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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CLOUDY,



‘Discussions

investigation —

Prime Minis-.

4 seeking information on the lat- |

‘been involved
-in behind-
~closed-doors

FORMER | ae

ter; Perry:
Christie has

discussions
with a parlia- |
mentary col-.
league at the.
centre of a.
looming scandal.



The PLP leader held a a pri-
vate meeting with the MP in the ©

opposition. room at the House
of Assembly yesterday.
It is understood that he was

est developments in a police
investigation into an alleged
construction scam. ~

The meeting, which lasted
ee than an hour, was held to

‘discuss details of what Mr

Christie and other leading PLP
figures fear could become
another major setback for the

party.

During the meeting, the MP

’ continued to assert his inno-

SEE page 18»





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, The Tribune

©USA TODAY —



_ BAHAMAS EDITION




“BIC has not reimbursed pay

‘ By CHESTER ROBARDS

Tribune Staff Reporter

THE Bahamas.Telecommu-
nications Company announced
‘yesterday that, contrary to an

- article published in the Bahama





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Cuoose Faow
"TURKEY
‘Tuna

- & Cart SE

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deducted from some employees’

Journal, it has not reimbursed.

pay deducted from employees
who took unauthorised time off

‘from their duties. ;
-BTC said it took “grave:

exception” to the headline sto-
ry because’of its inaccuracies.
“The story is factually inac-

curate on'a number of levels,” .

said Mr Kirk Griffin, Acting
President and CEO. “First of
all, the Government is not

involved in the day-to-day man- .
_agement of the company. Any

management decision taken by
BTC is done through the
authority vested in executive
management. The suggestion
that the government would be
involved in any decision first to
deduct any pay, and second, to
facilitate a reimbursement is
wholly without merit.”

Mr Griffin said only 49 peo-
ple of 514 whose pay was
deducted after they participated
in an unauthorised work stop-

_ SEE page 18

THURSDAY, OCTOBER 23, 3008

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THE REMAINS of the property "
in Milton Street, Nassau —

MBy ALEX MISSICK __

FEARS of a serial arson-
ist on the loose continue to
grow after a fire in Milton
Street, Nassau, claimed the
home of 50-year-old Arling-
ton Rolle early yesterday
morning:

Mr Rolle went to Quakoo
Street police station around
“5am to report that a man

had been threatening his life
and property. When he
returned half an hour later,
his home was on fire.

The first time Mr Rolle’s
home was almost burnt
down was during a riot ear-
lier this year in Milton
Street. Six people involved
in that incident were charged
with throwing missiles, caus-
ing damage, resisting arrest,
obstruction, assaulting a
police officer and using
obscene language.

“This is not the first time.
They tried to burn me and
the neighbour’s home down.
They had thrown a piece of
cloth on the neighbour’s roof
and’ the fire spread and
almost burned my home

‘SEE page 18


































Tim Clarke/T ribune staff

BUSINESSES are Thane a

PRICE — 75¢ _



downtown said he has had to

major setback as the number . reduce staff hours from six to

of visitors to the Bahamas fell :
by almost 10 per cent in J uly.

and has continued to decline.
Statistics published by the

’®Ministry of Tourism show the

number of foreign visitors in
July 2008 was just 341,471,

38,389 less’than. the 377,860 -

tourists who came to the
Bahamas in the same month
last year.

The 9.6 per cent drop is

affecting businesses that

- depend on the country's num-

ber one industry.

Owner of a T-shirt store.

â„¢@ By CHESTER ROBARDS
Tribune Staff Reporter

A GRANDMOTHER’ S application for goyern-
ment assistance to get her wheelchair-bound grand--
daughter from home to school'was denied by Social
_ Services, St Thomas More MP Frank Smith told the

House of Assembly yesterday.

’. Several weeks ago a Tribune reporter spoke to the §
minister responsible for Social Services, Mrs Loret-
ta Butler-Turner, about 54-year-old Mrs Denise
Rolle’s difficulty in ‘daily pushing her disabled grand-

‘daughter, Rickia Rolle, to and from their Kemp

~Road home.to RM Bailey school; where she is a student.

just four days a week because
business has been so slow.
‘As his business relies on
cruise ship passengers for .
around 90 per cent of sales,
he is feeling the effects of few-
er cruise ships, which he
expects are not filled to capac-
ity, with passengers who have

_ less money to spend.

_ By comparison to the drea-
ry aftermath of 9/11, when
very few people were flying,
the current lack of tourists y

SEE page 18

Appeal for government assistance to set ‘
-wheelchair-bound girl to school denied

\

.

Frank Smith



“We do have a disability vehicle, and we do pick-up disabled persons

SEE page 18

“

UP.TO 20 MORE JOBS FACE AXE AT
CABLE BEACH RESORTS





PAGE 2, THURSDAY, OCTOBER 23, 2008

The Ministry of Foreign Affairs to
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-@ By LINDSAY. THOMPSON

IN JANUARY, 2009, the
Ministry of Foreign Affairs will
open a Consulate General
Office in Atlanta, Georgia to
alleviate the strain on the office
in Miami.

This was announced by
Deputy Prime Minister and
Minister of Foreign Affairs

‘Brent Symonette.

The Ingraham Building in
Miami houses the Consulate
Office, which will be relocated
to another floor to accommo-
date the goals of the ministry,
including processing cbesrport
applications.

“The Miami office is a very’

busy office where passports and

_visas are processed. We are

looking at upgrading that with a
number of changes,” Mr
Symonette said.

The Ministry of Foreign
Affairs maintains nine overseas
offices — four in the United
States (the Embassy in Wash-
ington, the Consulate General
in Miami and New York, and
the Mission to. the United
Nations), the High Commis-
sions in London, United King-
dom; and Ottawa, Canada; and
Embassies in Haiti, the People’s
Republic of China and Cuba.

Ambassador.C A Smith is in
Washington; former commis-
sioner of police Paul Farquhar-

son is the High Commissioner
-to London; former MP Mike

Smith is the High Commission-
er to Ottawa, Canada; ex-Sena-

TROPICAL
EXTERMINATORS

TRAUMA e
PHONE: 322-2157








tor Gladys Johnson-Sands is
Consul General in Miami; for-
mer NEMA Director Carl
Smith is Consul General in New
York; career diplomat Dr

Paulette Bethel is the perma- -

nent representative to the Unit-
ed Nations; and ex-cabinet min-
ister Elma Campbell is Ambas-
sador to the People’s Republic
of China.

New ambassadors to Haiti
and Cuba will be announced

shortly, Mr Symonette said.

Another area of change on
tap is the Department of Immi-
gration.

Mr Symonette said that a
look at immigration policies is
underway to determine whether
Bahamians are interested in
certain areas of the workforce
normally sought by foreigners.

-“T intend to meet with a cross
section of the community to dis-
cuss whether we can accept that

‘are being sought for gardiners,

THE TRIBUNE

there are certain levels of the
workforce in which Bahamians
desire not to work. We have to
come to the realisation that cer-
tain sectors of the community
workforce are not jobs Bahami-
ans traditionally want to go
into,” Mr Symonette said.
He noted that work permits



live-in maids and handy-men.

















Bernard Rd





ei

Ge to November QT



THE TRIBUN





Man jailed for
death threats
and attempted
extortion

A man was sentenced to one
yearin prison yesterday after
pleading guilty in a Magistrate’s
‘Court to charges of attempted”
‘extortion and threats of death.

. According to court dockets,’

on Tuesday March 11, Marvin:
Omar Lewis, 29, of Prince
Charles Drive, while being con-
cerned with another, attempted
to extort money from Michael
Stuart.

Court dockets state that on
the same date, Lewis threatened
Stuart with death. ,

Lewis and Ashley Seymour,
alias Ashley Newbold, were
arraigned on the charges earlier
this year. ~

Lewis, who appeared before
Magistrate Carolita Bethel yes-
terday to change his plea to |
guilty, was sentenced to one
year in jail.on each charge.

The sentences are to run con-
currently and to take effect
from April 28 of this:year.
‘Lewis was also bound over to
keep the peace for two years.

Unlicensed —
firearm case
adjourned —

A 27-year-old man of Yellow :

Elder Gardens was arraigned in
a Magistrate’s Court yesterday

onan unlicensed firearm _

charge. Sete
_ Itwas alleged) that on-Mon-
day, October 20, Derek Russell

was found in possession of an
. UZI 9mm automatic weapon.

‘Russell, who was arraigned

‘before Magistrate Derrence

Rolle at Court Five in Bank
Lane yesterday, pleaded not’
guilty to the charge.

He was granted bail in the

_ sum of $10,000.

The case has been adjourned

in Freeport —

| THIEVES targeted two
churches in Freeport in 24 :
hours, breaking into the sanctu-

_ | aries in search of items to steal.

’ ‘The first'incident occurred
around 5.30am on Tuesday at

the Grand Bahama Family >.
- Worship Centre on West
Wee aye Drive:

~ Thieves smashed open the

woEEn glass door with a large
_ Cement brick to gain entry.

‘Two celiular phones and a
computer were stolen.
The second incident occurred

at the Ziva Baptist Church on

East Sunrise Highway. -
_ It was reported to the police

that sometime between 10.30pm_

on Monday and 5.45ar on

. Tuesday, some persen of per-.

sons broke into the sanctuary
through an eastern door,
itis not yet known. whether

: items were stolen.

Police say they are inbeatipate
ing | both these incidents.

Three men in

- custody over

rugs find

_ POLICE lok three men into
custody on Tuesday in connec-.
tion with the discovery of illegal
drugs.

Acting on a tip at around
12.25pm, officers of the Mobile
Division investigated an aban-

. doned building off Soldier Road

in the area of Redland Acres.
_ Inside the derelict building, —

the officers discovered a quarter

pound of ‘marijuana, a silver
pan, a pair of scissors, foil

_ wraps, and plastic bags.

The three men, aged 31,19
and 17, are currently helping

police with their inquiries.

Police arrest |
man after illegal
firearm found
OFFICERS from the Cable
Beach Police Station appre-

hended a 33-year-old man in
connection with the discovery of

- a suspected illegal firearm near

a Westridge home on Tuesday
at8.20pm. *

Officers found a blue Sports-
man bag containing a .9mm
handgun with one live round
ammunition and a small quanti-

ty of marijuana.

The man, a resident of Ross
Corner in police custody and is

‘helping with inquiries into the

matter.




































a By LLOYD ALLEN

ABAHA MAR executive con-
firmed yesterday that following
‘the lay-off of 29 Sheraton

Beach resorts by month’s end.
Vice-president of administra-
tion and external affairs Robert
Sands told The Tribune yester-
day that earlier this year, Baha
Mar determined that an estimat-
ed five per cent of its total work
force will have to be let go.
Mr Sands said that this staff
reduction process is an attempt

financial challenges, which have
been attributed to the faltering
.US economy.

- A total of 80 to 90 employees
were initially intended to be ter-

far 74 have already been laid off.
' Mr Sands explained that the
staff reduction process is a ran-

@ By LLOYD ALLEN
Tribune Staff Reporter

WITH fears of a serial killer
on the loose targeting gay men,
a local activist is arguing that.
the root of increased violence
in all its forms is the inability
to resolve conflicts.

Erin Greene, human rights
and gay, lesbian, bi-sexual and
transgender activist said:

Y omot, weshave: @ serious crisis
‘going ons The truth is, interper-

this ‘country. 2

may be a direct effect of
increasingly tough economic
conditions.

“Things are rough, people are

stressed about economic condi-

tions, they enter a crisis mode.”
She said when people are

placed in such a situation,

“window.”

lence, murder, and other forms
‘of violence, she Said. oh 54
Rev Patrick Paul, President
SOF the Bahamas Christian coun-
cil, contends that there is a

turmoil in the Bahamas. -
“Tt is no secret that our coun-

‘life.
“The Bahamian society is

and irrational ideologies that
have come to bear on the social
structure of our society.”

_ According to the reverend,
the increasing level of criminal

‘ Tribune Staff Reporter.

employees, up to 20 more per-.
sons will be let go from the Cable ..

by Baha Mar to eaSe its ongoing:

minated by the company, and so .

- Whylly,

. “Whether there is a serial killer.

sonal violence has escalated isk

Ms Greene added that this.

stressed, and when people are .

“interpersonal skills go out the

This can lead to domestic vioz

brewing epidemic of crime and
try i is in a colossal fight oe its’

“now a multi-subcultural society
which has. adopted eccentric

LOCAL ar

Up to 20 more jobs
face axe at Cable
Beach resorts

News follows 29 Sheraton lay-offs



Aes a

dom selection procedure which

-will extend to all sectors of the

company, including hotel based
workers within the Baha Mar
resorts as well as Baha Mar devel-

-. behaviour nationwide is “a cry

for help” resulting from a lack
of forgiveness, an increased fas-
cination with materialism, and
deteriorating values.

Reflecting on the recent mur-
der of fitness instructor Paul
he said: “It 1s very
unfortunate that a man can be
stabbed so many times by-a fel-
iow human berg.”

RéevieFaul said that in



opment employees. The Baha
Mar company, which overseas the

operation of the Wyndham, Sher- .

aton, and the Nassau Beach
hotels, reported that all properties
have suffered financial losses and
a significant drop in occupancy
levels over the past six months.

Mr Sands said that over the
past six weeks, overall occupancy
has not exceeded 40 per cent and
has been as low as 25 per cent at
some points.

With the Christmas season just *

weeks away, Mr Sands said that
the company remains hopeful of
higher arrivals during tpat period.

Looking toward the future
prospects of the Baha Mar

Resorts, Mr Sands said: “We

believe the economy will get bet-

~ ter over a period of time, and we

believe that the future success of
tourism will require a Visionary
project such as Baha Mar going
forward, which will be able to cre-
ate‘jobs and also generate busi-
ness to this destination.”

Failure to resolve conflicts behind
increased violence, says activist _

response to ermal acts
throughout the Bahamas, the
Christian Council intends to
launch an anti-crime campaign
during the month of November

in numerous sectors of the com-

munity.

He said it will aim to bring .

about a greater awareness of
God, and to. encourage persons
to resolve their conflicts without
resulting to violence.



THURSDAY, OCTOBER 23, 2008, PAGE 3








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PAGE 4, THURSDAY, OCTOBER 23, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



. ps 1 0 se e@ : le
The Tribune Limited
NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to a tp The Dogmas of No Master

"LEON E. H. DUPUCH, Pubhs/ier/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.
Contmburns Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily: Monday to Saturday

Shirley Street, RO. Box N- 3207, Nassau, Bahamas
Peatance Manse Building., P.O. F 485, ER SEDOT Grand Bahama

: ‘TELEPHONES
i es paephours (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352.
Circulation Department - (242) 502- -2387
ae , Nassau Fax: - (242) 328-2398.
eo _ Freeport, ‘Grand Bahama: 1- (242)-352- -0608
Freeport fax: (242 ) 352- yois

Bahamas has felt other recessions —

EAREIER this week James Smith, state

~ minister of finance under the former govern)"
' ment, was doubtful that the Bahamas’ economy ° |:
' city water supply and sewerage system was -

. would achieve the IMF’s predicted 1 per cent

‘ growth rate this year: In his opinion the’

Bahamas is now “extremely close” to. falling
. irito a recession..
. Not only are tourist figures down, causing
. shorter work weeks in the hotels, but-with
. reduced visitor spending, even some businesses.
“ are opening only a few days a week. For the first
' time this generation of Balamians will Tealise
* the importance of foreign investors. ;

“What is happening for us,” said Mr Smith,

- “apart from the fall-off in tourist arrivals, is
* that we have very little foreign direct invest-
_ ment. We’ve always relied upon that on the
~ balance of payments side. We will not have that
| foreign currency inflow from foreign direct
' investment to take care of the recurrent deficit
_ .on the capital side.”

However, said Mr Smith, while this might no.

lead to “real growth” in-reserve ‘levels, by the
» same token the Bahamian economy had a self-
* correcting mechanism to prevent any’ severe
“depletion of reserves. During-an economic
- downturn, said Mr Smith, the demands of busi-
- nesses and consumers also dropped. This

- reduced the outflow of reserves once needed to. »
3 “EAS, = Shea Anse any those with a letter from a com-

a % Pues goods to restock davenoHs that

oe of tiving to: anich iBabiiraians ehh over .

le many years become accustomed, the foreign
_ investor is-a builtin nécessity: With him gone,

- Bahamians will have to adjust their living stan-.

_ dards down a couple. of notches. d
This is not the first time that Bahamians

have had to face an economic downturn, and

abandon the car for the bicycle.

In the’early twenties, the Bahamas grew rich ©
when Americans:were forced to ‘ ‘go on the

|. wagon.” On January 15, 1920 the American

_ government declared it a Federal’ offence for

-. Americans to manufacture, sell, export. or

import alcoholic beverages. Liquor was not ille-
gal in the Bahamas and so these islands slaked*

_ the thirst of Americans trying to exist in a “dry”

country, ruled by the Temperance Society: It

_ was the beginning of the Bahamas’ bootleg era.
During that short period of plenty, according:
to the late Dr Paul Albury’s “The Story of the

Bahamas,” the. New Colonial Hotel and golf.

course was built, as was the Montagu’ Beach
Hotel, and the Bahamian Club with its discreet
- gambling casino. There were also great improve-

re PMs SPI

‘\



ments to public utilities aad visitor accommo-
dations, the harbour was dredged to.a depth .
of 25 feet, the electrical plant was expanded, a

installed. Aland boom in southern Florida
spilled over into the Bahamas, American spec-
ulators bought large tracts of land and devel-
‘oped such subdivisions as Westward Villas, The
~ Grove Estate and Treasure Trove. Suddenly,

. the bubble burst.

Prohibition was repealed in 1933. Not only
was the liquor business now legal in the US,
but the Bahamas’ kegs of rum were no longer
needed. It was during this period that our islands
were hit by three hurricanes — the 1929 hurri-
cane being the severest.

“For three days and three nights,” wrote Dr

. Albury, “this monster squatted over the capital |
island. When it finally moved on, there was

hardly a leaf left on a tree and the city was a

shambles.”

In the autumn of that same year Wall Street
crashed. The Bahamas was suddenly cut off on
all sides: Poverty quickly set in. Committees
were formed to try to create employment. For
example, money was set aside for the painting of —
Fort Charlotte. Every two weeks the work gang
was changed to give every one a chance to make
a few shillings. To make certain there was no

d.work,on-the-project-Mr

aes
_ where the Ministry of Education’ was once locat-
ed, decided to help.

He ‘had a wall built around his property,
planted a citrus orchard and paid men 1/- a day
and a mid-day meal. He considered it important
that they should get one full meal a day. When
this subject came up in 2003, Bahamians who.

_ did not know, but wanted to stir up racial ani-
mosity, dismissed Mr Ce'lia’s help, accusing
_him of exploiting black people. :

-The Bahamians of that time were grateful to

4 take home a shilling a day and.thankful for
. their mid-day meal.

Although, our current situation does not
_look promising, it will probably not be as des- \
. perate as it was when the market Erashedy in
His

‘But whatever the future brings, Bahamian
not only will have to learn how to tighten their
belts, but they should better understand — now
‘that it is fast disappearing — what it is that

ade their lives so comfortable. In the mean-

time Bahamians should learn to give better ser-
“vice and better prices to visitors who are still
- coming and try to clean up this island to encour-

_ age their return. >

Ne



Surviving and
prospering —

during these
hard times

EDITOR, The Tribune.

Well if you asked me if the

Bahamian economy could be
saved my answer would be a
resounding yes, No I am not an
economist all that I am is just a
simple man of vision.

Clearly the position we now
find ourselves in financially was
not of anyone else’s making but
ours contrary to what other may
say. Others would love to pass
the buck and blame the US, The

Federal Reserve, Wall Street and.
a whole slew of names and'

acronyms. But anyone who has
overcome problems in this life
will tell you the fastest.way of
solving a problem i is to first admit

- that there is a problem.

Getting at the core of this
whole economic crisis as we call it
is almost close to impossible if
one was to mind the government
and mainstream media. If one
were to turn on your TV ‘to try
and inform oneself about the
financial meltdown that is occur-

ring around the world; you would °

be bombarded with hundreds of
odious talking heads spewing out
ridiculous Wall Street jargon

‘which is as useful as a butter knife -

in your hand as a pack wolves

* come to tear you to shreds. Yes, I

do admit that information is key
in these times, but it is only prop-
er information that will be our
salvation from this perfect storm
that is brewing.

For us to fix this problem it’s

not going to be the government °

or the financial houses that’s

- going to do it. It will have to be us

as individuals that are going to
have to fix this situation. My first

Bahamians:

EDITOR, The Tribune.

BAHAMIANS, like people
around the world, are justifiably
woiried about events inthe Unit-
ed States. For, as is so painfully
obvious, it is unreasonable i in this
globalised world to expect the
financial contagion to stay within
the borders of the United States
of America.

The crisis on Wall Street has >

not only shattered iconic US insti-

tutions but has brought down .

European banks and threatened
others in Asia. In’ The Bahamas,
while at fresh blush, the conta-
gion appears not to be debilitat-
ing, in my view, it is clear that
Bahamian institutions will not ful-
ly escape exposure.

In any event, the deeper prob-
lem for an economy like ours is
not the immediate fallout in the
financial markets and the con-

comitant tightening of credit. For,



LETTERS






suggestion to anyone who’s ready
and prepared to batten down and
withstand the storm is to simply
first cut off your TV. Because
most likely you are in an emo-
tional state that does not need
someone there telling you the
world is going to end everyday.
Something like that is most likely

going to put you ina state of

depression.

‘Now that’the TV is off, now is”
» the time for you to take control of

your mind and subsequently your
destiny. Now if you’re like most
out there, your mind is a barren
wasteland filled with FEAR
(False Evidence Appearing
Real), due to the excessive point-
less television watching over the

years, and not knowledge and.

facts as it should be. I am not say-
ing these statements to insult any-

one or make them feel bad, I am .

just addressing the reality of the
situation at hand.

Now that you have done an
honest self-assessment of your
state of mind you can now begin
to build and shape your mind. I
know some of you may feel a bit
bewildered with all this mind talk,
but the reality of life is your mind,

or better yet, your thoughts play-

the biggest role in anything you
do. So trying to exclude it from
your financial picture is what has

placed us in our current geopolit-
_ical predicament now. ° He
So what I’m. Saying) is it’s fms.

“as the experts tise said, in ihe e
short term; The Bahamas: can:

replace sovereign borrowing from

- abroad by tapping the local finan-

cial market. Or. if things become

really tight, the Government .

could resort to the central bank

reserves to meet external obliga-

tions.

The greater issue is the longer

term implications for growth and
development. The United States

is the market for The Bahamas,

biggest export business: tourism.
Upwards of 70 per cent of the vis-
itors who come to the islands

annually originate in the USA.

In this atmosphere of crisis, it is

- not particularly difficult for loose

and irresponsible statements. to

. further weaken confidence and

become self-fulfilling prophecy.
It is in this context, I note Oppo-

sition Leader Christie’s complaint |
afew days ago that the goyern- ©
ment is not doing and saying

letters@trilbunemedia.net

to wake up and take your mind
off auto pilot. Now as everyone
knows, to be a good pilot one
needs proper gine it is now
time for you t t yourself in.
training.

In the arena of financial self
help books which I will be sug-
gesting “The Richest Man in
Babylon” by George S Clason is _.
by far one of the most profound
books written on this topic.
Another masterpiece dealing with
this topic is “Think and Grow
Rich” By‘ Napoleon Hill also
“Rich Dad Poor Dad” by Robert
Kiyosaki is an amazing book. All
of these books I:mentioned can
be found in any bookstore around |
the Bahamas.

Iam sure for some people out
there at first glance these books

may not seem like your cup of

tea but with a lot of self discipline
and prayer I am sure the, knowl- °
edge you need you will retrieve
from these materials I would say

the acquisition of these books

should now become priority num-
ber one if you plan to survive this
Great Depron we’ Te about to
walk into. .

Beyond all the books. I can
suggest to you the most impor-
tant thing I can leave you with is
that God is good and he is real
Rather than ask him for wealtt
and riches I would say ask foi

‘three simple things Wisdom
Knowledge and Understanding —

Take ¢are guys and have a won
a and’ ee tomer

TOW.

SASHA DUNN

‘Nassau, ts

October, 2008.
eH





enough to allay fears. :

Itseenis as though the party i
opposition’ s position is that th
Government is not painting |

bleak, enough picture of Th

Bahamas circumstances. They ar

not hearing a message” of “brac_

yourselves”.” :
The Government, as the Oppc.

. sition would be aware, have t:.
‘strike the right tone, one tha’

does not indicate’‘over confidenc
or undermine confidence. So, toc
must.the Opposition. To do oth
erwise is in no one’s best inter
est. I wish to suggest that thi”
Government's economic. team ful

_ ly brief the Opposition on the rel
evant facts and that this matte:
- be moved from the purview 0:

political contentiousness. The

times demand leadership.

- JERRY ROKER
Nassau,
October, 2008.

outh P.O. Box N-7984 ° Nassau, Bahamas

Wie) THE WEEK
















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THE TRIBUNE

THURSDAY, OCTOBER 23, 2008; PAGE 5



dacceccecesenceedbeeesensapereesarsesereseenesaseee eee eees

Three to peceive —
Rotary award
for service to the

GB community



a By KARIN HERIG
ll : Tribune Staff Reporter
Re Peers kherig@tribunemedia.net
Paul Harris Fellowship

‘AT A time. when the Bahamas
is desperate for increased airlift
asia means to boost. dwindling
visitor numbers, a major airline
has announced the launch of two
new direct services from Florida
to New Providence.

As of next year, JetBlue Air-
mour Construction; ways, the New York based low-
Chris Gray, CEO of the =: - cost carrier, will offer new daily
- Container Port, the Har- -: -non-stop service from Orlando

and Lifetime Achieve-
ment Award for their G
years of service and com- /}
mitment to the Grand
Bahama community.

They are: Basil Ney-

mour, presidefit of Ney-

bour Compan ‘and the International Airport to Nassau,
Airport Company; and and twice daily service from Fort
Damaris Th son, i Lauderdale Hollywood to Nas-
assistant director at the «2 sau.

All flights are scheduled to
_ begin on February 1, 2009, pend-
ing the réceipt for government

Ministry of Education.
A dinner will be held
at the Westin at Our

Lucaya Resort on ; Operating authority.
December 6. i... The announcement of new
UR ss P low-cost direct flights from Flori-
e da to the Bahamas comes at a

Dinner time when the Ministry of »
“Tourism, as part of its new mas-
Rotarian Donald Ward : — ter plan, is attempting to make
said a commemorative | i , travel from and. to the Bahamas
booklet will be published §: ss convenient and cheap as pos-
'} sible

in honour of the three
recipients.
“We acknowledge the

successes and contribu- | : numerous airlines raised their
tions of these great lead- :

4 ticket prices, reduced frequency
ers and therefore take of their flights to the Bahamas, or
this opportunity to invite.

; thige 2 “suspended service to the coun-
persons oO join us in this i try altogether.

eis ? ‘JetBlue’s decision to operate
: - more flights to the Bahamas
comes after a ‘period in which





















unique celebration hon-.. } "Ina press “statement yesterday,
oring them with our dis- {Fred Lounsberry; CEO of the
tinguished Paul Harris} - Nassau Paradise Island Promo-
Fellowship and Lifetime 4 tion Board, said: “Our close
Achievement. Awards,’ -E proximity to the US is just one of

he said.
‘ “make the islands of the Bahamas

hes JetBlue! $ new non-stop jet ser-
"Vice: to’ Nassau, Paradise Island,

- from both Orlando and Fort
~ Lauderdale will now make trav-
» el to the white sand:beaches,

27 FOR 3 IN 1 LAWN SERVICE
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‘Minister aims
to calm fears
‘over housing

the many advantages which .

- apreferred vacation destination...

pensive
adversely affect property val-

crystal clear water and world
famous resorts of our islands,
even more convenient and
affordable.”

JetBlue’s director of route
planning Scott Laurence said the
airline’s customers have
been asking for a high quality
service from Florida to the
Bahamas.

“JetBlue will continue to raise
standards to a higher level with
our friendly, award-winning ser-

Kenneth Russell

development

MINISTER ‘of Housing
Kenneth Russell has visited
Abaco to calm residents’ fears
over a new housing develop-
ment at Spring City.

Home-owners: protested.

when work began on a 35-unit
low-cost housing development
in the community, which lies
souk of Marsh Harbour.
Residents feared the inex-
homes would

ues in the area.
An island source said: “The

. Minister went to Spring City to

allay. their fears. People

thought the houses were too”

small and cheap and that
prices would be affected.”

vice, free and untimited saints
and refreshments, cozy leather

seats with lots of leg room ahd .

abundant personal entertainment
choices — all included in the price

Nassau is JetBlue’s first inter- .
national destination from its.
focus city of Fort Lauderdale.
Orlando, which became Jet-
Blue's seventh focus city earlier

of a JetBlue fare,” he said.

this year, welcomes Nassau as its.

- Airline announces two new
services from Florida to Nassau

fourth international destination.
The twice daily flights from

-. Fort Lauderdale to Nassau will

depart at 9.58am and 5.15pm,
and from Nassau at 2. 10pm and
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PAGE 6, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE








PLP MP for Fox Hill
Fred Mitchell said he takes

one of his colleagues.
He said the “leaks” are

Mr Mitchell’s comments
came in response to a front

Mitchell speaks out over ‘leaking
of information’ about investigation



MP claims ‘leaks’ are designed to ‘smear’ the name and image of his party



Mr Mitchell said: “A pri-
vate citizen goes and co-

kind of conduct.”
Mr Mitchell drew a com-



































operates with the police.
He doesn’t, or she doesn’t,
expect for that to end up
in the newspaper. And this

parison with the presiden-
tial elections in the Unit-
ed States, and the use by
some of Senator John
is just a source for serious McCain’s supporteérs:of a
concern. And when you — scandal concerning the vot-
track what has happened er registration. group
over the past four or five ACORN to attack Senator
weeks, its a pattern of this . Barack Obama.

He said these attacks
were launched before the
Justice Department had -
even made their announce-
ment that ACORN was.
being investigated. ~

Days later, the Obama
campaign would call on the
US Attorney General to
investigate ifthe Bush
administration was
involved in tactics by the
McCain camp to smear the
Illinois senator.

This, Mr Mitchell said, is
similar to what could be
happening here in the case
of the sitting MP, and as
such could sully any ques-
tion of “impartiality” with
regards to the police’s
investigation.

Mr Mitchell was asked
how the PLP could shake
the negative image that it
has attracted through ‘the:
actions of some “wayward”
members.

“JT think the leader of the.
PLP has addressed this

issue... we stand for.the
utmost integrity in public
Hiferek: (,

“And individuals fall into
error,.or their faux pas are
connected to individuals

- and they have to bare the

"responsibility for it. As a
matter, of discipline, the
party obviously has to deal

‘with any situation Which .
arises, “he eae

page article published The
Tribune which outlined —
relying on a number of
sources — that a sitting PLP
MP had been questioned
by police in connection
with a construction scam
involving tens of millions
of dollars.

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THE TRIBUNE

Two men and boy, 17,
accused of drug
Oey OKO UCI

TWO men and a 17-year-old boy were arraigned in
Magistrate’s Court yesterday on drug possession charges.

According to court dockets, it is alleged that Travis
Evans, 19, of Windsor Place off Soldier Road; Tryco Saun-
ders, 31; and a 17-year-old boy of Nassau Village were
found in possession of a quantity of marijuana with intent
to supply on Tuesday, October 21. J

The accused were arraigned before Magistrate Carolita

Bethel at Court 8, Bank Lane. According to Inspector —

Ercell Dorsette, the accused were found i in possession of 1.7
ounces of marijuana.
The juvenile pleaded guilty to the drug charge while
Saunders and Evans pleaded not guilty.
Evans has also been charged with a Separate count of
possession of marijuana with intent to supply.
It is alleged that on October 21, Evans was found in

possession of a quantity of marijuana with intent to supply

to another. |

Evans pleaded not guilty to the charge: ‘According to the
prosecution, Evans was found in possession of a quarter
pound of marijuana.

The case has been adjourned to Friday when Magis-
trate Bethel is expected to hear the facts in relation to the
juvenile and give consideration to bail for the other two
defendants.



394-6254\5



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

FREEPORT - Representa-
tives from the Caribbean region
convened at the Westin Our
Lucaya Resort on Tuesday to
address important environmen-
tal issues during the second

meeting of the Caribbean Con-

stituency of the Global Envi-
ronment Facility.

Speaking at the event, Sena-
tor Kay Smith commended the
representatives from the vari-
ous Caribbean countries in the
region on their efforts to keep

environmental matters a prior-_
_ ity. “I am told that GEF sup-

ports just under 2,000 projects
that produce global environ-
ment benefits in 160 develop-
ing countries,” she said.

“This year’s meeting is indeed
timely as nations of the world
work to determine mechanisms

‘ by which pressing environmen-
tal matters can be adequately _

addressed,” she said.:

Mrs Smith said that the
recent appointment of a Minis-
ter of Environment in the
Bahamas demonstrates the gov-

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ernment’s commitment to envi-
ronmental matters in the coun-
try and to international envi-
ronmental conventions and
treaties they have signed on to.

Senator Smith, who is also
parliamentary secretary in the

‘prime minister’s office in

Freeport, said that environ-
mental sustainability continues

to be of “utmost” importance

in the Bahamas.

“The government’s objective
is to protect and conserve the
environment, regulate the use
of the country’s resources, and
its’ physical landscape to
improve the quality: of life of
citizens and’reduce the damag-
ing footprints of anti-environ-
mental behaviour,” she said.

of an orange). Inflammatory breas cancer may be pune TB, Stage INC, or Stage IV.







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eve.



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You can survive ; breast cancer. Barly detection through regular breast self-exams and a regular program of
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The Tribune observes Breast Cancer Awareness Miolaiea 2008



*

THURSDAY, OCTOBER 23, 2008, PAGE 7

Environment issues come under

spotlight at Caribbean meeting



“This year’s meeting is indeed timely
as nations of the world work to

determine mechanisms by which
pressing environmental matters can be
adequately addressed. 2



She pointed out that coun-
tries around the world are now

faced with challenges posed by

climate changes. -

Senator Smith said the GEF
‘projects in climate changes help
developing countries and
economies in transition to con-
tribute to the overall objective
of the United Nations Frame-

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work Convention on Climate:
Change. She hoped that the
two-day workshop in Freeport
will be successful. “I trust that
your discussions are fruitful and
we encourage you: to continue
to focus on the environment,
which is of paramount impor-
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Smith.





PAGE 8, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE



THE BAHAMAS HOME AND BUILDERS SHOW

sites

LIFETIME Achievement

Award recipient Jackson
Burnside III. Mr Burnside
will be honoured during this}
year’s Bahamas Home and
Builders Show.

A well established Company seeks an Accounts Clerk

with the ability to, but not limited to the Jollowing
duties:

Maintain Payables Syscn

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 Aadits :
° Assist in other duties falling within the

Accounts departiient where necessary

Candidates must possess the following skills:

All Applications must be submitted iby October 31 st

wstacutes Degree i in Accounting
Experience in Reconciliations

. Experience in Accounts Payables would be

an asset

- Excellent organizational and f roblem solving a

skills. 3 2
Proficient in Microsoft Office Products.
particularly Excel.

Must be a team player an posses people skills

2008.
















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Jackson Burnside III to be
honoured for contribution to
home and building industry

-THE Bahamas Home and
Builders Show will honour
Jackson Burnside III, archi-
tect; artist, lecturer and cul-

_tural advocate, at this year's
event.

The award presentation will
take place during the opening
.ceremony on Friday, October
24, in the Wyndham Crystal
Palace ballroom.

Organisers of the Siow:

Special Events Bahamas Lim-
ited (SEBL) decided last year
to start honouring persons

lames Albury

son a Ve Fredrick Albury and

Ms. Helen Albury.
Wedding plans are scheduled for

January 31, 2009. Both of their

families are extremely happy for the i

vo of them, and wish them nothing



‘ but love and happiness as |
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Artist, architect and lecturer to
receive award on October 24

who have made a significant
contribution to the local home
and building industry.

SEBL president Nikita Cur-
tis said, “This year we choose

to honour Mr Burnside for his’

legendary contributions to the
Bahamas over the past

decades. Mr Burnside is a phe-,

nomenal artist and. architect
who has helped to shape the
landscape of this county. We
are pleased to recognise him
as our honoree.”

Carl G Treco of CGT Con-
tractors and Developers Lim-
ited was the first recipient of

the Bahamas. Home and

Builders Lifetime Achieve-
ment Award.

Owner and president of
Jackson Burnside Limited and
Doongalik Studios, Mr Burn-
side has studied:and practiced
in the Bahamas and abroad

for many years and is a

sought-after lecturer, who
often tells his project teams

and ‘architecture students to ©
-examine their own architec-

tural heritage for its “common

_ sense”

He also shares with thent
his belief in the importance of

‘understanding appropriate-

ness of material, climate con-
ditions, natural light, structure,
client requirements and devel-
oping a design that neither
overwhelms nor insults its sur-
roundings, but seems instead .
to rise naturally from them.
He has worked with the

world renowned Architect -

Louis I Kahn in the United |
States and with ARUP:Asso-
ciates — a-division of the

‘ world-acclaimed OVE ARUP

Partnership — on industrial
and institutional projects in
Bangladesh, Iran, Israel, Eng-

land and the Bahamas. ~~ _
He was the first Bahamian ©

senior architect for the
Bahamas Ministry of Works
and has been a partner in suc-
cessful architectural firms in
the Bahamas.

Mr Burnside is a visiting lec-

turer at the Caribbean School
of Architecture, University of
Technology Kingston,
Jamaica.

He also served’as external

‘examiner at the Caribbean |

393-7111





School of Aachen re:
Kingston, Jamaica.

Mr Burnside is also an artist
and cultural advocate and has
been the recipient of numer-
ous awards and honours,
including the Arthur Spayd
Brooke Medal for Excellence
in Architectural Design (Uni-
versity of Pennsylvania), and
the Bahamas Chamber of
‘Commerce Distinguished Cit-
izen Award for the Creative
and Performing Arts.

He is also the chairman
emeritus and a designer of the

‘One Family Junkanoo and

Community Organisation

‘Group‘and host of the popular |

live interactive Radio Show
“Junkanoo Talks.”

He is a graduate of Lincoln
University and studied, fine
arts and architecture at the |
University of Pennsylvania
where he received two Mas-

ter of Architecture degrees.



“This year we
choose to |
honour Mr >
Burnside for
his legendary
contributions
to the
‘Bahamas over
the past
decades...”

-» Nikita Guitis

He is registered in the Unit-
ed Kingdom and The
Bahamas and is a member of
the Institute of Bahamian’ .
Architects and the Royal
Institute of British Architects.

: The Annual Home and
‘Builders Trade Show and
Exhibition has evolved into a
highly anticipated event which:



‘is frequented by persons -

directly and indirectly
involved in the construction
building and home industry.
Home owners, potential home
owners, business owners, con-
tractors, sub-contactors and
persons seeking to spruce up
their home and businesses.

“with more energy saving

devices, are invited to attend
this year's show which will
take place this weekend from
October 25 to October 26 at ©
the Wyndham Cable Beach
Resort.

This year's show has adopt-
ed a "Green Theme” and
attendees will be able to get a
first-hand look as companies
launch the latest environmen-
tally friendly and cost efficient
products. Major sponsors this
year include Arawak Homes
and Colina Imperial Insur-
ance. More than 90 exhibitors
have confirmed their partici-
pation and several leading
industry professionals will dis-
simulate valuable information —
during the workshop sessions.

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.



Pith timo

Bh ek Re i a - “ys.



GOVERNMENT HAS BEEN URGED TO ADDRESS A PRESSING PROBLEM IN SOUTH ELEUTHERA®

Wild horses are |
~ trampling our

crops -

@ BY ALEX MISSICK

FARMERS in south
Eleuthera are‘calling on the
govérnmen: to take immediate

action to sove the problem of a

herd of wid-horses which is
damaging their crops.

The farners said they have
been pleadng with government
officials fo’ years to address the
problem aid.are now prepared
to “take natters into their own
hands.”

Local Farmer Eugene Carey
told The Tribune that almost
every higit the horses trample
his crops At one point, they
even beame a nuisance in the
airport aea, he said.

“Something has to be done.
What we find is that over the
years when we talk, nothing
happas,” Mr Carey said.

- MrCarey explained that the
-Bahimas Humane Society
éame to the island a few days

agoiand saw the damage done

to nost of his crops.
Executive director of the

~Baaamas Humane Society .
Stephen Turnquest said the
BHS travelled to south

-Ekuthera conduct an investi-
gation into the matter and

turned up some interesting

facts. “I spoke with some of the

farmers and their'concerns are

that some of the horses are

walking through their farms

causing damage and they are

not getting compensation for
_ their damaged crops,” he said.

Mr Turnquest explained that —

these horses were a part of the
Wood Prince Estate in
Eleuthera. The estate was
closed several years ago and a

caretaker was left to look after |

the property, including the hors-
es and a few cows that were left
behind. The animals, he said,

have now been Tunning vald for :



- years. =»
=», Director: of Agriculture Sime-

farmers

on Pinder explained that his
ministry got involved with the
horses about five years ago
when they became a nuisance
to the south Eleuthera airport.

“Farmers were complaining

" that they were losing significant °

amounts of crops. The numbers
of the horses had grown from
what I understand to be about
15 horses, maybe more. We are
also. aware that there are three

’ stallions which indicates three

distinct groups of horses,” Mr
Pinder said.

He explained that the gov-

ernment, under the Wild Ani-
mals and Protections Act, must
take responsibility for the ani-
mals because they are roaming
the island and considered wild.

“Currently this act makes fer-.

al animals the responsibility of
the government. The welfare of
those animals are almost as if
they are truly wild. and have

remained wild for most of their .

lives,” Mr Pinder said.
_ President of the Bahamas

- Humane Society, Kim Aranha,

noted that the farmers on that
_island do have rights and they
need to be considered. .-

“We.want to see a happy and °

safe solution. We would like to
be of assistance in helping the
right decision be made and a
safe decision. Even though we
are pro animal rights, we have
to remember that these farm-

- ers have rights as well,” she said.

Mrs Aranha explained that
the catching of wild horses is a
very delicate job requiring spe-
cial skills. “We do not want per-
sons who. do not know anything

about capturing horses trying °

to do, so. Our goal is to help

people find a:solution, and to:

make sure that the solution is
implemented in a safe and
humane manner,” Mrs Aranha
explained.

Minister. of Agriculture and
‘Marine Resources Larry

FALL BREAK —
Dey Sere

2008

- FALL BREAK DAY CAMP 2008



WE’VE HERD RCE Te AG fed up enw nee icon melt Melee

Cartwright said his ministry is

trying to identify an area in
southern Eleuthera where they
can keep the horses segregated
from the public but also make
sure they are safe and well tak-
en care of.

“There are two areas right

‘

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now we are looking at in, south —

Eleuthera, privately owned, and
I am waiting for a proposal on
that matter. We are seeking to

“ensure they are taken:care of
_ because. we are aware of it and
*we are concerned about these:

animals,” Mr Cartwright said.

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PAGE 10, THURSDAY, OCTOBER 23, 2008






CLOCKWISE FROM TOP: “JAGGED Little Pill” chart topper Alanis Morissette is the latest world-class
artist to grace the Atlantis stage with her October 18 performance;

FLASHBACK to the 80s, as cultural icons Duran Duran took over the Atlantis Live stage in May;
POP Star Fergie performed before a sold-out crowd in April, 2008.

Port Department,
Min. of Tourism & Min. of Health

Event Ene

Saturday |
25th October, 2008

Port Health Fun, Run and Walk @ 6am
& The Sovereign of the Seas Crew Fun Run @

Both Runs Departing from the Port.

Participants; All Port Workers/Users and General Public

For Entry Forms and: More Information preaae Gall AIW Keyjanna
Walkaine on Tel. 325-1725/26 ~

Port Fiesta & Live Entertainment:
Braider’s Square at 2pm -1 Opm

DJ Music’
_ Artisans with produets on display _
; Restaurants from Bay occupy Soothe

2pm -10pm_

oe Clown, Face Paintings Sketching,

2pm - 5pm
ee balloon, ete

John “Chippie” Chipman

3pm - 4:30pm
: Count Petiading R others

5:00pm - 5:30pm . - Fashion Show “Styles of New York”.

6:00 pm i Dance Group: National School of Dance.

Royal Bahamas Defence Force Band:

Free Admission —

- Port. Week. Sponcare: Forsythes_ Cammunidation: Fresh Carpet Cleanin Comany, :
Dolphin Encounters, BlackBeard's Cay, Bahamas Association of Shore Excursionists {BASE), Ardastra
Gardens & Zoo, Red Hot, Nyard Cay, Kerzner International, Nassau Harbour Pilot, Jacoby nto he
Scotia Bank, Bahamas Maritime Connexion, John Bull Ltd., RH Curry, G&G Fire Protection, Al
Development, Bahamas. Telecommunications, Breezes Superclub, British Colonial Hilton, Discovery
‘Cruises, Sunshine Cruises, Graycliff Restaurant, High Seas Bahamas, Imperial Majesty, Luciano's of

: Chicago Senior Frogs, Stuart's Cove; Disney Cruise Lines, Florida Caribbean Cruise Line Association



Mr. Brent Fox
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Mr. Wilder Collantes
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re
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Mr. Kevin Brice

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e Our " Easy Terms" financing is the best in the
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ATLANTIS will close out
the first season of its Live
Concert Series with a perfor-
mance by the teen boy band
sensation, the Jonas Brothers,

‘on December 13.

Since its start almost a year
ago, the Atlantis Live Series
has brought many world
renowned performers to the
Atlantis resort..



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Among the A-list artists
were.the pop, band Duran

Duran, Maroon 5, Fergie, and’
. lead singer for Matchbox: 20,.

Rob Thomas.
The Atlantis Live Concert

Series takes place in one of

three venues. The smaller

Atlantis Theatre holds about |
650 people and is used for |

more intimate concerts where



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Near Shirley Street
Tel: 394-0323/5
OR 394-1377




























MER,
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_THE TRIBUNE

4
4

cess:

the ariists can better interact

with the audience. For much .

larger-ciowds and bigger stage
performances, there is the
choice cf either the Grand
Ballroom which can hold up
to 1400 people, or the Imper-
ial Ballrotm which fits 3000

“guests confortably.
Michele'Wiltshire, senior -

vice-presilent of Special
Events, saidthese events usu-

-ally sold ouiand the concert

series was a dig hit with both
locals and hoel guests.

“Where elst can you go and
get access to world class enter-
tainers like these in a close
personal envitcnment,”. she
said.

Acts like Fergie or the Jonas
Brothers usually perform in
stadiums where the seating
capacity is usually 20,000. At
Atlantis, the figure i is closer

to just 2, 000.

“The concert eries is a
vehicle to furthe: position
Atlantis as an entertainment
brand. Not only do\we have
the best casino, fines: restau-
rants, outstanding water fea-
tures, top night spot (Aura
Nightclub) and quality rooms,
but also we seek to give our
guests access to world-class
entertainers unlike any other
destination in the world?’ Ms
Wiltshire said.

“We give our best casino
customers further access to
great performers. We use the

concert as a tool to invite

them to come and play.”

The concert is also a preat
marketing tool, allowing the
resort to target past guests and
drive business in periods when
greater occupancy is needed.

With a successful first sea-
son almost finished, event
organisers already have sev-
eral top performers lined-up
for when the concert series
resumes in the first quarter of
2009.

Ms Wiltshire said that peo-
ple can expect a varied roster
that will appeal to just about
every taste.

“To make sure our local and
international guests come
back for more, we’re leaving |
them with our best concert
yet,” said Ms Wiltshire refer-
ring to the upcoming perfor-

mance oj the hit teen pop °

band the Jonas Brothers. They
are expetted to perform
before a crowd of 3,000 peo-
ple.










THE TRIBUNE

THURSDAY, OCTOBER 23, 2008, PAGE 11 |



Ph Loca News Se
Water supply improved in the
eastern part of New Providence

THE water supply in the
eastern part of New Provi-
dence has been improved, the
government announced yes-
terday.

The Water ahd Sewerage .

Corporation released a state-
ment saying it has undertaken
a “very aggressive” mains
renewal programme resulting
in better service on the East-
ern Road, Fox Hill and the
surrounding areas.

Mains renewal works are
still outstanding in several
areas of New Providence, the
corporation said — particularly
the southeastern and south-
western portions of the island.

Complaints: of rusty water
have been received from sev-
eral areas of New Providence,

including but not limited to: .

Sea Breeze Drive and Beat-
tice Drive, Imperial Park,
Pinewood Gardens, Soldier
Road and Coral Harbour, the
corporation also noted.

As an interim measure, the :

corporation said it undertook
to implement regular flushing
exercises at strategic locations.

“Due to the Titus vessel :

going on dry dock, the corpo-
_Tation’s supplies are severely

The Tribune wants to hear
from people who are
‘making newsintheir
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area.orhave wonan
award.

If so; S 01322-1986
and: share your story.

[eee



‘Very aggressive’ mains renewal
programme boosts service



limited and this will impact
our ability to flush our water
mains as per our usual sched-
ule,” the statement said.

The Titus usually barges
water to New Providence
from Andros on a daily basis.

The ‘statement said: “The
corporation will make every
effort to’ ensure a.safe and
adequate water supply for its

customers, and apologises for —
‘the delays that may occur in

our usual flushing pro-
gramme.”

The corporation went on to
note that it has been mandat-
ed by the government to-pro-

‘vide standpipe services in

Ste

Pictured from left: Renae walking, manager, personal financial services,
RBC Carmichael Road Branch; Annalee King, grand prize winner and -
Brenda Thompson; manager, client care, RBC Carmichael Road Branch

selected areas of New Provi-
dence and several Family
Islands.

“This ensures that each res-
ident of the Bahamas has full
access to a safe and reliable
source of water to prevent
incidents of water borne dis-
eases and those caused by
poor hygiene due to the lack
of water, thus safeguarding the
health of all citizens.

“Again, the corporation
appreciates and thanks you
for your patience during this
dry docking period and apol-
ogises for any inconvenience
you may experience,” the

statement said.





,

Tia aoksa ml at






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PAGE 12, THURSDAY, CTOBER 23, 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. ;

Colinaimperiat Insurance Ltd. will ied as mortgagee
under power of sale contained in a Mortgage dated
28th day of Sep’ *,A.D., 2004.

ALLTHAT 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,

SSSA SN ‘ WN Ma t AEA

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 f
sq. ft. The subject property is a four
bedroom, two bathroom single ead
dwelling.

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

| SSS HORNE ‘ SNNANWWNWw:.”. a gg CCCOO—_—_ Mn 000"

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

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.

ORS RRR SSS

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.

‘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
to 417. °

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).

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.

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,

P O BOX N-3734, NASSAU BAHAMAS

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





THE TRIBUNE



Cabbie found dead in taxi on Monday is identified

FREEPORT - The cab driver found dead in his.

taxicab on Monday has:been identified as 53-year-
old Robert Alexander Hall of East Beach Drive,
Freeport.

Hall was found slumped over the wheel of his
Chevy Astro Van around 7.39pm on Watkins Lane.

Foul play has been ruled out by police, who have
classified the incident as a sudden death.

Hall reportedly suffered from hypertension and

~ was taking medication for his illness. Just before

- his death, he was involved in a heated argument
‘with another man.

Grand Bahama police are searching for a driver

-. who struck a motorcyclist on Tuesday in a hit-and-_

run incident. Chief Supt Basil Rahming said the
incident occurred at around 1.40pm when Zhivargo
Stubbs, 27, of Clarke Avenue, was riding his red
and white Honda 650 XL motorcycle north along
Nelson Road in Poinciana Gardens.

According to police reports, upon reaching the
stop sign at the intersection with Ponce-de-Leon
Drive, Stubbs came to a stop.

A black 1999 Chevy Lumina, which was also tray-
elling north along Nelson Road, came up behind
him and crashed into the motorcycle, knocking the
rider onto the tarmac. Mr Rahming said the driver of
the car sped away from the scene. Stubbs was taken
to hospital and is in stable condition. '

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The management of Diamonds International is delighted to welcome to its staff Mr. Adi Kaniel as General Manager. Mr.
_ Kaniel along with Ms. Liz Daly has been employed at Diamonds International for many: years in management and has
worked in St. Martin, Belize and Alaska before joining Diamonds International Bahamas in December 2007.

Mr. Kaniel has a vision of growth and expansion of business for Diamonds International Bahamas. Since coming to the.

_ Bahamas, Mr. Kaniel has implemented programs for the advancement of careers for employees in the, Diamond and Watch
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Mr. Kaniel is determined to carry out the company’s mantra of providing committed and unparalleled service to our
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employees and he has plans for expansion of the company in Nassau and the Family Islands. Currently Diamonds
International has four stores on Bay St. and one ‘Boutique’ Store at Sandals Royal Bahamian Resort. °














THE TRIBUNE.

PAGE 14, THURSDAY, OCTOBER, 23, 2008

Hard work pays off for
students at CV Bethel









Major/Tribune staff






































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NASSAU © Town Centre Mall

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Fax: (242) 325-6368

- a Easy In- -House

@ By ALEX MISSICK

STUDENTS of the CV Bethel
Senior High School were awarded
for their hard work.on Wednes-
day during an academic recogni-
tion service to for their achieve-
ments throughout the school year
and their performance in the

to press on towards their goals and
reminded them that they are cele-
brating excellence as excellence

always begins with commitment:

“Commitment causes you to go

the extra mile. For those who are

better, it is because they are all
committed to what they do,” she
said.

Mrs Pratt reminded the students
that what matters.is not where they
came from or what they wear, but

where they decide to end up.

“It is what is within you that

causes you to keep on pressing for- .

‘ward. Never mind who says you

are not going to make it.” i
_ Principal of CV Bethel Senior

High Elise Beneby, said the event
is a typical example of how:CV
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our students,” Mrs Beneby said.

Ricara Skippings, an aspiring
accountant and 16-year-old senior
at the school, said she was amazed
that she could push herself to pass
six BGCSE examinations with four
As and two Bs.

“At first I did not think I could
do so many, but with the support

said.

