Icelandic banks

• howard mcsweeney1

  • Location: Dover
  • Registered: 12 Mar 2008
  • Posts: 62,352
  1 April 2011     17:4999525
  #1       report
  we all remember the kerfuffle over money lost by english councils, some good news at last.
  
  an icelandic bank has decreed that k.c.c. and other local councils are preferential creditors when all assets are sorted.
  
  they had already got back £.9 million from heritable, it looks like glitner and landbanski may have to shell out another £.32 million between them.
  
  with luck d.d.c. will get their trifling million back.
  
  all subject to appeal though, could be a long road with the lawyers having a field day.
• Guest 696

  • Registered: 31 Mar 2010
  • Posts: 8,115
  1 April 2011     20:1199548
  #2       report
  I've got a half idea that Iceland has been over-fishing in Atlantic waters, lately, to get in revenues to bail out the banks there.
  Chanters, Drums and Drones Potty Time http://youtu.be/99fMqpjnXYA
  Rule Britannia!
  Kent First http://youtu.be/04F3mAP3fV4 Keep banging on http://youtu.be/qYCU_SKmkGQ
• Brian Dixon

  • Location: Dover
  • Registered: 23 Sep 2008
  • Posts: 23,940
  2 April 2011     06:5199585
  #3       report
  nope there assets have been frozen.
• howard mcsweeney1

  • Location: Dover
  • Registered: 12 Mar 2008
  • Posts: 62,352
  2 April 2011     09:0699606
  #4       report
  you're on form this morning brian, are you off the medication now?
• Brian Dixon

  • Location: Dover
  • Registered: 23 Sep 2008
  • Posts: 23,940
  2 April 2011     14:2599630
  #5       report
  howard,a big yes to that.