ceebs:
BBC News - Icelandic authorities 'negligent' over banking collapseLeading Icelandic figures, including ex-Prime Minister Geir Haarde, are guilty of "negligence", a report into the Icelandic banking crisis has said.
Leading Icelandic figures, including ex-Prime Minister Geir Haarde, are guilty of "negligence", a report into the Icelandic banking crisis has said.
The following is an English summary and excerpts of the report´s findings Chapter 2: Executive Summary Chapter 18: Deposits in Financial Institutions in Branches abroad Chapter 21: Causes of the Collapse of the Icelandic Banks - Responsibility, Mistakes and Negligence
The neo-liberal ideology preaches no state interference - all the while leveraging the state reputation for private gain. It basically amounts to a claim on unfettered profits at the taxpayers expense. Frank's Home Page and Diary Index