The Mudcat Café TM
Thread #122317 Message #2684578
Posted By: Emma B
21-Jul-09 - 01:19 PM
Thread Name: its a sad day for Iceland .
Subject: RE: its a sad day for Iceland .
You might well feel that the financial raiders of Iceland are taking the piss with penthouse flats in New York and yachts but......
In order to extradite someone to their home country you first have to prove actual criminal actions - just entrepreneurial risk taking with other people's money is not enough unfortunately.
This is exactly what the current government is attempting to do with the appointment of Eva Joly, famous for her global fight against financial corruption, despite the oppositin she, and the government, have met from the supporters of the previous regime.
Skarpi, I'm not sure what you want to 'fight' your Democratic government about unless it's just their decision to enter into negotiations with the EU - even then, with the option of a referendum before any action could be taken! Why would you wish to bring the new government down - to return to the totally discretited rule of the previous government who were in bed with the banks?
Or is it all "full of sound and fury; signifying nothing." ?
"Iceland's new centre-left government, which took over after its predecessor fell amid protests over its failure to avert the crisis, has begun the task of cleaning up the mess left by the meltdown while applying for an EU membership it hopes will provide economic stability.
Restructuring the banking sector and repaying creditors are seen as key to reviving an economy in the clutches of a deep recession and placating the International Monetary Fund and others that have pledged $10 billion toward Iceland's recovery
Icelandic Business Affairs Minister Gylfi Magnusson told a news conference the government would put safeguards in place to prevent the new banks from acting as the old ones had done."