Citation
The Tribune

Material Information

Title:
The Tribune
Uniform Title:
Tribune (Nassau, Bahamas)
Portion of title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
Copyright Date:
2008
Frequency:
Daily, except Sunday
daily
normalized irregular
Language:
English
Physical Description:
v. : ill. ; 58 cm.

Subjects

Genre:
newspaper ( sobekcm )
newspaper ( marcgt )
Spatial Coverage:
Bahamas

Notes

General Note:
Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item.
Resource Identifier:
09994850 ( OCLC )

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Full Text
HAVE A
HAPPY MEAL rm tovin’ it

LOW
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Volume: 104 No.249





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BAHAMAS EDITION

THURSDAY, SEPTEMBER 18, 2008

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BEC to reconnect
cut-off consumers

PM moves. over

those disconnected

who could not pay
high bills in full

m@ By PAULG TURNQUEST
Tribune Staff Reporter
~-pturnquest@tribunemedia.net

PRIME Minister Hubert
. Ingraham yesterday instruct-
ed Bahamas Electricity Cor-
poration to reconnect all resi-
dential consumers whose pow-
er was disconnected because
they could not pay their high
electricity bills in full.

Informing the House of
Assembly that the vast major-
ity of some 5,000 Bahamians
have had their supply discon-
nected even though their out-
standing bills were less than |
$1,000, Prime Minister Ingra-
ham said that this practice was
“not 2cceptable.”

“Such a state of affairs
demands a response from a
caring government; a response
that will bring relief to more
than 5,000 families and help
them through a difficult eco-
nomic situation; a response
that will allow more time for

_ the implementation of medi-
um and long-term strategies
that are being devised to
improve energy conservation
and eventually to bring about
sustained reductions in the cost
of electricity,” he said.

In addition to reconnections,



BEC was instructed to allow
residential consumers to enter
into agreements with the com-
pany to pay 25 per.cent of their
outstanding bill by October 10
— and the remainder over a
two-year period.

As it relates to subsequent
electricity bills, the prime min-
ister said that residential con-
sumers will be required to keep
all future payments current.

Non contributory old age
pensioners who are unable to

pay their electricity arrears
‘under the terms outlined can

go to the Department of Social
Services to be assessed for any

appropriate financial assistance

that can be given them.
Additionally, unemployed
heads of households with chil-
dren are permitted to report
to the Department of Social
Services so that their circum-
stances can be investigated and
a decision made as to what
assistance may be given to
them, Mr Ingraham said.
Government will also direct
BEC to limit until December
31, 2008 the surcharge on elec-
tricity billings to a maximum
of 15 cents per kilowatt hour
on billings that utilise 800 kilo-

SEE page nine







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youd wie’ ve

| as

ONE OF 13 former hotel workers of the Wyndham Nassau
Hotel holds a placard during a protest in Rawson Square yes-
terday. The protesters were seeking to raise awareness about
their termination and what they say was “misrepresentation”

by their union.
e SEE PAGE THREE FOR FULL STORY

Rudy King is
charged with three
counts of deceit of

a public officer

’ BUSINESSMAN Rudy King
appeared in a Magistrate’s court
yesterday, charged with three
counts of deceit of a public offi-
cer.

According to court dockets, it
is alleged that on March 27 at
the Cable Beach Police Station,
King, 39, of West Bay Street,
tried to deceive police Corporal
803 Braynen with intent to
evade the requirements of the
law.

It is also alleged that on

SEE page nine

Mario Miller’s
bloodstained
shirts placed in
evidence at trial

@ By NATARIO
McKENZIE

TWO torn, blood stained

shirts that belonged to
murder victim Mario Miller
were among. several
exhibits placed in evidence
yesterday as a police foren-
sic biologist testified at the
murder trial.

The prosecution called
Detective Inspector Rachel
Deleveaux, a forensic biol-

SEE page eight

- will leave for the

Tim Clarke/Tribune staff

PM heads to

US for tall



on future of



@ By KARIN
HERIG
Tribune Staff
Reporter
kherig@
tribunemedia.net

PRIME Minister
Hubert Ingraham
announced that he

United States today
to meet with repre-
sentatives of Morton
International’s' home office to
discuss the company’s ‘future
plans regarding its Inagua plant.
This comes after concerns
were raised that the island’s
main employer, Morton Salt,
which suffered heavy damage
during Hurricane Ike, may close
its operations in Inagua, leav-
ing the small community eco-
nomically devastated.
Speaking with The Tribune
from Philadelphia yesterday,
George
spokesman for Morton’s parent
company Rohm and Haas, said
that, although he has not yet

been briefed about a visit from —

the prime minister, it will be
“most welcome.”

“We are still in the process
of assessing the full extent of
the (damage) and will then

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Fast Street (Gout of Andes ni,
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Bochanski, a~

BIMINI RESIDENTS PROTEST
AT BEC OFFICE OVER FUEL
SURCHARGE FEES.

PM COMMENDS THOSE ENGAGED
IN HURRICANE RELIEF

oe



ng
‘would be very 1
ful. ;
“Any advice, any
information, any
counsel he or one\of
his departments can
.give us would be
great. We do this at
all.our other sites,
we find that when
we work hand-in-
hand with people, things work
out much better,” he said.
Mr Bochanski added that the

- company’s CEO is currently on

his way back to the Bahamas
to meet with officials in Inagua.
- Concerns about Inagua’s
future were heightened last
week after Mr Bochanski said
that while it is Morton Interna-
tional’s present intention to
restore its Inagua salt plant to
fully operational status, it “can-
not say with one hundred per
cent certainty” that it will keep
operating there if in the com-
ing weeks it “finds out that it’s
not practical.”

Prime Minister Ingraham said
yesterday in the House of

Assembly that he is scheduled

SEE page nine

e PAGE THREE

e PAGE FIVE

° PAGE SEVEN





PAGE 2, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



AN American couple who live
in the Bahamas say they are
embarrassed and angry at the US
government after their efforts to
send hurricane relief aid to Cuba
were frustrated.

Bill.Herrington and Leslie
Fouse, the sole inhabitants of
Manjack Cay in the Abacos, said
they want to apologise to the

. Mr Herrington said. “Now we are

LOCAL NEWS

against the power of nature and
we have much compassion for
anyone who goes through that,”

experiencing the helpless feeling
of knowing that our country is
wrong and we can do even less
about that.”

He explained that after Hurri-
cane Ike hit Cuba, he learned that

AMERICAN COUPLE FURIOUS OVER CURBS ON HURRICANE RELIEF TO CARIBBEAN ISLAND

‘US stopped us helping Cuba’s Ike victims’

major, back-to-back, hurricanes.
That was several thousand ver-
sus four. All Cuba needs and
wants from the US is an end to
this near half century of inhu-
mane economic warfare they call
an ‘embargo’.”
Mr Herrington called for the
US government to allow Ameri-
_ can companies to conduct nor-

a bank account had been opened
in Nassau to accept donations for
hurricane relief.

Mr Herrington said he con-
tacted his bank in Florida, but

_ was told that it was illegal for an
American citizen to send money
to Cuba for any reason.

This, he said, added “to a very
long list of disappointments I
have with my country” regarding
its treatment of its Caribbean
neighbour. “All we wanted to do
was send some money to help the
Cuban people who were devas-
tated by the hurricanes,” he said.
“We are US citizens and our
country would not allow that. We
do have the internet though and
I'm able to discern the true story

Cuban people for their govern-
ment’s behaviour.

“We experienced a Category 5
hurricane — Floyd — on this island
so we know the helpless feeling







b> BA CASITA



The Art of Island Living


















of the US.”
In the last month, Cuba has
been ravaged’ by two major hur-

week apart.

Hurricane Gustav, with 240
kmph winds, brought heavy rains,
knocked out power lines and

. completely destroyed hundreds
of buildings.
Then came Hurricane Ike,

about Cuba from sources outside

‘ricanes, which arrived only a.



A CAR SITS ini rubble after Hailes Ike hit the area in Holguin,
Cuba, on Monday, September 8.

which wiped out more than 4,000
tons of food in storage and

- 135,000 tons of fruit. The Cuban

government said the two storms

' did $5 billion worth of damage

and destroyed hundreds of thou-
sands of homes. The Cubans have
asked Washington to ease the
embargo to allow American com-
panies to sell food and other sup-
plies to them.

Mr Herrington «said that

“although the US has offered aid

to Cuba in the wake of the
storms, the offer is political rather
than humanitarian in nature.
_“T've read the details of their
so-called offer of assistance and

the world should know that it is
anything but a genuine offer of
help to those in need.

* “The US didn't offer funds —

they offered to allow private

funds to be sent, but only if
accompanied by their team of dis-
aster assessment specialists. I
believe what President Castro
said in his statement of refusal to
the offer. Cuba has no shortage of

well trained experts in the field of -

disaster preparedness and-assess-
ment.

“That should be obvious if one
compares the loss of human life
that the US experienced in Kat-

_ Tina with Cuba's loss in two

mal business with Cuba, including
selling food and medical supplies,
without political interference.

“Let good caring American cit- |
izens who want to help a neigh-
bour send money and goods with-
out restrictions. In fact why
shouldn't caring ‘free’ Americans
be allowed to get on a plane and
fly to Cuba to offer physical help?

“Why doesn't ‘Democratic’
America abide by a UN vote of
183 to three to end the ‘embar-
go’? And that vote has been more
or less the same every year for
16 years,” he added.

“Does anyone outside of
Washington/Miami really believe
that Cuba is a threat to America
or the Caribbean region? Or that
Communism is the excuse? After
all, American homes are full of

‘things produced in a Communist

China and sold through Wal-
Mart. And Americans can fly
direct to Communist Vietnam
and eat at Burger King.”

. Mr Herrington went on to ask
if what Washington terms Cuban
“political prisoners” are any dif-
ferent from American detainees
at Guantanamo Bay.


























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B By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemédia.net

THE creation of a Competition Commission
would benefit the local business sector by
breaking up the cartels and monopolies con-
trolling a number of areas and further mod-
ernise the economy, members of the business
community said yesterday.

The commission is a requirement of the
Bahamas signing onto the Economic Partner-
ship Agreement (EPA) with the European
Union (EU) and has to come on stream by
2013. Members of the Chamber of Commerce
agree the establishment of such a body is inte-

‘gral to the Bahamas! economic advancement

with or without the EPA.

"Anything that allows the Bahamian econ-
omy to become a little bit more transparent, I
think is good in the long-term," Chamber of
Commerce president Dionisio D'Auguilar told
The Tribune. "There are complaints that cer-

















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Competition Commission ‘would orn business sector’

tain sectors of our economy are controlled by
monopolies — take alcohol, gasoline, banks —
they're controlled by cartels or-very few com-
panies control these sectors of the economy; so
I think that it's good.

He said some are fearful the agreement
would allow foreigners to "take over" certain

economic sectors but he is hopeful there will '

be safeguards in place to protect Bahamian
companies. "There are sectors of our economy

that are controlled by foreign companies now °

and we need competition in these areas, but I
would say Bahamian competition. You don't
want our economy to be butchered and dey-
astated by the inflow of foreign companies
that just marginalise Bahamian companies and
put them out of business. .. But you do want to
create competition.

Trade economist and consultant Chamber of
Commerce Frank Ferguson said competition
policy will prevent monopolies from. taking
advantage of some of the smaller businesses. In
order to fully mordernise our economy, Mr

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Ferguson said a standards bureau (another
requirement of EPA) and greater transparency
in government are needed.

A standards bureau would regulate the qual-
ity of goods imported into the country.

"A competition committee is the equiva-
lent of anti-trust legislation that you have in
the United States. Any country that is seri-
ously thinking about facilitating business for
both its citizens and for persons entering the
country would consider some rules governing
monopolies and other large bodies that may
want to take advantage of its market size.

"So it is a good thing, but the chamber's
position is that with or without (the EPA) the

idea of establishing a competition policy is

good for the Bahamas," he said.

The committee will be an independent body
set up as a recourse for Europeans doing busi-
ness locally to air any complaints about unfair
business practices. It would also quash agree-
ments that narrow trade of goods to monopo-
lies or a cartel (a small group).














THE TRIBUNE

THURSDAY, SEPTEMBER 13, 2008, PAGE 3



BEC official:

oil market to
blame for high
fuel surcharges

Wl By CHESTER
ROBARDS

Tribune Staff Reporter

THE global oil market is
to blame for the notoriously
high fuel surcharges over
the past month, a senior
BEC official said.

Speaking before Prime
Minister Ingraham capped
surcharge prices at 15 cents
per kilowatt-hour (KWH)
yesterday (see lead story,
page one), the Bahamas
Electricity Corporation’s
general manager Kevin Bas-
den said that because oil
prices on the global market
iluctuate — sometimes to
alarming highs — so have
BEC’s surcharges.

“If the price of oil goes up
when we would have
bought it, then the fuel sur-
charge goes up; when the
price goes down based on
our purchases then the fuel
surcharge goes down,” said
Mr Basden. “So when you
see the price of oil go down
today, it does not mean that
the oil we have in our tanks
now would be at that price
because we’ve already pur-
chased it at the higher
price.”

This explanation followed
widespread outrage over
high electricity bills. Some
residents decided to post an
online petition, hoping
thousands of signatures
would convince BEC to
reduce its surcharge.

Until Mr Ingraham’s
announcement yesterday,
BEC’s surcharge stood at
23.3 cents per KWH. In
March it was 16.49 cents.

According to Mr Basden,
the corporation purchases
its fuel from a company that
wins a Bahamas govern-
ment bid posted locally and
internationally about every
three years.

That company then pro-
vides all of the oil during
that contractual period.
BEC’s current supplier is
Shell and Sun Oil.

“We try to gel the best
price for oil for the corpora-
tion and for the customers
$0 we do competitive bid-
ding international and local-
ly,” said Mr Basden. “We
go with the best rate for our
customer.” .

Mr Basden said BEC pur-
chases hundreds of thou-
sands of gallons about every
4-8 weeks — sometimes.even
more frequently. And in the
current global market, oil
prices can increase even -
quicker.

“If we were to purchase
oil today the price would be
based on the international
market,” he said. “When
the oil is loaded on the ship |
market price 1s paid for the
oil.”

Subsequently, shipping
and piping charges are
incurred.

Natural disasters such as
hurricanes and carihquakes
can cause off orices to
increase quickly, and the
ability of OPEC to foresee
impending regional instabil-
ity has been known to cause
price spikes.

War and instability, par-
ticularly in or around large
oil producing countries, can
also have a significant
effect.

Countries such as the US
keep their fuel surcharges
low by offering alternative
methods for power includ-
ing natural gas, coal and
nuclear power

According to Florida
Power and Light's website,
only eight percent of it’s
power is produced using oil,
also greatly reducing its car-
bon footprint and impact on
the environment.

BEC is exploring alterna-
tive, renewable sources of
energy that should lower
consumer spending, State
Minister for Public Utilities
Phenton Neymour said.

Mr Basdei added: “We
sympathise with what's
going on with all of our cus-
tomers because we are cus-
tomers too, we are also
impacted by the high price
of oil, but we do whatever
we can do to minimise the -
cost to customers — we
make no profit off of high
oil prices.”

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Bimini residents protest at BEC
office over fuel surcharge fees

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

SCORES of Bimini residents
"hit hard" by electricity bills
protested outside a BEC office
yesterday morning against “exor-
bitant” fuel surcharge fees.

According to witnesses on the
small island, nearly 100 persons
flocked to an empty lot outside
the government building around
11am waving placards to protest

costly fuel surcharges, which some

claim are crippling businesses on
the island. Bimini police were on
hand at the protest which, from
all accounts, remained "peace-
ful".

Owner of the Bimini Breeze

| ye ALLEL

hotel workers
stage protest in
Rawson Square

THIRTEEN former
hotel workers of the Wyn-
dham Nassau Hotel
protested in Rawson
Square yesterday seeking
to raise awareness about
their termination and what
they say was “misrepresen-
tation” by their union.

Leading the protest, was
Thomas Bastian, who said
that the fired workers are
owed’some $40,000 for
their services at Wyndham
over the years.

He said that they will
continue to take a stand
until the issue is resolved.

“We will pursue this to
the end!” Mr Bastian said.

Last month, 43 workers
from various departments
of the Cable Beach hotel
were let go. Some of them
had employed for more
than 25 years.

These persons received a
Jump sum of more than
$5,000 in redundancy pay-
ments.

Their attorney Obie Fer-
guson has filed writs in the
Supreme Court on behalf.
of 17 former workers who
are seeking money they
feel is owed them by the
-company.

In an earlier statement,
‘Baha Mar executive |
Robert Sands expressed

regret that the hotel had to
go through a process of

“employee separation”,
but said that because of the
economic climate, the com-
pany had to take some
actions that would put the
business on a “financial
footing that will work to
help us remain a viable
financial operation in the
future”,

Some of the protesters
said that if Baha Mar is in
a position to hire more
workers in the future, the
company should consider
them before any new appli-
cants.

Restaurant William 'Yama
Bahama’ Butler, who was at the
protest, told The Tribune the gov-
ernment should shoulder the
hefty surcharge and ease the bur-
den on consumers.

"Everyone who was there, they
speak their mind and they're say-
ing it's almost impossible for the
light bill to jump from one price
to the next. Like my light bill
jumped from $500 to $1,100 and
then they have some home own-
ers who had $1,100 bills. We want
BEC to send someone from Nas-
sau to come down and see what
what's going on.

"Tue surcharge is almost more
than the units (of electricity) we
use. We want to find out why
the light bill have to be so






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high," he said.

Residents are also fuming over
the fact that they must pay their
electricity bills in one lump sum
or face disconnection. Partial bill
payments have not been accept-
ed, they said.

"T got $1,100 to pay and I have
to pay that by Friday. Everybody
in Bimini have to pay their bill in
full or else they ga' cut your line,"
Mr Butler said.

Yesterday, Prime Minister

Hubert Ingraham announced that
BEC’s policy is going to change
however, and that the fuel sur-
charge would be capped Gee lead
story, page 1).

Trevor Robert's, 44, owns a
grocery store, laundromat and a
dry cleaning business on the





Tim Clarke/Tribune staff

















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In the wintertime we paid like
$2,000. In the summertime, like
last year this time we use to pay
like $4,000 and change and now it
up to $10,000.”

He is afraid if the surcharge
keeps climbing, he may not be
able to keep the doors of his busi-
nesses open. "You know what it is
to come up with 20-something-
thousand in two months just to
cover them light bills?"

island. The inarried father-of-five
said his combined business and
household electricity fees now
total $10,000. He took part in the
protest and would like to see the
government eliminate the fuel
surcharge from consumers' bills.

"Right now the light bills here
is killing us. The light bills are
extra high -they like doubling
what we used to paying. It's real-
ly rough trying to meet these bills.

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Telephone: (242) 362-6654/6

Bayparl Building, Parliament Street
Telephone: (242) 323-8240 © Fax; (242) 326-9953
- P.O. Box N-121, Nassau, N. P., Bahamas
e-mail: info@colesofnassau.com



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RAGE 4, THURSDAY, SEPTEMBER 18, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited



NULLIUS ADDICTUS JURARE JN VERBA MAGISTRI





Being Bound to.Swear to The Dogmas of No Master
LEON E. H. DUPUCH, Publisher/Editor 1903-1914

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

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

EILEEN DUPUCH CARRON, ©.M.G., M.S., B.A., LL.B.

Published Daily Monday to Saturday

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

TELEPHONES

‘Publisher/Editor 1972- -

"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

FOR THE past several days we have been
writing about Inagua, but in one of our articles
we erroneously wrote that the Erickson family
of Massachusetts were the ones who started
the salt industry on that island. It was an obvi-
ous error, and we should have known better.

However, we are grateful to Sir Arthur
Foulkes, a native of Inagua, who took the time
to draw the error to our attention and spend a
little time reminiscing with us. .

“The salt industry in Inagua,” says Sir
Arthur, “goes back to the mid-19th century.
By 1848 Inagua:had become the biggest salt

producer after the decline of the industry in -

Turks and Caicos. That and the stevedoring
business brought great wealth to the island.
“By the 1930s the industry had collapsed
.because of American taxes. Inagua was in bad
shape. One woman and her five children,
according to Gail Saunders, had to live off crabs,
top heart (hearts of palm) and prickly pear.
“My grand uncle, Arthur Symonette,” said
Sir Arthur, “was the last Bahamian (I suspect he
had a Bermuda connection) to operate the salt
industry before the Ericksons came in 1936.”
The late Dr Paul Albury in his “Story of the
Bahamas” tells how Turks Island, at first part of
the Bahamas, later came under the jurisdiction
of Jamaica. The Bermudians, Dr Albury wrote,
were the first people to take an interest in this

area. As early as 1668 they.started raking saltin.,
the Turks. “This product,” said Dr Albury,

“became the most important commodity of
their trade, and it was looked upon as being
vital to the economic welfare of Bermuda.”

Because Bermudians were the first to settle
and establish an industry there, it laid claim to
the Turks. Bermuda maintained that the
‘Bahamas did not need the Turks because it had
many other islands in its archipelago on which
to cultivate salt. After more than a century of
wrangling, said Dr Albury, Britain decided in
1803 in favour of the Bahamas. Turks Island
was confirmed as part of our island chain. The

Turks resented this and refused to senga mem- |

ber to the House of Assembly in Nassau. After
much agitation from the Turks, whose people
were angered because one fourth of the
Bahamas government’s revenue came from tax-
ing their salt, with little going back to the Turks,
_Britain agreed in 1848 to a sepdration. The
Turks with its neighbouring Caicos Islands were
put under a local President and Council, respon-
sible to the Governor of Jamaica.

Inagua was an island of boom and bust.
Margery Erickson, wife of the late Jim Erickson,
who was the member of the three-brother fam-
ily, who got his whole family, including his par-

TOIT FOR THE WEEK

“The Lord May Not Take The

Freeport fax: (242) 352-9348

‘The ups and downs of Inagua



ents, interested in resurrecting Inagua’s. salt
industry, wrote an interesting book — Great
Inagua— on their years on an island that scon
became their much loved home.

She talked of how Inagua’s salt industry col-
lapsed because of how low the price of salt fell
after the First World War. “Salt company after
salt company went broke overnight, natives lost

- their jobs and their families suffered severely in

consequence. The pans fell into disuse — walls
crumbled, canals became clogged with debris.”
This was the island that the Ericksons rebuilt
until they could no longer’ continue and-sold
out to Morton Salt.

“Before the panic on Inagua,” wrote Mrs
Erickson, “landowners had led a:luxuri6us life
there. Brougham and hansoms pulled by match-
ing pairs of horses had rolled over the broad
roadways of Mathew Town and balls were giv-
en by moonlight; wines from Spain and France
filled the cellars of the well-to-do'‘and one resi-
dent had a piano swung ashcre from a clipper
ship. The ladies wore silks and taffetas from
Paris and lace from Brussels, while the men
had a crack polo team and played matches on
the Parade Ground.”

Inagua was at one time the port of call for the
Hamburg-American and Royal Netherlands
Lines, which used to stop at Mathew Town to
pick up stevedores to work contract labour on
the Panama Canal, the Mexican Railways and
the mahogany industries of Central America:
The late Sir Etienne Dupuch, who represented
Inagua for many years, often talked of taking a

‘Dutch.ship from New York with his bride, to
‘contest an election in Inagua.

He also talked of the aays when a few rich
merchants who were still ou the island traded in
gold bars, which they kept in a trunk under

their shop’s counter. A Mr Richardson, the ©
father of the late Cyril Richardson, who worked |

on The Tribune staff for nar: vears, was one of
those merchants. But in the end ail the people of

Inagua had leit were the Erickson family and |

the salt pans. And then came the eighties — the
drug years. Reports reaching The Tribune at
that time talked of an Inagua rich in US$100
bills, but poor in change. We were told of those

- who flashed their American $100 bills, but found

it difficult to spend the money locally, because
they could get no change.

Inagua has indeed had an interesting history
— rags to riches, then back to rags. Prime Min-

’ ister Ingraham has now flown to the US to meet

with Morton Salt officials to try to convince
them to return to Inagua. If the long suffering
company refuses, then Inagua is once again on
its downward spiral.























Hosting of

arifesta XI

may benefit
us greatly

EDITOR, The Tribune.

THE Caribbean Festival ot
the. Arts (CARIFESTA) is a
major convention of the
Caribbean creative communi-
ty which presently takes place
every two years.

There have been ten.such
gatherings since 1972, and the
eleventh is scheduled to be

held in Nassau in August of.

2010. The tenth meeting, held

in Guyana, where the first '

meeting was held in 1972, saw
some 3500 participants from
29 countries, hosted in 40 loca-
tions in and around George-
town, Guyana’s capitol city.

The scale of the event pro-
jected for the Bahamas, both
in number of participants and
in countries represented, is
expected to be larger.

This is the third time the
Bahamas has been invited to

host the event. Concerns for

the difficulty finding accom-
modations and venues, and for
our ability to mount the logis-
tical arrangements may have
been reasons for our reluc-
tance in the first two instances,
however we have been given
another opportunity to “show
off” in 2010.

Two countries, Guyana and’

Trinidad, have hosted twice,
and. the Bahamas is expected

to provide an expert.example,
because of its standing in the

tourism world.
What is surprising, however,
is the lack ‘of apparent

urgency, both by the public -

and the private sector, in con-

nection with this enormous |

event. While the effort to host
Carifesta will be great, there
appears.to be little apprecia-
tion for the benefits of bring-

. ing this type of event to our

shores. Here, for the record,
are a few:

EXPOSURE

As the Bahamas develops, a
strong and vibrant group of
creative young people look for
ways to stretch. The number
one way for an artist to devel-
op is exposure to other artists
and the mentoring that results
from such encounters. This
event brings the best creative

minds in the region to Nas-

DON STAINTON

°




LETTERS

letters@triounemedia.net





sau, to make them accessible

to young Bahamians in per-
formances, exhibitions, sym-
posia and workshops. It also
makes global leaders in the
arts locally visible and acces-
sible for the 10-day period.

LOCAL BUSINESS

The business opportunities
created by this type of event
are almost infinité. For exam-
ple, there will be the need for

production services, venue

rental and management. hotel,
motel and guest house roorns,
catering and restaurant ser-
vices, the manufacture and
distribution of logo products,
the production of special sig-
nage and other forms of pub-
lic information devices, vari-

~-ous forms of transportation,

the creation and running of
tours and a wide range of day-
time and nighttime entertain-
ment.

Caricom, which owns Car-
ifesta, has mandated that the
host country make the festi-
val economically independent
through the use of private sec-
tor contracts, licenses and con-
cessions. That means a lot of
business over that short period
of time’

TOURISM —- ~~.

African Diaspora-inspired
festivals have been the largest
produceis of festival travellers
globally in recent years. Of

course the best known are the -

Carnivals of Trinidad and Rio,

and Mardi Gras, but festivals -

in Brooklyn, New York,
Caribana in Toronto, Canada
and Nottinghill near London
in England (which gets over
a million people over a week-
end) are also very popular.

It is the intention of Cari-
com that Carifesta becomes
branded as the largest travel-
ling festival on the planet.

The opportunity to gener-
ate significant traffic from the
Caribbean, North America
and Europe would require
urgent action, but could have
very significant and beneficial

results. In any case, Carifesta



THE

TIE

XJ in Nassau would be almost
the equivalent of a Superbowl
in its potential for generating

_ tourism business to Nassau.

INFRASTRUCTURE

The Bahamas is one of the
richest countries in the.
Caribbean, yet our facilities
for the presentation of our cul-
ture is sadly lacking, even in
comparison with some of our
poorest neighbors.

Our National Cultural
groups meet and practice in
makeshift accommodations,
and there is no major training
facility for the sustained devel-
opment of our youth. Prepa-
ration for Carifesta XI offers a
perfect- opportunity to begin .
a programme of infrastructure
development that would cre-
ate facilities to fill that void,
and would lead to the stronger
presence of our culture in our
visitor experience. .

It should be noted that
Guyana, a monetarily poorer
country than the Bahamas,
was able to mount Caritesta
X in a year largely because
they already had a fully-
equipped 1900-seat theatre, a
state-of-the-art Conference

Centre, a.20,000 seat stadium,—--
’ a number of smaller theatres

and a multitude of museums .
and galleries.

Obviously, we are out of
time for the creation of much .
of what would have been pos-

- sible, but there is still time to

salvage the opportunity to
strengthen our infrastructure.

This is not an exhaustive list
of benefits, but it does suggest
that the hosting of Carifesta
XI could benefit us greatly,
both developmentally and
economically.

Unfortunately. as noted
above, the clock is ticking
loudly, and those opportuni-
ties are evaporating like a pool
of alcohol.

While there may well be
plans afoot behind closed
doors, unless the effort moves
into the light of private sector
involvement, it will soon be
too late to derive any of those
benefits at all.

PAT RAHMING
Nassau,
September 16, 2008.

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THE TRIBUNE

THURSDAY, SEPTEMBER 118, 2008, PAGE 5:



© In brief



PHA has
‘updated
information
network’

- THE Public Hospital
Authority said it has success-
fully updated its information
network to allow all its facili-
ties to operate under one
coherent system.

The update has paved the
way for direct access to patient
records between three hospi-
tals — the Princess Margaret
Hospital, the Sandilands Reha-
bilitation Centre and the Rand
Memorial Hospital in Grand
Bahama. They are-now all
linked under one network.

In a press release, the
administration of PHA
expressed the organisation’s
“sincerest thanks” to patrons
during the recent upgrade.

Authorities explained that
the ability of medical personnel
to retrieve patients’ medical
records regardless of what hos-

‘ pital they are in or island they
are on, will allow for “the best -
possible treatment.”

Bahamas Christian
Council donates to
Inagua hurricane
Pelief effort —

THE Bahamas Christ-
ian Council pledged
$10,000 to the Hurricane
Ike relief effort, to assist
in rebuilding the commu- -
nity of Mathew Town,
Inaguaf.

The BCC also pledged
$10,000 worth of materials
to assist residents in
rebuilding their proper-
ties, damaged when the
category four storm struck
the island on Septembtr 7.

Commander Stephen
Russell, director of the
National Emergency Man-
agement Agency
(NEMA) accepted the
cheque during a presenta-
tion at the NEMA office
in the Churchill Building,
downtown Nassau.







Hubert Ingraham

PM commends those engaged in hurricane reliet

@ By CHESTER ROBARDS
Tribune Staff Reporter

PRIME Minister Hubert Ingraham
took a moment yesterday during his
contribution to the House of Assem-
bly to commend all agencies and indi-
viduals who were engaged in relief
efforts following Hurricane Ike.

The category four storm wreaked
havoc on the southern islands of the
archipelago and the Turks and Caicos.

“T take this opportunity to recog-
nise and commend NEMA, the Hur-
ricane Preparedness Committees
throughout our Family Islands and
the many men and women who serve
in Local Government administration
and in elected local government office

around our country,” said the prime
minister.

Mr Ingraham also recognised the
preparation efforts of those in author-
ity on the islands that were to be
affected by the impending storm.

“T had the occasion to speak with
the majority of Family Island admin-
istrators and chief councillors in the
hours leading up to the arrival of Hur-
ricane Ike in our waters. I was fully
satisfied by their state of readiness
for the hurricane. The level of lead-
ership displayed by all was com-
mendable and in no small measure is
responsible, I believe, for the safety
and well-being of our citizens during
and after the passage of the storm,” he
said.

“T also recognise the dedicated ser-
vice of the public health personnel,
very particularly nurses, who were
required to remain en duty and to
man community clinics throughout
the storm. The clinic in Mathew Town
was open and the nurse was on duty in
Inagua beginning immediately after
the passage of the storm.”

The United States also received
high praise from Mr Ingraham for the
consistency of their relief efforts.

“T want to take this opportunity to

record the thanks and appreciation

of the government and people of the

- Bahamas to the Untied States of

America which, as has long been their
practice, extended immediate emer-
gency assistance to us notwithstanding

their own concern with the arrival of
Hurricane Ike on US shorts.

“It would be difficult to overstate
the goodwill and assistance of the
American government and its peo-
ple toward us in times of crisis,” he
said.

The prime minister was able to vis-
it islands affect by the storm through
the use of a US aircraft. He surveyed
hurricane wrecked areas of Inagua,
Grand Turk and South Caicos aboard
a US Coast Guard helicopter.

According to Mr Ingraham,
NEMA has received a large number
of donations for Inagua and has a
donation account of $524,197.26 inclu-

' sive of those received in relation to

Hurricane Ike.

{

beautiful
ttle

POO Oi OO CUCL LCC eR kL

NEMA will assist ‘at a minimum’ with
Materials needed for hurricane repairs

PRIME Minister Hubert Ingra-:

ham revealed in the House of
Assembly yesterday that as the
majority of Inaguans did not have
hurricane insurance when Ike
struck, NEMA will be assisting

“at a minimum” with construc-

tion materials needed for repairs
to more than 249 damaged
homes.

Stating that the Department.of
Social Services has completed

-. assessments on all homes in

Inagua that had been damaged,
he said that: 201 homes have

- major damage, 42 minor damage,

two extensive damage, and four
were completely destroyed.

“Tt will be appreciated,” Mr
Ingraham said, “that the devas-
tation of Hurricane Ike exacer-
bated the plight of the poor, the
elderly and other less fortunate
Bahamians.

“For the purpose of accessing
hurricane reconstruction relief,
NEMA will adopt the established
criteria ‘used to determine eligi-
bility under existing community
assistance programmes for the
elderly, the disabled, and for low-
income and or indigent individu-
als,” he said.

To access these benefits, per-
sons must either have been
Bahamian citizens living in the
country in an owner-occupied

-home during the hurricane; or be

old age pensioners, disabled per-
sons, or indigent persons who are
receiving old age non-contribu-
tory pensions or invalidity assis-
tance from the National Insur-
ance Board, or Disability.
Allowance from the Department

of Social Services and have insuf- —

ficient funds to make necessary
repairs themselves.

“Mr Speaker, it has long been
recognised that many individuals
who do not meet the criteria for



government assistance through
the Department of Social Ser-
vices, or who did not meet the
criteria for assistance from the
National Donations Account,
might still require assistance in
effecting repairs to their busi-
nesses and/or residences damaged
by the hurricane.
“Notwithstanding the settle-
ment of insurance claims, many
individuals receiving those ben-
efits also required additional
funding to effect complete repairs

‘to their residences and or busi-
‘nesses. For example, some per-

sons impacted by Ike may not
qualify for home-owners and or
business loans from commercial
banks.

“Such individuals will have

access to assistance as provided

for under the Emergency Relief
Government Loan Guarantee
Act which was assented to on
November 15, 1999. Under this
programme, applicants. who
would not ordinarily qualify for a
bank loan to facilitate hurricane
damage repairs to their residences:
or businesses (including agricul-

. tural and or fisheries enterpris-
es) are able to access funding

under a government guarantee,”
he said.

SIUC ay

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PAGE 6, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



The GB Power Company
announces bills increase

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

FREEPORT - Despite
recent power outages and
island-wide black-outs, the
Grand Bahama Power Com-
pany (GBPC) announced an
increase in customers’ bills
this month.

GBPC executives said that
an increase of over six cents
in fuel surcharge is being
billed to customers.

According to officials, the
fuel surcharge customers
receive on their September
bill reflects the price of oil
which was purchased in early
July.

The company’s oil supply
is obtained through an annu-
al bidding process that is
based on world prices.

The company maintains a
30-day fuel inventory to
ensure that an adequate sup-
ply is available to service the
island.

Grand Bahama residents

PROSPECTUS

have raised concerns about
the high cost of electricity on
the island.

This latest increase is the
second for Grand Bahamians
this year.

A $5 increase was intro-
duced to customers during
the first quarter of 2008. In
2006, the company also
increased its rates.

Despite the increases, the
company maintains that it has
one of the lowest electricity
rates in the Caribbean.

GBPC serves some 50,000
residents and commercial
establishments on the island.

It employs over 200 Bahami-

ans.

On Monday, Grand
Bahama experienced an
island-wide blackout which
left some residents without
power for 10 hours.

The black-out followed a
shutdown of GBPC’s main
generation plant.

Power Company Officials
initiated the shutdown
around 2pm as a result of an
equipment failure on its

69KV line.

A spokesman for the com- }
pany said “the shutdown was :
a precautionary method to:
safeguard the assets of:
the generating units at the:

plant.”

recent weeks.

Company officials report-
ed that the restoration:
process on Monday began at :

2.40pm on a priority basis.

“Power was restored to 70 :
per cent of the customers by }
5pm, with the majority of the :
island returning to service by :
7pm and all power was:
returned by 12.35am this:

morning (Tuesday).”

“The GBPC apologises for
the inconvenience caused to:
the Grand Bahama public, :
but would like to assure them :.
that the plant shutdown mea- :
sures are in place to prevent :
costly damage to the genera- :
tors, and are in keeping with :

industry standards.”

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS
BAHAMAS REGISTERED STOCK 2028, 2029, 2030, 2031, 2032 and 2033

ISSUE OF B$100,000, 000.00

Issued under The Bahamas Registered Stock Act, and authorized aly Resolutions of the House of Assembly,

12th June, 2008.

Applications will be received by The Banking Department beginning at 9:30 am on 8th September, 2008
and will close at 3:00pm on 18th September, 2008. Allocations will commence at 9:30 a.m. on 19th September,
2008 and will cease at 3:00p.m. on 22nd September, 2008.

If the total subscriptions exceed the sum of B$100,000,000.00 (Nominal) partial allotment will be made to

subscribers, and a proportionate refund will be made as soon as possible after allotment.

paid on amounts so refunded.

No interest will be

The date of this Prospectus is 3rd September, 2008

The Government of The Commonwealth of The Bahamas invites applications for Bahamas Registered
Stock totalling B$100,000,000.00. The Stock will be available. in a range of maturity dates; the earliest being
repayable in 2028 and the latest in 2033. The total amount of Stock offered, the rate of interest and net issue

price are given below :-



The power outage affected }
residents throughout Grand :
Bahama, which has experi- :
enced several black-outs in :



Rate of Interest
9/32% Above Prime Rate
5/16% Above Prime Rate
11/32% Above Prime Rate

3/8% Above Prime Rate
13/32% Above Prime Rate
7/16% Above Prime Rate

Name of Stock
Bahamas Registered Stock 2028
Bahamas Registered Stock 2029
Bahamas Registered Stock 2030
Bahamas Registered Stock 2031
Bahamas Registered Stock 2032
Bahamas Registered Stock 2033

Issue

Amount BS Price BS
10,000,000.00 100.00
15,000,000.00 100.00
15,000,000.00 100.00
20,000,000.00 100.00
20,000,000.00 100.00
20,000,000.00 100.00

100,000,000.00

The Stock shall be repaid on 22nd September, in the year appearing in the name of the Stock.

INTEREST

’ The Stock will bear interest from 22nd September, 2008, at the rate shown against the name of the Stock as
the percent per annum over the Prime Rate (i.e. the prime commercial interest rate from time to time fixed by
the Clearing banks carrying on business in the Island of New Providence in The Bahamas. If there shall be any
difference between them, then’that which is fixed by Royal Bank of Canada). Interest shall be payable half-
yearly commencing on 22nd March, 2009 and thereafter on 22nd September and 22nd March in every year until

the Stock is repaid. °

CHARGE UPON CONSOLIDATED FUND

The principal monies and interest represented by the Stock are charged appa and payable ‘out of the
Consolidated Fund and assets of The Commonwealth of The Bahamas.

\

Issue of Stock

SUPPLEMENTARY PROVISIONS

The Stock will be issued by ‘the Registrar (The Cantal Bank of The Bahamas).
Applications will be r
September, 2008 and

y The B






at 9:30 am on 8th
;. Allocations will

commence at 9:30 a.m..on 19th September, 2008 and will cease at 3:00p.m. on 22
September, 2008. All envelopes enclosing applications should be labelled “Application
For Bah amas Government Registered Stocks”.

Units



Applications

_ The Stock will be in units of B$100.00.

Applications must be for B$100.00 or a multiple of that sum.

Application Forms Applications for the Stock should be made to the Registrar on the form attached to the
Prospectus and may be obtained from the Registrar offices in Nassau and Freeport, The
Treasury Department (Marlborough Street & Navy Lion Road, Nassau) or any of the
following banks:

SON ce

Bank of The Bahamas International
First Caribbean International Bank (Bahamas) Limited
Finance Corporation of Bahamas Limited
Commonwealth Bank Limited

Royal Bank Of Canada

Scotiabank (Bahamas) Limited

Fidelity Bank (Bahamas) Limited (formally British American Bank(1993)

Limited) °

es

Citibank, N.A.

PUBLIC DEBT

Provisional estimates from the unaudited accounts as at June 30, 2008 show the Public Debt of The

Bahamas to be B$3,098,664,000.*

GOVERNMENT REVENUE AND EXPENDITURE

The following information is extracted from the unaudited accounts of the Government of The

Commonwealth of The Bahamas.

Revenue

Recurrent Expenditure (excluding

Repayment of Public Debt)

Capital Development
Expenditure (excluding loans
contributions and advances
to public corporations)

** Provisional estimates from the uhau

FY2005/2006p** FY2006/2007p** FY2007/2008p**
BS BS BS
Approved Budget Approved Budget
1,221,454,000 1,338,481,000 1,483,929,000
1,149,582,000 1,285,692,000 1,385,133,000
123,454,000 166,225,000 189,731,000

ed accounts.

* — The Public Debt amount is inclusive »f The Public Corporations contingent liability which as at June

30, 2008 totalled B$419,807,000.

HTL tC
Committee seeks
STITT Mb

storm hit country

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

FREEPORT - Following the
devastating aftermath of four hur-
ricanes in Haiti, the newly formed
Grand Bahama Haitian Relief
Committee is soliciting financial
and material support to assist vic-
tims on that island.

Freeport Haiti resident Jetta
Baptiste announced that the
GBHRC has opened an account at
the Bank of the Bahamas in the
name of G B Haitian Relief Com-
mittee.

Ms Baptiste said many people in

Haiti lost all their possessions dur-:

ing Hurricanes Fay, Gustave, Han-
na, and Ike, which caused massive
flooding on the island.

“Many people lost their homes,
loved ones, farms, businesses and
livelihood,” she said at a press con-
ference held at the Grand Bahama
Red Cross.

“The massive flooding left thou-
sands of Haitians homeless; there
are no food stores; bridges and
roads have been washed away
especially in the city Gonaives.

“There are no banks or money





“AP Photo

THIS PHOTO released by the.U.S. Navy shows the city of Port de Paix,
in northern Haiti, partially flooded, Monday, Sept. 8, 2008. Four storms
in a row have caused floods throughout Haiti that have killed more than

300 people in less than a month.

transfer stations available now
where money can be sent immedi-
ately. We have heard the stories
where children are dying from star-
vation after being stranded on roof
tops for days,” Ms Baptiste said.

The GBHRC, which is headed
by president Jean Alix Jean Simon,
is appealing to people living in
Grand Bahama and throughout
the Bahamas to lend a ‘helping
hand to the hurricane victims of
Haiti.

Ms Baptiste said water, non-per-
ishable food items, kitchen utensils,
clothing, blankets, sheets, paper,
garbage bags, baby food, clothing
and pampers are needed.

She also noted that there is a
total lack of medication suck
as pain killers, as well as

building supplies.

The items can be delivered at
Cool 96, Jetta’s Multi-Service Cen-
tre at 37B Hearne Lane or any
local Haitian church between Sep-
tember 15 and September 27.

The committee wants to have
everything delivered to Haiti by
the end of the September.

Ms Baptiste said financial con-

tributions are also needed and can
be deposited in the account at -
Bank of the Bahamas.
- “We are asking persons to
please give the best that you can
because God loves a cheerful giv-
er,” she said.

She said that anyone who wants

‘more information should call Mr

Simon at 533-2714 or Ms Baptiste
at 352-2384.

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS
BAHAMAS REGISTERED STOCK 2028, 2029 , 2030, 2031, 2032 AND 2033

The Registrar

FOR OFFICIAL USE ONLY
APPLICATION No
ALLOTMENT No.

DATE:

¢/o The Central Bank of The Bahamas

"P.O. Box N-4868
Nassau, Bahamas

Sir:
I/We hereby apply for the following amount of Bahamas Registered Stock:

Insert below the amount applied for

in Units of BS100
9/32% Above Prime Rate © Bahamas Registered Stock 2028 BS
5/16% Above Prime Rate Bahamas Registered Stock 2029 BS
11/32% Above Prime Rate Bahamas Registered Stock 2030 BS
3/8% Above Prime Rate © Bahamas Registered Stock 2031 BS
13/32% Above Prime Rate Bahamas Registered Stock 2032 B$
7/16% Above Prime Rate Bahamas Registered Stock 2033 BS

and undertake to accept any less amount which may be allotted to me/us.

I/We enclose BS

. in payment for the Stock applied for.

In the event of the full amount of Stock(s) applied for above is/are not allotted to
me/us, I/we request that the sum refundable to me/us be applied for the following Stock:

%

Bahamas Registered Stock

BS

PAYMENTS CAN BE MADE VIA REAL TIME GROSS SETTLEMENT SYSTEM (RTGS) ,
THROUGH ALL COMMERCIAL BANKS EXCEPT FINCO, BY BANK DRAFTS PAYABLE TO THE
CENTRAL BANK OF THE BAHAMAS UP TO $50,000.00 (FUNDS IN EXCESS OF THIS AMOUNT
CAN BE PAID THROUGH THE RTGS SYSTEM) AND BY CASH. ~

1. (One Person)
Ordinary Signature

Name in Full

Address (Corporations etc. should give Registered Addresses )

P. O. Box

(BLOCK LETTERS, state whether Mr., Mrs., or Miss and titles if any.)

Telephone Nos.(H)

2. (Where two or more persons apply as joint subscribers, the additional names and addresses should -

be given below.)

Ordinary Signatures:
Names in Full
Ai d/OR
Address

Telephone Nos.(H)







I/We hereby request semi annual interest to be paid to:

Bank Name



Bank Branch Coenen a

Account Number





THE TRIBUNE




trying to raise four children on
under $800 a month wept yester-
day as he told The Tribune: “We
are living on the breadline.”

Widower Wayne John, 44, of
Canaan Lane, off Shirley Street, is
still waiting for payment of a
court settlement following an
accident in Exuma which left him
unable to work.

Repeated attempts to get the
court registry to fix damages have
failed, leaving Mr John and his
four children in desperate straits.

“All I want is for the court reg-
istry to fix the settlement, but
time keeps passing and I don’t
know how much longer I can
wait,” he-said.

“I won this case more than a
year ago, so why is it taking so
long for the money to come
through? I have a child who suf-

‘On the breadline’

A DISABLED father who is:

Disabled father of four still waiting for

court settlement payment after accident

fers from seizures and needs to
see a specialist, but without this
money I can’t do anything,” he
added.

“T can’t find the right food to
give him. He has seizures twice a
day and sometimes twice at night.
I feel my mind is slipping because
of the worry. I can’t take it no
more.”

Mr John relies entirely on just
under $800 per month from the
National Insurance Board and
handouts from relatives.

But he said he did not wish to
be a burden on his family when

money was due to him from the

courts.

“From the $800 I get, I have to
pay the light bill, groceries,
clothes for the children and every-
thing else, and it really isn’t
enough.”

Mr John, who once worked as
a labourer, won a Supreme Court
judgment in July, 2007, after
claiming his employers were neg-
ligent when he fell from a trailer
and damaged his arm and hip. He
is no longer able to do any kind of
physical work.

Though attempts were made
up until press time last night, Reg-
istrar Donna Newton or Deputy

Registrar Ernie Wallace were

unavailable for comment.



National Museum of The Bahamas
‘promotes a celebration of literacy

PVPS VERS (0) Mola elam ee Ualel tcp

Readings at Fort Charlotte today
e(Other events through the month

THE National Museum of the
Bahamas is joining in the obser-
vance of September’s National
Literacy Month by hosting a
series of activities designed to
increase reading interest in Nas-
sau’s students, as well as to
encourage adults to rediscover
the joys of a good book.

“Reading can help people*to ‘~

understand different ideas and
different ways of living and to
develop skills that are essential

in creating a well-rounded human.

being,” said Dr Davidson Hep-
burn, chairman of the Antiqui-
tiés, Monuments and Museums
Corporation which oversees the
National Museum.

“We would love to teach peo-

ple about the joy of reading, when
you can switch off your cell
phone, turn off the television and
settle down with a good book.”
The activities kick off with a
series of Bahamian poetry and
short story readings for primary
school students at Fort Charlotte

TROPICAL
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on September 18. For a $3 admis-
sion charge, students can enjoy
readings by Dr Hepburn, Leah

“.O’Briem and Patricia Thomas~

from 10am —.2pm.

In conjunction with the Nation-
al Museum, Logos Bookstore will
be hosting a book fair. Students
attending are encouraged to bring
extra funds to have the opportu-
nity to enter a vibrant literary
world.

Other events planned for









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dents to attend the “Lest We For- *
slavery-exhibition at they
Pompey Museum from Septem- *

ber 22 — 25, 10am — 1pm, dramat-
ic readings and tours of Balcony
‘House on September 25 at 7pm
and the opportunity to hear
episodes from the popular 1970’s
radio drama “The Fergusons of
Farm Road” on September 26 at
6pm at the Pompey Museum.





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PAGE 8, THURSDAY, SEPTEMBER 18, 2008

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LOCAL NEWS

THE TRIBUNE



Mario Miller’s
bloodstained.
shirts placed in
evidence at trial

FROM page one

ogist attached to the
police forensic science section,
to the witness stand
yesterday.

Mario-Miller was stabbed ;

to death on June 22, 2002.
His body was found-in bush-
es near the Super Value
Food Store in Winton.
Brothers Ryan and Ricardo
Miller, alias Tamar Lee, are
charged with his murder and
are standing trial for a sec-
ond time, the first trial hav-
ing been aborted. .
During her testimony
Inspector Deleveaux told,
the court that several items
such as a machete, a blood
soaked multi-coloured shirt,
T-shirt, pieces of vinyl, duct
tape, finger nail clippings

and three glass tubes of .

blood labeled Tamar Lee
had been given to her for
examination. She said she
examined them for bodily
fluids.

Inspector Deleveaux told
the court that she found

The Tribune wants to hear
from people who are

| making news in their |
neighbourhoods. Perhaps
you are raising funds fora
good cause, campaigning
for improvements in the
area or have won an -
award.

If so, call us on 322- 1986
and share your story.

é Hand.



Share your news



. Leslie Miller

hairs attached to the duct
tape. She also testified that
she saw no blood on the
machete which was worn
with rust spots, however, she
still swabbed the blade.
She also testified that the
multi-coloured shirt and the













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T-shirt, which belonged to
Mario Miller, were torn and
blood stained.

Inspector Deleveaux said
that the cuts in the shirts
appeared to have been

caused by a piercing object.

The deceased’s sister, Yas-
mine, was reduced to tears

‘as the blood stained shirts

were exhibited in court.
Inspector Deleveaux also
told the court that she found
blood on the finger nail clip-
pings of the deceased.
Inspector Deleveaux told
the court that after examin-
ing all of the items that had
been given to her, she pre-

‘pared a report and certain

samples to be sent abroad
for DNA testing.

During cross-examination
by lawyer Romauld Fer-
reira, Who represents mur-
der accused Ricardo Miller,
Inspector Deleveaux said
that although she had found
no blood on the machete
blade, she had swabbed it

‘for biological material.

During cross-examination
by lawyer Romona Far-
quharson, who represents
Ryan Miller, Inspector
Deleveaux admitted that she
had not received any evi-
dence in relation to Ryan
Miller.

The trial continues at 10
am today before Justice
Stephen Isaacs. Deputy

‘Director of. Public Prosecu-

tions Cheryl Grant-Bethel,
with Neil Braithwaite and
Sean Adderley of the Attor-
ney General’s Office appear a
for the.Crown. ; vai!

#

©2008 Creative Edge





THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008,.PAGE 9



FROM page one

watts of electricity or less per
month.

Government will also lend
BEC from its sundry capital
»allocation account the sum of

BEC to reconnect cut-off consumers PM heats to US for talks
On future of Morton Salt

$4 million to be repaid by BEC
within the next two years as a
means of aan the fund-

Rudy King is charged
with three counts of
deceit of a public officer

FROM page one

Wednesday, August 6, King attempted to deceive Detective
Sergeant 464 Greenslade with intent to evade the requirements of

the law.

Court dockets also allege that on Monday, August 25, King
tried to deceive Andreae Francis, a public officer.

King, who appeared before Magistrate Linda Virgill at Court 9
in Nassau Street, pleaded not guilty to the charges.

He was granted bail in the sum of $10,000 with two sureties.

Lawyer Murrio Ducille represented King, who is expected back

in court on October 22.

King, an impresario and events promoter also known as Dr
Rudy King, is the former chairman of the King Humanitarian and
Global Foundation — a non-profit organisation.

It was reported on Tuesday that King was expected to appear in
connection with fraud related charges, however he was only areca

with the three counts of deceit.

ing of this “massive social
relief” to consumers.

“The government will direct
BEC to apply the governmen-
t’s $600,000 annual dividends
ordinarily payable by BEC to
the government towards ame-
liorating or lessening any
potential future increases in
the electricity surcharge as a
consequence of any future
shocks in the cost of oil over
the next two years.

“BEC is (also) being direct-
ed to reverse its policy which
requires residential consumers
to pay all arrears in full before
any disconnected electricity
supply is restored and return
to the policy that required only
a 50 per cent payment of
arrears uo to reconnection.
of supply.

- “In addition to these Steps -

which the government believes
will bring relief to more than
5,000 families, the government
is determined to bring focused
efforts to eliminating ineffi-
ciencies and weaknesses at

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BEC,” Mr Ingraham said.

Mr Ingraham also said gov-
ernment will be entering into
talks with the Grand Bahama
Power, Company to see if a
similar offer can be made on
that island to help alleviate the
troubles that growing electric-
ity bills are causing through-
out the country.

Additionally, government
will also retain an independent
firm to conduct an “opera-
tional audit” of BEC and make
recommendations
will bring: “increased” efficien-
cy to the electricity corpora-
tion.

“These recommendations
will be evaluated and
acted upon where appropriate
as a matter of urgency,” he
said.




that:

FROM page one

to meet with the representa-
tive from Morton’s home
office in the» United States
today.

He said i expects to
receive a fuller “report on the
damage assessments which
they will have conducted on
their business during the past

week and some indications of

their future plans.”
Morton’s parent company is

currently in the process of
being taken over by Dow

Chemical Company.
’ Mr Bochanski said in an
interview last week that “based

: on what they saw and the plan

e

THE BAHAMAS NATIONAL isa HOIR

Try « out for the Bata: National Youth holt

we havé in place, it is our
intention to bring the plant

* back up.

“If further down the line in
the next week or two we find
out that there’s something we

don-t know about that changes

those plans, I suspect that we
might be having. a different
answer.” ,

The Member of Parliament
for Inagua, Alfred Gray, last
week told The Tribune that he
is worried that Morton Inter-
national wiil use the hurricane
damage to the plant as an:
opportunity to pull out of the
island without being accused
of doing so because of dissat-
isfaction with long term labour
unrest nee





Wednesday, September 24, 2008
St. John’s College eucstony em - 7:00p.m.





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PAGE 10, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



te
3

THE SPECIAL jellyfish culture at Atlantis is kept in a safe quarantine area to protect
these animals as well as staff and guests.



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ocean water in and out of the
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All new ocean water is
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The ozone applied to the
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The water exiting the Atlantis
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To manage a retail store, applicants meeting the

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* Must be computer literate

* Knowledgeable of operating a retail store

* Ability to market the store

* Familiarity with inventory control
All applicants must be at least 21 years of age, should

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* 2 References
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THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 11



Dio. LE ee eee
Three Bahamian brokers break through the barrier

THREE brokers with the local
firm of ERA Dupuch Real Estate
have become the first outside the
United States to qualify for the
highest certification in the fran-
chise’s luxury real estate division,
the ERA International Collec-
tion, an enviable golden sliver of
the residential real estate market
where a million dollar price tag is
all but a starter home.

“This has been an incredible
year for us,” said Peter Dupuch,
founder of the firm headquar-
tered in an historic building on
East Bay Street.

Earlier this year, ERA Dupuch
brokers walked away with
Beyond Excellence Awards, join-
ing the ranks of the top 10 per
cent in the real estate industry.

“Now to be the first agency in
the entire world outside America
to make the grade for the Inter-
national Collection designation
and not just one broker, but three
from the same firm.

“We are really proud and hon-
oured, but it is also a testament to
the value of property in the
Bahamas,” Mr Dupuch said.

Qualifying for the Internation-
al Collection were Mr Dupuch, a
20-year industry veteran who
speaks four languages and is a
graduate of McGill University in
Canada and a commercial pilot
who is as likely to fly associates as
clients around the islands to
familiarise them with listings; Ken
Chaplin CBRI, CRS, who came

’ to the real estate industry after a

strong career in high-end retail
dnd Kyla Ralston, BRI, CRS,
whose earlier experience in inte-
riors prepared her for luxury mar-
keting.



Tim Aylen for DP&A



of the world. And we have listings
in Abaco and Nassau that quali-
fy.”

Mr Dupuch founded the firm
in 1993, joining the ERA Real

1° Estate network in 2001 with more

ERA DUPUCH REAL ESTATE brokers Ken Chaplin (left); Kyla Ralston (centre)
and the firm’s founder Peter Dupuch recently became the first brokers outside
the United States to qualify for the highest certification in the global franchise's
luxury property division. Mr Chaplin, Ms Ralston and Mr Dupuch are pictured
on the bridge to Paradise Island, where property sales have helped make this

the best year in the firm’s history.

“The International Collection
is the creme de la créme of prop-
erties around the world and when
a broker qualifies, his or her list-
ings are marketed on a whole dif-
ferent level, whether it is the Sun-
day New York Times or the
Robb Report Luxury Collection,”
Mr Dupuch explained..

“Listings also go on a separate
International Collection web site
and on eracaribbean.com.
Emphasis is on knowing the mar-
ket thoroughly and providing a
personal touch with service that
goes beyond anything you have
ever done before. It could be a
detail as small as adding throw
pillows and orchids to an austere

setting or as large‘as rumours ofa
coming change, for better or
worse, in the area, but there is no
room for error. You have to
deliver a flawless experience.
“Although Collection listings can
start at $800,000, there are also
those like a $19. 5 million, seven-
bedroom, nine-bath, estate in
New Jersey with music studio,
five car garage, racquetball court,
bowling alley and indoor pool.
And then there are the amazing
properties of Ocean Club Estates
right on Paradise Island where
we have a listing now in the Col-
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and quality, they can compete
with many of the finest propet ties

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than 38,000 brokers worldwide
and some 3,000 offices in the US,
Europe and the Caribbean.

Last year, ERA Real Estate
won the prestigious JD Power
and Associates Award for High-

est Overall Satisfaction for
Repeat Home Sellers Among
National Full-Service Real Estate
Firms.

This year, its new web site has
won numerous awards.

Assistant to the Financial Controller

Candidates should have experience with:

- Payables, receivables, maintain inventory system, posting
journal entries, reconciling credit cards and bank accounts.
- Person should be able to-work unsupervised, able to
complete large projects in a timely manner, prepate reports
and train staff members.
* Must have good communication and interpersonal skills.
° Solid working Knowledge of QuickBooks, Windows, Word
and excel spreadsheet applications.
- An associate degree in accounting/business administration
or equivalent and min. of 2-3 years experience required.

Salary based on experience.
Please fax/email resume by Sept 26.to:

394-8573/accountsbsw@gmail.com |

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PAGE 12, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE

A ae eee OCIS ea as
Ginn sur Mer’s West End Foundation revitalises West End Clinic

DR HUBERT
MINNIS
announces
that digital
technology
will be
implement-
ed at the
West End
Clinic to

: improve

\ patient care
ee and ser-
vices.





TIT TE GINN staff

% members
paint the
West End
Clinic
premises.
































WEST END, Grand Bahama
— FORTY staff members of
Ginn Old Bahama Bay volun-
teered to clean, repair and land-
scape the West End Clinic.
The four-week improvement
project was funded by the West
End Foundation, a $3-million
trust fund specifically ear-
marked by Ginn Old Bahama
Bay to benefit the West End
‘community.
Ginn staff members con-
tributed more than 140 volun-
teer hours to the clean-up effort
by removing trash and debris
around the clinic, the nurses’
: a quarters, the doctors’ quarters
and the future community cen-
3rd Party tre. ;
Insurance ’ They also ees aashed
ae d, Throug the buildings, painted and
patched walls, installed area
lighting, repaired signage,
restored the parking lot and dri-
veway, and landscaped the

Special of Ty: Week

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ROSETTA ST.
TEL: 325-4944



property. Austin Outdoors

donated the plants to landscape
the property.

“We are pleased to assist the
West End Clinic as they pro-
vide a vital service to the people
of West End”, said Al Jones,
senior vice-president of Ginn
Development.

“Ginn employs 378 Bahami-
ans, the majority of whom are
residents of this western town-
ship.

“It is our responsibility to
ensure the well-being of our
staff and the well-being of resi-
dents and guests to this area.”

In 2006, Ginn donated an
ambulance to this outlying set-
tlement.

Ginn will also install a fibre
optic connection for the West
End Clinic to help improve and
expand patient care and ser-
vices.

“I challenge Ginn to adopt

AL JONES,
senior vice-
president of
Ginn Develop-
ment, and 40
Ginn staff

| members were
| proud to assist
with clean-up
efforts for the
| West End Clin-
ic.

the West End Clinic and
become a part of the govern- -
ment’s plan to bridge the gaps
that exist in healthcare here in
West End,” said Dr Hubert
Minnis, Minister of Health.

Dr Minnis, Obie Wilch-
combe, Member of Parliament
for the West End constituency,
and Senator Kay Smith, parlia-
mentary secretary in the Office
of the Prime Minister, were on-
site to inspect the upgrades to
the West End Clinic.

Other dignitaries in atten-
dance included Sharon
Williams, hospital administra-
tor of the Rand Memorial;
Shawn Mader, senior assistant
hospital administrator in Grand
Bahama; Sherlynn Bain, prin-
cipal nursing officer of Grand
Bahama; Dr M Khann, resident
doctor, and Nurse Yvonne
Clarke, nursing officer one at
the West End Clinic.



GOVERNMENT dignitaries are given a tour of the work cared out by the Ginn staff (left to right): Al Jones,
Ginn Development; Senator Kay Smith, Dr Hubert Minnis, Minister of Health; Obie Wilchcombe, MP for West





THE TRIBUNE

Coin of the Realm

staff show their value

THE Coin of the Realm
team recently underwent a
three-month Gemological

_ Institute of America training
course on all aspects of jew-
ellery essentials. The course
ended with a one-hour proc-
tored exam. All team mem-
bers passed the exam and
earned their jewellery essen-
tials certificate. One team
member was awarded the
AJP Diploma, which is given
to persons who complete the
jewellery essentials course
and the diamond and
coloured stone essentials
course.

The team was led by Coin
of the Realm’s operations
manager Cathy Moultrie.

Ms Moultrie said that the
entire staff did extremely well
and were very dedicated to

the course.
“Coin of the Realm prides

itself in going the extra mile to ©

offer quality service. This
extremely informative course
can only add to aur staff’s
knowledge which will ulti-
mately add to the service they
can offer to their customers,”
she said.

Ms Moultrie said that it is
important for Coin of the
Realm staff to not only offer
the best shopping experience
to every person that enters
the door, but to also continue
to educate themselves in all
aspects of the jewellery busi-
ness.

Owners of Coin of the
Realm Mr and Mrs Michael
Stewart said at the celebra-
tion dinner that they were
extremely proud of all of the

CELEBRATION DINNER: Coin of

Realm team members Nathalie ..

Sobiech; Samantha Darville;
Nioshi Rolle; Michelle Coakly,
and Maebree Johnson.

team members and that they
look forward to the staff par-
ticipating in future courses
and endeavours.

CHMI personnel in first ServSafe

sanitation training programme

DURING the summer of 2008, nine members
of faculty and staff of the Culinary and Hospi-
tality Management Institute (CHMI) at the Col-
lege of the Bahamas (COB), along with col-
leagues from industry and education, successful-
ly completed the ServSafe Sanitation training pro-
gramme.

This was the first time CHMI personnel have
participated.

' The training was conducted by Food Health
“dnd Environmental Safety in conjunction with
rs Florida Restaurant Association.
’ | ServSafe is an internationally recognised pro-
gramme which has become one of the most
respected standards in food service.

| The programme was offered as part of the.

ongoing professional development efforts which
are aimed at keeping faculty and staff on the cut-
ting edge uf best practice in industry.

| The programme, which leads tothe prestigious
ServSafe Food Protection Manager certification,
brings together current, best practices in food
safety and instructions to meet the industry's
changing needs.

It is recognised as setting the highest standards

‘of food Safety training and’certification.
| Wanting its chefs and lecturers to be constant-
ly updated as to the latest in practice and require-
I :

- Visit our website at www.cob.edu.bs

ment, CHMI anticipates that those who followed
the programme will readily communicate their
new knowledge to their classes and impress upon
them the growing need for safety and sanitation
in the kitchen setting. ;

Executive director of CHMI Dr Lincoln Mar-
shall expressed his satisfaction with the outcome
of the programme, saying, “We have enjoyed a
wonderful success rate in our first venture into

‘ServSafe. We congratulate the successful partic-
-ipants and look forward to their becoming instruc-

tors in the programme in the very near future.”
Those who received the certification in the
ServSafe Food Protection Manager certification

_ programme are Chef Mario Adderley; Chef Jas-

mine Bain; Kendal Johnson, Head of the Food
and Beverage Department; Bridgette Major-Don-
aldson, Head of Department for the Northern
Bahamas Campus; Chef Christina Moseley-Rolle;
Chef Eldred Saunders; Anthony Richardson,
chief steward; Jamilah Thompson, purchasing
and storeroom manager, and chet Sterling
Thompson.

Mario Adderley, Kendal Yohasah: Bridgette
Major-Donaldson and Anthony~ Richardson

‘achieved scores 6f 90 pércéfit or more, which

means they are one step away from qualifying
to become instructors of the programme.

” Epucame & TRAINING Rare AMIENS

SPRING 2009 aie

The deadline for Spring 2009 undergraduate
Admission/Readmission Application is September.
26, 2008 at 4:00 p.m. Application forms may be
downloaded from www.cob.edu.bs or may be
collected from the Admissions Office, Second
Floor, Portia Smith Building.

For more information, please call 302-4399.

Royal Bahamian Resort & Offshore Island .

" Invites application for the position of:

_ OPERATIONS MANAGER
PRIVATE ISLAND

Applicants. should satisfy the following minimum

requirements:

‘Have a First Degree in Marine Engineering from a
recognized College/University, or equivalent on the

job experience and training.

At least two years experience in the hespriity

industry or closely related filed

Will be required to reside and be fully responsible

for the operation of the entire island.
Must be computer literate

Be proactive, self motivated and willing to work

long hours

Be able to lead a team of technicians with varied

trades

Be able to set the trend for timely and quality

work performance.

Strong communications skills oral and written
Have strong organizational and leadership skills

Applications should be email to:
Cmajor@grp.sandals.com





THURSDAY, SEPTEMBER 18, 2008, PAGE 13

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PAG 5E 14, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE








‘IR-CONDITIONERS! AIR- CONDITIONERS!. E
AIR-CONDITIONERS! AIR-CONDITIONERS!
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Distributed throughout the Bahamas by

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Phone:322-1722 « Fax: 326-7452

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CURE ey:

‘AY COOL ALL YEAR

'. year on a positive note.





STUDENTS AN SC Paice Miematkurt heats are possible th



gh excellence in literacy

d teamwork’.

CH Reeves Junior High starts
school year on positive note

HOLDING a church ser-
vice at the Church of God of
Prophecy on.East Street, the
C H Reeves Junior High
School began the new school

The students and staff of
the school, along with sup-
portive stakeholders, all
gathered under the theme
“dreams are possible through
excellence in literacy and
teamwork.”

Bringing remarks on
behalf of Minister of Educa-
tion Carl Bethel, under-sec-
retary Sherrylee Smith asked.
the students if they realised
that schools are training
grounds that are designed to
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She invited the students to
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‘through the creation of an

action plan.

This plan, she said, should
include specific goals for
each year, activities for aca-
demic and personal improve-
ment, and realistic timelines.

She also advised students

_to select mentors and other

persons in the community
with whom they can network
for future opportunities.

“The Ministry of Educa-
tion is ready to support you
in all your educational
endeavors,” Ms Smith said.

She also pointed out ini-
tiatives that the ministry has
already begun to implement
to ensure that the education
system is more relevant to
students.

Ms Smith also made the
students aware of various
scholarship opportunities
that are available to them,
and encouraged them to take
advantage of all that is being

offered. aps
Also in attendance was

Member of Parliament for
Englerston Glenys Hanna-
Martin, who told the stu-
dents to appreciate their
inheritance — the land of
their birth.

She asked them to always
be.good ambassadors for the
country and reminded the
students that the school has
always had a good reputa-

‘tion, which she expects them

to uphold.

The students also heard
remarks from senior pastor
of the church Bishop
Franklin Ferguson, who told
the students that their suc-
cess depended on what they
do with the knowledge, and

‘talents that they have.

The service ended with
prayers for the teachers, stu-
dents and parents, and bless-
ings for a new school bus
that the school has acquired.

TEACHERS WANTED.

Are you a professional, creative and energetic teacher
with strong classroom management skills?



(eet ce

Are you well presented, well spoken,
and have a positive attitude?

_ Are you looking for a new and exciting challenge
in a friendly and supportive school?

We are eu a Oe Aa eto itaes ty hs |
small private aT ai Wes Ange

2 years experience at cither the Pre-school level
or Primary level] is preferable. :

To apply for a Pre-school position you must hold either
a Pre-School Auxiliary Certificate or higher.

To apply for a Primary School position you must hold
a Bachelor’s Degree or higher.

Please send your resume, a recent photo,
and a short essay on why you think you would be an |
asset to our school.

Applications by e-mail only
LMAS.teach@ yahoo.com

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THE TRIBUNE



Gates exp

AP Photo/Paul J. Richards, Pool





US DEFENSE SECRETARY areata

Army Major General Jeffrey Schlo
visit to the pagan Air ct some
















srt shakes hands with US
left, during an unannounced

Gates,
esser,

INTERNATIONAL NEWS

resses regret fo

@ By ROBERT BURNS
AP Military Writer
KABUL, Afghanistan



Defense Secretary Robert
Gates on Wednesday expressed
"personal regret" for recent U.S.
airstrikes that killed Afghan civil-
ians, and pledged more accurate
targeting in future.
Gates' unusual apology fol-

_lowed a frank assessment from

the top military commander in
Afghanistan: There aren't enough
USS. ground forces in Afghanistan
so the military is relying more

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deaths. After meeting with
Afghan President Hamid Karzai
and other senior government offi-
cials, Gates said at a news con-
ference, "As I told them, I offer
all Afghans my sincere condo-
lences and personal regret for the
recent loss of innocent life as a
result of coalition airstrikes."
Gen. David McKiernan, the
commander of international
forces in Afghanistan, had said
earlier that the chronic shortage
of U.S. troops: in Afghanistan is
forcing commanders to rely more

on air combat. U.S. airstrikes that

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THURSDAY, SEPTEMBER 18, 2008, PAGE 15

r civilian deaths

kill civilians have angered and
embarrassed the U.S.-backed
Afghan government.

Gates said the U.S. military
takes extraordinary precautions
to avoid civilian casualties, but
added, "It is clear that we have to

‘work even harder." He told

Afghan officials that he would
discuss the issue with American
commanders and pilots on

Wednesday.
Later, Gates flew to Bagram,
the main’ U.S. base in

Afghanistan, and received a brief-
ing on procedures for using air
power. "As I told President
Karzai this morning, we are very
concerned about this," Gates told
reporters after the briefing. "It's a
very high priority for us."_*

He agreed to an Afghan gov-
ernment proposal to create a per-
manent joint investigative group
to probe any incident involving
civilian casualties, rather than
assigning investigators to individ-
ual cases as they arrive, according
to Pentagon press secretary Geoff
Morrell. McKiernan said he needs
at least three more combat
brigades, besides the one arriv-

ing in January. Without the addi- |

ney Sake
| PHARMACY

RU







tional troops, the war will be
longer and deadlier, he said.

"The danger is that we'll be
here longer and we'll expend
more resources and experience
more human suffering than if we
had more resources placed
against this campaign sooner,
McKiernan told reporters travel-
ing with Gates.

He also said he knows he can
only get more combat forces if
troops are diverted from Iraq.
The Army brigade arriving in
Afghanistan in January was ini-.
tially scheduled to go to Iraq, and
it includes about 3,700 soldiers.

McKiernan said his Washing-
ton bosses had "validated" his
request for the three additional
brigades — or at least 10,000
more troops — and said he
believes it is a question of when,
not if, he will get those reinforce-
ments. There currently are about
33,000 U.S. troops in Afghanistan.

The wars in Afghanistan and .
Iraq are headed in opposite direc-
tions: Violence is down substan-
tially in Iraq and U.S. troop levels
are declining, while the fighting is
heating up in Afghanistan and
more U.S. troops are needed.

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AGE 16, THURSDAY, SEPTEMBER 18, 2008 THE TRIBUNE

BAHA MAR JOINS HANDS
WITH THE PMH BLOOD. BANK

Hotel & Casino Associates Give Back | in Record Numbers

a BAHA MAR

NASSAU, THE BAHAMAS





In response to the urgent appeal made by the
Blood Bank at the Princess Margaret Hospital, i — oe |
Baha Mar Resorts held an emergency Blood Drive Baha Mar Executives give back, leading my example in\donating blood to the Princess ©.
on Friday, September 12: 2008. Associates artic Margaret Hospital. Pictured from left to right: Glen Roberts, PMH; CEO Sarkis Irmirlians, 6
Crystal Palace Casino, Sheraton Nassau Beach
Resort and Wyndham Nassau Resort turned out
in record numbers to. support the blood drive,
recognizing the event as an opportunity to give
back to the nation’s leading healthcare. facility
and the community. Members of the public were
also invited to participate in this vital life-saving
initiative.

Baha Mar Resorts’ Senior Executives led the way in

donating blood, encouraging Associates to ‘brave
_ the needle’ and donate of themselves to this very |
worthy cause. The response to the Blood Drive was
overwhelming with nearly 200 persons registering
to donate to the national Blood Bank. Nearly 70
pints of blood were collected for the Princess
Margaret Hospital. A second drive is scheduled
for this Friday, September 19. to accommodate
those persons who had registered but were unable
to donate due to ‘time constraints. The public is :
again invited to participate at the. Independence Wiyndhan Blood Donor a Baha Mar’s Leah Davis, gives a drink Kio 3
Ballroom A, Sheraton Nassau Beach Resort. . Lt. PISORLeener



- President of the Baha Mar Development Co3!
John Pagano chats.with Glen Roberts, PMH



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THE TRIBUNE

~ STAKES RAISED IN DISPUTE
Pakistan army ordered to shoot if US troops
Afghan border

launch another raid across



AP Photo/Anwarullah Khan



Eee — enn eee =

A PAKISTAN SOLDI

Sept 16, 2008. Pakistan's military has ordered its forces to open fire if U.S. troops launch another raid across



ER mans a machine gun in the troubled area of Bajur in Pakistan's tribal area Tuesday,

the Afghan border, an army spokesman said Tuesday.

m@ By STEPHEN GRAHAM
ISLAMABAD, Pakistan



Pakistan's army said Tuesday that
its forces have orders to open fire
if U.S. troops launch another raid
across the Afghan border, raising
the stakes in a dispute over how to
tackle militant havens in Pakistan's
unruly border zone, according to the
Associated Press. :

Adm. Mike Mullen, the U.S.

chairman of the joint chiefs of staff,
arrived in Pakistan late Tuesday
amid the increased tensions. Mullen
planned to meet with top civilian
and military leaders to discuss a
range of issues, including ways to
improve coordination and cooper-
ation along the Pakistan-Afghan
border.

Pakistan's government has faced
-Tising. popular anger over a Sept. 3
ground attack by U.S. commandos
into South Waziristan, a base for
Taliban militants killing ever more
USS. troops in Afghanistan. Pakistan

says-about 15 people were killed, all _

of them civilians.

The new firing orders were dis-
closed by Pakistani army spokesman
Maj. Gen: Athar Abbas in an inter-
view Tuesday with The Associated
Press. - :

Abbas said Pakistani field com-
manders have previously been tol-

erant about international forces:

crossing a short way into Pakistan
because of the ill-defined and con-
tested nature of the mountainous
frontier.

"But after the (Sept. 3) incident,
the orders are clear," Abbas said.
"In case it happens again in this
form, that there is avery significant

detection, which is very definite, no »

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ambiguity, across the border, on

ground or in the air: open fire."
The statement was the strongest

’ since Gen. Ashfaq Parvez Kayani,

Pakistan's army chief, raised eye-
brows last week by vowing to defend
Pakistani territory "at all cost."
Abbas would not say whether the
orders were discussed in advance
with U.S. officials.

Rep. Gary Ackerman, Democrat- -.

ic chair of the House of Represen-
tatives Foreign Affairs Subcommit-
tee on South Asia, and other law-
makers expressed concern about
Abbas' comments at a hearing Tues-
day to examine a Bush administra-
tion request to fund an upgrade of
Pakistan's aging fleet of F-16 fighter
planes.

Responding to the concerns, Don-
ald Camp, deputy assistant secre-
tary of state for South Asian affairs,
said: "I cannot envision a situation
where we would find ourselves in a
shooting situation with Pakistan."

"We are partners with Pakistan.
We have been close friends for
years," he said.

President Asif Ali Zardari, the

newly elected successor to U.S. ally -

Pervez Musharraf, declined to com-
ment on the order to use lethal force
on American troops, telling
reporters in London: "I don't think

there will be any more" cross-border

operations by the U.S.

U.S. military commanders com-
plain Islamabad has been doing too
little to prevent the Taliban and oth-
er militant groups from recruiting,
training and résupplying in Pak-
istan's lawless tribal belt.

Pakistan acknowledges the pres-
ence of al-Qaida fugitives and its
difficulties in preventing militants

INTERNATIONAL NEWS

SOLDIERS OF THE PAKISTAN army stand ne

THURSDAY, SEPTEMBER 18, 2008, PAGE 17°

C2



to artillery in the troubled area of Bajur in Pakistan's trib-
al area Tuesday, Sept 16, 2008. Pakistan's military has ordered its forces to open fire if U.S. troops

OVER HOW TO TACKLE MILITANT HAVENS —





a

launch another raid-across.the Afghan border, an army spokesman said Tuesday.



“If an American
soldier were to die
because of .
Pakistani military
firing that would
damage the —
Pakistani-American
relationship for
years to come.”



Craig Cohen

from seeping into Afghanistan.
However, it insists it is doing what it
can and paying a heavy price, point-
ing to its deployment of more then
100,000 troops in the increasingly
restive northwest and.a wave of sui-
‘ cide bombings across the country.
Mullen, who is on his fifth visit to

Pakistan since assuming his post,

intended to "discuss ongoing opera-
tions in.the border region" with
Prime Minister Yousuf Raza Gilani
and army chief Kayani, said Mullen
spokesman Lt. Col. Gary Tallman.

"He has been focused keenly on. ,
working more closely with the Pak-

istani military to improve coordina-

tion and effectiveness in operations -

against extremist safe havens in the
border regions," Tallman said.

’ American officials have confirmed
USS. forces carried out the Sept. 3
raid near the town of!Angoor Ada in
South Waziristan but have given few

- details of what happened. Abbas.

said that Pakistan's: military had
asked for an explanation but
received only a half-page of "very
vague" information that failed to
identify the intended target.

He said the dead all appeared to.
be civilians, adding: "These were
truck drivers, local traders and their
families."

Abbas said Pakistani officials had

to consider public opinién, which is

skeptical of American goals in the
region and harbors sympathy for
militants fighting in the name of
Islam.

"Please look at the public reac-

tion to this kind of adventure or

incursion," Abbas said. "The army is
also an extension of the public, and
you can only satisfy the public when
you match your words with your
actions."

However, some analysts forecast
that the consequences of alienating
the United States would stay the
army's hand.

"If an American soldier were to
die because of Pakistani military fir-

_ing that would damage the Pak-

istani-American relationship for
years to.come," said Craig Cohen,
an analyst at the Center for Strategic
and International Studies in Wash-
ington. -

The threat "might stir nationalist

sentiment in Pakistan and play well

politically, but it's just not realistic,"

he said.

Pakistan's military has won Amer-

ican praise for a six-week offensive

against militants in the Bajur tribal -

region that Pakistani officials say

has killed 700 suspected insurgents ©

and about 40 troops. Troops backed

by warplanes killed 15 more alleged

sale starts Saturday, September 13"

militants Tuesday, officials said:

Jn the same timeframe, there has
been a surge in missile strikes appar-
ently carried out by unmanned U.S.
drones. Such attacks killed at least
two senior al-Qaida commanders
earlier this year.

All of those strikes have been well
to the south of Bajur, in areas where
Pakistani authorities have sought
peace deals in order to gain respite
from militant-attacks.

_ Abbas said that while they were
tackling the "mega-sanctuary" in

Bajur, they didn't have the forces
to fight militants across the tribal
belt all at one time. At least two oth-
er areas have been earmarked for
military operations, he said.
Jalaluddin Haqqani, a formidable
Taliban commander whose relatives
were reportedly among the dead in
one of the recent missile attacks,
was definitely in Afghanistan, he

- added.

Abbas denied the new order had
been put into practice before dawn
on Monday, when U.S. helicopters
reportedly landed near Angoor Ada
only to fly away after troops fired
warning shots.. ‘

Abbas insisted no foreign troops
had crossed the border and that
"trigger-happy tribesmen" fired the
shots. Pakistani troops based nearby
fired flares to see what was going
on; he said.

