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Pirate Legends

|Includes: DB, GS, HSBC Holdings PLC (HSBC), UBS

Who would'a thunk it? Not me, anyway. The Cayman Islands holds more US Treasury securities than Saudi Arabia, Russia, and Italy combined.

ticdata.treasury.gov/Publish/mfh.txt

I swam with the stingrays, drove in the passenger seat on the wrong side of the road, and snorkeled there. It was a blast.

"...a robust regulatory regime and no or low entity-level taxation allowed the Cayman Islands to build a long lasting reputation as a global hedge funds hub."

Oliver Wyman 2014

www.oliverwyman.com/content/dam/oliver-w...

Still, rumors persist to this day of as-yet undiscovered treasures stashed away on the islands...

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.