UK hedge fund reported to Icelandic and UK authorities | IceNews icenews.is - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from icenews.is Daily Mail and Mail on Sunday newspapers.
Kaupthing bank that collapsed during the great meltdown of 2008, is now in the news for other reasons. Nine senior executives, including former executive chairman Sigurður Einarsson, have been charged in Reykjavik, for allegedly manipulating markets by using the bank’s own funds to buy Kaupthing shares in the hope of propping up its price.