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Caymans' Folly: Do You Know Where Your Pension Funds Are?

Janine R. Wedel | Posted 04.16.2013 | Business
Janine R. Wedel

Islands like the Caymans are well-known as corporate tax havens, and earlier this week Vermont Senator Bernie Sanders railed against rampant offshore tax abuse. What's less well-known, but perhaps just as troubling, is that hedge funds use these havens to avoid something else as well: proper governance.