August 2, 2009
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 [...]
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August 1, 2009
Yesterday the website WikiLeaks* published TOP SECRET information about loans made by Kaupthing bank just before the Big Meltdown last October. The info is a 209-page inside document containing slides used at a meeting of the bank’s loans committee on September 25 last year. The leaked document shows definitively that the bank made massive, high-risk [...]
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