Finally, Those Responsible For The Financial Collapse Are Being Prosecuted
...In Iceland, that is. Former Prime Minister Geir Haarde is on trial for negligence over the 2008 financial collapse. From the BBC:
He is accused of being negligent because he had not ensured financial safeguards were in place. He pleaded not guilty.
The former premier says he was only doing what he thought was best for the country at the time.
"I reject all accusations, and believe there is no basis for them," Mr Haarde told the court as he took the stand.
Not bad for what Michael Lewis calls a bunch of elf-worshipping, incestuous fishmongers.
