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| Sunny Place For Shady People- |
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| Ship Happens |
Thursday, March 6, 2014
Cayman Islands-John Grisham Effect
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A trillion+ US dollars are parked here, most of it in trust and hedge funds. Over 19,000 entities doing business here (well-on paper) you know like in Newport Beach, CA Mailbox etc. It's the Delaware of the Caribbean. A sunny place for shady people? With a big helping of Hollywood, and The Firm, this place has become the global villain but is it really such a bad thing-capitalism I mean.
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