Their swift action on their bankers resulted in Iceland fiscal house back in order... QUICKLY. Iceland is one well-run country. Read up on it. What they did took balls.
A little OT:
This iceland thread reminds me of 'Filipinos in Iceland'
https://www.facebook.com/FilipinoIcelandicAssociation/
My buddies and I had a little contest trying to guess an area of the world where there are NO filipinos. Sadly, I picked Iceland and was quickly found wrong. Too bad I couldn't pick Antarctica.