kaupthing edge too risky now???

Oblivion

Swipe wrote: »

Another article. Rescue package rumoured:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayV1Dk7prrZU

Funniest thing I've read in ages ... just like a Monty Python sketch.

I think this has to be the best bit ...

" The money that the IMF would be able to provide would be minimal,'' Herbertsson said. We're an industrialized country, the fifth-richest country in the world per capita."

Brilliant! Someone just remind me ... what's the current population of Iceland?

Dave.

benjdr

Serious Question. If the bank won't be allowed to go bust by the Icelandic government (if worst comes to the worst), what is the point of withdrawing money?

altocumulus

Oblivion wrote: »

Brilliant! Someone just remind me ... what's the current population of Iceland?

Dave.

About equivalent to the number in your sig line....

altocumulus

benjdr wrote: »

Serious Question. If the bank won't be allowed to go bust by the Icelandic government (if worst comes to the worst), what is the point of withdrawing money?

bravo......

Lynt_3

ian-d wrote: »

I'll be taking my money out, but not because of panic, but because I can now combine it with one of my other accounts once the £50k limit comes in on Tuesday :T

I must have been living in a bubble today (well it is my birthday!) Hadn't heard that great news (not that you are taking your money out, but the 50k protection!)
:T

isofa

benjdr wrote: »

Serious Question. If the bank won't be allowed to go bust by the Icelandic government (if worst comes to the worst), what is the point of withdrawing money?

Quite, and one many of us argue every day. As per all banks in the UK too - but people panic and act irrationally - if they didn't things would be calmer.

Look at all the cash disappearing into Irish banks now: crazy!

altocumulus

isofa wrote: »

Quite, and one many of us argue every day. As per all banks in the UK too - but people panic and act irrationally - if they didn't things would be calmer.

Look at all the cash disappearing into Irish banks now: crazy!

:rotfl:A rather interesting word you have used....I hope you did not mean it literally.... :rotfl:

isofa

altocumulus wrote: »

:rotfl:A rather interesting word you have used....I hope you did not mean it literally.... :rotfl:

LOL, well you never know, their economy isn't the strongest! :beer:

damanpunk

altocumulus wrote: »

bravo......

Probably the same people who panic buy petrol and cause supply issues!

Oblivion

Lynt wrote: »

I must have been living in a bubble today (well it is my birthday!) Hadn't heard that great news (not that you are taking your money out, but the 50k protection!)
:T

A Very Happy Birthday Lynt ... hope it was a good one, and here's to many more. :beer:


Dave