Thursday, October 9, 2008

Iceland Stock Exchange on Ice

Iceland Closes Stock Exchange

Trading on the Iceland stock exchange has been suspended until Monday as hundreds of millions of pounds invested by British councils is at risk in the country's crisis. One authority alone - Kent County Council - has £50m deposited in troubled Landsbanki and its UK subsidiary Heritable, as well as Glitnir Bank.

Posted by adrian allen @ 12:26 PM (327 views)
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