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Heh, I hadn't seen that exchange. Thanks for the link.

Well, the Icelandic response, much praised by some economists like Krugman, seems to have had its positive aspects, but I still haven't seen anyone go to jail in Reykjavik for stealing other people's money, the collective neo-liberal psychosis which so patently overtook the public Icelandic imagination having been papered over, all is forgiven, criminal Icelandic bankers feel shame, but not shackles.

A pity, that.

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Tue Jan 31st, 2012 at 04:33:42 AM EST
[ Parent ]
They have brought criminal charges against Larus Welding.
by gk (g k quattro due due sette "at" gmail.com) on Tue Jan 31st, 2012 at 04:41:47 AM EST
[ Parent ]
but nearly four years to bring charges?

I'll wait to applaud until when some of these thiefs go to jail. And I'll hold my applause for the measures Iceland took until at least one fo

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Tue Jan 31st, 2012 at 04:58:06 AM EST
[ Parent ]
oops, until one of their political elite spends a bit of time behind bars, maybe in the cell next to a few of their bankers.

Fai de bèn a Bertrand, te lou rendra en cagant
by redstar on Tue Jan 31st, 2012 at 04:59:27 AM EST
[ Parent ]
And which point we'll argue that it's only because the voters replaced their political elite with another one.... I'm probably as cynical as you, but my point is that you probably have to follow the Icelandic press to see if anything is happening. (Incidentally, Welding may have spent a short time behind bars; the press reports are a bit vague on that).
by gk (g k quattro due due sette "at" gmail.com) on Tue Jan 31st, 2012 at 05:15:13 AM EST
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