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Iceland Halts Financial Trading?




Topic started on 6-10-2008 @ 06:39 AM by Relentless


Just an alert FYI, as the snowball continues:

Iceland Trading News



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reply posted on 6-10-2008 @ 06:55 AM by CeltAngel


At least it's only on a couple companies as opposed to the entire exchange. I wonder what the relative financial impact of those companies on the country is?



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reply posted on 6-10-2008 @ 07:01 AM by mythatsabigprobe


Russia also halted trading - for the third time in the last two weeks I think. Iceland has runaway inflation, second only to Zimbabwe I think, so they're looking at a total financial collapse pretty soon. European and Asian stock exchanges are down 6% today, US markets will probably follow that, and then some... Black Monday?



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