| Author (Person) | Ward, Andrew |
|---|---|
| Series Title | Financial Times |
| Series Details | 7.8.09 |
| Publication Date | 07/08/2009 |
| Content Type | News |
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Article reports that Icelandic authorities were facing pressure to step up their investigation into possible wrongdoing before the country’s banking system collapsed in 2008, as fresh revelations emerge about questionable lending practices that helped spawn the crisis. A fresh wave of fury was released in the first week of August 2009 as Icelanders digested a risk report revealing the financial secrets of Kaupthing Bank shortly before it and two other lenders crumbled in October 2008. Public anger has been simmering for months as Iceland conducts a postmortem on its failed banks and seeks to apportion blame for a crisis that turned one of the world’s richest nations into an economic basket case. |
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| Countries / Regions | Iceland |
