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The Tribune
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Permanent Link: http://ufdc.ufl.edu/UF00084249/01173
 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: November 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: UF00084249:01173

Full Text






WORLD ,yPi N
CHILDREN'S 31 .
DAY NOV.20 im Iovn i"
HIGH 81F
LOW 66F

PAlYI. SUNNY,
SA SHOWER


The


Tribune


BAHAMAS EDITION


f


Volume: 104 No.299


MONDAY, NOVEMBER 17, 2008




Vs ..


PRICE 750


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Young man dead,

relative in custody after

alleged altercation


* By TANEKA THOMPSON
Tribune Staff Reporter
ttompson@tribunemedia.net
A YOUNG man is. dead and a
close relative is in police custody
after an alleged fight between the
two "over a remote control"
proved fatal.
Tarmal Johnson, 25, of Wilson
Tract, reportedly got into an
"altercation" with the relative
during the late hours of Saturday,
police said.
Johnson's brother is helping
police with their inquiries, Chief
Supt Glenn Miller said.


Although details of the inci-
dent were sketchy up to press
time last night, Tribune sources
indicate the fight.erupted over a
remote control device.
Yesterday, CSP Miller said
police were still awaiting autopsy
results before an official cause of
death could be determined. Up
to press time, police did, not
reveal the murder weapon.
Police first received reports of
a fight in the Cordeaux Avenue
and Wilson Tract area after 9pm
on Saturday.
SEE page 12


Police are continuing

shooting investigation
* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
FREEPORT Grand Bahama police are continuing investigations
into a shooting on Friday at Garden Villas, where a 29-year-old man
was wounded.
The victim, who has -not been identified, is detained in stable con-
dition at Rand Memorial Hospital.
Asst Supt Loretta Mackey, assistant press liaison officer, said the inci-
dent occurred around 10.53am. A male victim was discovered near
Building 47 at Garden Villas with multiple gunshot wounds to the
body. Before the shooting, the victim was involved in an argument with
another man.
Supt Mackey said police are following leads. Anyone with infor-
mation should call 350-3107/8, 352-9774 or 911.

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Bahamasair


plane blows


an engine

BAHAMASAIR flight 322 blew an engine Friday afternoon short-
ly after leaving Grand Bahama International Airport for New Provi-
dence, according to a source at the airline.
The twin engine Dash 8 propeller airplane, carrying 48 passengers,
had to set a course back to Freeport, shortly after take-off, to make an
emergency landing.
According to reports, the aircraft left Freeport around 1.30pm.
A short time later, the pilot contacted Air Traffic Control and report-
ed that Engine Number 2 on the right side had failed.
Assistant Superintendent Loretta Mackey said the pilot landed the air-
craft around 1.50pm and all passengers and crew disembarked safely.S
She said the captain reported that after the Number 2 engine on the
right side failed, he decided to return to the airport for an emergency
landing. Ii
It is not yet known what caused the plane's engine to fail.
Calls to Bahamasair officials were not answered up to press time yes-
terday.

Govt 'should offer

direct subvention to

large-scale employers'


0 By TANEKA
THOMPSON
Tribune Staff
Reporter
tthompson@
.tribunemedia.net "
GOVERNMENT
should consider offering
large-scale employers a
"direct subvention" to
supplement employee
salaries and possibly pre-
vent further lay-offs spurred by the
weakened economy, says former
Central Bank governor James
Smith.
"The government might consider,
especially with the large properties,
basically a direct subvention to


* By CHESTER ROBARDS
Tribune Staff Reporter
CHIEF Justice Sir Burton Hal-
l's ruling, which found Prime Min-
ister Hubert Ingraham's appoint-
ment of Anthony Musgrove to the
Senate invalid, was not a victory
for the PLP as they claim, accord-
ing to a statement released by
FNM chairman Johnley Ferguson.
What the ruling did, according
to the statement, was validate Mr
Ingraham's position that he was
not beholden to appoint senators
from a pool of PLPs or from a list
of recommendations suggested by


opposition leader Perry Christie.
"In his judgment of November
5, 2008, the Chief Justice con-
firmed Prime Minister Hubert
Ingraham's position that it was his
decision as to who should be
appointed the three senators and
not that of PLP leader Perry
Christie, as was claimed on Mr
Christie's behalf," said the state-
ment.
"The Chief Justice, in fact,
rejected the PLP's claim."
Quoting parts of the ruling
handed down by the Chief Justice,
SEE page 12


salaries, and say to a large
outfit like Kerzner -
'Look I'll pick up 50 per
cent of the costs, if you
keep the people on
because what we're going
S to end up doing is trying
to create new jobs and the
quicker way of doing it is
trying to retain the jobs
you already have.
"So it calls for a direct
subvention of the compa-
nies that are large employers," Mr
Smith said, when asked what cre-
ative measures government could
implement to stem more lay-offs.
A direct subvention is the fur-
SEE page 12


Former minister

questions unemployment
assistance programme
* By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunqmedia.net
FORMER Minister of State for Finance James Smith has ques-
tioned the sustainability of the government's $100 million unemploy-
ment assistance programme as the country faces jobless figures that may
top 12 per cent and a widening deficit.
Figures released by the Department of Statistics taken from its
Labour Force Survey earlier this year put the nation's unemployment
rate at 8.87 per cent, but with Atlantis laying off 800 people last week,
that figure will jump to about 12 per cent, Mr Smith said.
Assuming the government extends $200 a week, or minimum wage, to
this affected 12 per cent it would cost the country some $80 million in
one year, Mr Smith estimated.
"Our labour force is about 150,000 people, meaning that one per cent
is 1,500 people. We now have eight per cent unemployment and it's like-
ly to rise to let's say five per cent more.
"That can easily translate into about 8,000 people 8,000 even at let's
say $200 a week (under unemployment assistance) is going to cost (the
government) about $80 million," he said.
SEE page 12


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PAGE 2, MONDAY, NOVEMBER 17, 2008


THE TRIBUNE


OAL NEWS


I II I I 'In i II I


A MALE resident of Misty
Gardens, Nassau, is in police
custody for alleged possession
of an illegal firearm.
Asst Supt Walter Evans said
that around 11.50 pm on Friday
DEU officers were in Nassau
Village when they saw a man
acting suspiciously.
The man fled, prompting offi-


cers to give chase.
While running after the man,
police saw him throw an object
to the ground, ASP Evans
said.
The suspect was caught and
the object was found to be a .38
handgun with six live rounds of
ammunition.
The suspect, 33, was arrested.


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Ginn Sur Mer and GB Power




Company sign $12m contract


By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
FREEPORT A $12 million
contract was signed by Ginn Sur
* Mer and the Grand Bahama
Power Company on Saturday to
begin construction of a new elec-
tricity infrastructure at West End.
The contract signing demon-
strates Ginn's commitment to the
$4.9 billion West End resort
development, which is progress-
ing steadily and now requires
increased load capacity to service
the scope of work that is under-
way there.
Developer Bobby Ginn and
Power Company CEO and pres-
ident Excell 0 Ferrell signed the
contract around noon before a
number of invited guests at Gin-
n's Old Bahama Bay property in
West End.
Deputy Prime Minister Brent
Symonette, Cabinet ministers
Earl Deveaux, Kenneth Russell,
Neko Grant, Deputy House
Speaker Kwasi Thompson, and
West End MP Obie Wilchcombe
were also present.
Ginn and the Power Company
have agreed to spilt the cost of
the project, which includes con-
struction of a new 69kv transmis-
sion line and replacement of exist-
ing power poles with'70ft hurri-
cane resistant poles.
The new line will run 22 miles
from the Power Company's plant
on Queen's HighwAy to the West
End site, and is expected to be
completed in December, 2009.
Mr Ferrell said that it is the
largest transmission project
undertaken by GB Power Com-
pany.
"The engineering and con-
struction of this line is evidence of
the impending growth of not only
Gin Sur Mer, but also Grand
Bahama Island and GB Power


Company.
"While this line is being con-
structed for the purpose of serv-
ing Ginn Sur Mer, it will benefit
all electric customers in the West
End area," he said.
According to Mr Ferrell, the
new line will be built along the
route of the existing distribution
line serving the West End com-
munity.
He noted that the new tubular
steel composite spun concrete
poles will be built to withstand
sustained winds of up to 150 mph,
and designed to minimise the
impact of lightning.

Infrastructure
Construction of the new infra-
structure will be carried out by a
combination of GB Power Com-
pany crews and contractors,
assisted by specialised external
contractors, he said.
US developer Bobby Ginn
described the signing as "a great
day for Ginn."
"We couldn't be happier or
prouder," he said, followed by
applause from staff members of
Ginn.
"It is an indication of our com-
mitment to the project and the
(West End) community. It has
never wavered... and the naysay-
ers are always trying to find some
way to convince people that
things aren't going well, that the
project is stopping, and that it is
slowing down.
"This is a process...and it will
take us years to develop. It is not
something that will happen
overnight nothing good ever
does, it takes time.
"We. are moving as fast as we
can move and we are not cutting
any corners or taking any short-
cuts. If we had the best economy
in the world we would still be


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right where we are today," Ginn
said.
Mr Ginn thanked Power Com-
pany, the government and the
community of West End for their
support.
He believes that the power and
water projects at West End will
set the foundation for other
developers to come in, and make
investments and opportunities
available for people, and to grow
the Grand Bahama economy.
Mr Symonette commended
Ginn Resorts and GB Power
Company for undertaking such a
significant and ambitious project
at West End.
"Many will benefit and we
hope that in the future that West
End and all settlements up to the
harbour will not be losing power
in another hurricane. That is the
dream, I hope it becomes a reali-
ty," he said.


THE 30th anniversary of.
the Jonestown Massacre has
unearthed a bizarre link
between the wife of cult
leader Jim Jones and a Nassau
.bank.
: Marceline Jones was one of
more. than 900 people who
died at a settlement in Guyana
in November, 1978, following
what appeared to be a mass
suicide by cyanide poisoning.
All the victims were follow-
ers of Jim Jones, whose cult
had earlier killed Congress-
man Leo Ryan when he
arrived in Guyana to investi-
gate its activities. He remains-
the only Congressman ever
killed in the line of duty in the
history of the United States.
In a note found beside her
body, Mrs Jones left all money
in her various bank accounts
to the Communist Party of the
USSR.
The accounts, she said, were
in the Bank of Nova Scotia
(now Scotiabank) in Nassau
and she asked specifically that
no money should go to her
adopted daughter, Suzanne
Jones Cartmell.
"Please be sure that these
assets do get to the USSR,"
said the note, "For anyone
who finds this letter, please
honour this request as it is
most important to myself and
my husband, James W Jones."
The Nassau link was discov-
ered by Bahamian journalist
Arthia Nixon while research-
ing the massacre, which was
the biggest loss of American
civilian life in a non-natural
disaster up until the events of
September 11, 2001, in New
York.
Jonestown was the informal
name for the People's Temple
Agricultural Project in
Guyana created by Jones' Cal-
ifornian-based cult, the Peo-
ple's Temple.
On November 18, 1978, 909
Temple members were found
dead at the settlement, all but
two from cyanide poisoning.
Jones, who had high-level
political connections, leased
land from the Guyanese gov-
ernment in 1974 to create
what he termed a "socialist
paradise" a commune to
combat fascism and racism.
Marcelline Jones bought
into her husband's philosophy
totally, saying the Guyana
project was in pursuit of total
economic, racial and social
equality.
The death of Congressman
Ryan came after Jones
declared that "capitalist pigs"
were trying to destroy Jon-
est6wn. Convinced that
Ryan's death would lead to
reprisals, the cult opted for
"revolutionary suicide", drink-
ing poison from a giant vat:
Jones' body was found with
a gunshot wound at the settle-
ment.


* TJ~UV$






MONDAY, NOVEMBER 17, 2008, PAGF :


. UOA-NnflRi ,,W..


Sol Kerzner set




for $30m Atlantis




party in Dubai


A GENERAL view ri
the Atlantis hotel
which is a part of :;1.:
billion resort is sefn,
on the Jurneira Plin
Island in Dubai, Unbi -
ed Arab Emirates.
Wednesday, Sept. i/,
2008. The 113-acre
resort on the artificial
island off Dubai's G2l4t
coast opened on Sep-
tember 24.


SOL KERZNER is set to
splash out an estimated $30 mil-
lion this week on a magnificent
launch party for his latest
Atlantis project in Dubai.
It is being described by the
international media as the most
expensive party ever staged.
Only days after Atlantis on
Paradise. Island made 800 staff
redundant in a massive cost-cut-
ting exercise, the resort's Mid-
dle East counterpart will host
the world's biggest-ever extrav-
aganza, which is expected to be
attended by a galaxy of stars.
A firework display seven
times bigger than the ones
which opened and closed the
Beijing Olympics will be so
impressive that it will b6 visi-
ble from the international space
station.

Fireworks
The Sunday Times of South
Africa said even though the
world is in the throes of an eco-
nomic meltdown, Kerzner is not
letting austerity prevent him
from blowing the Chinese
Olympics out of the water with
his fireworks display.
"This has never been done
before," Jerry Inzerillo, presi-
dent of Kerzner Entertainment
Group International, is quoted
as saying.
"During the opening and
closing ceremonies of the Bei-
jing Olympics, 14,000 devices
were fired. We will be blowing
up 100,000 specially designed
devices off 340 platforms
around the resort."
Kerzner and business part-
ner, Sultan Ahmed Bin
Sulayem, are spending what
The Sunday Times has "reliably
learnt" is 20 million ($30 mil-
lion) on a two-day celebration
on Thursday and Friday to
launch the man-made island
development shaped in the
form of a palm tree, The Palm
Jumeirah, and Atlantis The
Palm, Kerzner's new 1,539-
room resort.



0 In brief


orop in

fuel prices
AT A time when con-
sumers are faced with ris-
ing prices on food, cloth-
ing and electricity,
motorists can breathe a
collective sigh of relief
when they pull up to the
pumps.
Gasoline retailers across
the island have dropped
prices on fuel with Shell
stations pegged at $3.80 a
gallon, Esso at $3.72 and
Texaco at $4.60.
Crude oil prices have
fallen by two-thirds since
July's record high of $147
a barrel due to fears that a
prolonged global recession
could decrease world ener-
gy demand.


Three COB

language

professors

honoured

THREE long-serving lan-
guage professors at the Col-
lege of the Bahamas were
honoured during a special
awards ceremony hosted by
the Ministry of Education.
The banquet, held at the
Sheraton hotel on Cable
Beach over the weekend,
honoured COB professors
Jacinth Taylor, lecturer of
foreign languages, Irene
Moss, assistant professor of
foreign languages, and Chris-
tine Diment, chair of the
School of Communications
and Creative Arts.
The women were chosen
for their long and outstand-
ing commitment to the field
of education.


The sultan is executive chair-
man of Nakheel, a land recla-
mation company responsible for
creating three islands, called
The Palm Islands, which will
increase Dubai's shoreline by
about 520km.
According to The Sunday
Times, hordes of international
names will be among the 2,000
guests,
They are expected to include
Janet Jackson, Oprah Winfrey,
Robert de Niro, Denzel Wash-
ington, a host of Bollywood and
Middle Eastern stars, and roy-
alty from several families,
including a British royal, The
Duchess of York.
Several of Kerzner's promi-
nent South African contacts will
also be there.
Celebrity party planner Colin
Cowie is masterminding the
event, with signature dishes pre-
pared by Michelin-starred chefs.
They include Michel Rostang,
who's been called one of Paris's


most creative chefs, Italian
Giorgio Locatelli of BBC Food
and Japanese celebrity chef
Nobu Matsuhisa.
The night will see Australian
singer Kylie Minogue perform
for the first time in the Middle
East for a reported $3 million
fee followed by Bollywood
actress Priyanka Chopra, who
will rise from the stage as the
"goddess of Atlantis", herald-
ing the fireworks spectacular.
Inzerillo, Kerzner's associate
since their Sun City days 18
years ago,.said the launch par-
ties were planned long before
the current economic climate
and reflected Kerzner's mar-
keting approach of creating a
worldwide event to generate
awareness.
For 10 months, a team of 50
experts has been working
behind the scenes. These have
now been boosted by 800 staff,
including 400 technicians to
supervise the fireworks spec-


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tacular.
"Our brief %%as to create a
big, unique etent to demon-
strate that Atlantis is the 11ag-
ship, the first o more than 41i
hotels to open there." he
explained.
Although the ne% Atlantis
has already\ hosted the likes of
Michael D.uglas and Cather-
ine Zeta-Jones, this Thur-dav
marks its ollicial opening.
Unlike its Nas--.au counter-
part, which has-; s-tkr tcd a major
slowdown in business, the netm:
Atlantis -- a loint entire
between Kerzner International
and the Dubai sate-owned
company Isithmnar world d -
has been enjioing close to 90
per cent oc>uprjnc%, higher than
Kerzner's e\peaLtitions,.
Last weed.. Atlantis emplo.-
ees in Nassau, .xprcssed anger
after being laid off and fear
more redundancies \lIl follow if
occupancy\ doesn't improve in
the New i ear


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THE TRIBUI


MONDAY, NOVEMBER 17, 2008, PAGE! t-
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PAGI4ORODA, NVEBER17O208EHEDRIUN


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

LEON E. H. DUPUCH, Publis,:r/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-3207, 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



The Prime Minister has it right


EDITOR, The Tribune.
THE llth day of November at
the llth hour the angry guns over
the western front of Europe final-
ly fell silent leaving hundreds of
thousands dead injured and
families grieving the war to
end all wars was over but.....
Just in a short number of years
Europe again fell to the aggres-
sion of Hitler and his Reich forces
and again more and more of
Europe's finest died, were
maimed and families lost their
young ones.
Every year on the Sunday
before the 11th day of the llth
month in the western world. we
pause for an hour or so to
remember and give thanks to
those who gave the ultimate.
Even in our short history we
have heroes, quite soon after
Independence, Cuban aircraft
attacked *one of our small
Defence Force craft off Ragged


Island and we lost our first nation-
al heroes in the Flamingo inci-
dent.
No one really knows why Cuba
attacked the Flamingo, there is
substantive speculation however
as yet the' official documents of
the incident have never been
released.
This writer suggests it is time to
make public the currently secret
documents and.reports of the
incident not simply to know what
was the reason but.to relaunch
what so unfortunately is the lack
of even knowing of the Flamingo
incident amongst our younger cit-
izens.
There are still some of the then
officers and marines alive who
should be given the exposure of


their bravery on that morning and
retell this infamous, but very sig-
nificant hour in Bahamian histo-
ry.
Early today over Europe in
Australia, New Zealand, Canada
and other now Commonwealth
country's the 90th anniversary of
the silencing of the guns was
remembered -just how chilling
was it to see the three surviving
British heroes of the first World
War now all over 100 years as
snappy as they would have done
when in their prime on parade
gave their personal salute hon-
our and remembrance to their
fallen comrades so least we for-
get.
Hoping Cabinet will see the
importance of making public the
official documents of the Flamin-
go incident and that a permanent
exhibition will be put in place.
J MOORE
Nassau,
November 11, 2008.


Barack Obama is what the world needed


EDITOR, The Tribune.
AMERICA is back! People are rejoicing. Blacks
and whites are hugging each other and crying from
Florida to New York to Philadelphia. They are cel-
ebrating in the streets.
There is now talk of peace:.This is what America
needed for a long time.
Countries now want to do business with America.
They want to embrace America. They want to
Come to America. There are smiles on the faces of
Americans.
America now has the opportunity to start afresh.
There is a new President-elect. Someone who talks
about peace, not war.
Someone who talks about ONE United States of


America, where blacks and whites can join hands
and live as one.
Where there is equal opportunity for all, no mat-
ter what race, creed or colour.
This is what America needed.
This is what the world needed. Someone who
has a positive message of hope, change and oppor-
tunity for all.
Not war and divisiveness. Another John F
Kennedy, another Martin Luther King. Senator
Barack Obama.
PAT STRACHAN
Nassau,
November 13, 2008.


Service industry attitudes are unacceptable


EDITOR, The Tribune.
PLEASE allow me to refer to
your article in two days (Friday,
November 7th) Business section
there is notification that the air-'
port user fee is being increased
from a $15.00 to $20 by the first
quarter of 2009 to $25, to $32.50
to $40.00 by the end of 2012 an
overall increase of 166 per cent in
four years.
As a relatively new Bahamian
resident I'm amazed by the self
serving rhetoric issued by the gov-
ernment officials. I am referring
to the Minister of Tourism's state-
ments of only a few weeks past
that they, the Ministry, would
boost tourism for the Bahamas
in these problematic economic
times by lowering airfares. First
this statement was totally ridicules,
as none of the international car-
.riers wouldeven consider any


thoughts of lowering fares to a
destination that is in serious dis-
repair and as one of the most
expensive Caribbean island des-
tinations needs to get its act
together and clean up the coun-
try. This island is dirty, garbage
everywhere in total disrepair, bad
road, side walks that haven't seen
maintenance since the pull out of
the British Government and now
NAD is planning to raise user air-
line fees to pay for the new ter-
minal.
Let's start at the grass roots of
the problem: Clean up the place;
why don't Bahamians have
respect for their land, and con-
tinue by treating the tourist, our
main industry with some respect.
As A white resident have you tried
to walk down Bay Street without
the abuse of taxi drivers and
street vendors? I can only imag-
ine what the visitors think. As a


residenthave you attempted to
walk from Cable Beach into Nas-
sau?
The sidewalks are death traps.
I often wonder if this is created by
the cab drivers so that visitors will
not dare to walk. I have worked
in most Caribbean islands and
cannot believe that in Nassau the
attitudes within the service indus-
try is far below acceptable. When
will people working in the ser-
vice industry learn to service the
visitor? If' you think working in
the service industry is servitude,
then get out.
So, Mr Minister of Tourism,
get your list organised to bring
the tourists back to Nassau before
this place really goes down the
tubes once Cuba opens'up.
MICHAEL PATRICK
Nassau,
November 7,2008.


FORMER prime minister Perry Christie is
disappointed that Prime Minister Ingraham
could not be more specific in his November
10th address to the nation on what direction
the Bahamas' economy will take and what-plans
he has to lead it out of its present economic
crisis.
"The people of the country were expecting-
specific ideas on how the mortgages will be set-
tled for those who are unemployed," said Mr
Christie. "They expected to hear what the long
term investment prospects are for the country;
what kind of Christmas could they expect. It
was not simply good enough for the Prime Min-
ister to say that the government is going to
design a programme for the unemployed. He
ought to have said what his plan was."
For Mr Christie to have made this statement
shows that he himself has not grasped the grav-
ity of the situation. The Bahamas has a tourist,
investment and banking economy, which is com-
pletely dependent on how the world turns. At
the moment world leaders are confused. They,
don't know in what direction to lead their
nations. The solution to this crisis eventually
will be found after many trials and even more
errors.
But while the world gropes in darkness, it
seems that Mr Christie expects Mr Ingraham to
be the only man with the flashlight to lead them
out of the den of confusion.
As Abraham Lincoln said when, as US pres-
ident, he needed solutioffgfO YcTio itry faced
with bank failures, tumbling stocks, and shrink-
ing property values: "If we could first know,
where we are, and whither we are tending, we
could better judge what to do, and how to do it."
US President George Bush, Prime Minister
Gordon Brown (UK), President Nicholas
Sarkozy (France), Chancellor Angela Merkel
(Germany), President Dmitry Medvedev of
Russia, and the list goes on, could embrace Lin-
coln's words as their own. In other words the
global financial collapse is on a scale never
before experienced; and frankly no one knows
what to do.
On Wednesday harried US Treasury Secre-
tary Henry Paulson took to the microphones to
announce that the $700 billion government
bailout for US banks was not working as
expected. A new plan was to be implemented.
President Bush invited world leaders to
Washington this weekend for a Group of 20
summit to discuss a co-ordinated response to the
world's deepening financial crisis. .
And, yet, Mr Christie expects Mr Ingraham
to tell the Bahamian people what kind of a
Christmas they are to expect. If Bahamians are
aware of what is happening in their own coun-


try, and if they are following the world news,
they have sufficient intelligence to already know
that Christmas promises no Santa Claus this
year. They need neither Mr Ingraham nor Mr
Christie to tell them.
"I think (the prime minister) has reflected
what the government's thinking is at this time,"
State Minister for Finance Zhivargo Laing told
The Tribune over the weekend.. "We don't
know where this matter is going, so we have to
be very careful, very measured in terms of any
response we make. When you are faced with an
uncertain economic environment that could get
worse, you have to be measured in terms of
what you do, because if you extend yourself
fully now, if things get decidedly worse, what
will you do then? I think we have the right posi-
tion given the circumstances today."
The IMF has advised each government to
develop various plans to meet whatever might
happen. The Bahamas has plans to meet the
crisis as it develops.
Mr Ingraham pointed out that the Bahamas
is "somewhat more fortunate than many other
countries," which he attributed to. successive
governments for "maintaining this position of
economic and fiscal prudence."
. He believed it would be "inappropriate to cut
recurrent government expenditures at this
time."
"As suggested by the IMF," he said, "gov-
ernment spending can provide an important
stimulus to the domestic economy in the face of
shrinking economic growth."
However, even this had to watched "if rev-
enue performance turns out to'be particularly
weak."
His government has already taken a few cau-
tious steps forward to help those who have lost
their jobs and risk losing their homes.
Promotional television and print marketing
has been increased to take advantage of the
Bahamas' proximity to the United States in
hopes that those who do decide to travel will
make this their preferred destination.
The UK, Canadian, and Asian and Latin
American markets are also being tapped. But, as
he says: "Even the best pump in the world is of
little value if there is no water in the well. We
must all await the return of consumer confi-
dence in the global financial system and most
especially consumer confidence in the US before
we can get our tourism sector back on track
completely."
In the meantime those who have employ-
ment should work hard to keep their jobs.
Wastage must be reduced in.both the .home
and work place, and where possible Bahamians
should shop at home.


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pharmaceutical company seeks a qualified
person for the position of:.

MEDICAL REPRESENTATIVE

The medical rep will be responsible for
promoting pharmaceutical brands within the
healthcare community in the Bahamas.
Skills & Educational Requirements
/ Bachelor's degree in medical sciences, allied
health, or business administration
/ Effective communication and presentation skills
/ Effective time management, planning, and
organizing skills
/ Proficiency in a variety of computer
applications
4 Self-motivated team player
/ Previous experience in pharmaceutical detailing
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Candidates should possess a reliable motor
vehicle, be willing to travel to the family islands,
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Documents on




the Flamingo




incident should




be made public


Patrice Moss
Steak-out Medical
November 8, 2008


"It is not hmi much .'.. io,. but hol.w iu I. love
'vou put in the doing."

