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Monthly Archives: January 2009

The CL Financial Bailout – CMMB press release

31-Jan-09

Good to see you again. Glad you enjoy the Limes.PRESS RELEASE Verbatim, statement issued Jan 30 CMMB Assures Clients Their Investments are Safe In light of the announcement today by the Central Bank regarding the CL Financial Group, CMMB wishes to reassure its clients that their investments with us are safe. CMMB continues to operate [...]

The CL Financial Bailout – Central Bank Statement

31-Jan-09

Presented verbatim, here is the full text of the statement made by Central Bank Governor Ewart Williams at the press conference on Friday: Some of you may know that CIB has been facing liquidity challenges over the past few weeks. These challenges came to a head in the last few days when the bank began [...]

T&T Gov’t to bailout CLICO, British American and CLICO Investment Bank

30-Jan-09

BREAKING: Friday 30th January, 2009 CL Chairman, Lawrence Duprey confirms that government will intervene in CLICO, British American and CLICO Investment Bank. Mr Duprey says this is just pre-emptive action and he does not believe that it will be a crisis. Central Bank governor says CLICO manages 38 billion in assets or a quarter of [...]

Now, where was I?

24-Jan-09

First, some housekeeping. To Mike, who commented on “This is not the time to not know what you’re talking about“, here is my belated response: Mike – I stand by my assertion that Ms Marajh’s coverage of the RBC/RBTT deal was textbook, which is what irks you. You criticise it as “routine” – I invite [...]

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This work by The Liming House is licensed under a Attribution-NonCommercial-NoDerivs 3.0.