Thursday, May 13, 2010

Justice -- The Great Icy North Style . . .

The Icelanders have got the right idea. I've always said - erect a gallows in front of the NY Stock Exchange, publicly hang a few of these Banksters and Investment firm CEO's and traders and you'll see Wall Street clean up their crooked act pretty fucking quick.

By Haukur Holm (AFP) – 22 hours ago

REYKJAVIK — More than a year and a half after Iceland's major banks failed, all but sinking the country's economy, police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit.

Since Iceland's three largest banks -- Kaupthing, Landsbanki and Glitnir -- collapsed in late 2008, their former executives and owners have largely been living untroubled lives abroad.

But the publication last month of a parliamentary inquiry into the island nation's profound financial and economic crisis signaled a turning of the tide, laying much of the blame for the downfall on the former bank heads who had taken "inappropriate loans from the banks" they worked for.

Just saying . . .


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