Tevin Williams, another 16-
year-old student, said he was
shocked at his grades. He attained
two Bs and one A. |

“The teachers are a great help
because they go the extra mile for

us. They stay behind after school,’

or come early in the mornings or
even take time out of their lunch

‘oO

= BGCSE examinations. of the staff here at the school and
2 Guest speaker for the event, for- my family and friends, I had fun
w mer deputy prime minister and - doing it and I think that is what
2 MP for St Cecilia Cynthia ““Moth- made the difference. I enjoyed .
= er” Pratt, encouraged the students pushing my self to that limit,” she /



PRINCIPAL OF CV Bethel Senior High Elise Beneby, Rigata Skippings and MP
for St Cecilia Cynthia Pratt

breaks to talk to us. They make — students who made the honour roll
sure that you know everything you and principal’s list n the 10th and
need to know for the exams,’ ’ Mr _ 11th grades. ; 5
Williams said. . Pigg

The school honoured 10 grade | eS ‘
12 students who took the BGC- © See tomorrow’s Tribune for
SEs a year early and numerous © more on this event

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THE TRIBUNE



Florida election officials
dealing with long lines

@ MIAMI



ELECTIONS supervisors are adding new equipment, updat-
ing Web sites with wait times and handing out fans and water to

. people standing in long early voting lines, according to Associ-

ated Press.
Lines were so long in Broward County on Monday that the last

‘person cast their ballot at 10:20 p.m., hours after the polls closed.

Florida Congressman Kendrick Meek protested what he called
“excessive waits” at polling stations and said he was considering
filing a lawsuit to have additional voting machines installed.
In the first two days of early voting, the Secretary of State’s
office reports that 150,766 people cast ballots in Florida.

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i) pmagement Employment Opportunity

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A leading hotel invites qualified persons in the above mentioned field to
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e Aminimum of 5 years experience as a Supervisor i in the Engineering
Department
'e Must be proficient in Preventative Maintenance Programs
* Must possess a proven record of Team Leadership skills, and able to
work with little or no supervision
* Must possess strong interpersonal, Comm mUnIcaHOn, problem solving
and customer service skills _
° Must possess knowledge of Electrical &. Mechanical Systems i.e.
. HVAC, Plumbing & Heating ;
¢ Must possess basic Administrative skills with some knowledge of
Microsoft Excel
¢ Must be able to work long and flexible hours

Applicants with supporting documents also including a clean Pole
Certific. 2 should be sent to the address below.

Competitive salary and benefits package are commensurate with experience.

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marketing plans.

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Send resumes to:
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LOCAL NEWS

Monthly opportunity for young

THURSDAY, OCTOBER 23, 2008, PAGE 15







artists to express themselves

@ By LISA LAWLOR
EXPRESS Yourself, which

works to create a network of

the country's young artists, has
made a new step in the world
of entertainment — adding a
monthly concert to their week-
ly popular open mic nights.
On the last Saturday of each
month, creator Nadine
Thomas-Brown will select the
five or six best acts — whether

_ they be singing, delivering the

spoken word or playing an
instrument — to be featured in
a concert held at Hammer-
heads Bar and Grill.

The Express Yourself con-
cert debut will be Saturday 25

' October beginning at 9:55pm.

Concerts to feature
‘five or six best acts’

"I'm creating this venue for
young people," Nadine said,
"because they need some-
where to go besides the
streets."

In the Bahamas, she pointed
out, people tend to focus on

rake n’ scrape, the oldest form -

of music that:connects all
Caribbean countries: "And as
much as ]- love that old

_Bahamian sound, I know there

are some people that don't

connect with that in the -

younger generation," she said.

The Express Yourself open

mic nights are every Wednes-
day at The Hub on East Bay

- Street, and are an opportunity

for all young people to come
out and "do you", she empha-
sised. “There is a built in audi-
ence, no one is managing you,
no one is selling you, and most
importantly no one is censor-
ing what you say.”

The artists performing in the
first concert will be: Cyech

: Fox, ReBirth, 21, Chief Con-

nection, Renee Caesar and
Javan from Da Spot. Singers
who require. a live band wil!

be supplied with one.

Nadine said her biggest
inspiration is her mother, who
used to tell her: "If there's
nothing going on, make it hap-
pen.’

She said her life is commit-
ted to the development of
young Bahamians, and she

‘

also runs the ZNS hit "Roots.

and Culture" which explores
the Bahamian art scene. i

This year eight episodes
were filmed beginning in
May, and the show was the
launching pad for many, young
artists.

Enter to win a $1500 holiday shopping spree @ John Bull!





PAGE 16, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE



American hostage near Kabul

i By JASON STRAZIUSO
KABUL, Afghanistan;

U.S. Special Forces soldiers
conducting a daring nighttime
operation freed a kidnapped
. American working for the Army

Corps of Engineers — the first

known hostage fescue by Ameri-

can forces in Afghanistan, accord-
_ing to the Associated Press.

The American, who was
abducted in mid-August, had
been held in a growing insurgent
stronghold 30 miles west of Kab-
ul, U.S. military officials told The
Associated Press. They said sey-

eral insurgents were killed in last.

week's mission to free him.
Taliban militants have kid-

mapped dozens of international .

_ aid workers, journalists and other

foreigners in recent years and
have demanded large ransoms or
the release of imprisoned Taliban
fighters. for their freedom.
Increasingly aggressive crime syn-
dicates have also raked in big
money by kidnapping wealthy
Afghans and foreigners and
demanding ransoms.

Hostage rescues are rarely:
~ attempted and are difficult to pull
off successfully. Only two such
missions are known to have

occurred, both in 2007. In one, .

both Italian captives were wound-
ed in a raid by Ttalian comman-
dos.

Last.week's rescue came to the
attention of the AP after a U.S.
military official sought to bring
its successful outcome into the

public eye. Officials declined to —
reveal even the smallest detail or -

- the captive's identity, saying they

‘didnot want to compromise mil- -

- ttary tactics or the man's safety.
Three U.S. military officials

told the AP that Special Forces

troops were able to locate the kid-

nappet's hideaway. in the Nirkh

' district of Wardak province out-
side Kabul, but would not specify
how. They spoke on condition of
anonymity because they were not
authorized to release the infor-
mation.

In the case of the wescued
American, who had lived in
Afghanistan for several years, it
was not known whether any ran-
som demands were made. But a

spokesman for the Army Corps’

of Engineers in Afghanistan said
growing insecurity imperils its

INTERNATIONAL NEWS

US Special Forces rescue



AU.S. SOLDIER walks as the Afghan National Army (ANA) soldiers are seen on the back Grail dura a aration ceremony at a military training
center in Kabul, Afghanistan, on Saturday, Oct. 18, 2008, The U.S. military. has spent billions of dollars training and equipping the Afghan National Army.
International donors recently approved expanding the au from around 80,000 soldiers to 134,000 soldiers in the hopes that the force can one day

provide plghanistal s own security.

work to rebuild the country. :
"This guy didn't have any mon-
ey at all. It was like a personal
life mission for him to help oth-
ers," said Bruce J. Huffman, a

‘spokesman for the Army Corps .

of Engineers in Afghanistan.
"We all felt sick about it,
because he was never going to be
able to pay a ransom.
“He's over here helping peo-

ple and they're trying to makea .
_ buck off him."

News of the rescue comes on
the heels of the targeted killing
Monday of a British-South
African aid worker by Taliban
gunmen who accused her of

_ spreading her Christian faith.

"The hard reality is that more
areas are insecure today than they

were a year ago. There continues

. to be a wave of kidnapping —

even in the last few days," Zal-
may Khalilzad, the Afghan-born
U.S, ambassador to the U.N. told
the U.S.-Afghan Business Match-

making Conference in Washing- -

ton on Tuesday. He said attacks
are up 30 percent this year.
Mohammad Hazra Janan, the

head of the provincial council in |

Wardak, where the American was
kidnapped, said the number of

, abductions are "rising every day."

He said he knows that large rain-

.soms are being paid.

"There's no rule of law. The
government can't prevent these
crimes," he said. ~

"Of course the paying of a ran-
som only encourages that busi-

ness to grow. But one effect on
society is that the businessmen
will flee the country."

The Army Corps of Engineers'
work building roads and ‘projects

that provide clean water and pow- ,

er helps.extend the reach of the

‘Afghan government and stimu-

lates economic growth.

"Security has been a real prob-
lem, and the Corps of Engineers
has been working diligently to
build facilities for the Afghan
National Army and police in
order to foster a secure and stable
environment," Huffman said.

The Corps. takes precautions
to mitigate risk, he said, though
he provided no details.

"No one would want to come
over here and work if they

‘thought something was going to

happen to them," Huffman said.
"All our folks are volunteers.
Everyone has different reasons

‘why they volunteer and come, but

I think most of the people we
have get a lot of joy knowing

they're making a difference and.

helping to build a nation."

Chris Klawitter, a German
entrepreneur working in
Afghanistan, said he knows sev-
eral Afghan businessmen or their
relatives who have been kid-
napped.

“Routes are checked more

carefully now," he said.

"The issue is not the:Taliban
or al-Qaida, it's more criminal
activity which is the main obstacle

" in traveling nowadays."

Britain widens scope for stem cell research

li By DAVID STRINGER |
LONDON

British plans to allow scientists
to use hybrid animal-human
embryos for stem cell research
won final. approval from law-
makers Wednesday in a sweep-
ing overhaul of sensitive science
laws:

The: House of ‘Commons also

clarified laws that allow the Se
medical advances.
Brown says he Deneve: scien-

_ screening of embryos to produce

_ babies with suitable bone mar-

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Britain in almost 20 years.
The legislators voted 355 to 129

_ to authorize the proposals after

months of sometimes bitter

debate that has pitted Prime Min-

ister Gordon Brown's govern-

- ment and scientists against reli-.
_ gious leaders, anti-abortion cam-

paigners and others anxious about

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tists seeking to use mixed animal-
human embryos for stem cell
research into diseases such as
Parkinson's will help improve —
and save — millions of lives.

Decisions by Britain's Human
Fertilization and Embryology
Authority, an independent body
which regulates fertility and
embryo research in the U.K., to
allow the practice have previous-
ly been vulnerable to pballenees
in court.

While Britain has been: seen as’

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a world idaderi in stem cell and
cloning research, similar work to
create human embryos from ani-

mal eggs is also being conducted’

in China and the United States.

British lawmakers had already
endorsed individual proposals,
but Wednesday's vote involved
the complete draft bill.

"One in seven couples need .

help with fertility treatment,
350,000 people live with
Alzheimer's, every week there
are five children born and three

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young people die from cystic
fibrosis — all.issues that this bill

addresses," Health Minister |

Dawn Primarolo told lawmakers,

- opening a debate on the draft

laws. Britain's government opt-
ed not to allow legislators to use
the debate to consider the coun-

- try's abortion laws — last drafted
in 1990.— frustrating hopes of,

both anti-abortion lawmakers and

those seeking to liberalize cur-

rent regulations.
Ministers said lawmakers need-

~ ed to focus on important revisions

to rules governing stem cell
research and other scientific
advances, rather than examine
the emotive issue of abortion —
which ‘isn't covered by the draft
laws.

Brown is a strong advocate of
stem cell science and has said
Britain owes it to future genera-
tions to support the research.

Want to | know the



AP Photo/Musadeq Sadeq



Atheists plan
ad campaign
on side of

London buses



TRADITION: The London bus,

- which is familiar sight in the UK

capital. :

@ By JILL LAWLESS
LONDON

- London buses have God on

their side — but not for long, if

atheists have their way, accord-
ing to the Associated Press.

The sides of some of London's
red buses will soon carry ads

‘asserting there is "probably no

God," as‘nonbelievers fight what
they say is the preferential treat-
ment given to religion i in British

} society.

Organizers of a campaign to
raise funds for the ads said
Wednesday they received more

than $113,000 in. donations,

almost seven times their target,
in the hours since they launched
the project on a charity Web site.
Supporters include Oxford Uni-
versity biologist Richard

‘Dawkins, who donated $9,000.

‘The money will be used to

place posters on 30 buses carrying —
‘the slogan "There's probably no

God. Now stop worrying and

enjoy your life.",The plan wasto -

run,the ads for four weeks start-
ing in January, but so much mon-
ey has been raised that the project
may be expanded. . .

"A lot of people say trying to
organize atheists is like herding
cats. The last couple ‘of days
shows that is not true," said com-
edy writer Ariane Sherine, who
started the campaign.

While most London buses car-
ry posters for shops or Hollywood
movies, Christian churches and
Muslim groups have bought bus-
side ad space in the past.

Sherine came up with the idea

‘after seeing a series of Christian

posters on London buses. She
said she visited the Web site pro-
moted on one ad and found it
told nonbelievers they would
spend. eternity in torment in hell.

"I thought it would be a really

positive thing to counter that by
‘putting forward a much happier
and more upbeat advert, saying
‘Don't worry, you're not going to
hell,'" said Sherine, 28. _

"Atheists believe this is the
only life we have, and we should
enjoy it."

The British Humanist Aisicie: :
tion, which is administering the .-

fundraising drive, said it had been
so successful thé campaign might

“spread to other cities including

Manchester and Edinburgh.

Most Britons identify them-

selves as Christians, but few
attend church regularly, and pub-

lic figures rarely talk about their:

beliefs.

Former Prime Minister Tony
Blair was rare among politicians
-in speaking openly about his

’ Christian faith.

cret.

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THURSDAY, OCTOBER 23, 2008, PAGE 17



THE TRIBUNE

nn





A 2

“My work at The Tribune is rewarding | ae : | ae ; o

and challenging. [ enjoy contributing |

“to the look of our newspaper while

meeting the needs of our advertisers. 3 ,
hog -. Iam proud to work here. The | !
Tribune is my newspaper.”
ah He _ ESTHERBARRY ~~
Te ees PRODUCTION MANAGER
| | | THE TRIBUNE |





ea Pe Been .









PAGE 18, THURSDAY, OCTOBER 23, 2008

LOCAL NEWS

THE TRIBUNE.



Appeal for govt
assistance to get
wheelchair-bound
girl to school denied

FROM page one

who'need to make hospital

appointments and the like. We

would certainly provide trans-

port for the child,” said Mrs
’ Butler-Turner.

After tabling the single
grandmother of seven’s rejec-
tion letter from the Social.Ser-
vices department, Mr Smith
criticised the institution, saying
government needs to-re-eval-

_ uate the way it is operated. *

He then launched a personal
attack against Mrs Butler-Turn-
er, Suggesting that her ministe-
rial position also be re-evalu-
ated.

He recommended that the
Prime Minister distance him-
self from Mrs Turner, as the
public has lost all confidence
inher ministry.

He suggested that Mrs Turn-
er is more enamored with being —
a minister than performing her
public duties.

" “She has chosen to remain

aloof and far removed from the | °

people,” Mr Smith told: House -
members, —

Mrs Butler-Turner quickly
went on the defensive explain-
ing that the ministry rejected
Mrs Rolle’s plea for assistance -
because she was requesting

vehicle assistance for her
granddaughter too early in the
morning and that until further

notice-nothing could be done. ©
She then attacked Mr

Smith’s credibility by disclos- -}

ing a transaction that he had
promised to carry out for Mrs
-Rolte.

_ She said he took a pay stub
from Mrs Rolle weeks ago,
promising he would try to help .
her acquire a loan for a vehicle,”
but has not: In fact, said Mrs

Turner, Mrs Rolle has:not —

heard from Mr Smith since;

_. despite efforts to contact him.

Mrs Rolle’s plight is that
‘every morning for four years ©
. she has had to push her grand-
daughter in a wheelchair from
Kemp Road to RM Bale and
back.



FROM page one

cence, assuring Mr Christie that Special

Investigation Branch officers were con-

ducting their inquiries based only on
“assumptions”.

At one point the MP told Mr Christie
that the basis of the police’s investigation
isa housing development in which he
and a local developer were involved.

“They think me and (name omitted)
are in cahoots,” the MP said.

When pressed. to explain his involve-

ment in the housing development, the -

‘ MP assured Mr Christie that no money
_ had changed hands.

- In fact, he said he had used his father’s

collateral, along with the developer’s, to

_ buy the property.-

“So we didn’t have to.come up witha
dollar. . Only for legal fees, ” the MP said.
Senior ae foutes: see this latest: pt ‘ob-

lem as'a possible major obstacle in their

bid to win the 2012 election if the party is:

unable to distance itself from it.

“We have to-remind voters that this is
not acceptable and it will not be tolerat-
ed in the party,” said one source.

Mr Christie himself voiced concern
during a recent celebratory breakfast
held in honour of party stalwarts.

‘Reminding members and the press
that the party as an.institution is greater
than any one member, Mr Christie said:
“The PLP is built on foundations that

’ will last longer than the frailties of any-

body.

“During my time as leader of the Cab-
inet I dealt with every issue of every
minister and all persons who served with

me. The record as to how I dealt with it, .
whether to the satisfaction or not of peo- *

ple, is clear. But at all times, ensuring

‘that I was seen to act in pursuance of

the best interest.of this party,” he said:

rr TT PARTY OFFICE

Ever since The Tribune broke the sto-
ry of the MP being quizzed by police for

- his alleged involvement in a multi-million

dollar scam, observers have been await-
ing a response from party MPs.

‘But only the PLP MP for Fox Hill
Fred Mitchell has publicly announced
that he is not the MP being quizzed by
police. ,

The police investigation centres on 20
r ‘s involving tens of millions of dol-

matter involves the alleged

~ @u.vzzlement of funds ffom the Nation-

al Emergency Management Agency
(NEMA), where construction materials
were paid for, but never arrived at their
designated islands.

Another report allegedly involves a
$5 million contract awarded to a well-
known PLP supporter in the construction
field who was also questioned by police.

A multi-million dollar contract award- .

-ANOTHER —
FIRE ADDS TO. |
-ARSONIST FEARS

FROM page one a

down,” Mr Rolle explained. : ;

He has now passed on namés of the suspected arsonists to
and said he believed the incident was the result of arguments he had
been having over recent weeks.

Two neighbouring homes were slightly damnsed by the blaze
while Mr Rolle’s property was razed to the ground. -

Mr Rolle said the police fire department arrived two hou late -
and did not take a statement from him to find out what had hap-

_ pened.

AP in looming scandal
‘in talks with Christie |

ed to another well: known PLP heey

equipment operator is also under inves-
tigation. :

This time, the alleged scam involved a
contract awarded to clear two govern-
ment sub-divisions valued at over $7 mil-
lion. .

Not only was the contract already
‘inflated, the developer in question
allegedly turned around and sold the fill
_ from the land back.to government at $1
million per sub-division — totalling more
than $9 million on this single contract.

The PLP, and especially Mr Christie,
are particularly sensitive to any whiff of |
scandal because of the party’s ill-starred _
administration of 2002-2007.

The party’s collapse at last year ’selec-

_ tion was attributed to a succession of

scandals, all exposed and highlighted in

The Tribune, culminating in the Anna

Nicole Smith affair, ees ealed world- '
wide er, Fo

police

“They came'and helped put the fire out but they did not even ask
me anything to find out how the fire started. They: put the fire out
and left,” Mr Rolle said. :
Everything he owned was destroyed i in the blaze and he would.
like help in getting his home back together.
“I would appreciate any-assistance I can get, whether it be from

Though there were many
exchanges in the House
between Mrs Turner and Mr
Smith yesterday, they were not.
able to offer any solution for.
Mrs Rolle or hei disabled

social serv‘ree or whoever wants to assist because I only need the
dumber. I can rebuild-it myself but Ido need some help to get
back on my feet,” Mr Rolle said. | es 5
“The fife is one of several to ‘Gos ver: he: ‘hill communities in,
“recent: weeks; Black Village has.suffered five fi:esiin six months, all,
‘the result of arson, BCeoramne, to fesidents. Sena





HOVER THE WEEKEND, ‘the ‘Workers Party” office (above) in. Black Village was damaged for ¥ second time,and ©
a phonecard kiosk nearby went up ifr “Smoke: Yesterday, a tire it 1 Milton Street claimed the frome of: 50-year.



‘granddaughter. .



old gel Rolle. Fi



: Now i is the time to get that Ford you have always

dreamed about owning, we have available

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EMAIL: friendlymotors@hotmail.com ¢ WEBSITE: frtendlymotorsbahamas.com



pS ae

SSE a ae

FROM I page one

land sed sea is having a far’

greater affect on his business,

i he said.

"It is bad everywhere, and

this year is the worst for us,"

he said.

Fred Lunn, general -man- -

He said: "9/11 was a quick
peak, people were afraid to
travel, but after that it went
back to normalcy.

“What we are experiencing

now is a slippery slope. We_

may not see the fear that was
there in 2001, but this is a mat-
ter of losing your house, or



tha Allen, said her sales have

-been dropping since June.

"We really rely heavily on
cruise ships because they bring
the bulk of the people down- -

_town, so:we have béen affect-

ed by various things, like
cruise lines taking passengers
to their private islands,"

5s _ your job." . -And although there were
Bae or eee d ae Cruise ship passengers fell _ five boats in Nassau Harbour
Reo ete ee eee by nearly 50,000 this year, with on Tuesday, people were not

economic crisis and Novem-

~ ber 4 US election means péo-*

ple are holding on to their
cash in a different way than

after 9/11.

just 178,189 arriving by ship
in July 2008 compared to
226,927 in 2009.

Manager of Pirates, Saman-

BTC ‘has not
reimbursed pay
deducted from

some employees’

FROM page one

page on August 11 and 12 were reimbursed. However, it was only

after absence records were re-evaluated and the 49 individuals
were found to have been deducted incorrectly.
“That is the extent of the reimbursement. Nothing more. The

suggestion in the article that the decision was reversed and all 514

staff members reimbursed accordingly is totally false. BTC man-
agement stands by its original decision,” he said.

He also noted that BCPOU president Robert Farquharson, only

represents his members, not the entire company.
“It would seem that the press interpreted Mr Farquharson’s
comment on the reimbursement of the 49 staff members to mean

something that is absolutely not the case. Instead, on a matter
like this, I would like to think that the press would have waited to
confirm this story with BTC officials who can clarify the company’s

position on this or any matter,” said Mr Griffin.

necessarily shopping.
Manager of the Beauty

Spot in Bay Street; Jonathan

Brown, said his business used

_ to rely on tourists for a stable

income, but now depends on
Bahamian customers for its

‘bread and butter.

. Also affecting business has |
been an extra three per cent
tax on cosmetics and five per
cent rise on fragrances.

Nassau Tourism and Devel-
opment Board chairman
Charles Klonaris said the eco-
nomic. downturn and slowing
trade is an opportunity for
businesses to improve their
product.

He said: "I expect the
falling number in July was the
beginning of what we are
experiencing now.

"It is an economic problem
across the world, and it means
that competitianis becoming
stronger each day.

"Fighting for the same dol-
lars is becoming more diffi-
cult, and we have to provide a
product which exceeds the
expectations of our visitors.

"Until we revitalize the city
and it becomes a great ren-
dezvous that everyone wants
to go to, to enjoy.themselves,
it is going to be a hard sell."



THE TRIBUNE bo. THURSDAY, OCTOBER 23, 2008, PAGS 19
LOCAL NEWS






Deloitte congratulates Junior Auditors from | to r Kershala
Albury, Sanchina Kemp, and Dominique Gilbert on your
Financial Service Industry Student Award Nominations 2008,
presented by The Bahamas Financial Services Board, Continue

to strive for excellence in all of your e










Deloitte refers to one or mare of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each
of which isa we tee inane
the legal structure FE niin eatin mate eien mention Siren






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PAGE 20, THURSDAY, OCTOBER 23, 2008 THE TRIBUNE

LOCAL AND INTERNATIONAL NEWS

Georgia wraps up record sea turtle nesting season

i SAVANNAH, Ga.

- GEORGIA finished its nesting

season for rare loggerhead sea tur-
tles with a record 1,646 nests count-
ed along the state’s 100-mile coast,
and researchers reported ‘higher

olinas’ as well, according to Associ-

ated Press..-?
The 2008 season marked the 20th
year biologists and volunteers have

) stallied loggerhead | nests on Georgia
beaches. This year’s count exceeded
by 9 percent the previous record of

1,504 nests in 2003, though some

nests were destroyed by Tropical
Storm Fay in September.
Department of Natural Resources
bidlogist Mark Dodd, who was able
to announce Georgia’s record sea-
son in August before the final count
was in, said Wednesday it’s too ear-
ly to say if the state’s nesting popu-

lation is rebounding after staying
relatively flat since 1989.

“When you get one of these high
years like this, you always hope this
is the beginning of an increasing
trend,” said Dodd, coordinator of
the Georgia sea turtle recovery pro-
gram.

‘a threatened species.

The overall population of the
massive turtles, which weigh up to
300 pounds, remains fragile. The
federal government is considering .,
a proposal to classify loggerheads ‘:
as endangered, possibly by early,,
2009, after 30 years of listing them as
4 . ela store aie (AP)

than average numbers ‘in the Car-

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“the social aspect is _

nsortium submitted -
n a grammes designed to provide
le upcoming Bahamian genera-
ali tions with choices and options.
me _ Arguing that “waste is the
i papalitias! oil”, Ms McKinney

George sonia

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Lawsuit threat
on Film Studios
-fleal collapse

By NEIL HARTNELL
Tribune Business Editor

A FURI- |
OUS row has |
broken. out |
over the col- |
lapse of a deal
to acquire the }
Bahamas Film.
Studios, with

“the current.
owner threat-
ening to serve
“arbitration

a
Owen Bethel



Decale oe Recaurces
_ plans to donate one-third of the
net income generated by all
environmentally- friendly pro-

jects it is involved in to a Foun-
dation, which would then
finance a variety of youth pro-





said ihe Bahamas Renewalle

Energy Resources’ proposal
» which, like those submitted by

the Plasco Energy Group and
the consortium Bahamas Waste
is involved in, would generate
electricity through thermal con-
version of garbage at the Har-

_rold Road landfill, would also

give BEC options in terms of

Family: isiend power seneta
‘tion.

She explained that the tech-

nology the Bahamas Renew-.

able Energy Resources plant

would employ could convert the.

gas created from waste com-

_ bustion into a liquid. This could

then be transported to other
Bahamian islands to fuel power
generation there.

- “With this technology that
we’re using to take it to a bio- -
_ gas, the gas can be kept as a EAs,

but also made into a liquid,” Ms

McKinney said, “It can then be
shipped around, and it has a far

more-reaching effect for BEC
_in terms of Out Island power

generation.”

The Bahamas Renewable
Energy Resources plant. will
employ 50 persons if it receives

the go-ahead from BEC and the
e SEE page 14B

and/or a possible lawsuit? on
the former buyer who yester-
day vehemently denied his
‘breach of contract’ allegations.

Ross Fuller, chairman of the

- Bahamas Film Studios and its

immediate holding company,
Gold Rock Creek Enterprises,
alleged in a series of e-mailed
answers to Tribune Business’s

_ SEE page 7B

Price change plunges Shell gas dealers into losses

@ By NEIL HARTNELL
‘Tribune Business Editor

SHELL gas station dealers yesterday
said they feared losing thousands of dol-
lars because they had bought their exist-

ing supplies at a price $0.32 per gallon”

higher than the new $4.60 retail price
they are now required to sell it at.

One dealer, speaking to Tribune Busi-
ness on condition of anonymity, said a
number of Shell gas stations had bought
their current supplies last week when —

imposed by the Government are $0.44

per gallon, the price at which the Shell .

dealers bought their gasoline from
wholesaler Sun Oil, a FOCOL Holdings
subsidiary, was $4.92 per gallon.
‘But Sun Oil’s decision to immediately
lower retail prices to $4.60 per gallon on
~ Tuesday has left those retailers facing
the $0.32 per gallon loss, given that the
wholesale price they purchased at was
$4.92 per gallon.

A Tuesday, October 21, 2008, memo .

sent out to all Shell dealers and fran-

be auvicett that: effective today, Tues-

day, October 21, 2008, the price of

Defenda decreases to $4.60. Kindly

adjust pump’prices to reflect the same.
The memo, a copy of which has been

obtained. by. Tribune Business, was also

sent to Yorick Cox, > Sun Oil’s marketing

_Manager.
‘This: newepaper was told yesterday
that one dealer faced making a loss of at
least $7,000 on the latest shipment as a

result of the instant retail price reduction,

anid the situation was getting dealers into

Motorists, ney had heard that retail
rices at Shell stations were falling to
$4 .60 per gallon, felt “cheated” because
dealers were still selling at the ‘old’ $5.36
per gallon Price to ensure they generat-

ed a profit.
+ “The motoring public got wind of it

»~ [the price. reduction], and now feel the

. dealers are cheating them because no

change in price has been made,” the

source said. “We’re refusing to drop the
price because we’re losing money.”

“the retail price was still $5.36. 5

Given that the fixed retail margins

Film Studios ‘not viable’
_ without real estate

@ By NEIL HARTNELL
Tribune Business Editor

THE head ofa group that
eeCmpi to acquire the Grand

‘Bahama-based Bahamas Film —

Studios yesterday confirmed-
Tribune Business’s exclusive
story that it had withdrawn

‘agreement between Mr Fuller

and the Government, the group

‘has decided not to proceed with

its interest in purchasing the
Studios: and ae paclarcat prop-
erty.”

With the - “Government
exploiting the fact that the

Bahamas Film Studios has

“¢chisees byEddie Thompson, a Sun Oil “trouble=with-both the motoringpublic: 4!
retail sales representative, said: “Please



and poyetanier regulators.



And, as a result, following customer

SEE page 6B

Au Gr rown ‘Ue!
| Time for a Bank of -

The Bahamas International.
Junior Account -

from the deal, saying the.project - defaulted on its Heads of Dp ; Pare

was simply “not: Wiobley Wt Agreement obligations and ‘Parents, Grand Parents, anne

out 3,400 acres of accompanying lease payments to renégotiate Aunties, Uncles, Everyone!

real estate. that agreement’s terms, the ; Soa * nh :
Bahamian banker Owen anounk of land available to any B.0.B. has a bank account just for me!

Bethel, who put together the developer has been reduced

Bahamas FilmInvest Interna- from 3,500 Crown acres to just

tional consortium, told Tribune 120 acres. i

Business: “I can say that the |. And without that land, Mr Features:

agreement with Ross Fuller has
expired.
. “Based on the fact that we.

have not been made aware of.

the exact terms of the revised



Bethel said: “The project with
just a standalone studio isnot
viable at this time.”

SEE page 5B
More ‘insight’
needed for .
regulatory
consolidation

@ By NEIL HARTNELL
Tribune Business Editor

THE Government is seeking
an. international expert to advise
it on the process for consolidat-
ing the Bahamian financial ser-
vices regulatory regime, a min-

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PAGE 2B, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE



eee ee
Timing of the filing critical for mortgages

English Common Law, upon
which Bahamian mortgage and
land law is based generally, and
the Conveyancing and Law of
Property Act 1909 require the
recording/filing of the relevant
. mortgage document and con-
veyance (where applicable), after
the production of evidence show-
ing stamp duty has been paid.

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This legal requirement is nec-
essary to protect the party to
whom the property is mortgaged
against third parties generally,
without proof of specific notice
to any particular claimant or any
actual knowledge on its part of
the prior interest.

In addition to the foregoing
legal principle, a security interest,

hs

which is unrecorded or filed, in
the absence of a statutory provi-
sion to the contrary may be per-
fected vis-a-vis a particular third
party by notice to that party or
by knowledge on his part.

In general, an
accurate and thorough title
search of the particular property
being mortgaged, or used as

security for a mortgage, will
assist any prospective third party
purchaser or creditor in discov-
ering the existence of an adverse
title or security interest, whether
created by the prospective seller,
debtor or by one of his prede-
cessors in title.

Mortgage documents and oth-
er documents of title in support

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of the mortgage are filed to give
notice of the security interest to
such third parties.

Although failure to file or
lodge the relevant mortgage doc-
ument does not, in principle,
affect the enforceability of the
security against the debtor him-
self, the time of filing is of utmost
importance in terms of the pri-
ority of interests of the secured
creditor (the mortgagee ).

It is important to note that in
terms of the priority of security
interests, particularly as it relates
to mortgages in the Bahamas,
“the first document to be record-
ed in time prevails”, notwith-
standing the date of execution
or creation of the document.

Failure to file/lodge a security
interest, whether it be a mort-
gage or a judgment order from

‘the courts, will result in that

secured creditor’s claim being
postponed and the risk they
could lose out altogether to an
outright purchaser, particularly
a bona fide purchaser for value
with no knowledge of the prior
security, and one who is not
involved in any fraud or collu-
sion regarding the same...

It should be noted that where
the mortgaged property is a debt
or other money owing to a per-
son to whom the notice should
be given (such as a prospective
purchaser, secured creditor), a

ie mortgagee who gives written
'|\ notice to the debtor gains prior-.

ity over an earlier mortgagee
who fails to give notice. The fail-
ure to effect notice leaves the
property under the mortgagor’s
control, and deprives the second
mortgagee of the chance to
ascertain the existence of the first
mortgage by inquiry..of the
debtor.

The filing of the relevant mort- »

gage is important to the notice

_Tequirement, and to protect the

interests of the first mortgagee
because the priority of the sec-
ond mortgagee does not depend
on whether it made inquiries; it
depends solely on notice. How-
ever, a second mortgagee will
not gain priority if it gave no val-

_ ue, or if he had knowledge of a

prior mortgage at the time of his
advance.

A judgment creditor who

obtains a charging or similar
order from the court will be
treated as a volunteer, and can-

not gain priority by giving notice.

It is also important to note that

“ Where Tioti¢es are contémpora-
‘neous, the encumbrances will



Tyrone Fitzgerald

rank in order of the creation
time,

With regard to the priority and
enforceability of real property
taxes as a lien on,the mortgaged
property after filing of the mort-

‘gage document, it should be reit-

erated that real property taxes
represent a first charge over
property, under Section 21 of the
Real Property Tax Act 1969
(“the Act”). This arises auto-
matically by operation of law. and
does not require filing or lodging
by the appropriate governmental
agency/department/ministry
responsible for the assessment
and collection of such real prop-
erty taxes. Additionally, under
Section 7 (5) of the Act, real
property taxes can be assessed
for 10 years retroactively.

This first charge which, quite
arguably, ranks in priority to the
mortgage security interest filed
and created by the mortgagee,
is better understood in the con-
text of the legal obligations and
liability of mortgagees as they
relate to the payment of real
property tax on the mortgaged
property, since those mortgagees
will be deemed to be owners of
the property where real proper-*
ty taxes remains unpaid, partic-
ularly during currency of the
mortgage loan, under Section |
16A (1) Fiscal Reform and Tax
Relief Act 1990.

. © 2005. Tyrone L. E. Fitzger-
ald. All rights reserved.

NB: The information con-
tained in this article does not
constitute nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to seek
the relevant legal advice and |
assistance regarding issues that

_ may affect them and may relate

to the information presented.
Tyrone L. E. Fitzgerald is an
attorney with Fitzgerald &
Fitzgerald. Should you have any
comments regarding this article,
you may contact Mr Fitzgerald at
Suite 212, Lagoon Court Build-
ing, Olde "Towne Mall at Sandy- -
port, West Bay St., P. O. Box
eee Naseaty Bahamas or <

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THE TRIBUNE THURSDAY, OCTOBER 23, 2008, PAGE 3B



Neen Nassau firms urged to exploit Freeport bond
Teel a 2 ae BRENNEN-
pru d ent Business Reporter
card use

@ By CARA BRENNEN-
BETHEL

Business Reporter

close to its dock facilities, to absorb the cost of transport-
unlike similar ports.in the US, ing containers back to the port
where goods have to be stored _ when they are ready for ship-
off-site and then owners have ment.





NASSAU-based companies .
were yesterday urged to take
advantage of the ‘bonded ware-
house’ zones in Freeport, as
they could store goods and
inventory without having to
pay import duties until they
were ready to use them.

Speaking to the Nassau busi-
MasterCard is seeking to | 2°SS community during a

educate its clients on the Be cri en Rag Cony
Tapa GM Jones, chief operating officer RAYMOND JONES speaks to the Nassau business community during
global sents ane of Hutchison Ports (Bahamas), — the Bahamas. Chamber of Commerce luncheon...’
Patricio Rubalcba, vice- which operates the Freeport
president for commerce Container Port, Freeport Har- and you can’t bring it to the _ nesspersons as well.
development, travel and bour Company, Grand Bahama store until next month, and . “We are trying to, get inter-
entertainment for Master- | Aiport Company and the Sea where you've paid the duty and — national importers to look at it
Card Latin America andthe | Ait Business Centre, described the cash is not available to you, _as well. They bring in trailers
Caribbean, told Tribune | What he feltwasa tremendous jf you were to hold those goods and trailer loads of goods, pay-
Business yesterday that it opportunity for businesses to jn Freeport in bond, the duty ing duties and various costs on
was still too early to say how | prove their cash flow. is paid when it comes down to __ it, when they could store it in
the need to save and curtail What I am suggesting is that Nassau and the difference is Freeport cheaper and then,
spending, as encouraged by people study and take a look that you’ve saved the carrying _ when they need it, we are right
governments'and Central | t the Container Port, because cost of that money fora month _ next door. The terminology in
Banks worldwide, will | in Nassau you do not have the of two.” the industry is ‘Just In Time’,
impact his company in either same sort of bonded import of Mr Jones described this as a Mr, Jones said the Freeport
either maintaining and certain goods,” Mr Jones said. simple equation that could Container Port has the physical
By using Freeport’s bonded work for international busi- space to provide storage very

attracting clients or in the er PeHOucce Naseaucbased

celles Hon Ob Pavan companies could import goods
NOTICE IS HEREBY GIVEN as follows:

~ “T think it is still too early Bed Gavenbonye intOn the
to determine what the out- Bahamac dutytiee) They

(a) CIRCE OVERSEAS LTD. is in dissolution under the
provisions of the International Business compan Act

come of this credit crunch would only pay the required
2000.

JOB VACANCY AT PRIME BAHAMAS
_Mechanic | Hel Iper

We ate “seeking pro canal and lable person to assist-in the
Mechanic Shop to work on diesel vehicles. The qualified applicant
must have had 2 years prior experience and be willing to work under
supervision, time requirements. References are ne and helpers
wth their own tools isa plus.




























Felipé Major/Tribune staff

en te

Please send your resume and deers: tthe Warehouse Nerecet
via fax, emai or in ee





Attn: Craig Rating
| Prime Bahamas oN
‘crahming@primebahamas.comn He
fax: 394-0282.

























will be. My take is that it will

depend on how long we customs and Stamp duties when

remain in'this state There | “these products were removed

have been tremendous deci- from the warehouses for ship-

Rionieihat have been‘made’ | — Pins to\Nassau and put on cus-

so I think we have to wait | ‘tomer display, providing poten-

and see,” Mr Rubalcaba tially a big boost to cash flow.
ean Mr Jones therefore encour- |
He added that despite the aged businesspersons to take
credit squeeze, he still advantage of what the Freeport
believes people will travel | Container Port offers by devel-
and spend: oping holding facilities and
uInGn if igiwinter and warehouses in Freeport where
cold, people will travel,” Mr they can bring in goods, store

Rubalcaba said. as eae one ane when
. they need them in Nassau or

aaee eC ar nesadced, for export to the Caribbean,
they can load them up and ship
them down to Nassau.

“Tt will be more convenient,
but you could have your goods
and not have to pay duty on
them while they are sitting in
the warehouse,” Mr Jones said. _

“So, if you bring in goods,
instead of having that sit here




(b) The Dissolution of said Company commenced on October
22, 2008 when its Articles of Dissolution were submitted
and registered by the Registrar General.

(c) The Liquidator of the said company is Lakeisha Collie of
2nd eee West, Centreville, Nassau, Bahamas.



(d) All: persons having Claims against the above- named
Company are required on or before the 20th day of November,
2008 to send their names and addresses and particulars of

their debts or claims to the Liquidator of the company or,
in default thereof, they may be excluded from the benefit
of any distribution made before such debts are Prove:

felt it was extremely impor-
tant in this climate to have a
healthy and effective use of
‘credit.

“These are times of uncer- ©
tainty, and it is important
and key that Master Card
continue the programmes it
already has out in-the mar-
ket to encourage and train

people i in the proper use of
_| credit,” Mr Rubalcaba said.
“The key word is the | ‘’*
| effective use of credit. If can” |’
be a great tool, particularly
when you use a‘debit catd
which allows better control.
But we still ncourape peo-

OCTOBER 23, 2008




- ~° LAKEISHA COLLIE
LIQUIDATOR OF THE ABOVE-NAMED COMPANY

EPLOVNENTOPDORT UNITY ~—
HEAD ENGINEER

Large private estate in Nassau seeking a Head Engineer capable of
‘effectively managing the estate. Candidate must have certification/
experience in engineering and be able to maintain all equipment on the
estate. Previous experience working with large private estate, small luxury
hotel or embassy. essential. Applications and resumes should include
reference from: previous | three emplayels. Send resume, certificates and
a references to: Siege





INSIGHT

For the stories
behind the news,
read Insight
on Mondays

HEAD ENGINEER
P.O. BOX N-7776 (SLOT 193)
NASSAU, BAHAMAS



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for any additional information.

AUDIT = TAX = ADVISORY.

© 2008. KPMG, a Bahamas partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a
Swiss coaperative. All rights reserved. :







PAGE 4B, THURSDAY, OCTOBER 23, 2008

Bank names top wealth manager

Financial Services Board

BANK of the Bahamas Inter-
national has appointed Dianne
Bingham as its senior manager
for private banking and trust
services.

“We are pleased to announce
the appointment of Dianne
Bingham as senior manager of
private banking and trust,” said

Paul McWeeney, Bank. of the
Bahamas International’s man-
aging director.
“Ms Bingham brings a wealth
of experience, and a solid grasp
of the importance of client rela-
tionships in private banking, at
a time when private banking
and trust services are becoming

(pee eY Sree

increasingly strong components
of the bank’s diversifying foun-
dations.”

A 24-year financial services
industry veteran, Ms Bingham,
who is also currently chairman
of the Society of Trust and
Estate Practitioners (STEP)
Bahamas’ branch, is a Bahamas

}on that dream vacation ~
here for more info

Use your local credit card. Tickets are issued locally.

ass mh

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

PUBLIC AUCTION





poll haL OCTOBER 25TH, Lah

toe By Order of

_ The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of ale Bahamas

I. G. STUBBS WILL SELL ©

WHAT:

' schedule below:

MAKE/MODEL

1990 - 34’ Offshore Vessel

1977 - 53’ Défender

1992 - 45’ Defender Vessel

1989 - 48° North Carolina

1979 - 52’ Hatteras Fibre Glass Vessel

1980 - 47’ Garcia |

1981 - 51’ Defender Vessel
80’ Custom Steel Hull Vessel

94’ Steel Hull Gulf Coast Shrimp Trawler

1980 with two (2) Volvo Diesel Engine

SSeS

the site.

122’ Single Screw Steel Hull (1960)

Bleven (11) assorted used vssels as econ in the

NAME LOCATION
Der Berry’s Potters Cay
Shabak Potters Cay
Liminos Potters Cay
; Coral Harbour
M.V. Buddy. Arawak Cay
Miss Quality Potters Cay
Equality - Owner/Andros
Lady Kristy | Owner Possession
Sweet Charlotte Owner Possession,
Morgan Bluff = °
Andros
M.V. Lisa I Bradford Marine
Freeport

- LOCATION: Potters Cay Dock - Nassau, The Bahamas



: TIME: 11:00am - Saturday, October 25th, 2008 - Preview Aid Inspection from 9:00am Unt Auction time at

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 se: 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

Ae ye ow es

Se pg ree ny Ey. EY eww

THE TRIBUNE

(BFSB) director.

The BFSB’s ‘Professional of —
the Year’ in 2004, Ms Bing-
ham’s responsibilities in her
new post with Bank of the
Bahamas International will
include providing wealth man-
agement, investment advice,
estate planning and trust ser-
vices to Bahamian and interna-
tional high net-worth clients.

She began her financial ser-
vices career.as an accountant
with the Nassau branch of
Pricewaterhouse Coopers
(PwC) before accepting a post
in the Nassau office of a major
Canadian bank and trust com-
pany, where she served first in
trust services and, later, as head
of its private banking client

group. ET TNT



Marketing Manager
We are search in ofa talented, innovative, charismatic and creative
individual with a passion for success and the ability to initiate progress.

Skills and Requirements

> Strong or ganizational skills hone with excellent oral and’
ability,
Ability to plan, organize, direct, control, to aclieve he
business development objectives in product markets
Proficient in Quark, Corel Draw, Photoshop and Microsoft Of
Ability to work in a fast paced environ
Ability to multitask -
Excellent inter fefeonal skills
Strong leadership skills
Professional appearance
A desire and passion to get ahead
Ability to work well ode Pave

‘itten communication

and long-range

VVVVVV VV

Minimum Requirements

Bachelor’s degree or equivalent MBA in marketing and management preferred
marketing or business administration

At least 5 years of marketing experience in retail iia

Proficient in Quark, and Microsoft Office applications

4

APPLY VIA EMAIL TO:
marketingopportunity2008@ gmail.com

F erm ti . s
Single & Multifamily Lots
Including: >
¢ Jogging Track
e Nature Trails

e¢ Tennis & Basketball Cou
Access to 3 beaches

e Waterfront
e Marina

¢e Canal Sites
¢ Yacht Club

Selected lots now available

Minimum size 7,500 sq. ft.
Starting at



Confidence Investments Limited
Tel: 354-3145 © 325-6447/9 © 362-1144
After 6pm: 341-7184 © 424-5227 © 324-1685





THURSDAY, OCTOBER 23, 2008, PAGE 5B

THE TRIBUNE .

Film Studios ‘not viable’ without real estate

FROM page 1B

The previous PLP’ adminis-
tration had leased almost the
entire former US Air Force
Missile Base to the initial trio of
developers - Hans Schutte, Paul
Quigley and Michael Collyer,
all of whom are now deceased -
and Prime Minister Ingraham
felt those terms were unduly
generous, with too much land
granted.

Yet that land was critical to
their plans, and those of Mr
Bethel’s group and other devel-
opers, as the real estate com-
ponent would have generated
the majority of the Bahamas
Film Studios’ revenues and
profits.

Apart from the existing water
tank and associated film/TV
production facilities already at
the Bahamas Film Studios, the
project’s economic sustainabil-
ity always depended on the
development of a hotel, movie
theme park and residential real
estate component - at least until
a steady flow of business from
incoming movie/TV production
crews was developed.

Mr Bethel’s group had pre-
viously pledged to invest
upwards of $90 million in com-
pleting the original vision for
the Bahamas Film Studios.

Meanwhile, Mr Fuller yester-
day told Tribune Business he
planned to continue operating
the Bahamas Film Studios him-

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OCT.10th

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BRITISH
COLONIAL HILTON _






(Harrold Rd).

Hwy. (Harrold Rd).

Farrington Road
Nassau, The Bahamas
P.O. Box SS-19048

to Friday.

envelope(s) addressed to:

Tenders.

INTERNATIONAL
KOU:
VIRGINIA ST.

MINISTRY OF THE ENVIRONMENT
DEPARTMENT OF ENVIRONMENTAL
- HEALTH SERVICES.

‘GOVERNMENT NOTICE
INVITATION FOR TENDERS

The Government of The Bahamas is inviting tenders for
following contracted services. ;

1. The maintenance and repair of air condition units
at its Farrington Road complex and the solid waste
site buildings, off Tonique Williams-Darling Hwy

2. Servicing, maintenance and repair of Mack tandem
trucks, Solid Waste site off Tonique Williams-Darling

3. Servicing maintenance and repair of tractor
equipment, Solid Waste site off Tonique Williams-
_ Darling Hwy. (Harrold Rd).

Interested parties may obtain further information including
eligibility to participate and may collect the bidding
document upon payment of a non refundable fee of fifty
dollars ($50.00) as of October 17th, 2008 from:

The Department of Environmental Health Services

Telephone No. (242) 322-8037, Facsimile No. (242) 322-
8073 between the hours of 9:00am and 5:00pm Monday

The method of payment will be certified cheque or cash.
Tenders are to be submitted in triplicate (3) in sealed

The Tenders Board
c/o The Financial Secretary |
Ministry of Finance .
Cecil V. Wallace Whitfield Centre
P.O. Box N-3017
Nassau, N.P.,
The Bahamas

) No later than October 31st, 2008.

Tenders will be open at 10am on November 4th 2008 at
the office of the Tenders Board, Ministry of Finance.

The government reserves the right to reject any or all

An BMAWMIOROO

WEST BAY ST.



GN-767


































self and look to attract the
Pirates of the Caribbean IV
production to film there. This
was after a $600 million pro-
posal to acquire the Bahamas
Film Studios did not come to
fruition.

“I plan to go on operating the
studio with hope of bringing in
the next ‘Pirates’ film and
another major pirate-like pro-
duction that is expected to be
green-lighted within the next 60
days,” Mr Fuller said in
response to Tribune Business
questions.

“This is, however, dependent
upon the Government honour-’
ing their promise of last July to
modify our Heads of Agree-
ment ... an effort whose delay

" has already cost us one produc-

tion which would have been a
great benefit to the ailing Grand
Bahama economy.”

He added: “We have had an-
offer for the development of the
3,500 acres into a very high end
Space-travel related facility,
together with hotel, housing,
etc, which sought to spend $600
million. But the Government
did not indicate any interest in
pursuing it or to accept the
Bethel plan.”

Mr Fuller said the Govern-
ment had promised to grant the
Bahamas Film Studios 120
acres, but. added that he would
not renew efforts to sell it until
the dispute with Mr Bethel’s
group was resolved. (see other
article on Page 1B)

He added that talks with the
Government on the revised
Heads of Agreement had been
completed in July, and “we
have been waiting since then
for then to formalise a new

Heads of Agreement. We have -

been told that the Attorney
General’s Office is responsible
for this long delay”.

When asked about the
Bahamas Film Studios’ eco-
nomic viability now that it had

More ‘insight’
needed for
regulatory —

consolidation

FROM page 1B

attempting to identify someone
who could assist us a little more
in that process, and: advice the

* committee established to deal

with this.

“We were looking for some-
one and still are. Really, at this
point, that’s where we are,
because we want the benefit of
someone who has been through
this before and can shorten the
implementation period, as they
have the benefit of expertise in
this area.”

In consolidating the Bahami-
an financial services regulatory
regime and the supervisory bod-
ies, this nation has the choice
of adopting either the “Twin
Peaks’ model used by the likes
of Ireland, where the Central
Bank is left to regulate the
banking industry and all other
regulators are merged into one,
or following the UK’s lead and
merging all supervisors into one
body such as that country’s
Financial Services Authority
(FSA).

_ SEE page 7B



Abaco Markets































Dc



















52wk-Hi - Highest closing price in last 52 weeks
62wk-Low - Lowest closing price in last 52 weeks





Previous Close





Change - Change in closing price from day to day
Daily Vol. - Number of total shares traded today







(S) - 4-for-1 Stock Split - Effective Date 6/8/2007
r ive Date 7/11/2007

Ai



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

Bahamas Supermarkets
Caribbean Crossings (Pref)
id

Bahamas Supermarkets






Colina Bond Fund
Colina MSI Preferred Fund
Colina Money Market Fund

Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund

FG Financial Growth Fund

~ Previous day's weighted price for dally volume
Today's Close - Current day's weighted price for daily volume

DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnings

Ri COUNA 242-502-7010 | FIDL

been denuded of associated
land options, Mr Fuller replied:
“The Film Studio is very viable
because of a promised reduc-
tion in the rental payments and
the relatively low maintenance
costs. Most.of the real future
expense is involved with the
tank repair that was caused by
Disney's removal of equipment
and damage to the seawall.”

As for Phoenix Engineering’s
claim against the Bahamas Film
Studios for $300,000 in out-
standing sums owed to it, Mr
Fuller said he intended to pur-
sue Mr Bethel’s group for this
money.

While Phoenix Engineering
could re-open the lawsuit, Mr
Fuller added: “Since we are not
selling to Mr Bethel, it would
seem to me that an injunction
against a sale to him would be a
shallow victory.” :



1.77

11.80 Bahamas Property Fund 11.80
19.68 7.64 Bank of Bahamas 7.64
0.99 0.85 Benchmark 0.89
3.74 3.49 Bahamas Waste 3.49
2.70 1.95 Fidelity Bank 2.37
14.15 11.00 Cable Bahamas 14.14
3.15 2.84 Colina Holdings 2.85
8.50 4.80 Commonwealth Bank (S1) 7.27
16.88 1.99 Consolidated Water BDRs 2.55
3.00 2.25 Doctor's Hospital 2:77
18.10 6.02 Famguard 8.06
13.01 12.00 Finco 12.00
14.66 11.54 FirstCaribbean Bank 11.60
6.09 5.05 Focol (S) 5.20
1.00 1.00 Focol Class B Preference 1.00
. 0.36 Freeport Concrete 0.40

H ICD Utilities 8.20

J. S. Johnson 11.00

10.00

Symbol
FBB17





FBB22
FBB13
FBB15

Bid S
14.60




0.35



38.95 4 29.00

13.80 14.80 14.00

0.45 0.55 0.55
‘BISX Listed Mutual funds





ee etina Gver thee

te
< LISTED DEBT SECURITIES = (Bonds trade on a Percentage Pricing bases) —
Last Sale

Ridality (are Beunter Securities Z
sk$
15.60
6.25
0.40 issiinibecions dis
iotinter Securities
0.85

A



Fund Name NA_V YTO% L
1.3371 3.49 4.95 30-Sep-08
3.0250 0.81 4.78 31-Aug-08
1.4217 3.38 4.60 10-Oct-08
Fidelity Bahamas G & | Fund 3.6090 -4.95 3.62 30-Sep-08
12.4456 4.29 5.78 30-Sep-08
100.0000 . 31-Dec-07
100.9600 1.01 1.01 30-Jun-08
CFAL High Grade Bond Fund 1.0000 31-Dec-07
Fidelity International Investment Fund 9.1958 -12.42 -12.42 30-Sep-08
FG Financial Preferred Income Fund 1.0216 2.16 2.16 30-Sep-08
1.0282 2.82 2.82 30-Sep-08
jal Diversified Fund 1.0244 2.44 2.44
HS MARKET TERMS
YIELD - last 12 month dividends divided by closing price
Bid S - Buying price of Colina and Fidelity
Ask & - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week
EPS $ - A company’s reported earnings per share for the last 12 mths
NAV - Net Asset Value
N/M - Not Meaningful
FINDEX - The Fidelity Bahamas Stock Index. January !, 1994 = 100

j242-356-7764 LEG CAPITAL MARISETS BaS%) MOOD] COLONIAL S42 602-7525















ctu010 OF DRAPERIES

One Day Anniversary Sale
SATURDAY NOVEMBER 1, 2008.
9:00 AM - 5 PM
Double Drapes - 30%



Triple Drapes - 30%
Sheers - Double and Triple - 35% off
Rods - 10% off
Verticals 25% off (hring in measurement)
Kitchen curtain set 10% off
FREE GIFT to first 20 purchasing customers
Tel: 323-6410
Wulff Road

2

o Beautiful.

