Tue 16 Dec 2008
3 Bank in Iceland bankrupt because of Bin Laden?
Posted by arully under Economy , Humor , Politics1 Comment
OK, to prove it I can show you the chronological event:
- First, Al-Qaeda create a terror in UK
- UK government than create anti-terror legislation
- Economic crisis looming
- Using the anti-terror legislation, UK govt seize Iceland Bank’s assets
- Three months on, Iceland’s economy is in freefall.
Check this article from BBC:
“I still don’t understand why Britain had to resort to the use of such legislation, out of proportion with the problem at hand,” says Mr Haarde. “The freezing order is still in effect and has the Icelandic Landsbanki listed along with Al-Qaeda and the Taleban. “That’s unacceptable, and we’ve had no formal explanation as to why it had to be done in this way.”