Iceland Has Hired An Ex-Cop To Hunt Down The Bankers That Wrecked Its Economy

[Cebu_4_2]

Iceland Has Hired An Ex-Cop To Hunt Down The Bankers That Wrecked Its Economy Rob Wile (http://www.businessinsider.com/author/rob-wile) | Jul. 12, 2012, 2:07 PM | 5,852 | 15 (http://www.businessinsider.com/iceland-has-hired-an-ex-cop-bounty-hunter-to-go-after-the-bankers-that-wrecked-its-economy-2012-7#comments)

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Adam Taylor / Business Insider

If you were involved in Icelandic high finance in the runup to the recession, you might want to start watching your back. That's because the government has appointed a white collar crime bounty hunter who wants to haul your behind in (alive, to be sure).
LeMonde reporter Charlotte Chabas has a profile of (http://abonnes.lemonde.fr/europe/article/2012/07/11/l-islande-traque-ses-neo-vikings-de-la-finance-responsables-de-la-crise_1728783_3214.html?xtmc=islande&xtcr=2#reactions)Ólafur Þór Hauksson (http://abonnes.lemonde.fr/europe/article/2012/07/11/l-islande-traque-ses-neo-vikings-de-la-finance-responsables-de-la-crise_1728783_3214.html?xtmc=islande&xtcr=2#reactions), a former local police lieutenant whom the Iceland government appointed to track down individuals likely to have helped sink the country's banking sector during the credit crunch.
Hauksson's job description, according to PressEurop's translation of the piece (http://www.presseurop.eu/en/content/article/2339301-how-iceland-stalks-its-banksters?xtor=RSS-9):
"On one hand, we have to investigate all suspicion of fraud and offences committed before 2009, on the other hand, we bring the lawsuits against the suspects to court ourselves," Hauksson explains. This is a 'totally new' method which allows the investigators to "follow the case" and the judicial system to "know the cases like the back of their hand". This is indispensable in order "to compete with the well-prepared defence attorneys".
Hauksson oversees a posse of 100 researchers to help track down outlaws. He's netted some major convictions since starting in 2009, including the former chief of staff of the country's finance minister on insider trading charges. Many others await their day in court, Chabas writes.
And he will track you down even if you've fled abroad.
"Searches continue and the team pursues its investigations abroad in the foreign subsidiaries of the Icelandic banks and includes questioning foreigners," Chabas writes. " 'We enjoy full international cooperation,' stresses Olafur Hauksson."
Here's 16 Reasons To Move To Iceland Right Now > (http://www.businessinsider.com/iceland-economy-life-move-2012-4)

[General of Darkness]

I wonder what their gun laws are like?

[Shami-Amourae]

It's like one of the Whitest countries too.

On the downside they are responsible for one of the greatest abominations ever: LazyTown.
http://lazytownshow.com/wp-content/uploads/wallpapers/Lazy-Town-Nick-Jr-Wallpaper.jpg

[Bigjon]

A friend of mine was stationed there in the 60's. He said that the Icelanders wouldn't allow any non-whites at Keflavik. He also said that Iceland had the prettiest women who were very willing, but it was also off limits for U.S. Naval Airmen. None-the-less he said he did manage to make out with the ladies there, but it was difficult because the local cops would arrest them and turn them in to the shore patrol.

[hoarder]

A friend of mine was stationed there in the 60's. He said that the Icelanders wouldn't allow any non-whites at Keflavik. He also said that Iceland had the prettiest women who were very willing, but it was also off limits for U.S. Naval Airmen. None-the-less he said he did manage to make out with the ladies there, but it was difficult because the local cops would arrest them and turn them in to the shore patrol.Considering how much the US has changed since the sixties, I doubt it's anything even close to being like that today.


Imagine being hired by Iceland to hunt down banksters....you could name your price and the banksters would pay you to fail.

[Horn]

Iceland is still the surviving example for what Europe should be doing currently.

Why they continue to haggle about in desperation, I'll never know.

[Cebu_4_2]

I wonder what their gun laws are like?

Don't need guns just a fire extinguisher that pumps water, mighty cold up there.

[Golden]

Iceland is still the surviving example for what Europe should be doing currently.

Why they continue to haggle about in desperation, I'll never know.

"Iceland for Precedent 2012" :D

"Hanging on in quiet desperation is the English way
the time is gone, the song is over, thought I'd something more to say."

[mick silver]

just who here thinks he's going to find anything are any body to take to court are sue . theres no way this will end good for the guys looking behind the close door