Rumour mill churning overtime in the City ...

[shaunbhoy]

You're on good form today SB.

Lucky nobody can see the coffee I've slobbered down my dark dress laughing at your posts

Why thank you marina, I do try.
And then 10 minutes later when I get my breath back, I try again.

[Bumfluff]

As long as the city firms invest wisely in their risk systems it will be fine...

And contract me to build them * arent in big trouble are they ? Ive got 6 figure sum with them, I knew there were some worries a few months back but nothing to bad.

[themistry]

And contract me to build them ICESAVE arent in big trouble are they ? Ive got 6 figure sum with them, I knew there were some worries a few months back but nothing to bad.

Everything in iceland looks bad. Google them and kaupthingedge and make your own mind up

TM

[rootsnall]

And contract me to build them * arent in big trouble are they ? Ive got 6 figure sum with them, I knew there were some worries a few months back but nothing to bad.

I'd scale back to the government guarantee level, 30K, maybe a bit more post NR. Theoretically it is then safe as houses

[sasguru]

I'd scale back to the government guarantee level, 30K, maybe a bit more post NR. Theoretically it is then safe as houses

Good advice. Try to spread your capital around folks ...it ain't just Icelandic banks in trouble.

[ferret]

Up to £35k should be safe. I am no financial expert though so if this is bulltulip then please explain...
http://www.icesave.co.uk/financial-protection.html

Not sure I would trust 6 figures anywhere at the mo. Split it up:
http://www.moneysavingexpert.com/sav...-savings#every

[themistry]

I'd scale back to the government guarantee level, 30K, maybe a bit more post NR. Theoretically it is then safe as houses

And should a bank go up... does anyone have any ideas on how long it takes to get your money back? Or if you get interest while you wait?

Expect a good 5-10 years without interest I would imagine.

Ouch

[sasguru]

Up to £35k should be safe. I am no financial expert though so if this is bulltulip then please explain...
http://www.icesave.co.uk/financial-protection.html

Not sure I would trust 6 figures anywhere at the mo. Split it up:
http://www.moneysavingexpert.com/sav...-savings#every

ferret, I don't know what policy is, but it may be wise to delete any references to any financial institution in this thread, including quotes. I mean adverse comments BTW

[rootsnall]

And should a bank go up... does anyone have any ideas on how long it takes to get your money back? Or if you get interest while you wait?

Expect a good 5-10 years without interest I would imagine.

Ouch

Don't know how it would work in practice but even slimy slippery Gordon and Co would struggle to not pay up. I have read NickGesque scenarios where if a big bank or two went down then the government would be in tulip creek and that the scheme is woefully underfunded !?

[AtW]

Not sure that's the right icon ? Chuckle of the day !

There is one, here: http://tinyurl.com/yskzg4 (it's safe for work)