Parental Guarantee - My Opinion

Posted 04/12/2008 - 09:58 by Anonymous

This is purely my opinion on the various possible positions of the Parental Guarantee for Kaupthing hf.

  1. It a worthless piece of paper, as the guarantor no longer exists and wouldn't have the money to pay it anyway - (anyone remember a certain Mr Chamberlin in 1939 and a signed guarantee) - so it would have been put out in the open by now

  2. It is not worthless, but is fairly insignificant in the whole picture and could be displayed on our site - in my opinion it would have been by now

  3. It is not worthless, because there are legal implications within it that Qualified legal experts deem necessary to hold back on, until the time is right to expose it.

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