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To: Argus

How much of Paulson’s $700B will end up in the Cayman Islands?


10 posted on 10/02/2008 5:05:56 PM PDT by AndyJackson
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To: AndyJackson
How much of Paulson’s $700B will end up in the Cayman Islands?

Relatively little.

The bailout is designed to recapitalize (mostly but not entirely domestic) commercial and investment banks, not hedge funds.

jas3
14 posted on 10/02/2008 5:08:42 PM PDT by jas3
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