Thursday, October 1, 2009
Severe shortage of cash
Bankrupt Cayman Islands to get £38m bail-out
After lengthy wrangling, the British overseas territory on Wednesday confirmed that it has finally secured permission from the UK to obtain a CI$50m (£38m) bail-out loan to plug a 35pc-40pc collapse in revenue this year.
Posted by devo @ 10:56 PM (647 views)
One thought on “Severe shortage of cash”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
bystander says:
Maybe they should start taxing the businesses and high net worth individuals more heavily, rather than be bailed out………simples.