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The Tribune.
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Permanent Link: http://ufdc.ufl.edu/UF00084249/02993
 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: 9/21/2007
 Subjects
Genre: newspaper   ( sobekcm )
Spatial Coverage: Bahamas
 Notes
General Note: Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.
 Record Information
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 09994850
oclc - 9994850
sobekcm - UF00084249_02993
System ID: UF00084249:02993

Full Text







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The


Tribune


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BAHAMAS EDITION


Volume: 103 No.251


FRIDAY, SEPTEMBER 21, 2007


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Murder of 11-year-old

is compared to a

'terrorist attack'


CHILD killer Roger Wat-
son was sentenced to death
yesterday by Senior Justice
Anita Allen for the murder of
11-year-old Edison Curtis
Johnson.
The boy was shot in the
head on January 15, 2003,
while at home watching TV
-in Dorsette Street, Fox Hill.
Edison, who was at home
with hbi mother and sister at
the time, was killed instantly
by a shot that penetrated a
wall of the house leading
him dead while still clutching a
TV remote in the place \ he re
he was sitting.
Watson was found guilty of
the murder on September 26
last year by a unanimous deci-
sion by a 12-person jury.
Justice Allen, in her judg-
ment, said that Watson's
actions were cold, premedi-
tated and vengeful, which
showed a wanton disregard
for human life.
In making her judgment,
Justice Allen said she consid-
ered that Watson wore cam-
ouflage clothing to disguise
himself when he committed
the crime, that he .was
dropped off and picked up
from the scene of the crime,
and that the crime occurred
at 8pm, which is a time when
people would be at home.
The judge noted that the
accused showed no remorse
for the crime and compared
the murder to a terrorist
attack.
Attorney Wayne Watson,
counsel for the convicted mur-


ROGER WATSON is shown
leaving the Supreme Court
yesterday.
derer, and also his older
brother, lobbied the court not
to deliver the death sentence,
SEE page 12



Initiative urges public
to take responsibility
for cutting crime
SEE PAGE TWO
Anglicans warned after
ordination of woman
protested
SSEE PAGE THREE
Students encouraged to
seek maritime jobs
SSEE PAGE SIX


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Wilchcombe slams
'decision to evict
those left homeless
after hurricanes'
S.By RUPERT MISSICK Jr
Chief Reporter
rmissick@tribunemedia.net
ACCUSING the government
of making a conscious decision
to "displace the homeless", West
End and Bimini MP Obie Wilch-
combe said yesterday that the
FNM's decision to evict those left
homeless after Hurricanes
Frances and Jeanne amounted to
an "egregious act against human-
ity".
Some of those left homeless
after Frances and Jeanne, which
brought havoc to Grand Bahama
three years ago, had been housed
in temporary trailer homes.
Minister of Housing and
National Insurance, Kenneth
Russell, told The Tribune yester-
day that most of those persons
affected by the hurricanes who
reside in the trailer park have
already had provision made for
them to receive housing.
Nevertheless, Mr Wilchombe
said that the 18 adults and 23 chil-
dren should not be moved until
adequate housing is made avail-
able.
S SEE page 12

I Daniel Smith
death inquest
'likely to last
' for a couple
of months'
By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
THE upcoming inquest into
the death of Anna Nicole Smith's
20-year-old son Daniel, which is
holding up all other inquests, will
most likely take a couple of
months to complete, Chief Mag-
a istrate Roger Gomez said yester-
Sday.
Mr Gomez confirmed to The
- Tribune that the inquest will
S begin on October 30 at 10am and
E be overseen by Magistrate
am William Campbell.
"We're going to try to get this
over with as soon as possible, as
soon as we're finished with it we
can get on to the other inquests.
(Daniel's inquest) is holding up
; everything," he said.
SEE page 11
SEE page 11


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PAGE 2, FRIDAY, SEPTEMBER 21, 2007 THE TRIBNUNE


Initiative urges public to take



responsibility for cutting crime


BAHAMIANS are being
urged to make an individual and
collective contribution towards
a new campaign aimed at halt-
ing the alarming rise in crime.
Citizens should "take some
degree of personal responsibil-
ity" in reducing the upsurge in
wrongdoing and violence, Pas-
tor C B Moss declares in
launching the Bahamas Against
Crime initiative.
"Each individual can indeed
make a difference," said Rev
Moss, "Collectively we can sig-
nificantly reduce crime and vio-
lence in our nation."
Bahamas Against Crime aims
to mobilise all areas of society
as crime and particularly homi-


cide reaches what the pastor
called "astronomical" levels.
"Voices of concern are being
raised in every sector of the'
society. However, none is pre-
senting a clear way forward.
This is causing a great deal of
fear among the population," he
said.
The campaign aims to repeat
the success of the Hands Across
the Bahamas project of 20 years
ago, when the Rotary move-
ment sponsored a project sym--
bolising unity in the fight
against drugs.
The four-month initiative was
credited with stopping intimi-
dation by illegal drug elements.
"It sent a powerful message


to the world, at a very critical
time, that the vast majority of
Bahamians were opposed to the
drug culture," said Rev Moss.
"Bahamians also, for the first
time, collectively rejected the
powerful and dangerous drug
people, and more importantly
refused their money."
This time, he added,
Bahamas Against Crime would
also be a private sector project
designed to address "the nation-
al scourge" of crime.
Sponsored by the Council for
Economic Development, in.
conjunction with the Bahamas
Christian Council and Civil
Society Bahamas,, the project
will involve assembling 100,000


people to link hands across the
major islands.
It would also aim to raise $1
million for the fight against
crime.
The first phase, lasting sev-
eral months, would include an
ecumenical service, a cultural
extravaganza, art contest, song
contest, essay contest and the
"Hands Across the Bahamas"
demonstration.
Corporate partnership would
be the main funding source,
with money going to several
youth, community and crime
prevention programmes.
"It is expected that all gov-
ernment ministries and agen-
cies along with non-govern-


mental organizations will be
actively involved," said Rev
Moss.
A website bahamasagainst-
crime.org is being established
to facilitate the scope of the pro-
ject.
"Bahamas Against Crime will
be managed by an executive
council, supported by a large
number of committees in New
Providence and the Family
Islands," he added.
Financial control would be
undertaken by the Bahamas
Institute of Chartered Accoun-
tants, with an independent
audited financial report by a
national accounting house pub-
lished at the end of the project.


Jailing of barrister prompts warning over defamatory e-mails


BAHAMIANS who smear
other people's characters in
"anonymous" e-mails could be
traced and jailed for criminal
libel, it was claimed last night.
The warning'came after a
British barrister was locked up
for 12 months after sending a
false, incriminating, document
by e-mail.
The barrister, Bruce Hyman,
49, a former radio producer, is
believed to be the first of his
profession in Britain to be con-
victed and jailed for perverting
the course of justice in 800
years.
Hyman sent a fake judgment
by e-mail to the husband of his
client in a child custody battle.
Then, when the husband pre-
sented it in court to support his
case, Hyman accused him of
using a forged document.
Facing possible jail himself,
the computer-literate husband
tracked down the source of the
document to a.Manchester host-
ing service, and ultimately a
computer shop in London.
Hyman had been captured on
a closed-circuit camera sending
the message at the appropriate
time.
Last night a Nassau legal
source said: "This should come


as a warning to anyone who
seeks to smear others thinking
they, have the protection of an
anonymous e-mail address.
There aie means of tracking
people down, and ways of
bringing them to justice."
The judgment against Hyman
coincides with the decision by
Freeport News managing editor
Oswald Brown to seek legal
advice over a libellous e-mail
distributed in Nassau this week.
The e-mail makes two seri-
ous allegations against the vet-
eran journalist, who promptly
reported the matter to police.
"It's a criminal matter," he told
The Tribune.
"I'm turning it over to the
police to see if they can deter-
mine who the person is."
Earlier this month, police
began investigations after a
physical threat was made
against Prime Minister Hubert
Ingraham on a local political
website.
Concern has been growing
for some time in Nassau over
the use of e-mails and websites
to smear people's reputations,
usually for political purposes.
The jailing of lawyer Hyman
will come as a blow to e-mail
and website libel-mongers.


In passing sentence, Judge
Tom Crowther QC said Hyman
was guilty of "appalling profes-
sional misconduct" and ordered
him to pay his victim $3,000
compensation.


Hyman, a father of four, was
said by the defence to be dev-
astated after failing to achieve a
chambers tenancy and suffered
from severe depression which
affected his judgment.


Paul Dunkels QC told the
court: "He has destroyed his
career in the law and damaged
beyond repair his prospects of
returning to his previous career
as a radio producer."


Second day of protests over removal

of police officers from schools


PROTESTERS were in
Rawson Square for the sec-
ond day in a row over the
removal of police officers
from public schools.
They stressed during their
demonstration that the protest
is not political in motivation.
Their protest coincides with
a continued sit-out by teachers
at the RM Bailey School,
requesting increased security
on their campus.
Yesterday the sit-out esca-
lated to the extent that police
were reportedly called to eject
the secretary general of the
Teacher's Union, Belinda Wil-
son, from the campus.
Ms Wilson vowed "not to
be intimidated", and said that
she was called by teachers and


maintains her right to repre-
sent their interests.
Reports indicate that the
ministry may terminate some


staff if the sit-out continues.
However, Ms Wilson said that
they will have "another thing
on their hands" if that is done.


OIn brief

Armed men
raid store
in Baillou
Hill Road
STAFF at a Baillou Hill
Road South store were the
victims of a daylight armed
robbery, police report.
Two armed men reported-
ly entered the Bargain Centre
at about 3pm and demanded
cash.
Police said they escaped with
an undetermined amount of
cash and several phone cards.
The men reportedly fled
the scene in a dark Toyota
Windom travelling south on
Baillou Hill Road.
Mare may set
new record
for most
losses
* PUERTO RICO
San Juan
A PUERTO Rican mare
who hasn't won much of any-
thing could at least claim a
piece of horse racing history,
according to Associated Press.
Dona Chepa, who has lost
124 consecutive races to match
the futility set by Ouroene in
Sydney between 1976 and
1983, could surpass the Aus-
tralian horse if she loses on
Wednesday, said a spokesman
for the Camarero Racetrack
in eastern Puerto Pico.
Bad luck has followed the
9-year-old Dona Chepa since
Valentine's Day in 2001. Her
closest brush with victory
came in May 2003, when she
finished second, Bruno said.
The horse has won $12,971
despite results that include 22
fifth-place finishes.
The race track where Dona
Chepa will compete is named
after a Puerto Rican horse
that won 56 consecutive races.

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PAGE 2, FRIDAY, SEPTEMBER 21, 2007


THE TRIBUNE










ET UCS M 227A
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@In brief

Free legal

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A FREE legal clinic is
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SuperClubs Breezes, Cable
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Lawyers from Halsbury
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advice on a wide range of
subjects, including home pur-
chase, beach access and mar-
ital rights.
The clinic runs from
9.30am until 2pm.

Consular
section at
US Embassy
closed today
THE public has been
advised that the consular sec-
tion of the United States
Embassy will be closed for all
consular services including
visas and US passports on
Friday, September 21.
The embassy said in a
statement issued yesterday
that the section will resume
normal business operations
on Monday, September 24.

Honours are
paid to late
prime minister
of St Lucia

ST LUCIA
Castries
ST. LUCIA bade a final
farewell to the late Prime
Minister John Compton on
Tuesday, honouring the
three-time leader's commit-
ment to his Caribbean home-
land in a funeral amid the lilt-
ing notes of calypso music,
according to Associated Press.
Hoisting national flags and
posters with Compton's image,
islanders lined the streets of
the capital of Castries to watch
a motorcade carry his casket
to a packedchirch decorated
with pink lilies and leaves from
fruit trees.
Hundreds who could not
get into the 2,000-seat church
watched the four-hour funer-
al on a large screen outside.
Some wept or fought back
tears as they mourned a man
affectionately referred to as
"Daddy Compton."
"He was a remarkable
man," said 17-year-old stu-
dent Simon St Ange.
Compton is widely revered
in St Lucia for guiding the
tiny island in the southern
Caribbean to independence
from Britain in 1979. He
came out of retirement last
December to lead his United
Workers Party to an upset
victory, but was sidelined this
year by a series of strokes and
died September 7 at age 82.
"Today we mourn the
passing of a legend so we
must relish the occasion and
blend it into our history,"
Compton's cousin and for-
mer Prime Minister James
Mitchell said during Tues-
day's service, his voice thick
with emotion.


Anglicans warned



after ordination of



woman protested


THREATENING to leave
the Anglican church, or not
showing up when a particular
priest is conducting mass, can
only cause anarchy and does
not serve the greater good of
the Anglican community or the
wider Long Island populace, an
island source said yesterday.
Tanya Cartwright, publisher
of the Long Island Times, was
responding to threats from
Long Island Anglicans to leave
the parish of St Paul's if Paula
Cartwright is ordained a priest.
On July 17, Paula Cartwright
wvas ordained to the diaconate
by Bishop Drexel Gomez.
Recently, Ms Cartwright
assisted Fr Earnest Pratt and
preached her first sermon at St
Theresa's.
Anglicans in Long Island are
furious over the appointment
of the first female Anglican dea-
con on the island and are asking
Archbishop Gomez to remove
her immediately.
Archbishop Gomez told The
Tribune that he was aware of
the discontent of some parish
members, but that this cannot
influence the church's decision.
"In the Anglican Communion
we do ordain women and this
diocese took a decision to do
that and all the prerequisites
were met. There was no reason
to make an exception in this
case," he said.
Archbishop Gomez
explained that he held a special


meeting in Long Island a few
weeks prior to Deacon
Cartwright ordination to explain
the church's decision and hear
the concerns of parish members.
The Archbishop said he is
aware that some people have
announced they will leave the
parish, but said that such threats
will not, and have not, influ-
enced the appointment of Dea-
con Cartwright.

Sympathy

The editor of the Long Island
Times said she can sympathise
with Deacon Cartwright.
"I can only have imagined the
weight on her shoulders. Most
ordinations are filled with joy
as a new priest enters the field
to advance the gospel of Jesus
Christ, but Cartwright's ordina-
tion was immersed in tension
as some high-ranking minds saw
fit to threaten the bishop with
leaving the church. Imagine
that...men whose focus is not
on the message, but on the mes-
senger," Ms Cartwright said.
She said she gets the impres-
sion that many people think
that a woman becoming a priest
is about her gaining power.
"I was saddened, to say the
least, that I had to witness the
saying, 'you shall know them by
their fruits.'
"What is your driving force?
Most people on the island know


that Mrs Cartwright's call to the
service of Jesus Christ as a
priest was one that was
drenched in setbacks and dis-
appointments, and as I listen
and observe what is happening
in the church, I wonder what
force is driving some of the
members. Is it ego? Is it fear?
Or is it both?" Ms Cartwright
asked.
She pointed out that, regard-
less, the perfect love of a Chris-
tian drives out fear.
"The one who fears is not
made perfect in love... If any-
one says, 'I love God,' yet hates
his brother, he is a liar.,Now I
know that for those to whom
this applies will say I do not
hate Paula, I just believe that a
woman should not be a priest.
"Okay, fine, but let's get
down to the truth. Is it because
some believe that the Bible says
it is wrong for a woman to be a
priest? I beg to differ, for you
will not find such sayings and if
you do find anything remotely
close, one must consider the
time in which the Bible was
written and the culture's per-
spective from which it was writ-
ten," Ms Cartwright said.
She ended with a quote from
15th century reformer Martin
Luther: "If faith alone is needed
for salvation, then faith makes
all people priests and priestess,
be they young or old, lords or
servants, women or men, schol-
ars or laymen."


US journalist welcomes news of

inquest into Daniel Smith's death


AMERICAN TV journalist
Rita Cosby, author of the latest
controversial bestseller about
Anna Nicole Smith, has wel-
comed the Bahamas' decision to
call an inquest into the death of
the late cover girl's son, Daniel.
She told The Tribune yester-
day that US public opinion was
firmly behind a proper inquiry
into Daniel's death at Doctors
Hospital, Nassau, more than a
year ago.
"I feel this is great, particu-
larly for the Bahamas govern-
ment to show that it's going to
have a fair hearing into the
case," she said.
"This matter needs to be
looked at closely. A lot of
ridiculous roadblocks have been
laid from the beginning. It's a
tragedy that it's taken a year."
She added: "However, I am
happy to see the government is
moving forward. There are
some very questionable activi-
ties involving a number of indi-
viduals to be investigated here."
Since her book was launched
on September 4, Ms Cosby has
given 150 radio and TV inter-
views and was yesterday lined
up to do 15 more.
As a result her book, called
Blonde Ambition, has rocketed
to number nine on The New
York Times Bestseller list.


