Economics: The directors, executives, and auditors of four Icelandic banks for demonstrating that tiny banks can be rapidly transformed into huge banks, and vice versa (and for demonstrating that similar things can be done to an entire national economy). The CEO’s of Iceland’s collapsed banks have been honored at the Ig Nobel . This is [...]

The latest of Larus Welding is that he is apparantly heading off to Harvard to do a master’s degree. His application to the university must be quite a read. CEO of Landsbankinn, UK when IceSave was being implemented, then CEO of Glitnir who appeared on national television days before his bank was taken over by [...]

Since Newsweek was pointing fingers this week with its “Who’s to blame” report, it only makes sense that Icelanders start extending their index fingers. For every Fred Goodwin, there is a Bjarni Armannsson and for every David Oddson…well there are actually few people who could have made as much mess in history as David Oddson. [...]

Every day brings a new queasy revelation in the country which the Germans now call Crisisland. Today I met someone who is leaving the country, relieved to get away from all the negativity that has infiltrated every thread of society. Another friend said he foresaw the future in the same way. Occasionally you will find [...]