As reported last night, one of the first politicians to suffer a career casualty will probably be Iceland's prime minister Sigmundur David Gunnlaugsson, who was exposed by the Panama Papers as secretly owning a company called Wintris set up in 2007 on the Caribbean island of Tortola in the British Virgin Islands, to hold investments with his wealthy partner, later wife, Anna Sigurlaug Pálsdóttir.
What do Lloyd Blankfein, Jamie Dimon, James Gorman, John Thain, Jimmy Cayne, and any of the revolving door of AIG CEO’s have in common? Three things come to mind rather quickly: 1) All were financial executives during the 2008 global financial crisis. 2) All of their firms received massive public bailouts. 3) None of them went to jail for their firm’s involvement in said crisis. As a matter of fact, most are still plugged in somewhere on Wall Street, presumably helping to facilitate the next great financial crisis.
The United States are to re-open a Cold-War era military base in Iceland amid deteriorating relations with Russia, the U.S. military have announced. The plans have been kept secret from the public and the Prime Minister of Iceland himself, until now. Sputniknews.com reports: “A lot of Icelanders are worried,” Paul Fontaine, news editor with the Reykjavik Grapevine, told Radio Sputnik.
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How Iceland Escaped From The One Bank
Written by Jeff Nielson (CLICK FOR ORIGINAL)