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Geo: Channel Islands

Support geographic link-up.

J'vos souhaitons un jouaiyeux

J'vos souhaitons un jouaiyeux Noué, et eune heûtheuse année!

Donkeys and Crapauds can be friends, especially in times of trouble! Fingers crossed for some good news in 2009.

Posted by go mann on Wed, 24/12/2008 - 14:46
Comments vs topics

Just noticed you folks are commenting, effectively as comments to the Group itself, rather than creating new topics within the group -- see menu on left Geo: Channel Islands -- This is no big deal, only that it defeats some features that would otherwise be available. Generally it's better to create topics for topics, and use comments to comment directly on those topics.

As I said though, its no big deal, this is your group you can run it how you want.

Posted by ng on Sun, 16/11/2008 - 22:26
Hi, ng. Your point is noted,

Hi, ng. Your point is noted, but I think we can probably manage with just the one thread; there's not a lot to say, as the CI seems to have very little interest in KSF anyway ... only Landsbanki, because it was GSY-based.

Posted by go mann on Mon, 17/11/2008 - 20:02
JEP Article today re: Landsbanki Page 2

It states that Philip Ozouf has previous given an assurance taht Islanders who are financially suffering from not being able to acces cash will get assistance.

The test will come next month when I face a deficit in ITIS contributions to my tax this year and they demand the difference!!!

Have nothing to pay this with - will keep you posted.

Articel by the way was by Harry McRandle (hmcrandle(?)jerseyeveningpost [dot] com) - perhaps we should remind him about KSFIOM!!

Posted by St Peter JERSEY on Fri, 14/11/2008 - 15:09
Harry never responded to 2

Harry never responded to 2 previous emails from me ... feel free to try.

And, yes, it's endless Landsbanki Landsbanki Landsbanki ... because the CI tends to have very narrow horizons, and that happened in Guernsey which we can see on a good day.

My feeling is that the IOM is regarded [except perhaps by Messrs Walker and Ozouf] as being as foreign and irrelevant as Basutoland. I was able to pay MY tax bill, not with the funds I lost in transit for that specific purpose, but with the big lump I managed to get out before KSF fell over.

Posted by go mann on Mon, 17/11/2008 - 20:00
Jersey Financial Services Commission

This letter, from Mr John Harris, the Director General, is in the JEP today, 7 Nov.
I think it provides some useful clarification of JSY banking regulation, and certainly makes me feel more comfortable than just relying relying on the oft-quoted and over-simplified "top 500 banks" assurance. perhaps they ought to start saying "Top 50"?

November 7, 2008 – 2:59 pm
From John Harris, director general, Jersey Financial Services Commission.
FOLLOWING further misleading comments by Jersey Home Loans relating to the Island’s ‘Top 500’ policy (JEP, 30 October), it is perhaps useful to try to inform readers how the headline ‘Top 500’ policy works in practice when licensing banks.
In fact, ‘Top 500’ is shorthand for a much more detailed set of licensing criteria which takes into account a number of factors over and above the pure size of the bank making the application. While licences are not granted to banks that are not in the Top 500 by size, the fact that a bank is in the Top 500 is no guarantee that it would receive a banking licence in Jersey.
This ‘Top 500’ status is merely a first step towards a more detailed review of the suitability of a bank to operate in the Island. Other factors that are taken into account are numerous, including management experience, track record, international capability, ratings and ownership structure.
An important consideration, and something which has served the Island very well in the turbulent recent times, has been the extent to which the parent of the bank branch or subsidiary proposed is supervised by its home jurisdiction and most importantly whether that home jurisdiction has the financial capability and resources to ‘save’ the bank in times of extreme market stress.
Overall, the policy is designed to protect and enhance the Island’s reputation and reduce the risk to the public. Analysis of those banks which hold the majority of deposits in Jersey shows that these actually fall within the Top 50 banks in the world by market size. That is a measure of the capital resources available within the bank, but an analysis would also show that these banks are those that home governments have stepped in to assist in current market turbulence, something which the Jersey authorities regard as vindicating its selective bank licensing stance.
While some Top 500 banks have failed, none has been a bank licensed in Jersey. Over the years the policy has served the Island well. To name a few examples, Jersey did not have BCCI, Northern Rock or the Icelandic banks. Our view is that this is certainly not a time to change the policy.
The full policy can be found at the commission’s website at www.jerseyfsc.org.
14-18 Castle Street,
St Helier.

