Funded by the Ill-Informed
Gudrun Johnsen
Chapter Chapter 14 in Bringing Down the Banking System, 2014, pp 169-177 from Palgrave Macmillan
Abstract:
Abstract After the wholesale run on the Icelandic banks during the Geysir crisis in 2007, they needed to find alternative means of funding. Landsbanki, better prepared for this drought on the wholesale market, had already in early 2007 started to pay down its bond issues with wholesale deposits.1
Keywords: Credit Default Swap; Parent Company; Foreign Exchange Reserve; Financial Supervision; British Regulator (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34735-0_14
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DOI: 10.1057/9781137347350_14
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