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Paul Ryan called Cayman Islands ‘the place where you hide your money’

by Jed Lewison, Democratic Underground Paul Ryan called Cayman Islands ‘the place where you hide your money’ Via BuzzFeed’s Andrew Kaczynski, Paul Ryan talks about the Cayman Islands as a tax shelter in a 2010 speech to the U.S. Chamber…

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Romney Claims No Tax Advantage in Caymans

By Timothy Noah The New Republic Here’s a puzzler from an FAQ accompanying Romney’s release of his 2011 tax returns and a summary of his returns from 1990-2009: There are some investments that seem to be established in offshore accounts,…

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Justin Bieber’s mom, Pattie Mallette, pens book on abuse, faith, sex and her boy

Shawna Richer, The Star  Justin Bieber’s frenzied fans think the Canadian pop phenomenon’s infective hits, lustrous hair and adoring social media love are a gift from God. His mother, Pattie Mallette, knows he is, and after reading her first book,…

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China Mass Media Corp. Announces Extraordinary General Meeting of Shareholders

BEIJING, Sept. 24, — China Mass Media Corp., incorporated in the Cayman Islands (“CMM” or the “Company“) (PINK: CMMCY), announced today that it has called an extraordinary general meeting of shareholders (the “EGM“), to be held on October 31, 2012 at…

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RBS CEO warns on cost of rectifying past misconduct [with transactions tied to Cayman Islands]

Royal Bank of Scotland’s Chief Executive Stephen Hester has warned that the part-nationalised bank faces hefty penalties for rectifying past misconduct and said the overall cost of dealing with the issues was impossible to forecast. The bank is under investigation…

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A Dull Night At The Emmys, But A Big One For ‘Homeland’ And ‘Modern Family’

by Linda Holmes, npr Let us say this first: As an actual determination of the utmost merit in television, the Emmy Awards are ridiculous and have been ridiculous for quite some time. Naming shows that the Emmys failed to take…

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O2Micro Receives Patent for BMS Invention

GEORGE TOWN, Grand Cayman, Sep 24, 2012 – O2Micro(R) International Limited, a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced that it was issued 23 claims under United States patent number 8,222,870…

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Indaba Capital Fund, L.P. Acquires Common Shares of NiMin Energy Corp.

TORONTO, Sep 24, 2012 – Indaba Capital Fund, L.P. (“Indaba Capital Fund”), c/o Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands, today announced that it acquired ownership and control of 2,621,441 common shares (the…

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The right’s eyebrow-raising defense of Romney’s foreign tax havens [like the Cayman Islands]

Paul Abrams Huffington Post All men are mortal. Socrates is a man. Therefore, all men are Socrates. (Love & Death, Woody Allen). Mitt Romney (R-MA) seems to have succeeded in becoming persona non grata overseas, but his money is welcome…

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Satellites trace sea level change

Scientists have reviewed almost two decades of satellite data to build a new map showing the trend in sea levels. Globally, the oceans are rising, but there have been major regional differences over the period. A major reassessment of 18…