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Good on the people of Iceland
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/...t-payback-plan
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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/ic...eful-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
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