23-01-2009, 09:42 PM
Quote:It would be interesting to know to whom the loans were paidOne of them was paid to Ólafur Ólafsson. He is the banks 2nd largest share holder. Another was Sheik Mohamed bin Khalifa Al-Thani (a long way from home?) who was buying 5% of the bank with the bank's money.
Quote:and whether they are required (and will be forced to repay) the loansThe risk was assumed by Kaupthing and the bank’s shareholders, but not by the debtors themselves.
Looks a bit criminal to me. :ridinghorse:
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.