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The


#1 PAPER IN CIRCULATION


BAHAMAS EDITION


Od response


* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
THE LEADER of the Oppo-
sition has strongly condemned
the response of the government
to flooding from Tropical Storm
Noel, declaring that the prime
minister "did not do enough"
to help Bahamians.
"I think he talked more than
' he did," said Perry Christie yes-
terday at a news conference at
the office of the leader of the
opposition, flanked by his par-
liamentary colleagues.
Mr Christie visited the islands
of Exuma, Cat Island and San
Salvador on Tuesday along with
a team of PLP MPs and former
Public Works Minister Bradley
Roberts, and said to the media
that they were amazed at the


damage they saw from
"unprecedented flooding" on
those islands. The group was
unable to visit Long Island due
to the ongoing flooding, the for-
SEE page eight


Minister: 'not constructive' to suggest
government not assisting flood victims
* By BRENT DEAN
Tribune Staff Reporter
bdean@tribunemedia.net
IT IS "not constructive" to suggest that the
government is not assisting the flood victims
from Tropical Storm Noel, according to Public
Works Minister Earl Deveaux.
Representatives from the ministries of works
and social services went immediately to Cat
Island, Long Island, Eleuthera, Andros and Exu-
ma on Saturday and Sunday, Mr Deveaux told
The Tribune in an interview in response to ques-
tions raised yesterday by the leader of the oppo-
sition.
"Where they needed food, clothing, and
immediate water, they were provided by those
from the teams," said Mr Deveaux of the victims
of flooding across the central and southern Bahamas.
SEE page eight


Mother hits out at
public health staff after
son allegedly suffers
reaction to vaccine
By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
A MOTHER wants the minister of health to
look into whether medical staff in the public
health system are trying to avoid admitting
responsibility for her infant son's illness before his
health further deteriorates.
Donnalee Miller said she is now afraid to take
her 12-month-old son, Athaloskan, back to a
government health facility after a private medical
doctor told her that her son had a severe allergic
reaction to an immunisation vaccine he was giv-
en at the Blue Hill Road clinic a claim that
public medical staff continue to deny.
According to the mother, she took her 12
month old to the clinic on August 15th to receive
a shot of the MMR vaccine. The following day, he
began to break out in itchy, sore bumps all over
his body.
"Every day five and 10 coming out one time,
until it got so uncontrollable, we couldn't count
them no more. His whole head and body was
covered with bumps," said Ms Miller.
Upon returning him to the clinic she was told
that the immunisation could not be the cause,
and he was given medication to treat his skin
outbreak. However, after seven days it had failed
SEE page 18


* By NATARIO McKENZIE
THE land surveyor hired by former MP
Allyson Maynard-Gibson testified yesterday that
he found 27 persons residing west of the
Pinewood Gardens constituency boundary and
43 persons living east of that boundary who vot-
ed in Pinewood on May 2.
Stafford Coakley took the witness stand again
yesterday and testified that in many instances
although numerous voters resided in areas that
could have been within as well as outside the
Pinewood Gardens constituency, he found that
most of their homes were actually located outside
the boundaries of the constituency. Mr Coakley
told the court that while conducting investiga-
tions along with private investigator John Hen-
ry Munroe, he found that many of the addresses
listed on the parliamentary form B were not
consistent with being within the constituency
boundaries.
During questioning by attorney Philip Davis,
Mr Coakley noted that he and Mr Munroe found
Paulette Pamela Adams one of the voters in
question living at east Sequoia Street and
East Buttonwood Avenue. Mr Coakley noted
that the address on the parliamentary form B was
SEE page 18


Dion Foulkes
denies any
wrongdoing
by his former
law firm
By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net
LABOUR and Maritime
Affairs Minister Dion Foulkes
yesterday emphatically denied
any wrongdoing by his former
law firm in light of claims by
nine families that they are suf-
fering as a result of a housing
deal gone wrong.
"I repeat what I told a Tri-
bune reporter last night and that
is that my firm did all that was
required of it and was totally
blameless in its dealings with
the bank and with the borrow-
ers," said Mr Foulkes.
Representative for the fami-
lies, Omar Archer, said he
would give Mr Foulkes "24
hours to explain his position in
all of this," threatening to call
for his resignation from the
Cabinet if he does not give a
"reasonable response."
Mr Archer alleged that the
SEE page 19

Meaning of life
imprisonment
debated at
murder convict's
appeal hearing

By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
THE TRUE meaning of life
imprisonment was debated in the
Court of Appeal yesterday during
the appeal hearing of murder con-
vict Forrester Bowe.
Bowe is appealing his life sen-
tence that was handed down by
Senior Justice Anita Allen last year.
In December 2006 Bowe was re-
sentenced to life in prison after hav-
ing been originally sentenced to
death for the 1992 murder of Dion
Patrick Roach, 20, of Freeport.
Yesterday Wayne Munroe, the
appellant's attorney, and Court of
Appeal President Dame Joan
Sawyer expounded upon what they
called the "curious" nature of the
term life imprisonment. Dame
Sawyer told Mr Munroe that she
did not share the view of many
judges in The Bahamas who felt
SEE page eight


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Chrisi slams


PLP leader claims the

PM did not do enough

to help Bahamians


Fishing boat goes ablaze


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PAN-AMERICAN HEALTH ORGANISATION


Health officials in talks to


combat chronic disease


PAN-American Health
Organisation officials are in the
Bahamas for four days of in-
depth planning as part of the
effort to counteract the effects
of chronic non-communicable
diseases in the Caribbean and
the Americas.
Also participating in the
meeting taking place from
Monday, November 5 to Thurs-
day, November 8 at SuperClubs
Breezes Hotel are ministerial
officials and experts in public
health from countries and terri-
tories throughout the Caribbean
and the Americas.
The gathering coincides with
the 10th anniversary of the
CARMEN initiative set up by
PAHO and the World Health
Organisation in 1997 to pro-
mote the integrated prevention
of non-communicable diseases
throughout the Americas.
The CARMEN initiative
involves a network of countries,
organizations and institutions


"Healthy peo-
ple have a
potential of pro-
viding necessary
labour in the
work force
when compared
to unhealthy
persons.*


that share the common goal of
reducing the prevalence and,
incidence, premature mortality,
and disability due to chronic
diseases and their risk factors.
According to PAHO esti-
mates, deaths from cardiovas-


0r


cular diseases will. triple in Latin
America and the Caribbean in
20 years and chronic diseases
already constitute the leading
cause of premature mortality in
Latin America and the
Caribbean.
The estimates with regard to
other diseases and pathologies
suggest similar patterns. For
example, it is estimated that the
number of people with diabetes
in the Americas will go from 35
million in 2000 to 64 million in
1025. Minister of Health and
Social Development Dr Hubert
Minnis explained that the CAR-
MEN initiative is important as it
can provide a support network
for countries to share, learn col-
laborate, plan and partner to
implement the chronic disease
regional strategy.
Dr Minnis, who spoke at the
opening session, said, "It is a
vehicle that has the potential to
assist the region towards suc-
cessful achievement of the tar-
geted two per cent annual
reduction in chronic disease
death rates from major chronic
diseases.
"This without a doubt will
result in the saving of millions of
lives over the years to come."
He told delegates at the
meeting that healthy people are
everybody's business.
"Healthy people have a high-
er potential of providing neces-
sary labour in the work force
when compared to unhealthy
persons.The linkages of health
to development and economic
stability in countries cannot be
over emphasised," Dr Minnis
said. "Prevention and control
of CNCDs is important for indi-
viduals, communities, organisa-
tions and governments."
Dr Minnis noted that CARI-
COM leaders recognized this
important link in 2001 when
through the Nassau Declaration
they asserted that "the health
of the region is the wealth of
the region".
He pointed out that as a
result, CNCDs were established
as a regional priority and that
the report from the Caribbean
Commission on Health and
Development in 2005 further
substantiated the link when it
identified CNCDs as a chal-
lenge to development in the
CARICOM region.
According to PAHO, one of
the principal objectives of the
international meeting is to sup-
port the development of the
national capabilities of coun-
tries in order to implement the
Regional Strategy and Action
Plan for the Integrated Preven-
tion and Control of Chronic
Diseases and Risk Factors.


SETTLEMENTS throughout the island of San
Salvador remain flooded almost a week after
Tropical Storm Noel struck the Bahamas.
Sections of United Estates, Cockburn Town,
Sandypoint, and Long Bay were reportedly
affected by the intense rains during the stor-
m's passage.
Of particular note was the flooding at the pri-
mary school in United Estates (seen here) -
where classes had to be cancelled until today due
to settled water throughout the school's com-
pound.


.4


*.* ,c, (f,-". : &


PAGE 2, THURSDAY, NOVEMBER 8, 2007


THE TRIBUNE











THETRLOCIB EHSE 8


0 In brief

Population

growth in

Florida slows,

economy

remains strong

* GAINESVILLE, Fla.
FLORIDA'S popula-
tion growth slowed by
about 100),000 people
last year. but the state
should continue to add
about 300,000 people a
year for the next few
years, according to a
new study, according to
Associated Press.
Estimates show the
Sunshine State's popu-
lation grew by 331,000
between 2006 and 2007.
That's compared with
more than 400,000 peo-
ple a year from 2003 to
2006, according to new
University of Florida
estimates.
"There have been a
number of news articles
late focusing on the
idea that population
growth has fallen off
the table top in Florida
and practically come to
a standstill, and that
simple> isn't true," said
Stan Smith, who led the
research.
Florida's total popu-
lation was estimated at
18,680,367 as of April 1,
2007. Florida is expect-
ed to add about 300,000
residents a year during
the next two to three
years unless there is a
recession. Smith said.
"What is considered a
slow year tor popular7
tion growth in Florida
would be considered a
fast year for most
states," he said.

Retirees
I .idd ,' health job
maiket aiid the contin-
ued linoverent of
retirees and foreign
immigrants to the state
helped boost popula-
tion growth last year,
he said. Floiida usually
attracts about 8 percent
to 9 percent of the
nation's immigrants
each year.
Over the next 20
years as the baby
boomers reach retire-
ment age. it is likely
many of them will want
t. move to Florida,
Smith said.
Flagler, the state's
most rapidly growing
county, has grown by 88
pt.rcent since 2000,
troim 49,8 2 to 93,568.
It was followed by
Sumter, which
increased *S pin' ccnt
fromn 53,345 to 89.771,
and Osceola. up 54 per-
cent from 1.72.491 to
266,123.
Counties with the
biggest increases were
Orange County, which
grew by 209,259
between 2000 and 2007,
followed by Miami-
Dade with an increase
of 208.513

i 'i7II 1

I l~


Minist invigaI
unauthoisedimport


of prfabrcatedhome


II


* By PAUL G
TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
STATE Minister for
Finance Zhivargo Laing con-
firmed with The Tribune yes-
terday that his ministry is
investigating to find out who
authorized the importation of
some nine prefabricated
homes, currently sitting on the
government dock in North
Eleuthera.
These homes, which accord-
ing to reports, have been on
the docks for more than six
months were reportedly pur-
chased for re-sale in the
Bahamas. However, to date,
no one has claimed any of the
homes.
Not only were some of the
homes filled with mattresses
imported from the United
States, but they came com-


plete with all bathroom and
plumbing fixtures installed.
Local construction workers
were furious at the prospect
of being undercut for not only
the construction of the homes,
but also finish workers, elec-
tricians and plumbers com-
plained for being "cheated"
out jobs they could have per-
formed locally. These free-
standing structures need only
to be pushed together to form
the complete, finished, home.
"I did get notice from some-
one expressing concern over
this matter and we are now
investigating the matter," Mr
Laing said in a telephone
interview with The Tribune
yesterday.
"Because we know of no
permission granted for any
such thing. What we are being
told is that these are being
provided, or brought in for
sale, and we know of no per-


I


THE HOMES, according to
reports, have been on the docks
for more than six months.

mission or any consent to do
any such thing," he said.
This inquiry, Mr Laing said,
is hoped to discover who the
owners of the homes are, who
they were intended for, and
what "exactly" is going on.
"At the moment, we are not
aware of any consent, permis-
sion, or authorization given
for anyone to import prefab-
ricated homes and sell them,"
Mr Laing said.


Some former employees of


Gladstone Farms still hoping


for severance packages


* By KARIN HERIG
Tribune Staff Reporter
kherig@tribunemedia.net
FIVE years after they lost their
livelihoods, the former employ-
ees of the Gladstone Farms are
appealing to the FNM to make
good on the promises which were
not fulfilled under the PLP gov-
ernment.
The Bahamas' largest chicken
producing company closed its
doors in November 2002, and
many of the more than 200 for-
mer workers are still unemployed
and struggling to make ends
meet.
Some of the employees are
today still holding out hope that
they will be given severance pack-
ages which were promised, but
never received.
In an interview with The Tri-
bune yesterday, a former main-
tenance supervisor at Gladstone
Farms for 33 years, Hartley Stra-
chan, said he feels that he and his
colleagues were let down and for-
gotten by "the Christian commu-
nity, the government and the
union."
In 2002, president of the
Bahamas Commercial Stores,
Warehouse and Allied Workers
Elgin Douglas announced that
severance packages had been
negotiated and that all employ-
ees would be paid following the
closure of the farm.
The promise of "disengage-
ment packages" was backed up
by then Minister of Agriculture V
Alfred Gray.
However, former managers of
Gladstone Farms claimed that
these severance packages were
"a sham".
The Trade Union Congress, led
by Obie Ferguson, also got
involved in the situation.
Mr Ferguson in 2002 said that
he had written numerous letters
to government officials, includ-


Workers appeal to FNM to

make good on unfulfilled

promises from PLP govt


ing Minister Gray, who earlier
that year had increased the cus-
toms duty on rival imports to the
farm.
Mr Ferguson said that the min-
ister had communicated to him
that employee compensation will
be discussed after the assets of
the company are realized.
To this day, Mr Strachan said,
he and his former co-workers
have not seen "a penny" of the
promised severance packages.
"Everyone let us down," he
said.
Mr Strachan said that although
he was able to land a good job in
the five years since the farm's clo-
sure, many of his former co-work-
ers were not so fortunate.
FHe explained that many of the
more than 200 former Gladstone
Farms workers do not possess the
necessary marketable skills to
secure new employment.
"We can't get justice. Many of
those people weren't able to find
work since the closure. For some


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it's the age factor, some didn't
have any other skills," he said.
Mr Strachan said that many of
the former employees have fam-
ilies to feed and are currently in
dire straights.
"We're still catching hell," he
said.
The former Gladstone Farms
workers, Mr Strachan said, are
still crying out to the government
"to do the right thing."
"The government is paying the
Royal Oasis workers, why can't
we get the same treatment?" he
asked.
Gladstone Farms was sold in
2002 after the company failed to
recover from setbacks due to
Hurricane Floyd in 1999 and Hur-
ricane Michelle in 2001, or.from
the effect of the 1998 customs
duty reductions, which gave an
advantage to foreign imports.
The Tribune was unable to
reach V Alfred Gray or Minister
of Agriculture Larry Cartwright
for comment.


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Share

your

news
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from people who are
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neighborhoods. Perhaps
O'u :., ,; raising iunds for a
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for improvements in the
area or have won an
award.
If so, call us on 322-1986
and share your story.


I '


I


THURSDAY, NOVEMBER 8, 2007, PAGE 3


THE TRIBUNE


I~I~IL~IICI InnYL~Li __


m M










PAGEi 4 HRDY NiOVMBER8,T207HESTTRTHIBUDT


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

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

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

Publisher/Editor 1919-1972
Contributing Editor -1972-1991

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.
Publisher/Editor 1972-
Published Daily Monday to Saturday

Shirley Street, 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 Department (242) 502-2387
Nassau Fax: (242) 328-2398
Freeport, Grand Bahama: 1-(242)-352-6608


People's business comes first, Mr Christie


WITH 114 persons charged with murder
released back into the community on bail and
with an overburdened judicial system, the PLP
wanted to stop the people's business in the
House on Monday to complain about Prime
Minister Ingraham verbally abusing Opposi-
tion leader Perry Christie.
The altercation between Mr Ingraham and
Mr Christie came about in the House of Assem-
bly on October 22 during the debate on the
Amendment to the Juries Act, an amendment
intended as a small step towards getting cases
before the courts earlier and criminals off the
streets faster. The shouting match between the
two leaders erupted when Mr Christie, with-
out even excusing his interruption by asking
the Speaker's leave on the usual "Point of
Order," leapt to his feet to shout down Mr
Ingraham in defence of the indefensible "a
paralysed criminal justice system" left by the
PLP government.
A verbal explosion and bitter words fol-
lowed with much finger pointing from both
sides. Mr Ingraham's microphone was on as he
was the speaker who had the floor. Mr Christie's
was off because he was not meant to be speak-
ing. And so, although Mr Christie's lips were
moving at the same time and as fast and his
index finger jabbing the air with the same deter-
mination as Mr Ingraham's, only what Mr Ingra-
ham said could be heard by the public.
"People who left the judicial system in the
state they left it in should be ashamed, should
keep their mouths shut, should hold their heads
down, not be there shoutihg;they are shameless
men and women, you have no shame, you have
no shame Christie, you should be embarrassed
for what you did, you are a most neglectful gov-
ernment, you could have done better, you were
a failure in this regard and we are going to
demonstrate to you that you are a failure. The
public of the Bahamas had good reason to fire
you."
It was at this point that Mr Christie should
have asked the Speaker to intervene, and, if he
were so offended, he could have asked for Mr
Ingraham to withdraw his remarks. An offend-
ed member is supposed to make this request at
the earliest opportunity. Mr Christie, after 30
years in the House, and five years in the Senate,
knew that this was his earliest opportunity -
not two weeks later at the next meeting of the
House.
After tempers had cooled, Mr Ingraham vir-
tually repeated his words this time referring to'
the PLP as the "worthless crew who were in
charge." Again, if Mr Christie were so offended
he should have protested. Instead, he sat quietly
and said nothing.
However, on Monday, probably prompted by


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his more aggressive colleagues, he argued that
that was his earliest opportunity to make his
voice heard. This would have meant delaying
the people's business. A tough Speaker said
no. Mr Christie would have his turn after the last
speaker, who already had the floor, had spoken.
Mr Christie would then be heard. No way, said
the Opposition as they stood, banged their
desks, and shouted as a determined Speaker
ignored their antics, and the government passed
the amended Juries Bill. The House then
adjourned.
In our opinion the issue of decisions being
made by justices in granting bail to persons
accused of violent crime is far more important
than whether Mr. Ingraham should or should
not have called the former PLP government
"wutless" for not doing something about the
breakdown in the courts during its administra-
tion.
What we should be debating is why a murder
accused was released on bail by the Supreme
Court on October 30 after a mere 14 months
behind bars when an already upset public was
assured that such persons were held in prison for
at least two years, only'being released if their
case was not heard by then. At one time a mur-
der accused could get no bail. When the public
started to question this on seeing some of these
people back in the community without trial,
they were told that because the court calendar
was so overburdened, accused were being
denied the swift justice guaranteed them by the
constitution, therefore, those whose cases had
been pending for five years had to be released
on bail. As though this were not shocking
enough, the public was in for another jolt when
it learned that now the practice is for the courts
to release these persons after two years. If that
is true, how could the court on October 30 -
just nine days ago release a man who had
been in prison a mere 14 months accused of a
brutal murder? We think the answer to this
question is far more important to this commu-
nity than whether the word "worthless," pro-
nounced in the Queen's best English with a
crook'd pinkie finger over a good cup of English
tea, is less offensive than the Bahamian ver-
nacular "wutless" -not forgetting of course
that this is the word used by most Bahamians
because most of them have difficulty pro-
nouncing their "th's". As far as we know, the
word, regardless of its pronunciation, has the
same meaning; either pronunciation can be
equally demeaning depending on a person's
tone of voice.
What has been allowed to happen to the
judiciary is unforgivable most Bahamians
would say it was due to "wutlessness," and we'd
be hard pressed not to agree.


Significance of




two companies'




annual reports


EDITOR, The Tribune
OVER the past days two
very significant annual reports
of Bahamian public compa-
nies have been announced -
Cable Bahamas and Comon-
wealth Bank.
Why are their results signif-
icant?
In the case of Common-
wealth Bank a reported
increase in net profits of 24
per cent and for Cable
Bahamas a similar achieve-
ment.
Very clearly in the case of
both these companies, the past
12 months were very positive
and these extraordinary
results were achieved.
It might not be the same for









EDITOR, The Tribune.
MY FAMILY has been
vacationing in Freeport for
more than 25 years. We are
owners at the Freeport Resort
and Club and have enjoyed
our yearly visits. We have
encouraged many of our
friends to come to Freeport to
vacation and they have visited
and spent nioney in Nour city.
How ever. it has become more
difficult to convince friends to
visit FieLpuilt whecn commit-
inents made by Driftwood are
ignored and past obligations
are not accepted by Harcourt
Freeport Resort and Club suf-
fers because of these injustices!
The golf course privileges.
the loss of th, Bahainia Beach
Club and the easy access to the
International Bazaar are tan-
gible assets to owners at the
Freeport Resort and Club.
Fhese pre-existing rights have
been disregarded. The loss of
these basic amenities finan-
cially affect both Freeport
Resort and Club and Freeport
businesses.
These grievances must be
addressed. Freeport Resort
and Club had a 25-year history
with Driftwood and these
amenities are essential for
maintaining a prosperous
tourism base.
JAMES E LEES
October 12, 2007.


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other public companies, such
as Bahamas Supermarkets,
which since the buy-out by the
Bahamian Group has report-
ed there has been a consider-
able drop in their net results;
at least from reading
their published quarterly
results.
It is certainly anticipated
that from all indications
Bahamas Supermarkets/City
Markets will not report they
achieved improved net sales
and their net profit will also
be down.


Rt Hon Perry Christie has
to be wondering if during his
period as Prime MInister
these local giants, Cable
Bahamas and Commonsealth
Bank obviously enjoyed a
strong and vibrant economy;
these results indicate that it
will be significant when in a
years time we will again see
these two companies results
and see whether this incredi-
ble performance has been sus-
tained or lost?
I would also add now
FOCOL who had a record net
profit.
F ROBERTS,
Nassau,
October 27, 2007.


Please return to the


old system soon

EDITOR, The Tribune
FOR the past five years I have been visiting the clinic at
Elizabeth Estates for medical assistance.
A few things I found improper from day one but that was
expected.
However, conditions have continued to deteriorate with
regards to certain aspects at that clinic and undoubtedly most
other clinics in Nassau.
During earlier days, the patients for medication would simply
deposit their prescription at the pharmacy window, sit quietly
and comfortably down and await the calling of their names, pick
up their medication and move on. Not bad!
Not so anymore, they line up and stand up at the window bN
the dozens for anywhere from one hour to three hours whether
ill or not and one by one their prescriptions are accepted and still
standing up.
Finally they receive their medications, if you are lucky enough
for the clinic to have them in stock. Very tiredly and miserably
they leave.
Tell me, why was the previous convenient exercise changed?
When I questioned the pharmacist as to why these changes
were made, she seriously replied "In order to help the patients".
My reply was "Lord any more jokes!" Please return to the old
system soon. The patients are hurting.
A WEARY AND WORRIED PATIENT
Nassau,
November 2007.











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PAGE 4, THURSDAY, NOVEMBER 8, 2007


THE TRIBUNE


'R"


AIft











THE TRIBUNE THURSDAY, NOVEMBER 8,2007, PAGE 5


6'ALEW


0 In brief


Convicted rapist seeking appeal


Bahamian


officials are


taking part in

US Securities


and Exchange

Commission's


programme


TWO Bahamian officials
are participating in the
United States Securities
and Exchange Commis-
sion's annual International
Institute Programme on
Securities Enforcement and
Market Oversight.
Kadesha Musgrove-Han-
na, senior officer in the
Market Surveillance
Department and Geor-
gianne Robinson, field
examiner in the Inspections
Department if the Securi-
ties Commission of the
Bahamas, are in Washing-
ton this week for the event.
Also attending the pro-
'gramme is Woman
Sergeant Debra Thompson
of the Commercial Crime
Section of the police's Cen-
tral Detective Unit.
Since beginning its partic-
ipation in this programme,
the Bahamas Commission
said it has sought to afford
Commercial Crime officers
the opportunity to benefit
from the training as a
means of better equipping
them to assist regulators in
combatting criminal activi-
ties in the financial services
industry.
During the programme,
participants will focus on
the interrelationship
between enforcement, sur-
veillance and inspections.
The increasingly impor-
tant issue of international
co-operation among securi-
ties regulators will also fea-
ture in the week's delibera-
tions.
"In addition to the specif-
ic items on the agenda, the
programme provides an
excellent opportunity for
networking between the
representatives of the vari-
ous regulatory bodies and
facilitates the establishment
of contacts which could
prove critical to the execu-
tion of the several national
supervisory functions of the
different regulators," said
the Bahamas Commission
in a statement.
"Effective market over-
sight is critical to the pre-
vention of fraud and mar-
ket abuse, two objectives
which occupy a place of
growing importance in the
Commission's mandate," it
said.


