Iceland by the Numbers

If you're looking for a sensible and coherent response to a major crisis, you could do a lot worse today than look to Iceland. The country's current currency crisis happened because it's so small. But the solution, too, is something which would be almost impossible to implement in a much larger economy: it involves everyone -- buy side, sell side, government, banks -- all working together, in concert, with nobody trying to game the system. ... Read more

The financial turmoil in Iceland might seem like a distant concern for those nervously tracking Wall Street's daily gyrations, but there's at least one way in which the meltdown in the North Atlantic could create some very real problems ... Read more