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icesave where is Martin?

where is Martin when we need him to come and help or assure us as best he can ?

Comments

  • Patr100
    Patr100 Posts: 2,805 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Give the guy a break . Do you think he isn't on the case? The situation is changing by the minute, he doesn't want to do a Peston and post before all the facts are clear.
  • EagerLearner
    EagerLearner Posts: 4,976 Forumite
    He's HERE just a few threads under yours, having written his message late last night.
    MFW #185
    Mortgage slowly being offset! £86,987 /58,742 virtual balance
    Original mortgage free date 2037/ Now Nov 2034 and counting :T
    YNAB lover :D
  • ~Chameleon~
    ~Chameleon~ Posts: 11,956 Forumite
    10,000 Posts Combo Breaker
    Give him a chance!!!! He's been at the GMTV studios earlier this morning and is no doubt incredibly busy gathering FACTS before he can make any further announcements on here or elsewhere :rolleyes:
    “You can please some of the people some of the time, all of the people some of the time, some of the people all of the time, but you can never please all of the people all of the time.”
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    It's not Martin who should be reassuring people, it's our Govt.
  • st wrote: »
    where is Martin when we need him to come and help or assure us as best he can ?




    http://forums.moneysavingexpert.com/showthread.html?t=1187811&page=12


    View Single Post
    Yesterday, 9:14 PM
    #224
    MiserlyMartin
    MoneySaving Stalwart
    Join Date: Feb 2004
    Location: North Bucks
    Post Count: 705
    Thanked 197 Times in 120 Posts

    So cutting through the confusion:

    1. We are protected up to 50k via the FSCS
    2. This may be slow to adminster because this is run by the treasury (buffoons at the government)
    3. We might also lose the interest which is the whole point in putting the money away in the first place

    So therefore if one can pre-empt a bank going under it would be wise to move out to save the hassle of the above?
    And where to that is paying a good rate but is safe?

    Last edited by MiserlyMartin : Yesterday at 9:18 PM.
  • MSE_Martin
    MSE_Martin Posts: 8,272 Money Saving Expert
    Part of the Furniture 1,000 Posts Combo Breaker
    I'm right here... on the phones... digging :( . There's a note going in the forum in a minute to direct the right info. We are constantly updating the Are your savings safe guide and at 7am this morning I added an icelandic section.

    That is our primary place for explanations and the weekly e-mail - so I will be putting things in there not here.

    Martin :)
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
  • AQAddict
    AQAddict Posts: 18 Forumite
    Patr100 wrote: »
    Give the guy a break . Do you think he isn't on the case? The situation is changing by the minute, he doesn't want to do a Peston and post before all the facts are clear.

    "do a Peston" - haha, I love it! I think this should become an official credit crunch phrase. Anything to combat the BBC's beloved descending red graph animations. I've got my (student and therefore pitiful and therefore under the £16,500 mark, erk) life savings tied up inIcesave until March 09. I know it's concerning for one and all, but I've realised there's literally nothing I can do about it, however much it scares me, and mass speculation can so easily drown out the few emerging facts. Still, I commend this forum for allowing people to voice their concerns and know that they're not alone.
  • Hey guys

    The sites Savings Safety article is currently getting updates hourly or more, so thats the first place to look for any new info.

    Dan
    Former MSE team member
  • SouthCoast
    SouthCoast Posts: 1,985 Forumite
    This website is based on journalistic research. It does not
    constitute financial advice. Any information should be considered
    in regard to specific circumstances. All tips are followed at your
    own risk and should be followed up with your own research .

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