December 28, 2009
So, Íslandsbanki, nee Glitnir, has appointed a new chairman of the board. He is Jón Sigurðsson, former chairman of the board of the Financial Supervisory Authority. As some of you may remember, the FSA was supposed to regulate the banks and keep them from growing so big that their collapse would spell disaster for the [...]
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September 29, 2008
Ah, me. Nothing quite like coming home to find that my bank has gone belly up. Yes, that is precisely what happened this morning, dear readers. The piles of post-holiday laundry and scores of unanswered emails were put on hold while our YT absorbed the alarming fact that Glitnir bank has rolled. Our government moved [...]
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