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.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
Rights Management:
This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item.
Resource Identifier:
09994850 ( OCLC )
9994850 ( OCLC )

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(oy Pa NOVEMBER 22, aoe

OBITUARIES

and RELIGION

PRICE — 75¢

IN TODAY’S TRIBUNE






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Eight people in custody in
connection with Harl Taylor’s
murder were working

at weekend reception

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

THE eight persons in custody
in connection with the murder of
Har! Taylor are chefs and waiters
who were working at a wedding
reception in the gardens of Mount-
batten House a day before the
designer’s body was found, police
confirmed yesterday.

A source close to thé detainees:
told The Tribune yesterday that
he believes that these eight peo-
ple — seven Dominicans and one
Bahamian — were only taken into
police custody because they were
most likely the last persons to see
Mr Taylor alive.

Mr Taylor, the 37-year-old
designer of exclusive women’s
hand bags, was found stabbed to
death in his Mountbatten House
residence on West Hill Street on
Sunday morning.

The source close to the
detainees claimed that following
the wedding reception on Satur-
day, the group of chefs and waiters
returned to Mountbatten House
on Sunday morning to clean up
the premises.

According to the source, the
Dominican workers resided at
Mountbatten House up until last
Thursday, before they relocated
to Park Manor Hotel: on Market
Street
Chief Supt Glen Miller, officer

in-charge of CDU, yesterday said
that police will seek an extension in
order to hold the seven Domini-
cans and one Bahamian longer for
questioning.

Normally, persons can only be
detained by police for 48 hours
without being changed with a
crime.

However, due to the nature of

SEE page 10

Woman in Intensive
Care after stabbing

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

FREEPORT - A 46-year-old woman who was stabbed in the
neck during an altercation on Tuesday is in the Intensive Care

Unit at Rand Memorial Hospital.

Assistant Police Superintendent Loretta Mackey, press liaison
officer, said a 51-year-old man of Grand Bahama is assisting police
with their investigation into the stabbing.

According to initial reports, the woman, a resident of Lady Lake
Subdivision, was involved in an altercation around 10pm on Tues-
day when she was stabbed on the left side of her neck.

She was taken to the hospital where her condition is listed as

“guarded.”

Police are continuing their investigations into the matter.






CRIME SCEN!



is recommended
TCO Ie UY Ee
shooting death

of Androsian

i By:ALISON LOWE

Tribune Staff Reporter
alowe@tribunemedia.net



IT HAS been recommend-
ed that there be a coroner’s
inquest into the police shoot-
ing death of Androsian Ken-
neth “Kenny” Russell, acting
commissioner of police Regi-
nald Ferguson said yesterday.

“That file has been for-
warded to the coroner’s
court,” said Mr Ferguson.

This comes after police
informed the press a week ago
that their investigation into
the matter had been complet-
ed and forwarded to the com-
missioner for him to make a
decision as to what action, if
any, should be taken against
the police officer who shot Mr
Russell.

Yesterday, retiring Com-
missioner Paul Farquharson
said that he was in fact
unaware of the matter being
sent to the coroner’s court as
he had not been “dealing with
that.” He said he believed that
it was in fact Mr Ferguson or
Assistant Commissioner Elli-
son Greenslade who had
responsibility for that deci-
sion.

A coroner’s inquest is one
of several options that could
have been chosen by the offi-
cers. These also included rec-

SEE page 14












































ace to Mount

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

TODAY marks the first day
that Reginald Ferguson takes
over duties from.Paul Farquhar-
son as acting Commissioner of
the Royal Bahamas Police Force,
after the two completed a tour of
the Bahamas. last week to

~ announce the handover.

Mr Farquharson is now on two

‘months leave to January 18th

when he will return to publicly
carry out the handover as com-
missioner to his successor.
Retiring Commissioner Far-
quharson said yesterday that he is
most looking forward to spending
more time with his family, after
giving 40 years service to the Roy-
al Bahamas Police Force, includ-

Na



aa Lc Reginald ie takes over



ing just one month short of seven
years as police chief, if his time as
acting commissioner is taken into

SEE page 10

Police called after Dr Rudy
King reported missing in LA

LOS ANGELES police were called in last night after Nassau events
organiser Dr Rudy King was reported to have “gone missing” from a top

Beverly Hills hotel.

The colourful impresario and fund-raiser flew into Los Angeles by pri-
vate jet last Friday, checked into the $1,200-a-night penthouse at the Bev-
erly Hilton, then vanished, according to concerned associates.
- Last night, internationally-known numerologist Jerome Carter alerted
Los Angeles police to his disappearance, Maiming he had “bad feelings”

about Dr King’s fate.
“T see him in chains,”

said the man famous for his uncannily accurate

predictions, “I feel he is being held against his will.”
Mr Carter said Dr King was due to appear at a special church service
on Sunday at which he was to have presented one of his international

foundation awards.

However, even though the event was widely publicised, and extreme-
ly well-attended, Dr King failed to appear, forcing organisers to proceed

SEE page 10





ASA
aoe

‘Felipé Major/Tribune staff

TALL eh

Contested voter
‘was not ordinary
resident in the
Pinewood
constituency’

@ By BRENT DEAN
Tribune Staff Reporter
-bdean@tribunemedia.net -

A WOMAN who has been a res-

: ident of Fox Hill for more than a

year, acknowledged through her
testimony in election court yester-
day that she was not an ordinary
resident in the Pinewood con-
stituency for six months prior to
the election.

Jennifer Davis, who is on the
joint list of contested voters by the
PLP and FNM, told the court that
she moved out of Pinewood on
May 19, 2006 to Step Street where
she now resides with her children.

This acknowledgment came dur:
ing questioning by FNM lead coun-
sel Michael Barnett.

SEE page 14
Autopsies on pair killed

- outside Bamboo Shack

have heen completed

AUTOPSIES on the bodies of
the two men killed outside the
Bamboo Shack on Blue Hill Road
on Friday, November 9, have been
completed, finding that only one ot
the men died as a result of being
shot by the off-duty policeman.

The other man died as a result
of injuries suffered when the car in
which the two men were trying to
escape crashed.

SEE page 14







PAGE 2, THURSDAY, NOVEMBER 22, 2007

































































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THE TRIBUNE

Historian: Chipmans face

strong challenge in bid to

secure West

THE Chipman family are to
face a strong challenge in their
bid to secure title to a huge area
of land off West Bay Street. It
comes from a local historian
claiming to be descended from a
British brigadier-general.

The well-known entertainers,
noted for their junkanoo and
fire-dancing skills, risk being pre-
sented with an injunction if they
pursue their plan to occupy the
“Pieces of Eight” site where
their grandfather lived for many
years.

Anthony Cunningham, 44, a
food and beverage manager on
Paradise Island, claims he is the

. rightful heir to the overgrown

site, where a vagrant now lives in
the ruins of the old Chipman
family home.

“If the Chipmans go ahead
with their plan to take over the
site, they will face an injunction,
possible jail and a lot of embar-
rassment,” Mr Cunningham told
The Tribune yesterday.

“There is clear title to this
land dating right back into the
19th century and beyond. The
Cunninghams, not the Chip-
mans, are the rightful owners to
this property and we are going to
pursue our rights.”

Last week, dancer Mitzi Chip-
man told The Tribune that she
and her siblings were intent on
claiming Pieces of Eight and its
surrounding land for future gen-
erations of their family.

They said their white grand-
father, Howard Chipman, a
wealthy merchant who died in
1951, had intended to leave his
estate to the illegitimate black
off-spring of Ethlyn Taylor, a
Long Islander who bore him five
children, including junkanoo
icon John ‘Chippie” Chipman,
Mitzi’s father.

Instead, white rulers of the
day diverted their inheritance
because they felt it inappropriate
that blacks should gain owner-
ship of the huge tracts of land
in the Chipman estate, she said.

Pieces of Eight, she claimed,



christmas Trees

Located in these
shopping centers

Mitzi Chipman



was escheated to the Crown
after the husband of Howard
Chipman’s illegitimate white
daughter, Sheila, made an unsuc-
cessful bid to claim the property.

She also claimed that a will in
which Howard Chipman is said
to have left property to his black
children “went missing”, leav-
ing the estate at the mercy of
white property predators.

She said successive govern-
ments had since then ignored
the Chipman family’s claims to
the estate, leaving them to “live
from pay cheque to pay cheque”
in relative penury.

However, Mr Cunningham
said the Chipmans should aban-
don their claims to Pieces of
Eight, which he said belonged
originally to Brigadier General
Robert Cunningham, a loyalist
who arrived in Nassau follow-
ing the Revolutionary War in
America.

He said the well-regarded offi-
cer turned up in the Bahamas
via Virginia, South Carolina and
Florida, and was granted exten-
sive tracts of land by the Crown
in recognition of his military ser-
vice during the British struggle
against the American rebels.

This property included 350
acres at Fort Charlotte which
embraced the Pieces of Eight




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C

we
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Bay land title

property later occupied - illegal-
ly, according to Mr Cunningham
- by Howard Chipman.

“Howard Chipman was a
squatter,” said Mr Cunningham,
“He had no legal entitlement to
that land and the present Chip-
mans have no documentation to
support their claims.”

He said the Cunninghams,
however, have a properly docu-
mented claim going all the way
back to a black Bahamian called
Jacob, who was born to Robert
Cunningham’s son John and his
black partner.

From Jacob, he said, the line
was unbroken right down to
himself and his siblings, who
have now engaged a lawyer in
an attempt to secure their rights
to the land.

“Chippie and his siblings were
outside children,” said Mr Cun-
ningham, “the moment they
make an attempt to take over
this property they will be hit with
an injunction. I don’t want to
shame this lady, but I want the
true story to be told. If she steps
on this land, she could go to jail.”

Mr Cunningham said the land
had originally been earmarked
for anew ZNS building, but the
dispute over rightful ownership
had scuppered the proposal.

He said his family’s claim had
now been lodged with the Attor-
ney General’s Office and that
he was determined to resist the
Chipmans’ claims.

Last night, Mitzi Chipman
said her grandfather had bought
the land from Mr Cunningham’s
grandfather, and that ownership
rested with the Chipmans, not
the Cunninghams.

She said: “As far as I am con-
cerned, he has no claim at all.
A couple of years ago, he put
up a sign saying that was Cun-
ningham land, but I was right
behind him and took it down.

“T have told him this is Chip-
man land and if he tries to claim
it I will fight it. However, if he

wants to sit down and talk about —€

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THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 3



a a ae ee a en
ombrief Former policeman on remand for 16 |

18 month
sentence
for woman
convicted
of drug
charges

A 28-YEAR-OLD
woman was convicted in
Magistrate’s Court on
Tuesday of cocaine pos-
session charges.

Linda Deveaux
Christie of Bartlette Hill,
Eight Mile Rock was sen-
tenced to serve 18
months in prison on the
charge of possession of
cocaine with the intent to
supply and taking
preparatory steps to
export the drugs.

According to court
dockets, the offences
were committed on Sat-
urday, February 11, 2006
at Freeport, Grand
Bahama.’

Christie was reportedly
found in possession of
2.34 pounds of cocaine.

She was initially
arraigned on February
14, 2006 and placed on
$25,000 bail.

Following the comple-
tion of the trial, Magis-
trate Carolita Bethel
found her guilty.

Christie was also fined
$10,000. Failure to pay
the fine will result in an
additional year in prison.

Man arrested

in connection

with unlicensed
firearm discovery

A 20-YEAR-OLD man
is in police custody after
he was arrested Tuesday
night in connection with
the discovery of an unli-
cv .used firearm.

According to police
press liaison officer Assis-
tant Superintendent Wal-
ter Evans, at around 9pm
police officers were on
patrol in the Marshall
Road area when they
spotted a man walking.

The officers conducted
a search and discovered a
.38 handgun with three
live rounds of ammuni-
tion.

According to Mr
Evans, a 20-year-old man
who lives just off Baillou
Hill Road south was tak-
en into police custody.

Free Flu
Vaccines

FREE Flu Vaccines
will be available at the
FNM Killarney Con-
stituency Headquarters
on Saturday, November
21 from 2pm to 4pm.

All Killarney residents
who would like to be vac-
cinated are welcome, a
spokesperson for the
headquarters said.

The office is the fourth
building west of the
Sandy Port Bridge on
West Bay Street.

The spokesperson said
that constituents can call
327-7006 or e-mail killar-
neymp@gmail.com for

.more information.

US Emhassy
Holiday closure

The United States
Embassy in Nassau will
be closed on Thursday,
November 22, in obser- ,
vance of the US Thanks-
giving Day Holiday.

The embassy issued a
statement yesterday say-
ing it will resume normal
business operations on
Friday, November 23 at
8am.

ia ee
EXTERMINATORS

FOR PEST PROBLEMS
PHONE: 322-2157



Henry Brice
says he’s been
‘imprisoned’

since 1992

A FORMER policeman who
has been on remand for 16
years last night urged authori-

“ties to free him from his bail

obligations.

Henry Brice, 42, a father of
six who is now a bus driver,
says he has been “imprisoned”
on New Providence since he
first appeared before a magis-
trate in 1992. ,

“Please free me — untie my
life,” Mr Brice urged legal
authorities. “Had I been given
a 20-year jail term I would have
been freed by now.”

Mr Brice and three former
police colleagues were charged
16 years ago with conspiring to
murder “police officers
unknown”.

Despite denying the charges,
the men say they have been on
remand ever since without any
real attempt being made to
proceed with the case.

As a result, Mr Brice said he
has been bound by tough bail
provisions and an inability to
travel off the island. “I am
stuck in what is, in effect, a 21
miles by seven prison,” he told
The Tribune yesterday.

Mr Brice said his ordeal has
now embraced three govern-
ments, six or seven attorney
generals and three police com-
missioners — and still he is
unable to get a response.

He said he has met three
attorney generals face-to-face
in a bid to have the case dis-
charged, still without result.

His latest attempt came
shortly after the May 2 general
election this year when he said
he met Attorney General
Claire Hepburn.

“She said she would look
into it and that something

oapallilia

THER

would be done, but I have
heard nothing since then,” he
said, “And that was six months
ago.”

On August 30 this year,
lawyer Roger K Gomez wrote
to the Office of the Attorney
General on the four men’s
behalf, pointing out that the
last hearing relating to the case
was in 2003 when it was remit-
ted to the Supreme Court for
trial.

“The accused men are on
bail but have had to surrender
their travel documents,” wrote
Mr Gomez.

“In particular, our client Mr
Brice has to sign in to Central
Police Station every day as well
as he has to be home between
the hours of 12am to 6am.

“We have been instructed
that police prosecutions has no
interest in this matter and shall
advise the Office of the Attor-
ney General to enter a nolle
prosequi in this matter for all
the defendants.”

Mr Gomez urged that Mr
Brice be allowed to “move
ahead with his life.”

six Henry mae)

ae

years wants freed from bail obligations



So far, however, there has
been no response to this letter
and Mr Brice continues to ful-
fil his bail obligations every
day.

“It has been almost 16 years
and my life has been on hold,”
he said, “I feel that I am the
victim of a massive injustice.
When my family goes abroad, I
can’t go with them.

“I can’t even visit the Family
Islands.”

He said a promising police
career was ruined by the case,
which led to 18 months remand

in custody before bail was

granted.

“Had I stayed in the force I
would have been at least an
inspector by now,” he said,
“Instead I am driving buses to
put bread on the table and am
earning less than half what 1
would have been.”

He said he felt like Cin-
derella. “At 12 o’clock I have
to be home before the pump-
kins turn into mice.”

Calls to the attorney general
just before press time last night
were not. answered.

Bahamians Against Crime call on
country to ‘stop the talk and act’

AFTER what Bahamians Against Crime
described as the “bloodiest weekend in the
nation’s history” when at least five persons
were murdered, the group is calling on the
country to join with them to “stop the talk and

act”.

“The Bahamas must quickly get hold of itself
as it relates to crime and violerice if we are to
avoid plunging into a social crisis of monu- .
mental proportions,” executive director of the
Bahamians Against Crime Rev CB MOSS said .
in response to what he called an “explosion in
homicides that has left the nation reeling”.

He said that it is abundantly clear that no sin-
gle entity can now cope with the problem.

“It is therefore critical that all sectors of this
nation must collaborate to immediately address
this scourge, for it is abundantly clear that the
current course cannot be maintained,” Rev

Moss said.

He said that the situation is very grave, but
cautioned Bahamians not to become paralyzed

by fear.

and we will.

said.

Bahamas.

“Bahamians are a strong and resilient people.
We have the ability to turn the situation around

“It will require all sectors of society to step
up to the plate and do our part,” Rev Moss

-Over the next several months the Bahamians
Against Crime campaign will launch several »
major initiatives to address the crime explosion
including: a day of confession, repentance and
reconciliation and a national ecumenical ser-
vice, an anti crime essay compassion, an anti
crime art competition, a national anti crime
music extravaganza, a father and son assembly,
several community initiatives and a hand hold-
ing demonstration of solidarity across the entire

Rev Moss said that the gravity of the current
situation presents Bahamians with an excel-°

lent opportunity to demonstrate that we are a

THE BEST

proud respectable and responsible people who
take very seriously our commitment to Chris-
tian principles.

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PAGE 4, THURSDAY, NOVEMBER 22, 2007

THE TRIBUNE

em
EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

US friends and foes grab for power

WASHINGTON — While President Bush
has been distracted with his unpopular war
against Iraq, friends and foes are busy grab-
bing power to perpetuate themselves in office.

Among them are Gen. Pervez Musharraf of
Pakistan; Russian President Vladimir Putin;
Venezuelan President Hugo Chavez and
President Mikhail Saakashvili of Georgia.

There is little the United States can do
about the drift toward authoritarian rule.

For Bush, the toughest problem is the Pak-
istani leader who he has called a “friend.”
The two men have established a close rela-
tionship and the U.S. president is not about to
lower the boom on the Pakistani leader who
has received a bundle of U.S. aid since 2001.

Despite Bush’s personal entreaties and a
visit from Deputy Secretary of State John
Negroponte, Musharraf has refused to reverse
his decisions to suspend Pakistan’s constitu-
tion and impose emergency rule, which is de
facto martial law.

Musharraf’s purged court has defended his
decisions and opened the way for him to
serve another 5-year term — this time as a
civilian president.

The ruling is expected to hasten his deci-
sion to relinquish his post as commander of
the armed forces.

Musharraf took power in a coup d’etat in
1999, deposing elected prime minister Nawaz
Sharif. Meantime, opposition leader Benazir
Bhutto, former prime minister of Pakistan —
who was ousted from power twice on accu-
sations of staggering corruption — has called
on Musharraf to resign.

U.S. officials also are concerned about the
safety of Pakistan’s horde of nuclear weapons.

Despite his efforts, the whole Pakistan
episode is taking a toll on Bush’s reliance on
personal diplomacy. Remember when Bush
met with Putin, looked into his eyes and said
he had a “sense of his soul”? Putin’s former
career in the KGB secret police seems to
have escaped Bush in the State Departmen-
t’s Cliff notes.

Under Russian law, Putin must step down
as president next year — but he obviously
finds such an option to be very painful.

The Russian president says he will run in
the December parliamentary elections and
hints that he could come back as a future
prime minister.

Putin has been backsliding on democratic
reforms, taking control of the television net-
works and the oil industry.

He has been criticized by Secretary of State



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Condoleezza Rice for crushing reforms.

Another leader trying to stay on top — his
critics say he wants to be president forever —
is Venezuelan President Hugo Chavez.

Chavez is stridently anti-American, a pos-
ture sure to generate support in some
precincts — but opposition to his autocratic
rule is growing in Venezuela and abroad.

Chavez wants to change the Venezuelan
constitution so that he can be elected indefi-
nitely and expand his control over the econ-
omy.

He has already nationalized the oil,
telecommunications and electricity indus-
tries.

Another close ally — US educated Presi-
dent

Mikhail Saakashvili of Georgia — has
invoked an emergency decree after a police
crackdown in Tbilisi on an opposition demon-
stration. The protesters claimed that the pres-
ident intended to extend the mandate of the
current Parliament.

Saakashvilli has ignored U.S. appeals to
immediately revoke the state of emergency in

his country, located in the Caucasus. An

important fuel pipeline runs in the region
from the Caspian basin through Georgia and
Turkey to serve world markets.

Saakshvilli has called for a presidential
election on January 5 to test support for his
government.

Sometime ago, President Bush mused it
was easier to be a dictator.

He’s right about that. Bush — with pres-
sure from his neo-conservative vice presi-
dent and staff — has himself expanded presi-
dential power in the name of the “war on
terror.”

The power grab-bag of this administration
extends from its warrantless wire tapping to
the president’s outrageous abuse of “signing
statements” that he issues when putting his
signature on new legislation; the statements
are his claims that he won’t be bound by cer-
tain sections of the bill he just signed into
law.

His decision to name as attorney general
retired federal judge Michael Mukasey —
who believes the president is above the law in
wartime — is good insurance for Bush’s pow-
er surge.

Unfortunately, Bush’s actions show that
America is not in a prime position to preach
to friends and foes about abuse of power.

(This article was written by Helen
Thomas of Hearst Newspapers c. 2007).










PROTECTION

Govt



practices are
a cause for
concern

EDITOR, The Tribune

Please allow us the space to

point out what we consider to :

be a few inconsistencies in the
hiring practices of the present
government.

Following the return of the
Free National Movement to
government, officials handed
out letters of termination left
right and centre to persons
hired as Consultants through-
out the Public Service and gov-
ernment ministries.

It was explained that this
process was an attempt by the
government to reduce the
large — and in most cases
unnecessary financial burden
on the Public Treasury.

Many of us thought it was
harsh, but realized that it was
necessary when it was revealed
to us the significant amount of
public funds being paid to
these consultants from the
public purse to do nothing
more than offer advice.

During this past weekend,
we were informed that many
of the same consultants who
had been relieved of their posi-
tions are being rehired by the
Government.

We learnt that this was espe-
cially the case in the Ministry

.of Education, Youth, Sports

and Culture, and the Depart-
ment of the Public Service.

If true, it would be difficult
for the Government to sub-
stantiate its earlier position of
terminating such contracts, and
the explanation given that such
terminations represented the
Government's position that it
wanted to curb excessive and
unnecessary spending.

We would like to point out
our disappointment at the
reinstatement of one person in
particular, who over the past
two weeks has been bragging
to members of the sailing com-
munity that no matter which
Government is in power he
will be in charge of regattas in
the Bahamas.

He is one of the very per-
sons whose contract was not
renewed by the government.

In our opinion the rein-
statement of this individual
will again wreak havoc on this
Government Department.

Because of his past perfor-
mance in this position most
persons involved in the sport
were happy and relieved when
he was terminated.

Also a concern is the oppor-

}
eo;
i
i

From
BURGLARS



LETTERS

letters@tribunemedia.net



tunity of conflict of interest as
he is commodore of one of the
local sailing clubs.

We would like to encour-
age the government to choose
wisely those persons who are
selected as consultants at the

engage part time volunteers
who could offer the same ser-
vices at no cost. If we continue in this fashion
of continuing to allow termi-
nated consultants to be rein-
stated, the Government’s pre-

‘vious explanation of saving the

country hundreds of thousands
of dollars will be rejected —
and rightly so.

Concerned Members of the
Sailing Community

Nassau,







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expense of the public purse.
We would be better off to

Our memories must
not be too short

EDITOR, The Tribune

November 19, 2007.

WHEN we attempt to raise the roof of the House on the
issues of democracy, fairplay and all of the other virtuous exer-
cises that make for the good functioning of\a nation, our mem-
ories must not be too short.

And, as we attempt to carry out the exercise with a “twisted
half-turn” our memories should not be so exclusive. ;

The present Prime Minister suffered greatly under.the previ:
ous administration as the nation went into the last election, and
the high-road expressions that are being proclaimed by the oppo-
sition at this time were not a part of their programme.

I recall when the former administration pulled the plug on
Mr Ingraham’s presentation to the House in 1987; they actually
prorogued the House prior to his presentation; it was speculated
that if he had made his presentation the government would have
changed in 1987 instead of 1992.

However, if we accept that politics is a dirty game, we could say
that they were doing what was reasonable, but, there a certain lev-
el of hypocrisy must be levelled upon persons who “selectively”
go about dispensing what is seen by a watching electorate as
opportunistic episodes that are unplanned, gratuitous and
uncalled for, especially. when there is so much to do following a
major storm.

It would be good for the former administration to put their
brains to work in more constructive exercises and be Her
Majesty’s Loyal Opposition instead of acting like persons who
refuse to get over whatever grief they have imposed on them-
selves as a form of penance for their latest loss.

Bahamians may be excitable and forgiving, but they are not
dumb, they only act like sheep when they want something from
you.

