The Tribune.
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00084249/02857
 Material Information
Title: The Tribune.
Uniform Title: Tribune. (Nassau, Bahamas).
Alternate Title: Nassau tribune
Physical Description: v. : ill. ; 58 cm.
Language: English
Publisher: Tribune
Publication Date: 3/30/2007
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_02857
System ID: UF00084249:02857

Full Text

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The Tribune


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Volume: 103 No.108 FRIDAY, MARCH 30, 2007 PRICE 750

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uest : concerns raise

Howard K Stern's lawyer

questions constitutionality

of the Coroner's Court

Tribune Staff Reporters
THE INQUEST into the
death of Daniel Smith could
come to a screeching halt just
days after it started as Howard
K Stem's lawyer has questioned
the constitutionality of the
Coroner's Court.
After two days of closed ses-
sions, the legal wrangling over
the inquest into Daniel's death
continued yesterday with Mr
Stern's lawyer, Anthony McK-
inney, stating that a constitu-
tional point has been raised in
this case because there is no
provision in the Coroner's Act
to ensure the selection of an

Recent violence
leaves one dead,
four in hospital
Tribune Staff Reporter
-VIOLENCE continued to
rage through New Providence
over the last three days which
has seen two more shootings, a
stabbing attack, and an attack in
which the victim was both
stabbed and shot.
The savage skirmishes have
left one dead and four in hospi-
The first incident occurred on
Tuesday, in a Bellot Road
home. Police report that a 22-
year-old man was hit in the
SEE page 12

impartial jury.
Addressing Chief Magistrate
Roger Gomez, who is presid-
ing over the inquest, Mr McK-
inney said he has filed an appli-
cation with the Supreme Court
to examine the exact nature of
the Coroner's Act.
In the application Mr McK-
inney is also alternatively asking
the Supreme Court to revise the
provisions of the Coroner's Act
in such a way that would allow
lawyers to question potential
jurors to determine their impar-
Mr Stern's lawyer said he is
asking the Supreme Court to
issue directions to the Coroner's
SEE page 10

Health is in the consultation
phase of a process that may
result in the ban of smoking
in all enclosed public places
throughout the Bahamas.
The potential ban is a part
of a comprehensive overhaul
of the regulations relating to
the sale, distribution and use
of tobacco products in the
country. In June 2004 the
Bahamas signed the World
Health Organisation Frame-
work on Tobacco Control
(WHO FCTC), which is the
SEE page 10

BIRD watcher Paul
Dean shows Prime Min-
ister Perri Christie some
birds yesterday at the
nev Harrold and Wilson
Ponds National Park
(Photo: Felipe Major/
Tribune staff
Tribune Staff
A FLAGSHIP national
park for New Providence
was formally opened yes-
terday by Prime Minister
Perry Christie.
The 250-acre Harrold
and Wilson's Ponds park
is not publicly accessible
in its entirety at this stage,
but the first 350 feet of an
impressive wooden
boardwalk and observa-
tion deck were unveiled,
marking what the Direc-
tor of the Bahamas
National Trust, Eric
Carey, called "the begin-
ning of a realisation of a
The boardwalk -
adjacent to the entrance
of Island Gas at Fire Trail
Road allows visitors to
head towards the heart of
the park, through marsh-
es and wetlands to expe-
rience a scenic site that
bird experts have deter-
mined to be the country's
largest roosting site for
resident and migratory
avian species.
SEE page 12

PLP, FNM both
claim that boundary
changes 'guarantee
their victory'
Chief Reporter
WITH nearly a week of leg-
work behind them after the
announcement of the boundary
changes in New Providence, FNM
and PLP campaign generals both
claim that the divisions suit them
just fine and actually guarantee
their victory when the elections
are called.
A PLP general who spoke to
The Tribune yesterday said that
the 2007 boundary cuts were the
result of the "most strategic elec-
tion planning in decades."
As could be expected, the
SEE page 10

out at PLP
Tribune Staff Reporter
THE PLP has planned and
designed a campaign that con-
sists of twisted half-truths, exag-
gerations and distortions, said
opposition leader Hubert Ingra-
ham last night as he presented
the FNM's slate of candidates
for the 2007 general election.
This week, the Progressive
Liberal Party officially
announced its slate of candi-
dates for the upcoming general
The governing party will be
SEE page 12

has not yet ruled
out running as
GEORGE Smith has con-
firmed that he has not yet ruled
out running as an independent
candidate for the Exuma con-
stituency in the general election.
Mr Smith spoke to The Tri-
bune yesterday in response to a
story in The Punch, which stated
that Rev Charles Saunders is
one of the individuals urging
him to run. Mr Smith said he is
saddened that Rev Saunders has
been drawn into the political
arena by the paper.
"What saddens me greatly is
SEE page 12

Minister 'disappointed' with ambassador's airport comments

IN A statement released last night, Minister
of Transport and Aviation Glenys Hanna-Martin
expressed disappointment with US Ambassador
John Food's comments on security at the Lynden
Pindling International Airport.
The statement said the minister was disap-
pointed that the outgoing ambassador "found it
opportune and or appropriate to publicly pro-
nounce upon the issue of airport security on a
repeated basis, when he is or ought to be very
much aware that there has been established an

active task force, on which his office is repre-
sented and which is seeking to address in good
faith any perceived weakness in airport security".
The statement went on to say that the Min-
istry of Transport and Aviation "has been
engaged in continued dialogue with the Transport
and Security Administration, which has docu-
mented its findings and has outlined recom-
mended improvements. That agency, which we
SEE page 12

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Ingraham hitsI George Smith


New museum set to open

and Towis
view the
crab habitat

N NET1IE shows MsWalkine the rnck oven

(Photos: Derek Smith)


South Beach Headquarters


by The Rt. Hon. Hubert A. Ingraham

East St. South &
Zion Boulevard
March 30, 2007
Time: 7.00pm.

Phenton (.



Focus on tradition and history

A NEW museum dedicated
to Bahamian history and her-
itage is set to open in the capi-
Nettica Symonette or Net-
tie, as most people know her is
well known as a visionary. She
has now devised a unique con-
cept and turned it into a busi-
ness project with an education-
al purpose.
Her latest idea is to open a
new museum, called "Nettie's
Different of Nassau".
Nettie said that after much'
soul-searching, she decided to
initiate a unique and authentic
project to teach and preserve
Bahamian culture, through a
native museum of indigenous
products and practices some-
thing to educate young Bahami-
ans about themselves and instill
pride for the many talents their
ancestors possessed.
She envisions the museum
also as something to teach visi-
tors and adult Bahamians what
they mnay not already know
.about Bahamian history and
Neltie's Different of Nassau
is currently being constructed
on the Casuarinas property, at
the site of the quaint Nettie's
Place hotel in Cable Beach.
It is being built just as Nettie
dreamed it, mostly by the hands
of her son Wellie (Wellington).
Nettie's Different of Nassau
will be "that special place in the
Bahamas whether you like
Nettie or not that will make all
Bahamians feel proud," said
Originally plhinnied to occupy

Family guardian's calendar photo contest

a celebration of nature

14 winning entries will appear in Family Guardian's 2008 calendar.
Winning entries receive a gift certificate valued at $400 each.
Entry deadline Is May 31, 2001

1 Family Guardian's Annual Calendar Photo Contest is open to all pletograplters. The title for the company's 2008 calendar will be
"A CELEBRATION OF NATURE." Photographs may be of any subject (animate or inanimate) or a scene which is a striking example of nature as found in
The Bahama Islands. All photographs must be taken in The Bahamas.
3 All enies are to be delivered to Family Guardian's Corporate Centre, VllWage and Eastern Road Reeadabmot, Nassau, between 9:00am and 5:00pm
iweedays only. Envelopes should be marked "Calendar Contest."
4 AN entries must be accompanied by an official entry orm, available at any Family Guardian office or when published in the newspapers.
5 Only colour images In horizontal format will be considered. Images must be provided as 35mm film or digital images on CD. 35mm film can be positive
(sMes) or els r negalves. Digital images must be e Mgh quality (211 x 21t pixels or larger). gitalt Images showing any signs of photo manipulation,
mIeselnlon emancmeu or compression will be rteeted. To ensure the best colour reproduction, digital images should be supplied in RAW, TIFF of high quality JPEG
and in the original colour format the camera uses (LAB or RGB). AN entries must be supplied with prints which will be used In the judging process.
(Note: prints submitted without 35mm slides or negatives or CD's will not be eligible). The photographer's name and photo subject should
be written on the reverse of the print.
Judging of entries will be based on beauty, interest, composition, colour, originality and quality of photograph. Preference will be given to fauna photographed in its
natural state, rather than in captivity. The photographs selected will appear in Family Guardian's 2008 calendar. The decision of the judges will be final.
7 AN entries are submitted at the owner's risk. It is the company's intention to return all entries in their original condition. However, Family Guardian
will assume no liability for any loss, damage or deterioration.
I A gi ctlNcatovale at $4M will be presented for each of the photographs selected. More than one entry front a single photographer may be selected.
Photographic credits will be given in the calendar The member of entries per photographer Is limited to a maximum of 5 photos.
I. The winning photographs, along with all publication and reproduction rights attached thereto, become the property of Family Guardian and thie company
reserves the right to use such in the future.
10 Employees of Family Guardian. its affiliated companies or family members are not eligible.
it Previousiv published phntns are not eligible.

Fa Gmeans NAME...:
I TEL BU SIN ESS ...... ............. .................... HOM E ...........................................
P.O BOX ......... ...........STR EET ADDR ESS ......... ...................................................
S IG N A TU R E .......................................................................
-.-1. I DATE ................................NUMBER OF PHOTOS ENTERED ..................(maximum of 5)
I agree th n he ev thatoneor more of my entered lpioltqapils is selected as a winner in the 2008 Family
Guardian Calendar Photo Contesl it wl become thr properly of Fan* Guardian insurant.e Co Lid., and
I assign to Family Guaitan all rights pe rta ining to s se in at y way whatsoever I also conlirm that the
photos entered in this contest were lken in The Bahamas by lthe undersigned and have not been
INE 1os p&AlCshed.
CaledarContest, Family GuardinF
Corpate Cente, Vilage & Eastern oadN I
loundaboit, Nassau, Bahamrs NINSURAN CE I
WHAmm mmIN AYmmmmmNUP.OIi J

only a small section of an exist-
ing structure and intended to
be indoors only Nettie's muse-
um concept has expanded to fill
almost all of her property to the
west of Nettie's Place, where
she will plant a farm of native
trees including pigeon pea,
lignum vitae, juju, guinep,
tamarind, mango, soursop, gua-
va and avocado.
"The trees will be labelled,
so kids and visitors can learn
how to identify them," she said.
Also a feature of the native
museum is an assortment of
Bahamian relics which Nettie
has already secured and dis-
played for walking tours: old
tools, furniture and utensils -
including a sewing machine, a
coal stove, teapots, a church
bell, Lucayan pottery, a flit gun,
a rocking chair' enamel china'
basins' and an old Wheelbarrow
- are some of the items show-
As you enter the museum,
one of the first things you
encounter is the selection of
Bahamian artifacts: a seashell
collection, handmade dolls (by
Nettie's own daughter), and a
wall display of Bahamian bush
medicines including love vine,
fever grass, cerasee, Madeira,
aloes, gumallame, baygerine,
sailor cap and more.
On the outside, visitors will
find a rock oven, the beginnings
of a crab habitat with flowing
water, maypoles for plaiting, a
greasy pole for climbing, a
school bus being converted into
a diner and a brown bag lunch
Nettie, in her colorful and
creative way, has also created
a series of short stories for sto-
ry-telling sessions at the muse-
um which are based on the
names of native medicinal
She calls her creative writings
the Bush Tea Stories as they
are derived from abstract paint-
ings which represent an array
of bush teas.
Nettie said she hopes that she
will be able to work with the
Ministry of Tourism to offer this
innovative and historical muse-
um as a leading attraction for
the Bahamas' many tourists.
Three target audiences for
the project will likely include
visitors (largely African-Amer-
ican, academics and wedding
consultants); Bahamian youths
and the broader Bahamian pub-
lic, who may wish to book their
special events, concerts or oth-
er activities in the Nettie's Dif-
ferent of Nassau amphitheater.

OIn brief

Police 'fairly
Woolmer was

A SENIOR police official
said Wednesday he was
"pretty confident" that Pak-
istan cricket coach Bob
Woolmer was the victim of a
homicide in his hotel room
and rejected media reports
that a second autopsy was
planned to clear up doubts
about the cause of death,
according to Associated Press.
"I'm pretty confident based
on the information that is in
front of me, but nothing in
this line of work is 100 per
cent," Deputy Police Com-
missioner Mark Shields told
The Associated Press in an
interview. "What we need to
do is look at the facts and go
with those."
Woolmer, 58, was found
unconscious in his Kingston
hotel room March 18 and
pronounced dead at a hospi-
tal, the morning after his
team's surprising elimination
from the cricket World Cup
in a loss to Ireland on St
Patrick's Day.
A pathologist who con-
ducted Woolmer's autopsy
initially ruled his death was
"inconclusive" but four days
later announced he was stran-
gled to death. Police have not
identified suspects but have
said they are investigating if
international match-fixing
was a motive.
Several British media out-
lets reported Wednesday that
Jamaican authorities had
ordered a second autopsy to
determine if Woolmer may
have died of natural causes,
but Shields, a former Scot-
land Yard detective, denied
such plans were being con-
He said police are still
treating Woolmer's death as a
homicide but will "keep an
open mind" about what hap-
pened until all the facts are in,
including pending results of
toxicology and blood tests.

poultry tested
in Guyana

HEALTH authorities are
testing a shipment of poultry
feed from France that may
be tainted with salmonella,
the Guyana government said
Wednesday, according to
Associated Press.
Agriculture Minister
Robert Persaud said French
officials had warned the ship-
ment of roughly 815 metric
tons of soy-based feed
shipped to the South Ameri-
can country might be conta-
The salmonella bacteria
can cause diarrhea, fever,
dehydration, abdominal pain
and vomiting. Serious cases
can result in death.
Persaud said the feed,
which arrived in George-
town's port last week, should
not have been offloaded from
the Bahamas-registered ship.
On Monday, High Court
Judge James Bovell-Drakes
ordered the feed be stored in
the importer's warehouse
while health authorities test

Mld Ms

'Stery Time'


PAGE 2, FRIDAY, MARCH 30, 2007


FRIDAY, MARCH 30, 2007, PAGE 3



0 In brief

GB straw


plea for


Tribune Freeport Reporter
FREEPORT Straw vendors
at the International Bazaar said
that business is terribly slow
there and that their livelihoods
are at stake.
"This is the worst we have
seen it in all our years here and
sadly, nothing is being done to
promote this area," said one
straw vendor, who has been at
the Bazaar for more than 20
The protracted sale of the
Royal Oasis Resort has caused
severe economic hardship for
merchants and straw vendors at
the Bazaar, who relied on busi-
ness from guests at the resort.
Negotiations are now under-
way with the Harcourt Group
for the purchase of the resort
after an initial $40 million deal
with World Holding Investment
fell through.
The vendors said that since
the hotel closed last September,
taxi and tour bus drivers have
been taking tourists to Port
Lucaya telling them the
Bazaar is closed.
Irene Davis, president of the
International Bazaar Straw
Vendors Association, said:
"Our concern is that things are
real slow and we can't meet our
bills. God knows, I don't know
how we are making it."
A vendor of seven years said
the situation is very discourag-
"A lot of times we leave here
without making a dollar, and
the little money we spend on
gas and on lunch, we don't even
make that in a day sometimes,"
she said.
The vendors believe more
needs to be done to promote
the area, and are calling on gov-
ernment for assistance.
- "No one is checking for us
over here," one said.
A vendor, who identified her-
self as Ms Rolle, said she has
been at the Bazaar for more
than 20 years and has never
seen it this bad.
"Since the hotel and casino
closed, many of us have lost
homes, cars, and some of us
can't even pay the rent to keep
our booths open.
"The Minister of Tourism
Obie Wilchcombe has never
walked this ground yet to find
out how things are going down
"But, when Port Lucaya had
problems the other day they'
walked and talked to the ven-
dors down there. What hap-
pened to us? 'Sweet Mouth
Willie' needs to do better," she
The Tribune tried to contact
Mr Wilchcombe for an update
on the impending sale of the
Royal Oasis, but calls were not
returned up to press time.



grant aid to


SURINAME received
US$2.4 million in aid from Chi-
na for economic development,
officials said Wednesday,
according to Associated Press.
Li Changchun, a senior mem-
ber of China's ruling Commu-
nist Party, led a 50-member del-
egation of Chinese public and
private sector officials that
arrived Tuesday in Paramari-
bo, the capital of this South
American country.
President Ronald Venetiaan
did not disclose what the gov-
ernment planned to do with the

Tens of thousands of Chinese
have immigrated to Suriname
since the mid-1800s. In recent
years, the Asian giant has given
military and health aid and
funded the construction of the
Foreign Ministry's main office.


Homebuyers' anguish over

crossfire with developer

FAMILIES who have
bought home lots in a Nassau
sub-division yesterday
appealed for the Ministry of
Works to "stop victimising us"
and grant building permits.
They claim they have been
caught in the crossfire between
the ministry and developer
Joshua Haeward, who is suing
the government for alleged
breach of statutory duty.
The lot buyers claim the min-
istry is deliberately blocking
their development plans
because of the government's
differences with Mr Haeward.
But they say that, as they are
now officially owners of the
lots, there is no reason why
they should become victims of
Mr Haeward's legal battles.
The subdivision in question
lies at the junction of St Vin-
cent Road and Faith Avenue.
Twenty lots fronting the road
have been sold, and four are
now being developed.
But 16 lots, which cost
between $60,000 and $80,000
each, have been "blighted" by
the continuing dispute. One

Families plead for government victimisationn' to stop

buyer has been evicted from
her rented property and now
has no home to go to because
she's unable to make progress
with her plans.
Another buyer, legal execu-
tive Mrs Akera Stubbs, 26, told
The Tribune: "I am now in a
position where I can't get my
plans approved. I am being told
that there is a lawsuit involving
Mr Haeward and that nothing
will be approved until that is
"However, Mr Haeward
doesn't own the land anymore.
This is affecting my livelihood.
I have been calling the ministry
constantly, and now I am very
agitated because I can't get a
favourable response."
Mrs Stubbs and her husband
bought the home lot for
$69,000 to build a rental prop-
erty to generate more income.
Now, she says, they are stuck
with loan repayments with no

assurance that they are going to
be able to proceed with their
She said: "I feel we are being
victimised by the ministry, who
are using us to put pressure on
Mr Haeward. In fact, the law-
suit does not affect any of our
properties at all, it concerns
the ten acres of land behind
She and other buyers are
now considering forming a
group to present a united front
to the ministry.
Another buyer in his twen-
ties who did not wish to be
named said: "I don't know
what the problem is. I am try-
ing to go through the legal
process and just hope some-
thing will work out.
"I am waiting for a build-
ing permit. It is unfair. This
is both my home and an
investment, and I am being
made to wait for reasons that

do not involve me at all."
Mr Haeward, who has been
a developer since the early
1980s, was furious yesterday at
a suggestion by an unnamed
ministry official that he had
failed to obtain land use and
subdivision approval.
"That is completely erro-
neous," he told The Tribune.
He challenged the official to
reveal his or her name and go
"on the record" with their alle-
He said the lot buyers were
being victimised by the gov-
ernment simply because of
their association with him.
He said sales of the 20 lots in
question were all "above
board" and legally endorsed by
Mr Haeward said he is suing
the ministry because they have
allegedly blocked his plans for
the rest of the subdivision for
no good reason.

He believes he is being vic-
timised by the government
because of his parents' FNM
A realtor involved in the
land transactions yesterday crit-
icised the ministry, saying the
litigation was no reason to
"freeze" development plans for
the 20 lots now sold.
"These people are hitting a
brick wall for no reason. Most
are single mothers of modest
means who can't afford to face
this hardship. It is ridiculous.
"Mr Michael Major at the
ministry has said he doesn't like
the way Mr Haeward talks to
him. But this is no reason for
blocking a sub-division. I have
told the ministry that there is
obviously something personal
going on here.
"These buyers have been
told they will have to wait until
the court case is over, but that
could take years."

Protesters were 'tricked' into

taking part in demonstration

* RUNNING out of steam After about half-an-hour of
protesting last Monday, the anti-John Marquis crew seem to
lose some of their enthusiasm in the midday heat

A PROTESTER who joined
last Monday's demonstration
outside The Tribune has
claimed he and his colleagues
were "tricked" into taking part.
The man, who refused to give
his name, said he was one of 15
demonstrators who had been
made certain promises that
were not kept.
"They told us a bunch of
lies," he told The Tribune. "We
were tricked."

Phone: 323-3460
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Newbom Thru Pre-Teen Clothing .. .L


30% off all Winter


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10% off all
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The man added that he and home" while Mr Smith yelled
his friends had no grouse racial abuse.
against The Tribune or its man- Sources revealed this week
aging editor, John Marquis. that the protest was organised
"We don't like what hap- by supporters of former immi-
pened. We don't feel good gration minister Shane Gibson.
about it. Now our faces have all They said the demonstration
been identified on photographs was in response to Mr Marquis's
and we are being blamed for decision to publish photographs
this thing." of Mr Gibson on a bed with the
late reality show star Anna
Sm ith Nicole Smith.
The now famous Tribune
front page, which was used in
A group of 23 protesters led major newspapers all over the
by PLP political activist Ricardo world, forced Mr Gibson to
L :Smith demonstrated outside ~.resign his Cabinet post.
The.Trbimne last Monday wibh ... Police have also been told of
placards calling Mr Marquir- a plot to smear Mr Marquis's
"Satan" and "Lucifer". name %with computer-generat-
'the group chanted "'latiquki ed ga; sex images which were to
gotta go" and "Marquis go have been made into posters.

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PAGE 4, FRIDAY, MARCH 30, 2007



The Tribune Limited
Being Bound to Swear to The Dogmas of No Master

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

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Envoy's remarks on Nassau Airport

US AMBASSADOR John Rood a true
friend of the Bahamas- expected to see the
airport improved to a standard that the US
could have extended its pre-clearance facilities
to private jets.
However, that is no longer possible. In a
farewell address to the media Wednesday,
Ambassador Rood had bad news.
"I wish security at the airport would not
be where it is right now. I wish it was better, I
wish we would have seen improvements in the
past two and a half years and quite honestly we
have not seen any improvements, but govern-
ment right now is very serious about it," he
With security standards at an unsatisfacto-
ry level, the ambassador said, the US will not
be able to introduce pre-clearance for private
aircraft as was planned at this time.
The chatter behind closed doors is that
Bahamians had better pray for a second
Ambassador Rood, who has bent over back-
wards to protect this country, because a less
friendly replacement could recommend -
with the present state of the airport that all
pre-clearance in the Bahamas be cancelled.
The two areas of main concern are security,
and malfunctioning radar, with a new radar
that has never been installed sitting idle for
want of software.
Why should government only now start to
get serious about the airport when Mr Sol
Kerzner was given a solemn promise in 2003 -
that's four years ago by no less a person
than Prime Minister Perry Christie that if Mr
Kerzner went ahead with Phase III at Atlantis,
he would guarantee an airport that would be
the gem of the Caribbean. The first phase of
Phase III is about to open, while the Ambas-
sador says that in the two and a half years that
he has been here, there has been no improve-
ment at the airport. Mr Rood pointed out that
tourists and Bahamians deserve better.
"It's the number one complaint that I get
from Americans leaving the Bahamas, and
unfortunately that is the last thing that they
remember," Mr Rood said.
Possibly his hope for the future is a promise
by government that after much foot drag-
ging it will at last sign the airport manage-
ment contract with Vancouver airport Ser-
vices today. But in the meantime, the Bahamas
is steadily loosing business in its number one
industry and much of that loss can be attrib-
uted to the bad management of the airport.




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The Ministry of Transport recently invited
the FAA to do a technical assessment of the
radar system, of the automation that supports
that system, its overall condition and whether
FAA equipment is compatible with the air-
port's present radar system.
The FAA report has been completed and
delivered to Transport and Aviation Minister
Glenys Hanna-Martin.
In a statement, released late last night in
which Mrs Martin deplores Ambassador Rood
expressing his concerns publicly, she says the
agency that she understands to be responsible
for Homeland Security in the US "has repeat-
edly admonished as to the inadvisability of
discussing port security matters in the media."
The FAA says it will not release the airport
report to the media because government, hav-
ing invited it to do the report, is the only enti-
ty with the right to release it. However, the
FAA made it clear that as the report is not a
classified document it would have no objection
to government making it public.
This is where this country needs a Public
Information Act. This is the people's airport,
and the people are entitled to know how their
airport, which affects their livelihood, is being
managed or mismanaged. It is obviously a
report that will be hidden from them in the
Ministry's confidential files.
.,We understand that the report identifies a
number of shortcomings in management and
oversight deficiencies, in addition to mainte-
nance issues, including making certain that
there is sufficient inventory of spare parts to
quickly repair areas that could go down. It is
also understood that the FAA expects to do a
follow up inspection after government has had
time to absorb the information and deal with
the deficiencies identified.
With such poor performance at the airport,
no wonder US authorities arrested five
Bahamian baggage handlers who landed at
Miami International Airport. It is interesting
that four of the five have confessed to drug-
related offences the very offences for which
they were arrested.
It is understood that five more have been
suspended from duties at the airport two are
awaiting a fiat from the Attorney General's
office to proceed with prosecution, while three
others are still being investigated. The US has
completed its investigations, it will now be
interesting to see how long the Bahamian
process will take.



wider view

on the war

on narcotics

EDITOR, The Tribune

THE statement from the US
Embassy, Queen's Street this
week certainly obscures totally
the reality of the considerable
financial and physical input The
Bahamas commits to trying to
stop illegal drugs flowing into
the massive consumer market
of the US.
It was satisfying that finally
this year that the US Embassy,
Bahamas Narcotics Affairs Offi-
cer, David Foran accepted and
admitted that the majority of
drugs coming through The
Bahamas are destined for the
large consumer market of the
If one looks at our National
Budget, 2007 you will see
National Security had an
approved expenditure of
$1,444,660.00 in the 2007 Bud-
get and increase of $625,624.00
over the previous year which
does not include the Police
$108,399,655.00 Defence Force
$40,687,254.00, which is a total
of $150,531,569.00. "
In contrast the final Budget of
the FNM Government written
by them prior to May 2002
Election had estimates pegged
at National Security $757,952.00
- Police $82,737,934.00 and
Defence Force $28,287,280.00
or a total of $111,783,166.00 just
four plus years ago.
In four-budgets the Christie
Administration has added some
$38,784,403.00 to National Secu-
rity Police and Defense Force.
The current level of expense for
National Security Police and
Defence Force cap approxi-
mately 13 per cent of the
National Budget.
Mr Foran's report and com-
ments certainly causes all clear
thinking persons to realise that
at no time in the future will the
US President change the status

of The Bahamas unless we sail
The Bahamas away to a differ-
ent locale and do not leave it
lying mid-way between the pro-
ducer, Colombia-Jamaica and
the consumer market, the Unit-
ed States.
The unfortunate thing is that
as sure as the sun rose in the
east this morning those oppos-
ing the Government will argue
that they, the Government, are
giving The Bahamas a bad
name and returning (allegedly)
to the bad old ways?
OPBAT one hopes that the
White House realises that it has
a treaty obligation in OPBAT
and not just because the US
Army wants their helicopters
for other operations can this
limit the level of equipment sup-
porting OPBAT. Much of the
limitations and critical com-
ments of Mr Foran, anyway,
slaps the US/the White House
anyway as it is their equipment
and personnel that the Bahamas
Law Enforcement rely on to
interdict the smugglers and we
know these days Haitian sloops
can sail the length of the
Bahamas, tie-up to Prince
George Wharf and discharge
illegal drugs without anyone
seemingly seeing them or being
suspicious of them.
It is rationally evident that
the blame and accusing of those
who do not support the Gov-
ernment have not thought this
through if it is the, US that
are providing the majority of
the interdiction services, in Exu-
ma, Inagua, in the sky and by
Intelligence/Spy satellites then
the corruption allegations can-
not be solely on the shoulders of

Bahamian personnel, but also
on US personnel as it is their
intelligence, their surveillance
equipment that drives the inter-
diction responses for drugs and
illegal immigration.
The most friendly US
Ambassador, John Rood, ever
to be appointed as a US
Ambassador to the Bahamas
regrettably will be prematurely
leaving us in April. Could he
intervene on this 'marking' des-
ignation of The Bahamas seem-
ingly as it will be forever on the
White House list simply
because of our geographical
location and that the US is a
massive drug market for the
drugs emanating from Colom-
bia-Jamaica, which are shipped
through The Bahamas.
Please realise, Ambassador,
this designation will be used in
our internal politics as The
International Narcotics Control
Strategy Report .2007 implies
The Bahamas is very negatively
affected simply as a result of its
location between the producer
countries of narcotics in the
region Jamaica and Colombia
and the consumer market of
The US.
Hoping Ambassador Rood
sees this argument and will lob-
by effectively the White House
to remove this designation or
at the least identify why we will
remain so designated until the
good Lord cometh.
Reading the 2007 Interna-
tional Narcotics Control Report
the United States should be des-
ignated like the Bahamas. If
there is a level playing field in
fact it should be boycotted as
the report states the US is the
largest global narcotics market
in the world, but is it?

