2009/3/26 Gordon Joly <[email protected]>: > At 15:52 +0000 23/3/09, Thomas Dalton wrote: >>2009/3/23 Gordon Joly <[email protected]>: >>> It is important for a local authority or a registered charity to >>>be prudent.... >> >>The regulators said there was nothing wrong with the Icelandic banks - >>I think going with what the regulators say is sufficient to satisfy >>the duty of care. Anyway, this is massively off-topic! > > Yes, massively off topic.... > > http://news.bbc.co.uk/1/hi/uk_politics/7963986.stm > > "Seven English councils have been accused of "negligence" for putting > money into Icelandic banks days before they went bust last October."
Indeed - putting money in after the credit ratings were reduced was rather foolish, I hadn't realised they had done that! _______________________________________________ Wikimedia UK mailing list [email protected] http://mail.wikimedia.org/mailman/listinfo/wikimediauk-l WMUK: http://uk.wikimedia.org
