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Probe call over Iceland cash crisis knowledge

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Published Date: 01 November 2008
THE Government faced calls for an investigation today following claims that the UK authorities knew as early as April that the Icelandic banking system was in trouble.
Channel 4 News reported that the Icelandic Central Bank approached the Bank of England in March for assistance to support its currency as confidence began to ebb away.


The full article contains 62 words and appears in Edinburgh Evening News newspaper.
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  • Last Updated: 01 November 2008 10:43 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Credit Crunch
 
1

Marian,

01/11/2008 14:43:50
The fact that Gordon Brown knew that the Icelandic financial Institutions were at risk 6 months before the run on these happened and did nothing, will constantly haunt Gordon Brown's remaining political life. New Labour has been claiming that the UK financial crisis was caused by a big boy who did it and ran away, but we all know that the big boy is still sitting in 10 Downing Street and will do it again if he is not removed by voters.
2

Marian,

01/11/2008 14:44:03
The fact that Gordon Brown knew that the Icelandic financial Institutions were at risk 6 months before the run on these happened and did nothing, will constantly haunt Gordon Brown's remaining political life. New Labour has been claiming that the UK financial crisis was caused by a big boy who did it and ran away, but we all know that the big boy is still sitting in 10 Downing Street and will do it again if he is not removed by voters.

 

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