2009 - Economics

DescriptionThe directors, executives, and auditors of four Icelandic banks — Kaupthing Bank, Landsbanki, Glitnir Bank, and Central Bank of Iceland — for demonstrating that tiny banks can be rapidly transformed into huge banks, and vice versa — and for demonstrating that similar things can be done to an entire national economy.
ReferenceReport of the Special Investigation Commission, issued April 12, 2010.
WinnersCentral Bank of Iceland
WinnersGlitnir Bank
WinnersKaupthing Bank