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Permanent Link: http://ufdc.ufl.edu/UF00084249/01148
 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Portion of title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau, Bahamas
Publication Date: October 17, 2008
Copyright Date: 2008
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
System ID: UF00084249:01148

Full Text









McFLURRY r..w.n

HIGH 88F
LOW 75F

r- MOSTLY
S- SUNNY


The


Tribune


ANY TIME...ANY PLACE, WE'RE #1


BAHAMAS EDITION


1111 9UGilbyJ IGG5illU


SSome want Perry I!Ii1k

Christie to speak out

as 'damage control'


* By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
HIGH-ranking figures in the
PLP held an emergency meet-
ing yesterday to discuss how
they can deal with the growing
scandal surrounding one of their
most outspoken MPs.
Some have called for leader
Perry Christie to speak out as
part of a "damage control"
exercise to protect the MP. while
others are holding out, worried
about the extent to which the
scandal could erupt.
Their calls for Mr Christie to
break his silence came after The
Tribune exclusively revealed
that a sitting MP in the PLP was
being questioned by police in
connection with an alleged con-
struction scam involving tens of
millions of dollars allegedly pil-
laged from the government dur-
ing his administration.
"We want Mr Christie to say
something. He has to say some-
thing, because he only looks


weak if he remains quiet about
this," said an inside source.
Worried PLPs told The Tri-
bune that their major concern is
that yet another political embar-
rassment such as this could
"explode" into the kind of long-
running scandal that could
wreck the party's chances for
the 2012 election.
Party sources confirmed that
high-ranking members have
asked the MP to direct his two
leading attorneys to issue a
press statement regarding the
matter.
However, the MP's attorneys
have advised the former minis-
ter against such a move as he
has not been named in the
growing scandal.
The MP is expected.to be
questioned for at least a week as
investigators want answers on
an estimated 20 matters, includ-
ing the alleged embezzlement
of funds from the National
Emergency Management
SEE page nine


* By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net
FREEPORT A 25-year-old
Freeport man was charged with
murder in Freeport Magistrate's
Court after being discharged
from hospital.
Kendrick Taylor, of 6
Watkins Lane, was arraigned in
Court One before Debbye Fer-
guson in connection with the
stabbing death of 19-year-old
Denardo Arthur, of Caravel
Beach.
Taylor, whose injuries were
visible in the lower part of his
face, was one of three men
stabbed and taken to hospital
following an altercation at Red-
wood Lane this week.


It is alleged that on October
11, at Freeport, Taylor inten-
tionally caused the death of
Arthur by means of unlawful
harm.
According to reports, Arthur
was rushed to hospital on Mon-
day evening following an alter-
cation at Redwood Lane, where
he was involved in a gambling
game.
He later died of his injuries.
His death is the tenth homicide
for the year on Grand Bahama.
Taylor was represented by
Carlson Shurland. He was not
required to enter a plea to the
charge.
Magistratee'Fer g uson
adjourned the matter to Mon-
day, October 20, to obtain a
SEE page nine


A KFC employee is suing three
police officers for unlawful arrest,
detention,, and assault and bat-
tery following an armed robbery
at the restaurant in Oakes Field.
Kenson Dean, 27, a utihily
worker at Kentucky Fried Chick-
en, was arrested after $9,777 was
stolen from the restaurant, in
addition to $400 cash and jew-
ellery, valued at $500 from an
employee in an armed robbery
on June 29.
Mr Dean claims he was held
up by two masked gunmen while
taking out the trash, but was
handcuffed and taken to the Cen-
tral Detective Unit where he
maintains Sgt 1239 Maycock
ordered for the statement he had
given at the restaurant be torn
up, and for officers to charge him
for the robbery. ,


Police searched Mr Dean's
home in Robert Streei, Faith
Gardens, his passport was confis-
cated, and Mr Dean was detained
at Carmichael Road police sta-
tion, and then at Quackoo Street
police station the following night,
he claims.
On July 1, Mr Dean maintains
he was taken back to CDU,
* where he was to be interviewed
by Sgt Maycock. He alleges that
his attorney's business card was
torn up, and he was assaulted by
officers.
The handcuffed KFC employee
claims that he was ordered to lie
on his stomach, his hands behind
his back, his legs taped with mask-
ing tape, a chair between his legs
SEE page nine


Legendary Bahamian

WWII veteran dies aged 91
N By MEGAN REYNOLDS
Tribune Staff Reporter
A LEGENDARY Bahamian who fought '.
in WWII and survived a German prisoner of
war camp died peacefully yesterday at the
age of 91.
Capt Leonard Thompson, a pilot, politi-
cian and entrepreneur recorded his life expe-
riences in his autobiography "I wanted
wings."
As a young man Capt Thompson joined
the Royal Canadian Air Force, where he
met and married his wife Mary, before he
joined the Allied forces in Europe as a
bomber pilot at age 24. SI =
Going over and above the call of duty,
Capt Thompson was on his 25th mission when his Halifax bomber was
shot down over Hamburg, Germany on July 28, 1944. There were sev-
SEE page nine

$120 million roadworks to be

carried out in next three years


* By LLOYD L ALLEN
Tribune Staff Reporter
MINISTRY of Works officials
yesterday announced that in the
next three years, intense road
works will be carried out on
numerous main roads in New
Providence at a cost of more than
$120 million.
Minister Neko Grant made the
announcement when speaking at
a Bahamas Transportation Work-
shop held at Breezes Resort yes-


terday morning.
According to the Minister,
"When completed, this road pro-
ject is expected to further
enhance the economic, social
well-being and safety of those
motorists who travel on the roads
of New Providence."
Minister Grant explained that
the multi-million dollar project,
which was first introduced in
2001, has faced numerous chal-
SEE page nine


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Telephone Queries
Nicole Henderson-Smith
396-2102
MelaQle Hutcheson
396-2160




AmwertcanAIrJs GIVENCHY'


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~-aa


MOTORISTS traelling along
West Bay Street ha'e complained
for weeks of dangerous pot holes
in the road.
Yesterday, the Ministr, of
Works finally addressed the prob-
lem.
Removing the top la)er of
asphalt to gain access to the man-
holes buried beneath, workers
completed a list of repairs to the
crucial systems that are housed
within.
However, as the holes. which
are estimated of having an d.cr-
age depth of up to four inches.
were located in front of the
Arawak Cay entrance. they
proved to be a significant hazard
for vehicular traffic especially
at night and on days when rain
showers caused the pot holes to
flood, making them difficult to
spot
Some dn'ers complained that
dri ing along West Bay Street in
the areas of Arawak Ca3 was like
navigating a slalom course


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i \GE 2, FRIDAY, OCTOBER 17, 2008


THE TRIBUNE






FRIDAY, OCTOBER 17, 2008, PAGE 3


THE TRIBUNE


LOCALNW


0 In brief
......................*.... *............... ...... ...... ......


Ministry of Education officials meet


Student admitted


to hospital

after fight on

school campus
* By DENISE
MAYCOCK
Tribune Freeport
Reporter
dmaycock@
tribunemedia.net

FREEPORT A 16-
year-old student of St
Georges' High School
was admitted to the
Rand Memorial Hospi-
tal after he sustained
facial injuries as a result
of a fight that occurred
on the school's campus
yesterday.
The Tribune learned
that a mate student was
attacked and beaten in
the face with a brass
knuckle sometime after
3pm yesterday while he
was waiting to be
picked up at the school.
Details were still
sketchy at press time
last night, however,
according to sources
close to the school, the
attacker is believed to
be the son of a police
officer.
The 11th grade stu-
dent was taken to the
Rand Memorial Hospi-
tal, where he is being
detained for observa-
tion.
School administrators
and Ministry of Educa-
tion officials could not
be reached for comment
last night.
Sources claimed that
10 students of St
Georges' High School
have beep taken to hos-
pital so far this year as
a result of fights on
campus. *
.D A male student-was
admitted to hospital just
last month after being
struck in the head with
a w io"tio1M byv: .-
another student The :
student sustained seri-
ousihead injuries.
The source said that
about 100 students have
been expelled or sus-
pended at the school as
a result of on-campus
violence.

Three in court on
firearm, ammunition
possession charges
THREE persons were
arraigned in a Freeport Mag-
istrate's Court on Tuesday
on firearm and ammunition
possession charges.
Alpachino Miller, 32, John
Boyce, 39, and Chrisanne
.Pinder, 26, pleaded not
guilty to possession of an
unlicensed firearm and
ammunition charges.
It is alleged that on Octo-
ber 11, while in Freeport,
Grand Bahama, the accused
persons were found in pos-
session of a firearm with live
rounds of ammunition.
Magistrate Debbye Fer-
guson adjourned the case to
June 22, 2009. The defen-
dants were each granted bail
in the sum of $2,000 with
four sureties.
They were represented by
Laquay Laing.


CDU officers

find handgun

and ammunition
OFFICERS of the Cen-
tral Detective Unit were car-
rying out a search of a pri-
vate residence on Amon
Ferguson Street on Wednes-
day at around 11pm when
they found a .9mm handgun
and 11 live rounds of ammu-
nition for the weapon. Two
brothers, aged 24 and 25,
were taken into police cus-
tody in connection with this


matter.


FO N AN EVC

-erilieFugcd,E


with parents over Andros teacher row


MINISTRY of Education officials
yesterday went to Andros to meet with
parents over the controversial issue
concerning the transfer of two of the
Family Island's teachers.
Parents of Fresh Creek Primary
School and Central Andros High
School students kept their children
home from school this week-to protest
the situation.
The teachers at Fresh Creek Primary
School and Central Andros High
Schodl in central Andros were notified
of their transfers before the new school
year, but returned to their classrooms in
September. .
High school principal Maxine Forbes
and primary school principal Emily
Miller walked out of the schools last
week, vowing not to return until the
teachers' obeyed their transfers.
In an attempt to resolve the situa-
tion, representatives of the Ministry of


IMF low
By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
LOCAL financial experts
yesterday were not surprised at
the International Monetary
Fund's lowered projections for
the Bahamas' projected growth
for the gross domestic product.
In a revised estimate of the
Bahamas' real GDP, the IMF
projected a growth rate of one
per cent for 2008 and 1.2 per
cent in 2009. The IMF had pre-
viously projected a growth of
four per cent in 2008 and 3.9
per cent in 2009.
Former Minister of State for
Finance James Smith told The
Tribune yesterday that he pre-
dicted the "lean" GDP growth
last year and advised govern-
ment to downgrade its growth
expectations.
While he said the IMF's esti-
mates of one per cent are posi-
tive indicators for the Bahami-
an economy, the growth has to
be achieved along with an eco-
nomic stimulus plan by govern-
ment.
"Estimates of even one per
cent would be good. It means
that it's still in a positive terri-
tory if that plays out but every-
* -;g-is-reafly-going.to depansl.
on what' happens,I guess; over -
the next three months to our
tourist (industry).
"We've already seen the high
vacancy rates across the board
on hotels and I think the
tourism minister just
announced his plan, but the
question is at what point is it
going to be implemented: It
certainly won't be implemented
in sufficient time to stop what's
going to happen in the last
quarter," he said yesterday.
Government has announced
that it will accelerate the imple-
mentation of a capital budget
plan and increase domestic con-
struction and infrastructure to
create more jobs and pump
money into the economy. How-
ever, Mr Smith questioned
whether these initiatives will be


Tourism met with
the parents in
Andros yesterday
evening at 6pm.
The outcome of
the meeting was
not known up until
press time last
night.
This week, presi-
dent of the
Bahamas Union of
Teachers (BUT)
Belinda Wilson called on Education
Minister Carl Bethel to immediately
intervene in the situation of the two
teachers in Andros.
She warned the minister that the
union will not sit idly by and allow their
teachers to be "inhumanely treated and
victimised."
Minister Bethel this week said that
the transfer of the two teachers stands


ers projections
capitalized in time to stave off Minister Laing yesterday
further economic softening by lined what the IMF's pr
the end of the year. tions meant for the ave
State Minister for Finance Bahamian: "What it mea
Zhivargo Laing said govern- that the economic clima
ment was more conservative in predicted to be less robust
its'predictions for growth than originally determined, ar
the IMF initially was. During the whole country has to
the budget exercise in May, great vigilance, has to be
Prime Minister Hubert Ingra- prudent in the way we ma
ham predicted a GDP growth (and) conduct ourselves.
- the value of all goods and "It means that certain'
services produced in a country country, to the extent that
- of two per cent for 2008 and sons are looking to u
two and a half per cent for prospects for travel, even ii
2009. current climate, we have


and that they soon
will be moved to
different schools.
However, so far
the two teachers
-have remained at
their respective
schools in Andros.
Parents in
Andros had
planned to travel to
Nassau yesterday
to protest if the
Ministry of Education did not imme-
diately remove the two teachers who
returned to their classrooms although
the Ministry had transferred them to
other schools.
The parents of pupils at Fresh Creek
Primary School and Central Andros
said they will continue to keep their
children home until the matter is
resolved.


BUT president Mrs Wilson said in a
press statement that the union finds it
"very surprising" that this matter has
escalated to this point.
"A community meeting was held on
Friday, October 10, 2008, conducted
by Ministry of Education officials dis-
cussing the personal and private affairs
of these teachers. The BUT will (defi-
nitely) not allow our teachers to be
inhumanely treated and victimised.
"If the teachers were insubordinate
as stated by the Acting Director (of
Education JLionel Sands), I challenge
him to provide the documentation and
show where due process was followed.
President of the PTA, and parents, I
admonish you not to deprive your chil-
dren from receiving an education. This
is a matter between the teachers, the
union, and the employer. The teachers
do not pose a threat to the students,"
she said.


for Bahamas GDP


y out-
edic-
rage
ans is
ate is
than
ad so
show
very
nage
y the
A per-
Is as
n this
to be


FREEPORT NASSAU
11A Eavt Core Road. Fr eepot G Balamas Rooso mid Soldw Roads, Naum. N.P. Banamas
PO. Box F-42312 PO BoA CB 12072
Teepone..1242 373-1115 (241 373-1471 Telep one 394-8M I 2 394-047
Pager 242 340-8043 Fa 1221373-300 Pager (221340-8043 Fax 1242 30-8034

I---I


THOMAS
ROBERTS, 64




Island, died at
Doctor's Hospital, on
Wednesday, 15th
October, 2008.


He is survived by his
wife, Nola Roberts, mother, Eloise Roberts,
sons, daughters, son-in-laws, daughters-in-
laws, brothers, sisters, grandchildren, great
grandchildren, 1 aunt, nieces, nephews,
cousins, and a host of other relatives.

Funeral announcements will be made at a
later date.


as 'productive, as competitive
as (we) can be, so that the com-
panies for which we work can at
least be able to survive in this
period."
He added that this period is


one of the worst the world has
seen since the Great Depres-
sion, making it imperative for
government to wisely use capi-
tal expenditure to create eco-
nomic activity.


INDEX


MAIN SECTION
Local News.......................P1,2,3,5,6,7,8,9
Editorial/Letters. ....................................... P4
Advts ........................................... P10,11,16
Sports ...................................... P12,13,14,15
BUSINESS SECTION
Business ............................ P1,2,3,4,5,6,7,12
Com ics..................................................... P8
Advts.......................i ...................... P9,10,11

CLASSIFIED SECTION 40 PAGES

USA TODAY MAIN SECTION 12 PAGES

USA TODAY SPORTS SECTION 12 PAGES
j3Egh" --_ ll[ l m Iil 'I1 ir I m I iD g


1L & ,J.-.L.J../..;,. ~ .


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I






THE TRIBUNE


PAGE 4, FRIDAY, OCTOBER 17, 2008


EIOIAULETTRS T HEEITOR


The Tribune Limited
NULLIUS ADDICTS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G.,
(Hon.) LL.D., D.Litt.


Publisher/Editor 1919-1972
Contributing Editor 1972-1991


EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, P.O. Box N-3,207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager (242) 502-2352
Circulation Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608
Freeport fax: (242) 352-9348



US bailout financial sector socialism


THE federal government has decided to use
$250 billion of the $700 billion financial-sector
bailout package to buy equity shares in many of
America's largest financial institutions, partial-
ly nationalizing the banking industry.
Treasury Secretary Henry Paulson says buy-
ing shares in companies like Citigroup, Bank of
America, JP Morgan Chase, Goldman Sachs,
Morgan Stanley and Wells Fargo is necessary in
order to inject liquidity and confidence in the
world financial markets.
The Treasury Department, Paulson says, will
buy up to $25 billion in preferred, non-voting
shares of each of the targeted companies.
The shares will pay annual dividends of 5
per cent for the first five years and 9 per cent
after that.
The rationale for Washington doing this is
that it will calm the markets, allow banks to
resume lending, and address the public rela-
tions problem arising from the public's dislike of
the government's plan to take bad mortgages off
these companies' hands at taxpayer expense -
without guaranteeing whether and at what price
they will be resold back into the market.
The government was concerned as well that
if financial-sector share prices continued to
decline or if additional large banks failed, for-
eign governments and private investors would
jump ship and send the dollar into a major tail-
spin.
Meanwhile, the move will reinforce the gov-
ernment's ability to impose the new rules in.
the bailout package that set caps on senior exec-
utive pay, including the elimination of "golden
parachutes" in employment contracts.
The reality is, however, that the governmen-
t's acquisition of preferred stock in these com-
panies is nothing less than financial sector social-
ism.
While the government may say that it is not
planning to be in the investment business or
determine how the companies are run, the real-
ity will be something totally different.
For example, the bailout bill directs the Trea-
sury Department to write compensation stan-
dards for senior executives to prevent "unnec-
essary and excessive risk" in the management of
their investment portfolios.
But how can Treasury bureaucrats know
what unnecessary and excessive risk is until
they scrutinize the investment strategies and
risk-management decisions of the executives
in the firms? And how will they know if strate-
gies and decisions are unnecessarily risky with-
out second-guessing everything management
does?
Inevitably the Treasury's bureaucratic bailout


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teams in the field will become not-so-silent
partners.
But what real world experience will they
have to know what the wisest and most prof-
itable strategies are?
What incentive will they have to get it right,
since they will not be risking their own money,
but the taxpayers'?
Are we really to believe that politics will not
interfere with or dictate decisions?
How long will it take before Congress, Wash-
ington lobbyists, and special interests groups
start influencing, if not determining, what these
companies do and for whose benefit?
By deciding to pour billions of dollars into
selected banks, the government already is "pick-
ing winners" and implicitly saying which com-
panies can. be "losers" by being allowed to go
down the drain.
Once having picked these winners at tax-
payer expense would the government ever let
them fail and admit that all those taxpayer dol-
lars were for naught?
It is far more likely that Washington would
pour more good money after the bad, or force
a merger with anther government-backed "win-
ner," or take the company over, with the gov-
ernment going into the banking business.
Wherever government has nationalized an
industry or bought into a partnershipi" with
business, the outcome has been expensive for
the taxpayer and for society at large.
The history of nationalized industries around
the world has almost always been one of inef-
ficiency, excessive costs, and operating deficits
that the government had to cover with tax rev-
enues.
Government-business partnerships almost
always end in mismanagement and corruption
as well.
Too often the company stops focusing on the
needs of consumers in the market and instead
focuses on what's best for its political patrons
and the special interests that support the politi-
cians.
The result is political pandering and plun-
der for privileged groups at everyone else's
expense.
The current economic crisis is serious, but
financial sector socialism is not the proper cure.

(This article is written by Richard M. Ebeling,
a senior research fellow at the American Institute
for Economic Research, Great Barrington,
Mass., and is the Shelby C. Davis Visiting Pro-
fessor in Economics at Trinity College, Hart-
ford, Conn. c.2008 Hearst Newspapers).


EDITOR, The Tribune.
Patience Smith gave us an
interesting quote from her Uncle
Lou, a Bahamian who worked on
the contract, in a letter to the rdi-
tor of The Tribune, published
October 1, 2008, under the cap-
tion; "Christie isn't shuffling so
much as begging for unity."
"...1 feel sure Uncle Lou would
laugh in his loud and grumbly
voice and shout that, 'dis PLP
sure gone down hill from the first
election when they stood for
something besides money, greed
and arrogance.' And I don't
believe it's just-Uncle Lou who
feels that way."
No, it's not just Uncle Lou who
feels that way. Bahamians need to
read and study more and stop
accepting the rhetoric of politi-
cians as the gospel truth. The
written history of the PLP would
reveal that this political organi-
sation lost its relevance to ordi-
nary Bahamians within the first
two years of its first term in office.
It has yet to redeem itself.
Majority Rule is a farce, and I
would love the opportunity to
debate any member of the PLP
on this subject, come one come
all, "you can change the laws of
man but you can't change the
laws of God," Queen Africa.
From 1968 the goals of the social
revolution has been betrayed and
never attained. Forty years later
pit latrines and street pumps are
still integral facets of inner city
life in The Bahamas. Colonial
laws that were designed to keep
the black majority subservient to
the ruling whites remain a part
of our statutes, only serving this
time to keep the black majc ity
subservient to the ruling black
political class, dominated by
lawyers. The people were duped
into replacing a white oligarchy
with a black political class whose
primary objective remains the
perpetuation of the great divide
through the promotion of party
and friends over God and coun-
try.
Yet the PLP and its tunnel
vision followers, would have us
believe that we the people of the
Commonwealth of the Bahamas,
are better off than we were forty
years ago, simply and solely
because we have had a black
majority government in power
since that time. With all due
respect to the legacy of the late
Sir Lynden Oscar Pindling. I beg
to differ.
After 25 consecutive years in
power, and 15 by his prot6g6s .he
Rt Hon Hubert Alexander Ingra-
ham and the Rt Hon Perry Glad-
stone Christie, our educational


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system is no longer relevant to
the needs of national develop-
ment; no legislation has ever been
introduced to give Bahamians
marketable titles to thousands of
acres of prime land in the Out
Islands emanating back to the
colonialists; in 2008 it is still pos-
sible for up to 11 persons to claim
ownership of a single piece of
property; the land of ordinary
Bahamians is being stolen by
some lawyers who appear to be
above the law, with the worst
penalty for stealing by reason of
service being disbarment; in my
opinion it would appar that some
lawyers are benefiting from the
proceeds of crime, abusing the
criminal justice system so as to
allow their clients to get bail on
top of bail. These clients then
continue their criminal activities
to pay huge retainers. Is parlia-
ment continuing to protect rogue
lawyers from the public by disal-
lowing Bar Council to publicly
reveal the names of those who
have complaints against them?
Corruption and nepotism
throughout the civil service has
become entrenched; it appears to
me that justice has become a
commodity for sale to the highest
bidder and the almost exclusive
right of the cronies, friends and
families of the politically con-
nected; no attempts have been
made in over 40 years to diversi-
fy our economy from the twin pil-
lars erected by the United
Bahamian Party and the late Sir
Stafford Sands.
Sir Lynden has been the pri-
mary architect of these and many
other injustices, and yet PLPs
continue to accord him dema-
gogue status, and take great
offence to any criticism of his


legacy. The majority still does not
accept that Sir Lynden was just a
man, and as such was the victim
of mistakes, human errors, mis-
trust, bad judgments that contin-
ue to haunt us today, four
decades later.
Sir Lynden's PLP was, and is,
essentially different from that of
its founders, Taylor, Cartwright
and Stevenson, who "all stood for
something besides money, greed
and arrogance." Ironically, the
way out of the present political
dilemma facing ordinary Bahami-
ans is for the PLP to finally revis-
it, with a view to fulfilling, its orig-
inal platform of 1967, something
it has never done.,
To achieve this we concur with
John Marquis that the PLP needs
its own Obama, someone who
can relate to the needs and aspi-
rations of young Bahamians;
someone who is prepared to put
God and country before party
and friends; someone who does
not subscribe to the view that
"principles do not put bread on
the table;" someone who has not
been trained by and consequent-
ly feels obligated to perpetuate
the policies of Sir Lynden; some-
one who is prepared to make the
tough decisions required on
behalf of the Bahamian people
to move this country in the right
direction; someone who, perhaps
most importantly, is not a mem-
ber of the local legal fraternity
that has meted out so much frus-
tration, pain and suffering to ordi-
nary Bahamians for over 40 years.
Even more ironic though, if not
pathetic, is the fact that the major-
ity of PLFs would more than like-
ly perceive such a one as not only
a threat to Sir Lynden's legacy,
but by extension a threat to the
PLP itself, in its present corrupt-
ed state. God please send us a
real political leader, Amen.
LAVADE DARLING
Nassau,
October 11, 2008.


