Citation
The Tribune.

Material Information

Title:
The Tribune.
Uniform Title:
Tribune. (Nassau, Bahamas).
Added title page title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
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.

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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 )
9994850 ( OCLC )

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Pim bowin’ it

84F
78F

SUN, TSTORM
POSSIBLE

Volume: 106 No.252

HIGH
LOW



By ALISON LOWE
Tribune Staff Reporter
j alowe@tribunemedia.net

STRAW market vendors
charged in a New York court after
allegedly being caught with knock-
off luxury goods were swooped
on by law enforcement officials
following a six-months long inves-
tigation that saw them subject to
secret surveillance in the city,
court documents have revealed.

Federal agents working for the
US Department of Homeland
Security, Immigration and Cus-
toms and Enforcement allegedly
watched the nine straw vendors
as they shopped for counterfeit
items around the city on two sep-











HURRICANE INSURANCE

Ye
Away

The Tribune

USA TODAY.

BAHAMAS EDITION

arate occasions in May and just
prior to their arrest at JFK air-
port over the weekend.

In a criminal complaint filed in
US District Court, a Special Agent
of the US Department of Home-
land Security, Immigration and
Customs and Enforcement
describes how four of the nine
straw vendors — Roshanda Rolle,
Gayle Rolle, Marva Ferguson and
Marvette Ferguson — came to New
York City in May, met with
wholesale retailers in the city in
various locations and handed over
wads of cash in return for “bulky
black garbage bags” full of items
which they took back to their

SEE page eight

www.tribune242.com



WEDNESDAY, SEPTEMBER 22, 2010 PRICE-75¢ (Abaco and Grand Bahama $1.25)









Tim Clarke/Tribune staff

Straw vendors charged in US

could face three years in prison

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

NINE straw vendors charged in the US
could each face more than three years in
prison, The Tribune has learned.

Roshanda Rolle, Gayle Rolle, Marva Fer-
guson, Marvette Ferguson, Patricia Hanna,
Shamone Thompson, Margaret Pierre, Judy
Duncombe and Tracy Davis have all admit-
ted to knowing that the goods they pur-

chased were counterfeit and/or illegal, and
that buying the bags and other fake luxury
items was the reason they came to New York
City in September, according to court docu-
ments.

Each of the women — bar one who was
able to meet her bond requirements on Mon-
day — is now being held at the Metropolitan
Correctional Centre, a remand centre in
downtown Manhattan.

SEE page eight



STUDENT STABBED
IN BACK AFTER
SCHOOL ARGUMENT

A GOVERNMENT High
School student was stabbed
in the back following an argu-
ment with students from his
school.

The incident occurred
shortly before 4 pm on Robin-
son Road, in the area of Ken-
tucky Fried Chicken, howev-
er police could not confirm
any further details.

Yesterday’s stabbing is the
first report of student violence
for this week following last
week which saw three sepa-
rate incidents, the most seri-
ous of which was the shooting
of 13-year-old eighth grader
Rashad Rolle. Rashad, who
is still recovering in hospital
this week, was shot in the
head by what police believe
to be a “stray bullet” while at
a bus stop at John Road off
Baillou Hill Road.

The young student’s shoot-
ing, and the stabbing of two

SEE page nine

‘IRREGULARITIES’
AT TEACHERS UNION
POLLING STATIONS

By AVA TURNQUEST
Tribune Staff Reporter
aturnquest@tribunemedia.net

CONCERNS over the num-
ber of irregularities at Bahamas
Union of Teachers (BUT)
polling stations across the coun-
try were raised last night,
according to sources close to
the election process.

The irregularities were said
to be one of the reasons why
officials toiled late into the
night over the count that would
determine new leadership of
the BUT.

With an overwhelming desire
to restore professionalism,
teamwork and integrity to their
4,000 member strong union,
teachers across the country vot-
ed for new leadership of the
Bahamas Union of Teachers
last night.

Attributes that many mem-
bers claimed was lost in the
controversy surrounding the
union at all levels— the out-
break of sexual misconduct

SEE page eight

School suspensions quadruple in three years

Blown
urricane

By A

Or you can rest easy knowing

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

THE rate of suspensions in schools has
almost quadrupled in the past three years —
up to a rate of five per day, in some cases,
according to youth workers, who say the
school system has more problems than
administrators are willing to admit.

The Hope Centre Ministries operates a
suspension programme in Oakes Field. In
its first year of operation it received 67 sus-
pended students; last year the number
jumped to 257.

suspended students. In the past, they have
seen 15 students in one day, according to
Pastor Carlos Reid.

“The kids we get here on suspension,
they know if they fight they are going to get
a suspension, but why do they still fight?
We have taught them that it is a sign of
weakness when you say you have a prob-
lem that you can’t solve yourself. In most
cases we push people further in their dilem-
ma,” said Pastor Reid.

“There is no regard for authority. In
most cases the schools are ill equipped to
deal with a lot of the situations occurring in
our schools right now. All of this could be

people? In most cases you are doing the
young people a favour by giving them a
suspension,” said Pastor Reid.

Troy Clarke, president of the National
Leadership, Esteem, Ability, Discipline
(LEAD) Institute, estimates at least five
to 10 students are sent home from some
schools on a daily basis, sometimes for
“minor infractions”, like uniform offences.

The LEAD Cadet Corps is currently in
D.W. Davis Jr., Doris Johnson High, and
Government High Schools. Seventy-five
male students, who were identified by
school counsellors, participate in their Life

that you have excellent insurance
coverage no matter which
way the wind blows.

With the new school year just two weeks
underway, the centre has already seen 10

This Back To School - Get Your Clarks On!

attributed to why the grade point average is
so low. What is discipline to these young

SEE page eight

Clarks

Nobody does it better.

yi INSURANCE MANAGEMENT

(BAHAMAS) LIMITED, INSURANCE BROKERS & AGENTS

seme Samal ll ae i =.

*Malune”" “Rambler ‘Motole Bor ‘Rorcecry Feil"





NASSAU AND BAHAMA ISLANDS? LEADING NEWSPAPER



Subs & Salads

HEALTHY & ALWATS FRESH

You’re Invited
Join us as we celebrate

the launch and newly renovated
Bahamas Subs & Salads

Thursday, September 23rd,

5pm - 7pm
at all seven locations



SEVEN LOCATIONS TO SERVE YOU



TOWN CENTRE MALL



PAGE 2, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE

LOCAL NEWS



Felipé Major/Tribune staff

YOU’RE WELCOME: Police Sergeant 2091 Rolle and Corporal 2552 Pratt take time to greet Dudley
Cooper, a tailor who has been living in Burial Ground Corner since 1934. Officers from the Fire Services

Department yesterday installed a smoke detector at Mr Cooper’s home.

Smoke detectors fitted in homes
of elderly and young families

Exercise starts
with Dudley
Cooper, 88

By REUBEN SHEARER
Tribune Staff Reporter
rshearer@tribunemedia.net

OFFICERS from the Fire
Services Department dis-
tributed and helped install
smoke detectors in homes
throughout several commu-
nities in New Providence
yesterday, beginning with
the home of 88-year-old
Dudley Cooper on Burial
Ground Corner in Bain
Town.

The exercise, led by direc-
tor of Fire Services Supt Jef-
fery Deleveaux, also cov-
ered the areas of Englerston,
Nassau Village and the
Kemp Road community. In
total, 80 devices were dis-
tributed to disenfranchised
families and elderly persons.

The initiative is something
the Fire Services Depart-
ment conducts each year as
part of Fire Safety Aware-
ness Week, said press officer
Sergeant Chrislyn Skippings.

The operation targets
those who are unable to
afford the smoke detectors
and those who may be at
risk, especially the elderly
and young families, police
said.

Bahamas Welding and
Fire donated 80 First Alert
BRK smoke alarms to the
Fire Services Department.
John Ferguson, manager of
that company’s fire services
section, said: “It is extreme-
ly important for every
household to utilise its pro-
tection.”

To determine which per-
sons would receive the
smoke detectors, police used
the results of a recent sur-



Felipé Major/Tribune staff

SAFE AS HOUSES: Mr. Dudley Cooper looks on as Tyson Issacs
from Bahamas Welding and Fire installs a new smoke detector as part

of the Fire Safety Awareness Week,

vey conducted in local com-
munities.

The Fire Services Depart-
ment will be conducting a
similar exercise in Long
Island next week, said Mr
Ferguson.

Smoke alarms are rare fix-
tures in the homes of most
Bahamians, said Chief Fire
Officer Inspector Norman
Bain.

“We recommend that you
purchase a simple smoke
detector with a volt battery.
All smoke detector brands
are effective once installed
properly,” he said.

Inspector Bain said when

installing a smoke detector,
ensure that it is fastened on
the ceiling, at least 18 inches
from the wall.

“We generally want to
encourage the population to
be safety conscious in elimi-
nating hazards that may con-
tribute to fires starting,” he
said.

“We want persons to be
extra cautious in avoiding
starting fires.

“During the summer peri-
od we have a lot of rubbish
fires that are started by per-
sons clearing trash, and we
want to warn persons
against this.”

Airport tests response plan in
full-scale aircraft emergency drill

THE Nassau Airport
Development Company
(NAD) yesterday evening
conducted a full-scale sim-
ulated aircraft crash at the
Lynden Pindling Interna-
tional Airport.

NAD officials partnered
with the relevant stakehold-
ers, including the Royal
Bahamas Police Force, Roy-
al Bahamas Defence Force,

Civil Aviation Department,
National Emergency Man-
agement Agency (NEMA),
Emergency Medical Ser-
vices (EMS), Airport
Authority, MED Evac,
Bahamasair, Bahamas Red
Cross Society and Doctors
Hospital for the drill.

The exercise included
volunteers serving as “pas-
sengers” at the crash scene.

MAIN/SPORTS SECTION

Local News
Editorial/Letters

CLASSIFIED SECTION 28 PAGES

USA TODAY MAIN/SPORTS 12 PAGES



Fire trucks, ambulances,
police cars and other vehi-
cles were a part of the actu-
al drill.

NAD’s director of opera-
tions Deborah Coleby said
the drill is a part of the air-
port’s preparedness strate-

y.

“This is a focused activity
that allows us to test the air-
port’s emergency response
plan in real time. We are
partnering with all of the rel-
evant agencies at LPIA to
determine the effectiveness
of our emergency response
procedures, similarly, they
will have the opportunity to
test their plans as well.

“Our goal is to put our
resources to the test, learn
and improve upon any
shortcomings that we might
have, ensuring that in the
event of a real emergency
we are fully prepared to
respond,” she said.

NAD conducted a simi-
lar full-scale emergency
exercise in September
2008. This year’s event,
dubbed “Operation Sunset”,
was scheduled during the
evening to test response
times after dark.



THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 3



LOCAL NEWS

Court hears of ‘blatant
disregard for human life’

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

A MURDER trial opened in the
Supreme Court yesterday to ascertain
whether Kevin Hart fatally shot
Kendall Braynen in January 2003.

Prosecutor Basil Cumberbatch told
Justice Jon Isaacs’ court how Mr Bray-
nan, 38, was shot while standing in
Rupert Dean Lane at around 6.30pm
on January 11.

He alleged that Hart approached Mr
Braynen from behind and shot him in
the neck, killing him.

“The events are a blatant disregard
for public safety and human life,” Mr
Cumberbatch said.

Police Constable Julian Butler told
the court he was first on the scene as he
had been alerted by the Police Con-
trol Room while on patrol with the
mobile division at around 6.40pm on
the day of the shooting.

Search reports AGG) eRe waa

ho sightings of
missing diver

THERE WAS no news up
to press time on Drexel
Clarke, a diver reported miss-
ing Saturday night after a boat
he was on capsized south of
New Providence.

Search craft from the Roy-
al Bahamas Defence Force
and the Bahamas Air and Sea
Rescue Association reported
no sightings.

According to family mem-
bers, Mr Clarke and two oth-
er men were said to have "run
into problems" with the 32-
foot boat around 2pm south
of New Providence on Satur-
day.

With New Providence in
sight, the three men report-
edly started swimming to
shore when Mr Clarke, said
to be a certified diver, turned
around for reasons unknown.

Before the boat capsized,
he was said to be wearing a
life vest and diver’s fins.

The two men were able to
swim to shore unharmed,
according to reports from the
Elizabeth Estates Police Sta-
tion on Saturday night.

The first RBDF patrol
craft was immediately dis-
patched to the area. Since
then two additional craft were
deployed to assist with the
search.

An RBODF aircraft
deployed on Sunday led to
the discovery of the capsized
boat seven to nine miles south
of New Providence.

In addition to the RBDF
search patrol, an aircraft from
the Bahamas Air and Sea
Rescue Association flew 200
square miles with no sightings
on Sunday.

Dominica airport
welcomes night
operations for
first time

ROSEAU, Dominica

STEPPING TO IT: Bahamian Rick Fox, right, and his partner
Cheryl Burke perform on the celebrity dance competition show,
‘Dancing with the Stars’ on Monday in Los Angeles. Actor and for-
mer Lakers star Fox - the current favourite to win -
against other celebrities on ABC’s hit show, including actress
Jennifer Grey, singer Brandy and Disney Channel star Kyle Massey.

UPGRADES at an air-
port on the tiny Caribbean
island of Dominica mean
planes can take off and
land by night for the first
time, according to Associ-
ated Press.

Aviation Minister Ray-
burn Blackmore says he
expects a boost to tourism.

For now, only small air-
craft will be allowed to
land at the Melville Hall
airport until 10 p.m.

The head of the
Dominica Air and Sea
Port Authority says he
expects the airport will
receive clearance for larg-
er aircraft within the next
six months.

Benoit Bardouille says
the European Union,
Venezuela and the local
government paid for more
than $100 million in air-
port upgrades.

Officials say a Wind-
ward Islands Airways
plane landed there late
Monday.

Murder trial over death
in 2003 gets underway

He found Mr Braynen lying face
down in the road on the east side of
Rupert Dean Lane, off Poinciana Dri-
ve.

He said a crowd had gathered
around the lifeless body dressed in a
red T-shirt and black short pants.

“There was a small wound on the
right side of his neck,” PC Butler said.

An ambulance soon arrived at the
scene and was followed by two inspec-
tors, and then two detectives from the
Central Detective Unit (CDU), PC
Butler said.

Crime scene investigator Detective
Corporal Marvin Cargill was the first
witness to take the stand yesterday as
he took photographs of the apparent

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murder scene which were distributed to
the jury, attorneys and Justice Jon
Isaacs as evidence.

DC Cargill said he also took blood
samples from the road and went to the
Princess Margaret Hospital laboratory
on January 13 to speak to the forensic
pathologist.

He also viewed the autopsy and col-
lected post-mortem samples to take to
the police forensic lab for analysis on
January 15. Hart is represented by
defence lawyer Murrio Ducille in the
murder trial.

Although proceedings had been
scheduled to open on Monday, the
matter was adjourned to yesterday at
the prosecutor’s request.

















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Post office cash returned
after arrest, conviction

THE arrest of a man seen acting suspiciously near the
Administrative Office in Governor’s Harbour, Eleuthera
led to a swift conviction and the return of cash stolen
from the community’s post office.

Local police say when they came upon the man at
around 4am on Sunday, he fled — causing the officers to
chase him.

After catching up with the suspect, they confiscated
cash and electrical equipment.

The next morning, at around 9am, the police received
a report that the Governors Harbour Post Office had
been broken into and that cash was stolen.

Just after noon that day, 30-year-old Donald Sands of
Governor’s Harbour, Eleuthera appeared before the local
magistrate and pleaded guilty of shop-breaking, stealing
and receiving. He was sentenced to three years in prison
on each count. The terms are to run concurrently.

¢ JUST after midnight on Tuesday, police rushed to Lily
of the Valley Corner off Market Street after witnesses
reported a shooting.

The responding officers were told a gunman entered a
home on the street and fired shots at another man, hitting
him in the left arm.

The victim was rushed by ambulance to hospital, where
he is reported to be in stable condition.

Police are investigating this matter.

¢ AT AROUND 3am on Tuesday, officers of the
Northeastern Division got a tip that led them to a home
on Mackey Street.

The officers came upon two men asleep inside a blue
Buick Century.

After searching the men, the officers confiscated a
handgun and ammunition.

The men, ages 21 and 22, both of Mackey Street, were
taken into custody for questioning.

An hour and a half later, officers from the same division
executed a search warrant on a home in Winders Terrace
off Kemp Road, where they discovered a quantity of
marijuana.

Two men, ages 38 and 29, were taken in for questioning
in connection with the find.

Police investigations into both incidents continue.

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



PAGE 4, WEDNESDAY, SEPTEMBER 22, 2010

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

WEBSITE
www.tribune242.com — updated daily at 2pm

Can't justify Straw Market’s counterfeit trade

MANY Tribune readers were shocked at
the attitude of straw vendors Tuesday on
learning that nine of their own were arrest-
ed in New York and charged with allegedly
purchasing counterfeit designer goods for
resale in the Bay Street market.

The cry of the locals seemed a plea to
the Bahamas government to question the
authority of US law enforcement to snatch
their life’s bread from their tables.

Although many vendors are aware that
they are trading in counterfeit goods, they
seem to think they have a right to do so.
There is no apparent awareness — despite
many warnings — that such a trade is against
the law and that there are serious penalties
for law breakers.

The president of the Straw Business Per-
sons Society, a reverend no less, went so far
as to tell our reporter that unless someone
can provide a means for Bahamian vendors
to get the counterfeit designer bags without
risking getting caught by US authorities
“things are going to get rough” for vendors
and their families.

Let us suppose that someone did find a
means to get these illegal goods onto their
shelves, don’t they know that they could be
arrested by local police for doing so? It is
only because our police have not been as
aggressive as they should have been about
enforcing the law that the incident in New
York took place this week.

The US government has accused Bahami-
an police officers of being “complicit” in the
straw market’s counterfeit trade. The
Bahamas’ enforcement laws, it said, are “lax”
when it comes to protecting intellectual
property rights. Tired of dealing with a coun-
try of “lax” laws, US authorities decided
to enforce the law themselves — especially
when it is broken on their own territory.

"I would feel sorry for the Bahamas if we
have to stop selling these bags,” the Soci-
ety’s president told our reporter. “It will
affect the vendors and it will affect The
Bahamas. These bags are generating a lot of
funds. The whole economy will feel it. The
tourists come and they have to go to the
ATM to purchase these bags. I guarantee
you they wouldn't go to the ATM to buy a
straw bag.

"If you look at the straw bags, you would
be surprised to know how long they were
hanging there. The knock off move quickly.






ee,

“Where you could afford te look good”





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So if you are looking to put food on the
table that's what you do."

Does this argument justify breaking the
law? If so then why arrest the little thief in
the night who breaks into your home
because he too has to put food on his table?

True it is stealing of a different kind of
property, but it is still stealing.

It is probably the same argument used by
the pirates when Woodes Rodgers — on pain
of the noose — tried to restore legitimate
commerce to these islands.

Our reporter walked through the “world
famous straw market” on Tuesday to find
that “virtually every stall sells at least some
fake designer goods, and many of them are
heavily-draped in knock-off designer hand-
bags of all shapes, colours and sizes.”

The vendors made no attempt to hide
them.

Although many vendors have acknowl-
edged that their goods are counterfeit —
from such designer brands as Gucci, Prada,
Dolce, Gabana and others— their attitude is
that theirs is the right to sell. The pushing of
these “hot” items was so obvious that if the
police were in fact intent on applying the
law, the market could have been cleaned
out in a matter of days. But, of course, the
political fall-out also has to be reckoned
with. Straw vendors have always expected
rules to be bent in their favour, so the
squeals would have been loud and furious
had there been a hard local crack down.

The “world famous straw market” dis-
appeared from our shores many years ago —
ever since the days when it was removed
from its Rawson Square location — a colour-
ful scene of Bahamian basket women, plait-
ing their bags, hats, toys and mats, while
their children learned the trade by their
sides. It was a scene that inspired poets and
artists. But no more.

Today we have a cheap flea market,
which as Mr Charles Klonaris, chairman of
the Nassau Tourism and Development
Board, pointed out last year is of no benefit
to the Bahamas.

We hope that taxpayers’ money, now
being spent to create a new straw market,
will be one that displays local arts and crafts
of which Bahamians can be proud — and vis-
itors will want to purchase as souvenirs. “But
what they are producing now,” said Mr
Klonaris, “is just not acceptable.”











1 |

Goodwill
politics and

surprises are
badly needed

EDITOR, The Tribune.

The Bahamas and her
people are at the proverbial
cross roads. Indeed, I sub-
mit that we are between a
rock and a hard place while
our political “masters” are
gyrating; dancing the watusi
and dispensing out heavy
and potentially toxic doses
of “vodoo economics.”

What is badly needed in
our beloved country today,
in my humble view, is some
goodwill politics and sur-
prises. For instance the so-
called Baha Mar deal has
been languishing for several
years. At one time it
appeared to be on life sup-
port. Now that the consum-
mation appears to be just
across “the bar”, our politi-
cians and their erstwhile
allies are, seemingly, play-
ing the thing with the big
ears and short tail.

The collective nation is
experiencing economic hell;
societal melt down, of
course, the stark abandon-
ment of morality and civility.
The major political parties,
PLP and FNM, must and
should come together on a

LETTERS

letters@triounemedia.net



national consensus on the
way forward, despite their
perceived political and lead-
ership style, for the good of
the nation.

Mr. Ingraham and Mr.
Christie “owe” it to ordinary
Bahamians to present us
with “surprises” when the
House of Assembly con-
venes after the long summer
recess relative to the
approval of all aspects of the
Baha Mar deal.

There is no “Chinese”
baby as whatever the
“baby” may look like, at
birth, it is a Siamese twin,
joined at the hips. The true
paternity may never be
known but it is clear that the
mother is Bahamian. It may
be domestically a challenge
but our leaders must step up
to the plate and do the right
thing.

While voting on the
approval for the Baha Mar
components, parliamentar-
ians must and should also

start a national dialogue on:
crime and punishment; ille-
gal immigration; the over-
crowding of our educational
system; the broken judicial
and legal systems and the
evolution of a lost and hope-
less generation of young
Bahamians. There is pre-
cious little time to waste if
we are not to become a
“failed” state and a ticking
time bomb.

Will they, however, con-
tinue the meaningless and
deadly political tribalism, ad
naseum? The leaders of the
FNM and the PLP have yet
to etch their legacies in the
annals of The Bahamas.
When compared with the
late great and irreplaceable
Sir Lynden Oscar Pindling,
one is obliged to ask the
question: “What manner of
pygmies dominate our polit-
ical arena?” The resound-
ing and echoing answer may
well surprise us all. To God
then, in all things, be the glo-
ry.

ORTLAND

H. BODIE, JR.,
Nassau,

September 14, 2010.

Many Americans have still not digested lessons of 9/11

EDITOR, The Tribune.

It has been nine years
since the Twin Towers fell
in New York, yet many
Americans have still not
digested the lessons of that
stony-hearted atrocity,

That much has been made
very clear by the ignorant
campaign against the
“ground zero mosque”,
which is neither a mosque
nor at ground zero.

And then there was the
stunningly stupid threat by a
Florida pastor to mark the
ninth anniversary of 9/11 by
burning 200 copies of the
“satanic” Qu’ran on the
front lawn of his church.

The conventional wisdom
is that Al-Qaeda hatched
the 9/11 plot with the imme-
diate aim of making Ameri-
cans feel threatened in their
own backyard and as a high
profile, symbolic challenge
to American power, partic-
ularly the way the power is

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perceived by them to be
exercised in the Middle
East.

But its longer term goal
was almost certainly to
increase global conflict
between Muslims and non-
Muslims and radicalise the
Islamic world by drawing
the United States into a
descending spiral of human
rights abuses and costly and
unwinnable wars.

In this it has succeeded
brilliantly, with US assis-
tance at every step.

In threatening to dese-
crate the central text of
Islam, for example, Pente-
costal preacher Terry Jones
must have been reading
straight from an al-Quaeda
script, as provocation of this
magnitude would only
increase the power of Islam.

The growing religious
polarisation of the US, mir-
roring similar intolerance in
parts of the Islamic world,
has been starkly highlight-
ed by reports that two-thirds
of Americans oppose the
construction of an Islamic
cultural centre, dedicated to
promoting religious harmo-
ny, more than two city
blocks away from the for-

mer site of the Twin Tow-
ers, and that more than 30
million American citizens
think their president is Mus-
lim.

In past years, the com-
memoration of 9/11 in the
US was a somber affair,
mercifully free of religious
chauvinism.

The fear must be that such
fervour will sweep away the
voices of reason, tolerance
and reconciliation personi-
fied by President Obama,
and that the frenzied Amer-
ican right will ensure that he
serves a single term.

That would be a tragedy,
as the only hope of a terror-
free future lies in such mea-
sures as the withdrawal of
troops from Iraq and
Afghanistan and a lasting
solution to the Middle East-
ern Crisis.

It is only by recognising
the necessity of coexistence,
by removing cultural and
religious provocation and by
building mutual respect, that
future 9/11s can be averted.

JERRY ROKER
Nassau,
September 16, 2010.s

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THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 5



LOCAL NEWS



Lawyers can

agree when to
hold Bishop
Fraser trial

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

A DATE has yet to be set for the unlaw-
ful sex trial of Bishop Randy Fraser as
lawyers could not agree on three successive
days when to hold the trial in Magistrate’s
Court.

Deputy Chief Magistrate Carolita Bethel
called defence attorney Wayne Munroe and
Deputy Director of Public Prosecutions
Franklyn Williams to return to her court
yesterday morning after two unsuccessful
attempts in Mr Munroe’s absence on Mon-
day.

However, yesterday’s meeting failed once
again as Mr Munroe explained he had two
trials scheduled before the Supreme Court in
November and would not be free until
December 10.

And although Mr Williams was not pre-
sent, a lawyer from the Attorney General’s
Office who appeared on his behalf indicated
the prosecutor would not be available then.

Magistrate Bethel said: “I have made
three attempts, wasted my time yesterday
morning, yesterday afternoon and today.

“Now we are going to get me three days
this year before the middle of December.

“This is an old criminal trial, and I would
like it dealt with as soon as possible.”

The magistrate called an end to the session
and asked the prosecution and defence
attorneys to agree a date for trial and return
to her court in Bank Lane to inform her of it
this morning.

It is the second trial of the accused bishop
who has pleaded not guilty to having unlaw-
ful sex with a 16-year-old girl between July
2005 and February 2006.

He was acquitted of the charge in 2007,
but the Court of Appeal ordered a retrial.

ACCUSED: Bishop Randy Fraser

The alleged victim in the case, who is now
20, testified that she and Fraser had sex
around 12 times a month at his home and
office at Pilgrim Baptist Temple in St James
Road, Carmichael.

Attorney Wayne Munroe made a “no case
submission” on August 16, arguing the
charge was duplicitous as he said each sexual
encounter was a distinct offence and there-
fore each instance should be brought on a
separate count.

However, Magistrate Bethel ruled the
charge was not duplicitous on September

‘Fraser, who is on $10,000 bail, will enter a
sworn testimony in the trial and call 25 wit-
nesses or more to the stand.

ML Ka 4 =-7.\

THE BAHAMAS’

VERY OWN STREET PHILOSOPHER

or Fe i ae

— :

PoTCKE

Say

L-UNDERSTAND

Z NS LAYING oF |i

THIAK “THE a
could SELL BCA be

T MEER HELE cook Pay

ne AO Wilts «| Starting\»->-~-
| . PPR gee ey at ,

COLLECTION

We've got you covered!

deri) lao P Cacual Wear

i 35,
: Atlanta, Georgia, main-
i tains he was
i unaware when he failed to
? declare $28,878 in cash to
? United States Immigration
i and Border Control Offi-
: cials at the airport.



By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

AN American holiday-

i maker lost nearly $30,000
i and was ordered to pay a
: $2,500 court fine for failing
i to declare his casino win-
i nings to US Immigration
: authorities at Lynden Pin-
: dling International Airport
i; on Sunday.

Michael McWilliams,
of Buckhead in

caught

McWilliams first plead-

: ed not guilty to the two
i charges against him: fail-
? ing to declare more than
: $10,000 cash in his posses-
: sion and making a false
i declaration to an officer of
i the United States of
: America
i appeared in a Nassau
i Magistrate’s Court on
i Monday.

when he

But he later returned to

i the Parliament Street
i court and changed his plea
: to guilty with representa-
i tion
? Monique Gomez, who had
i represented Colton Har-
i: ris-Moore, alias the “Bare-
? foot Bandit” when he was
i apprehended in July.

from attorney

McWilliams was back in

court again yesterday for
i sentencing.

Magistrate Ancella

Williams imposed a $2,500

Uo) ter)
Exterminators
AAW TaN)

322-2157

fine and ordered him to
hand over his winnings.
McWilliams said he had
won the cash at the
Atlantis casino during his
holiday, and lamented out-
side court that he would
now lose all of his takings
as well as having to pay
the fine and legal fees.

Form

The American tourist,
who said he has visited the
Bahamas before, main-
tains he was not trying to
hide the cash from author-
ities, but simply was not
paying attention when he
filled out his US Customs
pre-clearance form at Nas-
sau airport.

“T really didn’t know,”
the American said. “I went
through the list as I was
talking on the cell phone








°¢ = Court orders US holidaymaker
to hand over $28,000 winnings

and I just checked ‘no, no,
no’.

“Tt wasn’t like I meant
to hide it — the money was
right on top of my bag.”

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PAGE 6, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



ES a a ae a ra re re
Debate on the Baha Mar development

By LARRY SMITH

DEBATE on the govern-
ment's resolution to approve
the Baha Mar development was
scheduled to begin today in
Parliament — five years after
the initial deal was concluded in
2005. But the debate was post-
poned until the project's prin-
cipals can come to terms with
the Bank of Nova Scotia on
outstanding debt.

It's been a long road —-
although not quite as long as
the 13-year BTC sell-off — and
conditions in 2005 were vastly
different from what they are
today. Back then, the credit
boom underway in the US had
a marked spillover effect on the
Bahamas, with major develop-
ments planned around the
country.

But most of these projects
collapsed in the wake of the
Great Recession that swept the
world in 2008. The Baha Mar
project was kept ticking over,
even when the original joint

venture partners withdrew. It
was the brainchild of a Lyford
Cay resident named Sarkis
Izmirlian, whose grandfather
left Armenia in the final years
of the Ottoman Empire.

Sarkis' father, Dikran, made
his fortune by cornering the
world peanut trade. And the
family became property devel-
opers in Britain, where one of
their companies owns the 13-
acre site on which London's
City Hall is located. While
Dikran lives in Switzerland,
Sarkis manages the family's
assets from the Bahamas.

He is said to be an astute
developer who conceived the
grandiose Baha Mar project
partly to make a name for him-

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self. But the project has been
able to survive only because the
Chinese are investing their
huge currency reserves in sup-
port of their strategic interests.
According to China's Com-
merce Ministry, some 800,000
Chinese are now working on
energy, infrastructure and hous-
ing projects around the world.

Without clear evidence, we
should discount the allegations
that have been made about the
use of Chinese convicts as
workers on these projects. But
we do think it makes sense for
our government to seek a broad
political consensus for the pro-
ject in view of the large foreign
labour component.

The 1,000-acre Baha Mar
project is owned by the Izmir-
lian family, with the Chinese
Export-Import Bank providing
$2.5 billion in financing over 20
years and the China State Con-
struction & Engineering Co as
principal contractor.

Challenges

It was unclear at this writing
whether the Bank of Nova Sco-
tia, which financed the Izmir-
lian's earlier acquisition of
Cable Beach hotels, would
become an equity investor. But
it is fair to ask how Baha Mar
expects to repay a $2.5 billion
loan from China when it has
already encountered challenges
servicing the current $200 mil-
lion loan to Scotiabank.

Still, it is the view of most
observers that Cable Beach
needs to be redeveloped for the
country's tourism industry to
remain competitive, and
whether the land used for col-
lateral is conveyed on a long-
term lease or as freehold is
beside the point.

The optimum use for that
land is resort development and
nobody else in the current envi-
ronment can finance such a
project.

And even though a large
portion of the $2.5 billion will

SPECIAL GENERAL
MEETING

oa

To: All members of The Bahama
Islands Resorts & Casinos
Co-operative Credit Union

IRCCCU) Limited

The piace Cooper Building
# 9 Village Road.

Notice is hereby given that a special General
Meeting of the Bahama Islands Resorts &
Casinos Co-operative Credit Union Limited
will be held at the Credit Union’s premises,
#9 Village Road, Nassau, Bahamas on

Thursday, September 23rd 2010,
commencing at 6:00 p.m.

For the following purpose:

% To receive letter dated August 27, 2010, from

Members

3% To discuss and take action on such matters outlined in
letter of August 27, 2010

This meeting is in accordance
with BIRCCCU’s By-law 29 and in
accordance with Regulations 23 & 24.

Linda Symonette
Secretary

9th September 2010



return to China in the form of
interest, wages and materials
purchases, this is still a major
foreign investment for the
Bahamas that will help to stim-
ulate the economy in the short
term and drive tourism growth
in the longer term.

Conflict of Interest

According to the Institute
of Auditors, conflict of interest
is when someone in a position
of trust has a competing pro-
fessional or personal interest
that makes it difficult to fulfil
his or her duties impartially, or
that creates an appearance of
impropriety.

But exactly what does that
mean in the Bahamas? Well,
the short answer is...very little.

The Bahamas is a small
place, which makes it difficult
for any of us to avoid apparent
conflicts. And they happen all
the time, at every level, in both
the public and private sectors.
There are very few explicit
rules, and even where rules
exist, there are no real sanc-
tions.

In the political realm, the
old United Bahamian Party oli-
garchs have been described as
"the poster boys for conflict of
interest and corruption.” Back
before the days when cabinet
ministers earned official
salaries, UBP politicos rou-
tinely represented companies
doing business with the gov-
ernment and awarded them-
selves contracts as a matter of
right.

Things were so bad that pri-
or to the 1967 general election
the UBP itself had issued a
code of ethics requiring minis-
ters to withdraw from any case
in which they had a private
interest.

But that didn't stop politi-
cians like Sir Stafford Sands
from acting as paid agents for
Freeport gambling interests, as
documented by the 1967 Com-
mission of Inquiry.

Sands (who was finance and
tourism minister at the time)
received over $1.8 million in
consultancy fees from the
Grand Bahama Port Authority
between 1962 and 1966. The
Port also gave hundreds of
thousands of dollars in politi-
cal contributions to the UBP.

When the Progressive Lib-
eral Party came to power in
1967 it promised to change all
that.

The Pindling administration
issued a new code of ethics that
prohibited ministers from
accepting substantial gifts from
persons doing business with the
government.

Fast forward 15 years and
the Bahamas was in the throes
of a criminal takeover by South
American drug cartels.

The Colombian flag was
raised over Norman's Cay in
George Smith's Exuma con-
stituency by the notorious gang-
ster Carlos Lehder, who drove
ordinary visitors away at gun-
point and orchestrated hourly
cocaine flights to the US.

The 1984 Commission of
Inquiry found that Smith had
accepted gifts and hospitality
from Lehder, who is now serv-
ing a long sentence in an Amer-
ican jail. In fact, one parlia-
mentarian said at the time that
"Pindling and his crew make
the Bay Street Boys look like
schoolchildren."

The 1993 inquiries into
Bahamasair and the Hotel Cor-

poration were initiated by the
first Free National Movement
government. They document-
ed decades of gross misman-
agement, conflict of interest,
and official corruption under
the PLP. In response, the FNM
promised a government in the
sunshine that would be fully
accountable to the people.

In the years since there have
been many accusations of con-
flict of interest featuring politi-
cians of both major parties, but
none of them have matched the
scale and sheer brazenness of
those earlier controversies.

For example, during the sec-
ond FNM administration Brent
Symonette resigned as chair-
man of the Airport Authority
after it became known that a
company in which he had a
minor interest had been con-
tracted to do paving work at
the airport. Charges were made
against Tommy Turnquest for
allowing an air conditioning
contractor to pay for his leader-
elect victory party. And Dion
Foulkes was accused of award-
ing contracts for school repairs
without a public tender.

When the PLP was re-elect-
ed in 2002, Perry Christie made
a lot of noise about integrity in
public life, and issued another
code of ethics for ministers that
basically re-stated existing
guidelines. But his promised
law codifying rules on conflict
of interest never came before
parliament.

Controversies

And so the controversies
continued. Leslie Miller and
other PLP officials were
accused of renting buildings to
the government they served, a
common practice.

Minister of Local Govern-
ment V. Alfred Gray was
accused of remaining active in
his law firm, which was repre-
senting one party in a local gov-
ernment dispute. Neville Wis-
dom faced charges of impro-
priety in awarding contracts for
Junkanoo bleachers.

PLP Minister Bradley
Roberts and then chairman of
the Water & Sewerage Corpo-
ration Don Demeritte were
accused of leading a conspiracy
that would have bilked Bahami-
ans of millions of dollars.
According to testimony in an
industrial tribunal, the chair-
man instructed the corpora-
tion's general manager to call
off the bidding process for a
reverse osmosis plant at
Arawak Cay, and start negoti-
ations with a firm whose prin-
cipal was Jerome Fitzgerald, a
PLP senator. This matter is still
before the court.

The most sensational case
of conflict of interest during the
PLP's last term involved Shane
Gibson's relationship with
expired American sex symbol
Anna Nicole Smith.

Gibson resigned from the
cabinet in February 2007 after
The Tribune published embar-
rassing photos of him on a bed
with Smith at her Eastern Road
home, although both were fully
clothed.

Gibson insisted he did not
have a sexual relationship with
Smith and denied doing her any
favours.

At the time, the "attack" on
Shane was characterised by a
fellow PLP minister as "the suc-
cessful manipulation of misin-

formation by people whose
stock in trade is nastiness and
sleaze."

Well, now we have some-
thing that trumps all of that pot-
ted history.

A minister who takes advan-
tage of a private helicopter
flight in order to attend two
official meetings on two differ-
ent islands over two consecu-
tive days — the evening pre-
miere of a conservation film on
Abaco, and a meeting with vis-
iting American experts in the
Exuma Cays the next morning.

"IT would not have been able
to do either with regular flights,
or even make the previously
agreed times by boat," Envi-
ronment Minister Earl
Deveaux told me. "It is diffi-
cult, if not impossible, to dis-
charge this job, with the
required oversight, if we are
not able to use the facilities of
the principals."

For George Smith's infor-
mation, the Aga Khan is not a
criminal — unlike Carlos
Lehder. He is as desirable an
investor as Sarkis Izmirlian. His
Swiss-registered Development
Network runs a variety of mul-
ti-billion-dollar humanitarian
programmes in 25 countries
around the world. And the Aga
Khan Health Services is one of
the most comprehensive, pri-
vate, not-for-profit healthcare
systems in the developing
world.

Before we jump to conclu-
sions, perhaps we should ask
what are the actual regulations
that apply to official conflict of
interest in the Bahamas these
days.

The answer to that question
is contained in the manual of
cabinet procedure, which states
that a minister "must not,
except as may be permitted
under the rules applicable to
his office, accept any gift, hos-
pitality or concessional travel
offered in connection with the
discharge of his duties."

On my reading, accepting a
trip for a personal benefit
rather than for a public duty
would likely be considered a
breach of this rule.

Yet incumbents of both
major parties have accepted
personal hospitality from big
investors or foreign govern-
ments fairly routinely over the
years, and usually without any
controversy.

The real elephant in the
room in this context is the
financing of political parties by
big investors and corporate
interests.

There are no rules at all in
this regard, and everything is
done behind closed doors.

I have it on good authority
that each of the 82 main party
candidates in the 2007 general
election received an average of
$30,000 in campaign funds.
Added to that are general par-
ty expenses for advertising,
printing, logistics, travel, and
give-aways.

Clearly, Bahamian elections
cost millions of dollars. Where
do you think that money comes
from?

So should we be concerned
about a free helicopter ride to a
business meeting? You be the
judge.

What do you think?
Send comments to

larry@tribunemedia. net
Or visit www.bahamapundit.com

Science fiction author to donate
proceeds of 100 books to PACE Centre

SCIENCE fiction author
Lewis Walmsley, who is set to
publicly launch his novel
‘Glassidor’ on October 2 at
the Ruby Swiss Restaurant in
Freeport, said he will be
donating the proceeds of the
first 100 book sales to the
island's PACE Centre.

The PACE (Providing
Access to Continued Educa-
tion) Centre offers a volun-
tary programme for student
mothers and is a collaborative
effort of the Ministry of Social

Development, the Ministry of }

Health, and the Ministry of
Education. The main focus of
the facility is maternal and
child welfare, counselling and
school placement. Additional

services provided at PACE paqK _AUNCH: Lewis Walmsley, author
of Glassidor, a science fiction book set in
the Bahamas.

include daycare facilities,
financial assistance with food,
clothing, uniforms, and
footwear, and assistance with

baby items, food, pampers and clothing for stu-

dent mothers.

Explaining why he chose the PACE Centre as
the beneficiary of his donation, Mr Walmsley
said: “Since being here the islanders have been
so kind to my fiancée Katherine and I so we
wanted to give something back. Any monies
invested in education are never wasted, and
what better a cause than unmarried moms want-
ing to continue their education. I hope to help
create future readers. Who knows, in ten years
time one of those little babies may just pick up
a copy of ‘Glassidor’, blow the dust off it, and

read it.”



Mr Walmsley recently met
with the acting principle of
the PACE Centre Shirlee
Butler to discuss the upcom-
ing donation and the author
gave her a copy of ‘Glassidor’
to go in the facility's library.

“We at the PACE Centre
are deeply grateful for Mr
Walmsley’s interest in and
intended donation to our
school. We are currently
building our computer lab and
any assistance in achieving
this goal is greatly appreciat-
ed,” said Mrs Butler.

Set against the backdrop of
some of the Bahamas’ most
scenic sites, including the
Lucayan National Park and
Ben’s Cave, ‘Glassidor’ is
described as a fast-paced sci-
ence fiction adventure.

It is the story of a mother’s
love, duty, and devotion in
her protection of Earth’s chil-

dren, the author said.

The book tells the story of Dee, a space

in England.

ine.

nomad who arrives on Earth in the year 1620 to
recover a lost artifact sent there by her ancestors
74 million years earlier.

Mr Walmsley was born, raised and educated

He immigrated to Toronto, Canada in 1974
where he spent 34 years in the automotive
machining industry. In 2008, he moved to
Freeport where he lives with his fiancée Kather-

‘Glassidor’ is his first fiction book and he has

almost completed work on a second one.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



THE TRIBUNE



WEDNESDAY, SEPTEMBER 22, 2010, PAGE 7

Doctors Hospital's Dr Meyer Rassin

Foundation gives over $100,000 in
STARTERS SMITH EIR be LT



MINDFUL of the fact a col-
lege education can cost tens of
thousands of dollars, Doctors
Hospital said it recently made
cheque presentations to their
Dr Meyer Rassin Foundation
recipients of over $100,000 in
tuition assistance and scholar-
ships.

Beneficiaries were students
enrolled in degree and certified
programmes in various areas of
healthcare locally and abroad.

The Doctors Hospital Dr
Meyer Rassin Foundation said
it has provided scholarships and
financial assistance to 70 stu-
dents pursuing a career in
health for this school year.

Created in honour of the late
Dr Meyer Rassin, the founda-
tion was created as a philan-
thropic mechanism through
which individuals, trusts, foun-
dations, estates, businesses and
other organisations may invest
in healthcare in the Bahamas.

The Foundation’s aim is to

encourage and assist qualified
students engaged in study in
the healthcare field as well as
healthcare workers such as
medical technicians, pharma-
cists, lab technicians, imaging
technicians, nurses and others
to realise their dreams.

Students being considered
for tuition assistance or schol-
arships must achieve a grade
point average of 3.0 or higher,
must be accepted to an accred-
ited certificate programme or
a degree programme, students
must be Bahamian citizens and
must be able to show proof of
financial need.

Application forms may be
obtained from the hospital’s
website at
www.doctorshosp.com or from
its marketing department.

The Doctors Hospital Dr
Meyer Rassin Foundation
invites the public to share its
commitment by helping those

in need for years to come.

Busy schedule announced for GB
Medical and Dental Association

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - The Grand Bahama
Medical and Dental Association has
announced plans for a number of events
here on the island, including an educa-
tional conference and awards banquet.

Dr Freeman Lockhart, GBMDA pres-
ident, said the events kick off on Septem-
ber 30 with the opening of the 10th annu-
al Educational and Scientific Conference
at Canal House at Pelican Bay Resort.

This year’s theme for the conference is
‘Transforming the Approaches to Health-
care; Global Initiative.’ A number of local,
national and international speakers will
make presentations highlighting advances
and trends in healthcare.

Mr Lockhart said they hope to foster

stronger networks in both the domestic
and international healthcare arenas.

As a prelude to the conference, a wor-
ship service will be held at the Pro-Cathe-
dral Christ the King on Sunday at 10am.

Minister of Health Dr Hubert Minnis
will officially open the conference on
Thursday, September 30.

Mr Lockhart said conference sessions
will start at noon on September 30 and
end on Friday, October 1.

A boat cruise will be held on Friday
evening. The conference will culminate
with a gala awards banquet on Saturday,
October 2. Cocktails start at 6pm and for-
mal seating at 7pm.

Two outstanding local physicians, obste-
tricians and gynaecologists Dr Paul Ward
and Dr Havard Cooper will be honoured.

Mr Lockhart is encouraging the public
to attend both events as funds raised will

be donated to charity.

“As is customary, part proceeds from
the awards banquet will be donated on
behalf of the honorees to charitable
groups or organisations in their medical
specialty. This year’s beneficiaries are the
obstetric ward of the Rand Memorial Hos-
pital and the Grand Bahama Crisis Cen-
tre,” he said.

Following the banquet, an awards par-
ty will begin at 9.30pm in the Captain’s
Gallery at Canal House.

Dr Lockhart said tickets for the ban-
quet are limited given the limited capaci-
ty at Canal House.

Tickets can be purchased from com-
mittee members.

He explained that the objective of the
Grand Bahama Medical and Dental Asso-
ciation is to educate the community and
colleagues in the medical field.

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MINISTER OF HEALTH Dr
Hubert Minnis will officially
open the conference.



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FREEPORT CITY SUBDIVISION -
CENTRAL AREA, FREEPORT
LOT NO. 5 Block “O”

PROPERTY DESCRIPTION: Single
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PROPERTY SIZE: 65,341 sq. ft.

LOCATION: On the Mall at the
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PAGE 8, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



FROM page one |fangigns charged:

Dr Patricia Rodgers,
permanent secretary in
the Ministry of Foreign
Affairs, confirmed that a
number of family mem-
bers of the women had
been seeking a meeting
with Deputy Prime
Minister and Minister of
Foreign Affairs Brent
Symonette in connec-
tion with the situation,

but as of yesterday after- ETTE:



BRENT SYMON- Plea

family appeared in court on :

this may yet happen.

when

noon this meeting had members of the Monday.

not taken place as far as women had been

the official was aware.

southern New York on PM
Monday, US Assistant
United States attorney
Christopher Frey, the prosecu-
tor for the US government in
the case, suggested that the val-
ue of the alleged counterfeit
goods — had they been real —
would have been between
$400,000 and $1 million.

This “loss range” factors into
the severity of the sentence that
the women would receive if
convicted of the crimes, this
newspaper understands.

He spoke as the women were
charged with “Conspiracy to
defraud the United States” con-
trary to section 2320 of Title 18
of the United States Criminal
Code, or more specifically, traf-
ficking in counterfeit goods and
services. “Trafficking” relates
to the transport or possession of
an item or items for the pur-
poses of commercial advantage
or private financial gain.

The charges came following
a six-month-long investigation
into the import and export of
counterfeit luxury goods con-
ducted by the United States
Department of Homeland
Security and Immigration and
Customs Enforcement (ICE),
during which “certain individ-
uals from The Bahamas who
were involved in the traffick-
ing of such counterfeit goods
between New York City and
Nassau, Bahamas, were identi-
fied”, it is alleged.

The expectation now is that
the women will be formally
indicted within the next 20 to
30 days.

US Federal sentencing
guidelines suggest that a prison
sentence of 30 to 37 months
may be appropriate for indi-
viduals found guilty of the
offences with which the women
are charged.

A legal source in the United
States said this sentencing
range is only “advisory” for the
Judge and therefore the sen-
tence could be more or less
heavy. The women have been

Affairs and

pending trial.

Each woman was being :
asked to come up with a bail }
package which included a bond }
of $100,000 - usually met by }

two “financially responsible”

people — and cash ranging from }
between $5,000 and $20,000 to }
secure bail. Such “responsible }
persons” who would be held }
accountable as co-signers if the }
woman in question skipped bail }
have to be interviewed in per-
son before being accepted in }
that role, and it is not yet clear :
if they must have US residency. }
The amount of the bail pack- }
ages and these other “logisti- }
cal” issues are holding up any }
swift granting of bail for many }
of the women, The Tribune }

understands.

According to documents, }
only one woman — Roshanda }
Rolle — had up to press time }
come up with the necessary }
bond requirements yesterday. :
She was then required by the }
court to surrender her travel }
documents and placed under }

“strict pre-trial supervision.”

Ms Rolle will be placed under }
house arrest and electronically ;
monitored. An agreed resi- }
dence — at the home of a “Ms }
— was recorded. A}
preliminary hearing for her }
matter has been set for Octo- }

Barence”

ber 20.

It was initially reported there }
were nine women arrested, but }
that from this group, two were }
not charged. However, Dr
Rodgers yesterday suggested }
that in fact 11 women may have }
been arrested, with the two:
who were not charged bring-
ing this to a total of nine}

charged.

The Ministry of Foreign
Affairs in Nassau said it is:

“monitoring the situation.”

charged together in a }

“conspiracy” but if they }
were to be dealt with }
individually, the sen- }
tences received may :
not be so heavy, said :
the source, suggesting }

The women were i
not required to enter a :
they:

According to Patri- i
seeking a meeting 12 Rodgers, Perma- ;
In a District Court in with the Deputy ment Secretary at the }
Ministry of Foreign :

legal }
sources in the US, the }
women and their families in }
Nassau were yesterday having }
trouble putting together the }
necessary bail ahead of any }

LOCAL NEWS

FROM page one

hotel.

Agents secretly watched as more “bulky,
black duffel bags” were delivered to the
women’s hotel the following day by “two
unidentified males” and again later that
same day when four of the women entered
another wholesale retail establishment
before leaving with six more bags full of at
that point unidentified items.

The women were followed by a surveil-
lance team to the JFK airport, and agents
inspected the contents of their luggage after
it had been checked in.

It was determined at that time that to
“protect the integrity of this ongoing inves-
tigation, neither the luggage nor the con-
tents of that luggage would be seized by law
enforcement” as the investigators contin-
ued to build their case.

However, found within the luggage were
hundreds of counterfeit luxury items, alleges
the criminal complaint.

Roshanda Rolle’s luggage contained 66
knock-off products, including “Louis Vuit-
ton” and Coach wallets, Gayle Rolle’s lug-
gage contained 21 counterfeit items, Marva
Ferguson’s bag contained 67 such products
and Marvette Ferguson’s, 75, said the court
document.

A private investigator “employed by a
number of luxury brand companies” includ-
ing Louis Vuitton, Coach, Rolex, Dolce and
Gabbana, Gucci and Burberry joined the
federal agents and allegedly determined the
counterfeit nature of “each and every one”
of the items.

The four women who were said to have
participated in the May trip, along with

School suspensions

How vendors were bagged

Patricia Hanna, Shamone Thompson, Mar-
garet Pierre, Judy Duncombe and Tracy
Davis, were next seen arriving in New York
City’s JFK airport last week, on Thursday,
September 16th.

“Shortly after arriving (the group) trav-
elled to a certain street in New York, New
York, on which a number of wholesale
retailers are located.

“After arriving at this destination in Man-
hattan, Roshanda Rolle, Gayle Rolle, Mar-
va Ferguson, Marvette Ferguson, Patricia
Hanna, Shamone Thompson, Margaret
Pierre, Judy Duncombe and Tracy Davis
entered a number of these wholesale retail-
ers and were subsequently observed exit-
ing the retailers with large black garbage
bags, which the defendants took back to the
hotel,” said the criminal complaint.

The group were next surveilled as they
checked 31 pieces of luggage into their
scheduled Jet Blue flight back to Nassau on
September 18th.

The checked luggage was then, unbe-
knownst to the women, again segregated
and inspected by Customs and Border Patrol
Agents.

“Up to September 20, 2010, the contents
of the luggage are still being catalogued and
inventoried. However, during a preliminary
review of the contents of the luggage, law
enforcement discovered a large quantity of
handbags (both with designed labels affixed
upon them and generic non-labelled bags)
and designer brand labels (including, but
not limited to those purporting to be Dolce
and Gabbana Tiffany & Co. jewellery and

Rolex watches),” the complaint states.
Again, a private investigator allegedly deter-
mined the goods to be counterfeit.

It was at this point after the covert luggage
inspection that the nine women were placed
under arrest. In interviews with the author-
ities all were subsequently said to have
admitted that the purpose of their visit to
New York was to buy the goods to re-sell at
their straw market stalls, knowing them to be
counterfeit.

“At the time these defendants were ques-
tioned by law enforcement, almost all pro-
vided the interviewing agents with receipts
from their purchases of counterfeit goods in
New York City,” the complaint details.

Several of the women, like Judy Dun-
combe, allegedly admitted to buying coun-
terfeit goods in the city for their stall on
more occasions. “Judy Duncombe stated
that she has been coming to New York City
for this purpose approximately three to four
times per year for the past three to four
years, the last time being in April 2010,”
said the complaint.

It is not clear if the women had legal rep-
resentation at the time of their interviews by
law enforcement officials.

Roshanda Rolle, Marva Ferguson, Mar-
vette Ferguson, Gayle Rolle, Patricia Han-
na, Shamone Thompson, Margaret Pierre,
Judy Duncombe and Tracy Davis were all
charged in a US court with conspiring to
defraud the US government on Monday,
specifically trafficking in counterfeit goods
and services. All of the women has now
obtained or been appointed legal counsel
and bar one, who has posted bail, are being
held in a Manhattan remand centre.

The next hearing of their case is expected
to take place in October.

‘Irregularities’ at teachers

FROM page one

Management Male Empower-
ment Programme (LMMEP).

Mr Clarke said the demand
for programmes such as
LMMEP is “triple” the current
capacity.

The Ministry of Education’s
Safe Schools Protocol Manual
for Public Schools lists a uni-
form offence as a level one
infraction, for which the rec-
ommended disciplinary action
ranges from parental contact,
detention, verbal warnings to
in-school suspension.

“An out of school suspension
should only be done for a seri-
ous infraction. Students take
advantage of the suspension to
get involved in other anti-social
behaviour when they are out;
hanging around malls and all
the places they go to. There are
times when there should be
legitimate suspensions. When
that occurs it is not just a matter
of you get off the compound.
There are agencies that must
be informed where they could
be sent to in a supervised fash-
ion,” said Olly Mae Knowles,
assistant deputy director of edu-
cation.

Suspension statistics are not
readily available at the Ministry
of Education. The Tribune was
directed by Mrs Knowles to
contact each of the fourteen
district superintendents indi-

records to the “District Super-
intendents on a quarterly basis
for onward transmission to the
office of the Director of Edu-
cation.”

Patricia Collins, deputy direc-
tor of education, said she is
“confident” the protocols are
followed in practice.

The solution is not “finding a
place to send children,” accord-
ing to Mrs Knowles. She said
schools have to be more
“proactive and discretionary”
in managing suspensions. The
Ministry of Education manual
gives them the protocols to do
so, she said.

She said there is a school
principal who noticed students
were purposefully coming to
school without belts in order to
attract a suspension. The prin-
cipal purchased belts and made
students rent them when they
were without.

“Based on the way teachers
teach more children can be
reached. It will take some extra
time, but if you get the young-
ster planning and he becomes a
critical thinker, it will help,”
said Mrs Knowles.

“Teachers teach not subjects:
teachers don't teach math, sci-
ence, physical education; teach-
ers teach children; they teach
PE to children. If you see your-
self as teaching children you
take on delivering the subject in
a different way. It helps the
child to see this is a teacher that



union polling stations

FROM page one

allegations against some
teachers, the former presi-
dent’s handling of union
funds and the staunch divi-
sion among executive mem-
bers that led to the “vote of
no confidence” for the entire
former executive team.
However, well after 9
o’clock last night, officials
were still at work tallying the

scores

whether incumbent Belinda
Wilson or her challenger
Frances Friend would lead
the union on its
recovery.”

One teacher, and first time
voter, added: “What I liked
best about the campaign was
the fact that the candidates
came in to the schools and we
were able to ask them ques-
tions and really find out what
they were all about. I don’t
really follow the ongoings of
the union as much as I prob-
ably should because I feel its
always second hand informa-
tion, so to be able to talk with
the candidates first hand was

good.”

At June's annual meeting,
more than 200 delegates sup-
ported a vote of no confi-
dence for the entire executive



















































concerned the pending nego-
tiations for a collective bar-
gaining agreement and the
possibility of a group insur-
ance plan for members. Addi-
tional key issues involved
membership benefits, gover-
nance, professional develop-
ment, and communication.

One teacher said: “I was
listening out for campaigns
which spoke to the needs of
teachers in the family islands.
I taught in the family islands
for a number of years and I
feel as though the teachers
there are severely neglected.
So anyone with a strategic
plan as to how to improve
conditions for family island
teachers — I would give them
a chance.”

