As I recall, Iceland had the advantage that it was UK depositors who funded their banks not Icelandic ones. The Icelandic banks effectively let their UK subsidiaries fail, pushing the cost onto the U… (View Post)

Not quite: the 70:1 ratio is the ratio of loans to shareholder's equity, not to ratio of loans to deposits (which was much closer to 1:1). (View Post)

Did you know that Disney has its own management education center that gives out qualifications: they truly can be called Mickey Mouse degrees. (View Post)

What about those of us who were paid for 80,000 but only worked for -say- 15,000? (View Post)

The simple solution is surely to criminalize people attempting to evade tax by not working. Every single one of those people earning £95k or so should be investigated. (View Post)