Kent on ICE.

South East News has just reported that Kent County Council had £50 million 
invested with ICE. Strangely they say that they will not lose anything and 
that they abided by all the rules on investing their capital.
Derek. 



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date: Wed, 8 Oct 2008 18:38:54 +0100 author: Tom Mix

Re: Kent on ICE.

"Tom Mix"  wrote in message 
news:1223494677_175186@news.usenet.com...
> South East News has just reported that Kent County Council had £50 million 
> invested with ICE. Strangely they say that they will not lose anything and 
> that they abided by all the rules on investing their capital.

of course they won't lose anything - they've got the bottomless pit of the 
taxpayer to bail them out.  We've all already been saddled with the risk 
reckless bankers took to the tune of £16k each.  wahey.   Its a cash 
hosedown!

date: Thu, 9 Oct 2008 09:02:14 +0100 author: The Hatter