The Tribune.
Full Citation
Permanent Link: http://ufdc.ufl.edu/UF00084249/02972
 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: 8/21/2007
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_02972
System ID: UF00084249:02972

Full Text

iPm Iovin' It.,




he BHiami S erDIal

The Chicken
Cordon Bleu!

ume: 103 24 TUESDAY, A

,UGUST 21, 2007



'Sh oul court

Party insiders sal

it would be good

political strategy

FNM insiders believe it
would be good political strategy
to court Malcolm Adderley as
he continues to remain silent
amid continued speculation that
he is disgruntled with the PLP.
A source with close ties to
the Ingraham administration
said "it would make good
sense" for the FNM to woo the
PLP MP for Elizabeth, as it
would severely weaken the
The PLP is challenging three
seats in election court and, if
successful in all three cases, the
PLP would have the majority
of seats in the House of Assem-
bly unless Mr Adderley joins
the FNM.
"Mr Adderley is in a very
powerful position when it
comes to the PLP, given their
current state of affairs, because
if he walks to the other side of
the floor it would be devastating
for them.
"So I suspect his silence is
because he's hedging his bets,"

the source, who did not wish to
be named, revealed to The Tri-
bune yesterday.
"I think he will do what
makes sense for him and the
country (but) I think he has
SEE page eight

Plan for Unified Bus System
'should be ready in two weeks'
Tribune Staff Reporter
AS THE Road Traffic Controller has stated that the business plan
for the Unified Bus System should be complete in two weeks,
Works Minister Earl Deveaux said there is much that could be done
in the meantime on behalf of the ministry and those who own and
drive jitneys to improve the busing industry.
SEE page eight

THE man accused of
the attempted murder of
a 32-year-old woman was
arraigned in Magistrate's
Court yesterday.
Fred Wildgoose, 34. of
Odle Corner off East
Street was arraigned
before Chief Magistrate
Roger Gomez at Court 1,
Bank Lane yesterday,
charged with the attempt-
ed murder of Natasha
According to reports,
Pratt; was nearly killed in
a public attack on Lin-
coln Boulevard in the
Englerston area on Mon-
day last week. Reports
allege that Pratt was
pulled from her car by
her neck after being fol-
lowed from her home.
SEE page eight

Jackie Moxey murder case
finally coming to court
Tribune Staff Reporter
ALMOST two years after softh.ill star Jackie "Lil Stunt"
Moxcy was murdered, her case is finally coming to the Supreme
('o rt.
lan Joseph Hutchinson, who was charged with Ms Moxey's
murder in October, 2005, will appear before Supreme Court
judge Jon Isaacs on September 3.
Deputy director of public prosecutions Cheryl Grant-Bethell
will appear for the Attorney General's Office and Murrio
Ducille will appear for the defence.
SEE page eight


students in
Jamaica safe
after hurricane
dents in Jamaica appear to
have escaped Hurricane Dean
Deputy Prime Minister and
Minister of Foreign Affairs
Brent Symonette, however,
told ZNS last night that Hur-
ricane Dean highlights the
need to establish a compre-
hensive database of Bahami-
ans studying abroad.
He encouraged all Bahami-
an students to.register with
either a consulate office, a
High Commission or an
SEE page eight

Only eight per
cent in poll name
Bahamas their
favourite cruise
port in Caribbean
CARIBBEAN Travel & Life
magazine polled its readers to
select their favourite Caribbean
cruise ports, only eight per cent
of which named the Bahamas
as their favourite port of call.
The Bahamas was described
as "a great introduction to the
rest of the tropical islands in the
Americas because they are not
as exotic as some of the more
far flung islands."
"There's much to do in the
Bahamas great beaches,
shopping, and activities. A visit
SEE page eight

Man and woman
arrested after
shot is fired
A MAN and a woman were
arrested in the Chippingham last
evening after a shot was fired
in the community.
According to preliminary
reports, a concerned resident of
the area contacted police after
he saw an armed man chasing
another across the front yard of
a private home.
Police officers pursued the
suspect, who was wearing a
white shirt and camouflage
pants at the time, into a house in
the community.
The officers were finally able
SEE page eight

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Cable Beach Resorts to focus on corporate meetings

rO conmicrfOt ro rNM WORiL

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THE Cable Beach Resorts
are set to tap more aggressively
into the business tourism mar-
ket this Fall by offering new
packages to the corporate trav-
"The corporate meetings
market continues to be one of
the strongest segments in the
travel industry, and our new
meetings packages, as well as
our renovated meetings facili-
ties, are designed to meet this
increasing demand," Bryan
Guillot, chief marketing officer
for Cable Beach Resort and
Crystal Palace Casino said.
The resorts are advertising
the new packages as an oppor-
tunity for businesses and organ-
isations to host meetings while
enjoying the sun and sand of
the Bahamas.
The new meetings packages
offered by the Cable Beach
Resorts and Crystal Palace
Casino are available for groups
of 50 room nights or more
booked by December 3, 2007,

* THE water bull machine, left, used to extinguish the
restaurant fire

OPBAT staff rush

to help quell blaze

in restaurant


Also at BaTelNet Mall at Marathon & JFK Monday Friday from 9am 5pm
Saturday at the Mall at Marathon from 10am 5pm CALL-BTC (225-5282)

OPBAT officers came to the
rescue when a devastating fire
erupted at a restaurant in Math-
ew Town, Inagua.
Their quick action probably
saved two nearby homes, wit-
nesses said yesterday.
The fire broke out on Sun-
day and, before long, the build-
ing was engulfed in flames.
Firemen quickly arrived on
the scene and began dumping
water on the fire, but it was not
nearly enough, according to
Compounding the problem
was the fact that when the fire-
men took their fire truck to the
local dock to refill it with sea
water, the pumps on the truck
failed to work, rendering the
truck useless for any further
assistance, US officials said.
Upon hearing of the fire,
Operation Bahamas Turks and
Caicos (OPBAT) officers sta-
tioned on Inagua did not hesi-
tate to assist.
OPBAT site supervisor,
Chief Petty Officer Matthew

Kellison, immediately grabbed
two nearby mechanics who
helped him tow OPBAT's 550
gallon water bull (normally used
to wash engines) to the scene.
Petty Officer William Work-
man followed in another truck
that carried a dewatering pump.
When Chief Kellison and
crew arrived on scene, the fire
was still out of control and very
close to spreading to surround-
ing houses but with the water
bull they were able to begin to
contain the blaze.
Petty Officer Workman, in
the meantime, rigged the dewa-
tering pump to extract water
from a cistern behind a nearby
The pump system that he
rigged served to refill the water
bull and provided direct water
to the fire.
With these two sources, of
water, the OPBAT crew
teamed up with local residents
to contain the fire.
An eyewitness to the incident
noted: "I have no doubt in my
mind that the quick actions and
leadership of Chief Kellison and
Petty Officer Workman saved
the two adjacent residences
from being destroyed."
He credited the OPBAT
team for taking charge and get-
ting the job done. No-one was
hurt in the incident.



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


and for travel through Decem-
ber 20, 2007.
Room rates range from $89
per night (Sunday through
Wednesday) to $109 per night
(Thursday through Saturday).


The packages feature addi-
tional services and amenities,
including suite upgrades, din-
ing specials, group private
check-in and complimentary
guest rooms, meeting room
space, VIP in-room amenities,
and VIP airport transfers.
In addition, Cable Beach
Resorts recently renovated its
30,000 square feet meeting
space, including the Crystal
Ballroom, which can accommo-
date up to 1,750 guests for
receptions and 900 guests for
banquets. Meeting space for
smaller groups, Wi-Fi internet
capabilities and a business cen-
tre are also available.



OIn brief Deveaux says government has no

accused of
false money
THREE U S residents
were arraigned in Magis-
trate's Court yesterday
charged with failing to
declare nearly $29,000 in
American currency.
Zhi Wan Wang, 29, of New
Jersey, Meina Zhing, 21, and
Leslie Zhing, 19, of Valley
Crest Drive, Midlothian, Vir-
ginia, were arraigned before
Chief Magistrate Roger
Gomez at court one in Bank
It was alleged that while at
the pre-clearance lounge at
the Lynden Pindling Interna-
tional Airport on August 18,
the three, being concerned
together, made a false decla-
ration to a United States offi-
The accused are charged
with failing to declare
$28,495.35 in US currency.
They all pleaded not guilty
and were each granted $7,000
bail. The case was adjourned
to November 2.

Call for
for BNT at
THE Bahamas National
Trust is calling on its mem-
bers to volunteer for core
clerical duties at the Retreat
beginning this week.
"As you are aware, your
participation in the Bahamas
National Trust and support
of its activities are vital to its
continued growth and suc-
cess," the BNT told members
in a statement.
Volunteers are urgently
needed at the Retreat, the
Trust's head office, during the
period August 20 to Septem-
ber 3, it said.
Interested persons were
asked to call 393-1317 or e-
mail: kaderin.mills@bahamas-

Meeting on
Albany and
South Ocean
THE Ministry of Works
and Transport has scheduled
two town meetings to discuss
the proposed Albany and
South Ocean projects.
Also to be discussed is the
plan to divert the southwest
Bay Street roadway.
The meetings are to be
held at the St Paul's Church
Hall in Lyford Cay on
August 22 and 23, from
6.30pm to 9pm.
The ministry has advised
residents of the Adelaide,
Mount Pleasant and Gambier
communities that transporta-
tion to the meetings will be
provided by Strachan's Bus
Service, beginning at 5.30pm
from the bus stop at Ade-
laide, at 5.45pm from the
Mount Pleasant bus stop and
at 6pm from the bus stop in



Tribune Staff Reporter
minded" to force straw vendors
to sell only authentically
Bahamian straw products, but
Minister of Works Earl
Deveaux said he would "cer-
tainly encourage" vendors to
do so.
He said that a shift to that
historic state of affairs would
have to be something that the
straw vendors themselves sup-
ported and instigated rather
than a government policy. "I
think that has to be an organic
movement," said the minister.
His comments were in
response to hard-hitting state-
ments about the market and its
future made by Director Gen-
eral of Tourism, Vernice
Walkine, on Island FM on Sun-
day. During the radio show Par-
liament Street, Mrs Walkine
described the straw market as
being "for all intents and pur-
poses, a flea market" rather
than the "Bahamian institution"
that it once was.
"It is a market where you can
purchase all kinds of products
that are totally unrelated to that
authentically Bahamian-prod-
uct, the straw product."
The tourism chief said that in
her "strong personal view on
the matter...is that nothing but
authentically Bahamian straw
products should be allowed in
the straw market, otherwise we
should call it something else.

Minister of Works says straw vendors won't be forced

to sell only authentic Bahamian products at market

"Let's be very brutal about it
and call it as it is. It is not a
straw market. It is a multi-pur-
pose, multi-product market that
is unrelated to straw," she said.
However, she noted that
while such "tough decisions
about what we are going to
allow to take place under that
tent" are not hers to make, as
her ministry does not have
responsibility for the straw mar-
ket, adding "if I could have, I
probably would have."
Yesterday, Mr Deveaux,
whose ministry has responsibil-
ity for the market, said that
telling the 600 strong vendors
what to sell is "not something
that I am minded to do and I
don't think the government is
considering that."
Mrs Walkine had also sug-
gested that the market be move
out to Arawak Cay. However,
Mr Deveaux said that such a
move "is not something that the
government is prepared to con-
sider at this time."
The minister mentioned,
however, that some vendors
had suggested that when a new
market is constructed there
should be an area where only
authentic Bahamian goods are
"That's one thing we are
looking at. They fetch a higher

price and are more likely to
bring return business to the
market," he said.
Aside from this, government
is concerned with what is sold
in the market only to a "minor
degree," said the minister, admit-
ting however that there is a
"wide body of opinion in the
general public that the straw
market is not what it used to be."
"As a government we are
concerned that the bread and
butter industry of our country is
deteriorating and we are seek-
ing to come to grips with the
options so that we can restore
our industry to its former
prominence in light of increased
competition and the straw mar-
ket is one of many aspects of
this," he said.
Mr Deveaux said that by the
end of September the govern-
ment subcommittee charged
with investigating the options
for the future of the straw mar-
ket will have completed its
"You'll see the various
options are put out and we'll
make a decision based on those
things," adding that in his opin-
ion, as far as the products that
are sold by the vendors are con-
cerned, the most "viableoption
for them is going to be a higher
level of Bahamian content not

Police crack down on illegal signs

OFFICERS from the police
tourism unit of the Central Divi-
sion have begun a campaign to
crack down on illegal signs.
They are removing dozens of
un-permitted signs that have
created an eyesore in historic
Nassau. The signs promoting
services from printing to hair
supplies have been the sub-
ject.of many complaints raised
by concerned citizens and visi-
"Every sign that is posted in a
public place must have a per-
mit, a process that is clearly out-
lined and has been in place for
decades," said Sergeant Dwight
Smith. "Unfortunately, the
practice of posting signs any-
where and everywhere, stapling
them to trees, nailing them to
utility poles, even plastering
them across government-erect-
ed street signs has gotten com-
pletely out of hand.
"Now, in a combined effort
with the Nassau Tourism Devel-
opment Board, we have begun
a campaign to rid the city of ille-
gal signs and we want to send a
loud and clear message: this
practice will not be tolerated."
Officers said many signs are
placed in areas where the public
have right of way, interfering
with the smooth flow of pedes-
trian traffic on already crowded
They have identified others
located on street corners, where
they can obscure a driver's
"We are extremely grateful
to the tourism police unit for
their cooperation in this crack-
down," said Charles Klonaris,
NTDB chairman. "The explo-
sion of improper and illegal sig-
nage detracts from Nassau's
beauty. It mars our architecture
and gives the city an appear-

only in the form of goods, but
also in the form of artwork so

that they could command better


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* SGT Dwight Smith (left) and Constable Patrick Rolle (right)
are pictured removing illegal signs near Elizabeth Avenue
(Photo: Arthia Nixon, Diane Phillips & Associates)

ance of being dirty, lacking style
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Applications for permits may
be obtained at the Department
of Physical Planning.

plans to regulate straw vendors

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Editorial/Letters. .........................................P4
Advts ............................................ P10,11'12
Business .................................... P1,2,3,4,5,7
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W oman....................................... P1,2,3,4,5,8
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LETTERS, many of which cannot be pub-
lished, and telephone calls are still coming in
from Bahamians, both angry and fearful of
what might happen if verbal threats are not
toned down in the political arena. They are
concerned about talk of a "war" about to
begin, despite the May 2 election victory;
"troops" urged to stick together ready for
action, and the threat to leave Prime Minister
Ingraham with floating back teeth if he does
not change his leadership style.
Concern is mounting that not one of the 18
PLP parliamentarians have as yet con-
demned or distanced themselves from the
"teeth floating" threat, which was suggested
by a website author as the action the 18
should take against Mr Ingraham. The author
of the threat suggested that the 18 MPs
should tell the PM that if he doesn't change
his ways "we promise you all hell will break
Tribune readers have reminded us of the
night in fact when all hell did break loose in
Lewis Yard, Grand Bahama. That was the
night PLP goons charged the platform from
which FNM leader Sir Cecil Wallace Whit-
field was speaking and physically beat every-
one in sight, including a Tribune editor,
smashing his camera, while the police
watched motionless from the sidelines.
. They recalled April 10, 1968 Wednes-
day of Holy Week the very first election
called by Sir Lynden when goon squads were
introduced to Bahamian politics. "For the
first time in the history of the Bahamas terror
and government are on the same side," com-
mented the late Dr Paul Albury, a Bahamian
historian, reacting in horror at the shocking
turn of events in a once peaceful Bahamas.
Today Bahamians deplore crime and vio-
lence. But for cause and effect, they only
have to trace the invisible thread back to the
source Holy Week, April, 1968.
Catholic priests from their pulpits con-
demned the violence when PLP goon squads
broke up political meetings, sending inno-
cent people to hospital. Rocks and bottle
throwing didn't start with school children. It
started on a massive scale with the vicious
PLP goon squads during that election cam-
The late Sir Roland Symonette, Opposi-
tion Leader, accused the PLP of "atrocious
lies and tactics reeking with hate and ter-
ror." It was an election the likes of which
had never been seen in the Bahamas before.
The letter writers then recalled the Perpall
Tract murder during another election cam-
paign. It was a sordid drug deal gone wrong
between petty criminals.
It ended in the murder of one of them.
However, the PLP snatched the opportunity
to make it political in an attempt to smear the

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




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name of Sir Cecil. It was a devilish trick used
at every election afterwards in an attempt to
destroy Sir Cecil.
For them it seemed that when it came to an
election and dirty tricks, no holds were
But the one uppermost in everyone's mind
today is the murder of St Agnes MP Charles
"Chuck" Virgill, FNM Housing Minister, and
election campaign coordinator. He was killed
in February, 1997, the morning after the
announcement of that year's general elec-
Although the PLP vehemently denied that
it had anything to do with Sir Lynden parad-
ing gang members on his platform at a PLP
convention, even today Bahamians connect
the emotive language at that convention, and
a later rally, with Mr Virgill's murder.
"It is a sad day when young men, given to
anti-social behaviour," said Baptist minister
Simeon Hall at the time, "become unsus-
pecting pawns in the hands of politicians. It is
wrong to use socially maladjusted young men
as showpieces on any political stage, and then
they must return to their desperate and hope-
less fixed social conditions."
Later at a rally Sir Lynden claimed that
the FNM had $5 million to spend to win the
March 14, 1997 election.
He named five bank accounts, giving num-
bers and the names of the signatories to each
He urged his supporters, numbering in the
thousands, to "get some of dat. And ain't no
point coming out here tonight if you don't get
some of dat."
Within four weeks of the PLP convention
two of the young men on Sir Lynden's plat-
form, who had taken a pledge to better them-
selves, had been charged with three murders
- Chuck Virgill's being one of them.
Sir Lynden "had the nerve." said Opposi-
tion Leader Hubert Ingraham at the time.
"to issue a statement saying I ought not draw
attention to the fact that one of the persons
accused of murdering our brother. Chuck
Virgill, appeared at his convention as a
reformed gang member."
No one is suggesting that Sir Lynden
intended the chain of events that followed.
However, it should be a lesson that politi-
cians cannot be irresponsible in working up
people's emotions. They have to remember in
the words of the World War II poster that
-"loose lips cost lives."
Today Bahamians are saying that the so-
called "new PLP" are reminding them too
much of the old.
They don't want "war", they don't want
turmoil, they just want to settle down and
quietly together concentrate on building a
better Bahamas.







