Riding out the storm in Cayman Brac

FOND DU LAC, USA: The Reporter, November 20, 2008 – It was supposed to be a relaxing trip, a time to rekindle old friendships, to bask in the sun of a Caribbean island while snorkeling and scuba diving. But near the end of their vacation, Brad and Deb Spoerke of Fond du Lac found themselves in the path of Hurricane Paloma. They rode out the storm clinging to the exposed second-story floor of their rented house on the north side of Cayman Brac while 140 to 150 mph winds and gusts up to 225 mph blew around them.

Learn.com, the leader in on-demand workforce development and productivity, announced today that the Cayman Islands Monetary Authority, the primary financial services regulator of the Cayman Islands, has introduced a streamlined and centralized instructor-led, compliance training program to the agency using an online software application. The LearnCenter platform will enable CIMA to manage instructor-led training throughout the agency.


Clinton’s Cayman investments under scrutiny

NEW YORK, USA: Bloomberg, November 20, 2008 – Bill Clinton has sent President- elect Barack Obama’s transition team a list of more than 200,000 donors to his foundation, according to a Democrat familiar with the process, the latest sign both sides are trying to clear obstacles to Hillary Clinton’s possible nomination as U.S. secretary of state.

If Hillary Clinton were to become secretary of state, her husband might decide to unwind his investments as the Clintons promised he would do if she were elected president. These include three Cayman Islands investment entities that Clinton joined through Yucaipa Cos. LLC, a company controlled by California billionaire Ron Burkle. Dubai Investment Group, an investment vehicle of the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, has been among the partners with Burkle and Clinton in the Cayman Islands.