Rogan asked"who is behind all of this?" I did not give opinions or make claims, I referred him to this book by Dr. Peter and Ginger Breggin which lays out the field of stakeholders and their connections and how it was put together. Not my opinion but in published nonfiction. pic.twitter.com/PYh9mQ202r
— Peter A. McCullough, MD, MPH® (@P_McCulloughMD) February 3, 2022
Is Negligence a Subjective Evaluation?
“The accused is in this matter convicted for having with gross negligence failed to hold cabinet meetings on important administrative matters as prescribed in Article 17 of the Constitution, although he must have been clear of the danger, which loomed over the banking system and thus to state security, as specified above, with the consequence that those issues were not discussed at cabinet level”
“The conduct of the accused to fail to comply to the instructions of Article 17. in the Constitution to hold cabinet meetings on crucial policy issues, described above, was not only a breach of form, but it contributed to, that, on ministerial level no political strategy was adopted to deal with the complex problems that the accused had to be aware of in February, 2008. If such a policy had been formulated, and it followed in an orderly manner, including the Central Bank and Financial Supervisory Authority, it can be argued that it was feasible to reduce the damage left by the fall of the banks in October 2008. Furthermore, it is likely that the government had then been better prepared to evaluate the request from Glitnir bank for financial suport at the end of September 2008 such as to enable resolution to the problems of that bank in a more judicious manner than was the case. ”
“Accused, Geir Hilmar Haarde, is not rendered punishment in this case.”
National Court Judgment (IS – pdf)
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The benefits from disconnecting the government (Win-win). In early 2008 insiders had ample opportunity to run with their money. No formal input was from other ministers (finance, banking etc), – thus other ministers “escaped” responsibility.
There is still no word on the reserve that went missing.
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The Billion Dollar Gram (figures can be hard, 140 Northern Rock’s ?)
With Liberty and Justice for Some: How the Law Is Used to Destroy Equality and Protect the Powerful
Much needed:
Full Fact
FactCheck.org
Straight Statistics
d.1
Geir Hilmar Haarde Prime Minister (15 June 2006 – 1 February 2009)
The witness list:
d.2
Björgvin G. Sigurðsson, Ex Minister of Business Affairs
Arnór Sighvatsson, Deputy Governor of the Central Bank
Davíð Oddsson, Ex Governor of the Central Bank
d.3
Ingimundur Friðriksson, Ex Governor of the Central Bank
Baldur Guðlaugsson, Ex Permanent Secretary, Ministry of Finance*
Bolli Þór Bollason, Ex Permanent Secretary, Prime Minister’s Office
Áslaug Árnadóttir, Ex Permanent Secretary, Ministry of Business Affairs
Jón Sigurðsson, Ex Board of Directors, Financial Supervisory Authority (FME)
Jón Þ. Sigurgeirsson, Director of International Department, Central Bank
d.4
Jón Þór Sturluson, Ex Assistant to the Minister of Business Affairs
Jónas Fr. Jónsson, Ex CEO of the Financial Supervisory Authority (FME)
Hreiðar Már Sigurðsson, Ex CEO of Kaupthing Bank
Guðjón Rúnarsson, Managing Director Icelandic Financial Services Association
Rúnar Guðmundsson, Head of Insurance Market FME
Þorsteinn Már Baldvinsson, Ex Chairman of the Board of Glitnir Bank
Jónína S. Lárusdóttir, Ex Permanent Secretary, Ministry of Business Affairs
d.5
Sigurdur Sturla Pálsson, Director of the International and Market Operations Department of the Central Bank
Tryggvi Þór Herbertsson, Ex Economic Advisor to the Prime Minister (and coauthor with Mishkin)
Sigurdur Sturla Pálsson, Director of the International and Market Operations Department of the Central Bank
Tryggvi Þór Herbertsson Ex Economic Advisor to the Prime Minister (and coauthor with Mishkin)
Vilhelm Már Þorsteinsson, Ex Head of Corporate Banking Glitnir Bank
Heimir Haraldsson, Resolution Committee of Glitnir Bank
Jóhannes Rúnar Jóhannsson, Resolution Committee of Kaupþing Bank.
