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

Forced to stand on its own three legs

Article written in the wake of Alistair Darling's comments on the Isle of Man and 'tax havens'.

Details the Isle of Man's supportive response to depositors and says, 'some believe the island may gain on its rivals in Guernsey and Jersey. Guernsey refused to bail out savers in Landsbanki, another Icelandic subsidiary, saying precious taxpayers' money should be spent on its own citizens, not offshore investors.'  12-Nov-08.

http://www.ft.com/cms/s/0/62579ac4-b05c-11dd-a795-0000779fd18c.html