Documents on Bank Collapse

Reports by Hannes H. Gissurarson

The 2008 Icelandic Bank Collapse: Foreign Factors. Report to the Icelandic Ministry of Finance and Economic Affairs 19 September 2018.

Lessons for Europe from the 2008 Icelandic Bank Collapse. Report for New Direction, Brussels, 2017.

SIC Report (Excerpts in English)

SIC Report English Ch. 2

SIC Report English Ch. 17

SIC Report English Ch. 18

SIC Report English Ch. 21

SIC Report (in Icelandic)

Act 12 December 2008 on the SIC

SIC Report Vol. 1

SIC Report Vol. 2

SIC Report Vol. 3

SIC Report Vol. 4

SIC Report Vol. 5

SIC Report Vol. 6

SIC Report Vol. 7

SIC Report Vol. 8

SIC Report Vol. 9

Responses to the SIC Report (in Icelandic)

From Geir H. Haarde

From Ingibjorg S. Gisladottir

From Arni M. Mathiesen

From Bjorgvin G. Sigurdsson

From David Oddsson

From Ingimundur Fridriksson

From Eirikur Gudnason

From Jonas Fr. Jonsson

From Bjorgolfur Thor Bjorgolfsson

From Olafur R. Grimsson

Transcripts of Conversations and Testimonies

Transcript of Oddsson-Haarde Conversation 6 October 2008

Transcript of Darling-Mathiesen Conversation 7 October 2008

The Impeachment Case Against Geir H. Haarde

Constitution of Iceland 1944

Act on the Court of Impeachment 1963

Act on Ministerial Accountability 1963

Report by Parliamentary Review Committee on the SIC Report

Parlimentary Resolution on the Indictment of Haarde 2010

Judgement of Haarde by Impeachment Court (Icelandic) 2012

Judgement of Haarde by Impeachment Court (English) 2012

Memorandum by Omtzigt for the European Council on the Haarde Case 2012

Resolution by the Parliamentary Assembly of the European Council 2013

European Convention on Human Rights 1950

Judgement on Ninn-Hansen v. Denmark by Strasbourg Court of Human Rights 1999

Press Release on Haarde v. Iceland by Strasbourg Court of Human Rights 2017

Judgement on Haarde v. Iceland by Strasbourg Court of Human Rights 2017

Press Release on Sigfusdottir v. Iceland by Strasbourg Court of Human Rights 2020

Judgement on Sigfusdottir v. Iceland by Strasbourg Court of Human Rights 2020

Press Release on Settlement of Five Cases concerning the Bank Collapse

English Summary of Book on the Impeachment Case by Gissurarson

Online Books available on Bank Collapse

Deep Freeze by Bagus and Howden

Gambling Debt by Palsson, Durrenberger et al.

Foreign Reports on the 2007–9 Financial Crisis and Individual Banks

The Financial Crisis in Denmark (English Summary), Rangvad Commission

Den Finansielle Krise i Danmark (Danish), Rangvad Commission

Banking Crisis: the impact of the failure of the Icelandic banks, House of Commons

