Anyone who moved from Icesave to Weavering?

[ThomasSoerensen]

if so you are *cuk'ed

http://online.wsj.com/article/BT-CO-...20-708927.html

I expect AtW(at) to rejoice.

[AtW]

It doesn't make me happy to see investors lose their money.

The separation of retail and investment banking (and hedge funds should have bank license in all countries they wish to operate in) actually made sense, it just requires extra responsibility added on top, which is that in the event of large failure bank management goes to jail regardless of the reasons: if someone does not like this rule they should not run bank (or any other responsible job).

Now, I don't think there is the same pattern at Weavering when compared to Iceland - some reports seem to suggest that money were allegedly withdrawn by founders or something like this.

http://online.wsj.com/article/SB123776842072709741.html

"PricewaterhouseCoopers had been called in to carry out a review, revealing that the fund's single asset comprised a $637 million derivatives trade with the British Virgin Islands-registered company, which couldn't support the deal."

All banking offshores should be closed - those who don't should not be able to get visa to any other country, no bank transfers, no nothing.