Icesave FSCS - petition for interest up to date compensation paid

masonic

casabiosca wrote: »

But in the case of Landsbanki the limits of the present scheme have already been broken by the Government by covering deposits in excess of £50,000 which nullifies your point.

No it doesn't. If an organisation goes out of its way to exceed its obligations to you, that really shouldn't result in you being unhappy with the situation and asking for more. As I said above, your expectations should be that the compensation was limited to the terms of the scheme. The fact that the Government stepped in and made those terms more favourable should leave you feeling grateful, not hard done by!

Fella

RayWolfe wrote: »

Another wonderful contribution to an important discussion. Thanks.

When Brown starts acting with integrity I'll stop pointing out his utter lack of integrity. He's a dangerous man. We're being led by an individual who refuses point-blank to even respond to any question that he doesn't like !!!!!!! Since when did that become accepable in a leader?

RayWolfe

Another one. Even better. Thanks again.

Fella

RayWolfe wrote: »

Another one. Even better. Thanks again.

Wow, you're so witty Ray. What a sparkling effort from you.

Actually got anything to say or just more of the usual snide comments?

RayWolfe

Snide comment? Are you referring to your outpourings from Central Office?

Fella

Central Office?

You badly misunderstand my politics if you think my loathing of the execrable Brown indicates I vote for the opposition.

What's your excuse for your constant defence of the indefensible?

sheslookinhot

What a stupid post

casabiosca

But it didn't exceed its obligations to me, only those with deposits in excess of £50K. I feel quite justified in expecting a few hundred pounds interest compared to the £250,000 some people received in excess of their expectations!
As for being grateful, I would be very happy if I could get my capital sum back! Grateful for what, the incompetency of the FSCS?

masonic wrote: »

No it doesn't. If an organisation goes out of its way to exceed its obligations to you, that really shouldn't result in you being unhappy with the situation and asking for more. As I said above, your expectations should be that the compensation was limited to the terms of the scheme. The fact that the Government stepped in and made those terms more favourable should leave you feeling grateful, not hard done by!

Fella

No Icesaver (& I wasn't one of them) should feel grateful to the Government for the bailout for two simple reasons:

1. It was this Government & Brown in particular who gleefully presided over the worst housing boom in history (all the while smugly proclaiming to have ended boom & bust) because he knew that the tidal wave of consumer spending it produced conveniently hid his disastrous mismanagement of the economy. He could have and should have forced banks to lend sensibly but instead he did everything he could to stoke up the bubble & nothing whatsoever to prevent the hideous practices of, for example, banks selling self-cert liar loan mortgages etc to anyone who wanted one. Had he done what he should have & prevented this kind of behaviour Northern Rock, for example, would never have been allowed to get itself into the mess it did. Instead he smugly accepted the accolades borne out of a ponzi economy & then when it finally collapsed simply instructed his faceless army of yes-men to make sure to blame it all on the US every time they speak.

This is a man who knows very well that big lies are more easily believed that little ones. And that if you repeat them often enough, they'll become perceived truth.

2. The bailouts of savers so far have been purely for political purposes - nothing else. Not even the most ardent Gordon-supporter can be naive enough to believe anything else. Savers were bailed out because everyone knows that anything else would have been bye-bye Brown at the first opportunity.

Icesavers - all savers - have nothing to be grateful to this Govt for. They - & the rest of the working people in this country - are being systematically betrayed.

masonic

casabiosca wrote: »

But it didn't exceed its obligations to me, only those with deposits in excess of £50K. I feel quite justified in expecting a few hundred pounds interest compared to the £250,000 some people received in excess of their expectations!
As for being grateful, I would be very happy if I could get my capital sum back! Grateful for what, the incompetency of the FSCS?

It will exceeded its obligations to everyone who had money at Icesave, because it was not obliged to pay any compensation at all for the first £17,000 deposited.

Presumably you are aware that you had the option to take up a claim against the Icelandic Depositors and Investors Guarantee Fund. However ungrateful you are, I think you are a lot better off with the FSCS than you would be if you had to do that.