Citation
The Tribune

Material Information

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

Subjects

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

Notes

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

Record Information

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

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Full Text
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Multi-million
META ALE)
TUR Es
Banisnsa un

BAHAMAS EDITION

FRIDAY, OCTOBER 17, 2008

Da Ee

BIGGEST!!!

Wa ee
eS
AND REAL ESTATE

CLASSIFIEDS ys

Scandal srompts PLP ®
emergency meeting

Some want Perry
Christie to speak. out
as ‘damage control’

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

HIGH-ranking figures in the
PLP held an emergency meet-
ing yesterday to discuss how
they can deal with the growing
scandal surrounding one of their
most outspoken MPs.

Some have called for leader
Perry Christie to speak out. as

part of a “damage control”

exercise to protect the MP. while
others are holding out, worried
about the extent to which the
scandal could erupt.

Their calls for Mr Christie to
break his silence came after The
Tribune exclusively revealed
that a sitting MP in the PLP was
being questioned by police in
connection with an alleged con-
struction scam involving tens of
millions of dollars allegedly pil-
laged from the government dur-
ing his administration.

“We want Mr Christie to say
something. He has to say some-
thing, because he only looks

OT

weak if he remains quiet about
this,” said an inside source.

Worried PLPs told The Tri-
bune that their major concern is
that yet another political embar-
rassment such as this could
“explode” into the kind of long-
running scandal that could
wreck the party’s chances for
the 2012 election.

Party sources confirmed that
high-ranking members have
asked the MP to direct his two
leading attorneys to issue a
press statement regarding the
matter.

However, the MP’s attorneys .

have advised the former minis-
ter against such a move as he
has not been named in the
growing scandal.

The MP is expected.to be
questioned for at least a week as
investigators want answers on
an estimated 20 matters, includ-
ing the alleged embezzlement
of funds from the National
Emergency Management

SEE page nine

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Lniited Time Ofter, Visuals shawn are representational anty.
porciags ee Coptiso oF hae Pack Pins one per ort. Sessions a0



MS Ta UOT

baat isa ET eeaatesta oases ti]

KENDRICK TAYLOR outside of court yesterday:

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

FREEPORT - A 25-year-old
Freeport man was charged with
murder in Freeport Magistrate’s
Court after being discharged

‘ from hospital.

Kendrick Taylor, of 6
Watkins Lane, was arraigned in

‘Court One before Debbye Fer-

guson in connection with the
stabbing death of 19-year-old
Denardo Arthur, of Caravel
Beach.

Taylor, whose injuries were
visible in the lower part of his
face, was one of three men
stabbed and taken to hospital
following an altercation at Red-
wood Lane this week.



It is alleged that on October
11, at Freeport, Taylor inten-

tionally caused the death of

Arthur by means of unlawful
harm.

According to reports, Arthur
was rushed to hospital on Mon-
day evening following an alter-
cation at Redwood Lane, where
he was involved in a gambling
game.

He later died of his injuries.
His death is the tenth homicide
for the year on Grand Bahama.
_ Taylor was represented by
Carlson Shurland. He was not
required to enter a plea to the
charge.

Magistrate Ferguson
adjourned the matter to Mon-
day, October 20, to obtain a

SEE page nine

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KFC employee
suing three |

A KFC employee is suing three

- police officers for unlawful arrest,

detention, and assault and bat-
tery following an armed robbery
at the restaurant in Oakes Field.

Kenson Dean, 27, asutility
worker at Kentucky Fried Chick-
en, was arrested after $9,777 was
stolen from the restaurant, in
addition to $400 cash and jew-
ellery, valued at $500 from an
employee in an armed robbery
on June 29.

Mr Dean claims he was held
up by two masked gunmen while
taking out the trash, but was

~ handcuffed and taken to the Cen-

tral Detective Unit where he
maintains Sgt 1239 Maycock
ordered for the statement he had
given at the restaurant be torn
up, and for officers to charge him
for the robbery. . ~

police officers

Police searched Mr Dean's
home in Robert Street, Faith
Gardens, his passport was confis-
cated, and Mr Dean was detained
at Carmichael Road police sta-
tion, and then at Quackoo Street

. police station the following night,

he claims.

On July 1, Mr Dean maintains
he was taken back to CDU,
where he was to be interviewed
by Sgt Maycock. He alleges that
his attorney's business card was
torn up, and he was assaulted by
officers:

The handcuffed KFC employee
claims that he was ordered to lie
on his stomach, his hands behind
his back, his legs taped with mask-
ing tape, a chair between his legs

SEE page nine

Legendary Bahamian
WWII veteran dies aged 91

@ By MEGAN REYNOLDS
Tribune Staff Reporter

A LEGENDARY Bahamian who fought
in WWI and survived a German prisoner of
war camp died peacefully yesterday at the

age of 91.

Capt Leonard Thompson, a pilot, politi-
.cian and entrepreneur recorded his life expe-
riences in his autobiography “I wanted

wings.’

As a young man Capt Thompson joined }:
‘ the Royal Canadian Air Force, where he
met and married his wife Mary, before he.
joined the Allied forces in Europe as a

bomber pilot at age 24.

Going over and above the call of duty,

Capt Leonard Thompson



Capt Thompson was on his 25th mission when his Halifax bomber was
shot down over Hamburg, Germany on July 28, 1944. There were sev-

SEE page nine

$120 million roadworks to be
carried out in next three years.

@ By LLOYD L ALLEN
Tribune Staff Reporter

MINISTRY of Works officials
yesterday announced that in the
next three years, intense road
works will be carried out on
numerous main roads in New
Providence at a cast of more than
$120 million.

Minister Neko Grant made the
announcement when speaking at
a Bahamas Transportation Work-
shop held at Breezes Resort yes-

terday morning. -

According to the Minister,
“When completed, this road pro-
ject is expected to further
enhance the economic, social
well-being and safety of those
motorists who travel on the roads
of New Providence.”

Minister Grant explained that
the multi-million dollar project,
which was first introduced in
2001, has faced numerous chal-

SEE page nine





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Support the 2008 Red Ribbon Ball
and Colinalmperial in its
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the AIDS Foundation of The Bahamas
in paediatric AIDS care.

- Colinalmperial.

the AIDS Foundation of The Bahamas

Saturday ‘
November 15, 2008
imperial Ballroom —

Atlantis : Paradise island:

Telephone Queries
Nicole Henderson-Smith
396-2102
Metanie Hutcheson
396+2160

, kerzner’ Areca Foon 8 Buti Sad

GIVENCHY

Seen!

Tim Clarke/Tribune staff

eran

THE TRIBUNE

LOCAL NEWS

“toe ESO Gitanoad 7 k TIC) FR n a —
’ a ‘ wT Re Aor ae : 4

cE mow

BF

Pes

Ministry
finally
addresses
West Bay St
pot holes

MOTORISTS travelling along
West Bay Street have complained
for weeks of dangerous pot holes
in the road.

Yesterday, the Ministry of
Works finally addressed the prob-

~ lem.

Removing the top layer of
asphalt to gain access to the man+
holes buried beneath, workers
completed a list of repairs to the
‘crucial systems that are housed
within.

However, as the holes, which
are estimated of having an aver-
-age depth of up to four inches,

. were located in front of the
Arawak Cay entrance, they
proved to be a significant hazard
for vehicular traffic - especially.
at night and on days when rain
showers caused the pot holes to
flood, making them difficult to
spot.

Some drivers complained that
driving along West Bay Street in
the areas of Arawak Cay was like
navigating a slalom course.

a rn ae Y.
R NIT yy R ‘a
ml Road in the PARKING LOT

OCT 18TH





THE TRIBUNE

FRIDAY, OCTOBER 17, 2008, PAGE 3



ee et leat an altiale week

Student ainited.
to hospital

after fight on
school campus

Family Island’s teachers.

AG asia School students kept their children press time last
Tribune Freeport home from school this week-to protest _ night. j
Reporter the situation. This week, presi-

d k@ The teachers at Fresh Creek Primary dent of the
Mayes School and Central Andros High Bahamas Union of §j

tribunemedia.net

FREEPORT - A 16-
year-old student of St
Georges’ High School
was admitted tothe
Rand Memorial Hospi-
tal after he sustained
facial injuries as a result
of a fight that occurred
on the school’s campus
yesterday.

The Tribune learned
that a mate student was
attacked and beaten in
the face with a brass
knuckle sometime after
3pm yesterday while he
was waiting to be
picked up at the school.

Details were still
sketchy at press time
last night, however,
according to sources
close to the school, the
attacker is believed to
be the son of a police
officer.

The 11th grade stu-
dent was taken to the
Rand Memorial Hospi-
tal, where he is being
detained for observa-
tion.

School administrators
and Ministry of Educa-
tion officials could not
be reached for comment
last night.

Sources claimed that
10 students of St
Georges’ High School
have been taken to hos-
pital so far this year as
a result of fights on
campus. *

A male student-was

~ admitted to hospital just
last month after being
struck in the head with
a wittdow louver by. "aK
another student. .The
student sustained seri-
ous'head injuries.

The source said that
about 100 students have
been expelled or sus-
pended at the school as
a result of on-campus
violence.

September.

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

LOCAL financial experts
yesterday were not surprised at
the International Monetary
Fund's lowered projections for
the Bahamas’ projected growth
for the gross domestic product.

In a revised estimate of the
Bahamas' real GDP, the IMF
projected a growth rate of one
per cent for 2008 and 1.2 per
cent in 2009. The IMF had pre-
viously projected a growth of
four per cent in 2008 and 3.9
per cent in 2009.

Former Minister of State for
Finance James Smith told The
Tribune yesterday that he pre-
dicted the “lean” GDP growth
last year and advised govern-
ment to downgrade its growth
expectations.

While he said the IMF's esti-
mates of one per cent are posi-
tive indicators for the Bahami-
an economy, the growth has to
be achieved along with an eco-
nomic stimulus plan by govern-
ment.

."Estimates of even one per
cent would be good. It means
that it's still in a positive terri-




the next three months to our
tourist (industry).

“We've already seen the high
vacancy rates across the board
on hotels and I think the
tourism minister just
announced his plan, but the
question is at what point is it
going to be implemented: It
certainly won't be implemented
in sufficient time to stop what's
going to happen in the last
quarter," he said yesterday.

Government has announced:
that it will accelerate the imple-
mentation of a capital budget
plan and increase domestic con-
struction and infrastructure to
create more jobs and. pump
money into the economy. How-
ever, Mr Smith questioned
whether these initiatives will be

Three in.courton
firearm, ammunition —
nossession charges

THREE persons were :
arraigned in a Freeport Mag- :
istrate’s Court on Tuesday }
on firearm and ammunition :
possession charges. :

Alpachino Miller, 32, John :
Boyce, 39, and Chrisanne ;:

.Pinder, 26, pleaded not
guilty to possession of an :
unlicensed firearm and :
ammunition charges.

It is alleged that on Octo- }
ber 11, while in Freeport, :
Grand Bahama, the accused :
persons were found in pos- }
session of a firearm with live :
rounds of ammunition. i

Magistrate Debbye Fer- :
guson adjourned the case to }
June 22, 2009. The defen- :
dants were each granted bail
in the sum of $2,000 with
four sureties.

.They were represented by
Laquay Laing. |

COU officers
find handgun
and ammunition

OFFICERS of the Cen-
tral Detective Unit were car-
rying out a search of a pri-
vate residence on Amon
Ferguson Street on Wednes-
day at around 11pm when
they found a 9mm handgun
and 11 live rounds of ammu-
nition for the weapon. Two
brothers, aged 24 and 25,
were taken into police cus-
tody in connection with this
matter.

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MINISTRY of Education officials
yesterday went to Andros to meet with
parents over the controversial issue
concerning the transfer of two of the

Parents of Fresh Creek Primary
School and Central Andros High

School in central Andros were notified
of their transfers before the new school
year, but returned to their classrooms in

High school principal Maxine Forbes
and primary school principal Emily
Miller walked out of the schools last
week, vowing not to return until the
teachers’ obeyed their transfers.

In an attempt to resolve the situa-
tion, representatives of the Ministry of

tory if that plays out, but every-- |
‘thine isteally-going-to depend.”
on what happéns, I guess; over®

Tourism met with
the parents in
Andros yesterday
evening at 6pm.
The outcome of
the meeting was
not known up until

Teachers (BUT)
teachers in Andros.

victimised.”

capitalized in time to stave off
further economic softening by
the end of the year.

State Minister for Finance
Zhivargo Laing said govern-
ment was more conservative in
its predictions for growth than
the IMF initially was. During
the budget exercise in May,
Prime Minister Hubert Ingra-
ham predicted a GDP growth
— the value of all goods and
services produced in a country
— of two per cent for 2008 and
two and a half per cent for
2009.






PORT
11A East Coral Row, deeper, G.B,, Bahamas

Telephone: iia} 373-1115 / (242) 373-1471
Pager; (242) 340-8043 * Fax: (242) 373-3005









Belinda Wilson called on Education
Minister Carl Bethel to immediately
intervene in the situation of the two

She warned the minister that the
union will not sit idly by and allow their
teachers to be “inhumanely treated and

Minister Bethel this week said that
the transfer of the two teachers stands

Pa Resliow Memorial Morluay
) and Cromatovium, Limiled

DEATH NOTICE FOR

Met

resolved.

Minister Laing yesterday out-

lined what the IMF's predic- —

tions meant for the average
Bahamian: "What it means is
that the economic climate is
predicted to be less robust than
originally determined, and so
the whole country has to show
great vigilance, has to be very
prudent in the way we manage
(and) conduct ourselves.

“It means that certainly the
country, to the extent that per-
sons are looking to us as

. prospects for travel, even in this

current climate, we have to be

Robinson and Soldier hae Nesieé N.P., Bahamas
P.O. Box CB-12072

Telephone: (242) 394-8043 / (242) 394-8047

Pager: (242) 340-8043 » Fax: (242) 340-8034

THOMAS
ROBERTS, 64



Ministry of Education did not imme-
diately remove the two teachers who
returned to their classrooms although
the Ministry had transferred them to
other schools.

The parents of pupils at Fresh Creek
Primary School and Central Andros
said they will continue to keep their
children home until the matter is








f Education officials meet |
with parents over Andros teacher row

BUT president Mrs Wilson said in a
press statement that the union finds it
“very surprising” that this matter has
escalated to this point.

“A community meeting was held on
Friday, October 10, 2008, conducted
by Ministry of Education officials dis-
cussing the personal and private affairs
of these teachers. The BUT will (defi-
nitely) not allow our teachers to be
inhumanely treated and victimised.

“If the teachers were insubordinate
as stated by the Acting Director (of
Education Lionel Sands), I challenge
him to provide the documentation and
show where due process was followed.
President of the PTA, and parents, I
admonish you not to deprive your chil-
dren from receiving an education. This
is a matter between the teachers, the
union, and the employer. The teachers |
do not pose a threat to the students,”
she said.

and that they soon
will be moved to
different schools.
However, so far
the two teachers
have remained at
| their respective
schools in Andros.
Parents in
Andros had
planned to travel to
Nassau yesterday
to protest if the



IMF lowers projections for Bahamas GDP

one of the worst the world has
seen since the Great Depres-
sion, making it imperative for
government to wisely use capi-
tal expenditure to create eco-
nomic activity.

as ‘productive, as competitive »
as (we) can be, so that the com-
panies for which we work can at
least be able to survive in this
period."

He added that this period is













MAIN SECTION
Local News. :
_Editorial/Letters.
AGVIS 3s
* Sports
BUSINESS SECTION
BUSINGSS ...-2-ccorcsscenssnrcocssusesPe 1 ey 3, 45,6. a 2
Comics cee ey as ea)
EVES Seu ti est 9) 10, 1







CLASSIFIED SECTION 40 PAGES

“USA TODAY MAIN SECTION 12 PAGES






















www.preownedbahamas.com

Located:Thompson Blvd
Tel: Maan a Mon-Fri. 8a.m. - 5: bly hae
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‘Island, ‘died at
Doctor’s Hospital, on
Wednesday, 15th
October, 2008.

He is survived by his

wife, Nola Roberts, mother, Eloise Roberts,
sons, daughters, son-in-laws, daughters-in-
laws, brothers, sisters, grandchildren, great
grandchildren, | aunt, nieces, nephews,
cousins, and a host of other relatives.




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PAGE 4, FRIDAY, OCTOBER 17, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE











The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

_ Published Daily Monday to Saturday

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

Publisher/Editor 1972-

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





THE federal government has decided to use
$250 billion of the $700 billion financial-sector
bailout package to buy equity shares in many of
America’s largest financial institutions, partial-
ly nationalizing the banking industry.

. Treasury Secretary Henry Paulson says buy- -

ing shares in companies like Citigroup, Bank of
America, JP Morgan Chase, Goldman Sachs,
Morgan Stanley and Wells Fargo is necessary in
order to inject liquidity and confidence in the
world financial markets.

The Treasury Department, Paulson says, will
buy up to $25 billion in preferred, non-voting
shares of each of the targeted companies. '

The shares will pay annual dividends of 5
per cent for the first five years and 9 per cent
after that.

The rationale for Washington doing this is is
that it will calm the markets, allow banks to
resume lending, and address the public rela-
tions problem arising from the public’s dislike of
the government’s plan to take bad mortgages off
these companies’ hands at taxpayer expense —
without guaranteeing whether and at what price
they will be resold back into the market.

The government was concerned as well that
if financial-sector share prices continued to
decline or if additional large banks failed, for-
eign governments and private investors would
jump ship and send the dollar into a major tail-
spin.

Meanwhile, the move will reinforce the gov-

ernment’s ability to impose the new rules in.

the bailout package that set caps on senior exec-
‘utive pay, including the elimination of “golden
parachutes” in employment contracts.

The reality is, however, that the governmen-
t’s acquisition of preferred stock in these com-
panies is nothing less than financial sector social-
ism.

While the government may say that it is not
planning to be in the investment business or
determine how the companies are run, the real-
ity will be something totally different.

For example, the bailout bill directs the Trea-
sury Department to write compensation stan-
dards for senior executives to prevent “unnec-
essary and excessive risk” in the management of
their investment portfolios.

But how can Treasury bureaucrats know
what unnecessary and excessive risk is until
they scrutinize the investment strategies and
risk-management aecisions of the executives
in the firms? And how will they know if strate-
gies and decisions are unnecessarily risky with-
out second-guessing everything management
does?

Inevitably the Treasury’s bureaucratic bailout



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US bailout — financial sector socialism




teams in the field will become not-so-silent
partners.

But what real world experience will they
have to know what the wisest and most prof-
itable strategies are?

What incentive will they have to get it right,
since they will not be risking their own money,
but the taxpayers’?

Are we really to believe that politics will not
interfere with or dictate decisions?

How long will it take before Congress, Wash-
ington lobbyists, and special interests groups
start influencing, if not determining, what these
companies do and for whose benefit?

By deciding to pour billions of dollars into
selected banks, the government already is “pick-
ing winners” and implicitly saying which com-

' panies can. be “losers” by being allowed to go

down the drain.

Once having picked these winners at tax-
payer expense would the government ever let
them fail and admit that all those taxpayer dol-
lars were for naught?

It is far more likely that Washington would
pour more good money after the bad, or force
a merger with anther government-backed “win-
ner,” or take the company over, with the gov-
ernment going into the banking business.

Wherever government has nationalized an
industry or bought into a “partnership” with
business, the outcome has been expensive for
the taxpayer and for society at large.

The history of nationalized industries around
the world has almost always been one of inef-
ficiency, excessive costs, and operating deficits
that the government had to cover with tax rev-
enues.

Government-business partnerships almost
always end in mismanagement and corruption
as well.

Too often the company stops focusing on the
needs of consumers in the market and instead
focuses on what’s best for its political patrons
and the special interests that support the politi-
cians.

The result is political pandering and plun-

der for privileged graups at everyone else's
expense.

The current economic crisis is serious, but
financial sector socialism is not the proper cure.

(This article is written by Richard M. Ebeling,
a senior research fellow at the American Institute
for Economic Research, Great Barrington,

‘ Mass., and is the Shelby C. Davis Visiting Pro-

fessor in Economics at Trinity College, Hart-
ford, Conn. — c.2008 Hearst Newspapers).




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Is the PLP
still relevant
to ordinary
-Bahamians?

EDITOR, The Tribune.

Patience Smith gave us an
interesting quote from her Uncle
Lou, a Bahamian who worked on
the contract, in a letter to the â„¢di-
tor of The Tribune, published
October 1, 2008, under the cap-
tion; “Christie isn’t shuffling so
much as begging for unity.”

*...1 feel sure Uncle Lou would
laugh in his loud and grumbly
voice. and shout that, ’dis PLP
sure gone down hill from the first
election when they stood for
something besides money, greed
and arrogance.’ And I don’t
believe it’s just‘Uncle Lou who
feels that way.”

No, it’s not just Uncle Lou who
feels that way. Bahamians need to
read and study more and stop
accepting the rhetoric of politi-
cians as the gospel truth. The
written history ofthe PLP would
reveal that this political organi-
sation lost its relevance to ordi-
nary Bahamians within the first
two years of its first term in office.
It has yet to redeem itself.

Majority Rule is a farce, and I
would love the opportunity to
debate any member of the PLP
on this subject, come one come
all, “you can change the laws of
man but you can’t change the
laws of God,” Queen Africa.
From 1968 the goals of the social
revolution has been betrayed and
never attained. Forty years later
pit latrines and street pumps are
still integral facets of inner city
life in The Bahamas. Colonial
laws that were designed to keep
the black majority subservient to

‘the ruling whites remain a part

of our statutes, only serving this
time to keep the black maje ity
subservient to the ruling black
political class, dominated by
lawyers. The people were duped
into replacing a white oligarchy
with a black political class whose
primary objective remains the
perpetuation of the great divide
through the promotion of party
and friends over God and coun-
try.

Yet the PLP and its tunnel
vision followers, would have us
believe that we the people of the
Commonwealth of the Bahamas,
are better off than we were forty
years ago, simply and solely
because we have had a black
majority government in power
since that time. With all due
respect to the legacy of the late
Sir Lynden Oscar Pindling, I beg
to differ.

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power, and 15 by his protégés -he

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letters@tribunemedia.net




system is no longer relevant to
the needs of national develop-
ment; no legislation has ever been
introduced to give Bahamians
marketable titles to thousands of
acres of prime land in the Out
Islands emanating back to the
colonialists; in 2008 it is still pos-
sible for up to 11 persons to claim
ownership of a single piece of
property; the land of ordinary
Bahamians is being stolen by
some lawyers who appear to be
above the law, with the worst
penalty for stealing by reason of
service being disbarment; in my
opinion it would appar that some
lawyers are benefiting from the
proceeds of crime, abusing the
criminal justice system so as to
allow their clients to get bail on
top of bail. These clients then
continue their criminal activities
to pay huge retainers. Is parlia-
ment continuing to protect rogue
lawyers from the public by disal-
lowing. Bar Council to publicly
reveal the names of those who
have complaints against them?
Corruption and nepotism
throughout the civil service has
become entrenched; it appears to
me that justice has become a
commodity for sale to the highest
bidder and the almost exclusive
right of the cronies, friends and
families of the politically con-
nected; no attempts have been
made in over 40 years to diversi-
fy our economy from the twin pil-
lars erected by the United
Bahamian: Party and the late Sir
Stafford Sands.

Sir Lynden has been the pri-
mary architect of these and many
other injustices, and yet PLPs
continue to accord him dema-
gogue status, and take great
offence to any criticism of his

legacy. The majority still does not
accept that Sir Lynden was just a
man, and as such was the victim
of mistakes, human errors, mis-
trust, bad judgments that contin-
ue to haunt us today, four
decades later.

Sir Lynden’s PLP was, and is,
essentially different from that of
its founders, Taylor, Cartwright
and Stevenson, who “all stood for
something besides money, greed
and arrogance.” Ironically, the |
way out of the present political
dilemma facing ordinary Bahami-
ans is for the PLP to finally revis-
it, with a view to fulfilling, its orig-
inal platform of 1967, something
it has never done.

To achieve this we concur with
John Marquis that the PLP needs
its own Obama, someone who
can relate to the needs and aspi-
rations of young Bahamians;
someone who is prepared to put
God and country before party
and friends; someone who does
not subscribe to the view that
“principles do not put bread on
the table;” someone who has not
been trained by and consequent-
ly feels obligated to perpetuate
the policies of Sir Lynden; some-
one who is prepared to make the
tough decisions required on
behalf of the Bahamian people
to move this country in the right
direction; someone who, perhaps
most importantly, is not a mem-
ber of the local legal fraternity
that has meted out so much frus-
tration, pain and suffering to ordi-
nary Bahamians for over 40 years.

Even more ironic though, if not
pathetic, is the fact that the major-
ity of PLPs would more than like-
ly perceive such a one as not only
a threat to Sir Lynden’s legacy,
but by extension a threat to the
PLP itself, in its present corrupt-
ed state. God please send us a
real political leader, Amen.

LAVADE DARLING
Nassau,
October 11, 2008.

Obama is not out of the woods yet

EDITOR, The Tribune.

The latest USA Today and Fox polls show Senator Barak Obama
with a double digit léad over Senator John McCain nationally, but Oba-
ma is not out of the woods yet. This presidential dog fight could be déja
vu of 1988, given the ties McCain’s campaign manager, Rick Davis, has
with Carl Rove and the late Harvey LeRoy Atwater (universally
known as Lee Atwater). Lee trained Carl and Carl trained Rick.

Twenty years ago Lee Atwater was the Republican National Com-
mittee Chairman and directed the campaign of George Bush Sr, twen-
ty years ago Democratic presidential candidate Governor Michael
Dukakis had a comfortable lead over the Republican candidate,
George Bush Sr, weeks before the election when Mr Dukakis suddenly
became the target of a campaign advertisement about Willie Horton,
a black convicted murderer who escaped from the Massachusetts
prison system while on a weekend furlough and raped a white woman
and:stabbed her husband. The advertisement became a central focus of
the 1988 campaign. We all know the rest is history.

“In 1988, fighting Dukakis, I said that I ‘would strip the bark off the
little bastard’ and ‘make Willie Horton his running mate,’” Mr Atwa-

_ter said in the Life article. Mr Atwater’s deftness at avoiding the per-

tinent issues and skilfulness at the use of race and fear mongering
cannot be understated. Even from the grave he continues to influence
the tone and tenor of the Republican campaign through his disciple,
Rick Davis. The Republican rallies have the feel of an angry lynch mob
as shouts of “terrorist” and “kill him” can be heard coming from
McCain supporters. Rick Davis said that he wants to “turn the page’
from the economy and pursue issues of character. This is just a polit-
ically correct way of saying that the campaign would go negative with
personal attacks and smear by making sixties radical William Ayers and
the Rev Jeremiah Wright Obama’s running mates.

While I appreciate that the economy is foremost on the minds of the
American voters, given history with the 1988 presidential campaign and
the infamous “Bradley” effect, I cannot help but think that Obama is
not out of the woods just yet.

ELCOTT COLEBY

Nassau,
October, 2008.

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THE TRIBUNE

FRIDAY, OCTOBER 17, 2008, PAGE 5



PT AS SNS HN PAN Se

In brief

seebesesavevanccecsneeseenecenceenseseseeceseneeaeeseuenseceeeeg,

Woman airlifted
to Nassau after’

traffic accident

m@ By DENISE MAYCOCK _ :
Tribune Freeport oY
Reporter :
dmaycock@tribunemedia.net

FREEPORT — A 21-year- :
old woman was airlifted from ;
Abaco to Nassau on Tuesday :
after she was seriously injured :
in a traffic accident. i

The woman, a resident of }
New Providence, was struck :

co. :
Jameeal Ferguson, of Eliz-
abeth Estates, was airlifted to }
the Princess Margaret Hospital :
on Tuesday afternoon with }
injuries to the head and back. :
She is in stable condition. i

According to Chief Super- :
intendent Basil Rahming, Ms }
Ferguson was a walking along :
the main road in Cooper’s }
Town at around 8.45pm when :
the traffic accident occurred: :

Mr Rahming said Ms Fer- :
guson was trying to maneuver :
around a large puddle in the :
vicinity of the Government }
Clinic when she was struck by }
a Dodge Truck, registration :
number 8363. i

She sustained a laceration :
to the head and complained of :
back pains. Ms Ferguson was :
assisted into the clinic and:
received medical treatment. :

However, because of the:
serious nature of her injuries, :
she was airlifted to New Prov- :
idence aboard an emergency :

flight at around 12.45am on:

Tuesday.

Mr Rahming said the driver

of the truck told police that he :
was blinded by the bright:
headlights of an oncoming :

vehicle and did not see Ms Fer- i

guson walking in the road.

Abaco Police are investigat-

ing the accident.

Ud

USS
ey aS
PHONE: 322-2157




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.



All major credit cards
accepted as cash!

dgwn by a truck while in Aba-

PLP cal

Is for govt oversight

f the GB Power Company

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

FREEPORT -— The PLP on
Grand Bahama is calling for
governmental oversight of the
Grand Bahama Power Com-
pany following the recent
high surge in electricity prices
in Freeport.

In a press release, the PLP
expressed grave concerns
over the “exorbitant” fuel

i . surcharge levied on con-

sumers.

“We think that this matter
is critically large and impor-
tant enough to warrant our
insistence that the govern-
ment of the Bahamas imme-
diately mandate the Public
Utilities Commission (PUC)
with oversight responsibility
for this Grand Bahama pow-
er monopoly.

“To do any less, would be
tantamount to the govern-
ment of the Bahamas (to

‘treat as nonexistent) its

responsibility to protect the
citizenry,” said the PLP.
Constance McDonald,
Patrick Davis, and Melissa
Sears, national co-vice chair-
men of the PLP, said they feel
that consumers in Freeport

‘are being denied consumer

protection with regards to
electricity rates.
“We in the PLP leadership

on Grand Bahama are
extremely concerned about
the effect the high cost of
electricity is having on fami-
lies and business owners here
on our island,” they said.
The PLP said while the
government may _ have
extended a helping hand by
granting a three-month sub-

- sidy of 50 per cent of the fuel
_surcharge to households con-

suming up to, but not exceed-
ing 800 kWh, those persons
whose bills exceed that
amount are having a difficult
time paying their bills

Mandate

The PLP said that the PUC
has informed them that their
mandate excludes oversight
of any utility company oper-
ating with a license issued
under the Hawksbill Creek
Agreement.

The PLP said that “when
the FNM government, during
its 1997-2002 term in office,
legislated into law this gov-
ernment protection agency,
it was clearly stipulated at the
time that Freeport’s utility
companies were off limits to
the agency and that the arm
of this consumer protection
body did not extend to
include oversight of the
Grand Bahama Power Com-

any.”

“We told them at the time,

Sir Milo Butler Highway
is set for extension

@ By LLOYD L ALLEN
Tribune Staff Reporter



and we say to them again,
that this policy was misguid-
ed, to say the least, and that
it could lead to massive
abuse at the expense of con-
sumers.

“Our view is that Bahami-
ans in Freeport and Grand
Bahama need the protection
that this agency provides as
much, or more so than those
living in other parts of our
Commonwealth.

“We insist that it cannot be
that an entity with which the

government enters into an
agreement can under any cir-
cumstance be exempted from
the country’s consumer pro-
tection agency laws.

Protection

“We call on this FNM gov-
ernment to provide us, who
live in Grand Bahama, the
same consumer protection
that is provided to all other
Bahamians living elsewhere
in the country.

ASCE nee mS Net mLn
as Acting Chief Justice of the Bahamas

“We call on them to extend
the powers of the PUC to
include oversight of Grand
Bahama, notwithstanding cer-
tain alleged provisions to the
contrary that might be pro-
vided for under the Hawksbill
Creek Agreement, for natur-
al justice demands no less,”
said the PLP.

The Tribune was unable to
reach any representatives of
the Grand Bahama Power
Company for comment up
until press time last night.

_ FOR many motorists that frequent the Sir Milo Butler Highway

during peek traffic hours, the drive from the round-a-bout on

Tonique Williams Darling Highway to Carmichael Road may take

- as long as 45 minutes.

However, according to Minister for Works and Transport Neko
Grant, this may all change within the next three years.

The minister yesterday announced that a $120 million road
improvement project is scheduled.to commence within the next few
weeks. j

The project provides for upgrades and repairs to several major
thoroughfares, however, the extension of Sir Milo Butler Highway
is one of the most transformative aspects of the plan.

With recent road works advancing the highway from Fire Trail
Road to Carmichael Road, the new phase will extend the road all
they way to Cowpen Road. It is expected that this extension will
assist in reducing traffic congestion which is common in this area.

The ministry’s permanent secretary Anita Bernard said yester-
day, “The New Providence Road Improvement Project is part of the
New Providence transport programme, which is an initiative fund-
ed by 4 loan from the Inter-American Development Bank and
supplemented by government funding.” ,

“This latest government project is designed to improve the phys-
ical road network of New Providence by constructing new roads and
improving existing ones.”

Other roads set for repair include Baillou Hill Road south;
Mackey Street; West Bay Street in the vicinity of Saunders Beach;
Robinson Road, Prince Charles Drive, Bethel Avenue, among
others. -

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PAGE 6, FRIDAY, OCTOBER 17, 2008

THE TRIBUNE



iv

Patrick Hanna/BIS Photo

SIR Arthur Foulkes was yesterday sworn in by Acting Chief Jus-
tice Anita Allen as Deputy to the Governor-General during the
absence of Governor-General Arthur Hanna.

Rock of Ages Fineval Chapel

Wulff Road & Pinedale
Tel: 323-3800 or 322-1431 ¢ Fax: 328-8852

FUNERAL SERVICE FOR

PREDELUS CHARLES, 53

of West Street and
formerly fo Anse-A-
Foleur, Haiti, will be held
at Bethel Baptist Church,
| Friday, October 17th,
‘2008: .at’-1:00 p.m.
‘Officiating will be Pastor
Jose Etienne, assisted by
Ministers of the gospel.
Interment will follow in
Southern Cemetery.

Left to cherish his
memory are his wife, Theona Altes Charles; son,
Frankie Charles; four brothers, Elysee Remy, Marcel
Derival, Rosny Pierre; two sisters, Josane Olibrice
and Iselande Pierre;.cousins, Ivone, Marie, Liziu,
Dominique, Timote, Jenta and Drielu Charles,
Moncado, Elonize and Tihale Alexi; sisters-in-law,
Nicole, Rosemary, Carmelita, Angela and Milan
Francis; and a host of other relatives and friends
including, Donna Carta, Elicia Maya, Zela, Este
Estime, Elifen Jean and Sinse.

Relatives and friends may pay their last respects at
Rock of Ages Funeral Chapel on Wulff Road and
Pinedale in the Jasper Suite on Thursday from 10
a.m. to 6 p.m. and on Friday at the church from 12:00
p.m. until funeral time.



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CARIBBEAN ISLAND PLANS TO SUBMIT DRAFT RESOLUTION TO UN TO EASE BURDEN
Cuba preparing to step up the
pressure on US to lift blockade

@ BY ALEX MISSICK

FOR the eighth consecutive year, Cuba
plans to submit a draft resolution to the Unit-
ed Nations to have the United States lift the
blockade against the island nation.

Speaking with the local media yesterday,
Cuban Ambassador to the Bahamas José Luis
Ponce said that the draft resolution is now
more important than ever following the dev-
astation caused by Hurricanes Ike and Gustav
to the most vulnerable areas of Cuba.

The resolution — entitled “Necessity of End-
ing the Economic, Commercial and Financial
Embargo imposed by the United States of
America against Cuba” — will be presented for
consideration to the United Nations General
Assembly on October 29.

For seven consecutive years Cuba has sub-
mitted this draft to the UN, and last year, 184
member states voted in favour of it, which,
according to Ambassador Ponce, constitutes
almost “unanimous proof” of the interna-
tional community’s rejection of the US gov-
ernment’s policy against Cuba.

“Last year has been marked by a brutal
implementation of the blockade policy of the
United States government against Cuba. Its
tightening has brought about irrational per-
secutions against government entities, enter-
prises, banking institutions and citizens of
third world countries, and even the blocking of
internet sites for alleged links with Cuba,”
the ambassador said.

Ambassador Ponce noted that the blockade
has had a direct impact on the Cuban popu-



Javier Galeano/AP Photo

A MAN gestures as he stands on his roof as
he repairs it from damage caused by hurri-
canes Ike and Gustav in Los Palacios, Cuba,
Saturday, Sept. 20, 2008. Ike and Gustav
caused US$5b. damage to Cuba this month.

lation in a silent, systematic and cumulative
manner.
The direct economic damage of the block-
ade exceeds exceeding $93 billion, he said.
The damage caused to Cuba’s foreign trade
in 2007, he said, was more than $956 million,
-he said. Ambassador Ponce said that last year
alone, damage to the Cuban food sector
exceeded $174 million, while damage to the
public healthcare system was estimated at
more than $25 million. After the natural dis-
asters of this year, 455 tonnes of stored food
were affected, along with 800 tonnes of tobac-
co used to make the world famous cigars.
The ambassador described the impact of
both hurricanes on Cuba as “atomic bombs.”
He noted that the agricultural sector was
also devastated and that the country now has
to look into short-term solutions to be able to

produce new goods for the market by March
of next year. The housing sector also experi-
enced major damage and a quarter of a million
people have been left homeless. Some 63,249
homes were totally destroyed and 444 on the
southern side of Cuba were damaged.

There are also many areas which as of today
are still without electricity.

“The Cuban government has requested the
US authorities to, allow, at least provisionally
for some months, the sale of essential materi-
als such as the materials for roofing, for build-
ing repairs and for materials and for the re-
establishment of electronic networks. -

“It has also been requested, at least tem-
porarily, the suspension of the restrictions
preventing US companies from providing pri- °
vate commercial credits to Cuba for the pur-
chase of foodstuffs in that country,” Ambas-

-sador Ponce said. He explained that Cuba has

not asked the US government to give them
anything for free, but simply to be allow them
to buy what is critical for the recovery of the
country and its people.

“There is no doubt whatsoever that the
blockade is the main hindrance to the reali-
sation of Cuban’s right to development, and
flagrant, massive and systematic violation of
many other human rights of an entire peo-
ple. The Cuban people will never give up the
defence of its revolution and will continue to
advance in the enjoyment of its freedom and
independence. The US government’s anti-
Cuban hostility, its aggressions and blockade
will not be able to prevent it. It is that policy
which is doomed to failure,” he said.

Bahamian ‘Memory of the World’ committee set up

@ By ERIC ROSE
Bahamas Information
Services

IN an effort to preserve the
country’s heritage, a small “Mem-
ory of the World” committee has
been set up in the Bahamas and
consists of local experts in the
field of documentary heritage,
Minister of Education Carl Bethel
announced on Wednesday.

“The national committee plans
to establish a national register,
wilcu would not only help to pre-
serve the heritage for future gen-



ary, 1831, to the 31st of Decem-
ber, 1832,” Minister Bethel said.

“Charles Farquharson’s man-
uscript is unique and proves to
be an invaluable insight into the
daily life of Bahamian Out Island
slave society, on the eve of Eman-
cipation, and is the only slave
plantation journal that has, so far,
been discovered in the Bahamas,”
Mr Bethel said.

Dr Saunders, he said, also col-
laborated with her Caribbean col-
leagues on a regional nomination
for the UNESCO Memory of the
World on Slave Registers to be

Derek Smith/BIS Photo





erations of Bakhamians, but will
also expose Bahamian heritage
to others who have an interest in
such information,” he said.
Mini8ter Bethel was speaking
at the opening ceremony for the

. 9th Meeting of the Memory of

the World Regional Committee
for Latin America and the
Caribbean (MOWLAC), at the
Wyndham Nassau Resort, Cable
Beach.

The Memory of the World
Regional Committee comprises
world-renowned experts from
Latin America and the Caribbean
region, serving on the basis of
their experience, expertise and
achievement in the field of preser-
vation of and access to documen-
tary heritage on the national and
international levels. The small
Bahamian committee is com-

MINISTER of Education Carl Bethel speaks at the opening ceremo-

ny for the 9th Meeting of the Memory of the World Regional Com-
mittee for Latin America and the Caribbean (MOWLAC), at the Wyn-
dham Nassau Resort, Cable Beach. Also pictured (from left) are
Theresa Moxey-Ingraham, chairperson of the Bahamas National
Commission for United Nations Educational, Scientific and Cultural
Organisation (UNESCO); MOWLAC chairman Jaime Antunes; per-
manent secretary and UNESCO culture adviser for communications
and information for the Caribbean Isidro Fernandez-Aballi, and
Director General of Heritage Dr Gail Saunders.

prised of Director of Archives
Elaine Toote, Assistant Director
of Archives Patrice M Williams,
Chief Archivist Sherriley Stra-
chan, head of public library sys-
tem Dorcas Bowler, and Direc-
tor General of Heritage Dr Gail
Saunders. Minister Bethel said he
was happy to report that Dr
Saunders also represented the
Bahamas on the committee and









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"attended its 8th Meeting in Rio de

Janeiro, Brazil, last year. He
added that she “compiled a nom-
ination of the Farquharson Jour-
nal, a diary handwritten by
Charles Farquharson, planter and
owner of the Prospect Hill Plan-
tation, located on the east side of
Watlings Island (now San Sal-
vador)”.

“It is a journal that recorded
the day-to-day happenings on the
plantation, from the Ist of Janu-

included in a regional nomina-
tion. She did this by submitting
detailed information on the
Bahamas’ Slave Registers, which

gave “fascinating” details about

the demography of the slave pop-
ulation, the minister said. Among
the senior government officials
and stakeholders in attendance
during the opening ceremony
were permanent secretary at the
Ministry of Education Elma Gar-
raway; permanent secretary at the
Ministry of Youth, Sports and
Culture Archie Nairn; Chairman
of the Antiquities, Monuments
and Museums Corporation
(AMMC) Dr Davidson Hepburn;
AMMC Director Dr Keith Tin-
ker, and Chairman of the
Bahamas National Commission
for United Nations Educational,
Scientific and Cultural Organisa-
tion (UNESCO) Theresa Mox-
ey-Ingraham.

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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





»

THE | RIBUNE

OOM yy ay sy te



Butch Kerzner Summit Foun
taking steps to raise money





THE Butch Kerzner Summit
Foundation held a fundraiser last
weekend, inviting a few partici-
pants to climb the stairwells at
Atlantis, the Cove, and the Reef.

Money was donated for each
step climbed. The fundraising
event was dubbed “the Summit
Challenge.”

In addition to testing and devel-
oping the physical strength of
climbers, the challenge helped
raise funds for the foundation's
Summit Centre, a recreational
youth facility to be built by the
Butch Kerzner Foundation at the
Queen Elizabeth Sports Complex. .

A group of eight friends, eager
to test their fortitude and strength,
came together last Sunday to put
their climbing skills to the test.

They climbed to the top of three
of Atlantis’ towers, starting first
with Royal Towers followed by
the Cove and the Reef.

Leading the team of summit
climbers was Vanessa Kerzner,
trustee of the Summit Foundation.

"This is a great start to our
efforts for the Summit Centre for
the youth of the Bahamas, and I

CLIMBERS celebrate



this centre wilkdo, I am reminded
of my dear friend Butch Kerzner
and all of the:wonderful things he
has done and it has inspired me
to help in raising funds for such a
worthy cause.”

“Climbing the stairs was not
only an adventure that I enjoyed
with my daughters and friends but
it was the thought of knowing that
a simple idea can evolve into
something even greater,” Mrs
Everett said.

Together, the group first
climbed 23 flights qi stairs at the
Royal Towers, foflowed by 21
floors at the Cove and 22 floors
at the Reef. Overall, each person
climbed a total of 1,198 stairs, and
for each stair climbed, $10 was
donated to the Butch Kerzner
Summit Foundation.

The event could not have been
possible without the help of spon-
sors Jeff and Gill Everett from
EverKey Global; Jason Callendar,
Harry and Joann McPike; Ronnie
and Antonia Meade; Mark
Roberts of Tile King, Mr and Mrs
HP Kong, along with Vanessa
Kerzner.























ABOVE: VANESSA Kerzner, trustee of the Summit Foundation,
_ leads the pack of climbers up the Royal Towers stairwell.



y nee oH} their nal EV Cor ee aU en

am ever so grateful for the enthu-
siasm and support from our com-
munity,” said Mrs Kerzner.

“We are all trying to do our part
to better the youth, and to better
the future.”

Along for the climb were expe-
rienced climbers Nick Sager, oper-
ations consultant for the Butch
Kerzner Summit Foundation, who
has over 17 years of experience
climbing mountains, and Antonia
Meade.

Ms Meade used the event as a

test for an even greater challenge
that lies ahead of her. Next month
she will be heading to Tanzania,
East African, to climb Mount Kil-
imanjaro, which is the highest
peak in Africa at 19,340 feet.

Among the group’s novice
climbers were Pearl Lawrence;
Madison Everett, 13, and her two
younger sisters Gwenyth Everett,
11, and Grace Everett, who is only
seven years old.

They proved that in spite of
their ages, it only takes the heart of

a champion to inspire others to
contribute to giving for a good
cause.

Young Gwenyth said, “It was
an amazing experience that I
would love to do again. The best
part of summitting the stairs was
not only reaching the top together,
but knowing that we are all doing
it for a great cause.”

Proud of her daughters’ partic-
ipation, Mrs Gill Everett shared
similar sentiments and added,

“When I think of the great things

Mrs Kerzner acknowledged that
this is just the beginning of what
will undoubtedly become an annu-
al fundraising event for the Sum-
mit Centre.

