Letter: Your Shout - I We'll All Pay for Bad Investment

Summary


WHEN North East councils decided to buy into the Icelandic banking system, they took a risk.

If the money is lost, I assume the money will not come out of the pockets of those who invested it. It will be paid for by a cut in services, an increase in council tax, or both.

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Extract


Letter: Your Shout - I We'll All Pay for Bad Investment

Can someone explain to me why we have a surp...

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