Icesave - Martin Lewis Should Resign!

hollydays

Don't feel the need to "justify "or explain why I am up at 3am.
Sanctimonious "..stay up all night without any good excuse.." ok Dad.
I have not defended anyone in this thread but you are not helping yourself by getting abusive on a forum to anyone and everyone.Even after your tirade I do sympathise with your plight,but not with your way of expressing yourself.

Fella

NonGeographicalMan wrote: »

Surely someone who makes over 5,000 posts in a web forum and who is so addicted that they stay up all night without any good excuse (unlike me who has just lost over £30k and doesn't have many other cash savings) is in position to make sanctomonious comments about harnessing their emotions in a constructive way.

Those who think that tomorrow will bring news that all Icesave savers will get their money back with no problems are totally deluding themselves.

My last post before another attempt to sleep.

You haven't lost anything yet. And hopefully you won't.

And you certainly won't lose "over 30K": You posted before that you had less than £35K with Icesave - & everything above approx £16K is covered by the "normal" FSCS.

So your maximum possible loss is £16K? (which I agree would be horrible). However, like I said before, it's most unlikely you'll lose anything for the simple reason that this Government won't want to lose 300,000 votes in an election year.

Without wishing to sound patronizing, walk away from your keyboard for awhile, there's nothing to be gained on this forum right now, no-one will have any useful news before tomorrow.

NonGeographicalMan

Fella wrote: »

So your maximum possible loss is £16K? (which I agree would be horrible). However, like I said before, it's most unlikely you'll lose anything for the simple reason that this Government won't want to lose 300,000 votes in an election year.

Have you not heard of the sad case of Equitable Life in which my mother had a part of her pension (now moved elsewhere but after significant losses in doing so)

Labour doesn't care about the affluent middle classes getting screwed (their stereotypical profile of those in Icesave as its "abroad"!) and only rushes to defend the jobs and savings of cloth cap wearing whippet walkers up north who can be relied on to vote Labour.

Without wishing to sound patronizing, walk away from your keyboard for awhile, there's nothing to be gained on this forum right now, no-one will have any useful news before tomorrow.

I was about to do that as I have let off all the steam and will now relapse quietly in to despair. No doubt my lifetime ban from the main architect of my misfortunes awaits me in the morning. Unless of course he can show he is a bigger man than I imagine him to be and so that he can take it on the chin.

hollydays

NonGeographicalMan wrote: »

Have you not heard of the sad case of Equitable Life in which my mother had a part of her pension (now moved elsewhere but after significant losses in doing so)

Labour doesn't care about the affluent middle classes getting screwed (their stereotypical profile of those in Icesave as its "abroad"!) and only rushes to defend the jobs and savings of cloth cap wearing whippet walkers up north who can be relied on to vote Labour.



I was about to do that as I have let off all the steam and will now relapse quietly in to despair. No doubt my lifetime ban from the main architect of my misfortunes awaits me in the morning. Unless of course he can show he is a bigger man than I imagine him to be and so that he can take it on the chin.

Oops! There's my sympathy just evaporated.
Goodnight,try to get some sleep.

CTID_2

what a [EMAIL="pr@t"]pr@t[/EMAIL]!!

I can understand anger, but please vent it elsewhere. For the record, I have more than your 35k invested, so I do know what you are going through, but petulant toddler tantrums doesn't help anything.

chiefgoobster

Surely people are in control of their own destiny and are adult enough to make their own decisions about where to invest their cash ?
If Martin told you to put your hand in the fire, would you ?
Perhaps we should all keep what money we have in a biscuit tin in the cupboard like old people do/used to do. Or leave it under the matress until the dust settles.

On another note ......I wonder how many times Sarah has nudged Gordon this week and said " Oi you dork, get up early today and stop dithering ".

Captain_Mainwaring_2

I swear I shall kick the dog if I hear another "if Martin" or "Martin suggests" or any other grimace making comment involving that man's name. It's like a schol playground and I am beginning to wonder just how many people have acted on his "advice" - frightening.

edwinac_2

NonGeographicalMan wrote: »

Labour doesn't care about the affluent middle classes getting screwed (their stereotypical profile of those in Icesave as its "abroad"!) and only rushes to defend the jobs and savings of cloth cap wearing whippet walkers up north who can be relied on to vote Labour.

I am very sorry for you. Don't fret too much just yet. It's early days.

As for Lewis, he is just one man though, and one man a forum does not make.

I've no particular affinity to the Labour Party, but I think you should recognise the nature of the crisis facing depositors today. It has nothing to do with the Labour Government. And I would say the same if the Tories were in power - it wouldn't be their fault either.

This crisis is global. All politicians are puppets. Liberal parliamentary democracies are an illusion, a "false dichotomy".

That said, I have quite a lot of respect for Alastair Darling. He's been in the cabinet a long while. He knows the ropes better than those jeering at him from the side lines. If anyone deserves a little encouragement, it is Darling!

Tomorrow may bring better news for everyone... Bon nuit!

NonGeographicalMan

edwinac wrote: »

This crisis is global.!

But principally it started in the UK and the USA where the culture of people at the top getting as much as they can out of a company in the good times and then suffering no financial penalty in the bad times appears to be at its peak.

if directors of a company were financially ruined if it failed as they were responsible for a good chunk of its debts then none of them would take the crazy risks they presently take in order to get the highest possible short term salary bonus.

stebiz

And my SIPPS has lost about 50% of its value in the last 12 months. Blame Martin for highlighting the benefits of SIPPS, not a chance! These times are unique. Nobody could have seen this happening. Hopefully in the long term my pension will make some gains. And by the way I'm up because I am an insomniac.

I feel sorry for you if you potentially lose money. But aim your wrath at the '[strike]w[/strike] bankers who caused all this in the beginning. Not Martin.

Stebiz