Iceland Does The Unimaginable To Its Criminal Bankers (Video)
Published on Mar 13, 2015
"Iceland’s supreme court has upheld convictions of market manipulation for four former executives of the failed Kaupthing bank in a landmark case that the country’s special prosecutor said showed it was possible to crack down on fraudulent bankers.
Hreidar Mar Sigurdsson, Kaupthing’s former chief
executive, former chairman Sigurdur Einarsson, former chief executive
of Kaupthing Luxembourg Magnus Gudmundsson, and Olafur Olafsson, the
bank’s second largest shareholder at the time, were all sentenced on
Thursday to between four and five and a half years.
The verdict is the heaviest for financial fraud
in Iceland’s history, local media said. Kaupthing collapsed under heavy
debts after the 2008 financial crisis and the four former executives now live abroad. Though they sometimes returned to Iceland to collaborate with the court investigation, none were present on Thursday."* The Young Turks host Cenk Uygur breaks it down.
https://www.youtube.com/watch?feature=player_detailpage&v=Wi0QPr0VDvs
2 comments:
Bout time!!!!!!!! Good job!!!!!!!!!!!
Just a little history note. When Hitler was elected, he threw the Zionist bankers out of Germany, created debt and interest free currency and developed the strongest economy in Europe in just five years while the rest of the world was in a depression in the thirties. Germany had hyper-inflation and half the country was unemployed when the election happened. Can you just imagine what would happen in America if WE did that?
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