Bankers jailed, sued as Iceland seeks culprits for crisis

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

AFP
May 12, 2010

  • A d v e r t i s e m e n t

More than a year and a half after Iceland’s major banks failed, all but sinking the country’s economy, police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit.

Since Iceland’s three largest banks — Kaupthing, Landsbanki and Glitnir — collapsed in late 2008, their former executives and owners have largely been living untroubled lives abroad.

But the publication last month of a parliamentary inquiry into the island nation’s profound financial and economic crisis signaled a turning of the tide, laying much of the blame for the downfall on the former bank heads who had taken “inappropriate loans from the banks” they worked for.

Read entire article

This article was posted: Wednesday, May 12, 2010 at 1:40 pm





Infowars.com Videos:

Comment on this article

Comments are closed.


Watch the News

FEATURED VIDEOS
MSM Calls Alex Jones, 'Tornado Truther' See the rest on the Alex Jones YouTube channel.

UK Terror Attack: MI5 Patsy Turned Loose? See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.