The Tribune Limited
Being Bound to Swear to The Dogmas of No Master
LEON E. H1. DUPUCHI, 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

PLP's loose talk raises concern

EDITOR, The Tribune.
THE PLAN to destabilise this
once peaceful country, seems to
be a reality more that just a
rumour. The negative utterances
by, first the leader of the oppo-
sition and leader of the PLP
Perry Gladstone Christie, Obie
Wilchcombe, Shane Gibson,
Fred Mitchell and others, proves
that they are on a collision
course with destiny. Provoca-
tion seems to be the order of
the day. Does the PLP want a
state of emergency? I hope not.
Every opportunity since May
2, there were indications that
Mr Christie and many PLP
members of parliament, want-
ed to "pick a fight." But sophis-
ticated FNMs refused to be
drawn into the cesspool with the
The pathetic behaviour has
now risen to heights not ever
experienced by Bahamians,
since the goon squads under the
late Lynden Pindling. It is prob-
ably safe to say that the PLP
will not stop their foolishness
until someone has had a bad
Sassy Fred Mitchell has noth-
ing to lose. He has no family to
worry about He does not know
what being a father is like, .so
he cannot visualise how it feels.
The site bahamasuncen-
sored.com is the most despicable
site to visit. It is obviously being
guided by cowards who would
die if they had to be confronted
with a real man face to face. So
they seek refuge underneath
someone's gown tail, while they
torment all and sundry. This dis-
gusting site has "sown the
But we all know that real men
do not behave like that. Vicious
behaviour without any provo-
cation is usually attached to peo-
"ple with a confused personali-
ty. They usually cannot figure
out who they really are. In my
opinion they would stop at noth-
ing to draw everyone into their
ball of confusion.
The suggestion to harm the
Rt Hon Hubert Ingraham by the
site that promotes Fred Mitchell
and the PLP, is not sitting well.
Regardless what some may
think, many FNM and PLP love
Mr Ingraham and will sacrifice
to protect him. The numbers are
much higher than any pea brain
can imagine. Many key PLP
confess in camera, that they
have little time for Fred Mitchell
and Perry Christie.
The website that promotes Mr
Fred Mitchell is the same site
that has threatened to cause
harm to Mr Ingraham. Is it pos-
sible that the site is doing the
bidding of Mr Mitchell and the
PLP warning Mr Ingraham?
Are their trying to intimidate



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Mr Ingraham? Do they really
believe that they could frighten
Mr Ingraham or any other
FNM? I think not.
The police must get-up off it
and do their job this time. Noth-
ing should be spared until a full
investigation and the findings
made public about this sad state
of affairs. If this is not checked,
then the police could be accused
of allowing an attempt to hurt
the duly elected Prime Minister
of the Bahamas, Hubert
Alexander Ingraham.

Mr Christie, if he has one
ounce of guts, must step up to
the plate and denounce this
All other PLP MPs who pre-
tend to know God, must also
make their objections known
now. The Christian Council and
other key figures in the com-
munity must, with haste, express
their disgust and objections pub-
licly now, otherwise prepare to
reap the whirlwind.
The FNM has taken this seri-
ously and will not be like sitting
ducks. We will protect Hubert
Ingraham and every other FNM.
August 14, 2007.

Mathematics and government
EDITOR, The Tribune
"I don't make jokes. I just watch the government and report the
facts." Will Rogers.
WOULD you kindly print the following letter for the general pub-
There are 41 Members of Parliament. On a conservative estimate
let's say that each one is making $28,000 per year. Of course, Cabinet
Ministers make more. A Prime Minister may make more, etc. But
we are safe in assuming the minimum of $28,000 per year.
So, 41 members of Parliament x $28,000 = $1,148,000.
And let's say that the Parliament meets 300 days per year. It may be
more or it may be less.
So, $1,148,000 divided by 300 = $3,826.67 per day.
Now let's say that there are 300,000 persons in The Bahamas. It
would be safe to say that at east 50 per cent of them are contributing
to the economy of The Bahamas (business persons, persons who pay
stamp tax, etc, etc).
So, 300,000 persons x 50 per cent = 150,000 tax payers.
That is 150,000 persons are paying for the Members of Parliament to
So, 150,000 people must contribute between two and there cents (and
possibly more) per day for these sessions of Parliament.
I submit that when one sees the type of foolishness and antics that go
on as well as the long winded speeches and harassment of each mem-
ber by the other, someone is not getting what they are paying for. Yes,
someone, and I think we all, know who, is not getting their two cents
Perhaps as persons who are actually paying these salaries, we should
demand to know the attendance records of Members of Parliament.
After all, if we are each kicking in at least two to three cents per day
toward someone attending somewhere to represent us, and they don't
show up, shouldn't we get a refund? Would we pay a lawyer for work
he didn't do? Or a contractor? I don't think so.
If someone exhibits in Parliament the type of behaviour that we
would be horrified if we saw it in one of our own children, shouldn't we
expect that person to personally reimburse us for wasting our money?
There are a lot of people who might line up for refunds. Two cents may
not seem like a lot of money, but with some of these members in
about 50 days we may be able to get a dollar back. Which is worth more
than their contributions.
Another fun math problem would be to do the math on the $195 mil-
lion budget for education divided by the number of school age children,
and then see what the illiterate graduating classes are actually costing
us as well. But that is for another time.
Please forgive any math errors I have made in the pure joy of doing
these calculations.
August 2007.



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Begi nn' .
Augus'tTS 17thi







OIn brief Humanitarian team
Oil company

in Mexico praised for efforts
gets ready
to shut down
t By ALISON LOWE the departure lounge and then "One of our first respondents
SMEXICO CITY Tribune Staff Reporter they couldn't get to the gates went up to them, took their
alowe@tribunemedia.net ... so the whole thing went tickets and said they're valid for
MEXICO state-run Pemex wrong and they had to let a flight with us the lady fell
oil company abandoned its state-run emex A BAHAMIAN team from everyone out again and start into tears started crying."
oil company abandoned its Humanitarian Operations was again," Mr Adler said. The team were aided by the
offshore oil rigs n the path praised by tourists and Cayman The Bahamian team, for fact that once they had proven
ofday, Hurricanetiean on Mon-re than government officials over the which this was the fourth evac- their effectiveness, they were
day14,000 workers andg more shu tting weekend as they unexpectedly nation experience, stepped up granted passes to enable them to
14,000down p workers an sin its maing stepped in and aided evacuations to the plate and took over the swiftly navigate all security points.
oil-producing region its accord Hurricane Dean approached, responsibility of evacuating The HOPE representative said
oil-pro cited Press.gon, accord The 18-strong team had. those with young children and that people were surprised to find
ing to Associated ress. arrived in the Cayman Islands those with medical issues, as that those helping them were
Huecrricane Dean was pro- on Saturday, August 11, shortly well as "anyone else who could Bahamian, thinking perhaps that
ejected to plow into ur after Dean began to threaten not protect themselves." they were from the U S. "They
gas production on natural the region. Meanwhile, security queues thought we were absolutely won-
gas production on Tuesday "We were there to monitor were two and a half hours lorg derful," he said, adding that even
with sustaed winds of up to and assess their evacuation and for flights due to depart in two the head of the Cayman Airport
160Petroleos Mexicanos decid to learn should there ever be an hours, check-in lines contained Authority contacted them to
ed Monday to remove the evacuation in the Bahamas," upwards of three to four hun- compliment them on their efforts,
e M workers from remoe e aid Darren Adler of Humani- dred persons, and the airport asking the team to return for any
remaining worersfrom more tarian Operations (HOPE). He simply ran out of space whether future evacuations.
than 100 rigs m Campeche added that "the minute they saw for departing persons to park Those who were evacuated
oundt Ca wntarell oil fincludesld. Bat- what we were doing and how their vehicles, or for planes, to this country are due to leave
giant antare of up to 22 field.Baeet efficient we were," the team was The Bahamians brought in 53 tomorrow.
were expected to hit the plat asked to step in and help. planes to aid in evacuation
fower e expected to hitd. HOPE is funded by British, efforts, but, according to Mr
Torsr c g the 407 Canadian and US governments. Adler, only two could fit on the I
Temporary y closing the 407 According to Mr Adler, the packed tarmac.
underigs will mean a production evacuation was the "one of the However, by using these M AINT
loss of 2.7 million barrels of worst" he had ever witnessed, as planes and finding empty spots
oil and 2.6 billion cubic feet of the airport and its staff were over- on any departing commercial Te Mall at Marathon is
oil and 2.6 billion cubic feet of Th w w t se nf Mr Adler claimed the The Mall at Marathon is
natural gas a day, Pemex said. whelmed with the sheer number flights, Mr Adler claimed the
nat, urabolut 1.7 l a on bar of persons arriving to try to team managed to fly out many This is a challenging pos,
rels of oil a day is exported escape the oncoming weather, stranded visitors often with
from three Gulf ports, where "People couldn't even get emotional results.
Pemex loaded the final into the terminal at the airport, "There was one lady with a
tankers Monday morning people were standing outside child who was diabetic they'd General Description
Operations also were being queuing, they were missing their been out in the sun for two an Daily management of ap
suspended at Pemex's huge flights, flights were taking off a half hours queuing outside the y management of ap
"Floating Production Storage half empty, people couldn't get airport, they'd missed their scheduling evaluating
and Offloading" vessel, which through to security, people got flights," said Mr Adler. seeing work product
can store 2.2 million barrels of ........ .............housekeeping tasks incl
"This willnbe the first test of N eW tropical w ave 'is floor machine use and ma
the storm-worthiness" of the buffing floors, vacuumin
vessel, said George Baker a no threat to Baham as offices, food court, tra
analyst who follows Pemex
closely. THE new tropical wave Salary commensurate witl
Pemex produced an aver- which has appeared in the east- accomplishments.
age of 3.2 million barrels a ern Atlantic following in the
day of crude oil in the first wake of the powerful category
six months of 2007, of which four Hurricane Dean is "noth- APPLY AT:
2.6 million barrels a day came ing to be concerned about"
from its offshore deposits, according to chief meteorolo- THE MALL AT M
Mexico was the United gist Basil Dean.
States' second-largest source The wave should still bring MANAGEMENT
of foreign petroleum prod- some heavy cloud cover and NO PHONE CAL
ucts in May, the latest month showers to Bahamian shores by
for which statistics were avail- Wednesday, continuing into
able, according to the US Thursday.
Department of Energy. Yesterday, some news
The US imported 1.6 mil- sources flagged up the tropical
lion barrels of petroleum a wave, which was said to be sit-
day from Mexico in May, uated several hundred miles
down from 1.7 million barrels northeast of the Lesser Antilles
in May 2006. The 1.6 million in the Central Atlantic. "This time of year, you have
barrels was slightly more than "Upper-level winds are these waves every four days or
Saudi Arabia's exports to the expected to gradually become so that pass through, however
US but well behind Canada's more favourable for develop- what you watch them for is pos-
2.5 million barrels. ment during the next couple of sible development but this one
Pemex's largest single days as this system moves west- is expected to move through us
source of crude oil is the ward or west-northwestward at as a wave."
Cantarell complex of oil 15 to 20 mph," forecasters at For now, the weather expert
fields, which is one of the the National Hurricane Center said, the Atlantic on the whole
biggest in the world. The said today in a statement. is quiet as far as weather is con-
smaller Ku-Maloob-Zaap oil However, Mr Dean down- cerned. "There's nothing to'
complex is located nearby, played the system and its poten- write home to mum about," said
also directly in Dean's path. tial impact on the Bahamas. Mr Dean.


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th experience and


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is pleased to invite Tenders to provide the Company with
Motor Insurance coverage.

Interested companies/firms may collect a Tender
Specification from the Security's Desk located in the
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the hours of 9:00 a.m. and 5:00 p.m. Monday through

The deadline for submission of tenders is Friday,
September 7th, 2007. Tenders should be sealed and
marked "TENDER FOR MOTOR INSURANCE" and should
be delivered to the attention of the "President and CEO,
Mr. Leon Williams."

BTC reserves the right to reject any or all Tenders.


0.- W-JA




Well-versed for open mic forum
ABOVE: Up-and-coming poet Mrs. Patrice Johnson shares a
poem during the latest session of 'Express Yourself' on August
15, 2007. The event, held at 'Da Island Club' in the Nassau Beach
Hotel, is an open mic forum for poets, musicians and performance
artists to share their work. The next session will take place Wednes-
day, August 22,2007, at 8 p.m. (Photos: Eric Rose)

RENOWNED Bahamian artist and sculptor Mr. Antonius
Roberts (left) and his brother Terrnace listen to the poetic pre-
sentation during the latest session of "Express Yourself*.

As a privately-owned, mid-sized Bahamian
Company and the authorized Caterpillar dealer
in the Bahamas, we are seeking 2 candidates
for the position of

The individuals must be able to support
Caterpillar Tractors, Excavators, Wheel Loaders,
Backhoe Loaders and other machines in the
Bahamas. Applicants .must have proven
experience in diagnosing, troubleshooting,
repairing of Hydraulics, Engines and Vehicular
Electricity. Computer skills are also required
'for this position. Applicants with formal education
in mechanics are preferred.
Send complete resume with education and work
experience to M & E Limited, P. 0. Box N-3238,
Nassau Bahamas, Attention: Human Resources
Department, or email me@me-ltd.com
Only persons being interviewed for this
position will be contacted.

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Former Bahamas resort owner

to launch major sailing event

'Interest high' for festival in early 2008 AA .

F(-)RlNIE R Ba ham.,ii, IL%%.>III 0%kI '1 l 1
de Saaii\ %ill kick oll hl. i, ,- I i' ,
become one of the % ibig '.hgc, s.liiii i \ 1 t',
in thc Caiibbdi.n.
It his been announced that the official
launch party of the Port Louis Grenada
Sailing Festival will be held on September
11 and will be hosted by Mr de Savary,
former owner of the Abaco Club at Wyn-
ding Bay.
The festival will be held from January
25 to 29 next year, and the Grenada Sail-
ing Festival Committee said it is planning
a party "which promises to he the most
sophisticated sailing festival launch ever"
and the precursor to what is expected to
be the largest sailing festival ever held in
the southern Caribbean.
"This year for the first time the launch
event is expected to attract wide coverage
in the regional and international press as
a number of top sailing publications have
confirmed their attendance." said a
Interest in the 2008 Port Louis Grena-
da Sailing Festival has already been high
according to organiser Mary Ann
Williams. "We're anticipating more
entries than ever before. Grenada is gain-
ing much wider awareness with the new

ii.iin l .i1 l ,,il h1%- ,IH il 11-,h Uld be h ur
h ',l I..I, 111 L .I i- I
I Ih li'nk i 'm I i ll..\-ni i, lnpow nt 1o
i: ,1 lo L .tI II'noId l 1.miiina mn nagc.r
Danny Donelan. "We are confident that
this event will become one of the best in
the region and we are happy to associate
Port Louis Marina with this exciting
Mr de Savary, who is chairman of the
marina, will, be hosting the party at the
marina's Victory Bar & Grill.
"Specially invited guests, media and
other sponsors will have the chance to
view the progress of construction of the
Marina and Village of Port Louis," Mr
Donelan said.
Port Louis was created by Mr Peter de
Savary, and when completed will include
a world class marina with up to 350 slips
and yachting facilities for yachts up to
100 metrcs: 37 estate lots for individual
villas froni 3000 square feet, 22 hillside
apartments and a marina village with both
commercial and residential units from the
more modest 900 square foot apartments
to luxury penthouses.
Plans also include a 120 room luxury
five-star hotel, a world class premier spa
and well-heing lifestyle centre, a 120 room

family and business hotel, and restora-
tion of the lagoon including the reclama-
tion and renovation of the sea front.
"Within the Caribbean and West Indies,
Port Louis will be a unique comprehen-
sive village community exuding charm
and character and will include a vibrant
daily market," said the management in a

Club Med's 'top employee in region' on her travels


We are looking for people who:

Know what it means to give outstanding
customer service
Have a background in Food and Beverage Sales
and Management
Desire to bring fun and enthusiasm to our
Have a customer first attitude
Preferably have 1-2 years of proven successful
track record

We offer:

A great group of people to work with
.A competitive salary and benefits package
All of the training you'll need to be highly

All interested applicants should bring in person
to Starbucks Coffee (Prince George Wharf, Marina
Village, Wyndham Casino, Palmdale, Harbour Bay or Mall
at Marathon) a completed application form, current
resume, passport picture, current police record, copy
of passport, copy of NIB card, a food handler's certificate
and 3 job references..
Incomplete applications that do not include all supporting
documents will not be processed.
If you want to learn more about Starbucks please visit:

w w .s t r b c s o: '

MS GIBBONS with her Irophy. surrounded by col- 1
leagues, at a ceremony held at the Club Med resort in
San Salvador.

GEORGINA Gibbons has returned from Paris and
the French Riviera after being named the top Club Med
employee in the region.
Last June Club Med had a worldwide
convention in Opio, at one of its resorts in the South of
Ms Gibbons was one of the long-standing Bahamian
employees invited to this meeting.
To her surprise, she was chosen over more than 3,000
of her colleagues as the best employee in the North
American sector.
She was personally thanked and rewarded by the pres-
ident of Club Med worldwide, Henry Giscard D'Es-
taing. son of the former French president Valery Giscard

Day to Day running of the store
Inventory Control
Day to Day sales
Computer literate
Must have a good personality

Please provide your resume to:

Andrew Aitken Frame Art
50 Madeira Street
Palmdale Ph.: 325-1771





: t&wo major businesses

OIn brief

Anna Nicole's
daughter to
first birthday
ANNA Nicole Smith's
daughter, Dannielynn, will
celebrate her first birthday
next month at a party in
Louisville, according to Asso-
ciated Press.
The party will be held at
the home of Tricia Barnstable
Brown, who hosts an annual
Kentucky Derby-eve party
packed with celebrities. Smith
and Dannielynn's father, Lar-
ry Birkhead, met at the 2003
Brown said Birkhead, a
Louisville native, asked her
to host the party.
"They met at my Derby
party here at my home,"
Brown said Saturday. "Now
Larry is bringing Dannielynn
in from LA to celebrate her
first birthday party."
Brown said she expects
about 200 people, including
family and friends; She said
Howard K Stern, who had
been in a custody battle with
Birkhead over Dannielynn,
will also attend.
The catered party will have
elaborate decorations and
hot-air balloons, Brown said.
Smith gave birth to Dan-
nielynn in the Bahamas on Sep-
tember 7. Her 20-year-old son,
Daniel, died three days later at
her hospital bedside from a
lethal combination of drugs.
Smith died in Florida on Feb-
ruary 8, at age 39, from a dead-
ly mix of prescription drugs.
Stern claimed to be Dan-
nielynn's father, but DNA tests
proved last spring that Birk-
head is the father. Birkhead is
now raising Dannielynn.


For the stories behind !
the news, read Insight :
on Monday :

Marco City MP outlines plans for Grand Bahama revitalisation

Tribune Freeport Reporter
FREEPORT The govern-
ment believes Grand Bahama's
economy will pick up when two
major enterprises open for busi-
ness, according to a Grand
Bahama MP.
"It is our full expectation that
in the medium-term Grand
Bahama's economy will turn
around," said Marco City MP
Zhivargo Laing. "While the
immediate future continues to
present some challenges, we do
expect it to get better and fully
expect things to change posi-

tively for Grand Bahama in the
medium term."
According to Mr Laing, the
FNM administration has
pledged to revitalise the econo-
my and create jobs in Grand
Bahama by taking the follow-
ing steps:
Promoting and facilitating
the continued diversification of
Grand Bahama's economy
thereby increasing local value.
Fostering improved link-
ages between the economic sec-
tors in Grand Bahama and in
so doing reduce foreign
exchange leakage for the fund-
ing of imports.

Collaborating with the Port
Authority and the hotel sector
to promote Grand Bahama as a
choice tourism destination.
Promoting Grand Bahama
as a first class sea and air con-
tainer transshipment centre.
Reinforcing government
support for the expansion of
Bahamian ownership of high-
end boutique style guest houses
and inns as alternatives to tra-
ditional hotel accommodation.
Expanding and simplify the
government loan-guarantee
programme to support small
Reinforcing and strength-

ening incentive and concession
programmes that support small
Bahamian-owned businesses
such as light manufacturing,
agriculture, fisheries and food
Encouraging and facilitat-
ing the development of new
employment opportunities
through the development of
new (and the enhancement of
existing) quality Bahamian-
owned culinary establishments,
entertainment and recreation-
al amenities, and historical,
artistic and cultural centres to
meet the demands of both resi-
dents and tourists.


