Wednesday, April 2, 2008

Icesave safe?

Why Iceland melts under weight of dancing bears

Iceland has declared war on bears, not the fur-clad ones but financial spivs which Geir Haarde, the Icelandic prime minister, believes are out to wreck the country's banking system.

Posted by david20040_0 @ 09:10 PM (1095 views)
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5 thoughts on “Icesave safe?

  • Cheekie Charlie says:

    I’ve just transfered my money from this lot. There’s no smoke without and I don’t want to be in a position to “try” and reclaim my money under the host country’s compensation scheme before the FSCS will refund the balance. I think it’s better to settle for a little less savings rate. Besides the pound losing value, if all your savings are eventually going to purchase a house then my savings returns will be the the net interest from the account plus the fall in house prices. I think by the end of the year this will equate to 5 + 10% = 15% return taxfree. I think this is safer than gold, euro accounts etc.

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  • do they need any help to wreck it? I thought the banks had done a good job of that already…

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  • it_is_going_with_a_bang says:

    What a load of rubbish. They’re only targets because they are in the s***.

    Then having a go at the very free market they want when its not going good is typical.

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  • waiting for the crash says:

    Side comment on Iceland – I’ve been to Iceland and when I got on the plane to Iceland that had just come from Iceland I thought the plane smelled of eggs and fish. After I had been to Iceland I can understand why.

    They hunt whales! This could stir the arguement.

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  • I thought they just sold frozen pizzas and sara lee gateaux.

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