The investigation focused on questionable financial practices applied by Icelandic banks, the dealings by major financial (business) leaders, and the links between the business sector and politicians....

The investigation focused on questionable financial practices applied by Icelandic banks, the dealings by major financial (business) leaders, and the links between the business sector and politicians. Following this investigation, Iceland’s government collapsed, as many officials (including the prime minister) resigned, which threw the country into further turmoil.