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Tag Archives: CLICO

Leid us not into folly

Former CLICO Corporate Secretary Geoffrey Leid set a new standard for positive thinking by denying that the bankrupt insurance company has failed its shareholders. He conceded that CLICO did have “liquidity woes.” Wired868 cannot confirm that Leid also revealed that the Titanic was not a nautical disaster but is just …

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Handling the truth

Oh, the obsession with courtroom drama. It seems my twelve year old son shares this affliction with the rest of us. The fact that the media outlets have been focused on quite a number of Commission of Enquiries and a few high profile cases involving civil lawsuits has accounted for …

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Ex-Finance Minister in dark place

Former Finance Minister Karen Nunez-Tesheira claimed yesterday, during the State enquiry into the billion dollar collapse of insurance giants CLICO, that she was in the dark about everything—including her own actions. Nunez-Tesheira and her sister broke their deposits four weeks before the company crashed. She insisted that her actions were …

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