Progressive Party Chairman Sigmundur David Gunnlaugsson was asked on the evening news of both channels what two experts from a hedge fund related to Landsbankinn and Bjorgolfur Thor were doing with him in Norway?

He did not really answer the question. Instead he became indignant and accused those who asked of McCarthyism and claimed he did not know whether these men had done business with the bank or Bjorgolfur Thor. He could maybe visit his father’s investment fund, located at the same address as the hedge fund in question and hope to pop into them to ask them that question.

His explanation was that these men had become concerned that Iceland would become the victim of hedge funds once currency controls would be lifted. Which reminded one blogger of ads from a home security company starring Iceland’s most famous petty thief.

The Progressive Party is not above falsely accusing Johanna Sigurdardottir of treason, as they did last week when they claimed the only hangup on a loan from Norway was her slow response. But ask them to disclose their relationship with a dubious hedge fund and you get cries of McCarthyism.

Seldom has a trip to Norway turned into such ridiculous farce.

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