Minister urges people to use financial programmes

ZHIVARGO Laing encour-
aged Bahamians to establish
new'enterprises on Grand
Bahama by using the pro-
grammes available through the
Mr Laing is the minister
responsible for the Bahamas
Development Bank, the Ven-
ture Capital Fund, government
loan guarantee schemes and
various government incentive
"We are eager to assist
Bahamians to build thriving,
successful businesses that meet
the objectives that we have set
as an administration," said Mr
"We especially know that
Grand Bahama's economy
needs such enterprises for its
Speaking in Grand Bahama
at the reopening of LMR Drug
Company on Friday,. Mr Laing
congratulated Dr Havard Coop-
er and his family on their
newest business venture in
He said the reopening of the
business under the new owner-

ship and management of Dr
Cooper is a "welcomed situa-
tion" for Grand Bahama.
Mr Laing noted that the clo-
sure of LMR was "a blow" to
the island's economically.
"The return of the business
means re-employment of per-
sons and new employment for
others. This is a welcome situa-
tion for Grand Bahama.
"Hiring here (LMR) com-
bined with what is being done
by the Freeport Container Port,
the soon to open brewery,
Associate Grocers and a few
other enterprises, is a good sign
of things to come on this
island," said Mr Laing.
LMR, which was owned and
operated by Chappy Knowles
for over 30 years, closed its
doors in September 2006.
Dr Cooper, who purchased
the business, said he is commit-
ted to continuing to provide
quality service to residents.
In addition to its full service
pharmacy, he has added a drive-
through window where pre-
scriptions can be dropped-off
and picked-up.

With this new service, doc-
tors can simply fax or call in a
prescription for their patients
to pick-up at the window.
Mr Laing said that the clo-
sure of LMR was also a blow
to the community in terms of
service and price competitive-
"The convenience of this
popular pharmacy in the down-
town area and its long-standing
service to customers on the
island was a big loss. Such a loss
placed a strain on the pharma-
ceutical services on the island
both in terms of volume and
pricing of drugs to local cus-
"Its return, we hope, will
relieve this strain and encour-
age competitiveness among
the pharmacies that will result
in better service and better
prices for customers through-
out the island of Grand
Mr Laing said he is confident
that LMR will thrive under the
direction of the Coopers.
"They are no strangers to this
community. They are experi-

enced and successful entrepre-
neurs in Grand Bahama.
Indeed, it is their business acu-
men that gives us great confi-
dence in the future prospects of
this enterprise.
"Of course, as a medical doc-
tor himself, Dr Cooper brings
an added level of expertise to

this endeavour that will no
doubt contribute to its success.
"It is our hope and expecta-
tion that this new beginning for
LMR Drugs Company Limited
will lead to a long existence foi
this business. As a wholl\
owned-Bahamian business. we
wish it much success." he said


(Poss11 ibllythI ems successful timesarein lo"n'a1
On Wek(3d nSep. da o ofr n ls
to DIS0I*\
Th prmn vrok n ftegl ore

Oct 95fr$1000 h we s prepae osell
fo 4,000

I 32 =68.


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needed to boost GB economy


PAGE 8, TUESDAY, AUGUST 21, 2007 21
_____ U'i

Jackie Moxey

murder case

finally coming

to court

FROM page one

Mr Ducille told The
Tribune yesterday that he
had not yet started seek-
ing bail for his client
when the court date was
Since the case will be
coming to the Supreme
Court two weeks from
now, Mr Ducille said that
there is little point in
applying for bail.
According to the court
documents, Hutchinson, a
46-year-old former police
officer of the Fox Dale
sub-division, is accused of
sometime between Octo-
ber 25 and October ?6
intentionally causing the
death of Jacqueline Mox-
Hutchinson, who was
not required to enter a
plea at the time, was
remanded to Her
Majesty's Fox Hill Prison.
The preliminary inquiry
held in this case deter-
mined that there was suf-
ficient evidence to have
the matter tried in the
Supreme Court.
Ms Moxey, 44 years old
at the time of her death,
died from injuries sus-
tained in an altercation
with a man known to
The softball star's fami-
ly, including her daughter,
attended Hutchinson's
hearing before Magistrate
Roger Gomez.
As Hutchinson was
being escorted out of the
court room, family mem-
bers broke down in a
grief-stricken frenzy.


FROM page one
"(The ministry of transport is) not
waiting for the plan because it's not
going to solve the endemic problems
that this system currently faces. We want
the plan to facilitate ai harmonious tran-
sition from what is in effect a horrifying
jitney experience for many people to a
safe public transportation system...but
it's not a panacea," said Mr lDeveaux.
Yesterday, controller Jack Thompson
said that the majority of the plan is
already under review by those within
the transport ministry, while the final
chapter should be complete within the
next two weeks. This follows statements
made last October in which he indicated
that the same plan was being "fine
"We want to study it and review it
very carefully so that we are satisfied
that it is something that's workable. It is

Man and woman arrested

FROM page one

to catch up with the suspect and ordered him to lie down on the
The man, a 23-year-old resident of Chippinghamn, complied
with the order and was taken into police custody.
A female friend of the suspect was also arrested after she
launched an attack on the officers.
A search of the ariea t turned up a .38 revolver, four live
rounds of ammunition and one spent cartridge.
Investigations into tilhe matter continue.
FROM page one Man in court

She was allegedly beaten
unconscious, knocked down,
dragged underneath a car for
approximately 800 feet and
left bleeding and naked in
the middle ot the road.
Wildgoose, who is report-
edly a former District Con-
stable with the Urban
Renewal Project, was not
required to plead to the
attempted murder charge.
He was informed by the
magistrate that a preliminary
inquiry will be held into the
matter to determine whether
there is sufficient evidence
for him to stand trial in the
Supreme Court.
The prosecutor, Sergeant
Alexander Bannister, object-
ed to bail being granted to
Wildgoose citing that the
severity of the victim's
injuries and medical reports
suggest that there is a possi-
bility she might die. Sergeant
Bannister told the court that
police are currently investi-
gating others matters rela-
tive to the accused, which

allegedly occurred prior to
and since the incident. Wild-
goose's attorney Bernard
Henfield told the court that
his client has no previous
convictions and is a Bahami-
an citizen, who is employed
and of good character. He
also pointed out that certain
restrictions can be in place
to ensure that Wildgoose
does not interfere with the
Magistrate Gomez noted
that since there is a possibil-
itv that the victim might die
Wildgoose would be
remanded to Her Majesty's
The case has been
adjourned to September 3
and transferred to Court 11.
Nassau Street. Magistrate
Gomez noted that at that
time an update on the vic-
tim's condition should be
made available and it will be
determined then whether
the accused should be grant-
ed bail.







w ;ii \
,, ,- I


Bus system
very important that the business plan is
workable and it is up to the level where
it is profitable," he said, adding that after
that a formal presentation will be made
to the minister "and the minister will
take it from there."
However, Mr Dl)eveaux said that
efforts can and are being made prior to
the plan's completion which will poten-
tially make the overhaul that will be
required as and when the Unified Bus
System comes into existence less drastic.
The system has been touted as a
means of bringing all bus operators
under one entity, in which both the gov-
ernment and the bus owners would have
equity, in a bid to end the lawlessness
and disregard for safety that has plagued
the industry.
"There's a lot that needs to be done

before the Unified Bus System sees the
light of day: rationalising the routes, pro-
viding some degree of uniformity and
unification to the system as it exists, fair
pricing for school students, old people
and people being able to buy monthly or
quarterly fair packages, keeping drivers
sober, keeping people on their routes,
scheduled stops -- there's a whole bunch
of things that could be done with those
things," he said.
Mr Deveaux said that these are areas
where he has been directing his attention
and he believes there has been some
"To that end we have seen some day-
light at least. Each week I can see move-
ment in the required legislation, regu-
lations and the staff requirements so that
when we make a move we can know that
we've done this, we've done the other,"
he said.
However. Mr Deveaux said that what

Bahamian students safe


FROM page one night as Hurricane Dean tore across the island's
southern coast, however, it was spared even
nbassy, depending on the country in which worse damage as the storm made a last-minute
ey are residing. change in its trajectory.
A database containing information about Both the Kingston and Montego Bay air-
e whereabouts of all Bahamian students will ports were expected to reopen for commer-
helpful in the event of future disasters, he cial flights late yesterday and the University of
id. the West Indies will resume classes on Thurs-
Jamaica sustained heavy damage on Sunday day.

FROM page one

to the Vegas-style hotel of
Atlantis on Paradise Island is
also a popular activity for cruis-
ers," the report said.
The top destination, St
Thomas, was said not to be a
surprising choice .
"One of the three United
States Virgin Islands, it has
mountains, beautiful country-
side, and gorgeous beaches. St.
Thomas'also has plenty of shore
activities for all ages and excep-
tional shopping," the report

Cruise ports
St Maarten, which was in sec-
ond place, have most of the
mega-ships cruising the eastern
Caribbean port at Philipsburg,
the capital of Dutch St.
Maarten, but some of the small-
er ships port at Marigot, the
French capital of St. Martin,
which has a smaller harbour. St.
Martin/St. Maarten has great
shopping, casinos, and good
"Some of the beaches on the
French St. Martin side of the
island are truly European, i.e.

FROM page one

been disenchanted with the Progressive Liberal
Party for some time and I think it came to head
during the nomination process with his party," the
source added.
The source believes Mr Adderley is "disen-
chanted" with the PLP because he was over-
looked by Perry Christie for a ministerial post.
He was also the last candidate to be nominated
by the PLP for the election and during the 2007
campaign the PLP "did not give him the support
on the ground during the election."
Yesterday, at his Gaming Board office on West
Bay Street. Mr Adderley appeared to evade the
press by choosing to enter the building through
the back door instead of using the main entrance
after it was apparently made clear by employees
that The Tribune was on the premises.
Messages left at his office throughout the day
by The Tribune were not returned up to press
Meanwhile. FNM officials continue to deny
reports that Mr Adderley will join their ranks.
"We have no knowledge at all, no idea what he
is contemplating. None whatsoever," said Johnley
Ferguson. FNM chairman. He said Mr Adder-
ley was continuing in his post simply because he
"has a contract that has not expired."
According to a Cabinet Office statement in
July, Mr Adderlev's contract will expire on
December 31. 2007. He was appointed chairman
of the Gaming Board on November 22, 2006, by

nudity is more prevalent. The
island also has some interesting
shore excursion activities such
as the America's Cup Regatta,"
the report said.
St Thomas 25 per cent
St Maarten 18 per cent
Grand Cayman 13 per cent
Aruba 12 per cent
Bahamas 8 per cent
Cozumel 8 per cent
Ocho Rios
(Jamaica) 8 per cent


4 per cent

Malcolm Adderley
the former administration.
"I don't know what will happen at the expira-
tion of his (contract)," Mr Ferguson added. "To
be honest with you, the party has not really
looked at that. Some people expect the FNM to
stop it (before it expires), some people expect
him to resign, (but) all of those are specula-
tions...but officially at the party level we have
had no discussion, we don't know what he is
thinking it's not our business."
However, some political insiders see Mr Adder-
ley's silence as an attempt to simply carry out
his job, and not a confirmation of political dissent
within the PLP.
Former independent MP for Bamboo Town,
Tennyson Wells, told The Tribune he had sever-
al "casual" conversations with Mr Adderley in
2005 about the possibility of a third political par-
ty in the Bahamas. According to the former politi-
cian, Mr Adderley "never made any serious com-
ment about (leaving the PLP)."
"Based on...just talking to him over the last
five years...1 got the clear impression that he did
not intend to leave (the PLP)," said Mr Wells.
He added: "I don't see the reason for any spec-
ulation about (Malcolm Adderley)," he said. "I
think he has served (well) as a chairman of the
Gaming Board and I think the prime minister
just decided to leave him there until his term
runs out just like all the rest...but I don't know, I
may be wrong."

VIN# FB14-517939

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he would really like to see is a more
"orderly routing system and more order-
ly adherence to the bus stops."
"The jitneys are better than taxis for
their passengers, they pick people up
and drop them off anywhere," said Mr
Deveaux of the unruliness which cur-
rently characterises the industry.
However, the minister said that while
more heavy-handed enforcement of cur-
rent legislation can play a role, it is up to
the individuals within the industry to
change their behaviour if any real
improvement is to be seen.
"There is legislation and there are des-
ignated bus stops but if the solution to
that is to hire more road traffic officers or
hire more police then we are far away
from any solution.
"If we can't govern that nuisance by
more appropriate civilised behaviour
then what is the Unified Bus System
going to do?" Mr Deveaux asked.

jtA Ang





Minister rolmises ID for orosoective home


builders seeking to buy govt land on Abaco

ABACO Housing and
c National Insurance Minister Ken-
neth Russell toured Abaco
I promising help to those wanting
to buy government-owned land
to build homes.
Mr Russell, who recently car-
ried out a fact-finding mission on
Grand Bahama and in New Prov-
idence, said his ministry, in con-
junction with the Ministry of
' Health, will also move ahead with
plans to build the long awaited
r mini-hospital in Marsh Harbour,
Mr Russell wound up his two-
day tour in Marsh Harbour say-
ing: "If it was up to the Free
National Movement, the clinic
would have been finished by now.
because we had all the drawings
and specifications done before
S "There is supposed to be .a
mini-hospital here on this site.
There is also supposed to be an
administrative complex here on
3 this site.
"I do not have any direction
yet as to when they will be done,
but my ministry is putting togeth-
er a list of buildings that NIB is
dealing with and I believe that.
once that is presented to the Gov-
ernment, the Cabinet, probably
in another two weeks or so, would
r at that time get instructions to
move forward on this site to build
the mini-hospital and the admin-
istration complex which are sore-
ly needed here in Marsh Har-
He said the site was chosen
because it was neatly positioned
at the southern end of the land


Plans for mini-hospital

will also 'move ahead'

which housing owns in Marsh
Harbour, a short distance from
their Central Pines Sub-division.
"Once this area is built up the
way we intend for it to be, then it
would be in the centre of what
will become the new Marsh Har-
bour. And we feel that putting it
on a proper highway, linking this
highway with the harbour and
with the S.C. Bootle Highway,
would cause this to become the
actual centre of town," he said.
Mr Russell was equally keen
on plans by government to pro-
vide land for prospective home-
builders in Abaco.
While visiting settlements in
the north, specifically Fox Town
and Crown Haven, he said that a
government owned sub-division
exists there but has not been
properly laid out.
"There is substantial acreage
of land here, enough for anyone
who lives in this area to purchase
land to build.
"Our goal is to further prop-
erly lay it out, put in the roads,
water and electricity and then
provide sale of land here for res-
idents in this area and indeed res-
idents of Abaco and anyone else
in The Bahamas who wants to
live in this northern end of Aba-
co." he said.

Mr Russell said that the
growth of Abaco is obvious and
that it continues to grow at a very
fast rate, thus the government has
to provide not just land but fully-
serviced lots, especially for the
young people who want to build.
He also noted that the fully-
serviced lots are expected to
include telephones and cable tele-
vision in addition to roads, water
and electricity.
He said it is important that,
when Bahamians buy land to
build their home, they have all
the comforts of life that exist in
parts of Abaco, New Providence
and in Grand Bahama.
Mr Russell was especially keen
on calling on young persons to
come forward and take advan-
tage of the opportunity, saying
that young people in the area
would have first priority.
"I hope that they will take
advantage of it because property
is a valuable asset to have and
the value of it keeps on growing
and growing," he said, adding that
the sub-division has good quality
The minister also said it is not
the intention of his ministry to
construct any homes in Abaco.
He said that could happen only if
persons come forward and want

the Ministry of Housing's houses.
"We are not going to take a
sub-division in Abaco and just
build houses for sale, because
Abaconians have a different
mindset from most in The
Bahamas. They believe in build-
ing it bigger and better and they

have the ability to do that on their
own. They have the ability to
afford to do it with the money
that they earn here in Abaco.
"So we have decided that in
Abaco, Abaconians have a choice
as to whether they want to build
their own homes or whether they
want government-built homes.
"And, if they want the gov-
ernment-built homes, then we will
build that home for them. But at
the beginning the policy here for
Abaco is to allow Abaconians to
do it their way," he said.
The minister said his message
is being sent not only to potential
home-owners and young people
in North Abaco, but in Cooper's
Town, Marsh Harbour and Sandy
Point areas, where the govern-
ment has sub-divisions.
He said: "The whole of Abaco
will have the opportunity to build
and stay right where they were
Mr Russell also said that a sim-
ilar programme will be carried
out in the rest of the Bahamas
and that they also expect to con-

tinue with the housing pro-
gramme for New Providence.
He said the government's nev
thrust in housing is to build ener
gy-efficient and structurally sound
homes, that are quick to construc-
with new methods of construc-
tion and "one that is substantial-
ly priced less than what we arc
doing now."
The minister added: "As the
conventional building supplies
prices go up, we have to find new
ways to cater to persons who arn
at low and middle income, and t
believe that we have found th,_
"It is just a matter now of doing
the test we have to do, doing the
visual inspections that we need
to do and then present that to
government first of all, and then
to the people. .
"I believe the people would
accept it. I believe that it will be a
marked difference and improve-
ment in the way we build houses
now, not just government, but the
way The Bahamas builds houses
now," he said.

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Ministry of Works & Transport



The public is advised that the Ministry of Works & Transport has scheduled a
series of Town Meetings for August 22, and 23, 2007 respectively, at the Saint
Paul's Church Hall, Lyford Cay from 6:30pm to 9:00pm.

The purpose of the meetings 'arb to discuss the proposed Albany and South
Ocean projects as well as the intended diversion of the Southwest Bay Street

The Ministry further wishes to advise residents of the Adelaide, Mount Pleasant,
and Gambier communities that transportation to the meetings will be provided by
Strachan's Bus Service, commencing at 5:30pm from the Bus Stop at Adelaide;
from the Mount Pleasant's Bus Stop at 5:45pm and from the Bus Stop in
Gambier at 6:00pm.

Refreshments will be served at the conclusion of each meeting.

Colin Higgs (Mr.)

.fl" *




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.T I ... ', o i ,1,2007, PAGE 11

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Effective September 19th,
each GSM postpaid
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u rrin rnm



business@tribuneiedii.iet Miami Herald Business, Stocks, Analysis, Wall Street


economy going





Tribune Business Reporter
T he Bahamas has
received a glowing eval-
uation from the Com-
monwealth Business
Council's Survey 211'C
report, which said that this country's
economy is going strong and has
gained impetus from foreign direct
On the eve of a meeting with
Deputy Prime Minister and Minister
of Foreign Affairs Brent Symonette,
Dr Mohan Kaul, Commonwealth
Business Council director general,
said: "The Bahamas is a fine example
of how the government can make a
positive impact on the economy by
introducing policies that are invef'or
"We appreciate the work done so
far and are glad to say that the econ-
omy will go from strength to strength.
The Bahamas is an example to be
emulated by other Commonwealth
Results from the soon to be

Nation gets 'glowing evaluation' from Commonwealth Business Council

released CBC Business Environment
Survey 2007 portray stronger confi-
dence in the business environment
compared with 2005. Interestingly,
the most improved factors are within
the business enablers and policy
It also revealed that Bahamian par-
ticipants, including big and small com-
panies, expressed keen satisfaction
with the government's new policies
providing concessions to foreign
"These introductions have led to
more business and job creation and
more foreign direct investment. It is
worth noting that the future outlook is
considered better than in previous
"The areas which need some focus
are free media, efficient administra-
tion, effective government, stable
financial framework and business
friendly tax policies."

