Landsbanki Guernsey savers threaten demonstrations

Approximately 70% of individual deposits are still at stake after the bank went into administration in October last year. The Landsbanki Guernsey Depositors Action Group (LGDAG) says sentiments of 'grave disappointment, deflation and vocal anger' were expressed by international savers with the bank in response to the news depositors must rely on the work of the joint administrators, not the State, to get their money back. The action group slammed the state of Guernsey as having 'no appetite' to help savers in the bank recover their savings. Matters came to a head as distressed Landsba...