Ugland House: Difference between revisions

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[[File:Ugland House|400px|thumb|right|The building which stands today in memory of Robert Maguire Ugland]]
{{a|cayman|[[File:Ugland House.jpg|450px|thumb|center|The building which stands today in memory of [[George Robert Maguire Ugland]]]]}}
'''Robert Maguire Ugland''' (1872-1957) was a British brewer and industrialist who founded the [[Cayman Islands rum cake|Tortuga]] factory in the [[Cayman Islands|British West Indies]] and who, having made his fortune exporting rum cakes, devoted the autumn years of his life to corporate philanthropy.  
A grand, ocean-fronted five-story Spanish hacienda, [[Ugland House]], houses tens of thousands of homeless, cold, starving  [[orphan ownership|orphan]] [[special purpose vehicles]]. It was named after the founding father of Caribbean [[high finance]], [[George Robert Maguire Ugland]], who set up the first orphanage for parentless [[espievie]]s in the [[Cayman Islands]] in the 1950s.  


He set up his first shelter — a safe house for lost and wayward corporate fictions, in Bermuda in 1923, and later  in 1941 established a colossal facility for unwanted limited liability corporations, general partnerships, Delaware subsidiaries, corporeal trust entities and fiduciaries in the then uninhabited [[Cayman Islands]].
Ugland’s protogés the [[Maple brothers]], together with their long-time collaborator, dour Glaswegian botanist [[A. J. N. Calder]], built [[Ugland House]] into a magnificent charitable alms house. The building has supplied the world’s asset management sweatshops with a never-ending stream of disciplined, well-schooled orphan [[espievie]]s for over forty years now.


:''“Give me your poor, huddled, lost little [[special purpose vehicle]]s of the world. Give them to me. I will feed them. I will shelter them, just as they will shelter you, and your taxable income.”
In G. R. M. Ugland’s own immortal words:


Ugland’s legacy today is the grand, five story Spanish frontage to [[UGland House]] which, to this day, houses tens of thousands of [[orphan ownership|orphan]] companies.
{{quote|''{{ugland quote}}''}}
 
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