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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Volume: 104 No.272




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THURSDAY, OCTOBER 16, 2008



UU TSS

and RELIGION

IN TODAY’S TRIBUNE

Police wwestion
_ Siting PLP MP

Politician
spoken to in
connection

with alleged
construction
scam



By PAUL G TURNQUEST
Tribune Staff Reporter
_ pturnquest@tribunemedia.net

A SITTING Member of Par-
liament'in the Progressive Lib-
eral Party was being questioned
by police up to 8 o’clock last
night in connection with a con-
struction scam that is alleged to
have taken place during his
tenure in office and which
involves tens of millions of dol-
lars.

This questioning, which is.

expected to last for a week,
involves an estimated “20 mat-

SEE page 11



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THICK & HEARTY



their fives





BRIDGETTE SMITH is the
second winner of The Tri-

Handed’ Saturday coupon
giveaway.

Mrs Smith is pictured
here receiving her cheque
from Patrice Fisher of The
Tribune.






e SEE PAGE 19B FOR
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Global ae

on to the AG’s office

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

THE matter of the outstand-
ing millions of dollars in customs
duties and taxes allegedly owed
by Global United to the govern-
ment has been forwarded to the
Attorney General’s Office, Acting
Comptroller of Customs Anthony
~ Adderley told The Tribune yes-
terday.

It is claimed that the shipping
company, headed by defeated
PLP candidate for the Clifton
constituency, Jackson Ritchie,
owes the department more than
$4-million in outstanding customs
duties and taxes.

Man charged

with murder of

young woman

"The Attorney General's
Office is pursuing that matter.
They have all the information and
they're pursuing it in whichever
manner I guess they see fit. If it's
anything else they will let us .
know, but we provided them with
the information that they request-
ed," Mr Adderley said.

He declined to specify exactly
when the information was sent to
the Attorney General's Office,
only saying the department pro-
vided the information "earlier in
the year."

The Tribune made several
attempts to secure a comment
from the Attorney General's

SEE page 12



bune’s $1,000 ‘Caught Red '









Parents plan to protest
in Nassau if the Andros



@ By NATARIO McKENZIE

A 28-YEAR-OLD man
charged in the brutal murder ofa [7
young woman whose body was
discovered in bushes off Charles
Saunders Highway earlier this
month, was arraigned in Magis-
trate’s Court yesterday.

Michael Beckford of Redland
Acres appéared before Chief
Magistrate Roger Gomez in,
Court One, Bank Lane, charged in the murder of Sheanda Lewis.

According to police, the body of the 19-year-old Blue Hills-res-
ident was found clad only in red underwear. Her throat appeared
to have been slit. Police also reported that there were signs that

S eT Lewis



@ By MEGAN REYNOLDS

Tribune Staff Reporter

ANDROS parents plan to
protest in Nassau if the Min-
istry of Education does not
immediately remove two teach-
ers who returned to their class-
rooms in Andros, although the
Ministry had transferred them
to other schools.

The parents of pupils at
Fresh Creek Primary School
and Central Andros High
School kept their children out of
school this week, and said they
will continue to do so until the
matter is resolved.

Both the high school princi-
pal Maxine Forbes and primary
school principal Emily Miller
walked out of their schools last

teachers row not resolved

week when the teachers, noti-
fied of their transfers during the

. last school year, returned to

their classrooms instead of tak-
ing up their new positions.

Now the parents are calling
on the Ministry of Education to
travel to Andros to discuss the
matter of their children’s edu-
cation, or they will stage a
protest in Nassau.

The mother of a nine-year-
old boy at Fresh Creek pany
School said:

"All of the parents are so
upset that the Ministry of Edu-
cation will not come and speak
to us in person.

"This has got to a point
where it is so ridiculous and |

SEE page 11

Lewis had struggled with her killer.

SEE page 12

Tribune managing editor John Marquis
to retire from journalism next year

m@ By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net ~

ca - .
RETIRING after 48 years in
the profession, managing editor
of The Tribune John Marquis will
be quitting journalism early next
year at the age of 65.
Allocating a year to travel
around the world with his wife,
Joan, Mr Marquis is looking for-
ward to continuing to write books,
and exploring one of his life’s first
passions — pottery — before set-
tling down in the Mediterranean.



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mantling the
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truths that politicians and many
public officials tried to get past

SEE page 11







"PAGE 2, THURSDAY, OCTOBER 16, 2008

Sandals employees said to be

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

HUNDREDS of employees
of the Sandals Royal Bahami-
an Resort are said to be organ-
ising a demonstration against
the Department of Labour after
plans to vote for a union to rep-
resent them, fell through yes-
terday, Trade Union Congress
president Obie Ferguson said.

Mr Ferguson is the lawyer
representing the Bahamas Hotel
Maintenance and Allied Work-
ers Union (BHMAWU).

Despite published claims to
the contrary, Mr Ferguson said
the union made a formal appli-
cation that was hand-delivered

Wine and Arts Festival

to Labour Minister Dion
Foulkes on September 25. A
copy of the request was also
delivered to Labour Director
Harcourt Brown, according to
copies of letters provided by Mr
Ferguson.

According to the Industrial
Relations Act, the minister must
be given two to seven days
notice of the secret ballot vote,
supervise the poll and certify the
results.

Despite Mr Ferguson's claims
that notice was given, the poll
did not go forward and now the
employees intend to demon-
strate in front of the Depart-
ment of Labour as early as
today, according to Mr Fergu-
son.

to be held October 25





THE Bahamas National Trust
is inviting Bahamians to attend
the annual Wine and Arts Festi-
val on October 25.

“Taste 56 wines while you feast
your eyes on the work of dozens
of artists at the 18th Annual
Bahamas National Trust (BNT)
Wine and Arts Festival, set for
12noon to 6pm on Saturday Octo-
ber 25”, said Rusty Scates, wine
director for Bristol Wines and
Spirits, long-time sponsors for the
festival.

“If the weather is good, we’re
hoping for over 2,000 people this
year,” said Lynn Gape, director
of education and communications
at the BNT.

Tracts through “the Retreat”
— the Village Road headquarters
for the BNT — will be lined with
art and wine for the festival.



Admission is $20 for the public,
$15 for BNT members, and
accompanied children under 12
are free.

All proceeds are in aid of the
BNT.

The event will featute the
works of 30 artists including
Moya Strachan; Jonathan Bethel;
Lemero Wright; Darcy Moss;
Nadia Campbell; Kim Reidel;
Sharon Aitken; Jeep Byers; Susan
Parotti; Marco Mullings; Her-
mann Schadt; Dede Brown;
Dylan Rapillard; Scott Stanley
Roberts; Kim Smith; Thierry
Lamare; Roland Rose; Samantha
Moree; Clifford Fernander; Liv-
ingston Pratt; Dion Lewis;
Bernadette Chamberlin; Malcolm
Rae; Treyor Tucker; Dominic
Cant; TobY Lunn; Astrid and Neil
Cleare, Bahamas International
Film Festival; Anya Metcalf;
Nocole Angelica; Marie Jean
Dupuch; Liduine Bekman;
Anthony Morley; John Cox;
Jonathon Thompson; Richard
Hokemeir; Maria Govan; Chris
D’Albenas; Matthew Wildgoose,
and Heino Schmid. “We have
encouraged young Bahamians to
participate again this year. The
result is a great variety of art

"We haven't heard from the
minister but the 500 workers
intend to go to his office. They
organising it now — it could be
as early as (today). I don't want
to say the exact time but I do
know it's being organised now,"
he told The Tribune late yester-
day.

The workers planned to

’ choose between the BHMAWU

or the Bahamas Catering and
Allied Workers Union at the
Department of Labour yester-
day. However, the poll did not
go ahead as planned. The
planned poll comes after a two-
year legal battle, where a
Supreme Court ruling allowed
Sandals workers to determine
their bargaining agent -by way



THE TRIBUNE

Obie Ferguson
of secret ballot. ;

The employees were not rep-
resented by a union from
November, 2006 to September
24, 2008.

According to published
reports, Labour Minister Dion
Foulkes told the media he had
no knowledge of the anticipated
poll, nor had such a request
been made to the department.
Attempts to reach Mr Foulkes
were unsuccessful up to press
time last night.



ANGELIQUE (ar right) and a friend joined t the ian throngs around
the Moet and Chandon Champagne stand to sample the kiss of fine
French Champagne, Moet and Chandon Brut Imperial. The festive pop
of champagne corks is the climatic moment for the BNT Wine and Arts
Festival each year as Bristol Wines and Spirits shows off more than 50
wines and dozens of artists, all to benefit the Bahamas National Trust.
The featured champagne this year (October 25th) will be Moet and
Chandon’s “White Star”, in the Retreat Gardens on.Village Rd., nation-

al headquarters of the BNT.

using different styles and medi-
ums,” the BNT said.

A silent auction will be held at
the members pre-view on Friday,
October 24.

The artists have each donated a

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THE TRIBUNE

THURSDAY, OCTOBER 16, 2008, PAGE 3





© In brief

Man, 35, in
court charged
with raping
girl aged 11

A 35 year-old man accused
of burglary and raping an 11-
year-old girl was arraigned in
a Magistrate’s Court yester-
day.

According to court dock-
ets, Ian Leroy Miller, of Sun-
light Cottage, on Friday,
October 10, at around 6am,
broke into a residence on
Fowler Street.

. Court dockets ‘also accuse
Miller of raping an 11-year-
old girl on October 10.

_ Miller, who was arraigned
before Magistrate Linda Vir-
gill at Court No 9 Nassau
Street, was not required to
plead to the charges and was
granted bail in the sum of
$15,000 with one surety. The
case has been adjourned to
November 5.

Police probe
shooting of
man, 22, in
Bruce Avenue

B-BY DENISE MAYCOCK
Tribune Freepoit
Reporter
dmaycock@tribunemedia.net

FREEPORT - A 22-year-
old man who is “well-
known” to police was shot in
the buttocks on Tuesday
- evening.

Chief Supt Basil Rahming
reported that Delano Green,
of No 2 Pioneers Way, is
detained at Rand Memorial
Hospital, where he was
treated for a gunshot wound
to his right buttock.

He is in stable condition.

Green told police thai he
was walking along Bruce
Avenue ai around 7.30pm
when an unkuown man
approached him {rom behind
ang x2 TN

He said the shooter fled on
foot.

Mr Rahming said potice
and emergency medical per-
sonnel were dispatched to
the scene.

Green was transported to
the hospital by ambulance

According to Mr Rahming,
this is the second time this
year that Green was shot by
an waknown person.

The first shooting occurred
on September 19 at Watkins
Lane.

Police are continuing their
investigation into this mat-
ter..

Warning after
Canie Beach
homes raided

TWO Cable Beach hornes
have been broken into and
robbed while occupants were
asleep.

Laptops were stolen from
one property near Sandals,
while a cottage at West
Wind was also raided.

Neighbours are warning
Cable Beach residents to be
vigilant.



The Tribune wants to hear
frorn people who are

# making news in their

| neighbourhoods. Perhaps

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good cause, campaigning
for improvements in the

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} award.

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

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INCREASING REPORTS OF SUICIDES

Depression on the
rise among local men

m@ By. LLOYD L ALLEN
Tribune Staff Reporter

WITH increasing reports of
attempted and successful sui-
cides, a local psychiatrist is
claiming that the number of
Bahamian men who suffer from
depression is on the rise.

Leading psychiatrist Dr
David Allen told The Tribune in
an interview that a lot of men in
the country are fighting depres-
sion.

“(Depression) drives them to
alcoholism, sometimes physical
illness, sometimes intimacy dys-
function, and also with some of
them attempting to hurt them-
selves.and others,” he said.

Depression is described as a
psychological disorder that
affects a person's mood
changes, physical functions and
social interactions.

Following the reported sui-
cide of Bimini native Aliex
Brown, 25, and the attempted
suicide of a Grand Bahama man
last week, Dr Allen said, “When
a man is depressed, we don’t
really deal with it, it’s hidden
and when it really breaks out
you can have serious problems.”

Dr Allen explained that
actions ranging from suicide, to
assault, to homicide, can be
expected from an individual
who suffers from depression.

Some common symptoms of
depression can include persis-

+ tent sadness; anxiousness; feel-

ings of guilt, worthlessness;:
fatigue; difficulty concentrating,
various sleep disorders: changes
in appetite and/or weight;
thoughts of death or suicide,
suicide attempts, irritability;
headaches; digestive disorders,





“When a man
is depressed,

-we don’t

really deal
with it, it’s
hidden and

when it really

breaks out you
can have
serious
problems.”

Dr. David Allen



and chronic pains that do not

respond to medical treatment.
A recently published report,

by an advocacy group based at

the Morehouse School of Med- -

icine stated that due to the lim-
ited services available to black
men for mental illnesses, includ-
ing depression, incidences of
violent acts and even suicide
have increased within that
group.

The group concluded that
socio-economic issues also help
in perpetuating this problem.

Currently, Bahamian facili-
‘ties that treat persons suffering
trom mental illnesses are limit-
ed to the Sandilands Rehabili-
tation Centre and the Commu-
aity Mental Health and Assess-
ment Centre - an out-patient
facility, Ezekiel Munnings. co-
ordinator of the male health mi-

tiative at the Maney of Health,
said.

According to Mr Munnings,
these facilities serve to provide
assistance and care to men who
may be suffering from varying
degrees of mental illnesses.

Mr Munnings said that per-
sons employed at any govern-
ment office or agency can seek
assistance through their Human
Resources representative.

“Right now, given the pre-
sent state of the economy, many
people are experiencing stress
and depression due to work and
economic conditions,” he said.

Mr Munnings added that just
as people with physical ailments
receive care, it is just as vital
for persons suffering from men-
tal diseases to receive the same
level of support.

Anxious Cable Beach residents expected
to attend public meeting tonight on crime

WORRIED residents of
Cable Beach are expected to

attend a public meeting |

tonight night to discuss rising
crime in the area.

A spate of robberies at con-
dos out west has prompted

‘calls for more night patrols

and extra vigilance by house-
holders.

Thieves broke into the
Carefree apartment complex
on 'two successive nights last
week.

They climbed on to second
and fourth floor balconies to
steal'laptops, blackberries and
cash while occupants slept in
their beds.

Now concern is growing to
such an extent that Killarney
branch of the Free National
Movement is holding a pub-

‘lic meeting tonight (7pm) at
HO Nash Junior High Schooi.

The FNM constituency

association is also calling on

residents in bushy, ill-lit arcas
to fill in forms calling for more
police patrols.

Mr ica Munnings of

Ruby Avenac, Cabdis Beach,
has sent two e-mails to West-
ward Villas rosidents warning
of the waterfront break-kins.

One resident has reported
seeing a stranger in a yellow
kayak sidling up to nearby
beaches in the early hours.

Others have catled for vigi-
lance, Warning home-owners
and tenants to ensure -win-
dows and security screens are
locked.

A Cable Beach resident told
The Tribune: “With unerm-

ployment rising, and a tight-
ening economy, it’s inevitable
that burglaries will increase.

“People must do everything
in their power to protect their
property. As we can see from}
the Carefree incidents, living!
on the fourth floor is in itself '
no protection.

“The villains are willing to:
climb up buildings if they”
think there are rich pickings. '
Everyone must do their;
auimost to keep the burglars :
at bay.”

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PAGE 4, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE

or Wien - @ -p e-

The iribune Limited | Value for dollar
deters Canadians

Being Bound to Swear to The iogmas of No Master

LEON E. H. DUPUCH, Publisawer/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 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Hard times lie ahead

THE BUBBLE has burst, the party is over

and the world is suffering.

The Bahamas, dependent on tourism, cannot
insulate itself against the fallout. Many persons,
who have lived and vacationed for years on a
style beyond their means, are now crawling
back into their shells to salvage what they can.
For many, vacations are at an end, thus hitting
our number one industry — tourism — in its
solar plexus. Aircraft, needed to bring visitors to
our islands are also hard hit as fuel costs have
crippled their bottom line and many have gone
out of business. .

Airfares being charged are not conducive
to travel. For example on Monday a round-trip
ticket to cross the 50- minute flying distance

from Nassau to Miami by American Eagle was |

$790; USAir, code sharing with Bahamasair,
was charging $1,009 — leaving Monday morn-
ing, returning Monday evening. Yet three weeks
ago British Airways had a fare of $143 round-
trip for a nine hour flight from Heathrow, Lon-
don to Nassau. Of course, these are all fares
without taxes. In many instances, certainly in the
case of British Airways, the tax more than
tripled the low fare. Yet, the British Airways
fare, even with taxes, was still below fares being
charged for the short Gulf crossing. How can the
Miami-Nassau fares be justified for such a short
distance if British Airways can cut fares so dras-
tically for the long Atlantic haul?

The Bahamas will have to try to attract air-
craft with cheaper fares to service our islands if
tourism is to be maintained.

Occupancy in many of our hotels are below
survival figures, and as a consequence Bahami-
ans, who for years enjoyed good wages, sup-
plemented by lucrative tips, are now working
only two or three days a week.

Russell Miller, president of the Bahamas
Hotel Association, speaking at a Toastmasters
Club luncheon Wednesday, said the forecast
for Bahamas tourism is the worst that it has
been for a long time.

Tourism, he-said, has been declining and is
down generally with air arrivals and cruise
arrivals both plummeting.

Mr Miller said that in the tourism sector,
even Atlantis was finding it tough. Atlantis has
closed the Beach Towers, while RIU — a non-
union hotel — is closing for three to four
months, putting 300 to 400 workers out of a
job.

Suddenly, Bahamians — with little prior
warning — are feeling the pinch. Government
has stepped in to help by turning on the lights of
those who cannot meet the extra BEC sur-
charge, and trying to assist the needy through



DON STAINTON
PROTECTION

Social Services. We agree with former Finance
Minister of State James Smith that “any move to
try and alleviate some of that stress is certainly

‘a good one,” but it should not be a piecemeal

rescue package.

“I think,” he said, “we need a more holistic
and comprehensive approach to dealing with
this crisis, which would include among any num-
ber of components, some mortgage relief. But
above all a comprehensive package ought to
include some very detailed analysis of targeting
to ensure that relief goes to those households
that really need it.”

This is important as many Bahamians are a
venal lot with no consciences when it comes to
dreaming up creative ways to add to their
income and cheating the system.

We have already heard many cases of per-

* sons who are not working as many days as they

used to, cheating National Insurance by get-
ting a doctor’s certificate for sick leave, although
there is nothing physically wrong with them.

We have heard suggestions that money allo-
cated by Social Services for the needy will be
depleted because of the heavy strain now being
put on it by persons —not so needy — also
cheating the system. It reminds us of the meals
and toys that generous donors have tried over
the years to provide at Christmas time for chil-
dren who are really in need to find children
turning up to receive a poor child’s toy whose
parents can afford to send them to the party in
Nike shoes. We often wonder how some people
can live with their consciences.

Although Social Service claims to now have
under control attempts to cheat the system by
persons trying to collect multiple assistance
benefits, we wonder, especially having heard a
few days ago how a certain person, who did
not qualify for assistance, was still receiving it.

A conversation between two women was

‘overheard recently. One “oman was telling

another —- who had two chilcren in private
schools — how her cousin in similar circum-
stances was getting assistance by not telling the
truth. The mother was being told in detail how
to:manipulate the system.

We are told that from the tone of the con-
versation the woman with the privately edu-
cated children was going to take her chance. It
is understood that this conversation took place
in a government department.

What chance do the poor have when the
greedy have no consciences? Government must

remember that this generosity is made possible .

by taxpayers who must be assured that their
taxes are being dispersed honestly to benefit
the most needy in our socicty.







poorly representing the inter-



from coming to
the Bahamas

EDITOR, The Tribune.

THE easiest way to explain
the lack of Canadian interest
in the Bahamas for a vacation
destination is “value for the
dollar.”

Most Canadians who plan
to travel to a warmer climate
this winter will start to look,
and book this very month.

These very same people will
also look at our exchange rate,
which is 0.94 cents to the
US/Bahamian dollar.

After looking at destina-
tions like Florida, Cuba,
Dominican, Mexico, Jamaica
and, yes, Bahamas, they
quickly see that the cost to
stay in the Bahamas is quite a
bit higher than the other pop-
ular spots mentioned.

It’s not the cost of flying
here that they are not keen
on coming, it’s the unknown
cost to feed themselves and,
or their families.

Most Canadians look for all
inclusive, they would rather
know the total cost for their
vacation, before they leave
their homes.

To go ahead and book a
vacation and then find out that
it costs them roughly $80 per
day, per person for the break-
fast, lunch and dinner buffet,
and that’s not including an
alcoholic beverage, leaves a
bitter taste in their mouths
when they:leave.

We are a nation that expect
good service, not demand it,
unlike our counterparts to the

LETTERS

letters@trieuunemedia.net






south.

We are also known to be a
nation that tips very well, even
when that 15 per cent gratuity
is placed onto our bill, we still
leave a tip.

Just to provide an example
of the level of service or atti-
tudes that I have experienced
in and around the Bahamas.

My wife and I decided to do
some shopping downtown one
Saturday morning, we arrived
early in the morning so we
could have a little breakfast
and wait for the shops to
open.

After spending close to $600
in various shops, I was
approached by a cab driver as
I was placing our bags into the
car, who was quick to inform
me that I was not allowed to
park in the spot that I had
chosen earlier that morning.

At this time I tried to show
the cab driver that I, in fact
was parked in the proper spot
and there was no “Taxi Only”

in bright yellow lettering and

the lines that I was parked
between were white.
Not like where he was

parked which was directly

behind me. He quickly got agi-
tated and told me “ fine park
there, I'll have you towed.”
At this point the lady who was
working in the store that I was

parked in front of, and who
was watching all this unfold,
raced over to us and told me,
“T’ve been working down here -
for fifteen years and you ain’t.
got no right to park ’der.”

Now I’m sure that if anyone
reads this article, they can see
the real reason behind this cab
driver’s motive to get me to
remove my car and never park
there again.

These two people who felt
they were going to straighten
me out on who parks where
and when, do not have to wor-
ry about their parking spot,
we avoid shopping downtown!

I wish I could say that this is
an isolated incident.

There are other cases where
I, and even guests that have
come to visit us, got the
impression from the Bahamas
“just give us your money and
leave.”

I would ask that the
Bahamian people understand
that we do not paint that ugly
brush on everyone, we have
met and become very good
friends with a great group of
Bahamian people, ranging in
age from early twenties to ear-
ly sixties. ;

Like the Bahamas, Canada
has experienced in the past
that it only takes a small group
of people to ruin your tourist
industry. .

D BELL
Nassau,
October, 2008.

Why politicians disappear
once they’ve been elected

EDITOR, The Tribune.

Adrian Gibson wrote a very
interesting article in The Tri-
bune yesterday entitled:

“We must find a way to get
rid of inept bench warmers.”

The article included these
two quotes:

“After a general election, a
majority of locally elected

politicians have been known .

to adopt an air of master-like
superiority, suddenly becom-
ing scarce and indifferent or

uth © P.0. Box N-7984 * Nassau, Baham
THOUGHT FOR THE WEEK
“Your decision about Jesus

ests of their constituents while
seemingly disregarding the
notion that they are ser-
vants/agents of the people.”,

“The public is disenchant-
ed with politicians who show
up every election cycle, beg-
ging for support only. to dis-
appear once elected.”

While I don’t want to make
excuses for the politicians who
appear to do nothing, what
could be a part of the prob-
lem is that the people to
whom they looked for support
and assistance (the hundreds
of campaign workers) have
also become scarce and indif-
ferent. In fact they often dis-
appear!

As soon as elections are
over, people get what they can
and then they disappear'until

people he represents to make
a difference.

Let’s wake up people, and
realise that the representative .
is only the vessel through
which the needs of the peo- .
ple are met. Get up, work with
him or her and insist that his
goals and objectives are yours.

Think about it! When was
the last time you went toa
constituency meeting ora
town meeting, or sent a letter
or even made. a suggestion?
Maybe never!

Your MP can only sit on
that high and mighty throne
and forget that he is the ser-
vant of the people if you - the
people allow him to. It’s your
choice!

determines your destiny.” the next election. It defeats BARBARA
WE SELL OUTER SPACE SUNDAY SERVICES the whole purpose doesn’t it!? DONATHAHAN
| 7:00am, KIT, 15am The MP is only one man -HENDERSON
PASTOR EARLE FRANCIS J.P.,D.D. and cannot do everything ‘Nassau,








TELEPHONE: 922-8219 922-8160 |

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ALL ALUMINUM PATIO ROOF OR
SCREENED ROOM

Marriage Officer, Counsellor, intercessor
Phone: 323-6452 ® 393-5798
Fax: 326-4488/394-4819

alone. It takes him and the September 30, 2008.

The law seemingly does
not apply to everyone

EDITOR, The Tribune.



.

HERE is something interesting about the article in Thursday's
paper about the cars being towed from Dowdeswell Street. Chief
Officer Deleveaux is quoted as saying: “The law is clear that offi-
cers in uniform can remove vehicles that are an obstruction. It
really doesn’t matter where the car is or who it belongs to as long
as it’s causing an obstruction.”

_ Well, Mr Deleveaux, where were you and the law when several
BTC vehicles mysteriously caught a virus at the same time and died
on Bay Street? Is Bay Street not in your jurisdiction as Tourist
Police chief officer, these vehicles were definitely causing an
obstruction, it seems the law does not apply to everyone.

Instead of dealing with a situation that clearly embarrassed the
Bahamas in the face of our tourists at a time when every foreign dol-
lar counts, it would appear that you prefer to inflict more financial
pain on our already stressed citizens by having their cars towed.

It is not our problem that the Ministry of Works did not put the
signage back after repaving. Being a business owner I have been
told that the law states that proper signage must be in place in order
to have vehicles towed and I still have cars blocking my service area
which is clearly marked.

If this is how the law works then I feel [should give more serious
thought to donations which we have given the Police Force over the

~ years, both personal and business, after all this is a time when
every dollar saved counts.

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THE TRIBUNE





Three in court on
weapons charges

THREE people were
arraigned in a Magistrate's
Court yesterday on weapons
charges.

Nicola Black, 26, a Jamaican
national and resident of Glad-
stone Road, Cedric Gaitor, 25,
also of Gladstone Road, along
with Chaniqua Bastian, 22, of
Yellow Elder Gardens were
arraigned on the charges before
Magistrate Derrence Rolle at
Court No 5 Bank Lane.

According to court dockets,
the accused on Sunday, October
12 were found in possession of a
.40 USP compact 9mm pistol. It
is also alleged that the three
accused on the same day were
found in possession of handgun
with the intent to endanger the
life of police Corporal 340 Fox
and police Constable 2170 Mel-
bourne. It is further alleged that
the accused were found in pos-
session of seven .40 bullets.

Police have also charged
Black, Gaitor and Bastian with
causing $1,000 in damages to a
1997 Nissan Cerrio, the proper-
ty of Graham Lightbourne, and
damage to a 1995 Acura Leg-
end, the property of Ann Marie
Newbold. It is also alleged that
the accused caused grievous
harm to Michael Williams and
assaulted Jermaine Douglas
with a deadly weapon, namely a
vehicle, on Sunday, October 12
at around 9.20pm. The three
accused pleaded not guilty to
the charges. Black was granted
$5,000 cash bail. Both Gaitor
and Bastian were granted bail in
the sum of $8,000.



to colonial on — political activist

Europe in ways pre-Indepen-
dence (thinkers) could have nev-
er imagined,” he said.

Minister of State for Finance
Zhivargo Laing could not be
reached for comment yesterday
as he was travelling outside of the

m@ By CHESTER ROBARDS
Tribune Staff Reporter



. SIGNING onto the Economic
Partnership Agreement (EPA)
will transport the Bahamas back
to colonial days, according to PLP
member and social and political
activist Paul Moss.

Deputy Prime Minister and
Minister of Foreign Affairs Brent
Symonette was in: Bridgetown,
Barbados, yesterday, meeting
with other CARIFORUM heads
of state to sign the agreement
which has been hotly debated for
the past few years.

“Today is clearly a very sad
day,” said Mr Moss. “This agree-
ment calls for the elimination and
the reduction of Custom duties,
which represents 60 per cent of
the revenue that we take in to
provide services for this country
up and down this archipelago.

“They (the government) have
no plans for other ways to pro-
duce revenue. It is gross negli-
gence and extreme incompetence
to sign on to this agreement under
those circumstances,” he said.

Though there have been many
proponents for the signing of the
EPA, many of them have not
been able to define noticeable
positive changes for the Bahami-
an economy upfront.

However, the naysayers have
pointed out what could be almost
immediate effects on the econo-
my and what they consider to be
holes in the government’s plans
regarding to the agreement.

“Tf you have regard for what is
going on in the world today -

New moves to combat tee ea beets ele Cerny

when you see that even first world
nations are in crisis, which means
that potentially the Bahamas is
in crisis — that tells you that you
need to take stock and do things
in the right and proper way,” said
Mr Moss.

“The government ought to
hang its head in shame and each
one of them should tender their
resignations because I cannot
believe that they would sign on to
an agreement that jeopardises
even getting help for the govern-
ment to potentially pay for ser-
vices down in Inagua or
Mayaguana or Acklins or
Crooked Island.

“The Bahamas is not New
Providence, it is the entire coun-
try,” he said.

Mr Moss said that in his view
one of the most “damning” parts
of the EPA is the “Most
Favourite Nation” clause.

“You are agreeing to most
favourite nation status,” Mr Moss
said. “We are giving to Europe
something that we have not given
to the United States. Europe rep-
resents six per cent of our trade
and the US represents 90 per cent
- we have not given that to the
US. Geo-politically it is just out of
whack,” he said.

The EPA is a trade agreement
that is designed to provide a more
liberal trade agreement between
CARIFORUM countries and the
European Community and will
progressively allow certain
exports from the two regions to
enter each other’s territory duty
free and.quota free.

However, Mr Moss said in his

view the agreement could even

further erode what culture the
Bahamas has left.

“One wonders what Sir Lyn-
den would think, or what he
would do, knowing that 35 years
after Independence we have a
government who is prepared to
sign the Bahamas back into

@ By LLOYD L ALLEN
Tribune Staff Reporter

CONTINUING the fight against illegal immigra-
tion, the government will soon be launching a new
and more convenient system for Bahamians to
report suspected illegal migrants, State Minister for
Immigration Branville McCartney announced yes-
terday.

Following Wednesday’s Straw Market raid, Mr
McCartney vowed that Immigration officials will
soon increase their efforts even more to reduce the
number of illegal workers in all businesses and
industries throughout the country.

With complaints coming in on a daily basis from
an array of industries regarding the unlawful employ-
ment of immigrants, Mr McCartney told The Tri-
bune yesterday: “Very shortly we are going to be
putting a system in place which will make it even eas-
ier for persons to call in and make complaints, and
rest assured that we will follow up on those com-
plaints.”

This latest Straw Market raid comes after a wave

of complaints from a group of disgruntled Bahami-
an vendors, who claimed that a large number of
illegal migrants were either working without proper
documents, or were leasing stalls from Bahamians
illegally.

“This is cause for concern, if a Bahamjan applies
for a stall permit for a specific person, but inten-
tionally hands that stall to someone else who is not
a registered vendor, quite frankly that’s fraud,” Mr
McCartney said. He said that if the claims that some
Bahamians are leasing their Straw Market stalls to
illegal migrants can be proven, the permits of the
local vendors will be revoked.

“Possibly there could be fines levied if charged,
but certainly once we’ve done the necessary inves-
tigations, those permits will be revoked,” he said.

For the year, the Department of Immigration has
been successful in apprehending and repatriating a
total of 5,385 immigrants.

Included in that number are 4,565 Haitians, 367
Jamaicans, 117 Dominicans, 51 Brazilians, 68
Cubans, and others. In July, overall repatriations
were highest, totalling 922 people.

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PAGE 6, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE



LOCAL NEWS

91 Haitian migrants are
detained by Defence Force



= SHOEQU

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A TOTAL of 91 Haitian
migrants are detained at the
Carmichael Road Detention
Centre after being apprehended
by the Defence Force for
attempting to land illegally in
the Bahamas on Tuesday after-
noon.

While on routine patrol at
around 2.30pm on Tuesday, a
Defence Force vessel spotted a
40-ft blue and white Haitian
sloop 10 miles east.of New
Providence.

A further investigation of the
vessel revealed a large group of
undocumented migrants aboard
the boat — 73 men, 15 women

be in fair condition, the Defence
Force said.

The unsanitary state of the
sloop dictated that the men and
women be taken aboard the
Defence Force craft.

They were all transported to
New Providence. They arrived
shortly after lam on Wednes-
day morning and were turned
over to Immigration officials for
further processing.

A FEMALE migrant along with her
child in search of a better life.
They are a part of the group
apprehended on Wednesday

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Call for more modern, efficient and
‘accountable’ Post Office Department

@ By KATHRYN CAMPBELL
Bahamas Information Services

A SENIOR government official has called

for a close examination of the Bahamas postal.

service that will result in a more modern, effi-
cient and “accountable” Post Office Depart-
ment, :

Addressing employees of the Post Office
Department at a World Post Day luncheon last
Thursday, permanent secretary in the Ministry
of Public Works and Transport Anita Bernard
said that during the past century there have
been many significant changes tu the Post Office
Department. —

Included among them are the accelerated
development of information technology,
increased demands for services, increased expec-
tations of the public and increased competition,
she said.

Despite these changes, Mrs Bernard said the
work of the Post Office Department continues
to be relevant to the further social and eco-
nomic development of the Bahamas.

“As we seek to improve the Post Office
Department, I cannot over emphasise the need
for commitment at all levels of the postal service.
. cah assure you that your support will be as
vital in the future as it has been up to the present
time,” she said.

The post offices and sub-stations scattered
throughout the country have provided and con-
tinue to provide a very valuable link among the
islands and between the Bahamas and other
countries of the world, the permanent secre-
tary said.

SAVE THE DATE!

“It really serves your banking and commu-
nication needs, in addition to many other areas.
Today, on many islands we still have to depend
on the post office for banking services.

“So, you know very well the vital role that
you play in seeing to it that the communication
link remains strong, not just in New Providence,
but throughout the archipelago,” she said.

“We know that requires mail delivery by
both air and sea. So the mail boat serves quite a
vital link in that.”

Mrs Bernard recognised the contributions
of the Post Office staff and thanked the long
serving employees, the 2008/2009 Employee of
the Year, and the nominees who were recog-
nised at the luncheon. ~

“On this occasion, therefore, it gives me

great pleasure to thank these honourees for the
work that they perform on a daily basis, some-
times in adverse situations and not always in
ideal physical comfort at the Post Office Depart-
ment,” she said.
, in brief remarks, Postmaster General God-
frey Clarke acknowledged the staff of the Post
Office Department, particularly those who work
in the mail processing area.

“You are a group of people who are often
sometimes maligned. You can sort the mail 99.9
per cent on time, but the .01 per cent you do not
sort on time you will hear about it on the radio,
or on the talk shows. I appreciate your hard
work over the years.”

Special awards were presented to long serv-
ing employees of 10 to 45 years and to Virginia
Hart-Stubbs, selected as 2008-2009 Employee of
the Year.

SAVE THE DATE!

SAVE THE DATE!

@ CAPSIZED BOAT REPORT

CHIEF Supt Basil Rahming said the police
would like to make a correction in reference to
the report police issued on October 14 con-
cerning the overdue vessel that was found cap-
sized off West End. He said that the report
should have included that a BASRA aircraft,
piloted by Captain John Roberts, first spotted
the capsized boat at around 8.45am on Tuesday.

Mr Rahming said the information was imme-
diately relayed to the police and Air Traffic
Control at the Grand Bahama International
Airport which then alerted a BASRA vessel.

“Mr Thomas Rolle of West End upon receiv-
ing the information from the police went out in
his vessel and recovered the stranded persons.
The BASRA aircraft had been up since 8am
Tuesday, searching for the overdue vessel,”
Mr Rahming said.

Five Bahamians were rescued on Tuesday
morning after they were spotted clinging to
their capsized vessel off West End. °

They were all suffering from exposure, dehy-
dration, and hypothermia, and were taken to
the West End Clinic for medical treatment,

Supt Rahming said the five persons were
reported missing after their vessel was overdue
in Freeport on Sunday evening. The group left
Grand Bahama at around Ipm on Sunday
aboard a white fishing vessel piloted by Shawn
Forbes en route to Grand Cay, and were sched-
uled to return to Grand Bahama later that
same evening.

Sometime at around 9pm, the duty officer at
the Police Dispatch Centre in Freeport received
information that the vessel was experiencing
engine difficulties in the area of Mangrove Cay
and was drifting in the darkness.

Mr Rahming said BASRA was notified and

the overdue vessel and its occupants.





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Amoury Company acting director

Commonwealth || . B&B L | )

makes presentation
of technology to
assist teachers

CHAIRMAN of the Com-
monwealth T Basil Donald pre-
sented Minister of Education
Carl Bethel with 120 new lap-
tops and LCD projectors to
assist teachers in the public
school system in performing
their duties in the classroom.

In making the donation, Mr
Donaldson told the ministry
and education officials present
that he is aware that the private
sector must complement the
resources the Ministry of Edu-
cation provides for teachers.

In addition to donating the
computers, the bank set up
book drop-off stands in all of
their branches tor customers
and staff to donate books.

The bank also volunteered in
the “Read to Lead Bahamas
Reading Mentoring Pro-

gramme”, where individuals
from businesses, civic organisa-
tions and government agencies
committed to reading to. grades



PRESIDENT BRIAN MOODY of the Rotary Club
of East Nassau is shown presenting a cheque in the
amount of $9,000 to Jimmie Knowles, representative
of the Bahamas Junior Sailing Association (BUSA).
The initiative involves more than 100 students from
private and public schools that are brought together
during the BUSA’s summer programme. During the

four, five and six students in
public primary schools in New
Providence, Grand Bahama,
Eleuthera, Abaco and Cat
Island each Wednesday from
12.45pm to 1.15pm.

“We believe that. the devel-
opment of our youth is key to
the development of our country
and ultimately our aim is to
develop good citizens,” Mr
Donald said. «

Minister Bethel, joined. by
Elma Garraway, permanent
secretary in the Ministry of
Education, and acting director
of Education Lionel Sands,
accepted the donation and com-
mended Commonwealth Bank
for being a good corporate citi-
zen.

The minister said he was
pleasantly surprised by “the
enormity of gift” and assured
the banking executives that the
schools will put them to good

DONATES

Ways



lll bay

4 wyyy





He told the corporate part-
ners that the computers will
complement the latest technol-
ogy in the classroom, the
Promethean Board — a comput-
erised blackboard that sparks

‘greater interaction in the class-

room between students and
teachers.

He added that technology in
the classroom will be able to
capture the attention of even
the slow learners, because that it
is what interests today’s stu-
dents.

Jonathan Cacinco, represent-
ing the Amoury Company,
supplier of the computers
land LCD projectors, said
his company was happy to
participate in the effort and that

‘the lessons learnt through

the technology will inspire stu-
dents to attend college, and
return home to build up the
Bahamas.



course of two years, the students are taught how to
sail from the beginner's stage to the level of full-
fledged sailing instructors. “The annual donation is

the Rotary Club of East Nassau doing their part to
insure that junior sailing flourishes in the Bahamas
and that this traditional sport continues for many
years to come,” the Club said. °

Two global risk management credentials launched

TO HELP local businesses and
government to better protect
themselves from natural disasters
and economic risks, Lignum is
launching two risk management
credentials.

Lignum has announced the
launch of two global risk man-
agement credentials — the PMI
Risk Management Professional
(PMI-RMP)SM and the Ameri-
can Academy of Project Man-
agement (AAPM) Certified Pro-
ject Risk Manager.

These credentials, the devel-
opment of which was announced
in July 2008, certifies a person’s
knowledge and experience in the
specialty area of project/business
risk management.

_Dr Cornel Collins, chairman
and CEO of Lignum said, “The
understanding of articulate risk
management is not an option for
corporations and government in
the Bahamas, it is in fact manda-
tory, this is based on our geo-
graphical, and eco-political posi-
tion in the region, risk manage-
ment demands our survival for
the future.”

“PMI, AAPM and Lignum are
always aware that companies
have to always deal with different
types of risk, be it financial, legal,
the success of a new product or
service, mergers and sales, intel-
lectual property, threats of nat-
ural disasters, and the like. These
risks are traditionally treated as
silos. The CFO responsible for
financial risks, IT management

responsible for technology risks, -

legal council responsible for the
companies legal issues.

“But this fragmented approach
to risk is becoming more danger-
ous and risky in itself, as compa-
nies and governments face greater
risks, which threaten their overall
effectiveness and existence. These
risks come in the form of non-
compliance with government reg-
ulations, increasing information
security threats, natural disasters,
project failures due to the pure
fact of not managing and mitigat-
ing project risks,” Lignum said in
a press release. ae

Lignum said it is now more
critical than ever for companies
and governments to develop and
maintain a holistic risk manage-
ment programme that coordinates
these silos because they all have
the same overall goal — to pro-
tect the company and government
and its assets.

“For proper risk management
to be carried out, a company must
understand all of its vulnerabili-
ties and match them to specific
threats. There are certain steps

that must be adhered to, in a

coherent and logical manner, if
not, proper risk management can-
not be implemented, and the
probability of risk damage
becomes greater.

“However, for Project Risk
Management protecting the value
of a project involves dealing with
the uncertainty that will be asso-
ciated with its delivery. The role
of Project Management is to assist
in turning uncertain events and

efforts into certain outcomes and
promises. If this is the case, then
the primary process associated
with project management should
be that of risk management. How
other processes, such as scope,
schedule, and spending manage-
ment support risk management
is therefore critical for successful

project management and for max- ,

imizing the value of our project-
based efforts. One of the more
recently introduced project man-
agement methodologies has at its
core a focus on the management
of uncertainty and risk,” Lignum
said. urd

“The Bahamas has greater
amount of risks, due to the simple
fact, of our economic and geo-
graphical positions. We are very
susceptible to natural disasters;
hurricanes, floods, high winds,
and our economic position is vul-
nerable which is dependent on
tourism and finance, both of

- which are at high risk at the pre-

sent time. The question is, are we
in a position to either, accept,
respond, avoid or transfer the
risk. Companies and government
should be looking at this a long
time ago, if you haven't then now
is the time.”

TROPICAL
EXTERMINATORS

AU
tu ay aL



British American Financial Breast Cancer Tip

of education; Lionel Sands,
Department of Education; Elma
Garraway; permanent secretary in

‘Ministry of Education; Minister of

Education Carl Bethel; T Basil
Donaldson, chairman of the Com-
monwealth Bank; William Jen-
nings, chief financial officer at the
Commonwealth Bank, and Denise
Turnquest, senior vice-president
of mortgages and commercial
lending at Commonwealth Bank.

A line up you won’t
soon forget.

Tyréflex Star

We

\

URS wa
WCAG

¢ DOCTORS HOSPITAL

WIN Health Bor Lift
FREE MAMMOGRAMS

For Life!

Enter to WIN Free Mammograms for Life, by completing
this entry form before November Ist 2008 and mail to
Doctors Hospital Marketing Department

P.O.Box N3018 Nassau, Bahamas

Name:

Address:

P.O. BOX! on eS SERRA QQ AA
Age) se
Tel: \
Mobile: _

Emall:

In observance of Breast Cancer Awareness Month
DOCTORS HOSPITAL is proud to evade

bY Ob OFF* the cost of Mammograms!

“Women who have not had a Mammogram at Doctors Hospital
Must present tis coupon»
“Valid through December Ist 2008

During breast cancer therapy and recovery, be certain to make your health apriority. Eat a
balanced diet high in fruits, vegetables and grains, and low in fat. Exercise regularly. Choose an
activity you enjoy such as walking, swimming, or aerobics. Get plenty of rest and a full night's

sleep.

You can survive breast cancer, Early detection through regular breast self-exams and a regular program of
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BN american

Gloria Hanna

53

Breast Cancer Survivor for-16 years

The Tribune observes Breast Cancer Awareness Month 2008











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PAGE 8, THURSDAY, OCTOBER 16, 2008 : iT
Bahamas District Pilot Internati

History. °

Founded in 1921 in Macon, oGéorg
organization of executive, businessiant
er to improve the quality of life) inne
serving those with brain-relatedidisard





PROCLAMATION

W rrreas Pilot
International was founded in

1921 by a group of civic-minded
industry professionals and business
executives, who were dedicated to the
promotion of friendship, service and
the improvement in quality of life of
people residing in communities
throughout the world;




























Pilot International emphasizés and
with some 22,000 adult and Anchonn
found internationally in countiridsr
Canada, Japan, Korea, Singapoté, atid

Pilot Club

In addition to the EXECUTIVE; ithe
Members have the opportunity:to she
enjoy working most:.

OPERATIONS: Responsibilitiesrfo
new members and support of club.zhan

PROJECTS: Seeks out community:
with relevant club involvement.

ANCHORS: Coordinates andestaibl
dents in collaboration with the support
ing to the Anchors.

FUND-RAISING: Schedulesialbtha

EACH DIVISION performs .undesd

AND WHEREAS, in the eighty-
seven years of its existence, Pilot
International has experienced phe-
nomenal growth worldwide, to the
extent that there are now.450 clubs
with a combined membership of more
than 11,000 members;



AND WHEREAS, in 1952, Pilot International established its
youth arm, the Anchor Clubs, through which it promotes and
fostérs the spirit of service and volunteerism, and which have
grown worldwide, to the extent that there are now approximate-
ly 10,000 members worldwide, including elementary, middle
school, high school and high school students;

Luncheon. Pilot rns

AND WHEREAS, in 1975 the Pilot International Foundation
was established for the purpose of providing support for the

’ Organization’s charitable, educational and scientific research

. programme; ,



Presser Day is celebrat2
- ed throughout the Pile
world during October, and this : iS,
a time for reflection. To give,
thanks to those persons who had
the vision to form this great.
organization. a
So much has changed in the
past 87 years, I am sure they
would be astonished to see where

AND WHEREAS, Pilot International, working through its
International Foundation and with its Foundation partners,
undertakes and manages a network of humanitarian, communi-
ty, and scholarship programmes;



AND WHEREAS, Pilot International partners with apex
organizations which have oversight for mental and physical dis-

abilities, and assists them in their efforts to promote prevention,
cures and a general improvement in the quality of life of per-
sons living with disorders and disabilities;

AND WHEREAS; The Bahamas District of Pilot International
will join with 22,000 club members on 18 October, 2008 to cele-
brate Founders Day;

NOW THEREFORE, I Hubert A. Ingraham, Prime Minister of
the Commonwealth of The Bahamas, do hereby proclaim
Saturday, 18th October, 2008 as “Pilot International Founders
Day” in The Bahamas.

we are today, but they would be
so proud to see what we have
been doing in our various coms
munities. f
I continue to be proud to bel
Pilot, having joined over thirty
years ago. I am humbled to be
the sitting President of this won-
derful organization at this time
and thank my fellow Pilots -for .
their continued love and support
as we spread "Friendship And
Service Around The World." ——












IN WITNESS WHEREOE , I have
hereunto set my Hand and Seal
this 10th day of September 2008.

To all the clubs in the Pilotsworle
Nassau, Abaco, Exuma and Grandi B’
organization of choice and we williimypr




Ahi”

ASSN SOE OY OP Me Ors 9 erodit Nn JISHD oI 2 OTB
shaplin’s"Meéssage:

i ae
wm a8 st at z atest es ¢ fier

t
eft re

"Tes we celebrate
the vision, fortitude,
and audacity that our early
founders had 87 years ago, in
helping to make our commu-
nities a better place to live,
through Pilot International.
“Where there is no vision,
the people perish”, Proverbs .
29:18.

We give thanks to God for
protecting and keeping. us
safe through Tropical Storm
Hanna and Hurricane Ike. A
few of our islands were badly

damaged, but thank God, no
death has been reported.
Let’s remember our brothers
and sisters in need at home,
and abroad, in the spirit of
spreading, Friendship and
Service. Around The World.”
“Give, and it shall be given
“to you; good measure,
pressed down,and shaken
together, and running over,
shall men give into our
bosom. For with the same
measure that you use, it will
be measured back to you”.

. Luke 6:38

_ BrainMinders
Protecting your brain for life

BrainMindersâ„¢ is the signature project for Pilot International
focused on traumatic brain injury and brain disorders. The proj-
ect encompasses a public service campaign designed to promote
brain awareness; and education programmes for children and
adults.

The award-winning programmes feature safety tips for children
and are presented by Pilot Clubs around the world.

Following a presentation, each child gets a sixteen page color-
ing book which includes information and activities for the parents
and coloring pages with tips and activities for the children.

More than 1,000 children in our primary schools have seen the
presentation. If your school wishes to have your students partici-
pate in this, call any Pilot Club.

PILOT INTERNATIONAL BRAIN POWER WALK
BAHAMAS DISTRICT

Saturday October 4th, 2008, this date will not be forgotten in the
lives of Pilots and their families and friends.

Pilots, Anchors and their families and friends in the Bahamas
District walked on islands of New Providence, Abaco, Exuma and
Grand Bahama.

This was an exciting time; everyone who participated in the Brain
Power Walk was enthused! There was no age limit on the partici-
pants, as there were babies in the stroller, toddlers, teenagers and
adults.

This 1st Annual Brain Power walk was held to bring public aware-
ness to the work of the local Pilot Clubs in the Bahamas and to “fit”
the members. Following the walk participants were given a bag of
fruits and members fellowshipped in Pilot Love and Friendship.

SERVICE WITH A PURPOSE

Pilot’s service focus involves promoting awareness of brain-related
disorders, and helping those affected through volunteer activities,
education, and financial support.

In 2001, Pilot International launched its signature project,
BrainMinders. Founded by a gift to Pilot International Foundation
from the estate of Callye Neese, BrainMinders is Pilot’s public serv-
ice campaign signature project aimed at increasing awareness of
brain injuries and ways to prevent them.

PILOT CLUBS MEETING TIMES

COMBINATION OF BUSINESS AND PROGRAMME MONTHLY MEETINGS

LUNCHEON PILOT CLUB

3rd Tuesday - 12:30 p.m.

Sandals Royal Bahamian Hotel
President - Bianca Dean-Willie
Bianca_willie@hotmail.com
President Elect - Giovanna Charles
Secretary - Sophie Cason

LUNCHEON MEETINGS

LUCAYA CLUB

3rd Wednesday - 12:30 p.m.
Xanadu Beach Hotel

President - Laurraine Dawkins
laurrained@hotmail.com

President elect - Laverne Atkinson
Secretary - Retia Gibson -Hall.

























Downtown Pilot Club in our communites.



| oday we. continue ‘to

: build on the firm fou
dation of friendship and comm
nity service which exemplifi
the Pilot organization.
motto, ‘True course Ever' and
our symbol, a pilot's wheel is a
beacon of hope to many commu-
; t : : nities throughout the world.
; F ge 4 ‘ \CDespite all the good we do, much.
‘ . . remains to be done. It is an ho
our to work in ou
communities,improving one lifé
at a time. We do want to lea
' our ‘footprints’ and yes our
handprints of service for years to"
come as we continue to make a
worthwhile difference.

EN y
SOSH
eo e SS ‘
“ Saas
REET NT
\

i





Thank you Pilots for all that
you do, for your generous and
unselfish contributions of time,
effort and treasure, to effect
change and improve lives. You—








activiti

A funds derived from our fundraising efforts are returned] to our com-
munities to assist in civic activities.

A signature event for the Nassau area is the Memories Ball, which kicks off
the holiday season, this year we celebrate at Super Clubs Breezes on November.
8th, 2008.

In the Freeport area, it’s the elegant Tea and Fashion show.

Join with us in improving our communities by touching lives, from having.
soup kitchens, visits to senior citizens homes, The WillieMae Pratt Centre, to
engage in Coastal Awareness Cleanup in the Abacos and Free Fair in East End,
Grand Bahama.

pus to school
at the Sandy

Thanks to the Pilot Club - South Abaco, soon students taking the
in Marsh Harbour will have a protective shed to wait under and
Point Primary School two Zebra Crossings will be put in place.

Central Pilot Club has had a FUN DAY, walk, and push-a-thon with the
Bahamas Council for Disability, AND soon, after many years of fanaing and
fund-raising, the Pilot Club of Nassau will build a swimming pool which will
cater to the community of persons with disabilities.

We invite everyone to join us in this exciting exercise.

Remember those tasty corn dogs at the Annual Red Cross Fair,
that!

We have partnered with REACH, to heighten awareness of Autism in the
Bahamas and over the years have donated to the Cancer Society, Hurricane
relief efforts, the Stapleton School and other charitable causes.



es Pilots do



PILOT CLUB of FREEPORT DN
2nd Wednesday - Mary Ann’s T bie
Restaurant - 6:00p.m.

President - Camesha Lightbourne
camesha_lightbourne@hotmail.com
President elect - Donna Jones,
Secretary - Camille Wyatt

DINNER MEETINGS

PILOT CLUB of NASSAU

3rd Tuesday - 6:00p.m.

Super Club Breezes

President - Nikola Dawkins
ndawkins@btcbahamas.com __
President Elect - Elizabeth Burrows,
Secretary - Andra Poitier

|

are the best! Enjoy our Founders:iDay:

















THE TRIBUNE

eh cangeres na
ent

‘onal celebrates Founder’s Day %&

6 Yervice

iap Pilot International is a volunteer
tmrafessional leaders working togeth-
xmmmiunities throughout the world by
tansidnd disabilities.

‘versified international membership,
embkrs worldwide. Members can be
nehiding the Bahamas, Argentina,
the Linited States.

Structure

celard four divisions in a PILOT Club.
ae their talents, in areas where they

vomemibership activities, Training for
uals, by-laws, ect.
needsrand prepares to support them

shekethe Anchor club, advises the stu-
istaffifrom the school. Provides train-

futidbaising activities of the club.
hesdirection of'a COORDINATOR.









RE

dspecially the clubs in the Bahamas,
hidnharswe belong to the best service

oveithe quality of life for those living »

Happy Founder's Day.
With Friendship and Love,

Debbie Archer

enfiPilot International * 2008 - 2009



“elation,
In Friendship and Service

‘ie Hall- -Campbell

aiée Governor ¢ Pilots International

PILOT CLUB of ABACO
3rd Tuesday - 7:00p.m.
Central Abaco Primary School
President - Andrea Chu
cpilotabo8@yahoo.com
‘resident elect - Sindy Charles
‘cretary - Robertha Lindsay














Pilot Club of Exuma




ince Pilot International was chartered in 1921, Pilot Clubs have undertak-
en service projects involving young people and their needs. In 1952, Pilot
adopted the program of sponsoring Anchor Clubs.

Anchor is now 50 years old and is made up of over 10,000 members.

Memberships i in an Anchor Club allows young people to make a dynamic dif-
ference in their world through Orne service...and have FUN while helping
others. .

Anchors learn valuable skills that prepare them to be good citizens for the rest
of their lives.

The first Anchor Club in the Bahamas was the Anchor Club of St. Augustine,
chartered in 1977.

Today there are thirteen clubs in various high schools in the Bahamas.

At July’s International Convention, in Phoenix, the Anchor Club of Lucaya
was recognized for their outstanding achievements in the Freeport area. Angela
Burrows won the overall Anchor Advisor of the year award.

A leadership seminar will take place for the anchors at C.C. Sweeting School
on November 1st, 2008 9:00a.m. - 12noon.

All officers will be installed on November 16th, 2008 at C. R. Walker High
School at 4p.m. The public is invited.

The annual Anchor Conference will be hosted by the Freeport Anchors
February, 2009.



















DOWNTOWN PILOT CLUB
3rd Tuesday - 6:00p.m.

Sandals Royal Bahamian
President - Sophia Walker
downtownpilotclub@gmail.com
President Elect - Beverly Bethel
Secretary - Karen Sweeting

PILOT CLUB-SOUTH ABACO
3rd Tuesday - 7:30p.m.

James A. Pinder School
President - Paul Pinder
claudia_pinder@hotmail.com
President Elect - Annie Darville
Secretary - Vernice Bain.

v

CENTRAL PILOT CLUB
3rd Wednesday - 6:30p.im.
Sandals Royal Bahamian
President - Andrea Fountain
andreafountain@hotmail.com
Secretary - Angela Albury

THURSDAY, OCTOBER 16, 2008,

rut

Code of Ethics
Pilot International

ealizing that whatever a. Pilot touches should be

ennobled by that touch, we, as business leaders, are
resolved to make our business standards high, to do our work
in every place in which we are employed as if it were our life
work, never omitting an opportunity of doing a kindness or
making a friend; to put into our business dealings a note of
sympathy for humanity; to follow truth; to do our best from
dawn till night; and so to live in the discharge of our duty, so
to take care of every responsibility that comes before us that
we shall radiate that which is unselfish, beautiful and true; and
when we shall have finished with our tasks we shall have given
an upward impg¢tus to human ideals and achievements.

