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View Full Version : IMF Says Bailouts Iceland-Style Hold Lessons for Crisis Nations - Bloomberg



NewsWhore
08-13-2012, 01:51 AM
IMF Says Bailouts Iceland-Style Hold Lessons for Crisis Nations (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHSsagNS4EVAYuaoJkH01sO0cEsBQ&url=http://www.bloomberg.com/news/2012-08-13/imf-says-bailouts-iceland-style-hold-lessons-for-crisis-nations.html)
Bloomberg
The island's subsequent decision to shield itself from a capital outflow by restricting currency movements allowed the government to ward off a speculative attack, cauterizing the economy's hemorrhaging. That helped ... Bloomberg moderates all comments.

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