Quotes of the Day

economy iceland stock market banks crisis
Tuesday, Oct. 07, 2008

Open quoteWe were faced with the real possibility that the national economy would be sucked into the global banking swell and end in national bankruptcy.Close quote

  • GEIR HAARDE,
  • Prime Minister of Iceland, as the government agreed on sweeping controls over the country's banking system
Photo: Brendan McDermid / Reuters | Source: Reuters