One

West of Orange Hill Beach, West Ere Street

COMPLETED INFRASTRUCTURE |

INCLUDES:
¢ Paved Roads « Water & Sewerage,
Phone « Cable « Electricity * Street Lights

RECREATIONAL PARK
INCLUDES:

; Tennis Courts ¢ Ornamental Pond
Jogging Trails * Playground « Basketball
Court Gazebos « Grills

Sot sizes starting at 65x101
| SFPices starting at $106,500

FOR MORE INFORMATION CALL:
325-6456 . 325-6447/9

relia] °)tal 424-5227 . 341-71 p74)
457-0581 . 393-1735






EG

CAPITAL MARKET.
BROKERAGE & ADVISOBY SERVICES









1.71 0.00 A

11.80 0.00 1.061 > :!
7.64 0.00 0,643 0.160 11.9 2.09%
0.89 0.00 -0.877 0.020 N/M 2.25%)
3.49 0.00 0.152 0.090 23.0 2.58%
2.37 0.00 0.055 0.040 43.1 1.69%
14.14 0.00 1.224 0.240 11.6 1.70%)
2.84 - -0.01 11,764 0.118 0.040 24.1 1.41%
7.24 -0.03 5,000 . 0.446 0.300 16.2 4.14%)
2.40 -0.15 0.122 0.052 19.7 2.17%)
2.77 0.00 0.256 0.040 10.8 1.44%)
8.06 0.00 0.535 0.280 15.1 3.47%
12.00 0.00 0.665 0.570 18.0 4.75%)
11.60 0.00 0.682 0.450 17.0 3.88%
5.20 0.00 0.385 0.140 13.5 2.69%
1.00 0.00 0.000 0.000 N/M 0.00%)
0.36 -0.04 1,000 0.035 0.000 10.3 0.00%)
8.20 0.00 0.407 0.300 20.1 3.66%
11.00 0.00 0.952 0.620 11.6 5.64%
0.00%)

10.00 0.00 0.000 55.6




Change Daily Vol.







0.00 7% 19 October 2017







0.00 Prime + 1.75% 19 October 2022
100.00 0.00 30 May 2013
100.00, 0.00 29 May 2015



Last Price
14.60
6.00
0.35,






0.000















ast 12 Months _ “Yield %_







PAGE 6B, THURSDAY, OCTOBER 23, 2008

SHELL, from 1B

complaints the Shell dealers
were now attracting attention
from the Government’s Price
Control inspectors.

“Price control was at one sta-
tion this morning, and threat-
ened to bring the dealer before
the courts if they did not change
the price,” the source said.

Anthony Robinson, FOCOL .
Holdings’ managing director,









Rolling Back Prices Everyday!


















Solomon’s & Cost Right
are looking for applicants to fill the
following positions.

Managers ©
Buyers

Loss Prevention Officers :

Butchers )

Buyers |

did-not return Tribune Busi-
ness’s voice mail seeking com-
ment before press deadline.
Many dealers in the past have
argued that the retail petrole-
um industry’s ‘floating margin’
price control structure is at the
root of much of their difficul-
ties, forcing the entire sector.to
operate at.a loss.”
With.their-margins fixed,
Bahamian gas station dealers
earn a decreasing percentage

per gallon of gasoline sold as:

"GET MORE FOR LESS

Positions are available in both New Providence
and Freeport stores.
Send resume via email to
hr@abacomarkets.com








Competitive salaries and benefits with
high. incentives - -

Expenenee not required But a great attitude and L
enthusiasm essential. ; eaten

Tenders are invited for : a one e [1] year contract for the making and
supplying of Uniforms for Security Officers, Screeners and






the price rises.

And this problem had been
made especially acute with the
recent explosion in global oil
prices, which hit $145 per barrel
this summer before sinking to
the level of around $70-$80 per
barrel it is now hovering at.

‘Retailers

In 2002, when Bahamian
petroleum retailers last experi-
enced an increase in their fixed

margin to $0.44 per gallon, that
ensured they earned 15.7 per
cent out of the $2.80 per gallon
price that gasoline was then sold
at.

But following the oil price
explosion, per gallon prices rose
to $5.36, while the retail mar-
gin had remained the same. As
a result, Bahamian gas station
retailers had seen the per gallon
percentage that made up their
earnings fall to 8.2 per cent from
that 15.7 per cent.

The Ambassador of

owe la lel)




Embassy, Nassau

| Pueneiters of the por ot as es

*Navy Blue Trousers wath stripe down the side [male/female]
*Long Sleeve Navy. Blue J acket [male/female] -
*Navy blue windbreaks with heavy lining - AIA Logo] Patch

*Rain coats with hoods A/ALogo
*Female skirt with stripe down the side



_ *White shirts Hone shoresteeye

*Shoulder Patch

*Shoulder Badges. :
Shoes [male/female] |

— Stockings
‘Socks

*Caps [male/female]

*Cap Badge
*Neck Ties

*Leather black belts. 2! * wide



“Samples of the anton may be inapected at the Security Offices
‘located in the former Police Station, LPIA between the hours of
9 a.m. and 4 p.m. daily sees to Friday.

2. Tenders must be Submitted 4 in sealed eriveldpes addressed to

the Actg. General Manager, Airport Authority; Lynden Pindling
_ International Airport and must specify "TENDER FOR

UNIFORMS". The Airport Authority reserves the right to
reject any envelope not properly addressed and/or not
specifying "TENDER FOR UNIFORMS". Faxed Tenders
will not be considered. The Authority also reserves the right
to reject any and all Tenders without assigning any reason(s].

3. Tenders must be received by Friday, October 31, 2008 no

later than 4 p.m.

4. Openin’s of Tenders will be held on Tuesday, November 4,
2008 in the Board Roor- of the Security Department at which
time all bidders are inv ‘ed to attend.



is presently considering applications
_. for the following position:

CHEF

This position is open to candidates with the
following qualifications:

- Ahigh school diploma is required.
=. Training at the Hotel Training College or
‘|. equivalent training in the culinary arts.’
dered Fitee 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.













































Politicians have been reluc-
tant to increase the prices of
price-controlled staple com-

modities, such as petroleum .

gasoline, for fear it will lose
votes among consumers who
have to live with the increases.

Yet if an industry is forced to
effectively subsidise consumers
by selling its products at a loss,
or a price that does not cover its
overheads, then they have no
incentive to maintain supply
long-term and will simply go
out of business.

A number of gas station
dealérs have done just that,
judging from the number of
closed stations seen around
Nassau. ;

Yet if floating margins were

| rua (New (
| rotons” a

: | Ferns

THE TRIBUNE

introduced, with retailers earn-
ing a fixed percentage of each
gallon sold - rather than a fixed
amount - their earnings would
remain proportionately the
same, increasing and decreas-
ing based on global oil price
movements.

Out of their $0.44 per gallon
margin, Bahamian petroleum
retailers for Shell, Esso and
Texaco have to cover substan-
tial overheads - labour, elec-
tricity, water, business licence
fees, National Insurance Board
(NIB) contributions and other
forms of business insurance.

They are also required to pay
rent to the three oil companies,
plus franchise fees and a per-
centage of sales.

, ai 0 pices:

- a Rican Mint
~~ Lemon Grass
‘Allspice an





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el se}

LAWSUIT, from 1B

questions that Owen Bethel’s
Bahamas FilmInvest Interna-
tional group had “failed to meet
certain thresholds requiring
payments”. :

He also alleged that Bahamas
FilmInvest International had
failed to inform him that the
Government had told the group
it would not approve its pro-
posed multi-million purchase of
the Bahamas Film Studios.

They failed to meet certain
thresholds requiring payments

‘:. for example they were to
have paid off an $85,000 debt
to Islands by Design,” Mr Fuller








told Tribune Business.

“We believe that they failed
to adequately fund certain
promised escrow accounts.
They failed to notify us that the
Government told them that
they wouldn't agree to our con-
tract. We believe that they were
unable to provide adequate evi-
dence of funding to the govern-
ment to fulfill the mandates of
the Heads of Agreement, there-
by jeopardizing the promised
payments of some $500,000 to
local Grand Bahama merchants
and vendors.”

Mr Fuller added that
Freeport would be the chosen
arbitration venue, and said that
at a minimum he would be
seeking a solution - or court rul-
ing - requiring Mr Bethel’s



taque Group financial services
provider, said: “This is typical
Ross Fuller in regards to want-
ing to see where he can take
any action.

“I see it as Ross Fuller pos-
turing to see how much leverage
he can get from a deal where
he could not deliver the assets
that were subject to the agree-
ment.”

That is a reference to the fact
that the Government has
moved to renegotiate the Heads
of Agreement for the Bahamas

Film Studios, exploiting the fact’

that Mr Fuller’s company has
defaulted on its obligations
under that agreement and lease
payments.

The Giovernment subse-
quently moved to reduce the

the Bahamas Film Studios
chairman had “raised the spec-
tre of arbitration” several weeks
ago when the sales agreement
signed by the two parties
expired.

“He believes we breached the
agreement with him,” Mr
Bethel told Tribune Business,
adding that Mr Fuller was act-
ing on “hearsay” because the
Government had. not told
Bahamas FilmInyest Interna-
tional it would refuse to
approve the group’s purchase
and development plans.

“He was inferring we were
told by the Government they

- would not approve us taking

over the site and project, but
he has yet to let us know where
he got that information from

Aa Ne RN ey re re ey er ey



statements did not refer to
rejecting our project, only rene-
gotiating the terms of the Heads
of Agreement [with Mr
Fuller].”

On the question of paying the
$85,000 debt owed to Bahamian
company Islands by Design, Mr
Bethel said this was always con-
ditional on the Government

_approving Bahamas FilmInvest

International’s purchase and
business development plan. As
this had not been approved, no
payment would be made.
“There’s no business sense in
paying off a debt if we cannot
move forward with the Gov-
ernment,” Mr Bethel said. “The
payment to Islands by Design
was subject to us getting






approval to move forward with
the project from the Govern-
ment.”

As for the funds in escrow,

Mr Bethel said Mr Fuller could

easily verify that Bahamas
FilmInvest International had
fulfilled its obligations by check-
ing with the various law firms’
holding the monies. One of
these law firms was the one act-
ing for Mr Fuller.

The Montaque Group presi-
dent said Bahamas FilmInvest
provided all necessary details
on its financing and principals to
the Government to enable it to
conduct due diligence on them
and their wherewithal. No con-
cerns were ever expressed by
the Government.

#





























































More group to pay outstanding sums land available to the project and how we were informed by
ea ‘ ; owed by the Bahamas Film Stu- from 3,500 Crown Land acres the Government,” Mr Bethel
insight dios. to just 120 acres, leaving the _ said.
Yet refuting Mr Fuller’s var- _ seller without the valuable addi- “The only information we
needed for ious allegations one-by-one yes- _ tional real estate and just the have been receiving is the Prime
terday, Mr Bethel, who is pres- _ existing film studios. Minister’s statements in the
ident of the Nassaubased Mon- Meanwhile, Mr Bethel said press. The Prime Minister’s —
regulatory
consolidation
FROM page 5B |



|

The Government has to
date appeared to be leaning
in favour of the UK FSA
model, and Mr Laing said:
“We have done things, and
that has led to administra-
tive gains in consolidation,
but the legislation to bring
it about.- whether it’s a
one-pronged or two-
pronged model - requires
some insight that we may
not necessarily have.”

Mr Laing said that while

The following persons are asked to contact

STOR-IT-ALL OF NASSAU, LIMITED

in connection with items left in storage:

e ANDRA FERGUSON-BROWN ¢ INGRID HAMILTON

ted, bringing financial , |
services regulators together - DONNA HIGGS » CRYSTAL GLINTON
Fee ce aea: » DAMON CUMMINGS * TANYA MOLLER
aid ctl function as if * SHAWN SMITH *SIMONNE BOWE.
they were independent * CORY FARQUHARSON

supervisory bodies. * CARDELL BODIE

It was for this reason that Ke
outside expertise was being
sought. .

The Government has
moved to kick-start the reg-
ulatory consolidation.
process, at least from 2
physical perspective, wit!



All rentals must be paid and items removed no later than October 24th, 2008

Smile | Wa






the Registrar of Insane iA : :
j e f ge RE OE SAS ‘
oe incune ato. mere "Fhe Haberdashery for Gentlemen’
the Secunties Conmision LT a aay __ Tel:326-1569 Fax:326-1570

the Securities Conmision

off Shirley Stree! Telephone: 393-0964

ea hOCATION: ROSETTA STREET

AMY SERENA





















SOCIETY OF THE
‘BAHAMAS

Invites You to Our:

ANNUAL AWARDS CEREMONY AND
CFA PROGRAM INFORMATION EVENING

CFA



Public Utilities Commission

is Sak O45)

‘ELECOMMUNICATIONS ACT (Ch. 304)
Fa SECTION 66) ser

| NOTICE OF PUBLIC CONSULTATION : ) )
“AN INTRODUCTION TO THE CFA (CHARTERED

DISPUTE RESOLUTION PROCEDURES TOPIC:
The Pubic Utilities Commission (PUC) in exercise of its powers and functions under FINANCIAL ANALYST) PROGRAM AND . THE
Section «(5) of the Telecommunications Act (Ch. 304) gives notice that it is conducting ~ EDUCATION REVIEW COURSE”
a Public Consultation on DISPUTE RESOLUTION PROCEDURES between :
4" O¢ober and 10° November, 2008. The purpose of the Public Consultation is ; ‘ | th :
- for the JUC to set out a framework and the methods by which it proposes to undertake DATE: E rida October 24” 2008
' to resove telecommunications-related disputes between licenced service providers. — oe Se aes
ie Gaeta rds : TIME: 6:00 p.m. Cocktails and Hors D’Oeuvres
The PIC invites and welcomes comments and submissions from members of the 6:30 Pr . ;
public licenced service providers and other interested parties on its consultation 30 p.m. Presentation
docurent on Dispute Resolution Procedures. After the public consultation closes,
the PJC will issue a Statement of Results on the public consultation. PLACE: Governors Ballroom “A”
Persas may obtain copies of the public consultation document either in: . British Colonial Hilton ;
eat: : One Bay Street
(1) .n printed booklet from the PUC Office, Agape House, Fourth Terrace East, y
off Collins Avenue, Centreville, Nassau; or ) ;
7 GUEST SPEAKER: Charles W. L. Deale, Head of Society Relations
(2) By downloading it from the PUC Website a www.pucbahamas.gov.bs. CFA Institute, Charlottesville, Virginia
Perons may send their written submissions or comments on the public consultation a i
doament to the PUC either: COST: Complimentary -
(a’ By hand, to the PUC Office, Agape House, Fourth Terrace East, off Collins RESERV ATIONS: PRE-REGISTRATION REQUIRED

Avenue, Centreville, Nassau; or

Contact: Jeremy Dyck, CFA
jeremy.dyck@lom,com
Telephone: 323-0032

By mail, to the Executive Director, Public Utilities Commission, P.O. Box
N-4860, Nassau, Bahamas; or

By fax, to (242) 323-7288; or




The Chartered Financial Analyst (CFA®) Program is a globally recognized
standard for measuring the competence and integrity in the fields of portfolio management
and investment analysis. Three levels of examination verify a candidate's ability to apply
the fundamental knowledge of investment principles across all areas of the investment
decision-making process.

The next examination date is June 6, 2009 and the final registration and enrollment
date is March 16, 2009. We encourage all interested persons to attend the information
evening to learn more about the CFA Program.

The CFA Society of The Bahamas, will present a brief outline of the CFA Institute,
and the local society, Special Guest Speaker, Mr. Charles W.L. Deale, Head of Society
Relations, CFA Institute will provide an outline of the CFA Program and present the
charters to the new CFA Charter holders. The Education Committee will provide a brief
outline of the 2008-09 Education Programs planned for Level I, I, and 11 candidates, A
O&A Panel Session will follow the presentations,

‘By e-mail, to info@pucbahamas.gov.bs

| The deadline for receiving submissions and comments is 5:00 PM on 10th November,
2008. f ‘

j; Dated 6 October, 2008
f

Hi Michael J. Symonette
Executive Director
Public Utilities Commission
Agape House
Fourth Terrace East, Centreville
P.O. Box N-4860
Nassau, Bahamas.

Fax: (242) 323-7288

E-mail: info@pucbahamas.gov.bs





» 4

-. VEGETABLE/CORN

PAGE 8B, THURSDAY, OCTOBER 23, 2008

(Your Bahamian Supermarkets’ =

NOW ACCEPTING .

_aethiis

The Batomien Credit Cord Ch \E

ARMOUR REGULAR

VIENNA
SAUSAGES

LIBBY’S WHOLE
KERNEL

MACARONI

Or Sliced

14.75 oz.

S “a =

CAMPBELLS _ MUELLERS
SUPERIORE READY CUT

SPAGHETTI W/
recreate Mupeeraiee

NESTLE
PURE LIFE

ONOLES: | DRESSINGS S

416 oz oe 30 pk

oe ~~ MAHATMA

LONG GRAIN/

CIM "Rice

5 Ib

FLOUR

TMURRAY VANILLA ©

WAFERS

11 oz

CAMPELLS \
HEALTHY CHOICE

SOUPS

15 oz.

eS

TOWELS

dL

PINE-SOL
ALL PURPOSE

CLEANERS

28 oz.

s

& CHEESE ae Kk

ROBIN HOOD

/ ISLAND QUEEN

GREEN.
PIGEOK |
PEAS (

15 Oz

SHURFINE |
TALL KITCHEN |

BAGS







AR-S
UMBO
HICKENW
. MEAT |

RANKS”

CHICKEN
RUMSTICKS &












tl

PICNIC |
PN te




‘SPARERIBS

10-ib Box





IKSTONE, 8 oz. “HEALTHY CHOICE, Asst’d., 10 oz.

JR CREAM. M2 19 STEAMERG............... $4.69
XY; Sliced, 10 oz. _ hi GREEN GIANT, Asst’d., 10 oz.
SESE... 2183. 00 FROZEN |

| VEGETABLES. pee cas $2.29
Â¥: DELIGHT, 64 oz. ha
‘ORNIA/CITRUS NESTLE GOLD EDITION, 64 OZ .
MOM ccccccccciecct $2. 99 ICE CREAM... $7.99

OSCAR MAYER





Sa "Bans JUMBO/BEEF

a U
OTTO. : BUN LENGTH/
ALAME BACON FRANKS—

p29 4° 99

WHOLE

RESH BAKED
POUND. ROTISSERIE
CAKES CHICKENS



SWEET RED
SEEDLESS

GRAPES

‘iOMAIN
HEARTS

3 pk



THE TRIBUNE

THURSDAY, OCTOBER 23, 2008, PAGE9B

CARIBBEAN REGIONAL TECHNICAL
ASSISTANCE CENTRE
(CARTAC)

&

CARIBBEAN FINANCIAL ACTION TASK FORCE |

-(CFATF)
CONFERENCE ON
“PREVENTION OF MONEY LAUNDERING &

TERRORIST FINANCING AT CASINOS &
REMOTE GAMBLING VENUES”

27TH - 29TH OcTO!

- woven NASSAU RESORT, NA

The conference will be officially opened by Hon. Zhivargo Laing, Minister |
of State for Finance and will feature fourteen (14) public and private'sector |
speakers from around the world exploring examination techniques, |
investigative practices and legal & regulatory frameworks to ) prevent money

laundering at casinos and internet gambling venues.

The Financial Action Task Force (FATF) Working Group for the Prevention
of Money Laundering and Terrorist Financing at land and internet-based |
casinos will debut the Risk-based Approach Guidelines for the Casino
Sector adopted by the FATF last week. .

Speakers include representatives from the Antigua & Barbuda Financial |
Services Commission, AUSTRAC, the Bahamas Compliance Commission,
FinCen, Gaming Associates Group, IIGC Ltd., NFC Global, parainine
Plc, Spectrum Gaming Group, the U.K. Gaming Commission, the U.S.
Internal Renevue Service, William Hill Ple and World- Check.

The conference agenda can be found at the CARTAC website:
www.cartac.com.bb

For further information, contact:

Therese Turner-Jones
tturnerjones@imf.org

‘Calvin Wilson
calvinwilson@cfatt. org

Howard Edmonds 1 :
hedmonds@imf.org



. BED BATH & HC HOME

AMPS ¢ @ : 8 &. .. BLENDERS
RUGS, ©“ PP, T es BAKEWARES-
TOWELS: | . ie WALL CLOCKS
SHEED*SETS.
TABLECLOTHS"

WALE PICTURES
LGLURE FRAMES

< PLUATWARE-SETS

ai COOKWARE SETS
"GLASSWARE SETS

|. DINNERWARE SETS

SHOWER CURTAINS
BATHROOM AC( ESSORIES

SALE STARTS

MONDAY OCTOBER 20th - SATURDAY OCTOBER asth

Located: Harbour Bay Shopping Center —
Ph: 393-4440 or 393-4448













PAGE 10B, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE





INVESTMENT OPPORTUNITY

MISCELLANEOUS PROPERTIES




the sides and back.

left side.Painted white trimmed light agua.





side painted all white.

kitchen, living, dining room & carport. The land is on a gra

THE TRIBUNE,
October 23, 2008



Lot No. 181, Dorsetteville Bamboo Town

All that piece parcel or lot of land having an area of 5,000 sq ft, being lot # 181, of the subdivision known as Dorsetteville which is situated in the southern district of New
Providence located on this property is an approximately 25yr old single family residence comprising of approximately 1,162 sq ft & consisting of 2-bedrooms, 1-bath,

de and level; the site appears to be sufficiently elevated to disallow. the possibility of flooding during heavy
rainy periods. The grounds are fairly kept with improvements of concrete parking area & concrete walkways around the premises. The yard has chained linked fencing at

Appraisal: $149,016.00

Traveling East Street South, turn right at porky’s service station [Victoria Blvd]. Take the 4th corner on the right (Raynell Drive) the subject property will be the 4th on the



Lot No. 180, oral Harbour Waterways, Coral Harbour

All that lot of land having an area of 12,150 sq ft, being lot # 186, of the subdivision known as Coral Harbour Waterways, situated in the western district.of New Providence.
Located on this property is a single family residence comprising of approximately 2,482 sq. ft. of enclosed living space consisting of 3-bedrooms with closets, 2 bathrooms,
kitchen, living, dining, family & utility rooms with office (loft), the residence is also equipped with 2-car garage with electronic doors the land is on a grade and level; the
site appears to be sufficiently elevated to disallow the possibility of flooding during heavy rainy periods.

Appraisal: $427,726.80

take coral harbour road from the round about, head straight toward the canal, take about the 3rd right, hopkins drive. the subject property will be the 1st house on the right.

«

. 4 % . i

This property is situated in Eleuthera Island Shores.



Eleuthera Island Shores Subdivision LOT NO. 1, BLOCK NO. 45, - ts
SECTION E, ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having an area of 9,644 sq. ft. being lot #1 in block 45, Section “E” in the subdivision called and known as Eleuthera Island Shores

Subdivision, situated in the vicinity of Hatchet Bay Harbour, on the island of Eleuthera, one of the islands of the Commonwealth of The Bahams. This site encompasses a’

two storey building which is approximately 14 yrs old and.is abandoned. There is a wooden landing approximately 7’-4” wide by 20?-0” on the upper level, approximately

1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms, front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is -
approximately 148sq. ft. There is also a water cistern under the dining room floor area. All utilities and services available. :

Appraisal: $151,007.00

KENNEDY SUBDIVISION (NASSAU)

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

Appraisal: $188,406.00

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



DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b
with an area for a small shop. Age 12 years the land
is a portion of one of the Dundas Town Crown Allotment
parcels stretching from Forest Drive to Front Street,
being just under a quarter acre in size and on the
lowside. A ‘concrete block structure, with asphalt
shingle roof and L-shape in design with a total length
of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior
walls are concrete blocks, ceiling is sheet rock and
the floors of vinyl tiles. f

Appraisal: $265,225.00



LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS
All that lot of land having an area of 7,500 sq. ft., being lot
42, of the subdivision known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family tesidence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
4-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding



kept, with improvements including parking area, walking

pathway and low shrubs. The yard is enclosed with chain linked fencing at the back and southern sides.
j Appraisal: $239,500.00 :

Traveling. west on Carmichael Road, enter West Avenue, on the South side immediately after Topps Laundromat. Take

first right which is Wimpole St., go around the curve on the left which is London Avenue, traveling south on London

Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is

an L shape triplex, painted green, trimmed white.

Bogue North Eleuthera. All utilities and services available.

i \





during annual heavy rainy periods. The grounds are fairly .



Lot No. 3 Yamacraw , Beach: Estates
All that lot of land having an area of 10,000 sq ft, being
lot no. 3 in Yamacraw Beach Estates, in the said subdivision
situated in the eastern district of New Providence Bahamas.
Located on the subject property is a single-storey triplex .
building comprising of 3 units with two 2-bedrooms, 1-
bathroom, living, dining, kitchen apartments.unit and one
unit being used as a barber and beauty salon. the land
is on a grade and level; however the site appéars to be
sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods of the year.
: Appraisal: $313,016.00 © 5
i=: : Traveling south on Fox Hill Road, go pass Yamacraw
Hill Road and Joe Farrington Road. The subject property is located on the left hand side of Fox Hill rodd painted
white trimmed brown. :

2

Dorsetteville, Bamboo Town

; i :

Investment Opportunity Must Sell Lot No. 51
All that lot of land having an area of 5,000 sq ft, being lot no. 51,
of the subdivision known as Dorsetteville, the said subdivision situated
in the southern. district of New Providence Bahamas. Located.on
the subject property: is a structure comprising of an approximately
20yr old duplex apartment comprising of approximately 1,641
sq. ft. of enclosed living space which includes two 2-bedrooms, 1-
bath, kitchen, living & dining rooms units. and an approximately
9yr old one bedroom. apartment building comprising of 382'sq.
ft. with bath, kitchen, living/dining room. the land is on’ a ‘grade
and level; the site appears to be sufficiently elevated to disallow
the possibility of flooding during annual heavy rainy periods of the
mean year. The grounds are fairly kept with improvements of concrete
parking are & concrete walkways around the premises. The yard is enclosed with chained linked fencing at the sides
and back. ‘ 25
Appraisal: $202,225.40 ‘ : ;
Traveling south on East Street from Soldier Road, turn right at Porky’s Service Station [Victoria Blvd]. Travel pass the third
corner on the left, the subject property will be the 9th on the left side. Painted green trim white.





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

ELEUTHERA - LOT NO. 90-D, LOWER BOGUE
i

All that piece parcel or lot of land containing 42,616 sq. ft. and being Lot # 90-D on a survey plan situated in the settlement of Lower Bogue on the island of Eleuthera,
this site encompasses a commercial building consisting of a restaurant and disco that is approximately 13 yrs old, with a total sq. ft. of approximately 4,852.12, which
includes male & female rest rooms, stage area, 2-dressing rooms, dining room, commercial kitchen and storages inprovements also includes a 660.4 sq, ft, front veranda,
752 sq, ft, concrete walk-ways, and 192 sq, ft, back porch. This building is central air-conditioned. : ‘

Appraisal: $490,671.00

This property is situated on the western side of the main Eleuthera Highway & approximately 2,219 ft. northerly of Four-For-Nothing Road, in the settlement of Lower

VACANT PROPERTIES



‘ : ; MUTTON FISH POINT NORTH ELEUTHERA ; :
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a.portion of land known as “Mutton Fish Point” situated about two miles northwestward of the settlement of Gregory Town on the island of
Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and.abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 393.13 hundredth ft.;
outwardly by a 30’ wide road reservation and running thereon for a distance of 402.57 hundredth ft; eastwardly by the main Queen’s Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or formerly the
property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has

a topography of approximately 2 ft. with all utilities and services available.

ISLAND HARBOUR BEACH, EXUMA

_All that parcel or lot of vacant land containing 10,000 (80’X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour
Beach Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas. The -
property is located on an unpaved road known as Stocking Road. The property also has a commanding view

of the ocean.. : 3
Appraisal: $80,000.00

RAINBOW SUBDIVISION LOT NO. 3, BLOCK 27
All that vacant lot of land having an area of approximately 14,052.59 sq. ft. being lot no. 3, block 27, section
b, of Rainbow Subdivision with residential zoning. This;property is bounded about 103.44 ft north by Queens
Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. Alll utilities and
services available. :
; Appraisal: $40,328.00

: MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement
of Gregory Town on the island of Eleuthera, one ofthe islands of the Commonwealth of The Bahamas, and is
bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a
distance of 125.462 feet northwestwardly by the land now of formerly the property of Coridon Limited, and
running thereon for.a distance of 390.274 hundredth ft.; southwestwardly by a 30’ wide road reservation and
running thereon for a distance of 128.128 hundredth ft; southeastwardly by the land now or formerly the property
of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of
approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet and peaceful
with a topography of approximately 2 ft. with all utilities and services available.

APPRAISAL: $51,421.00

This lot is vacant land and is located in the area known as “Mutton Fish Point”

APPRAISAL: $51,421.00

LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000'sq. ft., and being Lot No. 10B situated North of
Ingraham’s Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, gne of the islands of the
Commonwealth of the Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and
running thereon for a distance of (90) ft; on the East by Lot No. 11B and running thereon for a distance of (100)
ft; on the south by a.20’ wide road reservation and running thereon (90) ft on the west by Lot No. 9B running
thereon for a distance of (100) Ft, the said Lot is overgrown with shrubs and is in close proximity of a white sandy
beach. This neighborhood is zoned residential development and is quiet and peaceful with a topography of
approximately 50ft and because of this there is no danger of flooding. The area is approximately 80% developed
with all utilities and services available.
APPRAISAL: $72,000.00

MUTTON FISH POINT NORTH ELEUTHERA :

All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and
designated “F” which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward
of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The
Bahamas, and bounded and abutting as follows:- Northwardly by the land now or formerly the property of
Coridon Limited, and running thereon for a distance of 383.56 hundredth ft; southwardly by land now or formerly
the property of Caridon Limited and running thereon for a distance of 393-19 hundredth ft. eastwardly by the
main Queen’s Highway and running thereon for a distance of 113.40 hundredth ft. westwardly by land now or
formerly the property of Coridon Limited and running thereon for a distance of 113.40 hundredth ft. this
neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a topography of
approximately 2 ft. with all utilities and services available.

: APPRAISAL: $51,276.00

Nae ime Mla ieee ela!

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com e Fax 356-3851

se ShcL eth aa Bata NO RRL EAA a ei et Ea



THE TRIBUNF







ESTMENT OPPORTUNITY

MISCELLANEOUS PROPERTIES

THURSDAY, OCTOBER 23, 2008, PAGE 11B





THE TRIBUNE,
October 23, 2008

WINTON MEADOWS (Lot No. 382)

All that piece parcel or lot of land having an area of 8,300 sq. ft. being lot No. 382 situated in the subdivision known as Winton Meadows, the said
subdivision situated in the Eastern District of the Island of New Providence, Bahamas. This property is comprised of a 24 year old single family
residence with an attached efficiency (formerly the carport) consisting of approximately 2,675 sq. ft. of enclosed living area, front porch-198 sq. ft.,
back patio-380. The building is a two storey house. Besides the efficiency apartment, the house is comprised of 3-bedrooms, 3-bathrooms, inclusive
of a master bedroom suite upstairs. Foyer, front room, dining room, family room, powder room, utility room, breakfast nook and kitchen downstairs.
Climate control is provided by ducted central air conditioning, with air circulation enhanced by ceiling fans and other amenities. Quality of construction:
Average. Standard of maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently .
elevated to disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are well kept, with
improvements including neatly maintained lawns with flowering trees, and a concrete garden/storage shed, which is located in the backyard. The yard
is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railings, and metal gates at the front and back.

APPRAISAL: $365,000.00

Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows Boulevard, turn right onto Meadows Boulevard, go south and take the 4th left, then: 1st right. The subject house

is the 2nd house on the left side painted beige trimmed white.

patio.





The property is accessed by the main Queen's Highway.

LOT LOCATED STELLA MARIS, LONG ISLAND

All that lot of land having an area of 30,000 sq ft, more or less, having a 150 ft of road frontage & running back 200 ft at its most is located within the
Stella Maris Subdivision in North Long Island one of the Island of the Commonwealth of The Bahamas. Located on this property is a 6yr old split level
residence consiting of approximately 3,058 sq. ft. of enclosed living space with 2-bedrooms, 2-bathroms, living, dining & tv rooms, kitchen & breakfast
room, also a garage which serves as a laundry room. There is also,attached to the home a 10,000 gallon rain water holding tank & 1,202 sq ft of tiled

Appraisal: $658,000.00

HAMILTON’S, LONG ISLAND

All that piece parcel or lot of land and improvements situated in the settlement of Hamilton's in the Island of Long Island, and comprising of -
approximately 13,547 sq. ft. and is elevated approximately 7-8 ft above sea level. This site encompasses a 35yr structure. A simple style home
consisting of two bedrooms, one bathroom, kitchen, living and dining room. the home however is consisted of 2 separate constructions; 613.60 sq.
ft of concrete construction and 624 sq. ft of wooden construction all amenities are to the property such as electricity, water, cable and telephone. |

Appraisal: $67,000.00.



LOT NO. 359,
ELIZABETH
ESTATES

All that lot of land being Lot No.
359, in the subdivision known as
Elizabeth Estates situated in the
eastern district of New Providence,
Bahamas & having an area of
approximately 5,000 sq. ft. located
on.the subject property is a 22 year
old single family, residence
comprising of approximately 871
ae ; sq, ft of enclosed living space
_ consisting of 3-bedrooms, 1-bathroom, living, dining, kitchen & laundry room. The land is flat but

_ appears to be sufficiently elevated to withstand the annual rain fall. The property is landscaped & contains

low shrubs, flowering & fruit trees So





Appraisal: $123,425.00

Travelling east on Prince Charles Drive, turn through the main entrance into Elizabeth Estates —
‘Commonwealth Blvd, travel all the way to Thelma Gibson Primary School & turn right — St. Vincent
Ave. the subject property will be located on the next commer on the right side of Jamaica Ave & St. Vincent
_ Avenue painted all white.

ae BLACKWOOD, ABACO
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best
“use. It is ideally suited to single or multi-family development as is the nature of surrounding properties within the
community. The site may also serve well as a commercial site as the area remains un-zoned the property remains
largely in its original state. It is covered with low brush and broad leaf coppice vegetation intersperse with broad

strands of mature Yellow Pine indigenous to the area. The property is well drained and represents no immediate flooding
danger under normal conditions. ; bie :

- APPRAISAL: $219,354.40

‘The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco.
The property is undivided and comprises approximately 6 acres of a larger tract of land of approximately 26 acres.

. LOT NO. 6, BLOCK 2, MILLARS HEIGHTS

All that lot of vacant land having an area of 16,000 sq ft, of the subdivision known and designated as Millars Heights,

the said subdivision situated in the southwestern district of New Providence, Bahamas. This property is zonned multi
~ family / single family. The land is on a grade and level; however the site appears to be sufficiently elevated to disallow
_ the possibility of flooding during annual heavy rainy periods of the year.

APPRAISAL: $355,000.00

- Travelling west on Carmichael Road after passing Bamboo Shack and East Ave; make a left turn onto West Ave. The
_ Subject property will be on the left handside of the street enclosed with chain link fencing just before Wimpole Street

Lot B, Wilson Street, Rock Crusher

. All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock
Crusher and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas.
This property is zoned multi family/single family. Also located on this property is a structure comprising

of a duplex at foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed
living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.
Y psy
h

_ Traveling West on Farrington Road take a right after the P.L.P. headquarters, go about midways
through to Wilson Street, go though the corner all the way to the dead end. The property is located
behind the chain linked fence at the back of the yard. \

Appraisal: $97,214.00

NORTH ELEUTHERA HEIGHTS (ELEUTHERA)

Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal
Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses a foundation
with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured
as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The
said lot is vacant and a hill over looking the Atlantic Ocean.



Appraisal: $41,275.00

(LOT NO. 62, LOWER
BOGUE) ELEUTHERA

All that piece parcel or lot of land and
_ improvements, in the settlement of Lower
Bogue, North Eleuthera, being No. 62,
comprising of about 34,210 sq. ft., this
site encompasses a 12 year old single .
storney home comprisitig of 4 bedrooms, -
3 bathrooms, front room, dining, breakfast
room, kitchen and laundry room, with
a total living area of approximately
2,342.06. Property also includes a double
car garage, and front entrance with a total
sq. ft. of approximately 655.75. This
‘home is approximately 85% completed.



The property is well landscaped with crab grass, fiascos and some fruit trees.

Appraisal: $229,426.00.

This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.

Parcel of Land Dunmore Town,
Harbour Island

All that piece parcel or lot of land having an area of 10,070 sq ft, situated at Dunmore Town on Harbour
Island, Eleuthera, one of the Islands of The Commonwealth of The Bahamas. This site encompasses a
structure that is up to belt-course. The floor is not poured & is overgrown with bushes. The columns
are poured & the plumbing roughing is in place. This site is approximately 20% complete with a total
square footage of 2,000 sq ft. f ek

Appraisal: $134,630.00

This property is located in Dunmore Town, Harbour Island. This area is equiped with all utilities &
services available. . eet

Lot No. 1010 # 1011, Pinewood Gardens Subdivision

All that lot of land having an area of 10,000 sq ft, being lot # 1010 & 1011, of the subdivision known as
Pinewood Garden, situate in the southern district of New Providence, Bahamas. Located on the subject
property is a foundation of a proposed structure. the land is on a grade & level; however the site appears
sufficiently elevated to disallow flooding during heavy rainy periods.

Appraisal: $140,000.00

Travelling from East Street south, take Sappodilla Blvd then turn onto Pigeon Plum St heading south, the
subject property is located on the corner of Pigeon Plum & Cordia Street. :

Lot No. 1036 Garden Hills Estates

All that lot of land having an area of 5,989 sq ft, being Lot No. 1036 of the subdivision known as Garden
Hills Estates, a said subdivision situated in the southern district of New Providence, Bahamas. This property
is vacant land and is zonned residential - single family. The subject property is severely sloping downwards ~

Appraisal: $65,000.00

Travelling west on the East West Highway, take the 2nd entrance left into Garden Hills Estates next to Hillside
Mission Baptist Church, travel up the hill on Edelweis Ave to Orange blossom ave. mak a right on orange
Blossom Ave & the subject property is the 2nd on the left side.

Eleuthera - Lot No. 15, North Palmetto Point

All that piece parcel or lot of land containing 22,316 sq. ft. being a portion of a 25.166 acre tract “A” &
being lot # 15 in a development known as Spanish Main situated in the settlement of Palmetto Point on
the Island of Eleuthera, one of the Islands of The Bahamas. This area is complete with all utilities and

services available.
. Appraisal: $65,832.00

This property is situatedat Spanish Main just off the Bank Road North Palmetto Point South Eleuthera
district.

Lot B, Marigold Farm Road Allotment 67

All that lot of vacant land having an area of 1,173 acres and being referred to as the plot. the property is lot No. B and
is situated on Marigold Farm Road in the area known as Allotment 67, a subdivision situated in the south eastern district
of New Providence Bahamas. This property is zoned multi family.

Appraisal: $290,000.00 -
Traveling from Joe Farrington Road onto Marigold Farm Road heading south. The subject is th 2nd to last property
on the left hand side of the road near the pond.

For conditions of sale and other information contact

Philip White @ 502-3077 email philio.white@scotiabank.com or Harry Collie @ 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-3851

it ;







PAGE 12B, THURSDAY, OCTOBER 23, 2008 ~ THE TRIBUNE



INVESTMENT OPPORTUNITY
MUST SELL

NEW PROVIDENCE FAMILY ISLANDS

No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00 | ELEUTHERA
All that lot of land having an area | Lot #115 GOVERNMENT SUBDIVISION
of 30000 square feet, being lot) ai ICE TOWN, HATCHET BAY Appraisal: $101,023.00

Number 17 of the subdivision
known as Westridge Estates
Addition. Situate in the Western
tee District on the island of New
Providence.

Located on the subject: property is _
a newly con-structed single storey
structure comprising 6,000 feet of
living space with a three Car
Garage.

The building is 75% completed and
comprises five bedrooms, four and a half baths study, living/dining, family room,
kitchen, laundry and generator room.

Location: From SuperValue West Bay, take the road heading west into Westridge, take the first Located on this property of 5,500 squ are feet is a 20-year-old

corner on the Right, Westridge Drive. Subject property will be about the seventh on the right
fable ot tsoat : earabuerte! ? single family residence of approximately ‘1,635 square feet of

living space. Included in this home is three bedrooms, two
bathrooms, living, dining rooms and kitchen, The house is in need

Lot #18 BLOCK #27 VENICE BAY Appraisal $591,955.00 | of repairs.

A mulitfamily lot of 12,225 square feet comprising three structures. One :
complete unit at the front comprising 1638 and a porch of 200 square feet of COnCR SS aUeEneNRessDonRoaaocaoes La
living space. A middle structure (town house) of 1626 square feet of living fi Y

space thats 80% complete and the third building at the rear of the property up

to belt course comprising 1627 square feet. Each pulled bes two Bedrooms; isi
one bathroom, living and dining areas and SORE | PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

kitchen,

Directions: Travelling West on Carmichael Road, turn onto All that piece, parcel or fot of land 2,743 feet East of the junction of the

Bacardi Road. Travel South past Millar’s Pond just before Palmetto Point road and main Eleuthera Highway containing 2.45 acres. This

; site encompasses a 28-year-old single storey concrete structure of»

Sreanuing ae S eae ‘ oe eae es ne i ae approximately 832 square feet of enclosed floor space inclusive of shop Space
passing the pon Hbiee is located on the Right side.o and restroom facilities.

the road. ;



BERGEE | ABE REE



SHTSOSROSSVOSSRLOFSTCSS SVS SESSEROSRLOSH









oN



EXUMA

CASTELRAG ESTATES, LOTS 129 & 130 :
EXUMA HARBOUR SUBDIVISION Oppreiea!: $673, O75. 00

FRAAHKSRHMECHHMASSCRSEPAHKKAK MCE OSCHS

LOT No. 21B FRASER\ALLOTMENT . ©
OFF SOLDIERROAD Appraisal: $303,000.00

The. subject property
consisting of 8,400
‘square feet is
developed with a split
leveled home with 1925
square feet of floor area
on the ground floor, a
perch area of 437
square feet and second
floor area of 735 square
feet. The building is of : ; §
sound construction | The subject property is located on Kingway Road and is.
and completed in its | qayeloped with an area of 20,000 square feet. Situated thereon is

entirety. The ground floor comprises 2 bedrooms, one bath, a kitchen, dining and. |. : . vas ea Paras
family room. The second fioor comprises two bedrooms, one bath, HVING and a residence comprised of 3,645 square feet of Jiving







dining areas. accommodations, inclusive of 4 bedrooms, 2 baths, with laundry ;
Directions to property: Heading East on Soldier Road, turn left onto first paved road opposite | and utility spaces and a two bedroom one bath guest cottage of
Lowes Wholesale, 2nd to last house on the road with chain linked fence. 600 square feet, The property is fenced with white picket fencing
i senrcerecsevaneaseensoavcenecase cee ee ~| and has a Gazebo at the highest portion of the property, :
Lot 31 TWYNAM ESTATES _ Appraisal: $456,000.00 | : Y
A single family property : Bash ees ALC oL en euceU as eceuue gon cue

comprising 11,350 square feet.
Located on this property is an 71
year old single family two storey EXUMA

_ residence comprising 3,794 square
feet of living space. The lower BAHAMA SOUND #18

floor consists of living, dining and | Lots 17663, 17664, 1 7665 — : Appraisal: $220,180.00

| kitchen area. A stairway, bathroom ee
sand other public areas. The upper The subject property is being
floor contains two bedrooms, one | developed with a single family
bathroom, Master Suite inclusive | split level residence of CBS
ee ° : of bedroom, bathroom and balcony. | construction with 1956 square
Directions: Travelling East on Prince, Charles Drive, turn Right at Super Value Food | feet of living space. The top
Store. Proceed to the T junction. Turn left, then an immediate. Right. Property is | Foor comprises 1486 square
. located near the Dead End corner on the Right side of the road. feat and: the: lower fléer









PR CHOEHETER®EMEDHRDEREEREGHEDERS , i comprises 460 square feet. All.
‘i Rent ah plumbing and electrical rough. ie
LOT 238 SUN CLOSE Appraisal: $136,000.00 work. has been completed. The block work is completed on the
SUNSHINE PARK .. bottom floor with a portion of the upper floor completed.

Located on this 4,200 square
Feu. single/multi family :
property is a 20-year-old ; EXUMA - _ Appraisal: $170,047.00}} |
building of T-111 wood with.
concrete floor, consisting Pee ee DUPLEX in Lot #6625 Bahama Sound #8 East Exuma, Trapezium shaped

approxi-mately 2,198 square lot 35 ft. above sea level, 10,000 sq. ft. Single storey 10-year-old duplex.

: | es bed, 1 , kitchen, dining, livin om. and porch . Property is
feet of enclosed space. The eye ages kitchen, dining, living ro porch area perty i

structure was formerly used as
a retail store and storage
facility.



Shopping Centre, Baillou Hill Road. na For conditions of sale and any other information
Take the third corner on the Right after passing Farmer’s Market. Take the contact:

second Right then First right (Sun Close) subject is the fourth property on
the Right white trimmed black.
RARER AHODOROREDERGSESE SEH OERGORE ao HARRY COLE] E Gy 502-3034

LOT #1440 GOLDEN GATES E-mail harry.collie@scotiabank.com
- : o

Located on this 6,000 square feet a WHITE @ 502-3077

| property is a split level single family E-mail philipwhite@scotiabank.com

dwelling comprising four bedrooms,
two and a half bathrooms, living and
dining rooms, kitchen and TV room. :
: a Em Send bids to Fax: 356-3851 or P. O. Box N-7518
one bedroom apartments,

Directions: Take Carmichael Road heading west, turn corner opposite BFM Church, Cedar - Rosetta Street, Nassau, Bahamas baie

Way, then take first corner on the right, Tangerine Street. Subject will be about the second on
the right hand side of the road.

Appraisal: $335,000.00










THE TRIBUNE



INVESTMENT OPPORTUNITY
mm MUST SELL 2

FREEPORT

‘Lot 23A, Block KN, John Wentworth Avenue, Unit 1} Lot 14, Block 11

BAHAMIA NORTH SUBDIVISION
-FREEPORT GRAND BAHAMA Appraisal: $71

+ gc ay + 3

8,000.00







tim
Tif



Located on this Multi Family lot of 23,564 square feet are two incomplete
buildings. Single story Triplex of 3,502 square feet inclusive of Living and
dining area with full service kitchen three bedrooms inclusive of Master
bedroom and two bathrooms per unit.

SOLSSRTOSRMGHOSFTOSMSSRVSMROARSSVISH

‘Lot No. 37 BLOCK 33, CHURCHILL COURT,
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION,
FREEPORT, GRAND BAHAMA Appraisal: $337,000.00

$ : wet





All that. lot of land having an area of 16,533 sq. ft. being lot No. 37 of
subdivision known and designated as Bahamia Marina and Bahamia Section
4 Subdivision, Freeport,-Grand Bahama. Located on this property is a
structure comprising a 3 year old duplex .structure which covers
approximately (3,058) square feet. Apartment consisting of two 2-bedrooms,
2-bathroom with private Jacuzzi in master bath, spacious living and dining
room, full service kitchen, a laundry and utility room, foyer/hallway with linen
‘and storage closet. The property is fully secured by six foot plastic coated
chain-link fence runs along the side and rear and adjoins the painted 4 foot
wail, with 5 foot pillars at front with electronic gate.

S ERSSHSVSHRSSOR ISH CHSVLOSHVHKHIHVOSR

“Lot 96 HUDSON ESTATES Appraisal: $116,190.00

PPA



Located on this 72x102 feet property is a 16 years old single
family dwelling comprising 1,490 square feet of living space, This

includes, a living, dining and laundry room, kitchen, three

bedrooms, two bathrooms, a garage and entrarice porch.

ROERMPEHROEROGHHORRORHOEROOHBORRD

Lot 7 Block 8 - BAHAMIA SECTION IV
FREEPORT, GRAND BAHAMA

Located on the property of 1.08 acres
that. has been zoned for multifamily
development are four buildings: A, B,
C and D. Houses A and B are
positioned along the road and they
face each other.. Houses C and D are
located to the rear of the building and
are facing each other. The
constructions of Houses A and B are
just about completed, houses C and D
are incomplete. The lot is enclosed
‘with chain linked fence except along
the front where a concrete wall is
erected. A concrete driveway (also
used for parking and about the centre
of the fot) leads from the road and
} runs through the middle of the yard
separating House A and B.

.

Each building contains a total area of
two thousand and seventy-two (2,072)
square feet. Inclusive of the entrance
porch with an area of 182 square feet.

Each house contains an entrance
porch, living and dining rooms and
kitchen, - three bedrooms, two
bathrooms, a laundry area, adequate
storage and closet space.

the

Appraisal: $799,560.00

fi









THURSDAY, OCTOBER 23, 2008, PAGE 13B

FREEPORT

DERBY SUBDIVIS

‘Lot 14, Block 11
Subdivision.

subject property of

one bedroom, one bathroom,

rear entrances. © :




Lot 12B, Block. LN, Unit 2
BAHAMIA NORTH, FREEPORT Appraisal: $54,000.00

The property is located on Cadwallader Drive’ and has an area of
approximately 24,001.56 square feet. It is multi-family zoned.

Lot 67 Block 7
BAHAMIA WEST REPLAT |

Located on this .30 of an acre
property is a newly built 1,900
square feet of living’ space
single family dwelling com-
prising an entrance porch, four
bedrooms, two bathrooms and
kitchen; a living, dining;
powder and laundry room with
adequate closet and storage
space.

| Appraisal: $21 9,614.00

SHROSGCHROSHIOHEOSERSEROOEROSEROSH OOH

Lot 1, Block 8, SEA HORSE VILLAGE, BAHAMA

REEF YACHT & COUNTRY CLUB SUBDIVISION
FREEPORT GRAND BAHAMA Appraisal: $290,000.00

&
wd




SAAN

Situated on this property of 12,500 square fe
quadroplex apartment building containing two 2 bedrooms and 2

SN OH

bathroom units and two'1 bedroom, one bathroom units. Each unit |

contains foyer, living and dining area, laundry and kitchen.

Apt. 101 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND. BAHAMA Appraisal: $62,000.00



The unit is a one bedroom unit consists of a living and dining room,
bedroom, kitchen, and bathroom. There is a laundry room facility on
each floor, a common swimming pool, and fencing with an electronic
gate securing the perimeter of the grounds. The rear boundary of the
subject building is the Ruby Golf Course. The total living area is
approximately 897 square feet.

RIERVORSGOHROFRISEHMRLSHRISFR TSH SOERS
, :

APT 402 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA— Appraisal: $62,000.00



The unit consist of two bedrooms, 2 bathrooms, Lot 4, Block GN.

Edward Birch Court, Bahamia North.

FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:

HARRY COLLIE @ 502-3034 —- E-mail harry.collie@scotiabank.com or




PHILIP WHITE @ 502-3077 - E-mail philipwhite@scotiabank.com
sor FO ee Need 3 ° Rosetta Street, Nassau, Bahamas)

.385



| Send bids to Fax: 356

ION, FREEPORT Appraisal: $112,680.00;
Derby,
Located on the}
11,250 §
square feet, is an incomplete |
‘single storey single family}
house of approximately 1,008 |
square feet of enclosed living |
space, The space consist of}




living, dining, kitchen. There j
are porches at the front and}

f





et is a 36-year-old |





PAGE 14B, THURSDAY, OCTOBER 23, 2008

ee

FROM page 1B
Government, with the consor-
tium saying it could be opera-
tional within 12-18 months once
all approvals and financing is in
place. It will be financed entire-
ly from the private sector.

The project aims to generate
30 megawatts (MW) of elec-
tricity per day on New Provi-
dence from its waste-to-energy
conversion and supply this to
BEC.

Bahamas Renewable Energy
Resources said the plant could
produce multiple forms of ener-

gy. Apart from the direct ener- .

dy supply into BEC’s existing
transmission grid, it could also
develop bio-gas or synthesis gas

for BEC’s existing turbines, or
bio-oil for the Corporation’s
existing diesel generators.
Alternatively, the gas could
also be used to produce ethanol
for use in the Bahamas or
export. f
“Tt is our energy. Waste is our
oil,” Ms McKinney told Tribune
Business. “We will no longer
have dollars going out of the
country to buy oil. It’s sucha
win-win.”
She added that the Bahamas
Renewable Energy Resources
project could lead to “millions
of dollars coming back in” to
this nation, through saving valu-
able foreign exchange reserves
on oil imports and carbon cred-

Legal Notice
NOTICE

CHERBFORD HOLDING S.A.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business ‘Companies Act,
2000, CHERFORD HOLDING S.A. is in dissolu-
tion as of October 21, 2008. ae

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

;

LIQUIDATOR



. CARIBBEAN CENTER FOR CHILD
_ DEVELOLPMENT

The Caribbean Center for Child Development would like to
invite applications from qualified and experienced candidates
for the following vacancy, with immediate effect. Candidates
should hold the following qualifications including an’
education/teaching certificate .

Teaching specialist in communication disorders: Position
duties include the selection of assessment tools and evaluate
children for speech/language delays and oral motor/feeding
difficulties. Design and implement a treatment plan according
to the needs of the children. Be able to provide training to the
child’s family and school-based staff. See

Position Requirements: Masters degree or higher in speech-
language pathology, teacher certified, board certified, five years
experience working with disabled children in the school
environment, training in working with children with an autism ~
spectrum disorder and children who are hearing impaired.
Fluency in sign language a plus!

Teaching specialist in occupational therapy: Position duties
include providing therapy services to children from birth to 21
years of age. This individual performs evaluations, planning,
intervention to a variety of children with disabilities including
developmental delay, sensory integration dysfunction, cerebral
palsy and children with autism spectrum disorders. ns

Position Requirements: Bachelors degree of higher in
occupational therapy/physical therapy, teacher certified, board |
certified, five years experience working with disabled children
-in the school environment. Specialized sensory integration
training a plus! ;

All interested candidates should apply as set out below by
letter, email or fax (864-5427) as soon as possible. Applications
| MUST include the following:

letter of application
a personal statement
a full curriculum vitae,

_ either the names, addresses, telephone numbers, fax and
email numbers of three people who may be approached for
confidential professional references or the name and address
of the recruiting agency from which the candidate's
confidential dossiers may be obtained.

Information on.the position being offered may be obtained from
the undersigned.

Michelle Major-Sanabria, Ph.D., NCSP
Clinical Director

Caribbean Center for Child Development
28 Harbour Bay Shopping Plaza
Harbour Bay Medical Center

Box $S-19407

Nassau, Bahamas

Email: mmajor@childproviderspecialist.org
Applications from unqualified candidates, applications arriving

without the full information requested, or applications received
after November 5th will not be considered.





sy plant’s ‘millions’ in °

its.
Ms McKinney explained that
the plant’s precise financial
earnings could only be worked
out once a power supply agree-
ment was concluded with BEC,
the group having submitted to
the Corporation a ‘price per
kilowatt hour’ that it proposed
to sell its waste energy at. Nego-
tiations over carbon credits, and
who derived benefits from
them, would also have to be
conducted.

