Iceland’s “grossly negligent” central bankers caused collapse: report


The three members of the Central Bank of Iceland's governing board were among seven senior figures responsible for the 2008 crisis which crippled the country's economy, according to a report released on Monday.

The report, only one chapter of which is now available in English, pins the collapse of the banks squarely on the seven, among whom David Oddsson, then-chairman of the Central Bank of Iceland's board of governors, and Ingimundur Fridriksson and Eirikur Gudnason, the board's two other memb