Abbey employee letter is such a joke

I just had to post this as it just made me laugh so much when I got home from work! The letter below arrived in the post this evening from my previous employer Abbey, part of the Santander Group. 1. The letter is written to me to confirm my resignation – I know I don’t [...]

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Kaupthing Isle of Man collapse update

Image via Wikipedia As the winding up by liquidators continues so does the blaming, naming and political sideshow. The process is due to be completed at the end of November and it is likely that everyone who had deposits will get their money back up to the ceiling limit of 50k as per the revised [...]

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Isle of Man Depositor Compensation Scheme update

Image by Tasa_M via Flick Following on from my previous post it now seems that the Isle of Man Depositor’s Compensation Scheme has been revised. It all seems a bit late in the day when you consider that Kaupthing Singer and Friedlander International has collapsed today and is now in the hands of the liquidators!!! [...]

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Isle of Man Depositors Compensation Scheme

Image via Wikipedia The credit crunch and the current economic outlook has meant it has been a very unsettling time for savers all around the world and in the offshore jurisdictions including the Isle of Man. The recent bailout by the UK Goverment of Bradford & Bingley as well as continued rescue plans by European [...]

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