The Icelandic financial crisis : a study into the world's smallest currency area and its recovery from total banking collapse /: a study into the world's smallest currency area and its recovery from total banking collapse. ([2016])
- Record Type:
- Book
- Title:
- The Icelandic financial crisis : a study into the world's smallest currency area and its recovery from total banking collapse /: a study into the world's smallest currency area and its recovery from total banking collapse. ([2016])
- Main Title:
- The Icelandic financial crisis : a study into the world's smallest currency area and its recovery from total banking collapse
- Further Information:
- Note: Ásgeir Jónsson, Hersir Sigurgeirsson.
- Authors:
- Ásgeir Jónsson
Hersir Sigurgeirsson - Contents:
- List of Figures; List of Tables; 1: Introduction; 1.1 Gala at Harpa; 1.2 One Letter and Six Months?; 1.3 The Unfinished Business of 2011; 1.4 Lessons Learned?; 1.4.1 Lessons in Banking; 1.4.2 Lessons in International Finance; 1.5 The ``Appalling Blank;́́ 2: The Worst Case Scenario; 2.1 Midnight at the Mansion; 2.2 The Botched Bailout; 2.3 A Rejection from the US Fed; 2.4 The WaMu Way?; 2.5 The Geyser Warning; 2.6 A Force Majeure Action; 2.7 God Bless Iceland; 3: Reykjavik on the Thames; 3.1 The Problem with the Banks ́Owners; 3.2 An Act of Terrorism? 3.3 Will the Payment System Collapse?3.4 Reykjavik on the Thames; 3.5 Sound and Fury; 4: Day Zero; 4.1 When the Phones Went Silent; 4.2 How to Value Assets?; 4.3 How to Partition the Banks?; 4.4 A Troubled Childhood: The Operation of the New Banks; 4.5 Dealing with Blame, Shame and Punishment; 5: Worthless Currency?; 5.1 The Transfer Problem; 5.2 The Icesave Debacle; 5.3 The Carry Trade Hangover; 5.4 The Current Account and the Capital Controls; 5.5 The Currency Auctions; 5.6 The Political Fallout; 6: Meet the Hedge Funds; 6.1 The Sir Philip Moment; 6.2 Business at the Old Banks. 6.3 The Asset Base of the Estates6.4 Hedge Funds as Bank Owners; 6.5 What Kind of Resolution?; 6.6 Asset Return at Composition; 6.7 Sharing the Profitswith the Public; 7: The Faustian Bargain of Capital Controls; 7.1 Would You Like to Own a Stake in Deutsche Bank AG?; 7.2 The Operation of the Controls; 7.3 The Capital Controls as a Bargaining Tool; 7.4List of Figures; List of Tables; 1: Introduction; 1.1 Gala at Harpa; 1.2 One Letter and Six Months?; 1.3 The Unfinished Business of 2011; 1.4 Lessons Learned?; 1.4.1 Lessons in Banking; 1.4.2 Lessons in International Finance; 1.5 The ``Appalling Blank;́́ 2: The Worst Case Scenario; 2.1 Midnight at the Mansion; 2.2 The Botched Bailout; 2.3 A Rejection from the US Fed; 2.4 The WaMu Way?; 2.5 The Geyser Warning; 2.6 A Force Majeure Action; 2.7 God Bless Iceland; 3: Reykjavik on the Thames; 3.1 The Problem with the Banks ́Owners; 3.2 An Act of Terrorism? 3.3 Will the Payment System Collapse?3.4 Reykjavik on the Thames; 3.5 Sound and Fury; 4: Day Zero; 4.1 When the Phones Went Silent; 4.2 How to Value Assets?; 4.3 How to Partition the Banks?; 4.4 A Troubled Childhood: The Operation of the New Banks; 4.5 Dealing with Blame, Shame and Punishment; 5: Worthless Currency?; 5.1 The Transfer Problem; 5.2 The Icesave Debacle; 5.3 The Carry Trade Hangover; 5.4 The Current Account and the Capital Controls; 5.5 The Currency Auctions; 5.6 The Political Fallout; 6: Meet the Hedge Funds; 6.1 The Sir Philip Moment; 6.2 Business at the Old Banks. 6.3 The Asset Base of the Estates6.4 Hedge Funds as Bank Owners; 6.5 What Kind of Resolution?; 6.6 Asset Return at Composition; 6.7 Sharing the Profitswith the Public; 7: The Faustian Bargain of Capital Controls; 7.1 Would You Like to Own a Stake in Deutsche Bank AG?; 7.2 The Operation of the Controls; 7.3 The Capital Controls as a Bargaining Tool; 7.4 The Carrot and Stick Approach; 7.5 The Stability Contributions; 7.6 The Textbook Case?; 8: Dealing with Monetary Pollution; 8.1 What Happens If You Quadruple the Money Supply in Four Years?; 8.2 Doubling the Money Multiplier. 8.3 The Love Letters8.4 Helicopter Drops and the Bernanke Doctrine; 8.5 The Different Meaning of Money in Small Currency Areas; 8.6 Deposit Funding as aCurrency Risk; 8.7 The Stability Conditions; 9: A Full Recovery: Fiscal Cost of the Crisis; 9.1 To Cut the Link Between the Sovereign and Banks; 9.2 Central Bank Collateralized Loans and Treasury Securities Lending; 9.3 Recapitalization of the Commercial Banks; 9.4 Recapitalization of the HFF and the Savings Banks; 9.5 The CBI Loan to Kaupthing and State Guarantees; 9.6 Special Taxes and Stability Contributions of the Estates. 9.7 Fiscal Gains from the Capital Controls9.8 A Net Gain; Bibliography; Index. … (more)
- Publisher Details:
- London : Palgrave Macmillan
- Publication Date:
- 2016
- Extent:
- 1 online resource (xvi, 349 pages)
- Subjects:
- 332.1094912
Bank failures -- Iceland
Global Financial Crisis, 2008-2009
Banks and banking -- Iceland -- History
BUSINESS & ECONOMICS -- Finance
Bank failures
Banks and banking
Economic history
Iceland -- Economic conditions -- 21st century
Iceland
Electronic books
Electronic books
History - Languages:
- English
- ISBNs:
- 9781137394552
1137394552 - Related ISBNs:
- 9781137394545
1137394544 - Notes:
- Note: Includes bibliographical references and index.
Note: Online resource; title from PDF title page (EBSCO, viewed February 27, 2017). - Access Rights:
- Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
- Access Usage:
- Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.
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- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD.DS.410787
- Ingest File:
- 02_510.xml