Saturday, September 29, 2007

[tongue twisters] best of icelandic business

As the header suggests, the idea with this post is to say the names aloud to yourself after a whisky or eight. That's all - the story's actually quite banal:

Hannes Smarason and Jon Asgeir Johannesson, CEO of the Baugur group will both be sitting on the board of Straumur-Burdaras Investmentbank after FL group bought a 24% share.

This brings three of the most powerful men in Icelandic business together on the board of Straumur-Burdaras because Bjorgolfur Thor Bjorgolfsson is the chairman of Straumur-Burdaras.

Bjorgolfur and his father Bjorgolfur Gudmundsson are the main shareholders of Landsbankinn while FL-group is one of the main shareholders of Glitnir bank.

2 comments:

jmb said...

Seems like nepotism to me.
Sorry didn't want there to be zero again!

Welshcakes Limoncello said...

I'll try that later!