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Funded by the Ill-Informed

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Abstract

After the wholesale run on the Icelandic banks during the Geysir crisis in 2007, they needed to find alternative means of funding. Landsbanki, better prepared for this drought on the wholesale market, had already in early 2007 started to pay down its bond issues with wholesale deposits.1

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© 2014 Gudrun Johnsen

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Johnsen, G. (2014). Funded by the Ill-Informed. In: Bringing Down the Banking System. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137347350_14

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