You limited your search to:

 Country: Iceland
 Collection: Congressional Research Service Reports
Iceland's Financial Crisis

Iceland's Financial Crisis

Date: November 20, 2008
Creator: Jackson, James K.
Description: On November 19, 2008, Iceland and the International Monetary Fund (IMF) finalized an agreement on a $6 billion economic stabilization program supported by a $2.1 billion loan from the IMF. Iceland's banking system had collapsed as a culmination of a series of decisions the banks made that left them highly exposed to disruptions in financial markets. The collapse of the banks also raises questions for U.S. leaders and others about supervising banks that operate across national borders, especially as it becomes increasingly difficult to distinguish the limits of domestic financial markets.
Contributing Partner: UNT Libraries Government Documents Department
Iceland's Financial Crisis

Iceland's Financial Crisis

Date: March 11, 2010
Creator: Jackson, James K.
Description: This report discusses the banking collapse in Iceland. Iceland's banking system had collapsed as a result of a culmination of a series of decisions the banks made that left them highly exposed to disruptions in financial markets. The collapse of the banks raised questions for U.S. leaders and others about supervising banks that operate across national borders, especially as it has become increasingly difficult to distinguish the limits of domestic financial markets.
Contributing Partner: UNT Libraries Government Documents Department