Tag Archives: Iceland

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale

Posted on November 9, 2015 by Keld Bach

First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki. If Finance Minister Bjarni Benediktsson has … Continue reading →

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Iceland Shows the Way: Jail the Bankers!

Posted on December 16, 2013 by Keld Bach

By jailing four top officers of Iceland’s failed Kaupthing Bank, the country showed the world the right way to deal with the people largely responsible for the 2008 financial crisis, said Charlie McGrath, founder of the news website, Wide Awake … Continue reading →

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