Public banks

Late last night, Glitnir, the largest bank in Iceland, was purchased by the government, well, 75% of it. This reverses the trend of privitization that has been rampant in Iceland for the last 10 to 15 years. But I can't help but wonder if the Icelanders weren't just looking to do the same thing the Americans and English are doing.

Comments

Popular posts from this blog

Dett í, ofan á, úr, út

Twitterverse

The sky weeps