and borrowing to assist domestically for the concomitant hard****ps may
prove,
I think, much less costly than trying to carry the existing banking
debts.
Iceland need only go down that road until credibility is restored and
reinforced.
Citizens meeting a bona fide domestic borrower test could perhaps be
afforded
favored rates.
Perhaps this route is worth traveling for a while before deferring to
recommendations
of Kaupthing Bank=92s research department.