The U.S. military in Afghanistan
said none of its troops were
involved.

Associated Press writers Nahal
Toosi in Islamabad, Habib Khan in
Khar, David Stringer in London, and
Lolita Baldor in Washington con-
tributed to this report.: °

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THE TRIBUNE

IHURSVDAY, SEPTEMBER 18, 2U08, PAGE 1Y



INTERNATIONAL NEWS |

MOVES TO PORTRAY RUSSIA AS THE AGGRESSOR IN LAST MONTH’ S WAR

Georgia:

Intercepted

calls prove
self-defence

@ By STEVE GUTTERMAN
TBILISI, Georgia

In a bid to portray Russia as
the aggressor in last month's
~war, Georgia has released
recordings of what it says are
two intercepted cell phone calls
purporting to show that
Moscow invaded before Geor-
gia's offensive against South
~ Ossetia, according to the Asso-
ciated Press.
The recordings released
», Tuesday, if authentic, will not
* cut through the fog of the final
‘ hours when escalating tensions
. burst into war. But President
‘Mikhail Saakashvili hopes they
will help dispel a dominant nar-

rative that says his country was °

on the attack. He said they
prove Russian tanks and troops
entered South Ossetia many

hours before Georgia began its ©
offensive against separatist .

forces.
"Evidence in the form of tele-
* phone intercepts and informa-
tion that we have from numer-
ous eyewitnesses conclusively
prove that Russian tanks and
armored columns invaded our
territory before the conflict
began," Saakashvili told
reporters.
‘intercepts last less than two
“ minutes. But so far, they are
“Saakashvili's best argument in
~_his bid to turn the tables against
»* Russia. :
_ Since the war that killed hun-
* dreds of people and drove near-
4 ly 200,000 from their homes,
““Moscow.has relentlessly cast
Saakashvili as an unstable .
‘leader who struck first, forcing a
éresponse.
' Saakashvili says he tried to
; ease tensions with a unilateral
cease-fire, but that Russia's
_leaders had made up their
minds. .
"It looks like the decision had

been made in Moscow prior to -

that, and nothing was going to
“change it on the ground,"
” Saakashvili told The Associated
‘Press.
“Russia has always cast Geor-
gia as the aggressor, saying it
« only responded militarily to
‘defend Russian citizens and
“peacekeeping troops in South
Ossetia from a Georgian offen-
sive that began late on Aug. 7.
Georgia says the intercepted
phone calls show Russian forces

entered South Ossetia before °

dawn that day.
The calls are between a South
Ossetian border guard at the
‘southern mouth of the Roki
tunnel, which leads across the
-;,mountainous border from Rus-

Together, the two purported .

« differences that did sic

sia into the separatist Georgian
province, and another guard at
headquarters in the regional
capital, Georgia says.

The recordings were first
released to The New York
Times, which reported their
contents Tuesday. A Georgian
Interior Ministry official, Shota
Utiashvili, played two of the
recordings for the AP and pro-
vided printed English transla-
tions from the original Osset-

ian. -: ‘

In the’ first call, which pur-
portedly began at 3:41 a.m. on
Aug. 7, the South Ossetian
guard at the tunnel says "they
have moved armored person-
nel carriers out and the tunnel is
full."

In the next call, about 10 min-

utes later, the guard says that .

“armor and people" had
emerged from the tunnel about
20 minutes earlier.

Asked whether there was a
lot of armor, the guard says,
"Well, tanks, BMPs’-and those
things."

BMPs are armored person-
nel carriers. The tunnel is more

than two miles long.
The authenticity of the.

recordings could not immedi-
ately be verified.

Utiashvili said Georgia began
monitoring the phones of South
Ossetian militia in 2004 and had
"hundreds of telephones under
surveillance."

The Times said it had done
its own translation of the audio
files.

The newspaper's translation

was similar to.the translation

-sprovided by Georgia, with slight
appear
to change the meaning.

Russian Foreign Ministry
spokesman Andrei Nesterenko
‘dismissed the Georgian claim
as "not serious.'

He said any major troop
movements would have been
easily tracked by satellites used
by NATO nations.

"I would be grateful if they
provide such satellite data to us
and the entire global commu-
nity, provide specific data,"
Nesterenko said sarcastically.
"Allegations that they have
eavesdropped on someone and
heard something are simply not
serious. '

Saakashvili, a U.S. ally who is
seeking NATO membership for
Georgia, said his government
has asked NATO nations to
examine satellite imagery.

Asked why Georgia had not
released the purported inter-
cepts earlier, he said they were
initially believed to have been
lost "during the heat of the war"



GEORGIAN PRESIDENT Mikhail Saakashvili chairs a government ses-
sion in Tbilisi, Georgia, Friday, Sept. 12, 2008. A popular former ally of
President Mikhail Saakashvili questioned the wisdom of last month's
war with Russia, calling for a "conversation" in his homeland about
whether the conflict could have been avoided.

e



“Rvidence i in the form of

‘telephone intercepts and

information that we have from
numerous eyewitnesses
conclusively prove that

. Russian tanks and armoured

columns invaded our territory

before the conflict began.”



Mikhail Saakashvili

but were later found.
Georgia has provided the
West with the intercepts and

‘other information, he said, and
-would welcome an investiga-

tion.
In Washington, Defense

Department spokesman Bryan’

Whitman did not respond
directly to the question of which

side was in South Ossetia first.

"I don't think anything
changes — this was a hostile"
move by Russia; he said. "The
operative point is that Russia
invaded territory of Georgia."-

Saakashvili also stressed that
point.

"This is our country, we did-
n't go to Vladikavkaz, we didn't





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RUSSIAN FOREIGN MINISTER
Sergey Lavrov, left, and leader
of Georgian breakaway region
of South Ossetia Eduard
Kokoity speak during a joint
news conference in Tskhinvali
on Monday, Sept. 15, 2008.
Sending troops deep into
Georgia and recognizing the
separatist regions of South,
Ossetia and Abkhazia as inde-*
pendent nations, the Kremlin
raised the stakes in the strug-
gle with the West for regional
influence, and underscored its
determination to halt NATO's
expansion.

’ AP Photo



VISITING NATO SECRETARY GENERAL Jaap de Hoop Scheffer leaves a

car to meet Georgian President Mikhail Saakashvili, unseen, in Tbilisi on

Monday, Sept. 15, 2008. De Hoop Scheffer said last week that NATO wants —

to show support for Georgia after Russia's use of "disproportionate force"

against its much-smaller neighbor. Russia objects strenuously to having

Georgia join the Western military alliance, an opposition that was under-
- scored last month when Russia defeated Georgia in a war.

go to Moscow, we didn't go to,

Siberia," he said.’""They came
here." Russia had 500 peace-

keeping troops in South Ossetia .

before the war, so the mere
presence of Russian forces in
the region is not damning. But
Saakashvili angrily rejected
Russian suggestions that the
forces in the tunnel were part of
a peacekeeping rotation.

"You don't send in peace-

keepers late at night with
tanks," he told the AP. "Tanks
are not peacekeeping vehicles.
You warn about peacekeepers
beforehand and we had official
notification from the Russians
that next peacekeeping (rota-
tion) was going to happen end
of September."

The U.S., European Union:

and NATO have accused Rus-
sia of using disproportionate
force and are demanding it
withdraw its forces to pre-con-
flict positions in, accordance

‘ with the cease-fire.

Western government

acknowledge Georgia launched
an offensive against the city of
Tskhinvali. But they stress that

Georgia was under increasing
pressure amid growing Russian
support for the separatist gov-

ermments of South Ossetia and
_ another breakaway region,

Abkhazia.

Rather than the final hours
before war, "More important is
to focus on what was happening
over a couple of years," said the
U.S. ambassador to NATO,
Kurt Volker, who was in Geor-
gia with a NATO delegation.

He referred to economic and

‘diplomatic moves targeting

Georgia in addition to "the
massing of forces in the North
Caucasus" — in Russia near the

- Georgian border.

"No matter how we end up
parsing out those few hours in
the early morning of Aug. 7,
Georgia was responding to a
long period of Russian pressure,
including violence that was
going on, with shelling from
South Ossetians," Volker said.
"(Georgia) made the decision
to go into Tskhinvali, which was
the trigger the Russians were
looking for to launch this pre-
planned invasion."





t

PAGE 20, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



INTERNATIONAL NEWS

United Nations: 1,445 Afghan

civilians killed in 2008 violence ©

q :
@ By JASON STRAZIUSO
KABUL, Afghanistan

The United Nations said
* Tuesday that 1,445 Afghan civil-
ians have been killed so far this
year in attacks by insurgents or
U.S.- and NATO-led forces — a
40 percent increase over 2007,
according to the Associated
Press.

Exactly 800 of the deaths, or
55 percent, were caused by Tal-
iban fighters and other insur-
gents, the U.N. report said. It
said that was almost double the
462 civilian deaths attributed to
anti-government fighters in the
first seven months of last year.

U.S., NATO and Afghan
troops killed 577 civilians, or 40
percent; including 395 deaths
caused by airstrikes, the report
said. That was up 21 percent
from the 477 deaths that the
U.N. said were inflicted by pro-
government forces in 2007.

An additional 68 civilians
died in crossfire or other inci-
dents for which U.N. officials
couldn't determine responsibil-
ity, the report said.

The U.N. did not say how its
human rights monitors collected
statistics on combat deaths, dis-
cuss its sources of information
or their reliability, or say how it
confirmed a death involved an
innocent civilian and not an
insurgent fighting without a uni-
form. :

+ President Hamid Karzai has
long complained that civilian
deaths. caused by U.S. or
NATO military action under-
mine his government and the
international mission.

The issue was propelled to.

the forefront of U.S.-Afghan
relations when an Afghan com-
mission found that an Aug. 22
U.S.-led operation in the west-
ern village of Azizabad killed
90 civilians, including 60 ‘chil-
dren. That finding was backed
by a preliminary U.N. report.
Karzai's spokesman told The
Associated Press on Sunday
that the raid didn't kill "a single
Taliban," and that it had

PARAGIGE GLAND.

ATLANTIS

ent: 10 am - 10 pm.

strained U.S.-Afghan relations.
Spokesman Humayun
Hamidzada said the U.S. acted
on false information provided
by a rival tribe.

The United Nations said its
count included 92 civilian
deaths attributed to the Aziz-
abad operation, although the
US. is still investigating the inci-
dent.

Not only civilian deaths are
up. The killing of two American

‘soldiers Thursday raised the

number of U.S. military deaths
in Afghanistan this year to at
least 113, surpassing the previ-
ous yearly high of 111 recorded
in 2007.

With violence escalating,
Gen. David McKiernan, the
senior U.S. general in
Afghanistan, said Tuesday that

‘he is fighting the war with too

few ground troops. He said the
shortage compels him to rely
more.on air.power, at the cost
of higher civilian casualties.

The U.N. said 330 civilians
died in August alone.

"This is the highest number
of civilian deaths to occur in a
single month since the end of
major hostilities and the ousting
of the Taliban regime at the end
of 2001," U.N. human rights
chief Navi Pillay said in a state-
ment.

Pillay called for greater trans-
parency in accountability pro-
cedures for U.S. and NATO
forces involved in civilian casu-

alties.
A record number of U.S. and
NATO troops are in

Afghanistan — meaning more
troops to carry out more mis-~
sions — and the use:of airstrikes
has spiked this year. There are
more than 65,000 international
soldiers in Afghanistan, includ-
ing some 33,000 American per-
sonnel.

Still, increasingly violent
insurgents were responsible for
the majority of civilian deaths,
the U.N. stressed.

Many of the Afghans killed
were simply in the wrong place
at the wrong time, when insur-



THIS PHOTO TAKEN by a cell phone on Aug. 22 obtained by the Associated Press Tuesday Sept: 9, 2008, shows an Afghan child who was alleged-



AP Photo/HO



ly killed during a US- led raid in Azizabad village of Shindand district of Herat province west of Kabul, Afghanistan. The bodies of at least 10 chil-
dren and many more adults covered in blankets and shrouds appear in pictures obtained by The Associated Press, lending weight to Afghan and
U.N. allegations that a U.S.-led raid last month killed more civilians than the U.S. reported. ,

gent suicide bombers detonated
their explosives or when road-
side bombs went off in trying
to attack military targets.

But the U.N. also said mili-
tants are increasingly targeting
Afghans that the insurgents sus-
pect of working with Karzai's
government or international
military forces. It counted 142
summary executions 'conduct-
ed by the Taliban and their

allies. "There is substantial evi- .

dence indicating that the Tal-
iban are carrying out a system-
atic campaign of intimidation
and violence aimed at Afghan
civilians they believe to be sup-
portive of the government, the
international community, and
military forces," Pillay said.



After the bombing in Azizabad,
the Afghan. government
announced it would review its
"status of force" agreement
with the U.S. and NATO and
review. whether to demand an
end to airstrikes and operations
in Afghan villages.

AUS. military review found
that up to 35 Taliban fighters
and seven civilians died in the
raid. But after video of Aziz-
abad surfaced showing dead



children and dozens of bodies,
the U.S. said it would send a
one-star general from the Unit-
ed States to investigate.
Afghanistan's Interior Min-
istry, meanwhile, said Tuesday
that militants had killed 720
police officers over the last six
months. In all of 2007, militants
killed about 925 police — mean-
ing the pace of attacks this year
has increased. ith
Afghanistan's 80,000 police

have less training and less fire-
power than the Afghan army,
making them a favorite target
for militants. Police officers also
travel in small groups through
some of Afghanistan's most
dangerous territory. More than
4,200 people — mostly militants
— have died in insurgency-
related violence this. year,
according to an Associated
Press tally of figures from
Afghan and Western officials.

AP Photo/Musadeq Sadeq



AN ITALIAN SOLDIER of the NATO-led International Security Assistance Force (ISAF) stands guard on the

main road following a suicide car bomb attack on the out skirts of Kabul, Afghanistan, Saturday, Aug. 30,
2008. A suicide bomber in a vehicle attacked a foreign military convoy west of the Afghan capital Satur-
day, but no troops or civilians were killed, a provincial police chief said.



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THE TRIBUNE FRIDAY, SEPTEMBER 19, 2008, PAGE 21



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TBS Loves Raymond |drinks too much gets astrange- |Wesley Snipes, Robert Downey Jr. Sam Gerard gets caught up in another} .
nc wine at dinner. looking tan. © |fugitive case. (CC) (DVS) ‘

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TNT der “Hate” © —_|young Boston man must deal with his genius and emotions. (CC) WILL HUNTING
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ea MLB Baseball Chicago White Sox at New York Yankees. From Yankee Stadium in the |WGN News at Nine (N) © (CC)

=| mm





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for Clark. (N) (CC) from hell. (N) (CC) \ '
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Type (CC) 0 (CC) : deadly serpents. 1 ‘R’ (CC)

6:30) * *% THE BOXER 997, | %*% MICHAEL CLAYTON (2007, Drama) George Clooney, Tom

HBO-P rama) Daniel Day-Lewis, Emily {Wilkinson Tilda Swinton. A fixer at a large law fim does his employers’ |September pro-
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a % x FRACTURE (2007, Suspense) Anthony | * % THE DEVIL WEARS PRADA aa Comedy) Meryl Streep, Anne
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with a dangerous suspect. 1 'R’ (CC) fashion magazine. 1 ‘PG-13' (CC)





What to Watch








a 4; THE] x « & THE BOURNE ULTIMATUM (2007, Action) Matt Damon, Julia | %% DREAMGIRLS (2006) ;

MAX-E EPLACE- Stiles, Joan Allen, Jason Bourne continues to look for clues to unravel his |Jamie Foxx. Three singers learn ’ Ye

MENTS (2000) ? Dh, i,
:10) & & x THE LAST KISS (2006, Comedy-Drama) | * x * BREACH (2007, Suspense) Chris Cooper, Ryan Phillippe, Laura - ee] ta”_g” SEL ET

MOMAX rey Braff, Casey Affleck, Michael Weston. Pion Linney. A young FS amniiee mit prove tal an ener agent is a i e G ift C e rti f ; C at e ce
ee % % DAD-|(:15) %* % SCHOOL FOR SCOUNDRELS (2006, Romance-Comedy) Bil- ,

SHOW s[DY'SLITTLE. {ly Bob Thornton, Jon Heder, Jacinda Barrett. iTV. A professor and a stu-

. 6:15) & %% THE) % %% DEVIL IN A BLUE DRESS (1995, Mystery) Denzel Washington, _|SPLINTER iene Tom Sizemore.
TMC OOD WIFE —_|Tom Sizemore, Jennifer Beals. A detective scours 1948 Los Angeles for a Members of Los Angeles gangs turn

true identity. O ‘PG-13' (CC) that fame has a high price. (CC)
come to terms with turning 30. 1 ‘R’(CC) mole. 1 'PG-13' (CC
oe Mithown ue or oe ° Pre
orders Mike |Borders Mike Oe ee
GIRLS (2007) —_|dent love the same woman. 1 ‘PG-13' (CC) Winfield. (N) Winfield. (CC) ee ie m ake £ re at 8 i fts ' oe
(1986) ‘R’ mysterious woman. 1 ‘R’ (CC) up tortured and dead. ‘R’











PAGE 22, FRIDAY, SEPTEMBER 19, 2008

THE TRIBUNE



CALVIN & HOBBES

» Jrore XN Yer. GET Your
: : PACKING?) TOOTHBRUSH,
HOBBES. WE'RE

ITS AN OUTRAGE HOW
GROWN-UPS HAVE POLLUTED
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YOU KNOW,
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YOU'RE A REAL
LOAD To HAVE





Sudoku is a number-placing puzzle based on a 9x9 grid with
several given numbers. The object is to place the numbers 1 to °
9 in the empty squares so the each row, each column and each
3x3 box contains the same. number only once. The difficulty
level of the Conceptis Sudoku increases from Monday to



OFF. MAYBE I pe : A :
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Difficulty Level * *&

Best described as a number crossword, the task in Kakuro is to
fill all of the empty squares, using numbers 1 to 9, so the sum of
each horizontal block equals the number to its left, and the sum
of each vertical block equals the number on its top. No number
may be used in the same block more than once. The difficulty
level of the Conceptis Kakuro increases from Monday to Sunday.







©2008 Conceptis Puzzles, Dist. by King Features Syndicate, Inc.

9/16










(©2008 by North America Syndicate, Ine. World rights reserved.











©2008 Conceptis Puzzles, Dist. by King Features Syndicate, Inc.









rmlalor
lo|o

TIGER Difficulty Level *« 3 9/16




val
MY THUMG HURTS © CAN You PREVENTIVE








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victory Can you find White's winning

HAGAR THE HORRIBLE

BE SURE YOU REPORT THIS AS
- INCOME, HAGAR SIM TAKING THOSE
ITEMS AS A TAX LOSS /





5 Gigh!< EVERYWHERE
YOU TURN, THERES MORE
PAPERWORK £



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i y\ WHEN LBANGIT, CURE IT? MEPICINE
i WITH A HAMMER: :

, i wen i _. Andres Rodriquez v Leon Hoyas, move? Coulsdon stages af open-to-all
z Buenas Aines 2003. White fto move} one-day taurractent tomorrows The
j seems in desperate, dive straits. Black venue is conveniently near Coulsdon
5 threatens a simple mate in two by South and Siitham stations,

i Rhi> BE QE2 mate, while Qf2+, Qg3+ there ig a friendly atmosphere, all
: “or Buen RxaZs are also crushing. competitors play the hal ix games ”
i ' ' Meanwhile, the white queen has po gach lasting one hour maximum,
saasonable checks available since
Black's {7 pawn is guarded. Yet the
placement of the pices is such thahit
ig White, not Black, whe has a forced



HOW suany words of four lellers

Ake The : OF more can you make from the
Glownsé i betters shown here? In making 3
. Target : word, each letter may be ased
: HSeS : once only, Hach must contain the
ay : ‘ , | eentre letter and there must be
She Zio, / words ig. ; at least one nine-letter word.
: : No plurals.
rie a the malt TopaY's TARGET
ey i: PS) SSS hody of | Good 21; very good 32; excellent 42
: ©2008 by King Features Syndicate, Inc. World rights reserved. | —p yc ye embers SATURDAY'S SOLUTION
2ist : agar alga angel anger angle
Century | angler ARCHANGEL cage
rae i garnage change changer charge
; Dictionary © cisne clanger cleg crag gala
CRYPTIC PUZZLE (1999 alah gale galena gean gear
: aes i glance glare glean glen grace
s edition}. | gran hang hangar hanger lager


















i large raga rage ragian rang







































Skyscape, 19 Eiffel, 20 Choir, 21
State, 22 Store.



For keeps, 19 Allure, 20 Dante, 21
Rowan, 22 Heady.





Declarer played low from dummy,
taking East’s ten with the queen. He
next played a club to the king, but
when East wisely held up his ace and

Across Down i
; i range regal regnal
1 Unbeliever is at the 1 She is along i
assembly (7). » time around
5 Having members the North (5)
carrying ; ' 2 He takes the lot (7,6) a
weapons (5) ; 3. Indolence shown in a rite, fed
‘ "1
8 Unimportant Arab chiefs, perhaps (7) Patek Sikes] safe
we hear (2,5,6) 4 Carries about a thousand P| | Look Before You Lea p
9 Had the odour of fish (5) emblems (6) ; eed Pete ol eo [a Pveacle desalics
10 Time taken by a secretary 5 Like a layer of wood (5) North dealer. also ducked the next club, South
7 . | sl 4 hd ee ou led Neither side vulnerable. found himself in dire straits. He
y) : ‘ ee an ere NORTH could establish the club suit if he
11 Catch 10 out with a quick busy? (4,6,3) alte PP eae acatiead corked cee in @Al4 wanted to, but since he had no subse-
blow (6) 7 Retired from employment? ed Pal a ea = A La re 2 4 haat sig a ae ee
Â¥ uSsINess. SO! 5 )
12 Indeed upset when (7) = #K 102 down two.
refused (6) 11 Show part of the evidence a, dee ee ael Pe oped) all“ fie WEST EAST The sad part of the affair was that
ae : @Q73 @K986 nothing could have stopped declarer .
15 The rain disturbed the in court (7) V¥K9763 ¥102 from making nine tricks if he had
lock-keeper (7) 13. Deliberate destruction of. Ww Across pown 594 #Q1052 played the hand correctly. All he had
: _ ad 1 Aconifer (7) 1 Intersect (5) #64 #A 83 to do to assure the contract was to
17 As a guardian, he was fab- character, maybe (7) SOUTH lay the ace of hearts from dummy at
. ; N 5 Amonastic superior 2 Chance to be pros- play a my
ulous (5) 14 Produced in a dramatic N (5) (5,2,3,3) $1052 trick one, resisting the temptation to
as : d — Perous (9,2,9, ¥QI4 let the lead run to his hand. By doing
19 Promising gardening corre- way (6) Oo. 8 Extensively (2,1,5,5) 3 Model (7) #86 so, he would have preserved the Q-J
spondent? (7,6) 16 One is disturbed by it (5) 9 Precipitous (5) Ai Fernananle (6) &QI975 of hearts, one of which was certain to
20 Fit sound project (5) 18 She would pack a right in - : ‘ The Didkting: provide him yith an entry to his
a wee 9 ” 10 Radio aerial (7) 5 Valuable attribute (5) | North Kast South West clubs later on.
21 Imagined me in terror (7) a scrap (5) LL h d ion (13 3 NT declarer plays clubs until the ace is
pmoure session (13) Opening lead — six of hearts. dislodged. Regardless of which
‘ F ; : teasing (6) 7 Curative treatment defender wins the club, no return can
Yesterday’s Cryptic Solution Yesterday’s Easy Solution 12 Unequivocally (6) (7) After you’ve played bridge a prevent declarer from scoring fous
: hil learn — usud iamonds, tw
Across: 1 Stoat, 8 Dr Jekyll, 9 Islet, Across: 1 Pilot, 8 By chance, 9 15 Shakespearean 11 Uncouth (7) biter op Bees ee oe cei aoe oe -
10 Eye-teeth, 11 Faust, 12 Rep, 16 Pluto, 10 Up in arms, 11 Cagey, 12 tragedy (7) 13 Middle East country — action plays should be carefully A heart return establishes an
Nicole, 17 Eureka, 18 Vet, 23 Chest, Gab, 16 Guyana, 17 Option, 18 Pay, 47 gc ootich poet (5) (7) avoided. There is no reward for entry to the closed hand immediately,
24 Hot stuff, 25 Ducal, 26 Internee, 27. 23 Works, 24 Above all, 25 Riven, 5 speed in bridge, and long experience while a diamond return allows
Jewel. 26 To and fro, 27 Tease, 19 Flimsy (13) 14 Ahand-beaten drum shows that it’s far better to think first declarer to win in dummy and estab-
Down: 2 Tasmania, 3 Aversion, 4 Mr Down: 2 In league, 3 On the way, 4 20 Conveniently (3-3) of what you’re about to do before _ lish the heart entry himself. A spade
Hyde, 5 10th, 6 Lyres, 7 Aloha, 12 Myopia, 5 Chink, 6 Snare, 7 Sense, near (5) 16 Foyer (5) you actually do it. return similarly causes no problem,
Rev, 13 Pet, 14 Archduke, 15 12 Gap, 13 Boy, 14 At no time, 15 a Consider this deal where West led since the 10-5-2 facing dummy’s A-
21 Administrator (7) 18 Of the sun (5) a heart against three notrump. J-4 assure South that, no matter

which defender wins the club and
shifis to a spade, he has the necessary
intermediate cards to assure the con-
tract.

Tomorrow: Avoiding a finesse.
©2008 King Features Syndicate Inc.



THE TRIBUNE THURSDAY, SEPTEMBE 23









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PAGE 24, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



INTERNATIONAL NEWS

Probe finds flap
failure on doomed
Madrid plane

@ MADRID, Spain

WING FLAPS that help lift a
dlane on takeoff failed on the
Spanair flight that crashed last
month and an alarm to warn
pilots of the problem never :
sounded, according to an initial :
report Tuesday on the accident :
that killed 154 people, accord- :
ing to Associated Press. i

The investigators did not say :
whether they believe the flap :
problem caused the Aug. 20 }
crash that killed all but 18 aboard ;
the MD-82. They offered no the- :
ory on what triggered Spain's :
- worst air disaster in 25 years.

Investigators also said they :
needed to further study a mal- :
function of an air temperature :
gauge outside the cockpit, which :
forced the pilot to abandon a :
first attempt at takeoff just :
before the crash. Spanair has :
described it as a minor glitch that :
was resolved by turning off the :
gauge because it was not essen- :
tial equipment. :

However, the report said the :
faulty gauge might be linked to }
the failure of the cockpit alarm :
horn, which is supposed to sound :
when a departing plane is not :
properly configured to get off :
the ground. :

The findings were drawn from :

the flight data and cockpit voice : '

recorders which showed no evi-
dence of problems with the :
plane's two engines. :

A Spanair official declined to }
comment on the report. i

_ The investigation found wing :
flaps — moveable panels.on the :
trailing edge of a plane's wings :
that provide extra lift during :
takeoff — failed to extend. But :
the pilots were unaware of the }
problem because the cockpit :
,alarm did not go off. :

The flight data recorder :
revealed that from the time the :
engines started on the runway }
until the crash, sensors measur- :
ing the position of the flaps gave :
a reading of zero degrees, which :
means they did not extend as }
they were supposed to. :

A loud horn should have gone :
off in the cockpit; but "the cock- :
pit voice recorder registered no :
sound from the takeoff warning :
system," the report said. i

Some ofthe 18 survivors have :
said the plane struggled to.gain :
speed and altitude during take- :
off. The report ‘says the plane :
only got 40 feet off the ground. }

BLACK
SWAN

% ac rai ge 1p!



@ HARARE, Zimbabwe

ZIMBABWE'S prime min-
ister-designate said Tuesday
he does not trust longtime
ruler Robert Mugabe but
believes he is committed to
their new power-sharing deal.

In an interview with The
Associated Press, Morgan
Tsvangirai also said he
believes the international
community will rally to help
end Zimbabwe's political and
economic crisis, which has
spawned hyperinflation and
sent thousands fleeing to
neighboring South Africa
every day.

Mugabe ceded some power
in Zimbabwe for the first time
in 28 years, signing a power-
sharing deal with Tsvangirai

and a leader of a splinter’

opposition faction Monday.
"The deal as far as we are

concerned is the best thing for _

the country," Tsvangirai said
at his home in the capital.

"We will be able to work with- ,

in the deal to achieve the nec-

-essary transformation."

Meeting with reporters for .
_ his first interviews since sign-
‘ ing the deal, the 56-year-old

Tsvangirai looked confident
but tired as he spoke about
the hard work ahead.

Under the pact, already crit-
icized by other opposition
leaders, Mugabe remains pres-
ident and head of government,
chairing the Cabinet. Tsvan-
girai will be prime minister
and head of a new Council of
Ministérs responsible for
forming government policy.
He is deputy chairman of Cab-
inet.

The new government is
expected to be sworn in this
week. _

'. Long-simmering, bitter dif-
ferences and the nation's eco-
nomic collapse — inflation is
officially running at 11 million

S MULTIPLE MEDALS AT |
B 2008 MONTEREY COMPETITION |



MORGAN TSVANGIRAI speaks at his home a day after the historic signing of the power sharing deal which saw him becoming the new

Tsvangirayi Mukwazhi/AP



Prime Minister of Zimbabwe in Harare Tuesday, Sept, 16, 2008. According to some government officials the power sharing deal, ending

months of anguished negotiations, gives the opposition cont

conian security and media laws a priority.

percent — put the deal under
intense pressure. ©
Tsvangirai was asked if he
trusted Mugabe.
"Ask me a generic question
and I say 'No' because of the
experience I have had with

- him;" he responded. "(But) I

trust he is committed to this





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agreement, I trust he wants
this deal as much as we do.
He wants to move forward
because it is part of his lega-
In the decade that he has
opposed Mugabe, Tsvangirai
has been tortured, detained
repeatedly and went through a
treason trial with a possible
death sentence.

On the windowsill in his
home office a sign reads: "I
wish a long life to my enemies
so they may see all my suc-
cesses."

Tsvarigirai said the support
of international community as
well as financial institutions
such as the World Bank and
the International Monetary
Fund is "essential for creating
international confidence."

"This is the beginning of
building the necessary confi-
dence for investment and aid.
We are confident that we will
be able to lay the groundwork
for encouraging people
(investors and aid agencies)
to come to the country," he
said.

Wary Western leaders say
they are waiting for the new
government to prove its com-
mitment to democracy.

U.S. Ambassador James
McGee told the AP the Unit-
ed States is adopting a "very

- careful wait-and-see stance"

sabout the. power-sharing
agreement.

"If this works out the way
Mr. Tsvangirai hopes it will,
we will be very willing to work
with the people of Zimbab-
we," McGee said.

He said Washington is com-
mitted to doing what Tsvangi-



AFRICAN LEA

WV.

rai has requested — "taking

care of food insecurity prob-
lems" of Zimbabwe's people.

The International Red
Cross estimates more than 2

_million people are hungry in

Zimbabwe, and that the num-

' ber is going to rise to 5 mil-

lion, about half the popula-
tion, by year's end. ,

"We will step forward, we
have food in country, in the
region and food on the high
seas destined for Zimbabwe,"
the U.S. envoy said.

McGee added that Zim-
babwe's new government
needed to ensure that non-
government organizations
have access so they can deliv-
er the food. Only last week,
Mugabe lifted a monthslong
ban on organizations deliver-
ing food aid after accusing
them of favoring the opposi-
tion.

Besides getting food to hun-
ery Zimbabweans, Tsvangirai
said his priorities are to build
a more democratic society and
free the media. State abuse of
power "has to go," he said.

The deal has been criticized
privately by some in the oppo-
sition who are unhappy that
it gives Mugabe too much

power. They fear he will |

exploit that, especially by play-
ing on tensions between the
two opposition groups.

Also critical is the Zimbab-
we Congress of Trade Unions,
which brought Tsvangirai to
prominence. It said the agree-
ment had been negotiated
only by politicians without
input from civil society, that
it did not respect the March
presidential election in which



sc pee

DERS from left, President of Zimbabwe, Robert Mugabe, King Mswati II! of Swaziland, Thabo

rol of cabinet and police who have terrorized them and makes removing dra-

Tsvangirai and his party won
more votes than Mugabe, and
did not provide for a transi-
tional government to organize
new elections.

The agreement provides for
a new constitution to be
drawn up and a referendum
on it to be held within two
years. .

Tsvangirai tried to allay
fears that the agreement will
bring government paralysis.

"It is work in progress, It
has not dawned on people
how much hard work there is
to do," he said.

The agreement provides for

31 ministers — 15 nominated™
by Mugabe's party, 13 by.
Tsvangirai and three by

Arthur Mutambara, leader of
a smaller opposition faction..

Parties have started talks on.

allocating Cabinet posts.
Tsvangirai said the matter
would be resolved by VYednes-
day.
Opposition leaders want the
Home Affairs Ministry that

would give them charge of the

_ police who have terrorized

them and their supporters this
year, and Mugabe would
retain the Defense Ministry.
Tsvangirai said he faced a
range of emotions at Mon-
day's signing ceremony.
"People have traveled this
long road," he said. "In this
conflict of emotions, should
we celebrate or restrain our-
selves: because of the uncer-
tainty of the future?"
Tsvangirai decided to focus
on the future, adding that he
was "really moved by the
mood of the people and the
hope that is in the people."

Tsvangirayi Mukwazhi/AP

penne eens





Mbeki, of South Africa, Morgan Tsvangirai, new Prime Minster of Zimbabwe, Jakaya Kikwete of Tanzania ,
Armando Gebuza of Mozambique and Namibian President Hafikepunye Pohamba at the signing of the power
sharing deal between President Robert Mugabe and Morgan Tsvangirai in Harare Monday, Sept, 15, 2008.
Thousands of supporters of Zimbabwe's rival political parties pressed into the compound where their leaders
just signed an historic power-sharing deal to cheer the leaders. Police first tried to keep out the crowds Mon-
day, firing warning shots and using riot dogs. But that became impossible once the gates had been pushed
in, and the crowds calmed once they were inside.

Zimbabwe leader: Power |
sharing is best for nation

—b—









SES = B

Retailer: 100% theft
level growth in ‘08

i

@ By NEIL HARTNELL
Tribune Business Editor

major Bahami-

an food retailer

yesterday told

Tribune Busi-

ness that the

level of stealing it was suffer-

ing - both staff and customer

theft - had increased by 100 per

cent over the last six to nine

months, its president attribut-

ing part of the rise to the wors-
ening economy.

Gavin Watchorn, Abaco
Markets’ president, said:
“We’ve seen what I can only
describe as an explosion in theft.
Literally, we are seeing five to
10 cases a week, both customer
and staff theft.

“Just last week, we had to ter-
minate a total of seven to nine

City Markets projects sales dip to $137m

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMAS Supermarkets
management are projecting

that sales for the company’s:

2009 financial year will drop
~ slightly below the $140 million
norm to $137 million, due to
the declining*economy, with
the firm’s return to profitabili-

ty dependent on enhanced cost _

containments.. \
Addressing the company’s
annual general meeting

Bahamas must ‘

~~ STREET

THURSDAY,

SECTION B e Metecleriitcac emi

staff at one ‘of | 3

the stores
because they
were either

involved in run-
ning a theft ring,
or they were |@
aware of it and
did not bring it |4
to anyone’s

attention, which Watchorn

_ is just as bad.”

Mr Watchorn.
said it was not just high-value,
luxury items such as TVs and
digital cameras that were being

stolen, but basic everyday food °

items as well.

He said that in one case, Aba-
co Markets caught one old man
trying to steal cabbage valued at
less than $1. Saying he would
have given it to the man had he
asked, Mr Watchorn said: “It’s a




SEPTEMBER





18,

2008,






Money Safe.
Money Fast.

at

‘|® Bank of The Bahamas

“WINTERNATIONAL

* Abaco Markets chief says ‘drastic’ increase in internal and
customer stealing made by worse by economy downturn
* $3m of $10m projected City Markets loss attributed :
to shrinkage rise, with chain having let go almost.
one in 20 staff for alleged theft
* Employers fail to get justice against rogue workers
* Abaco Markets sees doubling of staff requests
for loans and pay-day advances |

sign of the economy and how
the average person is hurting.”

Apart from resulting in lost
sales, profits and reduced share-
holder value, the Abaco Mar-

One analyst ‘shocked and unsettled’
by possible $10m loss revelation’

(AGM), Anthony King, Bar-
bados Shipping & Trading’s
(BS&T) chief executive and a
Bahamas Supermarkets direc-
tor, said: “We have to recog-
nise the economic situation we
are in was not what it was.
“We want to achieve sales in
excess of $140 million, but until
we face the fallout of the eco-

concede’ need

to improve in ‘many areas’

@ By NEIL HARTNELL
Tribune Business Editor

OBJECTIVE
examiners would
“have: to con-
cede” that the
Bahamas, has “to
improve in many
areas” when it
comes to service
delivery and mak-
ing it easier to do
business in this
nation, the minis-
ter of state for
finance told Tribune Business.

Zhivargo Laing said that
regardless of the findings con-
tained in the World Bank’s
Doing Business 2009 report,
which saw the Bahamas slip
from 51st to 55th place when it
came to combating red tape and







bureaucracy that impacts busi- | |

ness, this nation had to
“improve” to enhance its eco-
nomic competitiveness.

“Any examination of how we
operate in many areas would
have to concede” that the
Bahamas had to make improve-
ments before it could “be
regarded as a place to do busi-
ness or consume certain goods,”
Mr Laing told Tribune Business.

“We have to improve in many
areas for serving domestic con-
sumers and international clients.
There are things we do very well,
and things we don’t do very well.
There are things the Govern-
ment sector does very well, and
things it doesn’t do very well.
There are things the private sec-
tor does very well, and things it

doesn’t do very well.

“We have to improve in this
country.”
This improvement, Mr Laing

said, needed to happen regard- ©

less of whether the World Bank
report existed or not. He added

. that the Government, private

sector and all residents “always
ought to be concerned about
how it [the Bahamas] is faring
vis-a-vis the rest of the world in
how easy it is to do business”.

“We are always looking at
processes,” Mr Laing said of the
Government. “I know very few
services under the Ministry of
Finance that are not under
review - the Customs Depart-
ment, the Treasury Department,
the Public Service. We are look-
ing at all these areas, and asking
the private sector to tell us
what’s vexing [about dealing
with them].

“I’m disappointed we’re not
moving as quickly as I'd like, but
the reality is that we have to

SEE page 4B

nomic situation before us, we
have to be cautious, trim
expenses and restructure the
company. We want to look at a
number, somewhere:in the
region of $137 million, and

restructure the. company

around that number.”

_.SEE page 3B

kets president said it was ulti-

mately the Bahamian consumer .
_who paid the highest price for
_ soaring theft levels.

“Who suffers is the consumer,

because we have to build it into
our pricing,” Mr Watchorn
explained. “Given the level of

SEE page 6B.

Surcharge cap impact |

lessened by oil price fall

mBy CARABRENNEN- BETHEL

Tribune Business Reporter -

‘THE Government’s decision to cap BEC’s fuel surcharge for
households using less than 800 kilowatts per month at $0.15, while a ~

*

major help to lower income families, may not lead to a substantial
drop in bills by itself if the current global oil price declines continu€.

Al Jarret, a former chairman of BEC, told Tribune Business yes- .
terday that since July -11,-20908, the cost of a barrel of oil had
.. dropped from around $147 to-$90, which would lead to a significant.

decrease in the fuel surcharge anyway. ~

“Looking at the trends over the
- past several years, Mr Jarret noted



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Arawak Cay
port out to
‘bid in '20

weeks time’

* Costs estimated at $60m,
with facility operational
in 12-26 months

* No shareholder to own
more.than 15%, with’
Bahamians owning
minimum of 60% of port

@ By NEIL HARTNELL
Tribune Business Editor

FEASIBILITY studies for the
proposed Arawak Cay shipping
port are scheduled to be com-
pleted within 20 weeks, and the
bid document for its construc-
tion issued in-20-weeks, the
chairman of the company over-

' seeing its development told Tri-

bune Business yesterday. -
Jimmy Mosko, who is heading
the Arawak Cay Port Develop-
ment Company, told Tribune
Business that all environmen-
tal, engineering and economic
studies on the new port’s feasi- °

_ bility were “being fast tracked”.

“We have a 16-week sched-
ule to complete the drawings,

- and will start to go out to bid

[on the construction] in.20
weeks,” he told Tribune Busi-
ness yesterday. “We have hired
all the consultants and they’re in
place. We have a meeting
tomorrow [today] with KPMG,
[on the business plan]. It’s all
moving very quickly, starting

SEE page 6B

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PAGE 2B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



IN assessing the legal and
regulatory requirements for
Bahamian executive and non-
executive directors, given inter-
national standards of best prac-
tice and corporate governance,

BARE AHED VER

it is important to consider the
following issues before accept-
ing an offer to act as a compa-
ny director.

. It is recommended that a
person conduct thorough due



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diligence on a company before
accepting to act as a director.
This due diligence search
should include, but not be lim-
ited to, a proper inspection and
review of a company’s financial
statements and annual reports;
any pending or. potential liti-
gation; management experi-
ence and oversight of the
senior executive team; and the
company’s overall corporate
and compliance culture.
Accompanying the due dili-
gence search, a corporate gov-
ernance audit should also be
undertaken by the prospective
director to ensure the company
is establishing, maintaining and
adhering to good corporate
governance. A proper under-
standing of the high standard
of duty, skill and care expected
of directors and. senior man-

Le im

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October 3", 2008.

We will allow our employees / students to show their support and in honor of a loved one on
National Denim Day by wearing jeans in exchange for a donation per person.



by Tyrone Fitzgerald

agement, and the prudent dis-
charge of their duties and
responsibilities - both inter-

‘nally and externally, within the

ambit of the law, regulations
and international best practice
- are the key factors that
underpin an effective corpo-
rate governance regime.
Prospective directors should
pay close attention to a com-
pany’s compliance with applic-
able laws and regulations, its
Code of Conduct and Ethics,
and policies and procedures
involving .its employees, ser-

vice providers and other stake-
holders. Particular attention
should be paid to the appoint-
ment, role and effectiveness of
audit, fiduciary and risk man-
agement committees, and the
compliance department’s inde-
pendence in carrying out its

. mandate.

The integrity, experience
and effectiveness of existing
members of a company’s
Board of Directors is another
important consideration before
accepting to act asa director,
and whether they will reason-
ably and effectively act in the
company’s best interests. The
same assessment should be
made of the senior executives
and management team, and
the proactive, risk- -based man-

_ner in which they. identify,

measure, monitor, control and
minimize risks to the company.

Prospective directors should
carefully review all existing and
proposed directors and offi-

cers’ insurance.policies and,

indemnification provisions.
This will ensure they are prop-
erly protected from liability
and other potential risks in act-
ing as directors. The severabil-
ity and allocation of the direc-
tors and officers’ insurance
policies, and the nature and
reliability of the insurance car-
rier, should also be assessed.
The role, risks and responsi-
bilities of directors, as well as
the standard of duty, skill, care
and attention required of direc-
tors, both in law and good cor-
porate governance, must be
properly understood before
accepting to act as a director.
Prospective and existing direc-
tors should also.be mindful of

- any potential conflict(s) of

interest between their duty to
act as a director and their per-
sonal interests that could ben-
efit from such a position. They

must ensure full and proper —

disclosure is made of such con-
flicts and, where necessary, the
appropriate approval and
authorisation is obtained from
the Board of Directors.

The foregoing considerations

are by no means exhaustive; '

particularly when prospective

directors understand their

Come on Board through caution

potential and increasing liabil-
ity and risk exposure for par-
ticipating in the boards of
today’s modern businesses.

As mentioned previously,
directors are required to exer-
cise the duty of care, diligence
and skill that a reasonably pru-
dent person would exercise in
such a position, whether as an
executive director, responsible
for the daily operation and
management of the company,
or as anon-executive director,
acting independently of the
actual day-to-day management
of the company.

The fiduciary relationship
that a director owes to a com-
pany is one of trust, loyalty and
integrity in acting in the best
interests of the company. It is

‘something that must not be

underestimated, undermined
or overshadowed by overly-
optimistic considerations of
financial remuneration or per-
sonal and professional reward.

The increasing expectations
and responsibilities facing
directors today are clear
reminders of the importance
of prudent decision-making,
thorough due diligence, and
honest personal and profes-

‘sional self-evaluation before
‘agreeing to act in a role that

may sometimes be, quite
arguably, thankless and over-
whelmingly onerous, even to
the best and brightest.

NB: The information con-
tained 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 may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is
an attorney with Fitzgerald &
Fitzgerald. Should you have
any comments regarding this
article, you may contact Mr
Fitzgerald at Suite 212,
Lagoon Court Building, Olde
Towne Mall, at Sandyport,
West Bay St.,*P. O. Box CB-
11173, ‘Nassau, Bahamas or

at tyrone@tlefitzgerald-

group.com

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THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 3B



DC ie a oii
Destinations deal to bring better prices

w By CARA BRENNEN- BETHEL
Tribune Business Reporter

THE Destinations travel agency will
be able to provide better prices and
services to its Bahamian clients by
drawing on the bulk purchasing power
of its new Barbadian parent, Tribune
Business was told yesterday.

Hanif Moore, vice-president of oper-
ations at Going Places, part of the
Caribbean World Travel Services
group that acquired
Destinations,saidthat in the short to

mid-term it was unlikely that there will
be any changes to the Bahamian com-
pany’s daily operations.

The recent sale of Destinations, he
added, should not have a significant
impact on its operations in the country,
but may allow the company to offer
Bahamian consumers better rates.

However, Mr Moore said Destina-
tions will be able to benefit from the
vast resources of the Going Places
brand, which is prominent throughout
the Caribbean. “They will also be able
to benefit from our sales, because we

can purchase at volumes much higher
than they would. So they will be able to
offer more products and services, and
provide better rates to clients here,”
Mr Moore told Tribune Business.

Sale

Details of the sale and price paid are
being kept confidental, Mr Moore
explained, but he added: “Destinations
is a good fit for us because it provides
a Similar service to what we are offer-
ing in the Carribean.”

Destinations main shareholders are
understood to have been Charles and
Richard Farrington, the company hav-
ing been formed from the merger of
Mundy Tours and Playtours.

Right now, Mr Moore said Going
Places was famailarising itself with the
Destinations operations and had no
plans for staff or policy changes.

He explained that the Barbados
owners will not be bringing in anyone
to manage Destinations, and will
instead appoint a country manager
from the company here.

“We have to get an understanding of
how the company works here, but we
don’t usually go in and make a lot of
changes,” Mr Moore said.

Mr Moore said that for consumers,
nothing will change. “Destinations will
still be operating under its brand,
because we recongise that there is sig-
nificant brand recognition here and
that will not change.”

Destinations employs over 70 per-
sons at offices in Nassau, Grand
Bahama, Eleuthera, Exuma, Long
Island and Spanish Wells.

Royal Island developer nets $150 from 22 sales

CYPRESS Equities said it

has earned $150 million in rev-
enues by selling 22 properties
at its Royal Island project off
north Eleuthera.

‘Chris Maguire, chief execu-
tive of Cypress Equities, said:
“Jn an environment that is eco-
nomically conservative, these
sales are an affirmation that the
luxury réal estate buyer is stead-
fastly committed to the devel-
opments they want to be a part
of.

“Why Royal Island? It’s the
appeal of Royal Island’s full
range of amenities, the state-of-
the-art marina, our association
with the neighbouring Harbor
Island, and the enduring quali-
ty of both Jack Nicklaus and
Montage in collaboration with
our strong desire to make our
owners proud.”

Cypress Equities is leading a
$1 billion investment on Royal
Island, the five-mile-long pvi-

vate island that will become a
luxury residential resort and

hotel community when it opens

in 2010.

It is expected that the Royal
Island community will generate
$190 million in new taxes over a
20-year period for the Govern-
ment, according to economic
impact assessments.

Real estate offerings feature
oceanfront/oceanview estate
homes and villas, and marina
village residences, ranging from
2,237 to 7,370 total square feet.
Prices start at $2.3 million and
go up to $7.9 million. Offerings
also include one acre to 12-acre
oceanfront custom estate home-
sites starting at $4 million up to
$20 million. The first of about
269 residences is slated for com-
pletion in 2009. -

The Montage Royal Island
Bahamas boutique hotel, with
58 guest rooms and 26-suites,
will have four restaurants and

Spa Montage.

“Royal Island is not only.a
resort development,” Mr
Maguire said. “It’s a collabora-
tion of three of the most cre-
ative professionals in their
fields, who are creating a self-
contained private island with a
luxury residential component

including a recreational lifestyle ,

and all imaginable conve-
niences.” .

The three are former Dallas
Cowboys quarterback Roger
Staubach, who now heads a

global real estate advisory firm; .

golfer Jack Nicklaus; and Alan

Fuerstman, founder of Montage

Hotels and Resorts.
Behringer Harvard, a world-

‘wide commercial real estate
- investor, is also part of the

development team.

Mr Maguire said: “Our vision
was based on the knowledge
that people today want-an
escape or a home base that

MARKETS, from 1B

Stephen Boyle, Bahamas Supermarkets’ chief
caecutive, said $137 million in sales was likely.
“to maintain our market share” in a depressed
economic environment. '

He added that its market share might even
increase, as many Bahamian consumers, hit by
unemployment, reduced hotel work weeks and
rising costs, did not have the disposable income to’
fund major purchases.

“When you have occupancy rates of 11 per
cent at Atlantis and 7 per cent at the Sheraton,
you do not have many people spending money,”
tir Boyle. ; ie

' J Barrie Farrington, a fellow Bahamas Super-

markets director, added that the company would |

focus on cost containment and cost savings in a

prudent way, with the firm examining all its “pet-«»

ty cosis”.

Bahamas Supermarkets Board and manage-
ment received a much gentler ride from share-
holders at the AGM than many had expected,
especially given that they were told that the com-
pany, which operates the 12-store City Markets
chain, was likely to make a $10 million loss for the
2008 financial year.

The only real voice raised was that of Ken-
wood Kerr, Providence Advisors’ chief execu-
tive, who described the $10 million loss projection
as “shocking and somewhat unsettling”.

Basil Sands, Bahamas Supermarkets chairman,
said that out of that $10 million figure, which
was based on preliminary, unaudited data and
therefore subject to change, some $4.5 million
was believed to be one-time, non-recurring costs.

Another $3 million of that loss was believed
rejated to shrinkage, which Mr King had previ-
ously told Tribune Business “seems to have dou-

r
i
é
i






~ PREMIER TRAVEL

Tel.: 242.328.0264 | 242.328.0257 | 242.322.7371 | 242.325.6991
_ Fax: 242.325.6878 | www.premiertravelbahamas.com

bled” in financial 2008 due to an absence of inter-
nal controls. . :
Investors spoken to by Tribune Business after

the AGM believe that Bahamas Supermarkets’ .

woes are likely to be short-term, given that its
operations will now be run by Barbados Ship-
ping & Trading. That company has itself recent-
ly beén acquired by Neal & Massy, the Trinida-
dian conglomerate that has some $1.5 billion in
assets and generates annual net income of more
than $100 million.

That implies that Bahamas Supermarkets, and
its 78 per cent majority shareholder, BSL Hold-
ings, will enjoy massive financial backing from
Neal & Massy, and essentially not be allowed to
fail.

BS&T and its Trinidad-parent-have.already

shown their commitment: to*the-Bahamas by. «=|
pumping $5 million into BSL H6faitigs; some 50°*"

per cent of which was funnelled into City Markets
to pay down trade s and boost cash flow.

That injection, according to sources, came at a
time when no other BSL Holdings shareholder
wanted to inject further equity, despite Royal
Bank of Canada requesting this.

* When asked to explain the $800,000 increase in
staff salaries during fiscal 2007, Bahamas Super-
markets executives said this had been caused by
the addition of extra staff and a3 per cent salary
increase agreed with the union representing the
company’s workers.

“We identified gaps in the structure where key
positions had to be filled to take the company for-
ward,” Mr Boyle said. “For example, backdoor

receivers. There was no one responsible for.

receiving goods at the back door. We had to put
them in place and train them to move forward.”

Book your
travel anytime,
anyplace.

Use your local credit card.
Tickets are issued locally.







combines elegance, sincere
friendly service, sporting activ-
ities, every comfort imaginable,
and ultimately they want priva-
cy.” :
He said several residents have
bought adjacent homesites
reflecting the growing trend of
the “family and friends com-
pound”, which are primarily
“generational investments.”
Royal Island’s naturally-pro-

rit © Scholarship

tected 140-acre harbor will
house, a deep-water marina.

Two hundred slips are planned —

to accommodate 50 foot to 400-
foot mega-yachts. The marina
will have an exclusive members-
only captain’s club with a bar
and restaurant and a novel
dockside “concierge service” for
provisioning and serving yacht
owners. Fuel and marine repairs
will be available.



My Wife, Our Mother, “
Grand, Great-Grandmother, ~
CT TTT)

aT ae
Sea aa a aD

Sunrise: September 15, 1928
Sunset: September 16, 2005

MT PDE NES eT
lu tiN



RICARDO —
2 BONABY a |

On your promotion to _

} PROJECT ENGINEER

LAUNCH DATE:





¢ Service

. SEPTEMBER 22, 2008

¢Time: 9:00 A.M. * Venue: High School Courtyard
+Those who are invited: Former Board Members,
Former Staff, Former Students, Friends of Kingsway Academy

Alumni can contact the school at kingsways0@yahoo.com ;
or khamilton@kingswayacademy.com



Go Saints! ©



PAGE 4B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



GYMNASTICS CILINIC

OPEN TO THE PUBLIC














Sponsored by: The Gymnastics Federation of the Bahamas
Host Coaches: Ann Kist-Kolasa and Valdi Kolasa of New Jersey
' Dates: September 19-20, 2008
Cost: $25 per session
Location: Nassau ‘Nastics Oakesfield and Seagrapes Gyms




Schedule:
Friday 4-7pm Recreation Gymnastics and coaches at the Oakesfield Gym.
Saturday 9-ilam Recreation gymnasts and coaches at the Seagrapes Gym.
Saturday 12- ADD Team, Preteam and competitive gymnasts at the
Oaksfield Gym.

Any interested child or adult (PE teacher, school teacher, dance instructor, etc)
may attend.

For more info: 395-5994 or 356-7722

INVESTMENT OPPORTUNITY

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Lot #5 Block 2, Millars Heights Subdivision

| Property Comprises 18,292.55 Sq.Ft.
With 106 Ft. on High T raffic Carmichael Road

Interested person should submit offers in writing
addressed to:
The Manager, Credit Risk Management,
P.O. Box N-7518, Nassau, Bahamas
to reach us before Septmeber 29, 2008.

For further information, Please contact:

356-1608 or 502-0929



Queen’s College

Centre for Further Education

P.C. Box N-74127, Nassau, Bahamas
Tek: (242) 303-1666/2646, Fax: {242} 393.3248

AT Saturday Classes at Qc

/ Planning for college?

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{

OIL, from 1B

that in' 2008, there was a high of
$0.25 and a low of $0.149 when it
came to BEC’s fuel surcharge
Thus, if the decline in global
oil prices continues, BEC would
automatically be required to
reduce fuel surcharge rates and
alleviate some «f the burden
experienced by consumers, even
without the Government cap.
Mr Jarrett said the cap would,

~however, be extremely valuable

if something happened to drive

the cost per barrel up and, by ~

extension, BEC’s fuel sur-
charges.
Based. upon the projections,

Mr Jarret said that BEC’s fuel.

costs should already have
dropped by 20-25 per cent,
which would place the fuel sur-

. charge at around ne 18 per kilo-

watt hour.

Mr Jarret did say that the
reduction, announced yester-
dahy, will be beneficial to people
on lower fixed incomes as they

' don’t have the disposable funds

to adjust to higher bills.
Dionisio D’ D’aguilar, presi-
dent of the Bahamas. Chamber
of Commerce, agreed that the
Government’s move will benefit

those families in the short-term, ©

but worried that it was not a long
term solution. “There has been a
large hew and cry over electric-

BAHAMAS, from 1B

improve in these areas”
Among the processes the Min-

- istry of Finance was looking to

enhance was the time taken to

_ process applications for the

Stamp Tax exemption on prop-
erty worth up to $500,000 that
is being acquired by first-time

buyers.

_ The Ministry, Mr Laing said:
was focusing on “the extent to
which we can cause [applications

_to be approved] in the shortest

possible time, in days if not
hours. We are making moves to
do that.”

Plans to amend the way in
which business licence fees are

calculated remain an ongoig
~ ‘exercise, the minister said. “We

are still in dialogue with Singa-
pore,.even though we have actu-

ally observed we may have been ,

moving a little ahead of our-
selves,” he added.

“There are now some. net- -

work, infrastructure issues that
have to be addressed. Mod-
ernising the network, so it has
greater capacity, greater use-

ity bills, and it’s excellent that
government recognises the fact
that people are complaining
about their bills,” he said.
However, Mr D’Aguilar

pointed out that BEC was -

already operating at a loss and
the decision was merely another
government subsidy for the cor-
poration.

He swould have liked to have
seen the Government mplement
something more creative that
would. facilitate a decrease in
electricity usage.

“The surest way to reduce ~
your bill is to use less electricity,
and I would have liked to have

seen the government issue free .

energy saving light bulbs to

. every household. Or say that

BEC would pay a portion of the
cost to install solar panels on
people’s home, even if persons
repaid it over say a year,” Mr
D’ Aguilar said.

The Chamber president added
that while such a cap would have
helped the bottom lines of many:
of his members, he also felt it
would not nave done anything
to address the deeper issue of
releasing the country from a
BEC cash burden.

In an address to Parliament,
Prime Minister Hubert Ingra-
ham yesterday announced that
the government will direct BEC
to limit the surcharge to $0.15

ability and speed. That requires

-a fundamental review.

“Tt has to be done. These are
the kinds of constant improve-
ments that we are seeking to
make.”

The World Bank report found
that the Bahamas scored partic-
ularly poorly when it caine to
property registration, construc-
tion permit processing, investor
protection and enforcing con-
tracts.

Found

It also found that in the past
year the Bahamas had initiated

_no major reforn s_to_combat——
_ bureaucracy and red tape that

was hindering the conduct of
business in this nation.

The Bahamas ranked espe-
cially low on property registra- -
tion, standing in 143rd place,
largely due to the fact that this
process cost the equivalent of
12.5 per cent of the purchase
price - Stamp Tax and attorneys’
fees. There were also seven

per kilowatt per hour until
December 31 for residential con- .
sumers that use 800 kilowatts of
electricity or less per month.
Further, the Government will
order BEC to immediately
restore power to more than

5,000 consumers who had been

unable to pay their bills, and to-
work with them to make suit-
able repayment arrangements.

Mr Ingraham said the Gov-
ernment is to lend BEC $4 mil-
lion from its sundry capital allo-
cation, which is to. be repaid by
BEC within the next two years.
as a means of supporting the
funding of “this massive social
relief to consumers”.

“The Government will direct
BEC to apply the Government’s
$600,000 annual dividends, ordi-
narily payable by BEC to the
Government, towards amelio-
rating or lessening any potential

’ future increases in the electrici-

ty surcharge as a consequence
of any future shocks in the cost
of oil over the next two years,”
the Prime Minister said.
Further, the Government will |

‘reduce the electricity usage of

its offices, conduct a public rela-
tions campaign to encourage the
public to follow suit and retain
an independent firm to conduct
an operational audit of BEC and
make recommendations to bring
increased efficiencies to BEC.

processes involved in register-
ing property in the Bahamas.
Another problem area for the
Bahamas was construction per-
mits, where it ranked 92nd. The

“World Bank report assessed the

procedures, time and costs asso-
ciated with building a similar size
warehouse in all countries,
including obtaining all the nec-
essary licences and permits, com-
pleting all inspections and get- .-
ting utility connections.

When it came to the number
of procedures dealing with con- ,
struction permits, only Trinidad’
and Puertd Rico - out of the
whole Caribbean - had more

than-the-Bahamas” 18 -processés.

It took some 197 days to deal -
with construction permits in the
Bahamas, the report found, plac-
ing the Bahamas near the bot-
tom of the Caribbean, while the
cost of dealing with the permits,

as a percentage of income per:: -

capita, was pegged at 241.6 per:
cent for the Bahamas. Only four
more Caribbean nations were |
more expensive.

EFG Bank &-Trust (Bahamas) Ltd; a subsidiary-of EFG International, |}.
provides Private Banking and Wealth Management services to clients around

the world. Our client relationship officers combine their strong relationship- .
management skills with the resources that are available at EFG, helping
them provide a full range cf quality. wealth management services. In order to
strengthen our IT team in Nassau, we are looking for a qualified candidate for

the following position:

IT Systems Engineer

In this challenging position, your responsibilities will include: .

Support and management of Windows servers, including domain

controllers, application and Exchange Server 2003.

Support Citrix Metaframe and other Enterprise applications.
Ongoing system administration of the Windows Server infrastructure

services including Active Directory, DHCP, DNS, and WINS.

all user application support.

for internal and audit review.

‘integration.

Manage network security systems for LAN/WAN and VoIP

Troubleshoot network-related performance problems. |

Support and manage Window XP desktops and laptops, including

Create server and network documentation and generate reports

Provide technical support to local and remote users in regional

offices including Grand Cayman, Canada and Central/South

America.

“RPM WEG BeRuate dis SHEE EER” AMEMARnted individual with good time
management and project management skills as well as Good interpersonal and
communications skills. The successful candidate must be a team player; with

. the ability to travel and work with local and international team members.__

Minimum Requirements

At least 4 — 6 years experience in Network/Server Infrastructure with

troubleshooting experience in O/S, network, database technologies and
server hardware in a medium to large scale environment.
¢ B.S. Information Systems, Computer Science or ielated field

capability of multi-tasking effectively.
¢ A background in the financial services industry (Retail and/or Private
Banking) will be a plus.

Advanced knowledge in;

Strong analytical and problem solving skills with the willingness and

* Operating Systems; Windows (2000; Server 2003 and XP) and

LINUX/UNIX.

¢ Network Infrastructure Management eri DHCP, DNS, WINS,

Citrix)

¢ WAN Technologies (Circuits, routers, firewall)

° LAN (Switches, structured cabling) and PBX
Cisco-Certified Network Associate desirable.
Proficient in Data Centre management.

° Certifications a plus (MCP, CCNA, MCSE, Servert)

Interested applicants must fax applications to: Human Resources Manager at:

(242) 502-5428.



THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 5B



ES ee eae
Treasury announces

debt auctions for Fed

@ By MARTIN
CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
The Treasury Department will
begin selling bonds for the
Federal Reserve in an effort
to help the central bank deal
with unprecedented borrow-
ing needs resulting from the
current credit crisis.

Treasury officials said
Wednesday that the new pro-
gramme would be part of the
normal auctions it conducts to

finance the government’s bud-
get deficits, which have been
soaring because of the current
economic slump.

Treasury officials said that
the first auction would be for a
total of $40 billion and would
occur later Wednesday. The
auction would be for cash man-
agement bills that will mature
in 35 days.

The announcement repre-
sented an. unprecedented
action in which Treasury will
be selling debt securities such
as bonds for the nation’s cen-

tral bank.

Treasury officials said the
action did not mean that the
Fed was running short. of
resources but simply was a way
for the government to better
manage its financing needs.

The announcement came
one day after the Fed invoked
powers it had been granted
during the Great Depression
to extend an $85 billion emer-

gency loan to prop up the.

country's largest insurance
company, American Interna-
tional Group Inc.

ee) i yw (ce er ber iCon

AIG bailout, dollar drop



@ By STEVENSON
JACOBS
AP Business Writer

NEW YORK (AP) — Gold
prices soared Wednesday,
jumping more than $60 an
ounce as mounting credit mar-
ket turmoil prodded jittery
investors to pull money out of
equities and into safe-haven
assets.

Gold’s huge rally — prices
shot up over eight per cent —
came as the government
moved overnight to rescue
troubled insurer American
International Group Inc. with
an $85 million bailout loan.

The Federal Reserve
stepped in after AIG, teeter-
ing on collapse from losses
tied to the subprime crisis and
the credit crisis, failed to find
adequate capital in the private
sector.

Fearing more tightening of
credit markets, investors
reacted swiftly and began

dumping stocks and socking
money into gold, silver and
other safe-haven commodi-
ties.

Gold is-especially attractive
during times of crisis because
the metal is known for holding
its value.

Gold for December deliv-
ery jumped $64.50, or 8.25 per
cent, to $845 an ounce on the
New York Mercantile
Exchange, its highest trading
level since August 29.

Prior to the rally, gold had
fallen 25 per cent since surging
to record levels above $1,000
an ounce in March.

“The same market partici-
pants who got out of gold are
coming back in now. ‘This is
the start of an upward move,”
said Carlos Sanchez, analyst.
with CPM Group in New
York, who predicted prices
could climb back to $1,000 by
year’s end.

Silver prices also jumped.
The: December contract

soared 88.8 cents to $11.405
an ounce. December copper,
however, fell 5.15 cents to
$3.0375.a pound.

In other commodities, crude
oil rebounded after the AIG
bailout eased worries that the
insurance giant and other
financial firms would liquidate
commodities holdings to raise
cash.

Light, sweet crude for Octo-
ber delivery rose $2.01 to:
$93.16 a barrel on the Nymex.

In other Nymex trading,
heating oil futures fell about
half a penny to $2.7145 a gal-
lon, while gasoline futures lost
2.34 cents to $2.3774 a gallon.

In agriculture markets, most

- grain prices traded higher.

Corn for December deliv-
ery rose 5.25 cents to $5.375 a
bushel on the Chicago Board
of Trade, while December
wheat added 20.75 cents to
$7.1075 a bushel.

November soybeans fell
two cents to $11.22 a bushel.

To atlvertise in The Tribune, just call 502-2371

Iouciano’s of

BAHAMAS RED
CROSS SOCIETY

Winners of the Bahamas Red Cross
Society Grand Raffle drawn on
August 30, 2008

1st Prize A 2007 Toyota Corolla-fully loaded
Ticket No. 21816 Toni Rahaming

ond Prize A seven day Caribbean Cruise for Two
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with our Celebrity Host

Award Winnins Blues & Jazz
Guitarist and Voealist





PAGE 6B, THURSDAY, SEPTEMBER 18, 2008

Meuer Se e are Men TT me Ter ae Fe

THEFT, from 1B

stealing, someone.has to pay for
it, and at the end of the day it’s
the consumer.”:

He added that the level of
stealing was “expected to get
worse towards Christmas. It
always does, but the meltdown
in the US financial markets
means a decrease in tourists
coming here, a decrease in
tourist spending and that leads
to an increase in stealing. People
don’t want to lower their stan-
dard of living.”

_ Abaco Markets, which oper-
ates the Solomon’s SuperCentre
stores in Nassau and Freeport,
and the Cost-Right stores in
those two cities and Abaco, is

by no means alone in this fight.

At Tuesday night’s Bahamas
Supermarkets annual general
meeting (AGM), company exec-
utives revealed that some $3
million of the estimated $10 mil-
lion loss that the City Markets
operator is likely to incur in its
2008 financial year is due to
increased shrinkage.

While shrinkage includes
many other items besides theft,
such as spoiled goods, there is
no doubt that theft is likely to

account for a major part of that:

$3 million and a doubling in City
Markets’ shrinkage levels year-
over-year.

Basil Sands, Bahamas Super-
markets’ chairman, told the
AGM that around.40 employees
had been dismissed - and were

Za UNIVERSITY

SCHOOL OF

MENT eENS

TO ALL POTENTIAL
LANDLORDS

Ross University School of Medicine (Bahamas)
Ltd. is seeking 1 or 2 bedroom accommodations.

Affordable, safe and secure (with or willing to
provide security screens), clean surroundings,
must be fully furnished, air-conditioned, turn
key (pots, dishes, linen) ready to move in
accommodations. Complete for 1 ‘or 2 persons.

Accommodations ‘must be within a 5 mile
radius of the Sea Horse Shopping Centre

(Freeport, Bahamas).

Please submit your applications with how you

meet the standards above to:

The Administrator
Ross University (Bahamas) Ltd.
BO. Box F-60087, Freeport, Bahamas



now being prosecuted - for
alleged theft from the company
in the past year.

Given that the company
employs some 850 persons
today, this effectively means that
4.7 per cent of its staff - almost
one in 20 persons - had been
terminated for suspected inter-
nal theft.

As for Abaco Markets, Mr
Watchorn said: “J would say our
level of stealing, based on the
number of people we’ve appre-
hended, has gone up 100 per
cent over the last six to nine
months.”

That is effectively the year
2008 to date, and Mr Watchorn
added: “We’re seeing it across
the board. It’s a major challenge.
We're pulling together a new
strategy to deal with it.”

Further evidence.that many
Bahamians are struggling to
make ends meet, amid spiralling

fuel, energy and food costs,’

came when Mr Watchorn said
Abaco Markets had experienced
a major increase in staff seek-
ing loans and pay advances.

“The level we’re getting now,
compared to six months ago, it’s
probably doubled or even high-
er,” Mr Watchorn said.

A major factor behind the

high level of internal theft in the

Bahamas, the Abaco Markets
president said, was that “there’s
no fear” on the part of the cul-
prits because the level of prose-
cution initiated by employers
and businesses was “minimal”.

As a result, when suspected |

theft was discovered and those
responsible terminated, they had
no record and simply bounced
“from job to job”.

Mr Watchorn said that Abaco
Markets once terminated an
employee for stealing, and their
attorney was able to use some-
thing in the dismissal letter from
the company to get the charge
of stealing thrown out.

The case was then turned on
its head, and became one of
alleged unfair dismissal against
the company. Abaco Markets
ultimately ended up paying that
former employee their sever-
ance/redundancy pay, and Mr
Watchorn then saw the person
in question several weeks later
working for another company.

In another case, two Abaco
Markets staff spent two days at

: court waiting to be called to tes-

tify in another internal theft
episode, only for the prosecu-
tor to say he was “not familiar”
with the case and request a
three-month adjournment. .
Then, in another case, a for-

mer employee during their trial
offered via their attorney to
repay the $400-$500 they
claimed they had taken from the
company. The judge hearing the
case suggested that the offer be
accepted and the matter
dropped.

“There’s just no fear that any
consequences are going to hap-
pen. It’s absolutely dishearten-
ing for an employer to have to
deal with that,” Mr Watchorn
said.

“It’s just a frustration for a
retailer and employer point of
view because they don’t see jus-
tice at the end of the day. The
culprits know that, and that at
the end of the day nothing’s
likely to happen. °

“T think it’s a major problem.
If a retailer tells you he doesn’t

‘have a problem with internal

theft, he’s either living in his
business 24/7 or he’s lying
“We’ve seen a drastic increase
in the level of dishonesty, both
internal and customer dishon-
esty. It’s very unfortunate,
because you have a lot of honest
employees trying to the right
thing, and it’s just a few that let
everything down. It’s endemic

in this country, and the eco-°

nomic environment is exacer-
bating the issue.”

INVESTMENT OPPORTUNITY
COMMERCIAL BUILDING
SITUATED ON DOUBLE LOTS TOTALING 23,753 SQ. FT. .

"LOCATED BERN

RD ROAD =

Aan oximately 500 feet east of the Village Road Round About |

Interested persons should submit offers in writing iddrassed to:
The Manager, Credit Risk Management, P.O. Box N-751 8,

Nassau, Bahamas

to reach us before September 29, 2008.
For further information, please contact:

356-1608 or 502-0929



THE TRIBUNE

ARAWAK, from 1B

now.”
Arawak Cay Port Develop-
ment Company said that it had

-appointed Halcrow, the UK-

based global infrastructure con-
sultant, to advise it on port
design and engineering. For
legal and financial advice, it had
selected Higgs & Johnson and
KPMG respectively.

The port company confirmed
previous Tribune Business rev-
elations that no shareholder will
own 15 per cent of the Arawak
Cay port, with Bahamian share-
holders owning a minimum col-
lective 60 per cent equity stake.

In its statement yesterday,
Arawak Cay Port Development
Company said the new port’s
development costs would “not
exceed $60 million”. That is
some $115 million different
from the $175 million cost esti-
mate on Tropical Shipping’s
plan for Arawak Cay, which is
widely regarded as the template
for the current proposal.

When asked to explain this |
apparent discrepancy, Mr
Mosko said he could not, as he
had never seen Tropical Ship-
ping’s proposal, but added that
the company “hoped” to com-
plete the 60-acre port and have
it operational - for that price -
within 12-16 months.

“It’s a fast-paced process,” Mr
Mosko said. “The Prime Minis-.
ter wanted the freight off Bay
Street very quickly. It’s difficult,
but we'll get it done.

“Everybody is on board and
they’ve all put their money up.
We’re trying to move as quickly
as we can. It’s a dynamic situa-
tion.”

Mr Mosko said he was unable
to say whether the Arawak Cay
Port Development Company
would tap Bahamian institu-
tional and retail investors for
financing, “because the finan-
cial model is not set up yet. But
we’re saying a minimum 60 per
cent Bahamian shareholding, so
I think so”. .,

Mr Mosko said the Arawak
Cay port was “probably the
most economical way to go”, as
it would service Nassau and Par-
adise Island’s cargo'needs for
50 years, with all freight and
shipping companies using it.

The 50-acre. Gladstone Road
inland cargo terminal, he added, -
was “not a big deal” in terms of
cost as it would only involve
some warehousing and paving.
It would handle the distribution
of all cargo brought to New

Providence.

OY aE
Ps EU ate ll Pe TEV
The Principal Heritage Ona Agency oi The Bahamas

THEME: PROMOTING LITERACY THROUGH HERITAGE

The Antiquities, Monuments and Museums Corporation (AMMC) will participate in the observance of National
Literacy Month during September 2008. AMMC will sponsor and host the following programs at the designated

AMMC sites.

“|. A Book Fair, Short Stories and Poems for Primary School students at Fort Charlotte, Wednesday, September

17th and Thursday, September 18th, 2008, 10:00 a.m. to 2:00 p.m.

Speakers: Dr. Davidson Hepburn, Ms. Leah O’Brien and Ms. Patricia Thomas. Admission: $3. 00 per person.
Price includes a tour of the Fort and participation in the readings. Primary Schools will be scheduled, and designated
tour times given to tour Fort Charlotte and participate in the readings and Book Fair. Books will be on sale. Please

contact Miss Odia Richardson at 323-1925 or 326-2566 for bookings.

2. Readings sro. Slave Journals and Related Documents by local radio personalities. This segment is for Junior
’ High and Senior High School Students; Monday, September 22 through Thursday, September 25, 2008, 10:00
a.m: to 1:00 p.m., at The Pompey Museum of Slavery and Emancipation, Bay Street, next to the Straw Market.
Admission: $3.00 per person. Books will be on sale. Contact Miss Odia Richardson 326-2566 or call 356-0495 to
reserve your group. Schools will be given designated times to tour the Museum and attend the readings.

3. Open House and An Evening of Recitals at the Balcony House Museum on Market Street opposite the Central
Bank of The Bahamas.:Thursday, 25th September, 2008, at 7:00 p.m. Recitals by Dr. Davidson Hepburn and
Ms. Cookie Allens with tours of the House. THE PUBLIC IS CORDIALLY INVITED TO.ATTEND. Donations

are welcomed. Refreshments on sale.

4. Episodes from the Fergusons of Farm Road, the well known 70s radio drama by Jeanne Thompson at The Pompey |
Museum of Slavery and Emancipation, Bay Street next to the Straw Market; Friday, 26th. September, 2008, at
7:00 p.m. Admission: $15.00 per person includes refreshments. THE PUBLIC IS INVITED. Please call 356-0495
or 326-2566 to reserve seating fOr this event as space is limited.

FORT comes





Ongoing Events: Visit The Balcony House Museum, The Pompey Museum,

Forts Charlotte and Fincastle, and other historic sites

The National Museum of The Bahamas
Antiquities, Monuments and Museums Corporation (AMMC)
Centreville House Grounds Complex

P.O. BOX 8E1 5082, Nassau, Bahamas

Tele:1(242} 326-2566 or 323-1925 or 323-1928

Fax:1{242) 326-2568

Emaih pompey_23@yahdo.cam or pompey33@hotmati.com

| Pompey Museum of Slavery

and Emancipation
Bay Street, Nassau, Bahamas
Tele:1(242) 356-0495
Fax/Tele:1(242) 325-2298
Hours: 9:30am - 4:30pm
MT, W, F & Sat
Thurs: 9:30am - 1:00pm
‘CLOSED: SUNDAY.

4 Fort Chartotte

West Bay Steet

Nassau, Baham

Teles (243)925 "9186, 326-4861
72

Fox: 1(242) eb 4860
Hours: Daily 8:00am - 4:00pm

Advanced Guard House
Conservation Laboratory
Fost Charlotte

The Long Island Museum,

Community Center & Library

Buckley's, Long Island, Bahamas

Tele /Fax:1{242)337-0500
Hours:

Mon ,- Fri: 9:00am-4:00pm

Sat: 9:00am - 1:00pm

Balcony House Museum
Market Street, Nassau, Bahamas
Tele:1(242) 302-2621
Hours:9:30 am - 4:30 pm

MT, W &F
THi9:30am - 1:00pm
CLOSED: SATURDAY & SUNDAY

Fort Fincastle

Bennet's Hill

Nassau, Bahamas

Tele:1(242) 356-9085

Hours: Daily 8:00am - 4:00pm

Fort Montagu
Montagu Beach

East Bay Street
Nassau, Bahamas
Tele:1(242})-326-2566

AMMC Abaco Branch

Marsh Harbour
Abaco,Bahamas
P.O.Box-AB20755
Tele:1(242)-367-0721
Emai:AMMCAbaco@gmail.com















still the best venue for weddings,
social gatherings and meetings.

Call Mrs. Christine Rolle
Tel: 242 326-4872, 326-4861
Fax: 326-4860 for details.

MA The South Eleuthera Mission Foundation
@ P.O, Box EL-26030

Rock Sound, Eleuthera Bahamas
Tele: 1(242)-334-2203

Fax: 1{242)-334-2280
Email:cdsands@coralwave.com



ATTENTION JUNIOR HIGH
AND SENIOR HIGH SCHOOLS
Throughout The Bahamas

Reserve “The Lest We Forget:
‘The Triumph Over Slavery”
Traveling Exhibition
created by The Schomburg Center
, \& UNESCO Slave Route Project.

It?s FREE and educational.










Three locations to serve you: Fort
Charlotte, Fort Fincastle and The
Pompey Museum.











The places to shop for authentic
Bahamian-made handicrafts, unique
gifts, jewellery and Bahamian
authored books.








Cali dia Richardson for bookings
242 323-] '25 - 242 -326-2566 * Fax 326-2568





THE TRIBUNE




a ee ae ee
Small businesses

going ahead with
oliday parties

@ By JOYCE M
ROSENBERG
AP Business Writer

NEW YORK (AP) — Even
in a down economy, with busi-
ness more difficult to come by
and expenses going up by the
day, many small company
owners are nonetheless forg-
ing ahead with holiday party
plans.

Certainly, an owner feeling
strapped for cash might think
the business just can’t afford a
celebration this year. But many
of them believe a party for
employees is too important to
forgo, so as they start to plan
they’re finding ways to save
money but still make staffers
feel appreciated.

Ron Hanser, co-owner of
the West Des Moines, Iowa,
public relations firm Hanser &
Associates, believes a tough
economy is all the more rea-
son.to hold a party in the holi-
day season.

“Tf ever there was a need for
that renewal of the human
spirit, this holiday season
seems to need it,” he said,
pointing to the slumping econ-
omy and upheaval on Wall
Street that included the bank-
ruptcy filing of Lehman Broth-
ers Holdings Inc. ‘

So Hanser’s company will be -

having its usual party at a local
restaurant:for employees and
their spouses.

“We're telling our clients,
don’t cut back on celebra-
tions,” Hanser said. “This is

important — there’s nothing ~

frivolous about celebrating a
holiday.”

Gerald Schwartz, who owns
a New York-based PR firm, is
critical of owners who he says
have a knee-jerk reaction and
cancel parties to save money.
His suggestion is to dip into
their own pockets — and not
try to do a party on the cheap.

“Let’s just open a bottle of
champagne in the conference
room and have a couple of
lousy hors d’oeuvres” is. not
the way to do it, said Schwartz,
president of GS Schwartz &
Co. Inc. “You should be con-
siderate of how hard people
are working for you.”

He said of company owners:
“Their lifestyle’s not going to
change if they spend a couple
of extra thousand on Christ-
mas.”

But let’s say a company is
really having a hard time right
now. It’s still possible to hold a
party that the staff will enjoy.

One option is a potluck
affair, which can appeal to
staffers who love to cook and
show off to their co-workers.
The boss should still contribute
something, perhaps beverages
and a cake, and be as generous
as possible.

If the staff is small, the own-
er might have everyone over
to his or her house for brunch,
or a cocktail party. ;

Another possibility is to tell
the staff that while you can’t
afford a party, you'll give them
half a day off on a Friday in

December. They’ll love hav-'

ing the extra time, and the ges-

- ture will go a long, way toward

creating goodwill.

Many companies are choos-
ing to have their parties onsite
rather than in a restaurant or
catering hall or club. Tom Wal-
ter, who co-owns Tasty Cater-
ing in Elk Grove Village, Ill,
has seen business pick up this

ear.

“It’s bare bones because
they don’t want to lavishly
spend money for the produc-
tion of a holiday event,” he
said. So, the decor is simple,
the entertainment might be.a
boom box and the desserts
more moderate than in the
past. Owners may skip the
alcohol, or serve only wine and

Hakers Aor :
Do You Want to be a Baker’s Bay Star?

