info.LandsbankiAction.org.gg   12-Jan-2012: Liquidators' 2nd Interim Report.  www.deloitte.com/uk/landsbankiguernsey

Crunch threatens offshore money

Councils around Britain have £850m trapped in collapsed Icelandic banks. The latest figures on councils and public bodies in the UK could hardly be more stark.

But as much, if not more, has been invested by British depositors in Icelandic-owned banks in Guernsey and the Isle of Man. 14-Oct-08.

http://www.channel4.com/news/articles/business_money/crunch+threatens+offshore+money/2523727