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 Material Information
Title: The Tribune
Uniform Title: Tribune (Nassau, Bahamas)
Portion of title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Place of Publication: Nassau, Bahamas
Publication Date: October 23, 2009
Copyright Date: 2009
Frequency: daily, except sunday
daily
normalized irregular
 Subjects
Genre: newspaper   ( marcgt )
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: UF00084249:01415

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A

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A SUNNY,
. - . T-STORMS


The


Tribune


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Try our
Big Breakfast Sandwich'
4, '


Former PM

secures a

reported
84% of vote
By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
SECURING a reported 84
per cent of the vote, former
Prime Minister Perry Christie
was re-elected as leader of
the Progressive Liberal Party
yesterday in the largest
turnout the party has seen in
years at any national conven-
tion.
Thumping his colleague
and former leader of Opposi-
tion Business Dr Bernard
Nottage, Mr. Christie also
defeated PLP newcomer Paul
Moss who came in third in
the race securing only a hand-
ful of votes, according to
reports from the convention
floor.
Thanking the party dele-
gates and PLP stalwart coun-
cillors for yet another oppor-
tunity to lead them, Mr
Christie said that now is the
time for the PLP to come
together and conduct itself in
a "mature" fashion.
SEE page 12


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Picewell Forbes

to appear before

Senior Justice

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@
tribunemedia net
PLP NIP Picewell Forbes %ill appear before Senior
Justice Anita Allen today to e.\plain %h\ he should not
be held in Contempt ot Court.
The South Andros MP announced at the Progressive
Liberal Party convention on Wednesday night how PLP
Senator Pleasant Bridgewater had been acquitted of
SEE page eight


Davis takes
PLP Deputy
Leadership


By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
MP FOR Rum Cay, Cat
Island and San Salvador.
Phillip "Brave" Davis yester-
day saw his intensive cam-
paigning throughout the
Baham'as pay off as he
scooped the Deputy Leader-
ship of the Progressive Lib-
eral Party at its national con-
vention.
According to unofficial
results, Mr Davis - who
received the public support
of incumbent Deputy Leader
Cynthia "Mother" Pratt prior
to the convention - won
around 760 votes, while MP
for West End and Bimini
SEE page eight


Patrol car responding to call

collides with cement truck


A POLICE officer was killed and two
others injured when their patrol car col-
lided with a cement truck yesterday.
The three officers were responding to
reports of a major disturbance in the
Sunshine Park area when the crash hap-
pened. Assistant Commissioner of Police
Hulan Hanna said that as is standard
procedure, the unit's siren and beacon
lights were on.
According to reports, the patrol car
was travelling east on Carmichael Road
as a small white car was pulling out of
Fire Trail Road.
It is understood the patrol car had to
take evasive action to avoid crashing into
the car. A cement truck, however, was


travelling west, in the opposite lane,
when the patrol car collided into it. The
incident happened at about 1pmr
One of the officers, the front seat pas-
senger, died at the scene, while two oth-
ers were taken to hospital. The driver of
the cement truck escaped without
injuries.
Although police have not confirmed
the identity of the victim, The Tribune
has been informed he is Othello Darville,
a married father of two children.
"On behalf of the Commissioner of
Police and all police officers, I want to
extend condolences to the family of our
SEE page eight


!FNM hits
back at
PLP over
Economy
"e-


0
(U
E.
'a
L.


THE PLP's attempts to
blame the downturn in the
economy on the FNM shows
how desperate they are,
according to the governing
party.
In a statement issued last
night, the FNM said the glob-.
al economic crisis was not cre-
ated in the Bahamas, and that
the impact on the public has
been eased by the govern-
ment's response.
"Frustrated by their own
state of disarray and anxious
to find an issue they can
exploit in the next general
election, PLP leaders persis-
tently. try to blame the FNM
for the downturn in the econ-
SEE page 12


M Tntague
I T() T()R. I T 1D
. village Road Near Shirley Slreel
i Tel: .394-0323/5 OR 394-1377


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




BAHAMAS EDITION
www.tribune242.com


MartinboroughhI
still heads']od
Bahamian fieldd

�*.,.,.PAGE, ELEvEN


POLKE OFFI(ER KILLED IN (OLLISION


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PAGE 2, FRIDAY, OCTOBER 2~, 2009 THE TRIBUNE


SCENES FROM DAY TWO
PHOTOS T .|..OP ST4FF


W' ~ ~


.POTS SECTION
......................P1,2,3,5,6,7,8,12
/Le e ,.s. ............ .........................P4
,.. .................. ... I .!.9,.9, 10,11

.... .... .. ..P.. i ,2,3,4,5,6,7,9
..................................................P
.......................................P10


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Lia N. A. Lashley

3rd July, 1984 - 23rd October, 2008

Unable are the loved to die
for love is immortality


Remembering Lia with love


IN MEMORY OF


November ^ '2943,- October s, s0.,8


I)car I)addy,
we caf hardly believe it has alreduly
been a year since ypaou went hotiite to le Lord.
We Iniss you so much 1 ;11 d will Alwlys love yu.,
We have wonderful memories of'
our lihc togeliter nid we cherish h iiin
as \we \wouldI a p)rciouls trcaslure.
Reliuemlbering you today wirh love.

Donna, l'(kv., AMlicd/le, MIladn, ,. 1I,J v.
,. "" and thet, whol/' ox, Family.


TODSCUS TOIS'N HS PAGE LGSO TO'WWRIBUE24.CO


PAGE 2, FRIDAY, OCTOBER 23, 2009


THE TRIBUNE


.... r












Election for PLP top




"ij 1 posts may be contested


By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

YESTERDAY'S elec-
tion to determine who will
hold the top posts in the
PLP may be contested
over suspicions of manipu-
lation of the voting
process.
Leadership candidate
Paul Moss was outraged
when he had still not


By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

AMID some controversy
over his eligibility as a can-
didate, late comer to the
race for PLP national chair-
man Bradley Roberts yes-
terday regained the reins of
what some call the most
important office in the par-
ty at the PLP convention.
Despite initial contention
over whether or not he was
nominated in the correct
fashion, Mr Roberts capi-
talised on his past profile as.
"Big Bad Brad" - the polit-
ical fighter with a loud voice
- defeating incumbent chair-
man Glenys Hanna-Martin,
along with contenders Keod
Smith and Kenred Dorsett.
While early reports from
Mr Smith's camp indicated
that he might challenge the
outcome 'of the vote given
that Mr Roberts was not
nominated by a. registered
delegate, later in the day
Mr Smith was less combat-
ive, suggesting he would
leave the matter up to the
Rules and Credentials
Committee of the party to
'determine.
Meanwhile, both Ms
Hanna Martin and Mr
Dorsett suggested that the
party had made its choice
clear in voting for Mr
Roberts and while there
were some initial concerns
over the manner in which
he was nominated, they
would now wish for the
organisation to focus on
party business and not
engage in internal feuds.
Mr Roberts was the last
person to enter the Chair-
manship race, publicly
announcing his intention to
enter the race only last Sun-
day.
At that time he revealed
that he had been called
upon by party members to
return to frontline politics
and was doing so with the
primary intention of forg-
ing the PLP into fighting
form to win the next gen-
eral election - a commit-
ment he reiterated upon his
victory yesterday evening.
Speaking after he was
unofficially announced win-
ner of the four way race,
Mr Roberts said he felt a
"very clear message" had
been sent by the party as to


who they wanted for Chair-
man.
. "I pledge to them (those
who voted) and the mem-
bers of the PLP that I will
work even harder than. I did
when I was previously.
Chairman of this party to
ensure that the PLP is
returned to the government
of this country under the
able leadership of Perry
Gladstone Christie and with
Brave Davis as his deputy,"
Mr Roberts said.
The 65 year-old former
MP and cabinet minister
said that he is first of all
committed, like leader and
deputy leader elect Perry
Christie and Phillip Davis,
to unifying and strengthen-,
ing the party.
He added that reorganis-
ing and reenergising the
branches of the party will
also be critical in the com-
ing months and years.
"They are a key compo-
nent of the party and we
have to make sure we have
them in every nook and


cranny of the Bahamas."
"We have to ensure that
our people are battle ready
for whenever Hubert Ingra-
ham rings the bell (fof the
next election)", said Mr
Roberts.
Mr Roberts, who formal-
ly stepped down from front-
line politics in 2007 when
he decided not to run in the
general election, said that
he did not in the interven-
ing two years "sit down and
put (his) head down" but
stayed in touch with the day
to day business of the party
and as such is in a good
position to step in as Chair-
man.
He thanked Ms Hanna
Martin for her contribution.
"I love and I want to thank
her... and now that she is
moving on I hope she will
return to her constituency
that she loves and will give
her full support to the peo-
ple of Englerston.".
On her part, Ms Hanna
Martin said jshe was "per-
sonally disappointed" about


received the official regis-
ter of voting delegates as
they marked their ballots
yesterday afternoon.
Without the register, Mr
Moss said candidates can-
not be sure whether non-
financial delegates - who
are not permitted to vote -
are involved in choosing
future party leaders.
The PLP newcomer said
he was embarrassed by the
irregularity of the voting


the result of the vote that
toppled her, but she
realized that the "conven-
tion has spoken" and the
outcome is clear.
"The party has collec-
tively determined the way
forward and I accept that,
so I am disappointed per-
sonally but not fundamen-
tally," said Ms Hanna Mar-
tin.
She said she would now
focus-on other areas of her
life, such as her constituen-
cy and parliamentary work.
Winning the posts of
National Vice Chairman
were: Melissa sears, Kevin
Ferguson, Ryan Pinder,
Omar Armbrister and
Randy Rolle.


Fetilpiz ir, Fng icd,

PesiCotro


process and is prepared to
contest the result, whatev-
er it may be.
Mr Moss was the first to
announce his intention to
fight the incumbent Perry
Christie for the position of
party leader in September,
and his announcement was
followed by that of Bain
and Grants Town MP
Bernard "BJ" Nottage, the
third candidate for the top
post, on October 15.
Mr Moss and other can-
didates expected to receive
the list of voters at 7pm on
Wednesday, and when he
had not received it as the
first day of the 51st PLP
convention drew to a close
just before midnight, he
wrote to election commit-
tee supervisor Valentine
Grimes to request it.

Delegates

The party leader hope-
ful claims Mr Grimes con-
firmed non-financial dele-
gates were in fact included
in the voting process,
which he said is not only
an error but also a breach
of the party's constitution.
Mr Grimes declined to
comment on the matter
and had not responded to
Mr Moss as the voting got
underway yesterday after-
noon.
Mr Moss said: "It seems
to me whatever the out-
come of this election, once
the vote's are counted, it
can only be an exercise of
formality.
"This is not the proper
process and I am embar-
rassed as a candidate that
we could not get this right.
"I am not the only one
affected by this, but I, am.
prepared to stand against it


in the name of our fathers
who- formed the constitu-
tion set to eradicate this
kind of injustice in our
.election process."
Mr Moss said he had
written to the election
committee supervisor on
October 1 to ensure the
register of voters would be
provided to candidates
Well in advance and he was
disappointed to have been
denied both the list and an
explanation yesterday.

Candidate

He added: "They know
any candidate for any elec-
tion must scrutinise the list
to make sure only eligible
voters can vote.
"Right now I don't know
who's voting and I was
supposed to have the list
well in advance.
"They have shown a bla-
tant disrespect for the
process without regard for
the constitution and when
that happens, it's absolute
chaos."
In addition to Mr Moss,
Mr Nottage and Mr
Christie, deputy leader
candidates Philip "Brave"
Davis, MP for Cat Island,
Rum Cay and San Sal-
vador; Senator Jerome
Fitzgerald; and West End
and Bimini MP Obie
Wilchcombe, might be
affected.
Voting delegates also
made' their choice for
national chairman of the
party between former MP
Bradley Roberts, the par-
ty's national deputy chair-
man Kendred Dorsett, for-
mer MP Keod Smith and
incumbent national chair-
.woman, Englerston MP
Glenys Hanna-Martin.


380-FLIX
Use your e-card to reserve tickets at 380-3549 or visit us at
www.bahamaslocal.com


I TO DSCUSS S R T I S g>GE O ON T gWW.TRIBUL>'t' 2':2. &I M


FRIDAY, OCTOBER 23, 2009, PAGE 3


THE TRIBUNE






PAGE4,FIRIDAYnTOCTOLTS 2T3 ,T20 ETOR9 T IB


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

LEONE. H. DUPUCH, Publisher/Editor 1903-1914

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Published Daily Monday to Saturday

Shirley Street, PO. Box N-3207, Nassau, Bahamas
Insurance Management Building., PO. F-485, Freeport, Grand Bahama

WEBSITE
www.tribune242.com - updated daily at 2pm


Insurgents pursue different goals


WASHINGTON - As it devises a new
Afghanistan policy, the Obama administration
confronts a complex geopolitical puzzle: two
embattled governments, in Afghanistan and
Pakistan; numerous militias aligned with over-
lapping Islamist factions; and hidden in the
factions' midst, the foe that brought the Unit-
ed States to the region eight years ago, al-Qai-
da. But at the core of the tangle are the two
Taliban movements, Afghan and Pakistani.
They share an ideology and a dominant Pash-
tun ethnicity, but they have such different his-
tories, structures and goals that the common
name may be more misleading than illuminat-
ing, some regional specialists say.
"The fact that they have the same name
causes all kinds of confusion," said Gilles Dor-
ronsoro, a French scholar of South Asia cur-
rently at the Carnegie Endowment for Inter-
national Peace in Washington.
This week, Dorronsoro said, as the Pakistani
army began a major offensive against the Pak-
istani Taliban, many Americans thought incor-
rectly that the assault was against the Afghan
Taliban, the force that is causing Washington to
consider sending more troops to Afghanistan.
At stake is not just semantics. Grasping the
differences between the two Taliban forces,
and their shifting relationships with al-Qaida, is
crucial to understanding the debate under way
in the White House situation room. Though
both groups threaten American interests, the
Afghan Taliban - the word Taliban means
"religious students" - are the primary ene-
my, mounting attacks daily against the 68,000
American troops in Afghanistan. Washington's
biggest fear is that if the Afghan Taliban over-
run the country, they could invite al-Qaida's
leaders back from their Pakistani hide-out.
Alex Strick van Linschoten, a Dutch researcher
who lives in Kandahar, in the heart of the
Afghan Taliban's power base, said that while
leaders of the two Taliban groups might say
that they share common interests, the two
movements are quite separate.
"To be honest, the Taliban commanders and
groups on the ground in Afghanistan couldn't
care less what's happening to their Pakistani
brothers across the border," said Strick van
Linschoten, who has interviewed many cur-
rent and former members of the Afghan Tal-
iban. In fact, the recent attacks of the Pak-
istani Taliban against Pakistan's government,
military and police, in anticipation of the army's
current campaign into the Pakistani Taliban's
base in South Waziristan, may have strained
relations with the Afghan Taliban, said Richard
Barrett, a former British intelligence officer
who tracks al-Qaida and the Taliban for the
United Nations.
The Afghan Taliban have always had a close
relationship with Pakistani intelligence agen-
cies, Barrett said recently. "They don't like the
way that the Pakistan Taliban has been fighting
the Pakistan government and causing a whole
load of problems there," he said.
The Afghan Taliban, whose group is by far
the older of the two forces, have been led by


Mullah Muhammad Omar since he founded
the movement in 1994. They seek to regain
the power they held over most of Afghanistan
before being ousted by the American invasion
of 2001. In an interview this week, speaking
on the condition of anonymity, an Afghan Tal-
iban commander expressed sympathy for the
Pakistani Taliban, but said, "There will not be
any support from us." He said the Afghan Tal-
iban "don't have any interest in fighting against
other countries."
"Our aim was, and is, to get the occupation
forces out and not to get into a fight with a
Muslim army," the commander added.
Before 9/11, the Afghan Taliban hosted
Osama bin Laden and the other leaders of al-
Qaida, but the groups are now separated geo-
graphically, their leaders under pressure from
intensive manhunts. On jihadist Web sites, ana-
lysts have detected recent tensions between
al-Qaida, whose proclaimed goals are global,
and the Afghan Taliban, which have recently
claimed that their interests lie solely in
Afghanistan. Dorronsoro, the French scholar,
said the Afghan Taliban were a "genuine
national movement" incorporating not only a
broad network of fighters, but also a shadow
government-in-waiting in many provinces.
By comparison, he said, the Pakistani Taliban
were a far looser coalition, united mainly by
their enmity toward the Pakistani government.
They emerged formally only in 2007 as a sepa-
rate force led by Baitullah Mehsud under the
name Tehrik-i-Taliban Pakistan, or Students'
Movement of Pakistan.
After Mehsud was killed by an American
missile in August, a fellow tribesman, Hakimul-
lah Mehsud, took over after a period of jock-
eying for power in Pakistan's tribal areas.
Another complication for regional termi-
nology: Most leaders of the Afghan Taliban
are based in Pakistan, directing their forces
from hide-outs across the border. Omar and his
top deputies are believed to be in or around the
southern Pakistani city of Quetta. Two other
major factions in the Afghan insurgency are
led by veteran Afghan warlords, Jalaluddin
Haqqani and Gulbuddin Hekmatyar, who are
in Pakistan's tribal areas, where the Pakistan
Taliban is strongest. Al-Qaida's leaders, includ-
ing bin Laden, are believed to be hiding in the
same tribal areas of Pakistan. While it has been
weakened by American missile strikes, the ter-
rorist network nonetheless is believed to have
provided support for the Pakistani Taliban's
strikes against the Pakistani government.
For the United States, regional experts say,
the long-term challenge is to devise policies
that peel away as many militants as possible
from both Taliban forces, isolating al-Qaida
and other hard-liners and strengthening the
Pakistani and Afghan governments. But for a
non-Muslim superpower, widely resented in
the region, that is a tall order.

