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Message: Three Cheers For Iceland

Three Cheers For Iceland

posted on Feb 26, 2009 08:39AM

Corrective actions to the root cause are finally applied...

Here here - VHF


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Iceland's parliament votes to oust central bank chief

By Wallace Witkowski

1:26 pm EST Feb 26, 2009

SAN FRANCISCO (MarketWatch) -- Iceland's central bank chief, David Oddsson, will be driven from office after the country's parliament passed a bill calling for his ouster, The Wall Street Journal reported Thursday on its Web site. Oddsson, who has been blamed by many for the collapse of Iceland's banking system, has refused to step down and could only be removed from the post by an act of parliament, according to the Journal.

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