REYKJAVIK, Iceland — The dust from Iceland’s spectacular
financial disaster — the failure of its three biggest banks and then the
collapse of its economy in the fall of 2008 — had barely begun to settle when
the country set about finding someone to blame.
The desire for justice and retribution is deep and
complicated, and Iceland has taken an unusual step in the strange annals of the
world financial crisis: it is pursuing criminal charges against a politician,
former Prime Minister Geir Haarde, for his government’s failure to avert the
catastrophe.
The formal indictment against Mr. Haarde, delivered by a
sharply divided Parliament, charges him with “violations committed from
February 2008 through the beginning of October of the same year, by intent or
gross neglect, mostly violations against the laws of ministerial
responsibility.” He showed, it continues, “serious nonfeasance of his duties as
prime minister in the face of major danger looming over Icelandic financial
institutions and the state treasury.”
Read the story
Source: New York Times
And we still haven't brought one person up on charges in the US.
What will it take? More homes in foreclosure, more lost jobs? You tell me.
I'm Just Sayin!
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