With this resolution before us then, we believe it is our duty
as Pilots:

To consider our work worthy and ourselves worthy of our
work, exemplifying in it at all times the Pilot motto, nis
Course Ever.”

To work each day at that which is before us seriously, vigor-
ously, calmly, cheerily; to improve ourselves in every possible
way; to increase our efficiency; to enlarge our visions.

To be ambitious to succeed, but always to be ethical, desir-
ing nothing that is not achieved by justice, honesty and fairness.

To live in the presence of the great eternal laws, which will
keep us patient when the task is irksome and calm and
unspoiled when we seem to succeed.

To acquire self-control and self-reliance; to be ready to give
as well as take; to develop in ourselves an appreciation of the
finer things of life; to be honest and generous; to help, not to
hinder; to be slow of criticism and quick with praise.

To cherish our visions and our ideals; to cherish the music
that stirs our hearts, the beauty that forms in our minds, know-
ing that on these things we can build our world, for visions and
dreams are the seedlings of reality.

To be loyal to Pilot in thought, word and deed.

To see no evil, hear no evil, speak no evil, think no evil of a
Pilot, but to be no more loyal to a Pilot in this respect than we
are to every other person, for the genius of Pilot is in its kind-
ness, and justice is the soul and substance of life.

—Pearl! Sparks
Pilot Club of Florence, AL - 1926

Share Pilot Events

S= an activity is an opportunity for members to invite
friends and colleagues to learn about the organization
through relaxed presentations and discussions and if they like
what they hear, complete membership application.

The*next ‘Share Pilot’ is set for October 25th, 2008 in Nassau
and in Freeport on December 17th, 2008. Ironica Baker-Morris
and Francis Ledee, charter members of the Pilet movement in‘the.,
Bahamas yt: ago arg still dctive-today, other: dongitime tmem-~.
bers’aré* nee IN SEO Oe

Carolyn Roberts; Debbie Archer, Rita Spriggs, Brenda
Ingraham, Elizabeth Sweeting, Alice Musgrove-Rolle and Kayla
Burrows,. Chenena Gibson, Katie Nixon, Sylvia Fernander,
Zelma Dean.

Two hundred and fifty members in nine clubs make up the
Bahamas District.

Pilot interianonal officers in the Bahamas District are:
Deborah Archer - President - Pilot International

Rita Spriggs - Pilot International - Operations Coordinator
Virginia Hall-Campbell - Governor - Bahamas District
Angela Rahming - Bahamas District Treasurer

Emily Glass - Bahamas District Secretary

Jethlyn Burrows - Governor Elect - Bahamas District
Carolyn Deleveaux - Bahamas District - Chaplain

Beverly Wilkes - Pilot International ECR

Fifteen other pilots serve as appointees on the District Council.
The Bahamas attained District Status in 2004 and four members
have served as Governor:

Katrina Cartwright - (Nassau) 2004 - 2005
Loretta Parris - (Freeport) 2005 - 2006

Alice Musgrove-Rolle - (Nassau) 2006 - 2007
Antoinette Carroll - (Lucaya) 2007 - 2008

Schedule of Events.

OCTOBER - 2008

MEMBERSHIP MONTH

JOINT FOUNDERS DAY MEETING

Donation of Blankets to Rand Memorial Hospital (Lucaya)
Road Traffic Safety Seminars (Abaco)

Golden Oldies Nite (South Abaco)

Souse Out (Exuma/Downtown),

Share Pilot (Nassau)

Brain Minders Presentation (Luncheon)

NOVEMBER 2008

WillieMae Pratt Centre Visit (Luncheon)
Memories Ball (Nassau)

Jumble Sale (Abaco)

Thanksgiving Lunch For Senior Citizens
(All clubs All locations)

Sandilands Hospital Support Team (Nassau)

°

DECEMBER 2008

Share Pilot (Lucaya)
Club Christmas Parties
Assist with Salvation Army Bell Ringing



PILOT CLUB-EXUMA

3rd Sunday - 4:00p.m.

Resource Centre

President - Stephon Brice
exuma-pilots.club@google.com
President Elect - Delglicia Smith
Secretary - Erica Williams



PAGE 10, THURSDAY, OCTOBER 16, 2008

i SL er
Solutions to some of the Bahamas’ problems

m@ By AN EXPATRIATE

BAHAMIANS! I regard myself
as a guest in your islands. I have a
permit to be here and by living
here as a retired person, I am a

100 per cent contributor to your
economy.

1 am not economically active
in any way for myself. Like a guest
in a hotel I can see some things
that are wrong with your islands
and solutions to make things bet-

Dear Mom,

ter. Do not take me as ungrateful
for being allowed to live here
either!

By and large you have a lovely
way of life, a live-and-let-live atti-

Happy Birthday! You were

one of those special people who
opened your heart to others...who
never thought twice about giving of

yourself and

striving to make a

difference.Gometimes life gets so-
busy that and we seldom let those we
care for know how much they're loved.

— &o now on this special day, this wish
comes just to: tell you that you're
thought of in the warmest way, so
many days all year,and hoping your
birthday brings all the happiness a
special person like you deserve.

Thinking of you and wishing you a

Pesei ful Day!



()




















Miami
Orlando |

Ft. Lauderdale —
. New York (JFK)

Atlanta
Kingston —

Comfort Inn (MIA)
Comfort Inn (FLL)

Dollar $36.00
_ Thrifty $36.00
Alamo $36.00
Hertz $42.00
Budget $33.00

EMT TRUEL

Prince Charles Drive

ee eee

‘International & Domestic Airline

Washington ie

HOTELS

Best Western (Orlando)

Homestead :Suites (FLL)
Howard Johnson (MIA)
Ramada/Days Inn (MIA)

CAR VOUCHERS
Now only $50 Refundable Deposit
Economy Midsize Minivan

LRN

OPEN FROM 9A.M. - 6P.M

Love Always.

Kyla






60.00
80.00
66.00
83.00
293.00
$85.00

$39.00 $52.00
$39.00 $52.00
$39.00 $49.00
$46.00 $62.00
$36.00 $46.00





tude and by and large the folk
here are lovely, welcoming peo-
ple. Like any society in the world
you are let down by the few, who
are too selfish and irresponsible
to care about everyone else.

Many of my Bahamian friends
have told me to write to the Prime
Minister with my thoughts but I
am not after self-gratification, so I
would rather share these thoughts
with you. In my view it is up to
you to present ideas to your polliti-
cians, not me.

As my perspective is different
to yours, I see things differently,
and with a different focus to you.
Expat friends tell me that I will
give up in the end and just accept
your: ways and do nothing. But I
am not quite like that. Nor do I
think that some things are better at

‘home and should be imposed on

you. But some things you do are
either surprising or worrying.
Some of the things you accept, you
really don’t have to.

You have got to get your act
together before it is too late. In
some cases it is almost too late
now. Please listen to what I have
to say and think about it.

This week my apartment build-
ing was burgled for the sixth time
this year. No-one can sleep in their
apartment with the windows open
in case someone climbs the bal-
conies. Even on the fifth floor. We
are no longer safe, and neither are
other buildings around us that
endure the same crime wave. Yes,
most folk here are expats but by
no means all. Some are essential
workers in your community, oth-
ers have retired here. But think
of this. If we expats get scared and
leave what happens to you? What
happens to your property prices?
What happens to the army of
workers, plumbers, painters to
computer technicians that we give
work to?

The people who are doing this
are, in fact, burgling your econo-
my, burgling and mugging your
future livelihood.

Your murder rate is a disaster
of epic proportions. Compare the
Bahamas to a town in England
called Reading. Reading, taking
into account the surrounding dor-
mitory areas, has a population sim-
ilar to the Bahamas. It has crime
and drugs, too. But its murder rate
NEVER gets into double figures,

That is less than 10 per annum.

Here your murder rate is a terri-
fying 68 so far this year. Does that
put it into perspective for you?

The only things you have to sell
to the world in the Bahamas are
sun, sand, financial services and a
nice climate.

If Obama wins, your financial
services will shatter and disappear,
taking many decent jobs away
from Bahamians. This is because
Obama wants to shut down off-
shore financial services industries
all over the world and tax the off-
shore money.

It is very doubtful if your gov-

ernment intends to’stand up to
him, your last one did not stand up
to the Americans and the chickens
are coming home to roost from
that with the IRS having too much
access to accounts held here. He
may change his mind, but don’t
bank on it!

Obama is a high tax, big inva-
sive government president who
will need staggering tax revenue to
support his plans. Americans are
going to struggle with this, find-
ing they have less money to spend.
Can America afford Obama? And
if they do elect him what happens
to you? How about the obvious?

Less US tourists. How about less _

expats wanting to live here? How
about a collapse in your property
values?

None of us.can make accurate
predictions about the future but
the storm clouds are building for
you at the moment.

The financial industry faces
another aching conundrum. The
world is in a financial crisis. Make
no mistake about it. The Irish
pushed over a significant domino
the other day that will shake the
world.

They are guaranteeing all bank
deposits, 100 per cent. Denmark,

Sweden and Austria have followed ~

forcing Germany to break ranks
and do the same. The Spanish will
follow, and at some point all of
Europe will have to do the same.
This is because if they don’t, mon-
ey will disappear from their
economies to where it is safe. The
USA has yet to do this. Can it
even afford to do so? If it does
not, money. may flee to Europe.

| he US faces a frightening
scenario. Even countries
like Iceland are in default, with
the UK government freezing Ice-
landic assets at the moment as Ice-
land refuses to guarantee huge
bank deposits for commercial or
government account holders.
Money is a serious issue to every-
one at the moment. ,
Your biggest industry is
tourism. Your hotels are operating
at 10 per cent capacity and many
staff are on. two-day weeks. That is
today. What happens after Christ-
mas? If Obama is in and the world
financial crisis drags on, the
Bahamas will have a rotten 2009.
Certain elements of your soci-
ety, all too ready to take on the
gangsta rap image, are going to

go on a crime and muggings ram- »

page. What happens then to your
tourist industry? You are only a
whisker away from being labelled
a dangerous destination now, nev-
er mind if things get worse.

A few more American tourists
shot up or mugged and Ameri-
cans won’t come any more. Then
what will you do?

Then there are some Bahami-
ans with a frightening attitude.
Their attitude is “we were slaves
once, now white boy it’s your turn
to pay for that because if I-can’t
gouge your money out of you, I
am going to make trouble for
you”. I thought we were trying to
get rid of racial prejudice in the
world? I know two households

who have had enough of that atti-

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tude, having had some bad expe-
riences and they are leaving for
good, Only you the Bahamian
people can tell these people their
attitude stinks.

Thankfully, they are in the
minority, most Bahamians being
lovely folk, but don’t forget in any
society we all get judged by our
worst elements. Think of Jamaica
if you want proof of that.

Oh don’t think that “quaint”,
rundown Nassau appeals very
much. Some surrey drivers treat
their horses to terrible cruelty and
should be forced out of business.
You know this and do nothing.
You are therefore guilty by default
of condoning animal cruelty.

Tourists look on horror at lame
horses being whipped on and
forced to work by cruel drivers.
Then there are the horses that are
ill-fed with their bones sticking
out. Do you think animal-loving
tourists will want to come back to
the Bahamas? What will they tell
their friends? If.tourists saw the
stables these poor horses endure
there would be a huge outcry of
rage from them.

Your shops are not very inter-
esting and are obvious tourist
traps; the straw market rebuilding
debacle is a disgrace. The streets
are rough and neglected and
swamped by too much through
traffic, the worst being the large
Semis revving up their engines and
delighting in terrorising everyone
as they crash their trailers over the
sidewalks, making people jump
out of the way to avoid death or
injury.

When it’s wet your streets fill
with water and the potholes are
hidden, vehicles then shower
tourists with filthy, muddy water.
Try walking to the fish fry from
Nassau centre, a short walk many
tourists would delight in. It is an
unpleasant walk, with broken side-
walks and if it is wet a huge likeli-
hood of being soaked by passing
traffic. You could change this so
easily! *

Nassau is broken. It could be a
charming and quaint but instead it
is a decaying wreck.

A bit like your taxis. Atlantis
said recently. that your taxis are
too old. They are. Taxis are in the
front line with regard to tourists,
who come from countries where
taxis are newer, better regulated
and therefore safer.

My first-ever experience of one
in the Bahamas was at Nassau air-
port. A large US.van pulled up
and refused to take me in to Nas-
sau. The driver was very angry. A
policeman told him he was going
to. take me or else. His beef was
that he did not want a single per-
son but multi-person fare. He was
sullen, moody and drove aggres-
sively and roughly all the way to
my destination. What a nice wel-
come! I nearly went back home
the next day.

Other taxis have broken down
on me or ripped me off or
attempted to. One taxi-driver tried
to charge three friends and myself
$120 to go eight miles.

Other taxis are driven by dri-
vers who think they are on a race-
track. Terrifying. Others have
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to pieces. For taxi-drivers gener-
ally do not care about your
Bahamas, only themselves.

Think of this when I go home. I
have a nine and half hour flight. I
shower before I go, and then have
to step into a taxi with no air-con-
ditioning (“it broke today, sir” —
I know this one has been driving
around for weeks with his win-
dows open, so no, it did not break
today!) so by the time I get to the
airport.I am hot and sweaty.
Thank you Bahamas taxi-cab dri-
ver for making the next nine and
half hours more uncomfortable
than they need to be. The solu-
tion is so simple, too. No taxis over .
seven years old and none can be
registered for service over four
years old. They must have strict
checks four times a year and have,
a taxi captain who does spot
checks to ensure they are fit to be
on the road.

I: the drivers complain their
fares are not high enough to
cover this, and to be honest they
are low, then raise them. Bahami-
ans don’t use taxis as much as
tourists do. The tourists think taxi
fares are low compared with what
they have to pay at home.

Your roads and your taxis
alone give your country an air of a
broken, rundown place. It does
not need to be this way.

Bahamians claim to love ani-
mals. Why then do you allow tur-
tles to be butchered and tortured
to death? Sometimes over days
while bits are hacked off? Why do
you allow fishermen to hold them
for ransom to tourists shocked at
the cruelty?

What about your dog problem?
Far too many stray dogs roam the .
streets. Far too many: irresponsible
Bahamians take on a dog and then
get bored with it and throw it out
on the streets. Even worse, dog
breeders here throw dogs they
don’t want on to the streets to be
feral. Pitbulls, of which there are
so mariy, they must be used for
that cruel sport called dog-fighting,
are very fearsome if they become
feral. Why Bahamians are you let-
ting this happen?

Mr Ingraham, you may not
have noticed, but it is time for you
to put the wheels back on the
Bahamas. Literally. What is it with
Bahamians who drive around
without the right number of
wheelnuts? Vehicle manufactur-
ers spend millions of dollars to
design their vehicles and have
good reason to specify the number
of wheelnuts that a vehicles should
have. Almost every other vehicle
in the Bahamas has some nuts
missing. Look for yourself!

Just how are you going to con-
trol your car when the wheels fall
off? For the sake of say, $1 a nut?
What absolute raving madness is
this? When it comes to tyres you
are no better either, driving on
bald tyres is in my opinion a dead-
ly thing to do. If your tyres are no
good, you cannot stop or stay on
the road. I remonstrated with a
taxi-driver about his bald tyres,
(“they are racing tyres,” he said,

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THURSDAY, OCTOBER 16, 2008, PAGE 11



FROM page one

ters”, including the embezzle-
ment of funds from the Nation-
al Emergency Management
Agency (NEMA). It is alleged
that construction materials were
paid for, but never arrived at
their designated location or
island.

These supplies were report-
edly destined for Grand
Bahama, Abaco, and the south
eastern Bahamas.

The first matter, reportedly
involves a $5 million contract
that is said to have been award-
ed to a well-known PLP sup-
porter in the construction field
who has also been questioned
by police in connection with this
transaction.

When asked by investigators
about the disappearance of the
building supplies that were des-
tined for NEMA and ultimate-
ly hurricane stricken families,

Police question
sitting PLP MP >

: just want them to go so this can
: end."

the contractor is alleged to have
replied: “I ain’t know nuttin’
bout’ that. Do what you gat’ to
do.”

The contractor reportedly
remained adamant on this point
even when supplied with evi-
dence, stating, “I ain’t talkin’. I

-don’t know nuttin’ about that.”

A second matter involves
another multi-million dollar
contract that was:awarded to
another well-known PLP heavy
equipment operator. It involved
a contract that was awarded to
clear two government subdivi-
sions valued at more than $7
million.

It is alleged that not only was
the contract already inflated,

but the developer in question
turned around and sold the fill
from the land back to govern-
ment at $1 million per subdivi-
sion. If proved it would mean
that this single contract would
have totalled more than $9 mil-

contract was not put out to bid.

government for $12 a yard.

According to reports, these
and other transactions, involv-
ing other government depart-
ments, are expected to be raised
as the MP’s questioning contin-
ues this week.

FROM page one

blame the Ministry because
they are playing both sides of
the fence and it is not fair.
"We don't want to get
involved with the teachers, we

Just 34 of more than 300 stu-

: dents at Central Andros High
: School attended school on
: Tuesday and Wednesday, and
: they will be kept out again
lion. It is also claimed that this | today as parents wait for the
: Ministry of Education to take

Reportedly, the subdivision action.
developer was also purchasing :

fill from a local supplier for $4 { 100-plus primary school stu-

yard, and then reselling it to : dents have been in class since
? Tuesday, and will continue to
? miss out on their education

today:

In addition, only seven of the

Education Minister Carl

: Bethel said the transfers will
: stand, and Director of Educa-
: tion Lionel Sands maintains the

FROM page 10

“they are not supposed to have any tread,”
what kind of fool does he take me for?) I
refused to get in his taxi. | i :

Yes, Mr Ingraham, put the wheels back on
the Bahamas!

Have you noticed how often your traffic
lights fail? I have never been to another coun-
try where this occurs With such regularity. Even
in cold, wet North European countries this
does not happen. So why do you put up with it?

Your beaches are achingly beautiful. But
you wouldn’t want to walk on some of them
barefoot as they are full of broken glass, and
other detritus. On some rubbish is everywhere.
It does not have to be this way. In Spain and
Italy every grain of sand is precious; the beach-

-es are raked and sifted every night. It costs to go
on them, too, but you do get an umbrella and
two sunbeds for the day. But isn’t it worth it?
You have a large free labour force who could to
do the work, too, the inmates of Fox Hill.

As part of their sentence working the beach-
es in a chain-gang could be good for them and

you, the Bahamians. Imagine your beaches.

free of litter with your beautiful sand so fine
and clean?

Recently a boy was admitted to hospital. It
turned out he had lead poisoning. His case was
worse because he had been playing in the yard
where his father had been dismantling car bat-
teries and burying the lead in the ground. The
whole family had huge lead amounts in their
bodies. But think, this lead will break down
into your water table! What else is being
scrapped and dripping its way down into your
water? There are far too many old cars lying
around dripping their poisonous fluids straight
into your well water. ;

Some jet-ski hirers are crazy. I have wit-
nessed the rudeness and aggression they show
to anyone who does not want to hire a jet-ski.
They have no regard for safe zoned swimming
areas. Friends have nearly been killed by these
young hooligans. How many more tourist

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deaths does it take to bring this industry into
line? I have been a witness to two near misses.
That is two too many in such a short period of
time. Many tourists hate the jet-skis with a pas-
sion and would want to go snorkelling in your
beautiful waters, but instead rightly fear for
their lives from jet-skis.

Amazingly, the people who actually do hire
them ride them better than the hirers! What
does that tell you?

When I was living in Norway I witnessed an
amazing thing, 3-4 feet of snow could fall in a
night. But the Norwegians would respond in an
instant with snow ploughs coming out very fast
in response. The secret is a system of contrac-
tors all responsible for their piece of road or
sidewalk. The contractors are paid regardless of
whether there is snow or not. Taking this idea
and bringing it to the Bahamas you would have
‘contractors who might be retired or semi-
retired people responsible for keeping a neigh-
bourhood clean and tidy. They would not live
in it to save arguments but would be held
accountable for getting wrecked cars cleared up
and removed, litter cleared away and potholes
filled in. They could even be empowered to
remove wrecked cars from people’s driveways
so that neighbourhoods are not turned into
scrapyards. This is “small” government at work,
not big, unaccountable, unresponsive state gov-
ernment. ‘

What about those poor folk who have been
hit so hard by the economy? These folk want to
work but there is no work. Yet a system of
gangers could be formed, so that anyone want-
ing a day’s work clearing litter, landscaping,
filling potholes, painting kerbs or whatever is
needed could turn up at a location, be collect-
ed and go to work. This would give folk back
their dignity. The Bahamas would look far less
scruffy and unkempt as a result.

But where should the money come from?
How about Bahamasair? This airline is horri-

ble. It is rude, inefficient and incompetent. It
needs to fail, and that would allow smaller,

better operators to emerge. Of course, some ,

routes would have to receive a government
subsidy but these could be tendered for with
strict limits on aircraft safety and age. It would
cost you far less than subsidising Bahamasair,

Finally food. The fact that some strawberries
I bought came from California the other day
shocked me. You don’t have the space for live-
stock. But you do have acres of land suitable for
salad and vegetable production. In New Provy-
idence they are called pine barrens and
swamps. Ecologists will want to confine you
to the third world and not turn these areas into
the fine farms they could be. But would you
rather trade mosquitoes for food? I would. I am
no expert in these matters but the soil is poor
and will require an investment, a one-off of
buying topsoil from various places in the world.
After that it is up to you to make sure it is
looked after. Imported animal manure is good.
But best of all, household green waste can be
composted for soil treatment and guess what, it
is some of the best fertiliser you could ever
have. Even human sewage can be specially
treated for this purpose. .

Think outside the box. You have a lime-
stone soil. French champagne producers adore
limestone soil, so could you successfully grow
grapes here? Could the Bahamas become a
champagne producer? What a thought!

Olives are in great demand worldwide with
olive oil in short supply. Olive trees grow well
in all sorts of places. Could they be your future?
Surely fruit trees would grow well if the soil was
improved? What of Andros, that great, big,

“beautiful island? Improve the soil and could
that became the Bahamas breadbasket? Could
it produce food? I think so.

I love your islands and most of your people.
It is my Bahamian friends who have urged me

to write this to inspire you to action. You can ©

change things. I cannot. I am only a Caucasian
living here in your country by your rules.

It.is not my place to change things, but it is
yours.

PAINS

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Parents plan to protest
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Ministry will make representa-
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schools to which they were
assigned.

The concerned mother said:



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PAGE 12,

THURSDAY, OCTOBER 16, 2008

LOCAL NEWS

THE TRIBUNE



FROM page one

According to court dockets, Beckford on Sat-
urday, October 4, intentionally caused the death
of Sheanda Lewis. Some 18 witnesses are listed
on court dockets. Several relatives of the
deceased were also present at the arraignment
yesterday. Beckford, represented by lawyer
Jairam Mangra of the law firm Lockhart and
Munroe, was not required to enter a plea to
the murder charge.

Chief Magistrate Gomez informed the

Man charged with murder

accused that a preliminary inquiry will be held
- to determine whether there is sufficient evi- ;
dence to have him stand trial in the Supreme :

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The case has been adjourned to November 4)
and transferred to Court 10, Nassau Street.

Sergeant Sean Thurston appeared for the
prosecution. Beckford has been remanded to }

Her Majesty’s Prison.

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FROM page one

office but both Director of Public Prosecutions
Bernard Turner and Director of Legal Affairs Deb-
orah Fraser were said to be out of office. Attempts
to reach Attorney General Michael Barnett, who
was in Cabinet, were also unsuccessful yesterday.

In July, Mr Adderley told The Tribune that Cus-
toms and other officials were working to determine
how much money Global United owed government.
He also said in addition to the Customs Depart-
ment, Global United owed money to "one or two
other government agencies."

During that interview, Mr Adderley added that
Global United owed the Department of Customs
more than $4 million which accumulated over two
years during which the shipping company failed to
pay custom duties.

In addition, it is alleged that the company also
owes government money for unpaid passenger tax-

Case of alleged millions
owed by Global United

passed on to the AG’s office

to press time last night.

In a statement released in June — shortly after
news broke that government was seeking to recoup
outstanding payments from Global United — the
company claimed the government's demand for the
money was part of a "relentless" politically moti-
vated "attack" on the company's CEO.

The statement conceded that the company owed
government money, but said efforts were made to
resolve the matter and questioned government's
public statements on the issue. The company also
said that since Global United's entry into the Nassau
market, it had paid government on the same terms
established years ago; under this arrangement a
window of time was provided for Global to bill, col-
lect duty and taxes and then pay the same to Cus-

es.

Calls placed to Mr Ritchie were not returned up

FROM page one

the Bahamian people.

As a strong supporter of the
people’s right to know, Mr Mar-
quis was often unpopular among
the political brass of the Progres-
sive Liberal Party when it was in
government.

He was often referred to as “a
racist” for his comical portrayal
of many of the country’s more
“inept” leaders who refused to

heed the warning of his pen, but -

simply took issue with “who” was
issuing the criticisms.

Beginning his career on the
Northampton Chronicle and Echo
in 1961, Mr Marquis spent 13
years as an editor and publisher
for the Packet group of newspa-
pers in Cornwall. He was also an
assistant editor of the now-defunct
Evening Post-Echo in Hemel
Hempstead, owned by Thomson
Regional Newspapers, in the
1970s.

Before this, Mr Merauis also
spent some time in New Provi-
dence as a reporter with The Nas-
sau Guardian, and later The Tri-
bune during the late 1960s and
was a noted sports reporter cov-
ering several Muhammed Ali
fights in many parts of the world
for the Thomson Newspaper
group, then Britain’s largest news-
paper organisation.

Mr Marquis has also had a long
association with Reuters, both as
a staff journalist and freelance
correspondent. He worked on the
agency’s world desk in Fleet
Street before becoming Thom-
son’s London Sports Editor and
chief boxing correspondent.

In the 1970s he won one of
Britain’s top press awards after
exposing two doctors involved in
the deaths of two child patients.

However, he quit British jour-
nalism in 1999 for his post at The

toms.

John Marquis

Tribune, where the daily’s circu-
lation performance has been
described by a leading American
newspaper expert as “extraordi-
nary” and “phenomenal”.

As one of the island’s most con-
troversial figures, Mr Marquis and
his Insight pieces have been tout-
ed as one of the reasons for the
decline of the PLP and their even-
tual failure at the polls in 2007.

One of the pieces in question,
the now famous Anna Nicole arti-
cle featuring the then Minister of
Immigration Shane Gibson in an
embrace with the late buxom

‘ blonde bombshell, was so popular

around Nassau that copies of the
75 cent newspaper were being re-
sold for $20 apiece.

But it is mainly his work
through Insight, Mr Marquis said,

that has shown the community.

that there is no particular section
of society that should hold itself

above the rest “to the detriment '

of the people at large.”

“The press should be ready to
challenge the establishment and
ensure that improvements are
made in society.. That is one of
the major roles of the press, and
I’m proud to be a part of that,” he
said.

Labelling The Tribune “the
handrail of society”, Mr Marquis
said that the daily has a genuine
moral and ethical purpose which
has a tremendous role to play in
Bahamian society.

“T will always follow what is
going on in the Bahamas and I
have been asked to make contri-
butions from time to time which I
will probably do. But in retire-
ment I will be concentrating more
on my books and also making pots
which is an occupation that I
always wanted to follow and have

NY

done from time to time. But I
really want to give it my best shot
and see if I am as good a studio
potter as I think I am.”

Mr Marquis recalled that when
he was a student in school his
teacher told him that his profes-
sion should, in fact, be a studio
potter.

‘When I told the teacher that I
was going to be a journalist she
said, ‘what a wicked waste of tal-
ent’,” he laughed. “However, I
have no regrets at being a jour-

‘nalist, but I want to give my tal-

ents in the cefamics field a fair
crack of the whip.”

In a message ‘to Bahamian jour-
nalists, Mr Marquis said they must
realise that, in addition to. their
professional skills, they must
develop the moral courage
required to do the job.

“They must recognise that their
readers are depending on them
to ask the questions that they
themselves would like to ask but.
are rarely in a position to do so.

“In the past I have been critical
of Bahamian journalists for being
too compliant and too deferential
to authority: That is not the role of
the journalist. The role of a jour-
nalist is to be critical, to be ques-
tioning, and to be on an endless
quest for the truth,” he said.

The quality of young journal-
ists in the Bahamas had improved
dramatically in recent years, Mr
Marquis said.

“And it is particularly true of
The Tribune staff because they
have developed the kind of ques-
tioning and sometimes combative
stance that is required of all good
journalists.”

Mr Marquis is also an accom-
plished author, having published
two books, Blood and Fire in
2005, and Papa Doc in 2007. He
and his wife Joan have eight chil-
dren.

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organisation, website

A GROUP of pastors
from various denomina-
tions have come together
to found the “Pastors of
Prayer” organisation.

It all started with a
phone call. Bishop Ian
Brathwaite, Sr, called up
one of his pastoral friends
who in turn called up
another pastoral friend and
thus a new ministry was
born.

This ministry is com-..

prised of clergymen
from several denomina-
tions, who eventually
became “Pastors of Prayer
(POP).”

Today, the organisation
said it is an “well-equipped
army of generals readying
their congregations to fight
for God.” °

The Pastors of Prayer
said they are now taking
the gospel to the cyber-
world with their new web-
site Www.pastorsin-
prayers.org.

“IT Know it was divine
intervention that brought
us all together,” said POP
president Bishop Brath-
waite.

“T truly believe that I was
inspired by God to bring
together a group of pastors
who wanted to live holy
and who firmly believed in
the uncompromising word
of God. I also believe that
it is no Coincidence that we
used technology to reach
out to each other, because
in this day and age under-
standing technology is the
key, especially as the world
is now seemingly so reliant
upon it.”

At present, Pastors of
Prayer is made up of Bish-
op Brathwaite of the Holy
Dove Baptist Church; Rev

LOCAL NEWS

‘Pastors of Prayer’
officially launch






PASTORS OF Prayer officially launched their organisation and w

S SS X



ebsite on Tuesday. Seated clergymen





are Pastor Joseph Thompson, Bishop lan Brathwaite and Pastor Arthur Charlton. Standing (I-r) are Pas-
tor Joseph Cox, Rev Roscoe Rolle, Rev Franklyn Lightbourne and Rev. Ricardo Turner.

- Joseph N Cox of El-Shad-

dai Ministries Internation-
al (Bahamas); Rev Arthur
Charlton of Mount Vernon
Baptist Church; Rev Ricar-
do Turner of the Engler-
ston’ Gospel Chapel; Bish-
op Chester Rolle of Oasis
of Love Ministries; Rev
Joseph Knowles of Mount
Theos Baptist-Church; Rev
Franklyn Lightbourne of
the Revival Faith Mission
Baptist Church; Rev

Roscoe Rolle of the Divine

from

Praise Baptist Church; Rev
Joseph Thompson of the
Bread of Life Baptist
Church; Apostle Bradley
Moxey of God’s Dwelling
Place, and Rev Dr Antho-
ny Brown of Present Day
World Outreach Ministries.
Combined, they have
amassed nearly 200

years in experience as pas-

tors.

. “Our vision is simply to
ptovide a non-denomina-
tional‘opportunity for pas-

very phase of her
her new release,



!
tors to pray together,
develop accountability, fel-
lowship, praise and wor-
ship for the service of
God,” said Bishop Brath-
waite.

“We are pastors helping
pastors, with hearts and
hands in ministry.

“By supporting, each oth-
er’s visions, missions, goals
and achievements, we are
all pursuing the same cause
of winning souls for the
Kingdom.”



THURSDAY, OCTOBER 16, 2008, PAGE 13



Catholic Archdiocese of Nassau is

oliserving Mission Awareness Week —

THE CATHOLIC Archdiocese of Nassau is observing the
faith’s Mission Awareness Week, which is also recognised by the
other dioceses around the world.

According to the archdiocese, October is the month when the
church reflects on its missionary nature.

The month culminates with World Mission Sunday when the
combined offerings from Catholics from around the world are
distributed to 1,069 mission dioceses around the world.

This year’s Mission Awareness Week’s theme is “Go and Tell”
and will include an array of missionary oriented workshops and
activities. ‘

“Our Archdiocese office of the Pontifical Mission Societies
will host a week of mission awareness activities in order to pro-
mote a spirit of mission, a spirit of prayer and sacrifice among all

: baptized Catholics,” the Archdiocese said.

Activities planned by the Pontifical Mission Societies include
Catholic school visitations, a mini-workshop for the New Provi-
dence Parish Council, a Mass for Catholic school children and a
mission workshop for CCD or religious education teachers. ©

The guest speaker for the week is Mission Education Coordi-
nator for the Diocese of Allentown, Pennsylvania, Maureen Heil.

On World Mission Sunday parishes throughout the archdio-
cese will celebrate in unison and a special collection will be taken
to support the church’s global missionary work.

“In this Jubilee year dedicated to Saint Paul, the apostle to the

nations, all Catholics are reminded of the urgency to proclaim

the Gospel to the ends of the world by word and example.
There can be no slackening or stagnation in the essential mis-
sion of the church to evangelise all people.” said the Archdio-
cese.
Mission Awareness Week began on October 13 and will run
until October 19. ;

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PAGE 14, THURSDAY, OCTOBER 16, 2008

Students from Lyford
_ Cay International
School head for Uganda



A GROUP of Lyford Cay
International School (LCIS)
grade 11 students yesterday
travelled to Kampala, Ugan-
da, where they will: take part
in an unique learning experi-
ence.

During their 10-day stay in
Uganda, the students will be
working with orphaned chil-
dren of war at the Tent Mak-
ers Academy.

Tent Makers Academy i isa
unique name for a unique
school. It is a volunteer-taught
facility of approximately 135
children in the slums of Kam-
pala, Uganda, an impover-
ished Banda community.

Many students are
HIV/AIDS orphans with lit-
tle food or clothing, and not
enough money for school sup-
plies.

“Thanks to a commitment
from British Airways, that will
enable the students to take
excess baggage, all the chil-
dren’s books and clothing that
have been collected from var-

- ious fundraising drives held at

LCIS will be delivered to the
Academy by the group of stu-
dents,” the LCIS said yester-
day.

Student Alexis Roberts said,
“Our main goals are to set up

Academy and to create a
book along with the students
about their life and their cul-
ture. This trip is the interna-
tional phase’ of a project we
had started in grade nine, and
I am so grateful for this
chance to be a part of such a
great project and cultural
immersion.”

The connection with the
Ugandan community and
LCIS has been three years in
the making. The project not
only enables the students to
learn valuable personal
lessons from the experience
of working with others less
fortunate, but it provides the

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a library at,the Tent Makers
students with work toward the
International Baccalaureate
CAS (Creativity, Action and
Sports), the LCIS said.

LCIS said that its students
are encouraged to develop an
awareness of humanitarian
and environmental issues, and
to hold an ethical position on
them from a local, national
and international perspective.

Students are expected to
exhibit attitudes and values
that respect human dignity
which transcend barriers of
race, religion, gender and pol-
itics, the school said.

Share
your
news

The Tribune wants to hear
from people who are
making news in their

‘} neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award,
If so, call us on 322-1986
and share your story.

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THURSDAY, OCTOBER 16, 2008, PAGE 15



INTERNATIONAL NEWS

m By QASSIM
ABDUL-ZAHRA
BAGHDAD

American troops could face
trial before Iraqi courts for
major crimes committed off
base and when not on mis-
sions, under a draft security
pact hammered out'in months
of tortuous negotiations, Iraqi,
officials familiar with the
accord said Wednesday,
according to the Associated
Press. ®

The draft also calls for U.S.
troops to leave Iraqi cities by
the end of June and withdraw
from the country entirely by
Dec. 31, 2011, unless the
Baghdad government asks
some of them to stay for train-
ing or security support, the
officials said.

It would also give the Iraqis
a greater role in U.S. military
operations and full control of
the Green Zone; the 3?-
square mile area of central
Baghdad that includes the
U.S. Embassy and major Iraqi
government offices.

One senior Iraqi official said
Baghdad may demand even
more concessions before the
draft is submitted to parlia-
ment for a final decision. The
two sides are working against
a deadline of year's end when
the U.N. mandate authorizing
the U.S.-led mission expires.

The Iraqi officials, familiar
with details of the draft, spoke
on condition of anonymity
because they were not sup-
posed to release the informa-
tion. In Washington, the State
Department confirmed that a
draft had been finalized but
refused to discuss any details.

"There is a text that people
are looking at," spokesman
Sean McCormack told
reporters. "Nothing is done
until everything is done.
Everything isn't done. The
Iraqis are still talking among
themselves. We are still talk-
ing to the Iraqis."

Prime Minister Nouri al-
Maliki briefed the country's
president and two vice presi-
dents about the draft late
Tuesday and will show the
proposed agreement to party
leaders by the end of the
week. His goal is to gauge
political support before refer-

ting-the draft to parliament,

aides said. :
Another aide’'said the Iraqis
would press for more conces-
sions if the parties rally behind
the government. He would not

elaborate. But other al-Maliki '

-aides had said U.S. officials

told the prime minister pri- '

vately that other parties were
ready to sign the deal and thate
he alone was holding out.

The aides spoke on condi-..

tion of anonymity because
they were not supposed to dis-
cuss strategy.

During-months of negotia-
tions, which began early this
year, the most difficult iss:1e








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limited Iraqi jurisdiction



ulti-National F

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Ali Abbas, Pool/AP Photo

an update on security operations in Iraq, during a news conference at the heavily fortified Green Zone area
in Baghdad, Wednesday, Oct. 15, 2008. :

proved to be the question of
who would try American sol-
diers and Pentagon contrac-
tors for offenses such as the
killing of Iraqi civilians.

US. negotiators demanded
exclusive jurisdiction over all
soldiers and contractors, pre-
sumably to protect them from
politically motivated charges.
But Iraq insisted on a role to
convince the public that Iraqis
— and not Americans — are
in charge of their country.

Under the compromise, the
U.S. would have the primary
right to try troops and Penta-
gon contractors for alleged
offenses committed on Amer-
ican bases or during military
operations, the officials said.

Such language would pre-
sumably shield troops from
prosecution for accidentally
killing civilians caught in the
crossfire during authorized
combat operations. '

But Iraq would have first
crack at trying U.S. military
personnel and contractors for
major, premeditated crimes

allegedly committed outside |

American bases and when

they are not on an authorized

mission, the officials said.
Most of the estimated

147,000 U.S. troops rarely

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authorized missions, so it is
unclear whether the change
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cases that could fall under °

Iraqi jurisdiction might include
the 2006 rape-slaying of a 14-
year-old girl and the killing of
her family by American sol-
diers in Mahmoudiya south of
Baghdad.

Four U.S. troops pleaded
guilty or were convicted in
military courts. A former sol-
dier, Steven Dale Green, is
expected to stand trial in the
United States in April. He
could face the death penalty.

A military official in Wash-
ington said top Pentagon lead-
ers were not entirely happy
with the legal immunity com-
promise. Officials have said
repeatedly, however, that the
administration "can live with"

‘ the proposed deal.

Other provisions of the
draft would give Iraqis A far
greater role in U.S. military
operations than at any time
during the nearly six-year war.

American troops would no
longer be allowed to detain
suspects or search homes with-

* out Iraqi lega! authorization

except in cases of active com-
bat, the officials said. Anyone
detained by the Americans
must be handed over to the
Iraqis within 24 hours.

All detainees currently held
by the U.S. must be released
or transferred to Iraqi control,
the officials said, although the
timetable for the moves was
subject to a joint review.

A joint U.S.-Iraqi commit-

tee will be established to coor-
dinate American military
operations, which must be car-
ried out in accordance with
Iraqi law and customs, the
officials said.

Al-Maliki is hoping for two-
thirds approval in the 275-
member parliament to ensure
he can fend off political chal-
lenges in provincial and
national elections and resist
pressure from neighboring
Iran.. A U.S. military
spokesman, Rear Adm.
Patrick Driscoll, alleged
Wednesday that Iranian
agents were trying to bribe
Iraqi politicians to oppose the
deal, although he said there

was no evidence any Iraqi law-
makers had accepted the
offer. Al-Maliki can count on
support from the main Kur-
dish parties but the positions
of major Sunni and Shiite
blocs is unclear, the aides
added.

Anti-U.S. cleric Muqtada al-
Sadr's followers, who control
30 parliament seats, oppose
the agreement. Sunni and oth-
er Shiite blocs appear’split.

Bush administration offi-
cials, speaking on condition of
anonymity, said Secretary of
State Condoleezza Rice and
other top Bush aides will soon
begin briefing key. members
of Congress on the draft.

They said the draft may






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m@ By VERONIKA OLEKSYN
VIENNA, Austria

It's no longer a man's world
in Austria's most sophisticated
stables, according ot the Asso-
ciated Press.

The country's prestigious

Spanish Riding School, for |

centuries a bastion of mas-
culinity, is modernizing: On
Wednesday, the 436-year-old
institution officially present-
ed its first female riders-in-
training.

The school, which was
founded in 1572 and is part of
Vienna's former imperial Hof-

burg Palace complex, is
known for elegant white Lip-
izzaner stallions.

Every year, throngs: of
tourists from around the world
watch as the horses, led by
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forms, gracefully perform

. exercises and jumps.

Allowing women to sit in
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_ tor, opening up the exclusive ~

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"What speaks against it?"
sGuertler told reporters.
"Today, ladies and gentlemen
both have to earn their keep
and prove themselves."

PAGE 16, THURSDAY, OCTOBER 16, 2008

After 436 years,

In the 18th century, ladies
of the Austrian royal court
regularly rode the Lipizzaner
horses but were not recruited
to be trainers.

Spanish Riding School
spokeswoman Barbara Som-
mersacher said Guertler, who
started managing the institu-
tion less than a year ago, per-
sonally pushed for the candi-
dacies of women to be taken
into consideration.

"For her, it just wasn't
acceptable," Sommersacher
said. "For Ms. Guertler, tra-
ditions are good as: long as
they're adapted to current
times."

Wednesday's announce-
ment was a bright spot in a
rough year for the school: In
January, officials warned that
the renowned establishment
was on the verge of bankrupt-
cy, and that a planned U.S.
tour had been canceled to
save on travel expenses.

The young women making

history are 21-year-old Han-_

nah Zeitlhofer, from the Aus-
trian capital, and Sojourner

‘Morrell, a 17-year-old British

national who grew up in
Saratoga Springs, New York.
The two were dressed in
identical riding gear with their
hair tucked into caps.
"I'm very happy — it's my

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SOJOURNER MORRELL, 17, from Britain and Hannah Zeitlhofer, 21 of Austria, from left, pose with a Lipizzaner horse, on

INTERNATIONAL NEWS

Austrian stables





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Wednesday, Oct. 15,

2008, at the Spanish Riding School in Vienna. They are the first two female riders-in-training at the Spanish Riding School which was once a bas-

tion of masculinity.

dream come true," Morrell
said.

Morrell, whose father is
British, said she has always
loved horses and wrote to the
school "out of the blue" after
taking a tour of the establish-
ment while on vacation in
Vienna with her mother when
she was 15.

Zeitlhofer, a broad smile on
her face, echoed Morrell's
enthusiasm.

"I'm still trying to believe
it," said Zeitlhofer, who
always wanted to become a
rider and recently got a degree
in equestrian science.

"People are totally nice and
we're not treated any differ-
ently ... I'm completely elat-
ed!" she said.

The competition for the
posts is fierce.

The school, which claims to
be the world's oldest, receives

PHONES:

"countless" applications from
around the world, Guertler
said.

The last time it accepted a
rider-in-training — known as
an "eleve" — was five years
ago.

To qualify for the intense
rider training program, which
can last up to 10 years, candi-
dates need to be at least 17
years old, have a passport
from a European Union coun-
try and speak fluent German.

Morrell said she learned
hers while on a student
exchange program in Han-
nover, Germany, several years
ago.

Certain physical attributes
— slender legs that appear
long in relation tothe upper
body — are a must, as are
determination: and stamina,
Guertler stressed.

The Lipizzaners long served



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as a symbol of Austria's past
glory during the Austro-Hun-

garian Empire, which
stretched across much of
Europe.

Austria's former ruling roy-
al family, the Habsburgs, went
to Spain centuries ago to buy
horses and founded a stud
farm in what is now Slovenia.
The school, privatized in 2001,



SOJOURNER MORRELL, 17, from Britain shows her skills on a Lip-
izzaner horse, Wednesday, Oci. 15, 2008, at the Spanish Riding

School in Vienna.

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also operates the Piber stud)
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Change usually raises new
issues. In this case —- perhaps”
not surprisingly — the schodk.
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THE TRIBUNE

THURSDAY, OCTOBER 16, 2008, PAGE 17



@ By SOPHENG CHEANG
PHNOM PENH, Cambodia

Escalating tensions between
Thailand and Cambodia over a
disputed border near a historic
temple erupted Wednesday in a
deadly gunbattle, prompting offi-
cials to quickly declare that they
would resolve the dispute through
talks, not bullets, according to the
Associated Press.

Two Cambodian troops were
killed, the first deaths in a 4-
month standoff that began when
UNESCO, the U.N. cultural
agency, approved Cambodia's bid
to'have Preah Vihear temple
named a World Heritage Site.
Thailand feared its claims over
nearby land would be under-
mined. In recent days, as the dis-
pute fueled nationalism in both
countries, officials appeared to
be preparing for a major con-
frontation. Cambodian Prime
Minister Hun Sen issued ‘an ulti-
matum to Thailand on Tuesday to



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pull back its soldiers from the dis-
puted territory, calling it "a life-
and-death battle zone." Thailand
moved reinforcements up to the
border area. Thailand also put jet
fighters on alert at bases nation-
wide and C-130 transport planes
on standby that could evacuate
Thais living in the border area,
Thai air force official Group
Capt: Montol Satchukorn said.

Thai army spokesman Col.
Sansern Kaewkumnerd said
Wednesday that Cambodian sol-
diers approached a Thai base,
refused to leave the area and fired
in the air.

"We believe they were meant
to be warning shots. The Thai
troops fired back in self defense,"
he said. The fighting Wednesday
afternoon lasted for about an
hour, with each side accusing the
other of firing the first shot.

In a protest handed to the
senior Cambodian diplomat in
Bangkok, Thailand's Foreign
Ministry said Thai soldiers were

Aird Gh} eg

Deadly fighting erupts at
Thai-Cambodian border

peacefully patrolling their own
territory along the border when
Cambodian soldiers shot at them
with rocket propelled grenades
and submachine guns. Cambodi-
a's Foreign Ministry accused Thai
troops of launching "heavy armed
attacks" at three different loca-
tions to push back Cambodians
from positions inside Cambodi-
an territory.

THAI SOLDIERS pre-
pare their artilleries at a
base near the Thai-
Cambodian border after
a clash between Thai
and Cambodian sol-
diers broke’ out
Wednesday, Oct. 15,
2008 in Sisaket
province, northeastern
Thailand. The clash
came a day after Cam-
bodia's prime minister
Hun Sen issued an ulti-
matum to Thailand to
pull back its soldiers
from disputed territory
near the 11th century
Preah Vihear temple.

t Pumpuang-The Nation

AP Photo/Chaiwa



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IAUROVAY, OU 1 UBER 10, Z2UuU0, FAUE 21



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China orders more testing
for liquid milk, powder

; INTERNATIONAL NEWS

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a CHINESE child is seen drinking milk from a bottle in Wuhan, central China’s Hubei province,
i 9 \Wednesday Oct. 1, 2008. Thirty-one samples of Chinese milk powder provided by 20 compa-
” \nies were found tainted with melamine after new testing, according to data seen Wednesday,



sf i
; Qct. 3, 2008, on the Web site.

| BEIJING

» <..-CHINA is ordering all liquid
d powdered milk manufac-
a Si ured before Sept. 14 to be tak-
en off the shelves for melamine
testing, a news report said Tues-
day, the first time Beijing has
issued a blanket recall of prod-
ucts since the tainted dairy scan-
ty ‘ 1 broke last month, accord-
“ihg to the Associated Press.
It is the latest in a series of
measures China has taken to
=| Bllay worries over the quality

‘of Chinese products and restore

. consumer confidence since four
4 babies died and tens of thou-

sands of children were sickened

_after drinking tainted milk.
-{.) Authorities have blamed
BS dary suppliers for the crisis, say-
aA ing they added the industrial
__<“chemical melamine to watered-
=, down milk to fool quality con-
~trol tests and make the product
appear rich in protein.
~Melamine can cause kidney
/Stones as the body tries to elim-
wee it and, in extreme cases,
ad to life-threatening kidney
failure.
comme iting a notice jointly
approved by six government
ministries and administrations,
' the official Xinhua News
-Agency said Tuesday that all
milk powder and liquid milk
.. produced before Sept. 14 must
be subject to testing nationwide
by manufacturers.
“Regardless of the brand or
the batch, they must be taken
_ off shelves, their sale must be
stopped,” Xinhua said.
- ‘The notice said the products
See will be sold again only after they
) \\\/pass quality tests and are
labeled as safe. The Xinhua
eereport did not give any other
details or say why the recall was
being implemented now.
"Only some types of milk pow-
der and milk have been recalled
in mainland China so far. On
Sept. 16, a recall list was issued
for 69 batches of milk powder
made by 22 companies. Anoth-
er recall list was released on
Sept. 19 for liquid milk.
_» It is also not clear why the cut
off date for the latest notice is
Sept. 14, but China launched a
countrywide inspection of dairy
producing facilities focusing on
milk collecting centers on Sept.
15.

According to the Xinhua
report, the government agen-
2 cies involved were the Health
/ | Ministry, the Commerce Min-
istry, the Ministry of Informa-
tion and Industry, the Admin-
istration for Industry and Com-
merce, the State Food and Drug
Administration and the Gener-
al Administration of Quality
Supervision, Inspection and
Quarantine, the country’s chief
quality watchdog.

Officials at the various min-








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place setting of Stemware

I

place setting consists of: 1 goblet; 1 wine; 1 flute
(excludes Lismore and all toasting flutes & net items)

Chinese authorities blame

dairy suppliers for crisis CS o Yy :

istries and administrations said _ el officials for negligence, and
AQSIQ had drafted the notice make repeated promises to Box po of SSN ele
and was the only one authorized _~ raise product safety standards.

to answer questions. Last week, the Health Min- as F V Lyn n Chase China ©
Telephones at the ‘agency _ istry issued guidelines limiting accessories

rang unanswered on Tuesday acceptable melamine levels in

and officials did not respond milk and food products. There

to a faxed request for infor- had been no previous stan- i promotion appli [oa :

mation. The notice was not dards for the amount of the 0 “ ae Jer cel Es ghey
les pis same or lesser value

posted on the AQSIOQ Web — chemical allowed.

site. Health officials said deliber- ty
The crisis — which has ate tainting is explicitly for- re OUSE,

spread overseas with Chinese _ bidden but acknowledged that Home

milk products pulled out of | small amounts of melamine 2 “ re a:

stores in dozens of countries can leach from the environ- nd box SY Cac Lw orev) ical Eas ete ttail

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PAGE 22, THURSDAY, OCTOBER 16, 2008

INTERNATIONAL NEWS |

ROBERT FELDMAN, a counselor at Switchboard
recorded more than 500 foreclosure-related calls this year. Across the country
increasingly violent, and they are urging people to get help.

Suicides from financial
crisis cause concern




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THE TRIBUNE





IN THIS photo released Oct.
7, 2008, by the California —
Department of Motor Vehi-
cles shows Karthik Rajaram.
The 45-year-old, a former
money manager, fatally shot
his wife, three sons and his

of Miami, talks to a call-in client about financial problems, July 3, 2008, in M

, authorities are becoming concerned that the nation’s financial woes could turn





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iami. The Switchboard of Miami has

B New York

AN OUT-OF-WORK mon-
ey manager in California loses
a fortune and wipes out his fam-
ily in a murder-suicide. A 90-
year-old Ohio widow shoots her-
self in the chest as authorities
arrive to evict her from the mod-
est house she called home for 38
years, according to the Associat-
ed Press. ;

In Massachusetts, a housewife
who had hidden her family’s
mounting financial crisis from
her husband sends a note to the
mortgage company warning: “By
the time you foreclose on my

. house, I'll be dead.”

Then Carlene Balderrama
shot herself to death, leaving an
insurance policy and a suicide
note on a table.

Across the country, authori-
ties are becoming concerned that
the nation’s financial woes could
turn increasingly violent, and

they are urging people to get:

help. In some places, mental-
health hot lines are jammed,
counseling services are in high
demand and domestic-violence
shelters are full.

“I’ve had a number of people
say that this is the thing most
reminiscent of 9/11 that’s hap-
pened here since then,” said the
Rey. Canon Ann Malonee, vicar
at Trinity Church in the heart of
New York’s financial district.
“It’s that sense of having the rug
pulled out from under them.”

With nowhere else to turn,
many people are calling suicide-
prevention hot lines. The Samar-
itans of New York have seen
calls rise more than 16 percent in
the past year, many of them
money-related. The Switchboard
of Miami has recorded more
than 500 foreclosure-related calls
this year.

“A lot of people are telling us
they are losing everything.
They’re losing their homes,
they're going into foreclosure,

a

Pat Carter/AP Photo

J

mother-in-law before killing
himself, Oct. 6, at their home
in the San Fernando Valley
neighborhood of Porter
Ranch in Los Angeles.

they’ve lost their jobs,” said Vir-
ginia Cervasio, executive direc-
tor of a suicide resource enter
in southwest Florida’s Lee
County.

But tragedies keep mounting:

— In Los Angeles last week, a
former money manager fatally
shot his wife, three sons and his
mother-in-law before killing
himself.

Karthik Rajaram, 45, left a sui-
cide note saying he was in finan-
cial trouble and contemplated
killing just himself. But he said
he decided to kill his entire fam-
ily because that was more hon-
orable, police said.

Rajaram once worked for a
major accounting firm and for
Sony Pictures, and he had been
part-owner of a financial holding
company. But he had been out
of work for several months,
police said.

After the murder-suicide,
police and mental-health offi-
cials in Los Angeles took the
unusual step of urging people to
seek help for themselves or
loved ones if they feel over-
whelmed by grim financial news.
They said they were specifically
afraid of the “copycat phenom-
enon.” \

“This is a perfect American
family behind me that has
absolutely been destroyed,
apparently because cf a man
who just got stuck in a rabbit
hole, if you will, of absolute
despair,” Deputy Police Chief
Michel Moore said. “It is critical
to step up and recognize we are
in some pretty troubled times.”

— In Tennessee, a woman
fatally shot herself last week as
sheriff's deputies went to evict
her from her foreclosed home.

Pamela Ross, 57, and her hus-
band were fighting foreclosure
on their home when sheriff's
deputies in Sevierville came to
serve an eviction notice. They
were across the street when they
heard a gunshot and found Ross
dead from a wound to the chest.

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THURSDAY EVENING

OCTOBER 16, 2008



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'NTV (:00) maven Rid-|Survivor: Gabon ‘This Camp is |The Office “Baby/SNL Thursday |News (N) — |News
| er (\ (CC) Cursed” (N) © (CC) _ {Shower’ Update (CC)

Joni and Behind the Michael Youssef |Bishop T.D. —_|This Is Your Day |Praisé the Lord (CC)
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oussef.

MLB Pregame |MLB Baseball American League Championship Series Game 5 -- Tampa Bay Rays at Boston Red Sox. If nec-
TBS (Live) (CC) essary. From Fenway Park in Boston. (Live) (CC)

~ | 0 (CC) (DV
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TOON ee ee IA (CO) land(N){(CC) land (OVS) land |
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| Coast’ 1 (CC) Back (N) Dumbest “Fans” (N)
:00) Toute une |Club social
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Maybrit Illner Thadeusz Journal: Tages- |Bundesliga Kick |Journal: In Euromaxx

thema Off Depth :

x & #4 CHICAGO (2002, Musical) Catherine Zeta-Jones, Renée Zellweger, Richard Gere. Keeping Up-Kar-

Rival entertainers vie for the spotlight from behind bars. lashians

College Football Florida State at North Carolina State. (Live) (CC) SportsCenter
(Live) (CC)

MLB Baseball American League Championship Series Game 5 -- Tampa Bay Rays at Boston Red Sox. If necessary. From Fen-

way Park in Boston. (Live) ’

Daily Mass: Our |Life on the Rock The Holy Rosary|Catholicism on Life Is Worth
Lady Campus Living




The Daily 10 (N)



Fla, (Subject to Blackout) (Live) ‘ {$core (Live)



(:00) Barrett-Jackson Automobile Auction From Las Vegas. (Live)

(:00) LAInk |Overhaulin’ “CNN Hummer Spe- |American Chopper “Aaron Bike” {LA Ink “Comic Relief’ Hannah tries
Help Wanted” cial’ The CNN Hummer. (CC) Tensions rise during, a build. (N} 0 |to transform the crew into comic
icc} _ (CC) book characters. (N) (CC)

(:00) Law & Or- |Law & Order Detectives probe the |Law & Order “In Vine Veritas” Po- |Law & Order “New York Minute”
der ‘The ne deaths of two students involved in a |lice pull over a drunken celebrity in |Detectives link a trucker to the
) |drug-testing program. bloodstained clothing. 1 smuggling of illegal aliens.







