Frozen assets: how Iceland lived the boom and bust

Frozen assets: how Iceland lived the boom and bust

Thorvaldsson, Armann

22,19 €(IVA inc.)

Iceland truly lived the boom and bust. Once a tiny country on the edge of Europe, in less than two decades it became a global financial powerhouse. This isthe story of how one man, one bank and one country experienced and affected the course of world economic history. Armann Thorvaldsson, a former CEO at Kaupthing bank, tells the story of how his company was transformed into a ú6 billion international bank, by far the largest in his countrys history. Helping to build the biggest name in Icelandic venture capital, Thorvaldsson represented the money behind such household names as Easyjet, JJB Sports, Hamleys and Karen Millen. As the boom got bigger, the Icelandic bankers worked hard and playedeven harder with their international clients, including Gordon Ramsay, Tom Hunter, Mike Ashley and Philip Green. Moving from Reykjavik to London, Monte Carlo and Las Vegas, they seemed unstoppable. Yet, when the bust came, even the most frantic attempts to save the bank were fruitless, leaving thousands of ordinary savers, businesses, government bodies and charities devastated. Thorvaldssons reflections on exactly what happened and why make compelling reading.

  • ISBN: 978-0-470-74954-8
  • Editorial: John Wiley & Sons
  • Encuadernacion: Cartoné
  • Páginas: 288
  • Fecha Publicación: 25/09/2009
  • Nº Volúmenes: 1
  • Idioma: Inglés