Tag Archives: debt money

Iceland Proves Ireland Did `Wrong Things’ Sacrificing Taxpayers

By Yalman Onaran
Bloomberg

Unlike other nations, including the U.S. and Ireland, which injected billions of dollars of capital into their financial institutions to keep them afloat, Iceland placed its biggest lenders in receivership. It chose not to protect creditors of the country’s banks, writes Yalman Onaran.

Continue reading