There were five polls in
the capital, with family island
teachers allowed to vote at
administrator’s offices and
post offices in the various set-
tlements.

At the polls in New Provi-
dence, teachers echoed simi-
lar sentiments when asked
what factors most influenced
their vote. Those interviewed
explained the new executive
team must not only be trans-
parent, trustworthy and pro-
fessional, but they must also
give the appearance that these

that would confirm

“road to

CUSTOMER SERVICE
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Interested persons should send resumes and
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P.O. Box CB-11651
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All applications must be submitted on or betore
September 30, 2010,

vidually for statistics.

The Safe Schools Protocol
Manual for Public Schools
directs administrators to record
all suspensions and forward the

(best) as they can.

ophy,” she said.

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really cares and they try to
appease you by doing well as

“That is my personal philos-

team. Despite the frustration
displayed then by union mem-
bers over their inability to
work together as a team, 13 of
the 15 ousted executive mem-
bers sought re-election yes-
terday, each confident they
were the key to the union’s
cohesion moving forward and
insistent that they would be
able to work with whomever
the union elected.

Major issues campaigned











attributes are adhered to.

One teacher said: “There
are only two candidates for
president so it’s not that hard
a decision — one or the other.
I’m looking for someone who
is trustworthy, someone that I
can trust.”

Another teacher added:
“Character plays a big part.
This is a professional organi-
zation — professionalism plays
a major part.

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THE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 9



LOCAL NEWS



AGRICULTURE AND MARINE RESOURCES Minister Lar-
ry Cartwright is pictured with some of the participants at
Monday's review of CARICOM’s food and nutrition poli-
cy. Pictured from left (seated): Ann Rolle (Ministry of
Health), Dr Keith Campbell (Bahamas Agriculture and
Producers Association), Mr Cartwright, Brickell Pinder
(Ministry of Agriculture and Marine Resources), Car-
maleta Burns (Department of Health); (standing) Phillip
Miller (Under Secretary), Michael Stubbs (Department of
Meteorology), Ashley Lepine (Hands for Hunger), Cress-
well Sturrup (Permanent Secretary), Alanna Rodgers
(Hands for Hunger), Hamilton Newbold (Ministry of Edu-
cation), and Simeon Pinder (Director of Agriculture).

Bahamas
reviews
CARICOM

food policy



By GLADSTONE
THURSTON

A workshop to review
CARICOM’s regional policy
for food and nutrition secu-
rity opened on Monday at
the Public Health Authority
headquarters.

This policy secks to coor-
dinate regional interventions
based on national priorities
through 2025.

It is not meant to reduce
national resolve to address
issues related to food and
nutrition security, Agricul-
ture and Marine Resources
Minister Larry Cartwright
said.

“There is room to improve
national coordination and
awareness on food and nutri-
tion security and to formalise
the existing policy frame-
work,” he told workshop
participants.

According to the World
Food Summit Plan of Action
of 1996, “Food security exists
when all people, at all times,
have physical and economic
access to sufficient, safe and
nutritious food to meet their
dietary needs and food pref-
erences for an active and
healthy life.”

It sets out four dimensions
of food security — availabili-
ty, access, utilisation/nutri-
tional adequacy, and stabili-
ty — which are the basis of
the regional policy.

Although most countries
have access to adequate sup-
plies of food, Minister
Cartwright noted, the
regional challenge has been
to address the problem of
increasing demand for food
while the regional agricul-
tural sector is faced with low
production and productivi-
ty rates.

“The consequence has
been an increased reliance
on imported food regional-
ly,” he said. “In the
Bahamas, food imports have
increased from $310 million
in 2004 to $430 million in
2008, an increase of nearly
40 per cent.”

The ministry, he said, is in
the process of implementing
a medium-term strategic
plan to address some of the
constraints faced in an
efforts to increase agricul-
tural production.

Many of the strategies
identified in the national
strategy -— improving
research capacity, investing
in human resource develop-
ment, modernising agricul-
tural health and food safety
standards, and supporting

MINISTER’S ADDRESS: Agriculture and Marine Resources Minis-

farming organisations — are
also identified in the region-
al policy, said Mr Cartwright.

Ensuring access to food,
he said, is an important com-
ponent of the policy.

The Living Conditions
Survey of the Bahamas for
2001, he said, estimated the
national poverty level at just
under 10 per cent.

The highest levels of
poverty of one in five per-
sons were observed in south-
eastern islands, he said.

“We know that the impact
of the economic and finan-
cial crisis and the resultant
loss of jobs and significant
increases in food prices has
probably increased the vul-
nerability of many commu-
nities and households by
reducing their access to food.

“We have all been aware,
through appeals from civic
and non-governmental
organisations of the need to
expand food and other assis-
tance programmes.

“The government has also
increased funding for safety
net programmes that pro-
vide food and clothing to
vulnerable groups,” Minis-
ter Cartwright said.

There is also a proposal in
the regional policy frame-
work to identify and map
vulnerable groups.

Dietary changes, he said,
have shifted consumption
patterns toward a higher
energy density diet with a
greater intake of fat and
added sugars.

Combined with a seden-
tary lifestyle, the result has
been an increase in chronic
non-communicable diseases
(CNCDs), he said.

The regional policy looks
at specific initiatives to
reduce CNCDs and iron
deficiency.

Some of the interventions
proposed in the regional
plan are already being imple-
mented at the national level.

The stability of the food
supplies is impacted by eco-
nomic, financial and natural
events, including climate
change, he noted.

Addressing food and
nutrition issues will require a
multi-disciplinary and coor-
dinated approach between
the public and private sec-
tors and non-governmental
organisations, said Mr
Cartwright.

He acknowledged the
financial support of the Food
and Agriculture Organisa-
tion to the workshop and the
assistance of the Public Hos-
pital Authority.



ter Larry Cartwright delivers the opening address at Monday’s
review of the CARICOM food and nutrition policy.

STUDENT STABBED IN
BACK AFTER ARGUMENT

FROM page one

students at C I Gibson Junior High School which followed
just three days later, spiked concerns by parents, teachers and
members of the community on whether police should be re-
introduced as a permanent presence on school campuses.

The GHS student was taken to hospital by ambulance, his
condition was still unknown up to press time.

1. FREEPORT CITY SUBDIVISION -

FREEPORT

LOT NO. 5, Block ‘J’
PROPERTY DESCRIPTION:
Condominium Apartment No. 420
2 beds / 2 baths

PROPERTY SIZE: 1,177 sq. ft.
LOCATION: The subject property
is located at Jansel Court

Condominium, East Mall Drive and

East Atlantic Drive.
APPRAISED VALUE: $80,000

2. GREENING GLADE SUBDIVISION

- FREEPORT

LOT NO. Block 6 Unit 1
PROPERTY DESCRIPTION:
Lucayan Towers Condominium
Apartment No.408, 1 bed / 1 bath
PROPERTY SIZE: 672 sq. ft.

LOCATION: The subject property is

located on Albacore Drive.
APPRAISED VALUE: $43,000

1._ ARDEN FOREST SUBDIVISION-

FREEPORT

LOT NO. 12 Block 3 Unit 5
PROPERTY SIZE: Single Family
Lots, 0.33 acres

LOCATION: The vacant lot is
located on the northeastern
section of Caliban Drive and Ariel
Place.

APPRAISED VALUE: $35,000

2. BAHAMA BEACH SUBDIVISION

- FREEPORT

LOT NO. 373

PROPERTY SIZE: Single Family
Lot, 0.12 acres

LOCATION: The vacant lot is
located on the western end of
Windward Lane and Wilscombe
Boulevard.

APPRAISED VALUE: $18,000

3._BAHAMA REEF YACHT &

COUNTRY CLUB SUBDIVISION-

FREEPORT

LOT NO. 35 Block 2, Section 1
PROPERTY SIZE: Golf Course
Frontage Lot, 0.39acres
LOCATION: The vacant lot is
located 350 yards off Coral Road
APPRAISED VALUE: $110,000

4. BAHAMIA WEST REPLAT
SUBDIVISION - FREEPORT
LOT NO. 28 Block 19Unit 2

PROPERTY SIZE: Single Family
Lot, 0.25 acres

LOCATION: The vacant lot is
located on the northern side of
Columbus Way.

APPRAISED VALUE: $26,000

5. CHESAPEAKE SUBDIVISION -
FREEPORT
LOT NO. 29Block 21
PROPERTY SIZE: Single Family
Lot, 0.38 acres
LOCATION: The vacant lot is
located on the northwestern
section of Snipe Court and
Capstan Drive.
APPRAISED VALUE: $28,000

6. CHEROKEE SOUND - ABACO
LOT NO. 4N
PROPERTY SIZE: Multi-Family
Lot, 27,231 sq. ft.
LOCATION: The vacant lot is
located at Yellow Wood Creek
APPRAISED VALUE: $74,000

7. EMERALD BAY SUBDIVISION -
FREEPORT
LOT NO. 15 Block 48 Unit 2
PROPERTY SIZE: Single Family
Lot, 0.41 acres
LOCATION: The vacant lot is
located on the eastern boundary
of Mundon Court and Mundon
Avenue.
APPRAISED VALUE: $33,000

8. FORTUNE POINT SUBDIVISION
FREEPORT
LOT NO. 14 Block 2 Unit 3
PROPERTY SIZE: Single Family
Lots, 0.35 acres
LOCATION: The vacant lot is

located west of the intersection of

Pearl Drive and Pearl Close.
APPRAISED VALUE: $45,000

DEVELOPED RESIDENTIAL & COMMERCIAL

3._ HARBOUR WEST SUBDIVISION

- EIGHT MILE ROCK - GRAND
BAHAMA

LOT NO. 9Block 3

PROPERTY DESCRIPTION: Single
Family Residence, 3 beds / 2 baths
PROPERTY SIZE: 8,062 sq. ft.
LOCATION: The subject property is
located on Yvonne Drive and East
Pine Street.

APPRAISED VALUE: $169,000

. GUANAHANI SUBDIVISION -

SAN SALVADOR.

LOT NO. 29

PROPERTY SIZE: Single Family
Lot, 8,536 sq. ft.

LOCATION: The vacant lot is
located on the eastern side of
Queen’s Highway

APPRAISED VALUE: $25,600

. GRASMERE SUBDIVISION-

FREEPORT

LOT NO. 11 Block 45 Unit 3
PROPERTY SIZE: Single Family
Lots, 0.35 acres

LOCATION: The vacant property
is located on the corner of
Grasmere Drive and Pondside
Drive.

APPRAISED VALUE: $9,200

. LINCOLN GREEN SUBDIVISION

- FREEPORT

LOT NO. 15 Block 26 unit 4
PROPERTY SIZE: Duplex Lots,
0.34 acres

LOCATION: The vacant lot is
located on Manton Place and
Manton Avenue

APPRAISED VALUE: $36,000

. LINCOLN GREEN SUBDIVISION

- FREEPORT

LOT NO. 16 Block 26 unit 4
PROPERTY SIZE: Duplex Lots,
0.33 acres

LOCATION: The vacant lot is
located on Manton Place and
Manton Avenue.

APPRAISED VALUE: $35,000

. LINCOLN GREEN SUBDIVISION

- FREEPORT

LOT NO. 26 Block 1
PROPERTY SIZE: Duplex Lot,
0.32 acres

LOCATION: The vacant lot is
located on Ludford Drive.
APPRAISED VALUE: $34,000

14. LUCAYAN ESTATES

SUBDIVISION - FREEPORT
LOT NO. 1 Block 43 unit 4
PROPERTY SIZE: Duplex Lot,
1.0 acre

LOCATION: The vacant lot is
located on the southern side of
Newby Drive.

APPRAISED VALUE: $9,000

. LUCAYAN KNOLL - FREEPORT

LOT NO. 8 Block 5

PROPERTY SIZE: Single Family
Lot, 15,380 sq. ft.

LOCATION: The vacant property
is located on Sergeant Major Drive
near Sea Horse Road.
APPRAISED VALUE: $30,000

. MAYFIELD PARK SUBDIVISION-

FREEPORT

LOT NO. 112

PROPERTY SIZE: Multi-Family
Lot, 18,325 Sq. Ft.

LOCATION: The vacant property
is located on Farnham Crescent
APPRAISED VALUE: $54,000

. MURPHY TOWN - ABACO

LOT NO. 2 Crown Allotment #57
PROPERTY SIZE: Multi - Family
Lot, 5,310 sq. ft.

LOCATION: The vacant lot is
located on the main Murphy Town
Road.

APPRAISED VALUE: $12,000

4. SEA HORSE VILLAGE -

FREEPORT

LOT NO. 26 Block 6

PROPERTY DESCRIPTION:
Single-storey Duplex,

3 beds / 2 baths Units
PROPERTY SIZE: 0.28 acres
LOCATION: The subject property
is located on the northern side of
Turtle Cove.

APPRAISED VALUE: $223,657

VACANT LOTS

18. MURPHY TOWN - ABACO

LOT NO. 67 Crown Allotment #1
PROPERTY SIZE: Single Family
Lot, 6,935 sq. ft.

LOCATION: The vacant lot is
located on the main street of
Murphy Town.

APPRAISED VALUE: $11,000

19. MURPHY TOWN - ABACO

LOT NO. 67 Crown Allotment #2
PROPERTY SIZE: Single Family
Lot, 12,100 sq. ft.

LOCATION: The vacant lot is
located on the main street of
Murphy Town

APPRAISED VALUE: $19,360

. SHANNON SUBDIVISION -

FREEPORT

LOT NO. 8 BLOCK 5 UNIT 1
PROPERTY SIZE: Multi-Family
Lot .34 acres

LOCATION: The vacant lot is
located on the eastern side of
Shannon Drive

APPRAISED VALUE: $30,000

. ROYAL BAHAMIAN ESTATES

SUBDIVISION - FREEPORT
LOT NO. 305 Section “A”
PROPERTY SIZE: Single family
lot, 0.44 acres

LOCATION: The vacant lot is
located on Dominica Avenue

APPRAISED VALUE: $30,000

22. ROYAL PALM BAY

SUBDIVISION - FREEPORT
LOT NO. 47 Block 6 Unit 5
PROPERTY SIZE: Single Family
Lots, 17,005 sq. ft.

LOCATION: The vacant property
is located on Cippinghill Drive,
south of Bartlow Lane.
APPRAISED VALUE: $40,000

. SHANNON SUBDIVISION -

FREEPORT

LOT NO. 5 Block 3 Unit 1
PROPERTY SIZE: Multi-Family
Lot, 0.40 acres

LOCATION: The vacant property
is located on the southern side of
Moonraker Lane.

APPRAISED VALUE: $50,000

. WOOD CAY - LITTLE ABACO

LOT NO. Parcel of Land
PROPERTY SIZE: Single Family
Lot, 39,999 sq. ft.

LOCATION: The vacant lot is
located on the western section of
the main street of Wood Cay.
APPRAISED VALUE: $25,000

. YEOMAN WOOD SUBDIVISION

- FREEPORT

LOT NO. 4 Block 58 Unit 2
PROPERTY SIZE: Single Family
Lot, 0.36 acres

LOCATION: The vacant lot is
located on the southwestern side
of Spinney Road.

APPRAISED VALUE: $25,000

INTERESTED PARTIES SHOULD SUBMIT OFFERS INCLUSIVE OF TELEPHONE CONTACT AND POSTAL ADDRESS
TO: CB DISTRESSED PROPERTIES, CREDIT RISK MANAGEMENT DEPARTMENT,
P.O. BOX - SS-6263, NASSAU, BAHAMAS OR EMAIL US AT: DISTRESSED.PROPERTIES@COMBANKLTD.COM.
FOR GENERAL ENQUIRIES PLEASE CALL: 394-6464 EXT. 5836 OR EXT. 5829.
* WE RESERVE THE RIGHT TO REJECT ANY OR ALL OFFERS.



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM





PAGE 14, WEDNESDAY, SEPTEMBER 22, 2010



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â„¢ Roten Franoces

ww)



THE TRIBUNE

busine

WEDNESDAY,



Out of ‘murky COPYRIGHT PROTECTIO

depths’ with
12.3% growth
in arrivals

By NEIL HARTNELL
Tribune Business Editor

Tourism “can be the dri-
ving force to pull the
Bahamas out of recession’s
murky depths”, the Ministry
of Tourism has argued, after
2010 second quarter and half-
year arrivals increased by 12.3
per cent and 10.7 per cent
respectively year-over-year,
with creative marketing and
strong partnerships needed to
maintain the momentum.

The Ministry, in its market
update for the period, said
2010 first half air arrivals were
ahead of 2009 comparatives
by 3 per cent, with sea arrivals
up by 13.8 per cent.

SEE page 2B

Baha Mar’s ‘high
stakes’ caused
$25m legal bill

* Harrah’s says ‘enormous
scope’ of Cable Beach
developer’s $289m damages
claim resulted in its $12m
legal bill, which Baha Mar
must now pay

* Gaming giant says it only
employed more attorneys
than Baha Mar during three
of 20 months litigation
lasted

* Scotiabank and Baha Mar
still fighting to come to loan
resolution

By NEIL HARTNELL
Tribune Business Editor

Baha Mar’s decision to
expand legal action against
Harrah’s Entertainment into
“high stakes litigation with
enormous scope” via a $289
million damages claim result-
ed in the collective $25 million
legal costs incurred, its former
partner in the $2.6 billion Cable
Beach redevelopment alleging
it employed fewer attorneys in
17 out of the 20 months they
were before the courts.

Responding to Baha Mar’s
attempt to throw out an inde-
pendent referee’s report rec-

SEE page 4B

price rises

By CHESTER ROBARDS
Business Reporter
crobards@tribunemedia.net

The Government’s decision
to graduate companies from
the Industries Encouragement
Act and pay 10 per cent
import duties has prompted
one firm to increase prices by
3 per cent, with another in a
fight to keep market share up
against cheaper imported
goods.

A sign inside Blanco
Bleach, observed by a Tri-
bune staffer, said that in
response to the Government’s
2010-2011 Budget move, the
company had increased the
price of its bleach and other
products by 3 per cent. No
one at Blanco could be con-
tacted for comment.

Bapak owner, Glen Rogers,

SEE page 2B

SEPTEMBER 22,



2010

SECTION B ¢ business@tribunemedia.net

By NEIL HARTNELL
Tribune Business Editor

IT “goes without saying”
that the Bahamas has been
lax in protecting copyrighted
works, private sector officials
told Tribune Business yester-
day, the charges levied against
the nine Bahamian straw ven-
dors arrested in New York
the latest episode to suggest
this nation is “not serious in
enforcing its intellectual prop-
erty rights (PR) obligations”.

Both Khaalis Rolle, the
Bahamas Chamber of Com-
merce’s president, and the
organisation’s executive direc-
tor, Winston Rolle, said this
nation needed to become
increasingly aware of copy-

SEE page 4B

$1.8m ‘template’
for construction's
FDI involvement

* Joint BT VI/BCA proposal
aiming to train 1,000
tradesmen and 500
contractors to participate in
Baha Mar over 18-month
period

* Contractor president says
foreign developer agree-
ments ‘lacked’ clauses
mandating financing of
training programmes

By NEIL HARTNELL
Tribune Business Editor

The joint
venture train-
ing programme
designed to
maximise
Bahamian con-
struction indus-
try participa-
tion in the $2.6
billion Baha
Mar project is
intended to be
a “template”
for all future major foreign
direct investment (FDI) pro-
jects, with $1.8 million cur-
rently being sought over 18
months to help train 1,000
tradesmen and 500 contrac-
tors.

Stephen Wrinkle, the
Bahamian Contractors Asso-
ciation’s (BCA) president,
told Tribune Business yester-
day that the organisation was
still awaiting a response from
Prime Minister Hubert Ingra-
ham and the Government to
the training proposal that it
submitted jointly with the
Bahamas Technical and

SEE page 4B

Stephen
Wrinkle



a

* Arrests and charges
levied against straw
vendors latest episode to
suggest Bahamas ‘not
serious in enforcing its
intellectual property
rights obligations’

* WTO and trade
agreements set to
change that, private
sector warns

* Chamber executive
fears Bahamas will wait
‘until last minute’ to
move on copyright, and
urges local businesses
and artists to protect
themselves

* Education key, he says,
to understand why IPR
necessary to protect
existing revenues and
profits



Photo: Tim Clarke/Tribune staff
TOURISM DRAW: The Straw Market. Nine straw vendors have been arrested in New York.

The information contained is from a third
party and The Tribune can not be held
responsible for errors and/or omission
from the daily report



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Year-end target
for $25 million
wind-up close

Mi Some 80 Caledonia clients awaiting
return of $9.134m

Wi Liquidator still seeking court order
to approve increase in client assets
retained from 2% to 4.5%

By NEIL HARTNELL
Tribune Business Editor

The liquidator for a former Bahamas-based broker/deal-
er that collapsed due to a $25 million trading hole is aiming
to “finalise all outstanding matters before the end of 2010”,
with some $9.134 million still to be returned to some 80
fiduciary clients.

Anthony Kikivarakis, the Deloitte & Touche (Bahamas)
accountant and partner, said he had continued to act as
the court-supervised liquidator for Caledonia Corporate
Management despite being instructed by the Supreme
Court’s deputy registrar, Ernie Wallace, to stop working until
a new judge was appointed to oversee the case and approve
payment of fees owing to him.

Tribune Business understands that a hearing has been
scheduled before Justice Stephen Isaacs for next week, dur-
ing which Mr Kikivarakis will seek an order allowing him to
retain a further 2.5 per cent of client assets - roughly $1.675
million - to meet the liquidation’s costs.

Alleging that, with Caledonia insolvent, there was just a
balance of $40,000-$50,000 remaining in the clients’ securi-
ty account to finance his work, the initial 2 per cent of client
assets paid in virtually exhausted, Mr Kikivarakis said he had
already “foreshadowed my application to the court for an
increase of the 2 per cent to 4.5 per cent”.

The 2.5 per cent difference will come from a further 8 per

SEE page 3B

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PAGE 2B, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



UT aT

12.3% growth in arrivals

FROM page 1B



Drawing encouragement from the 3.2 per cent growth in
2010 second quarter stopover arrivals from the US, most of that
growth coming in June, the Ministry of Tourism said the air vis-
itor increase took place at a greater pace in the three months to
end-June, as opposed to the first quarter. This was despite US
economic growth slowing in the 2010 second quarter.

As for Canada, stopover arrivals to the Bahamas from that
market increased by 22 per cent during the 2010 second quar-
ter, most of that growth again coming later in the period dur-
ing May and June.

“The percentage of stopover arrivals from Canada grew
more in the second quarter 2010 than in the first quarter,
despite the fact that the Canadian economy had slowed some-
what in the second quarter,” the Ministry of Tourism said.

The only market where 2010 second quarter air arrivals was
down was Europe, which dropped by 5 per cent year-over-
year.

“The increase in air arrivals to the destination in the first and
second quarters of 2010 was due to a number of important
factors such as the strengthening of the US economy, the
strengthening of the Canadian economy, Spring-Break sea-
son, and the joint promotional efforts of the Bahamas Ministry
of Tourism, the Promotion Boards and the private sector,”
the Ministry of Tourism said.

“In 2010, the islands of the Bahamas, in conjunction with the
private sector, launched a new campaign called ‘Free Com-
panion Air Fare’. This campaign allowed visitors to the
Bahamas to save big on flying into the destination and proved
to be very successful in generating interest in the islands. The
Free Companion Air Fare, which ran for most of the months in
the first half of 2010, greatly encouraged visitors to come to the
destination.”

Breaking down the data by destination, the Ministry of
Tourism said stopover arrivals to Nassau/Paradise Island were
up by & per cent in the 2010 first quarter, and 3 per cent for the
three months to end-June 2010.

Meanwhile, Grand Bahama enjoyed something of a turn-
around, reversing a 19.6 per cent fall in 2010 first quarter
stopover arrivals with a 10 per cent increase in the second
quarter. “The dramatic upward shift in stopover arrivals to
Grand Bahama came as a result of strategic repositioning of
incoming resourcesm namely the re-routing of the Bahamas
Celebration from Nassau/Paradise Island to that island,” the
Ministry of Tourism said.

“The introduction of the Bahamas Celebration to the Grand
Bahama itinerary on March 16, 2010, greatly influenced the
increase in the stopover arrivals to the island in the second quar-
ter 2010. Both the Discovery and the Bahamas Celebration
brought in a sizeable amount of stopover visitors to the island.”

And the Ministry of Tourism added: “It is obvious that
tourism can be the driving force to pull the Bahamas out of the
current deep recession. The ingredients to success include cre-
ative marketing strategies, strong partnerships between the
public sector (Ministry of Tourism) and the private sector
(Promotion Boards, hoteliers, Development Boards), and
recovering economies.

“The Bahamas has been through many recessions along
with the rest of the world, and on each occasion, tourism has
been the driving force to pull the islands out of their murky
depths.”

MSC truck plan ‘misunderstood’

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - The new trucking policy
implemented on Monday by Mediterranean
Shipping Company (MSC) may have been
“misunderstood” by some truckers who
feared the company was attempting to
impose a monopoly.

Last week, several independent truck-
ers and members of the opposition
expressed concern over a notice sent by
MSC to merchants, shipping agents and
brokers in Freeport. PLP MPs Fred
Mitchell and Alfred Sears claimed that the
notice issued by MSC sought to control the
movement of containers at the port, and
increase delivery charges from $120 to $295.

They believed it was an attempt by the
company to monopolise container move-
ments in and out of the Freeport Contain-
er Port by giving exclusive rights to one
trucking service. The new policy was
expected to take effect on Monday.

Kevin Bethel, of Bethel’s Trucking Com-
pany, said the notice he received from MSC
only stated that there would be an increase
in the Freeport destination charge, and it
was going to include trucking.

“Tt did not say it was going to have exclu-
sive rights, it did not say you could not pull
a trailer. I don’t know if they got a different
letter than I got,” he said.

Mr Bethel said a lot of the truckers went
off rumours and speculations instead of
going directly to MSC.

“T did the sensible thing, which I thought
they should have done, too, but they decid-
ed to make noise without going to the

FROM page 1B

said yesterday that factors of produc-
tion costs are mounting, and the now
absent Industries Encouragement Act
incentives have left it fighting to com-
pete. The company manufactures pack-
aging and bottling supplies as well as
water

“Tt has a negative effect on business,”
said Mr Rogers. “It’s very difficult with
the imports. It (Industries Encourage-
ment Act) made it a little easier because
we didn’t have to pay duty on our raw
materials, so it gave us more spread to
lower prices and still make a profit.”

Now, he said, the changes have impact-
ed industriy negatively, as profits tank
with increased costs.

Mr Rogers told Tribune Business when
the increases were announced that
Bapak’s operating costs could increase by
$200,000 per year under the new 10 per
cent duty rate, and that the company’s
pricing structure could take a hit as the

horse’s month,” he said. “When I got the e-
mail I went in and talked with the general
manager (at MSC), and he explained it to
me. What he explained had nothing to do
what these guys making noise about.

“As far as I know they did not go and sit
down and talk with MSC. They went on
what rumours were out there: that (MSC)
was giving one trucking company all the
business and that is not the case, because I
have not been stopped and they are using
me.”

George Williams, of Freeport Transfer
Company, thinks that independent truckers
“misunderstood” the policy.

“MSC has been experiencing a lot of
damage to their containers and they are
trying to limit the amount of people that
can truck their containers,” he told The
Tribune. “There are a number of indepen-
dent drivers...and they are doing a lot of
damage to the containers. The port is open
to everybody and MSC is trying to regulate
and limit the amount of people that can
truck their containers.

Mr Williams said MSC is not allowing
just one company to move their containers.

“As far as I know, there are about five or
six companies and certain individual truck-
ers that can truck for their customers,” he
said. The Tribune attempted to contact
MSC’s office in Freeport, but its phone
number was constantly busy. When we
tried again after Spm, an automated voice
recording came on.

Forrester Carroll, owner of Expert Cus-
toms Brokers, said MSC cannot dictate
who will deliver the containers from the
docks to clients’ premises.

“MSC cannot legally make this decision

Duty end’s
price rises

new tariff is implemented.

He added that the cost of electricity in
the Bahamas was also a major hindrance
to industry, as those businesses pay the
same rates as residential customers and
three times that of competing manufac-
turers in the US. Mr Rogers lamented
that the costs of manufacturing are so
low, and the scale so big, in the US, that
is it almost impossible to compete with
imports without special industrial con-
cessions or industry incentives.

“We’re competing with mainly imports
from the US,” he said. “How many mil-
lion people in Florida? When you tool up
to make a certain product for a market,
the more you put out, the less each piece
costs. It’s expensive for us to buy equip-
ment like they have in Florida, and all of

without the written or verbal agreement
of each and every one of their clients affect-
ed individually,” said Mr Carroll.

According to Mr Carroll, the terms of
MSC’s carriage contract for the cargo is
“dock to dock, which means that that the
limited contract entered into with their
clients only allows MSC to bring clients’
cargo from the docks at the port of origins
to the dock here in Freeport or Nassau.

“The movement from the docks here in
the Bahamas is another contract which
their clients chose to give to one or other of
the truckers, not MSC,” Mr Carroll said.

“MSC can stipulate terms and conditions
on truckers when handling their containers
from the docks to the clients’ premises.
This is a decision that only the client can
make. The legal aspect was not dealt with in
the statement.”

MPs Fred Mitchell and Alfred Sears said
the huge increase in delivery costs will have
to be passed on to the consumers, further
driving up the cost of doing business in
Freeport and in Grand Bahama.

“Even if this huge increase could be jus-
tified, what it means is that the customer
will no longer be able to choose who will
move their goods out of the Container Port.
MSC will have the exclusive right to choose
who will move those goods and set the
price.

“We are advised that MSC already dis-
criminates against various truckers on the
basis of personal considerations. MSC pro-
poses to give only one trucking service the
exclusive right to move those containers
at a price which they will set. This is wrong
and should not be allowed to stand,” they
said.

this hasn’t been taken into considera-
tion. They (Florida manufacturers) have
machines producing one million bottles
of water per day. Here we can produce
only 2,000 per hour.

“The Government needed to get mon-
ey from somewhere and this (imports) is
the area to get it from.”

Mr Rogers said water from the US can
overrun the Bahamian market because
the size of their production lowers the
cost per bottle. Bapak produces only
48,000 bottles per day - a 95 per cent
production disparity.

Marketing officer for Aquapure, Ryan
Knowles, told Tribune Business that the
tariff changes have had a nominal effect
on business this summer. However, he
said the summer busy season might not
show the true loss that could be felt in the
next few month when business slows.

Mr Rogers said the Government has to
focus on manufacturing in order to help
the sector survive. “Until they get serious
about manufacturing, nothing is going
to happen,” he said.

NOTICE OF PROPOSED MERGER

pursuant to

SECTION 75(2)(a)

of the

COMMUNICATIONS ACT, 2009

. The Utilities Regulation and Competition Authority (URCA) hereby
gives notice that on September 17, 2010 a Full Notification for the
proposed merger between Cable Bahamas Limited (CBL) and Systems
Resource Group Limited (SRG) has been submitted to URCA for
approval.

. Under the proposed merger, SRG will be merged with and into CBL
and SRG will become a wholly owned subsidiary of the merged
company.

Under the Communications Act, 2009, URCA shall give any interested
persons a reasonable opportunity to make representations and consider
the representations before forming any opinion or issuing any adjudication
on whether the proposed merger would result in a change of control
that would have or be likely to have the effect of substantially lessening
competition in a market in The Bahamas.

. Under the Communications Act, 2009, URCA is required to issue an
adjudication within thirty (80) calendar days of receiving the Notification,
unless there is a need to open an in-depth investigation. It is necessary
for URCA to receive representations from interested persons well within
the thirty (80) day timeline in order to ensure that such representations
can be considered, analyzed and incorporated into URCA’s deliberations.

. Therefore, URCA will consider all representations on the proposed
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APPLIANCES & ELECTRONICS





THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 3B





Pam real
an PemIiVili(y

wind-up close



FROM page one

cent of Caledonia client assets that were placed in trust to act
as a reserve pending the outcome of an investigation by
Mr Kikivarakis into an unexplained $500,000 shortfall.

His application for an extra 2.5 per cent is unlikely to
please many Caledonia clients who are desperate to recov-
er their remaining assets more than two years after the
company was placed into court-supervised liquidation.

Alleging that he had been responsible for 500 Caledonia
clients, including 220 fiduciary clients, Mr Kikivarakis said:
“My role has been two-fold since the liquidation began , that
of a liquidator of an insolvent company and that of trustee
of fiduciary assets, the properties of various trust benefi-
ciaries..

“The company has approximately $40,000 in cash, which
Ihave allocated to pay the expenses of a former employee
of the company and the payment of a computer lease main-
tenance fees, instead of the costs of my agents and I,
although we have a first claim on these.”

Account

Due to the clients’ security account being “virtually
exhausted”, Mr Kikivarakis said he and his staff, plus attor-
ney Alfred Sears of Sears & Co, had “not been paid for the
work done over the past 15 months”.

Yet he added: “I am aware of the concerns of the trust
beneficiaries to have the balance of the assets returned to
them, and to this end I plan to approach the court before the
end of 2010 to have all outstanding matters finalised.”

Mr Kikivarakis listed a variety of reasons for why he had
been unable to return some 80 Caledonia clients’ assets,
totalling $9.134 million, to them.

Another 80 clients have received 90 per cent of their
assets, worth $60.362 million, the remaining 10 per cent
accounting for funds withheld to cover the liquidator’s costs.
Some 89 per cent of client assets had been returned, the liq-
uidator alleged.

Caledonia collapsed into liquidation after suffering an
almost-$25 million trading loss, which resulted when Jit-
ney, its Canadian correspondent broker, sold off assets to
cover an overdrawn margin loan balance that was not col-
lateralised by the client who had created the ‘hole’ in ques-
tion.

That overdrawn balance was in an account operated nom-
inally by a Ron Wyles, whose trading activities were direct-
ed by George Georgiou, a Canadian who has since been of
securities fraud in.

Much of the fraudulent activity was allegedly directed
from the Caledonia account.

Jitney ended up selling off assets belonging to Caledonia
clients other than Wyles/Georgiou because they were all
pooled in one omnibus account with it, with no segregation.
The duo had allegedly been engaged in short-selling, a high-
risk trading strategy supposedly collateralised by so-called
‘penny stocks’, and incurred substantial losses that eventu-
ally sunk Caledonia.

Twitter hack opens
popups, causes havoc

BARBARA ORTUTAY,
AP Technology Writer
NEW YORK

A new way to cause mis-
chief quickly spread through
short-messaging service Twit-
ter on Tuesday morning
before the site could fix the
problem, as mysterious
"tweets" of blocked-out text
propagated themselves and
caused popup windows to
open.

Shortly before 10 a.m.
(1400 GMT), Twitter said on
its "safety" feed on the site
that the attack had been shut
down. It also said it does not
believe that any user infor-
mation was compromised,
rather, the "vast majority” of
the breaches were pranks or
promotions.

The hack had been extra
nefarious because the tweets
activated without being
clicked on — it was enough
for Web surfers to move their
mouse cursors over them. But
it only affected visitors to
Twitter.com. Various third-
party programs used to send
and read tweets, such as
Tweetdeck, were unaffected.

The popups could, though
didn't necessarily, contain
malicious code that could take
over poorly protected com-
puters. The White House's
official Twitter feed — fol-
lowed by 1.8 million users —
was among those affected,
though the offending message

was quickly taken down.

Fittingly for Twitter, which
limits messages to just 140
characters, the virus may have
been among the shortest on
record. According to security
software maker F-Secure
Corp., the shortest virus so
far was just 22 characters long.

Twitter said in a blog post it
was notified of the security
breach at 5:54 a.m. The prob-
lem was caused by something
called "cross-site scripting."
This allowed users to run
JavaScript programs on oth-
ers' computers, turning tweets
different colors or causing the
pop-up boxes to appear.
Some users, Twitter added,
took things a step further and
included code that got peo-
ple's accounts to re-tweet the
messages without their knowl-
edge.

"Tt was like a massive snow-
ball fight that got out of con-
trol," said Ray Dickenson,
chief technology officer at
computer security firm
Authentium.

But while the effects of
Tuesday's mischief were very
visible — such as the pop-ups
— and playful, Dickenson
said that he was worried
because JavaScript can quiet-
ly do more malicious things,
like sending people to sites
that can infect computers.

Security breaches had been
common in Twitter's early
days, but the company has
since worked to beef up its

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PAGE 4B, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



Lata ore ae ree e203 Ne
Baha Mar’s ‘high stakes’ caused $25m legal bill | Copyright protections ‘straw’ hase

FROM page 1B

ommending that it pay Harrah’s, and its
Caesars Bahamas Investment Corporation
vehicle, $12.174 million to cover the lat-
ter’s legal costs, the gaming giant alleged
before the New York State Supreme Court
that its fees were reasonable in comparison
to those paid by its former partner.

“This case was initiated as a relatively
simple contract action involving a four-
page declaratory judgment complaint by
Caesars Bahamas,” Harrah’s alleged in its
motion. “In response, Baha Mar served a
211-page paragraph answer containing six
counterclaims and third-party claims.

“Among Baha Mar’s claims were causes
of action for fraud and tort, and a request
for specific performance of a $2.6 billion
casino and resort project in the Bahamas.
Baha Mar’s expert eventually alleged eco-
nomic damages of at least $289 million.”

Drawing on the referee’s finding that it
was required to spend “enormous amounts
of time responsively” in relation to Baha
Mar’s documents and witness testimony
requests, Harrah’s alleged: “The enormous
scope and high stakes of this litigation are
independently demonstrated by the $12.6
million in legal fees and litigation costs
incurred by Baha Mar.

“These fees and costs, which the special

referee noted were undisputed, are higher
than the $12.2 million in fees and costs
being claimed by Caesars Bahamas.

“In response to Baha Mar’s unsupported
assertion that Caesars Bahamas’ legal
staffing levels were unnecessary, Caesars
Bahamas introduced into evidence a chart
comparing staffing levels of Baha Mar’s
counsel and Caesars Bahamas. In all but
three of the 20 months covered by the fee
application, Baha Mar’s counsel employed
the same or higher numbers of staff than
Caesars Bahamas’ counsel.”

The chart, which was attached to the
Harrah’s motion, showed that at the litiga-
tion peak in summer 2008, Baha Mar’s
attorneys, Davis, Polk & Wardell,
employed a maximum of 66 attorneys on
the case in June 2008. Harrah’s legal rep-
resentatives, Latham & Watkins, hit their
peak in July 2008, with 59 attorneys.

Harrah’s said the special referee had also
rejected Baha Mar’s objections to specific
entries in its legal billing. Among the work
the Cable Beach developer had identified
as unnecessary was a motion to de-desig-
nate documents that Caesars Bahamas had
allegedly compromised.

In response, Harrah’s said that after two
court hearings it withdrew its opposition
to this Baha Mar motion, something that
reduced legal fees for both sides.

“Moreover, Caesars Bahamas’ change
in position came not as a result of games-
manship, but after this court granted Cae-
sars Bahamas a preliminary injunction pro-
hibiting Baha Mar from filing a separate
fraud action against Caesars Bahamas’ cor-
porate parents in the Bahamas,” Harrah’s
alleged. Baha Mar had sought the de-des-
ignation of testimony expressly to use in
this separate fraud action. Thus, when Baha
Mar was foreclosed from filing suit, Caesars
Bahamas’ concerns about the use of depo-
sition testimony was made moot, and it
withdrew its opposition.”

Caesars Bahamas also withdrew an
amended complaint against Baha Mar on
the grounds that “it would further escalate
the dispute and potentially delay the ulti-
mate resolution of the issues, leading to
greater costs”.

For its part, Baha Mar is alleging that
there is insufficient evidence to support
Caesars Bahamas’ claim that it is owed $12
million in legal fees.

The Cable Beach developer, which is
still working furiously to consummate its
partnership with two Chinese state-owned
entities so that the $2.6 billion project can
proceed, alleged that the special referee
had placed “undue weight” on its legal
costs to help determine those of Caesars
Bahamas.

FROM page 1B

Vocational Institute (BTVI)
some three to four weeks ago.

He added, though, that it
attempted to address some-
thing “lacking” in previous
agreements made between





$1.8 million ‘template’ for construction’s FDI involvement

the Government and major
foreign investors, namely the
absence of any financial con-
tribution by the developer to
training Bahamian contrac-

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tors and tradesmen to partic-
ipate in the project’s con-
struction.

“When we’re talking about
concessions and negotiations,
this should be a natural course
of events, which up till now
has not been the case,” Mr
Wrinkle told Tribune Busi-
ness.

“We're pleased to have had
an opportunity to present a
proposal that could hopefully
be a part of Baha Mar and
any subsequent agreement
with foreign direct investment
operators. One of the things
we’ve found lacking was that
there was no specified or
mandatory funding require-
ment in any of the foreign
direct investment agreements
or Heads of Agreement.

Wonderful

“Baha Mar represents a
wonderful opportunity for the
BCA and stakeholders to pro-
pose a project that could be
used repetitively. We antici-
pate that it could be used as a
template for future foreign
direct investment projects.”

Mr Wrinkle again urged the
Government to move forward
with the passage of the Con-
tractors Bill, as it would pro-
vide the foundation for licens-
ing and certifying all Bahami-
an contractors, and ensure
they operated to globally-
recognised standards.

He described the Contrac-
tors Bill as “a tremendous
asset” for the BCA’s ‘2010 ini-
tiative’, the project to ensure
as many Bahamian workers
and contractors participated
in the potential Baha Mar
construction as possible.

“We've laid out a training
programme for review, and
we have requested funding
for it within the scope of the
approvals process - the Gov-
ernment approvals process -

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for Baha Mar,” Mr Wrinkle
told Tribune Business.

“We prepared a position
paper on it, submitted it to
government and all the rele-
vant stakeholders, and put
together a joint proposal from
ourselves and BTVI to initiate
several training programmes
to prepare the maximum
number of Bahamians to par-
ticipate in the project.”

The BCA president added
that while the training initia-
tive’s scope was initially con-
fined to Nassau, if it was
extended to the Family
Islands the costs were set to
increase.

“We know we can’t do the
training without some fund-
ing,” Mr Wrinkle added. “The
proposal we laid out was at a
bare minimum $1.8 million
over 18 months. That was pri-
marily based on everything
happening in Nassau. If we
extended it to include the
Family Islands, that number
would grow. It’s just a ques-
tion of how much funding
would be available.

“The way the proposal is
currently structured, we were
targeting 1,000 tradesmen and
500 contractors.”

On the contractor front, Mr
Wrinkle said the training
effort was chiefly geared
towards the “small building
contractor” with a labour
crew of three to five individ-
uals. The goal was to get these
contractors “Trade or Divi-
sion certified”, he explained,
getting them specialised in a
particular construction field.

This, Mr Wrinkle said,
would make them more
attractive to foreign develop-
ers and contractors/project
managers, as tenders issued
for major FDI projects were
broken down by trade.

While waiting to see
whether Baha Mar went
ahead, Mr Wrinkle said the
BCA and BTVI were still
moving forward with plans for
their education initiative, so
that they would be in a “go
position” and able to “initi-
ate programmes immediate-
ly”.

“We’re trying to fine tune
everything and get ducks in a
row, so that when they pull
the trigger, we’re ready to
go,” Mr Wrinkle told Tribune
Business.”

FROM page 1B

right’s importance, especially since intellectual property rights
protection was a key component to many of the trade agree-
ments the Government was signing on to - such as the World
Trade Organization (WTO) and Economic Partnership Agree-
ment (EPA).

“Tt’s very simple,” Khaalis Rolle told
Tribune Business. “We are about to sign
on to these agreements, and the complaint
has been levelled before that we’re not
serious in enforcing intellectual property
rights obligations.”

He described the alleged incident involy-
ing the nine Bahamian straw vendors as
“symptomatic” and “just the beginning” of
the adjustments this country would have to
make in respecting and enforcing intellec- L
tual property rights, adding: “That’s the
way the world is moving.”

When asked by Tribune Business whether the Bahamas had
a poor track record on intellectual property rights enforce-
ment, Winston Rolle replied: “Absolutely.”

Evidence to support this assertion comes from the street
corners inhabited by sellers of ‘knock-off DVDs and CDs;
the Bahamas’ previous regular appearance on the US Trade
Representative’s Special 301 reports and other copyright-relat-
ed reports; and, yes, the Straw Market, where for many vendors
the sale of counterfeit designer labels, handbags, wallets and
jewellery to tourists has become their principal source of rev-
enues and profit.

Given the regular trips many vendors allegedly make to
Miami and New York to stock up on these counterfeit items, it
is surprising that none have been caught like this before. The
nine arrests, and subsequent charges, are likely to have some-
thing of a chilling effect on Bahamian straw vendors travelling
to the US to source ‘knock-off and counterfeit items.

It has long been thought that the Bahamian authorities are
reluctant to tackle sellers of counterfeit goods, fearing accusa-
tions that they are preventing people from making a living, espe-
cially during a recession.



Counterfeit

However, among the negative consequences of counterfeit
goods sales are the loss of tax revenue by the Government
and associated public sector entities; the impact on legitimate
businesses, such as movie theatres and music stores; and the fact
that the revenues from such sales have been used to finance
organised crime and, even, terrorism.

Winston Rolle told Tribune Business that the private sector
needed to recognise just how important intellectual property
rights, and their enforcement, were to their future conduct of
business both in the Bahamas and internationally.

“That’s one of the things we need to be very mindful of,
because all businesses in the Bahamas need to look at not just
how they conduct business locally, but internationally with
global businesses,” he explained.

The perception of lax intellectual property rights enforcement
in the Bahamas might impact the export of goods and services
by Bahamian companies, the Chamber’s acting executive direc-
tor added.

“Tf the Bahamas signs on to a number of these trade agree-
ments, it’s going to level the playing field,” Winston Rolle
said. “Persons are going to have parameters in which to conduct
business, and if they’re conducting business outside those para-
meters, they’re going to have to give that consideration.

“T know for a fact that when we sign on to these agreements
there are certain regimes you have to put in place for moni-
toring and enforcing these things. For the private sector, the
major [issues] are going to be related to software develop-
ment and software usage. Some of these things we have to
take care of.”

While intellectual property rights enforcement would not
require a major cultural change, Winston Rolle expressed con-
cern that the Bahamas would, typically, leave reform to the last
minute.

“T think that what’s going to happen, in typical fashion, is that
we’re going to wait for the last minute as opposed to being
proactive and saying, as we go into the New Year: ‘In light of
things pending to take place, what do we need to do, given what
will happen in the future’,” Winston Rolle said.

The Chamber executive said educating the private sector
on copyright and how it affected them was critical, adding:
“Even before we get to enforcement, we need to get to edu-
cation. We need to understand what’s at stake, and only when
we do that will we have appreciation of the need to protect rev-
enue and profit streams that currently exist.”

An IT specialist, Winston Rolle told Tribune Business that an
ongoing concern for software developers such as Microsoft
was whether companies were obtaining the necessary licences
permitting them to use these products.

While the majority of companies obtained these licences,
others did not, and Winston Rolle said: “One of the things
that we have to get to grips with is that companies have estab-
lished operations based on doing it in an incorrect way, so
when the time comes to doing it the correct way, they will see
additional costs they have not factored into the business plan-
ning process.

“It also means that local software developers, or even
Bahamian musicians, must properly register their intellectual
property before someone else gets the idea and steals from you.

“Tt deals with how we conduct business with the interna-
tional community from an acquisition perspective, but also
means we have to be concerned with protecting what we have.”

THE COLLEGE OF THE BAHAMAS

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THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 5B



INTERNATIONAL BUSINESS



Ahmadinejad blames
capitalism for poverty

EDITH M. LEDERER,
Associated Press Writer
UNITED NATIONS

Iran's president on Tuesday
predicted the defeat of capital-
ism and blamed global big busi-
ness for the suffering of mil-
lions, but Germany's chancellor
said market economies were
key to lifting the world's least
developed countries out of
poverty, according to Associat-
ed Press.

The clash of visions at the
UN. anti-poverty summit drew
a line under the stark differ-
ences on easing the misery of
the one billion people living on
less than $1.25 a day.

More than 140 presidents,
prime ministers and kings are
attending the three-day sum-
mit which started Monday to
assess and spur on achievement
of U.N. targets set by world
leaders in 2000. The plan called
for an intensive global cam-
paign to ease poverty, disease
and inequalities between rich
and poor by 2015.

Iranian President Mahmoud
Ahmadinejad, however, never
mentioned the Millennium
Development Goals in his
speech to the 192-member
General Assembly.

Instead, he took aim at capi-
talism and called for the over-
haul of "undemocratic and
unjust” global decision-making
bodies, which are dominated
by the United States and other
Western powers. While
Ahmadinejad didn't single out
any country, he said world lead-
ers, thinkers and global reform-
ers should "spare no effort" to
make practical plans for a new
world order — reform of inter-
national economic and politi-
cal institutions.

"It is my firm belief that in
the new millennium, we need
to revert to the divine mind-
set...based on the justice-seek-
ing nature of mankind, and on
the monotheistic world view...,"
the Iranian leader said in a brief
speech intertwining philosophy
and religion with the current
state of the world. "Now that
the discriminatory order of cap-
italism and the hegemonic
approaches are facing defeat."

Ahmadinejad proposed that
the United Nations name the
coming 10 years "the decade
for the joint global gover-
nance."

Soon afterward, German
Chancellor Angela Merkel, the
world's fourth-largest econom-
ic power, took an opposite tack,
likely speaking for the rest of
the capitalist world.

Stressing that "the primary
responsibility for development
lies with the governments of
the developing countries," she



(AP Photo/Aaron Jackson)

SPEAKING OUT: Iranian President Mahmoud Ahmadinejad speaks at
a summit on the Millennium Development Goals at United Nations
headquarters on Tuesday, Sept. 21, 2010.



INTERNATIONAL
BUSINESS

said the key to economic pros-
perity was good governance
and a flourishing capitalist
economy.

"The countries themselves
must promote the development
of a market economy...for with-
out self-sustaining economic
growth developing countries
will find the road out of pover-
ty and hunger too steep to trav-
el," Merkel said.

The German leader said
international assistance can't
substitute for domestic
resources, warned that "devel-
opment aid cannot continue
indefinitely" and declared that
"support for good governance
is as important as aid itself.”

UN. Secretary-General Ban
Ki-moon has said the world is
"on track" to cut extreme
poverty by half, the No. 1 goal,
though some critics say it's
mainly because of the big
strides in China and India.
Many recent reports show that
the world's poorest countries,
especially in sub-Saharan
Africa, have made little
progress in eradicating poverty.

And in Africa, Asia and
Latin America there also has
been a lack of progress in meet-
ing other key goals: reducing
mother and child deaths,
increasing the number of peo-
ple with access to basic sanita-

tion, and promoting women's
equality. Ban is expected to
launch a new initiative Wednes-
day to spur action on improving
the lot of women and children.

In his speech, Ahmadinejad
did not mention Iran's nuclear
program or the four rounds of
UN. Security Council sanctions
over Tehran's refusal to prove
it is not trying to build a nuclear
weapon. Iran claims it is only
working on nuclear power to
generate electricity.

The subject may be raised
again Thursday when the Gen-
eral Assembly's annual minis-
terial meeting begins.

Russian Foreign Minister
Sergey Lavrov raised the sanc-
tions issue in his speech, say-
ing U.N. sanctions were not
intended to harm ordinary civil-
ians. He voiced "serious con-
cern" at additional sanctions
imposed by individual coun-
tries. The criticism appeared
aimed at the United States, the

European Union, Australia,
Canada, Japan and South
Korea, ‘all of whom have
imposed their own much
tougher sanctions on Tehran.

"We are convinced that such
practice contradicts the efforts
to achieve the MDGs and must
be brought to an end," Lavrov
said, using the initials of the
Millennium Development
Goals.

To counter these threats,
Lavrov said Russia was ready
to help with information and
communication technology "to
bridge the gap between the
developed and developing
countries and — as a result —
to promote global develop-
ment."

President Ellen Johnson Sir-
leaf of Liberia, one of the
world's poorest nations that has
made progress because of the
goals, said Africa "still has far
to go" but if efforts are intensi-
fied “we will, ultimately,
achieve them.”

"My message is this: As we
renew our resolve in 2010, we
must recognize the need for
inclusive economic growth. We
need rapid, stable, and sus-
tained growth that creates jobs,
especially for youth and in sec-
tors that benefit the poor, and
expands opportunities for
women," she said.

Pakistan's Foreign Minister
Shah Mahmood Qureshi said
until a few years ago his coun-
try was on track to achieve a
number of the MDGs, but the
fight against terrorism and the
recent unprecedented flooding
"have changed almost every-
thing."

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N

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CIPARI LIMITED

N OTICEJS HEREBY GIVEN as follows:

(a) CIPARI LIMITED is in voluntary dissolution under the provisions
of Section 137 (4) of the International Business Companies Act

2000.

(b) The dissolution of the said company commenced on the 21st
September, 2010 when the Articles of Dissolution were submitted
to and registered by the Registrar General.

(c) The Liquidator of the said company is Dizame Consulting SA,
Pasea Estate, Road Town, Tortola, BVI

Dated this 23rd day of September, A. D. 2010

Dizame Consulting SA
Liquidator



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PROTEST: Ayton Eller, right, of Brooklyn, holds an Israeli flag in
front of the United Nations to protest Iranian President Mahmoud
Ahmadinejad’s visit.

Dr. Kendal V.O. Major and staff would like to

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DR. ALIA P. CAMPBELL DDS

(General Practitioner)
to the practice of Center for Specialized Dentistry
#87 Collins Ave.
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Wishing her success, as she contributes to a healthy
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“Touching people changing lives”

LEGAL NOTICE

NOTICE

SEB INTERNATIONAL HOLDINGS LIMITED

N OTICEIS HEREBY GIVEN as follows:

(a) SEB INTERNATIONAL HOLDINGS LIMITED is in
voluntary dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000.

(b) The dissolution of the said company commenced on the 10th
September, 2010 when the Articles of Dissolution were submitted
to and registered by the Registrar General.

(c) The Liquidator of the said company is Manex Limited, The
Bahamas Financial Centre, Shirley & Charlotte Streets, Nassau,
Bahamas

Dated this 21st day of September, A. D. 2010

Manex Limited
Liquidator

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PAGE 6B, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



INTERNATIONAL BUSINESS

ee GAR Uae

Tile ASSOCIATED PRESS

A look at economic developments and activ-
ity in major stock markets around the world
Tuesday:

DUBLIN — Ireland sold euro1.5 billion ($2
billion) in government bonds in a closely
watched test of whether international investors
would keep buying Irish treasuries despite the
country's deficit, the biggest in debt-burdened
Europe.

Analysts called the auction a success, not-
ing it attracted bids 5.1 times the amount of
bonds on offer.

Together with solid bond auctions in Spain
and Greece, the sale offered markets reassur-
ance for the moment that Ireland and other
indebted countries were getting some relief
from short-term market pressures.

But analysts cautioned that Ireland had to
pay higher-than-expected interest rates com-
pared to previous bond auctions, reflecting
investors’ fear of an eventual Irish default.

And the higher rates could be an additional
financial burden in coming years.

Shares in Europe dipped. The FTSE 100
index of leading British shares closed down 0.5
percent, Germany's DAX fell 0.3 percent and
the CAC-40 in France ended 0.1 percent lower.

TOKYO — Asian trading was mixed.
Japan's Nikkei 225 stock average surrendered
early gains to close down 0.3 percent as the
country returned from a Monday holiday.

Hong Kong's Hang Seng rose 0.1 percent,
the Shanghai Composite Index inched up 0.1
percent and Australia's S&P/ASX 200 dropped
0.3 percent.

MILAN — Unicredit CEO Alessandro Pro-
fumo was battling for his job after losing sup-
port from a key shareholder, in what some say
is turning into a political battle for control of
Italy's largest bank.

Profumo was seen leaving the bank's Milan
headquarters ahead of an emergency board
meeting in the evening, and analysts say he
may announce his resignation.

"The bank is officially denying reports of a
resignation," spokeswoman Paola Di Raimon-
do said before the meeting was set to begin.

A Unicredit Group foundation, which counts
members of the right-wing Northern League
party on the board, have expressed reserva-
tions about Libya's growing role as a share-
holder, bringing what has been for weeks a
media-fueled confrontation to a boardroom
showdown.

LONDON — Britain's public sector bor-
rowing soared to 15.9 billion pounds ($24.7 bil-
lion) in August, a record for the month and
well above analysts’ estimates.

ATHENS, Greece — About 2,500 protesting
truck drivers, carrying Greek flags and shouting
"shame" and “thieves,” marched to parliament
on the ninth day of demonstrations against
planned labor market reforms.

The new rules will eventually affect a number
of other professional groups, including phar-
macists and civil engineers.

Greece has promised to reform its labor mar-
ket as part of austerity measures agreed in
return for euro110 billion ($144 billion) in res-
cue loans from European countries and the
International Monetary Fund.

VATICAN CITY — Italian authorities
seized euro23 million ($30.18 million) from a
Vatican bank account and said they have begun
investigating top officials of the Vatican bank in
connection with a money laundering probe.

The Vatican said it was "perplexed and sur-
prised" by the investigation.

Italian financial police seized the money as a
precaution and prosecutors placed the Vati-
can bank's director general and its chairman
under investigation for alleged mistakes linked
to violations of Italy's anti-laundering laws,
news reports said.

KUALA LUMPUR, Malaysia — Malaysia
has set an ambitious target of luring $444 billion
of investments over the next decade to become
a developed nation by 2020, but some analysts
warned the plans are unrealistic and may be
hampered by a long-standing affirmative action
policy that favors the ethnic Malay majority.

