Iceland's Secret cover art

Iceland's Secret

The Untold Story of the World's Biggest Con

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Iceland's Secret

By: Jared Bibler
Narrated by: Jared Bibler
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About this listen

Born in Massachusetts, Jared Bibler relocated to Iceland in 2004 only to find himself in the middle of an unprecedented financial crisis a handful of years later.

Personally wiped out and seeking to uncover the truth about a collapse that brought the pastoral country to its knees, he became the lead investigator into some of the largest financial crimes in the world. This work helped Iceland to famously become the only country to jail its bank CEOs in the wake of the 2008 crisis.

But the real story behind that headline is far more complex – and sinister.

A decade after the investigations, the story can be told at last and in full. The crisis, barely understood inside or outside of Iceland even today, is a cautionary tale for the world: an inside look at the high crimes that inevitably follow Wild West capitalism.

With the next global financial meltdown just around the corner, this untold tale is as timely as ever.

©2021 Jared Bibler (P)2021 Harriman House
Corporate & Public Finance Economic Conditions Economics International Investing & Trading

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Critic reviews

A new genre is born: Nordic noir but with bankers going to jail. It reads like a thriller--but amazingly it's all true. (Russell Napier, bestselling author of Anatomy of the Bear)
A killer read from the heart of Iceland's epic financial meltdown. A thrilling saga of crooked bankers and the dogged investigators who took them down. (Tom Ashbrook, U.S. broadcasting legend)
All stars
Most relevant
This book blew my mind, very well written and easy to follow and understand.

Absolutely amazing!

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An amazing story, as narrated by the author, it is gripping and detailed in the finance side but should be unstandable by most.
I wish Jared could write more like this (without the financial fallout!)

Fantastic Story and Narrator

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There are often stories that hit the news then disappear . Like Iceland is bankrupt, english councils loss millions but then just fade away . this book provides the answers, it read like the book red notice by bill browder,
Fraud, stupidity and corruption and just like the bankers in the GFC nobody gets punished .
An Amazing book Jarad thank you for giving answers to this semi forgotten story, a shame they are not the result the ordinary citizens of Iceland needed

Amazing

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a great book about a subject many of us don't know about beyond the global headlines.

wow! this is an eye opener and also very worrying!

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A good, well-written book that shines a light on the goings on at the Icelandic banks around the time of the financial crisis. The author is insightful and honest, and exposes not only the behaviours of these banks but the social norms of Iceland which allowed and encouraged this behaviour. I knocked a point off the performance because I found the narrator / author’s Icelandic twang a little jarring (although he seems to slip into a more standard American accent as the book goes on).

An interesting story

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