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View Diary: Icesave: Today Iceland Learns Whether It Gambled Right On Refusing A Repayment Deal With The British (177 comments)

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  •  I've read through the document that (3+ / 0-)

    described the Icesave investment accounts back when they were available, using the Internet Archive.  It states quite plainly how they're backed, that it's a fund that all the banks pay into to insure accounts.  Anyone who actually read the document before investing their money should have known that the safety of their investments depended on the viability of that fund.

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