There has been a lot of traffic on this website concerning Gísli Reynisson. To put the record straight, there are two of them. The first one is not alive anymore. He is mentioned in those three part articles, to be read in the following order: Landsbanki, chocolate and the dirty laundry The purchase of Hotel D’Angleterre Other business ventures... »
After looking more at this interesting document called: Report on moratorium and other issues concerning Landsbanki Íslands hf. One chapter caught my attention more than others. Page 9 and 10 in the document is the explanation of the banking crisis and economic crisis in Iceland. Here is a part of it: Quote starts 2.1 EVENTS LEADING... »
The website Economic Diaster Area just wrote a short article about the Indefence group. Here is the article; I don’t know about you but I have no desire at all to have the InDefence group appear on my nation’s behalf at the Dutch Parliament. “The InDefence group organized a petition in Iceland asking the president of Iceland... »
The company Investec Trust Limited, registered on the island of Guernsey does a 127 billion ISK demand, or damages claim to the Kaupthing estate. Another company called Euro Investments Overseas registered on the Virgin Island of Tortola (the fund is owned by The Tchenguiz Family Trust) does a similar demand, but for 317 billion... »
Björgólfur Guðmundsson and his son Björgólfur Thor Björgólfsson cannot explain loans, money transfers for more then 2 billion ISK to at least six companies belonging to them, located in Cyprus, Luxembourg and the island of Tortola (Virgin Island’s main island) The explanation they give is that the only man who can explain the money transfers... »
The newly restored Landsbanki is full of secrets. For a government bank it should seem incredible that the information flow is blocked by the bank director Ásmundur Stefánsson and the solvency committees of the fallen bank (Old Landsbanki). There are two main things that have been surfacing recently. First is the massive 30 billion ISK... »
The Icelandic Parliament started the Special Investigation Commission (SIC) after much public pressure after the economic collapse of the Icelandic financial system. The committee has been said to be a white wash for the politicians that are to blame, and their friends, but now it is believed that everything will be published. According to the... »
There are very mixed emotions about this decicion of President Ólafur R. Grímsson to refuse to sign the laws, and by that press the matter into a national referendum. On a personal note, I don’t want to pay for the mistakes, corruption and stupidity of private bankers and corrupt politicians. The international community should share... »
A different view is set forth by Sheldon Filger, a journalist at the Huffington Post and the founder of the Global Economic Crisis website. Some of the people who write or influence articles on Iceland Talks, do agree with his view. The general taxpayer should not pay for the stupidity and irresponsibility of private companies... »
One Icelandic blogger is talking about how strange it is to have Magnús Árni Skúlason leading the Indefence group when he was forced to resign as a board member of the Central Bank of Iceland after only few weeks the summer of 2009. He was forced to resign after being accused and later admitting... »
