Iceland Jail Top Bankers For 46 Years, Europe ‘Outraged’
Iceland has differed from the rest of Europe and the US by allowing bankers to be prosecuted as criminals, rather than treating them as a protected species. by Baxter Dmitry Iceland has found nine top bankers guilty and sentenced them to decades in jail for crimes related to the 2008 economic crash. On Thursday Iceland’s Supreme Court returned a guilty verdict for all nine defendants in the Kaupthing market manipulation case, after a long running court trial which began in April last year. Kaupthing was a big international bank headquartered in Reykjavik, Iceland. It expanded internationally for years, but collapsed...
Iceland has differed from the rest of Europe and the US by allowing bankers to be prosecuted as criminals, rather than treating them as a protected species. by Baxter Dmitry Iceland has found nine top bankers guilty and sentenced...
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