September 6, 2005 - Iceland Review Skip to content

September 6, 2005

Íslandsbanki CEO makes millions speculating in the bank’s shares

Laws and regulations for security transactions are seriously flawed, says Jóhanna Sigurdardóttir, member of parliament, if key managers in financial institutions are able to buy stocks in the companies they serve, without putting down so much as a penny and make almost ISK 500 million in a period of three months.

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