Wednesday, June 13, 2012

Iceland puts people first, forces bank default, forgives mortgage debt, prosecutes fraud

Iceland forgives mortgage debt to save its economy | TruthTheory: "Iceland banks have forgiven loans equaling 13 percent of the country’s annual gross domestic product, which has eased the debt burden for more than 25 percent of Iceland’s population, according to a February report published by theIcelandic Financial Services Association."

'via Blog this'