Couple flee after bank mistakenly gives them 10m $
posted by johannahdeschanel on May 21, 2009 - 112 comments

While the Wall Street financial crisis gripped the world Icelanders woke up one day to find that the Icelandic state had forcibly taken over the country's 3rd biggest bank, Glitnir. The worry is now that one of the two larger banks could also fail and the state wouldn't have the resources to do anything as the two remaining of the big 3 have assets totaling 10 times the GDP of Iceland. While the Central Bank claims it was the only option in a bad situation, prior bad blood between one of the Central Bank's directors, a former Prime Minister, and the main owner of Glitnir have some wondering if Icelanders have just been witness to "the biggest bank robbery in Icelandic history." [Warning: The story you are about to read may make you reconsider the verisimilitude of soap operas]
posted by Kattullus on Oct 3, 2008 - 25 comments

50 fun facts about banks.
posted by jbickers on Jan 16, 2008 - 40 comments

Swiss Holocaust Cash Revealed To Be Myth. "The tribunal said that it had processed about 10,000 claims in response to the list of dormant account names published by the Swiss Bankers’ Association five years ago. Only 200 accounts — containing £6.9 million — could be traced to Holocaust victims."
posted by tpoh.org on Oct 14, 2001 - 2 comments