(This article is by Scott Shane
c.2009 New York Times News Service)


Bishop Simeon





Hall and the





Memorial Wall


EDITOR, The Tribune.

I support the initiatives of
Bishop Simeon Hall as it
relates to the construction
of the memorial wall that is
located on the grounds of
the New Covenant Baptist
Church, Independence
Highway.
The wall's structure is sig-
nificant and it's truly a beau-
tiful symbolic tool in
remembrance of our loved
ones whose lives have ended
in horrific and unjust fash-
ions.
Nevertheless some words
on the wall are controver-
sial and oppose the Christ-
ian belief and it belittles our
supreme God because it is
used out of its original con-
text; "our father which art
in heaven is a jealous God."
This error is despicable and
those who suggested the use
of the Revelation 7:17 as a
header for this innovative
wall must make the neces-
sary corrections to insure
biblical validity.
The writing on the wall
states "...And God shall
wipe away all tears from
their eyes......Revelation
7:17. Now the full verse of
Revelation 7:17 states. For
the Lamb which is in the
midst of the throne shall
feed them, and shall lead
them unto living fountains
of waters: and God shall
wipe away all tears from
their eyes." Using of this
biblical scripture with names
of the deceased attached to
it misleads Jesus Christ's
Gospel; those who con-
structed the wall are saying
they have the power to
judge souls. This scripture is
talking about the congrega-
tion in heaven. How do we
know that all of the individ-
uals on that wall are going to
heaven? Scripture reveals


that Jesus is judge through
God the almighty.
Psalms 50:6, states "and
the heavens shall declare his
righteousness for God is
judge himself." Proverbs
29:26 states "Many seek the
ruler's favour; but every
man's judgment cometh
from the Lord." Ecclesiastes
12:14 states "For God shall
bring every work into judg-
ment, with every secret
thing, whether it be good,
or whether it be evil."
In The book of John the
fifth chapter versus 25-31
Jesus states:
25 "Verily, verily, I say
unto you, The hour is com-
ing, and now is, when the
dead shall hear the voice of
the Son of God: and they
that hear shall live."
26 "For as the Father hath
life in himself; so hath he
given to the Son to have life
in himself;"
27 "And has given him
authority to execute judg-
ment also, because he is the
son of man.
28 "Marvel not at this: for
the hour is coming, in which
all that are in graves shall
hear his voice,
29 "And shall come forth;
they that have done good,
unto the resurrection of life;
and they that have done evil,
unto the resurrection of
damnation."
30 "I can of mine own self
do nothing: as I hear, I
judge: and my judgment is
just; because I seek not mine
own will, but the will of the
father which has sent me."
31 "If I bear witness of
myself, my witness is not
true."


I support Mr Simeon Hall
and the construction of the
wall but the scripture of
Revelation 7:17 needs to be
replaced with something less
judgmental. In the book of
Corinthians Paul clearly
opposes the thought of judg-
ing others as well as self
judgment. This is the man
who wrote two thirds of the
New Testament. He states
in 1 Corinthians 4:3-6
(3) "But with me it is a
very small thing that I
should be judged of you, or
of man's judgment: yeah, I
judge not my own self."
(4) "For I know nothing
by myself; yet am I not here-
by justified: but he that Jud-
geth me is the Lord." 5
"Therefore judge nothing
before the time, until the
Lord come......."
Now I cannot throw
stones at any man (human
race) because "we all were
born in sin". Matthew 7, ver-
sus 1-2 is relevant for judg-
ing the way others live their
lives, but I am not judging, I
am giving biblical justifica-
tion that Jesus is the judge of
our souls. Nevertheless
when a man takes on the
role of Jesus Christ, I could
care less even if he carries
the title Bishop, he is out of
order and his decision mak-
ing needs to be realigned to
the word of God.
Bishop, I know that the
idea was harmless but we as
believers mislead people
when we make careless mis-
takes, correct it please!

ELKIN
SUTHERLAND Jr
Nassau,
October 2009.


Marital rape bill: Religious



leaders need to speak up


EDITOR, The Tribune.

One of the most talked
about issues in The
Bahamas today is the rape
bill as many refer to it.
In high schools, colleges,


The Public is hereby advised that I, Devon Alexander
Mclntosh intend to change my name to Devon Alexander
Bell. If there are any objections to this change of name
by Deed Poll, you may write such objections to the Chief
Passport Officer, P.O.Box N-742, Nassau, Bahamas no
later than thirty (30) days after the date of publication of
this notice.


4

4


II, I.'.',

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JONES & CO

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on the job, in church board-
rooms and everywhere else
imaginable both men and
women, young and old are
discussing the proposed
amendments to the Sexual
Offences Act.
Some of our religious
leaders have come out in
support of it and some have
said openly that they dis-
agree with it.
There are many times
when government should
seek the advice of the
church and this is one of
them, but in my opinion the
church has been silent on so
many issues that they should
have spoken out on that
many people are wondering
if many of the religious lead-
ers themselves are hiding on
this one.
This particular piece of
legislation needs much con-
sultation and I must applaud
the government on how they
are dealing with it, by going
from place to place includ-
ing our Family Islands to
have discussions and dia-
logue with the masses.
I agree with some parts of
the new amendment and
chose to disagree with some
parts of it.
Let's look at one of the
main points where an issue
arises for me.
Presently, a spouse can-
not report another for rape.
With the new legislation an
incident happens with my
spouse and she conjures in
her mind that she is going
to get back at me for some-
thing I did.
She can wait two years
before the incident is statute
barred, so she can report me
for rape to the police?
I truly believe the police
will do its investigation, but
the interrogation they will
put me through will cause


embarrassment to me and
my integrity that may never
be able to fix, depending on
where they pick me up or
who picks me up.
Never mind what is being
said that proper investiga-
tion will be conducted and
the spouse reporting the
incident will have to prove
that an offence took place.
This bill could lead to more
family violence, because
when the spouse is allowed
to leave the station, he may
head directly for the accuser
and may cause bodily harm
or even murder.
The government, the
Crises Centre and all
involved should think hard
and long on this one.
We call ourselves a 'Chris-
tian nation'; do we really
know what we are saying?
As a Christian nation, we
should be able to work out
these situations and live
together in peace and uni-
ty.
The Crises Centre, the
church and the government
need to all sit down around
the round table and proper-
ly trash this bill out, so that
we do not make the major
mistakes or leave any stone
unturned.
Speak up religious lead-
ers, like the Catholics and
the Seventh-Day Adventists,
speak with one voice not
one here and one there,
come together and work this
one out, before we have
more chaos in the land.

CURTIS BRYAN
Nassau,
October, 2009.


DON STAINTON

PROTECTION

WE SELL OUTER SPACE
TELEPHONE: 322-8219 322-8160



AL ALUMiNUM PATO ROOF ORt
SCREENED ROOM


WE DO IT WHEN WE SAY WE WiLL!


ALL ALUMINUM CAR PORT
Swhi TheBahomrmia C wdIlfty Sles 1978
'-* -^


PAGE 4, FRIDAY, OCTOBER 23, 2009


THE TRIBUNE







PAGELOCAL 8,WS FRIDAYIOCTOBER23,2009THE B


Police officer



is killed



in collision


FROM page one

fallen colleague. We want to thank the family for allowing
him to serve in such a noble way," Mr Hanna said.
He also extended his thanks to the members of the pub-
lic who helped the officers after the crash.
Police have launched an investigation into the crash, and
are asking for the public's assistance with information
regarding the white car involved in the accident.


OTHELLO DARVILLE was a married father of two children.


Picewell Forbes



to appear before




Senior Justice


FROM page one

attempted extortion charges
against Hollywood actor John
Travolta.
Excited delegates jumped on
their chairs and danced to "Oh
Happy Day!" to celebrate
Bridgewater's alleged acquit-
tal as Mr Forbes exclaimed:
"Pleasant is a free woman
PLPs! Pleasant is a free woman
PLPs! God is good PLPs!
Pleasant is a free woman! God
still reigns PLPs!"
The outburst was broadcast
live on national television and
radio while the jury was still in
deliberations at 9.30pm.
Senior Justice Allen
declared a mistrial less than
two hours later as she said:
"We are very concerned, in the
interest of justice, that it does
not appear that there has been
a communication from the jury
room. Justice must not only be
done, but seen to be done."
Mr Forbes was allegedly
questioned by police on


Wednesday night, but his attor-
ney Anthony McKinney of
McKinney, Turner and Co,
said he was not aware of any
police involvement.
Mr McKinney visited Senior
Justice Allen at her court yes-
terday morning and agreed to
appear in court with Mr Forbes
at 10am today "with a view to
answering the question as to
why he should not be held in
Contempt of Court," Mr McK-
inney said.
Mr Forbes' attorney told
The Tribube how the MP had
not had any communication
with the jury but had heard the
news on the convention floor
before he shouted it out on
stage.
The attorney said: "I expect
you will understand there was
no intention on his part to do
anything that could be con-
strued to be calculated to con-
trovert the proceedings before
the judge."
Mr McKinney maintains Mr
Forbes' premature announce-
ment was an innocent act as


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he was simply repeating some-
thing he had heard on the con-
vention floor.
He said: "He took the
moment. He was in an accel-
erated mood in the party and
events being what they are... it
wasn't something that he sat
down and contrived.
"It produced a result that
nobody wanted of course, and
if it had any intent in it, it
would be egregious, but having
no intent it cannot be egre-
gious."
He added: "Any number of
circumstances could play into
how the information came into
the public domain, but I know
he did not in any way con-
tribute to the rumour becom-
ing a part of what he eventual-
ly announced.
"He is innocent in that
regard."
Incumbent party leader Per-
ry Christie refrained from com-
ment when asked about the
matter yesterday.
He said the party maintains
the official statement released
by the PLP on Wednesday.
The statement reads:
"(Wednesday) evening in the
course of an address at our
annual national general con-
vention, it was announced that
former Senator Pleasant
Bridgewater had been acquit-
ted.
"The announcement was
incorrect.
"We give an unqualified
apology.
"This was not intended to
interfere with the administra-
tion of justice."


gon. EW
_.Ilk piinuteld by lhecovenience




































LIMITED le wa o
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Davis takes PLP Deputy Leadership


FROM page one

Obie Wilchcombe got 400 and Senator
Jerome Fitzgerald secured 200.
Having participated in what some said
was the most competitive race for deputy
leadership in the party's history - a race
which some credited for attracting a record
turnout to the convention - Mr Davis said he
was "humbled and overwhelmed" by the
support he had received from stalwart coun-
cillors and delegates.
As the unofficial announcement that Mr
Davis had secured the deputy post was
relayed from the room where the ballots
were counted down to party supporters on
the ground floor of the hotel, the scene
erupted with supporters shouting with
delight and music blaring.
Supporters began chanting that the party
now represented "The Real CDR" - with
(Perry) Christie as leader, Davis as Deputy
and (Bradley) Roberts as Chairman - an
apparent jibe at unsuccessful leadership chal-
lenges and former leader of the Coalition
for Democratic Reform, MP for Bain and
Grants Town Dr Bernard Nottage.
When the MP reached the bottom of the
escalator surrounded by his fans - who have
been the most visible and vocal throughout
the convention, which began on Wednes-
day at the Wyndham Nassau Resort - he
was met and congratulated by PLP leader
Perry Christie and the pair were thronged by
supporters to the point that police had to
step in to ensure the safety of the politicians
in the dense crowd.
Mr Davis, who engaged in an extremely


professional public relations campaign in
the run up to nominating, told the press that
he felt his victory was a result of "very hard
work" on the part of himself and his team.
Asked what he intends to do next, he
referred to the intention stated in his pub-
lished platform to "unify and strengthen"
the party.
Upstairs, Senator Fitzgerald thanked his
fans for their support, declaring that
although he felt he had successfully run a
"clean" campaign which "focused on the
issues of the country", the party has spoken
and he would now "accept that and unite
behind the leader and the deputy" towards
seeing the party win the next general elec-
tion.
Nonetheless, he hinted that this would not
be his last attempt to secure a leadership
position in the party.
"I am humbled by the love and support I
have received from so many people through-
out this country. You have taken me into
your homes, you have fed me, and I have lis-
tened to you very carefully and let me assure
you that this is only the beginning...
"God does everything in his own time.
God does not make a mistake...
"I want to assure you all that I am even
more determined...We will be back again,"
said Mr Fitzgerald, thanking his campaign
team and wider supporters.
Mr Fitzgerald was then joined by Mr
Davis, and the two embraced and congratu-
lated each other.
Absent from the proceedings was Mr
Wilchcombe, who was not spotted during
or after the ballot counting, which lasted for
over three hours.


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


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


i ii[oIO'_,l ill I ,1 qv vE,."]


9dw


PAGE 8, FRIDAY, OCTOBER 23, 2009


An|ll-


THE TRIBUNE


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Wallace helps



Celtics beat



Shaq and Cavs


By RUSTY MILLER
AP Sports Writer


COLUMBUS, Ohio (AP)
- The Boston Celtics rested
two-thirds of their Big Three.
Everybody else was up to the
task.
Eddie House scored 21
points as the Celtics rolled to
a 96-82 victory over the
Cleveland Cavaliers in a pre-
season game Wednesday
night.
"We got a win. We closed
the preseason out right," said
House, who hit 8 of 14 shots
from the field including three
3-pointers.
Kevin Garnett and Ray
Allen didn't play for the
Celtics, coach Doc Rivers say-
ing before the game that he
had also asked Paul Pierce to
rest. Pierce, however, started
and played just over 13 min-
utes and scored 11 points.
"I was just trying to stay
sharp," Pierce said.


"We've got five, six days
before we play again. I
thought it was good for me to
go out there."
The two teams meet again
in the season opener on Tues-
day in Cleveland.
"I don't care where it is
when you play the Cavs,"
Pierce said. "They're a team
that we probably are going to
have to go through in the
Eastern Conference. They're
going to be right up there at
the top if they stay healthy.
It'd be great to get a win in
that building."
Marquis Daniels scored 17
points, Kendrick Perkins 13
and Rasheed Wallace 10 for
the Celtics (6-2). They were
on top 32-22 after a quarter
and never trailed again, lead-
ing by as many as 21 points
in the third quarter.
LeBron James scored 18
points, Shaquille O'Neal 16
and Anderson Varejao had
10 for the Cavaliers (3-4).


RASHEED WALLACE shoots during the first quarter of a preseason game against the New Jersey Nets...
(AP Photo: Bill Kostroun)


Stern hopeful

on Nets sale,

return of refs

By BRIAN MAHONEY
AP Basketball Writer
NEW YORK (AP) -
David Stern says the sale of
the New Jersey Nets to Rus-
sia's richest man could be
approved by the end of the
year.
Stern said Thursday that
Mikhail Prokhorov, who has a
deal to buy 80 per cent of the
team, had a positive intro-
duction with NBA owners
during their two-day Board
of Governors meetings.
Prokhorov's application is
currently under review and
the sale must be approved by
three-fourths of the league's
owners.
Stern also says he's hope-
ful the referees will approve a
new contract with the league
that would put them back to
work for the start of the reg-
ular season.
The commissioner also says
owners voted to give the
league office emergency pow-
ers to determine what hap-
pens if teams can't field the
minimum eight players
because of illness.