Une langue aux mille visages: le

Envoyé spécial
frangais au Canada















‘SHOW
TMC





TWC Abrams-Bettes |Weather: Evening Edition (CC) al roe changed History Weather: Evening Edition (CC)
icago fire in 1871.
ed Querida {Cuidado con el Angel Marichuy es |Fuego en la Sangre Hermanos _|La Rosa de Guadalupe ‘Ni con el
UNIV nemiga una joven criada en un hospicio, |buscan venganza. Petalo de Una Rosa” Una mujer
abusa fisicamente su marido.
a NCIS ‘My {House Entrepreneur Edward Vogler |Law & Order: Special Victims Unit/Law & Order: Special Victims Unit
USA ther Left Foot” |buys his way into becoming chair- “Closure” A victim of sexual assault |A victim helps detectives investigate
0 (CC) man of the hospital board. can't identify the suspect. arape suspect. (CC)
VH1 Rock of Love |The Pick Up Artist 1 Fabulous Life Of... ‘Nerdiest Glam God With Vivica A. Fox
Charm School Nerds” Bringing “geeky” back. ‘ — |"Don't Disrespect the Diva’ (N)
VS er Football |College Football BYU at Texas Christian. (Live)
' entra :
au 7th Heaven | x x THE FOURTH ANGEL (2001, Suspense) Jeremy Irons, Forest WGN News at Nine (N) (CC)
| WGN 0 (CC) Wolke, Chart uelne Aman seeks revenge on the terrorists who
| illed his family.
Family Guy |Smaliville ‘Committed’ A psychotic |Supernatural Dean and Sam inves-/CW11 News at Ten With Kaity
WPIX (CC) jeweler abducts Chloe and Jimmyd. inate when seer ii take |Tong, Jim Watkins (N) (CC)
| place at Oktoberfest. (N) 0
| Jeopardy! (N) Dr. Phil 4 (CC) WBZ News (N) |That’70s Show |Frasier Martin's |Frasier Frasier
| WSBK cc} Hyde plans to fire favorite bar's due |wants to be an
Leo. (CC) to close. 1 art critic. (CC)
PREMIUM CHANNELS
Pe x WE |True Blood “Escape From Dragon |True Blood “Sparks Fly Out” Bill | True Blood “Cold Ground” Jason
H BO-E RE MAR- House” Jason is taken into police wins over Adele's church group. ( |wrestles with withdrawal symptoms.
SHALL (2006) —|custody again. (CC) N (CC)
(it) ak + ATONEMENT (2007, Drama) James McAvoy, Keira ne The Life & Little Britain
HBO-P [LUCKY YoU —_|Romola Garai. A girl accuses her older sister's lover of a crime. (\ ‘A’ {Times of Tim — |USA Counseling
(2007) ‘PG-13' |(CC) Tim's bus seat. session. (CC)
. ae % THE SEEKER: THE a + % WE ARE MARSHALL (2006, Prat Matthew aes Matthew Fox, lan
HBO-W _ DARKS RISING (2007, Fantasy) |McShane. A new coach struggles to rebuild a college football team. /\ ‘PG’ (CC)
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eo hk OF- co % | AM LEGEND (2007, Science Fiction) Will Smith, Alice Bra- | x & % TALK TO ME (2007) Don
MAX-E tg) () i. rival Bloodthirsty plague victims surround a lone survivor. ( |Cheadle. rae Te eee be-
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:15) % % THE CABLE GUY (1996, Comedy) Jim | x» GEORGIA RULE (2007, Drama) Jane Fonda, Lindsay Lohan, Felicity
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cian invades an architect's life. O ‘PG-13' (

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a % PREMONITION (2007, | * * x ZOMBIE HONEYMOON (2004, Horror) Tracy |Comics Without |Comics Without
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ter a zombie attack. ‘NR’ (CC) Worsham. (N) — |Worsham. (CC)









uspense) Sandra Bullock, Julian
McMahon. iTV. 0 'PG-13' (CC)
4 MISSION: IMPOSSIBLE III (2006, Action) Tom Cruise, Philip Sey- i * & % CASINO ROYALE
mour Hoffman, Vin wa Ethan Hunt faces the toughest villain |(2006, Action) Daniel Craig, Eva

BACK TO
BACK: YAKUZA
2 of his career. ( 'PG-13' (CC reen. 1 'PG-13' (CC)





THURSDAY, OCTOBER 16, 2008, PAGE 28

Snheh +

Lor Charlie the 2
Bahamian Puppet and ley
his sidekick Derek put az

some smiles on your

kids’s faces.



Bring your children to the

McHappy tlour at McDonald's in

Malborough Street every Thursday

from 3:30pm to 4:30pm during the
month of October 2008,

Enjoy Great Food, Prizes and Lots of Fun

i'm lovin’ it



CTL Dee) aE S LOL

C33
”

Movie Gift Certificates}
make great gifts i



PAGE,24, THURSDAY, OCTOBER 16, 2008



COMIC PAGE —

THE TRIBUNE



Tribune Comics

JUDGE PARKER



BEFORE
DIXIE LEAVES,
SHE GIVES
DETECTIVE
ROBERTS A
CARP WITH

AN ADPRESS
‘ OW IT y



















NE IN THE STUDIO, LU ANN IS HALEY RIGHT-J OR DID
JONES 66 DID IT ASK TOO ALAN

HOW COULD & MUCH OF HIM? ) ASK TOO



BLONDIE






LET'S TRY THIS, IT'S SUPPOSED |

“UH, |
—{ TO BE A MIRACLE = fl
iS

/ YEAH...
fT CAN'T





iS THAT A MUSTARD
STAIN ON YOUR JACKET,
PN

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8, Inc. World Rights reverved

res Syndicat










I'VE WRITTEN HIS
INFORMATION ON THE
BACK OF THE CARD!














I LOVE ALAN LITTLE OF |2]!T DOESN'T MATTER NOW.
AND NOT HIMSELF 2 THERES NOTHING LEFT
a REALIZ E \ : Ve “> HERE FOR ME.|
a WAS Z : Qn
Bo. olCKe | e “)

North Amenca Syndicate, Inc. World rights reserved.



MAYBE WE SHOULD HAVE TESTED
ue ON SOMETHING ELSE FIRST jj

@P










Ab







© 2008 by King Featur














CALVIN & HOBBES

WHAT'S THE
MATTER, CALVIN?





Difficulty Level *

Puzzie







Sudoku Puzzle

THATS THE “ally THANKS! CAN THANK YOU,

ADDRESS OF WHERE yp YOU TELL US MS. JULEP...
I WILL BE STAYING EX WHERE WE MIGHT YOU'VE BEEN A ; : ead se AN

IN SCOTTSDALE! {fal FIND MR. QUGGANZ GREAT HELP! 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
Sunday ,





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

10/13

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





MA RVI N . 2 may be used in the same block more than once. The difficulty
aor e level of the Conceptis Kakuro increases from Monday to Sunday.
TI PLAYING HARDLY. IM | | ONLY MINE WHAT ARE i

| GAMES CREATING A IS SPECIFICALLY YOU GOING T0 S

| ON THE WEB SEARCH | | DESIGNED FOR g : :

| COMPUTER,’ ENGINE LIKE 5 BABIES 3 Saturday's Saturday's
ees ie GOOGLE” ee 2 Sudoku Answer Kakuro Answer .
Po ° =



www kingleatures.com



THIS EXPLAINS
THE PROPER CAKE
FOR BOOKS



HAGAR THE HORRIBLE
GRANDPA WANTS YOU To BRING ew (

BACK AN EXOTIC BOTTLE OF
FRENCH AETER “BHA VE foFON,,





©2008 py King Features Syndicate, Inc. World rights reserves





Yesterday’s Cryptic Solution





Yesterday’s Easy Solution 16












I THINK LL

(©2000 by King Features Syrcicate, Ine. Workd nghts reserves

PLUS AN EXOTIC FEMALE FRENCH

BARBER To GHAVE HIM




ee

Hy








TEAR Ovr THAT |



i









Difficulty Level +

Istvan Bilek v tvan Farago,
Hungarian championship 1973.
Bilek was a quiet, inoffensive
grandmaster content to be his
country’s No 4 behind three elite
rivals. Two scandals shattered his
composure. First, he was the victim
of an infamous cheating scam at
Sousse 1967 when Yugoslavia's
Milan Matulovic blundered a
bishop, then retracted the move
with the excuse "Ich spreche
jadoube" (I say | adjust). The
arbiters ignored Bilek's protest and
the Hungarian’s results nosedived,
but for ever after his opponent was
referred to as "!'adoubovic”. Earlier,
Bilek's marriage broke up when
his wife was seduced by the higher
ranking Viktor Korchnoi during a
1965 tournament. For once, the
mild-mannered Bilek’s anger was



aroused and he crushed the then
Soviet in their individual game.
Today's position looks headed for a
peaceful draw, 2 normal result for
Bilek against his peers, but suddenly
White (to play) unleashed a decisive
tactic. Can you spot White's winning
move?

Chess: 8696: 1 Bxeb! Rxdt (if Q of fxeb 2 Rxd8+ wins
an material) 2 Q38+1 Kh? 3 Bxt? (threat 4 Qg8 mate}
hS 4 Qg8+ Kho § Gh8 nate.





©2008 Conceptis Puzzles,

NM) OO, WwW +|N Oc

Chess

LEONARD BARDEN



HOW many words of
four letters er more can
you make from tt
letters shown
}














| Call 0906 751 3018 for












OoVOEZnNMODWOA




21 Charges, 23 Irate, 25 Totem, 26
Bear.

Learn, 15 Raiding, 17 Retouch, 19 Pig
iron, 21 Cushion, 22 Twist, 24
Exacting, 27 On a string, 28 Trace, 29
Suet, 30 Dressmaker.

13 Farce, 15 Erosion, 17 Traffic, 19
Arsenic, 21 Tremble, 22 Tenor, 24
Domestic, 27 Essential, 28 Usage,
29 Toys, 30 Heartbreak.

Down: 1 Deck, 2 Strenuous, 3

Fabricate, 20 Codeine, 21 Tumbler,
23 Nasty, 25 Squib, 26 Teak.

Unequivocal (5)
Country of southern
Atrica (8)

15

19

Forbearance when
provoked (8)
As one chooses (2,4)



Capodanno of the THalian team. who
brought ina doubled game contract
that virtually everyone
a panel of experts
would not be made.

including
Was certian

hand worth an opening. bid. When
North doubled) West's) pre-emptive
two-heart bid, Capodanno showed

Suppress (6) 13 For what reason (3) This deal occurred ina match ing cards were the A-S-4 of hearts

Across: 1 Safety rail, 6 Snub, 10 Across: 1 Disclosure, 6 Calf, 10 17 Prime (6) 14 Programme of les- ee ee Ge ae a oa ol ia, — ee hegre tas
. . ran : : : | 6 ( Ne Ss team cham ie Je 2) OE NEATTS & ‘ : SO
Denim, 11 Matriarch, 12 Aspiring, 13 Carat, 11 Outnumber, 12 Inveigle, 18 Scottish river (3) sons (8) pionship. The heroine was Luciana West still held the K-Q-9 of hearts,

and had been forced to discard all but
one of her clubs

Capodanuo now put the frosting
on the cake by leading a club to the
ace followed by the jack of hearts,

| : | CRYPTIC PUZZLE | \ today’s Target solution
| prir { i ee
| Pee TODAY'S TARGET | aatewerecoree duty |
| Across Down Good tL vereood
| R 1 Cut and run (5) 2 Final victor (8)
| j 8 Boys must be prepared to 3 Call for a rise (8) ‘
observe it (5,3) - 4 In difficulty I

B 9 Save a ship and rescue drop a note (6) Contract Bridge :
| U about fifty (5) 5 Be quiet going by Steve Becker
{ | N i 10 Agitated cowhands in to purchase :

CI

| demonstrating how they something like a
| E want to be paid (4,4) shrub? (5) Famous Hand
| | 11 Health resort in the country 6 Boat causes water to rise
| (5) (5) North dealer. her true colors by bidding two
' | T ; 12 Ben sent back a bill (3) 7 Pigs from a southern port North-South vulnerable. spades, Which was taised to four by
| WwW 16 A wool-gatherer perhaps perhaps (5) NORTH North and doubled by East.

; @K 104 Capodanno won the opening dia-
| (6) 12 Born in France (3) ¥I1032 mound lead with the queen, cashed the
| |: O 17 Aking, badly hurt in leg- 13 Sheepish #82 ace and rattled a diamond with the

: end (6) expression (3) RAQTO four of spades as West discarded a

= . . WEST EAST heart. The king of spades was taken

18 pellenton Greece needs 14 Having for sale an item a6 &AQT? by East, who exited with a trump to
some interpretation (3) sold in pairs (8) ¥KQY9TOS v dummy’s ten. Sinee South appar-

23 Climb with knott e tli r j Across. Down 107 @KI6S43 ently still had to lose a club and two

N ed laces 15 Hustling around in Ww $9853 wR I : , i

(5) the daytime (8) = 1 Form (5) 2 Mirth (8) ee PO. ONIN, See gems

ae , 24 They take steps to protest, 19 Bird disease affecting NS 8 Position of eminence 3 Take no chances @OI8S3 However declarer aan made the

| O |: perhaps (8) ; humans (6) 5 (8) (4,4) . es key play of Ieading a low aed a
; : sass . AQ dummy, taken by Fast’s jack. bast:

| N 25 There's relief when it is 20 A nes accent on the Qa. 9 Cold and unsheltered 4 Out-of-the-way (6) #102 returned a diamond, ruffed by South,
unsuccessful (5) tennis court? (5) > (5) 5 Obverse of coin (5) The bidding: Who discarded a club from dummy.

E 26 Don't allow to come out (8) | 21 Stays on stage (5) ” 10 Deceive (8) 6 Sedate (5) Ne a ae West Declarer then 7 He s two

a : : ass We ly r sMaining trumps, discarc ing a Yeart

27 An entrance of ornamental 22 Footwear about right for << 11 Skirmish (5) 7 Accidental success Dble Pass 6 Pas ind thw queen of clubs from dummy,

stone (5) the beach (5) Lu 5 41% Dble Nine tricks had been played to

12 Wood used for bows (5) Cicnine leaded tdi , + Capod head
pening teac en Ob diamonds, this poral, anc apodanno had v on
| (3) 12 Nevertheless (3) seven of them. South’s four remain-
Down: 1 Side, 2 Finishing, 3 Tempi, 4 25 Ah k 20 Sky blue (5

Ramming, 5 Integer, 7 Norma, 8 Lathe, 4 Shotgun, 5 Retreat, 7 a Ga NOOR) Be : (5) South’s initial double was in ducked to West. West won with the

Behindhand, 9 Violates, 14 Propitious, | Amber, 8 Far-fetched, 9 Suffrage, 14 26 Of late (8) 21 Distinctive flavour (5) keeping with the Halian style ofmak- queen but had to tead a heart from

16 Irritate, 18 Union Jack, 20 Needier, | Department, 16 Ignorant, 18 27 At oblique angle (5) 22 Dim (5) IE UIREO ME MOU Ane wallyatlmost any «tie Ese atl Owns at dott a

ama Ver GoOublec

last two. tricks
same with the ten and ace of

hearts

Tomorrow: Necessity: the mother of invention

‘OOS King Peatures Sy adic

ile En



THE TRIBUNE



CARDINAL 377

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THURSDAY, OCTOBER 16, 2008 25












ASSORTED
)/ COLOURS THROW




ISLAND QUEEN 3
WHOLE KERNAL \
15 oz

CORN. ¥
$1.09

FAMILY TIME 4
16 0z

$
t
x

.*)



everyd
ly 7am- 8pm. Sun: 7 am - Noon all stores, except Lucaya open until 2 ppm and Harbour Bay jow prices
ay differ from the photos shown. Some product availability may differ for Grand Bahama AAR OSETEY WT TONER AO

AINOOMBDBNASER



PAGE 26, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE

INTERNATIONAL NEWS



RESIDENTS |
flee their hill-
side homes
during a fast
moving, wind
driven brush |
fire in the Syl- |
mar area of
the San Fer-
nando Valley
in Los Ange-
les, Monday,
Oct. 13,
2008.

That’s what | used to think, until | heard that Scotiabank could design a saving plan just for me.
If Scotiabank can help me find a way to save, they can do it for you too.

- Stick to your savings plan and you could receive a bonus interest reward’. Talk tor us today
about building a savings plan just for you.

Visit www.bahamas.scotiabank.com/itspossible

Saving. It’s possible.

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| Cccseaes a calcd le



“as smoke = and



California battered
by wind-whipped



Fires making way
to the west coast

m LOS ANGELES

POWERFUL WINDS
stoked three major wildfires on
Tuesday morning after destrey-
ing dozens of homes, forcing
thousands to flee and killing two
people, according to the Asso-
ciated Press.

The fires have charred seuniy
15 square miles in suburban Los
Angeles and northern San
Diego County in three days,
with the fiercest blazes burning
in the San Fernando Valley.

More than 2,000 firefighters
and a fleet of water- and retar-
dant-dropping aircraft battled a
5,000 acre fire in canyons on the
west end of the valley and
another 5,300-acre fire at the
northeast end. Both were burn-
ing brightly Tuesday morning,
sending flames skyward.

Santa Ana winds were gusting
at 50 mph in parts of the valley
Tuesday morning, county fire
officials said.

Another 3,000 acres were
scorched by Tuesday morning
in Camp Pendleton, forcing the
evacuation of more than 1,400
homes at the huge San Diego
County Marine base and in
nearby Oceanside, according to
the base’s Web site. The fast-
growing blaze had yet to burn
any structures on the base.

Firefighters had little to no
containment of any of the fires

-early Tuesday.
“The fire wants to make its

way to the coast, and we’re
going to do our level best to stop
it,” said Los Angeles Fire
Department spokesman Brian
Humphrey. “Two-thirds of our
department is on the line.”

The California Highway
Patrol expected snarled traffic
Tuesday morning. In San
Bernardino, Interstate 215 was
closed in both directions as fire-
fighters dealt with separate fires
in the area.

The 118 Ronald Reagan Free-
way was closed again Tuesday
flames
approached the roadway.

The freeway was the scene of
a fatal wreck Monday when a
tow truck rear-ended a car and
killed the driver. California
Highway Patrol Officer Leland
Tang said traffic stalled because
firefighters were going by as fire

neared the route.

A second fatality was discov-
ered Monday in the rugged
canyonlands below the moun-
tainous Angeles National For-
est. The victim was a man who
appeared to be a transient living

‘with a dog in a makeshift shel-

ter, officials said. Mayor Antho-
ny Villaraigosa said it would,
take some time to identify the
victim.

Authorities confirmed more
than three dozen mobile homes
burned in the west end of the
valley and 19 structures — some
of them homes — were
destroyed at the northeast end.
Commercial sites burned in both
fires.

Fire officials alerted other
communities to the west in the
Ventura County city of Simi
Valley and south to Malibu, 20
miles away, as an ominous
plume streamed over neighbor-
hoods and far out to sea.

A fire broke out near the
U.S.-Mexico border in San
Diego County Tuesday morn-
ing and forced the evacuation
of about 300 homes in the town
of Campo, said Sheriff's Lt.
Anthony Ray. It had burned
about 150 acres on both side of
Highway 94 but no structures
have been burned and no one,
has been injured, Ray said.

Gov. Arnold Schwarzenegger
declared a state of emergency
in Los Angeles and Ventura
counties and urged residents to
be prepared for anything.

“Winds are causing fire con-
ditions to change by the hour,
which is why it is so important
that residents in the areas sur-
rounding these wildfires heed
warnings from public safety offi-
cials to evacuate, * Schwarzeneg>
ger said.

Residents were not allowed
to drive into one of Porter
Ranch’s gated communities, so
they parked their cars, ran to

. their homes and carried out

whatever they could carry in pil-
low cases, in their arms, sacks
and suitcases. Some ran, out
clutching paintings. “

In nearby Twin Lakes, a
neighborhood of narrow streets
perched above the 118 Freeway,
the fire raced through the com-
munity of about 95 homes.
destroying at least four.



AP Photos

VINNIE MAKUNYAN holds a cloth to his face againstheavy |
smoke while Los Angeles firefighters keep watch on flames
near homes in Los Angeles’ Granada Hills area as efforts to

control wildfires in Southern California continue Tuesday, Oct. |

14, 2008.





THURSDAY,

OCTOBER

ea





Money Safe.
Money Fast.

MoneyGram.

faternational Money Transfer

|? Bank of The fafa

(INTERNATIONAL

, Offshore bank revenues
may take ‘10-15%’ drop

Financial sector to suffer hit from stock market crash impact on
client portfolios, as fees linked to assets under management

@ By NEIL HARTNELL
Tribune Business Editor



ahamas-based

private banking

institutions could

see a “reduction

in fee revenues”

of at least 10-15 per cent this
year as a result of the global
stock market meltdown, senior
financial executives told Tri-
bune Business yesterday, as
client asset portfolios suffer a
substantial reduction in value.
Michael Anderson, RoyalFi-
delity Merchant Bank & Trust’s
president, explained that the

stock market crash was likely
to directly impact the earnings
of Bahamas-based financial
institutions because fees in the
so-called ‘offshore’ sector were
tied to the value of client assets
under administration/manage-
ment.

Many of these clients will
have suffered substantial loss-
es as a result of the global stock
market meltdown, because a

Seller build-up creates
BISX ‘buyers market’

@ By NEIL HARTNELL
Tribune Business Editor

A “buyers market” has devel-
oped on the Bahamas Interna-
tional Securities Exchange
(BISX) as selling pressure
among public stocks has steadi-
ly built up throughout 2008,
with analysts telling Tribune
Business. yesterday that there
were “good buying opportuni-
ties” ahead for investors to pick

“up undervalued stocks during
the first six-nine months of 2009.
_ Michael Anderson, RoyalFi-
delity Merchant Bank & Trust’s

president, said: “For the last six
months or so, there has been a

- build-up of sellers in the sec-

ond and third tier stocks of the
market.”

He explained that the lead-
ing stocks were supported by

major institutional investors,’

such as pension funds and insur-
ance companies, plus high-net
worth individuals who took a
much longer-term view of their
investments, compared to indi-

vidual retail investors.

Institutional investors based

SEE page 16B

EPA to ‘increase’

bureaucracy level

@ By NEIL HARTNELL
Tribune Business Editor

SIGNING the Economic
Partnership Agreement (EPA)
will “increase” the bureaucra-
cy and red tape facing Bahami-
an businesses, a leading attor-

ney told Tribune Business yes-

terday, warning that it was
“unwise” for this nation to join
without seemingly knowing the
full implementation costs it will
incur.

Brian Moree, senior partner
at McKinney, Bancroft &
Hughes, urged that when it
came time for Parliament to
vote on laws giving effect to the
EPA trade agreement and this
country’s obligations, the
Bahamian people “should

demand” that each MP and





* ‘Unwise’ to sign without
knowing full
implementation costs

* Bahamian people urged
to ask MPs why they
support EU trade deal .

Senator explain why they voted
the way they did. :

Arguing that there were like-
ly to be “very few, if any signif-
icant” benefits accruing to the
Bahamian economy as a result
of signing yesterday’s trade
agreement with the European
Union (EU), Mr Moree said it
appeared that the Bahamas was
agreeing to a deal without
knowing the full costs.

“I think there are going to be
considerable costs attached to
the implementation of this
[agreement],” Mr Moree told
Tribune Business. “I have not
read or seen any estimates.

“I don’t know whether a full
and complete study has been
done, but if it has, it has not
been shared with the Bahamian
people. So we are signing up to
an agreement where there has
not been a full costing, and that
seems to be unwise and not in
keeping with the Government’s
transparency” pledges during
the 2007 general election.

Zhivargo Laing, minister of
state for finance, previously told
Tribune Business that both the
Government and the CARI-
COM Secretariat had devel-
oped separate frameworks that
would guide this nation and oth-
er CARIFORUM states on the

SEE page 8B

significant percentage of their
assets will have been invested
in equities.

For example, year-to-date,
the Dow Jones Industrial Aver-
age in the US is down some 33
per cent, while the FTSE 100
Index in London is off by
almost 47 per cent from its New
Year starting point.

Mr Anderson said that with
some clients having experienced

a drastic drop in asset values,
“the earnings of private banks
down here are going to be
impacted, because ‘fees are
based on that”.

He acknowledged, though,
that it was hard to predict just
how much Bahamas-based pri-
vate banks, trust companies and
other institutions in the inter-
national financial services indus-
try would be impacted, as much

depended on fee structures and
the percentage of their total rev-
enues that was derived from
asset-linked, fee-based income.

Yet with global stock mar-
kets having generally suffered

declines of between 30-40 per.

cent, Mr Anderson said: “The
fee income is going to be direct-
ly linked to that. I wouldn’t be

_ SEE page 6B

Stay on Hayward Port stake lifted

@ By NEIL HARTNELL
Tribune Business Editor

THE Supreme Court has lift-
ed the stay that previously pre-
vented the Hayward family
trust from dealing in its shares
in the Grand Bahama Port
Authority (GBPA) and Port
Group Ltd’s immediate hold-
ing company, Tribune Business
can reveal.

Justice K. Neville Adderley
lifted the stay previously
imposed on Seashells Invest-
ments, the investment vehicle
awned_ by, the Hayward family
trust, and which holds 50 per
cent of the shares in Interconti-
nental Diversified Corporation
(IDC), the GBPA holding com-
















pany.
* It is understood that the judge
has yet to provide written rea-
sons for his decision, which was
authorised some time last week,
as he removed the stay on a pre-
vious discharge order imposed
by Justice Anita Allen.

The removal of the stay now

means there is no restriction or *..
prohibition to prevent Seashells:
Investments, and the trustees .

of the. Hayward family. trust,
from dealing in their share-
holdings.

The Supreme Court decision,

summate the previously agreed
$100 million deal to sell its 50
per cent IDC holding - and by
extension 50 per cent of the
GBPA/Port Group Ltd shares -
to British banker Roddie Flem-
ing. s

It is understood, though, that
no sale has been closed yet.
‘Ifit was, Mr Fleming and

‘Geoffrey Richards, who both

resigned earlier this year from
their posts as deputy chairman
and chairman, respectively, of
the former’s Fleming Family &
Partners merchant bank/private

although it gaye. po. explicitaulss: seguity house, would become 50

ing on this aspect, is likely to,
be interpreted by many as clear-
ing the way for Seashells Invest-
ments, if it so wishes, to con-

rl Na ee aii

With a Bank of The Bahamas International

Cola Ceere a

per cent shareholders in the
GBPA with the late Edward St

SEE page 4B

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Minister atimits
‘disappointment’
on Act ‘hold-up’

@ By NEIL HARTNELL
Tribune Busir »ss Editor |

THE ministe1
of state for
finance yesterday
told Tribune
Business he was
“a little disap-
pointed” that
implementation
of the Domestic
Insurance Act
had been delayed
by further work
on its regulations ut said the
Government was :rying to do
the right thing”.

“I’m a little disa >ointed that
we had a hold-up on that,”
Zhivargo Laing said, when
asked by this newspaper about

‘the status of the Domestic
Insurance Act and its accom-
panying regulations.

“Essentially, what happened
was that when the regulations
were approved by the industry,
they were approved in seven or
eight parts,” he explained.

“In examining the parts, it
was the view of.the drafters of
the legislation that to give it
greater harmony and cohesion
there had to be some tidying
up, which caused some back
and forth on that.”

Mr Laing said he was unable
to give a date for when the Act
would come into force, or when
the regulations would be tabled
in Parliament, adding that he
would “have to leave that deter-
mination to a body bigger than
myself”, namely the Cabinet.

“There has to be agreement

SEE page 9B


























net

1-28-3040



PAGE 2B, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE

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THE TRIBUNE



Wireless card payment
‘0 aid ‘mobile business’

w By ALEX MISSICK

TRIPOINT Communications
and its partner, Comstar Inter-
active, yesterday said they were
targeting restaurants ‘and mobile
businesses such as taxi and limo
drivers with their newly-
launched wireless payment sys-
tem for credit and debit card
payments.

The Verifone Vx610 and
Vx670 wireless terminals are
systems that provide wireless
payment solutions on a GSM
platform for customers and
merchants all over the world.

Tripoint’s target markets in
the Bahamas will be limo and
taxi drivers, straw market ven-
dors, restaurants and mobile
businesses. Its two wireless ter-
minal models are available as
of today, and have been tested
via the Bahamas Telecommu-
nications Company’s (BTC)
GPRS infrastructure. They have
experienced, in many instances,
a three to five-second approval
when transactions were con-
ducted.

The terminals were tested








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Christopher Brown, Tripoint
Communications’ president,
said his company was convinced
its wireless solution provides a
way to reach an untapped seg-
ment of the card processing
market.

“We are seeking to make

available the wireless terminal,

which is in fact mobile, and

gives persons like the cab dri-
vers, straw market vendors and

‘those who have businesses on

the street the ability to now eas-
ily provide payment options for
those persons who want to pay
via credit card or debit card,”
Mr Brown said.

He explained that this new
service was not just limited to
the wireless terminals. There
were a number of devices that
can be used via a cell phone,
such as the wide range of Black-
berry devices, Windows Mobile
5.0 compatible devices such as
the Palm, and the personal com-
puter.

“Gone are the days when a

person just has to have a termi-

nal to make a transaction. This

provides more options for pay-
‘ment solutions, as this is a win-
win situation for both the banks .

and the merchants,” Mr Brown
said.

When it came to the benefits
of this new service, Mr Brown
indicated that they range from
ease of processing transactions
to security. for both the cus-
tomer and merchant.

“What I have observed with
what is in place now, in terms of
transactions being processed,
for example the straw vendors,
many of them have to walk the
tourist to an ATM or walk the
tourist to a business place that
has a credit card machine in it,
where they may have made
arrangements with that business
to have their transactions made
there,” Mr Brown added.

“What happens is that they
stand to lose potential sales
because they have to leave their
station, With the wireless ter-
minal, they can make the pay-
ment themselves, being right
there and not having to lose any
business as a result of moving
away.”

As for the cab drivers, Mr
Brown indicated they would
normally have to call in some-
where and have persons pub-
licly and manually enter the
credit or debit card number.
However, there were risks
involved with that process. The
wireless terminalalso reduces
lost payments because of the
lack of security and privacy.

The terminal cost can range
from $300 to $600, depending
on the needs of the merchant.
There is a $250 refund if a mer-
chuni decides to cease the ser-
vice, and a $50 per month
charge for rental of the termi-
nal, which includes a SIM card.

“We wanted to make the ter-

“wninak affordable enough for
iAérehhnis avd those that are

mobile” Mr Brown said.

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THURSDAY, OCTOBER 16, 2008, PAGE 3B

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Stay on





ayward
stake

lifted

FROM page 1B

Géorge’s estate.
The estate has repeatedly said

INSIGHT

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behind the news,
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it does not want to do business
with Mr Fleming, so it would
be interesting to see how the
two sides get along as partners.

Mr Fleming and Mr Richards
resigned from Fleming Family
& Partners to pursue their inter-
est in acquiring the GBPA and.
Port Group Ltd, the pair want-
ing to obtain 100 per cent con-
trol. However, Prime Minister
Hubert Ingraham said earlier
this year that the Government
was not prepared to allow Mr
Fleming to become 100 per cent
owner of the two entities.

Yet Mr Fleming’s business
plan for Freeport - and by
extension Grand Bahama - is
based on him securing 100 per













\

_

~

J

y)

cent control. In a carefully-craft-
ed 90-page strategy document
released earlier this year, Mr
Fieming said he and his busi-
ness partners were prepared to
invest $1 billion of their own
equity in acquiring control and
financing an initial slate of
investments to get Freeport’s
economy moving.

They believe this could act as
the catalyst to attract as-much as
$25 billion in further foreign
direct investment into Freeport
between the time of their acqui-
sition and 2020: ‘

Among the industries being |
targeted is the creation of
Freeport’s own international
financial centre, modelled along
the lines of those in Dubai and
Singapore, and focused on
international commerce-and
major capital markets transac-
tions.

Other developments being
eyed by Mr Fleming include a

$1-$3 billion oil refinery, plus a

new cruise ship harbour and ter-
minal, new non-US interna-
tional terminal at Grand
Bahama International Airport
and a business management and
skills training academy.

Also or Mr Fleming’s agenda —
is a $1 billion liquefied natural
gas (LNG) terminal and leading -
entertainment centre.

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THE TRIBUNE



expensive ever’ |

A REALTOR has branded
two Paradise Island lots that
sold recently for $21 million as
“the most expensive per square
foot” pieces of real estate ever
sold in the Bahamas. °

Luxury market specialist
Mario Carey said the sale
showed that the peak end of the
Bahamian real estate market,
which is dominated by foreign
buyers, had yet to be impacted
by a combination of the stock
market meltdown, global eco-
nomic downturn and credit
crunch. ‘

“They're the most expensive,
per square foot, residential sin-
gle family lots ever sold in the
Bahamas as far as I know,” said
Mr Carey.

“While this particular buyer
was not American, and the sale
was completed before the
events of the past few weeks,
what we’ve been seeing recent-
ly despite the financial markets
fall-out is a continuation of the
expectation that the Bahamas
prime property market is, at
least for now, in a class of its
own.”

Mr Carey opened his own
firm, Mario Carey Realty. on
East Bay Street in May. He
added: “Listings are coming in
higher than last year. Those
who are interested are not casu-
al buyers, but serious, and
there’s been no sign of interest
in quick sales or escapes from
the market, just the reverse.

“I’ve been in real estate in
Florida and the Bahamas for
more than 25 years, but with
this company being so new, and
to already have a half billion
dollars in listings and have
appraised more than $125 mil-
lion in property in such a short
time is amazing.

“T’m not sure how much is us
and how much is the market but

I can say one thing for sure, if’

the Bahamian market weren’t
so strong, we would not be in
the position we are in today in
this office.”

Last year, Mr Carey handled
the sale of the then-most expen-
sive penthouse at The Reef, the
22-storey condo hotel on Par-

NN EVaom er



adise Island built as a joint ven-
ture between Kerzner Interna-
tional and Turnberry Associ-
ates. That penthouse sold for
$7.6 million and re-listed a
month later at $9.9 million.

He was also responsible for
the most expensive sale of a
penthouse in Ocean Club Resi-
dences and Marina at $11 mil-
lion, and he handled the sale of
baseball great Barry Bonds’
Paradise Island house in Ocean
Club Estates. Current price tag
to be: $20 million.

The luxury property market,
Mr Carey believes, attracts less
than half a per cent of all real
estate in numbers, but that half
per cent or less enjoys a dispro-

_portionate share of total worth

in the industry.

“There is a great shortage of
mid-level money, but there is
no apparent shortage of big
money,” said Mr Carey, who
credits Kerzner for creating the
high demand-product that
buoys the New Providence mar-
ket, along with enclaves like
Lyford Cay, Old Fort Bay, Port
New Providence and Albany.

“Don’t forget it also boosts
the Treasury’s coffers,” said Mr
Carey. “Stamp tax on the sale of
the two lots was nearly $2 mil-
lion, paid in full at the time of
sale.”

NOTICE

NOTICE is hereby given that SENEQUE YOUTE of
THE GROVE, 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 9TH day of OCTOBER 2008
to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that CHARLINE CHARLES
of #29 BONNEY WAY, P.O. BOX N-1013, 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
9TH day of OCTOBER 2008 to the Minister responsible
for Nationality and Citizenship, PO:Box N- 7147, Nassau,

Bahamas.

NOTICE OF
RECEIVERSHIP

NASSAU BUILDING
SUPPLIES LIMITED

NOTICE is hereby given that NASSAU BUILD-
ING SUPPLIES LIMITED, a company incorporat-
ed under The Companies Act, has on the 7th day
of October, 2008 been placed into receivership by
the Supreme Court upon the Ex-Parte Summons
filed on the 16th September, 2008 and be advised
that JOHN S. BAIN of HLB Galanis Bain has been
appointed the Receiver and Manager of the prop-
erty and assets of the company.



Lot Hospital Lane & Dillet Street

Single Family Residence

6-Bedrooms, 3-Bathrooms

Property Size: 2,215 sq.ft

Building Size: 2,164 sq.ft

Appraised Value: $197,000.00

From Blue Hill Road North, turn onto Meeting Street
travel West on Meeting street and the subject is on the
south-east corner of the first corner on the left, which
is Hospital Lane. The subject is a split-level residence
painted tan trimmed white.

Parcel of Land Romer Street Fox Hill, N.P.
Single Family Residence

(3) Bedroom, (1) Bathroom

Property Size:4,961 sq.ft

Building Size: 1,014 sq.ft

Appraised Value: $115,000.00

From Fox Hill Road turn onto Romer Street (Church Of
God Prophecy and Fox Hill Community Centre junction)
travel east east on Romer Street to the third corner on
the right travel south to the fourth house on the left
which is at a dead end. The subject is a split level
residence painted blue and trimmed white aith a tiled
entrance patio

Lot#3005, Sir Linden Pindling Estates, N.P
Single Family Residence

3 Bedroom, 2 Bathroom

Property Size: 5,000 sq.ft

Building Size: 1,153 sq.ft

Appraised Value: $164,000.00

From Charles Saunders Highway enter Sir Lynden
Pindling Estates and travel south on Lady Marguerite
Pindling Avenue to the second street on the left (Lauren
Street) travel east on .

Single Family Residence
3Bedrooms, 2 Bathrooms
Property Size: 5,065 sq.ft
Building Size: 1,688 sq.ft
Appraised Value: $189,000.00

From Gladstone Road travel east along Rocky Pine Road
for approximately 1,444 feet and turn left on Dame Doris
Drive then another left and the subject property is the
third from corner.

Lot#19F, Grants Town, N.P.

Single Family Residence

2 Bedrooms, 1 Bathrooms/ with petty shop 45% comp.
Property Size: 4,835 sq.ft

Building Size: 682 sq.ft

Appraised Value: $83,000.00

Travel along East Street North and turn onto Odle Corner
travel east on Odle Corner to the dead end (Collins Wall)
and the subject the last house on the left. The house is
painted white and trimmed maroone.

Lot#33, BIk#1, Faith Gardens,N.P
2 Bedroom, 2 Bathrooms
Property Size:6,200 sq.ft

Building size: 1,585 sq.ft
Appraised Value:$196,000.00

From the intersection of Cowpen Road and Faith Avenue
travel. west on Faith Avenue to the entrance of Faith
Gardens Subdivision turn left into the Subdivision and
travel to the second corner on the right (Collins Drive)
turn right onto Collins Drive and travel west and the
subject is the thirteenth property on the right. The house
is painted green trimmed white.

Lot#3375/76 Sir Lynden Pindling Estates, N.P.
Single-Family Residence

3 Bedrooms, 2 Bathrooms .
Property Size: 5,500 sq.ft

Building Size:1,150 sq.ft

. Appraised Value: $161,000.00

From East Street & Bamboo Boulevard (south beach
Police Station) travel east on Bamboo Boulevard to the

THURSDAY, OCTOBER 16, 2008, PAGE 5B
$21m PI sale
was ‘the most




round-about continue traveling eastward on C.W.
Saunders Highway; take the second right, Lady
Marguerite Pindling Avenue, then take the first left,
Lauren Street and the subject property is the sixteenth
lot on the right.







Lot#39, Boyd Subdivision, N.P

Single Family Residence with Apartment Attached
3 Bedrooms, 1 Bathrooms - House

2 Bedroom, 1 Bathroom - Apartment

Property Size: 9,600 sq.ft

Building Size: 1,768 sq.ft

Appraised Value: $209,000.00

Travel west on Boyd Road to the intersection of
Providence Avenue turn left and proceed straight ahead
at the fork in the road (Poitier Avenue) to the eleventh
property on the right. House #21 the colour is olive
trimmed white.















Lot#2527, Sir Lynden Pindling Estates Subdivision
Single Family Residence

3 Bedrooms, 2 Bathrooms

Property Size;5,040 sq.ft

Building Size: 1,136 sq.ft

Appraised Value: $172,000.00

Travel west on Charles W. Saunders Highway pass Sadie
Curtis Primary turn left after the school and then an
immediate left onto a dirt road travel west on this road
to the T-junction and the subject is immediately opposite
the T-junction. The subject is painted tan and trimmed
tan.












Lot#22, tropical Gardens Subdivision, N.P.

3 Bedrooms, 3 Bathrooms

Propery Size: 8,050 sq.ft

Building Size: 1,464 sq.ft

Appraised Value: $200,000.00

From West Bay Street travel south along Tropical Gardens
Rd turn second left (Periwinkle Road) continue pass first
road on left and the subject property is the third from
the corner on left. :








Lot#51A, Albury Street & Dunmore Avenue

Single Family Residence

(3) Bedrooms, (2) Bathrooms

Property Size: 5,000 sq.ft

Building Size: 963 sq.ft

Appraised Value: $167,000.00

Travel west along Infant view Road to the Dunmore
Avenue turn left onto Dunmore Avenue, travel south on
Dunmore Ave. and the subject is on the corner of Albury
Street and Dunmore Ave. The house is painted white
and trimmed maroone.












Lot#336, Golden Gates Estates #2
Single Family Residence

(3) Bedrooms, (2) Bathrooms
Property Size: 6,000 sq.ft

Building Size: 1,890 sq.ft
Appraised Value: $207,000.00

Travel west on Carmichael Road from Blue Hill Road
turn onto the third left Golden Sun Drive )the corner after
St.Gregory's Anglican Church and before Carmichael
Primary School travel south on Sun Drive to the first,
travel west pass the second comer on the right and the
subject fourth property on the right. The subject is painted
white trimmed white.













Lot#11, Perpall Tract, N.P.
Single Family Residence

4 Bedrooms, 2 Bathrooms
Property Size: 5,280 sq.ft
Building Size: 1,843 sq.ft
Appraised Value: $210,000.00

Travelling south along Ferguson Road from West Bay
St. take the 4th corner on the left (Sherman Ave.) The
subject property is the 11th house on the left. A single
storey structure painted light orange with white asphalt
shingle roof.









es, PROPERTIES LISTED FOR SALE |

Contact Numbers 393-2004
HOUSES

Lot# 1266, Pinewood Gardens, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 5,000 sq.ft

Building Size: 1,035 sq.ft
Appraised Value: $112,000.00

Turn north onto Willow Tree Ave. from Pinewood Drive.
Travelling north on Willow Tree Ave. turn through the 3rd
corner on the left hand side which is Sugar Apple Street
and the property is the 8th lot on the left hand side.

Lot#2, Partition of Allotment, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 6,867 sq.ft
Building Size: 1,716 sq.ft
Appraised Value: $229,000.00

Travel south on Fox Hill Road to Johnson Barber Shop,
turn onto the first right and travel east to the second
corner on the left, travel south to the T-Junction and the
subject is straight ahead. The house is painted olive
trimmed white/beige.

Lot#26, Frelia Subdivision, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 5,000 sq.ft
Building Size: 1,220 sq.ft
Appraised Value: $192,000.00

From Faith Avenue and Fire Trail east on Faith Avenue,
follow the curve around to the right (approximately 0.6
of a mile east of Faith Avenue) take the first left into
Frelia Subdivision, then the first right and the subject
property is the last lots on the right.

Lot#320, Eastwood Estates Subdivision, N.P
Single Family Residence

2 Bedrooms, 1 Bathroom

Property Size: 6,000 sq.ft

Building Size: 2,110 sq.ft

Appraised Value: $242,000.00

From Prince Charles Drive turn north into Eastwood
Estates Subdivision, travel north along Tulip Boulevard
to the fourth corner on the left (Gibben Road) turn left
onto Gibben Road and travel west to third corner right
(Petrea Street) turn right onto Petrea Street and the
subject is the fifth property on the right or the . fourth
house (House#33). House is painted white and trimmed
white.

Lot#168, St. Andrews Beach
Single family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 8,100 sq.ft
Building Size: 1,170 sq.ft
Appraised Value: $239,000.00

From Yamacraw Hill Road & St. andrew's Beach
Boulevard, travel south on St. Andrews Beach Boulevard,
take the first left, Apennine Avenue, follow the curve
around to the right on to St. andrews Circle East, and.
the subject property is the fifth lot on the right past the
first corner on the right. Atacama Avenue.

Lot#1267, Pinewood Gardens
Single Family Residence

3 Bedrooms, 2Bathrooms
Property Size: 5,000 sq.ft
Building Size: 1,000 sq.ft
Appraised Value: $108,000.00

Travel west on Pinewood Drive turn on to Willow Tree
Drive which is the 1st corner on the right side after the
Pinewood round about heading north on Willow Tree
Drive take the 3rd corner on the left side which is Sugar
Apple Street and the property is the 7th lot on the left
side the building is yellow trim white.

VACANT LAND

Vacant land

Part of Lot being Southeast Moiety of Parcel D1 Property
SizeL: 12,500 sq.ft

Appraised Value: $120,000.00

From New mt. zion Missionary Baptist Church on South

Beach Road for about 200 ft on the right is a green
duplex followed by a beige duplex. The subject property

- is immediately behind the beige duplex.

Lot#2 of Tract Northernside Adelaide Road
Vacant land

Property Size: 5,756 sq.ft

Appraised Value: 80,000.00

From Adelaide Rd and Adeliade Village Road travel east
about 800 ft then turn left into subdivision property is
the 3rd lot on the right.

Vacant Land
Lot#1, Sanford Drive
Property Size: 10,000 sq.ft

Appraised Value: $215,000.00

From Sanford Drive and marling drive travel west on
Sanford Drive until you reach the first corner on the right
(road leading into Highland Terrace) turn around and
travel back east on Sanford Drive turn left on to a private



driveway between the second and third lots beige
apartment and yarrow town house and the subject
property is at the end of the driveway.

Property Size: 13,992 sq.ft
Vacant Land
Appraised Value: $210,000.00

From Carmichael Road turn onto Gladstone Road trave
north on Gladstone Road to the entrance of Sea Well
Manor Subdivision which is the corner north of Polar
Ice Ltd. And the subject is the property at the entrance
next to Polar Ice Ltd which is vacant.

APARTMENTS/CONDOMINIUMS |

Lot#594, Stapledon Gardens, N.P.
Triplex Apartment

1 - 2 Bedrooms, 2 Bathrooms

2 - 2 Bedrooms, 1 Bathroom
Property Size: 10,000 sq.ft -
Building Size: 3,000 sq.ft
Appraised Value: $535,000.00

From JFK Drive & Bethel Ave travel south on Bethel Ave
take the second left Spitfire Road and the subject property
is the last building is the last building on the right at the
T-Junction of Spitfire Road and Turnquest Avenue.

Duplex Apartment

Each Unit 2 Bedrooms, 1 Bath
Property Size: 5,800 sq.ft
Building Size: 1,415 sq.ft
Appraised Value: $187,000.00

From Fox Hill Road & kool Air Drive travel west on Kool
Air Drive take the eights or last corner right and the
subject property is the second lot on the right.

Uniti#4, Hillcrest Tower Condominium, N.p.
Condominium

2 Bedroom, 2 Bathrooms

Unit Size: 1,110 sq.ft

Appraised Value: 200,000.00

Travel south on Collins Avenue to Third Terrace turn west
on third terrace and the subject is contained within the
second building on the right which is a condominium
complex. The subject complex. The subject complex is
painted lime green and trimmed white.

Lot of Land situate noth of Step Street
Unfinished Triplex Apartment (35% completed)
Each unit 1 Bedroom, 1 Bathroom

Property Size: 12,020 sq.ft

Appraised Value: $150,000.00

From Fox Hill Road turn onto Step Street, travel west
on step street and the subject is between Rahming Street
and Cockburn Street which is the first right after Rahming
Street at the entrance to an unpaved road access and
presently under construction.

Lot#8 Hanover Court, N.P
Duplex Apartment

2 - 2 Bedrooms, 2 1/2 Bathrooms
Property size: 5,670 sq.ft
Building Size: 2,107 sq.ft
Appraised Value: $283,000.00

From Fox Hill road turn onto Sea Breeze Lane travel
west on Sea Breeze Lane and turn on the first corner

after the Christian Life Centre continue north and the
subject is the fourth property on the right. White trimmed
with an unpainted wall which is to be sprayed with the
marble creek spray on exterior.

Lot#35 & 36 Block #23, Nassau Village

Small Retail Store / w Duplex Unit

2 - 1 Bedroom, 1 Bathroom

Property Size: 5,000 sq.ft

Building Size; 946 sq.ft

Appraised Value: $155,000.00

From Soldier Road, turn onto Windsor Place travel south
on Windsor Place to the last corner on the right before
the T-junction travel west on this road and the subject

is the fifth building on the right. The subject is painted

yellow and trimmed yellow.

Lot# 23, Wild Tamarind Condominium, N.P.
Unit Size: 1,460 sq.ft

3 Bedrooms, 2 Bathrooms

Appraised Value: $192,000.00

From Prosper Road & Sandford Drive travel east for half
a Kilometer on Sandford Drive and the subject property
is on the right hand side, diagonally across from the U.S.
Ambassador residence.

Lot#209, Sunshine Park, N.P.
Four Plex Apartment

Property Size: 4,944 sq.ft
Building Size: 2,200 sq.ft
Appraised Value; $205,000.00

Heading south on Blue Hill Road take the ist entrance
into Sunshine Park take the 1st corner on left (Murray
Street) the property is the 5th building on.left hand side
of the street: The building is blue trim with white.

Lot: Approximately 5,589 sq. ft North of Johnson Road
Duplex Apartment

2 - 2 Bedrooms, 1 Bathroom Each

Property Size: 5,589 sq. ft

Building Size: 2,100 sq. ft

Appraised Value: $288,000.00

Travelling East on Bernard Road, turn north Adderley
Street (Opposite St. Augustine's College), continue north
on Adderley Street pass step street (which is on the
curve) and make the first turn right onto Johnson Terrace.
Turn onto an unpaved road on the right (which is the
first corner on the right) At the T-junction turn right
(heading south) enter gates of privately owned is a
duplex residence colored gray with white trim.

Lot East Windsor Place Soldier Road
Duplex Apartment

2- (2) Bathrooms, (1) Bathroom
Property Size: 6,000sq.ft

~ Building Size: 1,580 sq.ft

Appraised Value: $172,000.00

Travel East on Soldier Road to the intersection near
Sugar Kid Bowe Food Store turn right and travel to the
end of this street, across the intersection at the curve
turn east and the subject is the first property on the left,
which is a duplex. The duplex is recently painted blue
and trimmed white with enclosed fencing. ;

Property situated 350 feet south Adelaide & Coral Harbour
Duplex Apartment

1-3 Bedrooms, 2 Bathroom, 1 - 1 Bedroom, 1 Bath
Property Size: 5,691 sq.ft

Building Size: 2,000 sq.ft

Appraised Value: $285,000.00

Travel along Carmichael Road to the roundabout continue
west onto Adelaide Road turn left at the fourth comer
which is an unpaved entrance road continue south on
this road and the subject is the fourth house on the left
split level green trimmed white.

Lot#10, BIk#11, Millers Heights Subdivision, N.P
Duplex Apartment

1-2 Bedrooms., 1 Bathroom

1 - 2 Bedrooms, 2 1/2 Bathrooms

Property Size: 7,500 sq.ft

Building Size:1,444 sq.ft

Appraised Value: 194,000.00

From Carmichael Road travelling west, turn left onto
East Avenue, travel south on East Avenue to the first
comer on the right travel north thereon to the first corner
on the left (Margaret Avenue) continue on Margaret Ave.
pass the first intersection and the subject is the fifth
property on the right painted mustard trimmed peach.

Lot#16, East Wind Gates Subdivision, N.P.

Duplex Apartment

1 - 2 Bedrooms, 1 Bathroom

1-3 Bedrooms, 2 1/2 Bathrooms

Property Size: 5,902 sq.ft

Building Size: 1,988 sq.ft

Appraised Value:$290,000.00

From Fox Hill Road & Pine Yard Road travel west on
Pine Yard Road, take the 5th left into East Wind Gates

ra and the subject property is the 6th on the
eft.

We providing financing to qualified buyers

CONTACT INFORMATION
RBC Royal Bank of Canada and RBC FINCO Loans Collection Centre



®Registered trade-mark of Royal Bank of Canada

â„¢The Lion & Globe symbol and RBC are trademarks of Royal Bank of Canada

way RBC
Nay FINCO
Nie



PAGE 6B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE



Offshore bank revenues
may take ‘10-15%’ drop

FROM page 1B

reduction in fee revenues for
private banks right now.’

The effects on the Bahamian
international financial services

al stock market meltdown, cou-
pled with the economic down-

surprised to see a 10-15 per cent turn and credit crunch, have

EMPLOYMENT OPPORTUNITY
HEAD ENGINEER

Large private estate in Nassau seeking a Head Engineer capable of
effectively managing the estate. Candidate must have certification/
experience in engineering and be able to maintain all equipment on the
estate. Previous experience working with large private estate, small luxury
hotel or embassy essential. Applications and resumes should include
reference from previous three employers. Send resume, certificates and
references to:













HEAD ENGINEER
P.O. BOX N-7776 (SLOT 193)
NASSAU, BAHAMAS

A global leader in audit, tax and advisory services

Manager, Restructuring

industry as a result of the glob- .

almost been overlooked until
now.

However, due to the direct
link between fees and value of

assets under management (their
-net asset value or NAV), there

is little doubt that the industry -
a third pillar of the economy,
along with tourism and foreign
direct investment - will feel the
chill winds from Wall Street,
the City of London and other
major world financial centres.

Any reduction in fee income
and, by extension, profitability
could see the bonuses and
salaries earned by Bahamas-
based financial services execu-
tives reduced, with negative
knock-on effects for other areas
of the economy as a result of
their reduced disposable income
and spending power.

Financial services workers are
among some of the highest-paid
workers in the Bahamian econ-
omy, with the multiplier effect

The Manager will report to the Directors of KPMG Restructuring Ltd.. The role has primary responsibility

for managing a portfolio of liquidation and corporate restructuring clients.

Specific duties include managing:

e liquidation cases, including both voluntary liquidations and court appointments
e restructuring engagements for lenders, providing independent business reviews of borrowers’
businesses, and assisting lenders in developing and implementing options with respect to their

financial exposure to such borrowers
restructuring advisory services to companies with financial issues
complex and lengthy litigation issues in several jurisdictions

a portfolio of restructuring clients, including financial matters such as work in ep and

accounts receivable

restructuring professionals in their work, and involvement in the internal seHionnnace poate

process
business development initiatives

Applicants must be a university graduate and a member of a recognized accountancy or insolvency body in
addition to holding a minimum of five to seven years relevant work experience, with preferably three or
more of those in a restructuring role at a comparable level. This position requires attention to detail, strong
financial and writing skills, the ability to work at one's own initiative, and the ability to meet tight

deadlines.

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

Applicants should submit a cover letter, resume, a copy of their degree and professional certifications and a copy of their transcripts to: KPMG,
Human Resources Manager, P.O. Box N123, Nassau, Bahamas or jalighthourne@ knma.com.hs no later than Friday October 31, 2008.

AUDIT -« TAX « ADVISORY

© 2008. KPMG, a Bahamas partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a

Swiss cooperative. All rights reserved.



Contemporary. Timeless. Classic.
















The Royal Botania line of outdoor furniture Is
European-designed, ergonomic & made with
durable materials to withstand extreme
environments. It features a combination of
aluminum, stainless steel, teak & synthetic
weave. Options Include feather-weight
stackable styles for easy storage or
heavier designs. There's a design to
suit your outdoor environment and
needs. All furniture is sleek with
straight lines; smooth curves and
are remarkably designed. :

=7 At aC

=i. URNITURE&DECOR

STORE HOURS
Mon.- Sat. 9:30am-5:30pm

55 Madeira St., Palmdale Tel: 326.7738

(C2008 Creativeretations net




helping to create additional jobs
in other sectors.

Michael Paton, a former
Bahamas Financial Services
Board (BFSB) chairman, con-

firmed that the stock market

crash and reduction in asset val-
ues would impact the fee rev-
enues earned by Bahamian
financial institutions, although
the precise impact depended on
each one’s fee structure.

