Re:536 was ‘the worst year to be alive’ (2018)
by iso1631 on Friday June 19, 2020 @08:56AM
(#23574011)
In the runup to the crash, there were a lot of new adverts on the tube about amazing high interest rates with unknown Icelandic banks - far higher than the rates given by normal banks.
I was always told if something is too good to be true, it usually is.
Not only did lots of regular people put their money in this bank, a lot of public authorities did too, and the desposit protection doesn't really help Kent council (which lost £50m), or TFL (£40m), or whatever.
UK governments gambled, with big promises, and lost.
I was always told if something is too good to be true, it usually is.
Not only did lots of regular people put their money in this bank, a lot of public authorities did too, and the desposit protection doesn't really help Kent council (which lost £50m), or TFL (£40m), or whatever.
UK governments gambled, with big promises, and lost.