Obama is not out of the woods yet
EDITOR,-The Tribune.
The latest USA Today and Fox polls show Senator Barak Obama
with a double digit 1ad over Senator John McCain nationally, but Oba-
ma is not out of the woods yet. This presidential dog fight could be d6jA
vu of 1988, given the ties McCain's campaign manager, Rick Davis, has
with Carl Rove and the late Harvey LeRoy Atwater (universally
known as Lee Atwater). Lee trained Carl and Carl trained Rick.
Twenty years ago Lee Atwater was the Republican National Com-
mittee Chairman and directed the campaign of George Bush Sr, twen-
ty years ago Democratic presidential candidate Governor Michael
Dukakis had a comfortable lead over the Republican candidate,
George Bush Sr, weeks before the election when Mr Dukakis suddenly
became the target of a campaign advertisement about Willie Horton,
a black convicted murderer who escaped from the Massachusetts
prison system while on a weekend furlough and raped a white woman
and stabbed her husband. The advertisement became a central focus of
the 1988 campaign. We all know the rest is history.
"In 1988, fighting Dukakis, I said that I 'would strip the bark off the
little bastard' and 'make Willie Horton his running mate,'" Mr Atwa-
ter said in the Life article. Mr Atwater's deftness at avoiding the per-
tinent issues and skilfulness at the use of race and fear mongering
cannot be understated. Even from the grave he continues to influence
the tone and tenor of the Republican campaign through his disciple,
Rick Davis. The Republican rallies have the feel of an angry lynch mob
as shouts of "terrorist" and "kill him" can be heard coming from
McCain supporters. Rick Davis said that he wants to "turn the page"
from the economy and pursue issues of character. This is just a polit-
ically correct way of saying that the campaign would go negative with
personal attacks and smear by making sixties radical William Ayers and
the Rev Jeremiah Wright Obama's running mates.
While I appreciate that the economy is foremost on the minds of the
American voters, given history with the 1988 presidential campaign and
the infamous "Bradley" effect, I cannot help but think that Obama is
not out of the woods just yet.
ELCOTT COLEBY
Nassau,
October, 2008.


liappg n n iversary
Bishop Olo, ria Redd a;iid the
Revival Team


NM i l dav' Se 'rv ice a.t 1 2:3Onoon a i n
7: 30p.. n ightly.
N t'.J.-. lI -I.' u. < 11 t I v it\' Hk l in. ss
!;1.. l | i ,-i.'t t. I'l 1.1 ,'l-1- I \'vtc k < s ..r\ icc


Is the PLP




still relevant





to ordinary




Bahamians?
det


by he ay wek, r ont i





Mi Vlidunti No~embr 1, 200


..- -....... .







THE TRIBUNE



O In brief

Woman airlifted

to Nassau after

traffic accident
By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net
FREEPORT A 21-year-
old woman was airlifted from
Abaco to Nassau on Tuesday
after she was seriously injured
in a traffic accident.
The woman, a resident of
New Providence, was struck
dqwn by a truck while in Aba-
co.
Jameeal Ferguson, of Eliz-
abeth Estates, was airlifted to
f; the Princess Margaret Hospital
m on Tuesday afternoon with
injuries to the head and back.
-; She is in stable condition.
According to Chief Super-
intendent Basil Rahming, Ms
-' Ferguson was a walking along
the main road in Cooper's
,f Town at around 8.45pm when
the traffic accident occurred:
Mr Rahming said Ms Fer-
|. guson was trying to maneuver
around a large puddle in the
vicinity of the Government
Clinic when she was struck by
a Dodge Truck, registration
number 8363.
She sustained a laceration
to the head and complained of
back pains. Ms Ferguson was
assisted into the clinic and
. received medical treatment.
However, because of the
: serious nature of her injuries,
she was airlifted to New Prov-
" idence aboard an emergency
K flight at around 12.45am on
c Tuesday.
Mr Rahming said the driver
of the truck told police that he
was blinded by the bright
. headlights of an oncoming
( vehicle and did not see Ms Fer-
i, guson walking in the road.
i Abaco Police are investigat-
-., ing the accident.

TO PICAL


EXERIATR


news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


FRIDAY, OCTOBER 17, 2008, PAGE 5

LOCALNW


PLP calls for govt oversight




of the GB Power Company


* By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net
FREEPORT The PLP on
Grand Bahama is calling for
governmental oversight of the
Grand Bahama Power Com-
pany following the recent
high surge in electricity prices
in Freeport.
In a press release, the PLP
expressed grave concerns
over the "exorbitant." fuel
surcharge levied on con-
sumers.
"We think that this matter
is critically large and impor-
tant enough to warrant our
insistence that the govern-
ment of the Bahamas imme-
diately mandate the Public
Utilities Commission (PUC)
with oversight responsibility
for this Grand Bahama pow-
er monopoly.
"To do any less, would be
tantamount to the govern-
ment of the Bahamas (to
treat as nonexistent) its
responsibility to protect the
citizenry," said the PLP.
Constance McDonald,
Patrick Davis, and Melissa
Sears, national co-vice chair-
men of the PLP, said they feel
that consumers in Freeport
are being denied consumer
protection with regards to
electricity rates.
"We in the PLP leadership


on Grand Bahama are
extremely concerned about
the effect the high cost of
electricity is having on fami-
lies and business owners here
on our island," they said.
The PLP said while the
government may have
extended a helping hand by
granting a three-month sub-
sidy of 50 per cent of the fuel
surcharge to households con-
suming up to, but not exceed-
ing 800 kWh, those persons
whose bills exceed that
amount are having a difficult
time paying their bills

Mandate
The PLP said that the PUC
has informed them that their
mandate excludes oversight
of any utility company oper-
ating with a license issued
under the Hawksbill Creek
Agreement.
The PLP said that "when
the FNM government, during
its 1997-2002 term in office,
legislated into law this gov-
ernment protection agency,
it was clearly stipulated at the
time that Freeport's utility
companies were off limits to
the agency and that the arm
of this consumer protection
body did not extend to
include oversight of the
Grand Bahama Power Com-
pany."
"We told them at the time,


Sir Milo Butler Highway

is set for extension
* By LLOYD L ALLEN
Tribune Staff Reporter
FOR many motorists that frequent the Sir Milo Butler Highway
during peek traffic hours, the drive from the round-a-bout on
Tonique Williams Darling Highway to Carmichael Road may take
as long as 45 minutes.
However, according to Minister for Works and Transport Neko
Grant, this may all change within the next three years.
The minister yesterday announced that a $120 million road
improvement project is scheduled.to commence within the next few
weeks.
The project provides for upgrades and repairs to several major
thoroughfares, however, the extension of Sir Milo Butler Highway
is one of the most transformative aspects of the plan.
With recent road works advancing the highway from Fire Trail
Road to Carmichael Road, the new phase will extend the road all
they way to Cowpen Road. It is expected that this extension will
assist in reducing traffic congestion which is common in this area.
The ministry's permanent secretary Anita Bernard said yester-
day, "The New Providence Road Improvement Project is part of the
New Providence transport programme, which is an initiative fund-
ed by a loan from the Inter-American Development Bank and
supplemented by government funding."
"This latest government project is designed to improve the phys-
ical road network of New Providence by constructing new roads and
improving existing ones."
Other roads set for repair include Baillou Hill Road south;
Mackey Street; West Bay Street in the vicinity of Saunders Beach;
Robinson Road, Prince Charles Drive, Bethel Avenue, among
others.


and we say to them again,
that this policy was misguid-
ed, to say the least, and that
it could lead to massive
abuse at the expense of con-
sumers.
"Our view is that Bahami-
ans in Freeport and Grand
Bahama need the protection
that this agency provides as
much, or more so than those
living in other parts of our
Commonwealth.
"We insist that it cannot be
that an entity with which the


government enters into an
agreement can under any cir-
cumstance be exempted from
the country's consumer pro-
tection agency laws.

Protection
"We call on this FNM gov-
ernment to provide us, who
live in Grand Bahama, the
same consumer protection
that is provided to all other
Bahamians living elsewhere
in the country.


"We call on them to extend
the powers of the PUC to
include oversight of Grand
Bahama, notwithstanding cer-
tain alleged provisions to the
contrary that might be pro-
vided for under the Hawksbill
Creek Agreement, for natur-
al justice demands no less,"
said the PLP.
The Tribune was unable to
reach any representatives of
the Grand Bahama Power
Company for comment up
until press time last night.


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PAGE FRDAY, CTOBR 17,2008THE TIBUN


SIR Arthur Foulkes was yesterday sworn in by Acting Chief Jus-
tice Anita Allen as Deputy to the Governor-General during the
absence of Governor-General Arthur Hanna.


ock of ;kgrs aunral ( el

Wulff Road & Pinedale
Tel: 323-3800 or 322-1431 Fax: 328-8852



PREDELUS CHARLES, 53

of West Street and
formerly fo Anse-A-
Foleur, Haiti, will be held
at Bethel Baptist Church,
Friday, October 17th,
2008 at 1:00 p.m.
Officiating will be Pastor
Jose Etienne, assisted by
Ministers of the gospel.
Interment will follow in
Southern Cemetery.

Left to cherish his
memory are his wife, Theona Altes Charles; son,
Frankie Charles; four brothers, Elysee Remy, Marcel
Derival, Rosny Pierre; two sisters, Josane Olibrice
and Iselande Pierre; cousins, Ivone, Marie, Liziu,
Dominique, Timote, Jenta and Drielu Charles,
Moncado, Elonize and Tihale Alexi; sisters-in-law,
Nicole, Rosemary, Carmelita, Angela and Milan
Francis; and a host of other relatives and friends
including, Donna Carta, Elicia Maya, Zela, Este
Estime, Elifen Jean and Sinse.

Relatives and friends may pay their last respects at
Rock of Ages Funeral Chapel on Wulff Road and
Pinedale in the Jasper Suite on Thursday from 10
a.m. to 6 p.m. and on Friday at the church from 12:00
p.m. until funeral time.



Leading public company is seeking a
FINANCIAL CONTROLLER
The applicant must have a professional accounting
qualification (ACCA or CPA) and must ensure
appropriate accounting policies and controls are
in place. The successful candidate will have five
plus years leadership experience in financial and
management accounting. Knowledge of IAS and
IFRS's are essential, as well as computer experience
(Excel, Word and Accpac accounting software).
Please send resume to:
P.O. Box EE-17203,
Nassau
no later than 24th October, 2008.


Hotel Chief Engineer

Management Employment Opportunity

POSITION AVAILABLE
HOTEL CHIEF ENGINEER
A leading hotel invites qualified persons in the above mentioned field to
apply for the position of Engineer Manager.
The successful candidate must possess the following:
A minimum of 5 years experience as a Supervisor in the Engineering
Department
Must be proficient in Preventative Maintenance Programs
Must possess a proven record of Team Leadership skills, and able to
work with little or no supervision
Must possess strong interpersonal, communication, problem solving
and customer service skills
Must possess knowledge of Electrical & Mechanical Systems i.e.
HVAC, Plumbing & Heating ......
Must possess basic Administrative skills with some knowledge of
Microsoft Excel
Must be able to work long and flexible hours
Applicants with supporting documents also including a clean Police
Certificate should be sent to the address below.
Competitive salary and benefits package are commensurate with experience.
Applicants for Hotel Chief Engineering,
DA#68557
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas


CARIBBEAN ISLAND PLANS TO SUBMIT DRAFT RESOLUTION TO UN TO EASE BURDEN



Cuba preparing to step up the



pressure on US to lift blockade

* BY ALEX MISSICK | o produce new goods for the market by March


FOR the eighth consecutive year, Cuba
plans to submit a draft resolution to the Unit-
ed Nations to have the United States lift the
blockade against the island nation.
Speaking with the local media yesterday,
Cuban Ambassador to the Bahamas Jos6 Luis
Ponce said that the draft resolution is now
more important than ever following the dev-
astation caused by Hurricanes Ike and Gustav
to the most vulnerable areas of Cuba.
The resolution entitled "Necessity of End-
ing the Economic, Commercial and Financial
Embargo imposed by the United States of
America against Cuba" will be presented for
consideration to the United Nations General
Assembly on October 29.
For seven consecutive years Cuba has sub-
mitted this draft to the UN, and last year, 184
member states voted in favour of it, which,
according to Ambassador Ponce, constitutes
almost "unanimous proof" of the interna-
tional community's rejection of the US gov-
ernment's policy against Cuba.
"Last year has been marked by a brutal
implementation of the blockade policy of the
United States government against Cuba. Its
tightening has brought about irrational per-
secutions against government entities, enter-
prises, banking institutions and citizens of
third world countries, and even the blocking of
internet sites for alleged links with Cuba,"
the ambassador said.
Ambassador Ponce noted that the blockade
has had a direct impact on the Cuban popu-


A MAN gestures as he stands on his roof as
he repairs it from damage caused by hurri-
canes Ike and Gustav in Los Palacios, Cuba,
Saturday, Sept. 20, 2008. Ike and Gustav
caused US$5b damage to Cuba this month.
lation in a silent, systematic and cumulative
manner.
The direct economic damage of the block-
ade exceeds exceeding $93 billion, he said.
The damage caused to Cuba's foreign trade
in 2007, he said, was more than $956 million,
he said. Ambassador Ponce said that last year
alone, damage to the Cuban food sector
exceeded $174 million, while damage to the
public healthcare system was estimated at
more than $25 million. After the natural dis-
asters of this year, 455 tonnes of stored food
were affected, along with 800 tonnes of tobac-
co used to make the world famous cigars.
The ambassador described the impact of
both hurricanes on Cuba as "atomic bombs."
He noted that the agricultural sector was
also devastated and that the country now has
to look into short-term solutions to be able to


of next year. The housing sector also experi-
enced major damage and a quarter of a million
people have been left homeless. Some 63,249
homes were totally destroyed and 444 on the
southern side of Cuba were damaged.
There are also many areas which as of today
are still without electricity.
"The Cuban government has requested the
US authorities to, allow, at least provisionally
for some months, the sale of essential materi-
als such as the materials for roofing, for build-
ing repairs and for materials and for the te-
establishment of electronic networks. -
"It has also been requested, at least tem-
porarily, the suspension of the restrictions
preventing US companies from providing pri-
vate commercial credits to Cuba for the pur-
chase of foodstuffs in that country," Ambas-
sador Ponce said. He explained that Cuba has
not asked the US government to give them
anything for free, but simply to be allow them
to buy what is critical for the recovery of the
country and its people.
"There is no doubt whatsoever that the
blockade is the main hindrance to the reali-
sation of Cuban's right to development, and
flagrant, massive and systematic violation of
many other human rights of an entire peo-
ple. The Cuban people will never give up the
defence of its revolution and will continue to
advance in the enjoyment of its freedom and
independence. The US government's anti-
Cuban hostility, its aggressions and blockade
will not be able to prevent it. It is that policy
which is doomed to failure," he said.


Bahamian 'Memory of the World' committee set up


* By ERIC ROSE
Bahamas Information
Services
IN an effort to preserve the
country's heritage, a small "Mem-
ory of the World" committee has
been set up in the Bahamas and
consists of local experts in the
field of documentary heritage,
Minister of Education Carl Bethel
announced on Wednesday.
"The national committee plans
to establish a national register,
,incii would not only help to pre-
serve the heritage for future gen-
erations of Balamians, but will
also expose Bahamian heritage
to others who have an interest in
such information," he said.
Minister Bethel was speaking
at the opening ceremony for the
9th Meeting of the Memory of
the World Regional Committee
for Latin America and the
Caribbean (MOWLAC), at the
Wyndham Nassau Resort, Cable
Beach.
The Memory of the World
Regional Committee comprises
world-renowned experts from
Latin America and the Caribbean
region, serving on the basis of
their experience, expertise and
achievement in the field of preser-
vation of and access to documen-
tary heritage on the national and
international levels. The small
Bahamian committee is com-


'










MINISTER of Education Carl Bethel speaks at the opening ceremo-
ny for the 9th Meeting of the Memory of the World Regional Com-
mittee for Latin America and the Caribbean (MOWLAC), at the Wyn-
dham Nassau Resort, Cable Beach. Also pictured (from left) are
Theresa Moxey-Ingraham, chairperson of the Bahamas National
Commission for United Nations Educational, Scientific and Cultural
Organisation (UNESCO); MOWLAC chairman Jaime Antunes; per-
manent secretary and UNESCO culture adviser for communications
and information for the Caribbean Isidro Fernandez-Aballi, and
Director General of Heritage Dr Gail Saunders.


prised of Director of Archives
Elaine Toote, Assistant Director
of Archives Patrice M Williams,
Chief Archivist Sherriley Stra-
chan, head of public library sys-
tem Dorcas Bowler, and Direc-
tor General of Heritage Dr Gail
Saunders. Minister Bethel said he
was happy to report that Dr
Saunders also represented the
Bahamas on the committee and


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attended its 8th Meeting in Rio de
Janeiro, Brazil, last year. He
added that she "compiled a nom-
ination of the Farquharson Jour-
nal, a diary handwritten by
Charles Farquharson, planter and
owner of the Prospect Hill Plan-
tation, located on the "east side of
Watlings Island (now San Sal-
vador)".
"It is a journal that recorded
the day-to-day happenings on the
plantation, from the 1st of Janu-


ary, 1831, to the 31st of Decem-
ber, 1832," Minister Bethel said.
"Charles Farquharson's man-
uscript is unique and proves to
be an invaluable insight into the
daily life of Bahamian Out Island
slave society, on the eve of Eman-
cipation, and is the only slave
plantation journal that has, so far,
been discovered in the Bahamas,"
Mr Bethel said.
Dr Saunders, he said, also col-
laborated with her Caribbean col-
leagues on a regional nomination
for the UNESCO Memory of the
World on Slave Registers to be
included in a regional nomina-
tion. She did this by submitting
detailed information on the
Bahamas' Slave Registers, which
gave "fascinating" details about
the demography of the slave pop-
ulation, the minister said. Among
the senior government officials
and stakeholders in attendance
during the opening ceremony
were permanent secretary at the
Ministry of Education Elma Gar-
raway; permanent secretary at the
Ministry of Youth, Sports and
Culture Archie Nairn; Chairman
of the Antiquities, Monuments
and Museums Corporation
(AMMC) Dr Davidson Hepburn;
AMMC Director Dr Keith Tin-
ker, and Chairman of the
Bahamas National Commission
for United Nations Educational,
Scientific and Cultural Organisa-
tion (UNESCO) Theresa Mox-
ey-Ingraham.


Accounts Clerk






A well established Company seeks an Accounts Clerk
with the ability to, but not limited to the following
duties:

Maintain Payables System
Maintenance of Inventory Spreadsheets
Prepare for and complete month end inventory
counts
Preparation of bank and other balance sheets
Reconciliations and various general ledger
accounts to sub ledger
Prepare Schedules to assist in External Audits
Assist in other duties falling within the
Accounts department where necessary

Candidates must possess the following skills:

Associates Degree in Accounting
Experience in Reconciliations
Experience in Accounts Payables would be
an asset
Excellent organizational and problem solving
skills
Proficient in Microsoft Office Products
particularly Excel.
Must be a team player and possess people skills

All Applications must be submitted by October 31st
2008.

Apply to:

DA 68551
c/o The Tribune
P.O. Box N-3207
Nassau, The Bahamas


I


PAGE 6, FRIDAY, OCTOBER 17, 2008


I


THE TRIBUNE







I I kll-.. / l% I, % ..l./ l I t-.. I iL- I.JI % I .-I I


THI- I HIKI 1IMI-


Butch Kerzner Summit Foundati(a



taking steps to raise money


THE Butch kci'it, r niiniinn
Foundation lheld .. lundr.iit,,.i I.,I
weekend. inii\nt 1 .1 0I" .1lii'-
pants to climb ilithe ,t.liil.]l, .n
Atlannu-.'ih Co>L ..ind tiiL RL.lI
MonC w.ias doInIal Irr d .oLII
step climbed The lundr.liin.i
event as dubbed 'ih.. Suilinniti
Challenge "
In addition to tleinLe and d .el-
oping the ph -'ica;l ltrengih -it
climbers. the challenge helped
raise funds for the founnd.l- in
Summit Centre, a rccrcaiim.ial
youth laciliit to be built b\ ille
Butch Kerzner Foundation ait the
Queen Elizahbeh Sports Comnipk \
A group ot cighl -trit nds. c'igt.i
to test their formude and stircniih.
came together lasi Sund.\ to putL
their climbing skill t10i.. l ii t.
They climbed to the iop o iltdirge
of Atlaniis' t[o ers.. starting ll irst
with Romal Towers tollox\cd b\
the Cove and the Reet.
Leading the team of summit
climbers was Vanessa Kerzner,
trustee of the Summit Foundation.
"This is a great start to our
efforts for the Summit Centre for
the youth of the Bahamas. and I
am ever so grateful for the enthu-
siasm and support from our com-
munity," said Mrs Kerzner.
"We are all trying to do our part
to better the youth, and to better
the future."
Along for the climb were expe-
rienced climbers Nick Sager, oper-
ations consultant for the Butch
Kerzner Summit Foundation, who
has over 17 years of experience
climbing mountains, and Antonia
Meade.
Ms Meade used the event as a


test for an even greater challenge
that lies ahead of her. Next month
she will be heading to Tanzania,
East African, to climb Mount Kil-
imanjaro, which is the highest
peak in Africa at 19,340 feet.
Among the group's novice
climbers were Pearl Lawrence:
Madison Everett, 13, and her two
younger sisters Gwenyth Everett,
11, and Grace Everett, who is only
seven years old.
They proved that in spite of
their ages, it only takes the heart of


a champion to inspire others to
contribute to giving for a good
cause.
Young Gwenyth said, "It was
an amazing experience that I
would love to do again. The best
part of submitting the stairs was
not only reaching the top together,
but knowing that we are all doing
it for a great cause."
Proud of her daughters' partic-
ipation, Mrs Gill Everett shared
similar sentiments and added,
"When I think of the great things


lI', n-iiiie til do, I .aim reminded
oI n1 JLd.iI Ine.nd Butch Kerzner
.iid .ll ol the wonderful things he
ih.. done and it hls inspired me
to hdp in railing lund-, for such a
v.'orthl c.1iuse "
-Climbing the stairs .wa,. not
o>nl\ ian ad ensure that I enjoyed
Sinh m\ daughters and trends but
it ij, the thought of knowing that
. -inlple idea caln e olie into
,oncmthing c en greater.N" Mrs
E\erLill .sid
Tolgelier, Ihe group lirst
climilcd 23 tlighi' ol' stair', at the
Roil- Toer, o.. tohoved b- 21
li. .1 i lii Co L and 22 floor-
.il ilk RL. I -cr.,ll. each person
liinilcd ,1 ioi.il l 1,19 ,l lirs', and
loit .'.ih ir.111 clunbed, $111i 'as
don.iald Ito thel Butch KLrzner
Sunlnnll roulndjnon
I-he '1tC. ll could not h.ite been
p -i'.iblc i li oui the helpofspon-
.oe, Jill .ind Gill E\cretl from
EverKey Global; Jason Callendar;
Harry and Joann McPike; Ronnie
and Antonia Meade; Mark
Roberts of Tile King, Mr and Mrs
HP Kong, along with Vanessa
Kerzner.
Mrs Kerzner acknowledged that
this is just the beginning of what
will undoubtedly become an annu-
al fundraising event for the Sum-
mit Centre.
She said she is hopeful that the
Summit Challenge will garner the
support of more sponsors as well
as participants. She is also opti-
mistic that having launched this
venture, other individuals might
be more inclined to climb to the
summit of Atlantis and other
famous buildings of the world.


FIDA awards two-year scholarship



to student from Grand Bahama


* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
FREEPORT THE international non-gov-
ernmental organisation FIDA' awarded a two-
year scholarship at the College Of the
Bahamas to Grand Bahama student Destiny
McKinney, a 2008 graduate of the Sunland
Baptist Academy.
Jethlyn Burrows, director of FIDA, said
Ms McKinney was selected from among six
other candidates in Grand Bahama.
This is the third scholarship that has been
awarded by the Grand Bahama Chapter of
the International Federation of Women
Lawyers.
The annual FIDA scholarship provides high
school graduates with $2,000, per year to study
at COB.
Ms Burrows said Ms McKinney was the
most outstanding applicant because of her
high academic qualifications, as well as her
Active participation and leadership roles at
school and in the community.
"Her academic performance was very out-
standing and shehad the most BGCSE's with
the best grades, and she was an all around
individual," she said.
In addition to her stellar academic perfor-
mance as top achiever from 2004 to 2008, Ms
McKinney was also president of Junior
Achievement from 2006 to 2007, and president
of the United Church of God youth group.
She also serves as secretary of the Sigma
Gamma Rho sorority.
Ms McKinney is pursuing an Associate
Degree in law at COB in Freeport. She is the
daughter of Daniel and Hazel McKinney of
Freeport.
The FIDA scholarship committee is com-
prised of Dr Coralee Kelly, president of COB
Freeport, lawyers and FIDA directors Jethlyn
Burrows and Petra Hanna-Weekes, and
Charisse Brown, senior counsel at the Grand
Bahama Port Authority and FIDA director.
Ms Burrows said applicants applying for
the FIDA scholarship must have at least five
BGCSE's with a grade C and above, including
in mathematics and English, and a minimum
of a 3.0 GPA while in high school.
She said past recipients of the award were
Patrick Russell, who is pursuing studies to
become an electronic engineer, and Kishmir,
Rolle, who is in her second year at COB.
Before a recipient is selected, Mrs Burrows


FROM LEFT: FIDA directors Petra Weekes, Vivienn Gouthro, Jethlyn Burrows, and Charisse
Brown; Destiny McKinney, recipient; Karin Sanchez, treasurer; Hazel and Daniel McKinney,
parents of Destiny, and Lana Hield, secretary.


said, applicants must write an essay telling
the committee why he or she is a good candi-
date for the award.
Miss McKinney was very grateful to FIDA
for selecting her and allowing her to pursue
her dreams of becoming a lawyer.
"As a young child I was always interested in
law and I thought it would be a good profes-
sion to go into because I feel that I can make
a difference in law," she said.
After completing her associate degree, Miss
McKinney hopes to further her law studies
in England.
Mr McKinney commended FIDA for their
efforts to help the community,
"I want to thank FIDA for its contribution.
I think it is wonderful that they are giving
back to the community by assisting young-
sters with the opportunity to go off to col-
lege. We are very appreciative to them," he
said.
FIDA director Mrs Brown said the organi-
sation runs advertisements in the local news-
papers, inviting persons to apply for the schol-
arship.
They also send letters to all the high school
principals on the island, she said.