Posted by go mann on Fri, 07/11/2008 - 16:01
Today's JEP explains part of

Today's JEP explains part of the silence ... the key players were in France for a political gathering with the French Vice-President, explaining inter alia what a jolly good, compliant, off-shore finance industry we have in Jersey.

Glad to think they're all happy ... shame about the ordinary people who are actually involved. Still, thank you Senator Walker, again, for your comprehensive letter. No comfort to me, but at least you were good enough to expend some substantial time in replying.

Posted by go mann on Thu, 06/11/2008 - 17:11
Senator Walker Replied

I have just received a long letter from Senator Walker ... I'll try to quote/paraphrase, as my original input covered a variety of issues..

KSFIOM
Unfortunately there is very little we can do as KSFIOM is licensed in the IOM and not Jersey. It would therefore be inappropriate, indeed impossible, for us to act directly on behalf of an IOM institution or their customers.
He then goes on to talk about the IOM compensation scheme ... and encourages us to contact the IOM authorities to avail ourselves on compensation. The £50k limit would no doubt be a great comfort to Sen. Walker if he'd had his millions in Kaupthing! However, clearly there is no prospect of inter-Governmental intervention from JSY.

Guarantees
He goes on to discuss the JSY Govt's ... political guarantee, currently in force, which covers the full bank deposits of all individuals who are resident in Jersey and who hold their deposits with a bank licensed to to operate in the island by the JFSC. ... and mentions a review of the wider issues leading to a Proposition to the States. How that could ever be afforded will undoubtedly e a key part of the review!

Jersey's Financial Security
He expressed confidence in the oft-stated position that the only banks allowed to operate in Jersey are in the top 500 and whose home countries, like the UK, have almost without exception pledged to support them. There have been no bank failures in Jersey and nor do we anticipate that there will be.
My personal confidence in parental guarantees has been somewhat dented over the last month, Senator. And I do believe that, of the 47 banks currently operating in JSY, some have been involved in either substantial assistance or take-over activity ... that does not particularly fill me with confidence either.

However, he has replied at considerable length, and I shall thank him by email for that when I've finished this update ... which I now have.

Posted by go mann on Tue, 04/11/2008 - 13:32
And I said ...

Dear Chief Minister,

Thank you for your letter of 3 November, in which you replied to my email of 27 October. I appreciate you taking the time to respond so comprehensively, albeit that it offers little comfort to those affected.

Following yesterday's Treasury Select Committee session in the UK, it is clear that neither the Chancellor, nor the UK FSA, nor the Bank of England, are willing to accept that their actions led to funds being transferred from KSF_IOM to KSF_UK and, subsequently, to ING. Those actions led to the collapse of KSF_IOM [due to insolvency] and the imminent bankruptcy of thousands of depositors in that institution. The failure [or inability] of the parent bank in Iceland to honour the much-vaunted "parental guarantee" added further insult to injury. You will therefore understand if I retain a degree of cynicism over future "parental guarantees"!

One historic reason for depositing in the IOM [as opposed to JSY or GSY] was not only the clearly-stated Icelandic "parental guarantee" but also the existence of a modest IOM compensation scheme. The IOM's Depositor Compensation Scheme [now upgraded to £50,000] is of course of little comfort to those higher-value depositors [The Depositors Action Group lists ... £50k-£100k = 224, £100k-£250k = 269, £250k-£500k = 133 and a further 90 with deposits greater than £500k]. Again, a high-liquidity depositor would look askance at any compensation scheme that did not provide "comprehensive insurance cover", and I am sure that the affordability of such a scheme in JSY will feature in your future deliberations.

In my case, I shall eventually be fully compensated for my lost deposit, as I was able to extract a substantial sum in, literally, the dying hours of KSF_IOM. I know that there are other Jersey residents who will not be so fortunate, and will have effectively lost the bulk of their life savings - they will be numbered amongst the 1000 known members of the Depositors Action Group whose deposits exceeded the IOM compensation limit. And that appears to be the personal price for International Off-shore Banking these days.

I have now have the challenge of finding a secure home for my not-insubstantial cash assets!

My thanks again for your response,

Yours sincerely,

Posted by go mann on Tue, 04/11/2008 - 14:46
My Chief Minister phoned me

My Chief Minister phoned me 10 minutes ago, giving me the chance to discuss the points in my email above! That's what I call service!! Thank you, Frank.

