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Investigation

In: Bringing Down the Banking System

Author

Listed:
  • Gudrun Johnsen

Abstract

On December 12, 2008, with constantly beating drums and blazing fires outside, the Icelandic parliament (Althingi), beset by the angry Icelandic public, passed legal act number 142/2008 installing the Special Investigation Commission (SIC). The parliament granted the Commission exceptional investigative powers in order to appease the demonstrators and to meet the public’s demand for answers as to why their three largest banks, Glitnir, Landsbanki, and Kaupthing, had collapsed.

Suggested Citation

  • Gudrun Johnsen, 2014. "Investigation," Palgrave Macmillan Books, in: Bringing Down the Banking System, chapter 0, pages 47-56, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-34735-0_4
    DOI: 10.1057/9781137347350_4
    as

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