She said she is hopeful that the
Summit Challenge will garner the
support of more sponsors as well
as participants. She is also opti-
mistic that having launched this
venture, other individuals might
be more inclined to climb to the
summit of Atlantis and other




Government and
Politics in
The Bahamas

POL 113
The College/University of



‘The Bahamas

FIDA awards two-year scholarship
to student from Grand Bahama

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

FREEPORT - THE international non-gov-
ernmental organisation FIDA' awarded a two-
year scholarship at the College Of the
Bahamas to Grand Bahama student Destiny
McKinney, a 2008 graduate of the Sunland
Baptist Academy.

Jethlyn Burrows, director of FIDA, said
Ms McKinney was selected from among six
other candidates in Grand Bahama.

This is the third scholarship that has been
awarded by the Grand Bahama Chapter of
the International Federation of Women
Lawyers.

The annual FIDA scholarship iowidgs high-

school graduates with $2,000, per year to study
at COB.

Ms Burrows said Ms McKinney was the
most outstanding applicant because of her
high academic qualifications, as well as her
active participation and leadership roles at
school and in the community.

“Her academic performance was very out-
standing and she had the most BGCSE’s with

‘the best grades, and she was an all around

individual,” she said.

In addition to her stellar academic perfor-
mance as top achiever from 2004 to 2008, Ms
McKinney was also president of Junior
Achievement from 2006 to 2007, and president
of the United Church of God youth group.

She also serves as secretary of the Sigma
Gamma Rho sorority.

Ms McKinney is pursuing an Associate
Degree in law at COB in Freeport. She is the
daughter of Daniel and Hazel McKinney of
Freeport.

The FIDA scholarship committee is com-
prised of Dr Coralee Kelly, president of COB
Freeport, lawyers and FIDA directors Jethlyn
Burrows and Petra Hanna-Weekes, and
Charisse Brown, senior counsel at the Grand
Bahama Port Authority and FIDA director.

Ms Burrows said applicants applying for
the FIDA scholarship must have at least five
BGCSE’s with a grade C and above, including
in mathematics and English, and a minimum
of a 3.0 GPA while in high school.

She said past recipients of the award were
Patrick Russell, who is pursuing studies to
become an electronic engineer, and Kishmir,
Rolle, who is in her second year at COB.

Before a recipient is selected, Mrs Burrows



famous oe of the world.

“Leadership in a Time of Crisis”






featuring

Allison Maynard-Gibson



To be held at 3:00pm on |
Sunday October 19th, 2008













Refreshments will be served
at Michael H. Eldon Complex
in the Executive Board Room,
Thompson Boulevard




BALDWIN
Simeless Craflsmanshif

FROM LEFT: FIDA directors Petra Weekes, Vivienn Gouthro, Jethlyn Burrows, and Charisse
Brown; Destiny McKinney, recipient; Karin Sanchez, treasurer; Hazel and Daniel McKinney,
parents of Destiny, and Lana Hield, secretary.

said, applicants must write an essay telling ’ FIDA isan international non-governmental

the committee why he or she is a good candi-
date for the award.

Miss McKinney was very grateful to FIDA
for selecting her and allowing her to pursue

-her dreams of becoming a lawyer.

“As a young child I was always interested in
law and I thought it would be a good profes-
sion to go into because I feel that I can make
a difference in law,” she said.

After completing her associate degree, Miss
McKinney hopes to further her law studies
in England.

Mr McKinney commended FIDA for their
efforts to help the community.

“T want to thank FIDA for its contribution.
I think it is wonderful that they are giving
back to the community by assisting young-
sters with the opportunity to go off to col-
lege. We are very appreciative to them,” he
said.

FIDA director Mrs Brown said the organi-
sation runs advertisements in the local news-
papers, inviting persons to apply for the schol-
arship.

They also send letters to all the high school
principals on the island, she said.

British American Financial Breast Cancer Tip

organisation in consultative status with the
Economic and Social Council of the United
Nations. The organisation, was first formed
in Mexico City in 1944 to promote the princi-
ples and aims of the UN*in legal and social
aspects.

FIDA works to establish friendly interna-
tional relations on the basis of mutual respect
and equality, and promotes the welfare of
women and children.

Ms Burrows said members}and affiliates
from 80 countries meet every second year in
the country of the current president.

Individual membership is open to male and
female law graduates admitted to practice in
their respective countries or those who are
eligible to be admitted. e

She said academic and law students are
invited to membership. She also noted that
apolitical, non-profit independent organisa-
tions of women lawyers may affiliate with
FIDA as voting members.

Men and women who are not lawyers, but
are interested in the advancement of women
in the legal profession, may participate in
FIDA as patrons.

Charles €.



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Paula Roberts

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56

“Ky
thy y
pe Alllijygs “



a



PAGE 8, FRIDAY, OCTOBER 17, 2008



DPS: oa
Artists to bring a ‘Dash of

Colour’ to Central Bank



BAHAMIAN artists Marco
Mullings and Trevor Tucker will
open their second joint show enti-
tled *“MT2 - Dash of Colour" on
Tuesday, October 21 at 7pm at
the Central Bank of the Bahamas.

This collaboration brings
together two similar styles as both
artists explode off the canvas with
bright and bold colours. The work
embodies everything from under-
water scenes to floral and human
life.

This show merges forms
together that are similar in con-
cept, be it colour or design, in an
attempt to show the harmony and
balance in life.

At first glance one can see the
emergence of nature throughout
the paintings, as both artists
express a love of nature and the



TREVOR TUCKER and Marco Mullings

(above) will open their second

THE TRIBUNE






beauty that we very often have Show on Tuesday. ie
right in our own backyards. _ Their first show together, — lot more creativity, bold patterns ig
This show is the second held “Bloom — A Reflection of — andjusta “dash” mare of colour. Med
at the Central Bank for the two St Nature" showcased ‘he artists’ The show runs until the end of S
Augustine's College High School love of natural beauty. the month and can be viewed dur- ee
art teachers, who both ate also This show continues with that — ing banking hours in the gallery Ae
graduates of the school. theme and passion, but brings ina area. he
. RIV
ott

EM

ofl

EI



pet

et a vin j a te



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ARREST AND CONVICTION OF THOSE RESPONSIBLE FOR THE THEFT OF
THIS YEAR 2002, 34.8 INTREPID, POWERED BY TWIN 2007 YAMAHA

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Please contact crime stoppers at: 328-8447 or 363-3011



Credit Suisse, Nassau Branch

THE annual Shred Day display at Rawson Square. . :
is presently considering applications for a

1 i et

| Annual ‘shred Day’ held to promote —

FACILITIES MANAGER | iy one eel ;

The position is open to candidates with the falSaine minimum requirements: . protection of personal information o ;

SO PN ALTE IRE PO re

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Qualifications:
- Minimum of !0 years well rounded facilities or property management experience in an

offshore banking environment
Strong management and leadership skills
Well versed in Bahamian building codes
In-depth knowledge of contingency planning and project management
PC Literacy (MS Word, Access, Excel)
Proven track record :

Duties and Responsibilities
- Serve as the general liaison between the local staff and other Corporate Real Estate & Services

Managers based in New York e.g. Security, Project Management, Engineering as well as the
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Manage all maintenance contracts, monitor performance and process payments
Facilitate building maintenance repairs and other minor renovations/reconfiguration projects;
organize and monitor general cleaning of bank’s premises.
Assist Project Management team and business units with space issues. including moves,
changes and minor construction activity; notify staff of local conditions and minor changes that
may affect employees in all occupied space
Arrange all special facilities services e.g. cleaning and overtime HVAC requests: liaison to
Jocal property manager for any and all building related issues °
Interface with and coordinate repairs and other issues with property manager; provide local
support for the New York based engineering management team for all engineering related
issues; act as liaison between the landlord and the engineering department for all landlord
related engineering issues
Manage local resources and vendors in the execution of maintenance contracts, repair work
and project related activities and communicate results or abnormal conditions
Provide on site support during emergency conditions including the communication of
information regarding cause and remediation of the situation
Perform daily inspections of critical areas and observations of engineering equipment
Coordinate all health and safety issues

Personal Qualities: : . ‘

- Excellent organizational, interpersonal and communication skills
- A commitment to service excellence
- Ability to work under pressure and with minimum supervision

Benefits provided include:
3 Competitive salary
- Pension Plan
- Health and Life Insurance

APPLICATIONS MUST BE IN WRITING.

Persons not meeting the minimum requirements need not apply.



Applications should be submitted to:
Human Resources Department
P.O, Box N-4928
Nassau, Bahamas

DEADLINE: OCTOBER 24, 2008



SUNRYSE Shredding held their annual

‘community event “Shred Day” last week on

Rawson Square.

“Shred Day” is an event that seeks to pro-
mote the importance of protecting personal
information and the information of others from
possible ideritity theft.

This event was created to give individuals
the chance to professionally destroy their doc-
uments for free, while promoting daily safety
practices on how to constantly protect oneself

from identity crimes such as credit card fraud,
cheque scams, phishing scams, among others.

In an effort to urge people to be more mind-
ful of this increasingly popular crime, Sunryse

- shredding put on an educational exhibit in
Rawson Square on Wednesday October 8 to.

highlight some of the more prevalent crimes.
The event was a huge success with members of

the public taking more notice and promising to -

be vigilant in protecting and properly discard-
ing their personal information.



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THE TRIBUNE

a NEWS

FRIDAY, OCTOBER 17, 2008, PAGE 9



FROM page one

en.on board. He was one of three
who survived.

News reaching Nassau was that
Pilot Officer Thompson, the first
officer to leave home to join the
forces at the outbreak of war, was
missing in air operations over Ger-
many.

However, after five days “at
large”, Capt Thompson — still
believed by his family to be miss-
¢ and held in
the Stalag Lut ill prison camp,
made famous in the movie “The
Great Escape.” He was impris-
oned from July 1944 until he was
liberated by Russian forces in
April 1945. His son Leonard, Jr,
was born shortly after he was shot
down over Hamburg. -

Capt Thompson and his three
brothers, Hartis, Morris and
Chester were known as “The fight-
ing Thompsons” for their service
in the war.

Leonard Thompson, born in
Hope Town, Abaco, was the sec-
ond son of Capt and Mrs William
Maurice Thompson. He had six
brothers and one sister.

The family moved often
between Nassau and Hope Town
during his early years. Where they
lived depended on where his
father was sailing at the time. Capt.
Maurice, captain of the three mast-
ed schooner Alma R, was one of
the first Bahamians to obtain a
master Mariner’s licence from the
Board of Trade in London, which
included a Navigator’s ticket. He
was at sea most of the time, spend-
ing the hurricane season at home
with his family. :

During the depression of the
early 1930s, just after Prohibition
ended in the US, Capt Maurice
was without a ship and a job. He
decided. to try sponge fishing in
which he enlisted young Leonard
as his sculler, and Leonard’s 11-
year-old brother Roscoe as the
cook.

After graduating from: high
school young Leonard had sever-
al jobs in Nassau, including a year
at the Royal Bank of Canada. In
1937, shortly after leaving the
bank, he persuaded his friend
Charlie Collar, a US Naval pilot
and later pioneer founder of
Bahamas Airways, to take him on
as an apprentice pilot for £1
($4.80) a week. In September 1939
he and four of his closest friends
left for Canada to join the Royal
Canadian Air Force.

Capt Thompson and Mary, his
wife of over 50 years, had six chil-
dren. He entered politics, sitting in
the House of Assembly as an inde-
pendent MP for Abaco for 19
years from 1949. He is well
remembered for the petition that
was sent to Her Majesty Queen



Legendary Bahamian

Elizabeth II that if independence
were granted to the Bahamas, her
loyal Abaco subjects wanted to
remain a colony of England.
Despite threats and intimidation,

67 per cent of Abaco’s residents

signed the petition to remain a
colony.

Daring visionary that he was,
Capt Thompson pioneered avia-
tion in the country, flying for

Bahamasair and British Airways
before setting up his own airline,
Skyways Ltd.

And his entrepreneurial
instincts was further manifested
in the Thompson Brothers liquor
import business, which he estab-
lished with his brother, Chester
Thompson, in Blackbeard's Tav-
ern restaurant east of the British
Colonial Hotel on Bay Street. He
also built a 32-room hotel at Trea-
sure Cay, Abaco, on what he

recognised as the most beautiful :

beach in the Bahamas.

He later went on to build the
Marsh Harbour Hotel and Marina.

"The man had incredible fore-
sight," said friend and former
politician Michael Lightbourne,
66.

"Quite frankly I don't think

many people would have seen

what he saw in Marsh Harbour,
because a lot of the land was
marshy, but now it is the biggest
hotel in Abaco, and it has grown
from strength to strength."

His vision, combined with a pos-
itive outlook, enabled Capt
Thompson to achieve his goals and
overcome great tragedy, includ-

ing the loss of his son, Jeffrey, who

at the age of 24 was lost on a div-
ing trip near Freeport

His brother Chester said; "He
was always cheerful. If you asked
him how he felt he would always
say 'not so bad', or 'never better’,

- something optimistic."

Mr Lightbourne recalled: "He
was a giving person, and he just
made an incredible contribution
to the country, including basically
offering his life as a young man.

"He had an incredible array of

friends, a great sense of humour, a
joie de vivre; he enjoyed life, he
enjoyed people, and they enjoyed
him.

"He has left a great legacy."

Capt Thompson had 11 grand-
children and nine great-grand-
.children who will remember him
fondly.

His funeral will be held at St
Francis de Sales church in Marsh
Harbour at 3pm on Sunday, Octo-
ber 27.

Instead of flowers, please send

donations to Every Child Counts
(ECC), PO Box 200085, Marsh
Harbour, Abaco.

arried out in next an years

FROM page one

lenges. However, with contractors having been
secured from August of this year, and with all
major starting components already in place, he
and his team have committed themselves to

: going forward with this “mammoth,” but

much needed project.

The project which will repair more than
11.6 miles of existing and new roads, and 19
corridors, and will include repairs to Baillou
Hill Road south, Mackey Street north, East
Street between Robinson Road and Soldier
Road, West Bay Street, specifically in the
Saunders Beach vicinity, Robinson Road,
Prince Charles Drive, Marathon Road, Wulff

Bethel Avenue.

The minister also confirms that additional
improvements will involve the strategic place-
ment of pedestrian crossings, guard rails, the
installation of road and street signs, street-
lights, and increased road beautification ini-
tiatives.

The selected contractor for this project is
Jose Cartellone Construcciones Civiles of
Argentina, with consultancy services provided
by the Mark MacDonald group.

The project, which was made possible by a
loan from the Inter-American Development
Bank (IDB), began with this forum, held over

a two-day period, bringing together numerous
public and private entities who are all involved

BTC, Cable Bahamas, Road ‘Traffic, Bahamas
Environmental Science and Technology Com-
mission, and the IDB.

Oscar Spencer, local JDB representative
stated: “We, the IDB, remain fully committed
to supporting the government of the Bahamas
in this very important project, which will lead
to the reduction in transportation cost for
road users in New Providence through
improvements in their existing network.”

Mr Spencer went on to say, “It is important
that we work toward secing this project to a
successful completion, in order to set the stage
for other development challenges that lie
ahead.”

This latest government project follows
recent road upgrades that have already

Road, the Milo Butler extension to Cowpen
Road, and also the newly proposed layout of

FROM page one

to restrict movement, and a large
plastic bag over his head.

The writ filed and served to
officers WDC 138 Dames, D/Cpl
2416 Smith, Sgt 1239 Maycock,
the commissioner .of police as
their superior, and the Attorney
General as joined under the
Crown Proceedings Act, claims:

"During beating the plaintiff
(Mr Dean) managed to bite
through the plastic bag to
breathe, and it was replaced by
clear stronger bag the plaintiff
was not able to bite through.

"He was beaten on the but-
tocks with a cutlass until badly
bruised and swollen, beaten on
both calves with a baseball bat
until bruised and swollen, both
shins were bruised and bleeding
by friction on the floor during
beating.

"He was punched about the
body and coughed blood,
punched on the right side of the
face which was bruised and bleed-
ing, and punches close to the right
eye caused blurred vision for five
days."

Mr Dean further claims his
handcuffed wrists were bruised,
swollen, cut and bleeding, and he
lost feeling in both thumbs, while
the bottom of his feet were
bruised and swollen from beat-
ing.

In fear of his life, Mr Dean
claims he signed a record of inter-
view and statement purported to
be witnessed by WDC 138 Dames

KFC employee

and D/Cpl 2416 Smith, obtained
by oppression and extreme bru-
tality.

His attorney Dorsey McPhee
photographed Mr Dean's injuries
the following day while he was
detained at Grove police station,
were he stayed until July 3, when
he was moved to Nassau Street
and held until arraigned before
Magistrate Linda Virgil in Court
9, Nassau Street on July 4.

Mr Dean pleaded not guilty —

to three counts of the armed rob-
bery of KFC, his co-worker and
conspiracy to commit armed rob-
bery..

He claims the arrest and
detention was unlawful, as the
reason for arrest, based on a wit-
ness statement given by a KFC
employee who arrived after the
robbery, relied on suspicion.

He further complained of
maliciously being made to appear
in Court One, Bank Lane, where
he was paraded before ZNS tele-
vision cameras alongside two peo-
ple being arraigned for a high
profile armed robbery of Scotia
Bank.

Mr Dean is claiming aggravat-
ed and exemplary damages for
assault and battery, malicious
prosecution, false and unlawful
arrest, unlawful detention,
$10,000 in damages to defend
criminal charges, damages for lost
wages, and costs.

¢Pool Tiles

eThreshold

at some capacity in this undertaking.
Included are representatives from The Min-
istry of Works, Water and: Sewage, BEC,



Abaco.

FROM page one

medical report on Taylor, who
had a visible injury to his low-
er face.

A second man has also been
charged in connection with the
stabbing.

started.in Elcuthera,

Harbour Island, and

Man charged

Charles Fitzgerald was
charged with causing grievous
harm to Kendrick Taylor.

He pleaded not guilty to
the charge and was granted
bail.

Scandal prompts PLP emergency meeting

FROM page one

Agency (NEMA), where construction materials were paid for,
but never arrived at their designated locations.

This first matter reportedly involves a $5 million contract
awarded to a well-known PLP supporter in the construction
field who has also been questioned by police in connection with

this matter.

A second matter involves another multi-million dollar contract
awarded to a well-known PLP heavy equipment operator. This
time, the alleged scam involved a contract awarded to clear two
government sub-divisions valued at over $7 million.

Not only
aueOF is alleged to have

was the contract already inflated, the developer in
turned around and sold the fill from

the land back to government at $1 million per sub-division —
totalling over $9 million on this single contract. It is said that the

contract was not put out to bid.

Reportedly, the sub-division developer is believed to have
been involved in a scheme where he was buying fill from a local
supplier for $4 a yard, and then reselling it to government for $12

a yard.

However, yesterday the PLP MP for Fox Hill Fred Mitchell’
suggested on a radio talk show that the reports revealed by The
Tribune were simply part of a “smear sone n” by the FNM.

“T think the PLP ought to stand up and say enough of this. One
has the civic duty, of course, if there is a legitimate investigation
going on to co-operate with the authorities. but certainly you
don’t expect if there is co-operation with authorities there is

going to be this type of trial by innuendo or smearing,

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~he said.

©2008 Creative Edge







PAGE 1U, FHIVAY, UU LOBER 17, 2ZUU&







‘FRIDAY EVENING OCTOBER 17, 2008

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

NETWORK CHANNELS

Issues Round- {Washington |McLaughlin {Bill Moyers Journal (N) © (CC) |Waking the Dead “The Blind Beg-
WPBT |table discussion. nese a Group f) (CC) gar’ (Part 1 of 2)

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(2008) 'R’ (CC) Knoxville, Steve-O. R (CC) :

Let Charlie the
Bahamian Puppet and fay
his sidekick Derek put ay

some smiles on your

kids’s faces.

Bring your children to the
McHappy tour 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

(T\

i'm lovin’ it







PAGE 11, FRIDAY, OCTOBER 17, 2008 THE TRIBUNE

THE COLINAIMPERIAL
INSURANCE LTD

invites tenders for the purchase of:-—

ALL THAT piece, parcel or lot of land situate in the
Subdivision called and known as Yamacraw Shores
Subdivision having the number (99). Single Family
Residence. Property size: 8,221 sq. ft. Building size:

- 2,596 sq. ft. Three (3) Bedrooms & Two and a half (2
1/2) Bathrooms. — .

Colinaimperial Insurance Ltd. will sell as mortgagee
under power of sale contained in a Mortgage dated
28th day of September, A.D., 2004.

A

ALL THAT piece, parcel or lot of land situate in
the vicinity of Johnson Road in the Eastern
District of the Island of New Providence and
having the Number 5 in the Valentine’s
Extension Number 2 Subdivision.

The Subject Property consist of the following
accommodations:- (3) 1 Bed Room Apartments
each with Living Room, Dining Room and
Kitchen. (2) - 2 Bed Room Apartments each
with Living Room, Dining Room and Kitchen.

Colinaimperial Insurance Ltd. (formerly Imperial
Life Financial) will sell as mortgagee under
power of sale contained in a Mortgage dated
30th, Day of November, A.D., 1990, stamped
and recorded in Volume 5548 at Pages 90 to
114.

ALL THAT piece, parcel or lot of land
situate in the Subdivision called and
known as Vista Marina Subdivision
having the Lot number seven (7) in
Block number sixteen (16) situated in
the Western District in the Island of
New Providence. Residential Property ;
size: 10,500 sq. ft. Building size: 4,970 ¢
sq. ft. The subject property is a four
bedroom, two bathroom single storey ©
dwelling.

Colinaimperial Insurance Ltd. (formerly
Colina Insurance Company) will sell as
mortgagee under power of sale
contained in a Mortgagejdated 30th
day of July, A.D., 2003.

ALL THAT piece, parcel or lot of |
land situate in the Subdivision
called and known as Centreville
having the number twenty-two
(22) in Block number fourteen
we (14). Commercial /Residential.
» .&. Property size: 10,500 sq. ft.
Building size: 3000 sq, ft.

AAS

Colinaimperial Insurance Ltd.
(formerly The Manufacturers Life
Insurance Company) will sell as
mortgagee under power of sale
contained in a Mortgage dated
21st day of December, A.D., 1990
stamped and recorded in Volume
5554 at pages 563 to 578. fh . < oC

“yy

Wij

ill
if?

LLL,
wirro“iy

yin Uy
Whi

tl
til

ALL THAT piece, parcel or lot of land
situate in the Subdivision called and
‘known as South Beach having the
number thirty (30) in Block number five
(5). Single family residence-Property size:
6,364 sq. ft. Building size: 2,133 sq. ft.
Three (3) Bedrooms & Two (2) Bathrooms.

Hl
‘4
y

“ip
Mhipy
Morey

yl F

Uteryy,

Vrouw

Colinaimperial Insurance Ltd. (formerly
The Canada Life Assurance Company) will
sell as mortgagee under power of sale
contained in a Mortgage dated 28th day
of March, A.D., 2001 stamped and
recorded in Volume 8157 at pages 395 “Rae”
to 417. ,

Gy

a
tr,

Y

Mity
7
Vp,

%
Viny

ALL THAT piece, parcel or lot of land situate in
Section Three (3) of the Subdivision called and
known as Sea Breeze Estates having the
number Seventeen(17) in Block Number

Thirteen (13).

Ml

tj

The Subject Property consist of the following
accommodations :- (3) Bedrooms, (2)
Bathrooms, Kitchen, Living Room, Dining
Room and Utility Room.

Colinalmperial Insurance Ltd. (formerly

Imperial Life Financial) will sell as mortgagee*
under power of sale contained in a Mortgage

dated 19 day of September, A.D.,.1984

stamped and recorded in Volume 4154 at

Pages 357 to 377. . =

as

-¢ AANA : ¢
- Colinalmperial Insurance Ltd. reserves the right to reject any and all offers.

Interested persons may submit written offers in a sealed envelope
addressed to General Manager, Mortgage Operations,

~PO BOX N-3734, NASSAU BAHAMAS

to be received no later than the close of business on
November 30th, 2008.









PAGE 12, FRIDAY, OCTOBER 17, 2008



Ex-Yankee Tom —
Tresh dies at 71

m@ BASEBALL
VENICE, Fla.
Associated Press

TOM TRESH, the 1962 :
AL Rookie of the Year and }
part of three New York :
Yankees teams that reached :
the World Series, has died. :
He was 71. i

Tresh died Wednesday }
after a heart attack, accord- :
ing to the funeral home han- }
dling the arrangements. i

Tresh was an 1962 All- :
Star as a shortstop and made :
the team again in 1963 asa ;
center fielder. He later
earned a Gold Glove in the :
outfield. ; :

“Tommy was a great }
teammate,” Yankees great }
Yogi Berra said in a state- :
ment. “He did everything }
well as a ballplayer and was :
an easy guy to manage.” ;

The Yankees were near- }
ing the end of their decades- ;
long dominance in the AL }
when Tresh became a regu- :
lar, taking over at shortstop :
when Tony Kubek went to }
serve in the Army. He hit ;
.286 with 20 homers and a }
career-high 93 RBIs in 1962. :

Tresh joined a powerful :
lineup that already boasted
the likes of Mickey Mantle }
and Roger Maris and helped
the Yankees reach the :
World Series from 1962-64. :

The switch-hitting Tresh :

homered in the Game 5 vic- :.

tory over San Francisco in }
1962, and made a running, :
backhanded catch on Willie :
Mays’ drive to left field in
the seventh inning in a 1-0 :
win in Game 7. i

Tresh homered off Sandy :
Koufax in the 1963 Series
loss to Los Angeles and
homered twice in the 1964
loss to St.Louis, including
a shot off Bob Gibson.»

Overall; Tresh hit .245°
overall with 153 home runs
and 530 RBIs. He was trad-
ed by the Yankees to
Detroit during the 1969 sea- :
son and retired after that :
season. i



Tresh, who was born in

Detroit, attended Central
Michigan and later was an
assistant coach at the school. :

“This hurts. He was my :
roommate for six years of ;
my life, my hitting instructor
and my best friend. He let
me be me, but he was also
the guy who kept me in at :
night,” longtime teammate
Joe Pepitone said. i

FA looking into”
possible match-fixing

m SOCCER
LONDON
Associated Press





ENGLAND’S Football :
Association is investigating ;
allegations of match-fixing in :
this month’s League Champi- :
onship match between Derby
and Norwich.

Derby beat the Canaries 2-
1 on Oct. 4, but the match was
reportedly subject to irregu-
lar betting patterns in Asia.
The FA was known to be’:
investigating a match, but its i
identity hadn’t been con- :
firmed until two British politi-
cians asked questions in Par-
liament about it on Thursday.

Norman Lamb, who is a
Norwich season ticket-holder,
put forward a question on the ;
subject to the government.

“When anything like this :
enters our game the whole i
thing’s destroyed because you :
lose trust,” Lamb told the }
BBC. “It’s important the FA :
investigates this as a matter of :
extreme urgency.” i

The Sunday Telegraph :
newspaper, which reported :
the allegations last week, :
handed the FA a document }
detailing the unusual betting :
and also to the Gambling :
Commission — the regulatory :
body for gambling in Britain. :

Neither organization has :
jurisdiction over the Asian :
market, but both have a man- }
date to uphold the game’s }
integrity. :

Derby took the lead with a :
26th-minute goal by Rob ;
Hulse. Sammy Clingan tied it
with a penalty in the 51st :
before Nathan Ellington :
scored the winner with five
minutes remaining. :











dal through to
adrid quarters



£

NEFL/AP Photo

JETS safety Eric Smith has
appealed his one-game sus-
pension and $50,000 fine by
the NFL for his helmet-to-hel-
met hit last week on Arizona
receiver Anquan Boldin.

-_ ane

ANDY RODDICK of the U.S. reacts in front of an American flag during
a tennis match against Gael Monfils of France at the Madrid Masters in
Madrid Thursday Oct. 16, 2008. Monfils won the match 6-4, 3-6, 6-3.

Paul White/AP Photos

RAG...

16, 2008.

the match 6-4, 3-6, 6-3.

RAFAEL NADAL of Spain returns the ball on his way to
beating Richard Gasquet of France 6-4, 6-2 during a ten-
nis match at the Madrid Masters in Madrid Thursday Oct.

GAEL MONFILS of France returns a shot to Andy Rod-
dick of the U.S.during a tennis match at the Madrid
Masters in Madrid Thursday Oct. 16, 2008. Monflis won

TRIBUNE SPORTS


















@ TENNIS
MADRID, Spain
Associated Press

RAFAEL NADAL moved
within one victory of clinching
the season-ending No. 1 rank-
ing on Thursday by beating
Richard Gasquet 6-4, 6-2 to
reach the Madrid Masters quar-
terfinals.

Nadal will hold the year-end
top spot if he beats another
Spaniard — Feliciano Lopez,
who beat Stanislas Wawrinka
6-4, 6-4. Roger Federer has held
that spot for the past four years.

Defending champion David
Nalbandian was ousted by
Argentina Davis Cup team-
mate Juan Martin del Potro 6-4,
6-2. Eighth-seeded Andy Rod-
dick was also eliminated, los-
ing 6-4, 3-6, 6-3 to Gael Monfils
of France.

The ninth-ranked Del Potro
controlled the third-round
match from the start after
breaking Nalbandian, who was
coming off a tournament win
in Stockholm last week, in the
first game.

Del Potro broke again to
take the opening set and then
seized control of the second
with another break in Nalban-
dian’s first service game.

“T have to do my things, but
in Davis Cup he is the leader .
and he is the one that counts
above everyone else,” said Del
Potro, who is closing in on a
spot at next month’s Masters
Cup in Shanghai. “I’m getting
better day by day. We don’t
compete to see who is the best
from Argentina.”

Nalbandian and Del Potro
will play singles for Argentina
in the Davis Cup final against
Spain from Nov. 21-23 in Mar
del Plata, Argentina.

Del Potro’s quarterfinal oppo-
nent will be the winner of the
match between second-ranked
Roger Federer, who won here in
2006, and Australian Open final-
ist Jo-Wilfried Tsonga.

U.S. Open finalist Andy Mur-
ray also reached the quarterti-
nals with a 7-5, 7-6 (2) win over
Marian Cilic.

Broken early on, the fourth-
ranked Briton broke Cilic to
make it 5-5 and again two
games later to close out the set.

Cilic rallied late in the next
set to force a tiebreaker, but
Murray took a 6-1 lead atter
Cilic double-faulted. Murray
clinched the match when Cilic
hit a shot long.

WW



Jets’ Smith says fine, suspension were too steep

@ FOOTBALL
FLORHAM PARK, N.J.
Associated Press

NEW YORK JETS safety
Eric Smith thinks the NFL
“made an example” of him
with its punishment of his hel-
met-to-helmet hit on Arizon-
a’s Anquan Boldin a few weeks
ago.

Smith was suspended and

‘fined $50,000, including one

game check, after the scary col-
lision near the end of New
York’s 56-35 win on Sept. 28.

“If you compare it to the
other fines and the extent and
the value of the number they
put on the other fines, I defi-
nitely feel that I may have been
made an example of,” Smith
said Thursday. “It was a first
offense this year, and there are
a couple of second offenses
that haven’t been as severe as
mine.”

Boldin needed surgery to
repair a fractured sinus and is
sidelined indefinitely. Smith, in
his third year, appealed the
decision and insisted there was
no malicious intent on his part.
The league said Smith com-
mitted a flagrant violation of
player safety rules and that
Boldin was in a defenseless
position when contact was
made.

“T tried to tell them that my
intention wasn’t to hit him like
that, but they told me intent
wasn’t looked at,” said Smith,
whose salary is $445,000. “But
if intent isn’t involved, then
why isn’t every fine the same?”

NFL spokesman Greg Aicllo
said the league would have no
comment on the suspension or
Smith’s statements.

Smith was accompanied to
his appeal hearing at the NFL's
offices in Manhattan last week
by his agent, Buddy Baker; Jets

general manager Mike Tan-
nenbaum; and a lawyer for the
NFLPA. Smith said he knew
he had little chance of having
the penalties overturned.

“I felt that the media atten-
tion it received was really tough
to win my appeal, just because
of the attention it got and basi-
cally everybody knew about it,”
said Smith, who sat out the Jets’
win Sunday against Cincinnati.
“So, it was going to be tough
for the NFL to change their
decision on it.”

NFL commissioner Roger
Goodell, who a few weeks ear-
lier issued a player safety edict,
was not present at the hearing.

“T can’t say it would've
helped me or hurt me either
way,” Smith said, “but I
would've definitely liked to
have talked to him about it.”

With 27 seconds left in the
game, Boldin tried to catch a
pass from Kurt Warner in the

end zone, but was hit in the
back by Kerry Rhodes and then
took a shot to the front of his
helmet from Smith. After being
worked on for several minutes.
Boldin was immobilized and
placed on a stretcher before he
was carted off the field. No
penalty was called on the play.

Smith was also. briefly
knocked unconscious and has
no recollection of the hit —
except for what he’s seen over
and over on replays.

“From the first time I saw it,
it looked as I’m going to hit
him, I’m going to hit him.in the
chest,” Smith said. “But when
he got hit from behind, he
came down into where my line
of hitting was. So, if he hadn't
been hit from behind, then it
wouldn't have been helmet to
helmet.”

Smith called Boldin a few
days after the collision and lett
him a message.



TRIBUNE SPORTS

FRIDAY, OCTOBER 17, 2008, PAGE 13







From the moment the athletes disembarked at
the GBIA, the celebrations for Team Bahamas
and native Grand Bahamians Vereance Burrows,
Devin Mullings, Michael! Mathieu, Andre Williams
and Donald Thomas included a red carpet wel-
coming press conference and peaked with a youth
rally held at Independence Park yesterday.

Hundreds of students across Grand Bahama
along with Parliamentarians and well wishers
turned out at the park to pay homage to the
Olympians.

Each of the five Grand Bahamians was hon-
oured through song or spoken word by their
respective alma maters, Mathieu of the St.
George’s Jaguars, Williams of the Sir Jack Hay-
ward Wildcats, Burrows of Sunland Baptist Acad-
emy, Mullings and Thomas both of the Bishop
Eldon School.

All of the 19-team members were awarded with
gifts for their performances with the male mem-
bers receiving Techno Marine watches and female
members receiving pearl jewellery sets.

The ceremony concluded with a special perfor-
mance by recording artist KB with renditions of
two of his hit singles, “You Don’t Know Me Eh”
and “Civil Servants.”

Wellington Miller, President of the Bahamas

Olympic Association, gave one of the most pro-

found addresses of the ceremony when he praised
Grand Bahamian organisers but implored the
Olympians to relate the entire depth of their jour-
ney to the impressionable youth sitting before
them.

“Grand Bahama is quickly becoming the organ-
‘ising capital of the world, the way you celebrate
should be held up as an example of the way we
should do things all across he country,” he said.
_ “Everyone sees the upside of your career and

wants to celebrate through the glitz and glamour,
but I want you to tell the youth of what it truly
takes to get to this point. Tell them of the times
you have been disappointed in the past, tell them
the discipline it took to for you to get where you
are in your careers, tell them how hard you have
worked and sometimes all you had was prayer, tell
them everything it took for you to reach this lev-
el.”

The Grand Bahamian natives responded to the

Grand Bahama rolls out the:

outpouring of affection with
a timely cross section of rel-
evant messages.

Burrows, a sophomore at
the University of Kentucky
who competed in his first
Olympic Games told the
crowd how he had been in
their position just a short
time ago and found inspira-
tion in Olympic athletes.

“T remember being in this
park a few years ago when I
was younger, and I remem-
ber seeing the Golden Girls
tease me with their medals,”
he said. “It was a definite
inspiration to me to one day
be able to get to the
Olympic games.”

Williams, who ran a cru-
cial third leg in the finals of
the men’s silver medal win-
ning 1600m relay team,
stressed the role a strong
support system can play in
the life of a young person
in the pursuit of a specific
goal.

“To the parents I just
want to say support your
kids in whatever it is they
choose to do, whether it is
with sports Or anything
else,” he said. “To the kids, obeying your parents
is the first step because all this success starts in the
home. You have to go after your goals and
dreams, but most importantly, stay focused on

* doing things the right way.”

Mathieu, who ran the second leg in the finals of
the 1600m relay insisted on the importance of

religion in shaping the mindset of the prospec-
tive athletes.

“Put Goc fist in your life first and foremost in
all your decisions throughout life,” he said. “Suc-

cess does not come easy, just like being a great ath-
lete does not come easy, but you have to be deter-
mined to stick with it and to remember that above






pé Major/Tribune staff

Feli




anything else put God first.”

Thomas, whose international natoriaty ascend-
ed to astronomical heights following his 2007
World Championship, experienced a myriad of
injuries throughout much of his 2008 season and
related his experience this year to the importance
of hard work.

“This year I was unable to bring a medal home
like I did last year,” he said. “I could not work like
I wanted to this year and when y. u do not work
you do not get rewarded. That should be one of
the biggest lessons you should learn.”

Mullings, a recent graduate of the Ohio State
University, was also a first-time Olympian, com-
peting in doubles with Olympic veteran Mark
Knowles.

“Tam so thankful for the reception we have
received and this entire experience has given me
nothing but confidence moving forward,” he said.
“I am definitely looking forward to London in
2012 and what we can accomplish there.”

The exuberant celebrations in Grand Bahama
culminated in an islandwide motorcade stretching
from Lucaya to West End where scores of resi-
dents lined the streets to catch a glimpse of the
2008 Olympians

The team’s nationwide tour concludes today
with visits to islands most drastically affected by
Hurricanes Hanna and Ike.






FROM the moment ae Peck
hy

disembarked at the GBIA

celebrations for Team Baha

tke ielreneMrenecifecianr-i (ee

oygstiouolenicidcss(erou: lieu Mi=rciee ay

witha youth rally held at Ind
pendence Park oper

@ By RENALDO DORSETT
Sports Reporter }



THE nation’s sec-

ond cit

the red carpet

rolled out

treatment for team

Bahamas with a
special focus on

their home grown
quintet of athletes,
which represented
the Bahamas at the
2008 Olympics in

Beijing.



WS 3






SOHENENNAANNENNNINNS

fhe parents

say SUDPOTI
our kids in
atever it is
they choose
to do,
whether it is
with sports or
anything else

ANDRE WILLIAMS

‘SOANNNRANNRNNNEANANLOREONANNAANNNNAA NNO TE





PAGE 14, FRIDAY, OCTOBER 17, 2008



TRIBUNE SPORTS





estminster College
gives to Ike victims

PAGBO playing major

Pole in saluting boxing

great Elisha Ohed



The Pan American _ establisha
Regine BAISS Ranke PONT GUARD et oe fone
Champions the Westminster Geno Bullard, : is playing a major role in salut oF and
Diplomats proved themselves eteand entre : ing the career of boxing great praise to
to be more than good sports- Rashad Morely —: Fiicha Obed ‘the ath-
men as they donated several present Pastors 1.""Th¢ organisation is headed letes of
boxes of water and other neces- Rick Dean and Beers lit ae
a ; Se Andreu Won .; by sp ia personality ; e
sities to.the Hurricane Ike vic d g : Fred St Caribb
f wihicakes ot ; Fred Sturrup. aribbean
tims yesterday. A waterandother Another Bahamian, Richard who at
The players were joined by se : Demeritte is the treasurer. great dis-
the female Diplomats and coach besessttles for ! President Sturrup informed advan-
Geno Bullard, Sr. in giving the Se : the Tribune Sportson Wednes- tages,
items to the Missions Team nS BS Meee: : day that Obedisone ofanum- haveman- [@
from Family of Faith Ministries INSEE SCORN «eet of sports giants from around aged to isola
International who be distribut- ais eee the region who have been. match up

ing the items on islands affected
by the storm. Associate Pastor
Andrew Wong and Senior Pas-
tor Rick Dean lauded the stu-
dents for their kind gesture and
told them they are learning at a
young age that giving so gener-
ously affects lives they will nev-
er know.

They added that they were
especially grateful for the water
asso many communities are still
in need of fresh water.

"We are so fortunate to be in
New Providence and protected
by other islands during these
storms and hurricanes," said

- Coach Bullard. "But in that for-
tune we have become a bit

insensitive to realising how

much these people lose in a
matter of hours. We also want-
ed to help those in athletic pro-
grammes who may not be able



to pursue their sports because of
the rebuilding effort. After
speaking with Family of Faith
Ministries, I think we will be
looking to assist even greater
and even attempt a trip there
to show our support."

"It's one thing when we just
focus on competition and being
our best in sports, but it's anoth-
er thing for us to focus on being
socially conscious and civic
minded because we are a part of
a wider community," noted
player Kenesha Small.

“Our coach reminds us to

look out for each other all the
time and I think by giving these
small items to people who have
worked hard and lost everything
we are proving that-we do care
about others. A lot of times
people say ‘just keep the less
fortunate in our prayers’ but we
are here today to show that we
are keeping them in our prayers
but we are also doing something
about it. A little bit can go a
long way if we all give a little.”

"We are the reigning BAISS
Champions but we don't want
to be known for simply basket-



QW, p°V(™5®©<8§9? §—Bh—~NDKFD}l. "| _

ball," added varsity, centre

Rashad Morley. "We want'to
be known for being young men
and women who care about
more than sports and who care
for people in general. What you
see us giving today is not some-
thing one person decided on.
It's something we all felt oblig-
ated to do. We are fortunate
enough to attend a top-rate pri-
vate school and be on the best
basketball team in the Bahamas
but we are ‘also fortunate
enough to give to those who are
less fortunate than us."




before Obed
: Jamaica,” the PACBO Presi-

: Riis Aww

selected as nominees and will
be attending the inaugural
Caribbean Awards Sports Icons
Banquet in New Kingston,

: Jamaica, November 7.

“We are one of the regional
associates of the CASI Foun-

dation and it is with lots of pride

that our organisation steps for-

! ward to work towards putting
: the spotlight on some outstand-

ing native sons and daughters
of the Caribbean.

“PACBO undertook to
ensure that Obed is in atten-

dance. Also, a special supple-

ment saluting Obed’s status as

‘one of the Caribbean’s sports
: icons has been produced by

PACBO and will be published
leaves for

dent informed.
CASI is the brainchild of

Jamaican-born Al Hamilton
: who lives in London.

“It has been a dream of

Hamilton for a long time to

very well with peers from the
big and powerful countries of
the world,” said Sturrup.

With the birth of CASI, the
achievements of the
Caribbean’s sports legends will
live on. It is intended that the
CASI Banquet becomes an
annual event.

Sturrup and the former world’

‘champion and Obed’s brother-

in-law Eric Hynes are sched-
uled to depart November 6 for
the Caribbean sports extrava-
ganza. Obed won the North
American Boxing Federation
junior middleweight champi-
onship in January of/1975. Then,
in November of that year he
took on the tough Spaniard
Miguel de Oliveira, and stopped
him in round 11 to capture the
World Boxing Council junior
middleweight crown.

He successfully defended the
title twice before losing it to
Eckherd Dagge of Germany in
1976.





Lightbourn and Chaplin set
to go head-to-head in Pune

FROM page 15

: 200 breast. From track and field, Kenneth Wallace-Whitfield
: completed the Bahamas’ two-member participation as he ran
in the preliminaries of the men’s 800.
: Running out of the last of three heats, Wallace-Whitfield came
: in fifth in a time of 2:01.02. Kenya’s Raphael Olekei took the vic-
: tory in 1:53.33.
i While Wallace-Whitfield failed to advance to the final, fin-
: ishing 15th overall, Olekei qualified with the sixth fastest time: His
: team-mate David Mutinda was the fastest qualifier in 1:51.84.
: In the final, Windy Cylof Jonas of the Republic of South
: Africa took the gold in 1:50.72 with the silver going to Daniel
: Lagamang of Botswana in 1:52.51. Mutinda (1:52.22) edged out
i Olekei (1:52.27) for the bronze.
The games, in which the Bahamas was represented for the
first time in boxing, tennis, swimming and track and field, will
come to a close on Bans .

WW hh’ ,:n;;_y;rv>P[iw WQ WW "7FE.E=ES 2nd



Sunshine Insurance presents
$2,500 cheque to BAAA

FROM page 15

: between the Sunshine group of companies and the BAAAs. In
: 2000 Sunshine Holdings spearheaded a national fundraising ini-
: tiative to Support Team Bahamas through the Fund for Olympic
: Gold, as the team prepared for competition in Sydney, Aus-
: tralia. Sunshine Insurance donated $10,000 to the BAAAs for
: final training of track and field athletes for the 2008 Beijing
: Olympics.

i Mr. Franklyn Wilson, Chairman of Sunshine Holdings, con-
: gratulated the members of Team Bahamas on their accom-
i plishments and assured them of his company’s continued support.



FROM (l-r standing) are Tim
Thompson, Geo Rolle, Shawn
Kemp, Andrew Kemp, Robert
Carron and Leon McPhee.
From (/-r kneeling) are Con-
nor Albury, Andrew Bodie,
Kevin Salabie and Duran
Beadle.

The tournament was used to assist the

. selection process for the national team
scheduled to compete in the World Cup
qualifier in New Providence October 25-

BAILLOU won the Rugby Sevens
Tournament undefeated over the week-
end by beating the Buccaneers, Cuckoos
and Freeport Clubs.

The team then went on to beat the Buc- 26.
caneers in the semifinal and they finally
shut out Freeport — four tries to none for
the championship.

The Bahamas’ team will play against
the US, Canada, Mexico and the best in
the Caribbean.

