Thursday, March 31, 2016

This Is Where Bad Bankers Go to Prison

"This is where the world’s only bank chiefs imprisoned in connection with the 2008 financial crisis are serving their sentences, Bloomberg Markets magazine reports in its forthcoming issue." This Is Where Bad Bankers Go to Prison - Iceland is the only nation that put top finance executives behind bars after the 2008 crisis. Still, fears of crony capitalism remain. Bloomberg, March 31, 2016 By Edward Robinson and Omar Valdimarsso