I. along with mi family l'.lefull, acknowledge
the kindness 3alid 'goodness displayed by the
p:aicint of ['aj Nul->cr) and Toddlers, The Stuarts,
VWhits. Singh, Loc kh;:(s, Wells. Wallaces.
Hainnas. Brice, Dean, Ms. Cartwright, Darling,
.\,. I)ar\ ille. Brown, Chef Collie.
A spccia'l ihaiiik you to D:imrcn Knowles, Mr.
Cheeks, Thcadorc. N [. Claudia, Stephanie Sands,
Sharon Br \n. E iell. Rahique-Sands, Rolanda
Ingragharn, Julia Knowles, Phil Lightbourne,
Bahamas Food Service, Royal Bahamas Police
Force, Crew at Harbourside and Atlantis, Bishop'
and Mrs Chadwick James, Mother Pratt and
family, Hinsey, Ferguson and Andrew Family,
Sandilands Rehabilitative Centre, Teachers and
Staff at Faith Temple and Jordan Prince William
Schools.

Once Again, Thank you and May God
Continue to Bless Us All.

"Kindness is more important than wisdom, and
the recognition of this is the beginning of
wisdom."


PAGE 4, MONDAY, NOVEMBER 17, 2008


THE TRIBUNE


i








THETRBUE ONDYCNOEMER17,208,PAEI


downeoM ahamas over ternetreakdown
network Bahamas over Internet breakdown


CABLE Bahamas has come under fire from
one of its own shareholders for last week's
three-day breakdown in internet services.
Financial consultant Richard Coulson said
the company had given itself "a black eye"
and undermined Nassau's reputation as a busi-
ness centre.
And he slammed the response by its
spokesman, Neville Wisdom, as "totally inad-
equate", raising more questions than it
answered.
The attack came over the weekend in a let-
ter from Mr Coulson to Cable Bahamas pres-
ident and chief operating officer Anthony But-
ler.
He said the breakdown was particularly bad
for financial firms dependent on fast-moving
markets in this time of economic crisis.
"As one of your shareholders and a loyal
subscriber to your Cable TV and Coralwave
Internet. services, it pains me to see a fine com-
pany give itself such a black eye as the recent
.collapse of your internet capabilities for as
long as three days," Mr Coulson wrote.
"Not only does your own company's repu-
tation suffer, but even worse, Nassau's repu-
tation as a modern business and financial cen-
tre suffers.


THE Bahamas Telecommuni-
cations Company Limited (BTC)
shut down its TDMA network
yesterday but warned that sub-
scribers will experience disrup-
tions in service for the rest of
November as the company con-
tinues testing the upgraded GSM
platform.
BTC said due to "the density
of the network and cellphone
traffic in Nassau" it could not run
the TDMA network and launch
the upgraded GSM network
simultaneously.
"Therefore we are only able
to begin testing the upgraded
GSM network after the TDMA
network is tamed down. The new
upgraded system in New Provi-
dence will not be fully functional
until the end of the month," said
Marlon Johnson, BTC's vice-
president for public relations.
In early 2007, BTC began
preparing for this shutdown,
embarking on an aggressive
GSM expansion project. The goal
was to increase the level of ser-
vices provided and at the same
time expand cellular coverage
throughout New Providence and
the Family Islands.
BTC also increased the
amount of cell sites, expanded
existing sites and also introduced
an 850 MHZ frequency overlay
in the GSM network. The
upgrade has been largely com-
pleted in the Family Islands, with
a few additional cell sites to be
built and brought on line.
But New Providence requires
a different approach, BTC said.
Over the final two weeks of
November customers in New
Providence will experience dis-
ruptions in the GSM service as
the upgraded network is tested
and optimised.
Mr Johnson said BTC "will do
(its) best to minimise disruption
to our customers, but unfortu-
nately this is the only way it could
be done in New Providence...by
the end of the month, customers
will begin to see substantially
improved service in New Provi-
dence and throughout the coun-
try."
BTC is asking its customers to
get involved in telling the com-
pany where service is not "at
acceptable levels".'The compa-
ny has set up a form on its web-
site www.btcbahamas.com, where
customers can, log information
detailing where they are having
issues with GSM anywhere in the
country.


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"The article in Friday's Tri-
bune I am sure only scratches the
surface of the frustration, incon-
venience, and even financial loss
experienced by your subscribers
from an inability to communicate -f,-
or receive vital information. For
financial firms, dependent on fast-
moving markets in this period of
economic crisis, the problems were
particularity intense. .
"The explanations and apolo-
gies quoted in The Tribune by your
spokesman Mr Neville Wisdom
were a totally inadequate response.
In fact, they raised more questions than they
answered.
"He told us that the problems arose from an
infrastructure up-grade that was supposedto be
completed between 2am and 6am last Thurs-
day but that somehow went seriously wrong.
In other words, the collapse was not caused by
external factors or an unexpected Act-of-God
catastrophe, but by your own company's delib-
erate decision to make a service improvement.
"This, of course, provokes a basic query
about the competence of your technical engi-
neering staff that undertook the up-grade. It


puts in doubt Mr Wisdom's oft-
repeated assurance that service
will be even better in the future,
once complex technical issues
,, 'that were difficult to explain' are
resolved. Will these future
improvements be handled by the
same team that was working last
S2. Thursday?"
l Mr Coulson added: "Even the
best companies inevitably face
occasional crises in their business
lives, as this is for Cable
Bahamas. The real test of good
management is how they handle
these crises. As always, prompt and full dis-
closure with acceptance of responsibility is the
best policy. Reactive answers to questions from
the press by your public relations director do
not do the job. What is needed is an official,
informative statement by yourself, together
with your chairman, that would be released
as a paid notice in the press, radio, and TV.
"Other measures could well be considered.
The most obvious is a one-month's waiver of
fees for all internet subscribers. Another is the
declaration of a special dividend, or modest
increase in your regular quarterly dividends.


Authentically Bahamian

Christmas Craft Show to

be held on December 5th
ARTISANS throughout The Bahamas are
hard at work preparing for the Ministry of
Tourism's three-day 14th annual Authentical-
ly Bahamian Christmas Craft Show set for
December 5 at Wyndham Nassau Resort,
Cable Beach.
"From what I have seen so far, this year's
show is shaping up to be the best yet," said
Tourism's manager Rowena Rolle. "Already
we have almost 100 confirmed exhibits."
The show coincides with the Bahamas Hotel
Association's annual general meeting held
there.
"We take the opportunity to create link-
ages with hotel properties so that our tourists
are offered authentically Bahamian-made sou-
venirs and memorabilia," she said. "This is
especially beneficial for our Family Island
craftspersons."
The show will feature Christmas ornaments
and accessories, handcrafted jewellery, Red
Bays' indigenous straw work, .scented soaps
and candles, Bahamian books, scenic paint-
ings, holiday treats, and Christmas plants
among other attractions, she said.


BTC announces new Internet service initiative


* By LLOYD ALLEN ,
Tribune Staff Reporter
FOR many BTC cellphone sub-
scribers frustrated by the company's
inability to provide Internet services
through non-Blackberry devices,
change has now come with the com-
pany officially announcing its new
Internet service initiative, according
to a company executive.
BTC vice-president for marketing
Marlon Johnson has confirmed that,
as of November 1, the company
launched its 'Internet On The go'
project, which now allows both post-
paid and pre-paid cellular customers
to access the Internet through their
phones.
Mr Johnson explained: "What it


involves is that they would have'to
first have a phone that is compatible, '
then" they can come in to either our
flagship or mall location where we
will do what is called an over-the-
air activation, send the features that
they want on the phone, work with
them to configure the features cor-
rectly, and then they can pay as they
go."
He said for post-paid clients, there
is an unlimited package being
offered for $25 monthly. He said this-
will allow the user to surf the web
through their cell-phone. For pre-
paid subscribers, Mr Johnson added
that in the absence of a package,
these clients can obtain the same
service at the rate of one pennimy per
kilobyte.


A- -


Your reports to shareholders show that you
are in a strong financial position, so that a larg-
er dividend would not starve you of funds need-
ed for continuing capital investment. The
recent declaration of a special dividend by
Commonwealth Bank gave evidence of confi-
dence in their own company, and gives a boost
to confidence in our whole economy. Surely it
is in the best interests of Cable Bahamas also to
encourage such confidence.
"I do hope that these steps, combined with
the restoration of your normally excellent ser-
vice, will result in removing any stains on your
reputation, so that you will continue to attract
new customers and the share price will remain
strong."
Mr Coulson's letter echoed complaints from
other members of the business community.
In Grand Bahama, one business source said
the loss of internet service had serious conse-
quences for those involved in the financial
world.
"The loss of service for three days was a
real headache," he said, "A country that prides
itself on being a banking and financial centre
cannot afford such lapses. It is a really serious
matter for those who need instant global com-
munication."


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MONDAY, NOVEMBER 17, 2008, PAGE 5


THE TRIBUNE


as"
K


7


Rosetta St.

























GOVERNMENT PUBLIC NOTICE


ROAD EXTINGUISHMENT AND NEW ROAD ROUTE NOTICE

Section 5(d) of the Roads Act, Chapter 201, (Amended 2001)


Pursuant to section 5(d) of the Roads Act, chapter 201 (Amended 2001) Notice is hereby given that the Minister responsible
for Public Works intends to extinguish (remove) that section of Adelaide Road shown (red on the plan) at Appendix 1 to
this Notice and define the new route of travel in an easterly and westerly direction as that of the newly constructed un-
named roads between South Ocean Boulevard ad Adelaide Road as hereunder described.

ROAD A
That section of road (formerly called the Rock Plant Road) intersecting Adelaide Road approximately 0.5 miles east of
the intersection of Adelaide Village/ Adelaide Road intersection and running in a northerly direction for a distance of
approximately 1.0 miles to its intersection with another "Unnamed" Road herein referenced as Road B.

ROAD B
That section of road running from the northern end of Road A in a westerly direction for a distance of approximately 2.8
miles to its intersection with South Ocean Boulevard.

Note that the road closure and the use of the new road corridor simultaneously come into effect as 7:00am, Monday
17th November 2008.

Note also that the posted speed limit for Roads A & B is 45 miles per hour excepting that section of Road B measured
from its intersection with South Ocean Boulevard for a distance of approximately 0.64 miles due east for which it is
posted at 30 miles per hour.

These .new road sections (Road A and Road B) will be the new main routes for public travel in the south-western part of
New Providence in an easterly and westerly direction,. : -, ;- .


Signed






Anita Bernard
Permanent Secretary,
Ministry of Works & Transport
P.O.Box N-8156
Nassau, Bahamas

14th November, 2008



.... Appendix 1 to Road Closure
Apn' x And
S-I lNew Road Route Notice




Ministry Of Works and Transport

JExtinguished Section of
..-;.": .. 7R B Adelaide Road
s 45np> *And
l New Road Corridor


Legend
-" NewCodardoRoadA
I ;\ I-m|n NewCoridor Road B
Woe Secminm"TCatindor Road C
mum ( Closed Section of Adelaide Road


November 11. 2008


--- -I


PAGE 6. MONDAY., NOVEMBER 17, 2008


THE TRIBUNE














U yKAHYNcern.e sdrfos









._' ,j;; 0 By KATHRYN clerk in 1973. clients," said Mr Moss. "'Theg
>^ W mm- ,,, ,w. .I.. ... ... . .- I... .. .


KENNETH MOSS, left, receiving a plaque of appreciation from Andrea Davies, human resource
manager at the Post Office, and Godfrey Clarke, postmaster general.


CAMPBELL
Bahamas Information
Services
KENNETH A Moss has
retired from the Bahamas
Postal Service after serving
some 47 years.
He began his career as a
clerk at the Bank Lane and
Parliament Street location and
quickly progressed through
the ranks, retiring as execu-
tive officer.
From sorting mail in the
"outward" section Mr Moss
moved on to become a'senior


Six years later he joined the
Parcel Post section and
remained there until 2000
when he received a supervi-
sory position.
Throughout his many years
in the public service, Mr Moss
worked under the employ of
four postmasters, including
Claude Saunders, Charles
Harris, John V Saunders and
Godfrey Clarke, present post-
master.
"I have seen the Post Office
progress from a small build-
ing to one with modem equip-
ment, a larger staff and more


mail system has improved
over the years. They now hav.
high speed mail and they art
doing well," he added. .|
"When I first joined therg
was the main Post Office ofi
Bay Street, the Grants Towif,
Shirley Street and Fox Hill
sub-stations. They have noW
expanded to include South
Beach, Elizabeth Estates.,
Cable Beach, Carmichaef,
Clarence Bain and the Po!#
Office in the (Lynden Pindlipn
International) airport. They
have advanced tremendous
ly," he said.


Bahamians encouraged


to showcase their talent:

N By SIMON LEWIS
Bahamas Information
Services
FREEPORT Minister of
State for Culture Charles
Maynard officially opened
the Grand Bahama Artists
Association's Thanksgiving
Art Exhibition, calling on
more Bahamians to show- .
case their talents.
The event, which displayed
the talents of 30-plus
painters, was held at the
Freeport Art Centre. .
Mr Maynard said he
recently attended a confer- .
ence in Colombia which
attracted cultural ministers
from throughout the ,
Caribbean and Latin Ameri-
can, and that one of the
things officials sought to do
was look at the similarities in
cultural expression.
"One of the things that Iff
said in my contributions to MINISTER OFfSTATE for Culture Charles Maynard officially open
the conference was that I the Grand Bahama Artists Association's Thanksgiving Art Exhibiti
believe that cultural expres- on Thursday at the Freeport Art Centre.
sion is one of those things in
this life that is really an
equaliser. It does not matter
where you come from, it
doesn't matter what your
surroundings are or your
environment is.
"If you have that natural
born talent that enables you
to create works of art, you
rise to the level of a Queen
or King, and a Queen or
King will come and seek
you out to get a piece of
work that you would have
created.
"And so I want to congrat-
ulate the 30-odd artists who
participated in this first
event and hope' that it
encourages more people
who create in the privacy of
their home, and are probably
scared to branch out and
actually show their art to
join the association and to
start to grow," he said.


(D Buy I or buy 1,000 we got you covered.


ed
on


HII

TROII A


THE TRIBUNE


MONDAY, NOVEMBER 17, 2008, PAGE 7








_, 4 W V, iIL# I If


BAHAMAS ELECTRICITY CORPORATION
VACANCY NOTICE


ASSISTANT ENGINEER- MECHANICAL MAINTENANCE
ENERGY SUPPLY DIVISION


A vacancy exists in the Energy Supply Division for Assistant Engineer-Mechanical
Maintenance at the Clifton Pier Power Station.
Responsibilities of the position include, but are not limited to, the following:
> Maintains maintenance records
> Plans and supervises mechanical plant repairs and route maintenance of
diesel engines and auxiliaries with the use of schematics and analysis of
operational parameters
> Carries out monthly port inspections on all engines during engine
shutdowns
> Gives technical advice to subordinate staff as required on mechanical
areas of plant
> Prepares and executes budget reports
> Orders spares, material and supplies etc., through requisitions and local
purchase orders
> Prepares monthly reports
> Conducts regular staff meetings
> Troubleshoots and repairs on various engine and auxiliary systems to
ensure engine reliability
> Carries out engine performance analysis on all engines to increase engine
reliability and availability
> Performs a variety of administrative functions e.g., performance
appraisals, training, vacation, overtime assignments, union matters etc.

Job requirements include:
> Bachelor degree/HND in Mechanical Engineering or equivalent
qualifications
> Sound knowledge of diesel engine operation and maintenance
procedures
> Ability to make reasonable judgments
> Ability to make decisions based oninformation available
> Oral and written communication skills
> Ability to read schematics and interpret technical reports and drawings
>' Good time management skills
> Knowledge of safety procedures and basic mechanical fundamentals
> Sound knowledge of project management

Interested persons should apply by completing and returning an Application
Form to: The Manager Human Resources & Training Department,
Bahamas Electricity. Corporation, Blue Hill & Tucker Road, P. : OBox
.N-7509 Nassau Bahamas on ,or before: Monday. November 24. 2008.


BAHAMAS ELECTRICITY CORPORATION
VACANCY NOTICE


FAMILY ISLAND MANAGER NORTH/CENTRAL ANDROS
FAMILY ISLANDS DIVISION,

A vacancy exists in the Family Islands Division for the post of Family Island Manager-North/
Central Andros.
Responsibilities of the position include, but are not limited to, the following:
*. Oversees the local operations and takes an active part in dealing with
administrative and technical problems. Reports regularly to the AGM-Northem
Bahamas. .
:- Performs administrative duties for the protection of the corporations' assets
such as power stations, lands and buildings etc. also administrates cost control
functions (local contracts),'expenditure accounts, collection of accounts.and
banking. ,
+ O Installs and maintains an accurate and efficient metering system at the
customers point of service and ensures proper and timely billing of consumers
collections and preparation of bank deposits.
4 *. Operates and-maintains generation and distribution systems in a safe, reliable
and economical manner, while maintaining, accurate and efficient protection
systems for the corporation's generation and distribution systems that fall under
the Operation.
A& Opeiates the systems in such a manner as to maximize systems availability and
minimize the length of any outage to the customer.
Ensures system controls for both generation and distribution system operations
to optimize customer service and satisfaction while minimizing the cost of
operating the systems. ,
: Prepares the annual business plan and budgets for the local operations and
:* : .assists with the preparation of other long-term plans for the local operation.
*: . Provides monthly, quarterly anid annual reports on the activities and.
performance of.the operation so that the degree to which the operation is
achieving its objectives andadhering to corporate policies is known.
Maintains adequate area staffing through BI-annual review of the organization
and recommends necessary recruitment. Implements Corporate and FID
performance standards and ensures they are achieved. Recommends specific
training/development needs for staff.
Manages subordinate staff, administers discipline, conducts performance
appraisals and recommends increments/performance incentive payments..
4 Responds to forced outages and corrective maintenance occurrences in such a
-. manner as to minimize downtime and forced outages.
.,Job requirements include:
* Bachelor degree/HND in Electrical or Mechanical Engineering or equivalent
qualifications 7 years experience in generation repair and maintenance
operations and/or 7 years in distribution construction, repair and maintenance
operations
A. Good judgment and sound reasoning ability.
4. Good time management skills .
4- "Ability to communicate effectively both orally and in writing
-.0p Ability to interpret technical reports and drawings
S Sound knowledge of distribution and transmission systems and their planning
and operations
4* Sound knowledge of safety procedures

interested d persons should apply.,by completing and returning an Application Form to: The
Manager Human Resources & Training Department, Bahamas Electricity Corporation,
Blue Hill & Tucker Road, P. 0. Box N-7509 Nassau Bahamas on or before: Monday.
November 24,.2008,


BAHAMAS ELECTRICITY CORPORATION
VACANCY NOTICE


ELECTRICAL TECHNICIAN LONG ISLAND
FAMILY ISLANDS DIVISION


A vacancy exists at the Long Island Operations -Family Islands Division for the
post of Electrical Technician.

Responsibilities of the position include, but are not limited to, the following:

4: Assists with preparing cost estimates for persons Wishing to connect to the
Corporation's supply and accompanying technical reports
4* Assists with advising local managers on various distribution matters. This
may include visiting various islands to gather information and providing
recommendations to improve operations
4* Assists with conducting research and preparing reports for various
distribution related activities including coordination of shipping and
receiving of goods to local distribution departments
.* Assists with the planning and execution of distribution projects and
ensures that there is uniformity in the interpretation of policies related to
the department for local managers
*. Assists with investigating- and recommending customer claims for
damages

Job requirements include:

+ Successful completion of Ordinary Technical Diploma Program.
(Electrical) or an Associate degree in Electrical Engineering
-* A minimum 4-5 years of experience
*. A good working knowledge of distribution system construction and
operations maintenance and technical knowledge of electrical schematics,
circuitry, and equipment
*. The ability to read schematic diagrams and written and verbal
communication skills
4- Proficiency with specialized tools, such as meggars, digital meters and
voltage detector meters
4* The ability to operate heavy-duty equipment to assist roving crews during
barging


Interested persons should apply by. completing and returning an Application Form to:
The Manager Human Resources & Training Department, Bahamas Electricity
Corporation, Blue Hill & Tucker Road, P. 0. Box N-7509 Nassau Bahamas on or
before: Monday. November 24, 2008.


BAHAMAS ELECTRICITY CORPORATION
VACANCY NOTICE


MECHANICAL TECHNICIAN
FAMILY ISLANDS DIVISION

A vacancy exists in the Corporation for the post of Mechanical Technician (Special Projects),
Family Islands Division.
Responsibilities of the position include, but are not limited to, the following:
+ Troubleshoots and repairs mechanical defects is on the power plant
equipment. This involves the use of schematic, and the analysis of
operational parameters (i.e., temperatures, pressures, etc.) .
4+*. Performs routine maintenance and major overhauls on generator sets and
auxiliaries. This includes a range of mechanical tasks such as: qualifying
or replacing various, and equipment installation and assembly, which
usually requires precision alignments
4- Plans mechanical based jobs. This includes the preparation of a proposal
(including budget, funding, materials) liaison with vendors (domestic and
international) about prices, product validity and shipping arrangements,
and the co-ordination of mechanical tasks with peers/ subordinates
S Leads related staff members and contractors by giving instructions, and
reviewing and inspecting completed work to ensure adherence to
specifications and quality controls
o Leads related staff in the maintenance and repair of mechanical/electrical
equipment, auxiliaries and land and buildings. This involves cleaning,
overhauling, calibrating and testing tasks performed on various gas
turbines, motors, generators and other plant equipment, and station
building repairs and fuel systems. It a so involves performing technical
and some land and building duties e.g. fuel line work self/contract land
S building
S Coordinates the delivery of fuel to Family Island Stations by maintaining
fuel supply statistics and liaising with vendors to arrange shipments
* Prepares technical reports with regards to the performance of plant
equipment and assignments. This includes reports such as: defects report,
performance, and assignment progress reports
Job requirements include:
* Successful completion of Ordinary Technical Diploma Program (Plant
Mechanics Fluids and Hydraulics)
S A minimum 4-5 years of experience
+ :. Knowledge of electrical, schematics, circuitry and equipment to maintain .
e and repair electrical and auxiliary equipment as needed
o q Ability to interpret various plant systems and equipment schematics in
terms of mechanical function
tr bKnowledge of Excel and AutoCAD software for statistical reports
components and technical drawings
! Proficiency with specialized tools, statistics such as: precision line
measuring devices (e.g., micrometers, dial gauge indicators, etc.),
S machining tools, and equipment specific tools (e.g., hydraulic bolt
tensioners, etc.)
u eBasic planning management skills

Interested persons should apply by completing and returning an Application Form to: The Manager
- Human Resources & Training Department, Bahamas Electricity Corporation, Blue Hill &
Tucker Road, P. 0. Box N-7509 Nassau Bahamas on or before: Monday. November 24. 2008.


;I-. ,,


AP GE 8 MONDAY NOVEMBER 8


r,.- -.1-


THE TRIBUNE







I 1t I r-IUIlI-


LOANW


Minister of Health highlights the


contribution and importance of nurses


* By MATT MAURA
Bahamas Information
Services

NURSES are the backbone
of the healthcare system in The
Bahamas and without them the
system "would likely collapse,"
claims Minister of Health Dr
Hubert Minnis.
Addressing the 32nd annual
Nurses Association of the Com-
monwealth of The Bahamas
Conference which opened
Thursday in New Providence,
Dr Minnis said nurses have
made many meaningful contri-
butions to the delivery of health-
care in The Bahamas, not only
at clinical level, but also at the
administrative level.
Dr Minnis said nurses are
unique in that they deliver
healthcare to people in all set-
tings "whether it is in homes,
hospitals, community clinics,
schools, worksites or institutions.
As a matter of fact, wherever
people are found."
"Nurses start the delivery of
healthcare as they screen
patients, assess their conditions,
establish their vitals and begin
the process of observation and
evaluation," Dr Minnis said.
"Physicians have come to rely
upon their accurate assessments,
observations and nursing diag-
noses.
"I have a great deal of respect
for nurses (as they) are a
cadre of healthcare
professionals who provide
health service to patients/clients
24 hours each day," Dr Minnis
added.
Dr Minnis said nurses face
many challenges in "delivering
healthcare .of the highest cali-
bre."
He said these include rising
costs of healthcare, increasing
consumer expectations and
demands, ageing populations,
nursing shortages, natural and
man-made disasters, new and
re-emerging diseases, a rise in
chronic, non-communicable dis-
eases and the need to focus on
community-based care.
The minister said despite the


-IT


ca"


MINISTER OF Health Dr Hubert Minnis (seated centre) addressed the opening session of the 32nd annual Nurses
Association of the Commonwealth of The Bahamas (NACB) Conference held last Thursday at Workers' House. Dr
Minnis lauded nurses for their many contributions to healthcare in The Bahamas. Seated (from left) are: Perse-
phone Munnings (NACB), Stephanie Poitier (NACB), Mrs Marcel Johnson, acting director of nursing, Dr Minnis,
Prescola Rolle, president, NACB, Rosemarie Josey, president-elect, NACB, and Ms Mary Johnson, former director
of nursing. Standing (from'left) are: Dominique Rox (NACB), Lisa Stovel-Rolle (NACB),.Nancy Lightbourne (NACB),
Jennifer King (NACB), Millie Brooks (NACB), Andrea Nottage (NACB), Rebecca Johnson (NACB), Karol Mackey
(NACB), Sherry Pinder (NACB) and Judy Bridgewater (NACB).


challenges, nurses "have led the
way" in the Expanded Pro-
gramme on Immunisation -
which has always been managed
by nurses and which, he said, is
the envy of "many in the
region."
"Our immunisation coverage
has consistently ranged from 86
per cent to 99 per cent (which is)
truly a magnanimous accom-
plishment for a small country
with limited resources," Dr Min-
nis added.
Dr Minnis said that in "appre-
ciation" of the important role
nurses have played and continue
to play in the delivery of quality
primary healthcare, the govern-
ment provided an allocation in
the 2008/9 Budget to support
the studies of 25 new nursing
students at the College of The
Bahamas for the Fall semester.
"Additionally, we supported
the reinstatement of ten nurs-
ing students who had to with-
draw for various reasons from a
previously approved grant."
Dr Minnis said the Cabinet
liad approved the engagement


of a consultant to co-ordinate
the Community Health Nursing
Diploma Programme at COB.
He said the government,
through its agencies the
Department of Public Health
and the Public Hospitals
Authority is "supporting" 18
registered nurses/midwives in
this programme.
"I am told that these nurses
are expected to graduate from
the programme next year and
will join their colleagues in pub-
lic health in New Providence,
Grand Bahama and the Family
Islands, to lead the way in deliv-
ering quality healthcare to all
citizens of The Bahamas," Dr
Minnis said.
"I am pleased to say that qual-
ity healthcare has been deliv-
ered to our people in The
Bahamas for decades and that,
yes, nurses have led the way and
to say that the government and
people of our country owe a
great debt of gratitude to nurs-
es," Dr Minnis added.
Almost 200 nurses from the
public and private healthcarq


systems in New Providence,
Grand Bahama and the Family
Islands attended the one-day
conference held under the
theme: "Nurses Leading the
Delivery of Quality Healthcare."
Nurses Association of the
Commonwealth of The
Bahamas president Mrs Presco-
la Rolle said the objective of the
conference was to empower
nurses to develop effective lead-
ership skills to enable them to
further deliver quality health-
care.
She said the conference
afforded nurses the opportunity
to identify leadership styles,
roles and qualities, recognize the
correlation between effective
leadership and quality service,
outline specific activities of the
nurse in maintaining quality in
the provision of healthcare,
explore the provision of prima-
ry healthcare in various nursing
disciplines and share best prac-
tices, all with a view to ensur-
ing that the greatest quality of
healthcare is provided to all sec-
to>,,if,-ocicfy.)l\ .. :., "-,.


