{"id":52961,"date":"2016-06-08T08:10:32","date_gmt":"2016-06-08T12:10:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52961"},"modified":"2016-06-08T08:10:32","modified_gmt":"2016-06-08T12:10:32","slug":"hedge-funds-fast-money-not-welcome-as-iceland-bolsters-defenses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2016\/hedge-funds-fast-money-not-welcome-as-iceland-bolsters-defenses.html","title":{"rendered":"Hedge Funds\u2019 Fast Money Not Welcome as Iceland Bolsters Defenses"},"content":{"rendered":"<p>(Bloomberg) Iceland has gone its own way since its three largest lenders collapsed in 2008 under a mountain of debt almost eight times the size of its economy. The steps included capital controls that locked in hedge funds, mortgage writedowns and throwing bankers in jail.<\/p>\n<p>With the recovery well under way, the island nation &#8212; once a hedge fund paradise &#8212; is continuing on its isolated path. Lawmakers have effectively outlawed the kind of trade that inflated the bubble a decade ago, protecting against a repeat. Surrounded by sub-zero interest rates, Iceland\u2019s benchmark gauge of 5.75 percent, the highest in the developed world, is luring cash from abroad.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-06-08\/hedge-funds-fast-money-not-welcome-as-iceland-bolsters-defenses\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Iceland has gone its own way since its three largest lenders collapsed in 2008 under a mountain of debt almost eight times the size of its economy. The steps included capital controls that locked in hedge funds, mortgage writedowns [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52961","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52961"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52961\/revisions"}],"predecessor-version":[{"id":52962,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52961\/revisions\/52962"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}