U.K. Used Anti-Terrorism Law to Seize Icelandic Bank Assets

[EYES WIDE OPEN]

http://www.bloomberg.com/apps/news?pid=20601102&sid=aXjIA5NzyM5c&refer=uk

[lucrum]

Every country for itself, apparently.

Big heroes out there...their friend is hanging over the cliff in a thin thread...then go in and do the final stamp on their fingers to make sure they fall into the abyss.

Cynical stuff indeed....

[pineal-pilot-in merkabah]

funny how they did that just after russia purchased iceland, and also strange how the anglo/duch banking cartel told theri own countries councils and people to invest in icelandic banks, how convinient. then they pull the plug on iceland and voila we have european meltdown.. i think we go first before the usa.. funny on mainstream media also, they said bank stocks have gone up but so had the interbank lending rates, WHAT A SUPRISE LOL. the msm guy basically said goive it time and thismis just a symbolic rise.. buckle up

[Jenny]

110.000 Dutch people lost an amount of 1.6 billion euro to Icesaver.

Iceland will not garantee a pay back of 20.000 euro per account.

[Mike_Jetson]

Didnt the government just advise local authorities to start spreading their cash among lots of banks to lower the overall risk?

These anti terror laws being used wrongly is a joke. They should be able to seize the assets no problem but not by using anti terror laws. I guess they have used a part of this law that links to proceeds of crime as they can suspect some criminal involvement without evidence

[izz]

funny how they did that just after russia purchased iceland, p

what do you mean russia bought iceland..

iceland is only the size of plymouth btw .. hardly a major economy but apparently JOHN Prescott told the local councils to invest in a bank with the highest returns .. so loads of them chjose the icelandic banks.. with a billion of tax payers money ...

no wonder gordon browne has seized their assets .. i dont blame him

[Rocky_Shorz]

wow, there he is right at the center of it again...

Alistair Darling

has anyone found his link to Germany yet?