* By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net
THE MAN convicted of the
rape of a six-year-old girl stood
before the Court of Appeal yes-
terday seeking to have his cor-
poral punishment sentence
overturned claiming that it is
excessive, cruel and unconsti-
tutional.
Andrew Bridgewater, 33, was
sentenced to seven years impris-
onment and 10 strokes of the
cat o' nine tail by Senior Jus-
tice Anita Allen in May for the
rape of a young girl in 2006.
This was the maximum sen-
tence that could be granted
under law, the Justice said in
her ruling.
Yesterday, Bridgewater's
defence team led by attorney
Wayne Watson sought to have
the corporal punishment over-
turned.
Mr Watson argued before
Court of Appeal President


Andrew Bridgewater's lawyer claims client's sentence is 'unconstitutional'


Dame Joan
Sawyer that the
lashes of the cat
o' nine tail
were "cruel",
"barbaric" and
"unconst itu-
tional".
He further .
argued that a
seven year
prison term
was punishment enough for a
first time sexual offender like
Bridgewater.
He claimed the appellant had
suffered greatly since his impris-
onment last year, alleging that
Bridgewater had been accost-
ed and beaten by other inmates
as well as prison guards.
. Mr Watson painted a grim
picture of the appellant's life,
claiming Bridgewater was
orphaned at age 11 and lived as
a vagrant, spending time in and


out of institutions.
He also submitted to the
court that Bridgewater was
"mildly retarded" and had been
so diagnosed at age 11. He
asked the court to consider
these as mitigating factors in
Bridgewater's appeal.
Dame Sawyer admonished
Mr Watson, saying he presented
the court with "bleeding heart"
submissions, but had no forensic
evidence to substantiate his
claims.
Mr Watson later gave the
Court of Appeal notice of his
intent to file a written notice on
the basis that the corporal pun-
ishment handed down was
unconstitutional.
While listening to the sub-
missions of the appellate, Dame
Sawyer told his defence team
that justice was about "balanc-
ing the scales."
"How do you give that girl


Renovated resort now open


* By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net
FREEPORT The Sunrise
Resort and Marina, formerly
the Running Mon Marina, has
been renovated and re-opened
for business as a full service 70-
slip marina and 30-room resort
for boaters.
American Gary Bartel, co-
owner of Sunrise, said the prop-
erty was acquired on August 1
and opened on October 4 after
several months of renovation.
The resort and marina prop-
erty, which is situated at
Bahama Terrace, is looking to
attract a new breed of boaters -
from the US, Canada, and
Europe as well as boaters who
live on the island.
In addition to the marina
facility and resort, there is a fine
dining seafood restaurant, Mahi
Mahi, as well as a fitness centre
and a boat repair yard.
There are plans to open a
sports bar and a day spa, cre-
ate a high-end fitness centre and
install dry and wet dock stor-
age.
Mr Bartel and his partners
say they may even develop con-
dos or single family homes on
undeveloped land on the prop-
erty.
"We plan on being here in
Grand Bahama for a very long
time and we want to achieve a
blend of both foreign and local
boaters," he said.
"We are not trying to create
an exclusive club, we want it to
be an inclusive environment
where all feel welcome."
In addition to opening the
Sunrise Resort and Marina, Mr
Bartel and his partner also own
the Sunset Resort and Marina
in Virginia.
"The marina business is what
we understand and that is what
attracted us to this place. There
is a large void of boat slips and
marina space in the US east
coast, especially on the south
east coast.
"So a lot of the potential cus-
tomers or clients that will be
coming here will be those who
can make the short trip up from
Florida and leave their boats
here permanently or get back
and forth on a regular basis,"
he explained.
"The primary objective that
we have in terms of the marina
is getting those foreign boaters


that are not coming to Grand
Bahama. We are not looking to
take boaters from Port Lucaya
or someplace else we arc
looking for new blood, and that
is those boaters that have never
been to Grand Bahama," said
Mr Bartel.
The marina is able to accom-
modate vessels up to 120 feet
in length. It is equipped with
fresh water, wireless internet,
cable TV, and electricity.
It also has "port of entry" sta-
tus with customs and immigra-
tion clearance onsite, and there
are plans to have the marina
Blue Flag certified for its envi-


ronmental record.
Mr Bartel said the facility
presently employs 18 Bahami-
ans.
He said that the public is wel-
come to dine at the property,
and noted that there is 24-hour
security.
"We are looking to create a
safe, friendly, and secure envi-
ronment where people can
come and experience all the
amenities here," he. said.
The resort will hold its first
public event 'Come by Land,
Come by Sea' pool party and
barbecue on December 1 for
Bahamians and boaters.


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back what she lost?" Dame
Sawyer asked.
She said children are sup-
posed to be protected from such
violent crimes. "How is this girl
supposed to be normal here-
after?"
The matter was adjourned to
January 24, 2008. Prosecutor
Bernard Turner appeared on
behalf of the Crown.
During his criminal trial in
the Supreme Court, Prosecutor
Cheryl Grant-Bethel argued
that Bridgewater lured the child
to an isolated area under the
pretence of a going on a shop-
ping trip.
He then punched her in the
face and engaged in unlawful
vaginal and anal intercourse
with her.


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THURSDAY, NOVEMBER 8, 2007, PAGE 5


THE TRIBUNE


















Senator: Government committed


FERREIRA & COMPANY
Attorneys-at-Law Notaries Public
Environmental Consultants


Chambers, Kemp Building
No 39 Fast Street North P.O. Box EE-15790
Nassau, The Bahamas
Tel. (24) 3-3-7019, 323-7020 Fax: (242) 323-7021


* By LINDSAY THOMPSON
GOVERNMENT is firmly
committed to ensuring that its
immigration policies reflect the
priorities and needs of Bahami-
ans and the economy, Minister
of State for Immigration, Sena-
tor Elma Campbell said
Wednesday.
The Minister was addressing
the Higgs and Johnison annual
private wealth management
seminar held at the British
Colonial Hilton under the
theme: "Immigration and
National Development: A
Commentary".
According to Ms. Campbell,
there is a significant movement
of people from virtually every
part of the world, which is prov-
ing to be challenging for devel-
oping nations such as The
Bahamas.
"The point that must be
made here is that whether we
speak of migration or immigra-
tion, the movement of people
is a complex and multifaceted
phenomenon and one to which
The Bahamas is no stranger,"
she said.
Concrete indicators of the
country's progress are self-evi-
dent, with The Bahamas hav-


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ing the highest GNP per capital
in the Americas.
"Despite periodic hurdles,
our tourism industry continues
to be strong and to serve as the
primary engine in the develop-
ment of our economy," Ms.
Campbell said. "Financial ser-
vices continue to be a key and
critical sector in the economy.
Our ship registry continues to
be the third highest in the
world."
And as facilitator and regu-
lator, the Government has
turned its full attention to the
significant number of projects
underway or to be implemented
in the country, she noted.
The Bahamas, by its prox-
imity to the United States, is
used as a stepping-stone from
South to North. It is also a first
stage immigration destination
and later becomes a gateway


for a second stage migration to
the United States.


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Fax resumes to: 242-377-6351
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"Illegal Haitian immigration
runs a thread through more
than five decades of our history
as a colony and as a country,
consuming much of the L efforts
of our Immigration Depart-
ment, diverting vital resources
from development and obscur-
ing our vision of the border,"
she said. "Undoubtedly contin-
uing mass illegal migration and
illegal immigration generally
have the potential to put in per-
il our economic and social
progress and to disrupt social
cohesion in our country."
In this vein, the Government
has made a commitment to
reduce the number of illegal
immigrants in the country
through regular and routine
apprehension, detention and
repatriation exercises.
"We know, however, that we
cannot rely exclusively on
apprehension, detention and
repatriation if we are to have
an ordered society in respect of
immigration. The erratic, often
impassioned, subjective and
sometimes acrimonious debate
on illegal immigration tells us
so," Ms. Campbell said.
The Minister urged a holistic
approach to matters, including
overstaying, granting legal sta-
tus to persons while they are
illegally in the country, falsifi-
cation of documents, marriages
of convenience, violations of the
Stop List and where it exists,
corruption.
"Immigration laws are meant
to be obeyed and sanctions
must and will be imposed on
those who violate them,
whether they are employees or
illegal migrants. Of course, the
Government will continue to
address these matters through
diplomatic channels with the
countries of origin of illegal
matters," Ms. Campbell
stressed.
Regarding the business and
financial community, she said
the Government recognizes the
need to supplement the labour
force with professional, techni-
cal and skilled workers from
abroad if the country is to con-
tinue its successful path in the
global economy.
"Discerning governments
such as ours also know that
investor confidence is critical to
the success of any project. That
confidence comes from know-
ing that their investment is in
the hands of efficient and com-
petent professional, technical
and skilled workers," Ms.
Campbell said. "Where such
transfer of skills takes place rou-
tinely, Bahamians can, in not
too long a period of time, be
engaged in jobs previously held
by foreign workers.
"Such a strategy ensures that
glass ceilings do not hinder the
upward mobility of competent
Bahamians, and it enhances the
sustainability of foreign invest-
ment in The Bahamas."
The Minister commended
corporations and businesses,
including the law firm Higgs
and Johnson that she said have
been good corporate citizens
and have contributed to nation-
al development in this way.


MINISTER OF STATE for Immigration and Senator Elma Campbell speaks on Wednesday during Higgs &
Johnson's Private Wealth Management seminar.


IndiGO
N E T W O R K S


IndiGO Networks is a growing telecommunications company based in Nassau,
Bahamas. Systems Resource Group (SRG) (IndiGO's parent company) has
a 17-year history in offering innovative technology and telecommunications
solutions to consumers in The Bahamas and

Indigo Networks has a vacancy in the Technical Services department for an
experienced telecommunications technician.

Responsibilities

* The individual will be responsible for the installation, maintenance and
support of Nortel key and PBX systems located primarily in New.
Providence with travel to the Family Islands as necessary
* The individual should have 5 years experience in a telecommunications
technical support and maintenance role
Nortel and/or Mitel PBX Certification would be an advantage
* experience with VolP PBX systems, Cisco switching and routing would
be an advantage
* Ensure service standards for quality and responsiveness are met
* Maintain confidentiality relative to customer accounts and organizational
practices

Qualifications

A thorough knowledge of PBX systems
Initiative and ability to learn new tasks .quickly.
* Reliability, punctuality and good interpersonal skills essential
* Excellent written and oral communications skills
* Ability to work in a fast-paced environment
T* eain player
* Computer literacy
* Excellent client-focused mindset
* Strong problem-solving and decision-making skills

lnidlGO Nciworks offers a comprehensive benefits package. Salary is
commensurate with experience and qualifications.

Interested candidates should submit their resumis in writing by
November 16, 2007 to:

Attn.: Technical Services Manager; IndiGO Networks;
P.O. Box N-3920; Nassau, Bahamas
Or
Fax: 242-677-1050
E-mail: hr@indigonetworks.com


-----


THE TRIBUNE


PAGE 6, THURSDAY, NOVEMBER 8, 2007










THE TRIBUNE TJ-IURSDAY NOVEMBERI 8, 2007,CAPAGEW7


to sound immigration policies


__ --~


-Hll[E


"Lose Yourself n St


PHILIP DUNKLEY (far left), Higgs & Johnson,senior partner, Leroy Smith (centre), Higgs & Johnson Litigation
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THURSDAY, NOVEMBER 8, 2007, PAGE 7


THE TRIBUNE









THE TRIBUNE


PAGE 8. THURSDAY, NOVEMBER 8, 2007


LOA NW


FROM page one
life imprisonment literally referred
to i coni ict's natural life span.
Due to the fact that there is no
definition of a life sentence in the
Bahamian penal code it's true
meaning is indeterminate, Mr
MIuiiioc argued. He also asked the
Coutt to consider the mitigating
actorss of the appellant's age when
,thec crime was committed, the fact
that lie was in the company of an
older person when the crime was
committed, and his apparent indus-
,' rious nature before the offence.
The murder of which Bowe was
convicted occurred on the day of
his 18th birthday it was revealed
l.-estcrday. Mr Munroe also sub-
mitted to the Court that aside from
an attempted prison escape in 2006,
Bowe was unproblematic during


Life imprisonment
his incarceration.
The attempted prison break was
"out of character" foi Bowe, Mr
Munroe stated, perhaps sparked by
the hopeless, downtrodden natoue
of an extended term in 11er
Majesty's Prison.
Director of Public Prosecutions
Bernard Turner asked the Court
to uphold Bowe's life sentence. lHe
and Dame Sawyer debated what
the ruling judge meant when she
sentenced Bowe to a life it- ptisoii,
"for the rest of (Bowe's) natural
life." Dame Sawyer informed Mr
Turner that the term "for the rest
of your natural life" wa2 not known
in Bahamian law.
The appellant's legal team is
appealing his sentence under Sec-


tion I l' of the penal code which
states where a crime is committed
and the term is not specified the
convict should receive a sentence of
seven years.
Bowe has been imprisoned since
awaiting trial for murder in 1995.
1 e was sentenced to death in 1998.
The appeals ol Bowe, and anoth-
er convicted murderer Trono Davis
led to a "landmark" ruling by the
Privy Council in London regard-
ing the Bahamian death penalty.
In March.2006 the Privy Council
ruled that the country's mandatory
death sentence was unconstitu-
tional and that the sentencing for
murder should be left to the dis-
cretion of the trial judge.
Attorneys on both sides are
expected to wrap up submissions
in the appeal hearing at 10 am
today.


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Minister: 'not constructive'

to suggest government not

assisting flood victims
FROM page one

The minister said that the ministry of works has deployed seven
pumps to Exuma, and teams from his ministry went out to assess
damage to the island on Saturday and Sunday. Once they completed
their overview of the flooded areas, he said, assets were deployed
on Sunday, Monday and Tuesday.
Water was flown in to Cat island on Saturday the day after the
prime minister visited the island Mr Deveaux told The Tribune.
This provided water to residents in the deep south "right away" Mr
Deveaux continued, as residents of settlements such as Devil's
Point and Hawk's Nest were cut off from the rest of the island.
No pump has yet been sent to Cat Island to assist in removing the
water that has settled on two miles of road on the Dean's Highway,
Mr Deveaux admitted.
However, when asked about this, he said that there was an issue
over what length of hose was needed to send the water to the sea,
or to a nearby pond. It is still not too late to have. the pump sent, he
said.
"With respect to providing human relief, we have done all that
could normally be done in terms of sending social services in and
providing food water and shelter to those affected," Mr Deveaux
emphasized.
Phenton Neymour, the minister of state for utilities, has also gone
to Cat Island with representatives from Water and Sewerage in
order to work on elevating a water tank on the island, to ensure the
water supply does not again become contaminated from flood
waters.
In Long Island, the inspection of homes has started, Mr Deveaux
said. More than 100 home were flooded, he explained, and the min-
istry of works and the Defence Force are assisting BEC with this
exercise to ensure that the homes can receive power.
Teams were also dispatched to Acklins on Tuesday and Wednes-
day, The Tribune was told.
There was a difficulty arranging flights to Acklins, Ragged Island
and Crooked Island, according to the minister, however a charter
has been sent to assist these islands.
Mr Deveaux said that the flooding from Noel is the worst in 60
years, and in regard to Family Island infrastructure, it has revealed
that there is a need to elevate or relocate some roads in some
areas, and build higher shoreline protection in others.
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Lunch and Refreshments




For Additional Information Contact: 502-7801 or 322-2861 ext 3000 or 3053


Christie


slams flood


response

FROM page one
mer prime minister said.
Mr Christie expressed par-
ticular concern for the resi-
dents of Exuma some of
whom were still cut off from
the rest of the island when
he visited. He also remarked
that the economy of the
island cannot sustain the
continued closure of the
Four Seasons Resort, and
the government must take
immediate steps to "help
return the situation to nor-
malcy."
In San Salvador, Mr.
Christie said that it does not
appear that significant work
is being done by the central
government to get the school
fully functioning. There
needs to be some "senior
official" down there urgently
to restore the situation, he
said. While In Cat Island, Mr
Christie added that there is
need for pumps to remove
water that has settled along
the roads.
"I was myself concerned
that the government did not
see it as a priority to address
the House of Assembly on
this matter when it met last
on Monday," he said, adding
later in the news conference
that he was also surprised
that the prime minister did
not invite him to go along
with him on his tour last Fri-
day.
Mr Christie took a direct
shot at the general public
perception of Mr Ingraham
as a strong leader yesterday,
in a similar fashion to Mr
Ingraham's regular berating
of Mr Christie.
"He creates a wonderful
sort of deceptive thing on
action," said Mr Christie.
"But in point of fact, he has
not done enough in these cir-
cumstances, and I think the
fact that we could go out
there and people could tell
us that they expected him to
'touch them' and to 'encour-
age them' speaks volumes."
Mr Christie said that dur-
ing one of the Grand
Bahama hurricanes, he
walked the streets for nine
hours, and at the end of the
tour, he held a press confer-
ence to inform residents of
what the government will do
to assist them.
"This was within hours of
the wind and water subsid-
ing," he said. "And that is
the action that is expected of
a government and a prime
minister to be able to give
confidence to the people
that you are in charge. And
no matter what kind of dis-
tress they are facing, that
you are going to be able to
have the answer to that dis-
tress."
Mr Christie claimed that
some residents in Exuma
complained to him that the
prime minister did not even
leave his tour bus and visit
with them while on the
island.
This claim though, is inac-
curate as The Tribune
accompanied the prime min-
ister on the tour to Exuma
and the prime minister took
a bus load of residents who
chose to join him on the
entire tour. Additionally, Mr
Ingraham did leave the bus
and visited the site where
Kevin Milford died, before
offering public condolences
to his family at the airport.
Mr Ingraham has also
addressed the country on the
efforts of his government,
stating that teams from
social services, the Defence
Force, the ministry of works,
NEMA and other state agen-
cies, have been dispatched to
the flooded areas to bring
assistance, and assess the
damage. And, he ensured
that water was sent to Cat
Island shortly after he visit-
ed on Friday.
MICAL MP Alfred Gray
also chastised the FNM gov-
ernment for not having visit-
ed Acklins, which has suf-


fered from flooding. Mr
Gray estimates that 75 per
cent of the island suffered
flooding, with the Salina
Point settlement sustaining
particular damage.
Continuing the criticism of
the FNM, Mr Christie
remarked yesterday that
"the government appeared
to have been very indecisive
in how they dealt with this
matter." While the PLP, he
said, will do what they can to
bring continued awareness
to the concerns of those
affected.


SATURDAY NOVEMBER I OTH, 2007
FROM I0:00AM. UNTIL 4:00P.M.


1


mu TA-
I^^^^^^-1











SGunfire erupts after Venezuelan students protest against Chavez reforms


* CARACAS, Venezuela
GUNMEN opened fire on stu-
dents returning from a march
Wednesday in which 80,)000 peo-
ple denounced President Ilu(go
Chavez's attempts to expand his
power.
At least one person was killed
and six were wounded, officials


said, according to Associated Press.
Photographers for The Asso-
ciated Press saw at least two gun-
men -- one wearing a ski mask
and another covering his face
with a 'F-shirt firing handguns
at the anti-Chavez crowd. Ter-
rified students ran through the
campus as ambulances arrived.
National Guard troops gath-


cred outside tlie campus.
Venczuela's largest and a cii-
ter for opposition to Chamc/'s
government. Venezuelaln law
basis state security forces friinm
entlcring the campus, illt I lis
Acuna, the minister of higher
education, said they could he
called in if the university requests
them.


Diabetes




Free
GLUCOSE TESTING


Girl Guides call on the Governor General
LITTLE MISS Simone Rolle, third from left, of Bahamas Girl Guides and a student of S C
McPherson, pins a poppy on the Governor General's lapel at Government House on Monday. From
left are Charles Fisher, British Legion; Rev Matthias Monroe, Chaplain of the British Legion; Little
Miss Simone Rolle, Governor General Arthur Hanna, Ormond Poitier MBE, British Legion and Sime-
on Rolle Jr, youth president of the First Baptist Church.


$1.25m home in


the Bahamas up


for raffle in Dubai


AS PART of the promo-
tion for the new Rum Cay
Resort Marina, Montana
Holdings will raffle a $1.25
million ocean-front home in
the Bahamas at this year's Oil
Baron's Ball in Dubai.
As the platinum sponsors
for the fifth Oil Barons' Ball,
Montana Holdings will show-
case their new resort in a spe-
cial exhibition on the lawns of
the Emirates Golf Club in
Dubai.
Considered Dubai's premier
corporate social event for
executives of the oil and gas
industry, the Oil Barons' Ball
features 'the crowning. of the


Middle East Oil Baron 2007
and will raise money for the
ball's official charity, the Make
A Wish Foundation.
An additional highlight of
the evening will be the multi-
million dollar Rum Cay
Resort Marina Treasure
Hunt.
Number
Each guest at the ball will
be given a brochure contain-
ing a number and web
address. The web address will
be activated the moment the
ball is finished.


"Our interactive, cyber trea-
sure hunt is designed to pique
the interest of this technolog-
ically savvy gathering who will
truly appreciate the natural
elegance of this incomparable
out-island Bahamian property
while helping support the
Make A Wish Foundation,"
said Montana Holdings CEO
John Mittens in a press state-
ment.
The new Rum Cay Resort
Marina is an 897-acre resi-
dential resort being developed
as the premier destination for
travellers seeking an authentic
Bahamian "out island" expe-
rience.


Dates and locations listed below.
ALL TIMES: 10 AM to 1 PM

November 12
Prescription Centre
Rosetta Street
November 19
Lowe's Pharmacy
Soldier Road


November 26
Lowe's Pharmacy
Harbour Bay





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THE TRIBUNE I


THURSDAY, NOVEMBER 8, 2007, PAGE 9


C











PAGE 10, THURSDAY, NOVEMBER 8, 2007 THE TRIBUNE


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Rafes based on 4 persons travd .fftfces subject to change and availability. Hotel taxes, ticket and booking fees are extra.


This year's Red Ribbon Ball
is expected to raise a total of
$50,000 to help the AIDS Foun-
dation of the Bahamas continue
its latest initiative to provide a
home for children who have
been orphaned as a result of
HIV/AIDS.
Colinalmperial's 14th Annu-
al Red Ribbon Ball is set for
Saturday, November 17 at 8pm.
The event will be held under
the patronage of Prime Minister
Hubert Ingraham and Mrs
Dolores Ingraham in the Grand
Ballroom of the Atlantis Resort
on Paradise Island.
Camille Barnett, President of
the AIDS Foundation of the
Bahamas, said funds from this
event and the next several balls'
will enable the foundation to
pay a mortgage on a three bed-
room, two bathroom house in
southern New Providence that
should be ready to house four
to five children by March 2008.
"The purchase and renova-
tions will cost about $200.000
and the bank is allowing us to
make balloon payments when-
ever we receive a lump sum. We
are days away from making the
purchase . I wish to publicly
acknowledge and thank Coli-
nalmperial and the Red Rib-
bon Ball Committee for 14
years of dedication and com-
mitment." she said.
Ball organizers say prepara-
. tions,are well underway to
ensure that each guest will enjoy
" an unforgettable evening in
every sense from a sumptu-


ous, creative menu and appeal-
ing d6cor to gifts, prizes and
music as they contribute to
this significant and meaningful
cause.
"This year's theme is simply
'The Promise', said Nicole Hen-
derson-Smith, who serves as co-
chairman of the Red Ribbon
Ball Committee along with San-
dra Smith. "This is what Coli-
nalmperial's commitment boils
down to: a promise made, and a
promise kept," she said.
Entertainment at this year's
ball will feature a wide variety
of musical styles and some of
the country's top performing
artists including the Falcons, the
Royal Bahamas Police Force
Band, Tino Richardson & Com-
pany and special artist Ronnie
Butler.
As in past years, every guest
attending the ball will receive
a gift courtesy of John Bull and
there will be table prizes.
Two separate silent auctions
will be a part of the evening's
exciting programme, featuring
the exquisite David Yurman
jewellery line and an original
painting by Antonius Roberts.
The always popular in-house
raffle will also offer opportuni-
ties to win fabulous prizes
including trips to Zurich, Swiz-
terland; Vancouver, Canada;
Los Angeles, California: Chica-
go, Illinois; and Curacao cour-
tesy of American Airlines.
The inaugural Red Ribbon
Ball was held in November
1994. "It was not a very popular


cause back then," says co-chair
Sandra Smith. "Few corporate
sponsors would be identified
with it because of the stigma
then attached to the disease.
We've come a long way as a
nation since then."
Colinalmperial, the country's
leading insurance company
signed an accord with the AIDS
Foundation of the Bahamas to
provide funding and other
resources for the Foundation.
Since then, the Red Ribbon
Ball has annually raised around
$50,000 with a cumulative effect
of providing more than half a
million dollars for the AIDS
Foundation of the Bahamas.
Red Ribbon Ball proceeds
donated to the AIDS Founda-
tion by Colinalmperial have
been used over the years to:
Refurbish the Delancy
Street property which is cur-
rently used as a resource and
counselling centre
Provide medication to indi-
gent HIV-positive pregnant
mothers and their babies, sig-
nificantly reducing the rate of
transmission from mother to
baby
Fund education and train-
ing programmes
Increase awareness pro-
grammes and public announce-
ments
Provide help and support
to persons living with
HIV/AIDS
House children orphaned
by HIV/AIDS


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READY FOR
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ii~d~


THE TRIBUNE


PAGE 10, THURSDAY, NOVEMBER 8, 2007


~ap~c











THE TRIBUNE THURSDAY, NOVEMBER 8, 2007, PAGE 11


LOA NW


BTC offers

assistance of

over $86,000

to residents

of Long Island
THE Bahamas
Telecommunications
Company has
announced the donation
of more than $86,000 to
the residents of Long
Island who were affect-
ed by Tropical Storm
Noel.
The storm struck the
southern Bahamas last
week, bringing torren-
tial rain and causing
serious flooding in a
number of islands. Long
Island was said to be the
worst affected.
On Thursday Novem-
ber 8, BTC applied $20
worth of air-time to the
more than 4,000 GSM
and TDMA post paid
and pre-paid customers
registered on Long
Island.
Many residents had to
rely solely on their
mobile service to com-
municate with loved
ones and friends, due to
Tropical Storm Noel
flooding the island with
large volumes of rain
and debris, which
damaged landline
telecommunication ser-
vice.
Marlon Johnson, vice
president of marketing,
sales and business
development for BTC,
said that this is "just
one of the various ways
BTC is able to display
its unparalleled civic
involvement and com-
mitment.
"BTC has been happy
to have been able to
support the residents of
Long Island as they are
recovering from
the devastation caused
by this storm," he
said.


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KFC gives away
fifth Nissan Almera
in the Colonels
Great Giveaway
MONDAY night was the
time and KFC at the Mall at
Marathon was the place for
the 5th drawing in the
Colonel's Great Giveaway -
which saw another Nissan
Almera go to a lucky KFC
customer. This time it was a
very excited Patricia Ann
Simms, a KFC customer
since childhood, as well as a
dedicated Sanpin client, who
walked away with the shiny
new car. Mrs. Simms is still
undecided about whether to
keep the car for herself or
give it to her son as a wed-
ding gift.
Pictured (L to R) are: KFC
Mall at Marathon staff mem-
bers, Raynell Bowe, KFC
*. manager; Patricia Simms,
winner; Charmaine Rolle,
Sanpin Motors; Deborah
Miller and Margret Hanna
KFC, area managers The
Colonel has two more
Almeras to give away.


THURSDAY, NOVEMBER 8, 2007, PAGE 11


THE TRIBUNE


"I
* ^ ^.";,
* / '


8.











'PRECIOUS PEARLS AT OLD BAHAMA BAY': Senior citizens from Western Grand Bahama districts enjoyed
an afternoon lunch and visit at Old Bahama Bay at Ginn sur Mer. Pictured along with the group are: (far left)
Dorothea Gomez, senior welfare officer, Ministiy of Social Services and Community Development; and (far right)
Ricardo Smith, manager, Aqua restaurant, Old Bahama Bay.


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Ginn gives support


to two govt agencies


GINN RESORTS showed
support to two government
agencies during the month
of October.
As part of a month-long
calendar of activities to
observe Older Persons
Month by honoring elderly
Bahamian citizens, the
Department of Social Ser-
vices in conjunction with the
Ministry of Health and
Social Development hosted
a' group of 20 seniors from
the West End and Eight
Mile Rock districts to a spe-
cial luncheon at Old Bahama
Bay at Ginn sur Mer.
Accompanied by repre-
sentatives from the Ministry
of Social Services and Com-
munity Development and
Urban Renewal, the seniors
dined in the resort's fine din-
ing restaurant, Aqua, which
overlooks the resort's pic-
turesque 72-slip marina.
Additionally, to support
the initiatives of Grand
Bahama Health Services,
Ginn sur Mer donated scores
of pillows to the Rand
Memorial Hospital and West
End Clinic. The pillows will
be used for patient care.
According to Bob Van
Bergen, vice president and
general manager of Old
Bahama Bay at Ginn sur
Mer, donations are key to
their goal of growing the


40
4~
4',
4'- 4
4' 4~
~

A
'a


GINN DONATES PILLOWS: Representatives from the Grand Bahama ,-
Health Services appreciatively accept pillows donated by Old Bahama
Bay at Ginn sur Mer. Pictured (left to right) are: Lasha Colton, housekeeping
manager, Old Bahama Bay; and Grand Bahama Health Services West
End Clinic representatives, Wilfred Adderley, security; Valerie Woods,
nursing auxiliary; nurse Rosettie Henfield.


communities where they
develop.
"Ginn Resorts is commit-
ted to giving back to the
community," said Mr Van
Bergen. "We are pleased to
be able to further the cause
of these government agen-
cies who are doing so much
to help the people of the
Bahamas."
Ginn Resorts is currently
developing Ginn sur Mer, a
2,000-acre resort community
next to Old Bahama Bay
that will contain more than


4,400 condominium and
hotel units, nearly 2,000 sin-
gle family residential home
sites, signature golf courses '
designed by Jack Nicklaus
and Arnold Palmer, club-
houses, two large marinas, a
private airport, a Monte ,
Carlo-style casino, water and
swim pavilions, a beach club ...
and a spa. i
The $4.9 billion Ginn sur
Mer development will r
serve as Ginn Resorts' flag-
ship Caribbean develop-
ment.


REVLON INTERNATIONAL MAKE-UP ARTIST

RAYMOND LUGO

i oThursdavey,Friday810

November 8-0


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PAGE 12, THURSDAY, NOVEMBER 8, 2007


THE TRIBUNE












Promising students receive


$45,000 scholarships boost I

---------- --l//I /I/'


MAKiNG THE GRADE: Pictured, front row (1-r): Mavis Burrows Commonwealth Bank assistant VP tor operations Kendrick
Anderson: Sandia Eugene: Cheryl Carey, Shirley Cartwright Commonwealth Bank senior VP for credit risk: Dominque McCoy,
Anthea Cox, Commonwealth Bank VP for human resources, training and recruitment. Back row: Ava Knowles. Anna Wilson,
Pareele Woods, Gailin Rolle, Jessica Simmons. Not pictured: Heidi Plunkte, Phillipa Ingraham, Krystal Fox and Johnae But-


Twelve promising students
entering the College of the
Bahamas have been awarded
$45.600 in scholarships from
Commonwealth Bank.
It is the highest amount since
the bank introduced the pro-
gramme more than a decade
ago as part of its longstanding
commitment to education and
youth development.
At the beginning.of this
school year, Commonwealth
Bank provided $250,000 worth
of school supplies and back-
packs to 10,000 students at gov-
ernment schools in Nassau and
Grand Bahama.
"The scholarship programme
is a reflection and an extension
of Commonwealth Bank's
belief in the absolute, intrinsic
value of education," said T B
Donaldson, chairman of Com-
monwealth Bank. "We hope
that through this progianune, a
Bahamian bank has provided
the opportunity for Bahamian
students to attend a Bahamian
institution of higher education
to prepare for careers to help


Record sum for
Commonwealth
Bank scheme
grow and diversify our Bahami-
an economy."
Mr Donaldson was also
named chairman of COB's Col-
lege Council this year.
According to Commonwealth
Bank president and CEO
William Sands, the bank began
donating scholarships more
than a decade ago.
"The College of the Bahamas
was a two-year institution then
and we are pleased that our
programme has continued to
glow as COB has grown,
expanding in depth and offer-
ings," Mr Sands said.
'.We hope many of tliesc stu-
dents will remain at COR to
complete their bachelor leiei
degrees, which the college nowi.
offers a,5 it m qes toward uti
C' n t tlU .',


Each scholarship is offered
to recipients for a maximum of
two years. In order to be con-
sidered for the aNwards, recipi--
ents must be Bahamian, possess
a high school grade point aver-
age of at least 3.0 and meet the
college's admissions criteria.
Scholarships are usually
awarded in the fields of finan-
cial services, agriculture, engi-
neering and technology, Eng-
lish, foreign languages, art and
music, tourism studies or teach-
ing/education.
Since the inception of the
scholarship programme, Com-
monwealth Bank has provided
COB scholarships to 45 deserv-
ing Bahamians, some of whom
have also had summer and hol-
iday positions with the bank and
after studies have gone on to
become Commonwealth Bank
employees.
Commonwealth Bank, which
operates 10 branches in Grand
Bahama. Abaco and New Prov-
idence, is the .:ountiy's most
widely held company with some
;,d00 sharichoidci '.


ELECTION 2007

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THURSDAY, NOVEMBER 8, 2007, PAGE 13


THE TRIBUNE


-\










PAGE 4, TURSDY, NVEMBE 8, 007 HE TIBUN


"We started meeting in early September and the
plans are well on the way and wereally want to
impress this year." Karin Sanchez, organiser


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Phone: 302-4'(i.


i jU Freeport As Christmas
I approaches, Grand Bahamians
i 7 know it is once again the Festival
> ^ Noel time of year.
Iz The annual event, which is put
together by the Grand Bahama
0 e branch of the Bahamas National
IAI W Trust and sponsored by Bristol
Wines and Spirits, is scheduled
41 this year for December 7 and will
be held at the Rand Nature Cen-
N tre.
This year's event will mark the
13th time that the Grand
X Bahama branch of the Trust has
put on this event and each year it
has been one of the most suc-
cessful events on the island.
"We have a lot to live up to,"
C said New BNT regional branch
president, Karin Sanchez, who
S is also chairman of the event.
d "We started meeting in early
September and the plans are well
on the way and we really want to
impress this year."
Bristol Wines and Spirits is
back in full support of the festi-
cerning wine consumers as they
again showcase over 30 varieties
of wine and champagne.


LECTURE DATE

Thursday, November 15th, 2007@ 6pm

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Annual event
scheduled for
December 7
Bristol also plans to bring back
the very popular Bacardi Mojito,
which was one of the more
popular additions of last year's
event.


"We are already choosing our
wines now for the night," said
Robbie Butler, Bristol Wines and
Spirits sales manager, "and the
success of the mojito bar may
cause us to bring a few more sur-
prises but you will have to ven-
ture into the event to find these."
Artists from all over Grand
Bahama, New Providence and
the Abacos will be showcasing
their talents too and there will
be not just one, but three spe-
cial featured guest artists.
Under the theme, "Our Nat-
ural World" this trio of two Nas-
sau based photographers and
one artist will showcase work
inspired by nature.
"We are very excited about
this team of artists, we are par-
ticularly pleased they will be
showcasing nature as their back-
drop," said Mrs Sanchez.
The Chef Noel Competition -
which is shaping to be a contest
that really gets the taste buds
going is also back on.
This year local restaurants on
the island will battle to dethrone
"the Harbour Room" who were
the winners of last year's com-
petition.
"We plan to have tickets out to
our ticket locations next week,"
said Cecilia Bodie, BNT admin-
istrator and education specialist
"we also have some good news,
ticket prices will not change this
year and Bahamas National
Trust members will get a $5
discount when purchased here
from us at the Rand Nature Cen-
tre."
The committee will now be
meeting weekly to finalise all the
details and to begin hanging the
thousands of lights that will dec-
orate the botanical Rand Nature
Centre.


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THE TRIBUNE


PAGE 14, THURSDAY, NOVEMBER 8, 2007


- : I












THETIBUNETHURSDAmlYnNIOVEBER8,007PAEINTERAIL


GUANTANAMO TRIBUNALS


Canadian detainee's case set to open


m GUANT ANAMOU AY
NAVAL BASE, Cuba
Associated Press


1-HE PENTAGON'S twice
derailed effort to try a fornici
child soldier who allegedly
killed a Delta Force conunando
in Afghanistan resumes today
and few expect the proceed-
ings to go smoothly, according
to Associated Press.
Almost six years after the first
men captured by the United
States and its allies were
brought in chains to this U.S.
military base, not a single one
has been tried by the military
tribunals called commissions,
set up by the Bush administra-
tion. One detainee, an Aus-
tralian, was convicted in March
in a pretrial plea bargain.
Anticipation has been build-
ing for the trial of Omar Khadr,
a Canadian who was 15 when
he was captured in Afghanistan
in 2002. Lawyers for the prose-
culion and defence, journalists
,6, aekmbers of human rights
S '--,.s that will monitoi the
i.)c:'edings flew arrived in
Gt uantanamo on military planes
Tuesday.
Even before Khadr, who is
now 21, can enter a plea on
n iarges of murder, conspiracy
and others in a small hilltop
courthouse, the judge must
i resolve the thorny issue of
whether he can even legally
stand trial here.
In June, a military judge dis-
missed charges against Khadr
because according to legisla-
tion passed by Congress and
i signed into law by President
', Bush last year, only "unlawful
enemy combatants" can be tried
by the military commissions.
SKhadr was previously identified
by a military panel as an enemy
r combatant, without the critical
"unlawful" designation.
A hastily appointed military
appeals court said this summer
.hat the judge can decide
Whether to add the "unlawful"
;to Khadr's status and thus
subject him to a commission tn-
Sat. Defence lawyers predict oth.
Ser bumps in the road in a system
That has never been tested and
that critics say was hastily
slapped together after the
_,Supremue Court last year
dectaied the *previous system
unconstitutional.
"We haven't even begun to
identify all of the issues or kinks
,or flaws in this commission
process, let alone address
-them," said Army Col. Steve
David, the chief defence coun-
sel for the military commissions.
The lead defense attorney in
Sthe case said the judge, Army
Col. Peter Brownback, is pro-
Shibiting Khadr from citing inter-
" national, constitutional, or crim-
"'ial law in backing any claim
5,that he is not an unlawful ene-
'my combatant.
The attorney, Navy Lt. Cmdr.
'- William Kuebler, said the judge
-has also refused to hear argu-
ments on whether his client can


More hurdles expected in trial ol former child soldier


he ti1ed loI crinies alleged
coinuiiiiuild \when KhIad was ai
init io
A spokesman loi lihe Wash.
ingion-based office in charge of
the commissions. Army Maj.
Bobby Don Gifford, said it
would be inappropi iate for the
government to comment on
such concerns before defense
lawyers have a chance to raise
them formally in the courtroom.
Khadr's Canadian attorney,
Dennis Edney, said he has been
barred from the hearing
because he has been feuding
over strategy with a U.S. mili-
tary officer on Khadr's defense
team. But Edney said he
believes the Pentagon wants to
keep him away so he cannot
make objections in the court-
room over the trial process.
"They want to push Omar
Khadr through," Edney said.
David rejected Edney's alle-
gation and said Khadr, the son
of an alleged al-Qaida financier,
will have a chance to tell the
judge which lawyer lie wants.


J.lennilei Daskal, senior counn
tle lteronism counsel at -Human
Rights Watch, called for
Khadr s tiial to be mIoved to
federal court.
"It's time for the Bush admin-
istration to recognize that its
legal experiment has failed,"
she said.
The Pentagon insists the com-
missions are fair and appropri-
ate to try terror suspects it
describes as among America's
most dangerous enemies.
Khadr allegedly received
training at an al-Qaida com-
pound in Afghanistan and set
land mines to attack U.S. mili-
tary convoys.
He is accused of hurling a
grenade that killed Army Sgt.
1st Class Christopher Speer, 28,
of Albuquerque, N.M., when
U.S. forces entered the com-
pound following an August
2002 firefight.
Khadr is one of three Guan-
tanamo detainees facing charges
under the Military Commissions
Act, which Congress approved


iislt Vci I hCi mililaly has said it
pIl,iIi tU fimsecute as many as
80 )i' :I tIi i0mni held at Guan-
IiiinuaIii II is Hbuilding a $10 mil-


'I




.,-..- f~*
A ~1


lion tent city on an abandoned
airstrip to accommodate trials
that could begin as early as this
spring. But the Supreme Court


iai ap_;iun b1 ing 0,th1 ,li .
halt. A chlalleigc to I 1 .
slitult d system is |e ,fildi,
before the Supreme ( om1i ,1j !
lawyers for detainees h,\
asked the judges in giurai
they can challenge Itwi,
finement in U.S. comrts.


Each year thoL,-,dnds of mnigratory w,.'ir
fowl travel Soutn and spend the w.itr-i in
the West Indies. Farm ponds sucGh as the
one on the Maillis Farm become havens
for these birds as they relax and feed
throughout the winter mr-onths. Join the
BNT and view Blue-winged Teal, Not tlher,
Shovelers and hundreds of White-
cheeked Pintails.

For further information call 393-1317 or
E-mail bnt@bahamasnationaltrust.org

Please wear a hat, comfortable closed-in shoes
and long pants. Bring binoculars and a cool drink.


FANTASY


FOREST


2007 at 12 noon


* Santa & Snowbear


* FREE Popcorn


* FREE Balloons!


* FREE Candies!


* FREE Face Painting

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* Royal Bahamas


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THE TRIBUNE


THURSDAY, NOVEMBER 8, 2007, PAGE 15


a











PAGE 6, TURSDYRNVEMBEA8N 007IHE TIBUN


After School Center
seeks a primary school
teacher to work part-time.

Call: 558 1809
Email Resume: info@rightafterthebell.com


Cuba is praised for the




ability to feed its people


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A U.NX food expert hailed
Cuba as a world model in feed-
ing its population, some 18
years after the collapse of the
Soviet Bloc ravaged the island's
economy and sparked wide-
spread hunger, according to
Associated Press.
Jean Ziegler, who has been
the United Nations' indepen-
dent investigator on "the right
to food" since 2000, spent 11
days in Cuba on a fact-finding
mission, meeting with top offi-
cials and chatting up farmers,
state managers and ordinary
Cubans waiting in line for food
allotted by ration cards.
"We haven't seen even one
malnourished person" a rare
feat in much of poverty-stricken
Latin America, Ziegler said
Tuesday. "The right to being
fed is the priority, without a
doubt."
Cuba is one of 32 countries
that include the "right to food"
in their constitutions, and fewer
still including Brazil, Latin
America's largest economy -
meet pledges to provide food
to all their citizens, he said.
Ziegler, who visited two pris-
ons in Havana to ask inmates
about their daily diets, did not
address human rights concerns
over the arbitrary imprisonment
and alleged abuse of political
prisoners and critics of the
island's one-party government.
Despite a 46-year U.S.
embargo against the commu-
nist-run island, Cuba has found
ways to ensure its population
does not go hungry, Ziegler
said. "Cuba always invents an
answer," he noted.
Widespread daily shortages
continue to frustrate Cubans,
and the government blames
those and nearly all other -
problems on the embargo. Yet
since 2000, Cuba has been able
to purchase food and agricul-
tural products from the U.S. on
a cash basis.


SWISS JEAN ZIEGLER, UN Special Rapporteur on the Right to Food,
speaks during a news conference in Havana, Tuesday, Nov. 6, 2007.


The island still struggles with
major deficits in food produc-
tion, and relies too much on for-
eign imports, Ziegler said. But
the related need to improve
production capacity has been
addressed more openly since
July, when interim leader Raul
Castro encouraged people to
seek ways to improve efficiency
in farming and other sectors.
Raul Castro has governed
Cuba since July 2006, when
emergency intestinal surgery
forced his brother Fidel to step
aside.


In the early 1990s, Cuba was
forced to adopt wartime-like
austerity measures after the
Soviet Union collapsed and the
island's gross domestic product
plunged by 35 percent.
Ziegler's visit marked the-
third time a U.N. special inves-
tigator has been invited to the
island since 1998. The Geneva-
based U.N. Human Rights-
Council appoints outside.
experts like him to investigate'
specific countries or subjects,
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The Bahamas Telecommunications Company Limited (BTC) is soliciting proposals
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providers for BTC. Mobile content is any media that can be viewed via mobile
phones.
BTC is preparing to launch mobile content services in the Bahamas. The initial
launch of mobile content services by BTC will include ringtones, logos, graphics
and games. BTC is looking for a partner/partners to deliver and host rich mobile
content to BTC GSM end users, the proposed mobile content service solution should
be inclusive of the following:
The respondent must provided a hosted solution which allows mobile content
from third parties to be delivered to BTC customers. Please also note that BTC
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Please respond to this RFP by no later than 4:00 p.m., Monday, December 3rd,
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Mr. Leon Williams
President & CEO
The Bahamas Telecommunications Company Limited
P. 0. Box N-3048
John F. Kennedy Drive
Nassau, Bahamas
Proposals will be opened at 12:00 noon,
Tuesday, December 4 2007 at BTC, JFK Drive.
BTC reserves the right to reject any or all proposals.


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a.'a


PAGE 16, THURSDAY, NOVEMBER 8, 2007


THE TRIBUNE






THURSDAY, NOVEMBER 8, 2007, PAGE 17


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PAGE 18, THURSDAY, NOVEMBER 8, 2007


THE TRIBUNE


LOCALNWI


Mother hits out at public



health staff after son allegedly



suffers reaction to vaccine


FROM page one

to have any effect.
She then took him to
Princess Margaret Hospital for
diagnosis, and claims she
received the same response.
"They told me there was noth-
ing they could do," she said.
It was at this point on
September 3 that she decid-
ed to see a private doctor, Dr
Nicholas Fox. "He was exam-
ined and diagnosed as having a
severe allergic reaction to the
MMR injection. He just had to
look at him to see that," she
said.
He was given a shot to
counter the reaction and
administered anti-hystamines.
However, while this caused
the spots to dry up, Ms Miller
could not afford to continue
the treatment as her salary is
only $120 below minimum
wage.
It was at this point that Ms
Miller returned with
Athaloskan to the Princess
Margaret Hospital where she
hoped doctors would act on Dr

,,,.----


Fox's advice. However, she was
given a different assessment -
that he was suffering from
either scabies or infected
eczema.
"My whole household was
treated for the scabies, no one
was infected by it. It's a conta-
gious disease and no one in the
house had got it," she said.
She said the outbreak has
caused her son to suffer dis-
tress as he is constantly itchy
and sleeps disruptedly. "He
scratches and cries all night....I
don't sleep, I haven't slept in
three months," she said.
During an October 5th
appointment, Mrs Miller claims
a PMH doctor at the hospital's
skin clinic told her that "to be
honest, she doesn't know
what's going on with his skin."
Uncertainty about her son's
condition and whether it is con-
tagious, and the ineffectiveness
of medications prescribed by
the hospital have put the moth-
er under strain at work, as she
has had difficulty finding per-
sons to look after her son.
Meanwhile, the mother
lamented that obtaining the


medications prescribed by
PMH doctors is a further prob-
lem as it is not regularly in
stock at the hospital pharmacy.
"The medication, they never
have it, I have to go and pay
over the counter. One tube of
medication $30-some dollars,
another $40-some dollars..."
Two weeks ago she was
advised to contact the minis-
ter of health about her con-
cerns.
"I called to make an appoint-
ment, but his secretary asked
me what it was about and said
I should write him a letter and
then he would see me once he
sees that.
"I can't express it in a let-
ter," she said. "I need to speak
with him as soon as possible.
No one is living up to what this
might be, he is not getting the
attention he needs."
The mother's fear about her
son's condition led her to
decide not to take Athaloskan
for his follow up MMR booster
jab on the 30th for another
booster.
"I was afraid he would break
out more," she said.


Ms Miller said that she wish-
es she could take her son to
the US, where he was born, to
get another opinion, but she
does not have the means. She
said that coming to the press
is a last resort in light of her
increasing concern about her
son's well-being after having
received no satisfaction from
the public health system.
"They know what's going on
but they just don't want to
own up that it was the MMR
that messed him up," she
said.
She is suspicious that per-
haps her son was given a "shot
for an older child" ps when she
went to the clinic for the shot,
staff members argued with her
about her son's age, claiming
he must be 15 months and not
11 months as his mother assert-
ed.
"You think I don't know
how old my child is?" she
asked in exasperation.
A message left with health
minister Hubert Minnis' secre-
tary yesterday seeking com-
ment from Dr Minnis was not
returned up to press time.


