Posts Tagged “CL Financial”

The CL Financial Bailout – CMMB press release

by sinistra on January 31, 2009

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 (…)

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The CL Financial Bailout – Central Bank Statement

by sinistra on January 31, 2009

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. (…)

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

by sinistra on January 30, 2009

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 (…)

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