Jazz pounce on Blazers, 108-97


By ANNE M PETERSON
AP Sports Writer
PORTLAND, Ore. (AP) - After
a dominating preseason win over the
Portland Trail Blazers, Carlos Booz-
er feels like the Utah Jazz are ready
for the regular season.
"We've got to tighten up some
stuff," he said. "We've got to take
care of that full-court press a little
better at the end of the game, I'm
sure we'll get over it tomorrow. But
for the most part, I think we did a
good job defensively, especially in
the half court. We did a good job of
helping each other."
Deron Williams had 27 points and
Boozer and Ronnie Brewer each
added 16 in Utah's 108-97 presea-
son victory over Portland on Tues-
day night.
The Jazz (4-2), missing Kyle Korv-
er and C.J. Miles because of injuries,
led by as many as 25 points.
"I don't have all our players here,
that's the thing that's always diffi-
cult," coach Jerry Sloan said about
the impending season. "But we're
going to play anyway, and I've
always believed that if you come and
play hard as a team, you always have
a chance."
Jerryd Bayless had 16 points for
the Blazers (3-4), who overall
seemed both tired and out of sorts.
Brandon Roy had 15 points and
Travis Outlaw added 10, all in the
first quarter.
"We just looked like we hadn't
seen each other today," Roy said.
"It's almost like a quarterback play-
ing with a receiver he's never played
with before."
Utah center Mehmet Okur
returned after missing Sunday's vic-
tory over Charlotte with a sore back
and contributed five points.
The Blazers made a surprise move
when Juwan Howard started at for-
ward instead of LaMarcus Aldridge,


I ftr ncnsstntdeutseso, d n hes ouds adsne m ve, hags ati tue'


CARLOS BOOZER dunks in the first quarter of their preseason game...
(AP Photo: Rick Bowmer)


who had a left shin contusion and
was a last-second scratch. Howard
was acquired by Portland as a free
agent in the offseason.
Portland lost forward Nicolas
Batum early in the game with a hip
injury.
The Blazers were already without
center Greg Oden, who bruised his


thigh on Sunday in Portland's come-
from-behind victory over Denver.
Blazers swingman Rudy Fernan-
dez missed the game because of a
bad back, and coach Nate McMil-
lan said he's unlikely to play in the
preseason finale Thursday against
Phoenix in Vancouver, British
Columbia.


GREG ODEN can be seen during media day. After an inconsistent debut season, Oden
reinvented himself during the summer by shedding 15 pounds, adding a couple of


new moves and changing his attitude...


The Jazz led by as many as 13
points in the first quarter, jumping
on the dazed Blazers. About the
only spark for Portland was Outlaw,
but even that was short-lived.
Utah's dominance continued as
Kyrylo Fesenko's running jumper
extended the lead to 40-26.
The Jazz led 59-40 at halftime, and
Boozer's tip-in stretched the lead to
85-61 at the end of the third quarter.
Both teams pretty much sat their
starters for the final quarter.
The officials drew the ire of fans
- who chanted their displeasure -
with a few questionable calls, but
there was word earlier Tuesday that
the NBA's labor dispute with the
referees' union may be drawing to a
close.
A person familiar with the nego-
tiations told The Associated Press
that the league has made a new pro-


(AP Photo: Don Ryan)

posal. The person, who requested
anonymity because the negotiations
are ongoing, said it's "highly likely"
the referees will be back for the
opening of the season.
The Jazz, who went 48-34 last sea-
son before falling to the eventual
NBA champion Los Angeles Lakers
in the first round of the playoffs, vis-
it the Sacramento Kings for the pre-
season finale before opening at Den-
ver on Oct. 28.
Portland won 54 games last season
but fell to the Rockets in the first
round of the playoffs. After wrap-
ping up the season against the Suns,
the Blazers open at home against
Houston next Tuesday.
Portland tried to acquire Utah for-
ward Paul Millsap in the offseason,
signing the restricted free agent to an
offer sheet. But the Jazz matched
the offer.


2009 Sunfish World Championships


U.


. r __i -IPA


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


Aw-


FRIDAY, OCTOBER 23, 2009, PAGE 9


TRIBUNE SPORTS


ib





PAGE10, RIDA, OCOBE 23,2009TRIBNEOSORT

By RENALDO DORSETT
The CA Sport s Reporter
Iw I BBH666L6OS IRAM 6BLNSrnldm


Commonwealth American
Football League (C.A.F.L.)
2009-2010 Schedule
Week 1
Saturday, 17th October-
Kingdom Warriors vs. Jets
Sunday, 18th October-
Pros vs. Stingrays
*R.B.D.F. Bye Week*
Week 2
Saturday, 24th October-
R.B.D.F. vs. Kingdom Warriors
Sunday, 25th October -
Jets vs. Stingrays
*Pros Bye Week*
Week 3
Saturday, 31st October -
Jets vs. Pros
Sunday, 1st November-
Stingrays vs. R.B.D.F.
*Kingdom Warriors Bye
Week*
Week 4
Saturday, 7th November -
Pros vs. R.B.D.F.
Sunday, 8th November -
Kingdom Warriors vs.
Stingrays
*Jets Bye Week*
Week 5
Saturday, 14th November -
Pros vs. Kingdom Warriors
Sunday, 15th November-
Jets vs. R.B.D.F.
*Stingrays Bye Week*
Week 6
Saturday, 21st November -
Jets vs. Kingdom Warriors
Sunday, 22nd -
Stingrays vs. Pros
*R.B.D.F. Bye Week*
Week 7
Saturday, 28th November-
Stingrays vs. Jets
Sunday, 29th November-
Kingdom Warriors vs. R.B.D.F.
*Pros Bye Week*
Week 8
Saturday, 5th December -
R.B.D.F. vs. Stingrays
Sunday, 6th December -
Pros vs. Jets
*Kingdom Warriors Bye
Week*
Week 9
Saturday, 12th December-
Stingrays vs.
Kingdom Warriors
Sunday, 13th December-
R.B.D.F. vs. Pros
*Jets Bye Week*
Week 10
Saturday, 9th January -
R.B.D.F. vs. Jets
Sunday, 10th January-
Kingdom Warriors vs. Pros
*Stingrays Bye Week*
Playoff Games
Saturday, 23rd January - Top
Seed #1 vs. Seed #4
Sunday, 24th January - 2nd
Seed #2 vs. Seed #3
C.A.F.L. CHAMPIONSHIP
GAME - New Providence
Saturday, 6th February 2010
Game time for regular season
games is 1:30pm


Brady,

by RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net
Last Week: 7-7
Week 7
New England Patriots
at Tampa Bay Bucs
We all learned valuable lessons this weekend. I
learned that because of a few select websites I may nev-
er go shopping for clothes in a store again, never to rely
on Santana Moss, and that Murphy's Law is a complete
guarantee in Fantasy Football. The Bahamas learned
never to elect a DJ to the House of Assembly and
have him rise up the ranks of a political party...bad
things happen (You don't see DJ Khaled elected to
Congress, Howard Stern will never be a Senator, Don
Imus can't even go to New Jersey but our DJ's - politi-
cians. Of course this makes sense in the Bahamas).
Despite it all, easily the most important lesson this
week - every man, woman and child learned not to
wane in their faith of Thomas Edward Brady. I am
now afraid...as should you be. We knew Brady and
Belichick love to make statements and flex their mus-
cles, but 59-0 was just ungodly. I can't even do that on
Madden, on any level. The schedule gods follow up
with one of the few teams that could actually be worse
than the Titans. This is like if Ryan Reynolds divorced
Scarlet Johansson and his agent got him a date the
next weekend with Megan Fox. Do you know what
Ryan Reynolds would do with an opportunity like
that? We're about to find out.
PATS over BUCS
Atlanta Falcons
at Dallas Cowboys
In one of the blackest cities in America, on a team
made up predominantly of black players, if the 25-
year-old second year quarterback, an average white guy
from Exton, Pennsylvannia got the nickname "Matty
Ice" and it sticks, and no one questions it, or even
does a double take when they hear it...then he has
done all he needs to do to earn their trust and mine. I
believe in you Matt Ryan.
FALCONS over COWBOYS
New York Jets
at Oakland Raiders
The greatest thing about sports is it gives us licence
to hate...emphatically...and without apology. Herein
lies the reason for my delight over the three game los-
ing streak which took the Jets from everyone's sleeper
to a team in turmoil. This is great. It's like waking up
every Sunday morning and watching the Pistons beat
the Lakers in game 5 five of the 2004 Finals (Kobe
cried, great television). I'm not quite certain why I
hate them, but I do. It's the Hatfield-McCoy feud for
the 21st century...we don't question, we just participate.
How long do we give Jamarcus Russell before he's
considered the next Ryan Leaf? The clock has to have
started by now right?
JETS over RAIDERS
San Diego Chargers
at Kansas City Chiefs
Three years ago this would have been touted as the
game of the week. Smashmouth football at its finest.
Two of the league's top rushers going at it to determine
who gets to sit on the throne as the most elite back in
all of pro football. Now it'll be like watching Statler and
Waldorf (the two ornery disagreeable old men from the
Muppets Show) complain about everything from nag-
ging injuries, to young backs cutting into their carries,
to the weather...but if LDT calls Darren Sproles a
whipper snapper I'm changing the channel.
CHARGERS over CHIEFS


be very afraid


. F7
AM


C/3


IN THIS PHOTO taken on Sunday, Oct. 18, 2009,
New England Patriots quarterback Tom Brady runs up
the field during an NFL football game against the
Tennessee Titans in Foxborough, Mass. After playing
inconsistently in the Patriots first five games, Brady
threw six touchdown passes in a team-record 619
yard attack in a 59-0 win over the Tennessee Titans.
Philadelphia Eagles
at Washington Redskins
From the time you start playing sports, coaches and
parents try their best to drill it into your head...one loss
is just like any other loss. Coaches and parents lie.
After the Eagles lost to the Raiders and the Redskins
lost to the Chiefs, it will be apparent that one loss is not
like the others. There are some that are just too con-
fusing, too ugly, too baffling to get over. Both these
teams suffered those kinds of losses this last weekend,
season's done. Off topic...with McNabb struggling,
Campbell on the ropes, and JaMarcus Russell clearly
the next Ryan Leaf, are black quarterbacks pretty
much done? Vince Young still rides the bench on an 0-
6 team, Michael Vick may never start again, both guys
in Tampa Bay are horrendous so just leaves...David
Garrard. David Garrard, the new premier black quar-
terback!
EAGLES over REDSKINS
New Orleans Saints
at Miami Dolphins
...And years later, later Drew Brees is still bitter.
This week he cited the Dolphins and specifically Nick
Saban's lack of faith in him saying they did not believe
in his shoulder. We all know how the story goes, Mia-
mi gets Daunte Culpepper and the Saints got Brees
who has been a pillar in the Saints community and
one of the best at his position on the field, while the
Dolphins fought through some of the darkest days in
league history.
They meet Sunday with the Saints wanting to send
another message to the league that they can go on the
road and dominate and as an up and coming team
they've passed every test thus far.
The Dolphins still fresh off defeating what now looks


to be 2 mediocre teams and maybe armed with their
best QB since Marino retired want to send their own
message they're not just the Wildcat but this is a real
team and now with a real offense. This may not be the
game of the week but everyone has something to prove.
Let's hope it's unseasonably warm in Miami on Sunday
and the cold front is long gone
DOLPHINS over SAINTS
Arizona Cardinals
at New York Giants
Is Arizona quietly having the most underwhelming
season of any defending conference champion ever?
Probably not, but they have to be considered the most
difficult to notice 3-2 team in the league right now.
All that and they have face a team that just came off a
crushing loss that knocked them down a peg on the
NFC totempole.
GIANTS over CARDINALS
Minnesota Vikings
at Pittsburgh Steelers
The Vikings are approaching the "team of destiny
label," with two last second wins under their belts just
six weeks into the season. That being said, does Adri-
an Peterson really need destiny on his side? He already
has
VIKINGS over STEELERS
Buffalo Bills
at Carolina Panthers
Remember when Terell Owens was relevant?
Remember when the Panthers threw to Steve Smith?
Remember when Jake Delhomme was a Pro-Bowl
quarterback? Remember when Buffalo almost beat
the Patriots in week one and everyone scrambled to
claim them as the number one "sleeper"?
PANTHERS over BILLS
Green Bay Packers
at Cleveland Browns
When the best player on your team is your kick
returned, you trade away your two best receivers and
you wear Brown pants, the probability of a successful
season is eerily slim.
PACKERS over BROWNS
Indianapolis Colts
at St. Louis
The good thing about the Rush Limbaugh story is
that it gave the Rams at least minimal relevance. With
that gone, what are we supposed to discuss about the
Rams? Donnie Avery's emergence as the worst num-
ber one receiver in the league? How long will Stephen
Jackson keep his dreadlocks? Should they move back
to Los Angeles?
COLTS over RAMS
San Francisco 49ers
at Houston Texans
Michael Crabtree is finally playing! Effect it'll have
on coverage of the game 10-10...effect he'll have on the
game 0-10.
TEXANS over 49ERS
Chicago Bears
at Cincinnati Bengals
Everyone loves the revenge game. In this case
though, the revenge should come from the Bears
defence. They picked Cedric Benson fourth, they
believed in him so much that they released Thomas
Jones...and he bombed. Two years later the Bears gave
up on Benson and he latches onto the Bengals only to
finally show flashes of what they thought he could
become. My only regret is that Brian Urlacher won't be
there to hit him in a real game situation.
BEARS over BENGALS


Packers' Green


says family strife


affected his focus

GREEN BAY, Wis. (AP) - Green Bay Packers running
back Ahman Green says injuries weren't the only thing that
kept him from living up to expectations in Houston.
Green, who signed a deal to return to Green Bay on Wednes-
day after being cut by the Texans in February, says emotional
turmoil within his family affected his ability to focus on football
the past two seasons.
Green says his relationship with his daughters was "on the
rocks," and he was hit hard by the death of his father.
But Green now says his relationship with daughters Ahmani,
12, and Myahni, 7, has greatly improved and he is completely
focused after rejoining the Packers.






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PAGE 10, FRIDAY, OCTOBER 23, 2009


TRIBUNE SPORTS






THE TRIBUNE


PAGE 1 1


A Wallace helps

SCeltics beat
Shaq and
SCavaliers...
BSee page 9


I PIAGE9*Itraioa prsnw


For ahstspflqim Tue IP!22.7i



www. tribune 24 2. canm# &ie tei ,42

2009 SUNFISH WORLD CHAMPIONSHIPS


MaPtinbo rough Still







heads Bahamian field


THESE PICTURES (above and below) are from the start of racing on
day one at Montagu Bay. Sailors took to waters yesterday after heavy
winds prevented competition for a day.
*IOTS:Ioberi* I le


America's David Loring

strengthens top place


After a day
long delay
due to strong
winds, com-
petitors took to the water
once again in Montagu Bay
to resume action in the 2009
Sunfish World Champi-
onships.
David Loring of the United
States strengthened his first
place advantage with a pro-
ductive outing which included
a second and fourth place fin-
ish.
Loring overcame a 20%
penalty in race seven, which
dropped him to a fifteenth
place finish, however still
leads the field with 21.6 net
points.
The remainder of the top
five remained virtually
unchanged following day four
of competition.
Marx Chirinos of
Venezuela remains in second
place with 23 net points.
Chirnos suffered a similar
20% penalty in race six for a
15th place finish, however,
rebounded to finish third in
race seven and sixth in race
eight.
American teammates Paul-
Jon Patin and David Mendel-
blatt are in third and fourth
positions respectively.
Patin who began the regat-
ta with the first race win, fin-
ished fourth, 14th and fifth
yesterday for 26 net points,
while Mendelblatt delivered
the most noteworthy perfor-
mance of the day.
After a 20th place finish
due to a penalization, he
returned to win the final two
contests of the day to move


into fourth place with 29 net
points.
Peter Stanton of the U.S
Virgin Islands rounds out the
top five with 32 net points.
Stanton took first place in
the opening race of the morn-
ing and followed up with fifth
and second place finishes
thereafter.
Donald Martinborough
remains the top placed
Bahamian competitor in the
field in 16th position with 129
net points.
Martinborough enjoyed his
best finish of the event thus
far with an 11th place finish in
race eight.
Charles Kelly dropped four
sports to 24th position with a
net score of 173 points.
Fernando De Cardenas
improved five positions to
move into 28th.
He recorded the best finish
of any Bahamian sailor in the
field with a ninth place effort
in race seven.
Christopher Sands fell to
34th with 219 net points,
Gavin McKinney is 36th with
224, Andrew Wilhoyte is 37th
with 225, Jeffrey Gale is 39th
with 227, Peter-Bruce Was-
sitsch is 41st with 253, James
Lowe 42nd (269), George
Damianos 45th (304), Ted
O'Brien 47th (311), Donico
Brown 49th (315), Michael
Holowesko 50th (319),
Dwayne Wallas 58th (369),
Lori Lowe 64th (419) and BJ
Burrows 65th (434).
Today marks the final day
of competition in the Sunfish
World Championships with
the final awards ceremony
tomorrow night at the Nas-
sau Yacht Club.


