{"id":58462,"date":"2023-09-15T12:02:39","date_gmt":"2023-09-15T12:02:39","guid":{"rendered":"https:\/\/teknomers.com\/en\/a-real-trader-news-norway-overview-of-news-from-different-parts-of-the-country\/"},"modified":"2023-09-15T12:02:41","modified_gmt":"2023-09-15T12:02:41","slug":"a-real-trader-news-norway-overview-of-news-from-different-parts-of-the-country","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/a-real-trader-news-norway-overview-of-news-from-different-parts-of-the-country\/","title":{"rendered":"– A real trader – news Norway – Overview of news from different parts of the country"},"content":{"rendered":"\n

On Friday, Solberg met the press to provide information about Finnes’s share dealings. The scope and frequency of the transactions were far more extensive than Solberg was aware of, she said at the press conference on Friday. The Prime Minister’s office advised Finnes not to engage in short-term share trading. He did anyway. – He has done that even though he knew he shouldn’t do it. He also knew why he shouldn’t do it. In 2022, Sindre Finnes told Dagens N\u00e6ringsliv that the most difficult thing about being married to a prime minister is not being able to trade shares. Should be reconsidered as prime ministerial candidate Fund manager Jan Petter Sissener says that Finnes’ share trading is completely extreme. – I don’t understand that when you share a bed and dinner table with one of those people in Norway who can move share prices the most from one day to the next, that you don’t think you’re too good for this: – It’s almost a family tragedy. It could be that Erna says that she has been led astray by her spouse, then she has to clean it up. I think for H\u00f8gre’s sake, one should consider whether she is the right candidate for prime minister in 2025. Jan Petter Sissener, fund manager, says that H\u00f8gre should consider whether Solberg is the right candidate for prime minister in 2025. Photo: Martin Legland \/ news \u2013 A real trader In the list of diapers presented on Friday, it appears that Finnes had 3,650 transactions when Solberg was prime minister. Robert N\u00e6ss, investment director at Nordea, says that this is an awful lot of people. – It is a bull and bear instrument. He is a real trader. I have been a manager for several decades, and have never traded in such instruments. I am careful about buying shares and sitting on them. There is quite advanced trading here. He has bought bull, i.e. a product with high risk. Investment director Robert N\u00e6ss at Nordea says that Finnes has taken a big risk in his share trading. Photo: Nordea Espen Henriksen, financial researcher at BI, says that Finnes’ deals do not make much sense. – The textbook says that share savings are sensible and that most people should have their savings in shares. But frequent buying and selling does not make economic sense: – Here there is more than one trade per day, Saturday, Sunday, and holy days included over a period of eight years, and including buying and selling options. That’s a lot and it makes little economic sense. Similar to the Huitfeldt case Professor at NHH, Thore Johnsen says that there are many similarities between the case and the previous case with the foreign minister. – I thought that Sindre acted passively and acted little. Now it turns out that he has traded at least as intensely with so-called day trading as the foreign minister’s husband. This is Huitfeldt’s case The husband of Anniken Huitfeldt (Ap) has bought and sold shares, including in the arms manufacturer Kongsberg Gruppen, while she has been foreign minister. This summer, Huitfeldt received new information about her husband’s purchase and sale of shares. The Ministry of Foreign Affairs therefore asked the legal department in the Ministry of Justice to assess the case. According to the legal department, the Minister for Foreign Affairs has not fulfilled his duty under the ethics rules to obtain information about the husband’s financial activities. As head of the Ministry of Foreign Affairs and as a member of the government, her husband’s ownership interests will easily lead to disqualification. She should have done more to prevent herself from ending up in such a situation. Based on the response from the legal department, there is reason to believe that the Minister for Foreign Affairs has been incompetent in several cases. Therefore, she assumes that she has been incompetent in several cases while she has been foreign minister, according to the Ministry of Foreign Affairs. The legal department nevertheless finds that decisions she has made, both in the Ministry of Foreign Affairs and in the government, will be valid because she has had no knowledge of her husband’s shares, according to the Ministry of Foreign Affairs. Huitfeldt says she wants full transparency and deeply regrets that she has made wrong assessments. (Source: Ministry of Foreign Affairs) Johnsen says that Solberg should have insight into this. – They have a joint economy. He must have some insight into economic activity. Just such a thing as self-reporting and taxes. She must have some of that, but she hasn’t had the time or interest to ask: how much do you drive? Thore Johnsen, professor at NHH, says that Solberg should have insight into Finnes’ share dealings. Photo: Helge Skodvin \/ Helge Skodvin And add: – There must be limits. It is almost amazing how parallel these two issues are, and that they come to light at the same time. We can only hope that this is not something that also concerns others. Morten Kinander, law professor at BI School of Economics, agrees that there are many similarities between the cases of Flem and Finnes. Morten Kinander is a law professor at BI. – Only on a larger scale. It is not necessarily a more serious matter, it depends on whether it is inside information or not. The risk that he has used inside information increases because of the scope. Should \u00d8kokrim look into the matter? – In any case, they have got a dilemma because they said they did not want to investigate Huitfeldt. Considering the Borten Moe case, there is perhaps an expectation that \u00d8kokrim should do something.
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On Friday, Solberg met the press to provide information about Finnes’s share dealings. The scope and frequency of the transactions were far more extensive than Solberg was aware of, she said at the press conference on Friday. The Prime Minister’s office advised Finnes not to engage in short-term share trading. He did anyway. – He […]<\/p>\n","protected":false},"author":1,"featured_media":58451,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[18,16,14,15,17,2342,17731],"class_list":["post-58462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-country","tag-news","tag-norway","tag-overview","tag-parts","tag-real","tag-trader"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/58462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=58462"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/58462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/58451"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=58462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=58462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=58462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}