Re: Did depositers lose any money in iceland?would ireland be the same if IMF interve
Eventuallly found this on the web so posting it for completness from april 09 hopefully its accurate ! it seems to say bank deposist were uneffected
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Bjorn Malmquist: Well, we didn't lose money on our bank deposits but a lot of people lost money on their money market accounts and a lot of people lost money on their stocks. Because a lot of people had stocks in the banks, in the three banks that toppled last winter and all those stocks are now worthless. So a lot of people lost a lot of money