Lynn Says Icelanders Should Tell U.K. to `Take A Hike'

[autorank]

Run time: 03:49 https://www.youtube.com/watch?v=h3AtNffFfWc   Posted on YouTube: March 02, 2010 By YouTube Member: Bloomberg Views on YouTube: 439   Posted on DU: March 09, 2010 By DU Member: autorank Views on DU: 207

 
Outstanding analysis from Bloomberg's Matthew Lynn on the vote by Iceland's citizens to reject bailing out their lousy banks:

"March 2 (Bloomberg) -- Bloomberg columnist Matthew Lynn talks about the Icelandic vote on paying back the U.K. and the Netherlands the so-called Icesave loan, needed to cover depositor losses at failed lender Landsbanki Islands hf. He speaks with Rishaad Salamat and Francine Lacqua in London."

This is in total agreement with my point in this article First Iceland, then the World also posted on DU here.