Through elaborate twists and turns Catharine Zeta-Jones had to risk her life in a break in to get her hands on the jewels she coveted in Entrapment. But if you happen to own or control a business which has been bankrupted in Iceland in the last couple of years, the way back to 2007 is made [...]

The idea of an IceSave memorial is a great one. So here is a homage to the people who got us IceSave.               As Prime Minister and Finance Minister, David Oddson and Geir Haarde privatized Landbankinn into the hands of Bjorgolfur Gudmundsson, who had no experience in banking but had served a sentence for his part in [...]

Fridrik Jonsson shows two pictures on his blog today that challenge the wisdom of applying economic theories to large economies and small as if there were no difference. The first one shows inflation from January 2001 – October 2009. The second one shows the development of CB interest rates in the same period. Notice a trend? Those of [...]

The case of Baldur Gudlaugsson, the secretary of the Ministry of Education who quit yesterday because of an investigation by the Special Prosecutor, is intriguing to say the least. Baldur is being investigated for selling his shares in Landsbankinn, after attending a meeting late in the summer of 2008 with Alistair Darling, the British Chanchellor of the [...]

The first of many documentaries about the crash is soon to be ready. God Bless Iceland, citing Geir Haarde’s infamous speech to the Icelandic nation includes interviews with such figures as Bjorgolfur Thor, Jon Asgeir Johannesson and Geir Haarde. Also footage from the protests in January, a policeman’s perspective and a protester’s perspective.

Geir Haarde, the fallen PM appeared on the Europe Today show at BBC. Diverting the attention from Iceland and focusing on Ireland and Latvia, Geir also claimed that the economic disaster had caught him by surprise. The real surprise is why anyone actually offers the man a forum anymore? Listen here

Last night the newsmedia was filled with stories of violent activity by Saving Iceland members at the Ministry of Industry. Most of the headlines revolved around police being attacked with pipes and a policeman being kicked in the head. Then this morning we get this video and a strong protest by Saving Iceland which states that [...]

Since Newsweek was pointing fingers this week with its “Who’s to blame” report, it only makes sense that Icelanders start extending their index fingers. For every Fred Goodwin, there is a Bjarni Armannsson and for every David Oddson…well there are actually few people who could have made as much mess in history as David Oddson. [...]

Today we celebrate independence day. For what it is worth. The feeling towards nationalism has always been like most other emotions in Iceland, sort of quietly muted, yet boiling underneath the surface. Iceland celebrates Jon Sigurdsson’s birthday as a national day. Fittingly for nepotistic Iceland, the man who married his cousin became their leader in resisting the adoption [...]

Bjorgolfur Thor laughed all the way to the bank and is now laughing all the way from the bank. He made his money from beer in post-Soviet Russia and was given Landsbankinn as a gift from the Independence Party of David Oddson and Geir Haarde for the small price of arranging high-paying jobs for people within [...]