In The Combat Zone of Finance
In The Combat Zone of Finance The 2008 financial crisis was among the worst in history, yet nevertheless offers invaluable lessons. Iceland defied the rules of finance; no bailout was attempted,…
Specifikacia In The Combat Zone of Finance
In The Combat Zone of Finance
The 2008 financial crisis was among the worst in history, yet nevertheless offers invaluable lessons. Iceland defied the rules of finance; no bailout was attempted, capital movements were restricted, bankers jailed, and creditors fought. Recorded as the third largest bankruptcy in history, it caused Iceland to experience an instant collapse.
In The Combat Zone of Finance is an insider's account told through anecdotes, dialogues and personal stories. Amazingly, although Iceland was hit hardest, it recovered fastest. The author, Svein Harald ygard, was offered the job of Central Bank Governor of Iceland just as the crisis struck.
He saw how institutions and leaders behaved from inside the system in its deepest crisis. Some made billions; others got burned. Their behaviour, strengths and weaknesses were revealed as in no other country.
ygard analyses these events in the context of
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