This and this and particularly this may go some way to explain why the UK government used anti-terrorism laws to freeze the British assets of the Icelandic banks when they went bust, a move that was widely decried at the time.
Iceland was always a beautiful country with good, hard-working people, but now there's something rotten in the state of Iceland and it's not just a load of old cod. The Icelandic people seem extremely angry with their financial and political elites, and frankly I don't blame them.