4


-Tt


--
~1* -.


sports



VOLLEYBALL
During Wednesday evening's volleyball matches over at the
D W Davis gymnasium, the C.O.B. Lady Caribs would come
out to win the first set over the Johnson Lady Truckers 25-23,
but Anastasia Sands-Moultrie took charge of the next three sets
leading the Lady Truckers 25-15, 25-10 and 25-10 to win the
match.
Sands-Moultrie finished with a game high 16 points for the
winning Lady Truckers. Kenisha Thompson led the Lady
Caribs with 10 points.
In men's action the National fence Intruders, led behind
Glen Rolle's 13 points, defeated the Champions Club in 4 sets,
25-20, 25-17, 17-25 and 25-22. Muller petit would lead all scor-
ers in a losing effort with 18 points.
Games continue today over at the D W Davis gymnasium.
BASEBALL
The 2009/2010 Youth Baseball Season got under way on
Long Island - Saturday October 17, 2009.
The President & his Executive Team would like to con-
gratulate the (Long Island Baseball League Executive Team on
a successful OPENING and for successfully rejuvenating the
baseball program on Long Island.
President Dan Weightman & Team has done a tremendous
job and by the Island wide support today, they are off to a
GREAT start.
In attendance was BBF President Craig Kemp who gave
the Opening Address and Secretary General Theodore Sweet-
ing. JBLN Coach Pastor Ken Adderley(Former Professional
Baseball Player) took a break from his visiting Pastoral duties
to take in the two opening games.


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Perry Christie





stays PLP leader


FROM page one

"Firstly I think anyone
who stood for election had
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some kind of loss and even
though there'll be bitter dis-
appointments on the part of
those who lost, it is for me
to one, congratulate all of
those who won and also
those who lost.


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"Because we came together
to contest offices as members
of the Progressive Liberal
Party and we knew in doing
so that some would win and
some would lose. And we
know that the purpose of a
political organisation is not to
have wonderful fights within
but to really prepare our-
selves for the major fight and
that is showing that we are a
viable and good alternative
to the FNM and that people
will have a real choice to
make in the next election and
when they have that choice
they will choose the PLP," he
said.
Graciously accepting his
defeat, Dr Nottage said that
he and his team presented the
PLP with the reasons why
they thought there ought to
be change in the party.

Judgment

"The PLP have made their
judgment and they have
decided that they want to con-
tinue with what we have been
doing and I respect that. I
came here now because I
want to see the leader and
congratulate him and his team
but more importantly I want
to reassure the people who
are members of the PLP that
I am a PLP, I'm not going
anywhere; I'm going to con-
tinue to work and support the
PLP," Dr Nottage said.
Noting that there has been
allegations of improprieties
with the election process con-
ducted yesterday, Dr Nottage
said that his team would
review these issues and see to
the extent it will be "con-
structive" for them to make
any formal protests or carry
the matter "further".
"But for now I want those
who have won to bask in their
victory and enjoy it," he said.
Dr Nottage also opted not
to respond to the question as
to whether or not he will once


again challenge for the lead-
ership of the party.
"The only thing I can
assure you is that I am going
nowhere."
The third challenger, Mr
Moss also expressed his con-
cern about the alleged "inap-
propriate" conduct and alle-
gations of vote buying and
intimidation that have
emerged. Despite these
reports, Mr Moss still con-
gratulated Mr Christie on his
victory.
"This campaign has been
one to demonstrate that we
believe we can do better and
we still believe we can do bet-
ter. When you look at the
youth in our campaign and
the fact that we have been
able to bring excitement to
this place, even inspire people
to believe that they can do
certain things, we know that
our campaign has been a suc-
cess," he said.
Mr Moss did however cau-
tion the party that the PLP
currently has at its conven-
tion, stalwart councillors who
outnumber elected delegates
three to one, who are 65 and
over and not reflective of the
country's growing demo-
graphic.
"If this party is to be suc-
cessful it ought to recognize
that and change it because
what we saw here today is an
outpouring of senior citizens
who came in to vote and it is
not reflective of the general
make up of those voters who
are elected delegates," he
said.
Mr Christie said that the
party will be holding another
convention before the next
general election, and if he is
contested again, he will again
defend himself. But he
remains confident that even
if such a contest were to again
arise he will be leading the
party into the next general
election.
"To those who have dis-
agreed with me, they've had


an opportunity to express
their disagreement and the
people at the convention have
now provided the ultimate
answer - that they support me
and let's get on with the busi-
ness of being a viable strong,
dynamic, political organisa-
tion," he said.

Statement

In a statement released late
last night the FNM claimed
the re-election of Perry
Christie as Leader of the Pro-
gressive Liberal Party is a vic-
tory for the old guard of the
party and a blow to any seri-
ous reform by those who rep-
resent the worst days of the
Pindling era and the more
recent scandalous past of the
party, among them a number
of Mr Christie's cabinet
appointees.
"The old guard further
entrenched itself and turned
its back on reform and renew-
al by also electing Bradley
Roberts as Chairman, anoth-
er symbol of some of the
excesses of the party and one
who is regarded as a political
character assassin by many,"
the governing party said.
The FNM said that not only
is any reform of the PLP high-
ly unlikely, "Mr. Christie and
his supporters have made the
party even more undemocra-
tic by undercutting the power
of the branches in favour of
Stalwart Councillors who now
make up some two-thirds of
the voting power of the party
at convention".
"The future of the once-
mighty PLP is bleak indeed
since Mr. Christie knows that
most of his parliamentary col-
leagues have no confidence
in him and he has threatened
that there will be 'conse-
quences' for them. Some may
find their continued presence
in the PLP very uncomfort-
able if not untenable," the
party said.


FNM hits back at


PLP over economy


FROM page one
omy. They are at it again in their convention,"
the statement said.
"The extent of their desperation is clear,
considering the indisputable fact that the eco-
nomic crisis enveloping the Bahamas and much
of the world is due not to any local causes but
to external forces beyond anyone's control.
"The FNM government has buffered the
effects of the crisis by accelerating public works
including road building, the massive port pro-
ject, the new airport terminal project, clean-up
and beautification campaigns and the creation
of more recreation spaces for the Bahamian
people, especially seaside vistas and spaces."
The statement went on to note that the gov-
ernment also launched a multi-faceted nation-
al social programme to alleviate the pain of


unemployed Bahamians and to help prepare
for the future.
"The centrepiece of this initiative was the
launching for the first time in Bahamian history
of an unemployment benefit scheme. When
it was announced, the PLP was so taken aback
that they only mutter baseless criticisms such as
suggesting that it might not be legal," the state-
ment noted.
It listed other elements of the "FNM social
response to the crisis" as: temporary job pro-
grammes, a national training programme and
electricity assistance for thousands of distressed
Bahamians.
"All this was made possible because of the
solid economic and fiscal performance of the
FNM in its first two terms in office after clean-
ing up the mess left by the PLP government,"
the governing party said.


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PAGE 12, FRIDAY, OCTOBER 23, 2009


THE TRIBUNE


t. -,.-^ .*.,, , i l









THE TRIBUNE




)US1


SS


FRIDAY, OCTOBER 23, 2009


PEKCTIONC ^B e bsines - ibunemedia -et I


Hotels anticipahtly Further rating downgrade fear


off' Christmas

season

By NEIL HARTNELL
Tribune Business Editor
THE 2009
Christmas hol-
iday season
will be "flat ?
compared to
last year or ..vl
sl ightly .
behind" for
the Bahamian
hotel industry
generally, the
Bahamas SANDS
Hotel Associ-
ation's (BHA) president said
yesterday, indicating that
many resorts were sacrificing
margins and room rates to
maintain occupancy levels.
Robert Sands, who is also
Baha Mar's senior vice-presi-
dent for governmental and
public affairs, told Tribune
Business that "bookings are
still soft and challenging",
with the booking window
"not more than three weeks"
before tourists actually
arrived in the Bahamas - mak-
ing it very difficult for the
hotel industry to predict for-
ward-looking trends.
Pointing out that it was the
New Year period, rather than
the Christmas season, which
provided resorts with the bulk
of their festive business - espe-
cially those properties with
casinos - Mr Sands said: "We
will probably not see much
difference from what
occurred last year, and in
some instances properties will
have slightly less, and in oth-
ers slightly more.
"We see the Christmas sea-
son being flat to last year or
slightly behind. I would say
business for Christmas this
year will be relatively flat to
last year. The difficulty is not
so much occupancy, but it has
a lot to do with the yield, the
rates."
Going into 2010, Mr Sands
said the BHA was planning
to advocate on a number of

SEE page 3B


By NEIL HARTNELL
Tribune Business Editor


an immediate sovereign
credit rating downgrade
"into the Baa category" if it
immediately fails to reduce its nation-
al debt-to-GDP ratio once the reces-
sion is over, a Wall Street agency
warned yesterday, as it questioned
whether the Government's 'no new
or increased taxes' approach was "sus-
tainable over the long term".
Although the Bahamas' worsening
fiscal ratios would "not yet" result in a
downgrade to its sovereign debt cred-
itworthiness, Moody's also warned
that this nation needed to raise long-
term growth rates by "reversing" a
weakening tourism performance,
while the 2009-2010 fiscal deficit was


* Moody's warns Bahamas must reduce debt-to-GDP ratio immediately 'as
soon as crisis is over', or otherwise sovereign could fall into 'Baa category'
* Wall Street agency questions sustainability of government's 'no new or increased
taxes' position, warning narrow base could hamper debt reduction efforts
* Projects 'higher shortfall' in fiscal deficit than 3.9% projection for 2009-2010
* Warns that 'long-term concerns about the economy
persist', and growth rates needed to be raised


likely to be higher than the forecast 3.9
per cent.
"Despite the relatively high level of
economic development, long-term
concerns about the economy persist,"
Moody's said of the Bahamas. "In the
last 10 years, median growth for the


Bahamas was 1.7 per cent, well below
the median growth rate of 4 per cent
for A-rated countries........
"Raising long-term growth rates
requires a reversal of the weak per-
formance of the tourist sector and
strengthening the regulation of the


financial sector. Tourist arrivals have
been falling since 2005, predating the
current crisis. In 2008, total arrivals
were the lowest in a decade, and data
for the first half of 2010 will be worse."
SEE page 4B


I^ity MarketsrefinancEing[deal[losedI


By NEIL HARTNELL
Tribune Business Editor
CITY Markets' majority
shareholder has closed the
transaction to complete the
supermarket chain's $5 mil-
lion refinancing, Tribune
Business can reveal, with
Exchange Control approval
having finally been received
late last week.
Multiple sources familiar


Trinidadian conglomerate said to be in majority control at supermarket chain's majority shareholder


with developments confirmed
to this newspaper yesterday
that investors in BSL Hold-
ings, the private equity con-
sortium that holds a 78 per
cent stake in City Markets'
holding company, Bahamas
Supermarkets, had complet-
ed the transaction to refi-
nance both itself and the
operating company after final
approvals were received from
the Central Bank of the
Bahamas.
Sunil Chatrani, Bahamas
Supermarkets' head, declined
to comment when contacted
by Tribune Business yester-
day, but this newspaper now
understands that BSL Hold-
ings is finally in position to
provide the long-awaited
financial assistance to pub-
licly-traded Bahamas Super-
markets.
Apart from releasing the
additional equity capital injec-
tions they had previously
committed to, Tribune Busi-
ness also understands that
BSL Holdings' investors com-
pleted negotiations on their
existing loan and credit facil-
ities with Royal Bank of
Canada.


Royal Bank had lent the
group $24 million in 2006 to
help part-finance the acquisi-
tion of the 78 per cent
Bahamas Supermarkets stake
from Winn-Dixie.
Meanwhile, Tribune Busi-
ness also understands that as
part of the refinancing,
Trinidadian conglomerate
Neal & Massey is now in
effective majority control of
BSL Holdings - something
this newspaper had previous-
ly anticipated, due to the need
for exchange control approval
from the Central Bank.
Neal & Massey will now be
able to combine its previous
acquisition of Barbados Ship-
ping & Trading, the company
that acted as City Markets'
managing partner in the
immediate aftermath of the
Winn-Dixie buyout, with con-
trol at BSL Holdings to have
a much greater say in the 11-
strong supermarket chain's
affairs.
It is likely that the Trinida-
dian conglomerate will take
an even greater interest in
Bahamas Supermarkets' per-
formance now, treating it akin
to a subsidiary. Indeed, Neal


& Massey's move into a con-
trolling position at BSL Hold-
ings and, by extension,
Bahamas Supermarkets, will
come as no surprise to most
observers, many having
believed the original transac-
tion was structured to pro-
duce such an outcome.
However, no information
has been forthcoming as to
whether Bahamas Supermar-
kets' Board of Directors has
signed off on the company's
long awaited 2008 audit -
some 16 months after that
period closed - and when the
annual general meeting
(AGM) for that year will be
held.
City Markets, its operating
parent and BSL Holdings
have come in for heavy criti-
cism from minority share-
holders who collectively hold
22 per cent of Bahamas
Supermarkets, investor value
having been massively eroded
as a result of the $13.429 mil-
lion net loss projected by
management accounts for
2008 - something that plunged
the company into negative
equity.
More than 15 months after


the 2008 year-end, Bahamas
Supermarkets' external audi-
tor, KPMG, has yet to sign
off on the audited accounts, a
timeline well outside the 120-
day filing period stipulated
for public companies. Many
have argued that this saga has
undermined the integrity of
the Bahamian capital mar-
kets.
The 2008 audit sign-off had
previously been contingent on
City Markets' receipt of
financing from BSL Holdings,
which would have avoided the
accounts being qualified as a
'going concern'.
But in a previous interview,
Mr Chatrani said: ""We're
rushing to have the audit
complete with or without the
financing. It's so old, we want
to get it behind us, with or
without the opinion, so we
can move on to the 2009
audit. We want to get it com-
pleted.
"We had the final [audit]
draft today for review. We
have the opinion in hand, and
should be approving that
some time next week. The
SEE page 2B


Lease extension


granted to close


$258m purchase


By NEIL HARTNELL
Tribune Business Editor
THE Government has
granted the 30-year lease
extension sought by the Nor-
wegian-headquartered buyer
of a Grand Bahama-based oil
storage terminal, allowing that
$258.249 million transaction
to close yesterday.
Joy Jibrilu, director of
investments in the Office of
the Prime Minister, confirmed
that the Government had
agreed to Statoil Hydro's
request for a 30-year exten-
sion of the lease on the South
Riding Point terminal. With
10 years on the existing lease
still to run, Statoil now has
security of tenure at South
Riding Point until 2049.
"There were 10 years
remaining on the lease with
World Point Terminals," Ms
Jibrilu confirmed to Tribune
Business, "and then a 30-year
extension. Given their capi-
tal and their investment, a 30-
year extension is what they
requested."
Statoil had previously told
Tribune Business it wanted a
lengthy lease to ensure it gen-
erated the appropriate return
on its investment.
Ms Jibrilu also confirmed
yesterday that Statoil's pro-
posal, which was submitted to
the Government to facilitate
approval of its purchase,
called for a $100 million to
$150 million investment in
South Riding Point to
upgrade the existing facilities,


* Statoil gets 30-year South
Riding Point extension
through to 2049, as its
closes oil storage
terminal buy
* Norwegian firm planning
to invest $100m-$150m
to upgrade facilities

expand the tank storage
capacity and address any envi-
ronmental concerns.
"That continues to be the
case," the Bahamas Invest-
ment Authority's head con-
firmed in regard to Statoil's
proposed $100 million to $150
million investment at South
Riding Point.
"That is what they advised
the Government in their pro-
posal, for they will be using
it for the transhipment of
crude oil from Brazil and
Latin America into North
America.
"They're going to do reme-
dial work and an environ-
mental clean-up of what's
there, so that's a part of their
work, to upgrade and increase
capacity," she said. "That
seems to be the main focus.
They [Statoil] seem to be a
wonderful corporate partner.
They have a very good track
record."
Canadian-based World
Point Terminals confirmed
that its wholly-owned sub-
sidiary, Old South Riding
SEE page 6B


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Airlines tell




a tale of two


camps


versus loss


By HARRY R WEBER
AP Airlines Writer

ATLANTA (AP) - The
recession has put the major
US airlines into two camps
- the profitable ones that
have low costs and a domes-
tic focus, and the money-
losing ones with higher
expenses and big networks
that are under global pres-
sure.
That stark contrast played
out again Thursday as Alas-
ka Air Group Inc. and Jet-
Blue Airways Corp. said
they were in the black in the
third quarter and Delta Air
Lines Inc. and US Airways
Group Inc. remained in the
red.
Passengers can expect
more fare sales, but ticket
prices will creep up at times
and will be more expensive
during the holidays. Those
annoying add-on fees won't
be going away either.
The airlines know passen-
gers aren't eager to open
their wallets. Customers
"continue to be under pres-
sure - budgetary pressure
and pressure on the eco-
nomic front," Delta Presi-
dent Ed Bastian said during
a conference call with ana-
lysts and reporters.
The July-September quar-
ter includes part of the tra-
ditionally busy summer sea-
son, but major airlines were
hit hard this year by weak
overall demand for air trav-
el, especially for business
and international travel.
Capacity has been shed,
jobs have been cut and oth-
er operational changes have
been made, including efforts
to preserve cash.
Volume and revenue
from corporate customers
remain down for several air-
lines, but the margins have
been improving in recent
months.

