More on the Fletcher International Bankruptcy Case Trustee
Further to our story “Embattled Cayman Islands’ Fletcher Fund Gets Bankruptcy Trustee” in iNews Cayman As we reported, Fletcher International Ltd., a bankrupt hedge fund managed by the investment firm of Alphonse “Buddy” Fletcher, will have a trustee oversee its…
The world’s largest engine
The Wartsila-Sulzer RTA96-C turbocharged two-stroke diesel engine is the most powerful and most efficient prime-mover in the world today. The Aioi Works of Japan ‘s Diesel United, Ltd built the first engines and is where some of these pictures…
Unite union leader warns of wave of public sector strikes (and Cayman gets another plug!)
Dan Milmo, industrial editor guardian.co.uk Len McCluskey, general secretary of Unite, pledges to escalate protests against austerity measures before next election. “We are talking about low-paid workers. If they get an additional £40 a week, they will be spending…
ECB’s Mario Draghi unveils bond-buying euro debt plan
Mario Draghi, president of the European Central Bank, has unveiled details of a new bond-buying plan aimed at easing the eurozone’s debt crisis. He said the scheme would provide a “fully effective backstop” and that the euro was “irreversible”. The…
Better Off Than Four Years Ago? I’d Say
A Commentary By Froma Harrop* Thursday, September 06, 2012 Are you better off today than you were four years ago? Ronald Reagan’s 1980 campaign zinger is back in 2012. Let’s see. Four years ago … four years ago. That was…
Embattled Cayman Islands’ Fletcher Fund Gets Bankruptcy Trustee
A federal bankruptcy judge has appointed a trustee to oversee a bankrupt Fletcher Asset Management hedge fund, a victory for three Louisiana public pension funds that invested $100 million in the vehicle. U.S. Bankruptcy Judge Robert Gerber said a federal…
PNP politicians try to shift blame for health care contract
With a poor standard of health care costing residents on the Turks and Caicos Islands (TCI) an exorbitant amount of money, the Progressive National Party (PNP) – the ruling party immediately prior to the imposition of direct rule by Britain…
Foreign Lobbying In The U.S.: When the Cayman Islands wants to remain a tax haven
Domestic interest groups aren’t the only ones working the halls of Congress. For decades, foreign governments have paid a pretty penny to hire U.S. firms to get their interests on the U.S. agenda. When the Cayman Islands wants to remain…
More details of the Cayman Islands National Healthcare Conference
The Cayman Islands National Healthcare Conference 2012 will be held at the Ritz Carlton, Grand Cayman, October 18 – 20. Officials said that the conference is not just for professionals and experts in the field but for everyone and urged…
Rotary Sunrise inducts Dr. Sook Yin
The Rotary Club of Grand Cayman Sunrise has inducted Dr. Sook Yin as an honorary member of the Club. Dr. Yin has a long history of working with the Club on various community projects most notably those associated with the…
