TWO former CEO´s at an Icelandic bank which collapsed in the 2008 financial meltdown were sentenced to jail on Friday.
The former bankers are , Larus Welding, and former head of corporate finance at Glitnir Bank, Gudmundur Hjaltason, each to nine months in jail.
And six months are suspended for two years .
The sentence was less than the jail terms of at least five years demanded by Iceland's special prosecutor.
People in Iceland look on the sentence as a joke , sentencing them for only three months in jail.
how about they make restitution? is the classic Icelandic justice system?
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