Nobody’s business

Arni Mathiesen is our Finance Minister. His father was a minister and the head of a local Savings & Loan. He would control who could obtain shares in the S&L, which included a selected few local businessmen and his son.

His son became minister. The S&L’s were allowed to become plc’s which enabled their boards to transfer their equity into the shareholders pockets as dividends. The media has asked our finance minister how much his share was worth and how much he has received in dividends.

His reply is that it is nobody’s business except his own.

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2 Responses to “Nobody’s business”


  1. 1 Susan Kishner November 9, 2008 at 2:12 am

    I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

  2. 2 Barney Miller November 9, 2008 at 10:49 am

    Last week one of the local TV news channels masked the license plates of several vehicles belonging to a couple of the big names in the news. I have seen that in other capitols but never in Reykjavík.


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