Travelers

Leisure travelers are
starting to take to the air
again, but they are paying
smaller average fares, hit-
ting the airlines' bottom
line.
US Airways, based in
Tempe, Ariz., blamed its
revenue drop on the combi-
nation of less flying,
"aggressive industrywide
fare sales, and the reduction
in business demand."
US Airways lost $80 mil-
lion in the quarter as rev-
enue fell 16.6 per cent from
the same period last year, to
$2.72 billion. It ended the
quarter with $1.5 billion in
unrestricted cash.
Delta, based in Atlanta,
lost twice as much in the
quarter - $161 million,


compared to a loss of $50
million a year ago. Its rev-
enue, if its Northwest Air-
lines subsidiary was includ-
ed in the 2008 figure, fell 21
per cent on a combined
basis year-over-year. Delta
ended the quarter with $5.8
billion in unrestricted liq-
uidity, including $5.5 billion
in cash, cash equivalents
and short-term investments
and $300 million available in
a revolving credit line.

Side

On the flip side, improve-
ments it has made in on-
time performance and being
insulated from the slump in
international travel helped
Alaska Air post a profit for
the third quarter. The Seat-
tle operator of Alaska Air-
lines and Horizon Air
recorded an $87.6 million
third-quarter profit, com-
pared to a net loss of $86.5
million a year ago. Revenue
fell nine per cent to $967.4
million from $1.07 billion a
year ago.
JetBlue, based in New
York, earned $15 million in
the third quarter, compared
with a loss of $8 million a
year ago.
Revenue fell 5.3 per cent
to $854 million.
The big carriers aren't in
a hurry to grow with the
economy in the early stages
of a recovery. They want to
be careful not to do more
flying than passengers are
willing to pay for. By keep-
ing capacity in check, they
believe they will be able to
charge more for tickets.
Delta plans to cut system
capacity three per cent next
year. At least one low-cost
carrier that posted a profit
this week - AirTran Air-
ways - actually plans to
add capacity next year, in
the range of two per cent to
four per cent.
JetBlue CEO Dave Barg-
er said his airline is still a
growth company.
"We have a considerable
number of (aircraft) in our
order book, and I think
we're looking forward to
deploying them, you know,
playing some offense in the
not too distance future," he
said.
But don't expect checked
bag fees and other fees to go
away. JetBlue said Thursday
it won't rule out charging
for a first checked bag.
In Thursday trading,
Alaska Air shares fell 84
cents, or three per cent, to
close at $26.76, JetBlue
shares lost 13 cents, or 2.3
per cent, to $5.61, Delta
shares lost one cent at $8.32
and US Airways shares also
dropped a penny to $3.86.


City Markets refinancing


Board will approve it, and we will call the annual general
meeting (AGM) shortly."
Mr Chatrani said Bahamas Supermarkets was "aiming for the
end of the month" of October - a date now unlikely - for the
AGM date, pointing out that shareholders had to be given 21
days' notice.
Mr Chatrani also confirmed that City Markets had received
$1 million of the $5 million in new equity capital to be injected
by its 78 per cent majority shareholder, the remainder awaiting
that exchange control approval.


I ODSUS STOIE ON THI 0AG 0LG ON TOWWTIUE4.O


- profit


FG CAPITAL MARKETS
5 ROYAL FIDELITY M4 IiWs�
SMnly at Work
O F A L" (c:C i . M IA I.
61 :' LI zTEED .4. T;R -,EC- :E-I-;jRITIE z - z *-
THLIRSDMY 22 OCTOBER 200-J
Ei3 < -,LL S3 - FRE INDCE < ,-Li:,SE 1 4- ';- -.r. I :- *G-. -5, 4'- I -- ,,-'*. .. -11 , I 'I'TD - _-.2 .: I 'I'TD -- -15, iri
FINCDE< i[Li-SE . '- I . I'TC -5 4.-,' I _ j . 1 , 1
WWW.BISXBAHAMAS.COM I TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320
52wk-HI 52wk-Low Securit y Previous Close Todays Close Change Dally Vol EPS $ Div $ P/E Yield
1 71 1 03 AML Foods Limited 1 17 1 17 000 0127 0000 92 000%
1180 990 Bahamas Property Fund 1075 1075 000 0992 0200 108 186%
930 590 Bank of Bahamas 590 590 000 0244 0260 242 441%
089 063 Benchmark 0 63 0 63 000 -0 877 0 000 N/M 0 00%
349 315 Bahamas Waste 315 315 000 0125 0090 252 286%
237 214 Fidelity Bank 237 237 000 0055 0040 431 1 69%
1420 993 Cable Bahamas 993 993 000 1 406 0250 71 252%
288 272 Colina Holdings 272 272 000 239 0249 0040 109 1 47%
750 526 Commonwealth Bank (Sl) 583 574 -009 2,500 0419 0300 137 523%
385 1 27 Consolidated Water BDRs 301 304 003 0111 0052 274 1 71%
285 1 32 Doctor's Hospital 205 225 020 12,000 0625 0080 36 356%
820 628 Famguard 650 650 000 0420 0240 155 369%
1250 880 Finco 930 930 000 0322 0520 289 559%
1171 1000 FirstCaribbean Bank 1000 1000 000 0631 0350 158 350%
553 411 Focol (S) 411 411 000 0332 0150 124 365%
1 00 1 00 Focol Class B Preference 1 00 1 00 0 00 0 000 0 000 N/M 0 00%
0 45 0 27 Freeport Concrete 0 27 0 27 000 0 035 0 000 77 0 00%
902 549 ICD Utilities 559 559 000 0407 0500 137 894%
1200 9 95 J S Johnson 9 95 9 95 000 0 952 0 640 105 643%
1000 1000 Premier Real Estate 1000 1000 000 0156 0000 641 0 00%
Ei : _ I z T I L E Le= I_ t :E - i- ,liT E - iH - j - . -J I ,,1 ... - . , .. i - ,. F.E -..1 r I . - i
52wk-HI 52wk-Low Security Symbol Last Sale Change Dally Vol Interest Maturity
100000 1000 00 Fidelity Bank Note 17 (Series A) + FBB17 10000 0 00 7% 19 October 2017
100000 100000 Fidelity Bank Note 22 (Series B) + FBB22 10000 000 Prime + 1 75% 19 October 2022
100000 100000 Fidelity Bank Note 13 (Series C) + FBB13 10000 000 7% 30 May 2013
..... . ... . .. .. . . .. . " I - I .... . . ... . .. . . .
52wk-HI 52wk-Low Symbol Bid $ Ask $ Last Price Weekly Vol EPS $ Div $ P/E Yield
1460 792 Bahamas Supermarkets 792 842 1400 -2246 0000 N/M 000%
800 6 00 Caribbean Crossings (Pref) 2 00 6 25 400 0 000 0 480 N/M 7 80%


I,1. 'I L,-I.. I rii,- I=I.I
1 4038 1 3344 CFAL Bond Fund 1 4038 372 5 20 31 -Aug-09
3 0350 2 8952 CFAL MSI Preferred Fund 2 8300 -3 75 -6 75 30-Sep-09
1 4954 1 4217 CFAL Money Market Fund 1 4954 430 5 18 16- Oct-09
36090 30941 Fidelity Bahamas G & I Fund 30941 -861 -1359 31 -Aug-09
131751 123870 Fidelity Prime Income Fund 13 1751 442 5 86 30-Sep-09
103 0956 100 0000 CFAL Global Bond Fund 103 0956 3 10 252 30-Sep-09
1000000 994177 CFAL Global Equity Fund 994177 312 276 30-Sep-09
1 0000 1 0000 CFAL High Grade Bond Fund 1 0000 000 000 31 -Dec-07
105884 90775 Fidelity International Investment Fund 105884 588 588 30-Sep-09
1 0757 1 0000 FG Financial Preferred Income Fund 1 0757 3 86 5 30 30-Sep-09
1 0364 1 0000 FG Financial Growth Fund 1 0305 -0 24 0 22 30-Sep-09
1 0709 1 0000 FG Financial Diversified Fund 1 0709 3 24 4 54 30-Sep-09
r.I-Rvp ET TEF,.Ii,
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000 00 YIELD - last 12 month dividends divided by closing pnce
52wk-HI - Highest closing pnce in last 52 weeks Bid $ Buying price of Colina and Fidelity
52wk-Low - Lowest closing price in last 52 weeks Ask $ - Selling pnce of Colina and fidelity
Previous Close Previous day's weighted pnce for dally volume Last Price - Last traded over the-counter pnce
Today's Close - Current day's weighted pnce for dally volume Weekly Vol -Trading volume of the pnorweek
Change - Change in closing pnce from day to day EPS $ -A company reported earnings per share for the last 12 mths
Dally Vol - Number of total shares traded today NAV - Net Asset Value
DIV $ - Dividends per share paid in the last 12 months N/M - Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX - The Fidelity Bahamas Stock Index January 1, 1994 = 100
(S) 4 for 1 Stock Split - Effective Date 8/8/2007
(S1) 3 for-1 Stock Split Effctive Date 7/11/2007
TO TRADE CALL: COLINA 242 502-7010 I ROYALFIDELITY 242 356-7764 I FG CAPITAL MARKETS 242 396-4000 I COLONIAL 242-502 7525


PAGE 2B, FRIDAY, OCTOBER 23, 2009


THE TRIBUNE










Ol slipsbelow Recession is 'a God send'

$81 a barrel,


retreating

from '09 high

By ALEX KENNEDY
Associated Press Writer
SINGAPORE (AP) - Oil
prices slipped below $81 a
barrel Thursday, retreating
from a 2009 high, as a wobbly
US dollar steadied in Asian
trading.
Benchmark crude for
December delivery fell 90
cents to $80.48 a barrel at late
afternoon Singapore time in
electronic trading on the New
York Mercantile Exchange.
The contract rose $2.25 to
settle at $81.37 on Wednes-
day as the dollar fell to its
lowest since August 2008.
Crude is traded using dollars,
so it gets cheaper when the
US currency falls.
The euro fell to $1.4959 on
Thursday from 1.4999 the pre-
vious day and the dollar rose
to 91.46 yen from 91.00.
Traders also eyed a smaller
than expected rise in US
crude supply data from the
Energy Information Admin-
istration on Wednesday.
Inventories rose 1.3 million
barrels while analysts had
expected a rise of 2.2 million
barrels, according to a survey
by Platts, the energy infor-
mation arm of McGraw-Hill
Cos.
The two-week surge in the
oil price has raised the specter
that a jump in energy costs
would fuel inflation and lead
policymakers to ease stimu-
lus spending and raise interest
rates, undermining a nascent
global economic recovery.
"It's definitely a potential
threat," said David Cohen,
director of Asian economic
forecasting for consultancy
Action Economics. "Every-
body gets a little nervous
when the oil price starts
bouncing higher."
Energy Secretary Steven
Chu said earlier this week that
crude prices at $80 per barrel
are worrisome.
Stock markets, which have
soared since March, could see
gains reversed if oil and other
commodities continue to rally,
Cohen said.
"The recovery is not so
fragile that it can't tolerate
another dollar or two in the
oil price," Cohen said. "But
when people start getting
worried about inflation, that
could be a drag on markets."
In other Nymex trading,
heating oil fell 1.49 cents to
$2.09 a gallon. Gasoline for
November delivery dropped
1.65 cents to $2.04 a gallon.
Natural gas for November
delivery rose 2.6 cents to $5.13
per 1,000 cubic feet.
In London, Brent crude for
December delivery fell 81
cents to $78.88 on the ICE
Futures exchange.










Fop th Ipe

ein th news


By NEIL HARTNELL
Tribune Business Editor
THE Bahamas Chamber of
Commerce's president yes-
terday said the recession and
economic crisis was "a God
send" from the perspective of
shaking Bahamians business-
es out of their complacency,
and forcing them to focus on
efficiency, productivity and
the long-term sustainability
of their business models.
Acknowledging that some
would think he was "off my
rocker", Khaalis Rolle told
Tribune Business that both
the private and public sectors
needed to use the downturn
to better-plan their long-term
futures, and ensure that they
were better prepared to with-
stand future downturns when-
ever they arose.
"I would say, and some
people may think I'm off my
rocker, that this crisis is a God
Send," Mr Rolle told Tribune
Business. "We've enjoyed a
robust economy for so long
that many of us got comfort-


able. We operated at the sta-
tus quo level, and there was
no real need to work hard to
develop efficiency and sus-
tainable models.
"This is now forcing us to
be more competitive and look
at everything. During these
times, we really need to use
these opportunities to plan
better.
"Unfortunately, we haven't
seen a lot of major structural
reforms, because we've been
in the initial part of the
response period when we've
been trying to stem the bleed-
ing more than anything else,
from both the private and
public sector standpoint."
Mr Rolle added: "The
response was to stimulate the
economy, restart it, and the
Government did so with the
capital works projects. The
next phase is to develop a
response mechanism, a move
to refocus that allows us to be
in a better position to with-
stand any downturn over the
horizon."
The Chamber chief said he


Hotels anticipate


'flat to slightly off'


Christmas season

issues on behalf of its members, "paramount, number one"
among them being to "work on cost reduction".
Following that was the need to "put in place regulations on
gaming to help increase the sales focus in the marketplace",
workforce training and development, and working on new ini-
tiatives and with outside partners to increase tourist flows to
Bahamian resort properties.
The latter, the BHA president added, would generate "con-
sistent revenue streams" to ensure "all properties become
profitable".
Mr Sands told Tribune Business that the BHA was still wait-
ing to hear from Vincent Vanderpool-Wallace, minister of
tourism and aviation, on what form reform to the Bahamas'
gaming laws and regulations would actually take.
"It's a bit more than just reform," Mr Sands said of what
Bahamian resorts and casinos wanted to see. "It's improving
regulations to make us much more competitive as a country.
"It's very important for two reasons. The proliferation of
gaming close to the Bahamas, Florida in particular, and having
a major competitive edge over the Bahamas makes it very dif-
ficult for us, in this very depressed environment, to be com-
petitive.
"From a gaming regulatory perspective, if we stand on a
level playing field, entities here will have a better opportunity
to compete for gaming customers in the world marketplace."
Focusing on Florida, Mr Sands added: "They have advantages
in a significant number of areas - the types of game offered, the
ability to be flexible, the ability to move quickly."
Proposals to address these issues and a number of other
areas had been included in the BHA's submissions to the Gov-
ernment on the gaming issue.





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Free parking at The Hilton


KHAALIS ROLLE


believed the Bahamas was
faring "better than most
economies, but is still taking a
beating". He added that dis-
cussions at an Inter-Ameri-
can Development Bank
(IDB) seminar in Barbados
last week had focused on the
sustainability of business
models going forward, and
the need to mitigate against
future recessions.
"I think we're doing pretty
well, relatively speaking," Mr
Rolle told Tribune Business.
"It is what it is, and unfortu-


nately businesses are not
making the types of revenues
they were making two years
ago, or even one year ago.
"But a lot of businesses
have found a way to respond
to it, whether it's looking at
the cost base and reducing
costs in response to a reduc-
tion in revenues.
"There is one company I
spoke to, and some of the
measures they are employing
are so drastic as to reduce
expenditure on personal
items, and staff bringing in
their own cups. They've gone
to lower cost items."
The Chamber president
added: "One of the things the
economic crisis has forced us
to do is to rethink how we do
business. Rethink our entire
approach and operate at a
level that's optimal in terms of
revenues generated and
expenditure."
Mr Rolle warned, though,
that it was likely to be "any-
where from 18 to 24 months"
before the Bahamian econo-
my experienced a sustained


turnaround. While the econ-
omy may have already hit
bottom, "we're now in a state
of what to do next".
The rising unemployment
rate was not necessarily a true
indicator of where the econo-
my was, Mr Rolle said, point-
ing out that as part of doing
"more with less", some busi-
nesses that had experienced
efficiency/productivity gains
after releasing staff may not
hire those positions back.
This, he added, could result
in relatively high unemploy-
ment persisting past a recov-
ery "until we create new busi-
nesses and new opportuni-
ties".
"Unemployment is just a
lagging indicator of where we
are," the Chamber president
said, arguing that "we're at
the end of the technical reces-
sion" thanks to the Obama
administration's stimulus
package.
He added that foreign
direct investment was unlike-
ly to return to pre-2006 levels
for another five to 10 years.


