EPISODE · Jan 14, 2010 · 5 MIN
How the Icelandic saga should end
from FT Martin Wolf
The combination of cross-border banking with generous guarantees to creditors is unsustainable. Taxpayers cannot be expected to write open-ended insurance on the foreign activities of their banks, says Martin Wolf Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The combination of cross-border banking with generous guarantees to creditors is unsustainable. Taxpayers cannot be expected to write open-ended insurance on the foreign activities of their banks, says Martin Wolf Hosted on Acast. See acast.com/privacy for more information.
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How the Icelandic saga should end
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