Titlebook: Bringing Down the Banking System; Lessons from Iceland Gudrun Johnsen Book 2014 Palgrave Macmillan, a division of Nature America Inc. 2014

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Eric Guerci,Mohammad Ali Rastegar growth of the combined assets of the three banks—excluding all acquisition activities—was phenomenal, ranging from 36 to 66 percent.. External growth (reflecting acquisitions) was also intensive, especially in 2004–2005 (Table 10.1)..

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ation Commission, tells the riveting story of the riseand fall of the Icelandic banking system, describes the Commission‘s findings onthe damaging effects of holding company cross-ownership, and explains what wecan learn from it all.<.978-1-137-45557-4978-1-137-34735-0

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Book 2014redby any country in modern economic history, relative to GDP. How could tinyIceland build a banking system in less than a decade that proportionallyexceeded Switzerland‘s? Why did the bankers decide to grow the system so fast?How did businesses tunnel money out of the banking system? And why didn‘t

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