Join us at our

“SEARCH FOR STARS”

Do you want to work with an organization’ that is
progressive, dynamic, and growing with great benefits?

Do you want an exciting career opportunity on one of the
fastest growing Family Islands in The Bahamas?

Do you want to work with a team of committed,
hardworking, creative hospitality professionals?

If you answered “YES”, then you need to be a part of the
Baker’s Bay Search for Stars at Our Lucaya.
Freeport, Grand Bahama and British Colonial Hilton,

‘Nassau, Bahamas.

We are ‘extraordinary people creating extraordinary
experiences and we're seeking Stars in the following key

areas:

Culinary
Food and Beverage Service
Accounting
Emergency Medical Technician/Nurse
~ Residential Services/Inn Management
Activities Management
Information Technology (IT)
Security

Interview Schedule

Our Lucaya, Freeport, Grand Bahama

Monday, September 29, 2008
9:00 a.m.- 4:30 p.m. AND 6:00 p.m. - 8:00 p.m.

Tuesday, September 30, 2008
8:30 a.m. - 4:00 p.m. AND 6:00 p.m. - 8:00p.m.

British

Colonial Hilton, Nassau,
New Providence

Wednesday, October 1, 2008
9:00 am - 4:30 p.m. AND 6:00 p.m. - 8:00 p.m.

Thursday, October 2008
8:30 a.m. - 2:30 p.m.

Call 242-367-0800 or email hr@bakersbayclub.com to
submit your resume and schedule your interview!

“Becoming the Employer of Choice
_in The Bahamas!”



beer.

Still, Walter doesn’t see
employers skimping on their
staffs. They may be putting on
less of a party, but “they’ll off-
set that with a bonus.”

Another way businesses are
saving on-parties is to hold
them during off-peak times,
Walter said. Thursdays in
December are the most popu-
lar and therefore the most
expensive dates, so some com-
panies are putting their cele-
brations off until January.
Also, many staffers might
appreciate a winter break
rather than another commit-
ment during the busy holiday
season.

Walter’s company will be
holding its holiday parties —
one just for staffers and one in
which families are invited — as
usual between Christmas and
New Year’s.

Owners may find that some
creativity is all it takes to put
ona great party. —

Kevin McLaughlin is saving
money on his Princeton, N.J.,
marketing firm’s party this year
by bartering publicity work for
dinner at one of His clients, a
hip local restaurant.

“We can run our business
efficiently and at the same time
treat our employees well,” said
McLaughlin, owner of
Resound Marketing.

McLaughlin expects to
spend half as much this year

on a holiday party as he did

on last year’s celebration,
which was a trip to Atlantic
City for his staff of eight and
their guests.

“I would rather put money
into employees’ pockets rather
than travel,” McLaughlin said.
“They can spend it as they
want.”






Accounting [ (12 Weeks}
Pre 103, &-9pom

Sat. 1/4, Sanne 1 gins
Accounting 1 (12 Weeks)
Pre PGS, @-9pm

Sat. 104, Sam lpn

Quick Books (12 Weeks)
Pre HY, 6-9 pen
Sas. 104, Game lor




Intro, Computers Applications | 42 Weeks)

Sat. 14, Sani-3 par

Intro. Computers Applications TE 12Weeks)

Sat, 14, Sara 3pen

A+ Review (10 Weeks)
Fei, 13, G1 0pra




Nail Care & Artistry (15 Weeks}
Mont. ‘Tues. Thus 10/8, 6-10pn
Facial Technology (10 Weeks}

Moo. Tues. Thurs. 1/6, 6-Hipm

Face Care & Make-up Application (10 Weeks}

Sat. 10/4, Gam-3pn
Acrylic Nails (10 Weeks)

Fre, 10/3, 6-L0pen

Barbering | (1S Weeks}
Mon. Wed. 9/8, 6- 10pm



Vile Laying-How To Do (10 Weeks}

Sat. 10/4, Yam- Ipni

Basic Blue Print Reading &
Estimating | Residential (40 Weeks}
Sat. 10/4. Yant-3pm

Basic Blue Print Reading &

Estimating 1 Commercial (10 Weeks)

Fre 10/3, opm Lp



IMUNOSVAY, SEP IEMBEH 18, ZUU8, FAGE /5








































Tile Laying (15 Weeks).

MUTE. 98, Sane dyna S400

Drywall lnstallativn (15 Weeks



$300 MUPAVACE. 9/8, Same loi $430
$360 | Window Treatment -Drapery & Valence
Gd Weeks}
Mon. Wed. W294, Same ip
Tues. Weil. 8/30, 6 - Upon
$300 | ques. Thurs. 0/30, 9am -tpin $300

Sewing (LO Weeks). -
Sat. 1024, Sharm-pry 3 38275

614s. | Painting & Decorating 46 Weeks)
Pe {Residential & Commercial}

Man. Wed. 029. dam-lpn



S375 | Tues. Thors, 9/20, Sam lyen
Toes. Wed. 230, &- Hipn $300
$375 Upholstery E (10 Weeks}
Tues. There. 30, b- Tyas £300)
Upholstery If (10 Weeks}
Mon. Wed. 7249, & [Dena $330
$373
Straw Craft [0 Weeks}
; Man. Wed. 9/29. Sam- lpm SKE
$373

Straw Craft Advanced H (18 Weeks}




Man. Wed. #24, 6-1 Npm $330
$375

Shell Souvenir Manufacturing (16 Weeks)
$300 Mon. Wed, 9/24, Sam-lom

Tous. Thurs. 9/30. Gant
§300 Toes. Wed. 9730, t- Pupra S300

Marine Outboard Engine
Preventive Maintenance (16 Weeks)

$300
Mon. [rd, 6-9prm

Wed. 16. 6-9pn $3

$326



Small Gas Engine Repair (£8 Weeks)

$356 Sat. 10-4, Gam-3prn $300



COMPLETED INFRASTRUCTURE




INCLUD

« Paved Roads « Water & Sewerage
Phone « Cable « Electricity *. Street Lights

RECREATIONAL PA



INCLUDES:

Tennis Courts ° Ornamental Pond
Jogging Trails « Playground ¢ Basketball
Court Gazebos ¢ Grills

Lot sizes starting at 65x101

502-6338/9

Prices starting at $106,500

Me emi AU

BIVI reserves the right to cancel courses if a minimum Pr ica
Mme meristem acm imese sb Cae
refund if classes are cancelled by the institution. :

PPRUaroRted ae dNeC eee ie cose aD tes arts

Course Schedule and Course Materials.

a

Early registration Kelps eliminate the disappointment of course”

Tea Lae

Non-Bahamians are required to pay an additional fee.



i Vins! Htstll bu. Shite a a : Ma Yeripy/ sm .
; 10 WEEK PROGRAMS
yw. OCT 3 > DEC-6, 2008

| 12 WEEK PROGRAMS
: OCT 3 - DEC 20, 2008

| 15 WEEK PROGRAMS
i SEPT 8 - DEC 20, 2008

MORE HAPPENINGS!

— — a Ma ae Se RR RR SS eS

at BTVI Campus

|



|
|
1 |
1 |
|
{





|
|
|
|
|
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|



PAGE 8B, THURSDAY, SEPTEMBER 18, 2008

7 ane SUGAR

SUPER ae
5 eens STAMPS 23 )
















VALUE

NOW ACCEPTING
SCHOOL SUPPLIES AVAILABLE AT ALL STORES |

a CARD

The Bahamian Credit Card
QUANTITY RIGHTS AND PRICES RESERVED _ )

























LIBBY’S” vee KRAFT
WHOLE KERNEL y PALIRS] SALAD YL
or SLICED 3







Lenosones

Ts CHOICE
VEGETABLE

: 17.5 oz.





SHURFINE OR HELLMANN’S PETER PAN




CAMPBELL’S














VALU TIME REGULAR PEANUT | SUPERIORE |
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FLAKES | baggtel-k | BUTTER SPAGHETTI w/ |

MEATBALLS

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| ba Le)
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qV

THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 9B

BUSINESS



-'| White House
1 0 defends AIG

takeover

@ By BEN FELLER
Associated Press Writer

WASHINGTON (AP) —
The White House gave a new-
ly nuanced description
Wednesday of the US econo-

my, calling it a mixed picture’

and saying it ultimately will
weather the current turmoil.

President Bush’s chief
spokeswoman also defended
the extraordinary federal
takeover of sinking insurance
giant American International
Group Inc., while not ruling
out further private-sector
bailouts by Washington.

Press secretary Dana Peri-
no said that help for other
endangered corporations
would be considered by the
government on a “case-by-case
basis.”

Among those pleading for
Washington’s help, for
instance, is the struggling US
auto industry, which has suf-
fered massive losses but
remains a backbone of the
economy. A bill before Con-
gress would give the compa-
nies $25 billion in federal loans,
a program established but not
funded under an energy bill
passed last year. Perino said
the White House would not
comment on that prospect until
Congress decides whether to
go ahead with approving the
money.

Perino refused to repeat the
White House’s standard line
about the US economy, often
used by Bush, who has said
that its “fundamentals are
strong.” Republican presiden-
tial candidates John McCain
used that phrase Monday,
earning him ridicule’ from

Democratic opponent Barack
Obama as being out of touch.
McCain later clarified that he
meant that the fundamental
strength of the American
worker remained strong.

With those accusations and
.counteraccusations swirling in
an election-campaign environ-
ment, Perino suggested
Wednesday that this assess-
ment no longer stands.

“It’s not clear-cut,” she said,
because of a proliferation of
both positive and negative eco-
nomic indicators, sometimes
coming on the same day.

“We are in a position of
strength to be able to deal with

this crisis,” Perino said. “It will

take us awhile.”

In the most far-reaching
intervention into the private
sector ever for the Federal
Reserve, the government
stepped in Tuesday to rescue
American International Group
inc. with an $85 billion injec-
tion of taxpayer money. The

government will get almost an «

80 per cent stake in the com-
pany.

Perino framed it as another
move to protect the economy
and save people from further
harm.

Given AIG’s size and scope,
the possible failure of the com-
pany appeared to pose a
greater risk than the $85 bil-
lion loan, she said. But while
Perino said the terms require
taxpayers to be paid back first,
when asked whether taxpay-
ers may not get their money
back at all, she said, “That is
true.”

Bush agreed with the loan
for AIG at the White House
on Tuesday after being pre-

sented with a recommendation
from Treasury Secretary Hen-
ry Paulson and Fed Chairman
Ben Bernanke during a meet-
ing of economic advisers. Peri-
no said it is More appropriate
to describe Bush's role as con-
sulting on the move rather
than approving it.

She said she understands
why Americans would be con-
fused that the government
would be willing to put tax-
payer money at risk for some
companies and-not others, and
that putting federal money into
the private sector might be
seen as at odds with Bush's
conservative, free-market eco-
nomic philosophy.

“We are dealing with very
challenging times,” Perino told
reporters. “You have a gov-
ernment that is willing to lead,
act where appropriate, and
govern to make sure that we
limit broader fing incial harm to
the economy.

The president has been silent
about the market turmoil since
Monday. He canceled previ-
ously announced plans to talk
about it on Tuesday, and Peri-
no said he would not be heard
from on the topic on Wednes-
day, either.

Bush has not held a full news
conference in two months.
Perino said the president is
reluctant to hold a news con-
ference because he believes
reporters would try to draw
him into the daily back-and-
forth between the Democratic
and Republican candidates to
replace him and that that
would be inappropriate.

“J grant you, you haven't
heard from him in a while.”
she said.

ARMOUR
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* ** GOLDEN TOWELS
STORAGE CONTAINERS
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LIBBEY GLASSWARE SETS

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WINDOW CURTAINS
COTTON BATH RUGS. .





ail

ROMAINE
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SALE STARTS

MONDAY SEPTEMBER 15th - SATURDAY SEPTEMBER 20th.

Located: Harbour Bay Shopping Center
Ph: 393-4440 or 393-4448





PAGE 10B, THURSDAY, SEPTEMBER 18, 2008

the sides and back.

left side.Painted white trimmed light agua.



Lot No. 162, Pastel Gardens Subdivision

All that lot of Land having an area of 5,233 sq ft, being
Lot #162, of the subdivision known as Pastel Gardens,
situated in the southern district of New Providence. Located
on this property is a4yr ald single family residence consiting
of approximately 995 sq. ft. of enclosed living space with
3-bedrooms with closets, 1-bath, living, dining & kitchen.
the land is on a grade and level; the site appears to be
sufficiently elevated to disallow the possibility of flooding
during heavy rainy periods. The yard has chained linked
fencing at the sides and back & a low wall in front.



Appraisal: $228,362.60

Traveling from Marshall Road, take main entrance into Pastel Gardens, take Ist left then right at T-Junction
(Peach St) then take Ist left (Lilac St) the subject property will be about the 6th house on the right side painted
lilac trimmed white.

LOT NO. 1 WESTERN SHORES

All that lot of land having an area of 7,389 sq. ft., being lot
#1 of the Subdivision known as Western Shores Phase Il,
the said Subdivision situated in the Western District of New
Providence, Bahamas. Located on the subject property is
a single structure comprising of a single family residence
consisting of approximately 2,430 sq. ft. of enclosed living
space. The residence comprises of 3-bedroom with closets,
2 1/2 bathrooms, living/dining rooms, study, kitchen, utility
room, porch and enclosed garage with electronic door. The
land appears to be sufficiently elevated to disallow the
: possibility of flooding during annual heavy rainy periods of
the year. The grounds are fairly well kept with improvements including driveway, walkway and swimming pool. The
yard is enclosed with walls. ;



Appraisal: $753,570.00

Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is located on the left near
Tusculum Subdivision and painted all white. .

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.





DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b
with an area for a small shop. Age 12 years the land
isa portion of one of the Dundas Town Crown Allotment
parcels stretching from Forest Drive to Front Street,
being just under a quarter acre in size and on the
lowside. A concrete block structure, with asphalt
shingle roof and L-shape in design with a total length
of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior
walls are concrete blocks, ceiling is sheet rock and
the floors of vinyl tiles.

Appraisal: $265,225.00



LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS
All that lot of land having an area of 7,500 sq. ft., being lot
12, of the subdivisian known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family residence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
1-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods. The grounds are fairly
kept, with improvements including parking area, walking
pathway and low shrubs. The yard is enclosed with chain linked fencing at the back and southern sides.

Appraisal: $239,500.00
Traveling west on Carmichael Road, enter West Avenue, on the South side immediately after Topps Laundromat. Take
first right which is Wimpole St., go around the curve on the left which is London Avenue, traveling south on London
Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is
an L shape triplex, painted green, trimmed white. ¥



Bogue North Eleuthera. All utilities and services available.



a topography of approximately 2 ft. with all utilities and services available.



Island Harbour Beach, Exuma :

All that parcel or lot of vacant land containing 10,000 (80’X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour Beach

Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas. The property is located

on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean. /
Appraisal: $80,000.00

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. This property is bounded about 103.44 fi 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: $40,328.00 :

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory
Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting
as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet
northwestwardly by the land now of formerly the property of Coridon Limited, and running thereon for a distance of 390.274
hundredth ft.; southwestwardly by a 30’ wide road reservation and running thereon for a distance of 128.128 hundredth
ft; southeastwardly by the land now or formerly the property of the Venor and running thereon for a distance of 322.955
hundredth ft. This property having an area of approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial
development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00
This lot is vacant land and is located in the area known as “Mutton Fish Point”



For conditions of sale and other information contact





THE TRIBUNE

MISCELLANEOUS PROPERTIES

THE TRIBUNE,
September 18, 2008



Lot No. 181, Dorsetteville Bamboo Town

All that piece parcel or lot of land having an area of 5,000 sq ft, being lot # 181, of the subdivision known as Dorsetteville which is situated in the southern district of New
Providence located on this property is an approximately 25yr old single family residence comprising of approximately 1,162 sq ft & consisting of 2-bedrooms, !-bath,
kitchen, living, dining room & carport. The land is on a grade and level; the site appears to be sufficiently elevated to disallow the possibility of flooding during heavy
rainy periods. The grounds are fairly kept with improvements of concrete parking area & concrete walkways around the premises. The yard has chained linked fencing at

Appraisal: $149,016.00

Traveling East Street South, turn right at porky’s service station [Victoria Blvd]. Take the 4th corner on the right (Raynell Drive) the subject property will be the 4th on the



Lot No. 186, Coral Harbour Waterways, Coral Harbour

All that lot of land having an area of 12,150 sq ft, being
lot # 186, of the subdivision known as Coral Harbour
Waterways, situated in the western district of New
Providence. Located on this property is a single family
residence comprising of approximately 2,482 sq. ft. of
enclosed living space consisting of 3-bedrooms with
closets, 2 bathrooms, kitchen, living, dining, family &
utility rooms with office (loft), the residence is also
equipped with 2-car garage with electronic doors the land
is on a grade and level; the site appears to be sufficiently
elevated to disallow the possibility of flooding during heavy rainy periods.





Appraisal: $427,726.80
take coral harbour road from the round about, head straight toward the canal, take about the 3rd right, hopkins
drive. the subject property will be the Ist house on the right side painted all white.

Eleuthera Island Shores Subdivision LOT
NO. 1, BLOCK NO. 45,

SECTION E, ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having an area of

9,644 sq. ft. being lot #1 in block 45, Section “E” in

the subdivision called and known as Eleuthera Island

Shores Subdivision, situated in the vicinity of Hatchet

Bay Harbour, on the island of Eleuthera, one of the

islands of the Commonwealth of The Bahams. This
: | site encompasses a two storey building which is
approximately 14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the
upper level, approximately 1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms, front room, dining
room, den, kitchen, and utility room. The wooden porch on the upper level is approximately 148sq. ft. There is also a
water cistern under the dining room floor area. All utilities and services available.



.

Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores:

Lot No. 3 Yamacraw , Beach Estates

All that lot of land having an area of 10,000 sq ft, being
lot no. 3 in Yamacraw Beach Estates, in the said subdivision
situated in the eastern district of New Providence Bahamas.
Located on the subject property is a single-storey triplex
building comprising of 3 units with two 2-bedrooms, 1-
bathroom, living, dining, kitchen apartments unit and one
unit being used as a barber and beauty salon. 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.
Appraisal: $313,016.00
Traveling south on Fox Hill Road,.go pass Yamacraw
Hill Road and Joe Farrington’Road. The subject property is located on the left hand side of Fox Hill road painted
white trimmed brown. ‘



Dorsetteville, Bamboo Town . /
Investment Opportunity Musi Sell Lot No. 5
All that lot of land having an area of 5,000 sq ft, being lot no. 51,
of the subdivision known as Dorsetteville, the said subdivision situated
in the southern district of New Providence Bahamas. Located on
the subject property is a structure comprising of an approximately
20yr old duplex apartment comprising of approximately 1,641
sq. ft. of enclosed living space which includes two 2-bedrooms; 1-
bath, kitchen, living & dining rooms units. and an approximately
Qyr old one bedroom apartment building comprising of 382 sq.
ft. with bath, kitchen, living/dining room. the land is on a grade
and level; 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 with improvements of concrete
parking area & concrete walkways around the premises. The yard is enclosed with chained linked fencing at the side
and back. | ~ .
Appraisal: $202,225.40
- Traveling south on East Street from Soldier Road, turn right at Porky’s Service Station [Victoria Blvd]. Travel pass the third
corner on the left, the subject property will be the 9th on the left side. Painted green trim white.





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 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 junction 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 (sapodilla blvd), the subject house is about 400 yards on the right painted yellow
trimmed gréen, with green and white door. :



ELEUTHERA - LOT NO. 90-D, LOWER BOGUE

All that piece parcel or lot of land containing 42,616 sq. ft. and being Lot # 90-D on a survey plan situated in the settlement of Lower Bogue on the island of Eleuthera,
this site encompasses a commercial building consisting of a restaurant and disco that is approximately 13 yrs old, with a total sq. ft. of approximately 4,852.12, which
includes male & female rest rooms, stage area, 2-dressing rooms, dining room, commercial kitchen and storages inprovements also includes a 660.4 sq, ft, front veranda,
752 sq, ft, concrete walk-ways, and 192 sq, ft, back porch. This building is central air-conditioned.

Appraisal: $490,671.00

This property is situated on the western side of the main Eleuthera Highway & approximately 2,219 ft. northerly of Four-For-Nothing Road, in the settlement of Lower

~ VACANT PROPERTIES

MUTTON FISH POINT NORTH ELEUTHERA : ; ;
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the settlement of Gregory Town on the island of
Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 393.13 hundredth ft.;
outwardly by a 30’ wide road reservation and running thereon for a distance of 402.57 hundredth ft; eastwardly by the main Queen's Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or formerly the
property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has



APPRAISAL: $51,421.00 °

‘ LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of Ingraham’s
Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the islands of the Commonwealth of the
Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90)
ft; on the East by Lot No. 11B and running thereon for a distance of (100) ft; on the south by a 20’ wide road reservation
and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said Lot is overgrown
with shrubs and is in close proximity of a white sandy beach. This neighborhood is zoned residential development and
is quiet and peaceful with a topography of approximately 50ft and because of this there is no danger of flooding. The area
is approximately 80% developed with all utilities and services available.
APPRAISAL: $72,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and designated “F”
which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the settlement
of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and bounded and
abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for
a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and running
thereon for a distance of 393-19 hundredth ft. eastwardly by the main Queen’s Highway and running thereon for a distance
of 113.40 hundredth ft. westwardly by land now or formerly the property of Coridon Limited and running thereon for a
distance of 113.40 hundredth ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful
and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com ° Fax 356-3851





THE TRIBUNE THURSDAY, SEPTEMBER 18, 2008, PAGE 11

INVESTMENT OPPORTUNITY |









Philip White @ 502-3077 email philip.white



MISCELLANEOUS PROPERTIES

THE TRIBUNE,
September 18, 2008

WINTON MEADOWS (Lot No. 382)

All that piece parcel or lot of land having an area of 8,300 sq. ft. being lot No. 382 situated in the subdivision known as Winton Meadows, the said -
subdivision situated in the Eastern District of the Island of New Providence,,Bahamas. This property is comprised of a 24 year old single family
residence with an attached efficiency (formerly the carport) consisting of approximately 2,675 sq. ft. of enclosed living area, front porch-198 sq..ft.,
back patio-380. The building is a two storey house. Besides the efficiency apartment, the house is comprised of 3-bedrooms, 3-bathrooms, inclusive
of a master bedroom suite upstairs. Foyer, front room, dining room, family room, powder room, utility room, breakfast nook and kitchen downstairs.
Climate control is provided by ducted central air conditioning, with air circulation enhanced by ceiling fans and other amenities. Quality of construction:
- Average. Standard of maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently
elevated to disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are well kept, with
improvements including neatly maintained lawns with flowering trees, and a concrete garden/storage shed, which is located in the backyard. The yard
is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railings, and metal gates at the front and back.

APPRAISAL: $365,000.00

Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows Boulevard, turn right onto Meadows Boulevard, go south and take the 4th left, then Ist right. The subject house

is the 2nd house on the left side painted beige trimmed white. - '

patio.



Lot Located Stella Maris, Long Island

All that lot of land having an area of 30,000 sq ft, more or less, having a 150 ft of road frontage & running back 200 ft at its most is located within the _
Stella Maris Subdivision in North Long Island one of the Island of the Commonwealth of The Bahamas. Located on this property is a 6yr old split level
residence consiting of approximately 3,058 sq. ft. of enclosed living space with 2-bedrooms, 2-bathroms, living, dining & tv rooms, kitchen & breakfast
room, also a garage which serves as a laundry room. There is also attached to the home a 10,000 gallon rain water holding tank & 1,202 sq ft of tiled

SIR LYNDEN PINDLING
ESTATES

All that lot of land having an area of
5000 sq ft, being lot 2525/6 of the
subdivision known as Sir Lynden
Pindling Estates, the said subdivision
is situated in the southeastern district

of ‘New Providence Bahamas. This
property is comprised of an
‘approximately 4 yrs old single family
residence consisting of
approximately 1,220 sq. ft of
enclosed living space, with 3-
bedrooms, 2-bathrooms, living/dining

room, kitchen and utility room. 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. the grounds are fairly kept, with improvements
including a walkway. The yard is .enclosed with chain linked fencing.

Appraisal: $155,694.40



Traveling through Pinewood Gardens from East Street. go to the roundabout. heading north from the ©

* roundabout, take the 2nd corner right heading east toward Sir Lynden Pindling Estates. After passing the

convenience store, take the Ist corner right and head toward the Charles Saunders Highway, the property
is the 5th house on the left.



LOT NO. 9, WORKERS
BANK SUBDIVISION |

All that lot of land being Lot No. 9,
in the subdivision known as Workers
Bank Subdivision situated in the
qd western district of New Providence,

approximately 5,600 sq. ft. located
on the subject property is a 3 year old
single storey single family residence
comprising of approximately 1,220
sq., ft of enclosed living space and

2 bathrooms, living, dining and
kitchen, ventilation is provided by ceiling fans. .
Appraisal: $176,494.50

Travelling west on Harrold Road pass the round about of Sir Milo Butler Highway & take the 1st corner
left between The-Testing & Valuation building & The Workers Laundrymat, travel over the hill & the

_ subject property will be located on the right side of the street painted all white.



LOT NO. 359,
ELIZABETH
ESTATES

All that lot of land being Lot No.
359, in the subdivision known as
Elizabeth Estates situated in the
eastern district of New. Providence,
Bahamas & having an area of
approximately 5,000 sq. ft. located
on the subject property is a 22 year
old single family residence
comprising of approximately 871
sq, ft of enclosed living space
consisting of 3-bedrooms, 1-bathroom, living, dining, kitchen & laundry room. The land is flat but
appears to be sufficiently elevated to withstand the annual rain fall. The property is landscaped & contains
low shrubs, flowering & fruit trees - ! : ;

Appraisal: $123,425.00
Travelling east on Prince Charles Drive, turn through the main entrance into Elizabeth Estates —

Commonwealth Blvd, travel all the way to Thelma Gibson Primary School & turn right — St. Vincent
Ave. the subject property will be located on the next corner on the right side of Jamaica Ave & St. Vincent

_ Avenue painted all white.

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.

LOT NO. 6, BLOCK 2, MILLARS HEIGHTS
All that lot of vacant land having an area of 16,000 sq ft, of the subdivision known and designated as Millars Heights,
the said subdivision situated in the southwestern district of New Providence, Bahamias. This property is zonned multi
family / single family. 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.

APPRAISAL: $355,000.00

Travelling west on Carmichael Road after passing Bamboo Shack and East Ave, make a left turn onto West Ave. The
subject property will be on the left handside of the street enclosed with chain link fencing just before Wimpole Street

Lot B, Wilson Street, Rock Crusher

All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock
Crusher and in the vicinity of Perpall Tract situated: in, the western district of New Providence, Bahamas.
This property is zoned multi family/single family. Also located on this property is a structure comprising
of a duplex:at foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed
living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.

Appraisal: $97,214.00

Traveling West on Farrington Road take a right after the P.L.P. headquarters, go about midways
through to Wilson Street, go though the corner all the way to the dead end. The property is located
behind the chain linked fence at the back of the yard.

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

For conditions of sale and other information contact "s
@scotiabank.com or Harry Collie @ 502-3034 * email harry.collie@scotiab

(LOT NO. 62, LOWER
BOGUE) ELEUTHERA

All that piece parcel or lot of land 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

a total living area of approximately -
sq. ft. of approximately 655.75. This

igs home is approximately 85% completed.
The property is well landscaped with crab grass, fiascos and some fruit trees. 7



Appraisal: $229,426.00 ;

This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.

Parcel of Land Dunmore Town, |
Harbour Island

All that piece parcel or lot of land having an area of 10,070 sq ft, situated at Dunmore Town on Harbour
Island, Eleuthera, one of the Islands of The Commonwealth of The Bahamas. This site encompasses a
structure that is up to belt-course. The floor is not poured & is overgrown with bushes. The columns
are poured & the plumbing roughing is in place. This site is approximately 20% complete with a total

‘ square footage of 2,000 sq ft.

Appraisal: $134,630.00

This property is located in Dunmore Town, Harbour Island. This area is equiped with all utilities &
services available.

Lot No. 1010 # 1011, Pinewood Gardens Subdivision
All that lot of land having an area of 10,000 sq ft, being lot # 1010 & 1011, of the subdivision known as

_ Pinewood Garden, situate in the southern district of New Providence, Bahamas. Located on the subject
’ property is a foundation of a proposed structure. the land is on a grade & level; however the site appears

sufficiently elevated to disallow flooding during heavy rainy periods.
Appraisal: $140,000.00

Travelling from East Street south, take Sappodilla Blvd then turn onto Pigeon Plum St heading south, the
subject property is located on the corner of Pigeon Plum & Cordia Street.

Lot No. 1036 Garden Hills Estates

All that lot of land having an area of 5,989 sq ft, being Lot No. 1036 of the subdivision known as Garden
Hills Estates, a said subdivision situated in the southern district of New Providence, Bahamas. This property
is vacant land and is zonned residential - single family. The subject property is severely sloping downwards

Appraisal: $65,000.00

Travelling west on the East West Highway, take the 2nd entrance left into Garden Hills Estates next to Hillside
Mission Baptist Church, travel up the hill on Edelweis Ave to Orange blossom ave. mak a right on orange
Blossom Ave & the subject property is the 2nd on the left side.

Eleuthera - Lot No. 15, North Palmetto Point

All that piece parcel or lot of land containing 22,316 sq. ft. being a portion of a 25.166 acre tract “A” &
being lot # 15 in a development known as Spanish Main situated in the settlement of Palmetto Point on
the Island of Eleuthera, one of the Islands of The Bahamas. This area is complete with all utilities and

services available.
Appraisal: $65,832.00

This property is situatedat Spanish Main just off the Bank Road North Palmetto Point South Eleuthera
district. °

Lot B, Marigold Farm Road Allotment 67

All that lot of vacant land having an area of 1,173 acres and being referred to as the plot. the property is lot No. B and
is situated on Marigold Farm Road in the area known as Allotment 67, a subdivision situated in the south eastern district
of New Providence Bahamas. This property is zoned multi family.

Appraisal: $290,000.00
Traveling from Joe Farrington Road onto Marigold Farm Road heading south. The subject is th 2nd to last property
on the left hand side of the road near the pond.

Bahamas. Having: an area of -

consisting of 3-bedrooms with closets, .

room, kitchen and laundry room, with |

2,342.06. Property also includes a double _
car garage, and front entrance with a total -

A acon aera isceClsioh

i







PAGE 12B, THURSDAY, SEPTEMBER 18, 2008



THE TRIBUNE

INVESTMENT OPPORTUNITY
MUST SELL




NEW PROVIDENCE

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
sa Addition. Situate in the Western
' District on the island of New
* Providence.

Located on the subject property is
_ a newly con-structed single storey
" structure comprising 6,000 feet of
living space with a three. Car
Garage.

No. 17 WESTRIDGE ESTATES



The building is 75% completed and °

comprises five bedrooms, four and a half baths study, living/dining, family room,
kitchen, laundry ana 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 or the right
hand side of the road.

SPOHSAHSSSSCOHFSSSSSESSSFESOSEPSEFIES

Lot #18 BLOCK #27 VENICE BAY Appraisal $591,955.00

A mulitfamily tot of 12,225 square feet comprising three structures. One
complete unit at thé, front comprising 1638 and a porch of 200 square feet of
living space. A middie structure (town house) of 1626 square feet of living
space thats 80% complete and the third building at the rear of the property up
to belt course comprising 1627 square feet. “Each building has two bedrooms,
one bathroom, living and dining areas and
kitchen.








Directions: Travelling West on Carmichael Road, turn onto
Bacardi Road. Travel South past Millar’s Pond just before
reaching Bacardi. Turn Right onto paved road after
passing the pond. Subject is located on the Right side of
the road.

SORSHAKMASHAGHHAHHDARHHESHEBHAHHEED

Appraisal: $171,000.00

LOT #17 ALLEN’S DRIVE
CARMICHAEL ROAD .

The subject property is developed
with a duplex building consisting |
ofapproximately 1,512 square feet
of living space, ‘inclusive of! two ¢&
bedrooms; living ‘and dirling areas, :
kitchen and bathroom. Ventilation |
in bedrooms is by Wall aircondition
units,

Directions: Traveling West on Caemichael take the. Toner North of “Golden Gates,

Assembly immediately before Texico Station. Follow the bend. Subject property is
shortly after passing bend. Painted Green trimmed blue.

BEOROSSOSROOESORSORHORHORSOREOAS

DUPLEX

EMERALD RIDGE, Appraisal: $189,000.00

All that lot of land having an area of
5,100 square feet (S50x101) being lot 54
of the subdivision known as Emerald
Ridge, situate in the Southern District

of New Providence. The property is
| elevated’ and on a level grade and
zoned.as single/multi family residential.

30 year old duplex apartment
cohsisting of approximately 1,325
Square feet of enclosed living space.
Each ' apartment comprises © two
bedrooms, one bathroom, dining room,
2428 living room and kitchen.

Directions: From Soldier Road anaes Nassau Christie Academy, take corner all the way
towards Red Land Acres. Subject is located on the left going over the hill, painted white
trimmed light blue.



AEHAESAS ERLE CRATER COSI EROS SLOSS

LOT #1440 GOLDEN GATES — Appraisal: $335,000.00




Located on this 6,000 square feet
property is a split level single family
dwelling comprising four bedrooms,
two and a half bathrooms, fiving and
dining rooms, kitchen and TV room,
Attached to the main house is two
one bedroom apartments.

Directions: Take Carmichael Road A Headline west, turn corner opposite BFM Church, Cedar
Way, then take first corner on the right, Tangerine Street. Subject will be about the second on
the right hand side of the road.

SOHRHOHSSRHORHOHSORHOESOHHOREOERS




mim oe es ne





CANON JOHN PUGH ESTATES Appraisal: $185,000.00

sy .- Lot 17 comprising an area of
oe ss ; approximately 5,220 square feet.
severe Located thereon is a two year
old single family dwelling of
approximately 1,428 suare feet
4 of living space inclusive of a
; small entrance porch, four
bedrooms, two bathrooms, living
f and dining area, a kitchen anda
1 utility room.



Directions: Travelling North on Fox Hill Road off Prince Charles, take first corner on
the left. Proceed past Foxdale’s entrance and Freddy Munnings Estate. Continue
towards Saint Augustines. Take the last corner on the right and the immediate first
tad on the right. Subject will be the third on the right painted yellow trimmed
white



‘feet of enclosed space. The -



a retail store and. storage |
facility.
Directions: From Golden Gates

Located on the subject property is a 25-~



NEW PROVIDENCE

LOT 31 TWYNAM ESTATES

Appraisal: $456,000.00

A single family property
comprising 11,350 square feet.
Located on this property is an 11
year old single family two storey
residence comprising 3,794 square
feet of living space. The lower
floor consists .of living, dining and
kitchen area. A stairway, bathroom
J and other public areas. The upper
floor contains two bedrooms, one
bathroom, Master Suite inclusive
of bedroom, bathroom and baicony.

Directions: Travelling East on Prince. Gharles Drive, turn Right at Super Value Food
Store. Proceed to the T junction. Turn left, then an immediate Right. Property is
located near the Dead End corner on the Right side of the road.

!
SOVAGHEHTASPRHVESHESHESHCOTEOHOD

y

Lot 1 Block 2
DENEICE CAY & DELORIS DRIVE

VENICE BAY SUBDIVISION $191,000.00

Located on the subject property of
10,066 square feet, is oan
incomplete duplex apartment
complex (up, to Belt Course) of
approximately 2,200 square feet of |
' enclosed living space. The space
consist of (unit 1) two bedrooms,
two bathrooms, living, dining,
kitchen, Unit two consist of two
bedrooms, one bathroom, living,
| dining and kitchen. -

Direstione: Enter gate at Venice Bay, take the first left at Deloris Drive, subject will be
located on the first corner (Deneice Cay) or third property on the feft.

Appraisal:



OROPMOGROGROHR OHH SOR GOH EOHEOHEOD

LOT 238 SUN CLOSE Appraisal: $136,000.00

SUNSHINE PARK

Located on this 4,200 square
feet single/multi family
property is a 20-year-old
building of T-111 wood with
concrete floor, consisting |
approxi-mately 2,198 square |

structure was formerly used as



Shopping Centre, Baillou Hill Road.

Take the third corner on the Right after passing Farmer’s Market. Take the
second Right then First right (Sun Close) regi is the fourth Property on
the Right white trimmed biack. .

WIAA Ss

ELEUTHERA
Lot #115 GOVERNMENT SUBDIVISION
ALICE TOWN, HATCHET BAY



Appraisal: $101,023.00



Vemaued on this ney oF “S; 500 square feet is a 20-year- -old
single family residence of approximately 1,635 square feet of
living space. Included in this home is three bedrooms, two
bathrooms, living, dining rooms and kitchen. ~The house is in need
of repairs.

SHLOKTOTSORLOHTOHROHSOEROCEBOECSOS

EXUMA

BAHAMA SOUND #18
Lots 17663, 17664, 17665 -

The subject property is being
developed with a single family
split level residence of CBS
construction with 1956 square
feet of living space. The top
floor comprises 1496 square
feet and the lower floor
comprises 460 square feet. All
plumbing and electrical rough

Appraisal: $477,880.00



work has been completed. The block work
bottom floor with a portion of the upper floor completed.

is completed on the







FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034 — E-mail harry.collie@scotiabank.com or
PHILIP WHITE @ 502-3077 - E-mail philipwhite@scotiabank.com

Fax: 356-3851 - send bids to P. O. Box N-7518 Rosetta Street, Nassau, Bahamas





THE TRIBUNE THURSDAY, SEPTEMBER 18, 2008, PAGE 13B

INVESTMENT OPPORTUNITY
MUST SELL
FREEPORT FREEPORT

Lot 300, Haddock Street, Section 2
CARAVEL BEACH SUBDIVISION
FREEPORT, GRAND BAHAMA Appraisal: $163,000.00

The: property is multifamily
zoned, contains 11,000 square
feet and is well landscaped with
fruit trees. :
Living accomodations include a
master suite and_ private %
bathroom, two auxiliary ®
bedrooms with closets, | a ge:
‘hallway bath, laundry room and @
enclosed patio. Included in the #
structure is a front porch, ~
entrance foyer, living and dining rooms and a Full service kitchen. Total
area of living space is 1,502 square feet. |







Lot 23A, Block KN, John Wentworth Avenue, Unit 1

BAHAMIA NORTH SUBDIVISION
FREEPORT GRAND BAHAMA SOP $718, 000. OO.























































Located on this Multi Family lot of 23,564 square feet are two incomplete
buildings. Single story Triplex of 3,502 square feet inclusive of Living and
dining area with full service kitchen three bedrooms inclusive of Master
bedroom and two bathrooms per unit.

POCHSOSHHEHHSHSESOSFEH HESS OE HORSES

Lot 12 Block 13 Unit 2
GREENING GLADE. | ,
FREEPORT, GRAND BAHAMA Appraisal: $254,355.00

Located ory this .35 of an
acre property. is a sixteen-
year-old single family
residence comprising four
bedrooms, two bathrooms,
living, dining, storage, utility.
and laundry rooms; there is a
foyer, kitchen and den. The
total area of living space is
3,016 square feet.

FROGPRSHLOGHCOSPLOFLHSFRESHESHTOHE

Lot No. 37 BLOCK 33, CHURCHILL COURT,
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION,
FREEPORT, GRAND BAHAMA __ Appraisal: $337,000.00



ROOCKRHOHHOSLOSHLOSSTIOSHOOHSOHEOERD



All that lot of land Raving an area of 16,533 sq. ft. being lot No. 37 of the
subdivision known and designated as Bahamia Marina and Bahamia Section
4 Subdivision, Freeport, Grand Bahama. Located on this property is a
structure comprising a 3 year old duplex structure which covers
approximately (3,058) square feet. Apartment consisting of two 2-bedrooms,
2-bathroom with private Jacuzzi in master bath, spacious living and dining
room, full service kitchen, a laundry and utility room, foyer/hallway with linen
and storage closet. The property is fully secured by six foot plastic coated
chain-link fence runs along the side and rear and adjoins the painted 4 foot
wall, with 5 foot pillars at front with electronic gate.

Lot 14, Block 11
DERBY SHED on FREEPORT Appraisal: $112,680.00

Lot 14, Block 11 Derby
Subdivision. Located on the
subject property of 11,250
square feet, is an incomplete
single storey single family
“house of approximately 1,008
square feet of enclosed living
space. The space consist of
one bedroom, one bathroom,
living, dining, kitchen. There
are porches at the front and
rear entrances.

SHERGOSKLOHROSHSSHVOSFROSHSOHTOHROO

i

Lot 96 HUDSON ESTATES Appraisal: $116,190.00
B









Lot 12B, Block LN, Unit 2
BAHAMIA NORTH, FREEPORT Appraisal: $54,000.00

The property: is located on Cadwallader Drive and has an area of
approximately 24,001.56 aatare feet. It is multi-family zoned.






































DERBY
UNIT 3, BLOCK 10, LOT 11 (CANAL Lot)

FREEPORT, GRAND BAHAMA Appraisal: $96,000.00

All that piece, parcel or lot land being Block 10, Lot 11 of Derby.

“Subdivision. The land is vacant, rectangular in shape, on level ground

_and is on a canal. Contains. approximately 11, 250 sq. ft. and is ina
single family residential area.

Located on this 72x102 feet property is a 16 years old single
family dwelling comprising 1,490 square feet of living space. This
includes, a living, dining and laundry room, kitchen, three.
bedrooms, two bathrooms, a garage and entrance porch.

HPORKOREHOEHORHOHRHSOEDODLORSOOER

Lot 188 SCOTT AVE, EAST SECTION 1 SUBDIVISION,

‘FREEPORT, GRAND BAHAMA Appraisal: $140,000.00 FAMILY IS LAN Ds

The subject lot is
approximately 12,322 square
feet. Situated on this
property is a single story
single family dwelling of
2,800 square feet of living
space. This includes a small
front porch, a large foyer, a
sunken living room with
fireplace and chimney, a
dining area, a_ full service
kitchen, a family room with
adjoining faundry and
storage room. A hallway with linen closets, a hallway bathroom. Three
auxillary bedrooms with closets and a master bedroom with walk- in
closet and private bathroom.

EXUMA

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION Appraisal: $673,075.00



POOP LOSCHOSHHOSOHVOSVOSHSOH TOO ROONE

Lot 67 Block 7
BAHAMIA WEST REPLAT Appraisal: $219,614.00

Located on this .30 of an acre
property is a newly built 1,900
square feet of living space single
family dwelling comprising an
entrance porch, four bedrooms,
two bathrooms and kitchen; a
living, dining, powder and laundry
room with adequate closet and
storage space,



The subject property is located on Kingway Road and is
developed with an area of 20,000 square feet. Situated thereon is
a residence comprised of 3,645 square feet of living
accommodations, inclusive of 4 bedrooms, 2 baths, with laundry
and utility spaces and a two bedroom one 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. |



FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034 - E-mail harry.collie@scotiabank.com or

PHILIP WHITE @ 502-3077 — E-mail philipwhite@scotiabank.com
ahs 356-3851 - send bids to P. O. Box wa) een Does eas pha aan Bahamas»

i ’ +



PAGE 14B, THURSDAY, SEPTEMBER 18, 2008

THETRIBUNE _



LASER INVESTMENTS LIMITED
(Company number 101,589B)

@ By JEANNINE AVERSA,
IEVA M AUGSTUMS and
STEPHEN BERNARD
AP Business Writers

An International Business Company

(In Voluntary Liquidation)

WASHINGTON (AP) —
We, Pine Limited, Liquidator of LASER INVESTMENTS LIMIT- Another day, but Gr, ae?

ED hererby certify that the winding up and dissolution of LASSER. |--another-bailout: This one’s a
INVESTMENTS LIMITED has been completed in accordance with stunning government takeover.
the Articles of Dissolution and that LASER INVESTMENTS LIM- In the most far-reaching

; op alate avat
ITED has been dissolved as of 3rd day of September. 2008. - Boece tk o Hederal

Reserve, the government
stepped in Tuesday to rescue
American International Group
Inc. with an $85 billion injec-
tion of taxpayer money. Under
the deal, the government will
get a 79.9 per cent stake in one
of the world’s largest insurers
and the right to remove senior
“management.

Dated this 16th day of September, 2008

Pine Limited
Liquidator



t
Ni Oo

The following persons are asked to contact

STOR-IT-ALL OF NASSAU, LIMITED

in connection with items left in storage:



* FRANKLYN KNOWLES —— * JAVAN SWEETING
* ELLISON HANNA « LILA WATERS
* CARLOTTA SCOTT ° PRINCESS MARGARET
* SUSAN CULMER Hosp ITAL.
* SHARON BAIN : SAMANTHA SMITH
¢ VIP ENTERPRISES

2 ROOTS JIN ANAND



All rentals ny be paid and items removed no later than September 23rd, 2008

stor-it-all
Soldier Road

TaN Lowe's Wholesale),
Telephone: 393-0964

VACANCY FOR THE POSITION OF:
| RELATIONSHIP MANAGER,
CORPORATE CREDIT



Core responsibilities:

¢ Acts as Relationship Manager to high risk clientele by liaising with
clients to determine needs and resolve issues, providing answers .
and communication wherever necessary. — LO

¢ Perform maintenance and records management on existing
portfolios and advise Corporate Credit Consultants-of-any-issues. -

¢ Perform constant follow up on high risk/impaired accounts and
institutes proper procedures regarding the collection of same.

¢ Assess financial position of high risk/impaired loans.

¢ Prepare credit proposals by conducting comprehensive financial
and non-financial analysis.

¢ Provide coaching, guidance, and direction to line lenders in the
assessment and structuring of credit facilities. .

Knowledge, Skills and Abilities:

¢ Bachelor’s Degree and five or more years of credit experience.

¢ Strong accounting skills and the ability to provide financial
analyses.

¢ Strong negotiation skills.

° Detailed knowledge of credit and collections.

* Core knowledge of legal practices and documentation.

Benefits include: Competitive salary commensurate with
experience and qualifications; Group Medical (includes dental
and vision) and life insurance; pension scheme.

Interested persons should apply no later than

September 26", 3008 t0: ie alae oes

The Tribune
DA#63405
P.O. Box N3207
Nassau, Bahatnas

AIG’s chief executive,
Robert Willumstad, is expect-
ed to be replaced by Edward
Liddy, the former head of
insurer Allstate Corp., accord-
ing to The Wall Street Jour-
nal, citing a person it did not
name. Willumstad had been at
the helm of AIG since June.

A call to AIG to confirm the
executive change was not
immediately returned.

It was the second time this
month the feds put taxpayer
money an the hook to rescue a
private financial company, say-
ing its failure would further
disrupt markets and threaten
the already fragile economy.

AIG said it will repay the
money in full with proceeds
from the sales of some of its
assets. It will be up to the com-
pany to decide which assets to
sell and the timing. The gov-
ernment does, however, have
veto power.

Under the deal, the Federal
Reserve will provide a two-
year $85 billion emergency
loan at an interest rate of about
11.5 per cent to AIG, which
teetered on the edge of failure
because of stresses caused by
the collapse of the subprime

mortgage market and the cred-

it crunch that ensued. In
return, the government will get
a 79.9 per cent stake in AIG
and the right to remove senior
management.

AIG shares sank $1.34, or
36 per cent, to $2.41 in morn-
ing trading Wednesday. They

traded as high as $70.13 in the -

past year.

Move

The government’s move was —

similar to its bailout of Sep-
tember 7 of mortgage giants

Fannie Mae and Freddie Mac, *

where the Treasury Depart-
ment said it was prepared to
put up as much as $100 billion
over time in each of the com-
panies if needed to keep them
from going broke.

The Fed said it determined
that a disorderly failure of AIG
could hurt the already delicate
financial markets and the econ-
omy.

It also could “lead to sub-
stantially higher borrowing
costs, reduced household
wealth and materially weaker
economic performance,” the
Fed said in a statement.

The decision to help AIG
marked a reversal for the gov-

LUCAN INVESTMENTS LIMITED
(Company number 127,841B)

An International Business Company .

(In Voluntary Liquidation)

We, Pine Limited, Liquidator of LUCAN INVESTMENTS LIM-
ITED hererby certify that the winding up and dissolution of LUCAN

TVET GETMENTS TIMITED has been completed in accordance with
the -articles of Dissolution and that LUCAN INVESTMENTS LIM-
ITED has been dissolved as of 3rd day of September. 2008.

Dated this 16th day of September, 2008

6

Pine Limited
Liquidator



Government steps in

ernment from the weekend,
when it refused to use taxpay-
er money to bail out Lehman
Brothers. Holdings Inc.
Lehman, which filed for bank-
ruptcy protection Monday, col-
lapsed under the weight of
mounting. losses related to its
real estate-holdings.

The White House said it
backed the Fed’s decision
Tuesday.

-These steps are taken in the

in financial markets and limit-
ing damage to the broader
economy,” White House
spokesman Tony Fratto said.
After meeting with Treasury

. Secretary Henry Paulson and

Fed Chairman Ben Bernanke
in a late-night briefing on Capi-
tol Hill, Congressional leaders
said they understood the need
for the bailout. .

“The administration is
approaching an unprecedented _ .

. step, but unfortunately we are

living in unprecedented times.
Hearing of these plans, you
have to stop to cdtch your |
breath. But upon reflection,
the alternatives are much
worse,” said Senator Charles
Schumer, D-N.Y.
In a statement late Tuesday,

AIG’s board of directors said .

the loan will protect all AIG
policy holders, address con-
cerns of rating agencies and’

buy the company time to sell.

off assets.
“We expect that the pro-
ceeds of these sales will be suf-

ficient to repay the loan in full»

and enable AIG’s businesses
to continue as substantial par- ~
ticipants in their respective
markets,” the statement said.
“In return for providing this —
essential support, American
taxpayers will receive a sub-
stantial majority ownership
interest in AIG.”

New York officials said the
deal helps stave off a fiscal cri-
sis for the state. AIG is based

~ in New York.

“Policy holders will be pro-
tected, jobs will be saved,” -
New York Governor David
Paterson said Tuesday night.

In an interview on ABC’s

SEE next page

ATLANTIC MEDICAL INSURANCE
ACCOUNT REPRESENTATIVE

Atlantic Medical Insurance (AMI), part of the Colonial Group of
Companies (CGI) with headquarters i in Bermuda, is seeking an Account

Representative.

CGIL, with offices in Bermuda, the Cayman Islands, the British Virgin
Islands as well as The Bahamas, offers a complete range of premier
‘financial and insurance services and, over the past few years, has.
undertaken significant growth. This is an opportunity to be part of a
rapidly growing innovative company, focusing on providing clients with
first class service and access to competitive products.

Based in Nassau and reporting to the Accounts Manager for AMI, the. ..
Account Representative will be a motivated individual responsible
for marketing and promoting a range of group health products. It is
essential that applicants possess the following qualifications, experience

and attributes: .

Bachelors Degree in a relevant area required

Minimum of 3 years sales experience, with insurance sales
experience and familiarity with group employee benefits
products, including health, group life, LTD and AD&D preferred
Dynamic self-starter

Experience in undertaking presentations

Superior verbal and written communication skills
Strong numerical skills
Proficiency in MSWord, Excel and e-mail iene to intermediate

level

Compensation for the successful candidate will be attractive and linked
to performance. AMI offers an attractive benefits package that includes
comprehensive medical insurance, contributory pension plan, life and



long term disability coverage.

HR lantich m.

If you have a keen commitment to quality results and want to contribute
your talents to a dynamic company, contact us about this opportunity.
Applications will be treated in the strictest confidence and should be
submitted by email to:

The closing date for applications is 19% September, 2008.





THE TRIBUNE



FROM page 14

“Good Morning America”
program Wednesday, former
longtime AIG CEO Maurice
“Hank” Greenberg was asked
whether critics are being fair
who say the situation at AIG
and the financial markets gen-
erally happened because of
greed, bad business practices
and corruption.

“No, I think it’s an unfair
appraisal,” said Greenberg,
who was replaced as CEO
three years ago as part of an
accounting probe. “You know,
there are many things that
contributed to this unfortunate
’ episode. after I left the com-
pany, all the risk management
procedures that we had in
place were obviously disman-
tled. I can’t explain that.
There’s a new board of direc-
tors. One should be asking that
board of directors what they
did and why.”

Greenberg said he has lost

“my entire net worth. Literal-
ly, my entire net worth...

“Worked 40 years building
the greatest insurance compa-
ny in history, one that every-
one in the world envied who
was in this industry. I’ll get by,
but my heart goes out for the
thousands and thousands of
employees and their families
who shareholders and not only
in the united states but world-
wide. That is a tragedy,” he
said.

The Fed’s move was part of
a concerted push to help calm
jittery markets and investors
around the world.

On Tuesday, the Fed decid-
ed to keep its key interest rate
steady at two per cent, but
acknowledged stresses in
financial markets have grown
and hinted it stood ready to
lower rates if needed.

The central bank also
pumped $70 billion into the
nation’s financial system to
help ease credit stresses. In

emergency sessions over the
weekend, the Fed expanded
its loan programmes to Wall
Street firms, part of an ongo-
ing effort to get credit flowing
more freely.

The stock market, which
Monday posted its largest
point loss session since the
September 11 attacks, recov-
ered Tuesday after ‘the Fed’s
decision on interest rates, The
Dow Jones industrials rose 141
points after losing 500 points
on Monday.

AIG’s shares swung vio-
lently, though, as rumours of
potential deals involving the
government or private parties
emerged and were dashed. By
late Tuesday, its shares had
closed down 20 per cent — and
another 45 per cent after
hours.

The problems at AIG
stemmed from its insurance of

mortgage-backed securities:

and other risky debt against
default. If AIG couldn’t make

SUNSHINE INSURANCE

(Acunee & Hangar) Laatnnn

Ceptapiaateia me MM AR § HH

The world’s #1 risk snaciahet

MR. LAVELLE M. HAMILTON

is no longer employed with Sunshine
Insurance (Agents & Brokers) Ltd.
and is no longer authorized to conduct
business on behalf of Sunshine Insur-
ance or any of 1 it s affiliates.



CFA Society of The Bahamas

MONTHLY LUNCHEON SPEAKER EVENT



2008/2009 Officers & Directors

President

David Ramirez, CFA

Pictet Bank & Trust Ltd.

PO Box N-4837, Nassau Bahamas
Ph: (242) 302 2217

Fax: (242) 327 6610

Email:dramirez(pictet.com



Vice-President

Christopher Dorsett, CFA

Citigroup Coiporate & Investment Bank

PO Box N 8158, Nassau, Bahamas

Ph: (242) 362 8668

Fax: (242) 302 $569

Email: Christopher.a.dorsett@eitigroup.cum

Treasurer :
Sonia Beneby, CPA
ScoitaTrust
_ PO Box N 3016, Nassau, Bahamas.
Ph: (242) 502 5718
Fax: (242) 502 6944
Email: soniacurry@bloomberg.nef

Secretary

Karen Pinder, CFA, CAIA

EFG Bank & Trust (Bahamas) Ltd

PO Box SS 6289, Nassau, Bahamas
. Ph: (242) 502 5400

Fax: (242) 502 5428

Email: karen.pinder@efgbank.com

Programs & Public Relations

Jeremy Dyck, CFA

LOM Securities (Bahamas) Ltd.

PO Box CB 12762-525, Nassau, Bahamas
Ph: (242) 323 0032

Fax: (242).323-0084.... 2-0...
Email: jeremy.dyck@lom.com

Education

Velma Miller

Royal Fidelity Merchant Bank & Trust Limited
PO Box N 4853, Nassau, Bahamas

Ph: (242) 356 7764

Fax: (242) 326 3000

Email: velma.miller@royalfidelity.com

Scholarships

Warren Pustam, CFA, CGA

EverKey Global Partners

PO Box N 7776-518, Nassau Bahamas -
Ph: (242) 362 3093

Fax: (242) 362 6950

Email: warren@everkeyglobal.com

Membership

Pamela Musgrove, CFA

Colina Financial Advisors, Ltd.

PO Box CB 12407, Nassau, Bahamas
Ph: (242) 502 7008

Fax: (242) 356 3677

Email: pmusgrove@cfal.com

Past President

Kristina M. Fox, CFA

CIT Holdings Limited

PO Box N 1328, Nassau, Bahamas
Ph: (242) 363 1501

Fax: (242) 362 1502

Email: kf(@cit.co.uk



Topic:

Date:

Time:
Location:
Speaker:
Cost:

Reservations:

World”

11:30 am
12:00 pm
Please arrive promptly!

Arawak Room

Sheraton Cable Beach Resort

Lawrence S. Speidell, CRA

“Frontier Stock Markets: The Next to Join the Einetging

Wednesday September 24, 2008

General Meeting '
Speaker’s Address

Founder and Chief Investment Officer
Frontier Market Asset Management, LLC ~

La Jolla, CA

‘Members - $25.00
Non-Members — $35.00

(Cheques payable: to: CFA Society of The Bahamas)

PRE-REGISTRATON REQUIRED -

by Monday September 22, 2008, contact: —
Jeremy Dyck, CFA, tel. 323-0032, jeremy.dyck@lom.com

* Prepayment required through one of the Board Members

Larry Speidell is founding partner and chief investment officer of

Select Fund.

| Frontier Market Asset Management, sponsor of the Frontier Market

From 2003 to 2006 he was Executive Vice President at Laffer
Associates, an investment management and economic research
firm. Prior to joining Art Laffer, Larry was a Partner and Director of
Global Research and Management at Nicholas Applegate where he
launched the firm’s emerging markets products and developed and
enhanced the firm's international and global quantitative
disciplines. Larry also spent eleven years as a Trustee at
Batterymarch Financial Management where he was a portfolio
manager for domestic and international strategies, was responsible

for one of the first equity funds in China and worked on the
development of a fund-for Russia. As Senior Vice President and
portfolio manager at Putnam Management Company from 1971 to
1983, Larry served as a member of that firm's Investment Policy
Committee.

Larry is a past president of the Boston Securities Analysts Society
and a past director of the Investor Responsibility Research Center
in Washington, D.C. Prior to the investment business, he earned
his B.E. in Mechanical Engineering from Yale University and his
M.B.A. from Harvard University, served as a submarine officer in
the U.S. Navy and was an auditor with Arthur Anderson & Co.



good on its promise to pay

back soured debt, investors
feared the consequences
would pose a greater threat to
the US financial system than
this week’s collapse of the
investment bank Lehman
Brothers.

THURSDAY, SEPTEMBER 18, 2008, PAGE 15B

again, bails out AIG with $85bn

The worries were height-
ened Monday after Moody’s
Investor Service, Standard and
Poor’s and Fitch Ratings low-
ered AIG’s credit ratings, forc-
ing AIG to seek more money
for collateral against its insur-
ance contracts. Without that

money, AIG would have
defaulted on its obligations

and the buyers of its insurance .

— such as banks and other
financial companies — would
have found themselves with-

* out protection against losses

on the debt they hold.



Caribbean Bottling Co. (Bah.) Ltd

Is seeking candidates for the positions of er

- |, Production Supervisor -

_ 2. Bottle Blow Moulding Technician

3. Line Maintenance Technician
4. Senior Electrician
5, Refrigeration Technician

. If you are interested in these positions ‘and feel you have the necessary experience to perform
these jobs, please submit your resume by applying i in wn aye hand seven or mail to:

Human Resource Manager.
Caribbean Bottling Co. (Bah.) Lid
P,O.Box N-1123

-Nassau, Bahamas

Or by email to:
Jfountain-moss @cbebahamas. com on or before Friday October ard, 2008 .

RBC WEALTH MANAGEMENT (BAHAMAS)

is considering suitable applications for

‘Investment Manager

Candidates for this vacancy should possess the following qualifications:

e University degree (preferably in Business. and/or Economics)

e CFA designation (or candidacy), certifications in the j areas of Financial.
Planning and/or portfolio management
Minimum 5 years investment industry experience. .
Portfolio management experience (5 years +) . .
PC Literate and experience using industry standard software
Specialized knowledge in sales, investment policy, statements and general
knowledge in tax legislation, financial planning, estate and trust.
Fluency in English and French (language skills in spanish would be an asset
but are, not required)

Responsibilities Include:
Retention and growth of the private client discretionary investment .
management business
Assisting high net worth clients in establishing their investment objectives and
tolerance for risk
Development and implementation of customized portfolio strategies
Provide counsel to clients on the firm’s investment policies and strategies and
communicate portfolio performance
Oversight of performance investment reviews to ensure.a suitable/appropriate
asset allocation is in place and opine on investment performance where
appropriate ae

e Overall sales and relationship management. me

RBC Wealth Management services high net worth clients in over 150 countries
around the world. Royal Bank of Canada Trust Company (Bahamas) Limited
plays a central role in the international wealth management network.

This position offers opportunities for career and professional development. We -
offer an attractive compensation package, which includes: incentive bonuses and
a comprehensive health & benefits plan.

Applicants should apply by
Tuesday, September 23, 2008 to:

Shelly Mackey

RBC Wealth Management (Bahamas) Limited
P.O. Box N-3024

Blake Road & West Bay Street,

Nassau, Bahamas

Email: Shelly.Mackey@rbc.com

All applications will be treated in the strictest confidence. We will only respond
to applicants with suitable qualifications and experience.

heg= a 4 31 © ‘
RBC > HELPING YOU SUCCEED S# Royal Bank :
CATES EEE eo uy Ga CRE WE UTE | R rey of Canada



PAGE 16B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE





ONStenu |

- For the stories

| ent =m es
read Insight
on Mondays !




























MANAGEMENT OPPORTUNITY - IT MANAGER:

BA in Computer Science - Masters degree
preferred

| ° Minimum of 5 years IT management experience
¢ Strong leadership skills

° Excellent communication and time management
skills

Responsible for system oaisrdauo: security
and management of network server

Manage and maintain data storage, back-up
procedures, company phone systems and other
communication devices

e Excellent salary based on experience

; © Full benefits

Qualified persons please send resumes to:
c/o The Tribune
DA 65855
P.O.Box N3207
Nassau, Bahamas

ee ae

Ships Captain

needed for
Family Island Operation |

entree

Minimum qualifications:

ie RRR +n.

1) 200 GRT class A License
(Port Authority Nassau)
2) Minimum of 5 years experience
while holding 200 GRT License
3) STCW- 95 certification,

engines

. Send Resume - with references to
United Shipping Company (Nassau) Ltd
by e-mail to

overations@unitedshippingnassau.com

or by post to P. 0. Box
N-4005, Nassau, Bahamas.

__52wk-Low
1.51 Abaco Markets 1.81

11.60 Bahamas Property Fund 114.80



8.50 Bank of Bahamas 8.50

0.85 Benchmark 0.89

3.49 Bahamas Waste 3.49

y 1.62 Fidelity Bank 2.37

1 14 11.00 Cable Bahamas 14.10
{A.VF 2.85 Colina Holdings 2.85
3.50 4.80 Commonwealth Bank (S1) 7.00
: 3.20 Consolidated Water BDRs 4.29
2.25 Doctor’s Hospital 2.78

6.02 Famguard 8.06

12.00 Finco 12.00

11.54 FirstCaribbean Bank 11.60

5:05 Focol (S) 6.25

1.00 Focol Class B Preference 1.00

0.40
5.57

0.40 Freeport Concrete
3 y 5.50 ICD Utilities
"50 8.60 . J.S. Johnson
9D a8 0,00 , ;

52wx-Low Securi
1000.00
1000.00
4000.00
1000.00

KH
y FBB17
) FBB22
FBB13
FBB15

“OT OF Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series CG) +

Fidelity Bank Note 15 (Series D)






Bid S
14.60
6.00
0.35

Symbol
Bahamas Supermarkets
Caribbean Crossings (Pref)
_._RND a re 5

Hi S2wk-Low
450 14.25

; £.00 6.00

t 154 0.20



~ "41.00 >
14.60
0.45

41.00 41.00
YA. 60 14.00
0.55 0.40

ABDAB-
Bahamas Supermarkets
RND Hote ngs. ie






“Fund Name
Colina Bond Fund
Colina MSI Preferred Fund
Colina Money Market Fund
Fidelity Bahamas G & 1 Fund
Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
CFAL High Grade Bond Fund

52wk-Low
1.2652
2.8869

> owk-Hi
,|.3320
#3 9250
1287 1.3554
7969 3.3971
2.3870 11.7116
, 90.0000 100.0000
§)00.9600 99.9566
0000 1.0000
».5000 9.4075
O147 1.0000
ji 0119 1.0000
0119 1.0000 __

Fidelity International Investment Fund
FG Financial Preferred Income Fund
FG Financial Growth Fund

EG Financial D




i
\
i < ALL SHARE INDEX - 19 Dec 02 = 1,000.01
j k Highest closing price in last 52 weeks
west closing price in last 52 weeks

- Previous day's weighted price for daity volume








nt day’s weighted price for daily volume
losing price from day to day

of total shares traded today

er share paid in the last 12 months

divided by the last 12 montn earnings

|\(S) - 4-for-1 Stock Split - Effective Date 8/8/2007
(S1) - 3-for-1 Stock Split - Effective Date 7/11/2007

S TRADE Cnt: CrAL











100.00
100.00
2 Pidenty, RNB TER CRIES Sexppciateets

eax 60
6.25
0.40

43.00.
15.60
0.55 s
‘BiSX tisted Mutual Funds ©
YTD%
3.09%
0.81%
2.75%
-5.70%
3.80%

1.01%

-10.40%
1.47%
0.27%



YIELD
Bid S - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price
Weekly Vol.
EPS S$ - A company’s reported earnings per share for the last 12 mths
NAV - Net Asset Value
N/M - Not Meaningful
FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100
+ - Nominal value = $1000.00

IDELITY Se ey FS PEAT AL MARKET.



lm By GEORGE FREY
AP Business Writer

FRANKFURT, Germany
(AP) — European markets
showed some optimism briefly
Wednesday, then fell lower for
a third day after the US Fed-
eral Reserve bailed out strick-
en insurer AIG amid fresh
injections of cash by major cen-
tral banks.

Russia’s primary stock
indexes, MICEX and RTS,
continued to plummet, with
banking stocks leading the way,
prompting regulators to halt
trading at midday. As of 5pm
(1300 GMT), trading had still
not resumed.

On Germany’s blue chip
DAX 30 there were more
losers than gainers but at the
end of the trading day, it was
down 1.7 per cent. In Paris, the
CAC 40 was down 2.1 per cent
with shares of Alcatel-Lucent
down 8.5 per cent and steel-
maker ArcelorMittal down 8.1
per cent.

The London FTSE 100,

’ which had managed to climb

one per cent, ended up falling
5.4 per cent, ‘with Lloyds TSB
bank up more than 17 per cent
on reports that it was in merg-
er talks with HBOS mortgage

_ bank.

Declines were also séen on

_. exchanges in Madrid, where

the SMSI slid 2.5 per cent and
in Stockholm, where stocks
dropped 3.4 per cent.

In New York, Wall Street

plunged again in midday trad-
ing as the Dow Jones industri-
al average fell 346.69, or 3.13
per cent, to 10,712.33. The
blue-chip index is down more
than five per cent on the week,
and has fallen more than 23
per cent. since reaching a
record close of 14,164.53 on
October 9 last year.

The downward spiral comes
as investors sent global stocks
spiraling downward earlier in
the oe reacting with alarm
to the upheaval on Wall Street
that saw investment bank
Lehman Brothers Holdings
Inc. file for bankruptcy and
Merrill Lynch & Co. sell itself
to Bank of America Corp.

On Tuesday, the Fed decid-

ed to keep its key interest rate _

on hold at two per cent, but

acknowledged stresses in finan-_

cial markets have grown. The
Federal Reserve also helped
allay some fears about the
financial system with a $85 bil-
lion emergency loan to shore
up insurance giant American

’ International Group Inc. Tues-

day. The Fed said it acted
because a disorderly failure of
the company, whose financial
dealings stretch around the

world, could hurt the already

delicate markets and the econ-
omy.

But there were. lingering
fears across the region of more
trouble ahead should bank
stocks sink further and credit
losses continue to pile up.

On Wednesday the Swiss,

OF TE BABASE

cs... EMPLOYMENT OPPORTUNITY _
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency -
responsible for the oversight, supervision and regulation of the Investment
Funds, Securities and Capital Markets in or from The Bahamas, as well
as the supervision of Financial and Corporate Service Providers, invites
applications from qualified Bahamians for the following position:

LEGAL OFFICER

Responsibilities:

¢ Ensuring that participants in the snalnstcy are in compliance with

provisions under the legislation

° Overseeing the litigation matters of the Commission

Qualifications and Experience:

° Called to the Bahamas Bar at least 3 years

° Court / litigation experience

Competencies:

¢ Excellent oral and written communication skills -

_ Excellent legal research skills
. © Excellent analytical skills

¢ Proficient in computer skills (Microsoft Office applications; particularly

Word)

_ A-competitive salary and benefits are being offered. To apply, please

_ write attaching a resume to:

MANAGER ~ HUMAN RESOURCES
SECURITIES COMMISSION OF THE BAHAMAS
P. O. BOX N-8347
NASSAU, BAHAMAS

Fax: 356-7530 ~
E-Mail: info@scb.gov.bs -

Applications should be submitted.no later than September 30, 2008








1.81 0.00
11.80 0.00
8.50 0.00
0.89 0.00
3.49 0.00
2.37 0.00
14.10 0.00
2.85 0.00 100,000
6.97 -0.03 10,750
4.41 0.12 7
2.78 0.00
8.06 0.00
12.00 0.00 1,750
11.60 0.00
5.25 0.00
1.00 0.00
0.40 0.00
8.20 2.63 5,000,000
2.00 0.00
30:00









Last Pri
14.60



Last 12 Months
5.27%
4.78%
4.24%
5.40%
5.77%

1.01%

-10.40%
1.47%
0.27%

pata oo uas



st 12 month dividends divided b: ing price

- Trading volume of the prior week





AR AAS
Divs

pipmnpeeionnr

0.040
0.300
0.052
0.040
0.280
0.570
0.460
0.140
0.000
0.000

y
19 October, 2017
Prime + 1.75% 19 October, 2022

30 May, 2013

NAV Date
31-Jul-08
31-Aug-08
12-Sep-08
31-Aug-08
31-Aug-08
31-Dec-07
30-Jun-08
31-Dec-07
31-Aug-08
31-Jul-08
31-Jul-08

Yield%






4
‘

Japanese and Russian central
banks continued to pump more
liquidity into financial systems
in an effort to keep lending
between banks flowing, while
the European Central Bank
and the Bank of England held
off on more short-term lend-
ing.

The Fed also pumped $70
billion into the US financial
system in the past few days to
help ease credit stresses.

In Frankfurt, insurer Allianz

SE was up nearly 2.6 ‘per cent ,
.after it also suffered losses ear-

lier in the week on the
prospects that it could profit
from some of AIG’s woes in
the US, either by snapping up
business or eventually parts of
the company,

Barclays Capital bank was
11.5 per cent higher on news
Wednesday that it would buy
Lehman Brothers’ North
American investment banking
and capital markets operations.

“The proposed acquisition
of Lehman Brothers North
American investment banking
and capital market operations
accelerates the execution of

‘our strategy of diversification

by geography and business in
pursuit of profitable growth on
behalf of our shareholders, in
particular increasing the per-
centage of Barclays earnings
sourced in North America,”
Barclays Chief Executive John
Varley said.

Asian stocks turned in a

' mixed performance Wednes-

day, giving up early gains.
Japan’s Nikkei 225 average
added 1.2 per cent to 11,749.79

after sinking nearly five per .

European markets
ll for third day

cent the day before to its low-
est finish in more than three
years. South Korea's Kospi
climbed 2.7 per cent and Tai-
wan’s benchmark rose 0.8 per
cent.

But Hong Kong’s blue-chip
Hang Seng Index dropped 3.6
per cent to 17,637.19, dragged
by Chinese banks to its worst
close since October 26. China’s
Shanghai benchmark fell 2.9 .
per cent, while Australia's
S&P/ASX 200 shed.0.6 per
cent.

There were lingering fears
across the region of more.trou-
ble ahead should bank stocks
sink further and credit losses
continue to pileup. |

“AIG helped stabilize the
market earlier, but there could
be more turmoil. You‘don’t
know who’s next to go,” said
Francis Lun, general manager
of Fulbright Securities Ltd. in
Hong Kong.

Oil prices rose somewhat
Wednesday but were still
markedly lower, on the
prospects. of less future
demand and less than expected
damage from Hurricane Ike,
which was still affecting parts
of the US midwest Wednes- -
day. Light, sweet crude for

-October delivery rose $1.45 to

$92.60 a barrel in early trading
on the New York Mercantile
Exchange. The euro was down
to $1.4126 in late European
trading Wednesday from the
$1.4156 it bought in New York
late Tuesday. The British
pound climbed to $1.7889 from
$1:7864, while the dollar fell to”
104.65 Japanese yen from
105.82 yen.

NOTICE

NOTICE is

iven that ROSELOURDES PIERRE

9

of PETER STnEe T, 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 18TH day of SEPTEMBER
2008 to the Minister responsible for Nationality and
Piero UP: P.O.Box N- 7147, Nassau, Bahamas.

NOTICE |

NOTICE is hereby given that GABRIEL PIERRE. of #79
St. Charles Vincent Street, P.O. Box N-1979, Nassau,
Bahamas is applying to the Minister responsible for

Nationality and Citizenship,

for registration/naturalization

as a citizen of The Ba amas, 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 11TH day of SEPTEMBER 2008 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-

7147, Nassau, Bahamas.





Nassau Airport

Development Company















The Nassau Airport Development Company (NAD) is seeking
candidates for the role of Manager, People. The successful
candidate will be responsible for all aspects of human resource
management at NAD, including employee compensation,
payroll and benefits, training, labour relations, health and safety,
communications, social activities and community involvement.
This position reports to the Vice President, Finance and Chief
Financial Officer and will involve daily interaction with NAD
staff, senior management, and executives.



The ideal candidate will have a post secondary education in a
field consistent with human resource management, and will be
able to work independently to manage inultiple priorities and
stakeholders in a fast paced work environment. At least five
years experience in a similar position is preferred.

This position offers competitive compensation and benefits,
consistent with experience and qualifications.

"you are interested in joining our dynamic team, please
Sieg ys or 119 Septarniber 2% 288 0 f

Managet,
Nasemt Airport Development Co.

Ze Oris toed apie canis short listed wil be contacted.








People

PO Box APS9229
Nassau, Bahamas



THE TRIBUNE THURSDAY, SEPTEMBER 18, 2008, PAGE 17B

ae en ee ee

GN-744

Fed’s no-change
decision could be
followed by cuts

MINISTRY OF FINANCE
TENDERS FOR CUSTOM
OFFICERS UNIFORMS

FOR THE YEAR 2008/2009

Neckties - Black
Socks - Black

SSI AKRwWNE

Male Shoes - Black
Female Shoes - Black
10. Work Pants - Navy .
11. Work Shirts - Navy

Uniform Shirts - White (Long Sleeves)
Male Trousers - Black —

Female Pants - Black ©

Female Skirts - Black

Female Vests - Black



sumer prices down by 0.1 per
cent in August, the first month-

ly decline in almost two-years.

“The odds are rising that the
Fed will cut rates before the

year is out. The economy is:

going to weaken further, infla-
tion will moderate measurably
and the financial markets will
remain unsettled,” said Mark

Zandi, chief economist at ©

Moody's Economy.com.

Zandi said he is looking for
the funds rate, which has not
been changed since the Fed
pushed it to two per cent in
April, will be at 1.5 per cent
by the end of this year.

Zandi said if financial mar-
kets remain unsettled, the first
rate cut could occur before the
Fed’s next meeting on Octo-
ber 28-29.

David Jones, chief econo-

mist at DMJ Advisors in Den-

ver, said he is also looking for

two quarter-point moves
before the end of the year.
Jones said he was not sur-
prised that the Fed did not cut
rates this week, given that it
was only a short time ago that



GOVERNMENT NOTICE
Ministry of Finance

THE REAL PROPERTY
TAX ACT, 1969



Pursuant to Section 7(2) of the Real Property Tax Act, 1969, as amended, the Chief
Valuation Officer ig? gives notice:-



(a) that spies of the assessment list are available as required by
subsection (4) of Section 7 of the Real Property Tax Act, 1969
(hereinafter in this notice referred to as the Act) and may be
m@ By MARTIN inspected at the Valuation Office or the Treasury, on or after
CRUTSINGER 15" October, 2008.
AP Economics Writer nes .
WASHINGTON (AP) — (b) that a Notice of Assessment addressed to each owner of —
‘The Federal Reserve did not . property liable to tax under the Act is available at the Valuation
lower interest rates despite all Office, located at Frederick House, Frederick Street and may
the spe guia upheavals be collected therefrom by or on behalf of the owner of such
ae er _—_ Property ring normal working hours |
cut rates in coming weeks. :
Many economists believe _ (c) that pursuant to subsection (3) of Section q of the Act, upon the
Federal Reserve Chairman expiration of five (5) days after the publication of this notice, a
Ben Bernanke and his col- Notice of Assessment shall be deemed to have been served on
leagues decided to save their every. owner of property: liable to tax under the Act;
remaining ammunition, given
. that their key lending rate is
already at.a jee no Be Gent. (d) that without prejudice to the provision of subsection (3) of
so that they will have room to Section 7 of the Act, the Chief Valuation Officer may at any
make cuts later this year if - time after the publication in the Gazette of this notice send by
nee feta * post, a Notice of Assessment addressed to any owner of
aceon 7 Sree tee thie property liable to tax under the Act;
central bank did acknowledge : ce :
the stomach-churning turmoil (e) That pursuant to Section 9(1) any person aggrieved by a notice
investors have seen since this of assessment deemed to have been served under this Act may
eae oe a object thereto by serving on Chief Valuation Officer within
_ Ina Wall Street restructur- thirty days after the date on which the notice of assessment is
ing the likes of which have not Pine tee ASSES
been seen since the*Great deemed to have been served, a notice in writing of such
Depression, Lehman Brothers, . objection stating the grounds upon which he relies.
the nation’s fourth largest
investment bank, was forced
to declare bankruptcy, bro-
kerage giant Merrill Lynch was (f) that pursuant to Section 18 of the Act (but subject. to
forced into a sale to Bank of - provisions of Section 10 (3)* of the Act) the tax in respect of
‘A menica aid the Butoiis ; property will be due and payable by the owners of property not
largest insurance company, __!N THIS July 16, 2008 file photo, Federal Reserve Chairman Ben later than sixty days after the ‘date on which’ notice of
American International Bernanke testifies before House Financial Services Committee hearing assessment is deemed to have been served. Accordingly ‘ae
Group,'was provided Tuesday _ on Capitol Hill in Washington. , ?
night with an $85 billion loan (AP Photo: Susan Walsh) the duty of each taxpayer to ensure that he receives a Notice of
from the Fed so that it could Assessment;
eT Rea receded this tur- concen. . 1 pent een ae mee (g) ‘that the exemption ‘has been allowed for 2008 on those
till, that phrase at least ‘financial shocks, which are i ied
tout by aeartine ae strains - moved the Fed away from tilt. _ expected to depress consumer properties. which have been Geli hs own: Toe
m sae ee ae i Stave ing toward an increase ininter- spending even more. It was residencies., and have satisfied the conditions: under Section
ane He B ae vealnank ato eh est rates, which is where it _ already weak in light of a rising _ 3(4i) of the Real Property Tax (amendment) Act .2002.
short of cutting the finds caret _ Seemed to be headed with its eneaplgyaew pals wie we pes eo However, ‘the owners are by law, required to disclose to the
_ further, which many investors ae mene ae omit an eee Yemeet en oh. Chief Valuation Officer any changéi in the circumstances of
- Wall a had top tO least prepared the way for fur- In addition, analysts said the occupation. which does not entitle the property for the
on a an Sn 3 se oe ther rate cuts, with many ana- __ Fed will be able to move to cut exemption allowed. *(Section 40 is reproduced below);
ao sighalthat ee sce ie lysts saying they are looking _ rates further because inflation, ;
~ - for two small quarter-point which had been seen as a
ly as move would be to cut noves before the end of the threat when oil prices were (h) that pursuant to Section 7 (3) of the Act, persons receiving a
anatend the’Ped‘deslated? 2° a" ; _ Surging, has begun to recede Notice of Assessment and Demand Note for the first time
fiat the. “downside: riske-to,> eo eee oe they Deliexe: «now that oil has fallen from ab should therefore examine the.columns marked “Tax payable for
growth and the upside risks to the economy will Very likely all tume fight ot S147 per? auch the year”and “Tax for period to. pS, as
* flatioii aré both of sienificant not be able to avoid an out- own to below $100 per barrel. ' ear: Gue f candor BS
5a 8 The government reported it would indicate the amount due for current an PROF years.
Tuesday that a big drop in Ae te
energy costs helped push con- (i) that if you are a Bahamian citizen/company and own faved

property situate in new Providence or a non-Bahamian

“-citizen/company (less than 60 percent of shares beneficially

owned by citizens of The Bahamas) and own property situate
in the Commonwealth of The Bahamas and have never
received a Notice of Assessment and Demand Note, you are

~ required by Section (8) of the Act to make a declaration of

your property not later than 31° December, 2008 . Declaration -
forms for this purpose are available at the Valuation Section

and should be returned accompanied by documentary proof of

Bahamian citizenship and in the case of a Bahamian Company,

a copy of the Company’s latest annual statement of return.

* Section 10 (3) is as follows:-

“The Chief Valuation Officer shall dismiss any such objection unless
the whole of the tax payable under the Notice of Assessment shall
have been deposited with him or for good cause, the Chief Valuation
‘Officer determines~that the objector shall be relieved of the
requirements of this subsection in whole or in part and is satisfied that
the objector has complied with any such determination which gives
partial relief only.”