Royal Bahamian Resort & Offshore Island

Invites application for the position of:

DIRECTOR OF
ENTERTAINMENT

The applicant should have the following minimum
requirements

* Five years experience as an Entertainment Director in
a Hotel Environment.
* Must Have excellent communication skills and effective
public speaking skills
* Ability to conceptualize and demonstrate a high degree
of original creative thinking
* Ability to work collaboratively with corporate
colleagues and staff to create a result driven, team
oriented environment.
* Proficiency in use of computer software applications
* Ability to develop and implement a cohesive guest
activities and entertainment program.

Applications should be email to:
., : ,, .. cmajor@grp.sandals.com -


Drive.
In the Subaru Forester.
you will find high levels
of comfort, utility and
style. Each control is
thoughtfully positioned
to best connect the
driver to the vehicle.
Complete with precise
steering and potent
acceleration, the Subaru
Forester delivers the
performance to bring
pleasure to any drive.


IVIUNIAYI, IINUVtlVIDEM I I, -UUO, rM.L- ,3







PAGE 10, MONDAY, NOVEMBER 17, 2008


THE TRIBUNE


LOA NW


CHRISTENING THE BOHENGY II


PHOTOS: Felipe Major/Tribune staff






SD ELTA.
Inspiration for your kitchen & bath!


* By CHESTER
ROBARDS
Tribune Staff Reporter
BAHAMAS Ferries broke
the traditional champagne
bottle to christen the newest
addition to their fleet, the
Bohengy II, at their main
office on Potter's Cay Dock.
According to Bahamas Fer-
ries' chairman Craig Symon-
ette, with the addition of a
new state of the art vessel will
come a state of the art depar-
ture lounge.
Mr Symonette said the com-
pany is not happy with its pre-
sent facilities under the bridge.
"The most critical hold back
to our present operation
remains our Nassau Harbour
facilities. Potter's Cay, our
present location, is severely
strained, and Bahamas Fer-
ries is certainly not proud of
our present facilities...What
we envision is a modern air-
port-style departure lounge
where passengers are ticket-


ed and checked in on the
upper level, whilst the likes of
forklifts, cars, trailers and
heavy equipment 'take place
at the lower level," said Mr
Symonette. "We feel that this
is a must for this harbour.",
Speaking on behalf of Prime
Minister Hubert Ingraham,


Minister of National Security
Tom lmy Turnquest lauded the
company for taking a risk in
their line of business and con-
tributing and supporting local
entreprIneurship.
"In transportation, as in
every sector of our economy,
the importance of small and


THE WIFE of the
late Franklyn Butler
Sr, a former partner
of Bahamas Ferries,
cuts the ribbon
during the official
launch ceremony
for The Bohengy
11. Behind are
Minister of National
Security Tommy
Turnquest and
Bahamas Ferries
chairman Craig
Symonette.


medium-sized businesses can-
not be overstated. Indeed the
appearance and sustainabili-
ty of small and medium sized
businesses is an important sig-
nal of a healthy economy,"

SEE page 11


$FINE BUILDERS HARDWARE & PLUMBING&
Established 1951
Dowdeswell Street Tel: 322-1103


MINISTER OF NATIONAL
SECURITYTommy Turnquest
sits in the captain's chair
during a tour of the vessel.


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Office of Research, Graduate
Programmes & International Relations


TOPIC, 'lThe Link thet n ., Violence and Pet Care
I)ATE; i .sd&. .. h &..' i *S'
T"IM E: U 2 n i

I I i""I' ,>i P ,li- ....

PRI '. *",TER.: William .

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l,' ,a higher l ,T.vdls of iiri'nti, al
i, ; : ,. ! ', :i, M o., ri..;i niii ci rinigofpect c ; m Iy
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MONDAY, NOVEMBER 17, 2008, PAFG: 11


____________I_ _L OL II


CHRISTENING THE BOHENGY II


*~
~ L.


FROM page 10


said Mr Turnquest.
He revealed that govern-
ment is going ahead with plans
to refurbish the Eleuthera ter-
minals, both on the mainland
side and at Harbour Island.
"We will make them some-
thing worthy to match
Bohengy II," said Mr Turn-
quest.
Mr Symonette pointed out
that the government had sup-,
ported the company even
when it presented a somewhat
controversial application for
permission to allow foreign
equity owners because it did
not have the capital to begin
this type of transportation.
"Tonight, it is with a certain
degree of pride I would like
to now inform your govern-
ment that while Bahamas Fer-
ries has never paid a dividend,
we have in fact repurchased
the overseas equity...and
tonight we represent a truly
Bahamian corporation," said
Mr Symonette.
"At the same time we have
been able to add two addi-
tional Ropax Ferries which
are at the end of the pier, in
addition to The Bohengy I
and The Bohengy II."
He thanked team members
for making an 'on time' and
'on budget' delivery and gave
honourable mention to Mr
Ingraham who was prime min-
ister when the company
began.
"First Mr Minister, I must
thank your administration and
particularly Prime Minister
Hubert Ingraham," said Mr
Symonette.
"It was just over ten years
ago that Mr Peter Vlasov, Mr
Tyronne Sawyer, who is here
with. us tonight, and myself
made a presentation to your
first administration to allow
us, Bahamas Ferries, to intro-
duce high-speed waterborne
transportation to Spanish
Wells and Harbour Island."
The ribbon-cutting ceremo-
ny, signalling the official open-
ing of.the Bohengy II, was
performed by the wife of the
late Franklyn Butler a for-
mer .partner in,the company.


THE LOWR.K e e


..... i
MINISTER OF NATIONAL SECURITY Tommy Turnquest is shown around the new vessel by Bahamas
Ferries chairman Craig Symonette.


Trinity Methodist Church
Annual -

HOLIDAY (K




MI1 I *FA II



Saturday 29th November 2008

S 12 noon 6:00 pm


i. j.
....,..'.;.-. --




















Church Grounds Frederick Strep!
& Trinity Place
Adequate Parking with Security,
off Frederick Street.


)lIoymei


Roles in Finance and Accounting
Due to the changed business environment, growth in business operations as well as
significant level of investment in the Company 'several opportunities exist for seasoned
financial professionals.
Project Controller
Reporting to the Capital Projects Manager, you would have a functional line to the Senior Controller. As
Project Controller you are responsible for the financial accounting and controlling of the Capital Projects.
Managing and balancing budgets, project cash flow and the financial reporting related to the Capital
Projects. You will have a Bachelor'sdegree in Accounting or Finance with a CA or CPA certification.
You will have several years of experience in an accounting and controlling role. You preferably have
experience controlling large projects. You are pro-active, accurate and have an eye for details. You are
a strong conununicator and are able to deal with people at different levels in different functions both
inside and outside of the Company.

Roles in Project Management & Engineering
To manage the various significant Capital Projects, Vopak Bahamas is setting up a
professional Project Management department. The department is headed by the Capital
Projects Manager who also is a member of the Vopak Bahamas Management Team.

Project Coordinator
Reporting to the Capital Projects Manager, you are responsible for planning and coordinating all activities
related to the execution of large capital projects and coordinating and expediting all site works carried
out by contractors. The aim is to ensure safe, timely and on budget delivery of these projects. You play
an important role coordinating between the project team and the rest of the organisation as well as with
contractors and sub-contractors. You will have a strong technical background, a BSc engineering degree
with 5 to 10 years of relevant experience, coupled with excellent verbal and written communication skills.
You will be able to prioritize, manage multiple tasks and take decisions under pressure. You will have
had experience negotiating with and managing contractors/vendors and monitoring the execution of large
capital projects. Experience within storage tank construction, marine constructions and/or the (petro)
chemical industry is preferred.

Contract Administrator / Plannmier
Reporting to the Capital Projects Manager, you are responsible for managing awarded construction
contracts for Capital Projects and safeguarding the company against excessive claims for extra work etc.
You will support the Project. Coordinators in managing the logistics of all ongoing projects to ensure all
projects are executed smoothly and mitigate project delays. You will make detailed project plans, measure
progress, and assist in progress reporting. Where required you will also liaise with contractors and other
departments in the company. You will process and manage contractor claims, file counter clams where
appropriate, control change-order process, take minutes of meetings etc. You are likely to have a legal
background or at least have a strong affinity with legal work and probably have worked within claims
management, department within larger construction environments. You will also have a sound understanding
of construction projects and related engineering aspects, with several years of relevant experience in
project planning and execution. You are familiar with project planning tools such as Primavera or MS
Project. You will be methodical and precise, taking a pro-active approach to identify and remove potential
'roadblocks' before they occur. You will be outgoing and an excellent communicator both orally and in
writing. You will be punctual and have a strong eye for detail whist maintaining clear sight of the bigger
. picture; You will be able to work under pressure and be able to manage and hold your own in difficult
situation s. You are a team player and are able to develop creative solutions to balance potentially conflicting
priorities.


it Opportunities ci

".. .. ,' : ... .. ,X


S... .-

-^U ... ...., ,


Chief Project Engineer
Reporting to the Capital Projects Manager, you are responsible for ensuring the execution i thii
Capital Projects per design and meets required specifications and standards: Furthermtnnc No w '
responsible for coordinating with contractors and others on engineering matters. This co\w i 1,: *l
mechanical and civil as well as E&I engineering activities. You will have a technical backgdsnmi1.
most likely with a Bachelors degree in mechanical and or electrical engineering. You \\ ill It i' c
more than 5 years of experience in relevant project work and are both able and comfortable deal!
with contractors and specialists in all areas of construction. Experience in tank conswlii ii! ,
similar industry is strongly preferred. You will lead a team of Quality Control and Assurane (r"
Engineers specialised in the various, engineering areas for the day to day QC in the field.

Quality Control and Assurance Engineers
Reporting to the Chief Project Engineer, as QCA Engineers you are specialised in a spea ci!'
of mechanical, electrical or civil construction. You are responsible foi the day to day mnonil,, i"ho
and supervision of construction activities in the field and the inspection and validation of e:-. i!
work, ensuring it meets design and specifications. You will also have a strong eye for safely slm,,i!;(l;
and safety awareness demonstrated in the execution of the activities.You will have a: Ic,. hiii'
background and will be qualified' in one of the three engineering disciplines: mechanical., t i! ,1
electrical & instrumentation. You will have several years of experience in supervising comt nY, i u
activities and performing quality inspections.
To support the refirbishmunent of our existing facilities and prepare for growth w'e are ; lso c ..
to strengthen the capabilities of odr Maintenance department.

Maintenance Manager
Reporting to the Technical Operations Director, you will be responsible for all technical & cengincA nPn
aspects of maintaining the technical integrity of existing facilities (both for land and marim . '
Besides performing basic engineering tasks, this also entails developing technical scopes liFr n I oj, ,
and executing these projects with outside contractors. Additionally you will assist the Main i1, ki '
Manager with development and implementation of long term maintenance strategy, main( a ...
.plans and maintenance budgets. You will coordinate the execution of maintenance acti ili,,' '. ,,,.
other departments-(commercial and operations) to ensure minimal disruption to ongoing opcri.ioils (it
will have at least a Bachelors degree in mechanical engineering and have at least 5 years ol wiK ,l
experience within industry. You will have a sound understanding of modern mainlit n.
strategies.You will be a highly energetic individual and able to interact with differcit dk'1;iinr i .
A specialist in your field you still are able to see the bigger picture and prioritise acenmdiilx







G F fl n-e L .. ,Fr- e.s:t
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of raead edr Apyhloia assmntmyb pr f h erutet^rds
Curet*mpoyesar* as iviedtoaplytotes psiiosAl ifrmtin u i*pi ^,
wilbetete*onietily
Appicnt ae o b aar tatanyinuiy ad byteepon o *td **,`


J


_ _C I I _~a __~L~


THE TRIBUNE







PAGE 12, MONDAY, NOVEMBER 17, 2008


THE TRIBUNE


LOCAL0NEWS'I


N PTA MEETING


SAN SALVADOR High School will hold a PTA meeting at
the school tomorrow beginning at 6.30pm.
All parents and guardians are asked to attend. Refresh-
ments will be served.






Are you interested in studying Law? Holborn College
in conjunction with the University of Huddersfield is
currently accepting students for the January session.
This degree is especially designed to meet the needs
of working individuals and can be completed in as
little as three years.











Royal Bahamian Resort @ Offshore Island

Invites applications for the positions of:


Assistant Managers,

Departmental Managers,

Supervisors

Applicant must have at least five years
experience in the Hospitality Industry, excellent
communication, organizational and
interpersonal skills must be able train and
motivate team members, good track record in
Managing people able to establish and maintain
high standards. Formal qualifications and
computer skills desirable, be able to work
flexible and long hours.

Fax or email resumes with proof of
qualifications and experience to
cmajor@grp.sandals.com
Fax 677-6828

Closing date November 21, 2008.


FROM page one


the statement read: "Whatever polit-
ical balance means in article 40, I
am wholly unpersuaded that it is syn-
onymous with membership in a
political party as Mr (Paul) Adderley
insists. That is too narrow a view
and, in any event, following the tor-
tuous discussions that were pursued
by the framers of the constitution in
1973, the final instructions to the
draftsman was 'political balance' and
not 'membership in a political party'.
"It is common ground between
parties that the effective power to
appoint the three senators under
article 39(4) lies with the prime min-
ister and that his duty to consult does
not require him to select from a list
conceived by the Leader of the
Opposition, as Mr Adderley sug-
gests.
"Accordingly, in my view, in the
context of matters presumably with-
in his own knowledge, the prime
minister was correct when his letter
of the 18th. May, 2007, to the Leader
of the Opposition he stated: Article
40 does not require the prime min-
ister to put forward the names of
persons who are members of one
particular political party."
The opposition party was seeking
to have Mr Ingraham's appointment
of Tanya Wright made invalid along
with Mr Musgrove.
However, the Chief Justice deter-
mined that Mrs Wright had no
strong FNM affiliation as was sug-
gested by the opposition.
Mr Musgrove, on the other hand,
was determined by the court to be a
strong supporter of the FNM and
thus did not represent political bal-
ance.
Mr Ferguson's statement revealed
that Mr Ingraham and Mr Christie
exchanged several letters in May
regarding the appointment of the
three remaining senators.
In a letter to Mr Ingraham dated
May 8, 2007, Mr Christie suggested
that the remaining three senators
had to be representatives of his par-
ty, nominated by himself.
In Mr Ingraham's response dated
May 17, 2007, he rejected M1r
Christie's claim and offered to
appoint one person of the opposi-
tion leader's choosing, and suggested
Mr Musgrove and Mrs Wright be
considered for the two remaining
seats.
The next day Mr Christie
responded: "Since neither Mrs
Wright nor Mr Musgrove is a mem-
ber of the PLP...I cannot possibly
agree and do not agree to either of
the them being appointed."
According to the statement, Mr
Christie then suggested that Michael
Halkitis, Raynard Rigby, Fayne
'Thompson and Ricardo Treco be
considered by Mr Ingraham as
appointees for the three Senate posi-


taneSH Og lillli e lost shoubl offer 'direct subvention'


appointment
tions.
Mr Ingraham responded to Mr
Christie the same day, stating that he
would only appoint Mr Halkitis per
Mr Christie's proposal, but that he
intended to uphold his appointment
of Mrs Wright and would consult
with Mr Christie regarding the final
.position.
Two days later Mr Christie restat-
ed his position that Mr Ingraham
was obligated by constitutional law
to fill the three remaining Senate
seats with PLPs.
Mr Ingraham fired back immedi-
ately saying he was not prepared to
advise the Governor General to
appoint anyone recommended by
Mr Christie apart from Mr Halkitis.
He proposed to Mr Christie that he
would appoint Leslie Miller, former
MP for the PLP, as the third senator
in addition to Mrs Wright and Mr
Halkitis.
Mr Ingraham then gave Mr,
Christie until the following day for
further consultation, "as parliament
was soon to open."
Following Mrs Wright's appoint-
ment to the Senate, Mr Christie
brought an action in the Supreme
Court, calling the appointment
unconstitutional.
Mr Christie then brought an
action in the Supreme Court after
Mr Musgrove's appointment to the
Senate earlier this year, again calling
it unconstitutional.
"Whilst the FNM is disappointed
with the view of the Chief Justice as
to the propriety of the appointment
of Mr Musgrove, it is pleased with
the Justice's acceptance that: The
decision as to who should be the
three senators to be appointed to
the Senate is that of Mr Ingraham
and not Mr Christie; the prime min-
ister was not obliged to appoint the
persons on any list prepared by Mr
Christie and the prime minister is
not required o appoint members of
the PLP as the three senators," said
the statement.
It is not yet known whether the
PLP will appeal the Chief Justice's
ruling with regard to Mrs Wright.


FROM page one
nishing of money by a government
or some other authority in aid or
support of an institution or under-
taking.
When the government was con-
sidering creative ways to help people
retain their jobs, Minister of State
for Finance Zhirvargo Laing said
that government has sufficient ini-
tiatives on stream to help Bahami-
ans weather the economic turbu-
lence, as outlined in the prime min-
ister's televised address on the state
of the economy last week.
"I think (the prime minister) has
reflected what the government's
thinking is at this time. We don't
know where this matter is going, so
we have to be very careful, very
measured in terms of any response
we make. When you are faced with
an uncertain economic environment
that could get worse, you have to
be measured in terms of what you
do, because if you extend yourself
fully now, if things get decidedly
worse, what will you do then? I
think we have the right position giv-
en the circumstances today," he told
'The Tribune.
Last week, Kerzner International,
parent company of the Atlantis
Resort and Casino, let 800 employ-
ees go, citing the global financial cri-
sis and low occupancy rates.
The week before, Baha Mar laid
off seven cocktail waitresses at the
Wyndham Resort and Casino,
putting them on a four week on,
four week off work schedule.
Recently, more than 40 employees
from the hotel's line staff were made
redundant and over 40 employees


Former i

FROM page one

The unemployment fund,
designed to assist the unemployed
and under-employed for up to a
year, comes from the National
Insurance Board's Medical Ben-
efits Reserve valued at more than
1f00 million NIBT officials


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minister


revealed.
Yesterday, Minister of State
for Finance Zhivargo Laing said
the government would not imple-
ment a scheme unless it was sus-
tainable but added that one could
not speculate on the effectiveness
of the programme until specific
details were released by the prime
minister.
"The government would only
contemplate something that was
sustainable and that has actuarial
backing and logistics for it;
Because in all that we are con-
fronted with we cannot in any
way jeopardise the stability and
integrity of the government's fis-
cal situation because that will only
further endanger us," he told The
Tribune.
But Mr Smith contends the
fund will not'go far enough in
helping locals meet their basid
needs. "The (unemployment
assistance) helps, but with the
minimum wage you're not even
covering mortgage payments
much less food. So we have a
deeper problem. That's only a
small assistance. I think what we
really need to focus on is creating
jobs and retaining jobs and grow-
ing the economy," said Mr Smith..
He added that while the gov-
ernment's plans to tackle the eco-
nomic downturn such as the
acceleration of capital projects
and financial assistance plans -
are "laudable" they will not be
viable in the long term.
"The government has started
to do some things which are laud-
able, the acceleration of capital
projects and assistance handouts,
but the point is .it's not sustain-
able. The government itself will
be running a larger deficit and
it's only so much money they can
borrow or give out. So there
needs to be a look at other ways
of keeping the economy afloat
for at least another 18 months."
One way to create more rev-
enue for the government would
be the sale of public assets like
BTC, and the government's stake
in Bank of the Bahamas, he
added.

Family 'fight'

FROM page one
When officers arrived they
found a man lying on the ground
with a stab wound on the left side
of his chest, Asst Supt Walter
Evans reported.
EMS personnel were called
and pronounced the victim dead
at the scene.
This was the 68th homicide for
the year in the Bahamas.
Police believe the victim was
involved in an altercation with a
close relative earlier that evening.
Yesterday, CSP Miller told The
Tribune that a relative of the vic-
tim was assisting police with their
investigations and could be
arraigned on formal charges as
early as tomorrow.
Police are also investigating a
double stabbing in the area of
Market and King Streets which
left a 31-year-old Woodes Alley
resident with wounds to the chest
and right side of his neck and a
28-year-old Andros Avenue resi-
dent with head wounds.
ASP Evans reported that short-
ly after 7pm on Friday, the two
men were involved "in a verbal
exchange" which resulted in both
receiving injuries.
Just how the altercation began,
remains unclear, ASP Evans said,
but both men are detained in hos-
pital in serious condition.
ASP Evans added that the
weapon used in the attack was
unknown. ..
Investigations continue.


ED BATH & HOME


, V 1 ,


.


from the Sheraton Hotel were ter-
minated.
Increased lay-offs in the hospital-
ity sector of which more than 50
per cent of the local workforce is
employed will lead to droughts in
the retail and wholesale areas and
lead to defaults on consumer debts,
Mr Smith said.
"It's all connected because more
than 50 per cent of our labour force
works in the tourism sector and they
in turn, when they get paid, obvi-
ously spend that in the local econo-
my, supporting retail, and wholesale
establishments so it's going to be a
lag before you feel the effect of that.
Even losing your jobs means out-
standing credit for instance, people
using credit cards, they're not going
to make those repayments and so
credit card payments will likely dry
up as well even though the credit
overhang will still be on the unem-
ployed person.
"That's why I think digging our-
selves out of this will be more than
just a resumption of jobs, even if
there is a turnaround in the United
States, because many households
are really further in debt than we
think.
"This is a crisis unlike anything
we've seen before downturns fol-
lowing 9/11 or in the early 1980s
were all very short-lived and we ben-
efited from events in other parts of
the world forcing Americans to trav-
el closer to home. But I think what
we are seeing, on top of the Ameri-
can crisis, is a global crisis and a lack
of confidence on the part of all con-
sumers," he said.




MONDAY, NOVEMBER 17, 2008, PAGE 13


(Excluding Net Items and New Arrivals)
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THE TRIBUNE
COMING
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Africa fails Zimbabwe: Another burden for Obama


* By Sir Ronald Sanders

AF O R M E R
Caribbean Head of
Government, who should know,
told me a few months ago that
the only way Robert Mugabe is
leaving Zimbabwe is "feet first."
In other words, Mugabe will die
before relinquishing power in
Zimbabwe.
As conditions in Zimbabwe
rapidly deteriorate, I have been
reminded of that former
Caribbean leader's words. Zim-
babwe is already a fully failed
state; life itself has become a
daily lottery for the majority of
its people who are being starved
or brutalised. It is obvious to
all that Mugabe should hand
over power to Morgan Tsvan-
girai who, by all objective
accounts, won the March 29th
elections. Yet, Mugabe, with the
help of the leaders of his mili-
tary, holds on to power with a
vice-like grip.
Mugabe's regime has used
the vilest tactics to punish peo-
ple, particularly women, who
have supported Tsvangari's
Movement for Democratic
Change (MDC). AIDS-Free
World, an advocacy group
founded by Canada's former
United Nations Ambassador,
Stephen Lewis, has collected
testimony from women who
survived organised gang rapes
by members of Mugabe's
ZANU-PF party after he lost
the March elections. The
women give horrific accounts
of multiple rapes and brutal
beating by gangs who openly
identified themselves with the
ZANU-PF. The group reports
that "many of the women still
have unhealed wounds five
months later, since Zimbabwe's
medical system has entirely
ceased to function, and all need
HIV tests."
It has to be recalled that
Zimbabwe was once a flourish-
ing country that not only fed
itself but exported food to many
neighboring African states and
other commodities to the world.
Today, 5 million of the 9 mil-
lion people who remain there
are dependent on food aid.
Almost four million Zimbab-
weans have fled into neigh-
bouring states, particularly
Sduth Africa where they eke


insight

WORLD VIEW. -


out a living and where there
have been incidents of beatings
by South Africans who regard
them as a.threat to jobs.
Inflation in Zimbabwe is cur-
rently running at 230 million
per cent. It is a figure that
defies comprehension. A good
indicator of what that means is
that, if inflation in any
Caribbean country rises over 10
per cent, everyone would be
mortified about the cost of liv-
ing. In the year running up to
the March elections and since
then, the former President of
South Africa, Thabo Mbeki, has
tried unsuccessfully to broker a.
power-sharing deal between
Mugabe and Tsvangirai. His
attempts have been a miserable
failure.
Tsvangirai's MDC party
understood that a power-shar-
ing deal, heralded in Septem-
ber with much fanfare, meant
"striking a fair balance of pow-
er of all ministries in the unity
government and sharing diplo-
matic appointments and assign-
ing key government posts."
But, Mugabe kept control over
both the military forces and the


police, and when a meeting of
key leaders in Southern Africa
was called in October to try to
resolve the issues, Tsvangirai
could not attend because the
Mugabe regime refused to issue
him a passport.

