I invite you to give me one reason why an Icelandic taxpayer should vote to pay for the mistakes made by a bank that attracted foreign investments by offering preferential interest rates.
The only difference between the Iceland situation and ours is that the Iceland government elected to ask the country's citizens what they thought. I'll go right out on a limb here, and suggest that if our government had done the same you would have done what the Icelanders will undoubtedly do.
In any case, the vote isn't the deciding factor - there will be an inter-government deal. The Icelanders will pay up in the end.
If the British public (HM Government)had refused to bail out the banks, then perhaps there wouldn't be some heavy bonus's being paid out, and some of the financial experts might have found pastures much greener, in their mass exodus ;o(