Trevor Williams

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Last quote by Trevor Williams

They borrowed heavily. Internationally flows of money into Iceland were huge, they used that money to leverage, they bought a lot of assets overseas, these assets fell dramatically in value, which meant that they couldn't cover their liabilities so they were effectively insolvent and bankrupt.
Mar 05 2012
We found 1 article in which Trevor Williams said something. The most recent Trevor Williams’s quote is: “They borrowed heavily. Internationally flows of money into Iceland were huge, they used that money to leverage, they bought a lot of assets overseas, these assets fell dramatically in value, which meant that they couldn't cover their liabilities so they were effectively insolvent and bankrupt.”. In addition, all sources we refer have quoted Trevor Williams 1 time. On this page, you will find all of Trevor Williams’s quotes organized by date and topic.
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This webpage has been created by a robot: errors and absent quotes cannot be totally avoided