More than a year and a half after Iceland's major banks failed, all but sinking the country's economy, police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit.What a quaint and old fashioned idea. When people corruptly enrich themselves at your expense, investigate.
Since Iceland's three largest banks -- Kaupthing, Landsbanki and Glitnir -- collapsed in late 2008, their former executives and owners have largely been living untroubled lives abroad.
But the publication last month of a parliamentary inquiry into the island nation's profound financial and economic crisis signaled a turning of the tide, laying much of the blame for the downfall on the former bank heads who had taken "inappropriate loans from the banks" they worked for.
If you find that they broke the law, arrest them and try them.
I vote for going medieval on the bankers asses.
[on edit]
Perhaps the bankers should learn this old prayer, "A furore normannorum libera nos domine."*
*From the fury of the Northmen deliver us, O Lord!
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