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Bankers Behind Bars: Is Iceland Living Up To That Meme
One frequently encounters foreigners who believe that Iceland offers a unique model of how to deal with a financial crash. A popular internet meme that purports to explain how Icelanders dealt with the crash features a photo of President Ólafur Ragnar Grímsson…
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Former Landsbanki Manager Receives 12 Month Sentence
This Wednesday morning, Sigurjón Þ. Árnason, former bank manager of Landsbanki, was sentenced to twelve months in prison, by the Reykjavík District Court. Thereof, he will serve nine months on probation. Sigurjón was arrested in 2011. His time in custody will be…