The report c1
said that a very
high number of
economic indica-
tors in the sur-
vey ranked bet- s
ter than the 2005 ,
"In two years,
the government
has done a bril-
liant job of bet-
tering policies
and making the M SYMONETTE
investment cli-
mate more conducive for business."
Respondents were of the opinion
that public administration could be a
bit more transparent. "Like many oth-
er countries in the Commonwealth,
the Bahamas also is facing a gap
between labour market requirements
and provision of education system." it

The report adds that participants
ranked the human resource policy
and competition higher in 2007 than
in 2005.
"However, the belief is that it could
be improved even more. Competition
policy is much improved, but there
were perceptions that some sectors
are protected from competition by
the authorities and that unregulated
government monopolies were stifling
"Overall, the business environment
in The Bahamas has been strength-
ening and the changes made, particu-
larly on business enablers and policy
frameworks, are impacting economic
growth positively."
Based on the report, the CBC had
the following recommendations:
Enhance efficiency and trans-
parency in government, public admin-
istration and the justice system
Streamline business regulation,

competition policy and the taxation
Improve education and technical
training *
Develop further infrastructure
and provide sufficient funding to the
new Department of Environmental
Improve government-business
relations, including better consulta-
tion mechanisms
The areas surveyed: openness and
accountability, business enablers and
outlook and policy framework.
There were 33 countries surveyed
in 2007, 32 countries in 2005, and 31
countries in 2003.
Dr Kaul is to meet Mr Symonette
tomorrow to exchange business ideas
and brief him about the biennial
Commonwealth Business Forum
(CBF) to be held alongside the Com-
monwealth Heads of Government
meeting in Kampala in November.

Carnival Cruise Lines to Value of undeveloped real estate has increased more

expand Miami service in a year than in past 10 years, says Nassau broker +

Tribune Business
CARNIVAL Cruise Lines is
to expand its short cruise ser-
vice from Miami with new itin-
eraries increasing passenger
arrivals to the Bahamas.
In a press release, Carnival
announced new itineraries for
its 2,052-passenger Carnival
Imagination and its 2,642-pas-
senger Carnival Destiny begin-
ning next fall.
Both have Bahamian desti-
nations on their new itineraries.
Carnival Imagination's new
cruise service will begin four-
and five-day schedules begin-
ning September 27, 2008, as the
101,353-ton Carnival Destiny
will depart Thursdays on four-
day "long weekend" cruises to
Key West, Florida, and
Cozumel, Mexico. Carnival
Destiny's new five-day cruises,
departing Mondays, will visit
the private Bahamian island of
Half Moon Cay and Nassau as
well as Grand Turk, Turks and
Caicos Islands. Five-day cruises
departing Saturdays visit
George Town, Grand Cayman,
and Ocho Rios, Jamaica.
Carnival Destiny will also
offer a special one-time six-day

cruise from Miami on Septem-
ber 21, 2008, calling at Key
West, Grand Cayman. and
Ocho Rios. Three-day cruises
depart Fridays and overnight in
Nassau, and four-day cruises
depart Mondays and call at Key
West and Cozumel, Mexico.
The 70,000-ton Carnival
Imagination which will
become the first Carnival ship
to be completely remodelled
under the line's "Evolutions of
Fun" enhancement programme
this fall will sail on year-round
three- and four-day cruises from
Miami beginning September 22,
Additionally, the Carnival
Destiny will be the industry's
only 100,000-plus-ton cruise ship
to offer year-round four- and
five-day cruises when it launch-
es this programme from Miami
on September 27, 2008. This
101,353-ton "Fun Ship" will
offer a one-of-a-kind vacation
experience'that will include
four-day weekend cruises and
five-day trips to exciting desti-
In addition to this, Carnival
Destiny will offer a wide selec-"
tion of affordable balcony state-
rooms, a feature not widely


THE value of undeveloped real estate in
The Bahamas has increased more in one
year than it has in the past 10 years,
according to one prominent Nassau broker
and agent.
Because of that, people who own Nas-
sau East, Seabreeze and Sans Souci lots
and haven't had their property appraised
in a while should consider doing so. said
Rachel Pinder. a BREA-licensed bro-
ker/appraiser who is principal broker for
Island Living Real Estate.
"If you own a lot, particularly in these
areas; you might be in for a pleasant sur-
prise when you have it appraised," Ms

Pinder said.
"Land is so scarce in the east that values
are increasing because there just is not
much left."
A lot in Seabreeze valued at $75,000 to
$80,000 a year ago is commanding $95,000
to $100,000 now, said Ms Pinder, a realtor
who is also a sales and leasing broker.
Appraisals are helpful for a couple of
reasons, she said. It is good to know the
value of property for insurance purposes.
Typically, having an appraisal done at
least every five years ensures that proper-
ty owners carry an appropriate level of
insurance, based on whether the property

appreciates or depreciates.
However, with so many people wanting
to build rather than buy their first home,
the value of vacant lots in areas where
land is scarce have increased at a faster
rate in the past year, Ms Pinder said.
In those areas, property owners might
consider having an appraisal done every
one to two years.
Appraisals are also necessary for people
looking to sell or lease out their property,
Ms Pinder said.
Property owners seeking appraisal ser-
vices should look for a qualified, certified
BREA appraiser, she said.


Tel: (242) 356-7764

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Notice is hereby given in accordance with Section 137 (4) of the International Business
Companies Act 2000 that Energy Explorer Limited is in dissolution.

The date of commencement of dissolution was the 8) day of August, 2007.

The Joint Liquidators are Mr. Juan M. Lopez and Mr. Simon J.S. Townend, PO Box N-123,
Montague Sterling Centre, Nassau, Bahamas.

All persons having claims against the above-named Company are required on or before the
21t* day of September, 2007 to send their names and addresses and particulars of their
debts or claims to the Joint Liquidators of the Company, or in default thereof they may be
excluded from the benefit of any distribution made before such debts are proved.
Dated the 21"t day of August, 2007

Mr. Juan M. Lopez Mr. Simon J.S. Townend
Joint Liquidator Joint Liquidator

A multi facetted communications/consulting company that is
currently undergoing market expansion wishes to employ
experienced commission sales executive. The ideal person
would have a minimum of three years in commission sales;
have their own private vehicle. We are looking for excellent
communicators that are driven. Candidates must have computer
skills and be able prepare public presentations on behalf of
companies clients.

A degree in marketing or business is preferred but not a must.

Persons interested should submit CV's and reference letters to:

P.O. Box N-3207
Nassau, Bahamas
by August 30, 2007.

Markets rise on

momentum of Fed

rate cut for banks

AP Business Writer
LONDON (AP) Global
markets rebounded yesterday,
taking their cue from Wall
Street's recovery late last week
after the Federal Reserve cut a
key interest rate.
In Europe, the major index-
es built on their gains from Fri-
day. The UK's FTSE-100
Index rose 1.1 per cent to
6,130.90. France's CAC 40
gained 1.4 per cent to 5,440.01
and Germany's DAX
advanced 0.5 per cent to
The Dow Jones industrial
average rose 32.51 to 13,111.59
in early trading.
The Nikkei 225 closed the
day up three per cent at
15,732.48 points on the Tokyo
Stock Exchange, recouping
more than half of the 5.42 per
cent nose-dive racked up Fri-
day its largest single-day
point loss since April 2000.
Traders and investors wel-
comed the Fed's move Friday
to cut its key discount rate a
half percentage point to 5.75
per cent. The Dow Jones
industrial average surged 1.8
per cent, and European index-
es in the UK, France and Ger-
many rose as well.
Other major central banks
including the European Cen-
tral Bank have also injected
billions of dollars this month
in actions to steady nervous
On Monday, the Bank of
Japan injected one trillion yen

($8.8 billion) into money mar-
kets hoping to curb rises in key
interest rates the latest in a
series of infusions that began
August 9. The Reserve Bank
of Australia as well bought
3.34 billion Australian dollars
($2.7 billion) of short-term
Analysts said it's too early
to say whether the worst is
over. Stock markets around
the world have been on a skid
since the US subprime mort-
gage mess surfaced last month
and spread.
"After a turbulent time for
global equities last week...the
markets appear to have
regained some stability this
morning," said Victoria Sav-
age, a trader at CMC Markets
in London.
But Patrick Mohr, strategist
at Nikko Citigroup Ltd., a unit
of Citigroup Inc., said the ram-
pant nervousness means just
about anything could send
share prices falling.
"And we probably haven't
seen the end of the bad news in
subprime," he told Dow Jones
US stock futures were nar-
rowly higher Monday as
investors tried to assess
whether the Federal Reserve
will act again on interest rates.
Other global markets recov-
ered, as the Fed's move was
viewed as a sign the US was
concerned enough to act on
recent market volatility.
Australia's benchmark had
its biggest one-day gain in
almost a decade as the bench-

mark S&P/ASX 200 surged 4.6
per cent. Benchmark indexes
also bounced back 5.9 per cent
in Hong Kong, 5.7 per cent in
South Korea and 5.3 per cent
in Taiwan. The Shanghai Com-
posite Index gained 5.3 per
cent, and Singapore's Straits
Times Index gained 6.1 per
Michael Kurtz, a strategist
at Bear Stearns Asia Ltd., said
any sign of danger in the US
economy is likely to rattle
Asian markets further.
"Although Asian institutions
appear in aggregate to have
minimal direct exposure to US
subprime credit instruments,
we think the region does
remain hostage to any poten-
tial US real-sector downside
should US mortgage problems
magnify," he said in a report.
Japanese shares have been
hurt even further by a weak-
ening dollar that followed the
subprime mortgage crisis.
Many top Japanese companies
are exporters that had been
receiving a critical lift from a
weak yen.
Among recovering export
Tokyo issues were Toyota
Motor Corp., which rose 4.2
per cent, and Canon, which
climbed 7.6 per cent. Sony
Corp., another company large-
ly dependent on exports and
overseas earnings, gained 3.2
per cent.

AP Business Writer Yuri
Kageyama in Tokyo con-
tributed to this report.

CARNIVAL, from page 1

available on other ships in the
short cruise market.
These new deployments rep-
resent the latest enhancements
to Carnival's highly popular
three- to five-day cruises, which
comprise roughly half of the
line's departures.
"With an unmatched combi-

nation of convenience, value
and affordability and more
departure points than ever
before our three- to five-day
cruises continue to be in high
demand," said Vicki Freed,
Carnival's senior vice-president
of sales and marketing.
"'Fun Ship' cruising is all

about choice and Carnival Des-
tiny and Carnival Imagination
- each of which offers unique
on-board facilities and features
- provides today's busy con-
sumers with exciting new cruise
getaways on two popular Mia-
mi-based cruise programmes,"
she added.

i -'*' .. 4,, l
Mr. Culmer (right) receives his Gift Certificate for $4,000 from
Mrs. Geraldine Sands (left) Branch Manager, Wulff Rd. & Jerome Ave.

Mr. Culmer Saved With Scotiabank And Won


In Scotiabank's "Imagine Life With a Lot More Money," campaign.

Life. Money. Balance both:

"Trademarks of The Bank of Nova Scotia. Trademarks used under authorization and control of The Bank of Nova Scotia. Conditions
apply. Full contest rules and regulations are available in the branch Please ask for a brochure

The Office Assistant works closely with the Office Manager, and
other staff to ensure the smooth operation of the BNT Head Office.
The successful candidate will be responsible for telephone and
public reception and various administrative duties and office
support tasks including maintaining office equipment, organizing
and maintaining files and records.

* First "point of contact" by greeting visitors and managing
office reception.
* Process all incoming and outgoing mail.
* Maintain office equipment including copier, fax, printers,
and mail equipment and related supplies. May oversee the
inventory and requesting of office supplies.
* Work in cooperation with the Office Manager to manage use
of office space. Ensure that the copy room, supply closet,
kitchen area, conference room and reception area are orderly
and neat.
* Make all necessary travel arrangements for local and visiting
* Organize internal and external meetings as required.
* Maintain Executive Director's calendar.
* Maintain office files.
* Assist with projects and special events as needed.

* Associates degree or 2 to 3 years of related experience or High *
school diploma plus 3 to 5 years related experience or
equivalent combination.
* Excellent organizational and administrative skills required.
* Strong computer skills (word processing, spreadsheets).
* Working familiarity with Windows and the Microsoft Office
Suite applications.
* Accuracy and attention to detail essential; ability to set
priorities, organize time efficiently, and work independently
on several tasks at once.
* Strong communication skills and the ability to work well with
a variety of people. Ability to work under pressure and perform
as a team player. Flexible and able to adapt to changing office
situations and procedures.

To apply send cover letter, resume, two references to:

Deadline: August 31, 2007






i M ih iami H ral TUESDAY, AUGUST 21, 2007


DOW 30 13,121.35 ,+42.27 A F
S&P50045 AFed Home Loan Bank opens cai
NASDAQ 2,508.59 +3.56 A
10-YR NOTE 4.63 -.05 V BY MARCY GORDON underwriting guidelines and have far prise Oversight, chief regulator for
Associated Press fewer of the subprime mortgages that the two companies.
SHINGA'TTOTNrfTh- 'TAATh'L,. Fd.. l tritycr.... d-, nq Ai defu.lt -a d fore- FHLB members in recent weeks



most see


Associated Press .
closed mostly higher Monday as
investors appeared relieved that
little bad news emerged about
risky mortgages and shrinking
credit markets. Still, many on
Wall Street were still seeking
safety, and pressed into shorter-
term Treasurys.
The market endured back-
and-forth trading following a
rally Friday that came in
response to the Federal
Reserve's decision to lower its
discount rate. The Fed said at
the time it stood ready to make
further moves to keep credit
and stock market losses from
hurting the economy, but
because it stopped short of a cut
in the more important federal
funds rate, uncertainty lingered
on Wall Street Monday about
policymakers' intentions. The
Fed is not scheduled to meet
formally until Sept. 18, which
means investors could remain
jittery until then.
Treasury bonds, which have
rallied in recent weeks as inves-
tors fled to safe-haven securi-
ties, continued their move
higher.Monday. Because bond
prices move opposite their
yields, the yields on the bench-
mark 10-year Treasury note fell
to 4.63 percent from 4.68 late
Friday, while the shorter-dura-
tion notes saw yields fall
sharply as some investors
wagered that the Fed might be
forced to lower interest rates
and therefore avoided longer-
duration notes.
The Dow Jones industrials
finished up 42.27, or 0.32 per-
cent, at 13,121.35, after seeing
100-point swings higher and
Broader indexes were mixed.
The Standard & Poor's 500
index slipped 0.39, or 0.03 per-
cent, to 1,445.55; the Nasdaq
composite index rose 3.56, or
0.14 percent, to 2,508.59.
While Wall Street largely
shrugged off layoffs at Country-
wide Financial and a big sale of
more liquid investments at
Thornburg Mortgage, stocks
could face pressure Tuesday
following word that Capital One
Financial plans to close its
wholesale mortgage business
and book charges of $860 mil-
lion in charges in 2007. The
company, which also slashed its
profit forecast, made the
announcement after the closing
bell .
Light, sweet crude fell
86 cents to $71.12 on the New
York Mercantile Exchange.
Investors have been wary as
Hurricane Dean has moved
toward Mexico, where major oil
companies have already begun
battening down oil rigs in the
Gulf of Mexico.
The dollar was mixed against
major currencies, while gold
prices rose.
Advancing issues out-
weighed decliners by about 3 to
2 on the New York Stock
Exchange, where consolidated
volume fell to 3.3 billion shares
from a heavy 5.01 billion shares
traded Friday.
The Russell 2000 index of
smaller companies rose 1.42, or
0.18 percent, to 787.45.
Overseas, Britain's FTSE 100
rose 0.24 percent, Germany's
DAX index gained 0.40 percent,
and France's CAC-40 rose
0.67 percent. In Asia, Japan's
Nikkei stock average closed up
3 percent. Hong Kong's Hang
Seng Index rose 5.93 percent,
while the often-volatile Shang-
hai Composite Exchange surged
5.33 percent.

Home Loan Bank system has
increased low-cost lending to finan-
cial institutions in an effort to bolster
credit stability.
As the housing crisis worsens and
the Federal Reserve has swooped
into the market to ensure liquidity,
the 12 regional banks are making
more cash available to banks and
thrifts that make mortgage loans.
Created by Congress during the
Depression, the self-funded home
loan bank system has some 8,100
members around the country: banks,
savings and loans, and credit unions,
predominantly small community
lenders. Eight of every 10 U.S. finan-
cial institution belongs to the home
loan bank system, a big player in the
$8 trillion home-mortgage market.
Because members are govern-
ment-insured deposit takers, they are
subject to federal regulation and

triggered panic as nteauns aiore-
closures in that sector surged,
experts say.
The credit problems have spread
though in recent weeks to the
broader mortgage market, making
investors nervous about nearly all
types of home loans.
The role of the little-noticed web
of 12 federal home loan banks has
taken on increased significance
because Washington is not in favor of
allowing mortgage giants Fannie Mae
and Freddie Mac to increase their
debt burden until they are under
tighter government supervision.
"The powers that be would defi-
nitely prefer" the Fed's market inter-
vention and the home loan bank sys-
tem's stepped-up advances to a
raising of the mandated investment
caps for Fannie and Freddie, said
Armando Falcon, a former director of
the Office of Federal Housing Enter-

have increased requests for loans,
known as advances, from the home
loan bank system. The increase in the
loans, backed by the mortgages held
by the member institutions, has been
notable at the Atlanta bank, for exam-
ple, which loaned about $7 billion to
members so far this month, a 6.5 per-
cent increase from the start of August
and in contrast to a 3 percent rise
during the 12 months ended June 30.
The Atlanta region members
include thrift Countrywide Bank, a
subsidiary of the nation's largest
mortgage lender, Countrywide
Financial. The parent was forced to
borrow $11.5 billion last Thursday
from a group of banks so it could con-
tinue making home loans, and most
of the company's home-mortgage
business has been transferred to sav-
ings and loan.
"We have seen an increased


SALES SPARK? Chevrolet executives hope the 2008 Malibu will help the firm recover some of the
mid-size car market that it has lost to Asian competitors since 1990, when Detroit held 70 percent.