Banking Crisis: dealing with the failure of the British banks, House of Commons

The Failure of the Royal Bank of Scotland, FSA

The Financial Crisis Inquiry Report, US Congress

Dissent on Financial Crisis Inquiry Report, by Wallison

Emergency Actions of the Federal Reserve Board, US Congress

The Federal Reserve’s Foreign Exchange Swap Lines, by Fleming and Klagge

Report on the Non-Resident Portfolio at Danske Bank’s Estonian branch

Selected Reports and Documents of Banks and Financial Agencies

Speech by CBI Governor Oddsson 7 November 2007

eQ Bank Annual Report 2007

FIH Bank Annual Report 2007

FIH Bank Annual Report 2008

FIH Bank Annual Report 2010

FIH Bank Annual Report 2011

FIH Bank Annual Report 2012

FIH Bank Annual Report 2013

FIH Bank Annual Report 2014

FIM Financial Statements 2008

FIM Financial Statements 2010

Drobny conference Santa Monica 20–21 April 2006

Drobny conference Reykjavik 12–13 October 2006

Icelandic Krona Danger, Drobny Guest Research, 8 February 2006, by Leitner

Protection of Bank Deposits, Fact Sheet, Finma

FIN-FSA’s Action in Response to Icelandic Banking Crisis, by Vesala

FSA First Supervisory Notice to Heritable Bank / October 2008

Ernst & Young 20th Progress Report for Heritable Bank 10 March 2016

Ernst & Young Progress Report for KSF 7 April 2017

Minutes of FOMC (US) and Nedco and Transaction Committee (UK)

FOMC 27–28 March 2006

FOMC 10 May 2006

FOMC 28–29 June 2006

Court of Directors (BoE) July–December 2008

Transaction Committee (BoE) November 2007–March 2009

Reports on Economic Policy in Iceland 1991–2007

Sale of Shares in Landsbanki 2002, National Audit Office

Privatisation in Iceland 1998–2003, National Audit Office

Privatisation in Iceland 1992–2003, Economic Research Institute at University of Iceland

Economy, Politics and Welfare in Iceland, by Olafsdottir and Olafsson

Reports and Documents on the Icelandic Bank Boom

Icelandic Expansion in the UK (in Icelandic, with Summary in English, 2005), by Davidsdottir

Iceland’s Image: Strengths, Present State and Future Objectives (in Icelandic, 2008), by Gronfeldt et al.

Reports on the Bank Collapse

Report 26 February 2009 by Landsbanki CEOs, Arnason and Kristjansson

Report 30 March 2009 on the bank collapse, by Jännäri

Papers on the Bank Collapse

Iceland as Icarus (2009), by Wade

The Collapse of a Country (2009), by Danielsson and Zoega

Lessons from a Collapse of a Financial System (2010) by Benediktsdottir, Danielsson and Zoega

Iceland: After the Fall (2010), by Gylfason

Lessons from Iceland (2010), by Wade and Sigurgeirsdottir

Iceland’s financial crisis (2012), by Morriss and Petursson

Gambling for resurrection in Iceland (2013), by Baldursson and Portes

A Feminist Theory of Corruption (2013), by Johnson, Einarsdottir and Petursdottir

Iceland: How Could This Happen? (2014), by Gylfason

The Rise, the Fall, and the Resurrection of Iceland (2017), by Benediktsdottir, Eggertsson and Thorarinsson

The Case Against Leaders (2021), by Olafsson

Documents on the Icesave Case

FSA Supervisory Notice to Landsbanki 3 October 2008

FSA Supervisory Notice to Landsbanki 6 October 2008

FSA Supervisory Notice to Landsbanki 10 October 2008

Landsbanki Freezing Order 8 October 2008

Memorandum on Talks between Iceland and the Netherlands 11 October 2008

Agreement between Iceland, the UK and the Netherlands 5 June 2009

Legal Advice of Mishcon de Reya in Icesave Dispute

Documents from Mishcon de Reya on Icesave Dispute

Summary of Agreement between Iceland, the UK and the Netherlands 9 December 2010

Notice by EFTA Surveillance Authority to Iceland

Response by Iceland to Notice from EFTA Surveillance Authority

Judgement 2013 of EFTA Court in Icesave case

Papers on the Icelandic Commonwealth

Institutional Evolution in the Icelandic Commonwealth, by Runolfsson [Solvason]