In closing I would like to say that the present travail that the
leader of the opposition is experiencing over the worthless, wut-
less, vutliss exchange could have been avoided if they had suc-
cessfully passed the bill that placed a ban on the use of dialect in
1989.

EDWARD HUTCHESON
Nassau,
November, 2007.

Bahamas Bus & Truck Co., Ltd.

Montrose Avenue
Phone:322-1722 ¢ Fax: 326-7452



CFI



THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 5



0 In brief

Minister heads
delegation to.
UNWTO session

MINISTER of Tourism and
Aviation Neko Grant will head
a delegation from the Bahamas
today to the 17th session of the
United Nations World Tourism
Organisation (UNWTO) gen-
eral assembly in Cartagena de
Indias, Colombia.

Mr Grant will address the
UNWTO assembly on Tuesday,
November 27, attend the vari-
ous ministerial sessions which
end November 29 and discuss
with WTO secretary general
Francesco Frangialli the possi-
bility of collaboration with the
UNWTO to get technical assis-
tance for the Ministry of
Tourism.

Chief among the challenges
facing sustainable tourism ini-
tiatives which the assembly is
expected to address are climate
change, tourism’s contribution
to poverty alleviation and job
creation, the cultural and social
impact of tourism development
and the necessity of good gov-
ernance and a harmonious pub-
lic-private sector partnership.

During the Assembly, Secre-
tary General Frangialli will
report on the state of tourism.

Worldwide tourism brings in
a total of $2 billion daily, repre-
senting 35 per cent of the world
export of services and over 70
per cent in the least developed
countries.

Globally, some 846 million
tourist arrivals were recorded
in 2006 with 1.6 billion arrivals
forecast by the year 2020.

The delegation from the
Bahamas includes the director
general of tourism Vernice
Walkine; director of communi-
cations Gabriella Fraser; and
Earlston McPhee, director of
sustainable tourism in the Min-
istry of Tourism and Aviation.

The Bahamas rejoined the
UNWTO in 2005 when it host-
ed the assembly.

Ministry brings hit TV
show to Family Islands

“ ‘World fans Who'recognised the

Roloffs this August when the
Ministry of Tourism brought
them to Abaco will want to tune
in on Monday, November 26
when the episodes are sched-
uled to hit the airwaves.
Trading in the farm life of
Oregon for the island life of the
Bahamas, the Roloff family
stayed at Abaco Beach Resort
and soaked up many local trea-

sures during their visit as they -

sailed. snorkeled and swam
their way through Abaco along
with trips to Treasure Cay, Fowl
Cay, Toloo Beach, Sandy Cay
and Hopetown.

Among the excursions was a
men’s-only fishing trip co-ordi-
nated by the Abaco Beach
Resort, one-on-one diving
instruction and a spa day for the
ladies at Abaco Club at Wind-
ing Bay.

“Our goal in inviting the
Roloffs to the Bahamas was
two-fold, of course we wanted
to show off the beauty and fam-
ily-friendliness of the Out
Islands to a wide audience but it
was an equal priority to show

.the Bahamas is a welcoming

place to visitors with accessibil-
ity needs,” said Vernice
Walkine, director-general of the
Ministry of Tourism.

Fans of the show might want
to continue keeping an eye out
for the Roloffs. The word on
the street is that both the moth-
er, Molly and the father, Matt
investigated real estate while in
Abaco.







Latest Harl Taylor
handbags ‘sold out’

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

THE authorised Bahamian
retailer of the popular Harl Tay-
lor handbags has completely
“sold out” of his latest collection
since the local designer’s high
profile murder, The Tribune has
learned.

Carol Brown, general man-
ager of the high-end clothing
boutique Coles of Nassau on
Bay Street, told The Tribune
that the chain of stores has sold
out of all of its Harl Taylor
stock.

Coles of Nassau received a
shipment of 12 Harl Taylor
handbags (top right) last Friday,
Ms Brown said, which were
then stocked at the store’s
Lyford Cay location.

After highly publicised
reports regarding the local arti-
san’s brutal murder surfaced on
Sunday, the remaining Harl
Taylor pieces quickly sold out.











































Dominicans
plead guilty
to ‘illegal
fishing’ in
Matthew
Town court



@ By T THOMPSON
Tribune Staff Reporter

THE captain and crew
members of a 50-foot
Dominican fishing vessel
‘Lucky Stripe’ appeared
before a court in Matthew
Town, Inagua yesterday
and pleaded guilty to
charges of illegal fishing in
the Bahamas.

During a joint opera-
tion between the Royal
Bahamas Defence and the
police, authorities
detained the captain and
crew of 34 on board the
vessel at 7am Tuesday
morning on suspicion of
the aforementioned
charges.

The vessel was located
two miles east of Great
Inagua, authorities said.

According to a press
release issued by the
RBDF, a routine search
of the vessel uncovered
300 pounds of scale fish,
110 crawfish, and four
sharks.

Yesterday, Captain
Warlin Guillermo
Rovaina of Manxanillo
pleaded guilty to the
offence of illegally fishing
in the Bahamian jurisdic-
tion and was fined
$56,000. The fishery prod-
ucts found on board the
vessel, all fishing appara-
tus, seven dinghies, and
five compressors were all
confiscated.



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“We have sold every bag, we
do not have any more bags at all
in stock. Everything that I had
in stock was sold immediately
on Sunday and Monday — we
don’t have anything left.”

Local as well as international
requests reportedly poured into
the stores from customers eager
to snap up the pricey bags as
insiders in the fashion industry
predict the pieces will become
collector’s items.

Taylor’s hand-woven bags
made of sisal straw with
mahogany adornments sold
from $275 for a standard “un-
embellished” bag, to up to $800
for a decorated and beaded
piece.

Celebrities such as Oprah
Winfrey, Vanessa Williams, and
Barbara Walters reportedly
own handbags created by Tay-
lor.

Despite the surge in demand,
Ms Brown contended that
prices were not raised at Coles



















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of Nassau.

“No we did not put our prices
up. That is something we would
have never have done.” Ms
Brown said she would consider
it “horrible” for any retailer to
respond in such a way to the
situation.

The Tribune learned that
plans were underway before
Taylor’s death for his pieces to
be featured in an upcoming
fashion show organised in part
by Coles of Nassau at the
British Colonial Hilton on Bay
Street.

In past years, Taylor, along
with other local designers, took
part in the annual fashion event,
which aims to raise funds for
the Bahamas Humane Society.

Due to his murder and all of
his pieces being out of stock,
his designs will not be featured
this year, Ms Brown said. The
show is scheduled for Novem
ber 27.

Harl Taylor, 37, was found
stabbed to death in his Mount-
batten House residence on
West Hill Street by police on
Sunday morning.

A number of controversial
reports have surfaced in the
aftermath of his murder, draw-
ing a correlation between the
discovery of his body and the
death of recently murdered col-
lege professor Thaddeus
McDonald. Dr McDonald was
found on Friday beaten to death
in his home less than a quarter

‘mile away from Taylor’s home.

Police revealed on Tuesday
that seven Dominicans and one
Bahamian are being questioned
in connection with Taylor’s
death.

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PAGE 6, THURSDAY, NOVEMBER 22, 2007
BROWARD COURT: Teron Fowler

Former casino inspector denies cocaine charge



@ By PAUL G TURNQUES!
Tribune Staff Reporte:
pturiquest@triburemedia ict

TERON Fowlci
Gaming Board caste tisy o.
tor, pleaded uot guilty ina

at LObings

- Defendant elects trial by jury °Bail hearing fixed for December 6

States bowler was arrested by
io uy Entorcement Agents
(WEA) on Monday, Novem-
ber 12 when he entered the US

the same day at l1lpm on

American Eagle flight 783 to

travel to Santo Domingo.
Yesterday, Fowler elected to

Broward Court yesterday of ot American Eagle flight 4930. be tried by a jury, and his bail
importing and attempting io \ceording to law enforce- hearing is set to begin before
distribute over tive Kilogiaius — icat agents in the US, Fowler — Magistrate Judge Lurana Snow
of cocaine into the Uniicd hea mtended to leave Miami on December 6.





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He was remanded to the
Broward jail until that time.

Fowler was arrested on a
sealed indictment that dated
from 2006.

The indictment charges that
sometime from November
2006 to, on, or about Decem-

ber 26, 2006, he knowingly
attempted to import, with the
intent to distribute, a con-
trolled substance that con-
tained five kilograms of
cocaine.

If convicted, Fowler, also
known as “Limey”, could face

THE TRIBUNE



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to life imprisonment; a $4 mil-
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five years to life under super-
vised release.

A temporary bond has been
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Patricia Cassells with the
defence in the amount of
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THE CHANGING
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, who is turning trees into sculptures.







Artist
transforms
discarded
trees into
a park of
sculptures

Freeport — Bahamian artist
Antonius Roberts has
embarked on a project to sys-
tematically remove and trans-
form the remains of Casuari-
nas trees uprooted during the
hurricane season of 2004, lin-
ing the shores of beautiful
Taino Beach.

These enormous trees have
become barriers to the free
flow of movement in certain
sections of one of the most
beautiful, natural beaches on
the island of Grand Bahama.

Mr Roberts has begun
removing sections of these dis-
carded trees and is transform-
ing the pieces into sculptures
honouring the spirit of the
Taino Indians, and is mounting
these pieces in areas around
Taino Beach.

Through this process, Mr
Roberts hopes to help restore
the natural beauty of Taino
Beach and transform the
immediate area into a large
sculptural park made up of dis-
carded objects.

On Saturday, November 10,
a group of Sunland High
School Governor General
Youth Award students, under
the supervision of Mrs Laven-
der Roberts, joined Mr
Roberts in cleaning up the
western area of Taino Beach.

This group of students has
pledged to adopt Taino Beach
and conduct a monthly clean-
up campaign.

Mr Roberts extended an
invitation to all special interest
groups, individuals, artists, arti-
sans and especially sculptors
interested in working with dis-
carded wood and stone to join
him in his mission.

WNW

neni SYA





THE TRIBUNE



Mr & Mrs Jorg Heinz designer of the
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Mr Michael Stewart congratulating Mrs
Virginia Evans on thirty years of service



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THURSDAY, NOVEMBER 22, 2007, PAGE 7

Coin of the Realm Ltd Celebrates 30
years in Grand Style

Coin of the Realm Ltd recently held their annual Christmas event. This
year was even more magical than usual as they celebrated 30 years under
the theme of the Bahamian conch pearl. Many customers and suppliers
flew in from around the world to be a part of this memorable evening and
many locals commented on how this was the event that truly started the
Christmas season. —

Coin of the Realm Ltd is famous for its exclusive, unique one of a kind
pieces and this night was no exception. Jewels had come from around the
world including such items as a white carved coral clasp that had been
carved in Italy flown to Switzerland to be set with a conch pearl from the
Bahamas. Australian opals glistened in the magic of the night and then
there was the piece that everyone talked about. “The conch pearl and
diamond necklace” set in platinum that took 5 years to create and consisted
of 7 evenly matched conch pearls set with internally flawless diamonds
that left many customers speechless as they looked on in awe.

There were two pieces specially commissioned for the evening. The first
piece was a Jorg Heinz clasp hand crafted using three colors of gold set
with diamonds and numbered between 1-30. Jorg Heinz clasps are
exclusive to Coin of the Realm Ltd and can be interchanged with pearls,
gold and steel necklaces an ideal gift for the lady that has everything.
The second piece was from the Orbis collection a ring in the shape of a
conch shell with changeable spheres, the spheres can be purchased in
many different gemstones and any color of the rainbow to complete any
outfit.

The store looked amazing so intricately designed in luxurious fabrics and

displays all shades of the conch pearl with each piece perfectly placed

by the talented hands of Mr. Jim Whitehead from Nassau Florists and
Mr. Andrew Parker from Coin of the Realm Ltd. The staff all beautifully
dressed in formal gowns and tuxedos and then there were the flower
arrangements that stopped everyone in their tracks. Custom designed tall
vases filled with conch shells and pink orchids that seemed to be just
floating in air so magically created by Michelle White of Floral Arts who
has been creating special works of art for Coin of the Realm Ltd for
many years.

Customers were also treated to a very festive and colorful junkanoo
parade and you could not help but get the feeling that Coin of the Realm
Ltd is like the Conch pearl a true gem of the Bahamas. When asked what
makes Coin of the Realm Ltd such a success Mr. & Mrs. Stewart said
“that it is the people, Customers who come in as just that but leave as
friends and the staff that come here become family and truly love what
they do”. Mrs. Karen Alliata daughter of the Stewart's went on to add
“We travel all around the world to bring rare finds back to the Bahamas,
we stand behind all our pieces and we train our staff to sell to the best
of their ability ensuring that our customers are happy with their purchases
and enjoy their shopping experience at Coin of the Realm Ltd”.

4

As the evening came to an end you could not but understand why Coin

of the Realm Ltd is proudly celebrating 30 years. There is a magic in the
store, a uniqueness to the gorgeous pieces they sell and something very
rare a standard of service the leaves you wanting to come back for more.

Coin of the Realm Ltd a true gem of the Bahamas...........

Happy 30¢4 Anniversary



The Coin of the Realm Ltd. Team
Karen Alliata, Andrew Parker, Marsha Stewart,
Caroline Thompson, Michelle Coakley, Samantha Darville,
Maebree Johnson, Cathy Moultrie & Virginia Evans





‘ 7
Michael Stewart, Karen Alliata, Marsha
Stewart, Matteo Alliata & Juilete Alliata



— |
Mr. & Mrs. Reiner Engel
Jewellery designer from Germany



Mr. &Mrs. Gavin Geekie
Mr. & Mrs. Peter Adamthwaite



Nicketta Rolle & Montess Johnson



PAGE 8, THURSDAY, NOVEMBER 22, 2007

aM Sab BOATS





meee mae

THE TRIBUNE





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Dolphin House owner welcomes tourism. boom in Bimini.

‘A poem in stone’

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However, this driveway leads
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Resort-goers often find there
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with the resort’s spectacular
beaches, fine dining and regu-
larly scheduled events, but
many can’t resist a quick after-
noon trip to visit the Dolphin
House.

The house is built of mostly
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coral, stone and shells, all found
in Bimini.

Three mosaic dolphins mark
the entrance.

Native plants and shells serve
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Ashley Saunders, . the
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“T wanted a house that does-
n’t look like any other house in
the world,” Mr Saunders said.
“To me, this house is a poem
in stone. It’s something to be
appreciated.”

The inspiration for the Dol-
phin House came from a swim
in the wild in which Mr Saun-
ders encountered several dol-
phins.

The experience, he said,
changed his life and he decided
to dedicate his new home to the
elegant creatures.

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DISTINCTIVE: Ashley Saunders began constructing the
Dolphin House in 1993. Today, two storeys are com-
-plete, but Saunders said he’s got room for a third. (Right)
Ashley Saunders said the addition of Bimini Bay Resort
and Casino is bringing more tourists to Bimini, which
means a greater audience for his Dolphin House.

The first and
second floors of
the house are
complete, though
Mr Saunders can
often be found
crafting some-
thing else to add
to the home’s
quirky appeal.

The interior walls are molded
from seashells, sponges and oth-
er items found lying around the
island. Instead of crown mold-
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House are trimmed with dis-
carded bottles, coins and sea
fans.

_ With new ideas popping into
his head all the time, Mr Saun-
ders said he might never finish
the house.

The former teacher and

“accomplished author on the his-

tory of Bimini is eager to share

his Dolphin House with anyone

who visits Bimini.

With the addition of Bimini
Bay Resort and Casino to the
island, Mr Saunders said the
number of visitors is increasing.
He hopes that trend continues.

“T’ve put a lot of
time into this
house. I built
about 95 per cent
of it on my own,”
he said.

“TI mean this has
taken 14 years of
my life.

“What would be

_ the point if I did-
n’t get to share it
with more peo-
ple?”

"Mr Saunders
said tourism has
long been a top
industry for Bimi-
ni, but growth-has

been slow. /

Since developer Gerardo
Capo began construction on
Bimini Bay Resort, Mr Saun-
ders said the island has become
a bigger draw for tourists.

“This resort could’ve been
built any place on this earth,
and Mr Capo chose Bimini,” he
said. “That tells you Bimini is a
wonderful place with wonder-
ful people.

“Now that the resort is com-
ing along, people here are start-
ing to realise what a great thing
it is: This is the best thing to
happen to Bimini.”

Mr Saunders is looking for-
ward to the completion of the

- resort in the hopes it will bring

more people to Bimini and, in
turn, more people to visit his
Dolphin House. He said the

-island, with its skilled fisher-

men, expert craftsmen and
unique artisans, offers visitors

an experience unlike any oth-..
eeCheots es

Steck
WU





THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 9



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

FREEPORT — Fox Hill MP
Fred Mitchell claims that the
FNM’s failed economic poli-
cies have caused a decline in
the Bahamian economy which
has resulted in an increase in
unemployment.

“The slow down in the
Bahamian economy from 4.5
per cent to 3 per cent amounts
to some $100 million being tak-
en out of circulation in the
Bahamian economy,” he said
at the PLP’s Freeport Head-
quarters on Tuesday. .

Mr Mitchell asserted that the
FNM’s failure to follow
through with the Albany, Baha
Mar, South Ocean, and Ritz
Carlton projects is the princt-
pal reason for the economic
decline.

“The PLP again expresses
grave concerns over the gov-
ernment’s unwillingness to
recognise its error and accept
responsibility for the failure of
its economic policies to date,

and the harm its ill-advised
decisions have caused to the
Bahamian economy and visit-
ed on the lives of thousands of
Bahamians,” he said.

Mr Mitchell said he took
issue with remarks made by
Minister of State for Finance
Zhivargo Laing on Friday,
when he appeared as a guest
on the radio show, “The Way
Forward.”

He said that Minister Laing
claimed that the Bahamian
economy traditionally lags
behind the US economy and
referred to the latest Interna-
tional Monetary Fund (IMF)
report from the Article IV
Mission to the Bahamas in
support of his claim.

Mr Mitchell, however,
reported that while growth in
the US economy declined from
3.9 per cent in 2004 to 2.2 in
2007, growth in the Bahamian
economy steadily increased
from 1.3 per cent to 4.5 per
cent during the same period.

“This was the result of prop-
er economic planning and the
successful execution of sound
fiscal and monetary policies

“The argument, therefore,
being advanced by the FNM is

LOCAL NEWS

Mitchell: FNM’s failed —
economic policies have
increased joblessness

Fox Hill MP takes issue with Finance Minister Laing

inherently disingenuous as
they seek to intentionally mis-
lead the Bahamian public and
deflect from the failures of
their policies and the subse-
quent baneful effects its deci-
sions are having on the
Bahamian economy,” he said.

Mr Mitchell said the
Bahamas is falling behind its
Caribbean neighbours. He
revealed that the average rate
of growth as projected by the
IME for Latin America and
the Caribbean for 2007 is five
per cent.

“At three per cent we are
lagging far behind our neigh-
bours. We are at the bottom
of the region being trailed only
by Jamaica,” he said.

“This sudden turn of events
over the last four months
pomts to the mismanagement
of the Bahamian economy by
this incompetent FNM gov-
ernment and they must accept
responsibility for it and take
immediate corrective actions.”

Mr Mitchell said when the
PLP was in office, tourism
expenditure remained strong
from 2004 when it was at $1.9
billion, to 2005 when it peaked
at $2.025 billion, to 2006 when





Kristaan Ingraham/BIS

COUNTRY sales manager for Esso Keith Glinton presented a cheque to the Minister of State for Culture Charles
Maynard, on November 18 to-help support seed money collection for the participants’ 20th annual Junior Junkanoo
Parade, and as a gesture of continued sponsorship. Pictured, from leit, are director of culture Dr Nicolette Bethel,
Mr Maynard, Mr Glinton, Minister of Education, Youth, Sports and Culture Carl Bethel and senior crafts instruc-
tor and co- DLA of duit Junkanoo Percy “Vola” Francis.



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it was again at $1.9 billion.

He said the PLP facilitated
and sustained a level of capital
inflows which expanded the
construction industry, created
significant employment oppor-
tunities, and stimulated con-
sumerism at unprecedented
rates.

Mr Mitchell stated that for-
eign direct investment totalled
$709 million in 2006 alone, and
more than $350 million during
the first half of 2007.

“This government’s policy
to stop, review, and cancel has
caused a levelling off in the
FDI, a slow down in the con-
struction industry, and a criti-
cal credit crunch as pressure
on the money supply has
caused a spike in the cost of
capital in addition to pressure
to raise the prime rate,” he
said,

On the issue of unemploy-
ment, Mr Mitchell said that a
reduction in economic output
of 1.5 per cent and the removal
of $100 million from circula-
tion in the Bahamian econo-
my is sufficient evidence that
unemployment is on the rise.

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PAGE 10, THURSDAY, NOVEMBER 22, 2007

THE TRIBUNE

















































LOCAL NEWS

Dr Rudy King

uneasy about it. We are scouring the city and Lam now
reporting it officially to the police.

“Staff at the hotel say his clothes, suitcases and
personal belongings are still in place in his room,
which comes with private driver, you name it. I did not
know he rolled that big.”

Mr Carter said: “He didn’t show at the church ser-
vice, he didn’t call and it just doesn’t make sense.
The hotel says everything has remained the same in his
room three days in a row.

“Everything I feel about this is symbolic of someone
being held. There is something not kosher about it. Los
Angeles is not a place to mess around.”

Mr Carter said he knew that Dr King was involved
in a $2 million deal with the Swaziland government.

He himself was recently invited to Nassau to receive
a “global award” at a ceremony hosted by Dr King
and attended by the President of Swaziland.

But he said he didn’t attend because he felt there
was “something not quite right” about it.

Dr King had subsequently flown into Los Angeles
to present the award at Dr Beckwith’s church, with a
congregation running into thousands.

“We had cameras, newspapers and lots of people
there, but Dr King didn’t show up,” he said.

The Tribune tried without success to contact Dr
King’s associates in Nassau last night.

FROM page one
without him.

Now Mr Carter and well-known preacher Dr
Michael Bernard Beckwith, who organised the service,
are anxious over Dr King’s whereabouts.

“We have had the hotel check the room every day,”
said Mr Carter, “All his things are still there
untouched. The bathroom has not been used and his
jewellery ts lying there next to the bed on a side-table.

“T have called every police station and checked
every jail around here and they know nothing. Secu-
rity has been up to his room every day and he is
nowhere to be found.” me

Dr King, who has been involved in controversies in
the past, usually when celebrities have failed to turn up
for his much-publicised “foundation” events, was said
by Mr Carter to be a close friend of both Harl Taylor
and Dr Thaddeus McDonald, who were murdered
in Nassau over the weekend.

When told about the killings, Mr Carter said: “Wow,
I'd heard about those guys. I know their names. Rudy
was a friend of theirs.”

He said Dr King’s apparent disappearance was
deeply disturbing “because he has not checked out of
the Hilton and his room is still clocking up that $1,200
a night.

“He told me he was arriving by private jet on Friday.
I spoke to him after he checked into the hotel, but
since then we have heard nothing. I am feeling really

FROM page one terrorism” he took with him on

the trip two officers, assistant







consideration

“Lam going to enjoy my well
earned pension and spending
some quality time with my fam-
ily.” said Mr Farquharson,
“This will be the first time in

Farquharson

Morocco where he attended his
last Interpo! conference.
Mr Farquharson said that

aside from attending to hear of

“the latest in crime fighting and

commissioner Christopher
McCoy, and Inspector Talinda
Missick, officer in charge of
Interpol to “introduce them to
the key persons...to make sure
there’s a smooth transition.”






















the last 40 years that 'm going
to be off for Christmas and
New Year's.”

His wife also goes on pre-
retirement leave from her posi-
tion in social services as Direc-
tor of Rehabilitative Services,
after 37 years.

Last week Mr Farquharson
and Mr Ferguson visited
numerous islands across the
archipelago to announce the
transition.

“We met with the adminis-
trators, councillors and, of

Murder: wedding staff held

FROM page one

this case and the fact that all but one of the persons in custody is foreign,
Supt Chief Miller said that police will be able to attain an extension to the
48-hour limit.

Due to a risk of flight and because this is a homicide case, he explained,
police will be able to detain the eight people for a maximum of 96 hours
without bringing any charges against them.

Mr Miller, however, said that he could not disclose when those 96 hours
will be up. The group, which includes six Dominican men, one Domini-

6 PASSENGER
LOADED WITH

LEATHER course. our police officers,” can woman and one Bahamian man, was reportedly taken into custody
3 “ INTERIOR said Mr Ferguson. “They are sometime on Monday. Mr Miller said that all of the Dominicans appear
Wk RC the people who work hand in __ to be in possession of the necessary legal documents to be able to work

hand with the police in differ-
ent districts.” Mr Farquharson
said the trip went “very well.”