Associated Press
DETROIT Just a few miles
from Toyota's U.S. sales and mar-
keting headquarters, George Tas-
ker hasn't had much luck selling
mid-sized Chevrolets against Toyo-
ta's Camry, the most popular car in
America. But Tasker, the top sales-
man at Martin Chevrolet in Tor-
rance, Calif., is looking forward to
November when the new Malibu
arrives in his showroom.
"It's been difficult for a while,"
said Tasker, whose dealership near
Los Angeles is in the middle of a
market that's a Japanese strong-
hold. "We look forward to the bat-
tle, actually, with a product that we
feel is going to be strongly competi-
tive with their vehicle."
The sleek-looking Malibu is a
critical product for General Motors
as U.S. automakers try to woo back
customers they lost by neglecting
the mid-sized car category and
focusing too much on high-profit
trucks and sport utility vehicles.
The Malibu and the new 2008
Honda Accord are signs of
renewed competition in the largest
segment of the U.S. car market.
That means consumers will see
more standard features, higher
quality cars, stable if not falling
prices, and models coming out at a
faster pace, said Erich Merkle, vice
president of forecasting for auto
consulting company IRN in Grand
"They're all trying to pack them
with features," he said. "It's incred-
ibly competitive. That competition
is just providing greater value to
the consumer. Over the next two
years, you're going to be getting
more for less."
To Merkle and others, the Mal-
ibu is Detroit's best shot at busting
up control of the mid-sized seg-
ment mostly controlled by Toyota
and Honda. The new car has a

Tasker hopes
the Malibu,
which arrives
in November,
well help him
compete with


modern, rounded look and an array
of engines and transmissions that
GM says are far smoother than the
Camry's with comparable or better
fuel economy.
"We simply see it as the best
chance we've had in years to take
on the two dominant Asian play-
ers," Bob Lutz, GM's vice chairman
of global product development,
said in an e-mail. "It's the best mid-
market front-wheel-drive we've
ever done."
It wasn't that long ago that
Detroit dominated in mid-sized
cars. In 1990, U.S.-based automak-
ers controlled almost 70 percent of
the market, thanks in large part to
the popularity of the Ford Taurus,
according to data collected by
Ward's Automotive Group. But
since then, Honda, Toyota and Nis-
san have gradually increased mar-
ket share, overtaking the Detroit
Three in 2005 with 47 percent of
the market. Detroit's share dropped
to just under 45 percent that year
and has continued to decline.
The Camry became the top-sell-
ing car in the U.S. in 1997 and has
held the honor every year since
except for 2001, when Honda's
Accord was the winner. The last
U.S.-brand car to win the segment

was the Taurus in 1996.
U.S. consumers love the Camry,
buying 448,445 of them last year
and 282,044 through July of this
year due largely to its reputation
for quality and reliability.
tThe Camry, revamped for the
2007 model year, controls more
than 16 percent of the mid-sized
U.S. car market, according to
Ward's. The Accord is second with
354,441 sales last year .and 219,488
through July of this year for about
13 percent of the market. The Chev-
rolet Impala is the top-selling mid-
sized car from the Detroit Three
with 289,868 sold last year and
201,612 sales through July of this
year. In contrast, only 163,853 Mali-
bus were sold last year and 76,816
so far this year.
"The current generation Malibu
isn't really a handsome-looking
vehicle," said Merkle. He doesn't
think the new version will be able
to lure many buyers from the Japa-
nese. The likely losers are the
Chrysler Sebring and Dodge
Avenger, he said.
The Detroit Three have to over-
come quality problems of the past
that have turned people off to their
brands and sent them to the Japa-
nese, said Merkle.

sh spigots

demand from members," said Chris
McEntee, a spokesman for the
Atlanta regional bank.
Like Fannie and Freddie, the fed-
eral home loan banks are govern-
ment-chartered enterprises, benefit-
ing from the widespread assumption
on Wall Street that the federal gov-
ernment would bail them out in the
event of a crisis.
That implicit backing enables the
home loan banks as a group as well as
the two publicly traded companies to
. borrow cheaply on global markets by
issuing hundreds of billions of dollars
in top-rated securities backed by
The collective financial clout can
be a double-edged sword, however,
some critics say. "Unless you have
prudent practices at each of the
banks, you could have massive prob-
lems," said former Rep. Jim Leach, an
Iowa Republican who headed the
House Financial Services Committee
from 1995-200L



drops its




Associated Press
,...NEW YORK.- J a.d q S
Market said Monday If has fiIn 'y
abandoned hopes to acquire the Lon-
don Stock Exchange, and it will sell
its 31 percent in the U.K. market to
focus on a takeover battle for Swe-
den's OMX.
The second-largest U.S. stock
exchange had made two attempts to
buy the LSE in as many years, each'
time being soundly rejected by share -
holders. Nasdaq executives ''el'
maintained they were not interested
in selling their stake, hoping that an
agreement could be worked out
Robert Greifeld, Nasdaq's chief
executive, said he would use the sale
to unlock billions of dollars from the
stake. At least $1 billion of the pro-
ceeds would be used to retire debt
and buy back shares, but some of the
cash would likely be pumped into
Nasdaq's takeover battle with Borse
Dubai to acquire Stockholm-based
"We see that the European com-
petitive landscape will change, and
change quite dramatically in the
years to come," Greifeld toldsaid. He
said the LSE stock price does not ade-
quately reflect the true value of the
A spokesman for the LSE would
not comment on Nasdaq's decision.
Greifeld, in Sweden this week to
meet with OMX management and
shareholders, hinted there could be a
strategic reason for dumping the
shares. Nasdaq has not ruled out par-
ticipating in a bid by seven invest-
ment banks, including Goldman
Sachs Group and Citigroup, to build a
rival European stock-trading plat-
form called "Project Turquoise."
Nasdaq and OMX could use their
technology to help the banks estab-
lish the platform, thereby challenging
the market dominance of the LSE,
Germany's Deutsche Bourse and the
New York Stock Exchange.
The sale of LSE shares will not go
to a single bidder, or a group of bid-
ders "acting in concert," the Nasdaq
said. The London exchange has
attracted interest from around the
globe including bids by both
Deutsche Bourse and OMX.
Greifeld said Nasdaq would be
willing to amend an offer to acquire
OMX, but warned it would "maintain
our merger and acquisition discipline
with respect to both the price and
terms of our offer." Dubai's $3.96 bil-
lion hostile bid is about $355 million
more than the Nasdaq's offer.
Nasdaq fell 23 cents to close at
$31.52. LSE rose 2.4 percent to finish
at 1,301 pence in London trading,
while OMX rose 2.2 percent to
237 kronor.


~I_~~ _~~



Il .1 __ 11_-e- ~--an~n~--ll*r~nfflm~r.~TT~

r r

* 1 -/- r

MiamiHerald.com I THE MIAMI HERALD I


S&P 5039 S +3.56 13 W +42.27 30-YR T-BO-.0 CRUDE -.86 6-MO T-BILLS +.03 URO .0006 GOLD -.20
1,445.55 -.3 2,508.59 .3L5 13,121.35 4.96% $71.12 4.21% 1.3481 $656.70


2,800 2,640

2,700 2,480
2,600 -



SS&P 500 2,400
Close: 1,445.55
: Change: -0.39 (Flat)
...... ... 2,300


Vol. (in mil.) 3,298 1,644
Pvs. Volume 5,010 2,521
Advanced 2014 1567
Declined 1323 1483
New Highs 9 18
New Lows 54 86

DOW 13181.66 12982.75
DOW Trans. 4870.51 4767.51
DOW Util. 489.92 481.19
NYSE Comp. 9361.44 9225.24
NASDAQ 2516.31 2487.44
S&P 500 1451.75 1430.54
S&P 400 845.76 832.82
Russell 2000 791.74 778.58
Wilshire 5000 14599.67 14394.72

Name Last Chg Name Last Chd
ABB Ltd 22.39 +.40 BlockHR 19.20 -.09
ABN Amro 45.92 +.62 Boeing 97.21 +1.28
ACE Ltd 58.36 +.86 BostProp 100.93 +3.32
AES Corp 18.40 BostonSci 12.23 -.29
AFLAC 52.93 -.19 BrMySq 28.12 +.46
ASML HId 27.46 +.78 BritATob 64.40 +.32

AT&T Inc 38.65 -.40
AU Optron 14.91 +.14
AXA 39.62 +.12
AbtLab 52.39 -.34
AberFitc 78.10 +1.81
Accenture 39.60 +.80
AdobeSy 40.74 +.42
AMD 12.10 +.21
Advantst rs 38.26 -.53
Aegon 17.91 -.03
Aetna 48.76 -.28
Agilent 33.60 -.23
Ahold 12.22 +.20
AFrance 36.84 -.74
AirProd 86.20 +1.20
Akzo 72.94 +1.59
Alcan 95.37 +.72
AlcatelLuc 10.68 +.13
Alcoa 34.32 +1.03
Alcon 135.19 -1.00
AlgEngy 51.14 -.36
AllegTch 94.07 +1.87
Allergan s 60.32 +1.46
AlliData 74.14 +1.24
AlliBern 80.67 "-.34
Allianz 21.53 +.02
Aldlrish 51.08 -.24
Allstate 55.34 -1.07
AIltel 66.39 -.06
AlteraCp If 22.93 -.04
Altria s 67.00 -.59
Alumina 20.99 +1.32
AIChina s 40.42 +1.87
AmBevC 58.75 +1.83
AmBev 62.23 +3.00
Amazon 74.70 -.32
AmbacF 65.50 -.92
Amdocs 33.79 -.90
Ameren 50.25 -.11
AMovilL 56.89 -1.17
AMovilA '57.11) -.55
AmCapStr 39.56 -.87
AEP 46.30 -.17
AmExp 58.68 -.21
AmIntGp If 65.75 -.21
AREst 107.06 +1.42
AmStand s 34.69 +1.29
AmTower 38.84 -.79
Ameriprise 58.20 -.24
AmeriBrg 46.08 -.07
Amgen 49.79 -.29
Amphenol s 33.95 -.25
Amylin 49.14 -.06
Anadarko 48.54 -.01
AnalogDev 38.16 +.40
AngloAm 25.98 +.20
AnglogldA 35.99 -.12
Anheusr 47.85 +.60
Aon Corp 43.28 -.09
Apache 76.04 -.67
ApolloGrp 55.26 -.52
Apple Inc 122.22 +.16
ApplBio 31.32
ApldMatl 20.94 +.14
ArcelorMit 56.52 +1.19
ArchDan 32.45 -.20
ArchstnSm 57.21 -.20
Assurant 51.58 +.72
AstraZen 46.98 +.48
Autodesk 46.45 +1.55
AutoData 46.83 -.21
AutoZone 118.75 +.58
AvalonBay 115.52 +1.88
Avaya 16.48 +.23
AveryD 57.76 +.58
Avnet 38.80 -.26
Avon 34.43 +.25
BASF 122.70 +.70
BB&T Cp 39.90 -.95
BCE g 37.01 +.62
BG Grp 73.46 +.82
BHP BillLt 56.52 +1.72
BHPBil plc 51.37 +.92
BJ Svcs 24.85 -.17
BMC Sft 28.83 -.16
BP PLC 64.60 +.02
BT Grp 61.25 -.07
BakrHu 78.80 +.19
BcBilVArg 22.85 -.26
BcBrades s 22.98 +.12
Bhcoltau 39.53 +.57
BcoSnCH 18.15 -.25
BcSanChile 43.52 +.99
BkofAm 51.35 -.41
Bklrelnd 73.43 +.94
BkMont g 61.50 -.89
BkNYMel 42.57 -.87
BkNova g 47.13 +.20
Barclay 50.40 -.25
Bard 81.18 +.58
BarrPhm 53.57 +.90
BarrickG 31.87 +1.35
Baxter 50.16 -.73
BayerAG 73.88 +.47
BearSt 116.30 -1.90
BectDck 77.27 +.38
BedBath 33.85 -.40
BerkHa A 120700 +2200
BerkH B 3962 +14
BestBuy 43.87 +.20
Biogenldc 59.96 -.24
Biomet 45.68 +.08
BlackD 88.32 +.33
BlackRock 158.10 -3.15
BIEnhGvIn 18.03 +.04
BlkFItRtInc 16.64 +.09

Name Last Chg
BCE Inc 39.07 +.47
LaramideReso 5.76 +.11
GoldenStar 3.13 -.05
BombdrBSV 5.42 +.04
BkMontreal 64.78 -1.51
Crystallexo 3.10 +.31
TaheraDmndo .35
CamecoCorp 39.25 +.56

BritSky 51.89 -.09
Broadcom 33.89 -.52
BrkfldAs gs 34.49 +.50
BrkfldPr 23.42 +.42
BungeLt 84.20 +1.07
BurlNSF 81.58 +2.02
CA Inc 24.15 +.42
CB REIlis 28.45 +.15
CBS B 30.45 +.20
CDW Corp 84.55 +.80
CGG Verit 46.10 +.43
CH Robins 48.21 -.06
CIGNA s 48.75 +1.10
CIT Gp 34.03 -.77
CME Grp 537.62 -6.23
CNA Fn 42.30 -1.08
CNH Gbl 47.19 +.60
CNOOC 104.22 +1.64
CPFL En 49.02 +1.72
CRH 41.19 -.53
CSX 43.15 +1.60
CVS Care 36.59 -.23
CablvsnNY 32.36 -.09
CadbyS 44.20 -.20
Cameco gs 37.29 +.84
Cameron 73.38 +1.68
CampSp 35.88 -.54
CIBC g 87.84 +1.24
CdnNRy g 50.22 +.60
CdnNRs g 64.59 -.11
CP Rwy g 66.67 +.87
Canon s 51.00 +1.31
CapOne 66.72 -2.03
CardnlHIth 69.25 +.04
Carnival 44.53 -.57
CarnUK 43.46 -.33
CarolinaGp 73.05 +.06
Caterpillar 74.05 +1.41
Celgene 58.71 -.56
Cemex 29.93 -.10
Cemig pfs 17.52 +.14
ChesEng 33.03 -.52
Chevron 84.89 +.53
ChinaLfes .58.86, +2.26
ChinaMble 56.34 +1.23
ChinaNet 46.60 -1.51
ChinaPet 93.52 +.08
ChinaTel 52.45 +1.04
ChinaUni 15.59 +.06
Chubb 50.69 -.66
ChungTel 16.12 +.09
CinnFin 42.19 -.47
Cisco 29.76 -.23
Citigrp 48.39 -.42
CitrixSy If 33.31 +.62
ClearChan 35.77 +.70
ClearCh 23.94 -.11
Clorox 59.61 +.38
Coach 44.53 +.21
CocaCE 24.00 -.01
CCFemsa 38.89 -.40
CCHellen 46.94 +.93
CocaCI 54.52 +.07
CogTech 73.68 -1.27
ColgPal 66.60 -.77
Comcast s 24.63 -.62
Comc sp s 24.46 -.63
Comerica 57.73 -.81
CmcBNJ 36.04 -.83
CVRD 40.32 +.22
CVRD pf 34.08 -.16
CompsBc 67.47 -.49
CompSci If 55.24 +.43
ConAgra 25.38 +.23
ConocPhil 79.86 +.73
ConsolEngy 38.99 +.45
ConEd 46.11 +.15
ConstellEn 82.22 -1.08
Coopers 50.50 +.91
Corning 23.60 +.60
Costco 57.93 -.44
CntwdFn 19.81 -1.62
CoventryH 55.21 +.66
Covidien n 38.02 -.48
CredSuiss 65.80 -1.19
CrwnCstle 36.34 -.09
Cummins s 107.69 +1.58
DJIA Diam 130.96 +.41
DTE 47.47 -.22
DadeBeh 74.53 +.13
DaimlrC 80.61 -.64
Danaher 76.45 -.09
Dassault 57.55 +.60
DaVita 54.53 +.30
Deere 128.27. +3.66
Delhaize 88.51 +.10
Dell Inc If 26.53 +.21
DeutschBk 126.10 -2.59
DeutTel 18.21 +.28
DevDv 51.92 +.71
DevonE 74.67 -.62
Diageo 79.52 +.59
DiaOffs 93.00 -.38
DirecTV 21.73 -.84
Discover n 23.45 +.27
DiscHoldA 23.64 +.47
Disney 32.91 +.23
DomRes 87.11 -.26
DonlleyRR 35.40 +.19
Dover 49.78 +.38
DowChm 41.80 +.65
DuPont 47.74 +.43
DukeEgy s 18.30 -.06
ETrade 14.64 +.14
E.ON AG 53.54 +.13
eBay 33.78 -.36

Name Last Chg
YamanaGldo 10.48 +.21
TeckComBSV 41.14 +.04
lamgoldCorp 7.47 +.06
EnCanaCorp 61.64 -.55
Telus Corp 51.74 -.34
TD Bank 67.30 -.80
ISharesCDN60 76.33 +.22
TelusCorpNV 50.75 -.59


S Nasdaq composite
SClose: 2,508.59
Change: +3.56 (+0.1%)


13121.35 +42.27 +0.32%
4855.47 +87.49 +1.83%
488.12 +0.73 +0.15%
9326.21 +11.22 +0.12%
2508.59 +3.56 +0.14%
1445.55 -0.39 -0.03%
842.23 +3.93 +0.47%
787.45 +1.42 +0.18%
14544.56 +13.04 +0.09%

Name Last Chg
EMC Cp 18.65 +.36
ENI 64.58 -.02
EOG Res 69.78 -1.80
EKodak 26.18 -.49
Eaton 90.57 +.43
EchoStar 38.70 -1.14
Ecolab 40.99 +.25
Edisonint 52.98 -.35
Edwards 82.48 -.02
EIPasoCp 15.90 -.05
Elan 17.20 -.58
ElectArts 51.83 -.64
EDS 22.76 +.17
Embarq 60.10 -.64
EmersnEl s 47.13 +.82
EEIChile 39.96 -.04
Enbridge 32.92 +.16
EnCana 58.50 -.13
Endesa 53.42 +.02
Enel 49.63 +.02
Energizer 101.98 -.15
EngyTEq 35.96 +.09
EngyTsfr 50.83 +.83
Enersis 16.59 +.17
EnhEqYP 17.96 +.98
ENSCO 55.16 +.29
Entergy 99.69 -.15
EntPrPt 29.20 +.26
EqtRes 48.30 +.49
EqtyRsd 41.56 +1.09
EricsnTl 35.71 +.18
EsteeLdr 40.92 +.61
EverestRe 99.00 +1.02
Exelon 71.39 +.07
Expedia h 28.24 +.43
ExpdIntI 45.83 +.68
ExpScrip s 50.64 +.60
ExxonMbl 84.53 +.39
FPL Grp 59.56 -.44
FannieM If 67.50 +.25
Fastenal 47.16 +.91
FedExCp 108.93 +.93
Fiat 24.67 -.09
FidNInfo 48.07 +.01
FifthThird 36.91 -1.12
FirstData s 31.83 +.35
FstSolar n 94.01 +8.80
FTSpcFn n 16.00 +.33
FirstEngy 62.34 -.41
Fiserv.. 48.03 -.28
Flextrn 10.99 -.16
Fluor 117.27 +2.36
FEMSA s 33.97 -.22
FordM 8.00 +.17
ForestLab 38.21 +1.04
FortuneBr 83.17 +.17
FosterWh 93.13 +2.73
FranceTel 28.77 +.13
FrankRes 129.33 -2.17
FredMac 63.53 -.17
FMCG 79.96 +3.06
FresenM 47.74 -.53
Fujifilm 40.99 -.17
GameStops 41.68 +1.78
Gannett 46.84 -.63
Gap 17.39 +.12
Garmin 97.73 +5.40
Genentch 72.40 -.22
GenDynam 77.50 +.02
GenElec 38.22 -.23
GnGrthPrp 51.26 +.91
GenMills 55.52 -.27
GnMotr 30.97 +.42
GenuPrt 48.64 -.43
Genworth 29.97 -.18
Genzyme 59.18 -.82
Gerdau 20.58 +.33
GileadSci s 37.82 -.18
GlaxoSKIn 50.79 +.10
GlobalSFe 66.72 +.32
GoldFLtd 14.29 -.11
Goldcrp g 21.62 -.05
GoldmanS 172.76 -2.24
Goodrich 60.01 +.85
Goodyear 27.78 +.09
Google 497.92 -2.12
Graingr 85.86 +1.21
GrantPrde 52.63 -.27
GpTelevisa 24.07 -.24
HDFC Bk 82.06 -1.89
HSBC 89.42 -.56
Hallibrtn 32.63 +.38
Hanson 108.99 +.14
HarleyD 55.12 -.50
Harman 112.25 +.57
HarrahE 83.72 +1.15
HarrisCorp 58.07 +.47
HartfdFn 88.25 -1.90
HIthCrPr 28.49 +.54
HealthNet 53.36 +.47
Heinz 44.44 -.75
HellnTel 15.72 -.07
Hershey 45.67 -.61
Hertz n 21.69 +.49
Hess 58.47 +1.17
HewlettP 46.58 -.57
Hilton 45.20 +.46
Hitachi 6529 -.74
HomeDp 33.79 +.48
Honda 31.79 -.09
HonwIllntI 55.82 +1.36
Hospira 37.66 -.14
HostHotls 22.18 +.20
HuanPwr 39.22 +.01
HudsCity 13.84 -.14
Humana 62.82 +.74
HutchTel s 18.07 -.16
IAC Inter 27.50 +.23
ICICI Bk 41.89 -1.03
ING 39.74 -.17
iShEMU nya 108.57 -.13
iShJapan 13.45 -.15



