Icesave FSCS comp news?

amistupid

I posted this yesterday:

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4936983.ece

But this sounds much much better. Do you reckon it's time to pop the champagne!

nilrem_2

amistupid wrote: »

But this sounds much much better. Do you reckon it's time to pop the champagne!

Well this is the most promising report I have read for the last 7 days,
Not sure if it's champagne time quite yet but it might be time to get some bottles in ready!:beer:

amistupid

oldmanof_the_sea wrote: »

I see it more like, you put your money in the "safekeeping" of a mate. The mate, with yours and his interests at heart, puts it all on a horse that runs last. You go to the bookie and say give me my money back. The bookie says "what money"?
Icesafe went to the wall because they put our money on a loser. They are not holding onto it, they don't have it anymore.

If that the case how come those punters who backed the other losers Northern Rock and Bradford and Bingley got their money back before the race had even finished. I think there should be a very long Stewards enquiry.

ExBanker_2

That is out of date- dated teh 13th of october!!

amistupid wrote: »

I posted this yesterday:

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4936983.ece

But this sounds much much better. Do you reckon it's time to pop the champagne!

amistupid

ExBanker wrote: »

That is out of date- dated teh 13th of october!!

You misunderstand me. I'm celebrating the news in post#81 and#82 which are bang up to date.

dancingdandare

Originally Posted by dali21
Anyone else seen this:

http://www.ft.com/cms/s/0/108635c0-9...077b07658.html

This is good news, but its only news, until i see the detail on the FCSC as confirmed I will not be celebrating. I do hope they sort it out soon and if as indicated they unfreeze accounts and allow us to withdraw our monies..............THEN ITS PARTY TIME!! :rotfl::beer::j

dali21

dancingdandare wrote: »

This is good news, but its only news, until i see the detail on the FCSC as confirmed I will not be celebrating. I do hope they sort it out soon and if as indicated they unfreeze accounts and allow us to withdraw our monies..............THEN ITS PARTY TIME!! :rotfl::beer::j

Agree with dancingdandare. The expression "not counting your chickens until they hatch" springs to mind.

Babycakes

Would this mean that Icesave unfreeze the money and allow us to transfer out or would it mean that Iceland just handle the compensation payout?

The latter could be as bad.

frankly, I do not trust iceland with the money.

st

Babycakes wrote: »

Would this mean that Icesave unfreeze the money and allow us to transfer out or would it mean that Iceland just handle the compensation payout?

The latter could be as bad.

frankly, I do not trust iceland with the money.

i hope that the payments will be made by the fscs but there is nothing in writing yet -we have to wait again

Transalper

Has anybody seen this, it was from yesterday?
http://www.thisismoney.co.uk/saving-and-banking/article.html?in_article_id=455909&in_page_id=7
Sounds like robbing Peter to pay Paul!