Comments on: Bill Clinton could lead Iceland

By: C. Alexander Brown

C. Alexander Brown — Thu, 17 Dec 2009 15:59:16 +0000

This discussion has descended into farce. Folks, please push the reset button and start all over again. This is a serious matter.

Proverb: “Life is what happens to you while you’re planning and talking about what to do.”

By: Jimbo (original Jim)

Jimbo (original Jim) — Mon, 07 Dec 2009 11:25:45 +0000

Peter – I think you’re mistaken. My understanding is that Iceland withdrew from arbitration and, following that, a default judgement was recorded (which Iceland obviously didn’t agree with). However, if you can provide a link to a reference that demonstrates otherwise, please do…

By: Peter - London

Peter - London — Mon, 07 Dec 2009 10:33:31 +0000

Jimbo (original Jim) said:

“I agree that binding mediation is the best route for resolving the Icesave dispute. However, Iceland withdrew from the formal mediation process. What would be different for this proposed second attempt?”

Iceland didn’t withdraw, it simply refused to accept the legally binding and FINAL decision that was given. Iceland agreed to accept the decision when it started the mediation and it has accepted to judgement to pay back the Icesave depositors – Icelandic politicians are simply lying to their electorate about it.

By: Axel

Axel — Sun, 06 Dec 2009 23:08:08 +0000

“Dorrit Moussaieff for president of Iceland!”

How about a slightly worn Indian princess ?
http://www.goa-world.com/goa/leoncie/
surely not worse.

By: Runestone

Runestone — Sun, 06 Dec 2009 19:44:17 +0000

No come on – play fair, Kjoll!

I am no lover of the Icelandic bankers or government, but not wanting to accept the Icesave deal as it stands is hardly “weasel tactics”.

It is an unprecedented situation that would require all revenue from 70,000 tax payers just to cover the interest.

By: Balkanson

Balkanson — Sun, 06 Dec 2009 16:33:35 +0000

Dorrit Moussaieff for president of Iceland!

By: CTHILLARY's Minion

CTHILLARY's Minion — Sun, 06 Dec 2009 15:06:49 +0000

Career Suicide? Nah.

Sounds like you need a Shameless Retail Politico.
Who else tops the list. Any people who puts their
faith in Bill Clinton gets precisely what they deserve. This is evolution in action!

By: Jimbo (original Jim)

Jimbo (original Jim) — Sun, 06 Dec 2009 15:03:22 +0000

I agree that binding mediation is the best route for resolving the Icesave dispute. However, Iceland withdrew from the formal mediation process. What would be different for this proposed second attempt?

And it’s unclear in this article whether the intention is for Bill Clinton to represent Iceland’s interests or be an impartial mediator. Is his mediation role to be transformative, facilitative, or evaluative? Anyway, he’d definitely need to purchase some additional liability insurance!

By: Alexander E.

Alexander E. — Sun, 06 Dec 2009 14:32:41 +0000

Bill?
Clinton?
Bill didn’t achieve anything (except some fame among women).
But what about inviting Tony Blair then? He is free now :))))
Hreinn Loftsson must be kidding…or raving.

By: Kjoll

Kjoll — Sun, 06 Dec 2009 10:32:35 +0000

Only an international statesman wishing to commit career suicide would want to publicly support Iceland’s weasel tactics. Those might be in short supply.

Iceland’s brief uber-wealth and success were funded by the savings of British and Dutch depositors. The Icelandic nation wined and dined itself to excess on the credit and loans they took from their own banks, bankrolled by British and Dutch tax payers. Sadly as Icelanders nurse their hangovers, British and Dutch tax payers (“people”) are left to pick up the tab for Iceland’s morning after.

The really shameful thing is that Iceland is absolutely cementing its international reputation as a bunch of untrustworthy pirates who can’t be relied upon to live up to agreements they have signed, let alone their moral obligations. That is the real legacy which this generation of Icelanders is leaving behind for their children: the stigma of an international business community that will shun Icelandic business for years to come.