General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAmerican needs to learn something from Iceland
A tip of the hat to Iceland
In stark contrast to the record low number of prosecutions of CEOs and high-level financial executives in the U.S., Iceland has just sentenced 26 bankers to a combined 74 years in prison.
The majority of those convicted have been sentenced to prison terms of two to five years. The maximum penalty in Iceland for financial crimes is six years, although hearings are currently underway to consider extending the maximum beyond six years
http://www.rawstory.com/2015/10/iceland-does-what-the-us-wont-26-top-bankers-sent-to-prison-for-role-in-financial-crisis/
w0nderer
(1,937 posts)please notice sarcasm
hobbit709
(41,694 posts)then they would learn what real work is like.
Nye Bevan
(25,406 posts)Here, he got 150 years and will die in prison.
packman
(16,296 posts)Besides, he bilked RICH people out of their money - and that makes a world of difference.