Former CEO Of Failed Iceland Bank Landsbanki Arrested

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Fri, 01/14/2011 - 16:05 | 877114 Ray1968
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I wish we would follow their example and let the banks fail.... and make arrests!

Fri, 01/14/2011 - 17:24 | 877442 downrodeo
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I'm with you on that one!

Collectively, America has completely degenerated into an childish state of being. Iceland has demonstrated how adults should act. They've shown that making the right choice is not always easy, but that should not stop one from making it. All the while, we simply pretend nothing is wrong and go about our business. We're a bunch of children.

Fri, 01/14/2011 - 19:46 | 877856 sgt_doom
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Yes, indeed!

America -- the lawless rogue nation state controlled by the banksters.

We require Eva Joly to take time off from the European Parliament to come and investigate the Obama-Bush Administration and the Fed.

That GAO audit of the Fed will take entirely too long -- and we all know the end result:

The USA is simply one colossal-sized Ponzi-Tontine schem.

Fri, 01/14/2011 - 23:01 | 878204 Buck Johnson
Buck Johnson's picture

We are a bunch of children and they like it that way.  They have dumbed down the populace to such an extent that logic doesn't make sense anymore unless it's wrapped up in a religious format and under THEIR LOGIC.  Just look at the many big childish movies that have been made in the us for "family" this and family that.  They have made a 21'st century version of bread and circuses for the american plebs.  As long as I'm getting my govt. check or food stamps or whatever I'm satisfied.  And doing this they have made a country of bullies and cowards who will bully anything that looks beneath them but will allow themselves to be robbed blind by banks and businesses and their local govt. and leaders because of this one thing. 

When you are for yourself your by yourself.  And a bully or child or coward can't feel by themselves because it scares them.  Iceland did what they did because they people where at the end of their rope.  They essentially had nothing and where taken for a ride.  It may happen in the US, but we where brought up to be intolerant and childish and ignorant of things.  So we may lose everything, but some idiot will think he's helping by blaming THOSE PEOPLE.  In the end we will end up as a fascists thirdworld country.

Fri, 01/14/2011 - 16:05 | 877115 Thomas
Thomas's picture

Death by Bongo (bitchez, of course)

Fri, 01/14/2011 - 17:14 | 877411 Ras Bongo
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Chop dem raas!

Fri, 01/14/2011 - 16:08 | 877123 wiskeyrunner
wiskeyrunner's picture

I see the idiots are still posting doom and gloom, you should all be rich by now had you not listened to these cracks.

Fri, 01/14/2011 - 16:11 | 877139 Internet Tough Guy
Internet Tough Guy's picture

The perma-shill niche on this blog is already crowded with Harry and Robo in the lead.

Fri, 01/14/2011 - 17:02 | 877363 cougar_w
cougar_w's picture

Robo is slacking, tho. When was the last time we had massive boobies? Yeah I don't remember either so it's been at least 36 hours. We need new blood around here. The old shills are simply not pulling their weight.

Fri, 01/14/2011 - 17:15 | 877415 Logans_Run
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Yeah but this guy can't even spell correctly one of my favorite topics, Whiskey

Fri, 01/14/2011 - 18:02 | 877561 cougar_w
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Sure. But you get enough whiskey down yer neck and it becomes w'iskey doesn't matter who you are.

Fri, 01/14/2011 - 17:14 | 877410 What a mess_man
What a mess_man's picture

With 'onlymyopinion' coming up strong...

Fri, 01/14/2011 - 17:47 | 877510 downrodeo
downrodeo's picture

We can't all be rich, jackass. It is not the case that everyone in the market can make net gains all the time. 

Fri, 01/14/2011 - 18:13 | 877601 DocLogo
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Johnny Bravo?

Fri, 01/14/2011 - 16:08 | 877125 EscapeKey
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After the CEO of failed bank Kaputhing was arrested back in May, 

LOL, very good.

Fri, 01/14/2011 - 16:09 | 877127 bania
bania's picture

Perp walks to the top of of the volcano!

