You should know that in the lovely leftist country of Iceland, some are more equal than others.

Johanna Sigurdardottir, Steingrimur J. Sigfusson and Gylfi Magnusson are so determined not to treat all debtors equally that currently you can only get real solutions at the banks if you know someone high up.

If you don’t then you’re stuck with roaming the jungle that is the “government action plan” where no-one gets help unless they are absolutely cornered.

If you do know someone of importance, then you can get loans frozen for quite a long time or even downsized.

The price to pay for not monitoring the banks sufficiently enough, or giving them enough directions.

Related posts:

1. Some investors are more equal than others
2. I-eland and the braindead situation
3. Bank Corruption As Bad As It Gets
4. The Zingales Plan’s Advantage
5. Rumour: Foreign Creditors Demand Foreclosure Of 20.000 Homes