Author Archive

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... »

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 happened in Russia? Why did he not pay for Landsbanki with the massive profits he got from the brewery? and so on. The media here in... »

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 in the blog-sphere and some radio stations. Some of the old media guard has reported this, but not gone into any serious details. After the initial... »

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 was called in by the special prosecutor and answered by claiming that he would not need to come to Iceland unless the Icelandic Supreme Court... »

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 according to the special prosecutors office are similar to those of Hreiðar Már who was arrested as well today. The Black Report so called, are... »

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 put in holding for up to two weeks. He is charged with fraud, market manipulation and falsifying documents. Iceland Talks has talked about him and his criminal... »

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 interchangeably with May Day) is a celebration of the social and economic achievements of the international labor movement and left-wing movements. May Day... »

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 seem to have any sense left in them after the whole storm of mistakes and government fuck ups in since the whole economy in Iceland... »

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, statistically Iceland has the slimiest bastards of 2010 record. How such a small nation can produce so many slimy bastards is incredible. But sadly a... »

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 the stakeholders who own the debts got the banks from the Icelandic government. The main question is this: Who really owns the banks? The answer is not... »