Fri, 01/14/2011 - 16:10 | 877130 Arius
Arius's picture

its a small country 300.000 people nowhere to cannot just turn the life of people upside down and go on as usual...thats my take

Fri, 01/14/2011 - 16:10 | 877131 cougar_w
cougar_w's picture

Fine, but did he threaten to motherfucking kill the motherfucking police for fucking with him when he's a banker you motherfucking fucks? Bring you helmet midget fuckers cuz it is now so fucking on.

Fri, 01/14/2011 - 16:14 | 877150 Ragnarok
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Fri, 01/14/2011 - 16:19 | 877170 hbjork1
hbjork1's picture


What has sex got to do with it?

And what is "on".

I am not smart enough to figure out what you are saying.

Fri, 01/14/2011 - 16:24 | 877198 cougar_w
cougar_w's picture

At least spell my name correctly. Droll innuendo looses a lot of it's punch when you don't pay attention to details.

Fri, 01/14/2011 - 17:17 | 877421 Logans_Run
Logans_Run's picture

Like, looses? Sorry Cougar! Otherwise quite good posting.

Fri, 01/14/2011 - 18:03 | 877568 cougar_w
cougar_w's picture

Not enough w'iskey is my biggest problem.

Fri, 01/14/2011 - 18:48 | 877708 DaveyJones
DaveyJones's picture

what's a little whiskey on the whiskers

Fri, 01/14/2011 - 16:11 | 877137 philgramm
philgramm's picture

Iceland arrests a fraudster banker.  We in the USA arrest a guy who calls someone at the CFTC a "fucking midget."  This shit can't get more bizarro.

Fri, 01/14/2011 - 16:15 | 877148 cougar_w
cougar_w's picture

See here in the USA we have laws against defamation based on stature, sexual orientation, race, and all that.

But fraud, not so much. You can do all the fraud you want. Just don't ever do fraud and then call anyone a midget. Even if they are. You'll get 10 to 20 in the stony lonesome for that shit, right now.

Fri, 01/14/2011 - 16:21 | 877175 Bastiat
Bastiat's picture

Actually it's still legal to call somebody a "fucking midget" but you should stop short of threatening to kill him.  I'm not sure if it's a "hate crime" to call somebody "a fucking midget" if they are, in fact, vertically challenged.  ;-)

Fri, 01/14/2011 - 17:21 | 877431 Logans_Run
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I call mine a "fucking midget" every morning when I stand before the mirror naked.

Fri, 01/14/2011 - 16:10 | 877138 bob_dabolina
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If Jamie Dimon or Lloyd Blankfien get arrested there will be riots in the streets and the US may need to institute Marshal Law.

Fri, 01/14/2011 - 16:13 | 877146 Cleanclog
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Not riots.  Joyous celebrations!

Fri, 01/14/2011 - 16:20 | 877153 bob_dabolina
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No. Food will become unavailable, there will looting, grandmothers will be shot, dead babies, dead dolphins, puppies slaughtered for their warm fur, 100% unemployment. The world would end.

BTW how many bankers have been arrested to date for the fraud that led to the financial crisis? Oh...there must have been no fraud, my bad.

Fri, 01/14/2011 - 16:21 | 877176 malikai
malikai's picture

Ok. I was all for arresting those crooks until you mentioned dead dolphins and puppies. Now I'm having second thoughts. Maybe they aren't such bad guys after all.

Fri, 01/14/2011 - 16:36 | 877199 bob_dabolina
bob_dabolina's picture

....koala bears would go extinct, the antarctic iceshelf would collapse (polar bears would drown), and congress would need to be aroused at 10:00pm to be alerted to these events happening if Jamie and Lloyd don't get what they want.

BTW didn't the number2 at JPM just get a top spot on the Obama administration?

Fri, 01/14/2011 - 19:21 | 877788 Calmyourself
Calmyourself's picture

No polar bears in Antarctica, lotsa penguins, no bears..

