Daily mail article

  • Iwantmymoneyback
  • 10/10/08 31/05/09
  • a depositor
  • Offline
Posted: Thu, 16/04/2009 - 12:54

Please post your comments re. article below. This is one of the rare opportunities we have to reach out to a UK audience!

http://www.dailymail.co.uk/money/article-1170014/Lifeline-savers-Isle-Ma...

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Daily Mail article

  • AJM UAE
  • 11/10/08 31/05/09
  • a depositor
  • Offline
  • Fri, 17/04/2009 - 09:01

I've also posted a comment but none are visible as yet. The Daily Mail article is typical of what the British public is getting exposed to.

We need the support of an investigative journalist who will look beyond the spin.


Daily Mail Article

  • caledonia
  • 14/10/08 30/09/09
  • a depositor
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  • Thu, 16/04/2009 - 16:08

Despite several of us (to my knowledge) posting comments - nothing has appeared on the website.
I have emailed the author asking why ............


@Daily Mail

  • IceCrusher
  • 14/10/08 25/10/11
  • a depositor
  • Offline
  • Fri, 17/04/2009 - 08:26

I will add my name to the list; I've posted two seperate comments now, and it still says 'no comments. be the first' blah!


Media reports re the 9 April

  • clodhopper
  • 18/01/09 31/05/09
  • a depositor
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  • Thu, 16/04/2009 - 15:59

The IOM government seem to make lots of spin about the 100% return of deposits via the SOA - but with the depositors of over 50k we know this to be not true. Can the DAG public relations company do some spin in response to the manipulation of the information?


IOMG contribution

  • slloyd
  • 11/10/08 31/05/09
  • a depositor
  • Offline
  • Thu, 16/04/2009 - 15:51

The article states 'The Isle of Man government has agreed to contribute up to £180million towards compensating depositors'.

Is this true? Is this an additional £180m that will be passed to the depositors? Or is it just a loan to speed up the repayment process, to be recouped from the remaining assets in KSFIOM?

Am I correct in believing that the IOMG will not be net losers out of KSFIOM (through SOA or liquidation)?


IOM Contribution

  • Ramsey resident
  • 22/10/08 31/05/09
  • unspecified
  • Offline
  • Thu, 16/04/2009 - 15:54

Most certainly these monies are simply temporary loans to cashflow the SOA and will be later recouped from KSFIOM assets once realised