Iceland's government is considering legislation that would "create an international repository for leaked documents, exposed corporate and government secrets, and other information provided by investigative journalists and whistle-blowers alike". This comes on the heels of their economy all but crumbling during the world wide recession, many believe due to banking and government secrecy and failure. If passed, this could set an international precedent on governmental and corporate transparency. Imagine, your corporation is based in the U.S. and a whistle blower wants to tell the whole world what a rotten group of people you are (without fear of reprisal or prosecution). They just move on over to Iceland and blow the whistle. In light of the Enrons, Arthur Andersons, and Goldman Sachs etc...of the world that sounds like a pretty good idea. But what happens when a disgruntled employee moves over there and tries to destroy an innocent company? Think of WikiLeaks on steroids...
Read more here
http://gigaom.com/2010/02/12/iceland-looks-to-create-information-haven/
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