After Crisis, Iceland Holds a Tight Grip on Its Banks – New York Times

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Morning Agenda: The Bitcoin Mines of Iceland – New York… December 23, 2013 By WILLIAM ALDEN On the flat lava plain of Reykjanesbaer, Iceland, near the Arctic Circle, you can find the Bitcoin mines. | The Federal Reserve moved to curb a maneuver that banks can exploit to make themselves look stronger. | A deal by Carl C. Icahn illustrates the growth of an obscure but increasingly popular securities structure. | The Fed has allowed JPMorgan into a variety of markets for basic goods. Published: December 23, 2013…

Mining for Bitcoins in Iceland – New York Times December 21, 2013 By Richard Perry At a secure facility that was once a NATO base, computer servers run around the clock mining bitcoins. The company behind the operation relies on cheap energy to turn processing power into cash. Published: December 21, 2013 at 5:00AM Source: NYT Business Day http://www.nytimes.com/video/2013/12/21/business/100000002607442/mining-for-bitcoins-in-iceland.html Bitcoin (Currency), Alternative and Renewable Energy, Computers and the Internet

Iceland thumbs nose at international opposition to advance… December 1, 2013 Published time: December 01, 2013 03:14Edited time: December 01, 2013 04:00 A general view of houses in the town of Vik in southern Iceland.(Reuters/ Ingolfur Juliusson) Iceland’s government has announced that it will be writing off up to 24,000 euros ($32,600) of every household’s mortgage, fulfilling its election promise, despite overwhelming criticism from international financial institutions. The measure was introduced by the country’s prime minister, Sigmundur David Gunnlaugsson, the leader of the Progressive Party which…

Into the Bitcoin Mines – New York Times December 21, 2013 By NATHANIEL POPPER In a bunker in Iceland, powerful computers are whirring 24 hours a day — and extracting an invisible currency. Published: December 21, 2013 at 5:00AM Source: NYT Business Day http://dealbook.nytimes.com/2013/12/21/into-the-bitcoin-mines/ Bitcoin (Currency), Computers and the Internet, Data Centers

The Rich Country Trap – New York Times January 2, 2014 By SIMON JOHNSON Despite the damage caused by the last financial crisis and in isolated incidents since then, the largest financial companies have retained enormous sway over government officials and policy makers, an economist writes. Published: January 2, 2014 at 5:00AM Source: NYT Business Day http://economix.blogs.nytimes.com/2014/01/02/the-rich-country-trap/ Banking and Financial Institutions, Credit and Debt, Regulation and Deregulation of Industry