Huge differences in when councils risked putting cash into doomed Icelandic banks have been unearthed by Channel 4 News online.  . .

. . .Administrators in the UK and Iceland are trying to recoup money for creditors by raising cash from the banks' remaining assets, although as councils are not "retail" depositors they are not guaranteed any return. A Landsbanki creditors' meeting was set to take place in Iceland this morning, where those with money frozen were hoping for a clearer picture of what was going on.  20-
Feb-09.

http://www.channel4.com/news/articles/business_money/when+did+your+cash+go+to+iceland/2965662