Iceland unveiled plans aimed at cleaning up its failed financial system Monday, whereby creditors will see the government commit up to $2.1 billion to capitalize new lenders created from the ashes of those that collapsed last year. Iceland’s Minister of Finance Steingrímur J. Sigfússon discusses the plans. Watch here

From the Welsh band Catatonia’s 1999 hit Dead From The Waist Down. Striking a chord for the businessmen, politicians and times we are facing today. The sun is shining We should be making hay But were dead from the waist down Like in californ-i-a Victory is empty There are lessons in defeat But were dead [...]

ABC with their six minute take on the Icelandic economic crisis. I especially like “Booby the folk singer” You can watch the video here

So the guy who destroyed his old house has been attracting some headlines in the last couple of days. His actions have been met with great sympathy from many directions, some calling him a hero for going through with some serious “up yours” to the system that has screwed its citizens royally over. Others have [...]

This is Iceland today. A man in Alftanes, a suburb of Reykjavik destroyed a house he and his family lived in until his bank repossessed it after the economic collapse. The man in his fifties said he’d lost everything. He also buried his car in the back garden and left before police arrested him for [...]

Eva Joly interviewed last week by Kastljos. In english.

Eva Joly came in with a bang in Iceland today when after a couple of months away she returned to state her displeasure at the way things are being done in investigating the economic crash. She said she did not want her name associated with the investigation unless some radical changes would be made. And [...]

Watch the show here in swedish with some interviews in english in between.