In his keynote address to the Labour Party Conference Gordon Brown said those very words: "Not one British saver lost a penny" in the financial tsunami that hit the UK in 2008. Excuse me Gordon but your speech writer had forgotten to put in the words: "except for the thousands of British expat savers who lost everything on the Isle of Man on 9 October 2008."
To compound this piece of being economical with the truth Gordon Brown went on to say: "every government across Europe chose to act", but he forgot to insert the damning words: "except the IoM government"
In response Lorraine, a dispossessed KSFIoM depositor,says:
- I am British
- I have always lived in Britain
- I was educated in Britain
- I have always worked in Britain
- I have always paid tax in Britain
- I deposited in KSFIOM on the advice of my British bank & British IFA
- I believed the British newspapers/Government/Regulatory Bodies that
the bank was safe
- I signed for withholding tax on this deposit
- I have lost my money by trusting Kaupthing IoM
Then Gordon Brown talked about 'putting morality into the market'. The PM needs first to put morality back into his government, the Treasury & the Ministry of Justice that has responsibility for the IoM as a Crown dependency.
What about Tony Brown? Is he going to do put morality into his government & the offshore fiancial institutions that keep the IoM economy alive? I guess not, but until he does those who were hoodwinked will go on telling the people of the world: "DON'T BANK ON THE ISLE OF MAN - it could ruin your wealth."