Section 40 is as follows:-

Any owner who is granted an exemption under the provisions

Tenders should be addressed to: Fed officials were signalin (1) ‘ ; ae
aling
: that their next move would be of Section 39(1)(f), by reason of the property qualifying as
Fi iad Seereta a rate increase. But he said the owner-occupied property, shall where he is aware of any
ais oie Eye cone ae ae nave ‘ circumstances or facts which do not entitle the property to the
inistry of Finance. chow tka; ihe balaneSbe dake exemption disclose to the Chief Valuation Officer those
ania va Whitfield Building has now clearly shifted away circumstances or. facts;
able Beac from inflation to the threat of a
Nassag. The Bahamas recession. (2) Any owner who knowingly fails to comply with the
, Wall Street, which initially requirements of subsection (1) is guilty of an offense and liable
Seory nt va = euila be on summary conviction to a fine of one thousand dollars or to
Sealed envelopes are to be clearly marked . iicnatigen dice aay sath imprisonment for a term of three months or to both such fine
Tenders | for Customs Uniforms” and should a rally that was bolstered not and imprisonment; and the court shall upon conviction of an
be submitted by Friday, 19th September 2008. by the Fed’s rate decision but offender, in addition to any other penalty imposed, order the
eae ee offender to pay to the Treasurer a sum equivalent to twice the
Specification of the quantity and quality for | major aah sion far AIG. amount of the tax which would have been payable but for the
uniforms may be collected at Custom House Fed officials later announced exemption had the disclosure. been made; :
: alee they would supply an $85 bil-
Thompson Boulevard, Monday through Friday lion loan to rescue the huge ay Maaaaint he ti hin «hich dj b
between the hours of 9:00a.m. to 5:00p.m. insurer. (3) OUNITERALOD AS 10 Ene AIRE, WITTE Wiel) PLOCECOINES aay OS

All rights are reserved to reject any or all tenders.

Signed
COLINS HIGGS

Financial Secretary (Actg)



The Dow Jones industrial
average rose by 141.51 points
on Tuesday, one day after hav-
ing fallen by 504 points as
investors pushed down stocks
by the largest amount since
right after the September 11,
2001 terrorist attacks.

brought for the prosecution of a summary offense shall apply
to proceedings under subsection (2).”

CHIEF VALUATION OFFICER/
CONTROLLER OF INLAND REVENUE

MINISTRY OF FINANCE



PAGE 18B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



Bahamian brokers ‘ii mn Jills

NOOK KawIrlAleyer.l

designation first



THREE Bahamian real
estate brokers at ERA
Dupuch Real Estate have
become the first outside the
US to qualify for the fran-
chise’s highest certification in
its luxury real estate division,
the ERA International Col-
lection.

“This has been an incredi-
ble year for us,” said Peter
Dupuch, founder of the firm.
Earlier this year, ERA
Dupuch brokers walked away
with Beyond Excellence
Awards, joining the ranks of
the top 10 per cent in the real
estate industry.

Mr Dupuch added: “Now to
be the first agency in the entire
world outside America to
make the grade for the Inter-
national Collection designa-

tion - and not just one broker,
but three from the same firm.
We are really proud and hon-
oured, but it is-also a testa-
ment to the value of propert

in the Bahamas.” :

Qualifying for the Interna-
tional Collection were Mr
Dupuch, a 20-year industry
veteran who speaks four lan-
guages, a graduate of McGill
University in Canada, and
commercial pilot who is as
likely to fly associates as clients
around the islands to famil-
iarise them with listings; Ken
Chaplin, who came to the real

estate industry after a strong |

career in high-end retail; and
Kyla Ralston, whose earlier
experience in interiors pre-
pared her for luxury market-
ing.

“The {International Collec-
tion is the créme de la creme
of properties around the
world, and when a broker

_ qualifies, his or her listings are

marketed on.a whole different
level, whether it is the Sunday
New York Times or the Robb
Report Luxury Collection,”
explained Mr Dupuch.

“Listings also go on a sepa-
rate International Collection
website and on
eracaribbean.com. Emphasis
is on knowing the market thor-
oughly and providing a per-
sonal touch with service that
goes beyond anything you
have ever done before.

“Tt could be a detail as small

as adding throw pillows and

orchids to an austere setting, or
as large as rumours of a com-





Ra

TOP SELLERS — Brokers Ken Chaplin (left), Kyla Ralston (centre) and the firm’s founder, Peter Dupuch,

recently became the first brokers outside.the US to qualify for the highest certification in the global fran-
chise’s luxury property division: Chaplin, Ralston and Dupuch are pictured on the bridge to Paradise Island,
where property sales have helped make this the best year in the firm’s history.

ing change, for better or worse,
in the area, but there is no
room for error.

“You have to deliver a flaw-
less experience. Although Col-
lection listings can start at
$800,000, there are also those
like a $19.5 million, 7-bed-
room, 9-bath, estate in New
Jersey with music studio, five
car garage, racquetball court,
bowling alley and indoor pool.
And then there are the amaz-

ing properties of Ocean Club
Estates right on Paradise
Island, where we have a list-
ing now in.the Collection for

, $5.2 million.

“In lifestyle and quality, they
can compete with many of the
finest properties of the world.

_And wehave listings in Abaco
and Nassau that qualify.”

. Mr Dupuch founded the
firm in 1993, joining the ERA

Real Estate network in 2001

(Photo by Tim Aylen for DP&A)

with more than 38,000. brokers
worldwide and some 3,000
offices in the US, Europe and
the Caribbean.

Last year, ERA Real Estate
won the prestigious J.D: Pow-
er and. Associates Award for
Highest Overall Satisfaction

‘for Repeat Home Sellers
Among National Full-Service
Real Estate Firms.

_This year, its new website
has won numerous awards.



Housing construction plummets 6.2 per cent in August

= By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON (AP) — Con-
struction of new homes and apart-

ments fell to the lowest level in 17°

years last month, showing the country
is still gripped by a severe housing
downturn that has triggered billions of
dollars of losses and is reshaping the
structure of US finance.

‘The Commerce Department
reported Wednesday that housing
construction. dropped a surprise 6.2
per cent last month to a seasonally
adjusted annual rate of 895,000 units.
That’s the slowest building pace since

January 1991, another period when-.

housing was going through a painful

correction. :
‘The decline is larger than the 1.6

per cent drop analysts expected and

showed weakness in all the country
‘except the West.

The data was bound to shake Wall
Street, already rattled by a crisis in
the financial system. Stock futures
pointed to a lower opening.

The ‘housing downturn has
depressed overall economic activity

and pushed the country close to a.

recession. Thousands of construction
jobs have been lost, contributing to an
economic slowdown that has pushed
the overall unemployment rate to a
five-year high of 6.1 per cent in

August. —- saat:

There have been steep declines in
home prices in much of the country.
This has helped trigger record levels
of mortgage defaults, dumping more
homes on an already glutted market
and further depressing prices. The
billions of dollars of losses:on mort-
gage investments have sent shock-
waves through the country’s financial
sector, triggering the biggest restruc-
turing on Wall Street since the Great
Depression.

Seized ©

In the past 10 days, the government

has seized control of the country’s

two biggest mortgage finance com-

panies, Fannie Mae and Freddie Mac,

and late’ Tuesday announced it was
providing an $85 billion emergency

-loan to.the country’s largest insur-

ance company, American Interna-
tional Group Inc. (See full story on

pages 14 & 15B) All three titans were.

brought low by soaring losses on

. Mortgage investments.

For August, the 6.2 per cent drop in
housing construction reflected a 1.9
per cent decline in single-family con-
struction which fell to an annual rate
of 630,000 units.

Construction of multi-family units
fell by 15.1 per cent to an annual rate
of 265,000 units.

Building activity was down in all
parts of the country outside of the
West. Construction fell by 14.5 per
cent in the Northeast and was down,
13.6 per cent in the Midwest dnd 7.4
per centin the South. ~

All the declines left constriction:
activity 33.1 per cent below the level
of a year ago. Analysts believe that
construction will continue falling for

. many more months as builders strug-

gle to reduce the backlog of unsold
new homes in a market that continues
to slump.

Building permits, considered a good
indicator of future activity, dropped
8.9 per cent in August to an annual

rate of 854,000 units.



Cheryl Bowe-Moss Elected
fo the Board of the
Caribbean Confederation of Credit Unions

Mrs. Cheryl Bowe-
Moss, President of the
Board of Bahamas Co-
Operative League Lim-
ited was elected to the
Board of Directors of
the Caribbean Confed-
eration of Credit Unions
at the Confederation’s
Annual General Meet-
ing. Mrs. Bowe-Moss
will serve as Secretary
of The Board for the pe-
riod 2008 — 2009.

Under the theme “One Unified Co-
operative Sector for Competitive Advan-
tage, the Caribbean Confederation of
Credit Unions hosted its Annual Confer-
ence and General Meeting in Ocho Rios,
Jamaica. The four-day event was officially
opened by the Prime Minister of Jamaica,
the Honorable Bruce Golding.

The mission of the

‘-

Chery! Bowe-Moss



strengthen, unite and °
promote sustainable de-
velopment for coopera-
tives in the Caribbean
as a vehicle for sociveco-
nomic development.

. Fifty-seven rep-
resentatives from the
Bahamian Credit Union
movement attended the
Conference and Annual
General Meeting. ‘The

Bahamian ~ delegation

included the Director of Co-operative

Caribbean

Confederation of Credit Unions is to



we ae

Caribbean Confederations of Credit Unions - 2008 Opening

Development, Mr. Nathaniel Adderely,
President of the Bahamas Co-operative
League Limited, Mrs. Cheryl Bowe-
Moss and other Directors and Manag-
ers of local credit unions.

The Bahamian Credit Union move-
ment has over 30,000 members and as-
sets totaling $217 million dollars.

eee



Ley ?











PAGE 2, THURSDAY, SEPTEMBER 18, 2008 THE TRIBUNE OBITUARIES

of 7









The family of the late ~ a for
7, ¢4 | DEACONESS
ANDREW FR TUPRUNE TOLER”
HEPBURN-ARMBRISTER

We dnesday, November 20, 1935 -
Tuesday, June 24, 2008 cS

Special Thanks to: .
Bishop Albert H. Hepburn and the Un
Tom coo Pastor ee Cash,

Numerous other
mention.

and numerous family and friends who
Cat Island, Grand Bahama, Ha:

‘Proclaiming the Gospel to the World”

Log on to:
www.trinity1073.com

aiiays been such a feat source of advic
ding. You a loved u unconditionally, and we a

NOW!

Habakkuk Ch: 2 V2.3 Deuteronomy Ch: 15

Pare Dik b ore ease <4 eo See



THE TRIBUNE OBITUARIES , 3 THURSDAY, SEPTEMBER 18, 2008, PAGE 3
A LIFE REMEMBERED







| We, the family
of the late

DORNEIL RICARDO
FERGUSON —

Sunrise: 14th July, 1970

~ Sunset: 26th June, 2008

Wish to express our gratitude to all those
who stood by us and expressed their concern
during our loss. You may have sent a floral
arrangement, sent a card, came and sat with
us, Said a prayer or just held our hands.

Special thanks to the Pastor and members
of South Beach Church, the Pastor and
members of First Baptist Church, the
Superintendant of the Enoch Backford
Auditorium, The Valley Boys Group, The
-Morticians Association, and the family of
International Free and Accepted Modern
Masons &-Order of the Eastern Star.

Thanks to all of you, may God continue to
bless you. hildren, Brothers,
Entire Curtis Family



~ The Family ~







PAGE 4, THURSDAY, SEPTEMBER 18, 2008

For all of your Funeral Service needs,
we will be pleased to serve you with honat.

Tel: 242-394-7999
24hrs: 242-341-5309
or 322-3242
Cell: 565-9758

Mackey Street South
(Opposite Minute Muffler} - Nassax, Bahamas

fee EB. Penn, 1 PD&E
wing & Funeral Director

ae) Titties

HURBERT
AMBROSE ROLLE,
T2

Kemp Road Ministries, Kemp Road

Trail Road.

Left to cherish fond memories are his wife, Elizabeth Kolle;
children, Shadrach, Benson, Gregory, Patrick, Jonathan and
Leslieann Burruws; grandchildren, Charlton and Whitney Burrows;
great grand children, Jania, Annaid and Sanchino Burrows; nieces,
Mrs. Linda Johnson, Woman Detective #2202 Jennifer Rolle,
Shelly and Pauline Rolle, Gwendolyn Ellis. Farrington, Keva,
Bridget and Marva Humes; nephews, Clayton Rolle, Hudon Clarke,
Phillip and Sammy Lightbourne: grand nieces and nephews,
Kareem and Janelle Rolle, Wade, Donavan, Marvin, Kimberly

‘| Antonelle, Cordelle Humes and Jathrone Cox; sister-in-law, Charity

Burnside; brothers-in-law, Albert Ivan Humes, Cody and Issac

Burnside; son-in-law, Freddie Burrows; numerous neighbors and
: family, Sabrina McBridge, Monique, Mag, David Rolle, Rose

friends including, Rev Randy Frazier, Queeny Grey, Geneva

Ferguson, Florence Adderly, Esther Bowe, Earel Johnson, Paulamae :
Miller, May and Meriam Rolle, Ray Bowdie , Male Medical II at :
the Princes Margaret Hospital and Delareese McPhee, St. James :
Road Community, The Most Worshipful Prince of Peace Grand :
Lodge and the Grand United Order of Odd Fellows. :

MEMORIAL SERVICE for the late Hubert Rolle will be held Mackev § Friday f 10:00 1 6:00 d acai
on Thursday September 18th, 2008 at The Most Worshipped : “/@CX¢Y >teet on Friday trom 10:00 a.m. untl! 0:00 p.m. and again
: at the church from 10:00 a.m. until service time.



THE TRIBUNE OBITUARIES

Prince of Peace Hall, Wilton Street at 7:30 p.m.
Relatives and friends may pay their respects at Evergreen Mortuary,
Mackey Street on Friday from 10:00 a.m. until 6:00. p.m. and again
at the church from 10: ‘00 a.m. until service time.

YVETTE
FIFE, 38

_| of Jackfish Drive will be held on
Saturday, September 20th, 2008 at
Abundant Life Church, Abundant Life
Road at 11:00 a.m. Officiating will be
Pastor Edward Allen Assisted by Pastor
Gil Maycock, and Bro Jermaine Walkine
and Other ministers Of The Gospel
Interment will follow in Southern

Cemetery, Cowpen and Spikenard Rd.

: Left to cherish fond memories are her son, Slyannis Brown; mother,
: Valarina Fife; father, Hillard Alphonso Fife; three (3) sisters, Marinda

| ofSt. James Road and formerly of :
{ Stevenson Exuma will be held on :

Saturday, September 20 2008 at : eu - :
: Alexandrea and Ayanna Pritchard, Mia McFee, Shane Fife, Selena-

: au . ‘ Delancy, Michaela, Raquelle, Kathlyin Charlow, Alecia, Aleah Smith;
a Create ie ae : three (3) nephews, Patrick Alexander Smith, Harvey and Issac McFee;
ministersof ihe g ie pel Interment ten (10) aunts, Ella Collie, Eulla Mortimer, Carolyn Rolle, Francina
will follow a Old Trait Cemetery Old | Cambridge, Sherry Higgs, Betty, Anne and Lucinda Smith, Louise
oss : Gray, Ruth Rolle; seven (7) uncles, Nigel ,Kirk and Fred Smith, Rufus
‘ Collie, Clarence Rolle, Ian Cambridge, Micheal Higgs thirty two (32)
cousins, Karen, Charmine, Sheldon and David Collie, Marcel, Jermaine
‘ and VonYuri Mortimer, Santino, Cameron, Clarence Jr. Rolle, Danielle,
‘ Alyson and Ian Timothy Cambridge, Omar, Bryon, Jamal and Kelly
: Smith, Lavonne, Serina and Alexis Smith, Rasheed, Brittany and
: Joshua Smith, Kim Smith, Butch, Dwayne, Opah and Shawn Gray,
‘ Nathaniel, Hope, Samuel and Jermaine Rolle; other relatives include,
: Melvina Albury and family, Angela Russell and family, Valerie
‘ Seymour and family, Paulamae Miller and family, Preston, Perry and
: Alphonso Albury and family, Mrs. Anny Albury, Dianne Gibson and
: family, Estella Simmons and family, Elizabeth Reid and family,
and Garnell Johnson, Sameco, Marja, Marco, Shameka and Garret :
Lightbourne, Alex, Sheldon and Jurelle Burrows, Anthone Smith,.
Shantira Ellis, Johnell Farrington, Randolph .N.L. Humes III,,:
: special friends include, Michelle and Emily Campbell, Kim Kerr of

Pritchard, Laverne McFee of Dallas Texas, Chegurea Fife- Charlow;
two (2) brothers, Patrick Smith and Hosea Fife; grandmother, Ophelia
Smith of Seymours Long Island; twelve (12) nieces, Amanda, Amelia,

Cynthe Smith and family Milred Turner and family. Ida Davis and
family, Castella Bowleg and family, Cleophas Gibsor. and family,
Charles Gibson and family, The Pinder family, Patrick and family;

Atlanta Georgia, Melony Thompson, Deborah Roberts, Althea Davis
and family, Laverne Barr, Melita Johnson, Dianne, Shantelle and

Colebrooke and family, Doctors, Nurses and Staff of AandE Princess
Margaret Hospital, Sandilands Rehabilitative Cer. tre, Abundant Life
Church family, Emmanuel Church family, Blue Hills Church family, The
Z.N.S family and the entire neighborhood of Jackfish Drive and
Summer Set Way.

Relatives and friends may pay their respects at Evergreen Mortuary,



THE TRIBUNE OBITUARIES

e)

SB



-THURSDAY, SEPTEMBER 18, 2008, PAGE 5

» Bethel Brothers Morticians

Telephone: 322-4433, 326-7030

Nassau Street, P.O.Box N-1026



~ DEACONESS

~ VERONICA

JOHNSON-
‘PENNERMAN, 71 |



alld Rev. Dr. Wilton Strachan will officiate.

Nassau Street.

Chrysostom Walton Michael Pennerman;
daughter, Agatha Christine Haley Pennerman;

and Richard Johnson of New Providence;
sisters, Margaret Swain of Dundas Town,

FUNERAL SERVICE FOR

_and Cheryl Johnson of James Cistern,
_ Eleuthera;
-Pennerman of Maryland. U.S.A; brothers-
in-law, David Pennerman BEM, JP, Daniel

daughter-in-law, Sheila

_ Nairn, Stevenson J. Swain, Jon Burrows, and |:
- Commodor Clifford "Butch" Scavella; sisters-

Ble eill Beaiecand: _ in-law, Tina, Margaret, Estherlene and Jennifer
Penh see: oimes _ Johnson; aunts, Bernice Johnson and Dianna
Cleten, Bleuthera wit 004s; nieces, Claudia McDavis, Merridith
| be held on Saturday Miller, Abigail and Richee Johnson, Shirley
Sepieabes 20th 11:00 a.m. at Zion Yamacraw ee ace ae cence se ue
Baptist Church Yamacraw Road. Bishop >" nephews, Vernal, Warren, Quinton,
Samuel R. Greene, Rev. Howard T.G. Smith | Rapheal, Jason, Christian, Jermaine and
i ale ~ Bentley Johnson, Stevenson and Joseph Swain

Interment will follow in the Western Cemetery, re : ee ni Ww : ae . ie

_ Johnson, Marguerita Major, Gloriamae Finley,

She is survived by her husband, Rev. Gerald, Narlyn Darvile, ee a
Lawrence Chillian Pennerman; sons, Percival *¥2u@C® COUSINS-In-laWw, Zala JO 0nson, ae
ee aa eae ~ Johnson and Angela Wallace; other family

de Glanville Christian Warwick Pennerman | ~_- ncludi ke Rolle Gale ah
of Maryland, United States and Julian | members meee, Se RO ae
” _ Bastian family, the Curtis family, the Green

_ family, the Wright family, the Bannister family,

mother, Christina "Rita" Johnson of James the Bullard family and the Thompson family
Cistern, Eleuthera; brothers, Eleazer Johnson - and many more persons too numerous to

of Cedar Bluff; Mississippi, Robert and |

William Johnson of James Cistern, Eleuthera Friends may pay their last respects at Bethel

_ Brothers Morticians, #44 Nassau Street on |

Friday from 10:00 a.m. to 6:00 p.m. and on |
Abaco, Ann Burrows of Freeport, Grand |
Bahama, Sharon, Scavella.o Of New RiaNiGe Saturday, § at the chug cb Aro, 19: O04 asm; wnt)

mention.

° service time.



PAGE 6, THURSDAY, SEPTEMBER 18, 2008

EAST SUN qy RISE MORTUARY

“A New Commitment To Service’

FUNERAL SERVICE FOR |

‘JEAN LOUIS
PIERRE, 63

of Palm Beach Street will be held

on Saturday at 11 a.m. at
International Revival Fellowship
Church of God, Montell Heights.
Officiating will be Bishop Michael

.. | A. Ferguson assisted by Pastor
&} Derek Ferguson and interment will
follow in the Southern Cemetery,
Cowpen and Spikenard Roads.

He is survived by 3 sons, Rev. Jocelyn Vixamar, Marctivens
Pierre and Kevin Vilver; 4 daughters, Chantelle, Carol and
Louletta Pierre and Claudina Louis; 4 sisters, Anicette, Odelia
and Pierrina Jean Louis and Charitable Fertil; 2. brothers,
Edoute Marc and Saintilbert Fertil; 21 grandchildren, Jacquan,
Adley, Cindy, Cynthia, Branique, Branae, Michael, Jimmy,
Samantha, Tatianna, Austin, Justin, Jonathan, Alicia and Joshua;
1 son-in-law, Edwin John; 1 daughter-in-law, Eureka Campbell
Vixamar; 1 sister-in-law, Claudette Charles; numerous nieces
and nephews including, Visitha, Mariese, Mimose Fornise and
Tanise Timothy, Elric, Navel Sarilia, Molly, Elton, McKenzie,
Reka, Ann, Jackie, Nicole, Renold, Edlin, Yfonise, Wilbet,
Guirlande, Lenaud Chanteale and Deja Pierre; and a host of
other relatives and friends including, Celios Francois, Villy
Prophet, Monique Joseph, Deiunel Joseph, Neltha Pierre,
Limeritte Vixamar, Remond Vixamar, Rolin, Verona Veve,
Nicola Stinphil, Jese Stinphil, Pastor Jean Vixamar, Yvose
Vixamar, Philomene, Amid Pierre, Morie, Lamadine, Esther
and Olipcil Pierre, Henry, Theodore Campbell, A.S.P. Ronald
Campbell, Rev. Jonathan Campbell, Vaneria Rolle, Valeria
Cash, Yvonne Watson, Bishop Tony Leroy Hanna, Rodger and
Nicole Josey, Palm Beach Street Community, Culmersville
Community, Bishop Michael Ferguson and the International
Revival Fellowship Church of God.

Friends may their last respects at East Sunrise Mortuary,
Rosetta Street, Palmdale from 10 a.m. to 5 p.m. on Friday and
on Saturday from 10 a.m. at the Church until service time.

MN SUNRISE MORTUARY.

“A New Commitment To Service”

#27 Rosetta Street, P.O.Box C.B. 12248 / Palmdale,
Nassau, Bahamas
Tel: (242) 323-EAST — (242) 326-4209 Fax: 356-2957
24 hrs. Emergency Service
Cell #: 357-9151 ¢ Beener: 280-1450 or 280-1117

THE TRIBUNE OBITUARIES

: }
Pinder’s Funeral Home
“Service Beyond Measure”
PALMDALE AVENUE, NASSAU, BAHAMAS
PHONE: 322-4570/ 393-1351 ° CELL: 357-3617
RANNIE PINDER President

FUNERAL SERVICE FOR

HAYWARD
MALACHI WELLS,
95.

of Harley Street and formerly
of Gray's Long Istand, who

‘passed away at his home on

September 11th, 2008, will be
held at St. Mathews Anglican
Church Shirley Street on
Saturday September 20th, 2008
at 2:00pm. Dr. James Moultrie,
Fr. Don Haynes and Fr. Ivan

| Timey Eldon officiating. Burial

will be in Gray Cemetery Long

| Island.

He is pre-deceased by his wife Iva Alexandria Wells (1985) of
Whymss, long Island and a son-in-law Thomas Douglas Andrews |
| (1992) England.

| He is survived by seven children and spouses, Joyce and Charles |

Knowles of Freeport; Sylvia Andrews, Vernon and Madeleine Wells |
of Freeport, Valerie and William (Billy) Stevenson; Michael Wells
of Harbour Island, Douglas Wells, Duane and Donna Wells of
Marsh Harbour; grandchildren and spouses, Dwight and Elsie
Knowles, David Knowles, Tamese (Tammy) Knowles- Lim, Jason,
Tracey and Julie Wells, Sean and Charlotte Andrews, Jaime and
Ron Lowe, Lisa, Patrick and Alexander Stevenson, Destiny and
Damian Wells, Jordan and Danielle Wells; great-grandchildren,
Kevin Lim and Sydney, Ashley and Alana Knowles and Rory Lowe;
numerous family and friends especially, Ida Roberts, Tony and
Mary Moree, Emma and Delbert (Dell) Cartwright of Long Island,
Louise Knowles, Rona and Mike Cartwright, Reginald (Reg) and
Winnie Wells, Verna Smith, Betty and Chrissy Knowles, Eldridge
Knowles and Aunt Voilet, Dorothy Deal of Long Island, Ruie
Symonette, Alison, Alicia, Amanda, Amelia, Magda and LJ, Yvonne
Thompson and Trevalyn Smith. Also his various caregivers over
the past 7 1/2 years especially, Dr. Cherilyn Hanna, Nurse Phillippa

| Armbrister, Norma Hield, Andrea Halbert and Sybilene Clarke.

Instead of flowers donations may be sent to St. Matthews Day Care
Centre P.O. Box N-963 Nassau, Bahamas, The Long Island Senior
Citizen Recreational Centre c/o Olivia Turnquest P.O. Box DC-
30607 Deadman's Cay, Long Island, Bahamas or any other home

for the aged of your choice in his honour.

Friends may pay their last respects at Pinder's Funeral Home

- Palmdale Ave., Palmdale on Friday Se plgmber 19th, 2008 from
a ee until 7: ope





at

3 «am

THE TRIBUNE OBITUARIES

‘Emerald Ridge Mortuary
ws . ped
& Monument Company Utd.

Mr. Wendell G. Dean IL, us

Prestizat ¢ Managing Funeral Director





HEE Our Services Includes:

Traditional and Personalized Funeral Services,
Cremation, Grief Counseling, Burial-at-Se
Worldwide Shipping, Local and Lon:

movals, Monuments, Online Obituaries and
feo Phote Pri Qur Website and a




“Honouring Those who Diz,

‘ gy pS

Sapphire Funeral Service
For

Mrs. Margo Lavern
. “Pumpkin”
Knowles-Humes, 28

of Calabash Bay Andros and
formerly of Mastic Point North
Andros, will be held on Saturday,
September 20, 2008 at 3:00pm at
St. Paul’s Anglican Church,
Calabash Bay Andros. Rev. Fr.
Donald G. Kerr, assisted by Bishop
Ellis Farrington will officiate and

Bay Andros.
The Radiance of this “Sapphire of A Gem” will always glow

in the hearts of her: *
Husband: Sirtanno S. Humes; -

Two Daughters: Megan L. and Tarnasha Humes; ;

Mother: Irene Knowles-Beneby of Fresh Creek, Andros;
Father: John Saunders; -
Grand Mother: Louise Hopkins of Mastic Point Andros;

Two Brothers: Andrew King Sr. and Livingston Saunders; |

Eight Sisters: Michelle Lewis, Jennifer Rolle, Claudine Jones
of St. Petersburg Florida, Diane Knowles, Tyrene Beneby,
Princess Seifert, Denise Adderley and Myoka Saunders;
One Adopied Sister: Stephanie St. Fluer; ~
Eleven Nephews: Cordero, Hermis, Shequille, Andrew Jr.,
Keiko, Glenroy, Rakeem, Akeem, Jerheim, Demetruis Jr. and
Dénero; ’
Four Nieces: Jenae, Dashanell, Aneya and Angel;
Four Uncles: Joseph Hopkins, Wellington, Felix and Gilford
Saunders;

Five Aunts: Shirley McFellen of St. Petersburg Florida, Leothea
Carter of Tampa Florida, Gloria Miller, Lillis Marshall and
Elizabeth Saunders;

Father-in-law: Leslie Riley;
Mother-in-law: Pleydell Gale; :
| Eight Brothers-in-law: Lamarko Humes, Police Corporal

3 RE TRE TE HALE EAT PE OAD TBP MIST AI ah WE AST TE ONE T EEG OETA TS PLY LET,





THURSDAY, SEPTEMBER 18, 2008, PAGE 7.

: 29101 Demetrius E. Seifert Sr., Joshua Lewis, Jermaine Rolle,
: Akeem Jones of Tampa Florida, Antonio Allen, Talano Williams
: and Nado Charles;

: Five Sisters-in-law: Shanika Munnings, Norisha King, Latoya,
: Sharron and Kendra Riley;

: God Mother: Margo Blackwell;

: Many other loving family and friends including: Latoya
: Adderley, Shirley Seifert, Missionary Mary Rolle, Apostle

Dorinda Dean, Lanna, Eddie and Pastor Betty Hanna, D’Angelo
Dorsett, Donna Stubbs, Shawn Saunders, Carl Pinder, Carson
McQueen, Mario Minnis, Police Sergeant 1132 Franklyn Hinsey,
Mary, Diane and Laveana Brown, Creola, Marvin and Calvin
Taylor, Louise, Shantell, Mannie, Brian and Barry Miller, Junior
Russell, Shameka and Donnelle Saunders, Michelle Campbell,

: Barbara Davis, Peter Douglas, Latoya Oliver, Nurse Edgecombe,
: the Mackey, Spence, Hanna, Hinsey, Bowleg, Clare, Bloney and
: their families, New Beginning Jubilee Baptist Church, and the
: entire Central Andros Community.

! Special Thanks to: the Staff Small Hope Bay Lodge, the
: Androsia Staff and Nobu Atlantis Staff. . :

: Visitation will be in the “Emerald Suite” Emerald Ridge
: Mortuary & Monument Company Ltd. #20 Claridge Road on
: Thursday, September 18, 2008 from ipm to 6pm and at St.
: Paul’s Anglican Church, Calabash Bay Andros on Friday,
: September 19, 2008 from 1:30pm to 10pm and on Saturday,
: September 20, 2008 from 12:30pm to service time.

: Visit Our Website: www.emeraldridgemortuary.com,
: view video tributes, sign guest book and send
: condolence, sympathy, share memories and make

burial will be in the Calabash Bay Public Cemetery, Calabash : funcrahareanpements:

Topaz Death Notice
For

Master Malik Samson
Fenelus, 07

of Marsh Harbour Abaco went to be
an angle, at the Princess Margaret |
Hospital on Monday, September 15,
2008.

The Radiance of this “Topaz of A
Gem” will always glow in the hearts
of his: Father: Samuel Fenelus Sr.;
Mother: Marie Eliaza;

: Two Brothers: Samuel Jr. and Ryzen Fenelus;
: Two Sisters: Brianna and Felisha Fenelus; .

: Three Grand Parents: Sainvil and Manie Fenelus and Philia
: Alexander Noel; Numerous: Uncles, Aunts and Cousins;

Two Grand Aunts: Elizabeth Green and Mildred Eden: Many other loving family and friends.



Topaz services are pending, check website for updates.



PAGE 8, THURSDAY, SEPTEMBER 18, 2008



Rurtiss Memorial Mortuary

Chapel, Ramsey, Exuma - Tel: 345-7020° Robinson Rd & 5th Street

THE TRIBUNE OBITUARIES



Tel: 325-6621/322-4969 « 24 Hour Paging Service 323-9761

LAST RITES FOR







Nursing Officer
JANET FORBES
FLOWERS, 42

of Bain Jolly Subdivision off Carmichael Road
will be held on Saturday at 10:00 A.M. at

Road and Pinedale. Officiating will be Apostle
Dr. Mitchell Jones assisted by Other Ministers.

Interment in Lakeview Memorial Gardens,
J.F.K. drive.

She is survived by 1 son: Rashard Flowers;
1 Daughter: Whitney Flowers; Adopted son:
Aneo Curry; 5 Sisters: Dorothy Forbes Roache,
’ Nurse Viola Forbes Beckford, Mildred Forbes Roberts, Willamae Forbes Whymns
and Florine Forbes Mckenzie; 3 Brothers: Hubert, George and Alexander Forbes;
2 Aunts: Eula Nixon and Marjorie Black of Pleasant Bay, Andros; 1 Uncle: George
Black of Pleasant Bay, Andros; Nieces: Cynthia John, Deidre Reckley, Delicia and
Dorlene Forbes, Linda Moxey, Yvette Turnquest, Clyandrea Beckford,



MariskaThompson, Jacqueline Fostr, Patricia Forbes, Joanne Gibson, Jannet Miller, .
Karen Moxey, Joretta Roberts, Joycelyn Brown, Endira Mckenzie, Eligia Mckenzie ‘

and Nadine Curry; Nephews: Eddie, Michael, James, Stephen, Mack, Otis, Jamaal,
Jiro and Cecil Forbes, Paul and Wellington Newchurch, Aaron Stubbs, Clyde Jr.

and Clyson Beckford, Deangelo Roberts of Freeport Grand Bahama, Antonio Smith; :

Numerous grandnieces and grandnephews; Sisters-in-law: Minerva, Inez Curlew
- and Alfreda Forbes; Brothers-in-law: Clyde Beckford Sr., Joseph Roberts, Krucher
Whymms and Elijah Mckenzie; Host of other relatives and friends including
Ulrick Nixon and the entire Nixon Family, Linda Davis and Family, Florinda Black
and the entire Black family, Jermaine Rolle, Whitney Flowers, Robert Armbrister,
Ramon Rudon and Family, Sherry Rahming, Miriam Rolle and Family, The Wilson
Family, The Campbell Family, Ellen Adderley, The Strachan Family, Nursing
Officers Hannah-Gray, Julianne Nairn,.Dulcie Pratt, Jessicia Stubbs, Nurse Danielle
Roker, Roslyn Lightbourne, Kathy Smith, Denison Balfour, Kayla Ingraham,
Nursing Officer Stephanie Johnson, Nursing Oficer Sherry Pinder, Nurse Yvonne
Symonette, Nurse Charmaine Armbrister, Nurse Kimberly Josey, Nurse Sharlene
Rolle, Nurse Roselyn Gibson, Nurse Dianne Rolle, Nursing Officer Judith Scavella,
Michelle Deveaux, Nurse Willamae Brennen, Maudline Forbes, Anne Bowe,
Remilda Walkine and Family, Astrid Rolle Nursing Auxillary, Judy Simmon,
Carmen Major, Celeste Lockhart, Portia Ferguson, Nurse Gayle Duncombe, Nursing
Officer Debra Fox, Gloria Gardiner, Sandra Coleby, Mary Johnson, Nurse Cheryl
Seymour, Rosie Folkes and Food Services Department, Karen, Indira Rolle, Patrick
and Portia Ferguson and Family, Brenda Moss and Family, Dr. Jackson and Urnice
Miller, Dr. Dwayne Sands, Dr. Robin Roberts, Dr. Delton Farquharson, Dr. Adrian
Sawyer, Dr. Robert Gibson, Dr. James Lee, Dr. Grant-Taylor, Dr. Barrett McCartney,
Dr. Rodriguez, Dr. Dorsett, Dr. Ronald Knowles, Dr. Neymour, Dr. McDaville,
Dr. Jagadeesh, Dr. Locksley Munroe, Dr. Convil Brown, The Annex Baptist
Cathedral Family, Young Adult Ministry, The Prayer Band, Sunday School, Doctors
and Nurses atthe Princess Margaret Hospital, Doctors and Nurses at Intensive Care
Unit, Eye Ward, Dialysis Unit, X-ray Department, ECG, Patient Advocate, St.
John’s College class of 1983, IC 18 Nursing Class, Sandilands Rehabilitation centre
family, Staff of Doctor’s Hospital, Department of Public Health, Bain Jolly
Subdivision.-Community, Apostle Mitchell Jones and Family, Hon. A. D. Hanna
Governor General of the Bahamas and Family, Alfred Gray and Family, Healthy
Life Staff, Victoria Gardens, Ministry of Health and The entire Kemp Road
Community,

The body will repose at Kurtiss Memorial Mortuary, Robinson Road and Fifth street
on Friday from 10:00 A.M. until &: 00. P.M. and at the church on Saturday from -

The New Annex Baptist Cathedral, Wulff.





9:00 A.M. until service time.



LAKERA
“ ‘Kera’
OLIVER BAIN, 13

of Bamboo Town, South Beach will be held on
Saturday at 11:00 A.M. at Living Waters Church
of God, Marshall Road off Blue Hill Road South.
Officiating will be Bishop Wilbert Rolle and
Pastor Joseph Oliver assisted by Youth Minister
Terra Rolle. Interment in The Southern
Cemetery. :

She is survived by her Parents: Dwayne Sr. and
Starretta Bain: Adopted Mother: Prophetess
Lydia Ferguson; 6 Brothers: Dwayne Jr.,
Kendario, Theonaldo, Edvardo, Lorenzo and Jamon Bain; Sister; Deldreka Bain;
Adopted Brothers: Lenford Taylor and Jerome Smith; Adopted Sisters: Christine
Ferguson, Christina Gray, Taneka Storr Ica and Shanique Mackey; Grandfather;
Pastor Joseph Oliver; Adopted Grandfather: Pat Fernander; Grandmothers: Ethel
Oliver and Elosie Bain; Great Grandmother: Juanita Oliver of Mastic Point Andros;
Nephew: Deshawn Bain; Niece: Omara Moncur; Aunts: Idell, Tameksa, Darlean
and Shonelle Oliver, Deborah Neely, Nurse Lynette, Maxine and Braquette Bain,
Janet Clarke, Rosenell, Margaret, Sherry, Ali, Reese, Ramelda, Patricia and Rochell
Oliver; Uncles: Billy, Livingston, Troy, Eugene, George, CPL. Ronald, Randy,
Jefferson, Jackson and Eltino Oliver, PC Elvis Clarke of Freeport Grand Bahama,
Wesley and Leslie Bain, Vincent Sand and Earthly Neeley of Lower Bogue Eleuthera;
Grand Aunts: Zilpha Mackey, Collie Francis, Albertha Burrows, Bettymae Rolle,
Althea, Rebecca, Marina and Isadora Oliver, Amenta Cambridge of Freeport, Hanna
SteMarie of Canada, Melva Bastian, Rayann Bain, Petrona Longley, Sandra,
Quintine, Gloria Longley, Yvonne Stuart, PC Adeltis Stubbs, Cecilia Bain and
Saloni Mcdonald; Granduncles: Godfrey Francis, Prince Mackey, Ezra Rolle,
Henry Bain, Herbert Stuart, Supert. Teddy Mcdonald, Lester and James Longley
and Michael Stubbs; Great Grand Aunts: Elizabeth and Venus Martin, Myrtle Folks,
Joylean and Eula Bain; Great Granduncles; Ernest Bain and Mitchell Martin;
Godparents: Michelle Moncur, Mary Rolle and Oathneil Hinsey; Host of other
relatives and friends including Casey Moncur, Dara Deveaux, Kelly and Nakeisha
Thompson, Earl Johnson, Terciceta Curtis, Lashae Sands, Amber Francis, Linda
and Fritz Cambridge, Whitney Bastian, Derek, Dennis, Delroy Bastian, Naomi
Turner,,Maureen Ellis, Ricardo and Shanea Albury, Jamine, Angelo Longley,
Desiree Stuart, Leshan and Torry McDonald, Dr. David Stuart of West Virginia,
Christine and Marilyn Bastian, Lynette Oliver, Nina Turnquest, Bill Jr., Anton,
Bradley, Chase and Bianca Oliver, Livingston Jr., Deaundra, Livincea, David, and
Dante Oliver, Troy Jr., Deniere and Deneice Oliver, Eugene Jr., Eugenia, Nicky
Oliver, Geovianni, Gino, Elcort and Canee Oliver, Trovonne Deveaux, Ronald Jr.,
Nard, Ryan and Rittanna Oliver, Deaundra, Desha; Brandy, Mea and Jefferson
Oliver Jr., Alvin, Denny, Jade, Jada Oliver of West Palm Beach Fla., Bishop Wilbert
and Idell Rolle and Family, Derek and Igatha Oliver, Jodi Oliver and Family, Collins
Bastian and Family, Ray Minnis and Family, Eleanor Steele and Family, Deloris,
Hellman Storr and Family, Cindy Gray and Family, Rochell, Nickhal and Family,



' The Bamboo Town Community, The North Mastic Point Community, The Rolle,

Martin, Woodside, Pickstock, Brown, and Canter Family, Special Thanks to the
Doctors and Nurses of the Children ward and Female Medical 1. .

The body will repose at Kurtiss Memorial Mortuary, Robinson Road and Fifth
Street on Friday from 10:00 A.M. until 6:00 P.M. and at the church on Saturday
from 10:00 A. M. until service time... ; ;





THE TRIBUNE OBITUARIES

lor, a a

KRurtiss Memorial Mortuary
Chapel, Ramsey, Exuma - Tel: 345-7020e Robinson Rd & 5th Street
Tel: 325-6621/322-4969 ¢ 24 Hour Paging Service 323-9761

LAST RITES FOR

PEDRO
‘Bulla P”
BAILLOU, 86

of South Mastic Point, Andros
will be held on Saturday at
-10:00 A.M. at New Mount
Sinai Baptist Church, Mastic
| Point Andros. Officiating Rev.
|) Dr. Samuel Fowler assisted by

Rev. Dr. E. John Newton.
Interment in the Public Cemetery, Mastic Point.



















































He is survived by his daughter: Ella Mae McIntosh,; 3
Sisters: Rev. Doris Tinker, Mildred Wilcox and Stephanie
Rolle; 2 Brothers: Ezra and Samuel Baillou;
2 Stepsons: Jerry and Gerold Gould; Brothers-in-law:
Rev. Ivan Deveaux, Rev. B. A. Newton, Dr. John Newton,
Rev. Cedric Rolle; Sisters-in-law: Learlene Baillou, Edna
Melford, Evang. Rudel Marshall, Rev. Lucine Newton;
Nephews: Dennis, Ivan, Kevin, Inspector Kendal-RBPF,
Ucal Deveaux, Blair Richard, Shawn and Craig Danzer;
Nieces: Darnell, Cecily, Lisa, Sharon, Monique, Beverly,
Nan, Pinky, Pauline, Karen, Maxine, Andrea, Jaslyn,
Shonrose; Cousins: Bernard, Kingsley, Everett Baillou,
Bertha Sears, Emerald Patton, Naomi Lockhart, Viola
Hopkins, Wenzil Martin, Vezel Gibson, Dorothy Noel,
Monica Sweeting; Other relatives and friends including
Donald Lightbourn, Rev. Dr. Samuel Fowler and Family,
Rev. Peter Russell and Family, Rev. Philip Sweeting and
Family, Deacon Floyd Newton and Family, Deacon
Wendal Gaitor and Family, Deacon Mavis Gaitor and
Family, Andrea Smith and Family, Christine Saunders,
Pandora Colebrook, The New Mount Sinai Pastors and
Church members, Rev. Maude Romer, Rev. Reginald
Ferguson and family, Sis. Mecine Dorsett. Rev. Claretta
Campbell, Rev. Prudence Rolle, Bertha Bain, Sylvia
Gaitor, Selina Smith, Lavern Lockhart and Family, Sheryl,
Eloise Bain, Gaylene Thomas, Mae Murphy and Family,
Pearl Simmons, Mythis Walker, Doctor and the nurse '
and staff at Mastic Point Clinic, Nurse Johnson, Eruka,
Rudymae, The Minonities Family and the Communities
of North and South Mastic Point.



The body will repose at Kurtiss Memorial Mortuary,

Robinson Road and Fifth Street on Thursday from 12:00
Noon until 6:00 P.M. and at the church in Mastic Point

, on Friday from 3:00 P.M. until service time’on Saturday.’

STE I

THURSDAY, SEPTEMBER 18, 2008, PAGE 9

Vaughn ©. Jones
MEMORIAL CENTER

“Honoring the memories of loved ones”
INDEPENDENTLY OWNED & OPERATED

FUNERAL ANNOUNCEMEN Tr ,

BARBARA MAE
MARIE WILSON, 59

of Bay Lilly Dr., Seabreeze Estates and
formerly of Cripple Hill, Crooked Island
will bé held on Saturday September 20, 2008
at 11:00 a.m. at Hillside Mission Baptist
Church, Independence Drive. Officiating
will be Rev. Dr. Lockwood Deleveaux
assisted by Min Stephen Ferguson. Interment
will follow in Woodlawn Gardens, Soldier
Road.

Precious memories will forever linger in
the hearts of her; 2 sons, Ricardo and Dishea Wilson; parents, Hubert
"Huel" and Nathalie Scavella; 2 granddaughters, Rickia and Rickiera
Wilson; 8 brothers, Edsel Sr., Kendrick (James), Huelington (Oscar), Hubert
Jr., Glenville, David, Joseph, Norman; 1 sister, Halcie Scavella; 8 sister-
in-laws, Evelyn Sturrup, Donna Adams, Betty, Adgranna, Linelle, Leah,
Beaulah, Gilda Scavella; brothers-in-law, Rex Johnson and Mary Pratt; 3
uncles, Solomon and David Johnson of Gainesville Florida and Jarvis Pratt;
2 daughter-in-laws, Patsy and Lovette Wilson; nieces, Carla Armstrong,
Laquisha Sawyer, Shenika Bannister, Monique, Shacara, Ko-scheka, Lacoya,
Danielle, Nichol, Tanya, Hubernique, Va'Shon Scavella, Savannah Taylor,
Erica Johnson, Kristian Sturrup, Niquel, Cordina, Jena, Johna, Lakiekas
Messam, Marcia Gibson; nephews, Edsel Jr., Tyrone, Oconner, Jomar,
Leonardo, Lavard, Joseph, Delvardo, Shawn, Nickolai, Kendrick and Adrian
Scavella, Franco and Adam Adams, Philip and Justin Sturrup, Jermaine,
Javon, Ray Messam, Jermaine Johnson; cousins, Clara Dorsette, Henrietta
Brown, Ruthlee Lightbourne, Dorothy Rolle, Angela Johnson, Coralee
Smith, Franklin Johnson, Clodella Sands, Audrey and Asa Johnson, Clifford
Johnson, Daisymae Mckenzie, Edwin Johnson, Elkin Johnson Jr., Dotlee,
Ethel Clark, George Swan, Oriel Swann, Edwin Scavella of West Palm
Beach Florida, Felix and Rochelle of Miami Florida, Patricia Nixon, Beverley
Evans,. Martinique Collie, Alonza and Marvin Pratt, Thomas and Edsel
Ferguson and Yvonne Armbrister, Alvin Johnson Jr., Clifton Scavella,
Inspector Patrick Johnson and Edward Johnson; grand nieces, Tyrice and
Kenyce Scavella, Shernell and Anesia Armstrong; grand nephews, Edsel |
III, Tyshon, Tyron, Travis Scavella; special friends, Sylvia Peterson, Winifred
Lockhart, Leotha Strachan; other relatives and friends including, Windy
Lockhart-Shouldiee, Holly Darville, Sandi Lockhart, Dodson Lockhart,
Marilyn Johnson and family, Veronica Brown and family, Bernice Forbes
and family, Henry Scavella and family, Olive Moss and family,:Mae Beneby,
Sherman Bullard and family, Admiral Forbes and family of Sea Breeze,
Cargill family from Sea Breeze, Christine Rolle, Edith Walkin and family,
Ellen Johnson and family, Evanna Scavella, Kelly, Anthony, Stanley Scavella
of Miami Florida, Helen Taylor and family, Verline Scavella and family,
Olivia Bain, Sybil Peters and family, Lorence Johnson and family, Diane
Johnson and family, Arthur Deal and family, Delores Deleveaux and family,
Rev. Ernest Johnson from Haines City Florida, Hillside Mission Baptist
Church family, R.W. Roberts and family, The Staff of Super Value Food
Store and other family and friends too numerous to mention.

Viewing will be held in the "Legacy Suite" of Vaughn O. jones Memorial
Center, Wulff Road and Primrose Street on Friday from 10:00 a.m. to 6:00
p.m. and at the church on Saturday from 10:00 a.m. to service time.

Wulff Road and Primrose Street,
Opposite Studio of Draperies
of PleR One: 326-9800/1. © 24 Hour. Emergency |
_434-9220/380-8077 ... 3





PAGE 10, THURSDAY, SEPTEMBER 18, 2008



FREEPORT
411A East Coral Road, Freeport, G.B., Bahamas
P.O. Box F-42312
Telephone: (242) 373-1115 / (242) 373-1471
Pager: (242) 340-8043 ¢ Fax: (242) 373-3005



Dargo Shondell
McIntosh, 35



FUNERAL SERVICES FOR

THE TRIBUNE OBITUARIES

and € a py

NASSAU ,
Robinson and Soldier Roads, Nassau, N.P., Bahamas
P.O. Box CB-12072
Telephone: (242) 394-8043 / (242) 394-8047
Pager: (242) 340-8043 ° Fax: (242) 340-8034

: Strachan of Abaco, Solomon Evans, Anthony Hepburn, Robert
: and Bernard Strachan, Sean Benjamin and a host of other relatives
: and friends. Special thanks to the staff of P.M.H Intensive Care
: Unit, Male Surgical I Unit, The Pilgrim International, Solomon
: Super Center, Cost Rite, Tamara Ramsey and Sharmaine Ferguson.
of Vesey Street, will be held on :
Saturday September 20th, 2008 at :
2:00pm at Transfiguration Baptist :
Church, Market Street and Vesey :
Street. Officiating will be Rev. Dr. :
Stephen E. Thompson assisted by :
Deacon Colyn G. Thompson. }

Viewing will be held in the Serenity Suite, Restview Memorial
Mortuary and Crematorium Ltd., Robinson and Soldier Road
on Friday September 19, 2008 from 10:00am until 6:oopm and
on Saturday from 1:00pm until service time at the church.

Interment will follow in the Southern : F

Cemetery, Cowpen and Spikenard Road.

Left to cherish fond memories are his wife: Tomeko Gray McIntosh; |
son: D-Argo McIntosh; mother: Sabrina Baker; father: George |



Samuel
Gray Jr., 77

McIntosh; grandmother: Remanda Goodman; stepson: Garnet if

Sweeting; stepdaughters: Shandeira, Rayjean and Anastacia :
Sweeting; step granddaughter: Angel Sweeting; adopted father: i oe
Veren Lockhart, Freeport, Grand Bahama; sisters: Acisha and :
Ashlon Baker, Monique Lockhart: of Freeport, Grand Bahama, :

brothers: Apache McIntosh, Fox Town, Abaco, Narvo McIntosh,
Jamal McIntosh of New York and Desmond Lockhart; mother-
in-law: Bridgette Miller; father-in-law: Lawson Gray; uncles:

Oswald Goodman, Atlanta Ga., Andrew Griffin, Robert Wilson, i
Hatchet Bay, Eleuthera, Steve, Gregory, Cyril Baker, Norman i
Baker, Texas, Michael McIntosh, Freeport, Grand Bahama; grand
‘uncle: Cyril Baker; aunts: Shondalee Griffin, Denise Smith, :
Norma Joseph, Theresa and Kim Baker, Julie Wilon, Rosalee :
McIntosh, Fox Town, Abaco, Iris Goodman, Fredrica Baker; :
nieces: Aheja Russell, Claudisha, Marvinette and Rashea; nephews:
Anally Russell, Tarquie, Travon, Tayler and Theo Jr; cousins: :
Tamara Ramsey, Keno Nabbi, Bernica Smith, Angelique Griffin,
Dorette, Tisha, Tara Goodman, Laquel, Michela and Latoya
Perpaul, Loleta and James Wilson, Louise Bain, Christine Baker, :
Vera Cole, King St. Crew, Wilson St. Crew, Debbie Flowers, i
Dorette Sweeting, Cardinal and Sharmaine Ferguson, Adrian and :
Cassie Battiata, Kendall and Keisha Lewis, Corey, Doyle, Thera,
Holly, Johnesha; step father-in-law: Lynden Miller; step mother-
in-law: Anastacia Gray; sisters-in-law: Crystal and Randa Missick,
Azia Gray, Janice Gray; brothers-in-law: Claude Gray; Charlie :
| and Theo Miller Amare Gray; aunts-in-law: Karen Ingraham, }
Alfreda Sears, Elder Shonie Strachan, Tesselane Evans, Belkies :
and Melonie Strachan, Estelle Hepburn, Elizabeth Mackey, Dorothy
Turnquest, Nicole Burrows; uncles-in-law: Phillip Turnquest,
| John Gray, Kirklyn Burrows, Orphie Ingraham, Bishop Terrence |

Sa oe





of George Town, Exuma will be
held on Saturday, September 20,
| 2008 at 11:00am at St. Andrew’s
| Anglican Church. George Town,
Exuma. Officiating will be Fr. Mario
Conliffe assisted by Rev’d Willish

os Johnson. Interment will follow in
‘the St. Andrew’s Anglican Church Cemetery.



Left to carry on his legacy is his virtuous wife: Valerie; daughter:
Sharon; son: Preston; son-in-law: Anthony; grandsons: Shanton,
Clevon, Shannon, Shane; granddaughters: Preshona, Tanya,
Vernelle, Christine; sister: Remelda; brother: Rudolph; sisters-
in-law: Cara, Carole, Wendy; brothers-in-law: Richard, Jeremy;
nieces and nephews: Judy, Sandra, Warren, Mars, Karen, Calvin,
Kendal, Kirklyn, Olive, Bridgette, Keris, Nigel, Livingston, Nancy,
Godfrey, Sheila, Anne, Linton, Judy, Harvey, Dr. Eugene, Rufus,
Thelma,Taraceta, Joyce, Lula, Laura, Johnny, Clinton, Hilton,
Keno, Jeffrey, Latoya, Judy, Lawson, Liz, Estelle, John, Diane,
Francis. Cedric, Vernita, Beverley, Glendina, Betty Ruthmae,
Barbara, Yvette, Peggy Christine, Tanya, Betty, Alfreda, Donnie,
Audley, Gregory, Dolores, Edna, Ella, June, Zelma, Lucille, James,
Herman, Beryl, Cynthia, Iretha, Phyllis, Linda, Delbert, Elsie and
numerous other relatives and friends including the entire community |
of Exuma.

Viewing will be held in Exuma on Friday September 19th, 2008
from 4:00pm until service time at the church.



THE TRIBUNE OBITUARIES



FREEPORT
11A East Coral Road, Freeport, G.B., Bahamas
P.O. Box F-42312
Telephone: (242) 373-1115 / (242) 373- 1471
Pager: (242) 340-8043 ¢ Fax: (242) 373-3005

THe SEPTEMBER 18, 2008, PAGE 11

ae Homie ein)

NASSAU
Robinson and Soldier Ro ads, Nassau, N.P., Bahamas
P.O. Box CB-12072
Telephone: (242) 394-8043 / (242) 394-8047
Pager: (242) 340-8043 ¢ Fax: (242) 340-8034

ae) ae Sm es FOR



Tammy Rachiné
Larrimore Rolle, 40









her husband: Leslie Rolle; son: Perry Thompson; daughters:
Teshima Thompson, Tameka Rolle and Salen (her beloved cat);

granddaughter: Shamela Diamond Turnquest; mother: Arementa
Johnson; brother: Jermaine M. Ferguson; sisters: Raquel Johnson, :

Kamer Major and Kendela Moxey; mother-in-law: Mary Rolle;

sisters-in-law: Michelle Allen Ferguson, Elizabeth Smith, Jennifer
Rolle, Sherry Pinder, Vernita Moss, Christina Beneby; brothers- ; L_
in-law: Dwight Major, Jermon Moxey, David'Jr., Gary, Craig, :

’ Fairb Jeff d Joel Rolle, Andrew Pind Keith B by |
Se ee ae Se ee : and Tariana Ceremy, | Brother: Gabriele Ceremy; 1 Brother In

and Christopher Moss; nieces: Lakeitra Smith, Aaliyah Smith,

Malik Johnson, Latonya Rolle, Andia Pinder; Kristie and Kristel ae : ; :
Moss, Shantique Rolle, Shanice Sweeting, ‘Alicia Gibson and | Kenndra Paul, Latorine Simms, Shonta Dawkins, Michaella Dean,
Shaniqua Smith; nephews: Alexander J. Ferguson, Shakeem :
Thompson, Dwight Major Jr., Andrew Pinder II, Sean, Neko and :
Rico Moss, Darren, Denin, Dario, Desmond, Dominic and :

DeAngelo Rolle; aunts: Rosetta Rolle, Miriam Brennen, Mary Paul Apase. Alic Han Philome. MichealJoseph: 38 Cousins:

Charles Symonette and George Collie; uncle-in-law: Algernon Michael, Billy, Nemoz, Philober, Vadline, Chaline, and Wozline

(Elgie) Rolle and Bursil Rolle; aunt-in-law: Dawn Collie, Joan :

S tte and Gertrude Rodgers; god ts: Stafford and T
tae Be eee ee eae emi : Jean, Ellane Ceremy and Family, Luke August; other Relatives

: and Friends Including: Davenia Seymour, Noey, Chase, Pemmy,

Jane Symonette and Verna Collie of USA: uncles: Edward J ohnson,

Demeritte; cousins: Carla, Michelle, Graham, Sheena, Marie,
Stacey, Antonio, Anastacia, Shiniqua, Indira, Melvin, Hawanya,

Bridgette Davis and family, Joycelen, Willamae and the entire
Duncombe family, Albert, Ralph, Oscar, Roberta, Ruby and John :

Saunders; other relatives and friends including: Daffla, Rosanna, : and F amily of Miami, Florida, Rosemaine Charles and Family of

Perry Thompson and the Thompson family, Mrs. Mildred : Miami Florida, Chase, Mrs. Ruth Glition, Mr. Desmond Sands
Edgecombe and family, Claudine White, Pearl Brennen and }
Lauriette, Jane Bodie, Dorothy Pearl, George, the entire Fox Hill :
community, the Potter’s Cay Dock family, Rev. Dr. David Johnson :
and Sister Johnson , Rev. Hartman Nixon and family, Rev. Earnest :
McPhee and family, the Macedonia Baptist Church Choir and ;
Community, Ellie Bain, MP Fred Mitchell, Dialysis Unit atthe :
Princess Margaret Hospital and many others too numerous to :
mention. Special thanks to the ICU unit at the Princess Margaret :

: Hospital,

‘Left to cherish fond memories are |



Macedonia Baptist Church Marching Band.

i Viewing will be held in the Perpetual S uite, Restview Memorial
: Mortuary and Crematorium Ltd., Robinson and Soldier Road
: on Friday September 19, 2008 from 10:00am unitil 6: 00pm and ©
of Highbury Park will be held on :
| Saturday September 20th, 2008 at :
10:0am at the Macedonia Baptist }
Church, Bernard Road. Officiating :
will be Rev. Dr. David S. Johnson :
assisted by Rev. Hartman Nixon and :
Rev. Earnest McPhee. Interment :
| will follow in the Church’s Comey

on Saturday September 20, 2008 from 9:00am until service time
at the church.

Marcel
St. Remy, 20

of Cowpen Road, will be held on
Saturday, September 20, 2008 at
1:00pm at St. Joseph’s Catholic
Church, Boyd Road. Officiating will
be Fr. Elaine Lavan. Interment will
follow in The Lakeview Memone:
Gardens, J.F. K. Drive.

He is survived by his Parents:
Nerilien and Aglace Philome-
Ceremy; 5 Sisters: Chinese Sanchez, Kimberly, Carine, Roseline,

Law: William Sanchez; 9 Nieces & Nephews: Dieumica Louidor,

Anthon Minns Jr., James Paul, Benjamine Sanchez, Phillip
Robinson Jr.; 7 Aunts: Jemadel, Sherize, M*‘ Amon, Dousou and
Madam Michelet and Madam Paul Philome, Maricia Joseph,
Flave, and Elerna Nortales; 6 Uncles: Christilan Ceremy, Michelet,

Philome, Mishilo, Angelo, Ceidwal Joseph, Kingsley, Renold -
Jean, Michlin, Je’Nor, Nadij‘E Dairavein, Leciter Ceremy, Lexmon

Skiller, Twin (Kenio & Elkeno) Tommy, Papa, Romaine Sands,
Justin, Freman, Rodino Sands, Ricardo Arhana, Emmeal Paul

and The Entire Shoal Restaurant Family, Latoine Simms and
Family, A. Charles Minns Sr. and Family, The Entire Rupert Dean
Lane North Family, The Entire John Road West Family,

Viewing will be held in The Irenic Suite, Restview Memorial
Mortuary and Crematorium Ltd., Robinson and Soldier Road
on Friday September 19, 2008 from 10:00am until 6:00pm and
on Saturday from 12:00 Noon until service time at the Church.



PAGE 12, THURSDAY, SEPTEMBER 18, 2008



FREEPORT
11A East Coral Road, Freeport, G.B., Bahamas
P.O. Box F-42312
Telephone: (242) 373-1115 / (242) 373-1471
Pager: (242) 340-8043 e¢ Fax: (242) 373-3005



ROLAND

SCOLIE 99
SAINTILIEN
ELIDOR, 32

DRIVE, FREEPORT, GRAND BAHAMA.

family.

FUNERAL SERVICES FOR

OF HANNA HILL, EIGHT MILE |
ROCK, GRAND BAHAMA :
AND FORMERLY OF:
NASSAU, NEW PROVIDENCE :
WILL BE HELD ON:
SATURDAY, SEPTEMBER 20, :
2008 AT ST.. VINCENT DE PAUL CATHOLIC CHURCH, :
HUNTER’S, GRAND BAHAMA AT 11:00 A.M. :
OFFICIATING WILL BE FATHER REGINALD |
DEMERITTE. INTERMENT WILL FOLLOW IN THE :

GRAND BAHAMA MEMORIAL PARK, FROBISHER | ;
: HUNTER’S, GRAND-BAHAMA AT 1:30 P.M.

OFFICIATING WILL BE FATHER REMY DAVID. .

Left to cherish his memories are his 2 daughters: Theresa :
and Olliyah Elidor; 3 Sons: Roland Jr., Owen and Seven
Elidor; 7 Sisters: Therese, Neva, Evelyn and Yvonne Elidor, }
Monique Choute, Rosnie Datus, Noresia Joseph and Carlene; :
2 Brothers: Jeffet and Arelien Elidor; Nieces: Esta, Nychebi, :
Christina, Shantina, Joenne, Britnese, Celena, Casandra,
Kimara, Dandra and Dejai Cadet; Nephews: Eondre, Prince, :
Mike, Malek, Lil Bobby, Kirby, Rubinski and Emmanuel; 4 |
Aunts: Mm Meralece Elidor, Insele, Delivia and Memere :
Saintilien; 3 Uncles: Charlie Paul Elidor, Janmilien and
Korilien Saintilien; Cousins: Tepa, Anna, Charlton, Carole, |
Rosemane, Ermite, Roger, Antrimise, Aselese, Antointe,
' Tliody, Tantelia, Dievile, Ketilise, Cafrancia, Miselene, Oldore, :
Saindie, Ketly; Erilece, Tiloma, Jimmy, Rejane, Tamice, |
Tiandie, Eliya, Eliane, Magerite, Jean Bernard, Cudemre and :
Berbet; Special Friends: Lency St. Vil, LaTonyah Gibson :
“Pony” Campbell, Bruce, Links, Melus, T-Boy and a host of :
other relatives and friends including: Ismael, Rosela, Carlene, :

Nixon, Friflet, Bobby, Joycelyn and Bernadette Bartlett and |
i SUITE” OF RESTVIEW MEMORIAL MORTUARY &

! CREMATORIUM LIMITED, 11-A EAST CORAL ROAD,

VIEWING WILL BE HELD IN THE “SERENTIY SUITE” |
OF RESTVIEW MEMORIAL MORTUARY 4 &



THE TRIBUNE OBITUARIES

NASSAU
Robinson and Soldier Roads, Nassau, N.P., Bahamas
P.O. Box CB-12072
Telephone: (242) 394-8043 / (242) 394-8047
Pager: (242) 340-8043 ¢ Fax: (242) 340-8034





FREEPORT, GRAND BAHAMA ON FRIDAY FROM 10:00
A.M TO 6:00 P.M, AND AT THE CHURCH ON

: SATURDAY FROM 8:30 A.M UNTIL SERVICE TIM’.



INOTAIRE
“TRKTE 99
SAINTEL, 82

OF PINDER’S POINT, GRAND
BAHAMA AND FORMERLY
OF PORT AU PAIX, HAITI
WILL BE HELD ON
SATURDAY, SEPTEMBER 20,
2008 AT ST. VINCENT DE
PAUL CATHOLIC CHURCH,

INTERMENT WILL FOLLOW IN THE PINDER’S POINT |
PUBLIC CEMETERY, PINDER’S POINT, GRAND
BAHAMA.

She leaves to mourn her loving Children: Josette, Mark,
Annie, Ronny and Anton; Stepchildren: Almirose, Jocelyn,
and Yolette Pierre; 23 grandchildren: Maletide, Pauline,
Clina, Jonide, Jeff, Benson, Cassandra, Treka, Miken Aliscar,
Andy, Jennifer, Jonathan, Alan Sylvian, Marcus, Marquita,
Mark Junior Saintil, Freppel, Lisbeth, D’Angelo, D’Andra
Frederick, Christina, Tyler, Corey Geffrard; 3 Sons-in-law:
Julson Sylvian, Elange Aliscar, and Jeff Frederick; 2
Daughters-in-law: Julie Saintil, and Annette Geffrard; 4
Sisters: Melanie, Anacelia, Choucianni, and Manilia Jean-
Louis; Brothers: Theophile, Frematis, and Divin; Nephews
and Nieces in Haiti; God-children: Clifford, Linda, and
Brandon and a host of other relatives and friends.

VIEWING WILL BE HELD IN THE “CELESTIAL

FREEPORT, GRAND BAHAMA ON FRIDAY FROM 10:00
A.M TO 6:00 P.M, AND AT THE CHURCH ON

Lf CREMATORIUM. LIMITED, LL.A EAST.CORAL BOSD, SATURDAY FROM 12:30 P.M UNTIL SERVICE TIME. |



THE TRIBUNE OBITUARIES

NASSAU
Robinson and Soldier Roads, Nassau, N.P., Bahamas
B-12072






FREEPORT
11A East Coral Road, Freeport, G.B., Bahamas
12

.0. Box F-4: *
Telephone: (242) 373-1115 / (242) 373-1471
Pager: (242) 340-8043 ¢ Fax: (242) 373-3005

DEATH NOTICES FOR

.0. Bo:
Telephone: (242) 394-8043 / (242) 394-8047
Pager: (242) 340-8043 ¢ Fax: (242) 340-8034




























NEKERIA “NIKI”
BROWN, 24

OF #211 PIONEER’S LOOP,
FREEPORT, GRAND
BAHAMA AND
FORMERLY OF GAITOR’S
CAY, CAT ISLAND DIED
AT THE PRINCESS_

“MARGARET HOSPITAL
ON SATURDAY,

SEPTEMBER 13, 2008.





She is survived by her 5 Children: Laneka, Deneko, Delano
Jr., Brianna and Alanna Seymour; Mother: Frances
Dorsette; Father: Patrick Brown Sr.; 3 Sisters: Sherika
Brown, Demetria and Vanessa Pratt; 2 Brothers: Patrick
Brown Jr. and Raphael “RJ” Williams; 2 Grandmothers: ©
Doral Brown and Vincie Dorsette; Grandfather: Austin
Brown; 13 Aunts: Florese Lewis, Deleressa, Theresa,
Merice, Sheerese, Kizzy and Gracy Brown, Gracie, Jenny,
Sadie, Sandrina, Aretha and Iva “Mathilda” Dorsette; 7
Uncles: Harold, Buster and Lester Brown, John,
Emmanuel, Nathaniel “Nat” and Joe Dorsette; Special
Friend: Delano Seymour Sr. and a host of other relatives
and friends.

FUNERAL ARRANGEMENTS WILL BE
ANNOUNCED AT A LATER DATE.

- MR.SAMUEL
ALEXANDER
WILLIAMS, 68

Of #36 Diamond Drive,
Freeport, Grand Bahama and
formerly of Exuma died at
The Rand Memorial Hospital
on Tuesday, September 16,
2008.



Funeral arrangements will be announced at a later date.

THURSDAY, SEPTEMBER 18, 2008, PAGE 13

COLYN-
“LLEWELLYN
REES, 85

Of Marsh Harbour Abaco,
passed away at his home on
Friday September 12, 2008
after a short illness.






















Born in Bermuda, Colyn
made his home in the os

Bahamas after coming to Nassau as an RAF pilot during
World War Il. After the war he studied as a professional
photographer, however his love of flying took over and
he started the 18 amphibious airline in the Bahamas,
the Nassau Aviation Company which allowed him to
visit many of the out islands. Eventually he settled in
Abaco. He renovated and opened what is today the
New Plymouth Inn, and also ran his own bonefish camp
for almost 20 years on the Hilltop in Cherokee Sound.
While there he commissioned two fishing smacks, the
Pride of Abaco and the Abaco Queen. Eventually he
settled in Marsh Harbour where he took up his
photography again, printing his wonderful black and
white photographs of the Bahamas in those early days
that would become his legacy.



He was pre-deceased by his wife Helen Rees of Nassau.
He is survived by his longtime companion Patricia
Albury, his sister Betty Burgesser of Florida, sons Colyn
T. Rees, Robert A. Rees and W.James Rees, daughters-
in-law Melanie Rees, Kimberly Rees and Donna Rees,
six grandchildren Jamie, David, Adam, Christopher,
Michelle and Emily. Very special friends Albert & Jackie

_ Albury and special friends Mr. Lloyd Deveaux, Herbert
& Minnie Key, Lewis Schneider, Dr. Frank Boyce, Rev.
Bob Cornea, Carol & Lorraine Sawyer, M.P. Edison &
Kathy Key, Royce Sands, Mailin Sands, Farron Sawyer,
William Sands of Commonwealth Bank, Donald Smith,
Lincoln & Andrea Albury, Stan & Ruby Albury, Joe
Albury, Tuppy Weatherford, Sam & Arlene Albury,
Maurdee Albury, Rich & Ellen Curry, Mrs. Marylin
Innocense and many more wonderful friends all over

the Bahamas.


















As with Colyn’s wishes a private family service will be
held. Those who wish to make a donation in his memory
can do so to the Abaco branch of the Bahamas Cancer
Society. .



~PAGE 14, THURSDAY, SEPTEMBER 18, 2008





ALICE MABLE
EDWARDS, 80

"Ma Alice"



Andrew Toppin assisted by Rev. Father Berkley Smith,
Rev. Father Atma Budhu and Catechist Harrison Horton
will officiate. Interment will follow in the Public Cemeiey
Wemyss Bight Eleuthera.

Left to cherish her memories are three sons, Patrick,

Hall and Brenda Gray; two adopted daughters, Sheba
Bowe and Charlene Carr; two adopted sons, Dudley
Smith and Hillary Richards; twelve grand-daughters,
Shenette Maynard-Bethel, Danielle, Latanya and Lindsey
Maynard-Thornton, Latwell Capron, Shanelle Farrington,
Kristina and Tina Bethel, Monique and Jody Hall,
| Antwanika and Felicity Marche; twelve grand-sons,
Quentin Maynard, Mario, Jamaal, Javon, Javis, James Jr.,
Robert, Edwin and Johnathan Hall, Leroy Sands,
Alphonozo Farrington and Ivan Rolle Jr.; fifteen great-
grands, Trevette, Patrick, Laquentia., Melissa, Timmiea,

, Deniqua, Shavantae, Trenique and Meriska; seven nieces,
Eulamae, Symonette, Maedawn Cooper and Molly
and Carlton Cooper; three daughters-in-law, Berthamae
and Helena Maynard and Julie Hall; one son-in-law,

Leroy Gray; one grand-daughter-in-law, Cloe Maynard;
two-grand-sons-in-law, Peter Bethel and Timothy Capron;

Commontuealth Huneral Home,
g Independence Drive ¢ Phone: 341-4055 .

' FUNERAL SSS FOR

: nephews-in-law, Theophilus Symonette, Jack Hilton,
: Kennedy Bethel and Gary Ingraham; one god-child,
: Jackie Symonette; other relatives and friends include,
: Mr. and Mrs. Tyrone Sands and family, Betty Sands and

family, Helen Swann and family, Donald Fernander and
affectionately . alled : family, George Fernander and family, Ronald Taylor and
: family, Breon Leary and family, Mildred Bethel and
: family, Donald Knowles and family, Johnathan Edwards

of Wemyss Bight Eleuthera, : and family, Struss Edwards and family, Jackie Edwards

will be held on Saturday 10:30 : and family, Petrona Kemp and family, Charles Rolle and
‘| a.m. at St Luke's Anglican ;
Church Rock Sound Eleuthera. : family, James-Sands and family, Claudia Sands and family,
Officiating will be Rev. Father :
: family, Edrin Symonette Sr. and family, Elton Symonette_
: and family, Charlotte Young and family, Otis Young and

: family, Erick Gibson and family, Reginald Knowles and

: family, Vandolyn Sands and family, Miriam Butler and

: family, Olivia Symonette and family, Susan Hall and

: family, Mack Hall and family, Phyllis Kemp, Rowena

Stephen Maynard and James Hall; two daughters, Rose :
: Gibson and family, Cloyd Leary and family, Muriel Leary
: and family, Gloria Strachan, Godfrey Deveaux and family,
: John Farrington and family, Kermit Cates and family,
: George Edwards and family, Glen Edwards and family,
: Noel, Cindy and Barbara Thompson, John Butler and
: family, Kirkwood Cleare and family, Harvettee Ingraham
: and family, Matthew Thompson and family, Principal and
: Staff of Preston H. Albury High School, Staff at the Road
: Traffic Department, Management and Staff of Scotia Bank
: Rock Sound, Dr. Sydney Smith and the Staff at South
: Eleuthera Clinic, St. Luke's Anglican Church Women and
Chanissa, Timothy, Patrinique, Charles, Amba, Lavardo : the Parish family of South Eleuthera. Senator Johnley
: Ferguson and family, the Honorable J. Oswald Ingraham
Janet Horton, Patty Bethel, Carol Hilton, Diana Ingraham, and family and the entire community ofWemyss Bight

: and Rock Sound Eleuthera.
Williams; seven nephews, Whitfield Edwards, Harry and :

Ronald Horton, James Eardley Sands, Walton, Otis Jr.

: CHAPEL OF MEMORIES COMMONWEALTH
: FUNERAL HOME INDEPENDENCE DRIVE on
: Friday from 10:00-11:30 a.m. and at the church in Rock
: Sound on Friday from 7:30 p.m. to service time on
six nieces-in-law, Zelma and Anna Horton, Stephanie : Saturday. |

Sands, Willamae, Brenda, and Debbie Cooper; four

‘THE TRIBUNE OBITUARIES

















family, Florence Mackey and family, Margaret Rolle and




Sandra:Roberts and family, Mr. and Mrs. Jerry Rolle and







Rolle and family Romanda Bodie and family, James



















Relatives and friends may view the remains at THE











THE TRIBUNE OBITUARIES




BLANCHE DEAN
SMITH, 86

- affectionately called
"Mama Blanche"

formerly of Arthur's Town Cat Island,

assisted by Rev. Father Berkley Smith,



the Public Cemetery Wemyss Bight Eleuthera.

Precious memories are held by her children, Rosie Collins, Irene
Rolle, Moses Smith and Agnes Jolly; two adopted daughters,
Missionary Maude McKinney and Ruthnel Nixon; grand-children,

Bahamas Police Force, Valarie Rolle, Veronica Jones, Catherine Collins,
Bernadette Rolle, Kevin, Antonio I and Bradley Collins, Lewis,
Monique, Daniel, Christopher, Crystal, Sharvargo, Deangelo, Louis,

Rashad and Moesha Smith, Mozena Young, Marion Thompson and
Ralvin Brown; great grand-children, Destiny, Antonique, Shontavia

and Akhila Smith, Ryan, Hugo, Sean and Huesha Rolle, Kemeo,

Kayshela, Craig, Kavonne and Kaysheena Collins, Phillippa Mackey, !
Trevor Rolle, Jade Basden. Alexio Brown. Shequella, Sherese, Shecoya :

and Sherika Collins, Donovon Dorsette II; Davante Bethel,
Kenveronique and Kenjia Jones, Derencea amd McDerbern Rolle,
Antonio II, Antwon, Antoniqua and Dominique Collins, Kyle, Kai,

Aaron and Gabrielle Collins, Uwanka Hanna, Yolanda, Wayde Jr., and
Alajuvon Wallace, Lynden Jr., Jaylin, Larad and Monique Roile; great :

great grand-children, Kemeon and Davronique; nieces and nephews,
Ellie, George, Sam, Leroy Jr., Dorothy, Granel, Martha Ferguson,
Tensie, Doreen, James Jr., Joseph, Charles, Phillip, Marianna, Charlotte,

Princess, Vease, Pearlamae, Betsy, Cyril, Mary, Christene, Lillis Dean- :
‘ Denzil Ricards; five sisters, Dellame Davis, Vehicha Douglas, Ashley
Lester, Milton, Rudolph, Henry, Felix, Martha Smith, Madge, Dorothy,
:’ Darano McKenzie and Christopher Robinson Jr.; three nieces, Chanteva
Mac, Basil; Bernard, Edgar, Dudley, Arnold and Edris Miller; grand- :
: two uncles, Ballie Richards and George Recard; special friend, Ricardo

Bethel, Lucinda, Margaret, Betty, Augusta, Fritz, Frederick, Clayton,
James, Dina, Lambert, Franklyn, Herman, Clinton, Nathalie, Kenneth,

nieces and nephews including, Janette, Christine, Astrid, Melissa,

Nicole, Clarise, Romain, Claudia, Brenda Davis, Tiffany, Sharon and :
Marva Paul, Crystal and Dominique Dean, Andrea Rolle, Shawn. :
Keith, Neil, Antonio, Marsha, Delano and Kenrick Rolle; daughters- :
in-law, Ethlyn Rolle and Louise Smith; son-in-Iaw, Vincent Collins
Sr. and Leroy Jolly Sr.; grand-daughter-in-law, Gardina, Aramentha :
and Bernadette Collins; grandsons-in-law, Kendal Jones, Hughie :
Rolle, Devon Young, Magistrate Derence Rolle-Davis, Pastor Paul :
Thompson; other relatives and friends include, Rebecca Williams :
and family, Vernice Dorsett and family, Idamae Duncombe and family,

Conmmontvealth Funeral Home,
Independence Drive ¢ Phone: 341-4055

FUNERAL ANNOUNCEMENTS FOR

Mable Rogers.and family, Cecilia Dean and family, Laura Miller and
: family, Sheba Webb and family, Mr. and Mrs. Charles Rolle and family,
: Mr. and Mrs. Daniel Nixon and family, Pastor Carl Nixon and family,
: Florie Mackey and family, Dr. S. Smith, Nurse M. Greene, Eulease
‘ Thompson and family, Cyril Collins and family, Sherene Collins,
‘ Carolyn Moss and family, Mildred Culmer and family, Catherine
‘ Forbes and family, Administrator Alexander Williams and family,
Lynden Thompson, Shanell Cash, Donnalee Miller and family, Sheba

| and a resident of Wemyss Bight : Bowe and family, Administrator Charles King and family, Sheena

Eleuthera will be held on Saturday ; Daniels, Father Andrew Toppin and family, Father Berkley Smith and

3:30 p.m. at St. Mary Magdalene ; family> Edna Russell, Zona Moncur and family, Jackson Jolly and

Anglican Church Wemyss Bight } family, Member Of Parliament for South Eleuthera Honorable Oswald

Eleuthera. Rev. Father Andrew Toppin Ingraham, the South Eleuthera Branch of the Progressive Liberal Party,
‘ the entire communities of Arthur's Town Cat Island, Wemyss Bight,

and Pastor Preston Collins will } Bannerman Town, Upper Bogue, Eleuthera

officiate and interment will follow in : :
Relatives and friends may view the remains at THE CHAPEL OF
‘ MEMORIES COMMONWEALTH FUNERAL HOME
‘ INDEPENDENCE DRIVE On Thursday from 3:00-7:30 p.m. on
‘ Friday from 10:00-11:30 a.m. and at the church in Wemyss Bight from

Pastor Preston Collins, Minister Gregory Collins, Ivan Hall of Kentucky, Briday: 7-30 pam. to service timeron saturday

Ishka Rolle, Leroy Jr., and Royan Jolly, Glenroy Hanna, Joy Emily
' Mackey, Yvonne Smith, Coporal #1910 Lynden Rolle of the Royal :



THURSDAY, SEPTEMBER 18, 2068, PAGE 15



y
|



‘NICOLA CANDICE
RICHARDS, 23

affectionately called ''Cola"

of Graham Drive, Yellow Elder
‘| Gardens, will be held on Saturday 1:00
p.m. at Carmichael Baptist Holiness
Church, Carmichael. Rev. Paul
McPhee, assisted by Minister Wilfred
Rose and Rev. Albert Kerr will
officiate and interment will follow in
the Southern Cemetery, Cowpen and
Spikenard Roads.