Apart from Ms McKinney
and Waste Not, the group’s oth-
er shareholders include other
Bahamian waste industry par-
ticipants, including Henry Dean,
of United Sanitation, and
Wellington Rolle of Impac.

Some 90 per cent of Bahamas

Renewable Energy Resources’

equity will be held by Bahamian
investors, with a small share-
holding retained by its technol-
ogy partner, Carbon Sequestra-
tion, a firm with 36 years’ expe-
rience in alternative energies.
Bahamas Renewable Energy
Resources’ directors include
Bennet Atkinson, an accoun-
tant who also sits on FamGuard
Corporation’s Board; well-
known financial adviser Larry

Gibson, vice-president of pen-
sion services for Colonial Pen-
sion Services (Bahamas); con-
tractor Thomas Whitehead;
banker Bruno Roberts, a for-
mer Bahamas Financial Services
Board (BFSB) chairman; and
Larry Smith.

The Bahamas Renewable
Energy Resources proposal, like
the other two waste-to-energy
projects disclosed exclusively
by Tribune Business this week,
aims to tackle two of the main
problems facing the Bahamas’
future - solid waste disposal (the
environment) and energy gen-
eration (economics).

In its June’ 2008 concept
paper, Bahamas Renewable
Energy Resources said that out
of the 300,000 tonnes of solid
municipal waste. produced

annually in the Bahamas, some ©

75 per cent or 225,000 tonnes
was produced in New Provi-
dence.

“All of this waste currently
goes into the Harrold Road
landfill, which poses health haz-
ards, occupies valuable space
and is expensive and unpleas-
ant to operate,” Bahamas
Renewable Energy Resources
said. ;

LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)
In Voluntary Liquidation



Notice is‘ hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
(No.45 of 2000), PASADENA SERVICES LTD, is in
dissolution. Mrs. Alrena Moxey is the Liquidator and
can be contacted at Winterbotham Place, Marlborogh
& Queen Street, Nassau, Bahamas. All persons having
claims against the above-named company are required
to send their names addresses and particulars of their
or claims to the Liquidator before 9th day of November,
2008.





~ PHONES: LOCATIONS

“Each ton.of solid waste
emits one ton of methane, a
powerful greenhouse gas that
fuels toxic underground fires
and contributes to climate
change. 5

“Leachates from the landfills
can infiltrate and poison
groundwater reserves. Huge
quantities of discarded tyres are
breeding grounds for disease
vectors like mosquitos. And the
garbage simply builds up in the
landfill without serving any use-
ful purpose.”

To solve this, the group’s con-

_ cept document said: “Bahamas
Renewable Energy Resources
solution will turn waste into
resources, produce no harmful
emissions, divert waste from
landfills, run on the energy it
generates and recover 100 per
cent of recyclable materials - all
invaluable benefits to the envi-
ronment and public health.......

“Requirements for success
are exclusive access to the New
Providence waste stream for a

‘period of 20 years, an accept-
ably-priced power or fuel pur-
chase agreement with BEC, an
acceptably priced potable water
purchase agreement the Water
& Sewerage Corporation, the
provision of land for a waste
processing facility at Harrold
Road, plus the waiver of import
duties and taxes on plant mate-
rials and equipment.”

Ms McKinney yesterday
explained that the thermal con-
version process and use of heat
could, as a byproduct, create
some 2,300 gallons of potable
water per minute through
reverse Osmosis.

This water could then be sold
to the Water & Sewerage Cor-

poration and help meet New -

Providence’s 10 million gallon-
per-day demand for fresh water.
With the barging operation
‘from Andros being phased out,
and the Water & Sewerage Cor-
poration being desalinated
water from independent
providers, some seven million
gallons of that amount was now

being supplied by reverse osmo- *

sis plants.

Bahamas Renewable Energy
Resources said in its concept
paper that due to the high water

THE TRIBUNE

Triple Bottom Line’ benefits

table in the area, which was
between three to 10 feet below
the surface, there was limited
scope to excavate and increase
the depth at the 100-acre Har-
rold Road landfill:

By “taking on the cost and
burden of solid waste manage-
ment in New Providence”,
Bahamas Renewable Energy
Resources is proposing to save
the Government some of the
$164 million in recurrent spend-
ing that was pumped into the
Department of Environmental
Health Services (DEHS) in the
2007-2008 Budget.

The DEHS collects 70 per
cent of the 230,000 tonnes of
municipal solid waste generated

on New Providence every year, ©

with the remaining 30 per cent
collected by the four private
sector carriers.

And then there was the oil
price. With global crude oil
prices at $130 per barrel when
its paper was produced,
Bahamas Renewable Energy

‘Resources said: “Since electric- ~
ity in the Bahamas is produced -

by oil-fired generators, the
country’s fuel bill represents
one-sixth (about $1 billion) of
GDP and oil supplies must be
secure to keep the economy
running.” —

Ms McKinney said the

group’s proposed project'would ”

£51
Ci E
206
DOD

/

sid
ort
988
ft fi
Wolk
511
OW
nob

“start to create other industries” °

around it via the materials it
recycled.
~ Apart from saving on the hills
and soil cut down to cover the
daily landfill deposits, she
explained that glass, metals and
other green waste would be
sorted and handed to appropri-
ate recycling firms. -
Bahamas Renewable Energy
Resources planned to partner

viol
ti
M99
26W.
vt io}
HOG

Le

j ao
16 ih
1 fil
uol

with Bahamas Tyre Recycling '

Company to reduce the 400,000
discarded tyres per annum to
rubber mulch, which had a vari-

ety of uses, including “feed- —
stock” for a waste-to-energy

fay

plant.
A partnership would also be
forged with Green Systems to
separate and compost all plant
waste, providing farmers with
top soil and removing a major
source of greenhouse gas.

- NOTICE »

FEH,INC. _

323-4153 Bahama Avenue opposite third street
322-5528 East Street South Sir Charles Hotel
324-6413 Prince Charles Drive Careys Shopping Centre











ee

Men Shoes up to 70% Off
Boatman, Tommy etc. —

1 Jeans Starting @ only
$19.99 2 for $30.00 _
acial (Big Men) Jeans
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Night Dresses 4
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: nly $21
dren Over 12: $10.00






seretenesnssasacenecnitiiiy

PACORA LOR COPRCSL AERA LISAIDA IAA

ite



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30 A tists + Sample 56 wines!



Pursuant to the Provisions of Section 138 (8) of the
International Business Companies Act 2000 notice
is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
toa Certificate of Dissolution issued by the Registrar
General on the 14th day of October, 2008.

Lynden Maycock

Liquidator
of

FEH, INC.

| NOTICE |

INTERNATIONAL BUSINESS COMPANIES ACT, 2000
(No.45 of 2000)



In Voluntary Liquidation

Notice is Hereby, given that in accordance with Section 138 (4) of the

International Business Companies Act 2008, ALCA HOLDINGS
LIMITED is in dissolution. Mr Ian Ledger is the Liquidator and can
be contacted at Villa Graziella, 17 Avenue de la Costa MONACO. All
persons having claims against the above-named company are required

to send their names, addresses and particulars of their debts or claims



Tan F, Ledger
Liquidator

to the Liquidator before 21st day of November, 2008.





| WINES & SPIRITS



Od

ab

SANS REPRE weenie tesa sas tases rasan

RTT

EY ERS SRNL EIA TTS

ise

SPREE ENE RAAT EAI LEIDER LLIN LESTER

RN Tt

—

EERO



THE TRIBUNE

ae

Stock markets plunge o

@ By ELLEN SIMON
AP Business Writer

NEW YORK (AP) — World
stock markets sagged again
Wednesday as a barrage of
weak corporate earnings stoked
fears that the government’s
financial intervention won't
keep global economies out of
recession.

Poor earnings from large
companies in disparate sectors —
Wachovia Corporation, Boeing
and.Merck & Company ~ illus-
trated how wide the downturn
had spread. One bright spot was
McDonald’s Corporation,
where third-quarter profits rose
thanks to the strength of its
Dollar Menu.

Even with the aggressive
steps the government has
already taken, Treasury Secre-
tary Henry Paulson told inter-

‘viewer Charlie Rose Tuesday,

“Clearly, we're going to havea .

number of difficult months
ahead of us in terms of the real
economy.”

Most major indexes fell more
than three per cent, including
the Dow Jones industrial aver-
age, which was down 290 points
in midday trading. Oil prices hit

lows last seen in June 2007, .

trading below $68 a barrel on
worries about weakening
demand. :

Asian markets veered sharply

lower Wednesday, with Tokyo’s
Nikkei index tumbling 6.79 per
cent. Hong Kong’s Hang Seng
was down 6.2: per cent, while
South Korea’s main index shed
5.1 per cent.

The major European indexes
— Britain’s FTSE 100, Ger-
many’s DAX and the CAC-40
in France — all slipped about
four per cent.

In South America, Brazil’s

Bovespa dropped more than
seven per cent after opening
and Argentina’s Merval index
dropped more than 16 per cent,
after falling 11 per cent Tues-
day: Argentina’s president
announced plans to nationalize
private pension funds to pro-
tect retirees from the global

financial crisis. E
World leaders will gather in .

Washington on November 15
to discuss the meltdown. A
senior adininistration, official

said Wednesday that the forum:

will be the first in a series of
international meetings to dis-



cuss what economists predict
could be a long and deep down-
turn.

For many US companies, the
damage has already begun.

Wachovia, which is being
bought by Wells Fargo for
about $14 billion in stock, said it
lost $23.89 billion in the third
quarter, down from earnings of
$1.62 billion in the same quarter
a year ago. Airplane maker
Boeing reported its earnings
slumped 38 per cent as a strike
halted production of commer-
cial jets.

Merck & Co. said it will slash
7,200 jobs as part of a new
restructuring programme. The
drugmaker’s third-quarter prof-
it plunged 28 per cent, partly
due to flat sales. Earnings also
fell at paper company Kimber-
ly-Clark Corp., insurer Well-
Point Inc. and drug developer
Wyeth.

“We are going into what is
very clearly a recession mode,”
Blake Jorgensen, Yahoo’s chief
financial officer, said in a Tues-
day interview. Yahoo is slashing
1,500 jobs while it braces for a
deep downturn likely to extend
well into 2009.

“Right now we have nine mil-
lion Americans out of work,
that’s up from six million this
time last year, and to every trad-
er on the floor, to every trader
upstairs, that’s the most impor-

-tant number” because con-

sumer spending makes up two-
thirds of the economy, said
Alan Valdes, vice president of
trading firm Hillard and Lyons.
A week after Paulson
announced the administration
would spend $250 billion to buy
stakes in US banks, the Federal
Reserve stepped up Tuesday
with a new programme to help
money market mutual funds
that have been squeezed by
worried investors demanding to |
cash out their holdings.
The Fed said it would pro-
vide up to $540 billion in financ-
ing though a programme run by?

_ JPMorgan Chase & Co. to.pur-
chase from mutual funds cer- °

tificates of deposit, bank notes
and commercial paper. The pro-
gramme, to be called the Mon-
ey Market Investor Funding
Facility, is designed to revive
the market for commercial
paper, short-term loans that are
critical for keeping businesses

running? ©

ver recession fears

Money market funds hold
about one-third of all commer-
cial paper and Fed officials said
that about $500 billion had
flowed out of prime money
market funds since August as
investors became increasingly
worried about their ability to
redeem shares. On September
18, the Treasury Department
announced that it was tapping a
$50 billion Treasury fund to
provide guarantees for the
assets in the money market
accounts.

The Fed announced Wednes-
day it will boost the interest rate
paid to commercial banks on
excess reserves.

Paulson said in his television
interview that banks might use
part of the money they receive
from the government to make
acquisitions of weaker banks.

The initiatives seem to be
having a positive effect. Yields
on Treasury bills and the inter-
est rates banks charge each oth-
er have both fallen back: to late-
September levels. Bank-to-bank
lending rates fell sharply
overnight. The London Inter-
bank Offered Rate, or Libor,
on three-month loans in dollars
fell.to 3.54 per cent from 3.83
per cent, dropping for an eighth
straight day. Libor is important
because many mortgage and
credit card rates are pegged to it
and it’s a good barometer of
banks’ willingness to lend.

Meanwhile, members of Con-
gress are moving forward with
efforts to overhaul the regula-
tory system. The changes could
be the most sweeping since the
1930s, when Congress
revamped how the financial sys-
tem was regulated in response
to the 1929 stock market crash
anda wave of bank failures.

Democrats in Congress are
also pushing efforts to assem-
ble a second economic stimu-
lus programme that could total
$150 billion or more. On Mon-
day, Fed Chairman Ben
Bernanke said a “significant”
stimulus package is appropri-
ate. The White House has yet to
endorse the idea, but has said
President Bush was at least will-
ing to consider a second stimu-
lus measure.

e Associated Press writers
Michael Liedtke in San Francis-
co and Martin Crutsinger in
Washington contributed to this
report.











Yamaha Outboards.
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(242) 393-0262

THURSDAY, OCTOBER 23, 2008, PAGE 15B











BAHAMIAN STARS is proud to present the Top 35 Winners of the Competition der two |
rounds of Auditions. From a field of seventy-two (72) Contestants, the following Contestants have .

been selected as “TOP PERFORMERS” they are:-

-G.P.A. AGE School

Name

G.P.A. AGE School



Name

+. Usean Jamar Bailey (3.20) 47 Doris Johnson Senior High School 18. Samantha Shanique Miller = (3.60) 24 Edward Water College

2. Ronesha Bryanna Barrett’ (3.58), 23 — College of the Bahamas 19. Indira G.E.R. Moss : 19 — C.R. Walker Senior High Schoo!
- 3. Alexandria Monique Bowe 24 — Robert Morgan Technical School 20. Romano Khadaty Mott (3.87) 25 Florida Memorial University

4. Carvey Brown 16 Sweeting Senior High School 21. Shurneil Elkeria Newbold 21 Central Eleuthera High School

5. Davian Chase 14 Bethel Senior High School 22, Stephanie Masana Palmer 14 . Government High School

6. Maleka Janette Cleare (3.0) 45 Government High School 23. Devera Shante Pinder ~ 19 College of The Bahamas

7. Rashad De Ron Cunningham (3:5) 15 Government High School 24, Kenisha Leandra Rahming 15 Government High School

8. Kervinique Ferguson (3.0) 18 College of The Bahamas 25. Fayedawn Deborah Russell 17 Preston H. Albury High School

9. Emanuella Mala Flerinivil 46 C.R. Walker Senior High School 26. Rayangelo Tacheano Seymour 14 ‘Government High School

10. Manessa Angelique Forbes 16 Government High School 27. Antone Kendal Smith 17. Senior Sweeting High School

11, Deshante Brendette Grant (3.0) 17. Temple Christian Schools 28. Tatiana Requilda Tinker 22 ~~ College of The Bahamas .

12. Patrico L. Griffin “5 gs 17 R.M. Bailey Senior High School 29. Gabrielle Christina Wells (3.78). 20 — Success Training College

13. Ashnell Gulce (3.09) 15 C.I. Gibson Senior High School 30. Talbert Camron Williams (3.0) 17. Government High School

14..Dawn Kelly (3.0) 18 College of The Bahamas 31..Gregory Renardo Wilson Jr. 17. C.V. Bethel Senior High School

82. Dienne Olive Pilar Deal _ (3.6) 24 — Poinciana High School

16 Doris Johnson Senior High School
Government Senior High School
_ C.V, Bethel Senior High School”

18. CI. Gibson Senior High School
16 D.W. Davis Junior High School
(3.09) 16 Doris Johnson Senior High School

15. Leslie Oscar Lightbourne
16. Mioshi Oshima Lightbourne (3.20) 16
. 17. Jervon Herman Mackey 16

33. Lescia Johnson
34. Ryan Smith
_ 35. Victoria Cartwright

ctober, these “TOP PERFORMERS?” will again compete in fierce
‘ | competition to become “BAHAMIAN STARS” .
_ You are invited to see this “Bahamian Idol” experience up ciose and personal
— ‘at The National Centre for the Performing Arts ee
For more information call M. Hepburn at 322-881 4/322-8853

On Friday 24th O





PAGE 16B, THURSDAY, OCTOBER 23, 2008 THE TRIBUNE









ur chances of winning!!! 8



“dy nani glo pts finde Dede for very Mondeyet Spm ae



t



AP Photo/Karim Kadim

. THE TRIBUNE

Iraqi Cabinet



A. DEMONSTRATOR looks on from behind railings as he stand next to
a banner of Shiite cleric Muqtada al-Sadr during a rally in Baghdad, Iraq,
on Saturday, Oct. 18, 2008, to protest a draft U.S.-lragi security
agreement. The mass show of opposition comes as the United States
and Iraqi leaders try to build support for an accord that would extend



@ By ROBERT H. REID
Associated Press Writers
BAGHDAD

Iraq's Cabinet decided Tues- '

day to ask the U.S. for changes
to the draft agreement that
would keep American troops
here three.more years, as key
Shiite lawmakers warned the
deal stands little chance of
approval as it stands.

The decision, reached in a
closed-door meeting that last-

_ed nearly six hours, raised doubt
that the agreement can be rati- -

fied before a new American
president is elected next month.

Parliament must approve the
draft before the current U.N.
mandate expires on Dec. 31 or
no legal basis will exist for the
U.S.-led military mission.

Such an outcome would force
hard decisions in Baghdad and
Washington on the future of the
unpopular war.

Critics maintain the draft falls

‘ short of Iraqi demands for full
control of their own country

INTERNATIONAL NEWS

says US p

after nearly six years of U.S.
occupation. Supporters insist
Iraq still needs U.S. military and
political support as it builds its
security forces and governmen-
tal institutions.

Opposition, however, is divid-
ed, with different parties object-
ing to different parts of the
agreement, which could make
it difficult to win broad support
for the entire document before
the year end deadline.

Prime Minister Nouri al-Mali-
ki and his ministers reviewed

details of the draft, hammered -

out in months of tortuous nego-
tiations, and concluded that
changes were needed "to raise
the agreement to a nationally
acceptable level," government
spokesman Ali al-Dabbagh said
in a statement.. nega
Cabinet members will pre-
pare a list of proposed changes
to present to the Americans, al-
Dabbagh said without giving a
timeframe.
Government officials said al-
Maliki wanted the proposed

THURSDAY, OCTOBER 23, 2008, PAGE 19

changes submitted Wednesday
so the full Cabinet could con-
sider them Sunday. The officials
spoke on condition of anonymi-
ty because they were not sup-

-posed to release the informa-

tion.

The officials said the minis-
ters of planning, defense and
interior — which rely heavily
on U.S. support — agreed to
accept the draft without any
changes. Others in the 37-mem-
ber Cabinet raised various
objections to the draft.

There was no immediate
comment from the U.S.
Embassy and no indication
whether the U.S. would agree to
further changes. Foreign Minis-
ter Hoshyar Zebari said last Sat-
urday that it would be difficult
to reopen the negotiations.

In, Washington, State Depart-
ment spokesman Sean McCor-
mack said the Bush administra-
tion was waiting for a formal
statement ‘from the Iraqis
before commenting. d

Al-Maliki wants his coalitio

act needs change

Cabinet of Shiites, Sunnis and
Kurds to sign off on the draft
before he sends it to parliament.

The prime minister, who is a
Shiite, fears he could end up
politically isolated if he pushes
forward with the controversial
agreement without solid politi-
cal backing. The agreement
calls for U.S. troops to leave
Iraqi cities by the end of June
and withdraw from the country
by Dec. 31, 2011, unless the gov-
ernment asks them to stay. It
would also provide limited Iraqi
jurisdiction over U.S. soldiers
and contractors accused of
major, premeditated crimes

committed off post and off duty.

. But much of the resistance
has come from al-Maliki's fel-
low Shiites, who profited the
most from the 2003 U.S. inva-.
sion that toppled Saddam Hus-
sein's Sunni-dominated regime.

On Sunday, al-Maliki's rul-
ing Shiite alliance expressed
reservations about the agree-
ment and called for unspecified _

changes to the draft.

__» the presence of American forces in Iraq beyond the end of this, year.

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PAGE 20, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE



= China releases terror

blacklist in Olympic plot

_ IN THIS COMBO made from photos released on
Tuesday, Oct 21, 2008 by China’s Public Securi-
ty Ministry showing 7 of the 8 Chinese nationals
accused of plotting terror acts targeting the Bei- .
jing 2008 Olympic Games. From top left Meme-
timing Memeti, Emeti Yakuf, Memetituersun Yim-
ing, Xiamisidingaihemaiti Abudumijiti and from
bottom left Aikemilai Wumaierjiang, Yakuf
Memeti, and Tuersun Toheti. Photo of the eighth
accused Memetituersun Abuduhalike was not
made available. Chinese police on Tuesday called
for the arrest and extradition to China of the
eight alleged Islamic terror group leaders and
core members accused of targeting the Beijing
Olympics.

























November 7th & 8th
Friday 7:30pm

Saturday 12 noon
Clifford Park { Fort Charlotte )







FE A FU R LNG
Jay Moss, Canton Jones, Nigel Lewis
Monty G, Kistine Alicia, Lynette White

Prophet Lawrence Rolle, Simeon Outten.

(
NIGEL LEWIS & HD

NS






















Shirley Street
Wwww.nassaumotor.com

@ By CHRISTOPHER -
BODEEN :
BEWING

Chinese police called Tuesday
for the extradition of eight alleged
separatists.accused of plotting a
campaign of terror to coincide
with the Beijing Olympics — a
scheme that reportedly included
bomb attacks within China and
in unspecified countries in the
Middle East and South Asia,
according to the Associated Press.

A Public Security Ministry.

spokesman said the eight men, °

all Chinese citizens, were believed
to have financed, incited and
organized attacks during and
around the Aug. 8-24 games as
part of an ongoing insurgency
against. Chinese rule in the tradi-
tidnally Muslim west.

Wu Heping told reporters at a

news briefing that the men were
members of the East Turkestan
Islamic Movement, a murky col-
lection of extremists believed to
be based across the border in law-
less areas of Pakistan and
Afghanistan.

The eight "seriously threatened
the security of the Beijing
Olympic Games and China's
social stability, while at the same
time composing a threat to the
security and stability of relevant
coun‘iies and the region," Wu
said. pe

Wu did not say,in what country
the men were suspected of hiding
and left the briefing without tak-
ing questions:

He said. one of the men
planned to bomb a supermarket
popular with Chinese business
people in an unspecified Middle
Eastern country ahead of the



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opening of the Olympic Games.

' Another suspect had prepared to

attack a Chinese club in a South
Asian nation, he said, without giv-
ing details. ‘

The men also organized
numerous attacks within China
but it was not clear from Wu's
statement if any of them were
carried out. ey

After years of relative quiet,
the western region of Xinjiang
was rocked in August by a series
of guerrilla-style attacks and
bombings -that killed 33 people.

Wu did not say if the eight men
were thought to be behind those
attacks.. ;

The violence was reportedly
carried out by radicals among
Xinjiang's native Uighur ethnic

group, Muslims whose language,

culture and religion are‘ distinct
from China's Han majority's,
Like Tibetans, many Uighurs
complain of a colonial-style Chi-
nese presence on their territory,
chafing under tight religious and

_cultural strictures and complain-
ing that economic development.

has disproportionately benefited
Chinese migrants.

Radical Uighurs opposed to
Chinese rule have long waged a
low intensity campaign of bomb-
ings and assassinations against
Chinese officials. But terrorism
experts say the struggle has taken
a deadlier, more radical turn in
récent years through exposure to
global terror groups such as al-
Qaida. ; : :

Seventeen Chinese Uighurs

have been held at Guantanamo |

Bay, Cuba since their capture in:
Pakistan and Afghanistan in 2001
despite having been deemed

' unthreatening and cleared for

release.

China has demanded the :

detainees be repatriated, but
Washington has refused to do so
because of fears they will tortured
and executed. Albania accepted
five Uighur detainees in 2006 but
since has balked at taking others,
partly for fear of diplomatic
repercussions from China.
China claims that it foiled a
number of terrorist plots this year
before they could be carried out,
including an alleged attempt by a
19-year-old woman to blow up a
Beijing-bound plane with liquid
explosives in March; But it has
provided little ditect evidence to
support claims that Islamic Mové+
ment leaders based across the
border ordered the attacks.
Overseas Uighur activists say
such accusations are politically
motivated and designed to justify
strict curbs on religious, political
and cultural rights in Xinjiang.
Dilxat Raxit, spokesman for
the Germany-based World
Uighur Congress, said Tuesday's

announcement was part of an

attempt to provide legal cover for
a wide-ranging crackdown on
Uighurs that followed the
Olympics. eae
China's refusal to publicly
release evidence or allow an inde-
pendent investigation into the
recent attacks undercuts its accu-
sations of terrorism, he said.

‘"T have never heard of these
people and none of these accu-
sations has been independently
confirmed, but I'm sure they will

use them to ratchet up pressure -

further in Xinjiang," Raxit said
in a telephone interview.
In recent weeks, authorities in

- Xinjiang have reportedly

detained hundreds of Uighurs in
security sweeps, banned many
from leaving the region and
stepped up supervision of
mosques. Business security con-
sultants International Risk said
the Chinese crackdown was like-
ly to continue.."In the aftermath
of the Olympics, the Chinese
authorities have quietly stepped
up their crackdown in Xinjiang,"
the Hong Kong-based company
said ina report on global terror-
ism issued this month. ~

A news release issued at Wu's
press conference offered basic

. biographical information about

the suspects and photographs of
seven of the eight men.

It identified one man, 37-year-
old Memetiming Memeti, as the
leader of the ETIM movement,
saying he had joined the group
in-an unidentified South Asian
country after leaving home in
1998 and assumed the leadership
after its former chief was killed in
a skirmish with security forces in
Pakistan in 2003.

The statement said that under
Memeti's guidance’an unspeci-
fied number of terrorists sneaked
into Xinjiang and other Chinese
areas with plans to "sabotage the
Olympic Games by conducting
terrorist attacks within the Chi-
nese territory before the Games
opened."

He also allegedly "sent dozens
of terrorist teams to some Middle
East and west Asian countries to
raise funds and buy explosive
materials for terrorist attacks
against Chinese targets outside
Chinese territory."

Others accused include 33-
year-old university graduate
Tuersun Toheti, an alleged bomb
maker blamed for planning
attacks on Chinese targets out-
side the country.

Xe



ih

THE TRIBUNE



x-Thai premier found

guilty of corruption

@ By SUTIN
WANNABOVORN
BANGKOK, Thailand

A Thai court found former
Prime Minister Thaksin Shi-
nawatra guilty of corruption and
sentenced him Tuesday to two
years in prison, adding a new twist
to the country's paralyzing polit-
ical crisis, according to the Asso-
ciated Press.

The guilty verdict was the first
against the country's former
leader since he was ousted by a
2006 military coup after being
accused of corruption and abuse
of power.

Thaksin, 59, jumped bail and
fled to England two months ago
along with his wife, Pojaman, 51,
who was also charged. The
Supreme Court acquitted her on
Tuesday.

From his home near London,
Thaksin condemned the convic-
tion but said it was hardly a sur-
prise. "It was politically motivat-
ed since the court is a carry-for-
ward of the coup d'etat," Thaksin
told The Associated Press. "I'ma
politician and after I was toppled
by the coup, it's normal that they
will try every means to justify it."

The ruling was greeted with
excitement by the political move-
ment trying to force out the cur-

‘rent government, which they

accuse of being controlled by
Thaksin. Raucous cheers erupted
among several thousand mem-
bers of the People's Alliance for
Democracy, which has occupied
the grounds of the prime minis-
ter's offices since August. They
chanted, "Go to jail, go to jail!"

The charges stemmed from
allegations that Thaksin facilitat-
ed his wife's purchase of lucra-
tive Bangkok real estate from a
state agency in 2003, while he was
prime minister.

"The defendant was the prime
minister at the time. He should
have been honest and ethical and

‘should not have violated counter-

corruption laws," Thongloh
Chomngam, head of the court's
nine-judge panel, said in reading
from the lengthy verdict.

A prosecutor said the attorney-
general's office "will speed up"
its effort to extradite Thaksin,
who remains the country's most

_ influential politician.

A formal request has yet to be
made. "We set up a special task

force to handle Thaksin's extra-
dition process some time ago,"
said Seksan Bangsomboon.
"Tomorrow we will come and get
the verdict and have it translated
into English and then send it with
our request to the British gov-
ernment asking for the extradi-
tion of Thaksin."

Extradition across borders is
usually a lengthy and complicated
process, and many countries
make an exception for cases
where there may be reason to

e Enriched
e Pre-sifted
e Proven

believe that politics played a part
in the legal proceedings. Thaksin

said he was confident he would be

able to remain in Britain.

"I was waiting for today before
planning my life," he said.

"I want to be a prominent busi-
nessman in the U.K. if the British
people will welcome me."

The Supreme Court's widely
expected ruling made Thaksin the
first politician convicted of cor-
ruption committed while prime
minister.

ALL PURPOSE
“FLOUR”

ENRICHED



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PAGE 22, THURSDAY, OCTOBER 23, 2008

CARS FoR SALE

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AUTO NO.

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THE TRIBUNE

India launches first moon

mission in Asian space race

@ NEW DELHI

space expeditions.
Chief among the mission’s goals

As India’s economy has
boomed in recent years, it has




2116 2000 Carnival Kia SCIENTISTS have better maps _is mapping not only the surface sought to convert its new found
; ; of distant Mars than the moon of the moon, but what lies wealth — built on its high-tech
2157 1998 Altima Nissan ; where astronauts have walked. — beneath. India joined what’s shap- sector — into political and mili-
“2185 2004 Santa Fe Hyundai But India hopes to change that ing up asa 21st century space race _ tary clout and stake a claim asa .
: ; with its first lunar mission, accord- with Chinese and Japanese crafts world leader. It is hoping that a
2189 2000 Accent Hyundai ing to Associated Press. already in orbit around the moon. moon mission — coming just
: Chandrayaan-1 — which means The United States, which won months after it finalized a deal
2213 1998 Elantra Hyundai “Moon Craft” in ancient Sanskrit the 1960srace tosendmentothe with the United States that rec-
herokee Jee —Jaunched from the Sriharikota moon, won’t jump in this race _ ognizes India as a nuclear power
2219 2001 Che P space center in southern India ear-__ with its new lunar-probe until next | — will further enhance that status.
1 2222 2003 Caravan Dodge . ly Wednesday morning in a two- spring, but it is providing key “Tt is a remarkable technologi-
rear mission aimed at laying th eat fof Indl | achi t for th try,”
: : year mission aimed at laying the | mapping equipment for India’s _cal achievement for the country,
2250 2003 Pregio Kia groundwork for further Indian _ mission. said S. Satish, a spokesman for
2257 2000 Delta Kia the Indiari Space Research Orga-
i 7965 005 E te Ch nization, which plans to use the
pica evy . ‘ m 3,080-pound lunar probe to create
3 ' a high-resolution map of the lunar
2274 * . 2007 Durango Dodge Financial Controller surface and what minerals are
277. 2007 Camr Tovota ° ee ee eR ae ge Le a below. Two of the mapping instru-
i ! y; y . a ments are a joint project with
tp 2281 2001 Baleno Suzuki A Bahamian owned group of companies is seeking a NASH i aes
: : ial controller. ; a . Until now, India’s space launch-
| 2292 2002 ‘Ignis Suzuki qualifie oo De Applicants should possess the following HS have BeLt thore practical with
i , , : ; weather warning satellites and
2296 2001 H-100 Hyundai communication systems, said for-
i} 2298 2006 Ram Dodge Knowledge and Education: mer NASA associate administra-
: : 1) A professional accounting designation (CA or CPA) tor Scott Pace, director of space
2300 2005 Santa Fe Hyundai 2) A minimum of five years industry experience as a policy ai George Washington
; 1Versl
| . 9305 2003 Impala Chevy financial controller in managerial capacity. “You're seeing India lifting its
t ; , sights,” Pace said.
2307 1998 Ranger Ford Skills: To date only the U.S., Russia,
‘| 2308 2006 Explorer Ford 1) Excellent interpersonal skills ae European space Agency,
: ais 2) Excellent managerial skills apan and China have sent mis-—
2311. 2002 Ignis Suzuki 3) Strong computer skills sions 19 the moun:
en : While much of the technology
23 15 2006 Ram Dodge ; 4) Strong analytical skills } involved in reaching the moon has
2316 2005 Santa Fe Hyundai 5) Strong oral and written skills not changed since the Soviet
6) Able to work in a very dynamic environment » Union and the U.S. did it more
2326 2000 Explorer Ford. than 4 decades ago, analysts say

so reecney mentees








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current mapping equipment
allows the exploration of new
areas, including below the surface.

In the last year, Asian nations

_ have taken the lead in exploring

the moon..In October 2007, Japan
sent up the Kaguya spacecraft. A
month later, China’s Chang’e-1

* entered lunar orbit.

Those missions took high reso-
lution pictures of the moon, but |
aren’t as comprehensive as Chan-
drayaan-1 will be or NASA’s
upcoming half-a-billion-dollar
Lunar Reconnaissance Orbiter,
Pace said. The most comprehen-
sive maps of the moon were made
about 40 years ago during the '
Apollo era, he said.

“We don’t really have really
good modern maps of the moon
with modern instrument,” Pace
said.

“The quality of the Martian

“maps, I would make a general
“argument, is superior to what we:
have of the moon.

©2008 Creative Edge





THE TRIBUNE | . | THURSDAY, OCTOBER 23, 2008, PAGE 23



THURSDAY EVENING OCTOBER 23, 2008

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

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The Insider (N) |Survivor: Gabon “He's a Snake, CSI: Crime Scene Investigation —|(:01) Eleventh Hour “Agro” Dr. Ja-
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Access Holly- |My Name Is Earl /Kath & Kim Kim |The Office The |SNL Thursday ER “Parental Guidance” Banfield is
WTV4 |wood (CC) “Quit Your thinks Craig is office is robbed. |Weekend Up- caught off guard when a man tries
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a Deco Drive MLB Baseball World Series Game 2 -- Philadelphia Phillies at Team TBA. (Live) © (CC)
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Kickin’ Moves od 2008 From Las Vegas. Knockouts Score (Live)
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PAGE 24, THURSDAY, OCTOBER 23, 2008

THE TRimuinwe



JUDGE PARKER





__ Tribune Comics

IT APPEARS
DEWEY HAD
NO IMMEDIATE
FAMILY! WE'RE
LOOKING FOR
A WILL, TOO!








CALVIN & HOBBES

WELL, IT LOOKS LIKE CALVIN KEEP AN ENE ON HIM, AND
JUST CAUGHT THE BUG GOING] | LET ME KNON IF HE ISN'T
AROUND. NOTHING SERIOUS. | | FEELING BETTER SOON.









©1988 Universal Press Syndicate



SO LONG, CALVIN. You
WERE A GOOD PATIENT
THIS TIME.

NOTHING LIKE A
LITTLE VIRUS To
TAKE THE EDGE
OFF AKAD.







IT WILL BE
INTERESTING
TO SEE WHO THE











NEW. TECHNOLOGY IS AMAZING!
LAST NIGHT ONE OF THE
PRESIDENTIAL CANDIDATES
CALLED ME ON THE

PHONE BY NAME!



IN_A MOUNTAIN PASS, THE TREKKERS | MY TUTORS LET ME

Nas TE TREERS
71 A Sea STUDY WHATEV I
OG AO. YOU LEARNED VERY ree pe

T LIKED YOUR \ WELL, LODI. — N
BROTHER, ERIC.

HE HELPED
ME WITH
MY ENGLISH. @

WHERE WERE YOU,








©2008 by North America Syndicate, Inc. World rights reserved.

THAT'S NOTHING! I HAD A
CANDIDATE CALL ME BY NAME
ANDO INVITE ME TO A PRIVATE

iS 3 FUND-RAISER!





‘YOU FORGOT?!
THAT'S /7/





HI






BENEFICIARY 18!

EXCEPT, OF COURSE, MY
RELIGION AND THE
STORY OF M

MY CANDIDATE CALLED ME BY J
NAME AND INVITED ME OUT FOR

HOT PASTRAMI ON RYE!

I'VE WASTED THE BEST
MONTHS OF MY LIFE






‘JO YOU SEND NOTES

*DENNIS,YOU WERE A
A HOME FOR THATE”

VERY GOOD BOY TODAY.”





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























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

Difficulty Level *

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

5 SS SSS

MARVIN?! WE HAD
A PLAYDATE.!’





IT WAS BAD ENOUGH
WHEN HE THANKEP Us
FOR EVERY THING HE




©2008 by King Features Syndicate, Inc. World rights reserved.

Across

1 The offence of one coming 2
to light (4-7)

9 The more complicated









mathematical proof (7) $

10 Assign that your car’s not 4
working? (2,3)

11 Nail turned blue (4) 5

12. Dollars stolen to obtain P

} ammunition (8) 7

14 Made up for having j

the date wrong on the



inside (6) 8
16 It gives one aseatona

Jumbo (6) © 43
18 Performs successfully (8)

19
22
23

An overhead light (4)

Inside accommodation (5) _
Hunter who gives the

game away if he loses his

head (7) 20
24 Apatchy lot of comics? 24
(6,5)

Yesterday’s Cryptic Solution

Across: 1 Naples, 4 Ennobled, 9
Calais, 10 Liberals, 12 Nest, 13 Feast,
14 Star, 17 Model patient, 20
Admission fee, 23 Eyes, 24 Guard, 25
. Topi, 28 Overload, 29 Metric, 30
Pushover, 31 Frieze.
Down: 1 Nickname, 2 Palisade, 3
Edit, 5 Nail scissors, 6 Owed, 7 Lean-
to, 8 Desert, 11 Recapitulate, 15
Clyde, 16 Enrol, 18 Of course, 19
Mediocre, 21 Recoup, 22 Rebels, 26
Alto, 27 Tear.



-WE'RE THRU!

ZIP You KNOW:
YoU WERE PLAYING

\ HOME WORK 7

7 , He DON'T HAVE To AUG
VAN? HAVE A NICE Ay"!

vi YO 23
CRYPTIC PUZZLE

Down

(61,5)

on it to change the

















(©2006 by North America Syndicate, Inc. World rights reserved.




“YOUR MATH

Ancient Britons appearing
in pageants twice-nightly
(5) :
A nobleman in a real
mix-up (4)

Protection for king caught
in an intriguing situation (6) —
Keep a supply of drugs in
the kitchen? (8)

Made a score (7)

Gain advantage with
appropriate military music ,
















=

There may be many calls




















management (11)
Defeat makes no differ-
ence to mum or dad (8)

Shakespearean character Lu Across pown
gets too involved about the x 1 Asteroid (5,6) _ 2 Point in dispute (5)
underworld (7) N 9 Parvenu (7) 3. Elliptical (4)
BG 2 cisaase:layemne = 10 Break out (5) 4 Obvious (6)
ou ee
Request we turn awry (5) > 11 Require (4) 5 Bluish violet gem (8)
Just where you would ” 12 Making a broadcast 6 Rival successfully (7)
expect some fun (4) =< (2,3,3) 7 Fried yolk uppermost
: 14 Group of seven (6) (5-4,2)
Yesterday’s Easy Solution 16 Declare positively (6) So ee Die nena
: : t cast (4-7)
Across: 1 Calais, 4 Euphoria, 9 US: Te ee eeee hen 43 Locitall d(8
Trader, 10 Free will, 12 Rant, 13 (8) gically argued (8)
Cause, 14 Firm, 17 Cantankerous, 19 Trudge (4) 15 Conditional
20 Unofficially, 23 Avid, 24 Renew, : stipulation (7)
25 Fuss, 28 Hanger-on, 29 Boring, 22 Combination (5) P
ee Sree 31 ae ad 23 The currency (7) 17 ‘Tactless (6)
own: 1 Cataract, 2 Learning, ;
Item, 5 Unrestrained, 6 Heed, 7 24 Expression of AGA POMItS Memory

Raisin, 8 Aplomb, 11 Back of
beyond, 15 Jaunt, 16 Quail, 18
Illusion, 19 Eyesight, 21 Pathos, 22
Winner, 26 Mean, 27 Goya.

ON YOU?



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$7 Aly, SiS op C52, SES

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Difficulty Level ¥

I MUST HAVE
-HANVED IN
MY. SHEET

Musié!





‘Alexander Belyausky v Geni
Meier, European championship,
-Plowdiv 2008. White {to move} has
his eyes on Rxh7 mate, but Black

has conjured up an ingenious af charge.

then still QcS with a new threat
Qgi mate. But former world title
candidate Belyausky spotted 3
flaw in his opponent's concept,
and his devastating reply force
immadiate resignation. Can you
find White's winning move? Play
continues this afternoon {2 pm
start} in the Staunton Memorial















Mme Lobe peters bey |
‘Ee ee

(5)
Capital of Ukraine (4)

surprise (4,7)
21




at Simpsons in the Siand. Games
continue for several hours, and you
can wateh the grandmasters free

defence, threatening GxhI mate. LEQNARD BARDEN.

if White irfes 1 8f3 ae aot gi
? 7 £

OcSt with the counterthreat Gf "Mb mat wiles 2 fas ad Wie gard 5!

tate. While quards £2 by 1 Rha 20egl wile malting hs ats he, e

















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











South dealer. \
East-West vulnerable.
NORTH
15
VA104
AQ 102
&K762 .
WEST EAST
AK QI96 432
¥Q52 ¥976
964 KI8
&104 9853
SOUTH :
1087
Â¥KI83
753
hAQI
The bidding:
South West North — East
Pass 1 Pass Pass
Dble Pass 26 Pass
34 Pass 4%

Opening lead -- king of spades.

Pakistan’s Zia Mahmood, one of
the world’s top players, is especially
noted for his ability to guess thé loca-
tion of missing key cards.

In this deal from the 1984 World
Team Olympiad, Zia demonstrated
that there is often more to a success-
ful “guess” than first meets the eye.

Zia got to four hearts as shown,
and West started with the K-A-Q of
spades, dummy ruffing the third
spade with the heart four. Zia could
see that a successful trump finesse
would greatly aid his cause, and he
also realized that West did not have























HOW many words of
four letters or more cam
you make from the
letters shown here? In
making « word, each
letter may be used once
onty. Each must contain
the eentre letter and
there mast be at least
ret



ending in “s”, no wor
with initial capitals and
ne words with a hyphen
or apostrophe permitted.
‘The first word of a
phrase is permitted (e.g.
inkjet in inkiet printer).
TODAY'S TARGET

Good 18, very good 27;
excellent 36 (ar mare).
Solution Monday.

YESTERDAY’S SOLUTION
antic atomic
e pion




atnip
ciao claim clam clamp
clan clap, clint clip ‘clop
clot coal coat coati coil
eon coital cola colt
comm complain
COMPLAINT
COMPLIANT icon
impact manic manioc
mica octal optic optical
otie pact panic pica
picot platonic taco teic
tenis taple topical



Famous Hand

to have the queen of hearts for his
opening bid.

Nevertheless, at trick four Zia
crossed to the club queen, led a low
heart and finessed the ten. The heart
ace was followed by a club to the ace
and the heart king, felling West’s
queen. Although the diamond finesse
later failed, South still finished with
10 tricks — four hearts, four clubs,
the diamond ace and a spade ruff in
dummy.

How did Zia know West had the
heart queen? The answer is that he
didn’t, but he had good reasons for
playing as he did.

First, West’s spade continuation at
trick three, forcing dummy to ruff,
made it seem. that he was trying to
protect a potential trump trick.

Second, finessing against West
was the better technical play. It
would bring in the entire suit if West
had started with Q-x or Q-x-x, while
a finesse against East would pick up
the suit only ifhe had started with Q;
X-X,

Third, if the finesse lost to East,
West would then become marked
with the diamond king for his open-
ing bid, giving declarer his contract
with the aid of a diamond finesse
later on.

And so, a lot more thought went
into Zia’s successful “guess” than
might appear at first glance, which is
usually the case when a player of his
caliber “guesses” correctly.

Tomorrow: The percentage factor.
©2008 King Features Syndicate Inc.

















THE TRIBUNE | | . THURSDAY, OC TOPEts 23, 2008, PAGE 25

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PAGE 26,.

is we
CARS CARRYI





THURSDAY, OCTOBER 23, 2008

aa viel Vin a ee



kman/AP

jor



LEHTIKUVA/Matti

NG members of the American delegation leave an isolat-

ed manor house in Vantaa, outside Helsinki, Tuesday, Oct. 21, 2008.













American and Russian military leaders met at the manor house in Fin-
land on Tuesday for unannounced talks, the highest-level military meet-

in August. No details of the negotiations were given on Tuesday.

Last Name: First Name: |

‘ ‘ Titl : ; : ing between the two countries since Russia's war with U.S. ally Georgia:
ompany: ___ - Title: me

Telephone # Home: __ ~ Work: |

Fax #: P.0.Box: ea
‘Exact Street Address: 3









US, Russia hold
fence-mending

i 2 ae le military talks



@ HELSINKI, Finland

House #

_ THE TOP U.S. military officer

held “businesslike” talks on Geor-
gia, Afghanistan and missile
defense with his Russian counter-
- part Tuesday, a signal of thawing
relations between the two powers,
according to Associated Press.





___ House Name: __
__ Type of Fence/Wall:





House Colour: __




















in Finland, it was the highest-level
military meeting between the two
countries since Russia’s war with
U.S. ally Georgia in August. The
conflict strained already tense ties
between Washington and Moscow.

Adm. Michael G. Mullen, the
chairman of the Joint Chiefs of

of issues, including the future of
NATO and the current status. of
_ missile defense systems in
Europe,” said Kim Hargan, a
spokesman for the U.S. Embassy
in Finland. : See
Mullen later called U.S. Defense.

Held at an isolated manor house

Staff, and Russian Gen. Nikolai —
Makarov “discussed a wide range.



Secretary Robert Gates, saying
they had a “productive, busi-
nesslike conversation,” Pentagon
press secretary Geoff Morrell said
in Washington, adding that Gates
was pleased with the outcome.

A U.S. defense official said

’ Makaroy, who became Russia’s

top military officer in June, sug-
gested the meeting and that the
two military leaders covered a
range of topics including Georgia,
Black Sea operations, and
Afghanistan as it related to NATO
involvement. | : :
Makarov told Russia’s RIA-
Novosti news agency that they
talked about the resumption of the
Russia-NATO Council, which was
suspended after the Georgia war.
A decision on resuming the coun-
cil, a forum that brought NATO
countries and Russia together, will
be made in November or Decem-
ber “and this question remains in
the American’s court,” Makarov
was quoted as saying.

_



Full Text
believed to
focus of police

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CLOUDY,



‘Discussions

investigation —

Prime Minis-.

4 seeking information on the lat- |

‘been involved
-in behind-
~closed-doors

FORMER | ae

ter; Perry:
Christie has

discussions
with a parlia- |
mentary col-.
league at the.
centre of a.
looming scandal.



The PLP leader held a a pri-
vate meeting with the MP in the ©

opposition. room at the House
of Assembly yesterday.
It is understood that he was

est developments in a police
investigation into an alleged
construction scam. ~

The meeting, which lasted
ee than an hour, was held to

‘discuss details of what Mr

Christie and other leading PLP
figures fear could become
another major setback for the

party.

During the meeting, the MP

’ continued to assert his inno-

SEE page 18»





|

|
TIF |
|

|
‘FSTORMS
sq

; Quiznoss



, The Tribune

©USA TODAY —



_ BAHAMAS EDITION




“BIC has not reimbursed pay

‘ By CHESTER ROBARDS

Tribune Staff Reporter

THE Bahamas.Telecommu-
nications Company announced
‘yesterday that, contrary to an

- article published in the Bahama





ae ti a 4 Mitt TORS : vy





" “etanins Petes 9 nz Sattnie Reda

More Neat... More Flavour

\

Euot a
Regular Sub

For aisiy .









Cuoose Faow
"TURKEY
‘Tuna

- & Cart SE

go & Carrsn

Lo

deducted from some employees’

Journal, it has not reimbursed.

pay deducted from employees
who took unauthorised time off

‘from their duties. ;
-BTC said it took “grave:

exception” to the headline sto-
ry because’of its inaccuracies.
“The story is factually inac-

curate on'a number of levels,” .

said Mr Kirk Griffin, Acting
President and CEO. “First of
all, the Government is not

involved in the day-to-day man- .
_agement of the company. Any

management decision taken by
BTC is done through the
authority vested in executive
management. The suggestion
that the government would be
involved in any decision first to
deduct any pay, and second, to
facilitate a reimbursement is
wholly without merit.”

Mr Griffin said only 49 peo-
ple of 514 whose pay was
deducted after they participated
in an unauthorised work stop-

_ SEE page 18

THURSDAY, OCTOBER 23, 3008

a Tt

. Teer

The Paint Depot

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THE REMAINS of the property "
in Milton Street, Nassau —

MBy ALEX MISSICK __

FEARS of a serial arson-
ist on the loose continue to
grow after a fire in Milton
Street, Nassau, claimed the
home of 50-year-old Arling-
ton Rolle early yesterday
morning:

Mr Rolle went to Quakoo
Street police station around
“5am to report that a man

had been threatening his life
and property. When he
returned half an hour later,
his home was on fire.

The first time Mr Rolle’s
home was almost burnt
down was during a riot ear-
lier this year in Milton
Street. Six people involved
in that incident were charged
with throwing missiles, caus-
ing damage, resisting arrest,
obstruction, assaulting a
police officer and using
obscene language.

“This is not the first time.
They tried to burn me and
the neighbour’s home down.
They had thrown a piece of
cloth on the neighbour’s roof
and’ the fire spread and
almost burned my home

‘SEE page 18


































Tim Clarke/T ribune staff

BUSINESSES are Thane a

PRICE — 75¢ _



downtown said he has had to

major setback as the number . reduce staff hours from six to

of visitors to the Bahamas fell :
by almost 10 per cent in J uly.

and has continued to decline.
Statistics published by the

’®Ministry of Tourism show the

number of foreign visitors in
July 2008 was just 341,471,

38,389 less’than. the 377,860 -

tourists who came to the
Bahamas in the same month
last year.

The 9.6 per cent drop is

affecting businesses that

- depend on the country's num-

ber one industry.

Owner of a T-shirt store.

â„¢@ By CHESTER ROBARDS
Tribune Staff Reporter

A GRANDMOTHER’ S application for goyern-
ment assistance to get her wheelchair-bound grand--
daughter from home to school'was denied by Social
_ Services, St Thomas More MP Frank Smith told the

House of Assembly yesterday.

’. Several weeks ago a Tribune reporter spoke to the §
minister responsible for Social Services, Mrs Loret-
ta Butler-Turner, about 54-year-old Mrs Denise
Rolle’s difficulty in ‘daily pushing her disabled grand-

‘daughter, Rickia Rolle, to and from their Kemp

~Road home.to RM Bailey school; where she is a student.

just four days a week because
business has been so slow.
‘As his business relies on
cruise ship passengers for .
around 90 per cent of sales,
he is feeling the effects of few-
er cruise ships, which he
expects are not filled to capac-
ity, with passengers who have

_ less money to spend.

_ By comparison to the drea-
ry aftermath of 9/11, when
very few people were flying,
the current lack of tourists y

SEE page 18

Appeal for government assistance to set ‘
-wheelchair-bound girl to school denied

\

.

Frank Smith



“We do have a disability vehicle, and we do pick-up disabled persons

SEE page 18

“

UP.TO 20 MORE JOBS FACE AXE AT
CABLE BEACH RESORTS


PAGE 2, THURSDAY, OCTOBER 23, 2008

The Ministry of Foreign Affairs to
peep Consulate Office in Atlanta




eneva Brass sealoods

‘A Bahamian er Segoe Tradition”

Store #1 (Farrington Rd. ) — 325-0116
Store #3 Carlee RG): — 341-3664




"Additional 5% discount on 5oz. tails with the
presentation of this ad.



































TO. ANY. OF YOUR FAVOURITE ‘4 00
COMBOS OR LARGE PACKS FOR *

LIMITED TIME OFFER!

-@ By LINDSAY. THOMPSON

IN JANUARY, 2009, the
Ministry of Foreign Affairs will
open a Consulate General
Office in Atlanta, Georgia to
alleviate the strain on the office
in Miami.

This was announced by
Deputy Prime Minister and
Minister of Foreign Affairs

‘Brent Symonette.

The Ingraham Building in
Miami houses the Consulate
Office, which will be relocated
to another floor to accommo-
date the goals of the ministry,
including processing cbesrport
applications.

“The Miami office is a very’

busy office where passports and

_visas are processed. We are

looking at upgrading that with a
number of changes,” Mr
Symonette said.

The Ministry of Foreign
Affairs maintains nine overseas
offices — four in the United
States (the Embassy in Wash-
ington, the Consulate General
in Miami and New York, and
the Mission to. the United
Nations), the High Commis-
sions in London, United King-
dom; and Ottawa, Canada; and
Embassies in Haiti, the People’s
Republic of China and Cuba.

Ambassador.C A Smith is in
Washington; former commis-
sioner of police Paul Farquhar-

son is the High Commissioner
-to London; former MP Mike

Smith is the High Commission-
er to Ottawa, Canada; ex-Sena-

TROPICAL
EXTERMINATORS

TRAUMA e
PHONE: 322-2157








tor Gladys Johnson-Sands is
Consul General in Miami; for-
mer NEMA Director Carl
Smith is Consul General in New
York; career diplomat Dr

Paulette Bethel is the perma- -

nent representative to the Unit-
ed Nations; and ex-cabinet min-
ister Elma Campbell is Ambas-
sador to the People’s Republic
of China.

New ambassadors to Haiti
and Cuba will be announced

shortly, Mr Symonette said.

Another area of change on
tap is the Department of Immi-
gration.

Mr Symonette said that a
look at immigration policies is
underway to determine whether
Bahamians are interested in
certain areas of the workforce
normally sought by foreigners.

-“T intend to meet with a cross
section of the community to dis-
cuss whether we can accept that

‘are being sought for gardiners,

THE TRIBUNE

there are certain levels of the
workforce in which Bahamians
desire not to work. We have to
come to the realisation that cer-
tain sectors of the community
workforce are not jobs Bahami-
ans traditionally want to go
into,” Mr Symonette said.
He noted that work permits



live-in maids and handy-men.

















Bernard Rd


ei

Ge to November QT



THE TRIBUN





Man jailed for
death threats
and attempted
extortion

A man was sentenced to one
yearin prison yesterday after
pleading guilty in a Magistrate’s
‘Court to charges of attempted”
‘extortion and threats of death.

