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eppur_se_muova

(36,257 posts)
Mon Apr 23, 2012, 12:51 PM Apr 2012

Iceland ex-PM Haarde 'partly' guilty over 2008 crisis (BBC)

Former Icelandic PM Geir Haarde has been found not guilty of negligence over the 2008 financial crisis that saw the island's economy go into meltdown.

A special court in Reykjavik said Mr Haarde would face no punishment and his legal expenses would be paid for.

But he was found guilty of one of the four charges: not holding cabinet meetings when things turned critical.

Mr Haarde, 61, is thought to be the first world leader to face criminal charges over the financial crisis.

Iceland's three main banks collapsed during economic turmoil and the failure of online bank Icesave hit thousands.
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more: http://www.bbc.co.uk/news/world-europe-17817174




So ... he failed to take action in a crisis ?



I had no idea that constituted an offense.

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