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Iceland Might Declare Bankruptcy | CFO Lounge

Iceland Might Declare Bankruptcy

Tue, Oct 28, 2008

Down to Business

This is crazy…apparently Iceland’s government may declare bankruptcy if it doesn’t get the $2.1 billion in aid it’s asking for.

The Fed has been on a tear lately buying up all of Wall Street…seems like the Fed should consider buying up countries as well.  Though I’m not sure what Iceland has to offer…oil?

This post was written by:

Chad Cohen - who has written 51 posts on CFO Lounge.


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1 Comments For This Post

  1. Pork for Bjork Says:

    Why not. I would rather see us buy Iceland than fund a GM/Chrysler merger that is doomed to failure.

    Have you ever been to the Blue Lagoon - there are some hotties soaking in there.

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