You go online. You find a bank that gets you a 6% interest rate on your deposit. That is strongly above current interest rates - do you believe it is risk free? Is there any kind of information telling you it is risk free? No? Then, you should take in the risk, as you are taking in the interest rate.
Still, what is a basic of investment banking and economics is not being addressed by The Netherlands and the UK on the Icesave issue. Those countries are demanding full compensation from deposits from Iceland, for their national investors - instead of the guaranteed percentage each deposit holder should get.
Am I wrong, or are they trying to get a free lunch?
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