Emergency
As conditions worsened in
Zimbabwe, the leaders of the
Southern African Development
Committee (SADC) held an
emergency meeting on Novem-
ber 9th to address the issue.
Again, it was a spectacular fail-
ure. Only 5 of the 15 Presidents
turned-up. They listened to pre-
sentations by Mugabe, Tsvan-
girai and Arthur Mutambara,
the leader of .an MDC splinter
group, and then asked them to.
recuse themselves from the
meeting. Tsvangirai and
Mutambara left, but Mugabe
flatly refused to leave the room.
He, therefore, participated in a
decision that materially affected
him. The decision, when it
came, was a complete nonsense.
It insisted that a power-sharing
government should start to
function immediately and that
the Ministry of Home Affairs
should have two ministers, one
appointed by Mugabe and the
other by Tsvangirai.
So it seems the SADC
mountain went forth and pro-
duced a mouse, and it wasn't
even a mouse that pretended to
roar. No riot act was read to
Mugabe, no threats of sanctions
were made, no declaration was
uttered that his regime would
be isolated by SADC if he did
not comply with a supervised
power-sharing arrangement. All
that SADC succeeded in doing
is continuing Mugabe's misrule
and the further worsening of
life for all Zimbabweans. Natu-
rally, Tsvangirai has rejected
the decision altogether.
So with an abdication of its
responsibility to the people of
Zimbabwe, SADC has left Zim-


babwe to its own fate. It is a
fate that can only bring more
starvation, more refugees, a
worsening of the economy and,
sadly, more brutality against the
Zimbabwean people and more
bloodshed.
Thus far, the developed
nations of the world have left
intervention in Zimbabwe to
the Southern African countries
and particularly South Africa
for fear that Mugabe would
accuse them of racism. Mugabe
has ranted and raved at the
British government in particu-
lar, and at other governments,
including the United States,
accusing them of punishing him
over seizure of lands owned by
white farmers. But, of course,
Mugabe's reign of terror is now
directed at the black Zimbab-
wean people. What is happen-
ing there is naked abuse of pow-
er and the most awful brutali-
sation of native people.
SADC and all of Africa -
cannot assail the world's devel-
oped nations if their govern-
ments decide that intervention
in Zimbabwe is now essential
to stop a humanitarian crisis of
major proportions. SADC lead-
ers had a great chance to show
that Africa could manage its
own crises firmly and success-
fully. They blew. it.
Fortunately, once Barack
Obama assumes the Presidency
of the United States of Ameri-
ca, if the US government
decides to join with others,
through the UN Security Coun-
cil, to free Zimbabweans of
Mugabe's dictatorship, the accu-
sation of racism would be a hol-
low cry.
The Caribbean should hope
that Obama will give Zimbabwe
early attention. For not only will
his attention bring relief to mil-
lions of Africans, it will also
help to ensure that a major por-
tion of aid money, which the
Caribbean would welcome,
does not have to be diverted to
rebuilding Zimbabwe after
Mugabe's spree of destruction.
Responses to ronald-
sanders29@hotmail.com to:ronaldsanders29@hotmail.co
m>
(The writer is a business con-
sultant and former Caribbean
diplomat)


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THE TRIBUNE


PAGE 14, MONDAY, NOVEMBER 17, 2008


Visit our Showroom & Office Located at the Red Carpet Inn, East Bay Street
Open Monday Friday 9:00 a.m. 5:00 p.m. I







PAGE 15 MONDAY, NOVEMBER 17, 2008


THE TRIBUNE


NOVEMBER 17, 2008


7:30 8:00 8:30 .9:00 9:30 10:00 10:30

The Best of the Antiques Roadshow "Milwaukee, Jackie Onassis: An Intimate Por- American Experience A new look
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P 1


Djokovic wins Masters Cup title


M By PAUL ALEXANDER
Associated Press Writer


SHANGHAI, China (AP) -
Novak Djokovic's victory cele-
bration turned out to be more
dangerous than his opponent.
Jubilant after overwhelming
Russia's Nikolay Davydenko 6-
1, 7-5 in the Masters Cup final
Sunday, Djokovic tossed just
about everything in reach -
two rackets, wristbands and his
sweat-soaked shirt into the
cheering crowd at Qi Zhong sta-
dium.
Then he headed to the play-
ers box, where his coach, fami-
ly and a former Miss Universe
were standing and cheering. A
joyous group hug ensued, and
they all bounced up and down


together, reveling in the Serb's
first title in six months.
But when Djokovic walked
away, he realized he had cut his


left hand somewhere in the joy-
ous melee. It wouldn't have
been good form to drip blood
on his new trophy, so he had to
ask the trainer to apply a ban-
dage before the awards cere-
mony.
"You don't feel the pain in
the moments of happiness," he
said.
The victory provided
Djokovic with perfect bookends
to his year. He won the Aus-
tralian Open in January for his
first Grand Slam.
And that cut? Not serious,
and he has plenty of time to
heal before starting 2009 and
think about how close he is to
breaking the stranglehold that
Rafael Nadal and Roger Fed-
erer have had on the top two
spots in the rankings since mid-
2005.
Federer, who says it doesn't
sound right to hear himself
introduced as No. 2 in the world
after spending a record 237 con-
secutive weeks at the top, is
intent on taking it back from
Nadal.
He better watch his back.
Djokovic's victory his first
since the Rome Masters in May
- pulled him within 10 points
of Federer's total of 5,205, and
the Swiss star's aching back,
which caused him to pull out
during the Paris Masters two
weeks ago and tightened up on
him here, is worrisome.
Nadal is' 1,470 points ahead
of Federer, but the sore knee
that caused him to stay away
from Shanghai also is keeping
him out of next weekend's
Davis Cup final between Spain
and Argentina.
Still, making gains will be no
easy feat since Djokovic will
have to defend his titles early
in the year at the Australian
Open and Indian Wells..
Djokovic, who complained
that his heavy schedule in 2007,
his breakthrough year, left him
exhausted, also seems to have
found a magic elixir that helped
him recover in less than 20
hours from his draining three-
hour semifinal.
"The secrets of the recovery,
I think I'm going to keep more
myself," he said, smiling. "But,
yes, I was surprised in a way
that I could move so well.on the
court today. I was a bit. skeptical.


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I :, I;.,A-,

ri Ii w11
NOVAK DJOKOVIC (holding trophy) celebrates his finals win over Nikolay Davydenko in the 2008 Masters Cup,,,
Sunday in Shanghai, China... .


after a long match yesterday
and a late finish."
Instead, it was Davydenko
who was left looking out of
sorts.
Djokovic was sharp from the
start. He won the first five
games, allowing Davydenko
only six points.
While the fans clearly favored
Djokovic at the start, they
roared when Davydenko finally
got on the board to pull within
5-1.
Djokovic, who said he
learned from his Masters Cup
debut year when he failed to
win a set in three matches, had
to fend off double break point
in the next game before finish-
ing off the set.
Davydenko saved two match
points while serving at 3-5 in
the second set. Djokovic, serv-
ing for the match, showed some
nerves, double-faulting on
break-point.
"It's not easy, you know,"
Djokovic said. "There is a lot
of pressure involved. It's very
important after not closing out
the match to hold your nerves,
and that's what I did."
Serving at 5-5, Davydenko
netted a forehand on break-
point. Djokovic didn't squan-
der the opportunity, easily hold-
ing to finish off the match.
Davydenko lamented that he
was far from his best. He only


got in 47 per cent of his first
serves and had just 15 winners
to 25 unforced errors.
"Against Djokovic you need
to be perfect," he said.
Djokovic called this one of
his best victories.
"I would put it in the same
league as a Grand Slam because
the best eight players in the
world are participating here,"
he.said. "It's a huge achieve-
ment for me."
The $625,000 and a Mercedes


SUV were nice, too. He got into(
the car, which was brought offWr'
court, and honked the horn. ;:i
Djokovic dedicated the vic-u1-::
tory to his family, support tea;,; 'wo
and fans back in Serbia, whO,A.
also were celebrating Nenadt,';':1
Zimonjic's title with Canada''i
Daniel Nestor in the doublels("'JI
final over brothers Mike andil'd1
Bob Bryan to clinch the yearL'-'(
end top ranking a spot Jeleu1'-'
na Jankovic wrapped up earlieili1fll
on the women's side. ,


., _. .

NENAD ZIMONJIC (left)'and teammate Daniel Nesto hold their trophies for .,)l
the doubles final. Zimonjic and Nestor won over Bob and Mike Br.,tr in,-In
straight sets... : :,' ii
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PAGE 16, MONDAY, NOVEMBER 17, 2008


TRIBUNE SPORTS


SI


A "


w~as~"rr~~ ~~~







TRIBUNE SPORTS


MONDAY, NOVEMBER 17, 2008, PAGE 17


LOCALSOT


WHILE Golden Gates
clinched the co-ed pennant on
Saturday, the men and 17-and-
under divisional titles will be
decided as the Baptist Sports
Council wrap up its 2008 Rev.
Dr. William Thompson Softball
Classic's regular season this
coming Saturday.
In a rematch of last year's
final, Golden Gates turned the
tables on defending champions
Macedonia with a 17-12 slugfest
on Saturday at the Baillou Hills'
Sporting Complex to take the
co-ed pennant after both teams
finished at 3-1.
In the men's division, Shaw
AME Zion doubled up Calvary
Deliverance 12-6 and Transfig-
. uration posted another shutout
'. with an 11-0 stoppage over
Faith United as both teams
, improve their front-running
records to 7-1.
On Saturday, Shaw AME
completes its regular season
against Faith United and Trans-
figuration meet Temple Fel-
lowship. Shaw AME would
have to win to avoid Transfigu-
ration winning the pennant.
The playoff picture would
also be complete as a result of
those two games as Calvary
Deliverance have the third spot
secured at 6-2 after they split
their double header on Satur-
day, winning 12-10 over Temple


Fellowship in their other game.
Temple Fellowship and Faith
United are tied at 5-3 in fourth
spot, but as a result of winning
in their head-to-head match-up,
Temple Fellowship have the
advantage to get in if they both
lose.
And in the 17-and-under divi-
sion, Macedonia finished at 3-1
and will be waiting the outcome
of the final two games between
Golden Gates and Faith United
and New Bethlehem against
Temple Fellowship.
Both Faith United and Tem-
ple Fellowship are 2-1 in sec-
ond, but only Temple Fellow-
ship have a shot at winning the
pennant, having defeated Mace-
donia in their head-to-head
meeting.
Here's a summary of the
games played on Saturday:
Golden Gates 17, Macedonia
12 (Co-ed): Batting around the
clock in the top of the fourth,
Golden Gates scored nine runs
to take control of the game and
clinch the pennant.
Ramon Johnson had three
hits with a RBI, scoring twice;
Renee Davis had four hits with
two RBIs, scoring three times;
Randy Wallace had three hits,
three RBIs and scored two runs
and Joyce Minus had two hits
and she and Nickie Major
scored two runs apiece.


Cardinal Gilbert had three
hits aind scored four times for
Macedonia. Brian Capron had a
pair of triples wirth three RBIs,
scoring a run and Ray Johnson
and Tonya Armbrister both
scored twice.
Transfiguration 11, Faith
United 0 (Men): Alexander
Bain just missed another per-
fect game, walking Weston
Saunders to lead off the top of
the third. But he finished with a
no-hitter, striking out seven,
including the side in the first
inning.
Collin 'Troppy' Knowles suf-
fered the loss, giving up six hits
in the first inning as Transfigu-
ration went on to score all of
their runs to secure., the abbre-
viated three inning affair via the
ten-run rule.
Batting around the clock,
Stephen 'Slugger' Brown was
2-for-2 with a RBI single and a
two-run triple, scoring both
times; Renaldo Russell had a
two-run homer; his father Eddie
Russell had a two-run double,
scoring a run and Ed Knowles
and Van Johnson both scored
twice.
Shaw AME Temple 12, Cal-
vary Deliverance 6 (Men):
Dwayne Stevens went 3-for-4
witrh four RBIS and a'run
scored; Garfield Bethel 2-for-
4; Shanta Albury had a two-run


triple, scoring a run and Dar-
ren Stevens was 1-for-4 with
two runs scored.
Maxwell Jenoure got the win
over Brad Wood Jr on the
mound.
Calvary Deliverance scored
all of their runs in the third, led
by Wood's double and sparked
by Floyd McKay's RBI double
and Clayton Rolle's two-run
double as they all scored.
Temple Fellowship 6, Golden
Gates 5 (Men): Addie Finley
had two walks and scored two
unearned runs, the last repre-
senting the winning run in the
fourth for Temple Fellowship.
Brian Armbrister had a two-run
triple, scoring a run.
Alfred Munnings got the win
over Peter Rahming-on the
mound.
Angelo Dillet and Randy
Wallace both had a RBI triple,
scoring a run and Vince
Williams and Preston Rahming
had a RBI single and Peter
Rahming a RBI double as
Williams and Preston Rahming
scored a run each.
Temple Fellowship 15, Gold-
en Gates 5 (17-under): Addie
Finley had a perfect 4-for-4 day,
just missing completing the
cycle with a home run, two dou-
bles and a single, driving in
three runs and scoring four
times to lead Temple Fellow-


ship.
Gerard Hepburn also had a
solo homer and Chad Burrows
had a hit and scored two runs.
Angelo Butler came in relief
of Zachary Rahming for the win
on the mound. Khayle Carey
suffered the loss.
Carey helped his own cause
with a triple, scoring a run and
Ramon McFall had a pair of
walks, scoring twice.
Here's a look at Saturday's


final week of regular season
play:
Field one 10 a.m. Temple
Fellowship vs Transfiguration
(M); 11 a.m. Calvary Deliver-
ance vs Golden Gates (M).
Field two 10 a.m. Golden
Gates vs Faith United (17); 11
a.m. New Bethlehem vs Tem-
ple Fellowship (17); Noon Faith
United vs Sliaw AME (M); 1
p.m. Faith United vs Temple
Fellowship (Co-ed).


NEW PROVIDENCE BASKETBALL ASSOCIATION


BS C

U By BRENT STUBBS ri
Senior Sports Reporter ta
bstubbs@tribunemedia.net er
ni
THE Electro" Telecom w
Cybots sent out a clear message in
Saturday night that they don't pr
just want to settle for. making fi
the New Providence Basketball
Association final again, to
They want to win the whole ga
hog. w
In a rematch of last year's g(
final, the Cybots stunned the fr
defending champions Com-
monwealth Bank 94-93 in the pi
feature contest at the Kendal be
Isaacs Gyinnasium as the rising m
young stars took over to enter,- th
tain the fans after the Legend's in
Classic was completed.
The final score was decided th
on a controversial play that put to
Delvonne Duncombe at the ot
foul line as he completed a "1
three-point play on goal tending o0
and a foul on Jimmy Mackey.
Electro Telecom celebrated tc
after the victory hs they stayed th
undefeated at 4-0 to snatch the
top spot in the league from the pr
Giants, who slipped to second in
with their first loss at 3-1. w
"The Giants are a pretty good cc
team, so it's always good when ei
you can beat them," said
Cybots' coach Wadye Watson. 3(
"Our guys are playing much le
better, than they did last year, an
so we envision that we will be cc


ybots

ght there. We had some men- added 12. C
1 lapses coming down to the son said it
id of the third and the begin- tested gam
ng of the fourth quarter, but gone either
e have some chemistry start- "The first
g to build so as the season that well. W
progresses, it's going to be dif- luster afte
cult to beat the Cybots." fought gami
While Duncombe turned out the night bi
D be the Giant' killer with his out.
ame winning basket, finishing "But the
ith 22 points, Electro Telecom the second 1
ot a big game on the inside and we had
om Marvin Barr. It just wen
The lanky center was able to tonight. TI
produce a side high 27 points good game.
before he fouled out with three Thompsc
minutes and 12 seconds left in will take it
he game with the Cybots hold- and as the
g a 82-76 lead. and they hi
"I felt I did an okay job. At they should
he end I fouled out and I had to defend th
o put it on the shoulders of the At the be
other guys," Barr reflected. didn't look
But they were able to pull it as they four
ut for us." ing 28-16 at
Barr, however, is not going quarter as
let his team-mates rest on the Cybots'
heir laurels. Brian Bain I
"It's just one game. We will three-point(
probably meet them again," he. In the sec(
sisted. "So when we do, we Telecom co:
ill have to hope that we can their lead, p
)me up with this same type of time margin
energy and enthusiasm." and Cruz Si
The Cougars got a game high to make the
O points from Michael 'Fern- Although
y' Bain with Jimmy Mackey bent under t
nd Jeremy Hutchinson both throughout
)ntributing 19. Creto Knowles trio of Jer


oach
was a
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")


stayu

Perry Thomp- Michael Barn and Jimmy Mack-
a keenly con- ey went to work, they still
it could have trailed 69-59 at the break.
It wasn't until the final five
we didn't play minute mark that the Giants
re a little lack- really got back into the game,
saying a hard sparked by Adrian Miller's
inst the Police three-pointer and Creto
," he pointed Knowles' three-point play.
After Barr fouled out, Bain
preserved in came through with a lay-up and
We came back Hutchinson converted a pair of
chances to win. free throws.for a 84-80 deficit as
Cybots way a portion of the lights went out.
playedd a very When power was fully


in said the Giants
one game at a time
season progresses
ave everybody out,
still be in a position
heir title.
ginning, the Giants
like the champions
id themselves trail-
the end of the first
Barr canned 12 of
first 16 points and
hit two of their final
ers.
ond quarter, Electro
ntinued to build on
posting a 51-35 half-
n as Nelson Joseph
mon stepped up big
ir contribution.
the Giants made a
he ten-point margin
the third as the big
emy Hutchinson,


unbeaten


restored, and the game resumed,
the Cybots came out striking as
Joseph got a lay-up and Bain
an offensive rebound for a put
back for an 88-83 advantage.
But that was short lived as
got a turn around jumper, hit a
free throw and Hutchinson got
a steal and scored a lay-up to
give the Giants a 90-89 lead.
Duncombe regained the lead,
91-90, for the Cybots on his lay-
up with 16 seconds left. But four
seconds later, Michael Bain's
free throw tied it again.


After Mackey got a "quick
jumper for a 93-91 lead, he was
charged with goal tending and a
foul on Duncombe's final play
of the game. Duncombe went
on to complete the three-point
play for the win.
NOTE: NPBA action contin-
ues on Wednesday at the DW
Davis Gymnasium with the
Cybots taking on the Standard
Services Falcons at 7 p.m. The
Cable Bahamas Entertainers
will face the Giants in the fea-
ture contest.


SHDREO,


SCHOOL


r e-itto (f1'( (f rf


at The Crown Ballroom,

Atlantis, Paradise Island


Featuring: The Portobello Ceilidh Band
and Modern Vintage,
Raffle and Silent Auction

Cocktails: 7:00pm Dinner: 8:00pm

For reservations and information please contact:
kirsten.stevens@st-andrews.com
324-2621 or 364-6508


Donation: $150.00 per person
Black Tie Optional


Golden Gates turn tables


I on champs Macedonia


*The team's standings

Men's Division
Teams W L GL Pct.
X-Shaw AME 7 1 1 .875
X-Transfiguration 7 1 1 .875
X-Calvary Deliverance 6 2 1 .750
Temple Fellowship 5 3 1 .625
Faith United 5 3 1 .625
Golden Gates 4 4 0 .500
Calvary Bible 4 5 0 .444
*Macedonia 3 6 0 .333
**New Bethlehem 1 8 0 .111
**St. Paul's 0 9 0 .000
Co-Ed Division
Y-Golden Gates 3 1 0 .750
X-Macedonia 3 1 0 .750
X-Temple Fellowship 2 1 1 .666
X-Faith United 1 2 1 .333
**Transfiguration 0 4 0 .000
17-And-Under Division
X-Macedonia 3 1 0 .750
X-Faith United 2 1 1 .666
X-Temple Fellowship 2 1 1 .666
X-Golden Gates 1 2 1 .333
New Bethlehem 0 3. 1 .000
Y-denotes team clinched pennant.
X-denotes teams clinch playoff spots.
*-denotes team eliminated from rest of season.
**-denotes team ousted after two defaults.





HAGE 18, MONDAY, NOVEMBER 17, 2008



_FOOTBALL IN FOCUS


...3U, E SPORTS


Porky's Stingrays keep


pace with top teams

18-2 triumph over Kingdom Warriors


STINGRAYS' SHELDON LYNES tries to get around the
defence of the Kingdom Warriors.


p i;-"




STINGRAYS receiver Wayde Higgs runs back the ball dur-
ing the win against Kingdom Warriors.


* by RENALDO DORSETT forced a safety for their only score of the game.
Sports Reporter The Warriors had issues with their special teams
all game fumbling away three'snaps between the
With the help of a stingy defensive unit, Porky's punter and long snapper.
Stingrays kept pace with the league's top teams by The Stingrays opened up the passing game in the
holding their opponents without an offensive score second quarter when tight end Aaron Sargeant
en route to their third win of the season. caught a pass over the middle and broke a series of
The Stingrays forced five turnovers in an 18-2 tackles on his way to the endzone.
win over the winless Kingdom Warriors. They again failed the conversion but widened
- The Stingrays marched the ball downfield on the the game to a two possession margin, 12-2.
game's opening drive highlighted by a pass in the Special teams coverage was also a problem as
flat to Wade Johnson which he turned into a big the Warriors gave up a punt return for a touch-
gain giving his team first and goal within the five down to Wayde Higgs, which was called back due
yard line. to a block in the back.
Johnson ran the ball in on the following play for With starting running back Sheldon Lynes in the
the first score of the game, giving the Stingrays a 6- lineup, the Stingrays controlled the line of scrim-
0 lead. mage with the running game.
With the Warriors threatening in scoring with- Lynes carved the Warriors defence for big gains
in the redzone, the Stingrays forced their first as. the defence line wore down and eventually
turnover of the game with an interception. sealed the Stingrays win with their third touch-
Backed up against their own endzone, the down of the afternoon.
Stingrays running game was unable to.give their The Stingrays improve to 3-2 while the Wari
offence room to operate and the Warnors blitz_ fell to 0-6.




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**,.* ~tw-*,*
..-. 4j


Kentucky Colonels victorious


FROM page 19
back and it was like being in the
Priory yard again," said John-
son, of Beck's home base. "But
we were out of since a little.
"It was all in good spirits for
Fred 'Papa' Smith and Sterling
Quant. So if we have to do it
again, I wouldn't mind coming
out here again and put on a
show. We didn't win it, but we
had fun."
The Ministry and the NPA-
BA honored both Smith and
Quant, along with Winston
'Tappy' Davis, who were all
recently inducted into the
National Hall of Fatme with 12
'others in the 2008 class.
Smith, who sat on the bench
and coach, said the whole idea
is to come out and enjoy the
game.
"We've'been playing com-
petitive ball all our lives, so at
some point, we have to be able
to come in here and have some
fun," he insisted.
"That's what these games are
all about now, having fun and
enjoying the comradary with
the fellows."
However, Smnith said his
Cougars were a bit handicapped
in that they had the majority of
the older players, while the
Colonels had a lot more of their
younger players.
Quant, the first Bahamian to
be drafted to play in the NBA
although he never did, said it
was mixed emotions for him.
"It was a good feeling and it
was a horrible feeling," he stat-
ed. "But it was good to be on
the court with my old team-


mates and the rivarly with the
players. When you're not in
shape, it's just good to be able
to walk on the court."
Coming off their last
encounter two years ago when
the Colonels won, Quant said
he felt good going back up
against Peter. 'Macaroni' Gilcud,
who tried to stick him a couple
of times when they clashed.
During the game, Quant was
a tower of strength on the inside
for Kentucky. But in the sec-
ond quarter, he made a signifi-
cant impact when he blocked
Allan Ingraham, who came in
from Grand Bahama.
At the other end of the court,
Dick Brown scored a lay-up on
a pass from Walkine to put the
Colonels up 12-4 and they man-
aged to take a 13-4 margin at
the half.
In the first quarter, Burke
Williams scored the first point
of the game on a free throw as
he was fouled by John Johnson
as he drove to the basket.
Stencil 'Stoney' Ferguson,
who at one time coached the
Cougars, tried to give head ref-
eree, 15-year-old St.
Augustine's College 10th grad-
er Christian Wilmore a verbal
introduction to the veterans'
game.
But Wilmore, a certified
international referee, stood his
ground as he administered the
foul on Ferguson as Burke
Williams went to the line and
hit another free throw for a 2-0
lead.
"They tried to ride me hard,
but I'm used to it. This isn't my
first time on the court,"
Wilmore stressed. "I treated it


like any other time.
"But the hardest part for me
was to realize that these guys
are older and they will take? an
extra few steps and they ire
going to swing their hands;, o I
didn't.want to be as tight on
them as I would, with the
younger, more athletic ball play-
ers."
Wilmore said it was a special
honor for him to officiate the
game because not too many
people give him the credit for
his size and age.
"A lot of people don't think I
should be officiating basketball
at all," he said. "But to be given
this honor by my association is a
pleasure and I must thank them
for the opportunity."
Having established who was
in control, the Colonels just con-
tinued their dominance as-,the
combination of Dudley Seifeit,
Burke Williams, ChiAg Walline,
Sterling Quant, Keith nSmith,
Chris 'CD' Develeaux, Dick
Brown and Bradley Bain pre-
vailed in the end.
The Colonels also would have
won the prize for the' best hair
style with Michael 'Zack' Hall
displaying the long curly afro.
And Quant brought an extra
treat wearing one bf the
Colonels' sweat'suit pans from
the old days.
If there was any consolation
for the Cougars, it was the fact
that they had more of the older
players like Fred 'Slab' Laing,
Gilcud, Ingraham and Stoqney
Ferguson to go along with'the
slightly Blocks Johnson and
michael Major.
The Cougars never led in'the
game.


i


.- .: _- ; . .. .. -









I i
do wdbmi


i! M O N DAY. NOVEMBER 1 2008 L' A'SS IC



.. .I FIRST LEGENDS BASKETBALL CLASSIC


CH Reeves

Raptors and

CR Walker

Knights

triumphant

again!
IT was. another dose of vic-
tory for the CH Reeves Rap-
tors and the CR Walker
Knights.
They repeated as the
junior and senior high divi-
sional w winners at the
Bahamas Association of
Athletic
Associations/Colony Club
National High School Cross
Country Championships on
Saturday at Fort Charlotte.
The Raptors wrapped up
the under-13 boys, under-15
boys and girls and under-15
__boys and girls divisions, los-
ing only the under-13 girls to
the Queen's College Comets.
~ The Knights, on the other
hand, polished off the shin-
ning trophies in the under-17
.boys and girls and under-20
girls.
However, they had to set-
tle for second fiddle in the
L .under-20 boys division to the
CC Sweeting Cobras.
The top three finishers in
each division are as follows:
Under-13 irls Queen's
--College 179). SC McPherson
(109) and CH Reeves (154).
.- nder-1 3 bovs- CII
_.Reeves (83). DW Davis
(155) and Anathol Rodgers
S(161).
Under-15 girls CH
-.Reeves (56). SC McPherson
114) and Anathol Rodgers
(120).
Under-15 boys CH
reeves (73), Queen's Col-
lege (83) and Anathol
rRodgers (91).
L Under-17 girls CR Walk-
er (55), Anathol Rodgers
J (125) and CI gibson (127).
-- Under-17 boys CR Walk-
er (16), CI Gibson (163) and
CC Sweeting (1-70).
Under-20 girls CR Walk-
er (78), RM Bailey (88) and
CI Gibson (90).
Under-20 boys CC
Sweeting; CR Walker and
RM Bailey.

O .f



Fo th stoie


* By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net
THE first Legends Basketball Classic
went to the Kentucky Colonels.
Displaying a good combination of the
old and not-so-old players, the Colonels
prevailed with a 34-25 decision over the
Beck's Cougars in a rematch of the age-
old rivarly.
However, not that many fans showed


Felipe Major
/Tribune staff


I te Kentucky I

34-25 victory over Beck's Cougars
up for the joint Ministry of Youth, Sports regardless of the final outcome.
and Culture and New Providence Bas- "You know when your mind feel like
ketball Association's venture to show- doing something and it ain't there, that's
case the players of yester-year. how it'felt," said Colonels' flashy point
But ask any of the players, who per- guard Craig 'Magic' Walkine, who came
formed Saturday night at the Kendal off the bench and tried to dazzle the
Isaacs Gymnasium and they would tell crowd.
you that it was all about having fun, "But it was a pleasure to be back out


colonels

here. Even if we had lost, I think I would
have still enjoyed it because it was all
about having fun."
While the game got off to a rather
slow start, it turned out to be a shoot-out
as Walkine led the way for the Colonels
and John 'Blocks' Johnson countered
for the Cougars.
"In the second half I got my footing
SEE page 18


KINGDOM WARRIORS Alex Jupp tries to get-
away from the defence. SEE STORY AND
PICTURES ON PAGE 18.


