November 16th, 2008 → 7:45 pm @ Dadi
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It was an odd episode, and highlights the other, deeper problem at the heart of Iceland’s banking system. How did the prime minister’s office know that a junior journalist in London was writing a story about Iceland? Presumably because someone from one of the banks told them. If so, why are they in such close contact? Because the whole system is run by a small group of men who go back a long way and, in the words of one businessman, “sit in the same hot tub three times a week”.
Couple of good articles from the Financial TImes
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November 16th, 2008 → 7:45 pm @ Dadi
0