“We met people to thank
them for their support and
introduce Mr Ferguson as their
new commissioner. | also spoke
to officers themselves in those
areas,” he said.

Asked how he feels about his
new responsibilities yesterday
Mr Ferguson, laughing, said,
“Challenged.”

He added: “But I think, as I
have with everything else, I will
rise to the challenge.”

The latest shift in the upper
echelons of the force come just
over a weck after Mr Far-
quharson. returhed “trom

wy

in the Bahamas, but added that this is still something which is being
investigated by police.

The CDU chief further said that police know whose wedding was
being celebrated at Mountbatten House a day before Mr Taylor’s body
was found, but explained that this information cannot be shared with the
public. Mr Miller could not reveal any further details about the murder
investigation.

The Tribune yesterday reported that police are investigating a possible
“gay connection” between the murders of Mr Taylor and Dr Thaddeus
McDonald, Dean of the Faculty of Social and Educational Studies at the
College of the Bahamas.

According to a well-placed source close to the police, the “gay con-
nection” is one of the angles investigators were pursuing to help them
solve these two high-profile murders.

Dr McDonald. 59, was found dead in his bed in his Queen Street
home on Friday, reportedly beaten “beyond recognition” with a clothing
iron.

Mr Taylor and Dr McDonald were found dead in their homes within
two days of each other. The homes’ of both murder victims were also only
a street apart. ‘

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PAGE 12, THURSDAY, NOVEMBER 22, 2007 THE TRIBUNE

And they called
it puppet love ...

THREE AND EASY: Three Ridgeland Aina) School students, (from left

Shenica Atilus, Richa Simmons and Makia Munroe, participate in the
puppet show before an appreciate audience (right).





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THE TRIBUNE





0 In brief

Haitians flown |
out of Abaco
after round-

up of illegal
immigrants

TWO planeloads of Haitians
were flown out of Abaco yes-
terday following an Immigra- :
tion Department round-up of }
illegal immigrants. i

Islanders were unsure
whether they were destined for
repatriation in Haiti, or for pro-
cessing in Nassau.

“We understand there were
about 55 Haitians altogether,”
said one resident, “they were
rounded up in Hope Town,
Marsh Harbour and Man 0°
War Cay.”

The move followed the recent
appointment of Fosteen Major-
Smith as chief immigration offi-
cer in Abaco.

The resident said: “It seems
this lady means business.”

Government officials recent-
ly began dismantling shanty
homes at The Mud settlement
in Marsh Harbour tollowing
town meetings at which locals
expressed concern over the
growing Haitian population on
the island.

Treat for boxcar
fans on Saturday

BOXCAR enthusiasts at :
Hope Town, Abaco, are look- :
ing forward to Saturday’s annu- :
al race event.

Locals and tourists are
expected to turn out in force
for the boxcar races, in which :
youngsters compete in home- :
made vehicles powered by grav-
ity. A slope in the settlement is
used for this annual contest of :
thrills and spills. :

Youngsters to perform
Broadway numbers

WELL-KNOWN § dance :
teacher Eileen Pelon stages a‘:
children’s production at the :
Marsh Harbour Beach Resort
on Saturday.

The youngsters will pertorm
famous dance numbers from hit
Broadway shows like Annie,





PARADISE ISLAND, BAHAMAS
PRESENTS THE

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CELEBRITY
INVITATIONAL



Celebrity Invitational 2008
VOLUNTEERS NEEDED

Kerzner

recruiting volunteers to assist with the Michael
Jordan Celebrity Invitational Golf Tournament

A NEW women’s network
promoting personal develop
ment through co-operation ts
being launched this month.

On November 27, the [ron
Network will be launched by
founder and CEO Sherika
Brown.

“Tron is a multifaceted net-
work that is designed to help
women to discover their pur-
pose and specific assignment
on earth,” according to Ms
Brown.

“As iron sharpens iron, so a
friend sharpens a friend” — Ms
Brown said this commonly cit-
ed quote “reminds us that rela-
tionships are designed to

ignite, activate and refine our

potential.”

She said the network’s mis-
sion is to connect with, train,
and sharpen women through
leadership and empowerment

-’ LOCAL NEWS

seminars, business expos and
Mentoring programmes,

While the founder said she ts
not ignorant of the needs of
Bahannan men, “lron’s man-
date,” she says, “is to help
women enjoy wholeness in
their personal, professional
and spiritual lives.”

Ms Brown said the launch
of the network comes at a cru-
cial time in Bahamian history
when there is an urgent need
tor leadership programmes
that target disaffected youths.

She said her awareness of
the “vital importance of'a
sense of self” in inspiring con-
fidence and self-esteem that
laid the foundation for Iron.

Ms Brown pointed out that
ihe name suggests strength,
adding that she believes that
Iron Network will allow indi-
viduals to discover how

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“covenant relationships” and
a firm support structure can
help one in fulfitling one’s pur-
pose.
Sherika Brown said she is a
Certified Public Accountant
employed with a leacling bank-
ing institution in the Bahamas.
She is presently a member
of Bahamas Faith Ministries
International and has been
active in her local community,
maintaining several positions
within the Junior Achievement
youth programme.

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THURSDAY, NOVEMBER 22, 2007, PAGE 13



Helping women discover purpose

Iron Network gets ready for November 27 launch eu ae

She has heen a part time
instructorat the Bahamas
Technical and Vocational
Institute (BIVI) and the
Bahamas Baptist Community
College.

The official launch of the
network will take piace at the
British Colortal Hilton at
7.30pm on November 27,

Ms Brown said it is open to

“in keeping with [ron’s man-
date to serve”, will be free of



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THE TRIBUNE

Peer LOCALNEWS
Contested voter

FROM page one

Mr Barnett, who is scheduled to
begin the case for Pinewood MP
Byron Woodside when the PLP
Wraps up in the next few days, ques-
tioned several witnesses on his list,
who were previously instructed to
appear in court yesterday.

PLP lead counsel Philip “Brave”
Davis informed the court before
Mr Barnett’s inquiries with the wit-
nesses that his side was willing to
agree that one of the voters, Joyce-
lyn Collie, was not an ordinary res-
ident of the zonstituency.

This willingness to agree on the
status of voters has been the posi-
tion of the PLP side since last week,
when they offered a deal in which
the parties would agree on who is in
the constituency, who is out, and
debate the remainder. This offer
was not accepted by the FNM and
representatives of the returning
officer of the constituency Herbert
Brown — who had concerns about
voters being disfranchised by mere
agreement and not direct evidence.

Along with this acknowledgment
by Mr Davis, Takera Rolle, also on
the FNM’s list, pointed to an area
on the Pinewood constituency map
north of Sequoia Street that was
just outside the Pinewood bound-
ary line, and in Seabreeze.

Dawn Lewis, counsel from the
Attorney General’s office — who
represents Returning Officer
Brown — also brought documents
to the court yesterday to clarify
questions about the number of
times Gretal Collie appeared reg-
istered on the counterfoil of vot-
ers, and the number of voters cards
that may have been prepared dis-
playing her name and likeness.

On Tuesday, two photocopies of
separate registration cards were
presented to the court for Ms Col-
he, one with a picture, and another
without. Additionally, Ms Collie
provided a voter’s card for the
Bamboo Town Constituency where
she said she voted, which appeared
as if it was the third such registra-
tion document for her. One of the

other documents had her registered
in Pinewood.

Ms Lewis provided the originals
of the counterfoil, advising Senior
Justice Anita Allen and Justice Jon
Isaacs to look at the dates stamped
on the back of the cards, which she
said might shed some light on the
matter.

After examining the originals,
Senior Justice Allen remarked that
the blue card is from 2001, indicat-
ing that one of the cards is from
the 2002 election. However, Senior
Justice Allen said after close exam-
ination of the documents, that now
the court is aware that it is two,
and not three, registration docu-
ments in question.

The question of how many vot-
ers cards were prepared under Ms
Collies likeness, comes after it was
revealed during the testimony of
Deputy Director of Immigration
Lambert Campbell that Jamaican
Manani Taylor, who is a voter
being challenged by the PLP, was
reportedly found in possession of
two Bahamian voters cards.

Landlord Ernest Johnson testi-
fied during the afternoon session
that Lena Mae Cleare, who is being
challenged by the PLP, is a tenant
at his property on Ida Street,
between Robinson Road and Bal-
four Avenue. He said she has lived
there for about a year.

Mr Johnson could not remem-
ber the exact date that Ms Cleare
moved in, but he told the court that
it was probably in September or
October of last year. However, Mr
Barnett pressed him on the specif-
ic date, as November 2, 2006, which
represents six months before the
May 2, 2007 election.

Mr Barnett told the witness that
the BEC records indicate that Ms
Cleare did not have her electricity
turned on until after November in
2006. In response to this, the wit-
ness explained that there was some
delay with Ms Cleare’s electricity
being cut on‘in her name, and this



FROM page one

slashing him about the body.

| Ing them.

air before the chase took place.



-Autopsies completed

The two men came under fire after they were seen by the off-
duty officer attacking a patron of the Bamboo Shack cafe with knives,

The officer got out of a car he was travelling in and, according to
police, identified himself to the attackers as an officer before pursu-

An eyewitness claimed that the officer fired a warning shot into the

The men were then said to have got into a vehicle and attempted
| to escape the area, in the process hitting several other parked vehicles.
It was during,this escape effort that the officer fired shots, one of which
is now known fo have hit and killed one of the men.



ai Gane



did not occur until a few weeks
after she moved in.

Senior Justice Allen released Mr
Johnson until Tuesday of next week
when he will provide the court with ©
the rent receipts he has for Ms
Cleare.

Kevin Basden, GM for BEC
began testimony, during the morn-
ing session yesterday. His testimo-
ny was brief, however, as Mr Bar-
nett did not have a copy of a chart
Mr Basden referred to in court. Jus-
tice Isaacs released him, instruct-
ing him to return on Monday at
10am to give Mr Barnett time to
examine the document.

More than 20 witnesses testified
during proceedings, and Mr Davis,
who is expected to wrap up the
PLP case next week, is scheduled to -
give the court a status report on his
case today when court resumes at
10am.

Coroner’s inquest
is recommended
into the police
shooting death
of Androsian

FROM page one

ommending that charges be
brought, forwarding the file to
the Attorney General, or ruling
that the use of force was justified.

Kenny Russell, of Conch
Sound Andros, died in the early
hours of Sunday morning, Sep-
tember 2, outside Club Cabana
in Lowe Sound after a night out
with friends. He was shot in the
upper left chest by a police officer
and died at the scene.

While police initially stated that
a “confrontation” had occurred
between the officer and Mr Rus-
sell prior to shots being fired, the
family maintained that there was
very little disturbance.

They said they would like a full
inquiry into their relative’s death.

The commissioner promised a
“transparent” and “professional”
investigation into the matter,
telling family members in a meet-
ing that “the chips will fall where
they may.”

Kenny, a construction worker
in his mid-twenties, was said to
have recently returned to his
birthplace and childhood neigh-
bourhood of Conch Sound to live
with his mother, Alma, prior to '
his death.

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THE TRIBUNE



Stephan Allen
David Bain

Gerard Bain

Eric Bannister
Dante Braynen
Teaco Brown

Sean Cargill
Andrew Cartwright
Khanili Curry
Sergio Davis

‘Congratulates
the 2006 Apprentices
on a job well done!

2006 APPRENTICES

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Tamal Hanna
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Eustace Jennings
McNair Johnson

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j07, PAGE 15



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THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 19



Celebrating excellence FV a tart mecoen
College 090.

at Queen’s

EACH year in October,
the Queen’s College High
School takes time to cele-
brate the achievements of

the previous academic year,

— and this year there was
plenty to celebrate.

Sharing in the celebra-
tion of excellence this year
was Byran Woodside, MP
and Minister of State for
Youth and Sports, who
gave the keynote address.

“Queen’s College is
proud to showcase the
many talents of the stu-
dents, ranging from acad-
emics to athletics; from the
arts to debating; from
world travels to community
service,” said the school in
a statement.

Individual students were
called to the stage to
receive certificates of out-
standing achievement for
their work during the past
academic year.

Subject prizes were
issued as well as certifi-
cates of high standing for
external examinations.

Student athletes were
recognised for their efforts
in their respective sports,
including the second place
track and field team, the
junior boys soccer champi-
ons, the senior boys vol-
leyball champions, and the
BAISS swimming champi-
ons.

Also highlighted were
the many students who
excel in a variety of extra-
curricular activities.

The vice-principal of the
High School, Shawn Turn-
quest, was beaming with
pride ‘as she introduced the
students pursuing
advanced, rigorous cours-
es (SPARCs).

These students push
themselves to excel beyond
the national BGSCE level,
following courses in the
Advanced Placement pro-
gramme. In fact, 87 per
cent of the graduating class
of 2007 had taken courses
beyond the BGCSE stan-
dard.

Teachers

Queen’s College current-
ly offers AP courses in sev-
en subject areas and sends
teachers to AP training
institutes throughout North
America to become certi-
fied.

With this programme,
Queen’s College said it is
seeing that its top students
can excel in their post-sec-
ondary studies and com-
pete globally with interna-
tional counterparts.

During the celebration of
excellence, it Was
announced that many of
the students at Queen’s
College had taken advan-
tage of the summer vaca-
tion to attend camps, sem-
inars, conferences and trips
to further expand their
knowledge and experience.

Some students practiced
their language skills during
a European tour. Others
attended an engineering
camp, while others took in
the People to People
Future Leaders Summit.

Some students. had the
privilege to attend confer-

KELLY BRUNEY, head girl, receives a certificate of achievement
from Principal Andrea Gibson





ences at prestigious uni-
versities such as Stanford
University and Johns Hop-
kins University.

Another highlight of the
celebration of*excellence
was the installation of the
prefect body.

The four outstanding stu-
dent leaders for the year
2007-2008 were featured.
Zachary Lyons and Kelly
Bruney were chosen as
head boy and head girl by
their teachers and peers.

Selected as deputy head
boy and deputy head girl
were Francis Poitier and
Amanda Conyers.

“All of the prefects are
known throughout the stu-
dent body and are respect-
ed for their integrity,
dependability, responsibil-
ity and commitment to the
principles and ideals of the
school,” QC said.

The Principal of Queen’s
College, Andrea Gibson,
said she is confident that
through the deliberate
efforts of professional staff,
along with commitment of
parents, Queen’s College
is providing the opportuni-
ty for students to become
well-rounded, contributing
members of society.



PRINCIPAL OF Queen’s College Andrea Gibson presents a
certificate of achievement to the head boy, Zachary Lyons





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PAGE 20, THURSDAY, NOVEMBER 22, 2007



British government says
sorry after mislaying
lelails of 25 million people

lm LONDON

PRIME Minister Gordon
Brown tricd to reassure Britons
their personal details were safe
Wednesday after the one of the
biggest security breaches in the
country’s history left millions of
people exposed to identity theft
and bank fraud, according to
Associated Press.

‘Two computer disks that went
missing While being sent from one
government department to anoth-
er contained names, addresses,
birth dates, national insurance
numbers and — in some cases —
banking details for 25 million peo-
ple, nearly half the country’s pop-
ulation. The disks were password
protected but the information on
them was not encrypted, officials
said.

“[ profoundly regret and apol-
ogize for the inconvenience and
worries that have been caused to
millions of families that receive
child benefits,” Brown told the
House of Commons. “We have
a duty to do everything that we
can to protect the public.”

Brown said he had asked secu-
rity experts to work with govern-
ment departments to check their
procedures. He said the informa-
tion commissioner also would be

- given the power to carry out spot
checks on government depart-
ments.

Brown said he stood by Trea-
sury chief Alistair Darling, who

on Tuesday.

Darling said the disks con-
tained details ‘of the 7.25 million
families in Britain claiming child
benefit —a tax-free monthly pay-
ment available to everyone with
children. He said the delivery was
not being tracked and was missing
for three weeks before any alarm
was raised.

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EN

@ PARIS

COORDINATED acts of sab-
otage struck France’s high-speed
trains, causing further delays to
services already widely disrupted
by strikes just as talks were open-
ing Wednesday to coax unions
into ending their walkout, accord-
ing to Asseciated Press...

The national SNCF rail author-
ity stopped short of blaming strik-
ers for the overnight vandalism,
which it said included the burning
of electric cables and damage to
signaling systems. Labor unions
quickly denied any connection.

Nevertheless, the attacks
added a new note of ill will
before the talks Wednesday
between unions and the compa-
nies worst hit by the strike — the

Paris transit authority and the.

SNCF.

President Nicolas Sarkozy
called the attacks unacceptable
and ordered his justice minister
to pursue those responsible.

The SNCF called the vandal-
ism a “coordinated sabotage
campaign.” The boss of the pow-
erful CGT union, Bernard
Thibault, condemned the attacks
but also suggested they may have
been designed to discredit the
strike movement.

Train drivers and Paris transit



Sou

RAILWAY WORKERS replace a cable after an arson attack on the high-speed rail network in Varreddes, France, 50 kms(32 mls)east of Paris, Wednesday, Nov. 21, 2007. Coordi-
nated acts of sabotage struck France's high-speed trains, causing further delays to services already widely disrupted by strikes just as talks were opening Wednesday to coax

unions into ending their walkout. The national SNCF rail authority stopped short of blaming strikers for the overnight vandalism, which it said included the burning of electric cables
and damage to signaling systems. Labor unions quickly denied any connection.

back to work on subway and
long-distance trains.

Just over half of the 700 nor-
mally scheduled fast trains were
scheduled to run Wednesday, the
SNCF said. It said the acts of van-
dalism were causing delays of one
to three hours for some high-
speed trains.

The attacks appeared to be
aimed at further crippling the fast
train network: Vandals targeted
lines connecting Paris to the west-
ern Atlantic coast, the east, the
north and the southeast of the
country.

SNCF official Mireille Faugere
said electric cables running
beneath tracks had been set
alight and then reburied, making
it harder to find and fix trouble
spots. The vandals also stuck
burning rags into railway signal
boxes, Faugere said.

Interior Minister Michele
Alliot-Marie said police were
working to identify those respon-
sible.

Talks between labor unions
and Paris’ public transit authori-
ty kicked off early Wednesday
with a government representa-
tive present. Negotiations with
the SNCF were slated for later
in the day.

The talks are expected to last
one month.



Michel Euler/AP

3



e @ ®
revealed the lapse at Britain’s tax;
and customs service. There were} '
gasps from lawmakers when Dar-
ling described the scale of the loss:

prompt a full return to work.

The SNCF said strikers’ ranks
continued to dwindle Wednes-
day, with just more than one in °
five workers still striking. On the
first full day of the walkout, 61
percent of rail workers took part,
the SNCF said.

Striking rail workers in the
Mediterranean port city of Mar-
seille did not wait until the end of
the first round of talks and voted
Wednesday to extend the strike
at least through Thursday, an
official from the CGT-Cheminot
union said,

But workers in several smaller
cities could vote later Wednes-
day to resume work, union offi-
cials said.

After about a week of unchar-
acteristic silence, Sarkozy spoke
out against the strikes on Tues-
day, which he said were holding
transport users “hostage.” He
pressed strikers to return to work
and insisted that he would not
back down on the retirement
reforms — an opening salvo in
his broader program of econom-
ic, political and social change for
France.

The head of France’s main
employers’ association described
the strike as “a-real catastrophe
for our economy.”

“The economic cost is incalcu-

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Sarkozy appears to have the
upper hand in the test of strength
with powerful transport unions
— opinion polls say the public
strongly supports the president
and strikers have been trickling






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THURSDAY, NOVEMBER 22, 2007, PAGE 21

THE TRIBUNE

THURSDAY EVENING ~- NOVEMBER 15, 2007

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

NETWORK CHANNELS

Antiques Road- {Monarchy With David Starkey |Monarchy With David Starkey |The Queen at 80 The life and long
WPBT |show ‘Sherborne](CC) (CC) reign of Queen Elizabeth II as she
" turns 80 years old.
| Survivor: China “Just Don't Eat the |CSI: Crime Scene Investigation A |Without a Trace A student vanishes
@ WFOR Apple” Ninth castaway. (N) (CC) {suspect causes Sara to question herjafter making provocative statements
future as a CSI. (N) 0 during a discussion.

Access Holly- |My Name Is Earl }30 Rock Jack — | The Office Jan fal sabe “My |(:01) ER Gates and Julia nurture |.
WTV4 |wood (N) (ck) vlc Bun" falls foracon- sues Dunder Mif- | identity Crisis’ {their newfound romance, but a trou-
(N) (CC) gresswoman, —_|flin. (N) (CC) {(N) (CC) | bling call interrupts them. (N)









The Insider (N)
A (CC)



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This Old House |This Old House |Sweat Equi Blog Cabin “Best|Blog Cabin Desperate Land-|Wasted Spaces
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Thadeusz Journal: Tages- |Motor mobil Au- |Journal: In Journal: Tages- |Im Focus
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Let Charlie the
Bahamian Pu ppet ance
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some smiles on your














’ | ath 2 Parts
las Ss faces.





E! The Daily 10 (N) | * ; oy ley mn Noe outs -Drama) Dustin Heffman, Tom Cruise, Valeria Golino. The Oscar-winning ;
: study of an autistic man and his brother. /
ESPN College Football Live (Live) (CC) College Football Oregon at Arizona. (Live) (CC) M er a Pp Py +] our at N \cDo na | d 5. (h

Oakes Field every Thursday
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event, from Las Vegas. (Taped) event, from Las Vegas. (Taped) _|tion (Live)
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FIT TV bat 1 (CC) |Supplements. (CC) ketball players. tec)

Fox Report- |The O'Reilly Factor (CC) Hannity & Colmes (CC) On the Record With Greta Van
FOX-NC [sguasnin [OMNI] Pema sanet? [sete

FSNFL NHL Hockey Washington ee at Florida Panthers. From the BankAtlantic Center in —_jInside the Pan- |The FSN Final
Sunrise, Fla. (Subject to Blackout) (Live) : thers Score (Live)

6:30) LPGA Golf ADT Champi- |Golf Central {Golf Barclay’s Singapore Open -- First Round.
GOLF rp -- First Round. (Live)
| GSN er Weakest |Who Wants to Be a Millionaire 1 |That’s the Ques-|Family Feud |Family Feud {Chain Reaction
| ink M (CC) — |(CC) tion (CC) (CC) (CC)
(:00) Attack of |X-Play (N) X-Play “Beautiful |Cops 2.0 |Cops2.0 — {Ninja Warrior Ninja Warrior
G4Tech tie show! (N) Kalama’ |(CC) (0)

(00) Walker, — | Walker, Texas Ranger Walker sus- |HARD GROUND (2003, Western) Burt Reynolds, Bruce Dern, Seth Pe-
HALL exas Ranger pce foul play in the death ofa —_jterson. A lawman springs a bounty hunter from jail to hunt killers. (CC)
1 (CC) igh-school principal. (CC)

By Me ‘Wendy |Holmes on Homes Mike will correct/Dream House [Over Your Head |Disaster DIY = jJunk Brothers
HGTV = |&Etic:Hisn’ fa ty mistake that the contractors |*Design Deci- Bathroom Adding Wg ‘The Sink & the |

Hers” 1 left behind. © (CC) sions’ (CC) |makeover. 1 — space. (N) (CC) Metal Bed’ 1

Morris Cerullo Breakthrough |LoveaChild [Inspiration To- Life Today (CC) |This Is Your Day |The Gospel
INSP oe fe le | On tn
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ther’s ashes. 1 |tion” (CC) (CC) Show’ 0

Still Standing Reba Reba plays) & * % » PRESUMED INNOCENT (1990, Mystery) Harrison Ford, Brian Dennehy, Raul Ju-
LIFE ‘Still the Boss’ |Cupid for her ex- lia. A married prosecutor goes on tnal for his lover's murder. (CC)

0 (CC) husband.