March 3 2007

Foolishness of trusting the PLP

EDITOR, The Tribune

I HAD the greatest respect
for Sir Etienne Dupuch, but he
said one thing with which I must
disagree. He always used to say
"the people are not fools". This
is not of course exclusive to the
Bahamas, but unfortunately this
country is very polarised, espe-
cially at election times. Not
wishing to inflame the race
issue, I think it is fair to say the
PLP is considered, or consider
themselves, the 'Black' party.
This is of course totally stupid,

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but it is encouraged by some to
resonate with a certain element.
But let me get to my point.
For all the arrogance Mr Ingra-
ham is accused of, especially in
the last year of his term, there is
no doubt that he saved The
Bahamas in 1992. If the PLP
had been returned there is little
doubt that the currency would
have been devalued and we
would now have a 50V dollar.
After the PLP saw an opportu-
nity to undermine the FNM
over the referendum, which
many women unfortunately
rejected, as it would have
increased their right in a male
dominated society, support for
the FNM collapsed. How any
nation could have returned a
government with the majority
it did after suffering over 25
years under blatant victimisa-

tion, appalling corruption, nepo-
tism, you name it, is beyond
belief. For all Mr Christie's high
sounding ethics when he was
returned in 2002, the Govern-
ment was effectively a carry on
from 1992. It may have been a
"fresh wind" but it still stank.
If the result was not plain fool-
ishness please tell me what fool-
ish means. In closing I feel that
some laws have to be passed in
regard to victimisation, and
extreme cases should call for
jail. This cannot continue in a
supposedly democratic society.
It undermines everything the
constitution stands for and is a
blot on the country's good

March 26 2007



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FRIDAY, MARCH 30, 2007, PAGE 5



oIn brief

Cuba spent
nearly $100m
on US farm
CUBA has spent US$108
million so far this year on
American food and agricul-
tural products and associat-
ed logistical costs, but would
have spent far more if not for
Washington's 45-year-old
embargo, a top official said
Tuesday, according to Asso-
ciated Press.
Pedro Alvarez, director of
the island's food import com-
pany, Alimport, made the
announcement as he signed
agreements to purchase an
additional US$15.75 million
worth of wheat and pork
from Nebraska producers. He
said Cuba spent US$560 mil-
lion on US food and agricul-
tural products and associat-
ed shipping and other costs
last year, and more than
US$2.2 billion since Decem-
ber 2001.
A law passed by Congress
in 2000 permitted Fidel Cas-
tro's government to directly
purchase US farm goods on a
cash-only basis. Havana at
first rejected the measure, but
began taking advantage of it
in late 2001.
Alvarez said that if the
embargo were lifted, US-
Cuba trade in goods and ser-
vices including tourism -
could balloon to US$21 bil-
lion in the first five years.
Even though America is the
island's leading source of food
and agricultural products,
Alvarez said Cuba can never
be sure Washington will allow
its country's exporters to
make good on contracts they
sign with Havana.

6:30 Bahamas @ Sunrise
11:00 Immediate Response
Noon ZNS News Update
12:05 Immediate Response
1:00 Legends: Abbie LeFleur
2:00 One Cubed
2:30 Turning Point
3:00 Fellowship of Christians &
3:30 Walter Thomas
4:00 The Fun Farm
5:00 ZNS News Update
5:05 Andiamo
5:30 The Envy Life
6:00 Literary Living
6:30 News Night 13
7:00 The Bahamas Tonight
8:00 Movie: Her Desperate
9:30 Inside Hollywood
10:00 Caribbean Newsline
10:30 News Night 13
11:00 The Bahamas Tonight
11:30 Immediate Response
1:30 Community Page 1540 am

6:30am Community Page 1540AM
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10:00 Int'l Fit Dance
10:30 Dennis The Menace
11:00 Carmen San Diego
11:30 Little Robots
noon Underdog,

Bishop refuses to see couple

battling education authorities

Cash family continue struggle

A BAPTIST bishop who
declared publicly this week that
he wanted to settle a long-stand-
ing legal dispute with a Nassau
couple has now refused to meet
Greg and Tanya Cash called
at Bishop Samuel Greene's
office yesterday in response to a
peace offering he made in a Tri-
bune INSIGHT article last
But Mr Cash said they were
sent away without being able to
discuss the matter with the bish-
Through a secretary, he and
his wife were told that the bish-
op would "seec them in court."
Mr Cash told The Tribune:
"'We followed through on what
Bishop Greene said in last
week's paper and tried to make
an appointment but he would
not see us.
"'We wanted him to sign a let-
ter confirming what he had told
INSIGHT, but the letter w.as
throw n back in my lace."
Bishop Greenc 's alleged
refusal to discuss the matter -
which ran counter to claims he
made in INSIGHT last Mon-
day is the latest development
in the five-year face-off between
the Cash family and the Bap-
tist educational authorities.
Mr and Mrs Cash have been
fighting for justice since 2002
but claim they have been
blocked at every turn by the
courts, which they believe have
been influenced by the powerful
Baptist lobby and its high-rank-

* BISHOP Samuel Greene

ing political connections.
Mi Cash is pursuing an
"unfair dismissal action against
them, plus various constitution-
al issues. But so far his cam-
paign for justice has been
Yesterday, he said: "Every-
thing Bishop Greene told The
Tribune last week was decep-
tive. These are people who are
heading commissions in this
country and advising the gov-
In the INSIGHT article, Bish-
op Greene stated categorically
that he would sit down with the
couple to thrash out their dif-
ferences. He said Mr Cash had
failed to call him with a view to
settling the matter.
But Mr Cash said, when he
tried to follow through, his own
calls were not returned. As a

* GREG and Tanya Cash

result, he and his wife decided
to call on Bishop Greene per-
They tried to get him to sign a
letter affirming what he said,
but a secretary told them he
would not see them.
In a letter to Bishop Greene,
Mr and Mrs Cash state: "We
have attempted at least three
times to contact you, leaving
messages, each of these times
at both your church and at The
Public Service Commission's

"However, to date, Bishop
Greene, you have refused to
return any of our calls, which
sir is very deceptive." They
claimed that Bishop Greene's
remarks in the INSIGHT article
were not true, and questioned
whether they were made to mis-
lead the public."
Mr and Mrs Cash claim the
Baptist authorities have been
in contempt of court for three
years, but nothing is being done
to enforce judicial orders.
They have also described the

withdrawal of their attorney as
a "stalling tactic" aimed at
denying them their rights.
Last week, Bishop Greene
told INSIGHT: "Once Greg
calls me, we can move on from
there. All we need to do is get
together. It seems Greg is talk-
ing to everybody, but he is not
saying anything to me. I am
standing by in case he needs to
talk to me."
The Tribune tried without
success to reach Bishop Greene

Union chief: stop using religious leaders to settle labour disputes

Tribune Staff Reporter
THE National Congress of
Trade Unions said government
should stop appointing religious
leaders as arbitrators in labour
NCTU chairman John Pinder
told The Tribune yesterday that
the PLP should take a pro-
active approach towards labour
issues, instead of calling upon
the church to mediate disputes.
Mr Pinder suggested that
government should consult
trade union federations like the
Trade Union Congress (TUC)
or the NCTU before religious
leaders are appointed as arbi-
In February, when officials of
the Bahamas Electrical Work-
ers Union (BEWU) issued
another threat to take industri-
al action should their concerns
remain unresolved, Bishop Neil
Ellis of Mount Tabor Full
Gospel Church was appointed
as the arbitrator by the govern-

Former Minister of Labour
Shane Gibson told reporters:
"We have been working along
with management and the union
to resolve these matters, but my
understanding was that the arbhi-.
trator Bishop Neil Ellis ha ,,
reached an agreement with the
union on most of the issues."
Mr Gibson was speaking of
several long-standing concerns
that the BEWU had been rais-
In March, in an effort to
resolve key issues in the ongo-
ing dispute between the gov-
ernment and executives of the
Bahamas Union of Teachers,
the government named a con-
ciliator to address the concerns
of the union.
Bishop Ellis along with offi-
cials from the Ministry of Edu-
cation met with BUT executives
to prevent industrial action.
"I don't not see that as a good
precedent," Mr Pinder said.
He said that the job of reli-
gious leaders is to provide their

members with "spiritual guid-
ance" and that unions are the
bodies designed to protect the
economic rights of workers.
He also claimed that religious
'leaders are not objective when
assisting with the resolution of
"To some extent," he said,
"the church tends to be more
politicised than impartial and I
would prefer for them to allow
the church to remain neutral."
Pinder also claimed that gov-
ernment is "selective" when
choosing labour arbitrators.
"They always pick certain
religious leaders who they know
have an allegiance to them and
that's not necessarily the best
thing to do," Pinder added.
Pinder said that the labour
movement has many experi-
enced arbitrators that could be
used during a case of industrial
unrest, instead of calling on reli-
gious leaders.
Asked how he would grade


the Progressive Liberal Party in
respect to labour issues during


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their time in office, he said:
"Overall I will give them a C."


At this time when a General Election approaches, we in
O.S.P.P. (Our Survivors Political Party) must now show
you shocking facts:-i) when P.L.P first won government
and Sir Lynden took over from Sir Roland of U.B.P., there
was no National Debt we never made ourselves Slaves to
Lenders!! Also ii) there was full employment! The U.B.P.
was able to convince the Money People to create jobs to hire
e v ery o n e !..................................................................................
How come now under, Rt. Hon. P.M. Christie and Ingraham,
unemployment is more than 10% more times than not???
And the Nationl Debt is over 2000 Million Dollars??')...........
When will this reckless way of governing cease?
And in closing, we must note that Crime has truly risen
under your governments. These facts are strong aganist you.
These could make a stunning difference in the votes this
ti m e ................... ............... .............. .... ... .................
Maybe you all P.L.P. and F.N.M. Governments don't have
enough heart and soul for eg. when are you all going to
return the sign-language, for the deaf citizens on Z.N.S. T.V.
during the News Report and Parliament Meetings?..................
Elder Stephen Sands and Servant Kenneth Taylor
will carry O.S.P.P. Banner. Any other voter can do so.

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PAGE 6, FRIDAY, MARCH 30, 2007


Starting At

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Temal: 242.328-0048
TeFax: 242-328-00498
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I~Bl S
f m~.M Iltti


Chief Reporter
Rev CB Moss is confident
that he will emerge victorious
in the general election and is
"overwhelmed" by the support
expressed for his independent
candidacy as he goes door to
Rev Moss, after being denied
a candidacy for the area by the
PLP, split publicly with the par-
ty in an short but vitriolic back
and forth with the current MP
Bradley Roberts.
He said that he has not spo-
ken to Mr Roberts or Prime
Minister Perry Christie since the
tiff ended last week. The pastor
said however, that he does not
know if there is anything which
needs to be reconciled among
them, especially on his part.
"They did what they thought
was in the best interest of them-
selves and the party. I am doing
what is in the best interest of
myself and the people of Bain
and Grants Town and that ends
it as far as I am concerned,"
said Rev Moss.
The Baptist preacher has
been accused of being bitter
over the fact that Dr Bernard
Nottage was chosen to be the
standard bearer for the PLP and
he in turn has accused the PLP
of being dishonest and under-
He brushed off the assertion
from members of his party that
he would not have been a good
choice as he did not command
as much support in Bain and
Grants Town as he would have
the public believe, simply saying
that it was "their version" of
the current situation.
"At the end of the day when
the votes are counted that
would determine where the sup-
port lies and how much support
I do have," Rev Moss said.
Rev Moss said that for the
most part the people of Bain
and Grants Town have not only
seen him wearing "political"
colours. i,- -:
"They have seen me as a

friend and I believe that they and Grants Town Tourism
will continue to see me in that Development Board has been
light even when they go to the a pet project of his.
polls and they will not vote for Through it, he has hoped to
me as an individual but they will attract tourist dollars directly
vote for themselves," he said. into the inner city community.
The people of the area, he One of the major concerns of
said, are more politically astute the people of the Bain and
and intelligent than many peo- Grants Town community, he
pie give them credit for. said, is economic empowerment
"There is a mistaken belief and he hopes to deliver this to
that once people are socio-eco- the people through this tourism
nomically deprived that they board.
are ignorant and could be fed However, he said, this initia-
anything and they could buy it. tive, after 18 months of lobby-
I have never believed that. I ing, has not been supported by
believe the outcome of the elec- the Ministry of Tourism.
tion will prove that this is not "Initially I thought it was
the case," he said. because of a lack of vision on
Among other efforts that Rev their part now I am not so sure
Moss has launched from Mount '? taken into consideration recent
Olive Baptist Church, the Bain events," Rev Moss said.

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* CB Moss


.Fw~ Z;

RE S p~;~

Neko Grant: CB Moss joins the rest

who have lost trust in PM Christie

Tribune Freeport Reporter
Neko Grant said that former
PLP Senator Rev C B Moss has
joined the thousands of
Bahamians who have lost trust
in Prime Minister Perry Christie
and the PLP government.
Rev CB Moss resigned last
week as vice president of the
Senate and a member of the
PLP. He said this came after
years of broken promises by Mr
Christie that he would be given
the PLP nomination for the
Bain and Grants Town con-
Instead, Dr Bernard Nottage,
Minister of Health, has received
the nomination for Bain and
Grants Town, and Rev Moss is
now running as an independent
candidate for the area.
During the official opening
of his official headquarters in
the Lucaya, Mr Grant said that
Mr Christie and the PLP gov-
ernment cannot be trusted to
govern the country.

0 NEKO Grant
"Trust is a word that has been
tossed around in recent times
by that other party. Well, on
March 20, the Rev C B Moss,
past president of the Bahamas
Christian Council, a minister of
the Gospel, a PLP senator, vice
president of the Senate, told the

nation and the world that he
did not trust the right hon-
ourable Perry Christie and the
leadership of the PLP," said Mr
"No problem, CB, you are
simply now joining thousands
of Bahamians who don't trust
the right honourable Perry G
Christie and the PLP to lead
and run this country."
Mr Grant said that "it ain't
long now" before the FNM
"roll the PLP out". He stated
that the FNM's record of trust is
well documented.
The Lucaya MP, noted that
between 1992 and 2002, the
FNM administration deepened
democracy by introducing pri-
vate radio stations, and
reformed the public sector by
introducing computers and
information technology to the
civil service.
He said they also prohibited
MPs from chairing public cor-
porations, and streamlined the
business licence application
The FNM, he said, created a

Grant asks Lucaya for five more years

NEKO Grant, who has rep-
resented Lucaya for many
years, asked constituents to
renew his contract for another
five years.
Following the boundaries
change, the residents of polling
division 12 of the Eight Mile
Rock Constituency from San-
ta Maria Drive on the east, East
Sunrise Highway on the north,
Yorkshire Drive on the west,
and Churchill Road on the
south are now in Lucaya.
Mr Grant reminded con-
stituents that much was been
done to improve and upgrade
the area during his tenure.
He noted that with the assis-
tance of local government,

parks and playgrounds have
been constructed and street
lights have been erected
throughout Lucaya, particular-
ly in Sea Horse Village, Royal
Bahamia Estates, Caravel
Beach, Maliboo Reef and Impe-
rial Park subdivisions.
He said also that road signs and
water pipes have been installed
in Royal Bahamia Estates.
"In 1992, Maliboo Reef was a
dark subdivision it is now a
small city of lights thanks to
the developer and efforts of
your caring rep Neko," he said.
"Imperial Park, you like
Williams/Russell town know
what I have caused to be done
for your safety and to improve

and maintain the value of your
property," he said.
Mr Grant also saidthat prop-
erty value has increased in Car-
avel Beach a community that
once included many run-down
and abandoned apartments,
which have now been renovated.
He said that improvements
have also been made in
Bahamia North and South,
Regency Park and around
Polling Division 10.
"My beloved constituents of
Lucaya, I ask you for another
five-year contract to represent
you in the halls of parliament.
We, in the FNM is committed
to restoring Grand Bahama's
economy," he said.

strong economy by cutting the
public debt to half, reducing
inflation from 5.5 per cent to
1.2 per cent, enacting policies
that led to 40,000 new jobs and
lowering the unemployment
rate from 14.5 per cent to the


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single digits.
Other accomplishments, said
Mr Grant, included the rejuve-
nation of Freeport's economy
by extending the Hawksbill
Creek Agreement concessions,
which facilitated the construc-

tion of the Freeport Container
Port, and the reconstruction and
upgrade of the Lucaya resort
strip, along with other invest-
ments such as the ship care
facility and Polymers Interna-



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Minimum requirements:

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* Experience with Posting Journal Entries and Updating the General Ledger

The applicant must also be a Christian.
The job offers competitive salary, group medical and pension saving benefits.

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FRIDAY, MARCH 30, 2007, PAGE 7


ff f-77 -v I


PAGE 8, FRIDAY, MARCH 30, 2007


Chamber of Commerce issues thanks

to US ambassador and MP hopeful

* THE Bahamas Chamber of Commerce today
thanked two men who have contributed to the
"economy and business climate of the country:
American Ambassador John Rood, second from
left, and Bahamian attorney Branville McCartney,
third from left. The ambassador is preparing to
leave the Bahamas after his service as diplomat and
friend and McCartney stepped down from his post
as chairman of the chamber's Crime Prevention
Committee after two years of bridging the gap
between commerce and law enforcement. Present
for the awards presentation were Dionisio
d'Aguilar, first vice president, far left and Gershon
Major, second vice president of the Bahamas
"Chamber of Commerce.

............................................................................................................................................................................................... ........

Events planned for World Health Month

* CHAMBER Presi-
dent Tanya Wright
presented the award
to McCartney, who
gave up his chamber
post to pursue a bid
for the House of

Tribune Freeport Reporter
Bahama Health Services has
announced a number of activi-
ties in observance of World
Health Month from April 4 to
April 30. '
Marvh Moxey, chairman of
World HIealth Month Commit-
tee, said this year's theme for
World Ifealth Day, which is cel-
ebratedon April 7, is "Interna-
tional health security invest
in health, build a safer future."
The Bahamas is a part of the
PanAmbrican Health Organi-
sation (WHO), which is the
regional representative for the
World IHealth Organisation.

'International health security' theme for April

Ms Moxey said that Dr Mar-
garet Chan, director general of
WHO, talked about increasing
global threats to the health,
including SARS, avian flu,
HIV/AIDS, and humanitarian
emergencies in her World
Health Day message.
"When we listen to the theme
this year, international, health
security, we realise that global-
ly we are all connected and
globally it is our concern what is
happening with each other and
we have a responsibility to
ensure that we stay in good
health to protect our borders

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and those around us," she said.
Although the avian flu is not
currently threatening the
Bahamas, Ms Moxey said the
possibility exists because many
foreigners are entering the
country at all times.
She said the aims of the activ-
ities are to sensitise the com-
munity, create awareness, and
educate the public at large.
The activities are as follows:
April 4 Minister of Health
Dr Bernard Nottage will
address the opening ceremony
at Foster B Pestaina Centre at
Pro-Cathedral of Christ the

King at 10am.
April 16-20 Healthy
Choices Week at Hospital Cafe-
April 21 Fun, Run, Walk
at 6.30am.
April 22-28 National Med-
ical Laboratory Professional
Week culminates with blood
* April 27 Food Fest Com-
petition, Hospital Foyer at
April 30 Debate titled
'Your Health is Everybody's
Business' at Workers House at

An establish, international company is
seeking Operations Manager.

The Manager will be responsible for over-
sight of various business units in effectively
executing operations to ensure excellent customer
service, expense control, and revenue growth.

BA or BS in Business related studies,
inclusive of Accounting and Economics.

Strong Communication, Leadership,
and Computer skills.
Must be a professing Christian.

Compeuiive Saiary
Subsidized Health Plan
Pension Plan.

Interested persons can email their resumes
hrresourcemanager@ yahoo .com



08 __


* MARVA Moxey, chairman of Grand Bahama Health Services
World Health Month Committee, announces plans for obser-
vances of World Health Day.

|ne i2m tz !,|uueral I|mu
P.O. BOX GT-2097 TEL: 323-5782

SKevin G. Strachan, 45

T Ph a resident of Fox Hill,
will be held at
S Macedonia Baptist
:. Church, Bernard
St' & Road, on Saturday
!',t ' at 1:00 p.m.
t Officiating will be
FFRev. Dr. David S.
i .- Johnson, assisted by
:Rev. Hartman L.
i i fNixon. Cremation

brothers, Philip, Alvin, Ettine, Julian,
Carsey, Martin and Clement Strachan;
sisters, Nelcita and Genieve Strachan;
uncles, Stephen, Rev. Dr. David, Emmett,
Dr. John and Robert Johnson; aunts,
Esmeralda Rutherford, Mary, Selina,
Minerva and Constance Johnson; sisters-
in-law, Carol Cunningham and Monique
Strachan; brother-in-law, Don Knowles;
nephews, Brent Scott, Byron, PC 2657
Bernard Wallace, Dustin, Godfrey,
Gregory, Philip Jr., Alvin Jr., Walton and
Julian Jr.; nieces, Faye, Mardi, Taika,
Shyanne, Sherice, Elexia, Julique,
Sheldonique and Maurisha; a host of other
cousins including, Daphne Rahming, Aleta
Rolle, Dave Johnson, Patrick, Peterjean
and Samuel Rutherford, Jason Rahming,
Dr. Lisa Johnson, Dr. Christin Peterson,
Bridgette and Jahan Johnson, Iris Moxey,
Richard Timothy and Dr. Marh Johnson.

Funeral arrangements are being handled
by Demeritte's Funeral Home.


MARCH 30, 2007

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

Issues Round- Washington McLaughlin Are You Being May to Decem- The Vicar of Di- Fawity Towers
B WPBT table discussion. Week (N) Group (N) (CC) Served? Again! ber -Time After bley Love and
(CC) Petrified cat. Time Marage" (CC)
The Insider (N) Ghost Whisperer Delia seeks guid- Close to Home "Making Amends' NUMB3RS Charlie tests a plane's
0 WFOR (I (CC) ance when Homer the Ghost Dog (N) n (CC) flight computer to see what caused
spooks her golden retriever. it to crash. (N) f (CC)
Access Holly- Identity Contestants try to guess Raines -Reconstructing Alice" A Law & Order Arson investigation
B WTVJ wood (N) (CC) the identities of 12 strangers. (N) murder investigation leads to a trail becomes homicide when a body is
n (CC) of deception and fraud. (N) found in a burned church. (N)
Deco Drive House "Histones" Dr. Foreman be- The Wedding Bells A young bride News (CC)
* WSVN lives an uncooperative homeless wants to dress like her late father's
woman is faking seizures. favonte character. (N) f
Jeopardy! (N) Grey's Anatomy "Band-Aid Covers (:01) Six Degrees Whitney and Car- 20/20 (CC)
0 WPLG (CC) the Bullet Hole" n (CC) los search for new apartments; Lau-
ra meets a new man.

:00) CSI Miami CSI Miami "Free Fall'"A couple, re- CSI: Miami "Dead Air" A kidnapped Intervention Jacob" Jacob abuses
A&E Driven' n (CC) cently released from jail, is targeted woman misdials a cell-phone num- drugs. (N) (CC)
Sfor death. r (CC) ber and begs for help.
Football Focus BBC News World Business BBC News Our World BBC News Football Focus
BBCI (Latenight). Report (Latenight). "Panama's Big (Latenight).
*** BABY BOY (2001, Drama) Tyrese Gibson, Omar Gooding, A.J. Johnson. A man jug- Comicview (CC)
BET gles womanizing with fighting his mother's boyfriend. (CC)
World Aquatics Royal Canadian Air Farce Marking Just for Laughs (CC) CBC News: The National (CC)
CBC Championships the 300th episode landmark.
C :00) On the Fast Money The Apprentice: Los Angeles dl The Big Idea With Donny Deutsch
CNBC Money (CC)
(:00) The Situa- Paula Zahn Now (CC) Larry King Live (CC) Anderson Cooper 360 (CC)
CNN tion Room
Scrubs J.D. and The Daily Show The Colbert Re- Mind of Mencia South Park The Comedy Central Comedy Central
COM Turk re-evaluate With Jon Stew- port Clive James. Memorable mo- boys have to Presents Ian Presents Josh
their lives. (CC) art (CC) (CC) ments. (CC) save the Earth. Bagg. (CC) Sneed.
T Cops Disorder in the Court 1: 20 More Forensic Files Forensic Files The Investigators Wrongful convic-
COURT "Seattlefacoma" Outrageous Courtroom Moments "Docktor Visit" tion.
The Suite Life of Hannah Mon- Cory in the * STUART LITTLE (1999, Comedy) Geena Davis, Hugh Laurie,
DISN Zack & Cody tana "Bad Moose House Meena's Jonathan Lipnicki. A mouse has various adventures.'PG' (CC)
Sickness. (CC) Rising" strict father.
DIY This Old House Home Again DIY to the Res- DIY Inside: LA Auto Show Classic Rides Classic Rides
DIY nt (CC) (CC) cue
DW Euromaxx Journal: In Quadriga Journal: Tages- Europa Aktuell Journal: In Euromaxx
DW Depth Ithema "Depth
The Daily 10 (N) Chris Farley: The E! True Holly- Saturday Night Live Remembers The Soup (N) Crazy Holly-
E! wood Story n (CC) Chris Farley n (CC)wood Nights
NBA Shoot- NBA Basketball Indiana Pacers at Orlando Magic. From Amway Arena in Orlando, Fla. NBA Basketball
ESPN around (Live) (Live) A(CC)
: (00) ATP Tennis Sony Ericsson Open -- Semifinal. UEFA Champi- Gol ESPN: Auto Racing: NBA Basketball
ESPNI Prom Miami. (Live)(CC) ons League Fuera de Juego Portugal
j Daily Mass: Our The World Over Life Is Worth The Holy Rosary Defending Life Voices on Virtue
EWTN LadyLiving
S :00) Cardio Art of the Athlete "Kristi Yam- Ice Diaries "Let the Games Begin" Fit Family The Pitts" Family loses
FIT TV Blast (n (CC) aguchi" Kristi Yamaguchi. n (CC) (CC) weight. (CC)
Fox Report- The O'Reilly Factor (Live) (CC) Hannity & Colmes (Live) (CC) On the Record With Greta Van
FOX-NC Shepard Smith Susteren (Live) (CC)
NHL Hockey Washington Capitals at Florida Panthers. From the BankAtlantic Center in Around the The FSN Final
FSNFL Sunrise, Fla. (Subject to Blackout) (Live) Track Score (Live)
S PGA Golf: Nationwide Tour: Liver- PGA Golf Shell Houston Open-- Second Round. From Redstone Golf Club in Humble,
GOLF more Valley Championship Texas. (CC)
GSN Lingo (CC) The Amazing Race "Home for Dog Eat Dog n (CC) Chain Reaction Chain Reaction
GSN Some' n (CC) (CC) (CC)
(:00) Attack of X-Play X-Play Cops "Indianapo- Cops "Indianapo- Arrested Devel- Ninja Warrior
G4Tech theShow! (N) lis" (CC) lis" '1 (CC) opment "Pilot"
(:00) Walker, Walker, Texas Ranger "Lazarus" * MARCH OF THE PENGUINS (2005, Documentary) Narrated by
HALL Texas Ranger "The Chairman" continues to elude Morgan Freeman. Emperor penguins make an annual trek across the
(_CC) a frustrated Walker. (CC) Antarctic. (CC)
Buy Me "Tony Million Dollar Listing A new record House Hunters World's Most Relocation, Relocation "Dawn and
HGTV and ULina: Mambo high for a beach front multi-million International (N) Extreme Homes John" A couple want to sell their
Casas" dollar condo. n (CC) /, (CC) Tree trunks., n London base. n (CC)
Morris Cerullo Breakthrough Jay Sekulow Inspiration To- Life Today (CC) This Is Your Day The Gospel
INSP (CC) day (CC) Truth
KT i Reba Reba tries My Wife and According to According to Friends Rachel's Everybody Everybody
KTLA to sell her en- Kids "Michael Jim "Poking the Jim New friends dating plans up- Loves Raymond Loves Raymond
gagement ring. Joins a Gym" Bear" n (CC) are obnoxious, set Ross. / Debra's mother. "Driving Frank"
Still Standing Reba "The Will" Reba Potential FAMILY IN HIDING (2006, Suspense) Brenda Strong. A single mother en-
LIFE "Family night re- Reba decides to new neighbors ters the Witness Protection Program. (CC)
sisted. (CC) write a will. (CC) upset Reba. n
:00) Hardball Countdown With Keith Olber- Lockup California's Valley State Lockup "Inside Kern Valley" Califor-
MSNBC cc mann Prison for Women. nia's Kern Valley State Prison.
SpongeBob The Fairly Odd- The Fairly Odd- Jimmy Neutron: Jimmy Neutron: Full House f Full House f
NICK SquarePants n Parents ft (CC) Parents fA (CC) Boy Genius Boy Genius (CC) (CC)
(:00) NUMB3RS Identity Contestants try to guess Six Degrees "Get a Room" (N) n News f (CC) News
NTV Spree" (CC) the identities of 12 strangers. (N) (CC) I
SPEED (6:00) Barrett-Jackson Automobile Auction The world's premier classic automobile auction. From Palm Beach, Fla. (Live)
I'm Amazed: Behind the The Hal Lindsey Joel Osteen Dr. Frederick K. *a*x PETER AND PAUL (1981,
TBN Brooklyn Taber- Scenes (CC) Report (CC) Price (CC) Drama) (Part 1 of 2) Anthony Hop-
nacle kins, Robert Foxworth.
Everybody THE COOKOUT (2004, Comedy) Ja Rule, Tim Meadows, Jenifer * SISTER ACT 2: BACK IN THE
TBS Loves Raymond Lewis. An athlete's mother has a wild barbecue at his mansion. (CC) HABIT (1993) Whoopi Goldberg,
ft (CC) ,Kathy Najimy. (CC)
Take Home Chef Wild Weddings A bridegroom What Not to Wear "Renee 0." What Not to Wear "Kristin V." A hip-
TLC "Barbie" Fettuc- laughs so hard he cries throughout Weight loss. (N) (CC) pie gets fashion advice. (CC)
cine. (CC) the ceremony. (CC)
(:00) Law & Or- MR. DEEDS (2002, Comedy) Adam Sandier, Winona Ryder, Peter MR. DEEDS (2002) Adam San-
TNT der "Genius" f Gallagher. A pizza maker inherits a fortune from a distant relative. (CC) dier. A pizza maker inherits a fortune
,(CC) (DVS) from a distant relative. (CC)
TOON ADVENTURE (2007) Premiere. ed. Grim must capture an artifact that makes someone scary. near's a Monkey
TV5 Thalassa Gufe, royaume perdu de I'Hi- Littoral
TV5 ma aya I
TW C Storm Stories Abrams & Bettes It Could Happen Full Force Na- Weather: Evening Edition (CC)
(CC) Tomorrow ture (CC)
(:00) Duelo de La Fea Mas Bella Lety es una nifia Destilando Amor Nuestra Belleza Latina
UNIV Pasiones dulce, romantica e inteligente, pero
apenas atractiva. (N)
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USA der: Criminal In- Detectives suspect club goers of An expectant mother is abducted
tent f (CC) rape and murder. (CC) during a car jacking. (CC)
* 8 MILE (2002, Drama) Eminem, Kim Basinger, Brittany Murphy. A Detroit man tries Acceptable TV Hollywood Se-
VH 1 to achieve success as a rapper, t(N) ncrets Revealed
MS Winkelman Out- Elk Country Outdoor Adven- Best & Worst of Hunting Adven- Fly Fishing the Dangerous
VS. door Secret Journal tures Tred Barta tures (CC) World Game (CC)
(:00) America's ** DAYS OF THUNDER (1990, Action) Tom Cruise, Robert Duvall, MLB Preseason Baseball Chicago
WGN Funniest Home Nicole Kidman. Upstart stock-car driver goes to the edge. f (CC) Cubs vs. Seattle Mariners. From
Videos f (CC) Las Vegas. (Live) f (CC)
Everybody WWE Friday Night SmackDown! (N) f (CC) CW11 News at Ten With Kaity
WPIX Loves Raymond Tong, Jim Watkins (CC)
"Driving Frank"
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6:30) LIFE SUP- ** * JFK (1991, Drama) Kevin Costner, Sissy Spacek, Joe Pesci. New Orleans DA Jim Garrison sees as-
H BO-P PORT (2007) sassination conspiracy. f 'R' (CC)