_SOURORILURALTIL LLL OLLI

















w. ee over two 55 gallon drums
that were laying side-by-side.
month’s time, in addition to skat-

eo both forward and backward, he was

fing out elaborate patterns on
ground and became reputed as one,

of the fanciest roller skaters “out east”.

is said that the only difference ~

between men and boys is the size and

cost of their toys and naturally, “Nine”

as the first among his.

contemporaries to own an automo-

bile. He also developed a reputation as

excellent fisherman, casting his

bait from the docks and rocks on

Montague Beach and in the lake

hind that historic hotel.

He was an exceptional pool shooter,

-_ which proved to be a good source for |

“pocket money” and no one in the area

who was in their right mind would chal-

skates but thad eg maintaining hig _ lenge him to a game of pool. ,
balance and fell repeatedly. This was He honed his tennis skills by playing
more than I had bargained for — not with the father/son team of Percy and

y only did I “earn” 6 that b t Anthony Munnings and not many
fen : iM ” ge would recall his athletic prowess but I

Jentercanment ie wel can remember attending the Track &

This rental agreement was in effect Field meets at St. aoe
for several Augustine’s College with him.

days afterwards and “Nine” ot pro- While the meet was in progress,
srensvely better. ee “Nine” would stage his own high jump

Within a matter of two weeks, not competition on the side line, daring |
only | was he able to successfully negoti- fs persons to jump against him and quite

ate Pinder Hill ‘on n Kemp Road, but he often he, wearing street clothes, would
_ jump higher than the athletes in the

_ Please allow m

ends from our pre
tarted when *

















official competition. -

~~ On weekends, we would stage our
own track meets in the sand at Mon-
tague and again, “ “Nine* would be the
one to beat.

Employment opportunities sent me
to Grand Bahama and while working at
the Jack Tar in West End, my friend
“Nine” would come and visit. On one
occasion, he had been playing on the
Tennis Court for two days and created

~ such an impression with both the Man-

agement and guests that he was offered
the job as the Resident Pro. .
As impressive as the offer was, he

simply said, “Man, I can’t stay in Grand —

Bahama!” As his good fortune would -
have it, he went back to Nassau and
almost immediately took up the sport
‘of golf and the rest, they say, is history.

Donald “Nine” Rolle became a trail-
blazer for Bahamian professional.
golfers and even tried to get me to play
the game but I simply did not have that
kind of patience.

On a subsequent trip to Grand
Bahama, I made the mistake of sug-
gesting that he give up the sport of golf,
but in a very dignified way, as he pre-
sented me with my first set of clubs as a
gift, he politely said, “It’s too late now,
I’m heavily into golf.”

This sport afforded him the opportu-
nity to travel extensively, both in com-

petition and as a Goodwill Ambassador,

DONALD ‘NINE’ ROLLE

~ for his county.

In addition to the sport of golf, per- \
haps his second love was politics. Here
again he was fiercely loyal to what he
strongly believed and lent his support
to whatever cause that his political affil-
iation demanded of him. He truly had a

~ heart of gold and was a true, genuine

friend in every sense of the word.
“Nine™ came to Freeport two months
before his demise to attend a party and.

‘would not rest or be at ease until my

wife, Anne and [ arrived. He
pulled me aside into our own little
corner as we reminisced about old
_ times and the fact that I decided to
make Grand Bahama my home. He
declared his intention to make a trip
to Cuba upon his return to Nassau and

we can resume our talks when he got

back to The Bahamas.

I drove him back to his hotel and my
wife and I walked him to his room.

We all said “Good Night” but five
short days later, someone told me that
my lifelong friend, Donald “Nine™
Rolle had ‘passed away.

“Nine” was a colourful character who
was Cull of life ~ he did not merely exist,
he LIVED. I will miss my friend great-
ly. Thanks for all of those good memo-
ries: Rest In Peace.

Your true friend:
F. GEORGE “PECAS” CURTIS



THE TRIBUNE



NPBA set to
kick off new
season with
celebrity game

@ By BRENT STUBBS
Senior Sports Reporter
bstubbs @tribunemedia.net

AS a part of the ‘Sports
Heritage Week’ starting
from October 20-25, the :
New Providence Basketball :
Association will hold a
celebrity game and officially }
kick off its 2008/9 season at. :
the Kendal Isaacs Gymnasi-
um.

And during the opening
night festivities on Friday,
October 24, the NPBA will
honour the three basketball
players in a Hall of Fame
basketball game between the
Kentucky Colonels and the
Beck’s Cougars.

Winston ‘Tappy’ Davis,
Sterling ‘Robert Lloyd’
Quant and Fred ‘Papa’
Smith will all be among 15
persons inducted in the Class
of 2008 National Hall of
Fame.

The ceremony for the
inductees will take place on
Saturday, October 25 at the
British Colonial Hilton Hotel.

Joining Davis, Quant and
Smith are Winston ‘Gus’
Cooper, William ‘Yama
Bahama’ Butler, Thomas
‘the Bird’ Grant, Churchill
Tener Knowles, Dr. Bernard
Nottage, Edison ‘Ambry’
Armbrister, Betty Kelly
Kenning, Hubert Wong and

_the late Captain Rolly ‘the
Grand Master’ Gray, Hen-
ry Crawford, Peter ‘Pa B’
Bethell and Delroy ‘Roy’
Armbrister.

Gray, Crawford, Bethell
and Armbrister will be hon-
oured posthumously.

The National Hall of
Fame is being organised by
the Ministry of Youth,
Sports and Culture and will
be held under the patronage
of Governor General Arthur
Hanna. Ire.

NPBA president Keith
‘Belzee’ Smith said the Her-
itage Sports Week should be
a great one, but they are
even more enthused about
the opering of the basket-
ball season.

The of ning game at 7
p.m. will be a rematch of last
year’s final between the
champions Commonwealth
Bank Giants and runners-up
Electro Telecom ‘Cybots.

The feature contest will be
a rematch of an age-old
rivalry between the Ken-
tucky Colonels and the
Beck’s Cougars. Quant and
Smith starred significantly
for the Colonels and
Cougars respectively.

“Both organisations know
and they are excited to
play,” said Smith, who was a
part of the Colonels, who
had the most famed rivalry
in sports in the country.

As for the NPBA season,
Smith said it’s shaping up to
be even more competitive
than it was last year with at
least eight teams expected
to participate.

“These are some tough
economic times, so you can’t
force these guys,” said Smith
about trying to get more
teams to sign up. “We know
where the sponsors lie, so we
will go with what we have.”

Smith, however, said they
are still waiting to hear from
the Harbour Island Brilands
who participated in the
league. The Brilands came
to town to play and teams
from New Providence trav-
eled to Harbour Island to
play.

The College of the
Bahamas Caribs may also be
returning and the Royal
Bahamas Defense Force are
‘considering becoming a part
of the league as well.

“The major sponsors are
back in the league, but there
are still on the bubble
because of the financial con-
straints that some of the
companies are facing,” Smith
pointed out.

“But we will welcome
whoever decide to come.”






FRIDAY, OCTOBER 17,

Lightbourn and Chaplin.

2008



feet annus

to go head-to-head in Pune

m@ By BRENT STUBBS
Senior Sports Reporter
_ bstubbs @tribunemedia.net

ONE day after she won the
first heat for the Bahamas,
McKayla Lightbourn fell just
short of getting into the final in

'* the two events she competed in

yesterday at the IIJ Common-
wealth Youth Games.

Lightbourn, one of the three
swimmers on the Bahamas’ 11-
member team in Pune, India,
came in ninth in the women’s
200 medley preliminaries in two
minutes and 27.99 seconds.

The eighth and final qualifier
for the final was Megan
Gilchrist of Scotland in 2:26.26.
The top qualifier in 2:20.84 was
Helena Thornton of England,
who won heat three that Light-
bourn competed in.

Lightbourn, third in her heat, -

did splits of 32.08 in her first 50

butterfly, 37.85 for 1:09.93 in:

the 50 backstroke, 43.57 for
1:53.50 in the 50 breaststroke
and 34.49 in the 50 freestyle.

In the final, Thornton cap- .

Wallace-Whitfield

fails to advance

tured the gold in a games record
time of 2:20.84. The silver went
to Kacey Pilgrim of Australia
in 2:23.09 with her team-mate
Jessica Legge taking the bronze
in 2:20.07.

Almost as impressive as her
200 IM, Lightbourn fell short
as well of getting into the final
of the women’s 200 back when
she touched the wall third in
2:29.53 for 10th overall.

Lightbourn did splits of 34.34
in the first 50, 37.10 for 1:11.44
at the 100 mark, 38.50 for
1:49.94 at 150 and 39.59 in the
final 50.

Katherine Venters of Eng-
land won the heat in 2:19.69 for
the second fastest qualifying
time. The fastest qualifier was
Georgia Davies of Wales in
2:19.58.

man

Venters went on to win the
gold in a games record time of
2:15.06, followed by Chelsey
Wilson of Nigeria with the silver
in 2:16.31 and the bronze went
to Bridgette Taylor of Australia
in 2:16.38.

Davies had to settle for fourth
in 2:16.72.

Also in the pool, Jenna Chap-
lin was fifth in the last of three

_ heats in the women’s 100 fly in

1:06.88 for 12th place overall.
She did splits of 31.59 and 35.29.

Jemma Lowe of Wales won
the heat in the fastest qualifying
time of 1:00.78 for a new games
record.

Lowe came back in the final
and lowered her record to 59.73
for the gold, holding off Amy
Smith of Australia with the sil-
ver in 59.78. The bronze went to

Sunshine Insurance presents
$2,500 cheque to BAAA

Renovated Studio Condos For Sale

Coriparing Bahamian ath-
letes’ ability to compete and
excel on a global platform to
Sunshine’s philosophy of being
a local company with global
reach that provides profession-
al, seamless service, Brian
Moodie, President of Sunshine
Insurance (Agents & Brokers)
Ltd. presented a $2,500 cheque
to Mike Sands, President of The
Bahamas Association of Ath-
letic Associations (BAAAs) to
assist with the ongoing training
of Team Bahamas. The pre-
sentation was made on Tues-
day, October 14 when BAAA
executives and Team Bahamas
members: Leevan Sands, Jack-
ie Edwards, Christine Amertil,
Tamika Clarke, and Devon
Mullings paid a courtesy call on
Sunshine Insurance to express
thanks for the company’s finan-
cial support during the recent
Beijing Olympics.

This latest donation further
strengthens the relationship

SEE page 14

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Jessica Ash of Australia in
1:00.42.

And John Bradley got sec-
ond in the second of five heats
in the men’s 100 free in 58.72.
for 26th place. Bermuda’s Julian
Fletcher won the heat in 58.15,
but he ended up just ahead of
Bradley in 25th place.

India’s Dhaval Khade was the
fastest qualifier in a games
record of 50.65. Vir came back
in the final and lowered the
time to 49.47 for the gold. The
silver went to Aussie’s Thomas
Barrett in 50.66 and his team-
mate Ryan Napoleon got the
bronze in 51.05.

Today, only the two female
swimmers will be in action as
the competition wind down for
the Bahamas.

Chaplin (lane one) and Light-
bourn (lane two) will go head-
to-head in the first of two heats .
in the women’s 200 fly and
Lightbourn will come back to
compete in lane three in the
first of two heats in the women’s

SEE page 14 .

McKayla Lightbourn

Jenna Shaan







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PEOPLE ’S. NEWSPAPER e THE PEOPLE ’S NEW SPAPE



THE TRIBUNE

t
&
X
.



FRIDAY, OCTOBER ea 2008

Eee Multi-million dollar fae:

over hotel’s

aa terminal urged for Nassau

closure



* Bahamas Ferries executive says company needs

@ By CARA BRENNEN-
BETHEL purpose-built facility to match experience provided
Tribune Business "
Reporter by new vessel and service



Uncertainty last night sur- * Potter’s Cay terminal would cost $3.5m-$4m, with ” See pert
rounded the short-term status :
of the RIU Paradise Island Malcolm Park and Ar awak ‘Cay other Op tions Two key Freeport-based marinas and the Grand Bahama Yacht
Club have been placed into - at least temporary - court-appointed

of Tourism and Department receivership due to a dispute over the repayment of loans worth $23-

‘a

seat Nan ood Department. * $450,000 Harbour Island upgrades set to start

of Labour still attempting to
determine whether the prop-
erty was due to close for sev-
eral months for renovations.
Tribune Business yesterday
spo e to a number of persons
in the hotel industry, who all

said that because RIU Par- .

adise Island did not belong to
any Bahamian hotel industry
affiliation, it was difficult to
ascertain exactly what was
happening.

‘Resort staff told this news-
paper they were unable to
comment on the situation
when contacted yesterday,
referring Tribune Business to
the general manager, who was
‘not on property.

RIV, which is an all-inclu-
sive resort owned by the Span-
ish hotel chain of the same
name, is not a member of the

Bahamas Hotel Association .

or the Bahamas Hotel
Employers Association...
Nor are its 400 staff repre-
sented by the Bahamas Hotel,
Catering and Allied Workers
Union.
Sources from within those

organisations said they had

heard the RIU Paradise Island
was to close for several
months - possibly until the
Christmas/New Year holiday
period - to undergo renova-
tions.

Yet all were unclear as to
how long any closure would
last for, the scope of works
and what would happen to the
resort’s employees during that
time.

The D partment of Labour
said it could not issue any
statements regarding the RIU,
and it is understood that
tourism officials are also seek-
ing to meet with the property’s
executives to determine the
situation.

Any closure would, even
temporary, would be a blow
to the several hundred
employees, who would be
deprived of critical tipped
income in the run-up to the
expensive Christmas season.

SEE page 5B

m@ By NEIL HARTNELL
_ Tribune Business Editor

A senior Bahamas Ferries executive yester-
day called on the Government to assist the
company in its development of a purpose-built
ferry terminal which, if built at its current Pot-
ter’s Cay base, would cost between $3.5-$4 mil-
lion and enable its facilities to match service and

vessel quality.

_ Khaalis Rolle, Bahamas Ferries’ chief mar-
keting officer, told Tribune Business that with
its new Bo Hengy II vessel due to arrive in the
Bahamas at the end of October, and then begin

SEE page 4B

_ BISX viewing global stock
market crash ‘as opportunity’

* Exchange has strategy to facilitate listing and trading
of government debt securities before year-end

, | By NEIL HARTNELL
Tribune Business Editor

The Bahamas International

Securities Exchange (BISX) -

views the current global stock
market meltdown “as an oppor-
tunity” to capitalise on its juris-
dictional independence and
transparency and leverage its
international expansion plans,
its chief executive said yester-
day. °

With the exchange having
unveiled its BISX GLOBAL

joint venture earlier this year,

Keith Davies said the Bahami-

_ans stock exchange was “posi-

tioning ourselves” to capitalise
on the current situation once

calm returned to global stock |
- markets.

“We see at BISX, from an
international standpoint, this as
an opportunity,” Mr Davies said

‘of the current equities market

meltdown.

“We are going to be leverag-
ing the fact that institutions are
going to be looking for a juris-
diction free from the US, and

looking for a jurisdiction that is

visibly transparent.”
Investors across the world -

Resort land deal
is ‘terminated’

US public company unable to file
results because of wait for Rum
Cay iesort developer’s financials



@ By NEIL HARTNELL
Tribune Business Editor

A proposed boutique resort
development for San Salvador
is unlikely to proceed, at least
for the moment, after the ven-
dors of the 550-acre site ear-
marked for the project with-

_ drew from the land transac-
tion, Tribune Business has |

been told.

John Mittens, a major
shareholder in Montana Land
Resources, which was propos-
ing the small boutique resort
and spa project, said he and
his fellow investors “may go
back” to the deal once his
main resort development on
Rum Cay was sorted out.

SEE page 5B .

\

Bo Hengy II

from Wall Street in the US to

the City of London in thé UK, /

Europe and Asia - were “railing
against the lack of regulation
and transparency” that had con-
tributed to the mess in the glob-
al financial system and, by
extension, the stock market and
economy.

“We are planning,’ > Mr
Davies told Tribune Business.
“We have redistributed some
of our efforts on the interna-
tional front to see where there
are possibilities and the Way we
ought to go.

SEE page 6B





























for a better life |

$24 million that were advanced to their owner, Tribune Business can

reveal.

An October 7, 2008, court order by Justice Estelle Gray-Evans has
appointed former PLP Senator Philip Galanis, an accountant with
the HLB Galanis Bain firm, as the receiver for assets owned by Scan-
dinavian investor Preben Olsen and his New Hope'Holdings company.

These assets include the Port Lucaya Marina, Grand Bahama Yacht
Club Marina and Grand Bahama Yacht Club, plus some 20 parcels of
land owned in freehold by New Hope Holdings that are mainly situated
in the Lucayan Marina and Bell Channel areas. Another 10 parcels of
land that have been leased to New Hope Holdings are also covered by

‘ the receivership order.

The order stipulates that Mr Galanis is to manage and preserve
New Hope’s assets until at least October 23, 2008. That is the date when
it is understood that attorneys representing Mr Olsen and New Hope
are likely to appear before the Supreme Court and attempt to overturn
both the receivership and the injunction that froze New Hope’s assets.

Until then, Mr Galanis is ordered “to collect, get in and receive
the rents and profits of the businesses and undertakings of New Hope
Holdings, now carried on at Grand Bahama Yacht Club Marina,
Grand Bahama Yacht Club and Port Lucaya Marina, and also to
manage and work the said businesses and undertakings”.

The receiver is obligated to keep the two marinas and the Yacht Club
open during their “lawfully pe ed” hours of business, plus pay
their staff due wages and salarie: all bills from the likes of suppli-
ers and utilities that come due.

Tribune Business previously exclusively revealed that Mr Olsen’s
main financial backer. T.G.. Investments, had been seeking a court-
appointed receiver for the New Hope properties, alleging that the
Scandinavian investor had defaulted on repaying loans worth $23-
$24 million.

Attorneys Maurice Glinton and Arnold Forbes, acting for American
investor Tony Gonzalez, the man behind T.G. Investments, obtained
a Mareva Injunction to freeze the assets of Mr Olsen and New Hope
Holdings...

They are alleging T.G. Investments lent $23-$24 million, secured by
two promissory notes, to Mr Olsen and New Hope Holdings to finance
the acquisition of the Port Lucaya Marina and associated properties; but
this has not been repaid. They are also claiming the company financed
other obligations of New Hope Holdings.

Yet this newspaper understands that Mr Olsen and his own attorneys
are likely to vigorously contest both the default allegations and any
attempts by Mr Gonzalez to have a court-appointed receiver take
control of New Hope Holdings’ Grand Bahama-based assets.

Mr Olsen’s representatives will probably seek to overturn the injunc-
tion at the earliest possible opportunity, especially since it was obtained
at a hearing where they were not present.

In addition, Tribune Business understands that Mr Olsen’s side is
alleging that responsibility for any loan repayment default lies square-
ly with Mr Gonzalez. They are claiming that he failed to live up to sev-
eral obligations, one of which was to provide New Hope Holdings

SEE page 4B

FG FINANCIAL

PENSIONS & INVESTMENTS






taal atiraet the cream of the crop han
[= keep present employees happy |
Coc} palit staff retirement mss “ 1)








\l of A es



PAGE 2B, FRIDAY, OCTOBER 17, 2008

"THE TRIBUNE





Legal Notice

Notice

INTERNATIONAL BUSINESS COMPANIES ACT
(In Voluntary Liquidation)

Notice is hereby given that in accordance with Section 138(4)
of the International Business Companies Act, (No.45 of 2000),
CASSEL CORPORATION. is in dissolution. David J. Rounce
is the Liquidator and can be contacted at 132, Yorshire Street,
Nassau, Bahamas. All persons having claims against the above-
named company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before 10th
November, 2008

David J. Rounce
_ Liquidator



The Ambassador of
ro tew Nila lel |
Embassy, Nassau

is presently considering applications
for the following position:

CHEF

This position is open to candidates with the
following qualifications: .

A high school diploma is required.
Training at the Hotel Training College or
equivalent training in the culinary arts.
Three years experience as a Chef.

Personal Attributes:
- Must be able to work shifts and weekends.

- Must be flexible, a quick learner and
adaptable to change.

Applicants must be Bahamian citizens or
USS. citizens who are eligible for employment
‘,under Bahamian laws and regulations.

Please submit resume and three references
via e-mail fernanderra@state.gov
addressed to the Human Resources Office
no later than Friday, October 24, 2008. .

Telephone calls will not be accepted in
reference to this advertisement.



HONDA

The Power of Dreams

Honda Odyssey Honda CR-V

Minister maintains 3,000
home goal still on target

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter



The Ministry of Housing is on target to
build 3,000 low-cost homes before the end
of the Government’s first term in office,
the minister responsible saying yesterday
that it will be focusing on quality homes.
The Ministry has already awarded 36 con-
tracts for 131 homes.

While Kenneth Russell acknowledged

' criticism that he did not build “one single

house” during his first year in office, he
said there was another side to the story
which was not told.

“On coming to office we met the Depart-
ment of Housing owing the Bahamas Mort-
gage Corporation $24 million, and approx-
imately $10 million was owed to contractors,
land owners and service providers,” Mr
Russell said.

He added that some 70 houses were fin-
ished but unoccupied because of a lack of
infrastructure, and LOO persons in homes
with no conveyances and no mortgages, as
well as no legal permission to be in the
homes. Mr Russell said there were a huge
number of deficiencies and defects with the
homes built over the past five years, before
the FNM assumed office.

Mr Russell told the weekly meeting of
the West Nassau Rotary Club that he had
those problems to deal with as his first
course of action.

“The problems encountered ranged from
serious floor failures to minor roof leaks,

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.





Visit our Honda Showroom on Shirley Street
328-2285

Fax: 323-7272 www.hondabahamas.com



NCIS



and we spent much time and money cor-
recting this and we are still not done,” Mr
Russell said.

He added that to date 198 homes have
been repaired out of the 273 homes
approved for repairs, and there are 154
homes not yet assessed for repairs but which

will need them. The repairs have cost the
Ministry of Housing in excess of $1.7 mil-
lion.

Mr Russell said the Ministry of Housing
was able to obtain a $5 million loan to repay

some of the outstanding debt, but still owes.,

$5 million. 2
He said that of the $75 million worth of

Mortgage Corporation bonds approved by:

the House of Assembly for the housing pro-
gramme,they had converted $15 million to

ready cash just two weeks ago and the hous-.

ing programme has officially restarted.

Mr Russell said that to date, “35 homes
have been started in Adrastra Gardens,
which is the new name for Prepall Tract,
with 12 contractors. In Pride Estates 3, we
have started 61 homes with 17 contractors.
The first home in Pride Estates was com-
pleted the day after we got access to’ the
$15 million, and so we were in there for
the first three months.

“In Spring City, Abaco, we have 35 hous-
es under construction with seven contrac-
tors, for a total of 131 houses and 36 con-
tractors.” .

Mr Russell added that the Ministry of
Housing had recently signed a roads con-
tract for a subdivision of 10-homes in San
Salvador, which was built with no infra-
structure.

The minister said they were trying to
spread the business as wide as they can due
to the economic woes, and said this will go
a long way in helping Bahamians in these
difficult economic times.

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PICTURED (LEFT TO RIGHT) ARE: TANYA HANNA (deputy chairper-

son/director), Anita Bain (treasurer/director), C. Dianne Bingham (chair-

person/director), Morganna Thurston (STEP/GAM Foundation Scholarship

Recipient 2008), Ricardo Taylor (STEP/GAM Foundation Scholarship

Recipient 2008), Paul Bailey (client director, GAM), Karen Haven (secre-
~ tary/director ), Cecil Ferguson (director), Nicole Pratt (director ).

The Society of Trust and
Estates Practitioners (STEP)
Bahamas branch joined forces
with GAM to honour two schol-
arship recipients.

lunch for the STEP Bahamas
branch took place at the British
Colonial Hilton and was attend-
ed by 60 members.

Paul Bailey, GAM’s client
director, gave a presentation
entitled A Trustee’s Guide to
Hedge Funds.

Mr Bailey provided STEP
Bahamas members with an
overview of the different types
of hedge funds, and the issues

Mr Bailey presented the
GAM & STEP Bahamas Annu-
al Scholarships.

The two organisations pro-

to two deserving individuals to
pursue the STEP Foundation
course, an introduction to the
STEP Diploma qualification.



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.






The annual GAM-sponsored |

for trustees when using hedge.
funds in a trust's portfolio. — ,:

vide two scholarships annually.

~~



THE TRIBUNE

~ Bank unveils

Commonwealth Bank yes-
terday bucked the economic
gloom by unveiling a 7.6 per
cent net income increase to $38
million for the first nine
months in 2008, its chairman
attributing the results to “pru-
dent management” that has
kept total impaired loans to
just 1.4 per cent of the total
portfolio.

T.B. Donaldson said total
assets had topped $1.25 billion





aM DYovnFU eRe)

at the September 30, 2008, .

a

quarter-end, with net income
up from $35.4 million for the
same period last year.

Commonwealth Bank’s
assets stood at $1.25 billion,
with cash and liquid assets
standing at $218 million, up
$26.5 million from December
2007 levels.

Capital ratios remained well
above regulatory requirements,
with total equity exceeding
$212 million, up $11 million
since December 2007.



“Our principles of safety and
soundness underlie our pru-
dent management of the bank.
Thus our conservative policy
of consumer loan write-offs,
and aggressive provisioning
policies, results in a strong bal-
ance Sheet,” said Mr Donald-
son.

“The strength is reflected not
only in loan loss provisions
over 150 per cent of impaired
loans, but the total impaired
loans at 1.4 per cent of the loan

: Banks await mortgage
_ assistance proposals

-@ By CARA BRENNEN-
BETHEL .
Tribune Business
Reporter —

The Clearing Banks Asso-
ciation (CBA) yesterday said
it was eagerly awaiting further
details of the Prime Minis-
’ ter’s proposal to assist strug-
gling homeowners with their
mortgage payments.

- Luis Ochoa, the Associa- .

tion’s president and Citibank

country manager, told Tribune

Business that while the banks

did not feel they were in crisis

mode, they welcomed any

assistance that can be given to
. their customers.

“Basically, we have seen a
slight change and deteriora-
tion in the amount of fore-
closures and delinquent pay-





















PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, EROL BONNEFIN of
| #102 East Street, intend to change my name to EROL

SIMONVIL. If there are any objections to this change
of name by. Deed Poll, you may write such objections
| to the Chief Passport Officer, PO.Box N-742, Nassau,
Bahamas no later than thirty
| the publication of this notice.



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

ments because of what has
been happening, but I think
all the banks would agree that
we have not reached the point
that we are experiencing a cri-
sis,” Mr Ochoa.

Still, he said the Association
welcomed any proactive mea-
sures the Government would
take to assist Bahamians and
keep the economy going dur-
ing this period.

Mr Ochoa said commercial
banks have not yet been noti-

fied by their regulators, the: —

Central Bank of the Bahamas

and the’ Ministry of Finance,

about the details of the mort-
gage assistance programme,
but said they were looking for-
ward to learning about it.
Michael Munnings, a Sco-
tiabank (Bahamas)
spokesman, said in a state-



(30) days after the date of



ment: “In these challenging
times, such aid or financial
relief to consumers would help
to reduce their discomfort of
not being able to service debt
repayments in a timely man-
ner, or at all.”

He added that in recent
months, borrowers have beén
experiencing challenges with
loan repayments.

“We continue to work with
- and encourage - our cus-
tomers and prospects to: care-
fully assess their spending
habits, focus on cost cutting
measures, and avoid expendi-
ture on nonessential items in
this time,” Mr Munnings said.

“To this end, we continue
to promote savings-in our
external marketing messages
in order to encourage all con-
sumers to make every effort
to establish regular savings
habits as a part of their normal
budgeting routine. It's such
savings that provides a finan-
cial cushion to help soften the
impact that such times can
have on consumers and their
households.”

In a statement yesterday,
Royal Bank of Canada said
that given the recent volatility

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.

of financial markets in the
USand throughout the global -
economy, it wanted to reas-
sure Bahamian clients of its
financial stability.
“RBC Royal Bank of Cana-
da and RBC FINCO in the

Caribbean consist of a strong

network of branches and sub-
sidiaries throughout the region
and are a key part of Canada’s
largest bank, RBC.

Canada's banking system
has been recently rated num-
ber one for safety and sound- .

ness in a global competitive- .

ness report by World Eco-
nomic Forum,” Royal Bank
said.

The bank said that Royal
Bank's capital ratios and
senior debt ratings were
among the highest globallyin
the banking sector, and it was
maintaining a proactive
approach to risk management.

This includes stringent cred-
it reviews, approval, limit and
monitoring processes, as well
as practices that limit expo-
sure to any single name and
any single sector.

FRIDAY, OCTOBER 17, 2008, PAGE 3B

% profit rise to $38m.

portfolio is well below the
industry average.”

Following a three-for-one
stock split late last year, Com-
monwealth Bank’s stock yes-
terday stood at $7.37 a share.

Mr Donaldson noted that
while Commonwealth Bank
has no exposure in US markets
stricken by the sub-prime
mortgage crisis, “the resulting
impact on the US economy will
continue to challenge our
tourism industry and econom-

ic activity in the Bahamas.

“Despite these tough times
the bank surpassed the third
quarter results of the prior
year, when the economy wasa .
lot stronger. As we look
towards the end of the year we
are optimistic about our 2008
performance. As always, we
have to thank our dedicated
and loyal employees whose
noble efforts allow us to serve
our customers in the way that.
they deserve.”






Notice is hereby given of the loss of Bahamas Government
Registered Stock Certificate as follows:

Maturity
Date Amount
25/04/08 $5,000.00

Interest

_Stock — Rate __ Certificate No.
2007-2011, 6.37500%

42-04]

2ment certificate.

lintend to reque

SAN SAL

Rc
f"

s

mA

SUGAR LOAF

Guest Organizer

Our success depends on your success, Our ability to accomplish
what we set out to do is based primarily on the people we hire-we
call each other “Organizers” We are always focused on our people.
We provide opportunities to develop your skills, further your career
and achieve your goals.

At San Salvador Funtimes, you'll find a commitment to excellence
among our organizers; an emphasis on respect in how we treat our
guest and each other; and a dedication to social responsibility.

We look for people who are adaptive self-motivated, passionate,
creative team players, able to speak and write in French, Italian
and Spanish, If that sounds like you why not bring your talent and
skills to Funtimes? We are growing in dynamic new ways and we
recognize that the right people, offering their ideas and expertise,
will enable us to continue our success.

San Salvador Funtimes is a service provider of Excursion to
CLUB MED, Columbus Isle, San Salvador Bahamas.

Contact: email: everettejackson@hotmail.com



PUBLIC AUCTION

“SATURDAY, OCTOBER I 8TH, 2008

By Order of

‘The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of The Bahamas

L G. STUBBS WILL SELL

WHAT: Fifteen (15) assorted used vehicles as set out in the
schedule below: :
. A leading jewellery retailer is seeking a person for this senior position. 2003 Dodge Caravan - 2000 Toyota Coaster Bus
1996 Ford Explorer 2004 Toyota Coaster Buss
Store Man le Tg 1997 Dodge Stratus 2002 Kitchen Van Trailer
; ; ; 2001 Hyundai H-1 Van 2002 Hyundai H-1 Van
The successful candidates will be responsible for ensuring sales and profits are y y ;
optimized through excellent customer service and proper frainténanee oF inventory 2001 Kia 12 Seaters Bus 1997 Toyota Van (Hiace)
controls according to established company procedures. 2000 Ford Ranger Truck 20006 Hyundai H-1 Van
: 2003 Toyota Coaster Bus (gold/silver)

The ideal candidate should possess: 1978 L800 Ford Boom Truck

1989 Chevy Caprice Hearse
Integrity, Energetic motivational skills and Assertiveness
LOCATION: Police Training College Grounds - Internal Securities Division,

A minimum of 5 years management experience in the jewellery,watch and Oakes Field ,

luxury goods sectors

TIME: 11:00am - Saturday, October 18th, 2008 - Preview and Inspection
from 9:00am Until Auction time at the site.

Strong knowledge of luxury watches, buying, merchandising, selling
-and repairs.

Ability to manage, train and motivate staff.
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.

. ‘ An eye for detail.

Good educational background. Professional Sees (GIA or
u

equivalent) or suitable work experience wo e an asset.
Proven skills in inventory management, merchandising, marketing
and training

Ability to prepare basic accounts, budgets and assist with
-external audits. — Any and all Notices or amendments by Auctioneer on said Auction Day

ae to prepare, maintain, and update operating manuals and whether written or verbal shall supercede this or any subsequent advertisement.
proc ures.

trong knowledge of computers and administration. For further information contact I. G. Stubbs at 322-2028 or

Ability to prepare matters for senior management and lead Fax: 328-8086 or Email: igstubbs@coralwave.com
discussions. or
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com
LG. STUBBS

The position offers an excellent remuneration and benefits package.
Interested person should submit your resume to:

The Human Resources Manager
O. Box N-623
Nassau, Bahamas
Fax (242) 328-4211



PUBLIC AUCTIONEER - LICENSE #0360



PAGE 4B, FRIDAY, OCTOBER 17, 2008

THE TRIBUNE



VACANCY
FOR A GENERAL MANAGER
WATER & SEWERAGE CORP ORATION

' Under the direction of the Board of Directoy, this position is charged wih the general
‘| management and coordination of all aspectsof the Water and Severage Corporation’s’

| administrative and technical affairs; ensusethat the business of the Corporation is
my conducted on a sound, realisticbasis in accardance with legislation, regulations aa

| policies
Core responsibilities include:

‘Planning and directing the maintenance and development of both business and
_ Operational activities in order to maximizecost savings and growth in line with
- overall business strateges.
Taking action tw procure, maintain and inprove physical assets of the Corporation
including premises, and equipment to standards appropriate for the business
undertakan.

: Developing and muintaining effative operating systems and eee requied
to attain maximum utilizaton for computer technology.

Serving external customers, focusingefforts on discovering and meeting their
needs,

Contribution to he. development of sound busiriess straegies which creates value

for the business.






ROEM,

The job requires wide experience in adninistration, financial acounting and project
management. Must seek opportunities to helptaff develop their skills whilst improving
performance in current role, facilitating pases or full realisation of potatial.

PUBL TROL ELIAS AEA TIE IELL MY OO AS

The job holder must be a strategic leadercapable of orchestrating and leding major
cultural change efforts aimed at substaially improving the use and poductivity of
human asets. Must be a strong advocate ofthe participative management phibsophy
and be capable of poviding strategic leadeship in the corporat-wide transition from
“top-down” management to “employee empowered” processes.

Educational Requirements and Experience

We seek a seasoned Business Executive with a minimum of 10 years senior management
experience with a degree in Business or Engicering; togeher with an MBA, MPA or
Professional Accounting qualification.

LENORE ENE LIT EDI BLY IE ARTE ENGEL IA PLES

We offer a highly competitive base salary abng with attractive fringe benefits package.

PETAR,

Candidates with productive ma:agement experience and a proven ability to set and meet
corporate objectives should said resume and salary requirenents sealed and nurked
private an d confidential to:

se

Chairman
_ Water & S ewerage Corporation
P.O. Box N-3905
Nassau, Bahamas

POPUL LI YRDAI RON SERIE EIT

“On or before 24" October, 2008

Multi-million dollar fe



terminal urged for Nassau

FROM page 1B

servicing the Nassau-Harbour Island-Governor’s
Harbour route by early November, it was vital that
the entrance to Potter’s Cay and terminal matched

the vessel’s quality. Emphasising that Bahamas Fer-
ries was not looking for any financial assistance
from the Government, Mr Rolle said: “We’re going
to put people on a vessel far superior than anything
seen on this side of the world for a long time.

“But there is a huge discrepancy in access and,

location, and the facilities, and the quality of the
vessel and the service we provide. We renew our call
for the Government to give us the flexibility to pro-
vide a proper ferry terminal, either at Potter’s Cay or
some other similar location.” :

He added: “We’re not asking government for any
funding; we'll fund it ourselves, like any good cor-
porate citizen. Our facilities do not represent who we
are, and customers are complaining about it on a dai-
ly basis.”

Essentially, Bahamas Ferries has outgrown its
existing embarkation and departure terminal on
Potter’s Cay and needs to either expand it or devel-
op an alternative site. Also among the company’s
“several concerns” is the unregulated, congested
and sometimes chaotic road entrance on to Potter’s
Cay, which is lined with parked cars and conch stalls.

Mr Rolle explained that with the arrival of the
300-seat Bo Hengy II imminent, Bahamas Ferries
had almost reached the point where “the law of
diminishing returns” kicked in, as it was “beyond the
upper limits of what we can provide”. Potter’s Cay
was simply unable to accommodate any more vessels
or business. Mr Rolle said there were several poten-
tial sites that could accommodate a brand-new, pur-
pose-built ferry terminal in Nassau and provide
tourists and Bahamians alike with an experience to
match their voyage on the Bo Hengy II.

“Ideally, we think Malcolm Park is an option,
Arawak Cay is an option, Potter’s Cay is an option,”
Mr Rolle said. “It [Potter’s Cay] is the least pre-
ferred option for us right now. We have very little

control of the entrance outside the space we occupy.
We want the ability to put a proper terminal there.”

Mr Rolle said that if Potter’s Cay ended up being
the ferry terminal site, it would require a $3.5-$4 mil-
lion investment “which is easily fundable”. Arawak
Cay and Malcolm Park would both require greater
investment as they were sites with nothing there.

_ “I don’t think it will be a deal breaker for us,
what the cost will be,” he added. “For this industry
to grow, there are fundamental requirements, and
one is adequate space, adequate facilities, which
will be consistent with customer needs and what
our business is.”

Meanwhile, Bahamas Ferries is investing around
$450,000 in improvements to the existing docking
facility in Harbour Island to accommodate the Bo
Hengy II. “We’ve gotten the approval to go ahead
and start the dredging, which is the main part. of
the work to provide access to the dock,” Mr Rolle
said. “That is our primary focus right now.

“The vessel is on its way now, and should be in
Mexico very shortly. Then it’s a short trip over from
Vera Cruz in Mexico, where our crew will get on
board.”

The Bo Hengy II will arrive in the Bahamas in the
last week in October, and likely begin service in
early to mid-November 2008, giving the company
time to complete the Harbour Island dredging and
pile laying. Upgrades to bathroom facilities are also
included, with the dredging set to start “within the
next week or so”

“The boat will ‘have to sit there for a while,” Mr
Rolle said of the Bo Hengy II. “We’re already run-
ning way behind schedule and are over-budget.”

When asked what passengers could expect from
the Bo Hengy II, Mr Rolle said: “They can expect an
experience unlike anything they have seen in trans-
portation, and marine transportation, in this part
of the world for a while.”

He added that the vessel’s facilities would be sim-
ilar to those found on cruise ships, with a Voyager
lounge on the upper deck for first-class passengers,
featuring satellite TV and leather seats on the daily
trip to Harbour Island.

Key Freeport marinas in court receivership

FROM page 1B

with $12 million in working capi-
tal - over and above the initial
purchase price - to fund its oper-
ations.

This, Mr Olsen is alleging, nev-
er happened, and without that
capital New Hope ended up
defaulting. Essentially, the core
allegation in their arguments rests
on the claim that any responsi-
bility for the loan default lies with
Mr Gonzalez himself.

Mr Olsen and New Hope

Tribune Business also under-
stands that another issue in dis-
pute is whether Mr Gonzalez was
ever a shareholder in New Hope
and the Grand Bahama projects.
Mr Gonzalez and his team are
arguing that he never was, while
Mr Olsen’s attorneys are alleg-
ing just the opposite.

The legal dispute, which has
the potential to run for many
months, risks inflicting further
damage on Grand Bahama’s
already battered economy. It has
yet to recover from the 2004 hur-
ricane season and subsequent

That continuing battle, coupled
with the fall-out from the global
credit crunch and economic
downturn, has negatively impact-
ed proposed projects for Grand
Bahama, such as Morgan Stan-
ley’s Barbary Beach develop-
ment, the Raven Group project
and others.

The island’s already-faltering
economy now seems set to be hit
even harder by the effects from
the latest Wall Street meltdown,
meaning that the battle over New
Hope ‘Holdings’ assets, which
could possibly tie them up for

Holdings are being represented.
by Brian Simms, head of litiga-
tion at Lennox Paton, and
Matthew Paton.

internal ownership feud at the
Grand Bahama Port Authority
(GBPA).

Freeport and Grand Bahama
need just now.

ms

NOTICE

a NOTICE is hereby given that NATASHA TELSON
of He ; of BAHAMA AVE., P.O. BOX N-10326, NASSAU,

a 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
10TH day of OCTOBER 2008 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,

Bahamas.

TOYOTA

Legal Notice

Notice

SHALE SHIPPING LTD.
(In Voluntary Liquidation)

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the
undersigned at Ocean Centre, Montagu Foreshore, East |
Bay Street, P.O. Box N-3247, Nassau, Bahamas as_ sole
Liquidator on or before the 31st day of October, 2008. In.
default thereof they will be excluded from the benefit of ay
distribution made by the Liquidator.

Dated the 15th day of October, 2008

LYNDEN MAYCOCK
LIQUIDATOR



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SHALE SHIPPING LTD.

NOTICE IS HEREBY GIVEN as follows:

SHALE SHIPPING LTD. is in dissolution under the
provisions of the International Business Companies Act

2000.

The dissolution of the said Company commenced
on the 15th October 2008 when its Articles of
Dissolution were submitted to and registered by the

Registrar General.

The Liquidator of the said Company is Lynden D.

Maycock of Ocean Centre, Montagu Foreshore,
ene patel comer East Bay Street, Nassau, Bahamas as sole Liquidator.
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Dated the 15th day of October, 2008.

H & J Corporate Services Ltd.

Registered Agent
for the above-named Company







ET a Se
Resort land deal is ‘terminated’

FROM page 1B

“The vendors have changed '

their minds,” Mr Mittens told
Tribune Business on the San
Salvador land purchase.

“We were making what we
considered to be the right
progress, and they terminat-
ed the transaction.... We had.a
transaction in place, [deposit]
payments were made, We
asked for some flexibility
because of the [global eco-
nomic] situation, which they
were not willing to do.”

Mr Mittens then said the
vendors told him that they had
been approached by other
parties offering a higher price
than Montana Land
Resources. |

Mr Mittens is the principal
in Montana Holdings, a sepa-
rate company from Montana
Land Resources, which is
attempting to develop the

$700 million Rum Cay Resort .

Marina and purchasing that
island’s existing Sumner Point
Marina.

The Rum Cay project, like
many other similar mixed-use

resort developments in the.

Bahamas, has been impacted
by the global credit/liquidity
crunch.

This has caused debt financ-
ing for these projects to all but

dry up and, together with the
US and European economic
downturn, means mixed-use
resort projects have also been
starved of revenues and cash
flow generated by real estate
and lot pre-sales.

“Because of the current sit-
uation, we have to hold that in
the bottom drawer,” Mr Mit-
tens told Tribune Business of
the proposed San Salvador
project.

“Let’s sort Rum Cay out |

_ and then we may go back to
that.”
Apart nom the environ-



“Management is doing what it can to
expedite the completion of Montana
Holdings audited financial statements,
and expect to file its audited financial
statements for fiscal 2007 and fiscal
2008 in the near future.”

-mentally-friendly boutique Bay Peninsula on the island

resort and spa, Mr Mittens
and his partners in Montana
Land Resources, which has
now been renamed New Eng-
land Land Resources, were
also planning to construct a

low-density residential com- -

ponent and small, commercial
marina for resort clients in the
ecologically-sensitive Pigeon
Creek area.

Filings. submitted to the
Securities & Exchange Com-
mission (SEC) by Integrated
Data Corporation, a 20 per

. cent shareholder in Montana

Holdings after making a $13
million investment, indicated
that New England Land
Resources had paid a $1 mil-
lion deposit on the San Sal-
vador land.

In its latest SEC filing, sub-

mitted before the transaction .

was. ended, Integrated Data
Corporation said: “Continu-
ing with our land and resort
investment strategy and with a
desire to diversify our hold-
ings, on July 30, 2007 we
entered into an agreement
with Montana’ Land
Resources to provide it with
an ongoing loan facility of up
to $4 million convertible at
our sole option pro rata into
up to a 20 per cent equity
interest in the company.
“Montana Land Resources,
which has since changed its
name to New England Land
Resources (NELR), holds a
purchase agreement for Snow

of San Salvador in the
Bahamas through its wholly-
owned subsidiary, Columbus
Island Ltd, and is a partial
owner and operator of Sumn-
er Point Marina on Rum Cay.

“NELR holds an option to

buy out its partner in Sumner

Point Marina and to acquire

‘ more property surrounding

the marina.’

And Integrated Data Cor-
poration added: “Funding of
NELR continues under the
NELR loan facility, and on
November 27, 2007, the
NELR loan facility agreement

was amended by mutual con-

sent to increase the maximum
loan amount from $4 million
to $7 million and upgrade the
associated convertibility terms
from a pro rata 20 per cent
equity interest to a pro rata
60 per cent equity interest.

“The current loan balance
under this loan facility as of
August 1, 2008, including
interest, is approximately
$6.996 million.”

Meanwhile, Integrated Data
Corporation earlier this month
announced that it was late in
filing its audited financial
results for 2007 and 2008 with
the US stock markets and the
SEC due to delays in obtain-
ing audited statements from
Montana Holdings.

