Geir Waage
Encyclopedia
Geir Norten Waage is a Norwegian
politician
for the Norwegian Labour Party
.
Since 2007 he is the mayor
of Rana
. Waage was one of the four mayors that fronted his municipality and seven others in the Terra Securities scandal
.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
for the Norwegian Labour Party
Norwegian Labour Party
The Labour Party is a social-democratic political party in Norway. It is the senior partner in the current Norwegian government as part of the Red-Green Coalition, and its leader, Jens Stoltenberg, is the current Prime Minister of Norway....
.
Since 2007 he is the mayor
Mayor
In many countries, a Mayor is the highest ranking officer in the municipal government of a town or a large urban city....
of Rana
Rana, Norway
Rana is the second largest municipality in Nordland county – and the third largest in North Norway – by population. By area, Rana is largest in Norway south of Finnmark , taking in large areas of mountains and forested valleys. It is part of the Helgeland traditional region...
. Waage was one of the four mayors that fronted his municipality and seven others in the Terra Securities scandal
Terra Securities scandal
The Terra Securities scandal was a scandal that became public in November 2007. It involved highly speculative investments by eight municipalities of Norway in various hedge funds in the United States bond market. The funds were sold by Terra Securities to the municipalities, while the products...
.