Iceland has sentenced a total of 26 Bankers to prison for their roles in the 2008 worldwide bank crisis. Between them, the Bankers will serve a total of 74 years!
One of Europe's largest banks is in serious trouble and they're reshuffling management to stave-off collapse.
China is preparing to announce their currency is backed by Gold. On that day, in one fell swoop, they will gain global financial hegemony.
Beijing (AFP) - An angry Chinese investor stabbed the chief executive of a troubled asset management company into which he had poured hundreds of thousands of Yuan, reports said, highlighting tensions created by the country's financial turmoil.