2008-11-21 00:51:00

Japanese banks cut back on lendingInternational Herald Tribune, France - 5 hours agoThat began to change in September, when the crisis wrecked banks from the United States to Iceland and spread panic among investors, setting off a stock ....

2008-11-21 00:51:00

Germany's KfW, Hypo Real Estate Post Heavy LossesDeutsche Welle, Germany - Nov 17, 2008Icelandic government bonds that KfW owns also contributed to the losses, according to the German financial daily Handelsblatt as did the widely publicized ....

2008-11-21 00:51:00

Hypo Real Estate Post $3.87 Billion Loss, Forecasts Grim OutlookWall Street Journal - Nov 17, 2008Hypo's trading portfolio included €43 million in exposure to Iceland, as €175 million in impairments related to its exposure to Lehman Brothers. ...Hypo Real Estate Group 3Q loss 3.1 billion euros The Associated Pressall 147 news articles.

2008-11-21 00:51:00

BBC NewsHypo Real Estate Posts Provisional LossWall Street Journal - Nov 11, 2008Losses of €600 million were booked on Hypo RE's exposure to insolvent US bank Lehman Brothers, Iceland and other soured assets. Hypo RE said it recognized ...Heavy losses at Hypo Real Estate BBC NewsHypo Real Estate Taps Rescue Plan Following EU3.1 Billion Loss BloombergHypo Real Estate eyes more bad news RTE.ieThe Associated Press - RTT Newsall 118 news articles.

2008-11-21 00:51:00

Woolworths of UK Weighs Sale of ChainWall Street Journal - 20 hours agoIn August, Woolworths rejected a £50 million offer for its retail division from Iceland Foods Ltd. Investor concern over Woolworths centers on its debts, ....

2008-11-21 00:51:00

Sterling takeover talks collapseThe Associated Press - Nov 18, 2008... the trustees handling the estate said. The Icelandic-owned airline, which filed for bankruptcy last month, will now be dismantled and sold in bits and ....

2008-11-21 00:51:00

Hyperinflation to Follow Deflationary Debt UnwindThe Market Oracle, UK - 9 hours agoThe Iceland example shows how a nation can experience deflation (crashing stock, bond, and real estate markets) while also experiencing high inflation due ....

2008-11-21 00:51:00

Financial panics not new in American historyThe Johnstown Breeze, CO - 17 hours agoSo far, only one country has been taken down by the financial crisis, and that is poor little Iceland, brought to its knees by bank failures. ....

2008-11-21 00:51:00

When countries go bankruptPopMatters, IL - Nov 19, 2008Paul Kedrosky linked to this FT article describing life in Iceland after their banking system completely collapsed. The whole thing makes for some ....

2008-11-21 00:51:00

Weston & Somerset MercuryWaitrose store to open in WestonWeston & Somerset Mercury, UK - Nov 19, 2008Retail chiefs have exchanged contracts with Warner Estate Holdings for the former B&Q and Iceland site in Phillips Road. The development will create up to ....