Iceland asks for $2bln from IMF: govt

Iceland's government said Friday it had asked for two billion dollars (1.58 billion euros) of support from the International Monetary Fund, the first Western country to do so since 1976. "The Icelandic Government has reached an agreement... with a mission from the International Monetary Fund (IMF) on a comprehensive stabilisation program" worth two billion dollars, a government statement said.It added that the agreement still required approval by IMF managers.
http://www.breitbart.com/article.php?id=081024153432.t796vow0&show_article=1&catnum=0

As in the days of Noah....