7I


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THE Fifth Annual National
Tourism Week and the 13th
Annual Cacique Awards will be a
special tribute to the late Nor-
man Solomon and will include
the unveiling of a bronze bust of
the tourism icon, the Ministry of
Tourism and Aviation
announced.
National Tourism Week will
take place from January 25-30
under the theme, "It's Better in
the Bahamas." Several events,
including a town meeting and
proclamation ceremony are
planned. The week will conclude
with the staging of the 13th Annu-
al Cacique Awards ceremony on
Friday, January 30 at the Rain-
forest Theatre.
"We are delighted to dedicate
these signature events to the
memory of the late Norman
Solomon," said Lorraine Arm-
brister, acting permanent secre-
tary in the Ministry of Tourism
and Aviation.
"Mr Solomon is a former Life-
time Achievement recipient of
the Cacique Awards, and what a
life he has lied He was a polti-
cian. businessman. social acti isi.
and community leader He wjs
the pioneer [or the redee\lop-
ment oft 1a Street, going hack
four decades.
"'Mr Solomon's life was dedi-
cated to making the Bahamas bet-
ter, and it is fitting that we dedi-
cate this 'Better in the Bahamas
exploration to him." she said
Pete Johnston, a past 'winner
of the Cacique A-'ard for Cre-


THE NATIONAL TOURISM WEEK press conference. Then
special tribute to the late Norman Solomon (above right)


altie Arts, is the artist developing
the bust It will be prominently
displayed in dow ntow n Nassau.
lMs Armbrister said
Ms Armbrister said the Min-
istr, of Tourism and A'iation
encouraged all Bahamian resi-
dents to take part in National
Tourism Week. Participation in
the tounsm conference scheduled
for Thursda), Januar) 2N, at the


Wndham Nassau Resort is espe-
ciall. important, the rmnistry said
W"\e ha'e attempted to make
this conference even more acces-
sible and relevant to e'eriday cit-
izens." she said.
"After all. this is not onl1 a
conference for tourism adminis-
trators and presidents and direc-
tois of hotels. This is a forum for
the taxi drivers, the bus drivers.


Lorraine Armbrister
housekeepers, gardeners bell-
men, restaurant workers, and
e\enone ho comes into contact
with our visitors .
"\-e urge aU to take advantage
of this opportunity.
"\Ve also urge ,ou to make
\our 'oices heard."
Further details on National
Tourism VWeek '%ill be released
to the public incremental\


Thursdqu, November zo-h


fy\ World Children's Day


i'lovin'i Turn q Mc io q smile




INNt AMcInolqdS! -


OTE
- IOFO
wNSTR


l~mBa~l~n~


PAGE 20, MONDAY, NOVEMBER 17, 2008


THE TRIBUNE


rT ^E










S THE TRIBUNE

T- H Iss.fi1"


MONDAY,


NOVEMBER


17, 2008


B* S *ia.I


Bahamas now Baha Mar's Harrah's 'fraud'
'a must see'

fashion centre action barred from Bahamas
S', '.


By NEIL HARTNELL
Tribune Business Editor
THE Islands
of the World
Fashion Show
will "be placed
in the 'must see'
events in the
fashion industry)
as we build its
brand", the
Bahamian
banker who
organised this
month's event told Tribune
Business. having "established
the Bahamas as a location for
fashion" and fashion shoots.
Owen Bethel, president and
chief executive of the Nassau-
based Montaque Group, which
owns and financed the fashion
week. said that based on feed-
back he had received it had
enhanced both the prospects for
creating an indigenous Bahami-
an fashion industry and the like-
lihood that major design houses
and magazines would use this
nation for shoots.
Both elements would help
diversify the Bahamian econo-
my and its tourism industry, and
Mr Bethel told Tribune Busi-
ness: "From the comments of
the celebrity judges, they cer-
tainly think that it we can main-
tain it [the show] at the level of
this year and improve in certain
areas, it will definitely be a
'must go to' or "must see' event
on the international fashion cal-
endar.
They certainly felt it was
well done and that it will truly
- SEE-page4B --- .


* By NEIL HARTNELL
Tribune Business Editor
A judge has prevented Baha
Mar from bringing a fraud
lawsuit in the Bahamas
against its former. equity
partner in the $2.6 billion Cable Beach
redevelopment, finding that Harrah's
Entertainment faced the. "risk of
irreparable harm" if such an action pro-
ceeded.
Judge Charles Ramos, sitting in the
Ne" York State Supreme Court, grant-
ed Harrah's motion for a preliminary
injunction preventing Baha Mar from
filing a Bahamas legal action over their
partnership's collapse on the grounds
that their agreement stipulated that New
York would be the jurisdiction for resolv-
ing all legal disputes.


* Cable Beach developer mulling whether to seek start for
infrastructure, Commercial Village work and create 600-700 jobs
* US judge grants Harrah"s injunction preventing Baha Mar initiating Bahamas claim
* Chinese connection on construction and financing 'best option' to date for project
-- - -- - -- - - -- - -- - -- - - ------------- ------------------------------ ------ -------------------------------------------------------- -------- -------------...


In his September 2008 judgment,
Judge Ramos said Harrah's arid its
Bahamian subsidiary, Caesars Bahamas
Investment Corporation, had applied for
an injunction and temporary restraining
order to prevent the Baha Mar compa-
nies Baha Mar Development Compa-
ny, Baha Mar Joint Venture Holdings
and Baha Mar JV Holding "from com-
mencing a separate action in the
Bahamas".
In his ruling, Judge Ramos recorded:


'Year-end' target


for Bahamnasair


strategy options

* By NEIL HARTNELL
Tribune Business Editor
BAHAMASAIR's Board is aiming to present the Government
with options on the airline's long-term future and possible business
models "before year-end", its chairman telling Tribune Business
that it lost "less than budgeted for" in July-August 2008.
J Barrie Farrington said the short-term assumptions underpinning
the Board's planned report were changingg almost daily" as a
result of the current global financial crisis and economic downturn,
but they were aiming to produce "a road map to guide us through
the maze".
--"Our intention is to before -. ... ,. -.. ....
ye"ar-end produce a programme SEE page 65


"On June 13, 2008, counsel for Baha
Mar informed counsel for Caesars that it
intended to commence a separate action
for fraud against the Caesars affiliates
in either the Bahamas or in New York.
"Subsequently, plaintiffs [Harrah's and
Caesars Bahamas] moved for a prelimi-
nary injunction, and the court granted a
temporary restraining order pending res-
olution of the application."
Harrah's and Caesars Bahamas had
argued that a Forum Selection Clause


in the agreement with Baha Mar, which
chose New York as the jurisdiction in
which all legal disputes arising from their
partnership would be heard, "prohibit-
ed" the Cable Beach resorts owner from
filing suit anywhere else.
In granting the. injunction sought,
which prevents Baha Mar "from com-
mencing an action against the Caesars
affiliates in the Bahamas", Judge Ramos
SEE page 3B


Business fall-off


caused 300 rise in


Atlantis lay-offs


By NEIL HARTNELL
Tribune Business Editor
KERZNER International
had initially only planned to lay-
off 500 Atlantis staff, Tribune
Business has been told. but end-
ed up increasing this number
by 300 ini the lead-up to last
week's redundancies after for-
ward booking and occupancy
projections continued to slide -
~S..rji.,no iniediate.business
*rebound in sight.


Kerzner denies 1500 initial
lay-off plan or PM pressure

It is understood that a large
percentage of the redundancies
fell in the food and beverage
category, due to Kerzner Inter-
national deciding to close two
Atlantis restaurants completely.
As a result, all staff in those
restaurants managers and line
SEE page


=+


Bahamas storage business

to gain Q4 revenue rise


* By NEIL HARTNELL
Tribune Business Editor
SOUTH Riding Point, the
Grand Bahama-based storage
terminal facility, will receive a
2008 fourth quarter revenue
boost from the completion of
two new tanks, its revenues hav-
ing already increased by 3 per
cent or $397,000 dth-ing the first
nine months.
The Bahamian company's
Canadian 'parent, World Point
Terminals, said in its 2008 third
quarter results announcement
that South Riding Point's per-
formance had been enhanced
by increased shipping activity
and the storage revenues
derived from its two new tanks
coming into operation.
Confirming that third parties
had signed contracts to use
South Riding Point's new tanks,
World Point Terminals said:
"South Riding Point has expe-
rienced an increase in shipping
activity, as of late, resulting in
revenues which are dependent
on throughput volumes to
increase in late September. It
is unclear whether this trend
will continue.
"The two new tanks at South
Ridipg Point are operational


and under short-term contracts.
South Riding Point will experi-
ence an increase in storage rev-
enues in the fourth quarter as a
result."
South Riding Point is one of
the relatively few Bahamas-
based operations to buck the
downward business trends
impacting this nation, with its
revenues increasing by 3 per
cent year-over-year for the first
nine months in 2008.
World Point Terminals said
this increase was "primarily the
result of increased marine activ-
ity revenues" during the three
months to September 3.0, 2008,
coupled with "storage revenues
associated with one of the new-
ly-constructed storage tanks at
South Riding Point being
placed into service".
The results are seemingly all
the more impressive because
South Riding Point realized a
one-off $247,000 gain from
crude oil sales in the first nine
months of 2007 that were not
repeated this year.
The Canadian parent added
that South Riding Point's
marine revenues were extreme-
ly difficult to forecast, as they

SEE page 7B


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PAGE 2B, MONDAY, NOVEMBER 17, 2008


THE TRIBUNE


ROA'I I DELiiTKT!R A'


International Markets


The Bahamian Stock Market


FINDEX 864.37

BISX CLOSING
SYMBOL PRICE


AML
BBL
BOB
BPF
BSL
BWL
CAB
CBL
CHL
CIB
CWCB
DHS
FAM
FBB
FCC
FCL
FCLB
FIN
ICD
JSJ
PRE


$1.71
$0.81
$7.64
$11.80
$14.60
$3.49
$14.15
$7.30
$2.83
$11.50
$2.09
$2.65
$7.80
$2.37
$0.33
$5.20
$1.00
$11.89
$6.81
$11.10
$10.00


YTD (-921%)

CHANGE VOLUME YTD PRICE
CHANGE


$- .
$-
$-
$-
$- *
$-
$-
$-
$-
$-0.10
$-0.70
$-0.01
$-
$-
$-
$-
$-
$-
$-
$-
$-


0
0
0
0
0
0
6,125
24,041
0
5,000
0
5,000
0
0
0
4,207
0
0
0
172
0


3.01%
-4.71%
-20.50%
0.00%
0.00%
-4.64%
17.43%
-13.40%
-10.16%
-21.23%
-58.53%
12.77%
8.33%
-10.57%
-57.14%
0.39%
0.00%
-8.19%
-6.07%
0.91%
0.00%


DIVIDEND/AGM NOTES:


FAMGUARD Corporation (FAM) has declared a quarterly
dividend of $0.06 per share, payable on November 14, 2008, to
all shareholders of record date November 7, 2008.
Bank of the Bahamas (BOB) has declared a semi-annual div-
idend of $0.16 per share, payable on November 25, 2008, to all
shareholders of record date November 17,2008.
Commonwealth Bank (CBL) has declared an extraordi-
nary dividend of $0.06 per share, payable on November 28,
2008, to all shareholders of record date November 20, 2008.

PRIVATE PLACEMENT OFFERINGS:
FOCOL Holdings (FCL) announced it will be extending the
deadline of its private placement offering. The preferred shares
will be paying a dividend rate of prime + 1.75 per cent, payable
semi-annually.


* By Royal Fidelity Capital
Markets
TRADING momentum
increased slightly last week in
the Bahamian stock market,
with investors trading in six out
of the 24 listed securities, of
which two declined and four
remained unchanged.
EQUITY MARKET
A total of 44,545 shares
changed hands, representing a
volume increase of 15,487
shares or 53.3 per cent versus
last week's trading volume of
29,058 shares.
There were no advancers in
the market this week. Com-
monwealth Bank (CBL) was
volume leader, with 24,041 of
its shares trading, its stock end-
ing the week unchanged at
$7.30. Cable Bahamas (CAB)


* By CARA BRENNEN-
BETHEL
Business Reporter
THE worst is likely to come
for'the Bahamas and its econo-
my, two leading business fig-
ures have warned, with both
expressing concern at what lies
ahead after last week's mass lay-
Off at Atlantis.
Franklyn Wilson, chairman


followed with 6,125 shares trad-
ing to remain unchanged at
$14.15.
Some 5,000 shares of Doctors
Hospital Health Systems (DHS)
traded, declining by $0.01 to end
the Week at $2.65.
FirstCaribbean International
Bank (Bahamas) (CIB) led the
decline on a volume of 5,000
shares, its stock dropping by
$0.10 or 0.86 per cent to close at
$11.50.
BOND MARKET
No notes traded in the
Bahamian market this week.
COMPANY NEWS
Earnings Releases
There were no financial
results reported by any of the
24-listed companies during the
week.


of Sunshine Holdings, told per-
sons attending the Bahamas
Institute of Chartered Accoun-
tants (BICA) conference that
it remained to be seen what the
depth and scope of the global
economic crisis will be, but
questioned that if this was just
the beginning, what will hap-
pen in the months to come?
"I have a friend who has said
that he has already seen inci-


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dents of price gouging with
companies his business works
with, and pilfering from
employees and consumers is a
very big problem. So what will
happen once the lay-offs occur
and all of the assistance pay-
ments have been made, and
there is no more to come?" Mr
Wilson asked.
He added that regardless of
how bad the economic picture
may appear now, it was never
too late to make provisions for
the future, as the Bahamian
economy could possibly get
worse.
Mr Wilson told accountants
that now, more than ever, their
clients require accurate and
timely accounts, so that they
have a clear picture of exactly
what is happening with their
business and can make the rel-
evant decisions based on facts.
"If things are bad, they need
a very clear picture very
clear," Mr Wilson said.
He added that despite the
recent downturn, tourism still
remains the Bahamas' best
avenue of development, and
high-end properties will bring
a vast amount of money into
the country. This, he said,
makes it difficult to focus on
diversification.
Dionisio D'Aguilar, president
of the Bahamas Chamber of


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* Commerce, told BICA mem- -
bers that a company operating
in a recession should theoreti-
cally employ the same measures
it takes when the economy is
'good, making it lean and mean,
with a focus on customer ser-
vice, energy saving and produc-
tivity.
Mr D'Aguilar said that in the
case of his business, Superwash,
which he thought was recession
proof, he is seeing revenue'
declines of at least 5 per cent,
despite several price increases
resulting primarily from the cost
of fuel.


* By CARA BRENNEN-
BETHEL
Tribune Business
Reporter
WHOLESALE suppliers to
the Bahamian hotel industry
have seen their sales impacted
as occupancies decline and
resorts need to order less for
restricted business levels.
Bahamas Food Services's
general manager, Don Carnine,
told Tribune Business that while
the company has seen some
order declines, they had not
been major.
"We have seen a reduction
as it relates to par levels. It has
been fluctating around the occu-


pancy levels of the hotels," Mr
Carnine said.
"A lot of them are having
spikes and valleys, particular
coming on Thanksgiving, and
so they are ordering things
around that.
"But no, I would not say that
it has been a major decline: It
has been steady since mid-Sep-
tember, and reflective of what
has been going on in the econ-
omy."
Mr Camine said many hotels
have been aggressively targeting
local groups for banquets and
sit-down dinners to compen-
state' for declining occupancy
levels from the core US mar-
ket.


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MONDAY, NOVEMBER 1), 2008, PAGE 3B


THE TRIBUNE


i


* By CARA BRENNEN-
BETHEL
Business Reporter

THE'Bahamas Auto-
mated Clearing House's
(BACH) implementation
may increase opportunities
for identity theft, an Amer-
ican expert told a crime
seminar last week.
Raymond Barry, director
of the National Association
for Information Destruc-
tion, was the final speaker
at a special crime preven-
tion seminar co-hosted by
the Bahamas Chamber of
Commerce, Crime Stoppers
Bahamas and the Royal
Bahamas Police Force.
He said the implementa-
tion. of the BACH, which
is designed to facilitate
faster cheque clearance and
eventually lead to an
increased use in debit cards
and automated transac-
tions, will potentially lead
to an increased opportunity
for fraud and identity theft.
Activity

This was because, as the
BACH decreases transac-
tion time, it also decreases
the time when fraudulent
activity can be detected.
Therefore, Mr Barry said
the Bahamas needs to
psure it does all it can to
'-(ftnter' this, and ensure
proactive measures are tak-
en to protect consumers.
He said that in doing this,
.~th4e Bahanas has the .ability..
ito,..be.proqgcive in. legisjla-
,MDo.ngndw whereas the;US can only
be reactive because it did
not take advance measures.
Mr Barry said that as the
US tightens up its own laws,
criminals may see the
Bahamas given its prox-
imity to the US as a mar-
ket for identity theft activi-
ty.
He added that the
Bahamas could benefit
from some sort of credit
score rating system, which
could be used to monitor
illegal transactions, as
breaches of identity theft
could have a negative
impact on the country's
tourism standing.
Mr Barry stressed the
importance of destroying
sensitive documents and
trash, such as old bills or
correspondence with valu-
able information in them,
as this can provide a wealth
of information for fraud-
sters.


* By CARA BRENNEN-
BETHEL
Tribune Blusiness
Reporter

FACED by a 'triple wham-
my' of massive hotel sector lay-
offs, price increases and a like-
ly reduction in consumer spend-
ing, mahy Bahamian merchants
have this year reduced their
product ordering for Christmas
to avoid inventory over-supply.
Claudine Russell, of Adam
and Eve, told Tribune Business
that the retailer will definitely


be reducing the amount of
stock it brings in for Christmas,
given the current economic cli-
mate.
"Of course, we are a fashion
store, so we have to ensure that
we have new items to bring in
at good prices," she explained.
Ms Russell predicted that
sales this Christmas season will
be slow, adding that Adam and
Eve had tried to come up with
creative measures to entice cus-
toiners into purchases.
"We are still having sales, and
promotions to generate busi-


ness," she said.
John S George and Radio
Shack are also not going to pur-
chase as much stock for the
Christmas season, anticipating a
year-over-year sales decline
from reduced consumer spend-
ing, as Bahamians have less dis-
posable income due to lay-offs
and reduced work weeks.
"We are not going to- have
the type of Christmas that we
had last year, and so we are def-
initely not going to purchase
the big bulk of items as we did
last year," a representative told


Tribune Business.
The company's spokesman
said they did expect a change in
business this year.
"I think that people will shop
and buy what they need to buy,
but that they will be very price
conscious. So where they would
have before bought something
for $100, they may only be able
to purchase something that
costs $45, and so we have
looked at bringing in more
items at a lower price," the
John S George and Radio
Shack representative said.


However, a Bahamian home
furnishings store said it will be
operating in the belief that
Bahamians will continue the
trend of redecorating at Christ-
mas.
"We have not really changed
the volume of our orders,
because I think people are still
going to be purchasing what
they need to fix up their homes.
I think that the only things we
have decreased.our orders on is
comforters, and that is only
because we already had a lot in
stock," a spokesman said.


Baha Mar's Harrah's 'fraud' action barred from Bahamas


FROM page 1B

found: "Plaintiffs argue that if
provisional relief is not granted,
they will suffer irreparable
harm because they will be
forced to defend litigation in
the Bahamas in violation of the
Forum Selection Clause.
"In light of Baha Mar's rep-
resentation that it intended to
commence an action in the
Bahamas, it is evident that there
is a risk of such harm."
And the judge added: "Final-
ly, the harm of defending liti-
gation in the Bahamas that is
likely in violation of the Forum
Selection Clause is greater than
the burden faced by Baha Mar,
who is free to bring the claim in
this court.
"Therefore, this court deter-
mines that the equities favour
granting an injunction to enjoin
Baha Mar from bringing suit in
the Bahamas against the Caesar
affiliates."
Robert Sands, Baha Mar's
senior vice-president of gov-
ernment and public affairs,
declined to 'comment on' this
particular ruling or the status
of the case against Harrah's,
other than to confirm: "We're
still in litigation w h Harrah's.
a4d".te ha'e proceedings that
are conti'nui.ing in the North
American courts. We're pursu-
ing all options in the litigation."
Of more meaningful signifi-
cance to the Bahamas and its
economy, in the short and
medium-term, is that Baha Mar
is understood to be exploring
the possibility of starting the
initial phases of its $2.6 billion
Cable Beach project without
having a Harrah's replacement
in place.
While Mr Sands declined to
comment, sources familiar with
the situation told Tribune Busi-
ness that the developer was
mulling whether to start the
West Bay Street re-routing and
other infrastructure.works, plus
construction of the Commer-
cial Village, as a way to kick-
start the redevelopment and
establish, the initial footprint for
the expanded resort campus.
It is not known whether there
have been any communications
between the Government and
Baha Mar on these thoughts
yet, but sources suggested that


ROBERT SANDS, Baha
Mar's senior vice-president
of government, public
affairs.


by starting those initial phases
the developers would create up
to 600-700 construction jobs and
"create some confidence the
project is still alive".
It w6uld also provided a
much-needed boost to the
Bahamian economy, creating
construction contracts and soak-
ing up; some unemployed con-
struction workers, and help'
Bahamian business and con-
sumer confidence both of
which have been badly shaken
by events at Atlantis over the
past week.
Tribune Business had previ-,
ously been told that infrastruc-
ture costs :for Baha Mar's pro-
ject had been pegged .at,
b1etween,$9,5 million to $1l0
million', with the commercial
village costing $15 million. The
latter figure includes the cost
for replacing the existing police
and fire station along the Cable
Beach strip, plus'new offices for
Scotiabank (Bahamas), Fidelity
Bank (Bahamas) and Com-
monwealth B ank.
Mr Sands, though, did tell
Tribune Business that Baha
Mar was pursuing tie-ups with
three Chinese state-owned insti-
tutions from "a different angle"
compared to its previous part-
nership with Hairrah's. .
While Harrah's would have
been a joint venture equity part-
ner, with a 43 per cent stake in
Cable Beach's redevelopment,
Mr Sands explained of the Chi-
na talks: "We're pursuing them
from a different angle. We're
pursuing them from the angle of
a related party construction
company and for related party
financing.
"We're encouraged by the
talks, and continue to pursue
the Chinese for that reason."


The three Chinese institu-
tions involved are the China
Export-Import Bank, China
State ,Construction Bank and
the Bank of China, Mr Sands
describing them as "the best
option' we've seen to date.; We
continue to push them and dia-
logue with them in a meaningful
way. We talk to them on and
off on a regular basis."
The Baha Mar executive said
company principals, Dikran and
Sarkis Izmirlian, had not
wavered in their commitment
to the $2.6 billion Cable Beach
redevelopment; "We believe,
certainly, that some aspects of
this project starting immediate-


ly would be an important eco-,
nomic stimulus to the economy
of the Bahamas," Mr Sands
said.
. "So we consider this project
as still certainly one of the key
economic boosts that will sus-
tain the Bahamas for genera-
tions to come." .
In his ruling, Judge Ramos
noted that Harrah's had argued
that the Forum Selection
Clause bound all Baha Mar and
Harrah's affiliates involved,
even those that had not signed
the agreement between the two.
In response, though, Baha
Mar had argued that the Clause
only applied to the agreement's
signatories, and 'did not stop
other entities from initiating a
lawsuit outside New York. And
Baha Mar had alleged that
applying the Clause would
"effectively prevent Baha Mar
from seeking redress" because
the New York courts did not
have jurisdiction over non-sig-
natory Harrah's entities.
However, Judge Ramos
found the Forum Selection
Clause encompassed both sig-
natories and related affiliates.
He also described Baha Mar's
"assertion that it will be


deprived its day in court" as
being "without merit".
"By written correspondence
to this court, the Caesars affili-
ates indicated they would.vol-
untarily submit to the jurisdic-
tion of New York courts in the
event that Baha Mar is enjoined
from bringing suit in the
Bahamas," Judge Ramos riot-
ed.
Harrah's and Caesar's
Bahamas had previously initi-
ated legal action in New York
on March 13, 2008, in response
to what.they said was Baha
Mar's threat to sue them over,
the Cable Beach partnership's
collapse.
In that action, they had asked
the New York State Supreme
Court to confirm they had acted
correctly in their.decision to ter-
minate the Baha Mar joint ven-
ture, and that they itad no oblig-
ation to complete the transac-
tions contained in that agree-
ment.
Baha Mar subsequently filed
a defence and counter-claim for
what it alleged was Harrah's
"bad faith effort to use the
threat of termination to attempt
to renegotiate the economic
terms of a joint venture".
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Retailers reduce stock






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.........


'I







TH TRIBUNE


PAGE 4B, MONDAY, NOVEMBER 17, 2008


Bahamas 'a must see' fashion centre


FROM page 1B

be placed on the 'must see'
events in' the fashion industry
as we build its brand."
He added that the Montaque
Group had itself invested "safe-
ly between" $500,000-$600,000
in the Islands of the World
Fashion Week, with contribu-
tions from sponsors such as
American Airlines and the Min-
istry of Tourism taking total
outlay to between $1 million-
$2 million.
"As we attract more and new
sponsors, hopefully it will grow
and pay for itself," Mr Bethel
said of the show.


"Given the current economic
climate and financial market
turmoil, there was a strong pull
to cancel or postpone the event,
but we decided against that as
we needed to take the first step
in branding the event and estab-
lishing the Bahamas as a loca-
tion for fashion...... Hopeful-
ly, it will be a bigger and better
event next year, given the right
economic climate."
Mr Bethel added: "I'm hear-
ing feedback from places like
the Bahamas Technical and
Vocational Institute (BTVI) -.
their technicians and students
became involved backstage and
with seamstress repairs for the
designers that they found it
an invaluable experience.


"They felt it was a very posi-
tive experience for their stu-
dents, and see it as valuable in
utilizing their training and giv-
ing students hope that there is
an industry that could be devel-
oped in and around the Fashion
week.
"It certainly had value. The
local designers have also indi-
cated that they felt it was a very
good first effort, and the pub-
licity, exposure they get from
the media really put them in a
good light. It [the show] was
well received in terms of what it
can do for the local industry."
On the tourism front, Mr
Bethel said: "I think, again, that
the publicity it will get through
the media exposure identifies


the Bahamas not only as a
tourist destination, but as a fash-
ion destination for shoots,
enhancing the Bahamas as a
place where major magazines
want to do fashion shoots."
Describing the Islands of the
World fashion show as a "fi st
step on the route" to diversii, -
ing the Bahamian tourism prod-
uct, Mr Bethel said it "will take
two to three years to develop
and solidify as a sound, diverse
product for the Bahamas".
Given the tourism industry's
recent trials, the Islands of the
World Fashion week was "cer-
tainly welcomed by the hotels in
terms of their occupancy rates",
Mr Bethel explaining that the
event took up the "majority" of
rooms at the British Colonial
Hilton, which has a significant
percentage of its inventory cur-
rently out of actiondue to ren-
ovation work.
The banker added that "in
excess" of 700 persons attend 1J
the last two to three nights t
Islands of the World Fashion
Week, which were "full hous-
es". He estimated that around


300 persons came in from
abroad, mainly media rep~re-
sentatives in the form of jour-
nalists, photographers and ram-
era crews, but also buyers .from
as far afield as Japan.
Mr Bethel said Blooming-
dale's buying department had
previously expressed an inter-
est in attending, but were forced
to call off at the last minute,
due to a drop-off in sales per-
formance at home d.ue to the
global economy an d need to
attend to inventory issues.
Among the media attendees
were the fashion editors from
magazines such a.s Vibe and
Essence, and two designers who
exhibited at Islands of the
World Fashion Week will be
featured in California Apparel
News, the second largest circu-
lation trade magazine in the
fashion industry. ,
And when it came to the
Bahamian designers who
showed their wares, they won
two of the five Seals of Excel-
lence handed out by the judges
to those whose "designs are
ready for commercial viability
in the international market".
The Bahamian winners were
Harl Taylor Bags and The
House of St John.


