Internet bank Icesave today stopped savers withdrawing their cash after its parent company was nationalised by the Icelandic government. ... It is not known how many UK consumers hold money with Icesave, but it is thought that as many as 300,000 people in this country have savings with an Icelandic institution. Money is mainly held with Icesave and Kaupthing Edge, the UK retail arm of Iceland's biggest bank Kaupthing.
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It is not known how many UK consumers hold money with Icesave, but it is thought that as many as 300,000 people in this country have savings with an Icelandic institution.
Money is mainly held with Icesave and Kaupthing Edge, the UK retail arm of Iceland's biggest bank Kaupthing.
Maybe that is what you heard?
Nothing about a corralito on the Central Bank of Iceland or Icelandic Financial Supervisory Authority web sites. Checked the "Usual Suspects" in the US financial news and came up empty.
Who had already posted the Independent report in the Special Focus Section of European Salon de News, Discussion et Klatsch.
I also have to apologize for running around in my tinfoil hat. A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
