Empresas
GROUP: 6 “J”
INSIDE JOB
-The global economic crisis of 2008 cost tens of millions of people their savings, their jobs, and their homes.
-Gross domesticproduct: 13 billions
-Bank losses: 100 billions
-Iceland's government became an open policy of in regulations
-The government privatized three banks of Iceland
-Financial governmentdestroyed the place
-Over a period of 5 years these 3 small banks that never operated outside of Iceland provided 120 billion dollars ten times the size of the economy
-John Hamson tooked billions ofthe banks to buy business in London
-The banks took money from the market funds
-The corridors agencies of credit said Iceland was wonderfull
-Corridor agencies decided to promote the banks tothe highest rate that they could
-When the Iceland banks collapsed at the end of 2008 unemployment was manifested in six months
-I didn’t know they were the tender credits
-I could say thatpeople want to go back to the old road. where would they give higher priority to crisis.
-The regulators didn’t do their job they had to be able to do it.
-We have a report of one of the biggestand best investment bank. Who had a big fall.
-Now we can see how the world starts to suffer a big financial crisis
-The financial markets of the world fell today followed with dramaticevolutions.
-Lehman Brothers bank has his fall with the collapsed of the largest insurance companies in the world AIG going trough the global financial crisis.
-Large banks of all the world seem tohave collapsed
-The largest drop in history
-The financial drop keeps falling in all the world
-The banks needs to repurchase minibonos of Lehman
-The results were global recession that causedall the world dozens of billions of dollars leaving an estimated of 30 millions of people unemployed
-15 millions of globally people lost the control of their life’s
-This is an extremely big...
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