AMSTERDAM — The Netherlands’ queen
and the outgoing prime minister presented an
austere annual budget that cuts spending on
health care, immigrants, and government work-
ers — a foretaste of more far-reaching cuts
likely to come under the conservative Cabinet
now being formed.

SINGAPORE — Global airlines have
rebounded faster than expected from the reces-
sion after losing nearly $26 billion over 2008 and
2009, the industry association said, raising its
profit forecast for this year.

KUALA LUMPUR, Malaysia — Malaysia is
studying the possibility of letting its currency
trade freely overseas, officials said while play-
ing down the prospect of immediate changes.

ifmey, The Bahamas

Perv

Stocks climb as the
Fed leaves door
t stimulus



David Goldman/AP Photo

KEEPING FOCUS: In this photograph taken Sept. 20, 2010, trader Gregg Maloney looks at his
screens while working on the floor of the New York Stock Exchange, in New York.

STEPHEN BERNARD,
AP Business Writer
NEW YORK

Stocks and bonds rose
Tuesday after the Federal
Reserve said it was ready to
provide more help to the
economy if necessary.

The Fed didn't announce
new purchases of government
debt or other specific mea-
sures to help the economy
now, but it did leave the door
open to such steps in the
future, as investors were hop-
ing.

The central bank said that
inflation remains below lev-
els that indicate a healthy
economy, and that it was
ready to act to provide "addi-
tional accomodation" to sup-
port the recovery, if needed.
That could mean more pur-
chases of Treasury bonds or
other debt, which would keep
interest rates low.

Stocks had been trading
lower ahead of the Fed's
announcement but turned

COMMCIW?EALTH CF THE BAHAMAS
PN THE SUPREME COURT
Comemma [ew and Exp (emai





INTERNATIONAL
BUSINESS

higher in afternoon trading
shortly after the central
bank's statement was
released.

The Dow Jones industrial
average rose 44.50 points, or
0.4 percent, to 10,798.12 in
late afternoon trading. It was
trading slightly lower for most
of the day before the Fed's
announcement came out.

Broader indexes had more

20) CLE gai! Mo.

modest advances. The Stan-
dard & Poor's 500 index rose
1.27, or 0.1 percent, to
1,143.98, while the Nasdaq
composite rose 1.97, or 0.1
percent, to 2,357.80.

The gains extended a three-
week rally that has defied
expectations that stocks
would slump in September,
which is historically a weak
month for stocks. The Dow
is up 7.9 percent so far this
month, and broader indexes
are up even more. The S&P is
up 9.1 percent, the Nasdaq
11.6 percent. Treasurys rose
after the Fed's announce-
ment, sending interest rates
lower.

The yield on the 10-year
Treasury note fell sharply to
2.60 percent from 2.70 per-
cent the day before. Its price
jumped 90.6 cents to $100.18.

The yield is a common
benchmark for setting interest
rates on corporate debt and
mortgages.

SEE STORY ON PAGE7

SE eT ts

ME rT

NEW YORK



Oil prices fell on Tuesday

IN THE MATTER CF All That lot of baad conesiniag about 4,531
sys fect sotuate on the South mde of Rooseveh Avenue and
appeceimanchy 360) feet [iast of Mackey Street, New Prondence, in The
Habaras.

as traders worried whether
demand for energy products
will strengthen as the U.S.
economy continues to strug-
gle, according to Associated
Press.

Benchmark oil lost $1.34 to
settle at $73.52 a barrel on the
last trading day for the Octo-
ber contract on the New York
Mercantile Exchange. Many
traders moved to the Novem-
ber contract, where the price
fell $1.22 to settle at $74.97 a
barrel. Analysts said oil
traders were more concerned
with selling futures contracts
before they expired than
Tuesday's Federal Reserve
meeting. While Fed policy-
makers said they were pre-
pared to provide additional
support for the economy, they
did not announce any specific
stimulus programs.

"T think the market was
really just under pressure all
day because today is the
October crude contract expi-
ration," said Tom Bentz, ana-
lyst at BNP Paribas Commod-
ity Futures in New York. "I
don't really see the connec-
tion to the Fed's statement."

Although the Federal
Reserve's actions are impor-
tant, the record oversupply of
oil and gas is "really starting
to weigh on people's minds,"
said Michael Lynch, president
of energy consulting firm
Strategic Energy & Economic
Research in Winchester,
Massachusetts.

The Energy Department
will release its latest inventory
data on Wednesday. They are
expected to show crude oil
stocks down 1.5 million bar-
rels and gasoline stocks
unchanged for the week end-
ing Sept. 17, according to ana-
lysts surveyed by Platts, the
energy information arm of
McGraw-Hill Cos.

In other Nymex trading in
October energy contracts,
heating oil fell 1.95 cents to
settle at $2.1199 a gallon,
gasoline lost 3 cents to settle
at $1.9196 a gallon and natur-
al gas gained 9.7 cents to set-
tle at $3.919 per 1,000 cubic
feet. In London, Brent crude
fell 94 cents to settle at $78.42
a barrel on the ICE Futures
exchange.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

This notice is issued to provide Bahamian nationals and other related persons with
information relating to the certification required to serve onboard a ship undertaking
an international voyage as:

An Officer, or

Rating, or

Able Seaman’ Able Seafarer, or

Cook, or

Any other capacity with designated safety, security, cargo operations or

environmental protection duties,

AND IN THE MATTER OF the Pettion of Thelma Parseh Carey.
NOTICE
The Quieting Tides set, 1959 (Ch. 19%)

THE PETTING of Theirea Pamela Carey of Seubrerse: Estates, New loeidence,
in respect-o8 ALL THAT lot containing 4551 sqeare feet siteate South of ooserelt Avenue
and aboot 59) fet Eat of Mackey Street, New Promdeace, The Bahamas, bounded
NORTH by Roosevelt Avenue and romeiag thereun S051 iret on the EAST be Lot 214 in
Prfrom’s Subcbvtion and runming deren (4H) feet and by petin of Loe 215 in Pyfce’s
Sebdivision and ousningy theron 27.28 foot on the SOUTH by property off Henry F. Seer
and running thereon 4.55 feet and on the WEST by property of Robert Thumpson asd
roneung thesean 6.15.

THELMA PAMELA CAREY dims to be the over of the foe comple estate in
pensssnod of the said lad free bom cacenbeances.

AND the petitioner has made application m the Supreme Count of the
Commonwealth of The Fahumas wnder Secuon 3 of the Quicting Tides Act, 1959 to have
her otk: to dhe said lind investigated and the mature and the extent cheneul determined and
dechred in a Cerificate of Tithe to be granted by the Court m accordance with te
petoeivdocs cf de said Act.

NOTICE is hereby giren that any peru or person: having an adverse claim shall
ane of befoee dhe 13° dy of Newember, (LD, 2000 file tn the Supreme Coert and serve oa
the petitioner or the undersigned a sturemeet of his claim in the poesoribed form verstied bbe
an affidavit to be filed thesewith. Failare of any such posson to fle any such chim on or
before the 17° day of November, (0. 2010 shall persis asa har tm such clare,

A COPY of the fled plan ray be iapected at

1. The Regfsry of the Supreme Ceuct, Fast Stret, Nassne, Bahamas

All parties shall note that an international voyage is any voyage to a port or port
facility outside The Bahamas.

All persons should note that in accordance with The Bahamas Werchan Shipping, The
Bahamas Merchant (Training, Certification, Manning & Watch-keeping) Regulations,
Merchant Shipping (Certificate af Competency as A.B.) Regulations and The Bahamas
Merchant (Certificate as Cook) Regulations, all persons shall be duly certificated to
undertake the required role prior to sailing onboard the ship.

All Officers, Ratings and Able Seaman/Able Seafarer are required to be certificated in
accordance with the International Convention on the Standards of Training,
Certification and Watch-keeping for Seafarers as amended (STCW). All persons
assigned designated safety, security and environmental protection duties shall satisfy
the relevant requirements of STCW. All persons shall:

be a minimum of 16 years of age, and

hold a valid medical fitness certificate valid for a period of not more than two

(2) years, and

provide documentary evidence of any STCW training, and

provide documentary evidence of seagoing service. This should only relate to

service Whilst actually onboard a vessel and discharge records or details from

a seaman record book may be utilised as evidence.

Applicants, who comply with the STCW requirements, may apply to the Bahamas
Mantime Authority for the relevant STCW certification, All applications will be
assessed taking into consideration the STC'W requirement and attendance at a BMA

Si ice ji wi ies : ; ‘i 1 Miriam |. Cusiag & (Co, 0" Plose, the Peek Building, George Geet, Massan
office will be required for an assessment for initial certification at any capacity.

DATED the 17° day of September, AD. 2000
MIRLAM CURL Ss de CLF,
Ficst Place, The Pack Badiding,
Creare Sure,
Massan, LF, [alamae
Anonmeys for the Peconer

Full details of the application process and the BMA requirements are outlined in
BMA Information Bulletins nos. 103, 104, 118, 119 which are all contained on the
BMA website: www bahamasmaritime.com or queries can be directed to
stcw/abahamasmantime.com





THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 7B



INTERNATIONAL BUSINESS

Fed signals it will take
further steps if needed

JEANNINE AVERSA,
AP Economics Writer
WASHINGTON

The Federal Reserve sig-
naled Tuesday that it is wor-
ried about the weakness of the
recovery and is ready to take
further steps to boost the USS.
economy if needed, according
to Associated Press.

Fed officials said they are
also concerned that sluggish
economic growth could prevent
prices from rising at a healthy
rate.

But at the end of its meet-
ing, the Fed announced no new
steps to try to rejuvenate the
economy and drive down
unemployment. Instead, it hint-
ed that it's prepared to see if
the economy can heal on its
own.

Stock prices, which had been
relatively flat before the Fed's
statement, fluctuated before
returning to about the same lev-
el in late-afternoon trading.



AP Photo/Manuel Balce Ceneta. File

TESTIMONY: In a Thursday, Sept. 2, 2010 photo, Federal Reserve Chairman Ben Bernanke testifies
on Capitol Hill in Washington before the Financial Crisis Inquiry Commission.

The meeting is the last for
the Fed's chief policymaking
group before the Nov. 2
midterm elections. It comes as



AUN ag tat ey Ua




aD aa eee ae a



A comparison of the Federal Reserve's statements from its last meet-




ing on Aug. 10 and the meeting Tuesday.







TREASURY SECURITIES

August: The Fed said it would purchase Treasury bonds with the pro-




ceeds from its maturing holdings of mortgage-backed securities



issued by Fannie Mae and Freddie Mac. The Fed said the action would




keep steady the level of support it was providing to the economy.




September: The Fed says it will continue its policy of reinvesting the




proceeds from its securities holdings and says it is prepared "to pro-




vide additional accommodation if needed" to support the recovery and







keep prices stable.

RECOVERY SPEED

August: "The pace of recovery in output and employment has






slowed in recent months."

September: "The pace of recovery in output and employment has










slowed in recent months."

INFLATION

August: "Measures of underlying inflation have trended lower in




recent quarters and ... inflation is likely to be subdued for some time."




September: "Inflation is likely to remain subdued for some time



before rising to levels the committee considers consistent with its man-








date."
INTEREST RATES

August: Leaves federal funds rate target unchanged at a record low



of zero to 0.25 percent, where it has been since December 2008,




and repeats pledge to keep rates "exceptionally low’ for "an extended





period."

September: Leaves federal funds rate target unchanged and once



again repeats pledge to keep rates "exceptionally low’ for "an extend-



ed period."
ECONOMIC CONDITIONS

August: "Household spending is increasing gradually, but remains
constrained by high unemployment, modest income growth, lower

housing wealth and tight credit."

September: "Household spending is increasing gradually, but
remains constrained by high unemployment, modest income growth,
lower housing wealth and tight credit."

HOUSING

August: "Housing starts remain at a depressed level."

September: "Housing starts are at a depressed level."

DISSENT:

voters are focused on the econ-
omy and the jobs crisis. Polls
show they are likely to punish
Democrats in Washington for
the sluggish economy.

In its statement, the Fed used
the same language it did in
August to sketch a downbeat
view of the economy. It con-
cluded that economic activity
has slowed in recent months.
And it warned that the pace of
growth is likely to be "modest
in the near term" — almost
identical to the assessment it
made a month ago.

But the Fed delivered a
stronger signal that it would
take new steps to lift the econ-
omy. The Fed said it is "pre-
pared to provide additional
accommodation." In its previ-
ous policy statements, the Fed
didn't go that far. Instead, it
had said it would "employ its
policy tools as necessary."

The Fed made clear that giv-
en the economy's weakness, it's
more concerned about prices
falling than rising. It didn't use
the word deflation. But some
economists have raised fears
about the country sliding into a
deflationary spiral. That's a
widespread drop in wages,
prices of goods and services and
the value of stocks and homes.

"They are more worried
about the economy and defla-
tion than I thought they would
be," said Sung Won Sohn, an
economist at the Martin Smith
School of Business at California
State University.

For the sixth straight meet-
ing, Thomas Hoenig, president
of the Federal Reserve Bank
of Kansas City, was the sole dis-
senter.

At Tuesday's meeting, the
Fed once again left a key short-
term rate near zero, where it
has been since December 2008.

It also repeated a pledge to
hold rates at those ultra-low
levels for an "extended peri-
od."

If the economy keeps losing
momentum, the Fed will be
likelier to provide relief at its
next meeting on Nov. 2-3 or at
its last regularly scheduled ses-
sion of the year on Dec. 14.

Debt

Chairman Ben Bernanke last
month indicated a preference
to launch a new program to buy
large amounts of government
debt. Such a move would be
intended to lower already low
rates on mortgages, corporate
loans and other debt. The goal
is to entice people and busi-
nesses to spend more, and
thereby strengthen the econo-
my and lower unemployment.

In economic circles, it's
known as "quantitative easing."
That's when the Fed takes
unconventional steps, as it did
during the financial crisis, to
inject money into the econo-
my. The Fed does this to lower
long-term interest rates and
help banks lend more. As a
result, the Fed's balance sheet
has ballooned to $2.3 trillion,
nearly triple its level before the
crisis.

Even if the Fed were to do
that, economists don't think it
would be enough to increase
economic growth much.
Already low long-term rates
haven't managed to get Amer-
icans to spend much more.
Both companies and individuals
have been cautious as they
rebuild their finances and pare
debt.

Still, even with no guarantee
that reducing long-term rates
would stimulate the economy,

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public

is hereby advised that |,

EDENLYNN

SHANIKA LEWIS # 7 Montego Road, Royal Bahamia,
intend to change my child’s name from ANASTASIA

FLOREASE
MUNNINGS.

LEWIS to

ANASTASIA _ FLOREASE

If there are any objections to this

change of name by Deed Poll, you may write such

objections to the Chief Passport Officer,

P.O.Box

N-742, Nassau, Bahamas no later than thirty (80) days
after the date of publication of this notice.



BREAKING NEWS: Two television networks, seen in the Goldman

Henny Ray Abrams/AP Photo

Sachs cubicle on the floor of the New York Stock Exchange,
broadcast the news that the Federal Reserve had left rates
unchanged in their final meeting before the mid-term elections,
Tuesday, Sept. 21, 2010, in New York.

the Fed can't risk its credibility
by standing idly if things wors-
en. Businesses and investors
could lose faith in the Fed and
the economy and be less
inclined to spend. That would
further weaken the economy.

At its last meeting in August,
the Fed took a small step to aid
the recovery: It decided to use
proceeds from its huge mort-
gage portfolio and buy govern-
ment debt. The small amount
involved helped nudge down
mortgage rates. But it would
take a bigger buying binge to
push rates down further.

Sohn predicted the Fed
would start expanding its bal-
ance sheet before the end of
the year.

"Even though they are not
taking any action now, they
have left the door open for
additional action through buy-
ing Treasury bonds and mort-
gage-backed securities,” he
said.

Economic growth slowed in
the second quarter, advancing
at a pace of just 1.6 percent,

compared with 3.7 percent
growth in the first three months
of the year. Growth in the July-
September period is expected
to be similarly weak. That rais-
es the likelihood that the unem-
ployment rate, already high at
9.6 percent, could climb even
higher in the months ahead.

That would be an alarming
development for the Obama
administration, which is already
at risk of losing control of the
House or Senate or both.
Republicans and Democrats
agree there's little the president
and the Democratic Party can
do to change voters’ attitudes
with so little time left before
Nov. 2.

Obama acknowledged the
economic hardships many
Americans are enduring, say-
ing Monday:

"If you're out of work right
now, the only thing that you're
going to be hearing is, when do
I get a job? If you're about to
lose your home, all you're
thinking about is, when can I
get my home?"

Employment
Opportunity

A well-established Law Firm wishes
to employ a competent Attorney
in the area of Litigation. The ideal

candidate should:

¢ Have at least five (5) years
experience and possess a
thorough working knowledge
in Commercial Litigation with
the ability to draft documents and

pleadings.

Working knowledge of collection
and enforcement of judgments

as it relates to credit facilities.
Possess exceptional interpersonal
and communications skills.

Is Proficient in Microsoft Office
Suite applications.

Possesses the ability to work
under pressure and perform as a

team player.

Applications together with
Curriculum Vitae, Diplomas,
Certificates and References should
be sent to:

Attorney
P.O.Box N 7371
Nassau, Bahamas

ROYAL FIDELITY

August: Kansas City Federal Reserve Bank President Thomas
Hoenig dissents for a fifth consecutive meeting, arguing that the
pledge to keep rates low for an extended period is no longer warranted
because it could lead to a build-up of future imbalances. He also reg-
isters his dissent at the decision to prevent the size of the Fed's hold-
ings of longer-term securities from shrinking.

Money 28 Werk

BISX LISTED & TRADED SECURITIES AS OF:
TUESDAY, 21 SEPTEMBER 2010
BISX ALL SHARE INDEX: CLOSE 1,500.52 | CHG 0.01 | %CHG 0.00 | YTD -64.86 | YTD % -4.14
FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

__ September: Hoenig dissents for a sixth consecutive meeting, object- SN Tee ose so Sao et
ing both to the pledge to keep interest rates low and the reinvestment . 9.67 Bahamas Property Fund 10.63 10.63 0.00

0.013
i < z 7 4.50 Bank of Bahamas 4.90 4.90 0.00 0.598
of the proceeds from the Fed's holdings of mortgage-backed securi- : 0.18 — Benchmark 0.18 0.18 0.00 -0.877
. ¥ S.15 Bahamas Waste S15. 3.15 0.00 0.168
ties. : 2.14 Fidelity Bank 2.17 2A7 0.00 0.016
9.62 Cable Bahamas 10.77 10.77 0.00 41212
2.50 Colina Holdings 2.50 2.50 0.00 0.781
5.40 Commonwealth Bank ($1) 6.28 6.28 0.00 0.422
1.63 Consolidated Water BDRs 1.82 1.83 0.01 0.111
1.60 Doctor's Hospital 1.90 1.90 0.00 0.199
5.94 Famguard 6.07 6.07 0.00

LEGAL NOTICE : aso Fae es a ss 003

Previous Close Today's Close Change

0.287
FirstCaribbean Bank 9.74 9.74 0.00 0.645
3.75 Focol (S) 5.46 5.46 0.00 0.366
0.000
0.012
0.883
0.355

1.00 Focol Class B Preference 1.00 1.00 0.00
5.00 ICD Utilities 5.59 5.59 0.00
9.92 J. S. Johnson 9.92 9.92 0.00
10.00 Premier Real Estate 10.00 10.00 0.00
BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
Symbol Last Sale Change Daily Vol. Interest
BAH29 99.46 0.00 6.95%
FBB17 100.00 0.00 7%
100.00 0.00 Prime + 1.75%
Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00 T%
Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00 Prime + 1.75%
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid & Ask & Last Prine Daily We.
Bahamas Supermarkets 5.01 6.01 14.00
RND Holdings 0.35 0.40 0.55

International Business Companies Act
(No. 45 of 2000)

52wk-Hi__52wk-Low Securit
Bahamas Note 6.95 (2029)
Fidelity Bank Note 17 (Series A) +

Fidelity Bank Note 22 (Series B) +

20 November 2029
19 October 2017
19 October 2022

30 May 2013
29 May 2015

FBB22

LEACOCK MANAGEMENT LIMITED

EPS $
-2.945
0.001

Div & P/E
0.000
0.000

Yield
0.00%,
0.00%

Notice is hereby given in accordance with Section
137 (8) of the International Business Companies
Act, No.45 of 2000, the Dissolution of LEACOCK
MANAGEMENT LIMITED has been completed,
a Certificate of Dissolution has been issued and the
Company has therefore been struck off the Register.
The date of completion of the dissolution was the 29"

day of December, 2008.

CFAL Securities Ltd. (OQver-The-Counter Securities)
ABDAB 30.13 31.59 29.00
RND Holdings 0.45 0.55 0.55
BISX Listed Mutual Funds

4.540
0.002

0.000
0.000

0.00%,
0.00%,

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
1.4920 CFAL Money Market Fund
2.8522 Royal Fidelity Bahamas G & | Fund
13.0484 Royal Fidelity Prime Income Fund
101.6693 CFAL Global Bond Fund
93.1998 CFAL Global Equity Fund
1.0000 — FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund Principal
S 2 10.3734
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3 9.1708 -8.29%
4.8105 Royal Fidelity Int'l Fund - Equities Sub Fund 7.5827 -1.74%
a MARKET TERMS
Fi BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
if 52wk-Hi - Highest closin
fof?

1 £

NAV
1.4904
2.9115
1.5529
2.8624

13.4286
109.3929
100.1833

1.1272

YTD%
3.59%
0.85%
3.02%
-8.16%
0.46%

NAV 3MTH
1.475244
2.926483
1.533976

NAV 6MTH
1.452500
2.906205
1.518097

Last 12 Months %
6.42%
0.23%
4.36%
-7.49%
2.40%

1.4005
2.8266

31-Jul-10
31-Aug-10
10-Sep-10
31-Aug-10
31-Aug-10
30-Jun-10
30-Jun-10
31-Aug-10
31-Aug-10
31-Aug-10

5.20%
-1.52%
B.43%

7.60%
3.56%
5.28%

107.570620
105.779543

103.987340
101.725415

1.0000
1.0000
9.1005

1.0948
1.1275

2.51%
3.37%

6.10%
5.64%
9.5955 2.71% 5.96% 31-Jul-10
10.0000
-3.69% 3.38% 31-Jul-10
9.1708
-8.29%

11.58%

31-Aug-10
31-Aug-10

g price in last 52 weeks

|
oto
aL STs WOE

Ligh Toe,

ghted price for daily volume
ted price for daily volume
m day to day

Today's Close - C
Change - Change i
Daily Vol. - Number raded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnin gs
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
KS1) - S-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

Weekly Vol. - Tr volume of the prior week
EPS $ - A comp: eported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100





THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 9B



eS



The Tribune

‘Taste



Bahamas Culinary Team excels at regional competition



GOLD STANDARD: Team Bahamas ready to go for gold pictured from Left to right: Clement Williams - an executive sous chef at the Atlantis Resort and Casino. Richmond Fowler - the Lyford Cay Club, Wilfred Sands
- Bartender, Lyford Cay Club, Devin Johnson - team manager, professional chef and lecturer, and executive chef Sheraton Nassau Beach Resort, Eldred Saunders - Pastry Chef, lecturer at the Culinary Arts Depart-
ment of the College of the Bahamas. Emmanuel Gibson - executive sous chef 3 at the One and Only Ocean Club, Wendy Miller- Junior chef completing her final year as an apprentice chef with Kerzner Atlantis Resort
and Casino. Gia Wilson - Junior Chef, Head Chef Sheraton Nassau Beach Resort.

By ALESHA CADET
Tribune Features Writer

HE Bahamas Culinary
team walked away with

a gold medal, being
edged out in points by only
Barbados and Trinidad and
Tobago, at the recent 3 day
Taste of the Caribbean Culi-
nary Classics at the Rio Mar
Wyndham Grand Resort in
Puerto Rico.

The event was hosted and judged
by the Caribbean Hotel and Tourism
Association.

Proving that our chefs are the elite
of the region’s culinary teams, the
Bahamas was recognised as one of
the top finalists in the region.

“We are extremely proud of our

team, the way in which they com-
peted, the high quality of their food
and beverage, and how well they
represented their country and their
hotels” said Frank Comito, Execu-
tive Vice President of the Bahamas
Hotel Association and DeAnne Gib-
son, Manager for Culinary Tourism
for the Ministry of Tourism and Avi-
ation. Both organisations sponsored
the team in cooperation with the
College of The Bahamas and the
Bahamas Culinary Association.
Executive Sous Chef Emmanuelle
Gibson from the One and Only
Ocean Club captured an individual
silver medal in the overall chef’s
competition, and finished third over-
all out of 33 chefs vying in that cate-
gory. The other members from the
team finishing in the top twelve and
capturing bronze medals included:
Richmond Fowler from the Lyford

Cay Club and Clement Williams
from Kerzner International.

Eldred Saunders, Chef Instructor
from the College of The Bahamas,
received a bronze medal in the Pas-
try Chef category, coming fourth in
the region. Wilfred Sands from the
Lyford Cay Club received a bronze
medal in the bartender category and
Wendy Miller an apprentice chef
with Kerzner International was
awarded a bronze medal for her
achievement.

This year’s competition also
included a category for Junior Chef.

Competing in international com-
petition for the first time as an alter-
nate and member of the team was
Gia Wilson, from the Sheraton
Cable Beach Resort, who played a
pivotal role during team prepara-
tion throughout the event.

Team Manager Chef Devin John-

son from the Sheraton, who worked
closely with the team over the past
several months commented on the
team’s performance: “The judges
were impressed with our teamwork,
our sense of organisation, our pro-
fessionalism, and the way in which
we blended a variety of foods and
spices to create dishes which were
international but clearly identified
with The Bahamas and the region”.

Chef Devin Johnson told Tribune
Taste: " I think the team learned
from their mistakes, this is the first
time the Bahamas came out on top
gold. It was minor things in the indi-
vidual competition which really cost
our points to drop. And for a rookie
team we did exceptionally well,” he
said.

Mr Johnson added that it was easy
for the team to adapt when they got
there because of the intense training

they did in the Bahamas. " The train-
ing process they did in the Bahamas
helped them excel in the competi-
tion," he said.

He added: "Definitely next year in
Miami, the Bahamas looks to take
the whole show, which will be a first
for the country."

The Taste of the Caribbean com-
petition is sponsored by the
Caribbean Hotel and Tourism Asso-
ciation. The Bahamas team’s partic-
ipation was made possible thanks to
the support of BHA, the Ministry
of Tourism, the Bahamas Culinary
Association and the College of The
Bahamas and team member’s hotels.

Their participation was also made
possible thanks to the generous sup-
port of Bahamas Food Services and
the tremendous support from the
Lyford Cay Club which hosted a gala
fundraising dinner.

ust a few images of what, we the
Bahamas, looked like 40...50...60
years in the past.

Local Sporting Activities

pDeto eo DN iae)
Airbourne on Lake Cunningham

PAM Thy

Left to right; Simion Humes, Fred (Chicken) Taylor, Jason Maxey, Wenty Ford, Fred (Papa) Smith,
Dick Lockhart, Eddy Ford, Rusevelt (Dog) Turner, Sidney (Spoon) Mckinney, Randy Rodgers.
Some of the Bahamas Professional Baseball Players, Major and Minor Leagues in the USA.



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM



ntertainment

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‘The Tribun



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Funky Franks $lacks to
highlight October Fest

iy SHA DALE
Trhitare faareese A ee





Dake i Sa
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By PRA CLT
isa et beatin A









THE TARUNE WEDNESDAY SEPTEMAER 2? o010. PAGE 18

—*



bh



Love My Bahamas
FROM page 12

orks 6 Oy rere. wed & tome of
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(BAHAMAS) LIMITED. INSURANCE BROKERS & AGENTS
TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM







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SEL prage 11



THE TRIBUNE PAGE

>) WEDNESDAY,

SEPTEMBER 22,

Heat moves

might leave

deep impact on

fantasy game...
See page 10

‘tS

2010






PAGES 10 & 11 © International sports news i

SPORTS



Wa

TRACK
THOMAS SECOND

DONALD Thomas and
Hiromi Takahari both
cleared 2.24 metres in the
men’s high jump Sunday
at the Super Track and
Field Meet in Kawasaki,
Japan. But the Japanese
was declared the winner
on fewer knockdowns.

Thomas, the only
Bahamian to compete in
the meet, had to settle for
second as he prepares for
the Commonwealth
Games in New Delhi,
India, next month. Third
place went to Victor Ninov
of Bulgaria with a jump of
2.21m.

TENNIS
ROLLE
ELIMINATED

IN preparation for the
Commonwealth Games
next month in New Delhi,
India, Marvin Rolle com-
peted at the Costa Mesa
in California where he lost
in the second round of the
qualifying tournament to
American Connor Farren
3-6, 6-4, 6-0.

VOLLEYBALL
GSSSA SCHEDULE

THE Government Sec-
ondary Schools Sports
Association (GSSSA) is

scheduled to kick off its
2010 calendar year with
volleyball on Monday.

The GSSSA is expected
to feature eight teams -
Government High, C I
Gibson, Doris Johnson, C
C Sweeting, C R Walker,
R M Bailey, C V Bethel
and Anatol Rodgers - in
the senior boys and senior
girls divisions.

The junior boys and
girls will also comprise of
eight teams — C H Reeves,
D W Davis, L W Young,
A F Adderley, S C
McPherson, H O Nash,
Anatol Rodgers and TA
Thompson.

When the season opens
on Monday, the seniors
are expected to play every
day at the D W Davis and
C I Gibson Gymnasiums,
starting at 4pm. The
juniors are also expected
to begin on Monday and
play everyday with games
at the R M Bailey and
Thelma Gibson Primary
outdoor courts.

TRACK
HEALTH
WALK-A-
THON

THE Four J’s Enter-
prise is slated to hold the
‘Imagine to Reality’
Health Walk-A-Thon 6am
Saturday, September 25,
starting from Fort Char-
lotte.

The walk will take run-
ners along West Bay
Street to Goodman’s Bay
and east along Bay Street
back to the finish line at
Fort Charlotte. The public
is invited. For more infor-
mation, persons can call
394-8626.





Albert as good year
with Double-A call up

By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

e wasn’t as fortunate

to get the call to

Triple-A, but Albert

Cartwright advanced

a step below in Dou-
ble-A with the Houston Astros’ affil-
iated Corpus Christi Hooks in the
Texas League.

Back home for a week’s break,
Cartwright said he was happy with
getting as far as he did this year.

“Thad my ups and downs, but it was
a good year,” Cartwright said. “For-
tunately, I clicked at the right time so
I could get the call up to Double-A. So
it was a good year for me.”

Cartwright, who turns 23 on Octo-
ber 31, was drafted by the Astros in
the 36th round of the 2007 Major
League Draft. He started out with
Greenville of the Appalachian League
where he played through 2008.

Last year, he got called up to the

BASEBALL

Lexington Legends.
After playing the
beginning of the
season with the
Lancaster Jethawks,
he was then pro-
moted to Double-A
with the Hooks.

In his 35 games
with CC, Cartwright
averaged .229 as he
went 32-for-140
with 15 runs scored.
He also drove in
seven runs, walked 11 times, struck
out 39 times and stole seven bases.

The 5-foot-10, 180-pound second
baseman said based on his perfor-
mance this year, he has to focus a lot
more on getting on base.

“Hopefully if I can do that, it will
get me into the big league (Majors),”
he projected. “But you also always

A CARTWRIGHT



need to work on your defense, if you
want to get better.

“But as long as I can put the bunts
down, get on base, I should be able to
look forward to a good year.”

With his season completed since
September 6 after the Hooks failed
to advance to the playoffs in the Texas
South Division where they finished in
last place at 27-43, Cartwright said
he’s looking forward to the off sea-
son.

“Tm just glad that I didn’t have any
injuries,” he said. “Eventually when I
get back to Florida, I will be working
out in the gym and taking some
ground balls so that I can be ready
for spring training.”

Spring training won’t come until
either March or April, but Cartwright
said he doesn’t intend to play Winter
Baseball. However, if the opportunity
presents itself, Cartwright said he will
gladly play.

Cartwright, a product of Freedom
Farm, who came out of Polk Com-
munity College when he got scouted,

is one of two Bahamians in the Major
League pipeline.

He is joined by Antoan Richard-
son, an outfielder who was called up to
play in the Atlanta Braves’ Triple-A
Gwinnett Braves team in the Southern
League.

When asked how he felt about
Richardson’s achievement, Cartwright
noted: “He did what he had to do to
open up some eyes so he could climb
up the ladder.

“But he’s pretty much the same type
of player as me. He pretty much has to
bunt, get on base and do all that kind
of good stuff so he could set the table
for others.”

Cartwright, however, said the
inevitable is coming. Either Richard-
son or him or both of them will one
day crack the Major League ranks.

“You pretty much just have to go
out there and play baseball,”
Cartwright said. “Once you do that,
you allow the team and the manage-

SEE page 12

Organisers get in gear for first Frank Hanna festival

By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

SPORTING the new sam-
ples of the “Funky Franks”
fashion line, members of the
organising committee are
gearing up for the first Frank
Hanna October (Harvest)
Festival.

The festival, scheduled for
the weekend of October 28-31
in Morgan’s Bluff, North
Andros, is being named in
honour of businessman Frank
Hanna, the proclaimed
“Major of North Andros.”

Dwain Wallace, assistant
general manager of sales and
marketing at the Broadcast-
ing Corporation of the
Bahamas, said they are
delighted to be partnering
with a number of local busi-
nesses to put on the event,
which will include a number
of activities:

¢ Good Morning Bahamas
show and Immediate
Response (Family Island Fri-



IN LIVING COLOUR: THE first Frank Hanna Festival was launched yesterday with colourful clothes worn by some members of the organising
committee. Shown above is Mr Hanna (center) flanked by committee members and sponsors at Bahamas Ferries.

Photo by Tim Clarke/Tribune staff

days)

¢ Gospel entertainment by
Minister Dwight Armbrister
and Ecclesia Gospel

¢ Cultural entertainment by
Elon Moxey, Geno D, Therez

Hepburn and others

e Wild hog tying and hunt-
ing

e Sunfish sailing

e Three-on-three basketball
tournament with the winner

receiving a $1,000 cash prize
¢ Round Robin Hood
Beach Volleyball Tourna-
ment
e Sunday morning Break-
fast Bowl where everybody is

encouraged to bring their own
bowl and eat all they can.
The sponsors for the festi-
val are Bahamas Ferries,
Western Air, BAIC, Scotia-
bank Bahamas, Burns House,

Ministry of Tourism’s North
Andros Office, North Andros
Local Government/Adminis-
tration and Robin Hood.

SEE page 12

US ambassador, Special Olympics to mark Eunice Kennedy Shriver Day

US Ambassador to The Bahamas
Nicole A Avant, in co-ordination with
Special Olympics Bahamas, are all
set to host a celebration in honour of
Eunice Kennedy Shriver Day (ESK)
in recognition of her commitment to
improving the lives of millions of peo-
ple with intellectual disabilities.

Prime Minister Hubert Ingraham
is expected to issue an official procla-
mation marking September 25 as 2010
Eunice Kennedy Shriver (EKS) Day
across the nation.

Join us as we celebrate
the launch and newly renovated
Bahamas Subs & Salads.

lags aa 23rd,

at our seven ae

Charlotte Street / George Street
Blue Hill Road / JKF Drive /
Harbour Boy Shopping Centre
Madeira Street / Town Centre Mall

In addition, Eunice Shriver’s grand-
daughters Eunice and Francesca will
represent the Kennedy-Shriver fami-
ly at the event.

The goals of Avant’s event are to
raise awareness about Special
Olympics Bahamas work and encour-
age all those who call the beautiful
Bahamas their home to commit
Eunice Kennedy Shriver in her hon-
our.

Representatives from Best Buddies
International - a global volunteer

organisation that creates opportuni-
ties for one-to-one friendships, inte-
grated employment and leadership
development for people with intel-
lectual and developmental disabili-
ties — are also expected to attend the
event.

The Bahamas EKS Day event is
slated to be held at Ambassador
Avant’s Liberty Overlook residence
10am to 1pm September 25.

Guests will include more than 150
Special Olympic athletes, coaches,

Special Olympic Bahamas volunteers
and supporters, Special Olympics
family members, US Embassy volun-
teers and representatives from a num-
ber of ministries, including Educa-
tion, Health and Youth, Sports & Cul-
ture.

The three-hour event is set to begin
with a formal opening to include
remarks by Avant, Minister of Youth,
Sports & Culture Charles Maynard
and Basil Christie, national chairman
of Special Olympics.

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PAGE 12, WEDNESDAY, SEPTEMBER 22, 2010

TRIBUNE SPORTS



LOCAL SPORTS



GBPA donates cheque to
Munroe Tennis Academy

CHILDREN from the city
of Freeport have been intro-
duced to the sport of tennis
via summer tennis camps,
lessons and clinics courtesy of
the Munroe Tennis Academy
for the past three years.

Now, 15 students from the
Academy are all set to travel
to West Palm Beach, Florida,
to participate in the 2nd
Annual ‘LaVaughn Munroe
Tennis Tournament’ during
the weekend of October 8-12.

In recognition of the Acad-
emy’s contributions, the
Grand Bahama Port Author-
ity made a recent cheque
donation to assist with the
group’s travelling expenses.

“GBPA is pleased by your
efforts as you use tennis as a
primary motivator to create
programmes which teach pos-
itive, rewarding lessons, build
confidence and provide a
framework of personal disci-
pline for the children of the
Grand Bahama community,”
said vice-president of GBPA
Ginger Moxey, as she com-
mended the Academy’s rep-
resentatives.

Extending well-wishes to
the Munroe Tennis Academy
and its players as they pre-
pare for international compe-
tition, she further reflected on
the similar goals of both their
organisations.

“Your programme seeks to
provide our children with
greater exposure to new skills
and experiences. This likewise
underscores our mission, ‘to
better the lives’ of residents
of the Grand Bahama com-
munity,” Ms Moxey added.

Accepting on behalf of the
Academy was coach BJ
Munroe.





CHEQUE PRESENTATION: GBPA vice-president Ginger Moxey (centre, left) presents a cheque on behalf of Grand Bahama Port Authority to
BJ Munroe, Munroe Tennis Academy coach (centre, right). The donation is in support of travel expenses associated with 15 Grand Bahami-
an athletes scheduled to compete in the 2nd Annual ‘LaVaughn Munroe Tennis Tournament’ in West Palm Beach, Florida.

“We can’t say thank you
enough for the contribution
the Port is making towards
our programme. This dona-
tion will assist with the fund-
ing of transportation costs
associated with the athletes.
Munroe Tennis Academy
offers more than just tennis —
it teaches life skills, leader-
ship development and serves

as a mentorship programme
for our youth on Grand
Bahama Island,” Mr Munroe
said.

Member

LaVaughn Munroe, a for-
mer Bahamas’ Davis Cup
team member, made it his
personal duty to create oppor-

tunities to expose the children
of Grand Bahama to the
game of tennis.

LaVaughn Munroe died
last year and since that time
his family has been working
together to fulfill his dream
of exposing tennis to as many
young Grand Bahamians as
possible. In the Academy,
children are grouped accord-

ing to their ability within their
age group and many kids are
honing their skills and love
for the game each time they
hit the court.

GBPA said it would like to
encourage the citizens of
Grand Bahama to do their
part to keep much needed
programmes like the Munroe
Tennis Academy going.

PLANS were announced yesterday for the first Frank Hanna Festival in North Andros next month. Sponsors and committee members are shown above.
Photo by Tim Clarke/Tribune staff

Organisers get in gear for first Frank Hanna festival

FROM page 13

During a press conference
yesterday at Bahamas Ferries,
representatives from the var-
10US sponsors were on hand
to endorse the festival.

Bahamas Ferries

Darnell Fraser, sales and
marketing manager, said they
are pleased to be a part of the
sponsorship team.

“Bahamas Ferries will offer
some very favourable pack-
ages that would include hotel
and tour packages that would
appeal to a wide cross-section
of persons, so we are encour-
aging families to turn out in
large numbers,” Fraser said.

On the Saturday of the fes-
tival weekend, Fraser said
Bahamas Ferries will be offer-
ing a One-Day Sail Away for
those persons who just want
to stop over and come right
back home.

Western Air

Ricardo Wilson, customer
service manager at Western
Air, said they are pleased to
be the official airline for the

festival. “As a good corporate
citizen, we are pleased to sup-
port this event, which is
designed to uplift the econo-
my of the island,” Wilson
stressed. “We also want to
show our support to Frank
Hanna for all that he has done
for North Andros.”

All Androsians and
Bahamians at large are invit-
ed to attend the event.

Scotiabank

Leah Davis, senior manag-
er of products, marketing and
public relations, said as the
first commercial bank to be
located in the North Andros
Community more than 10
years ago, they are excited to
continue to work hand-in-
hand with the people on the
island.

“This is a very exciting time
for the community and we
will be celebrating with the
Androsians during these
tough economic times,” Davis
stated.

Davis said while she has
never visited Andros, she is

hoping to take advantage of
the opportunity to finally get
to the island known as “The
Big Yard.”

Robin Hood

Sandy Schaefer, president
of Robin Hood, said while
they will be sponsoring the
festival, they will be offering a
number of other specials for
North Andros.

“We will be bringing with
us 100 care packages of food,
which will consist of meat,
poultry, products, grocery for
100 needy families that maybe
suffering during these diffi-
cult economic times,” he said.

Persons in North Andros
will also be invited to pur-
chase some of the specials
that Robin Hood will be
putting on at that time and
for the free shipping on the
Bahamas Fast Ferries.

Interested persons are invit-
ed to call 676-800 for more
details.

Additionally, Schaefer said
they intend to provide some
cash incentives for the Round

Robin Hood Beach Volley-
ball Tournament.

BAIC

Alphonso Smith, repre-
senting BAIC, said they are
more than pleased to be a
part of the festival that could
not have come at a better
time than at Harvest Time.

“Instead of importing fruits
and vegetables to the
Bahamas, they can buy just
about anything at the Frank
Hanna Festival,” Smith said.

“People in Andros are very
excited because Frank Han-
na is a great Androsian. He
is All-Bahamian and he has
taken over my name as the
Major of North Andros. He
deserves it.”

North Andros District

Brian Cleare, chief coun-
selor for the North Andros
district, said the Local Gov-
ernment had a town meeting
and they are also looking at
the possibility of naming one
of their main streets after
Hanna during the festival.

Cleare said they have been

working feverishly to get the
sporting facilities, including
the basketball court and the
regatta site, in tip-top shape.

“T don’t know if it’s because
we are naming this event after
Frank Hanna, or they are
excited because of the finan-
cial spin-off that they are
expecting from this,” he said.
“Whatever the reason, North
Andros is very ready and
excited about this festival.”

Ministry of Tourism

Benjamin Pratt, senior
manager for the Andros
Tourism Office, said the Min-
istry of Tourism views it as a
promotion for the domestic
venue in the Bahamas
because of its close proximity
to New Providence with more
flights, less expensive and the
nation’s most natural
resources and the hospitality
of the people.

“We look forward to wel-
coming all of the people in
New Providence and the oth-
er parts of the Bahamas,” he
said.

Tom ‘The Bird
Grant volleyball
tournament
Starts today

THE third annual Tom
“The Bird’ Grant Pre-Invita-
tional High School Volley-
ball Tournament is expected
to get underway today at the
Kendal Isaacs Gymnasium.

The tournament has nine
boys’ and eight girls’ teams
entered. They will play out
of two pools each with the
top performers in the recent
tournaments taking the top
seeded positions.

In the boys’ division, the
CC Sweeting Cobras, the
winners of the Government
Secondary Schools Sports
Association, will be the top
seed in pool one.

Pool two will have Mt
Carmel, the champions of
the Small Schools Sports
Association, as the top seed.
The defending boys’ cham-
pions is Teleos Christian
School.

C C Sweeting, Mt Carmel
and Teleos will make up this
year’s boys field along with
the C V Bethel Stingrays, St
John’s Giants, Kingsway
Academy Saints, C I Gibson
Rattlers, Doris Johnson
Mystic Marlins and Jordan
Prince Williams Falcons.

On the girls’ side, C C
Sweeting, who won the
GSSSA title last year, will
be the top seed in one pool.
The top seed in the other
pool is Teleos, champions of
the Small Schools Associa-
tion.

CC Sweeting is also the
defending champions of the
tournament. CC Sweeting
and Teleos will play in the
girls’ segment of the tourna-
ment along with C V Bethel,
CC Sweeting, St John’s,
Teleos, Kingsway Academy,
Mt Carmel, C I Gibson and
Doris Johnson.

Legendary Tom “The
Bird’ Grant, a sporting icon
particularly in volleyball and
track and field, said they are
very excited about the teams
that have entered to partici-
pate this year.

“Tm exciting that the
competition will be of a very
high level,” Grant pointed
out. “All of the teams have
indicated that they are excit-
ed about the tournament
and they are eager to start
playing.”

In addition to presenting
awards to the winning
teams, Grant said they have
added an incentive that they
hope will encourage the
players to take their game to
a higher level.

“We want to give our
awards to the setters,”
Grant said. “We want to
encourage the players to
learn to set the ball a little
more. So we will be looking
for the best setters in the
tournament.”

All games during the tour-
nament will be played over
two sets. The games will be
decided at point 19. But if
there is a tie, they will cap
off at 21.

The teams with the best
win-loss records as the tour-
nament is contested each
day will advance to the
championship that is slated
to be played on Saturday.

OA
a

WUT Cea |



FROM page 13

ment to do the rest. We both
know that all we have to do is
play up to our full potential
and once we do that, the suc-
cess to the next level will
eventually come.”

If they do, they will join five
other Bahamians who have
already played in the Majors.
They were Ed Armbrister and
the late Wilfred Culmer, Tony
Curry, Wenty Ford and
Andre Rodgers.

INSIGHT

For stories behind news,
read /asight Mondays

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Full Text

PAGE 1

N N A A S S S S A A U U A A N N D D B B A A H H A A M M A A I I S S L L A A N N D D S S L L E E A A D D I I N N G G N N E E W W S S P P A A P P E E R R C M Y K C M Y K V olume: 106 No.252WEDNESDAY, SEPTEMBER 22, 2010 PRICE 75 (Abaco and Grand Bahama $1.25 WEATHER SUN, T-STORM POSSIBLE HIGH 84F LOW 78F I N S I D E The Tribune THEPEOPLESPAPER BIGGESTANDBEST BAHAMASEDITION McCOMBO OF THE DAY N E W www.tribune242.com WOMEN INUSCOURTAFTERSIXMONTHLONGINVESTIGATION By ALISON LOWE Tribune Staff Reporter alowe@tribunemedia.net STRAW market vendors charged in a New York court after allegedly being caught with knockoff luxury goods were swooped on by law enforcement officials following a six-months long inves tigation that saw them subject to secret surveillance in the city, court documents have revealed. Federal agents working for the US Department of Homeland Security, Immigration and Customs and Enforcement allegedly watched the nine straw vendors as they shopped for counterfeit items around the city on two separate occasions in May and just prior to their arrest at JFK airport over the weekend. In a criminal complaint filed in US District Court, a Special Agent of the US Department of Homeland Security, Immigration and Customs and Enforcement describes how four of the nine straw vendors Roshanda Rolle, Gayle Rolle, Marva Ferguson and Marvette Ferguson came to New York City in May, met with wholesale retailers in the city in various locations and handed over wads of cash in return for bulky black garbage bags full of items which they took back to their By ALISON LOWE Tribune Staff Reporter alowe@tribunemedia.net NINE straw vendors charged in the US could each face more than three years in prison, The Tribune has learned. Roshanda Rolle, Gayle Rolle, Marva Ferguson, Marvette Ferguson, Patricia Hanna, Shamone Thompson, Margaret Pierre, Judy Duncombe and Tracy Davis have all admit ted to knowing that the goods they pur chased were counterfeit and/or illegal, and that buying the bags and other fake luxury items was the reason they came to New York City in September, according to court docu ments. Each of the women bar one who was able to meet her bond requirements on Monday is now being held at the Metropolitan Correctional Centre, a remand centre in downtown Manhattan. FIRSTCLASS RIDGELANDPRIMARYSCHOOLFEATURES SEEPAGE12 SEE page eight SEE page eight Straw vendors charged in US could f ace thr ee years in prison By NOELLE NICOLLS Tribune Staff Reporter nnicolls@tribunemedia.net THE rate of suspensions in schools has almost quadrupled in the past three years up to a rate of five per day, in some cases, according to youth workers, who say the school system has more problems than administrators are willing to admit. The Hope Centre Ministries operates a suspension programme in Oakes Field. In its first year of operation it received 67 sus pended students; last year the number jumped to 257. With the new school year just two weeks underway, the centre has already seen 10 suspended students. In the past, they have seen 15 students in one day, according to Pastor Carlos Reid. The kids we get here on suspension, they know if they fight they are going to get a suspension, but why do they still fight? We have taught them that it is a sign of weakness when you say you have a prob lem that you cant solve yourself. In most cases we push people further in their dilem ma, said Pastor Reid. There is no regard for authority. In most cases the schools are ill equipped to deal with a lot of the situations occurring in our schools right now. All of this could be attributed to why the grade point average is so low. What is discipline to these young people? In most cases you are doing the young people a favour by giving them a suspension, said Pastor Reid. Troy Clarke, president of the National Leadership, Esteem, Ability, Discipline (LEAD to 10 students are sent home from some schools on a daily basis, sometimes for minor infractions, like uniform offences. The LEAD Cadet Corps is currently in D.W. Davis Jr., Doris Johnson High, and Government High Schools. Seventy-five male students, who were identified by school counsellors, participate in their Life School suspensions quadruple in three years SEE page eight TOURISTS look at goods in the Straw Market on Bay Street yesterday. T i m C l a r k e / T r i b u n e s t a f f A GOVERNMENTHigh School student was stabbed i n the back following an argument with students from his school. The incident occurred shortly before 4 pm on Robin-s on Road, in the area of Kentucky Fried Chicken, howev er police could not confirm any further details. Yesterdays stabbing is the first report of student violence f or this week following last w eek which saw three separate incidents, the most seri ous of which was the shooting o f 13-year-old eighth grader Rashad Rolle. Rashad, who is still recovering in hospital t his week, was shot in the head by what police believe to be a stray bullet while ata bus stop at John Road off B aillou Hill Road. The young students shoot ing, and the stabbing of two STUDENT STABBED IN B ACK AFTER SCHOOL ARGUMENT SEE page nine By AVA TURNQUEST Tribune Staff Reporter a turnquest@tribunemedia.net CONCERNS over the num ber of irregularities at Bahamas Union of Teachers (BUT polling stations across the country were raised last night, according to sources close to the election process. T he irregularities were said to be one of the reasons why officials toiled late into the night over the count that would determine new leadership of the BUT. With an overwhelming desire to restore professionalism, teamwork and integrity to their 4,000 member strong union, teachers across the country voted for new leadership of the Bahamas Union of Teachers last night. Attributes that many members claimed was lost in the controversy surrounding the union at all levels the outbreak of sexual misconduct SEE page eight IRREGUL ARITIES A T TEA CHERS UNION POLLING STATIONS

PAGE 2

THE Nassau Airport Development Company (NAD conducted a full-scale simulated aircraft crash at the Lynden Pindling Interna tional Airport. NAD officials partnered with the relevant stakehold ers, including the Royal Bahamas Police Force, Royal Bahamas Defence Force, Civil Aviation Department, National Emergency Management Agency (NEMA Emergency Medical Services (EMS Authority, MED Evac, Bahamasair, Bahamas Red Cross Society and Doctors Hospital for the drill. The exercise included volunteers serving as passengers at the crash scene. Fire trucks, ambulances, police cars and other vehicles were a part of the actu al drill. NADs director of operations Deborah Coleby said the drill is a part of the airports preparedness strategy. This is a focused activity that allows us to test the airports emergency response plan in real time. We are partnering with all of the rel evant agencies at LPIA to determine the effectiveness of our emergency response procedures, similarly, they will have the opportunity to test their plans as well. Our goal is to put our resources to the test, learn and improve upon any shortcomings that we might have, ensuring that in the event of a real emergency we are fully prepared to respond, she said. NAD conducted a similar full-scale emergency exercise in September 2008.This years event, dubbed Operation Sunset, was scheduled during the evening to test response times after dark. C M Y K C M Y K LOCAL NEWS PAGE 2, WEDNESDAY, SEPTEMBER 22, 2010 THE TRIBUNE INDEX MAIN/SPORTS SECTION Local News......................P1,2,3,5,6,7,8,9,14 Editorial/Letters........................................P4 Sports.......................................P10,11,12,13 BUSINESS/ARTS SECTION Business................................P1,2,3,4,5,6,7 Comics......................................................P8 Taste.......................................................P9,10 Arts.....................................................P11,12 CLASSIFIED SECTION 28 PAGES USA TODA Y MAIN/SPOR TS 12 P AGES By REUBEN SHEARER Tribune Staff Reporter rshearer@tribunemedia.net OFFICERS from the Fire Services Department distributed and helped installs moke detectors in homes t hroughout several commun ities in New Providence yesterday, beginning with t he home of 88-year-old Dudley Cooper on Burial G round Corner in Bain Town. The exercise, led by direc t or of Fire Services Supt Jef fery Deleveaux, also cov e red the areas of Englerston, Nassau Village and the Kemp Road community. In total, 80 devices were dis t ributed to disenfranchised families and elderly persons. The initiative is something the Fire Services Depart m ent conducts each year as p art of Fire Safety Awareness Week, said press officer S ergeant Chrislyn Skippings. The operation targets those who are unable to afford the smoke detectors a nd those who may be at r isk, especially the elderly and young families, police said. Bahamas Welding and Fire donated 80 First Alert BRK smoke alarms to the Fire Services Department. John Ferguson, manager of that companys fire services section, said: It is extremely important for every household to utilise its protection. To determine which persons would receive the smoke detectors, police used the results of a recent survey conducted in local communities. T he Fire Services Departm ent will be conducting a s imilar exercise in Long Island next week, said Mr Ferguson. Smoke alarms are rare fixtures in the homes of most Bahamians, said Chief Fire Officer Inspector Norman Bain. We recommend that you purchase a simple smoke detector with a volt battery. All smoke detector brands are effective once installed properly, he said. Inspector Bain said when installing a smoke detector, ensure that it is fastened on t he ceiling, at least 18 inches f rom the wall. We generally want to encourage the population to be safety conscious in eliminating hazards that may contribute to fires starting, he said. We want persons to be extra cautious in avoiding starting fires. During the summer period we have a lot of rubbish fires that are started by persons clearing trash, and we want to warn persons against this. Smoke detectors fitted in homes of elderly and young families Airport tests response plan in full-scale aircraft emergency drill YOUREWELCOME: Police Sergeant 2091 Rolle and Corporal 2552 Pratt take time to greet Dudley C ooper, a tailor who has been living in Burial Ground Corner since 1934. Officers from the Fire Services Department yesterday installed a smoke detector at Mr Coopers home. F e l i p M a j o r / T r i b u n e s t a f f F elip Major / Tribune staff SAFE AS H OUSES: Mr. Dudley Cooper looks on as Tyson Issacs from Bahamas Welding and Fire installs a new smoke detector as parto f the Fire Safety Awareness Week, n FIRESAFETYAWARENESSWEEK Exercise starts with Dudley Cooper, 88

