Tag Archives: financial position


Cayman Islands Current Financial Position – Not Bankrupt

West Palm Beach (HedgeCo.net) – In a statement outlining the Cayman Islands financial position, the Hon. McKeeva Bush, Leader of Government Business/Premier Designate issued a statement regarding recent media coverage suggesting that the Cayman Islands is bankrupt, “We can confirm […]

Maxam hedge fund sues auditors

Reuters – Maxam, an investment adviser based in Darien, Connecticut, relied on the auditors for their expertise in examining Madoff’s firm, according to the lawsuit filed in Connecticut Superior Court in Fairfield County. The lawsuit, though, said the auditors issued […]