Iceland prosecuting banker CEOs

[kalibex]

In a move that would make many capitalists’ head explode if it ever happened here, Iceland just sentenced their 26th banker to prison for their part in the 2008 financial collapse.

In two separate Icelandic Supreme Court and Reykjavik District Court rulings, five top bankers from Landsbankinn and Kaupping — the two largest banks in the country — were found guilty of market manipulation, embezzlement, and breach of fiduciary duties. Most of those convicted have been sentenced to prison for two to five years. The maximum penalty for financial crimes in Iceland is six years, although their Supreme Court is currently hearing arguments to consider expanding sentences beyond the six year maximum.

http://usuncut.com/world/iceland-sentences-26-bankers-to-a-combined-74-years-in-prison/

 

[Windmill knight]

I've often wondered why Iceland, and only Iceland, has delivered some justice to their people by going after the bankers. Or to put it differently, why has Iceland been allowed to do this? Because I am sure that the rest of the world is under a lot of pressure from the financial elite, Washington and London, and all sorts of lobbyists, to leave the bankers alone. Yet Iceland got away with it.

And the only answer I can find is that Iceland is a small volcanic island in the north Atlantic, and they are probably not counting it as a country with much of a future, given the earth changes already taking place. If an ice age doesn't get it then an eruption will. :/

 

[Mr.Cyan]

I've often wondered why Iceland, and only Iceland, has delivered some justice to their people by going after the bankers. Or to put it differently, why has Iceland been allowed to do this? Because I am sure that the rest of the world is under a lot of pressure from the financial elite, Washington and London, and all sorts of lobbyists, to leave the bankers alone. Yet Iceland got away with it.

And the only answer I can find is that Iceland is a small volcanic island in the north Atlantic, and they are probably not counting it as a country with much of a future, given the earth changes already taking place. If an ice age doesn't get it then an eruption will. :/

I had similar thoughts too...and conclude similarly, that it is probably a small enough country located far away from their "centres" and at risk from Earth changes. Also i think the PTB are allowing it to happen - because maybe going against the will of the people Iceland will expose them too much, as Iceland is generally considered part of the West - hence they just let it be. Maybe also a good example of a free will universe in action. If there is enough critical mass/thoughts by the general population going in a certain direction, even STS forces may have to give in? Not sure, and interesting to ponder upon...

 

[Maat]

Sorry for the noise because it's not backed up, but it makes me think of something I heard (but don't remember where - in the tradition from who??) that revolution will come from the north and from there comes down (because of, I don't remember either not)

stupid post anyway...

 

[Buddy]

I've often wondered why Iceland, and only Iceland, has delivered some justice to their people by going after the bankers.

Max Keiser wrote in a SoTT article: "In Vietnam a banker caught committing a financial crime was executed."

Don't know how significant that statement is though, if true, because according to other articles, only Iceland, Russia, Iran and China are mentioned as not being controlled by the Federal Reserve in America or the Bank of England in the UK (AKA the Rothschild influence). What category should Vietnam really be in?

And the only answer I can find is that Iceland is a small volcanic island in the north Atlantic, and they are probably not counting it as a country with much of a future, given the earth changes already taking place. If an ice age doesn't get it then an eruption will. :/

I think Iceland is too small to be "too big to fail." And, since Iceland has reportedly paid back the IMF bail-out money from that 2008 collapse, the country is reportedly self-sustaining. Some frauds like quantitative easing need a toehold to get started, but activities that define Q.E. are said to already be against Iceland law, so, I don't know.

Or, maybe criminal financiers need one small country with a healthy economy as a place to 'retire' to when everyone else's economy crashes to the ground?

 

[Ruth]

I think Iceland is too small to be "too big to fail." And, since Iceland has reportedly paid back the IMF bail-out money from that 2008 collapse, the country is reportedly self-sustaining. Some frauds like quantitative easing need a toehold to get started, but activities that define Q.E. are said to already be against Iceland law, so, I don't know.

Or, maybe criminal financiers need one small country with a healthy economy as a place to 'retire' to when everyone else's economy crashes to the ground?

It is somewhat difficult for criminals, be they the banking kind, government kind, from Western countries, or any other kind or criminal to control a situation in which they don't have their 'tentacles'. In fact, unless you control strategic positions within an organisation or a country, you don't control that organisation or country at all.

I also suspect that if they want to 'retire' they would do so in a country where they could also put their 'tentacles', even if those 'tentacles' were dormant. I just think how an opportunistic parasite would behave. It seems Iceland may not have had enough people under their control, or willing to submit to it in order to be controlled. A bit of a fridge or a freezer for a human banking parasite, perhaps? They simply didn't have enough power there. So, they didn't get what they wanted.

http://www.thisismoney.co.uk/money/news/article-1687200/BBC-scolds-host-for-criticising-UKs-Iceland-stance.html