Part 5: The Boom and Gloom decade of the 2000s

Like the opening of “A Tale of Two Cities”, the decade of the 2000s represented the best of times and the worst of times for the Cayman Islands financial services industry. In a time when the hedge fund was king in the financial world, the Cayman Islands served as the investment instrument’s seat of power. More than 80 per cent of the world’s hedge funds were domiciled in the Cayman Islands during parts of the decade. The money flowed and the good times rolled. 
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