Private Creation and Enforcement of Law: A Historical Case, by Friedman

Law and Legislation in the Icelandic Commonwealth, by Lindal

A Millennium of Common Mountain Pastures in Iceland, by Eggertsson

Papers on Icelandic Economic History

No Experiments, Monumental Disasters, by Eggertsson

Liberalism in Iceland in the Nineteenth and Twentieth Centuries, by Gissurarson

Anti-Liberal Narratives about Iceland, 1991–2017, by Gissurarson

A Comment on Gissurarson’s Method, by Olafsson

A Rejoinder to Stefan Olafsson, by Gissurarson

Papers on Icelandic Society and Politics

Brief History of Iceland, CBI

Iceland and the Nordic Model of Consensus Democracy, by Jonsson

The Icelandic Welfare State in the Twentieth Centuy, by Jonsson

Documents on Icelandic Society

Icelandic Translation of a Description of Iceland (1607), by Blefken

Papers on Iceland’s Foreign Relations

Henry VIII and Iceland, by Thorsteinsson

Scottish Plans for the Annexation of Iceland 1785–1813, by Agnarsdottir

Iceland in the Eighteenth Century, by Agnarsdottir

The Mackenzie Expedition to Iceland, by Agnarsdottir

1868 Report on the Resources of Iceland and Greenland, by Peirce

Robert J. Walker on Acquiring Greenland and Iceland, by Dyer

Proposals to Sell, Annex or Evacuate Iceland, 1518–1869, by Gissurarson

Iceland: A Peaceful Secession, by Halfdanarson

Severing the Ties, by Halfdanarson

The Soviet Challenge in Iceland 1956–9, by Ingimundarson

Sympathy and Self-Interest (2005), by Johannesson

The Cod and the Cold War (2006), by Gudmundsson

US-Icelandic Relations (2004), by Johannesson

The Pen and the Borrowed Sword (2008), by Helgason

Wikileaks Documents on Iceland

Ambassador van Voorst 26 May 2006 about relationship between Oddsson and Bush

Ambassador van Voorst 9 November 2007 about defence discussions

Ambassador van Voorst 12 September 2008 about Iceland’s bid for SC seat

Ambassador van Voorst 3 October 2008 about problems of the banks

Ambssador van Voorst 7 October 2008 about Landsbanki’s fall and Russian loan

Ambassador van Voorst 8 October 2008 about Glitnir’s fall and possible US assistance

Ambassador van Voorst 28 October 2008 about visits by US officials to Iceland

Ambassador van Voorst 29 October 2008 about request by CBI for dollar swap deal

Ambassador van Voorst 10 November 2008 about rifts within the Independence Party

Ambassador van Voorst 14 November 2008 about proposed cuts at Icelandic Foreign Ministry

Ambassador van Voorst 5 December 2008 about discussions on EU membership for Iceland

Ambassador van Voorst 26 January 2009 on the collapse of Haarde’s government

Ambassador van Voorst 9 February 2009 on attempts to remove CBI Governor Oddsson

Ambassador van Voorst 25 February 2009 on CBI Governor Oddsson’s defence of his record

Dossier (US Embassy?) on Landsbanki’s owners

Emails between IMF and Icelanders on Icesave

Icesave: Confidential Offer by UK and Dutch Negotiation Teams 2010

Icesave: Offer by Icelandic Negotiation Team 2010

Press Cuttings

Ingibjorg Solrun Gisladottir Defending Kaupthing and Jon Asgeir Johannesson 9 February 2003

Ingibjorg Solrun Gisladottir on Continued Deposit Collection of Banks 4 September 2008

Eirikur Tomasson Blaming Government Ministers for Collapse 14 February 2009 [Addendum IV]

Thorvaldur Gylfason on Moral Obligation to Pay Icesave 25 June 2009

Stefan Olafsson on Moral Obligation to Pay Icesave 17 August 2009

Vilhjalmur Arnason on Moral Obligation to Pay Icesave 9 April 2011

The Yacht of Jon Asgeir Johannesson and his Wife: Interview and Photos

Jon Asgeir Johannesson’s Newspaper Elects him Businessman of the Year in 2007

Comment by Gissurarson on the Impeachment of Haarde in Wall Street Journal 2012


Baugur Group in Monaco 2007

GissurarsonMay2017 GissurarsonSept2017 OlafssonSept2017 GissurarsonSept2018