Head of central bank rufuses to step down: Iceland

2 posts / 0 new
Last post
investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Head of central bank rufuses to step down: Iceland

Mass protests in Iceland culminated in almost 2% of the
population standing outside the Althingi parliament building on January
24, demanding the dissolution of the government. Under severe pressure,
Prime Minister Haarde reluctantly resigned, citing health problems.
Astonishingly, the head of the central bank and the architect of the
economy, David Oddson, has refused to step down.

http://www.financialsense.com/fsu/editorials/barry/2009/0206.html 

DrKrbyLuv's picture
DrKrbyLuv
Status: Diamond Member (Offline)
Joined: Aug 10 2008
Posts: 1995
Re: Head of central bank rufuses to step down: Iceland

A bigger question must be asked, why shouldn't they simply eliminate the central bank?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments