OK - so housepricedoomsters - is your deposit safe ?

[anonymous-user]

[redacted]

[Vesuvius 996]

HPC bloke said:

I put the money in there and then did a bit of reasearch and started to read about the problems with Icelandic banks.........

Foooking idiot.

[paoloh]

Vesuvius 996 said:

HPC bloke said:

I put the money in there and then did a bit of reasearch and started to read about the problems with Icelandic banks.........

Foooking idiot.

Wouldn't you do the research first??

[Vesuvius 996]

paoloh said:

Vesuvius 996 said:

HPC bloke said:

I put the money in there and then did a bit of reasearch and started to read about the problems with Icelandic banks.........

Foooking idiot.

Wouldn't you do the research first??

Exactly!

[scotal]

HPC bloke said:

I then realised my obvious mistake (greed / putting Intrerest rate risk before Credit risk / laziness etc etc), I really should have known better as I work for a bank.

Oh dear.

[Broccers]

His 50 k is safe tho so no problem.

[Ozzie Osmond]

Not sure what you doomsters are on about. His £50,000 is protected under the £50,000 UK government guarantee.

[briSk]

never put your house money anywhere other than national savings /premium bonds (and i just checked and i said this ages okay on this forum so no hindsight here!).

(...i just have to release my house money from my house! )

[10 Pence Short]

Broccers said:

His 50 k is safe tho so no problem.

Aye, Gordon promises to get it back to you. Probably.

[Iain H]

It almost makes me glad to have no savings at present, not an ideal situation normally, but at present it is 1 less thing of many to worry about!!

[scotal]

Ozzie Osmond said:

Not sure what you doomsters are on about. His £50,000 is protected under the £50,000 UK government guarantee.

Read the other threads on Icesave.... 16k is protected under Icelandic law, hopefully the rest will be covered under the FSCS (which you are going to pay for by the way) and there is some concern that Icesave may actually be covered under the 35k guarantee, not 50k.

[MrVelox]

Hey Im starting a Bank... Bank of Budweiser. Anyways, you give us your money and then, we'll umm, well you can have it back if we stay sober.

What an absolute Jackass. "I deposited 50 grand and after I did that I found out they were going down the toilet"

[briSk]

Ozzie Osmond said:

Not sure what you doomsters are on about. His £50,000 is protected under the £50,000 UK government guarantee.

apart from the fact that it isn't necessarily..

the point is though that you don't just phone someone up and they say "oh okay then here's your money back and all the interest you would have earned..."

you have to wait patiently in line whilst they give you back your last balance...

Edited by briSk on Tuesday 7th October 12:53

[SplatSpeed]

no sympathy for a guy called Soovy

oh the irony

[silver.fox.2008]

paoloh said:

Vesuvius 996 said:

HPC bloke said:

I put the money in there and then did a bit of reasearch and started to read about the problems with Icelandic banks.........

Foooking idiot.

Wouldn't you do the research first??

He was waiting for them to go into administration before asking for it back

[Deva Link]

HPC bloke said:

I have other funds in ING and wondered about taking that out and sticking it in my current accoutn,

I was called by a Private Banking person from NatWest yesterday who told me ING were unregulated. Muppet. (I hope).

[ukwill]

What a thoroughly depressing forum to be a member of. What is that? Some kind of group therapy?

[Olf]

10 Pence Short said:

Broccers said:

His 50 k is safe tho so no problem.

Aye, Gordon promises to get it back to you. Probably.

Will you still need me
Will you still want me
WHEN I'M 65!

[briSk]

http://www.nsandi.com/interest-rates/index.jsp

4% why do anything else with your house money... it's (about!) inflation neutral...

i have an isa with a proper bank but i wouldn't let them have my proper money at the moment.

[SplatSpeed]

your money is safe here



now where would you like it delivered