:00) Hardball + /Countdown With Keith Olber- Live With Dan Abrams Lockup: San Quentin Poetry slam. |
MSNBC [2 . ee INTE

Ned’s Declassi- |TEENick \ {Drake & Josh /FullHouse |Home Improve- |George Lopez |G Lopez Wag ieee Sone
NICK fied Schoo acc) |(cc) ment (0c) | (ec) [A (Cc) , ee 553
NTV Smarter Than a |Survivor: China “Just Don't Eat the |Shark “In the Crosshairs” (N) ( |News (N) 1 — |News eA Alay, at '

5th Grader? |Apple” Ninth castaway. (N) (CC) (CC) acre —_ Simply the Best

The Chase Is On/Survival of the {Pinks - All Out NOPI Tunervi- |NOPI Tunervi- \ : = ‘ERER —

SPEED [poner een oe °

| (5:00) Praise-A- |Behind the Michael Youssef |Bishop T.D. —_| This Is Your Day |Praise the Lord (CC)
| TBN th Scenes (CC) ot rea Jakes (CC) —_‘{{CC)
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Everybody Friends Rachel |Friends Rachel | * * * OCEAN’S ELEVEN (2001, mean George Clooney,
TBS Loves Raymond tkisses a job inter-|smokes to im- — |Matt Damon, Andy Garcia. A suave ex-con assembles a team to rob a
“You Bet” leq viewer. (CC) —— |press her boss. {casino vault. (CC)

(:00) Overhaulin’| Tattoo Wars “Seth Ciferri vs. American Chopper “Sunoco Bike Street Customs “Dourdan Charger’
TLC “Hot for Teacher” {Michelle Myles” Seth Ciferri vs. 12” The OCC crew heads to Lowe's |Dodge Charger. (N)
(CC) Michelle Myles. (N) Motor Speedway. (CC)
- |NBA Basketball San Antonio Spurs at Dallas Mavericks. From American Airlines Center in |NBA Basketball
TNT Dallas. (Live) (CC) Chicago Bulls at
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| Home for Imagi-|Goosebumps |Couragethe {GrimAdven- |My Gym Part- /Ed, Edd n Eddy |Naruto
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Weather Ven- Abrams & Bettes Weather: Evening Edition (CC
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(:00) Yo Amo a |Amar sin Limites Un hombre lucha |Destilando Amor (N) Aqui y Ahora
U NIV n Querendonjpara salvar ala mujer que ama. (N)) ”

(:00) Law & Or- |Law & Order: Special Victims Unit}Law & Order: Special Victims Unit/Law & Order: Criminal Intent





| Bring your children to the
|
|

Enjoy Great Food, Prizes and Lots of Fun,

(T\

i'm lovin’ it






















USA der: Criminal In- |“Scavenger’ M (CC) A 12-year-old is hospitalized with {Goren and Eames investigate the
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WGN unniest Home |Malkovich. Vicious convicts hijack their flight. (CC)
Videos 1 (CC)
Family Guy Smallville “Blue” Clark meets his bi-/Supernatural “Fresh Blood’ Sam |CW11 News at Ten With Kaity
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HBO-E __\vs. Ohio State: Williams, Brittany Murphy. Animated. An emperor penguin expresses him-
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HBO-S __ [Sandra Bullock. Truman Capel forges a relationship |Rush. Israelis hunt the terrorists behind 1972's Munich massacre, ‘R’
with a convicted Killer. O ‘R’ (CC) (CC)
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MAX-E [LADY INTHE — no, Dick Van Dyke. Museum exhibits spring to life when the sun goes |Drama) Michael Douglas, Andy Gar:
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(6:40) * & WALK THE LINE (2005, Biogranhy) | x x» JUST LIKE HEAVEN (2005, Romance-Comedy)|(:40) PASSION wy wl
MOMAX Joaquin Phoenix. The story of music legends Johnny Reese Witherspoon. An architect falls for the spirit of a |COVE: TROPI- iil
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ie te |e, ASK THE DUST ae Romance) Colin Farrell, Salma Hayek, — |Dexter ‘That Night, a Forest Grew” ©
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THE TRIBUNE

( Calvin& Hobbes )

*A BUSHEL IS A UNIT

PAGE 22, THURSDAY, NOVEMBER 22, 2007
. tite . COMICS PAGE















WELL, YOU TWO
HAVE WORK TO
DO! CAN I GET
YOU ANYTHING 2

SURE---
UH---SAME
ANYTHING

FOR YOU?












; NO, THANKS!
JUST TELL SOPHIE
I'LL 6EE HER LATER!

A POT OF GOOD
COFFEE..-I TAKE
CREAM, NO SUGARL









YOU KNOW, I DON'T
UNDERSTAND MATH
AY ALL.









B
MAN WHAT cosets
BRINGS YOU_,





EY x
WA
en 2





“T HOPE YOUHAVE A DEGREE IN
BABYSITTING,..HEe A REAL TEST.








~~ Contract Bridge |
: By Steve Becker
Out of the Blue



THE Boss 4

IS GONNA SEE
IF HE CAN TRADE
ME TO ANOTHER

WE DON'T FUNCTION WELL
TOGETHER AS A TEAM!

MAYBE WE
JUST NEEO A NEW
HEAD COACH



_ By LINDA BLACK





Mess WILRY INK, IRC.

TIGER

BREAKFAST
\S THE Most
IMPORTANT















CRYPTIC PUZZLE

ACROSS
Cold ones with a lot of
ice in? (6)
Just the girl to run off with
a writer (8)
A puce jumper (4)
So, in the main, it's a French-style
house (6)
Work hard using rivets (6)
He has some cronies (3)
Sharpened up for the
houseman? (5)
Legal right to rest before
a new start (4)
In a mount, one would be an art
treasure (5)
Bigwig having a half of beer, the
low creature! (5)
Land of jazz (5)
A day off from the fire station (4)
Sweetness was the ruin of Argus (5)
It grows in ultimately many
directions (3)
Unite to get the side promoted (4,2)
Rent cut for December, at least?

DOWN

1

Maids upset over money, obviously
sad (6)

Historic hero involved in wrestling (6)
Bridge liable to snap? (4)

Girl who shows you what to do when
she’s cold (7)

Flier possibly born to get

out of line (5)

One way to get married or stitched
up (5)

Raising it is illegal! (4) -

How time changes one (3)

The bad thing in being betrothed (3)
A goddess in orbit (5)

Get away with a broken ankle? (3,2)
The child is a girl (5)

Get muddled by figures? (3)

Born for the part of Jane Eyre (3)
Half a dozen tricks for sabotaging
computers (7)

It's in the fundamentals of civil
engineering (3)

Go back on a decree, shiftily (6)
Water container a brewery needs (4)










WIL IPR GERRTALIVK. VET

60 ITS
VOWNN HILL
FROM HERE 7

1)
N
nN
ny
=

ACROSS

_Pointed tooth (6)

Sporty (8)
Fruit (4)
Comfort (6)
Dress (6)
Employ (3)



Opening lead — ten of spades.
In selecting his line of play,
declarer tries to give himself the

maximum chance of making the con-
tract. If there is more than one way to

play the hand, he chooses the one.

that — mathematically — offers him
the greatest probability of success.



Se East dealer. The other alternative is io eee a
i Inerable. low diamond toward dummy, hoping
ae NORTH West has the queen. If he does, THURSDAY,
=SS @KJ7 declarer makes three diamond tricks NOV 92
=2 VAI4 instead of two.
Sx) : 36 In choosing between the two alter-
ee WEST EAST of probabilities. He compares the | Roll up your sleeves, Aries, because
> i #10983 #42 chance that West was dealt the queen } you have a lot of work to do this
¥10752 ¥863 of diamonds (50 percent) with the [ week. An argument has you left with
#1054 #Q982 chance of finding the clubs divided | some big fences to mend. Expect
MARVIN wl 3 #01098 3-3 (36 percent). ' some long hours of labor.
Sa ; SOUTH Since the percentages favor | TAURUS - Apr 21/May 21
ONCE AGAIN YOU HAD TO GO NOT TWICE 4AQ65 attacking diamonds, South wins the | Something unexpected pops up on.°
AND EMBARRASS ME AT THE THOUGHT AS FAST AS ¥KO9 spade lead in his hand and leads the | Thursday, Taurus, causing you to
ATE WATCHERS ® WEIGH-IN) /> YOU WANTEP @AK73 diamond three to the jack. East wins } rethink a few courses of action.
ME TO LOSE #K4 with the queen, which is a nasty blow | Invite Capricorn to help you create a
WEIGHT The bidding: — but not necessarily fatal. new agenda.
East South West North After winning the diamond, East | GEMINI — May 22/Jun 21
Pass 2NT Pass 6 NT returns a diamond. South takes the | There’s something bothering you, —

ace and cashes all his spades and | Gemini, but you’re not ready to

hearts, reducing everyone to four
cards.

open up to others. The longer you
keep these feelings bottled up, the

This leaves South with the K-7 of | worse you will feel.
diamonds and K-4 of clubs, while | CANCER — Jun 22/Jul 22

dummy has the A-7-6-5 of clubs.
East, however, runs into serious dif-

Help is on the way when you land in
a bit of hot water, Cancer. It wasn’t

ficulty as the last heart is being Jyour fault, but you’re paying the
cashed. Holding the 9-8 of diamonds. } price for the deed. Don’t worry, oth-



HOW many words of four letters or more can you
make from the letters shown here? In making a word,
each letter may be used once only. Each must contain
the centre letter and there must be at least one
nine-letter word. No plurals, or verb forms ending in
“s”, no words with initial capitals and-no words with a
hyphen or apostrophe permitted. The first word of a
phrase is permitted (e.g. inkjet in inkjet printer).

TODAY'S TARGET

Good 13; very good 19; excellent 25 (or more).

Solution Monday.
YESTERDAY'S SOLUTION

adept aped cape caped clap clip cupid depict
dupe duple DUPLICATE epic leap leapt pace
paced pact paid pail pale paled pate peal peat
pedal pelt petal pica pied pilau pile piled place
placed placid plaice plaid plait plaited plate
plated plaudit plea plead pleat pled plied :
puce pule puled tape taped taupe teacup tepid

tulip update

Turning-point (6)
Gratify (6)
Challenge (4)
Depress (7)
Undress (5)
Yearned (5)

Recorded (5)

Stopper (4)

Ivan Sokolov v Lev Aronian,
Netherlands v Armenia, Turin ~
Olympiad 2006, World number
three Aronian led his small
country to the gold medals
ahead of China, the US and
Russia, but his moment which
made headlines was when
Londoner Danny Gormally
aimed a punch at him at the
Olympiad party. In a show of
patriotic solidarity, one fellow
Armenian took a swing at
Gormally that evening and
another followed suit the next

LIBRA - Sept 23/Oct 23
There’s no security in a venture you
have been considering, Libra. You’d
better think of a new plan or you could
end up in financial ruin. Talk to others
you can trust for advice.

SCORPIO — Oct 24/Nov 22
It’s time to confront a supervisor
about your feelings, Scorpio. Things
haven’t been the best at work, and
perhaps you can both come to a
mutual decision on a change.

SAGITTARIUS — Noy 23/Dec 21
Naysayers feel you won’t be able to
handle a big task coming up,
Sagittarius. But you know better.
Prove them all wrong by diving in
whole-heartedly this week. :

CAPRICORN - Dec 22/Jan 20
There’s not much on the calendar for
this week, Capricom, so take a few
days to recoup. Though you’ll be
tempted to find busy-work, relaxation
is just what you need, so resist.

AQUARIUS - Jan 21/Feb 18
You've been itching for a change of
scenery, Aquarius, and your wishes
will be granted when a real estate
venture is too good to be true.
Luckily, it’s all legitimate.
PISCES — Feb 19/Mar 20
Only you can map out your future, so
stait today with a few well-thought-
out business ventures that will add to
your retirement fund:

Consider this deal where West

NON SEQUITUR leads a spade and declarer can count and Q-10-9 of clubs, he cannot finda Jers won't blame you.

y only 11 sure tricks. The 12th can safe discard. Whatever he decides to Jy FO _ Jul 23/Aug 23

5 | come from either of two sources. do, South scores the rest of the tricks, They say honesty is the best policy;
t wIKEN, BECAUSE WE § One possibility is to lead the A-K and making the slam on a squeeze that fana nothing could be more true as
§ KNEWN Teo MUCK, $ | another club, hoping the opposing was not even contemplated at the | events play out for you this week,
= BUT INNS Too S |} clubs are divided 3-3. outset. Leo. When faced with some ques-
f WELL-KNOWN To g tions, make sure to tell the truth.
%| RISK ANING HIN f x VIRGO -— Aug 24/Sept 22
; \WUANCKED, 1 : Contrary.to what you may believe, the
8 PINOCCHIO ts a La Z 8 ayy mt 'e- ET world is not out to get you, Virgo. The
3 No PARDONED 5 ZG f ALR events that have been occuring are _-.
z x s i on ia BD ) REAL-LIFE . strictly the result of your actions.
: ad yo LA FRIRY TALES Change your way of thinking,
Ss Ts /

\ A RL |
Spaeth! An

CHESS by Leonard Barden



é

=
board. White’s K-side }s totally
undeveloped and the black army is

day, after which the England
number four wisely took an
early plane home. Fact is,
though, many regard Aronian,
24, as a potential world
champion in the next couple of
years. Today's diagram was his
most visual moment at the

Expert (3)
Brown (3)

Sap (5)

Polite (5)
Continental (5)
Knock (3)

Wise man (4)
Mature (5)
Black bird (5)
Shade of brown (5)
Liquid measure (4)
Claw (5)
Wicked (3)
Joined (6) Vegetable (3)
Conditional release Renovation (7)
(6) Drunkard (3)
Verbal (4) Procession (6)
Exaggerates (8) Hero (4)
Threefold (6) Dozen (6)
Royal house (5)
Organ (5)
Pub (3)
Mail (4)

menacing, yet White hopes to tum
the tables. tf Aronian swaps
queens, then the b4 pawn forks
rook and bishop, while if the
queen sidesteps, Black's h8 rook is
loose. What should Black play?

LEONARD BARDEN

That's good! (6)

One who needs to handle things
tight? (4)

Like scones, say, in bed? (8)
Land of nomadic Wends,

out East (6)

As a painter, one interrupts

a giant (6)

Remnants of vandalised busts? (5)
Did he unearth Gareth? (5)

The ayes have it (3)

Can be assumed to be useless (4)

EASY PUZZLE

—_—_——.

resterday’s cryptic solutions

ACROSS: 1, Green 6, Pooc-H 9, Disa-vow 10, Scrip 11,
Plain 12, Brass 13, Tuto-red 15, Get 17, O-pen 18, Parish
19, Stair 20, A-Z-ores 22, Anti 24, L-EN 25, Sca-TT-er 26,
Beach 27, Live-r 28, Pay up 29, L-adders 30, She'll $4,
Other

DOWN: 2, R-e-coup 3, Edison 4, Nip 5, Ba-I-rd 6, Pop's-tar
7, Owls 8, C-rises 12, Be-L-ts 13, Tonal 14, Tenon 15, Gl-
ant 16, The-IR 18, Pinch 19, Sever-a-L 21, Zen-ith 22, At
las-t 23, T-en-ure 25, S-cads 26, Be-L-L 28, PRO

Yesterday's easy solutions
ACROSS:1, Scots 6, Douse 9, Rallied 10, Ended 11, First
12, Begin 13, Distort 15, Pew 17, Odes 18, Figure 19,
Heart 20, Erased 22, Used 24, Son 25, Inanely 26, Slant
27, Abbot 28, Runes 29, Shopper 30, Decoy

31, Petty :

DOWN: 2, Candid 3; Treats 4, Sad 5, Sleet 6, Deficit 7,
Odin 8, Sister 12, Breed 13, Domes 14, Sedan 15, Purs«
16, Weedy 18, Front 19, Healthy 21, Rouble 22, Unsure
23, Eldest 25, Inapt 26, So-so 28, Rep

PUZZLE SOLUTIONS

Chess solution: L..Qc6! 2 Qxh8+ KAT and White
resigned. Rcl mate is a devastating threat, and he
can't capture the rook because his b4 pawn is pinned
by Black's bishop against the white king.







“> THE TRIBUNE

THURSDA :

1 teow WN ted hem Dey 2U07, PAGE Zo



@ HITACHINAKA, Japan

HITACHI’S new toddler-like
robot rolled around and waved
. for reporters Wednesday, only to
crash into a desk and demonstrate
the challenge of turning automa-
tons into everyday helpers,
according to Associated Press.
The red and white robot,
designed to run errands in offices,
wasn’t prepared for the jam of
lunch-break wireless network
traffic at the company’s research
center! Unable to communicate
with its handler’s laptop, it
smashed into the office furniture
as reporters gasped.
Still, the 31.5-inch tall, 29-

pound EMIEW 2 was able to.

show how it can scoot on- two
wheels, get on its knees to move
on four wheels and even lift its
foot about an inch to step over

acknowledged kinks had to be EMIEW 2 robot also features a
Pom fous pina te con- Worked out. Besides the collision, —_ gyrosensor ‘6 maintain its bal- . Such as NEC Corp. and Fujitsu [ sa a :
iro?’ —_was at the heart of it also suddenly stood motionless ance, lithium ion batteries for an have shown robots, but Sony HITACHI LTD.'S humanoid robot EMIEW 2 kneels down during a
Wednesday’s mishap. at ane paint. hour worth of power before Corp. has discontinued the Aibo press preview at its research center in Hitachinaka, north of Tokyo,

While showing off its ability to

understand human speech, a spec-
tator asked where someone was
sitting. It responded in a boylike
electronic voice: “I will take you
there. Follow me.”

Seconds later, when it tried to
maneuver between two desks, it
smashed into one of them. A
demonstrator reached out just in

time to catch the robot by its _

winglike handles before it fob
pled over.

Repeat

Reporters had to wait for an
hour until after the lunch break to
watch the robot repeat the
demonstration — this time
smoothly making its way between
the desks.

Developers said the robot had
performed fine on test runs but

“We are studying what hurdles

TAU nats ON S
AMpahcn
,’

J oN

INTERNATIONAL NEWS

- Hitachi’s latest robot wheels around,
crashes into desk during demonstration

need to be overcome to make
robots practical,” said Hitachi
researcher Takashi Teramoto.
“One characteristic we feel we
need to ensure for robots is safe-
ty.”

Robots are now mostly used as
industrial’ machinery and toys.
Hitachi Ltd.’s robot is the latest
attempt by Japanese companies

to develop one that can be an .

assistant in daily life.

In 2005, Hitachi showed the
robot’s 51-inch-tall predecessor,
the EMIEW (for “excellent
mobility and interactive existence
as workmate”). .

The improved EMIEW 2
demonstrated Wednesday has
shed some pounds to be safer
around people and easier to carry
around. It can shift from moving
on two wheels to.a more stable
position on four wheels.

recharging and a laser radar to

The Bahamas Ministry of Teaige and Aviation

In Cooperation with

The Bahamas Hotel Association

Presents
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map out its surroundings in its.

computer brain, according to
Hitachi. It can also dodge human-
size obstacles in its way, the
Tokyo-based company said.
Hitachi declined to say when
the robot will be ready for com-
mercial use. It also, refused to say
how much the robot cost or how
much it spent on its research.

Practical

Japan is among the world’s
leaders in robotics, and the gov-
ernment is pushing major com-
panies like Hitachi to develop
robots for practical use.

Honda Motor Co. and Toyota
Motor Corp. have also developed
human-like robots that reporters
have seen working as guides at
the Japanese automakers’ facili-
ties. Other electronics makers

dog-shaped entertainment robot.

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PAGE 24, THURSDAY, NOVEMBER 22, 2007






































eee Re





CAVES VILLAGE

INTERNATIONAL NEWS

Mbeki opens new pardon process for
perpetrators of political violence

m@ CAPE TOWN,
South Africa

PRESIDENT Thabo Mbe-

ki extended the possibility of

pardons Wednesday to peo-
ple convicted in political vio-
lence that persisted beyond
apartheid, according to Asso-
ciated Press.

Mbeki told a joint session
of parliament that people
convicted of offenses they
saw as political before June
1999 should be able to apply
for a presidential pardon in
a three-month window start-
ing Jan. 15.

“Tt is indeed an indication
of the deep scars inflicted by
our painful past that 13 years
after the attainment of our
freedom we still have to grap-
ple with matters of persons
who committed offenses that
might be categorized as polit-
ical, creating the possibility
that we can be accused of
having political prisoners,” he
said.

He said all partics would
be involved in the pardon
process which, he hoped,
would complete the “unfin-
ished business” from the
Truth and Reconciliation
Commission. The commission
headed by Nobel laureate
Desmond Tutu granted
amnesty to some | ,000 people
perpetrators of apartheid-era
crimes who showed remorse.

Rival

Tutu’s commission’s cut-
off date was 1994 — the year
of South Africa’s first mul-
tiracial elections. And many
people did not take part. Fol-
lowers of the Zulu nationalist
Inkatha Freedom Party,
which was a bitter rival of the
African National Congress,
boycotted the commission,
saying il was an ANC tool.

The violence between the
ANC and its rivals — foment-
ed by the apartheid govern-

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1,000 lives a year between
1984-1994.

The killings continued after
the multiracial elections in
1994, although at a much low-
er level.

Inkatha Freedom Party
chief whip Koos van der Mer-
we gave a cautious welcome
to the prospect of pardons,
although said it came too late.
The party says that several
hundred of its activists are
currently in jail for political
crimes that should be covered
by an amnesty.

The government has
received at least 1,062 appli-
cations for presidential par-
dons by people who had been
found guilty of offenses which
were allegedly committed
with a political motive, arising
from the conflicts of the a
Mbeki said.

Those who applied to the
Truth and Reconciliation
Commission for amnesty and
were rejected will not be eli-



Det eres aT 2
ea Veer ae
Po Cneken Wilco ae

Decal



OLD FORT SAY
®

* - Congratulations from
| The Board, Executive Management and Staff
of the Bahamas — Corporation

Kevin Seymour
onthe completion of the
Apprenticeship Program
ann

Winning the Gold Medal
from the Cities and Guilds
of London Institute

®
AIRPORT

THE TRIBUNE -~ :



gible to appeal under the new
process, he said. Nor will
those convicted of nonpoliti-
cal crimes.

Victims

This was welcomed by
Hugo van der Merwe, a pro-
gram manager at the Center
for the Study of Violence and
Reconciliation. He added vic-
tims should also be heard, as
they were in the Truth and
Reconciliation Commission.

Zweli Mkhize, of the Khu-
lumani Support Group which
represents victims of
apartheid era crimes, wel-
comed the pardons
announcement as a “concil-
iatory gesture.”

But he said civic groups
should have been involved in
drafting the plan.

“We are not crying foul,”
he said. “All we want is a say
in the decision making

process.”








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Pt Re Ch

Tata 0
launch ‘very

shortly’ over
PTT Em A

@ By NEIL HARTNELL

Tribune Business Editor

OPPONENTS of the $175 :
million Baker’s Bay Golf & }
Ocean Club project will “very ;
shortly” launch a third Judicial :
Review application, The Tri- :
bune was told yesterday, this ;
time’challenging permits and :
approvals issued to the devel- :
opers by the Hope Town Dis- }

trict Council.

Fred Smith, partner in Cal- }
lender’s & Co, and attorney :
for the Save Guana Cay Reef }
Association, said the group’s }
latest planned legal action }
would. focus on permits and }
approvals issued to the Bak- ;
er’s Bay developers, Discov- ;
ery Land Company, in Sep- }
tember and October 2007, just ;
after their second Judicial :
Review application had been

launched.

“I can tell you that yery }
shortly, because of a number :
of permits approved by the :
Hope Town District Council :
after we had launched Gua- :
na Cay case number two, we
are about to launch a new }

Judicial Review application,

Guana Cay case number }

three,” Mr Smith said.

“The case will be specific to
a number Of permits that we :
just recently discovered were :
approved in September, and :
further applications that were :

approved in October.”

Mr Smith added that he had :
also noted the deep split in
the Hope Town District :
Council when it came to deal- }
ing with approval and permit :
applications submitted by the :
Baker’s Bay developers, with :
three council members want- :
ing to continue dealing with :
them and an equal number ;
wanting written assurance :
from the central government
that it was safe to continue }

doing so.

As a result of this split, chief
councillor Jeremy Sweeting :
was having to use his casting
vote to get the Baker’s Bay }

permit applications through.

Mr Smith, though, said the
council had not responded to ;

SEE page 10B

forerunner.

SEE page 11B

_ The Porches



Sy ee in further

3m expansion

Fourth outlet in eastern New
Providence to create 30 jobs
when it opens in late 2008



@ By NEIL HARTNELL
Tribune Business Editor _

CHECKERS CAFE, the
well-known Bahamian restau-
rant chain, is investing $3 mil-
lion in expanding via a fourth
location to eastern New Provi-
dence, a move expected to cre-
ate some 30 jobs when it opens
in late 2008.

Gus Cartwright, Checkers’
proprietor, told The Tribune
yesterday that the restaurant
would share the premises with
the washhouse business his fam-
ily also owned, Sunrise Wash,
both businesses retaining their
separate identity under the
same roof.

No revenue losses shown
yet from Freeport’s bond

Government trying to ‘strike delicate balance’ between
revenue protection and letting business ‘flourish’

@ By NEIL HARTNELL
Tribune Business Editor

THE Government is trying “to strike a delicate
balance” between protecting is revenues and allow-
ing business in Freeport to “flourish” via the over-
the-counter bonded goods regime, the minister of
state for finance telling The Tribune that there
was nothing to yet indicate that the practice was
costing the Treasury due revenue.

