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.


jmb said...

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

Welshcakes Limoncello said...

I'll try that later!