Lee Buchheit on Icesave
Today, Ruv aired an interview *(ca 20 mins; it starts with a short introduction in Icelandic but is in English) with the American lawyer Lee Buchheit who lead the Icelandic team in the Icesave negotiations with the UK and the Dutch. The referendum on Icesave takes place next Sat., April 9.
The votes seem to be fairly evenly split. Though polls have lately given majority to the ‘yes’ side there might be a greater momentum for the ‘no’ among undecided voters.
Judging from comments on the blog of Egill Helgason, the journalist who interviewed Buchheit, the clear and balanced presention that Buchheit gave of the negotiation and the possible consequences of a ‘yes’ and ‘no’ vote, did make an impression.
Icesave has repeatedly been presented as the most serious and wide-reaching effect of the collapse of the bank. It isn’t but it has blocked and stalled many other things in Iceland. Measuring the damage of prolonged Icesave limbo is difficult but in spite of unavoidable uncertainty Buchheit made a strong and convincing case for the ‘yes’ vote.
*The link has been improved and now leads directly to the interview.
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This interview is excellent. Lee Buchheit explains complex issues very clearly and, in my opinion, has dome an outstanding job in the renegotiation of the deal. Thanks for the link.
rod
4 Apr 11 at 9:32 pm