Man destroyes his house in Iceland

A man ,who has lost his house to a bank in ICeland ,got angry.
He had built a house in 2003.
He had loans from a bank in ICeland .
It was the foreign kind.
And when the banking crisis started last October,the loans got bigger ,and he could not pay.
He tried to negociate with the bank,but the bank said no.
So this week ,he rented an escovator ,and destroyed the house.
Here is a video of it ,when he destroyed the house.
This is a video on Youtube.