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User:Strombollii/sandboxiceland

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Banking in Iceland faced a crisis in 2008, which resulted in the government taking over three of its largest commercial banks.

The short-term liabilities of Icelandic banks in proportion to Iceland's GDP are 211%, as of 11 October 2008, or 480% of the country's national debt, and the average leverage ratio (assets/net worth) is 1 to 14.[1]

Central Bank

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Major Commercial Banks

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See also

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PJS:

1977: Considered for treasury secretary post, lost to Harold Williams[2]

Left Lehman in 1989 - acknowledges that RJR Nabisco played a part - not a fan of takeovers[3][4][5]

Helped to form sister city relationship with Beijing - Koch - Feb 1980[6]


References

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  1. ^ "The World's Banks Could Prove Too Big to Fail — or to Rescue". The New York Times. 11 October 2008. Retrieved 14 August 2016.
  2. ^ "Report on Head of S.e.c. Described as Premature". The New York Times. 1977-03-05. ISSN 0362-4331. Retrieved 2019-07-27.
  3. ^ "2d Departure at Shearson". The New York Times. March 17, 1989. Retrieved July 27, 2019.
  4. ^ Schrage, Michael (November 9, 1986). "D.C. Leftovers Not Welcomed To Wall Street". The Washington Post. Retrieved July 15, 2019.
  5. ^ "Peter J. Solomon". Prabook. World Biographical Encyclopedia, Inc. Retrieved July 20, 2019.
  6. ^ Times, Fox Butterfield Special To the New York (1980-02-25). "Koch Praises Warmth of Chinese Hosts". The New York Times. ISSN 0362-4331. Retrieved 2019-07-27.