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: Loan Modification & Home Loan News

Iceland arrests ex-chief of collapsed bank Kaupthing

By Moe Bedard

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The former chief executive of the collapsed Icelandic bank Kaupthing has been arrested, authorities say. Hreidar Mar Sigurdsson is suspected of embezzlement, trading irregularities, and other breaches of banking laws, the special prosecutor’s office has said. It is the first high-profile arrest since the country’s financial collapse in 2008. Mr Sigurdsson is being held by police until a [...]

Full post as published by Loan Modification & Home Loan News on May 10, 2010 (boomark / email).

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