PAGE 3

THERE WAS no news up to press time on Drexel C larke, a diver reported missi ng Saturday night after a boat he was on capsized south of New Providence. S earch craft from the Royal Bahamas Defence Forcea nd the Bahamas Air and Sea Rescue Association reported n o sightings. According to family members, Mr Clarke and two othe r men were said to have "run into problems" with the 32foot boat around 2pm southo f New Providence on Satur d ay. With New Providence in sight, the three men report-e dly started swimming to shore when Mr Clarke, said to be a certified diver, turned a round for reasons unknown. Before the boat capsized, he was said to be wearing a life vest and diver's fins. T he two men were able to swim to shore unharmed, according to reports from the E lizabeth Estates Police Station on Saturday night. The first RBDF patrol c raft was immediately dis patched to the area. Since then two additional craft were d eployed to assist with the search. An RBDF aircraft deployed on Sunday led to the discovery of the capsized boat seven to nine miles south of New Providence. In addition to the RBDF search patrol, an aircraft from the Bahamas Air and Sea Rescue Association flew 200 square miles with no sightings on Sunday. C M Y K C M Y K L OCAL NEWS T HE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 3 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM T T h h e e J J a a v v a a G G a a l l l l e e r r y y T T h h e e J J a a v v a a G G a a l l l l e e r r y yWongs Plaza Madeira St. Wongs Plaza Madeira St. Tel: (242 Tel: (242 2335 2335 Soft and durable Diversatex Soft and durable DiversatexTM TMcushion is fade and mildew cushion is fade and mildew resistant and is available in resistant and is available in blue, green or terracotta blue, green or terracotta x xChairs Chairsx xTables Tablesx xBenches Benchesx xUmbrellas Umbrellasx xLoungers Loungersx xDrinks Trolleys Drinks Trolleysx xCoffee Tables Coffee Tablesx xEnd Tables End Tablesx xCushions CushionsOutdoor Elegance Outdoor Elegance By MEGAN REYNOLDS Tribune Staff Reporter mreynolds@tribunemedia.net A MURDER trial opened in the Supreme Court yesterday to ascertain whether Kevin Hart fatally shotK endall Braynen in January 2003. Prosecutor Basil Cumberbatch told J ustice Jon Isaacs court how Mr Braynan, 38, was shot while standing in R upert Dean Lane at around 6.30pm on January 11. He alleged that Hart approached Mr B raynen from behind and shot him in t he neck, killing him. The events are a blatant disregard f or public safety and human life, Mr C umberbatch said. Police Constable Julian Butler told t he court he was first on the scene as he had been alerted by the Police Control Room while on patrol with the mobile division at around 6.40pm on the day of the shooting. H e found Mr Braynen lying face down in the road on the east side of Rupert Dean Lane, off Poinciana Dri-v e. H e said a crowd had gathered a round the lifeless body dressed in a r ed T-shirt and black short pants. There was a small wound on the right side of his neck, PC Butler said. An ambulance soon arrived at the scene and was followed by two inspec-t ors, and then two detectives from the C entral Detective Unit (CDU Butler said. Crime scene investigator Detective Corporal Marvin Cargill was the first witness to take the stand yesterday ash e took photographs of the apparent m urder scene which were distributed to the jury, attorneys and Justice Jon Isaacs as evidence. D C Cargill said he also took blood s amples from the road and went to the P rincess Margaret Hospital laboratory o n January 13 to speak to the forensic pathologist. He also viewed the autopsy and collected post-mortem samples to take to the police forensic lab for analysis onJ anuary 15. Hart is represented by d efence lawyer Murrio Ducille in the murder trial. Although proceedings had been scheduled to open on Monday, the matter was adjourned to yesterday att he prosecutors request. T HE arrest of a man seen acting suspiciously near the A dministrative Office in Governors Harbour, Eleuthera l ed to a swift conviction and the return of cash stolen from the communitys post office. Local police say when they came upon the man at around 4am on Sunday, he fled causing the officers to chase him. After catching up with the suspect, they confiscated c ash and electrical equipment. The next morning, at around 9am, the police received a report that the Governors Harbour Post Office had been broken into and that cash was stolen. Just after noon that day, 30-year-old Donald Sands of Governors Harbour, Eleuthera appeared before the local magistrate and pleaded guilty of shop-breaking, stealing a nd receiving. He was sentenced to three years in prison on each count. The terms are to run concurrently. JUST after midnight on Tuesday, police rushed to Lily of the Valley Corner off Market Street after witnesses reported a shooting. T he responding officers were told a gunman entered a h ome on the street and fired shots at another man, hitting h im in the left arm. The victim was rushed by ambulance to hospital, where he is reported to be in stable condition. P olice are investigating this matter. AT AROUND3am on Tuesday, officers of the Northeastern Division got a tip that led them to a home on Mackey Street. The officers came upon two men asleep inside a blue Buick Century. A fter searching the men, the officers confiscated a h andgun and ammunition. The men, ages 21 and 22, both of Mackey Street, were t aken into custody for questioning. A n hour and a half later, officers from the same division e xecuted a search warrant on a home in Winders Terrace off Kemp Road, where they discovered a quantity of marijuana. T wo men, ages 38 and 29, were taken in for questioning in connection with the find. Police investigations into both incidents continue. Court hears of blatant disregard for human life STEPPING TO IT: Bahamian Rick Fox, right, and his partner Cheryl Burke perform on the celebrity dance competition show, Dancing with the Stars on Monday in Los Angeles. Actor and former Lakers star Fox the current favourite to win is competing against other celebrities on ABCs hit show, including actress Jennifer Grey, singer Brandy and Disney Channel star Kyle Massey. Adam Larkey /AP Photo/ABC RICKFOXHITSTHEDANCEFLOOR Post office cash returned after arrest, conviction Murder trial over death in 2003 gets underway Search reports no sightings of missing diver ROSEAU, Dominica UPGRADESat an airport on the tiny Caribbeanisland of Dominica mean planes can take off and land by night for the first time, according to Associated Press. Aviation Minister Ray burn Blackmore says he expects a boost to tourism. For now, only small air craft will be allowed to land at the Melville Hall airport until 10 p.m. The head of the Dominica Air and Sea Port Authority says he expects the airport will receive clearance for larg er aircraft within the next six months. Benoit Bardouille says the European Union, Venezuela and the local government paid for more than $100 million in air port upgrades. Officials say a Windward Islands Airways plane landed there late Monday. Dominica airport welcomes night operations for first time

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EDITOR, The Tribune. I t has been nine years since the Twin Towers fell in New York, yet many A mericans have still not digested the lessons of that s tony-hearted atrocity, T hat much has been made very clear by the ignorant c ampaign against the ground zero mosque, which is neither a mosque n or at ground zero. And then there was the s tunningly stupid threat by a Florida pastor to mark the ninth anniversary of 9/11 by burning 200 copies of the satanic Quran on the front lawn of his church. The conventional wisdom is that Al-Qaeda hatched the 9/11 plot with the imme diate aim of making Americans feel threatened in their own backyard and as a high profile, symbolic challenge to American power, particularly the way the power is perceived by them to be exercised in the MiddleE ast. But its longer term goal was almost certainly toi ncrease global conflict between Muslims and nonM uslims and radicalise the Islamic world by drawing t he United States into a d escending spiral of human rights abuses and costly and u nwinnable wars. In this it has succeeded b rilliantly, with US assistance at every step. In threatening to dese c rate the central text of Islam, for example, Pente costal preacher Terry Jones m ust have been reading straight from an al-Quaeda script, as provocation of this magnitude would only increase the power of Islam. The growing religious polarisation of the US, mirroring similar intolerance in parts of the Islamic world, has been starkly highlighted by reports that two-thirds of Americans oppose the construction of an Islamic cultural centre, dedicated to promoting religious harmony, more than two city blocks away from the former site of the Twin Towers, and that more than 30 million American citizens think their president is Mus lim. In past years, the com memoration of 9/11 in the US was a somber affair, mercifully free of religious c hauvinism. The fear must be that such f ervour will sweep away the voices of reason, tolerance and reconciliation personi fied by President Obama, a nd that the frenzied American rightwill ensure that he serves a single term. T hat would be a tragedy, a s the only hope of a terrorfree future lies in such mea sures as the withdrawal of troops from Iraq and Afghanistan and a lasting solution to the Middle Eastern crisis. It is only by recognising the necessity of coexistence, by removing cultural and religious provocation and by building mutual respect, that future 9/11s can be averted. JERRY ROKER Nassau, September 16, 2010.s EDITOR, The Tribune. The Bahamas and her people are at the proverbial cross roads. Indeed, I submit that we are between a rock and a hard place while o ur political masters are g yrating; dancing the watusi a nd dispensing out heavy and potentially toxic doses o f vodoo economics. What is badly needed in our beloved country today, i n my humble view, is some goodwill politics and surp rises. For instance the soc alled Baha Mar deal has b een languishing for several years. At one time it a ppeared to be on life support. Now that the consummation appears to be just across the bar, our politicians and their erstwhilea llies are, seemingly, playing the thing with the big ears and short tail. The collective nation is e xperiencing economic hell; societal melt down, of course, the stark abandon ment of morality and civility. The major political parties, PLP and FNM, must and s hould come together on a national consensus on the way forward, despite their perceived political and leade rship style, for the good of the nation. M r. Ingraham and Mr. Christie owe it to ordinary B ahamians to present us w ith surprises when the House of Assembly conv enes after the long summer recess relative to the a pproval of all aspects of the Baha Mar deal. There is no Chinese b aby as whatever the baby may look like, at b irth, it is a Siamese twin, joined at the hips. The true paternity may never bek nown but it is clear that the mother is Bahamian. It may b e domestically a challenge but our leaders must step up to the plate and do the right t hing. W hile voting on the approval for the Baha Mar components, parliamentar ians must and should also start a national dialogue on: crime and punishment; illegal immigration; the overcrowding of our educational system; the broken judicial and legal systems and the evolution of a lost and hopel ess generation of young B ahamians. There is prec ious little time to waste if we are not to become a failed state and a ticking time bomb. Will they, however, cont inue the meaningless and deadly political tribalism, ad n aseum? The leaders of the F NM and the PLP have yet t o etch their legacies in the annals of The Bahamas. W hen compared with the late great and irreplaceable Sir Lynden Oscar Pindling, one is obliged to ask the question: What manner ofp ygmies dominate our political arena? The resounding and echoing answer may well surprise us all. To God t hen, in all things, be the glory. ORTLAND H. BODIE, JR., Nassau, S eptember 14, 2010. C M Y K C M Y K EDITORIAL/LETTERS TO THE EDITOR PAGE 4, WEDNESDAY, SEPTEMBER 22, 2010 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., ( Hon.) LL.D., D.Litt P ublisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama TELEPHONES Switchboard (News, Circulation and Advertising A dvertising Manager (242 Circulation Department (242 Nassau Fax: (242 Freeport, Grand Bahama: 1-(242 Freeport fax: (242 WEBSITE w ww.tribune242.com updated daily at 2pm MANY Tribune readers were shocked at the attitude of straw vendors Tuesday on learning that nine of their own were arrested in New York and charged with allegedly purchasing counterfeit designer goods for resale in the Bay Street market. The cry of the locals seemed a plea to the Bahamas government to question the authority of US law enforcement to snatch their lifes bread from their tables. Although many vendors are aware that they are trading in counterfeit goods, they seem to think they have a right to do so. There is no apparent awareness despite many warnings that such a trade is against the law and that there are serious penalties for law breakers. The president of the Straw Business Persons Society, a reverend no less, went so far as to tell our reporter that unless someone can provide a means for Bahamian vendors to get the counterfeit designer bags without risking getting caught by US authorities things are going to get rough for vendors and their families. Let us suppose that someone did find a means to get these illegal goods onto their shelves, dont they know that they could be arrested by local police for doing so? It is only because our police have not been as aggressive as they should have been about enforcing the law that the incident in New York took place this week. The US government has accused Bahamian police officers of being complicit in the straw markets counterfeit trade. The Bahamas enforcement laws, it said, are lax when it comes to protecting intellectual property rights. Tired of dealing with a coun-try of lax laws, US authorities decided to enforce the law themselves especially when it is broken on their own territory. "I would feel sorry for the Bahamas if we have to stop selling these bags, the Societys president told our reporter. It will affect the vendors and it will affect The Bahamas. These bags are generating a lot of funds. The whole economy will feel it. The tourists come and they have to go to the ATM to purchase these bags. I guarantee you they wouldn't go to the ATM to buy a straw bag. "If you look at the straw bags, you would be surprised to know how long they were hanging there. The knock off move quickly. So if you are looking to put food on the table that's what you do." Does this argument justify breaking the law? If so then why arrest the little thief in the night who breaks into your home because he too has to put food on his table? True it is stealing of a different kind of property, but it is still stealing. It is probably the same argument used by the pirates when Woodes Rodgers on pain of the noose tried to restore legitimate commerce to these islands. Our reporter walked through the world famous straw market on Tuesday to find that virtually every stall sells at least some fake designer goods, and many of them are heavily-draped in knock-off designer hand bags of all shapes, colours and sizes. The vendors made no attempt to hide them. Although many vendors have acknowl edged that their goods are counterfeit from such designer brands as Gucci, Prada, Dolce, Gabana and others their attitude is that theirs is the right to sell. The pushing of these hot items was so obvious that if the police were in fact intent on applying the law, the market could have been cleaned out in a matter of days. But, of course, the political fall-out also has to be reckoned with. Straw vendors have always expected rules to be bent in their favour, so the squeals would have been loud and furious had there been a hard local crack down. The world famous straw market disappeared from our shores many years ago ever since the days when it was removed from its Rawson Square location a colour ful scene of Bahamian basket women, plaiting their bags, hats, toys and mats, while their children learned the trade by their sides. It was a scene that inspired poets and artists. But no more. Today we have a cheap flea market, which as Mr Charles Klonaris, chairman of the Nassau Tourism and Development Board, pointed out last year is of no benefit to the Bahamas. We hope that taxpayers money, now being spent to create a new straw market, will be one that displays local arts and crafts of which Bahamians can be proud and visitors will want to purchase as souvenirs. But what they are producing now, said Mr Klonaris, is just not acceptable. Goodwill politics and surprises are badly needed LETTERS l etters@tribunemedia.net Cant justify Straw Markets counterfeit trade Many Americans have still not digested lessons of 9/11

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By MEGAN REYNOLDS T ribune Staff Reporter m reynolds@tribunemedia.net AN American holidaymaker lost nearly $30,000 and was ordered to pay a $2,500 court fine for failing to declare his casino winnings to US Immigration a uthorities at Lynden Pindling International Airport on Sunday. Michael McWilliams, 35, of Buckhead in Atlanta, Georgia, maintains he was caught unaware when he failed to declare $28,878 in cash to U nited States Immigration a nd Border Control Officials at the airport. M cWilliams first pleade d not guilty to the two c harges against him: failing to declare more than $10,000 cash in his posses-s ion and making a false declaration to an officer of the United States of America when he a ppeared in a Nassau Magistrates Court on Monday. B ut he later returned to t he Parliament Street c ourt and changed his plea to guilty with representa-t ion from attorney M onique Gomez, who had represented Colton Harris-Moore, alias the Bare foot Bandit when he was apprehended in July. McWilliams was back in court again yesterday for s entencing. M agistrate Ancella Williams imposed a $2,500 fine and ordered him to hand over his winnings. McWilliams said he had won the cash at the Atlantis casino during his h oliday, and lamented outs ide court that he would now lose all of his takings as well as having to pay the fine and legal fees. Form The American tourist, who said he has visited theB ahamas before, maint ains he was not trying to h ide the cash from authori ties, but simply was not paying attention when hef illed out his US Customs p re-clearance form at Nassau airport. I really didnt know, the American said. I went through the list as I was talking on the cell phone and I just checked no, no, no. It wasnt like I meant to hide it the money was right on top of my bag. C M Y K C M Y K L OCAL NEWS T HE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 5 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM B y MEGAN REYNOLDS T ribune Staff Reporter mreynolds@tribunemedia.net A DATE has yet to be set for the unlawf ul sex trial of Bishop Randy Fraser as lawyers could not agree on three successived ays when to hold the trial in Magistrates C ourt. Deputy Chief Magistrate Carolita Bethel called defence attorney Wayne Munroe and Deputy Director of Public Prosecutions Franklyn Williams to return to her court yesterday morning after two unsuccessful attempts in Mr Munroes absence on Mond ay. H owever, yesterdays meeting failed once a gain as Mr Munroe explained he had two t rials scheduled before the Supreme Court in N ovember and would not be free until D ecember 10. And although Mr Williams was not present, a lawyer from the Attorney Generals Office who appeared on his behalf indicated the prosecutor would not be available then. Magistrate Bethel said: I have made three attempts, wasted my time yesterday m orning, yesterday afternoon and today. Now we are going to get me three days this year before the middle of December. This is an old criminal trial, and I would l ike it dealt with as soon as possible. T he magistrate called an end to the session and asked the prosecution and defence attorneys to agree a date for trial and returnt o her court in Bank Lane to inform her of it this morning. It is the second trial of the accused bishop who has pleaded not guilty to having unlaw f ul sex with a 16-year-old girl between July 2 005 and February 2006. He was acquitted of the charge in 2007, but the Court of Appeal ordered a retrial. The alleged victim in the case, who is now 2 0, testified that she and Fraser had sex a round 12 times a month at his home and office at Pilgrim Baptist Temple in St James Road, Carmichael. Attorney Wayne Munroe made a no case submission on August 16, arguing the charge was duplicitous as he said each sexual encounter was a distinct offence and there-f ore each instance should be brought on a separate count. However, Magistrate Bethel ruled the charge was not duplicitous on September2 Fraser, who is on $10,000 bail, will enter a sworn testimony in the trial and call 25 wit nesses or more to the stand. Court orders US holidaymaker to hand over $28,000 winnings Lawyers cant agree when to hold Bishop Fraser trial THE BAHAMAS VERYOWNSTREETPHILOSOPHER ACCUSED: Bishop Randy Fraser

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By LARRYSMITH DEBATE on the government's resolution to approve the Baha Mar development was scheduled to begin today in Parliament five years after the initial deal was concluded in 2005. But the debate was postponed until the project's principals can come to terms with the Bank of Nova Scotia on outstanding debt. It's been a long road although not quite as long as the 13-year BTC sell-off and conditions in 2005 were vastly different from what they are today. Back then, the credit boom underway in the US had a marked spillover effect on the Bahamas, with major developments planned around the country. But most of these projects collapsed in the wake of the Great Recession that swept the world in 2008. The Baha Mar project was kept ticking over, even when the original joint venture partners withdrew. It was the brainchild of a Lyford Cay resident named Sarkis Izmirlian, whose grandfather left Armenia in the final years of the Ottoman Empire. Sarkis' father, Dikran, made his fortune by cornering the world peanut trade. And the family became property developers in Britain, where one of their companies owns the 13acre site on which London's City Hall is located. While Dikran lives in Switzerland, Sarkis manages the family's assets from the Bahamas. He is said to be an astute developer who conceived the grandiose Baha Mar project partly to make a name for himself. But the project has been able to survive only because the Chinese are investing their huge currency reserves in support of their strategic interests. According to China's Commerce Ministry, some 800,000 Chinese are now working on energy, infrastructure and housing projects around the world. Without clear evidence, we should discount the allegations that have been made about the use of Chinese convicts as workers on these projects. But we do think it makes sense for our government to seek a broad political consensus for the project in view of the large foreign labour component. The 1,000-acre Baha Mar project is owned by the Izmirlian family, with the Chinese Export-Import Bank providing $2.5 billion in financing over 20 years and the China State Construction & Engineering Co as principal contractor. Challeng es It was unclear at this writing whether the Bank of Nova Scotia, which financed the Izmirlian's earlier acquisition of Cable Beach hotels, would become an equity investor. But it is fair to ask how Baha Mar expects to repay a $2.5 billion loan from China when it has already encountered challenges servicing the current $200 million loan to Scotiabank. Still, it is the view of most observers that Cable Beach needs to be redeveloped for the country's tourism industry to remain competitive, and whether the land used for collateral is conveyed on a longterm lease or as freehold is beside the point. The optimum use for that land is resort development and nobody else in the current environment can finance such a project. And even though a large portion of the $2.5 billion will return to China in the form of interest, wages and materials purchases, this is still a major foreign investment for the Bahamas that will help to stimulate the economy in the short term and drive tourism growth in the longer term. Conflict of Interest According to the Institute of Auditors, conflict of interest is when someone in a position of trust has a competing professional or personal interest that makes it difficult to fulfil his or her duties impartially, or that creates an appearance of impropriety. But exactly what does that mean in the Bahamas? Well, the short answer is...very little. The Bahamas is a small place, which makes it difficult for any of us to avoid apparent conflicts. And they happen all the time, at every level, in both the public and private sectors. There are very few explicit rules, and even where rules exist, there are no real sanctions. In the political realm, the old United Bahamian Party oligarchs have been described as "the poster boys for conflict of interest and corruption." Back before the days when cabinet ministers earned official s alaries, UBP politicos routinely represented companies d oing business with the government and awarded them selves contracts as a matter of right. Things were so bad that prior to the 1967 general election the UBP itself had issued a c ode of ethics requiring ministers to withdraw from any case i n which they had a private interest. But that didn't stop politicians like Sir Stafford Sands from acting as paid agents for Freeport gambling interests, as documented by the 1967 Com m ission of Inquiry. Sands (who was finance and tourism minister at the time) received over $1.8 million in consultancy fees from the Grand Bahama Port Authority between 1962 and 1966. The Port also gave hundreds of thousands of dollars in politi cal contributions to the UBP. When the Progressive Lib eral Party came to power in 1967 it promised to change all that. The Pindling administration issued a new code of ethics that prohibited ministers from accepting substantial gifts from persons doing business with the government. Fast forward 15 years and the Bahamas was in the throes of a criminal takeover by South American drug cartels. The Colombian flag was raised over Norman's Cay in George Smith's Exuma cons tituency by the notorious gang ster Carlos Lehder, who drove ordinary visitors away at gunpoint and orchestrated hourly cocaine flights to the US. The 1984 Commission of Inquiry found that Smith had accepted gifts and hospitality from Lehder, who is now serving a long sentence in an American jail. In fact, one parlia m entarian said at the time that "Pindling and his crew make the Bay Street Boys look like schoolchildren." The 1993 inquiries into Bahamasair and the Hotel Corporation were initiated by the first Free National Movement government. They documented decades of gross mismanagement, conflict of interest, and official corruption under the PLP. In response, the FNM promised a government in the sunshine that would be fully accountable to the people. In the years since there have been many accusations of conflict of interest featuring politicians of both major parties, but none of them have matched the scale and sheer brazenness of those earlier controversies. For example, during the second FNM administration Brent Symonette resigned as chairman of the Airport Authority after it became known that a company in which he had a minor interest had been contracted to do paving work at the airport. Charges were made against Tommy Turnquest for allowing an air conditioning contractor to pay for his leaderelect victory party. And Dion Foulkes was accused of awarding contracts for school repairs without a public tender. When the PLP was re-elected in 2002, Perry Christie made a lot of noise about integrity in public life, and issued another code of ethics for ministers that basically re-stated existing g uidelines. But his promised law codifying rules on conflict o f interest never came before parliament. Controversies And so the controversies continued. Leslie Miller and other PLP officials were accused of renting buildings to the government they served, a common practice. Minister of Local Government V. Alfred Gray was accused of remaining active in his law firm, which was representing one party in a local government dispute. Neville Wisdom faced charges of impropriety in awarding contracts for Junkanoo bleachers. PLP Minister Bradley Roberts and then chairman of the Water & Sewerage Corpo ration Don Demeritte were accused of leading a conspiracy that would have bilked Bahami ans of millions of dollars. According to testimony in an industrial tribunal, the chair man instructed the corporation's general manager to call off the bidding process for a reverse osmosis plant at Arawak Cay, and start negotiations with a firm whose prin cipal was Jerome Fitzgerald, a PLP senator. This matter is still before the court. The most sensational case of conflict of interest during the PLP's last term involved Shane Gibson's relationship with expired American sex symbol Anna Nicole Smith. Gibson resigned from the cabinet in February 2007 after The Tribune published embarrassing photos of him on a bed with Smith at her Eastern Road home, although both were fully clothed. Gibson insisted he did not have a sexual relationship with Smith and denied doing her any favours. At the time, the "attack" on Shane was characterised by a fellow PLP minister as "the successful manipulation of misinformation by people whose stock in trade is nastiness and sleaze." Well, now we have something that trumps all of that potted history. A minister who takes advantage of a private helicopter flight in order to attend two official meetings on two different islands over two consecutive days the evening premiere of a conservation film on Abaco, and a meeting with visiting American experts in the Exuma Cays the next morning. "I would not have been able to do either with regular flights, or even make the previously agreed times by boat," Environment Minister Earl Deveaux told me. "It is difficult, if not impossible, to discharge this job, with the required oversight, if we are not able to use the facilities of the principals." For George Smith's information, the Aga Khan is not a criminal unlike Carlos Lehder. He is as desirable an investor as Sarkis Izmirlian. His Swiss-registered Development Network runs a variety of multi-billion-dollar humanitarian programmes in 25 countries around the world. And the Aga Khan Health Services is one of the most comprehensive, priv ate, not-for-profit healthcare systems in the developing w orld. Before we jump to conclu sions, perhaps we should ask what are the actual regulations that apply to official conflict of interest in the Bahamas these days. T he answer to that question is contained in the manual of c abinet procedure, which states that a minister "must not, except as may be permitted under the rules applicable to his office, accept any gift, hospitality or concessional travel offered in connection with the d ischarge of his duties." On my reading, accepting a trip for a personal benefit rather than for a public duty would likely be considered a breach of this rule. Yet incumbents of both major parties have accepted personal hospitality from big investors or foreign govern ments fairly routinely over the years, and usually without any controversy. The real elephant in the room in this context is the financing of political parties by big investors and corporate interests. There are no rules at all in this regard, and everything is done behind closed doors. I have it on good authority that each of the 82 main party candidates in the 2007 general election received an average of $30,000 in campaign funds. Added to that are general part y expenses for advertising, printing, logistics, travel, and give-aways. Clearly, Bahamian elections cost millions of dollars. Where do you think that money comes from? So should we be concerned about a free helicopter ride to a business meeting? You be the judge. What do you think? Send comments to larry@tribunemedia.net Or visit www.bahamapundit.com C M Y K C M Y K PAGE 6, WEDNESDAY, SEPTEMBER 22, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 63(&,$/*(1(5$/ 0((7,1*7$OOPHPEHUVRIKH%DKDPD ,VODQGVHVRUWVt&DVLQRV &RRSHUDWLYH&UHGLWQLRQ %,5&&&8f/LPLWHG 7KH(XJHQH&RRSHU%XLOGLQJ 9LOODJHRDG1RWLFHLVKHUHE\JLYHQWKDWVSHFLDO*HQHUDO 0HHWLQJRIWKH%DKDPD,VODQGV5HVRUWV &DVLQRV&RRSHUDWLYH&UHGLW8QLRQ/LPLWHG ZLOOEHKHOGDWWKH&UHGLW8QLRQSUHPLVHV LOODJHRDGDVVDX%DKDPDVRQ7KXUVGD\UG )RUWKHIROORZLQJSXUSRVH 7RUHFHLYHOHWWHUGDWHG 0HPEHUV 7RGLVFXVVDQGWDNHDFWLRQRQVXFKPDWWHUVRXWOLQHGLQ OHWWHURI7KLVPHHWLQJLVLQDFFRUGDQFH ZLWK%,5&&&8 DFFRUGDQFHZLWKHJXODWLRQVt/LQGD\PRQHWWH 6HFUHWDU\ 326,7,21 $9$,/$%/(6HUYLFHWDWLRQLVORRNLQJIRUD3DUWVHUYLFHDQDJHU )DPLO\,VODQG DUVK+DUERXU$EDFRf([SHULHQFHZLWKSDUWVDQGVHUYLFH &RPSXWHUOLWHUDWH *RRGZULWLQJFDSDELOLWLHV 6DODU\GHSHQGVRQH[SHULHQFH 0DOHRUIHPDOHFDQDSSO\ $JHDQGROGHU (PDLOUHVXPHDQGFRYHUOHWWHUWR TVD#FRUDOZDYHFRP SCIENCE fiction author Lewis Walmsley, who is set to publicly launch his novel Glassidor on October 2 at the Ruby Swiss Restaurant in Freeport, said he will be donating the proceeds of the first 100 book sales to the island's PACE Centre. The PACE (Providing Access to Continued Education) Centre offers a volun tary programme for student mothers and is a collaborative effort of the Ministry of Social Development, the Ministry of Health, and the Ministry of Education. The main focus of the facility is maternal and child welfare, counselling and school placement. Additional services provided at PACE include daycare facilities, financial assistance with food, clothing, uniforms, and footwear, and assistance with baby items, food, pampers and clothing for student mothers. Explaining why he chose the PACE Centre as the beneficiary of his donation, Mr Walmsley said: Since being here the islanders have been so kind to my fiance Katherine and I so we wanted to give something back. Any monies invested in education are never wasted, and what better a cause than unmarried moms want ing to continue their education. I hope to help create future readers. Who knows, in ten years time one of those little babies may just pick up a copy of Glassidor, blow the dust off it, and read it. Mr Walmsley recently met with the acting principle of the PACE Centre Shirlee Butler to discuss the upcoming donation and the author gave her a copy of Glassidor to go in the facility's library. We at the PACE Centre are deeply grateful for Mr Walmsleys interest in and intended donation to our school. We are currently building our computer lab and any assistance in achieving this goal is greatly appreciat ed, said Mrs Butler. Set against the backdrop of some of the Bahamas most scenic sites, including the Lucayan National Park and Bens Cave, Glassidor is described as a fast-paced science fiction adventure. It is the story of a mothers love, duty, and devotion in her protection of Earths chil dren, the author said. The book tells the story of Dee, a space nomad who arrives on Earth in the year 1620 to recover a lost artifact sent there by her ancestors 74 million years earlier. Mr Walmsley was born, raised and educated in England. He immigrated to Toronto, Canada in 1974 where he spent 34 years in the automotive machining industry. In 2008, he moved to Freeport where he lives with his fiance Kather ine. Glassidor is his first fiction book and he has almost completed work on a second one. Science fiction author to donate proceeds of 100 books to PACE Centre BOOK LAUNCH: Lewis Walmsley, author of Glassidor, a science fiction book set in the Bahamas. Debate on the Baha Mar development

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C M Y K C M Y K L OCAL NEWS T HE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 7 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By DENISE MAYCOCK Tribune Freeport Reporter d maycock@tribunemedia.net FREEPORT The Grand Bahama M edical and Dental Association has announced plans for a number of events here on the island, including an educational conference and awards banquet. Dr Freeman Lockhart, GBMDA president, said the events kick off on September 30 with the opening of the 10th annu a l Educational and Scientific Conference at Canal House at Pelican Bay Resort. This years theme for the conference is Transforming the Approaches to Health c are; Global Initiative. A number of local, national and international speakers will make presentations highlighting advancesa nd trends in healthcare. Mr Lockhart said they hope to foster stronger networks in both the domestic and international healthcare arenas. As a prelude to the conference, a worship service will be held at the Pro-Cathe-d ral Christ the King on Sunday at 10am. Minister of Health Dr Hubert Minnis will officially open the conference on Thursday, September 30. Mr Lockhart said conference sessions w ill start at noon on September 30 and e nd on Friday, October 1. A boat cruise will be held on Friday evening. The conference will culminate with a gala awards banquet on Saturday,O ctober 2. Cocktails start at 6pm and formal seating at 7pm. Two outstanding local physicians, obste tricians and gynaecologists Dr Paul Ward a nd Dr Havard Cooper will be honoured. Mr Lockhart is encouraging the public to attend both events as funds raised will be donated to charity. As is customary, part proceeds from the awards banquet will be donated on behalf of the honorees to charitableg roups or organisations in their medical specialty. This years beneficiaries are the obstetric ward of the Rand Memorial Hospital and the Grand Bahama Crisis Centre, he said. F ollowing the banquet, an awards part y will begin at 9.30pm in the Captains G allery at Canal House. Dr Lockhart said tickets for the ban quet are limited given the limited capaci t y at Canal House. Tickets can be purchased from committee members. He explained that the objective of the G rand Bahama Medical and Dental Asso ciation is to educate the community and colleagues in the medical field. MINDFUL of the fact a college education can cost tens of thousands of dollars, Doctors Hospital said it recently made cheque presentations to their Dr Meyer Rassin Foundation recipients of over $100,000 in tuition assistance and scholarships. Beneficiaries were students enrolled in degree and certified programmes in various areas of healthcare locally and abroad. The Doctors Hospital Dr Meyer Rassin Foundation said it has provided scholarships and financial assistance to 70 students pursuing a career in health for this school year. Created in honour of the late Dr Meyer Rassin, the foundation was created as a philanthropic mechanism through which individuals, trusts, foun dations, estates, businesses and other organisations may invest in healthcare in the Bahamas. The Foundations aim is to encourage and assist qualified students engaged in study in the healthcare field as well as healthcare workers such as medical technicians, pharmacists, lab technicians, imaging technicians, nurses and others to realise their dreams. Students being considered for tuition assistance or scholarships must achieve a grade point average of 3.0 or higher, must be accepted to an accredited certificate programme or a degree programme, students must be Bahamian citizens and must be able to show proof of financial need. Application forms may be obtained from the hospitals website at www.doctorshosp.com or from its marketing department. The Doctors Hospital Dr Meyer Rassin Foundation invites the public to share its commitment by helping those in need for years to come. Busy schedule announced for GB Medical and Dental Association Doctors Hospitals Dr Meyer Rassin Foundation gives over $100,000 in scholarships, financial assistance MINISTER OF HEALTH Dr H ubert Minnis will officially o pen the conference. Share your news T he Tribune wants to hear f rom people who are m aking news in their neighbour h oods. Perhaps you are raising funds for a g ood cause, campaigning f or impr ovements in the ar e a or have won an a war d. If so, call us on 322-1986 a nd share your story.

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C M Y K C M Y K LOCAL NEWS PAGE 8, WEDNESDAY, SEPTEMBER 22, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM hotel. Agents secretly watched as more bulky, black duffel bags were delivered to the womens hotel the following day by two unidentified males and again later that same day when four of the women entered another wholesale retail establishment before leaving with six more bags full of at that point unidentified items. The women were followed by a surveillance team to the JFK airport, and agents inspected the contents of their luggage after it had been checked in. It was determined at that time that to protect the integrity of this ongoing investigation, neither the luggage nor the contents of that luggage would be seized by law enforcement as the investigators continued to build their case. However, found within the luggage were hundreds of counterfeit luxury items, alleges the criminal complaint. Roshanda Rolles luggage contained 66 knock-off products, including Louis Vuitton and Coach wallets, Gayle Rolles luggage contained 21 counterfeit items, Marva Fergusons bag contained 67 such products and Marvette Fergusons, 75, said the court document. A private investigator employed by a number of luxury brand companies including Louis Vuitton, Coach, Rolex, Dolce and Gabbana, Gucci and Burberry joined the federal agents and allegedly determined the counterfeit nature of each and every one of the items. The four women who were said to have participated in the May trip, along with Patricia Hanna, Shamone Thompson, Margaret Pierre, Judy Duncombe and Tracy Davis, were next seen arriving in New York Citys JFK airport last week, on Thursday, September 16th. Shortly after arriving (the group e lled to a certain street in New York, New York, on which a number of wholesale retailers are located. After arriving at this destination in Manhattan, Roshanda Rolle, Gayle Rolle, Marva Ferguson, Marvette Ferguson, Patricia Hanna, Shamone Thompson, Margaret Pierre, Judy Duncombe and Tracy Davis entered a number of these wholesale retailers and were subsequently observed exiting the retailers with large black garbage bags, which the defendants took back to the hotel, said the criminal complaint. The group were next surveilled as they checked 31 pieces of luggage into their scheduled Jet Blue flight back to Nassau on September 18th. The checked luggage was then, unbeknownst to the women, again segregated and inspected by Customs and Border Patrol Agents. Up to September 20, 2010, the contents of the luggage are still being catalogued and inventoried. However, during a preliminary review of the contents of the luggage, law enforcement discovered a large quantity of handbags (both with designed labels affixedu pon them and generic non-labelled bags) and designer brand labels (including, but not limited to those purporting to be Dolce and Gabbana Tiffany & Co. jewellery and Rolex watches), the complaint states. Again, a private investigator allegedly determined the goods to be counterfeit. It was at this point after the covert luggage inspection that the nine women were placed under arrest. In interviews with the authorities all were subsequently said to have admitted that the purpose of their visit to New York was to buy the goods to re-sell at their straw market stalls, knowing them to be counterfeit. At the time these defendants were questioned by law enforcement, almost all provided the interviewing agents with receipts from their purchases of counterfeit goods in New York City, the complaint details. Several of the women, like Judy Duncombe, allegedly admitted to buying counterfeit goods in the city for their stall on more occasions. Judy Duncombe stated that she has been coming to New York City for this purpose approximately three to four times per year for the past three to four years, the last time being in April 2010, said the complaint. It is not clear if the women had legal representation at the time of their interviews by law enforcement officials. Roshanda Rolle, Marva Ferguson, Marvette Ferguson, Gayle Rolle, Patricia Hanna, Shamone Thompson, Margaret Pierre, Judy Duncombe and Tracy Davis were all charged in a US court with conspiring to defraud the US government on Monday, specifically trafficking in counterfeit goods and services. All of the women has now obtained or been appointed legal counsel and bar one, who has posted bail, are being held in a Manhattan remand centre. The next hearing of their case is expected to take place in October. Dr Patricia Rodgers, p ermanent secretary in the Ministry of Foreign Affairs, confirmed that a number of family members of the women had been seeking a meeting with Deputy Prime Minister and Minister of Foreign Affairs BrentS ymonette in connection with the situation, but as of yesterday afternoon this meeting had not taken place as far as the official was aware. In a District Court in southern New York on Monday, US AssistantU nited States attorney Christopher Frey, the prosecutor for the US government in the case, suggested that the value of the alleged counterfeit goods had they been real would have been between $400,000 and $1 million. This loss range factors into t he severity of the sentence that the women would receive if convicted of the crimes, this newspaper understands. He spoke as the women were charged with Conspiracy to defraud the United States con trary to section 2320 of Title 18 of the United States Criminal C ode, or more specifically, trafficking in counterfeit goods and services. Trafficking relates to the transport or possession of an item or items for the purposes of commercial advantage or private financial gain. The charges came following a six-month-long investigation into the import and export of counterfeit luxury goods conducted by the United States Department of Homeland Security and Immigration and Customs Enforcement (ICE during which certain individuals from The Bahamas who w ere involved in the trafficking of such counterfeit goods between New York City and Nassau, Bahamas, were identi fied, it is alleged. The expectation now is that the women will be formally indicted within the next 20 to 30 days. U S Federal sentencing guidelines suggest that a prison sentence of 30 to 37 months may be appropriate for indi viduals found guilty of the offences with which the women are charged. A legal source in the United States said this sentencingr ange is only advisory for the Judge and therefore the sentence could be more or less heavy. The women have been charged together in a conspiracy but if they were to be dealt with individually, the sentences received may not be so heavy, said the source, suggesting this may yet happen. The women were not required to enter a plea when they appeared in court on Monday. According to Patricia Rodgers, Permanent Secretary at the Ministry of Foreign Affairs and legal sources in the US, the women and their families in Nassau were yesterday having trouble putting together the necessary bail ahead of any pending trial. Each woman was being asked to come up with a bail package which included a bond of $100,000 usually met by two financially responsible people and cash ranging from between $5,000 and $20,000 to secure bail. Such responsible persons who would be held accountable as co-signers if the woman in question skipped bail have to be interviewed in person before being accepted in that role, and it is not yet clear if they must have US residency. The amount of the bail packages and these other logistical issues are holding up any swift granting of bail for many of the women, The Tribune understands. According to documents, only one woman Roshanda Rolle had up to press time come up with the necessary bond requirements yesterday. She was then required by the court to surrender her travel documents and placed under strict pre-trial supervision. Ms Rolle will be placed under house arrest and electronically monitored. An agreed resi dence at the home of a Ms Barence was recorded. A preliminary hearing for her matter has been set for October 20. It was initially reported there were nine women arrested, but that from this group, two were not charged. However, Dr Rodgers yesterday suggested that in fact 11 women may have been arrested, with the two who were not charged bringing this to a total of nine charged. The Ministry of Foreign Affairs in Nassau said it is monitoring the situation. Management Male Empowerm ent Programme (LMMEP Mr Clarke said the demand for programmes such as LMMEP is triple the current capacity. The Ministry of Educations Safe Schools Protocol Manualf or Public Schools lists a uniform offence as a level one i nfraction, for which the recommended disciplinary action ranges from parental contact, detention, verbal warnings to in-school suspension. An out of school suspension should only be done for a serious infraction. Students take advantage of the suspension to get involved in other anti-social behaviour when they are out; hanging around malls and all the places they go to. There are times when there should be legitimate suspensions. When that occurs it is not just a matter of you get off the compound. There are agencies that must be informed where they could be sent to in a supervised fash ion, said Olly Mae Knowles, assistant deputy director of education. Suspension statistics are not readily available at the Ministry of Education. The Tribune was directed by Mrs Knowles to c ontact each of the fourteen district superintendents indi vidually for statistics. The Safe Schools Protocol Manual for Public Schools directs administrators to record all suspensions and forward the records to the District Superintendents on a quarterly basis for onward transmission to the office of the Director of Education. Patricia Collins, deputy direct or of education, said she is confident the protocols are followed in practice. The solution is not finding a place to send children, according to Mrs Knowles. She said schools have to be more proactive and discretionary in managing suspensions. The Ministry of Education manual gives them the protocols to do so, she said. She said there is a school principal who noticed students were purposefully coming to school without belts in order to attract a suspension. The principal purchased belts and made students rent them when they were without. Based on the way teachers teach more children can be reached. It will take some extra time, but if you get the youngster planning and he becomes a critical thinker, it will help, said Mrs Knowles. Teachers teach not subjects: teachers don't teach math, science, physical education; teach ers teach children; they teach PE to children. If you see yourself as teaching children you take on delivering the subject ina different way. It helps the child to see this is a teacher that r eally cares and they try to appease you by doing well as (best That is my personal philosophy, she said. allegations against some teachers, the former presidents handling of union funds and the staunch division among executive members that led to the vote of n o confidence for the entire former executive team. However, well after 9 oclock last night, officials were still at work tallying the scores that would confirm whether incumbent Belinda Wilson or her challenger Frances Friend would leadt he union on its road to recovery. One teacher, and first time voter, added: What I liked best about the campaign was the fact that the candidates came in to the schools and we were able to ask them ques tions and really find out whatt hey were all about. I dont really follow the ongoings of the union as much as I prob ably should because I feel its always second hand information, so to be able to talk with the candidates first hand was good. At June's annual meeting, m ore than 200 delegates supported a vote of no confi dence for the entire executive team. Despite the frustration displayed then by union mem bers over their inability to work together as a team, 13 of the 15 ousted executive members sought re-election yest erday, each confident they were the key to the unions cohesion moving forward and insistent that they would be able to work with whomever the union elected. Major issues campaigned concerned the pending negotiations for a collective bargaining agreement and the possibility of a group insurance plan for members. Additional key issues involved membership benefits, govern ance, professional development, and communication. One teacher said: I was listening out for campaigns which spoke to the needs of teachers in the family islands.I taught in the family islands for a number of years and I feel as though the teachers there are severely neglected. So anyone with a strategic plan as to how to improve conditions for family island teachers I would give thema chance. There were five polls in the capital, with family island teachers allowed to vote at administrators offices and post offices in the various set tlements. At the polls in New Providence, teachers echoed simi lar sentiments when asked what factors most influenced their vote. Those interviewed explained the new executive team must not only be transparent, trustworthy and pro fessional, but they must also give the appearance that these attributes are adhered to. One teacher said: There are only two candidates for president so its not that hard a decision one or the other. Im looking for someone who is trustworthy, someone that I can trust. Another teacher added: Character plays a big part. This is a professional organization professionalism plays a major part. FROM page one Vendors charged BRENTSYMONETTE: family members of the women had been seeking a meeting with the Deputy PM. Irregularities at teachers union polling stations FROM page one School suspensions FROM page one FROM page one How vendors were bagged

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C M Y K C M Y K L OCAL NEWS T HE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 9 TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM By GLADSTONE T HURSTON A workshop to review C ARICOMs regional policy for food and nutrition security opened on Monday at the Public Health Authority headquarters. This policy seeks to coordinate regional interventions b ased on national priorities t hrough 2025. I t is not meant to reduce n ational resolve to address i ssues related to food and n utrition security, Agriculture and Marine Resources Minister Larry Cartwrights aid. There is room to improve national coordination and awareness on food and nutrit ion security and to formalise the existing policy framework, he told workshop p articipants. A ccording to the World F ood Summit Plan of Action of 1996, Food security existsw hen all people, at all times, h ave physical and economic access to sufficient, safe and nutritious food to meet their dietary needs and food pref-e rences for an active and healthy life. It sets out four dimensions of food security availabili-t y, access, utilisation/nutri tional adequacy, and stability which are the basis oft he regional policy. Although most countries have access to adequate sup plies of food, Minister C artwright noted, the r egional challenge has been to address the problem ofi ncreasing demand for food w hile the regional agricul tural sector is faced with low production and productivi ty rates. The consequence has b een an increased reliance on imported food regionally, he said. In theB ahamas, food imports have increased from $310 million in 2004 to $430 million in 2008, an increase of nearly 40 per cent. The ministry, he said, is in the process of implementing a medium-term strategic plan to address some of the constraints faced in an efforts to increase agricultural production. Many of the strategies identified in the national strategy improving research capacity, investing in human resource development, modernising agricul tural health and food safety standards, and supporting f arming organisations are also identified in the regional policy, said Mr Cartwright. E nsuring access to food, he said, is an important component of the policy. T he Living Conditions S urvey of the Bahamas for 2 001, he said, estimated the n ational poverty level at just u nder 10 per cent. T he highest levels of poverty of one in five persons were observed in south eastern islands, he said. We know that the impact of the economic and finan cial crisis and the resultantl oss of jobs and significant i ncreases in food prices has probably increased the vuln erability of many commun ities and households by r educing their access to food. We have all been aware, through appeals from civica nd non-governmental organisations of the need to expand food and other assistance programmes. The government has also increased funding for safety net programmes that prov ide food and clothing to v ulnerable groups, Minister Cartwright said. There is also a proposal in t he regional policy framework to identify and map vulnerable groups. Dietary changes, he said, h ave shifted consumption p atterns toward a higher energy density diet with a greater intake of fat anda dded sugars. Combined with a seden tary lifestyle, the result has been an increase in chronicn on-communicable diseases ( CNCDs), he said. The regional policy looks at specific initiatives to reduce CNCDs and iron deficiency. Some of the interventions proposed in the regional plan are already being imple mented at the national level. The stability of the food s upplies is impacted by econ omic, financial and natural events, including climate change, he noted. Addressing food and nutrition issues will require a multi-disciplinary and coordinated approach between the public and private sectors and non-governmental organisations, said Mr Cartwright. He acknowledged the financial support of the Food and Agriculture Organisation to the workshop and the assistance of the Public Hospital Authority. Bahamas reviews CARICOM food policy MINISTERS ADDRESS: Agriculture and Marine Resources Minis ter Larry Cartwright delivers the opening address at Mondays review of the CARICOM food and nutrition policy. AGRICULTURE AND MARINE RESOURCES Minister Larry Cartwright is pictured with some of the participants at Mondays review of CARICOMs food and nutrition policy. Pictured from left (seated): Ann Rolle (Ministry of Health), Dr Keith Campbell (Bahamas Agriculture and Producers Association), Mr Cartwright, Brickell Pinder (Ministry of Agriculture and Marine Resources maleta Burns (Department of Healthstanding Miller (Under Secretary), Michael Stubbs (Department of Meteorology), Ashley Lepine (Hands for Hunger), Cresswell Sturrup (Permanent Secretary (Hands for Hunger), Hamilton Newbold (Ministry of Education), and Simeon Pinder (Director of Agriculture). students at C I Gibson Junior High School which followed just three days later, spiked concerns by parents, teachers and members of the community on whether police should be reintroduced as a permanent presence on school campuses. The GHS student was taken to hospital by ambulance, his condition was still unknown up to press time. STUDENT STABBED IN BACK AFTER ARGUMENT FROM page one

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C M Y K C M Y K SECTIONB business@tribunemedia.net WEDNESDAY, SEPTEMBER 22, 2010 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third p arty and The Tribune can not be held responsible for errors and/or omission f rom the daily report.$ $4.38 $4.37 $4.42 BAHAMASNassau:242.356.9801 Freeport:242.351.3010BARBADOSSt.Michael:246.435.1955 [L earn more at royaldelity.com] By NEIL HARTNELL Tribune Business Editor IT goes without saying that the Bahamas has beenl ax in protecting copyrighted works, private sector officials told Tribune Business yesterd ay, the charges levied against the nine Bahamian straw vendors arrested in New York the latest episode to suggestt his nation is not serious in enforcing its intellectual property rights (IPR B oth Khaalis Rolle, the Bahamas Chamber of Com merces president, and the o rganisations executive direct or, Winston Rolle, said this nation needed to become increasingly aware of copy P hoto: Tim Clarke/ T ribune staff T OURISMDRAW: T he Straw Market. Nine straw vendors have been arrested in New York. COPYRIGHT PROTECTIONS STRAW BASE Arrests and charges levied against straw vendors latest episode to suggest Bahamas not serious in enforcing its intellectual property rights obligations* WTO and trade agreements set to change that, private sector warns* Chamber executive fears Bahamas will wait until last minute to move on copyright, and ur ges local businesses and ar tists to protect themselves Education key he says, to understand why IPR necessar y to protect existing revenues and pr ofits SEE page 4B * J J o o i i n n t t B B T T V V I I / / B B C C A A p p r r o o p p o o s s a a l l a a i i m m i i n n g g t t o o t t r r a a i i n n 1 1 , 0 0 0 0 0 0 t t r r a a d d e e s s m m e e n n a a n n d d 5 5 0 0 0 0 c c o o n n t t r r a a c c t t o o r r s s t t o o p p a a r r t t i i c c i i p p a a t t e e i i n n B B a a h h a a M M a a r r o o v v e e r r 1 1 8 8 m m o o n n t t h h p p e e r r i i o o d d * C C o o n n t t r r a a c c t t o o r r p p r r e e s s i i d d e e n n t t s s a a y y s s f f o o r r e e i i g g n n d d e e v v e e l l o o p p e e r r a a g g r r e e e e m m e e n n t t s s l l a a c c k k e e d d c c l l a a u u s s e e s s m m a a n n d d a a t t i i n n g g f f i i n n a a n n c c i i n n g g o o f f t t r r a a i i n n i i n n g g p p r r o o g g r r a a m m m m e e s s By NEIL HARTNELL Tribune Business Editor The joint venture training programme designed to maximise Bahamian construction industry participa tion in the $2.6 billion Baha Mar project is intended to be a template for all future major foreign direct investment (FDI jects, with $1.8 million currently being sought over 18 months to help train 1,000 tradesmen and 500 contrac tors. Stephen Wrinkle, the Bahamian Contractors Associations (BCA told Tribune Business yesterday that the organisation was still awaiting a response from Prime Minister Hubert Ingra ham and the Government to the training proposal that it submitted jointly with the Bahamas Technical and $1.8m template for constructions FDI involvement SEE page 4B * H H a a r r r r a a h h s s s s a a y y s s e e n n o o r r m m o o u u s s s s c c o o p p e e o o f f C C a a b b l l e e B B e e a a c c h h d d e e v v e e l l o o p p e e r r s s $ $ 2 2 8 8 9 9 m m d d a a m m a a g g e e s s c c l l a a i i m m r r e e s s u u l l t t e e d d i i n n i i t t s s $ $ 1 1 2 2 m m l l e e g g a a l l b b i i l l l l , w w h h i i c c h h B B a a h h a a M M a a r r m m u u s s t t n n o o w w p p a a y y * G G a a m m i i n n g g g g i i a a n n t t s s a a y y s s i i t t o o n n l l y y e e m m p p l l o o y y e e d d m m o o r r e e a a t t t t o o r r n n e e y y s s t t h h a a n n B B a a h h a a M M a a r r d d u u r r i i n n g g t t h h r r e e e e o o f f 2 2 0 0 m m o o n n t t h h s s l l i i t t i i g g a a t t i i o o n n l l a a s s t t e e d d * S S c c o o t t i i a a b b a a n n k k a a n n d d B B a a h h a a M M a a r r s s t t i i l l l l f f i i g g h h t t i i n n g g t t o o c c o o m m e e t t o o l l o o a a n n r r e e s s o o l l u u t t i i o o n n By NEIL HARTNELL Tribune Business Editor Baha Mars decision to expand legal action against Harrahs Entertainment into high stakes litigation with enormous scope via a $289 million damages claim resulted in the collective $25 million legal costs incurred, its former partner in the $2.6 billion Cable Beach redevelopment alleging it employed fewer attorneys in 17 out of the 20 months they were before the courts. Responding to Baha Mars attempt to throw out an independent referees report rec Baha Mars high stakes caused $25m legal bill SEE page 4B Stephen Wrinkle By NEIL HARTNELL T ribune Business Editor T ourism can be the driv ing force to pull the Bahamas out of recessions m urky depths, the Ministry of Tourism has argued, after 2010 second quarter and halfyear arrivals increased by 12.3 per cent and 10.7 per cent r espectively year-over-year, with creative marketing and s trong partnerships needed to m aintain the momentum. The Ministry, in its market update for the period, said 2010 first half air arrivals were a head of 2009 comparatives b y 3 per cent, with sea arrivals u p by 13.8 per cent. Out of murky depths with 12.3% growth in arrivals SEE page 2B By NEIL HARTNELL T ribune Business Editor The liquidator for a former Bahamas-based broker/dealer that collapsed due to a $25 million trading hole is aiming to finalise all outstanding matters before the end of 2010, with some $9.134 million still to be returned to some 80 fiduciary clients. Anthony Kikivarakis, the Deloitte & Touche (Bahamas a ccountant and partner, said he had continued to act as t he court-supervised liquidator for Caledonia Corporate Management despite being instructed by the Supreme C ourts deputy registrar, Ernie Wallace, to stop working until a new judge was appointed to oversee the case and approve p ayment of fees owing to him. Tribune Business understands that a hearing has been scheduled before Justice Stephen Isaacs for next week, during which Mr Kikivarakis will seek an order allowing him tor etain a further 2.5 per cent of client assets roughly $1.675 million to meet the liquidations costs. Alleging that, with Caledonia insolvent, there was just a b alance of $40,000-$50,000 remaining in the clients security account to finance his work, the initial 2 per cent of client assets paid in virtually exhausted, Mr Kikivarakis said he had already foreshadowed my application to the court for ani ncrease of the 2 per cent to 4.5 per cent. T he 2.5 per cent difference will come from a further 8 per Year-end target for $25 million wind-up close n Some 80 Caledonia clients awaiting return of $9.134m n Liquidator still seeking court order to approve increase in client assets retained from 2% to 4.5% SEE page 3B By CHESTER ROBARDS Business Reporter crobards@tribunemedia.net The Governments decision to graduate companies from the Industries Encouragement Act and pay 10 per cent import duties has prompted one firm to increase prices by 3 per cent, with another in a fight to keep market share up against cheaper imported goods. A sign inside Blanco Bleach, observed by a Tribune staffer, said that in response to the Governments 2010-2011 Budget move, the company had increased the price of its bleach and other products by 3 per cent. No one at Blanco could be con tacted for comment. Bapak owner, Glen Rogers, Duty ends price rises SEE page 2B

