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Cayman Islands rum cake: Difference between revisions
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A love letter, written in blood. | A love letter, written in blood. | ||
Many people around the world make it their business to deal with {{tag|Cayman Islands}} {{tag|special purpose vehicle}}s. It couldn't get much more exotic:— | Many people around the world make it their business to deal with {{tag|Cayman Islands}} {{tag|special purpose vehicle}}s. It couldn't get much more exotic:— Hi finance, international intrigue, critical faxes running out of paper and saving Tom Cruise’s bacon<ref>John Grisham: ''The Firm''. Possible, but highly implausible.</ref>; gangsters throwing [[Anti-money laundering|money-launderers]] to the crocs<ref>Ben Affleck in ''Runner Runner''. Preposterous. There aren't crocodiles in the [[Cayman Islands]]. {{cayman crocodiles}} | ||
</ref> and of course a whole, crazy, swinging scene out there of inter-marital ''jiggery pokery'' | </ref> and of course a whole, crazy, swinging scene out there of inter-marital ''jiggery pokery'' — the island is about the size of Poole, in the middle of a cruel ocean and beset by tropical storms, so it is no real surprise people wind up in each others’ spouses’ beds, especially in hurricane season. Viz: | ||
:—Oh look! my car is in the neighbour’s tree! | :—Oh look! my car is in the neighbour’s tree! | ||
:—And so is my launch! | :—And so is my launch! | ||
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Me neither. | Me neither. | ||
Anyhow, the sad cadre of {{tag|London}}-bound lawyers who commission and then have to review | Anyhow, pity the sad cadre of {{tag|London}}-bound lawyers who commission Cayman [[SPV]]s and then have to review their salty board minutes<ref>Properly dirty these are. I couldn’t begin to tell you.</ref> generated by these philanderers, who spend long London evenings staring out into the dank gloom, longing for the exotic spice of island life. But is anyone ever going to stump up to let you actually ''go'' out there? Like even to conduct [[due diligence]]? That would be prudent, right? | ||
Financiers are partial to absurd boondoggles, [[gardening leave]]; [[corporate entertainment]] and [[Business day convention|conferences in exotic locales]], but even there, there is a limit and you, sir, are not swanning off to the Caribbean just to “check the place out”. Not even for the good of the firm. | |||
The closest you will get is when the corporate service providers out there send you the annual thank-you for your custom over the year. By time-honoured tradition they do this by means of an air-mailed Tortuga [[Cayman Islands rum cake]]. | The closest you will get is when the corporate service providers out there send you the annual thank-you for your custom over the year. By time-honoured tradition they do this by means of an air-mailed Tortuga [[Cayman Islands rum cake]]. | ||
{{dramatis personae}} | |||
{{egg}} | {{egg}} | ||
{{ref}} | {{ref}} | ||