Inspired by Iceland

Tag Archive | "currency trading"

Suspected currency criminal building luxury home


eurosOne of the four Icelandic men suspected of large scale illegal currency speculation, the investor Gisli Reynisson, is in the process of building a massive new house near Reykjavik. Read the full story

Posted in Business, General, Iceland, International, MBLComments (21)

Icelandic banks deliberately weakened krona before collapse


glitlandsthingShort trading by the banks against the Icelandic krona amounted to around ISK 1,000 billion (USD 7.93 billion at today’s rate) right before the banking collapse in 2008, according to economist Bjarni Kristjansson. Read the full story

Posted in Business, General, Iceland, MBLComments (18)


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