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They manipulated the Glitnir from the inside, and loaned themselves lots of money,and with little or no sequrities.
The E-mails , that have been published , says it all.
One of the senior executives ,says in his e-mail " I must admitt that is dont understand why we dont just loan Pálmar two billion kronas to put in a Cayman account, before he goes banckrupt.And not go into the Goldsmith exersice"
Looks like that the CEO´s of Glitnir Bank where having a good day at the bank.
Photo: left: Jón Ásgeir
center: Pálmi
Right: Lárus Wielding
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