Christian II, King of Denmark and Iceland, tried to sell Iceland to King Henry VIII and the Dutch cities in 1509. . .

. . .I don’t understand the attempts of the British and Dutch governments to force the Icelandic public to pay debts which we did not create at all.

Most of the funds accumulated by the Icesave accounts by the crazy bankers at Landsbanki were used to fuel businesses and acquisitions in the UK and the Netherlands. The bank paid taxes in these two countries.

Lansbanki bank should also have been monitored properly by the authorities in these countries when it offered higher interest rates than all other banks.

I’ve always argued that the remaining assets of the crashed Landsbanki should be used to pay the Icesave account holders as far as they can cover the amounts. That would simply be fair. It has been claimed by our government that these assets will cover up to 90 percent of the Icesave debt. 04-Mar-10.

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