Iceland is known for geothermal beauty, fishing and as the birthplace of Bjork. It also made international headlines in 2008 thanks to a banking crisis that tipped the country into recession and reverberated around Europe. Now, Iceland is back in the headlines after the leak of the so-called Panama Papers unveiled offshore accounts held by Iceland's prime minister and sparked mass protests that eventually unseated him.

While the island nation is one of the few countries that sent bankers to prison after the financial crisis, discontent remains rife among its small population, underscored by the rise of the anti-establishment Pirate Party.

Joining us to discuss all things Icelandic are Edward Robinson and Omar Valdimarsson, authors of Welcome to Iceland, Where Bad Bankers Go to Prison from the latest edition of Bloomberg Markets magazine.

Iceland is known for geothermal beauty, fishing and as the birthplace of Bjork. It also made international headlines in 2008 thanks to a banking crisis that tipped the country into recession and reverberated around Europe. Now, Iceland is back in the headlines after the leak of the so-called Panama Papers unveiled offshore accounts held by Iceland's prime minister and sparked mass protests that eventually unseated him.

While the island nation is one of the few countries that sent bankers to prison after the financial crisis, discontent remains rife among its small population, underscored by the rise of the anti-establishment Pirate Party.

Joining us to discuss all things Icelandic are Edward Robinson and Omar Valdimarsson, authors of Welcome to Iceland, Where Bad Bankers Go to Prison from the latest edition of Bloomberg Markets magazine.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

23: Iceland Jailed Its Bad Bankers But People Are Still Angry

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e31a1f02-fee7-452f-bb29-ae2700608a5e/transcript

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