FIDA is an international non-governmental
organisation in consultative status with the
Economic and Social Council of the United
Nations. The organisation was first formed
in Mexico City in 1944 to promote the princi-
ples and aims of the UNmin legal and social
aspects.
FIDA works to establish friendly interna-
tional relations on the basis of mutual respect
and equality, and promotes the welfare of
women and children.
Ms Burrows said members'and affiliates
from 80 countries meet every second year in
the country of the current president.
Individual membership is open to male and
female law graduates admitted to practice in
their respective countries or those who are
eligible to be admitted. .
She said academic and law students are
invited to membership. She also noted that
apolitical, non-profit independent organisa-
tions of women lawyers may affiliate with
FIDA as voting members.
Men and women who are not lawyers, but
are interested in the advancement of women
in the legal profession, may participate in
FIDA as patrons.


ABOVE: VANESSA Kerzner, trustee of the Summit Foundation,
leads the pack of climbers up the Royal Towers stairwell.



Government and

Politics in

The Bahamas

POL 113
The College/University of

The Bahamas

"Leadership in a Time of Crisis"

featuring

Allison Maynard-Gibson



To be held at 3:00pm on
Sunday October 19th, 2008
Refreshments will be served

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in the Executive Board Room,

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TREVOR TUCKER and Marco Mullings (above) will open their second
show on Tuesday.
Their first show together, lot more creativity, bold patter]
"Bloom A Reflection of and just a "dash" more of colot
Nature" showcased 'he artists' The show runs until the end,
love of natural beauty. the month and can be viewed du
This show continues with that ing banking hours in the galley
theme and passion, but brings in a area.


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Credit Suisse, Nassau Branch

is presently considering applications for a

FACILITIES MANAGER

The position is open to candidates with the following minimum requirements:

Qualifications:
Minimum of 10 years well rounded facilities or property management experience in an
offshore banking environment
Strong management and leadership skills
Well versed in Bahamian building codes
In-depth knowledge of contingency planning and project management
PC Literacy (MS Word, Access, Excel)
Proven track record

Duties and Responsibilities
Serve as the general liaison between the local staff and other Corporate Real Estate & Services
Managers based in New York e.g. Security, Project Management. Engineering as well as the
local Country Management Team
Manage all maintenance contracts, monitor performance and process payments
'Facilitate building maintenance repairs and other minor renovations/reconfiguration projects;
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Assist Project Management team and business units with space issues. including moves.
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Arrange all special facilities services e.g. cleaning and overtime HVAC requests: liaison to
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Interface with and coordinate repairs and other issues with property manager; provide local
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related engineering issues
Manage local resources and vendors in the execution of maintenance contracts, repair work
and project related activities and communicate results or abnormal conditions
Provide on site support during emergency conditions including the communication of
information regarding cause and remediation of the situation
Perform daily inspections of critical areas and observations of engineering equipment
Coordinate all health and safety issues

Personal Qualities:
Excellent organizational. interpersonal and communication skills
A commitment to service excellence
Ability to work under pressure and with minimum supervision

Benefits provided include:
Competitive salary
Pension Plan
Health and Life Insurance

APPLICATIONS MUST BE IN WRITING.

Persons not meeting the minimum requirements need not apply.

Applications should he submitted to:
Human Resources Department
P.O. Box N-4928
Nassau, Bahamas
DEADLINE: OCTOBER 24, 2008


if.


'I-)


Annual 'Shred Day' held to promote


protection of personal information


SUNRYSE Shredding held their annual
community event "Shred Day" last week on
Rawson Square.
"Shred Day" is an event that seeks to pro-
mote the importance of protecting personal
information and the information of others from
possible iderftity theft.
This event was created to give individuals
the chance to professionally destroy their doc-
uments for free, while promoting daily safety
practices on how to constantly protect oneself


from identity crimes such as credit card fraud,
cheque scams, phishing scams, among others.
In an effort to urge people to be more mind-
ful of this increasingly popular crime, Sunryse
shredding put on an educational exhibit in
Rawson Square on Wednesday October 8 to
highlight some of the more prevalent crimes.
The event was a huge success with members of
the public taking more notice and promising to
be vigilant in protecting and properly discard-
ing their personal information.


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THE TRIBUNE


PAGE 8, FRIDAY, OCTOBER 17, 2008








FRIDAY, OCTOBER 17, 2008, PAGE 9


TI-IF TRIRIINF


MEE[S


FROM page one


en on board. He was one of three
who survived.
News reaching Nassau was that
Pilot Officer Thompson, the first
officer to leave home to join the
forces at the outbreak of war, was
missing in air operations over Ger-
many.
However, after five days "at
large", Capt Thompson still
believed by his family to be miss-
ing was captured and held in
the Stalag Luft III prison camp,
made famous in the movie "The
Great Escape." He was impris-
oned from July 1944 until he was
liberated by Russian forces in
April 1945. His son Leonard, Jr,
was born shortly after he was shot
down over Hamburg.
Capt Thompson and his three
brothers, Hartis, Morris and
Chester were known as "The fight-
ing Thompsons" for their service
in the war.
Leonard Thompson, born in
Hope Town, Abaco, was the sec-
ond son of Capt and Mrs William
Maurice Thompson. He had six
brothers and one sister.
The family moved often
between Nassau and Hope Town
during his early years. Where they
lived depended on where his
father was sailing at the time. Capt.
Maurice, captain of the three mast-
ed schooner Alma R, was one of
the first Bahamians to obtain a
master Mariner's licence from the
Board of Trade in London, which
included a Navigator's ticket. He
was at sea most of the time, spend-
ing the hurricane season at home
with his family.
During the depression of the
early 1930s, just after Prohibition
ended in the US. Capt Maurice
was without a ship and a job. He
decided, to try sponge fishing in
which he enlisted young Leonard
as his sculler, and Leonard's 11-
year-old brother Roscoe as the
cook.
After graduating from high
school young Leonard had sever-
al jobs in Nassau, including a year
at the Royal Bank of Canada. In
1937, shortly after leaving the
bank, he persuaded his -friend
Charlie Collar, a US Naval pilot
and later pioneer founder of
Bahamas Airways, to take him on
as an apprentice pilot for 1
($4.80) a week. In September 1939
he and four of his closest friends
left for Canada to join the Royal
Canadian Air Force.
Capt Thompson and Mary, his
wife of over 50 years, had six chil-
dren. He entered politics, sitting in
the House of Assembly as an inde-
pendent MP for Abaco for 19
years from 1949. He is well
remembered for the petition that
was sent to Her Majesty Queen


Legendary Bahamian


Elizabeth II that if independence
were granted to the Bahamas, her
loyal Abaco subjects wanted to
remain a colony of England.
Despite threats and intimidation,
67 per cent of Abaco's residents
signed the petition to remain a
colony.
Daring visionary that he was,
Capt Thompson pioneered avia-
tion in the country, flying for
Bahamasair and British Airways
before setting up his own airline,
Skyways Ltd.
And his entrepreneurial
instincts was further manifested
in the Thompson Brothers liquor
import business, which he estab'-
lished with his brother, Chester
Thompson, in Blackbeard's Tav-
ern restaurant east of the British
Colonial Hotel on Bay Street. He
also built a 32-room hotel at Trea-
sure Cay, Abaco, on what he
recognized as the most beautiful
beach in the Bahamas.
He later went on to build the
Marsh Harbour Hotel and Marina.
"The man had incredible fore-
sight," said friend and former
politician Michael Lightbourne,
66.
"Quite frankly I don't think
many people would have seen
what he saw in Marsh Harbour,
because a lot of the land was
marshy, but now it is the biggest
hotel in Abaco, and it has grown
from strength to strength."
His vision, combined with a pos-
itive outlook, enabled Capt
Thompson to achieve his goals and
overcome great tragedy, includ-
ing the loss of his son, Jeffrey, who
at the age of 24 was lost on a div-
ing trip near Freeport
His brother Chester said: "He
was always cheerful. If you asked
him how he felt he would always
say 'not so bad', or 'never better',
* something optimistic." .
Mr Lightbourne recalled: "He
was a giving person, and he just
made an incredible contribution
to the country, including basically
offering his life as a young man.
"He had an incredible array of
friends, a great sense of humour, a
joie de vivre; he enjoyed life, he
enjoyed people, and they enjoyed
him.
"He has left a great legacy."
Capt Thompson had 11 grand-
children and nine great-grand-
,children who will remember him
fondly.
His funeral will be held at St
Francis de Sales church in Marsh
Harbour at 3pm on Sunday, 'Octo-
ber 27.
Instead of flowers, please send
donations to Every Child Counts
(ECC), PO Box 200085, Marsh
Harbour, Abaco.


$120 million roadworks to be


carried out in next three years


FROM page one

lenges. However, with contractors having been
secured from August of this year, and with all
major starting components already in place, he
and his team have committed themselves to
going forward with this "mammoth," but
much needed project.
The project which will repair more than
11.6 miles of existing and new roads, and 19
corridors, and will include repairs to Baillou
Hill Road south, Mackey Street north, East
Street between Robinson Road and Soldier
Road, West Bay Street, specifically in the
Saunders Beach vicinity, Robinson Road,
Prince Charles Drive, Marathon Road, Wulff
Road, the Milo Butler extension to Cowpen
Road, and also the newly proposed layout of


FROM page one

to restrict movement, and a large
plastic bag over his head.
The writ filed and served to
officers WDC 138 Dames, D/Cpl
2416 Smith, Sgt 1239 Maycock,
the commissioner of police as
their superior, and the Attorney
General as joined under the
Crown Proceedings Act, claims:
"During beating the plaintiff
(Mr Dean) managed to bite
through the plastic bag to
breathe, and it was replaced by
clear stronger bag the plaintiff
was not able to bite through.
"He was beaten on the but-
tocks with a cutlass until badly
bruised and swollen, beaten on
both calves with a baseball bat
until bruised and swollen, both
shins were bruised and bleeding
by friction on the floor during
beating.
"He was punched about the
body and coughed blood,
punched on the right side of the
face which was bruised and bleed-
ing, and punches close to the right
eye caused blurred vision for five
days."
Mr Dean further claims his
handcuffed wrists were bruised,
swollen, cut and bleeding, and he
lost feeling in both thumbs, while
the bottom of his feet were
bruised and swollen from beat-
ing.
In fear of his life, Mr Dean
claims he signed a record of inter-
view and statement purported to
be witnessed by WDC 138 Dames


Bethel Avenue.
The minister also confirms that additional
improvements will involve the strategic place-
ment of pedestrian crossings, guard rails, the
installation of road and street signs, street-
lights, and increased road beautification ini-
tiatives.
The selected contractor for this project is
Jose Cartellone Construcciones Civiles of
Argentina, with consultancy services provided
by the Mark MacDonald group.
The project, which was made possible by a
loan from the Inter-American Development
Bank (IDB), began with this forum, held over
a two-day period, bringing together numerous
public and private entities who are all involved
at some capacity in this undertaking.
Included are representatives from The Min-
istry of Works, Water and Sewage, BEC,


KFC employee

and D/Cpl 2416 Smith, obtained
by oppression and extreme bru-
tality.
His attorney Dorsey McPhee
photographed Mr Dean's injuries
the following day while he was
detained at Grove police station,
were he stayed until July 3, when
he was moved to Nassau Street
and held until arraigned before
Magistrate Linda Virgil in Court
9, Nassau Street on July 4.
Mr Dean pleaded not guilty
to three counts of the armed rob-
bery of KFC, his co-worker and
conspiracy to commit armed rob-
bery.
He claims the arrest and
detention was unlawful, as the
reason for arrest, based on a wit-
ness statement given by a KFC
employee who arrived after the
robbery, relied on suspicion.
He further complained of
maliciously being made to appear
in Court One, Bank Lane, where
he was paraded before ZNS tele-
vision cameras alongside two peo-
ple being arraigned for a high
profile armed robbery of Scotia
Bank.
Mr Dean is claiming aggravat-
ed and exemplary damages for
assault and battery, malicious
prosecution, false and unlawful
arrest, unlawful detention,
$10,000 in damages to defend
criminal charges, damages for lost
wages, and costs.


BTC, Cable Bahamas, Road Traffic, Bahamas
Environmental Science and Technology Com-
mission, and the IDB.
Oscar Spencer, local IDB representative
stated: "We, the IDB, remain fIully committed
to supporting the governmcnl ol the Bahamas
in this very important project, which will lead
to the reduction in transportation cost for
road users in New Providence through
improvements in their existing network."
Mr Spencer went on to say. "It is important
that we work toward seeing this project to a
successful completion, in order to set the stage
for other development challenges that lie
ahead."
This latest government project follows
recent road upgrades that have already
started. in IEcuthi ra. I liirhoui Island, and
Abaco.


FROM page one

medical report on Taylor, who
had a visible injury to his low-
er face.
A second man has also been
charged in connection with the
stabbing.


Man charged

Charles Fitzgerald was
charged with causing grievous
harm to Kendrick Taylor.
He pleaded not guilty to
the charge and was granted
bail.


Scandal prompts PLP emergency meeting

FROM page one

Agency (NEMA), where construction materials were paid for,
but never arrived at their designated locations.
This first matter reportedly involves a $5 million contract
awarded to a well-known PLP supporter in the construction
field who has also been questioned by police in connection with
this matter.
A second matter involves another mul.ti-million dollar contract
awarded to a well-known PLP heavy equipment operator. This
time, the alleged scam involved a contract awarded to clear two
government sub-divisions valued at over $7 million.
Not only was the contract already inflated, the developer in
question is alleged to have turned around and sold the fill from
the land back to government at $1 million per sub-division -
totalling over $9 million on this single contract. It is said that the
contract was not put out to bid.
Reportedly, the sub-division developer is believed to have
been involved in a scheme where he was buying fill from a local
supplier for $4 a yard, and then reselling it to government for $12
a yard.
However, yesterday the PLP MP for Fox Hill Fred Mitchell
suggested on a radio talk show that the reports revealed by The
Tribune were simply part of a "smear campaign" by the FNM.
"I think the PLP ought to stand up and say enough of this. One
has the civic duty, of course, if there is a legitimate investigation
going on to co-operate with the authorities, but certainly you
don't expect if there is co-operation with authorities there is
going to be this type of trial by innuendo or sinearing." he said.






THE TRAIL


-A Ut I U, I-MILJUY, UUlIUtibH 1/, ZUUt


FRIDAY EVENING


OCTOBER 17, 2008


7:30 8:00 8:30 9:00 19:30 10:00 10:30

Issues Round- Washington McLaughlln Bill Moyers Journal (N) 1. (CC) Waking the Dead "The Blind Beg-
0 WPBT table discussion. Week (N) ) Group (N)(CC)gar" (Part 1 of2)
(CC)
The Insider (N) Ghost Whisperer "Ghost in the Ma- The Ex List "Protect and Serve" NUMB3RS Eight people, including
0 WFOR n (CC) chine"A ghost targets girs on a so- Bella is reunited with her ex, Ronny, two police officers, are gunned
cial-networking Web site. (N) a former bad boy. (N) n down in a coffee shop. (N) (CC)
Access Holly- Crusoe "Rum and Gunpowder (Series Premiere) Crusoe travels to the Life "Crushed" A college student is
VWTVJ wood (CC) New World in hope of getting out of debt. (N) n. (CC) found crushed to death in a wreck-
ing yard. (N) / (CC)
Deco Drive MLB Baseball National League Championship Series Game 6 -- Los Angeles Dodgers at Philadelphia Phillies.
* WSVN If necessary. From Citizens Bank Park in Philadelphia. Alternate primetime line-up includes "Are You Smarter
Than a 5th Grader?' and local programming. (Live) C (CC)
Jeopardy (N) Wife Swap A rugged lobsterwoman Supemanny "Park Family" Jo helps 20/20 (CC)
i WPLG (CC) trades homes and lives with a pam- a nanny in over'her head. (N) ,n
pered princess. (N) A (CC)

:00) CSI. Miami CSI: Miami "Money for Nothing' CSI: Miami Horatio goes to New CS: Miami "The Oath" Horatio must
A&E Entrance Men steal $2.3 million from an ar- York to work on a murder investiga- find a killer in order to clear a slain
Wounds' (CC) mored truck in downtown Miami. tion. C, (CC) police officer's name. (CC)
(:00) BBC World BBC News Click BBC News Our World Bagh- News
BBCI ews America (Latenight). (Latenight). dad suburb of
Dora.
BET 106 & Park: Top * SOUTH CENTRAL (1992, Drama) Glenn Plummer, Byron Keith Comic View: Access Granted
,ET 10 Live Minns. Ex-convict's love lifts his son out of an L.A. gang. (CC) One Mic Stand (N)
CBC Jeopardy! (N) Air Farce-Final Rick Mercer Re- Doctor Who As poison gas suffo- CBC News: The National (N) n
S (cc) Flight l, (CC) port n (CC) cates the Earth's population. (N) (CC)
CNBC (:00) Wall Street Crisis: Is Your Money Safe? On the Money The Big Idea With Donny Deutsch
S:00) Lou Dobbs CNN Election Center Larry King Live (CC) Anderson Cooper 360 (CC)
CNN Toimght (CC) I
Scrubs Feeling The Daily Show The Colbert Re- Chappelle's Chappelle's Chocolate News Comedy Central
COM guilty, J.D. can't With Jon Stew- port (CC) Show (CC) Show (CC) (CC) Presents Daniel
sleep. 1 (CC) art (CC) Tosh.
Hannah Mon- The Suite Life of Phineas and * HARRY POTTER AND THE CHAMBER OF SECRETS (2002,
DISN tana n (CC) Zack & Cody Ferb Art intimi- Fantasy) Daniel Radcliffe, Rupert Grint, Emma Watson. A malevolent
Beauty pageant. dates Django. force threatens the students at Hogwarts. C1 'PG' (CC)
This Old House Ask This Old Sweat Equity Project Xtreme Man Caves Man Caves Make a Move
DIY 1 (cc) House f (CC)__
DW Johannes B. Kemer Echt antik Journal: Tages- Quadriga Journal: In Euromaxx
them Depth
E The Daily 10 (N) Dr. 90210 "Behind the Mask" Cos- True Hollywood Story "Oprah" The Soup News The Girls Next
metic surgery reversed. Oprah Winfrey. (N) / (CC) and events. (N) Door
ESP College Football Coege Football Hawaii at Boise State. (Live) (CC)
ESPN Live C)
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ESPNI Mayweather Fuerae de Juego ons League Event, from Las Vegas. (Taped) Event, from Las Vegas. (Taped)
Daily Mass: Our The World Over Crossing the The Holy Rosary Defending Life The Footprints
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FIT TV last (CC) celebrities go public. (CC)
Fox Report- The O'Reilly Factor (CC) Hannity & Colmes (CC) On the Record With Greta Van
FOX-NC Shepard Smith Susteren (CC)
FSN FL BCS Breakdown Pro Football Preview Best Damn Sports Show Period Around the The FSN Final
FSNFL_(Live) (CC) Track: Preview Score (Live)
PGA Tour Golf Post Game LPGA Tour Golf Kapalua LPGA Classic Second Round. From Maui, Hawaii. (Live)
GOLF Show (Live)
GSN Catch 21 (CC) Who Wants to Be a Millionaire l Family Feud Family Feud Cl Catch 21 (CC) Pyramid n
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(:00) Walker, Walker, Texas Ranger Walker and * x CANDLES ON BAY STREET (2006, Drama) Alicia Silverstone,
HALL Texas Ranger Trivette go under cover to catch a Eion Bailey, Annabeth Gish. A married man reunites with an old high-
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LIFE 'Still Out of the Van as her assis- Name Is Barbora Bobulova. Coco Chanel becomes an influential French fashion
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NTV n :CC) new principal of West Bevery Hills High School. (CC (CC)
SPEED (:00) Barrett-Jackson Automobile Auction From Las Vegas. (Live)
Inspirations Behind the The Hal Lindsey Joel Osteen Dr. Frederick K. Praise the Lord (CC)
TBN (CC) Scenes (CC) Report (CC) (CC) Price (CC)
Seinfeld "The Family Guy Pe- Family Guy The *.WHAT WOMEN WANT (2000, Romance-Comedy) Mel Gibson,
TBS Heart Attack" n term's married to Griffins build a Helen Hunt, Marisa Tomei. A chauvinistic ad executive can suddenly read
(CC) the mob. (CC) parade float. women's minds. (CC)
(:00) What Not Real Simple. Real Life "'Emily" (Se- What Not to Wear "Amanda" A Say Yes to the Dress A bride wants
TLC to Wear (CC) ries Premiere) Overlooking finances, woman learns the value of looking to look "like Barbie." (CC)
(N) and feeling good. (N) (CC)
(:00) Law & Or- * THE RING (2002, Horror) Naomi Watts, Martin Henderson, David * THE RING (2002) Naomi
TNT der Nowhere Dorfman. Premiere. A videotape holds deadly consequences for its view- Watts. A videotape holds deadly
Man" ers. (CC) consequences for its viewers.
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TOON (CC) urdays (N) Clone Wars Clone Wars (N) Force (N) urdays Clone Wars
TRC Cops Cl (CC) World's Wildest "Surviving the Mo- Forensic Files Forensic Files Forensic Files Forensic Files
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(:00) Querida Cuidado con el Angel Marichuy es Fuego en la Sangre Hermanos La Rosa de Guadalupe "El Oficio
UNIV Enemiga una joven criada en un hospicio, buscan venganza. de Vivir" Una mujer entra en una
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C (CC) a famous musician. Cl (CC) contagious virus. (CC)
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VH1 wow, Chi McBride. C valry between two drummers threatens a college band. C (CC)
vS, North to Alaska Whitetail Revo- The Bucks of The Bucks of Ruger's Adven- World of White- Wlnkelman Out-
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(:00)7th Heaven *v HOUSE ON HAUNTED HILL (1999, Horror) Geoffrey Rush, Famke WGN News at Nine (N) C (CC)
WG N C (CC) Janssen, Taye Diggs. A mogul offers guests money to stay in a haunted
asylum. C (CC)
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WPIX tergeist" C (CC) Hates Chris (N) C (CC) footage, including the ladies impro- Tong, Jim Watkins (N) (CC)
C (CC) vising a rap in the hot tub.
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WSBK (CC) ditlons responds to baby-sits for Roz.
Frasier's advice. C (CC)

Countdown to *** K EASTERN PROMISES (2007, Drama) Viggo (:45) Body of Entourage The Entourage Dom
HBO-E Pavlik-Hopkins Mortensen. A midwife uncovers evidence against a Lies: HBO First guys go on an asks Vince to bail
C (CC) London crime family. C 'R' (CC) Look C adventure. (CC) him out. C
(5:45) **** Little Britain The Life & * JARHEAD (2005, War) Jake Gyllenhaal, Peter Sarsgaard, Jamie
HBO-P ALMOST FA- USA Counseling Times of Tim Foxx. Marines band together during the Gulf War. 'R' (CC)
MOUS (2000) session. (CC) Tim's bus seat.


(6:00) * * FORREST GUMP (1994, Drama) Tom Hanks, Robin Wright, Gary Sinise. A slow- Countdown to
H BO-W LITTLE WOMEN witted Southerner experiences 30 years of history. f 'PG-13' (CC) Pavlik-Hopkins
(1994) 'PG' (CC)[ I (CC)
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for the 2000 election. C (CC) his parents. 'PG' (CC)
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(2000) R' (CC) (CC) wage war on Earth.'PG-13'
(6:35) * HARRY POTTER AND THE ORDER OF * HITMAN (2007, Action) Timothy Olyphant, (:35) HOTEL
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pert Grint, Emma Watson. F 'PG-13' (CC) political conspiracy. C 'R' (CC) ALL NIGHT Cl
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unexpected romance. C 'PG-13' (CC) successful run. guru. C (CC) predator. C (CC)


TMC


Enjoy Great Food, Prizes and Lots of Fun.


i'm lovin' it


.1. .


