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kaupthing edge too risky now???

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Comments

  • Plasticman
    Plasticman Posts: 2,554 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Oblivion wrote: »
    Brilliant! Someone just remind me ... what's the current population of Iceland?

    Dave.


    Six people and a dog called Colin.
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3129742/Kaupthing-dumps-leveraged-investors.html
  • Lynt_3
    Lynt_3 Posts: 235 Forumite
    Oblivion wrote: »
    A Very Happy Birthday Lynt ... hope it was a good one, and here's to many more. :beer:


    Dave

    Thank you Dave. :beer:
  • Oblivion
    Oblivion Posts: 20,248 Forumite
    Part of the Furniture 10,000 Posts Photogenic
    Plasticman wrote: »
    Six people and a dog called Colin.


    :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: Just what I needed, a good laugh to start the day off right.

    Dave.
    ... Dave
    Happily retired and enjoying my 14th year of leisure
    I am cleverly disguised as a responsible adult.
    Bring me sunshine in your smile
  • Paul_Herring
    Paul_Herring Posts: 7,484 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    downs523 wrote: »
    i have only £700 with them

    For such a pitiful amount, yes, you're covered.

    :rolleyes:

    Yes, I realise that amount may mean a great deal to you, but in the larger scheme of things, no matter where that £700 is, you're covered.
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
  • skidder652003
    skidder652003 Posts: 17 Forumite
    I have 200k in kaupthing (house sale) and have another 200k spread around in other accounts. I am totally terrified about the next few days. I have (as I imagine have a great many others) attempted to chaps transfer the money this evening to a UK bank, but of course nothing will move untill Monday. Will the Icelandic Gov or for that matter the UK Gov let us thousands of UK savers with money and trust in Kaupthing Edge fall by the wayside?
    I wont be getting much sleep this weekend let me tell you.....
  • KTF
    KTF Posts: 4,855 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I have money in Kaupthing and am not losing any sleep what so ever. As long as they maintain their interest rate I will continue to put money in them. Only if another provider beats their rate will I switch.

    All of this is getting blown way out of proportion imo.
  • LucyTheDwarf
    LucyTheDwarf Posts: 880 Forumite
    Indeed.. the rate of my accounts is all that bothers me right now.
    Target Cash Net Worth: £25K by January 2012
    Progress     May-08     19.0%; May-09 40.0%; May-10 63.0%; May-11 58.4%; Jun-11 58.5%; Jul-11 58.9%; Aug-11 58.7%; Sep-11 59.0%
  • edwinac_2
    edwinac_2 Posts: 268 Forumite
    Oblivion wrote: »
    A Very Happy Birthday Lynt ... hope it was a good one, and here's to many more. :beer:

    Many Happy Returns on Your 50th, Lynt!
    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
    -- Thomas Jefferson
  • sadabbott
    sadabbott Posts: 85 Forumite
    Under EU law compensation for any losses incurred due to the failure of a bank should generally be paid within three months - regardless of whether it is through a passport scheme or the UK Financial Services Compensation Scheme.
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