Iceland’s Supreme Court upheld charges against several bankers implicated in the world meltdown via fraud and other illegal opportunities last February. Hreiðar Már Sigurðsson sits in prison in Iceland. So do three of his associates. They were all forced to pay millions of dollars in fines.
From left to right: Former CEO of Kaupthing Luxembourg Magnus Gudmundsson, Olafur Olafsson, the bank’s second largest shareholder at the time, Hreidar Mar Sigurdsson, Kaupthing’s former chief executive, and former chairman Sigurdur Einarsson—all sentenced to between four and five and a half years. (Image: DV)
Why doesn’t that happen in the USA. The answer is simple. The USA government is one of the most corrupt in the world. Money rules, and that’s what US democracy looks like. The corporate press is also remarkably corrupt, and so, the so-called free press has become a willing partner in criminal activities by sponsoring such slogans as “Too big to fail,” and “Too big to Jail.” The US public, for the most part, swallows this propaganda like fresh candy, and without question.
The US bankster’s should be in jail, just like their brethren in Iceland, but the US in-justice department finds it better to focus on corporate crimes, and then lay fines against these corporations, rather than at the employees perpetrating the crimes. Those employees are among the most politically corrupting influences in the US government today.