Haarde: Blame America - The Reykjavik Grapevine

Haarde: Blame America

Published September 7, 2011

Former Prime Minister Geir H. Haarde appeared on CNN, and wasted no time in blaming Iceland’s economic collapse on the inability of financial analysts in the US to foresee a global crisis looming.
Haarde also claimed that he in fact took measures to help save the economy – such as signing a deal with the IMF – and that the banks all operated within the framework of EU law. When asked point blank if he might bear at least some responsibility for the collapse – as the former Finance Minister and later the Prime Minister – Haarde contended that the activities within the banks were a mystery to him.
He also repeated his oft-repeated assertion that his trial is political in nature; not criminal, and that this is merely former political enemies scapegoating him to score political points.
The full video can be seen below:

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