As to the future, Mr Bethel
said: "All indications are that
we should do it next year. We
will definitely ground it and host
it here [in Nassau] in the first
instance, and then look at the
offers that have been made
from the Cayman Islands,
Indonesia and the Channel
Islands to carry it abroad in the
future.
"We've certainly learnt quite
a bit from this experience, doing
things better and more empha-
sis on certain areas. The show
will be expanding to an addi-
tional day I think it will go
from four days to five next year
- and we will have more cul-
ture, next generation and eco-
fashion awards judged and pre-
sented."
'Mr Bethel added that. orga-
nizers were looking to "reduce
costs but improve execution",
and were likely to stage the
show at just one location next
year, rather than the two venues
used at Atlantis and the British
Colonial Hilton in 2008.
"That escalated the cost to
some degree, so it's quite likely
we're looking at a single venue
for next year going forward. We
will be putting it out to com-
petitive tender," lr Bethel said.


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Electronic devices


key


to


firm loss


prevention


* By CARA BRENNEN-
BETHEL
Business Reporter
BAHAMIAN business own-
ers were yesterday urged to
safeguard their companies
through the use of surveillance
systems, electronic security and


access control.
Craig Cates, of Security Sys-
tems International, told a crime
prevention seminar hosted by
the Bahamas Chamber of
Commerce, the Royal Bahamas
Police Force and Crime Stop-
pers that companies needed to
ensure the lay-out of their


premises did not provide oppor-
tunities for criminals such as
having cash in easily accessible.
areas.
He added that alarm systems
will not necessarily prevent loss,
but will definitely serve as a
deterrent, and stressed the
importance of testing them at


least once a week.
Mr Cates also encouraged
companies with access codes
to monitor who knows them.
He suggested that a practical
step might be to ensure that
each employee has his own
code, so that you can monitor
exactly who is entering where.
Where cameras are used, he
said that they should be set at
an angle which provides clear,
sharp views.
Douglas Hanna, a security
expert at Kerzner International
(Bahamas), explained that the
Atlantis and One & Only
Ocean Club owner had more
than 400 security officers to cov-
er its Paradise Island resorts,


plus its 8,000 employees and
thousands of guests.
"It is a gated community
without the gates, and so there
are also the people who come
on to the property," he said.
Mr Hanna said surveillance
was the most valuable asset the
company has, coupled with the
physical presence of a guard in
uniform.
He said this allows a company
to see exactly what is happening
with evidence, as a way of pre-
venting crime from impacting
guests and employees.
Also addressing the seminar
was Robert Myers, of Integrat-
ed Security Services, who spoke
of the benefits of installing a


Global Positioning System.
(GPS) in company vehicles.
Via this tracking device,
which monitors a vehicle's posi-
tion via satellite, he explained a
GPS can save a company huge
sums of money by preventing
employees using them for per-
sonal travel.
Mr Myers pointed out that
company vehicles can be rigged
to track-restricted zones and
speed limits, so that once the
settings are violated, a siren will
sound inside the vehicle's cabin.
A GPS can be a valuable tool
for payroll calculations, as it can
tell how long a vehicle was
parked at a job site, Mr Myers
said.


* By CARA BRENNEN-
BETHEL
Business Reporter
ARMED robberies fell 15
per cent year-over-year for 2008
to-date, the Bahamas' most
senior police officer said yes-
terdat, as a declining economy
and massive lay-offs at Atlantis
threaten to increase the coun-
try's crime levels.
"Christmas is fast approach-
ing, and over the past two
months the world, and by exten-
sion the Bahamas, has been
rocked by an economic crisis of
epic proportions. Economic
activity is diminishing and
unemployment is rising," the
Chamber president said.
"These types of conditions
typically result in an increase in
crimes committed agaiiist busi-
nesses. So businesses must pre-
pare to wage a war that may be
a little more fiercer this go
around. Businesses are already
reporting upward movements
in .stealing by staff and cus-
tomers of cash and stock, and as
the full pressure of fulfilling
Christmas gift promises begins


to bear down, this situation will
only worsen."
Mr D'Aguilar said the
Chamber had focused this
year's crime prevention semi-
nar on internal theft, which is
often more detrimental than
violent crimes against a busi-
ness.
Mr D'Aguilar added that
business owners only have a few
hours to focus on preventing
such measures, whereas crimi-
nals spend days and weeks plot-
ting.
He also spoke to the frustra-


tion of business persons that
pursuing legal recourse against
the persons committing crime
was useless.
Acting Police Commissioner
Reginald Ferguson said that as
Christmas approaches, the force
will be out in significant num-
bers as they "seek to take the
criminal elements out of their
comfort zone".
Mr Ferguson did warn busi-
ness owners and operators to
take all necessary steps to make
their properties safe, including
appropriate operating hours,
lighting and clear surroundings.
He also encouraged them to
conduct proper vetting on tem-
porary staff and to hire security
personnel, consider persons
from reputable firms as well as
common sense handling of
money.
"I am pleased that to date our
efforts have taken over 250 ille-
gal guns off the streets, as com-
pared to 211 for the entire 2007,
a difference of 15.6 per cent. I
am also pleased to advise that
armed robbery is down by 15
per cent. compared to last year,
this same time," he said.


NAD
Nassau Airport
Development Company



REQUESTr




C-270 Baggage System

Nassau Airport Development Company is pleased to announce the C-270
Baggage Systems Request For Proposal associated with the expansion of
the Lynden Pindling International Airport. The scope of work includes but is not
limited to:

design and fabrication of a baggage system conforming to the requirements
of the RFP;
supply and installation of baggage conveyance systems, slope plate
carousels, roll up fire and security doors, and catwalks for the movement of
outbound and inbound passenger baggage;
control and monitoring systems; and
interface with building systems for security, fire, and various agency
requirements.

This request for proposal is of interest to Baggage System Vendors, however
should also interest local Electrical and Mechanical Trade Contactors.

Request For Proposal Packages will be available for pick up after 1:00 pm, on
Monday, November10, 2008.

Request For Proposal closing is Tuesday, January 6, 2009 at 3:00pm.

There will be a Tender Briefing, Tuesday, December 2, 2008 Please RSVP
Traci Brisby by 1pm monday, December 1, 2008 for briefing location details.


Contact: TRACI BPISBY
Contract & Procurement Manager
LPIA Expansion Project
Ph- (242) 702-1086 | Fa:< (242) 377 2117
PO Box AP 59229. Nassau, Bahamas
Email- traci brisby@nas bs


S.

*-^ ~ ~ i ,^e -
Located approximately 152 feet south of Shirley Street
Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management, P.O. Box N-7518, Nassau, Bahamas
to reach us on or before December 5, 2008.
For further information, please contact: 356-1608 or 356-1685.








BIG SAVINGS


UP TO 250/% Off

On Select


MERCURY


Outboards


0


& A m ORACEU
^E~~~~ JBfl3'SEy
lTL CION Opima
-9~fIIInC r Satisfacio. ih woStoe Otor Egns


SALE ENDS DECEMBER 31, 2008
SALE ON CURRENT INVENTORY ONLY,.WHILE SUPPLIES LAST


Lightbourne Marine
East Bay Street, Nassau
242-393-5285


COMMERCIAL BUILDING
Known as Maxwell House, Hawkins Hill, Nassau
Main Building Comprises Approx. 3,640 sq. ft.
Detached Storage: 756 sq. ft.


... - -,
.-_

{i ,i f:

Al 111 II
lagma NFL
sun


Armed robberies



decli*ne byl,5%SI401


I rnc- i IliDuiv-L-


IVIUNUAY, INUVEMBitM 1/, eUUb, AUEC- St








PAGE 6B, MONDAY, NOVEMBER 17, 2008


THE TF IBUNE


of

BAHAMAS CYCLE CO. LTD.
will be held on

Thursday, 4th December, 2008, 6pm

Magnolia House
Elizabeth Avenue and Bay Street


Check out the proven and tested Power-Save product!
Guaranteed to save up to

25% per
month on your electrical
consumption.
For details visit our website at:
www.Powersavebahamas.com or

phone: 393-8814
or email us at powersave@coralwave.com






Legal Notice
NOTICE


THESI INTERNATIONAL INC.
In Voluntary Liquidation


Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
2000, THESI INTERNATIONAL INC. is in
dissolution as of November 13, 2008.

International Liquidator Services Inc. situated as 35A
Regent Street, EO. Box 1777, Belize City, Belize is the
Liquidator:



LIQUIDATOR




Legal Notice
NOTICE

NOTICE IS HEREBY GIVEN as follows:

(a) BRIDGE CAPITAL LIMITED is in dissolution under the provisions
of the International Business Companies Act 2000.

(b) The Dissolution of said Company commenced on November 13, 2008
when its Articles of Dissolution were submitted and registered by A
the Registrar General.

(c) The Liquidator of the said company is Lakeisha Collie of 2nd Terrace
West, Centreville, Nassau, Bahamas.

(d) All persons having Claims against the above-named Company are
required on or before the 11th day of December, 2008 to send their
names and addresses and particulars of their debts or claims to the
Liquidator of the company or, in default thereof, they may be excluded
from the benefit of any distribution made before such debts are proved.

NOVEMBER 14, 2008

LAKEISHA COLLIE

LIQUIDATOR OF THE ABOVE-NAMED COMPANY


AIRLINE, from 1B

that will be reflective of our
Strategic Plan that takes the air-
line into the future," Mr Far-
rington told Tribune Business.
"What is necessary is to have
a road map, a plan to guide us
through the maze. Hopefully,
the assumptions underpinning
the plan, and the financial
assumptions of it, will be sus-
tainable.
"We're obviously going to, at
the appropriate time, engage
government on the model that
would be best suited for
Bahamasair, the national flag
carrier. We have an interna-
tional and domestic piece, and
the social obligation in terms of
providing air services. There is a


segment that has to be better
clarified, and the expectations
and performance taken into the'
proper context."
Mr Farrington said the
national flag carrier, which has
been a perennial loss-maker
and is currently cash-strapped,
found itself in a "fluid" situa-
tion as a result of the current
downturn, forcing the Board to
develop 'best-case' and 'worst-
case' scenarios for Bahamasair
in the short-term,
Bahamasair, the chairman
said, relied heavily on Bahami-
an travellers to provide the bulk
of its.passengers, but reductions
in disposable income as a result
of the economic downturn and
oil price-induced inflation were


Applications for the position of

ASSISTANT MANAGER
for a RETAIL STORE
Must have experience in managing people.
Must have excellent organizational skills,
excellent customer service and sales skills.

Please mail
Resume and photograph to:

Assistant Manager Position
P.O. Box N-523,
Nassau, Bahamas


Legal Notice

NOTICE


PEACE LAKE LTD.




Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of PEACE LAKE LTD. has been completed;
a Certificate of Dissolution has been issued and the Com-
pany has therefore been struck off the Register.







S .-ARGOSACGORR-INC. t-
(Liquidator)


Legal Notice

NOTICE


EXPRESS EQUITY CORPORATION




Notice is hereby given that in accordance with Section 138
(8) of the International Business Companies Act 2000, the
dissolution of EXPRESS EQUITY CORPORATION
has been completed; a Certificate of Dissolution has been
issued and the Company has therefore been struck off the
Register.





ARGOSA CORP. INC.
(Liquidator)


OrFG CAPI4TAL-DMAIOETS



* H Z.aL8LIss lsse Ta FA SE CURIMlS An OP.
FRIDAY. 14 NOVEMBER 2008
BISX ALL SHARE INDEX. C2LOSE 1,.79.27 [ CHG -0.26 %CHG -0.01 1 YTD -267 48 I YTD % -12.94
FINDEX: CLOSE5 864.41 I YTD -9.20% I 2007 28.29%,
VVWWVV.BISXBAHAMAS.COM or 242-394-2503 FOR IMORE DATA & INFORMATION
52wn-HI 5-..k-L,./. Sec1rl y 'Prealous Close Toda, s Close C Oa-,.. :ai i E S t 1 I i P E l .1
1 95 1 -T 1 Abac .1arnets 1 7 1 1 71 0*:0 0 ,e i1 1:1.:;1:*0 *2 1 .:-..""
11.80 11.60 Bahamas Property Fund 11.80 11.80 0.00 1.061 0.200 11.1 1.699/%
9.68 -7.64 Bank of Bahamas 7.64 7.64 0.00 0.319 0.160 23.9 2.09%
0-99 0.81 Benchmark 0.81 0.81 0.00 -0.877 0.020 N/M 2.47%
3.74 3.49 Bahamas Waste 3.49 3.49 0.00 0.152 0.090 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 11.18 Cable Bahamas 14.15 14.15 0.00 1.255 0.240 11.3 1.70%
3.15 2.83 Colina Holdings 2.83 2.83 0.00 0.118 0.040 24.0 1.41:%
8.50 4.80 Commonwealth Bank (SI) 7.30 7.30 0.00 0.446 0.300 16.4 4.11%
6.61 1.99 Consolidated Water BDRs 2.33 2.09 -0.24 0.122 0.052 17.1 2.49%/
3.00 2.26 Doctor's Hospital 2.65 2.65 0.00 0.256 0.040 10.4 1.51%
8.10 6.02 Famguard 7.80 7.80 0.00 0.535 0.280 14.6 3.59%
13.01 11.89 FInco 11.89 11.89 0.00 0.665 0.570 17.9 4.79%
14.66 11.50 FirstCarlbbean Bank 11.50 11.50 0.00 1.000 0.682 0.450 16.9 3.91%
.04 5.01 Focol () 5.20 5.20 0.00 0.385 0.170 13.5 3.27%
1.00 1.00 Focol Class B Preference 1.00 1.00 0.00 0.000 0.000 N/M 0.00%
.00 0.33 Freeport Concrete 0.33 0.33 0.00 0.035 0.000 9.4 0.00%
8.20 5.50 ICD Utilities 6.81 6.81 0.00 0.407 0.300 16.7 4.41%
12.50 8.60 J. S. Johnson 11.10 11.10 0.00 0.952 0.620 11.7 5.59%
10 00 10 00 Pror-le. Real Estate 10 00 10 00 0 00 0 180 0 000 6 AO 000n
BISX LISTED DEBT AECURITIES (Bon trade on a Percenrage Pricinrg bases)
52,k-.H-M 52.Ik-Lo.v Security 5, mbo' Lasl .ale Cr.' r.go CEa',.I' o i-l e.si r.alaurlr,
1000 00 t1000 00 Foelil, Bank Ncle 17 (Ser as A.. FBB 17 jC..: 1 '-,.or Z.:.i -
.000.00 1000.00 Fidelity Bank Note 22 (Series B) + FBB22 0.00 Prime + 1.75% 19 October 2022
1000.00 1000.00 Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00 7% 30 May 2013
100000 10t00l 0 F- elII Ba-B .- Nole 15.Series D FBB15 10:I0 G.-. ..*:* O rno 1 Z9.r.la. .l.i:.
FidelLty Over-TheisCounter S4curities
5Zki-Mit 57Js.fK.-L. :.. ___ S,,r.b.Bid As., S La" P.,. ...c...'. '. A .* EFS 1 FC'.. t F 'tE
1460 lJ Z. 5 Bar.arn.as St.or'markelis 14 601 1L .6 -.' *I _-,_.- ,~ I- :, N r, r.1
L.60 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 N/M 7.80%
D.64 0.20 RND Holdings 0.35 0.40 0.35 0.001 0.000 256.6 0.00%
Colilna Over-The-CoiJnter Securities
S00 -Z9 0-.:, ABOAB 3 7 00 38 6o ..: 5,1. ,4 O.,.:. ':. .-..,.:
14.00 14.00 Bahamas Supermarkets 13.11 14.06 14.00 -0.041 0.300 N/M 2.17%
0 55 0 40 RND Holdings 045 0 55 0 55 0 002 0 000 2R1 n9 n 00
BISX Lstled Mutual Funds
2-,k-.H- .. .L.'. Fu.-., Nj.-Ne N,'. V-IYTD: : Los . 1 r.l.jlrs I J .ct 5 .. h _' _
1.34'9 1 Z'9i C.,'ra B.:.n- ufl 1 34 6 6
'.4258 1.3623 Colina MSI Preferred Fund 1.4258 3.69 4.66 7-Nov-08
1.'4247 1.3623 Colina Money Market Fund 1.4247 3.61 4.58 17-Oct-08
.'969 3.5562 Fidelity Bahamas G & I Fund 3.5399 -6.77 0.03 31-0Oct-08
12.4456 11.8789 Fidelity Prime Income Fund 12.4456 4.29 5.78 30-Sep-08
460.2421 100.0000 CFAL Global Bond Fund 100.2421 0.24 0.24 30-Sep-08
700.9600 96.7492 CFAL Global Equity Fund 96.7492 -3.25 -3.25 30-Sep-08
.0000 1.0000 CFAL High Grade Bond Fund 1.0000 0.00 0.00 31-Dec-07
0.6000 9.0935 Fidelity International Investment Fund 9.0935 -13.40 -13.40 31-0ct-08
j.0216 1.0000 FG Financial Preferred Income Fund 1.0216 2.16 2.16 30-Sep-08
J.0282 1.0000 FG Financial Growth Fund 1.0282 2.82 2.82 30-Sep-08
.0244 1.0000 FG Financial Diversified Fund 1.0244 2.44 2.44 30-Sep-08
' ". I MARKET TERMS
2wk_-HI Highest clo ping price In last 52 weeks Bid $ Buying price or Colinn and Fidelity
e2wk-Low Lowest closing price In last 52 weeks Ask $ Selling price o Colinas nnIl fidelity
Pfvlous Close Previous day' weighted price for daly volume Lst Price Last traded over-0th-counter price
Tdoy'. Close Current day's weighted price for dully volume Weekly Vol Trading volume of the prior wtnk
Change Chnge in long price from dy to day EPS $ A company's reported brings pr -h.r. for tio la-t 12 rnthf
ally Vol.. Number of total h. re traded today NAV Not AssotI Vn l
DiV $ Diidends par har pid In th In 12 mOnth NM Not MOnnlgtfuI
I/E Croaing pri- divided by th, ltst 12 month earnings FINOEX The Fidelity Bnn, ut, s Stock Indno Jonutay 1 4 = 100
1) .-for-1 Stock Split Effective Date 8/0/2007
TO TRADE CALL: COLINA 242-a02-7010 I FIDELITY 242-356-7764 i FO CAPITAL M.1ARKETS 242-396-4000 | COLONIAL 242-502-7525


likely to impact, for instance,
travel to the Family Islands.
"Will Christmas be as strong
as in the past?" Mr Farrington
asked. "If one had to take an
intuitive guess, we're going to
see some reduction in activity.
Whether it's 20 per cent, 25 per
cent, it's likely to happen.
"Was that the trend in Sep-
tember and October? It's a bit
of a moving target, but we're
going to manage it. We're going
to get the best result we can by
being judicious in the way this
airline operates."
While the Board had not
been presented with financial
reports for September and
October, the Bahamasair chair-
man added: "July 'and August
were better than expected in
terms of revenue performance,
bottom line and margins.
"We didn't make any mon-
ey, but the aggregate loss was
less than budgeted for, so that
was encouraging."
The potential "big plus" for
Bahamasair was the reduction
in global oil prices, which have
more than halved since peak-
ing at $147 per barrel in July,
and last week slid below $60 per
barrel. That, in turn, was likely
to lower the national flag carri-
er's fuel costs, and Mr Farring-
ton said: "I think that we have
some savings there that accrue
to us, and could affect operating
results."
Bahamasair received a $28
million subsidy from the Gov-
ernment for its current finan-
cial year in the 2008-2009 Bud-
get, and was told at the time by
the Prime Minister that it would
receive no more funding. If
more was required, it would
have to be generated by savings
in existing areas of operation.
Whether this is achievable is
still unknown, given that some
$28.548 million was pumped
into the airline during its finan-
cial year ended on June 30,
2006, yet it still recorded a
$19.919 million loss a 2.8 per
cent increase on the previous
year.


^,SSION SPICI*















PERFORMANCE AIR

ROUND TRIP FARE


Nassau Fresh Creek $99.99

Nassau Moore's Is. $180.00

Nassau San Andros $99.99












BAHAMAS SOCIETY OF ENGINEERS
NOTICE
www.bahamasengineers.org

THE BAHAMAS SOCIETY OF ENGINEERS
Cordially invites you to attend

THE MONTHLY LUNCHEON
on
Thursday, November 20th, 2008

"PROPOSED AMENDMENTS TO THE TOWN
PLANNING ACT AND REQUIREMENTS FOR
TOWN PLANNING"


GUEST SPEAKER:
Mr. Michael Major
Director of Physical Planning

MINISTRY OF ENVIRONMENT


PLACE:
EAST VILLA RESTAURANT
East Bay Street
Time: 12:00p.m.
Tel: 364-3459

Donations: $2500 per person
If possible please confirmyour attendance by e-mail
gracesharina05(avahoo.com orjeeliott(aibahamaselectrictv.com
or quentin.knowlesra)flameless.com


BUSINESS


Bahamasair's a umulated
deficit its total redurring loss-
es since it was incorporated
some 35 years ago in February
1972 stood at justunder $400
million as at June 3, 2006, hav-
ing hit $397.989 million. To cov-
er those losses, the Government
had pumped in $318.73 million
in subsidies to keep the airline
flying during that time.
Mr Farrington said Bahama-
sair's performance in certain
areas, such as customer service
and on-time flights, had
improved "considerably", while
"there are some areas that
cause us concern, which we are
addressing".
Telling Tribune Business that
the Board shared his view on
this issue, Mr Farrington added:
"I'm encouraged' by the
progress we have made, and
customer service is at much
higher, acceptable level.
"My criteria for making that
statement is that we were .con-
stantly being maligned that
Bahamasair is disgrace to the
country, and it was a shame that
we couldn't perform better.
There's been an absence of
those kind of comments in the
press, and on radio and TV.
"We're encouraged. We're
pushing very hard to raise the
level of customer service. That's
within our control and some-
thing we are pushing on".
With flight on-time perfor-
mance having "improved really
considerably", Mr Farrington
said the Board was trying to
introduce "a little bit of a cul-
ture shift" at the national flag
carrier through the incorpora-
tion of private sector techniques
into its operations.
Savings had been generated
from energy conservation, and
on overtime and scheduling in
the airline's engineering and
maintenance departments.
"Management has been chal-
lenged in ways of reducing
costs," Mr Farrington added.
"We're looking at every aspect
of our business to ensure waste
is eliminated."








THE TRIBUNE


MONDAY, NOVEMBER 17, 2008, PAGE 7B


Business fall-off caused 300 rise in Atlantis lay-offs


FROM page 1B

workers were sent home.
Although last week's down-
sizing of the Atlantis workforce
by between 8-10 per cent, and
additional cuts elsewhere in its
global operations, have aligned
Kerzner International's costs
better with current business lev-
els, concerns remain about
more work-week cut backs and
redundancies throughout the
Bahamian tourism industry.
Although both Kerzner Inter-
national and Baha Mar, which
previously said it completed all
its planned workforce downsiz-
ing by the beginning of Novem-
ber, appear unlikely to initiate
any more large-scale lay-offs
this year, the real litmus test -
for the whole hotel sector will
come in the New Year.
With the Christmas/New
Year week likely to provide a
temporary spike in business, the
key will be forward bookings
for the February-April 2009
period the peak winter sea-
son.
With forward booking win-
dows' having narrowed to just
one week in many cases, trends
are notoriously difficult to pre-
dict, but if occupancies are well
below projections then anoth-
er round of industry redundan-
cies may be forthcoming.
Tribune Business under-
stands that Kerzner Interna-
tional has identified further
occupancy thresholds at which,
if business declines to those lev-
els, it may be forced to make
further lay-offs.
The company, though, is well
above those levels currently, the
next occupancy level at which
lay-offs may have to be con-
templated lying at around 50
per cent, it is understood.
Meanwhile, Kerzner Interna-


tional has denied that it initial-
ly looked at laying-off 1,500
workers, or that it was pres-
sured to reduce lay-off numbers
by Prime Minister Hubert
Ingraham and the Government.
J Barrie Farrington, Kerzner
International's executive vice-
president of administration, told
Tribune Business: "The Prime
Minister didn't put any pressure
on the company to reduce lay-
offs.
"He was obviously disap-
pointed, but understood it was a
prudent business decision. It
was a business decision taken
with great consideration."
Mr Farrington described the
lay-offs as "all very sad", but
added that Kerzner Interna-
tional and Atlantis would "be
stronger" for the experience
and emerge in better condition
for whenever the US economy
rebounded and wealthy Amer-
icans started travelling and
vacationing again.
Kerzner International has
been squeezed on both sides -
revenues and occupancies
falling at the front end, with the
need to service the several bil-
lion dollars worth of debt taken
on when chairman Sol Kerzner
led the 2006 buy-back that took
it private, on the other.
Documents seen by Tribune
Business from April 2006, when
Mr Kerzner and his investor
group, comprised of Wall Street
private equity and real estate
companies, put together the
buy-back proposal, show they
took on some $2.775 billion
worth of long-term debt.
The debt financing, provided
by Deutsche Bank and Gold-
man Sachs, consisted of a $2.075
billion loan and a $700 million
revolving credit facility, with a
$400 million bridging loan also
involved.
Servicing this debt load, plus


that taken on for Phase III and
the Atlantis-The Palm expan-
sion in Dubai, has been a key
consideration for Kerzner Inter-
national, and it is understood
that at Wednesday's briefing for
media house heads, company
executives said that unless the
downsizing took place the resort
owner could have been placed
in jeopardy of breaching its
banking covenants.
These included maintaining
a certain net debt-to-operating
income ratio, and with Atlantis
and the One & Only Ocean
Club the key income streams
through which Kerzner Inter-
national services the debt not
performing as expected, though
still profitable, the lay-offs in
the Bahamas and elsewhere
were the only way to maintain
the company's status quo.
Ultimately, Kerzner Interna-
tional's management and own-
ers had no option but to do
what they did to effectively pre-
serve the company and ensure
that 9,200 persons were not ulti-
mately laid-off from the Par-
adise Island operations.
While doing its annual bud-
get, Atlantis found that the 74
to 75 per cent annual occupan-
cy target initially projected was
not realistic, so they budgeted
for 72 per cent occupancy.
In early November, that 72
per cent occupancy was also
found to be unrealistic, and was
consequently dropped to 64 per
cent.
Atlantis is forecasting that it
is 50 per cent behind on book-
ings for the first three months of
2009, and this November and
December's occupancy rates are
down 30 per cent and 14 per
cent respectively.
Before the reduction in
Atlantis' workforce, the resort
began cost cutting across the
board, in all departments, on


Bahamas storage business to gain Q4 revenue rise


FROM page iB

fluctuated according to business


decisions made by its customers
and general market conditions.
Still, World Point Terminals


1f STUDIO OF na

D"RAPERIES Y
WULFF ROAD 323-6410
Continues to Celebrate it's ANNIVERSARY
with these low prices for one week

Double Drapes............$140.00 (print & plain)
Double Sheers............$120.00
Triple Drapes................$180.00
Triple Sheers.............$160.00
Rods............ ........... $10.00 Off
Q Kitchen Curtain Sets.......$25.00
S Valances...............from $50.00

Head down to Studio ofDraperies on WulffRoad


said marine activity revenues
were set to "remain strong
throughout the fourth quarter"
at South Riding Point.
However, on a down note,
South Riding Point was said to
be in arbitration proceedings.
with the contractor that
repaired its jetty, which was
damaged in the 2004 hurricane
season. "The expenses of this
arbitration, principally legal
fees, will continue to impact
income from continuing oper-
ations throughout the remain-
der of 2008," World Point Ter-
minals wrote.
Elsewhere, revenues from
Freepoint, the Freeport-based
tug boat business in which
World Point Terminals has a 50
per cent stake, increased by 6
per cent or $128,000 for the first
nine months in 2008.
The Canadian parent attrib-
uted this to "rate increases, fuel
surcharges and the -strategic
bare-boat chartering of two of
its vessels".
Apart from being a storage
facility, South Riding Point also
blends and transships petrole-
,um and other oil and liquid-
related products.


things such as lights and water
after energy costs went up last
year from $40 million to $60
million.
Before the staff reduction,
Atlantis had already saved
around $25 million
There has been constant
speculation that Disney and
MGM Mirage are looking at
acquiring Kerzner Internation-
al, but the current credit crunch
and economic downturn were
likely to put paid to any such
moves if they were in the offing.
This has also been denied by
Kerzner International.
It is understood that Disney
may have been interested in
using 600-room The Cove as the
hotel where its cruise passen-
gers would stay on three-night
stopovers, before continuing
with their voyage.