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FRIDAY, OCTOBER 23, 2009, PAGE 3B


THE TRIBUNE


4i


P











Further rating downgrade fear


FROM page 1B

Effectively, the Moody's
report said that while the rat-
ing agency was placing great
faith in the Bahamas' tradi-
tion of macroeconomic and
fiscal prudence to turn around
the worsening fiscal position,
rapid - and decisive - action
was required to 'put the house


in order' and turn the nation
around once the recession was
over.
"The Government has
announced its intention of
reducing debt as soon as the
crisis is over, and given the
Bahamas' strong institutional
history we believe that is like-
ly. Failure to do so would like-
ly result in a negative rating


action," Moody's country
analysis, a copy of which has
been obtained by Tribune
Business, warned.
"The 2009-2010 Budget
forecasts a 3.9 per cent of
GDP deficit, but a higher
shortfall is likely given the
severity of the crisis. Govern-
ment borrowing is pushing
debt higher, and by 2010 it
will be closer to 50 per cent of
GDP, among the highest in
the A [rating] category."
Some 8 per cent of that 50,
Moody's pointed out, was
held by the National Insur-
ance Board (NIB), the
nation's social security pro-
gramme. This, and the high
percentage of national debt
held by Bahamas-based
investors such as banks and
public sector institutions, gave
the Government some fiscal
flexibility.
But the Wall Street rating
agency then warned that the
Bahamas' relatively narrow
tax base, and low per annum
tax revenue intake as a per-
centage of GDP, would
impact this nation's ability to


finance the rapid repayment
of debt once the current
recession ended.
With government revenues
as a percentage of GDP
among the lowest in the
Caribbean, Moody's warned:
"This presents a challenge
when, as now, debt levels rise,
since they must be paid from
a relatively smaller base than
in other nations.
Revenues
"The Government expects
that revenues will increase as
a percentage of GDP as the
economy recovers and they
improve tax collection, but
has so far refused any increas-
es in tax rates or the intro-
duction of new taxes.
"While the Government
has ample short and medium-
term flexibility, it remains an
open question if this approach
is sustainable over the long-
term, particularly given the
increase in recent years in
overall expenditure. Total
expenditures averaged 21.6
per cent of GDP in the last


four years, compared to 18.5
per cent in the previous four."
The Government's 2009-
2010 Budgetary financing
needs, estimated at about 6.5
per cent of GDP to cover the
anticipated fiscal deficit plus
amortisations, were not
viewed as a problem by
Moody's given the likely
appetite of the NIB, Bahami-
an banks and public corpora-
tions for government debt.
The Bahamas Telecommuni-
cations Company (BTC) pri-
vatisation was also expected
to help in this regard.
"At an estimated 13 per
cent in 2009, the ratio of
external debt to GDP is
among the lowest in its broad
peer group and well-below
the median of 41 per cent for
A-rated countries," Moody's
report added.
And while persistent fiscal
deficits would push the
Bahamas' national debt-to-
GDP ratio close to 50 per
cent, higher than many simi-
larly rated countries, Moody's
said the time was "not yet"
for a further downgrade of
this nation's sovereign credit
rating.
"While we are concerned
with the increase in the coun-
try's debt burden, its history
of sensible fiscal management
and strong policy consensus
support the Government's
view that debt numbers will
start trending down once the
worst of the crisis is over.
"But if the increase in debt
numbers remains unchecked,
it will place strong downwards
pressure on the current rat-
ings, and could lead to a
change in outlook and ulti-
mate downgrade into the Baa
category."
Nevertheless, Moody's said
the Bahamas was "well-posi-
tioned to manage the crisis
without permanently weak-
ening its creditworthiness",
even though the Internation-
al Monetary Fund (IMF) had
projected this nation could
suffer "three years of nega-
tive growth" from 2008-2010.
Yet the persistent reliance


on the US remained a key
weakness, and GDP per capi-
ta was forecast to decline
from $22,560 in 2008 to
$21,926 in 2009 and $21,871
in 2010.
Turning to monetary mat-
ters, Moody's said the
exchange rate peg to the US
dollar had largely helped to
contain inflation. And the
Bahamas' structural trade and
current account deficits fluc-
tuated between 5 per cent and
20 per cent of GDP, depend-
ing on the flow of tourism-
related imports and foreign
direct investment-financed
construction materials.
"This year, the current
account deficit will be around
10 per cent of GDP, below
the 13 per cent and 18 per
cent posted in 2008 and 2007,
respectively," Moody's said.
"On nominal terms, the cur-
rent account deficit will shrink
to an estimated $0.8 billion
from $1.2 billion in 2008, and
$1.3 billion in 2007.
Tourism
"The decline in tourism
receipts will be more than
compensated by a decline in
imports growth, a reflection
of lower domestic demand
growth and lower oil imports.
Last year, oil imports amount-
ed to close to 30 per cent of
GDP, more than three times
the 2004 levels."
Moody's added that foreign
direct investment in the
Bahamas traditionally
accounted for 9 per cent of
GDP and 86 per cent of the
current account deficit over
the past five years.
"This year, foreign direct
investment in nominal terms
and as a share of GDP is like-
ly to decline as several impor-
tant projects have been tem-
porarily suspended," the Wall
Street credit rating agency
added.
"We expect foreign direct
investment will continue to
finance about two-thirds of
the current account deficit
going forward."


NAD
Nassau Airport
Development Company


Nassau Airport Development Company Limited I NADI is seeking Proponents individuala Is,
consortium or joint venture that must include an experienced retail operator to finance,
design, develop, operate and manage Bahamian Specialty Retail stores in thie new U.S.
Departures Termninal currentlyy under construction at the Lynden PIndling Iniernational
Airport These store will be world class in design and appearance with a distinctive'sense of
place'and will offer uniquely 100. Bahamian manufactured/produced products at
competitive prices.


Four inline stores have been idenefied in the new terminal for these uniquely Bahamian
products; the categories are as follows:


REQUEST FOR


PROPOSAL




BAHAMIAN SPECIALTY RETAIL SHOPS

NEW U.S. DEPARTURES TERMINAL AT LPIA


1. Jewelry, Arts and Crafts ' -
2. Soaps, Cadles, Oils, Etc, -
3. Straw and related arlides
4, Other Bahamian made products


There will be additional Requests for Propcwis issued over the next few months covering
additi o al inline stores for general retail plus kiosks and carts.


MINIMUM QUALIFICATIONS:
i. Proponents must be Bahamian and incorporated in The Bahama.
ii. Proponents must have operated a retail facility within the last three 13) years.


NAD'5 GOALS AND OBJETIVES ARE TO: Qualified and interested parties may pick-up the Request for Proposal packageat NAN's
(a) achieve a high standard of excellence and customer service;
(a) a6ie a high standard of excellence and (t e serv^lce,. of ces at the reception desk on the second floor DomesticlnternatiorIai Terminal at Lynden
(b) offer a mix of concepts that will help to enhance the image of the Nassa u Airport as
world class airport; Pindling International Airport between the hours of ;OOam and 4:Opm. from October
(c) offer retail choices to paIsengers at reasonable prices; 13th to cobr 26th,2009.A mandatory pre-proposl briefing for those who have picked
(d) offer a mix of local, regional and national and international brands up packages will be held at the New Prvidernoe Community Cetr, Blake Road on
(e) develop and design retail facilities that complement the qualities of the new terminal W neay, 0 OctoWr 20ait 1 01am.
while recognizing the distinctive spirit, character and'sense of place'of The Bahamas; and
(f optimize revenue to NAD.





TODSCUSS STOIS ON THIS PAG LO NT W.TIUE4.O


MAD
Nassau Airport
DfaO;mrflt cmvfrry

PRICE INQUIRY


P1-210 DdirhiM Fubdl f Cinuh d
Imsau A orw Dionrt Crompany iNADi has a mrquicml
te iH tedgM9. IUandiafig frfi1 amtimini I abug I i ft.i
StW 1 ird !tp'; 1 'I 'lit - r L .nPir-i|nupp liir- t;i Ar'ri
Fiparusm Pqd. Arti Slag 1 itnm wm tIm II n

The Scope of Wrk include.:
I* l> friisllj .i.i...4i':f(h i. .ril.uir A.. tilim,i rnktgi in
a't, m -t Ais , e llis Di i bro "-: o U ik isii Blw
jar�k -asscf"Y" ullu
* ~' ui-^ aii,..* i.%l. gT W .'-.w'd1I, i , iw <.> ulO i..'v
sturkim and
S mte wd ltm r kcut ti chs.. ctodowli.�cEld anowy.
in ,inawMi~ntfiae tmnar aile ard erl scdepif


Pnre hprt PIxk;es wil ti a lsb e lor pck IL dlr
t1O pm m W.dlsajy, sqptmnbwr 30th O2009


Coniad: Tm.l Brisby
LPHEz pmiKPtq
F% (421f(P-1~ I1 4Fud MI37?.2tl
PO BAP D. NUm.mBtow
End tmi Uadhprmsh


NOTICE


DINVER INVESTMENT LTD.
In Voluntary Liquidation

Notice is hereby given that in accordance with
Section 138(4) of the International Business
Companies Act. 2000, DINVER INVESTMENT
LTD. is in dissolution as of October 13, 2009.

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


LIQUIDATOR


PAGE 4B, FRIDAY, OCTOBER 23, 2009


THE TRIBUNE







World markets drop amid China policy doubts


World markets drop amid China policy doubts


By JEREMIAH MARQUEZ
AP Business Writer

HONG KONG (AP) -
Global stock markets
dropped Thursday as weak-
ness on Wall Street and
uncertainty about Chinese
stimulus measures that have
pumped up the country's
economy led investors to take
profits from a recent rally.
A number of markets in
Asia and Europe were lower
by one per cent or more,
while oil retreated from a
2009 high and the dollar
recovered modestly against
the yen and the euro.
Investors were spooked by
losses on Wall Street late
Wednesday after a leading
analyst downgraded major
US bank Wells Fargo & Co,
touching off more fears about
the financial sector. That com-
bined with growing anxiety
about the pace of the mar-
ket's rise to drag the Dow
Jones index below the 10,000


level.
Meanwhile, news China's
economy expanded at a heady
8.9 per cent in the third quar-
ter, in line with market expec-
tations, gave investors few
reasons to wade deeper into
the markets.
While the figures were seen
as mostly encouraging, some
analysts said Chinese exports
and private investment con-
tinued to lag, suggesting
growth was still largely the
result of enormous govern-
ment stimulus spending.
"The key message is that
China's economy is recover-
ing and is on track to grow at
least eight per cent this year,
but it's still imbalanced," said
Kelvin Lau, regional econo-
mist at Standard Chartered
Bank in Hong Kong. "We're
still hoping the rest of the
economy will recover as well.
Simply relying on public
investment can't last forev-
er."
With inflation tame and the


country's export sector still
hurting, China was unlikely
to raise interest rates or do
anything else to significantly
tighten its monetary policies
this year, he said.
As trading started in
Europe, Britain's benchmark
was down 1.6 per cent, Ger-
many's DAX was off 1.9 per
cent and France's CAC-40
lost 1.7 per cent.
Europe followed Asia,
where Japan's Nikkei 225
stock average fell 66.22, or 0.6
per cent, to 10,267.17, and
Hong Kong's Hang Seng
dropped 107.59 points, or 0.5
per cent, to 22,210.52.
In China, the Shanghai
index lost 19.18 points, or 0.6
per cent, to 3,051.41. South
Korea's benchmark fell 1.4
per cent, Australia's index
was off 0.5 per cent and Indi-
a's market shed 1.2 per cent.
Analysts in China pointed
to budding concerns about the
direction of Beijing's stimu-
lus programme for some of


the losses.
Chinese Premier Wen
Jiabao said in a Cabinet meet-
ing Wednesday that policy
will focus on balancing eco-
nomic growth while manag-
ing inflation - raising wor-
ries over the potential impact
on lavish government spend-
ing.
"Today's data fell within
expectations, but the Pre-
mier's remark yesterday on
inflation control raised wor-
ries that the government
might tone down its stimulus
policies," said Hu Xiaoyue,
an analyst for Shanghai Secu-
rities.
Markets have been on a
tear in recent weeks, with
benchmarks in the US and
Asia hitting new highs for the
year, as the ailing dollar and
massive liquidity encourage
investors to channel money
into stocks.


But some analysts have
been warning that investors
are increasingly complacent
about the risks facing the mar-
ket. One closely watched
measure of investor fears
about the market, the Chica-
go Board Options Exchange's
Volatility Index, reached its
lowest level in a year on
Wednesday before jumping
higher.
The VIX is now around 22,
down nearly 45 per cent this
year. Its historical average is
18-20, and readings below 25
are often seen as a sign
investors are relaxed or com-
placent. It hit a record 89.5 a
year ago as the financial crisis
deepened.
In New York overnight, the
Dow Jones industrial average
fell 92.12, or 0.9 per cent, to
9,949.36, just above its low of
the day. It was the biggest
point and percent drop since


October 1.
The broader Standard &
Poor's 500 index fell 9.66, or
0.9 per cent, to 1,081.40, after
reaching 1,101.36, its highest
level in the past year. The
Nasdaq composite index fell
12.74, or 0.6 per cent, to
2,150.73.
US futures augured a mod-
estly lower open on Wall
Street. Dow futures were
down 30 points, or 0.3 per
cent, at 9,871.
Oil prices slipped to near
$80 a barrel Thursday as a
wobbly US dollar steadied.
Benchmark crude for Decem-
ber delivery fell $1.13 to
$80.24 a barrel. The contract
jumped $2.25 overnight as the
dollar fell to its lowest since
August 2008.
In currencies, the dollar was
stronger at 91.28 yen from
91.00 yen. The euro fell to
$1.4972 from $1.4999.


Client Relationship Manager


SG Private Banking (Bahamas) Ltd., part of the
Society Generale Group, is a private bank
providing a comprehensive wealth
management service.

SG Private Banking is currently looking to
recruit a Client Relationship Manager. Your
primary role will be to introduce, maintain
and grow profitable client relationships in
Latin America for SG Private Banking
(Bahamas) Ltd and ensure adherence to legal,
regulatory and industry standards

You should ideally hold the Chartered
Institute of Bankers Diploma or equivalent
professional qualifications, and have at least
5 to 8 years' international private banking/
marketing/sales experience.

You should have excellent client relationship
and selling skills, an in-depth knowledge



PriyWte Bankjg
SG Private Banking (Bahamas) Ltd is
licensed under the Bank & Trust Companies Regulations Act


of investment, trust and banking products
and fluent knowledge of Spanish. Some
knowledge of Portuguese would be an asset,
and proficient in the use of Computers. The
incumbent will be required to travel on a
regular basis to designated marketing
regions.

The position offers an attractive salary and
benefits package including group insurances,
pension and bonus schemes.

Applications should be submitted to the
following address, to arrive on or before 28
October 2009.

Head of Human Resources
SG Private Banking (Bahamas) Ltd
PO Box N7785
Nassau
Bahamas


A, "People", Processes and Technology

Driving Business Value"



Our client has requested BHC Consulting to seek applicants for the position of:

IT ADMINISTRATOR

You will be responsible for the health and development of the Corporate Information Systems
and Network. Only candidates with the following qualifications should apply:

* Degree in Computer Science or Engineering
* Microsoft Certified Systems Engineer
* Minimum of 1 year of experience in a similar position
* Excellent verbal and written communication skills

Reporting to the Financial Controller, this is the ideal position for an individual who can work
independently with minimal supervision. You will be responsible for:

* Supervision of the existing corporate information network
* Ensuring that IT utilizes best practices and standards
* Development of new IT initiatives that add value to the business

Remuneration package includes generous employee benefits.

Only candidates that meet the above criteria should respond via email (subject: IT Administrator)
and attach a "one page resume" and salary requirements to:

Brian Hassan, Principal Consultant
bhcc@coralwave.com

Deadline: 21st October, 2009


BY HAND:
Personal & Confidential
Human Resources
Ocean Centre, Montague Foreshore
P.O. Box N - 4890
Nassau, Bahamas


BY MAIL:
Personal & Confidential
Human Resources
P.O. Box N-4890
Nassau, Bahamas


ITDISCS TRE NTIS PAG LOG N0TO WW.TIBUE22CO0


Julius Bar


Julius Baer Group, the leading dedicated Wealth Management is seeking
candidates for the position of:

SENIOR RELATIONSHIP MANAGER

CORE RESPONSIBILITIES:

- Acquire new clients through personal network (within defined objectives
Acquire new client finders or EAM
Provide financial information to clients as requested
- Create / Maintain a privileged relationship with new or existing clients
providing a service of excellence
- Develop Julius Baer Bank & Trust as booking centre through Julius
Baer worldwide network

REQUIRED SKILLS:

- Excellent French verbal and written communication skill
- PC literate with strong Excel, Word, PowerPoint (ability to learn new
applications quickly)
- Strong understanding of Swiss Private Banking industry creed and
regulatory framework
- A commitment to service excellence

EXPERIENCE:

Minimum 10 years experience in Private Banking, Asset Management
or related field

EDUCATION:


A Bachelor's degree with concentration in Economic, Business
Administration or equivalent.
The Securities Course Series 7 or equivalent.


FOREIGN LANGUAGES:

The ability to speak a third language (Italian, German, Spanish or
Portuguese) would be a strong asset.

We offer a very competitive compensation and benefits package, a stimulating
work environment and the opportunity to make a significant contribution to our
business while expanding your career.

Interested candidates should forward a copy of their resume by October 31st,
2009 to the attention of:


FREE sEmInIIR



You are invited to attend a Free Financial

Seminar, organized by the Education Committee of

the Public Workers' Co-operative Credit Union

Limited, to be held on Friday, October 23rd, 2009 at

the Office of the Bahamas Co-operative League

Limited (justwestofWendy's, Oakes Field), beginning

at 6:30 p.m.