He obviously has difficulty in influencing the UK Govt, but told me that he is meeting with the IOM Chief Minister next week [no, not at the same meeting with the UK Chancellor ... I asked!]. He told me that the Icelandic Banking scenario was the first item on their Agenda.

I really don't see that there is much he can do, in a practical sense, but at least our circumstances are being discussed, and will undoubtedly help shape future policies and regulations.

Did it take us any further on the compensation issue? Not really: it is, in reality, a matter for the IOM/UK/IS Governments. But at least our voices have been heard in JSY.

Did he tell me where he keeps his not-inconsiderable cash? Yes: he volunteered that information himself, but it would be most improper for me to divulge the answer!! But thank you for telling me! ;-)

Posted by go mann on Fri, 07/11/2008 - 15:55
re-My Chief Minister phoned me

Sounds promising go man, after UK comments and of course actions over the last few weeks I would think they are all concerned at possible future events being more or less "under the thumb" of Westminster and how easily any Uk's protective actions can have far outreaching implications for their economies.

Posted by skintagainnow on Fri, 07/11/2008 - 16:05
We come back to that first

We come back to that first principle ... find the other guy's self-interest.

IOM, GSY and JSY are almost completely dependent on their finance industries.

As Crown Dependencies, the UK has "parental responsibility" [sorry, that slipped out].

It is NOT in the UK's interest to have its little cluster of off-shore institutions collapse, as that would prevent funds flowing through the cash registers at the parent [UK] banks.

IMO, E&OE ...

Posted by go mann on Fri, 07/11/2008 - 18:28
Reply from Philip Ozouf

Dear xxxxxx,

I am sorry that I have not had a chance to return your calls.
Unfortunately, I was away immediately after the election and have got a
backlog of emails and correspondence which I am catching up on only now.

I am very aware of the equal problems of the Landsbanki and Kaupthing
investors. From our part, it is quite sensitive and difficult to know
what is appropriate to do by way of pressure to the Manx and Guernsey
governments. Suffice it to say that we are keeping a close watching
brief on developments.

The situation in the Isle of Man - as we understand it - is that there
has been an underpinning of the depositor compensation scheme by the
Manx government and this has apparently been brought into legislative
effect. We still, of course, do not know the extent to which there may
well be any actual losses in either of the banks. Only when we know the
full extent of any problem can we apply real pressure. It is difficult
to apply pressure to an administrator who is effectively carrying out
legal obligations.

I will try and give you a call as well to discuss matters within the
next day or so (although it may well be longer as I am out of the island
today and tomorrow on business).

Kind regards

Philip

Senator Philip Ozouf
Minister for Economic Development

Posted by Anonymous on Tue, 04/11/2008 - 10:13
Philip Ozouf

Hi

I have contacted Philip Ozouf's office today for the umpteenth time and spoken to his secretary. I advised her that many of our members were getting increasingly frustrated by his lack of response to our many emails. I advised her that perhaps if he was not able to provide any support as originally suggested, then perhaps he would have the courtesy to let us know, and then we would all know where we stood. She said that she would pass this message on.

If I hear anything I will keep you posted.

Posted by Anonymous on Mon, 03/11/2008 - 16:23
Meeting - No go

Well - I tried!! We are not wanted at the Landsbanki meeting. Although Philip Ozouf will be attending!!!! I enclose the e.mail I received back from Peter.
Dear xxxx

I have spoken with one or two members of our committee with regard to you being included in our meeting with Senator Ozouf and possible future involvement. Unfortunately, much as outside assistance may be welcomed and, indeed, is being sought in the area of legal representation, it is not felt that we can include the Kaupthing situation as a topic when we must concentrate on the Guernsey issue. We have a large number of distressed depositors on whose behalf we are acting and are obliged to act on their behalf only.

If the position regarding the two banks were identical then the depositors of both would have joined forces already; this would have been very welcome being strength in numbers. However, we are not so fortunate.

May I offer my thanks on behalf of our committee for your offer and wish you well in the future developments concerning the Isle of Man. If we make any progress in our case that we feel may be of any benefit to you then I will copy you in.

with kind regards

Peter

I wonder just how many Kaupthing IOM depositors there were from Jersey - I guess there can't have been that many. I'm a bit despondant at this reply, although i can understand their reasoning. But particularly because I haven't received a reply from Philip Ozouf - as you haven't either, yet he is obviously contactable for Landsbanki depositors........!!

