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Contingency plans are being rapidly drawn up to
handle the aftermath of the possible devastation of the Cayman
Islands. Following recent reports that scientists cannot rule out
the possibility of another tsunami similar to the Boxing Day one
that wiped out several communities in the Indian Ocean area,
companies are racing to set in place emergency rescue schemes for
the more than 40,000 companies registered in the Caymans.
"Can you imagine the horror," said one bank executive who preferred to remain anonymous, "of all those Special Purpose Vehicles floating out to sea, derivatives lying stranded up a nut tree, the Stock Exchange buried at the bottom of the harbour?" Proposed measures include placing donation collection tins at supermarket check-out counters worldwide. "I just know the public will be very generous to this worthy cause." said the executive as he hurried away to his yacht.
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