Fond memories are held by her mother, Claudette Richards; four

brothers, Davaughn, Christopher Robinson, Leroy Deleveaux and
McKenzie, Denisha McKenzie and Aaudesha Ricards; two nephews,
and Antonece Newton, Chevell Douglas; one aunt, Dorretta Richards;

Rolle "Burchey"; sister-in-law, Norma Rolle Robinson; godmother,
Genevive Brown; a host of other relatives and friends including the
community of Graham Drive, Yellow Elder Gardens.

Relatives and friends may view the remains at THE CHAPEL OF
MEMORIES, COMMONWEALTH FUNERAL HOME,
INDEPENDENCE DRIVE on Friday from 1:00-7:30p.m. and on
Saturday at the church from 12:00 noon to service time.



PAGE 16, THURSDAY, SEPTEMBER 18, 2008











ANSEL ALEXANDER
GARDINER, 79

affectionately called
"Winston"




and Zulmunn:i Smith; nephews, Bonfill Jr., and Ricardo
Gardiner, Gary and Montgomery Lightbourne and Renaldo
Knowles; grand nieces, Anwar and Cherkedra Homes,

Henfield and family (Atlanta, Georgia), Bishop Joseph and

Commontvealth Funeral Home
d Independence Drive ° Phone: 341-4055 is

Bats yer U lute l= nm eda,

3 Hamilton families, and other family and friends too numerous
: to mention. Special thanks extended to the Doctors and
: Nurses in Oncology Clinic and those on Male Medical II,
: PMH, and the entire community of Lightbourne Street,
: Yellow Elder Gardens.

of Lightbourn Street, Yellow : Relatives and friends may view the remains at THE

Elder Gardens, will be held on | CHAPEL OF MEMORIES, COMMONWEALTH

Saturday 10:00a.m. at The : FUNERAL HOME, INDEPENDENCE DRIVE on Friday
Church of God of Prophecy, :
Seven Hills. Bishop Clarence :
Williams will officiate and }
interment will follow in the :

Southern Cemetery, Cowpen and Spikenard Roads. :

- Left to cherish unforgettable memories are: four daughters, :
Minister Sandra Forbes, Mrs Whilemena Henfield, Rev. Dr. :
Dianne Gardiner and Dederie Gardiner; six sons, Michael, :
Godwin, Emmanuel, Courtney, Clint and Charles Gardiner;
one sister, Mayola Gardiner; two brothers, Anthony and :
Winston Gardiner; grandchildren, Eltisa, Latara, Robin, :
Devaughn, Romeha, Jamaine, Lakeisha, Serenity, Angel, :
Demetrio (Rio), Mychanderia, Toccara, Godranique, Natisha :
and Godyra; great grandchildren, Demetrio (Metrio) :
Henfield, David Barr, Thomas II, Terran Robinson and
Gabriella Collie; nieces, Bonita Johnson, Dianna Knowles :



Antone and Asha, Cheryl Knowles; sons-in-law, Thomas
Forbes and Ferlin Henfield; brothers-in-law, Herbert Burns, |
Benjamin Forbes and Rev. Dr. Shelton Higgs; sisters-in- :
law, Leonora and Nel Gardiner, Vernita Missick, Martha
Hudson, Princess Basden, Marcella Forbes, Deanne Valarie :
and Corrine Higgs; other relatives and friends, Delia : grand-children and great grand-children; four brothers,
: Rev. Dr. Carroll J. Storr of Miami, Florida, Frederick J.
Roselyn Swann, Delores Lightbourne, Gertrude Demeritte, :
Reuben, James, Emmanuel, Howard and Enos Missick, :
Gertrude Lightbourne, Matred Gardiner, Karen and Rupert :
Missick, Bertha and Enid Gardiner (New York), Emadle :
Henfield, Fiona Saunders (God-daughter), Shirley and :
Wendy Clarke, Deaconess Norma Jean Knowles and family,
Paul Higgs, Ezekiel Williams, Wesley Walkine, Garet Higgs, :
Prime Phillips, Cornelius Gardiner, Mr. Thurston, Mr. Cleare, :
The Gardiner, Forbes, Henfield, Missick, The Outten and :

THE TRIBUNE OBITUARIES


































from 2:00 - 7:30p.m. and on Saturday at the church from
9:00 a.m. to service time.

A MEMORIAL SERVICE
FOR

MR. JEROME
STORR, 68
‘affectionately called .
ee Pa d dy ve

of the United States, will be held
on Saturday 11:00 a.m. at the
grave-site in Old Trail Cemetery,
Abundant Life Road. Officiating
will be Bishop Adline Jones of
New Beginning Prayer Ministry
International.

Left to cherish his memories are: five children, Evangelist
Coral, Charles and Cindy of Nassau, Bunny of Miramar,
Florida and Glenda of Daytona Beach, Florida; numerous

Storr of Nassau, Jackson W. Storr of Miami, Florida and
Kenneth Storr of Ft. Lauderdale; one sister, Joycelyn Storr-
Rolle of Nassau; numerous nieces and nephews, a host
of other relatives and friends.

Arrangements are being handled by THE CHAPEL OF
MEMORIES, COMMONWEALTH FUNERAL HOME,
INDEPENDENCE DRIVE.





THE TRIBUNE OBITUARIES

Rack of Ages Suneral Chapel

Wulff Road & Pinedale
Tel: 323-3800 or 322-1431 ¢ Fax: 328-8852 -



THURSDAY, SEPTEMBER 18, 2008, PAGE 17

SHIRLEY ALVENIA
FERGUSON, 69












“Woodlawn Gardens.

Precious memories will always linger in the heart of her |
husband of 48 years, Leroy Alexander Ferguson; children,

Barbara and Don Gibson, Anthony, Beulah, Leroy Jr.,

Mildred and Brent Evans, Corporal Jerome Ferguson and |.
Carla Ferguson, Reuben, Corporal 2000 Kenn Ferguson, |
Prison Officer Kimberly Ferguson, Nekeisha and Woman |
Constable Kristal Ferguson; daughter-in-law: Diann |
Ferguson; grandchildren, Zhivago, Don Jr., Theresa, |
Jessica Gibson, Anthony Jr., Ferguson, Lashanda, Loquinton, :
Laronda, Leroy III, Blake, Braylen, Jerome Jr., Garnett, |
Jamia and Sean; sister, Doris Cox; brother, Orville Simms, |
sisters-in-Iaw, Ruth Simmons and Julia Mills; brother- |
in-law Luther Cox; aunt-in-Iaw, Zilphas Simms; numerous |
nephews and nieces and their family including, Huel, |
Kenneth, Luther Jr., Venture, Gleka, Sherise, Andrea, Orville :
Jr., Anwar, Joseph, Eglon, John, Habukkak, Carl and |
Bloneva, Thelma, Patricia, Rachael, Rernise, Verdell, :
Eugeune. Oswald, Charley, Seward, Queen-Mary, Borice, |
Esther, Annafaye, Melvina, Eldra, Apostle Walter Henchell, |
Larry, Leotha, Ethlyn, Predensa, Mae, Kilroy, Rodrick, |
Glenn, Herbert Jr., Berverly, Ceola, Julia Stevens, Patrick, | Cltis Prilisten, smider Adeus; friends, Carlin, Line, Louise,
Patricia, Rosalie arid Sherryann; other relative and friends
including their family, Iris, Valderine, Margaretta, Anna, |
Orlean, Coretha Williams, Sylvia, Clarinet, Iraline, Basil, |
Anthony, Orpheus, Cinderella, Mavis, Delores, Luellen
Farquharson, Evelyn Ferguson, Peter C. Williams Jr., Viola |
Cunningham, Pastor Dorcas and Stephanie Thompson, Rev. |
- Rechville Ferguson, Barbara R. Gibson, Victoria Beneby,,,.. !

Seemonece L FT SEODOPS EEA IY SEE ILE ICE SD TE IIE EE OE GEL EPL LO ILE Le Oe ee OT ee a been ea eben

ei REE CAESAR EY RRO IR TEI a ae = I TEL

: ‘Fr. Franklyn Colebrooke, David Daxon, Rev. Linkwood
| Ferguson, Vernice Scavella, The Jones, family, Hon. V.
: Alfred Gray. M.P. for the MICAL Constituency, Archdeacon |

1 of Yellow Elder Gardens and : Keith Cartwright. Fr. John Kabiga, All Saint Anglican

| formerly of Fair Field Crooked |
Island will be held at The Church |
of The Most Holy Trinity |
Saturday, September 20th, 2008 |
at 2:00pm. Officiating will be |
Venerable Keith N. Cartwright |
| assisted by Rev Fr. Franklyn |
Colebrooke, Rev. Fr. John:
-Kabiga, Rev. Fr. Sebastian |
Campbell, Rev. Canon Sturrup. Interment follows in |

Church family, the Cabbage Hill Community and Crooked
Island at large.

Relatives and friends may pay their last respects at Rock
of Ages Funeral Chapel on Wulff Road and Pinedale in the
Jasper Suite on Friday from 10 a.m. to 5 p.m. and on
Saturday at the church from 1:00 p.m. until service time.

eee eee ee Te

_ JEAN SEVERE, 67

| of Lyon Road, Formerly of
Borgne Haiti will be held at
Metropolitan of the Nazarene
Church, East Street on Saturday,
. September 20th, 2008 at 10:00am.
Officiating will be Pastor Pileus
Youth assisted by other ministers
of the gospel. Interment follows
in the Southern Cemetery



Left to cherish his loving memories are his wife, lexita;
sons, Vickson and Ismeck Severe; daughters, Merlande;
Delicia, Adeus, Nelta and Anetelie Philistin Severe;
brothers, Sevlian and Harry Severe; sisters, Ehisena Dulius,
Vanelle and Mazelle Severe and Micheline Dieuvieuele;
son-in-law; Petit Philistin; brothers-in-law, Onondieu
Dulcio, Hector Dulico, Bernita Mocombe; sisters-in-law,
Anne-Mame Charles, Syltne Dulcio, Bernita Mocombe;
grandchildren, Jean Razmond Jose, Willinx Joseph,
Richardson, Samantha, Sonise, Daphney Cheesa, Lorinske
and Vicky Severe, Duchley Richard, Tyrese Severe, Shannen

Anelie, Mr. Ahexis Dulcio, Pastor and Mrs. Youth, and
Jean Francios'.

Relatives and friends may pay their last respects at Rock
of Ages Funeral Chapel on Wulff Road and Pinedale on
Friday from 10 a.m. to 5 p.m. and on Saturday at the emai
from. 2: 00 a. m, sunt, service time. ee er ee

pis hls bls off J

1
1
i aes accea seated i hs een aa





.PAGE 18, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE OBITUARIES

Kock of Ayes ¥ uneral 6 Chapel

\Nulff Road & Pinedale
Tel: 323-3800 or 322-1431 ° Fax: 328- 885.

aN SERVICES FOR



VICTORIA
EDGECOMBE
STRACHAN, 69

of Claridge Road wili be held at |
Holy family Catholic Church, |

September 20th, 2008 at:



Kendrick J. Forbes assisted by
Deacon Andrew Burrows. .
Interment follows in Old Trail Cemetery

Left to cherish her memory are her daughters, Sarah |
Saunders, Helen Roxbury, Shirleymae Thompson, Yvette |
Cash, Marilyn Pratt and Lorraine Pinder; grand children, |
Shabarah, Lashonda, Antonio, Alexis, Euvanka, Adrian, |
Melvin, Alvarez, Angelo, Cordell and Renecia; (2) great.
grand children, Shabricka and la' Shawn; (2) brothers, |
- Joseph Edgecombe of Miami Fl. and Quebell Edgecombe.
of Virginia; (1) sister-in-law, Myrtle Strachan; son-in-law, |
Carlton Roxbury, Tyrone Thompson, Ricardo Cash, Remick |
Pratt and Aaron Pinder; nieces and nephews, Kenneth, |
Karen and Doris Edgecombe, Linda Burrows and Ruth |
Bobb of Miami Florida. Yvonne Munroe of New York, |
Cecil, Leisie and Johnley Edgecombe, John, Kelsey, Maria

Tasha, William, Dave Melvina and Sgt. 552 Greg Munroe. |
Bebra Brown, Thelma Forbes, Janet Hall, Natasha Burrows, |
Irene. Johnson, Melvina Staurt, Rowena Darville, all of
Freeport Grand Bahama. Princess Burrows, Lawrence |
Burrows and Rosly Knowles; numerous other relatives |
and friends including, Lighty Adderly, Gloria Sturrup, |
Melrose Burrows, Abraham Adderley, Prolene Smith, |
Angela Gaitor, Sharlene Rolle, Selvin Rolle, Insp. Wendell :
Clarke, Audrey Woodside, Ken Butler, Beatrice Taylor, |
Pastor and Min. Francis Cooper and The New Bethany |
family, Mrs. Irma Mckenzie and family, The Rox family, |
The Staff of Sir Jack Hayward High School, and Walker
Parker Rox family, The Staff of Sir Jack Hayward High |
School, and Walker Parker Primary School, Dialysis Unit |
of PMH, Staff of The Kidney Center, Freeport. The entire
7am Mass of Holy family, Marta Beneby and family, Shiloh |
S.D.A Church family, Andre' Gittens and family, Staff of |

Robinson Road on Saturday, |

11:00am. Officiating will be Rev. |



- City Meat Market South Beach, Staff of First Step eee:
_ special thanks, Ricardo and All Bus Drivers of Holy family,
_ Mary Smith, Wendy Rolle, Gregory and Donna Rox and
| all Bus Drivers of PMH Dialysis Unit. °

| Relatives and friends may pay their last respects at Rock

of Ages Funeral Chapel on Wulff Road and Pinedale in the
Petra Suite on Friday from 10 a.m. to 5p.m. and on Saturday
at the Church from 10:00 am until service time.

MADICA
SIFFRARD, 42

of Farrington Road, formerly of
‘| Anse-A-Foleur, Haiti will be held
at St. Paul's Baptist Church
Saturday, September 20th, 2008
at 2:00pm. Officiating Rev.
Pradhomme Gladys assisted by
Rev Dr. Robert L. Colebrooke.
Interment follows Southern
Cemetery.

Left to cherish his loving memories are his wife, Ceticia;
six children, Mikey, Capson, Ermcy, Jephte, Luckenson
and Philoria Elysee; step son, Papo; step daughter, Leonise;
sisters, Masilia, Adelime, Anne- Mecie, Herla and Hermande
Siffrard; Brother: Tony Siffrard; uncles, Leo and Philit
Gedeus; nephews, Jean Johnson, Charlie, Jean Michel,
Guelson, Aberd, Djoudlin, Calos, Brensay, Lucio, Lidieu,
Sony, Emmerson, Guerry, Woudley and Roudson; nieces,
Amouse, Mirlande, Nana, Nanny, Dachma and Herline;
brothers-in-law, Roland, Charlius, Samuel and Thelamour
Cousins: Conelitha, Leona, Aniece, Dardoune, Gina,
Leonise, Mamoushka and Soimene, a host of other relatives
and friends including, Fierne, Rosita, Mirlande, Johnior
and Elicer.

Relatives and friends may pay their last respects at Rock
of Ages Funeral Chapel on Wulff Road and Pinedale on
Friday from 10 a.m. to 5 p.m. and on Saturday at the Church
from 1:00 p.m. until service time.



THE TRIBUNE OBITUARIES

THURSDAY, SEPTEMBER 18, 2008, PAGE 19

Demeritte’s Funeral Home

BAHAMAS’ OLDEST MORTUARY
MARKET STREET ¢ P.O. BOX GT-2097 ¢ TEL: 323-5782



Mr. Ivan "'the Legend"
Neymour, 67



- follows in St. Bartholomew's Church

Cemetery.

_He is survived by his wife, Magnolia Neumour (nee) Mackey; sons, Allan
and Ivan II; daughters, Kora Taylor, Carla McPhee, Terry, Stacy, Nadia

and Judy Neymour; grandchildren, Kristen, Kristelle, Kaysha, Kallie, :
Kari and Kai Taylor, Philesha and Phileece McPhee, Shane Roberts, Ivan :
- III and Kiara Neymour and Daunte Smith; daughter-in-law, Lavonne : |,
Neymour; godchildren, Juliet Newbold and Timothy Kabiga; brothers, if.
Mervin, Sidney, Randolph, Ronald and Cedric Neymour and David Braynen
Sr.; sisters, Fearlease Whyms, Evelyn Betty Anderson, Vernae Moore; :
nephews, Hetiry, Frederick, Joseph, Heron, Simon, Peter, Joel Bain, Elvis, :
Frankie; Charlie, Larry, Brent, Derick, Donald, Barry, Steven, David, :
: Cherished memories will linger in the hearts of his children, Virginia
: Gordon, Ken and Junior; adopted children, Monique Thompson, Diasti
i Delancy, Michelle, Frederica, Erica and Charles "Jacques" Fox; six (6)
: grandchildren; one (1) son-in-law, Charles Gordon; one (1) grandson-
: in-law, Raymond Adderley; seven (7) brothers, Leonard Johnson of
! Gregory Town, Eleuthera, Anthony, David, Rev. Jacob Phillip Johnson,
: Damian Charles Richardson of Miramar, Florida, Christopher and Kevin
: Johnson; seven (7) sisters, Matilda McCartney of Tarpum Bay, Eleuthera,
Sharlene and Arlene Wilson, Jackie. Bodie, Salome Wheeler, Elizabeth :
Belle, Melonie McDonald, Marie Coakley, Dora Walker, Genieve Marshall, : Johnson, Sandra Gibson, Stephanie Thompson and Martha Brown of
: Freeport, Grand Bahama; 28 nephews, 21 nieces, grand nieces and
: nephews; three (3) brothers-in-law, Henry McCartney of Tarpum Bay,
: Eleuthera, Austin Hepburn of Gregory Town, Eleuthera and Garland
Nurse Ingrid Braynen and Albertha Bain; brothers-in-law, Bishop Raymond
? Yvonne Johnson, Melissa Johnson and Sharinda Richardson of Miramar,
Braynen, Apna, Patsy, Betty, Almarie, Arline, Veronica Neymore; other ;
relatives, Erma Mackey, Melvenia Belle and family, Verlene Braynen and :
: Woodside of Mastic Point, Andros, Agnes Darling, Edith McPhee and
: Evelyn Hepburn of Miami, Florida; other relatives and friends including,
i His Excellency Sir Arthur and Lady Joan Foulkes and family, Mr. Oscar
? Johnson and Family, Ding.; Dags, Cleophas, Bones, Younger, Delores
: Dean, Gladdy, Vera, Dale, Philip Strachan, Pandora Johnson, Jipsey, Zeke,
: Tebo, Harry Miller, Robert Johnson, Dolly McDonald, Chicken, John,
Delancy and family, Willis Thompson Sr. and family, Althea Belle, Iris :
Braynen, Tievor Wilson, Hansel Braynen, Maxwell, Wellington, Albert :
: Crew, Taylor Street family, the Shell Saxons Superstars, Old Timers Softball
: family, The Free National Movement family and the Fort Fincastle family.
Andros Comunity; special friends, Ruth Wong, father Donald Kerr and :
: Friends may pay their last respects at Demeritte's Funeral Home, Market -
: : Street, from 10:00 a.m.-6:00 p.m. on Friday and on Saturday at the church
Mr. Ronald Bostfield, father Don Haynes, Canon Leopold*Cox, father: —
Kirklyn and Jackie Russell, father John Kabiga and family, Father Norman }

Ronnie, Tino, Torrey, Troy, Brandon, Randy Jr. Otis, Kirk, Lamont, Deon,
Cedric Jr., Lamont and Lavaughn Neymour, Emmanuel and Roosevelt
Whyms, Brian and Gregory Moore, Trevor Wilson, Simeon Anderson,

Jerome and Jeffrey Coakley, Leo, Bradley and William Braynen II, Michael :

Wheeler, Eddie, Raymond, Eric, Jason, George II and David Mackey;
nieces, Pearl Hinsey, Roselda Thompson, Maxine Lightbourne, Maryann,
Joan, Marsha, Cindy, Bhruna, Desiree, Delareece, Kimberly, Shirley,
Monique, Lavanda and Laurie Neymour, Cynthia Francis, Tara Forbes,

Monique Fleming, Cleo and Vanessa Whyms, Dora, and Terah Rahming,
Maedawn Smith, Rosie Blaise, Pauline Cash, Peggy Basden, Deborah
Knowles, Sarah Braynen, Yogah Wallace, Mariam Belle, Carolyn Whyms,

and Bishop George Mackey, Dino Alvin Moore; sisters-in-law, Mizpah

family, William Braynen and family, Beechem Braynen and family, Harold
Mackey and family, Arnold Coakley and family, Charles Smith and family,
Ismae Braynen, Maralyn Neymour and family, Robert Taylor, Philip
McPhee, Herman Smith, Mary Delores, Hezekiah and Jeremiah Neymour,
Margaret Sads, Queenie Hutchinson, Clothilda Sands, Arlene Cargill and
family, Mary Neymour of Fox Hill and family, Raymond Neymour, Rochelle

Braynen and family, the Mackey, Leadon, Coakley, Braynen, Canter,
Farrington, Nottage, Staff of Fresh Creek Clinic and the entire Central

family, Arch Cartwright, Prime Minister Hubert A. Ingraham, Minister Earl Deveaux,



FUNERAL SERVICES FOR |

: Lightbourne and family, Lilly Brown and family, Fr. Curtis Robinson and
: family, Administrator Donald Cash and staff of the Fresh Creek
'; Administrators Office, Criminal Records Office, Principal and Staff of
:- Nicholls Town Primary School, members of the Bonefish Guide Association,
: Buddy Zamoski, Sandy Sthur, Brian Hodges and Howard and Jing Torn,

a resident of Behring Point, Andros will : Marjorie Johnson and Miriam Williams.

be held at St. Bartholomew's Anglican i _. : ;
Church, Behring Point, Andros, on } Friends may pay their last respects at Demeritte's Funeral Home, Market
Saturday at 10,00 a.m. Officiating will be
Rev'd Fr. Donald Kerr, assisted by }
Venerable Archdeacon Etienne Bowleg,
Canon Leopold Cox, Rev'd Fr. Curtis :
Robinson, Rev'd Fr. Norman Lightbourne :
y and Rev'd Fr. Don Haynes. Interment



sewena

Street, from 1:00 p.m.-6,00 p.m. on Thursday and on Friday at the church
in Andros from 1:00 p.m. until service time on Saturday.

Ervin Charles "Ole Erv"
Johnson, 63

a resident o f Ft. Fincastle and formerly
of Gregory Town, Eleuthera will be held
at Transfiguration Baptist Church, Market
and Vesey Streets, on Saturday at 10:00
a.m. Officiating will be Rev. Dr. Stephen
E. Thompson, assisted by Rev. Basil
Johnson and others ministers. Interment
/ follows in Western Cemetery, Nassau
Street.

Rosemae Hepburn of Gregory Town, Eleuthera, Ellamae Mcintosh, Brenda

Gibson; Four (4) sisters-in-law, Patsy Johnson of Gregory Town, Eleuthera,

Florida; one (1) grand uncle, Buck Johnson of Gregory Town, Eleuthera;
cousins including, Roosevelt, Emerson Miller of Miami, Florida; Naomi

Andrea, Arthur, Gully, Linky, Bernie, Frank Simons and family, Henry
Williams and family, Big 0 family, Rum Keg Crew, Sir Harry Crew, Chico

from 9:00 a:m. entil’servics time.









PAGE 20, THURSDAY, SEPTEMBER 18 , 2008

‘THE TRIBUNE OBITUARIES

Aemeritie’s JS uneral a.

BAHAMAS’ OLDEST MORTUARY .
MARKET STREET ¢ P.O. BOX GT-2097 ¢ TEL: 323-5782

FUNERAL SERVICE FOR

Estine Pearlinica
Kemp, 92










a resident of Burial Ground
Corner and formerly of
Mangrove Cay, Andros, will
| be held at Zion Baptist Church,
East and Shirley Streets, on
Sunday at 2:00 p.m. Officiating

will be Rev. T.G. Morrison,
assisted by Rev. Ulric Smith and Associate Ministers
and Deacons. Interment follows in Western Cemetery,
Nassau Street.

Daughters, Helen McPhee (Retired school principal);
Thelma Thomas-Rose (Retired senior nurse); Dorothy
Brown (Housewife); Sheila Lund (Wal-Mart
supervisor); Yvonne Bowe-Rolle (Office of the

Attorney General); son, Dr. Derek Bowe (University ©

| professor) daughter-in-law, Norma Bowe of
Huntsville, Alabama; sons-in-law, Nolan Hanna, John
Lund of Galveston, Texas; Anthony Rolle, Sr.
Granddaughters, Lana, Doris, Laverne, Dedrie, and
Monique Hanna, Patrice Gardiner, Claudette Thomas,
Maria Oriakhi, Gloria Brown, Bridgette Farrington-
Sharp, Charmaine Farrington, Deryka Bowe, and Dr.
Yolanda Antoinette Rolle; grandsons, Thomas, Gary,
| Brian, and Kendal Hanna, Jacob and Philip McPhee,
Fredrick farrington, Mark Lund, Derek Bowe Jr. and
Anthony Rolle Jr.; step-daughter, Stephanie Lewis;
sisters, Inez Bodie, Florine Bell; sister-in-law,
Reverend Dr. Lavania Stewart.

She is also survived by 21 great-grandchildren, and
20 great-great grandchildren, Mama loved her family
and friends dearly; other relative and friends
including, Rudolph Levarity, Sr., Bishop Charles
Gardiner, Sr., Raymond Oriakhi, Sr., Lindell Hanna,
Zelma Levarity, The Green family, including Bishop
Sania Green, Coreen Cox, Kirklyn Barr, and Carolyn



At eieeteeeaseseacenescscenencnccncecescececcececensecececcucncnusncenecsususeucuccecucueaesenanesecusuanuscceasecseceseaeucnaenesaeeseeseasassausnensGeSseGEGeeeeseSEOeeOEGeSeSeeeseeeSeeneeeneESeSeaesS esses eeeceanenneneneceneeetaseasecaseacerscsasececsasnansenenanacesecsncensensnecsatnenseaeusesensesessaseonsesenetseseececeseeceeseees

The. Bastian.family,.including;..Preola-Roleyai:
Elaine Johnson, and Lorraine Bastian; The Rolle :

family, including, Laurene Clarke, Victor Rolle, and.
Ruth Pinder, The Bodie family, including Ironaca:
Morris-Baker, Ruth White of Florida, Reverend
Rubyann Cooper, and Reverend Irene Coakley, Justice
Emmanuel Osadebay and Mrs. Osadebay, Justice
Joseph Strachan (Retired), Mrs. Strachan, the Coakley
family and Mr. Maxwell Turner, Also dear to Mama
were the officers and members of Zion Baptist Church,
Zion Baptist Prayer Band, and Zion Baptist Outreach
Ministry, officers and members of Church of God Lily
in the Valley Corner, Lizzy Bastian family, Alice Rolle
and family, Reverend David and Selina Johnson and
family, the Bowe family, Dean Patrick Adderley, the
Hon. Perry G. Christie and Mrs. Bernadette Christie,
Father Michael Gittens, Vicor Christ Church Cathedral,
Apostle Leon Wallace, Gabrielle Knowles and family,
and Zendal Forbes, she loved her Straw Market family |
including, Reverend Irene Rolle, Adebelle Curry,
Esther Thompson, Marva Thompson, Celestine Eneas,
Diana Thompson and family, Hon. Telator Strachan,
Bulah Sutherland, Margarita Small, Rea Rolle, Venus
Ryan, Beverly Smith, Sylvia Wilson, Dona Patton,
Mary Pratt, Brenda Wilson, Hasel Armbrister, Mrs.
Gretal, Mrs. Brizette, Reverend Elizabeth Pinder,
Patience Stubbs, and a host of others, Mama's Burial
Ground Corner neighbors and friends included, Betty
Knowles and family, the Ferguson family, Dudley
Cooper and family, Mr. and Mrs. Dean, the Armbrister
family, Evelyn Johnson, Mrs. Penn and family, Mrs.
Rahming and family, Mrs. Hepburn and family, Ann
Johnson, the Rose family, Mrs. Taylor and family,
Barry Nairn and family, Joseph Johnson, Michael
Rolle, Walter Henderson and Andrew Rolle, and the
Young Street friends; caregivers, Rosemary Mackay,
Great Commission Ministries, Good Samaritan Senior
Citizens Home, Staff on the Female Medical Ward II
at Princess Margaret Hospital.

Friends may pay their last respects at Demeritte's
Funeral Home, Market Street, from 10:00 a.mi.-6:00
p.m. on Saturday and on Sunday from 9:00 a.m. 12:00
noon and at the church from 1:00 p.m. until service .

Rane STN

‘time.



THE TRIBUNE OBITUARIES 4 . THURSDAY, SEPTEMBER 18, 2008, PAGE 21

th the theme
_Werice cxor ‘Che CGloy So Gad

> Transfiguration Maptist Church

flarket & Vesey Streets

celebrates their .

8) Anniversary

Sunday 21st September, 2008
8:00 a.m. Divine Worship Service
Rev. Dr. Stephen E. Thompson
/ 11:00 a.m. Divine Worship Service
Rev. Brazil McDonald 3



5:00 p.m. Aunivetar, Parade
- Route: West on Vesey Street, south on Baillou Hill Road, east on Wulff Road, north on
_ East Street, west on Ross Corner, north on Market Street, ending at the church.

Monday 224 September, 2008
_ Speaker: Rev. Trejean Jadorette
| New Covenant Baptist Church
Nassau, Bahamas

Wednesday 24th September, 2008

Speaker: Pastor Livingston Edwards
Assistant Pastor, Grace Baptist Church
Abaco, Bahamas

{

Friday 26% September, 2008 —
Youth Explosion | |
Sunday 28 September, 2008 ,
Speaker: Rev. Dr. Stephen E. Thompson’
Pastor .

The public is invited to attend any or all of the services.





PG 22 © Thursday, September 18, 2008

RELIGION —-

Leading pastor takes a look at"

THE

lm By JEFFARAH GIBSON

| | OW The
Kingdom Will
Come", written

by Bishop Simeon B Hall,
senior pastor of New
Covenant Baptist Church,
holds the answers fo the
questions about the kingdom
of heaven and how residents
of the kingdom should live. —

“This book carries the entire concept of
what God is seeking to establish,” Bishop
Hall said.

As part of his own desire to grow in the
knowledge and grace of the Lord, Bishop
Hall began a study of the kingdom of
heaven. He quickly discovered however,
that there was little information to be had.
As a result, Bishop Hall began work on
the book, realizing that with the text, he
would also be helping other Christians
gain a better understanding of the subject.

Bishop Hall said that his inspiration also
came from a sermon that he did on the
kingdom at Bahamas. Faith Ministries
International. '

For readers, "How The Kingdom Will
Come" acts as a guide for Christians today,
emphasizing the way they should act, live,
and conduct themselves as_representa-
tives of the kingdom. It also teaches that
wherever a believer may go, the kingdom
of God is given dominion.

Readers will gain insight on how this

new knowledge can be applied to daily liv-
ing, Bishop Hall said. “People will get a
kingdom concept and. whoever reads the
book will be able to make a_ personal
application to their daily lives. They will
internalized some of the kingdom rituals.”

One of the main points that Bishop Hall
captures in the book is the releasing of a
personal kingdom, saying that when it’s
time for the kingdom of God to come,
one's personal kingdom must go.

Along with this most recent. work,
Bishop Hall is also the author of "Sermons
from a Bahamian Pulpit" and "When
Eagles Stir Their Nests".

"When Eagles Stir Their Nests"
instructs believers on God's design for
their independence. “There is a concept in
scripture that says that the only way eagles
teach their eaglets how to fly is by throw-
ing them out of the nest. This is what God
does to his people. God may try to teach
this: to, his: peopled | bringi emies “in










their way. or by giving them a difficult
circumstance,” Bishop Hall said.
"Sermons from a Bahamian
Pulpit", a collection of Bishop Hall's
past sermons, highlights messages

_that cover both local and global mat-

ters from a Christian standpoint and
biblical perspective.

Looking to "take up the pen" at
least one more time, Bishop -Hall
hopes to write his autobiography
before he retires, which he said will
take place in due time. In it, he hopes
to share his past and present experi-
ences, and his life as a minister.

As for his latest work, Bishop Hall
said he hopes'that readers get a clear
and vivid understanding of how
things concerning the kingdom will

INGD M



happen, -and how the people of the
kingdom should live.

“Hopefully, people reading my
book would be able to understand the
life that God wants us to live. I also
hope that people reading will defi-
nitely apply these points to their lives
and live in accordance with it."

° To obtain a copy of "How The
Kingdom Will Come’, contact the New
Covenant Baptist Church -at telephone
393.3946 or 394.9346, fax 394.4677 or
email newcovenantbaptistchurch@coral-
wave.com. Interested persons may also
check out www.ncbbahamas.org or
write to Box N-4394, East-West
Highway, Nassau, Bahamas.



The Tribune





ALLISON
MILLER

In spite of....

THE word of God is spirit, life and
truth for us who believe. It has the abil-
ity to encourage the very soul of a man
and challenge his existence.

Recently, I was delighted to listen to
a two part sermon that explained the
state and mindset of Naaman -. the
story can be found in II Kings 5. The
first part concluded that while having
leprosy Naaman was a very successful

:-man. He did not let his deficit stop

him from his accomplishments.

More of us today need to have that
mindset. That in spite of what may be
going on around me or happening to
me I will overcome and do the things
that God requires of me.

Someone once said, "if life throws
lemons at you use it to make lemon-
ade", which means always moving for-
ward, not letting anything stop you
from doing what you have to do. Or
making due with what you have -
making good as much as you can with
whatever you have.

We must come to the place where,
hell or high water, whatever it takes, it
will get done. It is naive to think that
obstacles won't occur, they. will.
Murphy's Law says, "Anything that
can go wrong will go wrong". I believe
that sometimes God allows things to

go wrong so that we may become

stronger and wiser and that we would
know what to do the next time an
obstacle arises.

The number one goal stopper and
destiny killer for many is attitude. I
remember my high school homeroom
teacher always saying to my class-
mates and I that, "your attitude will
determined you altitude". I under-
stood that to mean that how I see and
feel towards things will decide if it will
happen or not.

For example, if I gota Accopombné
"C" grade on an exam, the next time I
sat an exam I would work even hard-
er, in the hope of improving upon that’
grade. This is an example. of being
determined to do what needs to be
done, but too often we allow the
smallest thing to get in our way and to
stop us from doing what we have to
do;

e It's raining

e The sun to hot

e She doesn't like me

e He said that to me.

Listen people, I have come to the
conclusion that if it ain't God keep it
to yourself. Or, if it isn't something to
encourage you forget it. Times are
serious and short. Tomorrow is prom-

SEE REE inst

‘i (SO hae BaD AM eee a



The Tribune

RELIGION

Thursday, September 18, 2008 ® PG 23



_ Transformational leaders are badly
needed in the Bahamian church arena

PART 1

I have been asked, what do you mean’

when you refer to yourself, at-the end of
your articles, as a Transformational
Leader? I thought to answer that ques-
tion in this three-part series on the sub-
ject of Transformational Leadership.

IN my book entitled, “Why Johnny *

Can't Lead - The Leadership Gap In
Churches”, I defined leadership as fol-
lows: “Leadership is the art of motivat-
ing and inspiring people; it keeps them
moving in the right direction. It
involves coping with and setting the
direction of change, and effectively
responding to basic human needs, val-
ues. and emotions of the members.
Leadership concerns itself with satisfy-
ing people's needs for achievement,
and gives to them a sense of belonging,
self-esteem, recognition and a feeling
of control over their own affairs and
lives”.

Leadership is hard work. Leadership
in the religious environment is “extra
hard labour!” I applaud people with
the courage to lead within the context
that I have described above. However,
the work and leadership most of these
leaders’ perform is the never-ending
(and, for some, their divinely-inspired
and mandated) task of maintaining and
perpetuating the “status quo”, which,
in some cases,.some have helped to
establish with their very-own hands!

What those leaders practice is what I
term, “status-quo leadership”
‘status-quo maintenance men and
women'. The church of Jesus Christ.
does not need any more maintenance
leaders. The church, and the ‘harvest'
of Matthew 9:37 is in dire need of
‘transformational’ leaders - the. kind of
leadership Jesus demonstrated when
He came to earth. He came with a
transformational mind-set and man-
date -to transform the “old” into the
“new” - and He did just that!

The expression, the ‘status quo’ is
described in most dictionaries as, “a
state of affairs or a set of conditions
which exist now, or exist at a particular
period of time”. When I speak of the
status quo here, I am talking about the
existing state of affairs within a church
organisation (both formally and infor-
mally), its structure, polity, practices,
politics and overall culture.

Nickname it “the system” or some-
thing else if you like, but within this
organisation, people are elevated to
positions which give them complete or
partial oversight over the status quo.
Their job is to see that the system con-
tinues to be maintained in its present
form or as it wasgpefog: h@igh-no
one is against a little polishing here and

- they are’



DRALBERT S._

there - a new programme or additions

and inconsequential subtractions from
the programme - which, by the way,
often legitimizes the existence of a new
position holder or appointee in a par-
ticular position.

Overall, though, the status quo must
remain as is - that's why leaders always
talk about bringing in people “with
their heart” or who “feel their passion”,
etc. Such leaders can depend on these
people to keep things just as they are
and accelerate efforts toward sustaining
“more of the same”. .

Then, leaders recruit, and install,

“when and wherever possible, leaders

just like themselves! So a person might
be promoted (elevated or appointed) as
a new precinct or ministry leader or
chief bishop or national overseer or
church bishop over a number of church-
es or the new leader of a sole propri-
etorship-type, that is, 'sole-proprietor-
ship', family-owned and operated-type
church, but there. will be the regular
“business as usual” activities and addi-
tional activities nicknamed “progress”.

Maintaining the status quo as a ‘status
quo leader' is honourable, and lots of
very honourable people are needed to
support this type of leadership gifting.
Organisational structures, once estab-



lished and rooted, (you know they are ~

rooted because you hear about these
large numbers when their anniversaries
are advertised for all to know how deep
their roots are), must be maintained by
‘maintenance leaders' - men and
women which management theorists
and other writers of this subject call,

- “transactional leaders”. There is a place

for everyone's gift in the body of Christ.
We give God thanks for these gifts in
the Body, which are everywhere, in
every church organisation all over the
Bahamas and, I would guess, the world!

Have you ever heard a person from
the religious or secular job arena
remark, 'If you don't want too many
changes, don't place 'person X' in
charge? Have you ever heard of or been
the person warned by a high-ranking
superior officer that, if you continue to
function as you do, (which means ‘rock
the -boat' or upset the ‘status quo' or
stand up for or take a position on mat-
ters and procedures which are supposed
to be handled in a certain standard and

_ bureaucratic or.‘under-cover: way),-that
; you will never get promoted, or the

'

political machinery (or ‘the system’)
will turn against you? I vividly recall
hearing words like these twice: from a
(now-retired), then deputy permanent
secretary and again from a former
chairman of a public corporation, who

"was a member of parliament for an

inner-city area.

Certain persons clashed with 'the sys-
tem' because they had a low tolerance
for it or for the 'same-old, same old’, to
use a little euphemism. That was prob-
ably because there was a transforma-
tional leader living inside of them and
they just couldn't help themselves!

One thing is certain, and that is that
‘working. in the harvest' are droves of
'status-quo leaders’, with quite a num-
ber ‘living high and mighty' personal
lifestyles. They don't want anyone to
‘rock the boat'; they don't want anyone
discussing issues about the religious
community in newspapers or books,
and they don't want newspaper
reporters writing on any subject that
they feel would 'rock the boat' or open
people's eyes...In fact, there are those

Prayer ,
Line

Ministering Wednesdays



who cannot stand anything which
resembles criticism, even if it is quite
constructive. They react, and reported-

-ly, 'erupt' by 'spewing hot lava' during

their sermon deliveries, letting every-
one know exactly what is bugging
them! _

What the church ‘of Jesus Christ
needs is transformational leaders and
transformational leadership!

In part two of this series, I will be dis-
cussing some
Transformational Leadership’, as I see
it! Please keep an eye out for that pres-
entation!

e. Albert S Ferguson, BSc, hons, MBA,
PhD, JP is an entrepreneur, a minister of
religion, a. former senior/executive-level
manager at BEC, a former college professor
of management studies (who has taught in
the USA and in the Bahamas), an author,
transformational leader ané motivational
speaker. Address comments to email:
albertsferguson@gmail.com or-write to PO
Box FE-16333, Nassau.

ee te) a EE.

& Fridays

‘Principles of —



PG 246 Tpuredey, September 18, 2008



~The Good Life!

DESPITE the criticisms and persecutions
that the church has fo endure, Yeshuwa
Messiah - Jesus the Christ - will always see
to it that His men and women of God are
well cared. for.

I am one of the first to agree that there
are some wolves dressed in sheep's cloth-
ing among the household of faith - the
church - but that does not nullify the
power of our God when it comes to lav-
ishing His blessings and favour upon His
servants.

In reading this article if you are among
the. crowd that has a problem with the
men and women of God living in fine
homes, driving and flying around in the
very best that the world has to offer, you
are in for a rude awaking, for you haven't
seen anything yet; the best is yet to come.

During your time of player hating and
criticizing God's servants take a few min-
utes and ask Yahweh, .the God of
Abraham, Isaac and Jacob - all prosper-
ous and wealthy men - to give the revela-

tion as it relates to part b of John 10:10,.

which states, I am come that they might
have life, and that they might have it more
abundantly. -

The life that Yeshuwa i is speaking of in
the Greek is: zoe, dzo-ay'; which means
the God kind of life, where there is noth-
ing missing, nothing lacking and nothing
broken.

Yeshuwa went on to even magnify this
life that He's talking about by stating how
His disciples should have it more abun-
.dantly.

In the Greek this word abundantly is:
perissos, per-is-sos'; which has several
meanings:

1) superabundant in quantity

2) superior in quality

3) exceeding, abundantly, above

4) life with an advantage

Again, I do agree that from before and
even during the time that our Lord and
Saviour walked the earth there were and
to this very day are yet some wolves in

sheep's clothing that have worked their.

way into church leadership. Please,
please; let me stress this again because
there are some wolves among us; that
does not nullify God's power in blessing
and showing uncommon favour to His
servants. At times God's blessings and
favour upon those whom He has chosen
may even be difficult for some Christians
to understand.

I find it rather amazing that the world
has no problem with drug dealers living
in the best homes, driving the best vehi-
cles and wearing the best clothes. The
politicians -- John McCain and some of
our politicians - can have several homes
and that's okay; but God forbid that a
man or woman of God should live in a
house worth about $2 million, everybody
wants to have a "fitz".

Listen to what Yeshuwa says about
those’ who are faithful to His cause and
the BOSD El es







PASTOR
MAT YUEN

ALLEN

say unto you, There’is no man that hath
left house, or brethren, or sisters, or father,
or mother, or wife, or children, or lands,
for my sake, and the gospel's,

But he shall receive an hundredfold now
in this time, houses, and brethren, and sis-
ters, and mothers, and children, and lands,
with persecutions; and in ‘the world to
come gan life.

Here's a fact that most people don't
know; Yeshuwa Messiah, Jesus the Christ,
taught more on the principle of money
and.-being a good steward than He did
about going to heaven.

In referring to the righteous man that
delights in God's word here's what Psalm
112:1-3, says;

1 Praise ye the Lord. Blessed is Hei man

that feareth the Lord, that delighteth great-

ly in his commandments.
:2. His seed shall be mighty upon earth:

the generation of the upright shall be

blessed.

:3. Wealth and riches shall be in his
house: and his. righteousness endureth for
ever.

There was an old stinking way of think-
_ ing that ran through the church years ago
of which the world system is trying to res-
urrect. It goes something like this in refer-

ring to the pastors, “Lord, you keep them

humble and we will keep them poor”.

There are no worldly kings whose chil-
dren are living beneath their privileges; if
there are children of kings who are living
beneath their privilege it would be con-
sidered an indictment against their father
and his kingdom. Here's how Yeshuwa
puts it, from the New Living Translation
of the bible.

Matthew 7;

:9 You parents, if your children ask for a
loaf of bread, do you give them a stone

-instéad?

10 Or if they ask for a fish, do you give
them a snake? Of course not!

11 If you sinful people know how to
give good gifts to your children, how much

. more will your heavenly Father give good

gifts to those who ask him.

Need I say more as it relates to God's
people living the good life?

e Join Pastor Brendalee and myself along
with the family of Kingdom Minded
Fellowship Centre International, every
Sunday morning @ 10:30am and Thursday
nights @ 7:30pm at the Bishop Michael
Eldon High School Auditorium. For ques-
tions, comments or speaking engagements
contact us Via -

_ email ‘pastormall upyana ).Com_ar ph1-



RELIGION



The Tribune



Sunday September 28, 2008 * 8:00pm:
The Por Church Of The Most Hoy Trinity

Trinity Woy, Stapledon Gardens.

Guet Ati

DONATION: $10

For more information and tickets,

please contact The Parish Church Of
The Most Holy Trinity 322-6578





Dr. Sean. Jackson, a native of Barbados,
pursued a Bachelor of Music Degree ot
the Royal College of Music, London, in
1992. He received his Master of Music ond
Doctoral Degrees from Juilliard School of
Music, New York City

Dr Jaco has performed in the Wes
Indies, United Kingdom, Norther Ireland,
Cermany, China, Canada and The Unite

a States,





The Tribune



Keep me s

PSALM 3

Why, O Lord, have those who afflict
me increased in number? Many rise up
against me. Many say to my soul, there is
no salvation for him in his God.

But you, O Lord, are my protector, my
glory and the one who lifts up my head.

I have cried to the Lord with my voice,
and he heard me from his holy mountain.
I have slept and deeply; and I have risen
up because the Lord has protected me.

I will not fear the thousands of people
surrounding me: arise, O Lord, make me
safe, O my God. For you have struck all
those opposing me without cause, and

_ have broken the teeth of sinners.
Salvation is of the Lord, and your bless-
ing is upon your people.

MANY Bahamians are now breath-
‘ing a sigh of relief that Ike has finally

RELIGION

ate

By CLEMENT |



passed by the Bahamas. We are all con-

cerned about the welfare of our broth-
ers and sister in Inagua who were dev-
astated by Hurricane Ike, however as a
people we still have much to be thank-
ful to God for when we look at our
neighbours in Cuba and Haiti.

When I called a friend in Crooked:

Island to inquire about her family, she
replied that they were all well because,
“whom God kept was well kept”.

My sister in Eleuthera, when I tele-
phoned her before the storm, informed
me that they had made all the neces-
sary preparations, but she was confi-
dent that the hurricane would not pass

that island. She was convinced that like
David in Psalm 3, God would not allow
it.to because he would preserve and
save them from any impending perils.
Most of us in this country have a deep

_ and abiding faith that God will keep us

safe while any tempest is passing.

In Psalm 3 we are reminded that no
matter the tempest, God will bring us
through life's downpours and we will
see the light again. We are also com-
forted by the words that we are‘not to
be discouraged by the wind and the
waves, they are not meant to kill us, but
only to lead us to higher ground in the
Master. In the midst of inner pain and
outward humiliation, the Lord can lift
us up from any turmoil. So!regardless
of whatever personal battlés we face

‘God can still help us smile through the

storm.
God ‘and God alone is the only one



CAT ISLAND
STU
GET BACK

2





SUPPLIES

1. Youngsters who
received school supplies
from tne church pose in:
front of the altar.

2. Pictured is a table full
of schuol supplies about
to be blessed by Chester
Burton, priest in charge,
St Savicur, Cat Island.

3. Cat Island students
form a line as they get
ready to pick up their

school supplies. ©



Thursday, September 18, 2008 ® PG 25



who can sustain and maintain us during
our trails and tribulation. Hurricanes
are created when:a cool wind hovers
over warm waters, and just like a natu-
ral disaster, chilly trails can upset our
comfort zone, creating life's greatest
storms. But for us believers, regardless
of the severity of any trail, despite how
heavy. troubles weigh in on life's scale,
one thing is certain: we will survive, and
begin again, after the storm.

I know it is easier said than done,
especially for those residents in Inagua,
but for us from Eleuthera we would
have experienced Hurricanes Andrew
and Floyd and God brought us through
and stuck with us every step of the way.
And He is still with us, so I am confi-
dent the same God will be with anyone
who chooses to put their trust in him, so
again let us begin again after whatever

- storm may come our way.





PG 26 © Thursday, September 18, 2008



RELIGION

The cost of discipleship

If any want to be my followers, let
them deny themselves and take up their
cross and follow me. (Matthew 16:24)

PETER had just made a profound
declaration of Jesus as the Messiah, the
Son of God, but now that Jesus spoke
to them of His-impending Passion,
Peter could not accept a crucified
Saviour. He rejected out of hand Jesus’
prediction of suffering and death. In
this he is the typical Christian caught
between faith and doubt.

He tried to talk Jesus out of it, and in
that he was demonstrating his own vul-
nerability. It was the same Peter who
had the revelation who said, “God for-
bid it, Lord! This must never happen to
you” (Matt 16:22). In response, Jesus
gave him more than a mild rebuke:
“Get behind me, Satan!”

Peter revealed the two sides of his
character: the positive and the nega-
tive; his. great strength and -his human
weakness. And we are just like Peter;
quick to start, but run cold when things
get hot.

I recently came across a story Nelson
Mandela tells in his book, “The Long
Walk to Freedom”, that when he was
struggling to establish himself as a
young lawyer in Johannesburg, he

became friendly with a businessman.

who.saw the world through the prism of
supply and demand.

One day the businessman pointed
out the window and said to Mandela,
“Look out there, Nelson. Do you see
those men and women scurrying up and
down the street? What is it that they
are pursuing? What is it that they are
working for so feverishly? Pll tell you:
all of them, without exception, are after
wealth and money; because wealth and
money equal happiness. That is what
you must struggle for: money and noth-
ing but money. Once you have enough
money, there is nothing else you will
want in life”.

The advice was well-meant. That was
the way the businessman saw life, and
that is the way many see life today!
But, fortunately, Mandela was an intel-
ligent man, and if he had taken the
advice the ‘businessman gave him, no
doubt he would have been a very rich

_Inan and a very successful lawyer.

. Luckily for South Africa, and indeed
the world, he did not follow that path.
Instead of looking out for himself,
Mandela decided to dedicate himself to
the service of his country and the wider
world. And his service made him far
richer than all the money he could have
earned!

This story helps to put into focus the
story into today’s gospel. A short time

- prior to this, Peter had an amazing rev-

elation. He was able to declare that
Jesus was the Messiah, the Son of the

- Living God. Now, according to popular

expectations, the Messiah was to be a
great military leader, another King



FR JAMES —
MOULTRIE




David who would restore Israel to its
former military greatness.

No doubt Peter, being a good Jew,
had this in mind. But this was not the
kind of Messiah Jesus was destined to
be. He was the Suffering Messiah of
Isaiah 53 and the Servant Messiah of
which the gospels write. That is why He
told His disciples that the Messiah
would suffer and be put to death. That

‘is: what God wanted. Not that God

wanted suffering for His Son, but He
wanted to show us the depth of His
love for us in and through the faithful-
ness and love of His Sean, a faithfulness
and love which cost Jesus His life.

The notion of a Seffering Messiah.
was entirely foreign to Peter. So, out of
concern for Jesus, he tried to stop Him
from taking such an ignoble path. But
Peter must also have been thinking of
himself, for being a disciple of a
Suffering Messiah was not a role Peter
would have welcomed. And so he
became a stumbling block to Jesus, and
even though he had a very important
role to play in His plan, Jesus was pre-
pared to lose his friendship rather than
allow him to deter Him from His des-
tiny. Jesus’ rebuke of Peter speaks voi-

umes of the extent He would go to

achieve His Father’s will. Jesus loved

Peter, but He was not prepared to let -

Peter derail the Lord’s plans.

When Nelson Mandela decided to
dedicate his life to the service of his
country he did not know that it would
mean spending 27 years of his life in
prison. But when Jesus set out on the
road to Jerusalem He did know the
consequences of the decision He had
made. This makes His sacrifice at
Calvary all the more important.
However, when the hour came for Him

to drink the cup of suffering and death, '

He did not find it easy. On the contrary,
He underwent a terrible agony in the
Garden of Gethsemane, and asked His
Father to remove the chalice from
Him. Nevertheless He remained faith-
ful. :

Jeremiah and other prophets under-
went similar struggles, as I am sure did
many of the saints whom we revere
today. Jeremiah was so overwhelmed
by the demands of his task that he
wanted. to. pack it all in. Many times
clergy today feel the same way.

. Jeremiah’s cry will find an echo in the -

heart of everyone who serves God in
difficult situations. It is never easy to
bear witness in the face of indifference
and hostility. Only a profound convic-
tion of vocation can hold one to the
task. Bui it is comforting to us to know

that even a Jeremiah could contem-

_ plate opting out.

This is a struggle which we all experi-
ence in some shape or form. There are
things which we do not like doing, bui
we know that we have to do them any-
way if we want to be faithful to our
responsibilities and obligations.
Sacrifice is not an easy road. But it is in
this way that our best selves take shape.
This is: how one becomes a person of
character and integrity. And paradoxi-
cally this is also the road to true happi-
ness.

Our happiness does not lie in doing

our own thing or amassing great-

wealth, but in doing what we have to do
for Jesus. The only thing that- makes
sacrifice easy is love. Any parent or
pastor knows that! Love enables us to
turn the cross from a stumbling block
into stepping stones.

What Jesus did at Calvary was an
expression of His love for us and for
His Father. The road to Jerusalem
brought Jesus to Calvary. But it did not
end there. It led to Easter. Jesus sup-

. ports all those

who follow Him down the road of
sacrifice, and He shares His Easter vic-
tory with them.

In the Gospel today Jesus asks for
commitment from His followers, “If
any want to be my followers, let then:

deny themselves and take up their cross.

and follow me”. Saint Luke adds the
words “daily”. In other words, we have
to take up our crosses daily and follow
Christ. But to show how serious this is
Jesus further states, For those who want
to save their life will lose it, and those
who will lose their life for. my sake will
find it. For what will it profit them if
they gain the whole world but forfeit

‘their life? Or what will they give in

return for their life?

Most of us remember this quote from
our Sunday School classes, but we did
not know then what it entailed. It
entails commitment, and it is required
of all Christians.

Being a disciple of Jesus is serious
business. Yet this does not mean that
Christians must seek suffering to con-
vince others of the seriousness of their
discipleship. Jesus did not seek suffer-
ing; in fact even He tried to avoid it as
His cry in the Garden of Gethsemane
makes clear. But suffering will
inevitably be part of the Christian life.
For the Christian, suffering is not a pos-
sibility; it is a certainty. The trouble is
that religion has become just “reli-
gion”, so respectable that its accept-
ance involves neither risk nor strain.
But. religion should challenge and
stretch one to one’s limit and beyond,
so that thereafter one has new stan-
dards by which to judge oneself.

There is a religion of devotion, and a
religion of commitment. A religion of
devotion is a religion of comfort, and is
often centered on oneself rather than

The Tribune



on others. A religion of commitment is
a religion of challenge, of~risk, of
unselfishness. Which one do you fol-
low?

But we wiil not mature overnight
into brave disciples of Christ who are
prepared to give their lives for Hin. We
have to grow to that extent in our
Christian walk. At first, we make small
steps; then we grow “into the full
stature of Christ”, as St Paul describes
it, ;

In practice, following Christ means
faithfulness to Christ’s way of life: con- -
cern for others, caring for others, giving
a kind word to others, assisting the
needy and protecting the vulnerable,
feeding the hungry and housing the
homeless, etc. All of these smail steps
add up. And God-is aware of all we do
and think as Christians.

Jesus talked about losing life, but He
also talked about gaining life. He -
talked about life eternal for those who
prove faithful as His disciples in a
world that needs care, love, concern
and Christian witness.

Are you prepared to lose your life to
gain eternal life? Jesus suffered cruci-
fixion for us. He does not ask us to die
for Him or for others, but He does
want us to take care of His little ones:
the children, the elderly, the sick and
confined, the homeless, the hungry, and
those who need us most. He does want
us to spread love in a world dominated
by hatred.

The true measure of discipleship is
the extent to which we are prepared to
go to do what Jesus would do. In every
situation we should ask WWJD: what
would Jesus do? And then we do it!

co

Our happiness does
nat lie in doing our own
thing or amassing great
wealth, but in doing
what we have to do

for Jesus. The only thing

that makes sacrifice

easy is love. e%



The Tribune

neon

Thursday, September 18, 2008 ® PG 27



The concept of grace

IN episode #87 of Seinfeld titled "The.

Chaperone", Elaine Benis attends an
interview with Doubleday Publishing,
who are looking for someone to replace
their previous editor Jackie Onassis - a
lady everyone loved because she had
such grace. Mrs Landis, the interviewer,
tells Elaine, “riot many people have
grace”.

Elaine: Well, you know, grace is a °

* tough one. I like to think I have a little
grace...not as much as Jackie Onassis.

Landis: You can't have "a little
grace". You either have grace, or
you...don't.

Elaine: OK, fine, I have...no grace.

Landis: And you can't acquire grace.

Elaine: Well, I have no intention of

"getting" grace.

Landis: Grace isn't something you
can pick up at the market.

Elaine (fed up): Alright, alright, look
- I don't have grace, I don't want
grace... don't even say grace, OK?

Elaine ties on her headscarf and puts
on her sunglasses. The owner, Mr Pitt,
enters and immediately sees Elaine

bears a close resemblance to Jackie
Onassis and invites her out for a cof-
fee.

_ “The resemblance is uncanny - even
the brown eyes.”



At the coffee shop, Mr Pitt says:




JIM
LAWLOR.

Elaine: Well, a lot of people have
brown eyes.
- Pitt: No, there's something else - an
indefinable quality.

Elaine: Grace?

Pitt: Grace, yes.

Elaine: You think I have grace?

Pitt: Some grace, yes.

Elaine: Just some?

Pitt: Well, you don't want too much
grace or you won't be able to stand.

Clearly, thieve is a disagreement
about defining the concept of grace,
the amount a person possesses and like
beauty it is in the eyes of the beholder.
It has been said that: “Grace is a truth,
which is like a sea where. we cannot
reach the bottom. The more we under-
stand grace, the more we stand hum-
bled in its shadows convinced we will
never well understand it.”

Literacy is a modern phenomenon
brought on by compulsory education
in a society, which values both an eco-
nomic workforce and an enlightened
community. Ancient man relied on art

"and poetry as a means of symbolizing
man's knowledge of the world and how
he should act in it. The growth of our

ideas about grace has:to be traced.

through the process from which devel-

oped in Ancient Greece down to mod-—

;

ern times.

Greek learning was fueled by stories
and art about the Olympic pantheon of
gods. An example of their reliance on
the poet's word and the artist's images
can be understood by examining the
concept of grace.

In Greek Mythology, "the Charites"
(Graces) were worshiped as goddesses
protecting and promoting all kinds of
joy and happiness, their names being
Aglaia, meaning "splendour and beau-
ty", Efrosyni, meaning "merriment
and pleasant state.of mind" and Thalia,
meaning "blooming life".

In later Greek thought charis also

- had the sense of force or supernatural

power. Leaders with charisma could
lead the people. The writers of the
New Testament chose this meaning of

grace as the power of God to enable.

Christians to live a new life in Christ.
Grace is thought of as a gift from God.
So each of us has at least the capacity
of grace but it is a talent that we must
develop.

Do we have no grace, as little. grace
as Elaine Benis or as much grace as
Jackie Onassis? We may be literate but
we seem not to be enlightened. We

Se SA

Let the church be the church >

FOR while one saith, | am of Paul; and
another, | am of Apollos; are ye nof car-
nal? Who then is Paul, and who is
Apollos, but ministers by, whom ye
believed, even as the Lord gave to every
man? | have planted, Apollos watered;

but God gave the increase.
1 Corinthians 3:4-6

IT was obvious that like so many
ministers in our-churches today, Paul
and Apollos. held the same creed;
between them there was not the slight-

est difference as far as doctrine was:

concerned. What was different was
their method of deliverance. From
Scripture we know that Apollos was a
more eloquent speaker than Paul, but
when the people began to prefer the
one to the other, it was proof of their
carnality. As the people of God we
must be careful not to be carried away
by the personalities of preachers or by
reasons of our association or family
ties.

God's work involves many different
individuals with a variety of gifts and
abilities. There are no superstars in this





work, only team members performing

- their own special roles. We can become

useful members of God's team by set-

ting aside our desire to receive glory’

for what we do.

We should not seek the praise that
comes from people, but rather seek
approval from God. There‘should not
be any competition in the church
because it is not about us it is all about
God. If we begin to compare our selves
with one another we will soon discover
that there will always be someone who
appears to be better than we are and
others who might appear~-to be less
than we are. However, we need to stop
and think because we all-have a work
to do in, the yineyard. of the Lord,

Just as the body is made up of ‘varied

parts or members so is the church and
no matter how insignificant.the role of

that member may appear to be, each’

role is important. When, each minister

- would have done their part, it is God

who keeps on blessing. In fact the min-
ister or preacher cannot succeed with-
out God. Our leaders should certainly
be respected, but we should never
place them on pedestals that create
barriers between people or set them up
as a substitute for Christ.

As members of the body of Christ

-we all have a work to do and if each-

member does his part there will be no
friction or faction in the body.

Not only do we compare or size up
ministers/preachers against each other,
we have also begun to compare
churches against each other. If God has

called these individuals to the position -

«where they aré then we have to trust
what they are doing. Why do you think
that God has to give every leader the
same vision or assignment?

A Pastor's vision may depend on the
locality of his church, the need of the
people at that particular time or God's

‘plan .for the future of. ‘the church,
Please do not misundérstan what lam

saying. The basis of all that is done

seem not to understand the concept of
grace. It is more than a set of defini-
tions in the dictionary. Grace isn't only
a little chant before pece DIDS a meal -
it is a way of life.

By our actions we will be judged as
either having grace or not having
grace. We need a return to the simple
virtues of friendship to restore life to
humane dimensions and values, giving
attention to the desires and interests of
others. Grace will be recognized. in
noble thought, kindly speech, positive
body language and generous acts.

Grace is like the mustard plant that
grows from a small seed and must be
nurtured: to grow. We have to start

small and be patient. A good place to -

start would be in the home, at work.
and on our roads at traffic lights and
intersections.

e Jim Lawlor first came to the Bahamas’

from England 40 years ago and has
taught many subjects including Religion
and Philosophy. Now retired, he spends
his time between substitute teaching and -

’ researching and writing Bahamian History.

He is first vice president of the Bahamas

’ Historical Society and recently co-

authored “The Harbour Island Story” with
his wife Anne. Look out for his article “A
Memorial to Shadrach Kerr: Priest and

‘ Missionary” in the upcoming Bahamas

Historical Society Journal. .



should be for the salvation of souls, but
_the methods may vary.

_If.a church on South Street has a suc-
cessful feeding programme going on, it
does not mean that the church on
North Street needs a feeding pro-
gramme also. The church on the North
may need a building programme to
create room for more ministry. Who
are we to say that because the church
on East Street has a good multi-cultur-
al programme going, therefore the
church on West Street needs a multi-
cultural programme as well? Or to con-

- clude that one church is greater or bet-

ter than the other based on its pro-
grammes.

We need to look.at what each church
is doing and what God has called each
leader to do at this particular hour, or
in other words we must remember that
each leader, like the prophets of old,
has specific assignments.

e Among his assignments Elijah's
assignment was one of miracles.

e Elisha followed in Elijah's foot-
steps.

° Nehemiah's focus was on the
rebuilding of the walls of Jerusalem.

° Hosea focused on reconciliation.

e Zechariah focused on God’:
demand,for justice in society.

SEE page 28



- Singletons - Dynamic

agents of change —

THE 21st Century demands individ-

uals who are visionary, innovative and -

influential; those who can make a pos-

" itive impact in every sphere. The same

can be said of the Kingdom of God as
it seeks to influence the earth with its
culture by empowering its citizens to
be dynamic agents of change, to make
a significant difference wherever they
are assigned on earth.

The "singleton" or single person is
very much a part of this citizenry and
as a result, Bahamas Faith Ministries

PEOPLE Ministry, (a ministry forisin- |

gles and young adults), is set to host its
3rd Annual Singles' Conference,
scheduled for September 18 - 21, at

7:30 pm nightly.
The theme for this year is
“Single-A ffluent- Influencer: A

Dynamic Agent of Change”, and the
- scriptural focus is Matthew 13:33.
With an important role to play in
the development and growth of the
Kingdom of God, singletons represent
an ever increasing segment of our soci-
ety and are also a significant grouping

Cardinals and bishop pray as Pope Benedict XVI, unseen, celebrates a special Mass for the sick in front

in the Church :

“Single”, for this purpose, is defined
as unmarried adults, 18 years of age or
older, who are single by chance,
change, or choice (whether theirs or
someone else's). They fall into one of
the following categories:

e Never married

e Formerly married (divorced)

¢ Widowed

e Separated (the separated person is .
legally married but living a single lifestyle)

The -challenges faced by singletons
are very unique and include: identity
as a single adult, dating, sexuality,
finances, career direction, relating to
parents, forgiveness (self and former
spouse), grief recovery, loneliness, sin-
gle parenting, marriage preparation,
divorce recovery, and dealing with
change. you

Speakers for the conference include
host pastor Dr Myles Munroe, Pastor
Mark Graham,
California and Dr Wayne Thompson.

from Ontario, .

RELIGION

Conference organisers are especially

delighted to have Minister Vicki Yohe |

as their guest artist. She is an anoint-
ed psalmist and worship leader, and a
gifted writer with such beautiful songs
as “In the presence of Jehovah”, “(I'm

running to the) Mercy Seat”, 4
“Deliverance is available to you” and

“Because of who you are (I give you
glory)”.

This year the conference will
include day sessions and workshops
on Friday and Saturday, with a special
workshop entitled, “How to Establish,
Develop & Grow Your Single Adult
Ministry”, for those who are interest-

ed in such a ministry at their church.

There will be a boat cruise on the
evening of Saturday, September 20
and the event will climax with the
presentation of special awards at the
closing session on Sunday, September,
21. All evening sessions are free.

The public is invited to come out
and be inspired, motivated, uplifted
and empowered to make a difference
and change their world.



paca a aT 5 Iallemestg at a

of the Basilica of the Rosary, in Lourdes, France, Monday, Sept. 15 2008, as he closed a visit to the

_glourdes shrine reputed for its healing powers: His four-day trip to: Pani
France since his election .as pontiff in 2005.



kourdes was his first to





Francois Mori/AP Photo

The Tribune

Let the church

FROM page 27
e Joel emphasized repentance.
e And John the Baptist was a fore-

runner, preparing the way for another.

There are some Christian folks who

: can only 'shout' and 'speak in tongues'

when Paul is preaching: They would be
the leader of the 'Amen corner', shout-
ing the loudest. What is so amazing is
that these same individuals would sit
under powerful, anointed messages
being delivered by Apollos.and remain
emotionless .with their arms folded,
and some even find it convenient to
read the bulletin message, or the bible
reading they did not have time to read
during the past week: some actually
take a nap. My brothers and sisters,
God is no respecter of persons and the
Holy Ghost is not nepotistic. ©

In 1 Corinthians 12, Paul compares
the body of Christ to that of the human
body. Just as the human body is made
up of many members so is the Church
and each member has an important
role to play. The ear cannot take the
place of the eye, neither can the nose
take the place of the mouth and nei-.
ther is more or less important than the
other.

There are diversities of gifts, but the
same Spirit...For to one is given by the
same Spirit the word of wisdom, to
another the word of knowledge by the
same spirit. To another the working of °
miracles, to another prophecy, to anoth-
er discerning of spirits, to another
divers kinds of tongues, to another
interpretation of tongues. 1 Corinthians
12:4, 8.

In God's Kingdom, there are no lit-
tle u's (you) and big I's. We are all
important in this kingdom ministry. -
Many individuals display the attitude
that they do not need anyone else. In

‘God's business however, 'no man is an

island' - you need me and IJ need you,

: we are alla part of God's body.

e Check out next week's Tribune
Religion for part two of "Let the
Church be the Church".



In spite of....
FROM page 22

ised to none of us. The reality is
before each of us leaves this earth we
need to ensure that we have done all
that God had set out for us to do.

We have to be convinced that in
spite of what gets or tries to get in our
way, we will do whatever it takes to
get our goals, dreams and destiny
completed.



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HAVE A
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USA TODAY



BAHAMAS EDITION

THURSDAY, SEPTEMBER 18, 2008

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BEC to reconnect
cut-off consumers

PM moves. over

those disconnected

who could not pay
high bills in full

m@ By PAULG TURNQUEST
Tribune Staff Reporter
~-pturnquest@tribunemedia.net

PRIME Minister Hubert
. Ingraham yesterday instruct-
ed Bahamas Electricity Cor-
poration to reconnect all resi-
dential consumers whose pow-
er was disconnected because
they could not pay their high
electricity bills in full.

Informing the House of
Assembly that the vast major-
ity of some 5,000 Bahamians
have had their supply discon-
nected even though their out-
standing bills were less than |
$1,000, Prime Minister Ingra-
ham said that this practice was
“not 2cceptable.”

“Such a state of affairs
demands a response from a
caring government; a response
that will bring relief to more
than 5,000 families and help
them through a difficult eco-
nomic situation; a response
that will allow more time for

_ the implementation of medi-
um and long-term strategies
that are being devised to
improve energy conservation
and eventually to bring about
sustained reductions in the cost
of electricity,” he said.

In addition to reconnections,



BEC was instructed to allow
residential consumers to enter
into agreements with the com-
pany to pay 25 per.cent of their
outstanding bill by October 10
— and the remainder over a
two-year period.

As it relates to subsequent
electricity bills, the prime min-
ister said that residential con-
sumers will be required to keep
all future payments current.

Non contributory old age
pensioners who are unable to

pay their electricity arrears
‘under the terms outlined can

go to the Department of Social
Services to be assessed for any

appropriate financial assistance

that can be given them.
Additionally, unemployed
heads of households with chil-
dren are permitted to report
to the Department of Social
Services so that their circum-
stances can be investigated and
a decision made as to what
assistance may be given to
them, Mr Ingraham said.
Government will also direct
BEC to limit until December
31, 2008 the surcharge on elec-
tricity billings to a maximum
of 15 cents per kilowatt hour
on billings that utilise 800 kilo-

SEE page nine







uy US) es

aff eens a8

S 4
yf all CHic oris a

( x
Coun Wy avd
of i \e bs.

youd wie’ ve

| as

ONE OF 13 former hotel workers of the Wyndham Nassau
Hotel holds a placard during a protest in Rawson Square yes-
terday. The protesters were seeking to raise awareness about
their termination and what they say was “misrepresentation”

by their union.
e SEE PAGE THREE FOR FULL STORY

Rudy King is
charged with three
counts of deceit of

a public officer

’ BUSINESSMAN Rudy King
appeared in a Magistrate’s court
yesterday, charged with three
counts of deceit of a public offi-
cer.

According to court dockets, it
is alleged that on March 27 at
the Cable Beach Police Station,
King, 39, of West Bay Street,
tried to deceive police Corporal
803 Braynen with intent to
evade the requirements of the
law.

It is also alleged that on

SEE page nine

Mario Miller’s
bloodstained
shirts placed in
evidence at trial

@ By NATARIO
McKENZIE

TWO torn, blood stained

shirts that belonged to
murder victim Mario Miller
were among. several
exhibits placed in evidence
yesterday as a police foren-
sic biologist testified at the
murder trial.

The prosecution called
Detective Inspector Rachel
Deleveaux, a forensic biol-

SEE page eight

- will leave for the

Tim Clarke/Tribune staff

PM heads to

US for tall



on future of



@ By KARIN
HERIG
Tribune Staff
Reporter
kherig@
tribunemedia.net

PRIME Minister
Hubert Ingraham
announced that he

United States today
to meet with repre-
sentatives of Morton
International’s' home office to
discuss the company’s ‘future
plans regarding its Inagua plant.
This comes after concerns
were raised that the island’s
main employer, Morton Salt,
which suffered heavy damage
during Hurricane Ike, may close
its operations in Inagua, leav-
ing the small community eco-
nomically devastated.
Speaking with The Tribune
from Philadelphia yesterday,
George
spokesman for Morton’s parent
company Rohm and Haas, said
that, although he has not yet

been briefed about a visit from —

the prime minister, it will be
“most welcome.”

“We are still in the process
of assessing the full extent of
the (damage) and will then

INSIDE










DISABLED FATHER OF FOUR STILL
WAITING FOR COURT SETTLEMENT
PAYMENT AFTER ACCIDENT



Fast Street (Gout of Andes ni,
email: janaees @coralwave.com
wwwijanaeesbridal.com





Bochanski, a~

BIMINI RESIDENTS PROTEST
AT BEC OFFICE OVER FUEL
SURCHARGE FEES.

PM COMMENDS THOSE ENGAGED
IN HURRICANE RELIEF

oe



ng
‘would be very 1
ful. ;
“Any advice, any
information, any
counsel he or one\of
his departments can
.give us would be
great. We do this at
all.our other sites,
we find that when
we work hand-in-
hand with people, things work
out much better,” he said.
Mr Bochanski added that the

- company’s CEO is currently on

his way back to the Bahamas
to meet with officials in Inagua.
- Concerns about Inagua’s
future were heightened last
week after Mr Bochanski said
that while it is Morton Interna-
tional’s present intention to
restore its Inagua salt plant to
fully operational status, it “can-
not say with one hundred per
cent certainty” that it will keep
operating there if in the com-
ing weeks it “finds out that it’s
not practical.”

Prime Minister Ingraham said
yesterday in the House of

Assembly that he is scheduled

SEE page nine

e PAGE THREE

e PAGE FIVE

° PAGE SEVEN


PAGE 2, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



AN American couple who live
in the Bahamas say they are
embarrassed and angry at the US
government after their efforts to
send hurricane relief aid to Cuba
were frustrated.

Bill.Herrington and Leslie
Fouse, the sole inhabitants of
Manjack Cay in the Abacos, said
they want to apologise to the

. Mr Herrington said. “Now we are

LOCAL NEWS

against the power of nature and
we have much compassion for
anyone who goes through that,”

experiencing the helpless feeling
of knowing that our country is
wrong and we can do even less
about that.”

He explained that after Hurri-
cane Ike hit Cuba, he learned that

AMERICAN COUPLE FURIOUS OVER CURBS ON HURRICANE RELIEF TO CARIBBEAN ISLAND

‘US stopped us helping Cuba’s Ike victims’

major, back-to-back, hurricanes.
That was several thousand ver-
sus four. All Cuba needs and
wants from the US is an end to
this near half century of inhu-
mane economic warfare they call
an ‘embargo’.”
Mr Herrington called for the
US government to allow Ameri-
_ can companies to conduct nor-

a bank account had been opened
in Nassau to accept donations for
hurricane relief.

Mr Herrington said he con-
tacted his bank in Florida, but

_ was told that it was illegal for an
American citizen to send money
to Cuba for any reason.

This, he said, added “to a very
long list of disappointments I
have with my country” regarding
its treatment of its Caribbean
neighbour. “All we wanted to do
was send some money to help the
Cuban people who were devas-
tated by the hurricanes,” he said.
“We are US citizens and our
country would not allow that. We
do have the internet though and
I'm able to discern the true story

Cuban people for their govern-
ment’s behaviour.

“We experienced a Category 5
hurricane — Floyd — on this island
so we know the helpless feeling







b> BA CASITA



The Art of Island Living


















of the US.”
In the last month, Cuba has
been ravaged’ by two major hur-

week apart.

Hurricane Gustav, with 240
kmph winds, brought heavy rains,
knocked out power lines and

. completely destroyed hundreds
of buildings.
Then came Hurricane Ike,

about Cuba from sources outside

‘ricanes, which arrived only a.



A CAR SITS ini rubble after Hailes Ike hit the area in Holguin,
Cuba, on Monday, September 8.

which wiped out more than 4,000
tons of food in storage and

- 135,000 tons of fruit. The Cuban

government said the two storms

' did $5 billion worth of damage

and destroyed hundreds of thou-
sands of homes. The Cubans have
asked Washington to ease the
embargo to allow American com-
panies to sell food and other sup-
plies to them.

Mr Herrington «said that

“although the US has offered aid

to Cuba in the wake of the
storms, the offer is political rather
than humanitarian in nature.
_“T've read the details of their
so-called offer of assistance and

the world should know that it is
anything but a genuine offer of
help to those in need.

* “The US didn't offer funds —

they offered to allow private

funds to be sent, but only if
accompanied by their team of dis-
aster assessment specialists. I
believe what President Castro
said in his statement of refusal to
the offer. Cuba has no shortage of

well trained experts in the field of -

disaster preparedness and-assess-
ment.

“That should be obvious if one
compares the loss of human life
that the US experienced in Kat-

_ Tina with Cuba's loss in two

mal business with Cuba, including
selling food and medical supplies,
without political interference.

“Let good caring American cit- |
izens who want to help a neigh-
bour send money and goods with-
out restrictions. In fact why
shouldn't caring ‘free’ Americans
be allowed to get on a plane and
fly to Cuba to offer physical help?

“Why doesn't ‘Democratic’
America abide by a UN vote of
183 to three to end the ‘embar-
go’? And that vote has been more
or less the same every year for
16 years,” he added.

“Does anyone outside of
Washington/Miami really believe
that Cuba is a threat to America
or the Caribbean region? Or that
Communism is the excuse? After
all, American homes are full of

‘things produced in a Communist

China and sold through Wal-
Mart. And Americans can fly
direct to Communist Vietnam
and eat at Burger King.”

. Mr Herrington went on to ask
if what Washington terms Cuban
“political prisoners” are any dif-
ferent from American detainees
at Guantanamo Bay.


























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B By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemédia.net

THE creation of a Competition Commission
would benefit the local business sector by
breaking up the cartels and monopolies con-
trolling a number of areas and further mod-
ernise the economy, members of the business
community said yesterday.

The commission is a requirement of the
Bahamas signing onto the Economic Partner-
ship Agreement (EPA) with the European
Union (EU) and has to come on stream by
2013. Members of the Chamber of Commerce
agree the establishment of such a body is inte-

‘gral to the Bahamas! economic advancement

with or without the EPA.

"Anything that allows the Bahamian econ-
omy to become a little bit more transparent, I
think is good in the long-term," Chamber of
Commerce president Dionisio D'Auguilar told
The Tribune. "There are complaints that cer-

















productivity, ard |





employers, €6- |
Cin









AAA SERRA aN sian maine








Competition Commission ‘would orn business sector’

tain sectors of our economy are controlled by
monopolies — take alcohol, gasoline, banks —
they're controlled by cartels or-very few com-
panies control these sectors of the economy; so
I think that it's good.

He said some are fearful the agreement
would allow foreigners to "take over" certain

economic sectors but he is hopeful there will '

be safeguards in place to protect Bahamian
companies. "There are sectors of our economy

that are controlled by foreign companies now °

and we need competition in these areas, but I
would say Bahamian competition. You don't
want our economy to be butchered and dey-
astated by the inflow of foreign companies
that just marginalise Bahamian companies and
put them out of business. .. But you do want to
create competition.

Trade economist and consultant Chamber of
Commerce Frank Ferguson said competition
policy will prevent monopolies from. taking
advantage of some of the smaller businesses. In
order to fully mordernise our economy, Mr

Rumour.

Upon my tongues.
continual slanders ride...
Stuffing the ears of men

~ with false reports. -
~ William Shakespeare, dele IV

Colinalmperial separates
fact from fiction:

truth.colinaimperial.com

ColinaImperial.

www.colinaimperial.com



Ferguson said a standards bureau (another
requirement of EPA) and greater transparency
in government are needed.

A standards bureau would regulate the qual-
ity of goods imported into the country.

"A competition committee is the equiva-
lent of anti-trust legislation that you have in
the United States. Any country that is seri-
ously thinking about facilitating business for
both its citizens and for persons entering the
country would consider some rules governing
monopolies and other large bodies that may
want to take advantage of its market size.

"So it is a good thing, but the chamber's
position is that with or without (the EPA) the

idea of establishing a competition policy is

good for the Bahamas," he said.

The committee will be an independent body
set up as a recourse for Europeans doing busi-
ness locally to air any complaints about unfair
business practices. It would also quash agree-
ments that narrow trade of goods to monopo-
lies or a cartel (a small group).











THE TRIBUNE

THURSDAY, SEPTEMBER 13, 2008, PAGE 3



BEC official:

oil market to
blame for high
fuel surcharges

Wl By CHESTER
ROBARDS

Tribune Staff Reporter

THE global oil market is
to blame for the notoriously
high fuel surcharges over
the past month, a senior
BEC official said.

Speaking before Prime
Minister Ingraham capped
surcharge prices at 15 cents
per kilowatt-hour (KWH)
yesterday (see lead story,
page one), the Bahamas
Electricity Corporation’s
general manager Kevin Bas-
den said that because oil
prices on the global market
iluctuate — sometimes to
alarming highs — so have
BEC’s surcharges.

“If the price of oil goes up
when we would have
bought it, then the fuel sur-
charge goes up; when the
price goes down based on
our purchases then the fuel
surcharge goes down,” said
Mr Basden. “So when you
see the price of oil go down
today, it does not mean that
the oil we have in our tanks
now would be at that price
because we’ve already pur-
chased it at the higher
price.”

This explanation followed
widespread outrage over
high electricity bills. Some
residents decided to post an
online petition, hoping
thousands of signatures
would convince BEC to
reduce its surcharge.

Until Mr Ingraham’s
announcement yesterday,
BEC’s surcharge stood at
23.3 cents per KWH. In
March it was 16.49 cents.

According to Mr Basden,
the corporation purchases
its fuel from a company that
wins a Bahamas govern-
ment bid posted locally and
internationally about every
three years.

