25% of Iceland voters don't want Icesave cash repaid to British savers

The high interest probably wasnt that much of a give away. I dont think they paid double what uk banks did, it was like 1% more maybe. Egg for example is an american bank and very nearly collapsed, it used to be british but not recently
 
Cemetery said:
The icelandic banks were signed up to the same code as UK banks to guarantee I think £35k per person but refused when it turned out that they would have to which is when our government stepped in. Should never have been a gamble saving in those banks.
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isn't that only to people who live in the country.
 
silversurfer said:
They were registered as uk banks, egg is a uk bank but a usa company. They could not advertise as a bank here otherwise
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But were they the uk bank? Just because they have uk banks, does not mean the money was in the uk branches.

My understanding was these where Icelandic banks and as such not covered by the Uk government. but they still paid. Ignoring economic reasons if you put your money in foreign companies and it is not contractually secured then you are gambling.
 
In the same way as I don't fully comprehend why we bear own own banks disgraceful losses, I can sewe why the Icelandic people wouldn't want to bear their banks losses also.

I have no idea how this can 'sicken' you. Were you delighted when we stepped in with hundreds of billions to save our own private banks? If so then why don't you sent me £24000 and take my part of that tax burden off me, I'm sure it'll be worth a fortune to you eventually.....
We floated banks which continue to act as private institutions, and we see no benefit from this floating. The icelandic people allowed the institutions to collapse, and don't wish to follow our wonderful methology of giving the banks as much cash as they want, and thus by extension don't want to give british investors their money back, that is, people who invested their money outside of the country and indeed outside of europe.

Frankly, no matter what 25% of the icelandic people think, the folks are getting their money back and should be delighted to be seeing any of it. Thye had been told that money was gone for good.

Statistics are a funny thing. If I asked you, should the british taxpayer be liable for the collapse of a company trading abroad and should you repay anyone who has invested with that company, what would your answer be? I'd say of Joe Public at least 25% would say no. It all how the figures are reported, try to be 'sickened' by things you can change, such as local politics, rather than rant at foreign countries like we're not a ^&$hole ourselves.
 
I dont see a problem with this, they are right, its not their fault its the banks. The repayments should be made from bank profits, not the Icelandic people taxes.
 
Fine. We'll just invade and seize assets. Doesn't bother me, could sweep them aside in 24hrs what with them having no standing army and all. Not like we haven't been there before in force :D.

Thing is, this survey is pointless. As of course the population don't want to pay it back. Since when has Joe Bloggs (or Jóe Blógansson) been sensible!??!?!? Democracy is ****.

ChroniC said:
I dont see a problem with this, they are right, its not their fault its the banks. The repayments should be made from bank profits, not the Icelandic people taxes.
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And £850 BILLION of our money has gone to the banks. So...?
 
meghatronic said:
Fine. We'll just invade and cease assets. Doesn't bother me, could sweep them aside in 24hrs what with them having no standing army and all. Not like we haven't been there before in force :D.

Thing is, this survey is pointless. As of course the population don't want to pay it back. Since when has Joe Bloggs (or Jóe Blógansson) been sensible!??!?!? Democracy is ****.


And £850 BILLION of our money has gone to the banks. So...?
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To come back to us! No, im not in the know enough to understand where that went. I assumed, it was basically, our own money bailing us out, with a similar system of payback from profit.
 
AcidHell2 said:
My understanding was these where Icelandic banks and as such not covered by the Uk government. but they still paid. Ignoring economic reasons if you put your money in foreign companies and it is not contractually secured then you are gambling.
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This. Gambled and lost. Not the fault of the Icelandic people, the Icelandic Government or indeed the Icelandic Banking system.
 
Sonea Fifer said:
Where would all the mum's go? :eek:
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Heheehe :)

ChroniC said:
To come back to us! No, im not in the know enough to understand where that went. I assumed, it was basically, our own money bailing us out, with a similar system of payback from profit.
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I thought we as a nation bought shares in various banks that when they are worth something again will be sold for profit.
 
The Icelandic banks, were required by European and UK law to provide an insurance scheme to operate in the UK. That's our basic beef with Iceland.
 
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