_ It said: “Integrated Data
Corp is awaiting audited
financial statements from an
affiliate, Montana Holdings,

‘Uncertainty over hotel’s
short-term ‘ ‘closure’

FROM page 1B

It is quite possible that with occupancies and room rates
being relatively low, RIU management has decided to use the
period to carry out much-needed renovations before demand

picks-up again.

The Spanish RIU hotel chain grew from a small family busi-
ness to an expanding international chain.
The company was founded in 1953 with a small hotel in Mal-
-lorca, and now has 103 establishments.
RIU Paradise Island has 379 guestrooms. It was acquired by
the Spanish chain in 2005 from the previous owner, a Houston-
based private equity fund called The Wedge Group.

Legal Notice
NOTICE

_DABE HOLDING.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies. Act,

2000, DABE HOLDING LTD. is in dissolution as

of October 14, 2008.

International Liquidator Services Inc. situated at 35A
Regent Street, PO. Box 1777, Belize City, Belize is the

Liquidator. -

LIQUIDATOR.

Legal Notice
NOTICE

NEW ALASKA LID.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,

2000, NEW ALASKA LTD. is in dissolution as of

October 14, 2008.

International Liquidator Services Inc. situated at 35A
" Regent Street, P.O. Box 1777, Belize City, Belize is the

Liquidator. ~

LIQUIDATOR



TT

in which it owns a 20 per cent
interest.

“Without these indepen-
dently audited financial state-
ments, and given the relative
magnitude of IDC's invest-
ment in Montana Holdings
($13 million), it is highly

_ improbable that the company

can receive an unqualified
opinion letter regarding the
company's financial state-
ments from its independent
auditors.

“Management is doing what
it can to expedite the comple-
tion of Montana Holdings

audited financial statements,

and expects to file its audited
financial statements for fiscal

2007 and fiscal 2008 in the

near future.”

NOTICE is hereby given that NEW HOLDING a :
| COMPANY LIMITED, a company incorporated | «. .
under The Companies Act, has on the 2nd day of |

October, 2008 been placed into receivership by the * ”
Supreme Court upon the Ex-Parte Summons filéd on'}>:

30th September, 2008 and. be advised that’ PHILIP |:.:
GALANIS of HLB Galanis Bain has been appointed a

the Receiver and Manager of the property and assets
the company. ; i



A leading retailer is skit applications for the position of:
POORRBEE EI STENT ACCOUNTANT

REQUIREMENTS |
Applicents should possess

the following:

Experience in the field of Accounting or Bookkeeping
An energetic personality
Strong Interpersonal Skills

Good Organizational

Skills

Computer Litetacy (Microsoft Office Suite)
Willingness to work flexible hours and weekends
Experience i in Payroll prepatation, would be an asset

RESPONSIBILITIES

The successful candidate will be responsible for aneplele preparing ~éhacies,
maintaining general ledger with QuickBooks, Bank reconciliation, payment of salary
maintain and reconcile current payable and receivable listings, oe credit cards a
spteadsheets, resolving accounting queties. . dl

REMUNERATION

We offer in retum an excellent remuneration i eta inclusive of medical and life

insurance.

Intetes

ted persons please forward your resume to:
The Human Resources Managet
P.O. Box N-623. ~
Fax: (242) 322 - 6607

Email: hii@hucarnesaitimited.com

NAD

Nassau Airport

Development Company

Bd



The Nassau Airport Development Company (NAD) is about to embark ona transformation of the
Lynden Pingiing: International Airport in Nassau, The Bahamas.

The design will evoke the spectacular beauty of The Bahamas and the mission of NADi isto 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 reviews? pasa”
_ impending expansion plans. The airport will be expanded | in 3 stages over ar the next 5 years and a
will generally include:

— Stagel
New US Terminal. & Pier 247, 000 sq. ft;
Approximately 1,000,000 sq ft of new Asphalt Apron;
New parking facilities and roadways;

e

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 Acton 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

We look forward to seeing you there.





a Oe eee
BISX viewing global stock market crash ‘as opportunity’

FROM page 1B

“We see some of the move-
ment and things happening in
these jurisdictions that reinforce
our thinking. We want to push
that thinking to the next level
and the BISX GLOBAL mod-
el, which we believe is the right
way to g0.°

The BISX GLOB AL model,

he added,

“was designed to be
independent of jurisdictions”
such as the US, which was expe-
riencing the brunt of the global
stock market fallout.

“We are positioning ourselves
to capitalise and move forward
aggressively once there is a set-
tling of the markets,” Mr Davies
said. “Right now, there’s a con-
fidence issue in the US, and

Legal Notice

NOTICE

MT. HOLLY PLAINES LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 26th day
of September 2008. The Liquidator is Argosa Corp.
Inc., RO. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

HOPE FOUNTAIN LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named

Company is in dissolution, which commenced on the

14th day of October 2008. The. Liquidator is Argosa
~ Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.

(Liquidator)

4) cer

Legal Notice

NOTICE

EXPRESS EQUITY CORPORATION _
(In Voluntary Liquidation)

Notice is hereby given that the above-named’
Company is in dissolution, which commenced on the
10th day of October 2008. The Liquidator is Argosa
‘Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

S2wk-Hi
Abaco Markets



“Securit”

Bahamas Property Fund
Bank of Bahamas

Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings

Commonwealth Bank (S1)

Consolidated Water BDRs

Doctor's Hospital

Famguard
Finco

FirstCaribbean Bank

Focol (S)

Focol Class B Preference

Freeport Concrete

ICD Utilities
J. S. Johnson

Premier Real Estate
BIS LISTED DEBT SECURITIES - (Bonds ade: on a Pe

Securit

1000.00
1000.00
1000.00
1000.00

1000.00
1000.00
1000.00
1000.00
S52wk-Hi 52wk-Low
14.25
6.00
0.20 RND Holdings

29.00 ABDAB
14.00
0.40 RND Holdings

52wk-Low

Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series C) +
Fidelity Bank Note 15 (Series D) +

Symbol
Bahamas Supermarkets
Caribbean Crossings (Pref)

Bahamas Supermarkets

Fund Name

2.20
2.77
8.06
12.00
11.60
5.20
1.00
0.40
8.20
11.00
10.00

Symbol
FBB17
FBB22
FBB13
FBB15

Bid &
14.60
6.00
0.35

Last Sale

6.25
0.40

that’s a time issue. It’s not going
to be solved by money.

“Until that turnaround is”

seen, I’m not in the business of
putting estimates on the time-
line, because right now that’s a
bet.

“Once things settle down, we
will target ‘the institutions and
make headway. We’ve made
good progress so far. We will

be very prudent and very deter-
mined in our approach, and
move forward in a very tem-

-pered and measured way.”

The BISX GLOBAL joint
venture is designed as a busi-
ness origination unit, which will
seek to marry leading invest-
ment houses with cutting-edge
products.

The Bahamian exchange’s

Legal Notice

NOTICE

~ACES HIGH CORP.

(In Voluntary Liquidation)

Notice is hereby given that the above-named.
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

NIEDERBIPP S.A.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
14th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

~-ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

GOLDEN ECLIPSE LTD.

(In Voluntary Liquidation)

Noticeis hereby given that the above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., PO. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



EG CAPITAL

MARKET.
BROKERAGE & ADVISORY SERVICES

‘7. ‘64
0.89
3.49
2.37
14.14
2.85
7.21
2.61
2.77
8.06
12.00
11.60
5.20
1.00
0.40
8.20
11.00
10.00

12,750

T%

Prime + 1.75%

T%

sasioasdedeesueassueiconSunetdaenane taaioaee Prime + 1.75%
Fidelity Over-The-Gounter
Ask $

Colina Over-the-Counter Swouritiog |

38.95
13.80
0.45

NA_V

1.3371 1.2741 Colina Bond Fund 1.3371
3.0250 2.8869 Colina MSI Preferred Fund 3.0250
1.4119 1.3544 Colina Money Market Fund 1.4137
3.7969 3.5388 Fidelity Bahamas G & | Fund 3.6090
12.4456 11.8192 Fidelity Prime Income Fund 12.4456
100.0000 100.0000 ,CFAL Global Bond Fund 100.0000
100.9600 99.9566 CFAL Global Equity Fund 100.9600
41.0000 1.0000 CFAL High Grade Bond Fund 1.0000
§10.5000 9.1958 Fidelity International Investment Fund 9.1958
1.0184 1.0000 _— FG Financial Preferred Income Fund 1.0184
1.0119 1.0000 FG Financial Growth Fund 1.0112
1.0172 1.0000 FG Financial Diversified Fund 1.0172
BISX ALL SHARE INDEX - 1¢ 1,000.00






32wk-Hi - Highest closini

De
DI 4
Breve cs
(5) te
Ht) - stort 6

°
rok Split - Effective Date 7/11/2007

x 3 “TRADE CALL: COLINA 242-602-7010 | FIDELITY 242-350-7764 [FO CAPITAL MARRETS wage

MARKET TERMS.

YIELD - last 12

- Bid $ - Buying ¢
Ask % - Selling pric

- Last traded over-the-counter price





rice

0.55

EPS omMpany'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

40.85
14.80

aa 00
0.55

BISX Listed Mutual Funds
YTD%



Last 12 Month

3.49 4.95
0.81 4.78
2.81 4.21
-4.95 3.62
4.29 5.78
1.01 1.01
-12.42 -12.42
1.84 1.84
1.12 1.12
1.72 1.72

th dividends divided by closing price
1 Colina and Fidelity
of Colina and fidelity





- Trading volume of the prior week

19 October 2017
19 October 2022
30 May 2013
29 May 2015



30-Sep-08
31-Aug-08
19-Sep-08
30-Sep-08
30-Sep-08
31-Dec-0O7
30-Jun-08
31-Dec-O7
30-Sep-08
29-Aug-08

29-Aug-08 ~



SAOGO | CALE



partner in the venture was set to
be a consortium of ‘investment
banks and asset managers,
although those plans may have
been disrupted somewhat by
the stock market upheaval.

When announced, the joint
venture was to combine product
development and investment
specialists around the world .to
use the Bahamas, and employ
BISX as the business/transac-
tion platform.

Mr Davies had been working
on the initiative with David
Philipp, a Bahamian permanent
resident and global financial ser-
vices and investment specialist
of 15 years standing, on devel-
oping BISX GLOBAL.

‘Mr Philipp said global trends
had spurred the joint venture’s
creation, chiefly the demands
for greater regulation and trans-
parency, which were leading

THE TRIBUNE

investors to push for products to
be listed on a well-regulated
exchange.

Meanwhile, Mr Davies said
he and BISX executives were
“laying the groundwork for a
number of other initiatives com-
ing on stream before the end of
the year”, including plans for
the listing and trading of gov-
ernment debt securities on the
exchange.

“Part of the strategy is deal-
ing with the issue of listing and
trading government debt,” Mr
Davies said.

“I’m laying the groundwork
to enable us to address the trad-
ing and listing of government
debt, and that is one of the
things we hope to announce and
talk about before the end of the
year.”

Legal Notice

NOTICE

MEIKLE HOLDINGS INC.

(In Voluntary Liquidation)

Noticeishereby given thatthe above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CALLEREALCO INC.

(In Voluntary, Liquidation)

Noticeis hereby given that the above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., PO. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

ADNIL MANAGEMENT LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
10th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

BLUE OCEAN SPRINGS LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



PINES EAT OE MRE ACAI TST



FRIDAY, OCTOBER 17, 2008, PAGE 7B



BFSB names finalists for its Student Award

Legal Notice

“NOTICE

BARAKI LTD.

| (In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa





Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC. .
(Liquidator)

. \ . Legal Notice
NTRS Wa YA Dominique Gilbert Kemp Colour Garnel Leo
The Bahamas Financial Working Group and the vices industry. “In this NOTICE

Services Board (BFSB) Central Bank of the. regard”, she says, “partic-

has announced the names
of the five finalists for the
annual Financial Services
Student of the Year award,
selected from the 2008
Graduating Class of the

Bahamas.

The focus is on disci-
plines such as economics,
banking and finance, law,
accountancy and computer
information systems.

ular attention is placed on
highlighting the impor-
tance of quality human
resources to the industry,
with initiatives such as the

MOONRIVER INTERNATIONAL

HOLDINGS INC.
(In Voluntary Liquidation)

College of the Bahamas. ae nee ope ae Student Award.”
Inancla entre Focus .
The 2008 FSI Student of oe ts
They are: (FCF) programme seeks 4) Voear will be. Notice is hereby given that the above-named
Kershala Takida Albury to integrate the industry 7 Bisthen. fae : ;
~BBA Accounting with the wider communi-. - announced at BFSB’s FSI Company is in dissolution, which commenced on the

Ryan V.A; Albury - AA
Law & Criminal Justice

Domonique Gilbert —

ty, and its various initia-
tives address issues such as
the challenges impacting

Excellence Awards Ban-
quet on October 25, it also
will announce the Execu-

. BBA Accounting the sustained growth and tive of the Year, Profes-
Sanchina Kemp - BBA development of the indus- aiid ae
Accounting try. sional of the Year, Achiey-

Garnel Leo —- BBA
Computer Information
Systems

The ‘student award is
sponsored in collaboration
with ‘the College of the_,
Bahamas, the ProfessionAl””
Industry Association

BFSB’s chief executive
and executive director,
Wendy Warren, said an
integral part of the FCF’s

. overall objective, was-to,

__attract and maintain qual-
ified professionals in the
Bahamian financial ser-

er of the Year — as well as
the Financial Services
Development and Promo-
tion Award. This year, too,
BFSB will recognise a
Recipient for the Lifetime
Achievement Award.

Dewgard Plaza
Madeira St Palmdale

| or
y and Art

Olde Towne - Sandyport

Tel: (242) - 327 - 8718/9
Email: renascence@coralwave.com

Jill Redgrave BA ( Hons), MRCSLT

Speech and Language Therapist

Specializing in:

+ Speech and Language Therapy - Pre-School and
School Aged Language Delays and Disorders,

Mark Redgrave Msc. BA (Hons|

Psychotherapist / Art Therapist

+ Interpersonal Problems, Depression, Anxiety, Sexual Abuse,

Specializing in

Couple Counseling and Group Therapy, Child and.

Adolescents.

BYE rN Iry

| 1980 with two (2) Volvo Diesel Engine:

14th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

_ARGOSA CORP. INC.
(Liquidator)



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
schedule below:

WHAT:

MAKE/MODEL NAME - LOCATION
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

Potters Cay
Potters Cay
Potters Cay

Coral Harbour -
Arawak Cay
Potters Cay
Owner/Andros
Owner Possession

Der Berry’s
Shabak
Liminos

M.V. Buddy
Miss Quality °
Equality
Lady Kristy

Sweet Charlotte Owner Possession,
Morgan Bluff
Andros

Bradford Marine

Freeport

a

LOCATION: Potters Cay Dock - Nassau, The Bahamas

122’ Single Screw Steel Hull (1960) M.V. Lisa III

TIME: 11:00am - Saturday, October 2sth, 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 L. 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 ,
LG. STUBBS

PUBLIC AUCTIONEER - LICENSE #0360





PAGE 8B, FRIDAY, OCTOBER 17, 2008 THE TRIBUNE






COMIC PAGE

CALVIN & HOBBES

SHEESH, IT'S TWO IN THE CALNIN PROBABLY JUST ATE
MORNING, WHY Do KIDS ALWAYS} | TOO MUCH DESSERT. IF HE'S
FEEL SICK AT TWO IN THE GOING TO GET ME UP AT
THIS HOUR, HE'D BETTER









HONEY, PIPE
DOHN. I'M
TRYING TO










THERE SHE 1S!
COME ON, SNOWFLAKE...
TIME TO GO, HONEY!



Sudoky 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 eaché
3x3 box contains the same number only once. The difficulty
level of the Conceptis Sudoku increases from Monday to}
Sunday ;

LEAVING!












IN THAT CASE, MS. MAGEE.
PERHAPS YOU CAN PROVIDE
SOME ANSWERS 2









AND I WON'T ALLOW

THE LIES OF SOME
YOU RE WRONG, DETECTIVE COLLINS. | MURDERING ADDICT

ALAN COULDN'T HAVE BEEN DEALING] to SULLY THE NAME
DRUGS.” : OF THIS GALLERY.”

BS EPV2WY Hizion Zoor®

wy Jus. DALLYIN IF. COM





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

ELMO, DO YOU EVER DO
HOMEWORK JUST FOR THE
FUN OF IT?




MR. B., OO YOU EVER SORT
THROUGH YOUR BRIEFCASE
WHEN YOU GET HOME
FROM WORK?

COULDN'T
HAVE BEEN ANY
CLEARER





“WHY WOULD ANYBODY GIVE AWAY A PERFECTLY
GOOD PUPPY2”



Difficulty Level * *.



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









HOW COME SANTA CLAUS,
THE EASTER BUNNY AND
THE TOOTH FAIRY ALL DO
THEIR WORK UNDER THE





GO AHEAD, MARVIN...
ASK "GOO GOO’ ANY

BUILDING MY WEB SEARCH
QUESTION THATS

ENGINE FOR BABIES !!



L_ON YOUR MIND

















VIP You PUT NOPE. \T FLEW
A BEE STUNG ANYTHING AWAY BEFORE | ion |
MY FINGER: ON IT 7? I HAVA CHANCE :
G S: i From a game in Warsaw, Poland,
<< - { canna acinl Chess: 8657; 1 GG Tis stops Blacks Ghis and &
1 rom 0 Da S ri +
Ciena: Can F) queen but lacks ready to ren tome Ey 2c ores
Kes KK? YY LF vi eee ee CEE eee i {bx Gat an then
PRESCOT gr CR LGB] ierneit — ceetepmatectren ler
iy 2, Taw PS Leer § more, Black can safely agree to an Kab tones 03 Ove, dC 5 Qxb?. :
AS q AD ee P) HY eS 2 exchange of queens since a king te 3 m
CT EL DOC xe) y and pawn ending would be a dead
drawwith his king blocking the
a pawn's advance. Appearances are
deceptive here, however. It took
White just two precise tums from
the diagram to demonstrate a
totally won position which forced

Y He SAYS (TS NOT FAIR!

WATCHING /





























































26 Recently, 27 Askew. 1
Down: 2 Hilarity, 3 Play safe, 4
Remote, 5 Heads, 6 Staid, 7 Fluke,
12 Yet, 13 Why,.14 Syllabus, 15
Patience, 19 At will, 20 Azure, 21
Smack, 22 Faint.

Suppress, 27 Agate.

Down: 2 Champion, 3 Reveille, 4

Scrape, 5 Bushy, 6 Sloop, 7 Swine, 12
_ Nee, 13 Baa, 14 Stocking, 15

Sunlight, 19 Thrush, 20 Smash, 21
Props, 22 Shore.

COVER OF DARKNESS?




20 Attempt (5)
21° Unduly protracted (7)





Difficulty Level *



Black to resign. For a due, the

move can only fatally weaken his



Bring back to mind
(6)

Cautious (5)
Shabby (5)

9 Stay out of the lime-
light (4,1,4,4)

16

18













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



THE NEIGHBORHOOP WATCH inning idea invoh wal XG
WAS SUPPOZED TO BE re Geena tag cheseniat va oa
4 for a position where a player on the

have to use a little ingenuity to help
him get home safely.

Consider the present deal from a
rubber-bridge game where South
landed in four hearts instead of an
ice-cold three notrump (he was try-
ing to score his 150 honors). West

. started with the K-A of spades, East

signaling with the nine of diamonds

eisis{ai tee
8/3/2|5/4|7|9/6/1|
7/1/4]9/6[8|2/ 3/5)
2|8|1)4/9/5/6|7/3
ee
6|4|9]8|7|3/5/1\2
BEreaar
4/2|5|1/3/917/8/6|
[1/9/8]7/5/6/3/2/ 4]













yt fy own situation. Can you spot White's The HOW many words of four
PY, Target See ane can you eee
Si winner: om e letters shown here
‘ END y O iy Ha el taeeikaleir uses In making a word, each letter
AY Ae > Wh er X the Staunton Memorial opens at words In may be used once only. Rach
es eNO} \ Simpsons in the Strand. The event is must contain the centre letter
poll y: di a rare chance to watch England's top the main and there must be at least one
A] imi LUN pair Michael Adams and Nigel Short hody of nine-letter word. No plurals.
z Zo fo Re in action. Spectator entry is free, and TODAY'S TARGET
VoEO pe. the games are displayed in the bar. Chambers Good 10; very good 15; *
10-14 ©2008 by King Features Syndicate, inc. World rights reserved LEONARD BARDEN ist excellent 19 (or more).
- Century Solution tomorrow.
; SATURDAY'S SOLUTION
ae Dictionary = Scid aide aimed amid amide
(1999 cadi dice dicey dime iced
CRYPTIC PUZZLE eition) -—-dea. IMMDIACYmaia
eats SI Bie
midi mime mimed mimic
Across Down ; t :
1 He leaves his country to 1 Transplanted trees (5) REE Reese Eeee
be protected by another 2 It meant no el || | | | ze eA ra
cae uae ee Pt a
5 It comes straight old gunner (5,2,3,3)
from the horsé’s 3 She’s worshipped eal iy a ze
mouth (5) by a man in the
8 Fixed rule deciding priority gallery (7) , .< ; 3
in a queue? (8,5) 4 Resent having to change Necessity: The Mother of Inventio f
9 The inclusion of two similar one’s name (6)
points produces a titter (5) 5 No, | am wrong, it’s a girl West dealer. on the second spade. West then ar
i i Both sides vulnerable. tinued with the queen of spade
10 Expert required if skull is (5) : a
: : ; NORTH ruffed by South with the ten.
damaged (7) 6 Be fit and agile, perhaps, #109872 At this point, the contract seemad
11. Wrongly push in? It's cor- and tireless (13) ¥753 very easy to make. But when Sout
in hi AJ next cashed the A-K of trumps ard
rect (6) 7 He takes obstacles in his .
: &AKQ East showed out, the previously
12 Presumably he had a good stride (7) WEST EAST promising picture changed drastj-
reason for being late (6) 11 The first head of govern- @AKQI4 . ‘cally. Declarer realized that if he “i R-
: : ¥9842 tinued with the Q-J of trumps, di§-
15 Drain a pipe (7) ment (7) Ww Across Down 2 : :
tise #1064 #K98753 carding a spade from dummy,
17 Just correct (5) 13 Fruit reallocated to Capri ~ 1 Warship's boat (7) 1 Reinvigorate (3,2) 3 : #109642 — would then have no way to score tHe
19 Be acritical MP'in a way? (7) N 5 Audibly (5) OF lil Besount oo eoneseoine trick with the jack $f
Can't be done! (13) 14 Make an effort to reduce 5 . ; : Chun: : ca
: 8 Perversely obstinate (2,5,6) ¥VAKQIJI10 The alternative — a successif
20 Freely traverse the moun- the rent? (6) ou ; #Q2 diamond finesse — seemed high}
tains (5) 16 Practice gives us time (5) > (13) 3 Eternal (7) &J875 ane antes une sn RET
i i 9 Portion (5 4 To last (6 The bidding: given that West had started with the
21 Sign of fever, perhaps, and | 18 We and Ted designed the 2 (5) (6) Seat North. East’ South ‘AcK-OcJ-x of spades and had past
rash (7) . material (5) Wi 10, Retaliatory measure 5 Make sense (3,2) Pass 1¢ .. Pass 294 initially. i
6 Exa ti Pass 2NT Pass 49 But our hero, South, was not bof
| (7) xaggeration (13) Opening lead — king of spades. yesterday, and found a way out of His
Yesterday’s Cryptic Solution Yesterday’s Easy Solution 11 Loathe (6) 7 Detect (7) ; ae difficulties. Faced with the hard redl-
12 Acquire (6) 41. Ardent Some contracts that initially _ ity of the situation, declarer did pl
Across: 1 Score, 8 Scout Law, 9 Across: 1 Shape, 8 Pedestal, 9 appear very easy to play turn out, for the Q-J of trumps, but, on the gst
Salve, 10 Cash down, 11 Spain, 12 Bleak, 10 Hoodwink, 11 Brush, 12 15 Conveyance (7) enthusiast (7) one reason or another, to be much trump, he peceine the ace of dip-
Neb, 16 Collie, 17 Arthur, 18 Eta, 23 Yew, 16 Stifle, 17 Heyday, 18 Tay, ; tougher than was originally antici- monds trom dummy! .
Scale, 24 Marchers, 25 Siege, 26 23 Plain, 24 Zimbabwe, 25 Ebony, YEE) 1a eneele pated, In such cases, declarer may The rest of the play was simple

enough. South next cashed dummy’s
A-K-Q of clubs and then exited with
the jack of diamonds. East won w th
the king, but had to yield the last two
tricks to South’s queen of diamonjls
and jack of clubs.
And so it was that South, by v

good play, made four hearts afd
scored his 150 honors. {

Tomorrow: Unusual defensive play.
©2008 King Features Syndicate Inc.

*










Notice of Sitting for New Providence Port Authority













oN ON EME Qt



GOVERNMENT NOTIC
Ministry Of The Environment
Port Department |

© Charter’



(N-705













~f'o consider Application For Licence Under The Boat Registration B/06/08" Kure Limited “Martin B G
Act Chapter (277) & Commercial Recreational Watercraft Act 2006 P.O, Box N-1019 Mt:
‘ @ Nassau, Bahamas Fibreglass
Notice is hereby given that a meeting of the: New Providence Port Authority Board for vs
New Providence and the Family Islanids-will be held at the Port Administration Building, H
Prince George Wharf on Thursday the 30" October, 2008 at 3:00pm for the purpose of
; granting Licences under The Boat Registration Act Chapter (277) & Commercial ee
7 Recreational Watercraft Act 2006. TRANSEER OF JET JET SKIENEW PROVIDENC 5 On
RS Any Person entitled to and wishing to object to any application should do so at least six REG NO PREVIOUS NEW OWNER ‘CLASS PASS USE
S (6) days before the date of the hearing by submitting his/her’ mbieetign® in writing to the oe OWNER cet aaa celal \ ?
: Board and to the applicant. | oe |
5 NPI S9ATE Adderley Teleford Bain Simeon, D 2 ~ Rental
Persons attending ‘the: meeting on behalf of an applicant must produce written P.O. Box SS-5183 P.O, Box KEEL 115.
authorization at the meeting. ; Nassau, Bahamas Nassau, Bahamas
Applicants for renewals are not required to attend, unless they have received written ~ NP: 163ATE Mephee Keith Campbell Al D- 2 Rental
notification from the New Providence Port Authority Board. ~ Nassau, Bahamas P.O. Box FH-14672 vs
Me, ae . yh Nassau, Bahamas’
The under mentioned persons have applied for grant of licences as specified below :
: . ; NP:621ATW Splash Watersports Reno Watersports © -D 2 Rental
P.O, Box N-7225 P.O. Box SB-51528 ,
Nassau, Bahamas Nassau, Bahamas
COMMERCIAL RECREATIONAL WA SRCRAFT NP:621 ATW Splash Watersports © Reno W alersports dD 2 Rental
NEW OPERATORS LICENCE- NEW PR ‘VIDENCE P.O. Box: N-7225 P.O, Box SB-51528 ; ; ,
b: Nassau, Bahamas Nassau, Pahamas
: NP: 644 ATW | TLV. Watersp. ‘s Bethel Demyeon ,
LICENCE NO. NAME CLASS P.O. Box N-10719 P.O. Box CR-350-D: A ‘Rental
yd Nassau, Bahamas Nassau, Bahamas
NB/110/08 Bethel Robert B. D
P.O. Box CR-55350 NP: 6-46..,W TV Watersports . Bethel Demyeon’ | -D 2 _ Rental’
Nassau,’ Bahamas P.O. Box N-10719 — P.O. Box CR-350 © :
a Nassau, Bahamas Nassau, Bahamas | *
NB/111/08 Cox RomanoW, “D &
~ P.O. Box SS-6863 bd
Nassau, Bahamas
NB/112/08 - Dames Frederick D
: Nassau, Bahamas
‘ me TRANSFER OF OPERATION-NEW PROVIDENCE
- NB/113/08 Deveaux Reno J. D
P.O: Box SB-51'528 < | ; ; |
Nassau, Bahamas) + LICENCE Previous - New Area of APPLICANT CLASS USE
hat Say Way / NO. Area of Operation ; : sags
NB/114/08 Felton Robert L. D Operation 7 \ eee
coh Nassau, Bahamas : a yd can.
_ NB/01/08 Compass Nirvana Sea Thru Adventures D Rental
es ee point. Beach P.Q. Box CB-11325
NB/115/08 ' Gibson Paul D Nassau, Bahamas
General Delivery . ; er
Nassau, Bahamas
NB/116/08 Hanna Roberto A. D
‘ P.O..Box N-9603 2
. Nassau, Bahamas WAL OF BOAT LICK NCE-NEW PROVIDENC
NB/117/08 Sherman Godfrey E. D ot . .
P.O. Box N-3330 REG NO APPLICATION BOAT CLASS PASS USE
Nassau, Bahamas NAME: = a
NB/118/08 Stubbs Sean R. D NP: 6782 Big Crab Limited “Big Crab?” A 6 Tug Boat
P.O. Box 6863 P.O. Box CR-55415 79ft : ‘
Nassau, Bahamas Nassau, Bahamas Steel Hull -
NB/119/08 Saunders Keenan E. dD NP: 6785 Big Scoop Limited “Big Scoop” “A 6. . — Barge
Nassau, Bahamas * _ P.O. Box CR-55415 180 ft
, Nassau, Bahamas ~ Steel Hull
Ree io nh NP: 6784 Big Conch Limited “Big. A. 6 Barge
NEW MASTER’S LICENCE ~NEW PROVIDENCE P.O, Box CR-55415 Conch” reed
ip ates Nassau, Bahamas 261 fi
; Steel Hull
LICENCE NO NAME “CLASS - , :
; , ee Bahamian Inter Island = “M/V East A 80 . Freight
NB/21/08 Brooks Collins B — shipping Co ,Ltd Wind”
P.O. Box 13137 P.O. Box N-323 176 ft
Nassau, Bahamas’ Nassau, Bahamas Steel Hull
_ NB/22/08 Peters Warren C. | B ed
P.O. Box CR-55425: NP: 6765 Betty K. Agencies “M/V Betty Ao. - 0 Freight
Nassau, Bahamas Limited K VI” t
‘ P.O. Box N-35] 204 ft
; Nassau, Bahamas Steel Hull
, a ae : NP: 6764 Betty K. Agencies “M/V Betty : A : ; 0 “Freight |
NEW MASTER’S LICENCE —FAMILY ISLAND Limited K VII” a ,
nt P.O. Box N-351 206 ft
Nassau, Bahamas Steel Hull
LICENCE NO NAME CLASS ~ NP: 6816 Coast Shipline Limited “M/V VI- A 0 Freight
7 P.O. Box SP-64004 Nais”
of NB/05/08 Brown Tracy R. A . Nassau, Bahamas 190 fi
1 - Wemys Bight, Eleuthera Steel Hull
I NB/06/08 Thompson Clement B. A te Pe NP: 2843 Flying Cloud Ltd “Flying B 35 Charter
Wemys Bight, Eleuthera , P.O. Box SS-19052 -Cloud”
: ; Nassau, Bahamas S7It
b Catamaran
: NP: 930 Kerr Marvin “Comtort 8 70 Ferry Boat
: P.O. Box SB-50466 il”
Wl a : Nassau, Bahamas 45th
Ye REG NO APPLICANT BOAT CLASS PASS SE Stapleton
NAME : .
: : ; NP: 6825 Litthe Exuma “Marlin” Ae! 0 * Barge
| =. NB/04/08 Bahamas Tugboat “Lady Hollie” A 3 . Tug Boat Enterprises Ltd 200ft ,
2 > 8
d Company 110 ft P.O. Box CR-S5415 Steel Hull
dg. P.O. Box N-3709 Steel Hull Nassau, Bahamas
0} Nassau, Bahamas : = . ; ;
@ NP: 6824 . Little Exuma “Vega Big A 0 Tug Boat
NB/05/08 Kemp Clint “Lucky Dog” BC. 2 Charter ; Enterprises Ltd Dolphin” ‘
bf P.O.Box CB-13290 18ft mos eit P.O. Box CR-55415 10Stt
Nassau, Bahamas Fibreglass i a Nassau, Bahamas Steel Hull



PAGE 10B, FRIDAY, OCTOBER 17, 2008

NP: 6381

NP:448
NP: 6632
NP: 6620
NP: 739

. NP: 364
NP:6260
NP: 6622 .
NP: 6397

NP: 2416

REG NO.

NP: P.S/4P I

NP: BB] P.I
NP: B.1 P.I

NP: P.S.5 P.I

NP: 26 CRW

“NP: 25 CRW

NP: 24 CRW

NP: 23 CRW

NP: 22 CRW

NP: 21 CRW

NP: 20 CRW

- NP: 19 CRW

NP: 18 CRW

Maycock Etienne
P.O. Box N-10183
Nassau, Bahamas

Michelle Towing
Services

P.O. Box N-3709
Nassau, Bahamas

Michelle Towing

Services
P.O. Box N-3709
Nassau, Bahamas

Michelle Towing
Services .

P.O. Box N-3709
Nassau, Bahamas

Nassau Harbour Pilot
Association

P.O. Box N-3709
Nassau, Bahamas

Nassau Harbour Pilots
Association
P.O. Box N-3709
Nassau, Bahamas

Ro Ro Company
Limited

P.O. Box SB-64004
Nassau, Bahamas

South Eastern Freight
Services
P.O. Box N-10094

Nassau, Bahamas

Taylor Limas & Elvin

P.O. Box SS-6411

Nassau, Bahamas

_Wells Paul

P.O. Box EE-16193
Nassau, Bahamas

APPL.

Nottage Gerran .
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P,O. Box SS-6863
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
- P.O. Box CB-12192 |
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures

P.O. Box CB-12192

Nassau, Bahamas

Sea Thru Adventures.
P.O. Box CB-12192

Nassau, Bahamas

“Captain C”
1208
Steel Hull

“Rosa |”
65ft
Steel Hull

“Tug Tiki” °
58ft
Steel Hull,

“Deep See”

53ft

Steel Hull

“Sea Wolf”
43ft
Steel Hull

“ Pilot IIT”
53ft
Steel Hull

“Sea Spirit —

1”
174K

_ Steel Hull

“KCT”
150% |
Steel Hull —

“M/V Fiesta.

Mail”
225ft
Steel Hull

“Ninja”
20
Fibreglass

BOAT

“Parasail”
28ft
Fibreglass

“Banana
Boat”

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28ft
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Island”
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Senior Desk Head
International Markets & Caribbean

UBS (Bahamas) Ltd. is one of the world's leading financial institutions in the
Caribbean. Through our Business Area Wealth Management International we look
after wealthy private clients by providing them with comprehensive, value enhancing
sérvices. We combine strong personal relationships with the resources that are

TO ull range of wealth management services.
available from across UBS to provide the full rang anagem rhe HahamadRikancial SOe

vices Board (BFSB) held its
Annual General Meeting (AGM)
on September 24, 2008, at which
time members elected a new
Board of Directors for 2008-2010.
Officers will be appointed from
the current slate of directors at
an early meeting of the new
Board.

-Elected were: Shamsher
Bahadur (State Bank of India): -
Mark Barratt (Credit Suisse); Dr
Earl Cash (Higgs & Johnson);
Francesco Ceruti (BSI Trust Cor-
poration (Bahamas) ); Alan
Davidson (Winterbotham Trust
Company); Elizabeth Dorsch
(RBC Trust Company (Bahamas)
); Anthony Ferguson (CFAL);
Craig Tony Gomez (Baker Tilly
Gomez); Miguel Gonzalez (SYZ-
CO Bank & Trust); Dennis Govy-
an (FirstCaribbean Internation-

- al Bank (Bahamas) ); Julien Mar-
tel (Butterfield Private Bank);
Michelle Neville-Clarke (Lennox
Paton); Andrew, Raenden (EFG
Bank & Trust (Bahamas) );
Andreas Rentschler (UBS
Trustees (Bahamas)..); Toby
Smith (GEM Global Equities
Management); Charlene Storr
(The Private Trust Corporation);
Michele Thompson (Ernst &
Young); Renaud Vielfaure (SG
Hambros Bank & Trust); William
Whitaker (Dartley Bank &

Take your chance to work in a dynamic environment!

In this challenging. position you will be responsible for:

Business partner to the CEO

Desk Head International Markets & Caribbean advising existing clients and
acquisition of new client relationships

With the overall responsibly of our Wealth Manapemeht business, you will be
coordinating a team of experienced Senior Desk Heads and Client Advisors

We are searching for an individual with the following qualifications:

¢ Proven leader with successful management experience with large teams in complex
situations © Minimum of 10 years of experience in the Wealth Management /
Private Banking sector
Proven management track record in the Wealth Management industry with
successful experience with managing growth of teams and/or locations
Excellent communication and presentation skills
You benchmark your performance and professional behaviour with the best in the
field
Passionate about success and achievement
Tireless in‘the attainment of key.targets, key objectives and key talent
Efficiency-driven and results-oriented self starter
Leverages and embraces the challenges of a matrix organization
Continues to motivate others in very challenging and difficult circumstances
Ability to proactively lead and make effective decisions under pressure
In depth knowledge of compliance and risk issues
Fluency in English required, French fluency pcterred, Spanish or German a plus

rhs _. Trust); and Judith Whitehead
ham, Th &C -
UBS can offer you an n environment geared towards performance, attractive career Be Se ae ree

Wendy Warren, BFSB’s chief
executive and executive director,
said the organisation was com-
mitted to drawing on all interest-

opportunities, and an. open corporate culture that values and rewards the contribution
of every individual, Touether we will shape and strengtugn the UBS brand.

Interested? We' re looking forward to receiving your senile application under
hrbahamas@ubs.com or via mail to UBS (Bahamas) Ltd.,

Human Resources,

P.O. Box N-7757,

Nassau, Bahamas

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PAGE 12B, FRIDAY, OCTOBER 17, 2008

_BESB elects new
Board of Directors

PICTURED standing, left to right (Front Row):

THE TRIBUNE





William Whitaker, Charlene

Storr, Dr Earl Cash, Toby Smith, Ivylyn Cassar, Wendy Warren, Craig Tony
Gomez, Judith Whitehead and Danny Ferguson. Standing, LtoR trek
Row): Miguel Gonzalez, Dianne Bingham, David Ramire,; Samshe
Bahadur, Francesco Ceruti, Mark Barratt, Renaud Vielfaure, Elizabeth
Dorsch and Andreas Rentschler. Not pictured are Alan Davidson, Antho-
ny Ferguson, Dennis Govan, Julien Martel, Michelle Neville-Clarke, Andry

Raenden:and Michele Thompson.

ed parties in the development of
strategies and long-term plans for
the financial services industry.
The following Industry Asso-
ciation representatives also were
elected to serve for the incoming
2008-2010 term as BFSB Direc-
tors: Jan Mezulanik, Association
of International Banks & Trust
Companies (AIBT); Cherise Cox-
Nottage, Bahamas Association of
Compliance Officers (BACO);
Ivylyn Cassar, Bahamas Associa-
tion of Securities Dealers
(BASD); Wayne Munroe,

October 25.

PEARL INVESTMENT MANAGEMENT and SG Hambros
Bank & Trust have joined forces again to donate the
award for this year's Financial Services Student of the
Year Award. Pictured presenting BFSB programme coor-
dinator Alfreda Gould (left) with their respective contri-
butions are Pearl's Joseph Delancy, vice-president and
chief financialk officer, and Renee Barrow, manager of
human resources at SG Hambros.

The student award is sponsored in collaboration with
the College of the Bahamas, the Professional Industry
Association Working Group and the Central Bank of the
Bahamas. The 2009 Student of the Year will be announced
at the annual Industry Excellence Awards Banquet on

;
Bahamas Bar Association
(BBA); Timothy Ingraham,
Bahamas General insurant
Association (BGIA); Daniel Fer-

. guson, Bahamas Institute of

Chartered Accountants (BICA);
Suzanne Black, Bahamas Real
Estate Association (BREA);
David Ramirez, CFA Society of
the Bahamas (CFASB); and
Dianne Bingham, Society of Trust
and Estate Practitioners (STEP):

_Ms Warren also serves on the
Board. lag does Joy Jibrilu as the
Government’s representative. "|




















GIVE IN

TO TEMPTATION





Full Text


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Key Frett ne

1 gecelyershlP





Multi-million
META ALE)
TUR Es
Banisnsa un

BAHAMAS EDITION

FRIDAY, OCTOBER 17, 2008

Da Ee

BIGGEST!!!

Wa ee
eS
AND REAL ESTATE

CLASSIFIEDS ys

Scandal srompts PLP ®
emergency meeting

Some want Perry
Christie to speak. out
as ‘damage control’

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

HIGH-ranking figures in the
PLP held an emergency meet-
ing yesterday to discuss how
they can deal with the growing
scandal surrounding one of their
most outspoken MPs.

Some have called for leader
Perry Christie to speak out. as

part of a “damage control”

exercise to protect the MP. while
others are holding out, worried
about the extent to which the
scandal could erupt.

Their calls for Mr Christie to
break his silence came after The
Tribune exclusively revealed
that a sitting MP in the PLP was
being questioned by police in
connection with an alleged con-
struction scam involving tens of
millions of dollars allegedly pil-
laged from the government dur-
ing his administration.

“We want Mr Christie to say
something. He has to say some-
thing, because he only looks

OT

weak if he remains quiet about
this,” said an inside source.

Worried PLPs told The Tri-
bune that their major concern is
that yet another political embar-
rassment such as this could
“explode” into the kind of long-
running scandal that could
wreck the party’s chances for
the 2012 election.

Party sources confirmed that
high-ranking members have
asked the MP to direct his two
leading attorneys to issue a
press statement regarding the
matter.

However, the MP’s attorneys .

have advised the former minis-
ter against such a move as he
has not been named in the
growing scandal.

The MP is expected.to be
questioned for at least a week as
investigators want answers on
an estimated 20 matters, includ-
ing the alleged embezzlement
of funds from the National
Emergency Management

SEE page nine

wi armor bow § G as

Lniited Time Ofter, Visuals shawn are representational anty.
porciags ee Coptiso oF hae Pack Pins one per ort. Sessions a0



MS Ta UOT

baat isa ET eeaatesta oases ti]

KENDRICK TAYLOR outside of court yesterday:

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

FREEPORT - A 25-year-old
Freeport man was charged with
murder in Freeport Magistrate’s
Court after being discharged

‘ from hospital.

Kendrick Taylor, of 6
Watkins Lane, was arraigned in

‘Court One before Debbye Fer-

guson in connection with the
stabbing death of 19-year-old
Denardo Arthur, of Caravel
Beach.

Taylor, whose injuries were
visible in the lower part of his
face, was one of three men
stabbed and taken to hospital
following an altercation at Red-
wood Lane this week.



It is alleged that on October
11, at Freeport, Taylor inten-

tionally caused the death of

Arthur by means of unlawful
harm.

According to reports, Arthur
was rushed to hospital on Mon-
day evening following an alter-
cation at Redwood Lane, where
he was involved in a gambling
game.

He later died of his injuries.
His death is the tenth homicide
for the year on Grand Bahama.
_ Taylor was represented by
Carlson Shurland. He was not
required to enter a plea to the
charge.

Magistrate Ferguson
adjourned the matter to Mon-
day, October 20, to obtain a

SEE page nine

Fi ‘aig PS 5 we ro wali 1 W

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KFC employee
suing three |

A KFC employee is suing three

- police officers for unlawful arrest,

detention, and assault and bat-
tery following an armed robbery
at the restaurant in Oakes Field.

Kenson Dean, 27, asutility
worker at Kentucky Fried Chick-
en, was arrested after $9,777 was
stolen from the restaurant, in
addition to $400 cash and jew-
ellery, valued at $500 from an
employee in an armed robbery
on June 29.

Mr Dean claims he was held
up by two masked gunmen while
taking out the trash, but was

~ handcuffed and taken to the Cen-

tral Detective Unit where he
maintains Sgt 1239 Maycock
ordered for the statement he had
given at the restaurant be torn
up, and for officers to charge him
for the robbery. . ~

police officers

Police searched Mr Dean's
home in Robert Street, Faith
Gardens, his passport was confis-
cated, and Mr Dean was detained
at Carmichael Road police sta-
tion, and then at Quackoo Street

. police station the following night,

he claims.

On July 1, Mr Dean maintains
he was taken back to CDU,
where he was to be interviewed
by Sgt Maycock. He alleges that
his attorney's business card was
torn up, and he was assaulted by
officers:

The handcuffed KFC employee
claims that he was ordered to lie
on his stomach, his hands behind
his back, his legs taped with mask-
ing tape, a chair between his legs

SEE page nine

Legendary Bahamian
WWII veteran dies aged 91

@ By MEGAN REYNOLDS
Tribune Staff Reporter

A LEGENDARY Bahamian who fought
in WWI and survived a German prisoner of
war camp died peacefully yesterday at the

age of 91.

Capt Leonard Thompson, a pilot, politi-
.cian and entrepreneur recorded his life expe-
riences in his autobiography “I wanted

wings.’

As a young man Capt Thompson joined }:
‘ the Royal Canadian Air Force, where he
met and married his wife Mary, before he.
joined the Allied forces in Europe as a

bomber pilot at age 24.

Going over and above the call of duty,

Capt Leonard Thompson



Capt Thompson was on his 25th mission when his Halifax bomber was
shot down over Hamburg, Germany on July 28, 1944. There were sev-

SEE page nine

$120 million roadworks to be
carried out in next three years.

