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Wyly Brothers Charged With $550 Million Fraud
Thu, 29 Jul 2010 16:12:38 -0700
The S.E.C. contends that Samuel and Charles Wyly created a sham web of trusts and subsidiaries in the Isle of Man and the Cayman Islands to conceal their sales of more than $750 million of stock in the companies.

Bush backers engulfed in $550m scandal
Fri, 30 Jul 2010 16:11:14 -0700
America's liberals must be thinking that Christmas has come early this year: two ultra-conservative Texan billionaires who played key roles in the re-election of President George W Bush now stand accused of perpetuating a massive $550m (£350m) insider-trading scam through a string of offshore trusts based in the Cayman Islands and the Isle of Man.

Call for code to collar local judges
Fri, 30 Jul 2010 02:29:04 -0700
In the wake of a United Kingdom Privy Council ruling yesterday that Judge Priya Levers should be removed from the bench in the Cayman Islands for misbehaviour, a call is being made in legal circles for a judicial code of conduct for judges and resident magistrates...

Texas Billionaire Brothers Charged With $550M Fraud
Fri, 30 Jul 2010 09:51:35 -0700
The Securities and Exchange Commission is going after two very big fish. On Thursday, the agency accused Samuel Wyly and Charles Wyly of "using secret overseas accounts to reap more than $550 million in profit through illegal stock trades." According to the government, the brothers set up an elaborate network of accounts in the Cayman Islands and the Isle of Man that were used to trade stock in ...

Greenlight Capital Re to Release Second Quarter 2010 Results
Wed, 28 Jul 2010 11:19:56 -0700
GRAND CAYMAN, Cayman Islands -- Greenlight Capital Re, Ltd. , a specialist property and casualty reinsurer based in the Cayman Islands, today announced that it expects to release financial results for the second quarter 2010 on Monday August 2, 2010.

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