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F USHER Wood. A large comet is on a collision course with Earth. C 'PG-13' (CC) TWO (2006, Comedy) Johnny
(2008) 'R' (CC) Knoxville, Steve-O. A 'R' (CC)


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kids's faces.



B inv your children to the

M'cHppy +Hou acMcDonacld's in

Malborouqgk Street every Tkusdcay

from 3:30pm to 4:30pm during the

MOhVk of October 2008.


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PAG 11 RDY COE 1,20 H RBN


THE COLINAIMPERIAL


INSURANCE LTD

invites tenders for the purchase of.-


y., r~':,


ALL THAT piece, parcel or lot of land situate in
the vicinity of Johnson Road in the Eastern
District of the Island of New Providence and
having the Number 5 in the Valentine's
Extension Number 2 Subdivision.
The Subject Property consist of the following
accommodations:- (3) 1 Bed Room Apartments
each with Living Room, Dining Room and
Kitchen. (2) 2 Bed Room Apartments each
with Living Room, Dining Room and Kitchen.
Colinaimperial Insurance Ltd. (formerly Imperial
Life Financial) will sell as mortgagee under
power of sale contained in a Mortgage dated
30th. Day of November, A.D., 1990, stamped
and recorded in Volume 5548 at Pages 90 to
114.


K


ALL THAT piece, parcel or lot of land situate in the
Subdivision called and known as Yamacraw Shores
Subdivision having the number (99). Single Family
Residence. Property size: 8,221 sq. ft. Building size:
2,596 sq. ft. Three (3) Bedrooms & Two and a half (2
1/2) Bathrooms.
Colinaimperial Insurance Ltd. will sell as mortgagee
under power of sale contained in a Mortgage dated
28th day of September, A.D., 2004.


..'> .. -^ .*'- _
"' r:-" ^ -^ :"' "
,I


5F


ALL THAT piece, parcel or lot of land
situate in the Subdivision called and
known as Vista Marina Subdivision
having the Lot number seven (7) in
Block number sixteen (16) situated in
the Western District in the Island of
New Providence. Residential Property
size: 10,500 sq. ft. Building size: 4,970
sq. ft. The subject property is a four
bedroom, two bathroom single storey :
dwelling.


.Colinaimperial Insurance Ltd. (formerly
Colina Insurance Company) will sell as
mortgagee under power of sale
contained in a Mortgage dated 30th
day of July, A.D., 2003.


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'1
'.4
~* -~*-~* ~ -


ALL THAT piece, parcel or lot of
land situate in the Subdivision
called and known as Centreville
having the number twenty-two
(22) in Block number fourteen
S (14). Commercial /Residential.
Property size: 10,500 sq. ft.
:- Building size: 3000 sq. ft.


1~*


Colinaimperial Insurance Ltd.
(formerly The Manufacturers Life
Insurance Company) will sell as
mortgagee under power of sale
contained in a Mortgage dated
21st day of December, A.D., 1990
stamped and recorded in Volume
5554 at pages 563 to 578.


ALL THAT piece, parcel or lot of land
situate in the Subdivision called and
known as South Beach having the
number thirty (30) in Block number five
(5). Single family residence-Property size:
6,364 sq. ft. Building size: 2,133 sq. ft.
Three (3) Bedrooms & Two (2) Bathrooms.
Colinaimperial Insurance Ltd. (formerly
The Canada Life Assurance Company) will
sell as mortgagee under power of sale
contained in a Mortgage dated 28th day
of March, A.D., 2001 stamped and
recorded in Volume 8157 at pages 395
to 417.


ALL THAT piece, parcel or lot of land situate in
Section Three (3) of the Subdivision called and
known as Sea Breeze Estates having the
number Seventeen(17) in Block Number
Thirteen (13).
The Subject Property consist of the following
accommodations :- (3) Bedrooms, (2)
Bathrooms, Kitchen, Living Room, Dining
Room and Utility Room.
Colinalmperial Insurance Ltd. (formerly
Imperial Life Financial) will sell as mortgagee
under power of sale contained in a Mortgage
dated 19 day of September, A.D., 1984
stamped and recorded in Volume 4154 at
Pages 357 to 377.


Colinaimperial Insurance Ltd. reserves the right to reject any and all offers.

Interested persons may submit written offers in a sealed envelope
addressed to General Manager, Mortgage Operations,
P 0 BOX N-3734, NASSAU BAHAMAS
to be received no later than the close of business on
November 30th, 2008.


*i

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'*[


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19


I


PAGE 11. FRIDAY, OCTOBER 17, 2008


.~'. ' r - _-; . r.-. .' r. I. `


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.....


THE TRIBUNE







TRIBUNE SPORTS


PAGE 12, FRIDAY, OCTOBER 17, 2008


Ex-Yankee Tom

Tresh dies at 71

* BASEBALL
VENICE, Fla.
Associated Press

TOM TRESH, the 1962
AL Rookie of the Year and
part of three New York
Yankees teams that reached
the World Series, has died.
He was 71.
Tresh died Wednesday
after a heart attack, accord-
ing to the funeral home han-
dling the arrangements.
Tresh was an 1962 All-
Star as a shortstop and made
the team again in 1963 as a
center fielder. He later
earned a Gold Glovein the
outfield.
"Tommy was a great
teammate," Yankees great
Yogi Berra said in a state-
ment. "He did everything
well as a ballplayer and was
an easy guy to manage."
The Yankees were near-
ing the end of their decades-
long dominance in the AL
when Tresh became a regu-
lar, taking over at shortstop
when Tony Kubek went to
serve in the Army. He hit



the likes of Mickey Mantle
and Roger Maris and helped
the Yankees reach the
World Series from 1962-64.
The switch-hitting Tresh
homered in the Game 5 vic-
tory over San Francisco in
1962, and made a running.
backhanded catch on Willie
Mays' drive.to left field in
the seventh inning in a 1 -0
win in Game 7.
Tresh homered off Sands
Koufax in the 1963 Series
loss to Los Angeles and
homered twice in the 1964 "
loss to It._ uis. including
a shofotf fob Gibson. ""
Overall; Tresh hit .21' 'f
overall with 153 home runs
and 530 RBIs. He was trad-
ed by the Yankees to:
Detroit during the 1969 sea-
son and retired after that
season.
Tresh, who was born in
Detroit, attended Central
Michigan and later was an
assistant coach at the school.
"This hurts. He was my
roommate for six years of
my life, my hitting instructor
and my best friend. He let
me be me, but he was also
the guy who kept me in at
night," longtime teammate
Joe Pepitone said.


FA looking into

possible match-fixing
* SOCCER
LONDON
Associated Press

ENGLAND'S Football
Association is investigating
allegations of match-fixing in
this month's League Champi-
onship match between Derby
and Norwich.
Derby beat the Canaries 2-
1 on Oct. 4, but the match was
reportedly subject to irregu-
lar betting patterns in Asia.
The FA was known to be
investigating a match, but its
identity hadn't been con-
firmed until two British politi-
cians asked questions in Par-
liament about it on Thursday.
Norman Lamb, who is a
Norwich season ticket-holder,
put forward a question on the
subject to the government.
"When anything like this
enters our game the whole
thing's destroyed because you
lose trust," Lamb told the
BBC. "It's important the FA
investigates this as a matter of
extreme urgency."
The Sunday Telegraph
newspaper, which reported
the allegations last week,
handed the FA a document
detailing the unusual betting
and also to the Gambling
Commission the regulatory
body for gambling in Britain.
Neither organization has
jurisdiction over the Asian
market, but both have a man-
date to uphold the game's
integrity.
Derby took the lead with a
26th-minute goal by Rob
Hulse. Sammy Clingan tied it
with a penalty in the 51st
before Nathan Ellington
scored the winner with five
minute remnininf.


Nadal through to





Madrid quarters


ANDY RODDICK of the U.S. reacts in front of an American flag during
a tennis match against Gael Monfils of France at the Madrid Masters in
Madrid Thursday Oct. 16, 2008. Monfils won the match 6-4, 3-6, 6-3.


NFL/AP Photo
JETS safety Eric Smith has
appealed his one-game sus-
pension and $50,000 fine by
the NFL for his helmet-to-hel-
met hit last week on Arizona
receiver Anquan Boldin,


RAFAEL NADAL of Spain returns the ball on his way to
beating Richard Gasquet of France 6-4, 6-2 during a ten-
nis match at the Madrid Masters in Madrid Thursday Oct.
16, 2008.


GAEL MONFILS of France returns a shot to Andy Rod-
dick of the U.S.during a tennis match at the Madrid
Masters in Madrid Thursday Oct. 16, 2008. Monflis won
the match 6-4, 3-6, 6-3.


* TENNIS
MADRID, Spain
Associated Press

RAFAEL NADAL moved
within one victory of clinching
the season-ending No. 1 rank-
ing on Thursday by beating
Richard Gasquet 6-4, 6-2 to
reach the Madrid Masters quar-
terfinals.
Nadal will hold the year-end
top spot if he beats another
Spaniard Feliciano Lopez,
who beat Stanislas Wawrinka
6-4, 6-4. Roger Federer has held
that spot for the past four years.
Defending champion David
Nalbandian was ousted by
Argentina Davis Cup team-
mate Juan Martin del Potro 6-4,
6-2. Eighth-seeded Andy Rod-
dick was also eliminated, los-
ing 6-4, 3-6, 6-3 to Gael Monfils
of France.
The ninth-ranked Del Potro
controlled the third-round
match from the start after
breaking Nalbandian, who was
coming off a tournament win
in Stockholm last week, in the
first game.
Del Potro broke again to
take the opening set and then
seized control of the second
with another break in Nalban-
dian's first service game.
"I have to do my things, but
in Davis Cup he is the leader
and he is the one that counts
above everyone else," said Del
Potro, who is closing in on a
spot at next month's Masters
Cup in Shanghai. "I'm getting
better day by day. We don't
compete to see who is the best
from Argentina."
Nalbandian and Del Potro
will play singles for Argentina
in the Davis Cup final against
Spain from Nov. 21-23 in Mar
del Plata, Argentina.
Del Potro's quarterfinal oppo-
nent will be the winner of the
match between second-ranked
Roger Federer, who won here in
2006, and Australian Open final-
ist Jo-Wilfried Tsonga.
U.S. Open finalist Andy Mur-
ray also reached the quarterfi-
nals with a 7-5, 7-6 (2) win over
Marian Cilic.
Broken early on, the fourth-
ranked Briton broke Cilic to
make it 5-5 and again two
games later to close out the set.
Cilic rallied late in the next
set to force a tiebreaker, but
Murray took a 6-1 lead after
Cilic double-faulted. Murray
clinched the match when Cilic
hit a shot long.


Jets' Smith says fine, suspension were too steep


* FOOTBALL
FLORHAM PARK, N.J.
Associated Press .

NEW YORK JETS safety
Eric Smith thinks the NFL
"made an example" of him
with its punishment of his hel-
met-to-helmet hit on Arizon-
a's Anquan Boldin a few weeks
ago.
Smith was suspended and
fined $50,000, including one
game check, after the scary col-
lision near the end of New
York's 56-35 win on Sept. 28.
"If you compare it to the
other fines and the extent and
the value of the number they
put on the other fines, I defi-
nitely feel that I may have been
made an example of," Smith
said Thursday. "It was a first
offense this year, and there are
a couple of second offenses
that haven't been as severe as
mine."


Boldin needed surgery to
repair a fractured sinus and is
sidelined indefinitely. Smith, in
his third year, appealed the
decision and insisted there was
no malicious intent on his part.
The league said Smith com-
mitted a flagrant violation of
player safety rules and that
Boldin was in a defenseless
position when contact was
made.
"I tried to tell them that my
intention wasn't to hit him like
that, but they told me intent
wasn't looked at," said Smith,
whose salary is $445,000. "But
if intent isn't involved, then
why isn't every fine the same'?"
NFL spokesman Greg Aicllo
said the league would have no
comment on the suspension or
Smith's statements.
Smith was accompanied to
his appeal hearing at the NFL's
offices in Manhattan last week
by his agent, Buddy Baker; Jets


general manager Mike Tan-
nenbaum; and a lawyer for the
NFLPA. Smith said he knew
lie had little chance of having
the penalties overturned.
"I felt that the media atten-
tion it received was really tough
to win my appeal, just because
of the attention it got and basi-
cally everybody knew about it,"
said Smith, who sat out the Jets'
win Sunday against Cincinnati.
"So, it was going to be tough
for the NFL to change their
decision on it."
NFL commissioner Roger
Goodell, who a few weeks ear-
lier issued a player safety edict,
was not present at the hearing.
"I can't say it would've
helped me or hurt me either
way," Smith said, "but I
would've definitely liked to
have talked to him about it."
With 27 seconds left in the
game, Boldin tried to catch a
pass from Kurt Warner in the


end zone. butll was hit in the
back by Kerry Rhodes and then
took a shot to the front of his
helmet from Smith. After being
worked on for several minutes.
Boldin was immobilized and
placed on a stretcher before he
was carted off the field No
penalty was called on the play.
Smith was also briefly
knocked unconscious and has
no recollection of the hit --
except for what he's seen over
and over on replays.
"From the first time I saw it,
it looked as I'm going to hit
him, I'm going to hit himin the
chest," Smith said. "But when
he got hit from behind, he
cainme down into where my line
of hitting was. So, if he hadn't
been hit from behind, then it
wouldn't have been helmet to
helmet."
Smith called Holdin a few
days after the collision and left
him a lmessagc.


SPORTS


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TRIBNE SORTSFRIDY, CTOBR 17 200,PPAET1


Grand Bahama rolls out the


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* By RENALDO DORSETT
Sports Reporter

THE nation's sec-
ond city rolled out
the red carpet
treatment for team
Bahamas with a
special focus on
their home grown
quintet of athletes,
which represented
the Bahamas at the
2008 Olympics in
Beijing.


From the moment the athletes disembarked at
the GBIA, the celebrations for Team Bahamas
and native Grand Bahamians Vereance Burrows,
Devin Mullings, Michael Mathieu, Andre Williams
and Donald Thomas included a red carpet wel-
coming press conference and peaked with a youth
rally held at Independence Park yesterday.
Hundreds of students across Grand Bahama
along with Parliamentarians and well wishers
turned out at the park to pay homage to the
Olympians.
Each of the five Grand Bahamians was hon-
oured through song or spoken word by their
respective alma maters, Mathieu of the St.
George's Jaguars, Williams of the Sir Jack Hay-
ward Wildcats, Burrows of Sunland Baptist Acad-
emy, Mullings and Thomas both of the Bishop
Eldon School.
All of the 19-team members were awarded with
gifts for their performances with the male mem-
bers receiving Techno Marine watches and female
members receiving pearl jewellery sets.
The ceremony concluded with a special perfor-
mance by recording artist KB with renditions of
two of his hit singles, "You Don't Know Me Eh"
and "Civil Servants."
Wellington Miller, President of the Bahamas
Olympic Association, gave one of the most pro-
found addresses of the ceremony when he praised
Grand Bahamian organizers but implored the
Olympians to relate the entire depth of their jour-
ney to the impressionable youth sitting before
them.
"Grand Bahama is quickly becoming the organ-
ising capital of the world, the way you celebrate
should be held up as an example of the way we
should do things all across he country," he said.
"Everyone sees the upside of your career and
wants to celebrate through the glitz and glamour,
but I want you to tell the youth of what it truly
tak-s to get to this point. Tell them of the times
you have been disappointed in the past, tell them
the discipline it took to for you to get where you
are in your careers, tell them how hard you have
worked and sometimes all you had was prayer, tell
them everything it took for you to reach this lev-
el."
The Grand Bahamian natives responded to the


outpouring of affection with
a timely cross section of rel-
evant messages.
Burrows, a sophomore at
the University of Kentucky
who competed in his first
Olympic Games told the *
crowd how he had been in
their position just a short
time ago a'nd found inspira-
tion in Olympic athletes.
"I remember being in this
park a few years ago when I
was younger, and I remem-
ber seeing the Golden Girls
tease me with their medals,"
he said. "It was a definite
inspiration to me to one day
be able to get to the
Olympic games."
Williams, who ran a cru-
cial third le, in the finals of
the men's silver medal win-
ning 1600m relay team,
stressed the role a strong
support system can play in
the life of a young person
in the pursuit of a specific '
goal.
"To the parents I just
want to say support your
kids in whatever it is they
choose to do, whether it is
with sports or anything"
else," he said. "To the kids, obeying your parents
is the first step because all this success starts in the
home. You have to go after your goals and
dreams, but most importantly, stay focused on
'doing things the right way."
Mathieu, who ran the second leg in the finals of
the 1600m relay insisted on the importance of
religion in shaping the mindset of the prospec-
tive athletes.
"Put Goc. fist in your life first and foremost in
all your decisions throughout life," he said. "Suc-
cess does not come easy, just like being a great ath-
lete does not come easy, but you have to be deter-
mined to stick with it and to remember that above


- ~;-~


anything else put God first."
Thomas, whose international notoriety ascend-
ed to astronomical heights following his 2007
World Championship, experienced a myriad of
injuries throughout much of his 2008 season and
related his experience this year to the importance
of hard work.
"This year I was unable to bring a medal home
like I did last year," he said. "I could not work like
I wanted to this year and when 3. u do not work
you do not get rewarded. That should be one of
the biggest lessons you should learn."
Mullings, a recent graduate of the Ohio State
University, was also a first-time Olympian, com-
peting in doubles with Olympic veteran Mark
Knowles.
"I am so thankful for the reception we have
received and this entire experience has given me
nothing but confidence moving forward," he said.
"I am definitely looking forward to London in
2012 and what we can accomplish there."
The exuberant celebrations in Grand Bahama
culminated in an islandwide motorcade stretching
from Lucaya to West End where scores of resi-
dents lined the streets to catch a glimpse of the
2008 Olympians
The team's nationwide tour concludes today
with visits to islands most drastically affected by
Hurricanes Hanna and Ike. m


To the parents

I -just want to

say support

SOur kids in

whatever it is


they


choose


to do,

whether it is

with sports or

anything else


ANDRE WILLIAMS


ffV2. .


FRIDAY, OCTOBER 17, 2008, PAGE 13


TRIBUNE SPORTS







PAGE14, RIDA, OCOBE 17,2008TRIBNEOSORT


Westminster College PACBO playing major
l nnin in oolubtinn hnkin


Reigning BAISS Basketball
Champions the Westminster
Diplomats proved themselves
to be more than good sports-
men as they donated several
boxes of water and other neces-
sities to the Hurricane Ike vic-
tims yesterday.
The players were joined by
the female Diplomats and coach
Geno Bullard, Sr. in giving the
items to the Missions Team
from Family of Faith Ministries
International who be distribut-
ing the items on islands affected
by the storm. Associate Pastor
Andrew Wong and Senior Pas-
tor Rick Dean lauded the stu-
dents for their kind gesture and
told them they are learning at a
young age that giving so gener-
ously affects lives they will nev-
er know.
They added that they were
especially grateful for the water
as so many communities are still
in need of fresh water.
"We are so fortunate to be in
New Providence and protected
by other islands during these
storms and hurricanes," said
Coach Bullard. "But in that for-
tune we have become a bit
insensitive to realising how'
much these people lose in a
matter of hours. We also want-
ed to help those in athletic pro-
grammes who may not be able


to pursue their sports because of
the rebuilding effort. After
speaking with Family of Faith
Ministries, I think we will be
looking to assist even greater
and even attempt a trip there
to show our support."
"It's one thing when we just
focus on competition and being
our best in sports, but it's anoth-
er thing for us to focus on being
socially conscious and civic
minded because we are a part of
a wider community," noted
player Kenesha Small.
"Our coach reminds us to


look out for each other all the
time and I think by giving these
small items to people who have
worked hard and lost everything
we are proving that-we do care
about others. A lot of times
people say 'just keep the less
fortunate in our prayers' but we
are here today to show that we
are keeping them in our prayers
but we are also doing something
about it. A little bit can go a
long way if we all give a little."
"We are the reigning BAISS
Champions but we don't want
to be known for simply basket-


POINT GUARD
Geno Bullard,
Jr. and centre
Rashad Morely
present Pastors
Rick Dean and
Andrew Wong
with cases of
water and other
necessities for
hurricane vic-
tims as West-
minster Coach
Geno Bullard
looks on.






ball," added varsity centre
Rashad Morley. "We want'to
be known for being young men
and women who care about
more than sports and who care
for people in general. What you
see us giving today is not some-
thing one person decided on.
It's something we all felt oblig-
ated to do. We are fortunate
enough to attend a top-rate pri-
vate school and be on the best
basketball team in the Bahamas
but we are 'also fortunate
enough to give to those who are
less fortunate than us."


In


I UIU III o111U g i UUAIIIg


great Elisha Obed


The Pan American
Caribbean Boxing Organiza-
tion, headquartered in Nassau,
is playing a major role in salut-
ing the career of boxing great
Elisha Obed.
The organisation is headed
by sports/media personality
Fred Sturrup.
Another Bahamian, Richard
Demeritte is the treasurer.
President Sturrup informed
the Tribune Sports on Wednes-
day that Obed is one of a num-
ber of sports giants from around
the region who have been
selected as nominees and will
be attending the inaugural
Caribbean Awards Sports Icons
Banquet in New Kingston,
Jamaica, November 7.
"We are one of the regional
associates of the CASI Foun-
dation and it is with lots of pride
that our organisation steps for-
ward to work towards putting
the spotlight on some outstand-
ing native sons and daughters
of the Caribbean.
"PACBO undertook to
ensure that Obed is in atten-
dance. Also, a special supple-
ment saluting Obed's status as
one of the Caribbean's sports
icons has been produced by
PACBO and will be published
before Obed leaves for
Jamaica," the PACBO Presi-
dent informed.
CASI is the brainchild of
Jamaican-born Al Hamilton
who lives in London.
"It has been a dream of
Hamilton for a long time to


establish a
forum to
give hon-
or and
praise to
the ath- fX -
letes of 'he
t h e
Caribbean
who at
great dis-
ad van -
tages,
have man-
aged to
match up
very well with peers from the
big and powerful countries of
the world," said Sturrup.
With the birth of CASI, the
achievements of the
Caribbean's sports legends will
live on. It is intended that the
CASI Banquet becomes an
annual event.
Sturrup and the former world
champion and Obed's brother-
in-law Eric Hynes are sched-
uled to depart November 6 for
the Caribbean sports extrava-
ganza. Obed won the North
American Boxing Federation
junior middleweight champi-
onship in January of.1975. Then,
in November of that year he
took on the tough Spaniard
Miguel de Oliveira, and stopped
him in round 11 to capture the
World Boxing Council junior
middleweight crown.
He successfully defended the
title twice before losing it to
Eckherd Dagge of Germany in
1976.


r"t




:.















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. .. : =







I










^ ^..^ ,,,.


' i --


BAILLOU won the Rugby Sevens
Tournament undefeated over the week-
end by beating the Buccaneers, Cuckoos
and Freeport Clubs.
The team then went on to beat the Buc-
caneers in the semifinal and they finally
shut out Freeport four tries to none for
the championship.


The tournament was used to assist the
selection process for the national team
scheduled to compete in the World Cup
qualifier in New Providence October 25-
26.
The Bahamas' team will play against
the US, Canada, Mexico and the best in
the Caribbean.


FROM (l-r standing) are Tim
Thompson, Geo Rolle, Shawn
Kemp, Andrew Kemp, Robert
Carron and Leon McPhee.
From (1-r kneeling) are Con-
nor Albury, Andrew Bodie,
Kevin Salabie and Duran
Beadle.


Lightbourn and Chaplin set

to go head-to-head in Pune

FROM page 15
200 breast. From track and field, Kenneth Wallace-Whitfield
completed the Bahamas' two-member participation as he ran
in the preliminaries of the men's 800.
Running out of the last of three heats, Wallace-Whitfield came
in fifth in a time of 2:01.02. Kenya's Raphael Olekei took the vic-
tory in 1:53.33.
While Wallace-Whitfield failed to advance to the final, fin-
ishing 15th overall, Olekei qualified with the sixth fastest time. His
team-mate David Mutinda was the fastest qualifier in 1:51.84.
In the final, Windy Cylof Jonas of the Republic of South
Africa took the gold in 1:50.72 with the silver going to Daniel
Lagamang of Botswana in 1:52.51. Mutinda (1:52.22) edged out
Olekei (1:52.27) for the bronze.
The games, in which the Bahamas was represented for the
first time in boxing, tennis, swimming and track and field, will
come to a close on Saturday.


