Tuesday, October 14, 2008

Iceland: For Sale?

"Great scenery and wildlife but financial situation in need of repair -- collect in person.

Iceland, which is going cap in hand to Russia for a 4 billion euro ($5.49 billion) loan to bail out its failed banks, was offered for sale as a wholesale lot on eBay on Friday.
Bidding started at 99 pence but had reached 10 million pounds ($17.28 million) by mid-morning on Friday. "

This was the frontpage of the international Herald newspaper, which created shocks to millions of readers and even financial analyst worldwide. According to news, this was published at ebay this october due to severe financial crises, and according to one of my readings it was there president who published that advertisement.

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