Geir Haarde charged with negligence over failure to prevent collapse of Iceland's main bank. Iceland's former prime minister will appear in court to answer charges over his role in the 2008 financial crisis.Geir Haarde became a symbol of the get-rich bubble for Icelanders, many of whom lost their jobs and homes after the country's main commercial bank collapsed, sending inflation soaring and its currency into a nosedive. Haarde is accused of negligence in failing to prevent the financial implosion from which the island country is still struggling to emerge.
Read more here: http://www.guardian.co.uk/world/2012/mar/05/iceland-pm-charged-crisis
We wonder why our leaders have not been held accountable. At the very least we would expect the bankers to account for their actions. 2,000 people have gone to jail in the United States since 2008 for their parts in the financial collapse. In the UK? None!
