Former Kaupthing chairman Sigurdur Einarsson who was wanted by Interpol earlier this year knows where to seek blame for the Icelandic banking collapse of 2008. It was the government, the supervision authorities and Landsbankinn amongst others according to a big interview in Frettabladid today. The governments of David Oddson and Geir Haarde also know who [...]

Don’t you just long for the good old times of 2007? Watch here at Daily Motion

The love hate relationship between the Independence Party and Jon Asgeir Johannesson’s Baugur gets stranger every day. The right wing politicians of the Independence Party loves to blame everything that is wrong with Iceland on Jon Asgeir and Baugur. If you believe what they say in the media then you’d deduct that they actually hate [...]

“How to settle the debts of individual businesses is in the hands of the banks and they have to work according to regulations in those matters and not discriminate between people when estimating how the interests of the bank and therefore the Icelandic economy is best served, and how to minimize the damage. I will [...]

Morgunbladid today points out that one year from the economic collapse, Iceland’s most notorious businessmen still hold on to their companies. Jon Asgeir Johanesson – Hagar (Hagkaup, 10-11,Bonus) / 365 Media (Channel 2, Frettabladid) Karl & Steingrimur Wernersson – Lyf & Heilsa Drugstores Agust & Lydur Gudmundsson – Exista (VIS, Lysing, Siminn, Oryggismidstodin) / Bakkavor [...]

The new video from Jon Gerald Sullenberger.

Bloody hell. I knew the name of my website would be apt, but even my lowest hopes for how things would turn out are being shattered. Icelanders apparantly can dig deeper than anyone ever could imagine. How on earth are you going to shove this down your throat!?! David Oddson as editor in chief of [...]

Jon Asgeir Johannesson, who is now facing the loss of his only operational business that is left, Hagar which he “restructured” out of Baugur at the last moment has offered up what promises to be a legendary quote. He asks the Icelandic nation not to worry about him. “I have enough for a Diet Coke, [...]

GE Capital, a subsidiary of General Electric has reposessed the private jet 101, from Jon Asgeir Johannesson and Ingibjorg Palmadottir. According to Channel 2 news, the Dassault Falcon jet is valued at two and a half billion ISK. So they’ll have to do with Business Class for now.

First they tried to stop Wikileaks from publishing this and then the solvency committee of Kaupthing managed to get a ruling against the State Broadcasting News from talking about the findings. Absolutely useless, the information is already everywhere and only confirms what people have been asking, yes Kaupthing like the other Icelandic banks was used [...]