Jón Guðni Ómarsson, Ex Chief Financial Officer Glitnir Bank
Kristján Óskarsson, Resolution Committee of Glitnir Bank
Lárentsínus Kristjánsson, Resolution Committee of Landsbanki Bank
Vignir Rafn Gíslason, Certified Accountant Price Waterhouse Coopers
Kristján Andri Stefánsson, Ex head of department, Prime Minister’s Office
Sylvía Kristín Ólafsdóttir, Ex head of contingency planning, Central Bank
Ossur Skarphedinsson, Ex Minister of Industry
Johanna Sigurdardottir, Ex Minister of Social Affairs
d.6
Ingibjörg Sólrún Gísladóttir, Ex Minister of Foreign Affairs
Sigurður Einarsson, Ex Chairman of the board, Kaupthing Bank
Lárus Welding, Ex CEO Glitnir Bank
Stefán Svavarsson, Chief accountant Central Bank (CBI) and member of the board, Financial Supervisory Authority (FME)
Halldór J. Kristánsson, Ex CEO Landsbanki Bank
Sigurjón Þ. Árnason, Ex CEO Landsbanki Bank
Björgólfur Guðmundsson,. Ex chairman of the board, Landsbanki Bank
d.7
Tryggvi Palsson, Ex head of financial stability, Central Bank (CBI)
Jon Thorsteinn Oddleifsson, Ex head of treasury, Landsbanki Bank
Steingrimur Sigfusson, member of Althing
Arni M Mathiesen, Ex Minister of Finance
Geir Hilmar Haarde Ex Prime Minister
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The Special Investigation Commission members and the related Parliamentary Committee members were struck from the witness list at a days notice?
* The Ex Permanent Secretary in the Ministry of Finance has now started his 2 year jail sentence for insider trading and misconduct in public office.
It will be interesting to see if the court comes to the same conclution as did The Financial Crisis Inquiry Commission in the US — that this crisis was avoidable — the result of human actions, inactions, and misjudgments. Warnings were ignored. “The greatest tragedy would be to accept the refrain that no one could have seen this coming and thus nothing could have been done. If we accept this notion, it will happen again.”
d.1, a pitiful picture is emerging of a Commanding Officer lacking in leadership, initiative, command, and imagination. As an Office Manager he is fine, – as a Commander he is everything but.
d.2, state officials are in unison that they lost control to a Hydra-Headed Monster no human could be expected to contest. Not that they didn’t try.
d.3, nothing could be done after 2005 – 3 whole years of did not, could not. Learned helplessness is a technical term which comes to mind.
(From the Blogosphere – Whats similar between the National Theater and the Culture House? Sure – They’ve both been showing Les Misérables)
d.4, entirely absent in this amiable family gathering are penetrating questions, such as what happened to the entire foreign-exchange reserve in the minutes before the crash?
d.5, silent lambs, pack of wolves, and the Court clerk a sleep.
d.6, did everything right, nothing wrong. Conflicting testimony? Guardians of special-, banking-, and/or public interest? – Take your pick.
d.7, the grand finale, – shit happens – multiplied by 140 Northern Rock’s. In the Culture House the twin masks of the National Theater were replaced by The Mask of Sanity.
d.8, State prosecutor: Numerous warning signs and a mounting threat to the state, but did everything at the precedence of the banks.
d.9, Defense: All points in the prosecution evidence are deficient. The responsibility was with the Central bank.
What causes suspension of judgment on a mass scale? Religious myths? Economic cults?
It is unproven, that the priesthood of this particular sect did anything but appease their god. Most of them are still true believers. They have not found that their view of the world, their beloved ideology, was not right. That it was and is not working. Now they are eager to repeat it – only better, truer – convinced of a better outcome.
In their weakness our best and the brightest committed an heinous crime, they reminded us of who, what, and how we are, of our own perpetual escape from freedom.
I did not know, I could not do, it’s their fault
????This Time Is Different: Eight Centuries of Financial Folly
ICB’s Recommendations
Transparent governance is a joke.
Debt depreciation is shrouded in bank secrecy.
Parliamentarians are about to stop impeachment proceedings against them self’s*
Parliament is unable to debate the new constitution.
The Indians eagerly await to sell Manhattan.
The “factory” Social Democrats want more aluminum smelters.
The banks drag their feet after a clear Supreme Court ruling.