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(2005) 'NR' (CC) pist. n 'PG-13' (CC)
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H BO-S Tom Hanks. U.S. troops look for a missing comrade Wright. A merger between oil companies leads to political intrigue. ft R'
during World War II. ft 'R' (CC) (CC)
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MAX-E SENTINEL Johnny Depp, Freddie Highmore, David Kelly. Five children tour the won- Hunt. Storm chasers race to test a
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(:00) * RUNNING SCARED (2006, Crime Drama) *% JUST MY LUCK (2006, Romance-Comedy) Lind- (:45) Sex Games
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Michael Keaton. 'R' (CC) a communications tycoon. A 'PG-13' (CC)


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FRIDAY, MARCH 30, 2007, PAGE 9




PAGE 10, FRIDAY, MARCH 30, 2007


Eight Mile Rock, Grand Bahama
Telephone: (242) 348-2340/348-2131/352-9398/353-7250
P.O. Box F-40557 Freeport, Grand Bahamas


formerly of Cat Island, and a resident of#
13 Clarke Ave Freeport., Grand Bahama
will be held on Saturday March 31st at
2:00 pm at Tabnicle Baptist Churcih.
Settlers Way. Officiating will be Pastor
Alpheaus Woodside, assisted by Assistant
Pastor Howard Gardiner.

Left to cherish her memory are 2 sons,
Jude Young and Van "Duke" Nguyen;
one daughter, Rose Marie "Paddy"
Wildgoose; 2 Sister, Alice Roberts of
New Providence and Willabe Bullard of
Florida; one brother, Ernest Stubbs of
New York; 13 grand children, Monique,
Bethany, Elton, Angelo, Patrick, Judnera,
Jerome, Patrea, Niesba, Dukie Jr., Jamal,
Jameka and Magan; 22 great grand
children; 4 great great grand; 1 daughter-
in-law, Bridgette Young; 1 great grand
son-in-law, Rashad Tucker; adopted
c1fildren Roslyn "Tom" Appoleon, Johnny
Taylor, Cyril Mackey, Aaron Hanna Ron
and Meg Shane, George Thompson Marlo
Donate and Sidney Johnson; numerous
,nieces, nephews and a host of other
relatives and friends including, Sgt. Phillip

'Family will receive friends at Russell's
and Pinder's Funeral Home, Eight Mile
'Rock on Friday March 30th, 2007 from
1:00pm to 7:00pm and on Saturday March
31st from 12:30pm to Service time at the

arof ;xgf r s@funenral TIypd
Wulff Road & Pinedale
;Tel: 323-3800 or 322-1431 Fax: 328-8852


Auguste, 49

of Jumbey Street off
Florida Court will be
held at Our Lady's
Catholic Church,
Deveaux Street on
Saturday, March 31st
`007 at 3:00 p.m. Officiating Father Kaze
Eugene, assisted by Father Roland Vilfort.
Interment follows in Old Trail Cemetery,
Old Trail Road.

He is survived by his wife, Robin Auguste;
three sons, Renel Jr., Jermole and Jermaine;
Qne brother, Stanislas; one sister, Mrs.
Lorina Henry of Florida; two adopted
sisters, Lima and Silianise Petit-Phar; one
lrother-in-law, Jean Marie Rene; three
sisters-in-law, Louise Macula and Julie
Auguste and Zette Termil; four uncles,
Lee, Lucien, Jean and Ricot St. Gerard;
three aunts, Lamercie, Roseline and
Suzette St. Gerard; ten nieces, Jessica
Henry, Debra, Shanika, Arnette, Josette
and Stacy Auguste, Felicia Rene, Erlande
Elizor, Debbie Joseph and Dedrika Wells;
ten nephews, Lionel Henry, Jackson,

Kevin, Lee and Gepson Jr. Auguste,
Jeffrey, Steve and Orville Joseph, Maxin
Cassius and Charite Solomon; best friend,
Serette Joseph; numerous other relatives
including, Orien Joseph, Inieste Cassius
and Janet Valsaint; and numerous other

Relatives and friends may pay their last
respects at Rock of Ages Funeral Chapel
on Wulff Road and Pinedale in the Petra
Suite on Friday from 10 a.m. to 6 p.m.
,nd on Saturday at the Church from 2:00
'pTm. until funeral time.


FROM page one

opposition seems to think that
the PLP has sacrificed some of
their own people to save a
"choice few."
One FNM campaign general
said that in his opinion the bound-
aries were cut to ensure victory
for Dr Bernard Nottage, Prime
Minister Perry Christie, Melanie
Griffin, and Neville Wisdom. He
claimed that" they all had some
concerns even though they won
handsomely in the last election.
"The areas they represent now,
with 'the exception of Bain and
Grants Town, has not been
behaving very well toward the


PLP. They noticed something
very significant in the registration
of voters. All of the core PLP
areas were the ones whose regis-
tration was always low," the
opposition campaign general said.
This, he said, showed that the
PLP's core support either was not
inspired to or just not interested
in registering.
"The Prime Minister, has had
one or two bad experiences when
he went into areas off East Street
where the guys literally told him
to get out of there," the FNM
general claimed.

Smoking ban considered

FROM page one

first treaty in the history of WHO.
Some of the effects of the Bahamas' participation in the treaty
were discussed yesterday in the sixth in a series of 10 or more
public consultations that will occur to educate the public while also
soliciting feedback from stakeholders.
In addition to a ban on smoking in enclosed public places, some
of the other objectives of the treaty are: The use of price and tax
measures to reduce the demand for tobacco products; the protec-
tion of individuals from second-hand smoke; the regulation of the
contents of tobacco products; education initiatives to dissuade
current smokers while also preventing new ones; and, a poten-
tial ban on advertising and sponsorship of tobacco products.
Dr Evaneth McPhee, medical officer in the department of pub-
lic health, said the government is in the process of ratifying the doc-
ument and new draft legislation has been created by the department
of legal affairs.
A ban on smoking indoors may be controversial in relation to the
hotel and restaurant sectors, as some may argue that such restric-
tions may make the Bahamas a less competitive tourist destination.
Many casino patrons smoke and casinos are the major revenue
earners in many resorts. A ban may be regarded, by some, as a
threat to the country's number one industry.
Dr McPhee said the ministry acknowledges this concern. There-
fore, consultations will be held specifically with hoteliers just after
So far, the ministry has had consultation sessions with mem-
bers of the media, unions, some small business people and local
enforcement agencies, such as the police and customs.
Dr McPhee said she does not expect significant opposition to the
"Interestingly enough the opponents are very, very few. In fact,
I don't think we have had any that have come out against it so far,"
she said.
During the discussion, concerns were expressed specifically for
the rights of workers in casinos and bars, for example who are
forced to inhale significant amounts of second-hand smoke on a dai-
ly basis. As a result, these persons are at elevated risk for pul-
monary conditions and lung cancer, because of the actions of oth-
Dr Mortimer Moxey, medical officer at NIB, said that he is
specifically aware of the deaths of two women non-smokers from
second-hand smoke in their homes. In each case, Dr Moxey said,
the husband of the deceased was a long-time smoker.
According to WHO, tobacco is the second major cause of death
in the world and it is currently responsible for the death of one in
every 10 adults worldwide (about 5 million deaths a year). If cur-
rent smoking patterns continue, WHO projects that the consump-
tion of tobacco products will cause some 10 million deaths each year
by 2020.
These projections reveal that half the people who smoke today
- that is about 650 million people will eventually be killed by
The WHO treaty, which is now closed for signature, has been
signed by 168 countries.


Employment Opportunity

Human Resources Clerk

We are considering applications for a Human Resources Clerk to
provide a superior level of service to the Human Resources

Core Responsibilities:
Input of employee data into the HR database
Preparation of Reconciliations
Administration of Staff activities
Processing absences and vacations
Administration of employee group medical/vision/life
insurance plans
Processing incentive payments, overtime, etc.
Administration of staff uniforms
Assisting with salary processing and related journals
Assisting with pension administration

Job Requirements:
BA/BS in Human Resources, Business, Accounting or a
related field
Minimum 3 years experience in Human Resource Administration
Excellent command of the English Language, both written and oral
Excellent organizational skills
Very good command of Microsoft suite (Excel, Word, Power Point)

Personal Attributes:
Excellent work attitude, punctuality and attendance record
Highly confidential in nature
Ability to interact with others in a professional manner
Ability to prioritize tasks
Initiative and ability to learn new tasks quickly
The successful candidate will be offered an excellent compensation
package including outstanding benefits such as:

Medical, vision and dental, life insurances & pension

Interested persons should submit their resumes in WRITING or E-mail
along with copies of their certificates before March 30th, 2007 to:

.i Re Human Resources Clerk
Head Office, The Plaza, 2nd Floor, Mackey St.
i P.O. Box SS-6263
a Nassau Bahamas
JTelefax: 394-0758
E-mail address: HR@combankltd.com

However, the PLP insider said
that this was generally a rumour
started some months ago and that
it was "obvious to a blind man"
the prime minister enjoyed over-
whelming support in his con-
"The truth be told, the FNM
should worry about some of their
sure seats. Montagu, St Anne's
and Yamacraw don't look the
same way they did in 2002 and
the constituency they fabricated
last election to get them what
they thought was a sure win, St
Margaret's is totally gone ," he
Despite this, the FNM thinks
it has been handed St Anne's and
Montagu on a silver platter.
"They took Blair out of St
Margaret's and put it in Montagu.
Loretta (Butler-Turner, FNM
candidate for Montagu) only lost
by a few votes in the last election
and there were hundreds of per-
sons in that area who did not go
to the polls who were .angry with
the FNM as well. Brent's (Symon-
ette, FNM candidate for St
Anne's) seat and Loretta's seat
are giveaways," one FNM gener-
al told The Tribune yesterday.
While he said that with or with-
out the boundary cuts, the cur-
rent Yamacraw MP Melanie Grif-
fin, would have retained her seat,
the PLP general said that now
she is "rooted" in the House of
"Minister Griffin is extremely
popular in Yamacraw and the
people there are hungry for the

kind of representation she brings
compared to the aloof personali-
ty they found in their last repre-
sentative," he said.
The FNM general admitted
that PLP support has been solid-
ified in Yamacraw with the exten-
sion of the Yamacraw boundary
into Elizabeth Estates.
"They moved Yamacraw down
more into some of Elizabeth. It
may give (FNM candidate for
Yamacraw Pauline Cooper-
Nairn) somewhat of a challenge.
Then again a lot of people did
not vote in that area last time,"
the FNM campaigner said.
The PLP insider said that the
governing party had successfully
"jammed" the FNM and forced,
FNM candidate Hubert Minnis
to regroup after Delaporte was
transformed into Clifton and
However, his counterpart in
the FNM said that the creation
of the two constituencies was a
"last ditch attempt" to save
Neville Wisdom.
"They say that the FNM had
overwhelming support in Dela-
"After they created Clifton and
Kilarney we figured that they
would have expected Minnis to
go to Clifton and leave Wisdom
running against an unknown. But
our strategy was to move Dr Min-
nis to where Neville is because
Dr Minnis has good recognition
and that leaves two newcomers
running in Clifton," the FNM
general said.

Daniel Smith inquest

FROM page one

Court that could include the order to have jurors fill out special
questionnaires to prove they are unbiased.
However, Public Prosecutions Director Bernard Turner, who is
leading the case for the Crown, argued that the date of the start of
the inquest was widely publicised and that Mr Stern's counsel
could have brought their constitutional concerns to the attention of
the Supreme Court at anytime in the last few months rather than at
the "eleventh hour."
Magistrate Gomez, during the court's morning session, denied Mr
McKinney's request to stay the jury selection until after the appli-
cation had been heard by the Supreme Court.
Within a few minutes the magistrate selected the names of sev-
en women jurors from a jury box of 12 potential jurors.
He advised them not to be influenced by any news coverage,
rumours or gossip that they might hear about the case
However, in yesterday's afternoon session lawyer Wayne Munroe
told the chief magistrate that he did not intend to participate in the
court's proceedings because he had already been firmly persuaded
that the Coroner's Court could not provide the parties with a rem-
edy in this case.
"Once you have filed a constitutional motion you cannot take fur-
ther steps in a proceedings," Mr Munroe said.
"We are not here to participate in these proceedings or debate the
constitutional motion, other than at a court in the Supreme Court."
Mr Turner suggested that the constitutional motion could be
heard before the Supreme Court on Friday.
However, Mr Munroe said that he could not sign a "certificate of
urgency" in the matter because the Chief Justice Burton Halls
practice directions did not allow it.
"It would be disingenuous for me to lead you down a path that
you cannot go, your worship," Mr Munroe added.
Chief Magistrate Gomez adjourned the matter to April 4th and
11th to give both parties sufficient time to argue the merits of the
application before a Supreme Court judge.
The Chief Magistrate also said he would decide which parties
were "properly interested persons" in the matter when the case
resumes next week.
"And hopefully we will have this matter finished before Christ-
mas," Mr Gomez said.
In addition to the proceedings in the Coroner's Court yesterday,
Mr Stern's lawyers also filed an appeal in the continuing paternity
battle over Ms Smith's daughter, Dannielynn. The DNA results
were expected to be released on April 3, however, Mr Stern's
appeal may delay the hearing.






For Easy Financing '

Bank And Insurance

On Premises

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FRIDAY, MARCH 30, 2007, PAGE 11



* PICTURED left to right is John Conway, senior vice-president and general inanager; Boyd
Wright of Arkansas; George Markantonis, President and managing director of Kerzner
International Bahamas
(Photo: Joshua Yentis/Blue H ave Imaging)

New Atlantis resort

welcomes first guest

THE first guest of the new
ultra-luxurious 600 room all-
suite resort, The Cove Atlantis,
was greeted by a welcoming
team of senior executives led
by George Markantonis, presi-
dent and managing director of
Kerzner. International on
The quiet yet historic opening
signified a giant step, a
spokesman for Kerzner said, as
the company has once again
raised the bar among distinc-
tive resort destinations.
Markantonis said: "At
7.50am this morning, Boyd
Wright of Arkansas became
our first official guest to check
into The Cove Atlantis. His
family .will join him later on
today. He was interviewed by
Kerzner Today and took many
pictures with us. And he was
completely awed by the beauty
of the place and his whole first

The company's president
told his team, "Our newest
resort is now officially open!
We should all be very, very
The Cove Atlantis features
designs by acclaimed interior
architects Jeffrey Beers and

David Rockwell, Bobby Flay's
Mesa Grill the first outside
the United States unprece-
dented services and amenities,
private all-adult and family
pools, lavish cabanas and
breathtaking views of the ocean
at every turn.

I^' Ak *"sving-g 0AM

Come to the
Bahamas National Trust's


Day of fun, creative I
activities and enterta
for the whole family!

Saturday, March 31, 2007
11 am to 5pm at the Retreat Gardens
National Park, Village Road .4
Admission: Children -.$2 Adults $5

Activities and exhibito include e: ll i
bjhjiijoi:l, anilsans, craft vendors and small businesses .
[liep i ou: Food & Beverages, Children's Crafts
Old FjShioried Games area: Top Spinning; Hoola Hoop; Hop Scotch;
Jai: Sl:ne ; Marbles .
1 3 [Ii ; Opm Wildlife Education and Exhibition by Ardastra Gardens Zoo &
Conservation Centre
1 0)il, 3 i00 pm Starbucks Coffee Tasting
Educational Talks and Adult Crafts and Gardening Workshops under the Godfrey Higgs Pavillion
11 30 am Native Plant Propagation with Shenique Albury
12 30 pm Sustainable Gardening with Tim Bethell of Terrain Qesign
1 30 pm Creating Herb Garden in a Strawberry Pot by Nassau Garden Club
2 31 pm rile Art create a fun piece out of tile and sea glass
3 301 pm Create your own Stepping Stone facilitated by Kaethl and Hans Pieter Schaerer
4 00 pm Canine Agility Demonstration featuring the Bahamas Dog Agility & Obedience


Sponsored by: Kentucky Fried Chicken, Burger King and Quiznos.'


Mr. H. Ricardo Tre

PLP Candidate




On your recent nomination and

entry into public service!

We are

sure that the character traits which

have made you


business will serve you well in your

endeavours as you

seek to further

serve your God and country!

From the Management

and Staff of

Ph: (242) 394-1370 Fx: (242) 394-1371 P.O. BoxSS 6285 Nassau, Bahamas


Share your news
The Tribune wants to hear
from people who are
'making news in their
neighborhoods. Perhaps '
you are raising funds for a
good cause, campaigning i
for improvements in the -
area or have won an
If so, call us on 322-1986
and share your story.
," r "i 2i*








k" /-'

19 .

O -n(3


PAGE 12, FRIDAY, MARCH 30, 2007



FROM page one

Among these, herons,
egrets, ibises and cormorants
can all be spotted.
In total, over 103 species
of bird have been identified
within the bounds of the
park, which consists of a
large pond area, pine trees,
broad-leaf woodland and
mangroves, said BNT presi-
dent Glenn Bannister.
Prime Minister Christie
said that the park signifies
"another major step in insti-
tutionalising the preservation
of wetlands and making them
more appealing and under-
stood by Bahamians."
Furthermore, both Mr
Christie and Mr Carey point-
ed to the park as a site not
only for Bahamians to enjoy,
but one step in a necessary
move towards diversifying
the Bahamian tourism prod-
"We are obliged to ensure
that we review the product
that people coming to these
shores will be exposed to,"
said the Prime Minister, after
pointing out that travellers
increasingly have "cultural
and ecological" interests in
In light of this, Mr Christie
said, there is going to be a
"massive intervention in the
tourism product in the
The park will also allow
Bahamians greater access to
their environmental heritage,
and consequently, a greater
appreciation of its beauty
and the need for its preser-

George Smith has not

yet ruled out running as

independent candidate

DEPUTY Executive Director of the Bahamas National
Trust Lynn Gape along with Leslie Miller, Minister of Agri-
culture and Marine Resources, looks on as Prime Minister Per-
ry Christie and Glenn Bannister, President of the National
Trust cuts the ribbon at the official opening.
(Photos: Felipi Major/Tribune staff)

"Martin Luther King when
in Bimini was in the man-
groves and he raised the
question...that if anyone
doubted that there is a God
they should be present there
and then with him to see
nature in its fullest splen-
dor," said Mr Christie.
"B'ahamians must get to
know and to believe that, and
the only way we're going to
get to know and believe it is
to have this kind of experi-
ence," he said.
The park further takes on
significance at the supra-
national level, allowing the
Bahamas to begin fulfilling
its responsibility as signato-
ries to certain UN conven-
tions, by furthering the
preservation of biodiversity
and protecting wetlands with-
in the Bahamian islands, not-
ed BNT Deputy Director

Lynn Gape.
Mr Carey described the
boardwalk and observation
deck as "just a microcosm"
of what the' BNT wishes to
do in the area.
Further plans, funds allow-
ing, include continuing the
boardwalk throughout the
park, as well as providing
hiking trails, informative sig-
nage, a visitors' centre, and
kayaking routes.
In total, once finished, the
project is estimated to even-
tually cost up to $2.8million.
Mrs Gape said that, with
Nassau becoming increasing-
ly populated, there need to
be "more areas where peo-
ple can go and experience the
outdoors, experience and see
"So that is one of the rea-
sons that it is important," she

FROM page one

them trying to involve the Rev
Dr Charles Saunders, a very
dear and good friend, a fellow
Exumian, someone who has
always been very polite and
courteous both to Mr Coakley
and myself. Dr Saunders has
stayed above the partisan polit-
ical fray and he encourages
excellence in performance. I
was saddened when he was
drawn into this," he said.
The former PLP MP has
caused significant controver-
sy in PLP circles by consider-
ing a run against the party for
the Exuma seat. Mr Smith was
a representative for the area
for nearly 30 years. Sources
have indicated that he still has
significant support within the
constituency. Consequently, if
he does run, it is believed he
will split the PLP vote, giving
the FNM candidate, Joshua
Sears, a better chance of vic-
However, Mr Smith should
not be ruled out as a con-
tender to win the seat if he
does run. In addition to hold-
ing the seat for nearly 30
years, Mr Smith was re-elected
on two occasions, in 1987 and
1992, after his resignation

from the Pindling cabinet in
the fallout from accusations in
the 1984 Commission of
Inquiry into drugs which con-
cluded that he had accepted
funds from known drug smug-
Mr Smith stated that his
decision to run, or not, will be
based on what is best for Exu-
The former PLP MP has
previously stated that he has
been approached by numer-
ous significant stakeholders in
Exuma, who desire to see him
represent the constituency
Mr Smith's desire, initially,
was to run under the PLP ban-

ner in a second Exuma seat.
With the island's economic
growth on the island as a
result of the Four Seasons
Resort, it is projected that the
island chain's population will
surpass 10,000 in the next few
years. Consequently, Mr
Smith was a strong advocate
that two seats be created, so
that the constituents will
receive the strong representa-
tion they deserve.
However, government left
Exuma as one constituency
after the report of the con-
stituencies commission, with
Anthony Moss, the current
PLP incumbent, again receiv-
ing the PLP nomination.

Recent violence

FROM page one

body "when a weapon was discharged" while a 21 year old was hit
in the hand.
Both men were taken to hospital to be treated for their injuries.
The 22 year old subsequently died. Police have not yet classified
the death.
Shots rang out again on Wednesday, with two more gun attacks,
and a stabbing.
At around 8am, a 23 year old from, Podoleo Street was shot in
both legs by a man he knew. The shooting took place in the area of
Larry's Pub on Cordeaux Avenue and Key West Street.
He is currently in hospital in stable condition.
Later, at 5pm an 18 year old was stabbed several times, again by
someone he knew.
Then at llpm, a 21 year old fell victim to two men in the John
Street area. One stabbed him in the abdomen, while the other
shot him in the leg.
Both of the victims are being treated in hospital where they are
reported to be in serious condition.

FROM page one

understand to be responsible
for Homeland Security in the
United States of America, has
repeatedly admonished as to
the inadvisability of discussing
port security matters in the
media. It is therefore unfortu-
nate that the ambassador has
continually found it desirable
to do so".
The statement added that the
public should be aware that the
ministry is "committed to ensur-
ing the highest standards" in
airport security and as soon as
the recommendations of the
task force are in hand, will seek

to implement the same on an
immediate basis.
Ambassador Rood had made
his comments while addressing
the media after his farewell lun-
cheon at the British Colonial
Hilton on Wednesday, saying,
"I wish the security at the air-
port would not be where it is
right now. I wish it was better, I
wish we would have seen
improvements in the past two
and a half years and quite hon-
estly we have not seen any
improvements, but government
right now is very serious about

Ingraham hits out

at PLP campaign

FROM page one
contesting 39 of the 41 constituencies in the general election.
The only seats the PLP will not contest are Bamboo Town and
Long Island-Ragged Island.
The FNM will be contesting 41 of the seats.
When referring to the PLP's candidates last night, Mr. Ingraham
said: "They are well known to the Bahamian public as members of
the most ineffectual, conflicted, scandal-ridden and compromised
government our country has had to endure since the achievement
of Majority Rule in 1967."
"They promised an ethical government; instead we have a gov-
ernment without principles or moral compass," Mr. Ingraham said.
The FNM leader said the government's development strategy
rests on a completely misguided policy of land sales and concessions.
Left in place, he said, this strategy will negatively influence the
social and cultural development of the Bahamian people.
"The foreign sale of Bahamian land during the FNM's entire ten
years in office amounted to $605 million. The then opposition crit-
icized our land policy as the selling of the Bahamas.
"Within the last five years under their misguided and unplanned
strategy of development, the PLP has presided over the sale of more
than $1 billion of Bahamian land. This sale of land to foreigners is
the principal source of the growth in external reserves of which they
now boast, and which they are busily frittering away," Mr. Ingraham
Mr. Ingraham also said the retirement of former Prime Minister
Sir Lynden Pindling was good for the Bahamas.
"It was good for our parliament, and it was good for Perry
Christie and the PLP," Mr. Ingraham told supporters.
"It was Perry Christie's decision to recommend to Sir Lynden that
he move sooner rather than later to his retirement. That is what he
said. Those are words out of Perry Christie's own mouth," Mr
Ingraham said.
In respect to the PLP's claim that he has been "double dipping"
by receiving a prime minister's pension and a salary, he said: "I
receive that which the former Prime Minister received, no more, no
Mr. Ingraham said that during the course of the FNM's campaign
he will have more opportunities to "stuff more of Perry Christie's
own words down his throat."

284 Bay Street 302-2800 Mall at Marathon 393-4406

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

FRIDAY, MARCH 30, 2007, PAGE 13



Eldest Castro

says younger

brother Fidel

doing well

eight months

after surgery

RAMON Castro said
Wednesday that his younger
brother Fidel was doing very
well almost eight months after
surgery, but jokingly dodged
reporters' questions about
whether the leader would soon
appear in public, according to
Associated Press.
"He's in one piece," the 82-
year-old Ramon said of 80-year-
old Fidel as he toured a cattle-
men's fair and rodeo with his
good friend John Parke Wright,
a Florida cattleman. "These
Castros are strong!"
Ramon Castro is a longtime
farmer and rancher who has
never served in a major gov-
ernment position. Wearing a
white guayabera dress shirt,
brown slacks and a cowboy hat,
he looked a lot like his younger
brother Fidel, with the same
Romanesque profile and thin-
ning white beard.
Puffing on a cigar as reporters
trailed him at the fair, Ramon
joked when asked if Fidel would
appear in public soon.
"Calm down; don't make
wrinkles that no one is going to
iron out later!" the elder Castro
said, eliciting laughter.
Bolivian President Evo
Morales said this month that he
expects Fidel Castro will soon
return to public life perhaps
even the presidency by April
'. 28, when a meeting of several
regional leaders is planned in
Fidel Castro temporarily ced-
ed power to his younger broth-
er Raul, the 75-year-old defence
minister, on July 31 after
announcing he had undergone
intestinal surgery. He has not
appeared in public since.
Fidel's health condition and
his exact ailment are state
secrets, but he is commonly
believed to suffer from diver-
ticular disease, a weakening of
the walls of the colon common
in older people.

