Don David

The big question these days is how much or little grace will accompany David Oddson’s exit from the Central Bank? 

Johanna Sigurdardottir has sent him and the other governors a letter asking for their resignation, otherwise ways will be found to remove them. The reasoning seems straight-forward, collapse of the economy and complete lack of trust in the Central Bank, in Iceland and abroad. 

It is tricky, David’s government made it into a law that Central Bank governors are hired for seven years. Then he made sure he was hired once he had left the government. 

No wonder his methods are likened to the ones of the mafia.

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