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C M Y K C M Y K BUSINESS PAGE 2B, WEDNESDAY, SEPTEMBER 22, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM Drawing encouragement from the 3.2 per cent growth in 2010 second quarter stopover arrivals from the US, most of that growth coming in June, the Ministry of Tourism said the air visi tor increase took place at a greater pace in the three months to e nd-June, as opposed to the first quarter. This was despite US economic growth slowing in the 2010 second quarter. As for Canada, stopover arrivals to the Bahamas from that market increased by 22 per cent during the 2010 second quarter, most of that growth again coming later in the period during May and June. The percentage of stopover arrivals from Canada grew m ore in the second quarter 2010 than in the first quarter, despite the fact that the Canadian economy had slowed somewhat in the second quarter, the Ministry of Tourism said. The only market where 2010 second quarter air arrivals was down was Europe, which dropped by 5 per cent year-over-y ear. The increase in air arrivals to the destination in the first and s econd quarters of 2010 was due to a number of important factors such as the strengthening of the US economy, the strengthening of the Canadian economy, Spring-Break season, and the joint promotional efforts of the Bahamas Ministryo f Tourism, the Promotion Boards and the private sector, the Ministry of Tourism said. In 2010, the islands of the Bahamas, in conjunction with the private sector, launched a new campaign called Free Companion Air Fare. This campaign allowed visitors to the Bahamas to save big on flying into the destination and proved t o be very successful in generating interest in the islands. The F ree Companion Air Fare, which ran for most of the months in t he first half of 2010, greatly encouraged visitors to come to the destination. B reaking down the data by destination, the Ministry of Tourism said stopover arrivals to Nassau/Paradise Island were up by 8 per cent in the 2010 first quarter, and 3 per cent for thet hree months to end-June 2010. M eanwhile, Grand Bahama enjoyed something of a turnaround, reversing a 19.6 per cent fall in 2010 first quarter stopover arrivals with a 10 per cent increase in the second quarter. The dramatic upward shift in stopover arrivals to Grand Bahama came as a result of strategic repositioning of incoming resourcesm namely the re-routing of the BahamasC elebration from Nassau/Paradise Island to that island, the Ministry of Tourism said. The introduction of the Bahamas Celebration to the Grand Bahama itinerary on March 16, 2010, greatly influenced the increase in the stopover arrivals to the island in the second quarter 2010. Both the Discovery and the Bahamas Celebration b rought in a sizeable amount of stopover visitors to the island. A nd the Ministry of Tourism added: It is obvious that tourism can be the driving force to pull the Bahamas out of the current deep recession. The ingredients to success include cre-a tive marketing strategies, strong partnerships between the public sector (Ministry of Tourism (Promotion Boards, hoteliers, Development Boards recovering economies. The Bahamas has been through many recessions along with the rest of the world, and on each occasion, tourism has b een the driving force to pull the islands out of their murky d epths. Out of murky depths with 12.3% growth in arrivals FROM page 1B said yesterday that factors of product ion costs are mounting, and the now a bsent Industries Encouragement Act incentives have left it fighting to compete. The company manufactures packa ging and bottling supplies as well as water It has a negative effect on business, s aid Mr Rogers. Its very difficult with t he imports. It (Industries Encouragement Act) made it a little easier because we didnt have to pay duty on our raw materials, so it gave us more spread to lower prices and still make a profit. Now, he said, the changes have impact e d industriy negatively, as profits tank with increased costs. Mr Rogers told Tribune Business when the increases were announced that B apaks operating costs could increase by $200,000 per year under the new 10 per c ent duty rate, and that the companys p ricing structure could take a hit as the new tariff is implemented. He added that the cost of electricity in the Bahamas was also a major hindrance to industry, as those businesses pay the same rates as residential customers and t hree times that of competing manufact urers in the US. Mr Rogers lamented that the costs of manufacturing are so low, and the scale so big, in the US, thati s it almost impossible to compete with imports without special industrial concessions or industry incentives. Were competing with mainly imports f rom the US, he said. How many million people in Florida? When you tool up to make a certain product for a market, t he more you put out, the less each piece costs. Its expensive for us to buy equipment like they have in Florida, and all of t his hasnt been taken into consideration. They (Florida manufacturers m achines producing one million bottles of water per day. Here we can produce only 2,000 per hour. The Government needed to get mone y from somewhere and this (imports the area to get it from. Mr Rogers said water from the US can overrun the Bahamian market because the size of their production lowers the cost per bottle. Bapak produces only4 8,000 bottles per day a 95 per cent production disparity. Marketing officer for Aquapure, Ryan Knowles, told Tribune Business that the tariff changes have had a nominal effect on business this summer. However, he s aid the summer busy season might not s how the true loss that could be felt in the next few month when business slows. Mr Rogers said the Government has to f ocus on manufacturing in order to help the sector survive. Until they get serious about manufacturing, nothing is goingt o happen, he said. F ROM page 1B Duty ends price rises By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net FREEPORT The new trucking policy implemented on Monday by Mediterranean Shipping Company (MSC misunderstood by some truckers whof eared the company was attempting to impose a monopoly. Last week, several independent truckers and members of the opposition expressed concern over a notice sent by MSC to merchants, shipping agents and brokers in Freeport. PLP MPs Fred Mitchell and Alfred Sears claimed that the notice issued by MSC sought to control them ovement of containers at the port, and increase delivery charges from $120 to $295. They believed it was an attempt by the company to monopolise container movements in and out of the Freeport Container Port by giving exclusive rights to one trucking service. The new policy was expected to take effect on Monday. Kevin Bethel, of Bethels Trucking Company, said the notice he received from MSC only stated that there would be an increase in the Freeport destination charge, and it was going to include trucking. It did not say it was going to have exclusive rights, it did not say you could not pull a trailer. I dont know if they got a different letter than I got, he said. Mr Bethel said a lot of the truckers went off rumours and speculations instead of going directly to MSC. I did the sensible thing, which I thought they should have done, too, but they decided to make noise without going to the horses month, he said. When I got the email I went in and talked with the general manager (at MSC m e. What he explained had nothing to do what these guys making noise about. As far as I know they did not go and sit down and talk with MSC. They went on what rumours were out there: that (MSC was giving one trucking company all the business and that is not the case, because I have not been stopped and they are using me. G eorge Williams, of Freeport Transfer Company, thinks that independent truckers misunderstood the policy. MSC has been experiencing a lot of damage to their containers and they are trying to limit the amount of people that can truck their containers, he told The Tribune. There are a number of independent driversand they are doing a lot of d amage to the containers. The port is open to everybody and MSC is trying to regulate and limit the amount of people that can truck their containers. Mr Williams said MSC is not allowing just one company to move their containers. As far as I know, there are about five or six companies and certain individual truckers that can truck for their customers, he s aid. The Tribune attempted to contact MSCs office in Freeport, but its phone number was constantly busy. When we tried again after 5pm, an automated voice recording came on. Forrester Carroll, owner of Expert Customs Brokers, said MSC cannot dictate who will deliver the containers from the docks to clients premises. MSC cannot legally make this decision without the written or verbal agreement of each and every one of their clients affected individually, said Mr Carroll. A ccording to Mr Carroll, the terms of MSCs carriage contract for the cargo is dock to dock, which means that that the limited contract entered into with their clients only allows MSC to bring clients cargo from the docks at the port of origins to the dock here in Freeport or Nassau. The movement from the docks here in the Bahamas is another contract which t heir clients chose to give to one or other of the truckers, not MSC, Mr Carroll said. MSC can stipulate terms and conditions on truckers when handling their containers from the docks to the clients premises. This is a decision that only the client can make. The legal aspect was not dealt with in the statement. MPs Fred Mitchell and Alfred Sears said t he huge increase in delivery costs will have to be passed on to the consumers, further driving up the cost of doing business in Freeport and in Grand Bahama. Even if this huge increase could be justified, what it means is that the customer will no longer be able to choose who will move their goods out of the Container Port. MSC will have the exclusive right to choose w ho will move those goods and set the price. We are advised that MSC already discriminates against various truckers on the basis of personal considerations. MSC proposes to give only one trucking service the exclusive right to move those containers at a price which they will set. This is wrong and should not be allowed to stand, they said. MSC truck plan misunderstood

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BARBARA ORTUTAY, AP Technology Writer NEW YORK A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix thep roblem, as mysterious tweets" of blocked-out text p ropagated themselves and caused popup windows to open. Shortly before 10 a.m. (1400 GMT its "safety" feed on the sitet hat the attack had been shut down. It also said it does not believe that any user inform ation was compromised, r ather, the "vast majority" of t he breaches were pranks or p romotions. The hack had been extra n efarious because the tweets a ctivated without being clicked on it was enough f or Web surfers to move their mouse cursors over them. But it only affected visitors to Twitter.com. Various thirdparty programs used to send a nd read tweets, such as Tweetdeck, were unaffected. T he popups could, though didn't necessarily, contain malicious code that could take over poorly protected computers. The White House's o fficial Twitter feed foll owed by 1.8 million users w as among those affected, t hough the offending message was quickly taken down. Fittingly for Twitter, which l imits messages to just 140 c haracters, the virus may have b een among the shortest on record. According to security software maker F-Secure Corp., the shortest virus so far was just 22 characters long. Twitter said in a blog post it w as notified of the security breach at 5:54 a.m. The problem was caused by something called "cross-site scripting." This allowed users to run JavaScript programs on others' computers, turning tweetsd ifferent colors or causing the pop-up boxes to appear. S ome users, Twitter added, took things a step further and i ncluded code that got peop le's accounts to re-tweet the messages without their knowledge. It was like a massive snow b all fight that got out of control," said Ray Dickenson, c hief technology officer at computer security firm Authentium. But while the effects of Tuesday's mischief were very v isible such as the pop-ups and playful, Dickenson s aid that he was worried b ecause JavaScript can quietly do more malicious things, like sending people to sites that can infect computers. S ecurity breaches had been c ommon in Twitter's early days, but the company has s ince worked to beef up its vigilance and the problems have become less common.T uesday's hack coincided w ith Twitter's ongoing rollo ut of a redesign of its website, which tries to streamline users' Twitter feeds and make it easier to see photos and videos directly on the site, without having to click on a link to YouTube or Flickr. T witter said it discovered a nd fixed this problem last m onth, and that a recent site update unrelated to the redesign was responsible for its return. cent of Caledonia client assets that were placed in trust to act as a reserve pending the outcome of an investigation by Mr Kikivarakis into an unexplained $500,000 shortfall. His application for an extra 2.5 per cent is unlikely to please many Caledonia clients who are desperate to recover their remaining assets more than two years after the c ompany was placed into court-supervised liquidation. Alleging that he had been responsible for 500 Caledonia clients, including 220 fiduciary clients, Mr Kikivarakis said: My role has been two-fold since the liquidation began that o f a liquidator of an insolvent company and that of trustee of fiduciary assets, the properties of various trust beneficiaries.. The company has approximately $40,000 in cash, which I have allocated to pay the expenses of a former employee o f the company and the payment of a computer lease maintenance fees, instead of the costs of my agents and I,a lthough we have a first claim on these. Account Due to the clients security account being virtually exhausted, Mr Kikivarakis said he and his staff, plus attorn ey Alfred Sears of Sears & Co, had not been paid for the w ork done over the past 15 months. Y et he added: I am aware of the concerns of the trust beneficiaries to have the balance of the assets returned to them, and to this end I plan to approach the court before thee nd of 2010 to have all outstanding matters finalised. Mr Kikivarakis listed a variety of reasons for why he had been unable to return some 80 Caledonia clients assets, totalling $9.134 million, to them. Another 80 clients have received 90 per cent of their assets, worth $60.362 million, the remaining 10 per cent accounting for funds withheld to cover the liquidators costs. S ome 89 per cent of client assets had been returned, the liqu idator alleged. Caledonia collapsed into liquidation after suffering an almost-$25 million trading loss, which resulted when Jit-n ey, its Canadian correspondent broker, sold off assets to c over an overdrawn margin loan balance that was not col lateralised by the client who had created the 'hole' in question. That overdrawn balance was in an account operated nom i nally by a Ron Wyles, whose trading activities were directed by George Georgiou, a Canadian who has since been of securities fraud in. M uch of the fraudulent activity was allegedly directed from the Caledonia account. Jitney ended up selling off assets belonging to Caledonia clients other than Wyles/Georgiou because they were allp ooled in one omnibus account with it, with no segregation. T he duo had allegedly been engaged in short-selling, a highrisk trading strategy supposedly collateralised by so-called 'penny stocks', and incurred substantial losses that eventu a lly sunk Caledonia. C M Y K C M Y K B USINESS T HE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 3B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM 127,&( $OOPHPEHUVRIWKH3XEOLF :RUNHUV&RRSHUDWLYH&UHGLW 8 QLRQ/LPLWHGDQGWKHJHQHUDO SXEOLFDUHLQYLWHGWRDWWHQG D )5(( /(*$/6(0,1$5 VSRQVRUHGWKH(GXFD WLRQ&RPPLWWHHRIWKH3XEOLF :RUNHUV&RRSHUDWLYH&UHGLW 8QLRQ/LPLWHGWREHKHOGRQ )ULGD\6HSWHPEHU DWWKH%DKDPDV&RRSHUDWLYH /HDJXH/LPLWHG5XVVHOO5RDG 2DNHV)LHOGQH[WWR:HQG\Vf 3UHVHQWDWLRQVZLOOEHPDGHE\ fELH)HUJXVRQRQ/DERXU /DZDQG f&RQVWDQFH'HODQH\RQ &RPPHUFLDO/DZ 3ODQWRDWWHQGDQG EULQJDIULHQG 5HIUHVKPHQWVZLOOEHVHUYHG +LJK(QG&RPPHUFLDOHDO(VWDWH 0XOWL)DPLO\/RWIRUVDOH %HDXWLIXO:HVWULGJH(VWDWHRUWK 3DYHGRDGV %DQN)LQDQFLQJ$YDLODEOHb'RZQ 7 ) 2 5 6$/( Year-end target for $25 million wind-up close F ROM page one Twitter hack opens popups, causes havoc

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Vocational Institute (BTVI s ome three to four weeks ago. He added, though, that it a ttempted to address somet hing lacking in previous a greements made between the Government and major f oreign investors, namely the a bsence of any financial contribution by the developer to training Bahamian contractors and tradesmen to partic ipate in the projects cons truction. When were talking about concessions and negotiations,t his should be a natural course o f events, which up till now has not been the case, Mr Wrinkle told Tribune Business. Were pleased to have had an opportunity to present ap roposal that could hopefully b e a part of Baha Mar and any subsequent agreement w ith foreign direct investment o perators. One of the things weve found lacking was that there was no specified or mandatory funding require-m ent in any of the foreign direct investment agreements or Heads of Agreement. Wonderful Baha Mar represents a w onderful opportunity for the BCA and stakeholders to propose a project that could be used repetitively. We antici-p ate that it could be used as a template for future foreign direct investment projects. Mr Wrinkle again urged the G overnment to move forward w ith the passage of the Contractors Bill, as it would prov ide the foundation for licens ing and certifying all Bahami an contractors, and ensure they operated to globallyrecognised standards. H e described the Contrac tors Bill as a tremendous asset for the BCAs ini t iative, the project to ensure as many Bahamian workers and contractors participated in the potential Baha Mar construction as possible. Weve laid out a training programme for review, andw e have requested funding for it within the scope of the approvals process the Government approvals process for Baha Mar, Mr Wrinkle t old Tribune Business. We prepared a position p aper on it, submitted it to government and all the rele vant stakeholders, and put together a joint proposal from ourselves and BTVI to initiate s everal training programmes to prepare the maximum number of Bahamians to participate in the project. The BCA president added that while the training initiatives scope was initially confined to Nassau, if it was extended to the FamilyI slands the costs were set to i ncrease. We know we cant do the training without some fund ing, Mr Wrinkle added. Thep roposal we laid out was at a b are minimum $1.8 million over 18 months. That was pri marily based on everythingh appening in Nassau. If we e xtended it to include the F amily Islands, that number would grow. Its just a ques tion of how much funding would be available. The way the proposal is c urrently structured, we were targeting 1,000 tradesmen and 500 contractors. On the contractor front, Mr Wrinkle said the training e ffort was chiefly geared t owards the small building contractor with a labour crew of three to five individ uals. The goal was to get these contractors Trade or Divi sion certified, he explained, getting them specialised in a particular construction field. This, Mr Wrinkle said, would make them more attractive to foreign developers and contractors/project managers, as tenders issued for major FDI projects were broken down by trade. While waiting to see whether Baha Mar went ahead, Mr Wrinkle said the BCA and BTVI were still moving forward with plans for their education initiative, so that they would be in a go position and able to initi ate programmes immediately. Were trying to fine tune everything and get ducks in a row, so that when they pull the trigger, were ready to go, Mr Wrinkle told Tribune Business. C M Y K C M Y K BUSINESS PAGE 4B, WEDNESDAY, SEPTEMBER 22, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM THE COLLEGE OF THE BAHAMASVisit our website at www.cob.edu.bsCentr efor Continuing Education &Extension Ser vices Personal Development Course Of fering Advance Make-up-Application II Wednesday 29th September Wednesday 17th November 6:00 p.m. to 9:00 p.m. Cost $250.00 Quickbooks 2009 Tuesday 28th September Tuesday 2nd November 6:00 p.m. to 9:00 p.m. Cost $330.00 Interested persons are invited to apply to: The College of The Bahamas, Centre for Continuing Education and Extension Services by Friday 24th September. For further information, contact Ms. Antona Curry, Assistant Director, CEES, at Tel: 326-3316 or 325-5714. -XOLXV%DHU*URXSWKHOHDGLQJGHGLFDWHG:HDOWK 0 DQDJHPHQWLVVHHNLQJFDQGLGDWHVIRUWKHSRVLWLRQ5(/$7,216+,3$1$*(5 &25((63216,%,/,7,(6 $FTXLVLWLRQRIQHZFOLHQWVDQGVHUYLFLQJH[LVWLQJFOLHQW UHODWLRQVKLSVZLWKIRFXVRQ,WDOLDQVSHDNLQJPDUNHW3 URPRWH1DVVDXDVQDQFLDOFHQWUHDQG-%1DVVDX DVERRNLQJFHQWUHIRURIIVKRUHFOLHQWV 5 (48,5('.,//6 ( [FHOOHQW,WDOLDQYHUEDODQGZULWWHQFRPPXQLFDWLRQ VNLOO3&OLWHUDWHZLWKVWURQJ([FHO:3RZHU3RLQW DELOLW\WROHDUQQHZDSSOLFDWLRQVTXLFNO\f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t&RQHUVRQDOt&RQGHQWLDO +XPDQHVRXUFHV+XPDQHVRXUFHV 2FHDQ&HQWHURQWDJXH)RUHVKRUH3 (DVW%D\WUHHW1DVVDX%DKDPDV 3 1DVVDX%DKDPDV rights importance, especially since intellectual property rights protection was a key component to many of the trade agreements the Government was signing on to such as the World Trade Organization (WTOm ent (EPA Its very simple, Khaalis Rolle told T ribune Business. We are about to sign on to these agreements, and the complaint has been levelled before that were not serious in enforcing intellectual property rights obligations. H e described the alleged incident involvi ng the nine Bahamian straw vendors as symptomatic and just the beginning of the adjustments this country would have to make in respecting and enforcing intellectual property rights, adding: Thats the way the world is moving. W hen asked by Tribune Business whether the Bahamas had a poor track record on intellectual property rights enforcement, Winston Rolle replied: Absolutely. Evidence to support this assertion comes from the street corners inhabited by sellers of knock-off DVDs and CDs; the Bahamas previous regular appearance on the US Trade Representatives Special 301 reports and other copyright-related reports; and, yes, the Straw Market, where for many vendors the sale of counterfeit designer labels, handbags, wallets and j ewellery to tourists has become their principal source of revenues and profit. Given the regular trips many vendors allegedly make to M iami and New York to stock up on these counterfeit items, it i s surprising that none have been caught like this before. The nine arrests, and subsequent charges, are likely to have something of a chilling effect on Bahamian straw vendors travelling to the US to source knock-off and counterfeit items. It has long been thought that the Bahamian authorities are reluctant to tackle sellers of counterfeit goods, fearing accusa-t ions that they are preventing people from making a living, especially during a recession. Counterfeit However, among the negative consequences of counterfeit goods sales are the loss of tax revenue by the Government and associated public sector entities; the impact on legitimate businesses, such as movie theatres and music stores; and the factt hat the revenues from such sales have been used to finance organised crime and, even, terrorism. Winston Rolle told Tribune Business that the private sector needed to recognise just how important intellectual property rights, and their enforcement, were to their future conduct of business both in the Bahamas and internationally. Thats one of the things we need to be very mindful of, b ecause all businesses in the Bahamas need to look at not just how they conduct business locally, but internationally with global businesses, he explained. T he perception of lax intellectual property rights enforcement i n the Bahamas might impact the export of goods and services by Bahamian companies, the Chambers acting executive direc tor added. If the Bahamas signs on to a number of these trade agreements, its going to level the playing field, Winston Rolle said. Persons are going to have parameters in which to conductb usiness, and if theyre conducting business outside those parameters, theyre going to have to give that consideration. I know for a fact that when we sign on to these agreements there are certain regimes you have to put in place for moni t oring and enforcing these things. For the private sector, the major [issues] are going to be related to software development and software usage. Some of these things we have to t ake care of. While intellectual property rights enforcement would not require a major cultural change, Winston Rolle expressed con-c ern that the Bahamas would, typically, leave reform to the last minute. I think that whats going to happen, in typical fashion, is that w ere going to wait for the last minute as opposed to being proactive and saying, as we go into the New Year: In light of things pending to take place, what do we need to do, given what will happen in the future, Winston Rolle said. T he Chamber executive said educating the private sector on copyright and how it affected them was critical, adding: Even before we get to enforcement, we need to get to edu-c ation. We need to understand whats at stake, and only when we do that will we have appreciation of the need to protect rev enue and profit streams that currently exist. An IT specialist, Winston Rolle told Tribune Business that an ongoing concern for software developers such as Microsoft was whether companies were obtaining the necessary licences permitting them to use these products. While the majority of companies obtained these licences, others did not, and Winston Rolle said: One of the things that we have to get to grips with is that companies have estab lished operations based on doing it in an incorrect way, so when the time comes to doing it the correct way, they will see additional costs they have not factored into the business planning process. It also means that local software developers, or even Bahamian musicians, must properly register their intellectual property before someone else gets the idea and steals from you. It deals with how we conduct business with the interna tional community from an acquisition perspective, but also means we have to be concerned with protecting what we have. Copyright protections straw base FROM page 1B KHAALIS ROLLE $1.8 million template for constructions FDI involvement FROM page 1B ommending that it pay Harrahs, and its Caesars Bahamas Investment Corporation vehicle, $12.174 million to cover the latters legal costs, the gaming giant alleged before the New York State Supreme Court that its fees were reasonable in comparison to those paid by its former partner. This case was initiated as a relatively simple contract action involving a fourpage declaratory judgment complaint by Caesars Bahamas, Harrahs alleged in its motion. In response, Baha Mar served a 211-page paragraph answer containing six counterclaims and third-party claims. Among Baha Mars claims were causes of action for fraud and tort, and a request for specific performance of a $2.6 billion casino and resort project in the Bahamas. Baha Mars expert eventually alleged economic damages of at least $289 million. Drawing on the referees finding that it was required to spend enormous amounts of time responsively in relation to Baha Mars documents and witness testimony requests, Harrahs alleged: The enormous scope and high stakes of this litigation are independently demonstrated by the $12.6 million in legal fees and litigation costs incurred by Baha Mar. These fees and costs, which the special referee noted were undisputed, are higher than the $12.2 million in fees and costs b eing claimed by Caesars Bahamas. In response to Baha Mars unsupported assertion that Caesars Bahamas legal staffing levels were unnecessary, Caesars Bahamas introduced into evidence a chart comparing staffing levels of Baha Mars counsel and Caesars Bahamas. In all but three of the 20 months covered by the fee application, Baha Mars counsel employed t he same or higher numbers of staff than Caesars Bahamas counsel. The chart, which was attached to the Harrahs motion, showed that at the litigation peak in summer 2008, Baha Mars attorneys, Davis, Polk & Wardell, employed a maximum of 66 attorneys on the case in June 2008. Harrahs legal representatives, Latham & Watkins, hit their p eak in July 2008, with 59 attorneys. Harrahs said the special referee had also rejected Baha Mars objections to specific entries in its legal billing. Among the work the Cable Beach developer had identified as unnecessary was a motion to de-designate documents that Caesars Bahamas had allegedly compromised. In response, Harrahs said that after two c ourt hearings it withdrew its opposition to this Baha Mar motion, something that reduced legal fees for both sides. Moreover, Caesars Bahamas change in position came not as a result of gamesm anship, but after this court granted Caesars Bahamas a preliminary injunction prohibiting Baha Mar from filing a separate fraud action against Caesars Bahamas corporate parents in the Bahamas, Harrahs alleged. Baha Mar had sought the de-designation of testimony expressly to use in this separate fraud action. Thus, when Baha Mar was foreclosed from filing suit, Caesars B ahamas concerns about the use of deposition testimony was made moot, and it withdrew its opposition. Caesars Bahamas also withdrew an amended complaint against Baha Mar on the grounds that it would further escalate the dispute and potentially delay the ultimate resolution of the issues, leading to greater costs. F or its part, Baha Mar is alleging that there is insufficient evidence to support Caesars Bahamas claim that it is owed $12 million in legal fees. The Cable Beach developer, which is still working furiously to consummate its partnership with two Chinese state-owned entities so that the $2.6 billion project can proceed, alleged that the special referee h ad placed undue weight on its legal costs to help determine those of Caesars Bahamas. Baha Mars high stakes caused $25m legal bill FROM page 1B

PAGE 15

EDITH M. LEDERER, Associated Press Writer UNITED NATIONS Iran's president on Tuesday predicted the defeat of capitalism and blamed global big business for the suffering of millions, but Germany's chancellor said market economies were key to lifting the world's least developed countries out of poverty, according to AssociatedPress The clash of visions at the U.N. anti-poverty summit drew a line under the stark differences on easing the misery of the one billion people living on less than $1.25 a day. More than 140 presidents, prime ministers and kings are attending the three-day summit which started Monday to assess and spur on achievement of U.N. targets set by world leaders in 2000. The plan called for an intensive global campaign to ease poverty, diseaseand inequalities between rich and poor by 2015. Iranian President Mahmoud Ahmadinejad, however, never mentioned the Millennium Development Goals in his speech to the 192-member General Assembly. Instead, he took aim at capitalism and called for the overhaul of "undemocratic and unjust" global decision-making bodies, which are dominatedby the United States and other Western powers. While Ahmadinejad didn't single out any country, he said world leaders, thinkers and global reform-ers should "spare no effort" to make practical plans for a new world order reform of international economic and political institutions. "It is my firm belief that in the new millennium, we need to revert to the divine mindset...based on the justice-seek-i ng nature of mankind, and on the monotheistic world view...," the Iranian leader said in a brief speech intertwining philosophyand religion with the current state of the world. "Now that the discriminatory order of cap italism and the hegemonic approaches are facing defeat." A hmadinejad proposed that the United Nations name the coming 10 years "the decade for the joint global governance." Soon afterward, German Chancellor Angela Merkel, the world's fourth-largest economic power, took an opposite tack, likely speaking for the rest of the capitalist world. Stressing that "the primary responsibility for development lies with the governments of the developing countries," she said the key to economic pros perity was good governance and a flourishing capitalist economy. "The countries themselves must promote the development of a market economy...for without self-sustaining economic growth developing countries will find the road out of poverty and hunger too steep to travel," Merkel said. The German leader said international assistance can't substitute for domestic resources, warned that "development aid cannot continue indefinitely" and declared that "support for good governance is as important as aid itself." U.N. Secretary-General Ban Ki-moon has said the world is "on track" to cut extreme poverty by half, the No. 1 goal, though some critics say it's mainly because of the big strides in China and India. Many recent reports show that the world's poorest countries, especially in sub-Saharan Africa, have made little progress in eradicating poverty. And in Africa, Asia and Latin America there also has been a lack of progress in meeting other key goals: reducing mother and child deaths, increasing the number of peo ple with access to basic sanita tion, and promoting women's e quality. Ban is expected to launch a new initiative Wednesday to spur action on improving the lot of women and children. In his speech, Ahmadinejad did not mention Iran's nuclear program or the four rounds of U.N. Security Council sanctions over Tehran's refusal to prove it is not trying to build a nuclear weapon. Iran claims it is only working on nuclear power to generate electricity. The subject may be raised again Thursday when the Gen eral Assembly's annual ministerial meeting begins. Russian Foreign Minister Sergey Lavrov raised the sanc tions issue in his speech, saying U.N. sanctions were not intended to harm ordinary civilians. He voiced "serious concern" at additional sanctions imposed by individual countries. The criticism appeared aimed at the United States, the European Union, Australia, Canada, Japan and South Korea, all of whom have imposed their own much tougher sanctions on Tehran. "We are convinced that such practice contradicts the efforts to achieve the MDGs and must be brought to an end," Lavrov said, using the initials of the Millennium Development Goals. To counter these threats, Lavrov said Russia was ready to help with information and communication technology "to bridge the gap between the developed and developing countries and as a result to promote global development." President Ellen Johnson Sirleaf of Liberia, one of the world's poorest nations that has made progress because of the goals, said Africa "still has far to go" but if efforts are intensified "we will, ultimately, achieve them." "My message is this: As we renew our resolve in 2010, we must recognize the need for inclusive economic growth. We need rapid, stable, and sustained growth that creates jobs, especially for youth and in sectors that benefit the poor, and expands opportunities for women," she said. Pakistan's Foreign Minister Shah Mahmood Qureshi said until a few years ago his country was on track to achieve a number of the MDGs, but the fight against terrorism and the recent unprecedented flooding "have changed almost everything." C M Y K C M Y K I NTERNATIONAL BUSINESS T HE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 5B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM ATLANTIC MEDICAL INSURANCE CO.LTD. Atlantic House,2nd Terrace & Collins Avenue,P.O.Box SS-5915,Nassau Tel.326-8191 Suite 5,Jasmine Corporate Center,East Sunrise Highway,P.O.Box F-42655,Freeport Tel.351-3960A member of Colonial Group International:Insurance,Health,Pensions,LifeHealth insurance premiums have continued to rise,so we are all more sensitive to the levels of cover and service a health plan provides. Feeling good about choosing Premier Health for your business,is knowing your employees receive more service and cover for your premium dollar.Premier Health delivers state-of-the-art administration and claims support to work for your business too.Less hassle on service,care and price issues means more focus on doing what you and your team do best.Call 326-8191 or visit www.cgigroup.bm Colonial Group International is rated A-(Excellentby AM Best. Premier HealthIt feels good to choose a health plan that takes care of my business,my team and me. Premiums have not been controlled by cutting benefits and coverage for catastrophic illnesses Premium increases have on average been lower than the market rate Ahmadinejad blames capitalism for poverty (AP Photo/Aaron Jackson SPEAKINGOUT: Iranian President Mahmoud Ahmadinejad speaks at a summit on the Millennium Development Goals at United Nations headquarters on Tuesday, Sept. 21, 2010. P ROTEST: A yton Eller, right, of Brooklyn, holds an Israeli flag in front of the United Nations to protest Iranian President Mahmoud Ahmadinejads visit. INTERNATIONAL BUSINESS

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C M Y K C M Y K INTERNATIONAL BUSINESS PAGE 6B, WEDNESDAY, SEPTEMBER 22, 2010 THE TRIBUNE TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM A look at economic developments and activi ty in major stock markets around the world Tuesday: ___ DUBLIN Ireland sold euro1.5 billion ($2 billion) in government bonds in a closely watched test of whether international investors would keep buying Irish treasuries despite the country's deficit, the biggest in debt-burdened Europe. Analysts called the auction a success, noting it attracted bids 5.1 times the amount of bonds on offer. Together with solid bond auctions in Spain and Greece, the sale offered markets reassurance for the moment that Ireland and other indebted countries were getting some relief from short-term market pressures. But analysts cautioned that Ireland had to pay higher-than-expected interest rates compared to previous bond auctions, reflecting investors' fear of an eventual Irish default. And the higher rates could be an additional financial burden in coming years. Shares in Europe dipped. The FTSE 100 index of leading British shares closed down 0.5 percent, Germany's DAX fell 0.3 percent andthe CAC-40 in France ended 0.1 percent lower. ___ TOKYO Asian trading was mixed. Japan's Nikkei 225 stock average surrendered early gains to close down 0.3 percent as the country returned from a Monday holiday. Hong Kong's Hang Seng rose 0.1 percent, the Shanghai Composite Index inched up 0.1 percent and Australia's S&P/ASX 200 dropped 0.3 percent. ___ MILAN Unicredit CEO Alessandro Profumo was battling for his job after losing support from a key shareholder, in what some say is turning into a political battle for control of Italy's largest bank. Profumo was seen leaving the bank's Milan headquarters ahead of an emergency board meeting in the evening, and analysts say he may announce his resignation. "The bank is officially denying reports of a resignation," spokeswoman Paola Di Raimondo said before the meeting was set to begin. A Unicredit Group foundation, which counts members of the right-wing Northern League party on the board, have expressed reservations about Libya's growing role as a shareholder, bringing what has been for weeks a media-fueled confrontation to a boardroom showdown. __ LONDON Britain's public sector borrowing soared to 15.9 billion pounds ($24.7 billion) in August, a record for the month and well above analysts' estimates. ___ ATHENS, Greece About 2,500 protesting truck drivers, carrying Greek flags and shouting "shame" and "thieves," marched to parliament on the ninth day of demonstrations against planned labor market reforms. The new rules will eventually affect a number of other professional groups, including pharmacists and civil engineers. Greece has promised to reform its labor mark et as part of austerity measures agreed in return for euro110 billion ($144 billion cue loans from European countries and the International Monetary Fund. ___ VATICAN CITY Italian authorities seized euro23 million ($30.18 million Vatican bank account and said they have begun investigating top officials of the Vatican bank in connection with a money laundering probe. The Vatican said it was "perplexed and surprised" by the investigation. Italian financial police seized the money as a precaution and prosecutors placed the Vatican bank's director general and its chairman under investigation for alleged mistakes linked to violations of Italy's anti-laundering laws, news reports said. ___ KUALA LUMPUR, Malaysia Malaysia has set an ambitious target of luring $444 billion of investments over the next decade to become a developed nation by 2020, but some analysts warned the plans are unrealistic and may be hampered by a long-standing affirmative action policy that favors the ethnic Malay majority. ___ AMSTERDAM The Netherlands' queen and the outgoing prime minister presented an austere annual budget that cuts spending on health care, immigrants, and government workers a foretaste of more far-reaching cuts likely to come under the conservative Cabinet now being formed. ___ SINGAPORE Global airlines have rebounded faster than expected from the recession after losing nearly $26 billion over 2008 and 2009, the industry association said, raising its profit forecast for this year. ___ KUALA LUMPUR, Malaysia Malaysia is studying the possibility of letting its currency trade freely overseas, officials said while play ing down the prospect of immediate changes. N EW YORK Oil prices fell on Tuesday as traders worried whether demand for energy products will strengthen as the U.S. economy continues to strug gle, a ccording to Associated Press B enchmark oil lost $1.34 to settle at $73.52 a barrel on the last trading day for the Octo ber contract on the New York Mercantile Exchange. Many traders moved to the November contract, where the price fell $1.22 to settle at $74.97 a barrel. Analysts said oil traders were more concerned with selling futures contracts before they expired than Tuesday's Federal Reserve meeting. While Fed policymakers said they were pre pared to provide additional support for the economy, they did not announce any specific stimulus programs. "I think the market was really just under pressure all day because today is the October crude contract expi ration," said Tom Bentz, ana lyst at BNP Paribas Commodity Futures in New York. "I don't really see the connection to the Fed's statement." Although the Federal Reserve's actions are important, the record oversupply of oil and gas is "really starting to weigh on people's minds," said Michael Lynch, president of energy consulting firm Strategic Energy & Economic Research in Winchester, Massachusetts. The Energy Department will release its latest inventory data on Wednesday. They are expected to show crude oil stocks down 1.5 million bar rels and gasoline stocks unchanged for the week end ing Sept. 17, according to ana lysts surveyed by Platts, the energy information arm of McGraw-Hill Cos. In other Nymex trading in October energy contracts, heating oil fell 1.95 cents to settle at $2.1199 a gallon, gasoline lost 3 cents to settle at $1.9196 a gallon and natur al gas gained 9.7 cents to settle at $3.919 per 1,000 cubic feet. In London, Brent crude fell 94 cents to settle at $78.42a barrel on the ICE Futures exchange. STEPHEN BERNARD, AP Business Writer NEW YORK S tocks and bonds rose T uesday after the Federal Reserve said it was ready to provide more help to the economy if necessary. The Fed didn't announce new purchases of government d ebt or other specific measures to help the economy now, but it did leave the door open to such steps in the future, as investors were hoping. The central bank said that i nflation remains below lev els that indicate a healthy economy, and that it was ready to act to provide "addi tional accomodation" to sup p ort the recovery, if needed. T hat could mean more purchases of Treasury bonds or other debt, which would keep interest rates low. Stocks had been trading lower ahead of the Fed's announcement but turned higher in afternoon trading shortly after the centralb ank's statement was released. The Dow Jones industrial average rose 44.50 points, or0 .4 percent, to 10,798.12 in late afternoon trading. It was trading slightly lower for most o f the day before the Fed's announcement came out. Broader indexes had more modest advances. The Standard & Poor's 500 index rose 1.27, or 0.1 percent, to1 ,143.98, while the Nasdaq c omposite rose 1.97, or 0.1 p ercent, to 2,357.80. The gains extended a threew eek rally that has defied expectations that stocks would slump in September,w hich is historically a weak m onth for stocks. The Dow i s up 7.9 percent so far this month, and broader indexes a re up even more. The S&P is up 9.1 percent, the Nasdaq 11.6 percent. Treasurys rose after the Fed's announcement, sending interest rates lower. T he yield on the 10-year T reasury note fell sharply to 2 .60 percent from 2.70 percent the day before. Its price jumped 90.6 cents to $100.18. The yield is a common b enchmark for setting interest rates on corporate debt and mortgages. n SEE STORYONPAGE 7 GLOBAL ECONOMIC DEVELOPMENTS T HE ASSOCIATED PRESS Stocks climb as the Fed leaves door open for stimulus K EEPINGFOCUS: I n this photograph taken Sept. 20, 2010, trader Gregg Maloney looks at his s creens while working on the floor of the New York Stock Exchange, in New York. D a v i d G o l d m a n / A P P h o t o INTERNATIONAL BUSINESS Oil dr ops as traders worry about demand

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JEANNINE AVERSA, AP Economics Writer WASHINGTON The Federal Reserve signaled Tuesday that it is worried about the weakness of the recovery and is ready to take further steps to boost the U.S. economy if needed, according to Associated Press Fed officials said they are also concerned that sluggish economic growth could prevent prices from rising at a healthy rate. But at the end of its meeting, the Fed announced no new steps to try to rejuvenate the economy and drive down unemployment. Instead, it hinted that it's prepared to see if the economy can heal on its own. Stock prices, which had been relatively flat before the Fed's statement, fluctuated before returning to about the same lev-e l in late-afternoon trading. The meeting is the last for the Fed's chief policymaking group before the Nov. 2 midterm elections. It comes as voters are focused on the economy and the jobs crisis. Polls show they are likely to punish Democrats in Washington for the sluggish economy. In its statement, the Fed used the same language it did in August to sketch a downbeat view of the economy. It concluded that economic activity has slowed in recent months. And it warned that the pace of growth is likely to be "modest in the near term" almost identical to the assessment it made a month ago. But the Fed delivered a stronger signal that it would take new steps to lift the economy. The Fed said it is "pre pared to provide additional accommodation." In its previous policy statements, the Fed didn't go that far. Instead, it had said it would "employ its policy tools as necessary." The Fed made clear that giv en the economy's weakness, it's more concerned about pricesf alling than rising. It didn't use the word deflation. But some economists have raised fears about the country sliding into a deflationary spiral. That's a widespread drop in wages, prices of goods and services and the value of stocks and homes. "They are more worried a bout the economy and deflation than I thought they would be," said Sung Won Sohn, an economist at the Martin Smith School of Business at California State University. For the sixth straight meet ing, Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, was the sole dissenter. At Tuesday's meeting, the Fed once again left a key shortterm rate near zero, where it has been since December 2008. It also repeated a pledge to hold rates at those ultra-low levels for an "extended period." If the economy keeps losing momentum, the Fed will be likelier to provide relief at its next meeting on Nov. 2-3 or at its last regularly scheduled session of the year on Dec. 14. Debt Chairman Ben Bernanke last month indicated a preference to launch a new program to buy large amounts of government debt. Such a move would be intended to lower already low rates on mortgages, corporate loans and other debt. The goal is to entice people and businesses to spend more, and thereby strengthen the economy and lower unemployment. In economic circles, it's known as "quantitative easing." That's when the Fed takes unconventional steps, as it did during the financial crisis, toi nject money into the econo my. The Fed does this to lower long-term interest rates and help banks lend more. As a result, the Fed's balance sheet has ballooned to $2.3 trillion, nearly triple its level before the crisis. Even if the Fed were to do t hat, economists don't think it would be enough to increase economic growth much. Already low long-term rates haven't managed to get Amer icans to spend much more. Both companies and individuals have been cautious as they rebuild their finances and pare debt. Still, even with no guarantee that reducing long-term rates would stimulate the economy, the Fed can't risk its credibility by standing idly if things worse n. Businesses and investors could lose faith in the Fed and the economy and be less inclined to spend. That would further weaken the economy. At its last meeting in August, the Fed took a small step to aid the recovery: It decided to use proceeds from its huge mortg age portfolio and buy government debt. The small amount involved helped nudge down mortgage rates. But it would take a bigger buying binge to push rates down further. Sohn predicted the Fed would start expanding its bal-a nce sheet before the end of the year. "Even though they are not taking any action now, they have left the door open for additional action through buying Treasury bonds and mortgage-backed securities," he said. E conomic growth slowed in the second quarter, advancing at a pace of just 1.6 percent, compared with 3.7 percent growth in the first three months o f the year. Growth in the JulySeptember period is expected to be similarly weak. That raises the likelihood that the unemployment rate, already high at 9.6 percent, could climb even higher in the months ahead. That would be an alarming development for the Obama a dministration, which is already at risk of losing control of the House or Senate or both. Republicans and Democrats agree there's little the president and the Democratic Party can do to change voters' attitudes with so little time left beforeN ov. 2. Obama acknowledged the economic hardships many Americans are enduring, saying Monday: "If you're out of work right now, the only thing that you're going to be hearing is, when do I get a job? If you're about to l ose your home, all you're thinking about is, when can I get my home?" C M Y K C M Y K INTERNATIONAL BUSINESS T HE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 7B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM /(*$/,&( ,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV$FW /($&2&.$1$*(0(17/,0,7('1RWLFHLVKHUHE\JLYHQLQDFFRUGDQFHZLWK6HFWLRQ RI WKH ,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV RIWKH'LVVROXWLRQRI /($&2&. 0$1$*(0(17/,0,7(' KDVEHHQFRPSOHWHG D &HUWLFDWHRI'LVVROXWLRQKDVEHHQLVVXHGDQGWKH &RPSDQ\KDVWKHUHIRUHEHHQVWUXFNRIWKH5HJLVWHU 7KHGDWHRIFRPSOHWLRQRIWKHGLVVROXWLRQZDVWKHWKGD\RI'HFHPEHU 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.261.00AML Foods Limited1.011.010.000.2500.0404.03.96% 10.759.67Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 6.184.50Bank of Bahamas4.904.900.000.5980.2608.25.31% 0 .580.18Benchmark0.180.180.00-0.8770.000N/M0.00% 3.493.15Bahamas Waste3.153.150.000.1680.09018.82.86% 2.152.14Fidelity Bank2.172.170.000.0160.040135.61.84% 12.509.62Cable Bahamas10.7710.770.001001.2120.3108.92.88% 2.842.50Colina Holdings2.502.500.000.7810.0403.21.60% 7.005.40Commonwealth Bank (S1)6.286.280.000.4220.23014.93.66% 3.651.63Consolidated Water BDRs1.821.830.010.1110.05216.52.84% 2.551.60Doctor's Hospital1.901.900.000.1990.1109.55.79% 6.995.94Famguard6.076.070.00-0.0030.240N/M3.95% 10.208.50Finco8.508.500.000.2870.52029.66.12% 11.408.77FirstCaribbean Bank9.749.740.00370.6450.35015.13.59% 5.513.75Focol (S)5.465.460.000.3660.17014.93.11% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.00ICD Utilities5.595.590.000.0120.240465.84.29% 10.509.92J. S. Johnson9.929.920.000.8830.64011.26.45% 10.0010.00Premier Real Estate10.0010.000.000.3550.80028.28.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 100.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk-Hi 52wk-Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%30 May 2013 20 November 2029T UESDAY, 21 SEPTEMBER 2010BISX ALL SHARE INDEX: CLOSE 1,500.52 | CHG 0.01 | %CHG 0.00 | YTD -64.86 | YTD % -4.14BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W W W.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-232019 October 2022 Prime + 1.75% Prime + 1.75% 6.95%BISX LISTED & TRADED SECURITIES AS OF:7% Interest 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas Supermarkets5.016.0114.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.450.550.550.0020.000261.900.00% 52wk-Hi52wk-LowFund NameNAVYTD%Last 12 Months %NAV 3MTH 1.49041.4005CFAL Bond Fund1.49043.59%6.42%1.475244 2.92652.8266CFAL MSI Preferred Fund2.91150.85%0.23%2.926483 1.55291.4920CFAL Money Market Fund1.55293.02%4.36%1.533976 3.20252.8522Royal Fidelity Bahamas G & I Fund2.8624-8.16%-7.49% 13.638813.0484Royal Fidelity Prime Income Fund13.42860.46%2.40% 109.3929101.6693CFAL Global Bond Fund109.39295.20%7.60%107.570620 105.779593.1998CFAL Global Equity Fund100.1833-1.52%3.56%105.779543 1.12231.0000FG Financial Preferred Income Fund1.12723.43%5.28% 1.09171.0000FG Financial Growth Fund1.09482.51%6.10% 1.11981.0000FG Financial Diversified Fund1.12753.37%5.64% 9.59559.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.59552.71%5.96% 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.3734-3.69%3.38% 10.00009.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 39.1708-8.29%-8.29% 7.96644.8105Royal Fidelity Int'l Fund Equities Sub Fund7.5827-1.74%11.58% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeksBid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeksAsk $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volumeLast Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volumeWeekly Vol. Trading volume of the prior week Change Change in closing price from day to dayEPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded todayNAV Net Asset Value DIV $ Dividends per share paid in the last 12 monthsN/MNot Meaningful P/E Closing price divided by the last 12 month earningsFINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200731-Jul-10 31-Aug-10 103.987340 101.725415 30-Jun-10 31-Aug-10 NAV 6MTH 1.452500 2.906205 1.518097TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752531-Jul-10 30-Jun-10 31-Aug-10 10-Sep-10 31-Aug-10MARKET TERMS31-Aug-10 31-Aug-10CFAL Securities Ltd. (Over-The-Counter Securities)31-Aug-10BISX Listed Mutual FundsNAV Date 31-Jul-10 31-Aug-10 -UXTWaUMV\ 7XXWZ\]VQ\a$ZHOOHVWDEOLVKHG/DZ)LUPZLVKHV WRHPSOR\FRPSHWHQW$WWRUQH\ LQWKHDUHDRI/LWLJDWLRQ7KHLGHDO FDQGLGDWHVKRXOG H[SHULHQFHDQGSRVVHVVD WKRURXJKZRUNLQJNQRZOHGJH LQ&RPPHUFLDO/LWLJDWLRQZLWK WKHDELOLW\WRGUDIWGRFXPHQWVDQG SOHDGLQJV :RUNLQJNQRZOHGJHRIFROOHFWLRQ DQGHQIRUFHPHQWRIMXGJPHQWV DVLWUHODWHVWRFUHGLWIDFLOLWLHV 3RVVHVVH[FHSWLRQDOLQWHUSHUVRQDO DQGFRPPXQLFDWLRQVVNLOOV ,VURFLHQWLQLFURVRIWIFH 6XLWHDSSOLFDWLRQV 3RVVHVVHVWKHDELOLW\WRZRUN XQGHUSUHVVXUHDQGSHUIRUPDVD WHDPSOD\HU $SSOLFDWLRQVWRJHWKHUZLWK &XUULFXOXPLWDH'LSORPDV &HUWLFDWHVDQGHIHUHQFHVVKRXOG EHVHQWWR $WWRUQH\ 3 1DVVDX%DKDPDV A comparison of the Federal Reserve's statements from its last meeting on Aug. 10 and the meeting Tuesday. TREASURY SECURITIES August: The Fed said it would purchase Treasury bonds with the proceeds from its maturing holdings of mortgage-backed securities issued by Fannie Mae and Freddie Mac. The Fed said the action would keep steady the level of support it was providing to the economy. September: The Fed says it will continue its policy of reinvesting the proceeds from its securities holdings and says it is prepared "to provide additional accommodation if needed" to support the recovery and keep prices stable. RECOVERY SPEED August: "The pace of recovery in output and employment has slowed in recent months." September: "The pace of recovery in output and employment has slowed in recent months." INFLATION August: "Measures of underlying inflation have trended lower in recent quarters and ... inflation is likely to be subdued for some time." September: "Inflation is likely to remain subdued for some time before rising to levels the committee considers consistent with its mandate." INTEREST RATES August: Leaves federal funds rate target unchanged at a record low of zero to 0.25 percent, where it has been since December 2008, and repeats pledge to keep rates "exceptionally low" for "an extended period." September: Leaves federal funds rate target unchanged and once again repeats pledge to keep rates "exceptionally low" for "an extend ed period." ECONOMIC CONDITIONS August: "Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth and tight credit." September: "Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth and tight credit." HOUSING August: "Housing starts remain at a depressed level." September: "Housing starts are at a depressed level." DISSENT: August: Kansas City Federal Reserve Bank President Thomas Hoenig dissents for a fifth consecutive meeting, arguing that the pledge to keep rates low for an extended period is no longer warranted because it could lead to a build-up of future imbalances. He also reg isters his dissent at the decision to prevent the size of the Fed's holdings of longer-term securities from shrinking. September: Hoenig dissents for a sixth consecutive meeting, object ing both to the pledge to keep interest rates low and the reinvestment of the proceeds from the Fed's holdings of mortgage-backed securities. BREAKINGNEWS: Two television networks, seen in the Goldman Sachs cubicle on the floor of the New York Stock Exchange, broadcast the news that the Federal Reserve had left ratesu nchanged in their final meeting before the mid-term elections, Tuesday, Sept. 21, 2010, in New York. Fed signals it will take further steps if needed TESTIMONY: In a Thursday, Sept. 2, 2010 photo, Federal Reserve Chairman Ben Bernanke testifies o n Capitol Hill in Washington before the Financial Crisis Inquiry Commission. AUGUS T SEPTEMBER STATEMENTS FEDERAL R ESERVE A P P h o t o / M a n u e l B a l c e C e n e t a F i l e H e n n y R a y A b r a m s / A P P h o t o

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C M Y K C M Y K TASTE THE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 9B TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM T h e T r i b u n e Flash Back BY ROLAND ROSE Local Sporting Activities D avid Albury Airbourne on Lake Cunningham Left to right; Simion Humes, Fred (ChickenPapa Dick Lockhart, Eddy Ford, Rusevelt (DogSpoon Some of the Bahamas Professional Baseball Players, Major and Minor Leagues in the USA. Rugby Match at Malcolms Park Go Kart Club racing around Ft Charlotte By ALESHA CADET Tribune Features Writer T HE Bahamas Culinary team walked away with a gold medal, being e dged out in points by only B arbados and Trinidad and T obago, at the recent 3 day Taste of the Caribbean Culi nary Classics at the Rio Mar Wyndham Grand Resort in P uerto Rico. The event was hosted and judged by the Caribbean Hotel and Tourism Association. Proving that our chefs are the elite of the regions culinary teams, the Bahamas was recognised as one of the top finalists in the region. We are extremely proud of our team, the way in which they competed, the high quality of their food and beverage, and how well they represented their country and their hotels said Frank Comito, Executive Vice President of the Bahamas Hotel Association and DeAnne Gib son, Manager for Culinary Tourism for the Ministry of Tourism and Aviation. Both organisations sponsored the team in cooperation with the College of The Bahamas and the Bahamas Culinary Association. Executive Sous Chef Emmanuelle Gibson from the One and Only Ocean Club captured an individual silver medal in the overall chefsc ompetition, and finished third overa ll out of 33 chefs vying in that cate gory. The other members from the team finishing in the top twelve and capturing bronze medals included: Richmond Fowler from the Lyford Cay Club and Clement Williams from Kerzner International. Eldred Saunders, Chef Instructor from the College of The Bahamas, received a bronze medal in the Pastry Chef category, coming fourth in the region. Wilfred Sands from the Lyford Cay Club received a bronze medal in the bartender category and Wendy Miller an apprentice chef with Kerzner International was awarded a bronze medal for her achievement. This years competition also included a category for Junior Chef. Competing in international com petition for the first time as an alter n ate and member of the team was G ia Wilson, from the Sheraton Cable Beach Resort, who played a pivotal role during team preparation throughout the event. Team Manager Chef Devin Johnson from the Sheraton, who worked closely with the team over the past several months commented on the teams performance: The judges were impressed with our teamwork, our sense of organisation, our professionalism, and the way in which we blended a variety of foods and spices to create dishes which were international but clearly identified with The Bahamas and the region. Chef Devin Johnson told Tribune Taste : I think the team learned from their mistakes, this is the first time the Bahamas came out on top gold. It was minor things in the indi vidual competition which really cost o ur points to drop. And for a rookie t eam we did exceptionally well," he said. Mr Johnson added that it was easy for the team to adapt when they got there because of the intense training they did in the Bahamas. The training process they did in the Bahamas helped them excel in the competition," he said. He added: "Definitely next year in Miami, the Bahamas looks to take the whole show, which will be a first for the country." The Taste of the Caribbean competition is sponsored by the Caribbean Hotel and Tourism Association. The Bahamas teams participation was made possible thanks to the support of BHA, the Ministry of Tourism, the Bahamas Culinary Association and the College of The Bahamas and team members hotels. T heir participation was also made p ossible thanks to the generous sup port of Bahamas Food Services and the tremendous support from the Lyford Cay Club which hosted a gala fundraising dinner. Bahamas Culinary Team excels at regional competition J ust a few images of what, we the Bahamas, looked like 40...50...60 years in the past. GOLD STANDARD : Team Bahamas ready to go for gold pictured from Left to right: Clement Williams an executive sous chef at the Atlantis Resort and Casino. Richmond Fowler the Lyford Cay Club, Wilfred Sands Bartender, Lyford Cay Club, Devin Johnson team manager, professional chef and lecturer, and executive chef Sheraton Nassau Beach Resort, Eldred Saunders Pastry Chef, lecturer at the Culinary Arts Department of the College of the Bahamas. Emmanuel Gibson executive sous chef 3 at the One and Only Ocean Club, Wendy MillerJunior chef completing her final year as an apprentice chef with Kerzner Atlantis Resort and Casino. Gia Wilson Junior Chef, Head Chef Sheraton Nassau Beach Resort.