Posted by rhbbpd on Sun, 02/11/2008 - 20:01
sorry, you've probably

sorry, you've probably already established this, but is there not a mutual depositor on this site who could attend and feedback? - I seem to remember some such contact and will trawl if it helps?

Posted by sleeplessnight on Mon, 03/11/2008 - 13:55
That would be kind ... thank

That would be kind ... thank you!

Posted by go mann on Mon, 03/11/2008 - 14:13
go mann

So far I have found emabroad and wahallah who are ksfiom and LG. Leave if for you to contact, but will keep looking for others.

Posted by sleeplessnight on Mon, 03/11/2008 - 15:30
emabroad & wahallah ... it

emabroad & wahallah ... it would be nice if you could post an update on the Jersey Group thread after the meeting, if there's anything that might be of interest to the KSF/JSY community.

Sen. Ozouf seems completely disinterested in us as a group.

Posted by go mann on Mon, 03/11/2008 - 15:34
Disappointing on 2 counts

Disappointing on 2 counts ...
Sen Ozouf clearly shows interest in Landsbanki but not Kaupthing depositors.
Landsbanki group wanting to do their own thing without us even listening in.

Due to other commitments I may not be able to do much to push this along, but I'll try another angle during the week.

Posted by go mann on Mon, 03/11/2008 - 13:43
Landsbanki Meeting

I am not really surprised to hear that they feel it would be inappropriate for us to attend the meeting. I guess they feel we are at least being offered some compensation whereas they are getting nothing from the Guernsey Government.

With regard to Senator Ozouf, I just think the Isle of Man is not something that he wants to get involved with. Jersey and Guernsey have links but I don't think that he considers the Isle of Man to be in his patch. When I phoned his office and left my name and telephone number the girl I spoke to said that there were a large number of Kapthing depositors who had already phoned so I think there are quite of few of us locally who have been effected but because we are not getting any press coverage, everyone is just suffering in silence. I wonder if it would be worth us trying to arrange a meeting, even if it was just for mutual support.

Posted by jerseygirl on Mon, 03/11/2008 - 09:18
Senator Ozouf

Has anyone actually had a reply from him? I've emailed several times and not even had an acknowlegement. It's so frustrating.

Posted by Anonymous on Sun, 02/11/2008 - 16:24
Senator Ozouf

I have e-mailed him as well as others and have heard nothing from anybody. Not only is it frustrating it is extremely rude. I'm afraid his display of interest must have been an election stunt. If he cared he would at least have had the decency to acknowledge our e-mails. I'm afraid we are on our own!

Posted by jerseygirl on Sun, 02/11/2008 - 16:59
Possible new meeting - Jersey

Have spoken to Peter and he is trying to arrange the meeting for Friday, 7th November, in the morning. He will confirm whether his (Landsbanki) committee (7 people) will have any objections to our being there - it may be we can only sit and listen. However, Senator Ozouf should be there, and at a later date Peter intends to call a general meeting. I am not sure HOW useful this might be, but just listening to Philip Ozouf might be interesting. I will post a time if and when it becomes available.

Posted by rhbbpd on Thu, 30/10/2008 - 17:34
Meeting - Jersey

Thanks for letting me know meeting next Friday. I wonder if we should try to get a meeting with Senator Ozouf ourselves. It would be interesting to have his take on our position.

Posted by jerseygirl on Thu, 30/10/2008 - 17:44
I wish I really understood

I wish I really understood enough to face the Minister ... I may get a clue if/when he replies to my emails.
Regrettably, from next Monday, I'm going to be substantially committed to other matters which will [of necessity] occupy the majority of my time for about 3 weeks. If a meeting was possible, I would certainly like the chance to discuss matters, although I suspect things generally are already WAY out of the league of The States.

Posted by go mann on Thu, 30/10/2008 - 17:51
I hope it's early ... I have

I hope it's early ... I have another engagement on the 7th, 1200-1400, that I can't miss. Waiting for more info, and thank you again.

Posted by go mann on Thu, 30/10/2008 - 17:41
New meeting - Jersey

I have today spoken with Peter Hall, who has formed a group for Landsbank creditors and has been in constant contact with Frank Walker and Philip Ozouf. He is in the process of arranging another meeting for next week. Whilst we aren't Landsbanki creditors he is asking his committee if we can also attend the meeting and would like to know how many Kaupthing IOM creditors would like to attend. I do not know which evening this will be - but he is phoning me later this evening. If you would like to attend - even if just to sit and listen, could you please e.mail me. To date, myself and go mann will be attending if Peter's committee are in agreement. Thank you.

