What do Sweden, Iceland and now Afghanistan have in common? They put bank executives in jail should there be mismanagement that leads to government assistance or damage to depositors. Sweden and Iceland fire the entire executive suite and jail senior executives in the case of incompetence and/or malfeasance.
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Put A Bank's Entire Executive Suite In Jail
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What do Sweden, Iceland and now Afghanistan have in common? They put bank executives in jail should there be mismanagement that leads to government assistance or damage to depositors. Sweden and Iceland fire the entire executive suite and jail senior executives in the case of incompetence and/or malfeasance.