The Central Bank governor is saying that Clico is in a far bigger mess than what they thought, which has led to CL Financial sources saying that the CBTT is being harsh to them. I say that CL Financial got themselves into this mess and not the governor.
What is surprising to me is the lack of real concern by the masses of the turn of events. There was much brouhaha after the press conference announcing the buyout conditions for CL Financial by the Government of Trinidad and Tobago (GoRTT), but that has died down tremendously. I think that people only have Carnival in their heads and not taking on the goings on with CL Financial, but wait till Carnival finish and they have no money to buy everything that they are accustomed to.