“It’s certainly going to impact
fees if client asset values are
going down,” Mr Paton, a part-
ner in the Lennox Paton law
firm, and head of its financial
services practice, told Tribune
Business.

“The private banking indus-



from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

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

Share your news

The Tribune wants to hear

try will be impacted like every-
one else because of the down-
ward pressure on fees. When
people’s portfolios are taking a
30 per cent hit, it’s got to reflect
on fees.

“The stock market is going
down, and clients are going to
be a lot more conservative.
Conservative products do not
have the pricing exotic products
do, so you will see fee pressures
here.”

With fees levied as a per-
centage of the client assets
under administration, manage-
ment or custody, Mr Paton said
that while the fees would not
change, the amount they were
levied on would “take a hit”.













NOTICE

MCKEE HOLDINGS LTD.

NOTICEIS HEREBY GIVEN as follows:

(a) | MCKEE HOLDINGS LTD.is in voluntary dissolution under
the provisions of Section 137(4) of the International
Business Companies Act 2000.

The dissolution of the said company commenced on the 15
October, 2008 when the Articles of Dissolution were
submitted to and registered by the Registrar General

The Liquidator of the said company is Verduro Associated
Ltd.,Pasea Estate, Road Town, Tortola, BVI

Dated this 16th day of October, A.D.2008

Verduro Associated Lid.
Liquidator

10-50% OFF

Gifts, Handicrafts & Batik Clothing

OCT.10th

NOV. 1st

OPEN 10am - 5pm

KURA

KURA

26 Virginia St., Tel: 325 - 1389

1 bik west of Hilton hotel entrance, in large two storey
turquoise building, on one way westbound street

A

AG BMAOMZTODOSD

Dae a ee
PRIME OFFICE SPACE

Approximately 1,200 square feet of second
floor space will be available January, 2009 in
newly. constructed building at the corner of
Marlborough and Cumberland Streets. Two
(2) on-site car spaces included.

Ideal location for offshore bank, trust company,
law firm, or other professions.

Contact Owner at
362-6627 or 362 6006





THE TRIBUNE

THURSDAY, OCTOBER 16, 2008, PAGE 7B





FINCO sees
10 per cent
mortgage
erowth |

@ By CARA BRENNEN- —
BETHEL
Tribune Business

Reporter .

FINANCE Corporation of
the Bahamas (FINCO) has seen
at least a 10 per cent increase in
mortgages issued over the past
year despite the downward eco-
nomic trend, indicating demand
for home ownership remains
strong among Bahamians who
can afford it. .

Speaking at a seminar for the
Bahamas Institute of Chartered
Accountants (BICA), Tanya
McCartney, for FINCO’s man-
aging director, said that even
though there has been an
increase in foreclosed proper
ties due to the tough ecoinomic
climate, more and more
Bahamians have gotten their
finances in order and qualified
for home loans.

“There is a certain market

Deltec remains under ;
- ownership of Atlas

DELTEC Bank & Trust, the
Bahamas-based private bank-
ing institution, is not part of the
deal that has seen its owner,
Atlas Capital Associates, sell its

Benchmark
_ director
resigns
from —
Board

Sandra Knowles, former
Securities Commission execu-
tive director, has resigned from
BISX-listed Benchmark
(Bahamas) Board of Directors.

- that is focused on home: own-

ership and ready to get their
piece of the rock,” Ms McCart-
ney said. Real estate in the
Bahamas was still perhaps the
most solid investment, she
added.

Ms McCartney added that the
sub-prime mortgage problems
that US homeowners were now
experiencing could not happen
in the Bahamas due to the strict
regulations put in place by the
Central Bank of the Bahamas.

“Still, we are seeing a number
of persons who are finding it
difficult to make their pay-
ments, not because of interest
rates, but these are self-
employed persons, or those in
tourism or construction, and
even some professionals who
have seen a decrease in busi-
ness and thus their economic
picture has changed, even

. though initially, they were qual-

ified for the loan,” she

investment management busi-
ness to Sciens Capital Manage-
ment.

It remains under Atlas own-
ership.

For the stories
eR Ue

hews, reatl
MES
Montays



NOTICE

Notice is hereby given of the loss of Bahamas Government
Registered Stock Certificate as follows:

Interest

Rate Certificate No.

_Stock _ _Rate _
2007-2011 6.37500%

42-041

Maturity
Date

t Amount
25/04/08

$5,000.00

lintend to request The Registrar to issue a replacement certificate.
If this certificate is found please write to
P.O, Box N7277, Nassau, Bahamas.

EXCLUSIVE LISTING
GRAHAM ACRES

Part of Blair Estates, East

Furnished 4 bed/2 bath house, Living,
Dining and Family Room (1,781 Sq. Ft.)
air-conditioned, large Wooden Deck,
fenced in, landscaped lot in great area.

$345,000.00 Gross

Please call:
Real Estate International (Bah.) Co. Ltd.

m=)

322-4187

e-mail: hw@realestateint.com



PUBLIC AUCTION

SATURDAY, OCTOBER 25TH, 2008

By Order of
The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of The Bahamas

I. G. STUBBS WILL SELL

Eleven (11) assorted used vssels as set out in the

WHAT:
schedule below:

LOCATION

MAKE/MODEL

NAME

Potters Cay
Potters Cay
Potters Cay

Coral Harbour
“Arawak Cay
Potters Cay
Owner/Andros
Owner Possession

Der Berry’s
Shabak
Liminos

1990 - 34’ Offshore Vessel

1977 - 53’ Defender

1992 - 45’ Defender Vessel

1989 - 48’ North Carolina

1979 - 52’ Hatteras Fibre Glass Vessel
1980 - 47’ Garcia

1981 - 51’ Defender Vessel

80’ Custom Steel Hull Vessel

94’ Steel Hull Gulf Coast Shrimp Trawler |
1980 with two (2) Volvo Diesel Engine

explained.

Ms McCartney said FINCO
was eager to see how the Prime
Minister’s plans to assist per-
sons with their mortgage pay-
ments will work, and said the
bank had tried to be accommo-
dating to persons whose
accounts had been in good
standing and _ had fallen into
difficulty.

“Banks are not real estate
agents, and despite what you
see in the newspapers, we do
not take pleasure in foreclosing
on someone’s home,” Ms
McCartney said.

She added that persons have
to be willing to come in and sit
with a mortgage officer and try
to refinance in the way that will
best help them. ,

“Often, people will come to
us only when they have the
eviction notice, and by then it is
simply too late,” Ms McCart-
ney said.

M.V. Buddy
Miss Quality
Equality
Lady Kristy

Sweet Charlotte Owner Possession,
Morgan Bluff
Andros ©
M.V. Lisa III Bradford Marine
Freeport -

122’ Single Screw Steel Hull (1960)

LOCATION: Potters Cay Dock - Nassau, The Bahamas

TIME: 11:00am - Saturday, October 25th, 2008 - Preview and Inspection from 9:00am Until Auction time at
the site.

TERMS: * ALL items to be Sold Where Is As Is for Cash, Cashier’ Check or current Bank Guarantee Letter.
Purchase will not be released until paid for in full not later than 4:00pm Tuesday, November 4th, 2008. Where ,
a deposit is required, the same is non refundable. If final payment is not made by 4:00pm Tuesday, November
4, 2008 any and all deposits made will be forfeited.

Any and all Notices or amendments by Auctioneer on said Auction Day whether written or verbal shall supercede
this or any subsequent advertisement.

‘For further information contact I. G. Stubbs at 322-2028 or Fax: 328-8086 or Email: igstubbs@coralwave.com
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724 '
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com
1G. STUBBS

PUBLIC AUCTIONEER - LICENSE #0360

aie
NA

Nassau Airport

Development Company



U, Y
yj Y
WHIM:






The Nassau Airport Development Company (NAD) is about to embark ona transformation of the
Lynden Pindling International Airport in Nassau, The Bahamas.

The design will evoke the spectacular beauty of The Ba hamas and the mission of NAD is to operate
the airport to be safe, friendly, clean, efficient and profitable with a local sense of place.

NAD invites interested Contractors and Suppliers to attend a Contractors Briefing to review
impending expansion plans. The airport will be expanded in 3 stages over the next 5 years and
will generally include:

Stage 1 ©
+ New US Terminal & Pier 247,000 sq. ft,;

« +> Approximately 1,000,000 sq ft of new Asphalt Apron;
» New parking facilities and roadways;

Stage 2

+ Selective Demolition & Construction of New International Arrivals Terminal and International
Departures Pier 226,000 sq. ft;

» Approximately 200,000 sq. ft of Asphalt Apron Rehabilitation;

* Removal and rebuilding of existing parking facilities;

Stage 3

» New Domestic / International Departures Terminal and Domestic Arrivals 112,000 sq. ft;
+ Approximately 30,000 sq. ft of Asphalt Apron Rehabilitation; and

« Minor landside improvements

Other components of the project include:
_» Demolition

« Landscaping

« Apron Drive Bridges

+ Elevators and Escalators

« Baggage and Building Systems

A presentation will be held at 1 pm EST, October 21, 2008 in Salons |, Il & Ill of the Wyndham
_ Nassau Resort & Crystal Palace Casino West Bay Street, Nassau, Bahamas and will also review.
_ construction, safety/security and environmental requirements for the Airport Expansion Project. —





We look forward to seeing you there.





PAGE 8B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE



SST

FLORIDA INC.

3000 S. STATE RD. 7 (441) * HOLLYWOOD - MIRAMAR

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EPA to ‘increase’
the level of
bureaucracy

FROM page 1B

timelines for implementing their
various EPA obligations.

He added that implementa-
tion cost estimates had been
worked out, but declined to
divulge them because all the
Government departments and
agencies involved had yet to be
briefed. A communication to
Parliament was promised soon.

The EPA’s implementation
costs are also concerning the
Bahamas Chamber of Com-
merce, which has called on the
Government to publish its
implementation schedule to
give the private sector time to
prepare.

Meanwhile, Mr Moree
expressed concern about the
scale and depth of change the
EPA would bring for the
Bahamas and its economy.

“I think it’s going to result in
the introduction of a large num-
ber of laws, which is ultimately
going to increase bureaucracy
and regulation,” he told Tri-
bune Business.

“It’s going to have an effect
on the import duty system,
effect things like intellectual
property and lead to the intro-
duction of competition law,
which in and of itself is not a
bad thing.

People

“But people have got to
understand that it will funda-
mentally change the way busi-
ness is conducted in certain sec-
tors; and that it is going to result

in increased regulatory over-

sight and bureaucracy, both at a

national and regional level.”
Mr Moree added that anoth-

er concern was the EPA agree- .

ment’s emphasis on promoting
regional integration among the
CARIFORUM states. While
not the same as the CARICOM
Single Market & Economy
(CSME), he said the EPA

would “inevitably bring higher °

levels of political integration”.
Impact

In turn, this would “funda-
mentally impact”. Bahamian
sovereignty and “the ability to
make decision over aspects of
our own lives”,

“Most Bahamians still don’t
have a full appreciation of
either the general impact which
the EPA will have on business
here in the Bahamas and our
lifestyles here, even though I
acknowledge the Ministry of
Finance officials and members
of the Trade Commission have
said they have met with all of
the major constituents,” Mr
Moree said.

“T would challenge those offi-
cials, despite those meetings, to
state candidly whether they
have any empirical data to sug-
gest whether the majority of
people in this country truly

understand the EPA provisions

and changes, and the new ini-

tiatives it will usher into our |

laws and the way we do busi-
ness.”

The senior attorney said that
if the Bahamas’ submission of a
services offer over the EPA was
not a closed issue/done deal,
this nation should use the next
six months to re-examine and
debate that offer to prevent it

from “compounding” the diffi-
culties it faces in relation to the
EU trade agreement.

With both the House of
Assembly and the Senate still

‘required to pass legislation giv-

ing effect to the EPA and its
provisions, Mr Moree said the
Bahamian electorate needed to
demand that their MPs and
Senators explain why they sup-
port/do not, support the trade
agreement.

“The very least we should
demand of Parliamentarians, if
they take us into this agree-
ment, which is against the wish-
es of the vast majority of
Bahamians, is that each of them
explain why they are supporting

it and demonstrate a level of..-

understanding which would
indicate they have themselves
at least read the EPA agree-
ment,” he added.

“All that amounts to is good
governance, and all the Bahami-
an people should insist on that.
When it comes time to debate
and vote on the EPA issue,
those votes will be extremely
important.”

Opponents

Responding to those who had
labelled EPA opponents as
‘fearmongers’ who were afraid
of change, Mr Moree said: “It is
nothing to do with fear of
change.

“My opposition to the EPA
has nothing to do with being
afraid of change. I believe
change is essential in key areas
of our national life, but change
for the sake of it is not good.

“Time will show this agree-
ment will be detrimental to the ©
Bahamian people in the medi-
um and long-term.”

PUBLIC AUCTION

SATURDAY, OCTOBER I8TH, 2008

By Order of

The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of The Bahamas

L G. STUBBS WILL SELL

WHAT:

schedule below:

Fifteen (15) assorted used vehicles as set out in the

2003 Dodge Caravan

1996 Ford Explorer

1997 Dodge Stratus

2001 Hyundai H-1 Van
2001 Kia 12 Seaters Bus
2000 Ford Ranger Truck
2003 Toyota Coaster Bus
1989 Chevy Caprice Hearse

2000 Toyota Coaster Bus
2004 Toyota Coaster Buss
2002 Kitchen Van Trailer
2002 Hyundai H-1 Van

1997 Toyota Van (Hiace)
20006 Hyundai H-1 Van
(gold/silver)

1978 L800 Ford Boom Truck

LOCATION: Police Training College Grounds - Internal Securities Division,
Oakes Field



COMPLETED INFRASTRUCTURE
INCLUDES:

° Paved Roads e Water & Sewerage
Phone * Cable ¢ Electricity « Street Lights



TIME: 11:00am - Saturday, October 18th, 2008 - Preview and Inspection
from 9:00am Until Auction time at the site.

TERMS: * ALL items to be Sold Where Is As Is for Cash, Cashier’ Check
or current Bank Guarantee Letter. Purchase will not be released until paid for
in full not later than 4:00pm Tuesday, October 21st, 2008. Where a deposit
is required, the same is non refundable. If final payment is not made by
4:00pm Tuesday, October 21st, 2008 any and all deposits made will be
forfeited.

RECREATIONAL PARK
INCLUDES:
Tennis Courts ¢« Ornamental Pond

Jogging Trails « Playground ¢ Basketball
Court Gazebos « Grills

ot sizes star ting at 65x101
SPtices starting at $106,500

Any and all Notices or amendments by Auctioneer on said Auction Day
whether written or verbal shall supercede this or any subsequent advertisement.

For further information contact I. G. Stubbs at 322-2028 or
Fax: 328-8086 or Email: igstubbs@coralwave.com
or
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com
1.G. STUBBS



PUBLIC AUCTIONEER - LICENSE #0360







THE TRIBUNE



THURSDAY, OCTOBER 16, 2008, PAGE YB



Minister admits ‘disappointment’

FROM page 1B

on when the legislation comes
into force,” Mr Laing added.
“While I’m disappointed that
we've taken a bit longer than I
thought we would, | understand
what has happened and I’m not
disappointed that we're trying
to dO the right thing.” .

Insurance

The Domestic Insurance Act,

which was passed by the former
Parliament in 2005-2006, was
designed to enhanced regulato-
ry oversight of the Bahamian
insurance industry and mod-
ernise it, with stricter attention
paid to solvency and capital
ratios.

It would also have beefed up
the regulatory powers and capa-
bilities of the Office of the Reg-
istrar of Insurance, converting it
into an Insurance Commission
with sanction and enforcement
powers, as opposed to the large-

ly information-gathering role it

plays now.
Act

However, the Act cannot
come into effect without the
regulations, as it is the latter
that give it true enforcement
teeth. Mr Laing said yesterday
that the legislation and regula-
tions would not take effect
“without having all the pieces
in place”. .

One of the reasons the for-

GE Mechanical Room
Air Conditioner

"10,000 BTU
$450.00

#ASV10

12,000 BTU
$480.00

#ASV12

14,000 BTU

$585.00

18,000 BTU |
$720.00

Sales & Full Service Department

Rosetta & Montgomery Streets
322-2188/9

#ASV14

©2008 CreativeRelations.net

#ASV18

TOLLE CR ROLLS LLL



Name of Applicant:
Place of Employment:
~ Occupation:

Telephone Contact:

Email Address:

SYMPOSIUM
REGISTRATION FORM

Thursday, October 23", 2008
SuperClubs Breezes, Cable Beach.

(Business)
(Evening)
(Mobile)

Focus Session 1 (Please check one.)






Appraisals / Evaluations”

“Preparing For Retirement”
“The Changing Face of Technology”
“Managing Stress & Time”

“Communicate to Elevate--Motivating Staff, Giving Effective Performance



Focus Session 2 (Please check one,)



TOASTMASTERS INTERNATIONAL, DIVISION I (BAHAMAS)

7} PROFESSIONAL DEVELOPMENT, COMMUNICATION & LEADERSHIP

PSEA ANATAAAATTA NTT

LALO OLAS MOALACL DDO LAALNILANLILLILSANILDELPLLLIIDL SASSANID MCI Abs

ErnenannanannancenanennannamneasenentahS








“Making Yourself Marketable”
“Are You Fit for the Job?”





“Who's Watching You? - Target Proofing Your Home & Business”





“Holding Effective Business & Committee Meetings”

(See attached brochure for full programme details.

1 —

Pricing: $110 per person OR $100 per person for groups of 5 or more if registered by October 15, 2008.

Signature:

Application Fee: $

$125 per person after October 15, 2008.

REGISTRATION CLOSES OCTOBER 20, 2008.

Date:

FOR ADMINISTRATIVE USE ONLY





| Focus Session 1 Focus Session 2 |







CONTACT INFORMATION

Phone: (242) 356-8368 /357-7035

Rmail Addroce: tnactmactore hahamagallive cam





CCT A

mer PLP government delayed
implementation of the Domes-
tic Insurance Act was because
of fears over whether the
Bahamas had the regulatory
and administrative capacity to
enforce it.

the #1 newspaper in circulation,
just call 502-2371 today!



NOTICE

Sn
re

oyers,& Se

a

Seminars for Enip



Sessions will be held from 9:30 a.m. to 1:00 p.m. in the Training Room of
N.LB’s Wulff Road Complex, Wulff Road at Minnie Street

“Refreshments will be served

Seminar Description
For everyone - from the self-eneployed person who works alone, to the employer of a
few persons, to the person responsible for the payment of contributions on bebalf of
an employer of thousands. The Seminar will give an overview of the National
Insurance programme, inclusive of its benefits and assistance programmes, and
explore the scope and impact of the National Insurance Fund on the economy of
the country.

Questions and/ or concerns about the monthly payment of contributions or other
administrative/ compliance issues, will also be addressed.

Persons interested in attending a Seminar.
should reserve a space by calling the
Board’s Public Relations Department
at 356-2070, ext. 236/234/232



Public Utilities Commission

\

HR ens

~ TELECOMMUNICATIONS ACT (Ch. 304)
SECTION 6(5)

NOTICE OF PUBLIC CONSULTATION
DISPUTE RESOLUTION PROCEDURES

The Public Utilities Commission (PUC) in exercise of its powers and functions under
Section 6(5) of the Telecommunications Act (Ch. 304) gives notice that it is conducting
a Public Consultation on DISPUTE RESOLUTION PROCEDURES between
14° October and 10° November, 2008. The purpose of the Public Consultation is
for the PUC to set out a framework and the methods by which it proposes to undertake
to resolve telecommunications-related disputes between licenced service providers.

The PUC invites and welcomes comments and submissions from members of the
public, licenced service providers and other interested parties on its consultation
document on Dispute Resolution Procedures. After the public consultation closes,
the PUC will issue a Statement of Results on the public consultation.
Persons may obtain copies of the public consultation document either in:

(1) In printed booklet from the PUC Office, Agape House} Fourth Terrace East,
off Collins Avenue, Centreville, Nassau; or

(2) By downloading it from the PUC Website at www.pucbahamas.gov.bs.

Persons may send their written submissions or comments on the public consultation
document to the PUC either:

(a) By hand, to the PUC Office, Agape House, Fourth Terrace East, off Collins
Avenue, Centreville, Nassau; or

By mail, to the Executive Director, Public Utilities Commission, P.O. Box
N-4860, Nassau, Bahamas; or

(c) By fax, to (242) 323-7288; or

(d) By e-mail; to info@pucbahamas.gov.bs

The deadline for receiving submissions and comments is 5:00 PM on 10th November,
2008.

Dated 6" October, 2008

Michael J. Symonette
Executive Director
Public Utilities Commission
: Agape House
Fourth Terrace East, Centreville
P.O. Box N-4860
Nassau, Bahamas.

Fax: (242) 323-7288

E-mail: info@pucbahamas.gov.bs





PAGE 10B, THURSDAY, OCTOBER 16, 2008




FIRST






“Your Bahamian Su ermarkets
oF | CHOICE
4.4 LBS.

: | NOW ACCEPTING
© The Bahamian Credit Card
QUANTITY RIGHTS AND PRICES RESERVED oo
~ SPECIALS GOOD OCT, 16 - OCT. 22, 2008 __




3 FO REDEEM QUALITY STAMPS AT BED, BATH & HOM a
Ne DOUBLE STAMPS EVERY SUNDAY iy

WESSON






28900 .
















































MUELLERS
WHOLE KERNEL TALE VEGETABLE/ a
ORN BYP) TR cornOIL TINGS a
- or 48 oz. 30 oz.
BEETS
TS ST ARMOUR REGULAR\ ‘
agers Lie COLA/GRAPE/ORANGE VIENNA |
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MEATBALLS ee | SAUSAGES)
39 EE: 219! ae
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| HUGGIES MeVITIES | JERGENS
WNIT ay UL GO-AHEAD PAPER
Toe BISCUITS pate TOWELS
my $29 ds ee “1 09
GAIN NIAGARA |
POWDERED :





THE TRIBUNE





AR-S
\UMBO ks,
SHICKEN

vr MEAT







CHICKEN ==
‘RUMSTICKS
OR

CUT WINGS

EXTRA LEAN

PORK CHOP
ENDS






$439
| Gini | MINI
| SPARERIBS

-AYAN, Asst’d. 20 oz. Bag HEALTHY CHOICE, Asst’d., 10 oz.

ELS eres B199 STEAMER. eeeeenee- $4.69

ESE....sunse2/$3,00 FROZEN

VEGETABLEG........ rd
fY' DELIGHT, 64 oz.
“ORNIA/CITRUS GREEN GIANT, 12s
NGH......ccccsssssss$2,99 CORN-ON-COB.................94,99

f du, aN PR “Way
CAR MAYER BAR-S OSCAR MAYER

THICK SLICED JUMBO/BEEF

P BUN LENGTH/
ALAMI BACON FRANKS

29 $3339 $<399

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VEL ‘CELLO
* + | CARROTS
Ye INGEN 2 lb. bag
SWEET RED SWEET WHOLE
DT IES | tlie saat
3-Ib. bag



THE TRIBUNE

‘RA








THURSDAY, OCTOBER 16, 2008, PAGE 11B

THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS; NEW PROVIDENCE:
SELECTED QUARTERS 2006 - 2008

i a

uarte

Fresh and frozen
chicken parts

Ground beef

Liquid and other
fuels

The price for fresh and frozen chicken parts has been steadily increasing over the
‘past three years. Between the third quarters of 2006 and 2007, the price increased
- 5% with a further increase of 14% between the periods of 2007 and 2008.

t The cost of conch, a local delicacy, increased 17% over the recognized quarters of
2006 to 2008.

Sweet peppers come in a variety of colors and shapes. During the third quarters of
2006 to 2007, the price for this item decreased 0.5%; however, during 2007 to
2008, the price escalated by 41%.



BLENDERS _

BAKEWARES .

_ s WALL CLOCKS

WALES PICTURES

’. ‘PICTURE FRAMES

os FDATWARE, SETS

COOKWAR

OLASSWARE"

DINNERWARE SETS

- SALE STARTS
TUESDAY OCTOBER 14th - SATURDAY OCTOBER 18th

Located: Harbour Bay Shopping Center
Ph: 393-4440 or 393-4448





PAGE 12B, THURSDAY, OCTOBER 16, 2008









MISCELLANEOUS PROPERTIES

1

the sides and back.

left side.Painted white trimmed light agua.

THE TRIBUNE

THE TRIBUNE,
October 16, 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, 1-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



side painted all white.



LOT NO. 1 WESTERN SHORES

All that lot of land having an area of 7,389 sq. ft., being lot
iH 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
is a portion of one of the Dundas Town Crown Allotment
parcels stretching from Forest Drive to Front Street,

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 subdivision 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,
{-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 southenn 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.





being just under a quarter acre in size and 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

Eleuthera Island Shores Subdivision LOT
NO. 1, BLOCK NO. 45,

SECTION E, ELEUTHERA ISLAND SHORES

All that piece parce! 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
S 3 3} site encompasses a two storey building which is
‘oximately 14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the




appr

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 Must Sell Lot No. 51
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 sides
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 green, 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 sa. 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
a topography of approximately 2 ft, with all utilities and services available.
APPRAISAL: $51,421.00





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: $89,000.00 -

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 ft north by Queens
Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. All utilities and

services available.
Appraisal: $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”

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



elmore) ile EMM HLCM Gye information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 * email harry.collie@scotiabank.com * Fax 356-3891





THURSDAY, OCTOBER 16, 2008, PAGE 13B

THE TRIBUNE

INVESTMENT OPPORTUNITY



THE TRIBUNE,
October 16, 2008

MISCELLANEOUS PROPERTIES



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.,
QOH ‘ 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





HAMILTON’S, LONG ISLAND

All that piece parcel or lot of land and improvements situated in the settlement of Hamilton's in the Island of Long Island, and comprising of
approximately 13,547 sq. ft. and is elevated approximately 7-8 ft above sea level. This site encompasses a 35yr structure. A simple style home
consisting of two bedrooms, one bathroom, kitchen, living and dining room. the home however is consisted of 2 separate constructions; 613.60 sq.
ft of concrete construction and 624 sq. ft of wooden construction all amenities are to the property such as electricity, water, cable and telephone.

Appraisal: $67,000.00.

The property is accessed by the main Queen's Highway.



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, Bahamas. 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 Jot is vacant and a hill over looking the Atlantic Ocean.

Appraisal: $41,275.00

(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
room, kitchen and laundry room, with
a total living area of approximately
2,342.06. Property also includes a double
car garage, and front entrance with‘a total
sq. ft. of approximately 655.75. This
home is approximately 85% completed.
The property is well landscaped with crab grass, fiascos and some fruit trees.



Appraisal: $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.

For conditions of sale and other information Pen ele



eri White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-3851





PAGE 14B, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE

INVESTMENT OPPORTUNITY
MUST SELL

NEW PROVIDENCE FAMILY ISLANDS

No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00 | ELEUTHERA
: All that lot of land having an area | Lot #115 GOVERNMENT SUBDIVISION
0000 square feet, being lot :

Rubee 1) ot the subdivision | ALICE TOWN, HATCHET BAY Appraisal: $101,023.00
known as Westridge Estates
Addition. Situate in the Western
pees’ District an the island of New
uae EE 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

ye gt Garage.

The building is 75% completed and
comprises five bedrooms, four and a half baths study, living/dining, family room,
kitchen, Jaundry and generator room,

Location: From SuperValue West Bay, take the road heading west into Westridge, take the first

corner on the Right, Westridge Drive. Subject property will be about the seventh on the right Located on this property of 9,500, Square feet bene 20-year-old
hand side of the road. 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

Lot #18 BLOCK #27 VENICE BAY Appraisal $591,955.00 | of repairs.

A mulitfamily lot of 12,225 square feet comprising three structures. One

complete unit at the front comprising 1638 and a porch of 200 square feet of Oo nceuscaccuncesccanenscnnsonoes
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,















SSSHRHSHHSASSARAHSHRHSHRHHOHAHHRHOROD

PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres. This
site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of shop space ©
and rest room facilities.









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.



EXUMA

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION Appraisal: $673,075.00

ARHSRHSHARHSHHSAROHADERHOSHHRBOORS

LOT No. 21B FRASER ALLOTMENT
OFF SOLDIER ROAD , Appraisal: $303,000.00

m, The subject property
consisting. of 8,400
square feet is
} developed with a split
} leveled home with 1925
square feet of floor area
on the ground floor, a
jporch area of 437
Ss Square feet and second
| floor area of 735 square
feet. The building is of

sound construction | The subject property is located on Kingway Road and is

/ = re wand Bea ‘ fy aaa a = developed with an area of 20,000 square feet. Situated thereon is
entirety. e groun oor comprises edrooms, ane bath, a kitchen, dining an
family room. The second floor comprises two bedrooms, one bath, living and a residence comprised of 3,645 square feet of living
dining areas. accommodations, inclusive of 4 bedrooms, 2 baths, with laundry

Directions to property: Heading East on Soldier Road, turn left onto first paved road opposite | and utility spaces and a two bedroom one bath guest cottage of
Lowes Wholesale, 2nd to last house on the road with chain linked fence. 600 square feet. The property is fenced with white picket fencing



Seeeovvcenvovscesvevcever eens and has a Gazebo at the highest portion of the property.
LOT 31 TWYNAM ESTATES Appraisal: $456,000.00
A single family property SHOR OER SEH AIHHSHHSSH SESH HOE

comprising 11,350 square feet.
Located on this property is an 11
year ald single family two storey EXUMA

_residence comprising 3,794 square
feet of living space. The lower BAHAMA SOUND #18

{ floor consists of living, dining and| Lots 17663,,17664, 17665 Appraisal: $220,180.00
kitchen area. A stairway, bathroom ooo / . re

and other public areas. The upper | The subject property is being
floor contains two bedrooms, one | developed with a single family
bathroom, Master Suite inclusive split level residence of CBS

of bedroom, bathroom and balcony. | construction with 1956 square
Directions: Travelling § East on Prince Charles Drive, turn Right at Super Value Food | feet of living space. The top
Store. Proceed to the T junction. Turn left, then an immediate Right. Property is | floor comprises 1496 square
located near the Dead End corner on the Right side of the road.



feet and the lower = floor



een nenneeneeneansceneeneonsonnes comprises 460 square feet. All
: plumbing and electrical rough eS

LOT 238 SUN CLOSE Appraisal: $136,000.00 work has been completed. The ‘block ‘work is completed on the
SUNSHINE PARK bottom floor with a portion of the upper floor completed.
Located on this 4,200 square
feet single/multi family . ~
property is a 20-year-old ; EXUMA Appraisal: $170,047.00
building of T-111 wood with wil “kee
concrete floor, consisting = momen ' DUPLEX in Lot #6625 Bahama Sound #8 East Exuma, Trapezium shaped

iz i lot 35 ft, above sea level, 10,000 sq, ft. Single storey 10-year-old duplex,
approximately 2,198” square : 2 bed, 1 bath, kitchen, dining, living room and porch area. Property is
landscaped,

feet of enclosed space, The
structure was formerly used as |
a retail store and = storage
facility.
ey aeeaie canes. For conditions of sale and any other information
Take the third corner on the Right after passing Farmer’s Market. Take the contact:

second Right then First right (Sun Close) subject is the fourth property on
the Right white trimmed black.

ii das vahaltah chan deepouevatwual HARRY COLLIE @ 502-3034



‘LOT #1440 GOLDEN GATES —_ Appraisal: $335,000.00 Fee eee aM ||
' Located on this 6,000 square feet a Wats @ 502-3077






(oC mn property is a split level single family ¥ j nan ; "

oe dwelling comprising four bedrooms, = mail philipwhite@scotiabank.com
two and a half bathrooms, living and
dining rooms, kitchen and TV raom. ;
: ee § Send bids to Fax: 356-3851 or P. O. Box N-7518
Habel eect? one bedroom apartments.

Directions: Take Carmichael Road icheading west, turn corner opposite BFM Church, Cedar Rosetta Street, Nassau, Bahamas
Way, then take first corner on the right, Tangerine Street. Subject will be about the second an hl
the right hand side of the road.









SEES

THE TRIBUNE THURSDAY, OCTOBER 16, 2008, PAGE 15B

INVESTMENT OPPORTUNITY



Wane ee sae

Lot 23A, Block KN, John Wentworth Avenue, Unit 1] Lot 14, Block 11
BAHAMIA NORTH SUBDIVISION DERBY SUBDIVISION, FREEPORT Appraisal: $112,680.00
: ‘ Lot 14, Block 11° Derby
FREEPORT GRAND BAHAMA aisal: $718,000.00 | eae Coed en toe
RT: ee oe 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
aré porches at the front and
rear entrances.























Lot 12B, Block LN, Un’t 2 |
BAHAMIA NORTH, FREE? ORT Appraisal: $54,000.00

The property is located on Cadwallader Drive and has an area of
approximately 24,001.56 square feet. It is multi-family zoned.

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 batr ms per unit.



eeeeeveezesceseoescooveonserzecs . Lot 67 Block 7 ‘
BAHAMIA WEST REPLAT Appraisal: $219,614.00
Lot No. 37 BLOCK 33, CHURCHILL COURT, | *
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION, ee a ae

FREEPORT, GRAND BAHAMA Appraisal: $337,000.00 | square feet of living space

: oo as - . SSR | single family dwelling ' com-

Wye . : ie ; $ prising an entrance porch, four i%

| em | SSB | bedrooms, two bathrooms and =

i; | Skew | kitchen; a living, dining,

powder and laundry room with

adequate closet and storage
space.



Pd x



SOHSOAOTSHOSHEOHHHSEEHHEHEEEOHEE








being lot No. 37 of
subdivision known and designated as Bahamia Marina and Bahamia Section

4 Subdivision, Freeport, Grand Bahama. Located on this property is a REEF YACHT & COUNTRY CLUB SUBDIVISION
structure comprising a 3 year old duplex structure which covers FREEPORT GRAND BAHAMA Appraisal: $290,000.00



atea of 16,533 sq. ft.



the | 1 ot 1. Block 8, SEA HORSE VILLAGE, BAHAMA

QW EN

All that lot of land having

*

an

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
wail, with 5 foot pillars at front;with electronic gate.











SOPOT HOAOSAESMEHSHTHHOHHHROHROHERS

Lot 96 HUDSON ESTATES Appraisal: $116,190.00
Situated on this praperty of 12,500 square feet is a 36-year-old
quadroplex apartment building containing two 2 bedrooms and 2

bathroom units and two 1 bedroom, one bathroom units. Each unit
contains foyer, living and dining area, laundry and kitchen,



SHHSSRSSHSEHSSOSSOSHOSSLOSHSEHEOR

Apt. 101 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $62,000.00



BS

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.

*

EROSCRISHSOEROSHHORHOERSEHOOEROER

Lot 7 Block 8 - BAHAMIA SECTION IV
FREEPORT, GRAND BAHAMA. Appraisal: $799,560.00

Located on the property of 1.08 acres
that has been zoned for multifamily
development are four buildings: A, B,
C and D. Houses A and B are
positioned along the road and they
face each other. Houses C and D are
located to the rear of the building and
are facing each other. The
constructions of Houses A and B are
just about completed, houses C and D
are incomplete. The lot is: enclosed
with chain linked fence except along
the front where a concrete wall is
erected. A concrete drivéway (also
used for parking and about the centre
of the lot) leads from the road and
runs through the middle of the yard
separating House A and B.



The unit is a one bedroom unit consists of a living and dining room,
bedroom, kitchen, and bathroom. There is a laundry room facility on
each floor, a common swimming pool, and fencing with an electronic
gate securing the perimeter of the grounds. The rear boundary of the
subject building is the Ruby Golf Course. The total living area is
approximately 897 square feet.

ROHHOHHFOHHEOHRHOHHOOHRHOEHRBREHHOAREE

APT 402 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $62,000.00







Each building contains a total area of
two thousand and seventy-two (2,072)
square feet. Inclusive of the entrance
porch with an area of 182 square feet.

Each house contains an. entrance.
porch, living and dining réoms and
kitchen, three bedrooms, two

bathrooms, a laundry area, adequate ost esr,
storage and closet space...” The unit consist of two bedrooms, 2 bathrooms, Lot 4, Block GN.

Edward Birch Court, Bahamia North.

WN MNS



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

Send bids to Fax: 356-3851 or P. O. Box N-7518 « Rosetta Street, Nassau, Bahamas |



\ ) .



PAGE 16B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE

DE i ee ee
CS a Oa oa





TES EY TMU ALE UCU i ar ae






Today's Close Daily Vol. _



Previous Close








































4000.00 Fidelity Bank Note 17 (Series A) + 7%

1000.00 Fidelity Bank Note 22 (Series B) +



















14.60 14.25 Bahamas Supermarkets
6.00 Caribbean Crossings (Pref)

Ee i RND Ho ngs
arama ea :

14.00

52"



14,00 Bahamas Supermarkets




1.3371 1.2741 Colina Bond Fund -
3.0250 2.8869 Colina MSI Preferred Fund
1.4119 1.3544 Colina Money Market Fund
3.7969 3.5388 Fidelity Bahamas G & | Fund
12.4456 11.8192 Fidelity Prime Income Fund

100.0000 CFAL Global Bond Fund











100.9600 99.9566 CFAL Global Equity Fund

1.0000 1.0000 CFAL High Grade Bond Fund

10.5000 9.1958 Fidelity International Investment Fund 9.1958 -12.42 12.42

1.0184 1.0000 FG Financial Preferred Income Fund 1.84

1.0119 1.0000 FG. Financial Growth Fund 1.12

1.0172 1.0000. FS Financial Diversified Fund 2

Se SANA RRR < ON SONY ‘ RAY 4
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 Nonth dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity
Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - 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

S2wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume

Today's Close - Current day's weighted price for dally volume

Change - Change in closing price from day to day

Dally Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

PIE - Closing price divided by the last 12 month earnings

S) - 4-for-1 Stock Split - Effective Date 8/8/2007

3-for-1 Stock Split - Effective D.
Ree SA ENGR





SSSA SASS:

1000.00 1000.00 Fidelity Bank Note 13 (Series C) + 100.00 7%

1000.00 __ 1000.00. Fidelity Bank Note 15 (Series Ds FBBIS 100,00... 0.0% Prime 1.75%
eee Ridiwlity OVS TRE COUNtEr BeGuritles NECN
2w' wk-Low mbo s as’ vr



Prime + 1.75%













29 May 2015
















































19 Gctober 2017
19 October 2022
30 May 2013









30-Jun-08
31-Dec-07
30-Sep-08
29-Aug-08
29-Aug-08
29-Aug-08













PS SIS Ses Boos | COLONIAL Sasa Sos-7S28

FROM page 1B

- their investments on a set crite-

ria, such as whether the stock
paid a dividend and had deliv-
ered consistent annual prof-
itability over several years, but
those equities that failed to
meet this criteria lacked insti-

in place, to guard against wild
price fluctuations caused by
retail investors cashing out at
strange prices, Mr Anderson
said that selling pressure in 2008
had consistently increased as
“more and more sellers” and
fewer and fewer buyers came
to the equities market.

“It’s a steady amount of sell-
ers coming to the market, but
because no buyers are coming

For the stories
behind the news,

read Insight
on Mondays



Seller build-up creates
BISX ‘buyers market’

to market, those sell orders
build up and build up and are
not sold,” Mr Anderson. ‘
“People have been unwilling
to drop their prices. They’ve
been willing to put their shares
in the market, because they’ve
anticipated that someone. would
come to pay the market rate,

Se Seeley = Se, Et feta} tional suppor. but noone as
lo.99 0.85 Benchmark 9.89 0.00 “0.877 0.020 N/M 2.25% That left these stocks at the A survey of open orders
270 7.95 Fidelity isk 237 0.00 0.055 0.040 43.1 1.69% mercy of retail investors, whose placed for B ISX stocks by
age oaS, Sonng Holdings: "2'a6 g00 o1is Ba0 0 24s sao trading activity was based large- investors carried out by Tribune
a 430 Soneaidstea Water Sone ec a0 ; S388 Boce~ ane +2z%| ly not on.astock’s fundamentals Business has revealed that there
o03 Se ee ece ocd A _seece> . aeke' tee 124% or earnings potential, but their ar¢ currently just six unfulfilled
tee ia eee eeeaacene vee ee et ae «75% need to generate liquidity and “Buy” orders across the entire
6.09 5.05 Focol (S) 5.20 -0.05 3,000 0.385 eee 13.5 2.65% raise cash. market. Of those SIX, four. are
too Gad ‘reesoeencem 0.40 0.00 - 9038 0000 114 6.00% While the BISX rule pre- for Cable Bahamas shares, and
2.50 Bee. sure enneen 44:00 0.45 2008 oo82 Oezo 418 eee] venting stocks trading at more _ the company has been carrying
Stee smteraNMaIniMaRe UN ENN SRE — than 10 percent above or below out a ‘share buy back’ scheme
S2wk-Hl__52wk-Low Daily Vol. Interest Maturit the previous day’s close remains — t© Support Its stock price.

The only other companies
with outstanding ‘Buy’ orders
are FamGuard Corporation and
Colina Holdings (Bahamas).

The lack of liquidity in the
Bahamian equities market ‘is
graphically illustrated by stocks
such as Bahamas Waste, which
has seen a build-up of 27 unful-
filled ‘Sell’ orders placed by
investors, with prices ranging
from $3.80 to $3.23 due to the
seller build-up.

“It represents an ideal oppor-
tunity for buyers who like cer-
tain securities but want to buy
at a lower price,” Mr Anderson
said. “While sellers are willing
to hold on, there will come a
time when they have to exit the
market, and buyers can take
advantage of opportunities.”

INVESTMENT OPPORTUNITY
MUST SELL






Beal

Lot 12 Block 13 Unit 2
GREENING GLADE
FREEPORT, GRAND BAHAMA

Located on 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.

Appraisal: $254,355.00



POKRHOKRSSKRHSSHSOOHHOSKOERSOROEHOEROS

:

Lot 188 SCOTT AVE, EAST SECTION 1 SUBDIVISION,
FREEPORT, GRAND BAHAMA Appraisal: $140,000.00

The subject lot is
approximately 12,322 square
| feet. Situated on this
property is a single story
single family dwelling of
m 2,800 square feet of living
A space. This includes a small
front porch, a large foyer, a
sunken living room with
fireplace and chimney, a
i dining area, a_ full service
: i kitchen, a family room with

4 adjoining laundry 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.



DERBY

ee

r

SRHSRBHANSHRHSARSAHEAHEARHORHORHSR

FREEPORT

Lot 13, Block 11, DERBY SUBDIVISION
-| FREEPORT GRAND BAHAMA

Appraisal: $180,300.00

Lot 13 fronts along the northern side of Henny Road at the end of the
cul-de-sac. Its configuration has four unequal sides. The rear
boundary is along the canal. The front boundary has a curvilinear
road frontage of 45 feet. The rear boundary (canal frontage) with one
point of inflection has a total length of 165 feet. The western side
boundary has a length of 146 feet and the eastern side a length of
125 feet. These dimensions result in an area of .32 acres.

Erected on this property is an incomplete building of a proposed
single storey house. The living space is approximately 3,228 square
feet; inclusive of foyer, living and dining rooms, kitchen, breakfast
nook: four bedrooms, three bathrooms, powder room, den, laundry
area, study and ample closet and storage space.

UNIT 3, BLOCK 10, LOT 11 (CANAL LOT)

SPOOROHHOHHEHEDHSOOAEMROOETEOHOOED

FREEPORT, GRAND BAHAMA

Appraisal: $96,000.00

Apt 9, VILLA MARTINIQUE CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $125,000.00



The unit one bedroom flat consisting an open area living and
dining room, bedroom, kitchen, linen closet and bathroom. The total
living area is approximately 660 square feet. The porch has an area of
approximately 75 square feet.

is a



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.

For conditions-of sale and any other information
contact:

HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com
ols
PHILIP WHITE @ 502-3077
E-mail philipwhite@scotiabank.com

Send bids to Fax: 356-3851 or P. O. Box N-7518
Rosetta Street, Nassau, Bahamas



THE TRIBUNE THURSDAY, OCTOBER 16, 2008, PAGE 17B

PepsiCo to cut
profit falls 10
per cent

@ By VINNEE TONG
AP Business Writer





Share your news

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps



MINISTRY OF LABOUR AND SOCIAL
DEVELOPMENT

THE PRICE CONTROL ACT (1971)
(CHAPTER 339)
THE PRICE CONTROL (GENERAL)
(AMENDMENT)
(NO.160 REGULATIONS, 2008

NEW YORK (AP) — Pep-.
siCo announced plans on Tues-
day to cut 3,300 jobs and close
six plants as it deals with lag-
ging U.S. drinks sales and a
surging dollar, which will hurt sy ts
profits from its rapidly growing The public 1s
international business. effective Wednesday, 15th October, 2008,

2 the Honourable Minister of Labour and
the global snacks and drinks . oar

Social Development has approved prices for the

maker reported a 9.5 percent
following breadbasket commodities:

GN-762
-NOTICE

hereby advised __ that

drop in third-quarter profit that
missed Wall Street expectations.
It also offered a downbeat prof-
it outlook.

The job cuts amount to
roughly 1.8 percent of Pepsi-
Co's global work force of about
185,000 employees. The cuts
will affect managerial and fac-
tory jobs both in and outside
the U.S. Most will be eliminated
in the coming months, Chief
Financial Officer Richard
Goodman said.

The nation's second-largest
drink maker — which also owns
the Frito-Lay, Tropicana and
Quaker brands — said the cuts
would generate pretax savings
of more than $1.2 billion over
the next three years. It plans to
save $350 million to $400 mil-
lion in 2009. SRN ER :

“While. we-can't- control the <==) 5 1 Sis SERENE ed et
macro economic situation, we
can enhance PepsiCo's operat-
ing agility to respond to the
changing environment," Chief



Butter
Cheese
Cooking Oil
Flour
Margarine
Mayonnaise.
Rice

Sugar

GOVERNMENT NOTICE

MINISTRY OF LABOUR AND SOCIAL DEVELOPMENT

S.1. No. 82 of 2002

THE PRICE CONTROL ACT -
(CHAPTER 339)

THE PRICE CONTROL (LIQUEFIED PETROLEUM GAS)
(AMENDMENT) REGULATIONS, 2008



SNAMAWBNS



PERMANENT SECRETARY

The Minister, in exercise of the powers conferred by
section 3 of the Price Control Act makes the following ei
Executive Indra Nooyi said in a

Citation and regulations - statement.

‘In the third quarter, the com-
i

commencement. 1. (1) These regulations may be cited as the Price pany had net income. of $1.58

Repeal and ee Se Petroleum Gas) (Amendment) pared ith $1.74 billion, of $1.06 ede
egulations, : hare, - Revenue
replacement erew tos 2 pln in the most GOVERNMENT
. 3 t period from $10.17 bil-
(2) These regulations shall come into force on the fora year ago.
a ocneeule Ist day of October, 2008. Gace NOTICE
to S.L. No. 98 | ° :
2. The Schedule to the Price Control (Liquefied Excluding one-time costs, the
of 2005. Petroleum Gas) Regulations 2005 is repealed and company earned $1.06 per MINISTRY OF FINANCE |

share, but that still fell short of
what Wall Street had expected.

Analysts surveyed by Thom-
son Reuters, who typically
exclude items from estimates,
expected earnings of $1.08 per
share on revenue of $11.2 bil-
lion.

Purchase, N.Y.-based Pepsi-
Co Inc. also noted that the
recent surge in the U.S. dollar
will hurt fourth-quarter profit.
At current rates, the incremen-
tal impact would be about'4
cents to 5 cents per share.

As a result, the company now
expects tb report 2008. earnings
per share of $3.67 to $3.68, com-
pared with prior guidance of
$3.72. Analysts expected $3.74
per share for the full year.

replaced by the following schedule -

PUBLIC NOTICE ©

Family Island Development
Encouragement Act

The Ministry of Finance, advises for the
information of the general public, that the Family
Islands Development Encouragement Act, 2008
which came into effect on Ist July 2008 provides
for the exemption from customs duty and excise
tax on building materials, and machinery for land
clearing.

SCHEDULE 7
Selling Price of Liquefied Petroleum Gas (LPG)

PART A

The maximum selling price of Liquefied Petroleum Gas (LPG) where
the sale is by cylinder shall be as follows -

~ MAXIMUM
DISTRIBUTORS’ PRICE

$100.00 per 100Ibs

PLACE MAXIMUM
SUPPLIERS’ PRICE

$70.00 per LO0lbs












1. In New Providence









& Grand Bahama . (delivered delivered "Pepsi missed consensus : ;
OR OR operating earnings, ae full The public should note that the Islands to which
$0.70 per Ib $1.00 per Ib year guidance and didn't pro- | the Act applies are:
(delivered) (delivered) vide an '09 outlook at this Pp

point," Morgan Stanley analyst
Bill Pecoriello said in a note to
investors. He said the negative
results would likely drag down
the share prices of other multi-
national consumer products
companies.

PepsiCo shares fell $4.57, or
7.4 percent, to $57.20 in mid-
morning trading Tuesday.

PepsiCo announced Friday
that it would renew its focus on
carbonated soft drinks with a
marketing campaign to be











Sweetings Cay and Water Cay (Grand Bahama)
Grand Cay and Moores Island (Abaco)

Current Island (Eleuthera)

Andros

Cat Island

San Salvador

Rum Cay

Long Island

Crooked Island

3. In the Family Islands
(excluding Grand Bahama) .




$88.00 per 100Ibs
(including sea freight)
OR.

$110 per 100Ibs
(delivered)
OR







$0.88 per Ib
(including sea freight)

$1.10 per Ib
(including sea freight)

PART B

The maximum selling price of Liquefied Petroleum Gas (LPG) where
the sale is by bulk shall be as follows -

MAXIMUM MAXIMUM
SUPPLIERS PRICE DISTRIBUTORS’ PRICE
PER US GALLON $ $

1. In New Providence $2.97 $4.24

& Grand Bahama (delivered) (delivered)

launched after New Year's.
That would be a reversal of its
strategy to move away from
soda and toward more expen-
sive alternatives, such as
sparkling juice, energy drinks
and ready-to-drink teas.

Long Cay

Acklins

Ragged Island and Cay
Mayaguana
Inagua

Goodman, the CFO, said the
company had been planning the
campaign over the last several
months as a response to-the
consistent declines in sales vol-
ume in the U.S.

"We're looking at re-engag-
ing consumers, keeping the ones
we have and making sure we're
getting additional consumers
into the fold," Goodman said,
adding that a lot of carbonated
soft drinks "are very afford-
able."

q ; ‘

2. In the Family Islands $3.74 $4.66

Po In addition, the public should also note there is
(excluding Grand Bahama) (including sea freight) (including sea freight) : :

no need for any application to be made to the
Ministry of Finance or Family Island
Administrators. The process is being administered
directly by Bahamas Customs, who can provide
any Clarification which may be required.



Made this Ist day of October, 2008.

D. A. Foulkes

Minister Responsible for Consumer Protection FINANCIAL SECRETARY (Acting)





PAGE 18B, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE ;;

AX SSS

wee SSB s
we SBrea es



“My work at The Tribune is rewarding



SAHA

AANA

and challenging. I enjoy contributing
to the look of our newspaper while
meeting the needs of our advertisers.

I am proud to work here. ‘The



Tribune is my newspaper.”



ESTHER BARRY

PRODUCTION MANAGER
THE TRIBUNE 7 ee





WORST PNET TT TT TT TTT TT



T



SURRY





HE TRIBUNE THURSDAY, OCTOBER 16, 2008, PAGE 19B

PRN Eerie,
ERENCE RRR a



ays paper and d returning it to our aifice athe oe oa a
enter the greater your chances of winning!!!

‘

“*Only original newsprint eligible, no photocopies or facsimiles, Deadline for delivery Monday at 5 p.m.

“THE PEOPLE’ S NEWSPAPER.

Weds RR. SRR oR



\

~



PAGE 20B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE



How to save Bahamian firms in

m By MARK A TURNQUEST

IN light of challenges that
companies in all sectors are
experiencing, and the recent
increase in Bahamian business
closures, the Government must
immediately develop a com-
prehensive “relief package” for
all businesses.

The Government has provid-
ed social relief for the poor and
homeowners, but it has yet to
indicate how it is going to
reduce the burden of operating
a business in the Bahamas.
There is always a lot of “talk”

about the importance of busi-
nesses (especially small and
medium-sized businesses) to the
Bahamian economy. Now is the
time to strategically implement
financial and non-financial sup-
port schemes to prevent more
businesses from closing down.

Although | am a small busi-
ness consultant, and 99 per cent
of my clients are in trouble
(decreased sales, increased
costs/expenses), big business
owners also need help in order
to survive during this “global
recession” because they hire
many Bahamians and con-

a

fa hada eyes

got alae
now get yours!

To find a’solution that
best fits your business.

CALL ENTERPRISE SALES

COV AAT)

tribute significantly to our gross
domestic product (GDP).

Listed below are ways for the
Government to provide finan-
cial and non-financial support
to all businesses:in the Bahamas
by no later than January 2009,
so that business owners can
adjust their operating budgets
early in the year:

FINANCIAL SUPPORT

* Reduce business license
fees by 50 per cent

* Reduce other business reg-
ulatory fees by 25 per cent

* Reduce the BEC surcharge

ouv

to LO per cent

* Reduce water and sewage
costs by 25 per cent

* Reduce NIB expenses
(employers portion) from 5.4
per cent to 2.5 per cent

* Reduce work permit fees
by 25 per cent

* Eliminate all stamp tax for
six months

* Reduce all commercial
property taxes by 0.5 per cent

NON-FINANCIAL

SUPPORT

Business owners must take
the lead role and indicate which

_ ONE STOP

BUSINESS

epariment | 6200

Keting £

(CMP e Te





non-financial business support
services they need in order to
survive during 2009. This could
be communicated to the
Bahamas Chamber of Com-
merce, the Bahamas Agricul-
tural and Industrial Corpora-
tion (BAIC) or at an open
forum. After consulting with the
private sector, the Government

needs to initiate the following .

below (based on demand):

* Host free seminars that
focus on how to start, manage,
grow and reorganise businesses
during a recession.

* Partner with
accountants/financial experts to
provide free services on how to
manage cash flow and other
financial matters during a reces-
sion.

* Partner with marketing con-
sultants to provide free services
on to how sell, promote and
provide exceptional customer
services during a recession.

* Partner with human
resources professionals to pro-
vide free services on how to
attract, maintain and retain an
effective workforce during a
recession.

* Partner with business con-
sultants to provide free services
on how to manufacture prod-

ucts efficiently during a reces-
sion.

* Partner with security com-
panies (with assistance from the
police force) to provide free
advice on how to protect busi-
nesses during a recession.

* Partner with lawyers, insur-
ance agents and financial con-
sultants to provide free advice
on how to protect commercial
assets during a recession.

* Partner with Information
Technology Experts to provide
free advice on how to obtain

-and use the right technology
during a recession.

The above information is a
guideline (base model) that the
Bahamas Government could
use. In addition, this article was
written to stimulate the “cre-
ative minds” of policymakers
who are responsible for busi-
ness development.

I suggest that the Govern-
ment partner with executives
from BAIC, the Bahamas
Entrepreneurial Venture Fund,
the Bahamas Development
Bank, the Chamber of Com-
merce, IDB, the College of The
Bahamas and all professional
associations to take a proactive
approach to save businesses
during 2009.

For more information contact
Mark A Turnquest at web site
www.markturnquestconsult-
ing.com or Tel: 326-6748/424-
3640.




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THURSDAY, OCTOBER 16, 2008



UU TSS

and RELIGION

IN TODAY’S TRIBUNE

Police wwestion
_ Siting PLP MP

Politician
spoken to in
connection

with alleged
construction
scam



By PAUL G TURNQUEST
Tribune Staff Reporter
_ pturnquest@tribunemedia.net

A SITTING Member of Par-
liament'in the Progressive Lib-
eral Party was being questioned
by police up to 8 o’clock last
night in connection with a con-
struction scam that is alleged to
have taken place during his
tenure in office and which
involves tens of millions of dol-
lars.

This questioning, which is.

expected to last for a week,
involves an estimated “20 mat-

SEE page 11



% Eerae SAUCE









oad aegis

WOT HMURCHE tiled
eae rebuild




THICK & HEARTY



their fives





BRIDGETTE SMITH is the
second winner of The Tri-

Handed’ Saturday coupon
giveaway.

Mrs Smith is pictured
here receiving her cheque
from Patrice Fisher of The
Tribune.






e SEE PAGE 19B FOR
MORE DETAILS

























id R dvs Pri
4 Roar cabnge Sh eda

ges te heip |

‘He wies a psy
ont for dread






PRICE —.75¢





Global ae

on to the AG’s office

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

THE matter of the outstand-
ing millions of dollars in customs
duties and taxes allegedly owed
by Global United to the govern-
ment has been forwarded to the
Attorney General’s Office, Acting
Comptroller of Customs Anthony
~ Adderley told The Tribune yes-
terday.

It is claimed that the shipping
company, headed by defeated
PLP candidate for the Clifton
constituency, Jackson Ritchie,
owes the department more than
$4-million in outstanding customs
duties and taxes.

Man charged

with murder of

young woman

"The Attorney General's
Office is pursuing that matter.
They have all the information and
they're pursuing it in whichever
manner I guess they see fit. If it's
anything else they will let us .
know, but we provided them with
the information that they request-
ed," Mr Adderley said.

He declined to specify exactly
when the information was sent to
the Attorney General's Office,
only saying the department pro-
vided the information "earlier in
the year."

The Tribune made several
attempts to secure a comment
from the Attorney General's

SEE page 12



bune’s $1,000 ‘Caught Red '









Parents plan to protest
in Nassau if the Andros



@ By NATARIO McKENZIE

A 28-YEAR-OLD man
charged in the brutal murder ofa [7
young woman whose body was
discovered in bushes off Charles
Saunders Highway earlier this
month, was arraigned in Magis-
trate’s Court yesterday.

Michael Beckford of Redland
Acres appéared before Chief
Magistrate Roger Gomez in,
Court One, Bank Lane, charged in the murder of Sheanda Lewis.

According to police, the body of the 19-year-old Blue Hills-res-
ident was found clad only in red underwear. Her throat appeared
to have been slit. Police also reported that there were signs that

S eT Lewis



@ By MEGAN REYNOLDS

Tribune Staff Reporter

ANDROS parents plan to
protest in Nassau if the Min-
istry of Education does not
immediately remove two teach-
ers who returned to their class-
rooms in Andros, although the
Ministry had transferred them
to other schools.

The parents of pupils at
Fresh Creek Primary School
and Central Andros High
School kept their children out of
school this week, and said they
will continue to do so until the
matter is resolved.

Both the high school princi-
pal Maxine Forbes and primary
school principal Emily Miller
walked out of their schools last

teachers row not resolved

week when the teachers, noti-
fied of their transfers during the

. last school year, returned to

their classrooms instead of tak-
ing up their new positions.

Now the parents are calling
on the Ministry of Education to
travel to Andros to discuss the
matter of their children’s edu-
cation, or they will stage a
protest in Nassau.

The mother of a nine-year-
old boy at Fresh Creek pany
School said:

"All of the parents are so
upset that the Ministry of Edu-
cation will not come and speak
to us in person.

"This has got to a point
where it is so ridiculous and |

SEE page 11

Lewis had struggled with her killer.

SEE page 12

Tribune managing editor John Marquis
to retire from journalism next year

m@ By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net ~

ca - .
RETIRING after 48 years in
the profession, managing editor
of The Tribune John Marquis will
be quitting journalism early next
year at the age of 65.
Allocating a year to travel
around the world with his wife,
Joan, Mr Marquis is looking for-
ward to continuing to write books,
and exploring one of his life’s first
passions — pottery — before set-
tling down in the Mediterranean.



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SEE page 11




"PAGE 2, THURSDAY, OCTOBER 16, 2008

Sandals employees said to be

‘

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

HUNDREDS of employees
of the Sandals Royal Bahami-
an Resort are said to be organ-
ising a demonstration against
the Department of Labour after
plans to vote for a union to rep-
resent them, fell through yes-
terday, Trade Union Congress
president Obie Ferguson said.

Mr Ferguson is the lawyer
representing the Bahamas Hotel
Maintenance and Allied Work-
ers Union (BHMAWU).

Despite published claims to
the contrary, Mr Ferguson said
the union made a formal appli-
cation that was hand-delivered

Wine and Arts Festival

to Labour Minister Dion
Foulkes on September 25. A
copy of the request was also
delivered to Labour Director
Harcourt Brown, according to
copies of letters provided by Mr
Ferguson.

According to the Industrial
Relations Act, the minister must
be given two to seven days
notice of the secret ballot vote,
supervise the poll and certify the
results.

Despite Mr Ferguson's claims
that notice was given, the poll
did not go forward and now the
employees intend to demon-
strate in front of the Depart-
ment of Labour as early as
today, according to Mr Fergu-
son.

to be held October 25





THE Bahamas National Trust
is inviting Bahamians to attend
the annual Wine and Arts Festi-
val on October 25.

“Taste 56 wines while you feast
your eyes on the work of dozens
of artists at the 18th Annual
Bahamas National Trust (BNT)
Wine and Arts Festival, set for
12noon to 6pm on Saturday Octo-
ber 25”, said Rusty Scates, wine
director for Bristol Wines and
Spirits, long-time sponsors for the
festival.

“If the weather is good, we’re
hoping for over 2,000 people this
year,” said Lynn Gape, director
of education and communications
at the BNT.

Tracts through “the Retreat”
— the Village Road headquarters
for the BNT — will be lined with
art and wine for the festival.



Admission is $20 for the public,
$15 for BNT members, and
accompanied children under 12
are free.

All proceeds are in aid of the
BNT.

The event will featute the
works of 30 artists including
Moya Strachan; Jonathan Bethel;
Lemero Wright; Darcy Moss;
Nadia Campbell; Kim Reidel;
Sharon Aitken; Jeep Byers; Susan
Parotti; Marco Mullings; Her-
mann Schadt; Dede Brown;
Dylan Rapillard; Scott Stanley
Roberts; Kim Smith; Thierry
Lamare; Roland Rose; Samantha
Moree; Clifford Fernander; Liv-
ingston Pratt; Dion Lewis;
Bernadette Chamberlin; Malcolm
Rae; Treyor Tucker; Dominic
Cant; TobY Lunn; Astrid and Neil
Cleare, Bahamas International
Film Festival; Anya Metcalf;
Nocole Angelica; Marie Jean
Dupuch; Liduine Bekman;
Anthony Morley; John Cox;
Jonathon Thompson; Richard
Hokemeir; Maria Govan; Chris
D’Albenas; Matthew Wildgoose,
and Heino Schmid. “We have
encouraged young Bahamians to
participate again this year. The
result is a great variety of art

"We haven't heard from the
minister but the 500 workers
intend to go to his office. They
organising it now — it could be
as early as (today). I don't want
to say the exact time but I do
know it's being organised now,"
he told The Tribune late yester-
day.

The workers planned to

’ choose between the BHMAWU

or the Bahamas Catering and
Allied Workers Union at the
Department of Labour yester-
day. However, the poll did not
go ahead as planned. The
planned poll comes after a two-
year legal battle, where a
Supreme Court ruling allowed
Sandals workers to determine
their bargaining agent -by way



THE TRIBUNE

Obie Ferguson
of secret ballot. ;

The employees were not rep-
resented by a union from
November, 2006 to September
24, 2008.

According to published
reports, Labour Minister Dion
Foulkes told the media he had
no knowledge of the anticipated
poll, nor had such a request
been made to the department.
Attempts to reach Mr Foulkes
were unsuccessful up to press
time last night.



ANGELIQUE (ar right) and a friend joined t the ian throngs around
the Moet and Chandon Champagne stand to sample the kiss of fine
French Champagne, Moet and Chandon Brut Imperial. The festive pop
of champagne corks is the climatic moment for the BNT Wine and Arts
Festival each year as Bristol Wines and Spirits shows off more than 50
wines and dozens of artists, all to benefit the Bahamas National Trust.
The featured champagne this year (October 25th) will be Moet and
Chandon’s “White Star”, in the Retreat Gardens on.Village Rd., nation-

al headquarters of the BNT.

using different styles and medi-
ums,” the BNT said.

A silent auction will be held at
the members pre-view on Friday,
October 24.

The artists have each donated a

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The. sparkling star of the 18th
Wine and Arts Festival is Moet
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pagne.

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THE TRIBUNE

THURSDAY, OCTOBER 16, 2008, PAGE 3





© In brief

Man, 35, in
court charged
with raping
girl aged 11

A 35 year-old man accused
of burglary and raping an 11-
year-old girl was arraigned in
a Magistrate’s Court yester-
day.

According to court dock-
ets, Ian Leroy Miller, of Sun-
light Cottage, on Friday,
October 10, at around 6am,
broke into a residence on
Fowler Street.

. Court dockets ‘also accuse
Miller of raping an 11-year-
old girl on October 10.

_ Miller, who was arraigned
before Magistrate Linda Vir-
gill at Court No 9 Nassau
Street, was not required to
plead to the charges and was
granted bail in the sum of
$15,000 with one surety. The
case has been adjourned to
November 5.

Police probe
shooting of
man, 22, in
Bruce Avenue

B-BY DENISE MAYCOCK
Tribune Freepoit
Reporter
dmaycock@tribunemedia.net

FREEPORT - A 22-year-
old man who is “well-
known” to police was shot in
the buttocks on Tuesday
- evening.

Chief Supt Basil Rahming
reported that Delano Green,
of No 2 Pioneers Way, is
detained at Rand Memorial
Hospital, where he was
treated for a gunshot wound
to his right buttock.

He is in stable condition.

Green told police thai he
was walking along Bruce
Avenue ai around 7.30pm
when an unkuown man
approached him {rom behind
ang x2 TN

He said the shooter fled on
foot.

Mr Rahming said potice
and emergency medical per-
sonnel were dispatched to
the scene.

Green was transported to
the hospital by ambulance

According to Mr Rahming,
this is the second time this
year that Green was shot by
an waknown person.

The first shooting occurred
on September 19 at Watkins
Lane.

Police are continuing their
investigation into this mat-
ter..

Warning after
Canie Beach
homes raided

TWO Cable Beach hornes
have been broken into and
robbed while occupants were
asleep.

Laptops were stolen from
one property near Sandals,
while a cottage at West
Wind was also raided.

Neighbours are warning
Cable Beach residents to be
vigilant.



The Tribune wants to hear
frorn people who are

# making news in their

| neighbourhoods. Perhaps

4 you are raising funds for a
good cause, campaigning
for improvements in the

4 area or have won an

} award.

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

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INCREASING REPORTS OF SUICIDES

Depression on the
rise among local men

m@ By. LLOYD L ALLEN
Tribune Staff Reporter

WITH increasing reports of
attempted and successful sui-
cides, a local psychiatrist is
claiming that the number of
Bahamian men who suffer from
depression is on the rise.

Leading psychiatrist Dr
David Allen told The Tribune in
an interview that a lot of men in
the country are fighting depres-
sion.

“(Depression) drives them to
alcoholism, sometimes physical
illness, sometimes intimacy dys-
function, and also with some of
them attempting to hurt them-
selves.and others,” he said.

Depression is described as a
psychological disorder that
affects a person's mood
changes, physical functions and
social interactions.

Following the reported sui-
cide of Bimini native Aliex
Brown, 25, and the attempted
suicide of a Grand Bahama man
last week, Dr Allen said, “When
a man is depressed, we don’t
really deal with it, it’s hidden
and when it really breaks out
you can have serious problems.”

Dr Allen explained that
actions ranging from suicide, to
assault, to homicide, can be
expected from an individual
who suffers from depression.

Some common symptoms of
depression can include persis-

+ tent sadness; anxiousness; feel-

ings of guilt, worthlessness;:
fatigue; difficulty concentrating,
various sleep disorders: changes
in appetite and/or weight;
thoughts of death or suicide,
suicide attempts, irritability;
headaches; digestive disorders,





“When a man
is depressed,

-we don’t

really deal
with it, it’s
hidden and

when it really

breaks out you
can have
serious
problems.”

Dr. David Allen



and chronic pains that do not

respond to medical treatment.
A recently published report,

by an advocacy group based at

the Morehouse School of Med- -

icine stated that due to the lim-
ited services available to black
men for mental illnesses, includ-
ing depression, incidences of
violent acts and even suicide
have increased within that
group.

The group concluded that
socio-economic issues also help
in perpetuating this problem.

Currently, Bahamian facili-
‘ties that treat persons suffering
trom mental illnesses are limit-
ed to the Sandilands Rehabili-
tation Centre and the Commu-
aity Mental Health and Assess-
ment Centre - an out-patient
facility, Ezekiel Munnings. co-
ordinator of the male health mi-

tiative at the Maney of Health,
said.

According to Mr Munnings,
these facilities serve to provide
assistance and care to men who
may be suffering from varying
degrees of mental illnesses.

Mr Munnings said that per-
sons employed at any govern-
ment office or agency can seek
assistance through their Human
Resources representative.

“Right now, given the pre-
sent state of the economy, many
people are experiencing stress
and depression due to work and
economic conditions,” he said.

Mr Munnings added that just
as people with physical ailments
receive care, it is just as vital
for persons suffering from men-
tal diseases to receive the same
level of support.

Anxious Cable Beach residents expected
to attend public meeting tonight on crime

WORRIED residents of
Cable Beach are expected to

attend a public meeting |

tonight night to discuss rising
crime in the area.

A spate of robberies at con-
dos out west has prompted

‘calls for more night patrols

and extra vigilance by house-
holders.

Thieves broke into the
Carefree apartment complex
on 'two successive nights last
week.

They climbed on to second
and fourth floor balconies to
steal'laptops, blackberries and
cash while occupants slept in
their beds.

Now concern is growing to
such an extent that Killarney
branch of the Free National
Movement is holding a pub-

‘lic meeting tonight (7pm) at
HO Nash Junior High Schooi.

The FNM constituency

association is also calling on

residents in bushy, ill-lit arcas
to fill in forms calling for more
police patrols.

Mr ica Munnings of

Ruby Avenac, Cabdis Beach,
has sent two e-mails to West-
ward Villas rosidents warning
of the waterfront break-kins.

One resident has reported
seeing a stranger in a yellow
kayak sidling up to nearby
beaches in the early hours.

Others have catled for vigi-
lance, Warning home-owners
and tenants to ensure -win-
dows and security screens are
locked.

A Cable Beach resident told
The Tribune: “With unerm-

ployment rising, and a tight-
ening economy, it’s inevitable
that burglaries will increase.

“People must do everything
in their power to protect their
property. As we can see from}
the Carefree incidents, living!
on the fourth floor is in itself '
no protection.

“The villains are willing to:
climb up buildings if they”
think there are rich pickings. '
Everyone must do their;
auimost to keep the burglars :
at bay.”

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PAGE 4, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE

or Wien - @ -p e-

The iribune Limited | Value for dollar
deters Canadians

Being Bound to Swear to The iogmas of No Master

LEON E. H. DUPUCH, Publisawer/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 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

Hard times lie ahead

THE BUBBLE has burst, the party is over

and the world is suffering.

The Bahamas, dependent on tourism, cannot
insulate itself against the fallout. Many persons,
who have lived and vacationed for years on a
style beyond their means, are now crawling
back into their shells to salvage what they can.
For many, vacations are at an end, thus hitting
our number one industry — tourism — in its
solar plexus. Aircraft, needed to bring visitors to
our islands are also hard hit as fuel costs have
crippled their bottom line and many have gone
out of business. .

Airfares being charged are not conducive
to travel. For example on Monday a round-trip
ticket to cross the 50- minute flying distance

from Nassau to Miami by American Eagle was |

$790; USAir, code sharing with Bahamasair,
was charging $1,009 — leaving Monday morn-
ing, returning Monday evening. Yet three weeks
ago British Airways had a fare of $143 round-
trip for a nine hour flight from Heathrow, Lon-
don to Nassau. Of course, these are all fares
without taxes. In many instances, certainly in the
case of British Airways, the tax more than
tripled the low fare. Yet, the British Airways
fare, even with taxes, was still below fares being
charged for the short Gulf crossing. How can the
Miami-Nassau fares be justified for such a short
distance if British Airways can cut fares so dras-
tically for the long Atlantic haul?

The Bahamas will have to try to attract air-
craft with cheaper fares to service our islands if
tourism is to be maintained.

Occupancy in many of our hotels are below
survival figures, and as a consequence Bahami-
ans, who for years enjoyed good wages, sup-
plemented by lucrative tips, are now working
only two or three days a week.

Russell Miller, president of the Bahamas
Hotel Association, speaking at a Toastmasters
Club luncheon Wednesday, said the forecast
for Bahamas tourism is the worst that it has
been for a long time.

Tourism, he-said, has been declining and is
down generally with air arrivals and cruise
arrivals both plummeting.

Mr Miller said that in the tourism sector,
even Atlantis was finding it tough. Atlantis has
closed the Beach Towers, while RIU — a non-
union hotel — is closing for three to four
months, putting 300 to 400 workers out of a
job.

Suddenly, Bahamians — with little prior
warning — are feeling the pinch. Government
has stepped in to help by turning on the lights of
those who cannot meet the extra BEC sur-
charge, and trying to assist the needy through



DON STAINTON
PROTECTION

Social Services. We agree with former Finance
Minister of State James Smith that “any move to
try and alleviate some of that stress is certainly

‘a good one,” but it should not be a piecemeal

rescue package.

“I think,” he said, “we need a more holistic
and comprehensive approach to dealing with
this crisis, which would include among any num-
ber of components, some mortgage relief. But
above all a comprehensive package ought to
include some very detailed analysis of targeting
to ensure that relief goes to those households
that really need it.”

This is important as many Bahamians are a
venal lot with no consciences when it comes to
dreaming up creative ways to add to their
income and cheating the system.

We have already heard many cases of per-

* sons who are not working as many days as they

used to, cheating National Insurance by get-
ting a doctor’s certificate for sick leave, although
there is nothing physically wrong with them.

We have heard suggestions that money allo-
cated by Social Services for the needy will be
depleted because of the heavy strain now being
put on it by persons —not so needy — also
cheating the system. It reminds us of the meals
and toys that generous donors have tried over
the years to provide at Christmas time for chil-
dren who are really in need to find children
turning up to receive a poor child’s toy whose
parents can afford to send them to the party in
Nike shoes. We often wonder how some people
can live with their consciences.

Although Social Service claims to now have
under control attempts to cheat the system by
persons trying to collect multiple assistance
benefits, we wonder, especially having heard a
few days ago how a certain person, who did
not qualify for assistance, was still receiving it.

A conversation between two women was

‘overheard recently. One “oman was telling

another —- who had two chilcren in private
schools — how her cousin in similar circum-
stances was getting assistance by not telling the
truth. The mother was being told in detail how
to:manipulate the system.

We are told that from the tone of the con-
versation the woman with the privately edu-
cated children was going to take her chance. It
is understood that this conversation took place
in a government department.

What chance do the poor have when the
greedy have no consciences? Government must

remember that this generosity is made possible .

by taxpayers who must be assured that their
taxes are being dispersed honestly to benefit
the most needy in our socicty.







poorly representing the inter-



from coming to
the Bahamas

EDITOR, The Tribune.

THE easiest way to explain
the lack of Canadian interest
in the Bahamas for a vacation
destination is “value for the
dollar.”

Most Canadians who plan
to travel to a warmer climate
this winter will start to look,
and book this very month.

These very same people will
also look at our exchange rate,
which is 0.94 cents to the
US/Bahamian dollar.

After looking at destina-
tions like Florida, Cuba,
Dominican, Mexico, Jamaica
and, yes, Bahamas, they
quickly see that the cost to
stay in the Bahamas is quite a
bit higher than the other pop-
ular spots mentioned.

It’s not the cost of flying
here that they are not keen
on coming, it’s the unknown
cost to feed themselves and,
or their families.

Most Canadians look for all
inclusive, they would rather
know the total cost for their
vacation, before they leave
their homes.

To go ahead and book a
vacation and then find out that
it costs them roughly $80 per
day, per person for the break-
fast, lunch and dinner buffet,
and that’s not including an
alcoholic beverage, leaves a
bitter taste in their mouths
when they:leave.

We are a nation that expect
good service, not demand it,
unlike our counterparts to the

LETTERS

letters@trieuunemedia.net






south.

We are also known to be a
nation that tips very well, even
when that 15 per cent gratuity
is placed onto our bill, we still
leave a tip.

Just to provide an example
of the level of service or atti-
tudes that I have experienced
in and around the Bahamas.

My wife and I decided to do
some shopping downtown one
Saturday morning, we arrived
early in the morning so we
could have a little breakfast
and wait for the shops to
open.

After spending close to $600
in various shops, I was
approached by a cab driver as
I was placing our bags into the
car, who was quick to inform
me that I was not allowed to
park in the spot that I had
chosen earlier that morning.

At this time I tried to show
the cab driver that I, in fact
was parked in the proper spot
and there was no “Taxi Only”

in bright yellow lettering and

the lines that I was parked
between were white.
Not like where he was

parked which was directly

behind me. He quickly got agi-
tated and told me “ fine park
there, I'll have you towed.”
At this point the lady who was
working in the store that I was

parked in front of, and who
was watching all this unfold,
raced over to us and told me,
“T’ve been working down here -
for fifteen years and you ain’t.
got no right to park ’der.”

Now I’m sure that if anyone
reads this article, they can see
the real reason behind this cab
driver’s motive to get me to
remove my car and never park
there again.

These two people who felt
they were going to straighten
me out on who parks where
and when, do not have to wor-
ry about their parking spot,
we avoid shopping downtown!

I wish I could say that this is
an isolated incident.

There are other cases where
I, and even guests that have
come to visit us, got the
impression from the Bahamas
“just give us your money and
leave.”

I would ask that the
Bahamian people understand
that we do not paint that ugly
brush on everyone, we have
met and become very good
friends with a great group of
Bahamian people, ranging in
age from early twenties to ear-
ly sixties. ;

Like the Bahamas, Canada
has experienced in the past
that it only takes a small group
of people to ruin your tourist
industry. .

D BELL
Nassau,
October, 2008.

Why politicians disappear
once they’ve been elected

EDITOR, The Tribune.

Adrian Gibson wrote a very
interesting article in The Tri-
bune yesterday entitled:

“We must find a way to get
rid of inept bench warmers.”

The article included these
two quotes:

“After a general election, a
majority of locally elected

politicians have been known .

to adopt an air of master-like
superiority, suddenly becom-
ing scarce and indifferent or

uth © P.0. Box N-7984 * Nassau, Baham
THOUGHT FOR THE WEEK
“Your decision about Jesus

ests of their constituents while
seemingly disregarding the
notion that they are ser-
vants/agents of the people.”,

“The public is disenchant-
ed with politicians who show
up every election cycle, beg-
ging for support only. to dis-
appear once elected.”

While I don’t want to make
excuses for the politicians who
appear to do nothing, what
could be a part of the prob-
lem is that the people to
whom they looked for support
and assistance (the hundreds
of campaign workers) have
also become scarce and indif-
ferent. In fact they often dis-
appear!

As soon as elections are
over, people get what they can
and then they disappear'until

people he represents to make
a difference.

Let’s wake up people, and
realise that the representative .
is only the vessel through
which the needs of the peo- .
ple are met. Get up, work with
him or her and insist that his
goals and objectives are yours.

Think about it! When was
the last time you went toa
constituency meeting ora
town meeting, or sent a letter
or even made. a suggestion?
Maybe never!

Your MP can only sit on
that high and mighty throne
and forget that he is the ser-
vant of the people if you - the
people allow him to. It’s your
choice!

determines your destiny.” the next election. It defeats BARBARA
WE SELL OUTER SPACE SUNDAY SERVICES the whole purpose doesn’t it!? DONATHAHAN
| 7:00am, KIT, 15am The MP is only one man -HENDERSON
PASTOR EARLE FRANCIS J.P.,D.D. and cannot do everything ‘Nassau,








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alone. It takes him and the September 30, 2008.

The law seemingly does
not apply to everyone

EDITOR, The Tribune.



.

HERE is something interesting about the article in Thursday's
paper about the cars being towed from Dowdeswell Street. Chief
Officer Deleveaux is quoted as saying: “The law is clear that offi-
cers in uniform can remove vehicles that are an obstruction. It
really doesn’t matter where the car is or who it belongs to as long
as it’s causing an obstruction.”

_ Well, Mr Deleveaux, where were you and the law when several
BTC vehicles mysteriously caught a virus at the same time and died
on Bay Street? Is Bay Street not in your jurisdiction as Tourist
Police chief officer, these vehicles were definitely causing an
obstruction, it seems the law does not apply to everyone.

Instead of dealing with a situation that clearly embarrassed the
Bahamas in the face of our tourists at a time when every foreign dol-
lar counts, it would appear that you prefer to inflict more financial
pain on our already stressed citizens by having their cars towed.

It is not our problem that the Ministry of Works did not put the
signage back after repaving. Being a business owner I have been
told that the law states that proper signage must be in place in order
to have vehicles towed and I still have cars blocking my service area
which is clearly marked.

If this is how the law works then I feel [should give more serious
thought to donations which we have given the Police Force over the

~ years, both personal and business, after all this is a time when
every dollar saved counts.

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THE TRIBUNE





Three in court on
weapons charges

THREE people were
arraigned in a Magistrate's
Court yesterday on weapons
charges.

Nicola Black, 26, a Jamaican
national and resident of Glad-
stone Road, Cedric Gaitor, 25,
also of Gladstone Road, along
with Chaniqua Bastian, 22, of
Yellow Elder Gardens were
arraigned on the charges before
Magistrate Derrence Rolle at
Court No 5 Bank Lane.

According to court dockets,
the accused on Sunday, October
12 were found in possession of a
.40 USP compact 9mm pistol. It
is also alleged that the three
accused on the same day were
found in possession of handgun
with the intent to endanger the
life of police Corporal 340 Fox
and police Constable 2170 Mel-
bourne. It is further alleged that
the accused were found in pos-
session of seven .40 bullets.

Police have also charged
Black, Gaitor and Bastian with
causing $1,000 in damages to a
1997 Nissan Cerrio, the proper-
ty of Graham Lightbourne, and
damage to a 1995 Acura Leg-
end, the property of Ann Marie
Newbold. It is also alleged that
the accused caused grievous
harm to Michael Williams and
assaulted Jermaine Douglas
with a deadly weapon, namely a
vehicle, on Sunday, October 12
at around 9.20pm. The three
accused pleaded not guilty to
the charges. Black was granted
$5,000 cash bail. Both Gaitor
and Bastian were granted bail in
the sum of $8,000.



to colonial on — political activist

Europe in ways pre-Indepen-
dence (thinkers) could have nev-
er imagined,” he said.

Minister of State for Finance
Zhivargo Laing could not be
reached for comment yesterday
as he was travelling outside of the

m@ By CHESTER ROBARDS
Tribune Staff Reporter



. SIGNING onto the Economic
Partnership Agreement (EPA)
will transport the Bahamas back
to colonial days, according to PLP
member and social and political
activist Paul Moss.

Deputy Prime Minister and
Minister of Foreign Affairs Brent
Symonette was in: Bridgetown,
Barbados, yesterday, meeting
with other CARIFORUM heads
of state to sign the agreement
which has been hotly debated for
the past few years.

“Today is clearly a very sad
day,” said Mr Moss. “This agree-
ment calls for the elimination and
the reduction of Custom duties,
which represents 60 per cent of
the revenue that we take in to
provide services for this country
up and down this archipelago.

“They (the government) have
no plans for other ways to pro-
duce revenue. It is gross negli-
gence and extreme incompetence
to sign on to this agreement under
those circumstances,” he said.

Though there have been many
proponents for the signing of the
EPA, many of them have not
been able to define noticeable
positive changes for the Bahami-
an economy upfront.

However, the naysayers have
pointed out what could be almost
immediate effects on the econo-
my and what they consider to be
holes in the government’s plans
regarding to the agreement.

“Tf you have regard for what is
going on in the world today -

New moves to combat tee ea beets ele Cerny

when you see that even first world
nations are in crisis, which means
that potentially the Bahamas is
in crisis — that tells you that you
need to take stock and do things
in the right and proper way,” said
Mr Moss.

“The government ought to
hang its head in shame and each
one of them should tender their
resignations because I cannot
believe that they would sign on to
an agreement that jeopardises
even getting help for the govern-
ment to potentially pay for ser-
vices down in Inagua or
Mayaguana or Acklins or
Crooked Island.

“The Bahamas is not New
Providence, it is the entire coun-
try,” he said.

Mr Moss said that in his view
one of the most “damning” parts
of the EPA is the “Most
Favourite Nation” clause.

“You are agreeing to most
favourite nation status,” Mr Moss
said. “We are giving to Europe
something that we have not given
to the United States. Europe rep-
resents six per cent of our trade
and the US represents 90 per cent
- we have not given that to the
US. Geo-politically it is just out of
whack,” he said.

The EPA is a trade agreement
that is designed to provide a more
liberal trade agreement between
CARIFORUM countries and the
European Community and will
progressively allow certain
exports from the two regions to
enter each other’s territory duty
free and.quota free.

However, Mr Moss said in his

view the agreement could even

further erode what culture the
Bahamas has left.

“One wonders what Sir Lyn-
den would think, or what he
would do, knowing that 35 years
after Independence we have a
government who is prepared to
sign the Bahamas back into

@ By LLOYD L ALLEN
Tribune Staff Reporter

CONTINUING the fight against illegal immigra-
tion, the government will soon be launching a new
and more convenient system for Bahamians to
report suspected illegal migrants, State Minister for
Immigration Branville McCartney announced yes-
terday.

Following Wednesday’s Straw Market raid, Mr
McCartney vowed that Immigration officials will
soon increase their efforts even more to reduce the
number of illegal workers in all businesses and
industries throughout the country.

With complaints coming in on a daily basis from
an array of industries regarding the unlawful employ-
ment of immigrants, Mr McCartney told The Tri-
bune yesterday: “Very shortly we are going to be
putting a system in place which will make it even eas-
ier for persons to call in and make complaints, and
rest assured that we will follow up on those com-
plaints.”

This latest Straw Market raid comes after a wave

of complaints from a group of disgruntled Bahami-
an vendors, who claimed that a large number of
illegal migrants were either working without proper
documents, or were leasing stalls from Bahamians
illegally.

“This is cause for concern, if a Bahamjan applies
for a stall permit for a specific person, but inten-
tionally hands that stall to someone else who is not
a registered vendor, quite frankly that’s fraud,” Mr
McCartney said. He said that if the claims that some
Bahamians are leasing their Straw Market stalls to
illegal migrants can be proven, the permits of the
local vendors will be revoked.

“Possibly there could be fines levied if charged,
but certainly once we’ve done the necessary inves-
tigations, those permits will be revoked,” he said.

For the year, the Department of Immigration has
been successful in apprehending and repatriating a
total of 5,385 immigrants.

Included in that number are 4,565 Haitians, 367
Jamaicans, 117 Dominicans, 51 Brazilians, 68
Cubans, and others. In July, overall repatriations
were highest, totalling 922 people.

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PAGE 6, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE



LOCAL NEWS

91 Haitian migrants are
detained by Defence Force



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A TOTAL of 91 Haitian
migrants are detained at the
Carmichael Road Detention
Centre after being apprehended
by the Defence Force for
attempting to land illegally in
the Bahamas on Tuesday after-
noon.

While on routine patrol at
around 2.30pm on Tuesday, a
Defence Force vessel spotted a
40-ft blue and white Haitian
sloop 10 miles east.of New
Providence.

A further investigation of the
vessel revealed a large group of
undocumented migrants aboard
the boat — 73 men, 15 women

be in fair condition, the Defence
Force said.

The unsanitary state of the
sloop dictated that the men and
women be taken aboard the
Defence Force craft.

They were all transported to
New Providence. They arrived
shortly after lam on Wednes-
day morning and were turned
over to Immigration officials for
further processing.

A FEMALE migrant along with her
child in search of a better life.
They are a part of the group
apprehended on Wednesday

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Call for more modern, efficient and
‘accountable’ Post Office Department

@ By KATHRYN CAMPBELL
Bahamas Information Services

A SENIOR government official has called

for a close examination of the Bahamas postal.

service that will result in a more modern, effi-
cient and “accountable” Post Office Depart-
ment, :

Addressing employees of the Post Office
Department at a World Post Day luncheon last
Thursday, permanent secretary in the Ministry
of Public Works and Transport Anita Bernard
said that during the past century there have
been many significant changes tu the Post Office
Department. —

Included among them are the accelerated
development of information technology,
increased demands for services, increased expec-
tations of the public and increased competition,
she said.

Despite these changes, Mrs Bernard said the
work of the Post Office Department continues
to be relevant to the further social and eco-
nomic development of the Bahamas.

“As we seek to improve the Post Office
Department, I cannot over emphasise the need
for commitment at all levels of the postal service.
. cah assure you that your support will be as
vital in the future as it has been up to the present
time,” she said.

The post offices and sub-stations scattered
throughout the country have provided and con-
tinue to provide a very valuable link among the
islands and between the Bahamas and other
countries of the world, the permanent secre-
tary said.

SAVE THE DATE!

“It really serves your banking and commu-
nication needs, in addition to many other areas.
Today, on many islands we still have to depend
on the post office for banking services.

“So, you know very well the vital role that
you play in seeing to it that the communication
link remains strong, not just in New Providence,
but throughout the archipelago,” she said.

“We know that requires mail delivery by
both air and sea. So the mail boat serves quite a
vital link in that.”

Mrs Bernard recognised the contributions
of the Post Office staff and thanked the long
serving employees, the 2008/2009 Employee of
the Year, and the nominees who were recog-
nised at the luncheon. ~

“On this occasion, therefore, it gives me

great pleasure to thank these honourees for the
work that they perform on a daily basis, some-
times in adverse situations and not always in
ideal physical comfort at the Post Office Depart-
ment,” she said.
, in brief remarks, Postmaster General God-
frey Clarke acknowledged the staff of the Post
Office Department, particularly those who work
in the mail processing area.

“You are a group of people who are often
sometimes maligned. You can sort the mail 99.9
per cent on time, but the .01 per cent you do not
sort on time you will hear about it on the radio,
or on the talk shows. I appreciate your hard
work over the years.”

Special awards were presented to long serv-
ing employees of 10 to 45 years and to Virginia
Hart-Stubbs, selected as 2008-2009 Employee of
the Year.

SAVE THE DATE!

SAVE THE DATE!

@ CAPSIZED BOAT REPORT

CHIEF Supt Basil Rahming said the police
would like to make a correction in reference to
the report police issued on October 14 con-
cerning the overdue vessel that was found cap-
sized off West End. He said that the report
should have included that a BASRA aircraft,
piloted by Captain John Roberts, first spotted
the capsized boat at around 8.45am on Tuesday.

Mr Rahming said the information was imme-
diately relayed to the police and Air Traffic
Control at the Grand Bahama International
Airport which then alerted a BASRA vessel.

“Mr Thomas Rolle of West End upon receiv-
ing the information from the police went out in
his vessel and recovered the stranded persons.
The BASRA aircraft had been up since 8am
Tuesday, searching for the overdue vessel,”
Mr Rahming said.

Five Bahamians were rescued on Tuesday
morning after they were spotted clinging to
their capsized vessel off West End. °

They were all suffering from exposure, dehy-
dration, and hypothermia, and were taken to
the West End Clinic for medical treatment,

Supt Rahming said the five persons were
reported missing after their vessel was overdue
in Freeport on Sunday evening. The group left
Grand Bahama at around Ipm on Sunday
aboard a white fishing vessel piloted by Shawn
Forbes en route to Grand Cay, and were sched-
uled to return to Grand Bahama later that
same evening.

Sometime at around 9pm, the duty officer at
the Police Dispatch Centre in Freeport received
information that the vessel was experiencing
engine difficulties in the area of Mangrove Cay
and was drifting in the darkness.

Mr Rahming said BASRA was notified and

the overdue vessel and its occupants.





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Amoury Company acting director

Commonwealth || . B&B L | )

makes presentation
of technology to
assist teachers

CHAIRMAN of the Com-
monwealth T Basil Donald pre-
sented Minister of Education
Carl Bethel with 120 new lap-
tops and LCD projectors to
assist teachers in the public
school system in performing
their duties in the classroom.

In making the donation, Mr
Donaldson told the ministry
and education officials present
that he is aware that the private
sector must complement the
resources the Ministry of Edu-
cation provides for teachers.

In addition to donating the
computers, the bank set up
book drop-off stands in all of
their branches tor customers
and staff to donate books.

The bank also volunteered in
the “Read to Lead Bahamas
Reading Mentoring Pro-

gramme”, where individuals
from businesses, civic organisa-
tions and government agencies
committed to reading to. grades



PRESIDENT BRIAN MOODY of the Rotary Club
of East Nassau is shown presenting a cheque in the
amount of $9,000 to Jimmie Knowles, representative
of the Bahamas Junior Sailing Association (BUSA).
The initiative involves more than 100 students from
private and public schools that are brought together
during the BUSA’s summer programme. During the

four, five and six students in
public primary schools in New
Providence, Grand Bahama,
Eleuthera, Abaco and Cat
Island each Wednesday from
12.45pm to 1.15pm.

“We believe that. the devel-
opment of our youth is key to
the development of our country
and ultimately our aim is to
develop good citizens,” Mr
Donald said. «

Minister Bethel, joined. by
Elma Garraway, permanent
secretary in the Ministry of
Education, and acting director
of Education Lionel Sands,
accepted the donation and com-
mended Commonwealth Bank
for being a good corporate citi-
zen.

The minister said he was
pleasantly surprised by “the
enormity of gift” and assured
the banking executives that the
schools will put them to good

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He told the corporate part-
ners that the computers will
complement the latest technol-
ogy in the classroom, the
Promethean Board — a comput-
erised blackboard that sparks

‘greater interaction in the class-

room between students and
teachers.

He added that technology in
the classroom will be able to
capture the attention of even
the slow learners, because that it
is what interests today’s stu-
dents.

Jonathan Cacinco, represent-
ing the Amoury Company,
supplier of the computers
land LCD projectors, said
his company was happy to
participate in the effort and that

‘the lessons learnt through

the technology will inspire stu-
dents to attend college, and
return home to build up the
Bahamas.



course of two years, the students are taught how to
sail from the beginner's stage to the level of full-
fledged sailing instructors. “The annual donation is

the Rotary Club of East Nassau doing their part to
insure that junior sailing flourishes in the Bahamas
and that this traditional sport continues for many
years to come,” the Club said. °

Two global risk management credentials launched

TO HELP local businesses and
government to better protect
themselves from natural disasters
and economic risks, Lignum is
launching two risk management
credentials.

Lignum has announced the
launch of two global risk man-
agement credentials — the PMI
Risk Management Professional
(PMI-RMP)SM and the Ameri-
can Academy of Project Man-
agement (AAPM) Certified Pro-
ject Risk Manager.

These credentials, the devel-
opment of which was announced
in July 2008, certifies a person’s
knowledge and experience in the
specialty area of project/business
risk management.

_Dr Cornel Collins, chairman
and CEO of Lignum said, “The
understanding of articulate risk
management is not an option for
corporations and government in
the Bahamas, it is in fact manda-
tory, this is based on our geo-
graphical, and eco-political posi-
tion in the region, risk manage-
ment demands our survival for
the future.”

“PMI, AAPM and Lignum are
always aware that companies
have to always deal with different
types of risk, be it financial, legal,
the success of a new product or
service, mergers and sales, intel-
lectual property, threats of nat-
ural disasters, and the like. These
risks are traditionally treated as
silos. The CFO responsible for
financial risks, IT management

responsible for technology risks, -

legal council responsible for the
companies legal issues.

“But this fragmented approach
to risk is becoming more danger-
ous and risky in itself, as compa-
nies and governments face greater
risks, which threaten their overall
effectiveness and existence. These
risks come in the form of non-
compliance with government reg-
ulations, increasing information
security threats, natural disasters,
project failures due to the pure
fact of not managing and mitigat-
ing project risks,” Lignum said in
a press release. ae

Lignum said it is now more
critical than ever for companies
and governments to develop and
maintain a holistic risk manage-
ment programme that coordinates
these silos because they all have
the same overall goal — to pro-
tect the company and government
and its assets.

“For proper risk management
to be carried out, a company must
understand all of its vulnerabili-
ties and match them to specific
threats. There are certain steps

that must be adhered to, in a

coherent and logical manner, if
not, proper risk management can-
not be implemented, and the
probability of risk damage
becomes greater.

“However, for Project Risk
Management protecting the value
of a project involves dealing with
the uncertainty that will be asso-
ciated with its delivery. The role
of Project Management is to assist
in turning uncertain events and

efforts into certain outcomes and
promises. If this is the case, then
the primary process associated
with project management should
be that of risk management. How
other processes, such as scope,
schedule, and spending manage-
ment support risk management
is therefore critical for successful

project management and for max- ,

imizing the value of our project-
based efforts. One of the more
recently introduced project man-
agement methodologies has at its
core a focus on the management
of uncertainty and risk,” Lignum
said. urd

“The Bahamas has greater
amount of risks, due to the simple
fact, of our economic and geo-
graphical positions. We are very
susceptible to natural disasters;
hurricanes, floods, high winds,
and our economic position is vul-
nerable which is dependent on
tourism and finance, both of

- which are at high risk at the pre-

sent time. The question is, are we
in a position to either, accept,
respond, avoid or transfer the
risk. Companies and government
should be looking at this a long
time ago, if you haven't then now
is the time.”

TROPICAL
EXTERMINATORS

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of education; Lionel Sands,
Department of Education; Elma
Garraway; permanent secretary in

‘Ministry of Education; Minister of

Education Carl Bethel; T Basil
Donaldson, chairman of the Com-
monwealth Bank; William Jen-
nings, chief financial officer at the
Commonwealth Bank, and Denise
Turnquest, senior vice-president
of mortgages and commercial
lending at Commonwealth Bank.

A line up you won’t
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PAGE 8, THURSDAY, OCTOBER 16, 2008 : iT
Bahamas District Pilot Internati

History. °

Founded in 1921 in Macon, oGéorg
organization of executive, businessiant
er to improve the quality of life) inne
serving those with brain-relatedidisard





PROCLAMATION

W rrreas Pilot
International was founded in

1921 by a group of civic-minded
industry professionals and business
executives, who were dedicated to the
promotion of friendship, service and
the improvement in quality of life of
people residing in communities
throughout the world;




























Pilot International emphasizés and
with some 22,000 adult and Anchonn
found internationally in countiridsr
Canada, Japan, Korea, Singapoté, atid

Pilot Club

In addition to the EXECUTIVE; ithe
Members have the opportunity:to she
enjoy working most:.

OPERATIONS: Responsibilitiesrfo
new members and support of club.zhan

PROJECTS: Seeks out community:
with relevant club involvement.

ANCHORS: Coordinates andestaibl
dents in collaboration with the support
ing to the Anchors.

FUND-RAISING: Schedulesialbtha

EACH DIVISION performs .undesd

AND WHEREAS, in the eighty-
seven years of its existence, Pilot
International has experienced phe-
nomenal growth worldwide, to the
extent that there are now.450 clubs
with a combined membership of more
than 11,000 members;



AND WHEREAS, in 1952, Pilot International established its
youth arm, the Anchor Clubs, through which it promotes and
fostérs the spirit of service and volunteerism, and which have
grown worldwide, to the extent that there are now approximate-
ly 10,000 members worldwide, including elementary, middle
school, high school and high school students;

Luncheon. Pilot rns

AND WHEREAS, in 1975 the Pilot International Foundation
was established for the purpose of providing support for the

’ Organization’s charitable, educational and scientific research

. programme; ,



Presser Day is celebrat2
- ed throughout the Pile
world during October, and this : iS,
a time for reflection. To give,
thanks to those persons who had
the vision to form this great.
organization. a
So much has changed in the
past 87 years, I am sure they
would be astonished to see where

AND WHEREAS, Pilot International, working through its
International Foundation and with its Foundation partners,
undertakes and manages a network of humanitarian, communi-
ty, and scholarship programmes;



AND WHEREAS, Pilot International partners with apex
organizations which have oversight for mental and physical dis-

abilities, and assists them in their efforts to promote prevention,
cures and a general improvement in the quality of life of per-
sons living with disorders and disabilities;

AND WHEREAS; The Bahamas District of Pilot International
will join with 22,000 club members on 18 October, 2008 to cele-
brate Founders Day;

NOW THEREFORE, I Hubert A. Ingraham, Prime Minister of
the Commonwealth of The Bahamas, do hereby proclaim
Saturday, 18th October, 2008 as “Pilot International Founders
Day” in The Bahamas.

we are today, but they would be
so proud to see what we have
been doing in our various coms
munities. f
I continue to be proud to bel
Pilot, having joined over thirty
years ago. I am humbled to be
the sitting President of this won-
derful organization at this time
and thank my fellow Pilots -for .
their continued love and support
as we spread "Friendship And
Service Around The World." ——












IN WITNESS WHEREOE , I have
hereunto set my Hand and Seal
this 10th day of September 2008.

To all the clubs in the Pilotsworle
Nassau, Abaco, Exuma and Grandi B’
organization of choice and we williimypr




Ahi”

ASSN SOE OY OP Me Ors 9 erodit Nn JISHD oI 2 OTB
shaplin’s"Meéssage:

i ae
wm a8 st at z atest es ¢ fier

t
eft re

"Tes we celebrate
the vision, fortitude,
and audacity that our early
founders had 87 years ago, in
helping to make our commu-
nities a better place to live,
through Pilot International.
“Where there is no vision,
the people perish”, Proverbs .
29:18.

We give thanks to God for
protecting and keeping. us
safe through Tropical Storm
Hanna and Hurricane Ike. A
few of our islands were badly

damaged, but thank God, no
death has been reported.
Let’s remember our brothers
and sisters in need at home,
and abroad, in the spirit of
spreading, Friendship and
Service. Around The World.”
“Give, and it shall be given
“to you; good measure,
pressed down,and shaken
together, and running over,
shall men give into our
bosom. For with the same
measure that you use, it will
be measured back to you”.

. Luke 6:38

_ BrainMinders
Protecting your brain for life

BrainMindersâ„¢ is the signature project for Pilot International
focused on traumatic brain injury and brain disorders. The proj-
ect encompasses a public service campaign designed to promote
brain awareness; and education programmes for children and
adults.

The award-winning programmes feature safety tips for children
and are presented by Pilot Clubs around the world.

Following a presentation, each child gets a sixteen page color-
ing book which includes information and activities for the parents
and coloring pages with tips and activities for the children.

More than 1,000 children in our primary schools have seen the
presentation. If your school wishes to have your students partici-
pate in this, call any Pilot Club.

PILOT INTERNATIONAL BRAIN POWER WALK
BAHAMAS DISTRICT

Saturday October 4th, 2008, this date will not be forgotten in the
lives of Pilots and their families and friends.

Pilots, Anchors and their families and friends in the Bahamas
District walked on islands of New Providence, Abaco, Exuma and
Grand Bahama.

This was an exciting time; everyone who participated in the Brain
Power Walk was enthused! There was no age limit on the partici-
pants, as there were babies in the stroller, toddlers, teenagers and
adults.

This 1st Annual Brain Power walk was held to bring public aware-
ness to the work of the local Pilot Clubs in the Bahamas and to “fit”
the members. Following the walk participants were given a bag of
fruits and members fellowshipped in Pilot Love and Friendship.

SERVICE WITH A PURPOSE

Pilot’s service focus involves promoting awareness of brain-related
disorders, and helping those affected through volunteer activities,
education, and financial support.

In 2001, Pilot International launched its signature project,
BrainMinders. Founded by a gift to Pilot International Foundation
from the estate of Callye Neese, BrainMinders is Pilot’s public serv-
ice campaign signature project aimed at increasing awareness of
brain injuries and ways to prevent them.

PILOT CLUBS MEETING TIMES

COMBINATION OF BUSINESS AND PROGRAMME MONTHLY MEETINGS

LUNCHEON PILOT CLUB

3rd Tuesday - 12:30 p.m.

Sandals Royal Bahamian Hotel
President - Bianca Dean-Willie
Bianca_willie@hotmail.com
President Elect - Giovanna Charles
Secretary - Sophie Cason

LUNCHEON MEETINGS

LUCAYA CLUB

3rd Wednesday - 12:30 p.m.
Xanadu Beach Hotel

President - Laurraine Dawkins
laurrained@hotmail.com

President elect - Laverne Atkinson
Secretary - Retia Gibson -Hall.

























Downtown Pilot Club in our communites.



| oday we. continue ‘to

: build on the firm fou
dation of friendship and comm
nity service which exemplifi
the Pilot organization.
motto, ‘True course Ever' and
our symbol, a pilot's wheel is a
beacon of hope to many commu-
; t : : nities throughout the world.
; F ge 4 ‘ \CDespite all the good we do, much.
‘ . . remains to be done. It is an ho
our to work in ou
communities,improving one lifé
at a time. We do want to lea
' our ‘footprints’ and yes our
handprints of service for years to"
come as we continue to make a
worthwhile difference.

EN y
SOSH
eo e SS ‘
“ Saas
REET NT
\

i





Thank you Pilots for all that
you do, for your generous and
unselfish contributions of time,
effort and treasure, to effect
change and improve lives. You—








activiti

A funds derived from our fundraising efforts are returned] to our com-
munities to assist in civic activities.

A signature event for the Nassau area is the Memories Ball, which kicks off
the holiday season, this year we celebrate at Super Clubs Breezes on November.
8th, 2008.

In the Freeport area, it’s the elegant Tea and Fashion show.

Join with us in improving our communities by touching lives, from having.
soup kitchens, visits to senior citizens homes, The WillieMae Pratt Centre, to
engage in Coastal Awareness Cleanup in the Abacos and Free Fair in East End,
Grand Bahama.

pus to school
at the Sandy

Thanks to the Pilot Club - South Abaco, soon students taking the
in Marsh Harbour will have a protective shed to wait under and
Point Primary School two Zebra Crossings will be put in place.

Central Pilot Club has had a FUN DAY, walk, and push-a-thon with the
Bahamas Council for Disability, AND soon, after many years of fanaing and
fund-raising, the Pilot Club of Nassau will build a swimming pool which will
cater to the community of persons with disabilities.

We invite everyone to join us in this exciting exercise.

Remember those tasty corn dogs at the Annual Red Cross Fair,
that!

We have partnered with REACH, to heighten awareness of Autism in the
Bahamas and over the years have donated to the Cancer Society, Hurricane
relief efforts, the Stapleton School and other charitable causes.



es Pilots do



PILOT CLUB of FREEPORT DN
2nd Wednesday - Mary Ann’s T bie
Restaurant - 6:00p.m.

President - Camesha Lightbourne
camesha_lightbourne@hotmail.com
President elect - Donna Jones,
Secretary - Camille Wyatt

DINNER MEETINGS

PILOT CLUB of NASSAU

3rd Tuesday - 6:00p.m.

Super Club Breezes

President - Nikola Dawkins
ndawkins@btcbahamas.com __
President Elect - Elizabeth Burrows,
Secretary - Andra Poitier

|

are the best! Enjoy our Founders:iDay:














THE TRIBUNE

eh cangeres na
ent

‘onal celebrates Founder’s Day %&

6 Yervice

iap Pilot International is a volunteer
tmrafessional leaders working togeth-
xmmmiunities throughout the world by
tansidnd disabilities.

‘versified international membership,
embkrs worldwide. Members can be
nehiding the Bahamas, Argentina,
the Linited States.

Structure

celard four divisions in a PILOT Club.
ae their talents, in areas where they

vomemibership activities, Training for
uals, by-laws, ect.
needsrand prepares to support them

shekethe Anchor club, advises the stu-
istaffifrom the school. Provides train-

futidbaising activities of the club.
hesdirection of'a COORDINATOR.









RE

dspecially the clubs in the Bahamas,
hidnharswe belong to the best service

oveithe quality of life for those living »

Happy Founder's Day.
With Friendship and Love,

Debbie Archer

enfiPilot International * 2008 - 2009



“elation,
In Friendship and Service

‘ie Hall- -Campbell

aiée Governor ¢ Pilots International

PILOT CLUB of ABACO
3rd Tuesday - 7:00p.m.
Central Abaco Primary School
President - Andrea Chu
cpilotabo8@yahoo.com
‘resident elect - Sindy Charles
‘cretary - Robertha Lindsay














Pilot Club of Exuma




ince Pilot International was chartered in 1921, Pilot Clubs have undertak-
en service projects involving young people and their needs. In 1952, Pilot
adopted the program of sponsoring Anchor Clubs.

Anchor is now 50 years old and is made up of over 10,000 members.

Memberships i in an Anchor Club allows young people to make a dynamic dif-
ference in their world through Orne service...and have FUN while helping
others. .

Anchors learn valuable skills that prepare them to be good citizens for the rest
of their lives.

The first Anchor Club in the Bahamas was the Anchor Club of St. Augustine,
chartered in 1977.

Today there are thirteen clubs in various high schools in the Bahamas.

At July’s International Convention, in Phoenix, the Anchor Club of Lucaya
was recognized for their outstanding achievements in the Freeport area. Angela
Burrows won the overall Anchor Advisor of the year award.

A leadership seminar will take place for the anchors at C.C. Sweeting School
on November 1st, 2008 9:00a.m. - 12noon.

All officers will be installed on November 16th, 2008 at C. R. Walker High
School at 4p.m. The public is invited.

The annual Anchor Conference will be hosted by the Freeport Anchors
February, 2009.



















DOWNTOWN PILOT CLUB
3rd Tuesday - 6:00p.m.

Sandals Royal Bahamian
President - Sophia Walker
downtownpilotclub@gmail.com
President Elect - Beverly Bethel
Secretary - Karen Sweeting

PILOT CLUB-SOUTH ABACO
3rd Tuesday - 7:30p.m.

James A. Pinder School
President - Paul Pinder
claudia_pinder@hotmail.com
President Elect - Annie Darville
Secretary - Vernice Bain.

v

CENTRAL PILOT CLUB
3rd Wednesday - 6:30p.im.
Sandals Royal Bahamian
President - Andrea Fountain
andreafountain@hotmail.com
Secretary - Angela Albury

THURSDAY, OCTOBER 16, 2008,

rut

Code of Ethics
Pilot International

ealizing that whatever a. Pilot touches should be

ennobled by that touch, we, as business leaders, are
resolved to make our business standards high, to do our work
in every place in which we are employed as if it were our life
work, never omitting an opportunity of doing a kindness or
making a friend; to put into our business dealings a note of
sympathy for humanity; to follow truth; to do our best from
dawn till night; and so to live in the discharge of our duty, so
to take care of every responsibility that comes before us that
we shall radiate that which is unselfish, beautiful and true; and
when we shall have finished with our tasks we shall have given
an upward impg¢tus to human ideals and achievements.

With this resolution before us then, we believe it is our duty
as Pilots:

To consider our work worthy and ourselves worthy of our
work, exemplifying in it at all times the Pilot motto, nis
Course Ever.”

To work each day at that which is before us seriously, vigor-
ously, calmly, cheerily; to improve ourselves in every possible
way; to increase our efficiency; to enlarge our visions.

To be ambitious to succeed, but always to be ethical, desir-
ing nothing that is not achieved by justice, honesty and fairness.

To live in the presence of the great eternal laws, which will
keep us patient when the task is irksome and calm and
unspoiled when we seem to succeed.

To acquire self-control and self-reliance; to be ready to give
as well as take; to develop in ourselves an appreciation of the
finer things of life; to be honest and generous; to help, not to
hinder; to be slow of criticism and quick with praise.

To cherish our visions and our ideals; to cherish the music
that stirs our hearts, the beauty that forms in our minds, know-
ing that on these things we can build our world, for visions and
dreams are the seedlings of reality.

To be loyal to Pilot in thought, word and deed.

To see no evil, hear no evil, speak no evil, think no evil of a
Pilot, but to be no more loyal to a Pilot in this respect than we
are to every other person, for the genius of Pilot is in its kind-
ness, and justice is the soul and substance of life.

—Pearl! Sparks
Pilot Club of Florence, AL - 1926

Share Pilot Events

S= an activity is an opportunity for members to invite
friends and colleagues to learn about the organization
through relaxed presentations and discussions and if they like
what they hear, complete membership application.

The*next ‘Share Pilot’ is set for October 25th, 2008 in Nassau
and in Freeport on December 17th, 2008. Ironica Baker-Morris
and Francis Ledee, charter members of the Pilet movement in‘the.,
Bahamas yt: ago arg still dctive-today, other: dongitime tmem-~.
bers’aré* nee IN SEO Oe

Carolyn Roberts; Debbie Archer, Rita Spriggs, Brenda
Ingraham, Elizabeth Sweeting, Alice Musgrove-Rolle and Kayla
Burrows,. Chenena Gibson, Katie Nixon, Sylvia Fernander,
Zelma Dean.

Two hundred and fifty members in nine clubs make up the
Bahamas District.

