Huffpost WorldPost Iris Erlingsdottir Headshot  With Friends
Like the Brits, Who Needs Enemies?  Posted: Updated:
"...Icelanders are primo, thievish; secundo, liars; tertio,
arrogant; quarto, lice-ridden; quinto, drunkards; sexton,
debauchers; septimo, cowards..."  "The Iceland Bell," by Halldór
Kiljan Laxness  No, it is not the opening paragraph of the
IceSave contracts between Iceland, Great Britain, and the
Netherlands, but it might as well be. Last week, Iceland finally
reached agreements with Great Britain and the Netherlands
regarding the IceSave debacle, under which Iceland will pay
Britain and the Netherlands $5.3 billion over the next 15 years
at 5.5% interest rate, indebting every woman, man, and child in
Iceland to the tune of $16,000.  The single event that has
angered Icelanders the most since Iceland's recent financial
collapse was Great Britain's decision on October 8, 2008, to
invoke its anti-terrorist legislation against Iceland.
Landsbanki, one of Iceland's three large investment banks, ha