Responding to recommendations submitted by
the Bahamas Chamber of Commerce on how a
uniform system for operating the over-the-counter
bonded goods regime could be implemented, sat-
isfying both Grand Bahama Port Authority
(GBPA) licensees and the Government, Zhivargo
Laing said the report would provide a basis for fur-

ther discussions on the issue.

This, he explained, would
provide services needed in the
area served by Checkers’ latest
location, at the corner of Fox
Hill and Joe Farrington Roads,
and enable the restaurant to
exploit synergies from providing
meals while Sunrise customers
waited for their clothes to be
washed, dried and pressed.

Mr Cartwright said the fourth
Checkers location was projected
to open “some time late next
year”, the company not wanting
to take on too many new pro-
ject at once after just complet-
ing the multi-million dollar relo-
cation of its Carmichael Road

SEE page 11B

licensees began‘earlier this year following a
Supreme Court ruling by Justice Isaacs that
favoured Freeport Concrete’s Home Centre sub-
sidiary and went against Bahamas Customs.

The ruling essentially allowed the Home Centre,
and by extension other GBPA licensees, to bring
in their entire inventory bonded, meaning that all
goods could be imported without import/customs
duty and stamp tax being pre-paid.

Justice Isaacs’ ruling also established that the
Home Centre could display ‘bonded’ goods on
the shelf in its retail store where they could be
seen by the public, overturning Customs’ objections .

to this.

Talks between the Government, GBPA and its

BORCO sale
yet to close

A SALE of the Grand Bahama-based Bahamas Oil Refining Com-
pany International (BORCO) has not been finalised, sources close to
the deal told Tribune Business yesterday.

It is believed that the German company, Oiltanking, Nustar and pos-
sibly Chevron are among the six final bidders for the terminal, with the
final purchase price estimated to be worth $700 million, sources said.

Originally, some 52 bidders submitted indicative bids for Borco
before the final six were narrowed down, Oiltanking possibly being the

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Asa result, Mr Laing said talks had begun on the
“modalities” of how Freeport’s over-the-counter

SEE page 9B



Le

your lovect ane thi



THE CARTWRIGHT brothers greet Deputy Prime Minister Brent Symonette and Speaker of the House
Alvin Smith at the recent opening of Checkers new Carmichael Road restaurant.

South Ocean

@ By NEIL HARTNELL
Tribune Business Editor






















SEE page 10B

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action dropped |

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|
A LAWSUIT filed against the South Ocean Golf & Beach
Resort’s parent company and former Canadian pension fund own-
er, in relation to the property’s sale, was dropped because the
plaintiff bringing the action said it could not afford legal costs.
Case Financial, which filed the lawsuit against the South Ocean
Development Company and Canadian Commercial Workers Indus-
try Pension Plan (CCWIPP) in February 2007, had alleged that a
fraud was committed against it after it settled previous litigation over
an attempt to purchase the Bahamian hotel property, which is sit-
uated in southwestern New Providence.
Also named in the lawsuit was Allen & Company, a Florida firm
that acted as a broker for CCWIPP in its efforts to find a buyer for
South Ocean, and who also found the Canadian pension fund’s new
majority partner for the British Colonial Hilton, Adurion.
Yet Case Financial alleged that it dropped the lawsuit because it
did not have the funds to meet legal costs after a CCWIPP repre-
sentative refused to release money allegedly owed to the company.
In a Form 10-Q filed with the US Securities & Exchange Com- |
mission (SEC), Case Financial said: “On February 27, 2007. the
company filed suit in the United States District Court, Southern Dis- ;







THE TRIBUNE

TT ee Se aie eure
Be ‘aware’ of need to

share all information

PAGE 2B, THURSDAY, NOVEMBER 22, 2007



{
4

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WE are aware of our sur-
roundings in the fight to com-
bat crime, but now what do
we do? Let us compare the
approach that should be
adopted to a radar, which is
what pilots and ships use to
alert them to the approach of
potential danger.

What a radar does is very
similar to what I described in

7
Safe &
Secure

by Gamal Newry




suggested by a client, hide
and wait for the assailant and
catch him in the act? The lat-

that the expert really is the
person with the problem, or
who the one who will con-
front the issue. Going back to
the RAF fighters, on several
occasions flight command
gave directives on how the
pilots should engage the ene-
my. Sometimes they worked,
but on occasion the heat of
battle demanded other meth-

last week’s article; it essen- ter may sound good and, ods.
tially sends out feelers in the when seen in the movies, s
form of radio waves which, even looks good, but when Message
‘after bouncing off the incom- —_ attempted in real life there b
ing object, enable the moni- are numerous logistics, costs The basic message is that
toring person to detect and risks involved. Would it the corporate security man-
approaching objects. The not be better to advise staff ager must not only be pre-
British used radar during of the potential danger, pared to give information in
World War II to assist them increase patrols, increase their efforts to minimise loss,
in holding off the onslaught lighting or even close off but they must also be pre-
by the German Air Force. It high-risk areas after hours. pared to receive information
allowed the smaller Royal All of these suggestions are in the form of recommenda-
Air Force (RAF), a mere 450 low-risk and low-cost, com- tions from persons who are
planes, to be forewarned of pared to the amount of man closer to events. My research
the take-off and approach of hours that would have to be and observations have seen
the 1,000-strong German investes in setting up the where an inability to timely
long-range bomber fleet. The —_ Sting operation. share information has result-
RAF fighters could now be The question I always ask ed in a loss to the company.
accurately deployed and students and clients is: Which Thus the prevailing problem
counter the Germans as they _ resort do you want to spend of ego has cost more corpora- ’
attempted to crossed the your vacation at? Isitthe one tions time and money than
French Channel that has a good detection and any other deficiency in secu-
This sounding of analarm, Conviction rate, or the one rity.
or sharing of information, that has a low incidence of It is important to adequate-
depending on the method crime? To reduce loss and ly grasp these points on
used, is the next critical step crime, all persons who may awareness - what you see,
in efforts by Bahamas-based be affected must be brought - hear and feel - and informa-
corporate security managers up to date consistently and tion sharing, based on what
to prevent loss and crime. continuously on all events was collected as a result of
: : The manager is the lead per- Which happen. The idea that being alert. All other actions
A WH 69502-1658 son in the company’s efforts they cannot handle the news _ will weigh heavily on these
: : to reduce loss, and must is dangerous and irresponsi- first steps.
: understand that ‘crime ble, considering they are
. . ol awareness’ must spill into the Most likely to be the ‘news' NB: Gamal Newry is the
~ cere re @ entire corporation, via the or, in other words, the topic president of Preventative '
R FOR YOUR HAIR UNDER THER c sharing of critical informa- of discussion because they Measures, a loss prevention
Se ee a Cor RN A ERLE E. tion. ea oo we and asset protection training
a a Imuarly, It 1s importan and consulting company, spe-
Before Dur. ing & A fi ter Wi g [ Is e Example that suggestions for correct- cialising in policy and proce-
Bercemmtense” R — A : - ing or preventing the prob- dure development, business
For example, if neighbour- — lem a aes which security reviews and audits,
fs as : ; > Ame tan RAKES AR shiall ing businesses have been. means listening to persons and emergency and crisis
Can be used for hair preces and EX fens LOnS AS i el| experiencing employee who may on different yet naw BOICOE ane can
assaults in their parking lot, valuable perspective to yours. _ be sent to PO Box N-3154
it is possible this type of This sometimes becomes dif- Nassau, Bahamas, e-mail
activity may affect your busi- _ ficult for the manager, asego —_ gnewry@gmail.com or visit us
ness. Is it better to keep this often gets in the way but at www.preventativemea-
information a secret or, as he/she has to understanding sures.net
>

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THE TRIBUNE



Hotels report strong |BSi
holiday occupancies

m@ By CARA
BRENNEN-BETHEL
Tribune Business
Reporter

BAHAMIAN hotels are
reporting excellent occupancy
levels over this Thanksgiving
weekend holiday, figures they
predict will continue into the
Christmas season.

Jermaine Wright, director of

sales at the British Colonial
Hilton, told Tribune Business
yesterday that their occupancy
levels were lying between 99
per cent,-which they achieved
on Tuesday, and 94 per cent,
which is expected at the week-
end.

“Last year this time, we had
recorded an occupancy level
averaging 86 per cent, which

~ was still good, but you can see

the improvement,” he said.

Mr Wright believes other
Bahamian resorts will also expe-
rience similar occupancy levels,
as this is traditionally a busy
time of year for the tourism
industry.

“We are predicting these
strong numbers for Christmas
as well,” he said. “It looks to be
a great season.”

Ed Fields, vice-president of
public affairs at Atlantis, told
The Tribune that the resort was
“full” for the Thanksgiving
weekend.

According to SuperClubs
Breezes reservation agent
Mizpha Miller, the all-inclusive
resort is heavily booked for this

weekend, with 207 rooms:

reserved and occupancy levels
of around 50 per cent.

“We are pretty full when you
consider that we are only oper-
ating with a wing and a half of
our hotel, while we are under
renovations for the rest of the



-eall 1 356-6982

INSURANCE



| ATLANTIS IS ‘full for the ECG)

resort,” Ms Miller said.

The prospect of a strong
Christmas and Thanksgiving
season should come as a relief



The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the

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

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BROKI

2 A
SSH aa SSSA)



to hotels and tourism officials
following almost double digit
declines in tourist arrivals earli-
er this year.












fio. OUP ony Lok



A brokers & agency company [an affiliate of a large established compa
Supervisor. The ideal candidate musinbedetaidtinatentedith excellent
interpersonal and commun ‘het ati lskiylts. work withsiomitedasfiaetr-paced

environment is a must.

Responsibilities:

e Receive and submit for processiHomappisunénoas([fipoperty] and other ing
e Liaise with sub-agents on all application issues

e Maintenance of database
¢ Liaise with Underwriters and desapvtmenfertacensure accurate applicatig
¢ Generate monthly reports on issued contracts
e Reconciliation of premiums

e Prepare and issue completed quotes
e Handling Internal and External client queries
e Supervise Administrative support for all

Core Competencies:
e Ability to work

with limited supervision
e Excellent oral and written communication
e Ability to resolve problems with a sense

e Demonstrate a keen eye for details
e Ability to work under pressure

e Strong interpersonal skills ara leoinddrtyoum meliattiamship with co-worker

e Ability to maintain confidentiality

e Reliable,

dependable and flexible team-player

| Required Qualifications:

e Bachelors Degree in Business Adhmireth tiiectlicbrowiequei valent work experienk

e 3+ years experience in a similar position

e Excellent computer slfibienaydiprExcel required
® Relevant General insurance designations [ar pats

Benefits:

Salary commensurate with current salaperseabes, Atkihttiaadbenefit package i

Pension.

and Certificates of Insurance
general issues
and learn new skills quickly

skills
of urgency



thereof] a plus



Submit Resume to Human Resources Administrator, P.O. Box N-4815, Nassau
Bahamas, fax (242) 361-2525 or via email to dlparker@live.com

NLA DR Ho MR MICE ts TTY ti AMBALA








THURSDAY, NOVEMBER 22, 2007, PAGE 3B

BSI OVERSEAS (BAHAMAS) LIMITED

BSI Overseas (Bahamas) Limited, Nassau, Bahamas, an established international
private bank, with its headquarters in Lugano, Switzerland, is presently accepting
applications for

HEAD RISK MANAGEMENT

Applicants for the position of Head Risk Management must have banking or
financial degree and at least 10 years of experience in the offshore banking sector,
fluency in Italian, French and knowledge of German, proven leadership and
management experience, ability to partner with team members, and have thorough
knowledge of local legislation, regulatory & statutory matters as well as inter national
banking practices.

PERSONAL QUALITIES :-

Excellent organizational, communication and computer skills
Positive attitude and outlook

Problem-solving skills

Financial and analytical background

Ability to coach and have mentoring skills

Commitment to quality and service excellence

RESPONSIBILITIES :-

- Ability to partner with other managers for the development and implementation
of Risk Management strategies and practices

- Supervision and monitoring of the credit exposure

- Supervision of credit department: review loan proposals/reports for fee quality
and credit policy compliance

- Liaise and network at group level and with external professionals on matters
related to the position

- Responsibility for Central Filing, Credits, Compliance & Internal Controls
units

- Supervision of the outgoing reports to regulatory bodies and to group internal
entities

Interested persons with such qualifications should submit their resume/curriculum
vitae to :-

Human Resources Manager
BSI Overseas (Bahamas) Limited
Bayside Executive Park, W. Bay St. & Blake Road
P. O. Box N-7130
Nassau, Bahamas
Fax no. (242) 702 1253 or email: julie.benjamin@bsiob.com

(ABSOLUTELY NO PHONE CALLS PLEASE)
Only applicants having the above attributes will be contacted.

DREAM OF
HOMEOWNERSHIP
A REALITY

ARA\

‘Myrmidon MoPhe
‘Home Consultants ©

Sunshine House.

We have deliverad more honves te]



PAGE 4B, THURSDAY, NOVEMBER 22, 2007 THE TRIBUNE

ree ae es
MARINE STORE

LOOKING FOR

Experience Counter

Future EU exports to ‘benefit

Sales Person; m@ By NEIL HARTNELL country African, Caribbean assurance previously that he ing duty-
, Su Tribune Business Editor = and Pacific (ACP) group was — would work in the best inter- free market
must be computer literate and have good —_~ also seeking feedback from the _ ests of the fisheries industry, access to
comes Ae CURRENT and future EU, and to hear latest devel- and that message was givenat European
Tre bee) relations Bahamian exports to the Euro- opments on the crafting and _ the outset.” ‘ ae for
pean Union (EU) will “benefit shaping of the final EPA The EPA negotiations are t heir
PLEASE FAX RESUME TO 394-3885 tremendously” if this nation agreement text. very fluid at the moment, and __ exports.
can sign a ‘goods-only’ Eco- Mr Simon said that among _ nothing is set instone. While it © Yet the
nomic Partnership Agreement the key issues for the Bahamas __is now looking less likely that Cotonou
PRIVATE MEDICAL LABORATORY (EPA), the Chamber of Com- was “whether a goods-only an agreement between CARI- Agreement
. merce’s executive director offer will suffice, and the FORUMandthe EUmaybe run s
seeking telling The Tribune yesterday approach taken to services in concluded by year-end,dueto against |
CERTIFIED MEDICAL TECHNOLOGIST that the private sector was now the future”. differences over sugar, market World [RRS

Part-Time (3p.m. - 6 p.m. - Mon-Fri)

e At least 2 years experience,

¢ Professionally motivated

!}e Salary commensurate with experience
PHLEBOTOMIST

Full-Time (7:30a.m.-3:30p.m.)

including Saturdays

¢ Well trained

¢ Board Certified or Eligible



awaiting the outcome of sev-
eral meetings critical to the
future direction of EPA talks.

Philip Simon said the private
sector, and by extension the
Government and the entire
country, were now waiting on
the outcome of discussions
held on the EPA at the Com-
monwealth Heads of Govern-
ment meeting in Uganda,
which is being attended by
Prime Minister Hubert Ingra-
ham.

In addition, the entire 77-

a





Estat
Poste)

UCAS CCMA COUT UCaGn co CUS a Aeceeeae te

Also taking hope from the
fact that the Bahamas was
looking to sign a goods-only
EPA with the EU was Antho-
ny McKinney, head of fisheries
wholesaler and retailer Par-
adise Fisheries.

He told The Tribune: “I
think we’re very encouraged
by that, if that’s what they’re
[the Government] going to do.
We in the industry are very
encouraged by what the Gov-
ernment is doing.

“The Minister did give us his




pay fi
iy we



access and tariff liberalisation,
the discussions are still mov-
ing forward.

Dr Richard Bernal, head of
the CARICOM Regional
Negotiating | Machinery
(CRNM), has said the region
will not sacrifice the EPA’s
quality just to ensure the year-
end deadline is met. The
CRNM is now awaiting a
renewed mandate from region-
al government heads and trade
ministers on the way forward.

The EPA agreement is sup-
posed to be signed with the
EU by December 31, 2007. It
will replace the Cotonou
Agreement, a one-way trade
preferences regime that bene-
fited the Bahamas and the
Caribbean in terms of provid-

Trade
Organisa-
tion (WTO) rules, which call
for reciprocity or trade prefer-
ences that flow to both parties
in a trade agreement, and the
EU is not going to seek a
WTO waiver for that agree-
ment’s continuation.
Therefore, and with the
Bahamas unable to access the
EU’s General System of Pref-
erences (GSP) because it is
classified as a developed
nation, this nation’s exporters
to Europe - chiefly the fish-
eries industry, Bacardi’s rum
products (for one final year),
and Polymers International -
would likely lose their duty-
free market access to the EU if
the Bahamas did not sign on



1

Legal Notice

NOTICE
CRISTOBALS.A.

(In voluntary Liquidation)

Tee RL aed

Notice is hereby given that in accordance
with section 137 (8) of the International Busi-
ness Companies Act 2000, the dissolution of
Cristobal S.A. has been completed and the
Company has been struck off the Regis-
ter with effect from November 6th, 2007.

: :
Bernadette L. Bain & Co.
is now located at Columbus House
East & Shirley Streets,
P.O. Box EE-16595,

Nassau, Bahamas
Tel/Fax: 242-328-5701

Email: bainbernie@yahoo.com

BERNADETTE.L. BAIN
R.N., R.M. PH.N., B.Sc.,
~ LLB (Hons) L.E.C.

BERNADETTE L. BAIN
‘COUNSEL & ATORNEY, Notary Public
Civil -Medical Law Consultant



The American Embassy is presently considering applications for the following
position:

AIR CONDITIONING TECHNICIAN

Serves as the Air Conditioning Technician and is responsible for a variety of

functions including plumbing, electrical and welding maintenance, repair,
diagnosis, installation and testing of a variety of industrial and commercial
grade air conditioning systems.

This position ts open to candidates with the following qualifications:
- A minimum of two years vocational training resulting in a certificate as an A/C

refrigeration technician and one year of vocational training and certificate in
electrical craft skills.

- Two years as an Air Conditioning Technician and a minimum of one year

apprentice level or the equivalent in electrical maintenance and/or installation
required.

- Must have a familiarity with National Electric, or Canadian Electric codes
and NFPA guidelines for A/C required.

Must be able to read and comprehend blue prints and have knowledge of

material safety data sheets and books.

Must have a valid Bahamian driver’s license and the ability to drive a
passenger vchicles and forklift, stake body and pickup trucks with manual and
automatic transmissions.

BENEFITS PROVIDED INCLUDE:

candidate will be offered an excellent compensation
package including performance-based incentives, medical and dental insurance,
life insurance, pension and opportunities for training and development.

The stuccessh

Applicants must be Bahamian citizens or U.S. citizens who are eligible for
employment under Bahamian laws and regulations.

Applicauions forms are available from 8:00a.m. to 5:00p.m.. Monday through
Friday at security area of the American Embassy, Queen Strect. Completed
applicaions should be returned to the Embassy: addressed to the Human
Resources Office no later than Thursday, November 29, 2007

Alain Kunz
(Liquidator)



TEACHERS REAL ESTATE HOLDINGS LIMITED

NOTICE OF ANNUAL
MEETING TO SHAREHOLDERS

TIME & DATE:
PLACE:

ITEMS OF BUSINESS:

RECORD DATE:

FINANCIAL STATEMENTS:

MAILING DATE:

be

PROXY VOTING:

October 9, 2007

Friday, December 7, 2007 at 6:00pm

Teachers & Salaried Workers Co-operative Credit Union
Head Office, East Street & Independence Drive.

(1) To announce the results of the examination of proxies;
declare a quorum present and proceed to business;

(2) To receive and approve the Minutes of the last Annual
General Meeting held on December 8, 2006.

(3) To receive and consider the Chairman’s report;

(4) To receive and approve the financial statements and
the reports of the Directors and Auditors thereon,

(5) To elect Directors for the ensuing year and fix their
remuneration;

(6) To approve the appointment of Deloitte & Touche as
the Auditor of the Company, and authorise the Directors
to fix their remuneration; and

(7) ‘To transact such other business as may properly come
* ‘ . 7 ~
before the meeting and any adjournment thereof.

Holders of 400,000 shares of record at the close of business
on October 25, 2007 are entitled to vote at the meeting.

The Company’s audited financial statements are included
in the Company’s 2006 annual report, which is enclosed
as part of the proxy soliciting material.

The Company will cause the accompanying materials to
delivered on November 8, 2007 to the last registered
address.

It is important that your shares be represented and voted
at the meeting. You can vote your shares by appearing in
person or by completing and returning the proxy form
enclosed. You can revoke a proxy at any time prior to its
exercise at the meeting by following the instructions in
the accompanying proxy statement.

By order of the Board of Directors:

Mrs Cheryl Bowe-Moss
Secretary





ee eee

THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 5B



tremendously’ from goods-only EPA

to the EPA by December 31,
2007.

If the Bahamas was able to
sign a ‘goods-only” EPA with
the EU, and exclude its ser-
vices industries, Which account
for the majority of economic
activity, Mr Simon. said:
“There’s obviously tremendous
benefits to the fishing indus-
try, tremendous benefits to the
chemicals industry, and the
development of future prod-
ucts\ for export from the
Bahamas to the EU.

“We are happy to protect
what we have. Phat was what
the fight was - to protect what
we have as much as possible.
But we have to understand
that in the age of reciprocity,
we have to give something in
return.”

In the case of the Bahamas,
Mr Simon the “trade-off” to
preserve duty-free market
access for this nation’s

exporters was to give up some
$10-$14 million in import and
stamp duty revenues earned
from EU-originated imports
per year.

This was seen as helping to

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-1986

Rand share your story.



maintain the Bahamas’
favourable $20 million net pos-
itive trade balance with the
EU, this nation having export-
ed $66 million worth of prod-
ucts in 2004 and imported just
over $44 million. Many EU
imports are allowed to enter
the Bahamas duty-free, given
that they are used in the tourist
industry.

The consequences of not
preserving duty-free market
access for Bahamian exports
could be severe. Polymers
International has warned that
it will put plans to expand the
capacity of its Freeport plant
by 20 per cent “on hold” if the
Bahamas does not sign the
EPA, fearing that it stands to
lose 8-10 per cent of sales if it
loses duty-free market access
to the UK.

A Ministry of Foreign
Affairs briefing note submit-
ted to the former PLP Cabi-
net said that apart from the

direct impact on Polymers
International, which employs
88 persons and 10-20 contrac-
tors, loss of its EU duty free
market access might also
impact Freeport Container
Port and the Grand Bahama
Power Company, the latter of
which generates 10 per cent of
its revenues from Polymers.
Apart from Polymers Inter-
national, the other major
export industries that would
be negatively impacted if the

. Bahamas did not sign on to the

EPA would be _ the
seafoods/fishing industry,
which sends $60 million in
exports per annum to the EU,
and Bacardi’s rum exports.
Although Bacardi is closing its
Bahamas-based operations by
2009, it still has “hundreds of
thousands of gallons of rum
products” that it can still
export to the EU throughout
2008.

All would be faced with







” a F
“











NOTICE

Mrs. Carol D. Misiewicz
(Munnings)

is pleased to announce
the opening of her law chambers

VUSMCUMC |
COMINSEL ANTY ATTORNEY- AB LAW

JOTARY PUBLICS
Suite No. 7 Grosvenor Close
Grosvenor Close and Shirley Street

P.O. Box SS-5467
Nassau, Bahamas

Tel. 328-0396 Fax. 328-1388
www.misiewiczlaw.com
E-mail: carol.misiewicz@ gmail.com










a
Naw” F :















Behold the

Most Favoured Nation (MEN)
tariffs being imposed on their
goods, raising their prices and
making them uncompetitive,
resulting in a loss of market
share, revenue and profits.

However, Mr Simon said the
Bahamian private sector had
been “encouraged” by the
Government’s approach on
becoming involved in the EPA
talks and consulting it.

“We're certainly encouraged
by the approach and engage-
ment that the Government is
giving to the involvement of
the private sector in these dis-
cussions,” Mr Simon said.

“There has been a move to
engage, because it’s the private
sector that trades, not the
Government, although the
Government plays a vital role
in this area. We are seeking to
be involved in the discussions
at the highest level, where rel-
evant and appropriate, and to
represent our members.”

“The Graduate Project
Management Certification”

NOTICE

The following practices located at #36 Collins
Avenue, Nassau, will be closed permanently on 22
February, 2008, at the latest:

° KENNETH W. KNOWLES, M.D.
* BAHAMAS OPTICAL CENTRE, LTD.

