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Iceland does what the US won’t: 26 top bankers sent to prison for role in financial crisis

The United States needs to start sentencing some bankers to prison. If Iceland can do it with their resources then the United States can too. The politicians in Washington simply lack the backbone or the political will.

Justice League

According to Iceland Magazine:

In two separate rulings last week, the Supreme Court of Iceland and the Reykjavík District Court sentenced three top managers of Landsbankinn and two top managers of Kaupþing, along with one prominent investor, to prison for crimes committed in the lead-up to the financial collapse of 2008. With these rulings the number of bankers and financiers who have been sentenced to prison for crimes relating to the financial collapse has reached 26, and a combined prison time of 74 years.

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