Are you really saying that someone with their life-savings of £100K in the Rock should have been told, ah well that's the luck of the draw, here's £30K back [in the event of it just being allowed to fail].
If so then you must concede there was little in the way of government warnings of the TREMENDOUS risks depositors were taking if they had more than £30K in one place. Does someone with £300K really have to open 10 different savings accounts in BirksWorld just to diversify that risk. There must be a better way surely.
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Date: 2007-11-20 10:38 pm (UTC)If so then you must concede there was little in the way of government warnings of the TREMENDOUS risks depositors were taking if they had more than £30K in one place. Does someone with £300K really have to open 10 different savings accounts in BirksWorld just to diversify that risk. There must be a better way surely.
matt