One result of the book's suc-
cess has been a rush of e-mails
from American readers to the
Bahamas Attorney General,
Claire Hepburn, seeking action.
Ms Cosby said: "I understand
many US citizens have been
bombarding the Bahamas with
requests for this inquest to go
ahead. It's good to hear that it
has had some effect."
Meanwhile, Ms Cosby is
laughing off threats of libel
actions against her by Howard
K Stern, Anna Nicole's lawyer-
companion, and Larry Birk-
head, the father of her daughter,
Dannielynn.


"My recommendation is that
Howard Stern would be better
served concentrating on the
inquest instead of taking frivo-
lous action against me," she
said.


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FRIDAY, SEPTEMBER 21, 2007, PAGE 3


THE TRIBUNE








THE TRIBUNE


PAGE 4 FRIDAYSEPTEMBER 21, 2007


, 0 T I TT3TO H E R


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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

Published Daily Monday to Saturday

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

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


A service country with little service


LIKE MANY countries in the world the
Bahamas is a service-oriented country. That
means that most people hold jobs that cast them
in the role of serving other people. This does
not mean that Bahamians have to be subservient
to the people they serve, but if we are to be a
dominant force in the world of tourism, then our
product which includes our service to visitors
- has to be improved.
Who hasn't been to a restaurant at some time
and had to wait for service while a couple of
waiters finish their private talks; or been to a
shop downtown and had to stand and wait look-
ing around for someone to come and serve you
while a group of shop attendants stare at you as
though you were from Mars; or been stuck
behind a vehicle on a main road while the driver
of the car in front of you has stopped to chat
with another driver often a bus driver and an
attempt by you to get the car moving by sound-
ing your car horn results in you receiving the fin-
ger from the offending driver.
These are small points that some may con-
sider insignifant, but they underlie a laid-back,
lackadaisical attitude to life that shows a lack of
discipline and respect for others which is endem-
ic among the youth in our schools and needs to
be addressed forcefully by the authorities.
We told the story recently in this column
about a visiting family who wanted to take home
from their Nassau holiday something from the
Bahamas. They went to our so-called "world
famous straw market." They bought some
Bahamian policemen effigies. But when they
got back to their hotel they found that their
Bahamian policemen had in fact been "made in
China." They no longer found them attractive,
so they dumped them in the trash can.
Why, if we are a service-oriented country,
do we go and jeopardise our Bahamian culture
by putting made-in-China figurines in our
Bahamian straw-market? It doesn't make sense
and more should be done to improve our straw
industry on a country-wide scale by striving to
show what can be done in the various islands.
We recently visited the market on Prince
George Wharf where we found some really
attractive items made from local shells. They
were original and very creative. More of this sort
of work needs to be done.
We've made this'observation before and it
bears repeating: in Hawaii, which like the
Bahamas is composed of several islands, there is
a Visitor Centre in Honolulu where all the
islands of the Pacific are represented in differ-
ent sectors, rather like Epcot Centre in Disney
World in Florida. Not so imposing or elabo-
rate, but nevertheless attractive and interest-


uth P.O. Box N-7984 Nassau, Bahamas

"Wait upon the Lord, Serve
Him with gladness."
SUNDAY SERVICES
7:00am, 9:00am, 11:15am
PASTOR EARLE FRANCIS J.P.,D.D.
Marriage Officer, Counsellor, Intercessor
Phone: 323-6452 393-5798
Fax: 326-4488/394-4819


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ing for visitors. This idea could be duplicated
here if we displayed the various attractions of
our different islands so that a visitor in Nassau
could be educated about the rest of the
Bahamas. Such a project was launched some
years ago at the Botanical Gardens when an
authentic Arawak Village was set up. What
became of this venture we are not sure, but it
probably could be resurrected.
. Have you been up to Fort Charlotte recently
and seen what the authorities are doing to
despoil our one and only original and historical
fort there? On the magnificent crest of the hill
where there is a large area where a military
barracks once stood and where troops would
parade and do their training, there is now to be
a large, ugly straw-market that is hardly fitting
in that setting. Bahamians could drive up there
previously, park their cars and enjoy the view of
the harbour while they had a picnic. That is
hardly possible today. Where have our city plan-
ners been while this has been allowed to hap-
pen?
Being a service-oriented country means that
we have to compete on a global scale today
because of the ease of travel and communica-
tions. If we want to compete with our neigh-
bours in the Caribbean then we should know
that the service we get at some of our hotels
leaves a lot to be desired.
Hoteliers should send their top staff to places
like Japan, Hong Kong and China to see what
service is all about. The level here would never
be tolerated in those countries. If you have ever
flown by Singapore, Korean or Thai Airlines
then you would know that flying on American
or European airlines is like flying second-class
- even though you might have a first-class tick-
et.
People who have been to Cuba on vacation
say that the level of service there is far above
that found in the Bahamas. And also in Cancun
and other places in Mexico.
To be fair, the Kerzner group at Atlantis has
gone to a lot of trouble and effort to ensure
that their staff is properly trained and indeed
one can appreciate their efforts. Their new
establishment at The Cove has to be experi-
enced to be believed. It's difficult to imagine
that you are in a hotel in the Bahamas. The
atmosphere there is so tranquil and peaceful
that you can almost believe that you are in Par-
adise. The Kerzners have to be congratulated on
this addition to their growing empire in our
country. It is an asset that has been nothing but
a blessing for the country and our tourism prod-
uct. However, we appreciate that Atlantis also
has its detractors.


Education is





not adding up


EDITOR, The Tribune.
I AGREED fully with
Prime Minister Ingraham's
choice when he chose Mr Carl
Bethel to lead the Ministry of
Education. Mr Bethel's ener-
gy, smarts and passion for his
ministry gave me a mental pic-
ture, an "unwavering rocket"
heading for the moon. That is
to say, I did and still do
believe that he has the mental
kilowatts to get the job done.
My ambitious expectation
of whatever the young minis-
ter touches turning into gold
or the nearest precious metal
was dealt a severe blow when
I recently discovered some-
thing that I'm sure the good
minister would find both
mind-boggling and counter
productive to the future
enhancement of the educa-
tional system.
What I'm about to describe
here may seem like a fairy-
tale, but I assure you that it is
not. I know a very competent
Math teacher who, in my
humble opinion, in terms of
her skill level and application
is, I believe, among the top
four or five in this country.
After her God and family I
must say that her love and zeal
for teaching and influencing
the children of this nation is
nothing short of commend-
able. The thing that I feel sep-
arates her from so many oth-
ers is that she teaches for life
and not merely for a living.
This is to say nothing of the
crowd that packs into her
house in preparation for BJC
and BGCSE.
My cousin sat in her class-
room a few years ago prepar-
ing for BGCSE Math. He lat-
er confessed: "Initially I was
like a ship anchored in shallow
waters," he continued, "but
she (the Math teacher) knew
how to teach and motivate
like none other I had ever
met. It wasn't long before her
motivation became the wind
in my sail and subsequently, I
lifted anchor and began navi-
gating deeper waters. In the
end I sailed away with an "A"
in BGCSE Math and the
Math Department's coveted
trophy."
After more than a quarter
century honing and perfect-
ing her skills in the classroom
which includes some nineteen
years as HOD, she requested
a transfer to a high school in
eastern New Providence. Can
you please tell my why this
young Bahamian professional,
accomplished veteran, and by
extension a national treasure
(through a series of ane-
mic circumstances) is now


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teaching English Language?
What a waste of God-given
talent! But maybe it's me.
Probably I'm too far behind
the eight ball and lack the
essential foresight that's caus-
ing me to miss out on Educa-
tion's latest master plan.
Please! If this isn't a classic
case of throwing out the baby
with the bath water, tell me
what is.
Does anybody need to be
reminded that good Math
teachers, in terms of.recruit-
ment are in short supply and
due to global demands, find-
ing great Math teachers is like
searching for a dying breed?
So tell me why is a locally
grown genius, born in our very
own backyard, so misplaced?
Maybe I speak as one disillu-


sioned but I used to think that
heaven and earth should be
moved to accommodate the
skilled Bahamian. at the top
of her game.
One of the most basic
lessons that any student must
know is that mixing apples
with oranges is a no, no. How
much more should we expect
this lesson to resonate with
our leaders?
Mr Bethel, if I didn't know
you to be a man of action I
would not have wasted my
ink, but as the leader, and the
patriotic professional that I
perceive you to be, I am
assured that by the time sun
sets this evening you would
have already located her and
made this dim situation turn to
gold or the next best precious
metal.
Two plus two.
CLINT SEYMOUR
Nassau,
September, 2007.


Gang members should be removed

from regular public school system

EDITOR, The Tribune.
GOD is speaking so loudly that apparently all of the Reverend
Doctors who attended the symposium on crime are unable to hear
him.
"...Know ye not that a little leaven leaveneth the whole lump."
-1 Corinthians 5:6
Am I the only one who realises that the gang members in the
public schools ought to be removed from the regular school system?
When they are identified, gang members should be sent to a school
that is specifically designed to deal with individuals who have
immersed themselves in a level of depravity that infests and there-
by destroys the atmosphere of those among whom they dwell.
Preferably, the school should be placed on a family island where
the young thugs may be rehabilitated away from civil society. If the
taxpayers do not wish to bear the burden of feeding, housing, and
clothing the teenage criminals who are, for the most part, the
result of poor parenting, perhaps a prison-like day school may be
built on the outskirts of the island of New Providence.
Meanwhile, in the regular public school system, properly trained
security officers who are neither overweight nor geriatric cases
ought to be placed generously throughout the school campuses in
the country.
Simultaneously, the police force ought to concentrate its atten-
tion on effectively fighting crime in the streets and in the commu-
nity, so that many young people will no longer have to join a gang
to seek, protection.
Additionally, the immigration policies need to be drastically
revamped. Perhaps the Reverend Doctors might wish to expound
this point.
Quite frankly, I am persuaded that God has allowed The
Bahamas a glimpse of where it is headed unless preemptive mea-
sures are taken. Police presence in the schools is a superficial
approach not the answer.
"Purge out therefore the old leaven, that ye may be a new
lump..." -1 Corinthians 5:7
A BELIEVER
Nassau,
September 17, 2007.









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@In brief

Three Haitian
migrants die
from apparent
dehydration
* TURKS AND CAICOS
Providenclales
THREE Haitian migrants
died of apparent dehydration
after being detained in the
Turks and Caicos Islands
where they were awaiting
deportation, the British
dependency said Tuesday,
according to Associated Press.
Two of the Haitian
migrants both men died
late Monday at a crowded
detention center on the island
of Providenciales, according
to a statement issued by Gov.
SRichard Tauwhare and Min-
ister of Home Affairs Galmo
Williams. The third Haitian
man died Tuesday after being
taken to a medical clinic with
five other migrants, the state-
ment said.
"At the time of these
deaths, the detention centre
was accommodating an
unusually high number of
Haitian nationals," the state-
ment said. "They were given
food and water."
The three men were appar-
ently among a group of about
250 migrants from Haiti that
arrived in two boatloads
between Friday and Sunday,
according to the government
statement. It was not imme-
diately clear when each of the
three arrived in Providen-
ciales.
Medical personnel were
called to the detention cen-
tre on Monday to treat the ill
detainees, according to the
government statement.
Meanwhile, Tauwhare and
Williams said the British ter-
ritory's police has launched
an investigation into the
deaths and will be sending
their report to the coroner's
office. They said police were
working to identify the dead
Haitian men.
Some Haitian migrants
being housed at the deten-
tion center were returned to
their homeland on a charter
flight Tuesday.


INSIGHT:

DON'T miss
Monday's INSIGHT
section for massive
reader response to
this week's highly
controversial article
on crime. It's only in
The Tribune...



PHONE i 21


NEW research conducted in
the Bahamas has solved the 50-
year-old mystery about the "lost
years" of sea turtles.
Biologists studying samples
from the shells of 44 green
turtles a site near Great
Inagua have discovered what
happens to members of the
species after they crawl out
of their nests and disappear
into the surf for up to five
years, Fox News reported yes-
terday.
The new findings, published
yesterday in the online edition
of the journal Biology Letters,
reveals that the turtles spend
their first three to five "lost
years" in the open ocean, feed-
ing on jellyfish and other crea-
tures as carnivores.
After this period they move
closer to shore and switch to a
vegetarian diet of sea grass.
Karen Bjorndal, a professor
of zoology and director of the
University of Florida's Archie
Carr Centre for Sea Turtle
Research, explained the first
few years of a sea turtle's life
have up until now always puz-
zled biologists.
"This has been a really
intriguing and embarrassing
problem for sea turtle biologists,
because so many green turtle
hatchlings enter the ocean, and
we haven't known where they.
go," Dr Bjorndal said. "Now,
while I can't go to a map and
point at the spot, at least we


THE Rotary Club of East
Nassau has launched a commu-
nity service project at the
Bahamas Association for the
Physically Disabled.
Members of the club visited
the BAPD's school on Dolphin
Drive to brighten it up with a
fresh coat of paint.
This is the latest project in a
long standing relationship
between the club and BAPD
dating back to 1982 when the
club donated funds to build a
20-foot extension to the school.
Since then, the club has been
involved in regular maintenance
exercises too keep both the
inside and outside of the build-
ing pristine as well as under-
taking larger projects such as
the paving of the play area out-
side the building, and provid-
ing assistance, along with the
government, in extending the
building to it's current size.
In addition to all this, the club
recently funds for the purchase


a-


A SEA turtle swims underwater in May 2006 off the Netherland Antilles
island of Bonaire


know their habitats and diets,
and that will guide us where to
look."

Authors

Dr Bjourndal is one of three
authors of the new paper.
The lead author is Kimber-
ly Reich, a University of
Florida doctoral student in
zoology who did the work as
part of her dissertation
research.
Alan Bolten, a faculty mem-
ber in zoology and associate


director of the sea turtle cen-
tre, is the second co-author.
Dr Bjourndal told Fox News
that it is very important for con-
servation reasons to know
where the sea turtles are locat-
ed at different times of their
life.
"You can't protect a species if
you don't know where it is," she
said.
These findings come as envi-
ronmentalists have launched
an online petition calling for
laws to ban the capture and
killing of sea turtles in the
Bahamas.


of 280 wheelchairs so the school
can continue its work in the
community.
The school on Dolphin Drive
is a day school for children aged
between five and 14 who have
disabilities which make it diffi-
cult or impossible for them to
receive education through the
government school system.
There are currently 20 full-
time students enrolled in the
school, with another 15 on the
waiting list who, as well as
receiving education from quali-
fied teachers, also benefit from
the school's physiotherapy facil-
ities and staff.
The school recently managed
to pass two students on to high-
er education.
Sir Durward Knowles of the
BAPD acknowledged the con-
tributions made by government
and private contributors that
make this all possible and paid
special tribute to the club for
making BAPD one of their


major projects, saying "we
would definitely not be where
.we are today were it not for
Rotary".'


PUC Representatives will be in Abaco from
September 26-28,2007
TO MEET WITH LICENSEES, CONSUMERS &THE PUBLIC
All Interested persons may meet with the PUC staff at locations
listed below:
* Ministry of Tourism Training Center, Marsh Harbour, Abaco from
9am -5pm DAILY on September 26 28,2007
* Coopers Town Court House, Coopers Town, Abaco from 10am-
2 pm on THURSDAY, September 27,2007 ONLY
* Anglican Church Hall, Marsh Harbour, Abaco, from 7 pm 9 pm
on THURSDAY, September 27,2007 ONLY (General Information
Meeting)
* Sandy Point Commissioners Office, Sandy Point, Abaco from
10am-2 pm on FRIDAY, September 28,2007 ONLY

PUC staff will address concerns of telecommunications and
radlocommunications licence holders, consumers and other
interested parties. Licence fees will also be collected.
Information on the PUC's functions and role will also
be available.


mmRea Street P 3253336
Rosetta Street- Ph: 325-3336


Mystery of sea



turtles' early




years explained


NOTICE






Will Be Closed On

Monday September 24, 2007



For Inventory


We Will Re-Open On

Tuesday September 25, 2007


We Apologize For Any

Inconvenience This May Cause.


