Willem Buiter, Iceland’s bank defaults: lessons of a death foretold: “Early in 2008, Anne Sibert and I were asked by the Icelandic bank Landsbanki (now in receivership) to write a paper on the causes of the financial problems faced by Iceland and its banks, and on the available policy options. We sent the paper to [...]
Entries Tagged as 'credit crunch'
Iceland’s bank defaults: lessons of a death foretold
October 10th, 2008
Tags: credit crunch · economics · iceland · willem buiter
Moral Hazard
September 27th, 2008
September 25, 2008: Protests in front of the New York Stock Exchange. CNNMoney, Wall Street Journal, Financial Times, Bloomberg, Financieele Dagblad, De Tijd, Handelsblatt. FT Alphaville, Marginal Revolution, Peston’s Picks, Crisis on Wall Street, Marketbeat.
Tags: credit crunch · economy · wall street