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Issue No. 592 Friday, 13 February 2004

Ritz issues Writ

Ritz-Carlton Grand Cayman development company Condoco Grand Cayman Resort Ltd and owner Michael Ryan and are suing KYC News for libel after the company published a report about the project on their website last week... read more...


Breaking down the myths with an in-depth look at the offshore finance industry

Grand Cayman - Some of you reading this maybe thinking, "Ah Cayman, isn't that the place with all the illegal financial activity?"  It is true Cayman is the world's largest offshore financial center, and the world's fifth-biggest financial center, even though it is in the middle of the Caribbean on a small, pleasant island with only 40,000 people... read more...


'The Passion of Christ' coming to Cayman

Probably one of the most controversial religious-themed movies ever made will be screened in Grand Cayman next month...  read more...


Pit Bulls Attack Another Dog

The Department of Agriculture is reminding dog-owners to secure their animals after two pit bulls attacked a six-month-old puppy last week in an apartment complex in West Bay.  "It could have been my son," said Sherlon Ebanks, the owner of Tiger, the puppy mauled on Bankers Road last Wednesday. "My wife called me at work and told me that two pit bulls had attacked Tiger and that he was bleeding badly."... read more...


Seven banks and employees placed under formal investigation in Parmalat scandal

Italian prosecutors handling the Parmalat financial scandal have placed under investigation five international banks, two Italian institutions and some employees for suspected market-rigging, media reports said earlier this week... read more...


Caymanian of the Week - Erick Linwood


Simple pleasures make Erick happy. He spends time building sandcastles with his seven-year old daughter. She has been away recently with her mother, who is studying Banking and Finance in Panama. He also likes to work out at Gold's Gym.  Erick visits his relatives in the Bay Islands every two years. He is glad that he grew up in Cayman because although there is some crime here, it is pretty safe. "My daughter can still play outside, and you can still go out and forget to shut the windows without worrying," he said... read more...


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