Iceland crisis


Whend did Mr Mathiesen state unequivocally that Iceland would not honour its obligations?
October 24, 2008, 10:37 am
Filed under: banks, Iceland, Icesave, UK | Tags: , , ,

FT has now published the transcript of conversation between Mr. Darling and Mr. Mathiesen, the day before Darling stated:

“The Icelandic government, believe it or not, have told me yesterday they have no intention of honouring their obligations here.”

No where in the converstation Mr. Mathiesen stated that Iceland would Iceland would not honour its obligations.

In stead of offering help, Mr. Darling decided to very harmful action against the Icelandic people and harm both Icelandic companies and the people of UK, limiting the changes of Icelandic companies to get back there money in order to repay to the British public.

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