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Iceland says it was "bullied" over bank debt.

Submitted by Bob-45 on Sun, 09/04/2011 - 21:14
in

(Reuters) - Iceland's president accused European countries on Sunday of having bullied it into agreeing to guarantee repayment of the debts of a failed bank, reviving a dispute with Britain and the Netherlands whose citizens are owed billions.

When Iceland's banking sector collapsed in the 2008 global financial crisis, accounts were frozen at the bank Landsbanki, which had accepted deposits from British and Dutch savers through online funds called Icesave.

read more http://www.reuters.com/article/2011/09/04/us-iceland-idUSTRE...


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Sure they were

Submitted by donvino on Mon, 09/05/2011 - 02:32.

They were lucky, and still are that they have not been occupied. There are not many of them, it would not have been too difficult.

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donvino

They weren't occupied because they weren't

Submitted by samadamscw on Mon, 09/05/2011 - 02:49.

brown nor do they sit on a pile of oil.

Natural Gas

Submitted by donvino on Mon, 09/05/2011 - 03:00.

I hear there is a good amount there.

But, you are right it is cold there.

I do not think the banksters really give a damn whether their adversaries are brown or not imo. Just look at the American taxpayers, Ireland, Greece.

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donvino

Go Iceland

Submitted by shrader on Mon, 09/05/2011 - 01:52.

An example for the world. Parliaments, with votes, can overthrow bankers.