. According to court dockets,’

on Tuesday March 11, Marvin:
Omar Lewis, 29, of Prince
Charles Drive, while being con-
cerned with another, attempted
to extort money from Michael
Stuart.

Court dockets state that on
the same date, Lewis threatened
Stuart with death. ,

Lewis and Ashley Seymour,
alias Ashley Newbold, were
arraigned on the charges earlier
this year. ~

Lewis, who appeared before
Magistrate Carolita Bethel yes-
terday to change his plea to |
guilty, was sentenced to one
year in jail.on each charge.

The sentences are to run con-
currently and to take effect
from April 28 of this:year.
‘Lewis was also bound over to
keep the peace for two years.

Unlicensed —
firearm case
adjourned —

A 27-year-old man of Yellow :

Elder Gardens was arraigned in
a Magistrate’s Court yesterday

onan unlicensed firearm _

charge. Sete
_ Itwas alleged) that on-Mon-
day, October 20, Derek Russell

was found in possession of an
. UZI 9mm automatic weapon.

‘Russell, who was arraigned

‘before Magistrate Derrence

Rolle at Court Five in Bank
Lane yesterday, pleaded not’
guilty to the charge.

He was granted bail in the

_ sum of $10,000.

The case has been adjourned

in Freeport —

| THIEVES targeted two
churches in Freeport in 24 :
hours, breaking into the sanctu-

_ | aries in search of items to steal.

’ ‘The first'incident occurred
around 5.30am on Tuesday at

the Grand Bahama Family >.
- Worship Centre on West
Wee aye Drive:

~ Thieves smashed open the

woEEn glass door with a large
_ Cement brick to gain entry.

‘Two celiular phones and a
computer were stolen.
The second incident occurred

at the Ziva Baptist Church on

East Sunrise Highway. -
_ It was reported to the police

that sometime between 10.30pm_

on Monday and 5.45ar on

. Tuesday, some persen of per-.

sons broke into the sanctuary
through an eastern door,
itis not yet known. whether

: items were stolen.

Police say they are inbeatipate
ing | both these incidents.

Three men in

- custody over

rugs find

_ POLICE lok three men into
custody on Tuesday in connec-.
tion with the discovery of illegal
drugs.

Acting on a tip at around
12.25pm, officers of the Mobile
Division investigated an aban-

. doned building off Soldier Road

in the area of Redland Acres.
_ Inside the derelict building, —

the officers discovered a quarter

pound of ‘marijuana, a silver
pan, a pair of scissors, foil

_ wraps, and plastic bags.

The three men, aged 31,19
and 17, are currently helping

police with their inquiries.

Police arrest |
man after illegal
firearm found
OFFICERS from the Cable
Beach Police Station appre-

hended a 33-year-old man in
connection with the discovery of

- a suspected illegal firearm near

a Westridge home on Tuesday
at8.20pm. *

Officers found a blue Sports-
man bag containing a .9mm
handgun with one live round
ammunition and a small quanti-

ty of marijuana.

The man, a resident of Ross
Corner in police custody and is

‘helping with inquiries into the

matter.




































a By LLOYD ALLEN

ABAHA MAR executive con-
firmed yesterday that following
‘the lay-off of 29 Sheraton

Beach resorts by month’s end.
Vice-president of administra-
tion and external affairs Robert
Sands told The Tribune yester-
day that earlier this year, Baha
Mar determined that an estimat-
ed five per cent of its total work
force will have to be let go.
Mr Sands said that this staff
reduction process is an attempt

financial challenges, which have
been attributed to the faltering
.US economy.

- A total of 80 to 90 employees
were initially intended to be ter-

far 74 have already been laid off.
' Mr Sands explained that the
staff reduction process is a ran-

@ By LLOYD ALLEN
Tribune Staff Reporter

WITH fears of a serial killer
on the loose targeting gay men,
a local activist is arguing that.
the root of increased violence
in all its forms is the inability
to resolve conflicts.

Erin Greene, human rights
and gay, lesbian, bi-sexual and
transgender activist said:

Y omot, weshave: @ serious crisis
‘going ons The truth is, interper-

this ‘country. 2

may be a direct effect of
increasingly tough economic
conditions.

“Things are rough, people are

stressed about economic condi-

tions, they enter a crisis mode.”
She said when people are

placed in such a situation,

“window.”

lence, murder, and other forms
‘of violence, she Said. oh 54
Rev Patrick Paul, President
SOF the Bahamas Christian coun-
cil, contends that there is a

turmoil in the Bahamas. -
“Tt is no secret that our coun-

‘life.
“The Bahamian society is

and irrational ideologies that
have come to bear on the social
structure of our society.”

_ According to the reverend,
the increasing level of criminal

‘ Tribune Staff Reporter.

employees, up to 20 more per-.
sons will be let go from the Cable ..

by Baha Mar to eaSe its ongoing:

minated by the company, and so .

- Whylly,

. “Whether there is a serial killer.

sonal violence has escalated isk

Ms Greene added that this.

stressed, and when people are .

“interpersonal skills go out the

This can lead to domestic vioz

brewing epidemic of crime and
try i is in a colossal fight oe its’

“now a multi-subcultural society
which has. adopted eccentric

LOCAL ar

Up to 20 more jobs
face axe at Cable
Beach resorts

News follows 29 Sheraton lay-offs



Aes a

dom selection procedure which

-will extend to all sectors of the

company, including hotel based
workers within the Baha Mar
resorts as well as Baha Mar devel-

-. behaviour nationwide is “a cry

for help” resulting from a lack
of forgiveness, an increased fas-
cination with materialism, and
deteriorating values.

Reflecting on the recent mur-
der of fitness instructor Paul
he said: “It 1s very
unfortunate that a man can be
stabbed so many times by-a fel-
iow human berg.”

RéevieFaul said that in



opment employees. The Baha
Mar company, which overseas the

operation of the Wyndham, Sher- .

aton, and the Nassau Beach
hotels, reported that all properties
have suffered financial losses and
a significant drop in occupancy
levels over the past six months.

Mr Sands said that over the
past six weeks, overall occupancy
has not exceeded 40 per cent and
has been as low as 25 per cent at
some points.

With the Christmas season just *

weeks away, Mr Sands said that
the company remains hopeful of
higher arrivals during tpat period.

Looking toward the future
prospects of the Baha Mar

Resorts, Mr Sands said: “We

believe the economy will get bet-

~ ter over a period of time, and we

believe that the future success of
tourism will require a Visionary
project such as Baha Mar going
forward, which will be able to cre-
ate‘jobs and also generate busi-
ness to this destination.”

Failure to resolve conflicts behind
increased violence, says activist _

response to ermal acts
throughout the Bahamas, the
Christian Council intends to
launch an anti-crime campaign
during the month of November

in numerous sectors of the com-

munity.

He said it will aim to bring .

about a greater awareness of
God, and to. encourage persons
to resolve their conflicts without
resulting to violence.



THURSDAY, OCTOBER 23, 2008, PAGE 3








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PAGE 4, THURSDAY, OCTOBER 23, 2008

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE



. ps 1 0 se e@ : le
The Tribune Limited
NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to a tp The Dogmas of No Master

"LEON E. H. DUPUCH, Pubhs/ier/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.
Contmburns Editor 1972-1991

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

Publisher/Editor 1972-

Published Daily: Monday to Saturday

Shirley Street, RO. Box N- 3207, Nassau, Bahamas
Peatance Manse Building., P.O. F 485, ER SEDOT Grand Bahama

: ‘TELEPHONES
i es paephours (News, Circulation and Advertising) 322-1986
Advertising Manager - (242) 502-2352.
Circulation Department - (242) 502- -2387
ae , Nassau Fax: - (242) 328-2398.
eo _ Freeport, ‘Grand Bahama: 1- (242)-352- -0608
Freeport fax: (242 ) 352- yois

Bahamas has felt other recessions —

EAREIER this week James Smith, state

~ minister of finance under the former govern)"
' ment, was doubtful that the Bahamas’ economy ° |:
' city water supply and sewerage system was -

. would achieve the IMF’s predicted 1 per cent

‘ growth rate this year: In his opinion the’

Bahamas is now “extremely close” to. falling
. irito a recession..
. Not only are tourist figures down, causing
. shorter work weeks in the hotels, but-with
. reduced visitor spending, even some businesses.
“ are opening only a few days a week. For the first
' time this generation of Balamians will Tealise
* the importance of foreign investors. ;

“What is happening for us,” said Mr Smith,

- “apart from the fall-off in tourist arrivals, is
* that we have very little foreign direct invest-
_ ment. We’ve always relied upon that on the
~ balance of payments side. We will not have that
| foreign currency inflow from foreign direct
' investment to take care of the recurrent deficit
_ .on the capital side.”

However, said Mr Smith, while this might no.

lead to “real growth” in-reserve ‘levels, by the
» same token the Bahamian economy had a self-
* correcting mechanism to prevent any’ severe
“depletion of reserves. During-an economic
- downturn, said Mr Smith, the demands of busi-
- nesses and consumers also dropped. This

- reduced the outflow of reserves once needed to. »
3 “EAS, = Shea Anse any those with a letter from a com-

a % Pues goods to restock davenoHs that

oe of tiving to: anich iBabiiraians ehh over .

le many years become accustomed, the foreign
_ investor is-a builtin nécessity: With him gone,

- Bahamians will have to adjust their living stan-.

_ dards down a couple. of notches. d
This is not the first time that Bahamians

have had to face an economic downturn, and

abandon the car for the bicycle.

In the’early twenties, the Bahamas grew rich ©
when Americans:were forced to ‘ ‘go on the

|. wagon.” On January 15, 1920 the American

_ government declared it a Federal’ offence for

-. Americans to manufacture, sell, export. or

import alcoholic beverages. Liquor was not ille-
gal in the Bahamas and so these islands slaked*

_ the thirst of Americans trying to exist in a “dry”

country, ruled by the Temperance Society: It

_ was the beginning of the Bahamas’ bootleg era.
During that short period of plenty, according:
to the late Dr Paul Albury’s “The Story of the

Bahamas,” the. New Colonial Hotel and golf.

course was built, as was the Montagu’ Beach
Hotel, and the Bahamian Club with its discreet
- gambling casino. There were also great improve-

re PMs SPI

‘\



ments to public utilities aad visitor accommo-
dations, the harbour was dredged to.a depth .
of 25 feet, the electrical plant was expanded, a

installed. Aland boom in southern Florida
spilled over into the Bahamas, American spec-
ulators bought large tracts of land and devel-
‘oped such subdivisions as Westward Villas, The
~ Grove Estate and Treasure Trove. Suddenly,

. the bubble burst.

Prohibition was repealed in 1933. Not only
was the liquor business now legal in the US,
but the Bahamas’ kegs of rum were no longer
needed. It was during this period that our islands
were hit by three hurricanes — the 1929 hurri-
cane being the severest.

“For three days and three nights,” wrote Dr

. Albury, “this monster squatted over the capital |
island. When it finally moved on, there was

hardly a leaf left on a tree and the city was a

shambles.”

In the autumn of that same year Wall Street
crashed. The Bahamas was suddenly cut off on
all sides: Poverty quickly set in. Committees
were formed to try to create employment. For
example, money was set aside for the painting of —
Fort Charlotte. Every two weeks the work gang
was changed to give every one a chance to make
a few shillings. To make certain there was no

d.work,on-the-project-Mr

aes
_ where the Ministry of Education’ was once locat-
ed, decided to help.

He ‘had a wall built around his property,
planted a citrus orchard and paid men 1/- a day
and a mid-day meal. He considered it important
that they should get one full meal a day. When
this subject came up in 2003, Bahamians who.

_ did not know, but wanted to stir up racial ani-
mosity, dismissed Mr Ce'lia’s help, accusing
_him of exploiting black people. :

-The Bahamians of that time were grateful to

4 take home a shilling a day and.thankful for
. their mid-day meal.

Although, our current situation does not
_look promising, it will probably not be as des- \
. perate as it was when the market Erashedy in
His

‘But whatever the future brings, Bahamian
not only will have to learn how to tighten their
belts, but they should better understand — now
‘that it is fast disappearing — what it is that

ade their lives so comfortable. In the mean-

time Bahamians should learn to give better ser-
“vice and better prices to visitors who are still
- coming and try to clean up this island to encour-

_ age their return. >

Ne



Surviving and
prospering —

during these
hard times

EDITOR, The Tribune.

Well if you asked me if the

Bahamian economy could be
saved my answer would be a
resounding yes, No I am not an
economist all that I am is just a
simple man of vision.

Clearly the position we now
find ourselves in financially was
not of anyone else’s making but
ours contrary to what other may
say. Others would love to pass
the buck and blame the US, The

Federal Reserve, Wall Street and.
a whole slew of names and'

acronyms. But anyone who has
overcome problems in this life
will tell you the fastest.way of
solving a problem i is to first admit

- that there is a problem.

Getting at the core of this
whole economic crisis as we call it
is almost close to impossible if
one was to mind the government
and mainstream media. If one
were to turn on your TV ‘to try
and inform oneself about the
financial meltdown that is occur-

ring around the world; you would °

be bombarded with hundreds of
odious talking heads spewing out
ridiculous Wall Street jargon

‘which is as useful as a butter knife -

in your hand as a pack wolves

* come to tear you to shreds. Yes, I

do admit that information is key
in these times, but it is only prop-
er information that will be our
salvation from this perfect storm
that is brewing.

For us to fix this problem it’s

not going to be the government °

or the financial houses that’s

- going to do it. It will have to be us

as individuals that are going to
have to fix this situation. My first

Bahamians:

EDITOR, The Tribune.

BAHAMIANS, like people
around the world, are justifiably
woiried about events inthe Unit-
ed States. For, as is so painfully
obvious, it is unreasonable i in this
globalised world to expect the
financial contagion to stay within
the borders of the United States
of America.

The crisis on Wall Street has >

not only shattered iconic US insti-

tutions but has brought down .

European banks and threatened
others in Asia. In’ The Bahamas,
while at fresh blush, the conta-
gion appears not to be debilitat-
ing, in my view, it is clear that
Bahamian institutions will not ful-
ly escape exposure.

In any event, the deeper prob-
lem for an economy like ours is
not the immediate fallout in the
financial markets and the con-

comitant tightening of credit. For,



LETTERS






suggestion to anyone who’s ready
and prepared to batten down and
withstand the storm is to simply
first cut off your TV. Because
most likely you are in an emo-
tional state that does not need
someone there telling you the
world is going to end everyday.
Something like that is most likely

going to put you ina state of

depression.

‘Now that’the TV is off, now is”
» the time for you to take control of

your mind and subsequently your
destiny. Now if you’re like most
out there, your mind is a barren
wasteland filled with FEAR
(False Evidence Appearing
Real), due to the excessive point-
less television watching over the

years, and not knowledge and.

facts as it should be. I am not say-
ing these statements to insult any-

one or make them feel bad, I am .

just addressing the reality of the
situation at hand.

Now that you have done an
honest self-assessment of your
state of mind you can now begin
to build and shape your mind. I
know some of you may feel a bit
bewildered with all this mind talk,
but the reality of life is your mind,

or better yet, your thoughts play-

the biggest role in anything you
do. So trying to exclude it from
your financial picture is what has

placed us in our current geopolit-
_ical predicament now. ° He
So what I’m. Saying) is it’s fms.

“as the experts tise said, in ihe e
short term; The Bahamas: can:

replace sovereign borrowing from

- abroad by tapping the local finan-

cial market. Or. if things become

really tight, the Government .

could resort to the central bank

reserves to meet external obliga-

tions.

The greater issue is the longer

term implications for growth and
development. The United States

is the market for The Bahamas,

biggest export business: tourism.
Upwards of 70 per cent of the vis-
itors who come to the islands

annually originate in the USA.

In this atmosphere of crisis, it is

- not particularly difficult for loose

and irresponsible statements. to

. further weaken confidence and

become self-fulfilling prophecy.
It is in this context, I note Oppo-

sition Leader Christie’s complaint |
afew days ago that the goyern- ©
ment is not doing and saying

letters@trilbunemedia.net

to wake up and take your mind
off auto pilot. Now as everyone
knows, to be a good pilot one
needs proper gine it is now
time for you t t yourself in.
training.

In the arena of financial self
help books which I will be sug-
gesting “The Richest Man in
Babylon” by George S Clason is _.
by far one of the most profound
books written on this topic.
Another masterpiece dealing with
this topic is “Think and Grow
Rich” By‘ Napoleon Hill also
“Rich Dad Poor Dad” by Robert
Kiyosaki is an amazing book. All
of these books I:mentioned can
be found in any bookstore around |
the Bahamas.

Iam sure for some people out
there at first glance these books

may not seem like your cup of

tea but with a lot of self discipline
and prayer I am sure the, knowl- °
edge you need you will retrieve
from these materials I would say

the acquisition of these books

should now become priority num-
ber one if you plan to survive this
Great Depron we’ Te about to
walk into. .

Beyond all the books. I can
suggest to you the most impor-
tant thing I can leave you with is
that God is good and he is real
Rather than ask him for wealtt
and riches I would say ask foi

‘three simple things Wisdom
Knowledge and Understanding —

Take ¢are guys and have a won
a and’ ee tomer

TOW.

SASHA DUNN

‘Nassau, ts

October, 2008.
eH





enough to allay fears. :

Itseenis as though the party i
opposition’ s position is that th
Government is not painting |

bleak, enough picture of Th

Bahamas circumstances. They ar

not hearing a message” of “brac_

yourselves”.” :
The Government, as the Oppc.

. sition would be aware, have t:.
‘strike the right tone, one tha’

does not indicate’‘over confidenc
or undermine confidence. So, toc
must.the Opposition. To do oth
erwise is in no one’s best inter
est. I wish to suggest that thi”
Government's economic. team ful

_ ly brief the Opposition on the rel
evant facts and that this matte:
- be moved from the purview 0:

political contentiousness. The

times demand leadership.

- JERRY ROKER
Nassau,
October, 2008.

outh P.O. Box N-7984 ° Nassau, Bahamas

Wie) THE WEEK
















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THE TRIBUNE

THURSDAY, OCTOBER 23, 2008; PAGE 5



dacceccecesenceedbeeesensapereesarsesereseenesaseee eee eees

Three to peceive —
Rotary award
for service to the

GB community



a By KARIN HERIG
ll : Tribune Staff Reporter
Re Peers kherig@tribunemedia.net
Paul Harris Fellowship

‘AT A time. when the Bahamas
is desperate for increased airlift
asia means to boost. dwindling
visitor numbers, a major airline
has announced the launch of two
new direct services from Florida
to New Providence.

As of next year, JetBlue Air-
mour Construction; ways, the New York based low-
Chris Gray, CEO of the =: - cost carrier, will offer new daily
- Container Port, the Har- -: -non-stop service from Orlando

and Lifetime Achieve-
ment Award for their G
years of service and com- /}
mitment to the Grand
Bahama community.

They are: Basil Ney-

mour, presidefit of Ney-

bour Compan ‘and the International Airport to Nassau,
Airport Company; and and twice daily service from Fort
Damaris Th son, i Lauderdale Hollywood to Nas-
assistant director at the «2 sau.

All flights are scheduled to
_ begin on February 1, 2009, pend-
ing the réceipt for government

Ministry of Education.
A dinner will be held
at the Westin at Our

Lucaya Resort on ; Operating authority.
December 6. i... The announcement of new
UR ss P low-cost direct flights from Flori-
e da to the Bahamas comes at a

Dinner time when the Ministry of »
“Tourism, as part of its new mas-
Rotarian Donald Ward : — ter plan, is attempting to make
said a commemorative | i , travel from and. to the Bahamas
booklet will be published §: ss convenient and cheap as pos-
'} sible

in honour of the three
recipients.
“We acknowledge the

successes and contribu- | : numerous airlines raised their
tions of these great lead- :

4 ticket prices, reduced frequency
ers and therefore take of their flights to the Bahamas, or
this opportunity to invite.

; thige 2 “suspended service to the coun-
persons oO join us in this i try altogether.

eis ? ‘JetBlue’s decision to operate
: - more flights to the Bahamas
comes after a ‘period in which





















unique celebration hon-.. } "Ina press “statement yesterday,
oring them with our dis- {Fred Lounsberry; CEO of the
tinguished Paul Harris} - Nassau Paradise Island Promo-
Fellowship and Lifetime 4 tion Board, said: “Our close
Achievement. Awards,’ -E proximity to the US is just one of

he said.
‘ “make the islands of the Bahamas

hes JetBlue! $ new non-stop jet ser-
"Vice: to’ Nassau, Paradise Island,

- from both Orlando and Fort
~ Lauderdale will now make trav-
» el to the white sand:beaches,

27 FOR 3 IN 1 LAWN SERVICE
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Pest Control
Maier Mee M UE Cbs)
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si

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‘Minister aims
to calm fears
‘over housing

the many advantages which .

- apreferred vacation destination...

pensive
adversely affect property val-

crystal clear water and world
famous resorts of our islands,
even more convenient and
affordable.”

JetBlue’s director of route
planning Scott Laurence said the
airline’s customers have
been asking for a high quality
service from Florida to the
Bahamas.

“JetBlue will continue to raise
standards to a higher level with
our friendly, award-winning ser-

Kenneth Russell

development

MINISTER ‘of Housing
Kenneth Russell has visited
Abaco to calm residents’ fears
over a new housing develop-
ment at Spring City.

Home-owners: protested.

when work began on a 35-unit
low-cost housing development
in the community, which lies
souk of Marsh Harbour.
Residents feared the inex-
homes would

ues in the area.
An island source said: “The

. Minister went to Spring City to

allay. their fears. People

thought the houses were too”

small and cheap and that
prices would be affected.”

vice, free and untimited saints
and refreshments, cozy leather

seats with lots of leg room ahd .

abundant personal entertainment
choices — all included in the price

Nassau is JetBlue’s first inter- .
national destination from its.
focus city of Fort Lauderdale.
Orlando, which became Jet-
Blue's seventh focus city earlier

of a JetBlue fare,” he said.

this year, welcomes Nassau as its.

- Airline announces two new
services from Florida to Nassau

fourth international destination.
The twice daily flights from

-. Fort Lauderdale to Nassau will

depart at 9.58am and 5.15pm,
and from Nassau at 2. 10pm and
7. ie








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PAGE 6, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE








PLP MP for Fox Hill
Fred Mitchell said he takes

one of his colleagues.
He said the “leaks” are

Mr Mitchell’s comments
came in response to a front

Mitchell speaks out over ‘leaking
of information’ about investigation



MP claims ‘leaks’ are designed to ‘smear’ the name and image of his party



Mr Mitchell said: “A pri-
vate citizen goes and co-

kind of conduct.”
Mr Mitchell drew a com-



































operates with the police.
He doesn’t, or she doesn’t,
expect for that to end up
in the newspaper. And this

parison with the presiden-
tial elections in the Unit-
ed States, and the use by
some of Senator John
is just a source for serious McCain’s supporteérs:of a
concern. And when you — scandal concerning the vot-
track what has happened er registration. group
over the past four or five ACORN to attack Senator
weeks, its a pattern of this . Barack Obama.

He said these attacks
were launched before the
Justice Department had -
even made their announce-
ment that ACORN was.
being investigated. ~

Days later, the Obama
campaign would call on the
US Attorney General to
investigate ifthe Bush
administration was
involved in tactics by the
McCain camp to smear the
Illinois senator.

This, Mr Mitchell said, is
similar to what could be
happening here in the case
of the sitting MP, and as
such could sully any ques-
tion of “impartiality” with
regards to the police’s
investigation.

Mr Mitchell was asked
how the PLP could shake
the negative image that it
has attracted through ‘the:
actions of some “wayward”
members.

“JT think the leader of the.
PLP has addressed this

issue... we stand for.the
utmost integrity in public
Hiferek: (,

“And individuals fall into
error,.or their faux pas are
connected to individuals

- and they have to bare the

"responsibility for it. As a
matter, of discipline, the
party obviously has to deal

‘with any situation Which .
arises, “he eae

page article published The
Tribune which outlined —
relying on a number of
sources — that a sitting PLP
MP had been questioned
by police in connection
with a construction scam
involving tens of millions
of dollars.

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THE TRIBUNE

Two men and boy, 17,
accused of drug
Oey OKO UCI

TWO men and a 17-year-old boy were arraigned in
Magistrate’s Court yesterday on drug possession charges.

According to court dockets, it is alleged that Travis
Evans, 19, of Windsor Place off Soldier Road; Tryco Saun-
ders, 31; and a 17-year-old boy of Nassau Village were
found in possession of a quantity of marijuana with intent
to supply on Tuesday, October 21. J

The accused were arraigned before Magistrate Carolita

Bethel at Court 8, Bank Lane. According to Inspector —

Ercell Dorsette, the accused were found i in possession of 1.7
ounces of marijuana.
The juvenile pleaded guilty to the drug charge while
Saunders and Evans pleaded not guilty.
Evans has also been charged with a Separate count of
possession of marijuana with intent to supply.
It is alleged that on October 21, Evans was found in

possession of a quantity of marijuana with intent to supply

to another. |

Evans pleaded not guilty to the charge: ‘According to the
prosecution, Evans was found in possession of a quarter
pound of marijuana.

The case has been adjourned to Friday when Magis-
trate Bethel is expected to hear the facts in relation to the
juvenile and give consideration to bail for the other two
defendants.



394-6254\5



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

FREEPORT - Representa-
tives from the Caribbean region
convened at the Westin Our
Lucaya Resort on Tuesday to
address important environmen-
tal issues during the second

meeting of the Caribbean Con-

stituency of the Global Envi-
ronment Facility.

Speaking at the event, Sena-
tor Kay Smith commended the
representatives from the vari-
ous Caribbean countries in the
region on their efforts to keep

environmental matters a prior-_
_ ity. “I am told that GEF sup-

ports just under 2,000 projects
that produce global environ-
ment benefits in 160 develop-
ing countries,” she said.

“This year’s meeting is indeed
timely as nations of the world
work to determine mechanisms

‘ by which pressing environmen-
tal matters can be adequately _

addressed,” she said.:

Mrs Smith said that the
recent appointment of a Minis-
ter of Environment in the
Bahamas demonstrates the gov-

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ernment’s commitment to envi-
ronmental matters in the coun-
try and to international envi-
ronmental conventions and
treaties they have signed on to.

Senator Smith, who is also
parliamentary secretary in the

‘prime minister’s office in

Freeport, said that environ-
mental sustainability continues

to be of “utmost” importance

in the Bahamas.

“The government’s objective
is to protect and conserve the
environment, regulate the use
of the country’s resources, and
its’ physical landscape to
improve the quality: of life of
citizens and’reduce the damag-
ing footprints of anti-environ-
mental behaviour,” she said.

of an orange). Inflammatory breas cancer may be pune TB, Stage INC, or Stage IV.







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Breast Cancer Survivor for 7 years



You can survive ; breast cancer. Barly detection through regular breast self-exams and a regular program of
mammogram and physical exams are crucial steps that every woman should employ.

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The Tribune observes Breast Cancer Awareness Miolaiea 2008



*

THURSDAY, OCTOBER 23, 2008, PAGE 7

Environment issues come under

spotlight at Caribbean meeting



“This year’s meeting is indeed timely
as nations of the world work to

determine mechanisms by which
pressing environmental matters can be
adequately addressed. 2



She pointed out that coun-
tries around the world are now

faced with challenges posed by

climate changes. -

Senator Smith said the GEF
‘projects in climate changes help
developing countries and
economies in transition to con-
tribute to the overall objective
of the United Nations Frame-

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work Convention on Climate:
Change. She hoped that the
two-day workshop in Freeport
will be successful. “I trust that
your discussions are fruitful and
we encourage you: to continue
to focus on the environment,
which is of paramount impor-
tance to the world,” said Mrs
Smith.


PAGE 8, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE



THE BAHAMAS HOME AND BUILDERS SHOW

sites

LIFETIME Achievement

Award recipient Jackson
Burnside III. Mr Burnside
will be honoured during this}
year’s Bahamas Home and
Builders Show.

A well established Company seeks an Accounts Clerk

with the ability to, but not limited to the Jollowing
duties:

Maintain Payables Syscn

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 Aadits :
° Assist in other duties falling within the

Accounts departiient where necessary

Candidates must possess the following skills:

All Applications must be submitted iby October 31 st

wstacutes Degree i in Accounting
Experience in Reconciliations

. Experience in Accounts Payables would be

an asset

- Excellent organizational and f roblem solving a

skills. 3 2
Proficient in Microsoft Office Products.
particularly Excel.

Must be a team player an posses people skills

2008.
















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of their
daughter

Jackson Burnside III to be
honoured for contribution to
home and building industry

-THE Bahamas Home and
Builders Show will honour
Jackson Burnside III, archi-
tect; artist, lecturer and cul-

_tural advocate, at this year's
event.

The award presentation will
take place during the opening
.ceremony on Friday, October
24, in the Wyndham Crystal
Palace ballroom.

Organisers of the Siow:

Special Events Bahamas Lim-
ited (SEBL) decided last year
to start honouring persons

lames Albury

son a Ve Fredrick Albury and

Ms. Helen Albury.
Wedding plans are scheduled for

January 31, 2009. Both of their

families are extremely happy for the i

vo of them, and wish them nothing



‘ but love and happiness as |
they start the next chapter ‘
* of their lives tegen .



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Artist, architect and lecturer to
receive award on October 24

who have made a significant
contribution to the local home
and building industry.

SEBL president Nikita Cur-
tis said, “This year we choose

to honour Mr Burnside for his’

legendary contributions to the
Bahamas over the past

decades. Mr Burnside is a phe-,

nomenal artist and. architect
who has helped to shape the
landscape of this county. We
are pleased to recognise him
as our honoree.”

Carl G Treco of CGT Con-
tractors and Developers Lim-
ited was the first recipient of

the Bahamas. Home and

Builders Lifetime Achieve-
ment Award.

Owner and president of
Jackson Burnside Limited and
Doongalik Studios, Mr Burn-
side has studied:and practiced
in the Bahamas and abroad

for many years and is a

sought-after lecturer, who
often tells his project teams

and ‘architecture students to ©
-examine their own architec-

tural heritage for its “common

_ sense”

He also shares with thent
his belief in the importance of

‘understanding appropriate-

ness of material, climate con-
ditions, natural light, structure,
client requirements and devel-
oping a design that neither
overwhelms nor insults its sur-
roundings, but seems instead .
to rise naturally from them.
He has worked with the

world renowned Architect -

Louis I Kahn in the United |
States and with ARUP:Asso-
ciates — a-division of the

‘ world-acclaimed OVE ARUP

Partnership — on industrial
and institutional projects in
Bangladesh, Iran, Israel, Eng-

land and the Bahamas. ~~ _
He was the first Bahamian ©

senior architect for the
Bahamas Ministry of Works
and has been a partner in suc-
cessful architectural firms in
the Bahamas.

Mr Burnside is a visiting lec-

turer at the Caribbean School
of Architecture, University of
Technology Kingston,
Jamaica.

He also served’as external

‘examiner at the Caribbean |

393-7111





School of Aachen re:
Kingston, Jamaica.

Mr Burnside is also an artist
and cultural advocate and has
been the recipient of numer-
ous awards and honours,
including the Arthur Spayd
Brooke Medal for Excellence
in Architectural Design (Uni-
versity of Pennsylvania), and
the Bahamas Chamber of
‘Commerce Distinguished Cit-
izen Award for the Creative
and Performing Arts.

He is also the chairman
emeritus and a designer of the

‘One Family Junkanoo and

Community Organisation

‘Group‘and host of the popular |

live interactive Radio Show
“Junkanoo Talks.”

He is a graduate of Lincoln
University and studied, fine
arts and architecture at the |
University of Pennsylvania
where he received two Mas-

ter of Architecture degrees.



“This year we
choose to |
honour Mr >
Burnside for
his legendary
contributions
to the
‘Bahamas over
the past
decades...”

-» Nikita Guitis

He is registered in the Unit-
ed Kingdom and The
Bahamas and is a member of
the Institute of Bahamian’ .
Architects and the Royal
Institute of British Architects.

: The Annual Home and
‘Builders Trade Show and
Exhibition has evolved into a
highly anticipated event which:



‘is frequented by persons -

directly and indirectly
involved in the construction
building and home industry.
Home owners, potential home
owners, business owners, con-
tractors, sub-contactors and
persons seeking to spruce up
their home and businesses.

“with more energy saving

devices, are invited to attend
this year's show which will
take place this weekend from
October 25 to October 26 at ©
the Wyndham Cable Beach
Resort.

This year's show has adopt-
ed a "Green Theme” and
attendees will be able to get a
first-hand look as companies
launch the latest environmen-
tally friendly and cost efficient
products. Major sponsors this
year include Arawak Homes
and Colina Imperial Insur-
ance. More than 90 exhibitors
have confirmed their partici-
pation and several leading
industry professionals will dis-
simulate valuable information —
during the workshop sessions.

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.
Pith timo

Bh ek Re i a - “ys.



GOVERNMENT HAS BEEN URGED TO ADDRESS A PRESSING PROBLEM IN SOUTH ELEUTHERA®

Wild horses are |
~ trampling our

crops -

@ BY ALEX MISSICK

FARMERS in south
Eleuthera are‘calling on the
govérnmen: to take immediate

action to sove the problem of a

herd of wid-horses which is
damaging their crops.

The farners said they have
been pleadng with government
officials fo’ years to address the
problem aid.are now prepared
to “take natters into their own
hands.”

Local Farmer Eugene Carey
told The Tribune that almost
every higit the horses trample
his crops At one point, they
even beame a nuisance in the
airport aea, he said.

“Something has to be done.
What we find is that over the
years when we talk, nothing
happas,” Mr Carey said.

- MrCarey explained that the
-Bahimas Humane Society
éame to the island a few days

agoiand saw the damage done

to nost of his crops.
Executive director of the

~Baaamas Humane Society .
Stephen Turnquest said the
BHS travelled to south

-Ekuthera conduct an investi-
gation into the matter and

turned up some interesting

facts. “I spoke with some of the

farmers and their'concerns are

that some of the horses are

walking through their farms

causing damage and they are

not getting compensation for
_ their damaged crops,” he said.

Mr Turnquest explained that —

these horses were a part of the
Wood Prince Estate in
Eleuthera. The estate was
closed several years ago and a

caretaker was left to look after |

the property, including the hors-
es and a few cows that were left
behind. The animals, he said,

have now been Tunning vald for :



- years. =»
=», Director: of Agriculture Sime-

farmers

on Pinder explained that his
ministry got involved with the
horses about five years ago
when they became a nuisance
to the south Eleuthera airport.

“Farmers were complaining

" that they were losing significant °

amounts of crops. The numbers
of the horses had grown from
what I understand to be about
15 horses, maybe more. We are
also. aware that there are three

’ stallions which indicates three

distinct groups of horses,” Mr
Pinder said.

He explained that the gov-

ernment, under the Wild Ani-
mals and Protections Act, must
take responsibility for the ani-
mals because they are roaming
the island and considered wild.

“Currently this act makes fer-.

al animals the responsibility of
the government. The welfare of
those animals are almost as if
they are truly wild. and have

remained wild for most of their .

lives,” Mr Pinder said.
_ President of the Bahamas

- Humane Society, Kim Aranha,

noted that the farmers on that
_island do have rights and they
need to be considered. .-

“We.want to see a happy and °

safe solution. We would like to
be of assistance in helping the
right decision be made and a
safe decision. Even though we
are pro animal rights, we have
to remember that these farm-

- ers have rights as well,” she said.

Mrs Aranha explained that
the catching of wild horses is a
very delicate job requiring spe-
cial skills. “We do not want per-
sons who. do not know anything

about capturing horses trying °

to do, so. Our goal is to help

people find a:solution, and to:

make sure that the solution is
implemented in a safe and
humane manner,” Mrs Aranha
explained.

Minister. of Agriculture and
‘Marine Resources Larry

FALL BREAK —
Dey Sere

2008

- FALL BREAK DAY CAMP 2008



WE’VE HERD RCE Te AG fed up enw nee icon melt Melee

Cartwright said his ministry is

trying to identify an area in
southern Eleuthera where they
can keep the horses segregated
from the public but also make
sure they are safe and well tak-
en care of.

“There are two areas right

‘

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now we are looking at in, south —

Eleuthera, privately owned, and
I am waiting for a proposal on
that matter. We are seeking to

“ensure they are taken:care of
_ because. we are aware of it and
*we are concerned about these:

animals,” Mr Cartwright said.

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PAGE 10, THURSDAY, OCTOBER 23, 2008






CLOCKWISE FROM TOP: “JAGGED Little Pill” chart topper Alanis Morissette is the latest world-class
artist to grace the Atlantis stage with her October 18 performance;

FLASHBACK to the 80s, as cultural icons Duran Duran took over the Atlantis Live stage in May;
POP Star Fergie performed before a sold-out crowd in April, 2008.

Port Department,
Min. of Tourism & Min. of Health

Event Ene

Saturday |
25th October, 2008

Port Health Fun, Run and Walk @ 6am
& The Sovereign of the Seas Crew Fun Run @

Both Runs Departing from the Port.

Participants; All Port Workers/Users and General Public

For Entry Forms and: More Information preaae Gall AIW Keyjanna
Walkaine on Tel. 325-1725/26 ~

Port Fiesta & Live Entertainment:
Braider’s Square at 2pm -1 Opm

DJ Music’
_ Artisans with produets on display _
; Restaurants from Bay occupy Soothe

2pm -10pm_

oe Clown, Face Paintings Sketching,

2pm - 5pm
ee balloon, ete

John “Chippie” Chipman

3pm - 4:30pm
: Count Petiading R others

5:00pm - 5:30pm . - Fashion Show “Styles of New York”.

6:00 pm i Dance Group: National School of Dance.

Royal Bahamas Defence Force Band:

Free Admission —

- Port. Week. Sponcare: Forsythes_ Cammunidation: Fresh Carpet Cleanin Comany, :
Dolphin Encounters, BlackBeard's Cay, Bahamas Association of Shore Excursionists {BASE), Ardastra
Gardens & Zoo, Red Hot, Nyard Cay, Kerzner International, Nassau Harbour Pilot, Jacoby nto he
Scotia Bank, Bahamas Maritime Connexion, John Bull Ltd., RH Curry, G&G Fire Protection, Al
Development, Bahamas. Telecommunications, Breezes Superclub, British Colonial Hilton, Discovery
‘Cruises, Sunshine Cruises, Graycliff Restaurant, High Seas Bahamas, Imperial Majesty, Luciano's of

: Chicago Senior Frogs, Stuart's Cove; Disney Cruise Lines, Florida Caribbean Cruise Line Association



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ATLANTIS will close out
the first season of its Live
Concert Series with a perfor-
mance by the teen boy band
sensation, the Jonas Brothers,

‘on December 13.

Since its start almost a year
ago, the Atlantis Live Series
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Among the A-list artists
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. lead singer for Matchbox: 20,.

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more intimate concerts where



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Tel: 394-0323/5
OR 394-1377




























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_THE TRIBUNE

4
4

cess:

the ariists can better interact

with the audience. For much .

larger-ciowds and bigger stage
performances, there is the
choice cf either the Grand
Ballroom which can hold up
to 1400 people, or the Imper-
ial Ballrotm which fits 3000

“guests confortably.
Michele'Wiltshire, senior -

vice-presilent of Special
Events, saidthese events usu-

-ally sold ouiand the concert

series was a dig hit with both
locals and hoel guests.

“Where elst can you go and
get access to world class enter-
tainers like these in a close
personal envitcnment,”. she
said.

Acts like Fergie or the Jonas
Brothers usually perform in
stadiums where the seating
capacity is usually 20,000. At
Atlantis, the figure i is closer

to just 2, 000.

“The concert eries is a
vehicle to furthe: position
Atlantis as an entertainment
brand. Not only do\we have
the best casino, fines: restau-
rants, outstanding water fea-
tures, top night spot (Aura
Nightclub) and quality rooms,
but also we seek to give our
guests access to world-class
entertainers unlike any other
destination in the world?’ Ms
Wiltshire said.

“We give our best casino
customers further access to
great performers. We use the

concert as a tool to invite

them to come and play.”

The concert is also a preat
marketing tool, allowing the
resort to target past guests and
drive business in periods when
greater occupancy is needed.

With a successful first sea-
son almost finished, event
organisers already have sev-
eral top performers lined-up
for when the concert series
resumes in the first quarter of
2009.

Ms Wiltshire said that peo-
ple can expect a varied roster
that will appeal to just about
every taste.

“To make sure our local and
international guests come
back for more, we’re leaving |
them with our best concert
yet,” said Ms Wiltshire refer-
ring to the upcoming perfor-

mance oj the hit teen pop °

band the Jonas Brothers. They
are expetted to perform
before a crowd of 3,000 peo-
ple.







THE TRIBUNE

THURSDAY, OCTOBER 23, 2008, PAGE 11 |



Ph Loca News Se
Water supply improved in the
eastern part of New Providence

THE water supply in the
eastern part of New Provi-
dence has been improved, the
government announced yes-
terday.

The Water ahd Sewerage .

Corporation released a state-
ment saying it has undertaken
a “very aggressive” mains
renewal programme resulting
in better service on the East-
ern Road, Fox Hill and the
surrounding areas.

Mains renewal works are
still outstanding in several
areas of New Providence, the
corporation said — particularly
the southeastern and south-
western portions of the island.

Complaints: of rusty water
have been received from sev-
eral areas of New Providence,

including but not limited to: .

Sea Breeze Drive and Beat-
tice Drive, Imperial Park,
Pinewood Gardens, Soldier
Road and Coral Harbour, the
corporation also noted.

As an interim measure, the :

corporation said it undertook
to implement regular flushing
exercises at strategic locations.

“Due to the Titus vessel :

going on dry dock, the corpo-
_Tation’s supplies are severely

The Tribune wants to hear
from people who are
‘making newsintheir
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area.orhave wonan
award.

If so; S 01322-1986
and: share your story.

[eee



‘Very aggressive’ mains renewal
programme boosts service



limited and this will impact
our ability to flush our water
mains as per our usual sched-
ule,” the statement said.

The Titus usually barges
water to New Providence
from Andros on a daily basis.

The ‘statement said: “The
corporation will make every
effort to’ ensure a.safe and
adequate water supply for its

customers, and apologises for —
‘the delays that may occur in

our usual flushing pro-
gramme.”

The corporation went on to
note that it has been mandat-
ed by the government to-pro-

‘vide standpipe services in

Ste

Pictured from left: Renae walking, manager, personal financial services,
RBC Carmichael Road Branch; Annalee King, grand prize winner and -
Brenda Thompson; manager, client care, RBC Carmichael Road Branch

selected areas of New Provi-
dence and several Family
Islands.

“This ensures that each res-
ident of the Bahamas has full
access to a safe and reliable
source of water to prevent
incidents of water borne dis-
eases and those caused by
poor hygiene due to the lack
of water, thus safeguarding the
health of all citizens.

“Again, the corporation
appreciates and thanks you
for your patience during this
dry docking period and apol-
ogises for any inconvenience
you may experience,” the

statement said.





,

Tia aoksa ml at






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rele er OF its yepresentatlve, 5







PAGE 12, THURSDAY, CTOBER 23, 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. ;

Colinaimperiat Insurance Ltd. will ied as mortgagee
under power of sale contained in a Mortgage dated
28th day of Sep’ *,A.D., 2004.

ALLTHAT 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,

SSSA SN ‘ WN Ma t AEA

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 f
sq. ft. The subject property is a four
bedroom, two bathroom single ead
dwelling.

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

| SSS HORNE ‘ SNNANWWNWw:.”. a gg CCCOO—_—_ Mn 000"

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

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.

ORS RRR SSS

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.

‘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
to 417. °

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).

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.

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,

P O BOX N-3734, NASSAU BAHAMAS

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


THE TRIBUNE



Cabbie found dead in taxi on Monday is identified

FREEPORT - The cab driver found dead in his.

taxicab on Monday has:been identified as 53-year-
old Robert Alexander Hall of East Beach Drive,
Freeport.

Hall was found slumped over the wheel of his
Chevy Astro Van around 7.39pm on Watkins Lane.

Foul play has been ruled out by police, who have
classified the incident as a sudden death.

Hall reportedly suffered from hypertension and

~ was taking medication for his illness. Just before

- his death, he was involved in a heated argument
‘with another man.

Grand Bahama police are searching for a driver

-. who struck a motorcyclist on Tuesday in a hit-and-_

run incident. Chief Supt Basil Rahming said the
incident occurred at around 1.40pm when Zhivargo
Stubbs, 27, of Clarke Avenue, was riding his red
and white Honda 650 XL motorcycle north along
Nelson Road in Poinciana Gardens.

According to police reports, upon reaching the
stop sign at the intersection with Ponce-de-Leon
Drive, Stubbs came to a stop.

A black 1999 Chevy Lumina, which was also tray-
elling north along Nelson Road, came up behind
him and crashed into the motorcycle, knocking the
rider onto the tarmac. Mr Rahming said the driver of
the car sped away from the scene. Stubbs was taken
to hospital and is in stable condition. '

THURSDAY,-OCTOBER 23, 2008, PAGE 13























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The management of Diamonds International is delighted to welcome to its staff Mr. Adi Kaniel as General Manager. Mr.
_ Kaniel along with Ms. Liz Daly has been employed at Diamonds International for many: years in management and has
worked in St. Martin, Belize and Alaska before joining Diamonds International Bahamas in December 2007.

Mr. Kaniel has a vision of growth and expansion of business for Diamonds International Bahamas. Since coming to the.

_ Bahamas, Mr. Kaniel has implemented programs for the advancement of careers for employees in the, Diamond and Watch
industry by ensuring several employees receive training in Switzerland and Las Vegas. As a result of his efforts in the last
few months, employees have won the opportunity to travel to Tanzania, Africa in October 2008.

Mr. Kaniel is determined to carry out the company’s mantra of providing committed and unparalleled service to our
customers while assisting our employees in meeting their goals. Adi is grateful to be in the Bahamas’ and will continue to
extend his support to the community, as Diamonds International has in the past years.

Under the management of Mr. Kaniel, Diamonds International has expanded its’ employment base to more than 100
employees and he has plans for expansion of the company in Nassau and the Family Islands. Currently Diamonds
International has four stores on Bay St. and one ‘Boutique’ Store at Sandals Royal Bahamian Resort. °











THE TRIBUNE.

PAGE 14, THURSDAY, OCTOBER, 23, 2008

Hard work pays off for
students at CV Bethel









Major/Tribune staff






































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@ By ALEX MISSICK

STUDENTS of the CV Bethel
Senior High School were awarded
for their hard work.on Wednes-
day during an academic recogni-
tion service to for their achieve-
ments throughout the school year
and their performance in the

to press on towards their goals and
reminded them that they are cele-
brating excellence as excellence

always begins with commitment:

“Commitment causes you to go

the extra mile. For those who are

better, it is because they are all
committed to what they do,” she
said.

Mrs Pratt reminded the students
that what matters.is not where they
came from or what they wear, but

where they decide to end up.

“It is what is within you that

causes you to keep on pressing for- .

‘ward. Never mind who says you

are not going to make it.” i
_ Principal of CV Bethel Senior

High Elise Beneby, said the event
is a typical example of how:CV
Bethel has persevered.

“Ass a young school, sometimes
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our students,” Mrs Beneby said.

Ricara Skippings, an aspiring
accountant and 16-year-old senior
at the school, said she was amazed
that she could push herself to pass
six BGCSE examinations with four
As and two Bs.

“At first I did not think I could
do so many, but with the support

said.

Tevin Williams, another 16-
year-old student, said he was
shocked at his grades. He attained
two Bs and one A. |

“The teachers are a great help
because they go the extra mile for

us. They stay behind after school,’

or come early in the mornings or
even take time out of their lunch

‘oO

= BGCSE examinations. of the staff here at the school and
2 Guest speaker for the event, for- my family and friends, I had fun
w mer deputy prime minister and - doing it and I think that is what
2 MP for St Cecilia Cynthia ““Moth- made the difference. I enjoyed .
= er” Pratt, encouraged the students pushing my self to that limit,” she /



PRINCIPAL OF CV Bethel Senior High Elise Beneby, Rigata Skippings and MP
for St Cecilia Cynthia Pratt

breaks to talk to us. They make — students who made the honour roll
sure that you know everything you and principal’s list n the 10th and
need to know for the exams,’ ’ Mr _ 11th grades. ; 5
Williams said. . Pigg

The school honoured 10 grade | eS ‘
12 students who took the BGC- © See tomorrow’s Tribune for
SEs a year early and numerous © more on this event

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THE TRIBUNE



Florida election officials
dealing with long lines

@ MIAMI



ELECTIONS supervisors are adding new equipment, updat-
ing Web sites with wait times and handing out fans and water to

. people standing in long early voting lines, according to Associ-

ated Press.
Lines were so long in Broward County on Monday that the last

‘person cast their ballot at 10:20 p.m., hours after the polls closed.

Florida Congressman Kendrick Meek protested what he called
“excessive waits” at polling stations and said he was considering
filing a lawsuit to have additional voting machines installed.
In the first two days of early voting, the Secretary of State’s
office reports that 150,766 people cast ballots in Florida.

BALDWIN’



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Hotel Chief Engineer ;
i) pmagement Employment Opportunity

POSITION AVAILABLE
HOTEL CHIEF ENGINEER

A leading hotel invites qualified persons in the above mentioned field to
apply for the position of Engineer Manager.

‘The successful candidate must possess the following:

e Aminimum of 5 years experience as a Supervisor i in the Engineering
Department
'e Must be proficient in Preventative Maintenance Programs
* Must possess a proven record of Team Leadership skills, and able to
work with little or no supervision
* Must possess strong interpersonal, Comm mUnIcaHOn, problem solving
and customer service skills _
° Must possess knowledge of Electrical &. Mechanical Systems i.e.
. HVAC, Plumbing & Heating ;
¢ Must possess basic Administrative skills with some knowledge of
Microsoft Excel
¢ Must be able to work long and flexible hours

Applicants with supporting documents also including a clean Pole
Certific. 2 should be sent to the address below.

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 |

Goer
Bahamian Company Seeking

Sales and Marketing Manager

Responsibilities include:

* Sales, marketing, forecasting and inventory
management processes and associated
budgets. -

¢ Manage sales team.

¢ Grow market share and increase sales.

° Develop and execute business, sales and.
marketing plans.

-© Execute and coordinate promotions.

Qualifications:
° Vnimum 3 years experience.
¢ Excellent written, verbal skills.
* Attention to detail.
* Strong organizational and analytical skills.
° Self sufficient, proactive.
* Proficient in Microsoft office:
° Sirong team player.
* Helpful to have a Bachelors degree in
~ Business, Finance, Veen:

Excellent Salary and Benefits
Send resumes to:
P.O. Box N-322 Nassau, Bahamas







LOCAL NEWS

Monthly opportunity for young

THURSDAY, OCTOBER 23, 2008, PAGE 15







artists to express themselves

@ By LISA LAWLOR
EXPRESS Yourself, which

works to create a network of

the country's young artists, has
made a new step in the world
of entertainment — adding a
monthly concert to their week-
ly popular open mic nights.
On the last Saturday of each
month, creator Nadine
Thomas-Brown will select the
five or six best acts — whether

_ they be singing, delivering the

spoken word or playing an
instrument — to be featured in
a concert held at Hammer-
heads Bar and Grill.

The Express Yourself con-
cert debut will be Saturday 25

' October beginning at 9:55pm.

Concerts to feature
‘five or six best acts’

"I'm creating this venue for
young people," Nadine said,
"because they need some-
where to go besides the
streets."

In the Bahamas, she pointed
out, people tend to focus on

rake n’ scrape, the oldest form -

of music that:connects all
Caribbean countries: "And as
much as ]- love that old

_Bahamian sound, I know there

are some people that don't

connect with that in the -

younger generation," she said.

The Express Yourself open

mic nights are every Wednes-
day at The Hub on East Bay

- Street, and are an opportunity

for all young people to come
out and "do you", she empha-
sised. “There is a built in audi-
ence, no one is managing you,
no one is selling you, and most
importantly no one is censor-
ing what you say.”

The artists performing in the
first concert will be: Cyech

: Fox, ReBirth, 21, Chief Con-

nection, Renee Caesar and
Javan from Da Spot. Singers
who require. a live band wil!

be supplied with one.

Nadine said her biggest
inspiration is her mother, who
used to tell her: "If there's
nothing going on, make it hap-
pen.’

She said her life is commit-
ted to the development of
young Bahamians, and she

‘

also runs the ZNS hit "Roots.

and Culture" which explores
the Bahamian art scene. i

This year eight episodes
were filmed beginning in
May, and the show was the
launching pad for many, young
artists.

Enter to win a $1500 holiday shopping spree @ John Bull!


PAGE 16, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE



American hostage near Kabul

i By JASON STRAZIUSO
KABUL, Afghanistan;

U.S. Special Forces soldiers
conducting a daring nighttime
operation freed a kidnapped
. American working for the Army

Corps of Engineers — the first

known hostage fescue by Ameri-

can forces in Afghanistan, accord-
_ing to the Associated Press.

The American, who was
abducted in mid-August, had
been held in a growing insurgent
stronghold 30 miles west of Kab-
ul, U.S. military officials told The
Associated Press. They said sey-

eral insurgents were killed in last.

week's mission to free him.
Taliban militants have kid-

mapped dozens of international .

_ aid workers, journalists and other

foreigners in recent years and
have demanded large ransoms or
the release of imprisoned Taliban
fighters. for their freedom.
Increasingly aggressive crime syn-
dicates have also raked in big
money by kidnapping wealthy
Afghans and foreigners and
demanding ransoms.

Hostage rescues are rarely:
~ attempted and are difficult to pull
off successfully. Only two such
missions are known to have

occurred, both in 2007. In one, .

both Italian captives were wound-
ed in a raid by Ttalian comman-
dos.

Last.week's rescue came to the
attention of the AP after a U.S.
military official sought to bring
its successful outcome into the

public eye. Officials declined to —
reveal even the smallest detail or -

- the captive's identity, saying they

‘didnot want to compromise mil- -

- ttary tactics or the man's safety.
Three U.S. military officials

told the AP that Special Forces

troops were able to locate the kid-

nappet's hideaway. in the Nirkh

' district of Wardak province out-
side Kabul, but would not specify
how. They spoke on condition of
anonymity because they were not
authorized to release the infor-
mation.

