Special purpose vehicle: Difference between revisions

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{{g}}The [[special purpose vehicle]], or [[espievie]]<ref>Known in accounting circles, for some reason, as an [[espiecie]] — rest assured it is the same beast.</ref> is a unique species of [[joint stock company]], first discovered in the wild in the lush forests of [[George Town]], [[Grand Cayman]] by the Scottish naturalist [[A. J. N. Calder]] in 1926. For many years it was believed that the local genus, ''consortium restrictum culpam caymanium'' — the  “Common” or “Cayman Exempted” [[Espievie]] — was unique, but naturalists found variant species in other islands<ref>[[L. B. G. T. Appleby]] discovering the [[Giant Bermudan espievie]] in Bermuda in 1929, and Herbert Fonesca discovering the [[Panamanian Film espievie]] in 1953.</ref>. For many years the species was understood to be indigenous to the Caribbean, until pioneering Jersey botanist [[Ichabod Mourant]] discovered a colony of [[Oeic]]s<ref>a word derived from the Jèrriais for “imaginary legal entity” and pronounced “[[Oik]]”</ref> or “[[Oik]]” nesting in the archive stacks of Guernsey’s ''Library for the Illiterate''.
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[[File:SPV.jpg|450px|thumb|center|An [[espievie]] going about its charitable purposes yesterday]]
}}The [[special purpose vehicle]], or [[espievie]]<ref>Known in accounting circles, for some reason, as an [[espiecie]] — rest assured it is the same beast.</ref> is a unique species of [[joint stock company]], first discovered in the wild in the lush forests of [[George Town]], [[Grand Cayman]] by the Scottish naturalist [[A. J. N. Calder]] in 1926. For many years it was believed that the local genus, ''consortium restrictum culpam caymanium'' — the  “Common” or “Cayman Exempted” [[Espievie]] — was unique, but naturalists found variant species in other islands<ref>[[L. B. G. T. Appleby]] discovering the [[Giant Bermudan espievie]] in Bermuda in 1929, and Herbert Fonesca discovering the [[Panamanian Film espievie]] in 1953.</ref>. For many years the species was understood to be indigenous to the Caribbean, until pioneering Jersey botanist [[Ichabod Mourant]] discovered a colony of [[Oeic]]s<ref>a word derived from the Jèrriais for “imaginary legal entity” and pronounced “[[Oik]]”</ref> or “[[Oik]]” nesting in the archive stacks of Guernsey’s ''Library for the Illiterate''.


The [[espievie]] was first bred in captivity in a famous scientific collaboration between [[Calder]] and the brothers [[Maple brothers|Godfrey and Maginot Maple]], then working in the [[George Ugland]]’s zoological menagerie in [[George Town]]. The site is occupied today by [[Ugland House]], headquarters of an industrial breeding programme for [[espievie]]s of all kinds, meaning that the continued survival of this freak of financial biology is, for the foreseeable future, assured.
The [[espievie]] was first bred in captivity in a famous scientific collaboration between [[Calder]] and the brothers [[Maple brothers|Godfrey and Maginot Maple]], then working in the [[George Ugland]]’s zoological menagerie in [[George Town]]. The site is occupied today by [[Ugland House]], headquarters of an industrial breeding programme for [[espievie]]s of all kinds, meaning that the continued survival of this freak of financial biology is, for the foreseeable future, assured.

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