UPDATED 4/18/12: Iceland Forgives the Mortgage Debt of its Population

More links on this unfolding story:

http://jhaines6.wordpress.com/2012/04/13/icelandic-anger-brings-debt-forgiveness-in-best-recovery-story-by-omar-r-valdimarsson/

http://thefreeonline.wordpress.com/2012/04/13/iceland-first-to-have-to-forgive-mortgage-debts/

http://adask.wordpress.com/2012/04/13/viva-iceland/

http://beyondmoney.net/2012/04/05/iceland-takes-a-more-rational-approach-to-the-finacial-crisis/

http://www.dailykos.com/story/2012/02/24/1067831/-Iceland-Solves-Banking-Crisis-by-Indicting-Bankers-Forcing-Mortgage-Relief

http://icelandicecon.blogspot.com.es/

http://www.businessweek.com/news/2012-02-28/icelandic-anger-brings-debt-forgiveness-in-best-recovery-story.html

NEW: http://wizbangblog.com/2012/04/14/did-iceland-forgive-the-majority-of-its-citizens-mortgage-debt/