Rotary members give BAPD

headquarters a facelift


FRISDAY- EPEMIBER 1 t 00
^^^^^^^*(^Zfl~uiwBy 9dHer of^
^^^^^^^^^^^^ The CommissioneTr ofPoice^^^^^^^^^^^
^^^^^^^^^^^^Commonwe^^alth of The Bahamas^^
^^^^^^^^^^^^1. G. STH^UBBS WILL SELL^^^^^

(A) Brnd ne Blue odge urango- Yea: 200





LOC^^BATION: PlicelrainingTTCollege Grounds^^^^^^^^^
*^^^3Iff23akes Field^^^5^^^^^^^^^^

*i~ffll^ Nassau,,f Bahamas nrfiTifi^ ^^B
Time: 12:00 Non Frday- Spteber21 t, 00
^^^^^^^^KPreview nd InspcioBn fom1100ai^^^m.^^^^^
^01^^^^Until uction time at the site.,^^^^






requ~iH7ired, the same is o rfndbe
Any and all Notices or amendments ^^^^^^^^^^^^^^^^^^^^^^^^^^^B^^^^^^^B^^^^^^byA cine onsdAut n
Day whther ritte or vrblsaj^ll Bsupercde tis o anysubsquen
advertisement.^^^^^fl^^^|^^^

For further infor^^matfion coT[ntat I.G tubbs at 322-2028 or^


FRIDAY, SEPTEMBER 21, 2007, PAGE 5


THE TRIBUNE











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Students encouraged



to seek maritime iobs


WHILE the Bahamas ship
registry continues to grow, the
percentage of the Bahamian
work force employed in the
international maritime industry
remains low.
This was revealed by Minister
of Labour and Maritime Affairs
Dion Foulkes.
"It is this recognized defi-
ciency that led to the sponsor-
ship of the Maritime Cadet
Corp programme for students
in grades 10 through 12 by the
Bahamas Maritime Authority,"
he said.
Mr Foulkes added that anoth-
er programme in maritime stud-
ies was sponsored by the Min-
istry of Education for 10th and
llth graders at C R Walker
high school.
"I urge students to consider
enrolling in courses of study that
will lead them out to sea as cap-
tains, navigators and communi-
cations officers of oil tankers and
cruise ships," he said.


Mr Foulkes was addressing
the Rotary Club of Nassau'on
World Maritime Day.
As a member of the Interna-
tional Maritime Organisation
since the 1970s, he said, the
Bahamas has celebrated World
Maritime Day in various ways.
This year the organising com-


mittee has planned a church ser-
vice for this Sunday, at the
Church of God of Prophecy on
East Street, a four day exhibi-
tion at the Mall of Marathon, a
boating safety and oil spill con-
tainment at the Port Depart-
ment, and an appearance on the
TV show "You and Your Mon-
ey".
"I hope that everyone here
will attend some of these
events," Mr Foulkes said.
He said the activities serve to
highlight the importance that
maritime affairs has for the
Bahamas.
The minister pointed out that
despite being a small country,
the Bahamas has the third
largest ship registry in the
world.
"It is the government's plan
that the Bahamas Ship Registry
continues to grow at a faster
rate, while maintaining the high
quality standards that the
Bahamas is known for."


Minister urges care of environment


BAHAMIANS must do their
part to ensure that their chil-
dren inherit the planet in as
good condition as it is today
said Minister of Labour and
Maritime Affairs Dion Foulkes.
He was speaking on this year's
theme for World Maritime Day:
The International Maritime
Organisation's response to cur-
rent environmental challenges.
"As we all know, the major
threat to the global environ-
ment is the increase in green-
house gases which are emitted
by the combustion of fossil
fuels, namely coal, oil and gas,"


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Mr Foulkes told the Rotary
Club of Nassau yesterday.
"The IMO has not yet made
any protocols to cover the emis-
sion of greenhouse gases from
ships, but in 2003 an assembly
resolution on the reduction of
such emissions from ships was
passed," he said.
The minister said that anoth-
er issue that the International
Maritime Organisation seeks to
address is the transportation of
aquatic life-forms in the ballast
water of ships.
He explained that when this
water is pumped out at another


location, invasive species can be
introduced which may "wreak
havoc on a native ecosystem".
"Those of you who are regular
readers of the newspapers will
be reminded of the articles on
the lionfish, a species not native
to the Atlantic, which is now
being seen in Bahamian waters
including favourite beaches such
as Goodman's Bay.
"Not only is the lionfish ven-
omous, capable of delivering an
agonising sting if touched but
it also appears to enjoy feeding
on juvenile grouper," Mr
Foulkes said.
"The possible long-term
impact of the introduction of
the lionfish and other invasive
species to Bahamian waters can
only be imagined."
He added that in March 2006,
a convention for the protection
of the marine environment -
the 1996-Protocol to the 1972
Convention on the Prevention
of Marine Pollution by Dump-
ing of Wastes and Other Matter
- was passed
This convention outlined reg-
ulations for materials which
could be disposed of at sea.
S"Ladies and gentlemen, lest
we consider these problems too
great for us to address or too
trivial to merit our attention, let
us remember that one of the first
environmental conventions cre-
ated by the IMO was the Inter-
national Convention for the Pre-
vention of Pollution from Ships
known now as MARPOL, rati-
fied in 1973 and its protocol of
1978. This convention sought to
address the problem of pollu-
tion by oil, sewerage, and
garbage emanating from ships,"
Mr Foulkes said.
"According to shipping ana-
lysts, international shipping
increased by 135 per cent
between 1985 and 2006 but the
quantity of oil spilled decreased
by 85 per cent."


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PAGE 6, FRIDAY, SEPTEMBER 21, 2007


THE TRIBUNE


f-\














Call for a new location


for nation's capital

MP says Nassau has taken

Bahamas as far as it can
-------------- H ^ I ~ i


TH BAHAMAS'I


Il it our Hwch'ull' at 'ww.ctb.'ed.bs


MARSH Harbour, Aba-
co A senior FNM official
has called for a new loca-
tion for the nation's capi-
tal.
South Abaco MP and
Agricultural and Industri-
al Corporation (BAIC)
chairman Edison Key told
the Abaco Business Out-
look seminar yesterday that
the future of the Bahamas
lies outside New Provi-
dence.
"Nassau has taken the
Bahamas as far as it possi-
bly can," he said.
"Bay Street, specifically
downtown Nassau, has had
its day."
He said it is now the day
of another island, "and any
attempt by Nassau to
monopolise national devel-
opment funds chasing a
pipe dream can only be to
the detriment of national
development. It is like
pouring new wine into old
wine skins."
Under the theme
"Growth by design", Abaco
Business Outlook also fea-
tured deputy prime minis-
ter Brent Symonette, direc-
tor general of Tourism Ver-
nice Walkine, Chamber of
Commerce president Dion-
isio D'Aguilar, Abaco
Chamber of Commerce
director Chris Roberts and
Bahamas National Trust
executive director Eric
Carey.
Mr Key said that even if
downtown Nassau could.be
restored, with the cruise
and container ports oper-
ating virtually adjacent to
each other, "it would
remain as congested as ever
. since all roads in New
Providence seem to lead to
downtown Nassau."


He noted that tourism "is
taking a licking" because
tourists complain that
downtown Nassau is
"trashy."
"And yet we continue to
market that trashiness as
being among our top offer-
ings," he said.
"For it to continue to be
so promoted . can only
be to our detriment. It is a
turnoff to the tourists.
"Downtown Nassau of
days gone by is just that -
gone by. Like yesterday, it
is to return no more."
Mr Key said Nassau
should be cleaned up and
preserved for its historic
value with the buildings
housing the House of
Assembly, the Senate, the
Supreme Court, the library
and others, turned into
museums.
"A new location must be
fund for the political cap-
ital of the Bahamas," he
said. "New centres of com-
merce are needed. The
days when the Bahamas
comprised just Nassau are
over."
He suggested that young
industrious Bahamians in
New Providence start look-
ing towards the Family
Islands, especially if they
have claim to generation
property.
"Industrious household-
ers and their families will
never starve," he said. "The
land and the sea continue
*to provide abundantly.
"And I bet they would be
healthier and happier and
live much longer than if
they had stayed in New
Providence."
Mr Key said that under
his administration, BAIC is
placing increased focus on


the development of small
and medium operations and
cottage industries, ensuring
that the best business prac-
tices are adhered to.
"The time is now and the
urgency critical," he said,
"for BAIC to steer the
Bahamas toward a future
with true opportunities for
Bahamians.
"We spend an estimated
$500 million each year on
food imports," he noted.
"Imagine what would hap-
pen if we were to produce
just $200 million of that
each year. We would revo-
lutionise food production
inr the Bahamas.
"BAIC wants to make a
huge difference in the lives
of Bahamians. The barriers
which previously hindered
success must be removed at
once and the playing field
levelled.
"BAIC is putting all of its
resources in place to ensure
that small and medium-
sized enterprises take their
rightful place as drivers of
the national economy," Mr
Key said.


UNDER THE STARS

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Saturday September 29 2007
Dinner 7:00 P.M. (Gala Ticket Holders) : Concert Begins 8:00 P.M.
Wyndham Nassau Resort
Cable Beach Nassau Bahamas
FEATURING


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sponsorship opportunities and
Includes Gala Concert and Dinner further information, please call
Office of Communication
General Admission $50 at telephones
302-4304/4353/4354/4366

























Executive Producer Patricia Glinton-Meicholas
Show Producer Roscoe Dames "Mr Jazz"


--m


FRIDAY, SEPTEMBER 21, 2007, PAGE 7


THE TRIBUNE















Time to tackle teenage pregnancy


Now Brenda's belly is getting
bigger
But no-one seems to notice
any change in her figure
She's 12 years old and she's
having a baby
In love with the molester,
who's sexing her crazy
nExcerpt from the song
'Brenda's Got a Baby' by Tupac
Shakur

The social issues we now
face in The Bahamas
are due, in part, to the large
number of children having chil-
dren.
Teenage pregnancy is a major
contributing factor to the social
disintegration our country now
faces.
SIn the Bahamas, we are shift-
ing from one generation to
another too speedily, thus cre-
ating a nation of poorly
socialised, ill-mannered brats
who are disgruntled and intent
on ruining any thread of public
harmony.
The term teenage pregnancy
refers to any young teen girl
who falls pregnant during her


adolescent years.
Teenage pregnancies carry a
social stigma, lead to poorly
educated adults, increase pover-
ty and harmfully affect the lives


Many
schoolgirls from
adverse family
environments
seek the
affections of
older men, who
are usually
sought to fill a
void left by an
absentee father.

of children being born.
In a report by the Save the
Children organisation, it was
found that every year, about 13
million children (worldwide) are
born to teen mothers, primarily


in developing countries.
How can values be taught
when there are 20-year-old
mothers with children in pri-
mary school? Our national con-
science is surely in smithereens
when we now have 32-year-old
grandparents and it is being
seen as normal due to the fre-
quency with which it's happen-
ing!
Today, our country is plagued
by a spree of abhorrent crimes
and senseless murders, most
likely due to an absence of role
models, poor social skills and a
lack of values.
How can ethics be taught
when many of the children born
are being parented by boorish
youngsters? How many children
in this country today are born in
wedlock?
The recent spate of violence
at our public schools is another
'example of our society's failure
to confront many of the under-
lying social problems, instead
of simply choosing to talk about
a problem as a reactionary mea-
sure but hardly ever putting for-
ward any tangible solutions.
It appears that many Bahami-


ADR I AN

ans believe that if an issue is
not directly affecting them, why
care? Why not take a proactive
approach rather than a reactive
one, confronting a problem
before it arises rather than when
it arrives at "our doorsteps"?
Issues such as teen pregnan-
cies, gang-banging and any oth-
er misdeeds, stem from a break-
down in the family, a lack of
supervision, external influences
and an erosion of our moral
code.

n the Bahamas, there is
usually a considerable age
discrepancy between an ado-
lescent girl and the man who
impregnates her, as the preda-
tor is typically in his late 20s or
much older.
Many schoolgirls from


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adverse family environments
seek the affections of older
men, who are usually sought to
fill a void left by an absentee
father.
Locally, it's assumed that
many of the men engaging in
relationships with underage girls
are those that interact with
them daily, such as bus drivers,
neighbours and even some pro-
fessionals who ensnare them
with money or the idea of riding
in a posh vehicle.
Some Bahamians would be
surprised by the number of
young girls that are enticed by
men driving cars with flashy
rims and a loud sound system!
When it comes to protecting
teenage girls from predators,
the legal protections against sex-
ual abuse and statutory rape
must be stiffened, a database of
paedophiles and sex offenders
must be established, ankle
bracelets tracking these preda-
tors must be used, and some
good old fashioned parental
love would go a long way.
Teenage pregnancy is a social


In the Bahamas,
children born to
teen mothers are
often poor
academic
performers,
social deviants
and high school
dropouts.


epidemic that, if not addressed,
could further ruin our society.
Through better sex education,
community and parental sup-
port, incidents of teenage preg-
nancy can be curbed.
In the United States, schools
are encouraging abstinence and
certain community and religious
groups promoting virginity
pledges.
In Holland, sex education is a
part of every school's curricu-
lum, the media advances public
discourse and the health-care
professionals pledge to be pru-
dent and discreet about such
matters. Why can't we do follow
the same model here?

n the Bahamas, children
born to teen mothers are
often poor academic perform-
ers, social deviants and high
school dropouts.
Without positive influences


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THE TRIBUNE


PAGE 8, FRIDAY, SEPTEMBER 21, 2007


and constructive intervention,
it is very likely that the daugh-
ters of teen mothers will
become adolescent parents
themselves and that the sons of
teen mothers will, more often
than not, serve time in prison.
The children of teen mothers
or households with absentee
fathers are the ones who are
today problematic, community
nuisances with behavioral
issues that began during their
formative years.
Bahamians must cease glo-
rifying hoodlums and politi-
cians, instead rejecting any
morally bankrupt "baby-kisser"
(politician) who, through cor-
rupt practices, fighting and
sweethearting, has already set
poor examples for our society.
The social.crisis is further
deepened by certain greedy,
sweet-hearting charlatans who
parade about society claiming
to be pastors and religious men,
preaching one message from a
pulpit but living shady lives.
During the time of my grand-
parents, murders were rare and
when a murder occurred, it led
to community-wide mourning.
Gone are those days, as vicious
crimes have become ever fre-
quent occurrences that Bahami-
ans seem to have become casu-
ally accustomed to!
The collapse of our society
will only be overturned when
children are cultured and again
taught that manners and respect
will take you throughout the
world!
THE US WILL NEVER
TAKE THE BAHAMAS
OFF THE 'MAJORS LIST'
FOR ILLICIT DRUGS!

O nce again, the
Bahamas has been
placed on the Majors List (top
20 countries) for illicit drug-pro-
ducing or drug-transit countries.
Although US narcotics offi-
cials say that the Bahamas is
fully co-operating with their
efforts to combat drug-traffick-
ing, the Bahamas is never
removed from this list.
Since US-bound cocaine
passing through the Bahamas
has seen a 60-plus per cent
decrease since the seventies and
eighties, the Bahamas should
be commended for its efforts.
Even more, if it was not for
the neurotic demand for drugs
by American consumers and
the geographical location and
composition of this country, the
drug trade here would be on a
much smaller scale. So, who is
really to blame?
Future consideration must
be given to removing the
Bahamas from the majors list,
particularly since the Bahamian
government and law enforce-
ment agencies tenaciously co-
operate with their US counter-
parts on drug detection and
extradition matters.
ajbahama@hotmail. corn


II.















