We should note that Iceland is a country with a population of 323,000 people - that's a large town in most other countries. The scale of the Icelandic banks compared to other countries was really not equivalent.
The scale of the Icelandic banks compared to the country's population/national economy was humongous. That is probably why the banking business was so difficult to control (once it was fed, as rumored, with some grey money from Russia).
You're making a comment that's often repeated when talking about whether or not a bank bailout is a good idea.. but that is not the issue being discussed here.
This conversation is about whether or not it's in everyone's best interest to try harder for criminal prosecution in these cases.. which should not be something determined by things like population size.
