See Manx Radio report on Tony Brown's pathetic defense.

Manx Radio publishes Tony Brown's defense of his behaviour before the Treasury Select Committee on 3/2. You can hear a play-back of the Chief Ministers words, AND you can comment thereon:

http://www.manxradio.com/newsread.aspx?id=32818

This is what I have e-mailed the Radio:

"Chief Minister Tony Brown had the audacity to defend his shameful behaviour before the Treasury Select Committee on 3 Feb by saying: "The only bad PR came from depositors who have a different interest from that of my interest which is for them and the whole of the Isle of Man."
Mr. Brown is confirming that he is putting the interest of other parties before the primary interest of depositors. His first duty is to do what every other European country has done, namely assure depositors that they will have restored to them every penny of their hard earned life savings that they entrusted to KSFIoM Bank.

It is NOT the mission of the Depositors' Action Group to bring down the Island's banking sector but Mr.Brown should get the message that the action that depositors will take to recover this legalised theft is bound to do just that. I am NOT a depositor but I defend the depositors' their right to fight this terrible injustice."

Jim

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I wrote "The only bad PR came

I wrote
"The only bad PR came from depositors who have a different interest from that of my interest which is for them and the whole of the Isle of Man."

Depositors have only two interests 1) getting their money back and failing that 2)establishing who is responsible for its loss. I would have thought that both of these are also in the interest of the Isle of Man. If the Chief Minister feels the Island has an interest which conflicts with the interests of depositors, he should be prepared to spell out what that is

Posted by Sarah f on Tue, 10/02/2009 - 15:38
I too was struck by the chief

I too was struck by the chief Ministers words, while listening to the recording of todays Keys session;
It was also interesting to hear that there is as yet no agreement with the IOM Banks as regards their participation in funding the proposed SOA.
Listen here to today's Keys session:
http://www.manxradio.com/audiovault/Keys-1.wma

Posted by mikeinfrance on Tue, 10/02/2009 - 15:54
BAD PR ????????? I was there

BAD PR ?????????

I was there and I thought that we gave out pretty good PR .

A mannerly group of desperate yet determined British people dragging themselves in the most adverse weather conditions from all corners of the world to try and put their case.

He was a disgrace.

Posted by bellyup on Tue, 10/02/2009 - 16:57
Brown nose day

Brown nose day revisted.....foxtrotoscar

Posted by foxtrotoscar on Tue, 10/02/2009 - 19:31
Listening to Mr Brown before

Listening to Mr Brown before the TSC on 3 February, I felt like a young, unmarried girl might feel when, having fallen pregnant and expecting the father to do the right thing as he promised so often, was dismayed to hear him publicly disavow any significant relationship with me and responsibility for his actions. This calls to mind one of the more memorable utterings of a former US president in a similar situation who famously said: "I did not have sex with that woman". Like Ms Lewinsky, I was OK whilst IOM was having its way with me, but now IOM doesn't want to know me. I certainly feel like Mr Brown would like to cast me away like a used banana.

The politicians and people on IOM seem remote and in denial regarding our plight and unmindful of their own future. At this point, I really do think that they believe this will all just blow over and we will all just quietly go away. However, we read a quiet but steady number of reports of Manx people in the financial services industry losing their work over the past several weeks. This may well be a phenomenon caused by the current world economic realignment, but any forthcoming news of loss of our savings may well turn the current trickle into a flood, without any overt action on the part of members of DAG.

What insurance company, charity, council, or individual will be foolish enough to entrust assets to the "care" of IOM? Will large depositors really leave their assets in IOM if they recover only £ 50,000 of "compensation"? I will certainly have to find another home for the remainder of our savings that we have deposited in a long-standing account in another IOM bank. How many others will join the exodus? ( I have been quite satisfied with my dealings with that bank over the years and am reluctant to change.)

At this point, I am having difficulty imagining IOM pulling a rabbit out of a hat before 19 February. Let's hope that I am wrong.

Posted by drglowry on Wed, 11/02/2009 - 00:23
Bellyup I agree our PR was

Bellyup I agree our PR was excellent.

In contrast I think Mr Brown ought to look again at Mr Thurso's comment with regard to the IOM taking legal action against the FSA -

“Let me offer you some free advice. You appear to have two elements to this, You have one side which is really you get decent legal advice that says, it is a good case, you should go for it”, and I have got a suspicion you would probably get that without too much trouble, and you have also got the small problem of foreign relations. We might not have much of a navy but I suspect we could probably retake the IOM.

Is that not the problem, you have got a balance between what you legally might be able to get your hands on and the fact that you have got big brother government over here who already regards you as a bit of a pain in the neck tax haven in the North Sea that ought to be taken out ? Is that not the core of the problem ?”

I think this really hits the nail on the head. Does this look like good PR for the Mr Brown and the IOM ? I don't think so.

Posted by homeless on Thu, 12/02/2009 - 06:31
"Like Ms Lewinsky, I was OK

"Like Ms Lewinsky, I was OK whilst IOM was having its way with me, but now IOM doesn't want to know me. I certainly feel like Mr Brown would like to cast me away like a used banana."

Shouldn't that be "used watermelon", or "used ashtray". Perhaps you know something we don't...

Posted by Minotaur on Fri, 13/02/2009 - 18:32