Tuesday, 23 December 2014

US Corps Claim Billions In Assets In Cuba And Now They'll Want It Back

US Corps Claim Billions In Assets In Cuba And Now They'll Want It Back


When the Castro regime assumed power in Cuba in 1959, it quickly nationalized the assets of almost every foreign corporation within its borders as the country transitioned to communism. For half a century now, American companies have laid claim to billions of dollars in lost assets on the Caribbean island 90 miles from U.S. shores. Under American law, the claims have been steadily accruing interest, but the companies have never seen a penny.

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