The emergency law inodtruced by the Iceland government is what made everything unfair and created this whole mess.These banks clearly commited big fraud and lied to the investors.The Icelandic government should never have meddled in these Bank's affairs and a fair process should have been followed to dissolve these banks and pay the creditors equally, albeit 10-20 returns%But Iceland wanted everything, not to pay the ivestors and still pay the Icelandic depositors from the the proceeds fo these Banks.You cannot have both. Something is very wrong with the process.The British and Dutch will deal with the matter.These are very influencial and very powerful nations that determine the direction of history. Glad these two nations are taking things seriously. Wonder when the Germans will act, because they lost big money in Iceland.Watch this space in the next few months.

by Tara 05:41:47 AM 2012.07.28