Too Big to Bail

I found some interesting
articles a few days ago about the current situation in the Cayman
Islands.

http://www.guardian.co.uk/world/2009/sep/25/cayman-debt-crisis-budget-postponed

http://www.caymannewsservice.com/business/2009/09/25/travers-hits-out-damaging-uk-%E2%80%9Cdithering%E2%80%9D

The area is a British overseas territory located in the Caribbean, considered a “Mecca” for many of the most “notorious” financial institutions, like [...]