Come

and

See how you can stretch your


DOLLARS SSS


Featured Speakers:

Mrs. Stephanie Missick-Jones

(Credit Specialist-Bahamas Co-operative League Ltd.)

and Mr. Philip Greenslade

(Treasurer-Public Workers' Co-operative Credit Union Ltd.)



Bring a friend and get a prize for bringing the most guests.

Refreshments wil be served


FRIDAY, OCTOBER 23, 2009, PAGE 5B


THE TRIBUNE










Lease extension granted to close $258m purchase


Tug & Towing Services. The
latter operates a fleet of tug-
boats in Freeport.
Statoil and World Point
Terminals had originally
hoped to close the deal for
South Riding Point, which
includes 6.75 million barrels
of liquid bulk storage capaci-
ty in 10 tanks, on October 1,
2009, but this deadline was
missed in the wait for gov-
ernment approval.
Apart from National Eco-
nomic Council (NEC) and


NTAD
Nassau Airport
Diwlopmonit Campii .





C-292 SKefty Systms

aiJitp IW. gd ,lRFlm CO e:?,rMI'.1ples d 10
iAwnum lll imim RFw -iA5I' .i sl nii 2 aid dti L ind Padihg Iriraimdalnpiart Expanml wi
Staw I w* aEl9lhme.
The scope ot wor induces:
*' A seenarnli e -l rir! - rrljs' "ovrnI w trt


Ni-rmcm CmnmniciiuxiSw - X f.ail3XM IttDWz NTjI


rrpe- i lzr icn t:i r Scopeolbf ' dli i dt lrt r It QFFP and r izll
mate rrmrmum Lwe t dnnaui dt ci tI shef pduc4~nd

Iv C192 Fm-P 1D. iw wl be I n l o I p6 n" pli 'tn
1:00pm, Thurirsday cIlaber i, S20DOL Abidden rm"
Mil be hod ai ilM Im, Fr-iay October 2t%, 2M
Ph-=h lLU4 TTlw. D . I lr f laiw ii l.k NAP PlAl.u %4


Cmt.TRAaaRSF Y
CuQta aid Rm MzM maq
FO IkaAP bVIl. Nwmj.FhrmaA
EmL Iniudihtin oJ


A well established business within New
Providence is in search of an Inventory
Control Manager. Inquires must be
able to organize and set up an easy
manageable inventory control system
that includes monitoring and organizing
Building & Hardware and Plumbing
& Electrical Supplies. The successful
candidate must posses the following
skills

Be able to:
* Track and follow-up on all shipment
from Suppliers.
* Receive and validate all shipped
items.
* Organize a comprehensive store
delivery system.
* Organize and/or Improve items
location on the sales floor area.
* Maintain a proper data base so
that management and staff have an
accurate record of all In-stock items
* Manage inventory control staff.

The successful applicant must have
a minimum of 3-5 years inventory
and stock taking experience. He/she
must be familiar with the Microsoft
word & excel software. Warehouse
management and Stock taking training
with certificates would be desired.

Salary would be based on qualifications
and experience.

Interested applicants are asked to
apply through the following address:

The President
Re: Inventory Control Manager
P.O.Box N-7143
Nassau, Bahamas


Investments Board approval,
both of which fell under the
purview of the Cabinet or a
Cabinet subcommittee, Sta-
toil also had to win permis-
sion for the lease transfer and
a 30-year extension to its
tenure from South Riding
Point's landlord, the Bahamas
Agricultural and Industrial
Corporation (BAIC).
Existing
The existing lease on the
763-acre South Riding Point
site, which includes 155 acres
of land, the rest being the sea
bed and offshore jetty, expires


in 2019.
Statoil, which has leased
space at the oil storage, blend-
ing and transshipment facility
for the past 16 years, sees
South Riding Point's acquisi-
tion as a logical extension to
its long-term growth strategy.
South Riding Point, which
employs 55 Bahamians and
features 10 storage tanks and
two berths, is well-positioned
for the increasing advances
Statoil wants to make into the
US market, and the increasing
volume of oil being shipped
from Brazil. Statoil's lease at
the site was due to end short-
ly, and it seemingly believes


LEGAL NOTICE

NOTICE
INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)

PLATINUM STAR GROUP LTD.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act,
No. 45 of 2000, the Dissolution of PLATINUM STAR
GROUP LTD. has been completed, a Certificate of Dis-
solution has been issued and the Company has therefore
been struck off the Register. The date of completion of
the dissolution was the 13th day of October, 2009.




Alrena Moxey
Liquidator


LEGAL NOTICE

NOTICE
INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)

PLEAMMER INVESTMENTS
HOLDINGS LTD.

Notice is hereby given that in accordance with Section
138 (8) of the International Business Companies Act, No.
45 of 2000, the Dissolution of PLEAMMER INVEST-
MENTS HOLDINGS LTD. has been completed, a Cer-
tificate of Dissolution has been issued and the Company
has therefore been struck off the Register. The date of
completion of the dissolution was the 13th day of Octo-
ber, 2009.


Alrena Moxey
Liquidator


Legal Notice
NOTICE
ACCRINGTON HOLDINGS LTD.

- -

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





ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE
NIPSON GREEN INVESTMENTS LTD.




Notice is hereby given that in accordance with Sec-
tion 138 (8) of the International Business Companies
Act 2000, the dissolution of NIPSON GREEN
INVESTMENTS LTD. has been completed; a
Certificate of Dissolution has been issued and the
Company has therefore been struck off the Register.



ARGOSA CORP. INC.
(Liquidator)


that ownership/control at
South Riding Point would
better aid its cause.
Executive
At the time, Jon A Jacob-
sen, Statoil's executive vice-
president for manufacturing
and marketing, said of the
planned purchase: "It will
strengthen StatoilHydro's
marketing and trading posi-
tion in North America by
securing the full terminal
capacity. StatoilHydro's
objective is to upgrade the
terminal to allow for blend-


ing of all types of crude oils,
including heavy oils."
The Statoil deal is the sec-
ond acquisition of a Grand
Bahama-based oil storage ter-
minal within two years, the
first being the purchase of the
BORCO terminal by First
Reserve and Vopak for
around $900 million in 2008.
The South Riding Point
deal has no connection to Sta-
toil's entrance into the
Bahamas in May 2009, when
it announced its oil explo-
ration joint venture with BPC
Ltd in the southwestern
Bahamas.


Share your news

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


Legal Notice
NOTICE
AVE MARIA HOLDINGS LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 21 st day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE
TERRA FIRMA VENTURES LIMITED
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 21 st day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)




NOTICE


IN THE ESTATE OF DAVID
ARTHUR BROWN also known
as DAVID A. BROWN late
of 4644 Isleta Avenue in the
City of San Diego in the State
of California one of States of
the United States of America,
deceased.


NOTICE is hereby given that all persons
having any claim or demand against or interest
in the above Estate should send same duly
certified in writing to the undersigned on or
before 27th November, 2009 after which date
the Administratrix will proceed to distribute the
assets of the Estate having regard only to the
claims, demands or interests of which she shall
then have had notice AND all persons indebted
to the above Estate are asked to settle such
debts on or before 27th November, 2009.



FREDERIK F. GOTTLIEB & CO.
Attorneys for the Administratrix
P.O. Box AB-20405
Bay Street, Marsh Harbour
Abaco, The Bahamas


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


FROM page 1B

Point Holdings, had complet-
ed the deal with Statoil's own
entity, Statoil South Riding
Point LLC.
Under its terms, Statoil
acquired the shares of Old
South Riding Point Holdings'
three Bahamian subsidiaries,
South Riding Point
(Bahamas), South Riding
Point Terminal and South
Riding Point Tugs, and its 50
per cent interest in Freepoint


PAGE 6B, FRIDAY, OCTOBER 23, 2009


THE TRIBUNE












Halloween stores pop




up in old retail haunts ___


JL__ _


By MAE ANDERSON
AP Retail Writer


NEW YORK (AP) - The
recession hasn't been so scary
for Halloween stores. In fact,
they're finding better haunts
in the graveyards of failed
retailers.
The seasonal sellers are tak-
ing advantage of the spate of
retail bankruptcies and clos-
ings to open more - and
larger - temporary stores
this year in better locations. It
adds up to an aggressive bid
to capture cautious con-
sumers' dollars in an industry
that has grown rapidly over
the past decade.
Spirit Halloween has raised
83 former Circuit City stores
from the dead, part of the 100
stores it has added to the 625
it had last year.
Other smaller competitors
are also taking bigger bites
this year: Halloween Express,
based in Owenton, Ky., and
Halloween Adventure, based
in Garnet Valley, Pa., have
each added about 10 new
stores this year.
Since Halloween falls on a
Saturday this year - the best
day according to those in the
industry since more adults
throw parties - retailers are
hoping for brisk business.
Despite the recession, mar-


ket research firm IBISWorld
Inc. expects 2009 sales for cos-
tumes and decor to rise three
per cent to $3.8 billion this
year compared with a year
ago. Halloween Adventure
CEO Joe Purifico confirmed
sales were "trending up" as
the company headed into the
important two-week stretch
before Halloween.
But seasonal retailers -
which make about 70 per cent
of their sales in September
and October - face tough
competition for market share
from lower-priced retailers
such as Target Corp. and
Wal-Mart Stores Inc., so visi-
bility is key.
"The bigger the storefront,
the bigger impression you
have on the consumer and
that's the big plus," said Spir-
it Halloween vice president
of operations Tony Detzi.
They stores say they're not
really saving much on rent,
but spending similar amounts
to get better locations.
The Spirit Halloween on
Manhattan's Upper West
Side was bustling on a recent
afternoon. Kids alternately
marveled and screamed at the
decor on the first floor -
including a life-size Michael
Myers from "Halloween" -
while shoppers browsed cos-
tumes ranging from knights


NOTICE is hereby given that SHERLINE JEAN LOUIS of
CARMICHEAL ROAD, NASSAU, BAHAMAS, is applying
to the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and that any
person who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement of the
facts within twenty-eight days from the 23rd day of October, 2009
to the Minister responsible for nationality and Citizenship, P.O. Box
N-7147, Nassau, Bahamas.




NOTICE is hereby given that WILSON PETIT-HOMME of
FIRETRAIL ROAD, NASSAU, BAHAMAS, is applying to
the Minister responsible for Nationality and Citizenship, for registration/
naturalization as a citizen of The Bahamas, and that any person
who knows any reason why registration/naturalization should not
be granted, should send a written and signed statement of the facts
within twenty-eight days from the 23rd day of October, 2009
to the Minister responsible for nationality and Citizenship, P.O. Box
N-7147, Nassau, Bahamas.





NOTICE is hereby given that URA BELLE CLARKE of P.O.
BOX SS-5612, NASSAU, BAHAMAS, is applying to the
Minister responsible for Nationality and Citizenship, for registration/
naturalization as a citizen of The Bahamas, and that any person who
knows any reason why registration/naturalization should not be granted,
should send a written and signed statement of the facts within twenty-
eight days from the 16th day of October, 2009 to the Minister
responsible for nationality and Citizenship, P.O. Box N-7147, Nassau,
Bahamas.





NOTICE is hereby given that GEORGY ALCITA of TALL
PINES OFF GLADSTONE ROAD, NASSAU, BAHAMAS,
is applying to the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The Bahamas, and that any
person who knows any reason why registration/naturalization should
not be granted, should send a written and signed statement of the facts
within twenty-eight days from the 16th day of October, 2009 to the
Minister responsible for nationality and Citizenship, P.O. Box N-7147,
Nassau, Bahamas.






"IlWATWMNAL BMWS COW"I ACT


LEIIAND OIIMMEENTSA


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in armor to sexy nurses, most
for around $30, on the second
floor.
Lucy Mateo, 40, an execu-
tive assistant in New York
who works nearby, was sur-
prised at the speed the vacant
Circuit City morphed into
Spirit Halloween. "I didn't
even know it was under con-
struction."

Closings

Empty retail space from the
closings of Circuit City,
Mervyns, Linens 'N Things
and Home Depot's Expo
Design Center have given the
temporary stores plenty to
work with.
Suzanne Mulvee, senior
economist at Property & Port-
folio Research, estimates
there is 269 million more
square feet in vacant retail
space - the equivalent of
about more than 5,000 full-


size Best Buy stores - across
the country compared with a
year ago. That gives retailers
bargaining power, she said.
"A year ago they were in
the corner of the mall, where
no one went to," she said.
"Now there are all these
choices."
Shuttered big-box stores
also let retailers have more
space, which ultimately trans-
lates into more dollars for sea-
sonal retailers.
"It helps to make the store
more shoppable, there's more
floor space to put out all the
product that you want and
still have enough elbow room
for customers," said Hal-
loween Adventure's Purifico.
The average square footage
for Halloween Adventures
stores grew from 8,000 to
10,000 this year.
If you try to cram too much
into a smaller store, "the store
becomes a maze," he said.


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FRIDAY, OCTOBER 23, 2009, PAGE 7B


THE TRIBUNE





THE TRIBUNE


FRIDAY, OCTOBER 23, 2009, PAGE 9B


China's economy expands





8.9 per cent in third quarter


By ELAINE KURTENBACH
AP Business Writer

SHANGHAI (AP) - Lavish gov-
ernment spending and bank lending
helped China's growth rate acceler-
ate to an 8.9 per cent pace in the
third quarter, far outstripping expan-
sions elsewhere around the globe
and raising questions about whether
the rapid rebound can be sustained.
China also announced Thursday
that industrial production and invest-
ment spending are growing at a
faster pace. That seemingly good
news unsettled local stock investors,
however, on fears Beijing may need
to rein in its stimulus policies to
avoid asset bubbles and inflation.
Companies, central bankers and
political leaders around the world
are increasingly counting on growing
demand from Chinese producers and
consumers to offset sluggish home
markets. Corporations from Coke
to Caterpillar are seeing their
strongest sales in Asia, particularly
China. So far, the growth is coming
mostly from government-backed
spending on construction and other
projects, but demand from China's
traditionally frugal, still relatively
poor consumers is also rising.
The world's third-largest econo-
my began to falter in late 2008 as
exports plunged and thousands of
factories shut down, throwing mil-
lions out of jobs. China fought back
with a four trillion yuan ($586 bil-
lion) stimulus plan involving mas-
sive spending and bank lending for
construction of infrastructure such
as railways and roads to pump up
the domestic economy.
Growth fell to a low of 6.1 per
cent in the first quarter, but rebound-


A VENDOR sleeps surrounded by his vegetables at a market in Suining in southwest
China's Sichuan province. (AP Photo)


ed to 7.9 per cent in the second quar-
ter, hitting 8.9 per cent in the third
quarter compared with a year earli-
er. That puts the economy on track
to at least meet the official target of
an eight per cent expansion for 2009.
With China in the forefront, "Asia
appears to be leading the global
recovery," Federal Reserve chair-
man Ben Bernanke said earlier this
week. "Recent data from the region
suggest that a strong rebound is, in
fact, under way."
Yet sustaining the upswing beyond
a few quarters hinges on stronger
demand for exports from important
markets such as the US, Europe and
Japan which are emerging only slow-
ly from the worst global recession
since World War II.
"We'll see strong growth from
China for the next six months, pos-
sibly another year," said Standard
Chartered Bank economist Stephen
Green. "The problem is what hap-
pens after another year and a half.
What will be the growth driver


then?" he said.
Signaling another set of concerns,
China's top leaders said Wednesday
that policies will increasingly focus
on countering inflation - a prob-
lem that had seemed below the hori-
zon with consumer prices down 1.1
per cent so far this year. They also
resolved to clamp down on waste,
industrial overcapacity and other
imbalances brought on by the rapid
resurgence in growth.
Still, the announcement that
growth continued to accelerate in
the third quarter contained a hint of
jubilation over Beijing's progress in
mending damage from the global
economic crisis.
"We can say we have made obvi-
ous and remarkable achievements
in our economic growth," National
Statistics Bureau spokesman Li
Xiaochao told reporters in Beijing.
"We have quickly reversed the
economic slowdown. The momen-
tum of the recovery is solid and over-
all, our economic performance is


showing signs of improvement," Li
said.
Industrial output rose 8.7 per cent
in the first three quarters of the year,
and 12.4 per cent in July-September
- signaling accelerating demand for
steel and other industrial goods.
While China's imports still fall far
short of its exports, its recovery is
playing a stabilizing role for other,
harder-hit economies, said David
Cohen, director of Asian economic
forecasting for the consultancy
Action Economics in Singapore.
"The Chinese are the biggest cus-
tomers for many countries around
the world," he said. "They matter
like never before."
Surging purchases of coal, iron ore
and other minerals have aided glob-
al miners BHP Billiton and Rio Tin-
to.
Automakers such as Ford Motor
Co. and General Motors Co. are
increasingly reliant on China with
its auto market surging ahead of the
US to become the world's biggest
this year.
Caterpillar Inc., which makes
heavy equipment, raised its earnings
forecast for the year because of per-
formance in Asia, its best-perform-
ing region. Deliveries of its products
in China were higher than they had
ever been for the third quarter.
Coca-Cola Co. plans a $2 billion
investment along with its bottlers in
China in the next three years to meet
the growing popularity of fizzy
drinks.
Even as China's rapid recovery
sees it loom ever larger for compa-
nies in the West, it is grappling with
problems that could undermine that
progress.
Heavy reliance on spending on


public works and other investments
has raised worries that wasteful and
redundant outlays on new factories
and unneeded construction will
worsen gluts, while inviting finan-
cial problems as projects fail to pay
off.
Record bank lending has also
helped spur potentially unhealthy
run-ups in property and share prices.
On Wednesday, top bank regulator
Liu Mingkang ordered banks to
show more caution in lending in
coming months.
The government this week also
outlined fresh curbs on investments
in steelmaking and other industries
plagued by massive overcapacity.
China's planners are seeking to
widen the sources of growth beyond
exports and investment in state-dom-
inated industries by channeling
spending to areas of the economy
expected to spur more consumer
spending and improve productivity.
While China's domestic con-
sumption remains low compared
with other major economies, it is ris-
ing. Retail sales grew 15.1 per cent in
the first three quarters, the statistics
bureau said. Housing sales have
been rising and new housing starts
are also picking up.
"I never trusted what the econo-
mists were saying on TV about the
recovery until our orders doubled
last month. Now I'm convinced,"
said Zhang Yizheng, general man-
ager of Shanghai Rising, a trading
company that deals in plastic pipes
used mainly in vehicles.
"Our orders from car makers,
electric equipment makers and con-
struction companies tell me that
their business is returning to nor-
mal, too."