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The land surveyor hired'

by former MP continues

election court testimony

FROM page one

listed as north Sequoia Street and east Buttonwood Avenue. He
told the court that that address could be within the Pinewood
constituency boundaries as well as outside. Mr Coakley also told
the court of how on one occasion he found two persons living at
the same apartment although they had registered with different
addresses. Mr Coakley told the court that Eleanor and Vanes-
sa Dean, the two voters in question, were found at apartment
number two, north Sequoia Street, east of Buttonwood Avenue.
Mr Coakley noted that the parliamentary form B stated that
Eleanor lived at south Sequoia Street, East of Buttonwood
Avenue, which could have been within as well as outside the
boundaries.
Mr Coakley also told the court that in many instances, he and
Mr Munroe found that some voters resided in other areas, such
as Nassau Village. Mr Coakley told the court that Nicole Fer-
guson, another one of the voters in question, was found residing
at Forbes Street, Nassau Village. Mr Coakley told the court that
the address on form B was listed as apartment number one
south St Mark Avenue, east Buttonwood Avenue. Mr Coakley
noted that that address could also be within the Pinewood con-
stituency. Mr Coakley also told the court that in some instances,
as in the case of Anthony William Bodie, he did not find the vot-
er in question nor his residence.
Mr Coakley also told the court that he found a few of the
voters who actually resided within the constituency boundaries
as in the case of Jethro William Daxon. Mr Coakley told the
court that he and Mr Munroe went to a residence at Saffron
Street, east of Acacia and spoke with a relative of Mr Daxon
who confirmed that he had been residing there for some 20
years.
During cross-examination by attorney Michael Barnett Mr
Coakley stated that the map of the Pinewood Garden' subdi-
vision was created in 1971 and that he himself had made mod-
ifications to it since that time. Mr Coakley admitted during
cross-examination that the map does not show some present
modifications to the Pinewood area and particularly several
"track roads." Mr Coakley also admitted that once the Sir
Lynden Pindling Estates'was created the names of a number uf
roads were changed. He also agreed with Mr Barnett's assertion
that a number of homes in that subdivision did not have num-
bers.
More than two dozen voters and witnesses in the election
court case came to Supreme Court yesterday. The voters who
were subpoenaed were told to return to court on Wednesday,
October 14, and the witnesses were told to return to court on
Monday, November 19.


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THE TRIBUNE



FROM page one

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source bnk and itti.h ilLh-orr h
been de nid b\ hiN Foullkir .li
Mr Ed%\ Jrd:
sicir.i.\. NMil Fotilkl S. ".nJI
that hi rim "i Jid ill itht it i,,
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SLhibi' i'in in L-ulL's! %%n. Nhtk
the bank ind %ilh lheb: horroL'-
erN,
He 'Foulk hou hid hnoat een
inol'ed %%inltht hi, lornb iliiv.
hrm sinre out\ o o hdis \iir bill
%% 3 inhrtrue m d htt he ni _.
liles h i:riI ih .il I 0 lln .1 CIL.dL
onl\ in relation it 1%%% nikii-
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5117d I\ ision in i zi ti ,h'n. MN I
Foulke s Pounninrd he il 'II-
sugcsiion th.lt tht StrdhiMsin
\\Ihs not i ppr,%n:d i JLI th.ii
apporaiLi ir-in principles IC
therefore out loidr is timpl.
not true '
He Iorn:-L d .1 61>'p\ ft .1 IlI-
ler trom tih. t Dep.aitm1 nd lI
Ph\ i p'i Cl Plannin T t .1 i i i li l-
oper dated Sepi nl hel 1 .. 11ii-1
uhich stated th.il Siephcn ,
Close had bIn-n p iLunit ,ill
1ah pproi% l in pinctiple l
S"IIt %%a s on the bil ot that
leer thcit ihe deIelopth sr I terL
able do proicecd siid Mr
Foulkes. t
He added: still leaves the matter
hatold The :ood Tribune that ha ld thend
aie in p.' ,.lss n.' ot %A i%, ,lid L,.,n-


h c%. or hI d ,in\ p,:LLinIlil Of
other inieic.si in tills s.uhdl],.l-
sion and neiithei did 1 or mi\ 'lj,.
firm hane Jn\ !nt \.tcltlcnI iin
the plarnnirn- or c .\L tUlh.I ol Ih I
subdI\IShIon.'
Ho\\%\t:r, Mr Foulkes' :i.,t,-
ment still leaves the matter
unresolved, as a bank source
told The Tribune that had the


, _j7, PAGE 19


Dion Foulkes


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The tamilhes also later dis-
covered that their homes were
being constructed on land that


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RLP0,,dil1 to Mi Foulk ,"
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S III1 I ,li i, id cl.IiCed l h ii the
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.or. 1sih ed.-,, upth the pro-
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Works that has hlield up the pro-
ject, which may yet be resolved
successfully.


1 1Or n Iliti,
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'0* .*'*

I.
~1


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~


1111


i i IU IIL -^/i


i


1








THE TRIBUNE


PAGE 20, THURSDAY, NOVEMBER 8, 2007


K '~*1~

irit i
Ill! I
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Limes


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102558


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ITEM# 999040700
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4!


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/51b.
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$099


Pineapples

2 49
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Water


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Ladies' Round
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$599
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SLadies' Plus
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80M- 1506 12, 80M-1606L-8


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,ale ends Wednesday November 14th


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Ph: (242) 394-2378 Fax: (242) 393-2427
Village Road, next to Master Technicians Ltd.


*'i'*'


THURSDAY, NOVEMBER 8, 2007, PAGE 21


THE TRIBUNE


j


o .






PAGE 22, THURSDAY, NOVEMBER 8, 2007
'.**^l." ^r-"H".


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D






PAGE 24, THURSDAY, NOVEMBER 8, 2007 THE TRIBUNE
"3


THURSDAY EVENING


NOVEMBER 8, 2007


7:30 8:00 8:30 9:00 9:30 10:00 10:30
Antiques Road- Monarchy With David Starkey n Monarchy With David Starkey n Monarchy With David Starkey n
U WPBT show From (CC) (CC) (CC)
Chartwell.
The Insider (N) Survivor: China "High School CSI: Crime Scene Investigation Without a Trace "Where & Why"
0 WFOR n (CC) Friend Contest" Eighth castoff. (N) "Who & What" A corpse may be that Grissom and the FBI team search
n (CC) of a New York youth. (N) n for a killer. (N) n (CC)
Access Holly- My Name Is Earl 30 Rock Jack The Office (:31) Scrubs An (:01) ER "Blackout" Rolling
B WTVJ wood (N) (CC) Earl must create creates green Michael's survival environmental brownouts hit Chicago; Morris buys
a skit. n mascot. (N) n adventure. (N) lesson. (N) (CC) an energy-efficient car. (N)
Deco Drive Are You Smarter Than a 5th Grad- Don't Forget the Lyricsl Missing News (N) (CC)
WSVN er? Tony Hawk plays for charity. (N) lyrics. (N) n (CC)
n (CC)
Jeopardy! "Tour- Ugly Betty Wilhelmina realizes that Grey's Anatomy George and Izzie's (:07) Big Shots Duncan's reputation
WPLG nament of Cham- her maid of honor is stealing her romantic chemistry is tested. (N) n may block a huge deal for Reveal.
pions" (N) thunder. (N) n (CC) (CC) (N) n (CC)
(:00) CSI: Miami CSI: Mami 48 Hours to Life" Hora- The First 48 "Candy Lady; Best of The First 48 Tracking down a mur-
A&E SprnBreak" tio believes that a confessed killer is Fnends'A beloved neighborhood der suspect. (N) (CC)
(CC) actually innocent, n (CC) "Candy Lady" is murdered.
Hardtalk BBC World News America BBC News World Business BBC News Inside Sport
BBCI (Latenight). Report. (Latenight).
BET The Black Car- Sunday Best (CC) College Hill: In- Keyshla Cole: American Gangster (CC)
BET pet (CC) terns (CC) The Way It Is
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Think You Are? With the Golden Cells" (N) (CC) (CC)
:00) Kudlow & Fast Money Deal or No Deal Contestants get a The Big Idea With Donny Deutsch
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(:00) Lou Dobbs Out In the Open Larry King Live (CC) Anderson Cooper 360 (CC)
_CN_ N Tonight (CC)
Scrubs "M Uni- The Daily Show The Colbert Re- Chappelle's South Park The South Park (CC) Drawn Together
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art (CC) save the Earth, hypnosis,
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The Suite Life of ** STUART LITTLE 2 (2002, Comedy) Geena That's So Raven That's So Raven Life With Derek
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(CC) Snowball try to rescue a friend. 'PG' (CC) Job' A(CC) Cheater" (CC)
DI This Old House This Old House Sweat Equity Blog Cabin Blog Cabin Desperate Land- Wasted Spaces
D n (CC) Mortise lockset. Landscaping. escapes "Valet Cabinet"
D Thadeusz Journal: Tages- Bundesllga Kick Journal: In Euromaxx Journal: Tages- Im Focus
DW them Off Depth them
E The Daily 10 (N) *s AUSTIN POWERS: INTERNATIONAL MAN OF MYSTERY (1997) The Girls Next The Girls Next
E!Mike Myers. Cryogenically preserved foes meet again. Door Door
ESPN College Football Louisville at West Virginia. (Live) (CC) SportsCenter
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UEEFAChampl- MLS Soccer Teams to Be Announced. (Live) (CC) SportsCenter-
ESPNI ons League Intl. Edition
WTN Daily Mass: Our Life on the Rock Parable The Holy Rosary Back Stage The Pure Life
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FIT TV :00) Cardio FitNatlon "Gadgets Get-Us and Insider TrainingRobby Naish and Deadly Arts "Aikido n (CC)
FIT TV last )n (CC) Gizmos Fitness gadgets. (CC) Dave Kalama. (CC)
F Fox Report- The O'Reilly Factor (CC) Hannity & Colmes (CC) On the Record With Greta Van
OX-N Shepard Smith Susteren (CC)
F :0L )High School Football Godby (Fla.) at Tallahassee Lincoln (Fla.). Best Damn Hooters Pageant Peri- The FSN Final
FSNFL uve) od 2007 Score (Live)
GOLF 6:30) LPGA Golf Mitchell Company Tournament of Golf Central Big Break: Mesquite 19th Hole
GOLF champions First Round. From Mobile, Ala. (Uve)
G N00) Weakest Who Wants to Be a Millionaire A That's the Ques- Family Feud Family Feud Chain Reaction
SN inkn (CC) (CC) tion (CC) (CC) (CC)
GA h (:00) Attack of X-Play(N) X-Play "Warrior Cops 2.0 Jack- Cops 2.0 Jack- Ninja Warrior Ninja Warrior
4he Show! (N) Orochi." sonville. (CC) sonville. (CC)
:00) Walker, Walker, Texas Ranger Trivette infil- THE PARENT TRAP (1961, Comedy) Hayley Mills, Maureen
HALL exas Ranger rates a gang of robbers led by O'Hara, Brian Keith. Twins separated as infants plot to reunite their par-
Trackdowin Walker's nemesis. C (CC) cents. (CC)
Buy Me Brian, Holmes on Homes "Gone to Pot"A Dream House Over Your Head Disaster DIY Junk Brothers
HGTV Natalie need a house needs massive repairs. A Racing to meet a Bedroom., "Kitchen Col- Jim finds an old
bigger house. (CC) deadline. (CC) (CC) lapse" Kitchen. planter. n (CC)
INSP Morris Cerullo Breakthrough Love a Child Inspiration To- LifeToday (CC)- Thiss Your Day The Gospel
(CC) day (CC) Truth
Reba n (CC) My Wife and Accordin to Family Guy Pe- Family Guy Two and a Half Two and a Half
KTLA Kids n (CC) JimChery'sse- her's television Stewie gets the Menn (CC) Men n (CC)
crettape.(CC) station. A (CC) acting bug. (CC)
Still Standing Reba Cheyenne Reba Reba's ex- ** AT FIRST SIGHT (1999, Romance) Val Kilmer, Mira Sorvino, Kelly
LIFE "Still Shallow'n/ dooms the foot- husband be- McGillis. Premiere. A blind man undergoes an operation to regain his
(CC) ball team. (CC) comes jealous. sight. (CC)
MSNBC :00 Hardball Countdown With Keith Olber- Lve Wth.Dan Abrams MSNBC Investgtes "Lockup: Re-
(cc) mann turn to Riker's Island"
NI K ed'sDeclassi- Drake & Josh Full House Home Improve- Home Improve- George Lopez George Lopez
IC fied School n (CCC) (CC) ment (CC) ment n (CC) C (CC) (CC)
NTV SmarterThan a Survivor: China "High School Shark "In Absentia' (N) A (CC) News(N) C News
_N_ I 5th Grader? Friend Contest" Eighth castoff. (CC)
SPEED Pinks The Chase Is On Survival of the Pinks- All Out NOPITunervi- NOPITunervl-
SPEED _I(N) Fastest (N) slon slon
(5:00) Pralse-A-Thon Bi-annual fundraising event.
Everybody Friends "The Friends Ross de-I* IN GOOD COMPANY (2004, Comedy-Drama) Dennis Quaid, To-
TBS Loves Raymond One With the cides to move. pher Grace, ScarlettJohansson. A demoted worker's younger boss is dat-
n ( (CC Kips (CC) n (CC) ing his daughter. (CC)
:00) Overhaulin' Tattoo Wars "Deano Cook vs. Tom American Chopper The custom Street Customs The team cus-
TLC All in the Family" Renshaw" Deano Cook vs. Tom leather design for the Lugz bike tomizesa Mercedes-Benz for a car
(CC) Renshaw. (N) poses new challenges. (CC) show; Snoop Dogg drops in.
:00) Law & Or- NBA Basketball Detroit Pistons at Chicago Bulls. From the United Center in Chicago. (Live) NBA Basketball:
TNT der"Trade This" (CC) Mavericks at
Cn Warriors
ON Home for Imagi- Goosebumps Ed, Edd n Eddy Grim Adven- My Gym Part- Courage the Naruto
nary Friends n (CC) tures near's a Monkey Cowardly Dog
TV5 00) Toute une Compldment d'enquite (SC) Dossier Scheffer"La Ligne" La Urbania
TV5 histolre frontiere amdricano-mexicaine.
TWCeWeather Ven- Abrams & Bettes Weather: Evening Edition (CC)
(00) Noche de Latin Grammy 2007 La 80 annual entrega de los premios Latin Grammy. Desde Mandalay Bay Events Center
UNIV Estrellas: Latin en Las Vegas. Incluye interpretaciones por Juan Luis Guerra, Pepe Aguilar y Camila.
Grammy
(:00) Law & Or- Law & Order: Special Victims Unit Law & Order: Special Victims Unit Law & Order: Criminal Intent
USA der: Criminal In- n (CC) C (CC) "Courtship" Probing the shooting of
tent n (CC) a corrupt judge. (N) C (CC)
V H1 (:00) I Love New I Love New York Blood oath. n Storytellers "Jay-Z: Life of an Gotti's Way C Gotti's Way n
V York ____American Gangster"(N) n
VS -Sports Unfil- Greatest High School Football RI- College Football Texas Christian at BYU. (Live)
VS. tered valries
N :00) America's ** *s ROMY AND MICHELE'S HIGH SCHOOL REUNION (1997, Come- WGN News at Nine (N) n (CC)
WGN Funniest Home dy) Mira Sorvino, Lisa Kudrow, Janeane Garofalo. Two dizzy under-
Videos Cl (CC) achievers pose as successful career gals. Cl (CC)
Family Guy Pe- Smallvllle "Wrath" Lana absorbs Supernatural "Red Sky at Morning" CW11 News at Ten With Kaity
W PIX ter's television Clark's powers and steals incrimi- Sam and Dean investigate mysten- Tong, Jim Watkins (N) (CC)
station., (CC) nating evidence from Lex's safe. ous drownings. (N) (CC)
Jeopardy! Tour- Dr. Phil A feud tears a family apart. News (N) Jeopardy "Cel- Frasier Frasier's Frasler "Four for
WSBK nament of Cham- (N) n (CC) ebrity Week in plan backfires. the Seesaw" n
pions" (N) (New York" (CC) C (CC) (CC)
Bee Movie: HBO Inside the NFL C (CC) THE DEAL (2003, Drama) Michael Sheen, David Mor- Countdown to
H BO-E First Look C rissey. Premiere. Tony Blair and Gordon Brown discuss Cotto-Mosley
____CC) the Labour Party. n 'NR' (CC) Cn (CC)
(6:15)** *'A BECAUSE I SAID SO (2007) Diane Keaton, (:45) American Tell Me You Love Me Jamie de-
HBO-P STRIKING DIS- Mandy Moore. A meddlesome woman tries to find the Gangster: HBO cides to be honest with Nick about
TANCE (1993) perfect man for her daughter. n 'PG-13' (CC) First Look (CC) her feelings. n (CC)
(:00) * PHAT GIRLZ (2006) (:45) ** THE SKELETON KEY (2005, Suspense) Kate Hudson, Gena Bee Movie: HBO
I B3O-W Mo'Nique. Two large women look for Rowlands, John Hurt. A nurse works in a New Orleans house with an odd First Look n


love. n 'PG-13' (CC) Phistory. C 'PG-13' (CC) (CC)
(:45) To Die in Jerusalem A teenage Palestinian sui- * ARLINGTON ROAD (1999, Suspense) Jeff Bridges, Tim Robbins,
H BO-S cide bomber kills a 17-year-old Israeli student. Joan Cusack. A professor leams his new neighbors have a sinister agen-
_da. n 'R'(CC)
5:30) ***s BRAVEHEART *** FLUSHED AWAY (2006, Comedy) Voices of ** s INNOCENT BLOOD (1992)
MAX-E (1995, Historical Drama) Mel Gib- Hugh Jackman. Premiere. Animated. A pampered pet Anne Parillaud. A detective falls in
son, Sophie Marceau. C 'R' (CC) rat winds up in the sewer. Cl 'PG' (CC) love with a seductive vampire.
(6:45) *** CAPE FEAR (1991, Suspense) Robert GRANDMA'S BOY (2006, Comedy) Doris (:35) BEDTIME
MOMAX De Niro, Nick Note. An ex-convict takes revenge on Roberts, Allen Covert. A man must live with his grand- STORIES (2000)
the lawyer who betrayed him. C 'R' (CC) mother and her two friends. Cl 'R' (CC) Kim Dawson.
Vargas vs. May- (:15) * DIRTY (2005, Crime Drama) Cuba Gooding Jr., Clifton Dexter"Dex, Lies and Videotape"
SHOW orga: Count- Collins Jr., Cole Hauser. iTV Premiere. Internal Affairs investigates corrupt (iTV) A copycat killer. C (CC)
down Los Angeles policemen. R'
(6:30) FIFTY PILLS (2006, Comedy) Lou Taylor Pucci, Kris- * COMING SOON (1999, Romance-Comedy) Tri-
TM C WONDFRWALL ten Bell. Premiere. A collegian sells Ecstasy after los- cia Vessey, Gaby Hoffman. Prep-school girls go on the
(1969) NR ing his scholarship. C 'R (CC) prowl for sexual satisfaction. 'R


40


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.ess

THURSDAY, NOVEMBER 8, 2007


:~


y',


Bahamas First seeks





5m share increase


'LOCk down' US

pre-clearance

in trade

agreements
M By CARA
BRENNEN-BETHEL
Tribune Business
Reporter
THE Bahamas must "lock
down" the US pre-clearance
facility at Lynden Pindling
International Airport into
any trade agreement or tax
information exchange agree-
ment it may sign, a leading
attorney urged yesterday,
given its value to the tourism
industry.
John Delaney, a former
FNM Senator and now Hig-
gs & Johnson managing
partner, said he was very
concerned about the
Bahamas' US pre-clearence
facility, which he described
as a 'major coup' for this
nation to possess.
With one eye on the move
towards trade agreements
and rules-based trading sys-
tems, and a possible replace-
ment for the Caribbean
Basin Initiative (CBI) that
governs trade between the
Bahamas and the US, Mr
Delaney said of the US pre-
clearance facility: "That
should be locked down into
a treaty. That is a valuable
opportunity for our
tourism."
Not only that, he added,
but there was also the indi-
rect revenue that is gained
by the Bahamas from the
US having to house the pre-
clearance staff in this nation,
and the money these per-
sons spend on food, per-
sonal items and other
expenses, contributing sig-
nificantly to the Bahamian
economy.
Mr Delaney said the
implementation of a strate-
gic plan on how the
Bahamas responded to the
various trade agreements it
faced was critical, and urgent
for national development.
Speaking at a one-day
seminar on Refining the
Recipe for Private Wealth
Management, which was
being held by his law firm,
Mr Delaney said the next
few years were very impor-
tant to the Bahamas, as it,
must decide on whether to
sign a number of trade
agreements and treaties.
SEE page 13B


By NEIL HARTNELL
Tribune Business Editor
BAHAMAS First, the gen-
eral insurer, is holding an Extra-
ordinary-General Meeting
(EGM) on December 5 to
obtain shareholder approval for
it to increase its share capital
by some five million shares at a
future date, The Tribune can
reveal.
Patrick Ward, Bahamas
First's president and chief exec-
utive, confirmed that the com-
pany was seeking shareholder
approval for such a move, which
would clear the way for those
shares to be issues in a capital
raising exercise "if it's needed".
He confirmed that notices
and documents relating to the
EGM were now being mailed
out to Bahamas First share-
holders, but declined to com-
ment further.
Obtaining shareholder
approval to issue a further five
million shares, likely to be ordi-
nary shares and not the prefer-
ence variety, will allow
Bahamas First to issue them as
and when needed to further bol-








* By NEIL HARTNELL
Tribune Business Editor
THE Grand Bahama Cham-
ber of Commerce is looking to
broaden its search for potential
new investors in Freeport to
Florida, the US eastern
seaboard states, the UK and,
Caribbean, The Tribune was
told yesterday, as it looks to
penetrate the "enchanted for-
est" surrounding the city.
Christopher Lowe, the Cham-
ber's president, said the tour
staged this week for about 10
businesses from Nassau, includ-
ing the Nassau Airport Devel-
opment Company (NAD) and
Bahamas Wholesale Agencies
(BWA), had gone "very well",
with the exercise repeated for
a different group of businesses
in February 2008.
"It's something we wish to do
more frequently, not just for
Nassau but cities around the
world," Mr Lowe said.
"One thing Freeport and
Grand Bahama needs is the crit-
ical mass of people to fill in the
infrastructure here. It's just not
been leveraged by the country
as it could be."
Describing the visit by the
Nassau companies and busi-
nessmen as "a good trial run, a
SEE page 13B


* Insurer seeking shareholder approval at December EGM
for measure that would allow it to raise more capital

* Carrier says 'no more than' 30 Noel claims submitted,
while ICB estimates claims costs likely to total $2m


ster its capital base.
In turn, an expanded capital
base wquld allow the general
insurer to write and take on
more insurance business, and
also retain a greater percentage
of the premium income it would
take in, rather than cede this to
reinsurers.
It is unclear, though, whether
Bahamas First would issue


those five million shares to
existing shareholders and
investors through a rights issue,
or attract n.ew shareholders.
The former would seem to be
the more likely option.
Bahamas First, which togeth-
er with RoyalStar Assurance is
regarded as leading the general
insurance market, has under-
taken several capital raising


exercises in the past few years.
In 2005 it issued $5 million in
preference shares, and the fol-
lowing year it took its capital
base up to the $30 million mark
following a $10 million injec-
tion from its parent, Bahamas
First Holdings.
That last capital raising exer-
cise ensured Bahamas First was
removed from 'review' by A.


M. Best, the leading interna-
tional insurance rating agency.
That happened after Bahamas
First's premium revenue growth
outpaced an expansion in its
capital base, impacting its risk-
based capitalisation.
Part of that $10 million was a
$6 million loan from Butterfield
Bank, which was secured on the
collateral provided by a portion
of Bahamas First's equity hold-
ings, namely 711,000 ordinary
shares and 4,000 preference
shares in Commonwealth Bank.
Writing in Bahamas First's
2006 annual report, both Mr
Ward and Ian Fair, Bahamas
First's chairman, said that $6
million loan was set to be
SEE page 12B


Regulator warns on work permits


issued to 'barred' financial workers


Securities Commission urges that regulators do due diligence before

Immigration issues permits to prevent Bahamas getting bad reputation


* By CARA BRENNEN-BETHEL
Tribune Business Reporter
THE SECURITIES Commission's
executive director yesterday warned the
minister responsible for immigration that
her department in the past had issued
work/residency permits for individuals it
would have barred from operating in the
securities and investments industries,
adding that this had created problems
for financial services regulation.
Hillary Deveaux said financial institu-
tions approaching the Department of
Immigration for work permit and resi-
dency approvals needed to ensure that
potential employees had met due dili-
gence requirements, telling minister of
state for immigration, Elma Campbell,
that this had not always been done.
Mr Deveaux said the Securities Com-
mission had experienced problems with


persons, who were unqualified to practice
in other jurisdictions, receiving work per-
mits to allow them into the Bahamas
before the regulator could conduct due
diligence on them.
He said that in some cases, persons
were already in the Bahamas only for
the Securities Commission to find out
they had been banned from practicing in
another jurisdiction for up to 30 years.
Mr Deveaux said he feared the
Bahamas would gain a reputation of
being a country or haven for persons of ill
repute, and suggested there must be some
means of allowing the financial regulators
to conduct due diligence before work
permits were granted.
A prime example of what Mr Deveaux
was talking about was the case of Par-
adise Island resident and flamboyant con
man Derek Turner, who is now serving a
SEE page 12B


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PAGE 2B, THURSDAY, NOVEMBER 8, 2007


THE TRIBUNE


)Queen's College


has an immediate vacancy for


A FEMALE TEACHER OF
PHYSICAL EDUCATION
(with the ability to teach swimming)

VACANCY AS OF JANUARY 3, 2008
A TEACHER OF MODERN LANGUAGES (FRENCH)
IN THE HIGH SCHOOL
Applicants for the above mentioned posts must have a minimum of a
Bachelor's degree from a recognized University in the relevant subject
area and a Post-graduate Certificate in Education, or teacher certificate.
In the case of the Modem Languages Teacher, the ability to teach Advanced
Placement courses, a second language or a second subject would be an
asset. A certified copy of the relevant degree and teacher certificate must
accompany the application. The names and relevant contact information
of at least two professional references should also be listed. Applications
from unqualified persons and or incomplete applications will not be
processed.