@ By LLOYD L ALLEN
Tribune Staff Reporter

MINISTRY of Works officials
yesterday announced that in the
next three years, intense road
works will be carried out on
numerous main roads in New
Providence at a cast of more than
$120 million.

Minister Neko Grant made the
announcement when speaking at
a Bahamas Transportation Work-
shop held at Breezes Resort yes-

terday morning. -

According to the Minister,
“When completed, this road pro-
ject is expected to further
enhance the economic, social
well-being and safety of those
motorists who travel on the roads
of New Providence.”

Minister Grant explained that
the multi-million dollar project,
which was first introduced in
2001, has faced numerous chal-

SEE page nine


t

\GE 2, FRIDAY, OCTOBER 17, 2008

TVS PUT PEGS AY

?

RIBBON
“(BALL

TAKE THE LEAD

Support the 2008 Red Ribbon Ball
and Colinalmperial in its
fundraising efforts for the work of
the AIDS Foundation of The Bahamas
in paediatric AIDS care.

- Colinalmperial.

the AIDS Foundation of The Bahamas

Saturday ‘
November 15, 2008
imperial Ballroom —

Atlantis : Paradise island:

Telephone Queries
Nicole Henderson-Smith
396-2102
Metanie Hutcheson
396+2160

, kerzner’ Areca Foon 8 Buti Sad

GIVENCHY

Seen!

Tim Clarke/Tribune staff

eran

THE TRIBUNE

LOCAL NEWS

“toe ESO Gitanoad 7 k TIC) FR n a —
’ a ‘ wT Re Aor ae : 4

cE mow

BF

Pes

Ministry
finally
addresses
West Bay St
pot holes

MOTORISTS travelling along
West Bay Street have complained
for weeks of dangerous pot holes
in the road.

Yesterday, the Ministry of
Works finally addressed the prob-

~ lem.

Removing the top layer of
asphalt to gain access to the man+
holes buried beneath, workers
completed a list of repairs to the
‘crucial systems that are housed
within.

However, as the holes, which
are estimated of having an aver-
-age depth of up to four inches,

. were located in front of the
Arawak Cay entrance, they
proved to be a significant hazard
for vehicular traffic - especially.
at night and on days when rain
showers caused the pot holes to
flood, making them difficult to
spot.

Some drivers complained that
driving along West Bay Street in
the areas of Arawak Cay was like
navigating a slalom course.

a rn ae Y.
R NIT yy R ‘a
ml Road in the PARKING LOT

OCT 18TH


THE TRIBUNE

FRIDAY, OCTOBER 17, 2008, PAGE 3



ee et leat an altiale week

Student ainited.
to hospital

after fight on
school campus

Family Island’s teachers.

AG asia School students kept their children press time last
Tribune Freeport home from school this week-to protest _ night. j
Reporter the situation. This week, presi-

d k@ The teachers at Fresh Creek Primary dent of the
Mayes School and Central Andros High Bahamas Union of §j

tribunemedia.net

FREEPORT - A 16-
year-old student of St
Georges’ High School
was admitted tothe
Rand Memorial Hospi-
tal after he sustained
facial injuries as a result
of a fight that occurred
on the school’s campus
yesterday.

The Tribune learned
that a mate student was
attacked and beaten in
the face with a brass
knuckle sometime after
3pm yesterday while he
was waiting to be
picked up at the school.

Details were still
sketchy at press time
last night, however,
according to sources
close to the school, the
attacker is believed to
be the son of a police
officer.

The 11th grade stu-
dent was taken to the
Rand Memorial Hospi-
tal, where he is being
detained for observa-
tion.

School administrators
and Ministry of Educa-
tion officials could not
be reached for comment
last night.

Sources claimed that
10 students of St
Georges’ High School
have been taken to hos-
pital so far this year as
a result of fights on
campus. *

A male student-was

~ admitted to hospital just
last month after being
struck in the head with
a wittdow louver by. "aK
another student. .The
student sustained seri-
ous'head injuries.

The source said that
about 100 students have
been expelled or sus-
pended at the school as
a result of on-campus
violence.

September.

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

LOCAL financial experts
yesterday were not surprised at
the International Monetary
Fund's lowered projections for
the Bahamas’ projected growth
for the gross domestic product.

In a revised estimate of the
Bahamas' real GDP, the IMF
projected a growth rate of one
per cent for 2008 and 1.2 per
cent in 2009. The IMF had pre-
viously projected a growth of
four per cent in 2008 and 3.9
per cent in 2009.

Former Minister of State for
Finance James Smith told The
Tribune yesterday that he pre-
dicted the “lean” GDP growth
last year and advised govern-
ment to downgrade its growth
expectations.

While he said the IMF's esti-
mates of one per cent are posi-
tive indicators for the Bahami-
an economy, the growth has to
be achieved along with an eco-
nomic stimulus plan by govern-
ment.

."Estimates of even one per
cent would be good. It means
that it's still in a positive terri-




the next three months to our
tourist (industry).

“We've already seen the high
vacancy rates across the board
on hotels and I think the
tourism minister just
announced his plan, but the
question is at what point is it
going to be implemented: It
certainly won't be implemented
in sufficient time to stop what's
going to happen in the last
quarter," he said yesterday.

Government has announced:
that it will accelerate the imple-
mentation of a capital budget
plan and increase domestic con-
struction and infrastructure to
create more jobs and. pump
money into the economy. How-
ever, Mr Smith questioned
whether these initiatives will be

Three in.courton
firearm, ammunition —
nossession charges

THREE persons were :
arraigned in a Freeport Mag- :
istrate’s Court on Tuesday }
on firearm and ammunition :
possession charges. :

Alpachino Miller, 32, John :
Boyce, 39, and Chrisanne ;:

.Pinder, 26, pleaded not
guilty to possession of an :
unlicensed firearm and :
ammunition charges.

It is alleged that on Octo- }
ber 11, while in Freeport, :
Grand Bahama, the accused :
persons were found in pos- }
session of a firearm with live :
rounds of ammunition. i

Magistrate Debbye Fer- :
guson adjourned the case to }
June 22, 2009. The defen- :
dants were each granted bail
in the sum of $2,000 with
four sureties.

.They were represented by
Laquay Laing. |

COU officers
find handgun
and ammunition

OFFICERS of the Cen-
tral Detective Unit were car-
rying out a search of a pri-
vate residence on Amon
Ferguson Street on Wednes-
day at around 11pm when
they found a 9mm handgun
and 11 live rounds of ammu-
nition for the weapon. Two
brothers, aged 24 and 25,
were taken into police cus-
tody in connection with this
matter.

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MINISTRY of Education officials
yesterday went to Andros to meet with
parents over the controversial issue
concerning the transfer of two of the

Parents of Fresh Creek Primary
School and Central Andros High

School in central Andros were notified
of their transfers before the new school
year, but returned to their classrooms in

High school principal Maxine Forbes
and primary school principal Emily
Miller walked out of the schools last
week, vowing not to return until the
teachers’ obeyed their transfers.

In an attempt to resolve the situa-
tion, representatives of the Ministry of

tory if that plays out, but every-- |
‘thine isteally-going-to depend.”
on what happéns, I guess; over®

Tourism met with
the parents in
Andros yesterday
evening at 6pm.
The outcome of
the meeting was
not known up until

Teachers (BUT)
teachers in Andros.

victimised.”

capitalized in time to stave off
further economic softening by
the end of the year.

State Minister for Finance
Zhivargo Laing said govern-
ment was more conservative in
its predictions for growth than
the IMF initially was. During
the budget exercise in May,
Prime Minister Hubert Ingra-
ham predicted a GDP growth
— the value of all goods and
services produced in a country
— of two per cent for 2008 and
two and a half per cent for
2009.






PORT
11A East Coral Row, deeper, G.B,, Bahamas

Telephone: iia} 373-1115 / (242) 373-1471
Pager; (242) 340-8043 * Fax: (242) 373-3005









Belinda Wilson called on Education
Minister Carl Bethel to immediately
intervene in the situation of the two

She warned the minister that the
union will not sit idly by and allow their
teachers to be “inhumanely treated and

Minister Bethel this week said that
the transfer of the two teachers stands

Pa Resliow Memorial Morluay
) and Cromatovium, Limiled

DEATH NOTICE FOR

Met

resolved.

Minister Laing yesterday out-

lined what the IMF's predic- —

tions meant for the average
Bahamian: "What it means is
that the economic climate is
predicted to be less robust than
originally determined, and so
the whole country has to show
great vigilance, has to be very
prudent in the way we manage
(and) conduct ourselves.

“It means that certainly the
country, to the extent that per-
sons are looking to us as

. prospects for travel, even in this

current climate, we have to be

Robinson and Soldier hae Nesieé N.P., Bahamas
P.O. Box CB-12072

Telephone: (242) 394-8043 / (242) 394-8047

Pager: (242) 340-8043 » Fax: (242) 340-8034

THOMAS
ROBERTS, 64



Ministry of Education did not imme-
diately remove the two teachers who
returned to their classrooms although
the Ministry had transferred them to
other schools.

The parents of pupils at Fresh Creek
Primary School and Central Andros
said they will continue to keep their
children home until the matter is








f Education officials meet |
with parents over Andros teacher row

BUT president Mrs Wilson said in a
press statement that the union finds it
“very surprising” that this matter has
escalated to this point.

“A community meeting was held on
Friday, October 10, 2008, conducted
by Ministry of Education officials dis-
cussing the personal and private affairs
of these teachers. The BUT will (defi-
nitely) not allow our teachers to be
inhumanely treated and victimised.

“If the teachers were insubordinate
as stated by the Acting Director (of
Education Lionel Sands), I challenge
him to provide the documentation and
show where due process was followed.
President of the PTA, and parents, I
admonish you not to deprive your chil-
dren from receiving an education. This
is a matter between the teachers, the
union, and the employer. The teachers |
do not pose a threat to the students,”
she said.

and that they soon
will be moved to
different schools.
However, so far
the two teachers
have remained at
| their respective
schools in Andros.
Parents in
Andros had
planned to travel to
Nassau yesterday
to protest if the



IMF lowers projections for Bahamas GDP

one of the worst the world has
seen since the Great Depres-
sion, making it imperative for
government to wisely use capi-
tal expenditure to create eco-
nomic activity.

as ‘productive, as competitive »
as (we) can be, so that the com-
panies for which we work can at
least be able to survive in this
period."

He added that this period is













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PAGE 4, FRIDAY, OCTOBER 17, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE











The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

_ Published Daily Monday to Saturday

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

Publisher/Editor 1972-

TELEPHONES
Switchboard (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352 :
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THE federal government has decided to use
$250 billion of the $700 billion financial-sector
bailout package to buy equity shares in many of
America’s largest financial institutions, partial-
ly nationalizing the banking industry.

. Treasury Secretary Henry Paulson says buy- -

ing shares in companies like Citigroup, Bank of
America, JP Morgan Chase, Goldman Sachs,
Morgan Stanley and Wells Fargo is necessary in
order to inject liquidity and confidence in the
world financial markets.

The Treasury Department, Paulson says, will
buy up to $25 billion in preferred, non-voting
shares of each of the targeted companies. '

The shares will pay annual dividends of 5
per cent for the first five years and 9 per cent
after that.

The rationale for Washington doing this is is
that it will calm the markets, allow banks to
resume lending, and address the public rela-
tions problem arising from the public’s dislike of
the government’s plan to take bad mortgages off
these companies’ hands at taxpayer expense —
without guaranteeing whether and at what price
they will be resold back into the market.

The government was concerned as well that
if financial-sector share prices continued to
decline or if additional large banks failed, for-
eign governments and private investors would
jump ship and send the dollar into a major tail-
spin.

Meanwhile, the move will reinforce the gov-

ernment’s ability to impose the new rules in.

the bailout package that set caps on senior exec-
‘utive pay, including the elimination of “golden
parachutes” in employment contracts.

The reality is, however, that the governmen-
t’s acquisition of preferred stock in these com-
panies is nothing less than financial sector social-
ism.

While the government may say that it is not
planning to be in the investment business or
determine how the companies are run, the real-
ity will be something totally different.

For example, the bailout bill directs the Trea-
sury Department to write compensation stan-
dards for senior executives to prevent “unnec-
essary and excessive risk” in the management of
their investment portfolios.

But how can Treasury bureaucrats know
what unnecessary and excessive risk is until
they scrutinize the investment strategies and
risk-management aecisions of the executives
in the firms? And how will they know if strate-
gies and decisions are unnecessarily risky with-
out second-guessing everything management
does?

Inevitably the Treasury’s bureaucratic bailout



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teams in the field will become not-so-silent
partners.

But what real world experience will they
have to know what the wisest and most prof-
itable strategies are?

What incentive will they have to get it right,
since they will not be risking their own money,
but the taxpayers’?

Are we really to believe that politics will not
interfere with or dictate decisions?

How long will it take before Congress, Wash-
ington lobbyists, and special interests groups
start influencing, if not determining, what these
companies do and for whose benefit?

By deciding to pour billions of dollars into
selected banks, the government already is “pick-
ing winners” and implicitly saying which com-

' panies can. be “losers” by being allowed to go

down the drain.

Once having picked these winners at tax-
payer expense would the government ever let
them fail and admit that all those taxpayer dol-
lars were for naught?

It is far more likely that Washington would
pour more good money after the bad, or force
a merger with anther government-backed “win-
ner,” or take the company over, with the gov-
ernment going into the banking business.

Wherever government has nationalized an
industry or bought into a “partnership” with
business, the outcome has been expensive for
the taxpayer and for society at large.

The history of nationalized industries around
the world has almost always been one of inef-
ficiency, excessive costs, and operating deficits
that the government had to cover with tax rev-
enues.

Government-business partnerships almost
always end in mismanagement and corruption
as well.

Too often the company stops focusing on the
needs of consumers in the market and instead
focuses on what’s best for its political patrons
and the special interests that support the politi-
cians.

The result is political pandering and plun-

der for privileged graups at everyone else's
expense.

The current economic crisis is serious, but
financial sector socialism is not the proper cure.

(This article is written by Richard M. Ebeling,
a senior research fellow at the American Institute
for Economic Research, Great Barrington,

‘ Mass., and is the Shelby C. Davis Visiting Pro-

fessor in Economics at Trinity College, Hart-
ford, Conn. — c.2008 Hearst Newspapers).




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Is the PLP
still relevant
to ordinary
-Bahamians?

EDITOR, The Tribune.

Patience Smith gave us an
interesting quote from her Uncle
Lou, a Bahamian who worked on
the contract, in a letter to the â„¢di-
tor of The Tribune, published
October 1, 2008, under the cap-
tion; “Christie isn’t shuffling so
much as begging for unity.”

*...1 feel sure Uncle Lou would
laugh in his loud and grumbly
voice. and shout that, ’dis PLP
sure gone down hill from the first
election when they stood for
something besides money, greed
and arrogance.’ And I don’t
believe it’s just‘Uncle Lou who
feels that way.”

No, it’s not just Uncle Lou who
feels that way. Bahamians need to
read and study more and stop
accepting the rhetoric of politi-
cians as the gospel truth. The
written history ofthe PLP would
reveal that this political organi-
sation lost its relevance to ordi-
nary Bahamians within the first
two years of its first term in office.
It has yet to redeem itself.

Majority Rule is a farce, and I
would love the opportunity to
debate any member of the PLP
on this subject, come one come
all, “you can change the laws of
man but you can’t change the
laws of God,” Queen Africa.
From 1968 the goals of the social
revolution has been betrayed and
never attained. Forty years later
pit latrines and street pumps are
still integral facets of inner city
life in The Bahamas. Colonial
laws that were designed to keep
the black majority subservient to

‘the ruling whites remain a part

of our statutes, only serving this
time to keep the black maje ity
subservient to the ruling black
political class, dominated by
lawyers. The people were duped
into replacing a white oligarchy
with a black political class whose
primary objective remains the
perpetuation of the great divide
through the promotion of party
and friends over God and coun-
try.

Yet the PLP and its tunnel
vision followers, would have us
believe that we the people of the
Commonwealth of the Bahamas,
are better off than we were forty
years ago, simply and solely
because we have had a black
majority government in power
since that time. With all due
respect to the legacy of the late
Sir Lynden Oscar Pindling, I beg
to differ.

After 25 consecutive years in
power, and 15 by his protégés -he

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system is no longer relevant to
the needs of national develop-
ment; no legislation has ever been
introduced to give Bahamians
marketable titles to thousands of
acres of prime land in the Out
Islands emanating back to the
colonialists; in 2008 it is still pos-
sible for up to 11 persons to claim
ownership of a single piece of
property; the land of ordinary
Bahamians is being stolen by
some lawyers who appear to be
above the law, with the worst
penalty for stealing by reason of
service being disbarment; in my
opinion it would appar that some
lawyers are benefiting from the
proceeds of crime, abusing the
criminal justice system so as to
allow their clients to get bail on
top of bail. These clients then
continue their criminal activities
to pay huge retainers. Is parlia-
ment continuing to protect rogue
lawyers from the public by disal-
lowing. Bar Council to publicly
reveal the names of those who
have complaints against them?
Corruption and nepotism
throughout the civil service has
become entrenched; it appears to
me that justice has become a
commodity for sale to the highest
bidder and the almost exclusive
right of the cronies, friends and
families of the politically con-
nected; no attempts have been
made in over 40 years to diversi-
fy our economy from the twin pil-
lars erected by the United
Bahamian: Party and the late Sir
Stafford Sands.

Sir Lynden has been the pri-
mary architect of these and many
other injustices, and yet PLPs
continue to accord him dema-
gogue status, and take great
offence to any criticism of his

legacy. The majority still does not
accept that Sir Lynden was just a
man, and as such was the victim
of mistakes, human errors, mis-
trust, bad judgments that contin-
ue to haunt us today, four
decades later.

Sir Lynden’s PLP was, and is,
essentially different from that of
its founders, Taylor, Cartwright
and Stevenson, who “all stood for
something besides money, greed
and arrogance.” Ironically, the |
way out of the present political
dilemma facing ordinary Bahami-
ans is for the PLP to finally revis-
it, with a view to fulfilling, its orig-
inal platform of 1967, something
it has never done.

To achieve this we concur with
John Marquis that the PLP needs
its own Obama, someone who
can relate to the needs and aspi-
rations of young Bahamians;
someone who is prepared to put
God and country before party
and friends; someone who does
not subscribe to the view that
“principles do not put bread on
the table;” someone who has not
been trained by and consequent-
ly feels obligated to perpetuate
the policies of Sir Lynden; some-
one who is prepared to make the
tough decisions required on
behalf of the Bahamian people
to move this country in the right
direction; someone who, perhaps
most importantly, is not a mem-
ber of the local legal fraternity
that has meted out so much frus-
tration, pain and suffering to ordi-
nary Bahamians for over 40 years.

Even more ironic though, if not
pathetic, is the fact that the major-
ity of PLPs would more than like-
ly perceive such a one as not only
a threat to Sir Lynden’s legacy,
but by extension a threat to the
PLP itself, in its present corrupt-
ed state. God please send us a
real political leader, Amen.

LAVADE DARLING
Nassau,
October 11, 2008.

Obama is not out of the woods yet

EDITOR, The Tribune.

The latest USA Today and Fox polls show Senator Barak Obama
with a double digit léad over Senator John McCain nationally, but Oba-
ma is not out of the woods yet. This presidential dog fight could be déja
vu of 1988, given the ties McCain’s campaign manager, Rick Davis, has
with Carl Rove and the late Harvey LeRoy Atwater (universally
known as Lee Atwater). Lee trained Carl and Carl trained Rick.

Twenty years ago Lee Atwater was the Republican National Com-
mittee Chairman and directed the campaign of George Bush Sr, twen-
ty years ago Democratic presidential candidate Governor Michael
Dukakis had a comfortable lead over the Republican candidate,
George Bush Sr, weeks before the election when Mr Dukakis suddenly
became the target of a campaign advertisement about Willie Horton,
a black convicted murderer who escaped from the Massachusetts
prison system while on a weekend furlough and raped a white woman
and:stabbed her husband. The advertisement became a central focus of
the 1988 campaign. We all know the rest is history.

“In 1988, fighting Dukakis, I said that I ‘would strip the bark off the
little bastard’ and ‘make Willie Horton his running mate,’” Mr Atwa-

_ter said in the Life article. Mr Atwater’s deftness at avoiding the per-

tinent issues and skilfulness at the use of race and fear mongering
cannot be understated. Even from the grave he continues to influence
the tone and tenor of the Republican campaign through his disciple,
Rick Davis. The Republican rallies have the feel of an angry lynch mob
as shouts of “terrorist” and “kill him” can be heard coming from
McCain supporters. Rick Davis said that he wants to “turn the page’
from the economy and pursue issues of character. This is just a polit-
ically correct way of saying that the campaign would go negative with
personal attacks and smear by making sixties radical William Ayers and
the Rev Jeremiah Wright Obama’s running mates.

While I appreciate that the economy is foremost on the minds of the
American voters, given history with the 1988 presidential campaign and
the infamous “Bradley” effect, I cannot help but think that Obama is
not out of the woods just yet.

ELCOTT COLEBY

Nassau,
October, 2008.

Tlappy Anniversary
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Revival Team








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THE TRIBUNE

FRIDAY, OCTOBER 17, 2008, PAGE 5



PT AS SNS HN PAN Se

In brief

seebesesavevanccecsneeseenecenceenseseseeceseneeaeeseuenseceeeeg,

Woman airlifted
to Nassau after’

traffic accident

m@ By DENISE MAYCOCK _ :
Tribune Freeport oY
Reporter :
dmaycock@tribunemedia.net

FREEPORT — A 21-year- :
old woman was airlifted from ;
Abaco to Nassau on Tuesday :
after she was seriously injured :
in a traffic accident. i

The woman, a resident of }
New Providence, was struck :

co. :
Jameeal Ferguson, of Eliz-
abeth Estates, was airlifted to }
the Princess Margaret Hospital :
on Tuesday afternoon with }
injuries to the head and back. :
She is in stable condition. i

According to Chief Super- :
intendent Basil Rahming, Ms }
Ferguson was a walking along :
the main road in Cooper’s }
Town at around 8.45pm when :
the traffic accident occurred: :

Mr Rahming said Ms Fer- :
guson was trying to maneuver :
around a large puddle in the :
vicinity of the Government }
Clinic when she was struck by }
a Dodge Truck, registration :
number 8363. i

She sustained a laceration :
to the head and complained of :
back pains. Ms Ferguson was :
assisted into the clinic and:
received medical treatment. :

However, because of the:
serious nature of her injuries, :
she was airlifted to New Prov- :
idence aboard an emergency :

flight at around 12.45am on:

Tuesday.

Mr Rahming said the driver

of the truck told police that he :
was blinded by the bright:
headlights of an oncoming :

vehicle and did not see Ms Fer- i

guson walking in the road.

Abaco Police are investigat-

ing the accident.

Ud

USS
ey aS
PHONE: 322-2157




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
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accepted as cash!

dgwn by a truck while in Aba-

PLP cal

Is for govt oversight

f the GB Power Company

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

FREEPORT -— The PLP on
Grand Bahama is calling for
governmental oversight of the
Grand Bahama Power Com-
pany following the recent
high surge in electricity prices
in Freeport.

In a press release, the PLP
expressed grave concerns
over the “exorbitant” fuel

i . surcharge levied on con-

sumers.

“We think that this matter
is critically large and impor-
tant enough to warrant our
insistence that the govern-
ment of the Bahamas imme-
diately mandate the Public
Utilities Commission (PUC)
with oversight responsibility
for this Grand Bahama pow-
er monopoly.

“To do any less, would be
tantamount to the govern-
ment of the Bahamas (to

‘treat as nonexistent) its

responsibility to protect the
citizenry,” said the PLP.
Constance McDonald,
Patrick Davis, and Melissa
Sears, national co-vice chair-
men of the PLP, said they feel
that consumers in Freeport

‘are being denied consumer

protection with regards to
electricity rates.
“We in the PLP leadership

on Grand Bahama are
extremely concerned about
the effect the high cost of
electricity is having on fami-
lies and business owners here
on our island,” they said.
The PLP said while the
government may _ have
extended a helping hand by
granting a three-month sub-

- sidy of 50 per cent of the fuel
_surcharge to households con-

suming up to, but not exceed-
ing 800 kWh, those persons
whose bills exceed that
amount are having a difficult
time paying their bills

Mandate

The PLP said that the PUC
has informed them that their
mandate excludes oversight
of any utility company oper-
ating with a license issued
under the Hawksbill Creek
Agreement.

The PLP said that “when
the FNM government, during
its 1997-2002 term in office,
legislated into law this gov-
ernment protection agency,
it was clearly stipulated at the
time that Freeport’s utility
companies were off limits to
the agency and that the arm
of this consumer protection
body did not extend to
include oversight of the
Grand Bahama Power Com-

any.”

“We told them at the time,

Sir Milo Butler Highway
is set for extension

@ By LLOYD L ALLEN
Tribune Staff Reporter



and we say to them again,
that this policy was misguid-
ed, to say the least, and that
it could lead to massive
abuse at the expense of con-
sumers.

“Our view is that Bahami-
ans in Freeport and Grand
Bahama need the protection
that this agency provides as
much, or more so than those
living in other parts of our
Commonwealth.

“We insist that it cannot be
that an entity with which the

government enters into an
agreement can under any cir-
cumstance be exempted from
the country’s consumer pro-
tection agency laws.

Protection

“We call on this FNM gov-
ernment to provide us, who
live in Grand Bahama, the
same consumer protection
that is provided to all other
Bahamians living elsewhere
in the country.

ASCE nee mS Net mLn
as Acting Chief Justice of the Bahamas

“We call on them to extend
the powers of the PUC to
include oversight of Grand
Bahama, notwithstanding cer-
tain alleged provisions to the
contrary that might be pro-
vided for under the Hawksbill
Creek Agreement, for natur-
al justice demands no less,”
said the PLP.

The Tribune was unable to
reach any representatives of
the Grand Bahama Power
Company for comment up
until press time last night.

_ FOR many motorists that frequent the Sir Milo Butler Highway

during peek traffic hours, the drive from the round-a-bout on

Tonique Williams Darling Highway to Carmichael Road may take

- as long as 45 minutes.

However, according to Minister for Works and Transport Neko
Grant, this may all change within the next three years.

The minister yesterday announced that a $120 million road
improvement project is scheduled.to commence within the next few
weeks. j

The project provides for upgrades and repairs to several major
thoroughfares, however, the extension of Sir Milo Butler Highway
is one of the most transformative aspects of the plan.

With recent road works advancing the highway from Fire Trail
Road to Carmichael Road, the new phase will extend the road all
they way to Cowpen Road. It is expected that this extension will
assist in reducing traffic congestion which is common in this area.

The ministry’s permanent secretary Anita Bernard said yester-
day, “The New Providence Road Improvement Project is part of the
New Providence transport programme, which is an initiative fund-
ed by 4 loan from the Inter-American Development Bank and
supplemented by government funding.” ,

“This latest government project is designed to improve the phys-
ical road network of New Providence by constructing new roads and
improving existing ones.”

Other roads set for repair include Baillou Hill Road south;
Mackey Street; West Bay Street in the vicinity of Saunders Beach;
Robinson Road, Prince Charles Drive, Bethel Avenue, among
others. -

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SmartChoice
PAGE 6, FRIDAY, OCTOBER 17, 2008

THE TRIBUNE



iv

Patrick Hanna/BIS Photo

SIR Arthur Foulkes was yesterday sworn in by Acting Chief Jus-
tice Anita Allen as Deputy to the Governor-General during the
absence of Governor-General Arthur Hanna.

Rock of Ages Fineval Chapel

Wulff Road & Pinedale
Tel: 323-3800 or 322-1431 ¢ Fax: 328-8852

FUNERAL SERVICE FOR

PREDELUS CHARLES, 53

of West Street and
formerly fo Anse-A-
Foleur, Haiti, will be held
at Bethel Baptist Church,
| Friday, October 17th,
‘2008: .at’-1:00 p.m.
‘Officiating will be Pastor
Jose Etienne, assisted by
Ministers of the gospel.
Interment will follow in
Southern Cemetery.

Left to cherish his
memory are his wife, Theona Altes Charles; son,
Frankie Charles; four brothers, Elysee Remy, Marcel
Derival, Rosny Pierre; two sisters, Josane Olibrice
and Iselande Pierre;.cousins, Ivone, Marie, Liziu,
Dominique, Timote, Jenta and Drielu Charles,
Moncado, Elonize and Tihale Alexi; sisters-in-law,
Nicole, Rosemary, Carmelita, Angela and Milan
Francis; and a host of other relatives and friends
including, Donna Carta, Elicia Maya, Zela, Este
Estime, Elifen Jean and Sinse.

Relatives and friends may pay their last respects at
Rock of Ages Funeral Chapel on Wulff Road and
Pinedale in the Jasper Suite on Thursday from 10
a.m. to 6 p.m. and on Friday at the church from 12:00
p.m. until funeral time.



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FINANCIAL CONTROLLER

The applicant must have a professional accounting
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Must possess a proven record of Team Leadership skills, and able to
work with little or no supervision

¢ Must possess strong interpersonal, communication, problem salving
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Applicants with supporting documents also including a clean Police
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Competitive salary and benefits package are commensurate with experience.

Applicants for Hotel Chief Engineering,
DA#68557
c/o The Tribune
P.O. Box N-3207
Nassau, Bahamas



CARIBBEAN ISLAND PLANS TO SUBMIT DRAFT RESOLUTION TO UN TO EASE BURDEN
Cuba preparing to step up the
pressure on US to lift blockade

@ BY ALEX MISSICK

FOR the eighth consecutive year, Cuba
plans to submit a draft resolution to the Unit-
ed Nations to have the United States lift the
blockade against the island nation.

Speaking with the local media yesterday,
Cuban Ambassador to the Bahamas José Luis
Ponce said that the draft resolution is now
more important than ever following the dev-
astation caused by Hurricanes Ike and Gustav
to the most vulnerable areas of Cuba.

The resolution — entitled “Necessity of End-
ing the Economic, Commercial and Financial
Embargo imposed by the United States of
America against Cuba” — will be presented for
consideration to the United Nations General
Assembly on October 29.

For seven consecutive years Cuba has sub-
mitted this draft to the UN, and last year, 184
member states voted in favour of it, which,
according to Ambassador Ponce, constitutes
almost “unanimous proof” of the interna-
tional community’s rejection of the US gov-
ernment’s policy against Cuba.

“Last year has been marked by a brutal
implementation of the blockade policy of the
United States government against Cuba. Its
tightening has brought about irrational per-
secutions against government entities, enter-
prises, banking institutions and citizens of
third world countries, and even the blocking of
internet sites for alleged links with Cuba,”
the ambassador said.

Ambassador Ponce noted that the blockade
has had a direct impact on the Cuban popu-



Javier Galeano/AP Photo

A MAN gestures as he stands on his roof as
he repairs it from damage caused by hurri-
canes Ike and Gustav in Los Palacios, Cuba,
Saturday, Sept. 20, 2008. Ike and Gustav
caused US$5b. damage to Cuba this month.

lation in a silent, systematic and cumulative
manner.
The direct economic damage of the block-
ade exceeds exceeding $93 billion, he said.
The damage caused to Cuba’s foreign trade
in 2007, he said, was more than $956 million,
-he said. Ambassador Ponce said that last year
alone, damage to the Cuban food sector
exceeded $174 million, while damage to the
public healthcare system was estimated at
more than $25 million. After the natural dis-
asters of this year, 455 tonnes of stored food
were affected, along with 800 tonnes of tobac-
co used to make the world famous cigars.
The ambassador described the impact of
both hurricanes on Cuba as “atomic bombs.”
He noted that the agricultural sector was
also devastated and that the country now has
to look into short-term solutions to be able to

produce new goods for the market by March
of next year. The housing sector also experi-
enced major damage and a quarter of a million
people have been left homeless. Some 63,249
homes were totally destroyed and 444 on the
southern side of Cuba were damaged.

There are also many areas which as of today
are still without electricity.

“The Cuban government has requested the
US authorities to, allow, at least provisionally
for some months, the sale of essential materi-
als such as the materials for roofing, for build-
ing repairs and for materials and for the re-
establishment of electronic networks. -

“It has also been requested, at least tem-
porarily, the suspension of the restrictions
preventing US companies from providing pri- °
vate commercial credits to Cuba for the pur-
chase of foodstuffs in that country,” Ambas-

-sador Ponce said. He explained that Cuba has

not asked the US government to give them
anything for free, but simply to be allow them
to buy what is critical for the recovery of the
country and its people.

“There is no doubt whatsoever that the
blockade is the main hindrance to the reali-
sation of Cuban’s right to development, and
flagrant, massive and systematic violation of
many other human rights of an entire peo-
ple. The Cuban people will never give up the
defence of its revolution and will continue to
advance in the enjoyment of its freedom and
independence. The US government’s anti-
Cuban hostility, its aggressions and blockade
will not be able to prevent it. It is that policy
which is doomed to failure,” he said.

Bahamian ‘Memory of the World’ committee set up

@ By ERIC ROSE
Bahamas Information
Services

IN an effort to preserve the
country’s heritage, a small “Mem-
ory of the World” committee has
been set up in the Bahamas and
consists of local experts in the
field of documentary heritage,
Minister of Education Carl Bethel
announced on Wednesday.

“The national committee plans
to establish a national register,
wilcu would not only help to pre-
serve the heritage for future gen-



ary, 1831, to the 31st of Decem-
ber, 1832,” Minister Bethel said.

“Charles Farquharson’s man-
uscript is unique and proves to
be an invaluable insight into the
daily life of Bahamian Out Island
slave society, on the eve of Eman-
cipation, and is the only slave
plantation journal that has, so far,
been discovered in the Bahamas,”
Mr Bethel said.

Dr Saunders, he said, also col-
laborated with her Caribbean col-
leagues on a regional nomination
for the UNESCO Memory of the
World on Slave Registers to be

Derek Smith/BIS Photo





erations of Bakhamians, but will
also expose Bahamian heritage
to others who have an interest in
such information,” he said.
Mini8ter Bethel was speaking
at the opening ceremony for the

. 9th Meeting of the Memory of

the World Regional Committee
for Latin America and the
Caribbean (MOWLAC), at the
Wyndham Nassau Resort, Cable
Beach.

The Memory of the World
Regional Committee comprises
world-renowned experts from
Latin America and the Caribbean
region, serving on the basis of
their experience, expertise and
achievement in the field of preser-
vation of and access to documen-
tary heritage on the national and
international levels. The small
Bahamian committee is com-

MINISTER of Education Carl Bethel speaks at the opening ceremo-

ny for the 9th Meeting of the Memory of the World Regional Com-
mittee for Latin America and the Caribbean (MOWLAC), at the Wyn-
dham Nassau Resort, Cable Beach. Also pictured (from left) are
Theresa Moxey-Ingraham, chairperson of the Bahamas National
Commission for United Nations Educational, Scientific and Cultural
Organisation (UNESCO); MOWLAC chairman Jaime Antunes; per-
manent secretary and UNESCO culture adviser for communications
and information for the Caribbean Isidro Fernandez-Aballi, and
Director General of Heritage Dr Gail Saunders.

prised of Director of Archives
Elaine Toote, Assistant Director
of Archives Patrice M Williams,
Chief Archivist Sherriley Stra-
chan, head of public library sys-
tem Dorcas Bowler, and Direc-
tor General of Heritage Dr Gail
Saunders. Minister Bethel said he
was happy to report that Dr
Saunders also represented the
Bahamas on the committee and









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"attended its 8th Meeting in Rio de

Janeiro, Brazil, last year. He
added that she “compiled a nom-
ination of the Farquharson Jour-
nal, a diary handwritten by
Charles Farquharson, planter and
owner of the Prospect Hill Plan-
tation, located on the east side of
Watlings Island (now San Sal-
vador)”.

“It is a journal that recorded
the day-to-day happenings on the
plantation, from the Ist of Janu-

included in a regional nomina-
tion. She did this by submitting
detailed information on the
Bahamas’ Slave Registers, which

gave “fascinating” details about

the demography of the slave pop-
ulation, the minister said. Among
the senior government officials
and stakeholders in attendance
during the opening ceremony
were permanent secretary at the
Ministry of Education Elma Gar-
raway; permanent secretary at the
Ministry of Youth, Sports and
Culture Archie Nairn; Chairman
of the Antiquities, Monuments
and Museums Corporation
(AMMC) Dr Davidson Hepburn;
AMMC Director Dr Keith Tin-
ker, and Chairman of the
Bahamas National Commission
for United Nations Educational,
Scientific and Cultural Organisa-
tion (UNESCO) Theresa Mox-
ey-Ingraham.

Accounts Clerk
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

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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


»

THE | RIBUNE

OOM yy ay sy te



Butch Kerzner Summit Foun
taking steps to raise money





THE Butch Kerzner Summit
Foundation held a fundraiser last
weekend, inviting a few partici-
pants to climb the stairwells at
Atlantis, the Cove, and the Reef.

Money was donated for each
step climbed. The fundraising
event was dubbed “the Summit
Challenge.”

In addition to testing and devel-
oping the physical strength of
climbers, the challenge helped
raise funds for the foundation's
Summit Centre, a recreational
youth facility to be built by the
Butch Kerzner Foundation at the
Queen Elizabeth Sports Complex. .

A group of eight friends, eager
to test their fortitude and strength,
came together last Sunday to put
their climbing skills to the test.

They climbed to the top of three
of Atlantis’ towers, starting first
with Royal Towers followed by
the Cove and the Reef.

Leading the team of summit
climbers was Vanessa Kerzner,
trustee of the Summit Foundation.

"This is a great start to our
efforts for the Summit Centre for
the youth of the Bahamas, and I

CLIMBERS celebrate



this centre wilkdo, I am reminded
of my dear friend Butch Kerzner
and all of the:wonderful things he
has done and it has inspired me
to help in raising funds for such a
worthy cause.”

“Climbing the stairs was not
only an adventure that I enjoyed
with my daughters and friends but
it was the thought of knowing that
a simple idea can evolve into
something even greater,” Mrs
Everett said.

Together, the group first
climbed 23 flights qi stairs at the
Royal Towers, foflowed by 21
floors at the Cove and 22 floors
at the Reef. Overall, each person
climbed a total of 1,198 stairs, and
for each stair climbed, $10 was
donated to the Butch Kerzner
Summit Foundation.

The event could not have been
possible without the help of spon-
sors Jeff and Gill Everett from
EverKey Global; Jason Callendar,
Harry and Joann McPike; Ronnie
and Antonia Meade; Mark
Roberts of Tile King, Mr and Mrs
HP Kong, along with Vanessa
Kerzner.























ABOVE: VANESSA Kerzner, trustee of the Summit Foundation,
_ leads the pack of climbers up the Royal Towers stairwell.



y nee oH} their nal EV Cor ee aU en

am ever so grateful for the enthu-
siasm and support from our com-
munity,” said Mrs Kerzner.

“We are all trying to do our part
to better the youth, and to better
the future.”

Along for the climb were expe-
rienced climbers Nick Sager, oper-
ations consultant for the Butch
Kerzner Summit Foundation, who
has over 17 years of experience
climbing mountains, and Antonia
Meade.

Ms Meade used the event as a

test for an even greater challenge
that lies ahead of her. Next month
she will be heading to Tanzania,
East African, to climb Mount Kil-
imanjaro, which is the highest
peak in Africa at 19,340 feet.

Among the group’s novice
climbers were Pearl Lawrence;
Madison Everett, 13, and her two
younger sisters Gwenyth Everett,
11, and Grace Everett, who is only
seven years old.

They proved that in spite of
their ages, it only takes the heart of

a champion to inspire others to
contribute to giving for a good
cause.

Young Gwenyth said, “It was
an amazing experience that I
would love to do again. The best
part of summitting the stairs was
not only reaching the top together,
but knowing that we are all doing
it for a great cause.”

Proud of her daughters’ partic-
ipation, Mrs Gill Everett shared
similar sentiments and added,

“When I think of the great things

Mrs Kerzner acknowledged that
this is just the beginning of what
will undoubtedly become an annu-
al fundraising event for the Sum-
mit Centre.

She said she is hopeful that the
Summit Challenge will garner the
support of more sponsors as well
as participants. She is also opti-
mistic that having launched this
venture, other individuals might
be more inclined to climb to the
summit of Atlantis and other




Government and
Politics in
The Bahamas

POL 113
The College/University of



‘The Bahamas

FIDA awards two-year scholarship
to student from Grand Bahama

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

FREEPORT - THE international non-gov-
ernmental organisation FIDA' awarded a two-
year scholarship at the College Of the
Bahamas to Grand Bahama student Destiny
McKinney, a 2008 graduate of the Sunland
Baptist Academy.

Jethlyn Burrows, director of FIDA, said
Ms McKinney was selected from among six
other candidates in Grand Bahama.

This is the third scholarship that has been
awarded by the Grand Bahama Chapter of
the International Federation of Women
Lawyers.

The annual FIDA scholarship iowidgs high-

school graduates with $2,000, per year to study
at COB.

Ms Burrows said Ms McKinney was the
most outstanding applicant because of her
high academic qualifications, as well as her
active participation and leadership roles at
school and in the community.

“Her academic performance was very out-
standing and she had the most BGCSE’s with

‘the best grades, and she was an all around

individual,” she said.

In addition to her stellar academic perfor-
mance as top achiever from 2004 to 2008, Ms
McKinney was also president of Junior
Achievement from 2006 to 2007, and president
of the United Church of God youth group.

She also serves as secretary of the Sigma
Gamma Rho sorority.

Ms McKinney is pursuing an Associate
Degree in law at COB in Freeport. She is the
daughter of Daniel and Hazel McKinney of
Freeport.

The FIDA scholarship committee is com-
prised of Dr Coralee Kelly, president of COB
Freeport, lawyers and FIDA directors Jethlyn
Burrows and Petra Hanna-Weekes, and
Charisse Brown, senior counsel at the Grand
Bahama Port Authority and FIDA director.

Ms Burrows said applicants applying for
the FIDA scholarship must have at least five
BGCSE’s with a grade C and above, including
in mathematics and English, and a minimum
of a 3.0 GPA while in high school.

She said past recipients of the award were
Patrick Russell, who is pursuing studies to
become an electronic engineer, and Kishmir,
Rolle, who is in her second year at COB.

Before a recipient is selected, Mrs Burrows



famous oe of the world.

“Leadership in a Time of Crisis”






featuring

Allison Maynard-Gibson



To be held at 3:00pm on |
Sunday October 19th, 2008













Refreshments will be served
at Michael H. Eldon Complex
in the Executive Board Room,
Thompson Boulevard




BALDWIN
Simeless Craflsmanshif

FROM LEFT: FIDA directors Petra Weekes, Vivienn Gouthro, Jethlyn Burrows, and Charisse
Brown; Destiny McKinney, recipient; Karin Sanchez, treasurer; Hazel and Daniel McKinney,
parents of Destiny, and Lana Hield, secretary.

said, applicants must write an essay telling ’ FIDA isan international non-governmental

the committee why he or she is a good candi-
date for the award.

Miss McKinney was very grateful to FIDA
for selecting her and allowing her to pursue

-her dreams of becoming a lawyer.

“As a young child I was always interested in
law and I thought it would be a good profes-
sion to go into because I feel that I can make
a difference in law,” she said.

After completing her associate degree, Miss
McKinney hopes to further her law studies
in England.

Mr McKinney commended FIDA for their
efforts to help the community.

“T want to thank FIDA for its contribution.
I think it is wonderful that they are giving
back to the community by assisting young-
sters with the opportunity to go off to col-
lege. We are very appreciative to them,” he
said.

FIDA director Mrs Brown said the organi-
sation runs advertisements in the local news-
papers, inviting persons to apply for the schol-
arship.

They also send letters to all the high school
principals on the island, she said.

British American Financial Breast Cancer Tip

organisation in consultative status with the
Economic and Social Council of the United
Nations. The organisation, was first formed
in Mexico City in 1944 to promote the princi-
ples and aims of the UN*in legal and social
aspects.

FIDA works to establish friendly interna-
tional relations on the basis of mutual respect
and equality, and promotes the welfare of
women and children.

Ms Burrows said members}and affiliates
from 80 countries meet every second year in
the country of the current president.

Individual membership is open to male and
female law graduates admitted to practice in
their respective countries or those who are
eligible to be admitted. e

She said academic and law students are
invited to membership. She also noted that
apolitical, non-profit independent organisa-
tions of women lawyers may affiliate with
FIDA as voting members.

Men and women who are not lawyers, but
are interested in the advancement of women
in the legal profession, may participate in
FIDA as patrons.

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56

“Ky
thy y
pe Alllijygs “



a
PAGE 8, FRIDAY, OCTOBER 17, 2008



DPS: oa
Artists to bring a ‘Dash of

Colour’ to Central Bank



BAHAMIAN artists Marco
Mullings and Trevor Tucker will
open their second joint show enti-
tled *“MT2 - Dash of Colour" on
Tuesday, October 21 at 7pm at
the Central Bank of the Bahamas.

This collaboration brings
together two similar styles as both
artists explode off the canvas with
bright and bold colours. The work
embodies everything from under-
water scenes to floral and human
life.

This show merges forms
together that are similar in con-
cept, be it colour or design, in an
attempt to show the harmony and
balance in life.