Discrediting financial regulator(s) is legion.
.The Echo chamber: it’s not the Crime, – it’s the Crime buster, – or is it one and the other?
We are still in the grips of a small clique of insiders.
The failed state of Iceland
Iceland’s campaigning regulator faces dismissal
* Pity the poor prophet – Voting Records
Is parliament about to top its previous and incredible achievement.
Will the majority, vote to stop the investigation of the national bankruptcy of Iceland, by interfering in the proceedings of the impeachment court, – with the removal of the special prosecutors office to follow?
It is said that parliamentarians connected to the murky waters of the previous administration have been blackmailed and threatened with exposure.
It is also said that, members of parliament who through the years have advocated transparent governance and claimed to be champions for the “public interest”, are about to reveal their true nature.
Language, it’s use and it’s control, is said to reflect the reality of a nation. There are no words in Icelandic for competence and accountability.
Sample contributions from the fallen banks: (Voting Record: r = +1.0)
| Þorgerður Katrín Gunnarsdóttir * | Kaupþing 1.500.000 Landsbanki 1.500.000 = 3.000.000. |
| Guðlaugur Þór Þórðarson * | Kaupþing 1.000.000 Landsbanki 1.500.000 = 2.500.000. |
| Kristján Möller * | Kaupþing 1.000.000 Landsbanki 500.000 = 1.500.000. |
| Össur Skarphéðinsson * | Landsbanki 1.500.000 = 1.500.000. |
| Ásta Ragnheiður Jóhannesdóttir | Kaupþing 250.000 Landsbanki 300.000 = 550.000. |
| Ragnheiður Elín Árnadóttir | Kaupþing 250.000 Landsbanki 300.000 = 550.000. |
| Árni Páll Árnason | Landsbanki 300.000 = 300.000. |
* On the witness list (govt minister)
The SIC Report (8.11.2) stopped at overall debt position of more than 100 million, so these figures (p. 165 – 167) are peanuts, what’s interesting is the correlation.
Shields-up for the Political Class (28 Sept.2010)
Representatives and why we care
Conversations with History: Glenn Greenwald
How the Law Is Used to Destroy Equality and Protect the Powerful
The Quiet Coup
Insestious relationship
The Many Faces of Corruption
Power Elites & Corruption
Pandora’s box
Voting Record (1) (29/31)
Money in Politics Handbook
The Business of Perception Management
Politics and the English Language
Framing: Values before Issues. & Twelve Traps to Avoid.
Game theory (Political science)
Are you sure you want to move these 63 items to the Recycle Bin?
If Stieg Larsson had given Lisbeth Salander this picture and the name “Eimreiðarhópurinn” (The Locomotive Group) the result would have matched or surpassed the Millennium trilogy. However the closest we have come to Mikael Blomkvist (so far) is Johann Hauksson and his Threads Of Power: Nepotism, abused positions and Iceland’s collapse.
In his book, Johann looks at the web of power and corruption, the far reaching and disastrous outcome, and the habitual inability to face this daemon, – thus it continues*.
In a “micro” nation, where close-up and personal has profound consequences socially, politically, and economicall, – his courage is commendable.
* Petit échantillon: Large part of the electorate take pleasure in electing convicted villain/parliamentarian, conveniently pardoned by the Prime Minister, the President of Parliament and the President of the Supreme Court. And now parliament is in a frenzy to withdraw its narrow margin referral of the former Prime Minister to the Court of Impeachment, thus saving him from the clutches of his close friends. – It fills my heart with pride.
Transparency Is The Answer
The Declaration of Paris: A Call for Action Against Large Scale Corruption
GRECO
The Gift (When discredited economics are of dubious use, sociology and anthropology must suffice)
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Rationality and Power: Democracy in Practice
Shadow Elite: How the World’s New Power Brokers Undermine Democracy, Government, and the Free Market
Ship of Fools: How Stupidity and Corruption Killed the Celtic Tiger
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Den nya överklassen. En bok om Sveriges nya ekonomiska elit
Public-private partnership (PPP)
Power: A Radical View
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Justice under seege
* Power Elites & Corruption
The Best Way to Rob a Bank Is to Own One
Excerpts from the report of the Special Investigation Commission (SIC)
