banks government guarantee, page-6

not much said about the frozen funds on the news lately caused by the govt guarantee,
know of 2 who have had their funds frozen cannot withdraw and watch their capital melt away
ie 420000 to 180000
and another who sold a house.. deposited the money in a well repected fund went on holiday came back.. cannot access money
relying on son etc and had to get a job

govt guarantee was for the banks not joe blow or else they would have made it for $150000 max.


old story but still going on....

http://www.news.com.au/business/story/0,27753,24557407-462,00.html