Legal Notice
NOTICE

BIG OREGON LIMITED

NOTICE IS HEREBY GIVEN as follows:
(a) BIG OREGON LIMITED is in voluntary dissolution
under the provisions of Section 137(4) of the
International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 13th November, 2008 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Manex Limited,
The Bahamas Financial Centre, Shirley & Charlotte
Streets, Nassau, Bahamas
Dated this 17th day of November, A.D. 2008


Manex Limited
Liquidator


BEST COMMISSION

Advertisement For

ENVIRONMENTAL OFFICERS

The Bahamas Environment, Science and Technology (BEST)
Commission, Ministry of the Environment is seeking persons with
qualifications in Environmental Sciences or persons with relevant
technical training or experiences in Engineering, Environmental
Science, Botany, Terrestrial Ecology, Urban Planning, Marine and
Coastal Sciences and or Natural Sciences, Earth Resources to fill
vacancies for the post of Environmental Officers. Interested persons
should apply in writing or electronically providing scanned documents
as PDF files to bestnbs@bahamas.gov.bs on or before the 28th
November 2008 to:-

The BEST Commission,
Ministry of the Environment
P.O. Box N-7132
Nassau Court, West Bay Street
Nassau, Bahamas
Tel: 242-322-4546 or 242-322-2576
Fax: 242-326-3509

Resumes should be submitted along with relevant documents and a
copy of the official school transcripts.


Public Utilities Commission





PUBLIC NOTICE

PUBLIC CONSULTATION


Bahamas Telecommunications Company's Application to
Modify Schedule 1 of its Interim License

The Public Utilities Commission ("PUC" or "the Commission"),
The Bahamas' regulator of the telecommunications sector, is pleased
to invite comments on its consultation document on the captioned
application from the Bahamas Telecommunications Company Ltd. (BTC).

The objectives of this public consultation are to:
a) inform the public and interested parties of BTC's application to
modify Schedule 1 of their Interim Licence to include rates for
various GSM Cellular Mobile Services;

b) indicate the Commission's intention for the application received.
from BTC; and

c) invite comments from the public and interested parties.

The Commission is required to exercise its powers and functions in a manner
that is timely, transparent, objective, non-discriminatory and consistent with
the objectives of the Telecommunications Act, 1999, and any other relevant
documents.

The Public Consultation Document can be obtained from the Commission's
office located at 4th Terrace East, Collins Avenue, Nassau or downloaded
from the Commission's web site at' www.pucbahamas.gov.bs. Written
comments should be submitted by November 28, 2008 via post, hand delivery,
facsimile or e-mail to:
Mr. Michael J. Symonette,
Executive Director
Public Utilities Commission
P.O. Box N 4860
Fourth Terrace East, Collins Avenue
Nassau, Bahamas

Telephone: 242 322 4437
Fax: 242 323 7288
Email: PUC(@pucbahamas.gov.bs.


NOTICE
},,



PROPOSALS FOR A


GROUP LIFE & MEDICAL INSURANCE

The National Insurance Board invites proposals from eligible insurance
companies and/or brokers for the coverage of its Life and Medical Insurance
Plan for the employees of The National Insurance Board as well as a separate
plan for our retirees.

The new policy will be for a year commencing on January 1, 2009, following
the selection of the successful tender.

Parties interested in submitting a proposal may collect an information package
from the Director's Office of the National Insurance Board Headquarters,
Clifford Darling Complex, Baillou Hill Road.

All proposals should be sealed, marked "Proposals for Life and Medical
Insurance," and must be delivered not later than 4:30 p.m., on
Wednesday, November 26, 2008, to:

The Director
THE NATIONAL INSURANCE BOARD
Clifford Darling Complex
Baillou Hill Road
P.O. Box N7508
Nassau, Bahamas


BUSINESS







I
THE fRIBUi,.-


PAGE 8B, MONDAY, NOVEMBER 17, 2008


Tribune Comics


JUDGE PARKER


CALVIN & HOBBES


DENNIS THE MENACE
-THANW. -ANO
PON'T 1O11*G-T TO
CHFCW MILITARY
PeCOP15 .


APT 3-G


BLONDIE
YOU WE JUST LOST ONE I WAS ALL SET TO YOU SURE LOOK DOWN
SURE OF THE WEALTHIEST SIGN BIG FAT IN THE DUMPS, DEAR
LOOK CLIENTS WE 0 BONUS CHECKS FOR
DOWN a f COULD? HAVE EVERYONE IN THE
IN THE EVER LANDED OFFICE .
DUMPS, -,-



,I., J 1--'- 1' R\. I ^_I'l _."^J '_
IILL'


MARVIN


TIGER


I KNOW T TURTLE'S AT HOME, HE JUST
PON'T WANNA COME OUT AN'7.LAY."


Sudoku Puzzle ,


Sudoku is a number-placing puzzle based on a 9x9 grid with
several given numbers. The object is to place the numbers 1 to
9 in the empty squares so the each row, each column and each
3x3 box contains the same number only once. The difficulty
level of the Conceptis Sudoku increases from Monday to
Sunday

5

8 7 1

1 9 8

4 95

6 64 8

78 2

2 3

9 6


Difficulty Level *


* 11/13


Kakuro Puzzle


Best described as a number crossword, the task in Kakuro is to
fill all of the empty squares, using numbers 1 to 9, so the sum of
each horizontal block equals the number to its left, and the sum
of each vertical block equals the number on its top. No number
may be used in the same block more than once. The difficulty
level of the Conceptis Kakuro increases from Monday to Sunday.


Yesterday's
Sudoku Answer

81612 11 94 7 5 3
7 114 523 6 8 9
3 915 7 618 4 2 1
2 457 8116 3 7 5
617 8 2_35 1 94

923 651847
4 57 37832 9 1 6.
1 8 6 9.4 27 532


- Yesterday's
Kakuro Answer



69 5
897 1


Across
1 Indifference to detail (10)
8 Thread rope through
some of the centre
evenly (5)
9 A lot more complicated
musical effect (7)
10 Soldier in retirement (7)
11 A widespread current
issue (5)
12 The calls he makes are
always noted (6)
14 He helps to make fitted
wardrobes (6)
17 I gloomily start for home in
the cold (5)
19 Giant oil spill in Philistine
city (7)
21 Assign work to a
writer (7)
22 Warning! This woman is
dangerous (5)
23 Natural outbursts that may
upset caravanners (10)

Yesterday's Cryptic Solutic
Across: 1 Imbibe, 4 Stocks, 9
Baroque, 10 Adieu, 11 Ennui, 12
Omnibus, 13 Pocket guide, 18
Athlone, 20 Yokel, 22 Inlet, 23
Ensured, 24 Glared, 25 Estate.
Down: 1 Inbred, 2 Baron, 3 Be quick
5 Train, 6 Climbed, 7 Squash, 8
Demosthenes, 14 Ophelia, 15
Ulysses, 16 Caring, 17 Sledge, 19
Outre, 21 Korea.


Down
2 Drawing level some time
before nightfall (7)
3 Battle scene around
northern region (5)
4 Heartbroken number show
ill will (6)
5 Improved and repaired
under direction (7)
6 Monster controlling the -
middle (5)
7 It's not often the present
combines with the
past (3,3,4)
8 He's against having
royalties (10)
13- Note proposal of love, for U
example (7) ,-1
15 Sue is of use (7) N
16 Doesn't differ in meagre
essentials (6)
18 Alec's unusual ties (5)
20 Look includes a ship of the
line (5) UJ

on Yesterday's Easy Solution
Across: 1 Design, 4 Profit, 9
Forward, 10 Apron, 11 Cheap, 12
Someone, 13 Case in point, 18 ,
Foliage, 20 Diary, 22 Sprig, 23
Dracula, 24 Theory, 25 Advent.
ck, Down: 1 Deface, 2 Spree, 3
Grapple, 5 Realm, 6 Forlorn, 7.
Tender, 8 Odds and ends, 14 At
large, 15 Old hand, 16 Offset. 17
Tyrant, 19 Anger, 21 Abuse.


Chess


Jmm =lyeNeW f i Av OY h es.& Je L 2 oRit f am i# Whae
KaspaMov,Dortmund 1982. AHime A S Nh3Oa atbyaNk, then.1.lnute.
number one asparov aways
had a fla for imagoative and
spector tactics. Here Kasparov
(Black, to play) took in trobl,
bishop for pawn down with his
B knolt aeat d. ItIt cktries
the obvous NM, hthens Q.c3l-s
IM2 and WAte wit wcotsdate
hfis.tWrialtead.haW, badit
S worked out, and his i l two
tuns created a ver syunprisin
checkmate pattn. Can you spot
Kasparo winning meove?


Across
1 Discourtesy (3,7)
8 Senior (5)
9 Wariness (7)
10 Defeat utterly (7)
11 Swell outwards (5)
12 Precarious (6)
14 Make good a loss (6)
17 Bring upon
oneself (5)
19 Sharp-cornered (7)
21 'Green leaf
vegetable (7)
22 Waterlogged (5)
23 Smugly virtuous
person (5-5)


Down
2 Hard to accomplish
(7)
3 Stupid person (5)
4 Silvery-white
metal (6)
5 Even-tempered (7)
6 A fall from a
horse (5)
7 At risk (2,8)
8 -Passionate zeal (10)
13 Hotchpotch (7)
15 Bound (7)
16 Impetuously (6)
18 Adhere closely (5)
20 Relish (5)


21


& S C .F


Target


The
Target
uses
words in
the main
body of
Chambers
21st
Century
Dictionary
(1999
edition),


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 12; very good 18: excellent 24
for more). Solution tomorrow.
YESTERDAY'S SOLUTION
admit aimed amid amide atom
dame demo diatom dime dome
emnit item made maid mate
mated matt matte matted mead
meat mite mitt moat moated
mode mote motet motivate
MOTIVATED motive move
moved movie omit omitted tame
tamed team time timed tome'
totem vomIt vomited


South's queen. Without batting 'an
eyelash, West, a wily old-timer who
had been around the block.more than
a few times, then continued with a
second spade to dummy's king''
The fate of the hand now hinged
on avoiding the loss of a trump trick,
and with four trumps missing, a
finesse was clearly the percentage
play. But South, likewise a veteran of
more than a few years' service at the
table, did not accept West's gift ticket
to the dummy with blind gratitude.
Instead, he'asked himself why
West, who knew South could not
have more than one spade, would
have given him access to an other-
wise "entryless dummy. The answer
was not long in coming. If West
wanted him in dummy, there had to
be a good reason. And the only
rational explanation had to be that he
wanted South to take a trump finesse.
Declarer therefore led a trump to
the ace at trick three, and West's king
came tumbling down to give him the
slam.
Of course, had West shifted to a
heart or a club at trick two, South
would have won in his hand and
would have had no alternative but to
play the ace of diamonds. West did
the best he could to give him a
chance to go wrong, but South, after
carefully examining the wrapping,
returned the gift unopened.


West dealer.
North-South vulnerable.
NORTH
*K5
1863
.94
4-J97652
WEST EAST
*AJ1097643 482
S52 VJ194
K +*76 3
+K8 4AQ 1043
SOUTH
4Q
VAKQ 107
*AQJ 10852
4-
The bidding:
West North East South
44 Pass Pass 5
Pass Pass 5 6*
Opening lead ace of spades.
Every once in a while, an oppo-
nent hands you a beautifully
wrapped gift, all covered with tinsel
and bows. Unless it's Christmas,
though, the present should be treated
in about the same way a bomb squad
would handle a loaf of bread that
ticked.
Take this case where South was
more or less driven into si. dia-
monds after his opponents refused to
let him have the hand for five. West
led the ace of spades, fetching


Tomorrow: Bidding quiz.
( 008 King Features Syndicate Inc.


COMIC PAG


CRYPTIC PUZZLE


T
R
I
B
U
N
E


T
W
0


I
N


0
*N
E


C
R
0
S
S
W
0
R
D


Contract Bridge

by Steve Becker


Thanks, But No Thanks


I













World leaders attend emergency summit




aimed at combating economic meltdown


WASHINGTON (AP) -
President George W Bush
underscored how dire the eco-
nomic crisis has become when
he told world leaders that he
had agreed to a $700 billion res-
cue plan for financial institu-
tions only after he'd learned
the US was at risk of sinking
into a "depression greater than
the Great Depression."
Leaders from 21 nations and
four international organizations
gathered in Washington for an
emergency summit aimed at
combating an economic melt-
down that started in US credit
markets and rapidly spread
around the globe.
Summit participants vowed
Saturday to cooperate more
closely, keep a sharper eye out
for red-flag problems and give
bigger roles to fast-rising
nations. But they avoided many
of the hardest details, leaving
them to be worked out before
their next summit, after Bush
is gone and President-elect
Barack Obama is in the White
House.
At the conclusion of talks
that took place over two days,
they released a joint commu-
nique that was modest in scope
but high in hopes.
Perhaps as important as the
modest concrete steps they
took, the leaders of. the plan-
et's richest nations and some
of the fastest-developing -
made clear their recognition of
the world's increasingly inter-
connected financial architec-
ture and the responsibilities
that go along with it.
"There shall be no blind
spots," German Chancellor
Angela Merkel declared.
"There is here a great common
will to ensure that such a crisis
is not repeated."
Covering eight pages and 47
action items, the document's
overarching focus is to estab-
lish a series of new safeguards
for the fragile and opaque glob-
al :financial system. Nearly all
the efforts are aimed in some


UNITED STATES President George W Bush and other world leaders pose for a group photo on Saturday in Washington at the Summit on Financial Markets and the World Economy. In the
front row (1-r) are Indonesian President Susilo Bambang Yudhoyono, Brazilian President Luiz Inacio Lula da Silva, President Bush, Chinese President Hu Jintao, Saudi King Abdullah. In the
second row (1-r) are Spain's Prime Minister Jose Luis Rodriguez Zapatero, Turkish Prime Minister Recep Tayyip Erdogan, Indian. Prime Minister Manmohan Singh, Canadian Prime Min-
ister Stephen Harper and Prime Minister Kevin Rudd of Australia...


way at better flagging risky
investment patterns and regu-
latory weak spots before they
bring down companies and then
ripple through entire
economies, as has happened in
recent months.
The leaders also discussed
the shorter-term problem of
how to bring their nations'


economies back from the brink.
Some had pushed ahead of
time for a pledge of coordinat-
ed new government stimulus
spending by each nation.
But with Bush cool to such
action in the US, the commu-
nique only endorsed taking
such action "as appropriate."
The talks were remarkable


for drawing together a vast
number and array of nations
and bringing them to agree-
ment on a set of actions, how-
ever limited, in less than a mon-
th's time. Leaders from major
powers including Britain, Ger-
many, France and Japan were
there,' alongside rulers from
developing countries such as


China, India, Brazil and South
Korea as well as from the oil-
rich Gulf state of Saudi Ara-
bia. The summit was
announced on October 22, and
the urgency of the downward-
spiraling global economic situ-
ation led to much faster action
than is typical.
A handful of th'' hundreds


of protesters that flocked to the
US capital city succinctly
summed up skepticism about
their benefit to the families,
around the world who are
increasingly worried about
mortgages, retirement savings
and jobs. "Money for people's
needs, not bankers' greed," said
their bright yellow signs. j


N AD
Nassau Airport EUE


FOR PROPOSALS

TENDER C-210
CONCRETE FOUNDATIONS STAGE 1


Nassau Airport Development
Company Is please to announce
the C-210 Foundations Stage 1
lender associated with the ex-
pansion of the Lynden Pindling In-
ternational, Airport. The C-210
Foundations Stage 1 lump sum
contract to include the following
components:

the Scope of Work generally includes
but Is not limited to:

Site stripping of top soil and

loose soil;

Stockpiling of topsoil for later use

by NAD;

Removal and capping of aban

doned utilities;

Excavation for building spread

and strip footings and elevator/

escalator pits;

Concrete, formwork, and rein

forcing for foundations;

Backfill and compaction and

site grading to site requirements;


* Field engineering and quality

control

* The approximate building and

pier footprint is 185,000 square

feet.


Tender Packages can be picked up
after 1:00 prm, on *
Monday November 17th, 2008.

Tender closing is at 3:00pm,
Thursday, January 8th, 2009.

There will be a Tender Briefing,
Thursday December 4th. Please
RSVP Traci Brisby by 1 pm December
3rd for briefing location details.



Contact
Traci Brisby
Contract & Procurement tanager
LPIA Expansion Project
ph: (242) 702-1086
fa>.: (242) 377.21 17
P.O. Bo>. AP 59229
Nassau Bahamas
email: traci.brisb, .'nas.bs


Core responsibilities:

* Develop/promote/support, on an ongoing basis, improvements to credit
processes/procedures which will ensure the delivery of the most cost-effective
and efficient services to customers without compromising effective
management of risk.
* Ensure compliance with the Bank's credit policies and procedures.
* Adjudicate Credit Proposals within delegated authority.
* Adjudicate/recommend and present Credit Proposals in excess of delegated
authority to appropriate Credit Committee.
Remain current on macroeconomic factors within the local economy and their
potential effects on the Banking Industry in general and any specific Bank
customer business.
* Ensure that the Bank's delinquency and non-performing ratios are maintained
within the established guidelines.
* Monitor quality of Bank's asset portfolio via relevant reports.
* Oversee the conduct of reviews of the Credit Portfolio to ensure that the
integrity is being maintained.
. Assist in the development of training courses for Consumer and Commercial
* Lending Officers.
* Manage the Bank's Loan Loss Provisioning and Write Off process.

Knowledge, Skills and Abilities:

* Bachelor's Degree and five or more years of credit experience.
* Strong accounting and financial analysis skills.
* Strong negotiation skills.
* Detailed knowledge of Credit and Collections.
* Core knowledge of legal practices and documentation.

Benefits include: Competitive salary commensurate with experience
and qualifications; Group Medical (includes dental and vision) and life
insurance; pension scheme.

Interested persons should apply no later than November 28, 2008 to:



DA 68508
c/o The Tribune
P.O. Box
Nassau, Bahamas


MONDAY, NOVEMBER 17, 2008, PAGE 915


t


THE TRIBUNE





THTRIBUNE

4HRBUNE


PAGE 10B, MONDAY, NOVEMBER 17, 2008


INSIGHT articles


GN777

MINISTRY OF FINANCE


GOVERNMENTNOTICE


INVITATION FOR TENDERS





The Ministry of Finance invites Tenders from suppliers of Electronic Data Interchange
(EDI) solutions to implement business-to-business, (B2B) electronic environment to
substantially enhance the electronic information exchange capabilities with the clients
of the Bahamas Customs Department.


Interested parties may collect Tender Specifications from the Ministry of Finance on
Cable Beach or Bahamas Customs Department Headquarters on Thompson Boulevard
Monday through Friday 900 a.m. to 5:00 p.m. The Tender Specifications can also be
obtained from website: www.bahamasgov.bs/finance.


Tenders are to be submitted in triplicate (3) in a sealed envelope marked 'CUSTOMS
EDI TENDER' and sent to the addresses below.

Chairman
The Tenders Board
4/o Financial Secretary
Ministry of Finance
Cecil Wallace Whitfield Centre (3 Floor)
Cable Beach
P.O.Box N-3017
Nassau, N.P., The Bahamas

E-Maik mofgeneral@bahamas.gov.bs
E-Mail: subrennahiggs@bahamas.gov.bs


The deadline line for submission of Tenders is Friday, f21 November, 2008 at :00
p.m.


Tenders will be opened at 10:00 a.m. on Tuesday, 25' November, 2006 at the meeting of
the Tenders Board at the Ministry of Finance.



The Ministry of Finance reserves theright to reject any or all Teders.


Re: Barack Obama The last
best hope for US and mankind?
DEAR Mr Marquis,
It is clear that, despite your
long residence in the Bahamas,
you remain unfamiliar with the
extent of the spectrum of
Bahamians that this country
contains.
It is unfortunate that Bahami-
an politics does not allow the
type of issue oriented selection
process that applies in the USA
and the UK. There is no short-
age of persons here with even
better credentials than Mr Oba-
ma. However, our selection
process does not favour persons
with high principles. In my view
Obama would not have been
elected in the Bahamas where
pork barrel politics, purchasing
of the electorate, and ignorance
still dictate the selection
process. I doubt that he would
have stooped to the vote-buying
and political intimidation that
is commonplace here.
In my view there are other
reasons why he would not get
my vote to lead The Bahamas.
We need a leader who, in addi-
tion to restoring hope, has as
his aim repositioning the coUn-
try on the original track of
nationhood...moving us past
political freedom to economic
and social freedom. But not at
the sacrifice of our Christian
values.
Obama has committed him-
self to abortion, gay marriage
and stem cell research, including
creation of foetuses to be har-
vested for tissue. These are rep-
rehensible, and as such he
would not have gotten my vote.
Nor would Mr McCain. Amer-
ica has simply been reduced to
scraping the bottom of the bar-
rel on both sides of the political
divide, due to the magnitude of
the failure of the Bush policies!
Mr Marquis, there are
Bahamians who stand for high-
er ideals than Mr Obama. I am'
one, and I would long haye
offered to lead, except that we
are not at the stage where a
leader who spurns purchasing
votes has a reasonable chance. I
will wait until that time comes.
I offered as a candidate in
1987 for the FNM, then a party
of high ideals, who opposed the
Nation for Sale state of affairs
brought on by the corrupt PLP


regimen. I learned a lot in that
campaign, and I will not offer
again until the political culture
changes to an issue oriented
process.
Perhaps the opportunity will
present itself with the inevitable
changes of leadership in the
main patties. Our system does
not favour third parties. There-
fore, like in the USA, there will
only be opportunity to take
charge of our destiny through
the main party machinery.
My name is Dr Dexter John-
son, and I am a Bahamian with
high principles, far higher than
those of Mr Obama. I have
been a doctor of medicine since
1975, an Edinburgh-trained sur-
geon FRCS 1980, a law gradu-
ate with a LLB ( UWI) and an
LLM (distinction) (UKC). I am
also a Commonwealth Scholar,
and I am currently' about to
retire from my post as Assis-
tant Professor of Law at the
College of the Bahamas. I gave
the first lecture in this law
degree programme almost ten
years ago, and I have been a
part of its growth since then.
This is after a complete-career
as a consultant surgeon here, in
the UK, and in the Common-
wealth Caribbean. There is no
question that I am more quali-
fied than Mr Obama, and I have
contributed more in the way of
public service than he ever will.
It is high time that an end is put
to the notion that in some way
we cannot put forward persons
as qualified as the sons and
daughters of other nations. You
as an influentiarjournalist have
a duty not to commit psycho-
logical abuse on Bahamians.
I started the Bahamian
National Party in 2006 to
protest against the lack of direc-
tion of both parties, and I have
persistently refused to be a part
of any ticket...FNM or PLP, due
to the poor leadership arid mis-
direction inherent in both par-
'ties currently. Both parties are
woefully short on principles and
need to rethink the way they
have contributed to the creation
of an ignorant electorate.
I would not normally respond
to newspaper articles. However,
I am tired of the view that out
there somewhere is the answer
to our problems, that somehow
we lack the potential to handle
our own affairs. There are many
more persons like myself capa-
ble of leading us in a manner
more appropriate to a Christ-
ian country in a secular world.
I would not make the con-
cessions to morality that Mr
Obama made...perhaps I will
never lead...no problem. I will
wait until there are enough of us
and the electorate becomes
tired of the current low-class
level of choosing its leaders. If
that time never comes...so be
it!
A country gets what it
deserves at the end of the day.
Just remember that no coun-
try has a monopoly of talent or
morality or high principles.
These are universal, and the
Bahamas, like every other
nation, does have its own.
I have admired your analyti-
cal approach to journalism, and
your ability to speak out boldly
in the media. You have consid-
erable influence here.
Do not become one of those
who undersell and underrate
the Bahamian. My thoughts
have been in the public domain
for some time:
see www.bahamianational
party.com
Thank you for your time...
Dr Dexter Reno Johnson,
Assistant Law Professor, The
College of the Bahamas, Con-
sultant Surgeon, Leader of The
Bahamian National Party.
MBBS, (UWI), FRCS (Edin.)
LEC, LLB (UWI), LLM
(UKC)
I read with much interest
your Insight article on Barack
Obama in this morning's news-
paper. As usual, your report
"hits the nail on the head" in
your description of this "new
breed" of politician on the
American political landscape. It
certainly is a refreshing and
much-needed change after the
antics and hands-off governance
of the George W. years.
As a relative of mine quot-
ed, if Obama is ableto acconm-
plish what he intends to do, he
is deserving of having his image
on Mt Rushmore.
With respect to your com-
ments about Bahamian politi-


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ISI HT.
For the stori es behind

