The Word On The Street column at Eyjan.is claims to have information about the new name of the bank that was created from the ruins of Kaupthing and has been calling itself New Kaupthing for the last months. Say hello to “Nordis”!

Fashion entrepreneur Karen Millen says she would consider buying back the chain she founded if it was put up for auction by its Icelandic owners. Speculation that Kaupthing owned Aurora Fashions may be split up reignited last week after reports that Debenhams was interested in buying one or more of its businesses, which include Warehouse, [...]

When I published this, I got an interesting comment from an MP from the Progressive Party. Eyglo Hardardottir accused me of judging her party harshly, by saying that “after the shenanigans of the last two decades the Progressive Party has put itself in such a position that their ideas are automatically distrusted. That is why [...]

Ferguson, who requires round-the-clock care and needs a wheelchair and ventilator, would love to be with people more her own age – but that dream is clouded by the financial losses Naomi House suffered from the collapse of Iceland’s banking system. Naomi House is just one of scores of charities across Britain that lost a [...]

One should think that transparancy is of utmost importance for any Icelandic government since the heyday of the behind-closed-doors governance of the Independence Party and the Progressive Party. Questions remain regarding the true ownership of Magma Energy, which has now gotten its hands on valuable energy resources through a game of remiscent of previous governments. [...]

Serious Fraud Office investigators believe crucial evidence in their probe into sports retailers JJB and Sports Direct is to be found in the archives of Icelandic bank Kaupthing and are to send a team to Reykjavik to probe the records of the failed lender. From the Daily Mail

Why is DV.is picking on Hreidar Mar Sigurdsson’s mom? Could it be because it seems strange that the Kaupthing boss who justified his lavish salaries and bonuses with all the “responsibility” he had, directed the bank’s business and thereby the money of his shareholders towards his mother’s gift products business? It was extremely difficult for [...]

This much talked about video used by Kaupthing to inspire its working ants was premiered at a 2006 or 2007 annual staff day with the description “Choose Change”. The reason for the video is quite obvious, to inspire awe and a feelgood factor in the company’s staff. Fortunately Sigurdur Einarsson didn’t do a Steve Ballmer. [...]

Ottar Palsson, CEO of failed Straumur Investment Bank has written a formal apology letter, published in Frettabladid today. Ottar leads a group of Straumur top management who asked for billions of ISK in bonuses for maximising profits in the impending sale of Straumur’s assets. “In the light of the discussion from the last few days, [...]

Kaupthing S&F Isle of Man depositors with a few words of warning. Thanks Jim.