George Bastas

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Jurisdictions

Manhattan DA launches another attack on the Cayman Islands

Manhattan District Attorney Robert Morgenthau has blamed one of his favorite punching bags - the Cayman Islands - for contributing to the economic meltdown in the United States.The 89-year-old, legendary prosecutor's latest missive about Cayman comprised an editorial headlined "Too Much Money Is Beyond Legal Reach, New York-based funds are abusing 'secrecy jurisdictions'" that was published by The Wall Street Journal on September 30, 2008.