Minister opens conference commemorating


abolition of the trans-atlantic slave trade


THE Conference to com-
memorate the 200th anniversary
of the abolition of the transat-
lantic slave trade was officially
opened yesterday by Minister of
Education, Youth, Sports and
Culture Carl Bethel.
The conference is being held at
the Wyndham Nassau Resort
under the theme: "Slavery, abo-
lition and emancipation:
resources, research .and educa-
tion in Caribbean museums".
It was organised by the United
Nations Educational, Scientific
and Cultural Organisation
(UNESCO), the Bahamas
National Commission for
UNESCO, the Commonwealth
Association of Museums and the
Bahamas' Antiquities Monu-
ments and Antiquities Corpora-
tion.
Through the conference,
organizers say. they are seeking
to educate the public about the
histories and legacies of the
transatlantic slave trade.
Mr Bethel said he was pleased
to participate in the opening of
the conference, and asked his
audience to appreciate how far
"we as a people" had come as
they journeyed into the past
through various lectures, stories,
displays, songs and presentations
on slavery.
The minister explained that
over the hundreds of years that
the transatlantic slave trade
endured, more than 12 million
Africans were removed and
transported thousands of miles
and condemned to lives of servi-
tude from which their masters
profited.
He noted that even though this
subjugation of millions for profit
was wrong, it took more than 400
years for an international political
reaction to take place.
Mr Bethel noted that the pas-
sage of the Abolition Act by the
British Parliament and its enact-
ment by Royal Assent on March
25,1807 along with the efforts of
the Quaker Religious sect in Eng-
land, English parliamentarians
including William Wilberforce,
and many African slaves who
revolted, still was not enough to
halt slavery in its entirety.
It was not until 1827 that
Britain declared that participa-


tion in the transatlantic slave
trade was an act punishable by
death, he explained.
Mr Bethel commended the tal-
ented and knowledgeable nation-
al and international presenters,
whom he said were responsible
for the existence of a more com-
prehensive appreciation of the
workings of slave-based
economies in the New World and
of the role played by slavery in
the creation of the world's first
system of multinational produc-


Beatrice


tion for what emerged as a mass
market.
This slave-produced market,
he said, included sugar, tobacco,
coffee, chocolate, dye and rice,
among other goods.
Mr Bethel said he was happy
to see that one of the main focus-
es for the conference is on chil-
dren with discussions on issues
including education and social
development.
The minister told the audience
that no matter the colour of one's


"Mama Bea" Grant


You left but your memories are here with us.
Loving you and understanding your advice more each
day.

In death's dark veil I fear no ill with thee, Dear Lord
beside me; Thy rod and staff my comfort still
Thy cross before to guide me.

Memories: Husband Clinton, sons: Kerrington, Kendal,
Ethric and Wellington: Family and Friends


skin, ethnicity or nationality, we
all belong to the human race and
are all brothers and sisters.
Also bringing remarks was Dr
Kwame Boafo, UNESCO direc-
tor and representative for the
Caribbean, who said that for him,
organising the conference
brought mixed emotions because
it reminded him of how Africans
were stripped from their families
and shipped across the Middle
Passage to lands unknown to
them.


He said that slavery was a bru-
tal system that persisted for
around 400 years, and even
though the conference events
centre on the abolition of the
transatlantic slave trade, it must
remind all in attendance of a
"most heinous" violation to
human rights.
Dr Boafo added that they must
also remember that it showed the
capacity of human beings to tran-
scend and overcome trials and
adversity.


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FRIDAY, SEPTEMBER 21, 2007, PAGE 9


9~, .i' '
(x:-;'


"VI. ,


THE TRIBUNE











PAGE 10, FRIDAY, SEPTEMBER 21. 2007 THE TRIBUNE


SEPTEMBER 21, 2007


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

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I


PAGE 10, FRIDAY, SEPTEMBER 21, 2007


THE TRIBUNE












Convicted murderer



in Court of Appeal


FROM page one
Farrington's attorney
Wayne Munroe, assisted by
Alex Morley, made submis-
sions yesterday before Presi-
dent of the Court of Appeal
Dame Joan Sawyer. along with
Justices Lorris Ganpatsingh
and Emmanuel Osadebay.
Bernard Turner, Director of
Public Prosecutions, appeared
on behalf of the Crown.
Mr Munroe argued that tri-
al judge, Senior Justice Anita
Allen, erred during Farring-
ton's criminal trial proceed-
ings by not allowing the
defence to include material
relating to the murder of four
boys in Grand Bahama, which
Farrington is accused of com-
mitting.
He stated that by not allow-
ing this material before the
jury, Justice Allen did not
allow the accused to put forth
a full defence of diminished
responsibility.
Diminished responsibility is


an abnormality of the mind
which requires a medical diag-
nosis on the state of the mind,
Mr Munroe explained.
He, added that the murders
of the four boys in Grand
Bahama was probative to Far-
rington's defence.
Dame Joan countered Mr
Munroe, saying that as Far-
rington had never been
brought to trial on the mur-
der of the four boys, introduc-
ing the matter into a separate
murder trial was irrelevant and
therefore inadmissible.
Mr Munroe argued that not
allowing the evidence relating
to the murders of the four
boys prevented the jury from
getting a "complete picture"
of Farrington, as it was rele-
vant to demonstrating the full
scope of Farrington's mental
state.
Romona Farquharson, Far-
rington's defence during his
criminal trial, argued that her
client was insane. She asked
the jury to consider two


defences, provocation and
diminished responsibility.
Farrington was sentenced to
death by Senior Justice Anita
Allen in October, 2006.
In her judgment, Justice
Allen said she was satisfied
beyond reasonable doubt that
the appropriate sentence for
Farrington was death.
Mr Munroe asked the Court
of Appeal to weigh three
options: either vacate the mur-
der conviction based on the
fact that the trial was unfair
to the accused, reduce the ver-
dict to manslaughter, or sub-
mit the case for re-trial.
He also argued that the
imposition of the death
penalty without statutory
framework was unconstitu-
tional.
After a lengthy submission
by Mr Munroe and discussions
between the justices, the
appeal hearing was adjourned
to October 17 and 18 when the
prosecution is expected to
make its submissions.


Daniel Smith death inquest 'likely

to last for a couple of months'


FROM page one
Mr Gomez said the Bahamian courts have also
decided to give this inquest priority due to the
international interest the case has received.
The chief magistrate said he does not expect the
continuation of the inquest to excite the same
level of media frenzy which surrounded the start
of the case.
"We don't envisage that we will have the crowd
that we did because it's slowed (down) right now,
the last couple of times only one reporter showed
up," he said.
However, should more international press and
spectators arrive than expected, he added, special
arrangements will have to be made.
"I got a call, not long ago, from the British
press saying they will be sending someone over, so
there will be some more interest, I guess, but I


don't think it will be as crowded as it was the
last time," he said.
Mr Gomez said the list of witnesses expected to
take the stand in this case is still around 35.
Of those witnesses, the international press is
most eagerly awaiting the testimony of Howard K
Stern, lawyer and partner of the late Playboy
Playmate.
Mr Gomez said that because so many of the
witnesses live abroad it will be a challenge to
schedule court dates and could prolong the
inquest.
The all-female jury originally sworn in when the
inquest first began in April was dismissed on
Wednesday and a new one will be sworn in on
October 30, Mr Gomez said.
Daniel died on September 10, 2006, of a drug
cocktail while visiting his mother in Doctors Hos-
pital just three days after the celebrity had giv-
en birth to daughter Dannielynn.


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The Tribune

NrV 11/0a N# Af,% .'l/


~__~___I_ __


THE TRIBUNE


FRIDAY, SEPTEMBER 21, 2007, PAGE 11













Two in court over the

* 6 murder of Shawn Evans


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FROM page one

yard next to his home in the
southern area of Pride Estates.
The men were arraigned yes-
terday in Magistrate's Court
One, Bank Lane, under heavy
police escort, in front of Chief
Magistrate Roger Gomez.
As the accused stood-in'the
dock, Mr Gomez read the
charge and advised both men
that they were not required to
enter a plea at that time.
A preliminary inquiry was
then ordered by Mr Gomez to
determine whether there was
enough evidence for the case to
proceed to trial.
The men only spoke during
the proceedings to declare their
names when asked by the mag-
istrate, and to answer 'yes' to
the court when Mr Gomez
asked if they understood the
charge.


iri


.-



Magistrate Gomez denied
bail to both accused, remand-
ing them to Her Majesty's
Prison.
The hearing lasted about 15
minutes and neither man was
represented by counsel. Octo-
ber 4 was set for the prelimi-
nary inquiry.


Sentenced to death
FROM page one
claiming that the crime should not be ranked among the worst
of murders.
However, Justice Allen rejected this argument in her sen-
tencing of Watson. The attorney said he would appeal the deci-
sion.
Roger Watson is the third man to be sentenced to death
since the Privy Council in London ruled that mandatory capital
punishment in Bahamas murder cases is unconstitutional.
Sentencing in all murder cases is now at the discretion of
the sitting Supreme Court judge.

Wilchcombe slams
'decision to evict those left

homeless after hurricanes'


FROM page one
He accused the government
of assuming the role of a
'vicious villain" who is darken-
ing "the road to recovery and
opportunity".
"When you impose naked,
aggressive, haughty and arro-
gant power upon vulnerable
human beings you are a terror-
ist against mankind whose aim
is to desecrate the ancient
teachings that we are to be our
brother's keeper, we are to feed
the poor, clothe the naked, heal
the sick and bring peace to
every heart," the MP said.
However, Mr Russell dis-
missed Mr Wilchcombe's
claims, saying that'the MP
"knew better".
He said a responsible gov-
ernment could not in good con-
science keep the park open as
conditions there had caused the
area to become a "run down
dump".
"We could no longer keep
people there in such poor stan-
dards. The former administra-
tion decided that they would
put the temporary housing
there for hurricane victims.
Now there are persons living
there who are not even hurri-
cane victims," Mr Russell said.
The government served for-
mal notice on Thursday last
week that the government's
expectation is to have them


leave the trailers by September
28.
Mr Wilchcombe said that,
two working days later, as an
act of "intimidation", the gov-
ernment instructed that the
power be turned off.
"I demand that the electricity
be reconnected. The residents
of the trailer homes, women
and children, will not spend
another evening without elec-
tricity or without food. I will
not sit idly by and allow these
people whose lives are broken
to suffer," the MP said.
However, Mr Russell said the
assertion that the government
cut the electrical supply to the
trailer park was simply not true.
"I don't know why the elec-
tricity went off but why would
the government turn off the
electricity before the time the
people were to leave the area?"
Mr Russell asked.
Power was returned to the
area and Mr Wilchcombe cred-
itedSir Albert Miller for that.
Mr Russell said that persons
have been residing in the tem-
porary homes for too long and
it's now time to move on.
"All of those persons who
were given commitments by the
previous administration we
intend to honour them. Nothing
has changed in relation to that.
However, we still have persons
living there who were not vic-
tims of those hurricanes," the
minister said.


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~';i~-~-;i~fCT7=~j;~-Cs-P-~------~ ~TdX~a~ a7ji~I~: ~ Y~r


- THE TRIBUNE


PAGE 12, FRIDAY, SEPTEMBER 21, 2007


:......... ...~-I ~..











FRIDAY, SEPTEMBER 21,2007


SECTION _


sum


business@tribunemedia.net






Chinese venture could place





Freeport 'on par' with Panama


* Investment by CITIC conglomerate 'very much alive and business plan close to completion', placing Grand Bahama equal wi h Colon Free Trade Zone
International Distributors warehouse completed and set for October 26 opening, with two expansion phases to come
But unable to supply Bahamas from Freeport, adding 'unnecessary costs' for retailers and consumers


* By NEIL HARTNELL
Tribune Business Editor

Major investment by a
C h i n e s e
electronics/industrial
conglomerate in Grand
Bahama was yesterday
said to be "very much alive and a busi-
ness plan very close to completion",


with the project holding "unlimited
Possibilities" that place Freeport "on a
par" with Panama's Colon Free Trade
Zone.
Roy Deffler, president of Interna-
tional Distributors of Grand Bahama,
the Associated Grocers subsidiary that
is due to open its 86,542 square foot
distribution warehouse at the Sea/Air
Business Centre on October 26, con-


firmed that he had met the president of
Chinese conglomerate CITIC in June
this year.
The pair signed the agreement
between International Distributors and
CITIC then, and Mr Deffler said: "I
can confirm that this project is very
much alive and a business plan is fairly
close to completion.
"This project has unlimited possibil-


ities for all concerned. If fully imple-
mented, it could transform Grand
Bahama into a major player in the glob-
al marketplace, and it could very quick-
ly be on a par with the Free Trade
Zone in Panama. The Bahamian hotel
industry would certainly benefit, as well
as all other service providers through-
out the nation."
Although the details of the latest pro-


posal are not known, the original
CITIC plan involved the construction
of warehouse and distribution facilities
at the Sea Air Business Centre.
The complex would act as a 'buyers'
emporium' for the Western Hemi-
sphere, attracting potential purchasers

SEE page 4


Bahamas firms

urged to be 'first

movers' into China


* By NEIL HARTNELL
Tribune Business Editor
BAHAMIAN businesses
were yesterday urged to be
"first movers" in seeking out
trade and investment oppor-
tunities with China, the Cham-
ber of Commerce's executive
director warning that this
nation already faced stiff com-
petition from its Caribbean
neighbours in attempting to
attract this commerce.
Philip Simon, who was part
of the Bahamian delegation to
the second China-Caribbean
Economic and Trade Cooper-
ation Forum, said the possi-
bilities for establishing trade,
investment and economic ties
with China were limitless.
But he warned that to max-
imise this potential, Bahamas-
based and owned companies


needed to be proactive by

SEE page 4


Bahamas 'may have to revisit economic model'


* By NEIL HARTNELL
Tribune Business Editor

THE Bahamas "may have to
revisit our current economic
model" due to the internal and
external forces impacting this
nation, the Chamber of Com-
merce's executive director sug-
gesting yesterday that it may
have to target cultural/heritage
tourism and new markets such
as China to reverse the "slip-
ping" industry product.
Philip Simon told The Tri-
bune: "We have all admitted
that the tourism product has
been slipping. The numbers
have been contracting over the
last few years and growth, for
whatever reason, is not there.
"There are things we can do
internally, increasing our room
capacity and bettering the prod-
uct. Yes, we can do all those
things. But at the same time, we
have to make an effort to
encourage more visitors to come
here, especially from large,
growing markets like India and
China."
Mr Simon described the
Bahamian economy as current-
ly "marking time" and "stag-


Nation urged to focus on 'improperly packaged' cultural/heritage
offering and new markets to reverse 'slipping tourism product'


nant", as the business commu-
nity waited to gain a sense of
direction from the new govern-
ment on its economic and
investment policies.
It was also waiting to see
whether a number of invest-
ment projects, especially the
proposed $2.4 billion Baha Mar
redevelopment of Cable Beach;
the $1.3 billion Albany Golf &
Beach Club; and the $867 mil-
lion South Ocean project, would
receive final government
approval and move ahead.
"I think we may have to do
some things differently, and
explore places that we have not
gone to before," Mr Simon
added.
"We will maybe have to revis-
it our current economic model,
and see how we can maximise
the path we have chosen.
"Tourism can still be diversi-
fied, and there are tremendous
opportunities in that industry. I
see them every time I travel.


Heritage and cultural tourism is
the fastest growing, number one
segment in the tourism indus-
try, but here in the Bahamas and
the region it is largely untapped
because we have not packaged it
properly."
Mr Simon said the Bahamas
needed to foster a culture of
entrepreneurship to ggow its
economy,_alpkjng small busi-
nesses survive and mature, and
creating a greater sense of own-
ership and empowerment
through an efficient regulatory
system, incentives and capital
availability.
Mr Simon added: "I believe
the key to any economy is the
vibrancy of its cash flow posi-
tion. If cash is flowing between
many hands, that's a sign of a
healthy economy.
"I'm always a proponent of
economic entrepreneurship, and
even though seven or eight out
of every 10 businesses fails with-.
in the first three years, the more


attempts at entrepreneurship
there are, the more entrepre-
neurs we will end up with."
To achieve this, Mr Simon
said the Bahamas had to exam-
ine "the ability to get into busi-
ness, the ability to finance your
business, which means there has
to be capital available and rela-
tively inexpensively.
"The systemaof regulation has
to be efficient enough to ensure
there is no deterrent to getting
into business, and there has to
be business incentives to get
people into business and keep
them in business.
"We have to allow market
forces as much as possible to
steer growth, and where assis-
tance is needed, provide assis-
tance," Mr Simon added.
"In developing countries,
there have to be incentives
through government policy or
other avenues to give people a
chance to compete on a level
playing field."