Sign Castro may be recovering

as he assails US biofuel policies

FIDEL Castro lashes out
against US biofuel plans in an
op-ed piece published Thurs-
day, a sign Cuba's 80-year-old
leader may be taking a more
active role in public affairs after
months sidelined by a still
undisclosed illness, according
to Associated Press.
The article is written in the
same kind of apocalyptic style
Castro typically adopts when
discussing the impact of US
international policies on devel-
oping nations, and there was
no reason to doubt he was the
President Bush's support for
using crops to produce ethanol
for cars could deplete food
stocks in developing nations,
the article in the Communist
Party daily Granma asserts.
The headline reads: "Con-
demned to Premature Death
by Hunger and Thirst more
thah 3 Billion People of the
"This isn't an exaggerated
number; it is actually cautious,"
says the article distributed by e-
mail early Thursday to inter-
national correspondents by for-
eign ministry officials.
As in some shorter messages
signed by Castro in the eight
months since he fell ill, the piece
does not seem aimed at dis-
pelling rumours about his health,
but rather at drawing attention

to his stand on world affairs.
It was unclear what the mes-
sage means in terms of Castro's
future role in domestic affairs.
In recent weeks, Bolivian
President Evo Morales and sev-
eral senior Cuban officials have
indicated that Castro could
soon take a more active role in
public affairs and may even
return to the presidency.
Castro temporarily ceded
power to his younger brother
Raul, the 75-year-old defense
minister, on July 31 after
announcing he had undergone
intestinal surgery. He has not
appeared in public since.
Morales recently said from
Bolivia that he expects to see
Castro in public on April 28
during a meeting in Havana
with presidents celebrating a
regional trade and co-opera-
tion pact.
Castro's condition and his
exact ailment are a state secret
but he is widely believed to suf-
fer from diverticular disease,
which causes a weakening in
the walls of the colon.
His older brother Ramon
Castro told reporters Wednes-
day that Fidel was doing very
well but dodged questions
about whether he would soon
appear in public. "He's in one
piece," Ramon Castro, 82, said
of Fidel as he toured a cattle-
men's fair and rodeo. "These
Castros are strong!"
In his Thursday article, Fidel

* RAMON Castro, the eldest brother of Cuba's President Fidel Castro, looks at a rooster
during the 12th Boyeros Cattleman's Fair in Havana on Wednesday. Ramon Castro said
Wednesday his younger brother Fidel was doing very well almost eight months following surgery,
but joked and dodged reporters' questions about whether the leader would soon
appear in public as expected.

Castro quotes extensively from
a Washington-datelined story
by The Associated Press
reporting on a meeting Mon-
day between Bush and US
automakers and their com-
ments about using corn to cre-
ate ethanol as an alternative to
fossil fuels.

"The sinister idea of con-
verting food into combustible
was definitively established as
the economic line of the for-
eign policy of the United
States," he writes.
The Cuban leader notes that
Cuba has also experimented
with extracting ethanol from

(AP Photo/Javier Galeano)

But if rich nations decide to
import huge amounts of tradi-
tional food crops such as corn
from developing countries to
help meet their energy needs, it
could have disastrous conse-
quences for the world's poor,
Castro writes.

........................................................................................................................................'G e n tle...................................................... s im p le n u n c o u ld le a d to s a in th o o d f o r J o h n P a ul,,.,....,..,,,.,...................... ..

'Gentle, simple' nun could lead to sainthood for John Paul

THE French nun whose tes-
timony of a mystery cure from
Parkinson's disease could
prompt the Roman Catholic
Church to beatify Pope John
Paul II is a gentle, simple
woman who is "deeply moved"
by what has happened to her, a
priest who knows her said
Thursday, according to Associ-
ated Press.
Sister Marie-Simon-Pierre's

identity had been kept quiet
until Wednesday, when a French
newspaper published her name.
Some of her colleagues in the
church were still reluctant Thurs-
day to talk much about her.
But the Rev. Robert Aliger,
a spokesman for the Diocese
of Aix-en-Provence, described
a humble nun who went
through an "incredible" expe-
rience an unexplained recov-
ery from Parkinson's after she
and her community of nuns

prayed to John Paul.
"All those that knew her
before and after see clearly that
she is cured," he said in a tele-
phone interview.
The diocese in south-east
France finished its yearlong
investigation into the nun's
claims last week and will pre-
sent its conclusions in Rome.
Its investigation was based
on medical records, blood-test
results, X-rays and doctors'
reports, "so that the bishop can

present a solid dossier in
Rome," Aliger said.
"It's a voluminous dossier,"
he said. "There are five boxes -
I saw them of originals and a
big box of X-rays."
The nun "had tears in her
eyes" at the closing session of
the investigation, he added.
"She is a gentle, reserved
woman," he said. "She is a very
simple, very ordinary person
who is, I think, deeply moved
by what happened to her,",

The nun also underwent a psy-
chiatric evaluation and had her
handwriting analysed, since a
change in handwriting is a classic
symptom of Parkinson's disease,
the Rome-based cleric spear-
heading her cause, Monsignor
Slawomir Oder, said this week.
Normally, psychiatric evalu-
ations are not typical for church
investigations into purported
miracles, but Oder said church
officials wanted to be particu-
larly sure in this case.

- q -;:~i .-. -*-.. -"! ,. ;*r, ."_.. . ,
J^.' *".".' I*. ^"*7"/7 ^
,~ ~ ,-.;

1.o *; -,, --,* -
;,: :-: ,-' -. .... ,;o,. ,,,sy ,.,
-' "7 ,r i Nl

One Sandy Port Plaza
West Bay Street

Phone: 242 327-6045

#3 Seventeen Mall

Phone: 242 351-7433

Authorized Sales Agents of Discovery Cruise Line



.... .. ... :: -- "- .. "r.'k '.-E '.: -.A,4 k .


PAGE 14, FRIDAY, MARCH 30, 2007

We have responded by improving

A B our customer phone service to not
only accommodate emergency calls
but general billing inquiries to our
S24 hour telephone number, now
available for the entire island to call: 352-8411.
Phones are manned by the customer service
department from 8am to 10pm and late at night, for
emergencies, these calls are routed to our main
plant. This summer, we will officially open our
Customer Call Centre, which will be available to our
customers 24 hours a day an l.vill help you with any
billing, service or emergency needs

i may now also pay your power

Due to Increased investment In system upgrades In
2006, service interruptions have decreased by 70%
and we are proud to report that the actual minutes
that customers are without power have been greatly
reduced. Here are some of the areas we focused on
in 2006:

Grand Bahama Power
Company spent
SS. $1 million in 2006 on a
major neighborhood pole
" replacement program.
Over 551 power poles
were replaced in local
I ., ,, communities: Pioneers
Loop 1, 2, F 3; Coral
Reef 1 2, & 3; Caravel
Pictured s an old pole and Beach; ahama.Terrace;
a new pole replaced in the Mayfield Park and tfhe
"Back-of-Towno Freeport.
Back of Town, Freeport.

Freeport's four substations were completely
transformed by local Bahamian engineers
and line staff With the assistance of two
International engineering specialists. The
substation project, which was completed In
just under a year, represents an Investment of
$ 2.5 million in equipment and new technology
In order to reduce the Impact of high frequency
swings caused by Industrial usage. It included
the Installation of larger transformers which
will assist in ensuring reliable supply to local
business and homes during our peak summer

on line with these

3 local banks:
Bank, First

Caribbean International, Royal
Bank of Canada and Scotiabank,

We have also upgraded our website service so that
you can make a service request on line 24 hours-a-
day. This form is easy to fill out and is accessible on
our website or directly at:
www. gb-powrr.com/feedback.php

r,- For our customer's
.- --.. convenience, we have a
"- "- '--- cheque drop box at our

Grand Bahama Port Authority Building. Cheques are
removed from the drop box at 8:30 a.m. each
Weekday for processing that day.

Estimating bills: since 2002 we have worked to
decrease the number of estimated bills we send
out. In 2002 we estimated 7% of our billings,
currently we estimate only 1% of our bills. All
estimated bills are automatically adjusted to reflect
the actual consumption at the next reading of your
meter. During hurricanes or emergency situations,
we redeploy meter readers in order to swiftly
address service restoration and other emergency
repair duties, at which time, service restoration and
emergency duties take priority over meter reading.

- Ii

The upgrade in these communities represented DrkKing, Director of Transmfssionand Distribution shows
an investment of $600 per house. Customers some of the upgrades at the Freeport sub stations.
in these areas are receiving improved power
supply and service calls have been reduced by :

One of our customers, Mr. Shane Williams, a
resident in one of the improved neighborhoods

U I have lived here for 10 years, .
and before the hurricanes I had
problems but now with the new
system...I am very satisfied with A senior employee takes new Grand Bahama Power Co,
the service I receive. trainee on a weekly substation visual check.
i tW ** 9 t -- L- 1


At the company's Peel Street generating plant,
we made an investment of $700,000 to improve
reliability on one of our largest generating units.
We engaged specialists in boiler operations to work
on this unit, a 40 mega watt steam generator. The
investment has resulted in improved reliability and
fewer service interruptions as the unit has not
suffered any further disruption of service but in fact,
has remained in continuous operation since then.



* '9


As part of the substation upgrades, old breakers (left)
were replaced at each substation with state of the art
equipment (right).

Grand Bahama Power generates electricity-using fuel
oil. The cost of this fuel is determined by the price
of oil in the world market. In order to try and ease the
impact of rising oil prices on our customers, Grand
Bahama Power Company buys its fuel in bulk from
major fuel suppliers so that we can reduce the cost
to our customers. The company strives to operate
efficiently and keep its non-fuel costs stabilised. We
have been successful in controlling our prices, as
Grand Bahama Power Company's prices are among
the lowest in the Caribbean.






"Lit -8411 or log on to ww -power.com


Sas 0

our ust ar

FRIDAY, MARCH 30, 2007, PAGE 15

In 2006, two outstanding ladies were selected
employees by the Grand Bahama Power C
Recognition Committee for their efforts at
our company's future bright.

Joanne Sands has be
the company for over 2
and is currently Con
Secretary to the Presiden
Ms. Sands was describe
colleagues as a profession
an exceptional attitu
amazing ability to work


The 2006 hurricane season was quiet for the
Northern Bahamas which gave us the opportunity
to reinforce our hurricane preparedness plan to
better serve our customers during the approaching
hurricane season.



Pictured above is a fully stocked Grand Bahama Power
Co. yard with poles and transformers, ready for any
Impending hurricane (drn ;.y.
SAfter the hurricanes of 2004 and 2005, we replaced
over 2,000 power poles, on the company's
transmission and distribution system. These new
poles have been strengthened to withstand 150
*lmph winds. Grand Bahama Power Company has
.also implemented a Geographical Information
.System (GIS), that manages data and tracks poles
for maintenance, providing our crews with unique
information on required parts for each pole before
line crews are deployed. The process greatly speeds.
up maintenance schedules and improves response
times in restoring service to our customers.
-- :Il i


Pictured are damages sustained to po',er infrastructure
during past hurricanes.

During the last few hurricanes, our employees
significantly extended themselves to serve
customers in disaster conditions. To better facilitate
our employee development and ensure quicker
responses to our customers, the company has
- invested over $250,000 in safety training and other
related training activities. We have made a further
investment in employees that have joined our skilled
line crews. These new team members are currently
involved in a new in-house training programme that
emphasises better support for hurricane relief efforts.

Grand Bahama Power Co. vigilamiiity n-iak;i repairs to10
power lines, after 2005 hurricanes.

Additionally, new relationships have been forged and
existing relationships strengthened withlinternational
companies to provide assistance during hurricane
restoration efforts. The companies from the United
States, Canada, Caribbean, as well as the Bahamas
Electricity Company will provide additional line
crews, special technical expertise and equipment.
We have also trained twelve employees to form
*'.* hurricane assessment teams. Each crew, comprised
o of two employees, will be the company's immediate
.on-the-ground assessment teams and will assess
the damage to the system following a hurricane.

Grand Bahama Power Company Is commi
partnerships with charitable organizations,
year we donated over $250,000 to many of
to be on education. We have assisted in pr
scholarships for students attending college
program for students interested in the fiel
school students lo attend Kettering Univer

summer programme.


f. '
if '

',: h Bfe a.'on Sctool

Our ongoing commitment to our child
our country, has seen our increase
the Grand Bahama Children's Home,
been assisting over the years through
parent company, Mirant Corporation.
cash contributions to the home each
home's increasing financial needs.

During 2006, the Grand Bahama Power
our service to customers. The surve
However, in our commitment to continue
Investment in our electricity system In

Reliable Power for High R
In our continuing efforts to Impro
is investing $1.6 million in bring
this commitment will help fuel th
will be the first underwater cable.
construction and is due to be con

Lightning Avoidance Syst
We are Implementing a state of
Bahama and the Caribbean. The
main plant and substations from
you during lightning storms. Thhi

Grand Bahama Power Coi
Our commitment remains to continue
you informed. Look for our newslett.

others and superb administrative skills."
Tanya Rus.e91 joined the
company's Accountmng
Department in 1989. She was most
recently moved to the Human
Resources Department as Payroll
Assistant. Ms. Russell Is an ideal
candidate for this award and was
described as a cheerful, patient,
helpful and polite employee who
always willing to assist and go beyond the call of
uty to help colleagues. She was also recognized for
er hard work, loyalty and dedication to her job and
he company.

m u ', '


mmunlty by supporting scholarships and through
ild a greater community here in Grand Bahama. Last
charitable organizations. Our key focus continues
Ing for a range of educational programs including:
id abroad, support for the Technical Cadet Corps
,e and technology, the support of Bahamian high
programme In Flint, Michigan and the company's

g school visiting program aims to teach young
Ut safe practices for electricity usage and this year,
unch a new Fun & Safe education program for local
part of our commitment to support education,
la Power Company adopted Eight Mile Rock High

a Power Company continually provides lighting
support to
he island,

future of
ment to
,e have
from out
with the

I ..'.; rr.. ..- : *'., . . ., C,* ,n.,.
*' : 4 ,'h * *" . ...
Po ree oo b

conducted an Independent survey to evaluate
gave us an 80% satisfactory service rate.
,e customer service, we are making additional
re are some of the key areas of Investment:

nd's future the Grand Bahama Power Company
- service to the east of the Island. It is hoped
- growth In the east end of the Island, and this
1 the Northern Bahamas. The project Is under
August of 2007.

ihtning avoidance system, the first for Grand
1 dollar investment will help to protect both our
ning hits, ensuring we can sustain our power to
due to be completed In July of 2007.

lews for you!
a our service to customers and that means, keeping
ower bills.

.6 VsontokepGan Bhmasa -reBrg


PAGE 16, FRIDAY, MARCH 30, 2007

The Tribune's & Kelly's

Coloring Contest

O I aa

* I

- II


A 0 I


1 Children ages 4-5, 6-8, and 9-10. Staff members and relatives of The Tribune and Kelly's are not eligible to enter.
2 Coloring may be done with crayons. Adults or an older child may assist the child in filling out the entry form, BUT NOT IN COLORING THE ENTRY.
3 Enter as many times as you wish. All entries must be in The Tribune by 5 pm on Friday March 30, 2007. Winners will be contacted April 3 and winners
published Thursday, April 5, 2007.
4 There will be one first-prize winner, one second-prize winner and one third-prize winner in each age group.
5 All entries become the property of The Tribune and may be used for any purpose including, but not limited to, publication in a future issue.


Child's Name:_

*Parent/Guardian Signature.

Tel: (hm) (cell) Age:

Stuffed Bunnies
Easter Candies
Basket Fixings
IT Party Goods
SW6* Silk Flowers

* Egg Colouring Kits
* Reading Books
* Beach Toys
* Yard Decorations
* Gift Items
* Baskets
* Stickers
and much more!

l l | House,
Kel ly Home
TU: (242) 3934002 *Fa (242)3934096

a w


- -- m 0 111,,& jt --



I Ie

FRIDAY, MARCH 30, 2007




Bahamian investment may

'double' workers in Phase 2

Government and Prime Minister 'show they're serious about encouraging Bahamian

entrepreneurs' by approving cruise/tourism-related Nassau Water Ferries project

Tribune Business Editor
A fully Bahamian-owned
investment project could
"possibly double" the 60
employees it is initially
planning to hire when it
starts phase two, The Tribune was told
yesterday, with the Government sig-
nalling it is "serious about encouraging
Bahamians" by approving in principle
the development for the western end of
Paradise Island.
Khaalis Rolle, the principal owner of
Nassau Water Ferries, said Prime Minis-
ter Perry Christie had agreed to sign-off
on the company's proposal to provide a
beach-day facility catering to hotel and
cruise tourists on the western end of Par-
adise Island, ending a 14-month

approvals process.
Mr Rolle said his project's approval
"signals that they [the Government] are
becoming serious about encouraging
Bahamians and providing good, high-
value opportunities for Bahamians who
do not have a previous track record of
large-scale investment"
He added: "I'm really happy. I think
it's [the approval] the beginning of the
end of a long journey."
Vincent Peet, minister of financial ser-
vices and investment, confirmed to The
Tribune that the Nassau Water Ferries
project had been approved in principle,
adding that "the details itre being worked
out now".
The minister added that the project
and other Bahamian-owned ones like it
were "critically important" to both the
Government and this nation's economy.


(FILE photo)

Mr Peet said of the Nassau Water Fer-
ries proposal: "It will be the primary
example of the policy of empowering
young Bahamians like Khaalis Rolle,
who will inspire others............."
The Nassau Water Ferries develop-
ment, which had initially targeted 16
acres at the western end of Paradise
Island to provide a getaway for cruise
passengers just five minutes away from
Nassau's main cruise terminal, aims to
fill a market niche for adventure tours,
excursions and sightseeing that encom-
passes the city's waterfront culture and
The major cruise lines in the past have
criticised the Bahamas and Nassau for
not offering enough different, new and
exciting tours and attractions, a senti-
ment that is not agreed with by Bahamas-
based shore providers.

Nevertheless, Mr Rolle said the nature
of the activities proposed by Nassau
Water Ferries would help to fill any per-
ceived gap.
"When you go back to some of the
comments made by the cruise lines,
they're very excited by having these tours
and excursions in Nassau, and this is
doing exactly that," Mr Rolle said. "What
we do add to the equation is that it's dif-
ferent and exciting.
"We're looking at employing up to 60
people in Phase I, and possibly doubling
that in Phase II."
Nassau Water Ferries' affiliate,
Bahamas Undersea Adventure, has
already started operations and been in
business for two weeks, Mr Rolle added,

SEE page 8B

Land purchases for US wants partner arrangement on Bahamas airspace

new port road done

Bahamas could earn $30-$40m per annum from taking control, but Rood says US support a must
- - - - - - - - - - -- - - - - - - - - - - - - - - - - -- -- - - - - -

Tribune Business Reporter
THE Government has
announced that, via compulsory
acquisition, it has taken posses-
sion of land in New Providence
that will be used for the new road
serving the relocated port facili-
ties in southwestern New Provi-
dence, paving the way for the
redevelopment of that part of the
island and two multi-billion
tourism developments.
The Prime Minister's office
earlier this week issued a govern-
ment notice that the land had
been appropriated by the Minis-
ter responsible for the acquisition
and disposition of Lands (the
Prime Minister) for "the public
purpose, namely construction, of
public roads and for uses related
In the notice, the Office of the
Prime Minister said that posses-
sion of the land should be
obtained before payment is made
to the rightful claimants.
The notice is dated March 16,
2007. According to the notice, the
Government is looking to acquire
14 plots of land near the Bahamas
Electricity Corporation (BEC)
Power Line Reserve and its sur-
rounding areas for the new port
Charles Klonaris, the Nassau

Move paves way for
Albany, South Ocean
projects as well as
downtown Nassau

Tourism and Developme nt
Board's chairman, said that while
the land purchases were another
major step in the port redevelop-
ment and transformation of
waterfront Nassau and downtown
Bay Street, it did not mean that
Bahamians can expect to see con-
struction of the new road anytime
"But it is another major step
and milestone for this project."
he added.
Mr Klonaris said the joint pub-
lic-private taskforce working on
the new port was still awaiting
the business plan for the port pi o-
ject, being drawn up by Ducth
consultants Ecorys-Liviense,
which is expected some time Ihis
summer, before any work can )e
However, Mr Klonaris noted
that they will begin to condt ct
rock and soil testing in the area to
determine the best way to con-

SEE page 5B

Government moves to grant

land to BAIC's business tenants

Tribune Business Reporter

THE Federal Aviation Administration
(FAA) is willing to enter a partnership agree-
ment with the Government that would allow
the Bahamas to assume control of its air space
and collect millions of dollars in revenue, as
the US agency serves in a supporting role.
Outgoing US Ambassador John Rood said
this week that the FAA had proposed a part-
nership where even though the Bahamas
would take over its air space, the US agency
would work as a contractor or partner in man-
agement of Bahamian air space.
"This would involve some training of
Bahamians. It would involve involving them in

the process, but it would ensure that the nec-
essary capital investments to properly manage
the air space are in place, the expertise, the
training, the maintenance and on and on,"
Mr Rood said.
"I have no doubt about the ability of the
Bahamian people or the air traffic controllers
to do the job, but it's a lot of responsibility all
at once. We're hoping that through a part-
nership agreement it can be transitioned, and
we can both participate and benefit from the
arrangement so the Bahamas can benefit
financially by having control over their air-
space. Yet they would also have the assur-
ance and the comfort level that the FAA,
with its years of experience, is their partner in
operating it."

The Ambassador said this arrangement was
crucial to the US for a number of reasons.
"One, the air space extends within miles
of our border, and knowing what is going on in
this airspace is very important to the security
of our country," Mr Rood said.
"Secondly, who is in that air space? Amer-
icans by far are the largest single group that is
in that air space, and the safety of those Amer-
icans is very important to us. So knowing that
there is the proper equipment, maintenance
and training is very important."
Mr Rood said he is confident this will be
seen as a "win-win arrangement", but he

SEE page 5B

Tribune Business Editor
THE Government has started
to convey land titles in the BAIC-
owned Soldier Road Industrial
Park to a select group of tenants,
the minister of financial services
and investments yesterday telling
The Tribune that the move was
designed to aid business expan-
sion plans and empower small
Bahamian firms and entrepre-
Vincent Peet said the Govern-
ment had "started to convey"
land titles to businesses such as
Holiday Ice, Chelsea's Choice
and Bapak, who had a long his-
tory as tenants ih the Soldier
Road Industrial Park and could
"justify and qualify" for this based
on the investments they had
made in their firms over the past
20 years.
All three businesses were being
considered for this initiative, giv-
en their long track records and
financial wherewithal.
The minister said the move was
designed to give long-standing
tenants "ownership" of their
properties and land, rather than

just being BAIC tenants.
"It helps Holiday Ice a id
Bapak and gives them the opp,'r-
tunity to expand," Mr Peet said.
He added that Bapak was n, w
producing PVC pipes, and gov-
ernment agencies, such as the
Water & Sewerage Corporati'on
and the Bahamas Electricity C r-
poration (BEC), had agreed 'o
use the company's products and
encourage the Bahamian priv;iie
sector to do the same.
"It's part of the empowerm at
process the Government I is
embarked on," Mr Peet sa d,
referring to the administration 's
policy of attempting to enco tr-
age Bahamian ownership and
investment in this nation's econ-
Greater Bahamian ownersHip,
small business growth and ';n
increase in the number of ent e-
preenurs is being sought in a 'id
to give Bahamians a greater sh ire
of the 'economic pie'.
Increasing the level of Baha ii-
an ownership may also br ng
more economic stability, as sL ch
businesses will be 'here to st ,y'
and not run away when hit ,y
events such as hurricanes.

Miami Herald Business, Stocks, Analysis, Wall Street

Insurance & Investments
to Build a Better Life
Telephone 242-393-1023



Employee motivation

must not be ignored

The most neglected per-
son in your organisation
is probably your
employee. Make sure you treat
them well. A motivated employ-
ee will be more productive, and
more likely to treat your cus-
tomers well. If you are quick to
blame your staff for every prob-
lem, have a high level of absen-
teeism, high shrinkage and high
labour turnover in your business,
make sure you start implement-
ing some of the following sys-
The first system you need is a
system for communication. It's
hard to motivate your workforce
if you don't communicate with
them. Use a variety of methods
to communicate, such as meet-
ings, telephone calls, formal and
informal discussions, forums,

awards, newsletters, confidential
surveys and welcome packs to
Communication is a three-way
street. First, you can communi-
cate downwards by telling your
employees what is going on in
the company. Keep them
informed so they are singing off
the same song sheet. Second, you
can communicate upwards by
creating processes that allow
employees to communicate with
management. Then listen to what
they have to say. You can avoid a
lot of grievances by implementing
processes for upward communi-
cation. And finally, you can com-
municate sideways by getting dif-
ferent departments to spend time
with each other, working in each
other's departments to foster a
greater understanding, thus







THURSDAY MAR 29TH 2007 2 P.M.- 5 P.M.
FRIDAY MAR 30TH 2007 2 P.M.- 5 P.M.
MONDAY APR 02ND 2007 10 A.M-1 P.M.
2 P.M.- 4 P.M.


i-'j~l Business

avoiding mistrust between
departments and branches.
The second system you need
is a system for enjoyment. There
is nothing like having fun as a
team to build morale and rein-
force team spirit. Look for ways
of injecting fun at work:
Have a procedure for creat-
ing fun activities. Have steak
outs, office parties and away days
to motivate your staff. Make
training seminars fun and inven-
Have a procedure for flexi
time. Allow some flexibility in
the system for those employees
who need to pick up their chil-

dren from school, or have
unavoidable commitments in
their lives. Try not to have meet-
ings at ungodly hours if your key
employees are women who have
their families to care for.
Have a procedure for work-
ing hours. Don't encourage
workaholism, as this is counter-
productive. Working till 8pm six
days a week is not a good way to
build morale.
The third system you need is a
system for Rewards. While pay is
not always the motivating factor,
poor remuneration can often be
demotivating. Try and base your
rewards scale at the higher end of
market rates to attract the bright-
est people to your company:
Have a procedure for bonus-
es by rewarding exceptional per-
formance with bonuses. Make
sure you also reward back-office
staff, such as administration and

accounting. Have a procedure for
Pay & Commission Structure by
rewarding performance, ability
and customer service, not length
of service, education or seniority.
Also, have a procedure for cre-
ating and monitoring a competi-
tive benefits package.
Implement a profit share.
Share company profits with your
staff on a regular basis, at least
twice a year. It's no point waiting
a year for a profit share, as that is
too far in the future to be moti-
vating. Show them statements of
what the company made, com-
pared to target, and give a break-
down. The more you give out
your profit share, the more your
staff will see it as an extra.
Implement a competition
scheme. This can be a good way
to motivate, but make sure you
explain the rules carefully, and

give lots of prizes just like in a
raffle to encourage the most
Also, try implementing a sug-
gestion scheme. A properly-for-
mulated suggestion scheme can
reward initiative, improve your
business processes, and can be
good for motivation.
The fourth system you need is
a system for recognition. Make
sure you build recognition into
your system, as it is one of the
cheapest ways of building moti-
vation, yet so few businesses do
Have a process for writing
letters. Thank employees for
exceptional service, or achieve-
ment, and when they have a great
idea. Recognise departments
when they have had a great
month, or when they keep their
areas tidy. Also, implement a
procedure for awarding badges
that reward top performance.
Have a process for remember
birthdays. Supply a birthday card
and a cake to your members of
staff on their birthdays. Have a
system for recognizing long-time
employees. Make a fuss of people
who have been five years in your
company; take them out to lunch
and make them feel special. Do
the same for each five-year
Have a procedure of man-
agement by walking around.
Make the time to walk around
your office; the areas where ydu
don't normally go, and get regu-
lar feedback from your staff. Be
quick to give praise, and also give
constructive criticism.
The fifth system you need is a
system for implementing a Loy-
alty Scheme. Loyalty is a two-
way street. If employees feel you
are loyal to them, they will often
show loyalty in return. There
are several ways to do this.,. -
Have a process to promote
from within. Unless your compa-
ny is small, or has been badly
managed, you should avoid
bringing in outsiders unless you
really have to. Often, the devil
you know is better than some-
one 'you don't.
Have a process for support-
ing your employees, particularly
if they need help or time off for
personal issues. Help them in
their hour of need and they will
often feel more committed to
Try implementing retention
bonuses. Consider paying reten-
tion bonuses to your key staff if
your company goes through
times of change.
Effective motivation of your
workforce is important to busi-
ness success. Don't be an
antipreneur and forget to plan
systems for this vital area. Your
employees are a key component
of your business. So, in order to
avoid the trap of antipreneurship,
make sure you spend sufficient
time on motivation, as it will pay
large dividends for your future
business success.
NB: This column is available
as an eBook at www.antipreneur-
Mark draws on 20 years of top-
level business, marketing and
communications experience in
London and the Bahamas. He is
chief operating officer of
www.ezpzemail.com, currently
lives in Nassau, and can be con-
tacted at
Mark Palmer.
All rights reserved



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The Election Committee of the College of The Bahamas wishes
to advise that the following persons have been nominated for the
below-listed positions:


Post of President

* (Left) Mr. Dale Gelin Student #000-003-3331
Undergraduate/BA/Public Administration;
* (Right) Ms. Anastarcia Nicholet Huyler Student #000-04-1860
(Undergraduate/AAScience/School of Hospitality/Culinary &
Hospitality Management Institute.

