Thursday, October 9, 2008

UK Anti-Terrorist Laws used against Icelandic Bank Kaupthing!

Financial Crisis: Kaupthing blames collapse on British Government

Gordon Brown and the Treasury made use of anti-terrorist laws to seize Kaupthing, Singer & Friedlander to ensure the stability of the UK financial system and to protect the interests of depositors and taxpayers.

Posted by enuii @ 09:52 PM (2090 views)
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26 thoughts on “UK Anti-Terrorist Laws used against Icelandic Bank Kaupthing!

  • This is all getting more incredible. Best arm the gunboats.

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  • Thank god they have been useful for something, I did feel a bit sorry for the Icelandic Priminster who anounced that they ‘were not terrorists’ with a bit of a hurt look on his face. Big problems for investors on Jersey with no protection and Isle of Man with £12,000 protection.

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  • has iceland got any forces other than its new mates russia…..

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  • I’m up for little war with Iceland, no better tonic for the country than seeing us flatten a little country. Its about time we did a little pillaging of our own, and set the Cod Wars once and for all!

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  • It was the Northern Rock laws they used, not anti-terrorist laws.

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  • I think they got in quick here before it comes under Russian guardianship,

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  • stillthinking says:

    I have to paraphrase this slightly, but if you covered all of Iceland in 50 pound notes, as in glued them next to each other over the whole place without any gaps, then you gave all the Icelanders who could stand up sharpened poles and told them to pick them all up….
    … It wouldn’t cover their liabilities. (got that snippet from the times but they used the example of tenners and much larger than Iceland).

    So pretty optimistic of Brown to hope they can come up with the readies. I hope he isn’t just looking for some poor little country to blame.

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  • Gorden says he will FRREEZE….ICElands money inthe UK, are we now in pantomine season?

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  • Well, I was slightly terrorised by the thought of Kaupthing going under, so I withdrew my savings a couple of weeks ago.

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  • dohousescrashinthewoods says:

    WHAT?! This is game over. This is exactly what has been shouted down over and over, just like HPC.
    THIS IS ABSOLUTELY UNACCEPTABLE.

    Who gives a fig that it was so-called anti-terror laws, the point is that the state has awarded itself utterly utterly inappropriate powers on a sick pretext and is now busying itself using those powers as it sees fit.

    Government doesn’t care about the arbitrary justification, it simply wanted the power and got it through any way it could. These “safety and security” laws will now be used with complete disregard for the ostensible imperative that was hijacked to railroad them through.

    Ladies and gentlemen, the beginning of the end was quite somd time ago. This this is now showing its naked and horrific face in plain daylight.

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  • “The bank’s high-profile investor clients have included entrepreneur Robert Tchenguiz, chef Gordon Ramsay and property developers, the Candy Brothers.”
    Our prime minister is very astute to freeze all Icelandic assets held in our country and he’s no media puppet.

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  • Iceland will as in all depressions will go and slaughter the whales to try and repair their losses. Just
    as the Japanese have in the past.

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  • Terror Laws – how convenient eh? Thin end of the wedge. They’ll be used on the public soon if people get angey and dare to threaten the govt. Scary but totally expected. We’re truly seeing what ‘they’re’ capable of.

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  • funny wars we have with Iceland – the cod war, now this.

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  • planning4acrash says:

    Dohouse. Finally, somebody states the truth, that tyranny comes from government gone rogue. But we all need to wake up and decide to push our own agenda, once we understand the one they are pushing us towards and after we have rediscovered universal values like family, health, freedom and liberty.

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  • P4C

     Absolutely and Exactly.

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  • By the way, there are a number of covert hostile psychological types posting on here. Are they from number 10 or 11?

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  • dohouses & p4ac – but this is minor compared with the horrors that states have perpetrated over the past few years.

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  • Like many people I can remember the 80s and the UK living under the heel of Thatcher. Even though times were hard, millions unemployed, the threat of nuclear war and the Miners Strike etc at least there was a real sense of community about this country. Over the past 20 years we’ve sold our sense of community cheaply at the high street and in the mall. I think as times get harder many decent people will start to realise the folly of eternally chasing more and more, largely useless, consumer items and some sense of community ‘we’re-all-in-this-together’ (and not since World War II has everyone in this country been in the same boat at EXACTLY the same time) spirit will return. The biggest problem will be the State will try and find things to keep people occupied rather than organised. They need the British people united against something (terrorists, Icelandic banks, who knows?) but anything other than the real enemy, the State.

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  • fahrenheit451 says:

    WELCOME TO WORLD WAR “FOUR AND A HALF”

    As has been said before, this is the new global war. We are just seeing the edge of what has been reported, bit like censored correspondents in a traditional theatre of war. What is remarkable is that gaps in the information available through the press are a bit like radar camouflage zones.

    So which pieces are missing, well to start with anything from the Soviet Block and China.

    Alas for the Chinese curse “May you live in interesting times”. This is going to get a bit more “interesting” yet. And the crystal ball has gone ballistic, “the best firewall is a pair of scissors”.

    On the other hand the “fall-out” from all of this is also interesting. The European Bank may come out as a very formidable force for the good, especially in the absence of “reasonable” local governmental controls (FSA and common sense). The Euro though, as a currency, may descend into the myths of time, for the time being.

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  • Eternal Sceptic says:

    1984 and brave new world suddenly becoming reality. Probably have to be chipped to access your bank account shortly. Control freaks are ruling the world.

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  • Please drive within the speed limits. Beware yellow boxes with cameras!

    It won’t be long before fine enforcement is linked to anti-terrorist laws.

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  • Yes it was TERROR LAWS used against ICELAND, actually. To use terror laws like this is really illegal. The UK are not doing themselves any favours.

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  • “It won’t be long before fine enforcement is linked to anti-terrorist laws.”

    no more parking attendants or traffic wardens

    we already have “Civil Enforcement Officers” honest.

    some are baliffs

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  • 10. titaniccaptain said…
    Who was it that said that the state should fear its people not the other way around?

    Not sure, but I think he died in mysterious circumstances.

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  • Icelandic Guy says:

    The Icelandic government had all intensions to cover the Icesave accounts, you prime minister is the one lying so he can blame Iceland for the economy in the UK. Don´t be so stupid.
    By the way in Iceland we have about 50 people who owned the banks if not less. Rest of us are loosing our houses, jobs, cars and our way of life. And we had nothing to do with how the world is today. We don’t sleep at night afraid of when we will be kicked out on the streets because our loans have become much more than our house is worth.
    Also the banks going under has nothing to do with dept, the reason is the lack of currency in the country just as is happening in you country. Kaupthing bank would not have gone under if the UK government had not frozen there assets. So get a grip, stop using Iceland as a scapegoat, 95% of the population is hurting, and the 5% that have money are now spending them in the UK.

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