BAIC chair calls for new

'centres of commerce'


THE Bahamas Agricultural
and Industrial Corporation
(BAIC) chairman yesterday
urged young Bahamians to look
towards the Family Islands for
investment opportunities, say-
ing food production in this
nation would be "revolu-
tionised" if the agriculture sec-
tor could produce $200 million
worth of produce per year.
Edison Key told the Abaco
Business Outlook seminar that
young Bahamians in New Prov-
idence should start looking
towards the Family Islands,
especially if they have claim to
generation property.
"Industrious householders
and their families will never
starve," he said. "The land and
the sea continue to provide
abundantly.
"And I bet they would be
healthier and happier and live
much longer than if they had
stayed in New Providence."
' "We spend an estimated $500
million each year on food
imports," Mr Key added.
"Imagine what would happen if
we were to produce just $200
million of that each year. We
would revolutionise food pro-
duction in the Bahamas.
"BAIC wants to make a huge
difference in the lives of
S Bahamians. The barriers which
previously hindered success
must be removed at once and
the playing field levelled.
"BAIC is putting all of its
resources in place to ensure that
small and medium-sized enter-
prises take their rightful place
as drivers of the national econ-
omy."
Mr Key called for a new loca-
tion for the Bahamas' capital,
insisting: "The future of the
Bahamas lies outside of lNew
Providence island. Nassau has


taken the Bahamas as far as it
possiblycan.
"Bay Street, specifically
downtown Nassau, has had its
day. Its day has passed. Now is
the day of another island, and
any attempt by Nassau to
monopolise national develop-
ment funds, chasing a pipe
dream, can only be to the detri-
ment of national development.
It is like pouring new wine into
old wine skins."
SEven if downtown Nassau
could be restored, with the
cruise and container ports oper-
ating virtually adjacent to each
other, "it would remain as con-
gested as ever...since all roads
in New Providence seem to lead
to downtown Nassau".
Mr Key said tourism "is tak-
ing a licking" because tourists
complain that downtown Nas-
sau is "trashy."
"And yet we continue to mar-
ket that 'trashiness' as being
among our top offerings," he
added.
"For it to continue to be so
promoted...can only be to our
detriment. It is a turnoff to the
tourists.
"Downtown Nassau of days
gone by is just that gone by.
Like yesterday, it is to return
no more."
Downtown Nassau should be
cleaned up and preserved for its
historic value, with the build-
ings housing the House of
Assembly, the Senate, the
Supreme Court, the library and
others, turned into museums,
Mr Key said.
"A new location must be
found for the political capital of
the' Bahamas," he said'. "New
centres of commerce are need-
ed. The days when the Bahamas
comprised just Nassau are
over."


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THE TRIBUNE


PAGE 2B. FRIDAY. SEPTEMBER 21. 2007


Be diligent and careful on business acquisitions


f you decide that start-
ing a business from
scratch is too much for
you, then one of your
options will be to buy an
existing business. The advan-
tage is that you can avoid the
whole start-up process by


buying an existing business
lock, stock and barrel. But the
process is rather lengthy and
time consuming, too, and
there is no guarantee of suc-
cess.
Buying a business will take
a lot of your time, so make


sure it does not detract from
your every day activities.
Whatever you do, don't do it
alone. You will need the help
of a competent accountant
and lawyer to help you. So,
what are the steps you should
follow for acquiring a busi-


UI I


ness?
The first step is to Choose
Your Area. The industry or
market you want to buy into
is important. Make sure it is
an area where you have expe-
rience, or strengths that will
give you a competitive advan-
tage. You are going to spend
a lot of time in this area, so
make sure you are going to
enjoy your work.
The second step is to
Inform Yourself. Getting as
much information about the
type of business you want to
buy is crucial. You can get
information from your Cham-
ber of Commerce, local busi-
ness development agency, or
by approaching competitors
and talking to them. Try call-
ing a competitor in another
region or country and inter-
view them. You would be sur-
prised at how willing they are
to answer your questions and
give you tips of the trade.
The third step is to Locate
Your Business. There are
normally three ways to find a
business for sale. Word of
mouth, specialist publications
that advertise business oppor-
tunities, and consultants and
agents who specialise in the
sale of businesses by earning
a commission though a suc-
cessful sale.
The fourth step, once you
have found a business you
want to buy, is to Review
their Business Records. Your
accountant will normally do
this for you even if you are
financially literate. Get your
accountant to look at the last
three year's accounts and
explain the pertinent issues.
Are there any strange and
unusual trends? Are some of
the ratios out? Your accoun-'
tant will advise you on mater-
ial issues and can provide you
with the questions to ask the
seller.
The fifth step is to Value
the Business. This is normally
done on a multiple of earn-
ings, or on the asset values.
The asset value generally is a
sum of the value of stock, fix-
tures and fittings, machinery
and equipment, and goodwill.
If there is stock, you should
determine the method of val-
uation and organise a stock






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IA

take as part of the due dili-
gence process. You would be
surprised how quickly stock
can get out of date, be dam-
aged or obsolescent. Valua-
tion of the other assets is nor-
mally straightforward, apart
from goodwill, which is often
subjective. Your accountant
will be able to advise you on
this area.
The value of the business,
to some extent, will depend
on external factors the will-
ingness of the seller to sell,
and how close the seller is
related to the transaction.
Owners often have unrealistic
expectations as to value, as
they often have their lives
emotionally invested in the
business

Step

The sixth step is to Negoti-
ate a Price. This is where
your negotiation skills are
going to be useful. If you are
weak in this area, get some-
one to negotiate with you.
Make the price subject to due
diligence, as this will allow
you to pull out of the transac-
tion if you find anything unto-
ward.
The seventh step is to
Decide between Assets or
Shares. The decision to pur-
chase assets or shares in a lim-
ited company is an important
consideration. If you buy the
shares of the business, you
will be inheriting all liabilities,
known or unknown, with the
business. Most professional
purchasers usually try to buy
the assets, rather than the
company itself.
The other consideration
will be whether to buy by way
of merger, as this method can
often avoid taxation issues. A
good accountant will be able
to advise you fully.
The eighth step is to Sign
the Agreement. The agree-
ment for sale or merger will
normally outline what you are


2006/COMicom/00033


IN THE MATTER OF THE COMPANIES ACT CHAPTER 208 SECTION 280
MARK TROENDLE


and
TRACY TROENDLE


Applicants


and
GRAPE TREE SEASIDE VILLAS LTD. First Respondent


and
CARMELCARON


Second Respondent


NOTICE OF. UDGEMENT

Dated Thursday, the 13th September, A.D. 2007
IT IS THIS DAY ADJUDGED that it has been Ordered by HIS LORDSHIP
THE HONOURABLE JUSTICE, JOHN LYONS of the Supreme Court
of the Commonwealth of The Bahamas that Judgement he made in
this suit against Carmel Caron, the Respondent herein of Blackwood
Abaco, The Bahamas.
CAMBRIDGE LAW CHAMBERS
Attorneys for the Applicants
Chambers
10 Deveaux Street
Nassau, The Bahamas

I I


buying, what you are paying
for it, when you are going to
pay for it, and any other
financial considerations, as
well as "subject to contract"
clauses that will allow you to
cancel the transaction if cer-
tain criteria are not met.
Make sure your lawyer drafts
or approves the agreement
before you do.
The ninth step is to Per-
form Due Diligence. This is a
crucial area, and your accoun-
tant will normally have ready-
made forms for you. Due dili-
gence will cover a wide area,
and the onus will fall on the
seller to provide the informa-
tion. Your task will be to take
off your rose-tinted glasses
and take a hard, cynical look
at the business you are buy-
ing.
Ask yourself whether mar-
ket conditions look
favourable. Is there some-
thing on the horizon that you
don't know about? Ask your-
self why this business is for
sale? If it has potential, why
isn't the owner selling it to
management? Why is it not
being sold to family or close
associates? Why is he not
appointing a manager to run
it? Be clear about the reasons
for sale, as not everything is
what is seems.
Buying a business is not for
the faint-hearted. Don't be an
antipreneur and forget to fol-
low the nine steps outlined
above. Buying a business is a
long, drawn out and compli-
cated procedure if done prop-
erly. So, in order to avoid the
trap of antipreneurship, make
sure you understand what it
will take to ensure the pur-
chase will bring dividends for
your future business success.

NB: This column is avail-
able as an eBook at
www.antipreneurship.com
Mark draws on 20 years of
top level business, marketing
and communications experi-
ence in London and the
Bahamas. He is chief operat-
ing officer of www.ezpze-
mail.com, currently lives in
Nassau, and can be contacted
at markalexpalmer@mac.com
Mark Palmer. All rights
reserved


Commonwealth of The Bahamas
IN THE SUPREME COURT
Commercial Division
Between


7VNe', Investment
Opportunities!


KING'S
REAL ESTATE


Indigo Investment Opportunity
A unique opportunity to own 5 adjacent lots in this quaint gated
community Each lot measures 60 ft x 130 ft zoned for 15 units.
Amentiies include double tennis court and swimming pool. Was
$650,000, now reduced b $550,000 for quick sale.

Lot *70 Hope Town, Abaco Land for Sale
Large lot located less than 300 ft from the beach with partial ocean
views. Priced to sell at $285,000

Orange Hill West Bay Street Land for Sale
17.2 acres of superb oceanfront in the most desirable location on
the island Ideal for a high-end condo development or a class "A"
office/financial centre. Offered at $7 500 000

Gilingam House, Montague Class "A" Office Space Avaiab
Top floor comprises of 2,562 sq ft of leasable area and 1,108 sq
ft of common leasable area totalling 3.670 gross sq ft. ease is $32
per*sq ft with CAM charges being $12 per sq ft. This floor is being
leased with parlial office furnishings.

Contact Kingsley Edgecombe for more information.
Ph: 242 394 4397 / klngsley@kingrealty.com


Gllngam House, Montague, 14 Eost lay Sket
P.O.Box N 10414, Nassau, The Bahamas


-"- --) ~I


MM9


'31 1 I I I L-r~s


17 BUSINESS


.~B~bvll










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'Sooner the better' on China visa solutions


a By NEIL HARTNELL
Tribune Business Editor

ness community's
attitude towards the
Government's
efforts to solve problems relat-
ing to the issuance of visas for
Chinese travellers is "the soon-
er the better", The Tribune was
told yesterday, the business
community having advocated
that those with valid US, UK
and Canadian travel documents
be allowed to come here.
Philip Simon, the Bahamas
Chamber of Commerce's exec-
utive director, said the contin-
ued two to three-month time
lags being experienced by Chi-
nese travellers between their
visa application and receipt
threatened to hand a competi-
tive advantage to this nation's
Caribbean competitors.
Zhivargo Laing, minister of
state for finance, told The Tri-
bune earlier this week that the
Government was moving to


establish consular facilities at
the Bahamas Embassy in Bei-
jing in "as reasonable a time" as
possible to eliminate this
bureaucracy and red tape.
Currently, visas for travel to
the Bahamas that are issued to
Chinese nationals are handled
through the British diplomatic
mission in China.
"We had discussions with the
minister on this," Mr Simon
confirmed, having just returned
from the second China-
Caribbean Economic and
Trade Cooperation Forum,
held in Xiamen, China.
"My response is: the sooner,
the better. Let's work expedi-
tiously to solve the visa granting
to Chinese travellers.
"With a business culture
based on relationships and per-
sonal interaction, results can
only be achieved in person.
Whether we go to China or
they come here, it's predicated
on having a 'physical touch'
approach."
Mr Simon warned that unless


the visa issue was resolved, it
could give the Bahamas'
Caribbean rivals an advantage
in attracting Chinese tourists
and commerce.
"Let's be the first mover in
this area," Mr Simon said.
"There are other regional
markets that will certainly be
moving expeditiously to seek
out and attract Chinese tourists
and businessmen to their mar-
kets, so we certainly don't want
to be lagging behind the com-
petition.
"The suggestion was that if
a Chinese person has a US,
Canadian, UK visa, why
shouldn't they be able to use
them to come to the Bahamas
as well? But that's a decision
the Government has to make,
and we're encouraging them to
do so. We will certainly work
along with them to make that
happen."
While in China, the Bahamas
Chamber signed a co-operation
agreement with the China
Council for the Promotion of


International Trade, Fujian
Sub-Council.
The agreement aims to facil-
itate trade missions between the
two parties, provide education
and training, and assist compa-
nies in both countries to estab-
lish trade and investment part-
nerships.
Mr Simon confirmed that the
Chamber of Commerce was
planning a trade mission to Chi-
na for next year, a visit that
would take place in conjunc-
tion with the Bahamas-China
Friendship Association.
The mission was likely to
take place in either the last two
weeks of April or October to
coincide with the Canton Trade
Fair.
The Bahamas Chamber of
Commerce also signed up to
the Xiamen Declaration by the
China-Caribbean Joint Busi-
ness Council, an arrangement
also aimed at promoting trade
and investment through greater
collaboration between the two
regions.


Attention: Vice President, Marketing


UU


Shieraton
Cable Beach
R ESO)RT

The new 700 room Sheraton Cable Beach Resort, Nassau, The Bahamas is lookingfor


CREDIT MANAGER

The qualified candidate must be able to direct and coordinate
the activities of employees engaged in conducting credit
investigations, billing guests and collecting delinquent
accounts.

Essential Functions:

Supervise Accounting Assistants regarding accurate
and timely billing of group master accounts;
Review and approve credit data on incoming groups;
set up individual direct billing requests.

Skills / Abilities

Excellent communication skills, both verbal and
written;
Prepare and analyze data, figures and transcriptions
prepared on and generated by computer;

Qualifications & Experience

A minimum qualification is a High school graduate
or equivalent education is required. A Bachelor's
Degree is preferred.
At least 3 years accounting experience, plus two
years supervisory experience.

Qualified applications are invited to forward their resume
to:

The Human Resources Director
at barbara.barnes@sheraton.com
All resumes will be held in the strictest of confidence


NAD
Nassau Airport
Development Company

Invites Tenders for providing


Public Relations

AT

LYNDEN PINDLING INTERNATIONAL AIRPORT

In keeping with NAD's objective to develop and maintain a world class gateway
to The Commonwealth of The Bahamas,

Proponents shall:

a Be fully Bahamian owned & operated
o Be holder's of a current business license
a Demonstrate the ability to fulfill the requirements
set out in NAD's official Request for Proposal.
a Show a track record of commitment to service
with excellence
o Have experience in graphic design, strategic
marketing & media relations
a Provide assistance outside normal business
hours
o Have the ability to deliver a multi year public
relations /communications plan

RFP's may be collected from NAD's corporate office in Terminal 1 at The
Lynden Pindling International Airport between the hours of 10:00 am 4:00 pm
commencing September 28th until Oct 5th 2007.

All submissions must be returned in the prescribed format by 3:00pm on Oct 19th,
2007 and addressed to:

Nassau Airport Development Company Ltd
Level 2 International Terminal Building
Lynden Pindling International Airport
Nassau, The Bahamas


I


FRIDAY, SEPTEMBER 21, 2007, PAGE 3B


THE TRIBUNE










THE TRIBUNE


PAGF4R. FRIDAY. SEPTEMBER 21. 2007


CHINESE VENTURE, from page 1


of Chinese-made goods that
were shipped to Freeport by
CITIC to a one-stop showroom.
Product and merchandise'
could be imported/exported
from Freeport duty-free under
the Hawksbill Creek Agree-
ment, utilising the Freeport
Container Port and the other
shipping facilities.
Product could also be broken
down and assembled at the
CITIC complex, helping
Freeport realise its potential as
a transshipment, logistics and
distribution facility.
Hundreds of buyers and oth-
er visitors would potentially be
attracted to Freeport, boosting
its hotel industry and all spin-off
businesses and services associ-
ated with the sector.
The CITIC proposal first sur-
faced in 2003 under the former
Christie administration, but The
Tribune understands that it
went into 'cold storage' for a
while due to immigration-relat-
ed issues.
It is understood that CITIC
would require a relatively large
number of work permits for the
complex, as highly-trained sales-


persons would need to give pre-
sentations on the Chinese-made
products.
The Government had been
concerned about the number of
work permits it would have to
issue, but it is understood that
CITIC and the parties involved
believe they have found a way
to overcome such concerns.
Meanwhile, Mr Deffler told
The Tribune that construction
of International Distributors
Phase One warehouse at the
Sea/Air Business Centre had
been completed, with the Cer-
tificate of Occupancy issued for
it last week.
He said: "We have already
begun the process of 'moving
in', and hope to complete the
move of office furniture no lat-
er than Saturday, September 22,
2007.
- "The -building. is-86,-542
square feet and is 100 per cent
complete. The only thing that
remains to be completed is our
guard building, which should be
completed by the end of next
week."
Mr Deffler said International
Distributors had received 350


resumes from Bahamians seek-
ing employment with the com-
pany, but to date had only hired
one individual because it was
still working on setting up all
the offices, telephone system,
computer system and ware-
house racking."
He added that it was difficult
to say how many employees
International Distributors
would ultimately hire, as "this is
only phase one of our three
phase building project".
Mr Deffler explained: "The
design of phase two has already
been completed by our archi-
tect and we will begin construc-
tion shortly. Phase three will
begin immediately following the
completion of phase two.
"Total estimated construction
time for phase two and three
will be approximately 36
months. Once all three phases
are completed, we will employ
an estimated 200-300 associates
in a 486,542 square foot facility.
An additional 800,000 square
feet is also under design."
The International Distribu-
tors facility will be used to
export groceries and other pro-
duce duty-free to Associated
Grocers customers throughout


the Western Hemisphere, espe-
cially Latin America, the
Caribbean and Central Ameri-
ca.
The Freeport facility will
eliminate the import duties that
Associated Grocers currently
has to pay on goods it imports
into the US for re-exporting to
its Western Hemisphere cus-
tomers, providing cost savings
to both parties.
However, the International
Distributors complex will not
supply Bahamas-based whole-
salers and retailers with prod-
uct, as they will still be served
from Associated Grocers' Flori-
da operations.
Pressure from Bahamian
wholesalers, fearing that Inter-
national Distributors would
undermine the existing whole-
sale structure in the Bahamas,
saw the company apply for a
business licence that did not


FROM page 1
going out to establish relation-
ships with their Chinese coun-
terparts, who came from a cul-
ture where building relation-
ships and trust were key and
often came before business.
Chinese government and
business community officials
had confirmed that there was a
high level of interest in the
Bahamas, and Mr Simon said:
"If the Bahamas is not posi-
tioned to take-advantage of this,
the Chinese will simply go else-
where.......
"I'd like to think that
Bahamian entrepreneurs will be
the first movers in terms of
opportunities in the Chinese
market. There will always be
opportunities to exploit niche
markets, but we have developed
some competencies in tourism
and financial services. Both of
them are aligned very nicely
with the wants, needs and
desires of the Chinese."
Other economic sectors dis-
cussed at the Forum, Mr Simon
added, were agriculture, tech-
nology, manufacturing, trans-
portation, and liberalisationn of
a free port for assembly or even
regional distribution".
Jvr Simon added that some
14Caribb6ean coiotrjts.ab d 200
-wddlegate- were'fepifsfi& d at
the F6rum, and "all of them
were interested in what the
potential is for doing business
with China".
Among the countries at the
Forum were Barbados, Jamaica,
Trinidad & Tobago, Grenada
and the Dominican Republic.
"What we have to offer is
ourselves, and they are very
interested in that," Mr Simon
said of the Chinese. "With their
customs and culture, they have
great appreciation for the cus-
toms, culture and people of oth-
er countries.
"We are a ripe tourism mar-
ket for that. They are fascinated
by our sandy beaches, beauti-
ful landscapes, the culture and
diversity the region has to offer
in terms of its people."
Zhivargo Laing, minister of
state for finance, who led the
Government officials and public
sector delegation to the Forum,
said that if the Bahamas could
capture 1 per cent of 1 per cent
of the Chinese population as
tourist visitors to this nation,
the Bahamas would be "well-
served".
Mr Simon told The Tribune
yesterday that one potential
entrepreneurial opportunity for
Bahamian investors was the cre-
ation of Chinese-themed bou-
tique resorts.
He explained that Chinese


To meet the challenge of operating our growing business, we wish to recruit a:


Portfolio Manager


Main responsibilities




Ideal profile



What we offer


- Management of discretionary portfolios according t6 the Bank's guidelines
-Conduct appropriate investment research and analysis
- Review portfolio performance
- Evaluate, control and minimize the risk of the portfolios
- Assist with the administration and operations of the Bank
-Several years experience as a portfolio manager
- Fluent in English and French
- Higher education
- Dynamic and proactive personality
-The opportunity to play an active role in the success of an innovative bank
-The chance to work within a dynamic and motivated team
-An attractive remuneration package which provides incentives based on results
-Competitive welfare benefits


travellers still preferred to inter-
act with their own culture when
abroad, seeing and eating the
types of foods they enjoyed at
home, thus creating openings
for hotels, travel agencies, tour
operators, transportation firms
and interpreters geared specifi-
cally to deal with Chinese visi-
tors.
Currently, only government
officials and wealthy Chinese
are allowed to travel abroad,
Mr Simon explained, and due
to the long travel times and dis-
tance between their country and
the Caribbean, it was likely they
would seek lengthy stays in this
region.
As a result, Mr Simon said it
was likely that Chinese tourists
would seek to combine a visit to
the Bahamas with trips to three
or four other Caribbean coun-
tries.
On the financial services
front, Mr Simon said the Forum
indicated that there were
tremendous potential opportu-
nities for the Bahamas' private
wealth management and asset
management industries.
The "double-digit" economic
growth enjoyed by most Chi-
nese cities and provinces over
the past decade had created
many high-net worth and ultra
.high-net worth Chinese who
" had assetsto manage afidinvest.
"The growth is tremendous. I
would like to think that in finan-


cial services, there is an oppor-
tunity for us as a leading inter-
national financial services centre
to benefit from the capital
movement into investments,
trusts, funds, stocks and bonds,"
Mr Simon said.
' When it came to doing busi-
ness with China and establishing
working relationships, Mr
Simon advised: "Get to know
the market. The Chinese are
very formal people, but at the
same time they first build per-
sonal relationships before busi-
ness relationships.
"It's not uncommon for the
Chinese businessman to want
to wine and dine you first to get
to know, and show you their
culture, before they do business.
In the West, it's the other way
around. In China, business is
built on trust and friendship."
And he added: "You have to
find out what is your best mar-
ket to engage them in terms of
what you are endeavouring to
do. "At the same time, we have
to educate them on what the
opportunities are in the
Bahamas. They want to know.
That's why they've allocated
more than $500 million over
five years to the Caribbean."
The potential for economic,
trade and investment ties
between the Bahamas and Chi-
na, Mr Simon said, was "as
much as we can see, or maybe
as much as we want".


U I


Bahamas firms urged to be

'first movers' into China


SIheraMton
Cable Heach
RESORT

The new 700 room Sheraton Cable Beach Resort, Nassau, The Bahamas is lookingfor


Director of Security

The selected candidate must develop and maintain a pro-active loss
prevention program designed to ensure a safe and secure environment
for hotel guests and employees.

ESSENTIAL FUNCTIONS
Interview, select, review, and counsel security officers to maintain
order throughout the hotel. Train new employees according to all
corporate specifications, including documentation.

Promote safe work practices. Ensure compliance with Government
standards and preventative measures. Develop and administer
safety incentive programs. Chair Safety Committee and enforce
safety programs. Develop, revise, and advise key personnel of
emergency procedures. .- -- -.- -- "-

Investigate accidents, thefts, property loss, and unlawful activities.
Document details and advise management.

Coordinate and monitor for efficiency safety and security related
programs for overall hotel, including lost and found process,
auditing of issuance of hotel keys, chemical, CPR, and Hurricane
and Fire Preparedness training, evacuation drills, etc.

Skills & Abilities
Excellent communication skills, both verbal and written
Basic computer skills, including knowledge of computer accounting
programs. Math skills and budgetary analysis capabilities are
.required.
Thorough knowledge of the Bahamas Government Laws including
Labour Laws.

Qualification & Experience
High School or equivalent education required.
Thorough knowledge of The Bahamas Government Laws;
Heavy law enforcement or security related background
A minimum of 15 years management in security loss prevention,
related hotel or lodging preferred.

Qualified applicants are invited to forward their resume to:

The Human Resources Director
Barbara.barnes@sheraton.com
All resumes will be held in strictest of confidence


NOTICE

COMMONWEALTH OF THE BAHAMAS 2007/CLElequ/00471

IN THE SUPREME COURT

Equity Side


ALL THAT parcel of land containing 5.48
acres bounded on the NORTH and WEST of
Monastery Park Subdivision and EAST
of Hill Side Park Subdivision in the eastern
district of the island of New Providence
within the Commonwealth of The Bahamas.

AND
IN THE MATTER OF THE QUIETING TITLES ACT, 1959
AND
IN THE MATTER OF THE PETITION of
RA YMOND KERR

RAYMOND KERR, the Petitioner herein claims to be
the owner in fee simple in possession of the said piece
parcel or lot of land and had made application to the
Supreme Court of the Commonwealth of The Bahamas
under Section 3 of The Quieting Titles Act,1959, to
have the said piece parcel of lot of land investigated
and the nature and extent thereof determined and
declared in a Certificate of Title to be granted by the
Court in accordance with the provisions of the said Act.
Copies of a diagram or plan showing the position
boundaries shape marks and dimensions of the said piece
parcel or lot of land filed in this matter may be inspected
during normal working office hours at the following places:
1. The Registry of the Supreme Court, Ansbacher
House, East Street, Nassau, The Bahamas; and
2. The office of Arthur D. Hanna & Co., 10
Deveaux Street, Nassau, The Bahamas, attorneys for
the Petitioner;
NOTICE is hereby given that any such person
having drawn a right of dower or an adverse claim or a
claim not recognized in the petition shall within Thirty
(30) days after the appearance of Notice herein filed in
the Registry of the Supreme Court in the City of Nassau
aforesaid and serve on the Petitioner or the undersigned
a statement of his, her or its claim in the prescribed
form verified by an Affidavit to be filed therewith.
Failure of any such person to file and serve a Statement
of his, her or its claim on or before the said Thirty (30)
days herein will operate as a bar to such claim.

ARTHUR D. HANNA & Co.
Attorneys for the Petitioner
Chambers
10 Deveaux Street
Nassau, Bahamas


-I --I


I BUSINESS


allow it to sell anything in the
Bahamas from Freeport. Critics,
though, see this as a missed
opportunity to lower food prices
in the Bahamas.
Mr Deffler said the Grand
Bahama economy would bene-
fit "very little" from Interna-
tional Distributors opening "at
this point", although its employ-
ees would be positively impact-
ed.
He added: "Additionally, sev-
eral freight forwarders will ben-
efit, as well as all others associ-
ated with the handling of the
containers. The real positive
impact will sadly be missed in
Freeport, Nassau and all other
islands of the Bahamas, as our
current business license does
not permit us to sell anything
in the Bahamas from Freeport.
"What does this mean? Most
items we procure from any-
where outside of the United


States will stop in Freeport. To
supply any retailer located in
the Bahamas, the product must
then be sold and shipped to
Florida to our parent company,
Associated Grocers of Florida.
Associated Grocers would then
re-load the item(s) back on a
container destined to a retailer
located in the Bahamas.
"This entire process adds
unnecessary costs to all retailers
of the Bahamas, and these addi-
tional costs are most certainly
born by you and 1, the con-
sumer. All of our other retailers
throughout the Caribbean and
South/Central America will
benefit greatly, as we can dis-
tribute the product either direct-
ly from the manufacturer or
through our Freeport facility."
Mr Deffler added, though:
"We are moving forward on this
issue and I feel confident it will
be resolved in the near future."


Please send your resume and reference to: betsy.morris@syzbank.com
SYZ & CO Bank & Trust LTD. I Tel: (+1 242) 327 66 33
Bayside Executive Park I P.O. Box N -1089 I Nassau, Bahamas www.syzbank.com

Privte Bnkin

[1 1 Il k
















Credit crisis 'has created significant market stress'
)A^^


* By JEANNINE AVERSA
AP Economics Writer
WASHINGTON (AP) -
Federal Reserve Chairman Ben
Bernanke told Congress Thurs-
day the credit crisis has created
"significant market stress" and
offered fresh assurances that
regulators would take steps to
curb fallout related to the mort-
gage mess.
Bernanke made the state-
ment in testimony before the
House Financial Services Com-
mittee. It came just two days
after the Federal Reserve sliced
a key interest rate by a bold
half-percentage point to pre-
vent the weight of housing and
credit problems from sinking
the economy. It was the first
time in more than four years
the Fed cut this rate.
"Global financial losses have
far exceeded even the most pes-
simistic estimates of the credit
losses on these loans," the Fed
chairman said. The situation,
he acknowledged, "has creat-
ed significant market stress."
The meltdown in the hous-
ing and mortgage markets has
shaken Wall Street and Main
Street, and President Bush was
asked at a White House news
conference Thursday to assess
the chances of a recession. "I
say that the fundamentals of
our economy are strong," he
replied. But the president did
acknowledge problems in the
housing market.
Bush said he looked forward
to working with Congress to
solve problems, but also said
he would fight any move on
Capitol Hill to raise taxes.
For his part, Bernanke
promised lawmakers that the
Fed will take steps to crack
down on abusive or bad lending
practices.
"The Federal Reserve takes
responsible lending and con-
sumer protection very serious-
ly. Along with other federal and
state agencies, we are respond-
ing to the subprime problems
on a number of fronts," he said.
"We are committed to pre-


NAD
Nassau Airport
Development Company


venting problems from recur-
ring, while still preserving
responsible subprime lending."
The Fed has taken a number
of steps already and other pro-
posals are being considered.
Treasury Secretary Henry
Paulson, who also appeared at
the hearing, signaled that the
administration would consider
allowing the big mortgage com-
panies Fannie Mae and Freddie
Mac to temporarily buy, bundle
and sell as securities any loans
exceeding $417,000, known as
"jumbo" loans.
The idea, which represents a
policy change for the adminis-
tration, is portrayed as a way
to inject liquidity into the
stretched mortgage market.
Paulson said the change
involving jumbo loans could
occur only in tandem with
tighter oversight of the two gov-
ernment-sponsored mortgage
companies.
Bernanke also weighed in,
saying that if Congress were
inclined to make let Fannie
Mae and Freddie Mac buy jum-
bo loans, it should be done only
on a temporary basis. He didn't
specify how long that should
be.
In his testimony, Bernanke
did not offer new clues about
the Fed's next move on interest
rates. The Fed chief reiterated
the rationale offered Tuesday,
for cutting rates, acknowledging
that the financial turmoil has
"increased the uncertainty to
the outlook."
Foreclosures are at record
highs, and late payments are
spiking. Lenders have been
forced out of business and
investors have taken huge
financial hits. Lax lending stan-
,dards during the housing boom
came to roost after the hous-
ing bust. The carnage has been
the most severe in the so-called
"subprime" market, where
mortgages are held by borrow-
ers with spotty credit or low
incomes. Many are at risk of
losing their homes.
Analysts estimate that at
least two million adjustable-rate


mortgages will jump from very
low initial teaser rates to higher
rates this year and next. Steep
pre-payment penalties have
made it difficult for some to get
out of their mortgages. Some
overstretched homeowners
can't afford to refinance or
even sell their homes.
Rep. Spencer Bachus, R-
Ala., told Bernanke: "There is
general agreement that abuses
have occurred in the subprime
market. There is widespread
agreement that these are prac-
tices that should not be tolerat-
ed."
"Foreclosure isn't good.for
anyone," said Alphonso Jack-
son, secretary of Housing and
Urban Development, urging
lawmakers to move quickly on
FHA reform.
Bernanke said he saw "no
problem" with government
efforts to help squeezed home-
owners refinance. "We are try-
ing in particular to make sure
the economy is stable and that
is the ultimate objective we
have," he added.
Paulson said "there are a
number of credit markets that
are still not functioning as nor-
mal. They are operating under
strains and stresses," he added.
There has been some gradual
improvement and officials are
monitoring the situation close-
ly, Paulson said.
There's been a big debate in
Washington about how Fannie
Mae and Freddie Mac could
help out. The government on
Wednesday nudged up their
investment caps, a move aimed
at alleviating stress in the mort-
gage market.
The top executives at mort-
gage giants Freddie Mac and
Fannie Mae testified that they
stood ready to help cushion the
shocks from a rising flood of
mortgage foreclosures.
Daniel Mudd, head of Fannie
Mae, said his agency continued
to support an increase in its
mortgage portfolio of 10 per
cent, much bigger than the two
per cent bump-up the mortgage
giants' regulatory agency


Airport



Parking


Notice



Please be advised that effective September 22nd October 7'h sections
of the Domestic/International Parking Lot (Lot 1) at Lynden Pindling
International Airport will be closed for cleaning and renovations. The
Overflow Parking Lot will be open for use during this period signage of "LOT
FULL" or "LOT CLOSED" will be in place at the entrance of Lot 1.


The Overflow Parking Lot is secure, lighted and patrolled frequently. A free
shuttle bus will be available every.15-20 minutes from 5am until 11pm to drop
- off and pickup in front of the terminals.


Any motorist who does not adhere to the notices and parks illegally will be
towed at their expense.


We thank you for your cooperation and look forward to providing an improved
parking experience for the future.

For inquiries or information please call (242) 377-0209


approved Wednesday.
"I am confident we could
provide more liquidity help to
the home finance market today
without taking risks we are not
capable of managing," Mudd
said. "We are not the only
answer to the liquidity crunch,
but we can play a part in a mea-
sured, safe and sound way," he
added.
Richard Syron, Freddie
Mac's chief said: "We remain
very dedicated to helping bor-
rowers avoid foreclosures."'


Meanwhile, the Fed is
reviewing possible actions to
help and Bernanke said the
board also is committed to pro-
viding more effective disclo-
sures to help consumers defend
against improper lending.
Bernanke's predecessor,
Alan Greenspan, has been crit-
icized for holding short-term
interest rates too low for too
long, feeding the housing boom.
Asked if he thought that was
the case, Bernanke said the
"primary factor" was unusually


low long-term interest rates
seen in the United States and in
many other countries at the
time.
On another matter,
Bernanke said the Fed is still
keeping a close eye to make
sure that inflation doesn't
become a problem. Oil prices
hit a new record of $81.93 a
barrel on Wednesday.
Associated Press reporters
Marcy Gordon and Martin
Crutsinger contributed


NAD
Nassau Airport
Development Company

Do you want to join our team?

The following position Is currently available:

SUPERVISOR PREVENTATIVE MAINTENANCE TEAM

We are looking for a dynamic Supervisor who places safety and teamwork as top priorities.
reporting to the Manager, Maintenance Services, the Supervisor is responsible for
overseeing and supervising the daily activities of the Preventative Maintenance Team. This
includes planning all preventative maintenance programs, providing support and leadership
to staff and working as a collaborative member of the Maintenance Supervisory Team.

The ideal candidate will have at minimum, a high school diploma and 3 years supervisory
experience. Demonstrated leadership skills and communications skills are a must; both
written and oral. The successful candidate will have strong mechanical and electrical skills
along with a good working knowledge of building trade and codes. A trade's certification
would be a definite asset.

Please send your resume to:

Manager, People
Nassau Airport Development Company
P.O. Box AP-59229
Lynden Pindling International Airport
Nassau, Bahamas

Deadline for Applications is September 28th, 2007
Only those applicants granted interviews will be contacted.


1. .1


A position has arisen for a chartered accountant with 20-25 years
experience in the profession, or private sector, to assist in the
further development of a branch office in Marsh Harbour, Abaco.

The applicant must have good inter-personal skills and be able to
relate to a wide variety of clients in diverse business environments,
have a history of large scale development projects and experience
of international clients looking to set up business in the family
islands. He/she must be computer literate with a good working
knowledge of Excel and Word.

Applicants should apply in writing to:

ECA Application
P. O. Box CB-11651
Nassau, Bahamas


Sheraxto"n
Cable Beacth
REPORT

The new 700 room Sheraton Cable Beach Resort, Nassau, The Bahamas is looking for


Director of Catering


The qualified candidate will be responsible to train, supervise and
work with all catering and convention services staff, in order to
solicit and book banquet and catering functions that ensure customer
satisfaction and maximize hotel revenue and profitability.

Essential Functions:

Solicit new and existing accounts to meet/exceed revenue
goals;
Prepare, implement and compile data for strategic sales
plan, monthly reports, annual goals, and forecasts;
Develop banquet menus pricing;
Actively participate in catering sales presentations, property
tours and customer meetings;
Recruiting, directing, managing, training and counseling
catering sales staff

Skills & Abilities

Excellent communication skills, both verbal and written;
Extensive knowledge of food and beverage products.
proper preparation and presentation of food and beverage
items;
Computer skills, computer accounting programs, math
skills as well as budgetary analysis capabilities.

Qualifications & Experience

High School or equivalent education required, Bachelor's
Degree preferred.
At least 3 years catering sales experience;

Qualified applicants are invited to forward their resume to:

The Human Resources Director
Atbarbara.barnes@sheraton.com
All resumes will be held in strictest of confidence


___1.


THE TRIBUNE


FRIDAY, SEPTEMBER 21, 2007, PAGE 5B









PAGE 6B. FRIDAY. SEPTEMBER 21. 2007


THE TRIBUNE


Survey: Tighter credit squeezing US economic growth


0 By CANDICE CHOI
AP Business Writer

NEW YORK (AP) Unit-
ed States economic growth may
slow in coming months, a
research group said Thursday,
indicating a clampdown in cred-
it markets is taking its toll on
the broader economy.
Signs that the job market
may be improving, and the
Fed's aggressive move to lower
rates earlier this week, may
help offset the credit squeeze,
however, analysts said.
The Conference Board said
its index of leading economic
indicators dropped a sharp 0.6
per cent in August, slightly
higher than the 0.5 per cent fall
analysts were expecting. The
drop came after a revised 0.7
rise in July. While the index has


jumped up and down in recent
months, the cumulative change
in the index over the past six
months has increased 0.5 per
cent.
Also on Thursday, the
Labour Department said job-
less claims declined last week
by 9,000, the lowest level in sev-
en weeks. Analysts were
expecting a slight rise in claims.
While the latest 0.7 drop in
the leading economic indica-
tors index is "an ugly number,"
Aaron Smith, senior economist
at Moody's Economy.com said
it may simply reflect the imme-
diate effects of a tight credit
market in August. He said low-
er interest rates, after the Fed
cut a key rate a half-point to
4.75 per cent on Tuesday,
should brighten the economic
outlook.


The Conference Board
report tracks 10 economic indi-
cators. Only one of those indi-
cators, real money supply,
advanced in August.
The negative components,
starting with the largest, were
consumer expectations, unem-
ployment claims, stock prices,
building permits, vendor per-
formance, manufacturers' new
orders for non-defense capital
goods, interest rate spread, and
manufacturers' new orders for
consumer goods.
Weekly manufacturing hours
held steady.
The report is designed to
forecast economic activity over
the next three to six months.
The index rose a revised 0.7
per cent in July, after slipping
0.1 per cent in June. The errat-
ic pattern reflects the ongoing


uncertainty over the impact of
the credit crisis on the overall
economy.
"Economic growth is likely
to continue in the near term,
although at a slower pace," said
Ken Goldstein, labour econo-
mist for the Conference Board.
For growth to continue, how-
ever, Goldstein said there will
be two potential hurdles to
overcome business confidence
and the "wealth effect," which
has been hit by falling home
prices.
"This loss of household
assets, if combined with weak
employment growth, could
have a negative impact on con-
sumer spending going forward,"
Goldstein said.
Stocks dipped Thursday fol-
lowing weaker-than-expected
earnings at Bear Stearns and


caution ahead of testimony
before Congress from Federal
Reserve Chairman Ben
Bernanke. In prepared
remarks, Bernanke said the
credit crisis has created "signif-
icant market stress" and gave
fresh assurances that regulators
would step in to curb the fall-
out.
In late morning trading, the
Dow slipped 10.16, or 0.07 per
cent, to 13,805.40.
The Standard & Poor's 500
index fell 0.21 per cent to
1,525.88 and the Nasdaq com-
posite index fell 0.07 per cent to


2,664.50.
The Conference Board
report was taken before the
Fed's rate cut, a move that sent
stocks soaring Tuesday. The
bigger-than-expected cut was
an effort to ensure the country
isn't pushed into a recession by
turbulence in the financial mar-
kets. The credit crisis started
with rising defaults in subprime
mortgages home loans made
to people with weak credit his-
tories. Analysts believe these
problems, along with declining
consumer confidence, could
lead to a recession.


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







FOR SALE


~-,
'~~w ~


42' Ocean Alexander,


2 3208 375 HP Cat


Engines, New Gel Coat,


Updated electronics,


Surveyed 2005,


Luxurious appointments,


Custom Carpentry.


Motivated seller, serious


inquires only.





Tel: 359-0539 I 356-6397


IMI1
Pricing Information As Of:
Thursday 20 Seotember 200 7


Securil v Prelious Close Today's Close


1 78 0 54 Anac Mlarnets 1 60 1 60
11.74 ,11.00 Bahamas Property Fund 11t70 11.70 0
9.55 7.50 Bank of Bahamas 9.55 9.55 0
0.85 0.70 Benchmark 0.85 0.85 0
3.74 1.52 Bahamas Waste 3.73 3.73 0
1.70 1.20 Fidelity Bank 1.70 1.70 0
11.00 9.40 Cable Bahamas 11.02 11.02 0
3.15 1.80 Collna Holdings 3.13 3.13 0
16.00 11.50 Commonwealth Bank 15.98 16.00 0
7.22 4.70 Consolidated Water BDRs 5.80 5.85 0
2.76 2.20 Doctor's Hospital 2.35 2.35 0
6.40 5.54 Famguard 6.18 6.18 0
12.79 11.51 Finco 12.79 12.79 0
14.72 13.82 FirstCaribbean 14.72 14.72 0
6.10 5.18 Focol (S) 6.10 6.10 0
1.00 0.54 Freeport Concrete 0.70 0.70 0
8.49 7.10 ICD Utilities 7.25 7.25 0
10.05 8.52 J. S. Johnson 10.05 10.05 0
10.00 10.00 Premier Real Estate 10.00 10.00 0
W' '. .. .-. .. lelity lOver-The-CoUinterSecurlltes
52wk-H 52wt -Low Symbol Bid c- lA I LI=I FP...


14.60 14.25 Bahamas SupermarKets
8.00 6.00 Caribbean Crossings (Pref)
054 0 20 RND Holdings


41.00 41.00ABDAB
14.60 14.00 Bahamas Supermarkets
0.55 0.40 RND Holdings
52wk-HI 52wk-Low Fund Name


1 3566
3.3402
2.8869
1.2698
11 6581


a--,,1;


1 2828 Colina Mone) Market Fund
2.9449 Fidelity Bahamas G & I Fund
2.4606 Colina MSI Preferred Fund
1.1923 Colina Bond Fund
11 1622 Fidelity Prime Income Fund *


BISX ALL SHAR INDX l 9Dec 02 = 1 000 00
52wk-HI Highest closing price In last 52 weeks
52wk-Low Lowest closing price In last 52 weeks
Previous Close Previous day's weighted price for dally volume
Today's Close Current day's weighted price for daily volume
Change Change In closing price from day to day
Dally Vol. Number of total shares traded today
DIV $ Dividends per share paid In the last 12 month
P/E Closing price divided by the last 12 month earnings
(S) 4-for-1 Stock Split Effective Date 8/8/2007


NOTICE

NOTICE is hereby given that SAMUEL AURALIEN of
PO.BOX 4929, MARSH HARBOUR, ABACO, BAHAMAS
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of
The Bahamas, and that any person who knows any reason
why registration/ naturalization should not be granted,
should send a written and signed statement of the facts
within twenty-eight days from the 21st day of SEPTEMBER
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N- 7147, Nassau, Bahamas.



LEGAL NOTICE


NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
2000

AXIS-MPL LTD.

(In Voluntary Liquidation)

NOTICE IS HEREBY GIVEN as follows:

(a) Axis-MPL Ltd 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 September
18th, 2007 when the Articles of Dissolution were submitted
to and registered by the Registrar General.

(c) The Liquidator of the said company is Shareece E. Scott, c/o
Deltec House. Lyford Cay, P.O. Box N-3229, Nassau, Bahamas.


Shareece E. Scott
Liquidator



LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
2000

AXIS-RDO LIMITED.

(In Voluntary Liquidation)

NOTICE IS HEREBY GIVEN as follows:

(a) Axis-RDO 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 September
18th, 2007 when the Articles of Dissolution were submitted
to and registered by the Registrar General.

(c) The Liquidator of the said company is Shareece E. Scott, c/o
Deltec House, Lyford Cay, P.O. Box N-3229, Nassau,
Bahamas.

Shareece E. Scott
Liquidator


C FA L'"


IAMAS.COM FOR MORE PATA & INFORMATION


-IAMA.COM FOR MORE PATA & INFORMATION
ii %'HG 00.02 / YTD 220.77 / YTD % 13.17
Cr.angae Dai, .0 EPS 5 Di $ P.'E


--C' OI


o 09-3
1.527
0.733
0.048
0.275
0.064
0.996
0.208
11,685 1.190
0.112
0.284
300 0.804
500 0.768
0.934
2,000 0.364
-0.415
0.411
0.946
1.167


',hi, ,1 EPS 1 DI. S


1 1~ 1 48S


1 125
0.000
-0.030
4 .15 0
1.125
-0.030


0 ,0.1
0.400'
0.260
0.020
0.060
0.040
0.240
0.080
0.680
0.050
0.000
0.240
0.570
0.470
0.133
0.000
0.200
0.580
0.600


1 4185
0.480
0.000
2 '50
1.485
0.000


Viela


170 000 .
7.7 3.42%
13.0 2.72%
17.7 2.35%
13.6 1.61%/
26.6 2.35%/
11.1 2.18%
15.0 2.56%/
13.4 4.25%0/
51.8 0.86%
8.3 0.00%
7.7 3.88%/
16.7 4.46%
15.8 3.19%0/
16.7 2.17%
N/M 0.00%/
17.6 2.76%/
10.6 5.77%/
8.6 6.000/
P E Yield


1: 9 1.'. 1 -
NM 7.80%
N/M 0.00%
90 6 '0
12.6 10.17%
N/M 0.00%


N .ela


1 35ooI10~


1 356630
3.3402**
2.886936***
1.269803"**
11 6581""


|l s iB 'G! N OT68O,/..' 5. 58r% t2t)uQ 34.47',A ..." -.*,
MAF K -t T TERF l h ILD .v I11 .I ..,- i. ..h....'i. Jl... J., ....-I- u s '1.:..
Bid $ Buying price of Colina anrd Fidolity
Ask $ Selling price of Collna and fidelity
Last Price Last traded over-the-counter price
Weekly Vol. Trading volume of the prior week
EPS $ A company's reported earnings por share for the last 12 mths
NAV Net Asset Value
N/M Not Meaningful
FINDEX The Fidelity Bahamas Stock Index. January 1, 1994 100


S- 14 Septomber 2007
" 30 June 2007
"*- 31 August 2007
*-* 31 July 2007


4dg... ,4 /If7 MQRE DATA & INFORMATION GAI.LL (4i94- .


NOTICE
NOTICE is hereby given that YUON DUVERSE of MONTEL
HEIGHTS, NASSAU, BAHAMAS, is applying to the
Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 14TH day of SEPTEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, P.O.Box N- 7147,
Nassau, Bahamas.




NOTICE
NOTICE is hereby given that SAINTILIA SAINTIL LOUIS, OF
HOPE TOWN, ABACO, BAHAMAS, is applying to the Minister
responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 14TH day of SEPTEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, PO.Box N-7147,
Nassau, Bahamas.



NOTICE

NOTICE is hereby given that ALEXSANDRINE INNOCENT
of GRACE Ave. MURPHY TOWN, ABACO, BAHAMAS
is applying to the Minister responsible for Nationality and
Citizenship, for registration/naturalization as a citizen of The
Bahamas, and that any person who knows any reason why
registration/ naturalization should not be granted, should
send a written and signed statement of the facts within
twenty-eight days from the 21st day of SEPTEMBER,
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N-7147, Nassau, Bahamas.





PROPERTY


SEARCH
We provide detailed searches on a timely basis!"


Provide/Title Search
Company Search
Birth/Marriage/Divorce/Death Search
Probate/ Adoption Application


Call: (242) 328-6106/7



STOP!!!
.BEFORE YOU MAKE A DEPOSIT ON THAT
PROPERTY CONTACT US TODAY
DON'T MAKE DEAD INVESTMENTS!!!







D EI LTA,


14.or. if LU


14.60D 1- U.' I -j ,j.)
6.00 6.25 6.00
0.35 0.40 0.20
SGoina Overr-The-Courter Securltles
4 1 0 3 ':C 1 0 ,
14.60 15.50 14.00
0.45 0.55 0.45
BISX Lleted Mulual Funds
N.A VTD La.l 1; MP.,..r.- DI. I


cbarlOCSTO c re",
SFINED BL'ILDERS HARDWARE & PLUMBING 0
Dowdeswell Street
Behind Scotia Bank
Tel: 322-1103
Monday Friday


A.i


.o..-.


