Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook

'Viking Bankers' Pillaged Iceland

How Iceland went from fishing to finance to ruin

By Katherine Thompson,  Newser Staff

Posted Mar 5, 2009 2:48 AM CST

(Newser) – The bankers who ruined Iceland’s economy possessed the mentality of its fishermen—daring, aggressive, and devoted to the “lucky catch," Michael Lewis writes in Vanity Fair. It's no surprise—after all, they were the sons of fishermen whose massive profits helped modernize...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
3 comments
A snapshot of the day's best news stories.
 

More Newser Stories

Iceland's Ex-PM Guilty on 1 Count in Banking Crisis

Ex-World Leader Indicted Over Financial Crisis

Movie Stock Exchange Proves Wall Street's Mad

Bjork Banks on Girl Power to Save Iceland

How Iceland Went From Codfish to Meltdown


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment