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Permanent Link: http://ufdc.ufl.edu/UF00084249/01443
 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 30, 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: UF00084249:01443

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TINGS TOUGH
McDOUBLE J J1
FOR $3.79 ""m ,vW
HIGH 87F
LOW 73F

... SUNNY
. AND NICE


The


Tribune


BAHAMAS EDITION
www.tribune242.com


Volume: 105 No.2


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82



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FRIDAY, OCTOBER 30, 2009


PRICE - 750 (Abaco and Grand Bahama $1.25)


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Hal ofFam
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Judge rules on


MP's


Man charged
with attempting
to escape court
By MEGAN
REYNOLDS
Tribune Staff Reporter
mreynolds@
tribunemedia.net
A MAN who made an
apparent bid for freedom
from a Magistrate's Court
was yesterday remanded
in custody at Sandilands
Rehabilitation Centre.
Demetrius Clarke, 24,
was charged with
attempted escape after
trying to flee Court Six
on Wednesday.
He had appeared
before Magistrate Ancel-
la Evans-Williams to be
arraigned for causing


Travolta


trial outburst


By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net
LOUDMOUTH politician
Picewell Forbes left court a free
man yesterday after being told
his Travolta trial outburst had
made him the worldwide object
of ridicule.
Senior Justice Anita Allen
decided not to punish Forbes
because she was satisfied he
had also been sufficiently pun-
ished by means of national and
international condemnation.
The Member of Parliament
for South Andros appeared
before her in Saffrey Square,
Nassau, to argue why he should
not be held in contempt of
court following his outburst at
the Progressive Liberal Party
(PLP) convention that former
Senator Pleasant Bridgewater
had been acquitted of all
charges in the John Travolta
attempted extortion case.
He called out to the packed
hall at the Wyndham resort on
Cable Beach: "Pleasant is a free
woman PLPs! God is good
PLPs! Pleasant is a free
woman! God still reigns PLPs!"


PLP MP for South Andros
Picewell Forbes leaves court
yesterday.
This was broadcast on live
television and radio while the
jury was still in deliberations
on Wednesday October 21,
prompting Senior Justice Allen
to declare a mistrial at the end
SEE page seven


THE RESIDENTS OF BLAIR are known for putting on spectacular garden displays during holidays throughout the year and Halloween is no
different. Pictured above is Angela Bethel's yard - decorated by Lavington Bullard - which features a lavish, spooky light display with this lit-
tle witch scarecrow holding its own in the foreground. Halloween takes place on Saturday. * SEE PAGE THREE FOR MORE


By AVA TURNQUEST
THE National Training
Programme's bid to offer
jobs hope to laid-off tourism
industry workers has been
deemed a well-run initiative.
The high praise has come
from International Labour
Organisation representatives
who have completed their
assessment of the pro-
gramme.
The ILO had been closely
monitoring its development


and has commended The
Bahamas on the ground-
breaking initiative by send-
ing two specialists in
Employer's Activities and
Skills and Employability to
provide observations and
suggestions for further
improvement.
Luesette Howell and Dr
Hassan Ndahi, both senior
specialists, reviewed the pro-
gramme, holding discussions
with stakeholders and visited
both of the training insti-


tutes, the College of the
Bahamas and the Bahamas
Technical and Vocational
Institute.
They noted that the mis-
sion was very well organised
and highly productive, and
referred to the training pro-
gramme as timely in its
response to the crisis of clo-
sures in the tourism sector
which was where 80 per cent
of programme registrants
SEE page eight


'Suspicious death'

on Exuma under

investigation
A TEAM of detectives have been
dispatched to Exuma to investigate
what officials have called a "suspi-
cious death".
The body of a man was found on
board a 17ft speedboat in the area
of BarraTerre yesterday around 5pm.
While police say they have not dis-
covered any wounds on the body,
they are still investigating the matter
before any conclusions can be drawn.


Mo ntague

i eg Village Road Near Shirley Street
b /an.. . .Tel: 394-0323/5 OR 394-1377


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


Praise for programme helping

laid-off tourism industry workers


I


THF Ill AIR WITrH PRf) IFrl






PAGELOCAL 2,WS FRIDAYIOCTOBER30,2009THE B


Junkanoo Corporation

takes over control of

parade ticket contracts


THE Junkanoo Corpora-
tion of New Providence has
signed a five-year contract
with Carib Tickets for the
sale of annual festival tickets,
it was announced yesterday.
Minister of State for Cul-
ture Charles Maynard said
the government has also for-
malised its agreement with
the Junkanoo Corporation
for the management of the
Boxing and New Year's Day
parades.
"This is the third season
that we have been in this
agreement to share respon-
sibilities," said Mr Maynard.
"This would be the first year,
however, that one of the
responsibilities - that of
securing a ticket agent and
paying for it - is being done
by the Junkanoo Corpora-
tion, so we are pleased to
see that the corporation is
gradually taking on more
responsibility and 'lighten-
ing' the load on the govern-
ment in terms of the amount
being expended from the
public purse for the
Junkanoo parades."
He said the agreement
would also provide the "con-
tinuity" that is essential for
the "proper flow" in ticket
sales.
"This agreement would
enable the company that has
been awarded the contract
to be more innovative with
some of the things they have
been doing and to bring
some continuity to the whole
programme so that every
year consumers will not have
to be subject to a different
pattern on how tickets are
sold," he explained.


Chairman of the JCNP
Leslie Johnson said the con-
tract matches well with the
government's decision to
sign a five-year agreement
with seating contractors.
"We thought it sensible to
sign a similar agreement
with the ticketing company
so that we could have those
two systems integrated and
patrons of the parades can
perhaps now buy season
tickets," said Mr Johnson.
During the contract sign-
ing the Junkanoo Corpora-
tion also presented Minister
Maynard with the financial
statements for the years end-
ing March 31, 2008 and
March 31, 2009.
"I am pleased to accept
these statements in order to
see how JCNP has managed
the revenues they have
received over the past cou-
ple of years," said Mr May-
nard.


Pastor calls for govt to



address CLICO situation


By AVA TURNQUEST
NEW Covenant Baptist
Church pastor Bishop Simeon
Hall is calling for more to be
done by the government to
address the "awkward and
demoralising" situation Clico
insurance policy holders find
themselves in.
Bishop Hall noted that
although Prime Minister
Hubert Ingraham encouraged
policy holders to continue to
make payments, they have


been given no assurances
about the security of their
policies and feel hopeless
about the situation.
As many as 35,000 policies
were thrown into doubt earli-
er this year when it was
revealed that the company
was headed into liquidation.
Though CLICO has contin-
ued to honour health insur-
ance claims, the concern cre-
ated by the disclosure of the
company's instability has
caused most doctors, hospi-


tals and pharmacies to refuse
cardholders the opportunity
to use their insurance when
purchasing supplies or ser-
vices, Bishop Hall said.
He also charged that as the
crisis developed on the watch
of both the PLP and FNM,
both sides should be doing
more to protect citizens from
an uncertain future.
The church will host a
meeting for all Clico policy
holders this Sunday Novem-
ber 1.


Skydiving birthday celebration


TO MARK the occasion
of her 50th birthday earlier
this month, Jane Lloyd ful-
filled a lifelong dream and
completed a 13,500 feet tan-
dem skydive in Zephryhills,
Florida.
In lieu of birthday gifts,
Jane asked her family to
make donations to charity
and, as a result, the Bahamas
Cancer Society, the Breathe
Easy Bahamas Campaign
and the Springhill Cancer
Hospice in the UK will all
benefit.
It was touch and go
whether the skydive would
actually go ahead since a bad
cold front came through
northern Florida on the
morning of Jane's birthday,
but the pilot decided there
was one window of opportu-


FREEFALLING to one [i:'i
ai 120 miie per nouu.


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nl1\ i mjiikcL ih luiiip nd.
Jcd plic hbick cloudd. Itlndci
ad Ill II11 ' 2 lI 1 tl J i iI d.ki J ic
111Jdc I 2 i5 il i 1ii p \\ II
lici iiiltcih Fi Eiile. \\ iiclcd
0i1K IhC'21KIIInd h\ jl1\0LhIN
RA mnd Chiii i L i. B\ IS-
\\ JIh11. \ NIIIn'2 l1,i 1Ihl 1 _K
JJIlc Iljdc Ih |tlil inI
1111Oi) of hc ilf tlhc alnd
mother in law, both lost to
cancer in the past few years.


Vi"


and her mother.


along with husband, Chris


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PAGE 2, FRIDAY, OCTOBER 30,2009


THE TRIBUNE







THE TRIBUNE FRIDAY, OCTOBER 30, 2009, PAGEEW3


The economic

downturn sees

rise in animal

shelter intake
By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net
FREEPORT - With the
downturn in the economy,
the Humane Society of
Grand Bahama has seen a
40 per cent spike in its
animal intake rate.
More than 1,400 pets
were surrendered to the
shelter during the first
nine months of 2009,
according to Tip Burrows,
executive director of the
Humane Society.
Ms Burrows thanked all
those helping the society
deal with the influx, espe-
cially the Grand Bahama
Port Authority (GBPA),
which donated a much-
needed cargo van.
"We are grateful for
this new van which will be
used for transporting and
picking up animals and
dealing with emergency
calls," she said.
However, she also not-
ed that donations from
the community have
declined significantly, and
that the shelter currently
faces financial shortfalls
of between $10,000 and
$15,000 every month.
Geneva Rutherford,
director of community
relations at the GBPA,
said the Humane Society
needs ongoing support
from corporate and pri-
vate citizens to provide
adequate care and atten-
tion to the animals at the
shelter.
She said the Grand
Bahama Port Authority is
pleased to extend a help-
ing hand to the Humane
Society, which has been in
existence since 1968.
"The Humane Society
has worked tirelessly to
provide food, shelter, and
a safe environment for
Grand Bahama's dis-
tressed animals," she
said.
The animal population
on Grand Bahamas has
grown over the past 40
years, and the shelter's
work has expanded out-
side of the Freeport area,
to the entire island.

Problem
"We now face a serious
pet over-population prob-
lem on Grand Bahama,"
said Ms Burrows. "In
2008, we picked up 1,298
animals, and our new
shelters have allowed us
to serve these animals
much better than at our
old shelter."
"Most of our expenses
are covered, but we still
find ourselves short every
month for pet food, clean-
ing supplies, and mainte-
nance of vehicles and oth-
er expenses," she said.
Ms Burrows noted that
financial support is also
needed to keep the spay
and neuter programme
going, and she is appeal-
ing to the public for help.
"The Port Authority
has been very generous;
they are our biggest sup-
porter and they can't fund
everything that we need,
and they shouldn't have
to. So we really hope the
rest of the community,
corporate, government
and private will step up
and assist us," she said.


Man arraigned

on unlawful

sex charge
A 30-YEAR-OLD man
was arraigned on an
unlawful sex charge in
Magistrate's Court yester-
day.
Lamar Quincy Smith, of
Palmetto Crest, New


Providence, was brought
before Chief Magistrate
Roger Gomez to face the
allegation that he had sex
with a person under 14.
It is alleged that Smith
committed the act on Sat-
urday, October 24, in New
Providence.
He was released on
$15,000 bail with two
sureties, and the case was
adjourned until March 10.


BUT president suspension deferred



pending the results of investigation


THE suspension of
Bahamas Union of Teachers
president Belinda Wilson has
been deferred pending the
results of an investigation by a
special appeals committee
appointed this week.
A statement issued by the
secretary general of the union
Stephen McPhee said this
decision was reached follow-
ing a general membership
meeting held at Walkers Hall
in accordance with Rule 10 of
the union's constitution, to
"hear and determine the pres-
ident's appeal of her pending
suspension".
"The secretary general
received a formal letter of
appeal from the president dat-
ed October 21. As the elec-
tion of the appeals commit-
tee involves the president, she
relinquished the chair to
Father Sebastian Campbell,
vice president, when the mat-
ter came up for discussion at
the meeting.
"Father Campbell accept-
ed nominations for eight per-
sons to fill the three positions
on the appeals committee.
The nomination of John Mus-
grove (George Town, Exu-
ma) in absentia was not
allowed. Members also
objected to the nomination of
persons who were seen on
television with the president
at her press conference on
October 19, however, the


Decision reached after general

membership meeting


chair overruled the objec-
tion," he explained.
An election by secret ballot
was then held and Mizaph
Munroe of Doris Johnson
High School, Paul Taylor of
RM Bailey High School and
Brenda Albury of RM Bailey
High School were elected.
Two weeks ago it was
revealed that Mrs Wilson
withdrew more than $65,000
from the union's pension fund
account to make payments to
outside entities.
Mr McPhee explained at a
press conference at the
union's headquarters last
week that the account is
exclusively for the payment
of members' pension benefits.
The president, he said, is
not authorised to remove
funds from the account for
any other reason, and is also
prohibited from spending
more than $2,500 without
approval from the committee
according to the union's con-
stitution.
It was also claimed that the
day before Mrs Wilson with-
drew the money from the
account, she took part in a
committee meeting but failed
to raise the matter.


The union president claims
she had to hurriedly pay util-
ity bills and withdraw funds
to pay for seven committee
members to attend a
Caribbean Union of Teach-
ers conference in Grenada
before, but Mr McPhee said
there can be no justification
for withdrawing funds from
the account for any reason
other than making pension
payments.
"In accordance with Rule
10.2 of the constitution, the
appeals committee will hear
and determine the president's
appeal within 21 days or by
November 16. The secretary
general will facilitate and sup-
port the work of the appeals
committee. In the interim, the
suspension of the president is
deferred, pending the deci-
sion of the appeals commit-
tee," he said.
"It is hoped that the
appeals committee will be
objective and impartial as
members are very concerned
over the fact that all three
members attended the presi-
dent's press conference which
was held on Monday October
19 to address her suspension.
However, it is important to


FOR 3.IN I W. SE. V -



F :7 u c


note that in accordance with
Rule 10 of the Union's con-
stitution, the president or the
executive committee can
appeal the decision of the


appeals committee to the 63rd
annual general meeting which
will be held in June 2010. The
decision of the annual gener-
al meeting shall be final."


ALuealSpice


Ifor
Rogr Crro


will be held at

St. Francis Cathedral
on

West Street

at 3pm
on
Saturday, October 31

Instead of flowers those who wish may make
dConations in his memory to either the Breathe
Easy campaign or St. Martin's Convent. For
the Breathe Easy campaign cheques may be
sent to Ms Michelle Rassin (tel, 302-4707),
Doctors Hospital, P.O. Box N972. Or donations
can be sent to St. Martin's Convent,
Nassau Street, P.O. Box 940.


380-FLIX
Use your &-catd to iteserve tickets at 380-3549 or visit US at
wwwbulmwnu slovipl. oxg


ITDISCS TRE NTIS PAG LOG N0TO WW.TIBUE22CO0


FRIDAY, OCTOBER 30,2009, PAGE 3


THE TRIBUNE







PAGE 4, FRIDAYOCATOBERS 30, 2009 THETOR TRI


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

TELEPHONES
Switchboard (News, Circulation and A, c, tiinn') 322-1986
Ad c,' iiing Manager - (242) 502-2352

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


More schools, not troops


DISPATCHING more troops to
Afghanistan would be a monumental bet and
probably a bad one, most likely a waste of
lives and resources that might simply empow-
er the Taliban. In particular, one of the most
compelling arguments against more troops
rests on this stunning trade-off: For the cost of
a single additional soldier stationed in
Afghanistan for one year, we could build
roughly 20 schools there.
It's hard to do the calculation precisely,
but for the cost of 40,000 troops over a few
years - well, we could just about turn every
Afghan into a Ph.D. The hawks respond: It's
naive to think that you can sprinkle a bit of
education on a war-torn society. It's impos-
sible to build schools now because the Taliban
will blow them up.
In fact, it's still quite possible to operate
schools in Afghanistan - particularly when
there's a strong "buy-in" from the local com-
munity.
Greg Mortenson, author of "Three Cups of
Tea," has now built 39 schools in Afghanistan
and 92 in Pakistan - and not one has been
burned down or closed. The aid organiza-
tion CARE has 295 schools educating 50,000
girls in Afghanistan, and not a single one has
been closed or burned by the Taliban. The
Afghan Institute of Learning, another aid
group, has 32 schools in Afghanistan and
Pakistan, with none closed by the Taliban
(although local communities have temporar-
ily suspended three for security reasons).
In short, there is still vast scope for greater
investment in education, health and agricul-
ture in Afghanistan. These are extraordinar-
ily cheap and have a better record at stabi-
lizing societies than military solutions, which,
in fact, have a pretty dismal record. In
Afghanistan, for example, we have already
increased our troop presence by 40,000 troops
since the beginning of last year, yet the result
has not been the promised stability but only
more casualties and a strengthened insur-
gency. If the last surge of 40,000 troops didn't
help, why will the next one be so different?
Matthew P. Hoh, an American military
veteran who was the top civilian officer in
Zabul province, resigned over Afghan policy,
as The Washington Post reported this week.
Hoh argues that our military presence is feed-
ing the insurgency, not quelling it.
Already our troops have created a backlash
with Kabul University students this week
burning President Barack Obama in effigy
until police dispersed them with gunshots.
The heavier our military footprint, the more
resentment - and perhaps the more legiti-
macy for the Taliban.