Post of Vice-President

* (Left) Ms. Ada Kenriva Bethel Student #000-01 -8883
Undergraduate/BBA/Economics & Finance
* (Right) Ms. Aqueelah Thompson Student #000-04-2093

Polling Stations
Open Today 9:00a.m. to 4:00p.m.
* Portia Smith Student Services Centre Foyer
* Culinary and Hospitality Management Institute (CHMI) Foyer
* Grosvenor Close

Visit our webse at www.cob.edu.b; j1?.(*iiClG & IjUDJ G i Mai




.. iU,




~heAM iami J |FRIDAY, MARCH 30, 2007


DOW 30


12,348.75 +48.39AT rT w i
1,422.53 +5.30 westAT&T Verizon win

CRUDE OIL 66.03 +1.95 $48B government contract


higher as


"eigh oil


Associated Press
NEW YORK Stocks ended
S'higher in volatile trading Thurs-
day as investors weighed fears
about mounting tension in Iran
* -gainst a report that indicated
better-than-expected U.S. eco-
nomic growth.
The major indexes bounced
around, and spent most of the
session looking for direction as
crude prices surged to a six-
month high. Investors remain
nervous about the West's
response to British sailors held
captive in Iran, and oil prices
crossed the $66 mark.
-This offset the Commerce
Department's final measure of
fourth-quarter gross domestic
product, which showed growth
of 2.5 percent. That could help
quell concerns the economy is
slowing too quickly. At the
same time, strong economic
growth could make it harder for
the inflation-wary Federal
.Rbserve to cut short-term inter-
est rates.
Investors also bought-and-
sold stocks to window dress
their portfolio ahead of Satur-
da's end of the first quarter.
S.The modest advance snapped a
three-day losing streak for the
.Dow Jones industrials.
"The market is at a pivotal
point," said Scott Fullman,
director of investment strategy
for Israel A. Englander & Co.
"The market has become more
volatile, and more sensitive, to
news items."
The Dow rose 48.39, or 0.39
percent, to 12,348.75. The index
.climbed as high as 12,381.91 dur-
ing the morning session.
Broader stock indicators also
finished higher. The Standard &
Poor's 500 index rose 5.30, or
0.37 percent, to 1,422.53, and the
Nasdaq composite index edged
up 0.78, or 0.03 percent, to
S Bonds slipped, with the yield
on the benchmark 10-year Trea-
sury note rising to 4.64 percent
from 4.62 percent late Wednes-
day. The dollar fell against
other major currencies, while
gold prices tumbled.
Oil prices extended their
gains Thursday after settling at
their highest level since mid-
September on Wednesday amid
political tensions in the Middle
East. Declining U.S. supplies
amid high demand also drove
up prices. Light, sweet crude
rose $1.95 to settle at $66.03 a
barrel on the New York Mer-
cantile Exchange, after rising as
high as $66.50.
In corporate news, U.S. Steel
announced it will acquire Lone
Star Technologies for $2.1 bil-
lion, which represents a 39 per-
cent premium. U.S. Steel rose
$3.61, or 3.7 percent, to $10L22,
while Lone Star surged $17.66,
or 36.5 percent, to $65.11.
The Russell 2000 index of
Smaller companies rose 1.54, or
019 percent, at 798.94.
Advancing issues outnum-
bered decliners by about 2 to 1
on the New York Stock
SExchange, where volume came
Sto 2.81billion shares, down from
2.88 billion on Wednesday.
Overseas, Japan's Nikkei
stock average closed up 0.05
percent. Britain's FTSE 100 was
up 0.91 percent, Germany's
DAX index added 1.18 percent,
Sand France's CAC-40 was rose
1.42 percent.

* While three telecom companies
celebrated their win of a large
government contract, Sprint was dealt
a blow. The company had provided
services to the government for nearly
20 years.
Associated Press
munications and Verizon on Thursday were
awarded the government's largest telecom-
munications contract ever, a 10-year deal
worth up to $48 billion.
The contract winners, who beat out
Sprint Nextel, don't simply split a pool of
money. They now have to compete with
each other for the various telecom needs of
dozens of federal agencies, the General Ser-
vices Administration announced.
The contract covers voice, video and data
services and technologies for as many as 135
agencies operating in 190 countries. Several
major departments, including Homeland
Security and Treasury, have already signed
While AT&T, Qwest Communications
International and Verizon gained an impor-
tant and deep-pocketed client, the
announcement was a huge blow to Sprint,
analysts said, because it has been providing
telecom services to the federal government
for nearly 20 years.
"The federal government was Sprint's

first major customer since the company
started," said technology consultant Warren
Suss of Jenkintown, Pa.
While current GSA officials would not
say why Sprint lost out, Bob Woods, a for-
mer official at the agency who now works as
a consultant, surmised that Sprint could not
meet the low prices of its competitors.
Woods estimated that Sprint could lose
roughly $200 million to $250 million annu-
ally in existing government business.
Executives from Sprint plan to meet with
GSA officials next week to discuss why their
contract proposal fell short, and the com-
pany will decide afterwards whether to file a
protest, spokeswoman Sukhi Sahni said in
an e-mail.
For the winners, Thursday's announce-
ment was perhaps most significant for
Qwest, the smallest among them. Suss said
Qwest can now leverage its government
business to gain more corporate clients.
Qwest senior vice president Diana
Gowen conceded that the Denver-based
company has its work cut out for it going up
against AT&T and Verizon, but said
Qwest's smaller size would make it more
Shares of Qwest rose 10 cents to close at
$8.95. Shares of AT&T advanced 22 cents to
end at $39.17. Verizon's stock price added 34
cents to finish at $37.57. Sprint climbed 49
cents to close at $19. All stocks trade on the
New York Stock Exchange.


Willa Norris, 8, left, and Hannah Fowler, 10, sit in a 2008 Chrysler Town and
Country minivan on Thursday in New York. Chrysler is teaming with Sirius
Satellite Radio to bring three channels, Nickelodeon, Disney Channel and
Cartoon Network, to select 2008 models. The driver's TV screen, for safety
reasons, operates only while the car is in park. The TV feature costs $470.
The cost includes the first year of service, after which the TV channels will
cost $7 per month, plus the satellite radio fee of $12.95 per month.


Housing slump expected

to keep economy sluggish

* The U.S. economy grew at an annual
pace of 2.5 percent last quarter,
hobbled by slumps in home building
and in corporate spending that show
few signs of abating.
Associated Press
WASHINGTON After ending 2006
lethargically, the economy is expected to
remain sluggish most of this year as busi-
nesses and consumers cope with fallout
from the painful housing slump.
The broadest barometer of the country's
economic health, gross domestic product,
grew at a 2.5 percent annual rate in the final
three months of last year, the Commerce
Department reported Thursday.
It was a small improvement from the
2.2 percent pace estimated for the fourth
quarter and a 2 percent growth rate logged
in the third quarter. However, the new read-
ing still marked a lackluster showing that
reinforced economists' predictions for simi-
larly listless activity in the coming quarters.
"I see the economy continuing this well-
entrenched, below-trend economic groove
that we are in," said Stuart Hoffman, chief
economist at PNC Financial Services Group.
According to various projections, GDP
growth will remain mediocre, hovering at
around the 2 percent to 2.5 percent pace in
the first half of this year. In contrast, the
economy's average, or trend, growth rate is
closer to 3.25 percent, economists said.
Gross domestic product measures the value

of all goods and services produced in the
United States.
In other economic news, the Labor
Department said new claims filed for unem-
ployment insurance dropped by 10,000 to
308,000 last week. That suggests the jobs
market is still in good shape.
Economists, however, predict the
nation's unemployment rate, now at rela-
tively low 4.5 percent, is likely to climb
higher perhaps closer to 5 percent by the
end of this year as businesses become
more cautious in hiring in response to
slower economic activity.
For all of 2007, analysts expect the econ-
omy to expand by 2.7 percent, which would
be the slowest in four years. The crumbling
housing market will cause some belt tight-
ening by consumers and businesses alike,
tamping down overall economic activity,
analysts predict.
The lingering toll of two years of interest
rate increases ordered by the Federal
Reserve to thwart inflation also figures into
the expected cooling of economic growth.
The new GDP report comes amid grow-
ing anxiety about mounting troubles with
risky mortgages, the severity of the housing
slump and weakness in business investment.
In the fourth quarter alone, investment in
home building was slashed by 19.8 percent,
on an annualized basis, the most in 15 years.
Pain will continue from the housing slump
that started to grip the economy last year,
ending a five-year housing boom.

ONE AAA WILL DO: The Philips Electronics mobile phone,
with a built-in compartment for an ordinary AAA
battery to power the device when the main battery
runs low, was on display at the CTIA Wireless 2007
convention in Orlando, Fla., on Thursday.

Cellphone can run on

regular AAA battery

From Herald Wire Services
Philips Electronics is introducing a mobile phone with a
built-in compartment for an ordinary AAA battery to power
the device when the main battery runs low.
The Xenium NRG handset was developed in collaboration
with battery maker Energizer Holdings (ENR) and Tech-
tium, an Israeli chip maker specializing in battery manage-
ment technology.
The AAA battery inserted into the phone can be of any
brand or type, whether rechargeable or disposable. The com-
panies say the AAA battery can provide up to three extra
hours of talk time. The Xenium NRG is expected to be avail-
able later this year, but the companies did not disclose how
much it would cost or where it would be sold.

Discovery Communi-
cations, the producer of
documentary channels on
cable television, will buy
Cox Communications Hold-
ings 25 percent share of the
company, boosting billion-
aire John Malone's stake.
Cox will receive $1.28 bil-
lion and ownership of the
Travel Channel and
Antenna Audio, which pro-
vides self-guided tours and
multimedia presentations at
museums, Discovery said.
The purchase gives
Malone's publicly traded
Discovery Holding a 66 per-
cent stake in the cable pro-
grammer, which produces
channels including TLC,
AnimaltPlanet and Discov-
ery Health. Malone must
still buy out minority inves-
tor Advance/Newhouse
Communications to gain full

Apple (AAPL), the com-
pany that popularize selling
songs online for 99 cents
apiece, now hopes to buoy
interest in albums, giving
customers credit for pur-
chases of full albums from
which they have bought
* individual tracks.
Apple introduced the
"Complete My Album" fea-
ture Thursday on its iTunes
Store. It now gives a full
credit of 99 cents for every
track the user previously
purchased and applies it
toward the purchase of the
complete album.
For instance, most
albums on iTunes cost $9.99
so a customer who already
bought three tracks can
download the rest of the
album for $7.02.
Shares of Apple climbed
51 cents to close at $93.75 on
the Nasdaq Stock Market.

0.9% IN THE 4Q
The economy for the
region that uses the euro
currency grew 0.9 percent
in the last three months of
2006 and 2.6 percent for the
year, the European Commis-
sion said.
The executive arm of the
European Union said it
expects continued growth in
the 13-nation euro zone this

Lloyd's of London, the
world's biggest insurance
market, reported a pretax
profit of 3.66 billion pounds
($7.2 billion) during 2006, a
year of few global catastro-
That marked a reversal
from Lloyd's pretax loss of
103 million pounds in 2005
because of hurricane dam-
age claims.

Delta Air Lines
(DALRQ.PK), the nation's
third-largest carrier,
reported that it earned $55
million on revenue of $1.25
billion in February in con-
trast to a loss a year earlier.
The profit, which
amounted to 23 cents a
share, was disclosed in a
monthly operating report
for the 28-day period that
was filed with the U.S. Bank-
ruptcy Court in New York.
Delta said in a statement
the profit for February com-
pared to a net loss of
$209 million in February
Excluding reorganization
items, Delta said it lost
$43 million last month.
As of Feb. 28, Delta had
$2.7 billion of unrestricted
cash, cash equivalents and
short-term investments.

4un 635p: Late 4VO W"Zw OFl
Stoc n. e dose cs on Stod Tr. d1= t d" h.r
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Nasdl0Tr QQQQ 43.57 43.59 +.02 54312 M&co LOS 2723 27.23 201
KindMorg KMI 10632 10632 54047 iyland RYL 42.33 42-33 1976
SPDR SPY 141.97 142.07 +.10 43280 Fami Nf FNM 55.19 55.19 1341
FRedWac FRE 59.82 59.82 40129 Hallibts HAL 32.04 3204 U1
C CCU 34.1 34.81 37250 Medmui MEDI 35.72 35.2 16MI
GdSpfO GSpO 2 6. 0 35742 Miro o MSF T 77.75 Z7. 75160
&MySq BMY 27.91 27.91 34035 Fosf MST 2.75 27.- 160
Sw SUtW S.96 5.96 3276 Ft F 7.95 76.94 -l
5 Pa S 25' 25.99 28765 syso SYY 33.74 33.74 M17
AmlE 25.69 2 5.69 28000 CVSCare CS 34.16 34.16 1493
PMC Sra 6.30 6.59 +.29 22219 LiganPtin LGND 9.99 9.99 14338
iedBR FBR 551 5.51 21516 Cisco SCO 25.43 25.40 -.03 14122
For up-to-date stock quotes, go to wwwJiamiHerakldcom and click on Business


-. e 4 meAeem i-~et .. - ..a r'

THE MIAMI HERALD I MiamiHerald.com

S&P 500o +530 NASDAQ +.78 DOW +4 t39 6-MO T-BILLS 30-YR T-BONDS V -.01 GOLD
1,422.53 2,417.88 12,348.75 4.86% ... 4.82% $661.50


1,500 .. ..... ... ...... ... 2,650 2,490 ............... ..
1,400 2,550 2,410 'a d

1,450. 400-010 DAYS. 2330.. 10 DAYS.
1 ,360 D..... . .. Z, 3 0 . ..- .. ....... ....... ... .

1,3500..... ...... .como

Close: 1,422.53 : Close: 2,417.88
Change: +5.3 (+0.4%) Change +0.78 (+0.03%)
1,30 0 .......... ...... ... .. .. ...... . ... ............. ....... .. .. 2 ,150 N J F .. .... 5... 0 ... ......5 0 ...................................5 0 ......................
S O N D J F m S O N D J F M


DOW 12381.91 12267.59 12348.75 +48.39 +0.39% V A'
MM NS DOW Trans. 4843.17 4762.72 4802.51 +8.86 +0.18% V V
NY NAS DOW Util. 504.10 500.11 50337 +1.91 +0.38% A A
Vol. (in mil.) 2,819 1,905 NYSE Comp. 9293.11 9218.53 9279.08 +60.55 +0.66% V A
Pvs. Volume 2,875 1,837 NASDAQ 2433.04 2396.83 2417.88 +0.78 +0.03% V A
Advanced 2089 1501 S&P 500 1426.24 1413.27 1422.53 +5.30 +0.37% V A
Declined 1222 1459 S&P 400 851.79 841.67 847.45 +0.01 ...% V A
New Highs 143 65 Russell 2000 803.09 791.42 798.94 +1.54 +0.19% V A
New Lows 18 69 Wilshire 5000 14458.44 14319.59 14413.23 +43.88 +0.31% V A

Na Last Cbg
ABB Ltd 17.18 +.24
ABN Amro 43.00 +35
ACE Ltd 57.38 +30
AES Cp If 21.76 +30
AFLAC 46.92 +.17
AMR 30.14 -.48
ASML Hid 24.65 +A41
AT&T Inc 39.17 +.22
AU Optron 14.15 +.06
AXA 42.42 +.42
AbtLab 55.81 +.05
AberFitc 76.01 -.18
Accenture 38.68 +1.09
Adecco 16.23 +.18
AdobeSy 41.53 -.05
AMD 13.08 -30
Advantstrs 44.78 +.04
Aegon 19.96 +.22
Aetna 43.45 -.68
Agilent 33.71 +.23
Ahold 11.61 +.16
ARance 45.40 +1.05
AirProd 73.75 +.14
AkamaiT 50.10 +.69
Akzo 76.16 +1.14
Alcan 52.78 +A2
AlcatelLuc 11.86 +.05
Alcoa 33.68 +.10
Alcon 132.36 +.46
AllgEngy 49.44 +.30
AllegTch 107.69 +2.59
Allergan 110.70 +.33
AlliBem 88.50 +1.03
Allianz 20.62 +.26
Aldlrish 59.92 +.59
Allstate 60.16 +30
AlItel 62.48 +.90
AltanaAG 64.50 +.16
AlteraCp If 20.10 +.05
Altria 87.14 +.93
Alumina 23.65 +37
AmBevC 51.75 +1.14
AmBev 54.34 +1,71
Amazon 39.81 +.47
AmbacF 8633 -.09
Amdocs 36.06 -.51
Ameren 51.15
AMovilL 47.88 +1.22
AMovilA 47.62 +1.12
AmCapStr 44.27 +.09
AEagleO s 29.94 -.40
AEP 49.03 +20
AmExp 56.46 +.60
AmIntGp If 67.20 +.05
AREst 119.20 +2.22
AmStand 53.08 +.22
AmTower 38.57 +20
Ameriprise 5730 +.67
AmeriBrg 53.47 +.01
Amgen 55.83 +.11
Amvescp 22.14 +.05
Anadark s 43.29 +.40
AnalogDev 34.36 -33
AngloAm 26.38 +.91
AnglogldA 44.52 -.13
Anheusr 50.16 +37
Aon Corp 38.08 -26
Apache 7150 +1.42
ApolloGIf 4436 -.05
Apple Inc 93.75 +.51
ApldMatI 18.50 -.15
Arce:orMit 53.12 +2.12
ArchDan 36.76 -.08
ArchstnSm 53.13 +.24
Assurant 53.75 +.57
AstraZen 53.72 +.09
AustNZ 120.19 +2.47
Autodesk If 37.15 -.44
AutoData 48.79 -.15
,AutoZone 127.68 +.15
AvalonBay 125.82 +.17
AveryD 64.43 -.48
Avon 37.24 +.24
BASF 111.69 +1.79
BB&TCp 4136 +.53
BCE gn 27.66 +1.65
BG Grp .72.65 +1.10
BHP BilLt 4832 +.94
BHPBil plc 44.82 +1.07
BJ Svcs 28.16 +33
BMC Sft 3124 +.09
BP PLC 65.75 +1.05
BT Grp 59.74 +.06
BakrHtu 67.16 +.98
BcBilVArg 24.51 +23
BcoBrades 40.94 +133
Bncoltau 35.14 +.54
BcoSnCH 17.80 +.17
BcSanChile 49.82 +.19
bkofAm 51.19 +.42
Bklreind 86.70 +.77
BkMont g 60.81 -.41
BkNY 40.56 +30
BkNovag 46.70 +.44
Barclay 57.23 +.57
Bard 79.63 +38
BarrickG 28.85 -.08
Baxter 53.22 +.46
BayerAG 63.56 +132
BearSt 151.08 +3.51
BectDck 76.11 +.95
BedBath 39.68 +.20
Berkley s 33.17 +.14
BerkHa A 107900 -390
BerkH B 3604
BestBuy 48.93 +.16
Biogenldc 4428 -.56
Biomet If 42.49 +.07
BlackRock 156.01 -.69
BlockHR 20.84 -.23
Boeing 89.76 +31
BostProp 114.65 -35

Name LastC Ch
BCE Inc 32.05 +1.92
BkMontreal 70.41 -.49
SuncorEngy 8930 +.13
TalismanEgy 20.63 +.42
UEXCorpo 6.95 +.61
EnCanaCorp 5935 +29
CVTechCIA 1.71 -.10
NortelNetwork 27.93 -38
EqnoxMnrso 2.23 +.03

Name Last Chg Name Last Chg Name Last Chg
BostonSci 14.54 +.16
BrMySq 27.91 +29 EchoStar 42.87 +.10 IndoTel 43.04 +1.38
BritAir 97.78 -.54 Ecolab 42.72 +20 Infineon 15.45 +.10
BritATob 62.74 +1.03 EdisonInt 49.52 +.04 Infosys s 50.16 -.30
BritSky 44.43 -.42 ElPasoCp 14.65 -.01 IngerRd 4333 +.45
Broadcom 31.05 -22 Elan 13.45 -.09 Intel 19.09 +.23
BrkfIdAs gs 52.75 +.05 ElectArts 51.29 -.50 IntcntlEx 122.97 +1.01
BrkfldPrp 39.68 +20 EDS 27.88 -.01 IntCtlHti rs 24.67 +.18
BungeLt 82.24 +.63 Embarq n 56.17 +.40 IBM 94.57 +31
BuriNSF 80.02 +.57 EmersnEl s 42.90 +.24 IntlGame 40.60 +.47
CA Inc 26.04 -.14 EEIChile 40.17 +.66 IntPap 35.89 -.11
CB REllis s 34.13 -.26 Enbridge 32.97 +.09 IntlPower 77.79 +.69
CBOT 184.18 -2.07 EnCana 51.26 +.39 IntntHTr 55.84 -.14
CBS B 30.50 +.13 Endesa 53.86 +38 Intuit s 27.05 +.07
CH Robins 47.58 -.08 Enel 5336 +.71 Ipsco g 130.41 +12.20
CIGNA 141.75 -2.91 EngyTEq 36.75 -.05 JPMorgCh 48.50 +.51
CITGp 53.21 +.70 EngyTsfr 57.95 +.03 JohnJn 60.34 +34
CNA Fn 43.08 +22 Enersis 16.08 +.04 JohnsnCtl 95.27 +.78
CNH Gbl 37.10 +.40 ENSCO 5535 +.60 JnprNtwk 19.91 +.29
CNOOC 88.91 +4.40 Entergy 105.16 +1.04 KLA Tnc 53.47 +.12
CPFL En 42.61 +33 EntPrPt 31.94 +.01 KPN 15.70 +22
CRH 43.07 +.62 EqtyRsd 47.67 +.55 KT Corp 22.35 +.21
CSX s 39.91 +1.06 EricsnTI 36.84 +.61 Kellogg 51.18 +.07
CVS Care 34.16 +.21 EsteeLdr 48.77 +.09 Keycorp 37.72 +.30
CablvNY s 3038 +22 Exelon 69.10 -.05 KeySpan 41.09 +.03
CadbyS 51.41 +.94 Expedia 23.00 +.52 KimbClk 68.80 +.08
Cameco gs 40.49 +.70 Expdintl s 4133 +33 f :-.
Cameron 63.48 +.83 ExpScripts 81.78 -.51 KindMorg 106.32 +21
CampSp 38.63 +.12 ExxonMbI 76.24 +.68 Kohis 76.22 +.47
CIBC g 87.18 +.52 FPL Grp 61.70 +.45 Kookmin 91.05 +1.67
CdnNRy g 44.24 -.44 FannieM If 55.19 +.69 KoreaEIc 20.07
CdnNRs g 56.42 +1.09 FedExCp 107.70 +.03 Kraft 31.52 +.06
CP Rwy g 55.86 +.22 FedrDS s 4536 +.03 Kroger 28.00 -35
Canons 5433 +.08 Fiat 2531 +.33 Kubota 44.83 -.25
CapOne 75.65 +.16 FidNInfo 45.50 -.13 Kyocera 95.03 +1.44
CardnlHIth 72.51 +.62 FifthThird 38.99 +.28 L-3 Corn 87.60 +126
Carnival 46.89 +.46 FirstData s 26.46 -34 LG Philips 17.12 +.03
CamUK 48.00 +.42 FirstEngy 66.82 +.29 LabCp 72.79 +.75
CarolinaGp 75,93 +2.05 Fiserv 52.99 +.06 LafargeSA 3930 +.54
Caterpillar 66.19 -.05 Flextm 10.85 +.10 LamRsch 47.15 -1.03
Celgene 52.70 -.17 Fluor 89.88 +.10 LVSands 87.01 -.36
Cemexs 32.80 -.05 FEMSA 111.82 +1.82 LeggMason 94.78 -.07
.Cemige 49.68 -+1.49 FordM .7.95 -.03 LehmnBr s 70.31 +.29
ChesEng 31.06 +.06 ForestLab 51.57 +.25 LeucNatl s 29.55 +.02
Chevron 74.95 +.87 FortuneBr 78.71 +.49 Level3 6.00 -.03
ChiMerc 531.11 +1.86 FranceTel 26.24 +33 LibGobA 32.47 -.21
ChinaLfe s 43.62 +1.56 FrankRes 120.47 +1.22 LibGIobB 32.58
ChinaMble 45.31 +1.12 FredMac 59.82 +.54 LibGlobC 30.30 -.07
ChinaNet 51.89 +2.40 FMCG 65.35 +1.14 LibMIntA n 24.06 +.16
ChinaPet 86.22 +2.97 FresenM 48.51 +.31 LibMCapA n 109.27 +.49
ChinaTel 50.19 +.98 Fujifilm 41.68 +.54 LillyEli 53.41 +.40
ChinaUni 1434 +.72 Gallaher 88.87 +.17 Limited 26.30 -.15
Chubb s 52.01 +37 Gannett 56.19 +.14 LincNat 67.55 +21
ChungTel 19.94 +.26 Gap 1733 -.17 LinearTch 31.47 -.68
CinnFin 4237 +.12 Garmin s 54.29 +.43 LloydTSB 44.34 +33
Cisco 25.43 -27 Genentch 81.59 -.46 LockhdM 98.10 +.92
Citigrp 51.40 +.44 GenDynam 76.65 -.18 Loews s 45.77 +.37
ClearChan 34.81 +.27 GenElec 35.55 Lowess 31.14 +.12
ClearCh 26.43 +.12 GnGrthPrp 63.46 -.59 Luxottica 31.92 +.56
Clorox 64.06 +.40 GenMills 57.92 +.30 Lyondell 30.65 -.34
Coach 49.80 -.06 GnMotr 30.89 -35 M&T Bk 116.37 +.80
CocaCE 20.02 -.08 GenuPrt 48.75 +.16 MBIA 65.77 +.83
CCFemsa 36.57 +.68 Genworth 35.00 +.06 MEMC 60.00 -.94
CCHellen 42.26 -.20 Genzyme 60.07 +.64 MGMMir 69.89 +.59
CocaCI 48.11 +.20 Gerdau s 17.92 +.48 Macerich 90.94 +.11
CogTech 89.69 -.67 GileadSci 76.25 +121 Magnal g 75.46 -.02
ColgPal 66.84 -.04 GlaxoSKIn 54.55 +.51 Manpwl 7339 -.60
Comcast s 25.86 +.10 GlobalSFe 62.24 -.14 Manulif gs 34.50 +.38
Comcsps 25.46 +.07 GoldFLtd 1824 +.06 Marathon 101.86 -.44
Comerica 59.59 +.68 Goldcrgg 24.24 -.45 MarlntA s 48.73 -.04
CmcBNJ 33.60 +.13 GoldmanS 20720 +.44 MarshM 29.50 +.25
CVRD s 37.02 +1.00 Goodrich 51.64 +.47 Marshlls 46.57 +39
CVRD pf s 3128 +.94 Google 460.92 -.96 MartMM 136.14 +1.27
CompsBc 68.65 +.25 Graingr 76.62 +.41 MarvellT slf 16.77 -.32
CompSci 5231 +31 GrantPrde 49.49 +1.41 Masco 2723 +.15
ConAgra 24.59 -.03 GpTelevisa 2938 +.29 MasterCd n 107.19 +.51
ConocPhil 69.17 -.07 HDFC Bk 6725 -.12 Matsush 20.40 -.07
ConsolE s 38.86 -.35 HSBC 87.52 +.72 Mattel 27.68 +.19
ConEd 51.25 +.33 Hallibtn s 32.04 +.73 Maxim If 29.74 -.71
ConstellEn 87.02 +.32 Hanson 80.57 +.56 McDnids 44.87 +.04
Coopers 45.32 +.17 HarleyD 5835 +.07 McGrwH 62.64 -.65
Coming 22.83 -.09 Harman 96.76 -.29 WIKesson 58.13 -.69
CorusGr 23.00 -.91 HarrahE 84.34 +.23 Medlmun 35.72 +.74
Costco 53.70 -.01 HarrisCorp 50.37 +.13 MedcoHlth 71.83 -.29
CntwdFn 33.85 +.13 HartfdFn 95.76 +1.21 Medtmic 48.97 +30
HIthCrPr 35.54 -.16 MellonFnc 43.05 +.37
CoventryH 55.66 -.61 HSCardDv n 24.78 Merck 43.95 +.72
CredSuiss 72.32 +.51 HSDiag n 24.71 -.16 MrkSerono 22.59 -.01
CrwnCstle 32.23 -.23 HSECanc n 22.42 +.15 MerrillLyn 81.51 -.77
Cummins 144.92 +1.49 HSETech n 26.01 MetLife 63.34 -.02
DJIA Diam 123.30 +.30 HSPatCre n 26.81 -.01 Metso 52.54 +55
DR Horton 22.08 +.03 Heinz 47.02 -22 Microchp 35.35 -.56
DTE 48.18 +.03 HellnTel 13.63 +.01 MicronT 11.84 -.17
DaimlrC 81.56 +.57 Hershey 54.64 -.56 Microsoft 27.75 +.11
Danaher 70.60 +.06 Hertz n 23.27 -.14 Millea s 36.56 +.49
Danone 35.54 +.49 Hess s 56.91 +.01 Millicomlnt 78.46 +1.06
Dassault 53.77 +.46 HewlettP 40.00 +21 Mirant 40.94 -.56
Deere 108.47 +2.97 Hilton 35.98 -.13 MitsuUFJ 11.33 +.10
Delhaize 91.85 -.05 Hitachi 7935 +2.30 Mitsui 377.99 +5.06
Dell Inc If 23.39 +.04 HomeDp 36.82 +.05 MizuhoF n 12.81 +.01
DeutschBk 133.43 +2.38 Honda 34.69 -.01 MobileTel 57.59 +.89
DeutTel 16.54 +.05 Honwillnti 45.94 -.09 MolsCoorsB 93.98 -.02
DevDv 62.75 -.19 Hospira 40.62 +.06 Monsanto s 54.87 +.59
DevonE 70.05 +.71 HostHotls 26.05 -.04 MonstrWw 47.12 -.68
Diageo 80.12 +.8 HuanPwr 3530 +.60 Moodys 62.09 +.57
DiaOffs 82.25 +1.81 HudsCity 13.63 +.08 MorgStan 78.43 +.10
DirecTV 22.87 +26 Humana 5728 -1.34 Mosaic If 26.37 -.10
Disney 3439 +.16 HutchTel 29.60 +.84 Motorola 17.71 -.02
DollarG 21.13 +.01 IAC Inter 3759 -.14 MurphO 5425 +22
DomRes 89.13 +.56 ICICI Bk 39A9 +.19 NCR Cp 48.01 +.07
DonIleyRR 36.76 +.14 ING 41.95 +39 NEC 533 +.12
Dover 48.76 +.41 iShJapan 14.67 +.02 Nil Hldg 74.89 +.86
DowChm 46.04 -.31 iShDJDv 71.60 +36 NIS Grp s 5.77 +.09
DuPont 4938 +.09 iShSP500 142.18 +.14 NRG Egy 73.75 +.10
DukeEgy s 20.47 +.15 iShEmMkt 116.52 +2.03 NTTDoCo 18.44 +35
ETrade 21.18 -.69 iSh EAFE 76.18 +.66 NYMEX n 135.72 +1.83
E.ON AG 45.03 +.49 iSRIKV nya 83.17 +27 NYSE Grp 94.98 -1.49
eBay 33.04 -.07 iShR2K nya 79.18 -.04 Nabors s 29.93 -.52
EMC Cp 13.66 +.17 ITT Corp 60.18 +.21 NasdlOOTr 43.57 +.05
ENI 64.89 +.83 ITW s 51.56 +21 Naspers 2426 +.24
EOG Res 71.87 +.20 ICI 39.60 +.51 NtAust 161.92 +1.41
EKodak 22.62 -.26 ImpOil gs 37.58 +.23 NBkGreece 10.77 +.19
Eaton 82.93 -.92 ImpTob 8930 +1.58

