Tag Archives: Cayman Islands

The Euro Dollar Market and Financial Crises

Posted on February 11, 2011 by

sent in this morning to us    Eurodollars are time deposits denominated in U.S. dollars at banks outside the United States, and thus are not under the jurisdiction of the Federal Reserve. Consequently, such deposits are subject to much less … Continue reading →

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IFSC Nothing But A Tax Haven

Posted on February 10, 2011 by

How the IFSC ‘HQ’ became shadow of its intended self Financial centres such as the IFSC formed a major part of the “shadow banking sector”, which has been blamed for the current crisis. Photograph: Bryan O’Brien OPINION: Study of 46 treasury … Continue reading →

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WikiLeaks new video news

Posted on January 18, 2011 by

 Swiss banking whistleblower Rudolf Elmer is in London today, where he intends to give WikiLeaks the “offshore banking secrets of the rich and famous” ahead of trial later this week in Switzerland. From the Observer’s story yesterday: British and American … Continue reading →

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