Hárrétt hjá þér Baldur. Kaupþing var ein risastór svikamylla, ekkert annað. Þetta er skýrasta og besta dæmið um vangetu FME. Eða hvað?
Ólafur Arnarson? Ég nenni ekki að lesa né hlusta á manninn. Fífl og froðusnakkur.

þetta er ekki rétt

það voru ekki notuð hryðjuverkalög á Northen Rock, var það?
þú beitir ekki hryðjuverkalögum á bankastofnanir heldur lögum um banka og fjármálastofnanir.

skattmann, hryðjuverkalögunum var beitt gegn íslenska fyrirtækinu Landsbankanum.

ekki Kaupþingi.

Baldur:

Hér kemur álit þeirra sem áttu í viðskiptum við Kb-banka á Mön um ábyrgð breska ríkisins á hruni Bankans. Þessum skoðunum breskra þegna er ekki haldið mikið uppi hér í íslenskum fjölmiðlum:

Vek sérstaka athygli á:
"but presumably KSFUK collapsed due to mismanagement like the other high street banks?
No. This is a common misconception about both KSFUK and KSFIOM. The fact is that both banks were liquid solvent banks up until October 2008. The attached balance sheet for KSFIOM at 30 September 2008 highlights this point.
So how did KSFUK collapse?"

og síðan kemur umfjöllun um þátt þeirra Brown og Darling

"not satisfied with his first statement on 8 October (as quoted above) Alistair Darling and Gordon Brown held a joint press conference later the same day in which they declared Iceland to be a bankrupt country and in default. This story went around the world in minutes and effectively finished off the Icelandic economy. Who would do business with a country described like that? This, combined with the destruction of KSFUK was too much for the parent bank, Kaupthing hf (Iceland)"


Allur textinn:


