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Valan
The Fated
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Posted - 2008.10.09 21:00:00 -
[1]
Well I have to say Gordon Brown is staging a bit of a comeback lol.
Takes a pair to say the Icelandic Government is acting illegally and the seize all their assets lol. Seems when his back is to the wall he comes back fighting :) Typical British behaviour, wait until things are really bad before you decide to get stuck in.
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Valan
The Fated
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Posted - 2008.10.10 12:34:00 -
[2]
Basically they traded off being protected by the UK which they weren't.
Then when they hit trouble they froze all assets and started to sort out the locals instead of treating all depositors equally. So Gordon froze the assets of the parent bank.
Nice Island we'll take it!
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Valan
The Fated
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Posted - 2008.10.11 08:17:00 -
[3]
More badly informed posts.
THEY ONLT SEIZED THE ASSETS OF THE PARENT BANK. WHICH IS INSOLVENT ANYWAY.
I tell you what the credit crisis has higlighted how people are easily swayed by hype and bad reporting. Most of what you see on the TV and in the newspapers is incorrect, exagerated, distorted and mainly only part of the story.
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Valan
The Fated
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Posted - 2008.10.13 10:27:00 -
[4]
Basically summed up the Icelandic banks did the same as everyone else. However, they don't have anything backing them up with Iceland being a small player. They got out of their depth politically and financially and dithered. The UK just grabbed a law to hand (we have that many it was on top of the pile) to make sure Iceland didn't do anything daft in the short term.
Iceland played all hurt as it got them out of the indecision hole and gave them some moral high ground. Brown hyped it up to make himself look like a leader for the election. Now everyone has had time to think about stuff and work what to do everything is good.
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Valan
The Fated
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Posted - 2008.10.13 12:44:00 -
[5]
 Originally by: Croesus
fair weather friends, we needed understanding and instead we got steamrolled.
To be honest apart from those of us that play EVE and have gotten to know some Iclanders quite well the rest of the UK pretty much forget you exist. Mention Iceland to those that remember and they just think bad things because of the Cod Wars.
CCP is doing a good job of raising your profile. Unfortunately I think the Icesave thing has pretty much ruined the UKs public perception of Iceland which is a shame and basically Brown's fault with a bit of dodgy editing by the BBC of statements from Iceland. They won't see from both sides as some of us have.
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I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
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Valan
The Fated
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Posted - 2008.10.13 15:06:00 -
[6]
Originally by: Artharas
Now I'm not saying that they were the reason our banks failed like you seem to try to make it sound like. I'm saying, if they'd have left them alone, Kaup¦ing would've been able to liquidize their own investments to keep standing and our biggest bank and institution could've stood up and provided security for Iceland. Brown and Darling slaughtered all that with their statements and taking over the British part of Kaup¦ing. With these actions Kaup¦ing died and investments which you say the UK Government is happy to liquidize for us become close to worthless.
Artharas - long time since I've seen you around.
Even though they did put the nail in the coffin I'm not sure in the current climate they would have had time to survive. Organisations at the moment aren't getting the time to mitigate issues rumours spread quick and the vultures swoop. Even if your company is solid if the wrong rumour circulates they get taken out.
I think that's part of the problem Governments and organisations are sneaking around trying to keep things low key so they can do something about it. Problem is if they get spotted they're assumed to be doing worng and then you get what just happened.
The media are as much to blame as anyone else for stirring it all up.
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I love old characters that post 'I've beeen playing the game four years' when I know their account has been sold on.
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