BUSINESS


c -


--


)FIDELHB


_ __


.1












FRIDAY, SEPTEMBER 21, 2007, PAGE 78


JUDGE PARKER aN_____________ D TOG
INDE _______


APARTMENT 3-G


RAISEPWITH MY BEliEFS, BESIPES, )OU ALWAYS 1 GABR/-LLA REHEe6 FOR
O.ANP MY PREMONITION LIKED IT WHEN I REAP | ER TAROTDECK...
LUANN WA RIGHT. THE PFORY. SOMEONE
SI YOU, NO? rr-------


"IF T ATs MR.WItON, W 5RE' THE
AB-6 OFHIMgo"


O0 RMGRT! YOU TRUIK t4
FAM .ItHA R TR ATi W4
AM I 7TALKWV mO IF TERE
AREAT ANA ONSTISs
OcMw THERE ?


UmU..


On the Horns
South dealer.
Neither side vulnerable.
NORTH
4K763
V952
*J83
*K82


WEST


EAST
--o~l


45 41098
V874 VQJ10
*Q972 *1065
SQJ10 7 5 -
SOUTH
*AQJ
VAK


WE'RE SORRY, BUT DUEI YOUR -WO AM FEEDING
TO RISING COSTS AND HAS BEEWI ELIMINATED
RECENT BUDGET CUTS" _____ __


NON SEQUITUR





1



4f

tg nII


TIGER


I CRYPTIC PUZZLE I
.~pcm 5


AcROS
Laughs or res! (5)
Hide a piece of stout wood (5)
Slende, graceful, yetweepy? (7)
You don't wantto go walking
youre(5)
Possily near a stadium (5)
Pearfs beautiful mother (5)
Get rid of a half can of beer (4,3)
The little woman? (3)
But commonly halved (4)
Question a believer never asksl
(2,4)
Look less than steady, being
unwel (5)
Makes an impression (6)
Hes said to be shorn (4)
Carousing in wcedness? Qute
thereversel(3)
Princely province (7)
Kind ot boat or train (5)
In sport moved rapidly round the
ring (5)
Pgeo perch? (5)
n thetelng, you can get clear
About I m(7)
A boastes bloomer (5)
Being mangled to me, cried
plaintvly (5)


DOWN
What can lubricate? (3,3)
Steen and a quarter(6)
A littledrnk? Yes, onhe quiet (3)
The angler may need to watch It
(5)
Why ratshuffle n he dark (7)
Lebanese town band (4)
She has reason to change (6)
Some of them are barely artistic
(5)
Not quite a body of soldiers? (5)
Kiled by somewild Islanders (5)
Feeding t money seems a bit
terrible to me (5)
Has no translation In an African
language(5)
In strange way, Ifs said to putan
end to the ungodly (5)
At first, runners may be under his
orders(7)
As opposed to rags? (6)
Piece of furniture lightly (6)
Comfortable social occasion (2-4)
Shirk being keen to go round the
Job Centre (5)
Go about a triangular part of
Kens(gon(4)
Unce's isslle (3)


YESTERDAY'S CRYPTIC SOLUTIONS

ACROSS: 4, S-Imply 7, Full stop 8, Right-s 10, Ada-MS 13, Wigs 14, LI-ke 15,
Sign 16, Joe 17, Toot 19, I-van 21, Prnce-ton 23, Cool 24, He-el 26, Lot 27,
Ca-en 29, Twos 32, Dal' 33, Paint 34, Romans 35, Literate 3, Centre
DOWN: 1, Off-Al 2, Cloak 3, Uses 4, Sprig 5, Mugs 6, Lot-I-on 9, Ignite 11, Did
12, Metro 13, W-ltches 15, Son 16, Jan. 18, Oi can 20, Volt-a 21, Pot 22, E'en
23, Coyote 25, Yon 28, A-lele 30, WI-ga-n 31, Steep 32, D-art 33, Plea


YESTERDAY'S EASY SOLUTIONS
ACROSS: 4, Before 7, Reappear 8, Octave 10, Tribe 13, Mare 14, Sane 15, Aide
16, End 17, Reps 19, Twee 21, Celestial 23, Rota 24, lons 26, Bet 27, Thor 29,
Trap 32, Dean 33, Cease 34, Kneads 35, Tarragon 36, Stance
DOWN: 1, Frets 2, Satin 3, Apse 4, Broad 5, Fate 6, Ravine 9, Cretin 11, Raw
12, Beret 13, Mission 15, Ape 16, Eel 18, Elated 20, Waste 21, Cot 22, Tor 23,
Rennet 25, Gas 28, Haste 30, Range 31, Penny 32, Dawn 33, Cord


1
6
9
10
U
12
13
15
17
18s
19
20
22
24
25
26
27
28
29
30
31


42
063


*AK4
*A9643
The bidding:
South West North East
3 NT Pass 4 NT Pass
6NT
Opening lead queen of clubs.

Here is a truly remarkable hand.
South reached six notrump as shown,
and West, innocently enough, made
the normal lead of the queen of
clubs. From then on, West found
himself caught in a vise from which
he could not escape.
It is not easy to make 12 tricks
against best defense, even with all 52
cards in view. But South managed
the affair very well and'could not be
stopped. He took the ace of clubs and
cashed the A-Q-J of spades, on
Swhich West discarded a heart and a
diamond. Declarer then led a low





I IOW many words or
four letters or more
can you make from
the letters shown
herc?In making a
word, each letter may
S be used on'e only.
Each lust contain tie
centre letter and there
must be at least one
nine-letter word. No
plurals or verh forms
ending in "s", no words with initii
words with a hyphen or apostrop
The first word of a phrase is pern
in inkjet printer).

TODAY'S TARGET
Good 13: very good 20: excellent
Solution tomorrow.


ACROSS
Banners (5)
Talk (5)
Rce dish(7)
Punuation
mark (5)
Transmit (5)
Salute (5)
Horrid (7)
Stink (3)
Formerly (4)
Intrude (6)
Monetary discs
(5)
Chaos (6)
Greek cheese
(4)
Crack force (3)
Military officer
(7)
Happen again
(5)
Storey (5)
Female horse
(5)
Send up (7)
Charred
remains (5)
Gemstone (5)


DOWN
Unfasten (6)
Gamebird(6)
Transgesslon
R (5)
Brooks (7)
Bald(4)
CaounftieQ
Misery(5)
Explosive
devices(5)
Chemical
substances (5)
Float (5)
B 3(5)

PhoapMy(5

Cat e(6)
Cotho4mikar
reshwelr fah


a4 (3)
9)w*1


* Ba


of a Dilemma


club.
West could not afford to play low,
which would have allowed declarer
to finesse dummy's eight, so he
played the ten. South took the ten
with the king and cashed the king of
spades, discarding a diamond from
his hand as West discarded another
heart.
Declarer then cashed the A-K of
hearts, and West, who could not
afford to discard a club, which would
have simplified South's task, was
forced to part with a diamond. That
brought about this intriguing five-
card position


West
*Q9
*J75


North
V9
*J83
48


South
*AK
4964


East
Immaterial


South now cashed the A-K of dia-
monds, felling West's queen and
establishing dummy's jack. The four
of clubs was then led, placing West
in a hopeless position. If he ducked,
dummy's eight of clubs and jack of
diamonds would become declarer's
14th and 12th tricks; ifWest took the
jack of clubs instead, he would then
be forced to return a club from his 7-
5 into South's 9-6. Either way, the
slam was home. k .:.















al capitals andno
hc permitted.
5 r
tted (e.g. et
-44 --- .1
.





al capitals and no


26 (or more). "'i" '
S . .!


ate
a atke


Sergei Tiviakov v Valentin
Arbakov, USSR 1989. Queen and
pawn endgames are notoriously
tricky, and here it looks far from
dear how White (to move)
should proceed. Tiviakov is a
pawn up, so the first thought is
to exchange queens. But that
would be a blunder here
because of 1 Qc5+7 Qxc5+ 2
KxcS h3 when Black's pawn
touches down to queen. Many
other tries enable Black's own
queen to launch a checking
sequence. A long battle in
prospect? No, White made just
one move which was so
devastating in its implications
that Black conceded defeat
What was White's knock-out
punch?


FRIDAY
SEPT 21
ARIES Mar 21/Apr 20
While it will prove to be a bumpy
ride this week, Aries, you'll pull
through it just fine. That's because
you possess the ability, to adapt to
many situations.
TAURUS Apr 21/May 21
It's time to rethink your position on
an important issue at work, Taurus.
Remaining stubborn to change
could alienate you from receiving
the recognition you truly deserve.
GEMINI May 22/Jun 21
Think about taking up a hobby or a pro-
ject to explore your creative side,
Gemini. It could be a good stress-buster
and a way to occupy your time apart
from television or computer usage.
CANCER Jun 22/Jul 22 ,;
Big changes can take place this week if
you do your part to help them occur,
Cancer. Push any negative thoughts
from your head and concentrate strictly
on future goals.
LEO Jul 23/Aug 23
It may not be a good idea to be a
big spender this week, Leo. You'll
need to reserve your funds for the
weeks to come, when gift-giviig
opportunities grow.
VIRGO Aug 24/Sept 22
Slow dow, slow down, slow down.
The speed you've been maintaining
will only lead you totrouble, Viro.
Take the time to simply do nothing
for a change.
LIBRA Sept 23/Oct 23
A promotion at work leaves you
feeling a bit apprehensive as to
your ability to run the show. Don't
worry, Libra, you have the skills
and the know-how to get it done.
SCORPIO Oct 24/Nov 22
For a while your health has been tak-
ing a back seat to oer pressing
issues. Now is the time to make it apri-
ority. Schedule a checkup and make a
resolution to put yourse first.
SAGITTARIUS Nov 23Dec 21
Making new friends can be a surefire
way to stave off feelings of boredom,
Sagittarius. Brush off those social
skills and explore the possibilities of
meeting new people.
CAPRICORN Dec 22/Jan 20
There's a remarkable amount of
good energy surrounding you,
Capricom. Share the love with others
bysending a bright smile in all direc-
tions'as you go through the week.
AQUARIUS Jan 21/Feb 18
It's all ups and downs this week,
Aquarius, so be prepared. Things are
bound to level out by Thursday,
but you may be a little dizzy wait-
ing for that time to come.
PISCES Feb 19/Mar 20
This week is bound to speed by, as you
remain very busy with work and social
commitments. Come the weekend yoa
can recharge, Pisces.


LEONARD GARDEN


Chess solution 8455:1 a3! Resigns. 1f Qxa3 2 Qb
mate. f Qxb3 2 Qc5+ Kg8 (Ke8 3 Qe7mate) 3 Qg5*
Kf84Qg7+ Ke85Qg8mate.


THE TRIBUNE


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14
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21
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P


-1


iuufemewowcu iwV


r
'















Carnival beats expectations with 12 per




cent increase in third-quarter profit


* By ADRIAN SAINZ
AP Business Writer
MIAMI (AP) Carnival
Corporation beat expectations
Thursday with a 12 per cent


increase in third-quarter profit,
based on higher booking prices
and the introduction of new
ships in its North American and
European brands. Shares of the
world's largest cruise operator


2007 Epica Features:

* 2.0L, V6 engine
* Automatic Transmission
* Air Conditioning
* Advanced Suspension
* Driver-side Airbag
* Factory Alarm


RBC
Royal Bank
of Canada-


rose as much as four per cent.
Carnival also said its fourth-
quarter results should come in
lower than in the year-earlier
period, but gave a higher range
for full-year earnings expecta-
tions.
Miami-based Carnival
reported net income of $1.38
billion, or $1.67 cents per share,
for the third quarter ended
August 31, versus $1.23 billion,
or $1.49 per share, a year earli-
er. Revenue was $4.3 billion,
up from $3.9 billion in the same
period last year.
Analysts surveyed by Thom-
son Financial expected earn-
ings of $1.62 per share on sales
of $4.3 billion. The company
had expected earnings per
share to be in the range of $1.60
to $1.62.
Shares rose $1.65, or 3.5 per
cent, to $48.95 in early after-
noon trading.
Carnival Chairman and Chief
Executive Micky Arison said
quarterly results came in bet-
ter than expected because of
higher pricing on bookings tak-
en closer to departure and the
new ships.
"Our North American
brands enjoyed another strong
European season, a solid Alas-


* Alloy Wheels
* Keyless Entry
* CD Player
* Power windows, mirrors
and locks


24-month/24,000-mile factory warranty.


Sfnniadisura0 :3 --
2 int/2, 00mie atoy ar an y in o@nas un ot rc ni w he rle ha am sc r


Legal Notice
NOTICE

TANSANIT GREENS INC.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 20th day of June 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.




ARGOSA CORP. INC.
(Liquidator)


"2008 promises to be a solid
growth year for Carnival
Corp.," Frank said on a confer-
ence call. Later he said, "For
the most part, our customers
are not affected by economic
cycles."
However, Carnival said it
expected fourth-quarter earn-
ings per share to be in the range
of 42 cents to 44 cents, down
from 51 cents in 2006, primari-
ly as a result of significantly
higher fuel prices and timing of
dry-dock expenses this year.
Analysts had been expecting
fourth-quarter earnings of 47
cents per share.
Last quarter, high fuel prices
led Carnival to reduce earnings
estimates by approximately 12
cents per share for the full year.
The company said it expected
full-year earnings per share to


0 Colina.
O W Holdings Bahamas


Class "A" Preference Shares
Dividend Payment

The Board of Directors of Colina Holdings Bahamas Limited (CHBL)
is pleased to announce that a Prefaece Share Dividend for the period
July 1, 2007 to September 30, 2007 at the annual rate of BS Prime
+2.25% will be paid to the Claus "A" Preference Shareholders of
record of CHBL on the 30th day of September 2007.

Payment will be made through theCompany's Registrar and Transfer
Agent, CFAL Ltd. within 10 business days of the record date.



Legal Notice
NOTICE

BAIKAL SLOPES INC.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on
the 9th day of August 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.




ARGOSA CORP INC.
(Liquidator)


.-I


be in a range of $2.85 to $2.95,
compared with $2.77 in 2006.
On Thursday, the cruise
operator adjusted that forecast
toward the higher end of its
previous expectations, with
earnings per share expected to
be in the range of $2.92 to
$2.94.
"We continue to like the
stock and expect it to continue
to trade up in its seasonally
strong trading quarters," JP
Morgan leisure analyst Dean
Gianoukos said in a research
note.
In the third quarter, net rev-
enue yields increased 2.5 per
cent from the prior year. Yields
are a key profitability gauge
that measure net income
earned from passengers per day
from cruise tickets and onboard
sales.
As for fuel, prices increased
7.4 per cent to $376 per metric
ton compared with $350 per
metric ton in the third quarter
of 2006. That was almost in line
with Carnival's previous guid-
ance of $375 per metric ton.
Carnival also said it has
repurchased 4.5 million shares
of its stock for about $195 mil-
lion since the beginning of the
third quarter.
So far, $422 million has been
bought under Carnival's June
2006 $1 billion-repurchase
authorization.
On Wednesday, Carnival's
board of directors increased the
remaining $578 million repur-
chase authorization to $1 bil-
lion. It covers both Carnival
Corp. stock traded on the New
York Stock Exchange and Car-
nival PLC ordinary shares trad-
ed on the London Stock
Exchange, the company said.
Carnival operates 84 ships,
with 17 new ships scheduled to
enter service by June 2011.


East on our











ith Cheese .I'm .lon' it


ka season, and a modest year
over year improvement in rev-
enue yields in the Caribbean.
The recovery in the Caribbean
has continued as the demand
for Caribbean cruises remains
strong," Arison said.
Arison said advance book-
ings taken for the fourth quar-
ter of 2007 and the first half of
2008 are ahead of 2006, with
pricing up slightly from last
year. That bodes well for the
key Caribbean market, where
demand has been sluggish over
the past two years.
Despite national economic
factors such as the struggling
housing market and troubles in
the subprime mortgage sector,
Vice Chairman Howard Frank
said there was no immediate
evidence that those problems
would hurt Carnival next year.


NF li


The 2007 Chevrolet


EPICA is here!

Taking you where you want to go.


Prices starting at

S29,484

.; -
-- 4": ,~ .


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/


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