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Icesave

Icesave Decision: Hard Case, Bad Law

Iris Erlingsdottir | Posted 03.31.2013 | World
Iris Erlingsdottir

The few bankers who have been prosecuted have only received slaps on the wrist with a wet noodle. The individuals who ransacked the banks and their enablers still have their ill-gotten gains, their mansions, their yachts and jets, and now their "honor."

Accepting Responsibility for Iceland's Financial Disaster

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

There is a human tendency to want to move on, to sweep unpleasant episodes under the rug, and to act like everything is hunky dory. We cannot allow this to happen this time.

The Banks' Bonus Culture: "Have You Left No Sense of decency?"

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

Now that the banks have been stabilized (to some degree) as a result of massive public intervention, the very individuals who have nearly destroyed the country are ready to dance again.

Iceland's Pyrrhic Victory

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

While Icelanders have been endlessly debating IceSave, our unemployment rate has continued to climb, the number of insolvencies has continued to increase, and public services have continued to decrease.

Moral Hazard in Iceland

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

What is especially disheartening in Iceland is that, not only did the bankers retain their compensation; they continue to draw salaries in their new positions of authority in the new banks and in the government.

California's Lessons for Iceland

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

It's incumbent upon the Icelandic media and political establishment to educate the public on the reasons for and against Icesave. If we're serious about fighting for political reform and transparency that our country needs, here's a good place to start.

Iceland's President Is Still No Hero

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

I believe that none of the Icelandic political parties are actually standing up for the average Icelandic person.

Iceland's President Is No Hero

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

While legislators were hammering out a deal that would keep Iceland from being labeled a pariah state by the IMF and ratings agencies, President Ragnar was protecting his oligarch friends.

No More Secrets From the Icelandic People

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

The Icelandic people will, for the first time, directly exercise the nation's sovereign power in a referendum in March to approve or reject the proposed settlement of the IceSave dispute.

Iceland's Independent People: It's Time to Clean House

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

Any doubts as to whether Iceland's elite has declared war on its people were dispelled this weekend.