Patients who wish to obtain records are asked to
mail a written request, containing clear patient 1D
information etc., to Box N-8322, Nassau. Following
that, specific arrangements may then be made by
telephone at 325-4754, 322-4940. Regretfully, no
further letters can be written.

DETECT
Per ey
Project
Manager

American Acadamy of
Project Management

Certified International |
Project Management Course

A PMP

Beginning Date:

& IAPM Course Inclusive.

Tuesday, January 8, 2008
AND
Saturday, January 12, 2008

Total Price: $1390 (including all materials & fees)

Course Length:

Time of Class:

10 Wks or 10 Saturdays

Tues & Thurs from 6pm-8pm
OR

Saturdays from 9am-1pm it

Contact:

Candice Albury

Lignum Technologies (Bahamas) Ltd.

Ph: 393-2164 Fax:394-4971
Email:candice@lignumtech.com

YOUR CONNECTION: TO THE WORLD

The Bahamas Telecommunications Company, Limited (BTC)

GOVERNMENT NOTICE

Invitation for Proposals

The Bahamas Telecommunications Company Limited (BTC) is soliciting proposals
from qualified businesses to become mobile content aggregators and/or local content
providers for BTC. Mobile content is any media that can be viewed via mobile
phones.

BTC is preparing to launch mobile content services in the Bahamas. The initial
launch of mobile content services by BTC will include ringtones, logos, graphics
and games. BTC is looking for a partner/partners to deliver and host rich mobile
content to BTC GSM end users, the proposed mobile content service solution should
be inclusive of the following:

The respondent must provided a hosted solution which allows mobile content

from third parties to be delivered to BTC customers. Please also note that BTC

x

does not wish to purchase a content management platform and the respondent
must be able to host the content WAP portal and provide content management

services.

The solution should be a turnkey project with technical implementation conducted

by the respondent.

The proposed business model of the mobile content delivery and hosting solution
should be revenue share to minimize capital expenditure for BTC.
BTC will require the selected partner(s) to provide local mobile content designed
for the US and the Caribbean. Therefore, a presence in the aforementioned areas

cna

Ce TE

,
a:
i

i





cas :

Win a “Magic Minute” at any Royal Bank or RBC
FINCO ATM in New Providence or the Family Islands.
Enter RBC’s “AbraCARDAbra’” Client Card contest
between now and November 30th, 2007 and get a
chance to win up to $1500! The more you use your
card, the more chances you have to win!

is recommended.
¢ Technical Training and Marketing co-branding will also be required

All other delivery and hosting needs must be optimized for BTC according to the
information and instructions outlined in the proposal. Interested parties may obtain
further information, including eligibility to participate as of Monday, November 5,
2007 from the BTC Public Relations Department, John F Kennedy (JFK) Drive,
Nassau, Bahamas.

Any queries should be directed to Ms. Eldri Ferguson at (242) 324-9900 or

Make long lines disappear!
eferguson(@btcbahamas.com.

All you need is an RBC Client Card. Make cash with-
drawals, transfer funds, pay bills and more. Enjoy
the 24-hour convenience of banking when it suits
you best. No need to wait in line!

Please respond to this RFP by no later than 4:00 p.m., Monday, December 3 rd

2007, addressed to:
Mr. Leon Williams
President & CEO
The Bahamas Telecommunications Company Limited
P. O. Box N-3048
John F. Kennedy Drive
Nassau, Bahamas

Mite Woes Proposals will be opened at 12:00 noon,
Seta yp Tuesday, December 4 12007 at BTC, JFK Drive.
of Canada

. RBC HELPING YOU SUCCEED
es Choy EEL cence Ue yc. LE 1s
fer MRLs ROT ag aon Sita be ad AE ip ZA : 7
oe ens BTC reserves the right to reject any or all proposals.





THE TRIBUNE

PAGE 6B, THURSDAY, NOVEMBER 22, 2007

INVESTMENT OPPORTUNITY

November 22nd, 2007

Wy C HI Ss aa a a : Mateo) Lal

(Lot No. 62, Lower Bogue) ELEUTHERA

a = All that piece parcel or lot of land and improvements, in the settlement of Lower Bogue, North pieuthiee: being

| No. 62, comprising of about 34,210 sq. ft., this site encompasses a 12 year old single storney home comprising
of 4 bedrooms, 3 bathrooms, front room, dining, breakfast room, kitchen and laundry room, with a total living area
of approximately 2,342.06. Property also includes a double car garage, and front entrance with a total sq. ft. of
approximately 655.75. This home is approximately 85% completed: The property is well landscaped with crab
grass, fiascos and some fruit trees.








Appraisal: $235,638.00

This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.



KENNEDY SUBDIVISION (NASSAU)

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

Appraisal: $188,406.00



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



‘Investment Opportunity Must Sell Lot No. 217 Pinewood Gardens Subdivision

All that lot of land having an area of 5,000 sq ft, being Lot No. 217 of the Subdivision known as Pinewood Gardens, the said subdivision situated in
the Southern District of New Providence Bahamas. Located on this property is a structure comprising of an approximately 20 yr old single family
residence consisting of 992 sq. ft of enclosed living space with 3-bedrooms, 1-bathroom, living/dining rooms, kitchen, drive way and walk way. The
land is on a grade and level and appears to be sufficiently elevated to disallow the possibility of flooding. The grounds are fairly kept and yard | is
open.

Appraisal: $127,988.00
Traveling south on East Street to the junction of Soldier Road, make a left at the light then turn right into Kennedy Subdivision, go all the way to T-
junction, turn right then first left then right again toward Mount Tabor Church building, after passing Mount Tabor take first left (sapodilla blvd), the
subject house is about 400 yards on the right painted yellow trimmed green, with green and white door.





LOT NO. #7, BOILING
HOLE SUBDIVISION

All that piece parcel or lot of land
ge and inprovements situated on the

Lot No. 130, St. Andrews
Beach Estates



D> repre rt rte




geen ISland of Eleuthera, North of
Governor’s Harbour, comprising of
Lot No. 7 in the Boiling Hole
" —¥ ~ ~ Subdivision and comprising of
approximately 10,000 sq. ft., this site encompasses a 17 years old duplex with
each unit consisting of 2- bedrooms; 1 bathroom, frontroom, diningroom and
kitchen with a gross floor area of approximately 1,474.20 sq. ft. and covered
porch area of approximately 164.70 sq. ft. this duplex was built in accordance
with the plan and specification as approved, and at a standard that was
acceptable to the Ministry Of Public Works. This structure is in good condition.

Each apartment could be rented at $800.00 per month. The land is landscaped
and planted with ficus trees, but needs some manicuring.



All that lot of land having an area of 8,100
sq ft, being lot no. 130, of the subdivision
known and designated as st. andrews beach
estates, the said subdivision situated in
the eastern district of New Providence,
Bahamas. located on the subject property
is a structure comprising of anapproximately |2yr old duplex apartment consisting of
approximately 2,072 sq. ft. of enclosed living space which includes one 3-bedroom
l-bath, living, dining rooms, kitchen and utility room, and one 2-bedrooms, |-bath,
living/dining rooms and kitchen. the land is on a grade and level; however the site
appears to be sufficiently elevated to disallow the possibility of flooding during annual
heavy rainy periods of the year. The grounds are fairly kept; the yard is enclosed with
chained linked fencing at the sides and back with gated access on both sides of the
property. The front lawn section is not enclosed.

APPRAISAL: $153,521.00 Appraisal: $245,237.00

Traveling east on yamacraw hill road take the third corner right. with sign for st andrews beach
estates, then take first left, then first right, the subject property is the 2nd property on the-left side
painted beige trimmed orange.

LOT NO. 1490 GOLDEN GATES SECTION 2

All that lot of land having an area of 6,000 sq. ft. being lot no. 1490 of the subdivision known and designated
=| as Golden Gates, the said subdivision situated in the southwestern district of New Providence, bahamas.
This property is comprised of a 25 yer old single family residence consisting of approximately 2,480 sq.
ft. of enclosed living space with three bedrooms, three bathrooms, living, dining rooms and kitchen.
The land is on a grade and level, however the site appears to be sufficiently elevated to disallow the
posibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith
improvements including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and a low cement block wall to the front.

Appraisal: $162,400.00

Traveling west on Carmichael Road turn left then right onto the service road oppdsite Bahamas Faith Ministries Complex, then first left again after passing clico and
pre-school. The subject house is the 6th house left painted green trimmed white.

w VACANT PROPERTIES

: Rainbow Subdivision Lot No. 3, Block 27 .
All that vacant lot of land having an: narea’ aot approximately 14,052.59 sq. ft. being lot no. 3, block 27, section b, of Rainbow Subdivision with residential zoning. This property is bounded about
103.44 ft north by Queens Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Gircle. 139.91 ft West. All utilities and services available.

‘Appraisal: $37, 440.00





BLACKWOOD, ABACO
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best use. It is ideally suited to single or multi- -family development as is the nature of
surrounding properties within the community. The site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original state. It is covered with low
brush - oe leaf coppice vegetation intersperse with broad strands of mature Yellow Pine indigenous to the area. The property is well drained and represents no immediate flooding danger under
normal conditions.

APPRAISAL: $219,354.40
The subject property is vacant and is situated at the Southeastern oan of the Community of Blackwood, Abaco. The property is undivided and comprises approximately 6 acres of a larger tract
of land of approximately 26 acres.



NORTH ELEUTHERA HEIGHTS (ELEUTHERA)
Lot #20 approximately 11,200 sq; ft:, and bounded on North by Early Settler Drive and South by Deal Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses
a foundation with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly
of the Bluff Settlement. The said lot is vacant and a hill over looking the Atlantic Ocean. Appraisal: $41,275.00

For conditions of sale and other information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com ¢ Fax 356-3851
To view properties go to: www.stopnshopbahamas.com - Click on “Real Estate Mall” - Click on doorway “Enter Online Store”





oe OK

nse ON pa gags Pine,



|| SANDYPORT



THE TRIBUNE



NEW PROVIDENCE

LOT No. 21B FRASER ALLOTMENT
OFF SOLDIER ROAD

ee $258,000.00

The subject property
_con-sisting of 8,400
.) square feet is
‘ developed with a
split leveled home
with 1925 square
: feet of floor area on
the ground floor, a
porch area of 437
square feet and
; second floor area of
735 square feet. The

SREP oe

| building is of sound construction and completed in its entirety. The
| ground floor comprises 2 bedrooms, one bath, a kitchen, dining and
family room. The second floor comprises two bedrooms, one bath, living

and dining areas.

Directions to property: Heading East on Soldier, turn left onto first paved
road opposite Lowes Wholesale, 2nd to last house on the road with
chain linked fence.

Appraisal: $300,000.00

All that lot of land having an area of 9,626 square feet, being lot number 40,
of the subdivision known as SandyPort, situate in the Western District of
|| New Providence. The property is irregular in shape, is on a level grade and
zoned as single family residential. An electrical connection outlet is located

near the property. The property is located on Sandy Port Drive just on the
bend before Governor’s Cay on the Southern Side of the road.



No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00

All that lot of land having an
area of 30000 square feet,
being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
Situate in the Western District

on the island of New
Providence.

Located on the = subject
property is a newly
constructed single story

structure comprising 6,000
feet of living space with a
three Car Garage.

The building is 75% completed and comprises five bedrooms, four and a
half baths study, living/dining, family room, kitchen, laundry and
generator room.

Location: From SuperValue West Bay, take the road heading west into
Westridge, take the first corner on the Right, Westridge Drive. Subject
property will be about the seventh on the right hand side of the road.

SSOSCOHSLSSTHSHESHT HS SCHSHVOHUSOeE



FREEPORT

FAIRWAY MANOR CONDOMINIUM Appraisal: $73,000.00



Apartment 402, 2 bedrooms, 2 bathrooms.
Lot 4, Block GN, Edward Birch Curt, Bahamian North

|| LOT No. 20, BLOCK 1, UNIT 3

FORTUNE POINT SUBDIVISION = Appraisal: $38,000.00

|| All that lot of vacant land having an area of 12,650 sq. ft. being lot No.

20, Block 1 Unit 3 of the Subdivision known and designated as Fortune
Point Subdivision, Freeport, Grand Bahama. Duplex property zoning with
a rectangle shape.

LINCOLN GREEN, CANEBY CLOSE Appraisal: $38,500.00

Unit 5, Block 17, Lot #48 — Single family residence, Clearwater Close.
‘Located on fresh water canal. Approximately 17,404 sq. ft.







THURSDAY, NOVEMBER 21, 2007, PAGE 7B

NVESTMENT OPPORTUNITY

FAMILY ISLANDS

ABACO Appraisal: $108,000.00

PORTION OF MURPHY TOWN CROWN
ALLOTMENT, mene TOM: ABACO.

The property i: is 89 x 100 ft
and rectangular in shape.
The tand is elevated
approximately 15 ft above
road level and
approximately 25 ft above
sea level. Located on this
property is a twenty-year-
old three hedroom, two
living, dining,

kitchen and laundry room house. The structure requires much
attention.








SHREOHEHOTSSEHSORSEEREDHEDOHHEOREDED

EXUMA

DUPLEX IN LOT 6625

BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35
ft. above sea_ level
comprising 10,000 sq. ft.
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining
area and porch.
(Building is in need of
repairs}.

Appraisal: $170,000.00



SHOSCRSSCHESOSESOHSOHESOOEROHBOEROOE

EXUMA Appraisal: $673,075.00

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION






“The ‘subject property is located
on Kingway Road and is
' developed with an area of
/ 20,000 square feet. Situated
thereon is a residence
comprised of 3,645 square feet
~< of living accommodations,
. inclusive of 4 bedrooms, 2
“ baths, with laundry and utility
- spaces and a two bedroom one
bath guest cottage of 600

NX \\ square feet. The property is
iénbed with white picket ieee ana has a Gazebo at the highest portion
of the property.








S SS S S “
ee &

Wa

PARCEL OF LAND, PALMETTO POINT.
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres.
This site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of shop
space and rest room facilities.


















“Enter Online =





a, Pon iiei ce Py SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com

or



PHILIP WHITE @ 502-3077
re philipwhite@scotiabank.com

Fax: 356- erty - send bids ie) P. O. Box N-7518 eT AT Street, ies helt Laat





PAGE 8B, THURSDAY, NOVEMBER 22, 2007












SAS ARE ASE RSE SS & eae s:
* (“Your Bahamian Supermarkets’ LIBBY'S . : i

WHOLE KERN!

CORN is

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SLICED i
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QUALITY RIGHTS AND PRICES RESERVED





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LEMON






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REGULARILITE

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GRITS

5 Ibs.










PAR-EXCELLENCE
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RICE





HUNT'S -

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Grandma, 12 oz. Bruce, 15 oz.

Molasses............... $3.59 Cut Yame...............- $1.39











































Shurfine, 16 oz. Sunmald, 10 oz
Cranberry Sauce...$1.39 Zante Currants...... $3.49
- “= Shurfine, 10 oz.
fig! Shurfine, 7.25 oz. Red Cherries............ $2.69 -
7 Macaroni & Sunmald 15 Oz. HS
Cheese...............05 2/99¢ , i
= Raisins cswabienck cunneuds $3.59 —
MARTINELLI Gatorade, 2002......$1-29 |
SPARKLI NG Gatorade case)’ oO Foll...... patentee pede ynees $1 .09
Varlety Pak..........0008: Dixie Crystal Dark Brown, 16 oz
Lays, 8 oz. Chips Sugar duixdennaeeune ee Teese te 99¢




























Dole, 146 oz. Libby’s, 15 oz.
| Pineapple Julce......$2.09 Pumpkin Ple MIX. .$1.89 ‘i
Royal Dansk, 12 oz. 2. Bluebird Orange, Apple, 4 |
Cookles..............5. $4.49 Pink Grapefrult, “a
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DUCKS, CAPRONS, ROASTERS,

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THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 9B



No revenue losses shown
yet from Freeport’s bond

FROM page one

bonded goods regime could be
“in compliance with the law
while not disrupting business
flows in Freeport”.

He added: “The report that
was produced by the Chamber
was part and parcel of these dis-
cussions, and we’re now revicw-
ing their recommendations to
see the extent to which we can
move forward.”

Mr Laing described finding a

solution to the over-the-counter
bonded goods regime as “very
important”.

He said: “We want to ensure
that Freeport is able to maximise
the benefits that flow from the
Hawksbill Creek Agreement,
but at the same time we want to
be certain that the lawful enti-
tlement to the Government, so
far as revenue is concerned, is
certainly protected.

“It’s important from the fis-
cal stability point of view, and
to ensure that Freeport is pro-

Baker's Bap

GOLF G@ OCEAN CLUB

Great Guana Cay, Abaco
The Bahamas

EMPLOYMENT OPPORTUNITY

You are invited to apply for the following position currently available,

Key Responsibilities

Y Establish culinary standard

“Brcoutve Chef

|

Create menus and recipes for high-end and casual dining to include

international and Bahamian cuisine

Maintain food safety standard
Recruit and train culinary team

Manage and develop culinary team

Control food cost

Determine market list and vendors

Design special events
Qualifications

Y Bachelor's degree in Culinary Arts or related subject: professional

certifications

Vv Minimum ten (10) years experience at a five-star club, resort or restaurant
with at least three (3) years international or off-shore experience.

Â¥ Must be innovative, demonstrate strong leadership and culinary skills,
must be able to train others and execute ideas and standards.

The successful candidate will have the opportunity to work in a growing and
dynamic organization and must be a self-starter, team player, work at the highest
standards of performance, and meet deadlines.

If you are progressive and prepared to advance your career, submit your resume
to the attention of the Director of HR & Training, sbowe@bakersbayelub.com or

by fax at 242-367-0804.



“Becoming the Employer of Choice in The Bahamas!” | |.



vided with needed public goods
and services.

“We necd to strike that deli-
cate balance between ensuring
the Government collects all the
revenue due to it, and ensuring
Freeport benefits from the ben-
efits granted to it under the
Hawksbill Creek Agreement.”

Mr Laing said the Govern-
ment was not taking a “combat-
ive approach”, but instead taking
the views of all interested parties
into account so that they would
reach “a consensus to ensure the
law is complied with, and the
business community in Freeport
flourishes”.

The minister said “consides-
able” thought seemed to have
gone into the Chamber report,
and it provided a basis for dis-
cussions going forward.

On the display of bonded
goods in retail stores, Mr Laing
said that while some in the
Freeport and Grand Bahama
business community saw “cer-
tain business and economic
advantages” in this practice, the
Government wanted to ensure
this did not violate the law.

He added that the Hawksbill
Creek Agreement was “sup-
posed to allow for the protec-
tion of government revenue”.

“The Government's key issue
is the protection of its revenue,”
Mr Laing said. “When we look
at the way bonded goods are
treated, we want to ensure
they’re not causing any injury to
government revenues. That's the
critical issue for us, and what
we're trying to protect way of
these discussions we’re having.”

When asked whether the
Government and Customs
Department felt they were losing
revenues as a result of the over-
the-counter bonded goods prac-
tices, Mr Laing replied: “There's
nothing at the moment that sug-
gests that.

“Our assessments do not ref-
erence any concerns on that.......
but we have to be vigilant in
watching it. We know sooner or
later if there is any adverse
impact, but there is nothing that
concerns us at this moment.

“But the potential is there.
which is why we are paving this
kind of attention to it now,
because we don’t want that to
be realised.”

LADY SA Rone COMEORT ER SETS
ANCHOR HOCKING BAKING DISHES

Scream

2 aah ana ONE





PAGE 10B, THURSDAY, NOVEMBER 22, 2007

'

THE TRIBUNE



ea aa gS TO EC cele |
Third Judicial Review set to launch ‘very shortly’ over Guana Cay

FROM page one

the Association’s requests for
details on meetings and when
permit applications related to
Baker's Bay would come up.
An October 17, 2007, letter
from Association president
Troy Albury to the Hope Town
District Council said notice was
given the previous day on Gua-
na Cay that permit applications
by Baker’s Bay would come up
at the next council meeting.
Yet he added: “We have not
been given a chance to review
the plans, and this notice was

replaced with October 18.

“We wish to have an oppor-
tunity to review the plans and
have our experts review the
plans in order to determine if
we have any objections.”

Mr Albury also complained
that the developers had begun
housing and subdivision con-
struction without having com-
pleted all the infrastructure to
support these facilities, alleging
that this was not in compliance
with Baker’s Bay’s subdivision

by the developers.

Mr Albury wrote: “As with
all permit applications before
your council in reference to this
development, we again object
to these permit applications or
the following reasons.

“According to the subdivision
licence issued to the develop-
ers, no construction should
commence until all infrastruc-
ture for the subdivision is in
place. This includes sewerage
treatment plant, water, elec-

JOB OFFERINGS

A leading retailer is seeking the services of:

¢ Accountant
e Internal Audit Clerk

¢ General Accounting Clerks (2)

in dispute. We will need to ver-
ify the ownership of the land......

“We would like to clarify if
these houses are being built
under duty free concessions and
on what basis they are being
denoted to be duty free.”

Dr Livingstone Marshall,
Baker’s Bay’s vice-president of
environmental and community
affairs, yesterday told The. Tri-
bune that when it came to the
conditions of their subdivision
approvals, they could proceed
in one of two ways - wait until
all infrastructure was in place
or obtain a performance bond
to guarantee all the works.

The developers, he added,
had chosen to bond all the
works, enabling them to satisfy
fully the terms of their subdivi-
sion licence and go after subse-
quent permits.

Dr Marshall said the devel-

. opers had leases for all Crown

and Treasury land components
of the project. The only facilities

being constructed on the Trea-
sury land were those that would
serve the whole community,
such as the service pier, water
plant, waste water treatment
plant and back-up power plant.

Dr Marshall added: “Right
now, and for the foreseeable
future, there has been no for
sale products permitted on the
Crown Land or the Treasury
land. We haven’t gone to the
Hope Town District Council

‘and asked for any permits on

this.”

Dr Marshall, though, said the
Baker’s Bay developers had an
option as part of one lease to
conditionally acquire a parcel
of Crown Land, and it was only
after this was executed that they
might look to place real estate
for sale on this land.

Meanwhile, when it came to
the Association’s second judi-
cial review application, which
is challenging permits and
approvals issued to Baker’s Bay

by central government agencies
on the basis that they were not
given through the correct chan-
nels, Mr Smith said the
Supreme Court in Freeport had
set Thursday, November 29,
2007, as the date to hear its
applications for a ‘stop work’
order to be imposed on the pro-
ject.

The court will also hear the
Association’s discovery appli-
cation that day, Mr Smith saying
the group was hopeful the
Supreme Court would shortly
afterwards hear its full judicial
review application.

“There has to be respect for
local rights. The almighty dollar
is not God,” Mr Smith said.

“The fact someone wants to
develop means they should not
be given an omnibus green light,
particularly with Baker’s Bay,
which is overwhelming and has
so many facets to it.”

South Ocean
FROM page one

Requirements:

General:

Candidates must be competent, honest, efficient, of high integrity, proficient

in electronic data entry and possess good oral & written communication skills. trict of California, case number

O07CV 0342 W JMA, against the
Canadian Commercial Workers
Industry Pension Plan (CCWIP),
South Ocean Development Com-
pany (South Ocean), Allen &
Company and certain individuals
for fraud arising out of their con-
duct with respect to prior litiga-
‘tion over certain agreements to
purchase a waterfront hotel prop-
erty, overlooking a golf course
and marina, including a gaming
licence, located on the island of
New Providence, Bahamas.

“The suit alleged that the
defendants made fraudulent mis-
representations intended to
induce Case Financial to rely and
act on these misrepresentations,
and enter into a settlement agree-
ment resolving the prior litiga-
tion.

“The suit also alleged that the
defendants knowingly concealed
facts that would have had a mate-
rial impact on that settlement
agreement.

“On April 24, 2007, the com-
pany dismissed this lawsuit,
because an employee of CCWIPP
refused to release funds owed to
Case Financial, and therefore the
company could not afford to con-
tinue the lawsuit.”

Case Financial alleged that
South Ocean was sold to its cur-
rent buyer, Roger Stein and his
RHS Ventures group, prior to it
agreeing to settle a previous law-
suit filed in the US District Court
for the southern district of Flori-
da on November 9, 2005.

Prior to it agreeing to settle
that lawsuit, Case Financial
alleged that it was told it would
still have an opportunity to pur-
chase the South Ocean resort,
and the property’s continuing
availability was what influenced it
to settle.

A spokesman for CCWIPP at
the time had described Case
Financial’s action as being “with-
out merit”, adding that it would
be “vigorously defended”.