That company then pro-
vides all of the oil during
that contractual period.
BEC’s current supplier is
Shell and Sun Oil.

“We try to gel the best
price for oil for the corpora-
tion and for the customers
$0 we do competitive bid-
ding international and local-
ly,” said Mr Basden. “We
go with the best rate for our
customer.” .

Mr Basden said BEC pur-
chases hundreds of thou-
sands of gallons about every
4-8 weeks — sometimes.even
more frequently. And in the
current global market, oil
prices can increase even -
quicker.

“If we were to purchase
oil today the price would be
based on the international
market,” he said. “When
the oil is loaded on the ship |
market price 1s paid for the
oil.”

Subsequently, shipping
and piping charges are
incurred.

Natural disasters such as
hurricanes and carihquakes
can cause off orices to
increase quickly, and the
ability of OPEC to foresee
impending regional instabil-
ity has been known to cause
price spikes.

War and instability, par-
ticularly in or around large
oil producing countries, can
also have a significant
effect.

Countries such as the US
keep their fuel surcharges
low by offering alternative
methods for power includ-
ing natural gas, coal and
nuclear power

According to Florida
Power and Light's website,
only eight percent of it’s
power is produced using oil,
also greatly reducing its car-
bon footprint and impact on
the environment.

BEC is exploring alterna-
tive, renewable sources of
energy that should lower
consumer spending, State
Minister for Public Utilities
Phenton Neymour said.

Mr Basdei added: “We
sympathise with what's
going on with all of our cus-
tomers because we are cus-
tomers too, we are also
impacted by the high price
of oil, but we do whatever
we can do to minimise the -
cost to customers — we
make no profit off of high
oil prices.”

FOR 3. IN 1 LAWN SERVICE

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Bimini residents protest at BEC
office over fuel surcharge fees

@ By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net

SCORES of Bimini residents
"hit hard" by electricity bills
protested outside a BEC office
yesterday morning against “exor-
bitant” fuel surcharge fees.

According to witnesses on the
small island, nearly 100 persons
flocked to an empty lot outside
the government building around
11am waving placards to protest

costly fuel surcharges, which some

claim are crippling businesses on
the island. Bimini police were on
hand at the protest which, from
all accounts, remained "peace-
ful".

Owner of the Bimini Breeze

| ye ALLEL

hotel workers
stage protest in
Rawson Square

THIRTEEN former
hotel workers of the Wyn-
dham Nassau Hotel
protested in Rawson
Square yesterday seeking
to raise awareness about
their termination and what
they say was “misrepresen-
tation” by their union.

Leading the protest, was
Thomas Bastian, who said
that the fired workers are
owed’some $40,000 for
their services at Wyndham
over the years.

He said that they will
continue to take a stand
until the issue is resolved.

“We will pursue this to
the end!” Mr Bastian said.

Last month, 43 workers
from various departments
of the Cable Beach hotel
were let go. Some of them
had employed for more
than 25 years.

These persons received a
Jump sum of more than
$5,000 in redundancy pay-
ments.

Their attorney Obie Fer-
guson has filed writs in the
Supreme Court on behalf.
of 17 former workers who
are seeking money they
feel is owed them by the
-company.

In an earlier statement,
‘Baha Mar executive |
Robert Sands expressed

regret that the hotel had to
go through a process of

“employee separation”,
but said that because of the
economic climate, the com-
pany had to take some
actions that would put the
business on a “financial
footing that will work to
help us remain a viable
financial operation in the
future”,

Some of the protesters
said that if Baha Mar is in
a position to hire more
workers in the future, the
company should consider
them before any new appli-
cants.

Restaurant William 'Yama
Bahama’ Butler, who was at the
protest, told The Tribune the gov-
ernment should shoulder the
hefty surcharge and ease the bur-
den on consumers.

"Everyone who was there, they
speak their mind and they're say-
ing it's almost impossible for the
light bill to jump from one price
to the next. Like my light bill
jumped from $500 to $1,100 and
then they have some home own-
ers who had $1,100 bills. We want
BEC to send someone from Nas-
sau to come down and see what
what's going on.

"Tue surcharge is almost more
than the units (of electricity) we
use. We want to find out why
the light bill have to be so






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high," he said.

Residents are also fuming over
the fact that they must pay their
electricity bills in one lump sum
or face disconnection. Partial bill
payments have not been accept-
ed, they said.

"T got $1,100 to pay and I have
to pay that by Friday. Everybody
in Bimini have to pay their bill in
full or else they ga' cut your line,"
Mr Butler said.

Yesterday, Prime Minister

Hubert Ingraham announced that
BEC’s policy is going to change
however, and that the fuel sur-
charge would be capped Gee lead
story, page 1).

Trevor Robert's, 44, owns a
grocery store, laundromat and a
dry cleaning business on the





Tim Clarke/Tribune staff

















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In the wintertime we paid like
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last year this time we use to pay
like $4,000 and change and now it
up to $10,000.”

He is afraid if the surcharge
keeps climbing, he may not be
able to keep the doors of his busi-
nesses open. "You know what it is
to come up with 20-something-
thousand in two months just to
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island. The inarried father-of-five
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RAGE 4, THURSDAY, SEPTEMBER 18, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



The Tribune Limited



NULLIUS ADDICTUS JURARE JN VERBA MAGISTRI





Being Bound to.Swear to The Dogmas of No Master
LEON E. H. DUPUCH, Publisher/Editor 1903-1914

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

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

EILEEN DUPUCH CARRON, ©.M.G., M.S., B.A., LL.B.

Published Daily Monday to Saturday

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

TELEPHONES

‘Publisher/Editor 1972- -

"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

FOR THE past several days we have been
writing about Inagua, but in one of our articles
we erroneously wrote that the Erickson family
of Massachusetts were the ones who started
the salt industry on that island. It was an obvi-
ous error, and we should have known better.

However, we are grateful to Sir Arthur
Foulkes, a native of Inagua, who took the time
to draw the error to our attention and spend a
little time reminiscing with us. .

“The salt industry in Inagua,” says Sir
Arthur, “goes back to the mid-19th century.
By 1848 Inagua:had become the biggest salt

producer after the decline of the industry in -

Turks and Caicos. That and the stevedoring
business brought great wealth to the island.
“By the 1930s the industry had collapsed
.because of American taxes. Inagua was in bad
shape. One woman and her five children,
according to Gail Saunders, had to live off crabs,
top heart (hearts of palm) and prickly pear.
“My grand uncle, Arthur Symonette,” said
Sir Arthur, “was the last Bahamian (I suspect he
had a Bermuda connection) to operate the salt
industry before the Ericksons came in 1936.”
The late Dr Paul Albury in his “Story of the
Bahamas” tells how Turks Island, at first part of
the Bahamas, later came under the jurisdiction
of Jamaica. The Bermudians, Dr Albury wrote,
were the first people to take an interest in this

area. As early as 1668 they.started raking saltin.,
the Turks. “This product,” said Dr Albury,

“became the most important commodity of
their trade, and it was looked upon as being
vital to the economic welfare of Bermuda.”

Because Bermudians were the first to settle
and establish an industry there, it laid claim to
the Turks. Bermuda maintained that the
‘Bahamas did not need the Turks because it had
many other islands in its archipelago on which
to cultivate salt. After more than a century of
wrangling, said Dr Albury, Britain decided in
1803 in favour of the Bahamas. Turks Island
was confirmed as part of our island chain. The

Turks resented this and refused to senga mem- |

ber to the House of Assembly in Nassau. After
much agitation from the Turks, whose people
were angered because one fourth of the
Bahamas government’s revenue came from tax-
ing their salt, with little going back to the Turks,
_Britain agreed in 1848 to a sepdration. The
Turks with its neighbouring Caicos Islands were
put under a local President and Council, respon-
sible to the Governor of Jamaica.

Inagua was an island of boom and bust.
Margery Erickson, wife of the late Jim Erickson,
who was the member of the three-brother fam-
ily, who got his whole family, including his par-

TOIT FOR THE WEEK

“The Lord May Not Take The

Freeport fax: (242) 352-9348

‘The ups and downs of Inagua



ents, interested in resurrecting Inagua’s. salt
industry, wrote an interesting book — Great
Inagua— on their years on an island that scon
became their much loved home.

She talked of how Inagua’s salt industry col-
lapsed because of how low the price of salt fell
after the First World War. “Salt company after
salt company went broke overnight, natives lost

- their jobs and their families suffered severely in

consequence. The pans fell into disuse — walls
crumbled, canals became clogged with debris.”
This was the island that the Ericksons rebuilt
until they could no longer’ continue and-sold
out to Morton Salt.

“Before the panic on Inagua,” wrote Mrs
Erickson, “landowners had led a:luxuri6us life
there. Brougham and hansoms pulled by match-
ing pairs of horses had rolled over the broad
roadways of Mathew Town and balls were giv-
en by moonlight; wines from Spain and France
filled the cellars of the well-to-do'‘and one resi-
dent had a piano swung ashcre from a clipper
ship. The ladies wore silks and taffetas from
Paris and lace from Brussels, while the men
had a crack polo team and played matches on
the Parade Ground.”

Inagua was at one time the port of call for the
Hamburg-American and Royal Netherlands
Lines, which used to stop at Mathew Town to
pick up stevedores to work contract labour on
the Panama Canal, the Mexican Railways and
the mahogany industries of Central America:
The late Sir Etienne Dupuch, who represented
Inagua for many years, often talked of taking a

‘Dutch.ship from New York with his bride, to
‘contest an election in Inagua.

He also talked of the aays when a few rich
merchants who were still ou the island traded in
gold bars, which they kept in a trunk under

their shop’s counter. A Mr Richardson, the ©
father of the late Cyril Richardson, who worked |

on The Tribune staff for nar: vears, was one of
those merchants. But in the end ail the people of

Inagua had leit were the Erickson family and |

the salt pans. And then came the eighties — the
drug years. Reports reaching The Tribune at
that time talked of an Inagua rich in US$100
bills, but poor in change. We were told of those

- who flashed their American $100 bills, but found

it difficult to spend the money locally, because
they could get no change.

Inagua has indeed had an interesting history
— rags to riches, then back to rags. Prime Min-

’ ister Ingraham has now flown to the US to meet

with Morton Salt officials to try to convince
them to return to Inagua. If the long suffering
company refuses, then Inagua is once again on
its downward spiral.























Hosting of

arifesta XI

may benefit
us greatly

EDITOR, The Tribune.

THE Caribbean Festival ot
the. Arts (CARIFESTA) is a
major convention of the
Caribbean creative communi-
ty which presently takes place
every two years.

There have been ten.such
gatherings since 1972, and the
eleventh is scheduled to be

held in Nassau in August of.

2010. The tenth meeting, held

in Guyana, where the first '

meeting was held in 1972, saw
some 3500 participants from
29 countries, hosted in 40 loca-
tions in and around George-
town, Guyana’s capitol city.

The scale of the event pro-
jected for the Bahamas, both
in number of participants and
in countries represented, is
expected to be larger.

This is the third time the
Bahamas has been invited to

host the event. Concerns for

the difficulty finding accom-
modations and venues, and for
our ability to mount the logis-
tical arrangements may have
been reasons for our reluc-
tance in the first two instances,
however we have been given
another opportunity to “show
off” in 2010.

Two countries, Guyana and’

Trinidad, have hosted twice,
and. the Bahamas is expected

to provide an expert.example,
because of its standing in the

tourism world.
What is surprising, however,
is the lack ‘of apparent

urgency, both by the public -

and the private sector, in con-

nection with this enormous |

event. While the effort to host
Carifesta will be great, there
appears.to be little apprecia-
tion for the benefits of bring-

. ing this type of event to our

shores. Here, for the record,
are a few:

EXPOSURE

As the Bahamas develops, a
strong and vibrant group of
creative young people look for
ways to stretch. The number
one way for an artist to devel-
op is exposure to other artists
and the mentoring that results
from such encounters. This
event brings the best creative

minds in the region to Nas-

DON STAINTON

°




LETTERS

letters@triounemedia.net





sau, to make them accessible

to young Bahamians in per-
formances, exhibitions, sym-
posia and workshops. It also
makes global leaders in the
arts locally visible and acces-
sible for the 10-day period.

LOCAL BUSINESS

The business opportunities
created by this type of event
are almost infinité. For exam-
ple, there will be the need for

production services, venue

rental and management. hotel,
motel and guest house roorns,
catering and restaurant ser-
vices, the manufacture and
distribution of logo products,
the production of special sig-
nage and other forms of pub-
lic information devices, vari-

~-ous forms of transportation,

the creation and running of
tours and a wide range of day-
time and nighttime entertain-
ment.

Caricom, which owns Car-
ifesta, has mandated that the
host country make the festi-
val economically independent
through the use of private sec-
tor contracts, licenses and con-
cessions. That means a lot of
business over that short period
of time’

TOURISM —- ~~.

African Diaspora-inspired
festivals have been the largest
produceis of festival travellers
globally in recent years. Of

course the best known are the -

Carnivals of Trinidad and Rio,

and Mardi Gras, but festivals -

in Brooklyn, New York,
Caribana in Toronto, Canada
and Nottinghill near London
in England (which gets over
a million people over a week-
end) are also very popular.

It is the intention of Cari-
com that Carifesta becomes
branded as the largest travel-
ling festival on the planet.

The opportunity to gener-
ate significant traffic from the
Caribbean, North America
and Europe would require
urgent action, but could have
very significant and beneficial

results. In any case, Carifesta



THE

TIE

XJ in Nassau would be almost
the equivalent of a Superbowl
in its potential for generating

_ tourism business to Nassau.

INFRASTRUCTURE

The Bahamas is one of the
richest countries in the.
Caribbean, yet our facilities
for the presentation of our cul-
ture is sadly lacking, even in
comparison with some of our
poorest neighbors.

Our National Cultural
groups meet and practice in
makeshift accommodations,
and there is no major training
facility for the sustained devel-
opment of our youth. Prepa-
ration for Carifesta XI offers a
perfect- opportunity to begin .
a programme of infrastructure
development that would cre-
ate facilities to fill that void,
and would lead to the stronger
presence of our culture in our
visitor experience. .

It should be noted that
Guyana, a monetarily poorer
country than the Bahamas,
was able to mount Caritesta
X in a year largely because
they already had a fully-
equipped 1900-seat theatre, a
state-of-the-art Conference

Centre, a.20,000 seat stadium,—--
’ a number of smaller theatres

and a multitude of museums .
and galleries.

Obviously, we are out of
time for the creation of much .
of what would have been pos-

- sible, but there is still time to

salvage the opportunity to
strengthen our infrastructure.

This is not an exhaustive list
of benefits, but it does suggest
that the hosting of Carifesta
XI could benefit us greatly,
both developmentally and
economically.

Unfortunately. as noted
above, the clock is ticking
loudly, and those opportuni-
ties are evaporating like a pool
of alcohol.

While there may well be
plans afoot behind closed
doors, unless the effort moves
into the light of private sector
involvement, it will soon be
too late to derive any of those
benefits at all.

PAT RAHMING
Nassau,
September 16, 2008.

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THE TRIBUNE

THURSDAY, SEPTEMBER 118, 2008, PAGE 5:



© In brief



PHA has
‘updated
information
network’

- THE Public Hospital
Authority said it has success-
fully updated its information
network to allow all its facili-
ties to operate under one
coherent system.

The update has paved the
way for direct access to patient
records between three hospi-
tals — the Princess Margaret
Hospital, the Sandilands Reha-
bilitation Centre and the Rand
Memorial Hospital in Grand
Bahama. They are-now all
linked under one network.

In a press release, the
administration of PHA
expressed the organisation’s
“sincerest thanks” to patrons
during the recent upgrade.

Authorities explained that
the ability of medical personnel
to retrieve patients’ medical
records regardless of what hos-

‘ pital they are in or island they
are on, will allow for “the best -
possible treatment.”

Bahamas Christian
Council donates to
Inagua hurricane
Pelief effort —

THE Bahamas Christ-
ian Council pledged
$10,000 to the Hurricane
Ike relief effort, to assist
in rebuilding the commu- -
nity of Mathew Town,
Inaguaf.

The BCC also pledged
$10,000 worth of materials
to assist residents in
rebuilding their proper-
ties, damaged when the
category four storm struck
the island on Septembtr 7.

Commander Stephen
Russell, director of the
National Emergency Man-
agement Agency
(NEMA) accepted the
cheque during a presenta-
tion at the NEMA office
in the Churchill Building,
downtown Nassau.







Hubert Ingraham

PM commends those engaged in hurricane reliet

@ By CHESTER ROBARDS
Tribune Staff Reporter

PRIME Minister Hubert Ingraham
took a moment yesterday during his
contribution to the House of Assem-
bly to commend all agencies and indi-
viduals who were engaged in relief
efforts following Hurricane Ike.

The category four storm wreaked
havoc on the southern islands of the
archipelago and the Turks and Caicos.

“T take this opportunity to recog-
nise and commend NEMA, the Hur-
ricane Preparedness Committees
throughout our Family Islands and
the many men and women who serve
in Local Government administration
and in elected local government office

around our country,” said the prime
minister.

Mr Ingraham also recognised the
preparation efforts of those in author-
ity on the islands that were to be
affected by the impending storm.

“T had the occasion to speak with
the majority of Family Island admin-
istrators and chief councillors in the
hours leading up to the arrival of Hur-
ricane Ike in our waters. I was fully
satisfied by their state of readiness
for the hurricane. The level of lead-
ership displayed by all was com-
mendable and in no small measure is
responsible, I believe, for the safety
and well-being of our citizens during
and after the passage of the storm,” he
said.

“T also recognise the dedicated ser-
vice of the public health personnel,
very particularly nurses, who were
required to remain en duty and to
man community clinics throughout
the storm. The clinic in Mathew Town
was open and the nurse was on duty in
Inagua beginning immediately after
the passage of the storm.”

The United States also received
high praise from Mr Ingraham for the
consistency of their relief efforts.

“T want to take this opportunity to

record the thanks and appreciation

of the government and people of the

- Bahamas to the Untied States of

America which, as has long been their
practice, extended immediate emer-
gency assistance to us notwithstanding

their own concern with the arrival of
Hurricane Ike on US shorts.

“It would be difficult to overstate
the goodwill and assistance of the
American government and its peo-
ple toward us in times of crisis,” he
said.

The prime minister was able to vis-
it islands affect by the storm through
the use of a US aircraft. He surveyed
hurricane wrecked areas of Inagua,
Grand Turk and South Caicos aboard
a US Coast Guard helicopter.

According to Mr Ingraham,
NEMA has received a large number
of donations for Inagua and has a
donation account of $524,197.26 inclu-

' sive of those received in relation to

Hurricane Ike.

{

beautiful
ttle

POO Oi OO CUCL LCC eR kL

NEMA will assist ‘at a minimum’ with
Materials needed for hurricane repairs

PRIME Minister Hubert Ingra-:

ham revealed in the House of
Assembly yesterday that as the
majority of Inaguans did not have
hurricane insurance when Ike
struck, NEMA will be assisting

“at a minimum” with construc-

tion materials needed for repairs
to more than 249 damaged
homes.

Stating that the Department.of
Social Services has completed

-. assessments on all homes in

Inagua that had been damaged,
he said that: 201 homes have

- major damage, 42 minor damage,

two extensive damage, and four
were completely destroyed.

“Tt will be appreciated,” Mr
Ingraham said, “that the devas-
tation of Hurricane Ike exacer-
bated the plight of the poor, the
elderly and other less fortunate
Bahamians.

“For the purpose of accessing
hurricane reconstruction relief,
NEMA will adopt the established
criteria ‘used to determine eligi-
bility under existing community
assistance programmes for the
elderly, the disabled, and for low-
income and or indigent individu-
als,” he said.

To access these benefits, per-
sons must either have been
Bahamian citizens living in the
country in an owner-occupied

-home during the hurricane; or be

old age pensioners, disabled per-
sons, or indigent persons who are
receiving old age non-contribu-
tory pensions or invalidity assis-
tance from the National Insur-
ance Board, or Disability.
Allowance from the Department

of Social Services and have insuf- —

ficient funds to make necessary
repairs themselves.

“Mr Speaker, it has long been
recognised that many individuals
who do not meet the criteria for



government assistance through
the Department of Social Ser-
vices, or who did not meet the
criteria for assistance from the
National Donations Account,
might still require assistance in
effecting repairs to their busi-
nesses and/or residences damaged
by the hurricane.
“Notwithstanding the settle-
ment of insurance claims, many
individuals receiving those ben-
efits also required additional
funding to effect complete repairs

‘to their residences and or busi-
‘nesses. For example, some per-

sons impacted by Ike may not
qualify for home-owners and or
business loans from commercial
banks.

“Such individuals will have

access to assistance as provided

for under the Emergency Relief
Government Loan Guarantee
Act which was assented to on
November 15, 1999. Under this
programme, applicants. who
would not ordinarily qualify for a
bank loan to facilitate hurricane
damage repairs to their residences:
or businesses (including agricul-

. tural and or fisheries enterpris-
es) are able to access funding

under a government guarantee,”
he said.

SIUC ay

Mag

RATS, ANTS, TERMITES, ROACHES,

UU TH Oe Ta RS

PHONE: 327-6464
WE SEND ‘EM PACKIN'!



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PAGE 6, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



The GB Power Company
announces bills increase

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

FREEPORT - Despite
recent power outages and
island-wide black-outs, the
Grand Bahama Power Com-
pany (GBPC) announced an
increase in customers’ bills
this month.

GBPC executives said that
an increase of over six cents
in fuel surcharge is being
billed to customers.

According to officials, the
fuel surcharge customers
receive on their September
bill reflects the price of oil
which was purchased in early
July.

The company’s oil supply
is obtained through an annu-
al bidding process that is
based on world prices.

The company maintains a
30-day fuel inventory to
ensure that an adequate sup-
ply is available to service the
island.

Grand Bahama residents

PROSPECTUS

have raised concerns about
the high cost of electricity on
the island.

This latest increase is the
second for Grand Bahamians
this year.

A $5 increase was intro-
duced to customers during
the first quarter of 2008. In
2006, the company also
increased its rates.

Despite the increases, the
company maintains that it has
one of the lowest electricity
rates in the Caribbean.

GBPC serves some 50,000
residents and commercial
establishments on the island.

It employs over 200 Bahami-

ans.

On Monday, Grand
Bahama experienced an
island-wide blackout which
left some residents without
power for 10 hours.

The black-out followed a
shutdown of GBPC’s main
generation plant.

Power Company Officials
initiated the shutdown
around 2pm as a result of an
equipment failure on its

69KV line.

A spokesman for the com- }
pany said “the shutdown was :
a precautionary method to:
safeguard the assets of:
the generating units at the:

plant.”

recent weeks.

Company officials report-
ed that the restoration:
process on Monday began at :

2.40pm on a priority basis.

“Power was restored to 70 :
per cent of the customers by }
5pm, with the majority of the :
island returning to service by :
7pm and all power was:
returned by 12.35am this:

morning (Tuesday).”

“The GBPC apologises for
the inconvenience caused to:
the Grand Bahama public, :
but would like to assure them :.
that the plant shutdown mea- :
sures are in place to prevent :
costly damage to the genera- :
tors, and are in keeping with :

industry standards.”

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS
BAHAMAS REGISTERED STOCK 2028, 2029, 2030, 2031, 2032 and 2033

ISSUE OF B$100,000, 000.00

Issued under The Bahamas Registered Stock Act, and authorized aly Resolutions of the House of Assembly,

12th June, 2008.

Applications will be received by The Banking Department beginning at 9:30 am on 8th September, 2008
and will close at 3:00pm on 18th September, 2008. Allocations will commence at 9:30 a.m. on 19th September,
2008 and will cease at 3:00p.m. on 22nd September, 2008.

If the total subscriptions exceed the sum of B$100,000,000.00 (Nominal) partial allotment will be made to

subscribers, and a proportionate refund will be made as soon as possible after allotment.

paid on amounts so refunded.

No interest will be

The date of this Prospectus is 3rd September, 2008

The Government of The Commonwealth of The Bahamas invites applications for Bahamas Registered
Stock totalling B$100,000,000.00. The Stock will be available. in a range of maturity dates; the earliest being
repayable in 2028 and the latest in 2033. The total amount of Stock offered, the rate of interest and net issue

price are given below :-



The power outage affected }
residents throughout Grand :
Bahama, which has experi- :
enced several black-outs in :



Rate of Interest
9/32% Above Prime Rate
5/16% Above Prime Rate
11/32% Above Prime Rate

3/8% Above Prime Rate
13/32% Above Prime Rate
7/16% Above Prime Rate

Name of Stock
Bahamas Registered Stock 2028
Bahamas Registered Stock 2029
Bahamas Registered Stock 2030
Bahamas Registered Stock 2031
Bahamas Registered Stock 2032
Bahamas Registered Stock 2033

Issue

Amount BS Price BS
10,000,000.00 100.00
15,000,000.00 100.00
15,000,000.00 100.00
20,000,000.00 100.00
20,000,000.00 100.00
20,000,000.00 100.00

100,000,000.00

The Stock shall be repaid on 22nd September, in the year appearing in the name of the Stock.

INTEREST

’ The Stock will bear interest from 22nd September, 2008, at the rate shown against the name of the Stock as
the percent per annum over the Prime Rate (i.e. the prime commercial interest rate from time to time fixed by
the Clearing banks carrying on business in the Island of New Providence in The Bahamas. If there shall be any
difference between them, then’that which is fixed by Royal Bank of Canada). Interest shall be payable half-
yearly commencing on 22nd March, 2009 and thereafter on 22nd September and 22nd March in every year until

the Stock is repaid. °

CHARGE UPON CONSOLIDATED FUND

The principal monies and interest represented by the Stock are charged appa and payable ‘out of the
Consolidated Fund and assets of The Commonwealth of The Bahamas.

\

Issue of Stock

SUPPLEMENTARY PROVISIONS

The Stock will be issued by ‘the Registrar (The Cantal Bank of The Bahamas).
Applications will be r
September, 2008 and

y The B






at 9:30 am on 8th
;. Allocations will

commence at 9:30 a.m..on 19th September, 2008 and will cease at 3:00p.m. on 22
September, 2008. All envelopes enclosing applications should be labelled “Application
For Bah amas Government Registered Stocks”.

Units



Applications

_ The Stock will be in units of B$100.00.

Applications must be for B$100.00 or a multiple of that sum.

Application Forms Applications for the Stock should be made to the Registrar on the form attached to the
Prospectus and may be obtained from the Registrar offices in Nassau and Freeport, The
Treasury Department (Marlborough Street & Navy Lion Road, Nassau) or any of the
following banks:

SON ce

Bank of The Bahamas International
First Caribbean International Bank (Bahamas) Limited
Finance Corporation of Bahamas Limited
Commonwealth Bank Limited

Royal Bank Of Canada

Scotiabank (Bahamas) Limited

Fidelity Bank (Bahamas) Limited (formally British American Bank(1993)

Limited) °

es

Citibank, N.A.

PUBLIC DEBT

Provisional estimates from the unaudited accounts as at June 30, 2008 show the Public Debt of The

Bahamas to be B$3,098,664,000.*

GOVERNMENT REVENUE AND EXPENDITURE

The following information is extracted from the unaudited accounts of the Government of The

Commonwealth of The Bahamas.

Revenue

Recurrent Expenditure (excluding

Repayment of Public Debt)

Capital Development
Expenditure (excluding loans
contributions and advances
to public corporations)

** Provisional estimates from the uhau

FY2005/2006p** FY2006/2007p** FY2007/2008p**
BS BS BS
Approved Budget Approved Budget
1,221,454,000 1,338,481,000 1,483,929,000
1,149,582,000 1,285,692,000 1,385,133,000
123,454,000 166,225,000 189,731,000

ed accounts.

* — The Public Debt amount is inclusive »f The Public Corporations contingent liability which as at June

30, 2008 totalled B$419,807,000.

HTL tC
Committee seeks
STITT Mb

storm hit country

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

FREEPORT - Following the
devastating aftermath of four hur-
ricanes in Haiti, the newly formed
Grand Bahama Haitian Relief
Committee is soliciting financial
and material support to assist vic-
tims on that island.

Freeport Haiti resident Jetta
Baptiste announced that the
GBHRC has opened an account at
the Bank of the Bahamas in the
name of G B Haitian Relief Com-
mittee.

Ms Baptiste said many people in

Haiti lost all their possessions dur-:

ing Hurricanes Fay, Gustave, Han-
na, and Ike, which caused massive
flooding on the island.

“Many people lost their homes,
loved ones, farms, businesses and
livelihood,” she said at a press con-
ference held at the Grand Bahama
Red Cross.

“The massive flooding left thou-
sands of Haitians homeless; there
are no food stores; bridges and
roads have been washed away
especially in the city Gonaives.

“There are no banks or money





“AP Photo

THIS PHOTO released by the.U.S. Navy shows the city of Port de Paix,
in northern Haiti, partially flooded, Monday, Sept. 8, 2008. Four storms
in a row have caused floods throughout Haiti that have killed more than

300 people in less than a month.

transfer stations available now
where money can be sent immedi-
ately. We have heard the stories
where children are dying from star-
vation after being stranded on roof
tops for days,” Ms Baptiste said.

The GBHRC, which is headed
by president Jean Alix Jean Simon,
is appealing to people living in
Grand Bahama and throughout
the Bahamas to lend a ‘helping
hand to the hurricane victims of
Haiti.

Ms Baptiste said water, non-per-
ishable food items, kitchen utensils,
clothing, blankets, sheets, paper,
garbage bags, baby food, clothing
and pampers are needed.

She also noted that there is a
total lack of medication suck
as pain killers, as well as

building supplies.

The items can be delivered at
Cool 96, Jetta’s Multi-Service Cen-
tre at 37B Hearne Lane or any
local Haitian church between Sep-
tember 15 and September 27.

The committee wants to have
everything delivered to Haiti by
the end of the September.

Ms Baptiste said financial con-

tributions are also needed and can
be deposited in the account at -
Bank of the Bahamas.
- “We are asking persons to
please give the best that you can
because God loves a cheerful giv-
er,” she said.

She said that anyone who wants

‘more information should call Mr

Simon at 533-2714 or Ms Baptiste
at 352-2384.

THE GOVERNMENT OF THE COMMONWEALTH OF THE BAHAMAS
BAHAMAS REGISTERED STOCK 2028, 2029 , 2030, 2031, 2032 AND 2033

The Registrar

FOR OFFICIAL USE ONLY
APPLICATION No
ALLOTMENT No.

DATE:

¢/o The Central Bank of The Bahamas

"P.O. Box N-4868
Nassau, Bahamas

Sir:
I/We hereby apply for the following amount of Bahamas Registered Stock:

Insert below the amount applied for

in Units of BS100
9/32% Above Prime Rate © Bahamas Registered Stock 2028 BS
5/16% Above Prime Rate Bahamas Registered Stock 2029 BS
11/32% Above Prime Rate Bahamas Registered Stock 2030 BS
3/8% Above Prime Rate © Bahamas Registered Stock 2031 BS
13/32% Above Prime Rate Bahamas Registered Stock 2032 B$
7/16% Above Prime Rate Bahamas Registered Stock 2033 BS

and undertake to accept any less amount which may be allotted to me/us.

I/We enclose BS

. in payment for the Stock applied for.

In the event of the full amount of Stock(s) applied for above is/are not allotted to
me/us, I/we request that the sum refundable to me/us be applied for the following Stock:

%

Bahamas Registered Stock

BS

PAYMENTS CAN BE MADE VIA REAL TIME GROSS SETTLEMENT SYSTEM (RTGS) ,
THROUGH ALL COMMERCIAL BANKS EXCEPT FINCO, BY BANK DRAFTS PAYABLE TO THE
CENTRAL BANK OF THE BAHAMAS UP TO $50,000.00 (FUNDS IN EXCESS OF THIS AMOUNT
CAN BE PAID THROUGH THE RTGS SYSTEM) AND BY CASH. ~

1. (One Person)
Ordinary Signature

Name in Full

Address (Corporations etc. should give Registered Addresses )

P. O. Box

(BLOCK LETTERS, state whether Mr., Mrs., or Miss and titles if any.)

Telephone Nos.(H)

2. (Where two or more persons apply as joint subscribers, the additional names and addresses should -

be given below.)

Ordinary Signatures:
Names in Full
Ai d/OR
Address

Telephone Nos.(H)







I/We hereby request semi annual interest to be paid to:

Bank Name



Bank Branch Coenen a

Account Number


THE TRIBUNE




trying to raise four children on
under $800 a month wept yester-
day as he told The Tribune: “We
are living on the breadline.”

Widower Wayne John, 44, of
Canaan Lane, off Shirley Street, is
still waiting for payment of a
court settlement following an
accident in Exuma which left him
unable to work.

Repeated attempts to get the
court registry to fix damages have
failed, leaving Mr John and his
four children in desperate straits.

“All I want is for the court reg-
istry to fix the settlement, but
time keeps passing and I don’t
know how much longer I can
wait,” he-said.

“I won this case more than a
year ago, so why is it taking so
long for the money to come
through? I have a child who suf-

‘On the breadline’

A DISABLED father who is:

Disabled father of four still waiting for

court settlement payment after accident

fers from seizures and needs to
see a specialist, but without this
money I can’t do anything,” he
added.

“T can’t find the right food to
give him. He has seizures twice a
day and sometimes twice at night.
I feel my mind is slipping because
of the worry. I can’t take it no
more.”

Mr John relies entirely on just
under $800 per month from the
National Insurance Board and
handouts from relatives.

But he said he did not wish to
be a burden on his family when

money was due to him from the

courts.

“From the $800 I get, I have to
pay the light bill, groceries,
clothes for the children and every-
thing else, and it really isn’t
enough.”

Mr John, who once worked as
a labourer, won a Supreme Court
judgment in July, 2007, after
claiming his employers were neg-
ligent when he fell from a trailer
and damaged his arm and hip. He
is no longer able to do any kind of
physical work.

Though attempts were made
up until press time last night, Reg-
istrar Donna Newton or Deputy

Registrar Ernie Wallace were

unavailable for comment.



National Museum of The Bahamas
‘promotes a celebration of literacy

PVPS VERS (0) Mola elam ee Ualel tcp

Readings at Fort Charlotte today
e(Other events through the month

THE National Museum of the
Bahamas is joining in the obser-
vance of September’s National
Literacy Month by hosting a
series of activities designed to
increase reading interest in Nas-
sau’s students, as well as to
encourage adults to rediscover
the joys of a good book.

“Reading can help people*to ‘~

understand different ideas and
different ways of living and to
develop skills that are essential

in creating a well-rounded human.

being,” said Dr Davidson Hep-
burn, chairman of the Antiqui-
tiés, Monuments and Museums
Corporation which oversees the
National Museum.

“We would love to teach peo-

ple about the joy of reading, when
you can switch off your cell
phone, turn off the television and
settle down with a good book.”
The activities kick off with a
series of Bahamian poetry and
short story readings for primary
school students at Fort Charlotte

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on September 18. For a $3 admis-
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readings by Dr Hepburn, Leah

“.O’Briem and Patricia Thomas~

from 10am —.2pm.

In conjunction with the Nation-
al Museum, Logos Bookstore will
be hosting a book fair. Students
attending are encouraged to bring
extra funds to have the opportu-
nity to enter a vibrant literary
world.

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dents to attend the “Lest We For- *
slavery-exhibition at they
Pompey Museum from Septem- *

ber 22 — 25, 10am — 1pm, dramat-
ic readings and tours of Balcony
‘House on September 25 at 7pm
and the opportunity to hear
episodes from the popular 1970’s
radio drama “The Fergusons of
Farm Road” on September 26 at
6pm at the Pompey Museum.





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LOCAL NEWS

THE TRIBUNE



Mario Miller’s
bloodstained.
shirts placed in
evidence at trial

FROM page one

ogist attached to the
police forensic science section,
to the witness stand
yesterday.

Mario-Miller was stabbed ;

to death on June 22, 2002.
His body was found-in bush-
es near the Super Value
Food Store in Winton.
Brothers Ryan and Ricardo
Miller, alias Tamar Lee, are
charged with his murder and
are standing trial for a sec-
ond time, the first trial hav-
ing been aborted. .
During her testimony
Inspector Deleveaux told,
the court that several items
such as a machete, a blood
soaked multi-coloured shirt,
T-shirt, pieces of vinyl, duct
tape, finger nail clippings

and three glass tubes of .

blood labeled Tamar Lee
had been given to her for
examination. She said she
examined them for bodily
fluids.

Inspector Deleveaux told
the court that she found

The Tribune wants to hear
from people who are

| making news in their |
neighbourhoods. Perhaps
you are raising funds fora
good cause, campaigning
for improvements in the
area or have won an -
award.

If so, call us on 322- 1986
and share your story.

é Hand.



Share your news



. Leslie Miller

hairs attached to the duct
tape. She also testified that
she saw no blood on the
machete which was worn
with rust spots, however, she
still swabbed the blade.
She also testified that the
multi-coloured shirt and the













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T-shirt, which belonged to
Mario Miller, were torn and
blood stained.

Inspector Deleveaux said
that the cuts in the shirts
appeared to have been

caused by a piercing object.

The deceased’s sister, Yas-
mine, was reduced to tears

‘as the blood stained shirts

were exhibited in court.
Inspector Deleveaux also
told the court that she found
blood on the finger nail clip-
pings of the deceased.
Inspector Deleveaux told
the court that after examin-
ing all of the items that had
been given to her, she pre-

‘pared a report and certain

samples to be sent abroad
for DNA testing.

During cross-examination
by lawyer Romauld Fer-
reira, Who represents mur-
der accused Ricardo Miller,
Inspector Deleveaux said
that although she had found
no blood on the machete
blade, she had swabbed it

‘for biological material.

During cross-examination
by lawyer Romona Far-
quharson, who represents
Ryan Miller, Inspector
Deleveaux admitted that she
had not received any evi-
dence in relation to Ryan
Miller.

The trial continues at 10
am today before Justice
Stephen Isaacs. Deputy

‘Director of. Public Prosecu-

tions Cheryl Grant-Bethel,
with Neil Braithwaite and
Sean Adderley of the Attor-
ney General’s Office appear a
for the.Crown. ; vai!

#

©2008 Creative Edge


THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008,.PAGE 9



FROM page one

watts of electricity or less per
month.

Government will also lend
BEC from its sundry capital
»allocation account the sum of

BEC to reconnect cut-off consumers PM heats to US for talks
On future of Morton Salt

$4 million to be repaid by BEC
within the next two years as a
means of aan the fund-

Rudy King is charged
with three counts of
deceit of a public officer

FROM page one

Wednesday, August 6, King attempted to deceive Detective
Sergeant 464 Greenslade with intent to evade the requirements of

the law.

Court dockets also allege that on Monday, August 25, King
tried to deceive Andreae Francis, a public officer.

King, who appeared before Magistrate Linda Virgill at Court 9
in Nassau Street, pleaded not guilty to the charges.

He was granted bail in the sum of $10,000 with two sureties.

Lawyer Murrio Ducille represented King, who is expected back

in court on October 22.

King, an impresario and events promoter also known as Dr
Rudy King, is the former chairman of the King Humanitarian and
Global Foundation — a non-profit organisation.

It was reported on Tuesday that King was expected to appear in
connection with fraud related charges, however he was only areca

with the three counts of deceit.

ing of this “massive social
relief” to consumers.

“The government will direct
BEC to apply the governmen-
t’s $600,000 annual dividends
ordinarily payable by BEC to
the government towards ame-
liorating or lessening any
potential future increases in
the electricity surcharge as a
consequence of any future
shocks in the cost of oil over
the next two years.

“BEC is (also) being direct-
ed to reverse its policy which
requires residential consumers
to pay all arrears in full before
any disconnected electricity
supply is restored and return
to the policy that required only
a 50 per cent payment of
arrears uo to reconnection.
of supply.

- “In addition to these Steps -

which the government believes
will bring relief to more than
5,000 families, the government
is determined to bring focused
efforts to eliminating ineffi-
ciencies and weaknesses at

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BEC,” Mr Ingraham said.

Mr Ingraham also said gov-
ernment will be entering into
talks with the Grand Bahama
Power, Company to see if a
similar offer can be made on
that island to help alleviate the
troubles that growing electric-
ity bills are causing through-
out the country.

Additionally, government
will also retain an independent
firm to conduct an “opera-
tional audit” of BEC and make
recommendations
will bring: “increased” efficien-
cy to the electricity corpora-
tion.

“These recommendations
will be evaluated and
acted upon where appropriate
as a matter of urgency,” he
said.




that:

FROM page one

to meet with the representa-
tive from Morton’s home
office in the» United States
today.

He said i expects to
receive a fuller “report on the
damage assessments which
they will have conducted on
their business during the past

week and some indications of

their future plans.”
Morton’s parent company is

currently in the process of
being taken over by Dow

Chemical Company.
’ Mr Bochanski said in an
interview last week that “based

: on what they saw and the plan

e

THE BAHAMAS NATIONAL isa HOIR

Try « out for the Bata: National Youth holt

we havé in place, it is our
intention to bring the plant

* back up.

“If further down the line in
the next week or two we find
out that there’s something we

don-t know about that changes

those plans, I suspect that we
might be having. a different
answer.” ,

The Member of Parliament
for Inagua, Alfred Gray, last
week told The Tribune that he
is worried that Morton Inter-
national wiil use the hurricane
damage to the plant as an:
opportunity to pull out of the
island without being accused
of doing so because of dissat-
isfaction with long term labour
unrest nee





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THE TRIBUNE



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All new ocean water is
mechanically sifted with rapid
sand filters and then disinfected
with ozone.

The ozone applied to the
ocean water systems dissipates
before it is discharged from the
habitats. This ensures that the
marine life and the surround-
ing ecosystem is not harmed.

The water exiting the Atlantis
marine habitat returns to the
Atlantic cleaner than when it
entered.

Atlantis also has a special
area and a semi-closed water ©

filtration system which are used
exclusively for exotic species.
For the Jellyfish, Lionfish,
Clownfish and Giant Pacific
Octopus displays, the water is
re-circulated and contained to
just those exhibits. Any efflu-
ent water exiting the exhibit,

whether through backwashes of

the system or vacuuming and
cleaning, is directed through a



To manage a retail store, applicants meeting the

following should apply:
* Must be computer literate

* Knowledgeable of operating a retail store

* Ability to market the store

* Familiarity with inventory control
All applicants must be at least 21 years of age, should

forward, the following to:

| The Supervisor’s Position at P.O. Box N-8929: |

* Resume
* Police Record
* 2 References
+ 1Passport Picture

As a
Bahamian Company

Caterpillar dealer in
are seeking an Electrical
candidate/s should have proven experience
more than

in Generators with
Transfer Switches.

Applicants with formal education in electri-
cal work are preferred.

Send complete resume with education
and work experience to:

M&E Limited, P.O.Box N-3238,
Nassau Bahamas, Attention:
Human Resources Department,

or email:me@me-ltd.com

Only persons being interviewed for
this position will be contacted.



‘out with high-tech equipmenf;

~ animals and new births. This

A CLOSER look at Atlantis’ jellyfish culture. Thousands of the stinging
creatures are produced in this safe, protected facility.

privately-owned,
and the authorized



| Atlantis reveals animal
life vERer system |

destruct chamber which kills all:
organic matter, including any,
spawn from the animals. ‘

As an extra precaution, the’
Atlantis Water Quality Labo-,
ratory tests the water in the
destruct chamber daily to,
ensure that oxidising agents are,
working properly and that no,
organic materials are present in,
the seawater released back into,
the open ocean.

The work by the laboratory;
ensures that Atlantis’ marinei
animals live in healthy and san-
itary conditions. %

Atlantis also boasts its own
fish hospital, which is decked













to care for all animals brough 4
into the quarantine facility. Thig;
includes new animals or rescued}
animals from the ocean, sick:

isolated atmosphere allows the}
animals to get the proper treat®:

the introduction of dangeroug:
diseases and/or parasites in 0
exhibit aquariums.

SOURITE

FEE SST

Ts

RAE Tae

SFA a EE

SPOTS

EROS

a REE, SE?

SURES SEER ORIEN

mid-sized

the Bahamas, we
Technician. The

LSOKW’s,
and Generation.

its PERL UME

aS

TESTE Ca elt EL

PP SONATE TE

Sanee see
se

THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 11



Dio. LE ee eee
Three Bahamian brokers break through the barrier

THREE brokers with the local
firm of ERA Dupuch Real Estate
have become the first outside the
United States to qualify for the
highest certification in the fran-
chise’s luxury real estate division,
the ERA International Collec-
tion, an enviable golden sliver of
the residential real estate market
where a million dollar price tag is
all but a starter home.

“This has been an incredible
year for us,” said Peter Dupuch,
founder of the firm headquar-
tered in an historic building on
East Bay Street.

Earlier this year, ERA Dupuch
brokers walked away with
Beyond Excellence Awards, join-
ing the ranks of the top 10 per
cent in the real estate industry.

“Now to be the first agency in
the entire world outside America
to make the grade for the Inter-
national Collection designation
and not just one broker, but three
from the same firm.

“We are really proud and hon-
oured, but it is also a testament to
the value of property in the
Bahamas,” Mr Dupuch said.

Qualifying for the Internation-
al Collection were Mr Dupuch, a
20-year industry veteran who
speaks four languages and is a
graduate of McGill University in
Canada and a commercial pilot
who is as likely to fly associates as
clients around the islands to
familiarise them with listings; Ken
Chaplin CBRI, CRS, who came

’ to the real estate industry after a

strong career in high-end retail
dnd Kyla Ralston, BRI, CRS,
whose earlier experience in inte-
riors prepared her for luxury mar-
keting.



Tim Aylen for DP&A



of the world. And we have listings
in Abaco and Nassau that quali-
fy.”

Mr Dupuch founded the firm
in 1993, joining the ERA Real

1° Estate network in 2001 with more

ERA DUPUCH REAL ESTATE brokers Ken Chaplin (left); Kyla Ralston (centre)
and the firm’s founder Peter Dupuch recently became the first brokers outside
the United States to qualify for the highest certification in the global franchise's
luxury property division. Mr Chaplin, Ms Ralston and Mr Dupuch are pictured
on the bridge to Paradise Island, where property sales have helped make this

the best year in the firm’s history.

“The International Collection
is the creme de la créme of prop-
erties around the world and when
a broker qualifies, his or her list-
ings are marketed on a whole dif-
ferent level, whether it is the Sun-
day New York Times or the
Robb Report Luxury Collection,”
Mr Dupuch explained..

“Listings also go on a separate
International Collection web site
and on eracaribbean.com.
Emphasis is on knowing the mar-
ket thoroughly and providing a
personal touch with service that
goes beyond anything you have
ever done before. It could be a
detail as small as adding throw
pillows and orchids to an austere

setting or as large‘as rumours ofa
coming change, for better or
worse, in the area, but there is no
room for error. You have to
deliver a flawless experience.
“Although Collection listings can
start at $800,000, there are also
those like a $19. 5 million, seven-
bedroom, nine-bath, estate in
New Jersey with music studio,
five car garage, racquetball court,
bowling alley and indoor pool.
And then there are the amazing
properties of Ocean Club Estates
right on Paradise Island where
we have a listing now in the Col-
lection for $5.2 million. In lifestyle
and quality, they can compete
with many of the finest propet ties

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PH:322-8588/356-0466 OR 477-7757












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#289 Wulff Road

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Phone#(242)394-4442
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E-MAIL: elite-motors@hotmail.com

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than 38,000 brokers worldwide
and some 3,000 offices in the US,
Europe and the Caribbean.

Last year, ERA Real Estate
won the prestigious JD Power
and Associates Award for High-

est Overall Satisfaction for
Repeat Home Sellers Among
National Full-Service Real Estate
Firms.

This year, its new web site has
won numerous awards.

Assistant to the Financial Controller

Candidates should have experience with:

- Payables, receivables, maintain inventory system, posting
journal entries, reconciling credit cards and bank accounts.
- Person should be able to-work unsupervised, able to
complete large projects in a timely manner, prepate reports
and train staff members.
* Must have good communication and interpersonal skills.
° Solid working Knowledge of QuickBooks, Windows, Word
and excel spreadsheet applications.
- An associate degree in accounting/business administration
or equivalent and min. of 2-3 years experience required.

Salary based on experience.
Please fax/email resume by Sept 26.to:

394-8573/accountsbsw@gmail.com |

FURNI-
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2I years



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PAGE 12, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE

A ae eee OCIS ea as
Ginn sur Mer’s West End Foundation revitalises West End Clinic

DR HUBERT
MINNIS
announces
that digital
technology
will be
implement-
ed at the
West End
Clinic to

: improve

\ patient care
ee and ser-
vices.





TIT TE GINN staff

% members
paint the
West End
Clinic
premises.
































WEST END, Grand Bahama
— FORTY staff members of
Ginn Old Bahama Bay volun-
teered to clean, repair and land-
scape the West End Clinic.
The four-week improvement
project was funded by the West
End Foundation, a $3-million
trust fund specifically ear-
marked by Ginn Old Bahama
Bay to benefit the West End
‘community.
Ginn staff members con-
tributed more than 140 volun-
teer hours to the clean-up effort
by removing trash and debris
around the clinic, the nurses’
: a quarters, the doctors’ quarters
and the future community cen-
3rd Party tre. ;
Insurance ’ They also ees aashed
ae d, Throug the buildings, painted and
patched walls, installed area
lighting, repaired signage,
restored the parking lot and dri-
veway, and landscaped the

Special of Ty: Week

Ww Honda
Bank y
Financing
Available

Come make an offer on .
- our local trade ins.

Located:Thompson Blvd
Tel: 325-0881/2 Open: Mon-Fri. 8a.m. - 5:30p.m.
er ee eo

End.

FOR MEN, WOMEN AND CHILDREN!

SHOP EARLY FOR BEST SELECTION!

ALL SALES ARE FINAL. NO. EXCHANGE,
RETURNS OR REFUNDS.
NO LAY-AWAYS ON SALE ITEMS.

JOHN’S
SHOES AND ACCESSORIES

ROSETTA ST.
TEL: 325-4944



property. Austin Outdoors

donated the plants to landscape
the property.

“We are pleased to assist the
West End Clinic as they pro-
vide a vital service to the people
of West End”, said Al Jones,
senior vice-president of Ginn
Development.

“Ginn employs 378 Bahami-
ans, the majority of whom are
residents of this western town-
ship.

“It is our responsibility to
ensure the well-being of our
staff and the well-being of resi-
dents and guests to this area.”

In 2006, Ginn donated an
ambulance to this outlying set-
tlement.

Ginn will also install a fibre
optic connection for the West
End Clinic to help improve and
expand patient care and ser-
vices.

“I challenge Ginn to adopt

AL JONES,
senior vice-
president of
Ginn Develop-
ment, and 40
Ginn staff

| members were
| proud to assist
with clean-up
efforts for the
| West End Clin-
ic.

the West End Clinic and
become a part of the govern- -
ment’s plan to bridge the gaps
that exist in healthcare here in
West End,” said Dr Hubert
Minnis, Minister of Health.

Dr Minnis, Obie Wilch-
combe, Member of Parliament
for the West End constituency,
and Senator Kay Smith, parlia-
mentary secretary in the Office
of the Prime Minister, were on-
site to inspect the upgrades to
the West End Clinic.

Other dignitaries in atten-
dance included Sharon
Williams, hospital administra-
tor of the Rand Memorial;
Shawn Mader, senior assistant
hospital administrator in Grand
Bahama; Sherlynn Bain, prin-
cipal nursing officer of Grand
Bahama; Dr M Khann, resident
doctor, and Nurse Yvonne
Clarke, nursing officer one at
the West End Clinic.



GOVERNMENT dignitaries are given a tour of the work cared out by the Ginn staff (left to right): Al Jones,
Ginn Development; Senator Kay Smith, Dr Hubert Minnis, Minister of Health; Obie Wilchcombe, MP for West


THE TRIBUNE

Coin of the Realm

staff show their value

THE Coin of the Realm
team recently underwent a
three-month Gemological

_ Institute of America training
course on all aspects of jew-
ellery essentials. The course
ended with a one-hour proc-
tored exam. All team mem-
bers passed the exam and
earned their jewellery essen-
tials certificate. One team
member was awarded the
AJP Diploma, which is given
to persons who complete the
jewellery essentials course
and the diamond and
coloured stone essentials
course.

The team was led by Coin
of the Realm’s operations
manager Cathy Moultrie.

Ms Moultrie said that the
entire staff did extremely well
and were very dedicated to

the course.
“Coin of the Realm prides

itself in going the extra mile to ©

offer quality service. This
extremely informative course
can only add to aur staff’s
knowledge which will ulti-
mately add to the service they
can offer to their customers,”
she said.

Ms Moultrie said that it is
important for Coin of the
Realm staff to not only offer
the best shopping experience
to every person that enters
the door, but to also continue
to educate themselves in all
aspects of the jewellery busi-
ness.

Owners of Coin of the
Realm Mr and Mrs Michael
Stewart said at the celebra-
tion dinner that they were
extremely proud of all of the

CELEBRATION DINNER: Coin of

Realm team members Nathalie ..

Sobiech; Samantha Darville;
Nioshi Rolle; Michelle Coakly,
and Maebree Johnson.

team members and that they
look forward to the staff par-
ticipating in future courses
and endeavours.

CHMI personnel in first ServSafe

sanitation training programme

DURING the summer of 2008, nine members
of faculty and staff of the Culinary and Hospi-
tality Management Institute (CHMI) at the Col-
lege of the Bahamas (COB), along with col-
leagues from industry and education, successful-
ly completed the ServSafe Sanitation training pro-
gramme.

This was the first time CHMI personnel have
participated.

' The training was conducted by Food Health
“dnd Environmental Safety in conjunction with
rs Florida Restaurant Association.
’ | ServSafe is an internationally recognised pro-
gramme which has become one of the most
respected standards in food service.

| The programme was offered as part of the.

ongoing professional development efforts which
are aimed at keeping faculty and staff on the cut-
ting edge uf best practice in industry.

| The programme, which leads tothe prestigious
ServSafe Food Protection Manager certification,
brings together current, best practices in food
safety and instructions to meet the industry's
changing needs.

It is recognised as setting the highest standards

‘of food Safety training and’certification.
| Wanting its chefs and lecturers to be constant-
ly updated as to the latest in practice and require-
I :

- Visit our website at www.cob.edu.bs

ment, CHMI anticipates that those who followed
the programme will readily communicate their
new knowledge to their classes and impress upon
them the growing need for safety and sanitation
in the kitchen setting. ;

Executive director of CHMI Dr Lincoln Mar-
shall expressed his satisfaction with the outcome
of the programme, saying, “We have enjoyed a
wonderful success rate in our first venture into

‘ServSafe. We congratulate the successful partic-
-ipants and look forward to their becoming instruc-

tors in the programme in the very near future.”
Those who received the certification in the
ServSafe Food Protection Manager certification

_ programme are Chef Mario Adderley; Chef Jas-

mine Bain; Kendal Johnson, Head of the Food
and Beverage Department; Bridgette Major-Don-
aldson, Head of Department for the Northern
Bahamas Campus; Chef Christina Moseley-Rolle;
Chef Eldred Saunders; Anthony Richardson,
chief steward; Jamilah Thompson, purchasing
and storeroom manager, and chet Sterling
Thompson.

Mario Adderley, Kendal Yohasah: Bridgette
Major-Donaldson and Anthony~ Richardson

‘achieved scores 6f 90 pércéfit or more, which

means they are one step away from qualifying
to become instructors of the programme.

” Epucame & TRAINING Rare AMIENS

SPRING 2009 aie

The deadline for Spring 2009 undergraduate
Admission/Readmission Application is September.
26, 2008 at 4:00 p.m. Application forms may be
downloaded from www.cob.edu.bs or may be
collected from the Admissions Office, Second
Floor, Portia Smith Building.

For more information, please call 302-4399.

Royal Bahamian Resort & Offshore Island .

" Invites application for the position of:

_ OPERATIONS MANAGER
PRIVATE ISLAND

Applicants. should satisfy the following minimum

requirements:

‘Have a First Degree in Marine Engineering from a
recognized College/University, or equivalent on the

job experience and training.

At least two years experience in the hespriity

industry or closely related filed

Will be required to reside and be fully responsible

for the operation of the entire island.
Must be computer literate

Be proactive, self motivated and willing to work

long hours

Be able to lead a team of technicians with varied

trades

Be able to set the trend for timely and quality

work performance.

Strong communications skills oral and written
Have strong organizational and leadership skills

Applications should be email to:
Cmajor@grp.sandals.com





THURSDAY, SEPTEMBER 18, 2008, PAGE 13

Make this a



SEPTEMBER
to REMEMBER!

Make a deal on-the 2008
Consumer Guide Best Buy
Award Winner

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LOCATION: ROSETTA STREET

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NOREWIDE SALE

Untl September 30th

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: Spend $100.00
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T.V. will be
drawn on



PAG 5E 14, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE








‘IR-CONDITIONERS! AIR- CONDITIONERS!. E
AIR-CONDITIONERS! AIR-CONDITIONERS!
AIR-CONDITIONERS! AIR-CONDITIONERS!





WE ACCEPT ALL MAJOR CREDIT CARDS

eit pertew Vite ORT Osu S rea =e ae aero |
322-2536 ¢ 325-2040 + 323-7758 * 328-7494

\ premium flour that is milled from-Canadian
Hard Red Spring Wheat

\n enriched flour that is versatile and well suited
‘o various baking and cooking applications

Distributed throughout the Bahamas by

BWA

Bahamas Wholesale Agencies Ltd.

East West Highway, Nassau e Tel: 242-394-1759
1 Milton Street, Freeport ¢ Tel: 242-351-2201

‘anamas Bus & Truck Co., Ltd.
_. Montrose Avenue
Phone:322-1722 « Fax: 326-7452

3s, ENTRA, EXTRA,

TRS.






Large Shipment
of
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Socata.

COME CHECK
US OUT

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bs ERS

| For Easy Financing
| Bank Ano Insurance

On Premises
j Check Our Prices
Before buying

CURE ey:

‘AY COOL ALL YEAR

'. year on a positive note.





STUDENTS AN SC Paice Miematkurt heats are possible th



gh excellence in literacy

d teamwork’.

CH Reeves Junior High starts
school year on positive note

HOLDING a church ser-
vice at the Church of God of
Prophecy on.East Street, the
C H Reeves Junior High
School began the new school

The students and staff of
the school, along with sup-
portive stakeholders, all
gathered under the theme
“dreams are possible through
excellence in literacy and
teamwork.”

Bringing remarks on
behalf of Minister of Educa-
tion Carl Bethel, under-sec-
retary Sherrylee Smith asked.
the students if they realised
that schools are training
grounds that are designed to
affect positive changes in —

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them.

She invited the students to
take responsibility for their
education and their futures

RE*BATH BAHAMAS
(Manufacturer's Lifetime Warranty). :
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Telephones: 328-8618/19/20 ° Fax: 326-4831



‘through the creation of an

action plan.

This plan, she said, should
include specific goals for
each year, activities for aca-
demic and personal improve-
ment, and realistic timelines.

She also advised students

_to select mentors and other

persons in the community
with whom they can network
for future opportunities.

“The Ministry of Educa-
tion is ready to support you
in all your educational
endeavors,” Ms Smith said.

She also pointed out ini-
tiatives that the ministry has
already begun to implement
to ensure that the education
system is more relevant to
students.

Ms Smith also made the
students aware of various
scholarship opportunities
that are available to them,
and encouraged them to take
advantage of all that is being

offered. aps
Also in attendance was

Member of Parliament for
Englerston Glenys Hanna-
Martin, who told the stu-
dents to appreciate their
inheritance — the land of
their birth.

She asked them to always
be.good ambassadors for the
country and reminded the
students that the school has
always had a good reputa-

‘tion, which she expects them

to uphold.

The students also heard
remarks from senior pastor
of the church Bishop
Franklin Ferguson, who told
the students that their suc-
cess depended on what they
do with the knowledge, and

‘talents that they have.

The service ended with
prayers for the teachers, stu-
dents and parents, and bless-
ings for a new school bus
that the school has acquired.

TEACHERS WANTED.

Are you a professional, creative and energetic teacher
with strong classroom management skills?



(eet ce

Are you well presented, well spoken,
and have a positive attitude?

_ Are you looking for a new and exciting challenge
in a friendly and supportive school?

We are eu a Oe Aa eto itaes ty hs |
small private aT ai Wes Ange

2 years experience at cither the Pre-school level
or Primary level] is preferable. :

To apply for a Pre-school position you must hold either
a Pre-School Auxiliary Certificate or higher.

To apply for a Primary School position you must hold
a Bachelor’s Degree or higher.

Please send your resume, a recent photo,
and a short essay on why you think you would be an |
asset to our school.

Applications by e-mail only
LMAS.teach@ yahoo.com

%, Looking for a low-odor, no-VOC
~ imertor latex paint? Duration
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CABLE BEACH

Mon.-Fri. 8am-6pm

RA rs ere
Laue 327-8862

nye ares i Marker orl

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7 trey









See CHARLES
Mon.-Fri. 7am-6pm
Sat. 8:30-6pm

Ph: 324-5476

e.com
THE TRIBUNE



Gates exp

AP Photo/Paul J. Richards, Pool





US DEFENSE SECRETARY areata

Army Major General Jeffrey Schlo
visit to the pagan Air ct some
















srt shakes hands with US
left, during an unannounced

Gates,
esser,

INTERNATIONAL NEWS

resses regret fo

@ By ROBERT BURNS
AP Military Writer
KABUL, Afghanistan



Defense Secretary Robert
Gates on Wednesday expressed
"personal regret" for recent U.S.
airstrikes that killed Afghan civil-
ians, and pledged more accurate
targeting in future.
Gates' unusual apology fol-

_lowed a frank assessment from

the top military commander in
Afghanistan: There aren't enough
USS. ground forces in Afghanistan
so the military is relying more

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er runs a greater risk of civilian
deaths. After meeting with
Afghan President Hamid Karzai
and other senior government offi-
cials, Gates said at a news con-
ference, "As I told them, I offer
all Afghans my sincere condo-
lences and personal regret for the
recent loss of innocent life as a
result of coalition airstrikes."
Gen. David McKiernan, the
commander of international
forces in Afghanistan, had said
earlier that the chronic shortage
of U.S. troops: in Afghanistan is
forcing commanders to rely more

on air combat. U.S. airstrikes that

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THURSDAY, SEPTEMBER 18, 2008, PAGE 15

r civilian deaths

kill civilians have angered and
embarrassed the U.S.-backed
Afghan government.

Gates said the U.S. military
takes extraordinary precautions
to avoid civilian casualties, but
added, "It is clear that we have to

‘work even harder." He told

Afghan officials that he would
discuss the issue with American
commanders and pilots on

Wednesday.
Later, Gates flew to Bagram,
the main’ U.S. base in

Afghanistan, and received a brief-
ing on procedures for using air
power. "As I told President
Karzai this morning, we are very
concerned about this," Gates told
reporters after the briefing. "It's a
very high priority for us."_*

He agreed to an Afghan gov-
ernment proposal to create a per-
manent joint investigative group
to probe any incident involving
civilian casualties, rather than
assigning investigators to individ-
ual cases as they arrive, according
to Pentagon press secretary Geoff
Morrell. McKiernan said he needs
at least three more combat
brigades, besides the one arriv-

ing in January. Without the addi- |

ney Sake
| PHARMACY

RU







tional troops, the war will be
longer and deadlier, he said.

"The danger is that we'll be
here longer and we'll expend
more resources and experience
more human suffering than if we
had more resources placed
against this campaign sooner,
McKiernan told reporters travel-
ing with Gates.

He also said he knows he can
only get more combat forces if
troops are diverted from Iraq.
The Army brigade arriving in
Afghanistan in January was ini-.
tially scheduled to go to Iraq, and
it includes about 3,700 soldiers.

McKiernan said his Washing-
ton bosses had "validated" his
request for the three additional
brigades — or at least 10,000
more troops — and said he
believes it is a question of when,
not if, he will get those reinforce-
ments. There currently are about
33,000 U.S. troops in Afghanistan.

The wars in Afghanistan and .
Iraq are headed in opposite direc-
tions: Violence is down substan-
tially in Iraq and U.S. troop levels
are declining, while the fighting is
heating up in Afghanistan and
more U.S. troops are needed.

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Baha Mar Resorts’ Senior Executives led the way in

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Margaret Hospital. A second drive is scheduled
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THE TRIBUNE

~ STAKES RAISED IN DISPUTE
Pakistan army ordered to shoot if US troops
Afghan border

launch another raid across



AP Photo/Anwarullah Khan



Eee — enn eee =

A PAKISTAN SOLDI

Sept 16, 2008. Pakistan's military has ordered its forces to open fire if U.S. troops launch another raid across



ER mans a machine gun in the troubled area of Bajur in Pakistan's tribal area Tuesday,

the Afghan border, an army spokesman said Tuesday.

m@ By STEPHEN GRAHAM
ISLAMABAD, Pakistan



Pakistan's army said Tuesday that
its forces have orders to open fire
if U.S. troops launch another raid
across the Afghan border, raising
the stakes in a dispute over how to
tackle militant havens in Pakistan's
unruly border zone, according to the
Associated Press. :

Adm. Mike Mullen, the U.S.

chairman of the joint chiefs of staff,
arrived in Pakistan late Tuesday
amid the increased tensions. Mullen
planned to meet with top civilian
and military leaders to discuss a
range of issues, including ways to
improve coordination and cooper-
ation along the Pakistan-Afghan
border.

Pakistan's government has faced
-Tising. popular anger over a Sept. 3
ground attack by U.S. commandos
into South Waziristan, a base for
Taliban militants killing ever more
USS. troops in Afghanistan. Pakistan

says-about 15 people were killed, all _

of them civilians.

The new firing orders were dis-
closed by Pakistani army spokesman
Maj. Gen: Athar Abbas in an inter-
view Tuesday with The Associated
Press. - :

Abbas said Pakistani field com-
manders have previously been tol-

erant about international forces:

crossing a short way into Pakistan
because of the ill-defined and con-
tested nature of the mountainous
frontier.

"But after the (Sept. 3) incident,
the orders are clear," Abbas said.
"In case it happens again in this
form, that there is avery significant

detection, which is very definite, no »

EEE OEE AOSD OO

&
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Ba
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has
ae
‘

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Kaa

ambiguity, across the border, on

ground or in the air: open fire."
The statement was the strongest

’ since Gen. Ashfaq Parvez Kayani,

Pakistan's army chief, raised eye-
brows last week by vowing to defend
Pakistani territory "at all cost."
Abbas would not say whether the
orders were discussed in advance
with U.S. officials.

Rep. Gary Ackerman, Democrat- -.

ic chair of the House of Represen-
tatives Foreign Affairs Subcommit-
tee on South Asia, and other law-
makers expressed concern about
Abbas' comments at a hearing Tues-
day to examine a Bush administra-
tion request to fund an upgrade of
Pakistan's aging fleet of F-16 fighter
planes.

Responding to the concerns, Don-
ald Camp, deputy assistant secre-
tary of state for South Asian affairs,
said: "I cannot envision a situation
where we would find ourselves in a
shooting situation with Pakistan."

"We are partners with Pakistan.
We have been close friends for
years," he said.

President Asif Ali Zardari, the

newly elected successor to U.S. ally -

Pervez Musharraf, declined to com-
ment on the order to use lethal force
on American troops, telling
reporters in London: "I don't think

there will be any more" cross-border

operations by the U.S.

U.S. military commanders com-
plain Islamabad has been doing too
little to prevent the Taliban and oth-
er militant groups from recruiting,
training and résupplying in Pak-
istan's lawless tribal belt.

Pakistan acknowledges the pres-
ence of al-Qaida fugitives and its
difficulties in preventing militants

INTERNATIONAL NEWS

SOLDIERS OF THE PAKISTAN army stand ne

THURSDAY, SEPTEMBER 18, 2008, PAGE 17°

C2



to artillery in the troubled area of Bajur in Pakistan's trib-
al area Tuesday, Sept 16, 2008. Pakistan's military has ordered its forces to open fire if U.S. troops

OVER HOW TO TACKLE MILITANT HAVENS —





a

launch another raid-across.the Afghan border, an army spokesman said Tuesday.



“If an American
soldier were to die
because of .
Pakistani military
firing that would
damage the —
Pakistani-American
relationship for
years to come.”



Craig Cohen

from seeping into Afghanistan.
However, it insists it is doing what it
can and paying a heavy price, point-
ing to its deployment of more then
100,000 troops in the increasingly
restive northwest and.a wave of sui-
‘ cide bombings across the country.
Mullen, who is on his fifth visit to

Pakistan since assuming his post,

intended to "discuss ongoing opera-
tions in.the border region" with
Prime Minister Yousuf Raza Gilani
and army chief Kayani, said Mullen
spokesman Lt. Col. Gary Tallman.

"He has been focused keenly on. ,
working more closely with the Pak-

istani military to improve coordina-

tion and effectiveness in operations -

against extremist safe havens in the
border regions," Tallman said.

’ American officials have confirmed
USS. forces carried out the Sept. 3
raid near the town of!Angoor Ada in
South Waziristan but have given few

- details of what happened. Abbas.

said that Pakistan's: military had
asked for an explanation but
received only a half-page of "very
vague" information that failed to
identify the intended target.

He said the dead all appeared to.
be civilians, adding: "These were
truck drivers, local traders and their
families."

Abbas said Pakistani officials had

to consider public opinién, which is

skeptical of American goals in the
region and harbors sympathy for
militants fighting in the name of
Islam.

"Please look at the public reac-

tion to this kind of adventure or

incursion," Abbas said. "The army is
also an extension of the public, and
you can only satisfy the public when
you match your words with your
actions."

However, some analysts forecast
that the consequences of alienating
the United States would stay the
army's hand.

"If an American soldier were to
die because of Pakistani military fir-

_ing that would damage the Pak-

istani-American relationship for
years to.come," said Craig Cohen,
an analyst at the Center for Strategic
and International Studies in Wash-
ington. -

The threat "might stir nationalist

sentiment in Pakistan and play well

politically, but it's just not realistic,"

he said.

Pakistan's military has won Amer-

ican praise for a six-week offensive

against militants in the Bajur tribal -

region that Pakistani officials say

has killed 700 suspected insurgents ©

and about 40 troops. Troops backed

by warplanes killed 15 more alleged

sale starts Saturday, September 13"

militants Tuesday, officials said:

Jn the same timeframe, there has
been a surge in missile strikes appar-
ently carried out by unmanned U.S.
drones. Such attacks killed at least
two senior al-Qaida commanders
earlier this year.

All of those strikes have been well
to the south of Bajur, in areas where
Pakistani authorities have sought
peace deals in order to gain respite
from militant-attacks.

_ Abbas said that while they were
tackling the "mega-sanctuary" in

Bajur, they didn't have the forces
to fight militants across the tribal
belt all at one time. At least two oth-
er areas have been earmarked for
military operations, he said.
Jalaluddin Haqqani, a formidable
Taliban commander whose relatives
were reportedly among the dead in
one of the recent missile attacks,
was definitely in Afghanistan, he

- added.

Abbas denied the new order had
been put into practice before dawn
on Monday, when U.S. helicopters
reportedly landed near Angoor Ada
only to fly away after troops fired
warning shots.. ‘

Abbas insisted no foreign troops
had crossed the border and that
"trigger-happy tribesmen" fired the
shots. Pakistani troops based nearby
fired flares to see what was going
on; he said.

The U.S. military in Afghanistan
said none of its troops were
involved.

Associated Press writers Nahal
Toosi in Islamabad, Habib Khan in
Khar, David Stringer in London, and
Lolita Baldor in Washington con-
tributed to this report.: °

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THE TRIBUNE

IHURSVDAY, SEPTEMBER 18, 2U08, PAGE 1Y



INTERNATIONAL NEWS |

MOVES TO PORTRAY RUSSIA AS THE AGGRESSOR IN LAST MONTH’ S WAR

Georgia:

Intercepted

calls prove
self-defence

@ By STEVE GUTTERMAN
TBILISI, Georgia

In a bid to portray Russia as
the aggressor in last month's
~war, Georgia has released
recordings of what it says are
two intercepted cell phone calls
purporting to show that
Moscow invaded before Geor-
gia's offensive against South
~ Ossetia, according to the Asso-
ciated Press.
The recordings released
», Tuesday, if authentic, will not
* cut through the fog of the final
‘ hours when escalating tensions
. burst into war. But President
‘Mikhail Saakashvili hopes they
will help dispel a dominant nar-

rative that says his country was °

on the attack. He said they
prove Russian tanks and troops
entered South Ossetia many

hours before Georgia began its ©
offensive against separatist .

forces.
"Evidence in the form of tele-
* phone intercepts and informa-
tion that we have from numer-
ous eyewitnesses conclusively
prove that Russian tanks and
armored columns invaded our
territory before the conflict
began," Saakashvili told
reporters.
‘intercepts last less than two
“ minutes. But so far, they are
“Saakashvili's best argument in
~_his bid to turn the tables against
»* Russia. :
_ Since the war that killed hun-
* dreds of people and drove near-
4 ly 200,000 from their homes,
““Moscow.has relentlessly cast
Saakashvili as an unstable .
‘leader who struck first, forcing a
éresponse.
' Saakashvili says he tried to
; ease tensions with a unilateral
cease-fire, but that Russia's
_leaders had made up their
minds. .
"It looks like the decision had

been made in Moscow prior to -

that, and nothing was going to
“change it on the ground,"
” Saakashvili told The Associated
‘Press.
“Russia has always cast Geor-
gia as the aggressor, saying it
« only responded militarily to
‘defend Russian citizens and
“peacekeeping troops in South
Ossetia from a Georgian offen-
sive that began late on Aug. 7.
Georgia says the intercepted
phone calls show Russian forces

entered South Ossetia before °

dawn that day.
The calls are between a South
Ossetian border guard at the
‘southern mouth of the Roki
tunnel, which leads across the
-;,mountainous border from Rus-

Together, the two purported .

« differences that did sic

sia into the separatist Georgian
province, and another guard at
headquarters in the regional
capital, Georgia says.

The recordings were first
released to The New York
Times, which reported their
contents Tuesday. A Georgian
Interior Ministry official, Shota
Utiashvili, played two of the
recordings for the AP and pro-
vided printed English transla-
tions from the original Osset-

ian. -: ‘

In the’ first call, which pur-
portedly began at 3:41 a.m. on
Aug. 7, the South Ossetian
guard at the tunnel says "they
have moved armored person-
nel carriers out and the tunnel is
full."

In the next call, about 10 min-

utes later, the guard says that .

“armor and people" had
emerged from the tunnel about
20 minutes earlier.

Asked whether there was a
lot of armor, the guard says,
"Well, tanks, BMPs’-and those
things."

BMPs are armored person-
nel carriers. The tunnel is more

than two miles long.
The authenticity of the.

recordings could not immedi-
ately be verified.

Utiashvili said Georgia began
monitoring the phones of South
Ossetian militia in 2004 and had
"hundreds of telephones under
surveillance."

The Times said it had done
its own translation of the audio
files.

The newspaper's translation

was similar to.the translation

-sprovided by Georgia, with slight
appear
to change the meaning.

Russian Foreign Ministry
spokesman Andrei Nesterenko
‘dismissed the Georgian claim
as "not serious.'

He said any major troop
movements would have been
easily tracked by satellites used
by NATO nations.

"I would be grateful if they
provide such satellite data to us
and the entire global commu-
nity, provide specific data,"
Nesterenko said sarcastically.
"Allegations that they have
eavesdropped on someone and
heard something are simply not
serious. '

Saakashvili, a U.S. ally who is
seeking NATO membership for
Georgia, said his government
has asked NATO nations to
examine satellite imagery.

Asked why Georgia had not
released the purported inter-
cepts earlier, he said they were
initially believed to have been
lost "during the heat of the war"



GEORGIAN PRESIDENT Mikhail Saakashvili chairs a government ses-
sion in Tbilisi, Georgia, Friday, Sept. 12, 2008. A popular former ally of
President Mikhail Saakashvili questioned the wisdom of last month's
war with Russia, calling for a "conversation" in his homeland about
whether the conflict could have been avoided.

e



“Rvidence i in the form of

‘telephone intercepts and

information that we have from
numerous eyewitnesses
conclusively prove that

. Russian tanks and armoured

columns invaded our territory

before the conflict began.”



Mikhail Saakashvili

but were later found.
Georgia has provided the
West with the intercepts and

‘other information, he said, and
-would welcome an investiga-

tion.
In Washington, Defense

Department spokesman Bryan’

Whitman did not respond
directly to the question of which

side was in South Ossetia first.

"I don't think anything
changes — this was a hostile"
move by Russia; he said. "The
operative point is that Russia
invaded territory of Georgia."-

Saakashvili also stressed that
point.

"This is our country, we did-
n't go to Vladikavkaz, we didn't





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RUSSIAN FOREIGN MINISTER
Sergey Lavrov, left, and leader
of Georgian breakaway region
of South Ossetia Eduard
Kokoity speak during a joint
news conference in Tskhinvali
on Monday, Sept. 15, 2008.
Sending troops deep into
Georgia and recognizing the
separatist regions of South,
Ossetia and Abkhazia as inde-*
pendent nations, the Kremlin
raised the stakes in the strug-
gle with the West for regional
influence, and underscored its
determination to halt NATO's
expansion.

’ AP Photo



VISITING NATO SECRETARY GENERAL Jaap de Hoop Scheffer leaves a

car to meet Georgian President Mikhail Saakashvili, unseen, in Tbilisi on

Monday, Sept. 15, 2008. De Hoop Scheffer said last week that NATO wants —

to show support for Georgia after Russia's use of "disproportionate force"

against its much-smaller neighbor. Russia objects strenuously to having

Georgia join the Western military alliance, an opposition that was under-
- scored last month when Russia defeated Georgia in a war.

go to Moscow, we didn't go to,

Siberia," he said.’""They came
here." Russia had 500 peace-

keeping troops in South Ossetia .

before the war, so the mere
presence of Russian forces in
the region is not damning. But
Saakashvili angrily rejected
Russian suggestions that the
forces in the tunnel were part of
a peacekeeping rotation.

"You don't send in peace-

keepers late at night with
tanks," he told the AP. "Tanks
are not peacekeeping vehicles.
You warn about peacekeepers
beforehand and we had official
notification from the Russians
that next peacekeeping (rota-
tion) was going to happen end
of September."

The U.S., European Union:

and NATO have accused Rus-
sia of using disproportionate
force and are demanding it
withdraw its forces to pre-con-
flict positions in, accordance

‘ with the cease-fire.

Western government

acknowledge Georgia launched
an offensive against the city of
Tskhinvali. But they stress that

Georgia was under increasing
pressure amid growing Russian
support for the separatist gov-

ermments of South Ossetia and
_ another breakaway region,

Abkhazia.

Rather than the final hours
before war, "More important is
to focus on what was happening
over a couple of years," said the
U.S. ambassador to NATO,
Kurt Volker, who was in Geor-
gia with a NATO delegation.

He referred to economic and

‘diplomatic moves targeting

Georgia in addition to "the
massing of forces in the North
Caucasus" — in Russia near the

- Georgian border.

"No matter how we end up
parsing out those few hours in
the early morning of Aug. 7,
Georgia was responding to a
long period of Russian pressure,
including violence that was
going on, with shelling from
South Ossetians," Volker said.
"(Georgia) made the decision
to go into Tskhinvali, which was
the trigger the Russians were
looking for to launch this pre-
planned invasion."


t

PAGE 20, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



INTERNATIONAL NEWS

United Nations: 1,445 Afghan

civilians killed in 2008 violence ©

q :
@ By JASON STRAZIUSO
KABUL, Afghanistan

The United Nations said
* Tuesday that 1,445 Afghan civil-
ians have been killed so far this
year in attacks by insurgents or
U.S.- and NATO-led forces — a
40 percent increase over 2007,
according to the Associated
Press.

Exactly 800 of the deaths, or
55 percent, were caused by Tal-
iban fighters and other insur-
gents, the U.N. report said. It
said that was almost double the
462 civilian deaths attributed to
anti-government fighters in the
first seven months of last year.

U.S., NATO and Afghan
troops killed 577 civilians, or 40
percent; including 395 deaths
caused by airstrikes, the report
said. That was up 21 percent
from the 477 deaths that the
U.N. said were inflicted by pro-
government forces in 2007.

An additional 68 civilians
died in crossfire or other inci-
dents for which U.N. officials
couldn't determine responsibil-
ity, the report said.

The U.N. did not say how its
human rights monitors collected
statistics on combat deaths, dis-
cuss its sources of information
or their reliability, or say how it
confirmed a death involved an
innocent civilian and not an
insurgent fighting without a uni-
form. :

+ President Hamid Karzai has
long complained that civilian
deaths. caused by U.S. or
NATO military action under-
mine his government and the
international mission.

The issue was propelled to.

the forefront of U.S.-Afghan
relations when an Afghan com-
mission found that an Aug. 22
U.S.-led operation in the west-
ern village of Azizabad killed
90 civilians, including 60 ‘chil-
dren. That finding was backed
by a preliminary U.N. report.
Karzai's spokesman told The
Associated Press on Sunday
that the raid didn't kill "a single
Taliban," and that it had

PARAGIGE GLAND.

ATLANTIS

ent: 10 am - 10 pm.

strained U.S.-Afghan relations.
Spokesman Humayun
Hamidzada said the U.S. acted
on false information provided
by a rival tribe.

The United Nations said its
count included 92 civilian
deaths attributed to the Aziz-
abad operation, although the
US. is still investigating the inci-
dent.

Not only civilian deaths are
up. The killing of two American

‘soldiers Thursday raised the

number of U.S. military deaths
in Afghanistan this year to at
least 113, surpassing the previ-
ous yearly high of 111 recorded
in 2007.

