"After the collapse of its oversized banks, the Icelandic banking sector was composed of three banks erected on the domestic operation of the fallen giants, a state run real-estate bank and few small savings and loan institutions. It was obvious that the financial sector would suffer a second collapse if all firms under water were forced into bankruptcy and if all families in a similar situation were evicted from their homes."Þórólfur Matthíasson, professor i ekonomi vid Háskóli Íslands, i The Guardian om Islands hantering av finanskrisen.
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