Iceland's special prosecutor into the banking crisis has confirmed that raids have taken place today and that arrests have been made. The Central Bank of Iceland is among the institutions under investigation.
Hoh hoh hoh......
Now we're talking. Investigations into the banking crisis, and they're actually going to lock up some banksters?
Now that's progress.
Speaking of progress, has anyone paid attention to the labor force participation rate in Iceland lately, or the change in unemployment, or the change in imports and exports?
I wouldn't say their economy is "booming", but it sure looks pretty good compared to a lot of others, having told the banksters who wrote a bunch of bogus paper they couldn't cover to go stuff it instead of bailing them out!