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Alastair Darling is going to Iceland and he is gonna kick some a55

2

Comments

  • Stompa
    Stompa Posts: 8,379 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Babycakes wrote: »
    Prime Minister Gordon Brown says the U.K. will take legal action to recover money held by British savers in branches of troubled Icelandic banks.

    Might this mean that we have to wait until the legal action is complete (i.e. several decades!) before we receive the compensation?
    Stompa
  • Stevenic
    Stevenic Posts: 74 Forumite
    I feel that people will soon be boycotting companies owned by our former Icelandic friends ;)
  • ianmr65
    ianmr65 Posts: 596 Forumite
    nachovx wrote: »
    I'd go to war with them over that, we could overrun the island in a day and take what we need - and sink their fishing fleet to teach them a lesson, then what would they fall back on? Short of a war we could seize their assets in the UK, for a start. They seem like a dispicible race of people.


    They seem to be throwing their lot in with the Kremlin (4bn euro loan, possible russian bases on Iceland...) Added to the geothermal and mineral rights could be the Gordon Brown's Falklands....
    The vision of him sitting in a tank wearing a headscarf has just flashed through my mind.
  • IT_nerd
    IT_nerd Posts: 442 Forumite
    Stompa wrote: »
    Might this mean that we have to wait until the legal action is complete (i.e. several decades!) before we receive the compensation?

    I think the UK government will bail us out. Then seek compensation from iceland.
    I actually hope they go bankrupt after this.
    I'm pretty sure after 10 years they will be stronger than ever in the emerging markets.
    Maybe then I will invest with them again :rotfl:
    Savings
    £14,200 with £1100 M.I.A. presumed dead.
  • nachovx
    nachovx Posts: 29 Forumite
    I boycotted SA goods in the days of apartheid, including Shell and Barclays for thir activities in the country - to this day I have never gone back, even though apartheid is gone. I'll be invoking a lifetime ban on any company that has Icelandic connections with immediate effect.
  • csiman
    csiman Posts: 99 Forumite
    Part of the Furniture Combo Breaker
    nachovx wrote: »
    I'd go to war with them over that, we could overrun the island in a day and take what we need - and sink their fishing fleet to teach them a lesson, then what would they fall back on? Short of a war we could seize their assets in the UK, for a start. They seem like a dispicible race of people.
    Are you half American by any chance? :rotfl:
  • Given yesterday's abandonment of depositors with Icelandic financial institutions - Icesave in the UK - I would like to advocate that as a nation we need to abandon helping the Icelandic nation by boycotting any Icelandic funded institution. The Icelandic government needs to realise that this is a global market place and they should be made to pay for their largese and abandonment of innocent savers. I would be very grateful if you pass this on to friends and family so we can collectively show the Icelandic nation that we are not a soft touch and that we view their actions as totally and wholly unacceptable. The authorities in Iceland have shown a complete disregard for all external investors including bond investors, stock investors, depositors etc. I would also like to congratulate the UK government for stepping in to ensure depositors don't lose out and especially for instituting legal action against the Icelandic authorities for failing to adhere.

    Firstly - can we all please adandon Kaupthing.

    Secondly - this is a list of other Icelandic supported institutions that we need to collectively boycott as a nation:

    Food Iceland, Whittard of Chelsea
    Department stores Illum, House of Fraser, Magasin du Nord, SOUK
    Fashion Mosaic, Coast, Karen Millen, Oasis, Odille, Principles, Shoe Studio, Warehouse, Whistles, Jane Norman, All Saints, Matthew Williamson
    Other investments Debenhams, French Connection, Woolworths, Saks
    Hamleys - Toys and Goldsmiths - the jewellers

    Good Luck and lets show some collective responsibility and stand up and show the Icelandic authorities the true spirit of Britain.
  • csiman
    csiman Posts: 99 Forumite
    Part of the Furniture Combo Breaker
    Given yesterday's abandonment of depositors with Icelandic financial institutions - Icesave in the UK - I would like to advocate that as a nation we need to abandon helping the Icelandic nation by boycotting any Icelandic funded institution. The Icelandic government needs to realise that this is a global market place and they should be made to pay for their largese and abandonment of innocent savers. I would be very grateful if you pass this on to friends and family so we can collectively show the Icelandic nation that we are not a soft touch and that we view their actions as totally and wholly unacceptable. The authorities in Iceland have shown a complete disregard for all external investors including bond investors, stock investors, depositors etc. I would also like to congratulate the UK government for stepping in to ensure depositors don't lose out and especially for instituting legal action against the Icelandic authorities for failing to adhere.

    Firstly - can we all please adandon Kaupthing.

    Secondly - this is a list of other Icelandic supported institutions that we need to collectively boycott as a nation:

    Food Iceland, Whittard of Chelsea
    Department stores Illum, House of Fraser, Magasin du Nord, SOUK
    Fashion Mosaic, Coast, Karen Millen, Oasis, Odille, Principles, Shoe Studio, Warehouse, Whistles, Jane Norman, All Saints, Matthew Williamson
    Other investments Debenhams, French Connection, Woolworths, Saks
    Hamleys - Toys and Goldsmiths - the jewellers

    Good Luck and lets show some collective responsibility and stand up and show the Icelandic authorities the true spirit of Britain.
    I boycott Iceland anyway (too many chavs :rotfl:)

    Same goes for Asda come to think of it lol
  • barberboy
    barberboy Posts: 194 Forumite
    hi

    does this mean they will guarantee everything? including the first £16k?
  • Seajays
    Seajays Posts: 100 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Bromley86 wrote: »
    Do you have a link/source for that?

    EDIT: I'm sooo slooow :) .


    "As part of its plan the UK government has frozen all the British assets of Landsbanki until the position of savers in the UK becomes clear. "

    http://news.bbc.co.uk/1/hi/business/7658417.stm
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