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Monday, October 4

Trinidad and Tobago Prime Minister: CLICO a scheme like Ponzi, a house of cards.

Barbados Free Press: "Do you remember the pyramid? Now we are hearing about Ponzi schemes and so on. This here was the CL scheme, and what it was really is to take people’s money in non traditional investments, push it out there in very risky investments to try to get a very high rate of return and, of course, like a pack of cards, it collapsed.”"
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