At first glance one can see the
emergence of nature throughout
the paintings, as both artists
express a love of nature and the



TREVOR TUCKER and Marco Mullings

(above) will open their second

THE TRIBUNE






beauty that we very often have Show on Tuesday. ie
right in our own backyards. _ Their first show together, — lot more creativity, bold patterns ig
This show is the second held “Bloom — A Reflection of — andjusta “dash” mare of colour. Med
at the Central Bank for the two St Nature" showcased ‘he artists’ The show runs until the end of S
Augustine's College High School love of natural beauty. the month and can be viewed dur- ee
art teachers, who both ate also This show continues with that — ing banking hours in the gallery Ae
graduates of the school. theme and passion, but brings ina area. he
. RIV
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REWARD FOR INFORMATION LEADING TO THE RECOVERY AND THE
ARREST AND CONVICTION OF THOSE RESPONSIBLE FOR THE THEFT OF
THIS YEAR 2002, 34.8 INTREPID, POWERED BY TWIN 2007 YAMAHA

250HP 4-STROKE OUTBOARD ENGINES

Please contact crime stoppers at: 328-8447 or 363-3011



Credit Suisse, Nassau Branch

THE annual Shred Day display at Rawson Square. . :
is presently considering applications for a

1 i et

| Annual ‘shred Day’ held to promote —

FACILITIES MANAGER | iy one eel ;

The position is open to candidates with the falSaine minimum requirements: . protection of personal information o ;

SO PN ALTE IRE PO re

n.

Qualifications:
- Minimum of !0 years well rounded facilities or property management experience in an

offshore banking environment
Strong management and leadership skills
Well versed in Bahamian building codes
In-depth knowledge of contingency planning and project management
PC Literacy (MS Word, Access, Excel)
Proven track record :

Duties and Responsibilities
- Serve as the general liaison between the local staff and other Corporate Real Estate & Services

Managers based in New York e.g. Security, Project Management, Engineering as well as the
local Country Management Team
Manage all maintenance contracts, monitor performance and process payments
Facilitate building maintenance repairs and other minor renovations/reconfiguration projects;
organize and monitor general cleaning of bank’s premises.
Assist Project Management team and business units with space issues. including moves,
changes and minor construction activity; notify staff of local conditions and minor changes that
may affect employees in all occupied space
Arrange all special facilities services e.g. cleaning and overtime HVAC requests: liaison to
Jocal property manager for any and all building related issues °
Interface with and coordinate repairs and other issues with property manager; provide local
support for the New York based engineering management team for all engineering related
issues; act as liaison between the landlord and the engineering department for all landlord
related engineering issues
Manage local resources and vendors in the execution of maintenance contracts, repair work
and project related activities and communicate results or abnormal conditions
Provide on site support during emergency conditions including the communication of
information regarding cause and remediation of the situation
Perform daily inspections of critical areas and observations of engineering equipment
Coordinate all health and safety issues

Personal Qualities: : . ‘

- Excellent organizational, interpersonal and communication skills
- A commitment to service excellence
- Ability to work under pressure and with minimum supervision

Benefits provided include:
3 Competitive salary
- Pension Plan
- Health and Life Insurance

APPLICATIONS MUST BE IN WRITING.

Persons not meeting the minimum requirements need not apply.



Applications should be submitted to:
Human Resources Department
P.O, Box N-4928
Nassau, Bahamas

DEADLINE: OCTOBER 24, 2008



SUNRYSE Shredding held their annual

‘community event “Shred Day” last week on

Rawson Square.

“Shred Day” is an event that seeks to pro-
mote the importance of protecting personal
information and the information of others from
possible ideritity theft.

This event was created to give individuals
the chance to professionally destroy their doc-
uments for free, while promoting daily safety
practices on how to constantly protect oneself

from identity crimes such as credit card fraud,
cheque scams, phishing scams, among others.

In an effort to urge people to be more mind-
ful of this increasingly popular crime, Sunryse

- shredding put on an educational exhibit in
Rawson Square on Wednesday October 8 to.

highlight some of the more prevalent crimes.
The event was a huge success with members of

the public taking more notice and promising to -

be vigilant in protecting and properly discard-
ing their personal information.



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THE TRIBUNE

a NEWS

FRIDAY, OCTOBER 17, 2008, PAGE 9



FROM page one

en.on board. He was one of three
who survived.

News reaching Nassau was that
Pilot Officer Thompson, the first
officer to leave home to join the
forces at the outbreak of war, was
missing in air operations over Ger-
many.

However, after five days “at
large”, Capt Thompson — still
believed by his family to be miss-
¢ and held in
the Stalag Lut ill prison camp,
made famous in the movie “The
Great Escape.” He was impris-
oned from July 1944 until he was
liberated by Russian forces in
April 1945. His son Leonard, Jr,
was born shortly after he was shot
down over Hamburg. -

Capt Thompson and his three
brothers, Hartis, Morris and
Chester were known as “The fight-
ing Thompsons” for their service
in the war.

Leonard Thompson, born in
Hope Town, Abaco, was the sec-
ond son of Capt and Mrs William
Maurice Thompson. He had six
brothers and one sister.

The family moved often
between Nassau and Hope Town
during his early years. Where they
lived depended on where his
father was sailing at the time. Capt.
Maurice, captain of the three mast-
ed schooner Alma R, was one of
the first Bahamians to obtain a
master Mariner’s licence from the
Board of Trade in London, which
included a Navigator’s ticket. He
was at sea most of the time, spend-
ing the hurricane season at home
with his family. :

During the depression of the
early 1930s, just after Prohibition
ended in the US, Capt Maurice
was without a ship and a job. He
decided. to try sponge fishing in
which he enlisted young Leonard
as his sculler, and Leonard’s 11-
year-old brother Roscoe as the
cook.

After graduating from: high
school young Leonard had sever-
al jobs in Nassau, including a year
at the Royal Bank of Canada. In
1937, shortly after leaving the
bank, he persuaded his friend
Charlie Collar, a US Naval pilot
and later pioneer founder of
Bahamas Airways, to take him on
as an apprentice pilot for £1
($4.80) a week. In September 1939
he and four of his closest friends
left for Canada to join the Royal
Canadian Air Force.

Capt Thompson and Mary, his
wife of over 50 years, had six chil-
dren. He entered politics, sitting in
the House of Assembly as an inde-
pendent MP for Abaco for 19
years from 1949. He is well
remembered for the petition that
was sent to Her Majesty Queen



Legendary Bahamian

Elizabeth II that if independence
were granted to the Bahamas, her
loyal Abaco subjects wanted to
remain a colony of England.
Despite threats and intimidation,

67 per cent of Abaco’s residents

signed the petition to remain a
colony.

Daring visionary that he was,
Capt Thompson pioneered avia-
tion in the country, flying for

Bahamasair and British Airways
before setting up his own airline,
Skyways Ltd.

And his entrepreneurial
instincts was further manifested
in the Thompson Brothers liquor
import business, which he estab-
lished with his brother, Chester
Thompson, in Blackbeard's Tav-
ern restaurant east of the British
Colonial Hotel on Bay Street. He
also built a 32-room hotel at Trea-
sure Cay, Abaco, on what he

recognised as the most beautiful :

beach in the Bahamas.

He later went on to build the
Marsh Harbour Hotel and Marina.

"The man had incredible fore-
sight," said friend and former
politician Michael Lightbourne,
66.

"Quite frankly I don't think

many people would have seen

what he saw in Marsh Harbour,
because a lot of the land was
marshy, but now it is the biggest
hotel in Abaco, and it has grown
from strength to strength."

His vision, combined with a pos-
itive outlook, enabled Capt
Thompson to achieve his goals and
overcome great tragedy, includ-

ing the loss of his son, Jeffrey, who

at the age of 24 was lost on a div-
ing trip near Freeport

His brother Chester said; "He
was always cheerful. If you asked
him how he felt he would always
say 'not so bad', or 'never better’,

- something optimistic."

Mr Lightbourne recalled: "He
was a giving person, and he just
made an incredible contribution
to the country, including basically
offering his life as a young man.

"He had an incredible array of

friends, a great sense of humour, a
joie de vivre; he enjoyed life, he
enjoyed people, and they enjoyed
him.

"He has left a great legacy."

Capt Thompson had 11 grand-
children and nine great-grand-
.children who will remember him
fondly.

His funeral will be held at St
Francis de Sales church in Marsh
Harbour at 3pm on Sunday, Octo-
ber 27.

Instead of flowers, please send

donations to Every Child Counts
(ECC), PO Box 200085, Marsh
Harbour, Abaco.

arried out in next an years

FROM page one

lenges. However, with contractors having been
secured from August of this year, and with all
major starting components already in place, he
and his team have committed themselves to

: going forward with this “mammoth,” but

much needed project.

The project which will repair more than
11.6 miles of existing and new roads, and 19
corridors, and will include repairs to Baillou
Hill Road south, Mackey Street north, East
Street between Robinson Road and Soldier
Road, West Bay Street, specifically in the
Saunders Beach vicinity, Robinson Road,
Prince Charles Drive, Marathon Road, Wulff

Bethel Avenue.

The minister also confirms that additional
improvements will involve the strategic place-
ment of pedestrian crossings, guard rails, the
installation of road and street signs, street-
lights, and increased road beautification ini-
tiatives.

The selected contractor for this project is
Jose Cartellone Construcciones Civiles of
Argentina, with consultancy services provided
by the Mark MacDonald group.

The project, which was made possible by a
loan from the Inter-American Development
Bank (IDB), began with this forum, held over

a two-day period, bringing together numerous
public and private entities who are all involved

BTC, Cable Bahamas, Road ‘Traffic, Bahamas
Environmental Science and Technology Com-
mission, and the IDB.

Oscar Spencer, local JDB representative
stated: “We, the IDB, remain fully committed
to supporting the government of the Bahamas
in this very important project, which will lead
to the reduction in transportation cost for
road users in New Providence through
improvements in their existing network.”

Mr Spencer went on to say, “It is important
that we work toward secing this project to a
successful completion, in order to set the stage
for other development challenges that lie
ahead.”

This latest government project follows
recent road upgrades that have already

Road, the Milo Butler extension to Cowpen
Road, and also the newly proposed layout of

FROM page one

to restrict movement, and a large
plastic bag over his head.

The writ filed and served to
officers WDC 138 Dames, D/Cpl
2416 Smith, Sgt 1239 Maycock,
the commissioner .of police as
their superior, and the Attorney
General as joined under the
Crown Proceedings Act, claims:

"During beating the plaintiff
(Mr Dean) managed to bite
through the plastic bag to
breathe, and it was replaced by
clear stronger bag the plaintiff
was not able to bite through.

"He was beaten on the but-
tocks with a cutlass until badly
bruised and swollen, beaten on
both calves with a baseball bat
until bruised and swollen, both
shins were bruised and bleeding
by friction on the floor during
beating.

"He was punched about the
body and coughed blood,
punched on the right side of the
face which was bruised and bleed-
ing, and punches close to the right
eye caused blurred vision for five
days."

Mr Dean further claims his
handcuffed wrists were bruised,
swollen, cut and bleeding, and he
lost feeling in both thumbs, while
the bottom of his feet were
bruised and swollen from beat-
ing.

In fear of his life, Mr Dean
claims he signed a record of inter-
view and statement purported to
be witnessed by WDC 138 Dames

KFC employee

and D/Cpl 2416 Smith, obtained
by oppression and extreme bru-
tality.

His attorney Dorsey McPhee
photographed Mr Dean's injuries
the following day while he was
detained at Grove police station,
were he stayed until July 3, when
he was moved to Nassau Street
and held until arraigned before
Magistrate Linda Virgil in Court
9, Nassau Street on July 4.

Mr Dean pleaded not guilty —

to three counts of the armed rob-
bery of KFC, his co-worker and
conspiracy to commit armed rob-
bery..

He claims the arrest and
detention was unlawful, as the
reason for arrest, based on a wit-
ness statement given by a KFC
employee who arrived after the
robbery, relied on suspicion.

He further complained of
maliciously being made to appear
in Court One, Bank Lane, where
he was paraded before ZNS tele-
vision cameras alongside two peo-
ple being arraigned for a high
profile armed robbery of Scotia
Bank.

Mr Dean is claiming aggravat-
ed and exemplary damages for
assault and battery, malicious
prosecution, false and unlawful
arrest, unlawful detention,
$10,000 in damages to defend
criminal charges, damages for lost
wages, and costs.

¢Pool Tiles

eThreshold

at some capacity in this undertaking.
Included are representatives from The Min-
istry of Works, Water and: Sewage, BEC,



Abaco.

FROM page one

medical report on Taylor, who
had a visible injury to his low-
er face.

A second man has also been
charged in connection with the
stabbing.

started.in Elcuthera,

Harbour Island, and

Man charged

Charles Fitzgerald was
charged with causing grievous
harm to Kendrick Taylor.

He pleaded not guilty to
the charge and was granted
bail.

Scandal prompts PLP emergency meeting

FROM page one

Agency (NEMA), where construction materials were paid for,
but never arrived at their designated locations.

This first matter reportedly involves a $5 million contract
awarded to a well-known PLP supporter in the construction
field who has also been questioned by police in connection with

this matter.

A second matter involves another multi-million dollar contract
awarded to a well-known PLP heavy equipment operator. This
time, the alleged scam involved a contract awarded to clear two
government sub-divisions valued at over $7 million.

Not only
aueOF is alleged to have

was the contract already inflated, the developer in
turned around and sold the fill from

the land back to government at $1 million per sub-division —
totalling over $9 million on this single contract. It is said that the

contract was not put out to bid.

Reportedly, the sub-division developer is believed to have
been involved in a scheme where he was buying fill from a local
supplier for $4 a yard, and then reselling it to government for $12

a yard.

However, yesterday the PLP MP for Fox Hill Fred Mitchell’
suggested on a radio talk show that the reports revealed by The
Tribune were simply part of a “smear sone n” by the FNM.

“T think the PLP ought to stand up and say enough of this. One
has the civic duty, of course, if there is a legitimate investigation
going on to co-operate with the authorities. but certainly you
don’t expect if there is co-operation with authorities there is

going to be this type of trial by innuendo or smearing,

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Web: www.buildersmallbahamas.com — Email: info@buildersmalibahamas.com

~he said.

©2008 Creative Edge




PAGE 1U, FHIVAY, UU LOBER 17, 2ZUU&







‘FRIDAY EVENING OCTOBER 17, 2008

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

NETWORK CHANNELS

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(2008) 'R’ (CC) Knoxville, Steve-O. R (CC) :

Let Charlie the
Bahamian Puppet and fay
his sidekick Derek put ay

some smiles on your

kids’s faces.

Bring your children to the
McHappy tour 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

(T\

i'm lovin’ it




PAGE 11, FRIDAY, OCTOBER 17, 2008 THE TRIBUNE

THE COLINAIMPERIAL
INSURANCE LTD

invites tenders for the purchase of:-—

ALL THAT piece, parcel or lot of land situate in the
Subdivision called and known as Yamacraw Shores
Subdivision having the number (99). Single Family
Residence. Property size: 8,221 sq. ft. Building size:

- 2,596 sq. ft. Three (3) Bedrooms & Two and a half (2
1/2) Bathrooms. — .

Colinaimperial Insurance Ltd. will sell as mortgagee
under power of sale contained in a Mortgage dated
28th day of September, A.D., 2004.

A

ALL THAT piece, parcel or lot of land situate in
the vicinity of Johnson Road in the Eastern
District of the Island of New Providence and
having the Number 5 in the Valentine’s
Extension Number 2 Subdivision.

The Subject Property consist of the following
accommodations:- (3) 1 Bed Room Apartments
each with Living Room, Dining Room and
Kitchen. (2) - 2 Bed Room Apartments each
with Living Room, Dining Room and Kitchen.

Colinaimperial Insurance Ltd. (formerly Imperial
Life Financial) will sell as mortgagee under
power of sale contained in a Mortgage dated
30th, Day of November, A.D., 1990, stamped
and recorded in Volume 5548 at Pages 90 to
114.

ALL THAT piece, parcel or lot of land
situate in the Subdivision called and
known as Vista Marina Subdivision
having the Lot number seven (7) in
Block number sixteen (16) situated in
the Western District in the Island of
New Providence. Residential Property ;
size: 10,500 sq. ft. Building size: 4,970 ¢
sq. ft. The subject property is a four
bedroom, two bathroom single storey ©
dwelling.

Colinaimperial Insurance Ltd. (formerly
Colina Insurance Company) will sell as
mortgagee under power of sale
contained in a Mortgagejdated 30th
day of July, A.D., 2003.

ALL THAT piece, parcel or lot of |
land situate in the Subdivision
called and known as Centreville
having the number twenty-two
(22) in Block number fourteen
we (14). Commercial /Residential.
» .&. Property size: 10,500 sq. ft.
Building size: 3000 sq, ft.

AAS

Colinaimperial Insurance Ltd.
(formerly The Manufacturers Life
Insurance Company) will sell as
mortgagee under power of sale
contained in a Mortgage dated
21st day of December, A.D., 1990
stamped and recorded in Volume
5554 at pages 563 to 578. fh . < oC

“yy

Wij

ill
if?

LLL,
wirro“iy

yin Uy
Whi

tl
til

ALL THAT piece, parcel or lot of land
situate in the Subdivision called and
‘known as South Beach having the
number thirty (30) in Block number five
(5). Single family residence-Property size:
6,364 sq. ft. Building size: 2,133 sq. ft.
Three (3) Bedrooms & Two (2) Bathrooms.

Hl
‘4
y

“ip
Mhipy
Morey

yl F

Uteryy,

Vrouw

Colinaimperial Insurance Ltd. (formerly
The Canada Life Assurance Company) will
sell as mortgagee under power of sale
contained in a Mortgage dated 28th day
of March, A.D., 2001 stamped and
recorded in Volume 8157 at pages 395 “Rae”
to 417. ,

Gy

a
tr,

Y

Mity
7
Vp,

%
Viny

ALL THAT piece, parcel or lot of land situate in
Section Three (3) of the Subdivision called and
known as Sea Breeze Estates having the
number Seventeen(17) in Block Number

Thirteen (13).

Ml

tj

The Subject Property consist of the following
accommodations :- (3) Bedrooms, (2)
Bathrooms, Kitchen, Living Room, Dining
Room and Utility Room.

Colinalmperial Insurance Ltd. (formerly

Imperial Life Financial) will sell as mortgagee*
under power of sale contained in a Mortgage

dated 19 day of September, A.D.,.1984

stamped and recorded in Volume 4154 at

Pages 357 to 377. . =

as

-¢ AANA : ¢
- Colinalmperial Insurance Ltd. reserves the right to reject any and all offers.

Interested persons may submit written offers in a sealed envelope
addressed to General Manager, Mortgage Operations,

~PO BOX N-3734, NASSAU BAHAMAS

to be received no later than the close of business on
November 30th, 2008.






PAGE 12, FRIDAY, OCTOBER 17, 2008



Ex-Yankee Tom —
Tresh dies at 71

m@ BASEBALL
VENICE, Fla.
Associated Press

TOM TRESH, the 1962 :
AL Rookie of the Year and }
part of three New York :
Yankees teams that reached :
the World Series, has died. :
He was 71. i

Tresh died Wednesday }
after a heart attack, accord- :
ing to the funeral home han- }
dling the arrangements. i

Tresh was an 1962 All- :
Star as a shortstop and made :
the team again in 1963 asa ;
center fielder. He later
earned a Gold Glove in the :
outfield. ; :

“Tommy was a great }
teammate,” Yankees great }
Yogi Berra said in a state- :
ment. “He did everything }
well as a ballplayer and was :
an easy guy to manage.” ;

The Yankees were near- }
ing the end of their decades- ;
long dominance in the AL }
when Tresh became a regu- :
lar, taking over at shortstop :
when Tony Kubek went to }
serve in the Army. He hit ;
.286 with 20 homers and a }
career-high 93 RBIs in 1962. :

Tresh joined a powerful :
lineup that already boasted
the likes of Mickey Mantle }
and Roger Maris and helped
the Yankees reach the :
World Series from 1962-64. :

The switch-hitting Tresh :

homered in the Game 5 vic- :.

tory over San Francisco in }
1962, and made a running, :
backhanded catch on Willie :
Mays’ drive to left field in
the seventh inning in a 1-0 :
win in Game 7. i

Tresh homered off Sandy :
Koufax in the 1963 Series
loss to Los Angeles and
homered twice in the 1964
loss to St.Louis, including
a shot off Bob Gibson.»

Overall; Tresh hit .245°
overall with 153 home runs
and 530 RBIs. He was trad-
ed by the Yankees to
Detroit during the 1969 sea- :
son and retired after that :
season. i



Tresh, who was born in

Detroit, attended Central
Michigan and later was an
assistant coach at the school. :

“This hurts. He was my :
roommate for six years of ;
my life, my hitting instructor
and my best friend. He let
me be me, but he was also
the guy who kept me in at :
night,” longtime teammate
Joe Pepitone said. i

FA looking into”
possible match-fixing

m SOCCER
LONDON
Associated Press





ENGLAND’S Football :
Association is investigating ;
allegations of match-fixing in :
this month’s League Champi- :
onship match between Derby
and Norwich.

Derby beat the Canaries 2-
1 on Oct. 4, but the match was
reportedly subject to irregu-
lar betting patterns in Asia.
The FA was known to be’:
investigating a match, but its i
identity hadn’t been con- :
firmed until two British politi-
cians asked questions in Par-
liament about it on Thursday.

Norman Lamb, who is a
Norwich season ticket-holder,
put forward a question on the ;
subject to the government.

“When anything like this :
enters our game the whole i
thing’s destroyed because you :
lose trust,” Lamb told the }
BBC. “It’s important the FA :
investigates this as a matter of :
extreme urgency.” i

The Sunday Telegraph :
newspaper, which reported :
the allegations last week, :
handed the FA a document }
detailing the unusual betting :
and also to the Gambling :
Commission — the regulatory :
body for gambling in Britain. :

Neither organization has :
jurisdiction over the Asian :
market, but both have a man- }
date to uphold the game’s }
integrity. :

Derby took the lead with a :
26th-minute goal by Rob ;
Hulse. Sammy Clingan tied it
with a penalty in the 51st :
before Nathan Ellington :
scored the winner with five
minutes remaining. :











dal through to
adrid quarters



£

NEFL/AP Photo

JETS safety Eric Smith has
appealed his one-game sus-
pension and $50,000 fine by
the NFL for his helmet-to-hel-
met hit last week on Arizona
receiver Anquan Boldin.

-_ ane

ANDY RODDICK of the U.S. reacts in front of an American flag during
a tennis match against Gael Monfils of France at the Madrid Masters in
Madrid Thursday Oct. 16, 2008. Monfils won the match 6-4, 3-6, 6-3.

Paul White/AP Photos

RAG...

16, 2008.

the match 6-4, 3-6, 6-3.

RAFAEL NADAL of Spain returns the ball on his way to
beating Richard Gasquet of France 6-4, 6-2 during a ten-
nis match at the Madrid Masters in Madrid Thursday Oct.

GAEL MONFILS of France returns a shot to Andy Rod-
dick of the U.S.during a tennis match at the Madrid
Masters in Madrid Thursday Oct. 16, 2008. Monflis won

TRIBUNE SPORTS


















@ TENNIS
MADRID, Spain
Associated Press

RAFAEL NADAL moved
within one victory of clinching
the season-ending No. 1 rank-
ing on Thursday by beating
Richard Gasquet 6-4, 6-2 to
reach the Madrid Masters quar-
terfinals.

Nadal will hold the year-end
top spot if he beats another
Spaniard — Feliciano Lopez,
who beat Stanislas Wawrinka
6-4, 6-4. Roger Federer has held
that spot for the past four years.

Defending champion David
Nalbandian was ousted by
Argentina Davis Cup team-
mate Juan Martin del Potro 6-4,
6-2. Eighth-seeded Andy Rod-
dick was also eliminated, los-
ing 6-4, 3-6, 6-3 to Gael Monfils
of France.

The ninth-ranked Del Potro
controlled the third-round
match from the start after
breaking Nalbandian, who was
coming off a tournament win
in Stockholm last week, in the
first game.

Del Potro broke again to
take the opening set and then
seized control of the second
with another break in Nalban-
dian’s first service game.

“T have to do my things, but
in Davis Cup he is the leader .
and he is the one that counts
above everyone else,” said Del
Potro, who is closing in on a
spot at next month’s Masters
Cup in Shanghai. “I’m getting
better day by day. We don’t
compete to see who is the best
from Argentina.”

Nalbandian and Del Potro
will play singles for Argentina
in the Davis Cup final against
Spain from Nov. 21-23 in Mar
del Plata, Argentina.

Del Potro’s quarterfinal oppo-
nent will be the winner of the
match between second-ranked
Roger Federer, who won here in
2006, and Australian Open final-
ist Jo-Wilfried Tsonga.

U.S. Open finalist Andy Mur-
ray also reached the quarterti-
nals with a 7-5, 7-6 (2) win over
Marian Cilic.

Broken early on, the fourth-
ranked Briton broke Cilic to
make it 5-5 and again two
games later to close out the set.

Cilic rallied late in the next
set to force a tiebreaker, but
Murray took a 6-1 lead atter
Cilic double-faulted. Murray
clinched the match when Cilic
hit a shot long.

WW



Jets’ Smith says fine, suspension were too steep

@ FOOTBALL
FLORHAM PARK, N.J.
Associated Press

NEW YORK JETS safety
Eric Smith thinks the NFL
“made an example” of him
with its punishment of his hel-
met-to-helmet hit on Arizon-
a’s Anquan Boldin a few weeks
ago.

Smith was suspended and

‘fined $50,000, including one

game check, after the scary col-
lision near the end of New
York’s 56-35 win on Sept. 28.

“If you compare it to the
other fines and the extent and
the value of the number they
put on the other fines, I defi-
nitely feel that I may have been
made an example of,” Smith
said Thursday. “It was a first
offense this year, and there are
a couple of second offenses
that haven’t been as severe as
mine.”

Boldin needed surgery to
repair a fractured sinus and is
sidelined indefinitely. Smith, in
his third year, appealed the
decision and insisted there was
no malicious intent on his part.
The league said Smith com-
mitted a flagrant violation of
player safety rules and that
Boldin was in a defenseless
position when contact was
made.

“T tried to tell them that my
intention wasn’t to hit him like
that, but they told me intent
wasn’t looked at,” said Smith,
whose salary is $445,000. “But
if intent isn’t involved, then
why isn’t every fine the same?”

NFL spokesman Greg Aicllo
said the league would have no
comment on the suspension or
Smith’s statements.

Smith was accompanied to
his appeal hearing at the NFL's
offices in Manhattan last week
by his agent, Buddy Baker; Jets

general manager Mike Tan-
nenbaum; and a lawyer for the
NFLPA. Smith said he knew
he had little chance of having
the penalties overturned.

“I felt that the media atten-
tion it received was really tough
to win my appeal, just because
of the attention it got and basi-
cally everybody knew about it,”
said Smith, who sat out the Jets’
win Sunday against Cincinnati.
“So, it was going to be tough
for the NFL to change their
decision on it.”

NFL commissioner Roger
Goodell, who a few weeks ear-
lier issued a player safety edict,
was not present at the hearing.

“T can’t say it would've
helped me or hurt me either
way,” Smith said, “but I
would've definitely liked to
have talked to him about it.”

With 27 seconds left in the
game, Boldin tried to catch a
pass from Kurt Warner in the

end zone, but was hit in the
back by Kerry Rhodes and then
took a shot to the front of his
helmet from Smith. After being
worked on for several minutes.
Boldin was immobilized and
placed on a stretcher before he
was carted off the field. No
penalty was called on the play.

Smith was also. briefly
knocked unconscious and has
no recollection of the hit —
except for what he’s seen over
and over on replays.

“From the first time I saw it,
it looked as I’m going to hit
him, I’m going to hit him.in the
chest,” Smith said. “But when
he got hit from behind, he
came down into where my line
of hitting was. So, if he hadn't
been hit from behind, then it
wouldn't have been helmet to
helmet.”

Smith called Boldin a few
days after the collision and lett
him a message.
TRIBUNE SPORTS

FRIDAY, OCTOBER 17, 2008, PAGE 13







From the moment the athletes disembarked at
the GBIA, the celebrations for Team Bahamas
and native Grand Bahamians Vereance Burrows,
Devin Mullings, Michael! Mathieu, Andre Williams
and Donald Thomas included a red carpet wel-
coming press conference and peaked with a youth
rally held at Independence Park yesterday.

Hundreds of students across Grand Bahama
along with Parliamentarians and well wishers
turned out at the park to pay homage to the
Olympians.

Each of the five Grand Bahamians was hon-
oured through song or spoken word by their
respective alma maters, Mathieu of the St.
George’s Jaguars, Williams of the Sir Jack Hay-
ward Wildcats, Burrows of Sunland Baptist Acad-
emy, Mullings and Thomas both of the Bishop
Eldon School.

All of the 19-team members were awarded with
gifts for their performances with the male mem-
bers receiving Techno Marine watches and female
members receiving pearl jewellery sets.

The ceremony concluded with a special perfor-
mance by recording artist KB with renditions of
two of his hit singles, “You Don’t Know Me Eh”
and “Civil Servants.”

Wellington Miller, President of the Bahamas

Olympic Association, gave one of the most pro-

found addresses of the ceremony when he praised
Grand Bahamian organisers but implored the
Olympians to relate the entire depth of their jour-
ney to the impressionable youth sitting before
them.

“Grand Bahama is quickly becoming the organ-
‘ising capital of the world, the way you celebrate
should be held up as an example of the way we
should do things all across he country,” he said.
_ “Everyone sees the upside of your career and

wants to celebrate through the glitz and glamour,
but I want you to tell the youth of what it truly
takes to get to this point. Tell them of the times
you have been disappointed in the past, tell them
the discipline it took to for you to get where you
are in your careers, tell them how hard you have
worked and sometimes all you had was prayer, tell
them everything it took for you to reach this lev-
el.”

The Grand Bahamian natives responded to the

Grand Bahama rolls out the:

outpouring of affection with
a timely cross section of rel-
evant messages.

Burrows, a sophomore at
the University of Kentucky
who competed in his first
Olympic Games told the
crowd how he had been in
their position just a short
time ago and found inspira-
tion in Olympic athletes.

“T remember being in this
park a few years ago when I
was younger, and I remem-
ber seeing the Golden Girls
tease me with their medals,”
he said. “It was a definite
inspiration to me to one day
be able to get to the
Olympic games.”

Williams, who ran a cru-
cial third leg in the finals of
the men’s silver medal win-
ning 1600m relay team,
stressed the role a strong
support system can play in
the life of a young person
in the pursuit of a specific
goal.

“To the parents I just
want to say support your
kids in whatever it is they
choose to do, whether it is
with sports Or anything
else,” he said. “To the kids, obeying your parents
is the first step because all this success starts in the
home. You have to go after your goals and
dreams, but most importantly, stay focused on

* doing things the right way.”

Mathieu, who ran the second leg in the finals of
the 1600m relay insisted on the importance of

religion in shaping the mindset of the prospec-
tive athletes.

“Put Goc fist in your life first and foremost in
all your decisions throughout life,” he said. “Suc-

cess does not come easy, just like being a great ath-
lete does not come easy, but you have to be deter-
mined to stick with it and to remember that above






pé Major/Tribune staff

Feli




anything else put God first.”

Thomas, whose international natoriaty ascend-
ed to astronomical heights following his 2007
World Championship, experienced a myriad of
injuries throughout much of his 2008 season and
related his experience this year to the importance
of hard work.

“This year I was unable to bring a medal home
like I did last year,” he said. “I could not work like
I wanted to this year and when y. u do not work
you do not get rewarded. That should be one of
the biggest lessons you should learn.”

Mullings, a recent graduate of the Ohio State
University, was also a first-time Olympian, com-
peting in doubles with Olympic veteran Mark
Knowles.

“Tam so thankful for the reception we have
received and this entire experience has given me
nothing but confidence moving forward,” he said.
“I am definitely looking forward to London in
2012 and what we can accomplish there.”

The exuberant celebrations in Grand Bahama
culminated in an islandwide motorcade stretching
from Lucaya to West End where scores of resi-
dents lined the streets to catch a glimpse of the
2008 Olympians

The team’s nationwide tour concludes today
with visits to islands most drastically affected by
Hurricanes Hanna and Ike.






FROM the moment ae Peck
hy

disembarked at the GBIA

celebrations for Team Baha

tke ielreneMrenecifecianr-i (ee

oygstiouolenicidcss(erou: lieu Mi=rciee ay

witha youth rally held at Ind
pendence Park oper

@ By RENALDO DORSETT
Sports Reporter }



THE nation’s sec-

ond cit

the red carpet

rolled out

treatment for team

Bahamas with a
special focus on

their home grown
quintet of athletes,
which represented
the Bahamas at the
2008 Olympics in

Beijing.



WS 3






SOHENENNAANNENNNINNS

fhe parents

say SUDPOTI
our kids in
atever it is
they choose
to do,
whether it is
with sports or
anything else

ANDRE WILLIAMS

‘SOANNNRANNRNNNEANANLOREONANNAANNNNAA NNO TE


PAGE 14, FRIDAY, OCTOBER 17, 2008



TRIBUNE SPORTS





estminster College
gives to Ike victims

PAGBO playing major

Pole in saluting boxing

great Elisha Ohed



The Pan American _ establisha
Regine BAISS Ranke PONT GUARD et oe fone
Champions the Westminster Geno Bullard, : is playing a major role in salut oF and
Diplomats proved themselves eteand entre : ing the career of boxing great praise to
to be more than good sports- Rashad Morely —: Fiicha Obed ‘the ath-
men as they donated several present Pastors 1.""Th¢ organisation is headed letes of
boxes of water and other neces- Rick Dean and Beers lit ae
a ; Se Andreu Won .; by sp ia personality ; e
sities to.the Hurricane Ike vic d g : Fred St Caribb
f wihicakes ot ; Fred Sturrup. aribbean
tims yesterday. A waterandother Another Bahamian, Richard who at
The players were joined by se : Demeritte is the treasurer. great dis-
the female Diplomats and coach besessttles for ! President Sturrup informed advan-
Geno Bullard, Sr. in giving the Se : the Tribune Sportson Wednes- tages,
items to the Missions Team nS BS Meee: : day that Obedisone ofanum- haveman- [@
from Family of Faith Ministries INSEE SCORN «eet of sports giants from around aged to isola
International who be distribut- ais eee the region who have been. match up

ing the items on islands affected
by the storm. Associate Pastor
Andrew Wong and Senior Pas-
tor Rick Dean lauded the stu-
dents for their kind gesture and
told them they are learning at a
young age that giving so gener-
ously affects lives they will nev-
er know.

They added that they were
especially grateful for the water
asso many communities are still
in need of fresh water.

"We are so fortunate to be in
New Providence and protected
by other islands during these
storms and hurricanes," said

- Coach Bullard. "But in that for-
tune we have become a bit

insensitive to realising how

much these people lose in a
matter of hours. We also want-
ed to help those in athletic pro-
grammes who may not be able



to pursue their sports because of
the rebuilding effort. After
speaking with Family of Faith
Ministries, I think we will be
looking to assist even greater
and even attempt a trip there
to show our support."

"It's one thing when we just
focus on competition and being
our best in sports, but it's anoth-
er thing for us to focus on being
socially conscious and civic
minded because we are a part of
a wider community," noted
player Kenesha Small.

“Our coach reminds us to

look out for each other all the
time and I think by giving these
small items to people who have
worked hard and lost everything
we are proving that-we do care
about others. A lot of times
people say ‘just keep the less
fortunate in our prayers’ but we
are here today to show that we
are keeping them in our prayers
but we are also doing something
about it. A little bit can go a
long way if we all give a little.”

"We are the reigning BAISS
Champions but we don't want
to be known for simply basket-



QW, p°V(™5®©<8§9? §—Bh—~NDKFD}l. "| _

ball," added varsity, centre

Rashad Morley. "We want'to
be known for being young men
and women who care about
more than sports and who care
for people in general. What you
see us giving today is not some-
thing one person decided on.
It's something we all felt oblig-
ated to do. We are fortunate
enough to attend a top-rate pri-
vate school and be on the best
basketball team in the Bahamas
but we are ‘also fortunate
enough to give to those who are
less fortunate than us."




before Obed
: Jamaica,” the PACBO Presi-

: Riis Aww

selected as nominees and will
be attending the inaugural
Caribbean Awards Sports Icons
Banquet in New Kingston,

: Jamaica, November 7.

“We are one of the regional
associates of the CASI Foun-

dation and it is with lots of pride

that our organisation steps for-

! ward to work towards putting
: the spotlight on some outstand-

ing native sons and daughters
of the Caribbean.

“PACBO undertook to
ensure that Obed is in atten-

dance. Also, a special supple-

ment saluting Obed’s status as

‘one of the Caribbean’s sports
: icons has been produced by

PACBO and will be published
leaves for

dent informed.
CASI is the brainchild of

Jamaican-born Al Hamilton
: who lives in London.

“It has been a dream of

Hamilton for a long time to

very well with peers from the
big and powerful countries of
the world,” said Sturrup.

With the birth of CASI, the
achievements of the
Caribbean’s sports legends will
live on. It is intended that the
CASI Banquet becomes an
annual event.

Sturrup and the former world’

‘champion and Obed’s brother-

in-law Eric Hynes are sched-
uled to depart November 6 for
the Caribbean sports extrava-
ganza. Obed won the North
American Boxing Federation
junior middleweight champi-
onship in January of/1975. Then,
in November of that year he
took on the tough Spaniard
Miguel de Oliveira, and stopped
him in round 11 to capture the
World Boxing Council junior
middleweight crown.

He successfully defended the
title twice before losing it to
Eckherd Dagge of Germany in
1976.





Lightbourn and Chaplin set
to go head-to-head in Pune

FROM page 15

: 200 breast. From track and field, Kenneth Wallace-Whitfield
: completed the Bahamas’ two-member participation as he ran
in the preliminaries of the men’s 800.
: Running out of the last of three heats, Wallace-Whitfield came
: in fifth in a time of 2:01.02. Kenya’s Raphael Olekei took the vic-
: tory in 1:53.33.
i While Wallace-Whitfield failed to advance to the final, fin-
: ishing 15th overall, Olekei qualified with the sixth fastest time: His
: team-mate David Mutinda was the fastest qualifier in 1:51.84.
: In the final, Windy Cylof Jonas of the Republic of South
: Africa took the gold in 1:50.72 with the silver going to Daniel
: Lagamang of Botswana in 1:52.51. Mutinda (1:52.22) edged out
i Olekei (1:52.27) for the bronze.
The games, in which the Bahamas was represented for the
first time in boxing, tennis, swimming and track and field, will
come to a close on Bans .

WW hh’ ,:n;;_y;rv>P[iw WQ WW "7FE.E=ES 2nd



Sunshine Insurance presents
$2,500 cheque to BAAA

FROM page 15

: between the Sunshine group of companies and the BAAAs. In
: 2000 Sunshine Holdings spearheaded a national fundraising ini-
: tiative to Support Team Bahamas through the Fund for Olympic
: Gold, as the team prepared for competition in Sydney, Aus-
: tralia. Sunshine Insurance donated $10,000 to the BAAAs for
: final training of track and field athletes for the 2008 Beijing
: Olympics.

i Mr. Franklyn Wilson, Chairman of Sunshine Holdings, con-
: gratulated the members of Team Bahamas on their accom-
i plishments and assured them of his company’s continued support.



FROM (l-r standing) are Tim
Thompson, Geo Rolle, Shawn
Kemp, Andrew Kemp, Robert
Carron and Leon McPhee.
From (/-r kneeling) are Con-
nor Albury, Andrew Bodie,
Kevin Salabie and Duran
Beadle.

The tournament was used to assist the

. selection process for the national team
scheduled to compete in the World Cup
qualifier in New Providence October 25-

BAILLOU won the Rugby Sevens
Tournament undefeated over the week-
end by beating the Buccaneers, Cuckoos
and Freeport Clubs.

The team then went on to beat the Buc- 26.
caneers in the semifinal and they finally
shut out Freeport — four tries to none for
the championship.

The Bahamas’ team will play against
the US, Canada, Mexico and the best in
the Caribbean.

_SOURORILURALTIL LLL OLLI

















w. ee over two 55 gallon drums
that were laying side-by-side.
month’s time, in addition to skat-

eo both forward and backward, he was

fing out elaborate patterns on
ground and became reputed as one,

of the fanciest roller skaters “out east”.

is said that the only difference ~

between men and boys is the size and

cost of their toys and naturally, “Nine”

as the first among his.

contemporaries to own an automo-

bile. He also developed a reputation as

excellent fisherman, casting his

bait from the docks and rocks on

Montague Beach and in the lake

hind that historic hotel.

He was an exceptional pool shooter,

-_ which proved to be a good source for |

“pocket money” and no one in the area

who was in their right mind would chal-

skates but thad eg maintaining hig _ lenge him to a game of pool. ,
balance and fell repeatedly. This was He honed his tennis skills by playing
more than I had bargained for — not with the father/son team of Percy and

y only did I “earn” 6 that b t Anthony Munnings and not many
fen : iM ” ge would recall his athletic prowess but I

Jentercanment ie wel can remember attending the Track &

This rental agreement was in effect Field meets at St. aoe
for several Augustine’s College with him.

days afterwards and “Nine” ot pro- While the meet was in progress,
srensvely better. ee “Nine” would stage his own high jump

Within a matter of two weeks, not competition on the side line, daring |
only | was he able to successfully negoti- fs persons to jump against him and quite

ate Pinder Hill ‘on n Kemp Road, but he often he, wearing street clothes, would
_ jump higher than the athletes in the

_ Please allow m

ends from our pre
tarted when *

















official competition. -

~~ On weekends, we would stage our
own track meets in the sand at Mon-
tague and again, “ “Nine* would be the
one to beat.

Employment opportunities sent me
to Grand Bahama and while working at
the Jack Tar in West End, my friend
“Nine” would come and visit. On one
occasion, he had been playing on the
Tennis Court for two days and created

~ such an impression with both the Man-

agement and guests that he was offered
the job as the Resident Pro. .
As impressive as the offer was, he

simply said, “Man, I can’t stay in Grand —

Bahama!” As his good fortune would -
have it, he went back to Nassau and
almost immediately took up the sport
‘of golf and the rest, they say, is history.

Donald “Nine” Rolle became a trail-
blazer for Bahamian professional.
golfers and even tried to get me to play
the game but I simply did not have that
kind of patience.

On a subsequent trip to Grand
Bahama, I made the mistake of sug-
gesting that he give up the sport of golf,
but in a very dignified way, as he pre-
sented me with my first set of clubs as a
gift, he politely said, “It’s too late now,
I’m heavily into golf.”

This sport afforded him the opportu-
nity to travel extensively, both in com-

petition and as a Goodwill Ambassador,

DONALD ‘NINE’ ROLLE

~ for his county.

In addition to the sport of golf, per- \
haps his second love was politics. Here
again he was fiercely loyal to what he
strongly believed and lent his support
to whatever cause that his political affil-
iation demanded of him. He truly had a

~ heart of gold and was a true, genuine

friend in every sense of the word.
“Nine™ came to Freeport two months
before his demise to attend a party and.

‘would not rest or be at ease until my

wife, Anne and [ arrived. He
pulled me aside into our own little
corner as we reminisced about old
_ times and the fact that I decided to
make Grand Bahama my home. He
declared his intention to make a trip
to Cuba upon his return to Nassau and

we can resume our talks when he got

back to The Bahamas.

I drove him back to his hotel and my
wife and I walked him to his room.

We all said “Good Night” but five
short days later, someone told me that
my lifelong friend, Donald “Nine™
Rolle had ‘passed away.

“Nine” was a colourful character who
was Cull of life ~ he did not merely exist,
he LIVED. I will miss my friend great-
ly. Thanks for all of those good memo-
ries: Rest In Peace.

Your true friend:
F. GEORGE “PECAS” CURTIS
THE TRIBUNE



NPBA set to
kick off new
season with
celebrity game

@ By BRENT STUBBS
Senior Sports Reporter
bstubbs @tribunemedia.net

AS a part of the ‘Sports
Heritage Week’ starting
from October 20-25, the :
New Providence Basketball :
Association will hold a
celebrity game and officially }
kick off its 2008/9 season at. :
the Kendal Isaacs Gymnasi-
um.

And during the opening
night festivities on Friday,
October 24, the NPBA will
honour the three basketball
players in a Hall of Fame
basketball game between the
Kentucky Colonels and the
Beck’s Cougars.

Winston ‘Tappy’ Davis,
Sterling ‘Robert Lloyd’
Quant and Fred ‘Papa’
Smith will all be among 15
persons inducted in the Class
of 2008 National Hall of
Fame.

The ceremony for the
inductees will take place on
Saturday, October 25 at the
British Colonial Hilton Hotel.

Joining Davis, Quant and
Smith are Winston ‘Gus’
Cooper, William ‘Yama
Bahama’ Butler, Thomas
‘the Bird’ Grant, Churchill
Tener Knowles, Dr. Bernard
Nottage, Edison ‘Ambry’
Armbrister, Betty Kelly
Kenning, Hubert Wong and

_the late Captain Rolly ‘the
Grand Master’ Gray, Hen-
ry Crawford, Peter ‘Pa B’
Bethell and Delroy ‘Roy’
Armbrister.

Gray, Crawford, Bethell
and Armbrister will be hon-
oured posthumously.

The National Hall of
Fame is being organised by
the Ministry of Youth,
Sports and Culture and will
be held under the patronage
of Governor General Arthur
Hanna. Ire.

