The former head of the Icelandic bank Landsbanki has been sentenced to a 12-month jail term.Throughout much of 2008 and 2009 we posted the rondo from Mozart's Horn Concerto No. 2 as "Music to Hunt Bankers By" often advising the brethren that outside of a few urban ecosystems, pinstripes make lousy protective coloration:
Sigurjon Arnason was on trial for his role in the collapse of the financial sector in 2008.
Two other of the banks executives received nine month sentences.
The Landsbanki three were accused of manipulating the bank’s share price by lending cash to investors on condition they purchase stocks...MORE