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Iceland bank Kaupthing files for US bankruptcy
Reuters ^
| 2008-12-04
| Jonathan Stempel
Posted on 12/03/2008 3:16:30 AM PST by rabscuttle385
NEW YORK (Reuters) - Kaupthing Bank hf (KAUP.IC), Iceland's largest bank, has sought bankruptcy protection from its U.S. creditors.
The Reykjavik-based lender filed a Chapter 15 bankruptcy petition on Sunday with the U.S. bankruptcy court for the Southern District of New York.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: bailout; bankfailure; banking; bankruptcy; financelist; financialcrisis; iceland; moneylist; panicof2008
To: PAR35; TigerLikesRooster; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; ...
*Ping!*
2
posted on
12/03/2008 3:17:32 AM PST
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
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The Money, Banking, and Financial Markets Ping List. "Money, not morality, is the principle commerce of civilized nations."
—Thomas Jefferson FR Keywords: moneylist, bankinglist, financelist Please tag all relevant threads with the aforementioned keywords. This can be a very high-volume ping list at times. Ping list jointly pinged by rabscuttle385 and TigerLikesRooster. To join the ping list:
FReepmail rabscuttle385 with the subject line add moneylist.
(Stop getting pings by sending the subject line drop moneylist.) |
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3
posted on
12/03/2008 3:17:46 AM PST
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: rabscuttle385
4
posted on
12/03/2008 4:12:20 AM PST
by
Red_Devil 232
(VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
To: rabscuttle385
US tax payer bail-out to follow...
5
posted on
12/03/2008 4:20:22 AM PST
by
Son House
(Mr. Øbama, Your Tax Increases Are Decreasing Job Opportunities)
To: rabscuttle385
looks like their banks are
un-expanding abroad.
6
posted on
12/03/2008 7:02:51 AM PST
by
ken21
(people die and you never hear from them again.)
To: Son House
I don’t support tax payer bailouts however we need the airforce base in the north atlantic. The last thing we want is the Russians to make themselves at home there.
7
posted on
12/04/2008 12:24:20 PM PST
by
utherdoul
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