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B y BRENT STUBBS S enior Sports Reporter bstubbs@tribunemedia.net H e wasnt as fortunate to get the call toT riple-A, but Albert C artwright advanced a step below in Double-A with the Houston Astros affiliated Corpus Christi Hooks in the T exas League. Back home for a weeks break, Cartwright said he was happy withg etting as far as he did this year. I had my ups and downs, but it was a good year, Cartwright said. Fortunately, I clicked at the right time so I could get the call up to Double-A. So it was a good year for me. Cartwright, who turns 23 on Octo b er 31, was drafted by the Astros in the 36th round of the 2007 Major League Draft. He started out with Greenville of the Appalachian League where he played through 2008. Last year, he got called up to the L exington Legends. A fter playing the beginning of the s eason with the Lancaster Jethawks, he was then promoted to Double-A with the Hooks. I n his 35 games with CC, Cartwright a veraged .229 as he went 32-for-140 with 15 runs scored. He also drove in seven runs, walked 11 times, struck o ut 39 times and stole seven bases. T he 5-foot-10, 180-pound second b aseman said based on his perform ance this year, he has to focus a lot more on getting on base. Hopefully if I can do that, it will get me into the big league (Majors he projected. But you also always n eed to work on your defense, if you w ant to get better. But as long as I can put the bunts d own, get on base, I should be able to look forward to a good year. W ith his season completed since S eptember 6 after the Hooks failed to advance to the playoffs in the Texas S outh Division where they finished in last place at 27-43, Cartwright said hes looking forward to the off season. Im just glad that I didnt have any i njuries, he said. Eventually when I get back to Florida, I will be working o ut in the gym and taking some g round balls so that I can be ready for spring training. Spring training wont come until either March or April, but Cartwright s aid he doesnt intend to play Winter B aseball. However, if the opportunity presents itself, Cartwright said he will g ladly play. Cartwright, a product of Freedom F arm, who came out of Polk Com munity College when he got scouted, i s one of two Bahamians in the Major L eague pipeline. H e is joined by Antoan Richards on, an outfielder who was called up to play in the Atlanta Braves Triple-A G winnett Braves team in the Southern L eague. When asked how he felt about R ichardsons achievement, Cartwright noted: He did what he had to do to open up some eyes so he could climb up the ladder. But hes pretty much the same type o f player as me. He pretty much has to bunt, get on base and do all that kind o f good stuff so he could set the table f or others. Cartwright, however, said the inevitable is coming. Either Richardson or him or both of them will one d ay crack the Major League ranks. You pretty much just have to go out there and play baseball, C artwright said. Once you do that, you allow the team and the manageC M Y K C M Y K WEDNESDAY, SEPTEMBER 22, 2010 THETRIBUNE PAGE 13 PAGES 10 & 11 International sports news TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM US Ambassador to The Bahamas Nicole A Avant, in co-ordination with Special Olympics Bahamas, are all set to host a celebration in honour of Eunice Kennedy Shriver Day (ESK in recognition of her commitment to improving the lives of millions of people with intellectual disabilities. Prime Minister Hubert Ingraham is expected to issue an official procla mation marking September 25 as 2010 Eunice Kennedy Shriver (EKS across the nation. In addition, Eunice Shrivers grand daughters Eunice and Francesca will represent the Kennedy-Shriver family at the event. The goals of Avants event are to raise awareness about Special Olympics Bahamas work and encourage all those who call the beautiful Bahamas their home to commit Eunice Kennedy Shriver in her hon our. Representatives from Best Buddies International a global volunteer organisation that creates opportuni ties for one-to-one friendships, inte grated employment and leadership development for people with intellectual and developmental disabili ties are also expected to attend the event. The Bahamas EKS Day event is slated to be held at Ambassador Avants Liberty Overlook residence 10am to 1pm September 25. Guests will include more than 150 Special Olympic athletes, coaches, Special Olympic Bahamas volunteers and supporters, Special Olympics family members, US Embassy volunteers and representatives from a number of ministries, including Educa tion, Health and Youth, Sports & Culture. The three-hour event is set to begin with a formal opening to include remarks by Avant, Minister of Youth, Sports & Culture Charles Maynard and Basil Christie, national chairman of Special Olympics. US ambassador Special Olympics to mark Eunice Kennedy Shriver Day T T R R A A C C K K T T H H O O M M A A S S S S E E C C O O N N D D DONALD Thomas and Hiromi Takahari both cleared 2.24 metres in them ens high jump Sunday at the Super Track and F ield Meet in Kawasaki, J apan. But the Japanese was declared the winner on fewer knockdowns. T homas, the only Bahamian to compete in t he meet, had to settle for s econd as he prepares for the Commonwealth G ames in New Delhi, India, next month. Third place went to Victor Ninov of Bulgaria with a jump of 2.21m. T T E E N N N N I I S S R R O O L L L L E E E E L L I I M M I I N N A A T T E E D D IN preparation for the C ommonwealth Games n ext month in New Delhi, India, Marvin Rolle com peted at the Costa Mesa i n California where he lost in the second round of the qualifying tournament to A merican Connor Farren 3-6, 6-4, 6-0. V V O O L L L L E E Y Y B B A A L L L L G G S S S S S S A A S S C C H H E E D D U U L L E E THE Government Sec o ndary Schools Sports Association (GSSSA scheduled to kick off its2 010 calendar year with volleyball on Monday. The GSSSA is expected to feature eight teams -G overnment High, C I Gibson, Doris Johnson, C C Sweeting, C R Walker, R M Bailey, C V Bethel and Anatol Rodgers in the senior boys and seniorg irls divisions. T he junior boys and girls will also comprise of eight teams C H Reeves,D W Davis, L W Young, A F Adderley, S C McPherson, H O Nash,A natol Rodgers and T A T hompson. When the season opens on Monday, the seniorsa re expected to play every day at the D W Davis and C I Gibson Gymnasiums, starting at 4pm. The juniors are also expected to begin on Monday and play everyday with games at the R M Bailey and Thelma Gibson Primary outdoor courts. T T R R A A C C K K H H E E A A L L T T H H W W A A L L K K A A T T H H O O N N THE Four Js Enterprise is slated to hold the Imagine to Reality Health Walk-A-Thon 6am Saturday, September 25, starting from Fort Charlotte. The walk will take run ners along West Bay Street to Goodmans Bay and east along Bay Street back to the finish line at Fort Charlotte. The public is invited. For more information, persons can call 394-8626. SPORTS IN BRIEF B y BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net SPORTING the new samples of the Funky Franks fashion line, members of theo rganising committee are gearing up for the first Frank Hanna October (Harvest F estival. The festival, scheduled for the weekend of October 28-31 in Morgans Bluff, North A ndros, is being named in honour of businessman Frank Hanna, the proclaimed Major of North Andros. Dwain Wallace, assistant general manager of sales and marketing at the Broadcasti ng Corporation of the Bahamas, said they are delighted to be partnering with a number of local businesses to put on the event, which will include a number of activities: Good Morning Bahamas show and Immediate Response (Family Island Fridays) Gospel entertainment by Minister Dwight Armbrister and Ecclesia Gospel Cultural entertainment by Elon Moxey, Geno D, Therez Hepburn and others Wild hog tying and hunt ing Sunfish sailing Three-on-three basketball tournament with the winner receiving a $1,000 cash prize Round Robin Hood Beach Volleyball Tournament Sunday morning Breakfast Bowl where everybody is encouraged to bring their own bowl and eat all they can. The sponsors for the festival are Bahamas Ferries, Western Air, BAIC, Scotiabank Bahamas, Burns House, Ministry of Tourisms North Andros Office, North Andros Local Government/Administration and Robin Hood. Or ganiser s g et in gear for first Frank Hanna festival IN LIVING COLOUR: THE first Frank Hanna Festival was launched yesterday with colourful clothes worn by some members of the organising committee. Shown above is Mr Hanna (center Photo by Tim Clarke /Tribune staff S S E E E E p p a a g g e e 1 1 2 2 S S E E E E p p a a g g e e 1 1 2 2 Albert has good year with Double-A call up B B A A S S E E B B A A L L L L A CARTWRIGHT Heat moves m ight leave d eep impact on fantasy game... See page 10

PAGE 23

T HE third annual Tom The Bird Grant Pre-Invitat ional High School Volleyball Tournament is expected to get underway today at the Kendal Isaacs Gymnasium. The tournament has nine b oys and eight girls teams e ntered. They will play out o f two pools each with the top performers in the recent tournaments taking the top seeded positions. In the boys division, the C C Sweeting Cobras, the w inners of the Government Secondary Schools Sports Association, will be the top seed in pool one. P ool two will have Mt C armel, the champions of the Small Schools Sports Association, as the top seed.T he defending boys champions is Teleos ChristianS chool. C C Sweeting, Mt Carmel and Teleos will make up this years boys field along with the C V Bethel Stingrays, St Johns Giants, Kingsway Academy Saints, C I Gibson Rattlers, Doris JohnsonM ystic Marlins and Jordan Prince Williams Falcons. On the girls side, C C Sweeting, who won the GSSSA title last year, will be the top seed in one pool. T he top seed in the other p ool is Teleos, champions of the Small Schools Associa tion. C C Sweeting is also the defending champions of the tournament. CC Sweeting a nd Teleos will play in the g irls segment of the tournament along with C V Bethel, C C Sweeting, St Johns, T eleos, Kingsway Academy, Mt Carmel, C I Gibson and Doris Johnson. L egendary Tom The B ird Grant, a sporting icon particularly in volleyball and track and field, said they arev ery excited about the teams that have entered to participate this year. Im exciting that the competition will be of a very high level, Grant pointed out. All of the teams have i ndicated that they are excit ed about the tournament and they are eager to start p laying. In addition to presenting awards to the winningt eams, Grant said they have added an incentive that they hope will encourage thep layers to take their game to a higher level. We want to give our awards to the setters,G rant said. We want to encourage the players to learn to set the ball a little more. So we will be looking for the best setters in the tournament. All games during the tournament will be played over two sets. The games will be decided at point 19. But if there is a tie, they will cap off at 21. The teams with the best win-loss records as the tournament is contested each day will advance to the championship that is slated to be played on Saturday. C M Y K C M Y K LOCAL SPORTS PAGE 12, WEDNESDAY, SEPTEMBER 22, 2010 TRIBUNE SPORTS TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM During a press conference yesterday at Bahamas Ferries, representatives from the various sponsors were on hand to endorse the festival. B B a a h h a a m m a a s s F F e e r r r r i i e e s s Darnell Fraser, sales and marketing manager, said they are pleased to be a part of the sponsorship team. Bahamas Ferries will offer some very favourable packages that would include hotel and tour packages that would appeal to a wide cross-section of persons, so we are encour aging families to turn out in large numbers, Fraser said. On the Saturday of the fes tival weekend, Fraser said Bahamas Ferries will be offering a One-Day Sail Away for those persons who just want to stop over and come right back home. W W e e s s t t e e r r n n A A i i r r Ricardo Wilson, customer service manager at Western Air, said they are pleased to be the official airline for the festival. As a good corporate citizen, we are pleased to support this event, which is designed to uplift the econo my of the island, Wilson stressed. We also want to show our support to Frank Hanna for all that he has done for North Andros. All Androsians and Bahamians at large are invited to attend the event. S S c c o o t t i i a a b b a a n n k k Leah Davis, senior manager of products, marketing and public relations, said as the first commercial bank to be located in the North Andros Community more than 10 years ago, they are excited to continue to work hand-inhand with the people on the island. This is a very exciting time for the community and we will be celebrating with the Androsians during these tough economic times, Davis stated. Davis said while she has never visited Andros, she is hoping to take advantage of the opportunity to finally get to the island known as The Big Yard. R R o o b b i i n n H H o o o o d d Sandy Schaefer, president of Robin Hood, said while they will be sponsoring the festival, they will be offering a number of other specials for North Andros. We will be bringing with us 100 care packages of food, which will consist of meat, poultry, products, grocery for 100 needy families that maybe suffering during these difficult economic times, he said. Persons in North Andros will also be invited to purchase some of the specials that Robin Hood will be putting on at that time and for the free shipping on the Bahamas Fast Ferries. Interested persons are invit ed to call 676-800 for more details. Additionally, Schaefer said they intend to provide some cash incentives for the Round Robin Hood Beach Volleyball Tournament. B B A A I I C C Alphonso Smith, repre senting BAIC, said they are more than pleased to be a part of the festival that could not have come at a better time than at Harvest Time. Instead of importing fruits and vegetables to the Bahamas, they can buy just about anything at the Frank Hanna Festival, Smith said. People in Andros are very excited because Frank Han na is a great Androsian. He is All-Bahamian and he has taken over my name as the Major of North Andros. He deserves it. N N o o r r t t h h A A n n d d r r o o s s D D i i s s t t r r i i c c t t Brian Cleare, chief coun selor for the North Andros district, said the Local Government had a town meeting and they are also looking at the possibility of naming one of their main streets after Hanna during the festival. Cleare said they have been working feverishly to get the sporting facilities, including the basketball court and the regatta site, in tip-top shape. I dont know if its because we are naming this event after Frank Hanna, or they are excited because of the finan cial spin-off that they are expecting from this, he said. Whatever the reason, North Andros is very ready and excited about this festival. M M i i n n i i s s t t r r y y o o f f T T o o u u r r i i s s m m Benjamin Pratt, senior manager for the Andros Tourism Office, said the Ministry of Tourism views it as a promotion for the domestic venue in the Bahamas because of its close proximity to New Providence with more flights, less expensive and the nations most natural resources and the hospitality of the people. We look forward to welcoming all of the people in New Providence and the oth er parts of the Bahamas, he said. ment to do the rest. We both know that all we have to do is play up to our full potential and once we do that, the success to the next level will eventually come. If they do, they will join five other Bahamians who have already played in the Majors. They were Ed Armbrister and the late Wilfred Culmer, Tony Curry, Wenty Ford and Andre Rodgers. Albert has a good year with Double-A call up F F R R O O M M p p a a g g e e 1 1 3 3 CHILDREN from the city of Freeport have been introduced to the sport of tennisv ia summer tennis camps, lessons and clinics courtesy of the Munroe Tennis Academy for the past three years. Now, 15 students from the Academy are all set to travel to West Palm Beach, Florida,t o participate in the 2nd A nnual LaVaughn Munroe Tennis Tournament during the weekend of October 8-12. In recognition of the Academys contributions, the Grand Bahama Port Author i ty made a recent cheque donation to assist with the g roups travelling expenses. GBPA is pleased by your efforts as you use tennis as a primary motivator to create programmes which teach posi tive, rewarding lessons, build c onfidence and provide a f ramework of personal discipline for the children of the Grand Bahama community,s aid vice-president of GBPA Ginger Moxey, as she commended the Academys rep-r esentatives. E xtending well-wishes to the Munroe Tennis Academy and its players as they prep are for international compe tition, she further reflected on the similar goals of both theiro rganisations. Your programme seeks to provide our children with greater exposure to new skills and experiences. This likewise underscores our mission, to better the lives of residentso f the Grand Bahama com munity, Ms Moxey added. Accepting on behalf of the Academy was coach BJ M unroe. We cant say thank you enough for the contribution t he Port is making towards our programme. This dona tion will assist with the fundi ng of transportation costs associated with the athletes. Munroe Tennis Academyo ffers more than just tennis it teaches life skills, leadership development and serves as a mentorship programme for our youth on Grand B ahama Island, Mr Munroe said. Member LaVaughn Munroe, a for m er Bahamas Davis Cup team member, made it his personal duty to create opportunities to expose the children of Grand Bahama to the g ame of tennis. LaVaughn Munroe died last year and since that timeh is family has been working together to fulfill his dream of exposing tennis to as manyy oung Grand Bahamians as possible. In the Academy, children are grouped according to their ability within their age group and many kids are h oning their skills and love for the game each time they hit the court. G BPA said it would like to encourage the citizens of Grand Bahama to do theirp art to keep much needed programmes like the Munroe Tennis Academy going. GBPA donates cheque to Munroe Tennis Academy Tom The Bird Grant volleyball tournament starts today INSIGHT For stories behind news, read Insight Mondays PLANS were announced yesterday for the first Frank Hanna Festival in North Andros next month. Sponsors and committee members are shown above. Photo by Tim Clarke /Tribune staff Organisers get in gear for first Frank Hanna festival F F R R O O M M p p a a g g e e 1 1 3 3 CHEQUE PRESENTATION: GBPA vice-president Ginger Moxey (centre, left B J Munroe, Munroe Tennis Academy coach (centre, right an athletes scheduled to compete in the 2nd Annual LaVaughn Munroe Tennis Tournament in West Palm Beach, Florida.




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Pim bowin’ it

84F
78F

SUN, TSTORM
POSSIBLE

Volume: 106 No.252

HIGH
LOW



By ALISON LOWE
Tribune Staff Reporter
j alowe@tribunemedia.net

STRAW market vendors
charged in a New York court after
allegedly being caught with knock-
off luxury goods were swooped
on by law enforcement officials
following a six-months long inves-
tigation that saw them subject to
secret surveillance in the city,
court documents have revealed.

Federal agents working for the
US Department of Homeland
Security, Immigration and Cus-
toms and Enforcement allegedly
watched the nine straw vendors
as they shopped for counterfeit
items around the city on two sep-











HURRICANE INSURANCE

Ye
Away

The Tribune

USA TODAY.

BAHAMAS EDITION

arate occasions in May and just
prior to their arrest at JFK air-
port over the weekend.

In a criminal complaint filed in
US District Court, a Special Agent
of the US Department of Home-
land Security, Immigration and
Customs and Enforcement
describes how four of the nine
straw vendors — Roshanda Rolle,
Gayle Rolle, Marva Ferguson and
Marvette Ferguson — came to New
York City in May, met with
wholesale retailers in the city in
various locations and handed over
wads of cash in return for “bulky
black garbage bags” full of items
which they took back to their

SEE page eight

www.tribune242.com



WEDNESDAY, SEPTEMBER 22, 2010 PRICE-75¢ (Abaco and Grand Bahama $1.25)









Tim Clarke/Tribune staff

Straw vendors charged in US

could face three years in prison

By ALISON LOWE
Tribune Staff Reporter
alowe@tribunemedia.net

NINE straw vendors charged in the US
could each face more than three years in
prison, The Tribune has learned.

Roshanda Rolle, Gayle Rolle, Marva Fer-
guson, Marvette Ferguson, Patricia Hanna,
Shamone Thompson, Margaret Pierre, Judy
Duncombe and Tracy Davis have all admit-
ted to knowing that the goods they pur-

chased were counterfeit and/or illegal, and
that buying the bags and other fake luxury
items was the reason they came to New York
City in September, according to court docu-
ments.

Each of the women — bar one who was
able to meet her bond requirements on Mon-
day — is now being held at the Metropolitan
Correctional Centre, a remand centre in
downtown Manhattan.

SEE page eight



STUDENT STABBED
IN BACK AFTER
SCHOOL ARGUMENT

A GOVERNMENT High
School student was stabbed
in the back following an argu-
ment with students from his
school.

The incident occurred
shortly before 4 pm on Robin-
son Road, in the area of Ken-
tucky Fried Chicken, howev-
er police could not confirm
any further details.

Yesterday’s stabbing is the
first report of student violence
for this week following last
week which saw three sepa-
rate incidents, the most seri-
ous of which was the shooting
of 13-year-old eighth grader
Rashad Rolle. Rashad, who
is still recovering in hospital
this week, was shot in the
head by what police believe
to be a “stray bullet” while at
a bus stop at John Road off
Baillou Hill Road.

The young student’s shoot-
ing, and the stabbing of two

SEE page nine

‘IRREGULARITIES’
AT TEACHERS UNION
POLLING STATIONS

By AVA TURNQUEST
Tribune Staff Reporter
aturnquest@tribunemedia.net

CONCERNS over the num-
ber of irregularities at Bahamas
Union of Teachers (BUT)
polling stations across the coun-
try were raised last night,
according to sources close to
the election process.

The irregularities were said
to be one of the reasons why
officials toiled late into the
night over the count that would
determine new leadership of
the BUT.

With an overwhelming desire
to restore professionalism,
teamwork and integrity to their
4,000 member strong union,
teachers across the country vot-
ed for new leadership of the
Bahamas Union of Teachers
last night.

Attributes that many mem-
bers claimed was lost in the
controversy surrounding the
union at all levels— the out-
break of sexual misconduct

SEE page eight

School suspensions quadruple in three years

Blown
urricane

By A

Or you can rest easy knowing

By NOELLE NICOLLS
Tribune Staff Reporter
nnicolls@tribunemedia.net

THE rate of suspensions in schools has
almost quadrupled in the past three years —
up to a rate of five per day, in some cases,
according to youth workers, who say the
school system has more problems than
administrators are willing to admit.

The Hope Centre Ministries operates a
suspension programme in Oakes Field. In
its first year of operation it received 67 sus-
pended students; last year the number
jumped to 257.

suspended students. In the past, they have
seen 15 students in one day, according to
Pastor Carlos Reid.

“The kids we get here on suspension,
they know if they fight they are going to get
a suspension, but why do they still fight?
We have taught them that it is a sign of
weakness when you say you have a prob-
lem that you can’t solve yourself. In most
cases we push people further in their dilem-
ma,” said Pastor Reid.

“There is no regard for authority. In
most cases the schools are ill equipped to
deal with a lot of the situations occurring in
our schools right now. All of this could be

people? In most cases you are doing the
young people a favour by giving them a
suspension,” said Pastor Reid.

Troy Clarke, president of the National
Leadership, Esteem, Ability, Discipline
(LEAD) Institute, estimates at least five
to 10 students are sent home from some
schools on a daily basis, sometimes for
“minor infractions”, like uniform offences.

The LEAD Cadet Corps is currently in
D.W. Davis Jr., Doris Johnson High, and
Government High Schools. Seventy-five
male students, who were identified by
school counsellors, participate in their Life

that you have excellent insurance
coverage no matter which
way the wind blows.

With the new school year just two weeks
underway, the centre has already seen 10

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attributed to why the grade point average is
so low. What is discipline to these young

SEE page eight

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PAGE 2, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE

LOCAL NEWS



Felipé Major/Tribune staff

YOU’RE WELCOME: Police Sergeant 2091 Rolle and Corporal 2552 Pratt take time to greet Dudley
Cooper, a tailor who has been living in Burial Ground Corner since 1934. Officers from the Fire Services

Department yesterday installed a smoke detector at Mr Cooper’s home.

Smoke detectors fitted in homes
of elderly and young families

Exercise starts
with Dudley
Cooper, 88

By REUBEN SHEARER
Tribune Staff Reporter
rshearer@tribunemedia.net

OFFICERS from the Fire
Services Department dis-
tributed and helped install
smoke detectors in homes
throughout several commu-
nities in New Providence
yesterday, beginning with
the home of 88-year-old
Dudley Cooper on Burial
Ground Corner in Bain
Town.

The exercise, led by direc-
tor of Fire Services Supt Jef-
fery Deleveaux, also cov-
ered the areas of Englerston,
Nassau Village and the
Kemp Road community. In
total, 80 devices were dis-
tributed to disenfranchised
families and elderly persons.

The initiative is something
the Fire Services Depart-
ment conducts each year as
part of Fire Safety Aware-
ness Week, said press officer
Sergeant Chrislyn Skippings.

The operation targets
those who are unable to
afford the smoke detectors
and those who may be at
risk, especially the elderly
and young families, police
said.

Bahamas Welding and
Fire donated 80 First Alert
BRK smoke alarms to the
Fire Services Department.
John Ferguson, manager of
that company’s fire services
section, said: “It is extreme-
ly important for every
household to utilise its pro-
tection.”

To determine which per-
sons would receive the
smoke detectors, police used
the results of a recent sur-



Felipé Major/Tribune staff

SAFE AS HOUSES: Mr. Dudley Cooper looks on as Tyson Issacs
from Bahamas Welding and Fire installs a new smoke detector as part

of the Fire Safety Awareness Week,

vey conducted in local com-
munities.

The Fire Services Depart-
ment will be conducting a
similar exercise in Long
Island next week, said Mr
Ferguson.

Smoke alarms are rare fix-
tures in the homes of most
Bahamians, said Chief Fire
Officer Inspector Norman
Bain.

“We recommend that you
purchase a simple smoke
detector with a volt battery.
All smoke detector brands
are effective once installed
properly,” he said.

Inspector Bain said when

installing a smoke detector,
ensure that it is fastened on
the ceiling, at least 18 inches
from the wall.

“We generally want to
encourage the population to
be safety conscious in elimi-
nating hazards that may con-
tribute to fires starting,” he
said.

“We want persons to be
extra cautious in avoiding
starting fires.

“During the summer peri-
od we have a lot of rubbish
fires that are started by per-
sons clearing trash, and we
want to warn persons
against this.”

Airport tests response plan in
full-scale aircraft emergency drill

THE Nassau Airport
Development Company
(NAD) yesterday evening
conducted a full-scale sim-
ulated aircraft crash at the
Lynden Pindling Interna-
tional Airport.

NAD officials partnered
with the relevant stakehold-
ers, including the Royal
Bahamas Police Force, Roy-
al Bahamas Defence Force,

Civil Aviation Department,
National Emergency Man-
agement Agency (NEMA),
Emergency Medical Ser-
vices (EMS), Airport
Authority, MED Evac,
Bahamasair, Bahamas Red
Cross Society and Doctors
Hospital for the drill.

The exercise included
volunteers serving as “pas-
sengers” at the crash scene.

MAIN/SPORTS SECTION

Local News
Editorial/Letters

CLASSIFIED SECTION 28 PAGES

USA TODAY MAIN/SPORTS 12 PAGES



Fire trucks, ambulances,
police cars and other vehi-
cles were a part of the actu-
al drill.

NAD’s director of opera-
tions Deborah Coleby said
the drill is a part of the air-
port’s preparedness strate-

y.

“This is a focused activity
that allows us to test the air-
port’s emergency response
plan in real time. We are
partnering with all of the rel-
evant agencies at LPIA to
determine the effectiveness
of our emergency response
procedures, similarly, they
will have the opportunity to
test their plans as well.

“Our goal is to put our
resources to the test, learn
and improve upon any
shortcomings that we might
have, ensuring that in the
event of a real emergency
we are fully prepared to
respond,” she said.

NAD conducted a simi-
lar full-scale emergency
exercise in September
2008. This year’s event,
dubbed “Operation Sunset”,
was scheduled during the
evening to test response
times after dark.
THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 3



LOCAL NEWS

Court hears of ‘blatant
disregard for human life’

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

A MURDER trial opened in the
Supreme Court yesterday to ascertain
whether Kevin Hart fatally shot
Kendall Braynen in January 2003.

Prosecutor Basil Cumberbatch told
Justice Jon Isaacs’ court how Mr Bray-
nan, 38, was shot while standing in
Rupert Dean Lane at around 6.30pm
on January 11.

He alleged that Hart approached Mr
Braynen from behind and shot him in
the neck, killing him.

“The events are a blatant disregard
for public safety and human life,” Mr
Cumberbatch said.

Police Constable Julian Butler told
the court he was first on the scene as he
had been alerted by the Police Con-
trol Room while on patrol with the
mobile division at around 6.40pm on
the day of the shooting.

Search reports AGG) eRe waa

ho sightings of
missing diver

THERE WAS no news up
to press time on Drexel
Clarke, a diver reported miss-
ing Saturday night after a boat
he was on capsized south of
New Providence.

Search craft from the Roy-
al Bahamas Defence Force
and the Bahamas Air and Sea
Rescue Association reported
no sightings.

According to family mem-
bers, Mr Clarke and two oth-
er men were said to have "run
into problems" with the 32-
foot boat around 2pm south
of New Providence on Satur-
day.

With New Providence in
sight, the three men report-
edly started swimming to
shore when Mr Clarke, said
to be a certified diver, turned
around for reasons unknown.

Before the boat capsized,
he was said to be wearing a
life vest and diver’s fins.

The two men were able to
swim to shore unharmed,
according to reports from the
Elizabeth Estates Police Sta-
tion on Saturday night.

The first RBDF patrol
craft was immediately dis-
patched to the area. Since
then two additional craft were
deployed to assist with the
search.

An RBODF aircraft
deployed on Sunday led to
the discovery of the capsized
boat seven to nine miles south
of New Providence.

In addition to the RBDF
search patrol, an aircraft from
the Bahamas Air and Sea
Rescue Association flew 200
square miles with no sightings
on Sunday.

Dominica airport
welcomes night
operations for
first time

ROSEAU, Dominica

STEPPING TO IT: Bahamian Rick Fox, right, and his partner
Cheryl Burke perform on the celebrity dance competition show,
‘Dancing with the Stars’ on Monday in Los Angeles. Actor and for-
mer Lakers star Fox - the current favourite to win -
against other celebrities on ABC’s hit show, including actress
Jennifer Grey, singer Brandy and Disney Channel star Kyle Massey.

UPGRADES at an air-
port on the tiny Caribbean
island of Dominica mean
planes can take off and
land by night for the first
time, according to Associ-
ated Press.

Aviation Minister Ray-
burn Blackmore says he
expects a boost to tourism.

For now, only small air-
craft will be allowed to
land at the Melville Hall
airport until 10 p.m.

The head of the
Dominica Air and Sea
Port Authority says he
expects the airport will
receive clearance for larg-
er aircraft within the next
six months.

Benoit Bardouille says
the European Union,
Venezuela and the local
government paid for more
than $100 million in air-
port upgrades.

Officials say a Wind-
ward Islands Airways
plane landed there late
Monday.

Murder trial over death
in 2003 gets underway

He found Mr Braynen lying face
down in the road on the east side of
Rupert Dean Lane, off Poinciana Dri-
ve.

He said a crowd had gathered
around the lifeless body dressed in a
red T-shirt and black short pants.

“There was a small wound on the
right side of his neck,” PC Butler said.

An ambulance soon arrived at the
scene and was followed by two inspec-
tors, and then two detectives from the
Central Detective Unit (CDU), PC
Butler said.

Crime scene investigator Detective
Corporal Marvin Cargill was the first
witness to take the stand yesterday as
he took photographs of the apparent

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murder scene which were distributed to
the jury, attorneys and Justice Jon
Isaacs as evidence.

DC Cargill said he also took blood
samples from the road and went to the
Princess Margaret Hospital laboratory
on January 13 to speak to the forensic
pathologist.

He also viewed the autopsy and col-
lected post-mortem samples to take to
the police forensic lab for analysis on
January 15. Hart is represented by
defence lawyer Murrio Ducille in the
murder trial.

Although proceedings had been
scheduled to open on Monday, the
matter was adjourned to yesterday at
the prosecutor’s request.

















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Post office cash returned
after arrest, conviction

THE arrest of a man seen acting suspiciously near the
Administrative Office in Governor’s Harbour, Eleuthera
led to a swift conviction and the return of cash stolen
from the community’s post office.

Local police say when they came upon the man at
around 4am on Sunday, he fled — causing the officers to
chase him.

After catching up with the suspect, they confiscated
cash and electrical equipment.

The next morning, at around 9am, the police received
a report that the Governors Harbour Post Office had
been broken into and that cash was stolen.

Just after noon that day, 30-year-old Donald Sands of
Governor’s Harbour, Eleuthera appeared before the local
magistrate and pleaded guilty of shop-breaking, stealing
and receiving. He was sentenced to three years in prison
on each count. The terms are to run concurrently.

¢ JUST after midnight on Tuesday, police rushed to Lily
of the Valley Corner off Market Street after witnesses
reported a shooting.

The responding officers were told a gunman entered a
home on the street and fired shots at another man, hitting
him in the left arm.

The victim was rushed by ambulance to hospital, where
he is reported to be in stable condition.

Police are investigating this matter.

¢ AT AROUND 3am on Tuesday, officers of the
Northeastern Division got a tip that led them to a home
on Mackey Street.

The officers came upon two men asleep inside a blue
Buick Century.

After searching the men, the officers confiscated a
handgun and ammunition.

The men, ages 21 and 22, both of Mackey Street, were
taken into custody for questioning.

An hour and a half later, officers from the same division
executed a search warrant on a home in Winders Terrace
off Kemp Road, where they discovered a quantity of
marijuana.

Two men, ages 38 and 29, were taken in for questioning
in connection with the find.

Police investigations into both incidents continue.

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PAGE 4, WEDNESDAY, SEPTEMBER 22, 2010

EDITORIAL/LETTERS TO THE EDITOR

THE TRIBUNE





The Tribune Limited

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

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

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

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

Publisher/Editor 1972-

Published Daily Monday to Saturday

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

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

WEBSITE
www.tribune242.com — updated daily at 2pm

Can't justify Straw Market’s counterfeit trade

MANY Tribune readers were shocked at
the attitude of straw vendors Tuesday on
learning that nine of their own were arrest-
ed in New York and charged with allegedly
purchasing counterfeit designer goods for
resale in the Bay Street market.

The cry of the locals seemed a plea to
the Bahamas government to question the
authority of US law enforcement to snatch
their life’s bread from their tables.

Although many vendors are aware that
they are trading in counterfeit goods, they
seem to think they have a right to do so.
There is no apparent awareness — despite
many warnings — that such a trade is against
the law and that there are serious penalties
for law breakers.

The president of the Straw Business Per-
sons Society, a reverend no less, went so far
as to tell our reporter that unless someone
can provide a means for Bahamian vendors
to get the counterfeit designer bags without
risking getting caught by US authorities
“things are going to get rough” for vendors
and their families.

Let us suppose that someone did find a
means to get these illegal goods onto their
shelves, don’t they know that they could be
arrested by local police for doing so? It is
only because our police have not been as
aggressive as they should have been about
enforcing the law that the incident in New
York took place this week.

The US government has accused Bahami-
an police officers of being “complicit” in the
straw market’s counterfeit trade. The
Bahamas’ enforcement laws, it said, are “lax”
when it comes to protecting intellectual
property rights. Tired of dealing with a coun-
try of “lax” laws, US authorities decided
to enforce the law themselves — especially
when it is broken on their own territory.

"I would feel sorry for the Bahamas if we
have to stop selling these bags,” the Soci-
ety’s president told our reporter. “It will
affect the vendors and it will affect The
Bahamas. These bags are generating a lot of
funds. The whole economy will feel it. The
tourists come and they have to go to the
ATM to purchase these bags. I guarantee
you they wouldn't go to the ATM to buy a
straw bag.

"If you look at the straw bags, you would
be surprised to know how long they were
hanging there. The knock off move quickly.






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So if you are looking to put food on the
table that's what you do."

Does this argument justify breaking the
law? If so then why arrest the little thief in
the night who breaks into your home
because he too has to put food on his table?

True it is stealing of a different kind of
property, but it is still stealing.

It is probably the same argument used by
the pirates when Woodes Rodgers — on pain
of the noose — tried to restore legitimate
commerce to these islands.

Our reporter walked through the “world
famous straw market” on Tuesday to find
that “virtually every stall sells at least some
fake designer goods, and many of them are
heavily-draped in knock-off designer hand-
bags of all shapes, colours and sizes.”

The vendors made no attempt to hide
them.

Although many vendors have acknowl-
edged that their goods are counterfeit —
from such designer brands as Gucci, Prada,
Dolce, Gabana and others— their attitude is
that theirs is the right to sell. The pushing of
these “hot” items was so obvious that if the
police were in fact intent on applying the
law, the market could have been cleaned
out in a matter of days. But, of course, the
political fall-out also has to be reckoned
with. Straw vendors have always expected
rules to be bent in their favour, so the
squeals would have been loud and furious
had there been a hard local crack down.

The “world famous straw market” dis-
appeared from our shores many years ago —
ever since the days when it was removed
from its Rawson Square location — a colour-
ful scene of Bahamian basket women, plait-
ing their bags, hats, toys and mats, while
their children learned the trade by their
sides. It was a scene that inspired poets and
artists. But no more.

Today we have a cheap flea market,
which as Mr Charles Klonaris, chairman of
the Nassau Tourism and Development
Board, pointed out last year is of no benefit
to the Bahamas.

We hope that taxpayers’ money, now
being spent to create a new straw market,
will be one that displays local arts and crafts
of which Bahamians can be proud — and vis-
itors will want to purchase as souvenirs. “But
what they are producing now,” said Mr
Klonaris, “is just not acceptable.”











1 |

Goodwill
politics and

surprises are
badly needed

EDITOR, The Tribune.

The Bahamas and her
people are at the proverbial
cross roads. Indeed, I sub-
mit that we are between a
rock and a hard place while
our political “masters” are
gyrating; dancing the watusi
and dispensing out heavy
and potentially toxic doses
of “vodoo economics.”

What is badly needed in
our beloved country today,
in my humble view, is some
goodwill politics and sur-
prises. For instance the so-
called Baha Mar deal has
been languishing for several
years. At one time it
appeared to be on life sup-
port. Now that the consum-
mation appears to be just
across “the bar”, our politi-
cians and their erstwhile
allies are, seemingly, play-
ing the thing with the big
ears and short tail.

The collective nation is
experiencing economic hell;
societal melt down, of
course, the stark abandon-
ment of morality and civility.
The major political parties,
PLP and FNM, must and
should come together on a

LETTERS

letters@triounemedia.net



national consensus on the
way forward, despite their
perceived political and lead-
ership style, for the good of
the nation.

Mr. Ingraham and Mr.
Christie “owe” it to ordinary
Bahamians to present us
with “surprises” when the
House of Assembly con-
venes after the long summer
recess relative to the
approval of all aspects of the
Baha Mar deal.

There is no “Chinese”
baby as whatever the
“baby” may look like, at
birth, it is a Siamese twin,
joined at the hips. The true
paternity may never be
known but it is clear that the
mother is Bahamian. It may
be domestically a challenge
but our leaders must step up
to the plate and do the right
thing.

While voting on the
approval for the Baha Mar
components, parliamentar-
ians must and should also

start a national dialogue on:
crime and punishment; ille-
gal immigration; the over-
crowding of our educational
system; the broken judicial
and legal systems and the
evolution of a lost and hope-
less generation of young
Bahamians. There is pre-
cious little time to waste if
we are not to become a
“failed” state and a ticking
time bomb.

Will they, however, con-
tinue the meaningless and
deadly political tribalism, ad
naseum? The leaders of the
FNM and the PLP have yet
to etch their legacies in the
annals of The Bahamas.
When compared with the
late great and irreplaceable
Sir Lynden Oscar Pindling,
one is obliged to ask the
question: “What manner of
pygmies dominate our polit-
ical arena?” The resound-
ing and echoing answer may
well surprise us all. To God
then, in all things, be the glo-
ry.

ORTLAND

H. BODIE, JR.,
Nassau,

September 14, 2010.

Many Americans have still not digested lessons of 9/11

EDITOR, The Tribune.

It has been nine years
since the Twin Towers fell
in New York, yet many
Americans have still not
digested the lessons of that
stony-hearted atrocity,

That much has been made
very clear by the ignorant
campaign against the
“ground zero mosque”,
which is neither a mosque
nor at ground zero.

And then there was the
stunningly stupid threat by a
Florida pastor to mark the
ninth anniversary of 9/11 by
burning 200 copies of the
“satanic” Qu’ran on the
front lawn of his church.

The conventional wisdom
is that Al-Qaeda hatched
the 9/11 plot with the imme-
diate aim of making Ameri-
cans feel threatened in their
own backyard and as a high
profile, symbolic challenge
to American power, partic-
ularly the way the power is

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perceived by them to be
exercised in the Middle
East.

But its longer term goal
was almost certainly to
increase global conflict
between Muslims and non-
Muslims and radicalise the
Islamic world by drawing
the United States into a
descending spiral of human
rights abuses and costly and
unwinnable wars.

In this it has succeeded
brilliantly, with US assis-
tance at every step.

In threatening to dese-
crate the central text of
Islam, for example, Pente-
costal preacher Terry Jones
must have been reading
straight from an al-Quaeda
script, as provocation of this
magnitude would only
increase the power of Islam.

The growing religious
polarisation of the US, mir-
roring similar intolerance in
parts of the Islamic world,
has been starkly highlight-
ed by reports that two-thirds
of Americans oppose the
construction of an Islamic
cultural centre, dedicated to
promoting religious harmo-
ny, more than two city
blocks away from the for-

mer site of the Twin Tow-
ers, and that more than 30
million American citizens
think their president is Mus-
lim.

In past years, the com-
memoration of 9/11 in the
US was a somber affair,
mercifully free of religious
chauvinism.

The fear must be that such
fervour will sweep away the
voices of reason, tolerance
and reconciliation personi-
fied by President Obama,
and that the frenzied Amer-
ican right will ensure that he
serves a single term.

That would be a tragedy,
as the only hope of a terror-
free future lies in such mea-
sures as the withdrawal of
troops from Iraq and
Afghanistan and a lasting
solution to the Middle East-
ern Crisis.

It is only by recognising
the necessity of coexistence,
by removing cultural and
religious provocation and by
building mutual respect, that
future 9/11s can be averted.

JERRY ROKER
Nassau,
September 16, 2010.s

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THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 5



LOCAL NEWS



Lawyers can

agree when to
hold Bishop
Fraser trial

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

A DATE has yet to be set for the unlaw-
ful sex trial of Bishop Randy Fraser as
lawyers could not agree on three successive
days when to hold the trial in Magistrate’s
Court.

Deputy Chief Magistrate Carolita Bethel
called defence attorney Wayne Munroe and
Deputy Director of Public Prosecutions
Franklyn Williams to return to her court
yesterday morning after two unsuccessful
attempts in Mr Munroe’s absence on Mon-
day.

However, yesterday’s meeting failed once
again as Mr Munroe explained he had two
trials scheduled before the Supreme Court in
November and would not be free until
December 10.

And although Mr Williams was not pre-
sent, a lawyer from the Attorney General’s
Office who appeared on his behalf indicated
the prosecutor would not be available then.

Magistrate Bethel said: “I have made
three attempts, wasted my time yesterday
morning, yesterday afternoon and today.

“Now we are going to get me three days
this year before the middle of December.

“This is an old criminal trial, and I would
like it dealt with as soon as possible.”

The magistrate called an end to the session
and asked the prosecution and defence
attorneys to agree a date for trial and return
to her court in Bank Lane to inform her of it
this morning.

It is the second trial of the accused bishop
who has pleaded not guilty to having unlaw-
ful sex with a 16-year-old girl between July
2005 and February 2006.

He was acquitted of the charge in 2007,
but the Court of Appeal ordered a retrial.

ACCUSED: Bishop Randy Fraser

The alleged victim in the case, who is now
20, testified that she and Fraser had sex
around 12 times a month at his home and
office at Pilgrim Baptist Temple in St James
Road, Carmichael.

Attorney Wayne Munroe made a “no case
submission” on August 16, arguing the
charge was duplicitous as he said each sexual
encounter was a distinct offence and there-
fore each instance should be brought on a
separate count.

However, Magistrate Bethel ruled the
charge was not duplicitous on September

‘Fraser, who is on $10,000 bail, will enter a
sworn testimony in the trial and call 25 wit-
nesses or more to the stand.

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i 35,
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? declare $28,878 in cash to
? United States Immigration
i and Border Control Offi-
: cials at the airport.



By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net

AN American holiday-

i maker lost nearly $30,000
i and was ordered to pay a
: $2,500 court fine for failing
i to declare his casino win-
i nings to US Immigration
: authorities at Lynden Pin-
: dling International Airport
i; on Sunday.

Michael McWilliams,
of Buckhead in

caught

McWilliams first plead-

: ed not guilty to the two
i charges against him: fail-
? ing to declare more than
: $10,000 cash in his posses-
: sion and making a false
i declaration to an officer of
i the United States of
: America
i appeared in a Nassau
i Magistrate’s Court on
i Monday.

when he

But he later returned to

i the Parliament Street
i court and changed his plea
: to guilty with representa-
i tion
? Monique Gomez, who had
i represented Colton Har-
i: ris-Moore, alias the “Bare-
? foot Bandit” when he was
i apprehended in July.

from attorney

McWilliams was back in

court again yesterday for
i sentencing.

Magistrate Ancella

Williams imposed a $2,500

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fine and ordered him to
hand over his winnings.
McWilliams said he had
won the cash at the
Atlantis casino during his
holiday, and lamented out-
side court that he would
now lose all of his takings
as well as having to pay
the fine and legal fees.

Form

The American tourist,
who said he has visited the
Bahamas before, main-
tains he was not trying to
hide the cash from author-
ities, but simply was not
paying attention when he
filled out his US Customs
pre-clearance form at Nas-
sau airport.

“T really didn’t know,”
the American said. “I went
through the list as I was
talking on the cell phone








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PAGE 6, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



ES a a ae a ra re re
Debate on the Baha Mar development

By LARRY SMITH

DEBATE on the govern-
ment's resolution to approve
the Baha Mar development was
scheduled to begin today in
Parliament — five years after
the initial deal was concluded in
2005. But the debate was post-
poned until the project's prin-
cipals can come to terms with
the Bank of Nova Scotia on
outstanding debt.

It's been a long road —-
although not quite as long as
the 13-year BTC sell-off — and
conditions in 2005 were vastly
different from what they are
today. Back then, the credit
boom underway in the US had
a marked spillover effect on the
Bahamas, with major develop-
ments planned around the
country.

But most of these projects
collapsed in the wake of the
Great Recession that swept the
world in 2008. The Baha Mar
project was kept ticking over,
even when the original joint

venture partners withdrew. It
was the brainchild of a Lyford
Cay resident named Sarkis
Izmirlian, whose grandfather
left Armenia in the final years
of the Ottoman Empire.

Sarkis' father, Dikran, made
his fortune by cornering the
world peanut trade. And the
family became property devel-
opers in Britain, where one of
their companies owns the 13-
acre site on which London's
City Hall is located. While
Dikran lives in Switzerland,
Sarkis manages the family's
assets from the Bahamas.

He is said to be an astute
developer who conceived the
grandiose Baha Mar project
partly to make a name for him-

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self. But the project has been
able to survive only because the
Chinese are investing their
huge currency reserves in sup-
port of their strategic interests.
According to China's Com-
merce Ministry, some 800,000
Chinese are now working on
energy, infrastructure and hous-
ing projects around the world.

Without clear evidence, we
should discount the allegations
that have been made about the
use of Chinese convicts as
workers on these projects. But
we do think it makes sense for
our government to seek a broad
political consensus for the pro-
ject in view of the large foreign
labour component.

The 1,000-acre Baha Mar
project is owned by the Izmir-
lian family, with the Chinese
Export-Import Bank providing
$2.5 billion in financing over 20
years and the China State Con-
struction & Engineering Co as
principal contractor.

Challenges

It was unclear at this writing
whether the Bank of Nova Sco-
tia, which financed the Izmir-
lian's earlier acquisition of
Cable Beach hotels, would
become an equity investor. But
it is fair to ask how Baha Mar
expects to repay a $2.5 billion
loan from China when it has
already encountered challenges
servicing the current $200 mil-
lion loan to Scotiabank.

Still, it is the view of most
observers that Cable Beach
needs to be redeveloped for the
country's tourism industry to
remain competitive, and
whether the land used for col-
lateral is conveyed on a long-
term lease or as freehold is
beside the point.

The optimum use for that
land is resort development and
nobody else in the current envi-
ronment can finance such a
project.

And even though a large
portion of the $2.5 billion will

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Co-operative Credit Union

IRCCCU) Limited

The piace Cooper Building
# 9 Village Road.

Notice is hereby given that a special General
Meeting of the Bahama Islands Resorts &
Casinos Co-operative Credit Union Limited
will be held at the Credit Union’s premises,
#9 Village Road, Nassau, Bahamas on

Thursday, September 23rd 2010,
commencing at 6:00 p.m.

For the following purpose:

% To receive letter dated August 27, 2010, from

Members

3% To discuss and take action on such matters outlined in
letter of August 27, 2010

This meeting is in accordance
with BIRCCCU’s By-law 29 and in
accordance with Regulations 23 & 24.

Linda Symonette
Secretary

9th September 2010



return to China in the form of
interest, wages and materials
purchases, this is still a major
foreign investment for the
Bahamas that will help to stim-
ulate the economy in the short
term and drive tourism growth
in the longer term.

Conflict of Interest

According to the Institute
of Auditors, conflict of interest
is when someone in a position
of trust has a competing pro-
fessional or personal interest
that makes it difficult to fulfil
his or her duties impartially, or
that creates an appearance of
impropriety.

But exactly what does that
mean in the Bahamas? Well,
the short answer is...very little.

The Bahamas is a small
place, which makes it difficult
for any of us to avoid apparent
conflicts. And they happen all
the time, at every level, in both
the public and private sectors.
There are very few explicit
rules, and even where rules
exist, there are no real sanc-
tions.

In the political realm, the
old United Bahamian Party oli-
garchs have been described as
"the poster boys for conflict of
interest and corruption.” Back
before the days when cabinet
ministers earned official
salaries, UBP politicos rou-
tinely represented companies
doing business with the gov-
ernment and awarded them-
selves contracts as a matter of
right.

Things were so bad that pri-
or to the 1967 general election
the UBP itself had issued a
code of ethics requiring minis-
ters to withdraw from any case
in which they had a private
interest.

But that didn't stop politi-
cians like Sir Stafford Sands
from acting as paid agents for
Freeport gambling interests, as
documented by the 1967 Com-
mission of Inquiry.

Sands (who was finance and
tourism minister at the time)
received over $1.8 million in
consultancy fees from the
Grand Bahama Port Authority
between 1962 and 1966. The
Port also gave hundreds of
thousands of dollars in politi-
cal contributions to the UBP.

When the Progressive Lib-
eral Party came to power in
1967 it promised to change all
that.

The Pindling administration
issued a new code of ethics that
prohibited ministers from
accepting substantial gifts from
persons doing business with the
government.

Fast forward 15 years and
the Bahamas was in the throes
of a criminal takeover by South
American drug cartels.

The Colombian flag was
raised over Norman's Cay in
George Smith's Exuma con-
stituency by the notorious gang-
ster Carlos Lehder, who drove
ordinary visitors away at gun-
point and orchestrated hourly
cocaine flights to the US.

The 1984 Commission of
Inquiry found that Smith had
accepted gifts and hospitality
from Lehder, who is now serv-
ing a long sentence in an Amer-
ican jail. In fact, one parlia-
mentarian said at the time that
"Pindling and his crew make
the Bay Street Boys look like
schoolchildren."

The 1993 inquiries into
Bahamasair and the Hotel Cor-

poration were initiated by the
first Free National Movement
government. They document-
ed decades of gross misman-
agement, conflict of interest,
and official corruption under
the PLP. In response, the FNM
promised a government in the
sunshine that would be fully
accountable to the people.

In the years since there have
been many accusations of con-
flict of interest featuring politi-
cians of both major parties, but
none of them have matched the
scale and sheer brazenness of
those earlier controversies.

For example, during the sec-
ond FNM administration Brent
Symonette resigned as chair-
man of the Airport Authority
after it became known that a
company in which he had a
minor interest had been con-
tracted to do paving work at
the airport. Charges were made
against Tommy Turnquest for
allowing an air conditioning
contractor to pay for his leader-
elect victory party. And Dion
Foulkes was accused of award-
ing contracts for school repairs
without a public tender.

When the PLP was re-elect-
ed in 2002, Perry Christie made
a lot of noise about integrity in
public life, and issued another
code of ethics for ministers that
basically re-stated existing
guidelines. But his promised
law codifying rules on conflict
of interest never came before
parliament.

Controversies

And so the controversies
continued. Leslie Miller and
other PLP officials were
accused of renting buildings to
the government they served, a
common practice.

Minister of Local Govern-
ment V. Alfred Gray was
accused of remaining active in
his law firm, which was repre-
senting one party in a local gov-
ernment dispute. Neville Wis-
dom faced charges of impro-
priety in awarding contracts for
Junkanoo bleachers.

PLP Minister Bradley
Roberts and then chairman of
the Water & Sewerage Corpo-
ration Don Demeritte were
accused of leading a conspiracy
that would have bilked Bahami-
ans of millions of dollars.
According to testimony in an
industrial tribunal, the chair-
man instructed the corpora-
tion's general manager to call
off the bidding process for a
reverse osmosis plant at
Arawak Cay, and start negoti-
ations with a firm whose prin-
cipal was Jerome Fitzgerald, a
PLP senator. This matter is still
before the court.

The most sensational case
of conflict of interest during the
PLP's last term involved Shane
Gibson's relationship with
expired American sex symbol
Anna Nicole Smith.

Gibson resigned from the
cabinet in February 2007 after
The Tribune published embar-
rassing photos of him on a bed
with Smith at her Eastern Road
home, although both were fully
clothed.

Gibson insisted he did not
have a sexual relationship with
Smith and denied doing her any
favours.

At the time, the "attack" on
Shane was characterised by a
fellow PLP minister as "the suc-
cessful manipulation of misin-

formation by people whose
stock in trade is nastiness and
sleaze."

Well, now we have some-
thing that trumps all of that pot-
ted history.

A minister who takes advan-
tage of a private helicopter
flight in order to attend two
official meetings on two differ-
ent islands over two consecu-
tive days — the evening pre-
miere of a conservation film on
Abaco, and a meeting with vis-
iting American experts in the
Exuma Cays the next morning.

"IT would not have been able
to do either with regular flights,
or even make the previously
agreed times by boat," Envi-
ronment Minister Earl
Deveaux told me. "It is diffi-
cult, if not impossible, to dis-
charge this job, with the
required oversight, if we are
not able to use the facilities of
the principals."

For George Smith's infor-
mation, the Aga Khan is not a
criminal — unlike Carlos
Lehder. He is as desirable an
investor as Sarkis Izmirlian. His
Swiss-registered Development
Network runs a variety of mul-
ti-billion-dollar humanitarian
programmes in 25 countries
around the world. And the Aga
Khan Health Services is one of
the most comprehensive, pri-
vate, not-for-profit healthcare
systems in the developing
world.

Before we jump to conclu-
sions, perhaps we should ask
what are the actual regulations
that apply to official conflict of
interest in the Bahamas these
days.

The answer to that question
is contained in the manual of
cabinet procedure, which states
that a minister "must not,
except as may be permitted
under the rules applicable to
his office, accept any gift, hos-
pitality or concessional travel
offered in connection with the
discharge of his duties."

On my reading, accepting a
trip for a personal benefit
rather than for a public duty
would likely be considered a
breach of this rule.

Yet incumbents of both
major parties have accepted
personal hospitality from big
investors or foreign govern-
ments fairly routinely over the
years, and usually without any
controversy.

The real elephant in the
room in this context is the
financing of political parties by
big investors and corporate
interests.

There are no rules at all in
this regard, and everything is
done behind closed doors.

I have it on good authority
that each of the 82 main party
candidates in the 2007 general
election received an average of
$30,000 in campaign funds.
Added to that are general par-
ty expenses for advertising,
printing, logistics, travel, and
give-aways.

Clearly, Bahamian elections
cost millions of dollars. Where
do you think that money comes
from?

So should we be concerned
about a free helicopter ride to a
business meeting? You be the
judge.

What do you think?
Send comments to

larry@tribunemedia. net
Or visit www.bahamapundit.com

Science fiction author to donate
proceeds of 100 books to PACE Centre

SCIENCE fiction author
Lewis Walmsley, who is set to
publicly launch his novel
‘Glassidor’ on October 2 at
the Ruby Swiss Restaurant in
Freeport, said he will be
donating the proceeds of the
first 100 book sales to the
island's PACE Centre.

The PACE (Providing
Access to Continued Educa-
tion) Centre offers a volun-
tary programme for student
mothers and is a collaborative
effort of the Ministry of Social

Development, the Ministry of }

Health, and the Ministry of
Education. The main focus of
the facility is maternal and
child welfare, counselling and
school placement. Additional

services provided at PACE paqK _AUNCH: Lewis Walmsley, author
of Glassidor, a science fiction book set in
the Bahamas.

include daycare facilities,
financial assistance with food,
clothing, uniforms, and
footwear, and assistance with

baby items, food, pampers and clothing for stu-

dent mothers.

Explaining why he chose the PACE Centre as
the beneficiary of his donation, Mr Walmsley
said: “Since being here the islanders have been
so kind to my fiancée Katherine and I so we
wanted to give something back. Any monies
invested in education are never wasted, and
what better a cause than unmarried moms want-
ing to continue their education. I hope to help
create future readers. Who knows, in ten years
time one of those little babies may just pick up
a copy of ‘Glassidor’, blow the dust off it, and

read it.”



Mr Walmsley recently met
with the acting principle of
the PACE Centre Shirlee
Butler to discuss the upcom-
ing donation and the author
gave her a copy of ‘Glassidor’
to go in the facility's library.

“We at the PACE Centre
are deeply grateful for Mr
Walmsley’s interest in and
intended donation to our
school. We are currently
building our computer lab and
any assistance in achieving
this goal is greatly appreciat-
ed,” said Mrs Butler.

Set against the backdrop of
some of the Bahamas’ most
scenic sites, including the
Lucayan National Park and
Ben’s Cave, ‘Glassidor’ is
described as a fast-paced sci-
ence fiction adventure.

It is the story of a mother’s
love, duty, and devotion in
her protection of Earth’s chil-

dren, the author said.

The book tells the story of Dee, a space

in England.

ine.

nomad who arrives on Earth in the year 1620 to
recover a lost artifact sent there by her ancestors
74 million years earlier.

Mr Walmsley was born, raised and educated

He immigrated to Toronto, Canada in 1974
where he spent 34 years in the automotive
machining industry. In 2008, he moved to
Freeport where he lives with his fiancée Kather-

‘Glassidor’ is his first fiction book and he has

almost completed work on a second one.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
THE TRIBUNE



WEDNESDAY, SEPTEMBER 22, 2010, PAGE 7

Doctors Hospital's Dr Meyer Rassin

Foundation gives over $100,000 in
STARTERS SMITH EIR be LT



MINDFUL of the fact a col-
lege education can cost tens of
thousands of dollars, Doctors
Hospital said it recently made
cheque presentations to their
Dr Meyer Rassin Foundation
recipients of over $100,000 in
tuition assistance and scholar-
ships.

Beneficiaries were students
enrolled in degree and certified
programmes in various areas of
healthcare locally and abroad.

The Doctors Hospital Dr
Meyer Rassin Foundation said
it has provided scholarships and
financial assistance to 70 stu-
dents pursuing a career in
health for this school year.

Created in honour of the late
Dr Meyer Rassin, the founda-
tion was created as a philan-
thropic mechanism through
which individuals, trusts, foun-
dations, estates, businesses and
other organisations may invest
in healthcare in the Bahamas.

The Foundation’s aim is to

encourage and assist qualified
students engaged in study in
the healthcare field as well as
healthcare workers such as
medical technicians, pharma-
cists, lab technicians, imaging
technicians, nurses and others
to realise their dreams.

Students being considered
for tuition assistance or schol-
arships must achieve a grade
point average of 3.0 or higher,
must be accepted to an accred-
ited certificate programme or
a degree programme, students
must be Bahamian citizens and
must be able to show proof of
financial need.

Application forms may be
obtained from the hospital’s
website at
www.doctorshosp.com or from
its marketing department.

The Doctors Hospital Dr
Meyer Rassin Foundation
invites the public to share its
commitment by helping those

in need for years to come.

Busy schedule announced for GB
Medical and Dental Association

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - The Grand Bahama
Medical and Dental Association has
announced plans for a number of events
here on the island, including an educa-
tional conference and awards banquet.

Dr Freeman Lockhart, GBMDA pres-
ident, said the events kick off on Septem-
ber 30 with the opening of the 10th annu-
al Educational and Scientific Conference
at Canal House at Pelican Bay Resort.

This year’s theme for the conference is
‘Transforming the Approaches to Health-
care; Global Initiative.’ A number of local,
national and international speakers will
make presentations highlighting advances
and trends in healthcare.

Mr Lockhart said they hope to foster

stronger networks in both the domestic
and international healthcare arenas.

As a prelude to the conference, a wor-
ship service will be held at the Pro-Cathe-
dral Christ the King on Sunday at 10am.

Minister of Health Dr Hubert Minnis
will officially open the conference on
Thursday, September 30.

Mr Lockhart said conference sessions
will start at noon on September 30 and
end on Friday, October 1.

A boat cruise will be held on Friday
evening. The conference will culminate
with a gala awards banquet on Saturday,
October 2. Cocktails start at 6pm and for-
mal seating at 7pm.

Two outstanding local physicians, obste-
tricians and gynaecologists Dr Paul Ward
and Dr Havard Cooper will be honoured.

Mr Lockhart is encouraging the public
to attend both events as funds raised will

be donated to charity.

“As is customary, part proceeds from
the awards banquet will be donated on
behalf of the honorees to charitable
groups or organisations in their medical
specialty. This year’s beneficiaries are the
obstetric ward of the Rand Memorial Hos-
pital and the Grand Bahama Crisis Cen-
tre,” he said.

Following the banquet, an awards par-
ty will begin at 9.30pm in the Captain’s
Gallery at Canal House.

Dr Lockhart said tickets for the ban-
quet are limited given the limited capaci-
ty at Canal House.

Tickets can be purchased from com-
mittee members.

He explained that the objective of the
Grand Bahama Medical and Dental Asso-
ciation is to educate the community and
colleagues in the medical field.

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MINISTER OF HEALTH Dr
Hubert Minnis will officially
open the conference.



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PAGE 8, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



FROM page one |fangigns charged:

Dr Patricia Rodgers,
permanent secretary in
the Ministry of Foreign
Affairs, confirmed that a
number of family mem-
bers of the women had
been seeking a meeting
with Deputy Prime
Minister and Minister of
Foreign Affairs Brent
Symonette in connec-
tion with the situation,

but as of yesterday after- ETTE:



BRENT SYMON- Plea

family appeared in court on :

this may yet happen.

when

noon this meeting had members of the Monday.

not taken place as far as women had been

the official was aware.

southern New York on PM
Monday, US Assistant
United States attorney
Christopher Frey, the prosecu-
tor for the US government in
the case, suggested that the val-
ue of the alleged counterfeit
goods — had they been real —
would have been between
$400,000 and $1 million.

This “loss range” factors into
the severity of the sentence that
the women would receive if
convicted of the crimes, this
newspaper understands.

He spoke as the women were
charged with “Conspiracy to
defraud the United States” con-
trary to section 2320 of Title 18
of the United States Criminal
Code, or more specifically, traf-
ficking in counterfeit goods and
services. “Trafficking” relates
to the transport or possession of
an item or items for the pur-
poses of commercial advantage
or private financial gain.

The charges came following
a six-month-long investigation
into the import and export of
counterfeit luxury goods con-
ducted by the United States
Department of Homeland
Security and Immigration and
Customs Enforcement (ICE),
during which “certain individ-
uals from The Bahamas who
were involved in the traffick-
ing of such counterfeit goods
between New York City and
Nassau, Bahamas, were identi-
fied”, it is alleged.

The expectation now is that
the women will be formally
indicted within the next 20 to
30 days.

US Federal sentencing
guidelines suggest that a prison
sentence of 30 to 37 months
may be appropriate for indi-
viduals found guilty of the
offences with which the women
are charged.

A legal source in the United
States said this sentencing
range is only “advisory” for the
Judge and therefore the sen-
tence could be more or less
heavy. The women have been

Affairs and

pending trial.

