Iceland - The Model the Bankers Would Like to Forget

The one successful victor over the banks
Friday, June 28, 2013, 2:27 AM

As the 2008 banking crisis unfolded, a lot of secret decisions were made that essentially boiled down to this: The bankers did not want to absorb the losses that resulted from their decisions.  The name of the game was who is going to eat the losses? And the early target, as always, was taxpayers. » Read more

Daily Digest

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Daily Digest 6/17 - "American Dream" Now A Myth, Greeks Hoard Cash & Food

Sunday, June 17, 2012, 10:44 AM
  • The "American Dream" Is Now A Myth
  • The Two Worlds of 2012: Will We Have “Inflation” or “Deflation”?
  • Iceland Court Sentences Ex-Byr Savings Executives To Jail
  • Full Text: George Soros on Reflexivity and a Potential Eurozone Breakup
  • The Genius of Mutual Indebtedness
  • Greeks Withdraw Cash, Stock Up on Food
  • Bill Black: Abacus Fraud Prosecution is not a Test Case
  • 30.3%
  • Feeling Peaky
  • U.K.’s Trash Becomes Biofuel Treasure