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Those of a nervous disposition.......

shown73
Posts: 1,268 Forumite


Does it mean anything? Who knows, but buried in the sports pages of todays Times is a short article re the takeover of West Ham football club, and, more importantly, the people behind it. Prominent among these are certain Icelandic gentlemen, one of whom is named Gudmundson. This enormously wealthy fellow, has somewhat of a checkered past, which includes being charged with 450, (yes,450!!) criminal offences, including embezellment and fraud, relating to the collapse of Iceland's second largest shipping line. Result was a 12month suspended sentence.
You have probably guessed what's coming next. One of his present companies owns 40% of Landesbanki, and indeed in another bank as well. There is a school of thought that all bankers are crooks, I suppose, but most of them seem to be a bit more discreet. Perhaps the past is irrelevant, but it just leaves a bad taste in the mouth somehow, and the lingering doubt as to whether I have done the right thing in trusting them with my wedge, such as it is. How all this affects West Ham heaven knows, not at all, I should think, but good luck to them anyway.
You have probably guessed what's coming next. One of his present companies owns 40% of Landesbanki, and indeed in another bank as well. There is a school of thought that all bankers are crooks, I suppose, but most of them seem to be a bit more discreet. Perhaps the past is irrelevant, but it just leaves a bad taste in the mouth somehow, and the lingering doubt as to whether I have done the right thing in trusting them with my wedge, such as it is. How all this affects West Ham heaven knows, not at all, I should think, but good luck to them anyway.
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Lets hope he embezzles West Ham and they get relegated0
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