Each woman was being :
asked to come up with a bail }
package which included a bond }
of $100,000 - usually met by }

two “financially responsible”

people — and cash ranging from }
between $5,000 and $20,000 to }
secure bail. Such “responsible }
persons” who would be held }
accountable as co-signers if the }
woman in question skipped bail }
have to be interviewed in per-
son before being accepted in }
that role, and it is not yet clear :
if they must have US residency. }
The amount of the bail pack- }
ages and these other “logisti- }
cal” issues are holding up any }
swift granting of bail for many }
of the women, The Tribune }

understands.

According to documents, }
only one woman — Roshanda }
Rolle — had up to press time }
come up with the necessary }
bond requirements yesterday. :
She was then required by the }
court to surrender her travel }
documents and placed under }

“strict pre-trial supervision.”

Ms Rolle will be placed under }
house arrest and electronically ;
monitored. An agreed resi- }
dence — at the home of a “Ms }
— was recorded. A}
preliminary hearing for her }
matter has been set for Octo- }

Barence”

ber 20.

It was initially reported there }
were nine women arrested, but }
that from this group, two were }
not charged. However, Dr
Rodgers yesterday suggested }
that in fact 11 women may have }
been arrested, with the two:
who were not charged bring-
ing this to a total of nine}

charged.

The Ministry of Foreign
Affairs in Nassau said it is:

“monitoring the situation.”

charged together in a }

“conspiracy” but if they }
were to be dealt with }
individually, the sen- }
tences received may :
not be so heavy, said :
the source, suggesting }

The women were i
not required to enter a :
they:

According to Patri- i
seeking a meeting 12 Rodgers, Perma- ;
In a District Court in with the Deputy ment Secretary at the }
Ministry of Foreign :

legal }
sources in the US, the }
women and their families in }
Nassau were yesterday having }
trouble putting together the }
necessary bail ahead of any }

LOCAL NEWS

FROM page one

hotel.

Agents secretly watched as more “bulky,
black duffel bags” were delivered to the
women’s hotel the following day by “two
unidentified males” and again later that
same day when four of the women entered
another wholesale retail establishment
before leaving with six more bags full of at
that point unidentified items.

The women were followed by a surveil-
lance team to the JFK airport, and agents
inspected the contents of their luggage after
it had been checked in.

It was determined at that time that to
“protect the integrity of this ongoing inves-
tigation, neither the luggage nor the con-
tents of that luggage would be seized by law
enforcement” as the investigators contin-
ued to build their case.

However, found within the luggage were
hundreds of counterfeit luxury items, alleges
the criminal complaint.

Roshanda Rolle’s luggage contained 66
knock-off products, including “Louis Vuit-
ton” and Coach wallets, Gayle Rolle’s lug-
gage contained 21 counterfeit items, Marva
Ferguson’s bag contained 67 such products
and Marvette Ferguson’s, 75, said the court
document.

A private investigator “employed by a
number of luxury brand companies” includ-
ing Louis Vuitton, Coach, Rolex, Dolce and
Gabbana, Gucci and Burberry joined the
federal agents and allegedly determined the
counterfeit nature of “each and every one”
of the items.

The four women who were said to have
participated in the May trip, along with

School suspensions

How vendors were bagged

Patricia Hanna, Shamone Thompson, Mar-
garet Pierre, Judy Duncombe and Tracy
Davis, were next seen arriving in New York
City’s JFK airport last week, on Thursday,
September 16th.

“Shortly after arriving (the group) trav-
elled to a certain street in New York, New
York, on which a number of wholesale
retailers are located.

“After arriving at this destination in Man-
hattan, Roshanda Rolle, Gayle Rolle, Mar-
va Ferguson, Marvette Ferguson, Patricia
Hanna, Shamone Thompson, Margaret
Pierre, Judy Duncombe and Tracy Davis
entered a number of these wholesale retail-
ers and were subsequently observed exit-
ing the retailers with large black garbage
bags, which the defendants took back to the
hotel,” said the criminal complaint.

The group were next surveilled as they
checked 31 pieces of luggage into their
scheduled Jet Blue flight back to Nassau on
September 18th.

The checked luggage was then, unbe-
knownst to the women, again segregated
and inspected by Customs and Border Patrol
Agents.

“Up to September 20, 2010, the contents
of the luggage are still being catalogued and
inventoried. However, during a preliminary
review of the contents of the luggage, law
enforcement discovered a large quantity of
handbags (both with designed labels affixed
upon them and generic non-labelled bags)
and designer brand labels (including, but
not limited to those purporting to be Dolce
and Gabbana Tiffany & Co. jewellery and

Rolex watches),” the complaint states.
Again, a private investigator allegedly deter-
mined the goods to be counterfeit.

It was at this point after the covert luggage
inspection that the nine women were placed
under arrest. In interviews with the author-
ities all were subsequently said to have
admitted that the purpose of their visit to
New York was to buy the goods to re-sell at
their straw market stalls, knowing them to be
counterfeit.

“At the time these defendants were ques-
tioned by law enforcement, almost all pro-
vided the interviewing agents with receipts
from their purchases of counterfeit goods in
New York City,” the complaint details.

Several of the women, like Judy Dun-
combe, allegedly admitted to buying coun-
terfeit goods in the city for their stall on
more occasions. “Judy Duncombe stated
that she has been coming to New York City
for this purpose approximately three to four
times per year for the past three to four
years, the last time being in April 2010,”
said the complaint.

It is not clear if the women had legal rep-
resentation at the time of their interviews by
law enforcement officials.

Roshanda Rolle, Marva Ferguson, Mar-
vette Ferguson, Gayle Rolle, Patricia Han-
na, Shamone Thompson, Margaret Pierre,
Judy Duncombe and Tracy Davis were all
charged in a US court with conspiring to
defraud the US government on Monday,
specifically trafficking in counterfeit goods
and services. All of the women has now
obtained or been appointed legal counsel
and bar one, who has posted bail, are being
held in a Manhattan remand centre.

The next hearing of their case is expected
to take place in October.

‘Irregularities’ at teachers

FROM page one

Management Male Empower-
ment Programme (LMMEP).

Mr Clarke said the demand
for programmes such as
LMMEP is “triple” the current
capacity.

The Ministry of Education’s
Safe Schools Protocol Manual
for Public Schools lists a uni-
form offence as a level one
infraction, for which the rec-
ommended disciplinary action
ranges from parental contact,
detention, verbal warnings to
in-school suspension.

“An out of school suspension
should only be done for a seri-
ous infraction. Students take
advantage of the suspension to
get involved in other anti-social
behaviour when they are out;
hanging around malls and all
the places they go to. There are
times when there should be
legitimate suspensions. When
that occurs it is not just a matter
of you get off the compound.
There are agencies that must
be informed where they could
be sent to in a supervised fash-
ion,” said Olly Mae Knowles,
assistant deputy director of edu-
cation.

Suspension statistics are not
readily available at the Ministry
of Education. The Tribune was
directed by Mrs Knowles to
contact each of the fourteen
district superintendents indi-

records to the “District Super-
intendents on a quarterly basis
for onward transmission to the
office of the Director of Edu-
cation.”

Patricia Collins, deputy direc-
tor of education, said she is
“confident” the protocols are
followed in practice.

The solution is not “finding a
place to send children,” accord-
ing to Mrs Knowles. She said
schools have to be more
“proactive and discretionary”
in managing suspensions. The
Ministry of Education manual
gives them the protocols to do
so, she said.

She said there is a school
principal who noticed students
were purposefully coming to
school without belts in order to
attract a suspension. The prin-
cipal purchased belts and made
students rent them when they
were without.

“Based on the way teachers
teach more children can be
reached. It will take some extra
time, but if you get the young-
ster planning and he becomes a
critical thinker, it will help,”
said Mrs Knowles.

“Teachers teach not subjects:
teachers don't teach math, sci-
ence, physical education; teach-
ers teach children; they teach
PE to children. If you see your-
self as teaching children you
take on delivering the subject in
a different way. It helps the
child to see this is a teacher that



union polling stations

FROM page one

allegations against some
teachers, the former presi-
dent’s handling of union
funds and the staunch divi-
sion among executive mem-
bers that led to the “vote of
no confidence” for the entire
former executive team.
However, well after 9
o’clock last night, officials
were still at work tallying the

scores

whether incumbent Belinda
Wilson or her challenger
Frances Friend would lead
the union on its
recovery.”

One teacher, and first time
voter, added: “What I liked
best about the campaign was
the fact that the candidates
came in to the schools and we
were able to ask them ques-
tions and really find out what
they were all about. I don’t
really follow the ongoings of
the union as much as I prob-
ably should because I feel its
always second hand informa-
tion, so to be able to talk with
the candidates first hand was

good.”

At June's annual meeting,
more than 200 delegates sup-
ported a vote of no confi-
dence for the entire executive



















































concerned the pending nego-
tiations for a collective bar-
gaining agreement and the
possibility of a group insur-
ance plan for members. Addi-
tional key issues involved
membership benefits, gover-
nance, professional develop-
ment, and communication.

One teacher said: “I was
listening out for campaigns
which spoke to the needs of
teachers in the family islands.
I taught in the family islands
for a number of years and I
feel as though the teachers
there are severely neglected.
So anyone with a strategic
plan as to how to improve
conditions for family island
teachers — I would give them
a chance.”

There were five polls in
the capital, with family island
teachers allowed to vote at
administrator’s offices and
post offices in the various set-
tlements.

At the polls in New Provi-
dence, teachers echoed simi-
lar sentiments when asked
what factors most influenced
their vote. Those interviewed
explained the new executive
team must not only be trans-
parent, trustworthy and pro-
fessional, but they must also
give the appearance that these

that would confirm

“road to

CUSTOMER SERVICE
MANAGER

An established Bahamian local company is secking
applications from auitably qualified person to fill the
position of Customer Service Manager tor longr- term
commitment, prowth and longevity.

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* 3-5 years experience in a managerial role

* Professional and quality customer service skills

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* Working knowl ledge of the ADP dealer Management
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* Professional written and verbal communication
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* Enhances teamwork and common direction of the

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An attractive compensation package is offered which
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Salary COMMeNsurate With
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Qual caAlions ane

Interested persons should send resumes and
SU port 1g doe LIMeNts To
P.O. Box CB-11651
Nassau, Bahamas
All applications must be submitted on or betore
September 30, 2010,

vidually for statistics.

The Safe Schools Protocol
Manual for Public Schools
directs administrators to record
all suspensions and forward the

(best) as they can.

ophy,” she said.

FRIENDLY MOTORS LTD.

Parts Department
Thompson Bivd.

WILL BE

FOR STOCK TAKING

SATURDAY, SEPTEMBER 25, 2010

WE WILL BE

OPEN

for Business on Monday
September 27, 2010 at ne

Our Vehicle Sales Department
WILL BE OPEN as usual

We thank you for your patronage
and apologize to our customers for
any inconvenience caused.

really cares and they try to
appease you by doing well as

“That is my personal philos-

team. Despite the frustration
displayed then by union mem-
bers over their inability to
work together as a team, 13 of
the 15 ousted executive mem-
bers sought re-election yes-
terday, each confident they
were the key to the union’s
cohesion moving forward and
insistent that they would be
able to work with whomever
the union elected.

Major issues campaigned











attributes are adhered to.

One teacher said: “There
are only two candidates for
president so it’s not that hard
a decision — one or the other.
I’m looking for someone who
is trustworthy, someone that I
can trust.”

Another teacher added:
“Character plays a big part.
This is a professional organi-
zation — professionalism plays
a major part.

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


THE TRIBUNE WEDNESDAY, SEPTEMBER 22, 2010, PAGE 9



LOCAL NEWS



AGRICULTURE AND MARINE RESOURCES Minister Lar-
ry Cartwright is pictured with some of the participants at
Monday's review of CARICOM’s food and nutrition poli-
cy. Pictured from left (seated): Ann Rolle (Ministry of
Health), Dr Keith Campbell (Bahamas Agriculture and
Producers Association), Mr Cartwright, Brickell Pinder
(Ministry of Agriculture and Marine Resources), Car-
maleta Burns (Department of Health); (standing) Phillip
Miller (Under Secretary), Michael Stubbs (Department of
Meteorology), Ashley Lepine (Hands for Hunger), Cress-
well Sturrup (Permanent Secretary), Alanna Rodgers
(Hands for Hunger), Hamilton Newbold (Ministry of Edu-
cation), and Simeon Pinder (Director of Agriculture).

Bahamas
reviews
CARICOM

food policy



By GLADSTONE
THURSTON

A workshop to review
CARICOM’s regional policy
for food and nutrition secu-
rity opened on Monday at
the Public Health Authority
headquarters.

This policy secks to coor-
dinate regional interventions
based on national priorities
through 2025.

It is not meant to reduce
national resolve to address
issues related to food and
nutrition security, Agricul-
ture and Marine Resources
Minister Larry Cartwright
said.

“There is room to improve
national coordination and
awareness on food and nutri-
tion security and to formalise
the existing policy frame-
work,” he told workshop
participants.

According to the World
Food Summit Plan of Action
of 1996, “Food security exists
when all people, at all times,
have physical and economic
access to sufficient, safe and
nutritious food to meet their
dietary needs and food pref-
erences for an active and
healthy life.”

It sets out four dimensions
of food security — availabili-
ty, access, utilisation/nutri-
tional adequacy, and stabili-
ty — which are the basis of
the regional policy.

Although most countries
have access to adequate sup-
plies of food, Minister
Cartwright noted, the
regional challenge has been
to address the problem of
increasing demand for food
while the regional agricul-
tural sector is faced with low
production and productivi-
ty rates.

“The consequence has
been an increased reliance
on imported food regional-
ly,” he said. “In the
Bahamas, food imports have
increased from $310 million
in 2004 to $430 million in
2008, an increase of nearly
40 per cent.”

The ministry, he said, is in
the process of implementing
a medium-term strategic
plan to address some of the
constraints faced in an
efforts to increase agricul-
tural production.

Many of the strategies
identified in the national
strategy -— improving
research capacity, investing
in human resource develop-
ment, modernising agricul-
tural health and food safety
standards, and supporting

MINISTER’S ADDRESS: Agriculture and Marine Resources Minis-

farming organisations — are
also identified in the region-
al policy, said Mr Cartwright.

Ensuring access to food,
he said, is an important com-
ponent of the policy.

The Living Conditions
Survey of the Bahamas for
2001, he said, estimated the
national poverty level at just
under 10 per cent.

The highest levels of
poverty of one in five per-
sons were observed in south-
eastern islands, he said.

“We know that the impact
of the economic and finan-
cial crisis and the resultant
loss of jobs and significant
increases in food prices has
probably increased the vul-
nerability of many commu-
nities and households by
reducing their access to food.

“We have all been aware,
through appeals from civic
and non-governmental
organisations of the need to
expand food and other assis-
tance programmes.

“The government has also
increased funding for safety
net programmes that pro-
vide food and clothing to
vulnerable groups,” Minis-
ter Cartwright said.

There is also a proposal in
the regional policy frame-
work to identify and map
vulnerable groups.

Dietary changes, he said,
have shifted consumption
patterns toward a higher
energy density diet with a
greater intake of fat and
added sugars.

Combined with a seden-
tary lifestyle, the result has
been an increase in chronic
non-communicable diseases
(CNCDs), he said.

The regional policy looks
at specific initiatives to
reduce CNCDs and iron
deficiency.

Some of the interventions
proposed in the regional
plan are already being imple-
mented at the national level.

The stability of the food
supplies is impacted by eco-
nomic, financial and natural
events, including climate
change, he noted.

Addressing food and
nutrition issues will require a
multi-disciplinary and coor-
dinated approach between
the public and private sec-
tors and non-governmental
organisations, said Mr
Cartwright.

He acknowledged the
financial support of the Food
and Agriculture Organisa-
tion to the workshop and the
assistance of the Public Hos-
pital Authority.



ter Larry Cartwright delivers the opening address at Monday’s
review of the CARICOM food and nutrition policy.

STUDENT STABBED IN
BACK AFTER ARGUMENT

FROM page one

students at C I Gibson Junior High School which followed
just three days later, spiked concerns by parents, teachers and
members of the community on whether police should be re-
introduced as a permanent presence on school campuses.

The GHS student was taken to hospital by ambulance, his
condition was still unknown up to press time.

1. FREEPORT CITY SUBDIVISION -

FREEPORT

LOT NO. 5, Block ‘J’
PROPERTY DESCRIPTION:
Condominium Apartment No. 420
2 beds / 2 baths

PROPERTY SIZE: 1,177 sq. ft.
LOCATION: The subject property
is located at Jansel Court

Condominium, East Mall Drive and

East Atlantic Drive.
APPRAISED VALUE: $80,000

2. GREENING GLADE SUBDIVISION

- FREEPORT

LOT NO. Block 6 Unit 1
PROPERTY DESCRIPTION:
Lucayan Towers Condominium
Apartment No.408, 1 bed / 1 bath
PROPERTY SIZE: 672 sq. ft.

LOCATION: The subject property is

located on Albacore Drive.
APPRAISED VALUE: $43,000

1._ ARDEN FOREST SUBDIVISION-

FREEPORT

LOT NO. 12 Block 3 Unit 5
PROPERTY SIZE: Single Family
Lots, 0.33 acres

LOCATION: The vacant lot is
located on the northeastern
section of Caliban Drive and Ariel
Place.

APPRAISED VALUE: $35,000

2. BAHAMA BEACH SUBDIVISION

- FREEPORT

LOT NO. 373

PROPERTY SIZE: Single Family
Lot, 0.12 acres

LOCATION: The vacant lot is
located on the western end of
Windward Lane and Wilscombe
Boulevard.

APPRAISED VALUE: $18,000

3._BAHAMA REEF YACHT &

COUNTRY CLUB SUBDIVISION-

FREEPORT

LOT NO. 35 Block 2, Section 1
PROPERTY SIZE: Golf Course
Frontage Lot, 0.39acres
LOCATION: The vacant lot is
located 350 yards off Coral Road
APPRAISED VALUE: $110,000

4. BAHAMIA WEST REPLAT
SUBDIVISION - FREEPORT
LOT NO. 28 Block 19Unit 2

PROPERTY SIZE: Single Family
Lot, 0.25 acres

LOCATION: The vacant lot is
located on the northern side of
Columbus Way.

APPRAISED VALUE: $26,000

5. CHESAPEAKE SUBDIVISION -
FREEPORT
LOT NO. 29Block 21
PROPERTY SIZE: Single Family
Lot, 0.38 acres
LOCATION: The vacant lot is
located on the northwestern
section of Snipe Court and
Capstan Drive.
APPRAISED VALUE: $28,000

6. CHEROKEE SOUND - ABACO
LOT NO. 4N
PROPERTY SIZE: Multi-Family
Lot, 27,231 sq. ft.
LOCATION: The vacant lot is
located at Yellow Wood Creek
APPRAISED VALUE: $74,000

7. EMERALD BAY SUBDIVISION -
FREEPORT
LOT NO. 15 Block 48 Unit 2
PROPERTY SIZE: Single Family
Lot, 0.41 acres
LOCATION: The vacant lot is
located on the eastern boundary
of Mundon Court and Mundon
Avenue.
APPRAISED VALUE: $33,000

8. FORTUNE POINT SUBDIVISION
FREEPORT
LOT NO. 14 Block 2 Unit 3
PROPERTY SIZE: Single Family
Lots, 0.35 acres
LOCATION: The vacant lot is

located west of the intersection of

Pearl Drive and Pearl Close.
APPRAISED VALUE: $45,000

DEVELOPED RESIDENTIAL & COMMERCIAL

3._ HARBOUR WEST SUBDIVISION

- EIGHT MILE ROCK - GRAND
BAHAMA

LOT NO. 9Block 3

PROPERTY DESCRIPTION: Single
Family Residence, 3 beds / 2 baths
PROPERTY SIZE: 8,062 sq. ft.
LOCATION: The subject property is
located on Yvonne Drive and East
Pine Street.

APPRAISED VALUE: $169,000

. GUANAHANI SUBDIVISION -

SAN SALVADOR.

LOT NO. 29

PROPERTY SIZE: Single Family
Lot, 8,536 sq. ft.

LOCATION: The vacant lot is
located on the eastern side of
Queen’s Highway

APPRAISED VALUE: $25,600

. GRASMERE SUBDIVISION-

FREEPORT

LOT NO. 11 Block 45 Unit 3
PROPERTY SIZE: Single Family
Lots, 0.35 acres

LOCATION: The vacant property
is located on the corner of
Grasmere Drive and Pondside
Drive.

APPRAISED VALUE: $9,200

. LINCOLN GREEN SUBDIVISION

- FREEPORT

LOT NO. 15 Block 26 unit 4
PROPERTY SIZE: Duplex Lots,
0.34 acres

LOCATION: The vacant lot is
located on Manton Place and
Manton Avenue

APPRAISED VALUE: $36,000

. LINCOLN GREEN SUBDIVISION

- FREEPORT

LOT NO. 16 Block 26 unit 4
PROPERTY SIZE: Duplex Lots,
0.33 acres

LOCATION: The vacant lot is
located on Manton Place and
Manton Avenue.

APPRAISED VALUE: $35,000

. LINCOLN GREEN SUBDIVISION

- FREEPORT

LOT NO. 26 Block 1
PROPERTY SIZE: Duplex Lot,
0.32 acres

LOCATION: The vacant lot is
located on Ludford Drive.
APPRAISED VALUE: $34,000

14. LUCAYAN ESTATES

SUBDIVISION - FREEPORT
LOT NO. 1 Block 43 unit 4
PROPERTY SIZE: Duplex Lot,
1.0 acre

LOCATION: The vacant lot is
located on the southern side of
Newby Drive.

APPRAISED VALUE: $9,000

. LUCAYAN KNOLL - FREEPORT

LOT NO. 8 Block 5

PROPERTY SIZE: Single Family
Lot, 15,380 sq. ft.

LOCATION: The vacant property
is located on Sergeant Major Drive
near Sea Horse Road.
APPRAISED VALUE: $30,000

. MAYFIELD PARK SUBDIVISION-

FREEPORT

LOT NO. 112

PROPERTY SIZE: Multi-Family
Lot, 18,325 Sq. Ft.

LOCATION: The vacant property
is located on Farnham Crescent
APPRAISED VALUE: $54,000

. MURPHY TOWN - ABACO

LOT NO. 2 Crown Allotment #57
PROPERTY SIZE: Multi - Family
Lot, 5,310 sq. ft.

LOCATION: The vacant lot is
located on the main Murphy Town
Road.

APPRAISED VALUE: $12,000

4. SEA HORSE VILLAGE -

FREEPORT

LOT NO. 26 Block 6

PROPERTY DESCRIPTION:
Single-storey Duplex,

3 beds / 2 baths Units
PROPERTY SIZE: 0.28 acres
LOCATION: The subject property
is located on the northern side of
Turtle Cove.

APPRAISED VALUE: $223,657

VACANT LOTS

18. MURPHY TOWN - ABACO

LOT NO. 67 Crown Allotment #1
PROPERTY SIZE: Single Family
Lot, 6,935 sq. ft.

LOCATION: The vacant lot is
located on the main street of
Murphy Town.

APPRAISED VALUE: $11,000

19. MURPHY TOWN - ABACO

LOT NO. 67 Crown Allotment #2
PROPERTY SIZE: Single Family
Lot, 12,100 sq. ft.

LOCATION: The vacant lot is
located on the main street of
Murphy Town

APPRAISED VALUE: $19,360

. SHANNON SUBDIVISION -

FREEPORT

LOT NO. 8 BLOCK 5 UNIT 1
PROPERTY SIZE: Multi-Family
Lot .34 acres

LOCATION: The vacant lot is
located on the eastern side of
Shannon Drive

APPRAISED VALUE: $30,000

. ROYAL BAHAMIAN ESTATES

SUBDIVISION - FREEPORT
LOT NO. 305 Section “A”
PROPERTY SIZE: Single family
lot, 0.44 acres

LOCATION: The vacant lot is
located on Dominica Avenue

APPRAISED VALUE: $30,000

22. ROYAL PALM BAY

SUBDIVISION - FREEPORT
LOT NO. 47 Block 6 Unit 5
PROPERTY SIZE: Single Family
Lots, 17,005 sq. ft.

LOCATION: The vacant property
is located on Cippinghill Drive,
south of Bartlow Lane.
APPRAISED VALUE: $40,000

. SHANNON SUBDIVISION -

FREEPORT

LOT NO. 5 Block 3 Unit 1
PROPERTY SIZE: Multi-Family
Lot, 0.40 acres

LOCATION: The vacant property
is located on the southern side of
Moonraker Lane.

APPRAISED VALUE: $50,000

. WOOD CAY - LITTLE ABACO

LOT NO. Parcel of Land
PROPERTY SIZE: Single Family
Lot, 39,999 sq. ft.

LOCATION: The vacant lot is
located on the western section of
the main street of Wood Cay.
APPRAISED VALUE: $25,000

. YEOMAN WOOD SUBDIVISION

- FREEPORT

LOT NO. 4 Block 58 Unit 2
PROPERTY SIZE: Single Family
Lot, 0.36 acres

LOCATION: The vacant lot is
located on the southwestern side
of Spinney Road.

APPRAISED VALUE: $25,000

INTERESTED PARTIES SHOULD SUBMIT OFFERS INCLUSIVE OF TELEPHONE CONTACT AND POSTAL ADDRESS
TO: CB DISTRESSED PROPERTIES, CREDIT RISK MANAGEMENT DEPARTMENT,
P.O. BOX - SS-6263, NASSAU, BAHAMAS OR EMAIL US AT: DISTRESSED.PROPERTIES@COMBANKLTD.COM.
FOR GENERAL ENQUIRIES PLEASE CALL: 394-6464 EXT. 5836 OR EXT. 5829.
* WE RESERVE THE RIGHT TO REJECT ANY OR ALL OFFERS.



TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


PAGE 14, WEDNESDAY, SEPTEMBER 22, 2010



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THE TRIBUNE

busine

WEDNESDAY,



Out of ‘murky COPYRIGHT PROTECTIO

depths’ with
12.3% growth
in arrivals

By NEIL HARTNELL
Tribune Business Editor

Tourism “can be the dri-
ving force to pull the
Bahamas out of recession’s
murky depths”, the Ministry
of Tourism has argued, after
2010 second quarter and half-
year arrivals increased by 12.3
per cent and 10.7 per cent
respectively year-over-year,
with creative marketing and
strong partnerships needed to
maintain the momentum.

The Ministry, in its market
update for the period, said
2010 first half air arrivals were
ahead of 2009 comparatives
by 3 per cent, with sea arrivals
up by 13.8 per cent.

SEE page 2B

Baha Mar’s ‘high
stakes’ caused
$25m legal bill

* Harrah’s says ‘enormous
scope’ of Cable Beach
developer’s $289m damages
claim resulted in its $12m
legal bill, which Baha Mar
must now pay

* Gaming giant says it only
employed more attorneys
than Baha Mar during three
of 20 months litigation
lasted

* Scotiabank and Baha Mar
still fighting to come to loan
resolution

By NEIL HARTNELL
Tribune Business Editor

Baha Mar’s decision to
expand legal action against
Harrah’s Entertainment into
“high stakes litigation with
enormous scope” via a $289
million damages claim result-
ed in the collective $25 million
legal costs incurred, its former
partner in the $2.6 billion Cable
Beach redevelopment alleging
it employed fewer attorneys in
17 out of the 20 months they
were before the courts.

Responding to Baha Mar’s
attempt to throw out an inde-
pendent referee’s report rec-

SEE page 4B

price rises

By CHESTER ROBARDS
Business Reporter
crobards@tribunemedia.net

The Government’s decision
to graduate companies from
the Industries Encouragement
Act and pay 10 per cent
import duties has prompted
one firm to increase prices by
3 per cent, with another in a
fight to keep market share up
against cheaper imported
goods.

A sign inside Blanco
Bleach, observed by a Tri-
bune staffer, said that in
response to the Government’s
2010-2011 Budget move, the
company had increased the
price of its bleach and other
products by 3 per cent. No
one at Blanco could be con-
tacted for comment.

Bapak owner, Glen Rogers,

SEE page 2B

SEPTEMBER 22,



2010

SECTION B ¢ business@tribunemedia.net

By NEIL HARTNELL
Tribune Business Editor

IT “goes without saying”
that the Bahamas has been
lax in protecting copyrighted
works, private sector officials
told Tribune Business yester-
day, the charges levied against
the nine Bahamian straw ven-
dors arrested in New York
the latest episode to suggest
this nation is “not serious in
enforcing its intellectual prop-
erty rights (PR) obligations”.

Both Khaalis Rolle, the
Bahamas Chamber of Com-
merce’s president, and the
organisation’s executive direc-
tor, Winston Rolle, said this
nation needed to become
increasingly aware of copy-

SEE page 4B

$1.8m ‘template’
for construction's
FDI involvement

* Joint BT VI/BCA proposal
aiming to train 1,000
tradesmen and 500
contractors to participate in
Baha Mar over 18-month
period

* Contractor president says
foreign developer agree-
ments ‘lacked’ clauses
mandating financing of
training programmes

By NEIL HARTNELL
Tribune Business Editor

The joint
venture train-
ing programme
designed to
maximise
Bahamian con-
struction indus-
try participa-
tion in the $2.6
billion Baha
Mar project is
intended to be
a “template”
for all future major foreign
direct investment (FDI) pro-
jects, with $1.8 million cur-
rently being sought over 18
months to help train 1,000
tradesmen and 500 contrac-
tors.

Stephen Wrinkle, the
Bahamian Contractors Asso-
ciation’s (BCA) president,
told Tribune Business yester-
day that the organisation was
still awaiting a response from
Prime Minister Hubert Ingra-
ham and the Government to
the training proposal that it
submitted jointly with the
Bahamas Technical and

SEE page 4B

Stephen
Wrinkle



a

* Arrests and charges
levied against straw
vendors latest episode to
suggest Bahamas ‘not
serious in enforcing its
intellectual property
rights obligations’

* WTO and trade
agreements set to
change that, private
sector warns

* Chamber executive
fears Bahamas will wait
‘until last minute’ to
move on copyright, and
urges local businesses
and artists to protect
themselves

* Education key, he says,
to understand why IPR
necessary to protect
existing revenues and
profits



Photo: Tim Clarke/Tribune staff
TOURISM DRAW: The Straw Market. Nine straw vendors have been arrested in New York.

The information contained is from a third
party and The Tribune can not be held
responsible for errors and/or omission
from the daily report



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Year-end target
for $25 million
wind-up close

Mi Some 80 Caledonia clients awaiting
return of $9.134m

Wi Liquidator still seeking court order
to approve increase in client assets
retained from 2% to 4.5%

By NEIL HARTNELL
Tribune Business Editor

The liquidator for a former Bahamas-based broker/deal-
er that collapsed due to a $25 million trading hole is aiming
to “finalise all outstanding matters before the end of 2010”,
with some $9.134 million still to be returned to some 80
fiduciary clients.

Anthony Kikivarakis, the Deloitte & Touche (Bahamas)
accountant and partner, said he had continued to act as
the court-supervised liquidator for Caledonia Corporate
Management despite being instructed by the Supreme
Court’s deputy registrar, Ernie Wallace, to stop working until
a new judge was appointed to oversee the case and approve
payment of fees owing to him.

Tribune Business understands that a hearing has been
scheduled before Justice Stephen Isaacs for next week, dur-
ing which Mr Kikivarakis will seek an order allowing him to
retain a further 2.5 per cent of client assets - roughly $1.675
million - to meet the liquidation’s costs.

Alleging that, with Caledonia insolvent, there was just a
balance of $40,000-$50,000 remaining in the clients’ securi-
ty account to finance his work, the initial 2 per cent of client
assets paid in virtually exhausted, Mr Kikivarakis said he had
already “foreshadowed my application to the court for an
increase of the 2 per cent to 4.5 per cent”.

The 2.5 per cent difference will come from a further 8 per

SEE page 3B

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PAGE 2B, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



UT aT

12.3% growth in arrivals

FROM page 1B



Drawing encouragement from the 3.2 per cent growth in
2010 second quarter stopover arrivals from the US, most of that
growth coming in June, the Ministry of Tourism said the air vis-
itor increase took place at a greater pace in the three months to
end-June, as opposed to the first quarter. This was despite US
economic growth slowing in the 2010 second quarter.

As for Canada, stopover arrivals to the Bahamas from that
market increased by 22 per cent during the 2010 second quar-
ter, most of that growth again coming later in the period dur-
ing May and June.

“The percentage of stopover arrivals from Canada grew
more in the second quarter 2010 than in the first quarter,
despite the fact that the Canadian economy had slowed some-
what in the second quarter,” the Ministry of Tourism said.

The only market where 2010 second quarter air arrivals was
down was Europe, which dropped by 5 per cent year-over-
year.

“The increase in air arrivals to the destination in the first and
second quarters of 2010 was due to a number of important
factors such as the strengthening of the US economy, the
strengthening of the Canadian economy, Spring-Break sea-
son, and the joint promotional efforts of the Bahamas Ministry
of Tourism, the Promotion Boards and the private sector,”
the Ministry of Tourism said.

“In 2010, the islands of the Bahamas, in conjunction with the
private sector, launched a new campaign called ‘Free Com-
panion Air Fare’. This campaign allowed visitors to the
Bahamas to save big on flying into the destination and proved
to be very successful in generating interest in the islands. The
Free Companion Air Fare, which ran for most of the months in
the first half of 2010, greatly encouraged visitors to come to the
destination.”

Breaking down the data by destination, the Ministry of
Tourism said stopover arrivals to Nassau/Paradise Island were
up by & per cent in the 2010 first quarter, and 3 per cent for the
three months to end-June 2010.

Meanwhile, Grand Bahama enjoyed something of a turn-
around, reversing a 19.6 per cent fall in 2010 first quarter
stopover arrivals with a 10 per cent increase in the second
quarter. “The dramatic upward shift in stopover arrivals to
Grand Bahama came as a result of strategic repositioning of
incoming resourcesm namely the re-routing of the Bahamas
Celebration from Nassau/Paradise Island to that island,” the
Ministry of Tourism said.

“The introduction of the Bahamas Celebration to the Grand
Bahama itinerary on March 16, 2010, greatly influenced the
increase in the stopover arrivals to the island in the second quar-
ter 2010. Both the Discovery and the Bahamas Celebration
brought in a sizeable amount of stopover visitors to the island.”

And the Ministry of Tourism added: “It is obvious that
tourism can be the driving force to pull the Bahamas out of the
current deep recession. The ingredients to success include cre-
ative marketing strategies, strong partnerships between the
public sector (Ministry of Tourism) and the private sector
(Promotion Boards, hoteliers, Development Boards), and
recovering economies.

“The Bahamas has been through many recessions along
with the rest of the world, and on each occasion, tourism has
been the driving force to pull the islands out of their murky
depths.”

MSC truck plan ‘misunderstood’

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT - The new trucking policy
implemented on Monday by Mediterranean
Shipping Company (MSC) may have been
“misunderstood” by some truckers who
feared the company was attempting to
impose a monopoly.

Last week, several independent truck-
ers and members of the opposition
expressed concern over a notice sent by
MSC to merchants, shipping agents and
brokers in Freeport. PLP MPs Fred
Mitchell and Alfred Sears claimed that the
notice issued by MSC sought to control the
movement of containers at the port, and
increase delivery charges from $120 to $295.

They believed it was an attempt by the
company to monopolise container move-
ments in and out of the Freeport Contain-
er Port by giving exclusive rights to one
trucking service. The new policy was
expected to take effect on Monday.

Kevin Bethel, of Bethel’s Trucking Com-
pany, said the notice he received from MSC
only stated that there would be an increase
in the Freeport destination charge, and it
was going to include trucking.

“Tt did not say it was going to have exclu-
sive rights, it did not say you could not pull
a trailer. I don’t know if they got a different
letter than I got,” he said.

Mr Bethel said a lot of the truckers went
off rumours and speculations instead of
going directly to MSC.

“T did the sensible thing, which I thought
they should have done, too, but they decid-
ed to make noise without going to the

FROM page 1B

said yesterday that factors of produc-
tion costs are mounting, and the now
absent Industries Encouragement Act
incentives have left it fighting to com-
pete. The company manufactures pack-
aging and bottling supplies as well as
water

“Tt has a negative effect on business,”
said Mr Rogers. “It’s very difficult with
the imports. It (Industries Encourage-
ment Act) made it a little easier because
we didn’t have to pay duty on our raw
materials, so it gave us more spread to
lower prices and still make a profit.”

Now, he said, the changes have impact-
ed industriy negatively, as profits tank
with increased costs.

Mr Rogers told Tribune Business when
the increases were announced that
Bapak’s operating costs could increase by
$200,000 per year under the new 10 per
cent duty rate, and that the company’s
pricing structure could take a hit as the

horse’s month,” he said. “When I got the e-
mail I went in and talked with the general
manager (at MSC), and he explained it to
me. What he explained had nothing to do
what these guys making noise about.

“As far as I know they did not go and sit
down and talk with MSC. They went on
what rumours were out there: that (MSC)
was giving one trucking company all the
business and that is not the case, because I
have not been stopped and they are using
me.”

George Williams, of Freeport Transfer
Company, thinks that independent truckers
“misunderstood” the policy.

“MSC has been experiencing a lot of
damage to their containers and they are
trying to limit the amount of people that
can truck their containers,” he told The
Tribune. “There are a number of indepen-
dent drivers...and they are doing a lot of
damage to the containers. The port is open
to everybody and MSC is trying to regulate
and limit the amount of people that can
truck their containers.

Mr Williams said MSC is not allowing
just one company to move their containers.

“As far as I know, there are about five or
six companies and certain individual truck-
ers that can truck for their customers,” he
said. The Tribune attempted to contact
MSC’s office in Freeport, but its phone
number was constantly busy. When we
tried again after Spm, an automated voice
recording came on.

Forrester Carroll, owner of Expert Cus-
toms Brokers, said MSC cannot dictate
who will deliver the containers from the
docks to clients’ premises.

“MSC cannot legally make this decision

Duty end’s
price rises

new tariff is implemented.

He added that the cost of electricity in
the Bahamas was also a major hindrance
to industry, as those businesses pay the
same rates as residential customers and
three times that of competing manufac-
turers in the US. Mr Rogers lamented
that the costs of manufacturing are so
low, and the scale so big, in the US, that
is it almost impossible to compete with
imports without special industrial con-
cessions or industry incentives.

“We’re competing with mainly imports
from the US,” he said. “How many mil-
lion people in Florida? When you tool up
to make a certain product for a market,
the more you put out, the less each piece
costs. It’s expensive for us to buy equip-
ment like they have in Florida, and all of

without the written or verbal agreement
of each and every one of their clients affect-
ed individually,” said Mr Carroll.

According to Mr Carroll, the terms of
MSC’s carriage contract for the cargo is
“dock to dock, which means that that the
limited contract entered into with their
clients only allows MSC to bring clients’
cargo from the docks at the port of origins
to the dock here in Freeport or Nassau.

“The movement from the docks here in
the Bahamas is another contract which
their clients chose to give to one or other of
the truckers, not MSC,” Mr Carroll said.

“MSC can stipulate terms and conditions
on truckers when handling their containers
from the docks to the clients’ premises.
This is a decision that only the client can
make. The legal aspect was not dealt with in
the statement.”

MPs Fred Mitchell and Alfred Sears said
the huge increase in delivery costs will have
to be passed on to the consumers, further
driving up the cost of doing business in
Freeport and in Grand Bahama.

“Even if this huge increase could be jus-
tified, what it means is that the customer
will no longer be able to choose who will
move their goods out of the Container Port.
MSC will have the exclusive right to choose
who will move those goods and set the
price.

“We are advised that MSC already dis-
criminates against various truckers on the
basis of personal considerations. MSC pro-
poses to give only one trucking service the
exclusive right to move those containers
at a price which they will set. This is wrong
and should not be allowed to stand,” they
said.

this hasn’t been taken into considera-
tion. They (Florida manufacturers) have
machines producing one million bottles
of water per day. Here we can produce
only 2,000 per hour.

“The Government needed to get mon-
ey from somewhere and this (imports) is
the area to get it from.”

Mr Rogers said water from the US can
overrun the Bahamian market because
the size of their production lowers the
cost per bottle. Bapak produces only
48,000 bottles per day - a 95 per cent
production disparity.

Marketing officer for Aquapure, Ryan
Knowles, told Tribune Business that the
tariff changes have had a nominal effect
on business this summer. However, he
said the summer busy season might not
show the true loss that could be felt in the
next few month when business slows.

Mr Rogers said the Government has to
focus on manufacturing in order to help
the sector survive. “Until they get serious
about manufacturing, nothing is going
to happen,” he said.

NOTICE OF PROPOSED MERGER

pursuant to

SECTION 75(2)(a)

of the

COMMUNICATIONS ACT, 2009

. The Utilities Regulation and Competition Authority (URCA) hereby
gives notice that on September 17, 2010 a Full Notification for the
proposed merger between Cable Bahamas Limited (CBL) and Systems
Resource Group Limited (SRG) has been submitted to URCA for
approval.

. Under the proposed merger, SRG will be merged with and into CBL
and SRG will become a wholly owned subsidiary of the merged
company.

Under the Communications Act, 2009, URCA shall give any interested
persons a reasonable opportunity to make representations and consider
the representations before forming any opinion or issuing any adjudication
on whether the proposed merger would result in a change of control
that would have or be likely to have the effect of substantially lessening
competition in a market in The Bahamas.

. Under the Communications Act, 2009, URCA is required to issue an
adjudication within thirty (80) calendar days of receiving the Notification,
unless there is a need to open an in-depth investigation. It is necessary
for URCA to receive representations from interested persons well within
the thirty (80) day timeline in order to ensure that such representations
can be considered, analyzed and incorporated into URCA’s deliberations.

. Therefore, URCA will consider all representations on the proposed
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choosing
: . Should URCA determine to reo) an in-depth investigation, it will issue
: its adjudication within ninety (90) calendar days of receiving the

Invented for life Notification.

URCA invites interested persons to submit written representations,

regarding the proposed merger, for consideration, to the Chief Executive

Officer either:

Now available at:

a. by hand, to the office of the Utilities Regulation and Competition
Authority (URCA) situated at the UBS Annex Building, East Bay
Street, Nassau, Bahamas; or

. by mail, to URCA at RO. Box N - 4860 Nassau, Bahamas; or
. by fax, to (242) 393-0153; or
. by email, to info@urcabahamas.bs.

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

Master Technician

APPLIANCES & ELECTRONICS


THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 3B





Pam real
an PemIiVili(y

wind-up close



FROM page one

cent of Caledonia client assets that were placed in trust to act
as a reserve pending the outcome of an investigation by
Mr Kikivarakis into an unexplained $500,000 shortfall.

His application for an extra 2.5 per cent is unlikely to
please many Caledonia clients who are desperate to recov-
er their remaining assets more than two years after the
company was placed into court-supervised liquidation.

Alleging that he had been responsible for 500 Caledonia
clients, including 220 fiduciary clients, Mr Kikivarakis said:
“My role has been two-fold since the liquidation began , that
of a liquidator of an insolvent company and that of trustee
of fiduciary assets, the properties of various trust benefi-
ciaries..

“The company has approximately $40,000 in cash, which
Ihave allocated to pay the expenses of a former employee
of the company and the payment of a computer lease main-
tenance fees, instead of the costs of my agents and I,
although we have a first claim on these.”

Account

Due to the clients’ security account being “virtually
exhausted”, Mr Kikivarakis said he and his staff, plus attor-
ney Alfred Sears of Sears & Co, had “not been paid for the
work done over the past 15 months”.

Yet he added: “I am aware of the concerns of the trust
beneficiaries to have the balance of the assets returned to
them, and to this end I plan to approach the court before the
end of 2010 to have all outstanding matters finalised.”

Mr Kikivarakis listed a variety of reasons for why he had
been unable to return some 80 Caledonia clients’ assets,
totalling $9.134 million, to them.

Another 80 clients have received 90 per cent of their
assets, worth $60.362 million, the remaining 10 per cent
accounting for funds withheld to cover the liquidator’s costs.
Some 89 per cent of client assets had been returned, the liq-
uidator alleged.

Caledonia collapsed into liquidation after suffering an
almost-$25 million trading loss, which resulted when Jit-
ney, its Canadian correspondent broker, sold off assets to
cover an overdrawn margin loan balance that was not col-
lateralised by the client who had created the ‘hole’ in ques-
tion.

That overdrawn balance was in an account operated nom-
inally by a Ron Wyles, whose trading activities were direct-
ed by George Georgiou, a Canadian who has since been of
securities fraud in.

Much of the fraudulent activity was allegedly directed
from the Caledonia account.

Jitney ended up selling off assets belonging to Caledonia
clients other than Wyles/Georgiou because they were all
pooled in one omnibus account with it, with no segregation.
The duo had allegedly been engaged in short-selling, a high-
risk trading strategy supposedly collateralised by so-called
‘penny stocks’, and incurred substantial losses that eventu-
ally sunk Caledonia.

Twitter hack opens
popups, causes havoc

BARBARA ORTUTAY,
AP Technology Writer
NEW YORK

A new way to cause mis-
chief quickly spread through
short-messaging service Twit-
ter on Tuesday morning
before the site could fix the
problem, as mysterious
"tweets" of blocked-out text
propagated themselves and
caused popup windows to
open.

Shortly before 10 a.m.
(1400 GMT), Twitter said on
its "safety" feed on the site
that the attack had been shut
down. It also said it does not
believe that any user infor-
mation was compromised,
rather, the "vast majority” of
the breaches were pranks or
promotions.

The hack had been extra
nefarious because the tweets
activated without being
clicked on — it was enough
for Web surfers to move their
mouse cursors over them. But
it only affected visitors to
Twitter.com. Various third-
party programs used to send
and read tweets, such as
Tweetdeck, were unaffected.

The popups could, though
didn't necessarily, contain
malicious code that could take
over poorly protected com-
puters. The White House's
official Twitter feed — fol-
lowed by 1.8 million users —
was among those affected,
though the offending message

was quickly taken down.

Fittingly for Twitter, which
limits messages to just 140
characters, the virus may have
been among the shortest on
record. According to security
software maker F-Secure
Corp., the shortest virus so
far was just 22 characters long.

Twitter said in a blog post it
was notified of the security
breach at 5:54 a.m. The prob-
lem was caused by something
called "cross-site scripting."
This allowed users to run
JavaScript programs on oth-
ers' computers, turning tweets
different colors or causing the
pop-up boxes to appear.
Some users, Twitter added,
took things a step further and
included code that got peo-
ple's accounts to re-tweet the
messages without their knowl-
edge.

"Tt was like a massive snow-
ball fight that got out of con-
trol," said Ray Dickenson,
chief technology officer at
computer security firm
Authentium.

But while the effects of
Tuesday's mischief were very
visible — such as the pop-ups
— and playful, Dickenson
said that he was worried
because JavaScript can quiet-
ly do more malicious things,
like sending people to sites
that can infect computers.

Security breaches had been
common in Twitter's early
days, but the company has
since worked to beef up its

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vigilance and the problems
have become less common.
Tuesday's hack coincided
with Twitter's ongoing roll-
out of a redesign of its web-
site, which tries to streamline
users’ Twitter feeds and make
it easier to see photos and
videos directly on the site,











without having to click on a
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Twitter said it discovered
and fixed this problem last
month, and that a recent site
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redesign was responsible for
its return.

NOTICE

FREE SEMINAR!!!











All

members of the Public

Workers’ Co-operative Credit
Union Limited, and the general
public, are invited to attend
a FREE LEGAL SEMINAR,









sponsored by

the Educa-

tion Committee of the Public
Workers’ Co-operative Credit
Union Limited to be held on
Friday, September 24th, 2010,
at the Bahamas Co-operative
League Limited, Russell Road,
Oakes Field (next to Wendy’s),
beginning at 6:00p.m.
















Presentations will be made by:
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BTV reserves the right to cancel
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PAGE 4B, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



Lata ore ae ree e203 Ne
Baha Mar’s ‘high stakes’ caused $25m legal bill | Copyright protections ‘straw’ hase

FROM page 1B

ommending that it pay Harrah’s, and its
Caesars Bahamas Investment Corporation
vehicle, $12.174 million to cover the lat-
ter’s legal costs, the gaming giant alleged
before the New York State Supreme Court
that its fees were reasonable in comparison
to those paid by its former partner.

“This case was initiated as a relatively
simple contract action involving a four-
page declaratory judgment complaint by
Caesars Bahamas,” Harrah’s alleged in its
motion. “In response, Baha Mar served a
211-page paragraph answer containing six
counterclaims and third-party claims.

“Among Baha Mar’s claims were causes
of action for fraud and tort, and a request
for specific performance of a $2.6 billion
casino and resort project in the Bahamas.
Baha Mar’s expert eventually alleged eco-
nomic damages of at least $289 million.”

Drawing on the referee’s finding that it
was required to spend “enormous amounts
of time responsively” in relation to Baha
Mar’s documents and witness testimony
requests, Harrah’s alleged: “The enormous
scope and high stakes of this litigation are
independently demonstrated by the $12.6
million in legal fees and litigation costs
incurred by Baha Mar.

“These fees and costs, which the special

referee noted were undisputed, are higher
than the $12.2 million in fees and costs
being claimed by Caesars Bahamas.

“In response to Baha Mar’s unsupported
assertion that Caesars Bahamas’ legal
staffing levels were unnecessary, Caesars
Bahamas introduced into evidence a chart
comparing staffing levels of Baha Mar’s
counsel and Caesars Bahamas. In all but
three of the 20 months covered by the fee
application, Baha Mar’s counsel employed
the same or higher numbers of staff than
Caesars Bahamas’ counsel.”

The chart, which was attached to the
Harrah’s motion, showed that at the litiga-
tion peak in summer 2008, Baha Mar’s
attorneys, Davis, Polk & Wardell,
employed a maximum of 66 attorneys on
the case in June 2008. Harrah’s legal rep-
resentatives, Latham & Watkins, hit their
peak in July 2008, with 59 attorneys.

Harrah’s said the special referee had also
rejected Baha Mar’s objections to specific
entries in its legal billing. Among the work
the Cable Beach developer had identified
as unnecessary was a motion to de-desig-
nate documents that Caesars Bahamas had
allegedly compromised.

In response, Harrah’s said that after two
court hearings it withdrew its opposition
to this Baha Mar motion, something that
reduced legal fees for both sides.

“Moreover, Caesars Bahamas’ change
in position came not as a result of games-
manship, but after this court granted Cae-
sars Bahamas a preliminary injunction pro-
hibiting Baha Mar from filing a separate
fraud action against Caesars Bahamas’ cor-
porate parents in the Bahamas,” Harrah’s
alleged. Baha Mar had sought the de-des-
ignation of testimony expressly to use in
this separate fraud action. Thus, when Baha
Mar was foreclosed from filing suit, Caesars
Bahamas’ concerns about the use of depo-
sition testimony was made moot, and it
withdrew its opposition.”

Caesars Bahamas also withdrew an
amended complaint against Baha Mar on
the grounds that “it would further escalate
the dispute and potentially delay the ulti-
mate resolution of the issues, leading to
greater costs”.

For its part, Baha Mar is alleging that
there is insufficient evidence to support
Caesars Bahamas’ claim that it is owed $12
million in legal fees.

The Cable Beach developer, which is
still working furiously to consummate its
partnership with two Chinese state-owned
entities so that the $2.6 billion project can
proceed, alleged that the special referee
had placed “undue weight” on its legal
costs to help determine those of Caesars
Bahamas.

FROM page 1B

Vocational Institute (BTVI)
some three to four weeks ago.

He added, though, that it
attempted to address some-
thing “lacking” in previous
agreements made between





$1.8 million ‘template’ for construction’s FDI involvement

the Government and major
foreign investors, namely the
absence of any financial con-
tribution by the developer to
training Bahamian contrac-

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tors and tradesmen to partic-
ipate in the project’s con-
struction.

“When we’re talking about
concessions and negotiations,
this should be a natural course
of events, which up till now
has not been the case,” Mr
Wrinkle told Tribune Busi-
ness.

“We're pleased to have had
an opportunity to present a
proposal that could hopefully
be a part of Baha Mar and
any subsequent agreement
with foreign direct investment
operators. One of the things
we’ve found lacking was that
there was no specified or
mandatory funding require-
ment in any of the foreign
direct investment agreements
or Heads of Agreement.

Wonderful

“Baha Mar represents a
wonderful opportunity for the
BCA and stakeholders to pro-
pose a project that could be
used repetitively. We antici-
pate that it could be used as a
template for future foreign
direct investment projects.”

Mr Wrinkle again urged the
Government to move forward
with the passage of the Con-
tractors Bill, as it would pro-
vide the foundation for licens-
ing and certifying all Bahami-
an contractors, and ensure
they operated to globally-
recognised standards.

He described the Contrac-
tors Bill as “a tremendous
asset” for the BCA’s ‘2010 ini-
tiative’, the project to ensure
as many Bahamian workers
and contractors participated
in the potential Baha Mar
construction as possible.

“We've laid out a training
programme for review, and
we have requested funding
for it within the scope of the
approvals process - the Gov-
ernment approvals process -

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for Baha Mar,” Mr Wrinkle
told Tribune Business.

“We prepared a position
paper on it, submitted it to
government and all the rele-
vant stakeholders, and put
together a joint proposal from
ourselves and BTVI to initiate
several training programmes
to prepare the maximum
number of Bahamians to par-
ticipate in the project.”

The BCA president added
that while the training initia-
tive’s scope was initially con-
fined to Nassau, if it was
extended to the Family
Islands the costs were set to
increase.

“We know we can’t do the
training without some fund-
ing,” Mr Wrinkle added. “The
proposal we laid out was at a
bare minimum $1.8 million
over 18 months. That was pri-
marily based on everything
happening in Nassau. If we
extended it to include the
Family Islands, that number
would grow. It’s just a ques-
tion of how much funding
would be available.

“The way the proposal is
currently structured, we were
targeting 1,000 tradesmen and
500 contractors.”

On the contractor front, Mr
Wrinkle said the training
effort was chiefly geared
towards the “small building
contractor” with a labour
crew of three to five individ-
uals. The goal was to get these
contractors “Trade or Divi-
sion certified”, he explained,
getting them specialised in a
particular construction field.

This, Mr Wrinkle said,
would make them more
attractive to foreign develop-
ers and contractors/project
managers, as tenders issued
for major FDI projects were
broken down by trade.

While waiting to see
whether Baha Mar went
ahead, Mr Wrinkle said the
BCA and BTVI were still
moving forward with plans for
their education initiative, so
that they would be in a “go
position” and able to “initi-
ate programmes immediate-
ly”.

“We’re trying to fine tune
everything and get ducks in a
row, so that when they pull
the trigger, we’re ready to
go,” Mr Wrinkle told Tribune
Business.”

FROM page 1B

right’s importance, especially since intellectual property rights
protection was a key component to many of the trade agree-
ments the Government was signing on to - such as the World
Trade Organization (WTO) and Economic Partnership Agree-
ment (EPA).

“Tt’s very simple,” Khaalis Rolle told
Tribune Business. “We are about to sign
on to these agreements, and the complaint
has been levelled before that we’re not
serious in enforcing intellectual property
rights obligations.”

He described the alleged incident involy-
ing the nine Bahamian straw vendors as
“symptomatic” and “just the beginning” of
the adjustments this country would have to
make in respecting and enforcing intellec- L
tual property rights, adding: “That’s the
way the world is moving.”

When asked by Tribune Business whether the Bahamas had
a poor track record on intellectual property rights enforce-
ment, Winston Rolle replied: “Absolutely.”

Evidence to support this assertion comes from the street
corners inhabited by sellers of ‘knock-off DVDs and CDs;
the Bahamas’ previous regular appearance on the US Trade
Representative’s Special 301 reports and other copyright-relat-
ed reports; and, yes, the Straw Market, where for many vendors
the sale of counterfeit designer labels, handbags, wallets and
jewellery to tourists has become their principal source of rev-
enues and profit.

Given the regular trips many vendors allegedly make to
Miami and New York to stock up on these counterfeit items, it
is surprising that none have been caught like this before. The
nine arrests, and subsequent charges, are likely to have some-
thing of a chilling effect on Bahamian straw vendors travelling
to the US to source ‘knock-off and counterfeit items.

It has long been thought that the Bahamian authorities are
reluctant to tackle sellers of counterfeit goods, fearing accusa-
tions that they are preventing people from making a living, espe-
cially during a recession.



Counterfeit

However, among the negative consequences of counterfeit
goods sales are the loss of tax revenue by the Government
and associated public sector entities; the impact on legitimate
businesses, such as movie theatres and music stores; and the fact
that the revenues from such sales have been used to finance
organised crime and, even, terrorism.

Winston Rolle told Tribune Business that the private sector
needed to recognise just how important intellectual property
rights, and their enforcement, were to their future conduct of
business both in the Bahamas and internationally.

“That’s one of the things we need to be very mindful of,
because all businesses in the Bahamas need to look at not just
how they conduct business locally, but internationally with
global businesses,” he explained.

The perception of lax intellectual property rights enforcement
in the Bahamas might impact the export of goods and services
by Bahamian companies, the Chamber’s acting executive direc-
tor added.

“Tf the Bahamas signs on to a number of these trade agree-
ments, it’s going to level the playing field,” Winston Rolle
said. “Persons are going to have parameters in which to conduct
business, and if they’re conducting business outside those para-
meters, they’re going to have to give that consideration.

“T know for a fact that when we sign on to these agreements
there are certain regimes you have to put in place for moni-
toring and enforcing these things. For the private sector, the
major [issues] are going to be related to software develop-
ment and software usage. Some of these things we have to
take care of.”

