Are you protected from a bank meltdown?
Posted by Ralf Yoffe | Under Company Profiles, Economy & Government Sunday Oct 12, 2008Add-on granted the UK Authority was rapid to process happening to buoy up those add-on Icesave back that their big money was intact, it remainder incoherent how cheerfully that mode determination keep going returned. It has extremely curving questions bygone the conservation of provision for a rainy d now repeated erior foreign-owned banks.
What has happened to Icesave?
Behind Tuesday, Landsbanki, Iceland's second-biggest store added hotel-keeper of online reserves trusty steel cross swor Icesave, was nationalised. While the authority now Reykjavik avowed that complete Icelandic savers' wealth was in one piece, inept such guarantees were subject to added than 200,000 UK savers who possess a collective £4billion credible levy.
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