Fri, 01/14/2011 - 19:31 | 877818 bob_dabolina
bob_dabolina's picture

...penguins will die in droves, lotsa cute penguins dead.

Fri, 01/14/2011 - 16:24 | 877191 Cleanclog
Cleanclog's picture

Yep.  They won't be arrested in the US, cuz here, they do "God's work".  America cloaked in religion.

That God, he's a busy one.  He wins a lot of football games too, according to many of the players. I wonder how he picks which players he'll grace with his powers and why he hates the other team?

Fri, 01/14/2011 - 16:35 | 877248 I am a Man I am...
I am a Man I am Forty's picture

no shit, he helped auburn win a national championship, cam newton was praying all the time...that shit works (sarc)

Fri, 01/14/2011 - 16:40 | 877264 shortus cynicus
shortus cynicus's picture

First of all, the Good would step down to rescue its servants.

Actually, a witch-test should be made: let put them on electric chair and if they will not be rescued, so all this talks about Good's work was a scam.


Fri, 01/14/2011 - 22:15 | 878135 Problem Is
Problem Is's picture

If it wasn't for fixed market crony capitalism and fraud as a business model...

Jamie & Lloyd would be Amerika's Shoe Shine Boys...

Fri, 01/14/2011 - 16:11 | 877140 Pullmyfinger
Pullmyfinger's picture

Pray for monetary Armageddon, Apocalypse and a financial comet strike on New York. Sanity and an informed citizenry are just too much to hope for in the USSA.

Fri, 01/14/2011 - 16:13 | 877144 Dr. Richard Head
Dr. Richard Head's picture

I guess Iceland freezing over is what is required for bankers pay for their fraud.  May the bankster rot in hell.

Fri, 01/14/2011 - 16:14 | 877147 The Rogue Trader
The Rogue Trader's picture

Iceland...I am a fan!

Fri, 01/14/2011 - 16:20 | 877163 cougar_w
cougar_w's picture

It's a great place, not even very much ice. However I understand that if you want to talk to a banker in Iceland you have to wait until the once-a-month viewing days at the local penitentiary. It's really hurt business there.

Fri, 01/14/2011 - 16:25 | 877202 Cheesy Bastard
Cheesy Bastard's picture

Yeah, why is all the ice in Greenland, and all the green land in Iceland?

Fri, 01/14/2011 - 17:04 | 877347 cougar_w
cougar_w's picture

Leif Erikson redirecting would-be colonists to green (actually, icy) Greenland was one of the first (and perhaps still greatest) real estate frauds in the Western world.

Iceland (actually green and with little ice) never got over it. Never. You do fraud in Iceland now and they kick you in the balls. And if your name happens to be Erikson they kick you in the balls twice.

Fri, 01/14/2011 - 17:10 | 877389 Cheesy Bastard
Cheesy Bastard's picture

And if your name happens to be Erikson they kick you in the balls twice

Correct.  Then you would go on to found Blueland.  Bring some ice.

Fri, 01/14/2011 - 18:08 | 877582 cougar_w
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And it's outta the park, folks!

Fri, 01/14/2011 - 16:16 | 877155 alien-IQ
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if only their food were not so frightening and their language so impenetrable...I would seriously consider moving there.

Fri, 01/14/2011 - 16:18 | 877161 Pullmyfinger
Pullmyfinger's picture

Sorry, but you don't have the proper genetic code.

Fri, 01/14/2011 - 16:23 | 877187 atomicwasted
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Their favorite foods are hot dogs and pizza.  I kid you not.  Americans would fit right in.  As for bizarre foods, the only place I ever saw that rotten shark meat called "hakarl" that is supposed to be a local delicacy was at the bazaar next to where the cruise ships come in.

I went to see a movie in Reykjavik a few years ago and they love to crank the volume painfully loud, and make their own intermission halfway through.  The movie just stops and people go out to the lobby for hot dogs, then they turn it back on after 15 minutes or so.  I could get to like that after I got used to it.

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