http://www.gfsc.gg/content.asp?pageID=421

incidentally , despite what is being said , NR plc has not actually been nationalised [ yet]; technically the uk government has taken control and it is now part of the national debt !

actually , the reference to individual investors is not necessary ; as the uk government has guaranteed the solvency of NRG , the guernsey authorities can enforce the repayment of all investments ; you will notice that they are seeking to set up a guarantee scheme as per the FSA ...as it stands you would be mad to put your money in guernsey other than at NRG , presuming their interest rates continue to be competitive