Resignation 31 OCT 2008 Iceland's Prime Minister Geir H. Haarde, right, is handed a letter from a member of the public, Snorri Asmundsson, left, asking for the resignation of the chairman of Iceland's central bank David Oddsson at a press conference in Reykjavik, Iceland, on Wednesday Oct. 8, 2008. Iceland plunged further into financial crisis on Wednesday as it scrapped plans to nationalize a major bank, instead placing it into receivership, and abandoned attempts to put a floor under its falling currency by fixing the exchange rate. The financial strife also developed into a diplomatic spat as the British government said that it planned to sue over lost deposits held by tens of thousands of Britons with Icelandic bank accounts. The threat prompted Prime Minister Geir H. Haarde to issue a statement saying the Nordic country was working toward a "mutually satisfactory solution." (AP Photo/Arni Torfason)