Browsing Tag

Iceland

Why Iceland Voted “No”

The vote reflected widespread belief that government negotiators had not been vigorous in pleading Iceland’s legal case. The situation is reminiscent of World War I’s Inter-Ally war debt tangle. Lloyd George described the negotiations…

Too Big To Regulate

Systemically Dangerous Institutions – the U.S., Iceland, and Ireland by William K. Black This column was prompted by Thomas Hoenig's December 1, 2010 op ed in the New York Times (“Too Big to Succeed”) warning that we must end banks…

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