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Article: Floating on a raft of ambiguity: the Cayman Islands drift offshore, unsure of whether they want to follow the fecund currents of capital or set course for land and the relative safety of the state.(OFFSHORE: THE DARK SIDE OF THE GLOBAL ECONOMY)
- Article from:
- Risk & Insurance
- Article date:
- October 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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One only hopes that William Brittain-Catlin doesn't have any money stashed away in the Cayman Islands. It's not likely he's going to win any friends or tax breaks there anytime soon.
Thanks to his enlightening new book called "Offshore: The Dark Side of the Global Economy," (Farrar, Straus & Giroux) he's done the world--if not himself a service in showing how the rich become filthy rich thanks to offshore tax havens like the Cayman Islands, the Bahamas and Guernsey.
Brittain-Catlin, a former BBC producer and investigator for Kroll, now part of the parent company of Marsh & MeLennan, is at his best when he weaves his personal anecdotes of the sights and ...