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Anglo Irish is nationalised

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nayone
nayone Posts: 1 Newbie
in Savings & investments
ok time to take my £65k back to blighty
«13

Comments

  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    I expect that too was the UK Government's fault!
  • masonic
    masonic Posts: 27,353 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Surely if there was ever a time to take your money out, it's just passed.
  • dunstonh
    dunstonh Posts: 119,783 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    RayWolfe wrote: »
    I expect that too was the UK Government's fault!

    Dont be silly. It was Robert Peston's fault ;)
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • KorkyKat
    KorkyKat Posts: 96 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    And it was only last week that I received a letter from them stating I was no longer covered by the FSA but rather the Irish Compensation Scheme. No doubt the Leprechauns will be the next to underwrite my deposit.


    :rotfl:
  • Andrew64
    Andrew64 Posts: 425 Forumite
    It seems that the reason for this was not only the share price collapse, but also a run on deposits. I expect that was money coming home to Britain!

    http://www.ft.com/cms/s/0/964f2e9e-e33f-11dd-a5cf-0000779fd2ac.html

    I expect that we'll see a lot more of this in both Ireland and Britain.
  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    dunstonh wrote: »
    Dont be silly. It was Robert Peston's fault ;)
    You could be edging to the truth. I may have been a conspiracy between RP AND the Government ... perhaps even involving the CIA.
    Gotta be a possibility!
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    My first thoughts are to keep my cash in as I have a 2 year bond earning 7%. I am thinking as it has been taken over that my cash is fairly safe, does anyone have other opinions?
  • bryanb
    bryanb Posts: 5,030 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If I had a Post Office bank account I'd be forming a queue, different name of course but same economy.
    This is an open forum, anyone can post and I just did !
  • gozomark
    gozomark Posts: 2,069 Forumite
    Deposits with Anglo Irish are even safer now than they were yesterday, and they were safe yesterday
  • bryanb
    bryanb Posts: 5,030 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    gozomark wrote: »
    Deposits with Anglo Irish are even safer now than they were yesterday, and they were safe yesterday

    Tell that to the iceland savers in Guernsey. Also to the County councils (us) who invested in the Icelandic bubble.
    This is an open forum, anyone can post and I just did !
This discussion has been closed.
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