Are we going to witness an historical housing price correction amid sharpest rise in unemployment and social tension?...and the minimum you should know in order to protect yourself from this downturn from an economic, stock market and political point of view... with a pinch of humor and sarcasm.
Wednesday, 8 October 2008
Glitnir Finland
"Iceland's bank Glitnir intends to sell its holdings in Glitnir Finland, the Finnish subsidiary said in a statement on Wednesday."
"Glitnir banki h.f. is carefully examining options to divest Glitnir Finland and sees it is in all parties' interests if by ownership change Glitnir FInland could confirm its status as a separate legal entity in Finland"
Who is going to buy Glitnir? Pohjola? Nordea?
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