Pilot interianonal officers in the Bahamas District are:
Deborah Archer - President - Pilot International

Rita Spriggs - Pilot International - Operations Coordinator
Virginia Hall-Campbell - Governor - Bahamas District
Angela Rahming - Bahamas District Treasurer

Emily Glass - Bahamas District Secretary

Jethlyn Burrows - Governor Elect - Bahamas District
Carolyn Deleveaux - Bahamas District - Chaplain

Beverly Wilkes - Pilot International ECR

Fifteen other pilots serve as appointees on the District Council.
The Bahamas attained District Status in 2004 and four members
have served as Governor:

Katrina Cartwright - (Nassau) 2004 - 2005
Loretta Parris - (Freeport) 2005 - 2006

Alice Musgrove-Rolle - (Nassau) 2006 - 2007
Antoinette Carroll - (Lucaya) 2007 - 2008

Schedule of Events.

OCTOBER - 2008

MEMBERSHIP MONTH

JOINT FOUNDERS DAY MEETING

Donation of Blankets to Rand Memorial Hospital (Lucaya)
Road Traffic Safety Seminars (Abaco)

Golden Oldies Nite (South Abaco)

Souse Out (Exuma/Downtown),

Share Pilot (Nassau)

Brain Minders Presentation (Luncheon)

NOVEMBER 2008

WillieMae Pratt Centre Visit (Luncheon)
Memories Ball (Nassau)

Jumble Sale (Abaco)

Thanksgiving Lunch For Senior Citizens
(All clubs All locations)

Sandilands Hospital Support Team (Nassau)

°

DECEMBER 2008

Share Pilot (Lucaya)
Club Christmas Parties
Assist with Salvation Army Bell Ringing



PILOT CLUB-EXUMA

3rd Sunday - 4:00p.m.

Resource Centre

President - Stephon Brice
exuma-pilots.club@google.com
President Elect - Delglicia Smith
Secretary - Erica Williams
PAGE 10, THURSDAY, OCTOBER 16, 2008

i SL er
Solutions to some of the Bahamas’ problems

m@ By AN EXPATRIATE

BAHAMIANS! I regard myself
as a guest in your islands. I have a
permit to be here and by living
here as a retired person, I am a

100 per cent contributor to your
economy.

1 am not economically active
in any way for myself. Like a guest
in a hotel I can see some things
that are wrong with your islands
and solutions to make things bet-

Dear Mom,

ter. Do not take me as ungrateful
for being allowed to live here
either!

By and large you have a lovely
way of life, a live-and-let-live atti-

Happy Birthday! You were

one of those special people who
opened your heart to others...who
never thought twice about giving of

yourself and

striving to make a

difference.Gometimes life gets so-
busy that and we seldom let those we
care for know how much they're loved.

— &o now on this special day, this wish
comes just to: tell you that you're
thought of in the warmest way, so
many days all year,and hoping your
birthday brings all the happiness a
special person like you deserve.

Thinking of you and wishing you a

Pesei ful Day!



()




















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Love Always.

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tude and by and large the folk
here are lovely, welcoming peo-
ple. Like any society in the world
you are let down by the few, who
are too selfish and irresponsible
to care about everyone else.

Many of my Bahamian friends
have told me to write to the Prime
Minister with my thoughts but I
am not after self-gratification, so I
would rather share these thoughts
with you. In my view it is up to
you to present ideas to your polliti-
cians, not me.

As my perspective is different
to yours, I see things differently,
and with a different focus to you.
Expat friends tell me that I will
give up in the end and just accept
your: ways and do nothing. But I
am not quite like that. Nor do I
think that some things are better at

‘home and should be imposed on

you. But some things you do are
either surprising or worrying.
Some of the things you accept, you
really don’t have to.

You have got to get your act
together before it is too late. In
some cases it is almost too late
now. Please listen to what I have
to say and think about it.

This week my apartment build-
ing was burgled for the sixth time
this year. No-one can sleep in their
apartment with the windows open
in case someone climbs the bal-
conies. Even on the fifth floor. We
are no longer safe, and neither are
other buildings around us that
endure the same crime wave. Yes,
most folk here are expats but by
no means all. Some are essential
workers in your community, oth-
ers have retired here. But think
of this. If we expats get scared and
leave what happens to you? What
happens to your property prices?
What happens to the army of
workers, plumbers, painters to
computer technicians that we give
work to?

The people who are doing this
are, in fact, burgling your econo-
my, burgling and mugging your
future livelihood.

Your murder rate is a disaster
of epic proportions. Compare the
Bahamas to a town in England
called Reading. Reading, taking
into account the surrounding dor-
mitory areas, has a population sim-
ilar to the Bahamas. It has crime
and drugs, too. But its murder rate
NEVER gets into double figures,

That is less than 10 per annum.

Here your murder rate is a terri-
fying 68 so far this year. Does that
put it into perspective for you?

The only things you have to sell
to the world in the Bahamas are
sun, sand, financial services and a
nice climate.

If Obama wins, your financial
services will shatter and disappear,
taking many decent jobs away
from Bahamians. This is because
Obama wants to shut down off-
shore financial services industries
all over the world and tax the off-
shore money.

It is very doubtful if your gov-

ernment intends to’stand up to
him, your last one did not stand up
to the Americans and the chickens
are coming home to roost from
that with the IRS having too much
access to accounts held here. He
may change his mind, but don’t
bank on it!

Obama is a high tax, big inva-
sive government president who
will need staggering tax revenue to
support his plans. Americans are
going to struggle with this, find-
ing they have less money to spend.
Can America afford Obama? And
if they do elect him what happens
to you? How about the obvious?

Less US tourists. How about less _

expats wanting to live here? How
about a collapse in your property
values?

None of us.can make accurate
predictions about the future but
the storm clouds are building for
you at the moment.

The financial industry faces
another aching conundrum. The
world is in a financial crisis. Make
no mistake about it. The Irish
pushed over a significant domino
the other day that will shake the
world.

They are guaranteeing all bank
deposits, 100 per cent. Denmark,

Sweden and Austria have followed ~

forcing Germany to break ranks
and do the same. The Spanish will
follow, and at some point all of
Europe will have to do the same.
This is because if they don’t, mon-
ey will disappear from their
economies to where it is safe. The
USA has yet to do this. Can it
even afford to do so? If it does
not, money. may flee to Europe.

| he US faces a frightening
scenario. Even countries
like Iceland are in default, with
the UK government freezing Ice-
landic assets at the moment as Ice-
land refuses to guarantee huge
bank deposits for commercial or
government account holders.
Money is a serious issue to every-
one at the moment. ,
Your biggest industry is
tourism. Your hotels are operating
at 10 per cent capacity and many
staff are on. two-day weeks. That is
today. What happens after Christ-
mas? If Obama is in and the world
financial crisis drags on, the
Bahamas will have a rotten 2009.
Certain elements of your soci-
ety, all too ready to take on the
gangsta rap image, are going to

go on a crime and muggings ram- »

page. What happens then to your
tourist industry? You are only a
whisker away from being labelled
a dangerous destination now, nev-
er mind if things get worse.

A few more American tourists
shot up or mugged and Ameri-
cans won’t come any more. Then
what will you do?

Then there are some Bahami-
ans with a frightening attitude.
Their attitude is “we were slaves
once, now white boy it’s your turn
to pay for that because if I-can’t
gouge your money out of you, I
am going to make trouble for
you”. I thought we were trying to
get rid of racial prejudice in the
world? I know two households

who have had enough of that atti-

NEEDED

A well established Company seeks an Accounts Clerk |
with the ability to, but not limited to the following

duties:

Maintain Payables System
Maintenance of Inventory Spreadsheets
Prepare for and complete month end inventory

counts

Preparation of bank and other balance sheets
Reconciliations and various general ledger
accounts to sub ledger

Prepare Schedules to assist in External Audits
Assist in other duties falling within the
Accounts department where necessary

Candidates must possess the following skills:

Associates Degree in Accounting
Experience in Reconciliations
Experience in Accounts Payables would be

an asset

Excellent organizational and problem solving

skills

Proficient in Microsoft Office Products

particularly Excel.

Must be a team player and possess people skills

All Applications must be submitted by October 31st

2008.

Apply to:

DA 68551
c/o The Tribune
P.O. Box N-3207
Nassau, The Bahamas



tude, having had some bad expe-
riences and they are leaving for
good, Only you the Bahamian
people can tell these people their
attitude stinks.

Thankfully, they are in the
minority, most Bahamians being
lovely folk, but don’t forget in any
society we all get judged by our
worst elements. Think of Jamaica
if you want proof of that.

Oh don’t think that “quaint”,
rundown Nassau appeals very
much. Some surrey drivers treat
their horses to terrible cruelty and
should be forced out of business.
You know this and do nothing.
You are therefore guilty by default
of condoning animal cruelty.

Tourists look on horror at lame
horses being whipped on and
forced to work by cruel drivers.
Then there are the horses that are
ill-fed with their bones sticking
out. Do you think animal-loving
tourists will want to come back to
the Bahamas? What will they tell
their friends? If.tourists saw the
stables these poor horses endure
there would be a huge outcry of
rage from them.

Your shops are not very inter-
esting and are obvious tourist
traps; the straw market rebuilding
debacle is a disgrace. The streets
are rough and neglected and
swamped by too much through
traffic, the worst being the large
Semis revving up their engines and
delighting in terrorising everyone
as they crash their trailers over the
sidewalks, making people jump
out of the way to avoid death or
injury.

When it’s wet your streets fill
with water and the potholes are
hidden, vehicles then shower
tourists with filthy, muddy water.
Try walking to the fish fry from
Nassau centre, a short walk many
tourists would delight in. It is an
unpleasant walk, with broken side-
walks and if it is wet a huge likeli-
hood of being soaked by passing
traffic. You could change this so
easily! *

Nassau is broken. It could be a
charming and quaint but instead it
is a decaying wreck.

A bit like your taxis. Atlantis
said recently. that your taxis are
too old. They are. Taxis are in the
front line with regard to tourists,
who come from countries where
taxis are newer, better regulated
and therefore safer.

My first-ever experience of one
in the Bahamas was at Nassau air-
port. A large US.van pulled up
and refused to take me in to Nas-
sau. The driver was very angry. A
policeman told him he was going
to. take me or else. His beef was
that he did not want a single per-
son but multi-person fare. He was
sullen, moody and drove aggres-
sively and roughly all the way to
my destination. What a nice wel-
come! I nearly went back home
the next day.

Other taxis have broken down
on me or ripped me off or
attempted to. One taxi-driver tried
to charge three friends and myself
$120 to go eight miles.

Other taxis are driven by dri-
vers who think they are on a race-
track. Terrifying. Others have
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THE TRIBUNE

to pieces. For taxi-drivers gener-
ally do not care about your
Bahamas, only themselves.

Think of this when I go home. I
have a nine and half hour flight. I
shower before I go, and then have
to step into a taxi with no air-con-
ditioning (“it broke today, sir” —
I know this one has been driving
around for weeks with his win-
dows open, so no, it did not break
today!) so by the time I get to the
airport.I am hot and sweaty.
Thank you Bahamas taxi-cab dri-
ver for making the next nine and
half hours more uncomfortable
than they need to be. The solu-
tion is so simple, too. No taxis over .
seven years old and none can be
registered for service over four
years old. They must have strict
checks four times a year and have,
a taxi captain who does spot
checks to ensure they are fit to be
on the road.

I: the drivers complain their
fares are not high enough to
cover this, and to be honest they
are low, then raise them. Bahami-
ans don’t use taxis as much as
tourists do. The tourists think taxi
fares are low compared with what
they have to pay at home.

Your roads and your taxis
alone give your country an air of a
broken, rundown place. It does
not need to be this way.

Bahamians claim to love ani-
mals. Why then do you allow tur-
tles to be butchered and tortured
to death? Sometimes over days
while bits are hacked off? Why do
you allow fishermen to hold them
for ransom to tourists shocked at
the cruelty?

What about your dog problem?
Far too many stray dogs roam the .
streets. Far too many: irresponsible
Bahamians take on a dog and then
get bored with it and throw it out
on the streets. Even worse, dog
breeders here throw dogs they
don’t want on to the streets to be
feral. Pitbulls, of which there are
so mariy, they must be used for
that cruel sport called dog-fighting,
are very fearsome if they become
feral. Why Bahamians are you let-
ting this happen?

Mr Ingraham, you may not
have noticed, but it is time for you
to put the wheels back on the
Bahamas. Literally. What is it with
Bahamians who drive around
without the right number of
wheelnuts? Vehicle manufactur-
ers spend millions of dollars to
design their vehicles and have
good reason to specify the number
of wheelnuts that a vehicles should
have. Almost every other vehicle
in the Bahamas has some nuts
missing. Look for yourself!

Just how are you going to con-
trol your car when the wheels fall
off? For the sake of say, $1 a nut?
What absolute raving madness is
this? When it comes to tyres you
are no better either, driving on
bald tyres is in my opinion a dead-
ly thing to do. If your tyres are no
good, you cannot stop or stay on
the road. I remonstrated with a
taxi-driver about his bald tyres,
(“they are racing tyres,” he said,

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THE TRIBUNE

THURSDAY, OCTOBER 16, 2008, PAGE 11



FROM page one

ters”, including the embezzle-
ment of funds from the Nation-
al Emergency Management
Agency (NEMA). It is alleged
that construction materials were
paid for, but never arrived at
their designated location or
island.

These supplies were report-
edly destined for Grand
Bahama, Abaco, and the south
eastern Bahamas.

The first matter, reportedly
involves a $5 million contract
that is said to have been award-
ed to a well-known PLP sup-
porter in the construction field
who has also been questioned
by police in connection with this
transaction.

When asked by investigators
about the disappearance of the
building supplies that were des-
tined for NEMA and ultimate-
ly hurricane stricken families,

Police question
sitting PLP MP >

: just want them to go so this can
: end."

the contractor is alleged to have
replied: “I ain’t know nuttin’
bout’ that. Do what you gat’ to
do.”

The contractor reportedly
remained adamant on this point
even when supplied with evi-
dence, stating, “I ain’t talkin’. I

-don’t know nuttin’ about that.”

A second matter involves
another multi-million dollar
contract that was:awarded to
another well-known PLP heavy
equipment operator. It involved
a contract that was awarded to
clear two government subdivi-
sions valued at more than $7
million.

It is alleged that not only was
the contract already inflated,

but the developer in question
turned around and sold the fill
from the land back to govern-
ment at $1 million per subdivi-
sion. If proved it would mean
that this single contract would
have totalled more than $9 mil-

contract was not put out to bid.

government for $12 a yard.

According to reports, these
and other transactions, involv-
ing other government depart-
ments, are expected to be raised
as the MP’s questioning contin-
ues this week.

FROM page one

blame the Ministry because
they are playing both sides of
the fence and it is not fair.
"We don't want to get
involved with the teachers, we

Just 34 of more than 300 stu-

: dents at Central Andros High
: School attended school on
: Tuesday and Wednesday, and
: they will be kept out again
lion. It is also claimed that this | today as parents wait for the
: Ministry of Education to take

Reportedly, the subdivision action.
developer was also purchasing :

fill from a local supplier for $4 { 100-plus primary school stu-

yard, and then reselling it to : dents have been in class since
? Tuesday, and will continue to
? miss out on their education

today:

In addition, only seven of the

Education Minister Carl

: Bethel said the transfers will
: stand, and Director of Educa-
: tion Lionel Sands maintains the

FROM page 10

“they are not supposed to have any tread,”
what kind of fool does he take me for?) I
refused to get in his taxi. | i :

Yes, Mr Ingraham, put the wheels back on
the Bahamas!

Have you noticed how often your traffic
lights fail? I have never been to another coun-
try where this occurs With such regularity. Even
in cold, wet North European countries this
does not happen. So why do you put up with it?

Your beaches are achingly beautiful. But
you wouldn’t want to walk on some of them
barefoot as they are full of broken glass, and
other detritus. On some rubbish is everywhere.
It does not have to be this way. In Spain and
Italy every grain of sand is precious; the beach-

-es are raked and sifted every night. It costs to go
on them, too, but you do get an umbrella and
two sunbeds for the day. But isn’t it worth it?
You have a large free labour force who could to
do the work, too, the inmates of Fox Hill.

As part of their sentence working the beach-
es in a chain-gang could be good for them and

you, the Bahamians. Imagine your beaches.

free of litter with your beautiful sand so fine
and clean?

Recently a boy was admitted to hospital. It
turned out he had lead poisoning. His case was
worse because he had been playing in the yard
where his father had been dismantling car bat-
teries and burying the lead in the ground. The
whole family had huge lead amounts in their
bodies. But think, this lead will break down
into your water table! What else is being
scrapped and dripping its way down into your
water? There are far too many old cars lying
around dripping their poisonous fluids straight
into your well water. ;

Some jet-ski hirers are crazy. I have wit-
nessed the rudeness and aggression they show
to anyone who does not want to hire a jet-ski.
They have no regard for safe zoned swimming
areas. Friends have nearly been killed by these
young hooligans. How many more tourist

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deaths does it take to bring this industry into
line? I have been a witness to two near misses.
That is two too many in such a short period of
time. Many tourists hate the jet-skis with a pas-
sion and would want to go snorkelling in your
beautiful waters, but instead rightly fear for
their lives from jet-skis.

Amazingly, the people who actually do hire
them ride them better than the hirers! What
does that tell you?

When I was living in Norway I witnessed an
amazing thing, 3-4 feet of snow could fall in a
night. But the Norwegians would respond in an
instant with snow ploughs coming out very fast
in response. The secret is a system of contrac-
tors all responsible for their piece of road or
sidewalk. The contractors are paid regardless of
whether there is snow or not. Taking this idea
and bringing it to the Bahamas you would have
‘contractors who might be retired or semi-
retired people responsible for keeping a neigh-
bourhood clean and tidy. They would not live
in it to save arguments but would be held
accountable for getting wrecked cars cleared up
and removed, litter cleared away and potholes
filled in. They could even be empowered to
remove wrecked cars from people’s driveways
so that neighbourhoods are not turned into
scrapyards. This is “small” government at work,
not big, unaccountable, unresponsive state gov-
ernment. ‘

What about those poor folk who have been
hit so hard by the economy? These folk want to
work but there is no work. Yet a system of
gangers could be formed, so that anyone want-
ing a day’s work clearing litter, landscaping,
filling potholes, painting kerbs or whatever is
needed could turn up at a location, be collect-
ed and go to work. This would give folk back
their dignity. The Bahamas would look far less
scruffy and unkempt as a result.

But where should the money come from?
How about Bahamasair? This airline is horri-

ble. It is rude, inefficient and incompetent. It
needs to fail, and that would allow smaller,

better operators to emerge. Of course, some ,

routes would have to receive a government
subsidy but these could be tendered for with
strict limits on aircraft safety and age. It would
cost you far less than subsidising Bahamasair,

Finally food. The fact that some strawberries
I bought came from California the other day
shocked me. You don’t have the space for live-
stock. But you do have acres of land suitable for
salad and vegetable production. In New Provy-
idence they are called pine barrens and
swamps. Ecologists will want to confine you
to the third world and not turn these areas into
the fine farms they could be. But would you
rather trade mosquitoes for food? I would. I am
no expert in these matters but the soil is poor
and will require an investment, a one-off of
buying topsoil from various places in the world.
After that it is up to you to make sure it is
looked after. Imported animal manure is good.
But best of all, household green waste can be
composted for soil treatment and guess what, it
is some of the best fertiliser you could ever
have. Even human sewage can be specially
treated for this purpose. .

Think outside the box. You have a lime-
stone soil. French champagne producers adore
limestone soil, so could you successfully grow
grapes here? Could the Bahamas become a
champagne producer? What a thought!

Olives are in great demand worldwide with
olive oil in short supply. Olive trees grow well
in all sorts of places. Could they be your future?
Surely fruit trees would grow well if the soil was
improved? What of Andros, that great, big,

“beautiful island? Improve the soil and could
that became the Bahamas breadbasket? Could
it produce food? I think so.

I love your islands and most of your people.
It is my Bahamian friends who have urged me

to write this to inspire you to action. You can ©

change things. I cannot. I am only a Caucasian
living here in your country by your rules.

It.is not my place to change things, but it is
yours.

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Parents plan to protest
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Ministry will make representa-
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ciplined for not reporting to the
schools to which they were
assigned.

The concerned mother said:



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PAGE 12,

THURSDAY, OCTOBER 16, 2008

LOCAL NEWS

THE TRIBUNE



FROM page one

According to court dockets, Beckford on Sat-
urday, October 4, intentionally caused the death
of Sheanda Lewis. Some 18 witnesses are listed
on court dockets. Several relatives of the
deceased were also present at the arraignment
yesterday. Beckford, represented by lawyer
Jairam Mangra of the law firm Lockhart and
Munroe, was not required to enter a plea to
the murder charge.

Chief Magistrate Gomez informed the

Man charged with murder

accused that a preliminary inquiry will be held
- to determine whether there is sufficient evi- ;
dence to have him stand trial in the Supreme :

Court.
The case has been adjourned to November 4)
and transferred to Court 10, Nassau Street.

Sergeant Sean Thurston appeared for the
prosecution. Beckford has been remanded to }

Her Majesty’s Prison.

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FROM page one

office but both Director of Public Prosecutions
Bernard Turner and Director of Legal Affairs Deb-
orah Fraser were said to be out of office. Attempts
to reach Attorney General Michael Barnett, who
was in Cabinet, were also unsuccessful yesterday.

In July, Mr Adderley told The Tribune that Cus-
toms and other officials were working to determine
how much money Global United owed government.
He also said in addition to the Customs Depart-
ment, Global United owed money to "one or two
other government agencies."

During that interview, Mr Adderley added that
Global United owed the Department of Customs
more than $4 million which accumulated over two
years during which the shipping company failed to
pay custom duties.

In addition, it is alleged that the company also
owes government money for unpaid passenger tax-

Case of alleged millions
owed by Global United

passed on to the AG’s office

to press time last night.

In a statement released in June — shortly after
news broke that government was seeking to recoup
outstanding payments from Global United — the
company claimed the government's demand for the
money was part of a "relentless" politically moti-
vated "attack" on the company's CEO.

The statement conceded that the company owed
government money, but said efforts were made to
resolve the matter and questioned government's
public statements on the issue. The company also
said that since Global United's entry into the Nassau
market, it had paid government on the same terms
established years ago; under this arrangement a
window of time was provided for Global to bill, col-
lect duty and taxes and then pay the same to Cus-

es.

Calls placed to Mr Ritchie were not returned up

FROM page one

the Bahamian people.

As a strong supporter of the
people’s right to know, Mr Mar-
quis was often unpopular among
the political brass of the Progres-
sive Liberal Party when it was in
government.

He was often referred to as “a
racist” for his comical portrayal
of many of the country’s more
“inept” leaders who refused to

heed the warning of his pen, but -

simply took issue with “who” was
issuing the criticisms.

Beginning his career on the
Northampton Chronicle and Echo
in 1961, Mr Marquis spent 13
years as an editor and publisher
for the Packet group of newspa-
pers in Cornwall. He was also an
assistant editor of the now-defunct
Evening Post-Echo in Hemel
Hempstead, owned by Thomson
Regional Newspapers, in the
1970s.

Before this, Mr Merauis also
spent some time in New Provi-
dence as a reporter with The Nas-
sau Guardian, and later The Tri-
bune during the late 1960s and
was a noted sports reporter cov-
ering several Muhammed Ali
fights in many parts of the world
for the Thomson Newspaper
group, then Britain’s largest news-
paper organisation.

Mr Marquis has also had a long
association with Reuters, both as
a staff journalist and freelance
correspondent. He worked on the
agency’s world desk in Fleet
Street before becoming Thom-
son’s London Sports Editor and
chief boxing correspondent.

In the 1970s he won one of
Britain’s top press awards after
exposing two doctors involved in
the deaths of two child patients.

However, he quit British jour-
nalism in 1999 for his post at The

toms.

John Marquis

Tribune, where the daily’s circu-
lation performance has been
described by a leading American
newspaper expert as “extraordi-
nary” and “phenomenal”.

As one of the island’s most con-
troversial figures, Mr Marquis and
his Insight pieces have been tout-
ed as one of the reasons for the
decline of the PLP and their even-
tual failure at the polls in 2007.

One of the pieces in question,
the now famous Anna Nicole arti-
cle featuring the then Minister of
Immigration Shane Gibson in an
embrace with the late buxom

‘ blonde bombshell, was so popular

around Nassau that copies of the
75 cent newspaper were being re-
sold for $20 apiece.

But it is mainly his work
through Insight, Mr Marquis said,

that has shown the community.

that there is no particular section
of society that should hold itself

above the rest “to the detriment '

of the people at large.”

“The press should be ready to
challenge the establishment and
ensure that improvements are
made in society.. That is one of
the major roles of the press, and
I’m proud to be a part of that,” he
said.

Labelling The Tribune “the
handrail of society”, Mr Marquis
said that the daily has a genuine
moral and ethical purpose which
has a tremendous role to play in
Bahamian society.

“T will always follow what is
going on in the Bahamas and I
have been asked to make contri-
butions from time to time which I
will probably do. But in retire-
ment I will be concentrating more
on my books and also making pots
which is an occupation that I
always wanted to follow and have

NY

done from time to time. But I
really want to give it my best shot
and see if I am as good a studio
potter as I think I am.”

Mr Marquis recalled that when
he was a student in school his
teacher told him that his profes-
sion should, in fact, be a studio
potter.

‘When I told the teacher that I
was going to be a journalist she
said, ‘what a wicked waste of tal-
ent’,” he laughed. “However, I
have no regrets at being a jour-

‘nalist, but I want to give my tal-

ents in the cefamics field a fair
crack of the whip.”

In a message ‘to Bahamian jour-
nalists, Mr Marquis said they must
realise that, in addition to. their
professional skills, they must
develop the moral courage
required to do the job.

“They must recognise that their
readers are depending on them
to ask the questions that they
themselves would like to ask but.
are rarely in a position to do so.

“In the past I have been critical
of Bahamian journalists for being
too compliant and too deferential
to authority: That is not the role of
the journalist. The role of a jour-
nalist is to be critical, to be ques-
tioning, and to be on an endless
quest for the truth,” he said.

The quality of young journal-
ists in the Bahamas had improved
dramatically in recent years, Mr
Marquis said.

“And it is particularly true of
The Tribune staff because they
have developed the kind of ques-
tioning and sometimes combative
stance that is required of all good
journalists.”

Mr Marquis is also an accom-
plished author, having published
two books, Blood and Fire in
2005, and Papa Doc in 2007. He
and his wife Joan have eight chil-
dren.

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THE TRIBUNE







organisation, website

A GROUP of pastors
from various denomina-
tions have come together
to found the “Pastors of
Prayer” organisation.

It all started with a
phone call. Bishop Ian
Brathwaite, Sr, called up
one of his pastoral friends
who in turn called up
another pastoral friend and
thus a new ministry was
born.

This ministry is com-..

prised of clergymen
from several denomina-
tions, who eventually
became “Pastors of Prayer
(POP).”

Today, the organisation
said it is an “well-equipped
army of generals readying
their congregations to fight
for God.” °

The Pastors of Prayer
said they are now taking
the gospel to the cyber-
world with their new web-
site Www.pastorsin-
prayers.org.

“IT Know it was divine
intervention that brought
us all together,” said POP
president Bishop Brath-
waite.

“T truly believe that I was
inspired by God to bring
together a group of pastors
who wanted to live holy
and who firmly believed in
the uncompromising word
of God. I also believe that
it is no Coincidence that we
used technology to reach
out to each other, because
in this day and age under-
standing technology is the
key, especially as the world
is now seemingly so reliant
upon it.”

At present, Pastors of
Prayer is made up of Bish-
op Brathwaite of the Holy
Dove Baptist Church; Rev

LOCAL NEWS

‘Pastors of Prayer’
officially launch






PASTORS OF Prayer officially launched their organisation and w

S SS X



ebsite on Tuesday. Seated clergymen





are Pastor Joseph Thompson, Bishop lan Brathwaite and Pastor Arthur Charlton. Standing (I-r) are Pas-
tor Joseph Cox, Rev Roscoe Rolle, Rev Franklyn Lightbourne and Rev. Ricardo Turner.

- Joseph N Cox of El-Shad-

dai Ministries Internation-
al (Bahamas); Rev Arthur
Charlton of Mount Vernon
Baptist Church; Rev Ricar-
do Turner of the Engler-
ston’ Gospel Chapel; Bish-
op Chester Rolle of Oasis
of Love Ministries; Rev
Joseph Knowles of Mount
Theos Baptist-Church; Rev
Franklyn Lightbourne of
the Revival Faith Mission
Baptist Church; Rev

Roscoe Rolle of the Divine

from

Praise Baptist Church; Rev
Joseph Thompson of the
Bread of Life Baptist
Church; Apostle Bradley
Moxey of God’s Dwelling
Place, and Rev Dr Antho-
ny Brown of Present Day
World Outreach Ministries.
Combined, they have
amassed nearly 200

years in experience as pas-

tors.

. “Our vision is simply to
ptovide a non-denomina-
tional‘opportunity for pas-

very phase of her
her new release,



!
tors to pray together,
develop accountability, fel-
lowship, praise and wor-
ship for the service of
God,” said Bishop Brath-
waite.

“We are pastors helping
pastors, with hearts and
hands in ministry.

“By supporting, each oth-
er’s visions, missions, goals
and achievements, we are
all pursuing the same cause
of winning souls for the
Kingdom.”



THURSDAY, OCTOBER 16, 2008, PAGE 13



Catholic Archdiocese of Nassau is

oliserving Mission Awareness Week —

THE CATHOLIC Archdiocese of Nassau is observing the
faith’s Mission Awareness Week, which is also recognised by the
other dioceses around the world.

According to the archdiocese, October is the month when the
church reflects on its missionary nature.

The month culminates with World Mission Sunday when the
combined offerings from Catholics from around the world are
distributed to 1,069 mission dioceses around the world.

This year’s Mission Awareness Week’s theme is “Go and Tell”
and will include an array of missionary oriented workshops and
activities. ‘

“Our Archdiocese office of the Pontifical Mission Societies
will host a week of mission awareness activities in order to pro-
mote a spirit of mission, a spirit of prayer and sacrifice among all

: baptized Catholics,” the Archdiocese said.

Activities planned by the Pontifical Mission Societies include
Catholic school visitations, a mini-workshop for the New Provi-
dence Parish Council, a Mass for Catholic school children and a
mission workshop for CCD or religious education teachers. ©

The guest speaker for the week is Mission Education Coordi-
nator for the Diocese of Allentown, Pennsylvania, Maureen Heil.

On World Mission Sunday parishes throughout the archdio-
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to support the church’s global missionary work.

“In this Jubilee year dedicated to Saint Paul, the apostle to the

nations, all Catholics are reminded of the urgency to proclaim

the Gospel to the ends of the world by word and example.
There can be no slackening or stagnation in the essential mis-
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cese.
Mission Awareness Week began on October 13 and will run
until October 19. ;

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2
PAGE 14, THURSDAY, OCTOBER 16, 2008

Students from Lyford
_ Cay International
School head for Uganda



A GROUP of Lyford Cay
International School (LCIS)
grade 11 students yesterday
travelled to Kampala, Ugan-
da, where they will: take part
in an unique learning experi-
ence.

During their 10-day stay in
Uganda, the students will be
working with orphaned chil-
dren of war at the Tent Mak-
ers Academy.

Tent Makers Academy i isa
unique name for a unique
school. It is a volunteer-taught
facility of approximately 135
children in the slums of Kam-
pala, Uganda, an impover-
ished Banda community.

Many students are
HIV/AIDS orphans with lit-
tle food or clothing, and not
enough money for school sup-
plies.

“Thanks to a commitment
from British Airways, that will
enable the students to take
excess baggage, all the chil-
dren’s books and clothing that
have been collected from var-

- ious fundraising drives held at

LCIS will be delivered to the
Academy by the group of stu-
dents,” the LCIS said yester-
day.

Student Alexis Roberts said,
“Our main goals are to set up

Academy and to create a
book along with the students
about their life and their cul-
ture. This trip is the interna-
tional phase’ of a project we
had started in grade nine, and
I am so grateful for this
chance to be a part of such a
great project and cultural
immersion.”

The connection with the
Ugandan community and
LCIS has been three years in
the making. The project not
only enables the students to
learn valuable personal
lessons from the experience
of working with others less
fortunate, but it provides the

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a library at,the Tent Makers
students with work toward the
International Baccalaureate
CAS (Creativity, Action and
Sports), the LCIS said.

LCIS said that its students
are encouraged to develop an
awareness of humanitarian
and environmental issues, and
to hold an ethical position on
them from a local, national
and international perspective.

Students are expected to
exhibit attitudes and values
that respect human dignity
which transcend barriers of
race, religion, gender and pol-
itics, the school said.

Share
your
news

The Tribune wants to hear
from people who are
making news in their

‘} neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award,
If so, call us on 322-1986
and share your story.

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THURSDAY, OCTOBER 16, 2008, PAGE 15



INTERNATIONAL NEWS

m By QASSIM
ABDUL-ZAHRA
BAGHDAD

American troops could face
trial before Iraqi courts for
major crimes committed off
base and when not on mis-
sions, under a draft security
pact hammered out'in months
of tortuous negotiations, Iraqi,
officials familiar with the
accord said Wednesday,
according to the Associated
Press. ®

The draft also calls for U.S.
troops to leave Iraqi cities by
the end of June and withdraw
from the country entirely by
Dec. 31, 2011, unless the
Baghdad government asks
some of them to stay for train-
ing or security support, the
officials said.

It would also give the Iraqis
a greater role in U.S. military
operations and full control of
the Green Zone; the 3?-
square mile area of central
Baghdad that includes the
U.S. Embassy and major Iraqi
government offices.

One senior Iraqi official said
Baghdad may demand even
more concessions before the
draft is submitted to parlia-
ment for a final decision. The
two sides are working against
a deadline of year's end when
the U.N. mandate authorizing
the U.S.-led mission expires.

The Iraqi officials, familiar
with details of the draft, spoke
on condition of anonymity
because they were not sup-
posed to release the informa-
tion. In Washington, the State
Department confirmed that a
draft had been finalized but
refused to discuss any details.

"There is a text that people
are looking at," spokesman
Sean McCormack told
reporters. "Nothing is done
until everything is done.
Everything isn't done. The
Iraqis are still talking among
themselves. We are still talk-
ing to the Iraqis."

Prime Minister Nouri al-
Maliki briefed the country's
president and two vice presi-
dents about the draft late
Tuesday and will show the
proposed agreement to party
leaders by the end of the
week. His goal is to gauge
political support before refer-

ting-the draft to parliament,

aides said. :
Another aide’'said the Iraqis
would press for more conces-
sions if the parties rally behind
the government. He would not

elaborate. But other al-Maliki '

-aides had said U.S. officials

told the prime minister pri- '

vately that other parties were
ready to sign the deal and thate
he alone was holding out.

The aides spoke on condi-..

tion of anonymity because
they were not supposed to dis-
cuss strategy.

During-months of negotia-
tions, which began early this
year, the most difficult iss:1e








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an update on security operations in Iraq, during a news conference at the heavily fortified Green Zone area
in Baghdad, Wednesday, Oct. 15, 2008. :

proved to be the question of
who would try American sol-
diers and Pentagon contrac-
tors for offenses such as the
killing of Iraqi civilians.

US. negotiators demanded
exclusive jurisdiction over all
soldiers and contractors, pre-
sumably to protect them from
politically motivated charges.
But Iraq insisted on a role to
convince the public that Iraqis
— and not Americans — are
in charge of their country.

Under the compromise, the
U.S. would have the primary
right to try troops and Penta-
gon contractors for alleged
offenses committed on Amer-
ican bases or during military
operations, the officials said.

Such language would pre-
sumably shield troops from
prosecution for accidentally
killing civilians caught in the
crossfire during authorized
combat operations. '

But Iraq would have first
crack at trying U.S. military
personnel and contractors for
major, premeditated crimes

allegedly committed outside |

American bases and when

they are not on an authorized

mission, the officials said.
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cases that could fall under °

Iraqi jurisdiction might include
the 2006 rape-slaying of a 14-
year-old girl and the killing of
her family by American sol-
diers in Mahmoudiya south of
Baghdad.

Four U.S. troops pleaded
guilty or were convicted in
military courts. A former sol-
dier, Steven Dale Green, is
expected to stand trial in the
United States in April. He
could face the death penalty.

A military official in Wash-
ington said top Pentagon lead-
ers were not entirely happy
with the legal immunity com-
promise. Officials have said
repeatedly, however, that the
administration "can live with"

‘ the proposed deal.

Other provisions of the
draft would give Iraqis A far
greater role in U.S. military
operations than at any time
during the nearly six-year war.

American troops would no
longer be allowed to detain
suspects or search homes with-

* out Iraqi lega! authorization

except in cases of active com-
bat, the officials said. Anyone
detained by the Americans
must be handed over to the
Iraqis within 24 hours.

All detainees currently held
by the U.S. must be released
or transferred to Iraqi control,
the officials said, although the
timetable for the moves was
subject to a joint review.

A joint U.S.-Iraqi commit-

tee will be established to coor-
dinate American military
operations, which must be car-
ried out in accordance with
Iraqi law and customs, the
officials said.

Al-Maliki is hoping for two-
thirds approval in the 275-
member parliament to ensure
he can fend off political chal-
lenges in provincial and
national elections and resist
pressure from neighboring
Iran.. A U.S. military
spokesman, Rear Adm.
Patrick Driscoll, alleged
Wednesday that Iranian
agents were trying to bribe
Iraqi politicians to oppose the
deal, although he said there

was no evidence any Iraqi law-
makers had accepted the
offer. Al-Maliki can count on
support from the main Kur-
dish parties but the positions
of major Sunni and Shiite
blocs is unclear, the aides
added.

Anti-U.S. cleric Muqtada al-
Sadr's followers, who control
30 parliament seats, oppose
the agreement. Sunni and oth-
er Shiite blocs appear’split.

Bush administration offi-
cials, speaking on condition of
anonymity, said Secretary of
State Condoleezza Rice and
other top Bush aides will soon
begin briefing key. members
of Congress on the draft.

They said the draft may






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m@ By VERONIKA OLEKSYN
VIENNA, Austria

It's no longer a man's world
in Austria's most sophisticated
stables, according ot the Asso-
ciated Press.

The country's prestigious

Spanish Riding School, for |

centuries a bastion of mas-
culinity, is modernizing: On
Wednesday, the 436-year-old
institution officially present-
ed its first female riders-in-
training.

The school, which was
founded in 1572 and is part of
Vienna's former imperial Hof-

burg Palace complex, is
known for elegant white Lip-
izzaner stallions.

Every year, throngs: of
tourists from around the world
watch as the horses, led by
male riders in identical uni-
forms, gracefully perform

. exercises and jumps.

Allowing women to sit in
the saddle marks a distinct
break with tradition. But for
Elisabeth Guertler, the direc-

_ tor, opening up the exclusive ~

club reflects the realities of
modern life.
"What speaks against it?"
sGuertler told reporters.
"Today, ladies and gentlemen
both have to earn their keep
and prove themselves."

PAGE 16, THURSDAY, OCTOBER 16, 2008

After 436 years,

In the 18th century, ladies
of the Austrian royal court
regularly rode the Lipizzaner
horses but were not recruited
to be trainers.

Spanish Riding School
spokeswoman Barbara Som-
mersacher said Guertler, who
started managing the institu-
tion less than a year ago, per-
sonally pushed for the candi-
dacies of women to be taken
into consideration.

"For her, it just wasn't
acceptable," Sommersacher
said. "For Ms. Guertler, tra-
ditions are good as: long as
they're adapted to current
times."

Wednesday's announce-
ment was a bright spot in a
rough year for the school: In
January, officials warned that
the renowned establishment
was on the verge of bankrupt-
cy, and that a planned U.S.
tour had been canceled to
save on travel expenses.

The young women making

history are 21-year-old Han-_

nah Zeitlhofer, from the Aus-
trian capital, and Sojourner

‘Morrell, a 17-year-old British

national who grew up in
Saratoga Springs, New York.
The two were dressed in
identical riding gear with their
hair tucked into caps.
"I'm very happy — it's my

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SOJOURNER MORRELL, 17, from Britain and Hannah Zeitlhofer, 21 of Austria, from left, pose with a Lipizzaner horse, on

INTERNATIONAL NEWS

Austrian stables





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eee

Wednesday, Oct. 15,

2008, at the Spanish Riding School in Vienna. They are the first two female riders-in-training at the Spanish Riding School which was once a bas-

tion of masculinity.

dream come true," Morrell
said.

Morrell, whose father is
British, said she has always
loved horses and wrote to the
school "out of the blue" after
taking a tour of the establish-
ment while on vacation in
Vienna with her mother when
she was 15.

Zeitlhofer, a broad smile on
her face, echoed Morrell's
enthusiasm.

"I'm still trying to believe
it," said Zeitlhofer, who
always wanted to become a
rider and recently got a degree
in equestrian science.

"People are totally nice and
we're not treated any differ-
ently ... I'm completely elat-
ed!" she said.

The competition for the
posts is fierce.

The school, which claims to
be the world's oldest, receives

PHONES:

"countless" applications from
around the world, Guertler
said.

The last time it accepted a
rider-in-training — known as
an "eleve" — was five years
ago.

To qualify for the intense
rider training program, which
can last up to 10 years, candi-
dates need to be at least 17
years old, have a passport
from a European Union coun-
try and speak fluent German.

Morrell said she learned
hers while on a student
exchange program in Han-
nover, Germany, several years
ago.

Certain physical attributes
— slender legs that appear
long in relation tothe upper
body — are a must, as are
determination: and stamina,
Guertler stressed.

The Lipizzaners long served



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as a symbol of Austria's past
glory during the Austro-Hun-

garian Empire, which
stretched across much of
Europe.

Austria's former ruling roy-
al family, the Habsburgs, went
to Spain centuries ago to buy
horses and founded a stud
farm in what is now Slovenia.
The school, privatized in 2001,



SOJOURNER MORRELL, 17, from Britain shows her skills on a Lip-
izzaner horse, Wednesday, Oci. 15, 2008, at the Spanish Riding

School in Vienna.

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also operates the Piber stud)
farm in the southern Austrian)
province of Styria. "
Change usually raises new
issues. In this case —- perhaps”
not surprisingly — the schodk.
is now debating what the:
women will wear once they're
experienced enough to pers
form alongside their male cok.
leagues. i



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THE TRIBUNE

THURSDAY, OCTOBER 16, 2008, PAGE 17



@ By SOPHENG CHEANG
PHNOM PENH, Cambodia

Escalating tensions between
Thailand and Cambodia over a
disputed border near a historic
temple erupted Wednesday in a
deadly gunbattle, prompting offi-
cials to quickly declare that they
would resolve the dispute through
talks, not bullets, according to the
Associated Press.

Two Cambodian troops were
killed, the first deaths in a 4-
month standoff that began when
UNESCO, the U.N. cultural
agency, approved Cambodia's bid
to'have Preah Vihear temple
named a World Heritage Site.
Thailand feared its claims over
nearby land would be under-
mined. In recent days, as the dis-
pute fueled nationalism in both
countries, officials appeared to
be preparing for a major con-
frontation. Cambodian Prime
Minister Hun Sen issued ‘an ulti-
matum to Thailand on Tuesday to



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pull back its soldiers from the dis-
puted territory, calling it "a life-
and-death battle zone." Thailand
moved reinforcements up to the
border area. Thailand also put jet
fighters on alert at bases nation-
wide and C-130 transport planes
on standby that could evacuate
Thais living in the border area,
Thai air force official Group
Capt: Montol Satchukorn said.

Thai army spokesman Col.
Sansern Kaewkumnerd said
Wednesday that Cambodian sol-
diers approached a Thai base,
refused to leave the area and fired
in the air.

"We believe they were meant
to be warning shots. The Thai
troops fired back in self defense,"
he said. The fighting Wednesday
afternoon lasted for about an
hour, with each side accusing the
other of firing the first shot.

In a protest handed to the
senior Cambodian diplomat in
Bangkok, Thailand's Foreign
Ministry said Thai soldiers were

Aird Gh} eg

Deadly fighting erupts at
Thai-Cambodian border

peacefully patrolling their own
territory along the border when
Cambodian soldiers shot at them
with rocket propelled grenades
and submachine guns. Cambodi-
a's Foreign Ministry accused Thai
troops of launching "heavy armed
attacks" at three different loca-
tions to push back Cambodians
from positions inside Cambodi-
an territory.

THAI SOLDIERS pre-
pare their artilleries at a
base near the Thai-
Cambodian border after
a clash between Thai
and Cambodian sol-
diers broke’ out
Wednesday, Oct. 15,
2008 in Sisaket
province, northeastern
Thailand. The clash
came a day after Cam-
bodia's prime minister
Hun Sen issued an ulti-
matum to Thailand to
pull back its soldiers
from disputed territory
near the 11th century
Preah Vihear temple.

t Pumpuang-The Nation

AP Photo/Chaiwa



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REDEEM SAV-A-CHEK (SAC) AS CASH

ON ALL ITEMS EXCEPT TOBACCO.
Fach filled SAC is valued at $1.00 Store Hours: Mon. to Sat.: 7 am - 9 pm, except Lyford Ce

Lae ae SAC ON SUNDAYS! & Cable Beach open unti! 5 pm. ney ee products m:


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IAUROVAY, OU 1 UBER 10, Z2UuU0, FAUE 21



RT Ne ee alld: Se ea
China orders more testing
for liquid milk, powder

; INTERNATIONAL NEWS

“4
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Suite
4

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a CHINESE child is seen drinking milk from a bottle in Wuhan, central China’s Hubei province,
i 9 \Wednesday Oct. 1, 2008. Thirty-one samples of Chinese milk powder provided by 20 compa-
” \nies were found tainted with melamine after new testing, according to data seen Wednesday,



sf i
; Qct. 3, 2008, on the Web site.

| BEIJING

» <..-CHINA is ordering all liquid
d powdered milk manufac-
a Si ured before Sept. 14 to be tak-
en off the shelves for melamine
testing, a news report said Tues-
day, the first time Beijing has
issued a blanket recall of prod-
ucts since the tainted dairy scan-
ty ‘ 1 broke last month, accord-
“ihg to the Associated Press.
It is the latest in a series of
measures China has taken to
=| Bllay worries over the quality

‘of Chinese products and restore

. consumer confidence since four
4 babies died and tens of thou-

sands of children were sickened

_after drinking tainted milk.
-{.) Authorities have blamed
BS dary suppliers for the crisis, say-
aA ing they added the industrial
__<“chemical melamine to watered-
=, down milk to fool quality con-
~trol tests and make the product
appear rich in protein.
~Melamine can cause kidney
/Stones as the body tries to elim-
wee it and, in extreme cases,
ad to life-threatening kidney
failure.
comme iting a notice jointly
approved by six government
ministries and administrations,
' the official Xinhua News
-Agency said Tuesday that all
milk powder and liquid milk
.. produced before Sept. 14 must
be subject to testing nationwide
by manufacturers.
“Regardless of the brand or
the batch, they must be taken
_ off shelves, their sale must be
stopped,” Xinhua said.
- ‘The notice said the products
See will be sold again only after they
) \\\/pass quality tests and are
labeled as safe. The Xinhua
eereport did not give any other
details or say why the recall was
being implemented now.
"Only some types of milk pow-
der and milk have been recalled
in mainland China so far. On
Sept. 16, a recall list was issued
for 69 batches of milk powder
made by 22 companies. Anoth-
er recall list was released on
Sept. 19 for liquid milk.
_» It is also not clear why the cut
off date for the latest notice is
Sept. 14, but China launched a
countrywide inspection of dairy
producing facilities focusing on
milk collecting centers on Sept.
15.

According to the Xinhua
report, the government agen-
2 cies involved were the Health
/ | Ministry, the Commerce Min-
istry, the Ministry of Informa-
tion and Industry, the Admin-
istration for Industry and Com-
merce, the State Food and Drug
Administration and the Gener-
al Administration of Quality
Supervision, Inspection and
Quarantine, the country’s chief
quality watchdog.

Officials at the various min-








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Super Savings!

Sale ends October 20th, 2008

Ua

place setting « of China

a ph he

2nd place setting

place setting consists of: 1 dinner, 1 salad, 1 bread & butter

; 1 tea cup & saucer eines ee) eta]

place setting of Stemware

I

place setting consists of: 1 goblet; 1 wine; 1 flute
(excludes Lismore and all toasting flutes & net items)

Chinese authorities blame

dairy suppliers for crisis CS o Yy :

istries and administrations said _ el officials for negligence, and
AQSIQ had drafted the notice make repeated promises to Box po of SSN ele
and was the only one authorized _~ raise product safety standards.

to answer questions. Last week, the Health Min- as F V Lyn n Chase China ©
Telephones at the ‘agency _ istry issued guidelines limiting accessories

rang unanswered on Tuesday acceptable melamine levels in

and officials did not respond milk and food products. There

to a faxed request for infor- had been no previous stan- i promotion appli [oa :

mation. The notice was not dards for the amount of the 0 “ ae Jer cel Es ghey
les pis same or lesser value

posted on the AQSIOQ Web — chemical allowed.

site. Health officials said deliber- ty
The crisis — which has ate tainting is explicitly for- re OUSE,

spread overseas with Chinese _ bidden but acknowledged that Home

milk products pulled out of | small amounts of melamine 2 “ re a:

stores in dozens of countries can leach from the environ- nd box SY Cac Lw orev) ical Eas ete ttail

—— has forced the government ment and packaging into milk fj (excludes net items) Fare re 393-4096 Sete A

to fire local and even high-lev- and other foods. oat

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and drive away in a BLOWOUT BARGAIN! 3

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CHEVROLET Shirley Street

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PAGE 22, THURSDAY, OCTOBER 16, 2008

INTERNATIONAL NEWS |

ROBERT FELDMAN, a counselor at Switchboard
recorded more than 500 foreclosure-related calls this year. Across the country
increasingly violent, and they are urging people to get help.

Suicides from financial
crisis cause concern




Fox #
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House #:

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Requested Start Date:

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THE TRIBUNE





IN THIS photo released Oct.
7, 2008, by the California —
Department of Motor Vehi-
cles shows Karthik Rajaram.
The 45-year-old, a former
money manager, fatally shot
his wife, three sons and his

of Miami, talks to a call-in client about financial problems, July 3, 2008, in M

, authorities are becoming concerned that the nation’s financial woes could turn





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P0.Box:







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Type of Fence/Wall:







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0 in 04 QS

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iami. The Switchboard of Miami has

B New York

AN OUT-OF-WORK mon-
ey manager in California loses
a fortune and wipes out his fam-
ily in a murder-suicide. A 90-
year-old Ohio widow shoots her-
self in the chest as authorities
arrive to evict her from the mod-
est house she called home for 38
years, according to the Associat-
ed Press. ;

In Massachusetts, a housewife
who had hidden her family’s
mounting financial crisis from
her husband sends a note to the
mortgage company warning: “By
the time you foreclose on my

. house, I'll be dead.”

Then Carlene Balderrama
shot herself to death, leaving an
insurance policy and a suicide
note on a table.

Across the country, authori-
ties are becoming concerned that
the nation’s financial woes could
turn increasingly violent, and

they are urging people to get:

help. In some places, mental-
health hot lines are jammed,
counseling services are in high
demand and domestic-violence
shelters are full.

“I’ve had a number of people
say that this is the thing most
reminiscent of 9/11 that’s hap-
pened here since then,” said the
Rey. Canon Ann Malonee, vicar
at Trinity Church in the heart of
New York’s financial district.
“It’s that sense of having the rug
pulled out from under them.”

With nowhere else to turn,
many people are calling suicide-
prevention hot lines. The Samar-
itans of New York have seen
calls rise more than 16 percent in
the past year, many of them
money-related. The Switchboard
of Miami has recorded more
than 500 foreclosure-related calls
this year.

“A lot of people are telling us
they are losing everything.
They’re losing their homes,
they're going into foreclosure,

a

Pat Carter/AP Photo

J

mother-in-law before killing
himself, Oct. 6, at their home
in the San Fernando Valley
neighborhood of Porter
Ranch in Los Angeles.

they’ve lost their jobs,” said Vir-
ginia Cervasio, executive direc-
tor of a suicide resource enter
in southwest Florida’s Lee
County.

But tragedies keep mounting:

— In Los Angeles last week, a
former money manager fatally
shot his wife, three sons and his
mother-in-law before killing
himself.

Karthik Rajaram, 45, left a sui-
cide note saying he was in finan-
cial trouble and contemplated
killing just himself. But he said
he decided to kill his entire fam-
ily because that was more hon-
orable, police said.

Rajaram once worked for a
major accounting firm and for
Sony Pictures, and he had been
part-owner of a financial holding
company. But he had been out
of work for several months,
police said.

After the murder-suicide,
police and mental-health offi-
cials in Los Angeles took the
unusual step of urging people to
seek help for themselves or
loved ones if they feel over-
whelmed by grim financial news.
They said they were specifically
afraid of the “copycat phenom-
enon.” \

“This is a perfect American
family behind me that has
absolutely been destroyed,
apparently because cf a man
who just got stuck in a rabbit
hole, if you will, of absolute
despair,” Deputy Police Chief
Michel Moore said. “It is critical
to step up and recognize we are
in some pretty troubled times.”

— In Tennessee, a woman
fatally shot herself last week as
sheriff's deputies went to evict
her from her foreclosed home.

Pamela Ross, 57, and her hus-
band were fighting foreclosure
on their home when sheriff's
deputies in Sevierville came to
serve an eviction notice. They
were across the street when they
heard a gunshot and found Ross
dead from a wound to the chest.

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THE TRIBUNE



THURSDAY EVENING

OCTOBER 16, 2008



| 9:00 | 9:30 | 10:00 | 10:30

NETWORK CHANNELS
Check, Please! |The Adventures of Sherlock vey Miss Jane Marple at-

7:30 8:00





Mystery! Marple and Inspector







WPBT |South Florida {Holmes “A Scandal in Bohemia’ 1 |tempts to untangle the secrets of a {Primer to investigate a traveling the-
haunted house. (CC) (DVS) atrical troupe, (CC) (DVS)
The Insider (N) |Survivor: Gabon “This Camp is | CSI: Crime Scene Investigation A |(:01) Eleventh Hour “Cardiac” Ja-
'@ WFOR|o (cc) Cursed’ (N) 0 (CC) hypnotist bank robber becomes a cob investigates when healthy
murder suspect. (N) (CC) (DVS) youths die of heart attacks. (N)
| Access Holly- |My Name Is Earl/Kath & Kim |The Office ‘Baby|SNL Thursday ER Catherine Banfield and Abby
(© WT Vd |wood Debate re- |"We've Got Spirit”|Craig finds a new|Shower’ (N) ( [Weekend Up- {disagree on how to treat a gunshot
actions. (CC) —_|(N) (CC) job. iy a (CC) date wound victim. (N) (CC)
| Deco Drive Hole in the Wall Sorority sisters Kitchen Nightmares “Seascape” A |News (N) (CC)
| WSVN battle computer engineers. (N) © woman and her son run their restau-
| (CC) rant into the ground. (CC) :
| |Jeopardy! (N) |Ugly Betty “Betty Suarez Land” Grey's Anatomy “Brave New (:01) Life on Mars Sam focuses on
| WPLG (Cc} my Baty tee make amends when Word" Callie prepares for her first _ [a series of fatal robberies. (N)
Gio returns. (N) (CC) real date with Erica. (N) (CC) (CC). .
CABLE CHANNELS
| (:00) CSI: Miami |The First 48 A young woman is |The First 48 Cabdriver. (CC) Jacked: Auto Jacked: Auto
A&E ‘Camp Fear” 0 |killed; an elderly man is found beat- Theft Task Force| Theft Task Force|
(CC) en to death. (CC) (N) (CC) (CC)
an BBC World |BBC News Asia Business |BBC News - |The Reporters |News
| BBCI ews America |(Latenight). |Report (Latenight).
BET 106 & Park: Top [UNCLE P (2007, Comedy) Master P, Romeo, Cheech Marin. Ahip-hop |The Secret Life |The Black Car-
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| CNBC (:00) Wall Street Crisis: Is Your Money Safe? On the Money The Big Idea With Donny Deutsch
:00) Lou Dobbs |CNN Election Center Larry King Live (CC) Anderson Cooper 360 (CC)
CNN finiog Pt ans
Scrubs J.D. The Daily Show |The Colbert Re- |Futurama ay Soiith Park South Park (CC) |The Sarah Sil-
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| Cox's rage. art (CC) 1 (CC) Gay’ (CC) (N) (CC)
| Hannah Mon- |MOSTLY GHOSTLY (2008, Fantasy) Sterling Beau- —|(:40) Wizards of (5) Wizards of |Life With Derek
| DISN tana “Sleepwalk |mon, Ali Lohan. A boy has fantastic adventures when |Waverly Place |Waverly Place ay Lessons’
| This Way” he meets two ghosts. © ‘PG’ (CC) a (cc) a cc A (CC)

DIY This Old House |Ask This Old Yard Crashers Blog Cabin Blog Cabin Man |Man Caves (N) |Cool Tools
| 1 (CC) House 1 (CC) . |“Pool Patio” cave mayhem.

