2009/3/23 Gordon Joly <gordon.j...@pobox.com>:
> At 22:31 +0000 22/3/09, Thomas Dalton wrote:
>>2009/3/22 Gordon Joly <gordon.j...@pobox.com>:
>>> Also recall how local authorities got their fingers burned in Iceland...
>>That wasn't due to risky investments, that was due to putting your
>>money in a bank that then went bust. Hardly their fault.
> Only in that they chased a better return offshore?
Of course it was their responsibility. They made the decision to put
their money in those banks. That doesn't mean it was their fault the
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