There's a sucker born every minute - Icesave scandal in the UK

[xmas13]

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.

AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH AH 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[Manowar]

greed, as usual.

if no one had heard of them, there was always going to be a reason they were paying the best rates

[_Richard_]

ING Direct?

[_Richard_]

after reading the article.. it really sounds like propaganda

[Vendot]

They used to advertise really hard in the UK...... in papers, on the underground, etc. So its hardly surprising a lot of people got stung. I was always suspicious about there unusually high interest rates and thankfully that kept me away.

[xmas13]

[buzzy]