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Iceland's Secret

The Untold Story of the World's Biggest Con

By Jared Bibler
Cover of Iceland's Secret (Hardback) by Jared Bibler Cover of Iceland's Secret (Ebook - phone) by Jared Bibler Cover of Iceland's Secret (Ebook - tablet) by Jared Bibler

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About the Author

Jared Bibler

Jared Bibler is a graduate of MIT, where he studied engineering. He is also a CFA charterholder with nearly 20 years of broad experience in the global financial markets. Jared started his career in Boston and New York, where he worked as a consultant to a Wall Street giant.

Following that, he moved to Iceland where he supported the Icelandic pension funds’ foreign investments. Unhappy with ... Read more on Jared Bibler

Contents Listing

Jacket Text

Born in Massachusetts, Jared Bibler relocated to Iceland in 2004 only to find himself in the middle of an unprecedented financial crisis a handful of years later.

Personally wiped out and seeking to uncover the truth about a collapse that brought the pastoral country to its knees, he became the lead investigator into some of the largest financial crimes in the world. This work helped Iceland to famously become the only country to jail its bank CEOs in the wake of the 2008 crisis.

But the real story behind that headline is far more complex — and sinister.

A decade after the investigations, the story can be told at last and in full. The crisis, barely understood inside or outside of Iceland even today, is a cautionary tale for the world: an inside look at the high crimes that inevitably follow Wild West capitalism.

With the next global financial meltdown just around the corner, this untold tale is as timely as ever.

Professional Reviews

“[Iceland’s Secret] goes beyond a mere portrayal of a specific crime and its far-reaching ramifications and becomes a moral tale about the depths of human greed … an admirably rigorous account of a complex event of great contemporary importance.” Kirkus Reviews

"A killer read from the heart of Iceland's epic financial meltdown. A thrilling saga of crooked bankers and the dogged investigators who took them down." Tom Ashbrook, U.S. broadcasting legend

"A new genre is born: Nordic noir but with bankers going to jail. It reads like a thriller--but amazingly it's all true." Russell Napier, bestselling author of Anatomy of the Bear


Media Coverage

Facebook

With stock markets at historic highs, memories of the 2008 crash are in the air again. Heady markets can hide a multitude of sins. One of the biggest from the '08 era is only now being fully told. In ...

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Facebook

With stock markets at historic highs, memories of the 2008 crash are in the air again. Heady markets can hide a multitude of sins. One of the biggest from the '08 era is only now being fully told. In ...

Read more

Kirkus Reviews

The book goes beyond a mere portrayal of a specific crime and its far-reaching ramifications and becomes a moral tale about the depths of human greed. It shows how, even in a nation as thoroughly ...

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Authority Magazine

I wrote Iceland’s Secret because I wanted readers to see by example what could happen if we continue to let our financial systems run amok — that we all have an interest in a clean, transparent, ...

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The London Economic

The Icelandic financial crisis of 2008 may, at first glance, seem just to be a footnote in the wider context of the 2007-9 global financial crisis and subsequent Great Recession, but this couldn’t ...

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Business Matters

In this exclusive interview, Bibler, whose new book Iceland’s Secret: The Untold Story of the World’s Biggest Con provides a cautionary tale for the world, speaks out about his investigation and ...

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The European

Only through such reforms can we be more assured that the global financial system is fit for purpose. While those changes that have taken place are to be welcomed, continuing scandals in financial ...

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HR Grapevine

In this article, Bibler, author of new book Iceland’s Secret: The Untold Story of the World’s Biggest Con—a revelatory forensic examination of one of the world’s largest financial ...

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BBC Radio Guernsey

From 2:17:46 to 2:26:17, Claire Cathcart discusses financial crime with Jared Bibler, author of Iceland's Secret.

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Cointelegraph Magazine

Bibler, who later joined the Fjarmalaeftirlitid (FME) investigation into the collapse, had quit his stressful Wall Street job in 2004 and moved to the tiny country after vacationing there. He ended ...

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Yahoo Finance

As recounted in thrilling detail in the new book “Iceland’s Secret,” the Icelandic banking scandal was a beast all its own, a whole-cloth fraud that originated a full decade before the ...

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