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The Canadian Centre for Policy Alternatives (CCPA) issued a report this week detailing $114 billion the government gave banks during the economic downturn through indirect support.
Iceland’s former Prime Minister Geir Haarde was declared only partially guilty over negligence in office in the events leading up to the Iceland’s banking collapse of 2008.
The list of bank failures, collected since Oct. 1, 2000, continues to be updated month after month by the Federal Deposit Insurance Corp. (FDIC), which was appointed to take over the failed banks.
