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First They Jailed The Bankers, Now Every Icelander To Get Paid In Bank Sale
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First They Jailed The Bankers, Now Every Icelander To Get Paid In Bank Sale
Remember back in 2008 when Iceland was hit by the financial crisis, and shortly thereafter jailed the bankers for causing it? Get this: Rather than do a bailout, they just finished jailing the 76th banker, "for intentionally causing financial mayhem", Liquidated the bank, took it under state ownership and will be paying out (from the bank liquidation) $236 US dollars to every person in Iceland!
Contrast that with the U.S., where when the bankers did the same thing every American ended up with an effective "payback" to the bankers of right around $40,000 US dollars each. If anything could prove the greatest thieves in history run the U.S., it is the banker bailout. Iceland obviously has a chance! No wonder why they are totally out of debt now, and back on the way up.
Original report: [link to macedoniaonline.eu]
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