'Are Irish banks safe... including the Post Office?' blog discussion 27 January 2009 at 6:51PM in Martin's blogs & appearances & MoneySavingExpert in the news 9 replies 4.8K views

Former_MSE_Lawrence

This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.

Read Martin's "Are Irish banks safe... including the Post Office?" Blog.

Click reply to discuss below.

Paul_Herring

The cruel joke doing the rounds in the City is “what’s the difference between Iceland and Ireland…. the r!”

No no no...
Q: What's the difference between Iceland and Ireland
A: One letter and six months.

tsk!

MSE_Martin

Paul_Herring wrote: »

No no no...
Q: What's the difference between Iceland and Ireland
A: One letter and six months.

tsk!

I heard it this way... but I think your version works better... so I shall steal it (thank u) and change the blog.

Errata

Unless my lappy is having the vapours - the linkys are as dead as a doornail.

feesh

Our mortgage is with the Bank of Ireland - presumably nothing bad would happen to it if the BofI went under? Would it just get transferred to another mortgage company?

POLARBEAR11

I put my money in the post office to get 7.05% in July, by September they hadn't opened my account so I asked for my money back. They sent me the money back with 7.05% interest for the couple of months that they had the money. I am pleased I took that decision even though I am only getting 4.00% now. I wanted to be safe rather than sorry and not worry at night. Good luck to you all I hope you get your 7.05% interest.

dor123

MSE_Lawrence wrote: »

This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.

Read Martin's "Are Irish banks safe... including the Post Office?" Blog.

Click reply to discuss below.

Anglo Irish won'y allow me to withdraw my bonds at all. I would have been willing to accept penalties, but these aren't on offer.

bhebbes

Perhaps Martin Lewis (or should we call him Lewis, or The Avenger) is banned from giving financial advice. Perhaps someone aiming at revenge shouldn't be listened to in any case. It's certainly difficult to get a clear message from this and similar lumps of prose. It would be much more helpful if he published a list of his holding and transactions, updated regularly, so that we could observe him taking a view in the City sense.
To be continued ...

MSE_Martin

bhebbes wrote: »

Perhaps Martin Lewis (or should we call him Lewis, or The Avenger) is banned from giving financial advice. Perhaps someone aiming at revenge shouldn't be listened to in any case. It's certainly difficult to get a clear message from this and similar lumps of prose. It would be much more helpful if he published a list of his holding and transactions, updated regularly, so that we could observe him taking a view in the City sense.
To be continued ...

Being banned from financial advice, means you have had an FSA ban preventing you giving information due to misdeameanor, and is an offensive allegation.

I am a jouranlist and not a financial advisor, so im not quite sure how i could be banned from it. Yet as an accusation, it's highly libellous and completely untrue and unfounded.

Such a defamation against anyone else would normally be instantly deleted from the forum, but so Im not accused of censorship it will be left there.

However any repeat of such offensive and outrageous remarks and I will have no cause to block your posting priviledges, and will of course strongly defend myself from a similar defamation elsewhere.

Martin

PLEASE NO FURTHER DISCUSSION ON THIS. LETS GET BACK TO T.HE POSITION OF IRISH BANKS.

richard_smith_2

I thought the protection was up to 100,000 euros in the bank of ireland by the ombudsman and that was before the irish govenrment even get involved. Is the ombudsman protection protected under EU law? if not we need some clarity on this?