A Banker’s Reckoning
In this candid account, Larus reflects on his rise, fall, and recovery while examining the 2008 collapse, its links to the global financial crisis, and flaws in its legal aftermath.
Larus Welding rose rapidly in Icelandic finance, becoming CEO of the international Glitnir Bank by age thirty before its dramatic collapse in October 2008. He then spent more than a decade fighting an aggressive prosecution within Iceland’s justice system. In this candid account, Larus reflects on his rise, fall, and recovery while examining the collapse, its links to the global financial crisis, and flaws in its legal aftermath.
What people are saying
Lárus’s book is an important contribution, both because of his honesty with his readers and, perhaps more importantly, because of the broader context it provides on the events surrounding Iceland’s banking collapse and the legal proceedings that followed.