Name Last C Name Last Cg Name Last Cg
FronteraCopo 4.79 +.53 AeroplanlncU 19.55 CdnNatRes 6527 +1.18
EldoradoGid 6.86 -.16 Goldcorpinc 28.01 -.53 SaskWheatPI 8.53 +38
ArawakEngy 320 +.15 TelusCorpNV 5788 +1.66 Sino Forest 13.42 +.78
BkNS 54.10 +.47 PaladinOrdo 931 +30 TVIPacifico .17 +.01
Royal Bnk 58.19 -.07 Telus Corp 59.20 +1.53 BarrickGold 33.40 -.12
EastemPlat 2.05 +.02 MiramarMng 5.60 +.20 UonoreMng 1923 +.11
ProgressUn 13.02 +24 ManulifeFin 39.97 +31 Petrocanada 45.41 +23
YamanaGIdo 16.65 -.10 Nventalio 20 +.02 NorOriono 4.66 +.04
UTSEngyCorp 4.18 +.05 Oilexcoo 8.61 +22 FarallonReso .59 -.02

A -0.92%
A +531%
A +10.20%
A +1.53%
A +0.11%
A +0.30%
A +5.36%
A +1.43%
A +1.09%

Name Last Chg
NatlCity 37.51 +.63
NatGrid 77.64 +.22
NOilVarco 78.71 +.90
NatSemi 23.83 -.50
NetwkAp 36.39 -.03
NewellRub 31.18 +.24
NewmtM 42.49 -.28
NewsCpA 22.91 +.39
NewsCpB 2432 +.49
Nexen g 62.10 +.97
NiSource 24.62 +.19
Nidec 16.22 -.05
NikeB 104.97 -.16
NikeBwi 52.00
NippnTT 25.97 +30
Nissan 21.72 +.11
NobleCorp 79.47 +.52
NobleEn 60.23 -.46
NokiaCp 22.90 +.48
Nomura 21.05 -.17
Nordstrm 52.16 +.70
NorflkSo 49.93 -.11
Norsk s 33.17 +.68
Nortel Ifrs 24.12 -.35
NorTrst 6039 +.61
NorthropG 74.80 +.67
Novartis 56.89 +.62
NovoNdk 90.84 +3.19
Nucor s 66.11 +1.26
Nvidia s 28.70 -.51
OcciPet s 50.30 +.53
OffcDpt 35.00 -.02
Omnicom 10232 -.05
Oracle 18.16 -.01
Orix 131.22 -.81
PG&ECp 48.57 -.03
PNC 72.15 +.71
POSCO 106.88 +7.16
PPG 70.61 -.08
PPL Corp 41.23 +.18
Paccar s 73.74 +1.56
ParkHan 85.85 +.12
Paychex 38.43 -.77
PeabdyE 40.35 -.19
Pearsun 17.01 +33
PennWstgn 29.71 -.51
Penney 81.27 4.67
PeopBCT 44.41 +.57
PepsiBott 31.80 +.05
PepsiCo 63.59 +.70
PetroC g 39.20 +.25
PetChina 118.40 +3.60
PetrbrsA 90.75 +5.55
Petrobrs 101.32 +6.92
Pfizer 25.41 +.23
PhilLD 52.80 +.80
PhilipsEl 39.17 +1.22
PitnyBw 45.44 +.08
PlainsAA 58.88 +.38
PlumCrk 39.06 +.66
Polo RL 87.53 -.10
PortglTel 13.44 +.06
Potash 156.62 +1.37
Praxair 62.92 +.08
PrecCastpt 104.23 +.35
PriceTR s 4730 -.09
PrinFncl 59.86 +.25
ProctGam 63.26 +.25
ProgrssEn 50.81 +.08
ProgCp s 21.81 +.10
ProLogis 6439 +.47
Prudent 90.11 +.14
Prud UK 28.30 +.12
PSEG 8337 +.53
PubStrg 93.88 +.12
Publicis 48.22 +.11
PulteH 26.44 +.41
Qualcom 42.25 -.25
QstDiag 49.92 +.25
Questar 90.27 -.01
QwestCm 8.95 +.10
Raytheon 52.63 +.28
Realogy n 29.69 +.09
ReedElsNV 35.40 +.19
ReedEls plc 47.61 +.11
RegionsFn 35.58 +.63
ReliantEn 20.39 -.10
Repsol 33.74 +.45
RschMotn 135.85 -.06
ReutrGrp 53.92 -36
ReynAm s 63.03 +.88
Rinker 72.55 +1.80
RioTinto 225.70 +3.80
RobtHalf 37.12 -138
RockwlAut 60.07 -.34
RockColl 66.89 +.18
RogCm gs 32.29 +.38
RoHaas 51.78 +.25
Rostele 52.59 -.16
RoyalBk gs 50.23 +.01
RylCarb 42.25 +36
RoyDShllB 67.54 +.63
RoyDShllA 67.27 +.54
Ryanair s 44.89 +.52
SAP AG 44.63 +.18
SK Tlcm 23.41 +.15
SLGreen 133.75 +.53
SLM Cp 40.78 -.10
sT MSTech 55.34 +.01
STMicro 19.19 -.01
Safeco 66.69 +33
Safeway 36.61 -.54
SUude 37.55 -A48
SanDisk 43.82 -.88
Sanofi 43.41 +.48
SaraLee 16.77 -.08
Sasol 33.97 +.73
Satyam s 22.90 +.10
SchergPI 25.46 +.46
Schlmbrg 70.67 +135
Schwab 1836 -.05
ScotPwr n 62.88 +22

Name Last Chg
BreakwaterRes 1.86 +.01
BluePearlMng 11.99 -22
IntrepidMnso .40 -.04
YellowPgsUn 13.63 +.04
BoursedeMont 41.89 -2.63
Dynatec 327 -.03
CdnNatRail 51.18 -.63
CoalcorpMino .60 -.02
RioNarceaGId 4.58 +.08


CamecoCorp 46.88 +.73
BombdrBSV 4.65
DenisonMines 13.96 +.36
Enbridgelnc 38.20 +.30
ChariotReso .82 +.02




-5.00 EURO +.0013 CRUDE OI 1.95
1.3335 $66.03 1.95

estrates NET 1O
J 3-month T-bill 4.91 4.91 .. V V A 4.52
6-month T-bill 4.86 4.86 ... V V A 4.65
1-year T-note 4.86 4.83 +0.03 A A V 4.83
2-year T-note 4.55 4.55 ... T V V 4.80


5-year T-note 4.51 4.48 +0.03 A A V 4.80
10-year T-note 4.63 4.62 +0.01 A A 4.81
30-year T-bond 4.82 4.83 -0.01 A A A 4.84.



YEST 8.25 5.25
PREV 8.25 5.25
WK AGO 8.25 5.25


Lehman Bros Bond ldx4.85 4.84 +0.01 A A A 4.99
Bond Buyer Muni Idx 4.61 4.58 +0.03 A A V 4.77
Lehman US Inv Grade 5.25 5.25 A A V 5.44
Lehman US High Yield 7.60 7.56 +0.04 A A V 8.11
Moodys Bond Index 5.41 5.39 +0.02 A A A 558
Bank Index 11435 113.39 +0.96 V V A 106.71
DJ Corp Bond 199.67 199.68 -0.01 V V A 186.70

Unleaded Gas (gal) 2.14 2.05 +4.39 +33.6
Crude Oil (bbl) 66.03 64.08 +3.04 +8.2
Gold (oz) 661.50 666.50 -0.75 +4.1
Platinum (oz) 1242.60 1246.00 -0.27 +9.1
Silver (oz) 13.28 13.39 -0.82 +3.7
Coffee (Ib) 1.11 1.13 -1.77 -12.0
Orange Juice (Ib) 1.86 1.89 -1.59 -7.6
Sugar (Ib) 0.10 0.10 ... -14.9

Name Last Chg
SeagateT 23.42 -.38
SearsHldgs 181.20 +1.19
SempraEn 61.43 -.48
ShawC g 3736 +1.07
Sherwin 65.66 +.10
Shinhan 116.25 +35
Shire 63.06 +1.22
SiderNac 42.26 +1.13
Siemens 106.64 +.86
SimonProp 109.20 +34
Smith&N 63.40 -.10
Smithlntl 4857 +.76
Sodexho 73.45 +1.43
SonyCp 51.09 -.13
SouthnCo 36.91 +27
SthnCopp s 71.56 +.62
SwstAirl 14.63 -.06
SwstnEngy 41.16 +.51
SovrgnBcp 25.40 +.03
Spectra n 25.96 +.20
SprintNex 19.00 +.49
SPDR 141.97 +.15
SP Mid 153.82 -.48
Staples 25.99 +.17
Starbucks 31.33 +.05
StarwdHtl n 64.90 +.21
StateStr 65.07 +.24
Statoil 27.74 +.64
StoraEnso 17.40 +.11
Stryker 65.81 +.13
Suez 5337 +1.04
SunLfFn g 45.42 +.17
SunMicro 5.96 -.09
Suncor g 77.07 +.23
Sunoco 70.31 +.29
SunTrst 83.94 +.15
Supvalu 38.66 -.78
Swisscom 36.13 +.48
Symantec 17.45
Syngenta 37.30 +.79
Synovus 32.60 +.23
Sysco 33.74 +.27
TD Ameritr 14.96 -.29
TD Bknorth 32.19 +.02
TDK 87.40 +.90
TJX 26.85 +.35
TNT NV 46.12 +.99
TXU Corp 6436 -.58
TaiwSemi 10.80 -.02
TalismE gs 17.79 +.43
Target 59.75 -20
TataMotors 16.86 -.06
Technip 73.04 +.08
TeckCm gn 70.15 -.64
TelcNZ 26.82 +.02
Telltalia 28.63 +.33
TelltaliaA 24.72 +.24
TelBrasH 29.80 +.70
TelSPaulo 26.21 +.87
TelefEsp 66.02 +.66
TelMexL 33.43 +1.05
TAustria 51.02 +.52
Telenor 53.95 -.55
TelData 59.69 +.69
Telkom 91.00 +1.49
Telstra 1851 +.49
Telus g 50.03 +1.55
Templeln 59.53 ..01
Tenaris s 46.66 +.77
Terex s 7138 +.70
Tesoro 100.57 +3.24
TevaPhrm 36.85 +.16
Texlnst 3039 -31
Textron 90.09 +.76
ThermoFis 45.92 -.12
Thomson 41.95 +.07
3M Co 76.09 -.29
Tiffany 45.57 -.35
TW Cable n 37.05 -30
TimeWarn 19.85 -.06
Trchmrk 65.41 +.67
TorOBk g 60.33 +.34
Total SA s 70.04 +.90
TotalSys 31.65 -.09
Toyota 129.95 +1.09
TrCda g 33.40 -.03
Transocn 82.75 +1.38
Travelers 51.82 +.02
Tribune 31.53 +.40
Turkcell 13.16 +.21
Tycolntl 31.14 +.10
Tyson 18.96 -.23
UBS AG s 59.54 +.79
UPM Ky 2538 +.28
USTInc 57.72 +.59
UltraPt g 53.25 +.50
UUniao 88.76 +1.26
UnilevNV s 28.90 +.47
Unilever s 29.76 +.46
UnionPac 10130 +1.26
UnBnCal 63.50 +.43
UtdMicro 324 +.02
UPS B 70.16 -.24
US Bancrp 35.01 +.24
US Cellular 73.34 +1.39
USSteel 101.22 +3.61
UtdTech 64.99 -.38
UtdUtils 2931 +.13
UtdhlthGp 52.84 -1.94
Univision 36.23
UnumGrp 22.93 +.40
VF Cp 8230 +.03
ValeroE 65.14 +1.07
VeoliaEnv 74.20 -.26
VerizonCm 37.57 +.34
ViacomB 40.66 -.14
VimpelCm 96.23 -1.37
VirgnMda h 25.50 -.16
Vodafone 27.89 +31
Volvo 83.74 +2.28
Vomado 117.44 -.56
VulcanM 116.87 +.82
WPPGp 75.76 -.95
Wachovia 5526 +.18
WalMart 46.72 +.08
Walgrn 46.20 -.15
WA MutI 40.70 +.35
WsteMInc 34.72 +.65
Weathfdint 46.15 +.09
WellPoint 80.41 -1.21
WellsFgo s 34.54 +.40
WstnUn n 2221 -.24
Westpac 106.04 +2.14
Weyerh 74.63 -.17
Whrlpl 84.49 +.12
WholeFd 44.26 -.17
WmsCos 28.94 +.42
Windstrm 14.62 +.12
Wipro 16.03 +.01
Wolseley s 23.85 +.07
WooriFn 72.68 +.50
Wrigleys 50.87 +.10
Wyeth 49.90 +21
Wyndham n 34.00 +.38
Wynn 96.00 +20
XL Cap 70.12 +.73
XTO Engy 55.57 +.52
XcelEngy 24.89 +32
Xerox 17.00 +.07
Xilinx 25.53 -.10
YPF Soc 41.41 +.16
Yahoo 31.34 -.07
YumBrds 57.70 -35
Zimmer 85.73 +21
ZionBcp 84.80 +.54

Name Last Cbg
GabrielReso 4.23 -.02
Crystallexo 4.23 -37
KinrossGold 15.79 -.15
SXRUraniumJ 16.15 +33

Largest Mutual Funds




AIM Wa 446 +.17 +12.9
ConstellA m 26.63 +.10 +1.4 rUei'ty Adso + PioneerA m 4&78 +.21+123
American Cent CapDevO 12.68 +.03 +6.5 utnam
Ultralnv 27.15 +.01 -3.7 DivIntlA m 23.75 +.22+11.9 GrowlncA m 20.07 +.09 +11A
American Funds Fidelity Spartan VoyagerA m 1&19 -.02 +2.1
AmcapA m 20.44 +.01 +7.0 5001ndxAd 98.70 +.37 +11.2 RI Soce
BalA m 19.06 +.05 +9.2 USEqlndxI 50.55 +.19 +112 DivrEqlnA m 12.99 +.08 +11.1
BondA m 13.39 ... +7.4 First Eagle LgCpEqA m 5.9 +.02 +9.7
CapIncBuA m 62.11 +36+19.4 GIbA m 46.77 +.15+14.7 Schwab
CpWIdGrA mn 42.64 +.40 +18.6 OverseasA m 26.02 +.09+17.0 Yk 9.69 +5.8
EurPacGrA m 47.74 +.48+17.4 FrankTemp-IrankBn Yee e
FundminvA m40.88 +.24+13.8 CATFA m 735 -.01 +5.9
GrowAmerA m3337 +.14 +7.7 Fed TFA m 12.13 -.01 +53 AmerShS b 46.21 +.22+11.7
HilncA m 12.71 +.01+11.4 HYTFA m 10.96 -.01 +6.8 TRowe Price
IncAmerA m 20.61 +.11+16. Income A m 2.72 +.01+17.7 BIChpGr 35.88 +.06 +6.8
InvCoAmA m 33.75 +.14 +12.0 SmMdCpGrA m40.00+.05 +5.9 CapApprec 20.93 +.05+11.6
MutualA m 29.62 +.11 +13.4 US GovA m 6.44 ... +5.4 Eqlndex 38.14 +.14 +10.9
NewEconA m 27.19 +.10+12.4 rankTemp-Mitdal Eqtyinc 29.48 +.14+14.2
NewPerspAm32.26+.27+15.8 Discov Am 31.55 +28 +17.7 GrowStk 31.86 +.07 +10.6
NwWrdA m 49.75 +.61 +24.2 Shares Z 26.86 +.16 +14.9 IntlStk 1721 +.17 +15.1
SmCpWIdA m41.20 +21 +16.7
TaxEBdAmA m12.50 -.01 +5.1 FankTemp-Templeton MidCapVa 26.15 +.03 +16.7
WAMutinvA m35.10 +.18+13.5 FgnA m 13.88 +.08+15.6 MidCpGr 5539 -.09 +3.7
ForEqls 27.42 +26+24.9 NewHoriz 33.46 +.02 +2
Artisan Growth A m 25.81 +.18 +16.5 Newincome &94 -.01 +62
Intl 30.20 +.29 +19.6 World A m 19.53 +.09 +15.7 SmCpStk 35.08 +4.2
Baron Fanklin Templeton SmCpVal 42.74 +.10 +5.1
Growth b 51.14 -.02 +6.4 FndAIIA m 14.04 +.06+15. Value 27.33 +.15+14.0
Bernstein Harbor Third Avenm
TxMIntI 27.13 +.29+17.0 CapAplnst 33.79 +.05 +2.4 Value 61.36+.30+11.5
BlackRock Intllnstl 63.96 +.89 +21.6
GlobAlcAm 18.52 +.08+12.0 Hartford IndValAm 2932+.27+18.7
Calamos AdvHLSIA 22.87 +.06 +9.5
GrowA m 55.08 +.17 -2.2 CapAprA m 38.15 +23 +9.7 wee +dy B3+6
Columbia CpApHLSIA 54.19 +34+112 GlobVal 3230 +23+162
AcornZ 31.01 +.06 +9.0 DvGrHLSIA 23.10 +.13+15.8 VALUC
DFA JPMorgan Stockldx 36.90 +.14+10.9
EmgMktVal 34.02 +.58+32.2 IntrAmerS 28.53 +.10 +12.4 Van Kaimen
IntlSmCap 22.78 +.17 +24.1 Janus ConstockA m1920 +.10 +13.1
IntlSmCo 20.77 +.15 +21.7 Contrarian 17.91 +.01 +20.8 EqlncomeA m 9.08 +.03+103
IntlValu 24.24 +.25 +25.9 Growlnc 38.65 +.13 +2.7 GrowlncA m 21.97 +.12 +12.4
USLgVal 25.72 +.09+14.9 Janus 29.07 +.11 +8.3 Vanurd
USMicro 15.88 +.02 +3.5 MidCapVal 24.73 +.04 +13.6 500 130.99 +50 +11.1
US5mVal 30.38 +.09 +8.9 Overseas 47.48 +.19 +27.6 AssetA 29.00 +.09 +11.6
DWS-Scudder Twenty 56.07 +33+11.6 CapOp 36.38 -.02 +5A
DremHRtEA m5031 +.21+11.6 John Hancock EmerMktd m 24.77 4+A3+20.4
Davis CisscValA m 27.48 +.14 +9.9 Energy 66.12 +.74+113
NYVentA m 38.86 +.18+11.9 LifBal b 14.59 +.05+10.1 Europeldx 37.57 +35+26.6
Dodge & Cox LifGrl b 14.99 +.06+10.0 Expr 77.29 -.01 +2.1
Bal x 87.50 -.82+11.5 Julius Baer Extndldx 40.23 +.05 +85
Income x 12.60 -.16 +6.7 IntlEql 45.12 +.45+24.0 GNMA 10.22 +5.7
IntlStk 45.83 +.45 +23.6 Legg Mason GIbEq 23.84 +.19 +18.8
Stock x 154.63 -1.02 +14.2. OpportnPr m 19.67 +.14 +6.1 Grolnc 36.56 +.18+11.7
Excelsior ValuePr b 71.62 +.12 +3.4 Growthldx 30.07 +.05 +6A
ValRestrA 54.33 +.48+11.1 LongleafPartners HYCor 6.25 -. +8,8
Fidelity LongPart 35.49 +.15+11.7 HithCare 146.92 +.24 +9.9
AstMgr50 16.47 +.03 +83 Loomis Sayes InflaPro 12.00 -.01 +5.2
Bal 20.04 +.03+10.0 Bondl 14.41 +.02+11.1 Instldx 130.00 +A.49+113
BiChGrow 44.03 +.11 +23 Lord Abbett InstTBdId 506 -.03 +6.4
CapApr 27.66 +.11 +6.9 AffiliatA m 1533 +.07+11.2 instTStPl 31.04 +.10+10.9
Caplnc 9.05 +.01+12.7 BondDebA m 8.10 +.01 +9.6 intlGr 24.60 +322+19.1
Contra 65.54 +.32 +8.1 MidCpValA m 23.04 +.01+12.7 Intival 4176 +34+19.6
DiscEq 29.87 +.09+12.1 MFS LifeCon 16.75 +.03 +93
DivGrow 31.74 +.13 +9.1 TotRetA m 16.46 +.04+11.2 LifeGro 2427 +.10+12.1
Divrlnt 38.09 +.34+16.2 ValueA m 2733 +.16+16.8 LifeMod 20.68 +.06+10.8
Eqlnc 58.31 +.29 +14.7 Marsico MidCp 20.66 +.02+10.1
FF2040 9.69 +.04 +9.8 Focus b 19.18 +.01 +33 Morg 1925 +.05 +7.0
Fidelity 36.55 +.15 +102 Morgan Stanley 1nsti MulntAdml 13.31 -.01 +5.0
Free2010 14.90 +.04 +82 IntEqA 21.44 +.20 +19.5 Pacificld 13.05 +.04 +11.0
Free2020 15.85 +.05 +8.9 Neuberger Berman Prmcp 69.07 +.14 +5.1
Free2030 16.37 +.06 +9.5 GenesisTr 50.16 +.23 +5.8 REITIdx 25.96 +.02 +18.5
Govtinc 10.08 -.01 +5.7 Oakmark STCor 10.61 +6.1
GrowCo 69.57 +.03 +23 EqIncI 26.69 +.07 +11.8 SelValu 2L91 +.10 +19.8
Growlnc 31.09 +.06 +5.9 Intl I 26.66 +21 +25.0 SmCapdx 33.70 +.05 +6.6
Hilnc 9.12 .. +10.4 Oakmark I 45.78 +.16 +13.1 Star 21.28 +.05 +9.5
IntBond 1031 -.01 +6.1 Select I 32.85 +.16 +8.5 StratgcEq 24.77 +.07 +8.9
IntlDisc 39.04 +.39+17.8 Oppenheimer TgtRe2015 12.69 +.03+10.6
InvGrdBd 7.39 ... +6.7 CapApA m 47.36 +.09 +5A Tgtet2025 13.29 +.05+11.6
LevCoSt 31.03 +.05+14.9 DevMktA m 41.90 +.61+16.5 TotBdld 10.01 -.01 +6.3
LowPriStk 44.66 +320+113 GlobA m 74.28 +.53+10.4 Totintf 1839 +.16+213
Magellan 91.41 +32 +3.6 MainStrA 40.89 +.13 +9.5 TotStldx 34.43 +.12+10.7
MidCap 31.04 +.07 +8.0 RocMuniA m 18.78 -.02 +73 WeNsI 22.06 +.04+11.9
OTC 42.02 -.03 +52 RochNtIMu m 12.80 -.01 +8.6 l 32.63+.13 +12.6
Overseas 46.31 +.47 +16.9 PIMCO Wndsr 18.74 +.05 +14.1
Puritan 20.23 +.06 +12.1 AIIAsseU 12.81 +.02 +7.9 Wndsril 35.36 +.18 +15.2
Realiny 3730 +.03+18.3 ComRIRSt 14.66 +.13 +8.8
ShTmBond 8.87 -.01 +5.2 LowDrls 9.95 -.01 +52 Western Asset
SmCapStk 19.76 +.01 +2.6 RealRet 10.91 -.01 +5.0 CrBdinst 11.38 -.01 +8.1
USBdindx 10.91 -.01 +6.4 TotRetis 10.44 -.01 +62 CrPIBdIns 10.57 -.01 +8.5


If ',

|1 I

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'- ''

. o

* I

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, 0


A3 A


Foreign 6MO. l .
Argent (Peso) .3223 +.0004 +.12 3222 -.0025
Brazil (Real) .4891 +.0056 +1.14 .4653 +.0381
Britain (Pound) 1.9619 -.0000 -.00 1.8710 +.2271
Canada (Dollar) .8629 -.0001 -.01 .8947 +.0100
Chile (Peso) .001855 +.000005 +.27 .001861 -.000023
Colombia (Peso) .000465 +.000005 +1.08 .000417+.000028
Dominican Rep (Peso) .0307 -.0000 -.00 .0300 -.0002
Euro (Euro) 1.3335 +.0013 +.10 1.2678 +.1310
Japan (Yen) .008475 -.000081 -.96 .008467 -.000018
Mexico (Peso) .090780 +.000491 +.54 .091100 -.000417
Uruguay (New Peso) .0415 -.0000 -.00 .0419 +.0001


S&P 500 1422.53 +5.30 +0.37% V A A +030%
Frankfurt DAX 6897.08 +80.19 +1.18% A A A +4.55%
London FTSE 100 6324.20 +57.00 +0.91% A A A +1.66%
Hong Kong Hang Seng 19821.78 +267.91 +1.37% A A A -0.72%
Paris CAC-40 5631.53 +78.84 +1.42% A A A +1.62%
Tokyo Nikkei 225 17263.94 +9.21 +0.05% V V A +0.22%

Buenos Aires Merval 2099.09 +27.02 +1.30% A A A +0.41%
Mexico City Bolsa 28704.24 +605.96 +2.16% A A A +8.53%
Sao Paolo Bovespa 45355.13 +871.03 +1.96% V A A +1.98%
Toronto S&P/TSX 13258.02 +60.87 +0.46% A A A +2.71%

Seoul Composite 1450.95 +11.21 +0.78% A A A +1.15%
Singapore Straits Times 3228.88 +27.13 +0.85% A A A +8.14%
Sydney All Ordinaries 5940.70 +27.40 +0.46% A A A +5.25%
Taipei Talex 7848.33 +60.19 +0.77% A A A +0.31%
Shanghai Shanghai B 176.75 -2.43 -1.36% V A A +35.85%





', *4






I 5



I 5



A 5

A 5



Land purchases for new port road done

firm selected bv the Bahamian million. The total value of its development, scheduled to opei
FROM page 1B government showed it would home products will be between in 2010 with construction hope
inject a cumulative $1 billion in $1.2 billion and $1.5 billion. fully beginning this year, would
extra gross domestic product Albany has been planed as a res- inject $172 million in visit
-(GDP) into the Bahamian econ- idential community, and the fact spending into the Bahamiai
omy over its first 12 years in exis- that its residents will be present economy during its first full oper
aaen ostruct the road. tence. year-round is likely to mean a national year.
SThere is a lot of preliminary The independent economic greater economic spin-off for the
work that is going nn. and this study on Albany had shown that wider Bahamian economy. Spending
S road acquisition is one of these," 700 permanent, full-time jobs The investors behind Albany
B ah a m a s i rs pa c he said. would be created, with another are the Tavistock Group, the Hard construction spending
The relocation of the shipping 400 "indirect and induced" from holding company for worldwide which would involve the con
c rnmpnies cnrrcntlv octed oni entrepreneurial ventures and investments made by Lyford Cay struction of new buildings and

FROM page 1B

added that it would be a long
and difficult negotiation.
"There are conversations tak-
ing place, but I don't think any-
thing will be resolved until after
the next elections," he said.
If the Bahamas can take
charge of its airspace, it could
increase government revenues
by tens of millions of dollars per
annum. Because the US author-
ities currently provide the ser-
vice, they collect the pilot and
airline fees, which are estimated
at $30-40 million annually.
The Government has also
estimated that the takeover
could provide at least 120 jobs
for Bahamians.
Prime Minister Perry Christie
had hoped that some of this rev-
enue could have been realized
as early as the 2004-2005 Bud-
get, but the process is still ongo-
It is expected that the process
to transfer airspace ownership
could take at least between 18
months and two years, as there
would have to be the installa-
tion of communication equip-
ment, the construction of an air
route traffic control centre
building, the training of man-
agers, air traffic controllers and
However, the Civil Aviation
Department believes that once
done, the impact could possibly
be seen immediately.
For example, according to the
Director of Civil Aviation, Cyril
Saunders, Singapore's aviation
budget is about $350 million
yearly, and the money is all
derived from air navigation
The FAA has been provid-
ing air navigation services for
aircraft in Bahamian air space
since 1952, and this airspace is
currently designated as the Mia-

mi Oceanic airspace.
The Bahamian Department
of Civil Aviation has jurisdic-
tion within control airspace,
which encompasses the space
between the lower limit of 1,500
feet and an upper limit of 6,000
The FAA exercises positive
control, from the Miami Air
Route Traffic Control Centre,
over Bahamian airspace for all
air traffic operating within and
overflying through the Miami
Oceanic airspace.
The Bahamian Civil Aviation
Department (CAD) is propos-
ing to install a new Nassau Area
Control Centre and associated
air navigation systems in the
Bahamas, to permit it to retake
control of its airspace in a fully
coordinated manner with neigh-
bouring countries.