With violence escalating,
Gen. David McKiernan, the
senior U.S. general in
Afghanistan, said Tuesday that

‘he is fighting the war with too

few ground troops. He said the
shortage compels him to rely
more.on air.power, at the cost
of higher civilian casualties.

The U.N. said 330 civilians
died in August alone.

"This is the highest number
of civilian deaths to occur in a
single month since the end of
major hostilities and the ousting
of the Taliban regime at the end
of 2001," U.N. human rights
chief Navi Pillay said in a state-
ment.

Pillay called for greater trans-
parency in accountability pro-
cedures for U.S. and NATO
forces involved in civilian casu-

alties.
A record number of U.S. and
NATO troops are in

Afghanistan — meaning more
troops to carry out more mis-~
sions — and the use:of airstrikes
has spiked this year. There are
more than 65,000 international
soldiers in Afghanistan, includ-
ing some 33,000 American per-
sonnel.

Still, increasingly violent
insurgents were responsible for
the majority of civilian deaths,
the U.N. stressed.

Many of the Afghans killed
were simply in the wrong place
at the wrong time, when insur-



THIS PHOTO TAKEN by a cell phone on Aug. 22 obtained by the Associated Press Tuesday Sept: 9, 2008, shows an Afghan child who was alleged-



AP Photo/HO



ly killed during a US- led raid in Azizabad village of Shindand district of Herat province west of Kabul, Afghanistan. The bodies of at least 10 chil-
dren and many more adults covered in blankets and shrouds appear in pictures obtained by The Associated Press, lending weight to Afghan and
U.N. allegations that a U.S.-led raid last month killed more civilians than the U.S. reported. ,

gent suicide bombers detonated
their explosives or when road-
side bombs went off in trying
to attack military targets.

But the U.N. also said mili-
tants are increasingly targeting
Afghans that the insurgents sus-
pect of working with Karzai's
government or international
military forces. It counted 142
summary executions 'conduct-
ed by the Taliban and their

allies. "There is substantial evi- .

dence indicating that the Tal-
iban are carrying out a system-
atic campaign of intimidation
and violence aimed at Afghan
civilians they believe to be sup-
portive of the government, the
international community, and
military forces," Pillay said.



After the bombing in Azizabad,
the Afghan. government
announced it would review its
"status of force" agreement
with the U.S. and NATO and
review. whether to demand an
end to airstrikes and operations
in Afghan villages.

AUS. military review found
that up to 35 Taliban fighters
and seven civilians died in the
raid. But after video of Aziz-
abad surfaced showing dead



children and dozens of bodies,
the U.S. said it would send a
one-star general from the Unit-
ed States to investigate.
Afghanistan's Interior Min-
istry, meanwhile, said Tuesday
that militants had killed 720
police officers over the last six
months. In all of 2007, militants
killed about 925 police — mean-
ing the pace of attacks this year
has increased. ith
Afghanistan's 80,000 police

have less training and less fire-
power than the Afghan army,
making them a favorite target
for militants. Police officers also
travel in small groups through
some of Afghanistan's most
dangerous territory. More than
4,200 people — mostly militants
— have died in insurgency-
related violence this. year,
according to an Associated
Press tally of figures from
Afghan and Western officials.

AP Photo/Musadeq Sadeq



AN ITALIAN SOLDIER of the NATO-led International Security Assistance Force (ISAF) stands guard on the

main road following a suicide car bomb attack on the out skirts of Kabul, Afghanistan, Saturday, Aug. 30,
2008. A suicide bomber in a vehicle attacked a foreign military convoy west of the Afghan capital Satur-
day, but no troops or civilians were killed, a provincial police chief said.



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THE TRIBUNE FRIDAY, SEPTEMBER 19, 2008, PAGE 21



THURSDAY EVENING SEPTEMBER 18, 2008

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

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FSNEL- {ay MLB Baseball Houston Astros at Florida Marlins, From Dolphin Stadium in Miami. [Inside the Mar- |The FSN Final .
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LIFE Brian outworks {competes for at- |Kyra’s e-mail gets| Crystal, Meg Fyan, Carrie Fisher. Two romantically bruised New Yorkers
Bill. (CC) —_|tention. (CC) jhacked. 0 become close friends. (CC) :
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MSNBC [7° fram Pe tee
Drake & Josh |My Family’s Got SpongeBob — |Home Improve- |Home Improve- |George Lopez |George Lopez
NICK [Gg bts Ny ISquaePants c\|ment crc) |ment (Cc) |v (ec) A cc)
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Motor Speedway in Las Vegas, _—|Fla.
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Joni and Behind the Michael Youssef |Bishop T.D. —_|This Is Your Day |Praise the Lord (CC)
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oussef.

Everybody Friends Ross [Friends Ross | * U.S, MARSHALS ia Crime Drama) (PA) Tommy Lee Jones,
TBS Loves Raymond |drinks too much gets astrange- |Wesley Snipes, Robert Downey Jr. Sam Gerard gets caught up in another} .
nc wine at dinner. looking tan. © |fugitive case. (CC) (DVS) ‘

(00) LAInk —/Overhaulin’ “The Marks Return: [American Chopper (N) © (CC) {Street Customs ‘History in the
TLC ce Secret” Chips ie Revisiting memorable Making” Carroll Shelby. (CC)
uilds, , ,

=——




(:00) Law & Or- | %«% GOOD WILL HUNTING (1997, Drama) Matt Damon, Robin Williams, Ben Affleck. A} x * % % GOOD
TNT der “Hate” © —_|young Boston man must deal with his genius and emotions. (CC) WILL HUNTING
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Johnny Test 1 Misadv. of Flap- Total Drama Is- |Johnny Test © Total Drama Is- |Total Drama Is-
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TRU fice (\) fice (N) Dumbest ‘Criminals 2

TV5 wo Pékin express “Chengde” —_|Envoyé spécial “Le Pouvoir d'achat” Le pouvoir dachat reste la préoccu-|Design Chez
vant-derniére étape. pation majeure. Nina Ricci.

TWC (:00) Abrams & Bettes: Beyond the Forecast Weather: Evening Edition (co)




:00) Querida Al Diablo con Los Guapos Mila- Latin Grammy Celebra Jose Jose Univision y la Academia de
UNIV nemiga gos y Hoan enfrentan lamal- |Grabacién Latina honran a la superestrella. :
ad, y la mentira.

:00)House — |House “Three Stories"Awoman — |House While House works to save |Burn Notice A man-pressures a
USA Love Hurts” from Dr. House’s bie returns, look- |Stacy’s husband, he must deal with. |manager at an armored car compa-
(CC) ing for his help. (CC) his feelings for her. ny into giving information. (N)
VH1 (:00) 40 Dumbest Celeb Quotes Ever Celebrities ut- |Fabulous Life Of... “Super Spoiled |Glam God With Vivica A. Fox Rev-
ter bizarre or incorrect phrases. 1 (CC) Stage Moms” 1 (CC) Olutionizing the past. (N) (CC)

vs The World of |%% BLOODSPORT (1988) Jean-Claude Van Damme, Donald Gibb.A |The Contender Muay Thai
" Beretta (CC) — |Westerner wins a martial arts competition in Hong Kong. ;

ea MLB Baseball Chicago White Sox at New York Yankees. From Yankee Stadium in the |WGN News at Nine (N) © (CC)

=| mm





WGN ronx, N.Y. (Live) 1 (CC) '
Family Guy |Smaliville “Odyssey” The Justice {Supernatural “Lazarus Rising’ _- |CW11 News at Ten With Kaity
WPIX (CC) ‘League heads to the Arctic to look Dean awakens ina pine box, freed |Tong, Jim Watkins (N) (CC)
for Clark. (N) (CC) from hell. (N) (CC) \ '
Jeopardy! (N) Dr. Phil 4 (CC) . - |WBZ News (N) {Phantom Frasier Dr. Joyce |Frasier Frasier
WSBK (cc) Gourmet Brothers helps and Niles want
; rasier. posh tickets. 0
PREMIUM CHANNELS a :

: a True Blood-|True Blood “The First Taste” Bill re- | x x SNAKES ON A PLANE (2006, Horror) Samuel L. Jackson, Kenan
HBO-E ings: ANew —_ |turns Sookie's favor by rescuing her.| Thompson, Julianna was: An FBI agent contends with a swarm of
Type (CC) 0 (CC) : deadly serpents. 1 ‘R’ (CC)

6:30) * *% THE BOXER 997, | %*% MICHAEL CLAYTON (2007, Drama) George Clooney, Tom

HBO-P rama) Daniel Day-Lewis, Emily {Wilkinson Tilda Swinton. A fixer at a large law fim does his employers’ |September pro-
Watson, Brian Cox. 1 ‘R’(CC) —_|dirty work. 0 'R’ gramming. (CC)

(CC)
(:15) % &% THE ASTRONAUT FARMER (2007, Dra- |REAL Sports With Bryant Gumbel |True Blood- ta True Blood-
HBO-W _ |ma) Billy Bob Thorton. A space-obsessed rancher | (CC) Lines: Vampire |Lines: A New
builds a rocket in his barn. 1 ‘PG’ (CC) Legends (CC) | Type (CC)

a % x FRACTURE (2007, Suspense) Anthony | * % THE DEVIL WEARS PRADA aa Comedy) Meryl Streep, Anne
HBO-S ni ins. A prosecutor plays a cat-and-mouse game Hathaway, Adrian Grenier. A recent college graduate lands a job at a
with a dangerous suspect. 1 'R’ (CC) fashion magazine. 1 ‘PG-13' (CC)





What to Watch








a 4; THE] x « & THE BOURNE ULTIMATUM (2007, Action) Matt Damon, Julia | %% DREAMGIRLS (2006) ;

MAX-E EPLACE- Stiles, Joan Allen, Jason Bourne continues to look for clues to unravel his |Jamie Foxx. Three singers learn ’ Ye

MENTS (2000) ? Dh, i,
:10) & & x THE LAST KISS (2006, Comedy-Drama) | * x * BREACH (2007, Suspense) Chris Cooper, Ryan Phillippe, Laura - ee] ta”_g” SEL ET

MOMAX rey Braff, Casey Affleck, Michael Weston. Pion Linney. A young FS amniiee mit prove tal an ener agent is a i e G ift C e rti f ; C at e ce
ee % % DAD-|(:15) %* % SCHOOL FOR SCOUNDRELS (2006, Romance-Comedy) Bil- ,

SHOW s[DY'SLITTLE. {ly Bob Thornton, Jon Heder, Jacinda Barrett. iTV. A professor and a stu-

. 6:15) & %% THE) % %% DEVIL IN A BLUE DRESS (1995, Mystery) Denzel Washington, _|SPLINTER iene Tom Sizemore.
TMC OOD WIFE —_|Tom Sizemore, Jennifer Beals. A detective scours 1948 Los Angeles for a Members of Los Angeles gangs turn

true identity. O ‘PG-13' (CC) that fame has a high price. (CC)
come to terms with turning 30. 1 ‘R’(CC) mole. 1 'PG-13' (CC
oe Mithown ue or oe ° Pre
orders Mike |Borders Mike Oe ee
GIRLS (2007) —_|dent love the same woman. 1 ‘PG-13' (CC) Winfield. (N) Winfield. (CC) ee ie m ake £ re at 8 i fts ' oe
(1986) ‘R’ mysterious woman. 1 ‘R’ (CC) up tortured and dead. ‘R’








PAGE 22, FRIDAY, SEPTEMBER 19, 2008

THE TRIBUNE



CALVIN & HOBBES

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several given numbers. The object is to place the numbers 1 to °
9 in the empty squares so the each row, each column and each
3x3 box contains the same. number only once. The difficulty
level of the Conceptis Sudoku increases from Monday to



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Best described as a number crossword, the task in Kakuro is to
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each horizontal block equals the number to its left, and the sum
of each vertical block equals the number on its top. No number
may be used in the same block more than once. The difficulty
level of the Conceptis Kakuro increases from Monday to Sunday.







©2008 Conceptis Puzzles, Dist. by King Features Syndicate, Inc.

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5 threatens a simple mate in two by South and Siitham stations,

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Skyscape, 19 Eiffel, 20 Choir, 21
State, 22 Store.



For keeps, 19 Allure, 20 Dante, 21
Rowan, 22 Heady.





Declarer played low from dummy,
taking East’s ten with the queen. He
next played a club to the king, but
when East wisely held up his ace and

Across Down i
; i range regal regnal
1 Unbeliever is at the 1 She is along i
assembly (7). » time around
5 Having members the North (5)
carrying ; ' 2 He takes the lot (7,6) a
weapons (5) ; 3. Indolence shown in a rite, fed
‘ "1
8 Unimportant Arab chiefs, perhaps (7) Patek Sikes] safe
we hear (2,5,6) 4 Carries about a thousand P| | Look Before You Lea p
9 Had the odour of fish (5) emblems (6) ; eed Pete ol eo [a Pveacle desalics
10 Time taken by a secretary 5 Like a layer of wood (5) North dealer. also ducked the next club, South
7 . | sl 4 hd ee ou led Neither side vulnerable. found himself in dire straits. He
y) : ‘ ee an ere NORTH could establish the club suit if he
11 Catch 10 out with a quick busy? (4,6,3) alte PP eae acatiead corked cee in @Al4 wanted to, but since he had no subse-
blow (6) 7 Retired from employment? ed Pal a ea = A La re 2 4 haat sig a ae ee
Â¥ uSsINess. SO! 5 )
12 Indeed upset when (7) = #K 102 down two.
refused (6) 11 Show part of the evidence a, dee ee ael Pe oped) all“ fie WEST EAST The sad part of the affair was that
ae : @Q73 @K986 nothing could have stopped declarer .
15 The rain disturbed the in court (7) V¥K9763 ¥102 from making nine tricks if he had
lock-keeper (7) 13. Deliberate destruction of. Ww Across pown 594 #Q1052 played the hand correctly. All he had
: _ ad 1 Aconifer (7) 1 Intersect (5) #64 #A 83 to do to assure the contract was to
17 As a guardian, he was fab- character, maybe (7) SOUTH lay the ace of hearts from dummy at
. ; N 5 Amonastic superior 2 Chance to be pros- play a my
ulous (5) 14 Produced in a dramatic N (5) (5,2,3,3) $1052 trick one, resisting the temptation to
as : d — Perous (9,2,9, ¥QI4 let the lead run to his hand. By doing
19 Promising gardening corre- way (6) Oo. 8 Extensively (2,1,5,5) 3 Model (7) #86 so, he would have preserved the Q-J
spondent? (7,6) 16 One is disturbed by it (5) 9 Precipitous (5) Ai Fernananle (6) &QI975 of hearts, one of which was certain to
20 Fit sound project (5) 18 She would pack a right in - : ‘ The Didkting: provide him yith an entry to his
a wee 9 ” 10 Radio aerial (7) 5 Valuable attribute (5) | North Kast South West clubs later on.
21 Imagined me in terror (7) a scrap (5) LL h d ion (13 3 NT declarer plays clubs until the ace is
pmoure session (13) Opening lead — six of hearts. dislodged. Regardless of which
‘ F ; : teasing (6) 7 Curative treatment defender wins the club, no return can
Yesterday’s Cryptic Solution Yesterday’s Easy Solution 12 Unequivocally (6) (7) After you’ve played bridge a prevent declarer from scoring fous
: hil learn — usud iamonds, tw
Across: 1 Stoat, 8 Dr Jekyll, 9 Islet, Across: 1 Pilot, 8 By chance, 9 15 Shakespearean 11 Uncouth (7) biter op Bees ee oe cei aoe oe -
10 Eye-teeth, 11 Faust, 12 Rep, 16 Pluto, 10 Up in arms, 11 Cagey, 12 tragedy (7) 13 Middle East country — action plays should be carefully A heart return establishes an
Nicole, 17 Eureka, 18 Vet, 23 Chest, Gab, 16 Guyana, 17 Option, 18 Pay, 47 gc ootich poet (5) (7) avoided. There is no reward for entry to the closed hand immediately,
24 Hot stuff, 25 Ducal, 26 Internee, 27. 23 Works, 24 Above all, 25 Riven, 5 speed in bridge, and long experience while a diamond return allows
Jewel. 26 To and fro, 27 Tease, 19 Flimsy (13) 14 Ahand-beaten drum shows that it’s far better to think first declarer to win in dummy and estab-
Down: 2 Tasmania, 3 Aversion, 4 Mr Down: 2 In league, 3 On the way, 4 20 Conveniently (3-3) of what you’re about to do before _ lish the heart entry himself. A spade
Hyde, 5 10th, 6 Lyres, 7 Aloha, 12 Myopia, 5 Chink, 6 Snare, 7 Sense, near (5) 16 Foyer (5) you actually do it. return similarly causes no problem,
Rev, 13 Pet, 14 Archduke, 15 12 Gap, 13 Boy, 14 At no time, 15 a Consider this deal where West led since the 10-5-2 facing dummy’s A-
21 Administrator (7) 18 Of the sun (5) a heart against three notrump. J-4 assure South that, no matter

which defender wins the club and
shifis to a spade, he has the necessary
intermediate cards to assure the con-
tract.

Tomorrow: Avoiding a finesse.
©2008 King Features Syndicate Inc.
THE TRIBUNE THURSDAY, SEPTEMBE 23









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PAGE 24, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



INTERNATIONAL NEWS

Probe finds flap
failure on doomed
Madrid plane

@ MADRID, Spain

WING FLAPS that help lift a
dlane on takeoff failed on the
Spanair flight that crashed last
month and an alarm to warn
pilots of the problem never :
sounded, according to an initial :
report Tuesday on the accident :
that killed 154 people, accord- :
ing to Associated Press. i

The investigators did not say :
whether they believe the flap :
problem caused the Aug. 20 }
crash that killed all but 18 aboard ;
the MD-82. They offered no the- :
ory on what triggered Spain's :
- worst air disaster in 25 years.

Investigators also said they :
needed to further study a mal- :
function of an air temperature :
gauge outside the cockpit, which :
forced the pilot to abandon a :
first attempt at takeoff just :
before the crash. Spanair has :
described it as a minor glitch that :
was resolved by turning off the :
gauge because it was not essen- :
tial equipment. :

However, the report said the :
faulty gauge might be linked to }
the failure of the cockpit alarm :
horn, which is supposed to sound :
when a departing plane is not :
properly configured to get off :
the ground. :

The findings were drawn from :

the flight data and cockpit voice : '

recorders which showed no evi-
dence of problems with the :
plane's two engines. :

A Spanair official declined to }
comment on the report. i

_ The investigation found wing :
flaps — moveable panels.on the :
trailing edge of a plane's wings :
that provide extra lift during :
takeoff — failed to extend. But :
the pilots were unaware of the }
problem because the cockpit :
,alarm did not go off. :

The flight data recorder :
revealed that from the time the :
engines started on the runway }
until the crash, sensors measur- :
ing the position of the flaps gave :
a reading of zero degrees, which :
means they did not extend as }
they were supposed to. :

A loud horn should have gone :
off in the cockpit; but "the cock- :
pit voice recorder registered no :
sound from the takeoff warning :
system," the report said. i

Some ofthe 18 survivors have :
said the plane struggled to.gain :
speed and altitude during take- :
off. The report ‘says the plane :
only got 40 feet off the ground. }

BLACK
SWAN

% ac rai ge 1p!



@ HARARE, Zimbabwe

ZIMBABWE'S prime min-
ister-designate said Tuesday
he does not trust longtime
ruler Robert Mugabe but
believes he is committed to
their new power-sharing deal.

In an interview with The
Associated Press, Morgan
Tsvangirai also said he
believes the international
community will rally to help
end Zimbabwe's political and
economic crisis, which has
spawned hyperinflation and
sent thousands fleeing to
neighboring South Africa
every day.

Mugabe ceded some power
in Zimbabwe for the first time
in 28 years, signing a power-
sharing deal with Tsvangirai

and a leader of a splinter’

opposition faction Monday.
"The deal as far as we are

concerned is the best thing for _

the country," Tsvangirai said
at his home in the capital.

"We will be able to work with- ,

in the deal to achieve the nec-

-essary transformation."

Meeting with reporters for .
_ his first interviews since sign-
‘ ing the deal, the 56-year-old

Tsvangirai looked confident
but tired as he spoke about
the hard work ahead.

Under the pact, already crit-
icized by other opposition
leaders, Mugabe remains pres-
ident and head of government,
chairing the Cabinet. Tsvan-
girai will be prime minister
and head of a new Council of
Ministérs responsible for
forming government policy.
He is deputy chairman of Cab-
inet.

The new government is
expected to be sworn in this
week. _

'. Long-simmering, bitter dif-
ferences and the nation's eco-
nomic collapse — inflation is
officially running at 11 million

S MULTIPLE MEDALS AT |
B 2008 MONTEREY COMPETITION |



MORGAN TSVANGIRAI speaks at his home a day after the historic signing of the power sharing deal which saw him becoming the new

Tsvangirayi Mukwazhi/AP



Prime Minister of Zimbabwe in Harare Tuesday, Sept, 16, 2008. According to some government officials the power sharing deal, ending

months of anguished negotiations, gives the opposition cont

conian security and media laws a priority.

percent — put the deal under
intense pressure. ©
Tsvangirai was asked if he
trusted Mugabe.
"Ask me a generic question
and I say 'No' because of the
experience I have had with

- him;" he responded. "(But) I

trust he is committed to this





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agreement, I trust he wants
this deal as much as we do.
He wants to move forward
because it is part of his lega-
In the decade that he has
opposed Mugabe, Tsvangirai
has been tortured, detained
repeatedly and went through a
treason trial with a possible
death sentence.

On the windowsill in his
home office a sign reads: "I
wish a long life to my enemies
so they may see all my suc-
cesses."

Tsvarigirai said the support
of international community as
well as financial institutions
such as the World Bank and
the International Monetary
Fund is "essential for creating
international confidence."

"This is the beginning of
building the necessary confi-
dence for investment and aid.
We are confident that we will
be able to lay the groundwork
for encouraging people
(investors and aid agencies)
to come to the country," he
said.

Wary Western leaders say
they are waiting for the new
government to prove its com-
mitment to democracy.

U.S. Ambassador James
McGee told the AP the Unit-
ed States is adopting a "very

- careful wait-and-see stance"

sabout the. power-sharing
agreement.

"If this works out the way
Mr. Tsvangirai hopes it will,
we will be very willing to work
with the people of Zimbab-
we," McGee said.

He said Washington is com-
mitted to doing what Tsvangi-



AFRICAN LEA

WV.

rai has requested — "taking

care of food insecurity prob-
lems" of Zimbabwe's people.

The International Red
Cross estimates more than 2

_million people are hungry in

Zimbabwe, and that the num-

' ber is going to rise to 5 mil-

lion, about half the popula-
tion, by year's end. ,

"We will step forward, we
have food in country, in the
region and food on the high
seas destined for Zimbabwe,"
the U.S. envoy said.

McGee added that Zim-
babwe's new government
needed to ensure that non-
government organizations
have access so they can deliv-
er the food. Only last week,
Mugabe lifted a monthslong
ban on organizations deliver-
ing food aid after accusing
them of favoring the opposi-
tion.

Besides getting food to hun-
ery Zimbabweans, Tsvangirai
said his priorities are to build
a more democratic society and
free the media. State abuse of
power "has to go," he said.

The deal has been criticized
privately by some in the oppo-
sition who are unhappy that
it gives Mugabe too much

power. They fear he will |

exploit that, especially by play-
ing on tensions between the
two opposition groups.

Also critical is the Zimbab-
we Congress of Trade Unions,
which brought Tsvangirai to
prominence. It said the agree-
ment had been negotiated
only by politicians without
input from civil society, that
it did not respect the March
presidential election in which



sc pee

DERS from left, President of Zimbabwe, Robert Mugabe, King Mswati II! of Swaziland, Thabo

rol of cabinet and police who have terrorized them and makes removing dra-

Tsvangirai and his party won
more votes than Mugabe, and
did not provide for a transi-
tional government to organize
new elections.

The agreement provides for
a new constitution to be
drawn up and a referendum
on it to be held within two
years. .

Tsvangirai tried to allay
fears that the agreement will
bring government paralysis.

"It is work in progress, It
has not dawned on people
how much hard work there is
to do," he said.

The agreement provides for

31 ministers — 15 nominated™
by Mugabe's party, 13 by.
Tsvangirai and three by

Arthur Mutambara, leader of
a smaller opposition faction..

Parties have started talks on.

allocating Cabinet posts.
Tsvangirai said the matter
would be resolved by VYednes-
day.
Opposition leaders want the
Home Affairs Ministry that

would give them charge of the

_ police who have terrorized

them and their supporters this
year, and Mugabe would
retain the Defense Ministry.
Tsvangirai said he faced a
range of emotions at Mon-
day's signing ceremony.
"People have traveled this
long road," he said. "In this
conflict of emotions, should
we celebrate or restrain our-
selves: because of the uncer-
tainty of the future?"
Tsvangirai decided to focus
on the future, adding that he
was "really moved by the
mood of the people and the
hope that is in the people."

Tsvangirayi Mukwazhi/AP

penne eens





Mbeki, of South Africa, Morgan Tsvangirai, new Prime Minster of Zimbabwe, Jakaya Kikwete of Tanzania ,
Armando Gebuza of Mozambique and Namibian President Hafikepunye Pohamba at the signing of the power
sharing deal between President Robert Mugabe and Morgan Tsvangirai in Harare Monday, Sept, 15, 2008.
Thousands of supporters of Zimbabwe's rival political parties pressed into the compound where their leaders
just signed an historic power-sharing deal to cheer the leaders. Police first tried to keep out the crowds Mon-
day, firing warning shots and using riot dogs. But that became impossible once the gates had been pushed
in, and the crowds calmed once they were inside.

Zimbabwe leader: Power |
sharing is best for nation

—b—






SES = B

Retailer: 100% theft
level growth in ‘08

i

@ By NEIL HARTNELL
Tribune Business Editor

major Bahami-

an food retailer

yesterday told

Tribune Busi-

ness that the

level of stealing it was suffer-

ing - both staff and customer

theft - had increased by 100 per

cent over the last six to nine

months, its president attribut-

ing part of the rise to the wors-
ening economy.

Gavin Watchorn, Abaco
Markets’ president, said:
“We’ve seen what I can only
describe as an explosion in theft.
Literally, we are seeing five to
10 cases a week, both customer
and staff theft.

“Just last week, we had to ter-
minate a total of seven to nine

City Markets projects sales dip to $137m

@ By NEIL HARTNELL
Tribune Business Editor

BAHAMAS Supermarkets
management are projecting

that sales for the company’s:

2009 financial year will drop
~ slightly below the $140 million
norm to $137 million, due to
the declining*economy, with
the firm’s return to profitabili-

ty dependent on enhanced cost _

containments.. \
Addressing the company’s
annual general meeting

Bahamas must ‘

~~ STREET

THURSDAY,

SECTION B e Metecleriitcac emi

staff at one ‘of | 3

the stores
because they
were either

involved in run-
ning a theft ring,
or they were |@
aware of it and
did not bring it |4
to anyone’s

attention, which Watchorn

_ is just as bad.”

Mr Watchorn.
said it was not just high-value,
luxury items such as TVs and
digital cameras that were being

stolen, but basic everyday food °

items as well.

He said that in one case, Aba-
co Markets caught one old man
trying to steal cabbage valued at
less than $1. Saying he would
have given it to the man had he
asked, Mr Watchorn said: “It’s a




SEPTEMBER





18,

2008,






Money Safe.
Money Fast.

at

‘|® Bank of The Bahamas

“WINTERNATIONAL

* Abaco Markets chief says ‘drastic’ increase in internal and
customer stealing made by worse by economy downturn
* $3m of $10m projected City Markets loss attributed :
to shrinkage rise, with chain having let go almost.
one in 20 staff for alleged theft
* Employers fail to get justice against rogue workers
* Abaco Markets sees doubling of staff requests
for loans and pay-day advances |

sign of the economy and how
the average person is hurting.”

Apart from resulting in lost
sales, profits and reduced share-
holder value, the Abaco Mar-

One analyst ‘shocked and unsettled’
by possible $10m loss revelation’

(AGM), Anthony King, Bar-
bados Shipping & Trading’s
(BS&T) chief executive and a
Bahamas Supermarkets direc-
tor, said: “We have to recog-
nise the economic situation we
are in was not what it was.
“We want to achieve sales in
excess of $140 million, but until
we face the fallout of the eco-

concede’ need

to improve in ‘many areas’

@ By NEIL HARTNELL
Tribune Business Editor

OBJECTIVE
examiners would
“have: to con-
cede” that the
Bahamas, has “to
improve in many
areas” when it
comes to service
delivery and mak-
ing it easier to do
business in this
nation, the minis-
ter of state for
finance told Tribune Business.

Zhivargo Laing said that
regardless of the findings con-
tained in the World Bank’s
Doing Business 2009 report,
which saw the Bahamas slip
from 51st to 55th place when it
came to combating red tape and







bureaucracy that impacts busi- | |

ness, this nation had to
“improve” to enhance its eco-
nomic competitiveness.

“Any examination of how we
operate in many areas would
have to concede” that the
Bahamas had to make improve-
ments before it could “be
regarded as a place to do busi-
ness or consume certain goods,”
Mr Laing told Tribune Business.

“We have to improve in many
areas for serving domestic con-
sumers and international clients.
There are things we do very well,
and things we don’t do very well.
There are things the Govern-
ment sector does very well, and
things it doesn’t do very well.
There are things the private sec-
tor does very well, and things it

doesn’t do very well.

“We have to improve in this
country.”
This improvement, Mr Laing

said, needed to happen regard- ©

less of whether the World Bank
report existed or not. He added

. that the Government, private

sector and all residents “always
ought to be concerned about
how it [the Bahamas] is faring
vis-a-vis the rest of the world in
how easy it is to do business”.

“We are always looking at
processes,” Mr Laing said of the
Government. “I know very few
services under the Ministry of
Finance that are not under
review - the Customs Depart-
ment, the Treasury Department,
the Public Service. We are look-
ing at all these areas, and asking
the private sector to tell us
what’s vexing [about dealing
with them].

“I’m disappointed we’re not
moving as quickly as I'd like, but
the reality is that we have to

SEE page 4B

nomic situation before us, we
have to be cautious, trim
expenses and restructure the
company. We want to look at a
number, somewhere:in the
region of $137 million, and

restructure the. company

around that number.”

_.SEE page 3B

kets president said it was ulti-

mately the Bahamian consumer .
_who paid the highest price for
_ soaring theft levels.

“Who suffers is the consumer,

because we have to build it into
our pricing,” Mr Watchorn
explained. “Given the level of

SEE page 6B.

Surcharge cap impact |

lessened by oil price fall

mBy CARABRENNEN- BETHEL

Tribune Business Reporter -

‘THE Government’s decision to cap BEC’s fuel surcharge for
households using less than 800 kilowatts per month at $0.15, while a ~

*

major help to lower income families, may not lead to a substantial
drop in bills by itself if the current global oil price declines continu€.

Al Jarret, a former chairman of BEC, told Tribune Business yes- .
terday that since July -11,-20908, the cost of a barrel of oil had
.. dropped from around $147 to-$90, which would lead to a significant.

decrease in the fuel surcharge anyway. ~

“Looking at the trends over the
- past several years, Mr Jarret noted



a ae

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Arawak Cay
port out to
‘bid in '20

weeks time’

* Costs estimated at $60m,
with facility operational
in 12-26 months

* No shareholder to own
more.than 15%, with’
Bahamians owning
minimum of 60% of port

@ By NEIL HARTNELL
Tribune Business Editor

FEASIBILITY studies for the
proposed Arawak Cay shipping
port are scheduled to be com-
pleted within 20 weeks, and the
bid document for its construc-
tion issued in-20-weeks, the
chairman of the company over-

' seeing its development told Tri-

bune Business yesterday. -
Jimmy Mosko, who is heading
the Arawak Cay Port Develop-
ment Company, told Tribune
Business that all environmen-
tal, engineering and economic
studies on the new port’s feasi- °

_ bility were “being fast tracked”.

“We have a 16-week sched-
ule to complete the drawings,

- and will start to go out to bid

[on the construction] in.20
weeks,” he told Tribune Busi-
ness yesterday. “We have hired
all the consultants and they’re in
place. We have a meeting
tomorrow [today] with KPMG,
[on the business plan]. It’s all
moving very quickly, starting

SEE page 6B

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wee

PAGE 2B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



IN assessing the legal and
regulatory requirements for
Bahamian executive and non-
executive directors, given inter-
national standards of best prac-
tice and corporate governance,

BARE AHED VER

it is important to consider the
following issues before accept-
ing an offer to act as a compa-
ny director.

. It is recommended that a
person conduct thorough due



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diligence on a company before
accepting to act as a director.
This due diligence search
should include, but not be lim-
ited to, a proper inspection and
review of a company’s financial
statements and annual reports;
any pending or. potential liti-
gation; management experi-
ence and oversight of the
senior executive team; and the
company’s overall corporate
and compliance culture.
Accompanying the due dili-
gence search, a corporate gov-
ernance audit should also be
undertaken by the prospective
director to ensure the company
is establishing, maintaining and
adhering to good corporate
governance. A proper under-
standing of the high standard
of duty, skill and care expected
of directors and. senior man-

Le im

Ld: ‘Yes!, I No! Our company / school will participate in Lee National Denim Day On

October 3", 2008.

We will allow our employees / students to show their support and in honor of a loved one on
National Denim Day by wearing jeans in exchange for a donation per person.



by Tyrone Fitzgerald

agement, and the prudent dis-
charge of their duties and
responsibilities - both inter-

‘nally and externally, within the

ambit of the law, regulations
and international best practice
- are the key factors that
underpin an effective corpo-
rate governance regime.
Prospective directors should
pay close attention to a com-
pany’s compliance with applic-
able laws and regulations, its
Code of Conduct and Ethics,
and policies and procedures
involving .its employees, ser-

vice providers and other stake-
holders. Particular attention
should be paid to the appoint-
ment, role and effectiveness of
audit, fiduciary and risk man-
agement committees, and the
compliance department’s inde-
pendence in carrying out its

. mandate.

The integrity, experience
and effectiveness of existing
members of a company’s
Board of Directors is another
important consideration before
accepting to act asa director,
and whether they will reason-
ably and effectively act in the
company’s best interests. The
same assessment should be
made of the senior executives
and management team, and
the proactive, risk- -based man-

_ner in which they. identify,

measure, monitor, control and
minimize risks to the company.

Prospective directors should
carefully review all existing and
proposed directors and offi-

cers’ insurance.policies and,

indemnification provisions.
This will ensure they are prop-
erly protected from liability
and other potential risks in act-
ing as directors. The severabil-
ity and allocation of the direc-
tors and officers’ insurance
policies, and the nature and
reliability of the insurance car-
rier, should also be assessed.
The role, risks and responsi-
bilities of directors, as well as
the standard of duty, skill, care
and attention required of direc-
tors, both in law and good cor-
porate governance, must be
properly understood before
accepting to act as a director.
Prospective and existing direc-
tors should also.be mindful of

- any potential conflict(s) of

interest between their duty to
act as a director and their per-
sonal interests that could ben-
efit from such a position. They

must ensure full and proper —

disclosure is made of such con-
flicts and, where necessary, the
appropriate approval and
authorisation is obtained from
the Board of Directors.

The foregoing considerations

are by no means exhaustive; '

particularly when prospective

directors understand their

Come on Board through caution

potential and increasing liabil-
ity and risk exposure for par-
ticipating in the boards of
today’s modern businesses.

As mentioned previously,
directors are required to exer-
cise the duty of care, diligence
and skill that a reasonably pru-
dent person would exercise in
such a position, whether as an
executive director, responsible
for the daily operation and
management of the company,
or as anon-executive director,
acting independently of the
actual day-to-day management
of the company.

The fiduciary relationship
that a director owes to a com-
pany is one of trust, loyalty and
integrity in acting in the best
interests of the company. It is

‘something that must not be

underestimated, undermined
or overshadowed by overly-
optimistic considerations of
financial remuneration or per-
sonal and professional reward.

The increasing expectations
and responsibilities facing
directors today are clear
reminders of the importance
of prudent decision-making,
thorough due diligence, and
honest personal and profes-

‘sional self-evaluation before
‘agreeing to act in a role that

may sometimes be, quite
arguably, thankless and over-
whelmingly onerous, even to
the best and brightest.

NB: The information con-
tained 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 may
relate to the information pre-
sented.

Tyrone L. E. Fitzgerald is
an attorney with Fitzgerald &
Fitzgerald. Should you have
any comments regarding this
article, you may contact Mr
Fitzgerald at Suite 212,
Lagoon Court Building, Olde
Towne Mall, at Sandyport,
West Bay St.,*P. O. Box CB-
11173, ‘Nassau, Bahamas or

at tyrone@tlefitzgerald-

group.com

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THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 3B



DC ie a oii
Destinations deal to bring better prices

w By CARA BRENNEN- BETHEL
Tribune Business Reporter

THE Destinations travel agency will
be able to provide better prices and
services to its Bahamian clients by
drawing on the bulk purchasing power
of its new Barbadian parent, Tribune
Business was told yesterday.

Hanif Moore, vice-president of oper-
ations at Going Places, part of the
Caribbean World Travel Services
group that acquired
Destinations,saidthat in the short to

mid-term it was unlikely that there will
be any changes to the Bahamian com-
pany’s daily operations.

The recent sale of Destinations, he
added, should not have a significant
impact on its operations in the country,
but may allow the company to offer
Bahamian consumers better rates.

However, Mr Moore said Destina-
tions will be able to benefit from the
vast resources of the Going Places
brand, which is prominent throughout
the Caribbean. “They will also be able
to benefit from our sales, because we

can purchase at volumes much higher
than they would. So they will be able to
offer more products and services, and
provide better rates to clients here,”
Mr Moore told Tribune Business.

Sale

Details of the sale and price paid are
being kept confidental, Mr Moore
explained, but he added: “Destinations
is a good fit for us because it provides
a Similar service to what we are offer-
ing in the Carribean.”

Destinations main shareholders are
understood to have been Charles and
Richard Farrington, the company hav-
ing been formed from the merger of
Mundy Tours and Playtours.

Right now, Mr Moore said Going
Places was famailarising itself with the
Destinations operations and had no
plans for staff or policy changes.

He explained that the Barbados
owners will not be bringing in anyone
to manage Destinations, and will
instead appoint a country manager
from the company here.

“We have to get an understanding of
how the company works here, but we
don’t usually go in and make a lot of
changes,” Mr Moore said.

Mr Moore said that for consumers,
nothing will change. “Destinations will
still be operating under its brand,
because we recongise that there is sig-
nificant brand recognition here and
that will not change.”

Destinations employs over 70 per-
sons at offices in Nassau, Grand
Bahama, Eleuthera, Exuma, Long
Island and Spanish Wells.

Royal Island developer nets $150 from 22 sales

CYPRESS Equities said it

has earned $150 million in rev-
enues by selling 22 properties
at its Royal Island project off
north Eleuthera.

‘Chris Maguire, chief execu-
tive of Cypress Equities, said:
“Jn an environment that is eco-
nomically conservative, these
sales are an affirmation that the
luxury réal estate buyer is stead-
fastly committed to the devel-
opments they want to be a part
of.

“Why Royal Island? It’s the
appeal of Royal Island’s full
range of amenities, the state-of-
the-art marina, our association
with the neighbouring Harbor
Island, and the enduring quali-
ty of both Jack Nicklaus and
Montage in collaboration with
our strong desire to make our
owners proud.”

Cypress Equities is leading a
$1 billion investment on Royal
Island, the five-mile-long pvi-

vate island that will become a
luxury residential resort and

hotel community when it opens

in 2010.

It is expected that the Royal
Island community will generate
$190 million in new taxes over a
20-year period for the Govern-
ment, according to economic
impact assessments.

Real estate offerings feature
oceanfront/oceanview estate
homes and villas, and marina
village residences, ranging from
2,237 to 7,370 total square feet.
Prices start at $2.3 million and
go up to $7.9 million. Offerings
also include one acre to 12-acre
oceanfront custom estate home-
sites starting at $4 million up to
$20 million. The first of about
269 residences is slated for com-
pletion in 2009. -

The Montage Royal Island
Bahamas boutique hotel, with
58 guest rooms and 26-suites,
will have four restaurants and

Spa Montage.

“Royal Island is not only.a
resort development,” Mr
Maguire said. “It’s a collabora-
tion of three of the most cre-
ative professionals in their
fields, who are creating a self-
contained private island with a
luxury residential component

including a recreational lifestyle ,

and all imaginable conve-
niences.” .

The three are former Dallas
Cowboys quarterback Roger
Staubach, who now heads a

global real estate advisory firm; .

golfer Jack Nicklaus; and Alan

Fuerstman, founder of Montage

Hotels and Resorts.
Behringer Harvard, a world-

‘wide commercial real estate
- investor, is also part of the

development team.

Mr Maguire said: “Our vision
was based on the knowledge
that people today want-an
escape or a home base that

MARKETS, from 1B

Stephen Boyle, Bahamas Supermarkets’ chief
caecutive, said $137 million in sales was likely.
“to maintain our market share” in a depressed
economic environment. '

He added that its market share might even
increase, as many Bahamian consumers, hit by
unemployment, reduced hotel work weeks and
rising costs, did not have the disposable income to’
fund major purchases.

“When you have occupancy rates of 11 per
cent at Atlantis and 7 per cent at the Sheraton,
you do not have many people spending money,”
tir Boyle. ; ie

' J Barrie Farrington, a fellow Bahamas Super-

markets director, added that the company would |

focus on cost containment and cost savings in a

prudent way, with the firm examining all its “pet-«»

ty cosis”.

Bahamas Supermarkets Board and manage-
ment received a much gentler ride from share-
holders at the AGM than many had expected,
especially given that they were told that the com-
pany, which operates the 12-store City Markets
chain, was likely to make a $10 million loss for the
2008 financial year.

The only real voice raised was that of Ken-
wood Kerr, Providence Advisors’ chief execu-
tive, who described the $10 million loss projection
as “shocking and somewhat unsettling”.

Basil Sands, Bahamas Supermarkets chairman,
said that out of that $10 million figure, which
was based on preliminary, unaudited data and
therefore subject to change, some $4.5 million
was believed to be one-time, non-recurring costs.

Another $3 million of that loss was believed
rejated to shrinkage, which Mr King had previ-
ously told Tribune Business “seems to have dou-

r
i
é
i






~ PREMIER TRAVEL

Tel.: 242.328.0264 | 242.328.0257 | 242.322.7371 | 242.325.6991
_ Fax: 242.325.6878 | www.premiertravelbahamas.com

bled” in financial 2008 due to an absence of inter-
nal controls. . :
Investors spoken to by Tribune Business after

the AGM believe that Bahamas Supermarkets’ .

woes are likely to be short-term, given that its
operations will now be run by Barbados Ship-
ping & Trading. That company has itself recent-
ly beén acquired by Neal & Massy, the Trinida-
dian conglomerate that has some $1.5 billion in
assets and generates annual net income of more
than $100 million.

That implies that Bahamas Supermarkets, and
its 78 per cent majority shareholder, BSL Hold-
ings, will enjoy massive financial backing from
Neal & Massy, and essentially not be allowed to
fail.

BS&T and its Trinidad-parent-have.already

shown their commitment: to*the-Bahamas by. «=|
pumping $5 million into BSL H6faitigs; some 50°*"

per cent of which was funnelled into City Markets
to pay down trade s and boost cash flow.

That injection, according to sources, came at a
time when no other BSL Holdings shareholder
wanted to inject further equity, despite Royal
Bank of Canada requesting this.

* When asked to explain the $800,000 increase in
staff salaries during fiscal 2007, Bahamas Super-
markets executives said this had been caused by
the addition of extra staff and a3 per cent salary
increase agreed with the union representing the
company’s workers.

“We identified gaps in the structure where key
positions had to be filled to take the company for-
ward,” Mr Boyle said. “For example, backdoor

receivers. There was no one responsible for.

receiving goods at the back door. We had to put
them in place and train them to move forward.”

Book your
travel anytime,
anyplace.

Use your local credit card.
Tickets are issued locally.







combines elegance, sincere
friendly service, sporting activ-
ities, every comfort imaginable,
and ultimately they want priva-
cy.” :
He said several residents have
bought adjacent homesites
reflecting the growing trend of
the “family and friends com-
pound”, which are primarily
“generational investments.”
Royal Island’s naturally-pro-

rit © Scholarship

tected 140-acre harbor will
house, a deep-water marina.

Two hundred slips are planned —

to accommodate 50 foot to 400-
foot mega-yachts. The marina
will have an exclusive members-
only captain’s club with a bar
and restaurant and a novel
dockside “concierge service” for
provisioning and serving yacht
owners. Fuel and marine repairs
will be available.



My Wife, Our Mother, “
Grand, Great-Grandmother, ~
CT TTT)

aT ae
Sea aa a aD

Sunrise: September 15, 1928
Sunset: September 16, 2005

MT PDE NES eT
lu tiN



RICARDO —
2 BONABY a |

On your promotion to _

} PROJECT ENGINEER

LAUNCH DATE:





¢ Service

. SEPTEMBER 22, 2008

¢Time: 9:00 A.M. * Venue: High School Courtyard
+Those who are invited: Former Board Members,
Former Staff, Former Students, Friends of Kingsway Academy

Alumni can contact the school at kingsways0@yahoo.com ;
or khamilton@kingswayacademy.com



Go Saints! ©
PAGE 4B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



GYMNASTICS CILINIC

OPEN TO THE PUBLIC














Sponsored by: The Gymnastics Federation of the Bahamas
Host Coaches: Ann Kist-Kolasa and Valdi Kolasa of New Jersey
' Dates: September 19-20, 2008
Cost: $25 per session
Location: Nassau ‘Nastics Oakesfield and Seagrapes Gyms




Schedule:
Friday 4-7pm Recreation Gymnastics and coaches at the Oakesfield Gym.
Saturday 9-ilam Recreation gymnasts and coaches at the Seagrapes Gym.
Saturday 12- ADD Team, Preteam and competitive gymnasts at the
Oaksfield Gym.

Any interested child or adult (PE teacher, school teacher, dance instructor, etc)
may attend.

For more info: 395-5994 or 356-7722

INVESTMENT OPPORTUNITY

_-In The Rapidly Expanding Carmichael Road Area
Lot #5 Block 2, Millars Heights Subdivision

| Property Comprises 18,292.55 Sq.Ft.
With 106 Ft. on High T raffic Carmichael Road

Interested person should submit offers in writing
addressed to:
The Manager, Credit Risk Management,
P.O. Box N-7518, Nassau, Bahamas
to reach us before Septmeber 29, 2008.

For further information, Please contact:

356-1608 or 502-0929



Queen’s College

Centre for Further Education

P.C. Box N-74127, Nassau, Bahamas
Tek: (242) 303-1666/2646, Fax: {242} 393.3248

AT Saturday Classes at Qc

/ Planning for college?

-Â¥ Do you want to reduce college cost?
Â¥ Do you want to qualify for scholarships?
; |

Then join the SAT Saturday classes at Queens
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attend,






Saturday, September 20th, 2008 to Saturday, November 29th, 2008 -]-

‘Date:

Time: 9:00 a.m.to12noon. ROOMS: Physics Lab & Rm103.
Instructors: Mr. J. Foulkes and Mr. V. Brathwaite

Cost: $395.00 (includes SAT Book and QC SAT worksheets)

Payment Plan
Y pay $200 - first payment - Saturday, September 20th, 2008 |

Y pay balance $195 on October 25th, 20u8
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Group/ family discounts available! mail: chowles@ychenceforth.com
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d op more students/family members 87

{

OIL, from 1B

that in' 2008, there was a high of
$0.25 and a low of $0.149 when it
came to BEC’s fuel surcharge
Thus, if the decline in global
oil prices continues, BEC would
automatically be required to
reduce fuel surcharge rates and
alleviate some «f the burden
experienced by consumers, even
without the Government cap.
Mr Jarrett said the cap would,

~however, be extremely valuable

if something happened to drive

the cost per barrel up and, by ~

extension, BEC’s fuel sur-
charges.
Based. upon the projections,

Mr Jarret said that BEC’s fuel.

costs should already have
dropped by 20-25 per cent,
which would place the fuel sur-

. charge at around ne 18 per kilo-

watt hour.

Mr Jarret did say that the
reduction, announced yester-
dahy, will be beneficial to people
on lower fixed incomes as they

' don’t have the disposable funds

to adjust to higher bills.
Dionisio D’ D’aguilar, presi-
dent of the Bahamas. Chamber
of Commerce, agreed that the
Government’s move will benefit

those families in the short-term, ©

but worried that it was not a long
term solution. “There has been a
large hew and cry over electric-

BAHAMAS, from 1B

improve in these areas”
Among the processes the Min-

- istry of Finance was looking to

enhance was the time taken to

_ process applications for the

Stamp Tax exemption on prop-
erty worth up to $500,000 that
is being acquired by first-time

buyers.

_ The Ministry, Mr Laing said:
was focusing on “the extent to
which we can cause [applications

_to be approved] in the shortest

possible time, in days if not
hours. We are making moves to
do that.”

Plans to amend the way in
which business licence fees are

calculated remain an ongoig
~ ‘exercise, the minister said. “We

are still in dialogue with Singa-
pore,.even though we have actu-

ally observed we may have been ,

moving a little ahead of our-
selves,” he added.

“There are now some. net- -

work, infrastructure issues that
have to be addressed. Mod-
ernising the network, so it has
greater capacity, greater use-

ity bills, and it’s excellent that
government recognises the fact
that people are complaining
about their bills,” he said.
However, Mr D’Aguilar

pointed out that BEC was -

already operating at a loss and
the decision was merely another
government subsidy for the cor-
poration.

He swould have liked to have
seen the Government mplement
something more creative that
would. facilitate a decrease in
electricity usage.

“The surest way to reduce ~
your bill is to use less electricity,
and I would have liked to have

seen the government issue free .

energy saving light bulbs to

. every household. Or say that

BEC would pay a portion of the
cost to install solar panels on
people’s home, even if persons
repaid it over say a year,” Mr
D’ Aguilar said.

The Chamber president added
that while such a cap would have
helped the bottom lines of many:
of his members, he also felt it
would not nave done anything
to address the deeper issue of
releasing the country from a
BEC cash burden.

In an address to Parliament,
Prime Minister Hubert Ingra-
ham yesterday announced that
the government will direct BEC
to limit the surcharge to $0.15

ability and speed. That requires

-a fundamental review.

“Tt has to be done. These are
the kinds of constant improve-
ments that we are seeking to
make.”

The World Bank report found
that the Bahamas scored partic-
ularly poorly when it caine to
property registration, construc-
tion permit processing, investor
protection and enforcing con-
tracts.

Found

It also found that in the past
year the Bahamas had initiated

_no major reforn s_to_combat——
_ bureaucracy and red tape that

was hindering the conduct of
business in this nation.

The Bahamas ranked espe-
cially low on property registra- -
tion, standing in 143rd place,
largely due to the fact that this
process cost the equivalent of
12.5 per cent of the purchase
price - Stamp Tax and attorneys’
fees. There were also seven

per kilowatt per hour until
December 31 for residential con- .
sumers that use 800 kilowatts of
electricity or less per month.
Further, the Government will
order BEC to immediately
restore power to more than

5,000 consumers who had been

unable to pay their bills, and to-
work with them to make suit-
able repayment arrangements.

Mr Ingraham said the Gov-
ernment is to lend BEC $4 mil-
lion from its sundry capital allo-
cation, which is to. be repaid by
BEC within the next two years.
as a means of supporting the
funding of “this massive social
relief to consumers”.

“The Government will direct
BEC to apply the Government’s
$600,000 annual dividends, ordi-
narily payable by BEC to the
Government, towards amelio-
rating or lessening any potential

’ future increases in the electrici-

ty surcharge as a consequence
of any future shocks in the cost
of oil over the next two years,”
the Prime Minister said.
Further, the Government will |

‘reduce the electricity usage of

its offices, conduct a public rela-
tions campaign to encourage the
public to follow suit and retain
an independent firm to conduct
an operational audit of BEC and
make recommendations to bring
increased efficiencies to BEC.

processes involved in register-
ing property in the Bahamas.
Another problem area for the
Bahamas was construction per-
mits, where it ranked 92nd. The

“World Bank report assessed the

procedures, time and costs asso-
ciated with building a similar size
warehouse in all countries,
including obtaining all the nec-
essary licences and permits, com-
pleting all inspections and get- .-
ting utility connections.

When it came to the number
of procedures dealing with con- ,
struction permits, only Trinidad’
and Puertd Rico - out of the
whole Caribbean - had more

than-the-Bahamas” 18 -processés.

It took some 197 days to deal -
with construction permits in the
Bahamas, the report found, plac-
ing the Bahamas near the bot-
tom of the Caribbean, while the
cost of dealing with the permits,

as a percentage of income per:: -

capita, was pegged at 241.6 per:
cent for the Bahamas. Only four
more Caribbean nations were |
more expensive.

EFG Bank &-Trust (Bahamas) Ltd; a subsidiary-of EFG International, |}.
provides Private Banking and Wealth Management services to clients around

the world. Our client relationship officers combine their strong relationship- .
management skills with the resources that are available at EFG, helping
them provide a full range cf quality. wealth management services. In order to
strengthen our IT team in Nassau, we are looking for a qualified candidate for

the following position:

IT Systems Engineer

In this challenging position, your responsibilities will include: .

Support and management of Windows servers, including domain

controllers, application and Exchange Server 2003.

Support Citrix Metaframe and other Enterprise applications.
Ongoing system administration of the Windows Server infrastructure

services including Active Directory, DHCP, DNS, and WINS.

all user application support.

for internal and audit review.

‘integration.

Manage network security systems for LAN/WAN and VoIP

Troubleshoot network-related performance problems. |

Support and manage Window XP desktops and laptops, including

Create server and network documentation and generate reports

Provide technical support to local and remote users in regional

offices including Grand Cayman, Canada and Central/South

America.

“RPM WEG BeRuate dis SHEE EER” AMEMARnted individual with good time
management and project management skills as well as Good interpersonal and
communications skills. The successful candidate must be a team player; with

. the ability to travel and work with local and international team members.__

Minimum Requirements

At least 4 — 6 years experience in Network/Server Infrastructure with

troubleshooting experience in O/S, network, database technologies and
server hardware in a medium to large scale environment.
¢ B.S. Information Systems, Computer Science or ielated field

capability of multi-tasking effectively.
¢ A background in the financial services industry (Retail and/or Private
Banking) will be a plus.

Advanced knowledge in;

Strong analytical and problem solving skills with the willingness and

* Operating Systems; Windows (2000; Server 2003 and XP) and

LINUX/UNIX.

¢ Network Infrastructure Management eri DHCP, DNS, WINS,

Citrix)

¢ WAN Technologies (Circuits, routers, firewall)

° LAN (Switches, structured cabling) and PBX
Cisco-Certified Network Associate desirable.
Proficient in Data Centre management.

° Certifications a plus (MCP, CCNA, MCSE, Servert)

Interested applicants must fax applications to: Human Resources Manager at:

(242) 502-5428.
THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 5B



ES ee eae
Treasury announces

debt auctions for Fed

@ By MARTIN
CRUTSINGER
AP Economics Writer

WASHINGTON (AP) —
The Treasury Department will
begin selling bonds for the
Federal Reserve in an effort
to help the central bank deal
with unprecedented borrow-
ing needs resulting from the
current credit crisis.

Treasury officials said
Wednesday that the new pro-
gramme would be part of the
normal auctions it conducts to

finance the government’s bud-
get deficits, which have been
soaring because of the current
economic slump.

Treasury officials said that
the first auction would be for a
total of $40 billion and would
occur later Wednesday. The
auction would be for cash man-
agement bills that will mature
in 35 days.

The announcement repre-
sented an. unprecedented
action in which Treasury will
be selling debt securities such
as bonds for the nation’s cen-

tral bank.

Treasury officials said the
action did not mean that the
Fed was running short. of
resources but simply was a way
for the government to better
manage its financing needs.

The announcement came
one day after the Fed invoked
powers it had been granted
during the Great Depression
to extend an $85 billion emer-

gency loan to prop up the.

country's largest insurance
company, American Interna-
tional Group Inc.

ee) i yw (ce er ber iCon

AIG bailout, dollar drop



@ By STEVENSON
JACOBS
AP Business Writer

NEW YORK (AP) — Gold
prices soared Wednesday,
jumping more than $60 an
ounce as mounting credit mar-
ket turmoil prodded jittery
investors to pull money out of
equities and into safe-haven
assets.

Gold’s huge rally — prices
shot up over eight per cent —
came as the government
moved overnight to rescue
troubled insurer American
International Group Inc. with
an $85 million bailout loan.

The Federal Reserve
stepped in after AIG, teeter-
ing on collapse from losses
tied to the subprime crisis and
the credit crisis, failed to find
adequate capital in the private
sector.

Fearing more tightening of
credit markets, investors
reacted swiftly and began

dumping stocks and socking
money into gold, silver and
other safe-haven commodi-
ties.

Gold is-especially attractive
during times of crisis because
the metal is known for holding
its value.

Gold for December deliv-
ery jumped $64.50, or 8.25 per
cent, to $845 an ounce on the
New York Mercantile
Exchange, its highest trading
level since August 29.

Prior to the rally, gold had
fallen 25 per cent since surging
to record levels above $1,000
an ounce in March.

“The same market partici-
pants who got out of gold are
coming back in now. ‘This is
the start of an upward move,”
said Carlos Sanchez, analyst.
with CPM Group in New
York, who predicted prices
could climb back to $1,000 by
year’s end.

Silver prices also jumped.
The: December contract

soared 88.8 cents to $11.405
an ounce. December copper,
however, fell 5.15 cents to
$3.0375.a pound.

In other commodities, crude
oil rebounded after the AIG
bailout eased worries that the
insurance giant and other
financial firms would liquidate
commodities holdings to raise
cash.

Light, sweet crude for Octo-
ber delivery rose $2.01 to:
$93.16 a barrel on the Nymex.

In other Nymex trading,
heating oil futures fell about
half a penny to $2.7145 a gal-
lon, while gasoline futures lost
2.34 cents to $2.3774 a gallon.

In agriculture markets, most

- grain prices traded higher.

Corn for December deliv-
ery rose 5.25 cents to $5.375 a
bushel on the Chicago Board
of Trade, while December
wheat added 20.75 cents to
$7.1075 a bushel.

November soybeans fell
two cents to $11.22 a bushel.

To atlvertise in The Tribune, just call 502-2371

Iouciano’s of

BAHAMAS RED
CROSS SOCIETY

Winners of the Bahamas Red Cross
Society Grand Raffle drawn on
August 30, 2008

1st Prize A 2007 Toyota Corolla-fully loaded
Ticket No. 21816 Toni Rahaming

ond Prize A seven day Caribbean Cruise for Two
Ticket No. 00694 Pat Strachan

3rd Prize Round trip for two Fort Lauderdale
‘Ticket No.02204 Yasmine Knowles

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Chiea BO
Cast Bay St

with our Celebrity Host

Award Winnins Blues & Jazz
Guitarist and Voealist


PAGE 6B, THURSDAY, SEPTEMBER 18, 2008

Meuer Se e are Men TT me Ter ae Fe

THEFT, from 1B

stealing, someone.has to pay for
it, and at the end of the day it’s
the consumer.”:

He added that the level of
stealing was “expected to get
worse towards Christmas. It
always does, but the meltdown
in the US financial markets
means a decrease in tourists
coming here, a decrease in
tourist spending and that leads
to an increase in stealing. People
don’t want to lower their stan-
dard of living.”

_ Abaco Markets, which oper-
ates the Solomon’s SuperCentre
stores in Nassau and Freeport,
and the Cost-Right stores in
those two cities and Abaco, is

by no means alone in this fight.

At Tuesday night’s Bahamas
Supermarkets annual general
meeting (AGM), company exec-
utives revealed that some $3
million of the estimated $10 mil-
lion loss that the City Markets
operator is likely to incur in its
2008 financial year is due to
increased shrinkage.

While shrinkage includes
many other items besides theft,
such as spoiled goods, there is
no doubt that theft is likely to

account for a major part of that:

$3 million and a doubling in City
Markets’ shrinkage levels year-
over-year.

Basil Sands, Bahamas Super-
markets’ chairman, told the
AGM that around.40 employees
had been dismissed - and were

Za UNIVERSITY

SCHOOL OF

MENT eENS

TO ALL POTENTIAL
LANDLORDS

Ross University School of Medicine (Bahamas)
Ltd. is seeking 1 or 2 bedroom accommodations.

Affordable, safe and secure (with or willing to
provide security screens), clean surroundings,
must be fully furnished, air-conditioned, turn
key (pots, dishes, linen) ready to move in
accommodations. Complete for 1 ‘or 2 persons.

Accommodations ‘must be within a 5 mile
radius of the Sea Horse Shopping Centre

(Freeport, Bahamas).

Please submit your applications with how you

meet the standards above to:

The Administrator
Ross University (Bahamas) Ltd.
BO. Box F-60087, Freeport, Bahamas



now being prosecuted - for
alleged theft from the company
in the past year.

Given that the company
employs some 850 persons
today, this effectively means that
4.7 per cent of its staff - almost
one in 20 persons - had been
terminated for suspected inter-
nal theft.

As for Abaco Markets, Mr
Watchorn said: “J would say our
level of stealing, based on the
number of people we’ve appre-
hended, has gone up 100 per
cent over the last six to nine
months.”

That is effectively the year
2008 to date, and Mr Watchorn
added: “We’re seeing it across
the board. It’s a major challenge.
We're pulling together a new
strategy to deal with it.”

Further evidence.that many
Bahamians are struggling to
make ends meet, amid spiralling

fuel, energy and food costs,’

came when Mr Watchorn said
Abaco Markets had experienced
a major increase in staff seek-
ing loans and pay advances.

“The level we’re getting now,
compared to six months ago, it’s
probably doubled or even high-
er,” Mr Watchorn said.

A major factor behind the

high level of internal theft in the

Bahamas, the Abaco Markets
president said, was that “there’s
no fear” on the part of the cul-
prits because the level of prose-
cution initiated by employers
and businesses was “minimal”.

As a result, when suspected |

theft was discovered and those
responsible terminated, they had
no record and simply bounced
“from job to job”.

Mr Watchorn said that Abaco
Markets once terminated an
employee for stealing, and their
attorney was able to use some-
thing in the dismissal letter from
the company to get the charge
of stealing thrown out.

The case was then turned on
its head, and became one of
alleged unfair dismissal against
the company. Abaco Markets
ultimately ended up paying that
former employee their sever-
ance/redundancy pay, and Mr
Watchorn then saw the person
in question several weeks later
working for another company.

In another case, two Abaco
Markets staff spent two days at

: court waiting to be called to tes-

tify in another internal theft
episode, only for the prosecu-
tor to say he was “not familiar”
with the case and request a
three-month adjournment. .
Then, in another case, a for-

mer employee during their trial
offered via their attorney to
repay the $400-$500 they
claimed they had taken from the
company. The judge hearing the
case suggested that the offer be
accepted and the matter
dropped.

“There’s just no fear that any
consequences are going to hap-
pen. It’s absolutely dishearten-
ing for an employer to have to
deal with that,” Mr Watchorn
said.

“It’s just a frustration for a
retailer and employer point of
view because they don’t see jus-
tice at the end of the day. The
culprits know that, and that at
the end of the day nothing’s
likely to happen. °

“T think it’s a major problem.
If a retailer tells you he doesn’t

‘have a problem with internal

theft, he’s either living in his
business 24/7 or he’s lying
“We’ve seen a drastic increase
in the level of dishonesty, both
internal and customer dishon-
esty. It’s very unfortunate,
because you have a lot of honest
employees trying to the right
thing, and it’s just a few that let
everything down. It’s endemic

in this country, and the eco-°

nomic environment is exacer-
bating the issue.”

INVESTMENT OPPORTUNITY
COMMERCIAL BUILDING
SITUATED ON DOUBLE LOTS TOTALING 23,753 SQ. FT. .

"LOCATED BERN

RD ROAD =

Aan oximately 500 feet east of the Village Road Round About |

Interested persons should submit offers in writing iddrassed to:
The Manager, Credit Risk Management, P.O. Box N-751 8,

Nassau, Bahamas

to reach us before September 29, 2008.
For further information, please contact:

356-1608 or 502-0929



THE TRIBUNE

ARAWAK, from 1B

now.”
Arawak Cay Port Develop-
ment Company said that it had

-appointed Halcrow, the UK-

based global infrastructure con-
sultant, to advise it on port
design and engineering. For
legal and financial advice, it had
selected Higgs & Johnson and
KPMG respectively.

The port company confirmed
previous Tribune Business rev-
elations that no shareholder will
own 15 per cent of the Arawak
Cay port, with Bahamian share-
holders owning a minimum col-
lective 60 per cent equity stake.

In its statement yesterday,
Arawak Cay Port Development
Company said the new port’s
development costs would “not
exceed $60 million”. That is
some $115 million different
from the $175 million cost esti-
mate on Tropical Shipping’s
plan for Arawak Cay, which is
widely regarded as the template
for the current proposal.

When asked to explain this |
apparent discrepancy, Mr
Mosko said he could not, as he
had never seen Tropical Ship-
ping’s proposal, but added that
the company “hoped” to com-
plete the 60-acre port and have
it operational - for that price -
within 12-16 months.

“It’s a fast-paced process,” Mr
Mosko said. “The Prime Minis-.
ter wanted the freight off Bay
Street very quickly. It’s difficult,
but we'll get it done.

“Everybody is on board and
they’ve all put their money up.
We’re trying to move as quickly
as we can. It’s a dynamic situa-
tion.”

Mr Mosko said he was unable
to say whether the Arawak Cay
Port Development Company
would tap Bahamian institu-
tional and retail investors for
financing, “because the finan-
cial model is not set up yet. But
we’re saying a minimum 60 per
cent Bahamian shareholding, so
I think so”. .,

Mr Mosko said the Arawak
Cay port was “probably the
most economical way to go”, as
it would service Nassau and Par-
adise Island’s cargo'needs for
50 years, with all freight and
shipping companies using it.

The 50-acre. Gladstone Road
inland cargo terminal, he added, -
was “not a big deal” in terms of
cost as it would only involve
some warehousing and paving.
It would handle the distribution
of all cargo brought to New

Providence.

OY aE
Ps EU ate ll Pe TEV
The Principal Heritage Ona Agency oi The Bahamas

THEME: PROMOTING LITERACY THROUGH HERITAGE

The Antiquities, Monuments and Museums Corporation (AMMC) will participate in the observance of National
Literacy Month during September 2008. AMMC will sponsor and host the following programs at the designated

AMMC sites.

“|. A Book Fair, Short Stories and Poems for Primary School students at Fort Charlotte, Wednesday, September

17th and Thursday, September 18th, 2008, 10:00 a.m. to 2:00 p.m.

Speakers: Dr. Davidson Hepburn, Ms. Leah O’Brien and Ms. Patricia Thomas. Admission: $3. 00 per person.
Price includes a tour of the Fort and participation in the readings. Primary Schools will be scheduled, and designated
tour times given to tour Fort Charlotte and participate in the readings and Book Fair. Books will be on sale. Please

contact Miss Odia Richardson at 323-1925 or 326-2566 for bookings.

2. Readings sro. Slave Journals and Related Documents by local radio personalities. This segment is for Junior
’ High and Senior High School Students; Monday, September 22 through Thursday, September 25, 2008, 10:00
a.m: to 1:00 p.m., at The Pompey Museum of Slavery and Emancipation, Bay Street, next to the Straw Market.
Admission: $3.00 per person. Books will be on sale. Contact Miss Odia Richardson 326-2566 or call 356-0495 to
reserve your group. Schools will be given designated times to tour the Museum and attend the readings.

3. Open House and An Evening of Recitals at the Balcony House Museum on Market Street opposite the Central
Bank of The Bahamas.:Thursday, 25th September, 2008, at 7:00 p.m. Recitals by Dr. Davidson Hepburn and
Ms. Cookie Allens with tours of the House. THE PUBLIC IS CORDIALLY INVITED TO.ATTEND. Donations

are welcomed. Refreshments on sale.

4. Episodes from the Fergusons of Farm Road, the well known 70s radio drama by Jeanne Thompson at The Pompey |
Museum of Slavery and Emancipation, Bay Street next to the Straw Market; Friday, 26th. September, 2008, at
7:00 p.m. Admission: $15.00 per person includes refreshments. THE PUBLIC IS INVITED. Please call 356-0495
or 326-2566 to reserve seating fOr this event as space is limited.

FORT comes





Ongoing Events: Visit The Balcony House Museum, The Pompey Museum,

Forts Charlotte and Fincastle, and other historic sites

The National Museum of The Bahamas
Antiquities, Monuments and Museums Corporation (AMMC)
Centreville House Grounds Complex

P.O. BOX 8E1 5082, Nassau, Bahamas

Tele:1(242} 326-2566 or 323-1925 or 323-1928

Fax:1{242) 326-2568

Emaih pompey_23@yahdo.cam or pompey33@hotmati.com

| Pompey Museum of Slavery

and Emancipation
Bay Street, Nassau, Bahamas
Tele:1(242) 356-0495
Fax/Tele:1(242) 325-2298
Hours: 9:30am - 4:30pm
MT, W, F & Sat
Thurs: 9:30am - 1:00pm
‘CLOSED: SUNDAY.

4 Fort Chartotte

West Bay Steet

Nassau, Baham

Teles (243)925 "9186, 326-4861
72

Fox: 1(242) eb 4860
Hours: Daily 8:00am - 4:00pm

Advanced Guard House
Conservation Laboratory
Fost Charlotte

The Long Island Museum,

Community Center & Library

Buckley's, Long Island, Bahamas

Tele /Fax:1{242)337-0500
Hours:

Mon ,- Fri: 9:00am-4:00pm

Sat: 9:00am - 1:00pm

Balcony House Museum
Market Street, Nassau, Bahamas
Tele:1(242) 302-2621
Hours:9:30 am - 4:30 pm

MT, W &F
THi9:30am - 1:00pm
CLOSED: SATURDAY & SUNDAY

Fort Fincastle

Bennet's Hill

Nassau, Bahamas

Tele:1(242) 356-9085

Hours: Daily 8:00am - 4:00pm

Fort Montagu
Montagu Beach

East Bay Street
Nassau, Bahamas
Tele:1(242})-326-2566

AMMC Abaco Branch

Marsh Harbour
Abaco,Bahamas
P.O.Box-AB20755
Tele:1(242)-367-0721
Emai:AMMCAbaco@gmail.com















still the best venue for weddings,
social gatherings and meetings.

Call Mrs. Christine Rolle
Tel: 242 326-4872, 326-4861
Fax: 326-4860 for details.

MA The South Eleuthera Mission Foundation
@ P.O, Box EL-26030

Rock Sound, Eleuthera Bahamas
Tele: 1(242)-334-2203

Fax: 1{242)-334-2280
Email:cdsands@coralwave.com



ATTENTION JUNIOR HIGH
AND SENIOR HIGH SCHOOLS
Throughout The Bahamas

Reserve “The Lest We Forget:
‘The Triumph Over Slavery”
Traveling Exhibition
created by The Schomburg Center
, \& UNESCO Slave Route Project.

It?s FREE and educational.










Three locations to serve you: Fort
Charlotte, Fort Fincastle and The
Pompey Museum.











The places to shop for authentic
Bahamian-made handicrafts, unique
gifts, jewellery and Bahamian
authored books.








Cali dia Richardson for bookings
242 323-] '25 - 242 -326-2566 * Fax 326-2568


THE TRIBUNE




a ee ae ee
Small businesses

going ahead with
oliday parties

@ By JOYCE M
ROSENBERG
AP Business Writer

NEW YORK (AP) — Even
in a down economy, with busi-
ness more difficult to come by
and expenses going up by the
day, many small company
owners are nonetheless forg-
ing ahead with holiday party
plans.

Certainly, an owner feeling
strapped for cash might think
the business just can’t afford a
celebration this year. But many
of them believe a party for
employees is too important to
forgo, so as they start to plan
they’re finding ways to save
money but still make staffers
feel appreciated.

Ron Hanser, co-owner of
the West Des Moines, Iowa,
public relations firm Hanser &
Associates, believes a tough
economy is all the more rea-
son.to hold a party in the holi-
day season.

“Tf ever there was a need for
that renewal of the human
spirit, this holiday season
seems to need it,” he said,
pointing to the slumping econ-
omy and upheaval on Wall
Street that included the bank-
ruptcy filing of Lehman Broth-
ers Holdings Inc. ‘

So Hanser’s company will be -

having its usual party at a local
restaurant:for employees and
their spouses.

“We're telling our clients,
don’t cut back on celebra-
tions,” Hanser said. “This is

important — there’s nothing ~

frivolous about celebrating a
holiday.”

Gerald Schwartz, who owns
a New York-based PR firm, is
critical of owners who he says
have a knee-jerk reaction and
cancel parties to save money.
His suggestion is to dip into
their own pockets — and not
try to do a party on the cheap.

“Let’s just open a bottle of
champagne in the conference
room and have a couple of
lousy hors d’oeuvres” is. not
the way to do it, said Schwartz,
president of GS Schwartz &
Co. Inc. “You should be con-
siderate of how hard people
are working for you.”

He said of company owners:
“Their lifestyle’s not going to
change if they spend a couple
of extra thousand on Christ-
mas.”

But let’s say a company is
really having a hard time right
now. It’s still possible to hold a
party that the staff will enjoy.

One option is a potluck
affair, which can appeal to
staffers who love to cook and
show off to their co-workers.
The boss should still contribute
something, perhaps beverages
and a cake, and be as generous
as possible.

If the staff is small, the own-
er might have everyone over
to his or her house for brunch,
or a cocktail party. ;

Another possibility is to tell
the staff that while you can’t
afford a party, you'll give them
half a day off on a Friday in

December. They’ll love hav-'

ing the extra time, and the ges-

- ture will go a long, way toward

creating goodwill.

Many companies are choos-
ing to have their parties onsite
rather than in a restaurant or
catering hall or club. Tom Wal-
ter, who co-owns Tasty Cater-
ing in Elk Grove Village, Ill,
has seen business pick up this

ear.

“It’s bare bones because
they don’t want to lavishly
spend money for the produc-
tion of a holiday event,” he
said. So, the decor is simple,
the entertainment might be.a
boom box and the desserts
more moderate than in the
past. Owners may skip the
alcohol, or serve only wine and

Hakers Aor :
Do You Want to be a Baker’s Bay Star?

Join us at our

“SEARCH FOR STARS”

Do you want to work with an organization’ that is
progressive, dynamic, and growing with great benefits?

Do you want an exciting career opportunity on one of the
fastest growing Family Islands in The Bahamas?

Do you want to work with a team of committed,
hardworking, creative hospitality professionals?

If you answered “YES”, then you need to be a part of the
Baker’s Bay Search for Stars at Our Lucaya.
Freeport, Grand Bahama and British Colonial Hilton,

‘Nassau, Bahamas.

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Food and Beverage Service
Accounting
Emergency Medical Technician/Nurse
~ Residential Services/Inn Management
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Interview Schedule

Our Lucaya, Freeport, Grand Bahama

Monday, September 29, 2008
9:00 a.m.- 4:30 p.m. AND 6:00 p.m. - 8:00 p.m.

Tuesday, September 30, 2008
8:30 a.m. - 4:00 p.m. AND 6:00 p.m. - 8:00p.m.

British

Colonial Hilton, Nassau,
New Providence

Wednesday, October 1, 2008
9:00 am - 4:30 p.m. AND 6:00 p.m. - 8:00 p.m.

Thursday, October 2008
8:30 a.m. - 2:30 p.m.

Call 242-367-0800 or email hr@bakersbayclub.com to
submit your resume and schedule your interview!

“Becoming the Employer of Choice
_in The Bahamas!”



beer.

Still, Walter doesn’t see
employers skimping on their
staffs. They may be putting on
less of a party, but “they’ll off-
set that with a bonus.”

Another way businesses are
saving on-parties is to hold
them during off-peak times,
Walter said. Thursdays in
December are the most popu-
lar and therefore the most
expensive dates, so some com-
panies are putting their cele-
brations off until January.
Also, many staffers might
appreciate a winter break
rather than another commit-
ment during the busy holiday
season.

Walter’s company will be
holding its holiday parties —
one just for staffers and one in
which families are invited — as
usual between Christmas and
New Year’s.

Owners may find that some
creativity is all it takes to put
ona great party. —

Kevin McLaughlin is saving
money on his Princeton, N.J.,
marketing firm’s party this year
by bartering publicity work for
dinner at one of His clients, a
hip local restaurant.

“We can run our business
efficiently and at the same time
treat our employees well,” said
McLaughlin, owner of
Resound Marketing.

McLaughlin expects to
spend half as much this year

on a holiday party as he did

on last year’s celebration,
which was a trip to Atlantic
City for his staff of eight and
their guests.

“I would rather put money
into employees’ pockets rather
than travel,” McLaughlin said.
“They can spend it as they
want.”






Accounting [ (12 Weeks}
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COMPLETED INFRASTRUCTURE




INCLUD

« Paved Roads « Water & Sewerage
Phone « Cable « Electricity *. Street Lights

RECREATIONAL PA



INCLUDES:

Tennis Courts ° Ornamental Pond
Jogging Trails « Playground ¢ Basketball
Court Gazebos ¢ Grills

Lot sizes starting at 65x101

502-6338/9

Prices starting at $106,500

Me emi AU

BIVI reserves the right to cancel courses if a minimum Pr ica
Mme meristem acm imese sb Cae
refund if classes are cancelled by the institution. :

PPRUaroRted ae dNeC eee ie cose aD tes arts

Course Schedule and Course Materials.

a

Early registration Kelps eliminate the disappointment of course”

Tea Lae

Non-Bahamians are required to pay an additional fee.



i Vins! Htstll bu. Shite a a : Ma Yeripy/ sm .
; 10 WEEK PROGRAMS
yw. OCT 3 > DEC-6, 2008

| 12 WEEK PROGRAMS
: OCT 3 - DEC 20, 2008

| 15 WEEK PROGRAMS
i SEPT 8 - DEC 20, 2008

MORE HAPPENINGS!

— — a Ma ae Se RR RR SS eS

at BTVI Campus

|



|
|
1 |
1 |
|
{





|
|
|
|
|
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|
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|
PAGE 8B, THURSDAY, SEPTEMBER 18, 2008

7 ane SUGAR

SUPER ae
5 eens STAMPS 23 )
















VALUE

NOW ACCEPTING
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QUANTITY RIGHTS AND PRICES RESERVED _ )

























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THE TRIBUNE

THURSDAY, SEPTEMBER 18, 2008, PAGE 9B

BUSINESS



-'| White House
1 0 defends AIG

takeover

@ By BEN FELLER
Associated Press Writer

WASHINGTON (AP) —
The White House gave a new-
ly nuanced description
Wednesday of the US econo-

my, calling it a mixed picture’

and saying it ultimately will
weather the current turmoil.

President Bush’s chief
spokeswoman also defended
the extraordinary federal
takeover of sinking insurance
giant American International
Group Inc., while not ruling
out further private-sector
bailouts by Washington.

Press secretary Dana Peri-
no said that help for other
endangered corporations
would be considered by the
government on a “case-by-case
basis.”

Among those pleading for
Washington’s help, for
instance, is the struggling US
auto industry, which has suf-
fered massive losses but
remains a backbone of the
economy. A bill before Con-
gress would give the compa-
nies $25 billion in federal loans,
a program established but not
funded under an energy bill
passed last year. Perino said
the White House would not
comment on that prospect until
Congress decides whether to
go ahead with approving the
money.

Perino refused to repeat the
White House’s standard line
about the US economy, often
used by Bush, who has said
that its “fundamentals are
strong.” Republican presiden-
tial candidates John McCain
used that phrase Monday,
earning him ridicule’ from

Democratic opponent Barack
Obama as being out of touch.
McCain later clarified that he
meant that the fundamental
strength of the American
worker remained strong.

With those accusations and
.counteraccusations swirling in
an election-campaign environ-
ment, Perino suggested
Wednesday that this assess-
ment no longer stands.

“It’s not clear-cut,” she said,
because of a proliferation of
both positive and negative eco-
nomic indicators, sometimes
coming on the same day.

“We are in a position of
strength to be able to deal with

this crisis,” Perino said. “It will

take us awhile.”

In the most far-reaching
intervention into the private
sector ever for the Federal
Reserve, the government
stepped in Tuesday to rescue
American International Group
inc. with an $85 billion injec-
tion of taxpayer money. The

government will get almost an «

80 per cent stake in the com-
pany.

Perino framed it as another
move to protect the economy
and save people from further
harm.

Given AIG’s size and scope,
the possible failure of the com-
pany appeared to pose a
greater risk than the $85 bil-
lion loan, she said. But while
Perino said the terms require
taxpayers to be paid back first,
when asked whether taxpay-
ers may not get their money
back at all, she said, “That is
true.”

Bush agreed with the loan
for AIG at the White House
on Tuesday after being pre-

sented with a recommendation
from Treasury Secretary Hen-
ry Paulson and Fed Chairman
Ben Bernanke during a meet-
ing of economic advisers. Peri-
no said it is More appropriate
to describe Bush's role as con-
sulting on the move rather
than approving it.

She said she understands
why Americans would be con-
fused that the government
would be willing to put tax-
payer money at risk for some
companies and-not others, and
that putting federal money into
the private sector might be
seen as at odds with Bush's
conservative, free-market eco-
nomic philosophy.

“We are dealing with very
challenging times,” Perino told
reporters. “You have a gov-
ernment that is willing to lead,
act where appropriate, and
govern to make sure that we
limit broader fing incial harm to
the economy.

