Baugur Group

The White Book and Baugur Group

November 24, 2009

I’ve just finished reading The White Book by Einar Már Guðmundsson …yes, it’s taken me awhile, but only because I was subjected to the literary equivalent of being clobbered over the head and dragged off  this book [affiliate link alert!] – pretty much as I am currently devouring this one [or as the bookstore clerk [...]

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The long arm of censorship?

November 19, 2009

Yesterday, a rather embarrassing video popped up on various blogs here in Niceland. It was from the so-called “Baugur Day” in 2007, when Baugur Group threw the staff party of a lifetime down in Monaco, and it looks to be a promotional video for the company before all went tits-up [and you can pretty much [...]

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Glitnir’s Kiddiegate Affair

November 4, 2009

A few off-topic comments were written beneath the last post referring to the loans that Glitnir [bank] made to children. Most commenters expressed a mixture of outrage and indignation that a bank would make loans to minors and – not least – that the children’s parents would have applied for those loans on behalf of [...]

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The byproducts of fear

June 14, 2009

Eva Joly’s recent demands concerning the investigation into Iceland’s bank collapse have garnered a mixed reception here on the rock. While an overwhelming majority appears to support her and sees the eminent logic in her arguments, there are others who are not as convinced. One criticism concerns her going directly to the media and stating [...]

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About that Vanity Fair article

March 11, 2009

A number of people have asked me for my reactions to the Vanity Fair article that everyone’s been talking about … so last night I decided to take the plunge and read it. As some readers will already know I had initially given up after the first page or so, as soon as I was [...]

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The biggest bank robbery in Iceland’s history?

February 23, 2009

“Another day, another scandal,” someone wrote in the comments the other day – and ain’t it the truth. A day hardly passes around here with some dirty deed being dredged up from the cesspool that is Iceland’s economic collapse. Today’s scandal is brought to you by an establishment close to the Nicelandic heart – the [...]

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