Iceland Seizes Nation’s Largest Bank, Suspends Trading on Stock Market
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REYKJAVIK, Iceland, Oct. 9 — The government of Iceland on Thursday seized control of the country’s largest bank — the third bank takeover this week — and suspended trading on the stock market, as the North Atlantic island nation grapples with an unprecedented financial meltdown that has made it the first national casualty of the global economic crisis.
admin @ October 9, 2008