The persons offered an appointment will be expected to make a commitment
to work in harmony with Christian principles and to support the emphases
of the Bahamas Conference of The Methodist Church of which the school
is a part.

Queen's College .was established in Nassau in 1890 by the Methodist
Church and is a member of the International Association of Methodist
Schools, Colleges and Universities (IAMSCU)

The completed application together with a covering letter and a recent
photograph must be sent to:

The Principal
Queen's College
P.O. Box N 7127
Nassau, Bahamas
Or faxed to 242 393 3248 or emailed to: dlynch@qchenceforth.com






Actors Are




Colourful characters are making
attractions and tours better.


Joseph "Captain Blah" Garvey
Pirates of Nassau


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Let's Make It

Better...Again i


o hoiThFn6.
'~
~7le


~EZ~
NY SAHAMiI\1.4
flfl..k.flnm.,.A.


When landlords




can let tenants





take distrainn'


IN cases where a landlord
wishes to enforce his right to
forfeit a commercial or resi-
dential lease for non-payment
of rent, it is important the land-
lord or his authorised agent
makes a formal demand for
the rent, or ensure there is
some exemption under the
terms and conditions of the
lease that allows him to waive
this right to formally demand
payment.
Notwithstanding the tenant's
equitable right to relief against
forfeiture (provided certain
conditions are met), the land-
lord may seek to exercise oth-
er remedies available to him
in satisfaction of rent monies
that may be in arrears and due
to him, and for which the ten-
ant has effectively breached an
important contractual term of
the lease. One such remedy is a
landlord's legal right to distrain
for rent in arrears.
Under the summary remedy
of distress for rent, a landlord
may secure the payment of
rent or the performance of cer-
tain obligations due to him by
seizing a tenant's goods and
chattels (any property other
than freehold land) found
upon the premises in respect
of which the rent or obligations
are due, without the use of
legal process.
Distress for rent is the
process by which a landlord
seizes a tenant's goods and
chattels in order to secure pay-
ment of rent in arrears. If the
tenant fails to pay the rent
arrears within a specified peri-
od of time after distress has


Legal
Ease
IZIEEEAMEJ


been levied, and notice of dis-
tress given, the landlord may
sell the goods and keep the
amount due.
Contractually, the seizure of
goods by the landlord in exer-
cise of his right to distrain acts
as a security for the perfor-
mance of an obligation the
tenant's obligation to pay rent,
and the landlord's right to
receive rent in consideration
of leasing his premises/prop-
erty.
The right to distrain applies
only to goods and personal
chattels. Certain goods are
absolutely privileged against
distraint, while others have
conditional privilege, meaning
they may only be taken where
there is no other sufficient dis-
tress.
Articles subject to absolute
privilege against distraint*
(1) (a) Property of the
Crown
(b) Property of those enjoy-
ing diplomatic privilege
(c) Property in the custody
of the law
(2) Property delivered to a
person carrying on a public
trade to be dealt with in the
exercise of his trade.
(3) Fixtures
(4) Wearing apparel, bedding


and tools of the trade valued at
a certain fixed arhount.
(5) Perishable articles, mon-
ey and wild animals.
Certain requirements must
be met before the right to dis-
train for rent may be exercised:
The relationship between
landlord and tenant must exist,
both when the rent becomes
due and when the distress is
levied.
The rent must be in
arrears.
If the rent is only payable
on a condition precedent, it
cannot be distrained until the
condition is fulfilled. In con-
tract law, a condition prece-
dent is "a provision that does
not form part of a contractual
obligation [in this case, the
terms of the lease], but oper-
ates to suspend the contract
until a specified event has hap-
pened".
The lease must be an exist-
ing lease in order for the right
to distrain to be exercised.
Although a formal instrument
is not required, possession tak-
en by the tenant under an
agreement for a tenancy that
can be specifically enforced
gives the landlord the right to
distrain.
Additionally, a distress can
only be levied for a rent which
is certain. It is also important
that the rent be in arrears.
Rent is not;codsidered to be
in arrears, under landlord and


SEE page 10


S Scotiabank*
*Trademarks of The Bank of Nova Scotia. Trademarks used under authorisation
and control of The Bank of Nova Scotia


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THE TRIBUNE










THE TRIBUNE THURSDAY, NOVEMBER 8, 2007, PAGE 3B


Unlocking the




BISX potential



Private sector and government have key

roles to play in capital markets growth


THE Bahamas International
Securities Exchange (BISX)
has become a well-run organi-
sation that could make a major
contribution to our economy,
if it can overcome a combina-
tion of Government inertia and
under-utilisation by the private
sector.
It has come a long way since
it was incorporated with great
fanfare in 1999, financed sole-
ly by some 45 institutions and
individuals. This was followed
by near bankruptcy, when its
directors approved a
grandiose headquarters, a cost-
ly foreign boss, and other
inflated expenses that were not
matched by modest revenues
from Bahamian share listings.
After lengthy negotiations, the
initial shareholders provided a
new round of financing, and in
2006 the Government put in
more cash and retired debt to
acquire 43 per cent of BISX's
S. equity capital. Staffing and
premises were shrunk, and a
sophisticated trading platform
was installed, all under the able
leadership of Bahamian chief
executive Keith Davies. Oper-
ations have nearly reached
break-even over the last two
fiscal years.
But these improvements
were premised on the Gov-
ernment making certain fun-
damental policy changes that
would enable BISX to play a
larger role in our securities
market. These were set forth in
a Policy Statement issued in
.t.*. August 2005, reflecting rec-
Scmendafions drafted by a
special committee of the Min-


istry of Finance.
Unfortunately, of the eight
points in the Policy Statement,
the two most significant ones
still have not been put into
effect. These points unam-
biguously provide that all debt
securities issued by the Gov-
ernment or public corporations
will be listed on BISX, and that
the Central Bank will imple-
ment a market-based system
for underwriting and trading
all public offerings of these
securities.
We would see an end to the
archaic system whereby the
Central Bank merely
announces a new issue of Gov-
ernment stock at a set price
and interest coupon, and waits
for buyers to come to its doors.
There is no price competition,
and while some individuals
take the trouble to apply, the
large majority is snapped up
by institutions who rarely trade
it. Some $2 billion of Govern-
ment debt is outstanding in the
form of little pieces of paper,
instead of being electronically
recorded in the central register
already developed by BISX.
Under the new system cen-
tred in BISX, our experienced
broker-dealer exchange mem-
bers, and others who choose
to step up, would handle the
original placement of public


registered stock and Treasury
Bills. In this way, government
financing needs would be met
promptly, and the. brokers'
ability to trade securities
between investors would pro-
vide continuing liquidity, which
should be a prime function of
any government securities
market.
In the first quarter of this
year, the Central Bank reached
full agreement about BISX's
technical competence in this
field, and so advised the Min-
istry of Finance. But Govern-
ment procrastinates in autho-
rising the changes, so new debt
has still been issued under the
antiquated arrangements. Per-
haps mandarins in the public
service are reluctant that pow-
er may slip from their hands, or
that private-sector dealers may
increase their earnings through
trading commissions. These
concerns should give way to
the undoubted benefits that

SEE next page






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cuti i=er ei-% i .cWm sl


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Thursday, November 8th 2007


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contract manufacturers, and customers. Experience managing worldwide
product distribution is critical for success.

Responsibilities include:

Receive product orders from internal and external international
customers
Create purchase orders
Maintain records of goods on order and requested shipping dates
Monitor and check status of orders with suppliers to confirm on schedule
production
Monitor shipping notices to eliminate delays, report problems or delays
to Manager
Maintain cordial relations with suppliers and customers to ensure
cooperation when unexpected events require rush delivery of orders or
special requests
Prepare and ensure accuracy on all documents associated with
purchasing, expediting and international shipping
Ensure accuracy on invoicing with accounting
Communicate as appropriate with local Manager, Purchasing / Supply
Chain Manager, and customers in a professional manner

Requirements:

A Bachelor's degree or equivalent experience
Three to Five years of purchasing and logistics experience
Knowledge of international purchasing process
Knowledge of international shipping documentation and related
processes
Knowledge of customs compliance
Exceptional written and verbal communication skills
Strong analytical skills
An advanced understanding of Excel & Word applications
An understanding of accounting and accounting applications
Fluency in Mandarin (written and verbal) is not a requirement but is a
"plus" for this post.

This Company offers a competitive compensation package and salary will be
consummate to experience of the applicant.

Qualified and interested candidates should submit their resume with salary
history to Ronald Atkinson & Co. attention Bennet Atkinson, P.O. Box N-8326,
Augusta & Virginia Streets, Nassau, Bahamas, fax 242-326-5602, e-mail
accountants ronatkinson.biz


'by
Richard
Coulson


THE TRIBUNE


THURSDAY, NOVEMBER 8, 2007, PAGE 3B

















Unlocking the BISX potential


FROM page 3


our economy would enjoy
from the new system, which is
used in most countries with
active capital markets.-The
Government's recent nomina-
tion of two experienced finan-
cial executives, Ge~orge Far-
rington and Simon Wilson, to
the BISX Board of Directors,
suggests that official thinking
may be moving in this direc-
tion. The move cannot come
too soon.
Approving
The Government can also
support BISX by approving


the applications by brokers
CFAL and Fidelity to each
acquire US$3.125 million in
official foreign exchange
reserves for use in buying for-
eign securities, without the
burden of the 12.5 per cent
'investment premium'.
Securities
These securities would be
placed in BISX-listed mutual
funds offered locally, thus per-
mitting Bahamians for the first
time to invest abroad without
exchange risk.
The private sector can also
contribute to BISX's greater
relevance in our economy. The
exchange has been successful
in listing the corporate securi-


GF & O CA




As part of our commitment to employ 200 Bahamians on
our project we are seeking qualified Bahamians to apply
for the position .of:


Golf Course Construction Assistant
Manager


Attributes to include:

5 8 years experience in Golf Course Construction and
Management at leading Golf Club.
Knowledge of all phases of Golf course design and
construction activities including vertical golf construction
(club houses, maintenance facilities irrigation pump
stations)
Turf Management Degree
A thorough understanding of all phases of maintenance
and repair to courses, practice range and equipment
Extensive experience working with city planners,
engineers, architects, and contractors
Knowledgeable in all phases of construction contracts
related to golf projects
Detail oriented, a skilled planner, ability to prioritize with
excellent communication skills
Computer literate
Willing to live on an out island
Ability to work on own initiative is important

Salary and benefits will be based on experience and will
include health benefits. Only qualified applicants need
apply.

Applications can be submitted to:

Director, Human Resources and Training
P.O. Box AB20766
Marsh Harbour, Abaco
Or sbowe@bakersbavclub.com


ties of 18 Bahamian compa-
nies, plus a foreign BDR
(Bahamian Depositary
Receipts), although one of our
largest public firms, Bahamas
Supermarkets, still refuses to
list. These 19 listed firms have
a total market capitalisation of
$3-$4 billion, but probably
more than 75 per cent of this
amount is locked up in the
hands of the controlling own-
ers and does not trade. The
remaining 25 per cent is held
by an estimated 12,000 -14,000
Bahamian shareholders. In
general, they have enjoyed a
good ride: the BISX all-share
index is up 14.32 per cent this
year, and a total of 91.5 per
cent since it was initiated in
December 2001. In some
weeks, over 50,000 shares have
traded still a modest amount,
but gradually increasing.
Growing
However, even in our grow-
ing and dynamic economy, the
listing of new companies on
BISX has stagnated. Although
several secondary equity issues
came to market, and a num-
ber of debt and preference
shares are seeking to be list-
ed, since 2001 only two IPOs
have been completed and
they were the BDRs of foreign
companies (one was redeemed,
giving a nice profit).
Both investors and potential
issuers seem to have lost con-


fidence in the public securities
markets, and are unwilling to
tap it again with new names.
This fear looks pretty irra-
tional. Three or four compa-
nies quoted on BISX have
enjoyed substantial increases
in their share prices, while
most of them have shown
steady growth or stability, and
only a few have seriously dis-
appointed investors. This is a
normal mix for shares on any
stock exchange, and should not
deter solid companies from
going public.
Owned
Many privately owned enter-
prises here might be able to
show the profitability, size and
stability to attract new share-
holders in an IPO firms such
as Kelly's Home Centre,
SuperValue Food Stores, the
Mall at Marathon, John Bull,
Furniture Plus, Common-
wealth Brewery, A.I.D.,
Bahamas First and Bahamas
Food Services. Of course, pri-
vate owners cannot be per-
suaded to "go public" just to
satisfy BISX; they must have a
sound financial reason to do
so. Either they need to issue
new equity to raise capital for
expansion, or they wish to
achieve personal liquidity by
selling their own shares.
In the Bahamian tradition of
tightly-held family companies,
the owners often have an


Camperdown Riding Club

Proudly presents their

Annual Horse Show













November 10 & 11, 2007
9:00 am 3:00 pm
Consession Stand available:
Hamburgers/Hotdogs/Snacks/Sweets

Please come out and support us!
Admission is FREE!


obsession against exposing
their business to new share-
holders and maybe "losing
control". .

Value
They fail to appreciate that
the capitalised value of a pub-
licly quoted company is much
higher than simply its book val-
ue as a private company. Grad-
ually, we may expect to see
more IPOs, as second or third
generation heirs want to enjoy
the fruits of their ancestors'
business acumen.
To satisfy the investment
appetite of newly affluent
Bahamians, BISX must offer
a wider variety of opportuni-
ties beyond the present 19
companies. On top of our
existing mutual funds, two life
insurance companies have
recently announced they will
offer equity funds to their pol-
icy holders. We can foresee too
much demand chasing too few
shares, unless the market is
opened up. BISX is com-
mendably trying to develop a


second-tier market for newer,
smaller companies, but we pre-
dict limited success in selling
such names given the innate
conservatism of most Bahami-
an investors. We are far from
having a venture capital class
willing to accept a higher
degree of risk. BISX may get
better results by aggressively
marketing its services to the
type of blue-chip companies
mentioned earlier, or by
encouraging locally-based for-
eign firms to issue BDRs.

Debt
Once Governmeht debt is
traded, and more private com-
panies are listed, BISX will
enjoy profits to achieve its
wider objectives of nationwide
market education and, even-
tually, trading foreign securi-
ties.
The success of BISX is not
an end to itself, but rather a
vital step towards creation of a
multi-tiered financial centre
and a growing, diversified
economy.


Legal Notice
NOTICE

WHITE GHIA LIMITED
.NOTICE IS HEREBY GIVEN as follows:
(a) WHITE GHIA LIMITED is in voluntary
dissolution under the provisions of Section 137(4)
of the International Business Companies Act 2000.
(b) The dissolution of the said company commenced on
the 6th November, 2007 when the Articles of
Dissolution were submitted to and registered by the
Registrar General.
(c) The Liquidator of the said company is Credit Suisse
Trust Limited, Rue de Lausanne 17 bis, Geneva.

Dated this 8th day of November, A.D. 2007

Credit Suisse Trust Limited
Liquidator





CONTAINER TERMINALS

LIMITED
Position Available:


HEAVY EQUIPMENT
MAINTENANCE MANAGER


Job Description:
Responsible for the management of all
maintenance act i'ities in Nassau ensuring
all pre\eniati\e maintenance and hea\ y
equipment repairs are conducted as per conm-
pan\ standards. Conducts on-site audits and
e al nations of port equipment, coordinates
repair actil cities and preventative procedures.


Education:


THE CHEESESTEAK GRILLE

FULL TIME/ PART TIME
POSITIONS AVAILABLE

Pleasant Personality
Team Player
with prior fast food restaurant experience


Email us at:
rushbeans@hotmail.com or
apply in person at The Cheesesteak Grille
in the food court at The Mall At Marathon.





Royal Island (Bahamas) Limited

INVITATION FOR EMPLOYMENT

Royal Island (Bahamas) Limited, the developers of the
Royal Island Resort and Residential Project, just off North
Eleuthera wish to fill the following position:

ADMINISTRATIVE ASSISTANT

Successful applicant will be responsible for the following:
Daily cash transactions
Accounts Payables
Wages, national insurance & timesheets
Cheques Tranactions
Cheque Reconciliations
Staff records
Meeting Minutes
Reports
Log Sheets
Departmental or Specific Task sunmneries
Correspondences
Undated and backed up Computer Files
Up-to-date filing
General office cleanliness

Qualifications and Experience:

The idel candidate should have:
At least 5 years experience in a similar capacity.
Sound computer skills (experience with Word, Excel
computer networking, email programs essential).
A background in Legal, Accounting, Property
Development or Hospitality fields a plus.
Accounting and Human Resources experience.
Strong interpersonal and Organizational skills.

The successful candidate will be required to reside at
Eleuthera.

Interested persons should submit their resumes with cover
letter to:

Harcourt Management Services Ltd.
P.O.Box N 1991
Nassau Bahamas
Fax to: (242) 356-4125
Or Email to: info@gomezcorp.com

Royal Island (Bahamas) Limited thanks all applicants for
their interest, however only those candidates under consid-
eration will be contacted.


equivalent. Trade
Hea vy Equipment




in heavy equip-


Iellt 111aintenance with at least two \'ears
IIIl 111m11nellmeCll of equipIllent maintenance.


Container terminals offers a highly competi-
ti\ c package of benefits. Salary is commen-
surare \\itli qualifications and experience.


High school diploma or
or Technical certificate in
Mlaintienailce.


E experience:
File \ears experience


. 4 -.


i 4 "4 4


PAGE 4B, THURSDAY, NOVEMBER 8, 2007


THE TRIBUNE










THE TRIBUNE


THURSDAY, NOVEMBER 8, 2007, PAGE 5B


'Increasingly





difficult' to





stand outside




trade deals


* By NEIL HARTNELL
Tribune Business Editor

THE Bahamas must enter
global rules-based trading
regimes with a strategy that will
benefit the country and econo-
my "for years to come", the
Chamber of Commerce's exec-
utive director yesterday warn-
ing that it was "becoming
increasingly difficult" for this
nation to remain outside such
agreements.
Philip Simon said: "It has
become increasingly difficult
for the Bahamas to remain on
the periphery, so if we're going
to enter these global trading
regimes, we have to do it delib-
erately, with caution, and with a
strategy that will be beneficial
for years to come."
He added that the Chamber
and private sector, especially
Bacardi, Polymers Internation-
al and the fisheries industry,
had been encouraged to learn
that the Bahamas was still at
the negotiating table on talks
over the Economic Partnership
Agreement (EPA) with the
European Union (EU), adding
that they like the Government
- were all working for the
Bahamas' best interests.
Mr Simon added that the
Chamber and private sector
had previously been concerned
that "a serious approach" was
not being taken by the Gov-
ernment towards the EPA
talks.
That concern that may have
eased slightly after Zhivargo
Laing, minister of state for
finance, confirmed he was trav-
elling to Brussels to participate
in the ministerial meeting that is
aiming to approve the draft text
for the EPA agreement.
Mr Simon said: "As a private
sector, we are pleased to know
we are at the negotiating table,
making considerations as to
whether we will join the EPA,
and if it would be in the best
interests 6f the country. We are
cool with that.
"We were concerned that a
serious approach was not being
taken in relation to signing or


not signing on to the EPA.
That's why we engaged Hank
Ferguson and sent persons to
Jamaica to participate in the
meeting."
While the Government and
private sector may not always
have seen 'eye to eye' over the
former's approach to the EPA
negotiations, Mr Simon said
both parties wanted the same
thing to act in, and achieve,
the best outcome for the
Bahamas' national interests.
He explained: "We do under-
stand the urgency of the impact
of an EPA on various sectors
However, we understand the
Bahamas is a service-based
economy, and do not want to
put ourselves in a position to
throw away our bread and but-
ter. We want to strike a bal-
ance.
"We are all interested in the
best interests of the country,
and that is what it is all about."
Polymers International has
warned that it will put plans to
expand the capacity of its
Freeport plant by 20 per cent
"on hold" if the Bahamas does
not sign the EPA, fearing that it
stands to lose 8-10 per cent of
sales if it loses duty-free market
access to the UK.
A Ministry of Foreign Affairs
briefing note submitted to the
former PLP Cabinet said that
apart from the direct impact on
Polymers International, which
employs 88 persons and 10-20
contractors, loss of its EU duty
free market access might also
impact Freeport Container Port


and the Grand Bahama Power
Company, the latter of which
generates 10 per cent of its rev-
enues from Polymers.
Apart from Polymers Inter-
national, the other major export
industries that would be nega-
tively impacted if the Bahamas
did not sign on to the EPA
would be the seafoods/fishing
industry, which sends $60 mil-
lion in exports per annum to
the EU, and Bacardi's rum
exports. Although Bacardi is
closing its Bahamas-based oper-
ations by 2009, it still has "hun-
dreds of thousands of gallons
of rum products" that it can still
export to the EU throughout
2008.
Up until he confirmed he was
going to Brussels, Mr Laing had
told The Tribune that WTO
accession and developing an all-
encompassing trade policy to
handle all eventualities were
the trade priorities, not the
EPA. While the Government
would do what it could to pro-
tect impacted exporters, he had
indicated that developing the
trade policy might take eight
to 12 months, and the Govern-
ment was prepared to miss the
December 31, 2007, EPA dead-
line.
Among the Government's
concerns over the EPA's wider
implications are the fact that it
could contain hidden provisions
exposing the Bahamian finan-
cial services industry to tax
information exchange, although
this has been discounted by the
CRNM, which said CARICOM
countries had successfully
resisted its inclusion in the
EPA.
Yet Mr Laing said this week
in relation to the EPA: "Recent
events have certainly made it
more possible for us and other
countries to sign by that time
than was previously the case.
"We are working feverishly
with a view to being in a posi-
tion to sign if the concluded
agreement meets with a hum-
ber of objectives on our part.
We are more favourably dis-
posed to signing than previous-
ly, given recent developments."


O0 0a-W -I 0a1 1






CHURCH STAFF POSITION FOR YOUTH WORKER
Methodist Church is seeking to employ a vibrant Christian to work with its children,
teens and young adults.


Applicants should:
t Be personable, creative, mature and passionate about young people.
t Possess excellent communication skills.
t Be familiar with youth cultures and trends.

Responsibilities include:
t Implementation and oversight of all Youth Ministry programmes.
t Planning and leading Youth Services and events.
t Leading young persons to Christ and creating life-time disciples.
t Building relationships between youth, congregation and the wider community.

Criteria for Employment
t A minimum of a Bachelor's Degree from a recognized university confirmed by a certi-
fied copy of certificate.
t Names and contacts of at least two professional references must be submitted.
t Willingness to support Church's programmes.
' Successful applicants will be expected to make a commitment to work in harmony
with Christian principles and to support the emphasis of The Bahamas Conference of
the Methodist Church of which the church is a part.


Please send Resume together with a covering letter,
a statement of philosophy and a recent photograph to:

The Trust Secretary
Ebenezer Methodist Church
P.O. Box SS 6145
Nassau, Bahamas

Or fax to: (242) 393-8135, or e-mail to bcnic@bahamas.net.bs

Candidates short listed will be contacted by telephone, fax or e-mail for an interview.


Shirley Street, Nassau Bahamas


Join the Leading Environmental Conservation
Organization in The Bahamas

The Bahamas National Trust invites qualified and interested persons to
apply for the following positions:


Director of Development

Context
The Bahamas National Trust needs an individual who will manage donor relations
and a multifaceted fundraising strategy aimed at engaging a broad range of corpo-
rate, foundation and individual donors and prospects.

Primary Responsibilities:
The Director of Development reports to the Executive Director and coordinates
the BNT's fundraising, membership programmes, and strategic development
activities to achieve sustainable financial goals for the organization. Further, the
individual will develop and manage a major donor programme and annual giving
programme for the Trust. The Individual will be charged with the creation of a
strong Development Team and coordinating training for its staff.

Duties and Responsibilities:
1. To develop and implement the BNT's fundraising strategy targeting
individuals, Foundations, other NGO's and the corporate sector.
2. To design and implement a Major Donor Development Programme. Lead the
process of donor identification, prospect research, and personal cultivation,
appropriate requests for support, thanking and recognition.
3. Prepare and manage budgets for fundraising programmes.

