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Iceland Jails Its Bankers

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Manage episode 227110966 series 1301442
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The 2008 global economic crisis hit hard in Iceland. Its three major banks and stockmarket collapsed and it was forced to seek an emergency bail-out from the IMF. But unlike many other countries affected by the global downturn, Iceland decided to prosecute its leading bankers. Around forty top executives were jailed. Mike Lanchin has been hearing from Special Prosecutor, Olafur Hauksson, who led the investigations.

(Photo: Protesters on the streets of Reykjavik demand answers from the government and the banks about the country's financial crisis, Nov. 2008. (Halldor Kolbeins/AFP/Getty Images)

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2044 episodes

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Iceland Jails Its Bankers

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Manage episode 227110966 series 1301442
Content provided by BBC and BBC World Service. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BBC and BBC World Service or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The 2008 global economic crisis hit hard in Iceland. Its three major banks and stockmarket collapsed and it was forced to seek an emergency bail-out from the IMF. But unlike many other countries affected by the global downturn, Iceland decided to prosecute its leading bankers. Around forty top executives were jailed. Mike Lanchin has been hearing from Special Prosecutor, Olafur Hauksson, who led the investigations.

(Photo: Protesters on the streets of Reykjavik demand answers from the government and the banks about the country's financial crisis, Nov. 2008. (Halldor Kolbeins/AFP/Getty Images)

  continue reading

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