And just before the Banking Crash last fall, he moved part of it, into Government Bonds.
A week after he did that, Kaupthing was nationalized by the Icelandic Government.
Now the government is sending out Tax returns to the people of Iceland.
The tax returns are public, so the newspapers can check out how much money people are being paid.
Hreià degreesar Mà r Sigurà degreessson, former CEO of Kaupthing, had, according to his Tax returns, 35.817.597 kronas, per month.
Sigurjà n Þ. à rnasson, former CEO of Landsbanki, had 22.899.141 kronas.
The foreing exhange rate is today : 1 USD = 128 kronas
1 Euro = 182 kronas
source: http://iceland-dori.blogspot.com/