Bay Street to an expanded port
facility on the southwestern end
of the island is seen as a vital and
critical step to the transformation
of the downtown area, as it is felt
it will relieve traffic congestion
and free up waterfront space.
The port road is also vital to
the $1.4 billion Albany project,
which the Government has
approved, and the proposed rede-
velopment of the South Ocean
Golf & Beach Resort.
The port road will effectively
replace the existing southwest
Bay Street, which currently runs
through both projects' develop-
ment sites, enabling both to pro-
The Tribune previously report-
ed that Albany has been project-
ed to have a $1.4 billion value
over the active life of the devel-
opment, and an independent eco-
nomic assessment conducted by a

I I/ lI'


Must be...
Honest, Reliable, Dedicated,
Professional, Energetic &

Excellent $$$ Bonus Potential


If the answer is YES then take the next step.
FAX RESUME TO 326-2824


The study also forecast that
Albany would generate $400 mil-
lion in property taxes for the
Government over the first 12
years of its life, generating $67
million in annual GDP from
operations in 2017 alone.
The development is planned to
include 300 single family homes, a
"cottage component" and apart-
ments based around a marina.
The price range for the properties
will lie between $2-$20 million,
with the average around $3-$4

billionaire Joe Lewis, and world-
leading golfers Tiger Woods and
Ernie Els. The Tavistock Group
owns and developed Old Fort
Bay in northwestern New Provi-
As for South Ocean, its revi-
talisation is projected to gener-
ate 1,358 full-time jobs when ful-
ly open, in addition to 1,200 direct
construction jobs during peak
Roger Stein, of RHS Ventures
and the project's managing direc-
tor, said that a draft economic
impact study performed for the
South Ocean project by Oxford
Economics had projected that the




renovations to others, would total
$541 million by 2015, with the
total investment by Mr Stein,
RHS and their partners via the
New South Ocean Developmen:
Company reaching $867 million
by that year.
The $541 million construction
spending had been forecast to
inject $217 million into the
Bahamas' GDP over nine years,
and generate $105 million in
wages. On the operational side,
South Ocean was forecast to pro-
duce a $3.7 billion GDP impact,
over its first 20 years, generating
$1.5 billion in direct wages and
salaries for its employees.

BSI Overseas (Bahamas) Limited, Nassau, Bahamas, an established international
private bank in The Bahamas, with its head office BSI AG, in Lugano, Switzerland
since 1873, is presently accepting applications for:-


Applicants for the position of Head of Financial Services must have relevant financial
accreditation or professional qualifications, have in-depth knowledge of financial
instruments and international markets to ensure efficient supervision of the department,
its smooth running with approved counterparts & in accordance with established risk

limits, must know applicable local
with the Private Banking Team.

& international regulations and must maintain rapport
Fluency in Italian and flexible working hours are

Personal qualities:-

Minimum supervision
Extensive knowledge of international markets
Excellent organizational, communication and computer skills
Analytical qualities and research orientated
Goal-oriented, self-motivated, positive attitude and outlook
Commitment to quality, service excellence and customer satisfaction


Control the operational aspect of the unit
Review & manage treasury & brokerage activities
Analyse and control 1st degree level risks
Ensure advanced troubleshooting
Review alignment & implementation of portfolios under mgmt. mandates
Monitor & coordinate investment advisory services to PB & allocated clients
Support and train personnel of the unit

This position will report directly to the Managing Director.

Resumes should be faxed to #702 1253 or mailed or delivered to the offices of
BSI, addressed to:-

Personnel Officer
BSI Overseas (Bahamas) Limited
Bayside Executive Park, West Bay St. & Blake Road
P. 0. Box N -7130
Nassau, Bahamas
Only applicants having the above attributes will be contacted.


With origins in The Bahamas since 1978 and in the Cayman Islands and
the Turks and Caicos Islands since 1980, Fidelity is a financial services
group offering a comprehensive range of insurance services, domestic
and international banking, estate planning, pension services and corporate
finance as well as other financial products and services. Fidelity is now
inviting applications for a:

Director Corporate. Banking

Reporting directly to the President, the successful candidate will have the
following minimum requirements:-

* Bachelor Degree in Business, Banking or Finance
* An MBA qualification would be an asset
* 5 years experience in international credit markets
* 10 years commercial credit experience at a managerial level
* Comprehensive understanding of structured financing solutions
* Strong financial and business analysis skills
* Exceptional written and oral communication skills.
* Proven record of delivery of presentations

The successful applicant will primarily be responsible forthe develop-
ment of Fidelity's corporate finance business in The Bahamas and across
the Caribbean and will be expected to travel on a frequent basis.

An attractive compensation package, including a comprehensive range of
employee benefits is offered.

Please send applications no later than April 15th, 2007 to:

Director Corporate Banking
Director of Human Resources
P.O. Box N-4853
Nassau, Bahamas
Tel (242) 356 7764
Fax (242) 326 3000
Email careers difidelitybahamas.com
.... .. I -_

Lot of land with a combined area of 11,500 sq.ft. being Lots #22 & 23 Kim Crescent in Baillou Dale Sub-
division off Baillou Hill Road. The property is comprised of an 18yr old single family residence consisting
of 2,000 sq.ft. with 3 bedrooms 2 bathrooms, living, family, dining, kitchen and laundry rooms. The
building is enclosed and landscaped with a grass lawn, flowering plants and fruit trees.
Utilities: Electricity, Water and Telephone.

For conditions of the sale and any other information, please contact:
Credit Risk Management Managing Director's Office
at: 356-1685 or 356-1608
Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management Managing Director's Office,
P.O. Box N-7518, Nassau, Bahamas
to reach us before April 27, 2007




PAGE 68, FRIDAY, MARCH 30, 2007


Thc DcanMey
28 Cumberland Strcct
P.O. Box N-1991
Na auo Bahumu
Tel: +1(242) 356-4114
Fx: .1(242) 356-4125
Emai& info@btgomez.com
Website www.btgome2.com

To the Shareholders of
First Overseas Bank Limited

We hove audited the accompanying balance sheet of First Overseas Bank Limited (the
"bank") as of December 31, 2006. This balance sheet is the responsibility of the Bank's
management. Our responsibility is to express an opinion on this balance sheet based on
our audit.

We conducted our audit in accordance with International Standards on Auditing. Those
standards require that we plan and perform the audit to obtain reasonable assurance about
whether the balance sheet is free of material misstatement. An audit includes examining,
on a test basis, evidence supporting the amounts and disclosures in the balance sheet. An
audit also includes assessing the account principles used. and significant estimates made
by management, as well as evaluating the overall balance sheet presentation. We believe
that our audit provides a reasonable basis for our opinion.

In our opinion, the accompanying balance sheet presents fairly, in all material respects,
the financial position of the Bank as of December 31, 2006 in. accordance with
International Financial Reporting Standards.

Without qualifying our opinion, we emphasize that the accompanying balance sheet does
not comprise a complete set of financial statements in accordance with International
Financial Reporting Standards. Information on results of operations, changes in equity
and cash flow is necessary to obtain a complete understanding of the financial position,
performance and changes in financial position of the Bank


January 22, 2007
Nassau, Bahamas


(Expressed in United States dollars)
NOTES 2006 2005
Cash and due from banks $ 25,318,080 $ 3,501,284
Interest bearing deposits with banks 3,502 503,882
Debt and equity securities 3, 5 35,937,786 8,051,637
Repurchase agreements 6 48,710
Loans and advances 4,7,12 604,845 3,432,730
Settlement balances 7,12 10,201,366 46,433,307
Forward contracts 9 20,277 1,788
Accrued interest receivable 4,770 3,361
gAc es reivable 1,903 3,408
Long-term investments .. .. 2,488,266 2,616,198
Other assets 5,452,596 5,372,160
TOTAL ASSETS $ 80,082,101 $ 69,919,755
Customers' interest bearing deposits
Demand and call 8 $ 7,448,883 $ 6,956,806
Time 8 56,770,242 47,728,021
Accrued interest payable 186,426 114,974
Other liabilities 5,589
TOTAL LIABILITIES 64,405,551 54,805,390
Share capital 10 10,000,000 10,000,000
Retained earnings 5,676,550 5,114,365
TOTAL NET EQUITY 15,676,550 15,114,365
TOTAL LIABILITIES AND NET EQUITY $ 80,082,101 $ 69,919,755
Memorandum accounts 11 $ 14,263,400 $ 17,492,443

The accompanying notes from 1 to 15 form an integral part of these financial statements.
'AN 2 9 2007
These financial statements are approved on behalf of the Board on
for issue and signed on its behalf by:

r '^

I authorized


Offshore Trust Banking Corporation Limited was incorporated under the laws of the
Commonwealth of The Bahamas on November 23, 1981 and was granted a license under The
Banks and Trusts Companies Regulation Act 1965 (as amended). The Bank's name was
changed on July 27, 1994 to First Overseas Bank and Trust Company Limited, and on
February 15, 1995 to First Overseas Bank Limited ("the Bank").

The Bank's principal activity is the provision of offshore banking services, including buying
and selling securities issued by the Argentine government and private Argentine companies.

The Bank has three (3) employees at December 31, 2006 (2005: 3 (three) employees).


These financial statements have been prepared under the historical cost convention and in
accordance with International Financial Reporting Standards ("IFRS") and are expressed in
United States dollars. The preparation of financial statements in conformity with IFRS
requires management to make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities as of the date of the
financial statements and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates.

The significant accounting policies adopted are as follows:

a) Cash and cash equivalents Cash and cash equivalents consist of cash and due from banks.

b) Debt and equity securities Debt and equity securities include the Republic of Argentina
government bonds, shares ia Argentine companies, debentures and foreign debt
instruments. Debt and equity securities are stated at market value.

c) Recognition of income Income and expenses are recognized on an accrual basis. Income
and expenses arising from forward contracts are recognized using the accrual method
during the term of the contract, by comparing the spot value of the contract with its market
value. Tne forward position is appraised at the market value.



Repurchase agreements comprise:

Capital Premium Future Value
Securties 726,000 1,210 727,210
Total 48,710

These securities are valued at 5,000,000 "Valores negociables PBI (2035), which is equivalent to
US$678,500 as of December 31, 2006.


Loans and Settlement
advances balances Total
Maturity ladder
Up to 1 month $ $ 10,201,366 $ 10,201,366
From 1 to 6 months 604,845 604,845
From 6 months to I year -
More than 1 year -
Total $ 604,845 $ 10,201,366 $ 10,806,211

Geographical concentration
South America $ 604,845 $ 38,642 $ 643,487
North America 133,911 133,911
Caribbean 23,482 23,482
Europe 10,005,331 10,005,331
Total $ 604,845 $ 10,201,366 $ 10,806,211


Loans and Settlement
advances balances Total
Maturity ladder
Up to 1 month $ 588,562 $ 46,129,869 $ 46,718,431
From 1 to 6 months
From 6 months to 1 year
More than 1 year 2,844,168 303,438 3,147,606
Total $ 3,432,730 $ 46,433,307 $ 49,866,037

Geographical concentration
South America $ 3,432,730 $ 35,010,520 $ 38,443,250
North America 3,224,642 3,224,642
Europe 8,198,145 8,198,145
Total $ 3,432,730 $ 46,433,307 S 49,866,037



Sight and Time Settlement
call deposits deposits balances Total
Maturity ladder
Up to 1 month S 7,448,883 $ 31,369,746 $ $ 38,818,629
From I to 6 months 23,789,202 23,789,202
From 6 months to 1 year 1,575,075 1,575,075
More than 1 year 36,219 36,219
Total $ 7,448,883 $ 56,770,242 $ $ 64,219,125

Geographical concentration
South America $ 4,844,732 $ 53,262,808 $ S 58,107,540
Caribbean 1,926,840 1,832 1,928,672
North America 677,311 3,505,602 4,182,913
Total $ 7,448,883 $ 56,770,242 $ $ 64,219,125

d) Foreign currency transactions These financial statements are expressed in United States
dollars. Foreign currency transactions are translated at the exchange rate prevailing at the
date of the transactions. Monetary assets and liabilities denominated in currencies other
than United States dollars are translated into United States dollars at the applicable
exchange rate prevailing at the balance sheet date.

e) Earnings per share Earnings per share is computed by dividing the net income by the
weighted average number of shares outstanding at the end of the year.


Debt and equity securities are as follows:

2006 2005

Government bonds $ 32,184,493 S 5,856,809
External debt instruments 1 1,393,977
Shares 501,408 9,646
Corporate bonds 3,251,884 791,205
$ 35,937,786 $ 8,051,637


'Loans and advances consist of the following:

2006 2005

Guaranteed loans $ 611,003 $ 3,467,437
Provision for doubtful debts (6,158) (34,707)
$ 604,845 $ 3,432,730


Bonds and debt instruments with foreign governments are as follows:

2006 2005
Foreign government bonds
Bonds $ 24,100,174 $ 959,885
Bonds received on loan 8,084,319 4,896,924
Total $ 32,184,493 $ 5,856,809

External debt instruments
Venezuela Rep. $ 1 $ 1
U.S. Treasury 1,393,976
Total $ 1 $ 1,393,977



Sight and Time Settlement
call deposits deposits balances Total
Maturity ladder
Up to I month $ 6,956,806 $20,955,687 $ $ 27,912,493
From 1 to 6 months 26,549,661 26,549,661
From 6 months to 1 year 222,673 222,673
More than 1 year ---
Total $ 6,956,806 $ 47,728,021 $ $ 54,684,827
Geographical concentration
South America $ 5,953,179 $ 47,655,157 $ $ 53,608,336
Caribbean 989,967 17,497 1,007,464
North America 13,660 55,367 69,027
Tetal $ 6,956,806 $ 47,728,021 S $ 54,684,827

Amount in Values to
US$ receive (give)
Amount arranged Amount arranged Total

Sales $ 2,056,489 $ 2,038,200 $ 18,289
55,093 51,595 3,498
44,738 48,682 (3,944)

Purchases 46,248 (48,682) 2,434
Total S$ 2,202,568 $ 2,089,795 $ 20,277

US has no


on Bahamas

trade dealings

Amount in Values to
US$ receive
Amount arranged Amount arranged Total

Sales $ 48,715 $ 46,927 $ 1,788
5 48,715 $ 46,927 $ 1,788


The authorized, issued and outstanding share capital of the Bank consists of 10,000 ordinary
shares of US$1,000 each.


2006 2005

Bonds received for custody $ 5,165,113 $ 3,500,029
Guarantee received 845,674 880,333
Mandates 8,252,613 13,112,081
$ 14,263,400 $ 17,492,443

Balances with Banco Mariva S.A. (Argentina) and other related parties are as follows:
2006 2005
Cash and due from banks $ 427,230 $ 293,875
Debt and equity securities (7,105,505)
Loans and advances 2,932 9,825
Settlement balances (410,889) 7,095,698
Long-term investments 2,488,267 2,616,198
$ 2,507,540 $ 2,910,091
Clients' interest bearing deposits $ 14,017,999 $ 12,691,440
Accrued interest payable 32,802 15,705
$ 14,050,801 $ 12,707,145
Values in custody $ 1,293,914 $ -
Guarantees received in shares 845,674 1,742,710
Mandates 538,367 -
$ 2,677,955 $ 1,742,710

The Bank takes on exposure to credit risk that is the risk that a counterpart will be unable to pay
amounts in full when due. The Bank structures the levels of credit risk it undertakes by placing
limits on the amount of risk accepted in relation to one borrower, or groups of borrowers, and to
geographical segments. Such risks are monitored on a revolving basis and subject to an annual or
more frequent review. Limits on the level of credit risk are approved by the Board of Directors.


The Bank takes on exposure to the effect of fluctuations in the prevailing foreign currency
exchange rates on its financial position and cash flows. The Board of Directors sets limits on the
level of exposure by currency. The off-balance sheet gap represents the difference between the
notional amounts of foreign currency financial instruments and their fair values.

Interest rate risk arises primarily from differences in the maturity or repricing dates of assets and
liabilities. Interest rate risk exposures or "gaps" may produce favorable or unfavorable effects on
interest margins depending on the nature of the gap and the direction of interest rate movement
and/or the expected volatility of those interest rates. When assets have a shorter average maturity
or repricing date than liabilities, an increase in interest rates has a positive impact on net interest
margins, and conversely, if more liabilities than assets mature or are repriced in a particular time
interval then a negative impact on interest margins results. Interest rate gaps are carefully
monitored and interest sensitive assets and liabilities are adjusted in accordance witl4 changing
market conditions.

Tribune Business Reporter
T he United States is not
concerned about the
status of any of the
current trade negotiations the
Bahamas is engaged in, with
the US ambassador saying that
Washington welcomes the
breakdown of trade barriers.
John Rood told The Tri-
bune that he was not aware of
any concerns his government
might have.
The Bahamas has just
recently submitted its initial
market access offer to CARI-
FORUM, the group negotiat-
ing the Economic Partnership

Agreement (EPA) with the
European Union (EU), at a
meeting in Barbados last week.
The Bahamas is seeking
chiefly to protect its main
exporting industries to the EU
- Bacardi rum, the seafood and
fisheries, industries, and Poly-
mers International.
The Bahamas and other
CARICOM nations have the
ability to exclude up to 15 per
cent of their goods, industries
and economic sectors from the
EPA market access talks, pre-
venting these areas from being
fully liberalised and opened to
competition and tariff cuts.

There are essentially three
'baskets' for goods in relation
to the EPA and tariff cuts -
those products that will instant-
ly have their tariffs cut to zero
per cent; a phased basket; and
a basket for excluded items.
The EPA negotiations and
their outcome are critical for
the Bahamas in its future inter-
national trade talks and agree-
ments, because if it becomes a
full member of the World
Trade Organisation (WTO),
the Most Favoured Nation
(MFN) requirement kicks-in.
This means that the
Bahamas will have to treat all
nations equally, providing
them with the same trade ben-
efits and market access as
everyone else. This will require
that the Bahamas gives the
same preferences to the US
that it gives to the EU in the
EPA talks, especially if a
replacement for the Caribbean
Basin Initiative is necessary.
Mr Rood said: "I am not
aware of any concerns that we
have. We always try to work
at the breaking down of trade
barriers because when barri-
ers are broken down, people
can trade more freely, usually
to the benefit of people of both
"Artificial barriers are not
good for either country, so as a
general note we encourage
trade discussions and we
encourage open markets.
There's nothing that I aih
aware of that is causing us par-
ticular concern."




Ambitious, hardworking and highly motivated Bahamian
couple sought to run established marina and restaurant
on Rum Cay.

Montana Holdings Ltd owners of Rum Cay Resort
Marina, currently under development have just acquired a sister
property, on the island of Rum Cay. Sumner Point Marina extends
over 26 acres across the south eastern corner of the island with
docking for 30 boats up to 160 ft in length, a newly refurbished 30
seater restaurant and guest accommodation for up to 16 persons.

Responsibilities include but are not limited to:-
all marina, restaurant and lodging operations;
Full P+L and budgetary accountability including F+B,
reservations and inventory control.
Oversee all maintenance and repairs
Manage housekeeping of rental villas
Supervision of staff and suppliers.
Co-ordinate Montana client visits to Rum cay
Manage Montana Sales Office on Rum Cay

Skills and Attributes

minimum 5 years prior management in a similar establishment
Excellent marine, general engineering and maintenance skills
Experienced chef or professional qualification in hotel and
catering management
Superb organisational and administrative skills
Extremely computer proficient
Highly motivated self starters who have the will and talents to
operate a challenging business in a remote location with total

Remuneration package commensurate with experience, will include
competitive salary and benefits, return flights to Nassau, fully subsidized

Closing date for applications 04/04/2007.
H.R. Manager
Montana Holdings Ltd
P.O. Box N-9322
Nassau, Bahamas

Fax 677 3007
Email: island_developmentl@yahoo.com





Baiiamian i vestment may 'double' workers in Phase 2

?Q O page 1B

,,idi :~,j ome nine people to
c;atc. nfirnm is for it to hire 25
;ap;2:* o (f. the total of 60 to
i,[ e!;!~-d during phase one,
t!, ru;; :'o r working on the
: ,; r Ferries side of the
d : h, table to get all the
.,, m ,!i and are sailing
n v, -,' r folle said of Bahamas
t I.ndcrsa.Adventure. "We're a
i'te bi ind schedule, but are
lully offclional and beginning
in sui lot of interest.
;%,i of this has come from
tliie fot. (-clor. We're in the

process f finalising agreements
with th cruise lines. We've only
been o rational for two weeks,
but are eeing tremendous sup-
port fr the hotel sector and
will be eing an increase in cruise
passeng rs over the next couple
of wee .
"It's oving along and begin-
ning to in traction."
Baha as Undersea Adventure
is offer g activities such as pow-
er snor lling on undersea scoot-
ers and cean kayaking in 'clear
Initia the Nassau Water Fer-
ries si of the project had
planned a $3-$4 million invest-
ment in he project's first phase,
with B amians employed in
adminis ation, vessel and island




GEN/CLE No.02153

Co:i.nin I aw Divison


1st Defendant

2nd Defendant

3rd Defendant


Joe r-artuigton Road (Roberts Gas Station / World of Tyres)
Nassau, New Providence (the Plaintiffs hei in).

LE'T THE PLAINTIFFS within fourteen 4) days after service
of this, Suimmons on them inclusive of the y of service, cause
an appearance to be entered to this Summo s which is issued on
thlie application of THE BAHAMAS NAT NAL TRUST (the
Second IDefendant herein) Village Road N sau, The Bahamas
flr an O1ider of Vacant Possession of ALL' AT certain lot piece
or parcel of Crown Land being Ponds and arshland at Harold
and Wilson Ponds and shown on a plan or agram on record in
MP File 5148 in the Department of Lands d Surveys situate
Northwardly or Fire Trail Road and Eastw dly of Sir Milo Butler
I highway in the Western District of the isl of New Providence
in the- C''mmonwealth of the Bahamas on t ground that they are
entitled to Vacant Possession and that the intiffs in occupation
an; ir, wceupation without licence or conse .

By hhis Summons the Second Defendant h
1. Vacant Possession of ALL THAT
of parcel of Crown Land being Pond
yco2sisting of Harold Pond and Wilso
*'n a plan or diagram on record in M
department of Lands and Surveys si
,F4ire Trail Road and Eastwardly of
HIghway in the Western District of t
Providence in the Commonwealth of
Abutting and Bounding towards the
.-i'ranted to Island Gases as Grant Nu
.an Crown Land and Sir Milo Butler
aorth partly on lands now or formerly
NI' ,'red A4-21 and A4-20 partly o
i' hulris being Grant numbered A
4-i itcd to H. McKinney being Gran
P tly on Lands claimed by various
Lzids Alphonso Smith towards the e
(.iianted to Broadcasting Corporation
being Grant A7-57 partly on Lands v
df the Bahamas and towards the Sou
Electricity Corporation Leeway 100
Li ids C. Godet being Grant A8-58
'lrown Reservation running in a Nor
hi ough Harold Road and partly on
Diannond farms and partly on the sh
6r however else the same may Abut
said piece or parcel of Crown Land
:,fishland (hereinafter called "the d
uoii particularly delineated and sho
S'itt.ichcd to Lease No. 1038, MP No.
f 4! \pril A.D., 2002 between The Mi
(,r I apartment of Lands and Survey
,Kti',nnal Trust For Places of Historic
,iu' ly

ein claims against the

retain lot piece
and Marshland
Pond and shown
File 5148 in the
ate Northwardly
'ir Milo Butler
. Island of New
he Bahamas
'est. partly on Lands
bered A8-60 partly
highway towards the
Alexander Harold
kees being Grants
Lands Granted to
partly on lands
numbered A4-45
'ners and partly on
t partly on Lands
f The Bahamas
ted in the Treasurer
partly on Bahamas
et wide partly on
d partly on an old
westerly direction
ds Granted to
of Wilson Pond
d Bound which
ing Ponds and
ised premises") is
n pink on the plan
148 dated 17th day
ster Responsible
and The Bahamas
interest or National

Fur either or other relief;

S'1 hit said premises are situated in t vicinity
ilt T L.old Pond and Wilson Pond; an

IIf the !la'intifls do not enter an appearance;
be g von o, order made against or in relatio
may thirk just and expedient.

TAKE NOTICE that the Second Defendant
of the $ummons served hereto to apply for
M!ainti&fs to deliver up to the Second Defen
,iutb ,et property.


uch Judgment may
to them as the Court

intends at the hearing
order for the
ant possession of the



This Sviummons is taken out by:

Kemp Building
#39 East Street Nort
Nassau, Bahamas
Attorneys for the Second endant

operations, sales and marketing.
However, Mr Rolle said he was
not sure how the first phase
would end up, as much would
depend on the terms and condi-
tions in the final agreement with
the Government.

He expected that Nassau
Water Ferries would "be restrict-
ed in some of the things it wanted
to do, based on some of the dis-
cussions I've had", and the pro-
ject was likely to undergo some
adjustments during the final
design stage.
"My goal is to get it as close to
the original plan as possible," Mr
Rolle said.
The initial proposal for the first
phase of the development envi-
sioned a 3,500 foot square office
building; 7,500 square foot
Cabana and Gift Shop; 350
square foot outdoor grill and bar;
3,200 square foot pool with large
deck; 20,000 square foot stingray
lagoon on the harbourside; lush
botanical gardens; iguana park;
1,500 square foot storage building;
and 500 square foot dive shop.
Nassau Water Ferries was also
planning to renovate three his-
torical buildings at the site, along
with the Old Lighthouse, and
offer walking tours of the Old
Lighthouse, which is 100 years-

"It goes hand-in-hand with the
downtown redevelopment initia-
tive," Mr Rolle said of his pro-
ject. He added that it would pro-
duce "new and exciting excur-
sions for tourists".
Mr Rolle said the company's
initial plan had been to complete
the beach facility first, but the
wait for government approval
meant it had started up the
Bahamas Undersea Adventure
operation first.
Still, Mr Rolle praised Mr Peet
and Paul Major, of the Domestic
Investment Board, for pushing
for his project's approval along
with the rest of the Board.
"The message that I think it
says is that the Government is
serious in encouraging young
Bahamians to invest in the econ-
omy and take advantage of
opportunities," Mr Rolle said.
He advised other young
Bahamian entrepreneurs to "be
aggressive, be tenacious and be
serious about it. Above all, don't
take 'no' for an answer".
The project by Mr Rolle and
his team, apart from filling a niche
and market demand from the
cruise ship industry, also fits per-
fectly with the Government's
strategy of encouraging Bahami-
ans, especially younger ones, to
take greater ownership of their

Legal Notice

(No.45 of 2000)


In Voluntary Liquidation

"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),

The date of commencement of dissolution is the 5th day of March,
Scarlett Corporate Services Limited
P.O. Box 277
2nd Floor, Viking House
Nelson Street, Douglas,
Isle of Man, IM99 2LJ

Legal Notice

(No.45 of 2000)


In Voluntary Liquidation

"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
JESTOR LIMITED is in Dissolution."