‘DW
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ESPN
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FIT TV (ro Cardio —_{Art of the Athlete “Greg Louganis” |Insider Fain Jiu Jitsu ae FitNation “Gadgets GetUps and
last © (CC) Greg Louganis. 1 co Jean Jacques Machado. (CC) Gizmos’ Fitness gadgets. ioc)

| Fox Report- —_| The O’Reilly Factor (CC) Hannity & Colmes (CC) On the Record With Greta Van
| FOX-NC Shepard Smith eee 7 | " Susteren (CC)

NHL Hockey Minnesota Wild at Florida Panthers. From the BankAtlantic Center in Sunrise, |Panthers Live! |The FSN Final
| FS N FL ive’

| GOLF PGA Tour Golf |Post Game LPGA Tour Golf Kapalua LPGA Classic -- First Round, From Maui, Hawaii. (Live) (CC)
ow (Live .

| Catch 21 (CC) |Who Wants to Be a.Millionaire © |Family Feud |Family Feud © |Catch 21 (CC) Pyramid 0
GSN (cc) Cc) (ce) cc |
| (:00) Attack of {X-Play (N) Lost Something unexpected at sea |Ninja Warrior {Ninja Warrior |
G4Tech the Show! (N) surprises those on the raft.
| (00) Walker, — |Walker, Texas Ranger Walker goes] * x: BACK WHEN WE WERE GROWNUPS (2004, abe Blythe
| HALL exas Ranger under cover to expose vigilante gov-|Danner, Faye Dunaway, Peter Fonda. A widow tries to rekindle an old
| 0 (CC) ernment officials. (CC) flame. (CC) |
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Victory Joyce Meyer: |LoveaChild Inspiration To- |Life Today With |This Is Your Day|The Gospel
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State” © (CC) jabout winning. | Whisperer” (CC) ; his roots. (CC) {Stalker (CC) — |Complete”
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QM (CC) test. 1 (cc) football. 0 ried man. (C



| SPEED

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TNT





(C (CC)
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MSNBC |? __hram
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| er (\ (CC) Cursed” (N) © (CC) _ {Shower’ Update (CC)

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TBS (Live) (CC) essary. From Fenway Park in Boston. (Live) (CC)

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| Coast’ 1 (CC) Back (N) Dumbest “Fans” (N)
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thema Off Depth :

x & #4 CHICAGO (2002, Musical) Catherine Zeta-Jones, Renée Zellweger, Richard Gere. Keeping Up-Kar-

Rival entertainers vie for the spotlight from behind bars. lashians

College Football Florida State at North Carolina State. (Live) (CC) SportsCenter
(Live) (CC)

MLB Baseball American League Championship Series Game 5 -- Tampa Bay Rays at Boston Red Sox. If necessary. From Fen-

way Park in Boston. (Live) ’

Daily Mass: Our |Life on the Rock The Holy Rosary|Catholicism on Life Is Worth
Lady Campus Living




The Daily 10 (N)



Fla, (Subject to Blackout) (Live) ‘ {$core (Live)



(:00) Barrett-Jackson Automobile Auction From Las Vegas. (Live)

(:00) LAInk |Overhaulin’ “CNN Hummer Spe- |American Chopper “Aaron Bike” {LA Ink “Comic Relief’ Hannah tries
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icc} _ (CC) book characters. (N) (CC)

(:00) Law & Or- |Law & Order Detectives probe the |Law & Order “In Vine Veritas” Po- |Law & Order “New York Minute”
der ‘The ne deaths of two students involved in a |lice pull over a drunken celebrity in |Detectives link a trucker to the
) |drug-testing program. bloodstained clothing. 1 smuggling of illegal aliens.







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Envoyé spécial
frangais au Canada















‘SHOW
TMC





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icago fire in 1871.
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UNIV nemiga una joven criada en un hospicio, |buscan venganza. Petalo de Una Rosa” Una mujer
abusa fisicamente su marido.
a NCIS ‘My {House Entrepreneur Edward Vogler |Law & Order: Special Victims Unit/Law & Order: Special Victims Unit
USA ther Left Foot” |buys his way into becoming chair- “Closure” A victim of sexual assault |A victim helps detectives investigate
0 (CC) man of the hospital board. can't identify the suspect. arape suspect. (CC)
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VS er Football |College Football BYU at Texas Christian. (Live)
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| WGN 0 (CC) Wolke, Chart uelne Aman seeks revenge on the terrorists who
| illed his family.
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| place at Oktoberfest. (N) 0
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| WSBK cc} Hyde plans to fire favorite bar's due |wants to be an
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PREMIUM CHANNELS
Pe x WE |True Blood “Escape From Dragon |True Blood “Sparks Fly Out” Bill | True Blood “Cold Ground” Jason
H BO-E RE MAR- House” Jason is taken into police wins over Adele's church group. ( |wrestles with withdrawal symptoms.
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HBO-P [LUCKY YoU —_|Romola Garai. A girl accuses her older sister's lover of a crime. (\ ‘A’ {Times of Tim — |USA Counseling
(2007) ‘PG-13' |(CC) Tim's bus seat. session. (CC)
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HBO-W _ DARKS RISING (2007, Fantasy) |McShane. A new coach struggles to rebuild a college football team. /\ ‘PG’ (CC)
lan McShane. (1 ‘PG’ (CC)
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cian invades an architect's life. O ‘PG-13' (

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McMahon. iTV. 0 'PG-13' (CC)
4 MISSION: IMPOSSIBLE III (2006, Action) Tom Cruise, Philip Sey- i * & % CASINO ROYALE
mour Hoffman, Vin wa Ethan Hunt faces the toughest villain |(2006, Action) Daniel Craig, Eva

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2 of his career. ( 'PG-13' (CC reen. 1 'PG-13' (CC)





THURSDAY, OCTOBER 16, 2008, PAGE 28

Snheh +

Lor Charlie the 2
Bahamian Puppet and ley
his sidekick Derek put az

some smiles on your

kids’s faces.



Bring your children to the

McHappy tlour at McDonald's in

Malborough Street every Thursday

from 3:30pm to 4:30pm during the
month of October 2008,

Enjoy Great Food, Prizes and Lots of Fun

i'm lovin’ it



CTL Dee) aE S LOL

C33
”

Movie Gift Certificates}
make great gifts i
PAGE,24, THURSDAY, OCTOBER 16, 2008



COMIC PAGE —

THE TRIBUNE



Tribune Comics

JUDGE PARKER



BEFORE
DIXIE LEAVES,
SHE GIVES
DETECTIVE
ROBERTS A
CARP WITH

AN ADPRESS
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NE IN THE STUDIO, LU ANN IS HALEY RIGHT-J OR DID
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HOW COULD & MUCH OF HIM? ) ASK TOO



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North Amenca Syndicate, Inc. World rights reserved.



MAYBE WE SHOULD HAVE TESTED
ue ON SOMETHING ELSE FIRST jj

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Ab







© 2008 by King Featur














CALVIN & HOBBES

WHAT'S THE
MATTER, CALVIN?





Difficulty Level *

Puzzie







Sudoku Puzzle

THATS THE “ally THANKS! CAN THANK YOU,

ADDRESS OF WHERE yp YOU TELL US MS. JULEP...
I WILL BE STAYING EX WHERE WE MIGHT YOU'VE BEEN A ; : ead se AN

IN SCOTTSDALE! {fal FIND MR. QUGGANZ GREAT HELP! 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
Sunday ,





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

10/13

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





MA RVI N . 2 may be used in the same block more than once. The difficulty
aor e level of the Conceptis Kakuro increases from Monday to Sunday.
TI PLAYING HARDLY. IM | | ONLY MINE WHAT ARE i

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Yesterday’s Cryptic Solution





Yesterday’s Easy Solution 16












I THINK LL

(©2000 by King Features Syrcicate, Ine. Workd nghts reserves

PLUS AN EXOTIC FEMALE FRENCH

BARBER To GHAVE HIM




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TEAR Ovr THAT |



i









Difficulty Level +

Istvan Bilek v tvan Farago,
Hungarian championship 1973.
Bilek was a quiet, inoffensive
grandmaster content to be his
country’s No 4 behind three elite
rivals. Two scandals shattered his
composure. First, he was the victim
of an infamous cheating scam at
Sousse 1967 when Yugoslavia's
Milan Matulovic blundered a
bishop, then retracted the move
with the excuse "Ich spreche
jadoube" (I say | adjust). The
arbiters ignored Bilek's protest and
the Hungarian’s results nosedived,
but for ever after his opponent was
referred to as "!'adoubovic”. Earlier,
Bilek's marriage broke up when
his wife was seduced by the higher
ranking Viktor Korchnoi during a
1965 tournament. For once, the
mild-mannered Bilek’s anger was



aroused and he crushed the then
Soviet in their individual game.
Today's position looks headed for a
peaceful draw, 2 normal result for
Bilek against his peers, but suddenly
White (to play) unleashed a decisive
tactic. Can you spot White's winning
move?

Chess: 8696: 1 Bxeb! Rxdt (if Q of fxeb 2 Rxd8+ wins
an material) 2 Q38+1 Kh? 3 Bxt? (threat 4 Qg8 mate}
hS 4 Qg8+ Kho § Gh8 nate.





©2008 Conceptis Puzzles,

NM) OO, WwW +|N Oc

Chess

LEONARD BARDEN



HOW many words of
four letters er more can
you make from tt
letters shown
}














| Call 0906 751 3018 for












OoVOEZnNMODWOA




21 Charges, 23 Irate, 25 Totem, 26
Bear.

Learn, 15 Raiding, 17 Retouch, 19 Pig
iron, 21 Cushion, 22 Twist, 24
Exacting, 27 On a string, 28 Trace, 29
Suet, 30 Dressmaker.

13 Farce, 15 Erosion, 17 Traffic, 19
Arsenic, 21 Tremble, 22 Tenor, 24
Domestic, 27 Essential, 28 Usage,
29 Toys, 30 Heartbreak.

Down: 1 Deck, 2 Strenuous, 3

Fabricate, 20 Codeine, 21 Tumbler,
23 Nasty, 25 Squib, 26 Teak.

Unequivocal (5)
Country of southern
Atrica (8)

15

19

Forbearance when
provoked (8)
As one chooses (2,4)



Capodanno of the THalian team. who
brought ina doubled game contract
that virtually everyone
a panel of experts
would not be made.

including
Was certian

hand worth an opening. bid. When
North doubled) West's) pre-emptive
two-heart bid, Capodanno showed

Suppress (6) 13 For what reason (3) This deal occurred ina match ing cards were the A-S-4 of hearts

Across: 1 Safety rail, 6 Snub, 10 Across: 1 Disclosure, 6 Calf, 10 17 Prime (6) 14 Programme of les- ee ee Ge ae a oa ol ia, — ee hegre tas
. . ran : : : | 6 ( Ne Ss team cham ie Je 2) OE NEATTS & ‘ : SO
Denim, 11 Matriarch, 12 Aspiring, 13 Carat, 11 Outnumber, 12 Inveigle, 18 Scottish river (3) sons (8) pionship. The heroine was Luciana West still held the K-Q-9 of hearts,

and had been forced to discard all but
one of her clubs

Capodanuo now put the frosting
on the cake by leading a club to the
ace followed by the jack of hearts,

| : | CRYPTIC PUZZLE | \ today’s Target solution
| prir { i ee
| Pee TODAY'S TARGET | aatewerecoree duty |
| Across Down Good tL vereood
| R 1 Cut and run (5) 2 Final victor (8)
| j 8 Boys must be prepared to 3 Call for a rise (8) ‘
observe it (5,3) - 4 In difficulty I

B 9 Save a ship and rescue drop a note (6) Contract Bridge :
| U about fifty (5) 5 Be quiet going by Steve Becker
{ | N i 10 Agitated cowhands in to purchase :

CI

| demonstrating how they something like a
| E want to be paid (4,4) shrub? (5) Famous Hand
| | 11 Health resort in the country 6 Boat causes water to rise
| (5) (5) North dealer. her true colors by bidding two
' | T ; 12 Ben sent back a bill (3) 7 Pigs from a southern port North-South vulnerable. spades, Which was taised to four by
| WwW 16 A wool-gatherer perhaps perhaps (5) NORTH North and doubled by East.

; @K 104 Capodanno won the opening dia-
| (6) 12 Born in France (3) ¥I1032 mound lead with the queen, cashed the
| |: O 17 Aking, badly hurt in leg- 13 Sheepish #82 ace and rattled a diamond with the

: end (6) expression (3) RAQTO four of spades as West discarded a

= . . WEST EAST heart. The king of spades was taken

18 pellenton Greece needs 14 Having for sale an item a6 &AQT? by East, who exited with a trump to
some interpretation (3) sold in pairs (8) ¥KQY9TOS v dummy’s ten. Sinee South appar-

23 Climb with knott e tli r j Across. Down 107 @KI6S43 ently still had to lose a club and two

N ed laces 15 Hustling around in Ww $9853 wR I : , i

(5) the daytime (8) = 1 Form (5) 2 Mirth (8) ee PO. ONIN, See gems

ae , 24 They take steps to protest, 19 Bird disease affecting NS 8 Position of eminence 3 Take no chances @OI8S3 However declarer aan made the

| O |: perhaps (8) ; humans (6) 5 (8) (4,4) . es key play of Ieading a low aed a
; : sass . AQ dummy, taken by Fast’s jack. bast:

| N 25 There's relief when it is 20 A nes accent on the Qa. 9 Cold and unsheltered 4 Out-of-the-way (6) #102 returned a diamond, ruffed by South,
unsuccessful (5) tennis court? (5) > (5) 5 Obverse of coin (5) The bidding: Who discarded a club from dummy.

E 26 Don't allow to come out (8) | 21 Stays on stage (5) ” 10 Deceive (8) 6 Sedate (5) Ne a ae West Declarer then 7 He s two

a : : ass We ly r sMaining trumps, discarc ing a Yeart

27 An entrance of ornamental 22 Footwear about right for << 11 Skirmish (5) 7 Accidental success Dble Pass 6 Pas ind thw queen of clubs from dummy,

stone (5) the beach (5) Lu 5 41% Dble Nine tricks had been played to

12 Wood used for bows (5) Cicnine leaded tdi , + Capod head
pening teac en Ob diamonds, this poral, anc apodanno had v on
| (3) 12 Nevertheless (3) seven of them. South’s four remain-
Down: 1 Side, 2 Finishing, 3 Tempi, 4 25 Ah k 20 Sky blue (5

Ramming, 5 Integer, 7 Norma, 8 Lathe, 4 Shotgun, 5 Retreat, 7 a Ga NOOR) Be : (5) South’s initial double was in ducked to West. West won with the

Behindhand, 9 Violates, 14 Propitious, | Amber, 8 Far-fetched, 9 Suffrage, 14 26 Of late (8) 21 Distinctive flavour (5) keeping with the Halian style ofmak- queen but had to tead a heart from

16 Irritate, 18 Union Jack, 20 Needier, | Department, 16 Ignorant, 18 27 At oblique angle (5) 22 Dim (5) IE UIREO ME MOU Ane wallyatlmost any «tie Ese atl Owns at dott a

ama Ver GoOublec

last two. tricks
same with the ten and ace of

hearts

Tomorrow: Necessity: the mother of invention

‘OOS King Peatures Sy adic

ile En
THE TRIBUNE



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everyd
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ay differ from the photos shown. Some product availability may differ for Grand Bahama AAR OSETEY WT TONER AO

AINOOMBDBNASER
PAGE 26, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE

INTERNATIONAL NEWS



RESIDENTS |
flee their hill-
side homes
during a fast
moving, wind
driven brush |
fire in the Syl- |
mar area of
the San Fer-
nando Valley
in Los Ange-
les, Monday,
Oct. 13,
2008.

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“as smoke = and



California battered
by wind-whipped



Fires making way
to the west coast

m LOS ANGELES

POWERFUL WINDS
stoked three major wildfires on
Tuesday morning after destrey-
ing dozens of homes, forcing
thousands to flee and killing two
people, according to the Asso-
ciated Press.

The fires have charred seuniy
15 square miles in suburban Los
Angeles and northern San
Diego County in three days,
with the fiercest blazes burning
in the San Fernando Valley.

More than 2,000 firefighters
and a fleet of water- and retar-
dant-dropping aircraft battled a
5,000 acre fire in canyons on the
west end of the valley and
another 5,300-acre fire at the
northeast end. Both were burn-
ing brightly Tuesday morning,
sending flames skyward.

Santa Ana winds were gusting
at 50 mph in parts of the valley
Tuesday morning, county fire
officials said.

Another 3,000 acres were
scorched by Tuesday morning
in Camp Pendleton, forcing the
evacuation of more than 1,400
homes at the huge San Diego
County Marine base and in
nearby Oceanside, according to
the base’s Web site. The fast-
growing blaze had yet to burn
any structures on the base.

Firefighters had little to no
containment of any of the fires

-early Tuesday.
“The fire wants to make its

way to the coast, and we’re
going to do our level best to stop
it,” said Los Angeles Fire
Department spokesman Brian
Humphrey. “Two-thirds of our
department is on the line.”

The California Highway
Patrol expected snarled traffic
Tuesday morning. In San
Bernardino, Interstate 215 was
closed in both directions as fire-
fighters dealt with separate fires
in the area.

The 118 Ronald Reagan Free-
way was closed again Tuesday
flames
approached the roadway.

The freeway was the scene of
a fatal wreck Monday when a
tow truck rear-ended a car and
killed the driver. California
Highway Patrol Officer Leland
Tang said traffic stalled because
firefighters were going by as fire

neared the route.

A second fatality was discov-
ered Monday in the rugged
canyonlands below the moun-
tainous Angeles National For-
est. The victim was a man who
appeared to be a transient living

‘with a dog in a makeshift shel-

ter, officials said. Mayor Antho-
ny Villaraigosa said it would,
take some time to identify the
victim.

Authorities confirmed more
than three dozen mobile homes
burned in the west end of the
valley and 19 structures — some
of them homes — were
destroyed at the northeast end.
Commercial sites burned in both
fires.

Fire officials alerted other
communities to the west in the
Ventura County city of Simi
Valley and south to Malibu, 20
miles away, as an ominous
plume streamed over neighbor-
hoods and far out to sea.

A fire broke out near the
U.S.-Mexico border in San
Diego County Tuesday morn-
ing and forced the evacuation
of about 300 homes in the town
of Campo, said Sheriff's Lt.
Anthony Ray. It had burned
about 150 acres on both side of
Highway 94 but no structures
have been burned and no one,
has been injured, Ray said.

Gov. Arnold Schwarzenegger
declared a state of emergency
in Los Angeles and Ventura
counties and urged residents to
be prepared for anything.

“Winds are causing fire con-
ditions to change by the hour,
which is why it is so important
that residents in the areas sur-
rounding these wildfires heed
warnings from public safety offi-
cials to evacuate, * Schwarzeneg>
ger said.

Residents were not allowed
to drive into one of Porter
Ranch’s gated communities, so
they parked their cars, ran to

. their homes and carried out

whatever they could carry in pil-
low cases, in their arms, sacks
and suitcases. Some ran, out
clutching paintings. “

In nearby Twin Lakes, a
neighborhood of narrow streets
perched above the 118 Freeway,
the fire raced through the com-
munity of about 95 homes.
destroying at least four.



AP Photos

VINNIE MAKUNYAN holds a cloth to his face againstheavy |
smoke while Los Angeles firefighters keep watch on flames
near homes in Los Angeles’ Granada Hills area as efforts to

control wildfires in Southern California continue Tuesday, Oct. |

14, 2008.


THURSDAY,

OCTOBER

ea





Money Safe.
Money Fast.

MoneyGram.

faternational Money Transfer

|? Bank of The fafa

(INTERNATIONAL

, Offshore bank revenues
may take ‘10-15%’ drop

Financial sector to suffer hit from stock market crash impact on
client portfolios, as fees linked to assets under management

@ By NEIL HARTNELL
Tribune Business Editor



ahamas-based

private banking

institutions could

see a “reduction

in fee revenues”

of at least 10-15 per cent this
year as a result of the global
stock market meltdown, senior
financial executives told Tri-
bune Business yesterday, as
client asset portfolios suffer a
substantial reduction in value.
Michael Anderson, RoyalFi-
delity Merchant Bank & Trust’s
president, explained that the

stock market crash was likely
to directly impact the earnings
of Bahamas-based financial
institutions because fees in the
so-called ‘offshore’ sector were
tied to the value of client assets
under administration/manage-
ment.

Many of these clients will
have suffered substantial loss-
es as a result of the global stock
market meltdown, because a

Seller build-up creates
BISX ‘buyers market’

@ By NEIL HARTNELL
Tribune Business Editor

A “buyers market” has devel-
oped on the Bahamas Interna-
tional Securities Exchange
(BISX) as selling pressure
among public stocks has steadi-
ly built up throughout 2008,
with analysts telling Tribune
Business. yesterday that there
were “good buying opportuni-
ties” ahead for investors to pick

“up undervalued stocks during
the first six-nine months of 2009.
_ Michael Anderson, RoyalFi-
delity Merchant Bank & Trust’s

president, said: “For the last six
months or so, there has been a

- build-up of sellers in the sec-

ond and third tier stocks of the
market.”

He explained that the lead-
ing stocks were supported by

major institutional investors,’

such as pension funds and insur-
ance companies, plus high-net
worth individuals who took a
much longer-term view of their
investments, compared to indi-

vidual retail investors.

Institutional investors based

SEE page 16B

EPA to ‘increase’

bureaucracy level

@ By NEIL HARTNELL
Tribune Business Editor

SIGNING the Economic
Partnership Agreement (EPA)
will “increase” the bureaucra-
cy and red tape facing Bahami-
an businesses, a leading attor-

ney told Tribune Business yes-

terday, warning that it was
“unwise” for this nation to join
without seemingly knowing the
full implementation costs it will
incur.

Brian Moree, senior partner
at McKinney, Bancroft &
Hughes, urged that when it
came time for Parliament to
vote on laws giving effect to the
EPA trade agreement and this
country’s obligations, the
Bahamian people “should

demand” that each MP and





* ‘Unwise’ to sign without
knowing full
implementation costs

* Bahamian people urged
to ask MPs why they
support EU trade deal .

Senator explain why they voted
the way they did. :

Arguing that there were like-
ly to be “very few, if any signif-
icant” benefits accruing to the
Bahamian economy as a result
of signing yesterday’s trade
agreement with the European
Union (EU), Mr Moree said it
appeared that the Bahamas was
agreeing to a deal without
knowing the full costs.

“I think there are going to be
considerable costs attached to
the implementation of this
[agreement],” Mr Moree told
Tribune Business. “I have not
read or seen any estimates.

“I don’t know whether a full
and complete study has been
done, but if it has, it has not
been shared with the Bahamian
people. So we are signing up to
an agreement where there has
not been a full costing, and that
seems to be unwise and not in
keeping with the Government’s
transparency” pledges during
the 2007 general election.

Zhivargo Laing, minister of
state for finance, previously told
Tribune Business that both the
Government and the CARI-
COM Secretariat had devel-
oped separate frameworks that
would guide this nation and oth-
er CARIFORUM states on the

SEE page 8B

significant percentage of their
assets will have been invested
in equities.

For example, year-to-date,
the Dow Jones Industrial Aver-
age in the US is down some 33
per cent, while the FTSE 100
Index in London is off by
almost 47 per cent from its New
Year starting point.

Mr Anderson said that with
some clients having experienced

a drastic drop in asset values,
“the earnings of private banks
down here are going to be
impacted, because ‘fees are
based on that”.

He acknowledged, though,
that it was hard to predict just
how much Bahamas-based pri-
vate banks, trust companies and
other institutions in the inter-
national financial services indus-
try would be impacted, as much

depended on fee structures and
the percentage of their total rev-
enues that was derived from
asset-linked, fee-based income.

Yet with global stock mar-
kets having generally suffered

declines of between 30-40 per.

cent, Mr Anderson said: “The
fee income is going to be direct-
ly linked to that. I wouldn’t be

_ SEE page 6B

Stay on Hayward Port stake lifted

@ By NEIL HARTNELL
Tribune Business Editor

THE Supreme Court has lift-
ed the stay that previously pre-
vented the Hayward family
trust from dealing in its shares
in the Grand Bahama Port
Authority (GBPA) and Port
Group Ltd’s immediate hold-
ing company, Tribune Business
can reveal.

Justice K. Neville Adderley
lifted the stay previously
imposed on Seashells Invest-
ments, the investment vehicle
awned_ by, the Hayward family
trust, and which holds 50 per
cent of the shares in Interconti-
nental Diversified Corporation
(IDC), the GBPA holding com-
















pany.
* It is understood that the judge
has yet to provide written rea-
sons for his decision, which was
authorised some time last week,
as he removed the stay on a pre-
vious discharge order imposed
by Justice Anita Allen.

The removal of the stay now

means there is no restriction or *..
prohibition to prevent Seashells:
Investments, and the trustees .

of the. Hayward family. trust,
from dealing in their share-
holdings.

The Supreme Court decision,

summate the previously agreed
$100 million deal to sell its 50
per cent IDC holding - and by
extension 50 per cent of the
GBPA/Port Group Ltd shares -
to British banker Roddie Flem-
ing. s

It is understood, though, that
no sale has been closed yet.
‘Ifit was, Mr Fleming and

‘Geoffrey Richards, who both

resigned earlier this year from
their posts as deputy chairman
and chairman, respectively, of
the former’s Fleming Family &
Partners merchant bank/private

although it gaye. po. explicitaulss: seguity house, would become 50

ing on this aspect, is likely to,
be interpreted by many as clear-
ing the way for Seashells Invest-
ments, if it so wishes, to con-

rl Na ee aii

With a Bank of The Bahamas International

Cola Ceere a

per cent shareholders in the
GBPA with the late Edward St

SEE page 4B

Features:

@ ATM Card

BUSINESS TECHNOLOGY
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Minister atimits
‘disappointment’
on Act ‘hold-up’

@ By NEIL HARTNELL
Tribune Busir »ss Editor |

THE ministe1
of state for
finance yesterday
told Tribune
Business he was
“a little disap-
pointed” that
implementation
of the Domestic
Insurance Act
had been delayed
by further work
on its regulations ut said the
Government was :rying to do
the right thing”.

“I’m a little disa >ointed that
we had a hold-up on that,”
Zhivargo Laing said, when
asked by this newspaper about

‘the status of the Domestic
Insurance Act and its accom-
panying regulations.

“Essentially, what happened
was that when the regulations
were approved by the industry,
they were approved in seven or
eight parts,” he explained.

“In examining the parts, it
was the view of.the drafters of
the legislation that to give it
greater harmony and cohesion
there had to be some tidying
up, which caused some back
and forth on that.”

Mr Laing said he was unable
to give a date for when the Act
would come into force, or when
the regulations would be tabled
in Parliament, adding that he
would “have to leave that deter-
mination to a body bigger than
myself”, namely the Cabinet.

“There has to be agreement

SEE page 9B


























net

1-28-3040
PAGE 2B, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE

project manager
skills for managing pro
The course prepares tt nudent for the Pra
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THE TRIBUNE



Wireless card payment
‘0 aid ‘mobile business’

w By ALEX MISSICK

TRIPOINT Communications
and its partner, Comstar Inter-
active, yesterday said they were
targeting restaurants ‘and mobile
businesses such as taxi and limo
drivers with their newly-
launched wireless payment sys-
tem for credit and debit card
payments.

The Verifone Vx610 and
Vx670 wireless terminals are
systems that provide wireless
payment solutions on a GSM
platform for customers and
merchants all over the world.

Tripoint’s target markets in
the Bahamas will be limo and
taxi drivers, straw market ven-
dors, restaurants and mobile
businesses. Its two wireless ter-
minal models are available as
of today, and have been tested
via the Bahamas Telecommu-
nications Company’s (BTC)
GPRS infrastructure. They have
experienced, in many instances,
a three to five-second approval
when transactions were con-
ducted.

The terminals were tested








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successfully on a number of
Bahamian cays and remote
locations, including Abaco and
Grand Bahama.

Christopher Brown, Tripoint
Communications’ president,
said his company was convinced
its wireless solution provides a
way to reach an untapped seg-
ment of the card processing
market.

“We are seeking to make

available the wireless terminal,

which is in fact mobile, and

gives persons like the cab dri-
vers, straw market vendors and

‘those who have businesses on

the street the ability to now eas-
ily provide payment options for
those persons who want to pay
via credit card or debit card,”
Mr Brown said.

He explained that this new
service was not just limited to
the wireless terminals. There
were a number of devices that
can be used via a cell phone,
such as the wide range of Black-
berry devices, Windows Mobile
5.0 compatible devices such as
the Palm, and the personal com-
puter.

“Gone are the days when a

person just has to have a termi-

nal to make a transaction. This

provides more options for pay-
‘ment solutions, as this is a win-
win situation for both the banks .

and the merchants,” Mr Brown
said.

When it came to the benefits
of this new service, Mr Brown
indicated that they range from
ease of processing transactions
to security. for both the cus-
tomer and merchant.

“What I have observed with
what is in place now, in terms of
transactions being processed,
for example the straw vendors,
many of them have to walk the
tourist to an ATM or walk the
tourist to a business place that
has a credit card machine in it,
where they may have made
arrangements with that business
to have their transactions made
there,” Mr Brown added.

“What happens is that they
stand to lose potential sales
because they have to leave their
station, With the wireless ter-
minal, they can make the pay-
ment themselves, being right
there and not having to lose any
business as a result of moving
away.”

As for the cab drivers, Mr
Brown indicated they would
normally have to call in some-
where and have persons pub-
licly and manually enter the
credit or debit card number.
However, there were risks
involved with that process. The
wireless terminalalso reduces
lost payments because of the
lack of security and privacy.

The terminal cost can range
from $300 to $600, depending
on the needs of the merchant.
There is a $250 refund if a mer-
chuni decides to cease the ser-
vice, and a $50 per month
charge for rental of the termi-
nal, which includes a SIM card.

“We wanted to make the ter-

“wninak affordable enough for
iAérehhnis avd those that are

mobile” Mr Brown said.

Confidence Investments Limited
| Tel: 356-3145 ¢ 325-6447/9 © 362-1144
After 6pm: 341-7184 © 424-5227 »* 324-1685

SP

sar

THURSDAY, OCTOBER 16, 2008, PAGE 3B

Use your local credit card. Tickets are issued locally.

aA

.. 242.328.0264 | 242.328.0257 | 242.322.7371 | 242.325.6991

Fax: 242.325.6878 | www.premiertravelbahamas.com

AUTO NO.

2116

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1998
2004:
2000
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2000

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Nassau, Bahamas
TELEPHONE 356-2109

Offers/Enquires Contact:
Charise Miller - (242) 502-6130/502-6132
P.O. Box SS-6263 * Nassau, Bahamas —

NSIGHT

For the stories
behind the news,

read Insight
on Mondays

go on that dream vacation
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-_— see

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PAGE 4B, THURSDAY, OCTOBER 16, 2008





¥€ VF F FE ELC F



Speaker:
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Purpose:

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THE TRIBUNE





Stay on





ayward
stake

lifted

FROM page 1B

Géorge’s estate.
The estate has repeatedly said

INSIGHT

ey may eWey et ets
behind the news,
icy e Mp he 1s) 4
on Mondays





The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

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

Essay Contest Rules:

Share your news

SUNSHINE INSURANCE

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it does not want to do business
with Mr Fleming, so it would
be interesting to see how the
two sides get along as partners.

Mr Fleming and Mr Richards
resigned from Fleming Family
& Partners to pursue their inter-
est in acquiring the GBPA and.
Port Group Ltd, the pair want-
ing to obtain 100 per cent con-
trol. However, Prime Minister
Hubert Ingraham said earlier
this year that the Government
was not prepared to allow Mr
Fleming to become 100 per cent
owner of the two entities.

Yet Mr Fleming’s business
plan for Freeport - and by
extension Grand Bahama - is
based on him securing 100 per













\

_

~

J

y)

cent control. In a carefully-craft-
ed 90-page strategy document
released earlier this year, Mr
Fieming said he and his busi-
ness partners were prepared to
invest $1 billion of their own
equity in acquiring control and
financing an initial slate of
investments to get Freeport’s
economy moving.

They believe this could act as
the catalyst to attract as-much as
$25 billion in further foreign
direct investment into Freeport
between the time of their acqui-
sition and 2020: ‘

Among the industries being |
targeted is the creation of
Freeport’s own international
financial centre, modelled along
the lines of those in Dubai and
Singapore, and focused on
international commerce-and
major capital markets transac-
tions.

Other developments being
eyed by Mr Fleming include a

$1-$3 billion oil refinery, plus a

new cruise ship harbour and ter-
minal, new non-US interna-
tional terminal at Grand
Bahama International Airport
and a business management and
skills training academy.

Also or Mr Fleming’s agenda —
is a $1 billion liquefied natural
gas (LNG) terminal and leading -
entertainment centre.

If you are interested in volunteering
please contact us at 393-1317 or
email us at bntmembership@bnt.bs :

« Essay should be 3 to 5 pages, double
spaced, 12 point font
All submissions must include the entry

3 form found on www.ecsife.org or at
_BNT and BREEF will be offering. Sunshine Insurance 's office at
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Saturday, November 22 at Sunshine

Watts

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ICO y
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point average of 2.5 on a 4.0 scale

Gladstone Rd





Tonique Darling-Williams Highway

Â¥ \ i v
THE TRIBUNE



expensive ever’ |

A REALTOR has branded
two Paradise Island lots that
sold recently for $21 million as
“the most expensive per square
foot” pieces of real estate ever
sold in the Bahamas. °

Luxury market specialist
Mario Carey said the sale
showed that the peak end of the
Bahamian real estate market,
which is dominated by foreign
buyers, had yet to be impacted
by a combination of the stock
market meltdown, global eco-
nomic downturn and credit
crunch. ‘

“They're the most expensive,
per square foot, residential sin-
gle family lots ever sold in the
Bahamas as far as I know,” said
Mr Carey.

“While this particular buyer
was not American, and the sale
was completed before the
events of the past few weeks,
what we’ve been seeing recent-
ly despite the financial markets
fall-out is a continuation of the
expectation that the Bahamas
prime property market is, at
least for now, in a class of its
own.”

Mr Carey opened his own
firm, Mario Carey Realty. on
East Bay Street in May. He
added: “Listings are coming in
higher than last year. Those
who are interested are not casu-
al buyers, but serious, and
there’s been no sign of interest
in quick sales or escapes from
the market, just the reverse.

“I’ve been in real estate in
Florida and the Bahamas for
more than 25 years, but with
this company being so new, and
to already have a half billion
dollars in listings and have
appraised more than $125 mil-
lion in property in such a short
time is amazing.

“T’m not sure how much is us
and how much is the market but

I can say one thing for sure, if’

the Bahamian market weren’t
so strong, we would not be in
the position we are in today in
this office.”

Last year, Mr Carey handled
the sale of the then-most expen-
sive penthouse at The Reef, the
22-storey condo hotel on Par-

NN EVaom er



adise Island built as a joint ven-
ture between Kerzner Interna-
tional and Turnberry Associ-
ates. That penthouse sold for
$7.6 million and re-listed a
month later at $9.9 million.

He was also responsible for
the most expensive sale of a
penthouse in Ocean Club Resi-
dences and Marina at $11 mil-
lion, and he handled the sale of
baseball great Barry Bonds’
Paradise Island house in Ocean
Club Estates. Current price tag
to be: $20 million.

The luxury property market,
Mr Carey believes, attracts less
than half a per cent of all real
estate in numbers, but that half
per cent or less enjoys a dispro-

_portionate share of total worth

in the industry.

“There is a great shortage of
mid-level money, but there is
no apparent shortage of big
money,” said Mr Carey, who
credits Kerzner for creating the
high demand-product that
buoys the New Providence mar-
ket, along with enclaves like
Lyford Cay, Old Fort Bay, Port
New Providence and Albany.

“Don’t forget it also boosts
the Treasury’s coffers,” said Mr
Carey. “Stamp tax on the sale of
the two lots was nearly $2 mil-
lion, paid in full at the time of
sale.”

NOTICE

NOTICE is hereby given that SENEQUE YOUTE of
THE GROVE, 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 9TH day of OCTOBER 2008
to the Minister responsible for Nationality and Citizenship,
P.O.Box N- 7147, Nassau, Bahamas.

NOTICE

NOTICE is hereby given that CHARLINE CHARLES
of #29 BONNEY WAY, P.O. BOX N-1013, 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
9TH day of OCTOBER 2008 to the Minister responsible
for Nationality and Citizenship, PO:Box N- 7147, Nassau,

Bahamas.

NOTICE OF
RECEIVERSHIP

NASSAU BUILDING
SUPPLIES LIMITED

NOTICE is hereby given that NASSAU BUILD-
ING SUPPLIES LIMITED, a company incorporat-
ed under The Companies Act, has on the 7th day
of October, 2008 been placed into receivership by
the Supreme Court upon the Ex-Parte Summons
filed on the 16th September, 2008 and be advised
that JOHN S. BAIN of HLB Galanis Bain has been
appointed the Receiver and Manager of the prop-
erty and assets of the company.



Lot Hospital Lane & Dillet Street

Single Family Residence

6-Bedrooms, 3-Bathrooms

Property Size: 2,215 sq.ft

Building Size: 2,164 sq.ft

Appraised Value: $197,000.00

From Blue Hill Road North, turn onto Meeting Street
travel West on Meeting street and the subject is on the
south-east corner of the first corner on the left, which
is Hospital Lane. The subject is a split-level residence
painted tan trimmed white.

Parcel of Land Romer Street Fox Hill, N.P.
Single Family Residence

(3) Bedroom, (1) Bathroom

Property Size:4,961 sq.ft

Building Size: 1,014 sq.ft

Appraised Value: $115,000.00

From Fox Hill Road turn onto Romer Street (Church Of
God Prophecy and Fox Hill Community Centre junction)
travel east east on Romer Street to the third corner on
the right travel south to the fourth house on the left
which is at a dead end. The subject is a split level
residence painted blue and trimmed white aith a tiled
entrance patio

Lot#3005, Sir Linden Pindling Estates, N.P
Single Family Residence

3 Bedroom, 2 Bathroom

Property Size: 5,000 sq.ft

Building Size: 1,153 sq.ft

Appraised Value: $164,000.00

From Charles Saunders Highway enter Sir Lynden
Pindling Estates and travel south on Lady Marguerite
Pindling Avenue to the second street on the left (Lauren
Street) travel east on .

Single Family Residence
3Bedrooms, 2 Bathrooms
Property Size: 5,065 sq.ft
Building Size: 1,688 sq.ft
Appraised Value: $189,000.00

From Gladstone Road travel east along Rocky Pine Road
for approximately 1,444 feet and turn left on Dame Doris
Drive then another left and the subject property is the
third from corner.

Lot#19F, Grants Town, N.P.

Single Family Residence

2 Bedrooms, 1 Bathrooms/ with petty shop 45% comp.
Property Size: 4,835 sq.ft

Building Size: 682 sq.ft

Appraised Value: $83,000.00

Travel along East Street North and turn onto Odle Corner
travel east on Odle Corner to the dead end (Collins Wall)
and the subject the last house on the left. The house is
painted white and trimmed maroone.

Lot#33, BIk#1, Faith Gardens,N.P
2 Bedroom, 2 Bathrooms
Property Size:6,200 sq.ft

Building size: 1,585 sq.ft
Appraised Value:$196,000.00

From the intersection of Cowpen Road and Faith Avenue
travel. west on Faith Avenue to the entrance of Faith
Gardens Subdivision turn left into the Subdivision and
travel to the second corner on the right (Collins Drive)
turn right onto Collins Drive and travel west and the
subject is the thirteenth property on the right. The house
is painted green trimmed white.

Lot#3375/76 Sir Lynden Pindling Estates, N.P.
Single-Family Residence

3 Bedrooms, 2 Bathrooms .
Property Size: 5,500 sq.ft

Building Size:1,150 sq.ft

. Appraised Value: $161,000.00

From East Street & Bamboo Boulevard (south beach
Police Station) travel east on Bamboo Boulevard to the

THURSDAY, OCTOBER 16, 2008, PAGE 5B
$21m PI sale
was ‘the most




round-about continue traveling eastward on C.W.
Saunders Highway; take the second right, Lady
Marguerite Pindling Avenue, then take the first left,
Lauren Street and the subject property is the sixteenth
lot on the right.







Lot#39, Boyd Subdivision, N.P

Single Family Residence with Apartment Attached
3 Bedrooms, 1 Bathrooms - House

2 Bedroom, 1 Bathroom - Apartment

Property Size: 9,600 sq.ft

Building Size: 1,768 sq.ft

Appraised Value: $209,000.00

Travel west on Boyd Road to the intersection of
Providence Avenue turn left and proceed straight ahead
at the fork in the road (Poitier Avenue) to the eleventh
property on the right. House #21 the colour is olive
trimmed white.















Lot#2527, Sir Lynden Pindling Estates Subdivision
Single Family Residence

3 Bedrooms, 2 Bathrooms

Property Size;5,040 sq.ft

Building Size: 1,136 sq.ft

Appraised Value: $172,000.00

Travel west on Charles W. Saunders Highway pass Sadie
Curtis Primary turn left after the school and then an
immediate left onto a dirt road travel west on this road
to the T-junction and the subject is immediately opposite
the T-junction. The subject is painted tan and trimmed
tan.












Lot#22, tropical Gardens Subdivision, N.P.

3 Bedrooms, 3 Bathrooms

Propery Size: 8,050 sq.ft

Building Size: 1,464 sq.ft

Appraised Value: $200,000.00

From West Bay Street travel south along Tropical Gardens
Rd turn second left (Periwinkle Road) continue pass first
road on left and the subject property is the third from
the corner on left. :








Lot#51A, Albury Street & Dunmore Avenue

Single Family Residence

(3) Bedrooms, (2) Bathrooms

Property Size: 5,000 sq.ft

Building Size: 963 sq.ft

Appraised Value: $167,000.00

Travel west along Infant view Road to the Dunmore
Avenue turn left onto Dunmore Avenue, travel south on
Dunmore Ave. and the subject is on the corner of Albury
Street and Dunmore Ave. The house is painted white
and trimmed maroone.












Lot#336, Golden Gates Estates #2
Single Family Residence

(3) Bedrooms, (2) Bathrooms
Property Size: 6,000 sq.ft

Building Size: 1,890 sq.ft
Appraised Value: $207,000.00

Travel west on Carmichael Road from Blue Hill Road
turn onto the third left Golden Sun Drive )the corner after
St.Gregory's Anglican Church and before Carmichael
Primary School travel south on Sun Drive to the first,
travel west pass the second comer on the right and the
subject fourth property on the right. The subject is painted
white trimmed white.













Lot#11, Perpall Tract, N.P.
Single Family Residence

4 Bedrooms, 2 Bathrooms
Property Size: 5,280 sq.ft
Building Size: 1,843 sq.ft
Appraised Value: $210,000.00

Travelling south along Ferguson Road from West Bay
St. take the 4th corner on the left (Sherman Ave.) The
subject property is the 11th house on the left. A single
storey structure painted light orange with white asphalt
shingle roof.









es, PROPERTIES LISTED FOR SALE |

Contact Numbers 393-2004
HOUSES

Lot# 1266, Pinewood Gardens, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 5,000 sq.ft

Building Size: 1,035 sq.ft
Appraised Value: $112,000.00

Turn north onto Willow Tree Ave. from Pinewood Drive.
Travelling north on Willow Tree Ave. turn through the 3rd
corner on the left hand side which is Sugar Apple Street
and the property is the 8th lot on the left hand side.

Lot#2, Partition of Allotment, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 6,867 sq.ft
Building Size: 1,716 sq.ft
Appraised Value: $229,000.00

Travel south on Fox Hill Road to Johnson Barber Shop,
turn onto the first right and travel east to the second
corner on the left, travel south to the T-Junction and the
subject is straight ahead. The house is painted olive
trimmed white/beige.

Lot#26, Frelia Subdivision, N.P.
Single Family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 5,000 sq.ft
Building Size: 1,220 sq.ft
Appraised Value: $192,000.00

From Faith Avenue and Fire Trail east on Faith Avenue,
follow the curve around to the right (approximately 0.6
of a mile east of Faith Avenue) take the first left into
Frelia Subdivision, then the first right and the subject
property is the last lots on the right.

Lot#320, Eastwood Estates Subdivision, N.P
Single Family Residence

2 Bedrooms, 1 Bathroom

Property Size: 6,000 sq.ft

Building Size: 2,110 sq.ft

Appraised Value: $242,000.00

From Prince Charles Drive turn north into Eastwood
Estates Subdivision, travel north along Tulip Boulevard
to the fourth corner on the left (Gibben Road) turn left
onto Gibben Road and travel west to third corner right
(Petrea Street) turn right onto Petrea Street and the
subject is the fifth property on the right or the . fourth
house (House#33). House is painted white and trimmed
white.

Lot#168, St. Andrews Beach
Single family Residence

3 Bedrooms, 2 Bathrooms
Property Size: 8,100 sq.ft
Building Size: 1,170 sq.ft
Appraised Value: $239,000.00

From Yamacraw Hill Road & St. andrew's Beach
Boulevard, travel south on St. Andrews Beach Boulevard,
take the first left, Apennine Avenue, follow the curve
around to the right on to St. andrews Circle East, and.
the subject property is the fifth lot on the right past the
first corner on the right. Atacama Avenue.

Lot#1267, Pinewood Gardens
Single Family Residence

3 Bedrooms, 2Bathrooms
Property Size: 5,000 sq.ft
Building Size: 1,000 sq.ft
Appraised Value: $108,000.00

Travel west on Pinewood Drive turn on to Willow Tree
Drive which is the 1st corner on the right side after the
Pinewood round about heading north on Willow Tree
Drive take the 3rd corner on the left side which is Sugar
Apple Street and the property is the 7th lot on the left
side the building is yellow trim white.

VACANT LAND

Vacant land

Part of Lot being Southeast Moiety of Parcel D1 Property
SizeL: 12,500 sq.ft

Appraised Value: $120,000.00

From New mt. zion Missionary Baptist Church on South

Beach Road for about 200 ft on the right is a green
duplex followed by a beige duplex. The subject property

- is immediately behind the beige duplex.

Lot#2 of Tract Northernside Adelaide Road
Vacant land

Property Size: 5,756 sq.ft

Appraised Value: 80,000.00

From Adelaide Rd and Adeliade Village Road travel east
about 800 ft then turn left into subdivision property is
the 3rd lot on the right.

Vacant Land
Lot#1, Sanford Drive
Property Size: 10,000 sq.ft

Appraised Value: $215,000.00

From Sanford Drive and marling drive travel west on
Sanford Drive until you reach the first corner on the right
(road leading into Highland Terrace) turn around and
travel back east on Sanford Drive turn left on to a private



driveway between the second and third lots beige
apartment and yarrow town house and the subject
property is at the end of the driveway.

Property Size: 13,992 sq.ft
Vacant Land
Appraised Value: $210,000.00

From Carmichael Road turn onto Gladstone Road trave
north on Gladstone Road to the entrance of Sea Well
Manor Subdivision which is the corner north of Polar
Ice Ltd. And the subject is the property at the entrance
next to Polar Ice Ltd which is vacant.

APARTMENTS/CONDOMINIUMS |

Lot#594, Stapledon Gardens, N.P.
Triplex Apartment

1 - 2 Bedrooms, 2 Bathrooms

2 - 2 Bedrooms, 1 Bathroom
Property Size: 10,000 sq.ft -
Building Size: 3,000 sq.ft
Appraised Value: $535,000.00

From JFK Drive & Bethel Ave travel south on Bethel Ave
take the second left Spitfire Road and the subject property
is the last building is the last building on the right at the
T-Junction of Spitfire Road and Turnquest Avenue.

Duplex Apartment

Each Unit 2 Bedrooms, 1 Bath
Property Size: 5,800 sq.ft
Building Size: 1,415 sq.ft
Appraised Value: $187,000.00

From Fox Hill Road & kool Air Drive travel west on Kool
Air Drive take the eights or last corner right and the
subject property is the second lot on the right.

Uniti#4, Hillcrest Tower Condominium, N.p.
Condominium

2 Bedroom, 2 Bathrooms

Unit Size: 1,110 sq.ft

Appraised Value: 200,000.00

Travel south on Collins Avenue to Third Terrace turn west
on third terrace and the subject is contained within the
second building on the right which is a condominium
complex. The subject complex. The subject complex is
painted lime green and trimmed white.

Lot of Land situate noth of Step Street
Unfinished Triplex Apartment (35% completed)
Each unit 1 Bedroom, 1 Bathroom

Property Size: 12,020 sq.ft

Appraised Value: $150,000.00

From Fox Hill Road turn onto Step Street, travel west
on step street and the subject is between Rahming Street
and Cockburn Street which is the first right after Rahming
Street at the entrance to an unpaved road access and
presently under construction.

Lot#8 Hanover Court, N.P
Duplex Apartment

2 - 2 Bedrooms, 2 1/2 Bathrooms
Property size: 5,670 sq.ft
Building Size: 2,107 sq.ft
Appraised Value: $283,000.00

From Fox Hill road turn onto Sea Breeze Lane travel
west on Sea Breeze Lane and turn on the first corner

after the Christian Life Centre continue north and the
subject is the fourth property on the right. White trimmed
with an unpainted wall which is to be sprayed with the
marble creek spray on exterior.

Lot#35 & 36 Block #23, Nassau Village

Small Retail Store / w Duplex Unit

2 - 1 Bedroom, 1 Bathroom

Property Size: 5,000 sq.ft

Building Size; 946 sq.ft

Appraised Value: $155,000.00

From Soldier Road, turn onto Windsor Place travel south
on Windsor Place to the last corner on the right before
the T-junction travel west on this road and the subject

is the fifth building on the right. The subject is painted

yellow and trimmed yellow.

Lot# 23, Wild Tamarind Condominium, N.P.
Unit Size: 1,460 sq.ft

3 Bedrooms, 2 Bathrooms

Appraised Value: $192,000.00

From Prosper Road & Sandford Drive travel east for half
a Kilometer on Sandford Drive and the subject property
is on the right hand side, diagonally across from the U.S.
Ambassador residence.

Lot#209, Sunshine Park, N.P.
Four Plex Apartment

Property Size: 4,944 sq.ft
Building Size: 2,200 sq.ft
Appraised Value; $205,000.00

Heading south on Blue Hill Road take the ist entrance
into Sunshine Park take the 1st corner on left (Murray
Street) the property is the 5th building on.left hand side
of the street: The building is blue trim with white.

Lot: Approximately 5,589 sq. ft North of Johnson Road
Duplex Apartment

2 - 2 Bedrooms, 1 Bathroom Each

Property Size: 5,589 sq. ft

Building Size: 2,100 sq. ft

Appraised Value: $288,000.00

Travelling East on Bernard Road, turn north Adderley
Street (Opposite St. Augustine's College), continue north
on Adderley Street pass step street (which is on the
curve) and make the first turn right onto Johnson Terrace.
Turn onto an unpaved road on the right (which is the
first corner on the right) At the T-junction turn right
(heading south) enter gates of privately owned is a
duplex residence colored gray with white trim.

Lot East Windsor Place Soldier Road
Duplex Apartment

2- (2) Bathrooms, (1) Bathroom
Property Size: 6,000sq.ft

~ Building Size: 1,580 sq.ft

Appraised Value: $172,000.00

Travel East on Soldier Road to the intersection near
Sugar Kid Bowe Food Store turn right and travel to the
end of this street, across the intersection at the curve
turn east and the subject is the first property on the left,
which is a duplex. The duplex is recently painted blue
and trimmed white with enclosed fencing. ;

Property situated 350 feet south Adelaide & Coral Harbour
Duplex Apartment

1-3 Bedrooms, 2 Bathroom, 1 - 1 Bedroom, 1 Bath
Property Size: 5,691 sq.ft

Building Size: 2,000 sq.ft

Appraised Value: $285,000.00

Travel along Carmichael Road to the roundabout continue
west onto Adelaide Road turn left at the fourth comer
which is an unpaved entrance road continue south on
this road and the subject is the fourth house on the left
split level green trimmed white.

Lot#10, BIk#11, Millers Heights Subdivision, N.P
Duplex Apartment

1-2 Bedrooms., 1 Bathroom

1 - 2 Bedrooms, 2 1/2 Bathrooms

Property Size: 7,500 sq.ft

Building Size:1,444 sq.ft

Appraised Value: 194,000.00

From Carmichael Road travelling west, turn left onto
East Avenue, travel south on East Avenue to the first
comer on the right travel north thereon to the first corner
on the left (Margaret Avenue) continue on Margaret Ave.
pass the first intersection and the subject is the fifth
property on the right painted mustard trimmed peach.

Lot#16, East Wind Gates Subdivision, N.P.

Duplex Apartment

1 - 2 Bedrooms, 1 Bathroom

1-3 Bedrooms, 2 1/2 Bathrooms

Property Size: 5,902 sq.ft

Building Size: 1,988 sq.ft

Appraised Value:$290,000.00

From Fox Hill Road & Pine Yard Road travel west on
Pine Yard Road, take the 5th left into East Wind Gates

ra and the subject property is the 6th on the
eft.

We providing financing to qualified buyers

CONTACT INFORMATION
RBC Royal Bank of Canada and RBC FINCO Loans Collection Centre



®Registered trade-mark of Royal Bank of Canada

â„¢The Lion & Globe symbol and RBC are trademarks of Royal Bank of Canada

way RBC
Nay FINCO
Nie
PAGE 6B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE



Offshore bank revenues
may take ‘10-15%’ drop

FROM page 1B

reduction in fee revenues for
private banks right now.’

The effects on the Bahamian
international financial services

al stock market meltdown, cou-
pled with the economic down-

surprised to see a 10-15 per cent turn and credit crunch, have

EMPLOYMENT OPPORTUNITY
HEAD ENGINEER

Large private estate in Nassau seeking a Head Engineer capable of
effectively managing the estate. Candidate must have certification/
experience in engineering and be able to maintain all equipment on the
estate. Previous experience working with large private estate, small luxury
hotel or embassy essential. Applications and resumes should include
reference from previous three employers. Send resume, certificates and
references to:













HEAD ENGINEER
P.O. BOX N-7776 (SLOT 193)
NASSAU, BAHAMAS

A global leader in audit, tax and advisory services

Manager, Restructuring

industry as a result of the glob- .

almost been overlooked until
now.

However, due to the direct
link between fees and value of

assets under management (their
-net asset value or NAV), there

is little doubt that the industry -
a third pillar of the economy,
along with tourism and foreign
direct investment - will feel the
chill winds from Wall Street,
the City of London and other
major world financial centres.

Any reduction in fee income
and, by extension, profitability
could see the bonuses and
salaries earned by Bahamas-
based financial services execu-
tives reduced, with negative
knock-on effects for other areas
of the economy as a result of
their reduced disposable income
and spending power.

Financial services workers are
among some of the highest-paid
workers in the Bahamian econ-
omy, with the multiplier effect

The Manager will report to the Directors of KPMG Restructuring Ltd.. The role has primary responsibility

for managing a portfolio of liquidation and corporate restructuring clients.

Specific duties include managing:

e liquidation cases, including both voluntary liquidations and court appointments
e restructuring engagements for lenders, providing independent business reviews of borrowers’
businesses, and assisting lenders in developing and implementing options with respect to their

financial exposure to such borrowers
restructuring advisory services to companies with financial issues
complex and lengthy litigation issues in several jurisdictions

a portfolio of restructuring clients, including financial matters such as work in ep and

accounts receivable

restructuring professionals in their work, and involvement in the internal seHionnnace poate

process
business development initiatives

Applicants must be a university graduate and a member of a recognized accountancy or insolvency body in
addition to holding a minimum of five to seven years relevant work experience, with preferably three or
more of those in a restructuring role at a comparable level. This position requires attention to detail, strong
financial and writing skills, the ability to work at one's own initiative, and the ability to meet tight

deadlines.

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

Applicants should submit a cover letter, resume, a copy of their degree and professional certifications and a copy of their transcripts to: KPMG,
Human Resources Manager, P.O. Box N123, Nassau, Bahamas or jalighthourne@ knma.com.hs no later than Friday October 31, 2008.

AUDIT -« TAX « ADVISORY

© 2008. KPMG, a Bahamas partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a

Swiss cooperative. All rights reserved.



Contemporary. Timeless. Classic.
















