Four Iceland bank executives jailed

www.rte.ie...

An Icelandic court sentenced four former Kaupthing bankers to jail for market abuses related to a large stake taken in the bank by a Qatari sheikh just before it went under in late 2008.

None of the bankers, now based in London and Luxembourg, were present today.

After taking control of the banks, the government was forced to seek an International Monetary Fund-led loan to stay afloat, a programme the country exited in August 2011

Financial people - Big Guys - shouldn`t they all be jailed ?!

Yes they should be jailed, along with the crooks at the Federal Reserve. I hope they take all their money and assets as they would do it to us.

The article says that these bank officials were sentenced to jail. It does not say they were jailed. It appears that they never showed up in Iceland for the sentencing, I doubt if they will be extradited, England and Luxembourg like having people with lots of money spending it in their country.

reply to post by rickymouse


Yep, that`s one of the problems. Even in those rare situations these people are sentenced to jail, they always escape from it.

here's to watching this unfold in much, much, larger numbers!! cheers for them!