And Glitnir, Iceland's third-largest bank, was nationalised.

冰岛第三大银行Glitnir被国有化。

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This, in a nutshell, brought about Monday's collapse of Wachovia and Glitnir Bank in Iceland.

简单点说，这引起了周一冰岛的Wachovia和Glitnir银行的破产。

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Iceland got in financial difficulties after it took over its three biggest banks: Landsbanki, Kaupthing and Glitnir.

BBC: Credit crisis: World in turmoil

The Icelandic government takes control of the country's third-largest bank, Glitnir, after the company faces short-term funding problems.

BBC: Timeline: Credit crunch to downturn

There is also uncertainty over any money held by Landsbanki itself and Glitnir, another Icelandic bank, which are in receivership.

BBC: UK seeks return of Iceland cash