tag:blogger.com,1999:blog-7105372538600724233.post5186091855696749395..comments2023-09-12T12:43:35.717+01:00Comments on Kaupthing Isle of Man Bank in liquidation - blog: In defence of Mr. David Cannan MHKjim's bloghttp://www.blogger.com/profile/01194121320492050293noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7105372538600724233.post-4409610489202067672009-06-18T08:25:36.563+01:002009-06-18T08:25:36.563+01:00The banks 'invest' money on deposit away f...The banks 'invest' money on deposit away from the IoM so it sounds a brilliant idea for them to lend within the Isle of Man to get this festering Kaupthing thorn out of the flesh of the Manx economy. I think they should go for it quick so that confidence in the Island can be restored. It's enough the Island having to cope with the global financial down turn without having this festering mess to help drag things down further for the Manx economy.<br /><br />RH (Ramsey IoM)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7105372538600724233.post-64398469400705044382009-06-17T07:12:58.547+01:002009-06-17T07:12:58.547+01:00Jim,
Nice idea for the IOMG to borrow money &qu...Jim, <br /><br /><br />Nice idea for the IOMG to borrow money "in house" from the banks to sort out this KSFIOM debacle, but that would set a very dangerous prededent...and to quote Yes Minister, would be a "courageous decision." In other words, it ain't gonna happen. Hope I'm wrong, though...Anonymousnoreply@blogger.com