Credit Crunch
Am I right in hearing that Lancaster City Council had some of your hard earned money in one of those Icelandic banks which has gone bump?

Lancaster £6m Lancashire County £10m Chorley £2m South Ribble £5m Burnley £1m http://news.bbc.co.uk/1/hi/england/lancashire/7661668.stm

£6 mil. Blimey. That's The Crusty Stadium down the pan then eh?

The amusing thing is, the councils were encouraged to use these banks by HM's Govt. Well done Browny, you useless article.

Even more bizarre is we are lending Iceland 100 million as a loan so they can pay back British investors. By the way MC it was John sex machine Prescott who advised them to put money into banks in Iceland