Johnsen Bringing Down the Banking System

Lessons from Iceland
2014
ISBN: 978-1-137-34735-0
Verlag: Palgrave Macmillan US
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 258 Seiten

How could tiny Iceland build a banking system in less than a decade that proportionally exceeded 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 anybody stop them? Bringing Down the Banking System answers these questions.

Gudrun Johnsen is Vice Chairman of the Board of Directors at Arion Bank, Assistant Professor of Finance at the University of Iceland, and Research Associate in the Department of Private Law at the University of Oslo, Norway.

Autoren/Hrsg.

Johnsen, G.

Inhaltsverzeichnis

1;Cover;1
2;Half-Title;2
3;Title;4
4;Copyright;5
5;Dedication;6
6;Contents;8
7;List of Figures;10
8;List of Tables;14
9;Acknowledgments;16
10;List of Characters;18
11;Timeline of Relevant Events;22
12;Part I From Prosperity to Panic;24
12.1;Chapter 1 Illusion of Prosperity;25
12.2;Chapter 2 Collapse;34
12.3;Chapter 3 Panic;40
12.4;Chapter 4 Investigation;68
13;Part II How Did the Bankers Do It?;78
13.1;Chapter 5 Financial Liberalization;79
13.2;Chapter 6 Funding the Banks;94
13.3;Chapter 7 The Geyser Crisis;102
13.4;Chapter 8 Love Letters to the Rescue;110
13.5;Chapter 9 Playing Tricks on the European Central Bank;116
14;Part III Why Did the Bankers Do It?;126
14.1;Chapter 10 The Web of Ownership;127
14.2;Chapter 11 Tunneling Money through Related-Party Lending;136
14.3;Chapter 12 Market Manipulation and Falsification of Equity;154
14.4;Chapter 13 Wages of Failure;170
15;Part IV Why Didn’t Anybody Stop the Bankers?;184
15.1;Chapter 14 Funded by the Ill-Informed;185
15.2;Chapter 15 A Debt-Free State; Isolated and without Credit;194
15.3;Chapter 16 Putting a Poodle on Watch;204
15.4;Chapter 17 What Have We Learned?;210
16;Notes;214
17;References;242
18;Index;248