Two more of the many co-winners of the 2009 Ig Nobel economics prize have achieved special recognition from the Icelandic government: they have been pronounced guilty in legal proceedings. BACKGROUND: The 2009 Ig Nobel Prize for economics was awarded to the directors, executives, and auditors of four Icelandic banks — Kaupthing Bank, Landsbanki, Glitnir Bank, and Central Bank of […]
Tag: banks
Finance Folklore and Fantasy
If you’re interested in the role that folklore might have to play in the world of high finance and banking, may we recommend an article in the journal Folklore, Volume 124, Issue 3, 2013? Where author Robert McDowall, who holds a Law degree (LLB Hons) from University College London, and is based in the UK […]
How Iceland is a very Ig Nobel nation, and why that’s good
Iceland, though a small, physically isolated country, can boast of great Ig Nobelity. Ig Nobel Prizes, of course, are awarded for achievements that make people laugh, then think. Iceland displayed panache in its Ig Nobellian displays of economics, and then government. BANKS. The 2009 Ig Nobel Prize for economics was awarded to the directors, executives, and […]
Twenty-six co-winners of the 2009 Ig Nobel economics prize have been sentenced to prison
Twenty-six co-winners of the 2009 Ig Nobel economics prize have been sentenced to prison, with perhaps more on the way, according to an October 14, 2015 report in Iceland Magazine: In two separate rulings last week, the Supreme Court of Iceland and the Reykjavík District Court sentenced three top managers of Landsbankinn and two top managers […]