Elizabeth Warren

Lochloosa

(16,474 posts)

5. And it can be done..."Iceland jails former Kaupthing bank bosses"

Tue Mar 31, 2015, 09:10 AM

Mar 2015

http://www.bbc.com/news/business-25349240

Hreidar Mar Sigurdsson, the former chief executive, received five and a half years, while Sigurdur Einarsson, former chairman of the board, was sentenced to five years in jail.

These are the heaviest sentences for financial fraud in Iceland's history.

The court gave Olafur Olafsson, one of the majority owners three years and Magnus Gudmundsson the former chief executive of the Luxembourg branch, three and a half years.

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Guess What Happened When JPMorgan's CEO Visited Elizabeth Warren's Office [View all] n2doc Mar 2015 OP

TBTF is an obscenity. Erich Bloodaxe BSN Mar 2015 #1

Agreed peacebird Mar 2015 #3

So is jamie dimon. calimary Mar 2015 #16

We need to jail the officers and directors and place more limits on indemnification. merrily Mar 2015 #51

Dimon doesn't care about breaking the law, his bank pays the fine. Jail time is what he needs. peacebird Mar 2015 #2

And it can be done..."Iceland jails former Kaupthing bank bosses" Lochloosa Mar 2015 #5

Aww! Saviolo Mar 2015 #9

Excellent! Good to see, now to start doing that over here in America peacebird Mar 2015 #12

That's what they did in Iceland Saviolo Mar 2015 #7

It can't be posted enough Lochloosa Mar 2015 #11

True enough. Saviolo Mar 2015 #33

Please make an OP in general discussion with this, more people need to see it. peacebird Mar 2015 #13

Please post this in GD for more visibility, thanks. 'So sue me'- appalachiablue Mar 2015 #43

You mean actually prosecuting people works?? F4lconF16 Mar 2015 #41

Jail time and actual restitution lark Apr 2015 #58

By all means, throw them in jail, but, joshdawg Apr 2015 #54

I like the way you think, joshdawg! peacebird Apr 2015 #56

“So hit me with a fine. We can afford it.” ---> He's saying "FUCK YOU AMERICA" L0oniX Mar 2015 #4

yup... progressoid Mar 2015 #15

Socialism for perps. GeorgeGist Mar 2015 #6

See! Warren's meeting with bankers already!!! MannyGoldstein Mar 2015 #8

did Elizabeth get a $250 thousand speaking bonus Ichingcarpenter Mar 2015 #10

Bwahaaaaaaaaaaaaaaaa! Scuba Mar 2015 #34

The big banks need to be broken up. pa28 Mar 2015 #14

This made me think of a simpler solution... Wounded Bear Mar 2015 #17

Something like this is needed SoLeftIAmRight Mar 2015 #19

That's what the fines were supposed to do. These sociopaths won't respond to anything that's not pri Volaris Mar 2015 #49

That arrogant SOB Hekate Mar 2015 #18

that is why lemondropkid Mar 2015 #20

I'd rather she was the majority leader... Wounded Bear Mar 2015 #21

Schumer is just another Wall Street Puppy begging to have his belly scratched. bvar22 Mar 2015 #35

what they do flobee1 Mar 2015 #22

Their pet politicians make the fines tax deductible. Vincardog Mar 2015 #26

It seems that organized crime has moved into banking. fasttense Mar 2015 #23

The BCF is a criminal conspiracy as well. Vincardog Mar 2015 #24

saw her on a show this morning mountain grammy Mar 2015 #25

Break them up. tclambert Mar 2015 #27

Wall street is pure evil project_bluebook Mar 2015 #28

But, but, but... gregcrawford Apr 2015 #57

"So hit me with a fine." Spitfire of ATJ Mar 2015 #29

a regulatory change that has a chance of actually being enacted Angel Martin Mar 2015 #30

Very interesting. Please consider making this an original post. Scuba Mar 2015 #36

are you sure about a separate thread? the article is from 2010... Angel Martin Mar 2015 #47

The comments at HuffPost for the article need supporters SleeplessinSoCal Mar 2015 #31

Just one reason i don't go to HuffPo anymore. nt. druidity33 Mar 2015 #40

I've never seen so many people on a somewhat "liberal" site go after her SleeplessinSoCal Apr 2015 #52

Did JPMorgan Try to Bribe Dem Power-Brokers? (Depends What Your Definition of 'Bribe' Is) Ichingcarpenter Mar 2015 #32

+1 a whole bunch! Enthusiast Mar 2015 #39

Compare to the Siegelman case in Alabama. JDPriestly Mar 2015 #46

We need another Teddy (Trust Buster) Roosevelt... bvar22 Mar 2015 #37

I am reading the Bully Pulpit, Doris Kearns Goodwin. JDPriestly Mar 2015 #44

I highly recommend this book, totally agree. Ikonoklast Apr 2015 #59

+1. Break up the Banks, open up the Media & bring back the Fairness Doctrine, for starters. appalachiablue Mar 2015 #45

Kicked and recommended a whole bunch! Enthusiast Mar 2015 #38

Why Elizabeth Warren needs to rethink running for the presidency. JDPriestly Mar 2015 #42

i am A-OK with banishment from wall street + confiscation of 90% of wealth. pansypoo53219 Mar 2015 #48

Read Vanity Fair's zentrum Mar 2015 #50

This isn't new. Badass Liberal Apr 2015 #53

K&R! DeSwiss Apr 2015 #55

Monkey on a Stick demwing Apr 2015 #60

Amazing turbinetree Apr 2015 #61

Play the card father founding Apr 2015 #62

K & R !!! WillyT Apr 2015 #63