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Economic Disaster Area: What Is Going On In Norway? (October 10th, 2009)
What on earth are Sigmundur David Gunnlaugsson and Hoskuldur Thorhallsson of the Progressive Party, doing in Norway?

The official spin is that they are explaining the economic situation in Iceland, and perhaps fishing for a loan without IMF's conditions.

But why are two managers of a failed Icelandic hedge fund in the podium with them? Boreas Capital which has ties with Landsbankinn and is run by close friends of Bjorgolfur Thor.

And why is the hedge fund registered at the same address as an investment company owned by Sigmundur David's father?



En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Sun Mar 7th, 2010 at 06:24:08 PM EST
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