We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Kaupthing in Administration

The chancellor announced it in the House of Commons just a moment ago!

Incredible. Just incredible. Thankfully ING have got all deposits so nothing to worry about.
«13456713

Comments

  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    Give us a reliable source please.
    And ING do not have all deposits. Yet.
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • webdigga
    webdigga Posts: 57 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    nzseries1 wrote: »
    Give us a reliable source please.
    And ING do not have all deposits. Yet.

    I know a lot of people have lost faith in recent times, but I would still say the chancellor is a good source :rolleyes:
  • Thinker
    Thinker Posts: 56 Forumite
    I have seen nor heard any 'confirmation' that KE assets are in ING hands. This needs to be confirmed asap!

    It would be clearer in my book if KE goes to the wall - the FSCS then must payup
  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    webdigga wrote: »
    I know a lot of people have lost faith in recent times, but I would still say the chancellor is a good source :rolleyes:

    I mean, give me evidence that the chancellor said that. For all we know, the OP is scaremongering like many other people on these forums.
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    m00head wrote: »

    This does not say KE is in administration. And the buyout by ING has not happened yet.
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • gris
    gris Posts: 10 Forumite
    Part of the Furniture Combo Breaker
    He stated KE has gone into liquidation
  • Foggy
    Foggy Posts: 161 Forumite
    Part of the Furniture Combo Breaker
    I heard it. I believe he said Kaupthing are in 'liquidation'
  • Lyrrad
    Lyrrad Posts: 180 Forumite
    Thinker wrote: »
    I have seen nor heard any 'confirmation' that KE assets are in ING hands. This needs to be confirmed asap!

    It would be clearer in my book if KE goes to the wall - the FSCS then must payup


    http://www.thisismoney.co.uk/saving-and-banking/article.html?in_article_id=454063&in_page_id=7&ct=5
  • laineyc_2
    laineyc_2 Posts: 923 Forumite
    I heard it too.
    GC 2011 Feb £626.89/£450 NSD3/7 March £531.26/£450 April £495.99/£500 NSD 0/7 May £502.79/£500
    June £511.99/£480 July £311.56/£480
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.