B (ibat ok
ahmas
I *.rfi-hir I 'I~ r.ilrM1,jL-Jir) # ift1*rJoerit,
Ci smrowd 1,. UL'J F~dd


Schools are not a quick fix or silver bullet
any more than troops are. But we have abun-
dant evidence that they can, over time, trans-
form countries, and in the area near
Afghanistan there's a nice natural experi-
ment in the comparative power of educa-
tional versus military tools.
Since 9/11, the United States has spent $15
billion in Pakistan, mostly on military sup-
port, and today Pakistan is more unstable
than ever. In contrast, Bangladesh, which
until 1971 was a part of Pakistan, has focused
on education in a way that Pakistan never
did. Bangladesh now has more girls in high
school than boys. (In contrast, only 3 per-
cent of Pakistani women in the tribal areas are
literate.)
Those educated Bangladeshi women joined
the labor force, laying the foundation for a
garment industry and working in civil society
groups like BRAC and Grameen Bank. That
led to a virtuous spiral of development, jobs,
lower birth rates, education and stability.
That's one reason al-Qaida is holed up in
Pakistan, not in Bangladesh, and it's a
reminder that education can transform soci-
eties.
When I travel in Pakistan, I see evidence
that one group - Islamic extremists -
believes in the transformative power of edu-
cation. They pay for madrassas that provide
free schooling and often free meals for stu-
dents. They then offer scholarships for the
best pupils to study abroad in Wahhabi
madrassas before returning to become lead-
ers of their communities. What I don't see on
my trips is similar numbers of American-
backed schools. It breaks my heart that we
don't invest in schools as much as medieval,
misogynist extremists.
For roughly the same cost as stationing
40,000 troops in Afghanistan for one year,
we could educate the great majority of the 75
million children worldwide who, according
to UNICEF, are not getting even a primary
education. We won't turn them into graduate
students, but we can help them achieve liter-
acy. Such a vast global education campaign
would reduce poverty, cut birth rates, improve
America's image in the world, promote sta-
bility and chip away at extremism.
Education isn't a panacea, and no policy in
Afghanistan is a sure bet. But all in all, the
evidence suggests that education can help
foster a virtuous cycle that promotes stabili-
ty and moderation. So instead of sending
40,000 troops more to Afghanistan, how
about opening 40,000 schools?
(This article is by Nicholas D Kristof
c.2009 New York Times News Service)


EDITOR, The Tribune.

FINALLY a truthful
headline on what life is like
in "Paradise". "Bloody Sun-
day", I believe was the head-
line? Should have been
"Bloody Year" or "Bloodily
Crime in 2009".
What is it going to take
for this government to wake
up? Five murders a day, 25
murders, 100? One liberal
minister after another plead-
ing rehab and understand-
ing for the verminous thug
compounded with liberal
criminal defence attorneys
defending these sub-human
beings on the basis of a tech-
nicality. I'm certainly ecsta-
tic that the Minister of
National Security has con-
vinced himself that the
majority of these horren-
dous crimes are drug and
gang related. I'm sure that
relieved the fears of the
Bahamas air pilot and the
Burger King Manager just
seconds before they pleaded
for their lives while being
stabbed and shot to death
for no apparent reason. Fur-
thermore who gives a damn
on the statistics on why peo-
ple are being murdered on a
daily basis!? Just eliminate
the cold murderous bums
out of what was once a
peaceful society. And I'm
sick of the deterrent argu-
ment. Quite frankly I could
care less if it is a deterrent,
just eliminate the bum and
trust me eventually the elim-
ination of the scum, one by
one, will eventually free us
from the bondage of bars,
walls, barb wire, loss of
loved ones, etc. Can anyone
in this nation ever imagine
living fearless for a night in
this backwards ghetto?
Keep it up Bahamas Gov-
ernment, see if we can hit
the 100 count by years end!
One moronic speech after
another with zero substance
and sub-zero action. You,
Minister of National Secu-
rity, preached nearly a
month ago about imple-
menting capital punishment.
Nearly four weeks later, not
one ounce of justice for the
Bahamian people. Eliminate
these thugs NOW! Mr Min-
ister! Perhaps the Bahamian
public might take you seri-
ously and you might have a
shot at your dream of being
Prime Minister, because as it
stands today, I have a better
chance at PM than you do.
This office can't even con-
trol the boat thefts on a dai-
ly basis in Nassau Harbour.
And don't give me the Privy


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Council argument. All past
governments decide what to
implement and what to
ignore in regards to the
Privy Council, does D'Arcy
Ryan et al ring a bell? The
current administration
seems hell bent on coming
into my bedroom to deter-
mine whether or not I'm
committing a crime, surely
they can control the con-
stant crime on the street that
they know is transpiring on a
daily basis on innocent citi-
zens and visitors?
My fellow Bahamians, this
administration from the top
down has made it clear that
punishment should not fit
the crime. If the leader of
our great nation doesn't
believe in justice then my
friends there are only two
options on the table:
1) A formidable third par-
ty (with limited lawyers)
whose candidates have par-
allel views such as our own
(and believe me, this is clos-
er now than ever to fruition)
or
2) The law now has to be
taken out of the hands of
the empty suits in Parlia-


ment and enforced by the
remaining law-abiding citi-
zens of the Bahamas. While
this sounds like anarchy, is
there another choice at this
point?
I will reiterate my offer
one last time to the current
government as I did several
months ago. I will contribute
$5,000 to the public treasury
for every person currently
on death row who is elimi-
nated from our society.
There is only one catch...I
personally have to perform
the execution. This way, I'll
know if the sewerage of our
nation is ' Ilihcd ' away like
all waste should be. Believe
me numerous, mothers, sis-
ters, fathers have pledged
countless dollars to my pro-
posed pledge to the
Bahamas Government, so
believe me the Public Trea-
sury will be compensated. I
may go bankrupt, but surely
this is a small price to pay
for our security?
Think about it, my fellow
Bahamians, are you really
comfortable with these jok-
ers protecting your family?


CHRISTOPHER
ARMALY
Nassau,
September 21, 2009.


GB cruise port,


immigration and


West Bay St traffic

EDITOR, The Tribune.

NEW CRUISE PORT for Grand Bahama - I checked
and double checked and I am reliably advised that
Freeport Harbour Company, one of the Huchinson-
Whampao Companies has the "exclusive rights" within
the Grand Bahama Port Zone to all harbours so pre-
cisely how and why is the Office of the Prime Minister
compulsorily acquiring property in or around Williams
Town for the purpose of the cruise port?
Can we have some transparency please?
Immigration and owed work permit fees and the new
civilian vigilante patrols - someone in National Security
has to explain why we acquired what we were told was
to be a state-of-the art surveillance aircraft which
would reduce considerably and stop what was and con-
tinues to be a free passage through our waters of Hait-
ian sailing sloops carrying illegal immigrants? Now the
minister and his able director are organising vigilante
immigration watch groups when we need urgently more
and more crime watch groups to safeguard our single
mothers and our homes from the growing daily serious
crime but again the minister thinks this is incredibly
positive.
Minister: no recent minister has had it right except
for Hon Loftus Roker and anyway just how can we
accept that a sailing sloop reliant on God's wind can
sail into our territorial waters without any challenge all
the way to under the Minister of National Security's
office window and no one sees?
Possibly Minister Branville McCartney will have bon-
fires installed at suitable locales which would be lit as
soon as an approaching sloop is seen to mobilize the
militia!
Just why can't these people at Immigration see is
totally beyond me. Possibly what has been alleged for
years is correct.
Traffic on West Bay Street and the new road through
Vista Marina - an observation which defies sense of
the civil engineers who designed the roundabout pro-
posed for Saunders Beach and Bethel Avenue - all
traffic coming from ones right side has the right of
way.... Look at this roundabout and throw your arms in
the air and conclude this has to be so darn stupid as it
will create the biggest traffic snarl in Nassau as the traf-
fic coming onto West Bay off Bethel Avenue is going
to have to wait for the west-bound West Bay traffic to
clear before it can enter West Bay Street. Then look at
the billboard designs of the parking area for Saunders
Beach - great we will have it now more organized but
imagine the traffic on a holiday entering and exiting
the beach side onto the roundabout, in the middle of
the roundabout? Surely this should be a 'T' junction
with Traffic Lights ?
Oh, yes, Arawak Cay has slipped from the headlines
but I notice the long plume on the north side of the
Cay extends now daily when they are dredging as far as
AI Collie's Cay some half mile. Surely it had to be the
requirement to install the steel piling first before
pumping the dredged materials?
Work on corridor Oakes Field to West Bay... Bethel
Avenue....Someone had better ask those Argentinian
contractors do they understand we would like this road
finished sometime soon - at the rate they are going it
will be months behind schedule and with massive over-
runs (costs).
Cable Bahamas programmes - is it only me but have
you noticed that suddenly most of the channels on
cable have been changed and now we are provided with
mostly California Cable channels? I notice also many
mornings the South Florida stations are not available
- it would help if you pay TV direct subscription.

ABRAHAM MOSS
Nassau,
September 11, 2009.


Liberalism and





criminal rights


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PAGE 4, FRIDAY, OCTOBER 30,2009


THE TRIBUNE






THE TRIBUNE F^oRIDYOCTBELR30,2009,PAGE5


AS PART of the vector control effort an airboat with a chemical treat-
ment system sprays the chemical control agents Fluridone and
Chelated Copper in the air to reduce aquatic weeds widgeon grass and
musk grass.


Mosquito breeding

grounds tackled in bid to

stop Malaria outbreak

THE Department of Envi-
ronmental Health Services is
working eradicate the breed- (. ,
ing grounds of mosquitoes in
Exuma in an attempt to avoid I
the outbreaks of Malaria of the
last two years.
The department, which
comes under the Ministry of
the Environment, has found
that as of September 2009,
there are no cases of Malaria
on that island.
However, five cases of the
disease were reported in 2007, -
and the number rose to 12 in -
2008.
"If you go by the epidemio- -
logical definition, I would call it '.
an outbreak," said Andrew
Thompson, DEHS assistant WIDGEON GRASS is algae
director. found in three ponds in Exuma,
"When you have zero cases and is an example of a barrier
and then you have cases, in harbouring mosquito larvae.
simple terms, that is really an
outbreak. If you have a record of having 10 cases and you
continue to have that amount, then you have cases. Anything
above what you ever had, simply put, is an outbreak."
During its epidemiological investigation, the department
found that the mosquito breeding grounds and Malaria cas-
es were contained to one particular area in Georgetown,
Exuma, Mr Thompson explained.
To prevent a further outbreak of the disease anywhere in
the country, the Ministry of the Environment is planning to
provide a chemical spraying airboat to each island to control
mosquito populations.
Malaria control efforts began on August 31, with the gov-
ernment signing a training contract with Aqua Services, a US
company from Alabama, for $55,421.
"We tried to get persons locally to address the aquatic
weed problem and even dealt with the Ministry of Agriculture
to see how they could best assist us," Mr Thompson said.
"However, we had to go to the point of outsourcing the
work to someone with the information at a cost."
By reducing aquatic weeds in Coopers Yard, Man Camp,
and St Theresa's Pond in Georgetown, Exuma, DEHS report-
ed that has been successful the mosquito population.
"Aqua Services, Inc presented a proposal for chemical
treatment. We chose it over physical removal, which seems
more environmentally friendly, but not cost effective," Mr
Thompson said. "The algae growth would come right back
because the seeds are still there."
Biological control agents, such as Grass Carp fish, were
shipped in and acclimatised before they were placed in the
ponds.
These sterilised fish were brought in to eat the algae, and
not to breed and introduce another fish species in Bahamian
waters."

Bahamas signs tax information

exchange agreement with UK


THE Bahamas and the
United Kingdom signed a tax
information exchange agree-
ment at the Ministry of
Finance on Thursday.
"This signing of this TIEA
is another step towards the
government of the Bahamas
fulfilling its commitment to
the evolved international stan-
dards of transparency and
information exchange," said
Minister of State for Finance
Zhivago Laing.
This TIEA is the fourth
completed by the government
and the second concluded
with a major OECD country.
"It is particularly meaning-
ful to the Bahamas and we
think befitting, that this agree-
ment is with a Commonwealth


PLP's youth arm backs




new leadership choices

THE PLP's youth arm said that despite
allegations to the contrary, it fully sup-
ports the leadership choices made at the
party's 51st national convention.
Last week, the FNM's youth group the
Torchbearers said it understands and sup-
ports the frustration felt by members of
the Progressive Young Liberals after vet-
eran politicians Perry Christie and Bradley
Roberts were voted party leader and
chairman respectively.
However in a statement issued yester-
day, Young Liberals chairman Aarone .
Sargent and vice chairman De'Angelo
Whyms, said they are not discouraged
that younger leaders were not chosen. In
fact, they said, they support the new lead-
ership team "100 per cent".
"We are optimistic that within the very
near future, a viable candidate will emerge
as the next leader of party.
"We are in a transitional state and ourCyh
training grounds are healthy as persons
are being prepared to contest for the lead- sion in the party. NGC, to party officials, the PLP has done
ership of our great party. "We are eager and willing to learn all it.
"In actuality, we are impressed to see that we can and lend a helping hand in "Who amongst Hubert Ingraham's pup-
that the youth are actually the 'backbone' securing the future of young Bahamians pets has a voice? ... The answer is simple.
of this great political party," the release and we challenge the FNM and Torch- "There is none. That is why I urge my
read. bearers to seek to find that same depth fellow youths and Bahamians alike to ask
Stating that the PLP's new administra- within their own organisation. yourself this simple question: Do you want
tion is "brimming with youth and energy", "It is clear the PLP realises that it needs a vision, or do you want to remain volun-
the PYL said that they are encouraged to include youth at every level. Conven- tarily blind to the fact that this country
and indeed "joyous" over the fact that tion addressed these issues the youth arm cannot and will not progress without cor-
they have so many "qualified, capable, now has a bigger voice, there is a huge lev- rect and inspired leadership? That lead-
and willing" individuals of vision and pas- el of youth inclusion at every level- from ership is the PLP."


country with which the
Bahamas has long-standing
historic and economic ties.
"As the Bahamas and the
United Kingdom adjust to the
ever-changing global financial
and economic landscape, we
look forward to co-operation
with the United Kingdom in
this and other areas and to a
continued robust and amiable
relationship between our two
countries," Mr Laing said.


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FRIDAY, OCTOBER 30,2009, PAGE 5


THE TRIBUNE









Outstanding Youth





Recognition Awards -


ONCE again this year,
National Youth Month is
being celebrated across the
length and breadth of the
Bahamas this month.
On Friday, October 16, the
Youth Recognition Awards
Ceremony showcased the
"cream of the crop" of our
youth, with awards present-
ed to the following nominees
and winners (w):

PACE SETTER AWARD
Awarded to young people
who have demonstrated com-
mitment, courage and vigour
in achieving excellence in:
business, education, religion,


sports, community service, or
creative arts.

Religion
Shanika E Pinder - New
Providence (NP)
Vincent Charles McDon-
ald Jr - NP
Lincoln Deal Jr - NP
Dave Thomas - Eleuthera

Education
Shantara Davis - NP
Crystal Alexander - NP
Clifford Adderley - NP
Amerika Missick -
Eleuthera
Genymphas Higgs -
Grand Bahama


Creative Arts
Victor Johnson - NP
Shreika Beckford - NP
Vincent McDonald Jr
- NP
Javan Ward - Eleuthera
Alisha Fowler - Long
Island
Nathaniel Adams - NP

Sport
Brian Beckford - NP
Commando Knowles -
Eleuthera
Ariana Vanderpool-Wal-
lace - Eleuthera
Carlos Pratt - Lond Island


An entrepreneurial spirit, original thinking, and a passion to succeed.
If you have it, we want you.

We are growing!
Fidelity Bank invites applications for the position of:


- SYSTEM ADMINISTRATOR -


PROFILE:
* BS degree in Computer Science, Information systems, or related specialty or equivalent
experience/training
* 2+ years experience in application support in a financial institution
* Must have an understanding of general business principles, and how to translate business needs
into quality technical solutions
* A genuine focus on internal customer satisfaction and a positive, friendly demeanor is required.
* Functional experience with databases, SQL scripting, or other programming experience
* Knowledge of IIS configuration and management
* Experience with ASP, HTML, and .NET applications preferred
* Experience with AS/400 applications an advantage
* Strong organization and prioritization skills
* Strong customer service experience preferred
* Must be able to work both independently and as a valued member of a team
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* Troubleshoot applications to resolve technical related issues including application and data
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* Develops, maintains, and executes testing plans for applications including initial
implementations, enhancements, or upgrades.
* Administer support requests and participates in developing, supporting, and meeting
department Service Level Agreements (SLA).
* Install and deploy SQL databases, create backup plans, test disaster recovery scenarios, and
administer security
* Document processes and help design improvements
* Communicate clearly and professionally with internal customers including technical and
non-technical staff, management, and vendors


HUMAN RESOURCES


PLEASE SUBMIT BEFORE
October 31st, 2009 to:
Only persons shortlisted
will be contacted


Re: System Administrator, 51 Frederick Street
P.O. Box N-4853I Nassau I F: 328.1108
careers@fidelitybahamas.com


ABSOLUTELY NO
PHONE CALLS


A competitive compensation package will be commensurate
with relevant experience and qualification.


Community Service Junior Achievement
Kevin Palmer Bahamas
Herman Kemp Jr Hatchet Bay Dinner Band -
Eleuthera
Business West Grand Bahama Youth
Sharell DV Ferguson Development Association -
Lashanta Smith GB
Legend Band - GB


YOUTH PRIZE AWARD
For young persons who
have "made a way out of no
way". The recipient of this
award has demonstrated that
you can succeed if you have a
strong enough desire to do so.
Javan Ward - Eleuthera
Lashanta Smith - NP
Tyrina Neeley - NP

YOUTH ORGANISATION
AWARD
For youth organizations,
which have distinguished
themselves by equipping
young people with skills need-
ed to excel in adulthood
Synergy Soldiers for Christ
Royal Bahamas Police
Cadets


OUTSTANDING YOUTH
LEADER
For community leaders who
have gone above and beyond
the call of duty for the cause
of youth development for
more than 10 years.
Tiffany Hall - Anglican Dio-
cese
George Manson - NP
Reginald Elden - NP
Charles Johnson - New
Dimension Church

OUTSTANDING YOUTH
BAND DIRECTOR
For outstanding perfor-
mances and years of service
to their band and the com-
munity


Selvin Adderley - NP
Dereck Stubbs - GB

YOUTH BAND AWARD
Recognises youth bands for
excellent service to the com-
munity and development of
young talent.
Hatchet Bay Band -
Eleuthera
Legend Band - GB
Royal Ambassadors Band -
NP

GOVERNOR GENERAL
YOUTH LEADER
AWARD
The highest honour a youth
leader in the Bahamas can
receive from the Ministry of
Youth, Sports and Culture,
presented bi-annually to an
outstanding individual who
has worked in the trenches
for many years, and who has
helped develop their commu-
nity through their innovation
and creativity.

SEE page 12


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The Ministers and Members of The Church of
God of Prophecy East Street Tabernacle
Cordially invite you to the

6th Annual Friends &

Neighbours Day

on
Sunday November 1st, 2009 at 11:30 am under the theme
"By My Spirit Saith The Lord"
Dynamic Guest Speaker
Bishop Franklin M. Ferguson - Senior Pastor

Dress Cod?: Casual



Sunday Evening Worship; 6;30pm
(Southern Parking Lot)


h d


PAGE 6, FRIDAY, OCTOBER 30,2009


THE TRIBUNE







THE TRIBUNE FRIDAY, OCTOBER 30, 2009, PAGEEW7


FROM page one

of the five-week hearing.
Forbes was called to her
court last Friday facing con-
tempt of court.
He then issued a public apol-
ogy through the media on
Tuesday and which was read
this before the court yesterday.
Flanked by two of his three
attorneys, Wayne Munroe and
Alfred Sears, in Anthony McK-
inney's absence, Forbes reiter-
ated his unequivocal and
unqualified apology to Senior
Justice Allen, the entire judi-
ciary and the Bahamian peo-
ple.
He said: "My statements
were reckless and interfered
with the course of justice in the
case and were further capable
of bringing into disrepute the
whole administration of justice.
"I take sole responsibility for
my statements."
Mr Munroe asked Senior
Justice Allen to consider
Forbes' public apology, carried
in national and international
Press including the BBC World
Service, as well as the PLP's
public apology and the vilifi-
cation of Forbes in the media
following his outburst.
Mr Munroe said: "There has
been no reasonable charge that
suggests anything untoward in
the administration of justice in
the Bahamas.
"The coverage has focused
on the vilification of Mr
Forbes.
"It was reckless, not inten-
tional, and the fruits of it have
been upon Mr Forbes and not
upon the administration of jus-
tice.
"It's a matter that has affect-
ed him and will continue to
affect him."
Prosecuting attorney
Bernard Turner reminded
Senior Justice Allen how the
comments may have impacted
and resulted in the vilification
of the entire administration of
justice in the country, in addi-
tion to wasting five weeks of
court time and incurring high
costs.
However, the judge decided
against imposing the severe
punishment of a jail sentence
or hefty fine she had consid-
ered.


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Picewell: 'Ridicule is your punishment'


PICEWELL FORBES leaves
court yesterday.
Tim Clarke/Tribune staff
Senior Justice Allen took
into account Forbes' apology
and the immediate and unqual-
ified apology issued by the PLP
that evening as well as the
spontaneity of the announce-
ment made as he may have
been carried away by the
euphoria of the crowd.
Before discharging Forbes
with a reprimand, Senior Jus-
tice Allen said: "You have
been severely condemned and
rightly ridiculed across this
nation and the world and I
believe you have suffered
greatly.
"In the circumstances I find
that you have purged your con-
tempt and I am satisfied that
you have been sufficiently pun-
ished. I will temper justice with
mercy and discharge you with
this reprimand."
In the reprimand she also
stated: "Your actions show a
dangerous lack of appreciation
on your part of the need to
uphold and protect the sanctity
and integrity of our system of
justice.
"We all have the responsi-
bility to ensure that the dispen-
sation of justice is fair, trans-
parent and uncompromised.


FROM page one

grievous harm to Derek Russell, in Baillou Hill
Road, on Thursday, October 22.
Clarke, who had previously been arraigned
for another grievous harm charge at the same
court and released on bail, was waiting for his
case to be heard when the court broke for a
lunchtime recess.
He then made a dash for the door when the
magistrate called for him to be remanded in cus-
tody.
But the police grabbed him and he was charged
with attempted escape.
His case was transferred to Chief Magistrate
Roger Gomez in Court One, Bank Lane, and
Clarke was held overnight at the Central Police
Station.
Mr Gomez arraigned Clarke on the attempted
escape charge and the grievous harm charge on
Wednesday afternoon.
After hearing pleas from his mother, Mr


"By your conduct on that
fateful evening, you failed in
this responsibility and I send
this clarion warning to you and
other members of this society,
that the course of justice must
not be either deliberately or
unintentionally interfered with
for any purpose and in any cir-
cumstances whatsoever."
Senior Justice Allen quoted
Justice Cobb in the 1976 case
of R vs Owen when she said:
"The quality of justice must be
as perfect as mankind can
make it and no attempt to cor-
rupt or compromise it will be
countenanced by the courts.
"With that I say go and sin
no more!"
Holding his hands behind his
back, Forbes leaned forward,
his head bowed in gratitude as
he was discharged.
He had been informed by
Senior Justice Allen that his
actions had grave consequences
for the administration of jus-
tice as they imperilled the
integrity of the jury's delibera-
tions, the rights of the accused
to a fair trial and the right of
the complainant to justice in
an uncompromised and trans-
parent system.
The consequences were
exacerbated by the fact Forbes
is an attorney expected to act
with temperance, propriety of
conduct and to ensure accuracy
of information.
And the fact he is a legislator
of Parliament whose action had
a national and international
audience regarding a case of
great notoriety involving a for-
mer Member of Parliament, an
ambulance driver and widely
acclaimed actor John Travolta
which had to be aborted at a
great cost to the accused, the
complainant and the Bahamian
tax payer.
After leaving the court
Forbes issued a public state-
ment again calling on God.
He said: "I wish to say
thanks to Almighty God for his
Justice and Mercy in these try-
ing circumstances.
"I am pleased and satisfied
with the outcome.
"My apology speaks for


Man charged
Gomez ordered for Clarke to be remanded at
Sandilands Rehabilitation Centre for 30 days.
He appeared in Court One again yesterday to
receive a warrant for admission to the rehabili-
tation centre, and called out to Mr Gomez for
mercy as his mother looked on.
When the Chief Magistrate told Clarke his
mother had said he needs help, Clarke replied: "I
is the one who helps her. I do deep meditation
and I don't cause her problems. I am a young
man, I need to have the rights. I am just being
real. I didn't really do nothing. I'm trying to get
on with life because I'm 24."
His mother replied: "I just want you to get
help because that's all I want you to get."
Clarke, of Hospital Lane, Nassau, was led out
of the court room to be taken to Sandilands
Rehabilitation Centre in Fox Hill, and will return
to court in 30 days.


Time


itself. It is left only for me that
thank the court, Senior Justice
Anita Allen for accepting my
sincere apology.
"I thank all my family, my
constituents, and Bahamians


generally for their prayers and
best wishes.
"I thank my attorneys
Anthony McKinney, Alfred
Sears, Wayne Munroe and my
Parliamentary colleagues Philip


'Brave' Davis and Fred
Mitchell for their kind assis-
tance.
"My life will continue from
here on to be informed by
these events."


Tel:393-3727
Fax: 393-8951
P.O.Box SS-5288
Nassau, Bahamas


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A-
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. . ........


FRIDAY, OCTOBER 30,2009, PAGE 7


THE TRIBUNE


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PAGE 8, FRIDAY, OCTOBER 30, 2009 THE TRIBUNE


Legal Notice
NOTICE
KOPENHAGEN INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
ZEMPHIB VALLEY INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
YELLO HONDO HOLDINGS LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE
ERFRA HOLDING LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE
STRONG BARK VALLEY INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced


I LOC~*ALNW


FROM page one

were from.
Tabulated data revealed that
approximately 70 per cent of the
participants are women, with the
bulk of trainees involved in com-
puter applications, nail techni-
cians, Quickbooks and account-
ing.
Observations also included:
"Trainees are highly motivated
in their new training experience.
Many students are being trained
in disciplines different to the pre-
vious jobs from which they were
laid off."
Based on their findings, they
compiled a report outlining 12
concerns and recommendations
they feel will mature the pro-
gramme so that it can further
develop and continue to meet
the expectations of its partners as
well as students.
They defined the areas of con-
cern to be enterprise develop-


Praise for programme

to help laid-off tourism

industry workers


ment, labour market informa-
tion systems and public educa-
tion.
The specialists charged that
there must be a consistent col-
laborative effort among stake-
holders and suggested that vari-
ous partners and their proposed
contributions be identified so
that strategic alliances are estab-
lished for a "win-win situation".
Another concern raised was
that there was no focal point or
liason to help market the pro-
gramme and connect with indus-
try leaders to meet the pro-
gramme requirements.
To assist this process, the spe-
cialists suggested that a place-


Legal Notice
NOTICE
CHEUVREUX INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
ACHILLEA BUSINESS CORP.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
ROAMB SLOPES INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)



Legal Notice
NOTICE
BAYSIDE GROUP INVESTMENTS LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)


ment coordinator be appointed
and also included a detailed job
description with responsibilities
of the position.
Stating that the programme
cannot be "one-size-fits all"
because the employment oppor-
tunities were correlated to the
industries operating in Nassau
and Freeport, the report sug-
gested the NTP be restructured
to suit the conditions in each
island, with training institutions
utilising educational brakground
already collected to adapt pro-
grammes to individual needs.
The report also commented
on the high licensing fees in
Freeport, which they feel would
discourage small, medium and
micro businesses who do not
have direct access to capital-
highlighting the need to review
regulations and requirements of
existing institutions such as
BAIC and Bahamas Develop-
ment Bank.
Other reccomendations
included using the media to
advance the work of the pro-
gramme, implementing a moni-
toring and evaluation system,
and also maintaining a database
on labour market information
that will provide demographics
pertaining to skill sets, industry
sectors and employers.
In response to the thousands
of Bahamians left unemployed
in the wake of the global eco-
nomic crisis, the National Train-
ing Programme was initiated to
complement National Insurance
unemployment benefits and
sought to provide these citizens
with the opportunity to pursue
alternate careers in areas of need.
Participants were drawn from
those receiving unemployment
benefits and interviews were held
in August with representatives


from the Chamber of Com-
merce, the Christian Council,
unions and training institutions.
Classes began in September
with more than 700 students
enrolled, 477 in New Providence,
269 in Grand Bahama and five in
Exuma.
Courses length ranges from
six to ten weeks and areas
include but are not limited to
masonry, basic carpentry, weld-
ing, electrical, landscaping,
accounting, diesel mechanics and
computer applications.
Led by the Ministry of Labour
and Social Development, the
programme was created in con-
junction with the Bahamas Chris-
tian Council, the Bahamas
Chamber of Commerce, the
Bahamas Employers Confeder-
ation and trade unions.
In a press conference yester-
day, the Ministry of Labour and
Social Development expressed
their appreciation to those organ-
isations that partnered with the
Government, especially the Col-
lege of the Bahamas and the
Bahamas Technical and Voca-
tional Institute whose support
was vital to the implementation
of the programme.
The ministry also introduced
two added features, the intern-
ship component and self-starter
programme, which were to
greater facilitate student's return
to the work field.
Depending on interest, ability
and availability the internship
component will allow student's
work experience and job train-
ing. The ministry is actively seek-
ing the support of the business
community, with Bahamas Fast
Ferries accepting five interns.
The self-starter programme
will provide small grants to a
number of the participants who
can present viable business pro-
posals.
The National Training Pro-
gramme is the only one of its
kind in the region and the Inter-
national Labour Organisation
has pledged their continued assis-
tance with the necessary further
development.


Legal Notice
NOTICE
CAVALHO VALLEY INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
RORING VALLEY INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
APRESCINDERE INVESTMENT LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. O0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)


PAGE 8, FRIDAY, OCTOBER 30,2009


THE TRIBUNE






TRIBUNE SPORTS FRIDAY, OCTOBER 30, 2009, PAGERT9


Intruders defeat the COB Caribs


WITH two games
played in the New Provi-
dence Volleyball Associ-
ation, the first game saw
the National Fence
Intruders defeating the
College of the Bahamas
Caribs in three straight
sets 25-18, 25-20 and 25-
18.
Glen Rolle led the
Intruders with 13 points


and Ruel Williams had 22
excellent passes for the
win. Audison Beaubrun
had 12 points for the
Caribs in a losing effort.
In the feature game, the
Scotiabank Defenders
maintained their perfect
record by defeating the
Champions Club 25-22,
25-13 and 25-21.
Sherwaine Arthurs and


Ronald Duncombe led
Scotia with nine and eight
kills respectively. Maurice
Smith led the defense with
23 passes and eight digs.
In a losing effort Muller
Petit led all spikers with
11 kills for the Champions.
Games are scheduled to
continue Friday night at
the D W Davis Gymnasi-
um.


Amertil to be inducted into SLU Athletics Hall of Fame


FROM page 11
Chandra Sturrup and Debbie Ferguson-McKen-
zie will be honoured for their performance. Fer-
guson-McKenzie will also be recognized for her
performance in the 200.
"It's a big decision to make," said Amertil
about not attending the banquet in Louisiana.

FROM page 11
score another run for the Cougars in the third
with his two-out double, but he was left stranded.
But in the fourth, Charles W Saunders scored
their final run on Scavalla's RBI single.
The game ended with both teams turning in a
double play in the fifth.
After the game, Cougars' coach Brad Wood
said he was still pleased with his team.


"Having not attended the induction in April
because I had to compete at the Penn Relays, I
chose what was more important.
"It's understandable from the schools because
unfortunately, I can't have it both ways. So I'm
just going to come here and enjoy myself at the
national function." Amertil is scheduled to return
home today.

Saints beat Cougars
"We're in a rebuilding process," he said. "Some
of our players left to go off to school or they
went to other schools. So we had to start all over
again.
"But I was satisfied with the performance. We
got behind in the game early and we just decided
to play at the end. But I was still pleased."


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FRIDAY, OCTOBER 30,2009, PAGE 9




PAGE 10, FRIDAY, OCTOBER 30, 2009 TRIBUNE SPORTS








Can Denver go 7-0?


o-





IN THIS Oct. 19, 2009, file photo, Denver Broncos quarterback Kyle
Orton calls out at the line of scrimmage during the first half an NFL
football game against the San Diego Chargers in San Diego.