In the case of the wescued
American, who had lived in
Afghanistan for several years, it
was not known whether any ran-
som demands were made. But a

spokesman for the Army Corps’

of Engineers in Afghanistan said
growing insecurity imperils its

INTERNATIONAL NEWS

US Special Forces rescue



AU.S. SOLDIER walks as the Afghan National Army (ANA) soldiers are seen on the back Grail dura a aration ceremony at a military training
center in Kabul, Afghanistan, on Saturday, Oct. 18, 2008, The U.S. military. has spent billions of dollars training and equipping the Afghan National Army.
International donors recently approved expanding the au from around 80,000 soldiers to 134,000 soldiers in the hopes that the force can one day

provide plghanistal s own security.

work to rebuild the country. :
"This guy didn't have any mon-
ey at all. It was like a personal
life mission for him to help oth-
ers," said Bruce J. Huffman, a

‘spokesman for the Army Corps .

of Engineers in Afghanistan.
"We all felt sick about it,
because he was never going to be
able to pay a ransom.
“He's over here helping peo-

ple and they're trying to makea .
_ buck off him."

News of the rescue comes on
the heels of the targeted killing
Monday of a British-South
African aid worker by Taliban
gunmen who accused her of

_ spreading her Christian faith.

"The hard reality is that more
areas are insecure today than they

were a year ago. There continues

. to be a wave of kidnapping —

even in the last few days," Zal-
may Khalilzad, the Afghan-born
U.S, ambassador to the U.N. told
the U.S.-Afghan Business Match-

making Conference in Washing- -

ton on Tuesday. He said attacks
are up 30 percent this year.
Mohammad Hazra Janan, the

head of the provincial council in |

Wardak, where the American was
kidnapped, said the number of

, abductions are "rising every day."

He said he knows that large rain-

.soms are being paid.

"There's no rule of law. The
government can't prevent these
crimes," he said. ~

"Of course the paying of a ran-
som only encourages that busi-

ness to grow. But one effect on
society is that the businessmen
will flee the country."

The Army Corps of Engineers'
work building roads and ‘projects

that provide clean water and pow- ,

er helps.extend the reach of the

‘Afghan government and stimu-

lates economic growth.

"Security has been a real prob-
lem, and the Corps of Engineers
has been working diligently to
build facilities for the Afghan
National Army and police in
order to foster a secure and stable
environment," Huffman said.

The Corps. takes precautions
to mitigate risk, he said, though
he provided no details.

"No one would want to come
over here and work if they

‘thought something was going to

happen to them," Huffman said.
"All our folks are volunteers.
Everyone has different reasons

‘why they volunteer and come, but

I think most of the people we
have get a lot of joy knowing

they're making a difference and.

helping to build a nation."

Chris Klawitter, a German
entrepreneur working in
Afghanistan, said he knows sev-
eral Afghan businessmen or their
relatives who have been kid-
napped.

“Routes are checked more

carefully now," he said.

"The issue is not the:Taliban
or al-Qaida, it's more criminal
activity which is the main obstacle

" in traveling nowadays."

Britain widens scope for stem cell research

li By DAVID STRINGER |
LONDON

British plans to allow scientists
to use hybrid animal-human
embryos for stem cell research
won final. approval from law-
makers Wednesday in a sweep-
ing overhaul of sensitive science
laws:

The: House of ‘Commons also

clarified laws that allow the Se
medical advances.
Brown says he Deneve: scien-

_ screening of embryos to produce

_ babies with suitable bone mar-

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row or other material for trans- :
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Britain in almost 20 years.
The legislators voted 355 to 129

_ to authorize the proposals after

months of sometimes bitter

debate that has pitted Prime Min-

ister Gordon Brown's govern-

- ment and scientists against reli-.
_ gious leaders, anti-abortion cam-

paigners and others anxious about

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tists seeking to use mixed animal-
human embryos for stem cell
research into diseases such as
Parkinson's will help improve —
and save — millions of lives.

Decisions by Britain's Human
Fertilization and Embryology
Authority, an independent body
which regulates fertility and
embryo research in the U.K., to
allow the practice have previous-
ly been vulnerable to pballenees
in court.

While Britain has been: seen as’

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a world idaderi in stem cell and
cloning research, similar work to
create human embryos from ani-

mal eggs is also being conducted’

in China and the United States.

British lawmakers had already
endorsed individual proposals,
but Wednesday's vote involved
the complete draft bill.

"One in seven couples need .

help with fertility treatment,
350,000 people live with
Alzheimer's, every week there
are five children born and three

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“iaipighantonentontnaeiceanonnanenennns

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young people die from cystic
fibrosis — all.issues that this bill

addresses," Health Minister |

Dawn Primarolo told lawmakers,

- opening a debate on the draft

laws. Britain's government opt-
ed not to allow legislators to use
the debate to consider the coun-

- try's abortion laws — last drafted
in 1990.— frustrating hopes of,

both anti-abortion lawmakers and

those seeking to liberalize cur-

rent regulations.
Ministers said lawmakers need-

~ ed to focus on important revisions

to rules governing stem cell
research and other scientific
advances, rather than examine
the emotive issue of abortion —
which ‘isn't covered by the draft
laws.

Brown is a strong advocate of
stem cell science and has said
Britain owes it to future genera-
tions to support the research.

Want to | know the



AP Photo/Musadeq Sadeq



Atheists plan
ad campaign
on side of

London buses



TRADITION: The London bus,

- which is familiar sight in the UK

capital. :

@ By JILL LAWLESS
LONDON

- London buses have God on

their side — but not for long, if

atheists have their way, accord-
ing to the Associated Press.

The sides of some of London's
red buses will soon carry ads

‘asserting there is "probably no

God," as‘nonbelievers fight what
they say is the preferential treat-
ment given to religion i in British

} society.

Organizers of a campaign to
raise funds for the ads said
Wednesday they received more

than $113,000 in. donations,

almost seven times their target,
in the hours since they launched
the project on a charity Web site.
Supporters include Oxford Uni-
versity biologist Richard

‘Dawkins, who donated $9,000.

‘The money will be used to

place posters on 30 buses carrying —
‘the slogan "There's probably no

God. Now stop worrying and

enjoy your life.",The plan wasto -

run,the ads for four weeks start-
ing in January, but so much mon-
ey has been raised that the project
may be expanded. . .

"A lot of people say trying to
organize atheists is like herding
cats. The last couple ‘of days
shows that is not true," said com-
edy writer Ariane Sherine, who
started the campaign.

While most London buses car-
ry posters for shops or Hollywood
movies, Christian churches and
Muslim groups have bought bus-
side ad space in the past.

Sherine came up with the idea

‘after seeing a series of Christian

posters on London buses. She
said she visited the Web site pro-
moted on one ad and found it
told nonbelievers they would
spend. eternity in torment in hell.

"I thought it would be a really

positive thing to counter that by
‘putting forward a much happier
and more upbeat advert, saying
‘Don't worry, you're not going to
hell,'" said Sherine, 28. _

"Atheists believe this is the
only life we have, and we should
enjoy it."

The British Humanist Aisicie: :
tion, which is administering the .-

fundraising drive, said it had been
so successful thé campaign might

“spread to other cities including

Manchester and Edinburgh.

Most Britons identify them-

selves as Christians, but few
attend church regularly, and pub-

lic figures rarely talk about their:

beliefs.

Former Prime Minister Tony
Blair was rare among politicians
-in speaking openly about his

’ Christian faith.

cret.

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THURSDAY, OCTOBER 23, 2008, PAGE 17



THE TRIBUNE

nn





A 2

“My work at The Tribune is rewarding | ae : | ae ; o

and challenging. [ enjoy contributing |

“to the look of our newspaper while

meeting the needs of our advertisers. 3 ,
hog -. Iam proud to work here. The | !
Tribune is my newspaper.”
ah He _ ESTHERBARRY ~~
Te ees PRODUCTION MANAGER
| | | THE TRIBUNE |





ea Pe Been .






PAGE 18, THURSDAY, OCTOBER 23, 2008

LOCAL NEWS

THE TRIBUNE.



Appeal for govt
assistance to get
wheelchair-bound
girl to school denied

FROM page one

who'need to make hospital

appointments and the like. We

would certainly provide trans-

port for the child,” said Mrs
’ Butler-Turner.

After tabling the single
grandmother of seven’s rejec-
tion letter from the Social.Ser-
vices department, Mr Smith
criticised the institution, saying
government needs to-re-eval-

_ uate the way it is operated. *

He then launched a personal
attack against Mrs Butler-Turn-
er, Suggesting that her ministe-
rial position also be re-evalu-
ated.

He recommended that the
Prime Minister distance him-
self from Mrs Turner, as the
public has lost all confidence
inher ministry.

He suggested that Mrs Turn-
er is more enamored with being —
a minister than performing her
public duties.

" “She has chosen to remain

aloof and far removed from the | °

people,” Mr Smith told: House -
members, —

Mrs Butler-Turner quickly
went on the defensive explain-
ing that the ministry rejected
Mrs Rolle’s plea for assistance -
because she was requesting

vehicle assistance for her
granddaughter too early in the
morning and that until further

notice-nothing could be done. ©
She then attacked Mr

Smith’s credibility by disclos- -}

ing a transaction that he had
promised to carry out for Mrs
-Rolte.

_ She said he took a pay stub
from Mrs Rolle weeks ago,
promising he would try to help .
her acquire a loan for a vehicle,”
but has not: In fact, said Mrs

Turner, Mrs Rolle has:not —

heard from Mr Smith since;

_. despite efforts to contact him.

Mrs Rolle’s plight is that
‘every morning for four years ©
. she has had to push her grand-
daughter in a wheelchair from
Kemp Road to RM Bale and
back.



FROM page one

cence, assuring Mr Christie that Special

Investigation Branch officers were con-

ducting their inquiries based only on
“assumptions”.

At one point the MP told Mr Christie
that the basis of the police’s investigation
isa housing development in which he
and a local developer were involved.

“They think me and (name omitted)
are in cahoots,” the MP said.

When pressed. to explain his involve-

ment in the housing development, the -

‘ MP assured Mr Christie that no money
_ had changed hands.

- In fact, he said he had used his father’s

collateral, along with the developer’s, to

_ buy the property.-

“So we didn’t have to.come up witha
dollar. . Only for legal fees, ” the MP said.
Senior ae foutes: see this latest: pt ‘ob-

lem as'a possible major obstacle in their

bid to win the 2012 election if the party is:

unable to distance itself from it.

“We have to-remind voters that this is
not acceptable and it will not be tolerat-
ed in the party,” said one source.

Mr Christie himself voiced concern
during a recent celebratory breakfast
held in honour of party stalwarts.

‘Reminding members and the press
that the party as an.institution is greater
than any one member, Mr Christie said:
“The PLP is built on foundations that

’ will last longer than the frailties of any-

body.

“During my time as leader of the Cab-
inet I dealt with every issue of every
minister and all persons who served with

me. The record as to how I dealt with it, .
whether to the satisfaction or not of peo- *

ple, is clear. But at all times, ensuring

‘that I was seen to act in pursuance of

the best interest.of this party,” he said:

rr TT PARTY OFFICE

Ever since The Tribune broke the sto-
ry of the MP being quizzed by police for

- his alleged involvement in a multi-million

dollar scam, observers have been await-
ing a response from party MPs.

‘But only the PLP MP for Fox Hill
Fred Mitchell has publicly announced
that he is not the MP being quizzed by
police. ,

The police investigation centres on 20
r ‘s involving tens of millions of dol-

matter involves the alleged

~ @u.vzzlement of funds ffom the Nation-

al Emergency Management Agency
(NEMA), where construction materials
were paid for, but never arrived at their
designated islands.

Another report allegedly involves a
$5 million contract awarded to a well-
known PLP supporter in the construction
field who was also questioned by police.

A multi-million dollar contract award- .

-ANOTHER —
FIRE ADDS TO. |
-ARSONIST FEARS

FROM page one a

down,” Mr Rolle explained. : ;

He has now passed on namés of the suspected arsonists to
and said he believed the incident was the result of arguments he had
been having over recent weeks.

Two neighbouring homes were slightly damnsed by the blaze
while Mr Rolle’s property was razed to the ground. -

Mr Rolle said the police fire department arrived two hou late -
and did not take a statement from him to find out what had hap-

_ pened.

AP in looming scandal
‘in talks with Christie |

ed to another well: known PLP heey

equipment operator is also under inves-
tigation. :

This time, the alleged scam involved a
contract awarded to clear two govern-
ment sub-divisions valued at over $7 mil-
lion. .

Not only was the contract already
‘inflated, the developer in question
allegedly turned around and sold the fill
_ from the land back.to government at $1
million per sub-division — totalling more
than $9 million on this single contract.

The PLP, and especially Mr Christie,
are particularly sensitive to any whiff of |
scandal because of the party’s ill-starred _
administration of 2002-2007.

The party’s collapse at last year ’selec-

_ tion was attributed to a succession of

scandals, all exposed and highlighted in

The Tribune, culminating in the Anna

Nicole Smith affair, ees ealed world- '
wide er, Fo

police

“They came'and helped put the fire out but they did not even ask
me anything to find out how the fire started. They: put the fire out
and left,” Mr Rolle said. :
Everything he owned was destroyed i in the blaze and he would.
like help in getting his home back together.
“I would appreciate any-assistance I can get, whether it be from

Though there were many
exchanges in the House
between Mrs Turner and Mr
Smith yesterday, they were not.
able to offer any solution for.
Mrs Rolle or hei disabled

social serv‘ree or whoever wants to assist because I only need the
dumber. I can rebuild-it myself but Ido need some help to get
back on my feet,” Mr Rolle said. | es 5
“The fife is one of several to ‘Gos ver: he: ‘hill communities in,
“recent: weeks; Black Village has.suffered five fi:esiin six months, all,
‘the result of arson, BCeoramne, to fesidents. Sena





HOVER THE WEEKEND, ‘the ‘Workers Party” office (above) in. Black Village was damaged for ¥ second time,and ©
a phonecard kiosk nearby went up ifr “Smoke: Yesterday, a tire it 1 Milton Street claimed the frome of: 50-year.



‘granddaughter. .



old gel Rolle. Fi



: Now i is the time to get that Ford you have always

dreamed about owning, we have available

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EMAIL: friendlymotors@hotmail.com ¢ WEBSITE: frtendlymotorsbahamas.com



pS ae

SSE a ae

FROM I page one

land sed sea is having a far’

greater affect on his business,

i he said.

"It is bad everywhere, and

this year is the worst for us,"

he said.

Fred Lunn, general -man- -

He said: "9/11 was a quick
peak, people were afraid to
travel, but after that it went
back to normalcy.

“What we are experiencing

now is a slippery slope. We_

may not see the fear that was
there in 2001, but this is a mat-
ter of losing your house, or



tha Allen, said her sales have

-been dropping since June.

"We really rely heavily on
cruise ships because they bring
the bulk of the people down- -

_town, so:we have béen affect-

ed by various things, like
cruise lines taking passengers
to their private islands,"

5s _ your job." . -And although there were
Bae or eee d ae Cruise ship passengers fell _ five boats in Nassau Harbour
Reo ete ee eee by nearly 50,000 this year, with on Tuesday, people were not

economic crisis and Novem-

~ ber 4 US election means péo-*

ple are holding on to their
cash in a different way than

after 9/11.

just 178,189 arriving by ship
in July 2008 compared to
226,927 in 2009.

Manager of Pirates, Saman-

BTC ‘has not
reimbursed pay
deducted from

some employees’

FROM page one

page on August 11 and 12 were reimbursed. However, it was only

after absence records were re-evaluated and the 49 individuals
were found to have been deducted incorrectly.
“That is the extent of the reimbursement. Nothing more. The

suggestion in the article that the decision was reversed and all 514

staff members reimbursed accordingly is totally false. BTC man-
agement stands by its original decision,” he said.

He also noted that BCPOU president Robert Farquharson, only

represents his members, not the entire company.
“It would seem that the press interpreted Mr Farquharson’s
comment on the reimbursement of the 49 staff members to mean

something that is absolutely not the case. Instead, on a matter
like this, I would like to think that the press would have waited to
confirm this story with BTC officials who can clarify the company’s

position on this or any matter,” said Mr Griffin.

necessarily shopping.
Manager of the Beauty

Spot in Bay Street; Jonathan

Brown, said his business used

_ to rely on tourists for a stable

income, but now depends on
Bahamian customers for its

‘bread and butter.

. Also affecting business has |
been an extra three per cent
tax on cosmetics and five per
cent rise on fragrances.

Nassau Tourism and Devel-
opment Board chairman
Charles Klonaris said the eco-
nomic. downturn and slowing
trade is an opportunity for
businesses to improve their
product.

He said: "I expect the
falling number in July was the
beginning of what we are
experiencing now.

"It is an economic problem
across the world, and it means
that competitianis becoming
stronger each day.

"Fighting for the same dol-
lars is becoming more diffi-
cult, and we have to provide a
product which exceeds the
expectations of our visitors.

"Until we revitalize the city
and it becomes a great ren-
dezvous that everyone wants
to go to, to enjoy.themselves,
it is going to be a hard sell."
THE TRIBUNE bo. THURSDAY, OCTOBER 23, 2008, PAGS 19
LOCAL NEWS






Deloitte congratulates Junior Auditors from | to r Kershala
Albury, Sanchina Kemp, and Dominique Gilbert on your
Financial Service Industry Student Award Nominations 2008,
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to strive for excellence in all of your e










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PAGE 20, THURSDAY, OCTOBER 23, 2008 THE TRIBUNE

LOCAL AND INTERNATIONAL NEWS

Georgia wraps up record sea turtle nesting season

i SAVANNAH, Ga.

- GEORGIA finished its nesting

season for rare loggerhead sea tur-
tles with a record 1,646 nests count-
ed along the state’s 100-mile coast,
and researchers reported ‘higher

olinas’ as well, according to Associ-

ated Press..-?
The 2008 season marked the 20th
year biologists and volunteers have

) stallied loggerhead | nests on Georgia
beaches. This year’s count exceeded
by 9 percent the previous record of

1,504 nests in 2003, though some

nests were destroyed by Tropical
Storm Fay in September.
Department of Natural Resources
bidlogist Mark Dodd, who was able
to announce Georgia’s record sea-
son in August before the final count
was in, said Wednesday it’s too ear-
ly to say if the state’s nesting popu-

lation is rebounding after staying
relatively flat since 1989.

“When you get one of these high
years like this, you always hope this
is the beginning of an increasing
trend,” said Dodd, coordinator of
the Georgia sea turtle recovery pro-
gram.

‘a threatened species.

The overall population of the
massive turtles, which weigh up to
300 pounds, remains fragile. The
federal government is considering .,
a proposal to classify loggerheads ‘:
as endangered, possibly by early,,
2009, after 30 years of listing them as
4 . ela store aie (AP)

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“the social aspect is _

nsortium submitted -
n a grammes designed to provide
le upcoming Bahamian genera-
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me _ Arguing that “waste is the
i papalitias! oil”, Ms McKinney

George sonia

: 90% Baliinitin owned, pith tne to ie water to Water & sewers.
and alliances with Green Systems and Bahamas Tyre Recycling Company

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Lawsuit threat
on Film Studios
-fleal collapse

By NEIL HARTNELL
Tribune Business Editor

A FURI- |
OUS row has |
broken. out |
over the col- |
lapse of a deal
to acquire the }
Bahamas Film.
Studios, with

“the current.
owner threat-
ening to serve
“arbitration

a
Owen Bethel



Decale oe Recaurces
_ plans to donate one-third of the
net income generated by all
environmentally- friendly pro-

jects it is involved in to a Foun-
dation, which would then
finance a variety of youth pro-





said ihe Bahamas Renewalle

Energy Resources’ proposal
» which, like those submitted by

the Plasco Energy Group and
the consortium Bahamas Waste
is involved in, would generate
electricity through thermal con-
version of garbage at the Har-

_rold Road landfill, would also

give BEC options in terms of

Family: isiend power seneta
‘tion.

She explained that the tech-

nology the Bahamas Renew-.

able Energy Resources plant

would employ could convert the.

gas created from waste com-

_ bustion into a liquid. This could

then be transported to other
Bahamian islands to fuel power
generation there.

- “With this technology that
we’re using to take it to a bio- -
_ gas, the gas can be kept as a EAs,

but also made into a liquid,” Ms

McKinney said, “It can then be
shipped around, and it has a far

more-reaching effect for BEC
_in terms of Out Island power

generation.”

The Bahamas Renewable
Energy Resources plant. will
employ 50 persons if it receives

the go-ahead from BEC and the
e SEE page 14B

and/or a possible lawsuit? on
the former buyer who yester-
day vehemently denied his
‘breach of contract’ allegations.

Ross Fuller, chairman of the

- Bahamas Film Studios and its

immediate holding company,
Gold Rock Creek Enterprises,
alleged in a series of e-mailed
answers to Tribune Business’s

_ SEE page 7B

Price change plunges Shell gas dealers into losses

@ By NEIL HARTNELL
‘Tribune Business Editor

SHELL gas station dealers yesterday
said they feared losing thousands of dol-
lars because they had bought their exist-

ing supplies at a price $0.32 per gallon”

higher than the new $4.60 retail price
they are now required to sell it at.

One dealer, speaking to Tribune Busi-
ness on condition of anonymity, said a
number of Shell gas stations had bought
their current supplies last week when —

imposed by the Government are $0.44

per gallon, the price at which the Shell .

dealers bought their gasoline from
wholesaler Sun Oil, a FOCOL Holdings
subsidiary, was $4.92 per gallon.
‘But Sun Oil’s decision to immediately
lower retail prices to $4.60 per gallon on
~ Tuesday has left those retailers facing
the $0.32 per gallon loss, given that the
wholesale price they purchased at was
$4.92 per gallon.

A Tuesday, October 21, 2008, memo .

sent out to all Shell dealers and fran-

be auvicett that: effective today, Tues-

day, October 21, 2008, the price of

Defenda decreases to $4.60. Kindly

adjust pump’prices to reflect the same.
The memo, a copy of which has been

obtained. by. Tribune Business, was also

sent to Yorick Cox, > Sun Oil’s marketing

_Manager.
‘This: newepaper was told yesterday
that one dealer faced making a loss of at
least $7,000 on the latest shipment as a

result of the instant retail price reduction,

anid the situation was getting dealers into

Motorists, ney had heard that retail
rices at Shell stations were falling to
$4 .60 per gallon, felt “cheated” because
dealers were still selling at the ‘old’ $5.36
per gallon Price to ensure they generat-

ed a profit.
+ “The motoring public got wind of it

»~ [the price. reduction], and now feel the

. dealers are cheating them because no

change in price has been made,” the

source said. “We’re refusing to drop the
price because we’re losing money.”

“the retail price was still $5.36. 5

Given that the fixed retail margins

Film Studios ‘not viable’
_ without real estate

@ By NEIL HARTNELL
Tribune Business Editor

THE head ofa group that
eeCmpi to acquire the Grand

‘Bahama-based Bahamas Film —

Studios yesterday confirmed-
Tribune Business’s exclusive
story that it had withdrawn

‘agreement between Mr Fuller

and the Government, the group

‘has decided not to proceed with

its interest in purchasing the
Studios: and ae paclarcat prop-
erty.”

With the - “Government
exploiting the fact that the

Bahamas Film Studios has

“¢chisees byEddie Thompson, a Sun Oil “trouble=with-both the motoringpublic: 4!
retail sales representative, said: “Please



and poyetanier regulators.



And, as a result, following customer

SEE page 6B

Au Gr rown ‘Ue!
| Time for a Bank of -

The Bahamas International.
Junior Account -

from the deal, saying the.project - defaulted on its Heads of Dp ; Pare

was simply “not: Wiobley Wt Agreement obligations and ‘Parents, Grand Parents, anne

out 3,400 acres of accompanying lease payments to renégotiate Aunties, Uncles, Everyone!

real estate. that agreement’s terms, the ; Soa * nh :
Bahamian banker Owen anounk of land available to any B.0.B. has a bank account just for me!

Bethel, who put together the developer has been reduced

Bahamas FilmInvest Interna- from 3,500 Crown acres to just

tional consortium, told Tribune 120 acres. i

Business: “I can say that the |. And without that land, Mr Features:

agreement with Ross Fuller has
expired.
. “Based on the fact that we.

have not been made aware of.

the exact terms of the revised



Bethel said: “The project with
just a standalone studio isnot
viable at this time.”

SEE page 5B
More ‘insight’
needed for .
regulatory
consolidation

@ By NEIL HARTNELL
Tribune Business Editor

THE Government is seeking
an. international expert to advise
it on the process for consolidat-
ing the Bahamian financial ser-
vices regulatory regime, a min-

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PAGE 2B, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE



eee ee
Timing of the filing critical for mortgages

English Common Law, upon
which Bahamian mortgage and
land law is based generally, and
the Conveyancing and Law of
Property Act 1909 require the
recording/filing of the relevant
. mortgage document and con-
veyance (where applicable), after
the production of evidence show-
ing stamp duty has been paid.

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This legal requirement is nec-
essary to protect the party to
whom the property is mortgaged
against third parties generally,
without proof of specific notice
to any particular claimant or any
actual knowledge on its part of
the prior interest.

In addition to the foregoing
legal principle, a security interest,

hs

which is unrecorded or filed, in
the absence of a statutory provi-
sion to the contrary may be per-
fected vis-a-vis a particular third
party by notice to that party or
by knowledge on his part.

In general, an
accurate and thorough title
search of the particular property
being mortgaged, or used as

security for a mortgage, will
assist any prospective third party
purchaser or creditor in discov-
ering the existence of an adverse
title or security interest, whether
created by the prospective seller,
debtor or by one of his prede-
cessors in title.

Mortgage documents and oth-
er documents of title in support

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of the mortgage are filed to give
notice of the security interest to
such third parties.

Although failure to file or
lodge the relevant mortgage doc-
ument does not, in principle,
affect the enforceability of the
security against the debtor him-
self, the time of filing is of utmost
importance in terms of the pri-
ority of interests of the secured
creditor (the mortgagee ).

It is important to note that in
terms of the priority of security
interests, particularly as it relates
to mortgages in the Bahamas,
“the first document to be record-
ed in time prevails”, notwith-
standing the date of execution
or creation of the document.

Failure to file/lodge a security
interest, whether it be a mort-
gage or a judgment order from

‘the courts, will result in that

secured creditor’s claim being
postponed and the risk they
could lose out altogether to an
outright purchaser, particularly
a bona fide purchaser for value
with no knowledge of the prior
security, and one who is not
involved in any fraud or collu-
sion regarding the same...

It should be noted that where
the mortgaged property is a debt
or other money owing to a per-
son to whom the notice should
be given (such as a prospective
purchaser, secured creditor), a

ie mortgagee who gives written
'|\ notice to the debtor gains prior-.

ity over an earlier mortgagee
who fails to give notice. The fail-
ure to effect notice leaves the
property under the mortgagor’s
control, and deprives the second
mortgagee of the chance to
ascertain the existence of the first
mortgage by inquiry..of the
debtor.

The filing of the relevant mort- »

gage is important to the notice

_Tequirement, and to protect the

interests of the first mortgagee
because the priority of the sec-
ond mortgagee does not depend
on whether it made inquiries; it
depends solely on notice. How-
ever, a second mortgagee will
not gain priority if it gave no val-

_ ue, or if he had knowledge of a

prior mortgage at the time of his
advance.

A judgment creditor who

obtains a charging or similar
order from the court will be
treated as a volunteer, and can-

not gain priority by giving notice.

It is also important to note that

“ Where Tioti¢es are contémpora-
‘neous, the encumbrances will



Tyrone Fitzgerald

rank in order of the creation
time,

With regard to the priority and
enforceability of real property
taxes as a lien on,the mortgaged
property after filing of the mort-

‘gage document, it should be reit-

erated that real property taxes
represent a first charge over
property, under Section 21 of the
Real Property Tax Act 1969
(“the Act”). This arises auto-
matically by operation of law. and
does not require filing or lodging
by the appropriate governmental
agency/department/ministry
responsible for the assessment
and collection of such real prop-
erty taxes. Additionally, under
Section 7 (5) of the Act, real
property taxes can be assessed
for 10 years retroactively.

This first charge which, quite
arguably, ranks in priority to the
mortgage security interest filed
and created by the mortgagee,
is better understood in the con-
text of the legal obligations and
liability of mortgagees as they
relate to the payment of real
property tax on the mortgaged
property, since those mortgagees
will be deemed to be owners of
the property where real proper-*
ty taxes remains unpaid, partic-
ularly during currency of the
mortgage loan, under Section |
16A (1) Fiscal Reform and Tax
Relief Act 1990.

. © 2005. Tyrone L. E. Fitzger-
ald. All rights reserved.

NB: The information con-
tained in this article does not
constitute nor is it a substitute
for legal advice. Persons read-
ing this article and/or column,
generally, are encouraged to seek
the relevant legal advice and |
assistance regarding issues that

_ may affect them and may relate

to the information presented.
Tyrone L. E. Fitzgerald is an
attorney with Fitzgerald &
Fitzgerald. Should you have any
comments regarding this article,
you may contact Mr Fitzgerald at
Suite 212, Lagoon Court Build-
ing, Olde "Towne Mall at Sandy- -
port, West Bay St., P. O. Box
eee Naseaty Bahamas or <

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IMPORTS


THE TRIBUNE THURSDAY, OCTOBER 23, 2008, PAGE 3B



Neen Nassau firms urged to exploit Freeport bond
Teel a 2 ae BRENNEN-
pru d ent Business Reporter
card use

@ By CARA BRENNEN-
BETHEL

Business Reporter

close to its dock facilities, to absorb the cost of transport-
unlike similar ports.in the US, ing containers back to the port
where goods have to be stored _ when they are ready for ship-
off-site and then owners have ment.





NASSAU-based companies .
were yesterday urged to take
advantage of the ‘bonded ware-
house’ zones in Freeport, as
they could store goods and
inventory without having to
pay import duties until they
were ready to use them.

Speaking to the Nassau busi-
MasterCard is seeking to | 2°SS community during a

educate its clients on the Be cri en Rag Cony
Tapa GM Jones, chief operating officer RAYMOND JONES speaks to the Nassau business community during
global sents ane of Hutchison Ports (Bahamas), — the Bahamas. Chamber of Commerce luncheon...’
Patricio Rubalcba, vice- which operates the Freeport
president for commerce Container Port, Freeport Har- and you can’t bring it to the _ nesspersons as well.
development, travel and bour Company, Grand Bahama store until next month, and . “We are trying to, get inter-
entertainment for Master- | Aiport Company and the Sea where you've paid the duty and — national importers to look at it
Card Latin America andthe | Ait Business Centre, described the cash is not available to you, _as well. They bring in trailers
Caribbean, told Tribune | What he feltwasa tremendous jf you were to hold those goods and trailer loads of goods, pay-
Business yesterday that it opportunity for businesses to jn Freeport in bond, the duty ing duties and various costs on
was still too early to say how | prove their cash flow. is paid when it comes down to __ it, when they could store it in
the need to save and curtail What I am suggesting is that Nassau and the difference is Freeport cheaper and then,
spending, as encouraged by people study and take a look that you’ve saved the carrying _ when they need it, we are right
governments'and Central | t the Container Port, because cost of that money fora month _ next door. The terminology in
Banks worldwide, will | in Nassau you do not have the of two.” the industry is ‘Just In Time’,
impact his company in either same sort of bonded import of Mr Jones described this as a Mr, Jones said the Freeport
either maintaining and certain goods,” Mr Jones said. simple equation that could Container Port has the physical
By using Freeport’s bonded work for international busi- space to provide storage very

attracting clients or in the er PeHOucce Naseaucbased

celles Hon Ob Pavan companies could import goods
NOTICE IS HEREBY GIVEN as follows:

~ “T think it is still too early Bed Gavenbonye intOn the
to determine what the out- Bahamac dutytiee) They

(a) CIRCE OVERSEAS LTD. is in dissolution under the
provisions of the International Business compan Act

come of this credit crunch would only pay the required
2000.

JOB VACANCY AT PRIME BAHAMAS
_Mechanic | Hel Iper

We ate “seeking pro canal and lable person to assist-in the
Mechanic Shop to work on diesel vehicles. The qualified applicant
must have had 2 years prior experience and be willing to work under
supervision, time requirements. References are ne and helpers
wth their own tools isa plus.




























Felipé Major/Tribune staff

en te

Please send your resume and deers: tthe Warehouse Nerecet
via fax, emai or in ee





Attn: Craig Rating
| Prime Bahamas oN
‘crahming@primebahamas.comn He
fax: 394-0282.

























will be. My take is that it will

depend on how long we customs and Stamp duties when

remain in'this state There | “these products were removed

have been tremendous deci- from the warehouses for ship-

Rionieihat have been‘made’ | — Pins to\Nassau and put on cus-

so I think we have to wait | ‘tomer display, providing poten-

and see,” Mr Rubalcaba tially a big boost to cash flow.
ean Mr Jones therefore encour- |
He added that despite the aged businesspersons to take
credit squeeze, he still advantage of what the Freeport
believes people will travel | Container Port offers by devel-
and spend: oping holding facilities and
uInGn if igiwinter and warehouses in Freeport where
cold, people will travel,” Mr they can bring in goods, store

Rubalcaba said. as eae one ane when
. they need them in Nassau or

aaee eC ar nesadced, for export to the Caribbean,
they can load them up and ship
them down to Nassau.

“Tt will be more convenient,
but you could have your goods
and not have to pay duty on
them while they are sitting in
the warehouse,” Mr Jones said. _

“So, if you bring in goods,
instead of having that sit here




(b) The Dissolution of said Company commenced on October
22, 2008 when its Articles of Dissolution were submitted
and registered by the Registrar General.

(c) The Liquidator of the said company is Lakeisha Collie of
2nd eee West, Centreville, Nassau, Bahamas.



(d) All: persons having Claims against the above- named
Company are required on or before the 20th day of November,
2008 to send their names and addresses and particulars of

their debts or claims to the Liquidator of the company or,
in default thereof, they may be excluded from the benefit
of any distribution made before such debts are Prove:

felt it was extremely impor-
tant in this climate to have a
healthy and effective use of
‘credit.

“These are times of uncer- ©
tainty, and it is important
and key that Master Card
continue the programmes it
already has out in-the mar-
ket to encourage and train

people i in the proper use of
_| credit,” Mr Rubalcaba said.
“The key word is the | ‘’*
| effective use of credit. If can” |’
be a great tool, particularly
when you use a‘debit catd
which allows better control.
But we still ncourape peo-

OCTOBER 23, 2008




- ~° LAKEISHA COLLIE
LIQUIDATOR OF THE ABOVE-NAMED COMPANY

EPLOVNENTOPDORT UNITY ~—
HEAD ENGINEER

Large private estate in Nassau seeking a Head Engineer capable of
‘effectively managing the estate. Candidate must have certification/
experience in engineering and be able to maintain all equipment on the
estate. Previous experience working with large private estate, small luxury
hotel or embassy. essential. Applications and resumes should include
reference from: previous | three emplayels. Send resume, certificates and
a references to: Siege





INSIGHT

For the stories
behind the news,
read Insight
on Mondays

HEAD ENGINEER
P.O. BOX N-7776 (SLOT 193)
NASSAU, BAHAMAS



ayer



A sone leader in audit, tax and advisory services

Action #:
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Manager, Restructuring



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The Manager will report to the Directors of KPMG Restructuring Ltd... The role has primary responsibility
for managing a portfolio of liquidation and corporate restructuring clients.

Specific duties include managing: Judem ent Debtor:
e liquidation cases, including both voluntary liquidations and court appointments ae der Smaih ’
e restructuring engagements for lenders, providing independent business reviews of borrowers’ f

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businesses, and assisting lenders in developing and implementing options with respect to their
financial exposure to such borrowers

e restructuring advisory services to companies with financial issues
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Action #:



a portfolio of restructuring clients, including financial matters such as work in progress, and 2006/CLE/gen/00770
accounts receivable

e restructuring professionals. in their work, and involvement in the internal performance appraisal Judgment Creditor:
process

e business development digatives Premier Importers Limited

Judgment Debtor:
Beverley E. Lewis ii
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Applicants must be a university graduate and a riieenbee of a recognized accountancy or insolvency body in
addition to holding a minimum of five to seven years relevant work experience, with preferably three or
more of those in a restructuring role at a comparable level. This position requires attention to detail, strong
financial and writing skills, the ability to work at one’s own initiative, and the ability to meet tight
deadlines.







Vehicles can be viewed from 7:30am
to 4:30pm at Premier Importers,
, ot Albans Drive.

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

Applicants should submit a cover letter, resume, a copy of their degree and professional certifications and a copy of their transcripts to; KPMG,
Human Resources Manager, P.O, Box N123, Nassau, Bahamas or jalightbourne@ knma.com.bs no later than Friday October 31, 2008.

Bids must be in writing onor »..°
before November 16th, 2008.
Contact 322-8396 @ extn. 232:
for any additional information.

AUDIT = TAX = ADVISORY.

© 2008. KPMG, a Bahamas partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a
Swiss coaperative. All rights reserved. :




PAGE 4B, THURSDAY, OCTOBER 23, 2008

Bank names top wealth manager

Financial Services Board

BANK of the Bahamas Inter-
national has appointed Dianne
Bingham as its senior manager
for private banking and trust
services.

“We are pleased to announce
the appointment of Dianne
Bingham as senior manager of
private banking and trust,” said

Paul McWeeney, Bank. of the
Bahamas International’s man-
aging director.
“Ms Bingham brings a wealth
of experience, and a solid grasp
of the importance of client rela-
tionships in private banking, at
a time when private banking
and trust services are becoming

(pee eY Sree

increasingly strong components
of the bank’s diversifying foun-
dations.”

A 24-year financial services
industry veteran, Ms Bingham,
who is also currently chairman
of the Society of Trust and
Estate Practitioners (STEP)
Bahamas’ branch, is a Bahamas

}on that dream vacation ~
here for more info

Use your local credit card. Tickets are issued locally.

ass mh

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

PUBLIC AUCTION





poll haL OCTOBER 25TH, Lah

toe By Order of

_ The Bahamas Development Bank
Cable Beach, Nassau, The Bahamas
Commonwealth of ale Bahamas

I. G. STUBBS WILL SELL ©

WHAT:

' schedule below:

MAKE/MODEL

1990 - 34’ Offshore Vessel

1977 - 53’ Défender

1992 - 45’ Defender Vessel

1989 - 48° North Carolina

1979 - 52’ Hatteras Fibre Glass Vessel

1980 - 47’ Garcia |

1981 - 51’ Defender Vessel
80’ Custom Steel Hull Vessel

94’ Steel Hull Gulf Coast Shrimp Trawler

1980 with two (2) Volvo Diesel Engine

SSeS

the site.

122’ Single Screw Steel Hull (1960)

Bleven (11) assorted used vssels as econ in the

NAME LOCATION
Der Berry’s Potters Cay
Shabak Potters Cay
Liminos Potters Cay
; Coral Harbour
M.V. Buddy. Arawak Cay
Miss Quality Potters Cay
Equality - Owner/Andros
Lady Kristy | Owner Possession
Sweet Charlotte Owner Possession,
Morgan Bluff = °
Andros
M.V. Lisa I Bradford Marine
Freeport

- LOCATION: Potters Cay Dock - Nassau, The Bahamas



: TIME: 11:00am - Saturday, October 25th, 2008 - Preview Aid Inspection from 9:00am Unt Auction time at

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 se: 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

Ae ye ow es

Se pg ree ny Ey. EY eww

THE TRIBUNE

(BFSB) director.

The BFSB’s ‘Professional of —
the Year’ in 2004, Ms Bing-
ham’s responsibilities in her
new post with Bank of the
Bahamas International will
include providing wealth man-
agement, investment advice,
estate planning and trust ser-
vices to Bahamian and interna-
tional high net-worth clients.

She began her financial ser-
vices career.as an accountant
with the Nassau branch of
Pricewaterhouse Coopers
(PwC) before accepting a post
in the Nassau office of a major
Canadian bank and trust com-
pany, where she served first in
trust services and, later, as head
of its private banking client

group. ET TNT



Marketing Manager
We are search in ofa talented, innovative, charismatic and creative
individual with a passion for success and the ability to initiate progress.

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business development objectives in product markets
Proficient in Quark, Corel Draw, Photoshop and Microsoft Of
Ability to work in a fast paced environ
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Strong leadership skills
Professional appearance
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F erm ti . s
Single & Multifamily Lots
Including: >
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Access to 3 beaches

e Waterfront
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Selected lots now available

Minimum size 7,500 sq. ft.
Starting at



Confidence Investments Limited
Tel: 354-3145 © 325-6447/9 © 362-1144
After 6pm: 341-7184 © 424-5227 © 324-1685


THURSDAY, OCTOBER 23, 2008, PAGE 5B

THE TRIBUNE .

Film Studios ‘not viable’ without real estate

FROM page 1B

The previous PLP’ adminis-
tration had leased almost the
entire former US Air Force
Missile Base to the initial trio of
developers - Hans Schutte, Paul
Quigley and Michael Collyer,
all of whom are now deceased -
and Prime Minister Ingraham
felt those terms were unduly
generous, with too much land
granted.

Yet that land was critical to
their plans, and those of Mr
Bethel’s group and other devel-
opers, as the real estate com-
ponent would have generated
the majority of the Bahamas
Film Studios’ revenues and
profits.

Apart from the existing water
tank and associated film/TV
production facilities already at
the Bahamas Film Studios, the
project’s economic sustainabil-
ity always depended on the
development of a hotel, movie
theme park and residential real
estate component - at least until
a steady flow of business from
incoming movie/TV production
crews was developed.

Mr Bethel’s group had pre-
viously pledged to invest
upwards of $90 million in com-
pleting the original vision for
the Bahamas Film Studios.

Meanwhile, Mr Fuller yester-
day told Tribune Business he
planned to continue operating
the Bahamas Film Studios him-

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BRITISH
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(Harrold Rd).

Hwy. (Harrold Rd).

Farrington Road
Nassau, The Bahamas
P.O. Box SS-19048

to Friday.

envelope(s) addressed to:

Tenders.

INTERNATIONAL
KOU:
VIRGINIA ST.

MINISTRY OF THE ENVIRONMENT
DEPARTMENT OF ENVIRONMENTAL
- HEALTH SERVICES.

‘GOVERNMENT NOTICE
INVITATION FOR TENDERS

The Government of The Bahamas is inviting tenders for
following contracted services. ;

1. The maintenance and repair of air condition units
at its Farrington Road complex and the solid waste
site buildings, off Tonique Williams-Darling Hwy

2. Servicing, maintenance and repair of Mack tandem
trucks, Solid Waste site off Tonique Williams-Darling

3. Servicing maintenance and repair of tractor
equipment, Solid Waste site off Tonique Williams-
_ Darling Hwy. (Harrold Rd).

Interested parties may obtain further information including
eligibility to participate and may collect the bidding
document upon payment of a non refundable fee of fifty
dollars ($50.00) as of October 17th, 2008 from:

The Department of Environmental Health Services

Telephone No. (242) 322-8037, Facsimile No. (242) 322-
8073 between the hours of 9:00am and 5:00pm Monday

The method of payment will be certified cheque or cash.
Tenders are to be submitted in triplicate (3) in sealed

The Tenders Board
c/o The Financial Secretary |
Ministry of Finance .
Cecil V. Wallace Whitfield Centre
P.O. Box N-3017
Nassau, N.P.,
The Bahamas

) No later than October 31st, 2008.

Tenders will be open at 10am on November 4th 2008 at
the office of the Tenders Board, Ministry of Finance.

The government reserves the right to reject any or all

An BMAWMIOROO

WEST BAY ST.



GN-767


































self and look to attract the
Pirates of the Caribbean IV
production to film there. This
was after a $600 million pro-
posal to acquire the Bahamas
Film Studios did not come to
fruition.

“I plan to go on operating the
studio with hope of bringing in
the next ‘Pirates’ film and
another major pirate-like pro-
duction that is expected to be
green-lighted within the next 60
days,” Mr Fuller said in
response to Tribune Business
questions.

“This is, however, dependent
upon the Government honour-’
ing their promise of last July to
modify our Heads of Agree-
ment ... an effort whose delay

" has already cost us one produc-

tion which would have been a
great benefit to the ailing Grand
Bahama economy.”

He added: “We have had an-
offer for the development of the
3,500 acres into a very high end
Space-travel related facility,
together with hotel, housing,
etc, which sought to spend $600
million. But the Government
did not indicate any interest in
pursuing it or to accept the
Bethel plan.”

Mr Fuller said the Govern-
ment had promised to grant the
Bahamas Film Studios 120
acres, but. added that he would
not renew efforts to sell it until
the dispute with Mr Bethel’s
group was resolved. (see other
article on Page 1B)

He added that talks with the
Government on the revised
Heads of Agreement had been
completed in July, and “we
have been waiting since then
for then to formalise a new

Heads of Agreement. We have -

been told that the Attorney
General’s Office is responsible
for this long delay”.

When asked about the
Bahamas Film Studios’ eco-
nomic viability now that it had

More ‘insight’
needed for
regulatory —

consolidation

FROM page 1B

attempting to identify someone
who could assist us a little more
in that process, and: advice the

* committee established to deal

with this.

“We were looking for some-
one and still are. Really, at this
point, that’s where we are,
because we want the benefit of
someone who has been through
this before and can shorten the
implementation period, as they
have the benefit of expertise in
this area.”

In consolidating the Bahami-
an financial services regulatory
regime and the supervisory bod-
ies, this nation has the choice
of adopting either the “Twin
Peaks’ model used by the likes
of Ireland, where the Central
Bank is left to regulate the
banking industry and all other
regulators are merged into one,
or following the UK’s lead and
merging all supervisors into one
body such as that country’s
Financial Services Authority
(FSA).

_ SEE page 7B



Abaco Markets































Dc



















52wk-Hi - Highest closing price in last 52 weeks
62wk-Low - Lowest closing price in last 52 weeks





Previous Close





Change - Change in closing price from day to day
Daily Vol. - Number of total shares traded today







(S) - 4-for-1 Stock Split - Effective Date 6/8/2007
r ive Date 7/11/2007

Ai



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

Bahamas Supermarkets
Caribbean Crossings (Pref)
id

Bahamas Supermarkets






Colina Bond Fund
Colina MSI Preferred Fund
Colina Money Market Fund

Fidelity Prime Income Fund
CFAL Global Bond Fund
CFAL Global Equity Fund

FG Financial Growth Fund

~ Previous day's weighted price for dally volume
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Ri COUNA 242-502-7010 | FIDL

been denuded of associated
land options, Mr Fuller replied:
“The Film Studio is very viable
because of a promised reduc-
tion in the rental payments and
the relatively low maintenance
costs. Most.of the real future
expense is involved with the
tank repair that was caused by
Disney's removal of equipment
and damage to the seawall.”

As for Phoenix Engineering’s
claim against the Bahamas Film
Studios for $300,000 in out-
standing sums owed to it, Mr
Fuller said he intended to pur-
sue Mr Bethel’s group for this
money.

While Phoenix Engineering
could re-open the lawsuit, Mr
Fuller added: “Since we are not
selling to Mr Bethel, it would
seem to me that an injunction
against a sale to him would be a
shallow victory.” :



1.77

11.80 Bahamas Property Fund 11.80
19.68 7.64 Bank of Bahamas 7.64
0.99 0.85 Benchmark 0.89
3.74 3.49 Bahamas Waste 3.49
2.70 1.95 Fidelity Bank 2.37
14.15 11.00 Cable Bahamas 14.14
3.15 2.84 Colina Holdings 2.85
8.50 4.80 Commonwealth Bank (S1) 7.27
16.88 1.99 Consolidated Water BDRs 2.55
3.00 2.25 Doctor's Hospital 2:77
18.10 6.02 Famguard 8.06
13.01 12.00 Finco 12.00
14.66 11.54 FirstCaribbean Bank 11.60
6.09 5.05 Focol (S) 5.20
1.00 1.00 Focol Class B Preference 1.00
. 0.36 Freeport Concrete 0.40

H ICD Utilities 8.20

J. S. Johnson 11.00

10.00

Symbol
FBB17





FBB22
FBB13
FBB15

Bid S
14.60




0.35



38.95 4 29.00

13.80 14.80 14.00

0.45 0.55 0.55
‘BISX Listed Mutual funds





ee etina Gver thee

te
< LISTED DEBT SECURITIES = (Bonds trade on a Percentage Pricing bases) —
Last Sale

Ridality (are Beunter Securities Z
sk$
15.60
6.25
0.40 issiinibecions dis
iotinter Securities
0.85

A



Fund Name NA_V YTO% L
1.3371 3.49 4.95 30-Sep-08
3.0250 0.81 4.78 31-Aug-08
1.4217 3.38 4.60 10-Oct-08
Fidelity Bahamas G & | Fund 3.6090 -4.95 3.62 30-Sep-08
12.4456 4.29 5.78 30-Sep-08
100.0000 . 31-Dec-07
100.9600 1.01 1.01 30-Jun-08
CFAL High Grade Bond Fund 1.0000 31-Dec-07
Fidelity International Investment Fund 9.1958 -12.42 -12.42 30-Sep-08
FG Financial Preferred Income Fund 1.0216 2.16 2.16 30-Sep-08
1.0282 2.82 2.82 30-Sep-08
jal Diversified Fund 1.0244 2.44 2.44
HS MARKET TERMS
YIELD - last 12 month dividends divided by closing price
Bid S - Buying price of Colina and Fidelity
Ask & - Selling price of Colina and fidelity
Last Price - Last traded over-the-counter price
Weekly Vol. - Trading volume of the prior week
EPS $ - A company’s reported earnings per share for the last 12 mths
NAV - Net Asset Value
N/M - Not Meaningful
FINDEX - The Fidelity Bahamas Stock Index. January !, 1994 = 100

j242-356-7764 LEG CAPITAL MARISETS BaS%) MOOD] COLONIAL S42 602-7525















ctu010 OF DRAPERIES

One Day Anniversary Sale
SATURDAY NOVEMBER 1, 2008.
9:00 AM - 5 PM
Double Drapes - 30%



Triple Drapes - 30%
Sheers - Double and Triple - 35% off
Rods - 10% off
Verticals 25% off (hring in measurement)
Kitchen curtain set 10% off
FREE GIFT to first 20 purchasing customers
Tel: 323-6410
Wulff Road

2

o Beautiful.

One

West of Orange Hill Beach, West Ere Street

COMPLETED INFRASTRUCTURE |

INCLUDES:
¢ Paved Roads « Water & Sewerage,
Phone « Cable « Electricity * Street Lights

RECREATIONAL PARK
INCLUDES:

; Tennis Courts ¢ Ornamental Pond
Jogging Trails * Playground « Basketball
Court Gazebos « Grills

Sot sizes starting at 65x101
| SFPices starting at $106,500

FOR MORE INFORMATION CALL:
325-6456 . 325-6447/9

relia] °)tal 424-5227 . 341-71 p74)
457-0581 . 393-1735






EG

CAPITAL MARKET.
BROKERAGE & ADVISOBY SERVICES









1.71 0.00 A

11.80 0.00 1.061 > :!
7.64 0.00 0,643 0.160 11.9 2.09%
0.89 0.00 -0.877 0.020 N/M 2.25%)
3.49 0.00 0.152 0.090 23.0 2.58%
2.37 0.00 0.055 0.040 43.1 1.69%
14.14 0.00 1.224 0.240 11.6 1.70%)
2.84 - -0.01 11,764 0.118 0.040 24.1 1.41%
7.24 -0.03 5,000 . 0.446 0.300 16.2 4.14%)
2.40 -0.15 0.122 0.052 19.7 2.17%)
2.77 0.00 0.256 0.040 10.8 1.44%)
8.06 0.00 0.535 0.280 15.1 3.47%
12.00 0.00 0.665 0.570 18.0 4.75%)
11.60 0.00 0.682 0.450 17.0 3.88%
5.20 0.00 0.385 0.140 13.5 2.69%
1.00 0.00 0.000 0.000 N/M 0.00%)
0.36 -0.04 1,000 0.035 0.000 10.3 0.00%)
8.20 0.00 0.407 0.300 20.1 3.66%
11.00 0.00 0.952 0.620 11.6 5.64%
0.00%)

10.00 0.00 0.000 55.6




Change Daily Vol.







0.00 7% 19 October 2017







0.00 Prime + 1.75% 19 October 2022
100.00 0.00 30 May 2013
100.00, 0.00 29 May 2015



Last Price
14.60
6.00
0.35,






0.000















ast 12 Months _ “Yield %_




PAGE 6B, THURSDAY, OCTOBER 23, 2008

SHELL, from 1B

complaints the Shell dealers
were now attracting attention
from the Government’s Price
Control inspectors.

“Price control was at one sta-
tion this morning, and threat-
ened to bring the dealer before
the courts if they did not change
the price,” the source said.

Anthony Robinson, FOCOL .
Holdings’ managing director,









Rolling Back Prices Everyday!


















Solomon’s & Cost Right
are looking for applicants to fill the
following positions.

Managers ©
Buyers

Loss Prevention Officers :

Butchers )

Buyers |

did-not return Tribune Busi-
ness’s voice mail seeking com-
ment before press deadline.
Many dealers in the past have
argued that the retail petrole-
um industry’s ‘floating margin’
price control structure is at the
root of much of their difficul-
ties, forcing the entire sector.to
operate at.a loss.”
With.their-margins fixed,
Bahamian gas station dealers
earn a decreasing percentage

per gallon of gasoline sold as:

"GET MORE FOR LESS

Positions are available in both New Providence
and Freeport stores.
Send resume via email to
hr@abacomarkets.com








Competitive salaries and benefits with
high. incentives - -

Expenenee not required But a great attitude and L
enthusiasm essential. ; eaten

Tenders are invited for : a one e [1] year contract for the making and
supplying of Uniforms for Security Officers, Screeners and






the price rises.

And this problem had been
made especially acute with the
recent explosion in global oil
prices, which hit $145 per barrel
this summer before sinking to
the level of around $70-$80 per
barrel it is now hovering at.

‘Retailers

In 2002, when Bahamian
petroleum retailers last experi-
enced an increase in their fixed

margin to $0.44 per gallon, that
ensured they earned 15.7 per
cent out of the $2.80 per gallon
price that gasoline was then sold
at.

But following the oil price
explosion, per gallon prices rose
to $5.36, while the retail mar-
gin had remained the same. As
a result, Bahamian gas station
retailers had seen the per gallon
percentage that made up their
earnings fall to 8.2 per cent from
that 15.7 per cent.

The Ambassador of

owe la lel)




Embassy, Nassau

| Pueneiters of the por ot as es

*Navy Blue Trousers wath stripe down the side [male/female]
*Long Sleeve Navy. Blue J acket [male/female] -
*Navy blue windbreaks with heavy lining - AIA Logo] Patch

*Rain coats with hoods A/ALogo
*Female skirt with stripe down the side



_ *White shirts Hone shoresteeye

*Shoulder Patch

*Shoulder Badges. :
Shoes [male/female] |

— Stockings
‘Socks

*Caps [male/female]

*Cap Badge
*Neck Ties

*Leather black belts. 2! * wide



“Samples of the anton may be inapected at the Security Offices
‘located in the former Police Station, LPIA between the hours of
9 a.m. and 4 p.m. daily sees to Friday.

