Published on 29 November 2008 in Money, banks, credit crunch, Icelandic banking crisis, Icesave, money
So about two months ago, a substantial amount of my money ended up stuck in the British operation of a failed Icelandic bank, known in the UK as Icesave. Well after a bit of a wait - and nowhere near as long as most people originally expected - my cash has now been returned.
Published on 7 October 2008 in Money, banks, credit crunch, Icelandic banking crisis, Icesave, money
I had hoped that my exposure to the whole credit crunch/banking crisis would be limited at watching my HBOS shares slide and slide before being effectively forced into agreeing to a takeover by Lloyds TSB. Shares I'd got for free - bar the fact that I'd decided things couldn't really get any worse, so why not take up the rights issue and grab a few more, cos in the long term...