Heh, I Saw A Cop! (In Iceland)
The Market Ticker ® - Commentary on The Capital Markets
Posted 2010-05-07 09:48
by Karl Denninger
in Editorial
Ignore this thread
Heh, I Saw A Cop! (In Iceland)
 

Gee, you mean we have a police force - even if not in the US?

Reykjavik police arrested one person, who they didn’t identify, on suspicion of forgery, market manipulation and violating the law in pursuit of personal financial gain, Iceland’s special prosecutor said in a statement.

The individual is being held in solitary confinement to protect the integrity of the investigation, the prosecutor said in an e-mailed statement. The probe is supported by information from the Financial Supervisory Authority and other data, according to the statement.

Meanwhile some SMS and email messages are starting to leak out, and they're pretty nasty.  I won't print what I have so far as I haven't been able to authenticate it, but if and when I can.....

Kaupthing’s biggest mistake was not moving the bank’s headquarters outside Iceland in 2006, when it had outgrown the island’s economy, Sigurdsson said in the interview with local broadcaster RUV.

Uh huh - you mean you didn't move the bank out of the nation so you could bribe some lawmakers and guarantee your safety from arrest?

Why is it that we can't see this sort of thing here in America?  Was not Jefferson County enough to know that these banks have stolen huge sums of money from the taxpayer?

There's plenty more, of course, but do you need more?  Is this not enough?

I think it both is and should be.

Again for the US and President Obama: STOP THE LOOTING AND START PROSECUTING!

Ps: What are immigration requirements over there again?

Discussion below (registration required to post)
 

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Comments.......
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User Info Heh, I Saw A Cop! (In Iceland) in forum [Market-Ticker]
Curbyourrisk
Posts: 3587
Incept: 2008-08-19

Farmingdale, NY
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11:46aBREAKING

DOJ charges two ex-bank officers in lender failure

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Time is up.

I hate to burst your bubble, but there is no Santa Claus, the tooth fairy does not exist and American justice does not involve the courts.
Collector
Posts: 570
Incept: 2008-10-10
Green
Plastics-Jesus
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How homogeneous is Iceland as a whole ?
Average aptitude,education ?
Education system: who runs it and is it run with underlying motives ?
How free and objective is msm news and information there ?

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Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.- Martin Luther King Jr
The business of journalist is to destroy the truth: to lie outright: to pervert; to vilify: to fawn at the feet of mammon, and to sell his country and his race for his daily bread -John Swinton
Themortgagedude
Posts: 8841
Incept: 2007-12-17
Green
saint louis
Online
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The women are hot. Everything else is extremely cold. Good luck with that one Gen.

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I'm already visualizing you with duct tape over your mouth.
Wineaux
Posts: 533
Incept: 2009-03-23
Green A True American Patriot!
pure Liquid pleasure
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We've got some Cops here in Georgia as well:


Two Former Bank Executives and Hotel Developer Charged with Frauds Relating to the Collapse of $1 Billion Atlanta Bank


http://www.sacbee.com/2010/05/07/2734951....

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What wine goes with unemployment?
Throxxofvron
Posts: 10296
Incept: 2009-02-17
Green
Hyper-Speculative Psycho-Facsistic Parabolic Blow-Off
Online
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Seems like it's getting pretty damn hot for the Pigmen up in Iceland.

Bring on the BBQ Sauce!

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DIONYSUS: " Thou hast no knowledge of the life thou art leading; thy very existence is now a mystery to thee. " -from 'The Bacchantes' By Euripides “During times of universal deceit, telling the truth becomes a revolutionary act.” -George Orwell
Bezzle
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Quote:
Ps: What are immigration requirements over there again?
Adaptability to high atmospheric concentrations of powdered glass, sulfuric acid and fluorine gas. smiley

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El Sock-Puppeto exposed and killed by Tickerguy

Schwantz
Posts: 5815
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Green
Toronto
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Iceland is #1 on my travel destination list. I will go there next spring and have already convinced two others (on separate trips since the collapse) to go there - both had a blast - really friendly people!

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When the system is corrupt absolutely you must seek representation by those who are absolutely incorruptible.
Bezzle
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Schwantz, what were your destinations there?

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El Sock-Puppeto exposed and killed by Tickerguy
Schwantz
Posts: 5815
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Green
Toronto
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I haven't gone yet, but the Iceland Air site has some good deals and package info:

http://www.icelandair.us/



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When the system is corrupt absolutely you must seek representation by those who are absolutely incorruptible.
Xarkz
Posts: 46
Incept: 2008-01-25
Green
Iceland
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The former chairman of Kaupthing refused to show up for interrogation.
(the CEO has been arrested as reported in the article, along with other managers)

So now an Interpol warrant has been issued for his arrest. He lives in London.

http://www.interpol.int/public/data/want....

:D

Xanares
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Incept: 2008-11-10
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Between Sicily and Tunisia
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I'm on to him! hehehe
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