Icesave compensation payouts... how to keep the pressure up

bryanb

Pssst wrote: »

Mu guss is that they will just reactivate the icesave website but with some kind of restriction so that people take it in turns to initiate bacs transfers.

Hope it's alphabetical, BB

oldagetraveller

bryanb wrote: »

Hope it's alphabetical, BB

That'll not please the Wilsons, however it's a logical solution similar to boarding a 'plane but some people can't adhere to the instructions so there will be some "queue jumpers".
I've just changed my name by deed poll to AAAAAAAAA as a precaution!

LesU

nilrem wrote: »

TBH I don't think that is quite fair! Many of us placed our savings in an Icesave Fixed account when Icesave was perceived as a very safe haven for our money, we were told (by lot's of Financial places and people) that it had in fact a better guarantee than many of the British banks because it had extra protection from Iceland a very rich country! Don't forget it is only recently that they started advising people too split their cash up and it was not possible for many of us with fixed savings.

It is easy to be wise and hindsight is a wonderful thing, many of us have had a worring few weeks and it is has not helped by smart alecs telling us how stupid we were!

I completely agree. How many banks had gone under in the previous 50 years when I opened up a 12 months fixed rate account? Answer: None!
What I want from these wise pundits, is where I shouldn't be putting my money for the next problem to hit us, but that takes a bit more knowledge and foresight.

bryanb

LesU wrote: »

I completely agree. How many banks had gone under in the previous 50 years when I opened up a 12 months fixed rate account? Answer: None!
What I want from these wise pundits, is where I shouldn't be putting my money for the next problem to hit us, but that takes a bit more knowledge and foresight.

Forgotten BCCI?

nilrem_2

oldagetraveller wrote: »

That'll not please the Wilsons, however it's a logical solution similar to boarding a 'plane but some people can't adhere to the instructions so there will be some "queue jumpers".
I've just changed my name by deed poll to AAAAAAAAA as a precaution!

Lol That bought a smile to my face! :rotfl:

nilrem_2

bryanb wrote: »

Forgotten BCCI?

No we have not and I suggest you read up on the subject first!
http://en.wikipedia.org/wiki/Bank_of_Credit_and_Commerce_International

This was not your normal bank for the normal savers and cannot be compared to today's situation!

oldagetraveller

nilrem wrote: »

Lol That bought a smile to my face! :rotfl:

Good, I didn't want to be too flippant because there are still obviously a lot of worried people, with a stack of money frozen, in spite of what the FSCS have said.
I, like many, will only be completely easy when ALL the deposits have been returned - mine included to the tune of £35000 + a few pennies.

bryanb

nilrem wrote: »

No we have not and I suggest you read up on the subject first!
http://en.wikipedia.org/wiki/Bank_of_Credit_and_Commerce_International

This was not your normal bank for the normal savers and cannot be compared to today's situation!

I was simply answering "How many banks have gone under........" Barings wasn't an ordinary bank either, but they also went under.
PS The normal savers in the Gibraltar branch of BCCI may have disagreed with you.

LesU

bryanb wrote: »

I was simply answering "How many banks have gone under........" Barings wasn't an ordinary bank either, but they also went under.
PS The normal savers in the Gibraltar branch of BCCI may have disagreed with you.

OK. I should have qualified 'banks'. I certainly didn't start worrying about my savings when Barings went under.

Scooby64

meanmachine wrote: »

Er, it hasn't happened yet.

No one has seen a penny of their cash returned to them.

Save your posturing and self-congratulating for the day we DO all get our money back, why don't you?

Until then it's all just words, words, words.

You are clearly a "glass half empty" person - this site has 3 types of users
1. People looking for answers and advice
2. People trying to offer answers & advice
3. Perverse individuals whbo take pleasure from idiotic scaremongering

I think we can see where you fit