Back in the spring I bought an issue of Iceland Review magazine on the newsstand in Halifax. At the back of the issue was a rosy advertising supplement about the Icelandic financial industry, including a spread about the health and promise of the country’s banks (click on the image to see exciting notes in Flickr):
![Iceland Review on Icelandic Banks](https://ruk.ca/sites/ruk.ca/files/flickr/2931817203_940ea43ecc_b.jpg)
The headlines say, in order, “Kaupthing is Solid,” “Landsbanki Sees Opportunities,” and “Glitnir Bank Well Equipped to Increase Efficiency.” What a difference a few months makes.
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