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Iceland arrests ex-chief of collapsed bank Kaupthing

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posted on May, 6 2010 @ 03:03 PM
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Iceland arrests ex-chief of collapsed bank Kaupthing


news.bbc.co.uk

The former chief executive of the collapsed Icelandic bank Kaupthing has been arrested, authorities say.

Hreidar Mar Sigurdsson is suspected of embezzlement, trading irregularities, and other breaches of banking laws, the special prosecutor's office has said.

It is the first high-profile arrest since the country's financial collapse in 2008.
(visit the link for the full news article)



posted on May, 6 2010 @ 03:03 PM
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And about time too... it's been too long.. It's time that these bankers got what they deserve for the mess they have left us all in.

Even Britains serious fraud office is getting involved in this one..

I'm almost overjoyed at this news.. It's so good to actually read something worthy in the news for once..

I hope this leads to many more bankers getting their collars felt by the boys in blue.


news.bbc.co.uk
(visit the link for the full news article)



 
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