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What it’s like when the banks collapse: Iceland 2008 firsthand

Cover of  by Jared Bibler

Bibler, who later joined the Fjarmalaeftirlitid (FME) investigation into the collapse, had quit his stressful Wall Street job in 2004 and moved to the tiny country after vacationing there. He ended up working at one of the largest banks, Landsbanki, and in a stroke of bizarre timing, quit his job just days before all three major banks collapsed in October 2008.

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