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.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (89949)5/9/2012 2:28:52 AM
From: Haim R. Branisteanu1 Recommendation  Read Replies (1) | Respond to of 219937
 
Maurice I totally disagree with your assessment. Iceland is a democratic country the banks where authorized to act as BANKS under the supervision of the elected Iceland government which was elected by the majority of Iceland citizens and therefore the country citizen bear the responsibility.

No Iceland party or Iceland citizen appealed to the Iceland government or Iceland courts at a time that the Iceland government authorized banks behaved like high risk private equity funds, similar to Stanford (spl?) from Texas who now stands criminal trial.

And yes they are scum as they reneged on paying back to innocent people that put their savings in an Iceland government authorized bank elected by the same citizen. People deposited money in a State of Iceland supervised/sponsored bank and not in a private equity fund!!

For you it is easy to talk nonsense because you did not lose a penny due to the collapse of the Iceland banks. So better check your morality compass before commenting on money lost by scores of saver who where duped to deposit funds in a BANK!!