The Royal Botania line of outdoor furniture Is
European-designed, ergonomic & made with
durable materials to withstand extreme
environments. It features a combination of
aluminum, stainless steel, teak & synthetic
weave. Options Include feather-weight
stackable styles for easy storage or
heavier designs. There's a design to
suit your outdoor environment and
needs. All furniture is sleek with
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STORE HOURS
Mon.- Sat. 9:30am-5:30pm

55 Madeira St., Palmdale Tel: 326.7738

(C2008 Creativeretations net




helping to create additional jobs
in other sectors.

Michael Paton, a former
Bahamas Financial Services
Board (BFSB) chairman, con-

firmed that the stock market

crash and reduction in asset val-
ues would impact the fee rev-
enues earned by Bahamian
financial institutions, although
the precise impact depended on
each one’s fee structure.

“It’s certainly going to impact
fees if client asset values are
going down,” Mr Paton, a part-
ner in the Lennox Paton law
firm, and head of its financial
services practice, told Tribune
Business.

“The private banking indus-



from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

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

Share your news

The Tribune wants to hear

try will be impacted like every-
one else because of the down-
ward pressure on fees. When
people’s portfolios are taking a
30 per cent hit, it’s got to reflect
on fees.

“The stock market is going
down, and clients are going to
be a lot more conservative.
Conservative products do not
have the pricing exotic products
do, so you will see fee pressures
here.”

With fees levied as a per-
centage of the client assets
under administration, manage-
ment or custody, Mr Paton said
that while the fees would not
change, the amount they were
levied on would “take a hit”.













NOTICE

MCKEE HOLDINGS LTD.

NOTICEIS HEREBY GIVEN as follows:

(a) | MCKEE HOLDINGS LTD.is in voluntary dissolution under
the provisions of Section 137(4) of the International
Business Companies Act 2000.

The dissolution of the said company commenced on the 15
October, 2008 when the Articles of Dissolution were
submitted to and registered by the Registrar General

The Liquidator of the said company is Verduro Associated
Ltd.,Pasea Estate, Road Town, Tortola, BVI

Dated this 16th day of October, A.D.2008

Verduro Associated Lid.
Liquidator

10-50% OFF

Gifts, Handicrafts & Batik Clothing

OCT.10th

NOV. 1st

OPEN 10am - 5pm

KURA

KURA

26 Virginia St., Tel: 325 - 1389

1 bik west of Hilton hotel entrance, in large two storey
turquoise building, on one way westbound street

A

AG BMAOMZTODOSD

Dae a ee
PRIME OFFICE SPACE

Approximately 1,200 square feet of second
floor space will be available January, 2009 in
newly. constructed building at the corner of
Marlborough and Cumberland Streets. Two
(2) on-site car spaces included.

Ideal location for offshore bank, trust company,
law firm, or other professions.

Contact Owner at
362-6627 or 362 6006


THE TRIBUNE

THURSDAY, OCTOBER 16, 2008, PAGE 7B





FINCO sees
10 per cent
mortgage
erowth |

@ By CARA BRENNEN- —
BETHEL
Tribune Business

Reporter .

FINANCE Corporation of
the Bahamas (FINCO) has seen
at least a 10 per cent increase in
mortgages issued over the past
year despite the downward eco-
nomic trend, indicating demand
for home ownership remains
strong among Bahamians who
can afford it. .

Speaking at a seminar for the
Bahamas Institute of Chartered
Accountants (BICA), Tanya
McCartney, for FINCO’s man-
aging director, said that even
though there has been an
increase in foreclosed proper
ties due to the tough ecoinomic
climate, more and more
Bahamians have gotten their
finances in order and qualified
for home loans.

“There is a certain market

Deltec remains under ;
- ownership of Atlas

DELTEC Bank & Trust, the
Bahamas-based private bank-
ing institution, is not part of the
deal that has seen its owner,
Atlas Capital Associates, sell its

Benchmark
_ director
resigns
from —
Board

Sandra Knowles, former
Securities Commission execu-
tive director, has resigned from
BISX-listed Benchmark
(Bahamas) Board of Directors.

- that is focused on home: own-

ership and ready to get their
piece of the rock,” Ms McCart-
ney said. Real estate in the
Bahamas was still perhaps the
most solid investment, she
added.

Ms McCartney added that the
sub-prime mortgage problems
that US homeowners were now
experiencing could not happen
in the Bahamas due to the strict
regulations put in place by the
Central Bank of the Bahamas.

“Still, we are seeing a number
of persons who are finding it
difficult to make their pay-
ments, not because of interest
rates, but these are self-
employed persons, or those in
tourism or construction, and
even some professionals who
have seen a decrease in busi-
ness and thus their economic
picture has changed, even

. though initially, they were qual-

ified for the loan,” she

investment management busi-
ness to Sciens Capital Manage-
ment.

It remains under Atlas own-
ership.

For the stories
eR Ue

hews, reatl
MES
Montays



NOTICE

Notice is hereby given of the loss of Bahamas Government
Registered Stock Certificate as follows:

Interest

Rate Certificate No.

_Stock _ _Rate _
2007-2011 6.37500%

42-041

Maturity
Date

t Amount
25/04/08

$5,000.00

lintend to request The Registrar to issue a replacement certificate.
If this certificate is found please write to
P.O, Box N7277, Nassau, Bahamas.

EXCLUSIVE LISTING
GRAHAM ACRES

Part of Blair Estates, East

Furnished 4 bed/2 bath house, Living,
Dining and Family Room (1,781 Sq. Ft.)
air-conditioned, large Wooden Deck,
fenced in, landscaped lot in great area.

$345,000.00 Gross

Please call:
Real Estate International (Bah.) Co. Ltd.

m=)

322-4187

e-mail: hw@realestateint.com



PUBLIC AUCTION

SATURDAY, OCTOBER 25TH, 2008

By Order of
The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of The Bahamas

I. G. STUBBS WILL SELL

Eleven (11) assorted used vssels as set out in the

WHAT:
schedule below:

LOCATION

MAKE/MODEL

NAME

Potters Cay
Potters Cay
Potters Cay

Coral Harbour
“Arawak Cay
Potters Cay
Owner/Andros
Owner Possession

Der Berry’s
Shabak
Liminos

1990 - 34’ Offshore Vessel

1977 - 53’ Defender

1992 - 45’ Defender Vessel

1989 - 48’ North Carolina

1979 - 52’ Hatteras Fibre Glass Vessel
1980 - 47’ Garcia

1981 - 51’ Defender Vessel

80’ Custom Steel Hull Vessel

94’ Steel Hull Gulf Coast Shrimp Trawler |
1980 with two (2) Volvo Diesel Engine

explained.

Ms McCartney said FINCO
was eager to see how the Prime
Minister’s plans to assist per-
sons with their mortgage pay-
ments will work, and said the
bank had tried to be accommo-
dating to persons whose
accounts had been in good
standing and _ had fallen into
difficulty.

“Banks are not real estate
agents, and despite what you
see in the newspapers, we do
not take pleasure in foreclosing
on someone’s home,” Ms
McCartney said.

She added that persons have
to be willing to come in and sit
with a mortgage officer and try
to refinance in the way that will
best help them. ,

“Often, people will come to
us only when they have the
eviction notice, and by then it is
simply too late,” Ms McCart-
ney said.

M.V. Buddy
Miss Quality
Equality
Lady Kristy

Sweet Charlotte Owner Possession,
Morgan Bluff
Andros ©
M.V. Lisa III Bradford Marine
Freeport -

122’ Single Screw Steel Hull (1960)

LOCATION: Potters Cay Dock - Nassau, The Bahamas

TIME: 11:00am - Saturday, October 25th, 2008 - Preview and Inspection from 9:00am Until Auction time at
the site.

TERMS: * ALL items to be Sold Where Is As Is for Cash, Cashier’ Check or current Bank Guarantee Letter.
Purchase will not be released until paid for in full not later than 4:00pm Tuesday, November 4th, 2008. Where ,
a deposit is required, the same is non refundable. If final payment is not made by 4:00pm Tuesday, November
4, 2008 any and all deposits made will be forfeited.

Any and all Notices or amendments by Auctioneer on said Auction Day whether written or verbal shall supercede
this or any subsequent advertisement.

‘For further information contact I. G. Stubbs at 322-2028 or Fax: 328-8086 or Email: igstubbs@coralwave.com
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724 '
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com
1G. STUBBS

PUBLIC AUCTIONEER - LICENSE #0360

aie
NA

Nassau Airport

Development Company



U, Y
yj Y
WHIM:






The Nassau Airport Development Company (NAD) is about to embark ona transformation of the
Lynden Pindling International Airport in Nassau, The Bahamas.

The design will evoke the spectacular beauty of The Ba hamas and the mission of NAD is to operate
the airport to be safe, friendly, clean, efficient and profitable with a local sense of place.

NAD invites interested Contractors and Suppliers to attend a Contractors Briefing to review
impending expansion plans. The airport will be expanded in 3 stages over the next 5 years and
will generally include:

Stage 1 ©
+ New US Terminal & Pier 247,000 sq. ft,;

« +> Approximately 1,000,000 sq ft of new Asphalt Apron;
» New parking facilities and roadways;

Stage 2

+ Selective Demolition & Construction of New International Arrivals Terminal and International
Departures Pier 226,000 sq. ft;

» Approximately 200,000 sq. ft of Asphalt Apron Rehabilitation;

* Removal and rebuilding of existing parking facilities;

Stage 3

» New Domestic / International Departures Terminal and Domestic Arrivals 112,000 sq. ft;
+ Approximately 30,000 sq. ft of Asphalt Apron Rehabilitation; and

« Minor landside improvements

Other components of the project include:
_» Demolition

« Landscaping

« Apron Drive Bridges

+ Elevators and Escalators

« Baggage and Building Systems

A presentation will be held at 1 pm EST, October 21, 2008 in Salons |, Il & Ill of the Wyndham
_ Nassau Resort & Crystal Palace Casino West Bay Street, Nassau, Bahamas and will also review.
_ construction, safety/security and environmental requirements for the Airport Expansion Project. —





We look forward to seeing you there.


PAGE 8B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE



SST

FLORIDA INC.

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Stale Rd. 7 (441)



EPA to ‘increase’
the level of
bureaucracy

FROM page 1B

timelines for implementing their
various EPA obligations.

He added that implementa-
tion cost estimates had been
worked out, but declined to
divulge them because all the
Government departments and
agencies involved had yet to be
briefed. A communication to
Parliament was promised soon.

The EPA’s implementation
costs are also concerning the
Bahamas Chamber of Com-
merce, which has called on the
Government to publish its
implementation schedule to
give the private sector time to
prepare.

Meanwhile, Mr Moree
expressed concern about the
scale and depth of change the
EPA would bring for the
Bahamas and its economy.

“I think it’s going to result in
the introduction of a large num-
ber of laws, which is ultimately
going to increase bureaucracy
and regulation,” he told Tri-
bune Business.

“It’s going to have an effect
on the import duty system,
effect things like intellectual
property and lead to the intro-
duction of competition law,
which in and of itself is not a
bad thing.

People

“But people have got to
understand that it will funda-
mentally change the way busi-
ness is conducted in certain sec-
tors; and that it is going to result

in increased regulatory over-

sight and bureaucracy, both at a

national and regional level.”
Mr Moree added that anoth-

er concern was the EPA agree- .

ment’s emphasis on promoting
regional integration among the
CARIFORUM states. While
not the same as the CARICOM
Single Market & Economy
(CSME), he said the EPA

would “inevitably bring higher °

levels of political integration”.
Impact

In turn, this would “funda-
mentally impact”. Bahamian
sovereignty and “the ability to
make decision over aspects of
our own lives”,

“Most Bahamians still don’t
have a full appreciation of
either the general impact which
the EPA will have on business
here in the Bahamas and our
lifestyles here, even though I
acknowledge the Ministry of
Finance officials and members
of the Trade Commission have
said they have met with all of
the major constituents,” Mr
Moree said.

“T would challenge those offi-
cials, despite those meetings, to
state candidly whether they
have any empirical data to sug-
gest whether the majority of
people in this country truly

understand the EPA provisions

and changes, and the new ini-

tiatives it will usher into our |

laws and the way we do busi-
ness.”

The senior attorney said that
if the Bahamas’ submission of a
services offer over the EPA was
not a closed issue/done deal,
this nation should use the next
six months to re-examine and
debate that offer to prevent it

from “compounding” the diffi-
culties it faces in relation to the
EU trade agreement.

With both the House of
Assembly and the Senate still

‘required to pass legislation giv-

ing effect to the EPA and its
provisions, Mr Moree said the
Bahamian electorate needed to
demand that their MPs and
Senators explain why they sup-
port/do not, support the trade
agreement.

“The very least we should
demand of Parliamentarians, if
they take us into this agree-
ment, which is against the wish-
es of the vast majority of
Bahamians, is that each of them
explain why they are supporting

it and demonstrate a level of..-

understanding which would
indicate they have themselves
at least read the EPA agree-
ment,” he added.

“All that amounts to is good
governance, and all the Bahami-
an people should insist on that.
When it comes time to debate
and vote on the EPA issue,
those votes will be extremely
important.”

Opponents

Responding to those who had
labelled EPA opponents as
‘fearmongers’ who were afraid
of change, Mr Moree said: “It is
nothing to do with fear of
change.

“My opposition to the EPA
has nothing to do with being
afraid of change. I believe
change is essential in key areas
of our national life, but change
for the sake of it is not good.

“Time will show this agree-
ment will be detrimental to the ©
Bahamian people in the medi-
um and long-term.”

PUBLIC AUCTION

SATURDAY, OCTOBER I8TH, 2008

By Order of

The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of The Bahamas

L G. STUBBS WILL SELL

WHAT:

schedule below:

Fifteen (15) assorted used vehicles as set out in the

2003 Dodge Caravan

1996 Ford Explorer

1997 Dodge Stratus

2001 Hyundai H-1 Van
2001 Kia 12 Seaters Bus
2000 Ford Ranger Truck
2003 Toyota Coaster Bus
1989 Chevy Caprice Hearse

2000 Toyota Coaster Bus
2004 Toyota Coaster Buss
2002 Kitchen Van Trailer
2002 Hyundai H-1 Van

1997 Toyota Van (Hiace)
20006 Hyundai H-1 Van
(gold/silver)

1978 L800 Ford Boom Truck

LOCATION: Police Training College Grounds - Internal Securities Division,
Oakes Field



COMPLETED INFRASTRUCTURE
INCLUDES:

° Paved Roads e Water & Sewerage
Phone * Cable ¢ Electricity « Street Lights



TIME: 11:00am - Saturday, October 18th, 2008 - Preview and Inspection
from 9:00am Until Auction time at the site.

TERMS: * ALL items to be Sold Where Is As Is for Cash, Cashier’ Check
or current Bank Guarantee Letter. Purchase will not be released until paid for
in full not later than 4:00pm Tuesday, October 21st, 2008. Where a deposit
is required, the same is non refundable. If final payment is not made by
4:00pm Tuesday, October 21st, 2008 any and all deposits made will be
forfeited.

RECREATIONAL PARK
INCLUDES:
Tennis Courts ¢« Ornamental Pond

Jogging Trails « Playground ¢ Basketball
Court Gazebos « Grills

ot sizes star ting at 65x101
SPtices starting at $106,500

Any and all Notices or amendments by Auctioneer on said Auction Day
whether written or verbal shall supercede this or any subsequent advertisement.

For further information contact I. G. Stubbs at 322-2028 or
Fax: 328-8086 or Email: igstubbs@coralwave.com
or
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com
1.G. STUBBS



PUBLIC AUCTIONEER - LICENSE #0360




THE TRIBUNE



THURSDAY, OCTOBER 16, 2008, PAGE YB



Minister admits ‘disappointment’

FROM page 1B

on when the legislation comes
into force,” Mr Laing added.
“While I’m disappointed that
we've taken a bit longer than I
thought we would, | understand
what has happened and I’m not
disappointed that we're trying
to dO the right thing.” .

Insurance

The Domestic Insurance Act,

which was passed by the former
Parliament in 2005-2006, was
designed to enhanced regulato-
ry oversight of the Bahamian
insurance industry and mod-
ernise it, with stricter attention
paid to solvency and capital
ratios.

It would also have beefed up
the regulatory powers and capa-
bilities of the Office of the Reg-
istrar of Insurance, converting it
into an Insurance Commission
with sanction and enforcement
powers, as opposed to the large-

ly information-gathering role it

plays now.
Act

However, the Act cannot
come into effect without the
regulations, as it is the latter
that give it true enforcement
teeth. Mr Laing said yesterday
that the legislation and regula-
tions would not take effect
“without having all the pieces
in place”. .

One of the reasons the for-

GE Mechanical Room
Air Conditioner

"10,000 BTU
$450.00

#ASV10

12,000 BTU
$480.00

#ASV12

14,000 BTU

$585.00

18,000 BTU |
$720.00

Sales & Full Service Department

Rosetta & Montgomery Streets
322-2188/9

#ASV14

©2008 CreativeRelations.net

#ASV18

TOLLE CR ROLLS LLL



Name of Applicant:
Place of Employment:
~ Occupation:

Telephone Contact:

Email Address:

SYMPOSIUM
REGISTRATION FORM

Thursday, October 23", 2008
SuperClubs Breezes, Cable Beach.

(Business)
(Evening)
(Mobile)

Focus Session 1 (Please check one.)






Appraisals / Evaluations”

“Preparing For Retirement”
“The Changing Face of Technology”
“Managing Stress & Time”

“Communicate to Elevate--Motivating Staff, Giving Effective Performance



Focus Session 2 (Please check one,)



TOASTMASTERS INTERNATIONAL, DIVISION I (BAHAMAS)

7} PROFESSIONAL DEVELOPMENT, COMMUNICATION & LEADERSHIP

PSEA ANATAAAATTA NTT

LALO OLAS MOALACL DDO LAALNILANLILLILSANILDELPLLLIIDL SASSANID MCI Abs

ErnenannanannancenanennannamneasenentahS








“Making Yourself Marketable”
“Are You Fit for the Job?”





“Who's Watching You? - Target Proofing Your Home & Business”





“Holding Effective Business & Committee Meetings”

(See attached brochure for full programme details.

1 —

Pricing: $110 per person OR $100 per person for groups of 5 or more if registered by October 15, 2008.

Signature:

Application Fee: $

$125 per person after October 15, 2008.

REGISTRATION CLOSES OCTOBER 20, 2008.

Date:

FOR ADMINISTRATIVE USE ONLY





| Focus Session 1 Focus Session 2 |







CONTACT INFORMATION

Phone: (242) 356-8368 /357-7035

Rmail Addroce: tnactmactore hahamagallive cam





CCT A

mer PLP government delayed
implementation of the Domes-
tic Insurance Act was because
of fears over whether the
Bahamas had the regulatory
and administrative capacity to
enforce it.

the #1 newspaper in circulation,
just call 502-2371 today!



NOTICE

Sn
re

oyers,& Se

a

Seminars for Enip



Sessions will be held from 9:30 a.m. to 1:00 p.m. in the Training Room of
N.LB’s Wulff Road Complex, Wulff Road at Minnie Street

“Refreshments will be served

Seminar Description
For everyone - from the self-eneployed person who works alone, to the employer of a
few persons, to the person responsible for the payment of contributions on bebalf of
an employer of thousands. The Seminar will give an overview of the National
Insurance programme, inclusive of its benefits and assistance programmes, and
explore the scope and impact of the National Insurance Fund on the economy of
the country.

Questions and/ or concerns about the monthly payment of contributions or other
administrative/ compliance issues, will also be addressed.

Persons interested in attending a Seminar.
should reserve a space by calling the
Board’s Public Relations Department
at 356-2070, ext. 236/234/232



Public Utilities Commission

\

HR ens

~ TELECOMMUNICATIONS ACT (Ch. 304)
SECTION 6(5)

NOTICE OF PUBLIC CONSULTATION
DISPUTE RESOLUTION PROCEDURES

The Public Utilities Commission (PUC) in exercise of its powers and functions under
Section 6(5) of the Telecommunications Act (Ch. 304) gives notice that it is conducting
a Public Consultation on DISPUTE RESOLUTION PROCEDURES between
14° October and 10° November, 2008. The purpose of the Public Consultation is
for the PUC to set out a framework and the methods by which it proposes to undertake
to resolve telecommunications-related disputes between licenced service providers.

The PUC invites and welcomes comments and submissions from members of the
public, licenced service providers and other interested parties on its consultation
document on Dispute Resolution Procedures. After the public consultation closes,
the PUC will issue a Statement of Results on the public consultation.
Persons may obtain copies of the public consultation document either in:

(1) In printed booklet from the PUC Office, Agape House} Fourth Terrace East,
off Collins Avenue, Centreville, Nassau; or

(2) By downloading it from the PUC Website at www.pucbahamas.gov.bs.

Persons may send their written submissions or comments on the public consultation
document to the PUC either:

(a) By hand, to the PUC Office, Agape House, Fourth Terrace East, off Collins
Avenue, Centreville, Nassau; or

By mail, to the Executive Director, Public Utilities Commission, P.O. Box
N-4860, Nassau, Bahamas; or

(c) By fax, to (242) 323-7288; or

(d) By e-mail; to info@pucbahamas.gov.bs

The deadline for receiving submissions and comments is 5:00 PM on 10th November,
2008.

Dated 6" October, 2008

Michael J. Symonette
Executive Director
Public Utilities Commission
: Agape House
Fourth Terrace East, Centreville
P.O. Box N-4860
Nassau, Bahamas.

Fax: (242) 323-7288

E-mail: info@pucbahamas.gov.bs


PAGE 10B, THURSDAY, OCTOBER 16, 2008




FIRST






“Your Bahamian Su ermarkets
oF | CHOICE
4.4 LBS.

: | NOW ACCEPTING
© The Bahamian Credit Card
QUANTITY RIGHTS AND PRICES RESERVED oo
~ SPECIALS GOOD OCT, 16 - OCT. 22, 2008 __




3 FO REDEEM QUALITY STAMPS AT BED, BATH & HOM a
Ne DOUBLE STAMPS EVERY SUNDAY iy

WESSON






28900 .
















































MUELLERS
WHOLE KERNEL TALE VEGETABLE/ a
ORN BYP) TR cornOIL TINGS a
- or 48 oz. 30 oz.
BEETS
TS ST ARMOUR REGULAR\ ‘
agers Lie COLA/GRAPE/ORANGE VIENNA |
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MEATBALLS ee | SAUSAGES)
39 EE: 219! ae
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EAVENLY SOF




















| HUGGIES MeVITIES | JERGENS
WNIT ay UL GO-AHEAD PAPER
Toe BISCUITS pate TOWELS
my $29 ds ee “1 09
GAIN NIAGARA |
POWDERED :


THE TRIBUNE





AR-S
\UMBO ks,
SHICKEN

vr MEAT







CHICKEN ==
‘RUMSTICKS
OR

CUT WINGS

EXTRA LEAN

PORK CHOP
ENDS






$439
| Gini | MINI
| SPARERIBS

-AYAN, Asst’d. 20 oz. Bag HEALTHY CHOICE, Asst’d., 10 oz.

ELS eres B199 STEAMER. eeeeenee- $4.69

ESE....sunse2/$3,00 FROZEN

VEGETABLEG........ rd
fY' DELIGHT, 64 oz.
“ORNIA/CITRUS GREEN GIANT, 12s
NGH......ccccsssssss$2,99 CORN-ON-COB.................94,99

f du, aN PR “Way
CAR MAYER BAR-S OSCAR MAYER

THICK SLICED JUMBO/BEEF

P BUN LENGTH/
ALAMI BACON FRANKS

29 $3339 $<399

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=
















VEL ‘CELLO
* + | CARROTS
Ye INGEN 2 lb. bag
SWEET RED SWEET WHOLE
DT IES | tlie saat
3-Ib. bag



THE TRIBUNE

‘RA








THURSDAY, OCTOBER 16, 2008, PAGE 11B

THE DEPARTMENT OF STATISTICS
AVERAGE QUARTERLY PRICES FOR SELECTED ITEMS; NEW PROVIDENCE:
SELECTED QUARTERS 2006 - 2008

i a

uarte

Fresh and frozen
chicken parts

Ground beef

Liquid and other
fuels

The price for fresh and frozen chicken parts has been steadily increasing over the
‘past three years. Between the third quarters of 2006 and 2007, the price increased
- 5% with a further increase of 14% between the periods of 2007 and 2008.

t The cost of conch, a local delicacy, increased 17% over the recognized quarters of
2006 to 2008.

Sweet peppers come in a variety of colors and shapes. During the third quarters of
2006 to 2007, the price for this item decreased 0.5%; however, during 2007 to
2008, the price escalated by 41%.



BLENDERS _

BAKEWARES .

_ s WALL CLOCKS

WALES PICTURES

’. ‘PICTURE FRAMES

os FDATWARE, SETS

COOKWAR

OLASSWARE"

DINNERWARE SETS

- SALE STARTS
TUESDAY OCTOBER 14th - SATURDAY OCTOBER 18th

Located: Harbour Bay Shopping Center
Ph: 393-4440 or 393-4448


PAGE 12B, THURSDAY, OCTOBER 16, 2008









MISCELLANEOUS PROPERTIES

1

the sides and back.

left side.Painted white trimmed light agua.

THE TRIBUNE

THE TRIBUNE,
October 16, 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, 1-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



side painted all white.



LOT NO. 1 WESTERN SHORES

All that lot of land having an area of 7,389 sq. ft., being lot
iH 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
is a portion of one of the Dundas Town Crown Allotment
parcels stretching from Forest Drive to Front Street,

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 subdivision 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,
{-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 southenn 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.





being just under a quarter acre in size and 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

Eleuthera Island Shores Subdivision LOT
NO. 1, BLOCK NO. 45,

SECTION E, ELEUTHERA ISLAND SHORES

All that piece parce! 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
S 3 3} site encompasses a two storey building which is
‘oximately 14 yrs old and is abandoned. There is a wooden landing approximately 7’-4” wide by 20’-0” on the




appr

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 Must Sell Lot No. 51
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 sides
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 green, 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 sa. 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
a topography of approximately 2 ft, with all utilities and services available.
APPRAISAL: $51,421.00





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: $89,000.00 -

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 ft north by Queens
Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. All utilities and

services available.
Appraisal: $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”

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



elmore) ile EMM HLCM Gye information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 * email harry.collie@scotiabank.com * Fax 356-3891


THURSDAY, OCTOBER 16, 2008, PAGE 13B

THE TRIBUNE

INVESTMENT OPPORTUNITY



THE TRIBUNE,
October 16, 2008

MISCELLANEOUS PROPERTIES



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.,
QOH ‘ 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





HAMILTON’S, LONG ISLAND

All that piece parcel or lot of land and improvements situated in the settlement of Hamilton's in the Island of Long Island, and comprising of
approximately 13,547 sq. ft. and is elevated approximately 7-8 ft above sea level. This site encompasses a 35yr structure. A simple style home
consisting of two bedrooms, one bathroom, kitchen, living and dining room. the home however is consisted of 2 separate constructions; 613.60 sq.
ft of concrete construction and 624 sq. ft of wooden construction all amenities are to the property such as electricity, water, cable and telephone.

Appraisal: $67,000.00.

The property is accessed by the main Queen's Highway.



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, Bahamas. 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 Jot is vacant and a hill over looking the Atlantic Ocean.

Appraisal: $41,275.00

(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
room, kitchen and laundry room, with
a total living area of approximately
2,342.06. Property also includes a double
car garage, and front entrance with‘a total
sq. ft. of approximately 655.75. This
home is approximately 85% completed.
The property is well landscaped with crab grass, fiascos and some fruit trees.



Appraisal: $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.

For conditions of sale and other information Pen ele



eri White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-3851


PAGE 14B, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE

INVESTMENT OPPORTUNITY
MUST SELL

NEW PROVIDENCE FAMILY ISLANDS

No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00 | ELEUTHERA
: All that lot of land having an area | Lot #115 GOVERNMENT SUBDIVISION
0000 square feet, being lot :

Rubee 1) ot the subdivision | ALICE TOWN, HATCHET BAY Appraisal: $101,023.00
known as Westridge Estates
Addition. Situate in the Western
pees’ District an the island of New
uae EE 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

ye gt Garage.

The building is 75% completed and
comprises five bedrooms, four and a half baths study, living/dining, family room,
kitchen, Jaundry and generator room,

Location: From SuperValue West Bay, take the road heading west into Westridge, take the first

corner on the Right, Westridge Drive. Subject property will be about the seventh on the right Located on this property of 9,500, Square feet bene 20-year-old
hand side of the road. 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

Lot #18 BLOCK #27 VENICE BAY Appraisal $591,955.00 | of repairs.

A mulitfamily lot of 12,225 square feet comprising three structures. One

complete unit at the front comprising 1638 and a porch of 200 square feet of Oo nceuscaccuncesccanenscnnsonoes
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,















SSSHRHSHHSASSARAHSHRHSHRHHOHAHHRHOROD

PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres. This
site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of shop space ©
and rest room facilities.









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.



EXUMA

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION Appraisal: $673,075.00

ARHSRHSHARHSHHSAROHADERHOSHHRBOORS

LOT No. 21B FRASER ALLOTMENT
OFF SOLDIER ROAD , Appraisal: $303,000.00

m, The subject property
consisting. of 8,400
square feet is
} developed with a split
} leveled home with 1925
square feet of floor area
on the ground floor, a
jporch area of 437
Ss Square feet and second
| floor area of 735 square
feet. The building is of

sound construction | The subject property is located on Kingway Road and is

/ = re wand Bea ‘ fy aaa a = developed with an area of 20,000 square feet. Situated thereon is
entirety. e groun oor comprises edrooms, ane bath, a kitchen, dining an
family room. The second floor comprises two bedrooms, one bath, living and a residence comprised of 3,645 square feet of living
dining areas. accommodations, inclusive of 4 bedrooms, 2 baths, with laundry

Directions to property: Heading East on Soldier Road, turn left onto first paved road opposite | and utility spaces and a two bedroom one bath guest cottage of
Lowes Wholesale, 2nd to last house on the road with chain linked fence. 600 square feet. The property is fenced with white picket fencing



Seeeovvcenvovscesvevcever eens and has a Gazebo at the highest portion of the property.
LOT 31 TWYNAM ESTATES Appraisal: $456,000.00
A single family property SHOR OER SEH AIHHSHHSSH SESH HOE

comprising 11,350 square feet.
Located on this property is an 11
year ald single family two storey EXUMA

_residence comprising 3,794 square
feet of living space. The lower BAHAMA SOUND #18

{ floor consists of living, dining and| Lots 17663,,17664, 17665 Appraisal: $220,180.00
kitchen area. A stairway, bathroom ooo / . re

and other public areas. The upper | The subject property is being
floor contains two bedrooms, one | developed with a single family
bathroom, Master Suite inclusive split level residence of CBS

of bedroom, bathroom and balcony. | construction with 1956 square
Directions: Travelling § East on Prince Charles Drive, turn Right at Super Value Food | feet of living space. The top
Store. Proceed to the T junction. Turn left, then an immediate Right. Property is | floor comprises 1496 square
located near the Dead End corner on the Right side of the road.



feet and the lower = floor



een nenneeneeneansceneeneonsonnes comprises 460 square feet. All
: plumbing and electrical rough eS

LOT 238 SUN CLOSE Appraisal: $136,000.00 work has been completed. The ‘block ‘work is completed on the
SUNSHINE PARK bottom floor with a portion of the upper floor completed.
Located on this 4,200 square
feet single/multi family . ~
property is a 20-year-old ; EXUMA Appraisal: $170,047.00
building of T-111 wood with wil “kee
concrete floor, consisting = momen ' DUPLEX in Lot #6625 Bahama Sound #8 East Exuma, Trapezium shaped

iz i lot 35 ft, above sea level, 10,000 sq, ft. Single storey 10-year-old duplex,
approximately 2,198” square : 2 bed, 1 bath, kitchen, dining, living room and porch area. Property is
landscaped,

feet of enclosed space, The
structure was formerly used as |
a retail store and = storage
facility.
ey aeeaie canes. For conditions of sale and any other information
Take the third corner on the Right after passing Farmer’s Market. Take the contact:

second Right then First right (Sun Close) subject is the fourth property on
the Right white trimmed black.

ii das vahaltah chan deepouevatwual HARRY COLLIE @ 502-3034



‘LOT #1440 GOLDEN GATES —_ Appraisal: $335,000.00 Fee eee aM ||
' Located on this 6,000 square feet a Wats @ 502-3077






(oC mn property is a split level single family ¥ j nan ; "

oe dwelling comprising four bedrooms, = mail philipwhite@scotiabank.com
two and a half bathrooms, living and
dining rooms, kitchen and TV raom. ;
: ee § Send bids to Fax: 356-3851 or P. O. Box N-7518
Habel eect? one bedroom apartments.

Directions: Take Carmichael Road icheading west, turn corner opposite BFM Church, Cedar Rosetta Street, Nassau, Bahamas
Way, then take first corner on the right, Tangerine Street. Subject will be about the second an hl
the right hand side of the road.






SEES

THE TRIBUNE THURSDAY, OCTOBER 16, 2008, PAGE 15B

INVESTMENT OPPORTUNITY



Wane ee sae

Lot 23A, Block KN, John Wentworth Avenue, Unit 1] Lot 14, Block 11
BAHAMIA NORTH SUBDIVISION DERBY SUBDIVISION, FREEPORT Appraisal: $112,680.00
: ‘ Lot 14, Block 11° Derby
FREEPORT GRAND BAHAMA aisal: $718,000.00 | eae Coed en toe
RT: ee oe 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
aré porches at the front and
rear entrances.























Lot 12B, Block LN, Un’t 2 |
BAHAMIA NORTH, FREE? ORT Appraisal: $54,000.00

The property is located on Cadwallader Drive and has an area of
approximately 24,001.56 square feet. It is multi-family zoned.

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 batr ms per unit.



eeeeeveezesceseoescooveonserzecs . Lot 67 Block 7 ‘
BAHAMIA WEST REPLAT Appraisal: $219,614.00
Lot No. 37 BLOCK 33, CHURCHILL COURT, | *
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION, ee a ae

FREEPORT, GRAND BAHAMA Appraisal: $337,000.00 | square feet of living space

: oo as - . SSR | single family dwelling ' com-

Wye . : ie ; $ prising an entrance porch, four i%

| em | SSB | bedrooms, two bathrooms and =

i; | Skew | kitchen; a living, dining,

powder and laundry room with

adequate closet and storage
space.



Pd x



SOHSOAOTSHOSHEOHHHSEEHHEHEEEOHEE








being lot No. 37 of
subdivision known and designated as Bahamia Marina and Bahamia Section

4 Subdivision, Freeport, Grand Bahama. Located on this property is a REEF YACHT & COUNTRY CLUB SUBDIVISION
structure comprising a 3 year old duplex structure which covers FREEPORT GRAND BAHAMA Appraisal: $290,000.00



atea of 16,533 sq. ft.



the | 1 ot 1. Block 8, SEA HORSE VILLAGE, BAHAMA

QW EN

All that lot of land having

*

an

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
wail, with 5 foot pillars at front;with electronic gate.











SOPOT HOAOSAESMEHSHTHHOHHHROHROHERS

Lot 96 HUDSON ESTATES Appraisal: $116,190.00
Situated on this praperty of 12,500 square feet is a 36-year-old
quadroplex apartment building containing two 2 bedrooms and 2

bathroom units and two 1 bedroom, one bathroom units. Each unit
contains foyer, living and dining area, laundry and kitchen,



SHHSSRSSHSEHSSOSSOSHOSSLOSHSEHEOR

Apt. 101 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $62,000.00



BS

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.

*

EROSCRISHSOEROSHHORHOERSEHOOEROER

Lot 7 Block 8 - BAHAMIA SECTION IV
FREEPORT, GRAND BAHAMA. Appraisal: $799,560.00

Located on the property of 1.08 acres
that has been zoned for multifamily
development are four buildings: A, B,
C and D. Houses A and B are
positioned along the road and they
face each other. Houses C and D are
located to the rear of the building and
are facing each other. The
constructions of Houses A and B are
just about completed, houses C and D
are incomplete. The lot is: enclosed
with chain linked fence except along
the front where a concrete wall is
erected. A concrete drivéway (also
used for parking and about the centre
of the lot) leads from the road and
runs through the middle of the yard
separating House A and B.



The unit is a one bedroom unit consists of a living and dining room,
bedroom, kitchen, and bathroom. There is a laundry room facility on
each floor, a common swimming pool, and fencing with an electronic
gate securing the perimeter of the grounds. The rear boundary of the
subject building is the Ruby Golf Course. The total living area is
approximately 897 square feet.

ROHHOHHFOHHEOHRHOHHOOHRHOEHRBREHHOAREE

APT 402 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $62,000.00







Each building contains a total area of
two thousand and seventy-two (2,072)
square feet. Inclusive of the entrance
porch with an area of 182 square feet.

Each house contains an. entrance.
porch, living and dining réoms and
kitchen, three bedrooms, two

bathrooms, a laundry area, adequate ost esr,
storage and closet space...” The unit consist of two bedrooms, 2 bathrooms, Lot 4, Block GN.

Edward Birch Court, Bahamia North.

WN MNS



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

Send bids to Fax: 356-3851 or P. O. Box N-7518 « Rosetta Street, Nassau, Bahamas |



\ ) .
PAGE 16B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE

DE i ee ee
CS a Oa oa





TES EY TMU ALE UCU i ar ae






Today's Close Daily Vol. _



Previous Close








































4000.00 Fidelity Bank Note 17 (Series A) + 7%

1000.00 Fidelity Bank Note 22 (Series B) +



















14.60 14.25 Bahamas Supermarkets
6.00 Caribbean Crossings (Pref)

Ee i RND Ho ngs
arama ea :

14.00

52"



14,00 Bahamas Supermarkets




1.3371 1.2741 Colina Bond Fund -
3.0250 2.8869 Colina MSI Preferred Fund
1.4119 1.3544 Colina Money Market Fund
3.7969 3.5388 Fidelity Bahamas G & | Fund
12.4456 11.8192 Fidelity Prime Income Fund

100.0000 CFAL Global Bond Fund











100.9600 99.9566 CFAL Global Equity Fund

1.0000 1.0000 CFAL High Grade Bond Fund

10.5000 9.1958 Fidelity International Investment Fund 9.1958 -12.42 12.42

1.0184 1.0000 FG Financial Preferred Income Fund 1.84

1.0119 1.0000 FG. Financial Growth Fund 1.12

1.0172 1.0000. FS Financial Diversified Fund 2

Se SANA RRR < ON SONY ‘ RAY 4
BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 Nonth dividends divided by closing price

Bid $ - Buying price of Colina and Fidelity
Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - 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

S2wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price in last 52 weeks

Previous Close - Previous day's weighted price for daily volume

Today's Close - Current day's weighted price for dally volume

Change - Change in closing price from day to day

Dally Vol. - Number of total shares traded today

DIV $ - Dividends per share paid in the last 12 months

PIE - Closing price divided by the last 12 month earnings

S) - 4-for-1 Stock Split - Effective Date 8/8/2007

3-for-1 Stock Split - Effective D.
Ree SA ENGR





SSSA SASS:

1000.00 1000.00 Fidelity Bank Note 13 (Series C) + 100.00 7%

1000.00 __ 1000.00. Fidelity Bank Note 15 (Series Ds FBBIS 100,00... 0.0% Prime 1.75%
eee Ridiwlity OVS TRE COUNtEr BeGuritles NECN
2w' wk-Low mbo s as’ vr



Prime + 1.75%













29 May 2015
















































19 Gctober 2017
19 October 2022
30 May 2013









30-Jun-08
31-Dec-07
30-Sep-08
29-Aug-08
29-Aug-08
29-Aug-08













PS SIS Ses Boos | COLONIAL Sasa Sos-7S28

FROM page 1B

- their investments on a set crite-

ria, such as whether the stock
paid a dividend and had deliv-
ered consistent annual prof-
itability over several years, but
those equities that failed to
meet this criteria lacked insti-

in place, to guard against wild
price fluctuations caused by
retail investors cashing out at
strange prices, Mr Anderson
said that selling pressure in 2008
had consistently increased as
“more and more sellers” and
fewer and fewer buyers came
to the equities market.

“It’s a steady amount of sell-
ers coming to the market, but
because no buyers are coming

For the stories
behind the news,

read Insight
on Mondays



Seller build-up creates
BISX ‘buyers market’

to market, those sell orders
build up and build up and are
not sold,” Mr Anderson. ‘
“People have been unwilling
to drop their prices. They’ve
been willing to put their shares
in the market, because they’ve
anticipated that someone. would
come to pay the market rate,

Se Seeley = Se, Et feta} tional suppor. but noone as
lo.99 0.85 Benchmark 9.89 0.00 “0.877 0.020 N/M 2.25% That left these stocks at the A survey of open orders
270 7.95 Fidelity isk 237 0.00 0.055 0.040 43.1 1.69% mercy of retail investors, whose placed for B ISX stocks by
age oaS, Sonng Holdings: "2'a6 g00 o1is Ba0 0 24s sao trading activity was based large- investors carried out by Tribune
a 430 Soneaidstea Water Sone ec a0 ; S388 Boce~ ane +2z%| ly not on.astock’s fundamentals Business has revealed that there
o03 Se ee ece ocd A _seece> . aeke' tee 124% or earnings potential, but their ar¢ currently just six unfulfilled
tee ia eee eeeaacene vee ee et ae «75% need to generate liquidity and “Buy” orders across the entire
6.09 5.05 Focol (S) 5.20 -0.05 3,000 0.385 eee 13.5 2.65% raise cash. market. Of those SIX, four. are
too Gad ‘reesoeencem 0.40 0.00 - 9038 0000 114 6.00% While the BISX rule pre- for Cable Bahamas shares, and
2.50 Bee. sure enneen 44:00 0.45 2008 oo82 Oezo 418 eee] venting stocks trading at more _ the company has been carrying
Stee smteraNMaIniMaRe UN ENN SRE — than 10 percent above or below out a ‘share buy back’ scheme
S2wk-Hl__52wk-Low Daily Vol. Interest Maturit the previous day’s close remains — t© Support Its stock price.

The only other companies
with outstanding ‘Buy’ orders
are FamGuard Corporation and
Colina Holdings (Bahamas).

The lack of liquidity in the
Bahamian equities market ‘is
graphically illustrated by stocks
such as Bahamas Waste, which
has seen a build-up of 27 unful-
filled ‘Sell’ orders placed by
investors, with prices ranging
from $3.80 to $3.23 due to the
seller build-up.

“It represents an ideal oppor-
tunity for buyers who like cer-
tain securities but want to buy
at a lower price,” Mr Anderson
said. “While sellers are willing
to hold on, there will come a
time when they have to exit the
market, and buyers can take
advantage of opportunities.”

INVESTMENT OPPORTUNITY
MUST SELL






Beal

Lot 12 Block 13 Unit 2
GREENING GLADE
FREEPORT, GRAND BAHAMA

Located on 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.

Appraisal: $254,355.00



POKRHOKRSSKRHSSHSOOHHOSKOERSOROEHOEROS

:

Lot 188 SCOTT AVE, EAST SECTION 1 SUBDIVISION,
FREEPORT, GRAND BAHAMA Appraisal: $140,000.00

The subject lot is
approximately 12,322 square
| feet. Situated on this
property is a single story
single family dwelling of
m 2,800 square feet of living
A space. This includes a small
front porch, a large foyer, a
sunken living room with
fireplace and chimney, a
i dining area, a_ full service
: i kitchen, a family room with

4 adjoining laundry 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.



DERBY

ee

r

SRHSRBHANSHRHSARSAHEAHEARHORHORHSR

FREEPORT

Lot 13, Block 11, DERBY SUBDIVISION
-| FREEPORT GRAND BAHAMA

Appraisal: $180,300.00

Lot 13 fronts along the northern side of Henny Road at the end of the
cul-de-sac. Its configuration has four unequal sides. The rear
boundary is along the canal. The front boundary has a curvilinear
road frontage of 45 feet. The rear boundary (canal frontage) with one
point of inflection has a total length of 165 feet. The western side
boundary has a length of 146 feet and the eastern side a length of
125 feet. These dimensions result in an area of .32 acres.

Erected on this property is an incomplete building of a proposed
single storey house. The living space is approximately 3,228 square
feet; inclusive of foyer, living and dining rooms, kitchen, breakfast
nook: four bedrooms, three bathrooms, powder room, den, laundry
area, study and ample closet and storage space.

UNIT 3, BLOCK 10, LOT 11 (CANAL LOT)

SPOOROHHOHHEHEDHSOOAEMROOETEOHOOED

FREEPORT, GRAND BAHAMA

Appraisal: $96,000.00

Apt 9, VILLA MARTINIQUE CONDOMINIUMS
FREEPORT GRAND BAHAMA Appraisal: $125,000.00



The unit one bedroom flat consisting an open area living and
dining room, bedroom, kitchen, linen closet and bathroom. The total
living area is approximately 660 square feet. The porch has an area of
approximately 75 square feet.

is a



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.

For conditions-of sale and any other information
contact:

HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com
ols
PHILIP WHITE @ 502-3077
E-mail philipwhite@scotiabank.com

Send bids to Fax: 356-3851 or P. O. Box N-7518
Rosetta Street, Nassau, Bahamas
THE TRIBUNE THURSDAY, OCTOBER 16, 2008, PAGE 17B

PepsiCo to cut
profit falls 10
per cent

@ By VINNEE TONG
AP Business Writer





Share your news

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps



MINISTRY OF LABOUR AND SOCIAL
DEVELOPMENT

THE PRICE CONTROL ACT (1971)
(CHAPTER 339)
THE PRICE CONTROL (GENERAL)
(AMENDMENT)
(NO.160 REGULATIONS, 2008

NEW YORK (AP) — Pep-.
siCo announced plans on Tues-
day to cut 3,300 jobs and close
six plants as it deals with lag-
ging U.S. drinks sales and a
surging dollar, which will hurt sy ts
profits from its rapidly growing The public 1s
international business. effective Wednesday, 15th October, 2008,

2 the Honourable Minister of Labour and
the global snacks and drinks . oar

Social Development has approved prices for the

maker reported a 9.5 percent
following breadbasket commodities:

GN-762
-NOTICE

hereby advised __ that

drop in third-quarter profit that
missed Wall Street expectations.
It also offered a downbeat prof-
it outlook.

The job cuts amount to
roughly 1.8 percent of Pepsi-
Co's global work force of about
185,000 employees. The cuts
will affect managerial and fac-
tory jobs both in and outside
the U.S. Most will be eliminated
in the coming months, Chief
Financial Officer Richard
Goodman said.

The nation's second-largest
drink maker — which also owns
the Frito-Lay, Tropicana and
Quaker brands — said the cuts
would generate pretax savings
of more than $1.2 billion over
the next three years. It plans to
save $350 million to $400 mil-
lion in 2009. SRN ER :

“While. we-can't- control the <==) 5 1 Sis SERENE ed et
macro economic situation, we
can enhance PepsiCo's operat-
ing agility to respond to the
changing environment," Chief



Butter
Cheese
Cooking Oil
Flour
Margarine
Mayonnaise.
Rice

Sugar

GOVERNMENT NOTICE

MINISTRY OF LABOUR AND SOCIAL DEVELOPMENT

S.1. No. 82 of 2002

THE PRICE CONTROL ACT -
(CHAPTER 339)

THE PRICE CONTROL (LIQUEFIED PETROLEUM GAS)
(AMENDMENT) REGULATIONS, 2008



SNAMAWBNS



PERMANENT SECRETARY

The Minister, in exercise of the powers conferred by
section 3 of the Price Control Act makes the following ei
Executive Indra Nooyi said in a

Citation and regulations - statement.

‘In the third quarter, the com-
i

commencement. 1. (1) These regulations may be cited as the Price pany had net income. of $1.58

Repeal and ee Se Petroleum Gas) (Amendment) pared ith $1.74 billion, of $1.06 ede
egulations, : hare, - Revenue
replacement erew tos 2 pln in the most GOVERNMENT
. 3 t period from $10.17 bil-
(2) These regulations shall come into force on the fora year ago.
a ocneeule Ist day of October, 2008. Gace NOTICE
to S.L. No. 98 | ° :
2. The Schedule to the Price Control (Liquefied Excluding one-time costs, the
of 2005. Petroleum Gas) Regulations 2005 is repealed and company earned $1.06 per MINISTRY OF FINANCE |

share, but that still fell short of
what Wall Street had expected.

Analysts surveyed by Thom-
son Reuters, who typically
exclude items from estimates,
expected earnings of $1.08 per
share on revenue of $11.2 bil-
lion.

Purchase, N.Y.-based Pepsi-
Co Inc. also noted that the
recent surge in the U.S. dollar
will hurt fourth-quarter profit.
At current rates, the incremen-
tal impact would be about'4
cents to 5 cents per share.

As a result, the company now
expects tb report 2008. earnings
per share of $3.67 to $3.68, com-
pared with prior guidance of
$3.72. Analysts expected $3.74
per share for the full year.

replaced by the following schedule -

PUBLIC NOTICE ©

Family Island Development
Encouragement Act

The Ministry of Finance, advises for the
information of the general public, that the Family
Islands Development Encouragement Act, 2008
which came into effect on Ist July 2008 provides
for the exemption from customs duty and excise
tax on building materials, and machinery for land
clearing.

SCHEDULE 7
Selling Price of Liquefied Petroleum Gas (LPG)

PART A

The maximum selling price of Liquefied Petroleum Gas (LPG) where
the sale is by cylinder shall be as follows -

~ MAXIMUM
DISTRIBUTORS’ PRICE

$100.00 per 100Ibs

PLACE MAXIMUM
SUPPLIERS’ PRICE

$70.00 per LO0lbs












1. In New Providence









& Grand Bahama . (delivered delivered "Pepsi missed consensus : ;
OR OR operating earnings, ae full The public should note that the Islands to which
$0.70 per Ib $1.00 per Ib year guidance and didn't pro- | the Act applies are:
(delivered) (delivered) vide an '09 outlook at this Pp

point," Morgan Stanley analyst
Bill Pecoriello said in a note to
investors. He said the negative
results would likely drag down
the share prices of other multi-
national consumer products
companies.

PepsiCo shares fell $4.57, or
7.4 percent, to $57.20 in mid-
morning trading Tuesday.

PepsiCo announced Friday
that it would renew its focus on
carbonated soft drinks with a
marketing campaign to be











Sweetings Cay and Water Cay (Grand Bahama)
Grand Cay and Moores Island (Abaco)

Current Island (Eleuthera)

Andros

Cat Island

San Salvador

Rum Cay

Long Island

Crooked Island

3. In the Family Islands
(excluding Grand Bahama) .




$88.00 per 100Ibs
(including sea freight)
OR.

$110 per 100Ibs
(delivered)
OR







$0.88 per Ib
(including sea freight)

$1.10 per Ib
(including sea freight)

PART B

The maximum selling price of Liquefied Petroleum Gas (LPG) where
the sale is by bulk shall be as follows -

MAXIMUM MAXIMUM
SUPPLIERS PRICE DISTRIBUTORS’ PRICE
PER US GALLON $ $

1. In New Providence $2.97 $4.24

& Grand Bahama (delivered) (delivered)

launched after New Year's.
That would be a reversal of its
strategy to move away from
soda and toward more expen-
sive alternatives, such as
sparkling juice, energy drinks
and ready-to-drink teas.

Long Cay

Acklins

Ragged Island and Cay
Mayaguana
Inagua

Goodman, the CFO, said the
company had been planning the
campaign over the last several
months as a response to-the
consistent declines in sales vol-
ume in the U.S.

"We're looking at re-engag-
ing consumers, keeping the ones
we have and making sure we're
getting additional consumers
into the fold," Goodman said,
adding that a lot of carbonated
soft drinks "are very afford-
able."

q ; ‘

2. In the Family Islands $3.74 $4.66

Po In addition, the public should also note there is
(excluding Grand Bahama) (including sea freight) (including sea freight) : :

no need for any application to be made to the
Ministry of Finance or Family Island
Administrators. The process is being administered
directly by Bahamas Customs, who can provide
any Clarification which may be required.



Made this Ist day of October, 2008.

D. A. Foulkes

Minister Responsible for Consumer Protection FINANCIAL SECRETARY (Acting)


PAGE 18B, THURSDAY, OCTOBER 16, 2008 THE TRIBUNE ;;

AX SSS

wee SSB s
we SBrea es



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SAHA

AANA

and challenging. I enjoy contributing
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meeting the needs of our advertisers.

I am proud to work here. ‘The



Tribune is my newspaper.”



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PRODUCTION MANAGER
THE TRIBUNE 7 ee





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HE TRIBUNE THURSDAY, OCTOBER 16, 2008, PAGE 19B

PRN Eerie,
ERENCE RRR a



ays paper and d returning it to our aifice athe oe oa a
enter the greater your chances of winning!!!

‘

“*Only original newsprint eligible, no photocopies or facsimiles, Deadline for delivery Monday at 5 p.m.

“THE PEOPLE’ S NEWSPAPER.

Weds RR. SRR oR



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~
PAGE 20B, THURSDAY, OCTOBER 16, 2008

THE TRIBUNE



How to save Bahamian firms in

m By MARK A TURNQUEST

IN light of challenges that
companies in all sectors are
experiencing, and the recent
increase in Bahamian business
closures, the Government must
immediately develop a com-
prehensive “relief package” for
all businesses.

The Government has provid-
ed social relief for the poor and
homeowners, but it has yet to
indicate how it is going to
reduce the burden of operating
a business in the Bahamas.
There is always a lot of “talk”

about the importance of busi-
nesses (especially small and
medium-sized businesses) to the
Bahamian economy. Now is the
time to strategically implement
financial and non-financial sup-
port schemes to prevent more
businesses from closing down.

Although | am a small busi-
ness consultant, and 99 per cent
of my clients are in trouble
(decreased sales, increased
costs/expenses), big business
owners also need help in order
to survive during this “global
recession” because they hire
many Bahamians and con-

a

fa hada eyes

got alae
now get yours!

To find a’solution that
best fits your business.

CALL ENTERPRISE SALES

COV AAT)

tribute significantly to our gross
domestic product (GDP).

Listed below are ways for the
Government to provide finan-
cial and non-financial support
to all businesses:in the Bahamas
by no later than January 2009,
so that business owners can
adjust their operating budgets
early in the year:

FINANCIAL SUPPORT

* Reduce business license
fees by 50 per cent

* Reduce other business reg-
ulatory fees by 25 per cent

* Reduce the BEC surcharge

ouv

to LO per cent

* Reduce water and sewage
costs by 25 per cent

* Reduce NIB expenses
(employers portion) from 5.4
per cent to 2.5 per cent

* Reduce work permit fees
by 25 per cent

* Eliminate all stamp tax for
six months

* Reduce all commercial
property taxes by 0.5 per cent

NON-FINANCIAL

SUPPORT

Business owners must take
the lead role and indicate which

_ ONE STOP

BUSINESS

epariment | 6200

Keting £

(CMP e Te





non-financial business support
services they need in order to
survive during 2009. This could
be communicated to the
Bahamas Chamber of Com-
merce, the Bahamas Agricul-
tural and Industrial Corpora-
tion (BAIC) or at an open
forum. After consulting with the
private sector, the Government

needs to initiate the following .

below (based on demand):

* Host free seminars that
focus on how to start, manage,
grow and reorganise businesses
during a recession.

* Partner with
accountants/financial experts to
provide free services on how to
manage cash flow and other
financial matters during a reces-
sion.

* Partner with marketing con-
sultants to provide free services
on to how sell, promote and
provide exceptional customer
services during a recession.

* Partner with human
resources professionals to pro-
vide free services on how to
attract, maintain and retain an
effective workforce during a
recession.

* Partner with business con-
sultants to provide free services
on how to manufacture prod-

ucts efficiently during a reces-
sion.

* Partner with security com-
panies (with assistance from the
police force) to provide free
advice on how to protect busi-
nesses during a recession.

* Partner with lawyers, insur-
ance agents and financial con-
sultants to provide free advice
on how to protect commercial
assets during a recession.

* Partner with Information
Technology Experts to provide
free advice on how to obtain

-and use the right technology
during a recession.

The above information is a
guideline (base model) that the
Bahamas Government could
use. In addition, this article was
written to stimulate the “cre-
ative minds” of policymakers
who are responsible for busi-
ness development.

I suggest that the Govern-
ment partner with executives
from BAIC, the Bahamas
Entrepreneurial Venture Fund,
the Bahamas Development
Bank, the Chamber of Com-
merce, IDB, the College of The
Bahamas and all professional
associations to take a proactive
approach to save businesses
during 2009.

For more information contact
Mark A Turnquest at web site
www.markturnquestconsult-
ing.com or Tel: 326-6748/424-
3640.




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