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Trinidad & Tobago: Sweetheart Deal

“For those of us who did not invest with CLICO, the mere idea of our taxpayers’ funds being used to rescue those who placed high-return deposits is deeply offensive. Both the CL Financial chiefs and the depositors who took the chance at investing at those incredible rates of return are being spared the consequences of their decisions by the bailout process”: Afra Raymond continues his examination of the ongoing CLICO debacle.

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