Jared Bibler on Iceland's Secret

Why is something that happened in Iceland in 2008 still of relevance today? The answer is revealed by my guest Jared Bibler. He's the author of a book called 'Iceland's Secret: The Untold Story of the World's Biggest Con'.

Having started his career working for a Wall Street Bank, Jared moved to Iceland in 2004, supporting the Icelandic pension funds' foreign investments. He resigned from his job at a leading Icelandic bank days before the 2008 Icelandic financial crisis and was subsequently hired to head a special investigation team at the Icelandic markets regulator. Jared and his team referred more than 30 criminal cases to the Special Prosecutor of Iceland, including the largest stock market manipulation cases to be prosecuted globally.

In our discussion, we talk about Jared's career and what he learned while working on both sides of the regulatory fence. This is a tale of Human Risk on an epic scale — I thought I knew a lot about the Icelandic story, but what Jared reveals in his book is mindblowing!

We also discuss Jared's motivation in writing the book and the response he's had both in Iceland and elsewhere. As you'll discover, there are many parallels between what happened in Iceland in 2008 and what is going on in other contexts today.

For more on Jared and his book, visit https://icelandssecret.com/

To learn about Iceland's history - https://en.wikipedia.org/wiki/History_of_Iceland

Mount Ejsa which dominates Reykjavik - https://visitreykjavik.is/city-areas/mosfellsbaer/mount-esja#

The collapse of Lehman Brothers - https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

Bethany Maclean, the reporter who broke the Enron story - https://en.wikipedia.org/wiki/Bethany_McLean

Jolabokaflod the Icelandic tradition of giving books for Christmas - https://www.countryliving.com/life/a46204/jolabokaflod-iceland-christmas-reading-tradition/

Jared's webinar with Transparency International (in Icelandic) - https://www.facebook.com/watch/live/?ref=watch_permalink&v=434772941474117

Russell Napier - https://russellnapier.co.uk/