Iceland analysizes its Ig winners

The Government of Iceland commissioned and has now received a massive report about the co-winners of the 2009 Ig Nobel Economics Prize. The official word:

The Special Investigation Commission (SIC) delivered its report to Althingi on April 12 2010. The Commission was established by Act No. 142/2008 by Althingi, the Icelandic Parliament, in December 2008, to investigate and analyse the processes leading to the collapse of the three main banks in Iceland.

The Ig Nobel Prize was awarded in October 2009 to the 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