I am also supportive of an action group. There is an article in this evening's Jersey Evening Post about one saver who stands to lose £30000. It also details that depositers have no protection from Iceland or Guernsey - even the formation of a protection plan will be unfortunately be too late for LG. The offers were heavily advertised both in the local press and online earlier this year in Jersey and one politician is starting to investigate. I think a pressure group to act as a liaison with the adminstrators and States of Guernsey is the only real way forward.