Name last Chg
iShMalasia 10.78
iShDJDv 69.00 -.20
iShSP500 144.82 -.18
iShEmMkt 122.50 +.25
iSh EAFE 74.86 +.24
iSRIKV nya 82.70 +.07
iSRlKG nya 57.26 -.06
iShR2K nya 78.47 +.06
iShMSCIV 72.46 +.23
ITT Corp 62.29 +1.50
ITW 54.60 +1.73
ImpOil gs 40.74 +.17
ImpTob 84.75 -1.12
IndoTel 43.33 +.24
Infjneon 14.59 +.01
InfosysT 46.61 -.52
IngerRd 49.38 +.94
Intel 24.11 +.41
IntcntlEx 137.67 +4.13
IntCtlHtl 20.55 -.03
IBM 10922 -1.68
IntlGame 35.24 +.33
IntPap 32.74 -.33
Intuit 27.98 -.67
IntSurg 198.50 -.63
Invesco 23.21 +.29
JPMorgCh 46.49 -.52
JacobsE s 60.89 +.68
JohnJn 61.83 -.19
JohnsnCtl 112.98 +4.31
JnprNtwk 31.59 -.05
KLA Tnc 60.03 +.54
KPN 15.59 -.01
KT Corp 22.26 -.52
Kellogg 53.86 -.34
Keycorp 33.71 -.72
KeySpan 41.68 +.11
KimbClk 69.54 +.47
Kimco 40.60 +.57
KindME 50.08 +.83
Kinross g 11.48 +.17
Kohls 60.57 -2.31
Kookmin 79.02 -1.26
KoreaEIc 21.96 -.41
Kraft 31.70 +.39
Kroger 25.86 -.23
Kubota 39.18 -.86
Kyocera 88.81 -2.55
L-3 Corn 97.07 +3.90
LG Philips 21,91. +.05
LabCp 75.19 -.06
LafargeSA 36.92 -.24
LamRsch 54.30 +.18
LVSands 94.97 +.67
LeggMason 87.04 -1.76
LehmanBr 57.07 -1.04
LeucNatl 43.94 +.77
Level3 4.91 -.03
LibGlobA 39.69 -.27
LibGlobB 40.72 +.57
LibGlobC 37.80 +.05
LibtyMIntA 17.90 -.18
LibtMCapA 109.76 +.12
LillyEli 55.63 -.18
Limited 22.45 +.39
LincNat 59.26 -1.02
LinearTch 34.82 +.13
LloydTSB 43.48 -.25
LockhdM 96.20 -.02
Loews 45.78 -.67
Lowes 28.50 +1.63
Luxottica 33.95 +.24
Lyondell 45.00 +2.75
M&T Bk 107.70 -3.97
MBIA 61.89 -1.71
MEMC 56.89 +2.62
MGMMir 72.15 +2.06
Macerich 82.40 +1.29
Macys 30.74 -.17
Magnal g 86.30 +1.44
Manpwl 73.81 -.09
Manulif gs 37.31 +.77
Marathon s 51.90 -1.54
MarlntA 42.61 +.28
MarshM 26.51 +.06
Marshlls 44.68 +.19
MarvellT 17.10 +.38
Masco 26.62 +.32
MasterCrd 137.90 +.90
Matsush 17.13 -.60
Mattel 22.56 +.31
Maxim hlf 30.52 +.46
McDermlnt 78.62 +2.78
McDnlds 48.29 +.72
McGrwH 47.73 -1.41
McKesson 57.43 -.96
MedcoHIth 83.79 +2.44
Medtrnic 53.02 -.03
Merck 49.98 +.36
MerrillLyn 74.90 -1.14
MetLife 63.73 -.91
MetroPCS n 25.70 -.48
Metso 58.56 +1.49
Microchp 38.00 +.16
MicronT 10.98 -.01
Microsoft 28.26 +.01
Millicomlnt 80.11 +2.48
Mirant 38.13 +.15
MitsuUFJ 9.59 -.07
Mitsui 373.00 +1.40
MizuhoF n 11.72 -.06
MobileTel 59.32 +1.63
Mohawk 86.68 +.35
MolsCoorsB 85.98 +.79
Monsanto 63.78 +.69
Moodys 45.89 -4.09
MorgStan 62.66 +.43
Mosaic If 38.73 +2.76
Motorola 16.32 +.01
MurphO 60.35 -1.30
NCR Cp 48.87 +.06
NEC 4.61 +.04

Name Last Chg Name Last Chg
NatBkCan 54.84 +.04 LundinMng 11.01 +.12
PinetreeCapo 4.92 +.28 BreakwaterRes 2.50 +.07
Sino Forest 14.01 +.04 HudBayMnrls 21.94 +.55
StarfldReso 1.26 +.09 ThompsonCreekl6.10 -.55
PaladinOrdo 5.27 +.34 FirstNickelo .77 +.02
UraniumOneJ 11.40 +1.34 Megauranmo 3.49 +.50
ResrchlnMotn 82.90 +5.33 NorOriono 4.64 -.05
Royal Bnk 53.40 -.20 BarrickGold 33.51 +1.08

A +5.28%
V +6.47%
A +6.86%
V +2.05%
V +3.86%
V +1.92%
V, +4.71%
V -0.03%
V +2.01%

Name Last Chg
Nil HIdg 73.55 +1.59
NRG Egy s 36.84 +.01
NTTDoCo 14.56 -.21
NYMEX 115.82 -2.84
NYSE Eur 73.14 +.79
Nabors 28.98 +.39
NBkGreece 10.86 -.33
NatlCity 28.21 -1.47
NatGrid 71.49 +.54
NOilVarco 111.46 +2.81
NatSemi 25.44 +.18
NetwkAp 25.62 -.36
NewellRub 25.65 +.40
NewfldExp 45.69 -.67
NewmtM 39.88 -.01
NewsCpA 20.38 -.17
NewsCpB 21.77 +.02
Nexen g s 27.90 +.69
Nidec 16.04 -.15
NikeB wi 54.38 -.09
NippnTT 21.49 -.45
Nissan 19.35 -.05
NobleCorp 95.82 +.67
NobleCp wi 49.10
NobleEn 60.17 -.93
NokiaCp 29.62 +25
Nomura 17.41 -.18
Nordstrm 45.56 -1.45
NorflkSo 52.46 +1.49
Norsk 34.99 +.61
Nortel Ifrs 18.22 -.03
NorTrst 62.23 -2.62
NorthropG 77.27 -.45
Novartis 52.25 -.41
NovoNdk 109.20 +5.31
Nucor 49.61
Nvidia 44.90 -.18
OcciPet 55.04 +.71
OffcDpt 23.41 +.63
Omnicm s 49.53 -.83
Oracle 19.11 -.24
Orix 104.72 -4.08
OwensIll 37.16 -.10
PG&E Cp 44.97 -.33
PNC 72.37 -.16
POSCO 128.16 -1.72
PPG 73.38 +1.01
PPL Corp 47.31 -.49
Paccar 78.56 +1.05
.ParkHw i ,97.43 +2.18
Paychex 44.30 -.59
PeabdyE 40.92 -.56
Pearson 14.82 -.12
PennWst g 28.90 +.39
Penney 65.64 -1.91
PepsiBott 34.29 -.60
PepsiCo 68.61 -.77
PetroC g 49.53 +.60
PetChina 134.38 +2.10
PetrbrsA s 45.56 -.21
Petrobrs s 53.72 +.17
Pfizer 24.17 +.23
PhiILD 53.84 +1.30
PhilipsEl 37.61 +.39
PitnyBw 44.40 -.60
PlainsAA 55.64 +.12
PlumCrk 40.71 +.61
Polo RL 77.55 -.88
PortglTel 13.13 -.05
Potash s 79.16 +3.46
PwSMidG 22.09 +.21
PwShs QQQ 46.53 +.22
Praxair 73.85 +1.15
PrecCastpt 130.13 -1.37
PriceTR 51.89 -.06
PrinFncl 55.70 -1.29
ProctGam 65.01 -.34
ProgrssEn 46.46 -.30
ProgsvCp 22.16 -.25
ProLogis 59.04 +1.97
Prudent 88.32 -1.83
Prud UK 26.35 +.18
PSEG 85.33 +1.33
PubStrg 75.85 +.68
Publicis 41.68 -.64
Qualcom 37.42 -.12
QstDiag 54.43 +.31
Questar s 47.53 -.39
QwestCm 8.86 -.14
Raytheon 57.08 +.75
ReedElsNV 34.00 -.63
ReedEls plc 46.12 -1.09
RegionsFn 32.32 +.26
ReliantEn 25.67 +.62
Repsol 35.49 -.46
RschMotn 235.99 +15.47
ReutrGrp 73.76 -.62
ReynldAm 64.17 -.46
RioTinto 246.41 +1.71
RockwlAut 68.69 +.44
RockColl 65.89 +.92
RogCm gs 43.71 +.86
RoHaas 56.16 +.01
Rostele If 58.55 -.91
RoyalBk g 50.54 +.09
RylCarb 38.10 -.60
RoyDShllB 73.28 +.13
RoyDShlIA 73.52 +.32
Ryanair s 37.27 -.42
SAP AG 52.21 -.26
SK Tlcm 26.90 +.12
SLGreen 108.69 +1.44
SLM Cp 48.36 +.10
STMicro 16.56 +.05
Safeco 58.97 +.14
Safeway 32.24 -.24
SUude 43.26 -.34
SanDisk 54.68 +1.01
Sanofi 39.56 +.31
SaraLee 16.36 +.08
Sasol 36.87 +.21
Satyam s 23.88 -.67

Name Last Chg
EqnoxMnrlso 3.15 +.01
DenisonMines 8.49 +.19
ShoreGldo 3.05 +.09
ChariotReso .90 ...
TalismanEgy 17.73 -.23
HznBetaProBr 22.91 -.12
PetroCanada 52.16 +.30
TiominReso .12 +.01

1,650 1,500

1,600 1,400

RallyEngy 7.09 +.04
ManulifeFin 39.29 +.40
GabrielReso 3.21 -.29
EasternPlat 2.07
RedcorpVcno .28 +.01
Bk NS 49.67 -.15

Interestrates NET IYR
A E 3-month T-bill 3.06 3.88 -0.82 V V V 5.11

6-month T-bill 4.21 4.18 +0.03 V V V 5.18
1-year T-note 4.13 4.20 -0.07 V V V 5.02
2-year T-note 4.07 4.19 -0.12 V V V 4.88
5-year T-note 4.29 4.36 -0.07 V V V 4.79
10-year T-note 4.63 4.68 -0.05 V V V 4.84
30-year T-bond 4.96 4.99 -0.03 V V A 4.98





1,35 0

Name Last Chg
SchergPI 29.09 -.47
Schlmbrg 90.70 +2.14
Schwab 19.37 -.29
SeagateT 24.23 +.48
SearsHldgs 139.48 +2.24
SempraEn 54.00 +.32
ShawC gs 22.35 +.64
Sherwin 67.83 +1.24
Shinhan 116.40 -4.09
Shire 74.32 +1.38
SiderNac 46.79 +.25
Siemens 120.35 +.70
SigmAl s 45.89 -.14
SimonProp 93.65 +2.12
Smith&N 56.46 -.08
Smithlntl 60.12 +.82
SonyCp 45.79 -.78
SouthnCo 36.01 +.01
SthnCopp s 91.34 +.71
SwstAirl 15.10 +.06
SwstnEngy 38.12 -1.24
SovrgnBcp 18.49 +.42
SpectraE n 22.18 -.19
SprintNex 18.26 -.06
SPDR 144.64 -.07
SP Mid 153.00 +.29
Staples 23.31 +.06
Starbucks 26.91 +.21
StarwdHtl 56.77 +1.30
StateStr 62.58 -1.42
Statoil 27.32 +.49
Sterlite n 14.06 +.43
StoraEnso 16.30 +.13
sT Gold 65.12 +.11
Stryker 66.86 -.41
Suez 50.80 +.59
SunLfFn g 47.24 +.57
SunMicro 4.81 +.04
Suncor g 85.73 -.62
Sunoco 66.60 +.26
SunTrst 79.92 -.58
Supvalu 39.85 +.57
Swisscom 34.03 +.02
Symantec 18.26 +.16
Syngenta 35.54 -.04
Synovus 28.74 -.47
Sysco 33.69 +.26
TD Ameritr 16.18 -.22
TDK 78.91 -2.04
TJX 29.65 -.35
TXU Corp 64.20 +.70
TaiwSemi 9.72 +.02
TalismE gs 16.79 -.11
Target 59.09 -2.09
TataMotors 16.21 -.32
TeckCm gs 39.15 +.38
TelcNZ 23.78 +.43
Telltalia 26.18 +.19
TelltaliaA 20.60 +.13
TelSPaulo 27.15 +.15
TelefEsp 70.65 -.15
TelMexL 32.32 +.22
TelData 61.47 -1.68
Telkom 87.89 +1.80
Telus g 48.17 -.11
Templeln 54.95 -.12
Tenaris 44.85 +.15
Terex 75.53 +3.06
Tesoro s 46.58 -.37
TevaPhrm 41.02 -.23
Texlnst 33.47 +.38
Textron 109.68 +1.64
ThermoFis 49.87 -.39
Thomson 40.08 -.20
3M Co 88.27 +.44
Tiffany 43.35 +.95
THorton g 32.25 +.11
TW Cable n 33.64 -.09
TimeWarn 18.42 +.13
Trchmrk 62.17 +.04
TorDBk g 64.00 -.21
Total SA 71.33 -.53
Toyota, 113.65 -.86
T"Cda g 33.96 +.14
Transocn 99.98 +.38
Travelers 52.30 -.63
Turkcell 15.79 +.06
TycoElec n 34.95 -.15
Tycolntl n 42.79 +1.13
Tyson 20.30 +.29
UBS AG 52.34 -.64
UPM Ky 21.48 +.35
UST Inc 51.96 +.56
UltraPt g 55.44 -1.61
UUniao 104.20 +2.53
UnilevNV 29.30 +.20
Unilever 30.25 +.13
UnionPac 111.73 +5.80
UnBnCal 59.36 -.65
UtdMicro 3.15 -.05
UPS B 75.94 -.38
US Bancrp 32.61 -.20
US Cellular 90.25 +2.25
USSteel 84.33 +2.09
UtdTech 74.70 +.88
UtdhlthGp 49.55 -.25
UnumGrp 24.73 -.12
VFCp 82.80 -.01
ValeroE 64.03 -.56
VeoliaEnv 70.53 +.53
Verisign 29.80 +.13
VerizonCm 41.11 +.31
ViacomB 37.56 +.16
VimpelCm 100.56 +.36
VirgnMda h 22.79 +.23
VMware n 57.33 +1.78
Vodafone 31.02 +.19
Volvo s 16.52 -.28
Vornado 103.66 +3.56
VulcanM 88.17 -.29
WPP Gp 69.20 -.66
Wachovia 49.01 -.18
WalMart 43.59 +.10
Walgrn 44.96 -.71
WA MutI 37.52 -.85
WshPst 790.90 -4.10
WsteMInc 36.38 +.38
Waters 61.15 -.43
Weathfdlnt 53.61 +.53
WellPoint 79.05 -.50
WellsFargo 37.10 -.14
WstnUn n 18.53 -.20
Westpac 106.48 +3.48
Weyerh 65.25 +.25
Whrlpl 94.62 +.99
WhtMtlns 533.00 -4.00
WholeFd 43.47 -.83
WmsCos 31.18 -.20
Windstrm 13.39 +.03
Wipro 13.79 -.03
Wolseley 20.65 +.12
WooriFn 69.11 -1.77
Wrigley 60.15 -.44
Wyeth 45.18 -.15
Wynn 114.08 +1.74
XL Cap 75.01 +1.37
XTO Engy 55.28 -.47
XcelEngy 20.75 +.05
Xerox 15.92 -.29
Xilinx 24.54 +.08
YPF Soc 36.89 +2.52
Yahoo 23.34 -.20
YumBrds s 31.24 -.06
Zimmer 76.64 -1.29
ZionBcp 73.09 -.62

Name Last Chg
BankersPeteo .39 -.01
Goldcorplnc 22.80 -.18

American Cent
Ultralnv 28.58 +.08+11.7
American RiFunds
AmcapA m 21.10 +.01 +14.4
BalA m 19.43 +.03 +11.4
BondA m 13.10 +.02 +4.5
CaplncBuA m 62.60 +.39 +15.1
CpWIdGrIA m 43.78 +.50 +17.1
EurPacGrA m 48.97 +.89+15.2
FundmlnvA m 42.04 +.28+14.4
GrowAmerA m34.70 +.14 +13.4
GrowAmerB m33.46 +.13 +12.5
HilncA m 12.01 +.01 +5.8
IncAmerA m 20.37 +.06+11.6
InvCoAmA m 34.93 +.06 +12.5
MutualA m 3035 -.01 +14.8
NewEconA m 28.00 +.30 +17.8
NewPerspA m33.21 +.38 +14.4
NwWrldA m 52.06+1.03 +25.0
SmCpWIdA m42.66 +.80 +243
WAMutInvA m36.30 -.01 +14.9
Intl 29.61 +.21 +13.0
Growth b 51.88 +.25+17.8
RMlntl 26.63 +.12+11.0
GlobAlcA m 19.02 +.05 +12.9
GlobAlcC m 17.95 +.05+12.0
GrowA m 58.00 +.48 +14.3
AcornZ 31.01 +.15 +16.5
EmgMktVal 37.74 +.66+44.0
IntlSmCap 21.49 +.06 +18.8
USLgVal 24.90 -.04+10.6
USSmVal 28.66 ... +9.7
DremHRtEA m51.16 +.02 +92
NYVentA m 39.22 -.10 +11.3
NYVentC m 37.66 -.10 +10.5
NYVentY 39.73 -.10 +11.6
Dodge & Cox
Bal 86.33 -.03 +8.6
Income 12.48 +.02 +5.0
IntlStk 45.17 -.11+14.9
Stock 151.90 -.19+10.2
ValRestrA 54.46 ...+14.7
AstMgr50 16.36 +.03 +8.9
Bal 20.22 +.04 +12.1
BIChGrow 46.22 +.06 +11.6
CapApr 27.76 +.20 +12.4
Caplnc 8.65 +.01 +82
Contra 6879 +.19+14.5
DiscEq 29.79 +.01 +11.1
DivGrow 32.62 -.06 +13.3
Divrlntl 38.26 +.25 +14.0
EqInc 59.14 +.06+14.3
EqInc II 24.01 +.01+13.8
FF2015 12.29 +.02 +9.9
FF2040 9.52 +.02 +12.8
Fidelity 36.82 +.05 +12.0
Free2010 14.65 +.02 +8.9
Free2020 15.55 +.03+10.9
Free2030 16.09 +.03 +12.4
Govtlnc 10.06 +.01 +5.2
GrowCo 74.41 ... +18.4
Growinc 31.21 -.09 +9.5
IntBond 10.10 ... +3.7
IntlDisc 39.22 +.38 +15.3
InvGrdBd 7.16 ... +2.9
LevCoSt 31.96 +.28 +18.8
LowPriStk 43.92 +.24+13.4
Magellan 89.96 +.31 +12.5
MidCap 29.76 +.06+14.4
OTC 45.80 +13 +25.5
Overseas 47.17 +.39 +16.0
Puritan 20.21 +.02 +10.8
Reallnv 31.92 +.59 +1.5
ShTnIBond 8.66 -.01 +2.6
TotalBd 10.23 +.01 +3.9
USBdIndx 10.72 +.01 +4.3
Value 84.15 +.20 +15.1
Fidelity Spartan