Posted by rhbbpd on Wed, 29/10/2008 - 18:33
Landsbanki meeting

I will definitely try and attend. Could you let us know the date and time once you have spoken to Peter Hall tonight.
Not able to contribute much this week as have children at home because of half term and I seem to be spending most of time trying to explain that they can't do what they want to because we have lost all our savings!

Posted by jerseygirl on Thu, 30/10/2008 - 16:18
Meeting

Please count me in and refer to my email Activity below - thanks

Posted by St Peter JERSEY on Thu, 30/10/2008 - 13:03
New meeting - Jersey

I have today spoken with Peter Hall, who has formed a group for Landsbank creditors and has been in constant contact with Frank Walker and Philip Ozouf. He is in the process of arranging another meeting for next week. Whilst we aren't Landsbanki creditors he is asking his committee if we can also attend the meeting and would like to know how many Kaupthing IOM creditors would like to attend. I do not know which evening this will be - but he is phoning me later this evening. If you would like to attend - even if just to sit and listen, could you please e.mail me. To date, myself and go mann will be attending if Peter's committee are in agreement. Thank you.

Posted by rhbbpd on Wed, 29/10/2008 - 18:33
Channel Islands group is very

Channel Islands group is very quiet. I'm in 2-way email with one member, and "St Peter" and "jerseygirl" have spoken briefly. I have a feeling that there are just 2 of us doing anything at all. As I'll be covered by the IOM DCS anyway, that could shortly become just ONE of us [ rhbbpd ], because I have other pressing issues to attend to.

Folks, I know we're all very reticent about publishing our financial affairs to strangers on the Internet ... but it would be some small comfort to know that some of you have, at the very least, registered an interest in the subject with ANY of the following:
Senator Walker
Senator Ozouf
Your Deputy/Deputies
Your Constable

If you're not going to do anything, or say anything, why did you join the Group in the first place?

Posted by go mann on Wed, 29/10/2008 - 18:40
Reply from Deputy Egre

Collin Egre [collin [dot] egre(?)jerseymail [dot] co [dot] uk]

Dear Mr XXXXXX,

Thank you for your e-mail.

I will certainly offer my support and will forward your plight to those who need to know.

I will attempt to keep you informed of the results of my communications.

Regards

Collin Egre

Posted by St Peter JERSEY on Fri, 31/10/2008 - 08:48
just found ozouf's email on

just found ozouf's email on your previous email - will email him now -kind regards

Posted by St Peter JERSEY on Thu, 30/10/2008 - 13:05
Many thanks for doing that;

Many thanks for doing that; every little helps!

They're all in the Phone Book, you know ... Pages 7-9 ;-)

Posted by go mann on Thu, 30/10/2008 - 13:26
Activity

I have emailed the Chief Minister, St Peter Deputy, The Icelandic Government, The IMF, the IOM FSC, and Kaupthing themselves amongst others. And am happy to attend the meeting RHBBPD refers to. I won't be covered any where near fully by the IOM DCS so I have a vested interest in supporting this as best I can. I too am frustrated at the progress and lack of response. My response from Iceland referred me to the IOM DCS, no reply from Jersey CM or D, or IMF. IOM FSC referred to deferred liquidation. Haven't emailed Ozouf but please give me his email and I'll be happy to contact him too. But please let's all stick together on this we all want 100% of our money back £50k is NOT acceptable.

Posted by St Peter JERSEY on Thu, 30/10/2008 - 13:02
http://www.thisisguernsey.com
Posted by go mann on Tue, 28/10/2008 - 16:06
Jersey email sent to ... TO:

Jersey email sent to ...
TO: Sen. Walker, Sen. Ozouf, Sen. Le Sueur
CC: Dep MacLean, Dep Ferguson, Dep Le Herissier, Dep Egre

I have no great expectations ... it will probably be seen as a minor peripheral issue of little direct relevance to JSY, and I doubt that the UK Govt will tremble if contacted by any of them. Still, there's no point in having political representatives if you can't raise concerns with them.

Posted by go mann on Mon, 27/10/2008 - 12:26
Jersey Update

The excellent position paper here ... http://www.ksfiomdepositors.org/node/919#comment-12094
... has been forwarded to Senator Ozouf. He and I are now in 2-way email contact, and he is going to discuss the matter with colleagues.