Specific:

Accountant must possess a valid certificate from the A.1.C.P.A. or equivalent
| professional body, a university degree in accounting, bus. admin., or
finance, and at least 3 years experience performing the functions of a
corporate accountant. Must have demonstrated good leadership, supervisory,
accounting and financial statements preparation skills in former engagements.

Internal Audit Clerk must possess an associate degree in any of the aforementioned
disciplines, and at least 2 years experience performing account analyses and
reconciliations, cash and inventory physical counts, and other related functions.

. Coordinator of
Patient Registration

General Accounting Clerks must possess a certificate in general office practices,

high school diploma, and BGCSE in Maths & English (grade C or better). are
Qualifications
¢ Baccalaurate Degree in Business or related studies:

MBA Preterred, MHA a plus:
3-5 years experience at 4 supervisory fevel:
Excellent computer skills (Spread-sheets database
management): Knowledge of ICD-9 & CPT codes perferred:
Excellent computer literacy; ;
Strong communication and interpersonal skills essential.
Ability to consistently manager multiple priorities and
adapt easily ina rapidly changing enviroiment.

Salary and benefits commensurate with level of certification, education,
experience and skills.

Only Bahamians need apply

Send resume to: seekingtalentedbahamians@gmail.com

Position Summary

* Responsible for managing the activities'and Personnel
of the Emergency Room Admissions Customer Service
and Cashier Departments,

Responsibilities include: scheduling aud evaluating
Associates while planning and executing stniegics
related to providing excellent customer service and

approvals. tricity, telephone, roads. This is

ensuring accunite collection of patient information to
Maximize reimbursement,

WAD

Nassau Airpart
Devefaopment Campany

Dircet, administer and coordinate the activities of the
Department to support the policies, goals and objectives
established by the institution.

Communicate effectively with jnternal and external customers
on a regular basis.

Continuously participate in performance improvements

i enhance services ty our customers throughout the

Do you want to join our team?

The following positions are currently available: organization.
Salary commensurate with experience
SUPERVISORS, CONSTRUCTION PROJECT Excellent benetits

Please submit resume to: Human Resources Department
Doctors Hospital | P.O. Box N-3018 | Nassau, Bahamas

or call'302-4618 | Website: www.doctorshosp.com

The Nassau Airport Development Company (NAD) is looking for highly motivated
Construction Project Supervisors to lead our transformation of the Lynden Pindling
International Airport. We are spending millions of dollars ta improve the airport in areas
like safety, customer service and commercial development. Projects will range from
$50,000 to over $2,000,000.



Reporting to the Manager, Projects, the successful candidate will be responsible for the
preparation of project plans and documentation, including requests for proposals (RFPs)
and scope. Plan construction timelines, ensure compliance with environmental and
safety regulations, coordinate construction with Operations, Maintenance and clients,
manage the day to day relationship with construction companies, track budgets, report
on project status and ensure overall project success,

The Bahamas Conference of The Methodist Church

EBENEZER METHODIST CHURCH
Established 1802

An engineering degree and 3 years experience would be ideal. However, experienced
construction project managers without degrees will definitely be considered. Strong

computer skills, in all Microsoft office programs are a must. CHURCH STAFF POSITION FOR YOUTH WORKER

Methodist Church is seeking to employ a vibrant Christian to work with its children,
teens and young adults.



SENIOR MANAGER, CORPORATE FINANCE |

Reporting to the Vice President, Finance and Chief Financial Officer, this senior
management position will be primarily responsible for managing financial forecasts and
projections, evaluating investment and financing arrangements, corporate cash
management, and managing contractual relationships with financial institutions,
government entities and airlines as well as other duties of strategic and financial
importance to the Airport's operation and redevelopment.

Applicants should:

+ Be personable, creative, mature and passionate about young people.
+ Possess excellent communication skills.

+ Be familiar with youth cultures and trends.

The ideal candidate will have a post secondary education in business, commerce or
science together with at least 5 years experience ina similar financial management role
and be proficient with Microsoft Office software including Excel and PowerPoint.
Preference will be given to candidates with advanced degrees such as an MBA or
professional designations in finance or accounting.

Responsibilities include:

+ Implementation and oversight of all Youth Ministry programmes.

+ Planning and leading Youth Services and events.

+ Leading young persons to Christ and creating life-time disciples.

+ Building relationships between youth, congregation and the wider community.
SUPERVISOR, EMPLOYEE SERVICES
Criteria for Employment
Reporting to the Manager, Human Resources the successful candidate will be primarily + A minimum of a Bachelor's Degree from a recognized university confirmed by a certi-
responsible for the oversight and coordination of the payroll, pension and benefits plans.
The Supervisor will also provide assistance to the Manager, Human Resources in a
variety of Human Resources functions.

fied copy of certificate. ;

+ Names and contacts of at least two professional references must be submitted.

+ Willingness to support Church's programmes.

The ideal candidate must have a degree in Human Resources Management or Business + Successful applicants will be expected to make a commitment to work in harmony
Administration with at least 3 years related experience in a similar position. Excellent

, interpersonal, leadership and communications skills both written and oral are a must.
The candidate must be able to multi-task in a fast paced environment, take initiative and

exercise sound judgment when handling confidential and sensitive issues.

with Christian principles and to support the emphasis of The Bahamas Conference of
the Methodist Church of which the church is a part.

Please send Resume together with a covering letter,

The positions offer competitive compensation and benefits with opportunities for career a statement of philosophy and a recent photograph to:

growth and development. If you are interested in joining our dynamic team, please

submit your resume to: The Teac ecsticr

Ebenezer Methodist Church
PO. Box SS 6145

Nassau, Bahamas

Mrs. Michelle Moss
Manager, People
Nassau Airport Development Company
Lynden Pindling International Airport
P.O. Box - AP59229
Nassau, The Bahamas

Or fax co: (242) 393-8135, or e-mail to beme@bahamas.net.bs

Candidates shore listed will be contacted by telephone, fax or e-mail for an interview.

Deadline for Applications November 30t, 2007
Only those applicants short-listed will be contacted.

Shirley Street, Nassau Bahamas







THE TRIBUNE





FROM page one

Checkers

BUSINESS





THURSDAY, NOVEMBER 22, 2007, PAGE 11B











ly the high-salaried carners



He added tnat the Fox Hill the case of the fourth pro- | Cartwright said.
and Joe Farrington Road posed outlet. fitting outa “They key secret to Check- — but the lower income work-
Checkers cutiet would cost propey Wasnhotion . eos ts that w © the best ers who did not
PO ee eae ee ced in 2rinciple. wir “more then what we spent ost a taniper $i watheawia bahoaridan CoSiDLe ai wall Lo cu sok. and were Seck-
noon bce ats “artwright saymig of the dvi; = On Carmicnaci Road”. vith «he tava : he dowest paces, ‘and when ing a good meal ata low
Ihe Pos hilt Oe ee e-throuch: “We could do tt He added saat the restau. the vial a We Moke Histarzs we TBeow price.
pinsron Road jocaon, m ceout it. but it would be rant these required an boat the res wand a SoyNeci ASR eG Os “Someone has to be bhold-
: oe added Welty Uiches aueh Beticl iow ; $SOO000 rovestment Sut ve etada o he | roe “RW he Jpagship for erbnte
YELNCESS OL NV > . : } aeaxve pag ceac at ie, wien s a4 rOL Nir
ma. Which he ho; ee - =< : one Weve = } 7 ihe ci Lo soid Whe ya Burn 4 ariwrignt said
Mipleted by tras \ orisitias. NG ~ yh | pvGa mr pa inve wd ioWe chomp it.” Werig fying to do
long with some mnlerror CC Sd C } our it ony Checkers’ targs) warset, that because ws a local prod-
ne ( h i | ; ; p of ie dr he added. was not necassnre met.”
Mr Cartwrtght sard ine

har motivation behiod ihe

dew location was that Caeek

ers did “not have a presence BORCO’s owner, the Venezucian sete: aynedt Gi cenis:

out east He sain ivi some POVSA had appointed Citigroup s investment vanKis, aoc i |
40-50 per cent oF Now Prov- the Open Wansparent ‘beauty contest” procsss, ae Inca 5 |

idence Ss population lived
west of its Mackey Street
restaurant, with the rematin-
der ~ currently vasetved Oy
the chai © living to the

“We had to have a pres
ence Gut east, and the loca-
on on the corner - W here it

east

| KROM page one



of as high as pSU0 million fad been receives dus ing, the HS
of BORCO’s auction, with some expecting the of) storage’
transshipment facility could fetch up to $800 million
The higher-priced bids were tiaderstood fo eliide ch
any environmenial clean up, and capital expena:ture ©
‘o upgrade BORCO’s tanks jetties, and pipes, projects |
easily cost upwards of $15 million.

| T he BORC O ae ry closed in ee amid a eoanean on Sup oply



















ORO > ARF POSTTION bC



® ADWINISTRATOR




s highly visible an a tigh- aitrogen blankets were placed on the refinery assets | The Puclseas Oo ov stake is responaible co th uch, supervised by the Pasior for
traffic area - Qvesthet Come them. ; ; cline wires WuRieeeat be €
easy on New Providence — — -fowever, after PDVSA took over it removed thes pstveiig tise Une Ala VaE NU ne
aow.” Mr Cartwright said. _ blankets, which allowed the refining assets t¢ devenore |

“We don't do walls, big | it impossible to restart the plani. This m aaew one will have to Mare dios cord keeping anid opera! i
shopping centres, because we | de built, providing the winning bidder bas T2a25 te de so. ; p £05

teel we get hidden. We want
to have our own identity,

This would require a $2 billion investmeat acd create 800 jobs.

developed, and it is understood that at least soine or the bidders

pore financial report for Pina

CO EPCASU TE

rehal NO oucyper

Comumitres: and

“With the visibility, you’ve
got half the job done,
becatise the key to a suc-
cessful business is its loca-
tion. We have a high traffic
ayea, and not only the meals
but the wash facility, too. We
want to structure it to the

believe that this can be used to double the transshiomient facility's

size. ' : basing Ag

PDVSA was viewing this undeveloped land as inves‘ment prop-

erty it could “sell for current market and increase the fieal price paid: |

| by any purchaser. fs pec
The Tribune attempted to reach Max Sweeting, RORCO’s vice- 5

president, in Grand Bahama, but he did not return caiis left on fis): 2 figyist vton

- Ameo ae
Cue, PrOoCEsMaes £






Anivcon records on Chicos Steak | lish end maintain records of

perties and tactics

‘toaara with Arcaicece Vontractors and officers in butid

Of BORCO’s 500 acre site, some 208 acres have never been
\
|
|
{
|
\



. ausWering Machine up to press ime. aan paleo churchitareiae
point where we give people | * rt petesas odeling od cquipging chivch autatags
I Maapaal ae Bae seeie he Peer h in ee a Me ee a .
iW oe hal ihe area ; . ‘ fi ’ te O MdoORt -eGures concerning, the use
heeds



Ihe Checkers restaurant

tok ns i a » | ‘
at the Fox Hill and Joe Far- Legal Nouce



“ork with the Properiv aod Cox rgregatic nal Boards ti. preparing an





rington Road junction will ip ~ : I Rad | ; j

_ wa il Budget of maintenance and equipment needs.

be in reach of communities NO TIC E es ae we

ator ae Se Se eee Af ! ‘ ; ‘

such as Fox Hill, Sea Breeze, rr ic workers mi the maintezanc vepair of all physical proper





Elizabeth Estates,
Yamacraw. Pori New Provi-
dence and Winton.

Based on the faci that the
three Checkers cates cur-
rently employ 15-20 people
at full operation, and with
the Sunrise wasnhhouse facil-
ity likely to require 10

La Jolla Advisors Ltd. tes. Pstapush ind implemenc ean nig inung, resioval ity schedules

o



fodime ihe grave yaid and parking i

(in voluntary Liquidation) “/ Covise the Operation oi food services.
Notice is hereby given that the above-named 10 Supervise assigned office personnel.
Company is in dissolution, which commenced on |

the 14th day November, 2007. Crecitors having

i other at » assigned ov Pastor





einplovees over two shiits Pek, ve abot Ree :
: ee ne C or al S agains above. om - ? : -
jam to 2pm, and’2pm to 9pm debts oi aliis ag inst the above amed Com (
Mr Cartwright estimated pany are required to send particulars ‘thereoi to .
that the expansion was likely the undersigaed cG P.O. Box N-16378, Nassau, ‘ni aind Rian a
to creale SOMe JU JODS ; . a. | se sends Resume Logerhe, “vit
He added that the compa- Bahamas, on or betore 21st December, 2007. ln tenient of phitosopay and + senn
Hy Wasim: Talks "10. acquire default thereof they will be exciuded trom the
an extra parcel of land to hp a ; we tea |
give” the new restaurant a benefit of any distribution made by ihe | ignidawwi i
drive-through like
Cartiichael s Mart ; \ . te
ihe sale in principle of the Alain Kunz | i iste ata
land in) question has been (Liquidator) ; cc eat i



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PAGE 12B, THURSDAY, NOVEMBER 22, 2007

| PROGRESSIVE SERVICE ORIENTED COMPANY
LOOKING FOR A FEW GOOD PEOPLE.

| DIESEL TECHNICIAN / MACHINIST

Prior experience on repairs to heavy trucks
mandatory. Experience repairing
International, Mack, and Cummins engines
and Electronics necessary. Extensive
experience in machine shop repairs to diesel

n By ERIC DASH
c.2007 New York Times
News Service

BLACKROCK, the big
investment firm, is expected to
be the main asset manager for
a $75 billion fund being creat-
ed by three large banks to help
shore up the market for asset-
backed securities, a person
briefed on the situation said
late Tuesday.

A custodian for the fund
could also be named shortly,
according to people with
knowledge of the matter, and
one leading contender is Bank
of New York Mellon.

No official announcements
have been made on either posi-
tion. But with plans under way
to begin raising more than $60
billion for the fund as early as
next week, there is a height-
ened sense of urgency to fill
both roles.

The country’s three biggest
banks — Bank of America,
Citigroup and JPMorgan
Chase — settled on the struc-
ture of the proposed fund
about a week ago, after two
months of negotiations against
the backdrop of deteriorating
economic conditions.

Banks and government offi-
cials are hoping that the back-
up fund will allow the finan-
cial instruments known as
structured investment vehicles,
or SIVs, to sell in an orderly
fashion the more than $250 bil-

engine parts mandatory. Top wages.
Uniforms furnished after probationary period.

Please come by and fill out an application,
and give us your resume at:

ra Mack Truck Sales a



PROVOST
MARSHALL SALE

An auction will be held on 28th Noveme-
ber, 2007 at 10:00 o’ clock at the Supreme
Court Building, Bank Lane, Nassau, The
Bahamas. On auction will be a number of



' Locman Watches in a variety of styles and

_ colours.

For more information please contact Miss
Cordell Frazier at Gibson & Company at

| 323-1234 or Mr. Jack Davis a the Supreme
Court at 356-9101.

ela

For the stories

behind the news,
read Insight
on Mondays

MUST SELL
VACANT COMMERCIAL PROPERTY

Lot #90-B comprising 22,376 sq.ft. and situated on the
western side of the main eleuthera highway and
approximately 2,219 ft. northerly of four-for-nothing road
in the Settlement of Lower Bogue,

North Eleuthera Bahamas.

ai-lid<












Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas
Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas

BY 0c 0 0 ee
| VACANT COMMERCIAL goa |

Lot #90-E comprising 16,521 sq.ft. and situated on the western side
of the main eleuthera highway and approximately 2,219 ft. northerly
of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

iateasicacties are in place.
For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit

Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management — Managing Director’s Office

PO. Box N-7518, Nassau, Bahamas



ene

lion in assets they hold and
avoid severe disruption to the
already jittery credit markets.

If BlackRock is appointed
manager, as expected, it will
be responsible for managing
the securities sold into the
fund’s portfolio, deciding
whether to sell an asset at a
particular price or hold it to
maturity. It is not clear
whether BlackRock will deter-
mine the prices or if they will
be set by an outside party.

The firm, which is known for
its keen attention to risk,
would lend both credibility and
capital markets expertise to a
proposal that has been shaky
from the start.

The firm recently indicated it
had less than one per cent of its
cash assets invested in SIV-
related debt. And it has large-
ly steered clear of the subprime
mortgage investments that
have gone bad, spreading dis-
tress throughout the financial
industry.

BlackRock was chosen over
at least two other investment
management firms for the right
to handle the assets of the
backup fund, according to peo-

le briefed on the matter, even
though its founder and chief
executive, Laurence D Fink,
had previously been reserved
about BlackRock’s participa-
tion in the fund.

Brian Beades, a BlackRock
spokesman, declined to com-
ment.

The bank chosen for the cus-
todian assignment would over-
see the financial record-keep-
ing and other back-office oper-
ations for the new fund. It
would be a prominent and
potentially lucrative task for
Bank of New York Mellon,
which has largely shunned the
spotlight despite its legacy as

>’ YAinerica’s.oldest bank, found-

ved, 223 years ago by Alexan-
der Mamiltai.

Kevin Heine, a spokesman
for the bank, declined to com-

















ment.

How much effect the backup
fund, a so-called super-SIV,
will have is unclear; many
investors and analysts are
skeptical that it will do much to
help.

Debt market conditions
have rapidly deteriorated in
the last few weeks as investor
appetites for pools of assets —
from mortgages to auto and,
more recently, credit card
loans — have all but dried up.

The fund’s organizers hope
that it will buy enough time for
asset prices to recover,
although most market analysts
say that is improbable. It may,
however, discourage SIVs
from dumping their holdings
all at once, a move that could
gause securities prices to col-
lapse.

That would force banks to
take even bigger write-offs and
could also put pressure on

THE TRIBUNE

BlackRock may lead
ank’s rescue fund

money market funds, whose
exposure to SIV-issued com-
mercial paper could put them
in jeopardy.

Bank of America, Citigroup
and JPMorgan Chase are each
expected to put up $5 billion to
$10 billion for the fund. The
remaining $60 billion or so is
expected to be raised from
dozens of financial institutions,
including several outside the
United States.

Bank of America and
JPMorgan will lead the fund-
raising effort. Citigroup will
take a back seat, people
involved with the plan said,

' because it could dispropor-

tionately benefit if the plan
provided relief to the seven
troubled SIVs it operates.

Officials at Bank of Ameri-
ca, JPMorgan and Citigroup
either did not return calls seek-
ing comment or could not be
reached.

ICD UTILITIES LIMITED
Notice To Shareholders

The Board of Directors of

ICD Utilities Limited is. pleased

to advise that a dividend of

10 cent per share

has been declared to all Shareholders

of record as at 3rd December, 2007

and payable on 14th December, 2007

MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-C comprising 21,430 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

Infrastructures are in place.
For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas





MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-G comprising 18,926 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower
Bogue, North Eleuthera, Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas





THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 13B





Long-term US mortgages
slump to six-month low

@ By JEANNINE AVERSA
AP Economics Writer

WASHINGTON (AP) —
Mortgage rates sank this week,
with rates on 30-year mort-
gages dropping to a six-month
low, a spot of welcome news
to would-be home buyers.

Freddie Mac, the mortgage
company, reported Wednes-
day, that 30-year, fixed-rate
mortgages averaged 6.20 per
cent. That was down from 6.24

per cent last week and was the
lowest rate since the week end-
ing May 10, when rates stood
at 6.15 per cent.

Other mortgage rates also
fell.

Rates on 15-year fixed-rate
mortgages, a popular choice
for refinancing, slid to 5.83 per
cent, from 5.88 per cent last
week. This week’s rate hasn’t
been lower since the week end-
ing February 2, 2006, when 15-
year rates averaged.5.81 per

Legal Notice

NOTICE

KONSTANTIN IT HOLDINGS INC.

cent, the mortgage company
said.

For five-year adjustable-rate
mortgages, rates fell to 5.88 per
cent, down from 5.96 per cent
last week.

This week’s rate hasn’t been
lower since the week ending
May 3, when five-year rates
averaged 5.87 per cent, Freddie
Mac said.

Rates on one-year
adjustable-rate mortgages
dropped to 5.42 per cent, com-
pared with 5.50 per cent last
week. The rate on one-year
ARMs hasn’t been lower since
late March, when rates aver-
aged 5.40 per cent.

The moderation in mortgage
rates around the country pro-
vides a dose of good news for
prospective home buyers,
some of whom also may be fac-
ing a situation of harder-to-get
credit. But the easing in mort-
gage rates doesn’t change
housing’s overall bleak picture.

“The housing market
remains weak, continuing to
be a drag on the economy,”
said Frank Nothaft, Freddie
Mac’s chief economist.

Rates

The mortgage rates do not
include add-on fees known as
points. Thirty-year, 15-year
and five-year mortgages each
carried a nationwide average
fee of 0.5 point. The one-year
ARM carried an average fee
of 0.6 point.

A year ago, 30-year mort-
gages stood at 6.18 per cent.
Rates on 15-year mortgages
were at 5.91 per cent a year
ago, while five-year ARMS
averaged 5.99 per cent and
one-year ARMs were at 5.49
per cent. '

The housing market has
been suffering through a
severe slump, following five-

years of heady activity. Sales _

turned weak as did home
prices. The problems in hqus-
ing are expected to persist well
into next year.

The boom-to-bust situation
has been especially hard on
homeowners with spotty cred-
it and lower incomes. Foreclo-
sures and late payments have
surged.

Overstretched borrowers in '
some cases have been stuck
with mortgages that eclipse the
value of their homes.

Borrowers that took out
adjustable-rate mortgages with
low introductory “teaser” rates
have been socked when those
loans reset to much higher |,
rates. :

HARBOURSIDE MARINE.
LOOKING FOR... ::

CARPENTER. |

PLEASE FAX RESUME 394-3885
OR CALL 393-0262 |

Notice is hereby given that in accordance with section

138 (8) of the International Business Companies Act
2000, the dissolution of KONSTANTIN II HOLDINGS
INC. has been completed; a Certificate of Dissolution has
been issued and the Company has therefore been struck

off the Register.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

KEY CAMPING INC.

— Q—

“Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of KEY CAMPING INC. has been
completed; a Certificate of Dissolution has been issued
and the Company has therefore been struck off the

Register.

ARGOSA CORP. INC.
(Liquidator)

Vacancy

Announcement

Blue Shark Golf Course is currently
accepting applications for the position of

EXECUTIVE CHEF/
RESTAURANT MANAGER

Applicants should have a minimum of an

Associate degree in Management and a |

Chef Certificate from an accredited Culinary
Institute locally in the Bahamas or in the
USA or Canada along with 3 years expeeri-
ence as a Chef and Manager.

Specific experience with an upscale restau-
rant in cooking, menu preparations, devel-
opment and design for American, Canadian
and European tourists, the highest interna-
tional service stanards, proper health and
cleanliness practices, meal presentation,
purchasing and stocking of products and
supplies. Knowledge of golf course res-
taurant service and food preparation is a
must. Leadership and supervisory skills are
required.

To apply call 424-6932

Legal Notice

NOTICE

WEDNESA VISTA LTD.

enna o—
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of WEDNESA VISTA LTD. has
been completed; a Certificate of Dissolution has been is-
sued and the Company has therefore been struck off the

Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

THE BLUE SKY HIGH TECH LTD.

—— o—
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of THE BLUE SKY HIGH TECH
LTD. has been completed; a Certificate of Dissolution
has been issued and the Company has therefore been

struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

position
available

The Cove @ Atlantis Resorts
Registered Nurse — Full Time

Responsibilities:

@ Provide primary and minor emergency medical
care

e Administration of medication, oxygen,
intravenous fluids as indicated and outlined in the
clinical Protocol Manual

e Provide accurate and comprehensive medical

reports as required .

Requirements:

e Holder of current Bahamian licence

e Must have at least three years experience post
graduation

e have current BLS & ALS Certification

e Must be responsible, have good communication
skills and independent.

THE

CV should be sent via
e-mail to mary.epcotmedical
(@coralwave.com by
November 31*, 2007.

TURES






MEDICLINIC |



A leading global, research-based pharmaceutical company
seeks qualified persons for the following position:

Medical Sales Representative

The medical rep will be responsible for promoting
pharmaceutical brands within the healthcare community in
The Bahamas.

Skills & Educational Requirements:

Jf Bachelor’s degree in medical science, allied health, or
business management

/ Effective communication and presentation abilities

of Proficiency in time management, planning and organizing
/ Computer literate

o/ self-motivated team player

/ Previous experience in pharmaceutical detailing would be
an asset

Candidates should possess a reliable motor vehicle, be willing
to travel to the family islands, to the U.S., and other foreign
countries.

Please send résumés by December 7th to:

Medical Rep
Lowe's Wholesale Drug Agencies
P.O. Box N-7504
Nassau, Bahamas
or FAX: 393-0440 -

We thank all applicants for their interest, however;
only short-listed candidates will be contacted.

