The worst thing about our country’s bank bailouts is the distribution upon the public of economic responsibility (and economic pain) for private bankers’ mistakes. Obviously, if the banks made tons of money the public would not have shared in the benefits. What can we even call such a thing? Obvious corruption? Serfdom? Graft? This article details how Icelanders wouldn’t play ball with this kind of nonsense, even though they were under intense pressure from British and Dutch banks in the wake of their country’s 2008 economic meltdown.