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 be further from the truth. As revelatory new book Iceland’s Secret: The Untold Story of the World’s Biggest Con proves, this is the story of our times. Written by a true insider—the man who headed the forensic investigation into the collapse of Iceland’s three largest national banks, which precipitated the crisis—it not only provides a page-turning account about the financial collapse of a whole country but also shines a light on the pervasiveness of financial crime across the world. Without proper monitoring and deterrents, which are still sorely lacking, we could all be heading towards a bigger global meltdown in the years to come. To mark the publication of Iceland’s Secret, out now through Harriman House, we speak with its author, international financial investigator Jared Bibler.
