SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (28703)4/6/2010 3:22:24 PM
From: Wayners2 Recommendations  Read Replies (2) of 103300
 
Iceland doesn't owe anybody a thin dime. When Landbanki collapsed, nobody had Deposit insurance. The Parliment of Iceland interfered in the free market and reimbursed Icelandic depositors, and the Govt'f financial regulation arm took over the failed bank. What should have happened is the bank is liquidated and the depositors and other creditors receive a fraction if anything on the sale of it's assets. Depositors/creditors in the UK and Netherlands aren't entitled to a dime and if the Governments of the UK and Netherlands want to also interfere in the free market, which they did, they insured UK and Dutch depositors. The taxpayer of Iceland doesn't owe a dime. The UK and Netherlands claim that deposit insurance is some how guaranteed by the European Economic Area (EEA) Treaty. Bullshit claim. The EEA is so vague there is no way it provides some kind of deposit insurance to the EU.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News