Sunshine Insurance presents

$2,500 cheque to BAAA

FROM page 15
between the Sufishine group of companies and the BAAAs. In
2000 Sunshine Holdings spearheaded a national fundraising ini-
tiative to Support Team Bahamas through the Fund for Olympic
Gold, as the team prepared for competition in Sydney, Aus-
tralia. Sunshine Insurance donated $10,000 to the BAAAs for
final training of track and field athletes for the 2008 Beijing
Olympics.
Mr. Franklyn Wilson, Chairman of Sunshine Holdings, con-
gratulated the members of Team Bahamas on their accom-
plishments and assured them of his company's continued support.


Dear Editor

Please allow me a little of the valu-
able space in your newspaper to
pay tribute to another Bahamian
sports legend who has passed on, and I
speak of none other than Donald
*"Nine" Rolle.
We both grew up in the Kemp Road
area of New Providence and were
friends from our pre-teen years. It all
started when "Nine" wanted to borrow
my new Union Jack roller skates and I
refused his request and stated that I
would rent them to him but he could
NOT borrow them. After our negotia-
tions. I agreed to let him use the skates
for a nominal tfee of 6p (six pence).
Using only two straps of black rubber
from a discarded bicycle inner tube and
with bare feet, "Nine" donned the
skates but had difficulty maintaining his
balance and fell repeatedly. This was
more than I had bargained for not
only did I "earn" 6p that day, but got
free
entertainment as well.
This rental agreement was in effect
for several
days afterwards and "Nine" got pro-
gressively better.
Within a matter of two weeks, not
onl was he able to successfully negoti-
ate Pinmder Hill on Kemp Road. but he


.was leaping over two 55 gallon drums,
that were laying side-by-side.
In a month's time. in addition to skal-
ing both forward and backward, he was
also carving out elaborate patterns on
the ground and became reputed as one
of the fanciest roller skaters "out east".
It is said that the only difference
between men and boys is the site and
cost of their toys and naturally. "Nine"
was the first among his
contemporaries to own an automo-
bile. He also developed a reputation as.
an excellent fisherman, casting his
bait from the docks and rocks on
Montague Beach and in the lake
behind that historic hotel.
He was an exceptional pool shooter,
which proved to be a good source tor
"pocket money" and no one in the area
who was in their right mind would chal-
lenge him to a game of pool
He honed his tennis skills by playing
with the father/son team of Pcrc\ and
Anthony Munnmgs and not mni.i
would recall his athletic piOWL';s but
can remember attending the Ti.ick &
Field meets at St.
Augustine's College \ ith him.
While the meet was in piogre's.
"Nine" would stage his o n high itiump
competition on the side line. daring
persons to jump against him and quite
often he. wearing street clothes. \>mild
jump higher than the athlete' in thei


official competition
On weekends, we would stage our
own track meets in the sand at Mon-
tague and again. "Nine" would be the
one to beat.
Employment opportunities sent me
to Giand Bahamn and while working at
the Jack Tar in West End, my friend
"Nine" would come and visit. On one
occasion, he had been playing on the
Tennis Court for two days and created
such an impression with both the Man-
agement and guests that he was offered
the job as the Resident Pro.
As impressive as the offer was, he
simply said, "Man, I can't sta min Grand
Bahama!" As his good fortune would
have it, he wernt back to Nassau and
almost immediately took up the sport
-of golf and the rest. they say. is history.
Donald "Nine" Rolle became a trail-
blazer for Bahamian professional,
golfers and even tried to get me to play
the game but I simply did not have that
kind of patience.
On a subsequent trip to Grand
Bahama, I made the mistake of sug-
gesting that he give up the sport of golf,
but in a very dignified way, as he pre-
sented me with my first set of clubs as a
gift, lie politely said, "It's too late now,
I'm heavily into golf."
This sport afforded him the opportu-
nity to travel extensively, both in com-
petition and as a Goodwill Ambassador.


DONALD'NINE' ROLE

for his country.
In addition to the sport of golf. per-
haps his second love was politics. Here
again he was fiercely. loyal to what lie
strongly believed and lent his support
to whatever cause that his political affil-
iation demanded of him. He truly had a
heart of gold and was a true, genuine
friend in every sense of the word.
"Nine" came to Freeport two months
before his demise to attend a party and
would not rest or be at ease until my
wife, Anne and I arrived. He
pulled me aside into our own little
corner as we reminisced about old
. times and the fact that 1 decided to
make Grand Bahama my home. He
declared his intention to make a trip
to Cuba upon his return to Nassau and
we can resume our talks when he got
back to The Bahamas.
I drove him back to his hotel and my
wife and I walked him to his room.
We all said "Good Night" but five
short days later, someone told ine that
my lifelong friend, Donald "Nine"
Rolle had passed away.
"Nine" was a colourful character who
was full of life he did not merely exist,
he LIVED. I will miss my friend great-
ly. Thanks for all of those good memo-
ries: Rest In Peace.
Your true friend:
F. GEORGE "PECAS" CURlS


gives to Ike victims


BAILLOU WIN RUGBY SEVENS TOURNAMENT


_


::LETTER, TUIVITHI:,

"ED T,9:R


TRIBUNE SPORTS


PAGE 14, FRIDAY, OCTOBER 17, 2008








'H11 E T R I lB L N E PA G E 15


FRIDAY, OCTOBER 1", 2008

-IN-SID I nternatio nalspots


NPBA set to

kick off new

season with

celebrity game

By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net
AS a part of the 'Sports
Heritage Week' starting
from October 20-25, the
New Providence Basketball
Association will hold a
celebrity game and officially
kick off its 2008/9 season at.
the Kendal Isaacs Gymnasi-
um.
And during the opening
night festivities on Friday,
October 24, the NPBA will
honour the three basketball
players in a Hall of Fame
basketball game between the
Kentucky Colonels and the
Beck's Cougars.
Winston 'Tappy' Davis,
Sterling 'Robert Lloyd'
Quant and Fred 'Papa'
Smith will all be among 15
persons inducted in the Class
of 2008 National Hall of
Fame.
The ceremony for the
inductees will take place on
Saturday, October 25 at the
British Colonial Hilton Hotel.
Joining Davis, Quant and
Smith are Winston 'Gus'
Cooper,.William 'Yama
Bahama' Butler, Thomas
'the Bird' Grant, Churchill
Tener Knowles, Dr. Bernard
Nottage, Edison 'Ambry'
Armbrister, Betty Kelly
Kenning, Hubert Wong and
the late Captain Rolly 'the
Grand Master' Gray, Hen-
Sry Crawford, Peter 'Pa B'
Bethell and Delroy 'Roy'
Armbrister.
Gray, Crawford, Bethell
and Armbrister will be hon-
oured posthumously.
The National Hall of
Fame is being organised by
the Ministry of Youth,
Sports and Culture and will
be held under the patronage
of Governor General Arthur
Hanna.
NPBA president Keith
'Belzee' Smith said the Her-
itage Sports Week should be
a great one, but they are
even more enthused about
the opening of the basket-
ball season.
The opr ning game at 7
p.m. will be a rematch of last
year's final between the
champions Commonwealth
Bank Giants and runners-up
Electro Telecom Cybots.
The feature contest will be
a rematch of an age-old
rivalry between the Ken-
tucky Colonels and the
Beck's Cougars. Quant and
Smith starred significantly
for the Colonels and
Cougars respectively.
"Both organizations know
and they are excited to
play," said Smith, who was a
part of the Colonels, who
had the most famed rivalry
in sports in the country.
As for the NPBA season,
Smith said it's shaping up to
be even more competitive
than it was last year with at
least eight teams expected
to participate.
"These are some tough
economic times, so you can't
force these guys," said Smith
about trying to get more
S teams to sign up. "We know
where the sponsors lie, so we
will go with what we have."
Smith, however, said they
are still waiting to hear from
the Harbour Island Brilands
who participated in the
league. The Brilands came
to town to play and teams
from New Providence trav-
eled to Harbour Island to
play.
The College of the
Bahamas Caribs may also be
returning and the Royal
Bahamas Defense Force are
considering becoming a part
of the league as well.
"The major sponsors are
back in the league, but there
are still on the bubble
because of the financial con-
straints that some of the
companies are facing," Smith
pointed out.


"But we will welcome
whoever decide to come."


Lightbourn and Chaplin set



to go head-to-head in Pune


* By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net
ONE day after she won the
first heat for the Bahamas,
McKayla Lightbourn fell just
short of getting into the final in
the two events she competed in
yesterday at the III Common-
wealth Youth Games.
Lightbourn, one of the three
swimmers on the Bahamas' 11-
member team in Pune, India,
came in ninth in the women's
200 medley preliminaries in two
minutes and 27.99 seconds.
The eighth and final qualifier
for the final was Megan
Gilchrist of Scotland in 2:26.26.
The top qualifier in 2:20.84 was
Helena Thornton of England,
who won heat three that Light-
bourn competed in.
Lightbourn, third in her heat,.
did splits of 32.08 in her first 50
butterfly, 37.85 for 1:09.93 in
the 50 backstroke, 43.57 for
1:53.50 in the 50 breaststroke
and 34.49 in the 50 freestyle.
In the final, Thornton cap-


Wallace-Whitfield


fails to advance


tured the gold in a games record
time of 2:20.84. The silver went
to Kacey Pilgrim of Australia
in 2:23.09 with her team-mate
Jessica Legge taking the bronze
in 2:20.07.
Almost as impressive as her
200 IM, Lightbourn fell short
as well of getting into the final
of the women's 200 back when
she touched the wall third in
2:29.53 for 10th overall.
Lightbourn did splits of 34.34
in the first 50, 37.10 for 1:11.44
at the 100 mark, 38.50 for
1:49.94 at 150 and 39.59 in the
final 50.
Katherine Venters of Eng-
land won the heat in 2:19.69 for
the second fastest qualifying
time. The fastest qualifier was
Georgia Davies of Wales in
2:19.58.


Venters went on to win the
gold in a games record time of
2:15.06, followed by Chelsey
Wilson of Nigeria with the silver
in 2:16.31 and the bronze went
to Bridgette Taylor of Australia
in 2:16.38.
Davies had to settle for fourth
in 2:16.72.
Also in the pool, Jenna Chap-
lin was fifth in the last of three
heats in the women's 100 fly in
1:06.88 for 12th place overall.
She did splits of 31.59 and 35.29.
Jemma Lowe of Wales won
the heat in the fastest qualifying
time of 1:00.78 for a new games
record.
Lowe came back in the final
and lowered her record to 59.73
for the gold, holding off Amy
Smith of Australia with the sil-
ver in 59.78. The bronze went to


Sunshine Insurance presents


$2,500 cheque to BAAA


Comparing Bahamian ath-
letes' ability to compete and
excel on a global platform to
Sunshine's philosophy of being
a local company with global
reach that provides profession-
al, seamless service, Brian
Moodie, President of Sunshine
Insurance (Agents & Brokers)
Ltd. presented a $2,500 cheque
to Mike Sands, President of The
Bahamas Association of Ath-
letic Associations (BAAAs) to
assist with the ongoing training
of Team Bahamas. The pre-
sentation was made on Tues-
day, October 14 when BAAA
executives and Team Bahamas
members, Leevan Sands, Jack-
ie Edwards, Christine Amertil,
Tamika Clarke, and Devon
Mullings paid a courtesy call on
Sunshine Insurance to express
thanks for the company's finan-
cial support during the recent
Beijing Olympics.
This latest donation further
strengthens the relationship
SEE page 14


UN


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Jessica Ash of Australia in
-1:00.42.
And John Bradley got sec-
ond in the second of five heats
in the men's 100 free in 58.72
for 26th place. Bermuda's Julian
Fletcher won the heat in 58.15,
but he ended up just ahead of
Bradley in 25th place.
India's Dhaval Khade was the
fastest qualifier in a games
record of 50.65. Vir came back
in the final and lowered the
time to 49.47 for the gold. The
silver went to Aussie's Thomas
Barrett in 50.66 and his team-
mate Ryan Napoleon got the
bronze in 51.05.
Today, only the two female
swimmers will be in action as
the competition wind down for
the Bahamas.
Chaplin (lane one) and Light-
bourn (lane two) will go head-
to-head in the first of two heats
in the women's 200 fly and
Lightbourn will come back to
compete in lane three in the
first of two heats in the women's
SEE page 14


IN PHOTO L-R: Frank Smith (Prr 'ent, Sunshine r
Alpheus Finalyson(BAAAs), Mike Sands (BAAAs) i,;
Clarke, Jackle Edwards, Leevan Sands, Christine Amertil,
Franklyn Wilson(Chairman-Sunshine Holdings Ltd.) Devon
Mulllngs, Bian Moodle(President, Sunshine Insurance), Fra-
non Wilson.(President, Arawak Homes Ltd.)



Geneva Brass Seafoods

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presentation of this ad.


~gge~p~arrpa~-asr II 5 -- ~II I ~--- c --------II~-I-1-- ---~-L---- ~---ID----- ------ -- I-----------r




. o i,, .l , o. i Auu THE TRIBUNE


.9-.


;t i
Ii' t 1 iilf


9 Bridgette Smith is the second winner of
The Tribune's $1000.00 Caught Red
Handed Saturday coupon giveaway.
ja Pictured left to right Patrice Fisher, The
' Tribune and Bridgette Smith $1000.00
winner..


me.f


LISA SMITH
$50.00 winner


* a -


0 a


L. DAVIS


A0@


PHILLIPPA KNOWLES
S* 00

DE
> a


PEOPLE 'S NEW SPAPER


SHAWN THOMPSON


IDELL BROWN
$50 winner


SUSAN DAVIS
$20 winner









RUP RAQUEL BAPTIST
$20 winner


ROSELYN HORTON
$50 winner


ELEN McKENZIE
$50 winner


$20 winner









C. KELLMAN
$20 winner


ON O'BRIEN CAPT. GEORGE SAWYER CARLA PRATT LEANDRA CARTWRIGHT
$20 winnq : $20 winner $20 winner $20.00 winner



T. he Tribune
*THE PEOPLE'S NEW SPINNER
THE PEOPLE 'S NEW SPAPE c Mi"- 1 iP I


S* S * at *


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.U..S.....-
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FRIDAY, OCTOBER 17, 2008


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
Uncertainty last night sur-
rounded the short-term status
of the RIU Paradise Island
resort, with both the Ministry
of Tourism and Department
of Labour still attempting to
determine whether the prop-
erty was due to close for sev-
eral months for renovations.
Tribune Business yesterday
spoke to a number of persons
in the hotel industry, who all
said that because RIU Par-
adise Island did not belong to
any Bahamian hotel industry
affiliation, it was difficult to
ascertain exactly what was
happening.
Resort staff told this news-
paper they were unable to
comment on the situation
when contacted yesterday,
referring Tribune Business to
the general manager, who was
not on property.
RIU, which is an all-inclu-
sive resort owned by the Span-
ish hotel chain of the same
name, is not a member of the
Bahamas Hotel Association
or the Bahamas Hotel
Employers Association.
Nor are its 400 staff repre-
sented by the Bahamas Hotel,
Catering and Allied Workers
Union.
Sources from within those
organizations said they had
heard the RIU Paradise Island
was to close for several
months possibly until the
Christmas/New Year holiday
period to undergo renova-
tions.
Yet all were unclear as to
how long any closure would
last for, the scope of works
and what would happen to the
resort's employees during that
time.
The C -partment of Labour
said it could not issue any
statements regarding the RIU,
and it is understood that
tourism officials are also seek-
ing to meet with the property's
executives to determine the
situation.
Any closure would, even
temporary, would be a blow
to the several hundred
employees, who would be
deprived of critical tipped
income in the run-up to the
expensive Christmas season.

SEE page 5B


Multi-million dollar ferry



terminal urged for Nassau

* Bahamas Ferries executive says company needs
purpose-built facility to match experience provided
by new vessel and service
* Potter's Cay terminal would cost $3.5m-$4m, with.
Malcolm Park and Arawak -Cay other options
* $450,000 Harbour Island upgrades set to start

* By NEIL HARTNELL
Tribune Business Editor
A senior Bahamas Ferries executive yester-
day called on the Government to assist the
company in its development of a purpose-built
ferry terminal which, if built at its current Pot-
ter's Cay base, would cost between $3.5-$4 mil-
lion and enable its facilities to match service and
vessel quality.
Khaalis Rolle, Bahamas Ferries' chief mar-
keting officer, told Tribune Business that with
its new Bo Hengy II vessel due to arrive in the
Bahamas at the end of October, and then begin
SEE page 4B



BISX viewing global stock


market crash 'as opportunity'

* Exchange has strategy to facilitate listing and trading
of government debt securities before year-end


* By NEIL HARTNELL
Tribune Business Editor
The Bahamas International
Securities Exchange (BISX)
views the current global stock
market meltdown "as an oppor-
tunity" to capitalise on its juris-
dictional independence and
transparency and leverage its
international expansion plans,
its chief executive said yester-
day.
With the exchange having
unveiled its BISX GLOBAL
joint venture earlier this year,
Keith Davies said the Bahami-
ans stock exchange was "posi-
tioning ourselves" to capitalise
on the current situation once
calm returned to global stock
markets.
"We see at BISX, from an
international standpoint, this as
an opportunity," Mr Davies said
of the current equities market
meltdown.
"We are going to be leverag-
ing the fact that institutions are
going to be looking for a juris-
diction free from the US, and
looking for a jurisdiction that is
visibly transparent."
Investors across the world -


from Wall Street in the US to
the City of London in the UK,
Europe and Asia were "railing
against the lack of regulation
and transparency" that had con-
tributed to the mess in the glob-
al financial system and, by
extension, the stock market and
economy.
"We are planning," Mr
Davies told Tribune Business.
"We have redistributed some
of our efforts on the interna-
tional front to see where there
are possibilities and the 'way we
ought to go.

SEE page 6B


for a better life


Key Freeport


marinas in court


receivership.



By NEIL HARTNELL
Tribune Business Editor
Two key Freeport-based marinas and the Grand Bahama Yacht
Club hive been placed into .at least temporary court-appointed
receivership due to a dispute over the repayment of loans worth $23-
$24 million that were advanced to their owner, Tribune Business can
reveal.
An October 7, 2008, court order by Justice Estelle Gray-Evans has
appointed former PLP Senator Philip Galanis, an accountant with
the HLB Galanis Bain firm, as the receiver for assets owned by Scan-
dinavian investor Preben Olsen and his New Hope Holdings company.
These assets include the Port Lucaya Marina, Grand Bahama Yacht
Club Marina and Grand Bahama Yacht Club, plus some 20 parcels of
land owned in freehold by New Hope Holdings that are mainly situated
in the Lucayan Marina and Bell Channel areas. Another 10 parcels of
land that have been leased to New Hope Holdings are also covered by
'4the receivership order.
The order stipulates that Mr Galanis is to manage and preserve
New Hope's assets until at least October 23, 2008. That is the date when
it is understood that attorneys representing Mr Olsen and New Hope
are likely to appear before the Supreme Court and attempt to overturn
both the receivership and the injunction that froze New Hope's assets.
Until then, Mr Galanis is ordered "to collect, get in and receive
the rents and profits of the businesses and undertakings of New Hope
Holdings, now carried on at Grand Bahama Yacht Club Marina,
Grand Bahama Yacht Club and Port Lucaya Marina, and also to
manage and work the said businesses and undertakings".
The receiver is obligated to keep the two marinas and the Yacht Club
open during their "lawfully permitted" hours of business, plus pay
their staff due wages and salaries and all bills from the likes of suppli-
ers and utilities that come due.
Tribune Business previously exclusively revealed that Mr Olsen's
main financial backer. T.G.. Investments, had been seeking a court-
appointed receiver for the New Hope properties, alleging that the
Scandinavian investor had defaulted on repaying loans worth $23-
$24 million.
Attorneys Maurice Glinton and Arnold Forbes, acting for American
investor Tony Gonzalez, the man behind T.G. Investments, obtained
a Mareva Injunction to freeze the assets of Mr Olsen and New Hope
Holdings.
They are alleging T.G. Investments lent $23-$24 million, secured by
two promissory notes, to Mr Olsen and New Hope Holdings to finance
the acquisition of the Port Lucaya Marina and associated properties, but
this has not been repaid. They are also claiming the company financed
other obligations of New Hope Holdings.
Yet this newspaper understands that Mr Olsen and his own attorneys
are likely to vigorously contest both the default allegations and any
attempts by Mr Gonzalez to have a court-appointed receiver take
control of New Hope Holdings' Grand Bahama-based assets.
Mr Olsen's representatives will probably seek to overturn the injunc-
tion at the earliest possible opportunity, especially since it was obtained
at a hearing where they were not present.
In addition, Tribune Business understands that Mr Olsen's side is
alleging that responsibility for any loan repayment default lies square-
ly with Mr Gonzalez. They are claiming that he failed to live up to sev-
eral obligations, one of which was to provide New Hope Holdings
SEE page 4B


FG FINANCIAL
PENSIONS & INVESTMENTS


Resort land deal


is 'terminated'

US public company unable to file
results because of wait for Rum
Cay resort developer's financial

N By NEIL HARTNELL
Tribune Business Editor
A proposed boutique resort
development for San Salvador
is unlikely to proceed, at least
for the moment, after the ven-
dors of the 550-acre site ear-
$ 3 marked for the project with-
6 drew from the land transac-
tion, Tribune Business has
been told.
John Mittens, a major
ss $ 32 shareholder in Montana Land
so$5.32O H Resources, which was propos-
ing the small boutique resort
and spa project, said he and
his fellow investors "may go
5.38 back" to the deal once his
-main resort development on
Rum Cay was sorted out.

SEE page 5B


group pensions


EM attract the cream of the crop
-I keep present employees happy
M guarantee staff retirement savings
Vall of the above


U A SULBMIDIARI 01I
FAMGUARD
CORPORATION LIMITED
CORPORATE CENTRE: CORNER OF VILLAGE & SHIRLEY STREETS I www.famguardbahamnas.com


FAMILY'GUARDIAN
INSURANCE COMPANY LIMITED


ith Davie


PENSIO


Y:T'~fj;







PAGE B, FIDAYOCTOER 17 200THEITIBUN


Legal Notice

Notice

INTERNATIONAL BUSINESS COMPANIES ACT
(In Voluntary Liquidation)

Notice is hereby given that in accordance with Section 138(4)
of the International Business Companies Act, (No.45 of 2000),
CASSEL CORPORATION. is in dissolution. David J. Rounce
is the Liquidator and can be contacted at 132, Yorshire Street,
Nassau, Bahamas. All persons having claims against the above-
named company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before 10th
November, 2008


David J. Rounce
Liquidator











is presently considering applications
for the following position:



CHEF

This position is open to candidates with the
following qualifications:

A high school diploma is required.
Training at the Hotel Training College or
equivalent training in the culinary arts.
Three years experience as a Chef.

Personal Attributes:

Must be able to work shifts and weekends.
Must be flexible, a quick learner and
adaptable to change.

Applicants must be Bahamian citizens or
U.S. citizens who are eligible for employment
.under Bahamian laws and regulations.

Please submit resume and three references
via e-mail fernanderra@state.gov
addressed to the Human Resources Office
no later than Friday, October 24, 2008.

Telephone calls will not be accepted in
reference to this advertisement.


Minister maintains 3,000




home goal still on target


* By CARA BRENNEN-BETHEL
Tribune Business Reporter
The Ministry of Housing is on target to
build 3,000 low-cost homes before the end
of the Government's first term in office,
the minister responsible saying yesterday
that it will be focusing on quality homes.
The Ministry has already awarded 36 con-
tracts for 131 homes.
While Kenneth Russell acknowledged
criticism that he did not build "one single
house" during his first year in office, he
said there was another side to the story
which was not told.
"On coming to office we met the Depart-
ment of Housing owing the Bahamas Mort-
gage Corporation $24 million, and approx-
imately $10 million was owed to contractors,
land owners and service providers," Mr
Russell said.
He added that some 70 houses were fin-
ished but unoccupied because of a lack of
infrastructure, and 100 persons in homes
with no conveyances and no mortgages, as
well as no legal permission to be in the
homes. Mr Russell said there were a huge
number of deficiencies and defects with the
homes built over the past five years, before
the FNM assumed office.
Mr Russell told the weekly meeting of
the West Nassau Rotary Club that he had
those problems to deal with as his first
course of action.
"The problems encountered ranged from
serious floor failures to minor roof leaks,


and we spent much time and money cor-
recting this and we are still not done," Mr
Russell said.
He added that to date 198 homes have
been repaired out of the 273 homes
approved for repairs, and there are 154
homes not yet assessed for repairs but which


will need them. The repairs have cost the
Ministry of Housing in excess of $1.7 mil-
lion.
Mr Russell said the Ministry of Housing
was able to obtain a $5 million loan to repay
some of the outstanding debt, but still owes,,
$5 million.
He said that of the $75 million worth of
Mortgage Corporation bonds approved by
the House of Assembly for the housing pro-
gramme,they had converted $15 million to
ready cash just two weeks ago and the hous-,
ing programme has officially restarted.
Mr Russell said that to date, "35 homes
have been started in Adrastra Gardens,
which is the new name for Prepall Tract,
with 12 contractors. In Pride Estates 3, we
have started 61 homes with 17 contractors.
The first home in Pride Estates was com-
pleted the day after we got access to the
15 million, and so we were in there for
the first three months.
"In Spring City, Abaco, we have 35 hous-
es under construction with seven contrac-
tors, for a total of 131 houses and 36 con-
tractors."
Mr Russell added that the Ministry of
Housing had recently signed a roads con-
tract for a subdivision of 10 homes in San
Salvador, which was built with no infra-
structure.
The minister said they were trying to
spread the business as wide as they can due
to the economic woes, and said this will go
a long way in helping Bahamians in these
difficult economic times.


