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View Full Version : Good on the people of Iceland



winner69
07-03-2010, 02:30 PM
Iceland people overwhelmingly vote against bailing out greedy bankers and politicians

Probably stuff the country but why should people from Netherlands and Britain (and some in NZ) get their money back when they took the risk in getting excessive returns.

Good on you people .... yep .... go tell them to go and take a jump

Icelanders reject payback plan

http://www.stuff.co.nz/world/europe/3414286/Icelanders-reject-payback-plan

winner69
07-03-2010, 02:36 PM
John Kay in the Financial Times has a pretty good argument by the Iceland people should not be bullied
http://www.johnkay.com/2010/02/24/iceland-should-stand-up-to-shameful-bullying/

Like this bit though "....it is intolerable that weak banks should offer greedy depositors above-market rates backed by government guarantees" .... not in this context but sounds like NZ