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Old 10-07-2008, 03:05 PM  
xmas13
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:2cents There's a sucker born every minute - Icesave scandal in the UK

http://www.telegraph.co.uk/finance/f...ase-study.html

Icesave collapse: Case study

"I can't afford it to be frozen in my account for months." (She opened a savings account)

http://www.timesonline.co.uk/tol/mon...cle4903329.ece

Peter Amodio is unable to find out what has happened to £180,000 he invested in Icesave: "The phone just rings and rings".

http://www.telegraph.co.uk/finance/f...them-back.html

Almost 300,000 British savers with the popular internet bank Icesave face a fight to recover their cash after it collapsed into receivership yesterday following the economic turmoil in Iceland.

"I don't consider myself greedy!!"

"Simply the best rate on the market. I certainly do not consider myself particularly greedy."

Internet bank customers (or "investors" if you listen to them) in denial.

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