To Rod, London I would say your post appears shortsighted & reactionary.

KSF IoM wasn't paying "juicier" interest rates than any other bank on the island. Even if they were, are you inferring that the recipients are less entitled to protection and shouldn't complain?

Lester Mcilwaine, Arad, Romania

If the ex-pats were left with no choice but to deposit savings in an offshore account on the IoM, then why did they choose KSF?

Were there not other banks? Or was it that those other banks simply did not offer such juicy rates?!

Rod, London,

We put money with Derbyshire building Society IOM, NOT TO EVADE TAX, as TAX IS STOPPED AT SOURCE, in addition we have always declaired the monies on our annual TAX RETURN in U.K and paid the extra tax, we are U.K residents and U.K tax payers so why haven't we got the 100% guarantee. We were sold out

susan, barnsley, u.k.

There are many depositors like myself that had their savings invested with Derbyshire Offshore before this UK building society chose to sell out and transfer all its accounts to KSF IOM in December 2007. I was reassured by both Derbyshire Offshore and KSF that my savings would be safe with KSF.

Brian Mallett, Newmarket, Canada

"People who took KSF IOM high interest accounts have lost the gamble they took.That is life"

John from Liverpool, you know nothing. Not everyone can manage to get a job in the UK, and when you work overseas, you're not allowed to bank there anymore. Is a savings account a gamble in your mind?

David, Lincoln, UK

Almost 90% of these depositors have worked and lived all their lives in the UK and paid taxes there but for political pride they have been deserted by the government.

Darrell Monteith, Omagh, UK

A survey of members of the Kaupthing Isle of Man Depositors Action Group showed that just 3 per cent of its members had more than £1million deposited with the bank, while 29 per cent had between £50,000 and £99,999 and 19 per cent had between £100,000 and £249,999. The money often represented people’s life savings or their retirement fund. Those who do not have a UK address cannot open a UK bank account, leaving little choice for people who want to continue holding money in sterling but to open an offshore account.

Herbert, Douglas IoM,

My husband and I both worked for the NHS before we left for Kuwait. We have tried to live prudently to save for our retirement . This is not fair and I have every faith that we will not be left like this .

Gale Shaheed, Ahmadi, Kuwait

The UK Goverment has rightly seized the assets of KSF UK after the Iceland goverment said KSF UK customers would not be given any money back.Members of KSF IOM should be complaining to the Icelandic goverment.People who took KSF IOM high interest accounts have lost the gamble they took.That is life

John, Liverpool, UK

Reality is that the £550 million left IOM and was loaned out on mortgages that will not be paid back, or worse derivatives of fake AAA rated 'mortgage backed' securities (i.e. worthless paper). Sadly we will have to take the 50k and run and put new money under the mattress. It will be a hard lesson

Brian, Houston (Expat), TX

My sister who works for a childrens charity in South Africa has lost all her saving in the IOM. She didn't go to the IOM for a high interest rate but simply because since 9/11 non-resident British Expats can't open a bank account in the UK. She was a despositor not an investor or speculator.

Thomas, Manchester,

2 UNTRUE assumptions made by some: 1.People bank offshore to avoid tax.NB those living in EU answer to tax authorities for income generated.2.UK expats choose offshore for better returns. NB Without a recent UK utility bill, due to ludicrous "anti-terrorist" UK laws, we cannot open a UK bank account

Malcolm Clegg, Wroclaw, Poland

Depositors in KFS enjoyed high returns because of the banks high risk strategy. If you choose a high risk strategy with no protection scheme why should UK tax payers who recieve less interest (and pay tax on that interest) bail you out. The £550M was on lent to the Icelandic parent - chase them!

Jonathan Fallon, London,

We are simply asking for our money back....
I am British and an expatriate in Asia.
I have carefully saved what I could over the last 20 years so that I could retire in the UK...now it looks like I've lost the lot....
Do something Gordon Brown....we are counting on you!

Philip Curran, Singapore,

It has been very interesting and unprecedented that the appointment re KSF UK has been kept a secret. The depositors are just trying to reclaim their £550m that belongs to them and they are being blocked by secrecy from their own Government?? Is the UK becoming a totalitarian state?

Martin, Florida, USA

I have savings in Kaupthing Singer&Friedlander.
Every penny of was earned in the U.K and subject to income tax.This is a disgraceful confiscation of peoples property by the U.K Goverment.
We would expect it of Robert Mugabe-but a British goverment.!
Moral compass indeed!

Simon, London, U.K

We want our £550 million back, it is our money, we are not asking the UK Government to bail us out, just release what is ours.
I am a British Citizen, I live in UK, I pay UK Taxes, I vote in the UK and I have lost potentially £300,000, my families life savings. Gordon Brown needs to act now

Maria, Crawley, England