Some pretty serious questions are now being raised about the injunction I wrote about in the last post.
The injunction was ordered by the Reykjavík District Commissioner, one Rúnar Guðjónsson. As it happens, the son of the Reykjavík District Commissioner, Guðjón Rúnarsson, is head of the Icelandic Financial Services Association and one of the top spokesmen for the failed banks. Among other things, he has fought to have the state’s Housing Financing Fund [which supplies the general public with affordable mortgages] abolished so that the banks could have exclusive dibs on the mortgage market.
Another son of the District Commissioner is Frosti Reyr Rúnarsson, who just happens to be the former head of Kaupthing’s securities brokerage division and one of the recipients of Kaupthing’s infamous bullet loans.
It just never stops, does it?
BEAUTIFUL DAY, SHAME ABOUT THE CORRUPTION
I’m going to get off the internet now and get me some of that sunshine to clear me head. Currently blazing sunshine here in the capital, 12°C [54F], the sun came up at 4.38 am and will set at 10.27 this evening.