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Iceland teeters on the brink of bankrutcy

Discussion in 'BBS Hangout: Debate & Discussion' started by BetterThanEver, Oct 7, 2008.

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  1. BetterThanEver

    BetterThanEver Member

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    Is this worse than the S&L crisis of the 80s? Iceland's whole financial system is down the tubes.


    Click on link for the whole story. I have only included the first 3 paragraphs.
    http://news.yahoo.com/s/ap/20081007...nd_meltdown;_ylt=AhshSuC.fYU6.5NI76.nac.s0NUE

     
    #1 BetterThanEver, Oct 7, 2008
  2. SamFisher

    SamFisher Member

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    The best part is they're going to be saved by getting a payday loan from Russia. Better send goveror Palin over to greenland to keep one of her signature winking eyes on 'em.
     
    #2 SamFisher, Oct 7, 2008
  3. rrj_gamz

    rrj_gamz Member

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    Hmmm..maybe they can export some hot chicks...I'd buy that for a dollar...
     
    #3 rrj_gamz, Oct 7, 2008
  4. ghettocheeze

    ghettocheeze Member

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    Sign me up for these assets! ;)

    [​IMG]
     
    #4 ghettocheeze, Oct 7, 2008
  5. TreeRollins

    TreeRollins Member

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    This is what happens when Sigur Ros skips Houston.
     
    #5 TreeRollins, Oct 7, 2008
  6. KingCheetah

    KingCheetah Atomic Playboy

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    And now they look at Greenland with envious eyes...
     
    #6 KingCheetah, Oct 7, 2008
  7. rocketsjudoka

    rocketsjudoka Member

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    I'm met some Icelandic women and I would gladly pump some life into their economy.
     
    #7 rocketsjudoka, Oct 7, 2008
  8. twhy77

    twhy77 Member

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    Damn Republicans.
     
    #8 twhy77, Oct 7, 2008
  9. pirc1

    pirc1 Member

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    How much does that model sell for? :D
     
    #9 pirc1, Oct 7, 2008
  10. percicles

    percicles Member

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    Bjork is screwed!!!!
     
    #10 percicles, Oct 7, 2008
  11. Mr. Brightside

    Mr. Brightside Member

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    I've heard that Sigur Ros is so distraught over this, they have started talking in gibberish that no one understands. I'm really concerned.
     
    #11 Mr. Brightside, Oct 8, 2008
  12. HAYJON02

    HAYJON02 Member

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    Why should we care? Right? It's so funny!

    Juwan Howard sucks at basketball!
     
    #12 HAYJON02, Oct 8, 2008
  13. rhadamanthus

    rhadamanthus Member

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    Kaupthing's loans leaked. Massive, massive, massive naughtiness caught. Rampant, desperate attempts at censorship in full display.

    Link

    300-500 billion krona. Holy moly.

    Naturally, before any of us get all uppity about the fraud in Iceland and the attempts to hide it, note that TARP payout listings are still not available to the public.
     
    #13 rhadamanthus, Aug 3, 2009
  14. Major

    Major Member

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    http://bailout.propublica.org/main/list/index
     
    #14 Major, Aug 3, 2009
  15. rhadamanthus

    rhadamanthus Member

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    #15 rhadamanthus, Aug 3, 2009
  16. Invisible Fan

    Invisible Fan Member

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    Are we cleared to be uppity about the fraud in Iceland? :)
     
    #16 Invisible Fan, Aug 3, 2009
  17. Major

    Major Member

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    To be fair, to rhad's point, we don't actually know what our banks did specifically with that money. So technically, they could have loaned it all out to their friends like in Iceland. :)
     
    #17 Major, Aug 3, 2009
  18. Invisible Fan

    Invisible Fan Member

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    Crap. It's been a while since we claimed victory for our financial system.
     
    #18 Invisible Fan, Aug 3, 2009
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