REYKJAVIK, Iceland (AP) — A committee of Icelandic lawmakers split Saturday over whether to recommend an unprecedented prosecution of former leaders for failing to prevent the country's financial meltdown.
The deadlock means it will be harder for parliament to try former Prime Minister Geir Haarde and three other top officials for their role in the 2008 economic crash.
Iceland was one of the first victims of worldwide economic downturn sparked by the collapse of the American subprime mortgage market in 2007. Having grown frenetically over the previous years, Iceland's debt-fueled financial system imploded under the weight of its obligations.
The North Atlantic nation's …
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