Comments on: Melting Iceland’s… ‘New Bank’ Model http://whatthefinance.com/newswire/melting-icelands-new-bank-model-77 "Money makes the world go round"... all around the world. Fri, 16 Sep 2011 11:58:08 +0000 hourly 1 http://wordpress.org/?v= By: The What Girl http://whatthefinance.com/newswire/melting-icelands-new-bank-model-77/comment-page-1#comment-432 The What Girl Thu, 23 Oct 2008 14:30:31 +0000 http://whatthefinance.com/?p=77#comment-432 Dear Banker looking for a job.... I hope you are enjoying your time off and that you won't be looking for long! With regards to Kaupthing, most of the old Kaupthing's good assets will be transferred to the New Kaupthing, including all domestic deposits. Good news for their domestic banking system. Bad news for international bondholders is that they will stay at the 'old' Kaupthing along with other assets with limited value. So, recoveries are likely to be very low, unless some major political initiative dictates otherwise. Thanks for reading WhattheFinance, your comments are always welcome! Dear Banker looking for a job…. I hope you are enjoying your time off and that you won’t be looking for long!

With regards to Kaupthing, most of the old Kaupthing’s good assets will be transferred to the New Kaupthing, including all domestic deposits. Good news for their domestic banking system.

Bad news for international bondholders is that they will stay at the ‘old’ Kaupthing along with other assets with limited value. So, recoveries are likely to be very low, unless some major political initiative dictates otherwise.

Thanks for reading WhattheFinance, your comments are always welcome!

]]> By: Banker looking for a job http://whatthefinance.com/newswire/melting-icelands-new-bank-model-77/comment-page-1#comment-431 Banker looking for a job Thu, 23 Oct 2008 14:00:56 +0000 http://whatthefinance.com/?p=77#comment-431 You were right! The creation of 'new Kaupthing" has been confirmed and the model is indeed very similar to what wwe have seen with the other two Icelandic banks, namely Landsbanki and Glitnir. You Finance Mistress! You were right! The creation of ‘new Kaupthing” has been confirmed and
the model is indeed very similar to what wwe have seen with the other
two Icelandic banks, namely Landsbanki and Glitnir.

You Finance Mistress!

]]> By: Icelandic Stockmarket Collapse | What the Finance http://whatthefinance.com/newswire/melting-icelands-new-bank-model-77/comment-page-1#comment-366 Icelandic Stockmarket Collapse | What the Finance Tue, 14 Oct 2008 15:07:07 +0000 http://whatthefinance.com/?p=77#comment-366 [...] « Melting Iceland’s… ‘New Bank’ Model October 14, [...] [...] « Melting Iceland’s… ‘New Bank’ Model October 14, [...]

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