By RENALDO DORSETT
Sports Reporter
rdorsett@tribunemedia.net

THINGS we learned this
week:
-Miles Austin might be the
best mid season fantasy
league pickup of all time.
-With the right running
backs, the Wildcat should
become a staple in the NFL
for the next decade, its
already on Madden. It has
nothing left to prove.
-The Clippers are still the
Clippers. There's nothing
they can do about it, try as
they might, they're just the
Clippers.
-We have a long way to
go with the Laker frenzy.
They're in mid season form
with the constant annoying
badgering...and its only
October. Like I said we
have a long way to go.


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WEEK 8

DENVER BRONCOS
AT BALTIMORE RAVENS
* Clearly one of the most
baffling stories of 2009. I can't
think of one single thing that
has been more surprising or
impressive than these Bron-
cos. Either Josh McDaniel
was a severely underrated
coach, Kyle Orton is a severe-
ly underrated quarterback or
this team simply quit on Mike
Shannahan last season. One
thing is for certain, there is
going to be a made-for-tv Dis-
ney movie about this whole
thing. Something weird is
going on Colorado and we
may not know exactly what it
is until Michael Bay finishes
the screenplay. By the way, I
would cast Wood Harris as a
mercurial Brandon Marshall
and Shiea Lebeauf as Kyle
Orton. Who wouldn't watch
this movie? Ray Lewis...he's
an angry gentleman.
RAVENS over BRONCOS

MIAMI DOLPHINS
AT NEW YORK JETS
* I wasn't able to talk about
it until the following Wednes-
day. It was that vexing. There
was no search for rationaliza-
tion, there was no silver lin-
ing, just an empty feeling -
like a girl you sent a great
breezy hello message to on
Facebook responding with a
single word answer, then the
next time you saw her out she
doesn't even make eye con-
tact. It was that bad. Then I
realized, the only way it
would be tough for the Dol-
phins and their fans to get
over last week's meltdown is
if they actually expected to
be great team penciled in to
contend for a championship.
If they know that they were
an overachieving 9-7 team last
year and expected to do even
worse this year because of the
schedule... then they should
have gotten over it all by now.
If you do believe this team


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was made to contend, then
the 'Fins have reached a must
win situation. It's easy to
rationalize the loss to New
Orleans, but a loss this week
against Sanchez and Co.
might mean the Dolphins will
need a bigger excuse at the
end of the season to explain
why they aren't the repeating
AFC East champions.
DOLPHINS over JETS

ATLANTA FALCONS
AT NEW ORLEANS SAINTS
* They're penciled in for 40
points from the opening kick.
They came from 21 points
down to win on the road in
the only game they've trailed
all season. The 40 times of
their wideouts reads like a
resume for an Olympic
4x100m team. Their defense
has scored more touchdowns
than the offense of at least
three teams. Their quarter-
back has a Davy Jones hair-
cut, circa. an episode of Scoo-
by Doo-1968. Their running
back dates a Kardashian. The
other leading rusher is named
Pierre Thomas and you could-
n't convince me that's not the
name of a French spy mas-
querading as a cook. These
are your 2009-10 New
Orleans Saints, know them,
love them...they'll be here for
a while.
SAINTS over FALCONS

HOUSTON TEXANS
AT BUFFALO BILLS
* Dick Jauron is incapable
of coaching if people think his
team is going to win. This is
now the second year of his
with Buffalo that team has
been injury riddled, yet they
still hover around respectabil-
ity. Who knows what it is but
on the road they gave up 318
yards on the ground to the
Jets and won and gave up a
total of 425 yards to the Pan-
thers with only having a total
offensive output of 167 yards
and won. How do you beat
that? More importantly why
am I picking against that?
TEXANS over BILLS

CLEVELAND BROWNS
AT CHICAGO BEARS
* If I pick the Bears three
times in a row I am fully con-
fident I'll get at least one
right. Also, the list of people
that have given up on the
Cleveland Browns has grown
to EVERY SINGLE
BROWNS FAN. Browns fan
plan to protest by showing up
late to the game on purpose,
forcing management to face
the embarrassment of an
empty stadium at kickoff. I
can't explain how much I
want this idea to catch on to
every sport around the world.
BEARS over BROWNS

SEATTLE SEAHAWKS
AT DALLAS COWBOYS
* Let me re-iterate how
great it is to have picked up
Miles Austin in three fantasy
leagues. It's great. Also, there
is no way a team in Lime
Green jerseys can be taken as
a serious threat to beat a play-
off bound squad. (I take it all
back if the Seahawks do win
and will immediately begin
writing a letter to Bill Parcells
pleading for the Dolphins to
make a switch to Lime Green
and Orange).
COWBOYS over SEAHA WKS

SAN FRANCISCO 49ERS
AT INDIANAPOLIS COLTS
* Peyton Manning vs.
Patrick Willis. Bold Predic-
tion: Manning will go to the
line and make six audibles in
20 seconds. In an effort to
match his cunning, Willis
changes the defense six times,
which turns out to be five
times to many, just as Man-
ning plan. Austin Collie comes
up wide open for a touchdown
and the Colts rinse, lather and


repeat for seven scores.
COLTS over 49ERS

NEW YORK GIANTS
AT PHILADELPHIA EAGLES
* A case of two teams on
the second tier that'll come
close, but won't challenge for
an NFC title anymore. No
Plaxico Burress, no Michael
Vick headlines...are we just
supposed to concentrate on
football? I'm bored with this
game already.
GIANTS over EAGLES

ST. LOUIS RAMS
AT DETROIT LIONS
* This could easily become
the worst NFL game of all
time. If Roger Godell really
wanted to boost ratings,
here's what he should have
done. Let the Limbaugh deal
with the Rams go through
and give Keith Olbermann
free reign over the Lions. Or
pool both teams to create the
St. Loutroit Liams, or send
the rosters of both teams into
the free agent pool, or let
Vince McMahon decide their
fate every week...
LIONS over RAMS

OAKLAND RAIDERS
AT SAN DIEGO CHARGERS
* If there's one thing LDT
needs to get back on the
horse...it's the Raiders. By the
way, how long are the Raiders
going to keep this whole
"Commitment to Excellence"
thing going as the team cree-
do? Really...this is "Commit-
ment to Excellence"? Oak-
land is about as "Excellent"
as Picewell Forbes' discretion.
CHARGERS over RAIDERS

JACKSONVILLE JAGUARS
AT TENNESSEE TITANS
* The Titans have finally
decided to go with Vince
Young at quarterback after
starting the season a paltry 0-
6, just a year removed from
beginning a season 10-0. As
bad as Young may have been,
how can he make a winless
team that got embarrassed 59-
0, any worse?
JAGS over TITANS

MINNESOTA VIKINGS
AT GREEN BAY PACKERS
* What's the possibility of
following of this season's most
exciting game with an even
better rematch? Probably not
very likely but we should have
round-the-clock medical care
and a defibrillator available
for John Madden. For him,
watching Brett Farve play
against the Packers at Lam-
beau could be like Chris
Matthews having to see
Barack Obama serve as Sarah
Palin's Vice President. Nei-
ther could live through it.
VIKINGS over PACKERS

CAROLINA PANTHERS
AT ARIZONA CARDINALS
* Each day I watch Kurt
Warner struggle to spread the
ball and keep both Larry
Fitzgerald and Anquan
Boldin happy, I wonder why
the Dolphins didn't offer
ANYTHING to get Boldin
out of Arizona. I would have
settled for Steve Breaston. I
would have settled for a 40
year old Torry Holt.
D'Angelo Williams has
finally woken up and realized
he was a top three fantasy
pick, in most leagues but it
still hasn't transformed into
wins for the Panthers. The last
time these two teams met
Jake Delhomme threw 15
interceptions and had surgery
in the off season (which i
believe he didn't need but he
had to find a way to cover up
the all the playoff pics). The
one thing that guarantees a
good Panthers season is the
one thing that has to be close
to happening...the routine
Steve Smith practice fight.
CARDINALS over PANTHERS


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THE TRIBUNE PAGE 1 1


FRII)DAY M O TOBER 30, 2009

^INS pIDEoieadosRammbblin


Amertil to be inducted into SLU Athletics Hall of Fame


By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net
FOR the second time in sev-
en months, quarter-miler Chris-
tine Amertil will be inducted
into the Hall of Fame of her
collegiate alma maters in the
United States.
And for the second time, she
will miss making a personal
appearance at the induction
ceremonies because of her
achievement to the Bahamas.
In April, Amertil got induct-
ed into the 2009 North Idaho
College Inaugural Athletics
Hall of Fame. But she wasn't
able to attend because she had
to compete on the women's
relay team at the Penn Relays.
On Saturday night, Amertil
will be inducted into the South-
eastern Louisiana University
Athletics Hall of Fame. But
once again, she won't be able
to attend because she's com-


Event marks her second Hall
of Fame induction in one year


ing home for the Ministry of
Youth, Sports and Culture's
National Induction Ceremony
at the British Colonial Hotel.
Amertil, in an interview with
The Tribune yesterday, said
she was surprised when she got
the call on both occasions to
inform her about the induc-
tions.
"I got a personal call from
Larry Harmond, who is in
charge, telling me about it,"
Amertil said. "I really didn't
remember him because he was
just coming in when I was
heading out.
"But he told me about all of
my performances there and I'm
thinking who is this guy. When
I finally found out who he was,
he said he was just as surprised


that I am just getting the call
about the induction."
While attending Southeast-
ern Louisiana University,
Amertil was named Female
Athlete of the Year in 2001.
She also left behind seven of
the Lions' records and two
Southland conference records.
She also earned All-America
honours at the 2000 NCAA
Outdoor Track and Field
Championships with a third
place finish in the 400 metres
and she was a six-time South-
land Conference champion.
"I felt very good about my
collegiate career," said Amertil,
who went on to represent the
Bahamas at the Olympic
Games, World Championships
and the Pan American Cham-


pionships.
"In talking to my coaches, I
think I have a lot to be proud
of from where I started."
Amertil, who turned 30 on
August 18, said she would have
definitely liked to return to her
alma mater to receive her
award on Saturday, but she's
committed to coming home for
the celebrations.
At the National Hall of
Fame Induction ceremony, the
Ministry of Sports will also
honour the BAAA team that
competed at the IAAF World
Championships in Berlin, Ger-
many, in August.
A semifinalist in the 400,
Amertil ran the third leg on
the women's 4 x 100 metre
relay team that secured the sil-
ver medal behind the
Jamaicans.
Amertil along with team-
mates Sheniqua 'Q' Ferguson,
SEE page 10


I ..lai:. i I �
Christine Amertil will be inducted into the Hall of Fame of her colle-
giate alma maters in the United States.


S . . ** ' - ,. . . ' ' ' WELLINGTON
S'.... . * Richardson of the
. " .~ 1- - , Kinsway Academy
Saints slides into
, V base in a BAISS
game on Thurs-
4 day October 29,

















Saints march past


the Cougars 15-8


Fu


PRE


-CHRISNTM~AS


By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net
WITHOUT any further
chance of playing in the
Bahamas Association of Inde-
pendent Secondary Schools'
softball playoffs next week,
the Kingsway Academy Saints
made sure they ended the reg-
ular season on a high note.
Driving just around the cor-
ner to play their final game,
the Saints marched past the
Charles W Saunders Cougars
15-8 yesterday to push their
junior boys' record to 4-4. The
Cougars dropped to 3-6.
"We lost two games against
Prince Williams (Falcons) and
Queen's College (Comets)
that we should have won,"
said Kingsway Academy's
coach Rev Stephen Dun-
combe.
"If we had won those
games, we would have been
in."
Instead, the Saints had to
settle for being the first team
sitting out of the playoff pic-
ture in fifth place. And despite
not advancing to the postsea-
son, they played as if they
were gearing up for another
game.
"We're rebuilding. We lost
seven starters from last year,"
Duncombe reflected. "So all


of the gentlemen who played
this year are first timers.
We're building, but we're
right where we want to be for
next year."
However, Duncombe
would be the first to admit
that they were disappointed
that they didn't make the
playoffs, considering the team
that they had assembled.
"I think we will learn from
it," he said. "When you have a
game in hand, you have to
take advantage of it. You
can't just play three innings
when you have five to play."
Duncombe was referring to
the fact that his Saints have
faltered down the stretch in
their previous games. Against
the Cougars yesterday, they
did the same thing. Fortu-
nately, they were well ahead
to hold onto the win.
The Saints marched out to a
seven-run spurt in the top of
the first inning and they never
trailed. In fact they put three
more on the scoreboard in the
second to go up 10-7.
But in the fourth, Kingsway
Academy ruined any chances
for a late comeback by
Charles W Saunders as they
posted the final margin before
both teams came up with
some clutch defensive efforts
in the fifth.
The Saints got just about


every player to make a con-
tribution in the victory.
While Tyler Eldon started
and pitched the first inning
and a half for the Saints, he
moved to third and was a little
more effective on the defen-
sive end as Yale Hepburn
came from behind the plate
to close the door on the
Cougars.
On the offensive end,
Tameko Williamson led the
first inning rally with a two-
run single and Charlton Deal
added a two-out RBI single.
In the second, Michael and
Joshua Sands both had a RBI
single. Then in the fourth,
Hepburn came up with a two-
run single.
For Charles W Saunders,
Trevell Lightbourne went the
distance for the loss.
Lightbourne also had a
bases loaded RBI walk in
their four-run first inning that
saw Clint Johnson got hit by a
pitch and Nickolli Scavalla
walked with the bases loaded.
In the second when they
scored three more runs, Clint
Johnson walked in another
run with the bases loaded
before Orlando Gardiner
greeted Yale Hepburn with a
RBI single when he replaced
Tyler Eldon on the mound.
Pedro Dean attempted to
SEE page 10


3 Big Days


APPLIANCES BY FRIGIDAIRE
WF ALCCFPT a Al MJort CfnrnFDIT cARD
Montroc, Avenue ,'Jiu:st North of Baihama. BLIS & Tr ULIC
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PAGE~~~~~~~~OA 12NRDYEOTBR30W09THSRBN
PT i_________________


MINISTER OF YOUTH AWARD winner Tyrina Neely with Minister of Youth Sports and Culture
Desmond Bannister


Outstanding Youth



Recognition Awards


iLii'ceRemotev






'A Ie Irl IIII
I ~


FROM page six

Charles Johnson - NP
Tiffany Hall-NP
Melinda Pelecanos -
Eleuthera
Dereck Stubbs - GB

MOST DISTINGUISHED
YOUTH AWARDS
This award recognizes the
most outstanding young peo-
ple throughout the Bahamas.
Each Island selects one young
person to be recognized for a
notable accomplishment in
their community or youth
group.
Bernard Cooper - Abaco
Patricka Ferguson - Acklins
Bernique Pinder - Crooked
Island
Tamara Myers - Andros
Claytisha Dean - Berry
Islands
Philip Rolle - Bimini
Italya Goodman - Eleuthera
Rashad Armbrister - Exuma
Cameron Hanna - Inagua


Salathiel Wells - Long Island
Michelle Greene - San Sal-
vador
Mykah Smith - New Provi-
dence
Lavardo Rolle - New Provi-
dence
Genymphas Higgs - Grand
Bahama
DIRECTOR OF YOUTH
AWARD
Issued by the Director of
Youth, this award can either go
to a young person or a youth
worker based on community
involvement, active support of
the Ministry of Youth and its
programmes and notable
accomplishments in the com-
munity
Rev Deno Cartwright


MINISTER OF YOUTH
AWARD
Presented to a young person
or youth leader for significant
contributions to the communi-
ty and for having "made a way
out of no way". The highest
award presented by the Minis-
ter of Youth, Sports and Cul-
ture.
Tyrina Neeley
Other events were held
throughout the month, includ-
ing a workshop on hospitality
hosted by Johnson and Wales
University, a march and rally, a
"Gospel jam" and a step show.
The final even will be the
grand finale step show at the
Kendal Isaacs Gymnasium
today. For information about
this event, call Capital City
Marketing, on 323-5589.


cellularr subscr


AND SAVE OUR ENVIRONMENT


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PAGE 12, FRIDAY, OCTOBER 30,2009


THE TRIBUNE









THE TRIBU N E ,,






FRIDAY,


less
OCTOBER 30, 2009


IFCTO Bobuiesctiunmdi et:


Hopes for Bahamas

recovery after US

growth 'premature'