2. Tenders must be Submitted 4 in sealed eriveldpes addressed to

the Actg. General Manager, Airport Authority; Lynden Pindling
_ International Airport and must specify "TENDER FOR

UNIFORMS". The Airport Authority reserves the right to
reject any envelope not properly addressed and/or not
specifying "TENDER FOR UNIFORMS". Faxed Tenders
will not be considered. The Authority also reserves the right
to reject any and all Tenders without assigning any reason(s].

3. Tenders must be received by Friday, October 31, 2008 no

later than 4 p.m.

4. Openin’s of Tenders will be held on Tuesday, November 4,
2008 in the Board Roor- of the Security Department at which
time all bidders are inv ‘ed to attend.



is presently considering applications
_. for the following position:

CHEF

This position is open to candidates with the
following qualifications:

- Ahigh school diploma is required.
=. Training at the Hotel Training College or
‘|. equivalent training in the culinary arts.’
dered Fitee 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.













































Politicians have been reluc-
tant to increase the prices of
price-controlled staple com-

modities, such as petroleum .

gasoline, for fear it will lose
votes among consumers who
have to live with the increases.

Yet if an industry is forced to
effectively subsidise consumers
by selling its products at a loss,
or a price that does not cover its
overheads, then they have no
incentive to maintain supply
long-term and will simply go
out of business.

A number of gas station
dealérs have done just that,
judging from the number of
closed stations seen around
Nassau. ;

Yet if floating margins were

| rua (New (
| rotons” a

: | Ferns

THE TRIBUNE

introduced, with retailers earn-
ing a fixed percentage of each
gallon sold - rather than a fixed
amount - their earnings would
remain proportionately the
same, increasing and decreas-
ing based on global oil price
movements.

Out of their $0.44 per gallon
margin, Bahamian petroleum
retailers for Shell, Esso and
Texaco have to cover substan-
tial overheads - labour, elec-
tricity, water, business licence
fees, National Insurance Board
(NIB) contributions and other
forms of business insurance.

They are also required to pay
rent to the three oil companies,
plus franchise fees and a per-
centage of sales.

, ai 0 pices:

- a Rican Mint
~~ Lemon Grass
‘Allspice an





Vesa

ELORIDA INC.

3000 S. STATE RD. 7 (441) * HOLLYWOOD - MIRAMAR §

GRAND OPENING! GEORGE IS BACK!

WE’RE BACK WHERE WE STARTED 15 YEARS AGO - {954) 404-7351

SHOP DAILY
10AM To 7PM
SATURDAY 10-6

SUNDAY 12-4

AHR
He

rT)
my

Sas
mal)

MICROFIBER SOFA AND LOVESEAT

aa

Aly

a 1
ee MORE HD

TRU se UE Ray 3.

OSL

¢ MATTRESSES
asda ELOY
ONO rth)
e DINING SETS

ee ae
4 CHAIRS

ELMAN a qe si)
OR IVORY MARBLE

SALE PRICE

AFFORDABLE PRICES AGAIN! NOW!

ALL MATTRESS SETS NOW ON SALE!

seal MATTRESS SALE!

PILLOW TOP ee

VEEN SIZ
Ma HERS & sox

$259

FULL SIZE SET

ae Pritt sida (ot =)

TELEPHONE
QB UO 73a

WE BO NOT
QUOTE PRICES
ON TELEPHONE

FREE
LAY-A-WAY
eee

ee SIZE SEF

S69
Mk)

LOL SNS a Cea es.
MIRAMAR - HOLLYWOOD Eig

MIRAMAR - HOLLYWOOD |
a Ree AP 3]
ONE STREET SOUTH OF
Dey Wat See

Hollywood sal! |

Pembroke Rd. iM
Hallandale Beach Blvd.


el se}

LAWSUIT, from 1B

questions that Owen Bethel’s
Bahamas FilmInvest Interna-
tional group had “failed to meet
certain thresholds requiring
payments”. :

He also alleged that Bahamas
FilmInvest International had
failed to inform him that the
Government had told the group
it would not approve its pro-
posed multi-million purchase of
the Bahamas Film Studios.

They failed to meet certain
thresholds requiring payments

‘:. for example they were to
have paid off an $85,000 debt
to Islands by Design,” Mr Fuller








told Tribune Business.

“We believe that they failed
to adequately fund certain
promised escrow accounts.
They failed to notify us that the
Government told them that
they wouldn't agree to our con-
tract. We believe that they were
unable to provide adequate evi-
dence of funding to the govern-
ment to fulfill the mandates of
the Heads of Agreement, there-
by jeopardizing the promised
payments of some $500,000 to
local Grand Bahama merchants
and vendors.”

Mr Fuller added that
Freeport would be the chosen
arbitration venue, and said that
at a minimum he would be
seeking a solution - or court rul-
ing - requiring Mr Bethel’s



taque Group financial services
provider, said: “This is typical
Ross Fuller in regards to want-
ing to see where he can take
any action.

“I see it as Ross Fuller pos-
turing to see how much leverage
he can get from a deal where
he could not deliver the assets
that were subject to the agree-
ment.”

That is a reference to the fact
that the Government has
moved to renegotiate the Heads
of Agreement for the Bahamas

Film Studios, exploiting the fact’

that Mr Fuller’s company has
defaulted on its obligations
under that agreement and lease
payments.

The Giovernment subse-
quently moved to reduce the

the Bahamas Film Studios
chairman had “raised the spec-
tre of arbitration” several weeks
ago when the sales agreement
signed by the two parties
expired.

“He believes we breached the
agreement with him,” Mr
Bethel told Tribune Business,
adding that Mr Fuller was act-
ing on “hearsay” because the
Government had. not told
Bahamas FilmInyest Interna-
tional it would refuse to
approve the group’s purchase
and development plans.

“He was inferring we were
told by the Government they

- would not approve us taking

over the site and project, but
he has yet to let us know where
he got that information from

Aa Ne RN ey re re ey er ey



statements did not refer to
rejecting our project, only rene-
gotiating the terms of the Heads
of Agreement [with Mr
Fuller].”

On the question of paying the
$85,000 debt owed to Bahamian
company Islands by Design, Mr
Bethel said this was always con-
ditional on the Government

_approving Bahamas FilmInvest

International’s purchase and
business development plan. As
this had not been approved, no
payment would be made.
“There’s no business sense in
paying off a debt if we cannot
move forward with the Gov-
ernment,” Mr Bethel said. “The
payment to Islands by Design
was subject to us getting






approval to move forward with
the project from the Govern-
ment.”

As for the funds in escrow,

Mr Bethel said Mr Fuller could

easily verify that Bahamas
FilmInvest International had
fulfilled its obligations by check-
ing with the various law firms’
holding the monies. One of
these law firms was the one act-
ing for Mr Fuller.

The Montaque Group presi-
dent said Bahamas FilmInvest
provided all necessary details
on its financing and principals to
the Government to enable it to
conduct due diligence on them
and their wherewithal. No con-
cerns were ever expressed by
the Government.

#





























































More group to pay outstanding sums land available to the project and how we were informed by
ea ‘ ; owed by the Bahamas Film Stu- from 3,500 Crown Land acres the Government,” Mr Bethel
insight dios. to just 120 acres, leaving the _ said.
Yet refuting Mr Fuller’s var- _ seller without the valuable addi- “The only information we
needed for ious allegations one-by-one yes- _ tional real estate and just the have been receiving is the Prime
terday, Mr Bethel, who is pres- _ existing film studios. Minister’s statements in the
ident of the Nassaubased Mon- Meanwhile, Mr Bethel said press. The Prime Minister’s —
regulatory
consolidation
FROM page 5B |



|

The Government has to
date appeared to be leaning
in favour of the UK FSA
model, and Mr Laing said:
“We have done things, and
that has led to administra-
tive gains in consolidation,
but the legislation to bring
it about.- whether it’s a
one-pronged or two-
pronged model - requires
some insight that we may
not necessarily have.”

Mr Laing said that while

The following persons are asked to contact

STOR-IT-ALL OF NASSAU, LIMITED

in connection with items left in storage:

e ANDRA FERGUSON-BROWN ¢ INGRID HAMILTON

ted, bringing financial , |
services regulators together - DONNA HIGGS » CRYSTAL GLINTON
Fee ce aea: » DAMON CUMMINGS * TANYA MOLLER
aid ctl function as if * SHAWN SMITH *SIMONNE BOWE.
they were independent * CORY FARQUHARSON

supervisory bodies. * CARDELL BODIE

It was for this reason that Ke
outside expertise was being
sought. .

The Government has
moved to kick-start the reg-
ulatory consolidation.
process, at least from 2
physical perspective, wit!



All rentals must be paid and items removed no later than October 24th, 2008

Smile | Wa






the Registrar of Insane iA : :
j e f ge RE OE SAS ‘
oe incune ato. mere "Fhe Haberdashery for Gentlemen’
the Secunties Conmision LT a aay __ Tel:326-1569 Fax:326-1570

the Securities Conmision

off Shirley Stree! Telephone: 393-0964

ea hOCATION: ROSETTA STREET

AMY SERENA





















SOCIETY OF THE
‘BAHAMAS

Invites You to Our:

ANNUAL AWARDS CEREMONY AND
CFA PROGRAM INFORMATION EVENING

CFA



Public Utilities Commission

is Sak O45)

‘ELECOMMUNICATIONS ACT (Ch. 304)
Fa SECTION 66) ser

| NOTICE OF PUBLIC CONSULTATION : ) )
“AN INTRODUCTION TO THE CFA (CHARTERED

DISPUTE RESOLUTION PROCEDURES TOPIC:
The Pubic Utilities Commission (PUC) in exercise of its powers and functions under FINANCIAL ANALYST) PROGRAM AND . THE
Section «(5) of the Telecommunications Act (Ch. 304) gives notice that it is conducting ~ EDUCATION REVIEW COURSE”
a Public Consultation on DISPUTE RESOLUTION PROCEDURES between :
4" O¢ober and 10° November, 2008. The purpose of the Public Consultation is ; ‘ | th :
- for the JUC to set out a framework and the methods by which it proposes to undertake DATE: E rida October 24” 2008
' to resove telecommunications-related disputes between licenced service providers. — oe Se aes
ie Gaeta rds : TIME: 6:00 p.m. Cocktails and Hors D’Oeuvres
The PIC invites and welcomes comments and submissions from members of the 6:30 Pr . ;
public licenced service providers and other interested parties on its consultation 30 p.m. Presentation
docurent on Dispute Resolution Procedures. After the public consultation closes,
the PJC will issue a Statement of Results on the public consultation. PLACE: Governors Ballroom “A”
Persas may obtain copies of the public consultation document either in: . British Colonial Hilton ;
eat: : One Bay Street
(1) .n printed booklet from the PUC Office, Agape House, Fourth Terrace East, y
off Collins Avenue, Centreville, Nassau; or ) ;
7 GUEST SPEAKER: Charles W. L. Deale, Head of Society Relations
(2) By downloading it from the PUC Website a www.pucbahamas.gov.bs. CFA Institute, Charlottesville, Virginia
Perons may send their written submissions or comments on the public consultation a i
doament to the PUC either: COST: Complimentary -
(a’ By hand, to the PUC Office, Agape House, Fourth Terrace East, off Collins RESERV ATIONS: PRE-REGISTRATION REQUIRED

Avenue, Centreville, Nassau; or

Contact: Jeremy Dyck, CFA
jeremy.dyck@lom,com
Telephone: 323-0032

By mail, to the Executive Director, Public Utilities Commission, P.O. Box
N-4860, Nassau, Bahamas; or

By fax, to (242) 323-7288; or




The Chartered Financial Analyst (CFA®) Program is a globally recognized
standard for measuring the competence and integrity in the fields of portfolio management
and investment analysis. Three levels of examination verify a candidate's ability to apply
the fundamental knowledge of investment principles across all areas of the investment
decision-making process.

The next examination date is June 6, 2009 and the final registration and enrollment
date is March 16, 2009. We encourage all interested persons to attend the information
evening to learn more about the CFA Program.

The CFA Society of The Bahamas, will present a brief outline of the CFA Institute,
and the local society, Special Guest Speaker, Mr. Charles W.L. Deale, Head of Society
Relations, CFA Institute will provide an outline of the CFA Program and present the
charters to the new CFA Charter holders. The Education Committee will provide a brief
outline of the 2008-09 Education Programs planned for Level I, I, and 11 candidates, A
O&A Panel Session will follow the presentations,

‘By e-mail, to info@pucbahamas.gov.bs

| The deadline for receiving submissions and comments is 5:00 PM on 10th November,
2008. f ‘

j; Dated 6 October, 2008
f

Hi Michael J. Symonette
Executive Director
Public Utilities Commission
Agape House
Fourth Terrace East, Centreville
P.O. Box N-4860
Nassau, Bahamas.

Fax: (242) 323-7288

E-mail: info@pucbahamas.gov.bs


» 4

-. VEGETABLE/CORN

PAGE 8B, THURSDAY, OCTOBER 23, 2008

(Your Bahamian Supermarkets’ =

NOW ACCEPTING .

_aethiis

The Batomien Credit Cord Ch \E

ARMOUR REGULAR

VIENNA
SAUSAGES

LIBBY’S WHOLE
KERNEL

MACARONI

Or Sliced

14.75 oz.

S “a =

CAMPBELLS _ MUELLERS
SUPERIORE READY CUT

SPAGHETTI W/
recreate Mupeeraiee

NESTLE
PURE LIFE

ONOLES: | DRESSINGS S

416 oz oe 30 pk

oe ~~ MAHATMA

LONG GRAIN/

CIM "Rice

5 Ib

FLOUR

TMURRAY VANILLA ©

WAFERS

11 oz

CAMPELLS \
HEALTHY CHOICE

SOUPS

15 oz.

eS

TOWELS

dL

PINE-SOL
ALL PURPOSE

CLEANERS

28 oz.

s

& CHEESE ae Kk

ROBIN HOOD

/ ISLAND QUEEN

GREEN.
PIGEOK |
PEAS (

15 Oz

SHURFINE |
TALL KITCHEN |

BAGS




AR-S
UMBO
HICKENW
. MEAT |

RANKS”

CHICKEN
RUMSTICKS &












tl

PICNIC |
PN te




‘SPARERIBS

10-ib Box





IKSTONE, 8 oz. “HEALTHY CHOICE, Asst’d., 10 oz.

JR CREAM. M2 19 STEAMERG............... $4.69
XY; Sliced, 10 oz. _ hi GREEN GIANT, Asst’d., 10 oz.
SESE... 2183. 00 FROZEN |

| VEGETABLES. pee cas $2.29
Â¥: DELIGHT, 64 oz. ha
‘ORNIA/CITRUS NESTLE GOLD EDITION, 64 OZ .
MOM ccccccccciecct $2. 99 ICE CREAM... $7.99

OSCAR MAYER





Sa "Bans JUMBO/BEEF

a U
OTTO. : BUN LENGTH/
ALAME BACON FRANKS—

p29 4° 99

WHOLE

RESH BAKED
POUND. ROTISSERIE
CAKES CHICKENS



SWEET RED
SEEDLESS

GRAPES

‘iOMAIN
HEARTS

3 pk



THE TRIBUNE

THURSDAY, OCTOBER 23, 2008, PAGE9B

CARIBBEAN REGIONAL TECHNICAL
ASSISTANCE CENTRE
(CARTAC)

&

CARIBBEAN FINANCIAL ACTION TASK FORCE |

-(CFATF)
CONFERENCE ON
“PREVENTION OF MONEY LAUNDERING &

TERRORIST FINANCING AT CASINOS &
REMOTE GAMBLING VENUES”

27TH - 29TH OcTO!

- woven NASSAU RESORT, NA

The conference will be officially opened by Hon. Zhivargo Laing, Minister |
of State for Finance and will feature fourteen (14) public and private'sector |
speakers from around the world exploring examination techniques, |
investigative practices and legal & regulatory frameworks to ) prevent money

laundering at casinos and internet gambling venues.

The Financial Action Task Force (FATF) Working Group for the Prevention
of Money Laundering and Terrorist Financing at land and internet-based |
casinos will debut the Risk-based Approach Guidelines for the Casino
Sector adopted by the FATF last week. .

Speakers include representatives from the Antigua & Barbuda Financial |
Services Commission, AUSTRAC, the Bahamas Compliance Commission,
FinCen, Gaming Associates Group, IIGC Ltd., NFC Global, parainine
Plc, Spectrum Gaming Group, the U.K. Gaming Commission, the U.S.
Internal Renevue Service, William Hill Ple and World- Check.

The conference agenda can be found at the CARTAC website:
www.cartac.com.bb

For further information, contact:

Therese Turner-Jones
tturnerjones@imf.org

‘Calvin Wilson
calvinwilson@cfatt. org

Howard Edmonds 1 :
hedmonds@imf.org



. BED BATH & HC HOME

AMPS ¢ @ : 8 &. .. BLENDERS
RUGS, ©“ PP, T es BAKEWARES-
TOWELS: | . ie WALL CLOCKS
SHEED*SETS.
TABLECLOTHS"

WALE PICTURES
LGLURE FRAMES

< PLUATWARE-SETS

ai COOKWARE SETS
"GLASSWARE SETS

|. DINNERWARE SETS

SHOWER CURTAINS
BATHROOM AC( ESSORIES

SALE STARTS

MONDAY OCTOBER 20th - SATURDAY OCTOBER asth

Located: Harbour Bay Shopping Center —
Ph: 393-4440 or 393-4448










PAGE 10B, THURSDAY, OCTOBER 23, 2008

THE TRIBUNE





INVESTMENT OPPORTUNITY

MISCELLANEOUS PROPERTIES




the sides and back.

left side.Painted white trimmed light agua.





side painted all white.

kitchen, living, dining room & carport. The land is on a gra

THE TRIBUNE,
October 23, 2008



Lot No. 181, Dorsetteville Bamboo Town

All that piece parcel or lot of land having an area of 5,000 sq ft, being lot # 181, of the subdivision known as Dorsetteville which is situated in the southern district of New
Providence located on this property is an approximately 25yr old single family residence comprising of approximately 1,162 sq ft & consisting of 2-bedrooms, 1-bath,

de and level; the site appears to be sufficiently elevated to disallow. the possibility of flooding during heavy
rainy periods. The grounds are fairly kept with improvements of concrete parking area & concrete walkways around the premises. The yard has chained linked fencing at

Appraisal: $149,016.00

Traveling East Street South, turn right at porky’s service station [Victoria Blvd]. Take the 4th corner on the right (Raynell Drive) the subject property will be the 4th on the



Lot No. 180, oral Harbour Waterways, Coral Harbour

All that lot of land having an area of 12,150 sq ft, being lot # 186, of the subdivision known as Coral Harbour Waterways, situated in the western district.of New Providence.
Located on this property is a single family residence comprising of approximately 2,482 sq. ft. of enclosed living space consisting of 3-bedrooms with closets, 2 bathrooms,
kitchen, living, dining, family & utility rooms with office (loft), the residence is also equipped with 2-car garage with electronic doors the land is on a grade and level; the
site appears to be sufficiently elevated to disallow the possibility of flooding during heavy rainy periods.

Appraisal: $427,726.80

take coral harbour road from the round about, head straight toward the canal, take about the 3rd right, hopkins drive. the subject property will be the 1st house on the right.

«

. 4 % . i

This property is situated in Eleuthera Island Shores.



Eleuthera Island Shores Subdivision LOT NO. 1, BLOCK NO. 45, - ts
SECTION E, ELEUTHERA ISLAND SHORES

All that piece parcel or lot of land having an area of 9,644 sq. ft. being lot #1 in block 45, Section “E” in the subdivision called and known as Eleuthera Island Shores

Subdivision, situated in the vicinity of Hatchet Bay Harbour, on the island of Eleuthera, one of the islands of the Commonwealth of The Bahams. This site encompasses a’

two storey building which is approximately 14 yrs old and.is abandoned. There is a wooden landing approximately 7’-4” wide by 20?-0” on the upper level, approximately

1,610 sq. ft. of enclosed living space, with 3-bedrooms, 2-bathrooms, front room, dining room, den, kitchen, and utility room. The wooden porch on the upper level is -
approximately 148sq. ft. There is also a water cistern under the dining room floor area. All utilities and services available. :

Appraisal: $151,007.00

KENNEDY SUBDIVISION (NASSAU)

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

Appraisal: $188,406.00

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



DUNDAS TOWN (ABACO)

3 two bed, 1 bath fourplex 9,000 sq. ft., lot no. 18b
with an area for a small shop. Age 12 years the land
is a portion of one of the Dundas Town Crown Allotment
parcels stretching from Forest Drive to Front Street,
being just under a quarter acre in size and on the
lowside. A ‘concrete block structure, with asphalt
shingle roof and L-shape in design with a total length
of 70x26 ft, plus 50 x 22 ft., 2,920 sq. ft., the interior
walls are concrete blocks, ceiling is sheet rock and
the floors of vinyl tiles. f

Appraisal: $265,225.00



LOT NO. 12, BLOCK 3, MILLAR’S HEIGHTS
All that lot of land having an area of 7,500 sq. ft., being lot
42, of the subdivision known and designated as Millar’s
Heights, situated in the Southwestern district of New
Providence, Bahamas. This property is comprised of a 25
yr old single family tesidence consisting of approximately
2,375 sq. ft of enclosed living space with three 2-bedrooms,
4-bathroom, living/dining rooms, and kitchen apartment
complex. The land is on a grade and level and appear to
be sufficiently elevated to disallow the possibility of flooding



kept, with improvements including parking area, walking

pathway and low shrubs. The yard is enclosed with chain linked fencing at the back and southern sides.
j Appraisal: $239,500.00 :

Traveling. west on Carmichael Road, enter West Avenue, on the South side immediately after Topps Laundromat. Take

first right which is Wimpole St., go around the curve on the left which is London Avenue, traveling south on London

Avenue the subject property is the 9th building on the right before the T, Junction (high street) the subject building is

an L shape triplex, painted green, trimmed white.

Bogue North Eleuthera. All utilities and services available.

i \





during annual heavy rainy periods. The grounds are fairly .



Lot No. 3 Yamacraw , Beach: Estates
All that lot of land having an area of 10,000 sq ft, being
lot no. 3 in Yamacraw Beach Estates, in the said subdivision
situated in the eastern district of New Providence Bahamas.
Located on the subject property is a single-storey triplex .
building comprising of 3 units with two 2-bedrooms, 1-
bathroom, living, dining, kitchen apartments.unit and one
unit being used as a barber and beauty salon. the land
is on a grade and level; however the site appéars to be
sufficiently elevated to disallow the possibility of flooding
during annual heavy rainy periods of the year.
: Appraisal: $313,016.00 © 5
i=: : Traveling south on Fox Hill Road, go pass Yamacraw
Hill Road and Joe Farrington Road. The subject property is located on the left hand side of Fox Hill rodd painted
white trimmed brown. :

2

Dorsetteville, Bamboo Town

; i :

Investment Opportunity Must Sell Lot No. 51
All that lot of land having an area of 5,000 sq ft, being lot no. 51,
of the subdivision known as Dorsetteville, the said subdivision situated
in the southern. district of New Providence Bahamas. Located.on
the subject property: is a structure comprising of an approximately
20yr old duplex apartment comprising of approximately 1,641
sq. ft. of enclosed living space which includes two 2-bedrooms, 1-
bath, kitchen, living & dining rooms units. and an approximately
9yr old one bedroom. apartment building comprising of 382'sq.
ft. with bath, kitchen, living/dining room. the land is on’ a ‘grade
and level; the site appears to be sufficiently elevated to disallow
the possibility of flooding during annual heavy rainy periods of the
mean year. The grounds are fairly kept with improvements of concrete
parking are & concrete walkways around the premises. The yard is enclosed with chained linked fencing at the sides
and back. ‘ 25
Appraisal: $202,225.40 ‘ : ;
Traveling south on East Street from Soldier Road, turn right at Porky’s Service Station [Victoria Blvd]. Travel pass the third
corner on the left, the subject property will be the 9th on the left side. Painted green trim white.





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

ELEUTHERA - LOT NO. 90-D, LOWER BOGUE
i

All that piece parcel or lot of land containing 42,616 sq. ft. and being Lot # 90-D on a survey plan situated in the settlement of Lower Bogue on the island of Eleuthera,
this site encompasses a commercial building consisting of a restaurant and disco that is approximately 13 yrs old, with a total sq. ft. of approximately 4,852.12, which
includes male & female rest rooms, stage area, 2-dressing rooms, dining room, commercial kitchen and storages inprovements also includes a 660.4 sq, ft, front veranda,
752 sq, ft, concrete walk-ways, and 192 sq, ft, back porch. This building is central air-conditioned. : ‘

Appraisal: $490,671.00

This property is situated on the western side of the main Eleuthera Highway & approximately 2,219 ft. northerly of Four-For-Nothing Road, in the settlement of Lower

VACANT PROPERTIES



‘ : ; MUTTON FISH POINT NORTH ELEUTHERA ; :
All that piece, parcel or lot of vacant land containing 44,714 sq. ft., and designated “E” which forms a.portion of land known as “Mutton Fish Point” situated about two miles northwestward of the settlement of Gregory Town on the island of
Eleuthera, one of the islands of the Commonwealth of The Bahamas, and is bounded and.abutting as follows:- Northwardly by the land now or formerly the property of Coridon Limited, and running thereon for a distance of 393.13 hundredth ft.;
outwardly by a 30’ wide road reservation and running thereon for a distance of 402.57 hundredth ft; eastwardly by the main Queen’s Highway and running thereon for a distance of 109.73 hundredth ft; westwardly by land now or formerly the
property of Caridon Limited and running thereon for a distance of 110.75 hundredth ft. this property having an area of approximately 44,714 sq. ft. this neighbourhood is zoned commercial/residential development and is quiet, peaceful and has

a topography of approximately 2 ft. with all utilities and services available.

ISLAND HARBOUR BEACH, EXUMA

_All that parcel or lot of vacant land containing 10,000 (80’X 100’) sq. ft. being Lot No. 9, Block 2, Island Harbour
Beach Subdivision situated the western most portion of the Hermitage Estate, Little Exuma Bahamas. The -
property is located on an unpaved road known as Stocking Road. The property also has a commanding view

of the ocean.. : 3
Appraisal: $80,000.00

RAINBOW SUBDIVISION LOT NO. 3, BLOCK 27
All that vacant lot of land having an area of approximately 14,052.59 sq. ft. being lot no. 3, block 27, section
b, of Rainbow Subdivision with residential zoning. This;property is bounded about 103.44 ft north by Queens
Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Circle. 139.91 ft West. Alll utilities and
services available. :
; Appraisal: $40,328.00

: MUTTON FISH POINT NORTH ELEUTHERA
All that piece, parcel or tract of land containing 1 acre situated about two miles northwestward of the settlement
of Gregory Town on the island of Eleuthera, one ofthe islands of the Commonwealth of The Bahamas, and is
bounded and abutting as follows:- Northwestwardly by the main Queens Highway and is running thereon for a
distance of 125.462 feet northwestwardly by the land now of formerly the property of Coridon Limited, and
running thereon for.a distance of 390.274 hundredth ft.; southwestwardly by a 30’ wide road reservation and
running thereon for a distance of 128.128 hundredth ft; southeastwardly by the land now or formerly the property
of the Venor and running thereon for a distance of 322.955 hundredth ft. This property having an area of
approximately 44,847.76 sq. ft. This neighbourhood is zoned commercial development and is quiet and peaceful
with a topography of approximately 2 ft. with all utilities and services available.

APPRAISAL: $51,421.00

This lot is vacant land and is located in the area known as “Mutton Fish Point”

APPRAISAL: $51,421.00

LOT NO. 10B, PALMETTO POINT
All that piece, parcel or lot of vacant land containing 9,000'sq. ft., and being Lot No. 10B situated North of
Ingraham’s Pond and Eastwardly of North Palmetto Point, on the island of Eleuthera, gne of the islands of the
Commonwealth of the Bahamas, and is bounded and abutting as follows:- on the north by Lot No. 3B and
running thereon for a distance of (90) ft; on the East by Lot No. 11B and running thereon for a distance of (100)
ft; on the south by a.20’ wide road reservation and running thereon (90) ft on the west by Lot No. 9B running
thereon for a distance of (100) Ft, the said Lot is overgrown with shrubs and is in close proximity of a white sandy
beach. This neighborhood is zoned residential development and is quiet and peaceful with a topography of
approximately 50ft and because of this there is no danger of flooding. The area is approximately 80% developed
with all utilities and services available.
APPRAISAL: $72,000.00

MUTTON FISH POINT NORTH ELEUTHERA :

All that piece, parcel or lot of vacant land and improvements containing approximately 44,587 sq. ft. and
designated “F” which forms a portion of land known as “Mutton Fish Point” situated about two miles northwestward
of the settlement of Gregory Town on the island of Eleuthera, one of the islands of the Commonwealth of The
Bahamas, and bounded and abutting as follows:- Northwardly by the land now or formerly the property of
Coridon Limited, and running thereon for a distance of 383.56 hundredth ft; southwardly by land now or formerly
the property of Caridon Limited and running thereon for a distance of 393-19 hundredth ft. eastwardly by the
main Queen’s Highway and running thereon for a distance of 113.40 hundredth ft. westwardly by land now or
formerly the property of Coridon Limited and running thereon for a distance of 113.40 hundredth ft. this
neighbourhood is zoned commercial/residential development and is quiet, peaceful and has a topography of
approximately 2 ft. with all utilities and services available.

: APPRAISAL: $51,276.00

Nae ime Mla ieee ela!

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com e Fax 356-3851

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THE TRIBUNF







ESTMENT OPPORTUNITY

MISCELLANEOUS PROPERTIES

THURSDAY, OCTOBER 23, 2008, PAGE 11B





THE TRIBUNE,
October 23, 2008

WINTON MEADOWS (Lot No. 382)

All that piece parcel or lot of land having an area of 8,300 sq. ft. being lot No. 382 situated in the subdivision known as Winton Meadows, the said
subdivision situated in the Eastern District of the Island of New Providence, Bahamas. This property is comprised of a 24 year old single family
residence with an attached efficiency (formerly the carport) consisting of approximately 2,675 sq. ft. of enclosed living area, front porch-198 sq. ft.,
back patio-380. The building is a two storey house. Besides the efficiency apartment, the house is comprised of 3-bedrooms, 3-bathrooms, inclusive
of a master bedroom suite upstairs. Foyer, front room, dining room, family room, powder room, utility room, breakfast nook and kitchen downstairs.
Climate control is provided by ducted central air conditioning, with air circulation enhanced by ceiling fans and other amenities. Quality of construction:
Average. Standard of maintenance: Average. Effective age: seven years (7) the land is on flat terrain; however the site appears to be sufficiently .
elevated to disallow the possibility of flooding under normal weather condition, including annual heavy rainy periods. The grounds are well kept, with
improvements including neatly maintained lawns with flowering trees, and a concrete garden/storage shed, which is located in the backyard. The yard
is enclosed along the sides with chain-link fencing, and concrete block walls that are topped with metal railings, and metal gates at the front and back.

APPRAISAL: $365,000.00

Traveling east on Prince Charles Drive, pass the streetlight at Fox Hill Road until you get to Meadows Boulevard, turn right onto Meadows Boulevard, go south and take the 4th left, then: 1st right. The subject house

is the 2nd house on the left side painted beige trimmed white.

patio.





The property is accessed by the main Queen's Highway.

LOT LOCATED STELLA MARIS, LONG ISLAND

All that lot of land having an area of 30,000 sq ft, more or less, having a 150 ft of road frontage & running back 200 ft at its most is located within the
Stella Maris Subdivision in North Long Island one of the Island of the Commonwealth of The Bahamas. Located on this property is a 6yr old split level
residence consiting of approximately 3,058 sq. ft. of enclosed living space with 2-bedrooms, 2-bathroms, living, dining & tv rooms, kitchen & breakfast
room, also a garage which serves as a laundry room. There is also,attached to the home a 10,000 gallon rain water holding tank & 1,202 sq ft of tiled

Appraisal: $658,000.00

HAMILTON’S, LONG ISLAND

All that piece parcel or lot of land and improvements situated in the settlement of Hamilton's in the Island of Long Island, and comprising of -
approximately 13,547 sq. ft. and is elevated approximately 7-8 ft above sea level. This site encompasses a 35yr structure. A simple style home
consisting of two bedrooms, one bathroom, kitchen, living and dining room. the home however is consisted of 2 separate constructions; 613.60 sq.
ft of concrete construction and 624 sq. ft of wooden construction all amenities are to the property such as electricity, water, cable and telephone. |

Appraisal: $67,000.00.



LOT NO. 359,
ELIZABETH
ESTATES

All that lot of land being Lot No.
359, in the subdivision known as
Elizabeth Estates situated in the
eastern district of New Providence,
Bahamas & having an area of
approximately 5,000 sq. ft. located
on.the subject property is a 22 year
old single family, residence
comprising of approximately 871
ae ; sq, ft of enclosed living space
_ consisting of 3-bedrooms, 1-bathroom, living, dining, kitchen & laundry room. The land is flat but

_ appears to be sufficiently elevated to withstand the annual rain fall. The property is landscaped & contains

low shrubs, flowering & fruit trees So





Appraisal: $123,425.00

Travelling east on Prince Charles Drive, turn through the main entrance into Elizabeth Estates —
‘Commonwealth Blvd, travel all the way to Thelma Gibson Primary School & turn right — St. Vincent
Ave. the subject property will be located on the next commer on the right side of Jamaica Ave & St. Vincent
_ Avenue painted all white.

ae BLACKWOOD, ABACO
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best
“use. It is ideally suited to single or multi-family development as is the nature of surrounding properties within the
community. The site may also serve well as a commercial site as the area remains un-zoned the property remains
largely in its original state. It is covered with low brush and broad leaf coppice vegetation intersperse with broad

strands of mature Yellow Pine indigenous to the area. The property is well drained and represents no immediate flooding
danger under normal conditions. ; bie :

- APPRAISAL: $219,354.40

‘The subject property is vacant and is situated at the Southeastern entrance of the Community of Blackwood, Abaco.
The property is undivided and comprises approximately 6 acres of a larger tract of land of approximately 26 acres.

. LOT NO. 6, BLOCK 2, MILLARS HEIGHTS

All that lot of vacant land having an area of 16,000 sq ft, of the subdivision known and designated as Millars Heights,

the said subdivision situated in the southwestern district of New Providence, Bahamas. This property is zonned multi
~ family / single family. The land is on a grade and level; however the site appears to be sufficiently elevated to disallow
_ the possibility of flooding during annual heavy rainy periods of the year.

APPRAISAL: $355,000.00

- Travelling west on Carmichael Road after passing Bamboo Shack and East Ave; make a left turn onto West Ave. The
_ Subject property will be on the left handside of the street enclosed with chain link fencing just before Wimpole Street

Lot B, Wilson Street, Rock Crusher

. All that lot of land having an area of 10,498 sq ft, being lot B, between the subdivision known as Rock
Crusher and in the vicinity of Perpall Tract situated in the western district of New Providence, Bahamas.
This property is zoned multi family/single family. Also located on this property is a structure comprising

of a duplex at foundation level under construction, and consisting of approximately 1,566 sq. ft. of enclosed
living space with a patio consisting of 270, sq. ft. the starter bars are in place and foundation poured.
Y psy
h

_ Traveling West on Farrington Road take a right after the P.L.P. headquarters, go about midways
through to Wilson Street, go though the corner all the way to the dead end. The property is located
behind the chain linked fence at the back of the yard. \

Appraisal: $97,214.00

NORTH ELEUTHERA HEIGHTS (ELEUTHERA)

Lot #20 approximately 11,200 sq. ft., and bounded on North by Early Settler Drive and South by Deal
Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses a foundation
with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured
as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly of the Bluff Settlement. The
said lot is vacant and a hill over looking the Atlantic Ocean.



Appraisal: $41,275.00

(LOT NO. 62, LOWER
BOGUE) ELEUTHERA

All that piece parcel or lot of land and
_ improvements, in the settlement of Lower
Bogue, North Eleuthera, being No. 62,
comprising of about 34,210 sq. ft., this
site encompasses a 12 year old single .
storney home comprisitig of 4 bedrooms, -
3 bathrooms, front room, dining, breakfast
room, kitchen and laundry room, with
a total living area of approximately
2,342.06. Property also includes a double
car garage, and front entrance with a total
sq. ft. of approximately 655.75. This
‘home is approximately 85% completed.



The property is well landscaped with crab grass, fiascos and some fruit trees.

Appraisal: $229,426.00.

This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.

Parcel of Land Dunmore Town,
Harbour Island

All that piece parcel or lot of land having an area of 10,070 sq ft, situated at Dunmore Town on Harbour
Island, Eleuthera, one of the Islands of The Commonwealth of The Bahamas. This site encompasses a
structure that is up to belt-course. The floor is not poured & is overgrown with bushes. The columns
are poured & the plumbing roughing is in place. This site is approximately 20% complete with a total
square footage of 2,000 sq ft. f ek

Appraisal: $134,630.00

This property is located in Dunmore Town, Harbour Island. This area is equiped with all utilities &
services available. . eet

Lot No. 1010 # 1011, Pinewood Gardens Subdivision

All that lot of land having an area of 10,000 sq ft, being lot # 1010 & 1011, of the subdivision known as
Pinewood Garden, situate in the southern district of New Providence, Bahamas. Located on the subject
property is a foundation of a proposed structure. the land is on a grade & level; however the site appears
sufficiently elevated to disallow flooding during heavy rainy periods.

Appraisal: $140,000.00

Travelling from East Street south, take Sappodilla Blvd then turn onto Pigeon Plum St heading south, the
subject property is located on the corner of Pigeon Plum & Cordia Street. :

Lot No. 1036 Garden Hills Estates

All that lot of land having an area of 5,989 sq ft, being Lot No. 1036 of the subdivision known as Garden
Hills Estates, a said subdivision situated in the southern district of New Providence, Bahamas. This property
is vacant land and is zonned residential - single family. The subject property is severely sloping downwards ~

Appraisal: $65,000.00

Travelling west on the East West Highway, take the 2nd entrance left into Garden Hills Estates next to Hillside
Mission Baptist Church, travel up the hill on Edelweis Ave to Orange blossom ave. mak a right on orange
Blossom Ave & the subject property is the 2nd on the left side.

Eleuthera - Lot No. 15, North Palmetto Point

All that piece parcel or lot of land containing 22,316 sq. ft. being a portion of a 25.166 acre tract “A” &
being lot # 15 in a development known as Spanish Main situated in the settlement of Palmetto Point on
the Island of Eleuthera, one of the Islands of The Bahamas. This area is complete with all utilities and

services available.
. Appraisal: $65,832.00

This property is situatedat Spanish Main just off the Bank Road North Palmetto Point South Eleuthera
district.

Lot B, Marigold Farm Road Allotment 67

All that lot of vacant land having an area of 1,173 acres and being referred to as the plot. the property is lot No. B and
is situated on Marigold Farm Road in the area known as Allotment 67, a subdivision situated in the south eastern district
of New Providence Bahamas. This property is zoned multi family.

Appraisal: $290,000.00 -
Traveling from Joe Farrington Road onto Marigold Farm Road heading south. The subject is th 2nd to last property
on the left hand side of the road near the pond.

For conditions of sale and other information contact

Philip White @ 502-3077 email philio.white@scotiabank.com or Harry Collie @ 502-3034 © email harry.collie@scotiabank.com ¢ Fax 356-3851

it ;




PAGE 12B, THURSDAY, OCTOBER 23, 2008 ~ THE TRIBUNE



INVESTMENT OPPORTUNITY
MUST SELL

NEW PROVIDENCE FAMILY ISLANDS

No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00 | ELEUTHERA
All that lot of land having an area | Lot #115 GOVERNMENT SUBDIVISION
of 30000 square feet, being lot) ai ICE TOWN, HATCHET BAY Appraisal: $101,023.00

Number 17 of the subdivision
known as Westridge Estates
Addition. Situate in the Western
tee District on the island of New
Providence.

Located on the subject: property is _
a newly con-structed single storey
structure comprising 6,000 feet of
living space with a three Car
Garage.

The building is 75% completed and
comprises five bedrooms, four and a half baths study, living/dining, family room,
kitchen, laundry and generator room.

Location: From SuperValue West Bay, take the road heading west into Westridge, take the first Located on this property of 5,500 squ are feet is a 20-year-old

corner on the Right, Westridge Drive. Subject property will be about the seventh on the right
fable ot tsoat : earabuerte! ? single family residence of approximately ‘1,635 square feet of

living space. Included in this home is three bedrooms, two
bathrooms, living, dining rooms and kitchen, The house is in need

Lot #18 BLOCK #27 VENICE BAY Appraisal $591,955.00 | of repairs.

A mulitfamily lot of 12,225 square feet comprising three structures. One :
complete unit at the front comprising 1638 and a porch of 200 square feet of COnCR SS aUeEneNRessDonRoaaocaoes La
living space. A middle structure (town house) of 1626 square feet of living fi Y

space thats 80% complete and the third building at the rear of the property up

to belt course comprising 1627 square feet. Each pulled bes two Bedrooms; isi
one bathroom, living and dining areas and SORE | PARCEL OF LAND, PALMETTO POINT
ELEUTHERA Appraisal: $112,105.00

kitchen,

Directions: Travelling West on Carmichael Road, turn onto All that piece, parcel or fot of land 2,743 feet East of the junction of the

Bacardi Road. Travel South past Millar’s Pond just before Palmetto Point road and main Eleuthera Highway containing 2.45 acres. This

; site encompasses a 28-year-old single storey concrete structure of»

Sreanuing ae S eae ‘ oe eae es ne i ae approximately 832 square feet of enclosed floor space inclusive of shop Space
passing the pon Hbiee is located on the Right side.o and restroom facilities.

the road. ;



BERGEE | ABE REE



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EXUMA

CASTELRAG ESTATES, LOTS 129 & 130 :
EXUMA HARBOUR SUBDIVISION Oppreiea!: $673, O75. 00

FRAAHKSRHMECHHMASSCRSEPAHKKAK MCE OSCHS

LOT No. 21B FRASER\ALLOTMENT . ©
OFF SOLDIERROAD Appraisal: $303,000.00

The. subject property
consisting of 8,400
‘square feet is
developed with a split
leveled home with 1925
square feet of floor area
on the ground floor, a
perch area of 437
square feet and second
floor area of 735 square
feet. The building is of : ; §
sound construction | The subject property is located on Kingway Road and is.
and completed in its | qayeloped with an area of 20,000 square feet. Situated thereon is

entirety. The ground floor comprises 2 bedrooms, one bath, a kitchen, dining and. |. : . vas ea Paras
family room. The second fioor comprises two bedrooms, one bath, HVING and a residence comprised of 3,645 square feet of Jiving







dining areas. accommodations, inclusive of 4 bedrooms, 2 baths, with laundry ;
Directions to property: Heading East on Soldier Road, turn left onto first paved road opposite | and utility spaces and a two bedroom one bath guest cottage of
Lowes Wholesale, 2nd to last house on the road with chain linked fence. 600 square feet, The property is fenced with white picket fencing
i senrcerecsevaneaseensoavcenecase cee ee ~| and has a Gazebo at the highest portion of the property, :
Lot 31 TWYNAM ESTATES _ Appraisal: $456,000.00 | : Y
A single family property : Bash ees ALC oL en euceU as eceuue gon cue

comprising 11,350 square feet.
Located on this property is an 71
year old single family two storey EXUMA

_ residence comprising 3,794 square
feet of living space. The lower BAHAMA SOUND #18

floor consists of living, dining and | Lots 17663, 17664, 1 7665 — : Appraisal: $220,180.00

| kitchen area. A stairway, bathroom ee
sand other public areas. The upper The subject property is being
floor contains two bedrooms, one | developed with a single family
bathroom, Master Suite inclusive | split level residence of CBS
ee ° : of bedroom, bathroom and balcony. | construction with 1956 square
Directions: Travelling East on Prince, Charles Drive, turn Right at Super Value Food | feet of living space. The top
Store. Proceed to the T junction. Turn left, then an immediate. Right. Property is | Foor comprises 1486 square
. located near the Dead End corner on the Right side of the road. feat and: the: lower fléer









PR CHOEHETER®EMEDHRDEREEREGHEDERS , i comprises 460 square feet. All.
‘i Rent ah plumbing and electrical rough. ie
LOT 238 SUN CLOSE Appraisal: $136,000.00 work. has been completed. The block work is completed on the
SUNSHINE PARK .. bottom floor with a portion of the upper floor completed.

Located on this 4,200 square
Feu. single/multi family :
property is a 20-year-old ; EXUMA - _ Appraisal: $170,047.00}} |
building of T-111 wood with.
concrete floor, consisting Pee ee DUPLEX in Lot #6625 Bahama Sound #8 East Exuma, Trapezium shaped

approxi-mately 2,198 square lot 35 ft. above sea level, 10,000 sq. ft. Single storey 10-year-old duplex.

: | es bed, 1 , kitchen, dining, livin om. and porch . Property is
feet of enclosed space. The eye ages kitchen, dining, living ro porch area perty i

structure was formerly used as
a retail store and storage
facility.



Shopping Centre, Baillou Hill Road. na For conditions of sale and any other information
Take the third corner on the Right after passing Farmer’s Market. Take the contact:

second Right then First right (Sun Close) subject is the fourth property on
the Right white trimmed black.
RARER AHODOROREDERGSESE SEH OERGORE ao HARRY COLE] E Gy 502-3034

LOT #1440 GOLDEN GATES E-mail harry.collie@scotiabank.com
- : o

Located on this 6,000 square feet a WHITE @ 502-3077

| property is a split level single family E-mail philipwhite@scotiabank.com

dwelling comprising four bedrooms,
two and a half bathrooms, living and
dining rooms, kitchen and TV room. :
: a Em Send bids to Fax: 356-3851 or P. O. Box N-7518
one bedroom apartments,

Directions: Take Carmichael Road heading west, turn corner opposite BFM Church, Cedar - Rosetta Street, Nassau, Bahamas baie

Way, then take first corner on the right, Tangerine Street. Subject will be about the second on
the right hand side of the road.

Appraisal: $335,000.00







THE TRIBUNE



INVESTMENT OPPORTUNITY
mm MUST SELL 2

FREEPORT

‘Lot 23A, Block KN, John Wentworth Avenue, Unit 1} Lot 14, Block 11

BAHAMIA NORTH SUBDIVISION
-FREEPORT GRAND BAHAMA Appraisal: $71

+ gc ay + 3

8,000.00







tim
Tif



Located on this Multi Family lot of 23,564 square feet are two incomplete
buildings. Single story Triplex of 3,502 square feet inclusive of Living and
dining area with full service kitchen three bedrooms inclusive of Master
bedroom and two bathrooms per unit.

SOLSSRTOSRMGHOSFTOSMSSRVSMROARSSVISH

‘Lot No. 37 BLOCK 33, CHURCHILL COURT,
BAHAMIA MARINA & BAHAMIA 4 SUBDIVISION,
FREEPORT, GRAND BAHAMA Appraisal: $337,000.00

$ : wet





All that. lot of land having an area of 16,533 sq. ft. being lot No. 37 of
subdivision known and designated as Bahamia Marina and Bahamia Section
4 Subdivision, Freeport,-Grand Bahama. Located on this property is a
structure comprising a 3 year old duplex .structure which covers
approximately (3,058) square feet. Apartment consisting of two 2-bedrooms,
2-bathroom with private Jacuzzi in master bath, spacious living and dining
room, full service kitchen, a laundry and utility room, foyer/hallway with linen
‘and storage closet. The property is fully secured by six foot plastic coated
chain-link fence runs along the side and rear and adjoins the painted 4 foot
wail, with 5 foot pillars at front with electronic gate.

S ERSSHSVSHRSSOR ISH CHSVLOSHVHKHIHVOSR

“Lot 96 HUDSON ESTATES Appraisal: $116,190.00

PPA



Located on this 72x102 feet property is a 16 years old single
family dwelling comprising 1,490 square feet of living space, This

includes, a living, dining and laundry room, kitchen, three

bedrooms, two bathrooms, a garage and entrarice porch.

ROERMPEHROEROGHHORRORHOEROOHBORRD

Lot 7 Block 8 - BAHAMIA SECTION IV
FREEPORT, GRAND BAHAMA

Located on the property of 1.08 acres
that. has been zoned for multifamily
development are four buildings: A, B,
C and D. Houses A and B are
positioned along the road and they
face each other.. Houses C and D are
located to the rear of the building and
are facing each other. The
constructions of Houses A and B are
just about completed, houses C and D
are incomplete. The lot is enclosed
‘with chain linked fence except along
the front where a concrete wall is
erected. A concrete driveway (also
used for parking and about the centre
of the fot) leads from the road and
} runs through the middle of the yard
separating House A and B.

.

Each building contains a total area of
two thousand and seventy-two (2,072)
square feet. Inclusive of the entrance
porch with an area of 182 square feet.

Each house contains an entrance
porch, living and dining rooms and
kitchen, - three bedrooms, two
bathrooms, a laundry area, adequate
storage and closet space.

the

Appraisal: $799,560.00

fi









THURSDAY, OCTOBER 23, 2008, PAGE 13B

FREEPORT

DERBY SUBDIVIS

‘Lot 14, Block 11
Subdivision.

subject property of

one bedroom, one bathroom,

rear entrances. © :




Lot 12B, Block. LN, Unit 2
BAHAMIA NORTH, FREEPORT Appraisal: $54,000.00

The property is located on Cadwallader Drive’ and has an area of
approximately 24,001.56 square feet. It is multi-family zoned.

Lot 67 Block 7
BAHAMIA WEST REPLAT |

Located on this .30 of an acre
property is a newly built 1,900
square feet of living’ space
single family dwelling com-
prising an entrance porch, four
bedrooms, two bathrooms and
kitchen; a living, dining;
powder and laundry room with
adequate closet and storage
space.

| Appraisal: $21 9,614.00

SHROSGCHROSHIOHEOSERSEROOEROSEROSH OOH

Lot 1, Block 8, SEA HORSE VILLAGE, BAHAMA

REEF YACHT & COUNTRY CLUB SUBDIVISION
FREEPORT GRAND BAHAMA Appraisal: $290,000.00

&
wd




SAAN

Situated on this property of 12,500 square fe
quadroplex apartment building containing two 2 bedrooms and 2

SN OH

bathroom units and two'1 bedroom, one bathroom units. Each unit |

contains foyer, living and dining area, laundry and kitchen.

Apt. 101 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND. BAHAMA Appraisal: $62,000.00



The unit is a one bedroom unit consists of a living and dining room,
bedroom, kitchen, and bathroom. There is a laundry room facility on
each floor, a common swimming pool, and fencing with an electronic
gate securing the perimeter of the grounds. The rear boundary of the
subject building is the Ruby Golf Course. The total living area is
approximately 897 square feet.

RIERVORSGOHROFRISEHMRLSHRISFR TSH SOERS
, :

APT 402 - FAIRWAY MANOR CONDOMINIUMS
FREEPORT GRAND BAHAMA— Appraisal: $62,000.00



The unit consist of two bedrooms, 2 bathrooms, Lot 4, Block GN.

Edward Birch Court, Bahamia North.

FOR CONDITIONS OF SALE AND ANY OTHER INFORMATION CONTACT:

HARRY COLLIE @ 502-3034 —- E-mail harry.collie@scotiabank.com or




PHILIP WHITE @ 502-3077 - E-mail philipwhite@scotiabank.com
sor FO ee Need 3 ° Rosetta Street, Nassau, Bahamas)

.385



| Send bids to Fax: 356

ION, FREEPORT Appraisal: $112,680.00;
Derby,
Located on the}
11,250 §
square feet, is an incomplete |
‘single storey single family}
house of approximately 1,008 |
square feet of enclosed living |
space, The space consist of}




living, dining, kitchen. There j
are porches at the front and}

f





et is a 36-year-old |


PAGE 14B, THURSDAY, OCTOBER 23, 2008

ee

FROM page 1B
Government, with the consor-
tium saying it could be opera-
tional within 12-18 months once
all approvals and financing is in
place. It will be financed entire-
ly from the private sector.

The project aims to generate
30 megawatts (MW) of elec-
tricity per day on New Provi-
dence from its waste-to-energy
conversion and supply this to
BEC.

Bahamas Renewable Energy
Resources said the plant could
produce multiple forms of ener-

gy. Apart from the direct ener- .

dy supply into BEC’s existing
transmission grid, it could also
develop bio-gas or synthesis gas

for BEC’s existing turbines, or
bio-oil for the Corporation’s
existing diesel generators.
Alternatively, the gas could
also be used to produce ethanol
for use in the Bahamas or
export. f
“Tt is our energy. Waste is our
oil,” Ms McKinney told Tribune
Business. “We will no longer
have dollars going out of the
country to buy oil. It’s sucha
win-win.”
She added that the Bahamas
Renewable Energy Resources
project could lead to “millions
of dollars coming back in” to
this nation, through saving valu-
able foreign exchange reserves
on oil imports and carbon cred-

Legal Notice
NOTICE

CHERBFORD HOLDING S.A.
In Voluntary Liquidation

Notice is hereby given that in accordance with Section
138 (4) of the International Business ‘Companies Act,
2000, CHERFORD HOLDING S.A. is in dissolu-
tion as of October 21, 2008. ae

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

;

LIQUIDATOR



. CARIBBEAN CENTER FOR CHILD
_ DEVELOLPMENT

The Caribbean Center for Child Development would like to
invite applications from qualified and experienced candidates
for the following vacancy, with immediate effect. Candidates
should hold the following qualifications including an’
education/teaching certificate .

Teaching specialist in communication disorders: Position
duties include the selection of assessment tools and evaluate
children for speech/language delays and oral motor/feeding
difficulties. Design and implement a treatment plan according
to the needs of the children. Be able to provide training to the
child’s family and school-based staff. See

Position Requirements: Masters degree or higher in speech-
language pathology, teacher certified, board certified, five years
experience working with disabled children in the school
environment, training in working with children with an autism ~
spectrum disorder and children who are hearing impaired.
Fluency in sign language a plus!

Teaching specialist in occupational therapy: Position duties
include providing therapy services to children from birth to 21
years of age. This individual performs evaluations, planning,
intervention to a variety of children with disabilities including
developmental delay, sensory integration dysfunction, cerebral
palsy and children with autism spectrum disorders. ns

Position Requirements: Bachelors degree of higher in
occupational therapy/physical therapy, teacher certified, board |
certified, five years experience working with disabled children
-in the school environment. Specialized sensory integration
training a plus! ;

All interested candidates should apply as set out below by
letter, email or fax (864-5427) as soon as possible. Applications
| MUST include the following:

letter of application
a personal statement
a full curriculum vitae,

_ either the names, addresses, telephone numbers, fax and
email numbers of three people who may be approached for
confidential professional references or the name and address
of the recruiting agency from which the candidate's
confidential dossiers may be obtained.

