Friday, October 10, 2008

Gordon Browns government accused of complacency over Icelandic Banks

UK 'ignored Iceland bank warning'

Gordon Browns government has been accused of "complacency" after it apparently ignored warnings in July that Icelandic banks were facing collapse as Lib Dem peer Lord Oakeshott and Tory MP Michael Fallon both raised the issue with ministers on separate occasions.

Posted by enuii @ 10:53 PM (816 views)
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5 thoughts on “Gordon Browns government accused of complacency over Icelandic Banks

  • planning4acrash says:

    Evening Standard yesterday had the blurb: “Brown at war with City”, they failed to add “Against the British People”.

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  • To be honest, I didn’t pay too much attention to the warnings about Iceland – it didn’t seem to chime with the fact that most of Iceland’s most visible wealth is actually cash deposits, unlike UK retail banks which are esentially gambling houses.

    This is why I don’t think we should fully trust what we are hearing about Iceland’s economy from the UK government or UK media.

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  • What’s new….

    …… Every one ignored http://www.housepricecrash.co.uk for almost 5 years….

    All the bears on here are fundementally soud human beings……

    ..A Reasonable days pay for a reasonable days work….

    No surprise mainstream UK didn’t think too hard about possibly the best interest rates for years coming out of a volcanic island in the coldest part of the inhabitable atlantic for years.

    I hate the ‘kin [email protected] who’ve got us here..

    Certainly wasn’t anyone postin her ne more!!

    When we gonna meet, have a chffin good chat, no arguin’ mind, need to keep things very discreet an orderly….

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  • Its off topic, but we have *got* to meet up, as many as possible of us!

    I had an incredible chat about the economy for half an hour earlier with a work colleague, just the though of sitting in a pub or suchlike with you guy s who have made plenty of evenings quite entertaining and educational for me for so long would be a real treat!

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  • japanese uncle says:

    Convivial party celebrating the HPC coming true after all sounds nice. Need to travel a long way to London.

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