The president has been silent
about the market turmoil since
Monday. He canceled previ-
ously announced plans to talk
about it on Tuesday, and Peri-
no said he would not be heard
from on the topic on Wednes-
day, either.

Bush has not held a full news
conference in two months.
Perino said the president is
reluctant to hold a news con-
ference because he believes
reporters would try to draw
him into the daily back-and-
forth between the Democratic
and Republican candidates to
replace him and that that
would be inappropriate.

“J grant you, you haven't
heard from him in a while.”
she said.

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3 pk.

SALE STARTS

MONDAY SEPTEMBER 15th - SATURDAY SEPTEMBER 20th.

Located: Harbour Bay Shopping Center
Ph: 393-4440 or 393-4448


PAGE 10B, THURSDAY, SEPTEMBER 18, 2008

the sides and back.

left side.Painted white trimmed light agua.



Lot No. 162, Pastel Gardens Subdivision

All that lot of Land having an area of 5,233 sq ft, being
Lot #162, of the subdivision known as Pastel Gardens,
situated in the southern district of New Providence. Located
on this property is a4yr ald single family residence consiting
of approximately 995 sq. ft. of enclosed living space with
3-bedrooms with closets, 1-bath, living, dining & kitchen.
the land is on a grade and level; the site appears to be
sufficiently elevated to disallow the possibility of flooding
during heavy rainy periods. The yard has chained linked
fencing at the sides and back & a low wall in front.



Appraisal: $228,362.60

Traveling from Marshall Road, take main entrance into Pastel Gardens, take Ist left then right at T-Junction
(Peach St) then take Ist left (Lilac St) the subject property will be about the 6th house on the right side painted
lilac trimmed white.

LOT NO. 1 WESTERN SHORES

All that lot of land having an area of 7,389 sq. ft., being lot
#1 of the Subdivision known as Western Shores Phase Il,
the said Subdivision situated in the Western District of New
Providence, Bahamas. Located on the subject property is
a single structure comprising of a single family residence
consisting of approximately 2,430 sq. ft. of enclosed living
space. The residence comprises of 3-bedroom with closets,
2 1/2 bathrooms, living/dining rooms, study, kitchen, utility
room, porch and enclosed garage with electronic door. The
land appears to be sufficiently elevated to disallow the
: possibility of flooding during annual heavy rainy periods of
the year. The grounds are fairly well kept with improvements including driveway, walkway and swimming pool. The
yard is enclosed with walls. ;



Appraisal: $753,570.00

Traveling west on West Bay Street. Go pass Orange Hill and Indigo Subdivisions, the house is located on the left near
Tusculum Subdivision and painted all white. .

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.





DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b
with an area for a small shop. Age 12 years the land
isa portion of one of the Dundas Town Crown Allotment
parcels stretching from Forest Drive to Front Street,
being just under a quarter acre in size and on the
lowside. A concrete block structure, with asphalt
shingle roof and L-shape in design with a total length
of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior
walls are concrete blocks, ceiling is sheet rock and
the floors of vinyl tiles.

Appraisal: $265,225.00



LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS
All that lot of land having an area of 7,500 sq. ft., being lot
12, of the subdivisian known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family residence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
1-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods. The grounds are fairly
kept, with improvements including parking area, walking
pathway and low shrubs. The yard is enclosed with chain linked fencing at the back and southern sides.

Appraisal: $239,500.00
Traveling west on Carmichael Road, enter West Avenue, on the South side immediately after Topps Laundromat. Take
first right which is Wimpole St., go around the curve on the left which is London Avenue, traveling south on London
Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is
an L shape triplex, painted green, trimmed white. ¥



Bogue North Eleuthera. All utilities and services available.



a topography of approximately 2 ft. with all utilities and services available.



Island Harbour Beach, Exuma :

All that parcel or lot of vacant land containing 10,000 (80’X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour Beach

Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas. The property is located

on an unpaved road known as Stocking Road. The property also has a commanding view of the ocean. /
Appraisal: $80,000.00

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. This property is bounded about 103.44 fi 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: $40,328.00 :

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement of Gregory
Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting
as follows:- Northwestwardly by the main Queens Highway and is running thereon for a distance of 125.462 feet
northwestwardly by the land now of formerly the property of Coridon Limited, and running thereon for a distance of 390.274
hundredth ft.; southwestwardly by a 30’ wide road reservation and running thereon for a distance of 128.128 hundredth
ft; southeastwardly by the land now or formerly the property of the Venor and running thereon for a distance of 322.955
hundredth ft. This property having an area of approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial
development and is quiet and peaceful with a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,421.00
This lot is vacant land and is located in the area known as “Mutton Fish Point”



For conditions of sale and other information contact





THE TRIBUNE

MISCELLANEOUS PROPERTIES

THE TRIBUNE,
September 18, 2008



Lot No. 181, Dorsetteville Bamboo Town

All that piece parcel or lot of land having an area of 5,000 sq ft, being lot # 181, of the subdivision known as Dorsetteville which is situated in the southern district of New
Providence located on this property is an approximately 25yr old single family residence comprising of approximately 1,162 sq ft & consisting of 2-bedrooms, !-bath,
kitchen, living, dining room & carport. The land is on a grade and level; the site appears to be sufficiently elevated to disallow the possibility of flooding during heavy
rainy periods. The grounds are fairly kept with improvements of concrete parking area & concrete walkways around the premises. The yard has chained linked fencing at

Appraisal: $149,016.00

Traveling East Street South, turn right at porky’s service station [Victoria Blvd]. Take the 4th corner on the right (Raynell Drive) the subject property will be the 4th on the



Lot No. 186, Coral Harbour Waterways, Coral Harbour

All that lot of land having an area of 12,150 sq ft, being
lot # 186, of the subdivision known as Coral Harbour
Waterways, situated in the western district of New
Providence. Located on this property is a single family
residence comprising of approximately 2,482 sq. ft. of
enclosed living space consisting of 3-bedrooms with
closets, 2 bathrooms, kitchen, living, dining, family &
utility rooms with office (loft), the residence is also
equipped with 2-car garage with electronic doors the land
is on a grade and level; the site appears to be sufficiently
elevated to disallow the possibility of flooding during heavy rainy periods.





Appraisal: $427,726.80
take coral harbour road from the round about, head straight toward the canal, take about the 3rd right, hopkins
drive. the subject property will be the Ist house on the right side painted all white.

Eleuthera Island Shores Subdivision LOT
NO. 1, BLOCK NO. 45,

SECTION E, ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having an area of

9,644 sq. ft. being lot #1 in block 45, Section “E” in

the subdivision called and known as Eleuthera Island

Shores Subdivision, situated in the vicinity of Hatchet

Bay Harbour, on the island of Eleuthera, one of the

islands of the Commonwealth of The Bahams. This
: | site encompasses a two storey building which is
approximately 14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the
upper level, approximately 1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms, front room, dining
room, den, kitchen, and utility room. The wooden porch on the upper level is approximately 148sq. ft. There is also a
water cistern under the dining room floor area. All utilities and services available.



.

Appraisal: $151,007.00
This property is situated in Eleuthera Island Shores:

Lot No. 3 Yamacraw , Beach Estates

All that lot of land having an area of 10,000 sq ft, being
lot no. 3 in Yamacraw Beach Estates, in the said subdivision
situated in the eastern district of New Providence Bahamas.
Located on the subject property is a single-storey triplex
building comprising of 3 units with two 2-bedrooms, 1-
bathroom, living, dining, kitchen apartments unit and one
unit being used as a barber and beauty salon. 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.
Appraisal: $313,016.00
Traveling south on Fox Hill Road,.go pass Yamacraw
Hill Road and Joe Farrington’Road. The subject property is located on the left hand side of Fox Hill road painted
white trimmed brown. ‘



Dorsetteville, Bamboo Town . /
Investment Opportunity Musi Sell Lot No. 5
All that lot of land having an area of 5,000 sq ft, being lot no. 51,
of the subdivision known as Dorsetteville, the said subdivision situated
in the southern district of New Providence Bahamas. Located on
the subject property is a structure comprising of an approximately
20yr old duplex apartment comprising of approximately 1,641
sq. ft. of enclosed living space which includes two 2-bedrooms; 1-
bath, kitchen, living & dining rooms units. and an approximately
Qyr old one bedroom apartment building comprising of 382 sq.
ft. with bath, kitchen, living/dining room. the land is on a grade
and level; 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 with improvements of concrete
parking area & concrete walkways around the premises. The yard is enclosed with chained linked fencing at the side
and back. | ~ .
Appraisal: $202,225.40
- Traveling south on East Street from Soldier Road, turn right at Porky’s Service Station [Victoria Blvd]. Travel pass the third
corner on the left, the subject property will be the 9th on the left side. Painted green trim white.





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 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 junction 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 (sapodilla blvd), the subject house is about 400 yards on the right painted yellow
trimmed gréen, with green and white door. :



ELEUTHERA - LOT NO. 90-D, LOWER BOGUE

All that piece parcel or lot of land containing 42,616 sq. ft. and being Lot # 90-D on a survey plan situated in the settlement of Lower Bogue on the island of Eleuthera,
this site encompasses a commercial building consisting of a restaurant and disco that is approximately 13 yrs old, with a total sq. ft. of approximately 4,852.12, which
includes male & female rest rooms, stage area, 2-dressing rooms, dining room, commercial kitchen and storages inprovements also includes a 660.4 sq, ft, front veranda,
752 sq, ft, concrete walk-ways, and 192 sq, ft, back porch. This building is central air-conditioned.

Appraisal: $490,671.00

This property is situated on the western side of the main Eleuthera Highway & approximately 2,219 ft. northerly of Four-For-Nothing Road, in the settlement of Lower

~ VACANT PROPERTIES

MUTTON FISH POINT NORTH ELEUTHERA : ; ;
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the settlement of Gregory Town on the island of
Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 393.13 hundredth ft.;
outwardly by a 30’ wide road reservation and running thereon for a distance of 402.57 hundredth ft; eastwardly by the main Queen's Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or formerly the
property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has



APPRAISAL: $51,421.00 °

‘ LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000 sq. ft., and being Lot No. 10B situated North of Ingraham’s
Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, one of the islands of the Commonwealth of the
Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and running thereon for a distance of (90)
ft; on the East by Lot No. 11B and running thereon for a distance of (100) ft; on the south by a 20’ wide road reservation
and running thereon (90) ft on the west by Lot No. 9B running thereon for a distance of (100) Ft, the said Lot is overgrown
with shrubs and is in close proximity of a white sandy beach. This neighborhood is zoned residential development and
is quiet and peaceful with a topography of approximately 50ft and because of this there is no danger of flooding. The area
is approximately 80% developed with all utilities and services available.
APPRAISAL: $72,000.00

MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and designated “F”
which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward of the settlement
of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The Bahamas, and bounded and
abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for
a distance of 383.56 hundredth ft; southwardly by land now or formerly the property of Caridon Limited and running
thereon for a distance of 393-19 hundredth ft. eastwardly by the main Queen’s Highway and running thereon for a distance
of 113.40 hundredth ft. westwardly by land now or formerly the property of Coridon Limited and running thereon for a
distance of 113.40 hundredth ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful
and has a topography of approximately 2 ft. with all utilities and services available.
APPRAISAL: $51,276.00

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com ° Fax 356-3851


THE TRIBUNE THURSDAY, SEPTEMBER 18, 2008, PAGE 11

INVESTMENT OPPORTUNITY |









Philip White @ 502-3077 email philip.white



MISCELLANEOUS PROPERTIES

THE TRIBUNE,
September 18, 2008

WINTON MEADOWS (Lot No. 382)

All that piece parcel or lot of land having an area of 8,300 sq. ft. being lot No. 382 situated in the subdivision known as Winton Meadows, the said -
subdivision situated in the Eastern District of the Island of New Providence,,Bahamas. This property is comprised of a 24 year old single family
residence with an attached efficiency (formerly the carport) consisting of approximately 2,675 sq. ft. of enclosed living area, front porch-198 sq..ft.,
back patio-380. The building is a two storey house. Besides the efficiency apartment, the house is comprised of 3-bedrooms, 3-bathrooms, inclusive
of a master bedroom suite upstairs. Foyer, front room, dining room, family room, powder room, utility room, breakfast nook and kitchen downstairs.
Climate control is provided by ducted central air conditioning, with air circulation enhanced by ceiling fans and other amenities. Quality of construction:
- Average. Standard of maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently
elevated to disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are well kept, with
improvements including neatly maintained lawns with flowering trees, and a concrete garden/storage shed, which is located in the backyard. The yard
is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railings, and metal gates at the front and back.

APPRAISAL: $365,000.00

Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows Boulevard, turn right onto Meadows Boulevard, go south and take the 4th left, then Ist right. The subject house

is the 2nd house on the left side painted beige trimmed white. - '

patio.



Lot Located Stella Maris, Long Island

All that lot of land having an area of 30,000 sq ft, more or less, having a 150 ft of road frontage & running back 200 ft at its most is located within the _
Stella Maris Subdivision in North Long Island one of the Island of the Commonwealth of The Bahamas. Located on this property is a 6yr old split level
residence consiting of approximately 3,058 sq. ft. of enclosed living space with 2-bedrooms, 2-bathroms, living, dining & tv rooms, kitchen & breakfast
room, also a garage which serves as a laundry room. There is also attached to the home a 10,000 gallon rain water holding tank & 1,202 sq ft of tiled

SIR LYNDEN PINDLING
ESTATES

All that lot of land having an area of
5000 sq ft, being lot 2525/6 of the
subdivision known as Sir Lynden
Pindling Estates, the said subdivision
is situated in the southeastern district

of ‘New Providence Bahamas. This
property is comprised of an
‘approximately 4 yrs old single family
residence consisting of
approximately 1,220 sq. ft of
enclosed living space, with 3-
bedrooms, 2-bathrooms, living/dining

room, kitchen and utility room. 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. the grounds are fairly kept, with improvements
including a walkway. The yard is .enclosed with chain linked fencing.

Appraisal: $155,694.40



Traveling through Pinewood Gardens from East Street. go to the roundabout. heading north from the ©

* roundabout, take the 2nd corner right heading east toward Sir Lynden Pindling Estates. After passing the

convenience store, take the Ist corner right and head toward the Charles Saunders Highway, the property
is the 5th house on the left.



LOT NO. 9, WORKERS
BANK SUBDIVISION |

All that lot of land being Lot No. 9,
in the subdivision known as Workers
Bank Subdivision situated in the
qd western district of New Providence,

approximately 5,600 sq. ft. located
on the subject property is a 3 year old
single storey single family residence
comprising of approximately 1,220
sq., ft of enclosed living space and

2 bathrooms, living, dining and
kitchen, ventilation is provided by ceiling fans. .
Appraisal: $176,494.50

Travelling west on Harrold Road pass the round about of Sir Milo Butler Highway & take the 1st corner
left between The-Testing & Valuation building & The Workers Laundrymat, travel over the hill & the

_ subject property will be located on the right side of the street painted all white.



LOT NO. 359,
ELIZABETH
ESTATES

All that lot of land being Lot No.
359, in the subdivision known as
Elizabeth Estates situated in the
eastern district of New. Providence,
Bahamas & having an area of
approximately 5,000 sq. ft. located
on the subject property is a 22 year
old single family residence
comprising of approximately 871
sq, ft of enclosed living space
consisting of 3-bedrooms, 1-bathroom, living, dining, kitchen & laundry room. The land is flat but
appears to be sufficiently elevated to withstand the annual rain fall. The property is landscaped & contains
low shrubs, flowering & fruit trees - ! : ;

Appraisal: $123,425.00
Travelling east on Prince Charles Drive, turn through the main entrance into Elizabeth Estates —

Commonwealth Blvd, travel all the way to Thelma Gibson Primary School & turn right — St. Vincent
Ave. the subject property will be located on the next corner on the right side of Jamaica Ave & St. Vincent

_ Avenue painted all white.

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.

LOT NO. 6, BLOCK 2, MILLARS HEIGHTS
All that lot of vacant land having an area of 16,000 sq ft, of the subdivision known and designated as Millars Heights,
the said subdivision situated in the southwestern district of New Providence, Bahamias. This property is zonned multi
family / single family. 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.

APPRAISAL: $355,000.00

Travelling west on Carmichael Road after passing Bamboo Shack and East Ave, make a left turn onto West Ave. The
subject property will be on the left handside of the street enclosed with chain link fencing just before Wimpole Street

Lot B, Wilson Street, Rock Crusher

All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock
Crusher and in the vicinity of Perpall Tract situated: in, the western district of New Providence, Bahamas.
This property is zoned multi family/single family. Also located on this property is a structure comprising
of a duplex:at foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed
living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.

Appraisal: $97,214.00

Traveling West on Farrington Road take a right after the P.L.P. headquarters, go about midways
through to Wilson Street, go though the corner all the way to the dead end. The property is located
behind the chain linked fence at the back of the yard.

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

For conditions of sale and other information contact "s
@scotiabank.com or Harry Collie @ 502-3034 * email harry.collie@scotiab

(LOT NO. 62, LOWER
BOGUE) ELEUTHERA

All that piece parcel or lot of land 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

a total living area of approximately -
sq. ft. of approximately 655.75. This

igs home is approximately 85% completed.
The property is well landscaped with crab grass, fiascos and some fruit trees. 7



Appraisal: $229,426.00 ;

This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.

Parcel of Land Dunmore Town, |
Harbour Island

All that piece parcel or lot of land having an area of 10,070 sq ft, situated at Dunmore Town on Harbour
Island, Eleuthera, one of the Islands of The Commonwealth of The Bahamas. This site encompasses a
structure that is up to belt-course. The floor is not poured & is overgrown with bushes. The columns
are poured & the plumbing roughing is in place. This site is approximately 20% complete with a total

‘ square footage of 2,000 sq ft.

Appraisal: $134,630.00

This property is located in Dunmore Town, Harbour Island. This area is equiped with all utilities &
services available.

Lot No. 1010 # 1011, Pinewood Gardens Subdivision
All that lot of land having an area of 10,000 sq ft, being lot # 1010 & 1011, of the subdivision known as

_ Pinewood Garden, situate in the southern district of New Providence, Bahamas. Located on the subject
’ property is a foundation of a proposed structure. the land is on a grade & level; however the site appears

sufficiently elevated to disallow flooding during heavy rainy periods.
Appraisal: $140,000.00

Travelling from East Street south, take Sappodilla Blvd then turn onto Pigeon Plum St heading south, the
subject property is located on the corner of Pigeon Plum & Cordia Street.

Lot No. 1036 Garden Hills Estates

All that lot of land having an area of 5,989 sq ft, being Lot No. 1036 of the subdivision known as Garden
Hills Estates, a said subdivision situated in the southern district of New Providence, Bahamas. This property
is vacant land and is zonned residential - single family. The subject property is severely sloping downwards

Appraisal: $65,000.00

Travelling west on the East West Highway, take the 2nd entrance left into Garden Hills Estates next to Hillside
Mission Baptist Church, travel up the hill on Edelweis Ave to Orange blossom ave. mak a right on orange
Blossom Ave & the subject property is the 2nd on the left side.

Eleuthera - Lot No. 15, North Palmetto Point

All that piece parcel or lot of land containing 22,316 sq. ft. being a portion of a 25.166 acre tract “A” &
being lot # 15 in a development known as Spanish Main situated in the settlement of Palmetto Point on
the Island of Eleuthera, one of the Islands of The Bahamas. This area is complete with all utilities and

services available.
Appraisal: $65,832.00

This property is situatedat Spanish Main just off the Bank Road North Palmetto Point South Eleuthera
district. °

Lot B, Marigold Farm Road Allotment 67

All that lot of vacant land having an area of 1,173 acres and being referred to as the plot. the property is lot No. B and
is situated on Marigold Farm Road in the area known as Allotment 67, a subdivision situated in the south eastern district
of New Providence Bahamas. This property is zoned multi family.

Appraisal: $290,000.00
Traveling from Joe Farrington Road onto Marigold Farm Road heading south. The subject is th 2nd to last property
on the left hand side of the road near the pond.

Bahamas. Having: an area of -

consisting of 3-bedrooms with closets, .

room, kitchen and laundry room, with |

2,342.06. Property also includes a double _
car garage, and front entrance with a total -

A acon aera isceClsioh

i




PAGE 12B, THURSDAY, SEPTEMBER 18, 2008



THE TRIBUNE

INVESTMENT OPPORTUNITY
MUST SELL




NEW PROVIDENCE

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
sa Addition. Situate in the Western
' District on the island of New
* Providence.

Located on the subject property is
_ a newly con-structed single storey
" structure comprising 6,000 feet of
living space with a three. Car
Garage.

No. 17 WESTRIDGE ESTATES



The building is 75% completed and °

comprises five bedrooms, four and a half baths study, living/dining, family room,
kitchen, laundry ana 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 or the right
hand side of the road.

SPOHSAHSSSSCOHFSSSSSESSSFESOSEPSEFIES

Lot #18 BLOCK #27 VENICE BAY Appraisal $591,955.00

A mulitfamily tot of 12,225 square feet comprising three structures. One
complete unit at thé, front comprising 1638 and a porch of 200 square feet of
living space. A middie structure (town house) of 1626 square feet of living
space thats 80% complete and the third building at the rear of the property up
to belt course comprising 1627 square feet. “Each building has two bedrooms,
one bathroom, living and dining areas and
kitchen.








Directions: Travelling West on Carmichael Road, turn onto
Bacardi Road. Travel South past Millar’s Pond just before
reaching Bacardi. Turn Right onto paved road after
passing the pond. Subject is located on the Right side of
the road.

SORSHAKMASHAGHHAHHDARHHESHEBHAHHEED

Appraisal: $171,000.00

LOT #17 ALLEN’S DRIVE
CARMICHAEL ROAD .

The subject property is developed
with a duplex building consisting |
ofapproximately 1,512 square feet
of living space, ‘inclusive of! two ¢&
bedrooms; living ‘and dirling areas, :
kitchen and bathroom. Ventilation |
in bedrooms is by Wall aircondition
units,

Directions: Traveling West on Caemichael take the. Toner North of “Golden Gates,

Assembly immediately before Texico Station. Follow the bend. Subject property is
shortly after passing bend. Painted Green trimmed blue.

BEOROSSOSROOESORSORHORHORSOREOAS

DUPLEX

EMERALD RIDGE, Appraisal: $189,000.00

All that lot of land having an area of
5,100 square feet (S50x101) being lot 54
of the subdivision known as Emerald
Ridge, situate in the Southern District

of New Providence. The property is
| elevated’ and on a level grade and
zoned.as single/multi family residential.

30 year old duplex apartment
cohsisting of approximately 1,325
Square feet of enclosed living space.
Each ' apartment comprises © two
bedrooms, one bathroom, dining room,
2428 living room and kitchen.

Directions: From Soldier Road anaes Nassau Christie Academy, take corner all the way
towards Red Land Acres. Subject is located on the left going over the hill, painted white
trimmed light blue.



AEHAESAS ERLE CRATER COSI EROS SLOSS

LOT #1440 GOLDEN GATES — Appraisal: $335,000.00




Located on this 6,000 square feet
property is a split level single family
dwelling comprising four bedrooms,
two and a half bathrooms, fiving and
dining rooms, kitchen and TV room,
Attached to the main house is two
one bedroom apartments.

Directions: Take Carmichael Road A Headline west, turn corner opposite BFM Church, Cedar
Way, then take first corner on the right, Tangerine Street. Subject will be about the second on
the right hand side of the road.

SOHRHOHSSRHORHOHSORHOESOHHOREOERS




mim oe es ne





CANON JOHN PUGH ESTATES Appraisal: $185,000.00

sy .- Lot 17 comprising an area of
oe ss ; approximately 5,220 square feet.
severe Located thereon is a two year
old single family dwelling of
approximately 1,428 suare feet
4 of living space inclusive of a
; small entrance porch, four
bedrooms, two bathrooms, living
f and dining area, a kitchen anda
1 utility room.



Directions: Travelling North on Fox Hill Road off Prince Charles, take first corner on
the left. Proceed past Foxdale’s entrance and Freddy Munnings Estate. Continue
towards Saint Augustines. Take the last corner on the right and the immediate first
tad on the right. Subject will be the third on the right painted yellow trimmed
white



‘feet of enclosed space. The -



a retail store and. storage |
facility.
Directions: From Golden Gates

Located on the subject property is a 25-~



NEW PROVIDENCE

LOT 31 TWYNAM ESTATES

Appraisal: $456,000.00

A single family property
comprising 11,350 square feet.
Located on this property is an 11
year old single family two storey
residence comprising 3,794 square
feet of living space. The lower
floor consists .of living, dining and
kitchen area. A stairway, bathroom
J and other public areas. The upper
floor contains two bedrooms, one
bathroom, Master Suite inclusive
of bedroom, bathroom and baicony.

Directions: Travelling East on Prince. Gharles Drive, turn Right at Super Value Food
Store. Proceed to the T junction. Turn left, then an immediate Right. Property is
located near the Dead End corner on the Right side of the road.

!
SOVAGHEHTASPRHVESHESHESHCOTEOHOD

y

Lot 1 Block 2
DENEICE CAY & DELORIS DRIVE

VENICE BAY SUBDIVISION $191,000.00

Located on the subject property of
10,066 square feet, is oan
incomplete duplex apartment
complex (up, to Belt Course) of
approximately 2,200 square feet of |
' enclosed living space. The space
consist of (unit 1) two bedrooms,
two bathrooms, living, dining,
kitchen, Unit two consist of two
bedrooms, one bathroom, living,
| dining and kitchen. -

Direstione: Enter gate at Venice Bay, take the first left at Deloris Drive, subject will be
located on the first corner (Deneice Cay) or third property on the feft.

Appraisal:



OROPMOGROGROHR OHH SOR GOH EOHEOHEOD

LOT 238 SUN CLOSE Appraisal: $136,000.00

SUNSHINE PARK

Located on this 4,200 square
feet single/multi family
property is a 20-year-old
building of T-111 wood with
concrete floor, consisting |
approxi-mately 2,198 square |

structure was formerly used as



Shopping Centre, Baillou Hill Road.

Take the third corner on the Right after passing Farmer’s Market. Take the
second Right then First right (Sun Close) regi is the fourth Property on
the Right white trimmed biack. .

WIAA Ss

ELEUTHERA
Lot #115 GOVERNMENT SUBDIVISION
ALICE TOWN, HATCHET BAY



Appraisal: $101,023.00



Vemaued on this ney oF “S; 500 square feet is a 20-year- -old
single family residence of approximately 1,635 square feet of
living space. Included in this home is three bedrooms, two
bathrooms, living, dining rooms and kitchen. ~The house is in need
of repairs.

SHLOKTOTSORLOHTOHROHSOEROCEBOECSOS

EXUMA

BAHAMA SOUND #18
Lots 17663, 17664, 17665 -

The subject property is being
developed with a single family
split level residence of CBS
construction with 1956 square
feet of living space. The top
floor comprises 1496 square
feet and the lower floor
comprises 460 square feet. All
plumbing and electrical rough

Appraisal: $477,880.00



work has been completed. The block work
bottom floor with a portion of the upper floor completed.

is completed on the







FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034 — E-mail harry.collie@scotiabank.com or
PHILIP WHITE @ 502-3077 - E-mail philipwhite@scotiabank.com

Fax: 356-3851 - send bids to P. O. Box N-7518 Rosetta Street, Nassau, Bahamas


THE TRIBUNE THURSDAY, SEPTEMBER 18, 2008, PAGE 13B

INVESTMENT OPPORTUNITY
MUST SELL
FREEPORT FREEPORT

Lot 300, Haddock Street, Section 2
CARAVEL BEACH SUBDIVISION
FREEPORT, GRAND BAHAMA Appraisal: $163,000.00

The: property is multifamily
zoned, contains 11,000 square
feet and is well landscaped with
fruit trees. :
Living accomodations include a
master suite and_ private %
bathroom, two auxiliary ®
bedrooms with closets, | a ge:
‘hallway bath, laundry room and @
enclosed patio. Included in the #
structure is a front porch, ~
entrance foyer, living and dining rooms and a Full service kitchen. Total
area of living space is 1,502 square feet. |







Lot 23A, Block KN, John Wentworth Avenue, Unit 1

BAHAMIA NORTH SUBDIVISION
FREEPORT GRAND BAHAMA SOP $718, 000. OO.























































Located on this Multi Family lot of 23,564 square feet are two incomplete
buildings. Single story Triplex of 3,502 square feet inclusive of Living and
dining area with full service kitchen three bedrooms inclusive of Master
bedroom and two bathrooms per unit.

POCHSOSHHEHHSHSESOSFEH HESS OE HORSES

Lot 12 Block 13 Unit 2
GREENING GLADE. | ,
FREEPORT, GRAND BAHAMA Appraisal: $254,355.00

Located ory this .35 of an
acre property. is a sixteen-
year-old single family
residence comprising four
bedrooms, two bathrooms,
living, dining, storage, utility.
and laundry rooms; there is a
foyer, kitchen and den. The
total area of living space is
3,016 square feet.

FROGPRSHLOGHCOSPLOFLHSFRESHESHTOHE

Lot No. 37 BLOCK 33, CHURCHILL COURT,
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION,
FREEPORT, GRAND BAHAMA __ Appraisal: $337,000.00



ROOCKRHOHHOSLOSHLOSSTIOSHOOHSOHEOERD



All that lot of land Raving an area of 16,533 sq. ft. being lot No. 37 of the
subdivision known and designated as Bahamia Marina and Bahamia Section
4 Subdivision, Freeport, Grand Bahama. Located on this property is a
structure comprising a 3 year old duplex structure which covers
approximately (3,058) square feet. Apartment consisting of two 2-bedrooms,
2-bathroom with private Jacuzzi in master bath, spacious living and dining
room, full service kitchen, a laundry and utility room, foyer/hallway with linen
and storage closet. The property is fully secured by six foot plastic coated
chain-link fence runs along the side and rear and adjoins the painted 4 foot
wall, with 5 foot pillars at front with electronic gate.

Lot 14, Block 11
DERBY SHED on FREEPORT Appraisal: $112,680.00

Lot 14, Block 11 Derby
Subdivision. Located on the
subject property of 11,250
square feet, is an incomplete
single storey single family
“house of approximately 1,008
square feet of enclosed living
space. The space consist of
one bedroom, one bathroom,
living, dining, kitchen. There
are porches at the front and
rear entrances.

SHERGOSKLOHROSHSSHVOSFROSHSOHTOHROO

i

Lot 96 HUDSON ESTATES Appraisal: $116,190.00
B









Lot 12B, Block LN, Unit 2
BAHAMIA NORTH, FREEPORT Appraisal: $54,000.00

The property: is located on Cadwallader Drive and has an area of
approximately 24,001.56 aatare feet. It is multi-family zoned.






































DERBY
UNIT 3, BLOCK 10, LOT 11 (CANAL Lot)

FREEPORT, GRAND BAHAMA Appraisal: $96,000.00

All that piece, parcel or lot land being Block 10, Lot 11 of Derby.

“Subdivision. The land is vacant, rectangular in shape, on level ground

_and is on a canal. Contains. approximately 11, 250 sq. ft. and is ina
single family residential area.

Located on this 72x102 feet property is a 16 years old single
family dwelling comprising 1,490 square feet of living space. This
includes, a living, dining and laundry room, kitchen, three.
bedrooms, two bathrooms, a garage and entrance porch.

HPORKOREHOEHORHOHRHSOEDODLORSOOER

Lot 188 SCOTT AVE, EAST SECTION 1 SUBDIVISION,

‘FREEPORT, GRAND BAHAMA Appraisal: $140,000.00 FAMILY IS LAN Ds

The subject lot is
approximately 12,322 square
feet. Situated on this
property is a single story
single family dwelling of
2,800 square feet of living
space. This includes a small
front porch, a large foyer, a
sunken living room with
fireplace and chimney, a
dining area, a_ full service
kitchen, a family room with
adjoining faundry and
storage room. A hallway with linen closets, a hallway bathroom. Three
auxillary bedrooms with closets and a master bedroom with walk- in
closet and private bathroom.

EXUMA

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION Appraisal: $673,075.00



POOP LOSCHOSHHOSOHVOSVOSHSOH TOO ROONE

Lot 67 Block 7
BAHAMIA WEST REPLAT Appraisal: $219,614.00

Located on this .30 of an acre
property is a newly built 1,900
square feet of living space single
family dwelling comprising an
entrance porch, four bedrooms,
two bathrooms and kitchen; a
living, dining, powder and laundry
room with adequate closet and
storage space,



The subject property is located on Kingway Road and is
developed with an area of 20,000 square feet. Situated thereon is
a residence comprised of 3,645 square feet of living
accommodations, inclusive of 4 bedrooms, 2 baths, with laundry
and utility spaces and a two bedroom one 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. |



FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034 - E-mail harry.collie@scotiabank.com or

PHILIP WHITE @ 502-3077 — E-mail philipwhite@scotiabank.com
ahs 356-3851 - send bids to P. O. Box wa) een Does eas pha aan Bahamas»

i ’ +
PAGE 14B, THURSDAY, SEPTEMBER 18, 2008

THETRIBUNE _



LASER INVESTMENTS LIMITED
(Company number 101,589B)

@ By JEANNINE AVERSA,
IEVA M AUGSTUMS and
STEPHEN BERNARD
AP Business Writers

An International Business Company

(In Voluntary Liquidation)

WASHINGTON (AP) —
We, Pine Limited, Liquidator of LASER INVESTMENTS LIMIT- Another day, but Gr, ae?

ED hererby certify that the winding up and dissolution of LASSER. |--another-bailout: This one’s a
INVESTMENTS LIMITED has been completed in accordance with stunning government takeover.
the Articles of Dissolution and that LASER INVESTMENTS LIM- In the most far-reaching

; op alate avat
ITED has been dissolved as of 3rd day of September. 2008. - Boece tk o Hederal

Reserve, the government
stepped in Tuesday to rescue
American International Group
Inc. with an $85 billion injec-
tion of taxpayer money. Under
the deal, the government will
get a 79.9 per cent stake in one
of the world’s largest insurers
and the right to remove senior
“management.

Dated this 16th day of September, 2008

Pine Limited
Liquidator



t
Ni Oo

The following persons are asked to contact

STOR-IT-ALL OF NASSAU, LIMITED

in connection with items left in storage:



* FRANKLYN KNOWLES —— * JAVAN SWEETING
* ELLISON HANNA « LILA WATERS
* CARLOTTA SCOTT ° PRINCESS MARGARET
* SUSAN CULMER Hosp ITAL.
* SHARON BAIN : SAMANTHA SMITH
¢ VIP ENTERPRISES

2 ROOTS JIN ANAND



All rentals ny be paid and items removed no later than September 23rd, 2008

stor-it-all
Soldier Road

TaN Lowe's Wholesale),
Telephone: 393-0964

VACANCY FOR THE POSITION OF:
| RELATIONSHIP MANAGER,
CORPORATE CREDIT



Core responsibilities:

¢ Acts as Relationship Manager to high risk clientele by liaising with
clients to determine needs and resolve issues, providing answers .
and communication wherever necessary. — LO

¢ Perform maintenance and records management on existing
portfolios and advise Corporate Credit Consultants-of-any-issues. -

¢ Perform constant follow up on high risk/impaired accounts and
institutes proper procedures regarding the collection of same.

¢ Assess financial position of high risk/impaired loans.

¢ Prepare credit proposals by conducting comprehensive financial
and non-financial analysis.

¢ Provide coaching, guidance, and direction to line lenders in the
assessment and structuring of credit facilities. .

Knowledge, Skills and Abilities:

¢ Bachelor’s Degree and five or more years of credit experience.

¢ Strong accounting skills and the ability to provide financial
analyses.

¢ Strong negotiation skills.

° Detailed knowledge of credit and collections.

* Core knowledge of legal practices and documentation.

Benefits include: Competitive salary commensurate with
experience and qualifications; Group Medical (includes dental
and vision) and life insurance; pension scheme.

Interested persons should apply no later than

September 26", 3008 t0: ie alae oes

The Tribune
DA#63405
P.O. Box N3207
Nassau, Bahatnas

AIG’s chief executive,
Robert Willumstad, is expect-
ed to be replaced by Edward
Liddy, the former head of
insurer Allstate Corp., accord-
ing to The Wall Street Jour-
nal, citing a person it did not
name. Willumstad had been at
the helm of AIG since June.

A call to AIG to confirm the
executive change was not
immediately returned.

It was the second time this
month the feds put taxpayer
money an the hook to rescue a
private financial company, say-
ing its failure would further
disrupt markets and threaten
the already fragile economy.

AIG said it will repay the
money in full with proceeds
from the sales of some of its
assets. It will be up to the com-
pany to decide which assets to
sell and the timing. The gov-
ernment does, however, have
veto power.

Under the deal, the Federal
Reserve will provide a two-
year $85 billion emergency
loan at an interest rate of about
11.5 per cent to AIG, which
teetered on the edge of failure
because of stresses caused by
the collapse of the subprime

mortgage market and the cred-

it crunch that ensued. In
return, the government will get
a 79.9 per cent stake in AIG
and the right to remove senior
management.

AIG shares sank $1.34, or
36 per cent, to $2.41 in morn-
ing trading Wednesday. They

traded as high as $70.13 in the -

past year.

Move

The government’s move was —

similar to its bailout of Sep-
tember 7 of mortgage giants

Fannie Mae and Freddie Mac, *

where the Treasury Depart-
ment said it was prepared to
put up as much as $100 billion
over time in each of the com-
panies if needed to keep them
from going broke.

The Fed said it determined
that a disorderly failure of AIG
could hurt the already delicate
financial markets and the econ-
omy.

It also could “lead to sub-
stantially higher borrowing
costs, reduced household
wealth and materially weaker
economic performance,” the
Fed said in a statement.

The decision to help AIG
marked a reversal for the gov-

LUCAN INVESTMENTS LIMITED
(Company number 127,841B)

An International Business Company .

(In Voluntary Liquidation)

We, Pine Limited, Liquidator of LUCAN INVESTMENTS LIM-
ITED hererby certify that the winding up and dissolution of LUCAN

TVET GETMENTS TIMITED has been completed in accordance with
the -articles of Dissolution and that LUCAN INVESTMENTS LIM-
ITED has been dissolved as of 3rd day of September. 2008.

Dated this 16th day of September, 2008

6

Pine Limited
Liquidator



Government steps in

ernment from the weekend,
when it refused to use taxpay-
er money to bail out Lehman
Brothers. Holdings Inc.
Lehman, which filed for bank-
ruptcy protection Monday, col-
lapsed under the weight of
mounting. losses related to its
real estate-holdings.

The White House said it
backed the Fed’s decision
Tuesday.

-These steps are taken in the

in financial markets and limit-
ing damage to the broader
economy,” White House
spokesman Tony Fratto said.
After meeting with Treasury

. Secretary Henry Paulson and

Fed Chairman Ben Bernanke
in a late-night briefing on Capi-
tol Hill, Congressional leaders
said they understood the need
for the bailout. .

“The administration is
approaching an unprecedented _ .

. step, but unfortunately we are

living in unprecedented times.
Hearing of these plans, you
have to stop to cdtch your |
breath. But upon reflection,
the alternatives are much
worse,” said Senator Charles
Schumer, D-N.Y.
In a statement late Tuesday,

AIG’s board of directors said .

the loan will protect all AIG
policy holders, address con-
cerns of rating agencies and’

buy the company time to sell.

off assets.
“We expect that the pro-
ceeds of these sales will be suf-

ficient to repay the loan in full»

and enable AIG’s businesses
to continue as substantial par- ~
ticipants in their respective
markets,” the statement said.
“In return for providing this —
essential support, American
taxpayers will receive a sub-
stantial majority ownership
interest in AIG.”

New York officials said the
deal helps stave off a fiscal cri-
sis for the state. AIG is based

~ in New York.

“Policy holders will be pro-
tected, jobs will be saved,” -
New York Governor David
Paterson said Tuesday night.

In an interview on ABC’s

SEE next page

ATLANTIC MEDICAL INSURANCE
ACCOUNT REPRESENTATIVE

Atlantic Medical Insurance (AMI), part of the Colonial Group of
Companies (CGI) with headquarters i in Bermuda, is seeking an Account

Representative.

CGIL, with offices in Bermuda, the Cayman Islands, the British Virgin
Islands as well as The Bahamas, offers a complete range of premier
‘financial and insurance services and, over the past few years, has.
undertaken significant growth. This is an opportunity to be part of a
rapidly growing innovative company, focusing on providing clients with
first class service and access to competitive products.

Based in Nassau and reporting to the Accounts Manager for AMI, the. ..
Account Representative will be a motivated individual responsible
for marketing and promoting a range of group health products. It is
essential that applicants possess the following qualifications, experience

and attributes: .

Bachelors Degree in a relevant area required

Minimum of 3 years sales experience, with insurance sales
experience and familiarity with group employee benefits
products, including health, group life, LTD and AD&D preferred
Dynamic self-starter

Experience in undertaking presentations

Superior verbal and written communication skills
Strong numerical skills
Proficiency in MSWord, Excel and e-mail iene to intermediate

level

Compensation for the successful candidate will be attractive and linked
to performance. AMI offers an attractive benefits package that includes
comprehensive medical insurance, contributory pension plan, life and



long term disability coverage.

HR lantich m.

If you have a keen commitment to quality results and want to contribute
your talents to a dynamic company, contact us about this opportunity.
Applications will be treated in the strictest confidence and should be
submitted by email to:

The closing date for applications is 19% September, 2008.


THE TRIBUNE



FROM page 14

“Good Morning America”
program Wednesday, former
longtime AIG CEO Maurice
“Hank” Greenberg was asked
whether critics are being fair
who say the situation at AIG
and the financial markets gen-
erally happened because of
greed, bad business practices
and corruption.

“No, I think it’s an unfair
appraisal,” said Greenberg,
who was replaced as CEO
three years ago as part of an
accounting probe. “You know,
there are many things that
contributed to this unfortunate
’ episode. after I left the com-
pany, all the risk management
procedures that we had in
place were obviously disman-
tled. I can’t explain that.
There’s a new board of direc-
tors. One should be asking that
board of directors what they
did and why.”

Greenberg said he has lost

“my entire net worth. Literal-
ly, my entire net worth...

“Worked 40 years building
the greatest insurance compa-
ny in history, one that every-
one in the world envied who
was in this industry. I’ll get by,
but my heart goes out for the
thousands and thousands of
employees and their families
who shareholders and not only
in the united states but world-
wide. That is a tragedy,” he
said.

The Fed’s move was part of
a concerted push to help calm
jittery markets and investors
around the world.

On Tuesday, the Fed decid-
ed to keep its key interest rate
steady at two per cent, but
acknowledged stresses in
financial markets have grown
and hinted it stood ready to
lower rates if needed.

The central bank also
pumped $70 billion into the
nation’s financial system to
help ease credit stresses. In

emergency sessions over the
weekend, the Fed expanded
its loan programmes to Wall
Street firms, part of an ongo-
ing effort to get credit flowing
more freely.

The stock market, which
Monday posted its largest
point loss session since the
September 11 attacks, recov-
ered Tuesday after ‘the Fed’s
decision on interest rates, The
Dow Jones industrials rose 141
points after losing 500 points
on Monday.

AIG’s shares swung vio-
lently, though, as rumours of
potential deals involving the
government or private parties
emerged and were dashed. By
late Tuesday, its shares had
closed down 20 per cent — and
another 45 per cent after
hours.

The problems at AIG
stemmed from its insurance of

mortgage-backed securities:

and other risky debt against
default. If AIG couldn’t make

SUNSHINE INSURANCE

(Acunee & Hangar) Laatnnn

Ceptapiaateia me MM AR § HH

The world’s #1 risk snaciahet

MR. LAVELLE M. HAMILTON

is no longer employed with Sunshine
Insurance (Agents & Brokers) Ltd.
and is no longer authorized to conduct
business on behalf of Sunshine Insur-
ance or any of 1 it s affiliates.



CFA Society of The Bahamas

MONTHLY LUNCHEON SPEAKER EVENT



2008/2009 Officers & Directors

President

David Ramirez, CFA

Pictet Bank & Trust Ltd.

PO Box N-4837, Nassau Bahamas
Ph: (242) 302 2217

Fax: (242) 327 6610

Email:dramirez(pictet.com



Vice-President

Christopher Dorsett, CFA

Citigroup Coiporate & Investment Bank

PO Box N 8158, Nassau, Bahamas

Ph: (242) 362 8668

Fax: (242) 302 $569

Email: Christopher.a.dorsett@eitigroup.cum

Treasurer :
Sonia Beneby, CPA
ScoitaTrust
_ PO Box N 3016, Nassau, Bahamas.
Ph: (242) 502 5718
Fax: (242) 502 6944
Email: soniacurry@bloomberg.nef

Secretary

Karen Pinder, CFA, CAIA

EFG Bank & Trust (Bahamas) Ltd

PO Box SS 6289, Nassau, Bahamas
. Ph: (242) 502 5400

Fax: (242) 502 5428

Email: karen.pinder@efgbank.com

Programs & Public Relations

Jeremy Dyck, CFA

LOM Securities (Bahamas) Ltd.

PO Box CB 12762-525, Nassau, Bahamas
Ph: (242) 323 0032

Fax: (242).323-0084.... 2-0...
Email: jeremy.dyck@lom.com

Education

Velma Miller

Royal Fidelity Merchant Bank & Trust Limited
PO Box N 4853, Nassau, Bahamas

Ph: (242) 356 7764

Fax: (242) 326 3000

Email: velma.miller@royalfidelity.com

Scholarships

Warren Pustam, CFA, CGA

EverKey Global Partners

PO Box N 7776-518, Nassau Bahamas -
Ph: (242) 362 3093

Fax: (242) 362 6950

Email: warren@everkeyglobal.com

Membership

Pamela Musgrove, CFA

Colina Financial Advisors, Ltd.

PO Box CB 12407, Nassau, Bahamas
Ph: (242) 502 7008

Fax: (242) 356 3677

Email: pmusgrove@cfal.com

Past President

Kristina M. Fox, CFA

CIT Holdings Limited

PO Box N 1328, Nassau, Bahamas
Ph: (242) 363 1501

Fax: (242) 362 1502

Email: kf(@cit.co.uk



Topic:

Date:

Time:
Location:
Speaker:
Cost:

Reservations:

World”

11:30 am
12:00 pm
Please arrive promptly!

Arawak Room

Sheraton Cable Beach Resort

Lawrence S. Speidell, CRA

“Frontier Stock Markets: The Next to Join the Einetging

Wednesday September 24, 2008

General Meeting '
Speaker’s Address

Founder and Chief Investment Officer
Frontier Market Asset Management, LLC ~

La Jolla, CA

‘Members - $25.00
Non-Members — $35.00

(Cheques payable: to: CFA Society of The Bahamas)

PRE-REGISTRATON REQUIRED -

by Monday September 22, 2008, contact: —
Jeremy Dyck, CFA, tel. 323-0032, jeremy.dyck@lom.com

* Prepayment required through one of the Board Members

Larry Speidell is founding partner and chief investment officer of

Select Fund.

| Frontier Market Asset Management, sponsor of the Frontier Market

From 2003 to 2006 he was Executive Vice President at Laffer
Associates, an investment management and economic research
firm. Prior to joining Art Laffer, Larry was a Partner and Director of
Global Research and Management at Nicholas Applegate where he
launched the firm’s emerging markets products and developed and
enhanced the firm's international and global quantitative
disciplines. Larry also spent eleven years as a Trustee at
Batterymarch Financial Management where he was a portfolio
manager for domestic and international strategies, was responsible

for one of the first equity funds in China and worked on the
development of a fund-for Russia. As Senior Vice President and
portfolio manager at Putnam Management Company from 1971 to
1983, Larry served as a member of that firm's Investment Policy
Committee.

Larry is a past president of the Boston Securities Analysts Society
and a past director of the Investor Responsibility Research Center
in Washington, D.C. Prior to the investment business, he earned
his B.E. in Mechanical Engineering from Yale University and his
M.B.A. from Harvard University, served as a submarine officer in
the U.S. Navy and was an auditor with Arthur Anderson & Co.



good on its promise to pay

back soured debt, investors
feared the consequences
would pose a greater threat to
the US financial system than
this week’s collapse of the
investment bank Lehman
Brothers.

THURSDAY, SEPTEMBER 18, 2008, PAGE 15B

again, bails out AIG with $85bn

The worries were height-
ened Monday after Moody’s
Investor Service, Standard and
Poor’s and Fitch Ratings low-
ered AIG’s credit ratings, forc-
ing AIG to seek more money
for collateral against its insur-
ance contracts. Without that

money, AIG would have
defaulted on its obligations

and the buyers of its insurance .

— such as banks and other
financial companies — would
have found themselves with-

* out protection against losses

on the debt they hold.



Caribbean Bottling Co. (Bah.) Ltd

Is seeking candidates for the positions of er

- |, Production Supervisor -

_ 2. Bottle Blow Moulding Technician

3. Line Maintenance Technician
4. Senior Electrician
5, Refrigeration Technician

. If you are interested in these positions ‘and feel you have the necessary experience to perform
these jobs, please submit your resume by applying i in wn aye hand seven or mail to:

Human Resource Manager.
Caribbean Bottling Co. (Bah.) Lid
P,O.Box N-1123

-Nassau, Bahamas

Or by email to:
Jfountain-moss @cbebahamas. com on or before Friday October ard, 2008 .

RBC WEALTH MANAGEMENT (BAHAMAS)

is considering suitable applications for

‘Investment Manager

Candidates for this vacancy should possess the following qualifications:

e University degree (preferably in Business. and/or Economics)

e CFA designation (or candidacy), certifications in the j areas of Financial.
Planning and/or portfolio management
Minimum 5 years investment industry experience. .
Portfolio management experience (5 years +) . .
PC Literate and experience using industry standard software
Specialized knowledge in sales, investment policy, statements and general
knowledge in tax legislation, financial planning, estate and trust.
Fluency in English and French (language skills in spanish would be an asset
but are, not required)

Responsibilities Include:
Retention and growth of the private client discretionary investment .
management business
Assisting high net worth clients in establishing their investment objectives and
tolerance for risk
Development and implementation of customized portfolio strategies
Provide counsel to clients on the firm’s investment policies and strategies and
communicate portfolio performance
Oversight of performance investment reviews to ensure.a suitable/appropriate
asset allocation is in place and opine on investment performance where
appropriate ae

e Overall sales and relationship management. me

RBC Wealth Management services high net worth clients in over 150 countries
around the world. Royal Bank of Canada Trust Company (Bahamas) Limited
plays a central role in the international wealth management network.

This position offers opportunities for career and professional development. We -
offer an attractive compensation package, which includes: incentive bonuses and
a comprehensive health & benefits plan.

Applicants should apply by
Tuesday, September 23, 2008 to:

Shelly Mackey

RBC Wealth Management (Bahamas) Limited
P.O. Box N-3024

Blake Road & West Bay Street,

Nassau, Bahamas

Email: Shelly.Mackey@rbc.com

All applications will be treated in the strictest confidence. We will only respond
to applicants with suitable qualifications and experience.

heg= a 4 31 © ‘
RBC > HELPING YOU SUCCEED S# Royal Bank :
CATES EEE eo uy Ga CRE WE UTE | R rey of Canada
PAGE 16B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE





ONStenu |

- For the stories

| ent =m es
read Insight
on Mondays !




























MANAGEMENT OPPORTUNITY - IT MANAGER:

BA in Computer Science - Masters degree
preferred

| ° Minimum of 5 years IT management experience
¢ Strong leadership skills

° Excellent communication and time management
skills

Responsible for system oaisrdauo: security
and management of network server

Manage and maintain data storage, back-up
procedures, company phone systems and other
communication devices

e Excellent salary based on experience

; © Full benefits

Qualified persons please send resumes to:
c/o The Tribune
DA 65855
P.O.Box N3207
Nassau, Bahamas

ee ae

Ships Captain

needed for
Family Island Operation |

entree

Minimum qualifications:

ie RRR +n.

1) 200 GRT class A License
(Port Authority Nassau)
2) Minimum of 5 years experience
while holding 200 GRT License
3) STCW- 95 certification,

engines

. Send Resume - with references to
United Shipping Company (Nassau) Ltd
by e-mail to

overations@unitedshippingnassau.com

or by post to P. 0. Box
N-4005, Nassau, Bahamas.

__52wk-Low
1.51 Abaco Markets 1.81

11.60 Bahamas Property Fund 114.80



8.50 Bank of Bahamas 8.50

0.85 Benchmark 0.89

3.49 Bahamas Waste 3.49

y 1.62 Fidelity Bank 2.37

1 14 11.00 Cable Bahamas 14.10
{A.VF 2.85 Colina Holdings 2.85
3.50 4.80 Commonwealth Bank (S1) 7.00
: 3.20 Consolidated Water BDRs 4.29
2.25 Doctor’s Hospital 2.78

6.02 Famguard 8.06

12.00 Finco 12.00

11.54 FirstCaribbean Bank 11.60

5:05 Focol (S) 6.25

1.00 Focol Class B Preference 1.00

0.40
5.57

0.40 Freeport Concrete
3 y 5.50 ICD Utilities
"50 8.60 . J.S. Johnson
9D a8 0,00 , ;

52wx-Low Securi
1000.00
1000.00
4000.00
1000.00

KH
y FBB17
) FBB22
FBB13
FBB15

“OT OF Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series CG) +

Fidelity Bank Note 15 (Series D)






Bid S
14.60
6.00
0.35

Symbol
Bahamas Supermarkets
Caribbean Crossings (Pref)
_._RND a re 5

Hi S2wk-Low
450 14.25

; £.00 6.00

t 154 0.20



~ "41.00 >
14.60
0.45

41.00 41.00
YA. 60 14.00
0.55 0.40

ABDAB-
Bahamas Supermarkets
RND Hote ngs. ie






“Fund Name
Colina Bond Fund
Colina MSI Preferred Fund
Colina Money Market Fund
Fidelity Bahamas G & 1 Fund
Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund
CFAL High Grade Bond Fund

52wk-Low
1.2652
2.8869

> owk-Hi
,|.3320
#3 9250
1287 1.3554
7969 3.3971
2.3870 11.7116
, 90.0000 100.0000
§)00.9600 99.9566
0000 1.0000
».5000 9.4075
O147 1.0000
ji 0119 1.0000
0119 1.0000 __

Fidelity International Investment Fund
FG Financial Preferred Income Fund
FG Financial Growth Fund

EG Financial D




i
\
i < ALL SHARE INDEX - 19 Dec 02 = 1,000.01
j k Highest closing price in last 52 weeks
west closing price in last 52 weeks

- Previous day's weighted price for daity volume








nt day’s weighted price for daily volume
losing price from day to day

of total shares traded today

er share paid in the last 12 months

divided by the last 12 montn earnings

|\(S) - 4-for-1 Stock Split - Effective Date 8/8/2007
(S1) - 3-for-1 Stock Split - Effective Date 7/11/2007

S TRADE Cnt: CrAL











100.00
100.00
2 Pidenty, RNB TER CRIES Sexppciateets

eax 60
6.25
0.40

43.00.
15.60
0.55 s
‘BiSX tisted Mutual Funds ©
YTD%
3.09%
0.81%
2.75%
-5.70%
3.80%

1.01%

-10.40%
1.47%
0.27%



YIELD
Bid S - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price
Weekly Vol.
EPS S$ - A company’s reported earnings per share for the last 12 mths
NAV - Net Asset Value
N/M - Not Meaningful
FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100
+ - Nominal value = $1000.00

IDELITY Se ey FS PEAT AL MARKET.



lm By GEORGE FREY
AP Business Writer

FRANKFURT, Germany
(AP) — European markets
showed some optimism briefly
Wednesday, then fell lower for
a third day after the US Fed-
eral Reserve bailed out strick-
en insurer AIG amid fresh
injections of cash by major cen-
tral banks.

Russia’s primary stock
indexes, MICEX and RTS,
continued to plummet, with
banking stocks leading the way,
prompting regulators to halt
trading at midday. As of 5pm
(1300 GMT), trading had still
not resumed.

On Germany’s blue chip
DAX 30 there were more
losers than gainers but at the
end of the trading day, it was
down 1.7 per cent. In Paris, the
CAC 40 was down 2.1 per cent
with shares of Alcatel-Lucent
down 8.5 per cent and steel-
maker ArcelorMittal down 8.1
per cent.

The London FTSE 100,

’ which had managed to climb

one per cent, ended up falling
5.4 per cent, ‘with Lloyds TSB
bank up more than 17 per cent
on reports that it was in merg-
er talks with HBOS mortgage

_ bank.

Declines were also séen on

_. exchanges in Madrid, where

the SMSI slid 2.5 per cent and
in Stockholm, where stocks
dropped 3.4 per cent.

In New York, Wall Street

plunged again in midday trad-
ing as the Dow Jones industri-
al average fell 346.69, or 3.13
per cent, to 10,712.33. The
blue-chip index is down more
than five per cent on the week,
and has fallen more than 23
per cent. since reaching a
record close of 14,164.53 on
October 9 last year.

The downward spiral comes
as investors sent global stocks
spiraling downward earlier in
the oe reacting with alarm
to the upheaval on Wall Street
that saw investment bank
Lehman Brothers Holdings
Inc. file for bankruptcy and
Merrill Lynch & Co. sell itself
to Bank of America Corp.

On Tuesday, the Fed decid-

ed to keep its key interest rate _

on hold at two per cent, but

acknowledged stresses in finan-_

cial markets have grown. The
Federal Reserve also helped
allay some fears about the
financial system with a $85 bil-
lion emergency loan to shore
up insurance giant American

’ International Group Inc. Tues-

day. The Fed said it acted
because a disorderly failure of
the company, whose financial
dealings stretch around the

world, could hurt the already

delicate markets and the econ-
omy.

But there were. lingering
fears across the region of more
trouble ahead should bank
stocks sink further and credit
losses continue to pile up.

On Wednesday the Swiss,

OF TE BABASE

cs... EMPLOYMENT OPPORTUNITY _
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency -
responsible for the oversight, supervision and regulation of the Investment
Funds, Securities and Capital Markets in or from The Bahamas, as well
as the supervision of Financial and Corporate Service Providers, invites
applications from qualified Bahamians for the following position:

LEGAL OFFICER

Responsibilities:

¢ Ensuring that participants in the snalnstcy are in compliance with

provisions under the legislation

° Overseeing the litigation matters of the Commission

Qualifications and Experience:

° Called to the Bahamas Bar at least 3 years

° Court / litigation experience

Competencies:

¢ Excellent oral and written communication skills -

_ Excellent legal research skills
. © Excellent analytical skills

¢ Proficient in computer skills (Microsoft Office applications; particularly

Word)

_ A-competitive salary and benefits are being offered. To apply, please

_ write attaching a resume to:

MANAGER ~ HUMAN RESOURCES
SECURITIES COMMISSION OF THE BAHAMAS
P. O. BOX N-8347
NASSAU, BAHAMAS

Fax: 356-7530 ~
E-Mail: info@scb.gov.bs -

Applications should be submitted.no later than September 30, 2008








1.81 0.00
11.80 0.00
8.50 0.00
0.89 0.00
3.49 0.00
2.37 0.00
14.10 0.00
2.85 0.00 100,000
6.97 -0.03 10,750
4.41 0.12 7
2.78 0.00
8.06 0.00
12.00 0.00 1,750
11.60 0.00
5.25 0.00
1.00 0.00
0.40 0.00
8.20 2.63 5,000,000
2.00 0.00
30:00









Last Pri
14.60



Last 12 Months
5.27%
4.78%
4.24%
5.40%
5.77%

1.01%

-10.40%
1.47%
0.27%

pata oo uas



st 12 month dividends divided b: ing price

- Trading volume of the prior week





AR AAS
Divs

pipmnpeeionnr

0.040
0.300
0.052
0.040
0.280
0.570
0.460
0.140
0.000
0.000

y
19 October, 2017
Prime + 1.75% 19 October, 2022

30 May, 2013

NAV Date
31-Jul-08
31-Aug-08
12-Sep-08
31-Aug-08
31-Aug-08
31-Dec-07
30-Jun-08
31-Dec-07
31-Aug-08
31-Jul-08
31-Jul-08

Yield%






4
‘

Japanese and Russian central
banks continued to pump more
liquidity into financial systems
in an effort to keep lending
between banks flowing, while
the European Central Bank
and the Bank of England held
off on more short-term lend-
ing.

The Fed also pumped $70
billion into the US financial
system in the past few days to
help ease credit stresses.

In Frankfurt, insurer Allianz

SE was up nearly 2.6 ‘per cent ,
.after it also suffered losses ear-

lier in the week on the
prospects that it could profit
from some of AIG’s woes in
the US, either by snapping up
business or eventually parts of
the company,

Barclays Capital bank was
11.5 per cent higher on news
Wednesday that it would buy
Lehman Brothers’ North
American investment banking
and capital markets operations.

“The proposed acquisition
of Lehman Brothers North
American investment banking
and capital market operations
accelerates the execution of

‘our strategy of diversification

by geography and business in
pursuit of profitable growth on
behalf of our shareholders, in
particular increasing the per-
centage of Barclays earnings
sourced in North America,”
Barclays Chief Executive John
Varley said.

Asian stocks turned in a

' mixed performance Wednes-

day, giving up early gains.
Japan’s Nikkei 225 average
added 1.2 per cent to 11,749.79

after sinking nearly five per .

European markets
ll for third day

cent the day before to its low-
est finish in more than three
years. South Korea's Kospi
climbed 2.7 per cent and Tai-
wan’s benchmark rose 0.8 per
cent.

But Hong Kong’s blue-chip
Hang Seng Index dropped 3.6
per cent to 17,637.19, dragged
by Chinese banks to its worst
close since October 26. China’s
Shanghai benchmark fell 2.9 .
per cent, while Australia's
S&P/ASX 200 shed.0.6 per
cent.

There were lingering fears
across the region of more.trou-
ble ahead should bank stocks
sink further and credit losses
continue to pileup. |

“AIG helped stabilize the
market earlier, but there could
be more turmoil. You‘don’t
know who’s next to go,” said
Francis Lun, general manager
of Fulbright Securities Ltd. in
Hong Kong.

Oil prices rose somewhat
Wednesday but were still
markedly lower, on the
prospects. of less future
demand and less than expected
damage from Hurricane Ike,
which was still affecting parts
of the US midwest Wednes- -
day. Light, sweet crude for

-October delivery rose $1.45 to

$92.60 a barrel in early trading
on the New York Mercantile
Exchange. The euro was down
to $1.4126 in late European
trading Wednesday from the
$1.4156 it bought in New York
late Tuesday. The British
pound climbed to $1.7889 from
$1:7864, while the dollar fell to”
104.65 Japanese yen from
105.82 yen.

NOTICE

NOTICE is

iven that ROSELOURDES PIERRE

9

of PETER STnEe T, 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 18TH day of SEPTEMBER
2008 to the Minister responsible for Nationality and
Piero UP: P.O.Box N- 7147, Nassau, Bahamas.

NOTICE |

NOTICE is hereby given that GABRIEL PIERRE. of #79
St. Charles Vincent Street, P.O. Box N-1979, Nassau,
Bahamas is applying to the Minister responsible for

Nationality and Citizenship,

for registration/naturalization

as a citizen of The Ba amas, 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 11TH day of SEPTEMBER 2008 to the Minister
responsible for Nationality and Citizenship, P.O.Box N-

7147, Nassau, Bahamas.





Nassau Airport

Development Company















The Nassau Airport Development Company (NAD) is seeking
candidates for the role of Manager, People. The successful
candidate will be responsible for all aspects of human resource
management at NAD, including employee compensation,
payroll and benefits, training, labour relations, health and safety,
communications, social activities and community involvement.
This position reports to the Vice President, Finance and Chief
Financial Officer and will involve daily interaction with NAD
staff, senior management, and executives.



The ideal candidate will have a post secondary education in a
field consistent with human resource management, and will be
able to work independently to manage inultiple priorities and
stakeholders in a fast paced work environment. At least five
years experience in a similar position is preferred.

This position offers competitive compensation and benefits,
consistent with experience and qualifications.

"you are interested in joining our dynamic team, please
Sieg ys or 119 Septarniber 2% 288 0 f

Managet,
Nasemt Airport Development Co.

Ze Oris toed apie canis short listed wil be contacted.








People

PO Box APS9229
Nassau, Bahamas
THE TRIBUNE THURSDAY, SEPTEMBER 18, 2008, PAGE 17B

ae en ee ee

GN-744

Fed’s no-change
decision could be
followed by cuts

MINISTRY OF FINANCE
TENDERS FOR CUSTOM
OFFICERS UNIFORMS

FOR THE YEAR 2008/2009

Neckties - Black
Socks - Black

SSI AKRwWNE

Male Shoes - Black
Female Shoes - Black
10. Work Pants - Navy .
11. Work Shirts - Navy

Uniform Shirts - White (Long Sleeves)
Male Trousers - Black —

Female Pants - Black ©

Female Skirts - Black

Female Vests - Black



sumer prices down by 0.1 per
cent in August, the first month-

ly decline in almost two-years.

“The odds are rising that the
Fed will cut rates before the

year is out. The economy is:

going to weaken further, infla-
tion will moderate measurably
and the financial markets will
remain unsettled,” said Mark

Zandi, chief economist at ©

Moody's Economy.com.

Zandi said he is looking for
the funds rate, which has not
been changed since the Fed
pushed it to two per cent in
April, will be at 1.5 per cent
by the end of this year.

Zandi said if financial mar-
kets remain unsettled, the first
rate cut could occur before the
Fed’s next meeting on Octo-
ber 28-29.

David Jones, chief econo-

mist at DMJ Advisors in Den-

ver, said he is also looking for

two quarter-point moves
before the end of the year.
Jones said he was not sur-
prised that the Fed did not cut
rates this week, given that it
was only a short time ago that



GOVERNMENT NOTICE
Ministry of Finance

THE REAL PROPERTY
TAX ACT, 1969



Pursuant to Section 7(2) of the Real Property Tax Act, 1969, as amended, the Chief
Valuation Officer ig? gives notice:-



(a) that spies of the assessment list are available as required by
subsection (4) of Section 7 of the Real Property Tax Act, 1969
(hereinafter in this notice referred to as the Act) and may be
m@ By MARTIN inspected at the Valuation Office or the Treasury, on or after
CRUTSINGER 15" October, 2008.
AP Economics Writer nes .
WASHINGTON (AP) — (b) that a Notice of Assessment addressed to each owner of —
‘The Federal Reserve did not . property liable to tax under the Act is available at the Valuation
lower interest rates despite all Office, located at Frederick House, Frederick Street and may
the spe guia upheavals be collected therefrom by or on behalf of the owner of such
ae er _—_ Property ring normal working hours |
cut rates in coming weeks. :
Many economists believe _ (c) that pursuant to subsection (3) of Section q of the Act, upon the
Federal Reserve Chairman expiration of five (5) days after the publication of this notice, a
Ben Bernanke and his col- Notice of Assessment shall be deemed to have been served on
leagues decided to save their every. owner of property: liable to tax under the Act;
remaining ammunition, given
. that their key lending rate is
already at.a jee no Be Gent. (d) that without prejudice to the provision of subsection (3) of
so that they will have room to Section 7 of the Act, the Chief Valuation Officer may at any
make cuts later this year if - time after the publication in the Gazette of this notice send by
nee feta * post, a Notice of Assessment addressed to any owner of
aceon 7 Sree tee thie property liable to tax under the Act;
central bank did acknowledge : ce :
the stomach-churning turmoil (e) That pursuant to Section 9(1) any person aggrieved by a notice
investors have seen since this of assessment deemed to have been served under this Act may
eae oe a object thereto by serving on Chief Valuation Officer within
_ Ina Wall Street restructur- thirty days after the date on which the notice of assessment is
ing the likes of which have not Pine tee ASSES
been seen since the*Great deemed to have been served, a notice in writing of such
Depression, Lehman Brothers, . objection stating the grounds upon which he relies.
the nation’s fourth largest
investment bank, was forced
to declare bankruptcy, bro-
kerage giant Merrill Lynch was (f) that pursuant to Section 18 of the Act (but subject. to
forced into a sale to Bank of - provisions of Section 10 (3)* of the Act) the tax in respect of
‘A menica aid the Butoiis ; property will be due and payable by the owners of property not
largest insurance company, __!N THIS July 16, 2008 file photo, Federal Reserve Chairman Ben later than sixty days after the ‘date on which’ notice of
American International Bernanke testifies before House Financial Services Committee hearing assessment is deemed to have been served. Accordingly ‘ae
Group,'was provided Tuesday _ on Capitol Hill in Washington. , ?
night with an $85 billion loan (AP Photo: Susan Walsh) the duty of each taxpayer to ensure that he receives a Notice of
from the Fed so that it could Assessment;
eT Rea receded this tur- concen. . 1 pent een ae mee (g) ‘that the exemption ‘has been allowed for 2008 on those
till, that phrase at least ‘financial shocks, which are i ied
tout by aeartine ae strains - moved the Fed away from tilt. _ expected to depress consumer properties. which have been Geli hs own: Toe
m sae ee ae i Stave ing toward an increase ininter- spending even more. It was residencies., and have satisfied the conditions: under Section
ane He B ae vealnank ato eh est rates, which is where it _ already weak in light of a rising _ 3(4i) of the Real Property Tax (amendment) Act .2002.
short of cutting the finds caret _ Seemed to be headed with its eneaplgyaew pals wie we pes eo However, ‘the owners are by law, required to disclose to the
_ further, which many investors ae mene ae omit an eee Yemeet en oh. Chief Valuation Officer any changéi in the circumstances of
- Wall a had top tO least prepared the way for fur- In addition, analysts said the occupation. which does not entitle the property for the
on a an Sn 3 se oe ther rate cuts, with many ana- __ Fed will be able to move to cut exemption allowed. *(Section 40 is reproduced below);
ao sighalthat ee sce ie lysts saying they are looking _ rates further because inflation, ;
~ - for two small quarter-point which had been seen as a
ly as move would be to cut noves before the end of the threat when oil prices were (h) that pursuant to Section 7 (3) of the Act, persons receiving a
anatend the’Ped‘deslated? 2° a" ; _ Surging, has begun to recede Notice of Assessment and Demand Note for the first time
fiat the. “downside: riske-to,> eo eee oe they Deliexe: «now that oil has fallen from ab should therefore examine the.columns marked “Tax payable for
growth and the upside risks to the economy will Very likely all tume fight ot S147 per? auch the year”and “Tax for period to. pS, as
* flatioii aré both of sienificant not be able to avoid an out- own to below $100 per barrel. ' ear: Gue f candor BS
5a 8 The government reported it would indicate the amount due for current an PROF years.
Tuesday that a big drop in Ae te
energy costs helped push con- (i) that if you are a Bahamian citizen/company and own faved

property situate in new Providence or a non-Bahamian

“-citizen/company (less than 60 percent of shares beneficially

owned by citizens of The Bahamas) and own property situate
in the Commonwealth of The Bahamas and have never
received a Notice of Assessment and Demand Note, you are

~ required by Section (8) of the Act to make a declaration of

your property not later than 31° December, 2008 . Declaration -
forms for this purpose are available at the Valuation Section

and should be returned accompanied by documentary proof of

Bahamian citizenship and in the case of a Bahamian Company,

a copy of the Company’s latest annual statement of return.

* Section 10 (3) is as follows:-

“The Chief Valuation Officer shall dismiss any such objection unless
the whole of the tax payable under the Notice of Assessment shall
have been deposited with him or for good cause, the Chief Valuation
‘Officer determines~that the objector shall be relieved of the
requirements of this subsection in whole or in part and is satisfied that
the objector has complied with any such determination which gives
partial relief only.”

Section 40 is as follows:-

Any owner who is granted an exemption under the provisions

Tenders should be addressed to: Fed officials were signalin (1) ‘ ; ae
aling
: that their next move would be of Section 39(1)(f), by reason of the property qualifying as
Fi iad Seereta a rate increase. But he said the owner-occupied property, shall where he is aware of any
ais oie Eye cone ae ae nave ‘ circumstances or facts which do not entitle the property to the
inistry of Finance. chow tka; ihe balaneSbe dake exemption disclose to the Chief Valuation Officer those
ania va Whitfield Building has now clearly shifted away circumstances or. facts;
able Beac from inflation to the threat of a
Nassag. The Bahamas recession. (2) Any owner who knowingly fails to comply with the
, Wall Street, which initially requirements of subsection (1) is guilty of an offense and liable
Seory nt va = euila be on summary conviction to a fine of one thousand dollars or to
Sealed envelopes are to be clearly marked . iicnatigen dice aay sath imprisonment for a term of three months or to both such fine
Tenders | for Customs Uniforms” and should a rally that was bolstered not and imprisonment; and the court shall upon conviction of an
be submitted by Friday, 19th September 2008. by the Fed’s rate decision but offender, in addition to any other penalty imposed, order the
eae ee offender to pay to the Treasurer a sum equivalent to twice the
Specification of the quantity and quality for | major aah sion far AIG. amount of the tax which would have been payable but for the
uniforms may be collected at Custom House Fed officials later announced exemption had the disclosure. been made; :
: alee they would supply an $85 bil-
Thompson Boulevard, Monday through Friday lion loan to rescue the huge ay Maaaaint he ti hin «hich dj b
between the hours of 9:00a.m. to 5:00p.m. insurer. (3) OUNITERALOD AS 10 Ene AIRE, WITTE Wiel) PLOCECOINES aay OS

All rights are reserved to reject any or all tenders.

Signed
COLINS HIGGS

Financial Secretary (Actg)



The Dow Jones industrial
average rose by 141.51 points
on Tuesday, one day after hav-
ing fallen by 504 points as
investors pushed down stocks
by the largest amount since
right after the September 11,
2001 terrorist attacks.

brought for the prosecution of a summary offense shall apply
to proceedings under subsection (2).”

CHIEF VALUATION OFFICER/
CONTROLLER OF INLAND REVENUE

MINISTRY OF FINANCE
PAGE 18B, THURSDAY, SEPTEMBER 18, 2008

THE TRIBUNE



Bahamian brokers ‘ii mn Jills

NOOK KawIrlAleyer.l

designation first



THREE Bahamian real
estate brokers at ERA
Dupuch Real Estate have
become the first outside the
US to qualify for the fran-
chise’s highest certification in
its luxury real estate division,
the ERA International Col-
lection.

“This has been an incredi-
ble year for us,” said Peter
Dupuch, founder of the firm.
Earlier this year, ERA
Dupuch brokers walked away
with Beyond Excellence
Awards, joining the ranks of
the top 10 per cent in the real
estate industry.

Mr Dupuch added: “Now to
be the first agency in the entire
world outside America to
make the grade for the Inter-
national Collection designa-

tion - and not just one broker,
but three from the same firm.
We are really proud and hon-
oured, but it is-also a testa-
ment to the value of propert

in the Bahamas.” :

Qualifying for the Interna-
tional Collection were Mr
Dupuch, a 20-year industry
veteran who speaks four lan-
guages, a graduate of McGill
University in Canada, and
commercial pilot who is as
likely to fly associates as clients
around the islands to famil-
iarise them with listings; Ken
Chaplin, who came to the real

estate industry after a strong |

career in high-end retail; and
Kyla Ralston, whose earlier
experience in interiors pre-
pared her for luxury market-
ing.

“The {International Collec-
tion is the créme de la creme
of properties around the
world, and when a broker

_ qualifies, his or her listings are

marketed on.a whole different
level, whether it is the Sunday
New York Times or the Robb
Report Luxury Collection,”
explained Mr Dupuch.

“Listings also go on a sepa-
rate International Collection
website and on
eracaribbean.com. Emphasis
is on knowing the market thor-
oughly and providing a per-
sonal touch with service that
goes beyond anything you
have ever done before.

“Tt could be a detail as small

as adding throw pillows and

orchids to an austere setting, or
as large as rumours of a com-





Ra

TOP SELLERS — Brokers Ken Chaplin (left), Kyla Ralston (centre) and the firm’s founder, Peter Dupuch,

recently became the first brokers outside.the US to qualify for the highest certification in the global fran-
chise’s luxury property division: Chaplin, Ralston and Dupuch are pictured on the bridge to Paradise Island,
where property sales have helped make this the best year in the firm’s history.

ing change, for better or worse,
in the area, but there is no
room for error.

“You have to deliver a flaw-
less experience. Although Col-
lection listings can start at
$800,000, there are also those
like a $19.5 million, 7-bed-
room, 9-bath, estate in New
Jersey with music studio, five
car garage, racquetball court,
bowling alley and indoor pool.
And then there are the amaz-

ing properties of Ocean Club
Estates right on Paradise
Island, where we have a list-
ing now in.the Collection for

, $5.2 million.

“In lifestyle and quality, they
can compete with many of the
finest properties of the world.

_And wehave listings in Abaco
and Nassau that qualify.”

. Mr Dupuch founded the
firm in 1993, joining the ERA

Real Estate network in 2001

(Photo by Tim Aylen for DP&A)

with more than 38,000. brokers
worldwide and some 3,000
offices in the US, Europe and
the Caribbean.

Last year, ERA Real Estate
won the prestigious J.D: Pow-
er and. Associates Award for
Highest Overall Satisfaction

‘for Repeat Home Sellers
Among National Full-Service
Real Estate Firms.

_This year, its new website
has won numerous awards.



Housing construction plummets 6.2 per cent in August

= By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON (AP) — Con-
struction of new homes and apart-

ments fell to the lowest level in 17°

years last month, showing the country
is still gripped by a severe housing
downturn that has triggered billions of
dollars of losses and is reshaping the
structure of US finance.

‘The Commerce Department
reported Wednesday that housing
construction. dropped a surprise 6.2
per cent last month to a seasonally
adjusted annual rate of 895,000 units.
That’s the slowest building pace since

January 1991, another period when-.

housing was going through a painful

correction. :
‘The decline is larger than the 1.6

per cent drop analysts expected and

showed weakness in all the country
‘except the West.

The data was bound to shake Wall
Street, already rattled by a crisis in
the financial system. Stock futures
pointed to a lower opening.

The ‘housing downturn has
depressed overall economic activity

and pushed the country close to a.

recession. Thousands of construction
jobs have been lost, contributing to an
economic slowdown that has pushed
the overall unemployment rate to a
five-year high of 6.1 per cent in

August. —- saat:

There have been steep declines in
home prices in much of the country.
This has helped trigger record levels
of mortgage defaults, dumping more
homes on an already glutted market
and further depressing prices. The
billions of dollars of losses:on mort-
gage investments have sent shock-
waves through the country’s financial
sector, triggering the biggest restruc-
turing on Wall Street since the Great
Depression.

Seized ©

In the past 10 days, the government

has seized control of the country’s

two biggest mortgage finance com-

panies, Fannie Mae and Freddie Mac,

and late’ Tuesday announced it was
providing an $85 billion emergency

-loan to.the country’s largest insur-

ance company, American Interna-
tional Group Inc. (See full story on

pages 14 & 15B) All three titans were.

brought low by soaring losses on

. Mortgage investments.

For August, the 6.2 per cent drop in
housing construction reflected a 1.9
per cent decline in single-family con-
struction which fell to an annual rate
of 630,000 units.

Construction of multi-family units
fell by 15.1 per cent to an annual rate
of 265,000 units.

Building activity was down in all
parts of the country outside of the
West. Construction fell by 14.5 per
cent in the Northeast and was down,
13.6 per cent in the Midwest dnd 7.4
per centin the South. ~

All the declines left constriction:
activity 33.1 per cent below the level
of a year ago. Analysts believe that
construction will continue falling for

. many more months as builders strug-

gle to reduce the backlog of unsold
new homes in a market that continues
to slump.

Building permits, considered a good
indicator of future activity, dropped
8.9 per cent in August to an annual

rate of 854,000 units.



Cheryl Bowe-Moss Elected
fo the Board of the
Caribbean Confederation of Credit Unions

Mrs. Cheryl Bowe-
Moss, President of the
Board of Bahamas Co-
Operative League Lim-
ited was elected to the
Board of Directors of
the Caribbean Confed-
eration of Credit Unions
at the Confederation’s
Annual General Meet-
ing. Mrs. Bowe-Moss
will serve as Secretary
of The Board for the pe-
riod 2008 — 2009.

Under the theme “One Unified Co-
operative Sector for Competitive Advan-
tage, the Caribbean Confederation of
Credit Unions hosted its Annual Confer-
ence and General Meeting in Ocho Rios,
Jamaica. The four-day event was officially
opened by the Prime Minister of Jamaica,
the Honorable Bruce Golding.

The mission of the

‘-

Chery! Bowe-Moss



strengthen, unite and °
promote sustainable de-
velopment for coopera-
tives in the Caribbean
as a vehicle for sociveco-
nomic development.

. Fifty-seven rep-
resentatives from the
Bahamian Credit Union
movement attended the
Conference and Annual
General Meeting. ‘The

Bahamian ~ delegation

included the Director of Co-operative

Caribbean

Confederation of Credit Unions is to



we ae

Caribbean Confederations of Credit Unions - 2008 Opening

Development, Mr. Nathaniel Adderely,
President of the Bahamas Co-operative
League Limited, Mrs. Cheryl Bowe-
Moss and other Directors and Manag-
ers of local credit unions.

The Bahamian Credit Union move-
ment has over 30,000 members and as-
sets totaling $217 million dollars.

eee



Ley ?





PAGE 2, THURSDAY, SEPTEMBER 18, 2008 THE TRIBUNE OBITUARIES

of 7









The family of the late ~ a for
7, ¢4 | DEACONESS
ANDREW FR TUPRUNE TOLER”
HEPBURN-ARMBRISTER

We dnesday, November 20, 1935 -
Tuesday, June 24, 2008 cS

Special Thanks to: .
Bishop Albert H. Hepburn and the Un
Tom coo Pastor ee Cash,

Numerous ot