By NEIL HARTNELL
Tribune Business Editor
and Associated Press
BUSINESS
and hotel
executives
yesterday said
it was "pre-
mature" to
suggest the 3
Bahamian
would soon
start its own
recovery fol- Robert Sands
lowing the 3.5
per cent GDP growth
achieved by the US in the
third quarter, although some
argued it showed "the bottom
is near" and business that
were able should "exploit
opportunities".
Robert Sands, the Bahamas
Hotel Association's (BHA)
president, said one quarter of
positive growth was no indi-
cation of a sustained recov-
ery, and consumer confidence
- key to determining visitor
arrival levels and stopover
demand - tended to "lag


* US GDP growth
announcement shows
Bahamian economy
'at or near bottom'
* Businessmen urged to
'take advantage of any
opportunities' with
'worst likely behind us'
* But hotels, businesses
want to see sustained
rebound trend in US
and impact on own
business levels

behind" any output (GDP)
rebound.
"I think the industry is pret-
ty clear on its position, that
we think US consumer con-
fidence will lag behind eco-
nomic improvement, so it
would be very premature to
suggest that this economic
news will translate into any

SEE page 6B


Cruise spending rises



70% to hit $246.1 m


By NEIL HARTNELL
Tribune Business Editor
Total spending by cruise
lines, their passengers
and crew in the Bahamas
increased by 70 per cent
to $246.1 million
between 2005-2006 and 2008-2009, a
study by the Florida-Caribbean Cruise
Association (FCCA) has estimated,
with average per capital spending by
both visitor classes rising by 38.6 per
cent and 290.5 per cent respectively
over the same period.
The FCCA study, designed to mea-
sure the cruise industry's economic
impact on the Bahamas and other
Caribbean destinations, said that total
estimated passenger and crew visits
to this nation had risen by almost 28
per cent over the three years, going
from 1.87 million visits in 2005-2006 to
2.38 million in 2008-2009.
"Total direct expenditures in the
Bahamas increased even more dra-
matically, growing by 70 per cent from


$114 million in the 2005-2006 cruise
year to $246 million in the 2008-2009
cruise year," the FCCA-commissioned
study said.
"Cruise tourism expenditures
increased among all groups, passen-
gers, crew and cruise lines. The growth
in passenger and crew expenditures
was not only driven by the 70 per cent
increase in onshore visits, but also by
the 39 per cent increase in average
passenger expenditures (from $60.54
to $83.93) and the tripling in the
reported average crew expenditure
(from $19.96 to $77.95).
"These are certainly significant
increases, and were among the largest
estimated expenditures among those
destinations that participated in both
studies. The growth in per passenger
expenditures varied across categories
but, in general, the increase was most-
ly the result of an increase in the aver-
age purchase in each category by those
making such purchases."
When it came to the cruise ship
industry's direct impact on the


Bahamian economy, the FCCA study
estimated that the $246.1 million in
total cruise ship spending generated
3,692 direct jobs in the Bahamas, pay-
ing $60.3 million in annual wages.
The indirect impact, accounting for
spending by businesses and staff that
benefited directly from the cruise
industry, was estimated at 6,219 jobs
and $100.4 million in Bahamian wages.
"One direct job was created for
every $66,600 in direct cruise tourism
expenditures, and wages accounted
for 24 per cent of the direct expendi-
tures," the study said, although a "rel-
atively low wage structure" mean that
the sector's impact was "just over
$16,100 in average annual wages" per
worker. The $246.1 million in cruise
industry-related spending in the
Bahamas was the third highest in the
region.
The commercial and transport sec-
tors of the Bahamian economy
accounted for about 97 per cent of the

SEE page 8B


Regulator mandates Less than 50% of cruise visitors buy local tours


criteria to decide

'restructured' loans


By NEIL HARTNELL
Tribune Business Editor
THE Central Bank of the
Bahamas has effectively man-
dated that Bahamian com-
mercial banks use financial
difficulties stemming from the
recession as the main factor
in deciding whether a loan has
been restructured, "irrespec-
tive" of whether it remains on
commercial terms, again high-
lighting differences between
regulator and industry on the
issue.
In a guidance note sent to
the Bahamian commercial
banking sector, the Central
Bank acknowledged that dur-
ing its recent quarterly credit
meetings, some commercial
bank licencees had
"expressed difficulty" with
treating restructured loans as


Note highlights differences
between Central Bank and
commercial banking
sector over issue

'non-commercial', meaning
that they had been modified -
usually with lower payments -
to account for a borrower's
financial difficulties.
Some commercial banks
had argued, according to the
Central Bank's note, that
restructured loans were
"rarely rendered" non-com-
mercial, despite institutions
agreeing terms with cash-
strapped borrowers that often
resulted in them forgoeing
part of the interest or princi-
pal payments due for a speci-

SEE page 2B


$16m start-up prepared to

extend private placement


By NEIL HARTNELL
Tribune Business Editor
A BAHAMIAN telecoms
start-up yesterday said it was
prepared to extend its multi-
million dollar private place-
ment for "-',i ..i! weeks" if
necessary after key investors
suggested they may need
more time to raise liquid
assets, telling Tribune Busi-
ness it was "very confident" it
would raise the full $16 mil-
lion it was seeking or "even
more".
Edison Sumner, IP Solu-
tions International's president


* IP Multiple Play provider
'very confident' it will
raise, or exceed, capital
sought, but investors
indicated they may
need more time
* Aiming to expand to
Caribbean after two years
* 'Still on target' to deploy
services in Bahamas in
Q4 2009/Q1 2010

and chief executive, said that
while the capital raising had
"gone extremely well", the
company - which hopes to
attract 5,000 subscribers to its
'multiple-play' product dur-
ing its first operational year -
would not know the final
results until it analysed the
applications and funds
received on Monday.
Mr Sumner confirmed, as
previously reported in an
interview with Tribune Busi-
ness, that IP Solutions Inter-
national would "still on tar-
get" to start deploying its ser-
vices to Bahamas-based
clients by the 2009 fourth
quarter/2010 first quarter
regardless of how the financ-
ing turned out.
He added that once its mul-
tiple-play proposition had


SEE page 4B


By NEIL HARTNELL
Tribune Business Editor
LESS than 50 per cent of
cruise passenger arrivals to
the Bahamas purchase a local
tour/shore excursion, placing
this nation near the
Caribbean basement in this
category, a study released yes-
terday by the Florida-
Caribbean Cruise Association
(FCCA) revealed, with
Bahamian companies earning
almost 50 per cent less per
ticket than the cruise lines.
Only the Turks & Caicos
and Puerto Rico had a lower
percentage of cruise visitors
purchase a local tour/shore
excursion than the Bahamas'
46.2 per cent, according to the
FCCA's Economic Impact of
Cruise Tourism 2008-2009
study, while only 27.1 per cent
of tours were purchased


* Cruise lines earn almost 50% per ticket more for selling
Bahamian tours/excursions than local operators
* Bahamas leads region in earning most from
cruise lines, say studies, at $48.5m
* But average per capital passenger and crew
member spend still below regional average


directly from the Bahamian-
owned provider.
Some 68.3 per cent of tours
were acquired by cruise pas-
sengers from their cruise
lines/ships directly, and at
much higher prices and mark-
ups, data that again raises
questions about how much
Bahamian-owned excursion
providers are earning from
the cruise industry and
whether they are in danger of
being marginalised.


The FCCA survey found
that the average price of a
tour/shore excursion in the
Bahamas was $61.97 when
tickets were acquired from
the cruise ship, but only
$31.55 when purchased direct-
ly from the Bahamian-owned
provider - a 49.1 per cent
decline. And the average
price paid for a Bahamas-
based tour/shore excursion
was $37.30 - almost $6 higher
than the average purchase


price charged by the Bahami-
an operator.
The FCCA study acknowl-
edged that cruise lines
"retained a portion of the pur-
chase price charged as a man-
agement fee or sales commis-
sion" when passengers bought
local excursion tours on board
ship, and added: "Fewer than
half of visiting passengers pur-
chased shore excursions" in


SEE page 9B


FAMILY GUARDIAN
INSURANCE COMPANY LIMITED


Bahama'" Health
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PAGE 2B, FRIDAY, OCTOBER 30, 2009


COMPLETION OF
NEW PROVIDENCE ROAD IMPROVEMENT PROJECT

CORRIDOR 1A
Bamboo Boulevard (East St. to Buttonwood Dr.)

JOSE CARTELLONE CONSTRUCCIONES CIVILES S.A.
has been awarded a Contract by the Government of The
Bahamas for the Completion of the New Providence Road
Improvement Project (International Package).

Please be advised that effective November 9th 2009,
Traffic Management Schemes will be implemented at the
function of East Street and Bamboo Boulevard.

What is this part of the project about?
Road improvements will be carried out on Bamboo Boulevard
between East Street and Buttonwood Avenue. These works
includes the improvement to the junction of Zion Boulevard/
East Street and Bamboo Boulevard. The works comprise the
installation of a new traffic signal at the junction, additional
traffic lanes, asphalt pavement, street lighting, sidewalks,
drainage facilities, traffic signs and road markings.

What to expect in the next few weeks?
The public should expect partial road/lane closures on East
Street and are encouraged to follow the temporary detour
signs. Motorists should avoid this area during peak hours when
possible and seek an alternative route to their destination.

Queries?
Please contact us at (242) 322-8341 / (242) 322-2610 Mondays
to Friday, from 8:00 am to 6:00 pm. or email us at
bahamasneighborsa@cartellone.com.ar


We do apologize for any inconvenience caused and we
look forward to the cooperation of the motoring public.


LOANS, from 1B

fied time period.
The banking sector regula-
tor referred to its guidelines
on the measurement, moni-
toring and control of impaired
assets, which "defined a
restructured asset as one in
which the original contractual
terms have been modified to
provide for concessions (that
render the asset non-com-
mercial) of interest and prin-
cipal for reasons related to
the financial difficulties of a
counterpart.
"In other words, restruc-
turing on non-commercial
terms is the main driver for
classifying an asset as restruc-
tured."
And the Central Bank
added: "During the most
recent round of quarterly
meetings, we took note that
some licensees expressed dif-
ficulty with the phrase 'non-
commercial', in that while a
loan may be restructured due
to financial difficulties of a
counterpart, concessions
associated with such a loan
rarely renders it non-com-
mercial, as defined by the
guidelines.
"Hence, such a scenario
raises the question as to
whether to report same as
restructured assets/loan, given
the practice of some com-
mercial banks, which appear
to have resulted in non-
reporting of restructured
loans by some licensees."
As a result, the Central
Bank said that to "minimise
inconsistencies in reporting
and/or non-reporting of
restructured loans, commer-
cial banks are hereby required
to consider 'financial difficul-
ty' of a counterpart specifi-
cally spurred by the current
economic downturn (loss of
job or cash flow impairment)
as the key driver for deter-
mining and reporting of a
restructured asset/loan, effec-
tive October 2009, irrespec-
tive of whether it remains on
commercial terms or not".
Tribune Business under-
stands that there continues to
be ongoing discussions
between the commercial
banks and Central Bank over
the treatment/monitoring of
restructured loans, with the
industry understood to feel
that the regulator may be


THE TRIBUNE


overreacting to the ever-
increasing level of loan
defaults through an overly
prescriptive approach to the
issue.
While the Impaired Asset
Guidelines, which were
devised before the current
recession, are not set in stone,
commercial banking industry
sources have pointed out that
the re-writing of loans over
their lifetime, especially mort-
gage loans, is nothing unusu-
al.
Some have also expressed
concern to Tribune Business
that the Central Bank's
approach to the issue of
restructure d/non-accural
loans was "overly cautious
and counterproductive to the
conduct of business", and
could induce commercial
banks to take an even more
conservative posture to lend-
ing than they already have. If
this happened, businesses and
consumers will be further
starved of credit at a time
when they need to drive the
economy out of recession.
Tribune Business reported
previously that 'setting in
stone' how the banks treat
restructured loans could
"have a phenomenal effect"
on banking balance sheets by
increasing the level of non-
performing loans.
This, in turn, would require
Bahamian commercial banks
to keep an increased level of
capital reserves set aside to
cover potential loan losses,
and increase loss provision
levels - something that will
impact earnings levels.
Such developments, some
have told Tribune Business,
would act as a disincentive for
banks to restructure their bor-
rowers' existing loans.
It is understood that the
commercial banks want to
treat loans on a more 'case-
by-case' basis, as opposed to a
blanket, prescriptive
approach. There are ques-
tions, for example, over
whether loans 90 days past
due should be treated as non-
performing if they are secured
by adequate collateral and the
banks have full confidence in
their ability to collect.
Some sources told Tribune
Business yesterday that there
was a "constant challenge to
match up industry best prac-
tices and international


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


accounting standards" with
what the Central Bank was
requiring in terms of regula-
tory standards.
Tribune Business previous-
ly revealed that the Central
Bank of the Bahamas was
requiring its financial institu-
tion licensees to flow any dif-
ference between its 1 per cent
loan loss provision require-
ment and those of Interna-
tional Accounting Standard
(IAS) 39 through the balance
sheet, not the income state-
ment, to maintain compliance
with International Financial
Reporting Standards (IFRS).
The Central Bank had also
moved to "reiterate" its pro-
visioning policy stance, where
it wanted banks to maintain
general provisions of 1 per
cent against their on and off-
balance sheet credit and loan
portfolio.
However, the banking
industry regulator acknowl-
edged that maintaining loan
loss provisions as a percent-
age of a bank's total out-
standing credit portfolio
would not be consistent with
IFRS, and not necessarily in-
line with IAS 39.
Still, it is easy to understand
the Central Bank's concern,
with loans in default - 30 days
past due and more - likely
having passed the $1 billion
mark, accounting for more
than one in every six or 16
per cent of all private sector
credit extended in the
Bahamas.
The Central Bank, in its
report on monthly economic
developments for August
2009, said there was a $60.6
million, or 6.7 per cent,
increase in loans falling into
default for the month, taking
the total to $963.1 million or
15.9 per cent of all outstand-
ing loans in the Bahamas.
The Central Bank
described "a sustained drift
of loans into the short-term
and non-performing cate-
gories", with loans 31-90 days
delinquent increasing by $26.2
million or 6.5 per cent in
August to hit $427.6 million.
The latter figure amounted to
7 per cent of all outstanding
private sector loans in the
Bahamas, a 0.49 per cent
increase during that month.
As for non-performing

SEE page 8B


I


BUSINESS I


I





FRIDAY, OCTOBER 30, 2009, PAGE 3B


Butterfield sees



25% net income



fall in Bahamas


Butterfield Bank's Bahami-
an private banking operation
has reported a 25 per cent
decline in net income for the
2009 third quarter, blaming
the drop from $0.4 million to
$0.3 million in part on the sale
of its fund services business
in the comparative period last
year.
The Bermuda-headquar-
tered bank said the disposal
of the fund administration
business, which left the
Bahamian operations up
against tough year-over-year
comparatives, saw Butterfield
Bank (Bahamas) revenues fall
by 25.9 per cent to $2 million.
Net interest income before
credit provisions was down
$0.2 million or 20.6 per cent,
reflecting the low interest rate
environment.
At quarter end, Butterfield
Bank (Bahamas) total assets
were $163 million, compared
to $155 million at 31 Decem-
ber, 2008 ,and client assets
under administration were
$2.5 billion, up from $2.3 bil-
lion at year-end 2008. No
credit provisions, though,
were required against the
Bahamian loan portfolio.
Alan Thompson, group
president and chief executive,
commenting on Butterfield's
third quarter results, said:
"Against the backdrop of
what continues to be a chal-
lenging economic environ-
ment across all the jurisdic-
tions in which we operate, we
remain focused on improve-
ment. The impact of contin-
ued low interest rates and net
asset values, coupled with
ongoing recession in some
jurisdictions, particularly the
UK, continues to adversely
impact our profitability.
"We saw continued
improvement in the differ-


ence between the book and
market values of investments
in the group's held to maturi-
ty portfolio, which reduced
by $92 million in the third
quarter and is down by a total
of $161 million since year-end
2008.
"This reflects a general
tightening of credit spreads
and improvement in liquidity
in the securities market. Also
noteworthy was a 4.3 per cent
increase in the third quarter in
the Group's assets under
administration (AUA) to
$58.6 billion, reflecting growth
in our custody business lines,
the third successive quarter
in which our AUA have
risen."
Richard Ferrett, executive
vice-president and chief finan-
cial officer, said: "We contin-
ue to maintain strong capital


ratios with Tier 1 capital and
Total Capital ratios as at 30
September of 11.4 per cent
and 14.1 per cent respectively,
in excess of regulatory
requirements.
"There were no write-
downs of investment securi-
ties and a net realized gain of
$0.3 million was seen in the
quarter, reflecting the sale of
a previously impaired securi-
ty. The book value of the
held-to-maturity investments
has decreased by $1.1 billion
since 31 December 2008, and
$102 million since 30 June
2009, to $2.1 billion. The
quarter also saw a significant
year on year decrease of 22.0
per cent in the Bank's oper-
ating expense base, reflecting
our continued focus on
achieving operating efficien-
cies."


