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View Full Version : Iceland Targets Reaching Bank Creditor Settlement Next Month - Bloomberg



NewsWhore
03-11-2009, 04:51 AM
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Iceland Targets Reaching Bank Creditor Settlement Next Month (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da2VKr5fCi44M%26refer%3Dhome&cid=0&ei=U3y3SYPhO5TGM_ji2PkJ&usg=AFQjCNExf11Ew4WiyYu6t5NgAGlDvu21JA)
Bloomberg
The currency lost more than two thirds of its value last year after the government was forced to seize Kaupthing Bank hf, Landsbanki Islands hf and Glitnir Bank hf within a week because they couldn’t get short-term funding. The banks, which had swelled ...


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