First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale


First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki.

If Finance Minister Bjarni Benediktsson has his way — and he likely will — Icelanders will be paid kr 30,000 after the government takes over ownership of the bank. Íslandsbanki would be second of the three largest banks under State proprietorship.

http://theantimedia.org/first-they-jailed-the-bankers-now-every-icelander-to-get-paid-in-bank-sale/

FIRST THEY JAILED THE BANKERS, NOW EVERY ICELANDER TO GET PAID IN BANK SALE


islandsibanki

Guðlaugur Þór Þórðarson, Budget Committee vice chairperson, explained the move would facilitate the lifting of capital controls, though he wasn’t convinced State ownership would be the ideal solution. Former Finance Minister Steingrímur J. Sigfússon sided with Þórðarson, telling a radio show, “we shouldn’t lose the banks to the hands of fools” and that Iceland would benefit from a shift in focus to separate “commercial banking from investment banking.”

http://www.infowars.com/first-they-jailed-the-bankers-now-every-icelander-to-get-paid-in-bank-sale/