THE WEATHER REPORT LIMITED
THE WEAT HER REP OHO I IINSURANCE BROKERS & AGENTS


15DAI FORECA. S TOA I SATRDAY [NA MNA T USA ,I


ORLANDO
High: 88* F/31* C
Low: 69� F/21oC
Q.
TAMPA
High:87�F/31�C
Low: 730 F/23�0C
QL


": _ , , *..=, ; *-., - * :

Partly sunny, a couple Partly cloudy, a Partly sunny, a Partly sunny, a Partly sunny, a Periods of sun,
of t-storms couple of t-storms t-storm, breezy t-storm possible t-storm possible t-storms possible
High: 87o High: 87o High: 87o High: 88o
Hi h: 86o Low: 77o Low: 77o Low: 790 Low: 780 Low: 780
93� F 77� F I I 100�-82 F 92�-85 F F 99�-86 F
The exclusive AccuWeather RealFeel Temperature is an index that combines the effects of temperature, winl hI ..i-lt .... : .-.t . .t cloudiness, precipitation, pressure,
and elevation on the human body-everything that effects how warm or cold a person feels -..I.... - ..... - I I.- . .. . . I the low for the day


ts

10-20 knots


. WEST PALM BEACH
High: 88* F/31 C
Low: 76�F/24�C
FT. LAUDERDALE
High:86� F/30�C
Low: 760 F/24�C ..


8-16 knots


LMIAMI
High: 880 F/31
Low: 75� F/240


KEYWEST
High: 86* F/30* C
Low:78* F/26* C


a.


�C



k

8-16 knots


Shown is today's weather. Temperatures are today's
highs and tonight's lows.


Cape Hatteras
--.35 !Atlantao Charlotte * Highs: 74�F/23�C
Hig : 72�F1'22�C High1'- 72�F/22�C
^'3" l " ICharleston
' ; * " Highs: 82�F/28oC
^ ensacola Savannah
S igh-s:-78E/26.�C Highs: 82oF/28�C
IM > Daytona Beach
k �.Highs: 86F/30�oC


FREEPORT
High: 86* F/30* C
Low: 760 F/24� C












ANDROS
High: 86� F/30� C
Low: 770 F/250 C


Bermuda
Highs: 77�F/25�C


ABACO A
High: 86*�F/30*C V f
Low: 77� F/25� C - < 'm l1


.:12-2





NASSAU
High: 86*�F/30*C
Low:770F/250 C





""-<^ .8-16 knots


5 knots


Statistics are for Nassau through 2 p m yesterday
Temperature
High 860 F/300 C
Low 750 F/240 C
Normal high 840 F/290 C
Normal low 720 F/220 C
Last year's high 88 F/31 C
Last years low 78� F/26� C
Precipitation


As of 2 p m yesterday
Year to date
Normal year to date


ELEUTHERA
High: 86*�F/30* C
Low: 780 F/26� C






GREAT EXUM
High: 870 F/31o0C
Low:76� F/24� C


Shown is today's
weather. Temperatures
are today's highs and
tonight's lows.


0 01"
31 89"
44 03"


AccuWeather.com
Forecasts and graphics provided by
AccuWeather, Inc. @2009



CAT ISLAND
High: 85* F/29* C
Low: 74* F/23* C


IA


011 2 3141 617 89101
LOW MODERATE HIGH V. HIGH IEXT.
The higher the AccuWeather UV IndexT number, the
greater the need for eye and skin protection


High Ht.(ft.) Low Ht.(ft.)
Today 11 04 am 30 4 37 am 07
__ 11 26 pm 24 5 38 pm 09
Saturday 11 54 am 28 5 27 am 09
..---.6 30 p m 10
Sunday 1221am 23 622am 12
1248 pm 27 7 25 pm 12
Monday 120am 23 7 22 am 1 3
144pm 26 818pm 12
Tuesday 219am 24 824am 13
239pm 26 908pm 10


Wednesday 14a m
3 30 p m
Thursday 4 03 a m
4 16 pm


923 a m
9 53 p m
10 16 am
10 34 pm


1 1, 1 I1 U I I
Sunrise 712am Moonrise 1213pm
Sunset 636pm Moonset 1054pm
First Full Last New

Oct 25 Nov 2 Nov 9 No
Oct. 25 Nov. 2 Nov. 9 Nov. 16


SAN SALVADOR
High: 85* F/29* C
Low: 76� F/24�C


LONG ISLAND
High: 86*�F/30* C


V


12-25 k


Low: 765 /24 1CW


CROOKED ISLAND/ACKLINS
High:88*F/31*C
RAGGED ISLAND Low:78 F/26�C
High:86�F/30�C
Low:75�F/24�C


GREAT INAGUA
High: 89* F/32* C
Low: 77� F/25� C


knots
MAYAGUANA
High: 86� F/30� C
Low: 76�F/24�C


' Tampa * report
Highs: 87�F/31�C A hs. 86F/30
Miami * kk -,assaukk kk k k kk k
25 Highs:.88�oF/-31 �s

Havana * -.*< -----
Highs: 88�F/31�C " "
- Santiago-de Cuba
� Highs: 85�F/29�C
20 *ozumel Port-au-Prince San Juan, ,\
Cozumel 1. San Juans
Highs: 90�F/32�C High: 88�F/31 C * Highs: 89�F/32�C
SL-lize *,k. Santa " - - Antigua
S..Bnelize Kingstonr ik Domingo " Highs87�F/31lC
Higljs: 89�F/32�C .'Iighs7. , ,/1oC Highs: 84�F/29�C (*'-
.1 - -. L"
0\ * Barbados
"" ', r , , ,Aruba Curacao o Highs: 86OF/30oC
Managua ' - Highs: 90�F/32�C
lHigh~s:89�F/32�C o Trinidad
_ . - Tobago
10. n * "" Caracas ' Hghs: 89�F/32�0
- @ High s-83�F/28�C * Panama City Highs: 90�F/32�C - ,
CHighs: 88-F/31�C H 9 'N

85k 80 75 k70 656' 60 55 50


Warm Cold Stationary
-L"v vv


Showers Rain T-storms Flurries Snow Ice
S* * * *


7-14 knots


Ats


8-16 knots


WINDS WAVES VISIBILITY WATER TEMPS.
ABACO Today E at 12-25 Knots 6-10 Feet 10 Miles 81� F
Saturday S at 20-30 Knots 6-10 Feet 5 Miles 81� F
ANDROS Today NE at 8-16 Knots 2-4 Feet 10 Miles 830 F
Saturday SWat 4-8 Knots 1-2 Feet 10 Miles 830 F
CAT ISLAND Today SE at 12-25 Knots 6-10 Feet 3 Miles 840 F
Saturday SE at 8-16 Knots 3-5 Feet 10 Miles 840 F
CROOKED ISLAND Today S at 8-16 Knots 2-4 Feet 3 Miles 840 F
Saturday ESE at 8-16 Knots 2-4 Feet 6 Miles 840 F
ELEUTHERA Today E at 15-25 Knots 8-12 Feet 4 Miles 830 F
Saturday SSE at 10-20 Knots 3-8 Feet 10 Miles 830 F
FREEPORT Today ENE at 10-20 Knots 2-4 Feet 10 Miles 820 F
Saturday SWat 7-14 Knots 1-3 Feet 5 Miles 82� F
GREAT EXUMA Today N at 8-16 Knots 1-3 Feet 5 Miles 83� F
Saturday SSE at 8-16 Knots 1-3 Feet 5 Miles 830 F
GREAT INAGUA Today S at 7-14 Knots 2-4 Feet 5 Miles 840 F
Saturday ESE at 7-14 Knots 2-4 Feet 6 Miles 840 F
LONG ISLAND Today SSW at 10-20 Knots 1-3 Feet 3 Miles 840 F
Saturday SE at 8-16 Knots 1-3 Feet 10 Miles 84� F
MAYAGUANA Today SSE at 10-20 Knots 4-8 Feet 4 Miles 84� F
Saturday ESE at 10-20 Knots 4-7 Feet 6 Miles 840 F
NASSAU Today ENE at 12-25 Knots 3-5 Feet 10 Miles 830 F
Saturday S at 10-20 Knots 2-4 Feet 10 Miles 830 F
SAN SALVADOR Today SWat 7 14 Knots 1-2 Feet 10 Miles 84� F
Saturday SE at 7-14 Knots 1-3 Feet 10 Miles 84� F
RAGGED ISLAND Today SE at 12-25 Knots 3-6 Feet 4 Miles 840 F
Saturday SSE at 8-16 Knots 2-4 Feet 10 Miles 840 F


> uH!D1 INSURANCE MANAGEMENT

" ." U U (BHAIIAMAS) LIMITED. INSURANCE BROKERS & AGENTS


ITDISCS TRE NTIS PAG LOG N0TO WW.TIBUE22CO0


I


i


INSURANCE MANAGMENT Th KING MAP
...........


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





TRIBUNE~~ITENAIOA SPRSPRDAOCOER2,209TPGS
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ww 4. tribune 242. c2,4k2fel


Wallace helps



Celtics beat



Shaq and Cavs


By RUSTY MILLER
AP Sports Writer


COLUMBUS, Ohio (AP)
- The Boston Celtics rested
two-thirds of their Big Three.
Everybody else was up to the
task.
Eddie House scored 21
points as the Celtics rolled to
a 96-82 victory over the
Cleveland Cavaliers in a pre-
season game Wednesday
night.
"We got a win. We closed
the preseason out right," said
House, who hit 8 of 14 shots
from the field including three
3-pointers.
Kevin Garnett and Ray
Allen didn't play for the
Celtics, coach Doc Rivers say-
ing before the game that he
had also asked Paul Pierce to
rest. Pierce, however, started
and played just over 13 min-
utes and scored 11 points.
"I was just trying to stay
sharp," Pierce said.


"We've got five, six days
before we play again. I
thought it was good for me to
go out there."
The two teams meet again
in the season opener on Tues-
day in Cleveland.
"I don't care where it is
when you play the Cavs,"
Pierce said. "They're a team
that we probably are going to
have to go through in the
Eastern Conference. They're
going to be right up there at
the top if they stay healthy.
It'd be great to get a win in
that building."
Marquis Daniels scored 17
points, Kendrick Perkins 13
and Rasheed Wallace 10 for
the Celtics (6-2). They were
on top 32-22 after a quarter
and never trailed again, lead-
ing by as many as 21 points
in the third quarter.
LeBron James scored 18
points, Shaquille O'Neal 16
and Anderson Varejao had
10 for the Cavaliers (3-4).


RASHEED WALLACE shoots during the first quarter of a preseason game against the New Jersey Nets...
(AP Photo: Bill Kostroun)


Stern hopeful

on Nets sale,

return of refs

By BRIAN MAHONEY
AP Basketball Writer
NEW YORK (AP) -
David Stern says the sale of
the New Jersey Nets to Rus-
sia's richest man could be
approved by the end of the
year.
Stern said Thursday that
Mikhail Prokhorov, who has a
deal to buy 80 per cent of the
team, had a positive intro-
duction with NBA owners
during their two-day Board
of Governors meetings.
Prokhorov's application is
currently under review and
the sale must be approved by
three-fourths of the league's
owners.
Stern also says he's hope-
ful the referees will approve a
new contract with the league
that would put them back to
work for the start of the reg-
ular season.
The commissioner also says
owners voted to give the
league office emergency pow-
ers to determine what hap-
pens if teams can't field the
minimum eight players
because of illness.


Jazz pounce on Blazers, 108-97


By ANNE M PETERSON
AP Sports Writer
PORTLAND, Ore. (AP) - After
a dominating preseason win over the
Portland Trail Blazers, Carlos Booz-
er feels like the Utah Jazz are ready
for the regular season.
"We've got to tighten up some
stuff," he said. "We've got to take
care of that full-court press a little
better at the end of the game, I'm
sure we'll get over it tomorrow. But
for the most part, I think we did a
good job defensively, especially in
the half court. We did a good job of
helping each other."
Deron Williams had 27 points and
Boozer and Ronnie Brewer each
added 16 in Utah's 108-97 presea-
son victory over Portland on Tues-
day night.
The Jazz (4-2), missing Kyle Korv-
er and C.J. Miles because of injuries,
led by as many as 25 points.
"I don't have all our players here,
that's the thing that's always diffi-
cult," coach Jerry Sloan said about
the impending season. "But we're
going to play anyway, and I've
always believed that if you come and
play hard as a team, you always have
a chance."
Jerryd Bayless had 16 points for
the Blazers (3-4), who overall
seemed both tired and out of sorts.
Brandon Roy had 15 points and
Travis Outlaw added 10, all in the
first quarter.
"We just looked like we hadn't
seen each other today," Roy said.
"It's almost like a quarterback play-
ing with a receiver he's never played
with before."
Utah center Mehmet Okur
returned after missing Sunday's vic-
tory over Charlotte with a sore back
and contributed five points.
The Blazers made a surprise move
when Juwan Howard started at for-
ward instead of LaMarcus Aldridge,


I ftr ncnsstntdeutseso, d n hes ouds adsne m ve, hags ati tue'


CARLOS BOOZER dunks in the first quarter of their preseason game...
(AP Photo: Rick Bowmer)


who had a left shin contusion and
was a last-second scratch. Howard
was acquired by Portland as a free
agent in the offseason.
Portland lost forward Nicolas
Batum early in the game with a hip
injury.
The Blazers were already without
center Greg Oden, who bruised his


thigh on Sunday in Portland's come-
from-behind victory over Denver.
Blazers swingman Rudy Fernan-
dez missed the game because of a
bad back, and coach Nate McMil-
lan said he's unlikely to play in the
preseason finale Thursday against
Phoenix in Vancouver, British
Columbia.


GREG ODEN can be seen during media day. After an inconsistent debut season, Oden
reinvented himself during the summer by shedding 15 pounds, adding a couple of


new moves and changing his attitude...


The Jazz led by as many as 13
points in the first quarter, jumping
on the dazed Blazers. About the
only spark for Portland was Outlaw,
but even that was short-lived.
Utah's dominance continued as
Kyrylo Fesenko's running jumper
extended the lead to 40-26.
The Jazz led 59-40 at halftime, and
Boozer's tip-in stretched the lead to
85-61 at the end of the third quarter.
Both teams pretty much sat their
starters for the final quarter.
The officials drew the ire of fans
- who chanted their displeasure -
with a few questionable calls, but
there was word earlier Tuesday that
the NBA's labor dispute with the
referees' union may be drawing to a
close.
A person familiar with the nego-
tiations told The Associated Press
that the league has made a new pro-


(AP Photo: Don Ryan)

posal. The person, who requested
anonymity because the negotiations
are ongoing, said it's "highly likely"
the referees will be back for the
opening of the season.
The Jazz, who went 48-34 last sea-
son before falling to the eventual
NBA champion Los Angeles Lakers
in the first round of the playoffs, vis-
it the Sacramento Kings for the pre-
season finale before opening at Den-
ver on Oct. 28.
Portland won 54 games last season
but fell to the Rockets in the first
round of the playoffs. After wrap-
ping up the season against the Suns,
the Blazers open at home against
Houston next Tuesday.
Portland tried to acquire Utah for-
ward Paul Millsap in the offseason,
signing the restricted free agent to an
offer sheet. But the Jazz matched
the offer.


2009 Sunfish World Championships


U.


. r __i -IPA


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


Aw-


FRIDAY, OCTOBER 23, 2009, PAGE 9


TRIBUNE SPORTS


ib




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