'In STEP' with two

scholarship awards


PICTURED (LEFT TO RIGHT) ARE: TANYA HANNA (deputy chairper-
son/director), Anita Bain (treasurer/director), C. Dianne Bingham (chair-
person/director), Morganna Thurston (STEP/GAM Foundation Scholarship
Recipient 2008), Ricardo Taylor (STEP/GAM Foundation Scholarship
Recipient 2008), Paul Bailey (client director, GAM), Karen Haven (secre-
tary/director), Cecil Ferguson (director), Nicole Pratt (director).

.v The Society of Trust and
Estates Practitioners (STEP)
Bahamas branch joined forces
with CAM to honour two schol-
arship recipients.
The annual GAM-sponsored
". .u . lunch for the STEP Bahamas
S' branch took place at the British
S, Colonial Hilton and was attend-
S .. -. ed by 60 members.
Paul Bailey, GAM's client
director, gave a presentation
S* .- entitled A Trustee's Guide to
Hedge Funds.
Mr Bailey provided STEP
Bahamas members with an
overview of the different types
d .of hedge funds, and the issues
f y lur dream for trustees when using hedge.
M funds in a trust's portfolio.
lInda Pilot, Mr Bailey presented the
GAM & STEP Bahamas Annu-
A.ccord sedan al Scholarships.
The two organizations pro-
Im pact CR-V, vide two scholarships annually.
to two deserving individuals to
Jr dream can pursue the STEP Foundation
course, an introduction to the
fri n nt l ith n1 Ir STEP Diploma qualification.


Honda Odyssey Honda CR-V Honda Accord RHD


Visit our Honda Showroom on Shirley Street
328-2285
Fax: 323-7272 www.hondabahamas.com


NM C
NASSAU MOTOR CO LTD


Share

your
news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


NOTICE OF
RECEIVERSHIP



NASSAU BUILDING

SUPPLIES LIMITED


NOTICE is hereby given that NASSAU BUILD-
ING SUPPLIES LIMITED, a company incorporat-
ed under The Companies Act, has on the 7th day
of October, 2008 been placed into receivership by
the Supreme Court upon the Ex-Parte Summons
filed on the 16th September, 2008 and be advised
that JOHN S. BAIN of HLB Galanis Bain has been
appointed the Receiver and Manager of the prop-
erty and assets of the company.


-- I



S An i

Is .to Q w n a
Odyssey, A


--


PAGE 2B, FRIDAY, OCTOBER 17, 2008


' THE TRIBUNE








FRIDAY, OCTOBER 17, 2008, PAGE 3B


THF TRIRIINF


Bank unveils 7.6% profit rise to $38m


Commonwealth Bank yes-
terday bucked the economic
gloom by unveiling a 7.6 per
cent net income increase to $38
million for the first nine
months in 2008, its chairman
attributing the results to "pru-
dent management" that has
kept total impaired loans to
just 1.4 per cent of the total
portfolio.
T.B. Donaldson said total
assets had topped $1.25 billion
at the September 30, 2008,


quarter-end, with net income
up from $35.4 million for the
same period last year.
Commonwealth Bank's
assets stood at $1.25 billion,
with cash and liquid assets
standing at $218 million, up
$26.5 million from December
2007 levels.
Capital ratios remained well
above regulatory requirements,
with total equity exceeding
$212 million, up $11 million
since December 2007.


"Our principles of safety and
soundness underlie our pru-
dent management of the bank.
Thus our conservative policy
of consumer loan write-offs,
and aggressive provisioning
policies, results in a strong bal-
ance Sheet," said Mr Donald-
son.
"The strength is reflected not
only in loan loss provisions
over 150 per cent of impaired
loans, but the total impaired
loans at 1.4 per cent of the loan


portfolio is well below the
industry average."
Following a three-for-one
stock split late last year, Com-
monwealth Bank's stock yes-
terday stood at $7.37 a share.
Mr Donaldson noted that
while Commonwealth Bank
has no exposure in US markets
stricken by the sub-prime
mortgage crisis, "the resulting
impact on the US economy will
continue to challenge our
tourism industry and econom-


ic activity in the Bahamas.
"Despite these tough times
the bank surpassed the third
quarter results of the prior
year, when the economy was a
lot stronger. As we look
towards the end of the year we
are optimistic about our 2008
performance. As always, we
have to thank our dedicated
and loyal employees whose
noble efforts allow us to serve
our customers in the way that
they deserve."


"Notice is hereby given of the loss of Bahamas Government
BRegistered Stock Certificate as follows:



assistance proposals
. Interest Maturity


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
The Clearing Banks Asso-
ciation (CBA) yesterday said
it was eagerly awaiting further
details of the Prime Minis-
ter's proposal to assist strug-
gling homeowners with their
mortgage payments.
- Luis Ochoa, the Associa-
tion's president and Citibank
country manager, told Tribune
Business that while the banks
did not feel they were in crisis
mode, they welcomed any
assistance that can be given to
their customers.
"Basically, we have seen a
slight change and deteriora-
tion in the amount of fore-
closures and delinquent pay-


I


ments because of what has
been happening, but I think
all the banks would agree that
we have not reached the point
that we are experiencing a cri-
sis," Mr Ochoa.
Still, he said the Association
welcomed any proactive mea-
sures the Government would
take to assist Bahamians and
keep the economy going dur-
ing this period.
Mr Ochoa said commercial
banks have not yet been noti-
fied by their regulators, the.
Central Bank of the Bahamas
.and the Ministry of Finance,
about the details of the mort-
gage assistance programme,
but said they were looking for-
ward to learning about it.
Michael Munnings, a Sco-
tiabank (Bahamas)
spokesman, said in a state-


i* PUBLIC NOTICE
INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, EROL BONNEFIN of
#102 East Street, intend to change my name to EROL
SIMONVIL. If there are any objections to this change
of name by Deed Poll, you may write such objections
to the Chief Passport Officer, RO.Box N-742, Nassau,
Bahamas no later than thirty (30) days after the date of
the publication of this notice.






Approximately 1,200 square feet of second
floor space will be available January, 2009 in
newly constructed building at the comer of
Marlborough and Cumberland Streets. Two
(2) on-site car spaces included.

Ideal location for offshore bank, trust company,
law firm, or other professions.



Contact Owner at
362-6627 or 362 6006


ment: "In these challenging
times, such aid or financial
relief to consumers would help
to reduce their discomfort of
not being able to service debt
repayments in a timely man-
ner, or at all."
He added that in recent
months, borrowers have been
experiencing challenges with
loan repayments.
"We continue to work with
- and encourage our cus-
tomers and prospects to: care-
fully assess their spending
habits, focus on cost cutting
measures, and avoid expendi-
ture on nonessential items in
this time," Mr Munnings said.
"To this end, we continue
to promote savings in our
external marketing messages
in order to encourage all con-
sumers to make every effort
to establish regular savings
habits as a part of their normal
budgeting routine. It's such
savings that provides a finan-
cial cushion to help soften the
impact that such times can
have on consumers and their
households."
In a statement yesterday,
Royal Bank of Canada said
that given the recent volatility


Share

your

news
The Tribune wants to hear
from people who are
making news in their
neighborhoods. Perhaps.
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


of financial markets in the
USand throughout the global
economy, it wanted to reas-
sure Bahamian clients of its
financial stability.
"RBC Royal Bank of Cana-
da and RBC FINCO in the
, Caribbean consist of a strong
network of branches and sub-
sidiaries throughout the region
and are a key part of Canada's
largest bank, RBC.
Canada's banking system
has been recently rated num-
ber one for safety and sound-
ness in a global competitive-
ness report by World Eco-
nomic Forum," Royal Bank
said.
The bank said that Royal
Bank's capital ratios and
senior debt ratings were
among the highest globallyin
the banking sector, and it was
maintaining a proactive
approach to risk management.
This includes stringent cred-
it reviews, approval, limit and
monitoring processes, as well
as practices that limit expo-
sure to any single name and
any single sector.


PUBLIC AUCTION
I ea- I: i20 :

By Order of
The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of.The Bahamas

I. G. STUBBS WILL SELL


WHAT:


Fifteen (15) assorted used vehicles as set out in the
schedule below:


2003 Dodge Caravan
1996 Ford Explorer
1997 Dodge Stratus
2001 Hyundai H-1 Van
2001 Kia 12 Seaters Bus
2000 Ford Ranger Truck
2003 Toyota Coaster Bus
1989 Chevy Caprice Hearse


2000 Toyota Coaster Bus
2004 Toyota Coaster Buss
2002 Kitchen Van Trailer
2002 Hyundai H-1 Van
1997 Toyota Van (Hiace)
20006 Hyundai H-1 Van
(gold/silver)
1978 L800 Ford Boom Truck


LOCATION: Police Training College Grounds Internal Securities Division,
Oakes Field a

TIME: 11:00am Saturday, October 18th, 2008 Preview and Inspection
from 9:00am Until Auction time at the site.

TERMS: ALL items to be Sold Where Is As Is for Cash, Cashier' Check
or current Bank Guarantee Letter. Purchase will not be released until paid for
in full not later than 4:00pm Tuesday, October 21st, 2008. Where a deposit
is required, the same is non refundable. If final payment is not made by
4:00pm Tuesday, October 21st, 2008 any and all deposits made will be
forfeited.

Any and all Notices or amendments by Auctioneer on said Auction Day
whether written or verbal shall supercede this or any subsequent advertisement.

For further information contact I. G. Stubbs at 322-2028 or
Fax: 328-8086 or Email: igstubbs@coralwave.com
or
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com
I.G. STUBBS

PUBLIC AUCTIONEER LICENSE #0360


SAN SAlADOR



SUGAR LOAFg

M Guest Organizer

Our success depends on your success, Our ability to accomplish
what we set out to do is based primarily on the people we hire-we
call each other "Organizers" We are always focused oh our people.
We provide opportunities to develop your skills, further your career
and achieve your goals.
At San Salvador Funtimes, you'll find a commitment to excellence
among our organizers; an emphasis on respect in how we treat our
guest and each other; and a dedication to social responsibility.
We look for people who are adaptive self-motivated, passionate,
creative team players, able to speak and write in French, Italian
and Spanish, If that sounds like you why not bring your talent and
skills to Funtimes? We are growing in dynamic new ways and we
recognize that the right people, offering their ideas and expertise,
will enable us to continue our success.
San Salvador Funtimes is a service provider of Excursion to
CLUB MED, Columbus Isle, San Salvador Bahamas.
Contact: email: everettejackson@hotmail.com


SA leading jewellery retailer is seeking a person for this senior position.


The successful candidates will be responsible for ensuring sales and profits are
optimized through excellent customer service and *proper maintenance of inventory
controls according to established company procedures.
The ideal candidate should possess:
Integrity, Energetic motivational skills and Assertiveness
A minimum of 5 years management experience in the jewellery,watch and
luxury goods sectors
Strong knowledge of luxury watches, buying, merchandising, selling
and repairs.
Ability to manage, train and motivate staff.
An eye for detail.
Good educational background. Professional qualification (GIA or
equivalent) or suitable work experience would be an asset.
Proven skills in inventory management, merchandising, marketing
and training
Ability to prepare basic accounts, budgets and assist with
.external audits.
Ability to prepare, maintain, and update operating manuals and
procedures.
Strong knowledge of computers and administration.
Ability to prepare matters for senior management and lead
discussions.
The position offers an excellent remuneration.and benefits package.
Interested person should submit your resume to:
The Human Resources Manager
P.O. Box N-623
Nassau, Bahamas
Fax (242) 328-4211


m I =H llHII nlIP----IIHIH









AGE 4IBFRIDAY, OCTOBER17,2008THETRIBUNBUIEESS


Multi-million dollar ferry



terminal urged for Nassau


VACANCY
FOR A GENERAL MANAGER
WA TER & SEWERAGE CORP ORATION

Under the direction of the Board of Director, this position is charged wih the general
Meagreunt and coordination of all aspectsf the Water and Severage Corporation's
admiuistwrtive ahd technical affairs; ensurethat the business of the Corporation is
conducted on a sound, realisticbasis in accadance with legislation, regulations ad


Role Specification

Core responsibilities include:

.Plannhg and directing the mintenanceand development of both business and
operational activities in order to maximizecost savings and growth in line with
overall business strategies.
S* Taking action to procure, maintain and improve physical assets of the Coiporation
includhig premises, and equipment to standards appropriate for the business
imdertakm.
Developing and maintaining effative operating systems and techniques reqtded
to attain maximum utilizatin for computer technology.
Serving external customers, focusingefforts on discovering and meeting their
needs.
Contribution to be development of sound business strategies which creates value
for the business.

The job requires wide experience in administration, financial accounting and project
fraMgement Must seek opportunities to helpttaff develop their skills whilst improving
performance in current role, facilitating careprogression or full realisation ofpolatiaL

The job holder must be a strategic leadercapable of orchestrating and leading major
cultural change efforts aimed at substailly improving the use and productivity of
human asss. Must be a strong advocate ofthe participative namagement philosophy
and be capable of pvviding strategic leadeihip in the corporat-wide transkion from
"top-down" management to "employee empowered"pmcesses.

lEducatdonal Requirements and Experience

We seek a seasoned Business Excutive with a minimum of 10 years senior management
experience with a degree in Business or Engieering; together with an MBA, MPA or
Professional Accounting qualification.

We offer a highly competitive base salary abng with attractive fringe benefits package.

Candidates with productive management experience and a proven ability to set and meet
corporate objectives should sead resume and salary requireannts sealed and narked
private an d confidential to:

Chairman
Water & Sewerage Corporation
P.O. Box N-3905
Nassau, Bahamas


&' if r e2 6do 2 O 2008 .1oeO


FROM page 1B
servicing the Nassau-Harbour Island-Governor's
Harbour route by early November, it was vital that
the entrance to Potter's Cay and terminal matched
the vessel's quality. Emphasising that Bahamas Fer-
ries was not looking for any financial assistance
from the Government, Mr Rolle said: "We're going
to put people on a vessel far superior than anything
seen on this side of the world for a long time.
"But there is a huge discrepancy in access and,
location, and the facilities, and the quality of the
vessel and the service we provide. We renew our call
for the Government to give us the flexibility to pro-
vide a proper ferry terminal, either at Potter's Cay or
some other similar location."
He added: "We're not asking government for any
funding; we'll fund it ourselves, like any good cor-
porate citizen. Our facilities do not represent who we
are, and customers are complaining about it on a dai-
ly basis."
Essentially, Bahamas Ferries has outgrown its
existing embarkation and departure terminal on
Potter's Cay and needs to either expand it or devel-
op an alternative site. Also among the company's
"several concerns" is' the unregulated, congested
and sometimes chaotic road entrance on to Potter's
Cay, which is lined with parked cars and conch stalls.
Mr Rolle explained that with the arrival of the
300-seat Bo Hengy II imminent, Bahamas Ferries
had almost reached the point where "the law of
diminishing returns" kicked in, as it was "beyond the
upper limits of what we can provide". Potter's Cay
was simply unable to accommodate any more vessels
or business. Mr Rolle said there were several poten-
tial sites that could accommodate a brand-new, pur-
pose-built ferry terminal in Nassau and provide
tourists and Bahamians alike with an experience to
match their voyage on the Bo Hengy II.
"Ideally, we think Malcolm Park is an option,
Arawak Cay is an option, Potter's Cay is an option,"
Mr Rolle said. "It [Potter's Cay] is the least pre-
ferred option for us right now. We have very little


Key Freeport marinas in court receivership


FROM page 1B

with $12 million in working capi-
tal over and above the initial
purchase price to fund its oper-
ations.
This, Mr Olsen is alleging, nev-
er happened, and without that
capital New Hope ended up
defaulting. Essentially, the core
allegation in their arguments rests
on the claim that any responsi-
bility for the loan default lies with
Mr Gonzalez himself.
Mr Olsen and New Hope
Holdings are being represeiged,
by Brian Simms, head of litiga-
tion at Lennox Paton, and
Matthew Paton.


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Tribune Business also under-
stands that another issue in dis-
pute is whether Mr Gonzalez was
ever a shareholder in New Hope
and the Grand Bahama projects.
Mr Gonzalez and his team are
arguing that he never was, while
Mr Olsen's attorneys are alleg-
ing just the opposite.
The legal dispute, which has
the potential to run for many
months, risks inflicting further
damage on Grand Bahama's
already battered economy. It has
yet to recover from the 2004 hur-
ricane season and subsequent
SRoyal Qais._qjosureop i.sth ,
internal ownership feud at the
Grand Bahama Port Authority
(GBPA).


That continuing battle, coupled
with the fall-out from the global
credit crunch and economic
downturn, has negatively impact-
ed proposed projects for Grand
Bahama, such as Morgan Stan-
ley's Barbary Beach develop-
ment, the Raven Group project
and others.
The island's already-faltering
economy now seems set to be hit
even harder by the effects from
the latest Wall Street meltdown,
meaning that the battle over New
Hope Holdings' assets, which
could possibly tie them up for
.o3Wp tirne, is t p basst.ihjng
Freeport and Grand Bahama
need just now.


NOTICE
NOTICE is hereby given that NATASHA TELSON
of BAHAMA AVE., P.O. BOX N-10326, NASSAU,
BAHAMAS is applying to the Minister responsible for
Nationality and Citizenship, for registration/naturalization
as a citizen of The Bahamas, and that any person
who knows any reason why registration/ naturalization
should not be granted, should tend a written and signed
statement of the facts within twenty-eight days from the
10TH day of OCTOBER 2008 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,
Bahamas.



Legal Notice

Notice

SHALE SHIPPING LTD.
(In Voluntary Liquidation)

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the
undersigned at Ocean Centre, Montagu Foreshore, East
Bay Street, P.O. Box N-3247, Nassau, Bahamas as sole
Liquidator on or before the 31st day of October, 2008. In
default thereof they will be excluded from the benefit of any
distribution made by the Liquidator.


Dated the 15th day of October, 2008


LYNDEN MAYCOCK
LIQUIDATOR


Legal Notice
NOTICE

SHALE SHIPPING LTD.

NOTICE IS HEREBY GIVEN as follows:

(a) SHALE SHIPPING LTD. is in dissolution under the
provisions of the International Business Companies Act
2000.

(b) The dissolution of the said Company commenced
on the 15th October 2008 when its Articles of
Dissolution were submitted to and registered by the
Registrar General.

(c) The Liquidator of the said Company is Lynden D.
Maycock of Ocean Centre, Montagu Foreshore,
East Bay Street, Nassau. Bahamas as sole Liquidator.

Dated the 15th day of October, 2008.

H & J Corporate Services Ltd.

Registered Agent
for the above-named Company


control of the entrance outside the space we occupy.
We want the ability to put a proper terminal there."
Mr Rolle said that if Potter's Cay ended up being
the ferry terminal site, it would require a $3.5-$4 mil-
lion investment "which is easily fundable". Arawak
Cay and Malcolm Park would both require greater
investment as they were sites with nothing there.
"I don't think it will be a deal breaker for us,
what the cost will be," he added. "For this industry
to grow, there are fundamental requirements, and
one is adequate space, adequate facilities, which
will be consistent with customer needs and what
our business is."
Meanwhile, Bahamas Ferries is investing around
$450,000 in improvements to the existing docking
facility in Harbour Island to accommodate the Bo
Hengy II. "We've gotten the approval to go ahead
and start the dredging, which is the main part of
the work to provide access to the dock," Mr Rolle
said. "That is our primary focus right now.
"The vessel is on its way now, and should be in
Mexico very shortly. Then it's a short trip over from
Vera Cruz in Mexico, where our crew will get on
board."
The Bo Hengy II will arrive in the Bahamas in the
last week in October, and likely begin service in
early to mid-November 2008, giving the company
time to complete the Harbour Island dredging and
pile laying. Upgrades to bathroom facilities are also
included, with the dredging set to start "within the
next week or so".
"The boat will have to sit there for a while," Mr
Rolle said of the Bo Hengy II. "We're already run-
ning way behind schedule and are over-budget."
When asked what passengers could expect from
the Bo Hengy II, Mr Rolle said: "They can expect an
experience unlike anything they have seen in trans-
portation, and marine transportation, in this part
of the world for a while."
He added that the vessel's facilities would be sim-
ilar to those found on cruise ships, with a Voyager
lounge on the upper deck for first-class passengers,
featuring satellite TV and leather seats on the daily
trip to Harbour Island.


THE TRIBUNE


PAGE 4B, FRIDAY, OCTOBER 17, 2008


4si







6 3 *- A A *fl.~ ______________________________________________________________


Resort land deal is 'terminated'


FROM page 1B


"The vendors have changed'
their minds," Mr Mittens told
Tribune Business on the San
Salvador land purchase.
"We were making what we
considered to be the. right
progress, and they terminat-
ed the transaction.... We had a
transaction in place, [deposit]
payments were made. We
asked for some flexibility
because of the [global eco-
nomic] situation, which they
were not willing to do."
Mr Mittens then said the
vendors told him that they had
been approached by other
parties offering a higher price
than Montana Land
Resources..
Mr Mittens is the principal
in Montana Holdings, a sepa-
rate company from Montana
Land Resources, which is
attempting to develop the
$700 million Rum Cay Resort
Marina and purchasing that
island's existing Sumner Point
Marina.
The Rum Cay project, like
many other similar mixed-use
resort developments in the
Bahamas, has been impacted
by the global credit/liquidity
crunch.
This has caused debt financ-
ing for these projects to all but
dry up and, together with the
US and European economic
downturn, means mixed-use
resort projects have also been
starved of revenues and cash
flow generated by real estate
and lot pre-sales.
"Because of the current sit-
uation, we have to hold that in
the bottom drawer," Mr Mit-
tens told Tribune Business of
the proposed San Salvador
project.
"Let's sort Rum Cay out
and then we may go back to
that."
Apart from the environ-


"Management is doing what it can to
expedite the completion of Montana
Holdings audited financial statements,
and expect to file its audited financial
statements for fiscal 2007 and fiscal
2008 in the near future."


mentally-friendly boutique
resort and spa, Mr Mittens
and his partners in Montana
Land Resources, which has
now been renamed New Eng-
land Land Resources, were
also planning to construct a
low-density residential com-'
ponent and small, commercial
marina for resort clients in the
ecologically-sensitive Pigeon
Creek area.
Filings submitted to the
Securities & Exchange Com-
mission (SEC) by Integrated
Data Corporation, a 20 per
cent shareholder in Montana
Holdings after making a $13
million investment, indicated
that New England Land
Resources had paid a $1 mil-
lion deposit on the San Sal-
vador land.
In its latest SEC filing, sub-
mitted before the transaction
was ended, Integrated Data
Corporation said: "Continu-
ing with our land and resort
investment strategy and with a
desire to diversify our hold-
ings, on July 30, 2007 we
entered into an agreement
with Montana Land
Resources to provide it with
an ongoing loan facility of up
to $4 million convertible at
our sole option pro rata into
up to a 20 per cent equity
interest in the company.
"Montana Land Resources,
which has since changed its
name to New England Land
Resources (NELR), holds a
purchase agreement for Snow


Bay Peninsula on the island
of San Salvador in the
Bahamas through its wholly-
owned subsidiary, Columbus
Island Ltd, and is a partial
owner and operator of Sumn-
er Point Marina on Rum Cay.
"NELR holds an option to
buy out its partner in Sumner
Point Marina and to acquire
more property surrounding
the marina."
And Integrated Data Cor-
poration added: "Funding of
NELR continues under the
NELR loan facility, and on
November 27, 2007, the
NELR loan facility agreement
was amended by mutual con-
sent to increase the maximum
loan amount from $4 million
to $7 million and upgrade the
associated convertibility terms
from a pro rata 20 per cent
equity interest to a pro rata
60 per cent equity interest.
"The current loan balance
under this loan facility as of
August 1, 2008, including
interest, is approximately
$6.996 million."
Meanwhile, Integrated Data
Corporation earlier this month
announced that it was late in
filing its audited financial
results for 2007 and 2008 with
the US stock markets and the
SEC due to delays in obtain-
ing audited statements from
Montana Holdings.
It said: "Integrated Data
Corp is awaiting audited
financial statements from an
affiliate, Montana Holdings,


in which it owns a 20 per cent
interest.
"Without these indepen-
dently audited financial state-
ments, and given the relative
magnitude of IDC's invest-
ment in Montana Holdings
($13 million), it is highly
improbable that the company
can receive an unqualified
opinion letter regarding the
company's financial state-
ments from its independent
auditors.
"Management is doing what
it can to expedite the comple-
tion of Montana Holdings
audited financial statements,
and expects to file its audited
financial statements for fiscal
2007 and fiscal 2008 in the
near future."


