Financial Times Journalist Writes Book on Iceland's Financial Crisis - The Reykjavik Grapevine

Financial Times Journalist Writes Book on Iceland’s Financial Crisis

Published May 5, 2009

Financial Times journalist and novelist Roger Boyes has written a book about Iceland’s economic crash.
Entitled “Meltdown Iceland,” it describes Iceland’s financial collapse from the people supposedly responsible until present day. Due to be released this fall, a plot summary reads in part:
“All the wealth accumulated in the previous decade—during which a new
breed of Icelanders had dared to believe they could compete
economically on an international level, during which Reykjavik became
the Capital of Cool—disappeared practically overnight. Iceland’s story
shows how closely the world economy is interconnected: The default on
subprime mortgages in the U .S. led to the collapse of Lehman Brothers,
which led directly to the run on Iceland’s banks, which forced local
authorities in Britain to switch off the heating in their classrooms.”
Boyes has written about Iceland before (both here and here, as two examples) and has an extensive history both with the Financial Times and in non-fiction, having been in the field for the past 30 years now. His first coverage of Iceland was the Cod Wars of the 1970s.

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