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HALBRICK INVESTMENTS LIMITED



INTERNATIONAL BUSINESS COMPANIES ACT. 2000
No. 45 of 2000
In Voluntary Liquidation
Notice is hereby given that in accordance with Section 138 (4)
of the International Business Companies Act, (No. 45 of 2000),
HALBRICK INVESTMENTS LIMITED, is in dissolution.

Totalserve Management Limited is the Liquidator and can be
contacted at 17 Gr. Xenopoulou Street 3106 Limassol, Cyprus.
All persons having claims against the above-named company
are required to send their names, addresses and particulars of
their debts or claims to the Liquidator before November 29,
2009.


Totalserve Management Limited
TOTALSERVE MANAGEMENT LIMITED


THE TRIBUNE






PAGEBSIES 4BIRDY COE 3,20 H RBN


From the earliest days of the The Four-Way Test
organization, Rotarians were "Of the things we think,
concerned with promoting high say or do
ethical standards in their
professional lives. One of the
world's most widely printed and 2. Is it fair to all
quoted statements of business concerned?
ethics is The Four-Way Test, 3. Will it build goodwill
which was created in 1932 by and better friendships?
Rotarian Herbert J. Taylor. This 4. Will it be beneficial to
24-word Test has been
translated into more than a al concerned?"
hundred languages and
published in thousands of ways.
It askS The following four






toe"


Rules:
1. Children ages 10-16 may enter. Judging will be in two
age categories: 10-13 years and 14-16 years for a first
and second place winner in each category.
2. Write a essay answering the following subject:
"What does the Four-Way Test mean to me." Explain
your understanding of the 4-Way Test as it relates to
your life, experiences, and/or society in general."
Your essay must include the four principles.
3. The body of the essay must not exceed 1,000 words.
Adults may assist the child in filling out the entry form,
but not in writing the letter.
4. Limit one essay per child. All entries must be received by
the Rotary Club of East Nassau before Nov 30, 2009.
5. Only essays accompanied by original entry forms clipped
from the newspaper will be accepted. Photocopy, fax,
carbon or other copies will not be accepted.
6. One winner will be chosen from each age category. The
decision of the judges is final.
7. Winner must agree to a photo presentation which will
be published in the newspaper.
8. Mail essay and completed newspaper clipping to
The Four-Way Test Essay Competition,
Attn: Michele Rassin, The Rotary Club of East Nassau,
P.O. Box SS-6320, Nassau, Bahamas
The Tribune


S,


OFFICIAL ENTRY FORM


Age:
School:
Address:
P.O. Box:
Email Address:
Parent's Name:
Parent's Signature:
Telephone contact: (H) (W)
All entries become property of the Rotary Club of East Nassau and can be used
and reproduced for any purpose without compensation.


$ 16m start-up


prepared to extend


private placement


I TENDER j
NAD
Nassau Airport
o -<" - LPIA Expansion Project Stage 1


U'S Departures Terminal



Ldccr is s�'inp contractmr to assisr) completicm of Sta-2-r I of the [HIAS r:,5i~i

Prqieat M2$Deparhm ~TerminiAl dIoitwat~rs, partdui� k ahm'ian c crtor,� are

enco~i-apd ic partkipate In this --i"pcat nato4~ prijec. Sccpes to be :encfered to

om ete t rt out oV the wter-ir aI r

'kwbd nd AHifnJOm~, WWI;igOma, FA~wm W lD" H*I*wt
'Ca-p
*TfPawk OiiWN1 l owuusn~cw



A qualifi~on pa rr st be subnuckud ior (wat t d c bd dk 0* yb4 frm onumtni
dwmd ONiewill be consiered. Quiiari~wkmill be based c 6 fivotie ~wng trlw
o A dwtracn cdfinmalcia]pedtv


&Nmiari Ownenhip~ontent
The pmje~t is cowd byCantrmnri Di~k uraneo in Neu -of bondvi. NO M IJ~NG WILL. BE
REQUIRED.

Quaia~dofi and m-r ude bp giwill be afdltkfor Odip at dNe Ltcor Connxntnonahuiia

Site cge at 242-677,417.
The dming o wthe mrdieefder vxd peequailicaidoin pad wlqpYAe at 2OO0rn Friday N oym e~br


FROM page 1B

been deployed throughout the
Bahamas, the company would
look to expand its services
into the Caribbean within two
years.
"It's going extremely well.
We're pretty pleased with the
progress made," Mr Sumner
said of the fund raising, in
which IP Solutions Interna-
tional is seeking to generate
$8 million in equity capital
from Bahamian investors, tar-
geted institutions and high
net-worth individuals. The
balance is coming from a $4
million preference share issue
and $4 million in bank debt
financing.
While IP Solutions Inter-
national would not know the
final result until Monday, the
private placement ending this
week, Mr Sumner said "a lot
of our investors" were "wait-
ing till towards the end of the
week to get money in,
because they're liquidating
assets to get the necessary
cash".
He added: "We've got
some private investors and
corporate clients who have
requested more time to get
their funding together, and
the Board [of IP Solutions
International] has determined
that if necessary we will con-
sider extending the deadline
for the private placement."
While no final decision
would be taken until early
next week, Mr Sumner told
Tribune Business: "If neces-
sary, the company will extend
the deadline for the private
placement by several weeks
to give corporate clients and
some private investors time
to get their money together.
"We've certainly had a
good response and got good
investors to date, and we're


TODSCUS STOIS ON THI PAGE LOG ONTWRIUE4.O


REQUEST FOR
O-rw m rm . ra


very confident that we will
raise the full $16 million, and
might even raise more.
"Our investors have been
very supportive and we've
had interest from persons who
we did not target initially, who
are interested in what we are
doing, so we're talking to
those people as well. That
gives us another reason to
extend the private placement.
"We've very confident we
will raise what we are seek-
ing, and hopefully will start
construction of the head-end
and other infrastructure
almost immediately."
IP Solutions International
is targeting Bahamian con-
sumers with a 'multiple play'
proposition of services deliv-
ered via a wireless Internet
infrastructure. Among the
product offering will be news,
entertainment, movies, TV
and video-type games of a
non-casino variety.
Apart from Bahamian busi-
nesses and households, the
key markets for IP Solutions
International will also be the
nation's hotel industry and
private gated communities.
While the speed with which
it constructed its infrastruc-
ture and deployed its services
to consumers "depends on
what the financing looks like
at the end of the day", Mr
Sumner said that even if IP
Solutions International raised
less than the $16 million "we
have a Plan B, so we will be
able to deploy services before
the fourth quarter end this
year and the first quarter next
year. We're still on target for
that".
Mr Sumner told Tribune
Business that IP Solutions was
looking at between $8 million
and $10-$12 million to finance
its capital expenditure needs,
which would go towards con-
struction of its regional head-


end and wireless infrastruc-
ture.
The company had "got
traction" in the wider
Caribbean, Mr Sumner
added, and "pretty much the
entire region is going to be
our playground".
"We've been talking to
people around the region,"
he added, "and people are
encouraged that the Bahamas
is finally catching up on its
communications legislation
and liberalisation, and we're
glad to be the first ones out of
the gate to provide a triple-
play package.
"We're thinking that once
we get the Bahamas
deployed, we'll probably look
at the Caribbean in two years.
It could be sooner, depend-
ing on how quickly we get the
Bahamas done."
IP Solutions International,
Mr Sumner said, was also set
to appoint an
ambassador/envoy to devel-
op its relationships around the
Caribbean while it was
focused on deploying services
in the Bahamas.
He added that the company
had made a commitment to
bring communications ser-
vices, such as phone, Internet
and TV, to "underserved"
Bahamian communities "so
they feel part of the bigger
picture".
Mr Sumner said IP Solu-
tions International received
its triple-play individual oper-
ator's licence from sector reg-
ulator, the Utilities Regula-
tion and Competition Author-
ity (URCA), in less than the
30-day period prescribed.
The company had since
applied for a spectrum
licence, which it hoped to
obtain "in very short order"
to enable it to deliver services
"to the entire country seam-
lessly".


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PAGE 4B, FRIDAY, OCTOBER 30,2009


THE TRIBUNE


ell


a I I
L


Chfld's Name.


Roia." Claum
EAST
NASSAU






THE TRIBUNE FRIDAY, OCTOBER 30, 2009, PAGE 5B


CFAL initiative


triples


CFAL has seen a tripling
in the number of schools
enrolled in its eighth annual
Junior Investor Education
compared to when it began
the initiative in 2002, with 14
signed up to participate.
The investment and finan-
cial advisory firm designed
the Junior Investor Education
programme to expose stu-
dents to the dynamics of the
financial industry, and help
them understand personal
financial management and the
long-term benefits of saving
and making wise financial
choices.
The programme provides
students with a real world
context in which to manage a
virtual $100,000 investment
portfolio by trading in
Bahamian securities.
Each team appoints from
its ranks a portfolio manager
and trader, with the remain-
der of the students function-
ing as research analysts. As
sponsor of the programme,
CFAL donates the time of its
own securities analysts and
traders to facilitate trade


instructions and coach classes.
This year, the Securities
Commission of The Bahamas
joins the programme as a
partner, and will visit the
schools to discuss its role in
the financial services sector.
"The Junior Investor Pro-
gramme helps to bridge the
gap between what's taught in
high school economics and
accounting classes and what
actually goes on in the real
world," says CFAL president
Anthony Ferguson.
"It goes beyond instruction
to spark real debate and
learning that opens the eyes
of both the student partici-
pants and their teachers. Last
year's programme was espe-
cially helpful for teachers
because it provided them a
practical tool with which to
illustrate the state of the
world economy and its effect
on the securities market.
Because of these real life suc-
cess stories, CFAL is pleased
to be leading the charge in
financial literacy in the
Bahamas."
The programme will run for


in size
* * Lj^


six months, culminating on
March 31st 2010. "Previously,
the school that generated the
highest return and stayed
within the stated investment
parameters would have been
declared the winner," says Mr
Ferguson. "This year, we've
added a twist; return repre-
sents only one component
that goes into the final tally.
We will also be looking at the
level of trading activity,
reviewing all trade memos,
assessing the rationale for all
trades and judging a report
produced by the students on
the programme itself."
At the conclusion of the
Programme, the winner will
receive a floating trophy and
prizes will be awarded as fol-


lows to the schools:


1st Prize -
2nd Prize -
3rd Prize -


$ 2,500
$ 2,000
$ 1,000


Additionally, the partici-
pants from the winning school
will be employed by CFAL
for five weeks during the 2010
summer break.
Vying for this year's top
prizes are St Augustine's Col-
lege, St Andrew's School, St
Anne's School, St John's Col-
lege, C.I. Gibson Senior High,
CV Bethel Senior High,
Prince Williams High, Doris
Johnson Senior High, CC
Sweeting Senior High,
Bahamas Academy, Aquinas
College, and Queen's College.


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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


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I .


FRIDAY, OCTOBER 30,2009, PAGE 5B


THE TRIBUNE











Hopes for Bahamas recovery after US growth 'premature'


FROM page 1B

definitive booking pattern in
the short-term," Mr Sands
told Tribune Business.
"We stand by our position
that business certainly
remains challenging for us,
and while we're encouraged
by that news we must wait
and see how that really trans-
lates into any meaningful
increase in bookings.
"The outlook for the indus-
try remains cautious, and one


month, one quarter, is not a
trend. We need to see the
trend over at least the next
two quarters to see the impact
of such a movement."
Many hotel industry execu-
tives, including George
Markantonis, president and
managing director of Kerzner
International (Bahamas), and
Frank Comito, the BHA's
executive vice-president, have
told Tribune Business that
any sector-wide rebound is
unlikely to happen before the


Credit Suisse Trust Limited
Liquidator


Legal Notice



INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

LION OIL TOOLS LTD

Notice is hereby given that in accordance with Section
137 (4) of the International Business Companies Act No.
(45 of 2000), LION OIL TOOLS LTD, has been Dissolved
and struck off the Register according to the Certificate of
Dissolution issued by the Registrar General on the 20th
day of October, 2009.



Mayo Secretaries Limited
Akara Building, 24 De Castro Street
Wickhams Cay I, Road Town
Tortola, BVI
Liquidator



COMMONWEALTH OF THE BAHAMAS CC1


Coftif LA and w qui Dity a iit CLE 1' QUL 39


I Te KATR ithr rii. i:r WAnd LTERSa HCIMU






AND


oI TIM EATrTR of AU TIAT pce panel or

Feet SoAuho .2I n ir eewIhe Ilandof.
New fPmridrvr, C.Cmpriing 11,714 1qu T FcI.




Before T'he Hanouriabl a ier Ju~tict Sir. Mihat~ L hi.rnei In Cl amtr.


Wr 1m AmCAlrOf K the Puutan r ty summon issued brein
on ti aV! d i r.JdLy AD. A3["2
AND UFOM IEHLMG Mr. Dennis L iGamnez f Counsel r ihe Peatkoir.
AND UPORI EADIDt F iur tiini fil
ITn a ORDSBB hol
I �'liF Mniin gf ti h Ntitin Ww plIm brkrr t Judge tittmit a
Jury
2 Thr estrnm ed I.-m A n T.'ilhe hearing Inw I121 hourni

3 The he in ,ofiflhe Petion i f iFD f'- lindr. h. :h 1611 day of
N)nmltr, A.DA rAM rtrfie il gI10 00 1 ekIck in law fnumnIti.
1. AND r IT z M EBMW RMCTEhmUiwe Fe iuoneido a se Lthis
Oridr iu bx pr.:-ihsd s n, in -4 I7e Tribune wd Thr ^MM"
Guosdti n, hof rio tile 31 dwf Droa tr. A.D.. 209.


DATED iht -* 7l .r Cr Otuiber, A.D ~09


By anMa 1OF THE COURT





This QMw M dna ip by DEfinlB HOMZZ & CO., Athenems hF the
Putiewr of Chjamsn. The 5uotuai. Lake Vw to", ioff at srid"r
fnrat., In.t m , N.P, 3a a .... d.


2010-2011 winter season
based on the fact this is when
group business is likely to
recover.
And consumer confidence,
the key determinant of Amer-
ican demand for Bahamian
vacations, remains fragile,
especially given that the 9.8
per cent US unemployment
rate remains at a 26-year high.
That rate is projected to break
through the 10 per cent barri-
er, and only start decreasing
in the 2010 latter half.
The International Mone-
tary Fund (IMF) has also pro-
jected that the Bahamian
economy will remain in reces-
sion throughout 2010, con-
tracting again by 0.5 per cent
- albeit at a much slower rate
than the projected 4 per cent
negative growth for 2009.
And with economic recov-
ery in the Bahamas tending
to lag the US by at least six
months, it would appear the
best Bahamian businesses can
hope for is to see some 'green
shoots' of growth by the 2010
mid-point. Reports yesterday
indicated much of the US's
third quarter growth had been
driven by the Obama admin-
istration's $787 billion stimu-
lus package, and without that
prop it was unclear whether
growth would have occurred,
let alone whether it is sus-
tainable.
Still, Dionisio D'Aguilar,
the ex-Bahamas Chamber of
Commerce president, said
yesterday's news on US GDP
growth, following four suc-
cessive quarters of contrac-
tion, was the first bit of gen-
erally positive information to
be received by this nation's
business community for a long
time.
Acknowledging that the
"big question" was whether
the US recovery was sustain-


Fo0hesore


able, and if it would stimulate
more Americans to travel, Mr
D'Aguilar told Tribune Busi-
ness: "If it is, it's good news.
Bahamian businessmen tend
to be sceptical, and we
haven't seen a sustained turn-
around yet, but at least we're
moving in the right direction.
"It shows the bottom is
near, and it's time to for the
savvy businessman to take
advantage of any opportuni-
ties. The bottom is here, and
we'll probably be turning the
corner in short order."
Mr D'Aguilar said many in
the hotel and tourism indus-
tries would be "hoping and
praying" that the US eco-
nomic news "translates into
more people travelling".
He added: "It's a glimmer,
it's a movement in the right
direction, it's a positive piece
of news, and we've not had
that for a long time.
"If you're a businessman
looking to the future, we're
probably at the bottom now
and can only go up from here.
There's a time lag between us
and the US, so if we're not at
the bottom we know it's
imminent.
"We know Christmas is
going to be a little worse than
last year, but we don't know
how much."
The Superwash president
said most Bahamian busi-
nesses were projecting that
economic recovery would tru-
ly start in the 2010 fourth
quarter, and "Christmas 2010
will be better than Christmas
2009. We don't think it will
come any earlier than that".
He added that, in the
Bahamian context, the US
economic improvement "only
makes a difference when busi-
nessmen feel confident to
expand and employ new peo-
ple. We're not quite there
yet".
Kenwood Kerr, chief exec-
utive of Providence Advisors,
the investment advisory firm,
told Tribune Business yester-
day that the 3.5 per cent GDP
growth achieved by the US
had beaten the earlier 3.2 per
cent growth projection for the


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 herebygiven that FRANCESS PIERRE of Sarah
Robinson Rd., off Farrington Road, P.O.Box N-2557 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 30th day of October, 2009 to the
Minister responsible for nationality and Citizenship, P.O. Box
N-7147, Nassau, Bahamas.


