CLICO: “A story of failure at every level… top management, regulators, government, auditors”


“A sad tale of incompetence… warning flags ignored for a decade…”

An excellent CNC3 Television programme from October 2010 if for no other reason than to see some of the panelists squirm.

“Why should taxpayers bailout naive or greedy investors?” Good question!

5 Comments

Filed under Barbados, Crime & Law, Economy, Trinidad and Tobago

5 responses to “CLICO: “A story of failure at every level… top management, regulators, government, auditors”

  1. J. Payne

    When you invest in a company you’re investing on the premise that you can make money, and you can loose money. There are potential rewards AND potential risks in investing. Clearly and unfortunately they lost on the investment.

  2. rasta man

    @J.Payne: You must be family to Mr Parris.

  3. 171

    Doan worry Rasta Man,
    clearly, he’s covering eith his or someone’ else’s posterior!

    The whole thing is shameful and embarrassing for the REGION.

  4. Mobert

    rasta man , what have you got against PM Parris?

    haha