{;


RESPONSIBILITIES
The successful candidate will be responsible for properly preparing cheques,
maintaining general ledger with QuickBooks, Bank reconciliation, payment of salary
maintain and reconcile current payable and receivable listings, reconciling credit cards
spreadsheets, resolving accounting queries.

REMUNERATION
We offer in return an excellent remuneration package, inclusive of medical and life
insurance.


Interested persons please forward your resume to:
The Human Resources Manager
P.O. BoxwN-6d23
Fax: (242) 322-6607
Emailh_ i xntVtai ited.om


5.
I'..
'I.


CONTRACTOR


B RIEFII NG II
. I .- .. : ,


It is quite possible that with occupancies and room rates
being relatively low, RIU management has decided to use the
period to carry out much-needed renovations before demand
picks-up again.
The Spanish RIU hotel chain grew from a small family busi-
ness to an expanding international chain.
The company was founded in 1953 with a small hotel in Mal-
lorca, and now has 103 establishments.
RIU Paradise Island has 379 guestrooms. It was acquired by
the Spanish chain in 2005 from the previous owner, a Houston-
based private equity fund called The Wedge Group.

Legal Notice
NOTICE


DABE HOLDING.
In Voluntary Liquidation


Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
2000, DABE HOLDING LTD. is in dissolution as
of October 14, 2008.

International Liquidator Services Inc. situated at 35A
Regent Street, P.O. Box 1777, Belize City, Belize is the
Liquidator.


LIQUIDATOR




Legal Notice
NOTICE


NEW ALASKA LTD.
In Voluntary Liquidation


Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
2000, NEW ALASKA LTD. is in dissolution as of
October 14, 2008.

International Liquidator Services Inc. situated at 35A
Regent Street, P.O. Box 1777, Belize City, Belize is the
Liquidator.


Nassau Airport
Development Company


The Nassau Airport Development Company (NAD) is about to embark on a transformation of the
Lynden Pindling International Airport in Nassau, The Bahamas.

The design will evoke the spectacular beauty ofThe Bahamas and the mission of NAD isto operate
the airport to be safe, friendly, clean, efficient and profitable with a local sense of place.


NAD invites interested Contractors and Suppliers to attend a Contractors Briefing to review,:,,'.,
impending expansion plans. The airport will be expanded in 3 stages over the next 5 years and, ,
will generally include:


Stage 1
* New US Terminal & Pier 247,000 sq. ft.;
* Approximately 1,000,000 sq ft of new Asphalt Apron;
* New parking facilities and roadways;


Stage 2
* Selective Demolition & Construction of New International Arrivals Terminal and International
Departures Pier 226,000 sq. ft;
* Approximately 200,000 sq.ft of Asphalt Apron Rehabilitation;
* Removal and rebuilding of existing parking facilities;


, I


Stage 3
New Domestic / International Departures Terminal and Domestic Arrivals 112,000 sq. ft;
Approximately 30,000 sq. ft of Asphalt Apron Rehabilitation; and
Minor landside improvements

Other components of the project include:
Demolition
Landscaping
Apron Drive Bridges
Elevators and Escalators
Baggage and Building Systems


A preseitotIn bhdatii 1 pM t :IM <,W
-, Netssantaoggy'tuI (pa Ifa u iisan Mi.
S*sttjco, afety/security and etroWnt fit nee


We look forward to seeing you there.


LIQUIDATOR


A leading retailer is seeking applications for the position of
BOOKKEEPER/ASSISTANT AcCOUNTANT

REQUIREMENTS
Applicants should possess the following:
* Experience in the field of Accounting or Bookkeeping
* An energetic personality
* Strong Interpersonal Skills
* Good Organizational Skills
* Computer Literacy (Microsoft Office Suite)
* Willingness to work flexible hours and weekends
* Experience in Payroll preparation, would be an asset


NOTICE OFRECEIVERSHIP,

NEW HOPE HOLDING COMPANY LIMITED



NOTICE is hereby given that NEW HOLDING
COMPANY LIMITED, a company incorporated
under The Companies Act, has on the 2nd day of
October, 2008 been placed into receivership by the
Supreme Court upon the Ex-Parte Summons filed oni
30th September, 2008 and be advised that PHILIP,
GALANIS of HLB Galanis Bain has been appointed
the Receiver and Manager of the property and assets
the company.


Uncertainty over hotel's


short-term 'closure'

FROM page 1B


I


BUSINESS


0


: ;': .









PAGE 6B. FRIDAY, OCTOBER 17, 2008


THE TRIBUNE


BISX viewing global stock market crash 'as opportunity'


he added, "was designed to be
independent of jurisdictions"
such as the US, which was expe-
riencing the brunt of the global
stock market fallout.
"We are positioning ourselves
to capitalise and move forward
aggressively once there is a set-
tling of the markets," Mr Davies
said. "Right now, there's a con-
fidence issue in the US, and


Legal Notice


NOTICE


MT. HOLLY PLANES LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 26th day
of September 2008. The Liquidator is Argosa Corp.
Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


HOPE FOUNTAIN LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
14th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.





ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


EXPRESS EQUITY CORPORATION
(In Voluntary Liquidation)


Notice is hereby given that the above-named,
Company is in dissolution, which commenced on the
10th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.
(Liquidator)


that's a time issue. It's not going
to be solved by money.
"Until that turnaround is
seen, I'm not in the business of
putting estimates on the time-
line, because right now that's a
bet.
"Once things settle down, we
will target'the institutions and
make headway. We've made
good progress so far. We will


be very prudent and very deter-
mined in our approach, and
move forward in a very tem-
pered and measured way."
The BISX GLOBAL joint
venture is designed as a busi-
ness origination unit, which will
seek to marry leading invest-
ment houses with cutting-edge
products.
The Bahamian exchange's


Legal Notice


NOTICE


ACES HIGH CORP.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


NIEDERBIPP S.A.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
14th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


GOLDEN ECLIPSE LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.
(Liquidator)


partner in the venture was set to
be a consortium of'investment
banks and asset managers,
although those plans may have
been disrupted somewhat by
the stock market upheaval.
When announced, the joint
venture was to combine product
development and investment
specialists around the world to
use the Bahamas, and employ
BISX as the business/transac-
tion platform.
Mr Davies had been working
on the initiative with David
Philipp, a Bahamian permanent
resident and global financial ser-
vices and investment specialist
of 15 years standing, on devel-
oping BISX GLOBAL.
Mr Philipp said global trends
had spurred the joint venture's
creation, chiefly the demands
for greater regulation and trans-
parency, which were leading


investors to push for products to
be listed on a well-regulated
exchange.
Meanwhile, Mr Davies said
he and BISX executives were
"laying the groundwork for a
number of other initiatives com-
ing on stream before the end of
the year", including plans for
the listing and trading of gov-
ernment debt securities on the
exchange.
"Part of the strategy is deal-
ing with the issue of listing and
trading government debt," Mr
Davies said.
"I'm laying the groundwork
to enable us to address the trad-
ing and listing of government
debt, and that is one of the
things we hope to announce and
talk about before the end of the
year."


Legal Notice


NOTICE


MEIKLE HOLDINGS INC.
(In Voluntary Liquidation)


Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.,
(Liquidator)




Legal Notice


NOTICE


CALLEREALCO INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


ADNIL MANAGEMENT LTD.
(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
10th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.






ARGOSA CORP. INC.
(Liquidator)




Legal Notice


NOTICE


BLUE OCEAN SPRINGS LTD.
(In Voluntary Liquidation)


Notice is hereby given .that the above-named
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.





ARGOSA CORP. INC.
(Liquidator)


FROM page 1B

"We see some of the move-
ment and things happening in
these jurisdictions that reinforce
our thinking. We want to push
that thinking to the next level
aind the BISX GLOBAL mod-
el. which we believe is the right
wav to go."
The BISX GLOBAL model,


FG CAPITAL MARKETS


C F A L'" C: C>.) L N I A L
BI--- Li151ED A TRAID)IO SICURITIIB AB OF6 .-,--." .-.'... "....- *.. -
THURSDAY, 16 OCTOBER 2008 ... '
BISX. ALL SHARE INDEX. CLOSE 1.812.23 I CHG -7 86 | %CHO -0.42 I| 1VT -204.2 1 Yf1'IT..l(ftA .
FINDEX. CLOSE 872.48 I YTD -8.36% I 2007 28.,29% . .,
VVVVW BISABAHAMPAS COM or 242-394-2503 FOR MORE DATA & INFORMA'TfI' .'.' .
52wk-Hi ..... ... co. 1 P...i:.. ClI..sn T...do s C.i..se Change Da0l, Vao EPS S D S PIE Yield
1.95 11.o0 e bat. 0.1,'.ets 1 -1 1 0C,7O 0071 0000 24 1 000"%
11 80 11 60 Bahamas Property Fund 11.80 11.80 0.00 1.061 0.200 11.1 1.69%
9 68 7.64 Bank of Bahamas 7.64 7.64 0.00 0.643 0.160 11.9 2.09%
0 99 0.85 Benchmark 0.89 0.89 0.00 -0.877 0.020 N/M 2.25%
3 74 3.49 Bahamas Waste 3.49 3.49 0.00 0.152 0.000 23.0 2.58%
2 70 1.95 Fidelity Bank 2.37 2.37 0.00 0.055 0.040 43.1 1.69%
14.15 11.00 Cable Bahamas 14.14 14.14 0.00 1.224 0.240 11.6 1.70%
3 15 285 Collna Holdings 2.85 2.8 0.00 0.118 0.040 24.2 1.40%
S50 4.80 Commonwealth Bank (S1) 7.37 7.21 -0.16 12.780 0.449 0.300 18.1 4.18%
6 88 1.99 Consolidated Water BORs 2.20 2.61 0.41 0.122 0.052 21.4 1.99%
300 2 25 Doctor's Hospital 2.77 2.77 0.00 0.2586 0.040 10.8 1.44%
8 10 6.02 Famguard 8.06 8.06 0.00 0.535 0.280 15.1 3.47%
13 01, 12.00 Finco 12.00 12.00 0.00 0.668 0.570 18.0 4.75%
14 66 11.54 FirstCaribbean Bank 11.60 11.60 0.00 0.682 0.450 17.0 3.88%
6.09 5.05 Focol (S) 5.20 5.20 0.00 6,000 0.385 0.140 13.5 2.89%
1 00 1.00 Focol Class B Preference 1.00 1.00 0.00 0.000 0.000 N/M 0.00%
1 00 0.40 Freeport Concrete 0.40 0.40 0.00 0.035 0.000 11.4 0.00%
8 20 5.50 ICD Utilities 8.20 8.20 0.00 249 0.407 0.300 20.1 3.86%
12 50 8.60 J. S. Johnson 11.00 11.00 0.00 0.952 0.820 11.8 5.64%
10 0 10.00 Pr neier Real Estate 10 0 10100 0.00 0.180 0.000 55.8 0.00%
BISK LISTED DEBT SECURITIES (Bonds Itrade on a Per eIage Pricing a ) .
52wk-Hi 52wk-Low Security Symbol Last Sale Change Daily Vol. Interest Maturity Y
1000 00 1000.00 Fidelity Bank Note 17 (Series A) + FBB17 0.00 7% 19 October 2017
100000 1000.00 Fidelity Bank Note 22 (Series B) + FBB22 0.00 Prime + 1.75% 19 October 2022
100000 1000.00 Fidelity Bank Note 13 (Series C) t FBB13 100.00 0.00 7% 30 May 2013
10uO00 1000.00 Fide I. 6",' .ie 1_ ..-'J is D FB1 10000 000 Prime 1 75. 29 May 2015
Fidellly Over-Trih-Counter BecurltIe .
s2wk-Hi 52wk-Low : .1 63 6,t 4..- ast-a1P.'.e t.'vee. '.. EPS DI i P.E eold
14 60 14.25 Bah .r,. ,upu..,-r-..a-t.ot. 1t, *.- 15 .5.. 1. 60 .0 041 0 300 N-P. 205'O
8 00 6.00 Caribboan Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 N/M 7.80%
O 54 0.20 RND Holdings 0 35 0 40 0.35 0.001 0.000 256.6 0.00%
Colirla Over. rh Counter Sourliles
41 00 29.00 ABDAB 4.3.86 21. uO 4 540 000 g 9 0 0 00%0
14 00 14.00 Bahamas Supermarkets 13.80 14.80 14.00 -0.041 0.300 N/M 2.17%
.. I .:, 5.- 0 55 0 023 0 u00 NN 0 O. 00%
BISX Listed Mutual Fur.ds
S .. .i.: ..r j r n-. 1 TD Last 12' .1..nirs D Yi "*.NAV Dale
SI r B ,,-, ..l 1.3 1 3 -19 .1 95 30..ep.0
3.0250 2.8869 Colina MSI Preferred Fund 3.0250 0.81 4.78 31-Aug-08
1.4119 1 3544 Cotlna Money Markot Fund 1.4137 2.81 4.21 19-Sep-08
3.7969 3.5388 Fidelity Bahamas G & I Fund 3.6090 -4.95 3.62 30-Sep-08
12 4456 11 8192 Fidelity Prime Income Fund 12.4456 4.29 5.78 30-Sep-OB
100 0000 100.0000 .CFAL Global Bond Fund 100.0000 31-Dec-07
100.9600 99.9566 CFAL Global Equity Fund 100.9600 1.01 1.01 30-Jun-08
1.0000 1 0000 CFAL High Grade Bond Fund 1.0000 31-Dec-07
10.5000 9.1958 Fidelity Inlornaotonnl Invostment Furd 9.1958 -12.42 -12.42 30-Sep-08
1 0184 1 0000 FG Financil Proforrod Incoome Fund 1 0184 1.84 1.84 29-AUg-08
1 0119 1.0000 FG Financial Growth Fund 1.0112 1.12 1.12 29-Aug-08
1.0172 1.0000 FG Financial Divorsified Fund 1.0172 1.72 1 '2 29.AuQ.08
M,IARKET TERMS '.
i ,j AI I ',iAFIL INI: X I- ..I 0 ,,.2 1.000 00 .. .. 1- -

.l I 0 Idy IO (ly EP 5 A Com tpany reported earn0 ngl per .here for the latt 12 mth
Ii ,tlfr, ....t .Adt1d tolty NAV l Not Adfet Value.
I -, t 2 i l N/M No Me1aningful
ii r l...1.. i,, i, JlVl .1y ihri 1 12 .ii.,nn.ti irirnlt..- FINDEX The Fidelity Bahamas Stock Index, Janu y 1, 10994 100
ill fr:tL OLN 242. -70 FIDELITY 2.358774 I FCPIT MRET 42- -4000
I._-. rrADE CALL COLINA 242.502-7010 | FIDELITY" 242.356-77e. | FO CAPITAL MARKETS g4g-4BI-4000 | qOLO*>|l ii bgP!7 ..


I II


Ii


BUSINESS







FRIDAY, OCTOBER 17, 2008, PAGE 7B


BFSB names finalists for its Student Award


The Bahamas Financial Working Group and the
Services Board (BFSB) Central Bank of the.
has announced the names Bahamas.
of the five finalists for the The focus is on disci-
annual Financial Services plines such as economics,
Student of the Year award, banking and finance, law,
selected from the 2008 accountancy and computer
Graduating Class of the information systems.
College of the Bahamas. The BFSB's ongoing
Financial Centre Focus
They are: (FCF) programme seeks
Kershala Takida Albury to integrate the industry
- BBA Accounting with the wider communi-
Ryan V.A. Albury AA ty, and its various initia-
Law & Criminal Justice tives address issues such as
Domonique Gilbert the challenges impacting
BBA Accounting the sustained growth and
Sanchina Kemp BBA development of the indus-
Accounting try.
Garnel Leo BBA BFSB's chief executive
Computer Information and executive director,
Systems Wendy Warren, said an
The -student award is integral part of the FCF's
sponsored in collaboration overall objective, wasto,
with the College of the 'attract and maintain qual-
Bahamas, the Professioril"'ifie: prfessibnald' in the
Industry Association Bahamian financial ser-


The
Redgrave
Institute
For Therap\ and Art


vices industry. "In this
regard", she says, "partic-
ular attention is placed on
highlighting the impor-
tance of quality human
resources to the industry,
with initiatives such as the
Student Award."
The 2008 FSI Student of,
the Year will be
announced at BFSB's FSI
Excellence Awards Ban-
quet on October 25, it also
will announce the Execu-
tive of the Year, Profes-
sional of the Year, Achiev-
er of the Year as well as
the Financial Services
Development and Promo-
tion Award. This year, too,
BFSB ill'recognise a
Recipiefit for the Lifetime
Achievement Award.


Dewgard Plaza
Madeira St Palmdale
or
Olde Towne Sandyport


Tel: (242) -327-8718/9
Email: renascence@coralwave.com.




Jill Redgrave BA (Hons), MRCSLT

Speech and Language Therapist



Specializing in:



Speech and Language Therapy Pre-School and

School- Aged Language Delays and Disorders,





Mark Redgrave Msc. BA (Hons)

Psychotherapist / Art Therapist




Specializing in



* Interpersonal Problems, Depression, Anxiety, Sexual Abuse,

Couple Counseling and Group Therapy, Child and

Adolescents.


. ih


PUBLIC AUCTION

By Order of
The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of The Bahamas..


I. G. STUBBS WILL SELL


WHAT:


Eleven (11) assorted used vssels as set out in the
schedule below:


MA K/MODEL.


NAME


1990 34' Offshore Vessel
1977 53' Defender
1992 45' Defender Vessel
1989 48' North Carolina
1979 52' Hatteras Fibre Glass Vessel
1980- 47'Garcia
1981 51' Defender Vessel
80' Custom Steel Hull Vessel
94' Steel Hull Gulf Coast Shrimp Trawler
1980 with two (2) Volvo Diesel Engine

122' Single Screw Steel Hull (1960)


Der Berry's
Shabak
Liminos
M.V. Buddy
Miss Quality
Equality
Lady Kristy


LOCATION


Potters Cay
Potters Cay
Potters Cay
Coral Harbour .
Arawak Cay
Potters Cay
Owner/Andros
Owner Possession


Sweet Charlotte Owner Possession,
Morgan Bluff
Andros
M.V. Lisa III Bradford Marine
Freeport


LOCATION: Potters Cay Dock Nassau, The Bahamas
TIME: 1 l:00am Saturday, October 25th, 2008 Preview and Inspection from 9:00am Until Auction time at
the site
TERMS: ALL items to be Sold Where Is As Is for Cash, Cashier' Check or current Bank Guarantee Letter.
Purchase will not be released until paid for in full not later than 4:00pm Tuesday, November 4th, 2008. Where
a deposit is required, the same is non refundable. If final payment is not made by 4:00pm Tuesday, November
4, 2008 any and all deposits made will be forfeited.
Any and all Notices or amendments by Auctioneer on said Auction Day whether written or verbal shall supercede
this or any subsequent advertisement.
For further information contact I. G. Stubbs at 322-2028 or Fax: 328-8086 or Email: igstubbs@coralwave.com
or
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com,
I.G. STUBBS
PUBLIC AUCTIONEER LICENSE #0360


"""`Y' ""YYY --^---


THE TRIBUNE


Legal Notice


NOTICE


BARAKI LTD.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
J 5th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)



Legal Notice


NOTICE

MOONRIVER INTERNATIONAL
HOLDINGS INC.
(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
14th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.



ARGOSA CORP. INC.
(Liquidator)


A








THE TRIBUNE,


PAGF RR FRIDAY. OCTOBER 17. 2008


COI PG


STribune Comics


PARKER


5Nower.A,'6;
COML6- -
MeMMY6
L6AVIN5!


APT 3-G


A4V, BACXAT 7H GAZ Y.ERY., ANP I WON'T ALLOW IN THAT CASE, hl. AMAGEE,
LINS. ITHE LIES OF SOME PERHAPS YOU/ CAN PROVIDE
YOU'RE WRONG, DETECTIVE COLLINS. MURDERING AOPICT 7 SOME ANSWERS
ALAN COULDN'T HAVE BEEN PEALING TO SULLY THE NAME
DRUG6.'A OF THIS GALLERY/ i


BLONDIE


MARVIN
-TrHERE.'I'VE AiNISHED '
BUILDING MY WEB SEARCH
ENGINE FOR BABIES/!!

00
0^ /
^^ ^"^ I
(r^ { ^

'!K ^ '_________^ w a ^


60 AHEAD, MARVIN...
ASK "6OO 600" ANY
QUESTION THAT'S
%Oj YOUR MIND
C00


TIGER


HAGAR THE HORRIBLE


Across
1 Warship's boat (7)
5 Audibly (5)
8 Perversely obstinate
(13)
9 Portion (5)
10, Retaliatory measure
(7)
11 Loathe (6)
12 Acquire (6)
15 Conveyance (7)
17 Watchful (5)
19 Stay out of the lime-
light (4,1,4,4)
20 Attempt (5)
21 Unduly protracted (7)


Across
1 He leaves his country to
be protected by another
(7)
5 It comes straight
from the horse's
mouth (5)
8 Fixed rule deciding priority
in a queue? (8,5)
9 The inclusion of two similar
points produces a titter (5)
10 Expert required If skull Is
damaged (7)
11 Wrongly push in? It's cor-
rect (6)
12 Presumably he had a good
reason for being late (6)
15 Drain a pipe (7)
17 Just correct (5)
19 Be a critical MP in a way?
Can't be done (13)
20 Freely traverse the moun-
tains (5)
21 Sign of fever, perhaps, and
rash (7)


Across: 1 Score, 8 Scout Law, 9
Salve, 10 Cash down, 11 Spain, 12
Neb, 16 Collie, 17 Arthur, 18 Eta, 23
Scale, 24 Marchers, 25 Siege, 26
Suppress, 27 Agate.
Down: 2 Champion, 3 Reveille, 4
Scrape, 5 Bushy, 6 Sloop, 7 Swine, 12
Nee, 13 Baa, 14 Stocking, 15
Sunlight, 19 Thrush, 20 Smash, 21
Props, 22 Shore.


Down
1 Transplanted trees (5)
2 It meant no
discharge, for the
old gunner (5,2,3,3)
3 She's worshipped
by a man in the
gallery (7)
4 Resent having to change
one's name (6)
5 No, I am wrong, it's a girl
(5)
6 Be fit and agile, perhaps,
and tireless (13)
7 He takes obstacles in his
stride (7)
11 The first head of govern-
ment (7)
13 Fruit reallocated to Capri
(7)
14 Make an effort to reduce
the rent? (6)
16 Practice gives us time (5)
18 We and Ted designed the
material (5)


Yesterday's Cryptic Solution Yesterday's Easy Solution


Across: 1 Shape, 8 Pedestal, 9
Bleak, 10 Hoodwink, 11 Brush, 12
Yew, 16 Stifle, 17 Heyday, 18 Tay,
23 Plain, 24 Zimbabwe, 25 Ebony,
26 Recently, 27 Askew.
Down: 2 Hilarity, 3 Play safe, 4
Remote, 5 Heads, 6 Staid, 7 Fluke,
12 Yet, 13 Why, 14 Syllabus, 15
Patience, 19 At will, 20 Azure, 21
Smack, 22 Faint.


.~;.4
Ch8ss, ..** :. -. ~
S '5.


From a game in Warsaw, Poland,
198L White pawn is two squares
from promotion to a second
queen, but Black is ready to
, lanch a cd series by Qh3*
which can leave the white king
looking vainly for cover. What
more, Blad can safety agree to an
exchange of qeens since a king
and pawn ending would be a dead
draw.with his king blocking the
pawns advance. Appearances are
deceptive here however. It took
White just two predse turns from
the diagram to demonstrate a
total won position whidi fooed
Black to resign. For a due, the
winning idea involves zugowang,
the German term dhess experts use
for a position where a player on the
move can only ataly weaken his
own situation. Can you spot Whites
winner? Grandmaster chess comes
to London this afternoon when
the Staunton Memorial opens at
Simpsons in the Strand. The event is
a rare chance to watch England's top
pair MichaelAdams and NiglShort
in action. Spectator entry is free and
the games are displayed in the bar.
LEONARDwBAPRDN


Down
1 Reinvigorate (3,2)
2 Of little account
(2,5,6)
3 Eternal (7)
4 To last (6)
5 Make sense (3,2)
6 Exaggeration (13)
7 Detect (7)
11 Ardent
enthusiast (7)
13 Denigrate (7)
14 Bring back to mind
(6)
16 Cautious (5)
18 Shabby (5)


ox, t th c3l1this e BladI'5lCh3+ald Is


Ia I D13-U.m4>ga n t 4Q 5 Wm. an it e
18B tase to 3 ur8*^4( 7* an d S b7.


