Showing posts with label FINANCIAL CRISIS. Show all posts
Showing posts with label FINANCIAL CRISIS. Show all posts

Tuesday, 13 July 2010

ICELAND ARREST TOP BANKERS, WHY AREN'T WE?


Vigorously pursuing those allegedly responsible for Iceland’s 2008 financial crisis, investigators have  issued an international arrest warrant against Sigurdur Einarsson, chairman of the board of governors of the failed Kaupthing Bank.
An Interpol notice on Tuesday said Einarsson was wanted on charges of counterfeiting, forgery and fraud.
Einarsson, who lives in London, was said to be reluctant to come to Reykjavik for fear of being arrested and Icelandic authorities have refused to offer any assurances.


Why aren't we arresting our Bankers that caused the FINANCIAL CRISIS?  Instead we reward them for failing with increased salaries and bonuses.  Could it be that ICELAND is a small country where the Government is much closer to the people?

h/t Cuthulan