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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 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... »
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 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 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 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 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 interchangeably with May Day) is a celebration of the social and economic achievements of the international labor movement and left-wing movements. May Day... »
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 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 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, 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 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 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... »
The face of Eyjafjallajökull volcano
This is a taken from the Icelandic Coastguard plane on an ELTA radar, and is approx. 2.5 km in diameter. This is the one who sends the ash to Europe. »
Volcano eruption latest updates:
A large flood is rushing down the glacier and farms near the rivers have been told to evacuate straight away to higher ground. They are in running for the hills in the literal sense. Most people should be able to make it to the evacuation centers. It is a far bigger flood than the... »
Icelandic volcano grounds European flights
Instead of Cash, they send Ash. Britain has been grounded for the first time since the Wright brothers started their test flights. The Eyjafjallajökull volcano eruption is relatively small, but winds carry the ash to Europe and in doing so, it grounds all flights, since the ash is very dangerous for jet engines. One can’t help but... »