The date of commencement of dissolution is the 18th day of December,

Ben Warner
International House
The Parade
St Heller, Jersey

The advantages of Bahamian
ownership in tourism are the local
companies and individuals
involved are likely to be long-
term players, not just in for the
short-term, and will not be scared
off or into closure by the impact
of hurricanes.
In addition, all the profits and
dividends generated by Bahami-
an-owned tourism businesses, in
addition to salaries, rents and pay-
ments to suppliers, will remain
within this nation's economy to
be reinvested, increasing the cir-
culation of money.
Bahamian-owned businesses
are also likely to buy supplies and
source services from within their
own economy.
To support the Nassau Water
Ferries venture, the company had
purchased the Blue Manta, a 130-
seat catamaran, to transport its
guests between the cruise ships
and the western end of Paradise
Island, known as Colonial Beach
and Lighthouse Point.

Being located just five minutes
by ferry from the Nassau Cruise
Port meant that cruise ship pas-
sengers would not only be able
to visit its attractions, but also
patronise retailers and restaurants
in downtown Nassau during their
Cruise ships traditionally oper-
ate to a very rigid schedule, leav-
ing and arriving in port at a cer-
tain time, which meant their pas-
sengers had only a limited
amount of time in which to
explore Nassau.
Surveys on cruise ship passen-
ger satisfaction with their visit to
Nassau highlighted that many
wanted a beach closer to the
cruise ship port, as this would
enable them to both spend time
and shop during their visits.
Often, cruise ship passengers
spent 30-40 minutes each way
travelling to beaches and the
properties of excursion providers.
The Nassau Water Ferries ven-
ture is separate from Bahamas
Ferries, where Mr Rolle is
employed as chief marketing offi-





Lot #14721 comprising 10,000 sq.ft. in area with 83
frontage on Zinnia Road and 120 feet on Eastward Drive
in Bahama Sound of Exuma Ocean Addition West,
Exuma Bahamas

The property is undeveloped and is located
1 mile south of Emerald Bay and The Four
Seasons Resort.

For conditions of the sale and any other information,
please contact:
Credit Risk Management Collection Unit at:
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing
addressed to:
The Manager, Credit Risk Management Collection
Unit, P.O. Box N-7518, Nassau- Bahamas
to reach us before April 16, 2007.

Legal Notice

(No.45 of 2000)


"Notice is hereby given that in accordance with Section 137 (4)
of the International Business Companies Act (No. 45 of 2000),
PENRICK ENTERPRISES LIMITED has been dissolved and struck
off the Register according to the Certificate of Dissolution issued by the
Registrar General on the 21st day of March, 2007."

David George Jenner
Lutea Trustees Limited
P.O. Box 521, 9 Burrard Street
St. Helier, Jersey
JE4 5UE, Channel Islands

Luxurious harbour front Penthouse
Residence with spectacular views of
Nassau and its Harbour:

5,000+ sq ft. total area
4 Bedrooms with 4.5 baths
Master bedroom with dressing area, Jacuzzi
and large walk-in closet
Large balconies
Elegantly furnished throughout with a
separate study
Formal dining room
Private elevator
Heated pool and spa overlooking the harbor
Private dock for a yacht up to 75 feet
Dedicated storage and crew areas
Exercise room
Indoor Garage
Private gated entry
Lush tropical landscaping

Rent: $18,500.00 per month net

For further information and viewing call:




Applicants must be at least 23 years of age,
self-motivated, disciplined and possess the

* A valid driver's license
* The ability to drive standard shift vehicles

Please visit out Bernard Road office
between the hours of 9:00am and 5:00 pm,
Monday Friday to pick up an application


Wall Street ends

higher as investors

weigh oil surge and

strong GDP report

AP Business Writer
Stocks ended higher in volatile
trading yesterday as investors
weighed fears about mounting
tension in Iran against a report
that indicated better-than-
expected United States eco-
nomic growth.
The major indexes bounced
around, and spent most of the
session looking for direction
as crude prices surged to a six-
month high. Investors remain
nervous about the West's
response to British sailors held
captive in Iran, and oil prices
crossed the $66 mark.
This offset the Commerce
Department's final measure of
fourth-quarter gross domestic
product. If showed growth of
2.5 per cent, which could help
quell concerns that the econo-
my is slowing too quickly. At
the same time, strong eco-
nomic growth could make it


harder for the inflation-wary
Federal Reserve to cut short-
term interest rates.
Investors also bought-and-
sold stocks to window dress
their portfolio ahead of Satur-
day's end of the first quarter.
The modest advance snapped a
three-day losing streak for the
Dow Jones industrials.
"The market is at a pivotal
point," said Scott Fullman,
director of investment strategy
for Israel A Englander & Co.
"The market has become more

volatile, and more sensitive, to
news items."
According to preliminary
calculations, the Dow rose
48.39, or 0.39 per cent, to
12,348.75. The index climbed
as high as 12,381.91 during the
morning session.
Broader stock indicators also
finished higher. The Standard
& Poor's 500 index rose 5.30,
or 0.37 per cent, to 1,422.53,
and the Nasdaq composite
index edged up 0.78, or 0.03
per cent, to 2,417.88.

Discover a rewarding and
challenging career catering to the
country's visitors in the exciting
retail jewelry business!!!

Do You Have What it Takes?
Confident? A Leader? Self Motivated?
Professional? Mature (25 yrs or older)? Dedicated?
If the answer isYES then take the next step
FAX RESUME TO 326-2824


2WD 4-cylinder 14" longer
engine has EPA I
ratings of 24mpg The all-new RAV4 has a powerful,
city/30mpg yet modern, eye-catching look and
highway. comes equipped with air conditioning,
alloy wheels, air bags, ABS, 2.4 litre
engine, power mirrors, windows and
steering and CD player.

Large wheels
emphasise the
powerful nature
of the SUV.

40% more cargo space

All new Toyota vehicles are backed by
a 3-year/60,000-mlle factory warranty.

LXU J V Open Mon to Fri 8am 5:30pm
MOTORS LTD Sat 8am 12noon
Tel: 397-1700
E-mail: execmotor@batelnet.bs
AUTHORISED TOYOTA DEALER Parts and service guaranteed
Available in Grand Bahama at Quality Auto Sales (Frepport) Queens Hwy, 352-6122 Abaco Motor Mall, Don MacKay Blvd, 367-2916


BSI Overseas (Bahamas) Limited, Nassau, Bahamas, an established international-
private bank in The Bahamas, with its head office BSI AG, in Lugano, Switzerland
since 1873, is presently accepting applications for:-

Applicants for the position of Head of Operations Coordination / Structured Products'
must have relevant financial accreditation or professional qualifications, in-depth
managerial experience in all phases of securities & other assets in the offshore banking,
industry, overall processes including front office & operations activities, and be fully
abreast of today's sophisticated private banking products. Must be knowledgeable of
international markets, financial instruments and of local legislation, regulatory & statutory.
matters as well as international banking practices. Fluency in Italian is definitely

Personal qualities:-

Proven ability to supervise staff & control the daily flow of transactions & direct
and guide staff through knowledge and example
Must have demonstrated practical organization of self and others
Ability to assess, evaluate and make recommendations
Excellent organizational, communication and computer skills
Possess analytical qualities
Goal-oriented, self-motivated, positive attitude and outlook
Commitment to quality, service excellence and customer satisfaction


Necessary liaison with units Private Banking & Service Provider (Outsourcer)
Verify that processed transactions are correctly settled
Perform control of administrative tasks to be executed locally
Ensure reconciliations of outstanding items and that pending items are resolved
Monitor & manage booking of structured products
Guide and train personnel in the unit

This position will report directly to the Head of Private Banking.

Resumes should be faxed to #702 1253 or mailed or delivered to the offices of
BSI, addressed to:-

Personnel Officer
BSI Overseas (Bahamas) Limited
Bayside Executive Park, West Bay St. & Blake Road
P. O. Box N -7130
Nassau, Bahamas
Only applicants having the above attributes will be contacted.

4 EMTC's participants who successfully completed Phase
I of the Small Business training seminar pose with several
of their facilitators: From L to R: Del. Sgt. Lexton
Symonette, Janet Russell, Rochielle Berans, Andrea
Curling, Bianca Simms, Michael Brown, Drexel Deal,
Alexandra Deal, Kendolyn Cartwright. Naomi Knowles
and Charliese Bevans (AEIMTC's Photo by Llewelyn

Successful Small
Business Seminar held
AXpha Entrepreneurial Management Training & Consultancy
Services (AEMTC) held its third successful Small Business
Training Seminar, "How to Start & Operate a Successful
Business"- Phase I, February 19-27 & March 1, 2007 at
COB's, Grosvenor Close Campus, Shirley Street. AEMTC
is committed to providing quality small business training
to persons interested in starting and/or growing their own
businesses. Participants engaged in a series of interactive
discussions, skills training, group presentations and
networking activities. Participants are now a part of the
National Foundation for Teaching Entrepreneurship (NFTE)
Alumni Network, New York. On Thursday March 1, 2007,
at the closing ceremony, the guest speaker, Alexandra
Deal, a prospective entrepreneur, urged participants to '" -
follow their dream of becoming entrepreneurs. Then they
were awarded certificates of participation from AEMTC
and NFTE. Successful individuals will have the opportunity ''^-N
to complete Phases II and III of the program. Interested -
persons wishing to take advantage of this ongoing special
small business training opportunity can contact AEMTC 7
at (242)-393-5961, (242)-323-5195, or e-mail them at: '




Pursuant to the provisions of SECTION 138 (4) of The International
Business Companies Act, 2000, Notice is hereby given that:-

(a) STEPNEY LIMITED is in dissolution;

(b) the date of commencement of this dissolution is March 28,

(c) The name of the Liquidator is EDWARD B. TURNER of



-Pursuant to the provisions of SECTION 138 (4) of The International
Business Companies Act, 2000, Notice is hereby given that:-

(a) BALSA LIMITED is in dissolution;

(b) the date of commencement of this dissolution is March 28,

(c) The name of the Liquidator is EDWARD B. TURNER of


Julius Bar

Julius Baer Group, the leading dedicated wealth Manager in
Switzerland, is seeking a


'- Develop his/his existing client network
-'Develop Julius Baer Bank & Trust as Booking Center through Julius
Baer worldwide network '

Excellent.organizational leadership and communication skills
A commitment to service excellence
Ability to work in team environment


,,7.Prior experience in Senior Management
Minimum 10 years experience in Private Banking


Bachelor degree in Economics, Business Administration or equivalent


German, French and/or Italian required.

Interested candidates should forward a copy of their resume by April 4,
2007 to the attention of:

Personal & Confidential
flrtrand Zimmermann
Julius Baer Trust Company (Bahamas)
Ocean Center, Montague Foreshore
East Bay Street
Nhsau, Bahamas

Personal & Confidential
Resident Manager
PO. Box N-4890
Nassau, Bahamas


Companies awarded

government's largest

ever telecoms contract

AP Business Writer

Qwest Communications Inter-
national Inc., AT&T Inc. and
Verizon Inc. were yesterday
awarded the government's
largest telecommunications
contract ever, a 10-year deal
worth up to $48 billion.
The contract winners, who
beat out Sprint Nextel Corp.,
don't simply split a pool of
money. They now have to
compete with each other for

the telecom needs of federal
agencies, the General Services
Administration announced.
The contract covers voice,
video and data services and
technologies domestically and
internationally for at least six
federal agencies, but could
apply to as many as 135 agen-
cies operating in more than 190
countries. 4
While Qwest, AT&T and
Verizon gained access to an
important and deep-pocketed
client, the announcement was a
huge blow to Sprint, analysts


Pursuant to the provisions of SECTION 138 (4) of The International
Business Companies Act, 2000, Notice is hereby given that:-

(a) IAS INVESTMENTS LIMITED is in dissolution;

(b) the date of commencement of this dissolution is March 28,

(c) The name of the Liquidator is EDWARD B. TURNER of



Pursuant to the provisions of SECTION 138 (4) of The International
Business Companies Act, 2000, Notice is hereby given that:-

(a) IDYLLIC LIMITED is in dissolution;

(b) the date of commencement of this dissolution is March 28,

(c) The name of the Liquidator is EDWARD B. TURNER of


said, because it has been pro-
viding telecom services to the
federal government for nearly
20 years. "The federal govern-
ment was Sprint's first major
customer since the company
started," said technology con-
sultant Warren Suss.
For the winners, Thursday's
announcement was perhaps
most significant for Qwest, the
smallest among them. Suss said
Qwest can now leverage its
government business to gain
more corporate clients.
Industry analysts said they
expect the federal government
to spend at least $20 billion
over the life of the so-called
Networx Universal contract,
which is capped at $48 billion.
"The advanced technologies
and services defined in the
Networx programme will serve
as a platform to transform the
government's telecommunica-
tions infrastructure to a more
seamless and secure environ-
ment," GSA's acquisitions
commissioner Jim Williams

said in a prepared statement.
GSA procures and manages
federal assets.
The two previous 10-year
government-wide telecom con-
tracts had two main providers.
The first went to Sprint and
AT&T. The second to Sprint
and MCI Worldcom, since
acquired by Verizon.
For the losers of the Net-
worx Universal contract, there
is a consolation prize on the
table. GSA is planning in May
to award a second telecommu-
nications contract called Net-
worx Enterprise worth up
to $20 billion that contains
fewer mandatory requirements
and services in select areas
across the nation.
In midday trade, -shares of
West rose seven cents to W.
$8.92, shares of AT&T-
advanced 11 cents to $39.05,
shares of Verizon gained 19
cents to $37.42 and those of
Sprint were up 26 cents to
$18.77. All stocks trade on the
New York Stock Exchange.



Pursuant to the provisions of SECTION 138 (4) of The International
Business Companies Act, 2000, Notice is hereby given that:-

(a) LEYTON LIMITED is in dissolution;

(b) the date of commencement of this dissolution is March 28,

(c) The name of the Liquidator is EDWARD B. TURNER of


. la 1

C F A. :L"
Pricing Information As Of:
Thursday, 29 March 2007

5 'Wk-Hi 52*k.Low Securnl t Prevous Close Toaay's Close Change Da'i, .,-r EPS S D'. i P'E ',e,3
1.85 0.54 Abaco Markets 0.90 0 90 0 00 ,' 282 0 ,0- N,r.I r.0 ,,:
12.05 10.70 Bahamas Property Fund 11.50 11.50 0.00 1.689 0.400 6.7 3.56%
8.65 6.95 Bank of Bahamas 8.65 8.65 0.00 500 0.737 0.260 11.7 3.01%
0.85 0.70 Benchmark 0.85 0.85 0.00 0.265 0.020 3.2 2.35%
2.19 1.26 Bahamas Waste 2.10 2.10 0.00 0.199 0.060 10.6 2.86%
1.49 1.12 Fidelity Bank 1.30 1.30 0.00 0.170 0.050 7.6 3.85%
10.33 9.00 Cable Bahamas 10.35 10.35 0.00 150 0.915 0.240 11.3 2.32%
2.20 1.67 Colina Holdings 2.10 2.10 0.00 0.078 0.040 26.9 1.90%
14.15 9.50 Commonwealth Bank 14.00 14.00 0.00 0.998 0.680 14.0 4.86%
6.26 4.22 Consolidated Water BDRs 4.86 4.75 -0.11 0.118 0.045 41.1 0.93%
2.88- 2.40 Doctor's Hospital 2.446 0.00 0.295 0.000 8.3 0.00%
6 2 1 5.54 Famguard 5.94 5.94 0.00 0.552 0.240 10.8 4.04%
12.45 10.70 Finco 12.45 12.45 0.00 0.779 0.570 15.7 4.58%
14.70 11.00 FirstCaribbean 14.61 14.61 0.00 0.977 0.500 15.0 3.40%
17.06 10.40 Focol 17.06 17.06 0.00 1.644 0.510 10.4 2.99%
1.15 0.50 Freeport Concrete 0.50 0.50 0.00 -0.434 0.000 N/M 0.00%
10.20 7.10 ICD Utilities 7.25 7.25 0.00 0.532 0.100 13.6 1.38%
9.10 8.52 J.S. Johnson 9.05 9.05 0.00 0.588 0.560 15.4 6.19%
1000 1000 Premier Real Estate 10.00 10.00 0.00 1.269 0.795 7.9 7.95%
4. Ott 11W i;,111 *M4i
52k-, H. 52wk.LcW_ S,-iboI B.d S &sk S Lail PF,-:eE '.'.*5., Pf' EP I. C" t P C *1
14 30 12.25 Bahamas Superm3rels 1J 6C' 1560 16, C.' 1 "e,' 1 125 8 5 : :
10.14 10.00 Caribbean Crossings (Pref) 8.00 8.25 10.00 0.000 0.640 NM 7.85%
0 54 0 20 RND Holdings 045 0.55 0.20 0.021 0.000 26.2 0.00%
43 'O>0 28 00 ABDAB 41 00 43 '.' 1 0 -' "2 -' 1a i '-"I.'* .
14.60 14.00 Bahamas Supermarkets 14.60 15.50 14.00 1.770 1.320 8.3 9.04%
0 60 0.35 RND Holdinos 0.45 0.55 0.45 -0.070 0.000 N/M 0.00%
52wk-Hi 52wk-Low Fund Name NA V YTD% Last 12 Months Div $ Yield %
1.3337 1.2806 Colina Money Market Fund 1.333665"
3.0988 2.6662 Fidelity Bahamas G & I Fund 3.0988-
2.6254 2.3312 Colina MSI Preferred Fund 2.625419"
1.2338 1.1592 Colina Bond Fund 1.233813- .
11.3945 10.0000 Fidelity Prime Income Fund 11.3945""..
BISX ALL SHARE INDEX 19Dec 02 = 1.000.00 MARKET TERMS YIELD last 12 month dividends divided by dosing price N KEY
52wk-HI Highest closing price in last 52 weeks Bid B Buying price of Colina and Fidelity
52wk-Low Lowest closing price in last 52 weeks Ask $ Sellting price of Colina and fidelity 23 March 2007
Previous Close Previous day's weighted price for daily volume Last Price Last traded over-the-counter price
Today's Close Current day's weighted price for dally volume Weekly Vol. Trading volume of the prior week 8 February 2007
Change Change in closing price from day to day EPS S A company' reported earnings per share for the last 12 mths
Daily Vol. Number of total shares traded today NAV Net Asset Value 31 January 2007
DIV $ Dividends per share paid In the last 12 months N/M Not Meaningful
P/E Closing price divided by the last 12 month earnings FINDEX The Fidelty Bahamas Stock Index. January 1. 1994 = 100 '. 28 February 2007
..... 8 February 2007

1 *

Palmdale Veterinary Clinic


0 Must be an Animal Lover

o Excellent Communications Skills Required
o Willing to Learn Veterinary Care
o Must be Client Oriented

Must Be Animal Lover
o Reliable
W Willing to Learn

Kennel Hand/Cleaner
0 Animal Handling, Restraint and Caregiving

Fax Resume to 326-2173 Or hand
deliver to Palmdale Veterinary Clinic.
i =Iii I

PAGE 10B, FRIDAY, MARCH 30, 2007



FRIDAY, MARCH 30, 2007, PAGE 118

Tribune Comics ) ( Dennis


Contract BrDive

A Rare Defensive Play

West dealer.
North-South vulnerable.
4A105 42


6 4-
VJ 1087652
K 1065
+A 9.8
4K 10 9 8 7

The bidding:
West North East South
Pass Pass 3 V 34
4 V 4 4 5 Pass
Pass 54
Opening lead king of hearts.

The pre-emptive bid is a defen-
sive rather than an offensive weapon.
Its prime purpose is to cramp the bid-
ding space of the opponents and
make it difficult for them to find their
best contract. It is not at all surprising
that it succeeds as often as it does.
Consider East's three-heart bid
in this deal and observe the effect it
has on South. He has no clear-cut
action at this point. He can double
for takeout, overcall in spades or
clubs, or adopt the conservative
course of passing. South knows.thft
any bid he makes can go wrong. This
is not an unusual predicament,
because problems of this sort are fre-

quently created by a pre-emptive bid.
In the actual case, South decided
to overcall with three spades, a dar-
ing bid to make on just a four-card
suit. He eveniTilly'wound up in five
spades, and West led the king of
hearts. The subsequent play is not
without interest, because it gave East
an opportunity to use a rare defensive
play, the Deschapelles Coup.
West led the king of hearts and
continued with a heart, ruffed by
declarer. South cashed the K-Q-J of
spades, overtaking the jack, and
drew West's last trump with the ten.
He then led a club to the king, which
held, and returned the ten, West and
dummy playing low. This forced
East's ace and produced the follow-
ing position:



*K 1065

East now made the only return
that could defeat the contract the
king of diamonds. Had he led the
jack of hearts or any diamond but the
king, South would have made the
rest of the tricks. The king-of-
diamonds return' prevented South
'from making use of the clubs in his
hand and left him a trick short of his


HOW many words or rour letters or more can you
TIGER make from the letters shown here? In making a
SHAC A A*FA6FILS" 16 word, each letter may be used once only. Each
"" 5M14l4& -rtHAt 604. must contain the centre letter and there must be
.. AK S c. o r A W ? IA0 at least one nine-letter word. No plurals or verb
A MP eLL, L-A ) 5 forms ending in "s", no words with initial capitals
y and no words with a hyphen or apostrophe
permitted. The first word of a phrase is permitted
(e.g. inkjet in inkjet printer).
Good 11; very good 16; excellent 21 (or more).
aerate apart apter artery arty eater eatery
part party pate pater peat peat )ert peter
,,_.,_tbt_,_,F_.._r...._-_-, -.- prate rapt rata rate RATEPAYER repeat
retry tape taper tare tarry tear teary terra
terry trap tray tree trey type tyre

1 Corporation chap upset
about the UN (6)
7 Tells how hilly areas were
once flat? (8)
8 Vegetarian sausage ingredient (4)
10 Dad may possibly ride with a
partner (6)
11 Catherine given house room in
hospital? (6)
14 Become a bit fidgety (3)
16 Girl given a ruddy mention? (5)
17 Be disposed to act as nurse (4)
19 Wild crews in prison (5)
21 Chose to be worried? (5)
22 Sorry about a pupil not getting a hot
meal (5)
23 Though enemies, they get a kiss from
crafty types (4)
26 The record book? (5)
28 When silver or gold, it means a lot
more (3)
29 Made one's pile? (6)
30 A tense prospect (6)
31 Winged wader, once worshipped (4)
32 Refrains from giving a seaman bad
marks (8)

33 Deal with a letter as a formal 28 Le
agreement (6) 30 DL

Yesterday's cryptic solutions
ACROSS: 1, Blobs 6, Sport 9, Oat-meal 10, Cab-by 11,
Lu-CID 12, Angus 13, Senals 15, His 17, Erin 18, He-Lena
19. Shred 20, Sherpa 22, 10-TA 24, Ear 25, 3randed 26,
SN-out 27, Roman 28, Noddy 29, Mention 39, Id-L-er 31,
DOWN: 2, Loader 3, Bobbin(-g) 4, Sa-y 5, Ome-r,-s 6,
Saluted 7. Plus 8, Rai-sin 12. Aloha 13, SFNSE 14, River
15, Herod 16, Salad 18, Heart 19, S-Pinner 21, Har-old
22, In-lone 23, Ten-don 25, Butts 26, Same 28, Not

1 Figure there may be strings
attached (6)
2 Came close to having earned a
break? (6)
3 Consideration of having helped to get
a record out? (4)
4 Fred accepts a game to have baffled
himl (7)
5 He was known for his touch with
various maids (5)
6 That's one team out of the way! (5)
8 Even some bad singers can make
their mark (4)
9 Achieve only halt one's target? (3)
12 Success can have its ups and
downs (3)
13 Search and rob of a firearm (5)
15 Break up a fight? (5)
18 No mere birdie (5)
19 That volatile little girl (3)
20 Radical hatred of going hatless? (3)

21 They're used in making light
pictures (7)
22 Drink up at the Saracen's Head (3)
23 It's no good including one in a flute
composition (6)
24 Work to make soup (4)
25 Ready to fall into the arms of
Morpheus (6)
26 Leading by less than a neck (5)
27 Maybe a slab of something light (5)

o's youngster? (3)
ikes'handwriting' (4)

Yesterday's easy solutions
ACROSS: 1, Cobra 6, Venus 9, Enacted 10, Elect 11. Nitre
12, Cubit 13, Stellar 15, Mad 17, Well 18, Toledo 19.
Coven 20, Animal 22. Sate 24, Ton 25. Regales 26, Remitl
27, Besom 28, Bison 29. Bath bun 30. Ashen 31.
DOWN: 2, Oblate 3. Recall 4. Ant 5. Scour 6, Venison 7.
Edit 8, Unread 12, Carol 13. Sweat 14, Elfin 15, Medal 16
Doles 18, Tenet 19, Caveman 21. Novels 22. Saline 23
Fedora 25, Right 26, Robe 28. Bus

1 Crib (6)
7 Abandoned (8)
8 Accept (4)
10 Source (6)
11 Part of speech (6)
14 Age (3)
16 Acceptable
17 Ripped (4)
19 Less (5)
21 Rational (5)
22 Fish (5)
23 Key (4)
26 Drain (5)
28 Golf peg (3)
29 Sensual (6)
30 Optical illusion (6)
31 Sharp (4)
32 Decreased (8)
33 Come out (6)

1 Romp (6)
2 Mythical
creature (6)
3 Paradise (4)
4 Hand over (7)
5 Polite (5)
6 War-horse (5)
8 Layer(4)
9 Family (3)
12 Ruin (3)
13 Supple (5)
15 Exclude (5)
18 Proprietor (5)
19 In favour (3)
20 Moist (3)
21 Goblins (7)
22 Ready (3)
23 Shade of red (6)
24 Metal (4)
25 Slop moving (6)
26 Closes (5)
27 Less good (5)
28 Twitch (3)
30 Manufactured (4)







ARIES Mar 21/Apr 20
Aries, understanding is the first step
toward the solution of a problem.
But this time even you may not be
able to help out. Let the air clear and
everything will work out.
TAURUS Apr 21/May 21
Trust in your coworkers this week,
Taurus. You all must work.-oether
to master a difficult projeet"which
springs up midweek. Some unlikely
assistance can be expected.
GEMINI May 22/Jun 21
You are feeling very vulnerable,
Gemini, especially when you are
thrown into a situation you did not
expect. Accept defeat and move back
into familiar territory.
CANCER Jun 22/Jutl'22
You feel both adventurous and secure
this week, Cancer. You decide to try
something new either a hobby or a
sport. Expect some close friends to
think you are strange.
LEO Jul 23/Aug 23 !f
Leo, your temper may be short, but
your wit is quick. If you feel trouble
is brewing, you may want,to move
over and let the difficultes pass,
rather than getting e invdld .
VIRGO Aug 24/Sept 22
Dive into the changes that corpe
rushing at you this week, Virgo.
You're bound to have fun and expe-
rience excitement as the tides turn in
your favor.
LIBRA Sept 23/Oct 23
You realize that everything has not
been working according to your mas-
ter plan, Libra. Now it's finally time
to sit down and discover a solution.
Reliable Cancer can help.
SCORPIO Oct 24/Nov 22
It's time to roll up your sleeves, as
projects you crave finally come
your way, Scorpio. Now's-the time
to shine and appreciate the oppor-
tunities you have been giyvn.
It's best if you economize this week,
Sagittarius. Limited resources are a
common feature of the future and
you know it's for the best iftyou con-
serve your assets right now; .
CAPRICORN Dec 22/Jan 20
Expand your list of contacts sodhat you
can finally get that dream job. Don't
worry; things are bound to woAfi in your
favor this week, Capricorn. Good for-
tune is turning in your directi'6i
AQUARIUS Jan 21/Feb 18
You are very quiet concerning what's
been on your mind, Aquarius.
Keeping too much bottled up is not
healthy. It's best if you share with a
close friend.
PISCES Feb 19/Mac20
Unexplainable forces bring you
fortune in a big way. There's no
need to be afraid of what you don't
understand. Just enjoy it.

I CES byLenad Brdn

This minimalist puzzle tricks
many would-be solvers. White
takes back his last move, and
instead makes a different choice
which delivers checkmate. It
looks impossible with only two
kings and two pawns on the
board, but it can be done. Chess
Self-Improvement by Zenon
Franco (Gambit, 16.99) is a
useful and pragmatic guide for
keen amateurs and juniors
aiming to become experts. You
have to guess key moves at
critical moments of 50
grandmaster games, chosen to
test your skills in attacking play,
strategy, endgames, and unclear
positions. The game winners
indude legends like Bobby
Fischer and Garry Kasparov, and
at the end of each chapter there

is a handy summary of tips and
suggestions. Back to today's
diagram, where's the mate?


Chess solution 8335: Black's previous move was
f7-f5, which White countered by e5xf6. capturing
Black's pawn en passant. Instead, White mates by


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