Friday, July 31, 2009

Big money in Icelands CEO´s

According to a local newspaper ,DV,Ólafur Ólafsson of Samskip,had his money in Kaupthing in Luxemburg.
And just before the Banking Crash last fall,he moved part of it ,into Goverment Bonds.
Wekk after he did that,Kaupthing was nationalized by the Icelandic Goverment.

Now the goverment is sending out Tax returns to the people of Iceland.
The tax returns are public,so the newspapers can check out how musch money people are baing paid.
Union leaders are taking over a million kronas per month.

Hreiðar Már Sigurðsson,former CEO of Kaupthing ,had ,according to his Tax returns,35.817.597 kronas,per month.

Sigurjón Þ. Árnasson ,former CEO of Landsbanki,had 22.899.141 kronas.

The foreing exhange rate is today : 1 USD = 128 kronas
1 Euro = 182 kronas

top : Sigrjón Þ. Árnasson
middle: Hreiðar Már Sigurðsson
below: Ólafur Ólafsson

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