[GP_Matt]

Originally Posted by Thor

Where do you get this idea?



http://www.grapevine.is/Home/ReadArt...save-Debt-Paid

Newer story from the UK perspective:

http://www.telegraph.co.uk/finance/n...yers-100m.html

That was a good read. It was nice to see something that wasn't written from the Iceland POV. It does seem that despite my initial impression Iceland was in the right not to pay out.

Icesave definitely looks pretty scuzzy throughout this with their attempt to make Iceland pay when they had the funds the whole time to pay themselves.

The takeaway for me though is that it is dangerous to have large sums of money in a foreign bank.