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Iceland to sentence ninth banker found guilty of market manipulation that helped caused 2008 crash

Posted on 10/09/2016 12:45:07 PM PDT by Mount Athos

link only in comments due to posting restriction. Strange there is almost no coverage on this story outside of iceland other than this one i found


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: iceland
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http://www.independent.co.uk/news/world/europe/iceland-to-sentence-ninth-banker-found-guilty-of-market-manipulation-that-helped-cause-2008-a7349711.html

Seems to be almost a news blackout on this story, this is the only major news outlet covering it at all???

1 posted on 10/09/2016 12:45:07 PM PDT by Mount Athos
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To: Mount Athos

I hope the sentence is to hang


2 posted on 10/09/2016 12:47:26 PM PDT by Mjreagan
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To: Mount Athos

On planet Earth there is only one honest country?

that’s pretty amazing.


3 posted on 10/09/2016 12:47:48 PM PDT by gaijin
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To: Mount Athos

Are they interested in George Soros?

Do we have an extradition treaty with them?

Just askin...


4 posted on 10/09/2016 12:50:41 PM PDT by DoughtyOne (30 days: Until Presdient Pre-elect becomes President Elect Donald J. Trump. Help is on the way!)
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To: Mount Athos

So, Iceland was the nexus of the manipulation? Doubt it.


5 posted on 10/09/2016 12:50:48 PM PDT by Paladin2 (auto spelchk? BWAhaha2haaa.....I aint't likely fixin' nuttin'. Blame it on the Bossa Nova...)
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To: Paladin2

The cause of the 2008 crash was the social engineering of the housing market to force banks to make loans to those who could not afford them. This was done by leftist politicians all over the world, but mostly in the USA. Then they blamed the “greedy bankers”. I don’t see any of these leftist politicians or government activists in jail.


6 posted on 10/09/2016 12:59:43 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

Agree!


7 posted on 10/09/2016 1:00:44 PM PDT by TruthWillWin (The problem with socialists is that you eventually run out of other peoples money.)
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To: Mount Athos

So how many US bankers were convicted? How about the liars in ratings agencies? How about the cheaters in title companies and realty companies. We could fill a prison with these shysters.


8 posted on 10/09/2016 1:17:41 PM PDT by Freedom_Is_Not_Free (The Confederate Flag is the new "N" word.)
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To: Freedom_Is_Not_Free

How about the politicians that caused the problem in the first place. How many US politicians have been convicted?

Silence. All are above the law.


9 posted on 10/09/2016 1:18:45 PM PDT by Freedom_Is_Not_Free (The Confederate Flag is the new "N" word.)
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To: MtnClimber

Under the name of the community reinvestment act. The banks were just doing what the us government told them to do, namely make high risk loans to people that everyone knew didnt have the means or intention of paying back


10 posted on 10/09/2016 1:44:24 PM PDT by Smellin Salt
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To: MtnClimber

Also naked derivatives and loaning peeps 2x what they needed for their immediate projects on very short term loans compared to the development/life times of the projects.


11 posted on 10/09/2016 2:12:10 PM PDT by Paladin2 (auto spelchk? BWAhaha2haaa.....I aint't likely fixin' nuttin'. Blame it on the Bossa Nova...)
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To: DoughtyOne

When do we nail satan soros


12 posted on 10/09/2016 2:29:52 PM PDT by ronnie raygun (I)
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To: Mount Athos

Ice land is the only country that refused to take on more debt to bail out crooked bankers. Instead they started to put them in jail where they belong. As far as I know they are the only country to do that too.


13 posted on 10/09/2016 2:55:43 PM PDT by Revel
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To: Paladin2

Nope Iceland was the one who handled it right. They refused to make the crooked bankers whole all the while being threatened that if they did not then they would fall into economic catastrophe.

Instead of that happening, they thrived.


14 posted on 10/09/2016 3:00:36 PM PDT by Revel
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To: Revel

Figures.


15 posted on 10/09/2016 3:06:37 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: Mount Athos

Indicting, convicting, and sentencing bankers for their crimes? That’s crazy!


16 posted on 10/09/2016 3:55:27 PM PDT by Wolfie
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To: Freedom_Is_Not_Free

>
How about the politicians that caused the problem in the first place. How many US politicians have been convicted?

Silence. All are above the law.
>

Correction: This IS *NO* law.


17 posted on 10/09/2016 4:28:36 PM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: ronnie raygun

Trump says his Justice Department will have a special prosecutor for Hillary.

They need one for Soros too. Toss his ass in prison for funding riots.


18 posted on 10/09/2016 7:58:54 PM PDT by DoughtyOne (30 days: Until Presdient Pre-elect becomes President Elect Donald J. Trump. Help is on the way!)
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To: gaijin

the small nation of Iceland throws the crooked bankers in jail and our big, big nation with all of its fbi, cia, dhs, etc and we can’t throw a single crook in jail for the tarp fund ripoff?


19 posted on 10/09/2016 8:21:26 PM PDT by cherry
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To: Paladin2
Also naked derivatives

Sounds scary!

20 posted on 10/10/2016 7:55:02 AM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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