Iceland jails 26 Bankers and plans Windfall Gifts to Citizens

First They Jailed the Bankers, Now Every Icelander to Get Paid in Bank Sale

icelans jails bankers aND PROSPERS

Iceland — First, Iceland jailed its crooked bankers for their direct involvement in the financial crisis of 2008. Now, every Icelander will receive a payout for the sale of one of its three largest banks, Íslandsbanki.

If Finance Minister Bjarni Benediktsson has his way — and he likely will — Icelanders will be paid kr 30,000 ( 212 euros)  after the government takes over ownership of the bank. Íslandsbanki would be second of the three largest banks under State proprietorship.

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