5001ndxAd 100.46 -.03+13.0
5001ndxln 100.45 -.03+13.0
USEqlndxA 5128 -.01+13.0
USEqlndxl 5128 -.01+13.0
First Eagle
GIbA m 47.18 +.35+11.9
OverseasA m 25.95 +.30+11.5
CATFA m 7.11 +.01 +1.9
FedTFA m 11.76 +.01 +1.9
Income A m 2.65 .-+11.7
Income C m 2.67 +.01 +11.1
IncomeAdv 2.64 +.01 +11.9
Discov A m 31.78 +.17 +16.6
Shares A m 26.19 +.02 +11.1
Shares Z 26.42 +.02+11.5
Fgn A m 13.85 +.14 +11.9
ForEqls 27.99 +.18 +21.4
Growth A m 2536 +.06 +10.1
Growth Ad 25.42 +.06+10.4
World A m 19.46 +.09 +10.9
Frankin Templeton
FndAIIA m 13.88 +.04+10.7
GMOErgMktsVI d22.04+.50
CapAplnst 34.09 +.03 +10.9
Intllnstl 65.05 +.55 +19.0
AdvHLSIA 23.12 +.01+12.5
CapAprA m 39.52 +.17 +14.4
CWiHLSIA 5c +13 +1i4
DvGrHLSIA 23.74 -.01+16.5
Contrarian 1828 -.05+262
GrowInc 39.50 +.06 +9.6
Janus 29.88 .. +14.4
OMss 455 +SW
Tnwty 9" +32 +11.4
John Hancock
ClsscValA m 27.27 -.03 +9.2
LifBal b 14.46 +.02 +9.8
LifGrl b 15.02 +.03 +11.1
Julus Baer
IntlEqA b 44.34 -.01 +19.6
IntlEql 45.34 -.01 +20.0
IntlEqIll 15.57 -.02+16.4
Legg Mason
Valuelnst 77.57 -.43+11.1
ValuePr b 6920 -.38 +10.0
Longleaf Partners
LongPart 35.74 -.04+16.6
Loomis Sayles
Bondl 14.23 +.05 +7.7
Lord Abbett
AffiiatA m 1530 +.01 +83
MidCpValA m 22.56 +.10 +14.8
TotRetA m 16.39 -.01 +10.7
ValueA m 27.70 -.07+15.2
Smalleros 15.69 -.03 +14.
Eqincl 27.25 ... +10.6
Intl I 25.59 +.02 +12.0
DevMktA m 44.88 +29 +29.0
GlobA m 74.71 +.04 +13.6
MmStrA m 423 4M +121
RoIWirn 1731 "-. 'j
RochNtlMu m 11.45 -.02 -3.9
StrlncA m 4.28 ... +8.1
AIIAssetl 12.55 +.01 +3.9
ComRlRStI 13.62 -.24 -3.5
LowDrls 9.94 ... +5.3
ItA n 131 +.1l 44
ToMtAdtl b 1031 +01 +(46
TotRetIs 10.31 +.01 +4.9
GlobHiYA m 12.02 ... +7.3
PioneerA m 49.38 + 11.0
GrowlncA m 19.72 -.05 +10.2

DivrEqlnA m 1352 +.04 +15.3
MulStrBdS 1023 +.01 +4.5
YIdPlsSel 9.45 -.03 +3.2

AmerShS b 46.74 -.11 +10.9
T Row Price
BIChpGr 37.71 -.07+15.1
CapApprec 21.18 -.01 +11.7
Eqlndex 38.84 -.01+12.7
Eqtylnc 29.64 -.01+13.2
GrowStk 32.81 -.03+14.6
IntlStk 16.93 +.06+11.9
W812 .42 +13W
MidCpGr 59.77 +.30+19.0
NewHoriz 3424 +.13 +14.9
Newincome 8.82 +.01 +4.8
SmCpStk 35.07 +.05 +11.0
Value 27.61 -.02 +13.2
Third Avenue
Value 60.44 +.39 +8.8

IntIlVaA m 31.87 +.10 +24.3

GlobVal 32.77 +20+16.9
Van Kampen
ComstockA m 19.2 -.04 +115
EqlncomeA m 9.16 +.01 +9.6
GrowlncA m 22.18 +.01 +11.3
500 133.46 -.04+12.9
50OAdml 133.48 -.04 +13.0
Asr 2 a +iS
Emrtm m +9S +29S
ss 11.44 +1 +15u
Europeldx 3759 +.08+17.7
Explr 77.72 +.43+13.6
GNMA 10.12 +.01 +5.1
aIAMd I112 +1J +5i
GEq 24 +13 +l1U
GWth 31 +10 +14.2
MCrAd 6"; 1 +1 2
HIthCare 146.78 +.04 +5.1
Instldx 132.46 -.04 +3.1
kistfs 1l47I 3 +111
InstTBdld 49.97 +.09 +52
InstTStPI 31.47 +.02+13.5
IntlGr 24.69 +.12 +14.1
IntlVal 41.71 +.11+142
LlfeCon 16.88 +.02 +9.6
LifeGro 24.47 +.04 +13.0
ld 11I +ll + 112
MidCp 20.52 +.11+13.6
Morg 19.82 +.07+14.7
WxMij I31 -1? +13
Paddd 12 +41 +4
Prmcp 72.13 +.14+12.4
ftqpA ?41 +.14+U1S
STCor 10.57 +.01 +5.6
STGradeAd 10.57 +.01 +5.7
SamCt 3145 +.2 +111
Star 21.30 +.05 +10.4
StratgcEq 23.75 +.13 +9.9
TOgtW2I5 12. +. +)10
TOt203 13v1 +1 +1v 2
TotBdAdml 9.91 +.02 +53
TotBdld 9.91 +.02 +52
TotBdlnst 9.91 +.02 +5.4
TomtlnI 1. +11 +153
ToSltSA M 34O +.I +W
Tolts RN 2+1 +14
TotStldx 34.89 +.02+13.3
Wellsl 21.98 +.02 +8.3
Welltn 33.28 +.02+12.0
WekAdm 9.49 +M4 +Ill

Wndsr 18.47 +.01 +14.1
WndsrAdml 62.32 +.02+142
I&slI M.1i +M4 +116
Western Asset
CrPIBdIns 10.14 ... +3.7



YEST 8.25 4.75
PREV 8.25 5.00
WK AGO R25 4.75

Lehman Long T-Bd Idx 4.95 4.97 -0.02 TV A 5.00
Bond Buyer Muni Idx 5.05 5.03 +0.02 A A A 4.75
Lehman US Aggregate 5.47 5.45 +0.02 V V A 5.48
Lehman US High Yield 9.20 9.17 +0.03 A A A 8.38
Moodys Bond Index 5.91 5.84 +0.07 A A A 5.67
Bank Index 108.58 110.17 -1.59 A V V 111.70
DOJ Corp Bond 198.77 198.06 +0.71 A A A 189.12


S Crude Oil (bbl) 71.12 71.98 -1.19 +16.5
Gold (oz) 656.70 656.90 -0.03 +3.4
Platinum (oz) 1247.40 1231.60 +1.28 +9.5
Silver (oz) 11.71 11.77 -0.51 -8.5
Coffee (Ib) 1.15 1.16 -0.86 -8.9
Orange Juice (Ib) 1,26 1.23 +2.44 -37.4

Sugar u) u.0.0 u.9 ... -z23.4

Foreign 6wo. n.
Argent (Peso) .3172 +.0003 +.09 .3223 -.0073 A
Brazil (Real) .4928 -.0010 -20 .4779 +.0266 Q
Britain (Pound) 1.9879 +.0081 +.41 1.9546 +.1067 i^
Canada (Dollar) .9459 +.0058 +.61 .8542 +.0575 .
[ ~l YW Chile (Peso) .001912 +.000003 +.16 .001854+.000034
Colombia (Peso) .000475 +.000005 +1.05 .000450+.000053 *]
Dominican Rep (Peso) .0303 -.0000 -.00 .0300 -.0000 ;
Euro (Euro) 1.3481 +.0006 +.04 13137 +.0656 O0
Japan (Yen) .008706 -.000066 -.76 .008336+.000068
Mexico (Peso) .089901 -.000258 -.29 .091013 -.002585
Uruguay (New Peso) .0423 -.0000 -.00 .0412 +.0005


S&P 500 1445.55 -0.39 -0.03% V V V +1.92%
Frankfurt DAX 7407.53 +29.24 +0.40% V V A +12.29%
London FTSE 100 6078.70 +14.50 +0.24% V V V -2.28% U
Hong Kong Hang Seng 21595.63 +1208.50 +5.93% V V A +8.17%
Paris CAC-40 5399.38 +35.75 +0.67% V V V -2.57%
Tokyo Nikkei 225 15732.48 +458.80 +3.00% V V V -8.67%

Buenos Aires Merval 1929.12 +95.41 +5.20% V V V -7.72%
Mexico City Bolsa 28453.55 -57.11 -0.20% V V V +7.58%
Sao Paolo Bovespa 49206.36 +647.60 +1.33% V V A +10.64% I[
Toronto S&P/TSX 13110.34 +60.76 +0.47% V V V +1.56% j|

Seoul Composite 1731.27 +93.20 +5.69% V V A +20.69%
Singapore Straits Times 3322.38 +191.67 +6.12% V V A +11.27%
Sydney All Ordinaries 5926.50 +256.20 +4.52% V V V +5.00%
Taipei Taiex 8515.60 +425.31 +5.26% V V A +8.84%
Shanghai-Shanghai B --314.33 +14.46 +4.82% -..A A A-14t --r -

Largest Mutual Fuds .
Largest Mutual Fu.ds .

12-MO 12-O0


Bahamian architect wins



Albert Sands Award

On August 1, when
Terry-Jeanne P.
(TJ) Thompson
logged on to the
Cotton Bay website, she did
not expect to see her name
among winners of the Young
Architects Design Competi-
tion, which attracted over 400
entries from around the globe.
Ms Thompson, of Construc-
tion Design Services, is the
winner of the $5,000 T Albert
Sands Award for the best
design by a Bahamian archi-
tect in the recent Cotton Bay
Estates Young Architect
Design Competition.
In addition to her winning,
her design could be selected
by prospective home-buyers in
the upscale development in
South Eleuthera.
"When I got to work on
August 1, I checked the Cotton
Bay website and saw my name
and said this is a mistake. I
logged off and logged on again
and my name was still there. I
was shocked." said Ms Thomp-
Ms Thompson applauds
Eleuthera Properties Ltd and
Cotton Bay for involving
young Bahamian profession-
als in the project.
"I think it's excellent for
Cotton Bay to have involved
young Bahamian architects in
this way. It gives us the oppor-
tunity to stretch our design
wings, so to speak. I think
more developments should
consider involving local archi-
tects, engineers and other pro-
fessionals at this level."
The winning entry "Casa
Playa" is a one storey, simple
design with an open floor plan,
that combines a total of 4,084

"I think it's excellent
for Cotton Bay to
have involved young
Bahamian architects
in this way.."


square feet of indoor/outdoor
living and dining space. Its high
ceilings and crow's nest allow
natural light at the centre of
the house, and demonstrates
an efficient use of space.
The interior of the house is
3,190 square feet, the garage
is 380 square feet, the outdoor
dining verandah is 250 square
feet, and the courtyard is 264
sq. ft.
"1 believe the idea of out-
door living/dining spaces is
essential in island living, and
the type of materials chosen
for the construction are to
enhance energy efficiency and
use the sun and trade winds
that we have naturally in The
Bahamas," she said.
An excited Ms Thompson
said she found out about the
competition from a news arti-
cle at the beginning of the year,
and after discussing it with col-
leagues decided to enter.
"Competitions like this don't
come around often," she said.
She said entering the com-
petition allowed her to accom-
plish a personal goal, and hav-
ing her design recognized and
rewarded was an "unimagin-
able and pleasant surprise".

Responsibilities Include. But Not Limited to:

>Scheduling customer work
>Typing customer proposals and letters on Microsoft
>Using Accpac Corp. series for A/C's Receivables.
>Updating Customer Data Base
>Credit Stop lists and collections.
>Inter-Office reports.
>Filing new quotes & work completed.

Desired attributes:
Ages between 35 to 45 years, excellent communications,
inter-personal and organizational skills, excellent
computer and typing skills, attentive to detail, goal

>Competitive Salary
>Health Insurance
>Pension Plan

Please send resume to the following:
Fax: 322-3969
Or P.O.Box N-1388, Nassau, Bahamas



Wyi&AO-ioa~dtr.a*. Psi s vial 1au03Z0tyiarkw
YAM" P vofW., 'ts,5.I tMCAd dfal
klMWd^Sw ttxl- o'ikCndiccmteit
YWJ ObM Cwp-titaMO6 6.1 AuaTr*J *'o*4.
EO?- adCW O iaaROJ fF foof
Nk&Vr Avcw"k "Wtdtftleii

w-OrAWse sawsftw ooe" et: lipmacesa V ,fi .leefimM
RA SW 93OZ6233346; f 242 a V4-16.p:P .O. W W 67 s a '" 7movwwtl 'eatIv,'iwm n


looking for:
Generator Mechanic/Mechanic
Please fax resume to:
394-7659 or 394-3885.

Harbourside Marine YAMAHA

is looking

for Inventory/Sales


with knowledge
golf cars and
industry, must

familiar with inventory and stock
control.Must be computer literate.

Please fax resume to:
394-7659 or 394-3885

i i "'- .
i ;. "



One male and female to do general cleaning.
Must have own transportation.

Please come in for Interview. At Athena Cafe
Bay & Charlotte Street
P.O. Box N-3669
Nassau, Bahamas
Tel: (242) 326-1296/322-8833

Legal Notice


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


* T J Thompson, winner
of the T Albert Sands
Award for the Cotton Bay
Young Architects' Design
Competition with Wim
Steenbakkers, Cotton
Bay's managing director.

Well established Bahamian-owned group of
companies has an immediate opportunity for an

Assistant Financial Controller

As Assistant controller, you will work with and support
Senior management as it relates to all accounting and
finance functions of the companies. This includes GL
maintenance, month-end close, Internal Reporting,
financial analysis, budgeting and forecasting, working
with auditors and supporting general management and

Candidates should have a solid professional foundation
in accounting/finance.


V Bachelors in accounting and/or Finance
V CPA or CA (an asset)
V 3+ years experience in Accounting/Finance
V Able to supervise staff at the clerical and professional

Send cover letter explaining in detail why you would
be right for the position. Please forward your resume
with professional references and phone numbers to:

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


Pricing Information As Of:
.1 ,-,is:,, 20 P ._uA s il 20 -
BISX ALL SHARE INDEX' CLOSE 1.855.10 / CHG 00 36 i %CHG 00 02 ,' YTD 178 q1 Y rD % 10 67
52wk-Hi 52wk-Low Securit y Previous Close Today's Close Change Daily Vol. EPS $ Div $ P/E Yield
1.78 0.54 Abaco Markets 1.60 1.60 0.00 0.000 0.000 N/M 0.00",
12.05 11.00 Bahamas Property Fund 11.65 11.70 005 1.000 1.527 0400 7.7 3.42'.,
9.41 7.49 Bank of Bahamas 9.40 9.40 000 1.000 0 733 0.200 128 2.77,,
0.85 0.70 Benchmark 0.85 085 0.00 0,048 0.020 17.7 2 3!',
371 1.50 Bahamas Waste 3.71 3.71 000 0 279 0.060 13.3 1 612',.
1.57 1.20 Fidelity Bank 1.57 1.57 0.00 0064 0.040 24.5 2 55"%
10.76 9.13 Cable Bahamas 10.75 10.75 0.00 0.949 0240 11.3 2 231,
2.74 1.80 Colina Holdings 2.74 2.74 0.00 0 281 0.080 9.8 2 92",,
15.15 10.99 Commonwealth Bank 15.10 15.10 0.00 600 1 190 0 680 12 7 4 50%",
7.22 4.70 Consolidated Water BDRs 5.97 6.25 0.28 0..112 0.050 53.4 0 84.1",
2.76 2.20 Doctor's Hospital 2 31 2.31 0.00 .1.000 0 281 0 000 8.2 0 001"
6.40 5.54 Fnmgturd 6.20 6.20 0.00 0 804 2.140 77 3.87",
12.77 11.51 Finco 12 77 12 ~i 0.00 0 787 0,570 16 2 14 40",
14.70 13.50 FirstCaribbean 14.65 11 0 00 0 1177 0470 14.6 3 21",
5.50 5.18 Focol (S) 550 5.,0 0 00 0. 314 0 133 15.1 2.11",
1.00 0 54 Freeport Concrete 0.70 ( 70 0 00 0 -15 0,000 N/M 0 001111",
8.65 7 10 ICD Utilities 725 7 25 0.00 0411 0 200 17.6 2 76".
9.90 8.52 J. S. Johnson 9 90 19 90 0.00 0946 0.580 105 ,5 816"
10.00 10.00 Premier Real Estate 1000 10.00 0 00 1.167 0.600 8.6 6 00%,
Fclaellt, Ojer-ThF Co r..-rr Secu<-it.- : '
52wk-Hi 52wk-Low Symbol Bid $ Ask $ Last i Pwne Weekly Vol. EPS $ Div $ P/E Yield
14.60 12.25 Bahamas Supermarkets 14.60 15.60 16.00 1.234 1.485 12.6 10.17",,
10.14 6.00 Caribbean Crossings (Pref) 6.00 6 25 G 00 0 000 0480 NM 7 80",
0.54 0.20 RND Holdinas 0.35 0.40 0 20 -0 030 0.000 N/M 0 001",,
Collnav Ove .The Ci,-un r Secui'tis '
43.00 28 00 ABDAB 41 00 41300 .11 00 2 220 0000 19.4 0.001%
14.60 14 00 Bahamas Supermarkets 14 60O 15 50 1.1 00 1.234 1.125 12.6 7 71"%
0.60 0.35 RND Holdings 0.45 0.55 0 45 0.021 0000 26.2 0.00",'
BISX Listed Mutual Funds ,
52wk-Hi 52wk-Low Fund Name NA V "YT"D% Last 12 Months Div $ Yield %
1 3513 1.3031 Colina Money Market Fund 1.3512633"
3 3402 2.9449 Fidelity Bahamas G & I Fund 3 3402*"
2.7399 2.4415 Colinna MSI Profoned Funild 2 7391035"
1 2652 1.1886 Colila Bond Fund 1.265223"'
11.6581 11.1193 Fidelity Primo Income Funld 11.6581.""
,FINDEX. CLOSE 839.1" /VTO 1.3 08' / 2006 34 47%
BISX ALL SHAREL INDIX 19 DUc 02 1,000 00 MA 1-_ L II MMS YII- )1 .,H I1,' llotllh divti onl; divblin liy loimh.l. pil'o NAV KF
52wk. H,111 h!t,1 dlo$hg prlo Il InIt 52 wIks' 'lid S tlhiytil ln ll of Colinn newi I hhfity
5Ywk-ILow L- want I l l tgprh', IIs, la-ls2 w nk. A!,k $ I,,llhng pils o f i "lal r tlit V I l" 10 A l tl .M'00/
Today'n Clos. Curren day'. wIghtod prhe for Unlily volu- no W.ookly Vol l hadhl vol n of tlh pi,,l h1 wo, "', 11 May .00 I
Ch,;nge Cha- In g. losing price f11)1 ay ty day LPS $ A l1iplly't! rpo-st 11d u iUnhasfi l,, l h-l fi th, Is t I I 1 Ith's- 31 JI.ul\ .00;
Daily V.1l Nuiabr of 1to ,l iaros ridud loday NAY N.t A'-.'. V,i
DIV $ Dividonds por share paid In tho nlan 12 monhtis N/M Not M..nill.. iul
P/E Clonag prlco divided by t.E AIst 12 mouth ornngn/ I INi)EX I I BhilIIty 1-uJMO A t A syk hldo O .A.CA 1. 1l- li-t
(S) 4-for-1 Stock Split Effctlivo Datal 8//2007
i TO TRADE CALL: COLINA 24Q- 2-7010 / FIPBLITY 242-3a-7764 / FOR MORE DATA & INFORMATION CALL (242) 394-25B03

ri is!