Required Skills:
> At least a Bachelors Degree with five years work experience, ideally in the fund-
raising arena.
> Strong background in project management and programme administration.
> Warm interpersonal skills with.the ability to communicate and involve people at
all levels. k
> Experience in the financial sector client relationships and an understanding of
funds and foundations an asset.
> Exceptional writing and interpersonal communications skills.
> Demonstrated ability to organize time, manage diverse activities, meet deadlines
and pay attention to details.
> Good computer literacy including word processing, databases, presentations and
spreadsheets. Working knowledge of Sage fundraising software a plus.
> Willingness to work long hours to meet firm deadlines.
> Willingness to travel throughout The Bahamas and abroad.


Abaco Park Warden

Context
The national parks in Abaco face threats from invasive species. In particular the
nesting parrots in the Abaco National Park suffer greatly from increasing numbers
of feral cats and expanding raccoons populations. It is vitally important that the
BNT has a presence on this island to ensure we fulfill the mandate and meet the
objectives of the Trust.

Primary Responsibilities:
Provide day to day and long term management and administration of all of the
Abaco Parks and act as a liaison with partners and the general public of Abaco in
all facets of park work.

Duties:
1. Serve as the Liaison between the Abaco Parks and the BNT headquarters in
Nassau. Will be responsible for overall supervision and oversight of all activi-
ties that occur in the district. :_" . "T I --,
2. Develop in collaboration with-thieDirectorfif Parksi7pplicable policies, proce-
dures, systems, and proposals to further the goals of the Abaco Parks and the
Bahamas National Trust.
3. Plan and execute activities in the approved General Management Plans,
Strategic Plans, and operating plans to achieve the goals of the Abaco Parks
4. Supervise park staff members and volunteers engaging in conservation and
maintenance activities ensuring that biodiversity in the park are not negatively
impacted by the work.
5. Lead the development and implementation of community outreach programmes,
education and public relations initiatives to promote the goals of the BNT.
6. Enforce rules and regulations of Abaco National parks laws and policies of the
Bahamas as they relate to the safety of individuals in the national parks of Abaco.
7. Assist with other tasks as assigned by the Director of Parks and Science

Required Skills:
> Bachelor's degree; or a minimum of seven years related experience and/or train-
ing in Environmental Conservation; or equivalent combination of education
and experience
> Computer literate (Word Processing, Spreadsheet and PowerPoint)
> Familiarity with conservation issues in general and as it directly relates to Abaco
> Pleasant personality
> Willing to work under demanding conditions


Marine Park Project Coordinator

Context
It is vitally important that the marine resources of New Providence are maintained
in a healthy balance for future generations. This project will heighten the aware-
ness of marine users about sustainable use of marine resources.

Primary Responsibilities:
This job will be focused on the creation of a marine park and implementing a dive
tag program aimed at raising awareness within the dive community with regards to
sustainable use of the marine park; responsibilities for identification and outreach to
existing and potential resource user groups and other community members

Duties:
1. Develop and implement Dive Tag program to promote and encourage users of
the Marine Park.
2. Coordinate and effectively administer all activities for the South West Marine Park
3. Serve as a conduit for communication between BNT, stakeholder groups and
community members with environmental concerns or ideas for the area.
4. Write press releases and other documentation for distribution to internal and
external audiences
5. Speak publicly about BNT's environmental / sustainable initiatives.
6. Compile news and event announcements into bi-weekly report to be submitted
to direct supervisor
7. Perform administrative tasks and any other tasks that support the overall con-
servation goals and work plan for the Bahamas National Trust

Required Skills:
> Bachelor's degree; a minimum five years related experience and/or training
in Environmental Conservation; or equivalent combination of education and
experience.
> Strong interpersonal and communications skills.
> Willingness to carry-out organizational mission with little day-to-day supervision
> Proficiency with Windows, Microsoft Office.
> A strategic thinker with sound technical skills, analytical ability, good judgment
and strong operational focus.


> Ability to produce clear written documentation for reporting
> Ability to speak persuasively and confidently to large and diverse audiences.

Interested persons qualified in any of the above positions should provide a cover
letter, resume and three references by November 16, 2007 to:
Human Resources Manager
Bahamas National Trust
P.O. Box N-4105
Nassau, Bahamas


or E-mail: bnt@bahamasnationaltrust.org


BUSINESS












INVESTMENT OPPORTUNITY




NEW POVIDNC FREP__


LOT No. 21 B FRASER ALLOTMENT
OFF SOLDIER ROAD Appraisal: $258,000.00
The subject property
con-sisting of 8,400
S^. ... *,1~ square feet is
.. developed with a
split leveled home
with 1925 square
feet of floor area on
the groun floor, a
porch area of 437
square feet and
second floor area of
735 square feet. The
building is of sound construction and completed in its entirety. The
ground floor comprises 2 bedrooms, one bath, a kitchen, dining and
family room. The second floor comprises two bedrooms, one bath, living
and dining areas.
Directions to property: Heading East on Soldier, turn left onto first paved
road opposite Lowes Wholesale, 2nd to last house on the road with
chain linked fence.


SANDYPORT


Appraisal: $300,000.00


All that lot of land having an area of 9,626 square feet, being lot number 40,
of the subdivision known as SandyPort, situate In the Western District of
New Providence. The property is Irregular in shape, is on a level grade and
zoned as single family residential. An electrical connection outlet Is located
near the property. The property is located on Sandy Port Drive just on the
bend before Governor's Cay on the Southern Side of the road.


No. 17 WESTRIDGE ESTATES


Appraisal: $930,000.00


All that lot of land having an
area of 30000 square feet,
being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
SSituate in the Western District
on the island of New
Providence.
Located on the subject
property is a newly
S constructed single story
structure comprising 6,QOO
feet of living space with a
three Car Garage.
The building is 75% completed and comprises five bedrooms, four and a
half baths study, living/dining, family room, kitchen, laundry and
generator room.
Location: From SuperValue West Bay, take the road heading west into
Westridge, take the first corner on the Right, Westridge Drive. Subject
property will be about the seventh on the right hand side of the road.

No. 43 JACARANDA ESTATES


SUBDIVISION


Appraisal: $1,193,464.20


.... ... All that lot of land having an'
area of 12,149 square feet being
lot #43 of Jacaranda Subdivision
Sin the Western District of the
Island of New Providence.
_..,. __ _. Located on the subject property
? -... *.'.-- is a split leveled structure
S. comprising approximately 6,513
square feet of living space with
..;.:.. -......-.. a double car garage and a
basement. The residence
comprises five bedrooms, four
and a half bathrooms, study,
basement/bedroom, utility room,
recreation area, living, dining, family rooms and kitchen. The property has
an incomplete swimming pool. The residence is 88% complete.
Location: Take JFK Drive heading towards Lynden Pindling Airport, go
past airport to roundabout at Old Fort Bay area. Proceed towards Lyford
Cay, as you pass the roundabout, Subdivision will be on the left hand side
of the road. Proceed through the gate at the sign Jacaranda to the T-
junction, turn right and proceed around the bend. Subject will be on the
left hand side of the street.


357 WINTON MEADOWS


Appraisal: $203,391.20


All that lot of land having an
,l area of approximately 9,466
square feet, being lot #357, of
Smrm -__ the subdivision known as Winton
of the Island of New Providence.
Located on the said property is a
seven-year-old single family
residence of approximately
2,149.4 square feet of enclosed
living space with three
bedrooms, two and a half bathrooms, living and dining rooms and kitchen.
Directions: Travelling South on Fox Hill Road, turn East on Yamacraw Hill
Road, continue East to the fourth corner on the left (Winton Heights).
Take the first corner on the left, subject property is the third on the right,
painted light gray.



FAIRWAY MANOR CONDOMINIUM Appraisal: $73,000.00


a..


Apartment 402, 2 bedrooms, 2 bathrooms.
Lot 4, Block GN, Edward Birch Curt, Bahamian North


LOT No. 20, BLOCK 1, UNIT 3
FORTUNE POINT SUBDIVISION


Appraisal: $38,000.00


All that lot of vacant land having an area of 12,650 sq. ft. being lot No.
20, Block 1 Unit 3 of the Subdivision known and designated as Fortune
Point Subdivision, Freeport, Grand Bahama. Duplex property zoning with
a rectangle shape.

LINCOLN GREEN, CANEBY CLOSE Appraisal: $38,500.00
Unit 5, Block 17, Lot #48 Single family residence, Clearwater Close.
Located on fresh water canal. Approximately 17,404 sq. ft.


FAMILY ISLANDS


ABACO


Appraisal: $108,000.00


PORTION OF MURPHY TOWN CROWN
ALLOTMENT, MURPHY TOWN, ABACO.
S*' The property is 89 x 100 ft
Sr and rectangular in shape.
The land. is elevated
a approximately 15 ft above
-road level and
approximately 25 ft above
S _i'. sea level. Located on this


property is
old three
bathroom,
kitchen and laundry room house. The structure
attention.


EXUMA


a twenty-year-
bedroom, two
living, dining,
requires much


Appraisal: $170,000.00


DUPLEX IN LOT 6625
BAHAMA SOUND No. 8, EAST, EXUMA
Trapezium shaped lot 35
ft. above sea level
comprising 10,000 sq. ft.
wwa Situated thereon is a 10-
Syear-old single storey
duplex, 2 bed, 1 bath,
I Kitchen, living/dining
area and porch.
S- .. _, (Building is in need of
repairs).


EXUMA


Appraisal: $673,075.00


CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION
The subject property is located
on Kingway Road and is
developed with an area of
S20,000 square feet. Situated
S1 thereon is a residence
comprised of 3,645 square feet
\ ''... of living accommodations,
inclusive of 4 bedrooms, 2
I baths, with laundry and utility
spaces and a two bedroom one
S.-- .--. bath guest .cottage of 600
square feet. The property is
fenced with white picket fencing and has a Gazebo at the highest portion
of the property.

PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00
All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres.
This site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space Inclusive of shop
space and rest room facilities.


TO VIEW PROPERTIES G00 TO:

www.stopnshopbahamas.com

CM on "Real Estate Mall"

CM on Doorway

"Enter Online Store"




IARRILIE150-3034
E-mai harr~colie~sctiabak-co


---~


THE TRIBUNE


PAGE 6B, THURSDAY, NOVEMBER 8, 2007


I












THE TRIUNE THRSDAY, November 8t, 2007,AE7


MU T LL he Tibun
SM

MICLANEOS POPETIE


CROWN ALLOTMENT NO. 77
MURPHY TOWN, ABACO

:-All that lot of land having an area of 6,790
sq. ft. being Crown allotment No. 77, of
Murphy Town, Abaco Bahamas. Located on
the subject property is a single storey single
family concrete building. This house is less
than 5 year old and is in good condition with approximately 1,750 sq. ft of living
space and contains 3 bedrooms, 2'bathrooms, living room, dining, kitchen, laundry
and utility spaces. There is no significant improvements or deterioration evident.
The property is very well drained and not susceptible to flooding. Landscaping
efforts are still in remedial stages. All major public and private utilities are situate
within 100 ft of the subject site. Property boundaries are clearly delineated.
Appraisal: $167,580.00
The subject property is situate off the front street, Murphy Town, Abaco and
is painted light yellow trimmed dark yellow.


(Lot No. 62, Lower
W Bogue) ELEUTHERA
All that piece parcel or lot of land
S. and improvements, in the settlement
of Lower Bogue, North Eleuthera,
-- ----.' being No. 62, comprising of about
34,210 sq. ft., this site encompasses
a 12 year old single storney home
comprising of 4 bedrooms, 3
bathrooms, front room, dining, breakfast room, kitchen and laundry room,
with a total living area of approximately 2,342.06. Property also includes
a double car garage, and front entrance with a totaFsq. ft.. of approximately
655.75. This home is approximately 85% completed. The property is
well landscaped with crab grass, fiascos and some fruit trees.

Appraisal: $235,638.00
This property is situated on the western side of Eleuthera Highway in
the settlement of Lower Bogue.


KENNEDY SUBDIVISION
(NASSAU)

Lot no. 21 all utilities available 10 year
old single story house, 3 bedroom 2
bathroom, living room, dining area, family
room, kitchen, study, laundry and an
_.entry porch.

Appraisal: $188,406.00

Heading west along Soldier Road take main entrance to Kennedy Subdivision
on the left, then take the 1st corner on the left then 1st right, house is second
on your right with garage.


S Investment Opportunity Must
Sell Lot No. 217 Pinewood
Gardens Subdivision
All that lot of land having an area of 5,000 sq ft,
being Lot No. 217 of the Subdivision known as
Pinewood Gardens, the said subdivision situated
in the Southern District of New Providence
Bahamas. Located on this property is a structure
comprising of an approximately 20 yr old single
S" family residence consisting of 992 sq. ft of
enclosed living space with 3-bedrooms, 1-
bathroom, living/dining rooms, kitchen, drive way and walk way. The land is on a grade and
level and appears to be sufficiently elevated to disallow the possibility of flooding. The grounds
are fairly kept and yard is open.
Appraisal: $127,988.00
Traveling south on East Street to the juncion of Soldier Road, make a left at the light then turn
right into Kennedy Subdivision, go all the way to T-junction, turn right then first left then right again
toward Mount Tabor Church building, after passing Mount Tabor take first left sapodillaa blvd), the
subject house is about 400 yards on the right painted yellow trimmed green, with green and white
door.


LOT NO. #7, BOILING
HOLE SUBDIVISION
All that piece parcel or lot of land
and improvements situated on the
I.sland of Eleuthera, North of
Governor's Harbour, comprising of
Lot No. 7 in the Boiling Hole
Subdivision and comprising of
approximately 10,000 sq. ft., this site encompasses a 17 years old duplex with
each unit consisting of 2-bedrooms; 1 bathroom, frontroom, diningroom and
kitchen with a gross floor area of approximately 1,474.20 sq. ft. and covered
porch area of approximately 164.70 sq. ft. this duplex was built in accordance
with the plan and specification as approved, and at a standard that was
acceptable to the Ministry Of Public Works. This structure is in good condition.
Each apartment could be rented at $800.00 per month. The land is landscaped
and planted with. ficus trees, but needs some manicuring.
APPRAISAL: $153,521.00


Lot No. 130, St. Andrews
Beach Estates


S' "' 'A11 that lot of land having an area of 8,100
'' sq ft, being lot no. 130, of the subdivision
'"- -estates, the said subdivision situated in
the eastern district of New Providence,
Bahamas. located on the subject property
is a structure comprising of anapproximately 12yr old duplex apartment consisting of
approximately 2,072 sq. ft. of enclosed living space which includes one 3-bedroom
1-bath, living, dinihg rooms, kitchen and utility room, and one 2-bedrooms, 1-bath,
living/dining rooms and kitchen, the land is on a grade and level; however the site
appears to be sufficiently elevated to disallow the possibility of flooding during annual
heavy rainy periods of the year. The grounds are fairly kept; the yard is enclosed with
chained linked fencing at the sides and back with gated access on both sides of the
property. The front lawn section is not enclosed.


Appraisal: $245,237.00


Traveling east on yamacraw hill road take the third comer right, with sign for st andrews beach
estates, then take first left, then first right, the subject property is the 2nd property on the left side
painted beige trimmed orange.

.... LOT NO. 1490 GOLDEN GATES SECTION 2

All that lot of land having an area of 6,000 sq. ft. being lot no. 1490 of the subdivision known and designated
as Golden Gates, the said subdivision situated in the southwestern district of New Providence, bahamas.
This property is comprised of a 25 yer old single family residence consisting of approximately 2,480 sq.
. 81 ft. of enclosed living space with three bedrooms, three bathrooms, living, dining rooms and kitchen.
The land is on a grade and level, however the site appears to be sufficiently elevated to disallow the
possibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith
improvements including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and a low cement block wall to the front.
Appraisal: $162,400.00
Traveling west on Carmichael Road turn left then right onto the service road opposite Bahamas Faith Ministries Complex, then first left again after passing clico and
pre-school. The subject house is the 6th house left painted green trimmed white.



VACANTPRPRTE


Rainbow Subdivision Lot No. 3, Block 27
All that vacant lot of land having an area of approximately 14,052.59 sq. ft. being lot no. 3, block 27, section b, of Rainbow Subdivision with residential zoning.
103.44 ft north by Queens Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. All utilities and services available.
Appraisal: $37, 440.00


This property is bounded about


BLACKWOOD, ABACO
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best use. It is ideally suited to single or multi-family development as is the nature of
surrounding properties within the community. The site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original state. It is covered with low
brush and broad leaf coppice vegetation intersperse with broad strands of mature Yellow Pine indigenous to the area. The property is well drained and represents no immediate flooding danger under
normal conditions.
APPRAISAL: $219,354.40
The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco. The property is undivided and comprises approximately 6 acres of a larger tract
of land of approximately 26 acres.
NORTH ELEUTHERA HEIGHTS (ELEUTHERA)
Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses
a foundation with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly
of the Bluff Settlement. The said lot is vacant and a hill over looking the Atlantic Ocean. Appraisal: $41,275.00


THURSDAY, NOVEMBER 8, 2007, PAGE 7B


THE TRIBUNE






PAGE 8B, THURSDAY, NOVEMBER 8 2007


SUPER
VALUE
NOW ACCEPTING
\.SUNCARD
The Bahamian Credit Card
QUALITY RIGHTS AND PRICES RESERVED
SPECIALS GOOD NOV. 8 NOV. 14, 2007


DOUBLE STAMPS EVERY SUNDAY
,nFEMQITYSTMS TE, B!TH& rI


QUAKER
QUICK


GRITS


5 Ib.


QUAKER FARINA
1 28 oz. $2.99t


AVE $1.1


S


KRAFT "
MACARONI
& CHEESE
7.25 oz.


S*I XF I


20 oz.


29


RAINBOW
CORNED
BEEF
12 oz.

990


Ill


AUNT JEMIMA
PANCAKE MIXES
32 oz.
2/$ OO
SYRUP
24 oz.
$389


QUAKER
BAG
CEREALS


asst'd.
2/$a


00


t: MAHATMA
/ LONG GRAIN/
PARBOILED
RICE

$ 89






CASE $20.99
SKELLOGG'S
FRUIT M
LOOPS
15 oz.


NIAGARA
SPRAY
STARCH ,o
22 oz.


AIR WICK
AIR FRESHENER
SPRAYS
9 oz.


MUELLER'S
READY CUT

MACARONI
16 oz.


0ue
Mueliers


k


I I


$ $*


36 oz.
'99


0


GATORADE
K SPORTS
DRINKS


BREI
Sol

sum


OS(
BE
A12-


$


I


I l- ll


:1


F HUNT'S
KETCHUP


II


I A e


I :

















BE PLACE



DR MEAT


BAR-S
MEAT &
CHICKEN


HOT DOGS
12oz.



0o oo00


S


I _


iKSTONE, 8 oz. GREEN GIANT, 12 Ears
JB:CREAM.............$2.1 9 CORN-ON-COB.....................$4.79
WXY SANDWICH, 10 oz. GREEN GIANT, Asst'd. Frozen, 10 oz.-
EESE....................2/$2.99 VEGETABLES...........................$2.1 9
IY'DELIGHT, 64 oz. PEPPERIDGE FARM ASST'D, 19 oz
RUS PUNCH,........$2.99 LAYER CAKES........................$2.99

A4


* By LAUREN VILLAGRAN
AP Business Writer
NEW YORK (AP) Gold
prices pushed higher for a
fourth straight trading day on
Wednesday, boosted by an
inflationary combination of ris-
ing oil prices and a falling dol-
lar. Oil hit a new record over
$98 a barrel.
Investors often shift more
assets to gold during periods
of increasing inflation. The dol-
lar has declined six per cent
against the euro since August,
and oil prices have soared 31
per cent over the same period
- fast moves that have
sparked inflation fears and
spurred investors to move
funds to the relative safety of
precious metals.
An ounce of gold jumped
$13.90 to $837.30 at midday on
the New York Mercantile
Exchange, its highest in 27
years.
The greenback slumped
against most major currencies,
including those in Asia, after a
senior Chinese political figure
said China should diversify its
$1.43 trillion foreign exchange
reserves into the euro and oth-
er, healthier currencies.
"The devaluation of the US
dollar is the story, the global
story," said MF Global analyst
Kevin Grady. "The largest
owners of US dollars are our
major trade partners. These


guys are getting nervous, and I
think what's starting to happen
is these guys are starting to buy
euros and gold."
The euro, which has rapidly
gained strength against the dol-
lar, bounded to an all-time high
of $1.4729 in earlier trading,
well above its $1.4554 level late
Tuesday.
Energy
Meanwhile, energy prices
fluctuated in positive territory
following a mixed report on US
petroleum inventories. The
Energy Information Adminis-
tration said stockpiles of crude
fell by 800,000 barrels, a small-
er drop than the 1.6 million
barrel decrease analysts had
expected, on average. A bar-
rel of oil surged to a record
$98.62 ahead of the report.
Gasoline inventories fell by
800,000 barrels, while distillate
stocks including heating oil and
diesel fuel rose by 100,000 bar-
rels.
In a Dow Jones Newswires
poll, analysts predicted gas
inventories would have grown
by 200,000 barrels and distil-
late inventories would have
fallen by 500,000.
Light, sweet crude for
December delivery gained 55
cents to $97.25 a barrel on the
Nymex. Gasoline futures fell
1.15 cents to $2.4465 a gallon,
while heating oil futures fell


1.51 cents to $2.6229 a gallon
on the Nymex.
Elsewhere, industrial metals
slumped as investors eyed
declines on Wall Street. Rising
inventories of several metals
also brought copper, zinc and
lead prices under pressure on
the London Metal Exchange.
December copper dipped
6.55 cents to $3.276 a pound
on the Nymex.
Bleak news from the auto
industry didn't help the metals
market, or Wall Street. Gen-
eral Motors Corp. posted a $39
billion third-quarter loss due
to a shift in accounting. The
automaker said late Tuesday it
would record a $38.6 million
noncash charge related to the
write-down of tax credits for
losses booked for the past three
years a signal that GM does-
n't expect to make enough
money to take advantage of the
credits, said MF Global ana-
lyst Edward Meir, in a report.
The Dow Jones industrial
average dropped 166.07, or
1.22, to 13,494.87, while broad-
er stock indicators also fell.
In Chicago, futures for agri-
cultural products including
wheat, soybeans and corn
slipped slightly.
December wheat fell 8.5
cents to $7.885 a bushel, while
January soybeans lost 2.5 cents
to $10.42 a bushel. Corn for
December delivery shed 1.5
cents to $3.8425 a bushel.


'AR MAYER
IANKS
EFWJUMBO/
I.LENGTH
1 lb.


OSCAR MAYER
COTTO
SALAMI
12 oz.2

$029


BAR-S
SLICED
COOKED
HAM
12 oz
$449


COUNTRY TREAT WHOLE ROTISSERIE
AZED DONUTS CHICKENS
12 pk each
$599 $799


I 57


Investors flock to



precious metals



as crude oil



prices climb


THE TRIBUNE


THURSDAY, NOVEMBER 8, 2007, PAGE 9B









PAGE BTR NV


When landlord9



can let tenants *



take distrainn'


GN-608








GOVERNMENT NOTICE

THE MINISTRY OF PUBLIC WORKS & TRANSPORT

REQUEST FOR TENDER FOR SECURITY OPERATIONS AT
THE EXISTING DOWNTOWN STRAW MARKET PLAZA,
AT NAVY LION ROAD & BAY STREET, NASSAU, BAHAMAS

The Ministry of Public Works & Transport invites Tenders for the provision
of security services at the Downtown Straw Market Plaza at Navy Lion
Road and Bay Street.
The contract is for a period of twelve (12) months in the first instance and
interested security firms are invited to submit Tenders with comprehensive
details of their proposal for security operation between the hours of 6:00pm
and 6:00am daily (including weekends and public holidays). The contract
will be awarded to the applicant providing the most economical and
acceptable Tender for the full duration of the contract period.
Interested companies may collect the Tender Document from the Ministry
of Public Works & Transport, 3rd Floor, John F. Kennedy Drive, between
the hours at 9:30am and 4:30pm, Monday through Friday beginning
Wednesday, 31 st October 2007.
Tenders must be submitted in sealed envelope market "Tender for the
provision of Security, Straw Market" and delivered to the attention of:
Permanent Secretary
Ministry of Public Works & Transport
John F. Kennedy Drive
Nassau, Bahamas
All Tenders must be received by 4:00pm Friday, 16th November 2007
accompanied by an endorsed copy of a current Business Licence.
Persons who submit Tenders are invited to a public opening of bids at the
Ministry of Finance in the Sir Cecil Wallace Whitfield Building Cable
Beach on Tuesday, 20th November 2007 at 10:00am.
The Ministry reserves the right to reject any or all Tenders.
Signed:
Creswell Sturrup
Permanent Secretary


minute of the day on which it is
*made payable. Therefore,
there can be no distress until


FROM page 2

tenant law, until after the last


the day after the rent becomes,
due. At the time the rent is-'-
due, the distrainor must pos-"
sess a legal or equitable inter-
est in the property upon which
the rent is owed
The right to distrain may be
lost in several ways: '
(1) By assignment by t e t,
landlord of his interest in te
property
(2) On expiration of the tein-
ancy
(3) By payment of the rent'
(4) By tender of the rent b
the tenant or his agent. ,
Due to the arguably "tenu7
ous" nature of the right to dis-
train, particularly to delinquent,
tenants under lease, and in'a'
careful observance of the terms
and conditions of the lease and
the tenant's equitable right tpo
relief against forfeiture,j-t
should be noted that the right
to distrain should be used in
exceptional cases only, after
all other remedies have been
exercised, and under careful
direction and advice of ahm
attorney where necessary.
,NB: The information com
trained in this article does not
constitute nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to
seek the relevant legal advice
and assistance regarding issues
that may affect them and ma,
relate to the information prel
sented.
Tyrone L. E. Fitzgerald is
an attorney in the Chambers
of Fitzgerald & FitzgeraldL
Should you have any comr
ments or enquiries regarding
the content of this article, yo4
may contact Mr Fitzgerald at -
Suite 212, Lagoon Court
Building, Olde Towne Mall
at Sandyport, West Bay St.,
P. 0. Box CB-11173, Nassau,
Bahamas


GN-603





OFFICE OF THE PRIME MINISTER


NOTICE

The Secretary to the Investments Board, Office
of the Prime Minister, today advised that
Governor General in exercise of the powers
conferred by Section 13 of the International
Persons Landholding Act, on September 27th,
2007, signed the International Persons
Landholding Act (Amendment to Schedule)
Order 2007.