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third quarter.
"It's always positive for the
Bahamas," Mr Kerr said of
the development. "We need
to find out whether the US
recovery is sustainable. If not,
we have a problem. That's
really the concern for us.
Most people are arguing that
it may be shortlived. We've
got to be sure it's sustain-
able."
Mr Kerr said the Bahamian
economy was likely to recov-
er in the 2010 second quarter
"at the earliest", although he
added: "I think the worst is
behind us. It think we will be
out of the woods, but there
will be more clarity, so to
speak, next year."
He added that Bahamian
economic recovery was more
likely to occur towards the
end of 2010, and into 2011.
Whether the US economic
recovery can end after the
Obama administration's stim-
ulus package ceases is unclear.
The National Association for
Business Economics thinks
growth will slow to a 2.4 per
cent pace in the current Octo-
ber-December quarter. It
expects a 2.5 per cent growth
rate in the first three months
of next year, although other
economists believe the pace
will be closer to 1 per cent.
Armed with cash from gov-
ernment support pro-
grammes, US consumers led
the rebound in the third quar-
ter, snapping up cars and
homes. A jump in spending
on big-ticket manufactured
goods largely reflected car


purchases spurred by the gov-
ernment's Cash for Clunkers
programme.
Spending on housing last
quarter was positive for the
first time since the end of
2005. The US government's
$8,000 tax credit for first-time
home buyers supported the
housing rebound. Congress is
considering extending the
credit, which expires on
November 30.
US federal government
spending rose at a rate of 7.9
per cent in the third quarter,
on top of a 11.4 per cent
growth rate in the second
quarter. And businesses
boosted spending on equip-
ment and software at a 1.1 per
cent pace, the first increase in
nearly two years.
Third quarter activity also
was helped by increased sales
of US-made goods to cus-
tomers overseas, as
economies in Asia, Europe
and elsewhere improved. The
cheaper dollar is aiding US
exporters, making their goods
less expensive to foreign buy-
ers. Exports of U.S. goods
soared at an annualised rate
of 21.4 per cent in the third
quarter, the most since the
final quarter of 1996.
Businesses, meanwhile,
reduced their stockpiles of
goods less in the third quarter,
after slashing them at a record
pace in the second quarter.
With inventories at rock-bot-
tom levels, even the smallest
increase in demand probably
will prompt factories to boost
production.


The Public is hereby advised that I, ERNEST HUYLER Treasure
Cay, Abaco 022217 of Treasure Cay, Abaco, one of the islands of
the Commonwealth of The Bahamas,intend to change my name to
RALPH ERNEST. 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.






The Public is hereby advised that I, FREDLEAN DELVA formerly
of Governors Harbour, Eleuthera but now of Tropical Gardens in
the Western District intend to change my name from FREDLEAN
PAUL to FREDLEAN DELVA 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.



NOTICE

NOTICE is hereby given that JULIE DEMONSTHENE
of SPANISH WELLS, ELEUTHERA, 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 30th day of
October 2009 to the Minister responsible for Nationality
and Citizenship, PO.Box N- 7147, Nassau, Bahamas.





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 JOCELYN GEDEUS of ROCKY PINE
ROAD OFF CARMICHAEL ROAD, P.O. BOX N-7504, 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 30th day of October, 2009 to
the Minister responsible for nationality and Citizenship, P.O. Box N-7147,
Nassau, Bahamas.






The Public is hereby advised that I, ZOE CLYNIQUE AZURE
ROLLE #99 Pioneer's Way West P.O. Box F-42691, Freeport,
intend to change my name to ZOE ERRYSS AZURE
HUTCHESON. If there are any objections to this change of
name by Deed Poll, you may write such objections to the Officer
in Charge Passport Officer, P.O.Box N-43536, Grand Bahama,
within no later than thirty (30) days after the date of publication
of this notice.


ITDISCS STOIE ON THI PAG LOG ON TOWWTIUE4.O


NOTICE



OF

ADUN LIMITED

Notice is hereby given that liquidation of the above com-
pany commenced on the 28th day of October, 2009. Credit
Suisse Trust Limited of Bahamas Financial Centre, Shir-
ley & Charlotte Streets, P.O. Box N-3023, Nassau, The Ba-
hamas has been appointed Liquidator of the Company.


PAGE 6B, FRIDAY, OCTOBER 30,2009


THE TRIBUNE






THE TRIBUNE FRIDAY, OCTOBER 30, 2009, PAGE 7B


By ASHLEY M HEHER
AP Retail Writer
CHICAGO (AP) - Busi-
ness slowed at Burger King
Corp. for the second straight
quarter as the recession hit
even fast-food restaurants and


their cheap menus.
The nation's No. 2 burger
chain, which has about 12,000
restaurants around the world,
blamed still-rising unemploy-
ment - along with menu
markdowns by competitors -
for the financial results it


announced Thursday, which
were worse than expected.
"This is the worst consumer
environment we have seen,"
Chairman and CEO John
Chidsey said during a confer-
ence call with investors.
"Employment continues to
worsen and competitive pres-
sures remain fierce, so it could
be some time before we see
meaningful sustained
improvements."
Last year, fast food restau-
rants were thought to be rel-
ative winners in the recession
as price-conscious diners
swapped more expensive
meals at sit-down restaurants
for the industry's speedy and
cheap fare.
Since then, unemployment
has climbed and fast food
restaurants have suffered.
Their sales fell three per cent
this summer, according to
data from The NPD Group, a
market research firm. That
decline, driven mostly by din-
ers opting to eat at home
more, was better than what
more expensive eateries expe-
rienced, however. Visits fell
four per cent at casual restau-
rants and five per cent at mid-
market ones.
Burger King executives said
sales in locations open at least
a year, an important perfor-
mance measure for restau-
rants, sagged three per cent
during its fiscal first quarter,
which ended September 30.
The company said the mea-
sure would remain "soft"
through the first half its fis-
cal year as unemployment in
the US keeps growing.
The country's unemploy-
ment rate rose to 9.8 per cent
in September and is expect-
ed to reach 10.5 per cent in
2010, although it's already
well past that mark in many
states.
Unemployment typically is
higher among Burger King's
most loyal customers, young
men. Without a steady pay-
check, diners - especially
those who head to restaurants
for lunch - are more likely to
eat at home.
"When people aren't in
jobs, they're just not going to
go over to the Burger King


across from the office," said
Morningstar analyst R J Hot-
tovy.
Overall, Burger King's
quarterly profit sank six per
cent to $46.6 million, or 34
cents per share. Revenue fell
five per cent to $636.9 mil-
lion. During the company's
fiscal fourth quarter, revenue
dipped 2.4 per cent, but prof-
it climbed as the burger com-
pany cut costs.
Thursday's results were
worse than Wall Street fore-
cast. Analysts expected the
Miami company - known as
much for its sometimes-
creepy "King" commercials
as its signature Whoppers and
"steak burgers" - to earn 37
cents per share on revenue of
$652.8 million.
The restaurant company
said a drop in costs for its key
ingredients boosted its profit
but not enough to offset the
decline in sales.
Baird analyst David Taran-
tino called the results "unin-
spiring" and a "disappoint-
ment." But in a note to
investors, he said Burger
King's $1 double cheeseburg-
er could help results in the
future. That offer launched
nationwide this month.
Powerhouse McDonald's
Corp. also said this month
that its sales in restaurants
open at least a year could be
flat to slightly negative in
October. If they are, it would
be only the third time in more
than six years that McDon-
ald's monthly sales didn't rise.
Burger King shares fell five
cents to $17.24 in mid-after-
noon trading Thursday.


Burger King




quarterly




profit slips


ITDISCUS TOIESONTHS PGELO0ONTOWW.TIBUE22CO0


GN-945




MINISTRY OF FINANCE
THE CENTRAL BANK OF THE BAHAMAS

NOTICE

BANKS AND TRUST COMPANIES
REGULATION ACT, 2000

Notice is hereby given that the Governor, pursuant to
Section 18 (1) (a) (iii) of the Banks and Trust Compa-
nies Act, 2000, has revoked by Order dated the 19th
October, 2009, the bank and trust license granted on
the 21st April, 1999 to J Safra Bank (Bahamas) Lim-
ited on the grounds that the company has voluntarily
wound up its operations.


Governor
Central Bank of The Bahamas


GN-944




MINISTRY OF LABOUR
AND SOCIAL DEVELOPMENT
THE PRICE CONTROL ACT (1971)
(CHAPTER 339)

THE PRICE CONTROL (GENERAL) (AMENDMENT)
(NO.18) REGULATIONS, 2009

NOTICE

The public is hereby advised that effective Thursday,
29 October 2009, the Honourable Minister of Labour
and Social Development has approved prices for the
following breadbasket commodities:

1. Flour
2. Sugar

Barbara A, Burrows
Permanent Secretary


Dear wealth manager, are

you motivated by budgets,

sales targets and discre-

tionary bonuses? If so, EFG

Bank & Trust (Bahamas) Ltd

is probably not the wealth

manager for you.

The essence of wealth management is rela-
tionships; we create the conditions for them to
flourish. Our wealth managers serve clients as
they see fit, free from budgets, sales targets and
arbitrary remuneration. Treated as professionals,
they are empowered to run a business and re-
warded on their profit contribution. Appealing?
At EFG, we're looking for a different kind of
wealth manager: a client-centred entrepreneur.
Fans of internal bureaucracy need not apply.


Practitioners of the craft of wealth management


EFG 1 Bank & Trust (Bahamas) Ltd



If you are interested in joining a wealth manager unlike any other, please get in
touch with Steve Mackey, CEO, EFG Caribbean * T 1 242 502 5400 * F 1 242 393 1161 *
steve.mackey@efgbank.com
EFG Bank & Trust (Bahamas) Ltd is part of EFG International, which operates in 55
locations in over 30 countries * www.efginternational.com


COMMONWEALTH BREWERY LTD










Assistant Engilneerilng Manager


An (opporLLun 1 t awaitq a cadidate who hh," ihe abil ity to assist wiAlthIe.
coordination of all criginccring and maintenancc functions, including but noA
limited to,

The bu ilding and ihc en'� ironmen!
P~aAag Iiig and Brewing equ ipment
1h :(61]icisequ~ipment - e&ccciiai distributi-Hn air compre~wi ni d dis.irihutimn,
Cb2 recovery eq Ui plenty. ammonia cooling eq u ipine n! and RO water
%y~cr kubolcr etpiiprcntn, wastc watcr 7r~atmenI plant
Management of the workshop and the execution of planned anid preventative
MRIn~tcwlncc pmingam.
Dlag iozI ing eqjulprIeint malfuociions as necessary.
* F-vaIu~aing the m2 i rn1ancir performnlwc in higher atrca of r~pnnsibility,
c pili grepor- and effectively using performance data-
*Maiintaining technical integrity of plant to attain production taxgcts and
keep abreast with latest technolopzi I cladvancements.

The ideal carididole sholid have a B~achelor's Degmu In E~ini unriniior Equ I vaknt.
strong Elecirical & Mechanica1lEngineering cxperiecrlcc;ck&rniistratCcPro'k;LCR.y
in Microsoft word. excel and L roable 4b(KKtifglonpI.ir, with gtx] or~unizatitmal a rnd
communication skills. EhKv-ricncc in the production industry an-d knowledge of
PLC'N would bea pi .

AtIinrie1Tstedp~ennrnnare asked to faxr rumes to (242) 302-2939


Rt. Hon. Hubert A. Ingraham


PROCLAMATION

WHEREAS, it has been customary for societies to establish
institutions to house persons convicted of breaking the law, and
who are deemed to be a risk to public safety and good order;

AND WHEREAS, it is now universally accepted that the
role of incarceration extends beyond detention of offenders to
encompass rehabilitation and the provision of opportunities for
education, training and skills development that would assist their
reintegration into society when they are released from prison;

AND WHEREAS, Her Majesty's Prison is undergoing a
major shift in its philosophy on the treatment and management
of offenders, from punitive action and custody, to correction and
self improvement;

AND WHEREAS, the development of a well-respected,
well-trained, well-equipped, diversified and highly-motivated
corps of Officers is essential to the process of prison reform;

AND WHEREAS, Her Majesty's Prison has organized a
week of activities underthe theme "Understanding the Mission,
Embracing the Vision," to highlight the contribution that Her
Majesty's Prison and its Officers make towards the safety,
security and maintenance of good order in The Bahamas;

NOW, THEREFORE, I, HubertA. Ingraham, Prime Minister
of the Commonwealth of The Bahamas, do hereby proclaim
the week 25th to 31st October, 2009 "PRISON SERVICE
RECOGNITION WEEK".

IN WITNESS WHEREOF,
I have hereunto set my
Hand and Seal this 23rd.
day of August, 2009



HUBERT A. INGRAHAM
PRIME MINISTER


FRIDAY, OCTOBER 30,2009, PAGE 7B


THE TRIBUNE






PAGESIES IB RDY COE 3,20 H RBN


FROM page 2B

loans, the more critical cate-
gory, because these are 90
days past due and stop
accruing interest, the Cen-
tral Bank said these
increased by $34.5 million or
6.9 per cent to $535.5 mil-
lion. The latter figure
accounted for 8.8 per cent of
total loans, a 0.54 per cent
rise in August.
"The most significant
growth in delinquencies was
noted in the mortgage cate-
gory, registering an advance
of $40.3 million (10.2 per
cent) to $436.4 million, and
reflecting gains in the 31-90
day and non-performing seg-
ments, of $28.9 million and
$11.4 million respectively,"
the Central Bank said.
"Consumer delinquencies
expanded by $14.2 million
(5 per cent), comprising


accretions in the short-term
arrears ($10.5 million) and
non-performing ($3.7 mil-
lion) categories.
"Commercial arrears
expanded by $6.2 million.
However, as the average age
of delinquencies increased,
the non-performing portion
moved higher by $19.4 mil-
lion, overshadowing the
$13.2 million decline in the
31-90 day component."
As a result, Bahamian
commercial banks expand-
ed their loan loss provisions
by $5 million or 2.4 per cent
to $210.2 million for the
year-to-date. However, due
to the fact that mortgages
accounted for a significant
part of the loan defaults, and
these were collateralised by
physical assets such as real
estate, the provisions rise
lagged the decline in loan
quality.


Legal Notice
NOTICE

NOTICE IS HEREBY GIVEN as follows:
(a) SAYO OVERSEAS LTD. is in dissolution under the provisions of the
International Business Companies Act 2000.
(b) The Dissolution of said Company commenced on October 29, 2009 when
its Articles of Dissolution were submitted and registered by the Registrar
General.
(c) The Liquidator of the said company is Lakeisha Collie of 2nd Terrace
West, Centreville, Nassau, Bahamas.
(d) All persons having Claims against the above-named Company are required
on or before the 27th day of Novemeber, 2009 to send their names and addresses
and particulars of their debts or claims to the Liquidator of the company or, in
default thereof, they may be excluded from the benefit of any distribution
made before such debts are proved.
OCTOBER 30, 2009
LAKEISHA COLLIE
LIQUIDATOR OF THE ABOVE-NAMED COMPANY



Legal Notice
NOTICE
THE SOMAS POINT INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE

LOVATENS INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 9th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.





ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
ONE WORLD HOLDINGS LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Cruise spending rises



70% to hit $246.1m


FROM page 1B


cruise industry's job and
wages impact, the study said.
Some 60 per cent of the total
employment impact was cre-
ated in sectors that did busi-
ness with the cruise industry.
"Because of the relatively
higher wages in the transport
sector compared to the other
sectors of the economy, the
transport sector accounts for
35 per cent of the wage


impacts but only 22 per cent
of the employment impacts,"
the study said.
Total cruise passenger
spending in the Bahamas in
2008-2009 was estimated at
$169.491 million by the FCCA
study, and crew spending at
$28.027 million.
Purchases in categories
such as Bahamian crafts and
food and beverage rose, the
survey said, although it fell in
areas such as clothing and
shore excursions.