4


Target
, ," 5


U






B


A


jL



M


I


The
Target
uses
words In
the mIa
body of
Chambers
21st
Century
Dictionary
(1999
edition)


48697








c O E F G H
. ,, - .


HOW many words of four
letters or more can you make
from the letters shown here?
In making a word, each letter
may be used once only. Each
must contain the centre letter
and there must be at least one
nine-letter word. No plurals.
TODAY'S TARGET
Good 10; very good 15;'
excellent 19 (or more).
Solution tomorrow.
SATURDAY'S SOLUTION
acid aide aimed amid amide
cadi dice dicey dime iced
idea IMMEDIACY maid
maim maimed medic mica
midi mime mimed mimic


Contract Bridge

by Steve Becker


Necessity: The Mother of Inventior


West dealer.
Both sides vulnerable.
NORTH
4109872
V7 53
*AJ
+AKQ
WEST EAST
*AKQJ4 46
T9842 T6
*1064 *K98753
43 4109642
SOUTH
+53
VAKQJ 10
*Q2
*J 8 7 5
The bidding:
West North East South
Pass I1 .Pass 2V
Pass 2 NT Pass 4
Opening lead king of spades.
Some contracts that initially
appear very easy to play turn out, for
one reason or another, to be much
tougher than was originally antici-
pated. In such cases, declarer may
have to use a little ingenuity to help
him get home safely.
Consider the present deal from a
rubber-bridge game where South
landed in four hearts instead of an
ice-cold three notrump (lie was try-
ing to score his 150 honors). West
started with the K-A of spades. East
signaling with the nine of diamonds


on the second spade. West then co
tinued with the queen of spade
ruffed by South with the ten.
At this point, the contract seems
very easy to make. But when Sou
next cashed the A-K of trumps as
East showed out, the previous
promising picture changed drast
cally. Declarer realized that if he co
tinued with the Q-J of trumps, di
carding a spade from dummy, I
would then have no way to score tl
game-going trick with the jack
clubs.
The alternative a success
diamond finesse seemed high
unlikely under the circumstance
given that West had started with t
A-K-Q-J-x of spades and had pass
initially.
But our hero, South, was not bo
yesterday, and found a way out ofl
difficulties. Faced with the hard re
ity of the situation, declare did pl
the Q-J of trumps, but, on the I
trump, he discarded the ace of d
mnonds from dummy!
The rest of the play was sinm
enough. South next cashed dummf
A-K-Q of clubs and then exited -
the jack of diamonds. East won w
the king, but had to yield the last t\
tricks to South's queen of diamor
and jack of clubs.
And so it was that South, by V
good play, made four hearts a
scored his 150 honors.


Tomorrow: Unusual defensive play.
e20U08 King 'Features Syndicate Inc.


CRYPTIC PUZZLE


T
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I
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T
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0


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0
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~~~- ------ -


Notice of Sitting for New Providence Port Authority
'fo consider Application For Licence Under The Boat Registration
Act Chapter (277) & Commercial Recreational Watercraft Act 2006

Notice is hereby given that a meeting of the New Providence Port Authority Boar
New Providence and the Family Islands-will be held at the Port Administration Buil
Prince George Wharf on Thursday the 30th October, 2008 at 3;00pm for the purpo
granting Licences under The Boat Registration Act Chapter (277) & Comnun
Recreational Watercraft Act 2006.

Any Person entitled to and wishing to object to any application should do so at lea:
(6) days before the date of the hearing by submitting his/her objections in writing t
Board and to the applicant.

Persons attending the meeting on behalf of an applicant must produce w
authorization at the meeting.

Applicants for renewals are not required to, attend, unless they have received wv
notification from the New Providence Port Authority Board.

The under mentioned persons have applied for grant of licences as specified below


L



(b
0
ri
C































































'I






































d
aI
0
*j


LICENCE NO.

NB/ 110/08



NB/l11/08



NB/112/08 .



NB/113/08


NB/114/08



NB/115/08



NB/I 16/08



NB/117/08


NB/118/08


NB/119/08


NAME

Bethel Robert B.
P.O. Box CR-55350
Nassau, Bahamas


Cox Romano W,
P.O. Box SS-6863
Nassau, Bahamas

Dames Frederick
Nassau, Bahamas


Deveaux Reno J.
P.O. Box SB-51528
Nassau, Bahamas

Felton Robert L.
Nassau, Bahamas


Gibson Paul
General Delivery.
Nassau, Bahamas

Hanna Roberto A.
P.O.-Box N-9603
Nassau, Bahamas

Sherman Godfrey E.
P.O. Box N-3330
Nassau, Bahamas

Stubbs Sean R.
P.O, Box 6863
Nassau, Bahamas

Saunders Keenan E.
Nassau, Bahamas'


CLASS

D


NEW MASTER'S LICENCE -NEW PROVIDENCE


LICENCE NO


NAME


CLASS


Brooks Collins
P.O. Box 13137
Nassau, Bahamas

Peters Warren C.,
P.O. Box CR-55425
Nassau, Bahamas


NEW MASTER'S LICENCE -FAMILY ISLAND


LICENCE NO


NB/05/08


NB/06/08


NAME

Brown Tracy R.
Wemys Bight, Eleuthera

Thompson Clement B.
Wemys Bight, Eleuthera


CLASS

A


A


NEW BOAT LICENCE-NEW PROVIDENCE


APPLICANT


BOAT
NAME


CLASS PAS


Bahamas Tugboat "Lady Hollie" A
Company 110 ft
P.O. Box N-3709 Steel Hull
Nassau, Bahamas


Kemp Clint
P.O.Box CB-13290
Nassau, Bahamas


"Lucky Dog" B
18ft
Fibreglass


USE


Tug Boa



Charter


N11/06/08,

d for
ding,
)sc of
ercial


st six. RE(; NO-
o the

NP: 139A1'E
written


written NP: 163ATE



NP:621ATW



NP:621 ATW



NP: 644 ATW



NP: 6-16. V W












LICENCE
NO.


NB/01/08









REG N


NP: 678


NP: 678:


NP: 678-



NP: (1




NP: 6765



NP: 0764



NP: 6816



NP: 2843




NP: 930



NP: 6825
t


NP: 0824


2


Kurc I.imiltd
P.O. Box N-1019
NaS.au, IB;allalls


APPLICATION


Big Crab Limited
P.O. Box CR-55415
Nassau, Bahamnas

Big Scoop Limited
P.O. Box CR-55415
Nassau, Bahamas

Big Conch Limited
P.O. Box CR-55415
Nassau, Bahamunas


Bahamian Inter Isla
shipping Co ,Ltd
P.O. Box N-323
Nassau, Bahaias


Betty K. Agencies
Limited
P.O. Box N-351
Nassau, Bahaunas

Betty K. Agencies
Limited
P.O. Box N-351
Nassau, Baihamnas

Coast Shiplince Limit
P.O. Box SP-64004
Nassau, Bahamas


Flying Cloud Ltd
P.O. Box SS-19052
Nassau, Bahamas


Kerr Marvin
P.O. lBox SBl-50(,166
Nassau, Balhainas


little 'Exuina
Eniiterprises litd
P.O. Box CR-55415
Nassau, Ilahalinas

Little lixiuna
Enterprises LLtd
P.O. Box CR-55415
Nassau, Bahainas


6 Charter


"Murlhill
401t -
Fibireglass


TIRANSNI'R OF(), JlET ,:ET SKI-NEW l

I'PREVIOUS I
OWNER

Adderley Tlelelord
P.O. Box SS-5183
Nassau, 13;Adilans

Mcphee Keith
Nassau, Bahaimas


Splash Watersports
P.O. Box N-7225
Nassau, Bahamas

Splash Watersports
P.O. Box N-7225
N4ssau, Bailamas

T.V. Watersp, 's
P.O. Box N-10719
Nassau, Bahamas

T.V Watersports
P.O. Box N-10719
Nassau, Bahamas


NEW OWNER


Blain Simeon
P.O. iBox 1:1;-15115-
Nassau, IiDhain ias

Campbell Al
P.O. Box F11-14672
Nassau, Bahamas'

Reno Watersports
P.O. Box SB-51528
Nassau, Bahamas

Ren, Watersports i
P.O. Box SB-51528
Nassau, Bahamas

Be'hel Demiyeon
P.O. Box CR-350 U
Nassau, Bahamas

Bethel Demyeon D
1P.O. Box CR-350
Nassau, Bahamas


CLASS PASS USe


I) 2 Rental


D 2 Rental


D .2


Rental


) 2 Rental


) 2


Rental


' 2 Rental


TRANSFER OF OPERATION-NEW PROVIDENCE


Previous
Area of
OperAtion


New Area of
Operation


Compass Nirvana
point Beach


APPLICA


.NT CLA
** *' \


Sea Thru Adventures
P.O. Box CB-l11325
Nassau, Bahamas


R USE


, Rental


BOAT CLASS eASS
NAME. .


"Big Crab'"' /
5 79ft
Steel Hull

"Big Scoop" 'A
5 180 ft
Steel Hull

"Big A
5 Conuci"
261 fl
Steel Hull

nid "M/V Last A
Wind"
176 11
Steel Hlull


"MI/V Betty A
K V"
204 ft
Steel Hull

"M/V Betty A
K V1I"
206 11
Steel I lull

led "M/V VI- A
Nais"
19011
Steel I lull

"Flying 13
Cloud"
5711
Cutamaran

"('oitobrt 13
I1"


Stapleton

'"Marlin"
200ti
Steel II ull


"Vega Big
Dolphin"
10511
Steel I lull


USE


A\ 6 Tug Boat


S 6 .Barge


A 6 Barge



80 Freight


0 Freight


S b


Freight


0 Freight


, 55 Charter




70 Ferry Boat




0 Barge



6 Tug Boat


A



A


i'l a Li._ w.ULLk ll i .. L-e.,L.i


Ministry Of The Environrme



Port Department


I.


COMMERCIAL RECREATIONAL WA:l CRAFTT
NEW OPERATORS LICENCE- NEW PR EVIDENCEE


RENEWAL OF BOAT LICFNCE-NEW PROVIDENCE


NB/21/08


NB/22/08


REG NO


NB/04/08



NB/05/08


.I


| tI I- Ir V I-4r-- w v .. ---. .


( N-7#P5





GOVERNMENT NOTICE


i


w


O


5


4



b


5


nt























































K/






- *. *.'. *. 'Am;,,.', ..


PAGE 10B, FRIDAY, OCTOBER 17, 2008


NP: 6381



NP:448




NP: 6632




NP: 6620




NP: 739




NP: 364




NP:6260


NP: 6622 South Eastern Freight
Services
P.O. Box N-10094
Nassau, Bahamas


Taylor Limas & Elvin
P.O. Box SS-6411
Nassau, Bahamas


Wells Paul
P.O. Box EE-16193
Nassau, Bahamas


Maycock Etienne
P.O. Box N-10183
Nassau, Bahamas

Michelle Towing
Services
P.O. Box N-3709
Nassau, Bahamas

Michelle Towing
Services
P.O. Box N-3709
Nassau, Bahamas

Michelle Towing
Services ,
P.O. Box N-3709
Nassau, Bahamas

Nassau Harbour Pilot
Association
P.O. Box N-3709
Nassau, Bahamas

Nassau Harbour Pilots
Association
P.O. Box N-3709
Nassau, Bahamas

Ro Ro Company
Limited
P.O. Box SB-64004
Nassau, Bahamas


"Sea Spirit

174ft
Steel Hull

"KCT"
150ft
Steel Hull


"M/V Fiesta.
Mail"
225ft
Steel Hull

"Ninja"
20ft
Fibreglass


"Captain C"
120ft
Steel Hull

"Rosa I"
65ft
Steel Hull


"Tug Tiki"
58ft
Steel Hull.


"Deep See"
53ft
Steel Hull


"Sea Wolf"
43ft
Steel Hull


"Pilot III"
53ft
Steel Hull


A -


i

* Freight

a


A 0 1Freight




A 500 Passengerl
Crgo

B 9 C 4 er

B 9 Charter
'* '


RENEWAL OF COMMERCIAL RECREATIONAL WATER CLAAt


Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas


NP: BB1 P.1 Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas


NP: B.1 P.I Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas


Nottage Gerran
P,O. Box SS-6863
Nassau, Bahamas


NP: 26 CRW Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas


Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas


NP: 24 CRW Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas


Sea Thru Adventures
P.O Box CB-12192
Nassau, Bahamas


Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas


Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas


Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures


P.O. Box CB-12192
Nassau, Bahamas

NP: 18 CRW Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas


NAME

"Parasail"
28ft
Fibreglass

"Banana
Boat"
17ft
Fibreglass

"Banana"
12ft
Tube


"Parasail 2"
28ft
Fibreglass

"Abaco"
12ft
Kayak

"Bimini"
12ft
Kayak

"New
Providence"
8ft
Kayak

"Long
Island"
8ft
Kayak

'San
Salvador"
8ft
Kayak

"Crooked
Island"
8ft
Kayak

"Acklins"
8ft
Kayak

"Maguana"


CLIA raMS wS


B I



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I'.O. 1Box .I1.50310.
NaIs.au, lluhiaSnis,


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Nassau, liahama$s

Mortimer KelvinsJ.
Nassau, lhlulmaiin.s '

S McQucln Iluasting
P. O. t'ox N-Si61
Bassau, iahamas

'Notlage Gerran C.
P.O. Box SS-6863
"Na~au, ul.ahalnus

StorrJilush F.
P:O. Box F11-14334
Nassdu, Bahamas


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Nassau, Bahamas


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P.O. Box N-9O03
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P.O. Box N-9603
'Nassau, Bahanwas'

Cautwright Jerome
Nassau, Bahamas


NP:. 33 ATW Campbill Al ..
SP.O Box FH. 14672
* Nas ,au, iBahamas
0


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P.O. Box FH-14672
Nassau, Bahamas


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*P.O.. Bx FH-.4672
Nassau, Ba.ahalas.


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P.O. Box CtM.,360(
Nassau, Bahamas

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..P.O. Box CB-1360(
Nassau, Bahamas

D-Sqaart Enterprist
P... Hex CBt4360(
MNssau, Bahamas


D-Square Enterpoisc
P.O. Spx CB.-13600
Nassau, Bahamas

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P.O. Box CB- 13600
Nassaau, Bahamnas.

.r:Square Euiterprise:
P.O. Box CB-i 3600
Nassau, Bahamas

D-Square Enterprise!
* P.O. Box Cb- 13600
Nassau, Bahamas



GOlinton Patrick
P.O. Box.SB5o0310
Nassai, Bahamas

Glinton Patrick.
P.O. Box S-.50340
Nassau, Bahamas

Glinton Patrick
P.O. Box SB-50310
Nassa., Bathmas

GOinton.Patrick
P.O. Box SB.50310
Nassau, Bahaimas


* NNP: 747 KR'B Hanna.Lionwl
P.O. Box B- 11629
.. ;. Nassau, Bahanmas ,


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.41










THaTRIBUNE BUSINESS


FRIDAY, OCTOBER 17, 2008, PAGE 11B


U


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Muriroe Jervin
P.O. Box N-861
Nassau, Nassau,





Nottage Gerran .
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nonage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas







Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Stuart Jeramie.
'P.O. Box SB-51945
Nassau, Bahamas

Storr Rufus F.
P.O. Box FH-14334
Nassau, Bahamas


NP:136 ATE Storr Rufus F.
O.C P.O. Box FH-14334
Nassau, Bahamas


NP: 106 AT
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NP: 622 AT


FE Storr Rufus F.
P.O. Box FH-14334
Nassau, Bahamas

-'W Sears Alexys
Nassau, Bahamas


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9ft
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9ft
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"No Name"
9ft
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"No Name"
9ft
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NP: 748 RCB Hanna Lionel
P.O. Boa CB-1162
Nassau, Baharras

NP: 749 RCB Harmna Lionel
P.O. Box CB-1162
Nassau, Bahamnas




NP: 750 RCB Hanna Lionel
P.O. Box CB-1162
Nassau, Bahamas

NP: 823 BSC Hanna Lionel
P.O. Box CB-11625
Nassau, Bahamas

NP: 824 BSC Hanna Lionel
P.O. Box CB-1 1629
Nassau, Bahamas


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29 9ft
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29 9ft
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9 9ft
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9 9ft
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RENEWAL OF MASTER'S LICENCE -FAMILY ISLAND


LICENCE NO

6174



7859


NAME

Gray Tony R.
P.O. Box SS-6464
Staniel Cay, Exuma

Pratt George E.
Conch Sound, Andros


CLASS

A


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6654



6844



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6242



8150



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Kerr Marvin
P.O. Box SB-50466
Nassau, Bahamas

Mckenzie Brian D.
P.O. Box SS-6863
Nassau. Bahamas

Maycock Etienne
P.O. Box N-10183
Nassa .3ahamas

Maycook Derick
vt.O. Box N-8574
Nossau, Bahamas


NAMNI


Black Vcrnald Ii.
P.). Box N-8593
Nassau, lBahamas

Charlton Vureano
P.O. Box SB- 51528
Nassau, Bahamas

Davis l/ra
Nassau, Bauhamas

1):-':s Nigel S.
p'.(. .ox N-9707
Nassau, Bahamas

I)cveaux Reno J.
P.O. SB-51528
Nassau, Bahamas

lllis A. jine J.
P.O. Bo 813-50961
Nassau 'ahamas

Ferguson Kevin R.
P.O. Box SS-6863
Nassau Bahamas

Griffith Bradley
P.O. Bt.. SB-50111
Nassau, Bahamas

Harts Louis A.
P.O. Box N-9707
Nassau, Bahamas

Ingraham Kendal,
P.0 Box N-10508
Nassau, Bahamas

Jupp Ryan
P.O. Box SS-6863
Nassau, Bahamas


" "cKehzie WeOdeil R.
P.O. Box -1780"'-
Nassau, Bahamas

Miller Craig
P.O. Box SS-19052
Nassau, Bahamas


Nottage Gerran C.
P.O. Box SS-6863
Nas.,au, Bahamas

Rolle Kenneth
'.O. Box CR-55415
Nassau, Bahamas

Smith Edward P.
P.O. F CB-11513
Nassa 3ahamas

Smith Bayard
P.O. B N-10249
Nassau, Bahamas


W\Vlls Paul B
P.O. Box EE-16193
Nassau,' Baliur is

Wells :,evin A. A
P.O. Box EE-17875
Nassau, Bahamnas

Wells Clifton A
P.O. Box N-444
Nassau, Bahamas



S Collimac P. Ferguson (Miss)
' I (for) Port Controller


LEGALSN ES




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7989



6890



6192


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-









Senior Desk Head

International Markets & Caribbean


UBS (Bahamas) Ltd. is one of the world's leading financial institutions in the
Caribbean. Through our Business Area Wealth Management International we look
after wealthy private clients by providing them with comprehensive, value enhancing
services. We combine strong personal relationships with the resources that are
available from across UBS to provide the full range of wealth management services.
Take your chance to work in a dynamic environment!

In this challenging position you will be responsible for:
* Business partner to the CEO
* Desk Head International Markets & Caribbean advising existing clients and
acquisition of new client relationships
* With the overall responsibly of our Wealth Management business, you will be
coordinating a team of experienced Senior Desk Heads and Client Advisors
We are searching for an individual with the following qualifications:
* Proven leader with successful management experience with large teams in complex
situations Minimum of 10 years of experience in the Wealth Management /
Private Banking sector
* Proven management track record in the Wealth Management industry with
successful experience with managing growth of teams and/or locations
* Excellent communication and presentation skills
* You benchmark your performance and professional behaviour with the best in the
field
* Passionate about success and achievement
* Tireless in'the attainment of key.targets, key objectives and key talent
* Efficiency-driven and results-oriented self starter 1. ;,.
* Leverages and embraces the challenges of a matrix organization
* Continues to motivate others in very challenging and difficult circumstances
* Ability to proactively lead and make effective decisions under pressure
* In depth knowledge of compliance and risk issues
* Fluency in English required, French fluency preferred, Spanish or German a plus

UBS can offer you an environment geared towards performance, attractive career
opportunities, and an open corporate culture that values and rewards the contribution
of every individual. Together we will shape and strengthen the UBS brand.
Interested? We're looking forward to receiving your complete-application under
hrbahamas@ubs.com or via mail to UBS (Bahamas) Ltd.,
Human Resources,
P.O. Box N-7757,
Nassau, Bahamas
It starts with you.


Yo &U


* UBS


BFSB elects new



Board of Directors


The Bahamas Financial Ser-
vices Board (BFSB) held its
Annual General Meeting (AGM)
on September 24, 2008, at which
time members elected a new
Board of Directors for 2008-2010.
Officers will be appointed from
the current slate of directors at
an early meeting of the new
Board.
Elected were: Shamsher
Bahadur (State Bank of India):
Mark Barratt (Credit Suisse); Dr
Earl Cash (Higgs & Johnson);
Francesco Ceruti (BSI Trust Cor-
poration (Bahamas) ); Alan
Davidson (Winterbotham Trust
Company); Elizabeth Dorsch
(RBC Trust Company (Bahamas)
); Anthony Ferguson (CFAL);
Craig Tony Gomez (Baker Tilly
Gomez); Miguel Gonzalez (SYZ-
CO Bank & Trust); Dennis Gov-
an (FirstCaribbean Internation-
al Bank (Bahamas)); Julien Mar-
tel (Butterfield Private Bank);
Michelle Neville-Clarke (Lennox
Paton); Andrew, Raenden (EFG
Bank & Trust (Bahamas) );
Andreas Rentschler (UBS
Trustees (Bahamas) ); Toby
Smith (GEM Global Equities
Management); Charlene Storr
(The Private Trust Corporation);
Michele Thompson (Ernst &
Young); Renaud Vielfaure (SG
Hambros Bank & Trust); William
Whitaker (Dartley Bank &
Trust); and Judith Whitehead
(Graham, Thompson & Compa-
ny).
Wendy Warren, BFSB's chief
executive and executive director,
said the organisation was com-
mitted to drawing on all interest-


PICTURED standing, left to right (Front Row): William Whitaker, Charlene
Storr, Dr Earl Cash, Toby Smith, Ivylyn Cassar, Wendy Warren, Craig Tony
Gomez, Judith Whitehead and Danny Ferguson. Standing, L to R (Bacl
Row): Miguel Gonzalez, Dianne Bingham, David Ramire,; SamsheI
Bahadur, Francesco Ceruti, Mark Barratt, Renaud Vielfaure, Elizabeth
Dorsch and Andreas Rentschler. Not pictured are Alan Davidson, Anthol
ny Ferguson, Dennis Govan, Julien Martel, Michelle Neville-Clarke, Andrew
Raenden and Michele Thompson.
ed parties in the development of Bahamas Bar Associatior
strategies and long-term plans for (BBA); Timothy Ingrahamr
the financial services industry. Bahamas General Insurance
The following Industry Asso- Association (BGIA); Daniel Fer-
ciation representatives also were guson, Bahamas Institute of
elected to serve for the incoming Chartered Accountants (BICAk
2008-2010 term as BFSB Direc- Suzanne Black, Bahamas Real
tors: Jan Mezulanik, Association Estate Association (BREA)t
of International Banks & Trust David Ramirez, CFA Society of
Companies (AIBT); Cherise Cox- the Bahamas (CFASB); and
Nottage, Bahamas Association of Dianne Bingham, Society of Trust
Compliance Officers (BACO); and Estate Practitioners (STEP)!
Ivylyn Cassar, Bahamas Associa- Ms Warren also serves on the
tion of Securities dealers Board,as does Joy Jibris Joy Jibri as the
(BASD); Wayne Munroe, Government's representative.


*14









would=like HOME DELIVERY of-THETRIBUNE
I i*;
... .
m m U U 0


PEARL INVESTMENT MANAGEMENT and SG Hambros
Bank & Trust have joined forces again to donate the
award for this year's Financial Services Student of the
Year Award. Pictured presenting BFSB programme coor-*
dinator Alfreda Gould (left) with their respective contri-
butions are Pearl's Joseph Delancy, vice-president and
chief financial officer, and Renee Barrow, manager of
human resources at SG Hambros.
The student award is sponsored in collaboration with
the College of the Bahamas, the Professional Industry
Association Working Group and the Central Bank of the
Bahamas. The 2009 Student of the Year will be announced
at the annual Industry Excellence Awards Banquet on
October 25.


Last Name:________

Company:

Telephone # Home:


Fax #:


P.O.Box:


Exact Street Address:


House.# _

House Colour:


Requested Start Date:


House Name:


Type of Fence/Wall:


I SSW fl MY OF THE TRIBUNE AND WAKE UP TO THE BEST NEWSPAPER FOR YOU!!


First Name:


Title:


Work:


THE TRIBUNE


PAGE 12B, FRIDAY, OCTOBER 17, 2008