Iceland Issues More Indictments!!!

iceland president

My Lord, I see handcuffs!

Icelandic banker Sigurdur “Siggi” Einarsson, who ran Kaupthing bank from offices in Mayfair until its collapse five years ago, is among nine former senior staff who have been variously charged in Reykjavik with orchestrating five large-scale market manipulation conspiracies.

Further details, to be released by the courts later this week, are expected to allege a conspiracy by Kaupthing executive chairman Einarsson and other bosses at Iceland’s largest bank, claiming they secretly used the bank’s funds to indirectly buy Kaupthing shares in the hope of propping up its share price.

Gee, and this comes after the UK “significant fraud” office couldn’t find a violation of the law.


Now about those banksters here in the United States… oh wait, we’ve been told they’re “too big to jail”, right?

Go Iceland!

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