After the banking collapse of Iceland, the President of Iceland Olafur Ragnar Grimsson, has decided to give his population a vote on whether to compensate the UK and Dutch governments on the terms those countries want - which would cripple Iceland, or on Iceland's terms which would not cripple Iceland as much. Jeremy Paxman though he would have an easy interview, he was outclassed by the Icelandic president. Recorded from BBC Newsnight, 06 January 2010.