Where's Tom Clancy when you need him?

After the Cold War, then the Financial War. Red October in Iceland? Maybe we should have paid more attention in April to Iceland as a canary in the volcano. And here's a curious twist:

Dozens of [British] local authorities are facing the prospect of losing hundreds of millions of pounds after it was revealed that many had sizeable deposits with the failed Icelandic banks Landsbanki and Kaupthing...

Remember the Newfoundland/Iceland comparison?

Mark C.

Posted by markc at October 9, 2008 05:31 PM