Ex-Polycom CEO settles with SEC over lavish spending
By David Ruiz, The Recorder SAN FRANCISCO — The former chief executive officer of Polycom Inc. has agreed to pay $450,000 to settle charges that he illegally used company funds to pay for luxurious vacations and expensive personal items like clothes…
Trinidad court stays Warner extradition proceedings
From Caribbean News Now PORT OF SPAIN, Trinidad — A high court judge in Trinidad has stayed extradition proceedings against former FIFA vice president Jack Warner, but the former minister’s attorneys say they will not be rushed as they seek…
6,600-lb ‘car’ that NASA designed
I drove the 6,600-lb ‘car’ that NASA designed for astronauts on Mars, and I’ll never see space exploration the same way again By Jessica Orwig From Business Insider It’s not the fastest or the sleekest, but NASA’s Space Exploration Vehicle…
Stephen Diamond and Patrick Steele join US Capital Partners
Leading private investment bank for the lower middle market appoints Managing Director and additional Vice President following another year of strong business growth. SAN FRANCISCO, JANUARY 2016 – US Capital Partners Inc. announced today that Stephen M. Diamond has joined…
Cayman LLC should offer a ‘cleaner’ vehicle for PE managers
By James Williams From Hedgeweek It’s safe to say that the Cayman Island Government’s in-tray is probably rather full at the turn of the year. Two major developments are in train, both of which are set to further enhance the…
UPDATE: Boat captain to be probed. Miracle as British couple RESCUED after tourist boat SINKS in Caribbean storm killing 13
Tourist boat captain to be probed for tragedy off Nicaragua By LUIS MANUEL GALEANO, ASSOCIATED PRESS From ABC News MANAGUA, Nicaragua — Jan 24, 2016, 8:08 PM ET Nicaragua’s police, army and navy will investigate the captain of a tourist…
Dole Packaged Salads Recall
From Foster’s Food Fair Tue, Jan 26, 2016 at 9:04 AM Following the information received regarding the Dole Packaged Salads Recall, please find attached official Press Releases. We are not affected by this recall. This information is also available on our…
Cayman Islands: Man charged with Gross Indecency and Rape/Man charged in stabbing on Watercourse Road in West Bay Thursday (21) Night
From RCIPS: Tue, Jan 26, 2016 at 12:41 PM Man charged in stabbing on Watercourse Road in West Bay Thursday (21) Night Just before 10PM on Thursday, 21 January, a woman was stabbed in her residence on Watercourse Road by a…
iNews Briefs & Community Events (From BIG FISH 95.5)
Cayman Islands will NOT be introducing Daylight Saving Time anytime soon Premier Alden McLaughlin has confirmed that his government’s plan to introduce Daylight Saving Time this year will not happen. He gave the reason that there had been considerable…
