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Former Icelandic PM goes to trial over his handling of the 2008 crisis

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whaleofyournightmare Decemberist from contemplation Since: Jul, 2011
Decemberist
#1: Sep 6th 2011 at 5:53:15 AM

Former Icelandic PM, Geir Haarde has been attending a special court on charges of failures of ministerial responsibility. Mr Haarde has said that he wants the charges thrown out and called it a "farce". The maximum sentence for this "crime" is two.

The collapse of the Icelandic banking system, while he was Prime Minster, strained relations between Iceland and both the UK and the Netherlands.

In effect, this man is being charged for supposely allowing or failing to stop the Icelandic banking crisis and the case is being heard in something called the Landsdomur court. This court is a special court in which cabient minsters can be tried.

Dutch Lesbian
Talby Since: Jun, 2009
#2: Sep 6th 2011 at 6:25:18 AM

A politician being held responsible for their poor leadership and bad decisions? Have we recieved a news broadcast from an alternate dimension where everything is backwards?

Deboss I see the Awesomeness. from Awesomeville Texas Since: Aug, 2009
I see the Awesomeness.
#3: Sep 6th 2011 at 6:39:19 AM

Well, the question is: is she actually responsible?

Fight smart, not fair.
TotemicHero No longer a forum herald from the next level Since: Dec, 2009
No longer a forum herald
#4: Sep 6th 2011 at 6:59:33 AM

Well, the question is: is she actually responsible?

I'm trying to decide if this is a sarcastic jibe at the man, or if Deboss really wasn't paying attention to the details.

edited 6th Sep '11 7:00:58 AM by TotemicHero

Expergiscēre cras, medior quam hodie. (Awaken tomorrow, better than today.)
Shichibukai Permanently Banned from Banland Since: Oct, 2011
Permanently Banned
#5: Sep 6th 2011 at 7:39:09 AM

Is it ministerial responsibility to prop up businesses which were responsible for their own decline?

The bankers are responsible first and foremost for ensuring that their institutions are able to pay their debts and that they do not expose themselves to dangerous levels of risk. That does not acquit politicians of responsibility, especially with regards to central bank policy. But banksters and speculators have gotten off too lightly amidst financial chaos.

edited 6th Sep '11 7:44:05 AM by Shichibukai

Requiem ~ September 2010 - October 2011 [Banned 4 Life]
Anthony_H Since: Jan, 2001
#6: Sep 6th 2011 at 8:22:56 AM

One reason more to NOT get into politics evil grin

Fighteer Lost in Space from The Time Vortex (Time Abyss) Relationship Status: TV Tropes ruined my love life
whaleofyournightmare Decemberist from contemplation Since: Jul, 2011
Decemberist
#8: Sep 6th 2011 at 9:05:23 AM

A politician being held responsible for their poor leadership and bad decisions? Have we recieved a news broadcast from an alternate dimension where everything is backwards?

No, just Iceland, although, it might in an alternate dimension.

Idiocy. Banks ruin things and we blame politicians?

Well, public opinion is mixed on the issue. Lots of people think the trial is scapegoating the former PM.

Dutch Lesbian
USAF713 I changed accounts. from the United States Since: Sep, 2010
I changed accounts.
#9: Sep 6th 2011 at 1:44:56 PM

...unless there was malicious intent, charging a politician with something like this is idiotic. It's not as if a single politician actually has complete control over the economy, unless they went from socialist to full-blown Soviet communist while I wasn't looking...

I am now known as Flyboy.
Deboss I see the Awesomeness. from Awesomeville Texas Since: Aug, 2009
I see the Awesomeness.
#11: Sep 6th 2011 at 9:29:17 PM

I wasn't really paying much attention. I only got "holding office during a disaster".

Fight smart, not fair.
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