Legal Notice
NOTICE

NOTICE IS HEREBY GIVEN as follows:
(a) PALESTRA OVERSEAS LIMITED. is in dissolution under the
provisions of the International Business Companies Act 2000.
(b) The Dissolution of said Company commenced on October 29, 2009 when
its Articles of Dissolution were submitted and registered by the Registrar
General.
(c) The Liquidator of the said company is Lakeisha Collie of 2nd Terrace
West, Centreville, Nassau, Bahamas.
(d) All persons having Claims against the above-named Company are required
on or before the 27th day of Novemeber, 2009 to send their names and addresses
and particulars of their debts or claims to the Liquidator of the company or, in
default thereof, they may be excluded from the benefit of any distribution
made before such debts are proved.
OCTOBER 30, 2009
LAKEISHA COLLIE
LIQUIDATOR OF THE ABOVE-NAMED COMPANY



Legal Notice
NOTICE
YAT SING CO. LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
GLOBAL HOPE LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
VALUE-ADDED GLOBAL INVESTOR INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


On the crew side, the
FCCA-commissioned study
added: "As an example, in the
2006 study 16 per cent of crew
reported making an average
purchase of $32.309 for food
and beverages. This increased
to 66 per cent reporting an
average expenditure of $35.80


at restaurants and bars in the
current study."
When it came to rating the
Bahamas, the areas in which
cruise passengers favoured
this nation the least was over-
all prices and the likelihood
they would make a return vis-
it.


* Applicant must have 5 years
experience in managing kitchen and
inventory,
* Must be creative in menu planning.
* Applicant must be willing to live on a
small island and must be single.
* Room and board will be included.


All interested parties please contact
Sea Spray
Resort & Marina,
White Sound, Hope Town Abaco,
Bahamas
at telephone number
1-242-366-0065
between 8a.m. and 5p.m. daily.



Legal Notice
NOTICE
IBIZA ASSETS LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
CAWNPORE COMPANY LIMITED
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
PIPPO INVESTMENTS LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 27th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. O. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


IODSCUSS STOIS ON THIS PAG LO NTSW.RIUE4.O


PAGE 8B, FRIDAY, OCTOBER 30,2009


THE TRIBUNE






THE TRIBUNE FRIDAY, OCTOBER 30, 2009, PAGE 9B


Less than 50% of cruise



visitors buy local tours


FROM page 1B


the Bahamas and eight other
Caribbean destinations.
The FCCA survey also
found that the average per
capital cruise passenger spend
in the Bahamas, of $83.93,
based on 2.019 million pas-
sengers coming ashore to
spend a cumulative $169.5
million in 2008-2009, was
below the regional average of


$97.63 per head.
The Bahamas was signifi-
cantly below the $193.22 and
$147.987 per capital spending
seen by cruise passengers in
the US Virgin Islands and St
Maarten, for example.
When it came to spending
by cruise line crews in the
Bahamas, this nation also
ranked below the regional
average for per capital spend-
ing in Nassau and Freeport,
standing at $77.95 compared
to $89.24.


Legal Notice
NOTICE
RAJNI VALLEY LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
BAOBAY DEVELOPMENT INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
OCTOBEM SALUTE LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
DECEMBER TWENTY FOUR LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


"Crew visiting the Bahamas
spent an estimated $28 mil-
lion," the FCCA study said.
"A total of 359,600 crew were
estimated to have made an
onshore visit during the 2008-
2009 cruise year, and spent an
average of $77.95 per visit.
Crew expenditures were con-
centrated in entertainment
venues and restaurants and
bars."
However, the survey found
that the Bahamas earned the
most from the cruise lines


themselves, reeling in $48.5
million in 2008-2009 from port
fees, local supplies and pas-
senger departure taxes.
"The Bahamas had the
highest total expenditures by
cruise lines among the 29 par-
ticipating destinations, $48.5
million," the FCCA survey
found. "The expenditures by
cruise lines in the Bahamas
was concentrated in port fees
and services, which accounted
for over 98 per cent of total
cruise expenditures."


Legal Notice
NOTICE
THUMBBALL VALLEY LIMITED
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
ZEALIA VALLEY INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
JDAW LIMITED
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
CHARLOTTE RIDGE GROUP LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
CLEMENTINA FIRST INVESTMENT INC.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
TEDDI MOUNTAIN CORP.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
SHIP AHOY LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
MANCHESTERVILLE LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced
on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


Legal Notice
NOTICE
RINGS OF STATURNE LTD.
(In Voluntary Liquidation)



Notice is hereby given that the above-named
Company is in dissolution, which commenced


I ODSCUS SORESON HI PGELOGONTOWW.TIBUE22CO0


on the 28th day of October 2009. The Liquidator
is Argosa Corp. Inc., P. 0. Box N-7757 Nassau,
Bahamas.






ARGOSA CORP. INC.
(Liquidator)


FRIDAY, OCTOBER 30,2009, PAGE 9B


THE TRIBUNE





THE TRIBUNE


FRIDAY, OCTOBER 30, 2009, PAGE 11B


AutoNation posts





profit in Q3


By MICHAEL
FELBERBAUM
AP Business Writer


RICHMOND, Va. (AP) -
AutoNation Inc., the nation's
largest automotive retailer,
said Thursday it made money
in the third quarter as lower
costs and a boost from the
Cash for Clunkers pro-
gramme helped it recover
from a loss in the year-ago
period.
Automakers got a lift from
clunkers, which spurred sales
of nearly 700,000 new vehi-
cles during the summer
months. Big rebates lured in
many buyers who otherwise
would have waited until later
in the year to walk into deal-
erships.
AutoNation, which owns
about 245 new-vehicle fran-
chises in 15 states, previously
said it sold 13,000 vehicles
during the programme.
CEO Mike Jackson said the
programme was a signal to
consumers that it was safe to
begin to buy again.
"It was like a government
seal of approval, like it's safe
to come into the marketplace
and buy a vehicle, that we're
over the abyss we were star-
ing into for six months or nine
months where everybody was
scared to death whether
Armageddon was finally
here," Jackson said in an
interview with The Associat-
ed Press.


The programme, Jackson
said, was a shot in the arm for
the industry, helped restart
manufacturing, cleared off car
lots and brought the system
back to life.
"It's like a clean slate, so
while we're still at a very low
level, all these things give me
optimism for the future,"
Jackson said. "We're at the
absolute bottom of the cycle
and we're looking at four,
five, six years of growth com-
ing up from a very low lev-
el."
Still automakers saw a Cash
for Clunkers hangover in Sep-
tember, pushing down sales
41 per cent from August and
leaving the industry search-
ing for signs of a recovery in
October, when industry esti-
mates expect sales to improve.
The company, based in Fort
Lauderdale, Florida, said it
earned $65 million, or 36
cents per share, in the three
months ended September 30.
It lost $1.41 billion, or $7.99
per share, due to big asset
write-downs in the same quar-
ter last year.
AutoNation said sales fell
13 per cent to $2.92 billion
from $3.36 billion a year ago,
but said its new vehicle unit
sales decline was in line with
industry figures from CNW
Research. Jackson said the
clunkers program boosted the
company's bottom line by sev-
en cents per share.
Analysts surveyed by


Thomson Reuters expected
the company to earn 35 cents
per share on $3.13 billion in
sales.
Its shares rose 9 cents to
$18.18 in afternoon trading
Thursday.
For the quarter, the com-
pany said domestic segment
income was $34 million com-
pared with $25 million in the
year-ago period, with a 11 per
cent decline in new vehicle
sales. Income from imported
vehicles rose to $63 million
from $52 million last year,
with an 12 per cent drop in
new vehicle sales.
Premium luxury income
was $44 million compared
with $43 million a year ago,
with a 19 per cent slip in new
vehicle sales.
AutoNation said its domes-
tic and import segments ben-
efited most from the clunkers
programme.
The automotive retailer's
expenses fell about 10 per
cent to $380 million compared
with the year-ago period.
AutoNation also said its
board has approved an
increase of capital investment
to $150 million for 2010 and
authorized an additional $250
million in stock buybacks.
The company also
announced earlier this week
that it plans to complete the
acquisition of Honda and
Acura dealerships in Wash-
ington State by the end of the
year.


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~UBS


THE WEATHER REPORT (BAHAMAS) LIMITED
THE WEATHER REPORT Odn INSURANCE BROKERS & AGENTS


I V INDX ODY


15A FOECS TODA TOIGH SATRDA SUDA MODY TUSA


ORLANDO
High: 8e0 F/30* C
Low: 69oF/21 oC ~

TAMPA
High: 90o F/320 C
Low: 73oF/230 C


.3 _ 14 16 012345678910 l1
"-all"",LOW MODERATE HIGH V. HIGH EXT.
Mostly sunny and Clear to partly cloudy Partly sunny and Partly sunny Partial sunshine Partly sunny, a The higherthe AccuWeather UV Indexm number, the
nice warm t-storm possible greater the need for eye and skin protection
High: 85� High: 85� High: 82� High: 84o
Hi h: 87o Low: 73� Low: 73o Low: 750 Low: 72o Low: 72o
I 99 F I I 72 F I I 8577 F I I 8982 F 9176I I 95-77 F I High Ht.(ft.) Low Ht.(ft.)
The exclusive AccuWeather RealFeel Temperature� is an Index that combines the effects of temperature, win hI, .i lt .... : .t: .-.t loudiness, precipitation, pressure
and elevation on the human body-everything that effects how warm or cold a person feels -... -. .... .- ... I the low for the day Today 4 47 a m 2 8 11 05 a m 0 7


Av
t 8-16 knots
. WEST PALM BEACH
High:87�*F/31*C
Low:750F/24�0C


FT. LAUDERDALE
High:88*F/31*C C
Low:78*�F/26*C

QMIAMI
High: 88*F/31*C
,'.. ,- Low: 760 F/240 C


KEY WEST
High: 88*F/31 *C
Low: 78oF/2600C
a.


7-14 knots


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


ABACO A
High: 86*�F/30*�C V 9
Low: 700 F/210C
Sv


10-20 knots


FREEPORT
High: 86*�F/30* C
Low: 70F/21oC


NASSAU
High:87*F/31*C
S ".z Low: 730 F/23�0C


A



-.., . 7-14 knots
ANDROS
High: 89* F/32* C
Low: 74* F/23* C


Statistics are for Nassau through 2 p m yesterday
Temperature
High 900 F/320 C
Low 79� F/26� C
Normal high 83� F/28� C
Normal low 72� F/22� C
Last year's high 79� F/26� C
Last year's low 650 F/180 C
Precipitation
As of 2 p m yesterday 0 00"
Year to date 32 02"
Normal year to date 45 82"


ELEUTHERA
High: 88* F/31* C
Low: 74� F/23� C


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


.. .. CAT ISLAND
High: 860 F/30 *C
Low: 71o F/22�C


GREAT EXUMA '"
High: 89* F/32* C
Low:750 F/240 C


LONG ISLAND
High: 89* F/32* C
iL w:- 74o iF/23oo C


I Atlanta
-\ / Highs:7
SPensacola(
Highs :-80OF
30'

Tampa
Highs:

25

Hava
High:

20 u r
20 Cozum
Highs
* Belize
Highs:48
15


* e Cape Hatteras
Charlotte * Highs: 73�F/23G , hown is today's
* High'sI70oF/21oC rmuda weather. Temperatures
Casnb�ermuda
74/FI23�C * Charleston .Highs: 74F/23 re today's highs and
S ,, .Highs... 7 /6 C , tonight's lows.
Savannah ;
F/27�C Highs: 78�F/26�C "
Daytona Beach
*,Highs: 82�F/28�C
S * Freeport
:90OF/32oCL Highs. 86�F/30�C
Miami *sau
Highs,:.8 ,8.2F31C / sh:u87FI31C

na * -"" '
s:88�F/31�C "
- - Santiago de Cuba *
Highs: 86�F/30�C
mel * Port-au-Prince San Juan
e Highsl: 91�F/33C San Juan
:87�F/31�C anta H Highs: 87,F/31 C
" A * * Santa - , - -^,Antigua
k-kk k k k - Kingston Domingo -Highs: 87�F/31�C
7F/31:C Highs: 87�F/31�C Highs: 86�F/30'C , g.:- '

- Barbados
� Aruba Curacao HIighs: 87�F/31�C


kV vanagia- Highs: 90' F32 C
.Highs: 9'-OF432C /o . - Trinidad
" "O_ -3 / - Tobago
1* Highs: 89�F/32�C
10 Limon_ k . . Caracas
Highs: 81�F/27'70. anahma City Highs: 90�F/320 h 8 F12
. \. . >. >. . g H'g84-4 F/29 C^ .
'ghs084High:0C001

" 85 80 75 )7q0 65 0 55
Warm Cold Stationary Showers Rain T-storms Flurries Snow
V T-^-~-^^ T~A T * * * * .^


50
Ice


5bU1 pm 27 11 13pm U4
Saturday 5 29 am 30 11 50 am 06
543pm 27 1152pm 03
Sunday 611am 32 1234pm 03
6 25 pm 27 -----
Monday 652am 34 1232am 00
707ppm 27 118pm 01
Tuesday 735am 35 112am 00
751pm 27 203pm 01
Wednesday 20 am 35 1 55 a m -01
8365pm 27 249pm 01
Thursday 9 07 a m 35 2 41 am -0 1
926pm 26 338pm 01

SON A I MONI


Sunrise 716 am Moonrise
Sunset 6 31 p m Moonset


4 21 pm
411 am


Full Last New First


Nov. 2 Nov. 9 Nov. 16 Nov. 24
SAN SALVADOR
High: 87* F/31* C
Low: 72� F/22�C

A4
�- -oi 0
V


7-14 k


CROOKED ISLAND/ACKLINS
High: 92*�F/33* C
RAGGED ISLAND Low: 75 F/24 C
High: 890 F/320 C
Low:720F/220C


knots
MIAYAGUANA
High: 90* F/32* C
Low: 72oF/220 C


GREAT INAGUA \\\
High: 91 *F/33� C
Low: 740F/230C


'f8-


A


8-16 knots


8-16 knots


WINDS WAVES VISIBILITY WATER TEMPS.
ABACO Today NE at 10-20 Knots 3-6 Feet 10 Miles 820 F
Saturday E at 7-14 Knots 5-9 Feet 10 Miles 820 F
ANDROS Today E at 7-14 Knots 1-3 Feet 10 Miles 830 F
Saturday ENE at 8-16 Knots 1-3 Feet 10 Miles 830 F
CAT ISLAND Today NE at 7-14 Knots 1-3 Feet 10 Miles 830 F
Saturday E at 7-14 Knots 4-7 Feet 10 Miles 830 F
CROOKED ISLAND Today ENE at 8-16 Knots 2-4 Feet 10 Miles 840 F
Saturday ENE at 7-14 Knots 1-3 Feet 10 Miles 840 F
ELEUTHERA Today NE at 8-16 Knots 2-4 Feet 10 Miles 830 F
Saturday E at 7-14 Knots 4-7 Feet 10 Miles 830 F
FREEPORT Today ENE at 8-16 Knots 1-3 Feet 10 Miles 830 F
Saturday E at 6-12 Knots 3-5 Feet 10 Miles 830 F
GREAT EXUMA Today NE at 7-14 Knots 1-2 Feet 10 Miles 83� F
Saturday ENE at 7-14 Knots 1-2 Feet 10 Miles 830 F
GREAT INAGUA Today ENE at 8-16 Knots 2-4 Feet 10 Miles 840 F
Saturday ENE at 7-14 Knots 1-3 Feet 10 Miles 840 F
LONG ISLAND Today ENE at 7-14 Knots 1-2 Feet 10 Miles 840 F
Saturday ENE at 7-14 Knots 1-2 Feet 10 Miles 840 F
MAYAGUANA Today NE at 7-14 Knots 3-5 Feet 10 Miles 830 F
Saturday ENE at 7-14 Knots 4-7 Feet 10 Miles 840 F
NASSAU Today NE at 7-14 Knots 1-2 Feet 10 Miles 830 F
Saturday E at 7-14 Knots 1-3 Feet 10 Miles 830 F
SAN SALVADOR Today NE at 8-16 Knots 2-4 Feet 10 Miles 840 F
Saturday ENE at 7-14 Knots 1-3 Feet 10 Miles 840 F
RAGGED ISLAND Today NE at 7-14 Knots 1-2 Feet 10 Miles 830 F
Saturday E at 7-14 Knots 2-4 Feet 10 Miles 830 F


' uf INSURANCE MANAGEMENT

u S. J . (BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS


ITDISCS TRE NTIS PAG LOG N0TO WW.TIBUE22CO0


7-14 knots


BUSINESS


.. 1- Y 0 L I &', U s I


i


I INSURANCE MANAGIVIENT TRACKING MAP I




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