^^^^Fthe news, rea Insight^^


cians and the tack of a true
visionary to leapl this country, I
agree wholeheartedly. Unfor-
tunately, to a large degree, the
voting population does not
demand this in their politi-
cians. This country over the
years has been mired deep in
the depths of mediocrity where-
by "anything goes" when it
comes to the acts and behav-
iour of politicians the recent
five-year stint under the PLP is
rife with examples of how politi-
cians should NOT conduct
themselves in a democratic
country. And, as usual, ,there
were no ramifications, legal or
otherwise, to punish the offend-
ers. Politicians and representa-
tives of government from other
countries have been forced to
resign their posts for doing far
less than politicians in this coun-
try demonstrate on a daily basis.
In my humble opinion,
Bahamian politicians act the
way they do because the voters
do not demand accountability
or ethical behaviour of their
representatives, nor in society
in general, which is the main
reason why the social fabric of
. this country is basically gone to
hell.
There is no longer right or'
wrong it is more a system of
"if I can get away with it, then it
is okay." We certainly cannot
look up to the leaders of this
country, both in Parliament or
in the pulpit, for any moral
compass or guidance.
Certainly most of the support
in this country for Obama was
based on his skin colour, and
not so much of his policies
towards the Bahamas. As an
offshore tax haven, the
Bahamas' second industry is
bound to suffer severely under
President Obama unless, of
course, PM Ingraham jumps on
the plane after the presidential
inauguration to make a case for
saving our financial services
industry.
Mr Marquis, I do not see any-
thing changing on the Bahami-
an political landscape for many,
many years. The only hope now
for the future of this nation is
for the younger, more educated
generations to rise up out of
mediocrity and demand
accountability from their rep-
resentatives and become more
involved in the policy-making
of this country. Nothing will
change until'the balance of
power be returned to the people
instead of the politicians, who
have held back the progress of
this country for several gener-
ations only for some to line
their pockets and those of their
cronies at the expense of the
greater populace. God bless us
all!
Regards,
J. Lundy
It is usually a pleasure read-
ing INSIGHT. You obviously
have a tremendous talent for
the written word.
We can all agree that Oba-
ma's victory means a lot not
only for us here in. the
.Bahamas but for the entire
world. It gives all of us hope
that finally men of colour can be
judged by the "content of their
character" rather than the
colour of their skin.
The "cool guy" Obama of
today would have been lynched
in the USA of the 50s and 60s in
the US. So his success today is
as a result of the work done by
fiery men of colour such as Pin-
dling here in the Bahamas and
the Martin Luther Kings, Jesse
Jacksons, the Charles Rangells
and, yes, the Malcolm Xs in the
USA.
It is wrong for you to deni-
grate the contributions made by
men like Pindling. He was the
type of leader we needed here
in the Bahamas in the 50s and
60s and maybe he overstayed
his time and you might be right
in suggesting that our current
leaders need to adopt a differ-
ent style, and the Obama's
"cool guy" demeanour is the
way to go today.
However, you can extol the
virtues of an Obama without
denigrating the 'efforts of our
leaders.
We all appreciate the promise
of a better world with Barack
Obama as President of the most
powerful nation in the World.
Obama gives all of us HOPE
for the future of the world.
Anthony Rolle
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THE TRIBUNE


MONDAY, NOVEMBER 17, 2008, PAGE 11B


generate feedback from the public


+ 4*

MONDAY. NOVEMBER 10, 2008 mu m,







The stories behind the news




















MonogEditor.The day;aher hiwin. Ob Frsti rvRIwh. rohe laedfellow











* B yJ RUIS "T h ro u g h o u t h is alm o st flaw le ss c am p aig n hi fit i esday ,er, n O b ,,am s adm ir ahly a ts d io r of t r
Obama transcended age, race, gender, class and [ask was 1o lake his daughters o .
to the US presidency. Barack religion to convey a message of compassion less love for them during his accep- ... ....
I nhiaa promoted m owhole-v e i b
some creed based on famoilv and lend substance to the American dream. ,,
e opp far family background-- Ihough heelfec- ca'sphlght is so deep in so many areas
all. air reward fo a happrdun tie or In the process, he laid a template for politicians y lost both parents al an early ag e lhal a purely partisan approach 1o lal.
everywhere, including the Bahamas, where is thbedrock ofhssuccess. enl selection is neither useful nor
The man has substlanch born of appropriate.
,- ,-. r-, idealism, fairness and consideration for the adversity, le is a truly iternational Most impressive of all. though. is
.L, .,, ,, ',,ne 'h, .".i, PT'"'y...i- h i.. ii hiaiihes.iwhi nmsclf;samanofdecsliny
paign. Obama transcended age. race. less fortunate in society have rarely figured ,, , .' almost lrom hie sian. with a genuine
gender, class and religion to convey a
ageocompassion and ndsub- as priorities among a ruling class fired Churhilland Anuri Beanfar .' '
banc e -o1.he American drem o.i.m..y selfmnterest and g.re... .
In ithe process. he laid a template p- ary by selfinterest and greed..." ,,* *
for politicians everywhere, including --John Marquis Le's hope lhal Bahamian pollticians, banks. law firms and corporations in
the Bahamas whereiidealism.fairness in particular, will take note of thisi i i i i
and consideration for the less fo tu- ,
i i hopehasbeensowidelyembraced. To hopefully be felt in those black soci- nessof htscause
f ties where posl-Colniial governancef
To be fair. Ih examplesset by colo- *' L .IW*1 1. i hasbeen far from siellar. i ii i .1 elhehemselves
ial administrations were hardly exem- those who yearn for global harmony. Let's hope he shows ihesame impa- world, if inl n its perception of the Can anyone tell me. please. where
play, while truly inspirational leader- , i.. i ....i ,i i .,...
ship like that apparently offered by i, i , i i I i '
Obas.i has been rare the poin of i '. .1 constantly fall bck on excuses for their wilh no ioril compass and lthekindol class,a cadre ilf people Wlii ire for
virtual non-existence in the post-war years after independence, 143 years lack of progress in life coarse. bra/en hubns olhers found di- the most par fired up only by a
S. after he Civil War and four decades Let's hope he continues lis drive to tastefultdesire I eton e goerment payroll
i .' after the Civil Rights Bill, has finally promote the family as a vital compo- Like all political leaders. Obama wil l -and nc 1 five d eais of f-p ng
TH FON PGEo te ovmbr 10,208edtinofIS IGT.


FROM page 10B

Your recent article on Oba-
ma and the effects of his elec-
tion as President-elect of the
great USA was spot on. Not
only was it well-written, as
always, but the questions which
you posed to our home-grown
politicians and wannabes were
relevant and logical.
President-elect Obama is in
a class all to himself and it is
next to impossible to find a sin-
gle Bahamian, with the excep-
tion, perhaps, of yours truly,
who places country above self.
It would appear that the
desire on the part of most of
our political directorate and
their erstwhile cronies is to get
elected and to secure as much
lucre as possible during the five-
year cycle.
If re-elected, all well and
good. If defeated or rejected at
the polls, all one needs to do is
to slink off into semi-retirement
until the next general election.
At that time, many of the voters
can and will be bamboozled
again. Unfortunately, in The
Bahamas, this has become the
accepted norm.
Community organisation is
something of a phenomenon in
this nation as the majority of
our societal 'leaders' would not
know their arms from their pos-
teriors. Not a single one of them
with the stark exception of the
Hon Branville McCartney
(FNM-Bamboo Town), the
Minister of State for Immigra-
tion, seems to have a clue as to
how to effectively organisee'
his/her constituency. I want to
believe that they simply do not
care but it may well be that they
are completely out of touch.
We do not need an Obama
here in The Bahamas. What we
are in urgent need of is a few
patriotic men and women
(under 60 years of age) who are
still youthful and who may not
be suffering from the onset of
Alzheimer's disease.
They should also come pre-
pared with a national plan and,
where possible, a clear vision
for the way forward for the
nation and not just self-promo-
tion.
I, for one, will seek elective
office at the very earliest oppor-
tunity, preferably in the great
constituency of Englerston
where I have already moblised
'The Urban Development Cor-
poration' to clean up, beautify
and modernise the community.
This is a non-profit organisa-
tion geared to assisting all resi-
dents of Englerston to live their
lives in dignity and self-reliance.
It worked for, Obama in the


inner cities of Chicago so I have
absolutely no doubt that it will
work for Ortland H Bodie Jr
over in Englerston.
If the Hon John Henry Bost-
wick, QC, was still in front-line
politics, he would have made
the ideal statesman in The
Bahamas. Not only is Henry
seasoned, politically, but he
once led the opposition forces in
the nation when to 'oppose' the
then Pindling dominated Pro-
gressive Liberal Party (PLP)
was akin to political suicide.
In addition, Henry is an inde-
pendently 'wealthy' individual
who would have little if any
desire or inclination to 'get rich
quick or die trying'.
Henry may not be interested
in returning to the heat of the
political battle but, like the
ancient generals of Rome, who
would have retired but whose
return to public office was
demanded by a confused and
perplexed nation, he will have
no choice but to heed the clari-
on call of the masses.
Still a youthful 69 years of
age, he looks and carries himself


far better than both the Rt Hon
Prime Minister and the Rt Hon
Leader of the Opposition, with
all due respect. Both of those
men look terrible and it is obvi-
ous that they are labouring
under stress and great duress,
for whatever reasons.
A team of Bostwick And Bod-
ie would be unbeatable and/or
unstoppable. With B and B all
one would need is the Bible.
Yes, John, the three Bs may
well be just what the doctor
ordered for The Bahamas.
Until then, however, there is
no need for an Obama in this
country. It is time we get
'beyond looking for a political
saviour outside of our shores.
We have 'gold' right here so
why travel to the USA to look
for it? To God then, in all
things, be the glory.
Ortland H. Bodie, Jr.

Re: How 'Calamity Jane'
finished off John McCain

I HAVE to say that the arti-
cle on Sarah Palin was hilari-
ous, especially your reference


to "otherwise sane and rational
men howling plaintively at the
moon" over this woman's phys-
ical attributes. You're right,
though, had she and McCain
been elected, it would have had
grave implications for the USA
and the world because she did-
n't appear to know anything
outside of Alaskan politics and
her conflict with big oil and
energy interests.
Watching the two campaigns
closely, I felt as you obviously
do that the Democrats were
just so much brighter than their
rivals, who were stooping -to
really low tricks to make Oba-
ma look bad. Palin's references
to his supposed terrorist con-
nections were very dangerous
and ought to have been checked
much earlier than they were.
As usual, Insight found the
right name to sum up the Palin
fiasco: Calamity Jane. Terrific
stuff!
P Hetherington
(Expat observer)

I read your article with much
enjoyment. I thought it, though
quite humorous, very insightful
and agree with you whole-
heartedly that Sarah Palin was
indeed John McCain's 'Calami-
ty Jane' and not his Annie Oak-
ley. Keep up the good work. It
is very rare that I.read an article
that long in any newspaper. I
usually skim them. This one I


read every last word.
K L Demeritte

BOTH Insight articles this
week are awesome. The item
on Palin was another classic.
The reference to her mouth
being "as enticing as a bowlful
of sugared raspberries" was so
funny I almost choked on my
Maxwell House. Please, please,
please keep it coming.
Rosemary Delisle
(Canada)

I AM troubled to hear that
Sarah Palin is now so deluded
by what you referred to some
weeks ago as "infantile adula-
tion" that she is seriously con-
sidering running for president
in 2012. Please, America, having
redeemed yourself with Oba-
ma, don't fall back on this
woman (not that she would
stand any chance of election!)
That would be too much.
A Bartholomew,
Cable Beach

Re: Movies with a message

Hey, read the article and I
wanted to comment that I sup-
ported your argument one hun-
dred per cent. My wife and I
feared that we may have been
the only people who realized
the censorship Nassau enforces.
Such ignorant censorship at
that, the Movado incident for


instance. I didn't even know
who Movado was until last
week Monday (and I'm 20) but
I felt outraged. What kind of
country is this where e church
pretty much gets their way? I
felt as if Branville McCartney
had might as well bend his
backside over and start speak-
ing Greek.
Galleria Cinemas is a disgrace
of a movie theatre that not only
neglects the thoughtful audi-
ence but solidifies the wasteful
youth who thrive on the violent
movies that it plays. In the
schools these students love that
kind of talk. Math homework
is on the back burner, it's all
about some girl, concert or
movie. None of which is doing
the country any good. Guys die
over girls, at parties probably
similar to something they saw
on the television.
As for your talk on religion,
as an. atheist (raised Anglican) I
tend to have an open mind to
anything. Therefore it's funny
to see people unite to ban a gay
movie or cruise ship and falter
on supporting the poor or ral-
lying for real change in the com-
munity. I mean, honestly, have
you seen the state Bain Town is
in? Why is the church focusing
on the wrong issues? Thanks
for the food for thought and I
hope to continue reading your
work.
Travis


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PAGE 12B, MONDAY, NOVEMBER 17, 2008


T4


TRIBUNE


It's going to get far worse before it gets better

MID O rF ... 1 AIT


rx~um page i D

better. With no immediate
prospects of improvement in
business, Atlantis was forced to
act.
It now seems certain that
2009 will be a virtual 'write-off'
for tourism as hard-pressed
Americans struggle to survive
the downturn. Bahamians need
be under no illusions: if things
are tough now, they ain't seen
nothing yet.
The impact of rising unem-
ployment is already evident
among working and middle
class families, especially those
no longer able to service huge
home and car loans.
Lack of financial prudence in
the past will undoubtedly deep-
en the misery of many, espe-
cially young professionals, but
working class people forced to
live hand-to-mouth are going
to suffer, too. *
Take Sharlene Black, 45, who
is now trying to work out how
to keep a family of six while
earning only $30 a day.
"Business is slow at the local
takeaway I cook for and I make
$25 to $30 a day. I have six chil-
dren, three boys and three girls,
with the youngest being eight
years old. When it comes to my
pay cheque, it is not enough and
does not cover my monthly bills,
including dealing with my kids.
"I cannot really tell them
they are going to have a good
Christmas. I let them know the
best way I can that I cannot
afford everything they want.
Maybe they will only get a good
meal this Christmas. They know
it is hard for me to do it alone.
"Their fathers are not as
active in their lives as they
should be. I thank God every
day that my children are healthy
and I do not have to be in and
out of the hospital with any of
them.
"My bills are overdue, liter-
ally past due many of them. My
light bill was unbelievable
before BEC came and gave us
poor people a break. Now it is
down to about $300 a month.
Most of my salary goes on food
because it is too expensive to
buy takeout.
"I try to budget every penny
I have and I do not lead the
lifestyle I used to lead in buying
expensive things and eating the
best and looking the best. I gave
m} children what thex wanted
but now that has stopped. I. try
to get only what is needed, not
what is wanted."
Nathalie Russell, 42, is


.


-w .


another single mother striving
desperately to keep her family
fed and sheltered, in her case
by working two jobs.
"There-are many hardships I
face being a single mother every
day. I work more than two jobs
to support my children. This is
one of the hardest things I have
to face every day.
"One of my other hardships
is working both jobs and some-
times not being able to give my
children the financial support
that is needed because all of my
income has to go on bills and
groceries and sometimes my
income isn't enough to cover
the basic bills.
"A few years back my chil-
dren had to carry hamburgers
for lunch every day because it
was all we had at the time for
me to fix lunch for them they
refuse to eat hamburgers now.
"I have five children two
girls and three boys. My eldest
is girl is 26 and she decided to
move to Exuma to work to
assist me in taking care of her
siblings, but there is only so
much she can do. Being a single
mother in this day and age is
both scary and rewarding.
"I was not raised in this type
of world so I am very fearful at
times with all the crime and vio-
lence going on. However, there
are opportunities out there and
I try to encourage my kids to
at least try everything to fur-
ther their education.
"My average income is $600
a month. My entire pay cheque
is devoted to my children
because I put them first. My
three boys' fathers are support-
ive only-in their time of need
and they try their best to help.
However, my daughters' fathers
are not as supportive and they
very seldom try and assist their
daughters.
"Each child has a different
father so I do my best to ask all
of them for assistance but it is
not much as they are 'crying
poor mouth' as well.
"My youngest daughter is 16
and we recently discovered a
lump in her breast. I took her to
the doctor but I need a second
opinion and if this is a serious
matter I have no idea how I am
going to' pay for any type of
medical bills so right now I am
hoping for the best."
For the working class who
are no longer in work, the eco-
nomic downturn threatens ,des-
titution.
For the middle-class who saw
heavy debt as the high road to
the good life, a time of reckon-


TT N! ORER anbes*e otiehrstonad Isa at ltwesyf


ing is at hand that will cause
them much grief and a pos-
sible realignment of their think-
ing. .
One middle-aged mother
told INSIGHT: "I have been
jtelliqg py daughters for many
'years that it malesFno"sense to
spend $800 on a design i hand-
bag, that there is more sense in
buying generic goods and saving


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TAYLOR INDUS
SHIRLEY STREET TEL: 322-8941 OPEN: MON FRI 7:30am-4
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money for a rainy day. this financial crisis will make
"But though I've always tried younger folk see sense.
to make them spend sensibly; "They must realise that cred-
their generation seemed to take it cards cause heartache and are
the view that they were entitled offered by people who have ji0
to expensive things and thvl fterest in their welfare, onlyA
,they would always be able f Faking as much money as thl
"pay. can from young people who
"Well, now they wish they don't know better.",
had that money they frittered As the economy gets tighter,
away on silly things. I pray that and money gets scarcer, it is
inevitable that some women will
turn to prostitution, while men
no longer able to make ends
meet in the lawful world will
turn to crime and drugs.
The implications .for the
iADS sBahamas are severe because
neglect by generations of politi-
T V s **cians has left the country with
nowhere to turn economically.
SSince the PLP came to pow-,
D i o er for the first time in the 1960s,
no attempt has been made to
devise a national plan, or to
N I.Aexploit the country's agricul-
LVANIA tural possibilities. There has
been no attempt at diversifying
' L TV's an extremely narrow-based
economy.
..............$ 573.00 In fact, Sir Lynden Pindling's
message to the Bahamian peo-
.. ........... 784.0 ple was that they did not need
$ 680.00 to be maids and servants any-
more, even though this is a ser-
HLV87.......$1,005.00 vice economy.
... 1,20 9 Tilling the land was consid-
0P. ........ 1,200U ered labouring work beneath
U720P......$1,455.00 the people of this newly liber-
ated society so the immensely
U1080P $2,250.00 productive islands of Eleuthera
,720P.... .$2,200.00 and Andros were allowed to fall
S. $1,45500 into a state of dereliction.
P ....... .$1,45500 Andros once boasted the
world's largest cucumber farm.
\Eleuthera had a flourishing
Agrarian economy based on a
string of farms running its full
length.
i Pineapples were harvested
in abundance. Tomatoes, cas-
sava, mangoes and other crops
thrived, and Eleuthera was con-
sidered the breadbasket of the
islands.
'" / Now abandoned grain silos
S. litter the landscape, stark
memorials to bad policies and a
misguided belief that a nation
.. can flourish off the back of poor
S ,- work ethic and a baseless
...... $ 0 n assumption that the good times
..................$88.00 would always roll.
................$110.00 Materialism became so ram-
pant between the 1960s and the
.................$150.00 turn of the century that the
....... ..... 302.00 Rolex watch really did become
a kind of national icon, the most
.. .... .. ....$197.00 desired of all possessions among
.................$572.00 . those who have neither the
brains nor the cultural sensibil-
.. ...start al $24.00 ities to appreciate anything else.
Bahamians developed into
S the kind of people who knew
S the price of everything and the
value of nothing, all attribut-
T able, I'm afraid, to Lynden Pin-
I v dling and his gang of wide boys.
4:30pmr SAT 8740am-12 noon Today, the most distressing.
ustries.com manifestations of their grasp-
u__rie _co___ .-____ ing philosophy are the young


families whose credit is maxed
out and who, finding themselves
without work, are now sitting
on the brink of bankruptcy.
., Ultimately, the entitlement
culture got such a hold that peo-
ple like the imripudent waitress
and the schoolboy who consid-
ered ten cents too little for
packing three items into a plas-
tic bag became commonplace.
The schoolboy who refused
to handle coins because any-
thing else but banknotes was
beneath him was an extreme
example of a mercenary soci-
ety which over four decades has.
become detached from reality.
When Haitians, who have
known hand-to-mouth hardship
for more than two centuries,
began turning up on Bahamian
shores, they were regarded as
a lesser breed from. a lesser
land.
When Bahamian students
went off to Cuba to study, they
were criticised for being crassly
materialistic in front of their rel-
atively deprived hosts.
Showing off, brandishing
wads of banknotes, they saw
nothing wrong in lording it over
fellow students who were con-
strained by the depredations of
a communist society.
Money lots of it fias a.tru-
ly corrosive effect on those who
possess it, and especially in their
attitudes to the less fortunate.
Now, alas, the Bahamas
could well be heading into a sit-
uation where a goodly portion
of its people will know what
poverty tastes like.
Eventually, hopefully, it will
emerge from the trough of
recession now awaiting it and
find its feet again.
Meanwhile, one hopes, the
impudent waitress will learn
good manners from adversity,
and make the link between the
customer's satisfaction and her
own professional well-being.
The. ungrateful schoolboy
bag-packer will come to the
conclusion as customers begin
giving.less in their own strug-
gle for survival that ten cents is
actually not a bad return for
five seconds work in a food-
store.
Whilethe student who never
handles coins will find that the
good :ife'at Atlantis can no
longer be. taken for granted, and
that drug dealing often leads to
a berth in the hospital morgue.
One thing can be said for
sure about hard times. They
form character, something this
country lacks in some quarters.
Recession is no bad thing if it
teaches people the lessons they
need to learn.
What; do you think? Fax
328-2398 or e-nail jmarquis@tri-
bunemedia.net


1 _






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MONDAY, NOVEMBER 17, 2008


The stories behind the news


;i111


I k


It's going to get



far worse before




it gets better


a Bgy JON MARQUIS FORTY ears ago, just before he left New
(Additional reporting Providence, the then colonial Governor Sir
by Alex Missick)
ro months ago. Ralph Grey warned Bahamians not to take
I impudent and their prosperity for granted. He felt there
re. ataa Nis .u was a tendency for them to believe they
affronted at bein left a tip in had divine protection. As Atlantis laid off
coJns instead ot notes that .he
returned it to the customer. 800 workers last week, and the world
The intention. of course. the
to cause hia emharrasment in financial crisis deepened, the Bahamas
front of others. But tht- result of


her stupiditN %as a loss of busi-
ne-s for her employers, because
the customer \who had been
_ using the restaurant for nearly a
decade o%%oed neer to
relu rn
At a foodstorc check-out. a
schoolbo\ bag'packer a;s som
insulted at being g, en a ten
cent piece for loading three
items into a plastic bag that he
actually began making sarcastic
remark- to hib, colleagues The
customer said: "If you don't
want.it, I'll take it back" and
.did precisely that, leaving the
schoolboy'gazing into his emp-
.ty palm.
At a Nassau secondary
school, a teacher was amazed
to discover that students
refused to handle coinage at all,
regarding it as beneath them.
"It's banknotes or nothing as
far as I'm concerned," said one,
declaring at the same time, inci-


found itself confronted with the prospect \
of real hardship for many of its people
for the first time in half a century.
l\,l ~lf' T .. . -.' '.


NI SIGHT reports***


announcement by Atlantis that
10 per cent of its staff \as on
the way. out came as little sur-
prise to those who have been
following economic develop-
ments closely. And it will come
as no surprise, either, if the
hotel lays off more people in
the New Year, with the final
figure possibly as high as 1,500..
It has been clear for months
that hotel occupancy has been
way down, that restaurants
were being closed for long peri-
ods every month, and that wait-


dental that his greatest ambi-
lion in life %asi to )\ork at
Atlantis or become a drug-deal-
er.
The incidents are trivial in
themselves, but reveal a mind-
set which has developed-dur-
ing 40 years of plenty. Many
Bahamians possess a sense of
entitlement born of a misguided
belief that the good times were
open-ended, and that their
nation was blessed like no oth-
er. Now it's wake-up time.
Last week's devastating


A.-


AN ATLANTIS WORKER canr
be seen when sne was laid-off
after working at the resort for
a number of years...


ers and others were having to
make do with shortened work
weeks.
Nonetheless, Atlantis's deci-
sion certainly shocked those
who fail, for whatever reason,
to make the connection
between the quality of their
work and the stability and sus-
tainability of their position.
Not long ago, mass lay-offs
at the Paradise Island resort
were unthinkable. In the late
1990s and early 2000s, Atlantis
was second only to Disney as a
leading resort brand of the,
Americas. Tourists were falling
over themselves to savour its
many attractions.
Now staff who once grossed
$7 0,000 a year for laying towels
on oolside loungers are having
to f e up to the bittertruth:
that -one gets'a free ride
when t higs get tight.
From rsonal observation,
I know th t the restaurant
employing th aforementioned
impudent waitress (not an
Atlantis restaurant, incidental-
ly) has been losing business dra-
matically over the, last two
years.
Caucasians, in particular,
have given up going there, part-
ly because of the openly racial
prejudice of the waitresses, but
also because their attitudes
attracted the worst elements of
Nassau street life, creating a
coarse and sometimes intimi-
dating environment.
Gradually, the shortcomings
of the staff were being reflected
in the bottom line. The dis-
graceful tip incident was sim-


ply another nail in the busi-
ness's coffin, which is now more
or less ready for formal burial.
Will the. staff and espe-
cially the waitress with the off-
.hand manner.- ever make the
connection between the restau-
rant's decline and their own dis-
. graceful behaviour?
Probably, particularly if they
find themselves in the predica-
ment now being suffered by
thousands of Bahamian fami-
lies, who face penury after
decades of relative financial..
security.
The fact that it was Atlantis
that delivered last week's
bombshell was heavily symbol-
ic because the Paradise Island
*resort has come to epitomise
the nation's economic resur-
gence over the last 15 years.
With up to 9,000 employees,
the hotel had developed into a
vital buttress of the national
economy, adding a first world
flourish to what had been a fair-
ly humdrum tourist product fol-
lowing the grim Pindling years.
At its height, Atlantis offered
those lucky enough to work
there the prospect of solid mid-
dle-class prosperity, with big
cars, foreign holidays and hefty
mortgages on stylish homes for
its well-paid workers.
Eye-popping salaries backed
up by sizeable gratuities were
commonplace in the good days.
Many employees racked up
heavy borrowings on the expec-
tation of continuing wealth.
Employees accumulated so
much debt off the back of their
earnings that the hotel man-


agementhad to cap pay cheque
repayments to creditors, rea-
soning that they had a social
responsibility not only to their
own staff but also their fami-
lies.
Now that business is bad,
workers who not so long ago
were on a financial high have
hit the skids, and the fall-out
will be very unpleasant.
The first publicly expressed
utterance signalling looming
catastrophe came when a senior
construction worker ontPI told
me weeks ago that Atlantis
founder Sol Kerzner had lost
hope of running a five-star
resort on what he had to con-
cede was two-star service.
In spite of Atlantis's intense
staff training programmes and
its renowned management effi-
ciency, there was only so far it
could go in delivering the prod-
uct Kerzner envisioned.
When waiters began work-
ing one and two-day weeks,
sometimes relying heavily on
cut-price weekend packages
from South and Central Amer-
ica,, the signs were already
bleak.
The source told me: "It's all
we talk about over here. When-
ever we get together for a beer,
everyone is wondering when
the axe is going to fall."
As America's sub-prime
mortgage crisis deepened, pre-
cipitating a global collapse in
the financial markets, it was evi-
dent that things were going to
get much worse before they got
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