What’s the issue?
Kaupthing Singer & Friedlander Isle of Man (KSFIOM) has been placed into provisional liquidation/administration due to the failure of its sister bank in London, Kaupthing Singer & Friedlander UK (KFSUK). Thousands of British citizens stand to lose their life savings if a solution is not found.
A time line of events leading up to and to date in this Icelandic Saga can be found HERE and is very useful to help understand how we have reached where we are.
Who’s caught up in this?
The vast majority of savers in KSFIOM are British citizens. Most of these savers are expatriates, working for British companies, aid organisations, even the British Government around the world, or retirees who are not allowed access to UK banks as they do not have a mainland address. The Isle of Man was the closest thing to home for them. These savers are predominantly of an older age and approaching retirement if not already retired.
How did savers come to be with KSFIOM and not with better known banks?
A significant proportion of savers became customers of KSFIOM as a direct result of the take-over of the Derbyshire Building Society. When their Building Society was taken over by KSF they were offered good interest rates with the new bank together with a parental guarantee from KSFIOM’s parent bank in Iceland. This guarantee, which was widely used in literature to savers, claimed that 100% of deposits would be covered in the event that anything happened to KSFIOM. Others relied on the reputation of Singers & Friedlander, an old British bank dating back to 1920.
You mentioned KSFIOM collapsed because of the failure of KSFUK, how are the two related?
KSFIOM held deposits in excess of £550m with KSFUK at the time that the UK bank was put into administration. Without access to these funds, KSFIOM could not fulfil its obligations to customers and as a result had its banking licence in the Isle of Man revoked and was placed into provisional liquidation/administration.
Why did KSFIOM hold such a large deposit with KSFUK? Was that normal?
No. That was not normal. KSFIOM did ordinarily hold a balance with KSFUK but it was usually much lower. At the 2007 year end the deposits with KSFUK totalled £70m.
John Aspden, the Chairman of the FSC (the Isle of Man financial regulator) has confirmed that, following discussions with the FSA, it was decided that it would be prudent to move more KSFIOM assets from Iceland into London.
So the FSA advised the FSC to move Isle of Man assets into KSFUK?
According to the FSC – Yes! This is the quote from the FSC chairman: “With the benefit of hindsight it might have been better originally if the deposits had come back from Iceland and not been put in London, but at the time this was something that we had discussed with the regulatory authorities in London.”
Ok, but presumably KSFUK collapsed due to mismanagement like the other high street banks?
No. This is a common misconception about both KSFUK and KSFIOM. The fact is that both banks were liquid solvent banks up until October 2008. The attached balance sheet for KSFIOM at 30 September 2008 highlights this point.
So how did KSFUK collapse?
Following the collapse of Heritable and Landsbanki, in early October 2008, confidence in the Icelandic economy was very low but both Kaupthing banks were still in a satisfactory position despite a large number of nervous withdrawals during this period.
On the morning of 8 October 2008 Alistair Darling made the following statement:
“The Icelandic government believe it or not, have told me yesterday they have no intention of honouring their obligations here.”
This statement crushed what was left of the faith in Iceland and started a run on KSFUK and KSFIOM. Depositors began trying to withdraw what cash they could and the banks’ ability to service this demand evaporated. That same day, the UK authorities decided that KSFUK was no longer a viable bank and ordered the FSA to seize their assets and place the bank into administration. Those assets included the £550m belonging to KSFIOM. This left KSFIOM stranded and unable to function. It too then collapsed.
So Alistair Darling reported his conversation with Icelandic authorities and that caused the run?
Not exactly. The Icelandic authorities have always denied that anyone ever made the statement as reported by the Chancellor. Recently the transcript of the conversation between Alistair Darling and the Icelandic authorities was released and nowhere in it did anyone make that statement. To this day, the UK government cannot name the person who supposedly made that statement.
So the run that occurred on KSFUK and KSFIOM, and that destroyed the banks, was triggered by an injudicious statement made by the British Chancellor of the Exchequer?
Yes. It would appear so.
But the British Government has already said it would guarantee 100% of all British deposits, what’s the problem?
Incorrect. The British Government has guaranteed 100% of all UK mainland deposits. This guarantee does not extend to the Isle of Man or the Channel Islands.
Didn’t you mention that depositors had a 100% guarantee from the parent bank in Iceland?
Yes. We did have that guarantee. However, not satisfied with his first statement on 8 October (as quoted above) Alistair Darling and Gordon Brown held a joint press conference later the same day in which they declared Iceland to be a bankrupt country and in default. This story went around the world in minutes and effectively finished off the Icelandic economy. Who would do business with a country described like that? This, combined with the destruction of KSFUK was too much for the parent bank, Kaupthing hf (Iceland) and it was taken over by the Icelandic government just before it too collapsed.
So what points would you put to the British Government to justify your belief that they are culpable in this situation?
1. The FSA, a British Government organisation, was involved in discussions that led to over £550m of KSFIOM assets being first sent to and then seized in the UK.
2. A false statement by the British Chancellor of the Exchequer caused a run on two solvent, liquid banks with some of the strongest balance sheets of any UK bank.
3. The British Government failed to secure KSFIOM deposits within its jurisdiction before commencing its offensive against Iceland on 8 October 2008.
4. The actions of the British Government not only brought down KSFUK & KSFIOM but also had the result of bringing down Kaupthing hf (the Icelandic parent bank) killing any hopes Isle of Man depositors had of recouping their losses from that source.
So, what do you want from the British Government?
As depositors in KSFIOM we would like the British Government to accept responsibility for its role in the demise of our bank and return all of KSFIOM assets that were held on deposit in KSFUK.
What help have you had from the Treasury or the British Government as a whole?
None. To this day the British Government refuses to admit its role in causing our situation and has not extended any help to the depositors. The Treasury continues to hide behind statements that the Isle of Man is the jurisdiction of the FSC and that it has no say on matters there. It refuses to acknowledge the damage done in London (clearly its jurisdiction) that destroyed the Isle of Man bank.
Our predicament is a knock-on affect of the actions taken by the British Government against Iceland on 8 October and, as such, it must be acknowledged that it is the responsibility of the British authorities to find a fair solution that gives all depositors their money back.

Geisp.

Fyrir misvitra má svo taka fram að langloka Skattmann hér að ofan fjallar um eyjuna Mön, sem hvorki telst hluti Bretlands né er í ESB.

Það lá alltaf fyrir að Edge reikningar þar væru ekki tryggðir af FSCS, enda allt annað kerfi.

