Icelandic governor on the defensive
David Oddsson, the chairman of the Central Bank of Iceland, has defended the institution's role in the island's economic meltdown, saying that critics had forgotten that banking supervision was transferred out of the central bank to the new Financial Supervisory Authority a decade ago.
Speaking on 18 November, Oddsson said that most of those who took part in instigating the attacks on the central bank should have known better, but that they had purposely looked beyond this fundamental point.
He
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