The UK and Dutch governments are preparing court action against Iceland to recover 4bn euros (£3.5bn) lost when the country's bank system collapsed.
Pay up, Iceland!
Pay up, Iceland!
http://www.bbc.co.uk/news/business-13029210

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Re: Pay up, Iceland!
4bn Euros - is that all? Come on Iceland, that's only a couple of rounds of drinks in Reykjavik! 

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This is the wrong forum for bluffing

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Re: Pay up, Iceland!
I don't see why they should pay up.
The banks went broke and the Icelanders simply took the view that Banks can fail. and when they do that is a matter for investors and depositers to sort out. and if the pot is short - then tough titty.
Gordon Brown loved writing cheques that would never be cashed on his watch - why the f#ck he gave our money away is a question for him.......and why he thought the icelanders would re-imburse his / our stupidity. (of course the real reason for the bailout by the UK was because our own banking system was melting down and (more importantly) freinds and family of the great and the good had money with the Icelandic Banks).
The banks went broke and the Icelanders simply took the view that Banks can fail. and when they do that is a matter for investors and depositers to sort out. and if the pot is short - then tough titty.
Gordon Brown loved writing cheques that would never be cashed on his watch - why the f#ck he gave our money away is a question for him.......and why he thought the icelanders would re-imburse his / our stupidity. (of course the real reason for the bailout by the UK was because our own banking system was melting down and (more importantly) freinds and family of the great and the good had money with the Icelandic Banks).
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Re: Pay up, Iceland!
Iceland will become isolated and left out in the cold if it continues to not pay up. 

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Re: Pay up, Iceland!
Cod War not looking so clever now, is it Icelandlish types?
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Re: Pay up, Iceland!
Let them eat fish!
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Re: Pay up, Iceland!
They can't even keep their damned volcanoes under contol. I mean, honestly!
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Re: Pay up, Iceland!
But at least they didn't build a nuclear power station on top of it.Clinton Huxley wrote:They can't even keep their damned volcanoes under contol. I mean, honestly!
Well, not yet

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Re: Pay up, Iceland!
We will not pay of our own free will! Those banks were private banks and the public should not be forced to pay for loans someone else took.
It was Browns decision to pay everyone back in full when it was not necessary by law and then he used terrorist laws against us which cost us a lot of money
Go screw yourselves

It was Browns decision to pay everyone back in full when it was not necessary by law and then he used terrorist laws against us which cost us a lot of money

Go screw yourselves


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Re: Pay up, Iceland!
Good for you!Sælir wrote:We will not pay of our own free will! Those banks were private banks and the public should not be forced to pay for loans someone else took.
It was Browns decision to pay everyone back in full when it was not necessary by law and then he used terrorist laws against us which cost us a lot of money
Go screw yourselves
Ignore those bloated plutocrats from Europe!
Tell them you will plant a huge bomb in the volcano, and shut down air traffic for months if they persist!
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Re: Pay up, Iceland!
No-one can guarantee 100% an investment. However, assurances were made at governmental level for Landsbanki to be allowed to sell their products to British and Dutch investors. Naive perhaps, but that's the way these things go. The icelandic people should not be made to pay, in my humble opinion. However, the Icelandic economy will probably suffer due to reduced credit ratings and be blocked from joining the EU.
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Re: Pay up, Iceland!
There will definately be consequences for us but as for blocking us from joining the EUAshtonBlack wrote:No-one can guarantee 100% an investment. However, assurances were made at governmental level for Landsbanki to be allowed to sell their products to British and Dutch investors. Naive perhaps, but that's the way these things go. The icelandic people should not be made to pay, in my humble opinion. However, the Icelandic economy will probably suffer due to reduced credit ratings and be blocked from joining the EU.


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Re: Pay up, Iceland!
Sælir wrote:We will not pay of our own free will! Those banks were private banks and the public should not be forced to pay for loans someone else took.
It was Browns decision to pay everyone back in full when it was not necessary by law and then he used terrorist laws against us which cost us a lot of money
Go screw yourselves

Re: Pay up, Iceland!
Then we shall come over and molest all your women!Sælir wrote:We will not pay of our own free will! Those banks were private banks and the public should not be forced to pay for loans someone else took.
It was Browns decision to pay everyone back in full when it was not necessary by law and then he used terrorist laws against us which cost us a lot of money
Go screw yourselves


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Re: Pay up, Iceland!
And where are you going to get money for the tickets?Geoff wrote:Then we shall come over and molest all your women!Sælir wrote:We will not pay of our own free will! Those banks were private banks and the public should not be forced to pay for loans someone else took.
It was Browns decision to pay everyone back in full when it was not necessary by law and then he used terrorist laws against us which cost us a lot of money
Go screw yourselves

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