When the Icelandic banking system was privatised in 2003, it inaugurated a period of furious expansion of both loans and risky investments. The bubble burst in 2008. At that time, the nominal assets of the three largest banks ...
Economics & Business
Feb 28, 2012
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(AP) -- An Internet poker company that was blocked from operating in the U.S. in the spring as part of an online gambling crackdown was "not a legitimate poker company, but a global Ponzi scheme," federal prosecutors said ...
Internet
Sep 20, 2011
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(PhysOrg.com) -- The current financial crisis may reduce economic freedom as governments are likely increase intervention in a bid to protect their own economies - according to a study in Pacific Focus published by Wiley-Blackwell. ...
Economics & Business
Jul 31, 2009
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Tempting as it is to demonize greedy Wall Street bankers for the nation's economic ills, the real cause is far more insidious than a handful of selfish individuals--and may prove resistant to the Obama administration's latest ...
Economics & Business
Mar 26, 2009
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