While intellectual property rights enforcement would not
require a major cultural change, Winston Rolle expressed con-
cern that the Bahamas would, typically, leave reform to the last
minute.

“T think that what’s going to happen, in typical fashion, is that
we’re going to wait for the last minute as opposed to being
proactive and saying, as we go into the New Year: ‘In light of
things pending to take place, what do we need to do, given what
will happen in the future’,” Winston Rolle said.

The Chamber executive said educating the private sector
on copyright and how it affected them was critical, adding:
“Even before we get to enforcement, we need to get to edu-
cation. We need to understand what’s at stake, and only when
we do that will we have appreciation of the need to protect rev-
enue and profit streams that currently exist.”

An IT specialist, Winston Rolle told Tribune Business that an
ongoing concern for software developers such as Microsoft
was whether companies were obtaining the necessary licences
permitting them to use these products.

While the majority of companies obtained these licences,
others did not, and Winston Rolle said: “One of the things
that we have to get to grips with is that companies have estab-
lished operations based on doing it in an incorrect way, so
when the time comes to doing it the correct way, they will see
additional costs they have not factored into the business plan-
ning process.

“It also means that local software developers, or even
Bahamian musicians, must properly register their intellectual
property before someone else gets the idea and steals from you.

“Tt deals with how we conduct business with the interna-
tional community from an acquisition perspective, but also
means we have to be concerned with protecting what we have.”

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM


THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 5B



INTERNATIONAL BUSINESS



Ahmadinejad blames
capitalism for poverty

EDITH M. LEDERER,
Associated Press Writer
UNITED NATIONS

Iran's president on Tuesday
predicted the defeat of capital-
ism and blamed global big busi-
ness for the suffering of mil-
lions, but Germany's chancellor
said market economies were
key to lifting the world's least
developed countries out of
poverty, according to Associat-
ed Press.

The clash of visions at the
UN. anti-poverty summit drew
a line under the stark differ-
ences on easing the misery of
the one billion people living on
less than $1.25 a day.

More than 140 presidents,
prime ministers and kings are
attending the three-day sum-
mit which started Monday to
assess and spur on achievement
of U.N. targets set by world
leaders in 2000. The plan called
for an intensive global cam-
paign to ease poverty, disease
and inequalities between rich
and poor by 2015.

Iranian President Mahmoud
Ahmadinejad, however, never
mentioned the Millennium
Development Goals in his
speech to the 192-member
General Assembly.

Instead, he took aim at capi-
talism and called for the over-
haul of "undemocratic and
unjust” global decision-making
bodies, which are dominated
by the United States and other
Western powers. While
Ahmadinejad didn't single out
any country, he said world lead-
ers, thinkers and global reform-
ers should "spare no effort" to
make practical plans for a new
world order — reform of inter-
national economic and politi-
cal institutions.

"It is my firm belief that in
the new millennium, we need
to revert to the divine mind-
set...based on the justice-seek-
ing nature of mankind, and on
the monotheistic world view...,"
the Iranian leader said in a brief
speech intertwining philosophy
and religion with the current
state of the world. "Now that
the discriminatory order of cap-
italism and the hegemonic
approaches are facing defeat."

Ahmadinejad proposed that
the United Nations name the
coming 10 years "the decade
for the joint global gover-
nance."

Soon afterward, German
Chancellor Angela Merkel, the
world's fourth-largest econom-
ic power, took an opposite tack,
likely speaking for the rest of
the capitalist world.

Stressing that "the primary
responsibility for development
lies with the governments of
the developing countries," she



(AP Photo/Aaron Jackson)

SPEAKING OUT: Iranian President Mahmoud Ahmadinejad speaks at
a summit on the Millennium Development Goals at United Nations
headquarters on Tuesday, Sept. 21, 2010.



INTERNATIONAL
BUSINESS

said the key to economic pros-
perity was good governance
and a flourishing capitalist
economy.

"The countries themselves
must promote the development
of a market economy...for with-
out self-sustaining economic
growth developing countries
will find the road out of pover-
ty and hunger too steep to trav-
el," Merkel said.

The German leader said
international assistance can't
substitute for domestic
resources, warned that "devel-
opment aid cannot continue
indefinitely" and declared that
"support for good governance
is as important as aid itself.”

UN. Secretary-General Ban
Ki-moon has said the world is
"on track" to cut extreme
poverty by half, the No. 1 goal,
though some critics say it's
mainly because of the big
strides in China and India.
Many recent reports show that
the world's poorest countries,
especially in sub-Saharan
Africa, have made little
progress in eradicating poverty.

And in Africa, Asia and
Latin America there also has
been a lack of progress in meet-
ing other key goals: reducing
mother and child deaths,
increasing the number of peo-
ple with access to basic sanita-

tion, and promoting women's
equality. Ban is expected to
launch a new initiative Wednes-
day to spur action on improving
the lot of women and children.

In his speech, Ahmadinejad
did not mention Iran's nuclear
program or the four rounds of
UN. Security Council sanctions
over Tehran's refusal to prove
it is not trying to build a nuclear
weapon. Iran claims it is only
working on nuclear power to
generate electricity.

The subject may be raised
again Thursday when the Gen-
eral Assembly's annual minis-
terial meeting begins.

Russian Foreign Minister
Sergey Lavrov raised the sanc-
tions issue in his speech, say-
ing U.N. sanctions were not
intended to harm ordinary civil-
ians. He voiced "serious con-
cern" at additional sanctions
imposed by individual coun-
tries. The criticism appeared
aimed at the United States, the

European Union, Australia,
Canada, Japan and South
Korea, ‘all of whom have
imposed their own much
tougher sanctions on Tehran.

"We are convinced that such
practice contradicts the efforts
to achieve the MDGs and must
be brought to an end," Lavrov
said, using the initials of the
Millennium Development
Goals.

To counter these threats,
Lavrov said Russia was ready
to help with information and
communication technology "to
bridge the gap between the
developed and developing
countries and — as a result —
to promote global develop-
ment."

President Ellen Johnson Sir-
leaf of Liberia, one of the
world's poorest nations that has
made progress because of the
goals, said Africa "still has far
to go" but if efforts are intensi-
fied “we will, ultimately,
achieve them.”

"My message is this: As we
renew our resolve in 2010, we
must recognize the need for
inclusive economic growth. We
need rapid, stable, and sus-
tained growth that creates jobs,
especially for youth and in sec-
tors that benefit the poor, and
expands opportunities for
women," she said.

Pakistan's Foreign Minister
Shah Mahmood Qureshi said
until a few years ago his coun-
try was on track to achieve a
number of the MDGs, but the
fight against terrorism and the
recent unprecedented flooding
"have changed almost every-
thing."

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N

Tl

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(a) CIPARI LIMITED is in voluntary dissolution under the provisions
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(c) The Liquidator of the said company is Dizame Consulting SA,
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Dated this 23rd day of September, A. D. 2010

Dizame Consulting SA
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PROTEST: Ayton Eller, right, of Brooklyn, holds an Israeli flag in
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Dr. Kendal V.O. Major and staff would like to

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to the practice of Center for Specialized Dentistry
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LEGAL NOTICE

NOTICE

SEB INTERNATIONAL HOLDINGS LIMITED

N OTICEIS HEREBY GIVEN as follows:

(a) SEB INTERNATIONAL HOLDINGS LIMITED is in
voluntary dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000.

(b) The dissolution of the said company commenced on the 10th
September, 2010 when the Articles of Dissolution were submitted
to and registered by the Registrar General.

(c) The Liquidator of the said company is Manex Limited, The
Bahamas Financial Centre, Shirley & Charlotte Streets, Nassau,
Bahamas

Dated this 21st day of September, A. D. 2010

Manex Limited
Liquidator

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TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM
PAGE 6B, WEDNESDAY, SEPTEMBER 22, 2010

THE TRIBUNE



INTERNATIONAL BUSINESS

ee GAR Uae

Tile ASSOCIATED PRESS

A look at economic developments and activ-
ity in major stock markets around the world
Tuesday:

DUBLIN — Ireland sold euro1.5 billion ($2
billion) in government bonds in a closely
watched test of whether international investors
would keep buying Irish treasuries despite the
country's deficit, the biggest in debt-burdened
Europe.

Analysts called the auction a success, not-
ing it attracted bids 5.1 times the amount of
bonds on offer.

Together with solid bond auctions in Spain
and Greece, the sale offered markets reassur-
ance for the moment that Ireland and other
indebted countries were getting some relief
from short-term market pressures.

But analysts cautioned that Ireland had to
pay higher-than-expected interest rates com-
pared to previous bond auctions, reflecting
investors’ fear of an eventual Irish default.

And the higher rates could be an additional
financial burden in coming years.

Shares in Europe dipped. The FTSE 100
index of leading British shares closed down 0.5
percent, Germany's DAX fell 0.3 percent and
the CAC-40 in France ended 0.1 percent lower.

TOKYO — Asian trading was mixed.
Japan's Nikkei 225 stock average surrendered
early gains to close down 0.3 percent as the
country returned from a Monday holiday.

Hong Kong's Hang Seng rose 0.1 percent,
the Shanghai Composite Index inched up 0.1
percent and Australia's S&P/ASX 200 dropped
0.3 percent.

MILAN — Unicredit CEO Alessandro Pro-
fumo was battling for his job after losing sup-
port from a key shareholder, in what some say
is turning into a political battle for control of
Italy's largest bank.

Profumo was seen leaving the bank's Milan
headquarters ahead of an emergency board
meeting in the evening, and analysts say he
may announce his resignation.

"The bank is officially denying reports of a
resignation," spokeswoman Paola Di Raimon-
do said before the meeting was set to begin.

A Unicredit Group foundation, which counts
members of the right-wing Northern League
party on the board, have expressed reserva-
tions about Libya's growing role as a share-
holder, bringing what has been for weeks a
media-fueled confrontation to a boardroom
showdown.

LONDON — Britain's public sector bor-
rowing soared to 15.9 billion pounds ($24.7 bil-
lion) in August, a record for the month and
well above analysts’ estimates.

ATHENS, Greece — About 2,500 protesting
truck drivers, carrying Greek flags and shouting
"shame" and “thieves,” marched to parliament
on the ninth day of demonstrations against
planned labor market reforms.

The new rules will eventually affect a number
of other professional groups, including phar-
macists and civil engineers.

Greece has promised to reform its labor mar-
ket as part of austerity measures agreed in
return for euro110 billion ($144 billion) in res-
cue loans from European countries and the
International Monetary Fund.

VATICAN CITY — Italian authorities
seized euro23 million ($30.18 million) from a
Vatican bank account and said they have begun
investigating top officials of the Vatican bank in
connection with a money laundering probe.

The Vatican said it was "perplexed and sur-
prised" by the investigation.

Italian financial police seized the money as a
precaution and prosecutors placed the Vati-
can bank's director general and its chairman
under investigation for alleged mistakes linked
to violations of Italy's anti-laundering laws,
news reports said.

KUALA LUMPUR, Malaysia — Malaysia
has set an ambitious target of luring $444 billion
of investments over the next decade to become
a developed nation by 2020, but some analysts
warned the plans are unrealistic and may be
hampered by a long-standing affirmative action
policy that favors the ethnic Malay majority.

AMSTERDAM — The Netherlands’ queen
and the outgoing prime minister presented an
austere annual budget that cuts spending on
health care, immigrants, and government work-
ers — a foretaste of more far-reaching cuts
likely to come under the conservative Cabinet
now being formed.

SINGAPORE — Global airlines have
rebounded faster than expected from the reces-
sion after losing nearly $26 billion over 2008 and
2009, the industry association said, raising its
profit forecast for this year.

KUALA LUMPUR, Malaysia — Malaysia is
studying the possibility of letting its currency
trade freely overseas, officials said while play-
ing down the prospect of immediate changes.

ifmey, The Bahamas

Perv

Stocks climb as the
Fed leaves door
t stimulus



David Goldman/AP Photo

KEEPING FOCUS: In this photograph taken Sept. 20, 2010, trader Gregg Maloney looks at his
screens while working on the floor of the New York Stock Exchange, in New York.

STEPHEN BERNARD,
AP Business Writer
NEW YORK

Stocks and bonds rose
Tuesday after the Federal
Reserve said it was ready to
provide more help to the
economy if necessary.

The Fed didn't announce
new purchases of government
debt or other specific mea-
sures to help the economy
now, but it did leave the door
open to such steps in the
future, as investors were hop-
ing.

The central bank said that
inflation remains below lev-
els that indicate a healthy
economy, and that it was
ready to act to provide "addi-
tional accomodation" to sup-
port the recovery, if needed.
That could mean more pur-
chases of Treasury bonds or
other debt, which would keep
interest rates low.

Stocks had been trading
lower ahead of the Fed's
announcement but turned

COMMCIW?EALTH CF THE BAHAMAS
PN THE SUPREME COURT
Comemma [ew and Exp (emai





INTERNATIONAL
BUSINESS

higher in afternoon trading
shortly after the central
bank's statement was
released.

The Dow Jones industrial
average rose 44.50 points, or
0.4 percent, to 10,798.12 in
late afternoon trading. It was
trading slightly lower for most
of the day before the Fed's
announcement came out.

Broader indexes had more

20) CLE gai! Mo.

modest advances. The Stan-
dard & Poor's 500 index rose
1.27, or 0.1 percent, to
1,143.98, while the Nasdaq
composite rose 1.97, or 0.1
percent, to 2,357.80.

The gains extended a three-
week rally that has defied
expectations that stocks
would slump in September,
which is historically a weak
month for stocks. The Dow
is up 7.9 percent so far this
month, and broader indexes
are up even more. The S&P is
up 9.1 percent, the Nasdaq
11.6 percent. Treasurys rose
after the Fed's announce-
ment, sending interest rates
lower.

The yield on the 10-year
Treasury note fell sharply to
2.60 percent from 2.70 per-
cent the day before. Its price
jumped 90.6 cents to $100.18.

The yield is a common
benchmark for setting interest
rates on corporate debt and
mortgages.

SEE STORY ON PAGE7

SE eT ts

ME rT

NEW YORK



Oil prices fell on Tuesday

IN THE MATTER CF All That lot of baad conesiniag about 4,531
sys fect sotuate on the South mde of Rooseveh Avenue and
appeceimanchy 360) feet [iast of Mackey Street, New Prondence, in The
Habaras.

as traders worried whether
demand for energy products
will strengthen as the U.S.
economy continues to strug-
gle, according to Associated
Press.

Benchmark oil lost $1.34 to
settle at $73.52 a barrel on the
last trading day for the Octo-
ber contract on the New York
Mercantile Exchange. Many
traders moved to the Novem-
ber contract, where the price
fell $1.22 to settle at $74.97 a
barrel. Analysts said oil
traders were more concerned
with selling futures contracts
before they expired than
Tuesday's Federal Reserve
meeting. While Fed policy-
makers said they were pre-
pared to provide additional
support for the economy, they
did not announce any specific
stimulus programs.

"T think the market was
really just under pressure all
day because today is the
October crude contract expi-
ration," said Tom Bentz, ana-
lyst at BNP Paribas Commod-
ity Futures in New York. "I
don't really see the connec-
tion to the Fed's statement."

Although the Federal
Reserve's actions are impor-
tant, the record oversupply of
oil and gas is "really starting
to weigh on people's minds,"
said Michael Lynch, president
of energy consulting firm
Strategic Energy & Economic
Research in Winchester,
Massachusetts.

The Energy Department
will release its latest inventory
data on Wednesday. They are
expected to show crude oil
stocks down 1.5 million bar-
rels and gasoline stocks
unchanged for the week end-
ing Sept. 17, according to ana-
lysts surveyed by Platts, the
energy information arm of
McGraw-Hill Cos.

In other Nymex trading in
October energy contracts,
heating oil fell 1.95 cents to
settle at $2.1199 a gallon,
gasoline lost 3 cents to settle
at $1.9196 a gallon and natur-
al gas gained 9.7 cents to set-
tle at $3.919 per 1,000 cubic
feet. In London, Brent crude
fell 94 cents to settle at $78.42
a barrel on the ICE Futures
exchange.

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

This notice is issued to provide Bahamian nationals and other related persons with
information relating to the certification required to serve onboard a ship undertaking
an international voyage as:

An Officer, or

Rating, or

Able Seaman’ Able Seafarer, or

Cook, or

Any other capacity with designated safety, security, cargo operations or

environmental protection duties,

AND IN THE MATTER OF the Pettion of Thelma Parseh Carey.
NOTICE
The Quieting Tides set, 1959 (Ch. 19%)

THE PETTING of Theirea Pamela Carey of Seubrerse: Estates, New loeidence,
in respect-o8 ALL THAT lot containing 4551 sqeare feet siteate South of ooserelt Avenue
and aboot 59) fet Eat of Mackey Street, New Promdeace, The Bahamas, bounded
NORTH by Roosevelt Avenue and romeiag thereun S051 iret on the EAST be Lot 214 in
Prfrom’s Subcbvtion and runming deren (4H) feet and by petin of Loe 215 in Pyfce’s
Sebdivision and ousningy theron 27.28 foot on the SOUTH by property off Henry F. Seer
and running thereon 4.55 feet and on the WEST by property of Robert Thumpson asd
roneung thesean 6.15.

THELMA PAMELA CAREY dims to be the over of the foe comple estate in
pensssnod of the said lad free bom cacenbeances.

AND the petitioner has made application m the Supreme Count of the
Commonwealth of The Fahumas wnder Secuon 3 of the Quicting Tides Act, 1959 to have
her otk: to dhe said lind investigated and the mature and the extent cheneul determined and
dechred in a Cerificate of Tithe to be granted by the Court m accordance with te
petoeivdocs cf de said Act.

NOTICE is hereby giren that any peru or person: having an adverse claim shall
ane of befoee dhe 13° dy of Newember, (LD, 2000 file tn the Supreme Coert and serve oa
the petitioner or the undersigned a sturemeet of his claim in the poesoribed form verstied bbe
an affidavit to be filed thesewith. Failare of any such posson to fle any such chim on or
before the 17° day of November, (0. 2010 shall persis asa har tm such clare,

A COPY of the fled plan ray be iapected at

1. The Regfsry of the Supreme Ceuct, Fast Stret, Nassne, Bahamas

All parties shall note that an international voyage is any voyage to a port or port
facility outside The Bahamas.

All persons should note that in accordance with The Bahamas Werchan Shipping, The
Bahamas Merchant (Training, Certification, Manning & Watch-keeping) Regulations,
Merchant Shipping (Certificate af Competency as A.B.) Regulations and The Bahamas
Merchant (Certificate as Cook) Regulations, all persons shall be duly certificated to
undertake the required role prior to sailing onboard the ship.

All Officers, Ratings and Able Seaman/Able Seafarer are required to be certificated in
accordance with the International Convention on the Standards of Training,
Certification and Watch-keeping for Seafarers as amended (STCW). All persons
assigned designated safety, security and environmental protection duties shall satisfy
the relevant requirements of STCW. All persons shall:

be a minimum of 16 years of age, and

hold a valid medical fitness certificate valid for a period of not more than two

(2) years, and

provide documentary evidence of any STCW training, and

provide documentary evidence of seagoing service. This should only relate to

service Whilst actually onboard a vessel and discharge records or details from

a seaman record book may be utilised as evidence.

Applicants, who comply with the STCW requirements, may apply to the Bahamas
Mantime Authority for the relevant STCW certification, All applications will be
assessed taking into consideration the STC'W requirement and attendance at a BMA

Si ice ji wi ies : ; ‘i 1 Miriam |. Cusiag & (Co, 0" Plose, the Peek Building, George Geet, Massan
office will be required for an assessment for initial certification at any capacity.

DATED the 17° day of September, AD. 2000
MIRLAM CURL Ss de CLF,
Ficst Place, The Pack Badiding,
Creare Sure,
Massan, LF, [alamae
Anonmeys for the Peconer

Full details of the application process and the BMA requirements are outlined in
BMA Information Bulletins nos. 103, 104, 118, 119 which are all contained on the
BMA website: www bahamasmaritime.com or queries can be directed to
stcw/abahamasmantime.com


THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 7B



INTERNATIONAL BUSINESS

Fed signals it will take
further steps if needed

JEANNINE AVERSA,
AP Economics Writer
WASHINGTON

The Federal Reserve sig-
naled Tuesday that it is wor-
ried about the weakness of the
recovery and is ready to take
further steps to boost the USS.
economy if needed, according
to Associated Press.

Fed officials said they are
also concerned that sluggish
economic growth could prevent
prices from rising at a healthy
rate.

But at the end of its meet-
ing, the Fed announced no new
steps to try to rejuvenate the
economy and drive down
unemployment. Instead, it hint-
ed that it's prepared to see if
the economy can heal on its
own.

Stock prices, which had been
relatively flat before the Fed's
statement, fluctuated before
returning to about the same lev-
el in late-afternoon trading.



AP Photo/Manuel Balce Ceneta. File

TESTIMONY: In a Thursday, Sept. 2, 2010 photo, Federal Reserve Chairman Ben Bernanke testifies
on Capitol Hill in Washington before the Financial Crisis Inquiry Commission.

The meeting is the last for
the Fed's chief policymaking
group before the Nov. 2
midterm elections. It comes as



AUN ag tat ey Ua




aD aa eee ae a



A comparison of the Federal Reserve's statements from its last meet-




ing on Aug. 10 and the meeting Tuesday.







TREASURY SECURITIES

August: The Fed said it would purchase Treasury bonds with the pro-




ceeds from its maturing holdings of mortgage-backed securities



issued by Fannie Mae and Freddie Mac. The Fed said the action would




keep steady the level of support it was providing to the economy.




September: The Fed says it will continue its policy of reinvesting the




proceeds from its securities holdings and says it is prepared "to pro-




vide additional accommodation if needed" to support the recovery and







keep prices stable.

RECOVERY SPEED

August: "The pace of recovery in output and employment has






slowed in recent months."

September: "The pace of recovery in output and employment has










slowed in recent months."

INFLATION

August: "Measures of underlying inflation have trended lower in




recent quarters and ... inflation is likely to be subdued for some time."




September: "Inflation is likely to remain subdued for some time



before rising to levels the committee considers consistent with its man-








date."
INTEREST RATES

August: Leaves federal funds rate target unchanged at a record low



of zero to 0.25 percent, where it has been since December 2008,




and repeats pledge to keep rates "exceptionally low’ for "an extended





period."

September: Leaves federal funds rate target unchanged and once



again repeats pledge to keep rates "exceptionally low’ for "an extend-



ed period."
ECONOMIC CONDITIONS

August: "Household spending is increasing gradually, but remains
constrained by high unemployment, modest income growth, lower

housing wealth and tight credit."

September: "Household spending is increasing gradually, but
remains constrained by high unemployment, modest income growth,
lower housing wealth and tight credit."

HOUSING

August: "Housing starts remain at a depressed level."

September: "Housing starts are at a depressed level."

DISSENT:

voters are focused on the econ-
omy and the jobs crisis. Polls
show they are likely to punish
Democrats in Washington for
the sluggish economy.

In its statement, the Fed used
the same language it did in
August to sketch a downbeat
view of the economy. It con-
cluded that economic activity
has slowed in recent months.
And it warned that the pace of
growth is likely to be "modest
in the near term" — almost
identical to the assessment it
made a month ago.

But the Fed delivered a
stronger signal that it would
take new steps to lift the econ-
omy. The Fed said it is "pre-
pared to provide additional
accommodation." In its previ-
ous policy statements, the Fed
didn't go that far. Instead, it
had said it would "employ its
policy tools as necessary."

The Fed made clear that giv-
en the economy's weakness, it's
more concerned about prices
falling than rising. It didn't use
the word deflation. But some
economists have raised fears
about the country sliding into a
deflationary spiral. That's a
widespread drop in wages,
prices of goods and services and
the value of stocks and homes.

"They are more worried
about the economy and defla-
tion than I thought they would
be," said Sung Won Sohn, an
economist at the Martin Smith
School of Business at California
State University.

For the sixth straight meet-
ing, Thomas Hoenig, president
of the Federal Reserve Bank
of Kansas City, was the sole dis-
senter.

At Tuesday's meeting, the
Fed once again left a key short-
term rate near zero, where it
has been since December 2008.

It also repeated a pledge to
hold rates at those ultra-low
levels for an "extended peri-
od."

If the economy keeps losing
momentum, the Fed will be
likelier to provide relief at its
next meeting on Nov. 2-3 or at
its last regularly scheduled ses-
sion of the year on Dec. 14.

Debt

Chairman Ben Bernanke last
month indicated a preference
to launch a new program to buy
large amounts of government
debt. Such a move would be
intended to lower already low
rates on mortgages, corporate
loans and other debt. The goal
is to entice people and busi-
nesses to spend more, and
thereby strengthen the econo-
my and lower unemployment.

In economic circles, it's
known as "quantitative easing."
That's when the Fed takes
unconventional steps, as it did
during the financial crisis, to
inject money into the econo-
my. The Fed does this to lower
long-term interest rates and
help banks lend more. As a
result, the Fed's balance sheet
has ballooned to $2.3 trillion,
nearly triple its level before the
crisis.

Even if the Fed were to do
that, economists don't think it
would be enough to increase
economic growth much.
Already low long-term rates
haven't managed to get Amer-
icans to spend much more.
Both companies and individuals
have been cautious as they
rebuild their finances and pare
debt.

Still, even with no guarantee
that reducing long-term rates
would stimulate the economy,

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public

is hereby advised that |,

EDENLYNN

SHANIKA LEWIS # 7 Montego Road, Royal Bahamia,
intend to change my child’s name from ANASTASIA

FLOREASE
MUNNINGS.

LEWIS to

ANASTASIA _ FLOREASE

If there are any objections to this

change of name by Deed Poll, you may write such

objections to the Chief Passport Officer,

P.O.Box

N-742, Nassau, Bahamas no later than thirty (80) days
after the date of publication of this notice.



BREAKING NEWS: Two television networks, seen in the Goldman

Henny Ray Abrams/AP Photo

Sachs cubicle on the floor of the New York Stock Exchange,
broadcast the news that the Federal Reserve had left rates
unchanged in their final meeting before the mid-term elections,
Tuesday, Sept. 21, 2010, in New York.

the Fed can't risk its credibility
by standing idly if things wors-
en. Businesses and investors
could lose faith in the Fed and
the economy and be less
inclined to spend. That would
further weaken the economy.

At its last meeting in August,
the Fed took a small step to aid
the recovery: It decided to use
proceeds from its huge mort-
gage portfolio and buy govern-
ment debt. The small amount
involved helped nudge down
mortgage rates. But it would
take a bigger buying binge to
push rates down further.

Sohn predicted the Fed
would start expanding its bal-
ance sheet before the end of
the year.

"Even though they are not
taking any action now, they
have left the door open for
additional action through buy-
ing Treasury bonds and mort-
gage-backed securities,” he
said.

Economic growth slowed in
the second quarter, advancing
at a pace of just 1.6 percent,

compared with 3.7 percent
growth in the first three months
of the year. Growth in the July-
September period is expected
to be similarly weak. That rais-
es the likelihood that the unem-
ployment rate, already high at
9.6 percent, could climb even
higher in the months ahead.

That would be an alarming
development for the Obama
administration, which is already
at risk of losing control of the
House or Senate or both.
Republicans and Democrats
agree there's little the president
and the Democratic Party can
do to change voters’ attitudes
with so little time left before
Nov. 2.

Obama acknowledged the
economic hardships many
Americans are enduring, say-
ing Monday:

"If you're out of work right
now, the only thing that you're
going to be hearing is, when do
I get a job? If you're about to
lose your home, all you're
thinking about is, when can I
get my home?"

Employment
Opportunity

A well-established Law Firm wishes
to employ a competent Attorney
in the area of Litigation. The ideal

candidate should:

¢ Have at least five (5) years
experience and possess a
thorough working knowledge
in Commercial Litigation with
the ability to draft documents and

pleadings.

Working knowledge of collection
and enforcement of judgments

as it relates to credit facilities.
Possess exceptional interpersonal
and communications skills.

Is Proficient in Microsoft Office
Suite applications.

Possesses the ability to work
under pressure and perform as a

team player.

Applications together with
Curriculum Vitae, Diplomas,
Certificates and References should
be sent to:

Attorney
P.O.Box N 7371
Nassau, Bahamas

ROYAL FIDELITY

August: Kansas City Federal Reserve Bank President Thomas
Hoenig dissents for a fifth consecutive meeting, arguing that the
pledge to keep rates low for an extended period is no longer warranted
because it could lead to a build-up of future imbalances. He also reg-
isters his dissent at the decision to prevent the size of the Fed's hold-
ings of longer-term securities from shrinking.

Money 28 Werk

BISX LISTED & TRADED SECURITIES AS OF:
TUESDAY, 21 SEPTEMBER 2010
BISX ALL SHARE INDEX: CLOSE 1,500.52 | CHG 0.01 | %CHG 0.00 | YTD -64.86 | YTD % -4.14
FINDEX: CLOSE 000.00 | YTD 00.00% | 2009 -12.31%
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320

__ September: Hoenig dissents for a sixth consecutive meeting, object- SN Tee ose so Sao et
ing both to the pledge to keep interest rates low and the reinvestment . 9.67 Bahamas Property Fund 10.63 10.63 0.00

0.013
i < z 7 4.50 Bank of Bahamas 4.90 4.90 0.00 0.598
of the proceeds from the Fed's holdings of mortgage-backed securi- : 0.18 — Benchmark 0.18 0.18 0.00 -0.877
. ¥ S.15 Bahamas Waste S15. 3.15 0.00 0.168
ties. : 2.14 Fidelity Bank 2.17 2A7 0.00 0.016
9.62 Cable Bahamas 10.77 10.77 0.00 41212
2.50 Colina Holdings 2.50 2.50 0.00 0.781
5.40 Commonwealth Bank ($1) 6.28 6.28 0.00 0.422
1.63 Consolidated Water BDRs 1.82 1.83 0.01 0.111
1.60 Doctor's Hospital 1.90 1.90 0.00 0.199
5.94 Famguard 6.07 6.07 0.00

LEGAL NOTICE : aso Fae es a ss 003

Previous Close Today's Close Change

0.287
FirstCaribbean Bank 9.74 9.74 0.00 0.645
3.75 Focol (S) 5.46 5.46 0.00 0.366
0.000
0.012
0.883
0.355

1.00 Focol Class B Preference 1.00 1.00 0.00
5.00 ICD Utilities 5.59 5.59 0.00
9.92 J. S. Johnson 9.92 9.92 0.00
10.00 Premier Real Estate 10.00 10.00 0.00
BISX LISTED DEBT SECURITIES - (Bonds trade on a Percentage Pricing basis)
Symbol Last Sale Change Daily Vol. Interest
BAH29 99.46 0.00 6.95%
FBB17 100.00 0.00 7%
100.00 0.00 Prime + 1.75%
Fidelity Bank Note 13 (Series C) + FBB13 100.00 0.00 T%
Fidelity Bank Note 15 (Series D) + FBB15 100.00 0.00 Prime + 1.75%
RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)
Symbol Bid & Ask & Last Prine Daily We.
Bahamas Supermarkets 5.01 6.01 14.00
RND Holdings 0.35 0.40 0.55

International Business Companies Act
(No. 45 of 2000)

52wk-Hi__52wk-Low Securit
Bahamas Note 6.95 (2029)
Fidelity Bank Note 17 (Series A) +

Fidelity Bank Note 22 (Series B) +

20 November 2029
19 October 2017
19 October 2022

30 May 2013
29 May 2015

FBB22

LEACOCK MANAGEMENT LIMITED

EPS $
-2.945
0.001

Div & P/E
0.000
0.000

Yield
0.00%,
0.00%

Notice is hereby given in accordance with Section
137 (8) of the International Business Companies
Act, No.45 of 2000, the Dissolution of LEACOCK
MANAGEMENT LIMITED has been completed,
a Certificate of Dissolution has been issued and the
Company has therefore been struck off the Register.
The date of completion of the dissolution was the 29"

day of December, 2008.

CFAL Securities Ltd. (OQver-The-Counter Securities)
ABDAB 30.13 31.59 29.00
RND Holdings 0.45 0.55 0.55
BISX Listed Mutual Funds

4.540
0.002

0.000
0.000

0.00%,
0.00%,

Fund Name
CFAL Bond Fund
CFAL MSI Preferred Fund
1.4920 CFAL Money Market Fund
2.8522 Royal Fidelity Bahamas G & | Fund
13.0484 Royal Fidelity Prime Income Fund
101.6693 CFAL Global Bond Fund
93.1998 CFAL Global Equity Fund
1.0000 — FG Financial Preferred Income Fund
FG Financial Growth Fund
FG Financial Diversified Fund
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 1
Royal Fidelity Bah Int'l Investment Fund Principal
S 2 10.3734
Royal Fidelity Bah Int'l Investment Fund Principal
Protected TIGRS, Series 3 9.1708 -8.29%
4.8105 Royal Fidelity Int'l Fund - Equities Sub Fund 7.5827 -1.74%
a MARKET TERMS
Fi BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00
if 52wk-Hi - Highest closin
fof?

1 £

NAV
1.4904
2.9115
1.5529
2.8624

13.4286
109.3929
100.1833

1.1272

YTD%
3.59%
0.85%
3.02%
-8.16%
0.46%

NAV 3MTH
1.475244
2.926483
1.533976

NAV 6MTH
1.452500
2.906205
1.518097

Last 12 Months %
6.42%
0.23%
4.36%
-7.49%
2.40%

1.4005
2.8266

31-Jul-10
31-Aug-10
10-Sep-10
31-Aug-10
31-Aug-10
30-Jun-10
30-Jun-10
31-Aug-10
31-Aug-10
31-Aug-10

5.20%
-1.52%
B.43%

7.60%
3.56%
5.28%

107.570620
105.779543

103.987340
101.725415

1.0000
1.0000
9.1005

1.0948
1.1275

2.51%
3.37%

6.10%
5.64%
9.5955 2.71% 5.96% 31-Jul-10
10.0000
-3.69% 3.38% 31-Jul-10
9.1708
-8.29%

11.58%

31-Aug-10
31-Aug-10

g price in last 52 weeks

|
oto
aL STs WOE

Ligh Toe,

ghted price for daily volume
ted price for daily volume
m day to day

Today's Close - C
Change - Change i
Daily Vol. - Number raded today
DIV $ - Dividends per share paid in the last 12 months
P/E - Closing price divided by the last 12 month earnin gs
KS) - 4-for-1 Stock Split - Effective Date 8/8/2007
KS1) - S-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

TO DISCUSS STORIES ON THIS PAGE LOG ON TO WWW.TRIBUNE242.COM

Weekly Vol. - Tr volume of the prior week
EPS $ - A comp: eported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

FINDEX - The Fidelity Bahamas Stock Index. January 1, 1994 = 100


THE TRIBUNE

WEDNESDAY, SEPTEMBER 22, 2010, PAGE 9B



eS



The Tribune

‘Taste



Bahamas Culinary Team excels at regional competition



GOLD STANDARD: Team Bahamas ready to go for gold pictured from Left to right: Clement Williams - an executive sous chef at the Atlantis Resort and Casino. Richmond Fowler - the Lyford Cay Club, Wilfred Sands
- Bartender, Lyford Cay Club, Devin Johnson - team manager, professional chef and lecturer, and executive chef Sheraton Nassau Beach Resort, Eldred Saunders - Pastry Chef, lecturer at the Culinary Arts Depart-
ment of the College of the Bahamas. Emmanuel Gibson - executive sous chef 3 at the One and Only Ocean Club, Wendy Miller- Junior chef completing her final year as an apprentice chef with Kerzner Atlantis Resort
and Casino. Gia Wilson - Junior Chef, Head Chef Sheraton Nassau Beach Resort.

By ALESHA CADET
Tribune Features Writer

HE Bahamas Culinary
team walked away with

a gold medal, being
edged out in points by only
Barbados and Trinidad and
Tobago, at the recent 3 day
Taste of the Caribbean Culi-
nary Classics at the Rio Mar
Wyndham Grand Resort in
Puerto Rico.

The event was hosted and judged
by the Caribbean Hotel and Tourism
Association.

Proving that our chefs are the elite
of the region’s culinary teams, the
Bahamas was recognised as one of
the top finalists in the region.

“We are extremely proud of our

team, the way in which they com-
peted, the high quality of their food
and beverage, and how well they
represented their country and their
hotels” said Frank Comito, Execu-
tive Vice President of the Bahamas
Hotel Association and DeAnne Gib-
son, Manager for Culinary Tourism
for the Ministry of Tourism and Avi-
ation. Both organisations sponsored
the team in cooperation with the
College of The Bahamas and the
Bahamas Culinary Association.
Executive Sous Chef Emmanuelle
Gibson from the One and Only
Ocean Club captured an individual
silver medal in the overall chef’s
competition, and finished third over-
all out of 33 chefs vying in that cate-
gory. The other members from the
team finishing in the top twelve and
capturing bronze medals included:
Richmond Fowler from the Lyford

Cay Club and Clement Williams
from Kerzner International.

Eldred Saunders, Chef Instructor
from the College of The Bahamas,
received a bronze medal in the Pas-
try Chef category, coming fourth in
the region. Wilfred Sands from the
Lyford Cay Club received a bronze
medal in the bartender category and
Wendy Miller an apprentice chef
with Kerzner International was
awarded a bronze medal for her
achievement.

This year’s competition also
included a category for Junior Chef.

Competing in international com-
petition for the first time as an alter-
nate and member of the team was
Gia Wilson, from the Sheraton
Cable Beach Resort, who played a
pivotal role during team prepara-
tion throughout the event.

Team Manager Chef Devin John-

son from the Sheraton, who worked
closely with the team over the past
several months commented on the
team’s performance: “The judges
were impressed with our teamwork,
our sense of organisation, our pro-
fessionalism, and the way in which
we blended a variety of foods and
spices to create dishes which were
international but clearly identified
with The Bahamas and the region”.

Chef Devin Johnson told Tribune
Taste: " I think the team learned
from their mistakes, this is the first
time the Bahamas came out on top
gold. It was minor things in the indi-
vidual competition which really cost
our points to drop. And for a rookie
team we did exceptionally well,” he
said.

Mr Johnson added that it was easy
for the team to adapt when they got
there because of the intense training

they did in the Bahamas. " The train-
ing process they did in the Bahamas
helped them excel in the competi-
tion," he said.

He added: "Definitely next year in
Miami, the Bahamas looks to take
the whole show, which will be a first
for the country."

The Taste of the Caribbean com-
petition is sponsored by the
Caribbean Hotel and Tourism Asso-
ciation. The Bahamas team’s partic-
ipation was made possible thanks to
the support of BHA, the Ministry
of Tourism, the Bahamas Culinary
Association and the College of The
Bahamas and team member’s hotels.

Their participation was also made
possible thanks to the generous sup-
port of Bahamas Food Services and
the tremendous support from the
Lyford Cay Club which hosted a gala
fundraising dinner.

ust a few images of what, we the
Bahamas, looked like 40...50...60
years in the past.

Local Sporting Activities

pDeto eo DN iae)
Airbourne on Lake Cunningham

PAM Thy

Left to right; Simion Humes, Fred (Chicken) Taylor, Jason Maxey, Wenty Ford, Fred (Papa) Smith,
Dick Lockhart, Eddy Ford, Rusevelt (Dog) Turner, Sidney (Spoon) Mckinney, Randy Rodgers.
Some of the Bahamas Professional Baseball Players, Major and Minor Leagues in the USA.



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PAGES 10 & 11 © International sports news i

SPORTS



Wa

TRACK
THOMAS SECOND

DONALD Thomas and
Hiromi Takahari both
cleared 2.24 metres in the
men’s high jump Sunday
at the Super Track and
Field Meet in Kawasaki,
Japan. But the Japanese
was declared the winner
on fewer knockdowns.

Thomas, the only
Bahamian to compete in
the meet, had to settle for
second as he prepares for
the Commonwealth
Games in New Delhi,
India, next month. Third
place went to Victor Ninov
of Bulgaria with a jump of
2.21m.

TENNIS
ROLLE
ELIMINATED

IN preparation for the
Commonwealth Games
next month in New Delhi,
India, Marvin Rolle com-
peted at the Costa Mesa
in California where he lost
in the second round of the
qualifying tournament to
American Connor Farren
3-6, 6-4, 6-0.

VOLLEYBALL
GSSSA SCHEDULE

THE Government Sec-
ondary Schools Sports
Association (GSSSA) is

scheduled to kick off its
2010 calendar year with
volleyball on Monday.

The GSSSA is expected
to feature eight teams -
Government High, C I
Gibson, Doris Johnson, C
C Sweeting, C R Walker,
R M Bailey, C V Bethel
and Anatol Rodgers - in
the senior boys and senior
girls divisions.

The junior boys and
girls will also comprise of
eight teams — C H Reeves,
D W Davis, L W Young,
A F Adderley, S C
McPherson, H O Nash,
Anatol Rodgers and TA
Thompson.

When the season opens
on Monday, the seniors
are expected to play every
day at the D W Davis and
C I Gibson Gymnasiums,
starting at 4pm. The
juniors are also expected
to begin on Monday and
play everyday with games
at the R M Bailey and
Thelma Gibson Primary
outdoor courts.

TRACK
HEALTH
WALK-A-
THON

THE Four J’s Enter-
prise is slated to hold the
‘Imagine to Reality’
Health Walk-A-Thon 6am
Saturday, September 25,
starting from Fort Char-
lotte.

The walk will take run-
ners along West Bay
Street to Goodman’s Bay
and east along Bay Street
back to the finish line at
Fort Charlotte. The public
is invited. For more infor-
mation, persons can call
394-8626.





Albert as good year
with Double-A call up

By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

e wasn’t as fortunate

to get the call to

Triple-A, but Albert

Cartwright advanced

a step below in Dou-
ble-A with the Houston Astros’ affil-
iated Corpus Christi Hooks in the
Texas League.

Back home for a week’s break,
Cartwright said he was happy with
getting as far as he did this year.

“Thad my ups and downs, but it was
a good year,” Cartwright said. “For-
tunately, I clicked at the right time so
I could get the call up to Double-A. So
it was a good year for me.”

Cartwright, who turns 23 on Octo-
ber 31, was drafted by the Astros in
the 36th round of the 2007 Major
League Draft. He started out with
Greenville of the Appalachian League
where he played through 2008.

Last year, he got called up to the

BASEBALL

Lexington Legends.
After playing the
beginning of the
season with the
Lancaster Jethawks,
he was then pro-
moted to Double-A
with the Hooks.

In his 35 games
with CC, Cartwright
averaged .229 as he
went 32-for-140
with 15 runs scored.
He also drove in
seven runs, walked 11 times, struck
out 39 times and stole seven bases.

The 5-foot-10, 180-pound second
baseman said based on his perfor-
mance this year, he has to focus a lot
more on getting on base.

“Hopefully if I can do that, it will
get me into the big league (Majors),”
he projected. “But you also always

A CARTWRIGHT



need to work on your defense, if you
want to get better.

“But as long as I can put the bunts
down, get on base, I should be able to
look forward to a good year.”

With his season completed since
September 6 after the Hooks failed
to advance to the playoffs in the Texas
South Division where they finished in
last place at 27-43, Cartwright said
he’s looking forward to the off sea-
son.

“Tm just glad that I didn’t have any
injuries,” he said. “Eventually when I
get back to Florida, I will be working
out in the gym and taking some
ground balls so that I can be ready
for spring training.”

Spring training won’t come until
either March or April, but Cartwright
said he doesn’t intend to play Winter
Baseball. However, if the opportunity
presents itself, Cartwright said he will
gladly play.

Cartwright, a product of Freedom
Farm, who came out of Polk Com-
munity College when he got scouted,

is one of two Bahamians in the Major
League pipeline.

He is joined by Antoan Richard-
son, an outfielder who was called up to
play in the Atlanta Braves’ Triple-A
Gwinnett Braves team in the Southern
League.

When asked how he felt about
Richardson’s achievement, Cartwright
noted: “He did what he had to do to
open up some eyes so he could climb
up the ladder.

“But he’s pretty much the same type
of player as me. He pretty much has to
bunt, get on base and do all that kind
of good stuff so he could set the table
for others.”

Cartwright, however, said the
inevitable is coming. Either Richard-
son or him or both of them will one
day crack the Major League ranks.

“You pretty much just have to go
out there and play baseball,”
Cartwright said. “Once you do that,
you allow the team and the manage-

SEE page 12

Organisers get in gear for first Frank Hanna festival

By BRENT STUBBS
Senior Sports Reporter
bstubbs@tribunemedia.net

SPORTING the new sam-
ples of the “Funky Franks”
fashion line, members of the
organising committee are
gearing up for the first Frank
Hanna October (Harvest)
Festival.

The festival, scheduled for
the weekend of October 28-31
in Morgan’s Bluff, North
Andros, is being named in
honour of businessman Frank
Hanna, the proclaimed
“Major of North Andros.”

Dwain Wallace, assistant
general manager of sales and
marketing at the Broadcast-
ing Corporation of the
Bahamas, said they are
delighted to be partnering
with a number of local busi-
nesses to put on the event,
which will include a number
of activities:

¢ Good Morning Bahamas
show and Immediate
Response (Family Island Fri-



IN LIVING COLOUR: THE first Frank Hanna Festival was launched yesterday with colourful clothes worn by some members of the organising
committee. Shown above is Mr Hanna (center) flanked by committee members and sponsors at Bahamas Ferries.

Photo by Tim Clarke/Tribune staff

days)

¢ Gospel entertainment by
Minister Dwight Armbrister
and Ecclesia Gospel

¢ Cultural entertainment by
Elon Moxey, Geno D, Therez

Hepburn and others

e Wild hog tying and hunt-
ing

e Sunfish sailing

e Three-on-three basketball
tournament with the winner

receiving a $1,000 cash prize
¢ Round Robin Hood
Beach Volleyball Tourna-
ment
e Sunday morning Break-
fast Bowl where everybody is

encouraged to bring their own
bowl and eat all they can.
The sponsors for the festi-
val are Bahamas Ferries,
Western Air, BAIC, Scotia-
bank Bahamas, Burns House,

Ministry of Tourism’s North
Andros Office, North Andros
Local Government/Adminis-
tration and Robin Hood.

SEE page 12

US ambassador, Special Olympics to mark Eunice Kennedy Shriver Day

US Ambassador to The Bahamas
Nicole A Avant, in co-ordination with
Special Olympics Bahamas, are all
set to host a celebration in honour of
Eunice Kennedy Shriver Day (ESK)
in recognition of her commitment to
improving the lives of millions of peo-
ple with intellectual disabilities.

Prime Minister Hubert Ingraham
is expected to issue an official procla-
mation marking September 25 as 2010
Eunice Kennedy Shriver (EKS) Day
across the nation.

Join us as we celebrate
the launch and newly renovated
Bahamas Subs & Salads.

lags aa 23rd,

at our seven ae

Charlotte Street / George Street
Blue Hill Road / JKF Drive /
Harbour Boy Shopping Centre
Madeira Street / Town Centre Mall

In addition, Eunice Shriver’s grand-
daughters Eunice and Francesca will
represent the Kennedy-Shriver fami-
ly at the event.

The goals of Avant’s event are to
raise awareness about Special
Olympics Bahamas work and encour-
age all those who call the beautiful
Bahamas their home to commit
Eunice Kennedy Shriver in her hon-
our.

Representatives from Best Buddies
International - a global volunteer

organisation that creates opportuni-
ties for one-to-one friendships, inte-
grated employment and leadership
development for people with intel-
lectual and developmental disabili-
ties — are also expected to attend the
event.

The Bahamas EKS Day event is
slated to be held at Ambassador
Avant’s Liberty Overlook residence
10am to 1pm September 25.

Guests will include more than 150
Special Olympic athletes, coaches,

Special Olympic Bahamas volunteers
and supporters, Special Olympics
family members, US Embassy volun-
teers and representatives from a num-
ber of ministries, including Educa-
tion, Health and Youth, Sports & Cul-
ture.

The three-hour event is set to begin
with a formal opening to include
remarks by Avant, Minister of Youth,
Sports & Culture Charles Maynard
and Basil Christie, national chairman
of Special Olympics.

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PAGE 12, WEDNESDAY, SEPTEMBER 22, 2010

TRIBUNE SPORTS



LOCAL SPORTS



GBPA donates cheque to
Munroe Tennis Academy

CHILDREN from the city
of Freeport have been intro-
duced to the sport of tennis
via summer tennis camps,
lessons and clinics courtesy of
the Munroe Tennis Academy
for the past three years.

Now, 15 students from the
Academy are all set to travel
to West Palm Beach, Florida,
to participate in the 2nd
Annual ‘LaVaughn Munroe
Tennis Tournament’ during
the weekend of October 8-12.

In recognition of the Acad-
emy’s contributions, the
Grand Bahama Port Author-
ity made a recent cheque
donation to assist with the
group’s travelling expenses.

“GBPA is pleased by your
efforts as you use tennis as a
primary motivator to create
programmes which teach pos-
itive, rewarding lessons, build
confidence and provide a
framework of personal disci-
pline for the children of the
Grand Bahama community,”
said vice-president of GBPA
Ginger Moxey, as she com-
mended the Academy’s rep-
resentatives.

Extending well-wishes to
the Munroe Tennis Academy
and its players as they pre-
pare for international compe-
tition, she further reflected on
the similar goals of both their
organisations.

“Your programme seeks to
provide our children with
greater exposure to new skills
and experiences. This likewise
underscores our mission, ‘to
better the lives’ of residents
of the Grand Bahama com-
munity,” Ms Moxey added.

Accepting on behalf of the
Academy was coach BJ
Munroe.





CHEQUE PRESENTATION: GBPA vice-president Ginger Moxey (centre, left) presents a cheque on behalf of Grand Bahama Port Authority to
BJ Munroe, Munroe Tennis Academy coach (centre, right). The donation is in support of travel expenses associated with 15 Grand Bahami-
an athletes scheduled to compete in the 2nd Annual ‘LaVaughn Munroe Tennis Tournament’ in West Palm Beach, Florida.

“We can’t say thank you
enough for the contribution
the Port is making towards
our programme. This dona-
tion will assist with the fund-
ing of transportation costs
associated with the athletes.
Munroe Tennis Academy
offers more than just tennis —
it teaches life skills, leader-
ship development and serves

as a mentorship programme
for our youth on Grand
Bahama Island,” Mr Munroe
said.

Member

LaVaughn Munroe, a for-
mer Bahamas’ Davis Cup
team member, made it his
personal duty to create oppor-

tunities to expose the children
of Grand Bahama to the
game of tennis.

LaVaughn Munroe died
last year and since that time
his family has been working
together to fulfill his dream
of exposing tennis to as many
young Grand Bahamians as
possible. In the Academy,
children are grouped accord-

ing to their ability within their
age group and many kids are
honing their skills and love
for the game each time they
hit the court.

GBPA said it would like to
encourage the citizens of
Grand Bahama to do their
part to keep much needed
programmes like the Munroe
Tennis Academy going.

PLANS were announced yesterday for the first Frank Hanna Festival in North Andros next month. Sponsors and committee members are shown above.
Photo by Tim Clarke/Tribune staff

Organisers get in gear for first Frank Hanna festival

FROM page 13

During a press conference
yesterday at Bahamas Ferries,
representatives from the var-
10US sponsors were on hand
to endorse the festival.

Bahamas Ferries

Darnell Fraser, sales and
marketing manager, said they
are pleased to be a part of the
sponsorship team.

“Bahamas Ferries will offer
some very favourable pack-
ages that would include hotel
and tour packages that would
appeal to a wide cross-section
of persons, so we are encour-
aging families to turn out in
large numbers,” Fraser said.

On the Saturday of the fes-
tival weekend, Fraser said
Bahamas Ferries will be offer-
ing a One-Day Sail Away for
those persons who just want
to stop over and come right
back home.

Western Air

Ricardo Wilson, customer
service manager at Western
Air, said they are pleased to
be the official airline for the

festival. “As a good corporate
citizen, we are pleased to sup-
port this event, which is
designed to uplift the econo-
my of the island,” Wilson
stressed. “We also want to
show our support to Frank
Hanna for all that he has done
for North Andros.”

All Androsians and
Bahamians at large are invit-
ed to attend the event.

Scotiabank

Leah Davis, senior manag-
er of products, marketing and
public relations, said as the
first commercial bank to be
located in the North Andros
Community more than 10
years ago, they are excited to
continue to work hand-in-
hand with the people on the
island.

“This is a very exciting time
for the community and we
will be celebrating with the
Androsians during these
tough economic times,” Davis
stated.

Davis said while she has
never visited Andros, she is

hoping to take advantage of
the opportunity to finally get
to the island known as “The
Big Yard.”

Robin Hood

Sandy Schaefer, president
of Robin Hood, said while
they will be sponsoring the
festival, they will be offering a
number of other specials for
North Andros.

“We will be bringing with
us 100 care packages of food,
which will consist of meat,
poultry, products, grocery for
100 needy families that maybe
suffering during these diffi-
cult economic times,” he said.

Persons in North Andros
will also be invited to pur-
chase some of the specials
that Robin Hood will be
putting on at that time and
for the free shipping on the
Bahamas Fast Ferries.

Interested persons are invit-
ed to call 676-800 for more
details.

Additionally, Schaefer said
they intend to provide some
cash incentives for the Round

Robin Hood Beach Volley-
ball Tournament.

BAIC

Alphonso Smith, repre-
senting BAIC, said they are
more than pleased to be a
part of the festival that could
not have come at a better
time than at Harvest Time.

“Instead of importing fruits
and vegetables to the
Bahamas, they can buy just
about anything at the Frank
Hanna Festival,” Smith said.

“People in Andros are very
excited because Frank Han-
na is a great Androsian. He
is All-Bahamian and he has
taken over my name as the
Major of North Andros. He
deserves it.”

North Andros District

Brian Cleare, chief coun-
selor for the North Andros
district, said the Local Gov-
ernment had a town meeting
and they are also looking at
the possibility of naming one
of their main streets after
Hanna during the festival.

Cleare said they have been

working feverishly to get the
sporting facilities, including
the basketball court and the
regatta site, in tip-top shape.

“T don’t know if it’s because
we are naming this event after
Frank Hanna, or they are
excited because of the finan-
cial spin-off that they are
expecting from this,” he said.
“Whatever the reason, North
Andros is very ready and
excited about this festival.”

Ministry of Tourism

Benjamin Pratt, senior
manager for the Andros
Tourism Office, said the Min-
istry of Tourism views it as a
promotion for the domestic
venue in the Bahamas
because of its close proximity
to New Providence with more
flights, less expensive and the
nation’s most natural
resources and the hospitality
of the people.

“We look forward to wel-
coming all of the people in
New Providence and the oth-
er parts of the Bahamas,” he
said.

Tom ‘The Bird
Grant volleyball
tournament
Starts today

THE third annual Tom
“The Bird’ Grant Pre-Invita-
tional High School Volley-
ball Tournament is expected
to get underway today at the
Kendal Isaacs Gymnasium.

The tournament has nine
boys’ and eight girls’ teams
entered. They will play out
of two pools each with the
top performers in the recent
tournaments taking the top
seeded positions.

In the boys’ division, the
CC Sweeting Cobras, the
winners of the Government
Secondary Schools Sports
Association, will be the top
seed in pool one.

Pool two will have Mt
Carmel, the champions of
the Small Schools Sports
Association, as the top seed.
The defending boys’ cham-
pions is Teleos Christian
School.

C C Sweeting, Mt Carmel
and Teleos will make up this
year’s boys field along with
the C V Bethel Stingrays, St
John’s Giants, Kingsway
Academy Saints, C I Gibson
Rattlers, Doris Johnson
Mystic Marlins and Jordan
Prince Williams Falcons.

On the girls’ side, C C
Sweeting, who won the
GSSSA title last year, will
be the top seed in one pool.
The top seed in the other
pool is Teleos, champions of
the Small Schools Associa-
tion.

CC Sweeting is also the
defending champions of the
tournament. CC Sweeting
and Teleos will play in the
girls’ segment of the tourna-
ment along with C V Bethel,
CC Sweeting, St John’s,
Teleos, Kingsway Academy,
Mt Carmel, C I Gibson and
Doris Johnson.

Legendary Tom “The
Bird’ Grant, a sporting icon
particularly in volleyball and
track and field, said they are
very excited about the teams
that have entered to partici-
pate this year.

“Tm exciting that the
competition will be of a very
high level,” Grant pointed
out. “All of the teams have
indicated that they are excit-
ed about the tournament
and they are eager to start
playing.”

In addition to presenting
awards to the winning
teams, Grant said they have
added an incentive that they
hope will encourage the
players to take their game to
a higher level.

“We want to give our
awards to the setters,”
Grant said. “We want to
encourage the players to
learn to set the ball a little
more. So we will be looking
for the best setters in the
tournament.”

All games during the tour-
nament will be played over
two sets. The games will be
decided at point 19. But if
there is a tie, they will cap
off at 21.

The teams with the best
win-loss records as the tour-
nament is contested each
day will advance to the
championship that is slated
to be played on Saturday.

OA
a

WUT Cea |



FROM page 13

ment to do the rest. We both
know that all we have to do is
play up to our full potential
and once we do that, the suc-
cess to the next level will
eventually come.”

If they do, they will join five
other Bahamians who have
already played in the Majors.
They were Ed Armbrister and
the late Wilfred Culmer, Tony
Curry, Wenty Ford and
Andre Rodgers.

INSIGHT

For stories behind news,
read /asight Mondays

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