Reykjavík County Court hands out severe prison sentences to four bankers

2014-06-26 23

“I’m just doing it for you guys,” Birkir Kristinsson was caught on tape saying to one of his fellow bankers at Glitnir. Kristinsson, the brother of Magnús Kristinsson – owner of fishing industries in the Vestman islands and a big borrower in the Icelandic banks – has been sentenced to five years in prison together with three Glitnir colleague two of whom also got the same prison sentence. The fourth was sentenced to four years in prison. Kristinsson has appealed and so will the three others most likely do. ...

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Holding bankers to account – Iceland leads the way

Posted 19/12/2013 - 15:18 by anrigaut

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Last week, over 5 years after the collapse of the Icelandic banks, an Icelandic court convicted 3 top Kaupthing bankers and the bank’s second largest shareholder to prison sentences of up to 5 1/2 yea

The Capo di Tutti Capi returns!

2013-12-16 (All day)

Bob Diamond, one of the most controversial bankers to emerge from the financial crisis, but the man ousted as boss of Barclays after a direct intervention by the Bank of England, is making a dramatic return to the City with the launch of a new Africa banking business. ...

With comment by Tony Shearer, ex CEO of Singer & Friedlander

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The wages of sin ... Bankers on the fiddle

Posted 01/07/2012 - 08:50 by anrigaut

2012-06-30 23


Executives and former executives of the Royal Bank of Scotland and Lloyds Banking Group are at risk of criminal action, including possible extradition to the United States, in the wake of allegations of interest-rate rigging, according to senior legal experts.

And the banks face even larger fines than Barclays' £290 million penalty over its involvement in the alleged cartel of banks that conspired to rig inter-bank interest rates.

See also unedited version on Ian Fraser's blog:

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"Wunch of Bankers" up on MySpace

Posted 15/08/2009 - 12:37 by Anonymous

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There's now a version of the new song up on the Manx Alchemy MySpace page if anyone cares to have a listen...

Wunch of Bankers.. New song

Posted 14/08/2009 - 08:14 by Anonymous

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Bit rough and ready.. but there's a version up on MySpace now at

Wunch of Bankers!

I worked for years to save enough to live the way I please

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