Smá fróðleikur af Moneysavingexpert.com (ritað fyrir hrun):

KSF UK [BRESKI HLUTINN] is currently offering a Kaupthing Edge account at 6.55%. This will have 20% UK tax deducted at source, and is protected by the FSCS so the first £35K is guaranteed. This has site www.kaupthing-edge.co.uk

KSF IoM [EYJAN MÖN] is offering a Kaupthing Edge account at 6.86%, whose site is www.kaupthingedge.co.im You can either choose to have European Savings Tax deducted at source (currently 20%, to rise to 35% in 2011) or have no tax deducted but they send the information to HMRC and you then have to complete a tax return. There's no FSCS protection, but the Isle of Man has its own (much weaker) compensation scheme.

Baldur:

Beiting hryðjuverkalaganna á Kaupthing var rökstudd orðrétt nákvæmlega eins og beiting þeirra á Landsbankann. Skv. :

http://www.althingi.is/altext/137/s/0204.html

"Skýringar breskra yfirvalda á kyrrsetningunni hafa alla tíð verið á reiki en virtust í byrjun byggjast á því að Bretar hefðu talið að óeðlilegir fjármagnsflutningar hefðu átt sér frá Bretlandi til Íslands síðustu dagana fyrir bankahrunið og að hætta væri á frekari slíkum fjármagnsflutningum. Ekkert hefur komið fram sem styður fullyrðingar um óeðlilega fjármagnsflutninga frá Bretlandi til Íslands og þegar frá leið hurfu Bretar frá þessum rökstuðningi og fóru þess í stað að tala um hætta hefði verið á aðgerðum þolenda kyrrsetningarinnar sem gætu skaðað efnahag Bretlands alvarlega. Í þeim rökstuðningi var ávallt undirliggjandi að Ísland hygðist ekki virða skuldbindingar sínar samkvæmt innstæðutryggingatilskipuninni."

Kaupthing var tryggt af breska innistæðutrygginarsjóðnum.
Hvernig er hægt að rökstyðja það sem þú heldur fram í ljósi þessa?

þetta innlegg Aumingja var það málefnalegasta sem ég hef nokkurn tíman lesið!

Húrra fyrir því!

Takk fyrir að draga umræðina uppá svona gríðarlega hátt plan Aumingi!

elskan mín.
Hvernig væri að hætta að nota þýðingarforrit?

Þú kannt greinilega ekki íslensku.

Þú kallar þig sjálfur Aumingja á þessu spjallhorni!

Þýðingarforritið þitt fattar það greinilega ekki :)

Skattmann.

Þér er bent á það hér að ofan að svonefnd hryðjuverkalög voru ekki sett á Kaupþing.

Þú svarar "jú, víst", í stað þess að viðurkenna einfaldlega að þar hefur þú rangt fyrir þér. Þetta vefst ekki fyrir neinum öðrum en þér.

Svonefndum "hryðjuverkalögum" var aldrei, aldrei, aldrei beitt gegn KS&F, né móðurfélaginu Kaupþing. Aldrei.

Það var meira að segja sérstaklega tekið fram í yfirlýsingu frá breskum stjórnvöldum að lögin ættu einungis við um Landsbanka, enga aðra íslenska banka.

No other Icelandic banks are affected by the Landsbanki Freezing Order.

Þurfir þú fleiri heimildir bendi ég á mynd af vefsíðu Indefence.

Allt sem á eftir kemur, frá þér, er sama marki brennt.

Þú vitnar í álit af sérstakri baráttusíðu fólks sem er að krefjast þess bresk stjórnvöld taki á sig EDGE reikninga í Mön (sem er fráleit krafa, líkt og ég hef þegar sýnt þér fram á).....og krefst þess ég samþykki allt þar sem heilagan sannleika á þeirri forsendu um "landsmenn mína" sé að ræða?!

Er þér viðbjargandi :-)

Það var alltaf vitað að FSCS bar ekki ábyrgð á innistæðum á Mön. Alltaf. Þú gætir eins heimtað að Bretar borguðu innistæður í Hollandi, sú krafa væri jafn fráleit.

Ég hlýt að viðurkenna ósigur, því ég veit fyrirfram að það skiptir engu hvaða rök eða staðreyndir ég bendi á, þú munt ávallt misskilja þær eða afbaka málstað þínum til framdráttar.

Að eiga síðasta orðið (sama hversu heimskulegt það er) virðist vera þér meira virði en staðreyndir.

Þú hefur sigrað. Fullkomlega og algerlega, þú ert kóngurinn (eða drottningin).

Mér finnst Skattmann hafa rétt fyrir sér og að Baldur sé hér að vaða í villu og svíma.

...eða var það öfugt?