Hello Joseph,

You are welcome, and thank you for your extended comment. Thank you also for highlighting the NEED Act, I will most certainly investigate further. I wrote this post, because, quite frankly I am shocked that none of the major business press has picked up this story to any degree. To me the idea that nearly opposite countries - Iceland and Switzerland - could be considering the same banking regime needs to be discussed. I first saw this story just prior to the New Year and was certain that someone would run with it and that I would be late to the publishing party. But alas, only in the blogosphere is the story getting much coverage.

By the way, I also felt that way when the U.S. business press (except a brief blurb in one paper) did not cover the offshore tax evasion scandal that broke three years ago, and that led to resignations of politicians around the globe.

In any case, I am pleased that you liked the piece.

Yours, in service,

Jason