Thórólfur Matthiasson - 2009
. Within a few days the three
major banks had collapsed, transfer of funds in and out of the country was difficult
or impossible, and … did the crisis hit out of the blue? Were Icelanders victims of
uncontrollable, external events or do they only have themselves to blame? And if
Icelanders are to blame, who is the main culprit and who played second and … altogether with proper governmental actions? Was the crisis due to flawed
business models, faulty banking models, misbehaving businessmen and/or bankers,
inadequate control institutions, poor policies, unscrupulous politicians or …