What's the capital of Iceland?




About £5.00
Which is about what my pension fund is
worth after 26 years of  saving.
-C-

On Fri, 10 Oct 2008 15:49:32 +0100, "Clive"  wrote:

>What's the capital of Iceland?
>
>
>
>
>About £5.00
>Which is about what my pension fund is
>worth after 26 years of  saving.
>-C- 
>

Why invest in Icelandic banks? 
Do the UK investors get just about what they deserve?

Bill.

On 10 Oct, 15:58, Bill Carson  wrote:
> On Fri, 10 Oct 2008 15:49:32 퍝, "Clive"  wrote:
> >What's the capital of Iceland?
>
> >About £5.00
> >Which is about what my pension fund is
> >worth after 26 years of  saving.
> >-C-
>
> Why invest in Icelandic banks?
> Do the UK investors get just about what they deserve?
>
> Bill.

Ah but I didn't fall into that trap.
Those banks were being recommended as late
as last weekend by the financial 'experts' as a safe
haven with the best interest rates...that alone rang an alarm bell.
My pension fund is mismanaged by Abbey and robbed by Brown
in '97 and now stuffed by 'market forces'.
You do all the right things and still get shafted.
-C-