The Order will come into effect 1st January,
2008 and revises the application forms. The new
Fee Schedule under the Order is as follows:

Certificate of registration...................$250.00
Perm it................................................. $500.00
Home Owner's Annual Resident Card.$250.00

The previous application fee of $25.00 is
discontinued and as of 1st January, 2008 all fees
will be payable to and must be lodged with
Public Treasury.


NAD
Nassau Airport
Developmeent Company

Nassau Airport Development Co. is looking for a
qualified company to provide operational personnel on
a contract basis.

NAD will provide training in specific technical areas.
Each individual will be working in secure and restricted
areas of the terminal buildings and will be required
to submit to enhanced screening and vetting in order
to qualify for the required Restricted Area ID. All
potential candidates must be customer service oriented
with a proven .ability to communicate, take initiative,
use good judgment, pay attention to detail and interact
well with a broad group of stakeholders.

At the onset of this contract, we would like a staffing
complement of 25 people available to fill 8 full-time
positions and 8 part-time positions plus construction
escorting duties. The successful proponent will be
responsible for providing uniforms to the staff and for
scheduling all employees based on NAD's requirements.

We are looking for a creative and flexible company to
work with for many years. If your company is interested
in becoming an Airport Partner and you have the
resources and experience to manage a contract of this
nature, please contact Ms. Lori Chambers for further
details:

Ms. Lori Chambers
Vice President Operations
Nassau Airport Development Company
Telephone 377-0209


THE TRIBUNE


PAGE 10B, THURSDAY, NOVEMBER 8, 2007


T) HumhreysTeam rolab thlet











TflE RIBUE EHRSDAY NOVMBER8,200,SPAEESS












agreatsucce ,.s'
. . . . . . . . . . . . .


By DENISE MAYCOCK
S. Tribune Freeport Reporter
. dmaycock@tribunemedia.net

FREEPORT Several New
Providence business persons
were hosted to a tour of Grand
3Bahama on Tuesday to see the
prious real estate, business and
investment opportunities that
exist in Freeport.
The investors' tour, which is
an initiative spearheaded by the
Grand Bahama Chamber of
Commerce, was a "huge suc-
e'ss", as several business per-
sons expressed a keen interest
id. investing in Freeport.
"We had expected to a group
of 50, but because of the storm
a'small group came over to
Freeport, and we were very
happy with the outcome
because it was extremely suc-
cessful and we got a lot of pos-
itive feedback," said Chamber
official Leigh Termath.
':The group was taken on a
tour of Lucayan Harbour, Brad-
ford Marine, the Bahamian
Brewery, the Industrial Park,
and the Logwood Development
Park, a new development by the
4Grand Bahama Port Authority
4GBPA).
S.hThey also toured several res-


idential areas, including
Bahamia, the area over 'The
Bridge, and the exclusive gat-
ed communities of Princess Isle
and Fortune Cay.
The group was shown Port
Lucaya Marketplace and taken
on a boat tour by UNEXSO of
the man-made waterways in
Freeport.
Ms Termath said Freeport
has a lot to offer Bahamian and
foreign investors. She added
that a well-known Nassau con-
tractor was immediately- smit-
ten by Freeport and intends to
come back and start a business.
"We had persons who import
Chinese goods into Nassau
come to see the potential of
bringing goods to Freeport, a
computer software business-
man, marketing and public rela-
tion professionals, and persons
who are considering moving
back to live here," she said.
"We will do this tour until
we run out of Nassau people,
and then we will like to take it
to Florida.
"The thing that is so impor-
tant about this is that we cannot
sit and wait for things to happen
[in Freeport].
"We have to go out and grab
the business people and encour-


age them to come up here, and
we can't wait for the Govern-
ment and Grand Bahama Port
Authority.
"And this is why the Cham-
ber decided to do this to go
out and physically bring people
here to see what we have to
offer," said Ms Termath.
She added that they expect
to host another tour to Freeport
in February that will run for two
days, and provide participants
with the necessary information
they need to expand their busi-
nesses to Freeport.
The Freeport economy has
been in a depressed slate since
2004, following the closure of
the Royal Oasis resort and hur-
ricanes Frainces and Jeanne.
Prime Minister Hubert Ingra-
ham said the Government was
committed to restoring the
Freeport economy, but
expressed great concern over
the ongoing legal battle
between the owners of the
Grand Bahama Port Authori-
ty.
He noted that while the
impact the GBPA conflict is
having on investor confidence
is not measurable, he believes it
would no doubt be impacting
Grand Bahama negatively.


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Vacancy for the Position:

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Key job functions and responsibilities include the ability to audit internal controls over
financial reporting performed in conjunction with financial statement audits which
must be assessed in accordance with the Public Company Accounting Oversight Board
standards. Must be able to perform information system audits as part of a financial
statement audit and identify strategic business risks, as well as analyze major busfne'ss
processes to ensure appropriate controls are in place. Ability to test key controls and
evaluate design and operational effectiveness. Must also perform due diligence IT
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in IT audit or information risk management. The Certified Information Systems
Auditor (CISA) designation would be a plus.

KPMG offers a competitive compensation and benefits package inclusive of medical
and pension plans.

Applicants should submit a cover letter, resume, a copy of their degree and professional certifications and a
copy of their transcripts to: KPMG, Human Resources Manager, P.O. Box N123, Nassau. Bahamas or
acash@kpmq.com.bs.
f*,. 2007 KPMG, a 8ahamian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG Internatonal, a Swiss
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i









CHURCH STAFF POSITION FOR ADMINISTRATOR
The Business Administrator is responsible to the Church, supervised by the Pastor for
administering the business affairs of the Church.

Functions:- 1. Establish and operate a financial record keeping and operating good
bookkeeping procedures.
1' 2. Prepare financial report for Financial & Budget Committee and
Church Treasurer.

3. Purchasing Agent, processing Purchase Orders.
4. Maintain records on Church Sraff. Establish and maintain records of
Church properties and facilities,
5. Assist Property Board with Architect Contractors and others in build-
ing, remodeling and equipping church buildings.
6. Administer Church adopr policies and procedures concerning the use
of all (Church properties and facilities.
7. Work with the Property and Congregational Boards in preparing an
Annual Budget of maintenance and equipment needs.
8. Supervise workers in the maintenance and repair of all physical proper.-
ties. Establish and implement cleaning, painting, renovating schedules
including the grave yard and parking lots.
9. Supervise the operation of food services.
10.Supervise assigned office personnel.
I 1.Perform other duties as assigned by Pastor.

Applicant needs to possess excellent verbal and wrinen conCnmuication and computer skills. Must
be a team player and willing to work flexible schedule

Please send Resume together with a coveting letter,
a statement of philosophy and a recent photograph to:
The'li'ust Secretary
Ebenezer Methodist Church
P.O. Box SS 6145
Nassau, Bahamas -


I -- .______________________________


A MONTAGE INSPIRED BY IHE TRADITIONS OF THE ISLANDS.
COMING : 0 1.




p> -f


'.- s-'.
.1.
.4-.''.







iKt .lt'i


~:s~


S


l's


Title Insurance protects against the possibility of future loss should the
legal rights to your property be challenged.

First BahlKTaIs l title insurance Agenc-y offers added peace of mind to tlhe
process of puich si' r.'al estate l 'v identilving and : i, t';i an'
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by a third party.

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+ Defence of a valid claim against your property title at no cost to you


For i nror i if rn fi action call 502.5230, e mail us at info@firstbahamastitle.com,
or visit us online at www.firstbahamastitle.com.

FirstS

Protect Your Piece of Paradise. I ham a
TITLE INSURANCE AGENCY
Policies i.wboed biy I w, v y w Il Insuwrant C'iwpotaon,. a UwAmerica Financial Goipi hli )tnppiny, tihe oldest title unsws) 'e (Vtty inA t ith. a hi


THURSDAY, NOVEMBER 8, 2007, PAGE 11B


d


THE TRIBUNE









THE TRIBUNE


PAGE 12B. THURSDAY. NOVEMBER 8. 2007


a SiilI


Regulator warns on work permits



issued to 'barred' financial workers


U- I


KING'S
REAL ESTATE
King's Real Estate Company Limited is a Bahamian Real
Estate and Development Company. We are currently
looking for applicants for the below positions:

CIVIL ENGINEER
* Bachelor Degree or higher in the field of Civil
Engineering.
* 3-5 years experience in Civil Engineering and
Construction related fields.
* Registered with the Bahamas Professional Engineers'
Board.
* Experience in the design of Subdivisions, Roads,
Airports, Drainage and Water & Sewerage Systems.
* Ability to use engineering software such as Auto
CAD 2004. .-
Proficient in implementing site quality assurance
measures and overseeing site supervisiorU ,' ,3
Hardworking and able to handle a number of projects
simultaneously.

REAL ESTATE AGENT
* 3 5 years experience in the Real Estate Industry.
* Licensed with the Bahamas Real Estate Association.
* Motivated.

King's Real Estate is a team orientated company and
potential employees should be capable of adapting to
this philosophy.
All interested candidates should e-mail there resumes to:
kingsley@kingsrealty.com





l DOCTORS HOSPITAL


.~~~~p ., *'* "* .^Kf


Qualifications:


Baccalaureate degree in Human Resources Management, Business
or Public Administration or Masters Degree in Human Resource
Management or related
Personnel/Human Resources field Professional Human Resources
(PHR) or Senior Professional Human Resources (SPHR) Certification
preferred
A minimum of three (3) years HR Supervisory/Management
experience in the HR field, hospital setting preferred
Familiarity with employment law
Must have excellent presentation and communication skills, both
written and oral
Excellent customer service, organization, leadership and computer
s!lls required
Ability to work independently
Position Summary:
HR Policy formulation
Maintaining HR metrics
Mentorship and counseling
Developing and maintaining a successful
recruitment program
Liaisons with government, school, and
employment agencies
Developing and maintaining
Salary commensurate with experience I Excellent benefits

Plas sbmt .eum t: umn eouce Dpatmn


FROM page one

US jail sentence for defraud-
ing investment clients out of
a multi-million dollar
sum.
1He obtained residency sta-
tus in the Bahamas and was
allowed to continue solicit-
ing clients from his Paradise
Island base despite the Aus-
tralian Securities and Invest-
ments Commission (ASIC),
the Australian equivalent of
the Securities Commission,
issuing a warning notice
about Mr Turner that was
published on its website.
It had ordered him to
return principal to investors
in an investment scheme he
had been operating because
he was an unregistered
investment adviser.
In response, Ms Campbell
agreed that Mr Deveaux's
due diligence request was
important. However, she said
the challenge from the
department's perspective was
a lack of human resources to
conduct the relevant due dili-


gence, while at the same time
meeting its desire to have
applications answered within
a four-week period.
"We would hope that prior
to them coming for a work
permit, the institution would
have ensured that the due
diligence is done because we
just don't have the human
resources to do it without a
delay in the process," Ms
Campbell said.
However, she added that if
such cases in the future do
come to light, the Immigra-
tion Department can take
appropriate action such as
the revocation of work per-
mits.
"That is something that can
be done. We have revoked
work permits," she added.
Ms Campbell said the
Immigration Department is
slowly tackling the massive
load of work permits reach-
ing her desk, which she
admitted had been over-
whelming.
"Last week, I had on my
desk for consideration, appli-
cations which were submit-


position
available

The Cove @ Atlantis Resorts
Registered Nurse Full Time

Responsibilities:
* Provide primary and minor emergency medical
care
*Administration of medication, oxygen,
intravenous fluids as indicated and outlined in the
clinical Protocol Manual
* Provide accurate and comprehensive medical
reports as required

Requirements:
* Holder of current Bahamian licence
* Must have at least three years experience post
graduation
* have current BLS & ALS Certification
* Must be responsible, have good communication
skills and independent.


CV should be sent via
e-mail to mary.epcotmedical
@coralwave.com by
November 31st, 2007.


THE
MEDICLINIC




2k8 4t-[


Julius Bair.

Julus Baer Group, the leading dedicated Wealth Management is seeking candidates for the
position of:
HEAD OF ITALIAN DESK
CORE RESPONSIBILITIES:
Set up and lead a team of relationship managers with focus on Italian speaking
European Countries (Italy and Switzerland)
Acquisition of new clients
Client retention and servicing of existing client relationships
Frequent business trips to Europe
Promote Nassau as financial centre and JB Nassau as booking centre for offshore
clients.
REQUIRED SKILLS:
Excellent verbal and written communication skill
PC literate with strong Excel, Word, PowerPoint (ability to learn new applications
quickly)
A commitment to service excellence
EXPERIENCE:
Minimum 10 experience in Swiss Banking in related field
EDUCATION:
A Bachelor's degree with concentration in Economic, Business Administration or
equivalent.
FOREIGN LANGUAGES:
The ability to speak a third language would be an asset
We offer a very competitive compensation and benefits package, a stimulating work
environment and the opportunity to make a significant contribution to our business while
expanding your career.
Interested candidates should forward a copy of their resume by October 31", 2007 to the
attention of:


BYHAND
Personal & Confidential
Human Resources
Ocean Centre, Montague Foreshore
East Bay Street
P.O. Box N-4890
Nassau, Bahamas


Personal & Confidential
Human Resources
P.O. Box N4890
Nassau, Bahamas


ted in October, and I am very
proud to say that, because
my staff has been working
hard and we are very con-
scious of the need to get
them out, so that persons
have their answer," Ms
Campbell said. .
The work permit applica-
tion would further be short-
ened with the online appli-


cation the Immigration
Department is working to get
up and running as soon as
possible, she added.
Ms Campbell said the
Immigration Department is
working on guidelines to
eliminate the uncertainty that
may exist in persons actually
completing the application
process.


Bahamas First seeks


5m share increase

FROM page one

replaced by a "more permanent capital structure", so the EGM
could have something to do with that.
Although Bahamas First has traditionally led the Bahamian
insurance market in terms of premium value and volume written,
several sources have pointed out that it has not done as well as oth-
ers in terms of translating those revenues into bottom-line profits.
Meanwhile, Mr Ward said Bahamas First was not expecting
much in the way of claims stemming from the Family Island flood-
ing caused by Tropical Storm Noel.
He added: "We don't expect a lot of claims. We have had less
than 30 claims reported to us this far. I don't expect that number to
grow much, but the only caveat is that we are still waiting for
detailed information to come in from Long Island."
Tom Duff, general manager for Insurance Company of the
Bahamtas, the company through which J. S. Johnson places much of
its business, said itwas also too early to give precise estimates on
claim volumes and values, as the persistence of flooding on many
islands was making it difficult for people to travel and submit
claims.
"It's a little bit early yet," Mr Duff said. "Claims are still coming
in. But if I had to put a rough finger on it from what I know today,
it would be something in the region of $2 million in claims costs for
ICB, but it could be less. I think we got off lightly."


ALL POSITIONS WANTED
Contemporary Asian
Multi-Outlet Dining Concept

Junior Sous Chef, line and pastry cook
with high-end cuisine experience.
Wait/bar staff. Previous experience in high-end
dining establishments a must.
Dining Room Supervisor/ Wine Steward with
previous high-end restaurant experience
Extensive knowledge of Asian cuisine and
wines a definite asset.



Fax resumes to 328-8381 or email to.
info@shogunrevolver.com


I 1


EMPLOYMENT OPPORTUNITY





Requirements:

* Must be a high school graduate
* Must be people oriented
* Must have smiling faces
* Must be customer service driven
* Must be a high performer
* Must have excellent oral & written
communication skills
Must be able to work flexible hours,
including late nights, weekends and
holidays.

McDonald's offers excellent benefits!
Competitive Pay!
Training!
Career Development!
Monthly Incentives!
Opportunities for Upward Mobility!

Applications available at all three
restaurants and McDonald's Head Office
on Market Street North


--- --~ ----~~--~~~~ I


- ------- --- -~----- ---~-~ ---


BUSINESS I










IHE TRIBUNE


THURSDAY, NOVEMBER 8, 2007, PAGE 13B


'Lock down' US

pre-clearance

in trade

agreements
FROM page one


He added that as trade
and tax information
exchange talks continue,
. the Bahamas must ensure
the agreements it signs
on to are, in fact, mutual-
ly beneficial to all par-
ties.
"You need to consider
the mutual benefits and
aot pure Tax Informa-
tion Exchange Agree-
ments (TIEAs). For
example, the Bahamas/
US tax agreement can be
improved because it still
has 'the name and shame
provision' associated
Nith it." Mr Delaney

Ie added that one of
h biggest benefits in
the TIEA between the
eUS and the Bahamas was
the convention tax
exemption clause, which
provided a major boost
in the country's group
tourism revenue and was
one of the deciding fac-
tors behind Sol Kerzner's
decision to proceed with
the Atlantis Phase III
expansion in the way he
did.
Mr Delaney questioned
whether tr there should be
other such agreements
that could be made with
the likes of China and
Canada.
Mr Delaney added that
the Government had
hired a consultant, likely
to be Canadian Mark
Sills, who is in the
process of researching
and writing a strategic
plan and trade memoran-
dum for the Bahamas.


'Enchanted forest' of Freeport




targets US, UK and region


FROM page one

good preliminary shot", in
terms of broadening the
Chamber's outreach and
investment search, Mr Lowe
said: "I think we'd go beyond
Florida, but will still go there
and to some of the eastern
seaboard states. I think we
should certainly be looking
to the UK and the
Caribbean."
He explained that with its
investment incentives, includ-
ing no import and export
duties, its deep harbour, con-
tainer port and logistics/dis-
tribution/transhipment char-
acteristics, Freeport was an
ideal location for Caribbean
firms to set up a base close
to the US, from where they
could ship product to other
jurisdictions.
With its "solid" infrastruc-
ture, water supply, available
land mass, utilities and roads,
coupled with 'the investment
incentives such as customs
duty exemptions on goods
imported for use in business-
es Mr Lowe said Freeport
was "entirely set up for busi-
ness".
He pointed out that had
the $12 million Bahamian
Brewery Company, which
was set to open its doors
imminently, had been located
"anywhere else in the
Bahamas, it would have cost
$18 million. There's a direct
correlation right there".
One way Nassau companies
could benefit from Freeport's
investment incentives, Mr
Lowe suggested, would be to
obtain a Grand Bahama Port
Authority (GBPA) business


NOTICE
NOTICE is hereby ;gien that DIEUDONNE JASON of
ROBINSON ROAD, NASSAU, BAHAMAS, is applying to
the Minister responsible for Nationality and Citizenship,
for registration/naturalization as a citizen of The Bahamas,
and that any person who knows any reason why
registration/ naturalization should not be granted, should
send a written and signed statement of the facts within
twenty-eight days from the 1ST day of NOVEMBER,
2007 to the Minister responsible for Nationality and
Citizenship, P.O.Box N-7147, 'Nassau, Bahamas.


NOTICE

NOTICE is hereby given that MAXIM JASMIN of JENNY
STREET, 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 8th day of November, 2007 to the Minister
responsible for Nationality and Citizenship, RO.Box N- 7147,
Nassau, Bahamas.








A leading global, research-based pharmaceutical company
seeks qualified persons for the following position:

Medical Sales Representative
The medical rep will be responsible for promoting
pharmaceutical brands within the healthcare community in
The ahamas.

Skills & Educational Requirements:
v Bachelor's degree in medical science, allied health, or
business management
V Effective communication and presentation abilities
v Proficiency in time management, planning and organizing
v Computer literate
v Self-motivated team player
v Previous experience in pharmaceutical detailing would be
an asset

Candidates should possess a reliable motor vehicle, be willing
to travel to the family islands, to the U.S., and other foreign
countries.

Please send resumes by December 7th to:

Medical Rep
Lowe's Wholesale Drug Agencies
P.O. Box N-7504
Nassau, Bahamas
or FAX: 393-0440
We thank all applicants for their interest, however;
only short-listed candidates will be contacted.


licence and establish a bond
and bond number with the
Customs Department.
By setting up a warehouse
in Freeport, the Chamber
president said Nassau busi-
nesses could import stock and
inventory to it, then ship
product on to Nassau and pay
duty only when it was need-
ed. In doing so, they would
avoid the need to pay so
much customs duty and
stamp tax up front, aiding
business cash flow.
"It alleviates tying up a lot
of money in duties on inven-
tory, which is over one/third
of your inventory value," Mr
Lowe said.
He explained that tours
such as this week's one were
designed to take Nassau busi-
nesses beyond the myths and
unknowns surrounding
Freeport, giving them a sense
of how the city worked and
the advantages it could give
them and their companies.
Mr Lowe said: "I've come
to look at Freeport as an


enchanted forest. When peo-
ple walk past, they cross
themselves. It's like an
unknown entity.
"It's the obfuscation of its
whole management structure,
and what its intentions are.
Was Freeport created as a
national property for the
benefit of citizens of the
Commonwealth of the
Bahamas, or was it a private
enclave.
"People cannot fathom it
because it's so much like an
enchanted forest. It's unfath-
omable. The biggest draw-
back for Freeport is the lack
of oversight and transparen-
cy."
When it came to attracting
new investors to Freeport, Mr
Lowe added: "This is one
thing the licensees need to
step up to the plate on and
basically show we are in
charge of the future as much
as the people in the Port
Authority Pink Building. The
Government in Nassau is as
clueless as anyone else."


Legal Notice

NOTICE

ESTANCIA LTD.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
18th day of October 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.






ARGOSA'CORP INC .
'(Liquid tr) '



Legal Notice

NOTICE

STREAMWOOD INC.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
2nd day of November 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.


ARGOSA CORR INC.
(Liquidator)


Legal Notice

NOTICE


SWITCH-BOARD CORP.

(In Voluntary Liquidation)


Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
2nd day of November 2007. The Liquidator is Argosa
Corp. Inc., P.O.Box N-7757 Nassau, Bahamas.







ARGOSA CORP. INC.
(Liquidator)





NOTICE

IN THE ESTATE OF MER-
RILL M. STENBECK late of 867
Cedar Swamp Road in Oyster Bay,
in the State of New York one of the
United States of America, deceased.


all


NOTICE is hereby given that


having any claim or
against the above Estate


are required to send the same duly
certified in writing to the Undersigned
on or before the 19th day of Novem-
ber, 2007, after which date the Execu-
tors will proceed to distribute the assets
having regard only to the claims of
which he shall then have had notice.


AND NOTICE is hereby also given that
all persons indbted to the said Estate are
requested to make full settlement on or

before the date hereinbefore mentioned.

