"Iceland, a country that wants to punish the bankers responsible for the crisis" is the title of an article published by Pressenza, a press agency based in Chile.
The Icelanders have thrown out one government and led a second government to plan a referendum on whether the Icelandic people should be responsible for the debt incurred by others.
On top of that, it will be individuals elected specifically to rewrite the constitution, not experts and politicians.
I'll let you read the last two paragraphs, which are humdingers on how countries should be governed.