The EU recommended in a study, published in August 2009, that all European citizens and European Banks should invest with Icelandic banks. The concept was that the Icelandic banks would transfer these funds, grabbed from gullible and deceived Europeans, to Jewish Wall Street Banksters, such as Lehman Brothers and fraudster Madoff. Iceland's banks collapsed only four weeks after the EU had published the Commission's study and investment recommendation. Thousands of people lost their savings and pensions to fraudsters like Richard Fuld from Lehman and Bernie Madoff - via the Iceland concept.

This gigantic fraud was promoted by Israel's Icelandic puppet, president Ólsfur Ragnar Grímsson as "a distinct Icelandic entrepreneurial spirit".

Surprise, surprise, Grímsson is married to Hebrew business magnate Dorrit Moussaeiff.

http://en.wikipedia.org/wiki/Dorrit_Mous...

Dorrit Moussaieff, (born 12 January 1950) is the Israeli-born British-Icelandic First Lady of Iceland, jewelry designer, editor, businesswoman, and socialite.

Early life
..."