Björgólfur Thor is using his website to discredit everyone else and by doing so he can be seen as an innocent victim just as the regular Icelander can. He is a man of the people apparently (sarcasm intended). What is most striking about this website and all the material on it is that it... »
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Björgólfur Thor and the media
Björgólfur Thor just opened up a website depicting all his Icelandic business deals. This website is very limited since it does not answer the big questions, such as what... »
Magma Energy and the strange political reactions
Magma Energy bought the Icelandic geothermal energy company HS Orka (HS Energy). This was documented a year ago on this website. After that there has been an intense discussion... »
Ex Kaupthing boss wanted by Interpol
Sigurður Einarsson the former Kaupthing manager is now officially wanted by Interpol. Nice picture of this man. When reading the Black Report he sounded like a teenager with an attitude. He... »
Banque Havilland saga continues
Magnús Guðmundsson, the director of Banque Havilland and the former director of Kaupthing Luxembourg has been arrested by the Special prosecutor today. He has been taken to prison. The reason... »
Hreiðar Már of Kaupthing finally arrested
Hreiðar Már Sigurðsson was arrested but the special prosecutor today. He recently came to Iceland when he was called in for questioning and after that he was arrested and... »
A numb celebration instead of public anger
A numb celebration when there should be anger and riots. There has got to be something wrong with this picture. A quote from Wikipedia: “International Workers’ Day (a name used... »
Take your money and run while we close our eyes and count to ten
A few weeks ago the The Directorate of Tax Investigations in Iceland made a public media announcement that was strange to say the least. At least to those who... »
The slimiest financial bastards of 2010
The 2010 Time 100 list. List influential people of “Least Influential People of 2010” published by Time magazine is interesting. On the top 100 list there are three Icelanders. So,... »
The status of Arion bank
The big question of today is about the real owners of the Icelandic banks Arion (the restored Kaupthing) and Íslandsbanki (the restored Glitnir). The debt collections are large, and... »