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In reply to the discussion: Iceland Was Right, We Were Wrong: The IMF [View all]Coexist
(24,542 posts)21. Did you know Iceland hired Bounty Hunters to hunt down Banksters?
http://www.businessinsider.com/iceland-has-hired-an-ex-cop-bounty-hunter-to-go-after-the-bankers-that-wrecked-its-economy-2012-7
If you were involved in Icelandic high finance in the runup to the recession, you might want to start watching your back.
That's because the government has appointed a white collar crime bounty hunter who wants to haul your behind in (alive, to be sure).
LeMonde reporter Charlotte Chabas has a profile of Ólafur Þór Hauksson, a former local police lieutenant whom the Iceland government appointed to track down individuals likely to have helped sink the country's banking sector during the credit crunch.
Hauksson's job description, according to PressEurop's translation of the piece:
"On one hand, we have to investigate all suspicion of fraud and offences committed before 2009, on the other hand, we bring the lawsuits against the suspects to court ourselves," Hauksson explains. This is a 'totally new' method which allows the investigators to "follow the case" and the judicial system to "know the cases like the back of their hand". This is indispensable in order "to compete with the well-prepared defence attorneys".
Read more: http://www.businessinsider.com/iceland-has-hired-an-ex-cop-bounty-hunter-to-go-after-the-bankers-that-wrecked-its-economy-2012-7#ixzz24NkjnXVM
If you were involved in Icelandic high finance in the runup to the recession, you might want to start watching your back.
That's because the government has appointed a white collar crime bounty hunter who wants to haul your behind in (alive, to be sure).
LeMonde reporter Charlotte Chabas has a profile of Ólafur Þór Hauksson, a former local police lieutenant whom the Iceland government appointed to track down individuals likely to have helped sink the country's banking sector during the credit crunch.
Hauksson's job description, according to PressEurop's translation of the piece:
"On one hand, we have to investigate all suspicion of fraud and offences committed before 2009, on the other hand, we bring the lawsuits against the suspects to court ourselves," Hauksson explains. This is a 'totally new' method which allows the investigators to "follow the case" and the judicial system to "know the cases like the back of their hand". This is indispensable in order "to compete with the well-prepared defence attorneys".
Read more: http://www.businessinsider.com/iceland-has-hired-an-ex-cop-bounty-hunter-to-go-after-the-bankers-that-wrecked-its-economy-2012-7#ixzz24NkjnXVM
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And how many people were screaming that bailing out these parasites without extracting huge
Egalitarian Thug
Aug 2012
#11
I do not believe that the world would have ended had there been a reasonable bank and market
amandabeech
Aug 2012
#61
Assisting responsible homeowners with their house payments wouldn't have created a run on the banks
Blanks
Aug 2012
#44
Probably at the annual Third Way Anti-Social Justice Movement convention on K St.
Zorra
Aug 2012
#25
Even more precisely, Iceland was wrong.. like us.. FIRSt, then fixed it.
progressivebydesign
Aug 2012
#36
As I recall, no one said a meltdown was impossible, because no one saw it coming.
Honeycombe8
Aug 2012
#67
The need for a banking system is not the same as the need for the current cast or SOP
TheKentuckian
Aug 2012
#57