Information on.the position being offered may be obtained from
the undersigned.

Michelle Major-Sanabria, Ph.D., NCSP
Clinical Director

Caribbean Center for Child Development
28 Harbour Bay Shopping Plaza
Harbour Bay Medical Center

Box $S-19407

Nassau, Bahamas

Email: mmajor@childproviderspecialist.org
Applications from unqualified candidates, applications arriving

without the full information requested, or applications received
after November 5th will not be considered.





sy plant’s ‘millions’ in °

its.
Ms McKinney explained that
the plant’s precise financial
earnings could only be worked
out once a power supply agree-
ment was concluded with BEC,
the group having submitted to
the Corporation a ‘price per
kilowatt hour’ that it proposed
to sell its waste energy at. Nego-
tiations over carbon credits, and
who derived benefits from
them, would also have to be
conducted.

Apart from Ms McKinney
and Waste Not, the group’s oth-
er shareholders include other
Bahamian waste industry par-
ticipants, including Henry Dean,
of United Sanitation, and
Wellington Rolle of Impac.

Some 90 per cent of Bahamas

Renewable Energy Resources’

equity will be held by Bahamian
investors, with a small share-
holding retained by its technol-
ogy partner, Carbon Sequestra-
tion, a firm with 36 years’ expe-
rience in alternative energies.
Bahamas Renewable Energy
Resources’ directors include
Bennet Atkinson, an accoun-
tant who also sits on FamGuard
Corporation’s Board; well-
known financial adviser Larry

Gibson, vice-president of pen-
sion services for Colonial Pen-
sion Services (Bahamas); con-
tractor Thomas Whitehead;
banker Bruno Roberts, a for-
mer Bahamas Financial Services
Board (BFSB) chairman; and
Larry Smith.

The Bahamas Renewable
Energy Resources proposal, like
the other two waste-to-energy
projects disclosed exclusively
by Tribune Business this week,
aims to tackle two of the main
problems facing the Bahamas’
future - solid waste disposal (the
environment) and energy gen-
eration (economics).

In its June’ 2008 concept
paper, Bahamas Renewable
Energy Resources said that out
of the 300,000 tonnes of solid
municipal waste. produced

annually in the Bahamas, some ©

75 per cent or 225,000 tonnes
was produced in New Provi-
dence.

“All of this waste currently
goes into the Harrold Road
landfill, which poses health haz-
ards, occupies valuable space
and is expensive and unpleas-
ant to operate,” Bahamas
Renewable Energy Resources
said. ;

LEGAL NOTICE

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT

(No.45 of 2000)
In Voluntary Liquidation



Notice is‘ hereby given that in accordance with Section
138 (4) of the International Business Companies Act,
(No.45 of 2000), PASADENA SERVICES LTD, is in
dissolution. Mrs. Alrena Moxey is the Liquidator and
can be contacted at Winterbotham Place, Marlborogh
& Queen Street, Nassau, Bahamas. All persons having
claims against the above-named company are required
to send their names addresses and particulars of their
or claims to the Liquidator before 9th day of November,
2008.





~ PHONES: LOCATIONS

“Each ton.of solid waste
emits one ton of methane, a
powerful greenhouse gas that
fuels toxic underground fires
and contributes to climate
change. 5

“Leachates from the landfills
can infiltrate and poison
groundwater reserves. Huge
quantities of discarded tyres are
breeding grounds for disease
vectors like mosquitos. And the
garbage simply builds up in the
landfill without serving any use-
ful purpose.”

To solve this, the group’s con-

_ cept document said: “Bahamas
Renewable Energy Resources
solution will turn waste into
resources, produce no harmful
emissions, divert waste from
landfills, run on the energy it
generates and recover 100 per
cent of recyclable materials - all
invaluable benefits to the envi-
ronment and public health.......

“Requirements for success
are exclusive access to the New
Providence waste stream for a

‘period of 20 years, an accept-
ably-priced power or fuel pur-
chase agreement with BEC, an
acceptably priced potable water
purchase agreement the Water
& Sewerage Corporation, the
provision of land for a waste
processing facility at Harrold
Road, plus the waiver of import
duties and taxes on plant mate-
rials and equipment.”

Ms McKinney yesterday
explained that the thermal con-
version process and use of heat
could, as a byproduct, create
some 2,300 gallons of potable
water per minute through
reverse Osmosis.

This water could then be sold
to the Water & Sewerage Cor-

poration and help meet New -

Providence’s 10 million gallon-
per-day demand for fresh water.
With the barging operation
‘from Andros being phased out,
and the Water & Sewerage Cor-
poration being desalinated
water from independent
providers, some seven million
gallons of that amount was now

being supplied by reverse osmo- *

sis plants.

Bahamas Renewable Energy
Resources said in its concept
paper that due to the high water

THE TRIBUNE

Triple Bottom Line’ benefits

table in the area, which was
between three to 10 feet below
the surface, there was limited
scope to excavate and increase
the depth at the 100-acre Har-
rold Road landfill:

By “taking on the cost and
burden of solid waste manage-
ment in New Providence”,
Bahamas Renewable Energy
Resources is proposing to save
the Government some of the
$164 million in recurrent spend-
ing that was pumped into the
Department of Environmental
Health Services (DEHS) in the
2007-2008 Budget.

The DEHS collects 70 per
cent of the 230,000 tonnes of
municipal solid waste generated

on New Providence every year, ©

with the remaining 30 per cent
collected by the four private
sector carriers.

And then there was the oil
price. With global crude oil
prices at $130 per barrel when
its paper was produced,
Bahamas Renewable Energy

‘Resources said: “Since electric- ~
ity in the Bahamas is produced -

by oil-fired generators, the
country’s fuel bill represents
one-sixth (about $1 billion) of
GDP and oil supplies must be
secure to keep the economy
running.” —

Ms McKinney said the

group’s proposed project'would ”

£51
Ci E
206
DOD

/

sid
ort
988
ft fi
Wolk
511
OW
nob

“start to create other industries” °

around it via the materials it
recycled.
~ Apart from saving on the hills
and soil cut down to cover the
daily landfill deposits, she
explained that glass, metals and
other green waste would be
sorted and handed to appropri-
ate recycling firms. -
Bahamas Renewable Energy
Resources planned to partner

viol
ti
M99
26W.
vt io}
HOG

Le

j ao
16 ih
1 fil
uol

with Bahamas Tyre Recycling '

Company to reduce the 400,000
discarded tyres per annum to
rubber mulch, which had a vari-

ety of uses, including “feed- —
stock” for a waste-to-energy

fay

plant.
A partnership would also be
forged with Green Systems to
separate and compost all plant
waste, providing farmers with
top soil and removing a major
source of greenhouse gas.

- NOTICE »

FEH,INC. _

323-4153 Bahama Avenue opposite third street
322-5528 East Street South Sir Charles Hotel
324-6413 Prince Charles Drive Careys Shopping Centre











ee

Men Shoes up to 70% Off
Boatman, Tommy etc. —

1 Jeans Starting @ only
$19.99 2 for $30.00 _
acial (Big Men) Jeans
* brand 40% Off

Night Dresses 4
ust $20.00

: nly $21
dren Over 12: $10.00






seretenesnssasacenecnitiiiy

PACORA LOR COPRCSL AERA LISAIDA IAA

ite



Po

1.00



30 A tists + Sample 56 wines!



Pursuant to the Provisions of Section 138 (8) of the
International Business Companies Act 2000 notice
is hereby given that the above-named Company has
been dissolved and struck off the Register pursuant
toa Certificate of Dissolution issued by the Registrar
General on the 14th day of October, 2008.

Lynden Maycock

Liquidator
of

FEH, INC.

| NOTICE |

INTERNATIONAL BUSINESS COMPANIES ACT, 2000
(No.45 of 2000)



In Voluntary Liquidation

Notice is Hereby, given that in accordance with Section 138 (4) of the

International Business Companies Act 2008, ALCA HOLDINGS
LIMITED is in dissolution. Mr Ian Ledger is the Liquidator and can
be contacted at Villa Graziella, 17 Avenue de la Costa MONACO. All
persons having claims against the above-named company are required

to send their names, addresses and particulars of their debts or claims



Tan F, Ledger
Liquidator

to the Liquidator before 21st day of November, 2008.





| WINES & SPIRITS



Od

ab

SANS REPRE weenie tesa sas tases rasan

RTT

EY ERS SRNL EIA TTS

ise

SPREE ENE RAAT EAI LEIDER LLIN LESTER

RN Tt

—

EERO
THE TRIBUNE

ae

Stock markets plunge o

@ By ELLEN SIMON
AP Business Writer

NEW YORK (AP) — World
stock markets sagged again
Wednesday as a barrage of
weak corporate earnings stoked
fears that the government’s
financial intervention won't
keep global economies out of
recession.

Poor earnings from large
companies in disparate sectors —
Wachovia Corporation, Boeing
and.Merck & Company ~ illus-
trated how wide the downturn
had spread. One bright spot was
McDonald’s Corporation,
where third-quarter profits rose
thanks to the strength of its
Dollar Menu.

Even with the aggressive
steps the government has
already taken, Treasury Secre-
tary Henry Paulson told inter-

‘viewer Charlie Rose Tuesday,

“Clearly, we're going to havea .

number of difficult months
ahead of us in terms of the real
economy.”

Most major indexes fell more
than three per cent, including
the Dow Jones industrial aver-
age, which was down 290 points
in midday trading. Oil prices hit

lows last seen in June 2007, .

trading below $68 a barrel on
worries about weakening
demand. :

Asian markets veered sharply

lower Wednesday, with Tokyo’s
Nikkei index tumbling 6.79 per
cent. Hong Kong’s Hang Seng
was down 6.2: per cent, while
South Korea’s main index shed
5.1 per cent.

The major European indexes
— Britain’s FTSE 100, Ger-
many’s DAX and the CAC-40
in France — all slipped about
four per cent.

In South America, Brazil’s

Bovespa dropped more than
seven per cent after opening
and Argentina’s Merval index
dropped more than 16 per cent,
after falling 11 per cent Tues-
day: Argentina’s president
announced plans to nationalize
private pension funds to pro-
tect retirees from the global

financial crisis. E
World leaders will gather in .

Washington on November 15
to discuss the meltdown. A
senior adininistration, official

said Wednesday that the forum:

will be the first in a series of
international meetings to dis-



cuss what economists predict
could be a long and deep down-
turn.

For many US companies, the
damage has already begun.

Wachovia, which is being
bought by Wells Fargo for
about $14 billion in stock, said it
lost $23.89 billion in the third
quarter, down from earnings of
$1.62 billion in the same quarter
a year ago. Airplane maker
Boeing reported its earnings
slumped 38 per cent as a strike
halted production of commer-
cial jets.

Merck & Co. said it will slash
7,200 jobs as part of a new
restructuring programme. The
drugmaker’s third-quarter prof-
it plunged 28 per cent, partly
due to flat sales. Earnings also
fell at paper company Kimber-
ly-Clark Corp., insurer Well-
Point Inc. and drug developer
Wyeth.

“We are going into what is
very clearly a recession mode,”
Blake Jorgensen, Yahoo’s chief
financial officer, said in a Tues-
day interview. Yahoo is slashing
1,500 jobs while it braces for a
deep downturn likely to extend
well into 2009.

“Right now we have nine mil-
lion Americans out of work,
that’s up from six million this
time last year, and to every trad-
er on the floor, to every trader
upstairs, that’s the most impor-

-tant number” because con-

sumer spending makes up two-
thirds of the economy, said
Alan Valdes, vice president of
trading firm Hillard and Lyons.
A week after Paulson
announced the administration
would spend $250 billion to buy
stakes in US banks, the Federal
Reserve stepped up Tuesday
with a new programme to help
money market mutual funds
that have been squeezed by
worried investors demanding to |
cash out their holdings.
The Fed said it would pro-
vide up to $540 billion in financ-
ing though a programme run by?

_ JPMorgan Chase & Co. to.pur-
chase from mutual funds cer- °

tificates of deposit, bank notes
and commercial paper. The pro-
gramme, to be called the Mon-
ey Market Investor Funding
Facility, is designed to revive
the market for commercial
paper, short-term loans that are
critical for keeping businesses

running? ©

ver recession fears

Money market funds hold
about one-third of all commer-
cial paper and Fed officials said
that about $500 billion had
flowed out of prime money
market funds since August as
investors became increasingly
worried about their ability to
redeem shares. On September
18, the Treasury Department
announced that it was tapping a
$50 billion Treasury fund to
provide guarantees for the
assets in the money market
accounts.

The Fed announced Wednes-
day it will boost the interest rate
paid to commercial banks on
excess reserves.

Paulson said in his television
interview that banks might use
part of the money they receive
from the government to make
acquisitions of weaker banks.

The initiatives seem to be
having a positive effect. Yields
on Treasury bills and the inter-
est rates banks charge each oth-
er have both fallen back: to late-
September levels. Bank-to-bank
lending rates fell sharply
overnight. The London Inter-
bank Offered Rate, or Libor,
on three-month loans in dollars
fell.to 3.54 per cent from 3.83
per cent, dropping for an eighth
straight day. Libor is important
because many mortgage and
credit card rates are pegged to it
and it’s a good barometer of
banks’ willingness to lend.

Meanwhile, members of Con-
gress are moving forward with
efforts to overhaul the regula-
tory system. The changes could
be the most sweeping since the
1930s, when Congress
revamped how the financial sys-
tem was regulated in response
to the 1929 stock market crash
anda wave of bank failures.

Democrats in Congress are
also pushing efforts to assem-
ble a second economic stimu-
lus programme that could total
$150 billion or more. On Mon-
day, Fed Chairman Ben
Bernanke said a “significant”
stimulus package is appropri-
ate. The White House has yet to
endorse the idea, but has said
President Bush was at least will-
ing to consider a second stimu-
lus measure.

e Associated Press writers
Michael Liedtke in San Francis-
co and Martin Crutsinger in
Washington contributed to this
report.











Yamaha Outboards.
20% Discount Off
List Price |

at



This sale is offered to
Bonefishing Lodges and
Bonefishing Guides only. |

_ Take advantage of this sale to re-power

and be prepared for the upcoming season.

Sales Ends November 30th i
_ Harbourside
Marine, Nassau
(242) 393-0262

THURSDAY, OCTOBER 23, 2008, PAGE 15B











BAHAMIAN STARS is proud to present the Top 35 Winners of the Competition der two |
rounds of Auditions. From a field of seventy-two (72) Contestants, the following Contestants have .

been selected as “TOP PERFORMERS” they are:-

-G.P.A. AGE School

Name

G.P.A. AGE School



Name

+. Usean Jamar Bailey (3.20) 47 Doris Johnson Senior High School 18. Samantha Shanique Miller = (3.60) 24 Edward Water College

2. Ronesha Bryanna Barrett’ (3.58), 23 — College of the Bahamas 19. Indira G.E.R. Moss : 19 — C.R. Walker Senior High Schoo!
- 3. Alexandria Monique Bowe 24 — Robert Morgan Technical School 20. Romano Khadaty Mott (3.87) 25 Florida Memorial University

4. Carvey Brown 16 Sweeting Senior High School 21. Shurneil Elkeria Newbold 21 Central Eleuthera High School

5. Davian Chase 14 Bethel Senior High School 22, Stephanie Masana Palmer 14 . Government High School

6. Maleka Janette Cleare (3.0) 45 Government High School 23. Devera Shante Pinder ~ 19 College of The Bahamas

7. Rashad De Ron Cunningham (3:5) 15 Government High School 24, Kenisha Leandra Rahming 15 Government High School

8. Kervinique Ferguson (3.0) 18 College of The Bahamas 25. Fayedawn Deborah Russell 17 Preston H. Albury High School

9. Emanuella Mala Flerinivil 46 C.R. Walker Senior High School 26. Rayangelo Tacheano Seymour 14 ‘Government High School

10. Manessa Angelique Forbes 16 Government High School 27. Antone Kendal Smith 17. Senior Sweeting High School

11, Deshante Brendette Grant (3.0) 17. Temple Christian Schools 28. Tatiana Requilda Tinker 22 ~~ College of The Bahamas .

12. Patrico L. Griffin “5 gs 17 R.M. Bailey Senior High School 29. Gabrielle Christina Wells (3.78). 20 — Success Training College

13. Ashnell Gulce (3.09) 15 C.I. Gibson Senior High School 30. Talbert Camron Williams (3.0) 17. Government High School

14..Dawn Kelly (3.0) 18 College of The Bahamas 31..Gregory Renardo Wilson Jr. 17. C.V. Bethel Senior High School

82. Dienne Olive Pilar Deal _ (3.6) 24 — Poinciana High School

16 Doris Johnson Senior High School
Government Senior High School
_ C.V, Bethel Senior High School”

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ur chances of winning!!! 8



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. THE TRIBUNE

Iraqi Cabinet



A. DEMONSTRATOR looks on from behind railings as he stand next to
a banner of Shiite cleric Muqtada al-Sadr during a rally in Baghdad, Iraq,
on Saturday, Oct. 18, 2008, to protest a draft U.S.-lragi security
agreement. The mass show of opposition comes as the United States
and Iraqi leaders try to build support for an accord that would extend



@ By ROBERT H. REID
Associated Press Writers
BAGHDAD

Iraq's Cabinet decided Tues- '

day to ask the U.S. for changes
to the draft agreement that
would keep American troops
here three.more years, as key
Shiite lawmakers warned the
deal stands little chance of
approval as it stands.

The decision, reached in a
closed-door meeting that last-

_ed nearly six hours, raised doubt
that the agreement can be rati- -

fied before a new American
president is elected next month.

Parliament must approve the
draft before the current U.N.
mandate expires on Dec. 31 or
no legal basis will exist for the
U.S.-led military mission.

Such an outcome would force
hard decisions in Baghdad and
Washington on the future of the
unpopular war.

Critics maintain the draft falls

‘ short of Iraqi demands for full
control of their own country

INTERNATIONAL NEWS

says US p

after nearly six years of U.S.
occupation. Supporters insist
Iraq still needs U.S. military and
political support as it builds its
security forces and governmen-
tal institutions.

Opposition, however, is divid-
ed, with different parties object-
ing to different parts of the
agreement, which could make
it difficult to win broad support
for the entire document before
the year end deadline.

Prime Minister Nouri al-Mali-
ki and his ministers reviewed

details of the draft, hammered -

out in months of tortuous nego-
tiations, and concluded that
changes were needed "to raise
the agreement to a nationally
acceptable level," government
spokesman Ali al-Dabbagh said
in a statement.. nega
Cabinet members will pre-
pare a list of proposed changes
to present to the Americans, al-
Dabbagh said without giving a
timeframe.
Government officials said al-
Maliki wanted the proposed

THURSDAY, OCTOBER 23, 2008, PAGE 19

changes submitted Wednesday
so the full Cabinet could con-
sider them Sunday. The officials
spoke on condition of anonymi-
ty because they were not sup-

-posed to release the informa-

tion.

The officials said the minis-
ters of planning, defense and
interior — which rely heavily
on U.S. support — agreed to
accept the draft without any
changes. Others in the 37-mem-
ber Cabinet raised various
objections to the draft.

There was no immediate
comment from the U.S.
Embassy and no indication
whether the U.S. would agree to
further changes. Foreign Minis-
ter Hoshyar Zebari said last Sat-
urday that it would be difficult
to reopen the negotiations.

In, Washington, State Depart-
ment spokesman Sean McCor-
mack said the Bush administra-
tion was waiting for a formal
statement ‘from the Iraqis
before commenting. d

Al-Maliki wants his coalitio

act needs change

Cabinet of Shiites, Sunnis and
Kurds to sign off on the draft
before he sends it to parliament.

The prime minister, who is a
Shiite, fears he could end up
politically isolated if he pushes
forward with the controversial
agreement without solid politi-
cal backing. The agreement
calls for U.S. troops to leave
Iraqi cities by the end of June
and withdraw from the country
by Dec. 31, 2011, unless the gov-
ernment asks them to stay. It
would also provide limited Iraqi
jurisdiction over U.S. soldiers
and contractors accused of
major, premeditated crimes

committed off post and off duty.

. But much of the resistance
has come from al-Maliki's fel-
low Shiites, who profited the
most from the 2003 U.S. inva-.
sion that toppled Saddam Hus-
sein's Sunni-dominated regime.

On Sunday, al-Maliki's rul-
ing Shiite alliance expressed
reservations about the agree-
ment and called for unspecified _

changes to the draft.

__» the presence of American forces in Iraq beyond the end of this, year.

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THE TRIBUNE



= China releases terror

blacklist in Olympic plot

_ IN THIS COMBO made from photos released on
Tuesday, Oct 21, 2008 by China’s Public Securi-
ty Ministry showing 7 of the 8 Chinese nationals
accused of plotting terror acts targeting the Bei- .
jing 2008 Olympic Games. From top left Meme-
timing Memeti, Emeti Yakuf, Memetituersun Yim-
ing, Xiamisidingaihemaiti Abudumijiti and from
bottom left Aikemilai Wumaierjiang, Yakuf
Memeti, and Tuersun Toheti. Photo of the eighth
accused Memetituersun Abuduhalike was not
made available. Chinese police on Tuesday called
for the arrest and extradition to China of the
eight alleged Islamic terror group leaders and
core members accused of targeting the Beijing
Olympics.

























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@ By CHRISTOPHER -
BODEEN :
BEWING

Chinese police called Tuesday
for the extradition of eight alleged
separatists.accused of plotting a
campaign of terror to coincide
with the Beijing Olympics — a
scheme that reportedly included
bomb attacks within China and
in unspecified countries in the
Middle East and South Asia,
according to the Associated Press.

A Public Security Ministry.

spokesman said the eight men, °

all Chinese citizens, were believed
to have financed, incited and
organized attacks during and
around the Aug. 8-24 games as
part of an ongoing insurgency
against. Chinese rule in the tradi-
tidnally Muslim west.

Wu Heping told reporters at a

news briefing that the men were
members of the East Turkestan
Islamic Movement, a murky col-
lection of extremists believed to
be based across the border in law-
less areas of Pakistan and
Afghanistan.

The eight "seriously threatened
the security of the Beijing
Olympic Games and China's
social stability, while at the same
time composing a threat to the
security and stability of relevant
coun‘iies and the region," Wu
said. pe

Wu did not say,in what country
the men were suspected of hiding
and left the briefing without tak-
ing questions:

He said. one of the men
planned to bomb a supermarket
popular with Chinese business
people in an unspecified Middle
Eastern country ahead of the



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opening of the Olympic Games.

' Another suspect had prepared to

attack a Chinese club in a South
Asian nation, he said, without giv-
ing details. ‘

The men also organized
numerous attacks within China
but it was not clear from Wu's
statement if any of them were
carried out. ey

After years of relative quiet,
the western region of Xinjiang
was rocked in August by a series
of guerrilla-style attacks and
bombings -that killed 33 people.

Wu did not say if the eight men
were thought to be behind those
attacks.. ;

The violence was reportedly
carried out by radicals among
Xinjiang's native Uighur ethnic

group, Muslims whose language,

culture and religion are‘ distinct
from China's Han majority's,
Like Tibetans, many Uighurs
complain of a colonial-style Chi-
nese presence on their territory,
chafing under tight religious and

_cultural strictures and complain-
ing that economic development.

has disproportionately benefited
Chinese migrants.

Radical Uighurs opposed to
Chinese rule have long waged a
low intensity campaign of bomb-
ings and assassinations against
Chinese officials. But terrorism
experts say the struggle has taken
a deadlier, more radical turn in
récent years through exposure to
global terror groups such as al-
Qaida. ; : :

Seventeen Chinese Uighurs

have been held at Guantanamo |

Bay, Cuba since their capture in:
Pakistan and Afghanistan in 2001
despite having been deemed

' unthreatening and cleared for

release.

China has demanded the :

detainees be repatriated, but
Washington has refused to do so
because of fears they will tortured
and executed. Albania accepted
five Uighur detainees in 2006 but
since has balked at taking others,
partly for fear of diplomatic
repercussions from China.
China claims that it foiled a
number of terrorist plots this year
before they could be carried out,
including an alleged attempt by a
19-year-old woman to blow up a
Beijing-bound plane with liquid
explosives in March; But it has
provided little ditect evidence to
support claims that Islamic Mové+
ment leaders based across the
border ordered the attacks.
Overseas Uighur activists say
such accusations are politically
motivated and designed to justify
strict curbs on religious, political
and cultural rights in Xinjiang.
Dilxat Raxit, spokesman for
the Germany-based World
Uighur Congress, said Tuesday's

announcement was part of an

attempt to provide legal cover for
a wide-ranging crackdown on
Uighurs that followed the
Olympics. eae
China's refusal to publicly
release evidence or allow an inde-
pendent investigation into the
recent attacks undercuts its accu-
sations of terrorism, he said.

‘"T have never heard of these
people and none of these accu-
sations has been independently
confirmed, but I'm sure they will

use them to ratchet up pressure -

further in Xinjiang," Raxit said
in a telephone interview.
In recent weeks, authorities in

- Xinjiang have reportedly

detained hundreds of Uighurs in
security sweeps, banned many
from leaving the region and
stepped up supervision of
mosques. Business security con-
sultants International Risk said
the Chinese crackdown was like-
ly to continue.."In the aftermath
of the Olympics, the Chinese
authorities have quietly stepped
up their crackdown in Xinjiang,"
the Hong Kong-based company
said ina report on global terror-
ism issued this month. ~

A news release issued at Wu's
press conference offered basic

. biographical information about

the suspects and photographs of
seven of the eight men.

It identified one man, 37-year-
old Memetiming Memeti, as the
leader of the ETIM movement,
saying he had joined the group
in-an unidentified South Asian
country after leaving home in
1998 and assumed the leadership
after its former chief was killed in
a skirmish with security forces in
Pakistan in 2003.

The statement said that under
Memeti's guidance’an unspeci-
fied number of terrorists sneaked
into Xinjiang and other Chinese
areas with plans to "sabotage the
Olympic Games by conducting
terrorist attacks within the Chi-
nese territory before the Games
opened."

He also allegedly "sent dozens
of terrorist teams to some Middle
East and west Asian countries to
raise funds and buy explosive
materials for terrorist attacks
against Chinese targets outside
Chinese territory."

Others accused include 33-
year-old university graduate
Tuersun Toheti, an alleged bomb
maker blamed for planning
attacks on Chinese targets out-
side the country.

Xe
ih

THE TRIBUNE



x-Thai premier found

guilty of corruption

@ By SUTIN
WANNABOVORN
BANGKOK, Thailand

A Thai court found former
Prime Minister Thaksin Shi-
nawatra guilty of corruption and
sentenced him Tuesday to two
years in prison, adding a new twist
to the country's paralyzing polit-
ical crisis, according to the Asso-
ciated Press.

The guilty verdict was the first
against the country's former
leader since he was ousted by a
2006 military coup after being
accused of corruption and abuse
of power.

Thaksin, 59, jumped bail and
fled to England two months ago
along with his wife, Pojaman, 51,
who was also charged. The
Supreme Court acquitted her on
Tuesday.

From his home near London,
Thaksin condemned the convic-
tion but said it was hardly a sur-
prise. "It was politically motivat-
ed since the court is a carry-for-
ward of the coup d'etat," Thaksin
told The Associated Press. "I'ma
politician and after I was toppled
by the coup, it's normal that they
will try every means to justify it."

The ruling was greeted with
excitement by the political move-
ment trying to force out the cur-

‘rent government, which they

accuse of being controlled by
Thaksin. Raucous cheers erupted
among several thousand mem-
bers of the People's Alliance for
Democracy, which has occupied
the grounds of the prime minis-
ter's offices since August. They
chanted, "Go to jail, go to jail!"

The charges stemmed from
allegations that Thaksin facilitat-
ed his wife's purchase of lucra-
tive Bangkok real estate from a
state agency in 2003, while he was
prime minister.

"The defendant was the prime
minister at the time. He should
have been honest and ethical and

‘should not have violated counter-

corruption laws," Thongloh
Chomngam, head of the court's
nine-judge panel, said in reading
from the lengthy verdict.

A prosecutor said the attorney-
general's office "will speed up"
its effort to extradite Thaksin,
who remains the country's most

_ influential politician.

A formal request has yet to be
made. "We set up a special task

force to handle Thaksin's extra-
dition process some time ago,"
said Seksan Bangsomboon.
"Tomorrow we will come and get
the verdict and have it translated
into English and then send it with
our request to the British gov-
ernment asking for the extradi-
tion of Thaksin."

Extradition across borders is
usually a lengthy and complicated
process, and many countries
make an exception for cases
where there may be reason to

e Enriched
e Pre-sifted
e Proven

believe that politics played a part
in the legal proceedings. Thaksin

said he was confident he would be

able to remain in Britain.

"I was waiting for today before
planning my life," he said.

"I want to be a prominent busi-
nessman in the U.K. if the British
people will welcome me."

The Supreme Court's widely
expected ruling made Thaksin the
first politician convicted of cor-
ruption committed while prime
minister.

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THE TRIBUNE

India launches first moon

mission in Asian space race

@ NEW DELHI

space expeditions.
Chief among the mission’s goals

As India’s economy has
boomed in recent years, it has




2116 2000 Carnival Kia SCIENTISTS have better maps _is mapping not only the surface sought to convert its new found
; ; of distant Mars than the moon of the moon, but what lies wealth — built on its high-tech
2157 1998 Altima Nissan ; where astronauts have walked. — beneath. India joined what’s shap- sector — into political and mili-
“2185 2004 Santa Fe Hyundai But India hopes to change that ing up asa 21st century space race _ tary clout and stake a claim asa .
: ; with its first lunar mission, accord- with Chinese and Japanese crafts world leader. It is hoping that a
2189 2000 Accent Hyundai ing to Associated Press. already in orbit around the moon. moon mission — coming just
: Chandrayaan-1 — which means The United States, which won months after it finalized a deal
2213 1998 Elantra Hyundai “Moon Craft” in ancient Sanskrit the 1960srace tosendmentothe with the United States that rec-
herokee Jee —Jaunched from the Sriharikota moon, won’t jump in this race _ ognizes India as a nuclear power
2219 2001 Che P space center in southern India ear-__ with its new lunar-probe until next | — will further enhance that status.
1 2222 2003 Caravan Dodge . ly Wednesday morning in a two- spring, but it is providing key “Tt is a remarkable technologi-
rear mission aimed at laying th eat fof Indl | achi t for th try,”
: : year mission aimed at laying the | mapping equipment for India’s _cal achievement for the country,
2250 2003 Pregio Kia groundwork for further Indian _ mission. said S. Satish, a spokesman for
2257 2000 Delta Kia the Indiari Space Research Orga-
i 7965 005 E te Ch nization, which plans to use the
pica evy . ‘ m 3,080-pound lunar probe to create
3 ' a high-resolution map of the lunar
2274 * . 2007 Durango Dodge Financial Controller surface and what minerals are
277. 2007 Camr Tovota ° ee ee eR ae ge Le a below. Two of the mapping instru-
i ! y; y . a ments are a joint project with
tp 2281 2001 Baleno Suzuki A Bahamian owned group of companies is seeking a NASH i aes
: : ial controller. ; a . Until now, India’s space launch-
| 2292 2002 ‘Ignis Suzuki qualifie oo De Applicants should possess the following HS have BeLt thore practical with
i , , : ; weather warning satellites and
2296 2001 H-100 Hyundai communication systems, said for-
i} 2298 2006 Ram Dodge Knowledge and Education: mer NASA associate administra-
: : 1) A professional accounting designation (CA or CPA) tor Scott Pace, director of space
2300 2005 Santa Fe Hyundai 2) A minimum of five years industry experience as a policy ai George Washington
; 1Versl
| . 9305 2003 Impala Chevy financial controller in managerial capacity. “You're seeing India lifting its
t ; , sights,” Pace said.
2307 1998 Ranger Ford Skills: To date only the U.S., Russia,
‘| 2308 2006 Explorer Ford 1) Excellent interpersonal skills ae European space Agency,
: ais 2) Excellent managerial skills apan and China have sent mis-—
2311. 2002 Ignis Suzuki 3) Strong computer skills sions 19 the moun:
en : While much of the technology
23 15 2006 Ram Dodge ; 4) Strong analytical skills } involved in reaching the moon has
2316 2005 Santa Fe Hyundai 5) Strong oral and written skills not changed since the Soviet
6) Able to work in a very dynamic environment » Union and the U.S. did it more
2326 2000 Explorer Ford. than 4 decades ago, analysts say

so reecney mentees








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current mapping equipment
allows the exploration of new
areas, including below the surface.

In the last year, Asian nations

_ have taken the lead in exploring

the moon..In October 2007, Japan
sent up the Kaguya spacecraft. A
month later, China’s Chang’e-1

* entered lunar orbit.

Those missions took high reso-
lution pictures of the moon, but |
aren’t as comprehensive as Chan-
drayaan-1 will be or NASA’s
upcoming half-a-billion-dollar
Lunar Reconnaissance Orbiter,
Pace said. The most comprehen-
sive maps of the moon were made
about 40 years ago during the '
Apollo era, he said.

“We don’t really have really
good modern maps of the moon
with modern instrument,” Pace
said.

“The quality of the Martian

“maps, I would make a general
“argument, is superior to what we:
have of the moon.

©2008 Creative Edge


THE TRIBUNE | . | THURSDAY, OCTOBER 23, 2008, PAGE 23



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ESPN College Football Auburn at West Virginia. (Live) (CC) SportsCenter B AG your child en to the

5 (Live) (CC) a SEPP e en
fect eeiee Baseball World Series Game 2 ~ Philadelphia Philies at Team TBA, (Live) Mcrlappy Hour at McDonald's In
: =F Sai Oe icism on [L Malborou h Street every Chursday |
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:00) Cardi Art of the Athlete “Dawn Stal Insider Training “Ice Hock FitNation “You Are What You Take” : ~ aa j ; ise
FITTV cit foes” lame ee Rimes _ from 3:30pm to 4:30pm during the ,
month of October 2008.

Fox Report- |The O'Reilly Factor (CC) Hannity & Colmes (CC) On the Record With Greta Van
FOX-NC Shepard Smith Susteren (CC) :
FSNFL Mind, Body &. |World Poker Tour: Season 1 Best Damn Hooters Pageant Peri-|Nothin’ But The FSN Final

Kickin’ Moves od 2008 From Las Vegas. Knockouts Score (Live)
5 Big Break X: Michigan Golf Central — |PGA Tour Golf Frys.com Open -- First Round. From Scottsdale, Ariz.”
ce | 7 :
~. |Catch 21 (CC) |Who Wants to Be a Millionaire © |Family Feud — |Family Feud © |Catch 21 (CC) {Pyramid 4
GSN fet [its Cc) (OGM * {
(:00) Attack of —|X-Play (N) X-Play Lost Hurley struggles with anas- |Cops 2.0. — |Cops 2.0 Little
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(00) Walker, |Walker, Texas Ranger Walker con- |CROSSROADS: A STORY OF FORGIVENESS (2007, Docudrama) Dean
HALL exas Ranger: fronts ranchers determined to kill |Cain, Peri Gilpin, Landon Liboiron. A man seeks justice after a driver kills
protected wild horses. (CC)



Enjoy Great Food, Prizes and Lots of Fun.

“Silk Dreams” his loved ones. (CC)

Property Virgins Holmes on Homes "Brick a Brack’ |The Fix (N) O {Disaster DIY |Home to Flip (N) Real Renos In- a
HGTV __ [Asal plans to fly |Defective brick. © (CC) (CC) Basement. (N) | (CC) decisive home- best ’m lovin’ it

the coop. 1 0 (CC) owners. (N) 1

Victory Joyce Meyer: |LoveaChild {Inspiration To- |Life Today With |This Is Your Day |The Gospel
{INSP el. Life (CC). [day Names Robison |(Cc) Truth (CO)
Joe sos/The Wayans |My Wife and — |Accordingto |Family Guy “Hell/Family Guy ~~. |Two and a Half. |Two and a Half

KTLA Bros. ‘Who's in |Kids “Bahamas” |Jim “Renewing |Comes to Qua- {Stewie gets the |MenAlanpre- jMen ia
Charge Here?” |(CC) Vows” 1 (cq hog” (CC) acting bug. (CC) |pares Jake. Jof 2) (CC,

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| LIFE Judy's book club {Over Till the Red-and Rita meet — Braga. A policewoman meets a man who saw his family die in an acci-
meeting. head Sings” musicians. dent. (CC)

:00) Hardball. |Countdown With Keith Olber- |The Rachel Maddow Shaw Countdown With Keith Olber-
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j ~ {Pass Time Pinks ~ All Out © Pinks -- All Out From Red River | Wrecked “Family Wrecked
SPEED pen aay ion
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i . (:00) Law & Or-’ |Law & Order “Married With Chil- |Law & Order “Red Ball’ McCoy and/NBA Preseason Basketball Char-
TNT der “Enemy” © jdren’ A motivational speaker is Borgia consider a deal with a crimi- |lotte Bobcats vs. Los Angeles Lak-
eB (CC) vs) pushed off a hotel balcony. nal to save a child. 1 ets. (Live) (CC) .
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/ HOUR: DON'T |(CC) (CC) land (N) land
, Speeders |Speeders(N) — |Speeders Fight |Smoking Gun Presents: World’s. {Smoking Gun Presents: World’s
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(0) Querida |Cuidado con el Angel Marichuy es |Fuego en la Sangre Hermanos —_|Una Noche de 10 con el Gordo y
UNIV nemiga una joven criada en un hospicio, /buscan venganza. la Flaca ;
(ot) NCIS “The [House ‘Three Stories” Awoman {Law & Order: Special Victims Unit|/Law & Order: Special Victims. Unit
ruth Is out from Dr. House's ine returns, look- /A murdered woman’s twin may have/A fired security guard may have,
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ears (CC) —_- land” (Part 3 of 4) (CC) crack epidemic of the '80s. (Season Premiere) (N)
vs :00) Whitetail Boxing Cristobol Cruz vs. Orlando Salido. (Taped) Sports Soup (N) {Sports Soup
" hallenge
(nt) 7th Heaven | * * %* CASANOVA (0s, Romance-Comedy) Heath Ledger, Sienna {WGN News at Nine (N) 4 (CC)
‘ak Sada” Miller, Jeremy Irons. The notorious womanizer sets his sights on an, unat-
(CC) tainable prize. © (CC)
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Comes to Qua- _ |serial killer. (N) © (CC) and Dean ieee deaths by —_| Tong, Jim Watkins (N) (CC)
hog’ (CC) fright. (N) 0 (CC)
Jeopardy! (N) |Dr. Phil O (CC) WBZ News (N) |That’70s Show |Frasier Martin ’ |Frasier ‘The Ap-
(cc) es “Fun If © (CC) jruns into his ex- parent Trap” 1
partner. © (CC) |(CC)
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cen) REAL True Blood Panny House of % * THE HEARTBREAK KID (2007, ae Ben Stiller, Michelle Mon-
ports With Love” Sookie's painful childhood - aghan Jerry Stiller. A man meets his true soulmate after marrying a beau-
Bryant Gumbel. |revelation spurs Bill into action. —_tiful shrew. 0 ‘R’ (CC)

(615) *% |e % SHOOT 'EM UP (2007, Action) Clive Owen. | The Life & Little Britain | x % SMOKIN’
HBO-P JETLI'S FEAR- |Premiere. A mysterious gunman must protect anew- |Times af Tim (USA Vicky is |ACES (2007) 'R’
LESS (2006) — |born from assassins. 1 ‘R’ (CC) (CC) caught smoking. |(CC)
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eat ¥ % THE} (:15) & % BIG MOMMA'S HOUSE (2000, Comedy) Martin Lawrence, Nia/REAL Sports With Bryant Gumbel
HBO-W cur (1995) ong, Paul Giamatti, An FBI agent goes under cover to protect awoman |
'PG-13' and her son. 1 ‘PG-13' (CC) soe

ie % EXTREME MEASURES (1996, Suspense) | x * % KNOCKED UP (2007, Romance-Comedy) Seth Rogen, Katherine
HBO-S ugh Grant, Gene Hackman. An ER doctor investi- Heigl, Paul Rudd. A one-night stand has an unforeseen consequence.
gates a homeless man’s strange death. ‘R' (CC). |'R’ (Cc)

ee 9% AF |(:15) % & THE WEDDING PLANNER (2001, Romance-Comedy) Jen- | 4 LICENSE TO WED (2007, Ro-
MAX-E |TERALICE —_nifer Lopez, Matthew MeConauhe An event organizer has eyes for her |mance-Comedy) Robin Williams,
(1999) 'R' (CC) biggest client's beau. 1 ‘PG-13' (CC) 'PG-13' (CC) _|
ay % % &% BORN ON THE FOURTH OF JULY — | & x HOLLYWOODLAND (2006, Mystery) Adrien Brody, Ben Affleck, Di-
MOM AX 1989) Tom Cruise. An idealistic Marine returns from jane Lane. A detective ee the mysterious death of TV Superman
Vietnam as a paraplegic. 1 'R’ (CC) George Reeves. 1 ‘R (CC)
































Comics Without |Comics Without le Gift Certificates
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Nay oe Latino Filmmak- |» SHRIEK IF YOU KNOW WHAT | DID LAST FRI- | x x JACKASS: NUMBER TWO

6:45) 2 4% DU- |(:10) ¥ ¥ SAW. III (2006, Horror) Tobin Bell, Shawnee Smith, Bahar
SHOW i Horvoo soma iTV. A doctor becomes a pawn in Jigsaw's latest game. (1 ‘R’



TMC





EAD ONE er Showcase (\ |DAY THE 13TH el Amold. More mayhem re- a oe Johnny Knoxville,
(2007) ‘PG-13' Sults as a reporter probes a murder spree. teve-O. 1 ‘R (CC)




PAGE 24, THURSDAY, OCTOBER 23, 2008

THE TRimuinwe



JUDGE PARKER





__ Tribune Comics

IT APPEARS
DEWEY HAD
NO IMMEDIATE
FAMILY! WE'RE
LOOKING FOR
A WILL, TOO!








CALVIN & HOBBES

WELL, IT LOOKS LIKE CALVIN KEEP AN ENE ON HIM, AND
JUST CAUGHT THE BUG GOING] | LET ME KNON IF HE ISN'T
AROUND. NOTHING SERIOUS. | | FEELING BETTER SOON.









©1988 Universal Press Syndicate



SO LONG, CALVIN. You
WERE A GOOD PATIENT
THIS TIME.

NOTHING LIKE A
LITTLE VIRUS To
TAKE THE EDGE
OFF AKAD.







IT WILL BE
INTERESTING
TO SEE WHO THE











NEW. TECHNOLOGY IS AMAZING!
LAST NIGHT ONE OF THE
PRESIDENTIAL CANDIDATES
CALLED ME ON THE

PHONE BY NAME!



IN_A MOUNTAIN PASS, THE TREKKERS | MY TUTORS LET ME

Nas TE TREERS
71 A Sea STUDY WHATEV I
OG AO. YOU LEARNED VERY ree pe

T LIKED YOUR \ WELL, LODI. — N
BROTHER, ERIC.

HE HELPED
ME WITH
MY ENGLISH. @

WHERE WERE YOU,








©2008 by North America Syndicate, Inc. World rights reserved.

THAT'S NOTHING! I HAD A
CANDIDATE CALL ME BY NAME
ANDO INVITE ME TO A PRIVATE

iS 3 FUND-RAISER!





‘YOU FORGOT?!
THAT'S /7/





HI






BENEFICIARY 18!

EXCEPT, OF COURSE, MY
RELIGION AND THE
STORY OF M

MY CANDIDATE CALLED ME BY J
NAME AND INVITED ME OUT FOR

HOT PASTRAMI ON RYE!

I'VE WASTED THE BEST
MONTHS OF MY LIFE






‘JO YOU SEND NOTES

*DENNIS,YOU WERE A
A HOME FOR THATE”

VERY GOOD BOY TODAY.”





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























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

Difficulty Level *

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

5 SS SSS

MARVIN?! WE HAD
A PLAYDATE.!’





IT WAS BAD ENOUGH
WHEN HE THANKEP Us
FOR EVERY THING HE




©2008 by King Features Syndicate, Inc. World rights reserved.

Across

1 The offence of one coming 2
to light (4-7)

9 The more complicated









mathematical proof (7) $

10 Assign that your car’s not 4
working? (2,3)

11 Nail turned blue (4) 5

12. Dollars stolen to obtain P

} ammunition (8) 7

14 Made up for having j

the date wrong on the



inside (6) 8
16 It gives one aseatona

Jumbo (6) © 43
18 Performs successfully (8)

19
22
23

An overhead light (4)

Inside accommodation (5) _
Hunter who gives the

game away if he loses his

head (7) 20
24 Apatchy lot of comics? 24
(6,5)

Yesterday’s Cryptic Solution

Across: 1 Naples, 4 Ennobled, 9
Calais, 10 Liberals, 12 Nest, 13 Feast,
14 Star, 17 Model patient, 20
Admission fee, 23 Eyes, 24 Guard, 25
. Topi, 28 Overload, 29 Metric, 30
Pushover, 31 Frieze.
Down: 1 Nickname, 2 Palisade, 3
Edit, 5 Nail scissors, 6 Owed, 7 Lean-
to, 8 Desert, 11 Recapitulate, 15
Clyde, 16 Enrol, 18 Of course, 19
Mediocre, 21 Recoup, 22 Rebels, 26
Alto, 27 Tear.



-WE'RE THRU!

ZIP You KNOW:
YoU WERE PLAYING

\ HOME WORK 7

7 , He DON'T HAVE To AUG
VAN? HAVE A NICE Ay"!

vi YO 23
CRYPTIC PUZZLE

Down

(61,5)

on it to change the

















(©2006 by North America Syndicate, Inc. World rights reserved.




“YOUR MATH

Ancient Britons appearing
in pageants twice-nightly
(5) :
A nobleman in a real
mix-up (4)

Protection for king caught
in an intriguing situation (6) —
Keep a supply of drugs in
the kitchen? (8)

Made a score (7)

Gain advantage with
appropriate military music ,
















=

There may be many calls




















management (11)
Defeat makes no differ-
ence to mum or dad (8)

Shakespearean character Lu Across pown
gets too involved about the x 1 Asteroid (5,6) _ 2 Point in dispute (5)
underworld (7) N 9 Parvenu (7) 3. Elliptical (4)
BG 2 cisaase:layemne = 10 Break out (5) 4 Obvious (6)
ou ee
Request we turn awry (5) > 11 Require (4) 5 Bluish violet gem (8)
Just where you would ” 12 Making a broadcast 6 Rival successfully (7)
expect some fun (4) =< (2,3,3) 7 Fried yolk uppermost
: 14 Group of seven (6) (5-4,2)
Yesterday’s Easy Solution 16 Declare positively (6) So ee Die nena
: : t cast (4-7)
Across: 1 Calais, 4 Euphoria, 9 US: Te ee eeee hen 43 Locitall d(8
Trader, 10 Free will, 12 Rant, 13 (8) gically argued (8)
Cause, 14 Firm, 17 Cantankerous, 19 Trudge (4) 15 Conditional
20 Unofficially, 23 Avid, 24 Renew, : stipulation (7)
25 Fuss, 28 Hanger-on, 29 Boring, 22 Combination (5) P
ee Sree 31 ae ad 23 The currency (7) 17 ‘Tactless (6)
own: 1 Cataract, 2 Learning, ;
Item, 5 Unrestrained, 6 Heed, 7 24 Expression of AGA POMItS Memory

Raisin, 8 Aplomb, 11 Back of
beyond, 15 Jaunt, 16 Quail, 18
Illusion, 19 Eyesight, 21 Pathos, 22
Winner, 26 Mean, 27 Goya.

ON YOU?



F







We he Rey Sy
is hy oes eae
; a 3 AS i 2 3

$7 Aly, SiS op C52, SES

ey Lh eA.
‘RE RE Ef
| a
Pace pe tcl ES Pa
‘ee



















Difficulty Level ¥

I MUST HAVE
-HANVED IN
MY. SHEET

Musié!





‘Alexander Belyausky v Geni
Meier, European championship,
-Plowdiv 2008. White {to move} has
his eyes on Rxh7 mate, but Black

has conjured up an ingenious af charge.

then still QcS with a new threat
Qgi mate. But former world title
candidate Belyausky spotted 3
flaw in his opponent's concept,
and his devastating reply force
immadiate resignation. Can you
find White's winning move? Play
continues this afternoon {2 pm
start} in the Staunton Memorial















Mme Lobe peters bey |
‘Ee ee

(5)
Capital of Ukraine (4)

surprise (4,7)
21




at Simpsons in the Siand. Games
continue for several hours, and you
can wateh the grandmasters free

defence, threatening GxhI mate. LEQNARD BARDEN.

if White irfes 1 8f3 ae aot gi
? 7 £

OcSt with the counterthreat Gf "Mb mat wiles 2 fas ad Wie gard 5!

tate. While quards £2 by 1 Rha 20egl wile malting hs ats he, e

















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











South dealer. \
East-West vulnerable.
NORTH
15
VA104
AQ 102
&K762 .
WEST EAST
AK QI96 432
¥Q52 ¥976
964 KI8
&104 9853
SOUTH :
1087
Â¥KI83
753
hAQI
The bidding:
South West North — East
Pass 1 Pass Pass
Dble Pass 26 Pass
34 Pass 4%

Opening lead -- king of spades.

Pakistan’s Zia Mahmood, one of
the world’s top players, is especially
noted for his ability to guess thé loca-
tion of missing key cards.

In this deal from the 1984 World
Team Olympiad, Zia demonstrated
that there is often more to a success-
ful “guess” than first meets the eye.

Zia got to four hearts as shown,
and West started with the K-A-Q of
spades, dummy ruffing the third
spade with the heart four. Zia could
see that a successful trump finesse
would greatly aid his cause, and he
also realized that West did not have























HOW many words of
four letters or more cam
you make from the
letters shown here? In
making « word, each
letter may be used once
onty. Each must contain
the eentre letter and
there mast be at least
ret



ending in “s”, no wor
with initial capitals and
ne words with a hyphen
or apostrophe permitted.
‘The first word of a
phrase is permitted (e.g.
inkjet in inkiet printer).
TODAY'S TARGET

Good 18, very good 27;
excellent 36 (ar mare).
Solution Monday.

YESTERDAY’S SOLUTION
antic atomic
e pion




atnip
ciao claim clam clamp
clan clap, clint clip ‘clop
clot coal coat coati coil
eon coital cola colt
comm complain
COMPLAINT
COMPLIANT icon
impact manic manioc
mica octal optic optical
otie pact panic pica
picot platonic taco teic
tenis taple topical



Famous Hand

to have the queen of hearts for his
opening bid.

Nevertheless, at trick four Zia
crossed to the club queen, led a low
heart and finessed the ten. The heart
ace was followed by a club to the ace
and the heart king, felling West’s
queen. Although the diamond finesse
later failed, South still finished with
10 tricks — four hearts, four clubs,
the diamond ace and a spade ruff in
dummy.

How did Zia know West had the
heart queen? The answer is that he
didn’t, but he had good reasons for
playing as he did.

First, West’s spade continuation at
trick three, forcing dummy to ruff,
made it seem. that he was trying to
protect a potential trump trick.

Second, finessing against West
was the better technical play. It
would bring in the entire suit if West
had started with Q-x or Q-x-x, while
a finesse against East would pick up
the suit only ifhe had started with Q;
X-X,

Third, if the finesse lost to East,
West would then become marked
with the diamond king for his open-
ing bid, giving declarer his contract
with the aid of a diamond finesse
later on.

And so, a lot more thought went
into Zia’s successful “guess” than
might appear at first glance, which is
usually the case when a player of his
caliber “guesses” correctly.

Tomorrow: The percentage factor.
©2008 King Features Syndicate Inc.














THE TRIBUNE | | . THURSDAY, OC TOPEts 23, 2008, PAGE 25

MAHATMA
5 LB PARBOILED GOLD

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GRITS

‘SPRGHETTI $1. 09



RED, ORANG!
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a a et









































;

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uy

.
PAGE 26,.

is we
CARS CARRYI





THURSDAY, OCTOBER 23, 2008

aa viel Vin a ee



kman/AP

jor



LEHTIKUVA/Matti

NG members of the American delegation leave an isolat-

ed manor house in Vantaa, outside Helsinki, Tuesday, Oct. 21, 2008.













American and Russian military leaders met at the manor house in Fin-
land on Tuesday for unannounced talks, the highest-level military meet-

in August. No details of the negotiations were given on Tuesday.

Last Name: First Name: |

‘ ‘ Titl : ; : ing between the two countries since Russia's war with U.S. ally Georgia:
ompany: ___ - Title: me

Telephone # Home: __ ~ Work: |

Fax #: P.0.Box: ea
‘Exact Street Address: 3









US, Russia hold
fence-mending

i 2 ae le military talks



@ HELSINKI, Finland

House #

_ THE TOP U.S. military officer

held “businesslike” talks on Geor-
gia, Afghanistan and missile
defense with his Russian counter-
- part Tuesday, a signal of thawing
relations between the two powers,
according to Associated Press.





___ House Name: __
__ Type of Fence/Wall:





House Colour: __




















in Finland, it was the highest-level
military meeting between the two
countries since Russia’s war with
U.S. ally Georgia in August. The
conflict strained already tense ties
between Washington and Moscow.

Adm. Michael G. Mullen, the
chairman of the Joint Chiefs of

of issues, including the future of
NATO and the current status. of
_ missile defense systems in
Europe,” said Kim Hargan, a
spokesman for the U.S. Embassy
in Finland. : See
Mullen later called U.S. Defense.

Held at an isolated manor house

Staff, and Russian Gen. Nikolai —
Makarov “discussed a wide range.



Secretary Robert Gates, saying
they had a “productive, busi-
nesslike conversation,” Pentagon
press secretary Geoff Morrell said
in Washington, adding that Gates
was pleased with the outcome.

A U.S. defense official said

’ Makaroy, who became Russia’s

top military officer in June, sug-
gested the meeting and that the
two military leaders covered a
range of topics including Georgia,
Black Sea operations, and
Afghanistan as it related to NATO
involvement. | : :
Makarov told Russia’s RIA-
Novosti news agency that they
talked about the resumption of the
Russia-NATO Council, which was
suspended after the Georgia war.
A decision on resuming the coun-
cil, a forum that brought NATO
countries and Russia together, will
be made in November or Decem-
ber “and this question remains in
the American’s court,” Makarov
was quoted as saying.

_



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INGEST IEID EXFXZF18A_8RZKM2 INGEST_TIME 2012-01-20T23:07:52Z PACKAGE UF00084249_01152
AGREEMENT_INFO ACCOUNT UF PROJECT UFDC
FILES