Say you found out that in the year running up to its worst financial crisis in history, a country’s Central Bank Governor had extremely important information which was critical to the financial survival of the country and its banks, effectively foreseeing the economic disaster.

And then you found out that same Central Bank Governor had not met the Minister of Business Affairs for a whole year leading up to the crash?

Would you take that country seriously?

Would you believe either of those men should be allowed to keep their jobs?

Then welcome to Iceland where the Minister of Business Affairs, Bjorgvin Sigurdsson, has revealed that this is exactly what happened. Shortly after said Central Bank Governor, David Oddson had told the press that he had repeatedly warned the government of the impending crisis?

Who on earth did he talk to? And why did the message not reach the Ministry of Business Affairs?

And why are those two men still in their jobs?


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