Merry Xmas on behalf of the Farepak victims.

vigesimal

confused_landlord wrote: »

Just curious. For me, the thing with the Icesave fiasco is that the FSA guarantee was kinda ambiguous, implying that the money was under double protection.

Not ambiguous. On the FSA site, they had written that under the guarantee Iceland had taken out, Iceland paid the first £16,200 of a claim and the FSA topped up to 35k. It was changed just before the Icesave fiasco, of up to a limit of 50k.

Zebra

iamesbo wrote: »

there are many such unprotected saving type schemes, but they are generally for people who have little money, so no point in helping them out is there?

Nah, 'cos they're not white middle-class voters, are they?