Sigurður Einarsson (economist)
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Sigurður Einarsson (economist)
Sigurður Einarsson (born 19 September 1960) is an Icelandic economist, businessman, and one-time chairman of the failed bank Kaupþing, and has been called 'Iceland's most controversial banker'. He was among the so-called Icelandic 'raiding Vikings' ('' útrásarvíkingar'') until the 2008–2011 Icelandic financial crisis, being paid an average of twelve million Icelandic krónur per month in 2007. In a statement which he issued on October 9, 2008, he attributed the collapse to Kaupþing to a 'chain of events which no-one foresaw or could have controlled' ('atburðarás rsem enginn sá fyrir eða gat haft stjórn á'). The UK newspaper ''The Observer'' reported that Sigurður, together with other employees of Kaupþing, were suspected of criminal conduct, and in March 2013, he was indicted in Reykjavík 'with orchestrating five large-scale market manipulation conspiracies', in what was the largest prosecution related to the 2008 Icelandic financial crisis so far. Life Sigurður ...
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Kaupþing
Kaupthing Bank (, ) was a major international Icelandic bank, headquartered in Reykjavík, Iceland. It was taken over by the Icelandic government during the 2008–2011 Icelandic financial crisis and the domestic Icelandic-based operations were spun into a new bank ''New Kaupthing'', which was subsequently renamed Arion Banki. All the non-Icelandic assets and debts remained with the now defunct Kaupthing Bank. Prior to its collapse, it also allegedly loaned money to various parties with the purpose of buying Kaupthing shares. Prior to its collapse, Kaupthing Bank operated in thirteen countries, including all the Nordic countries, the Netherlands, Belgium, Luxembourg, Switzerland, the United Kingdom and the United States. It was the seventh-largest bank in the Nordic countries in terms of market capitalization. The bank had employed over 3,300 people with 36 retail branches in Iceland. As of 31 December 2007, the bank had a total assets of €58.3 billion. In 2006, it ranke ...
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Iceland Stock Exchange
The Nasdaq Iceland, formerly known as the Iceland Stock Exchange (ICEX) ( ), is a stock exchange for Icelandic bonds and equities. Companies in sectors such as retail, fishing, transportation, banking and real estate are listed on the exchange. Because of the small size of the Icelandic economy many of the stocks traded on Nasdaq Iceland are relatively small and illiquid. History The Iceland Stock Exchange (ICEX) was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the Central Bank of Iceland. Trading began in 1986 in Icelandic government bonds with the central bank as the market maker. The first electronic trading system was launched in 1989 and trading in the first equities started in 1991. Equities trading increased rapidly thereafter and in 1999 there were 75 listed companies on the stock exchange (51 on the main list and 24 on the growth list). A new law passed by the Icelandic parliament in 1998 required ICEX to be chan ...
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Icelandic Prisoners And Detainees
Icelandic refers to anything of, from, or related to Iceland and may refer to: *Icelandic people *Icelandic language *Icelandic orthography *Icelandic cuisine See also * Icelander (other) * Icelandic Airlines, a predecessor of Icelandair * Icelandic horse, a breed of domestic horse * Icelandic sheep, a breed of domestic sheep * Icelandic Sheepdog, a breed of domestic dog * Icelandic cattle Icelandic cattle ( ) are a breed of cattle native to Iceland. Cattle were first brought to the island during the Settlement of Iceland a thousand years ago. Icelandic cows are an especially colorful breed with a wide variety of colours and marki ..., a breed of cattle * Icelandic chicken, a breed of chicken {{disambig Language and nationality disambiguation pages ...
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1960 Births
It is also known as the " Year of Africa" because of major events—particularly the independence of seventeen African nations—that focused global attention on the continent and intensified feelings of Pan-Africanism. Events January * January 1 – Cameroon becomes independent from France. * January 9– 11 – Aswan Dam construction begins in Egypt. * January 10 – British Prime Minister Harold Macmillan makes the "Wind of Change" speech for the first time, to little publicity, in Accra, Gold Coast (modern-day Ghana). * January 19 – A revised version of the Treaty of Mutual Cooperation and Security between the United States and Japan ("U.S.-Japan Security Treaty" or "''Anpo (jōyaku)''"), which allows U.S. troops to be based on Japanese soil, is signed in Washington, D.C. by Prime Minister Nobusuke Kishi and President Dwight D. Eisenhower. The new treaty is opposed by the massive Anpo protests in Japan. * January 21 ** Coalbrook mining disaster: A coal mine ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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Ármann Þorvaldsson
Ármann Þorvaldsson (born in Reykjavík in 1968) was an Icelandic badminton player and was the UK CEO of Kaupthing Bank at the time of its collapse in 2008. Early life Ármann graduated from Fjölbrautaskólinn í Breiðholti in 1989, taking a BA in history from the University of Iceland in 1992 and an MBA at Boston University in 1994. He married Þórdís Edwald; both played badminton at an international level. Banking career In 1994, Ármann joined the Icelandic company Kaupthing as Director of Planning and Budgeting, subsequently serving as managing director of investment banking from 1997 to 2005. He became a director of Kaupthing Singer & Friedlander Group PLC on 26 July 2005, and on 25 October 2005 he became CEO of Kaupthing Singer & Friedlander Group PLC (formerly, Singer & Friedlander Group PLC) at Kaupthing Bank hf. After the collapse of Kaupþing, Ármann wrote an autobiographical account of Iceland's boom and the 2008–2011 Icelandic financial crisis The Icel ...
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Aurora Velgerðasjóður
An aurora ( aurorae or auroras), also commonly known as the northern lights (aurora borealis) or southern lights (aurora australis), is a natural light display in Earth's sky, predominantly observed in polar regions of Earth, high-latitude regions (around the Arctic and Antarctic). Auroras display dynamic patterns of radiant lights that appear as curtains, rays, spirals or dynamic flickers covering the entire sky. Auroras are the result of disturbances in the Earth's magnetosphere caused by enhanced speeds of solar wind from coronal holes and coronal mass ejections. These disturbances alter the trajectories of charged particles in the magnetospheric Plasma (physics), plasma. These particles, mainly electrons and protons, Electron precipitation, precipitate into the upper atmosphere (thermosphere/exosphere). The resulting ionization and Excitation (magnetic), excitation of atmospheric constituents emit light of varying color and complexity. The form of the aurora, occurring w ...
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