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Iceland Leader Vetoes Repayment for Foreigners

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Margaret Bassett

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By LANDON THOMAS Jr. and DAVID JOLLY
Published: January 6, 2010
The decision by Iceland's president to not sign into law a bill to compensate Dutch and British depositors for billions lost in a bank collapse could have important consequences.

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At www.nytimes.com

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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.

Related Topic(s): Banking; Bankruptcy; Britain; Iceland; International Monetary Fund - IMF; Netherlands, Add Tags

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