NPBA president Keith
‘Belzee’ Smith said the Her-
itage Sports Week should be
a great one, but they are
even more enthused about
the opering of the basket-
ball season.

The of ning game at 7
p.m. will be a rematch of last
year’s final between the
champions Commonwealth
Bank Giants and runners-up
Electro Telecom ‘Cybots.

The feature contest will be
a rematch of an age-old
rivalry between the Ken-
tucky Colonels and the
Beck’s Cougars. Quant and
Smith starred significantly
for the Colonels and
Cougars respectively.

“Both organisations know
and they are excited to
play,” said Smith, who was a
part of the Colonels, who
had the most famed rivalry
in sports in the country.

As for the NPBA season,
Smith said it’s shaping up to
be even more competitive
than it was last year with at
least eight teams expected
to participate.

“These are some tough
economic times, so you can’t
force these guys,” said Smith
about trying to get more
teams to sign up. “We know
where the sponsors lie, so we
will go with what we have.”

Smith, however, said they
are still waiting to hear from
the Harbour Island Brilands
who participated in the
league. The Brilands came
to town to play and teams
from New Providence trav-
eled to Harbour Island to
play.

The College of the
Bahamas Caribs may also be
returning and the Royal
Bahamas Defense Force are
‘considering becoming a part
of the league as well.

“The major sponsors are
back in the league, but there
are still on the bubble
because of the financial con-
straints that some of the
companies are facing,” Smith
pointed out.

“But we will welcome
whoever decide to come.”






FRIDAY, OCTOBER 17,

Lightbourn and Chaplin.

2008



feet annus

to go head-to-head in Pune

m@ By BRENT STUBBS
Senior Sports Reporter
_ bstubbs @tribunemedia.net

ONE day after she won the
first heat for the Bahamas,
McKayla Lightbourn fell just
short of getting into the final in

'* the two events she competed in

yesterday at the IIJ Common-
wealth Youth Games.

Lightbourn, one of the three
swimmers on the Bahamas’ 11-
member team in Pune, India,
came in ninth in the women’s
200 medley preliminaries in two
minutes and 27.99 seconds.

The eighth and final qualifier
for the final was Megan
Gilchrist of Scotland in 2:26.26.
The top qualifier in 2:20.84 was
Helena Thornton of England,
who won heat three that Light-
bourn competed in.

Lightbourn, third in her heat, -

did splits of 32.08 in her first 50

butterfly, 37.85 for 1:09.93 in:

the 50 backstroke, 43.57 for
1:53.50 in the 50 breaststroke
and 34.49 in the 50 freestyle.

In the final, Thornton cap- .

Wallace-Whitfield

fails to advance

tured the gold in a games record
time of 2:20.84. The silver went
to Kacey Pilgrim of Australia
in 2:23.09 with her team-mate
Jessica Legge taking the bronze
in 2:20.07.

Almost as impressive as her
200 IM, Lightbourn fell short
as well of getting into the final
of the women’s 200 back when
she touched the wall third in
2:29.53 for 10th overall.

Lightbourn did splits of 34.34
in the first 50, 37.10 for 1:11.44
at the 100 mark, 38.50 for
1:49.94 at 150 and 39.59 in the
final 50.

Katherine Venters of Eng-
land won the heat in 2:19.69 for
the second fastest qualifying
time. The fastest qualifier was
Georgia Davies of Wales in
2:19.58.

man

Venters went on to win the
gold in a games record time of
2:15.06, followed by Chelsey
Wilson of Nigeria with the silver
in 2:16.31 and the bronze went
to Bridgette Taylor of Australia
in 2:16.38.

Davies had to settle for fourth
in 2:16.72.

Also in the pool, Jenna Chap-
lin was fifth in the last of three

_ heats in the women’s 100 fly in

1:06.88 for 12th place overall.
She did splits of 31.59 and 35.29.

Jemma Lowe of Wales won
the heat in the fastest qualifying
time of 1:00.78 for a new games
record.

Lowe came back in the final
and lowered her record to 59.73
for the gold, holding off Amy
Smith of Australia with the sil-
ver in 59.78. The bronze went to

Sunshine Insurance presents
$2,500 cheque to BAAA

Renovated Studio Condos For Sale

Coriparing Bahamian ath-
letes’ ability to compete and
excel on a global platform to
Sunshine’s philosophy of being
a local company with global
reach that provides profession-
al, seamless service, Brian
Moodie, President of Sunshine
Insurance (Agents & Brokers)
Ltd. presented a $2,500 cheque
to Mike Sands, President of The
Bahamas Association of Ath-
letic Associations (BAAAs) to
assist with the ongoing training
of Team Bahamas. The pre-
sentation was made on Tues-
day, October 14 when BAAA
executives and Team Bahamas
members: Leevan Sands, Jack-
ie Edwards, Christine Amertil,
Tamika Clarke, and Devon
Mullings paid a courtesy call on
Sunshine Insurance to express
thanks for the company’s finan-
cial support during the recent
Beijing Olympics.

This latest donation further
strengthens the relationship

SEE page 14

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Jessica Ash of Australia in
1:00.42.

And John Bradley got sec-
ond in the second of five heats
in the men’s 100 free in 58.72.
for 26th place. Bermuda’s Julian
Fletcher won the heat in 58.15,
but he ended up just ahead of
Bradley in 25th place.

India’s Dhaval Khade was the
fastest qualifier in a games
record of 50.65. Vir came back
in the final and lowered the
time to 49.47 for the gold. The
silver went to Aussie’s Thomas
Barrett in 50.66 and his team-
mate Ryan Napoleon got the
bronze in 51.05.

Today, only the two female
swimmers will be in action as
the competition wind down for
the Bahamas.

Chaplin (lane one) and Light-
bourn (lane two) will go head-
to-head in the first of two heats .
in the women’s 200 fly and
Lightbourn will come back to
compete in lane three in the
first of two heats in the women’s

SEE page 14 .

McKayla Lightbourn

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PEOPLE ’S. NEWSPAPER e THE PEOPLE ’S NEW SPAPE
THE TRIBUNE

t
&
X
.



FRIDAY, OCTOBER ea 2008

Eee Multi-million dollar fae:

over hotel’s

aa terminal urged for Nassau

closure



* Bahamas Ferries executive says company needs

@ By CARA BRENNEN-
BETHEL purpose-built facility to match experience provided
Tribune Business "
Reporter by new vessel and service



Uncertainty last night sur- * Potter’s Cay terminal would cost $3.5m-$4m, with ” See pert
rounded the short-term status :
of the RIU Paradise Island Malcolm Park and Ar awak ‘Cay other Op tions Two key Freeport-based marinas and the Grand Bahama Yacht
Club have been placed into - at least temporary - court-appointed

of Tourism and Department receivership due to a dispute over the repayment of loans worth $23-

‘a

seat Nan ood Department. * $450,000 Harbour Island upgrades set to start

of Labour still attempting to
determine whether the prop-
erty was due to close for sev-
eral months for renovations.
Tribune Business yesterday
spo e to a number of persons
in the hotel industry, who all

said that because RIU Par- .

adise Island did not belong to
any Bahamian hotel industry
affiliation, it was difficult to
ascertain exactly what was
happening.

‘Resort staff told this news-
paper they were unable to
comment on the situation
when contacted yesterday,
referring Tribune Business to
the general manager, who was
‘not on property.

RIV, which is an all-inclu-
sive resort owned by the Span-
ish hotel chain of the same
name, is not a member of the

Bahamas Hotel Association .

or the Bahamas Hotel
Employers Association...
Nor are its 400 staff repre-
sented by the Bahamas Hotel,
Catering and Allied Workers
Union.
Sources from within those

organisations said they had

heard the RIU Paradise Island
was to close for several
months - possibly until the
Christmas/New Year holiday
period - to undergo renova-
tions.

Yet all were unclear as to
how long any closure would
last for, the scope of works
and what would happen to the
resort’s employees during that
time.

The D partment of Labour
said it could not issue any
statements regarding the RIU,
and it is understood that
tourism officials are also seek-
ing to meet with the property’s
executives to determine the
situation.

Any closure would, even
temporary, would be a blow
to the several hundred
employees, who would be
deprived of critical tipped
income in the run-up to the
expensive Christmas season.

SEE page 5B

m@ By NEIL HARTNELL
_ Tribune Business Editor

A senior Bahamas Ferries executive yester-
day called on the Government to assist the
company in its development of a purpose-built
ferry terminal which, if built at its current Pot-
ter’s Cay base, would cost between $3.5-$4 mil-
lion and enable its facilities to match service and

vessel quality.

_ Khaalis Rolle, Bahamas Ferries’ chief mar-
keting officer, told Tribune Business that with
its new Bo Hengy II vessel due to arrive in the
Bahamas at the end of October, and then begin

SEE page 4B

_ BISX viewing global stock
market crash ‘as opportunity’

* Exchange has strategy to facilitate listing and trading
of government debt securities before year-end

, | By NEIL HARTNELL
Tribune Business Editor

The Bahamas International

Securities Exchange (BISX) -

views the current global stock
market meltdown “as an oppor-
tunity” to capitalise on its juris-
dictional independence and
transparency and leverage its
international expansion plans,
its chief executive said yester-
day. °

With the exchange having
unveiled its BISX GLOBAL

joint venture earlier this year,

Keith Davies said the Bahami-

_ans stock exchange was “posi-

tioning ourselves” to capitalise
on the current situation once

calm returned to global stock |
- markets.

“We see at BISX, from an
international standpoint, this as
an opportunity,” Mr Davies said

‘of the current equities market

meltdown.

“We are going to be leverag-
ing the fact that institutions are
going to be looking for a juris-
diction free from the US, and

looking for a jurisdiction that is

visibly transparent.”
Investors across the world -

Resort land deal
is ‘terminated’

US public company unable to file
results because of wait for Rum
Cay iesort developer’s financials



@ By NEIL HARTNELL
Tribune Business Editor

A proposed boutique resort
development for San Salvador
is unlikely to proceed, at least
for the moment, after the ven-
dors of the 550-acre site ear-
marked for the project with-

_ drew from the land transac-
tion, Tribune Business has |

been told.

John Mittens, a major
shareholder in Montana Land
Resources, which was propos-
ing the small boutique resort
and spa project, said he and
his fellow investors “may go
back” to the deal once his
main resort development on
Rum Cay was sorted out.

SEE page 5B .

\

Bo Hengy II

from Wall Street in the US to

the City of London in thé UK, /

Europe and Asia - were “railing
against the lack of regulation
and transparency” that had con-
tributed to the mess in the glob-
al financial system and, by
extension, the stock market and
economy.

“We are planning,’ > Mr
Davies told Tribune Business.
“We have redistributed some
of our efforts on the interna-
tional front to see where there
are possibilities and the Way we
ought to go.

SEE page 6B





























for a better life |

$24 million that were advanced to their owner, Tribune Business can

reveal.

An October 7, 2008, court order by Justice Estelle Gray-Evans has
appointed former PLP Senator Philip Galanis, an accountant with
the HLB Galanis Bain firm, as the receiver for assets owned by Scan-
dinavian investor Preben Olsen and his New Hope'Holdings company.

These assets include the Port Lucaya Marina, Grand Bahama Yacht
Club Marina and Grand Bahama Yacht Club, plus some 20 parcels of
land owned in freehold by New Hope Holdings that are mainly situated
in the Lucayan Marina and Bell Channel areas. Another 10 parcels of
land that have been leased to New Hope Holdings are also covered by

‘ the receivership order.

The order stipulates that Mr Galanis is to manage and preserve
New Hope’s assets until at least October 23, 2008. That is the date when
it is understood that attorneys representing Mr Olsen and New Hope
are likely to appear before the Supreme Court and attempt to overturn
both the receivership and the injunction that froze New Hope’s assets.

Until then, Mr Galanis is ordered “to collect, get in and receive
the rents and profits of the businesses and undertakings of New Hope
Holdings, now carried on at Grand Bahama Yacht Club Marina,
Grand Bahama Yacht Club and Port Lucaya Marina, and also to
manage and work the said businesses and undertakings”.

The receiver is obligated to keep the two marinas and the Yacht Club
open during their “lawfully pe ed” hours of business, plus pay
their staff due wages and salarie: all bills from the likes of suppli-
ers and utilities that come due.

Tribune Business previously exclusively revealed that Mr Olsen’s
main financial backer. T.G.. Investments, had been seeking a court-
appointed receiver for the New Hope properties, alleging that the
Scandinavian investor had defaulted on repaying loans worth $23-
$24 million.

Attorneys Maurice Glinton and Arnold Forbes, acting for American
investor Tony Gonzalez, the man behind T.G. Investments, obtained
a Mareva Injunction to freeze the assets of Mr Olsen and New Hope
Holdings...

They are alleging T.G. Investments lent $23-$24 million, secured by
two promissory notes, to Mr Olsen and New Hope Holdings to finance
the acquisition of the Port Lucaya Marina and associated properties; but
this has not been repaid. They are also claiming the company financed
other obligations of New Hope Holdings.

Yet this newspaper understands that Mr Olsen and his own attorneys
are likely to vigorously contest both the default allegations and any
attempts by Mr Gonzalez to have a court-appointed receiver take
control of New Hope Holdings’ Grand Bahama-based assets.

Mr Olsen’s representatives will probably seek to overturn the injunc-
tion at the earliest possible opportunity, especially since it was obtained
at a hearing where they were not present.

In addition, Tribune Business understands that Mr Olsen’s side is
alleging that responsibility for any loan repayment default lies square-
ly with Mr Gonzalez. They are claiming that he failed to live up to sev-
eral obligations, one of which was to provide New Hope Holdings

SEE page 4B

FG FINANCIAL

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\l of A es
PAGE 2B, FRIDAY, OCTOBER 17, 2008

"THE TRIBUNE





Legal Notice

Notice

INTERNATIONAL BUSINESS COMPANIES ACT
(In Voluntary Liquidation)

Notice is hereby given that in accordance with Section 138(4)
of the International Business Companies Act, (No.45 of 2000),
CASSEL CORPORATION. is in dissolution. David J. Rounce
is the Liquidator and can be contacted at 132, Yorshire Street,
Nassau, Bahamas. All persons having claims against the above-
named company are required to send their names, addresses and
particulars of their debts or claims to the Liquidator before 10th
November, 2008

David J. Rounce
_ Liquidator



The Ambassador of
ro tew Nila lel |
Embassy, Nassau

is presently considering applications
for the following position:

CHEF

This position is open to candidates with the
following qualifications: .

A high school diploma is required.
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equivalent training in the culinary arts.
Three years experience as a Chef.

Personal Attributes:
- Must be able to work shifts and weekends.

- Must be flexible, a quick learner and
adaptable to change.

Applicants must be Bahamian citizens or
USS. citizens who are eligible for employment
‘,under Bahamian laws and regulations.

Please submit resume and three references
via e-mail fernanderra@state.gov
addressed to the Human Resources Office
no later than Friday, October 24, 2008. .

Telephone calls will not be accepted in
reference to this advertisement.



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Minister maintains 3,000
home goal still on target

@ By CARA BRENNEN-BETHEL
Tribune Business Reporter



The Ministry of Housing is on target to
build 3,000 low-cost homes before the end
of the Government’s first term in office,
the minister responsible saying yesterday
that it will be focusing on quality homes.
The Ministry has already awarded 36 con-
tracts for 131 homes.

While Kenneth Russell acknowledged

' criticism that he did not build “one single

house” during his first year in office, he
said there was another side to the story
which was not told.

“On coming to office we met the Depart-
ment of Housing owing the Bahamas Mort-
gage Corporation $24 million, and approx-
imately $10 million was owed to contractors,
land owners and service providers,” Mr
Russell said.

He added that some 70 houses were fin-
ished but unoccupied because of a lack of
infrastructure, and LOO persons in homes
with no conveyances and no mortgages, as
well as no legal permission to be in the
homes. Mr Russell said there were a huge
number of deficiencies and defects with the
homes built over the past five years, before
the FNM assumed office.

Mr Russell told the weekly meeting of
the West Nassau Rotary Club that he had
those problems to deal with as his first
course of action.

“The problems encountered ranged from
serious floor failures to minor roof leaks,

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.





Visit our Honda Showroom on Shirley Street
328-2285

Fax: 323-7272 www.hondabahamas.com



NCIS



and we spent much time and money cor-
recting this and we are still not done,” Mr
Russell said.

He added that to date 198 homes have
been repaired out of the 273 homes
approved for repairs, and there are 154
homes not yet assessed for repairs but which

will need them. The repairs have cost the
Ministry of Housing in excess of $1.7 mil-
lion.

Mr Russell said the Ministry of Housing
was able to obtain a $5 million loan to repay

some of the outstanding debt, but still owes.,

$5 million. 2
He said that of the $75 million worth of

Mortgage Corporation bonds approved by:

the House of Assembly for the housing pro-
gramme,they had converted $15 million to

ready cash just two weeks ago and the hous-.

ing programme has officially restarted.

Mr Russell said that to date, “35 homes
have been started in Adrastra Gardens,
which is the new name for Prepall Tract,
with 12 contractors. In Pride Estates 3, we
have started 61 homes with 17 contractors.
The first home in Pride Estates was com-
pleted the day after we got access to’ the
$15 million, and so we were in there for
the first three months.

“In Spring City, Abaco, we have 35 hous-
es under construction with seven contrac-
tors, for a total of 131 houses and 36 con-
tractors.” .

Mr Russell added that the Ministry of
Housing had recently signed a roads con-
tract for a subdivision of 10-homes in San
Salvador, which was built with no infra-
structure.

The minister said they were trying to
spread the business as wide as they can due
to the economic woes, and said this will go
a long way in helping Bahamians in these
difficult economic times.

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PICTURED (LEFT TO RIGHT) ARE: TANYA HANNA (deputy chairper-

son/director), Anita Bain (treasurer/director), C. Dianne Bingham (chair-

person/director), Morganna Thurston (STEP/GAM Foundation Scholarship

Recipient 2008), Ricardo Taylor (STEP/GAM Foundation Scholarship

Recipient 2008), Paul Bailey (client director, GAM), Karen Haven (secre-
~ tary/director ), Cecil Ferguson (director), Nicole Pratt (director ).

The Society of Trust and
Estates Practitioners (STEP)
Bahamas branch joined forces
with GAM to honour two schol-
arship recipients.

lunch for the STEP Bahamas
branch took place at the British
Colonial Hilton and was attend-
ed by 60 members.

Paul Bailey, GAM’s client
director, gave a presentation
entitled A Trustee’s Guide to
Hedge Funds.

Mr Bailey provided STEP
Bahamas members with an
overview of the different types
of hedge funds, and the issues

Mr Bailey presented the
GAM & STEP Bahamas Annu-
al Scholarships.

The two organisations pro-

to two deserving individuals to
pursue the STEP Foundation
course, an introduction to the
STEP Diploma qualification.



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.






The annual GAM-sponsored |

for trustees when using hedge.
funds in a trust's portfolio. — ,:

vide two scholarships annually.

~~
THE TRIBUNE

~ Bank unveils

Commonwealth Bank yes-
terday bucked the economic
gloom by unveiling a 7.6 per
cent net income increase to $38
million for the first nine
months in 2008, its chairman
attributing the results to “pru-
dent management” that has
kept total impaired loans to
just 1.4 per cent of the total
portfolio.

T.B. Donaldson said total
assets had topped $1.25 billion





aM DYovnFU eRe)

at the September 30, 2008, .

a

quarter-end, with net income
up from $35.4 million for the
same period last year.

Commonwealth Bank’s
assets stood at $1.25 billion,
with cash and liquid assets
standing at $218 million, up
$26.5 million from December
2007 levels.

Capital ratios remained well
above regulatory requirements,
with total equity exceeding
$212 million, up $11 million
since December 2007.



“Our principles of safety and
soundness underlie our pru-
dent management of the bank.
Thus our conservative policy
of consumer loan write-offs,
and aggressive provisioning
policies, results in a strong bal-
ance Sheet,” said Mr Donald-
son.

“The strength is reflected not
only in loan loss provisions
over 150 per cent of impaired
loans, but the total impaired
loans at 1.4 per cent of the loan

: Banks await mortgage
_ assistance proposals

-@ By CARA BRENNEN-
BETHEL .
Tribune Business
Reporter —

The Clearing Banks Asso-
ciation (CBA) yesterday said
it was eagerly awaiting further
details of the Prime Minis-
’ ter’s proposal to assist strug-
gling homeowners with their
mortgage payments.

- Luis Ochoa, the Associa- .

tion’s president and Citibank

country manager, told Tribune

Business that while the banks

did not feel they were in crisis

mode, they welcomed any

assistance that can be given to
. their customers.

“Basically, we have seen a
slight change and deteriora-
tion in the amount of fore-
closures and delinquent pay-





















PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, EROL BONNEFIN of
| #102 East Street, intend to change my name to EROL

SIMONVIL. If there are any objections to this change
of name by. Deed Poll, you may write such objections
| to the Chief Passport Officer, PO.Box N-742, Nassau,
Bahamas no later than thirty
| the publication of this notice.



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

ments because of what has
been happening, but I think
all the banks would agree that
we have not reached the point
that we are experiencing a cri-
sis,” Mr Ochoa.

Still, he said the Association
welcomed any proactive mea-
sures the Government would
take to assist Bahamians and
keep the economy going dur-
ing this period.

Mr Ochoa said commercial
banks have not yet been noti-

fied by their regulators, the: —

Central Bank of the Bahamas

and the’ Ministry of Finance,

about the details of the mort-
gage assistance programme,
but said they were looking for-
ward to learning about it.
Michael Munnings, a Sco-
tiabank (Bahamas)
spokesman, said in a state-



(30) days after the date of



ment: “In these challenging
times, such aid or financial
relief to consumers would help
to reduce their discomfort of
not being able to service debt
repayments in a timely man-
ner, or at all.”

He added that in recent
months, borrowers have beén
experiencing challenges with
loan repayments.

“We continue to work with
- and encourage - our cus-
tomers and prospects to: care-
fully assess their spending
habits, focus on cost cutting
measures, and avoid expendi-
ture on nonessential items in
this time,” Mr Munnings said.

“To this end, we continue
to promote savings-in our
external marketing messages
in order to encourage all con-
sumers to make every effort
to establish regular savings
habits as a part of their normal
budgeting routine. It's such
savings that provides a finan-
cial cushion to help soften the
impact that such times can
have on consumers and their
households.”

In a statement yesterday,
Royal Bank of Canada said
that given the recent volatility

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.

of financial markets in the
USand throughout the global -
economy, it wanted to reas-
sure Bahamian clients of its
financial stability.
“RBC Royal Bank of Cana-
da and RBC FINCO in the

Caribbean consist of a strong

network of branches and sub-
sidiaries throughout the region
and are a key part of Canada’s
largest bank, RBC.

Canada's banking system
has been recently rated num-
ber one for safety and sound- .

ness in a global competitive- .

ness report by World Eco-
nomic Forum,” Royal Bank
said.

The bank said that Royal
Bank's capital ratios and
senior debt ratings were
among the highest globallyin
the banking sector, and it was
maintaining a proactive
approach to risk management.

This includes stringent cred-
it reviews, approval, limit and
monitoring processes, as well
as practices that limit expo-
sure to any single name and
any single sector.

FRIDAY, OCTOBER 17, 2008, PAGE 3B

% profit rise to $38m.

portfolio is well below the
industry average.”

Following a three-for-one
stock split late last year, Com-
monwealth Bank’s stock yes-
terday stood at $7.37 a share.

Mr Donaldson noted that
while Commonwealth Bank
has no exposure in US markets
stricken by the sub-prime
mortgage crisis, “the resulting
impact on the US economy will
continue to challenge our
tourism industry and econom-

ic activity in the Bahamas.

“Despite these tough times
the bank surpassed the third
quarter results of the prior
year, when the economy wasa .
lot stronger. As we look
towards the end of the year we
are optimistic about our 2008
performance. As always, we
have to thank our dedicated
and loyal employees whose
noble efforts allow us to serve
our customers in the way that.
they deserve.”






Notice is hereby given of the loss of Bahamas Government
Registered Stock Certificate as follows:

Maturity
Date Amount
25/04/08 $5,000.00

Interest

_Stock — Rate __ Certificate No.
2007-2011, 6.37500%

42-04]

2ment certificate.

lintend to reque

SAN SAL

Rc
f"

s

mA

SUGAR LOAF

Guest Organizer

Our success depends on your success, Our ability to accomplish
what we set out to do is based primarily on the people we hire-we
call each other “Organizers” We are always focused on our people.
We provide opportunities to develop your skills, further your career
and achieve your goals.

At San Salvador Funtimes, you'll find a commitment to excellence
among our organizers; an emphasis on respect in how we treat our
guest and each other; and a dedication to social responsibility.

We look for people who are adaptive self-motivated, passionate,
creative team players, able to speak and write in French, Italian
and Spanish, If that sounds like you why not bring your talent and
skills to Funtimes? We are growing in dynamic new ways and we
recognize that the right people, offering their ideas and expertise,
will enable us to continue our success.

San Salvador Funtimes is a service provider of Excursion to
CLUB MED, Columbus Isle, San Salvador Bahamas.

Contact: email: everettejackson@hotmail.com



PUBLIC AUCTION

“SATURDAY, OCTOBER I 8TH, 2008

By Order of

‘The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of The Bahamas

L G. STUBBS WILL SELL

WHAT: Fifteen (15) assorted used vehicles as set out in the
schedule below: :
. A leading jewellery retailer is seeking a person for this senior position. 2003 Dodge Caravan - 2000 Toyota Coaster Bus
1996 Ford Explorer 2004 Toyota Coaster Buss
Store Man le Tg 1997 Dodge Stratus 2002 Kitchen Van Trailer
; ; ; 2001 Hyundai H-1 Van 2002 Hyundai H-1 Van
The successful candidates will be responsible for ensuring sales and profits are y y ;
optimized through excellent customer service and proper frainténanee oF inventory 2001 Kia 12 Seaters Bus 1997 Toyota Van (Hiace)
controls according to established company procedures. 2000 Ford Ranger Truck 20006 Hyundai H-1 Van
: 2003 Toyota Coaster Bus (gold/silver)

The ideal candidate should possess: 1978 L800 Ford Boom Truck

1989 Chevy Caprice Hearse
Integrity, Energetic motivational skills and Assertiveness
LOCATION: Police Training College Grounds - Internal Securities Division,

A minimum of 5 years management experience in the jewellery,watch and Oakes Field ,

luxury goods sectors

TIME: 11:00am - Saturday, October 18th, 2008 - Preview and Inspection
from 9:00am Until Auction time at the site.

Strong knowledge of luxury watches, buying, merchandising, selling
-and repairs.

Ability to manage, train and motivate staff.
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.

. ‘ An eye for detail.

Good educational background. Professional Sees (GIA or
u

equivalent) or suitable work experience wo e an asset.
Proven skills in inventory management, merchandising, marketing
and training

Ability to prepare basic accounts, budgets and assist with
-external audits. — Any and all Notices or amendments by Auctioneer on said Auction Day

ae to prepare, maintain, and update operating manuals and whether written or verbal shall supercede this or any subsequent advertisement.
proc ures.

trong knowledge of computers and administration. For further information contact I. G. Stubbs at 322-2028 or

Ability to prepare matters for senior management and lead Fax: 328-8086 or Email: igstubbs@coralwave.com
discussions. or
Bahamas Development Bank
At (242) 327-5780/ 702-5730/702-5724
Or Fax (242) 702-5730 email: BahamasDevelopmentBank.com
LG. STUBBS

The position offers an excellent remuneration and benefits package.
Interested person should submit your resume to:

The Human Resources Manager
O. Box N-623
Nassau, Bahamas
Fax (242) 328-4211



PUBLIC AUCTIONEER - LICENSE #0360
PAGE 4B, FRIDAY, OCTOBER 17, 2008

THE TRIBUNE



VACANCY
FOR A GENERAL MANAGER
WATER & SEWERAGE CORP ORATION

' Under the direction of the Board of Directoy, this position is charged wih the general
‘| management and coordination of all aspectsof the Water and Severage Corporation’s’

| administrative and technical affairs; ensusethat the business of the Corporation is
my conducted on a sound, realisticbasis in accardance with legislation, regulations aa

| policies
Core responsibilities include:

‘Planning and directing the maintenance and development of both business and
_ Operational activities in order to maximizecost savings and growth in line with
- overall business strateges.
Taking action tw procure, maintain and inprove physical assets of the Corporation
including premises, and equipment to standards appropriate for the business
undertakan.

: Developing and muintaining effative operating systems and eee requied
to attain maximum utilizaton for computer technology.

Serving external customers, focusingefforts on discovering and meeting their
needs,

Contribution to he. development of sound busiriess straegies which creates value

for the business.






ROEM,

The job requires wide experience in adninistration, financial acounting and project
management. Must seek opportunities to helptaff develop their skills whilst improving
performance in current role, facilitating pases or full realisation of potatial.

PUBL TROL ELIAS AEA TIE IELL MY OO AS

The job holder must be a strategic leadercapable of orchestrating and leding major
cultural change efforts aimed at substaially improving the use and poductivity of
human asets. Must be a strong advocate ofthe participative management phibsophy
and be capable of poviding strategic leadeship in the corporat-wide transition from
“top-down” management to “employee empowered” processes.

Educational Requirements and Experience

We seek a seasoned Business Executive with a minimum of 10 years senior management
experience with a degree in Business or Engicering; togeher with an MBA, MPA or
Professional Accounting qualification.

LENORE ENE LIT EDI BLY IE ARTE ENGEL IA PLES

We offer a highly competitive base salary abng with attractive fringe benefits package.

PETAR,

Candidates with productive ma:agement experience and a proven ability to set and meet
corporate objectives should said resume and salary requirenents sealed and nurked
private an d confidential to:

se

Chairman
_ Water & S ewerage Corporation
P.O. Box N-3905
Nassau, Bahamas

POPUL LI YRDAI RON SERIE EIT

“On or before 24" October, 2008

Multi-million dollar fe



terminal urged for Nassau

FROM page 1B

servicing the Nassau-Harbour Island-Governor’s
Harbour route by early November, it was vital that
the entrance to Potter’s Cay and terminal matched

the vessel’s quality. Emphasising that Bahamas Fer-
ries was not looking for any financial assistance
from the Government, Mr Rolle said: “We’re going
to put people on a vessel far superior than anything
seen on this side of the world for a long time.

“But there is a huge discrepancy in access and,

location, and the facilities, and the quality of the
vessel and the service we provide. We renew our call
for the Government to give us the flexibility to pro-
vide a proper ferry terminal, either at Potter’s Cay or
some other similar location.” :

He added: “We’re not asking government for any
funding; we'll fund it ourselves, like any good cor-
porate citizen. Our facilities do not represent who we
are, and customers are complaining about it on a dai-
ly basis.”

Essentially, Bahamas Ferries has outgrown its
existing embarkation and departure terminal on
Potter’s Cay and needs to either expand it or devel-
op an alternative site. Also among the company’s
“several concerns” is the unregulated, congested
and sometimes chaotic road entrance on to Potter’s
Cay, which is lined with parked cars and conch stalls.

Mr Rolle explained that with the arrival of the
300-seat Bo Hengy II imminent, Bahamas Ferries
had almost reached the point where “the law of
diminishing returns” kicked in, as it was “beyond the
upper limits of what we can provide”. Potter’s Cay
was simply unable to accommodate any more vessels
or business. Mr Rolle said there were several poten-
tial sites that could accommodate a brand-new, pur-
pose-built ferry terminal in Nassau and provide
tourists and Bahamians alike with an experience to
match their voyage on the Bo Hengy II.

“Ideally, we think Malcolm Park is an option,
Arawak Cay is an option, Potter’s Cay is an option,”
Mr Rolle said. “It [Potter’s Cay] is the least pre-
ferred option for us right now. We have very little

control of the entrance outside the space we occupy.
We want the ability to put a proper terminal there.”

Mr Rolle said that if Potter’s Cay ended up being
the ferry terminal site, it would require a $3.5-$4 mil-
lion investment “which is easily fundable”. Arawak
Cay and Malcolm Park would both require greater
investment as they were sites with nothing there.

_ “I don’t think it will be a deal breaker for us,
what the cost will be,” he added. “For this industry
to grow, there are fundamental requirements, and
one is adequate space, adequate facilities, which
will be consistent with customer needs and what
our business is.”

Meanwhile, Bahamas Ferries is investing around
$450,000 in improvements to the existing docking
facility in Harbour Island to accommodate the Bo
Hengy II. “We’ve gotten the approval to go ahead
and start the dredging, which is the main part. of
the work to provide access to the dock,” Mr Rolle
said. “That is our primary focus right now.

“The vessel is on its way now, and should be in
Mexico very shortly. Then it’s a short trip over from
Vera Cruz in Mexico, where our crew will get on
board.”

The Bo Hengy II will arrive in the Bahamas in the
last week in October, and likely begin service in
early to mid-November 2008, giving the company
time to complete the Harbour Island dredging and
pile laying. Upgrades to bathroom facilities are also
included, with the dredging set to start “within the
next week or so”

“The boat will ‘have to sit there for a while,” Mr
Rolle said of the Bo Hengy II. “We’re already run-
ning way behind schedule and are over-budget.”

When asked what passengers could expect from
the Bo Hengy II, Mr Rolle said: “They can expect an
experience unlike anything they have seen in trans-
portation, and marine transportation, in this part
of the world for a while.”

He added that the vessel’s facilities would be sim-
ilar to those found on cruise ships, with a Voyager
lounge on the upper deck for first-class passengers,
featuring satellite TV and leather seats on the daily
trip to Harbour Island.

Key Freeport marinas in court receivership

FROM page 1B

with $12 million in working capi-
tal - over and above the initial
purchase price - to fund its oper-
ations.

This, Mr Olsen is alleging, nev-
er happened, and without that
capital New Hope ended up
defaulting. Essentially, the core
allegation in their arguments rests
on the claim that any responsi-
bility for the loan default lies with
Mr Gonzalez himself.

Mr Olsen and New Hope

Tribune Business also under-
stands that another issue in dis-
pute is whether Mr Gonzalez was
ever a shareholder in New Hope
and the Grand Bahama projects.
Mr Gonzalez and his team are
arguing that he never was, while
Mr Olsen’s attorneys are alleg-
ing just the opposite.

The legal dispute, which has
the potential to run for many
months, risks inflicting further
damage on Grand Bahama’s
already battered economy. It has
yet to recover from the 2004 hur-
ricane season and subsequent

That continuing battle, coupled
with the fall-out from the global
credit crunch and economic
downturn, has negatively impact-
ed proposed projects for Grand
Bahama, such as Morgan Stan-
ley’s Barbary Beach develop-
ment, the Raven Group project
and others.

The island’s already-faltering
economy now seems set to be hit
even harder by the effects from
the latest Wall Street meltdown,
meaning that the battle over New
Hope ‘Holdings’ assets, which
could possibly tie them up for

Holdings are being represented.
by Brian Simms, head of litiga-
tion at Lennox Paton, and
Matthew Paton.

internal ownership feud at the
Grand Bahama Port Authority
(GBPA).

Freeport and Grand Bahama
need just now.

ms

NOTICE

a NOTICE is hereby given that NATASHA TELSON
of He ; of BAHAMA AVE., P.O. BOX N-10326, NASSAU,

a 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
10TH day of OCTOBER 2008 to the Minister responsible
for Nationality and Citizenship, P.O.Box N- 7147, Nassau,

Bahamas.

TOYOTA

Legal Notice

Notice

SHALE SHIPPING LTD.
(In Voluntary Liquidation)

Creditors having debts or claims against the above-named
Company are required to send particulars thereof to the
undersigned at Ocean Centre, Montagu Foreshore, East |
Bay Street, P.O. Box N-3247, Nassau, Bahamas as_ sole
Liquidator on or before the 31st day of October, 2008. In.
default thereof they will be excluded from the benefit of ay
distribution made by the Liquidator.

Dated the 15th day of October, 2008

LYNDEN MAYCOCK
LIQUIDATOR



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The dissolution of the said Company commenced
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Dissolution were submitted to and registered by the

Registrar General.

The Liquidator of the said Company is Lynden D.

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ET a Se
Resort land deal is ‘terminated’

FROM page 1B

“The vendors have changed '

their minds,” Mr Mittens told
Tribune Business on the San
Salvador land purchase.

“We were making what we
considered to be the right
progress, and they terminat-
ed the transaction.... We had.a
transaction in place, [deposit]
payments were made, We
asked for some flexibility
because of the [global eco-
nomic] situation, which they
were not willing to do.”

Mr Mittens then said the
vendors told him that they had
been approached by other
parties offering a higher price
than Montana Land
Resources. |

Mr Mittens is the principal
in Montana Holdings, a sepa-
rate company from Montana
Land Resources, which is
attempting to develop the

$700 million Rum Cay Resort .

Marina and purchasing that
island’s existing Sumner Point
Marina.

The Rum Cay project, like
many other similar mixed-use

resort developments in the.

Bahamas, has been impacted
by the global credit/liquidity
crunch.

This has caused debt financ-
ing for these projects to all but

dry up and, together with the
US and European economic
downturn, means mixed-use
resort projects have also been
starved of revenues and cash
flow generated by real estate
and lot pre-sales.

“Because of the current sit-
uation, we have to hold that in
the bottom drawer,” Mr Mit-
tens told Tribune Business of
the proposed San Salvador
project.

“Let’s sort Rum Cay out |

_ and then we may go back to
that.”
Apart nom the environ-



“Management is doing what it can to
expedite the completion of Montana
Holdings audited financial statements,
and expect to file its audited financial
statements for fiscal 2007 and fiscal
2008 in the near future.”

-mentally-friendly boutique Bay Peninsula on the island

resort and spa, Mr Mittens
and his partners in Montana
Land Resources, which has
now been renamed New Eng-
land Land Resources, were
also planning to construct a

low-density residential com- -

ponent and small, commercial
marina for resort clients in the
ecologically-sensitive Pigeon
Creek area.

Filings. submitted to the
Securities & Exchange Com-
mission (SEC) by Integrated
Data Corporation, a 20 per

. cent shareholder in Montana

Holdings after making a $13
million investment, indicated
that New England Land
Resources had paid a $1 mil-
lion deposit on the San Sal-
vador land.

In its latest SEC filing, sub-

mitted before the transaction .

was. ended, Integrated Data
Corporation said: “Continu-
ing with our land and resort
investment strategy and with a
desire to diversify our hold-
ings, on July 30, 2007 we
entered into an agreement
with Montana’ Land
Resources to provide it with
an ongoing loan facility of up
to $4 million convertible at
our sole option pro rata into
up to a 20 per cent equity
interest in the company.
“Montana Land Resources,
which has since changed its
name to New England Land
Resources (NELR), holds a
purchase agreement for Snow

of San Salvador in the
Bahamas through its wholly-
owned subsidiary, Columbus
Island Ltd, and is a partial
owner and operator of Sumn-
er Point Marina on Rum Cay.

“NELR holds an option to

buy out its partner in Sumner

Point Marina and to acquire

‘ more property surrounding

the marina.’

And Integrated Data Cor-
poration added: “Funding of
NELR continues under the
NELR loan facility, and on
November 27, 2007, the
NELR loan facility agreement

was amended by mutual con-

sent to increase the maximum
loan amount from $4 million
to $7 million and upgrade the
associated convertibility terms
from a pro rata 20 per cent
equity interest to a pro rata
60 per cent equity interest.

“The current loan balance
under this loan facility as of
August 1, 2008, including
interest, is approximately
$6.996 million.”

Meanwhile, Integrated Data
Corporation earlier this month
announced that it was late in
filing its audited financial
results for 2007 and 2008 with
the US stock markets and the
SEC due to delays in obtain-
ing audited statements from
Montana Holdings.

_ It said: “Integrated Data
Corp is awaiting audited
financial statements from an
affiliate, Montana Holdings,

‘Uncertainty over hotel’s
short-term ‘ ‘closure’

FROM page 1B

It is quite possible that with occupancies and room rates
being relatively low, RIU management has decided to use the
period to carry out much-needed renovations before demand

picks-up again.

The Spanish RIU hotel chain grew from a small family busi-
ness to an expanding international chain.
The company was founded in 1953 with a small hotel in Mal-
-lorca, and now has 103 establishments.
RIU Paradise Island has 379 guestrooms. It was acquired by
the Spanish chain in 2005 from the previous owner, a Houston-
based private equity fund called The Wedge Group.

Legal Notice
NOTICE

_DABE HOLDING.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies. Act,

2000, DABE HOLDING LTD. is in dissolution as

of October 14, 2008.

International Liquidator Services Inc. situated at 35A
Regent Street, PO. Box 1777, Belize City, Belize is the

Liquidator. -

LIQUIDATOR.

Legal Notice
NOTICE

NEW ALASKA LID.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business Companies Act,

2000, NEW ALASKA LTD. is in dissolution as of

October 14, 2008.

International Liquidator Services Inc. situated at 35A
" Regent Street, P.O. Box 1777, Belize City, Belize is the

Liquidator. ~

LIQUIDATOR



TT

in which it owns a 20 per cent
interest.

“Without these indepen-
dently audited financial state-
ments, and given the relative
magnitude of IDC's invest-
ment in Montana Holdings
($13 million), it is highly

_ improbable that the company

can receive an unqualified
opinion letter regarding the
company's financial state-
ments from its independent
auditors.

“Management is doing what
it can to expedite the comple-
tion of Montana Holdings

audited financial statements,

and expects to file its audited
financial statements for fiscal

2007 and fiscal 2008 in the

near future.”

NOTICE is hereby given that NEW HOLDING a :
| COMPANY LIMITED, a company incorporated | «. .
under The Companies Act, has on the 2nd day of |

October, 2008 been placed into receivership by the * ”
Supreme Court upon the Ex-Parte Summons filéd on'}>:

30th September, 2008 and. be advised that’ PHILIP |:.:
GALANIS of HLB Galanis Bain has been appointed a

the Receiver and Manager of the property and assets
the company. ; i



A leading retailer is skit applications for the position of:
POORRBEE EI STENT ACCOUNTANT

REQUIREMENTS |
Applicents should possess

the following:

Experience in the field of Accounting or Bookkeeping
An energetic personality
Strong Interpersonal Skills

Good Organizational

Skills

Computer Litetacy (Microsoft Office Suite)
Willingness to work flexible hours and weekends
Experience i in Payroll prepatation, would be an asset

RESPONSIBILITIES

The successful candidate will be responsible for aneplele preparing ~éhacies,
maintaining general ledger with QuickBooks, Bank reconciliation, payment of salary
maintain and reconcile current payable and receivable listings, oe credit cards a
spteadsheets, resolving accounting queties. . dl

REMUNERATION

We offer in retum an excellent remuneration i eta inclusive of medical and life

insurance.

Intetes

ted persons please forward your resume to:
The Human Resources Managet
P.O. Box N-623. ~
Fax: (242) 322 - 6607

Email: hii@hucarnesaitimited.com

NAD

Nassau Airport

Development Company

Bd



The Nassau Airport Development Company (NAD) is about to embark ona transformation of the
Lynden Pingiing: International Airport in Nassau, The Bahamas.

The design will evoke the spectacular beauty of The Bahamas and the mission of NADi isto 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 reviews? pasa”
_ impending expansion plans. The airport will be expanded | in 3 stages over ar the next 5 years and a
will generally include:

— Stagel
New US Terminal. & Pier 247, 000 sq. ft;
Approximately 1,000,000 sq ft of new Asphalt Apron;
New parking facilities and roadways;

e

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 Acton 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

We look forward to seeing you there.


a Oe eee
BISX viewing global stock market crash ‘as opportunity’

FROM page 1B

“We see some of the move-
ment and things happening in
these jurisdictions that reinforce
our thinking. We want to push
that thinking to the next level
and the BISX GLOBAL mod-
el, which we believe is the right
way to g0.°

The BISX GLOB AL model,

he added,

“was designed to be
independent of jurisdictions”
such as the US, which was expe-
riencing the brunt of the global
stock market fallout.

“We are positioning ourselves
to capitalise and move forward
aggressively once there is a set-
tling of the markets,” Mr Davies
said. “Right now, there’s a con-
fidence issue in the US, and

Legal Notice

NOTICE

MT. HOLLY PLAINES LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named Company
is in dissolution, which commenced on the 26th day
of September 2008. The Liquidator is Argosa Corp.
Inc., RO. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

HOPE FOUNTAIN LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named

Company is in dissolution, which commenced on the

14th day of October 2008. The. Liquidator is Argosa
~ Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.

(Liquidator)

4) cer

Legal Notice

NOTICE

EXPRESS EQUITY CORPORATION _
(In Voluntary Liquidation)

Notice is hereby given that the above-named’
Company is in dissolution, which commenced on the
10th day of October 2008. The Liquidator is Argosa
‘Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

S2wk-Hi
Abaco Markets



“Securit”

Bahamas Property Fund
Bank of Bahamas

Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings

Commonwealth Bank (S1)

Consolidated Water BDRs

Doctor's Hospital

Famguard
Finco

FirstCaribbean Bank

Focol (S)

Focol Class B Preference

Freeport Concrete

ICD Utilities
J. S. Johnson

Premier Real Estate
BIS LISTED DEBT SECURITIES - (Bonds ade: on a Pe

Securit

1000.00
1000.00
1000.00
1000.00

1000.00
1000.00
1000.00
1000.00
S52wk-Hi 52wk-Low
14.25
6.00
0.20 RND Holdings

29.00 ABDAB
14.00
0.40 RND Holdings

52wk-Low

Fidelity Bank Note 17 (Series A) +
Fidelity Bank Note 22 (Series B) +
Fidelity Bank Note 13 (Series C) +
Fidelity Bank Note 15 (Series D) +

Symbol
Bahamas Supermarkets
Caribbean Crossings (Pref)

Bahamas Supermarkets

Fund Name

2.20
2.77
8.06
12.00
11.60
5.20
1.00
0.40
8.20
11.00
10.00

Symbol
FBB17
FBB22
FBB13
FBB15

Bid &
14.60
6.00
0.35

Last Sale

6.25
0.40

that’s a time issue. It’s not going
to be solved by money.

