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yesterday, as a bank collapsed.
Hows everyones day?
Better than yours, by the sound of it. Sorry to hear your news.
inheritance from grandparents.
Apparently I'll get it back off the gov. but they still havent paid people for equitable life, so what are my chances...
it was going to ING Direct?
Didn't have five grand to lose.
this is more reassuring than anything else, It was money I wasnt going to see until I'd left uni so in practical terms its not a big loss but damnably annoying nonetheless.
You will get it back, plus interest.
I have more than five grand at stake and I'm not concerned. I was two days ago, but not now.
but its not the best omen now is it?
in that iceland bank but didnt get round to it, would have been disasterous because it pays for her nursing home
sorry to hear your news.
Really, the government's guarantee to cover some of it is a panic prevention method. If we stay where we are, they might muddle through but if things get worse, there's no way they could come up with all the cash.
Nottingham City Council (my part-employer) has £42m in Icelandic banks.
A statement from Nottingham City Council read: "Encouraged by Government and in line with Treasury guidelines, Nottingham City Council has sought to maximise the value of its financial investments by investing only in a range of reputable banks that offer a good return and, to ensure the security of these investments, by investing prudently and only in banks with high official credit ratings."
no tram extension by the time ive got home then?
I been thinking - Iceland's only got a GDP of about £8billion and a population of 300,000. We should just nationalise Iceland.
How hard could it possibly be to extend the Metropolitan line to Reykjavik anyway?
but investing is long term, i'll sit tight and give it a couple of years be back in a happy position. sit tight and don't panic.
every time Bjork breaks down?
this would either be a terrible place to say I've been warning people off Icelandic banks for 6 months, or a brilliant one
Didn't you post on here that you were looking at an Icelandic bank? If you didn't someone did
I invested about 3 months ago when all was looking a little rosier. Plus they were offering a fixed interest rate which at the time seemed rather sensible.