Visit our website at www.cob.edu.bs


Wednesday, 22nd August, 2007
8:00a.m. 1:00p.m.

Advisement & Registration
Wednesday, 22nd August, 2007
at 1:00 p.m. 5:00 p.m.

Advisement, Registration
& Bill Payment
Thursday, 23rd August, 2007 and
Friday, 24th August, 2007
at 9:00 a.m. 7:00 p.m.
Venue: COB Band Shell

International Conference

Abolition of the Trans-Atlantic Slave

Trade: Telling the Storyu
The College of The Bahamas
February 21-23, 2008
Nassau, The Bahamas



The College of The Bahamas will host the Conference: "Abolition of The Trans-
Atlantic Slave Trade: Telling the Story, February 21-23, 2008 at the Oakes Field
Campus, Nassau.

Abstracts of approximately 200 words are invited on the following topics:
Language and Oppression
Religion in Slavery: Agent Provocateur or Opiate?
Slavery and Human Sensibility
Power and Enslavement
Kinship across the Diaspora
Identity: Culture, the Arts, Race and Gender
The African Diaspora's Gifts to the World
S- Enslavement and Liberation: Telling the Story through Teaching, Song,
Story and Preservation
Liberation: Ideologies, Contexts and Dynamics
Liberation: Simple Past or Present Continuous?

Please send abstracts as an attached Word file to Jessica Minnis, Chair of the
Conference Committee at abolitionconference(dcob.edu.bs no later than Friday, --
August 31, 2007.

(See over)
Conference Structure

The conference will feature 20-minute papers from all disciplines, followed by 10-
minute discussions, presented in concurrent and plenary sessions. Panel and
poster proposals will also be considered. Such proposals should be as complete
as possible.

Submissions (an electronic copy) should be directed to:
Jessica Minnis
Associate Professor, School of Social Sciences
The College of The Bahamas
PO Box N4912
Nassau, Bahamas
E-mail: abolitionconf@cob.edu.bs

Deadline for Submission: Monday, December 31, 2007.
Accommodation for Non-Resident Delegates
Information will be forthcoming.


Three Days:
Day Rate:
Late Registration Fee:
Student Rate:
Student Day Rate:


For information on the availability of student subsidies, please contact:
Vice President Research, Graduate Programmes and International Relations
Tel: (242) 302 4455

Registration is open and online at http://www.cob.edu.bs/abolitionconf.php.


Massage Therapy Essentials I
This introductory course gives you
the opportunity to learn basic tech-
niques of massage therapy. Major
topic areas will include Massage
Theory, Manipulations and
Techniques, Wellness Education
(Psychological and Physiological
Benefits), Indications and
Contraindications, Serving Special
Populations and Complementary
Bodywork Systems to include
Aromatherapy Essentials.

Begins: Thursday, 27 SepteTmber 2007
Time 6:00-9:00pmo
Duration: 10 Weeks
Tuition Fee: $465.00
Venue: Munnings Building',
The College of The Bahamas

Massage Therapy Essentials II
This is an advanced course for
learning techniques of massage
therapy and its many benefits.
Major topics include introduction
to hydrotherapy, spa and body
treatments, the basic facial,
aromatherapy-fundamentals or
essential oils, relaxation and med-
itative methods, and hot stone

Begins: Monday. 24 September, 2007
Time: 6:00-9 00prn
Duration: 10 Weeks
Tuition Fee: $620.00
Venue: Munnings Building*,
The College of The Bahamas

Group Fitness Instructor
This is an introductory course
for learning how to teach group
fitness and exercise classes.
Major topics of discussion will
include: Basic anatomy and
physiology, choreography and
cueing, the five components of
fitness, nutrition, basic exer-
cise testing and how to teach
group exercise.

Begins:Wednesday,26Septber 2007
Time: 6:00-9.00pm
Duration: 10 Weeks
Tuition Fee: $400.00
Venue: Munnings Building',
The College of the Bahamas

*NOTE: The Munnings Building is situated next to KFC



Starts: 18t" August, 2007
Since its debut, the Becker CPA
Review Programme has consistently -
delivered superior exam preparation.
Clearly, Becker offers distinct and
unparalleled advantages that no other
CPA review course can deliver. We ,
can help you to chart a coursefor a
successfid and rewarding career in
professional accounting!
CLASSES MEET: Saturdays- 8:30am 5:30pm
The Certified Public Accountant (CPA) examination is the leader and grandparent of all professional accounting examinations.
The benefits include increased confidence and competence. and recognition as a member of an elite group of professionals.
Opportunities available to CPAs are positions in government or not-lbr-profit organizations. public or private companies. As a
CPA. you could specialize in Inibrmation Technology Services, Financial Planning, Auditing, Estate Planning, Management
Accounting. Public Accounting. ax Administration. International Accounting, accounting education, and much more. We can
help you to chart a course for a successlIl and rewarding career in professional accounting!

Ask About Our Easy Payment Plan!
Financial Reporting (F): $ 650
Regulation (R): $ 520
Business & Economic Concepts (B) $ 455
Audit & Attestation (A) $ 455
FEES: $ 165
* Tuition is same as United States rates: $2,100
* Repeat Candidates: 50% Discount on Tuition
* Tuition Free Continuing Help Available to Qualified Applicants
Books and Materials: Permission for purchase with proof of registration
Fees and Tuition nun be paid in cash. hy credit card or Bank (Certified Cheque to 7The College o The Bahamas
Business Ofice. Oakes Field Campus. 'Poinciana Drive. CEES Reserves the Righi to C'hange Tuition. Fees. Course ('Content,
Course Schedule and Course Materials
For additional information, please contact
Centre For Continuing Education & Extension Services (CEES)

Tel. (242) 325-5714/328-0093/328-1936 Fax: (242) 322-2712
Ad Distribution Date 7"' i".hv 200(7



Fall Semester 2007 New Student Orientation


. ..., ,U07, PAGE 7B

Base metals prices rise

while gold edges higher

AP Business Writer

Industrial metals regained
strength yesterday, adding to
a recovery that started. Friday
after a turbulent week in the
financial and commodities
Gold prices also rose, but
agriculture futures declined
broadly in the absence of any
bullish news and energy
futures fell as a major hurri-
cane was forecast to steer away
from United States oil opera-
tions along the Gulf Coast.
Metals marched higher on
the London Metal Exchange,
with tin up more than six per
cent on Monday, after a sharp
fall last week. Tin, nickel and

Course Description: This course s for the banner who
knows very ittle about computers and does not unlerstand
how th1y work. This course covers the major computer con-
cept with extensive hands-on practice of various software
using: (1) Microsoft Office Word Processing (t) Microsoff
Excel Spreadsheet (1i) Microsoft Acmess Databaso
Pre-requisite: None
Date Wednesday, 12 September, 2007
Time: 11:00am -2:00pm Section 01 (CEES)
Date;: Monday, 10 September, 2007
Time: 6:00pm 9:00pm Section 02 (CEES)
Date: Saturday. 15 September, 2007
Time: 10:00am 1:00pm Section 03 (CEES)
Duration: 12 weeks Venue; CEES Computer Lab
Tuition: $450.00
.ofw. Cj0e-:'r.Vw rTh15 oDurse Covers mie neMapia sna con-
,rpi ,-itn c ieniae ho,-on .l5tice of vWroB software includ-
.1 II, i Mr11 o Ct w WO. X Procesing (ril Mcrosoll Ecel -
nsw,e,' iai (W crms-fA Access Dalaee Management
Pre.j-'.-iE Com,.'jsr a paason I
Begn,. Thurde la 13 eplemos 2007
Time 6 Opm i.9- pm ,i,- Duraion 12wees
Venue. CEES Compultar Lab Feea. $550.00
Ti worunotp im de dtd o proidle erfrikpants wan an oweni oeat
the inaarrenjials of ac4Oill PowerPo.r,t.L 11 o ee dvel on d l
AbftuA anid dri ntam PonwePrPoml rviminrmln

Beg, Thuia 4 October 2007
Tmue 9Yjar. litropm
iveue CEES Computer Lab

Pe.-reusBte None
Begi.ns Tueisi 2, SoSormoD r 2007
Durts Ideri T.me 0o1am. 2. ipmr.
FPaesS SlO0 0E.nue CEES Cormulte, La

Market rebounds from last week's declines

lead all made early gains on
the back of falling inventories
held by the exchange, which
are seen as an indicator of
world supplies.
The metals, like other com-
modities markets, had been
battered in recent days as the
shrinking availability of credit
led investors to cash out of liq-
uid markets, like copper and
oil. On Friday, the Federal
Reserve's decision to lower by
a half percentage point its dis-
count rate, or the interest it
charges on its loans to banks,
to 5.75 per cent encouraged a
belief that problems in the

credit market could be con-
tained and may not hurt eco-
nomic growth or curb
demand for the raw materials
necessary to sustain that
Copper prices also rose
while LME stocks increased
slightly. Traders have been
watching developments in
labour negotiations at mines
in Latin America. Workers at a
Grupo Mexico copper mine
have been on strike since July
30. Southern Copper Corp.
workers at a mine in Peru on
Sunday rejected the company's

On the New York Mercan-
tile Exchange, September cop-
per rose 2.05 cents to $3.167 a
pound in midday trading.
Gold prices spiked after the
open of the US stock market,
as equities opened higher but
the metal pared back its early
gains as major stock indexes
began to waver. Some analysts
have suggested that gold has
held a closer link to the stock
market than normal in recent
days as investors gauge the
extent of credit turmoil in the
financial markets. Silver prices
were fluctuating at midday.
Nymex gold for December

delivery rose $1.40 to $668.20
an ounce, while September sil-
ver was quoted flat at $11.80 an
Meanwhile, energy prices
sagged as powerful Hurricane
Dean hurled its way toward
Mexico's Gulf Coast but
stayed out of the way of major
US oil and natural gas instal-
The Category 4 storm,
swirling 150-mile-per-hour
winds over the Caribbean, was
forecast by AccuWeather.com
to cross over Mexico's Yucatan
Peninsula today and travel
west. Last week, prospects that
the developing storm could
threaten the US Gulf Coast led
traders to push oil prices up
over $73 a barrel.
Light, sweet crude for Sep-
tember delivery fell $1.47 to
$70.52 a barrel in midmorning
trading on the New York Mer-
cantile Exchange. Gasoline
futures lost 9.78 cents to $1.941
a gallon.
UBS analyst Jan Stuart
reminded investors in a report
that, fundamentally, nothing
has changed in the oil market
over the past week.
Inventories of crude oil are

falling but are still relative-
ly robust while refined
product stockpiles are low and
demand is still growing, he
"Gasoline fundamentals
look especially tight, we think,
as its production is stagnating,
imports slipping and its stocks
fell despite a lull in demand
growth," he wrote. "Diesel bal-
ances are tightening, too."
The credit problems that
recently led to liquidation of
base and precious metals also
reverberated through the ener-
gy market.
According to the latest data
from the Commodity Futures
Trading Commission, long
positions held by funds and
other noncommercial partici-
pants plummeted 17 per cent
in the week ended August 14.
A long position is a bet on ris-
ing prices.
In Chicago, agriculture
prices were lower across the
board Monday. The nation's
corn and soybean crops are
largely past their most vulner-
able growth stages, making
weather conditions somewhat
less important through harvest

The Public is hereby advised that I, DAMIKO
GERARO BOOTLE of Garden Hills #2, Nassau,
Bahamas intend to change my name to DAMIKO
GERARO THURSTON. If there are any objections
to this change of name by Deed Poll, you may
write such objections to the Chief Passport Officer,
P.O.Box N-742, Nassau, .Bahamas no.. later than
thirty (30) days after the date of publication of this


is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should send
a written and signed statement of the facts within twenty-eight
days from the 21ST day of AUGUST, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.

Legal Notice



(a) SUD LIMITED is in voluntary dissolution
under the provisions of Section 137(4)
of the International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 20th August, 2007 when the Articles of Dissolution
were submitted to and registered by the Registrar
(c) The Liquidator of the said company is Michael Low
c,o 1 Raffles Link #05-02 Singapore 039393.

Dated this 21st day of August, A.D. 2007

Michael Low

Legal Notice



(a) YANGON LIMITED is in voluntary dissolution
under the provisions of Section 137(4)
of the International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 20th August, 2007 when the Articles of Dissolution
were submitted to and registered by the Registrar
(c) The Liquidator of the said company is Michael Low
c o 1 Raffles Link #05-02 Singapore 039393

DIated this 21st day of August, A\ I) 2007

Michael I ow

Visit our website at www.cob.edu.bs

Course Descrion: TN course coves basiconcepts of Information
Technology. The course provides training In the following areas:
Basic Hardware Proficiency, Application Features Proficiency,
Operating System Proficiency, internet and Email Proficiency.
Pre-requtsite: None
Begins: Wednesday, 12 September, 2007
Time: 6:00pm -9:00pm Duratilon: 12 weeks
Venue: CEES Computer Lab Fees: $450,00
Course Descriplon: This course covers the fundamentals of the
Mcrosoft Excel spreadsheet Tookls at are needed for basic entry
and manipulation of cells and workshee are presented.

Prm aqiste: None
Begins: Saturday, 29 Sep~mber, 2007
Time 2 00poi 5 OOpm
WW CEESCopur Lab

Duraton: 8 weeks
Pew W50.00

EDUC3G &G &, BAt 2 L LM.L. ,

EDIranan efrc
Frfs 5.501l"]

Course Description: This course is a hands-on introducUon to technol-
ogy systems for use In information environments. The course will
cover the following topics: Basic Hardware, Operating Systems,
Troubleshooting and Repaers.
Pre-requisite: None
Begins: Monday & Wednesday, 17 September, 2007
Time: 6'00pm 7:30prm Duration. 12 weeks
Venue: BHTC Computer Lab Fees $500 00
Course Description: This course Is designed to tran new and existing
smll business entrepreneurs (fewer than 20 employees) how to
organize and manage their accounting activities using QOuickBcks
Pro software. Students wil learn how to set-up t-eir company fleas,
chart of accounts, budget, customers, vendors and employees
Prerequisite: None
Begins: Tuesday, 25 September, 2007
lime: 60pm 9:00pm Duration: 6 weeks
Venue: CEES Computer Lab Fees: $330 00
Cursa DescipiiT Ies c rse .r.c n sarcti. j I %,:- }would
liia t *reaie inle' rperoni l "eet age m co.oi I' 'ri C reason,
b E.re MAan,.iT,-.., a3C t] r 5;-... i .. include
Frnimnn C.raC',.,s Muu ,dia;, sF *' *.jT m ,[.:. ,c: .a .ting of
wet. pag'e
PR,-reiumle Paniricui,'is mr.u t.' Olr.umE, kI.iI. .I-',,] r,.eea
b fc'v6 Tlr-u"AIK & Frril11 ]sCt".Cils .10 1-
Tme ,E ELiSm 4 .uni.in .- fl ; .r,',
ve,',. CEEStC,,pue, t if.. l', "i'

ENQUIRIES: Contact the Co-coordinator at Tel: (242) 325-5714 1(242) 328-0093/ 328-1936 or email perdev@cob.edu.bs fees are .n,: ud-
ed with the exception of the application fee of $40.00 (one time). When submitting application. Kindly prol Ide copies of the ti st four o.liesS
of your passport CEES reserves the right to change Tullion. Fees, Course Content, Course Schedule ana Course



FALL 2007 :




This workshop is designed to provide participants with an
overview of the fundamentals of superior customer service.
It focuses on customer value, retention and relationship
building and employee motivation.

Date: Thursday, 11 October, 2007
Time: 9:30am 4:30pm
Venue: Grovenor Close Nursing School
Tuition: $170.00

This workshop is designed to provide participants with an
overview of the fundamentals of Microsoft PowerPoint. It
focuses on developing effective and dynamic PowerPoint


Date: Thursday, 4 October, 2007
Time: 9:30am 4:30pm
Venue: CEES Computer Lab, Moss Road
Tuition: $160.00

This course will cover Web Page Creation, Website
Management and HTML. Persons who enjoy fiddling with
computers and would like to create their own web pages are
encouraged to attend. Specific topics will include Formatting,
Graphics, Multimedia, Forms and Tables and hosting of web

Date: Thursday & Friday 18th & 19th October, 2007
Time: 9:30am 4:30pm
Venue: CEES Computer Lab, Moss Road
Tuition: $550.00

ENQUIRIES: Contact the Co-ordinator at Tel: (242) 325-5714 / (242) 328-0093/ 328-1936 or email
perdev@cob.edu.bs. All fees are included with the exception of the application fee of $40.00 (one time). When
submitting application, kindly provide copies of the first four pages of your passport. CEES reserves the right to
change Tuition, Fees, Course Content, Course Schedule and Course Materials.




Co,.rea De ic.'.i o l b Ms a:.u assurrea -.' p n,",0ar rbagrtcuj.l
andi akes fre srtden from si leel of nofce c. an advanced 'ee
A Biorougn grouang i al of the lundameniais of aocumnwt handling
m Mioso~l Word preseniNM

F" I I. I





DOCTORS HOSPITAL is pleased to announce that all matters
relating to British Fidelity / CLICO Health Plan Members have
been resolved. As such:

will honor plans issued by British Fidelity / CLICO, within the
limits set out by the plans.

We are delighted to continue our partnership with British
Fidelity/ CLICO, in our ongoing effort to always provide
exceptional service to our clients

L w

Health For Life

,U Y%.00 I ,Q % I % V SL 4 VV

* V

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