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Iceland - if you can't say anything constructive . . .

I hadn't seen this before and didn't find it when I checked the forum.

Not sure if this was the prime motivation for seizing Icesave assets, but it's worth a watch. Although he's the chairman of the Central Bank, he's a career politician so you might expect him to know better.

In fairness, he never actually says that the Icelandic government is going to renege on the passport scheme, but with this and what Haarde was avoiding saying I'd say the UK government was right to be concerned.

Don't forget to turn the subtitles on :) .

http://hk.youtube.com/watch?v=26irOb_RxhU

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