Kaupthing hf

Kaupthing Hf payments

Posted 20/02/2009 - 03:55 by sami

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I'm not sure what this news means on http://newsfrettir.com/ but perhaps someone could have a read. It is undated, so I have no easy way to tell when it was reported.

Parental Guarantee- Iceland Court imposes Moratorium on claims

2008-11-24 22

Found this under German Depositors, but feel it very significant to all:

"But today came the cold shower while reading the kaupthing.com news:

http://kaupthing.com/pages/164?path=K/133944/PR/200811/1272546.xml

Kaupthing Bank hf. granted a moratorium"

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question 3 in the pretty "fishy" KS&F promo brochure sent to DBS depositors

Posted 17/11/2008 - 17:57 by felosleet

2008-10-20 (All day)

May I quote the following from a brochure I received in early 2008 from Aidan Doherty giving soothing reassurances to erstwhile Derbyshire Offshore clients. Its cover featured a schoal of tiny fishes circling a white light!!

"Q3: WHAT KIND OF SECURITY WILL KAUPTHING PROVIDE FOR INVESTORS' MONEY?

Kaupthing Bank hf. the Bank's ultimate parent will provide a parental guarantee which replaces the parental guarantee from Derbyshire Building Society from date of completion, meaning that customers can continue to have peace of mind regarding their deposits."

As a lay individual with no special banking knowledge I believe I was entitled to rely on this unequivocal statement of assurance. As far as I was concerned, I had been a client of DBS Offshore for several years and had no reason to disbelieve the literature sent to me about the sale.

I realise this text may have been discussed before BUT thought it useful for members to have memories refreshed.

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Boss of Kaupthing hf, Sigurder Einarsson, bought a £10.5million mansion in London months before collapse.

2008-11-01 (All day)

The Sun - 15 Oct 2008

THE boss of Icelandic bank Kaupthing, Sigurder Einarsson, bought a £10.5million mansion in West London — just months before the bank collapsed. He paid £2.5 more than the asking price - for a quick sale! And it was financed by his bank Kaupthing! OMG

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Iceland's Kaupthing misses coupon payment on Samurai

Posted 21/10/2008 - 14:27 by neilbkk

2008-10-21 (All day)
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