Originally Posted by Sweetpea
Wrong! They took our money first and we then demanded our money back...
The UK did actually use anti terrorism laws (well, the Anti-Terrorism, Crime and Security Act) to take control of the assets of an Icelandic bank. It was done to protect the investments of UK residents in it, as the bank was having problems at the time. Unsurprisingly, the implied link to terrorism and the bank concerned going on a list of proscribed regimes (alongside al-quaeda) upset one or two people... (it later got re-categorised)