“Until that turnaround is”

seen, I’m not in the business of
putting estimates on the time-
line, because right now that’s a
bet.

“Once things settle down, we
will target ‘the institutions and
make headway. We’ve made
good progress so far. We will

be very prudent and very deter-
mined in our approach, and
move forward in a very tem-

-pered and measured way.”

The BISX GLOBAL joint
venture is designed as a busi-
ness origination unit, which will
seek to marry leading invest-
ment houses with cutting-edge
products.

The Bahamian exchange’s

Legal Notice

NOTICE

~ACES HIGH CORP.

(In Voluntary Liquidation)

Notice is hereby given that the above-named.
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

NIEDERBIPP S.A.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
14th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

~-ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

GOLDEN ECLIPSE LTD.

(In Voluntary Liquidation)

Noticeis hereby given that the above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., PO. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



EG CAPITAL

MARKET.
BROKERAGE & ADVISORY SERVICES

‘7. ‘64
0.89
3.49
2.37
14.14
2.85
7.21
2.61
2.77
8.06
12.00
11.60
5.20
1.00
0.40
8.20
11.00
10.00

12,750

T%

Prime + 1.75%

T%

sasioasdedeesueassueiconSunetdaenane taaioaee Prime + 1.75%
Fidelity Over-The-Gounter
Ask $

Colina Over-the-Counter Swouritiog |

38.95
13.80
0.45

NA_V

1.3371 1.2741 Colina Bond Fund 1.3371
3.0250 2.8869 Colina MSI Preferred Fund 3.0250
1.4119 1.3544 Colina Money Market Fund 1.4137
3.7969 3.5388 Fidelity Bahamas G & | Fund 3.6090
12.4456 11.8192 Fidelity Prime Income Fund 12.4456
100.0000 100.0000 ,CFAL Global Bond Fund 100.0000
100.9600 99.9566 CFAL Global Equity Fund 100.9600
41.0000 1.0000 CFAL High Grade Bond Fund 1.0000
§10.5000 9.1958 Fidelity International Investment Fund 9.1958
1.0184 1.0000 _— FG Financial Preferred Income Fund 1.0184
1.0119 1.0000 FG Financial Growth Fund 1.0112
1.0172 1.0000 FG Financial Diversified Fund 1.0172
BISX ALL SHARE INDEX - 1¢ 1,000.00






32wk-Hi - Highest closini

De
DI 4
Breve cs
(5) te
Ht) - stort 6

°
rok Split - Effective Date 7/11/2007

x 3 “TRADE CALL: COLINA 242-602-7010 | FIDELITY 242-350-7764 [FO CAPITAL MARRETS wage

MARKET TERMS.

YIELD - last 12

- Bid $ - Buying ¢
Ask % - Selling pric

- Last traded over-the-counter price





rice

0.55

EPS omMpany'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

40.85
14.80

aa 00
0.55

BISX Listed Mutual Funds
YTD%



Last 12 Month

3.49 4.95
0.81 4.78
2.81 4.21
-4.95 3.62
4.29 5.78
1.01 1.01
-12.42 -12.42
1.84 1.84
1.12 1.12
1.72 1.72

th dividends divided by closing price
1 Colina and Fidelity
of Colina and fidelity





- Trading volume of the prior week

19 October 2017
19 October 2022
30 May 2013
29 May 2015



30-Sep-08
31-Aug-08
19-Sep-08
30-Sep-08
30-Sep-08
31-Dec-0O7
30-Jun-08
31-Dec-O7
30-Sep-08
29-Aug-08

29-Aug-08 ~



SAOGO | CALE



partner in the venture was set to
be a consortium of ‘investment
banks and asset managers,
although those plans may have
been disrupted somewhat by
the stock market upheaval.

When announced, the joint
venture was to combine product
development and investment
specialists around the world .to
use the Bahamas, and employ
BISX as the business/transac-
tion platform.

Mr Davies had been working
on the initiative with David
Philipp, a Bahamian permanent
resident and global financial ser-
vices and investment specialist
of 15 years standing, on devel-
oping BISX GLOBAL.

‘Mr Philipp said global trends
had spurred the joint venture’s
creation, chiefly the demands
for greater regulation and trans-
parency, which were leading

THE TRIBUNE

investors to push for products to
be listed on a well-regulated
exchange.

Meanwhile, Mr Davies said
he and BISX executives were
“laying the groundwork for a
number of other initiatives com-
ing on stream before the end of
the year”, including plans for
the listing and trading of gov-
ernment debt securities on the
exchange.

“Part of the strategy is deal-
ing with the issue of listing and
trading government debt,” Mr
Davies said.

“I’m laying the groundwork
to enable us to address the trad-
ing and listing of government
debt, and that is one of the
things we hope to announce and
talk about before the end of the
year.”

Legal Notice

NOTICE

MEIKLE HOLDINGS INC.

(In Voluntary Liquidation)

Noticeishereby given thatthe above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

CALLEREALCO INC.

(In Voluntary, Liquidation)

Noticeis hereby given that the above-named Company
is in dissolution, which commenced on the 25th day
of September 2008. The Liquidator is Argosa Corp.
Inc., PO. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

ADNIL MANAGEMENT LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
10th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

BLUE OCEAN SPRINGS LTD.

(In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC.
(Liquidator)



PINES EAT OE MRE ACAI TST
FRIDAY, OCTOBER 17, 2008, PAGE 7B



BFSB names finalists for its Student Award

Legal Notice

“NOTICE

BARAKI LTD.

| (In Voluntary Liquidation)

Notice is hereby given that the above-named
Company is in dissolution, which commenced on the
15th day of October 2008. The Liquidator is Argosa





Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

ARGOSA CORP. INC. .
(Liquidator)

. \ . Legal Notice
NTRS Wa YA Dominique Gilbert Kemp Colour Garnel Leo
The Bahamas Financial Working Group and the vices industry. “In this NOTICE

Services Board (BFSB) Central Bank of the. regard”, she says, “partic-

has announced the names
of the five finalists for the
annual Financial Services
Student of the Year award,
selected from the 2008
Graduating Class of the

Bahamas.

The focus is on disci-
plines such as economics,
banking and finance, law,
accountancy and computer
information systems.

ular attention is placed on
highlighting the impor-
tance of quality human
resources to the industry,
with initiatives such as the

MOONRIVER INTERNATIONAL

HOLDINGS INC.
(In Voluntary Liquidation)

College of the Bahamas. ae nee ope ae Student Award.”
Inancla entre Focus .
The 2008 FSI Student of oe ts
They are: (FCF) programme seeks 4) Voear will be. Notice is hereby given that the above-named
Kershala Takida Albury to integrate the industry 7 Bisthen. fae : ;
~BBA Accounting with the wider communi-. - announced at BFSB’s FSI Company is in dissolution, which commenced on the

Ryan V.A; Albury - AA
Law & Criminal Justice

Domonique Gilbert —

ty, and its various initia-
tives address issues such as
the challenges impacting

Excellence Awards Ban-
quet on October 25, it also
will announce the Execu-

. BBA Accounting the sustained growth and tive of the Year, Profes-
Sanchina Kemp - BBA development of the indus- aiid ae
Accounting try. sional of the Year, Achiey-

Garnel Leo —- BBA
Computer Information
Systems

The ‘student award is
sponsored in collaboration
with ‘the College of the_,
Bahamas, the ProfessionAl””
Industry Association

BFSB’s chief executive
and executive director,
Wendy Warren, said an
integral part of the FCF’s

. overall objective, was-to,

__attract and maintain qual-
ified professionals in the
Bahamian financial ser-

er of the Year — as well as
the Financial Services
Development and Promo-
tion Award. This year, too,
BFSB will recognise a
Recipient for the Lifetime
Achievement Award.

Dewgard Plaza
Madeira St Palmdale

| or
y and Art

Olde Towne - Sandyport

Tel: (242) - 327 - 8718/9
Email: renascence@coralwave.com

Jill Redgrave BA ( Hons), MRCSLT

Speech and Language Therapist

Specializing in:

+ Speech and Language Therapy - Pre-School and
School Aged Language Delays and Disorders,

Mark Redgrave Msc. BA (Hons|

Psychotherapist / Art Therapist

+ Interpersonal Problems, Depression, Anxiety, Sexual Abuse,

Specializing in

Couple Counseling and Group Therapy, Child and.

Adolescents.

BYE rN Iry

| 1980 with two (2) Volvo Diesel Engine:

14th day of October 2008. The Liquidator is Argosa
Corp. Inc., P.O. Box N-7757 Nassau, Bahamas.

_ARGOSA CORP. INC.
(Liquidator)



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
schedule below:

WHAT:

MAKE/MODEL NAME - LOCATION
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

Potters Cay
Potters Cay
Potters Cay

Coral Harbour -
Arawak Cay
Potters Cay
Owner/Andros
Owner Possession

Der Berry’s
Shabak
Liminos

M.V. Buddy
Miss Quality °
Equality
Lady Kristy

Sweet Charlotte Owner Possession,
Morgan Bluff
Andros

Bradford Marine

Freeport

a

LOCATION: Potters Cay Dock - Nassau, The Bahamas

122’ Single Screw Steel Hull (1960) M.V. Lisa III

TIME: 11:00am - Saturday, October 2sth, 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 L. 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 ,
LG. STUBBS

PUBLIC AUCTIONEER - LICENSE #0360


PAGE 8B, FRIDAY, OCTOBER 17, 2008 THE TRIBUNE






COMIC PAGE

CALVIN & HOBBES

SHEESH, IT'S TWO IN THE CALNIN PROBABLY JUST ATE
MORNING, WHY Do KIDS ALWAYS} | TOO MUCH DESSERT. IF HE'S
FEEL SICK AT TWO IN THE GOING TO GET ME UP AT
THIS HOUR, HE'D BETTER









HONEY, PIPE
DOHN. I'M
TRYING TO










THERE SHE 1S!
COME ON, SNOWFLAKE...
TIME TO GO, HONEY!



Sudoky 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 eaché
3x3 box contains the same number only once. The difficulty
level of the Conceptis Sudoku increases from Monday to}
Sunday ;

LEAVING!












IN THAT CASE, MS. MAGEE.
PERHAPS YOU CAN PROVIDE
SOME ANSWERS 2









AND I WON'T ALLOW

THE LIES OF SOME
YOU RE WRONG, DETECTIVE COLLINS. | MURDERING ADDICT

ALAN COULDN'T HAVE BEEN DEALING] to SULLY THE NAME
DRUGS.” : OF THIS GALLERY.”

BS EPV2WY Hizion Zoor®

wy Jus. DALLYIN IF. COM





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

ELMO, DO YOU EVER DO
HOMEWORK JUST FOR THE
FUN OF IT?




MR. B., OO YOU EVER SORT
THROUGH YOUR BRIEFCASE
WHEN YOU GET HOME
FROM WORK?

COULDN'T
HAVE BEEN ANY
CLEARER





“WHY WOULD ANYBODY GIVE AWAY A PERFECTLY
GOOD PUPPY2”



Difficulty Level * *.



Best described as a number crossword, the task in Kakuro is ta
fill all of the empty squares, using numbers 1 to 9, so the sum o
each horizontal block equals the number to its left, and the sury
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HOW COME SANTA CLAUS,
THE EASTER BUNNY AND
THE TOOTH FAIRY ALL DO
THEIR WORK UNDER THE





GO AHEAD, MARVIN...
ASK "GOO GOO’ ANY

BUILDING MY WEB SEARCH
QUESTION THATS

ENGINE FOR BABIES !!



L_ON YOUR MIND

















VIP You PUT NOPE. \T FLEW
A BEE STUNG ANYTHING AWAY BEFORE | ion |
MY FINGER: ON IT 7? I HAVA CHANCE :
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totally won position which forced

Y He SAYS (TS NOT FAIR!

WATCHING /





























































26 Recently, 27 Askew. 1
Down: 2 Hilarity, 3 Play safe, 4
Remote, 5 Heads, 6 Staid, 7 Fluke,
12 Yet, 13 Why,.14 Syllabus, 15
Patience, 19 At will, 20 Azure, 21
Smack, 22 Faint.

Suppress, 27 Agate.

Down: 2 Champion, 3 Reveille, 4

Scrape, 5 Bushy, 6 Sloop, 7 Swine, 12
_ Nee, 13 Baa, 14 Stocking, 15

Sunlight, 19 Thrush, 20 Smash, 21
Props, 22 Shore.

COVER OF DARKNESS?




20 Attempt (5)
21° Unduly protracted (7)





Difficulty Level *



Black to resign. For a due, the

move can only fatally weaken his



Bring back to mind
(6)

Cautious (5)
Shabby (5)

9 Stay out of the lime-
light (4,1,4,4)

16

18













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



THE NEIGHBORHOOP WATCH inning idea invoh wal XG
WAS SUPPOZED TO BE re Geena tag cheseniat va oa
4 for a position where a player on the

have to use a little ingenuity to help
him get home safely.

Consider the present deal from a
rubber-bridge game where South
landed in four hearts instead of an
ice-cold three notrump (he was try-
ing to score his 150 honors). West

. started with the K-A of spades, East

signaling with the nine of diamonds

eisis{ai tee
8/3/2|5/4|7|9/6/1|
7/1/4]9/6[8|2/ 3/5)
2|8|1)4/9/5/6|7/3
ee
6|4|9]8|7|3/5/1\2
BEreaar
4/2|5|1/3/917/8/6|
[1/9/8]7/5/6/3/2/ 4]













yt fy own situation. Can you spot White's The HOW many words of four
PY, Target See ane can you eee
Si winner: om e letters shown here
‘ END y O iy Ha el taeeikaleir uses In making a word, each letter
AY Ae > Wh er X the Staunton Memorial opens at words In may be used once only. Rach
es eNO} \ Simpsons in the Strand. The event is must contain the centre letter
poll y: di a rare chance to watch England's top the main and there must be at least one
A] imi LUN pair Michael Adams and Nigel Short hody of nine-letter word. No plurals.
z Zo fo Re in action. Spectator entry is free, and TODAY'S TARGET
VoEO pe. the games are displayed in the bar. Chambers Good 10; very good 15; *
10-14 ©2008 by King Features Syndicate, inc. World rights reserved LEONARD BARDEN ist excellent 19 (or more).
- Century Solution tomorrow.
; SATURDAY'S SOLUTION
ae Dictionary = Scid aide aimed amid amide
(1999 cadi dice dicey dime iced
CRYPTIC PUZZLE eition) -—-dea. IMMDIACYmaia
eats SI Bie
midi mime mimed mimic
Across Down ; t :
1 He leaves his country to 1 Transplanted trees (5) REE Reese Eeee
be protected by another 2 It meant no el || | | | ze eA ra
cae uae ee Pt a
5 It comes straight old gunner (5,2,3,3)
from the horsé’s 3 She’s worshipped eal iy a ze
mouth (5) by a man in the
8 Fixed rule deciding priority gallery (7) , .< ; 3
in a queue? (8,5) 4 Resent having to change Necessity: The Mother of Inventio f
9 The inclusion of two similar one’s name (6)
points produces a titter (5) 5 No, | am wrong, it’s a girl West dealer. on the second spade. West then ar
i i Both sides vulnerable. tinued with the queen of spade
10 Expert required if skull is (5) : a
: : ; NORTH ruffed by South with the ten.
damaged (7) 6 Be fit and agile, perhaps, #109872 At this point, the contract seemad
11. Wrongly push in? It's cor- and tireless (13) ¥753 very easy to make. But when Sout
in hi AJ next cashed the A-K of trumps ard
rect (6) 7 He takes obstacles in his .
: &AKQ East showed out, the previously
12 Presumably he had a good stride (7) WEST EAST promising picture changed drastj-
reason for being late (6) 11 The first head of govern- @AKQI4 . ‘cally. Declarer realized that if he “i R-
: : ¥9842 tinued with the Q-J of trumps, di§-
15 Drain a pipe (7) ment (7) Ww Across Down 2 : :
tise #1064 #K98753 carding a spade from dummy,
17 Just correct (5) 13 Fruit reallocated to Capri ~ 1 Warship's boat (7) 1 Reinvigorate (3,2) 3 : #109642 — would then have no way to score tHe
19 Be acritical MP'in a way? (7) N 5 Audibly (5) OF lil Besount oo eoneseoine trick with the jack $f
Can't be done! (13) 14 Make an effort to reduce 5 . ; : Chun: : ca
: 8 Perversely obstinate (2,5,6) ¥VAKQIJI10 The alternative — a successif
20 Freely traverse the moun- the rent? (6) ou ; #Q2 diamond finesse — seemed high}
tains (5) 16 Practice gives us time (5) > (13) 3 Eternal (7) &J875 ane antes une sn RET
i i 9 Portion (5 4 To last (6 The bidding: given that West had started with the
21 Sign of fever, perhaps, and | 18 We and Ted designed the 2 (5) (6) Seat North. East’ South ‘AcK-OcJ-x of spades and had past
rash (7) . material (5) Wi 10, Retaliatory measure 5 Make sense (3,2) Pass 1¢ .. Pass 294 initially. i
6 Exa ti Pass 2NT Pass 49 But our hero, South, was not bof
| (7) xaggeration (13) Opening lead — king of spades. yesterday, and found a way out of His
Yesterday’s Cryptic Solution Yesterday’s Easy Solution 11 Loathe (6) 7 Detect (7) ; ae difficulties. Faced with the hard redl-
12 Acquire (6) 41. Ardent Some contracts that initially _ ity of the situation, declarer did pl
Across: 1 Score, 8 Scout Law, 9 Across: 1 Shape, 8 Pedestal, 9 appear very easy to play turn out, for the Q-J of trumps, but, on the gst
Salve, 10 Cash down, 11 Spain, 12 Bleak, 10 Hoodwink, 11 Brush, 12 15 Conveyance (7) enthusiast (7) one reason or another, to be much trump, he peceine the ace of dip-
Neb, 16 Collie, 17 Arthur, 18 Eta, 23 Yew, 16 Stifle, 17 Heyday, 18 Tay, ; tougher than was originally antici- monds trom dummy! .
Scale, 24 Marchers, 25 Siege, 26 23 Plain, 24 Zimbabwe, 25 Ebony, YEE) 1a eneele pated, In such cases, declarer may The rest of the play was simple

enough. South next cashed dummy’s
A-K-Q of clubs and then exited with
the jack of diamonds. East won w th
the king, but had to yield the last two
tricks to South’s queen of diamonjls
and jack of clubs.
And so it was that South, by v

good play, made four hearts afd
scored his 150 honors. {

Tomorrow: Unusual defensive play.
©2008 King Features Syndicate Inc.

*







Notice of Sitting for New Providence Port Authority













oN ON EME Qt



GOVERNMENT NOTIC
Ministry Of The Environment
Port Department |

© Charter’



(N-705













~f'o consider Application For Licence Under The Boat Registration B/06/08" Kure Limited “Martin B G
Act Chapter (277) & Commercial Recreational Watercraft Act 2006 P.O, Box N-1019 Mt:
‘ @ Nassau, Bahamas Fibreglass
Notice is hereby given that a meeting of the: New Providence Port Authority Board for vs
New Providence and the Family Islanids-will be held at the Port Administration Building, H
Prince George Wharf on Thursday the 30" October, 2008 at 3:00pm for the purpose of
; granting Licences under The Boat Registration Act Chapter (277) & Commercial ee
7 Recreational Watercraft Act 2006. TRANSEER OF JET JET SKIENEW PROVIDENC 5 On
RS Any Person entitled to and wishing to object to any application should do so at least six REG NO PREVIOUS NEW OWNER ‘CLASS PASS USE
S (6) days before the date of the hearing by submitting his/her’ mbieetign® in writing to the oe OWNER cet aaa celal \ ?
: Board and to the applicant. | oe |
5 NPI S9ATE Adderley Teleford Bain Simeon, D 2 ~ Rental
Persons attending ‘the: meeting on behalf of an applicant must produce written P.O. Box SS-5183 P.O, Box KEEL 115.
authorization at the meeting. ; Nassau, Bahamas Nassau, Bahamas
Applicants for renewals are not required to attend, unless they have received written ~ NP: 163ATE Mephee Keith Campbell Al D- 2 Rental
notification from the New Providence Port Authority Board. ~ Nassau, Bahamas P.O. Box FH-14672 vs
Me, ae . yh Nassau, Bahamas’
The under mentioned persons have applied for grant of licences as specified below :
: . ; NP:621ATW Splash Watersports Reno Watersports © -D 2 Rental
P.O, Box N-7225 P.O. Box SB-51528 ,
Nassau, Bahamas Nassau, Bahamas
COMMERCIAL RECREATIONAL WA SRCRAFT NP:621 ATW Splash Watersports © Reno W alersports dD 2 Rental
NEW OPERATORS LICENCE- NEW PR ‘VIDENCE P.O. Box: N-7225 P.O, Box SB-51528 ; ; ,
b: Nassau, Bahamas Nassau, Pahamas
: NP: 644 ATW | TLV. Watersp. ‘s Bethel Demyeon ,
LICENCE NO. NAME CLASS P.O. Box N-10719 P.O. Box CR-350-D: A ‘Rental
yd Nassau, Bahamas Nassau, Bahamas
NB/110/08 Bethel Robert B. D
P.O. Box CR-55350 NP: 6-46..,W TV Watersports . Bethel Demyeon’ | -D 2 _ Rental’
Nassau,’ Bahamas P.O. Box N-10719 — P.O. Box CR-350 © :
a Nassau, Bahamas Nassau, Bahamas | *
NB/111/08 Cox RomanoW, “D &
~ P.O. Box SS-6863 bd
Nassau, Bahamas
NB/112/08 - Dames Frederick D
: Nassau, Bahamas
‘ me TRANSFER OF OPERATION-NEW PROVIDENCE
- NB/113/08 Deveaux Reno J. D
P.O: Box SB-51'528 < | ; ; |
Nassau, Bahamas) + LICENCE Previous - New Area of APPLICANT CLASS USE
hat Say Way / NO. Area of Operation ; : sags
NB/114/08 Felton Robert L. D Operation 7 \ eee
coh Nassau, Bahamas : a yd can.
_ NB/01/08 Compass Nirvana Sea Thru Adventures D Rental
es ee point. Beach P.Q. Box CB-11325
NB/115/08 ' Gibson Paul D Nassau, Bahamas
General Delivery . ; er
Nassau, Bahamas
NB/116/08 Hanna Roberto A. D
‘ P.O..Box N-9603 2
. Nassau, Bahamas WAL OF BOAT LICK NCE-NEW PROVIDENC
NB/117/08 Sherman Godfrey E. D ot . .
P.O. Box N-3330 REG NO APPLICATION BOAT CLASS PASS USE
Nassau, Bahamas NAME: = a
NB/118/08 Stubbs Sean R. D NP: 6782 Big Crab Limited “Big Crab?” A 6 Tug Boat
P.O. Box 6863 P.O. Box CR-55415 79ft : ‘
Nassau, Bahamas Nassau, Bahamas Steel Hull -
NB/119/08 Saunders Keenan E. dD NP: 6785 Big Scoop Limited “Big Scoop” “A 6. . — Barge
Nassau, Bahamas * _ P.O. Box CR-55415 180 ft
, Nassau, Bahamas ~ Steel Hull
Ree io nh NP: 6784 Big Conch Limited “Big. A. 6 Barge
NEW MASTER’S LICENCE ~NEW PROVIDENCE P.O, Box CR-55415 Conch” reed
ip ates Nassau, Bahamas 261 fi
; Steel Hull
LICENCE NO NAME “CLASS - , :
; , ee Bahamian Inter Island = “M/V East A 80 . Freight
NB/21/08 Brooks Collins B — shipping Co ,Ltd Wind”
P.O. Box 13137 P.O. Box N-323 176 ft
Nassau, Bahamas’ Nassau, Bahamas Steel Hull
_ NB/22/08 Peters Warren C. | B ed
P.O. Box CR-55425: NP: 6765 Betty K. Agencies “M/V Betty Ao. - 0 Freight
Nassau, Bahamas Limited K VI” t
‘ P.O. Box N-35] 204 ft
; Nassau, Bahamas Steel Hull
, a ae : NP: 6764 Betty K. Agencies “M/V Betty : A : ; 0 “Freight |
NEW MASTER’S LICENCE —FAMILY ISLAND Limited K VII” a ,
nt P.O. Box N-351 206 ft
Nassau, Bahamas Steel Hull
LICENCE NO NAME CLASS ~ NP: 6816 Coast Shipline Limited “M/V VI- A 0 Freight
7 P.O. Box SP-64004 Nais”
of NB/05/08 Brown Tracy R. A . Nassau, Bahamas 190 fi
1 - Wemys Bight, Eleuthera Steel Hull
I NB/06/08 Thompson Clement B. A te Pe NP: 2843 Flying Cloud Ltd “Flying B 35 Charter
Wemys Bight, Eleuthera , P.O. Box SS-19052 -Cloud”
: ; Nassau, Bahamas S7It
b Catamaran
: NP: 930 Kerr Marvin “Comtort 8 70 Ferry Boat
: P.O. Box SB-50466 il”
Wl a : Nassau, Bahamas 45th
Ye REG NO APPLICANT BOAT CLASS PASS SE Stapleton
NAME : .
: : ; NP: 6825 Litthe Exuma “Marlin” Ae! 0 * Barge
| =. NB/04/08 Bahamas Tugboat “Lady Hollie” A 3 . Tug Boat Enterprises Ltd 200ft ,
2 > 8
d Company 110 ft P.O. Box CR-S5415 Steel Hull
dg. P.O. Box N-3709 Steel Hull Nassau, Bahamas
0} Nassau, Bahamas : = . ; ;
@ NP: 6824 . Little Exuma “Vega Big A 0 Tug Boat
NB/05/08 Kemp Clint “Lucky Dog” BC. 2 Charter ; Enterprises Ltd Dolphin” ‘
bf P.O.Box CB-13290 18ft mos eit P.O. Box CR-55415 10Stt
Nassau, Bahamas Fibreglass i a Nassau, Bahamas Steel Hull
PAGE 10B, FRIDAY, OCTOBER 17, 2008

NP: 6381

NP:448
NP: 6632
NP: 6620
NP: 739

. NP: 364
NP:6260
NP: 6622 .
NP: 6397

NP: 2416

REG NO.

NP: P.S/4P I

NP: BB] P.I
NP: B.1 P.I

NP: P.S.5 P.I

NP: 26 CRW

“NP: 25 CRW

NP: 24 CRW

NP: 23 CRW

NP: 22 CRW

NP: 21 CRW

NP: 20 CRW

- NP: 19 CRW

NP: 18 CRW

Maycock Etienne
P.O. Box N-10183
Nassau, Bahamas

Michelle Towing
Services

P.O. Box N-3709
Nassau, Bahamas

Michelle Towing

Services
P.O. Box N-3709
Nassau, Bahamas

Michelle Towing
Services .

P.O. Box N-3709
Nassau, Bahamas

Nassau Harbour Pilot
Association

P.O. Box N-3709
Nassau, Bahamas

Nassau Harbour Pilots
Association
P.O. Box N-3709
Nassau, Bahamas

Ro Ro Company
Limited

P.O. Box SB-64004
Nassau, Bahamas

South Eastern Freight
Services
P.O. Box N-10094

Nassau, Bahamas

Taylor Limas & Elvin

P.O. Box SS-6411

Nassau, Bahamas

_Wells Paul

P.O. Box EE-16193
Nassau, Bahamas

APPL.

Nottage Gerran .
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P.O. Box SS-6863
Nassau, Bahamas

Nottage Gerran
P,O. Box SS-6863
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures
- P.O. Box CB-12192 |
Nassau, Bahamas

Sea Thru Adventures
P.O. Box CB-12192
Nassau, Bahamas

Sea Thru Adventures

P.O. Box CB-12192

Nassau, Bahamas

Sea Thru Adventures.
P.O. Box CB-12192

Nassau, Bahamas

“Captain C”
1208
Steel Hull

“Rosa |”
65ft
Steel Hull

“Tug Tiki” °
58ft
Steel Hull,

“Deep See”

53ft

Steel Hull

“Sea Wolf”
43ft
Steel Hull

“ Pilot IIT”
53ft
Steel Hull

“Sea Spirit —

1”
174K

_ Steel Hull

“KCT”
150% |
Steel Hull —

“M/V Fiesta.

Mail”
225ft
Steel Hull

“Ninja”
20
Fibreglass

BOAT

“Parasail”
28ft
Fibreglass

“Banana
Boat”

17ft
Fibreglass

“Banana”
12ft
Tube

“Parasail 2” -
28ft
Fibreglass

“Abaco”
12ft
Kayak

“Bimini”
12ft
Kayak

“New
Providence”
8ft

Kayak

“Long
Island”
git
Kayak

‘San
Saivador”
- Sft
Kayak

“Crooked
Island”
8ft
Kayak

“Acklins”
8ft

. Kayak

“Maguana”
Bf
Kayak.

8ft
Dinghy

“Rum Cay”

2

B.

D

D

60 *t Mail Boat
4 . Tug Boat”
4. Pug Boat
‘4 Tug Boat"
; 4 _ Pilot Boat
s
4 Pilot Boat’
*
x : e
0 ne Freight
a: e
0 Freight
500 ' Passenger!
; * Cargo
9 Charter
&

7 4
6 - Rental
‘;" Rental :
. ; Qe
10 _ Rental
‘ ou
10 Rental
2 “Rental
Lae: a
2 . Rental
2 ‘@- ‘Rental
(20 Rental.
2 “ Rental
‘2 Reatal
2 _ Rental
2 Rental
ew
2 Rental

.

gw?

: “TICENCENO

. . Cartwright Wendell {:

* obus

~ (001

worl

yore

* 0059

-amaxo -demicanos “phar” cuss mass sak
NAME

NANG

Nassau, [Bahamas

Demeritte Demure
P.O. Box CB-13600
oo Nassau, Bahomas

° Glinton Patrick N
P.O. Box SB-50310
Nassau, Bahagnias

Johns Kevin f
Nassau, Bahamas

Mortimer KelviiS
Nude, pene

=

me MeQueen Hasting
P.O. Box N-861
Nassau; Bahamas

¢, Nottage Gerran C
, P.O, Box SS-6863
Nassau, Bahamas

e Storr Rufus F.
P.O, Box FH-14334
: Nassau, Bahamas -

Smith Cartel -.
Nassau, Bahamas

Dp

GELSKD=NEW PROVENCE

bs

°
NP:9IONSB Black Roscoe = “No Name"
“+ 4" BO. Box N-9603 of
: , Nassau, Bahamas ~ Jet Ski
i aay = 28. wy
NP: 911-NSB. Black Roscoe No Name”. “D-
. ¢ a P.O. Box N-9603 Oft Teg
eg _. "Nassau, Bahamas* i Ski
NP: 120.ATE * Castwright Jerome “No Name” D
' - Nassau, Bahamas Sf
oo Jet Ski
‘ _ . e ‘ joes hs 7 :
* NP:-033 ATW: * Campbell Al. “No Name” .
: P.O: Box FH-14672.- 9f =|
ae i Nagsi:i, Bahamas ed Ski.
NP: 667 ATW. - Campbell. Al “No Name” D
P.O. Box FH-14672° 9f eo,
e . Nassau, Bahamas Jer Skin
e “a ; on . . «
_ NP: 634 ATW. Campbell ai “No Name" D
° oT “P.O, Box FH-14672 9 wie
Nassau, Bahasias. JetSkis °. °S,
‘ NP: 630 ATW... Campbell.Al . ; “No Name” B
7 7 P.O. Box FH-14672. 9ft a
. Nassau, Bahamas = Jc Skis
_ NP: 654 ue ‘D+ Square Enterprise "No Name" D-
' . P.O. Box CB13600 9
; a _ Nassau, Bahainas » Jet Ski oa
- NP: 623 ATW. Deal’ s Watersports. “No Name" D-
are P.O. Box Cb-.3600 oft ,
e, Nassau, Bahamas | Jet Ski
NP: 656 ATW. “pe Square. Enterprise - “No Name” D
~ “7.0. Box CB-13600 9ft
* Nassau, Bahamas «Jet Ski feet
NP: 149 ATE, D-Square Enterprises “Mo Name” D
" : P.O, Box CB-13600 Of
Nassau, Bahamas - Jet Ski.
NP: 603 ATW —_-D-Square Enterptises “No Name" _ D-
; P.O, Box CB-13600 Of
“e Nassau, Bahamas . JecSki 2:
NP: 653 ATW 2. Sia Entetprises “No Name” D
- > P.O, Box UB-13600 . 9ft ,
Nassalt, Bahamas. Jet Ski
“NB: 148 ATE ‘DrSquare Enterprises “NoName" D
. P.O, Box CB-13600 “9
Nassau, Bahamas * "Jet Shi
NP: 652 ATW 'D- “Square Emerptises ' “No Name’ 'D.
“ P.O. Box Cb- 13600 9 > *
ms Nassau, Bahamas Jet Sai |
oe an . . . me :
Nee ~609 AW, Glinton Patrick “No Name". D
‘ * P.O. Box. SB-50310 9M |,
eae eee Nassaw, Bahamas: Jet Ski
NP: 167 ATE Glinton Patrick - “No Name”. D -
; P.O. Box SB-50310 OM
: Nassitu, Bahamas Jet Ski,
NPc 166 ATE — Glinton Patrick <“No Name” 0
: | P.O. Box SB:50310 9M
Ni’ssau, Bekins Jet Ski»
NP.608 ATW , Glinton, Patrick - “No Name”
* P.O. Box SB-50310 9s.
’ Nassau, Bahamas » Jeti Ski .
‘NP: 747 RCB ©. Hanna Lionel’, “No Name" ~D,
° ; P.O. Box CB- 11629 © On :
. Nassau, Bahamas . ~ Jet Ski
e . 1
é
of .
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. Rental —

Rental

Rental’ -

Rental”

‘Rental 7
THE, TRIBUNE BUSINESS | : | FRIDAY, OCTOBER 17, 2008, PAGE 11B

























9 “NEW *MASTER?S — "EW PROVIDENCE
NP: 748 RCB Hanna Lionel “No.Name” D 2 Rental | RENEWAL OF MASTER'S — "EW PROVIDENCE
P.O. Box.CB-11629 > 9ft
Nassau, Bahamas Jet Ski NAME GiAss

» LICENCE # AME:

















NP: 749 RCB Hanna Lionel “No Name” D 2 Rental
P.O. Box CB-11629 ft
Nassau, Bahamas Jet Ski 6236 Black Vermal HH. A

- P.O. Box N-8593
Nassau, Bahamas

2 et Soe









7430 Charlton Vereano B
NP: 750 RCB Hanna Lionel “No Name” .D 2 Rental : P.O. Box SB- 51528
' 2 ft Wassau, Bahamas

P.O. Box CB-11629 — 9ft
Nassau, Bahamas Jet Ski












6190 Davis Evra AU,
Nassau, Bahamas



NP: 823 BSC Hanna Lionel “No Name” D 2 Rental
P.O. Box CB-11629 ft















Nassau, Bahamas * Jet Ski ate Devs Nigel S. i
i PG. Box N-9707
NP: 824 BSC Hanna Lionel “No Name” D 2 Rental ° fe | te hers






P.O. Box CB-11629 —9ft

Nassau, Bahamas Jet Ski Deveaux Reno J. B

P.O. SB-51528
Nassau, Bahamas













NP: 137 ATW. Munroe Jervin “No Name” D 20° Renal
P.O. Box N-861 Ott .
' 7406 Elis Av.vine J. B

Nassau, Nassau, Jet Ski
| P.O. Bor SB-50961

Nassau, 3ahamas

1 7989 Ferguson Kevin R.
P.O. Box SS-6863
Nassau. Bahamas
















NP: 613 ATW Nottage Gerran - “No Name” D 2 Rental
P.O. Box SS-6863 oft 4
Nassau, Bahamas Jet Ski






6890 Griffith Bradley A
P.O. Box SB-S50111
Nassau, Bahamas

en



























NP: 114ATE — Nottage Gerran “No Name” D 2 Rental ‘
P.O. Box SS-6863 ft , ‘ .
Nassau, Bahamas Jet Ski "6192 Harts Louis A. A

t P.O, Box N-9707

NP: 111 ATE Nottage Gerran . “NoName” D 2 Rental } Nassau, Bahamas
P.O. Box SS-6863 oft 4 . : .
Nassau, Bahamas Jet Ski 6164 Ingraham Kendal A

; : P.C Box N-10508
NP: 612 ATW __ Nottage Gerran “No Name” D 2 Rental ' ® Nassau, Bahamas






P.O. Box SS-6863 oft

Nassau, Bahamas. ,_ Jet Ski ‘ 8227 Jupp Ryan B.

P.O. Box SS-6863
Nassau, Bahamas








6755 Kerr Marvin A
P.O. Box SB-50466
Nassau, Bahamas




76 14 Mckenzie Brian D. B
P.Q. Box SS-6863

Nassau, Bahamas



NP: 115ATE Nottage Gerran “No Name” D 2 Rental












P.O. Box SS-6863 oft
Nassau, Bahamas Jet Ski
| 6852 Maycock Etienne A
| NP: 113 ATE Nottage Gerran ~- “NoName” D 3 Rental “ PO. Box N-10183










P.O. Box SS-6863 oft Nassa:. Bahamas

Nassau, Bahamas Jet Ski °
as 6850 Maycock Derick
NP: 112 ATE Nottage Gerran | “No Name” D at Rental ‘ *- b.O, Box N-8574
P.O. Box SS-6863 Oft ‘ : ‘ Nassau, Bahamas
Nassau, Bahamas Jet Ski 7494
wee SNK enzie Wendell R. B

P.O. Box -}7803"- *
Nassau, Bahamas

2
4
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te:

NP: 145 ATE, stuart Jeramie . - «No Name? ..,D 2° liwiyeieRental fe. S *
P.O. Box SB-51945 oft , MA
Nassau, Bahamas Jet Ski








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; 6491 : Miller Craig A
c P.O. Box SS-19052
Nassau, Bahamas




NP: 105 Storr Rufus F “No Name” D .
, 2
ATE.O.C P.O. Box FH-14334 9ft re
~ Nassau, Bahamas Jet Ski






NP:136ATE Storr Rufus F “No Name” D |

“3 . B ° 2

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8178 Nottage Gerran C. B
P.O. Box SS-6863
Nas.au, Bahamas










NP: 106 ATE Storr Rufus F “No Name” D :
. . 2
0.C P.O. Box FH-14334 oft Reni












5. 1165 Rolle Kenneth A
».0. Box CR-55415









Nassau, Bahamas Jet Ski Nassau, Bahama
Nassau, Bahamas
INP: 622 ATW Sears Alexys “No Name” D | ) ,
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P.O. Box EE-17875
Nassau, Bahamas







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6174 Gray TonyR. A
P.O. Box $S-6464
Staniel Cay, Exuma






6151 Wells Clifton A
P.O. Box N-444
Nassau, Bahanvas



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7859 Pratt George E. A
Conch Sound, Andros



Lo we AN Collimae P. Ferguson (Miss)
Bo CaN \ (for) Port Controller

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Sales Department ry yay Ey.
Senior Desk Head
International Markets & Caribbean

UBS (Bahamas) Ltd. is one of the world's leading financial institutions in the
Caribbean. Through our Business Area Wealth Management International we look
after wealthy private clients by providing them with comprehensive, value enhancing
sérvices. We combine strong personal relationships with the resources that are

TO ull range of wealth management services.
available from across UBS to provide the full rang anagem rhe HahamadRikancial SOe

vices Board (BFSB) held its
Annual General Meeting (AGM)
on September 24, 2008, at which
time members elected a new
Board of Directors for 2008-2010.
Officers will be appointed from
the current slate of directors at
an early meeting of the new
Board.

-Elected were: Shamsher
Bahadur (State Bank of India): -
Mark Barratt (Credit Suisse); Dr
Earl Cash (Higgs & Johnson);
Francesco Ceruti (BSI Trust Cor-
poration (Bahamas) ); Alan
Davidson (Winterbotham Trust
Company); Elizabeth Dorsch
(RBC Trust Company (Bahamas)
); Anthony Ferguson (CFAL);
Craig Tony Gomez (Baker Tilly
Gomez); Miguel Gonzalez (SYZ-
CO Bank & Trust); Dennis Govy-
an (FirstCaribbean Internation-

- al Bank (Bahamas) ); Julien Mar-
tel (Butterfield Private Bank);
Michelle Neville-Clarke (Lennox
Paton); Andrew, Raenden (EFG
Bank & Trust (Bahamas) );
Andreas Rentschler (UBS
Trustees (Bahamas)..); Toby
Smith (GEM Global Equities
Management); Charlene Storr
(The Private Trust Corporation);
Michele Thompson (Ernst &
Young); Renaud Vielfaure (SG
Hambros Bank & Trust); William
Whitaker (Dartley Bank &

Take your chance to work in a dynamic environment!

In this challenging. position you will be responsible for:

Business partner to the CEO

Desk Head International Markets & Caribbean advising existing clients and
acquisition of new client relationships

With the overall responsibly of our Wealth Manapemeht business, you will be
coordinating a team of experienced Senior Desk Heads and Client Advisors

We are searching for an individual with the following qualifications:

¢ Proven leader with successful management experience with large teams in complex
situations © Minimum of 10 years of experience in the Wealth Management /
Private Banking sector
Proven management track record in the Wealth Management industry with
successful experience with managing growth of teams and/or locations
Excellent communication and presentation skills
You benchmark your performance and professional behaviour with the best in the
field
Passionate about success and achievement
Tireless in‘the attainment of key.targets, key objectives and key talent
Efficiency-driven and results-oriented self starter
Leverages and embraces the challenges of a matrix organization
Continues to motivate others in very challenging and difficult circumstances
Ability to proactively lead and make effective decisions under pressure
In depth knowledge of compliance and risk issues
Fluency in English required, French fluency pcterred, Spanish or German a plus

rhs _. Trust); and Judith Whitehead
ham, Th &C -
UBS can offer you an n environment geared towards performance, attractive career Be Se ae ree

Wendy Warren, BFSB’s chief
executive and executive director,
said the organisation was com-
mitted to drawing on all interest-

opportunities, and an. open corporate culture that values and rewards the contribution
of every individual, Touether we will shape and strengtugn the UBS brand.

Interested? We' re looking forward to receiving your senile application under
hrbahamas@ubs.com or via mail to UBS (Bahamas) Ltd.,

Human Resources,

P.O. Box N-7757,

Nassau, Bahamas

Institutions
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Â¥ OF THE TRIBU



PAGE 12B, FRIDAY, OCTOBER 17, 2008

_BESB elects new
Board of Directors

PICTURED standing, left to right (Front Row):

THE TRIBUNE





William Whitaker, Charlene

Storr, Dr Earl Cash, Toby Smith, Ivylyn Cassar, Wendy Warren, Craig Tony
Gomez, Judith Whitehead and Danny Ferguson. Standing, LtoR trek
Row): Miguel Gonzalez, Dianne Bingham, David Ramire,; Samshe
Bahadur, Francesco Ceruti, Mark Barratt, Renaud Vielfaure, Elizabeth
Dorsch and Andreas Rentschler. Not pictured are Alan Davidson, Antho-
ny Ferguson, Dennis Govan, Julien Martel, Michelle Neville-Clarke, Andry

Raenden:and Michele Thompson.

ed parties in the development of
strategies and long-term plans for
the financial services industry.
The following Industry Asso-
ciation representatives also were
elected to serve for the incoming
2008-2010 term as BFSB Direc-
tors: Jan Mezulanik, Association
of International Banks & Trust
Companies (AIBT); Cherise Cox-
Nottage, Bahamas Association of
Compliance Officers (BACO);
Ivylyn Cassar, Bahamas Associa-
tion of Securities Dealers
(BASD); Wayne Munroe,

October 25.

PEARL INVESTMENT MANAGEMENT and SG Hambros
Bank & Trust have joined forces again to donate the
award for this year's Financial Services Student of the
Year Award. Pictured presenting BFSB programme coor-
dinator Alfreda Gould (left) with their respective contri-
butions are Pearl's Joseph Delancy, vice-president and
chief financialk officer, and Renee Barrow, manager of
human resources at SG Hambros.

The student award is sponsored in collaboration with
the College of the Bahamas, the Professional Industry
Association Working Group and the Central Bank of the
Bahamas. The 2009 Student of the Year will be announced
at the annual Industry Excellence Awards Banquet on

;
Bahamas Bar Association
(BBA); Timothy Ingraham,
Bahamas General insurant
Association (BGIA); Daniel Fer-

. guson, Bahamas Institute of

Chartered Accountants (BICA);
Suzanne Black, Bahamas Real
Estate Association (BREA);
David Ramirez, CFA Society of
the Bahamas (CFASB); and
Dianne Bingham, Society of Trust
and Estate Practitioners (STEP):

_Ms Warren also serves on the
Board. lag does Joy Jibrilu as the
Government’s representative. "|




















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