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Items tagged with: subsidiaries
Tag was last used: Mar 15, 2009
 
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Posted By:  zephyr
Posted On:  Mar 13, 2009

  Oil-rich Trinidad forced to borrow more after CLICO bailout

By Oscar Ramjeet: Caribbean Net News Special Correspondent - Email: oscar@caribbeannetnews.com: PORT OF SPAIN, Trinidad: CL Financial’s crisis will force the Trinidad and Tobago government to borrow more this year to sustain its rescue of the cash-strapped conglomerate. Central...... [view]

Posted By:  zephyr
Posted On:  Mar 12, 2009

  More Questions Than Answers In CLICO Failure

By CANDIA DAMES, Guardian News Editor - candia@nasguard.com: The CLICO debacle has ensnared a wide range of countries across the region and has raised questions about whether regulators' early warning systems failed to detect the disastrous decision making that triggered a multi-nation...... [view]

Posted By:  zephyr
Posted On:  Mar 7, 2009

  CLICO-Guyana problems not unique

GEORGETOWN, Guyana (GINA): The recent developments of the Colonial Life Insurance Company (CLICO) are not unique to Guyana as subsidiaries of four islands have also been affected by the recent financial troubles facing CLICO’s parent company, the Trinidad-based CL Financial. The governments...... [view]

Posted By:  zephyr
Posted On:  Oct 27, 2008

  An Obama victory could be bad news for Caribbean tax havens

By Barry Randall: Caribbean Net News Editor - GEORGE TOWN, Cayman Islands: With the US election looming on November 4, whoever is elected as the next president will have a major impact on global issues. According to Stephen Platt, Chairman of the BakerPlatt Group, a Senator Barack...... [view]

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