Posted by go mann on Tue, 28/10/2008 - 12:38
Ozouf

That's good news - I emailed Walker but no response after 2 days.
Happy to meet Sen. Ozouf along with others if he will hear our stories and represent Jersey citizens who elected them in!! I have to say I'm starting to crack a little at the seams, and having many sleepless nights now. My life savings are missing and this was my house deposit. I was also using the interest to help fund my extortionate rent in the meantime. I'm just praying this nightmare will end very soon.

Posted by St Peter JERSEY on Tue, 28/10/2008 - 21:49
Senator Ozouf

Well done for managing to make contact with Senator Ozouf. It will be interesting to hear what feedback he gives you.

Posted by jerseygirl on Tue, 28/10/2008 - 13:43
Sen Ozouf has replied,

Sen Ozouf has replied, seeking understandable clarification of my gibberings.
He says he will respond after discussing my questions with the Chief Minister.

Have any other members of the CI group, especially JSY, said anything to States Members? You're all very quiet out there!

Posted by go mann on Mon, 27/10/2008 - 16:03
Grouville1 has joined the

Grouville1 has joined the site ... hoping to see him/her on this Group soon.

This week you are all going to contact your Deputy/Senator and whatever, aren't you! Where the IOM goes this month, JSY and GSY may well follow.

Suggested lines of approach [off the top of my head for now] are ...
1. Please can we have some representation to HMG/UK Treasury over Islanders' lost deposits in KSFIOM? Landsbanki, being CI-based, received much attention, but we are victims of the UK and IOM Governments and Financial Institutions - we deserve some representation.
2. Depositors' Protection unaffordable for either Island - so why deposit in them?
3. Given events in the IOM, how secure is the local Finance Industry now?

Don't forget to link to the front page of the site ...

Posted by go mann on Sun, 26/10/2008 - 18:15
Deputy

Will definitely be trying to contact my Deputy this week. Given up on Ozouf and as live in Grouville will be trying to speak to Caroline Labey.

Posted by jerseygirl on Sun, 26/10/2008 - 18:22
As I live in Town I doubt

As I live in Town I doubt I'll get much sympathy from Southern or Pitman!
However, I have "personal contact" with a few others.
Sadly I missed a chance to button-hole Frank Walker earlier today - it would have been an inappropriate occasion.

Posted by go mann on Sun, 26/10/2008 - 18:28
Emailing Senators in Jersey

Any suggestions as to who else we can email in Jersey?? Do you think we should email all the senators?? I feel that the Jersey Government should be pursuing the interests of their citizens, and not ignore our plight. My life savings are at risk here, and if these are not returned I will have no hope of purchasing a property in Jersey when I get my qualies, and will have to return to England. I tried to transfer my money out on 7th - 2 days before the liquidation was announced. I should have my funds, I'm outraged that these have been frozen against my wishes and part of the liquidation process. I will do whatever I need to, to secure the return of my future. We are the innocent victims of this crazy situation.

Posted by St Peter JERSEY on Sat, 25/10/2008 - 14:32
Just posted this elsewhere

Just posted this elsewhere ...

http://www.ksfiomdepositors.org/node/444#comment-10911

I'm thinking JFSC and few contacts I have in the States ... who might point me in additional directions!

I think all Senators [current/re-elected] is a reasonable option [less Wendy Kinnard] and any Deputy you have contact with. Your Parish Deputy is probably one of the sensible options - he's one of the States Members I'd vote for [if I didn't live in St Helier!].

Posted by go mann on Mon, 27/10/2008 - 10:06
JERSEY Group

Has anyone heard anything, or done anything?

We have 11 members of this Group, and so far Roz is the only one communicating.

I intend to start some States leverage on Monday, but it would be helpful to know who [if anyone] has already been contacted. Have you emailed your Deputy? any Senators?

Posted by go mann on Sat, 25/10/2008 - 14:17
Jersey Group

I have heard nothing either. Left name and phone number but I think that they feel it is an Isle of Man problem. What I would like is for them to be in touch with Isle of Man gov so that they could keep us informed of what is going on. I know we have the internet but it would be nice to feel that someone was thinking about us locally.

Posted by jerseygirl on Sat, 25/10/2008 - 14:32
Andy Sibcy has a piece in

Andy Sibcy has a piece in today's JEP ... mentions IOM £150m and Landsbanki [Guernsey].

I took the opportunity to drop him an email about this site, and the general ability of JSY, GSY and IOM to provide credible depositor protection.

Posted by go mann on Fri, 24/10/2008 - 15:07
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