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    Alan - I have previously explained that there is no fault in what they did. Do you really want me to explain, yet again, the complexities of investment management and risk issues!!!

    Chill a bit on this matter, there is no real scandal to get hot and bothered about.

    Blimey, their watchdog, the Audit Commission had cash in Iceland and IFAs who recommended Icelandic Banks in the September before the October crash, have not been censored because their due diligance did not show any problems. A bit odd to claim that there is something peculiarly wrong done by the KCC Treasury team under those circumstances.

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