Saturday, February 26, 2011

Iceland's Voters Get Final Say on Repaying British, Dutch Depositor Debt

Iceland's Voters Get Final Say on Repaying British, Dutch Depositor Debt - Bloomberg
"Iceland’s President Olafur R. Grimsson will give his country’s voters the final say on repaying about $5 billion in debts owed to the U.K. and the Netherlands to cover depositor claims."

Do you really still think the snap-bailout of the U.S. banking system was necessary?

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