Frozen Assets: How I Lived Iceland's Boom and Bust (BOK)

Armann Thorvaldsson

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Iceland truly lived the boom and bust. Once a tiny country on the edge of Europe, in less than two decades it became a global financial powerhouse. This is the story of how one man, one bank and one country experienced and affected the course of world economic history. Armann Thorvaldsson, a former CEO at Kaupthing in the UK, tells the story of how his company was transformed into a GBP6 billion international bank, by far the largest in his country's history. Helping to build the biggest names in Icelandic business, Thorvaldsson represented the money behind such household names as easyJet, Matalan, Iceland and Karen Millen. As the boom got bigger, the Icelandic bankers worked and played hard with their international clients, including Gordon Ramsay, the Candy brothers, Mike Ashley and Robert Tchenguiz. Moving from Reykjavik to London, Monte Carlo and St Tropez, they seemed unstoppable. Yet, when the bust came, even the most frantic attempts to save the bank were fruitless, leading to the total collapse of the Icelandic economy. Thorvaldsson's reflections on exactly what happened and why, make compelling reading.


Språk Engelsk Engelsk Innbinding Innbundet
Utgitt 2009 Forfatter Armann Thorvaldsson
ISBN 9780470749548
Antall sider 276 Dimensjoner 14,9cm x 22,5cm x 2,5cm
Vekt 432 gram Leverandør Bertram Trading Ltd
Emner og form Economic & financial crises & disasters