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BBC's Peston on Iceland !

http://www.bbc.co.uk/blogs/thereporters/robertpeston/

I know its been talked about no end, but the situation changes on an almost daily basis at the moment, this article is from today, read...make up ur own mind ..
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Comments

  • Yes, it's been talked about no end. There is more than 1 active thread about Iceland. So I find this one quite unnecessary. Cut out the scaremongering, unless you actually want a run on the Icelandic banks?
    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%
  • I warned of this last week in a previous thread.I got shot down by a few posters for scaremongering but I decided to close all my Icesave accounts this week. I just can't see why anyone would want all the hassle of the joint compensation schemes in place.
    Icelandic banks also took a huge hit when XL Airways went bust ! Your all grown up enough to make your own decisions on this one.
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    Yes, it's been talked about no end. There is more than 1 active thread about Iceland. So I find this one quite unnecessary. Cut out the scaremongering, unless you actually want a run on the Icelandic banks?

    Who is "Scaremongering" .. me ? nope ive just posted a link to a current news Item, you are clearly more informed than the Highly respected Mr Peston are you ?? Nope didnt think so ....
  • I didn't claim to be. But opening endless threads on Iceland's most certain doom is, in my opinion, scaremongering.

    If you read the FAQs it tells you to check whether your question/comment has already been posted. I'd advise you to try it.
    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%
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Cue even more panic amongst MSE's resident flock of sheep!!!!

    They won't be able to get any sleep now for weeks!
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • home_alone
    home_alone Posts: 755 Forumite
    Everytime I see Peston on the TV he reminds me of Peter Sellers doing his Richard 111, I see a disillusioned actor lurking there.

    gary
  • ad44downey wrote: »
    Cue even more panic amongst MSE's resident flock of sheep!!!!

    They won't be able to get any sleep now for weeks!


    No, they'll be too busy queueing outside banks, for the 9 o'clock opening to withdraw their cash!
    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%
  • br1anstorm
    br1anstorm Posts: 215 Forumite
    home_alone wrote: »
    Everytime I see Peston on the TV he reminds me of Peter Sellers doing his Richard 111, I see a disillusioned actor lurking there.

    gary

    I liked Andy Hamilton's comment on Radio 4's News quiz: Robert Peston sounds like a Dalek doing an impression of Kenneth Williams... and this whole global financial crisis has been stimulated by Peston as a career move!
  • Lynt_3
    Lynt_3 Posts: 235 Forumite
    br1anstorm wrote: »
    I liked Andy Hamilton's comment on Radio 4's News quiz: Robert Peston sounds like a Dalek doing an impression of Kenneth Williams... and this whole global financial crisis has been stimulated by Peston as a career move!

    Thanks for reminding me about News Quiz.
    I forgot it was on today.
  • Jake'sGran
    Jake'sGran Posts: 3,269 Forumite
    luvpump wrote: »
    http://www.bbc.co.uk/blogs/thereporters/robertpeston/

    I know its been talked about no end, but the situation changes on an almost daily basis at the moment, this article is from today, read...make up ur own mind ..

    I listened very carefully to the money programme at 12Noon today when they were talking about Icelandic banks having problems. It seems that Icesave in particular could have a problem and what made it worse was that investors were not able to log in to the site. It's been fixed now. It was an article in The Telegraph that started it all. On the programme they did say that Kaupthing's correct name is Kaupthing Singer & Friedlander and has the same guarantee i.e. £35k as UK banks and that savers (like me) should feel secure. I will see what is reported in The Sunday Times tomorrow. The site is working as normal.
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