The Democrat Newspaper: "Without doubt the main institutional victim in the Caribbean from the global recession is the Trinidad and Tobago headquartered CL Financial group. One of the largest corporations in the Caribbean, its insurance and investment arms spread across the region.
It’s also said to have had 65 companies in 32 countries worldwide with total assets standing at roughly US$100 billion. It came to a screeching halt this year when the external shock of the global financial crisis laid bare internal weaknesses of the companies operations."
It’s also said to have had 65 companies in 32 countries worldwide with total assets standing at roughly US$100 billion. It came to a screeching halt this year when the external shock of the global financial crisis laid bare internal weaknesses of the companies operations."
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