If you’re advocating legalising insider trading, then I suspect your moral compass has broken. Do you also hear God’s voice coming from traffic lights? And your thoughts seem to come out of the TV?

I am sorry but insider trading (even though it is common) is considered an offense everywhere.
There are lots of reasons for this: if it would be allowed people would lose confidence in the stock market.

Honestly, I would probably have done the same as mr. Gudlaugsson , but it is still an offense.

And Bromley is right: in other countries a goberment worker would not be allowed to have shares in a company he is reperesenting on behalf of his goberment.

In Holland (a country wich certainly has a degree of corruption) people who take an office in the goberment are supposed to sell their shares/ stocks in order to avoid situations like this.

Coincidental trading of shares after a confidential meeting with UK chancellor Darling where (lethal) insider information was discussed at the highest level.

What exactly has Baldur offered as a defense of his integrity in this matter when he was challenged by the journalists?

Well, obviously not you Fisy. But presumably pretty-much anyone who doesn’t hold to your position that his benefitting from knowledge gained in the course of performing his public duties is okay.

Hell, in any civilised county (and bear in mind that it’s quite possible that the UK has this same problem, I just don’t know), he should have been prevented from owning those shares. As he would have been (and here I’m on sturdier ground) if he was an accountant in the UK and Landsbanki was a client. Ethics.

And, a belief that someone is guilty is not the same as them actually being found guilty, as my posts have indicated.

>I caution you before about this kind of thinking and expressing before Brumley

It’s priceless to see you write this sort of thing. So it’s alright for you to extrapolate from the known facts about, I don’t know, let’s say Kaupthing. But not for me to about this :) .

General concept of insider trading as an offense is idiotic.

It is good idea to make sure public know when an insider has made a buy or sell of shares but having this ” insider trading ” idea as criminal offense is idiotic.

It makes good jobs for the burcrats and lawyers but protects no-one.

>But we all know that he is guilty as sin :) .

Who is this ” we “?

Unless you have seen underlying evidence of what else was out there in public domain this keeps to be a smear.

If he has done something criminal knowing the penalities then let him be bought in front of judge.

I caution you before about this kind of thinking and expressing before Brumley but because of crazy poor search feature here that cant let me search based on posters names I cant find it.

( It was in a good thread about other things too. )

But really ones who should know a * lot better * are IceNews editors.

As I said he’s innocent until proven guilty. But we all know that he is guilty as sin :) .

“Alleged insider trading Icelandic ministry worker resigns.”
is the in every way correct title for this post.

Prison may have an even more disturbing effect on his daily routine…