HIIGGS & JOHNSON
Attorneys for the Executors
Chambers
P.O. BOX N-3247
Ocean Centre
Montagu Foreshore.
East Bay Street
Nassau, Bahamas


persons
demand


Pricing Information As Of: C F A "
T",je 1 C.er..ALr 200
skRIS-X4TED & &1RA r arCwNTWf '4 Sj8lU MORE bATA & INFORMATiON
BISX ALL SHARE INDEX: C/LO S, 14M = -. M '/ "39.79 I YTD % 14 31
-.P. H -. 2.*.' -L, .'. 'u. .. 1 Preji...usClose Today's Close Cr.ange Da.i 1 EF-. L1.. i
I 6, 11 4 00,,.; l.,,,,.. 1.59 15961 9 00 ,',, ,,' ,,,,I,,',, .
11.74 11.00 Bahamas Property Fund 11.60 11.60 0.00 1 502 0 400 77 7 ',
9.55 7.86 Bank of Bahamas 9.55 9.55 0.00 1.? -13' 0 2(60 I13
0.85 0.70 Benchmark 0.85 0.85 0.00 0.04H 0 020 I ;
3.74 1.65 Bahamas Waste 3.74 3.74 0.00 U 275 0 060 11 6 "
2.62 1.20 Fidelity Bank 2.61 2.61 0.00 0.051 0.040 5 I ",
11.05 9.81 Cable Bahamas 11.02 11.00 -0.02 1.500 1.030 0.240 10 7 2
3.15 1.83 Colina Holdings 3.16 3.15 0.00 0.208 0.080 15 1 :. I' ,
16.56 12.10 Commonwealth Bank 16.56 16.56 0.00 950 1 190 0.680 13 0 1 1',
7.22 4.70 Consolidated Water BDRs 6.29 6.40 0.11 t) 112 0 050 5 ) ",
2.70 2.20 Doctor's Hospital 2.25 2.25 0.00 500 0.284 'o ..,
6.50 5.54 Famiguard 6.50 6.50 0.00 0.80,1 0 40 ,8 I,.'
12.80 12.00 Finco 12.79 12.79 0.00 0.768 0.570 165 / .I -It
14.75 13.85 FirstCaribbean 14.65 14.65 0,00 0.934 0.470 15,7 ,3 21,,,
6.10 5.18 Focol (S) 6.02 6.03 0.01 8,000 0.359 0.133 16.8 2 24%
1.00 0.54 Freeport Concrete 0.70 0.70 0.00 -0.415 0.000 N/M 0.00",
8.09 7.10 ICD Utilities 7.25 7.25 0.00 0.411 0.200 176 2.76",,
10.05 8.52 J. S. Johnson 10.05 10.05 0.00 0.991 0.590 10.1 5.87,
1000 10.00 Premier Real Estate 10.00 10.00 0.00 1.167 0.600 8.6 6 00"o
( s.I. H. 5,2..- *L....' .,,-...:. BIa $Ask $ Last Price ,Veeki ou EPS- i E ..i f E
14.60 1 4 25. Bar,,,-,-, ':,up 'T.-re- is 14 60 1560 1600 1 160 1 i "- I
8.00 6.00 Caribbean Crossings (Pref) 6.00 6.25 6.00 0.000 0.480 NM 7.10",,
n j 0 20 RND H .ldin 0 35 0.40 0 20 -0 030 n 000 N'M 0.00,i!
.1 ,:c 41 : u. -ABe-.B 41 00 4300 4o1 00 *5t- --:. ... 70"o
14.60 14.00 Bahamas Supermarkets 14.60 15.60 14.00 1.160 1.125 13.4 1 7 ",,
0.55 0.40 RND Holdings 0.45 0.55 0.45 -0.030 0.000 N/M 0 0o"l,
'.. -. H ".-,. 1-L .,.'. Fu... t-irm., NA YTO% Last 12 Monlns Di Yiel :
1.3615 1.3128 Colina Money Market Fund 1.361452"
3.3829 2,9449 Fidelity Bahamas G & I Fund 3.3829"**
2.9215 2.4687 Colina MSI Preferred Fund 2.921539"**
1.2741 1.1970 Collna Bond Fund 1.274052"**
11.6581 11.2596 Fidelity Prime Income Fund 11.7653"**
i.i ;,, .. .iiLE I L ..,. I ...... .. t.ARK ET TERMS VIELD 'l-0M l 1 2 'r.Gnl dlgad 'e.1js i.'] - L., ci.'-'l.-. Ii 1, h _
52wk- H HIghostl rlosingi prico In lasl 52 weeks Bid $ Buying price of Collna and Fidelity
52wk Low Low cldosiing prico In last v wVouok. Ask $ Selling price of Colina and fidelity .i,
Previous Closu Prcvious diy'ta wolhthilod pli.c fol daly volino Last Price Last traded over-the-counter price 1 ,lll '(l.
rT.dy's Clos Curi t day's weightlid p rice ti[ (l.illy volui iO Wenkly Vol. Trading volume of the prior wooeek i
Change Chango in closing prico from day to day EPS $ A company' reported earnings per sharo for thels 2 lIlts a 12 mtll* ,
Daily Vol Number of total shares traded lodIly NAV Net Asset Value
DIV $ Dividends per share paid in the last 12 imonlths NIM Not Meaningful
P/E Closing price divided by the last 12 month a ilrnings FINDEX The Fidelity Bahamas Stock Index January 1, 199- = 100
(S) 4-for-1 Stock Split Effective Date 8/8/2007
TO T'RAIQB CALL: .COLINA 24.1. TION CALL (242) 394 2lr'


I


1_1_~_


BUSINESS


1 *


1 _












PAGE 14B, THURSDAY, NOVEMBER 8,2007


THE TRIBUNE


COISPG


'.. . ,-
~~Tr b une m

JUDGE PARKER
Oke, MIAr'6ABUS6N66 I |*

TH6^J ^ k-,1 -
TR~J/ WHV O#PFOR'TUNIT`/
7l~' ~~Jh FOR' WSTI-N AbJ M'l. __l


. .,,.. e W-y'. ,.


APARTMENT 3-G


SOFRYJopy ... YUR ARM' GONNA HAFTA >
A LOT 1IGO3ER IF NOU WANT MI'T PRAW A
131PRAGON TATTOO ON IT'"


BLONDIE


Famous Hand


MARVIN
SWH'' DO YOU
BIT-rE PEOPLE.,
1DRAC? T





0 E


1 BLAME MY
ANTISOCIAL
BEHAVIOR ON
M4' PARENTS


NON SEQUITUR

WM16'6 ap CLWc.wtc, I Do'T tc Row Ho i
Ac pIrTLRE CPMFttNUK... KTUtAMW.L 6oT
A.. ATUKTr.UI B r6. T.ING6




M *
OF Kn.


East dealer.
East-West vulnerable.
NORTH
*AJ942

*Q5432
4854
WEST EAST
S85 4-
VKJ73 VAQ10852
J1086 *AK97
+932 +AQ 10
SOUTH
+KQ 10763
19 64
*-
+KJ76
The bidding:
East South West North
IV 1+ 2V 24
3* 34 Pass 44'
6 V Pass Pass 64
Dble
Opening lead jack of diamonds.
So much emphasis is normally
placed on high-card point count that
the role of distribution all too often is
given a back seat in the evaluation of
a hand.
This deal was played in a team-
of-four championship many years
ago. East was George Reith, one of
the founders of the one-over-one sys-
tem, which is a fundamental part of
our present-day methods of bidding.
Reith also promulgated a high-card
point-count system of evaluation that


was in use as early as 1930.
He opened the bidding with one
heart and eventually reached six
hearts after his partner had raised his
suit. When North then bid six spades,
Reith doubled, holding four top
tricks and 19 high-card points. He
certainly had a reasonable expecta-
tion of defeating the contract.
This turned out to be impossible,
though, as East-West could take no
more than one trick the ace of
clubs! Declarer ruffed his three
hearts in dummy and lost only one
club trick due to the location of the
A-Q in front of the K-J.
It would be unfair to criticize
Reith's double, even though the slam
could not be defeated the way the
cards were situated. His high-card
values were annihilated by the freak
distribution of the North-South
hands.
At the other table, the bidding
was equally frenetic. Reith's team-
mates also bid six spades over six
hearts but they were less fortu-
nate.
The East-West pair carried on to
seven hearts (which could be held to
down one as the cards lie). But
North-South, unwilling to run the
risk of having a vulnerable grand
slam scored against them, continued
on to seven spades, down one, and
the Reith team lost 1,310 points on.
the deal.


OIETaw






HOW many wordsofur .
letters or more can you make
In making a word, each letter
may be used once only. Each o *
must contain the centre letter
and there must be at least one -
nine-letter word. No plurals. .
TODAY'S TARGET
Good 25; very good 37;
excellent 49 (or more). Solution
tomorrow.


CRYPTIC PUZZLE E -ii 1 3I 4 |' _


ACROSS
3 NomInally In proper alphabetical
order(5)
8 RFler who'd look less good
Inamnel (5)
10 Monarch wh only one foo? (5)
11 Since Its setcky, gel out for a duck (3)
12 He retume Nora a letter (5)
13 Answer soon,Ifonly briefly(7)
15 Uttle men pushed on board(5)
18 Maerplan finally? (3)
19 Stay at a sound figure, and that's
good (6)
21 There's a marvelous calm, perhaps,
about a soldier (7)
22 Is ofproven usefulness Inthe
kitchen (4)
23 Somethlngtodoforoneself(4)
24 In a wildstorm, theyhavewaysof
giving advice (7)
26 Edgars disposed to adlt levels (6)
29 It'scold, I see, at the Norweglian
centre (3)
31 Damaged, as one can be sald to
grasp (5)
32 Flsh out, in this case, a word
meaning stuck together (7)
34 Anriceblitof stuf frm Franoe?(5)
35 A fool,but at leasthecanholdhis
drink (3)
36 Figureout a football's eor Is
reasonable (5)
37 Pungentty flavoured, but no good In
water (5)
38 Mgh they be saved by n ISOwhen
about to turn left? (5)


Yesterday's cryptic solutions
ACROSS: 9, Inl n-AIll .T (two) 11, PIIAl 12,
T- 13.-M4 dW 14, ()nom r 15, Stse% n
17, Nice wolk 18, s 9t, 1Sag 21, Asse.N 24,
Takes out of oneself 27, E-lp e 29, ned 30, Scutle 33,
A O Ii 3, is, iy, Snap 377, Lobster 86, ritrl
40, R -le 41, 42, a
DOWN: 1, lan e I '2,COW$3, AM 4y.s 4, Flemih
Ood6.AWl W7, B-rOew MMdinw 10,
TAM 1 -20,AlorIM 22, Sahtet423, Cull
bk 25S, SPechb 26, FuHsng28, Unawed3 ,
Car"l 32. An e 834, Rapped 35, Dated 39, TWO


DOWN
1 Special thing you have once a day (5)
2 Stanng athe portal, could he pass
asRoman,posibly?(7)
4 Orn meansofdescrIbing
theitors(4)
5 The'driveneeded when public
relations are a blt hopeless?(6)
6 Chlneselady In outer
Hendon (5)
7 Creature to take In and
ask out (5)
9 Game you need a bit of tooling
up for? (3)
12 Plants Alphonse longs or? (7)
14 Stage nickname? (3)
16 Drinks, many from
Widnes(5)
17 Derogatoryas28'can be(5)
19 Strng place n boats, perhaps(7)
20 Is such a cookie dfliculto hug? (5)
21 Gong making the ulmae sond
during dlmer? (5)
23 Is he honoured to be out of ail? (7)
24 The doc's company lor me and
the gir (6)
25 Asean exdamalon, could be
heartless? (3)
27 It goes roundor up a hI (5)
28 Being stupid, I send
for bk*(5)
30 In extremes of poverty, she always
hassomething to eat (5)
32 Not so hot, perhaps, but tls
approved of (4)
33 Dashfortheladdert(3)


lYesterday's easy solutions I_ -- I
ACS: 9 Pleasan 10, Too 11, UrInu 12, Ekimo 13,
TM l 14, ijpe 15, Meddsome 17, S c18, FIssur
19, Data 21, Locust 24, Noughts andcroess 27, ChIsel
29, Easy 30, Assumes 33, Enhances 35, False teeh 36,
Asks 37, PrepM 38, Erlc 40, Uilre 41,Toe 42,
DIOWN:1, l 2,8M,2Sai ,Sabolour 4, Sston 5,
For Instance 6, H. oo 7, Ber 8, Sumpects 10, 1Tsne
16, Dscus20, Auns22,Costume 23, AssMs fentd25.
Hsoop PS, Spidss 28, Handsome 31, Skeleton 32,
llegal834,.Abs 36. Fam 389,uVu.


ACROSS
3 Desire (5)
8 Bet(5)
10 Senior (5)
11 Spoil (3)
12 Nedckwear Item (5)
13 Lack (7)
15 Coller(5)
18 Also (3)
19 Tiny (6)
21 Tarconstituent (7)
22 On a grand scale (4)
23 Employer (4)
24 WiHlearing (7)
26 Slew (6)
29 Anger (3)
31 Body or water (5)
32 Digital protection (7)
34 Spice (5)
35 Transgreesson (3)
36 Below (5)
37 Scope (5)
38 Cut (5)


DOWN
1 Yoghe(5)
2 Basphemer7)
4 People (4)
5 Psts (6)
6 Delicael (5)
7 Brmes cap (5)
9 T a of lemet (3)
12 Reconnollred (7)
14 Negetlk(3)
16 Tend (5)
17 Brings up(5)
19 Say in passing (7)
20 lzard(5)
21 Holybookt(5)
23 lI lemet(7)
24 Term of office (6)
25 PuWaloIs (S)
27 Cal topping (5)
28 Shoe Mtenes (5)
30 Note vakue(5)
32 Occasion (4)
33 Togel(3)


Vadim Zviagintsev.v Ruslan
Ponomariov, Russian team
championship, Sochi 2006.
Reaching a tough endgame after
several hours play is a test for
any grandmaster. Here White (to
move) has two extra pawns, yet
Black has serious drawing
chances. The obvious try 1 e7
fails to Rf7 2 Ng5 Rxe7 3
Rxe7+Kxe7 when Black gives up
his knight for White's last pawn.
1 Ra6 Ke7 also doesn't help, but
Zviagintsev found the subtle
winning tactic 1 Kg6l when
Nxe6 2 Nf6+Kd8 3 Ra8+Kc7 4
Nd5+ forks king and rook.
Today's puzzle shows another
hidden trick in this apparently
simple diagram. What happens
after 1 Ng5? Coulsdon, Surrey
stages an open-to-all one-day


THURSDAY,
NOV8
ARIES March 21/April 20
You must fight for what you want
this week, Aries. Take nothing for
granted, especially from those who
you suspect may be jealous of your
recent success.
TAURUS April 21/May 21
Your workload is likely to increase
this week, and you'll have to work
pretty hard just to keep up. Be sure
to reward yourself with plenty of'
rest and relaxation:
GEMINI May 22/June 21
Put your heart and your soul into
everything you do this week,
Gemini. Expect positive develop-
ments in a working relationship,
friendship or romance.
CANCER June 22/July 22
Now is the time to act if your goal
is to persuade loved ones to see
things your way. Those near and
dear may become more difficult,
but not impossible, to deal with.
later in the week.
LEO July 23/August 23
Think positive, Leo. No matter what
you do for certain people this week,
it won't be enough, so stop worry-
ing about it and just do what makes
you feel good.
VIRGO -- Aug 24/Sept 22
If you focus on money matters this
week, it won't be long before all of.
your numbers are lined up.
However, if you do to much at once,
you'll only end up in trouble again.
LIBRA Sept 23/Oct 23
You won't want for self-confidence
this week, Libra. But remember that
yours is the sign of partnerships, and
you'll get more done if you learn to
cooperate with others.
SCORPIO Oct 24/Nov 22
You may regret it if you give too
much away this week, Scorpio.
Your generosity is legendary, and
wonderful, but it pays to be a little
selfish at times.
SAGflTARIUS-Nov23/Dec21
You are a person who definitely
understands how to network. Your
smile this week is proof that you're
on top. Don't try so hard to impress
other people. After all, you're the
star of the show.
CAPRICORN Dec 22/Jan 20
There will rarely come a better time
to show the bosses what you've got.
Don't worry about messing up; just
take the plunge and in no time every-,
one will be singing your praises.
AQUARIUS Jan 21/Feb 18
Now's the time to make a change if-.
you're bored with your current sitl- -
ation at work or in your personal
life. You'll have plenty of energy to
go around this week.
PISCES Feb 19/March 20
Try not to mix business with plea-
sure this week, Pisces, as you may
regret it. Things can get confusing
when it comes to affairs of the heart.
Keep your emotions under control.


a b


8479


Liil :


c d c f S h


congress on Saturday, at which
anyone from expert to novice is
welcome. Call Scott Freeman at
020 8645 0302 if you would like
more details.


LEONARD BARDEN


Chess solution 8479: 1 Ng5 Nxe61 2 Nxe6
Rxh4 + 13 Kxh4, stalemate draw.


1 -I


e -eL a r .a e


---


- mmmm


JPl









I Uou," -l, PAGE 15B


THE TRIBUNE


Coalition: Still need




for health reforms


But not via NHI plan proposed by Christie government


* By NEIL HARTNELL
Tribune Business Editor

THE National Coalition for Health
Care Reform, the private sector, medical
and trade union body that was formed to
t oppose the previous government's Nation-
al Health Insurance (NHI) plan, is aiming
I.to produce a report within the next two
weeks that will show the continuing need
'to reform the Bahamian healthcare sys-
tern.
Winston Rolle, a former Bahamas
Chamber of Commerce president and
Coalition spokesman, said yesterday that
he was working to put together a report
that would compile all the group's previ-
ous work on healthcare reform and the
Christie administration's National Health
Insurance (NHI) plan into one.
"We still have an obligation to our con-
stituents that supported us, and feel it
appropriate to give them a report and


bring awareness to the fact that there is a
need to reform our healthcare system,"
Mr Rolle said.
"We're not against health care reform,
just the manner in which it was being pro-
posed. I would hope the Government
would heed what's in it [the report] as
well." #
Mr Rolle asked that the Coalition be
given "a week or two" to compile its
report, adding that apart from producing
that document, the group "haven't made
any decision as yet as to what our next
steps or course of action will be".
Their campaign, though, is continuing,
Mr Rolle explaining that the report -
agreed at a meeting earlier this week -
will be "a compilation of a number of
things we did".
The FNM government appears to have
adopted a different approach to the issue
of healthcare reform than the Christie
administration, first focusing on the pro-


motion of healthy lifestyles and the pre-
vention of diseases.
It is also moving to establish a National
Health Fund that will assist with the pur-
chase of prescription drugs and medicines
for specific chronic illnesses, rather than
the previous administration's one-size-fits-
all NHI scheme.
The Coalition and private sector had
opposed the Christie government's NHI
scheme for fear that the 5.3 per cent con-
tribution rate, to be split 50/50 between
employer and employees, would effective-
ly act as a tax and impose a significant
drag on the Bahamian economy.
They also argued that, given the
Bahamas' increasingly ageing population
and the fact that people were living longer,
demands on the NHI scheme would
increase, forcing contribution rates to
move ever-upwards and making the
scheme financially unsustainable over the
long-term.


SNew Citigroup leader faces 'sub-prime' mess


r, By ERIC DASH
5a1 c.2007 New York Times
*'' News Service
NEW YORK Until Sun-
day, Robert E. Rubin collected
$17 million a year as Wall
*"' Street's ultimate hands-off exec-
utive. On Monday, Rubin had to
,' roll up his sleeves.
Rubin, who was named Citi-
group's chairman after the
departure of Charles 0. Prince
III, has moved quickly to deal
with the turmoil that has
' engulfed the banking giant. He
S' has expressed a commitment to
Citigroup's dividend and its
,:: existing strategy and is taking
on a raft of problems, starting
with the subprime mortgage
'- mess.
On Tuesday, the bank estaib-
lished asubprnme portfolio unit
'' to help manage exposure to its
t 'riskiest securities, which have
'' had losses so far of $10 billion to
"" $13 billion. To run the unit, the
bank named Richard A. Stuck-
ey Jr., who helped it unwind the
bad bets of the Long-Term Cap-
ital Management hedge fund.
On Monday, Rubin tried reas-
sure investors even as credit
agencies lowered Citigroup's
", rating amid speculation of more
losses. Later, he and three other
A. directors met to discuss the
search to find a successor to
Prince, who was chairman and
,', chief executive. On Tuesday, the
,. bank was hit with its first share-
.1 holder lawsuit, just as Rubin fin-
,i ished his first series of senior
management meetings.
For now, the future of Citi-
k 4 group rests with Rubin, who has
'- had a celebrated career running
K Goldman Sachs and the Trea-
sury Department. He is lending
his credibility at a time when
Citigroup is facing ballooning
losses, precariously low capital
and a lack of trust from employ-
iv, ees, investors and clients.
But Rubin's own reputation
is also on the line, and many
have raised questions about his
-' role up to now. He has been Cit-
v group's most influential director
and a top adviser to Prince with
no decision-making responsibil-


ity.
Wall Street analysts and
bankers have several questions:
If Rubin's role was to help steer
the bank, why isn't the board
holding him accountable? What
sort of advice did he give Prince,
and how did Prince respond?
"You would think that this is
disturbing with regard to
Rubin's legacy," said Douglas
Kass, a hedge fund investor at
Seabreeze Partners Manage-
ment in Palm Beach, Fla.
"Rubin is so smart that it sur-
prises me that he never recog-
nized the materiality of the
problems."
Or maybe "the bank didn't
know how severe the problems
would be," Kass said.
Rubin declined to comment
for this article.'
At Citigroup, Rubin has
always been a reluctant chair-
man of the executive commit-
tee and even more resistant to
being a manager. He has said
publicly since he came to Citi-
group in 1999 that he had no
interest in running the bank.
According to people with
knowledge of his duties, Rubin
spent his days meeting with
clients and using his large
Rolodex of contacts to bring in
business or smooth relations
with government and business
leaders. Rubin's other role has
been to serve as Prince's sound-
ing board and advocate and
to help broadly shape the bank's
strategy.
The bank's performance,
however, has come under criti-
cism. Citigroup's stock had bare-
ly budged since Prince took over
in October 2003, but it has
dropped more than 20 percent
in the wake of the losses.
In all of that, Rubin has large-
. ly stayed above the fray. But
while he has never been
engaged in day-to-day decisions
like risk management, he has
been more involved than many
thought. Under Sanford I. Weill,
Rubin served as a sounding
board and a source of a second
opinion. But when Prince took
over, Rubin's advice was sought
less often, according to a per-


son close to the situation who
asked not to be identified. Only
in the last few years did Prince
routinely seek Rubin's advice.
Among Rubin's varied tasks
has been providing guidance on
recruiting top executives.
Prince's decision to pick Gary
L. Crittenden as the finance
chief was widely admired.
Other hires were more con-
trover'.ial. Rubin played a role
in luring Vikramn S. Pandit, a
former Morgan Stanley invest-
ment banker who has taken
over Citigroup's investment
banking unit, said a person
briefed on the situation who
asked not to be identified. But
many have suggested the bank's
purchase of Old Lane Partners,
the hedge fund that Citigroup
bought for about $800 million
in order to g t Pandit andhis
team, was too high a price.
Across the company, senior
executives have questioned
another selection encouraged
by Rubin: Lewis B. Kaden, a
lawyer with no banking opera-
tional experience who was
named chief administrative offi-
cer and vice chairman. He was
recently stripped of that title to
become simply a vice chairman.
Kaden did not return calls for
comment.
Rubin also played a role in
encouraging Prince to take on
more trading risk through the
investment banking unit to be
more competitive with Gold-
man Sachs, according to several
people close to the situation.
But these people said Citi-
group's investment bank was
less equipped to handle big
risks.
Rubin, whose background is
in capital markets, has been
skeptical about whether Citi-
group should continue in both
the domestic retail and credit
card businesses, given their
slower underlying growth
prospects, said a person who has
worked with him and who asked
not to be identified. Prince and
other business heads often
pushed back, saying it was cru-
cial if Citigroup was to remain a
unified company.


Since Monday, Rubin and
Winfried F.W. Bischoff, Citi-
group's interim chief executive,
have been reaching out to senior
managers.
On Tuesday, the two held a
meeting with about two dozen
members of the consumer group
to reassure them about the lead-
ers' commitment to Citigroup's
consumer business.
Rubin said he would help in
domestic operations. In that and
other meetings, the two have
made employee morale and
retention a top priority, includ-
ing making sure top performers
will get sufficient bonuses,
according to a person briefed
on the situation who asked not
to be identified.


b i


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BUSINESS


-A- pa aXan.







THE TRIBUNE


PAGE 16B, THURSDAY, NOVEMBER 8, 2007


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Development & Promotion Award 2007 Winner
Common health Sank "Leader in Personal Banking Services"wins top honour at Industry Excellence Awards Banquet.
To accept the award was Commonwealth Bank's Chairman, Mr. T Baswell Donaldson. CBE.
(L TO R: Wendy C. Warren,BFSB CEO, T Baswell Donaldson, CBE and Hon
Zhivargo S. Laing, M. P Mimister of State for Financel


Mr: Maxwell Jones, Senior Branch Manager,
Nominee for Professional of The Year


Ms. Charmaine Smith, Sr. Accounts Officer,
Nominee for Achiever of the Year


. Annual Idusty Exc ence Financial Services



SPopmerontIon Award 2007 Winne
his prestigious d othve been won without the commitment and

dedlcatlon to service by each of you.
: . , i P. ,


Ii


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