AFFAIRS AND LABOUR



PORT DEPARTMENT

NOTICE

The public is hereby advised that all boat and master
licences under the Boat Registration Act expires December
31st, 2007.

The Port Department is now accepting applications for
new and renewal of applications for the year 2008 under
the Boat Registration Act. Applications are also being
accepted under new The Commercial Recreationa
Watercraft Act for Parasail, Banana, Banana Boat and
Personal Watercraft to be considered by the New Providence
Port Authority Board.

Application forms may be collected from the Boat
Registration section of the Port Department located in the
Port Administration Building located on Prince George
Wharf, Monday to Friday between the hours of 9:30am to
4:00pm.

Applicants are further advised that all necessary documents
must be presented at the time of application in order to be
‘considered by the Board for new or renewal of applications.

Captain Anthony J. Allens
Port Controller




GN-607







+



PAGE 14B, THURSDAY, NOVEMBER 22, 2007

THE TRIBUNE



Raa ea eee ee
Fed predicts slowdown, not recession, in 2008

@ By EDMUND L ANDREWS
c.2007 New York Times
News Service



‘WASHINGTON The
Federal Reserve expects eco-
nomic growth to slow sharply
next year, and policymakers
there are worried that even this
forecast may prove too opti-
mistic, according to an assess-
ment that the central bank
released on Tuesday.

In a new effort to be more
open, the Fed released a
detailed forecast that summa-
rized the predictions of the Fed
governors and regional bank
presidents.

It also reported their dis-
agreements, which almost all
centered on how much the
broad economy is likely to be




PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, ARLINQUA
AKEIA JOHNSON of Nassau, Bahamas intend
to change my name to ARLINQUA AKEIA
RUSSELL. If there are any objections to this
change of name by Deed Poll, you may write such
objections to the Chief Passport Officer, PO.Box N-
742, Nassau, Bahamas no later than thirty (80) days
after the date of publication of this notice.

damaged by the surge in oil
prices and the tight credit mar-
kets brought on by the recent
severe problems in housing and
mortgage lending.

At the same time, Fed offi-
cials expect unemployment to
rise only slightly and inflation
to edge down. In a shift from
three weeks ago, the officials
said they agreed that recent evi-
dence of slowing inflation was
more than a temporary blip and
would “likely be sustained.”

Neither the forecast nor new-
ly released minutes from the
Fed’s last meeting on October
31 mentioned the chances of a
recession, but the new predic-
tions are low enough that, if
borne out, the economic situa-
tion might feel like a recession
to many people.









NOTICE

EXXONMOBIL EAST VENEZUELA
GAS COMPANY LIMITED

The forecast, which was much
anticipated, did nothing to end
the battle of wills between Fed
officials and Wall Street over
the need to reduce interest rates
for a third time this year when
the rate-setting Federal Open
Market Committee meets next,
on December 11.

Investors did not seem to
know how to react to the infor-
mation. Share prices initially
dropped after the report was
released, possibly in reaction to
the reluctance that the policy-
makers had expressed toward
cutting rates last month. But
prices bounced back and ended
the day modestly higher, possi-
bly in response to the Fed’s
reduced alarms about inflation.

The Dow Jones industrial
average rose 51.70 points, or
0.40 per cent, to 13,010.14, after
making 100-point swings in both
directions. That followed Mon-
day’s drop of more than 200
points. Many Nasdaq or small
stocks were flat or lower.

Fed officials have signaled in
recent speeches that they do not

‘want to cut rates anytime soon,

saying their cuts in September
and October would be enough
to keep the economy out of
recession.

Indeed, many of them were
already uneasy about their last

cut in the benchmark federal

funds rate on October 31, to 4.5
per cent from 4.75 per cent.
According to the minutes of
that meeting, Fed bankers saw
that decision as a “close call.”

But many investors continue
to bet heavily on a rate cut in
December, and some econo-
mists and Wall Street analysts
argue that the economy will
come much closer to stalling
than the Fed now assumes.

“I think what we’re really
debating here is the timing,”
said Stuart Hoffman, an econo-
mist at PNC Financial in Pitts-
burgh. “Whether or not it hap-
pens on December 11, my guess
is that by the March meeting,
the Fed funds rate will be four
per cent.”

The new forecasts for growth
next year in the gross domestic
product range from 1.6 per cent
to 2.6 per cent. That is both low-
er and more uncertain than in
June, when the forecasts ranged
from 2.5 per cent to three per
cent.

“Most participants viewed the
risks to their GDP projections
as weighted to the downside,”
the central bank said in its sum-
mary of the last policy meeting.

The new assessment shows
that policymakers still see only
limited evidence that the prob-
lems in housing and subprime
mortgages have damaged the

NOTICE

ONMO

Vv

CEUTA SUR LIMITED

broad economy.

The “central tendency” of
policymakers’ individual fore-
casts calls for economic growth
in 2008 of 1.8 per cent to 2.5 per
cent. Growth in 2007 is expect-
ed to be 2.4 per cent to 2.5 per
cent.

As a group, Fed policymakers
expect “subpar economic
growth” over the next year.
They also predict that unem-
ployment will edge up to as
much as four per cent next year,
compared with about 4.7 per
cent today.

But the new report shows
that they are much more wor-
ried that the downturn in hous-
ing and the problems in mort-
gage markets could cut deeper
into the overall economy.

Fed officials also appear to
have reduced their estimates
about the nation’s long-term
potential rate of growth with-
out inflation, often described as
the economy’s speed limit. The
potential growth rate is based
on estimates of future produc-
tivity growth and increases in
the population. Until recently,
most economists estimated a
potential growth rate of three
per cent a year. But Fed offi-
cials appear to have reduced
that to about 2.5 per cent, with
an assumption that productivity
will climb about 1.5 per cent a
year. That would be much slow-
er than in the 1990s.

The new forecasts represent-
ed the Federal Reserve’s latest
step from secrecy toward open-
ness, an evolution that has been
under way for two decades.

The Fed is now releasing its
economic forecast four times a
year, rather than twice, and the

years instead of two. Because
the outlook stretches further
into the future, and assumes
that the economy will be shaped
by “appropriate” monetary pol-
icy, the new outlook implies
what Fed officials think is both
possible and desirable.

The new forecasts predict
that inflation will range from
1.5 to two per cent in 2008 and
2009. That is slightly higher than
the range of one to two per cent
that the Fed chairman, Ben S
Bernanke, has mentioned in the
past. But it is roughly consis-
tent with what analysts have
long considered the Fed’s unof-
ficial target for inflation.

But analysts cautioned that
the forecast was muddier than it
might appear. That is because it
is an amalgam of individual
forecasts from each of the Fed’s
12 regional banks and from
each of seven Fed governors.
As a result, the consolidated
predictions for growth, employ-
ment and inflation can seem at
odds with one another.

One incongruity, for exam-
ple, is that the Fed forecasts sig-
nificantly slower growth over
the next year but only a modest
increase in unemployment to
five per cent — still a low level
judged by long-term perspec-
tives.

Ian Shepherdson, chief US
economist at High Frequency
Economics, said he would take
the Fed forecasts with a grain of
salt. “The Fed is just as behold-
en to the short-term, high-fre-
quency data as it ever was,” he
wrote in a note to clients. “We
do not propose in the future to
devote much time to the Fed’s
now-quarterly forecasting exer-

Creditors having debts or claims against the |
above-named Company are required to send|
particulars thereof to the undersigned c/o P. O. Box |
N-624, Nassau, Bahamas on or before 11th)
December, A.D., 2007. In default thereof they will
be excluded from the benefit of any distribution
made by the Liquidator.

Dated the 20th day of. November, A.D., 2007.

K.L. Floyd
Liquidator
16945 Northcase Drive
Houston, Texas 77060, U.S.A.

NOTICE

EXXONMOBIL VENEZUELA.
CEUTA SUR LIMITED

NOTICE IS HEREBY GIVEN as follows:

(a)
is in dissolution under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the
20th day of November, 2007 when its Articles of Dissolution
were submitted to and registered by the Registrar General.

(c) The Liquidator of the said Company is K. L. Floyd 16945
Northchase Drive, Houston, Texas 77060, U.S.A.

Dated the 20th day of November, 2007.

HARRY B. SANDS, LOBOSKY
MANAGEMENT CO. LTD.
Attorneys for the above-named Company

Bist

Pricing Information As Of:

Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs
Doctor's Hospital
Famguard

Finco

FirstCaribbean

Focol (S)

Freeport Concrete

ICD Utilities

J. S. Johnson

Premier Real Estate

Bahamas Supermarkets
Caribbean Crossings (Pref)
RND Holdings

Bahamas Supermarkets
RND Holdings



un ame
Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MSI Preferred Fund
Colina Bond Fund

Fidelity Prime Income Fund

3.5388*"*
2.938214***
1.279370°**
11.8192***

1.2037
11.2596









Creditors having debts or claims against the
above-named Company are required to send
particulars thereof to the undersigned c/o P. O. Box
N-624, Nassau, Bahamas on or before 11th
December, A.D., 2007. In default thereof they will
be excluded from the benefit of any distribution
made by the Liquidator.

Dated the 20th day of November, A.D., 2007.

K.L. Floyd
Liquidator
16945 Northcase Drive
Houston, Texas 77060, U.S.A.

NOTICE

EXXONMOBIL EAST VENEZUELA
GAS COMPANY LIMITED

NOTICE IS HEREBY GIVEN as follows:

(a)
is in dissolution under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the
20th day of November, 2007 when its Articles of Dissolution
were submitted to and registered by the Registrar General.

(c) The Liquidator of the said Company is K.L. Floyd, 16945
Northchase Drive, Houston, Texas 77060, U.S.A.

Dated the 20th day of November, 2007.
HARRY B. SANDS, LOBOSKY

MANAGEMENT CO. LTD.
Attorneys for the above-named Company



amend

Weekly Vol. EPS $



Last 12 Months Div $







new forecast looks ahead three



cise.”

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, INDYA JADA
DEAN AKA INDYA JADA BANNISTER of

Nassau, Bahamas intend to change my name to
INDYA JADA ARMBRISTER. If there are any
objections to this change of name by Deed Poll,
you may write such objections to the Chief Passport
Officer, PO.Box N-742, Nassau, Bahamas no later
than thirty (30) days after the date of publication of

NOTICE

NOTICE is hereby given that ROCHELLE TELFORT,
WASHINGTON STREET, NASSAU, BAHAMAS, is applying
to the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 15TH day of NOVEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, RO.Box N-7147,
Nassau, Bahamas.

QUANTITY SURVEYOR







FML Group of Companies Ltd.
is seeking to employ a

Marketing

Manager

Must be young, aggressive and energentic
with experience in marketing and public



EX ,000.|
52wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price In last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid In the last 12 months

P/E - Closing price divided by the last 12 month earnings

8) - 4-for-1 Stock Split - Effective Date 8/8/2007

KS1) - 3 k Split - Eff

- last 12 month dividends divided by closing price
Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - Acompany's reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

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







relations.

*- 9 November 2007
** - 30 June 2007
*** . 31 October 2007
see". 31 July 2007

Interested persons may fax their resumes
to 394-2193.






FPOHT POR MORE DATA ® INFORMATIONS



THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 15B



Freddie Mac losses reflect housing woes

@ By MICHAEL M
GRYNBAUM
c.2007 New York Times
News Service

LOSSES at Freddie Mac
underscored the continuing tur-
moil in the housing industry
Tuesday, and other develop-
ments reinforced the sense that
conditions would not improve
soon.

_Freddie Mac, the big mort-
gage finance company, posted a
$2 billion loss for the third quar-
ter and warned that it might not
have enough capital on hand to
cover the mandatory reserves
for its mortgage commitments.

The company has been bat-
tered by a rising wave of fore-
closures tied to subprime mort-
gage defaults, and it is “seri-
ously considering” cutting its
stock dividend.

Freddie’s misfortune is par-
ticularly rattling because the
company is considered some-
thing of a backstop for the lend-
ing industry. With its implied
guarantee of government back-
ing, the housing market looks
to Freddie, and its bigger sib-
ling, Fannie Mae, to provide sta-
ble credit and financing for a
wide swath of mortgages.

But Tuesday’s earnings
report showed that even the
gold standard of lending agen-
cies was not immune to the tox-
ic subprime securities that have
infected much of the market.

The loss included a provision
for credit losses of $1.2 billion,
and it wrote down the value of
some assets by $3.6 billion. And
Freddie’s outlook remained
cloudy: Executives said they did
not expect earnings to improve
in the fourth quarter, and they
suggested that the government
would not lower its 30 per cent
threshold for Freddie’s reserves.

Shares of the company plum-
meted 28.7 per cent, to $26.74,
its lowest level in 11 years, while
shares of Fannie Mae dropped
24.8 per cent. Freddie will seek
advice from Goldman Sachs
and Lehman Brothers for its
short-term efforts to shore up
its reserves.

While many analysts said the
poor earnings suggested that
subprime problems had spread
to new corners of the mortgage
market, some said that they did
not antierpate-a significant tight-





ening in Freddie’s lending stan-
dards.

“One of the reasons why they
are trying to do a significant
capital raise is they want to be
out there continuing to provide
credit,” said Frederick Cannon,
a managing director at Keefe,
Bruyette & Woods, who covers
the housing sector.

But the agencies’ exposure
could also restrict the govern-
ment’s ability to intervene in
the market.

“It makes any potential large
federal response that much
more difficult,” said Joseph
Brusuelas, chief US economist
at IdeaGlobal. “If the federal
government were to respond
aggressively to a greater-than-
expected downturn in the hous-
ing sector, it would rely on Fan-
nie and Freddie to do a lot of
the heavy lifting.”

Case

In Freddie’s case, the compa-
ny warned about more prob-
lems in the coming months.
“Without doubt, 2007 has been
an extremely difficult year for
the country’s housing and cred-

_ it markets,” Richard F Syron,

Freddie Mac’s chairman and
chief executive, said in a state-
ment.

Syron was not alone in his
lament. D R Horton, the
nation’s largest home builder,
reported a $50.1 million loss in
its fiscal fourth quarter as the
housing downturn pummeled
its inventory, good will and
land-use contracts.

Lower demand and tighter
lending standards have cut back
the company’s business and
caused ‘many clients to cancel
contracts.

“We expect the housing envi-
ronment to remain challeng-
ing,” Donald R Horton, the
company’s chairman, said in a
statement.

The subprime debacle also
claimed another prominent
casualty Tuesday. The chairman
and chief executive of H&R
Block, Mark Ernst, said he
would resign amid the compa-
ny’s difficulties with subprime
exposure. Ernst had come
under fire for the failed sale of
the Option One Mortgage
Corp., a company subsidiary
that took heavy losses’on risky

loans.

His successor as chairman will
be Richard C Breeden, the for-
mer chairman of the Securities
and Exchange Commission,
who was recently elected to
H&R Block’s board after
sharply criticizing Ernst.

The chief executive slot will
be temporarily filled by Alan
M Bennett, a former top exec-
utive at Aetna, the insurance
company.

And home-building data
released Tuesday offered no
hint of an end to housing trou-
bles. Permits to break ground
fell 6.6 per cent in October to
their lowest level in more than
14 years, a sign that builders are
cutting back on residential

~ home projects.

Permits have dipped nearly
25 per cent since last October,
to a seasonally adjusted 1.18
million annual rate, the Com-
merce Department said.

New residential construction
grew slightly last month, rising
three per cent, to an annual
pace of 1.23 million. It was the
first increase in four months,
but the increase came mostly
from a 44 per cent jump in mul-
tifamily developments, like con-
dominiums.

Construction of single-family
homes dropped again last
month, and housing starts over-
all remain near their lowest lev-
el since the recession of the ear-
ly 1990s.

“With mortgage financing
further constrained and inven-
tories of unsold homes quite
high, the near-to-medium term
outlook for housing starts is not
good,” Joshua Shapiro, chief
US economist for MFR, wrote
in a research note.

That would be unfortunate
for Freddie Mac, whose mort-
gage-related securities rapidly
lost their value as the subprime
market began to collapse. Fred-
die lost $3.29 a share in the third

* quarter, compared with a loss

of $715 million, or $1.17 a share,
in the period a year earlier. The
company also said it did not
expect earnings to improve in
the fourth quarter.

“We're not happy about
this,” Syron, Freddie’s chair-
man, told investors and share-
holders on a conference call.

“We don’t expect you to be |

happy about it.”

INDEPENDENT
SALES
PERSONS

NEEDED!

e Excellent opportunity
for you to control your
income.

e You are limited only to
your potential
e Flexible hours available
e Excellent commissions
and benefits

Must have a proven track record in sales
Professional appearance a must

Must have reliable transportation

_ Ability to meet and adhere to strict deadlines
Excellent written and communication skills.

Apply in writing to
Sales Representatives

Box PM-1

C/O The Nassau Guardian

P.O. Box N-3011

Nassau
Bahamas





THE TARIFF ACT
(No. 5 of 2003) —

DECLARATION OF EXIGENCY

The Minister of Finance, pursuant to the provisions of Item 11 of
Part B of the Fourth Schedule to the Tariff Act, hereby declares the
following Exigency to be an Exigency which qualifies for the
purposes of the exemption permitted under the said Item 11, namely:-

the urgent need for goods specified in Schedule A hereof
which the Minister is satisfied are intended for the relief of
residents in the Islands listed in Schedule B hereof who
suffered hardship or loss as a result of the Tropical Storm
Noel, and whose claims / applications in respect of such
goods in respect of Part A hereof are certified by the Director
of The National Emergency Management Agency (NEMA),
in respect of the Farming Industries in Part B hereof by the
Director of Agriculture, and in respect of the Fisheries
Industries in Part C hereof by the Director of Fisheries.

The Minister of Finance further declares that the importation of
goods under the provision of the said Item II are only permitted

during the period commencing 15th November, 2007 and ending
on the 31st March 2008.

SCHEDULE A
DUTY FREE GOODS

Part A

Building materials
Electrical fixtures and materials. .
Plumbing fixtures and materials::-~:

Household furniture, furnishing and appliances

Part B (Farming Industry)

1. Supplies for the reconstruction and repair to greenhouses, including
plant sleeves, timers, plant pots and soil-less growing media for
plant growth.

2. Supplies for the reconstruction and repair to poultry houses.
3. Supplies for the reconstruction and repair of irrigation systems.
4. Nursery stock for the re-establishment of fruit orchards.

5. Items required for fencing.

Part C (Fishing Industry)

1. Galvanized sheeting and other materials used in the construction
of fishing habitats.

2. Fishing boats

3. Fishing gear and apparatus

Part D

Motor Vehicles
Motor Cycles
Golf Cart «

Schedule B
Islands

Acklins
Cat Island
Crooked Island
Eleuthera
Exuma and Cays
Long Cay
Long Island
Rum Cay
San Salvador

Where any abuse or misuse of goods imported under this Declaration
is observed, the goods may be seized and disposed of in accordance
with Section 83 of the Customs Management Act.

Dated this 15th of November, 2007

Minister of Finance

}



Lene nmwamouae



PAGE 16B, THURSDAY, NOVEMBER 22, 2007

THE TRIBUNE



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EPIL!

US labour market
__temaining solid

@ By JEANNINE AVERSA
AP Economics Writer

_ WASHINGTON (AP) —
Fewer people signed up for
jobless benefits last week, an
encouraging sign that most
companies aren’t resorting to
large-scale layoffs as the coun-

try copes with continuing prob- .

lems in the housing and credit
markets.

The Labour Department
reported Wednesday that new
applications filed for unem-
ployment insurance dropped
by a seasonally adjusted 11,000
to 330,000 for the week end-
ing November 17. It was the
lowest level since the begin-
ning of November. The
330,000 level of claims was in
line with economists’ forecasts.

A year ago, new claims for
unemployment insurance
stood at 322,000.

The four-week moving aver-
age of claims, which smooths
out week-to-week volatility,
dipped last week to 329,750, a
decrease of 750 from the pre-
vious week. It marked the low-
est level since late October. A
year ago, the four-week aver-
age of claims was 319,500.

“We continue to believe that
most statistical and anecdotal
evidence continue to point to a
relatively healthy labour mar-
ket,” said Omair Sharif, an
economist at RBS Greenwich
Capital.

Economic

In other economic news, a
gauge of future business activ-
ity suggested the economy’s
growth in the months ahead
could slow even more than
anticipated. The Conference
Board reported that its index
of leading indicators fell 0.5
per cent in October, after tick-
ing up 0.1 per cent in Septem-
ber.

For more information visit any branch of FirstCaribbean International Bank.

Or call:
New Providence - 502-6800/01
Family Islands - 1-242-300-2255

The layoffs report also
showed that the number of
people continuing to collect
unemployment benefits, how-
ever, rose by 7,000 to 2.57 mil-
lion for the week ending
November 10, the most recent
period for which that informa-
tion is available. A year ago,
continuing claims stood at 2.43
million.

The White House hailed the
new report on the employment
activity.

Fact

“The fact that we’re seeing
relatively strong job creation
and solid wage growth is help-
ful. This is a fairly resilient,
flexible economy that has
shown an ability to withstand
shocks,” said White House
deputy press secretary Tony
Fratto.

But On Wall Street, the lay-

offs new failed to ease’

investors’ anxieties about fall-
out from the housing collapse.
The Dow Jones industrial aver-
age was down more than 80
points in early trading.

The state of the nation’s
employment climate is a cru-
cial factor in determining
whether the economy will, in
fact, weather the stresses from
the housing slump and credit
crunch.

So far, decent job creation
and wage growth have helped
to offset some of the negative
forces hitting some people,

‘ problems ranging from weaker

home values to hard-to-get
credit.

The national civilian unem-
ployment rate — now at 4.7
per cent of the labour force —
is considered low by historical
standards. The jobless rate is
expected to slowly climb in the
coming months as the econo-
my loses steam.

Even though the labour mar-

ket has so far been holding up
fairly well to stresses in the
economy, job losses have been
painfully felt in construction,
manufacturing, mortgage
banking and other businesses
more closely linked to the trou-
bled housing and credit sec-
tors.

The economy, which grew at
a brisk 3.9 per cent pace in the
third quarter, is-expected to
log growth at only half that
rate or less in the final three
months of this year, analysts
say.

The Federal Reserve, in the
first of new quarterly reports to
the nation, said that it believes
the unemployment rate will
rise to between 4.8 per cent
and 4.9 per cent next year. For
all of last year, the jobless rate
dipped to 4.6 per cent, a six-
year low.

The Fed said the “unem-.
ployment rate would increase
modestly” in 2008, stabilize in
2009 and then decline slightly
in 2010.

Combat

To combat the troubles in
the economy, the Federal
Reserve has sliced interest
rates twice this year — in Sep-
tember and October. That
dropped that Fed’s key interest
rate to 4.50 per cent. The deci-..
sion to cut rates in late October
was a “close call,” according -
to minutes of that closed-door
meeting released Tuesday. At
the time, Fed Chairman Ben
Bernanke and his colleagues
hinted that it may not need to
lower rates again.

Against that backdrop, the
Fed is likely to leave rates
alone when it meets next on
December 11. However, some
investors and analysts believe a
third rate reduction will be
needed then to help energize
the economy.

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Volume: 104 No.2

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“~~ MOSTLY
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’ The Tribune





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BAHAMAS EDITION



hve 1]
; Arar



(oy Pa NOVEMBER 22, aoe

OBITUARIES

and RELIGION

PRICE — 75¢

IN TODAY’S TRIBUNE






Oye







Eight people in custody in
connection with Harl Taylor’s
murder were working

at weekend reception

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

THE eight persons in custody
in connection with the murder of
Har! Taylor are chefs and waiters
who were working at a wedding
reception in the gardens of Mount-
batten House a day before the
designer’s body was found, police
confirmed yesterday.

A source close to thé detainees:
told The Tribune yesterday that
he believes that these eight peo-
ple — seven Dominicans and one
Bahamian — were only taken into
police custody because they were
most likely the last persons to see
Mr Taylor alive.

Mr Taylor, the 37-year-old
designer of exclusive women’s
hand bags, was found stabbed to
death in his Mountbatten House
residence on West Hill Street on
Sunday morning.

The source close to the
detainees claimed that following
the wedding reception on Satur-
day, the group of chefs and waiters
returned to Mountbatten House
on Sunday morning to clean up
the premises.

According to the source, the
Dominican workers resided at
Mountbatten House up until last
Thursday, before they relocated
to Park Manor Hotel: on Market
Street
Chief Supt Glen Miller, officer

in-charge of CDU, yesterday said
that police will seek an extension in
order to hold the seven Domini-
cans and one Bahamian longer for
questioning.

Normally, persons can only be
detained by police for 48 hours
without being changed with a
crime.

However, due to the nature of

SEE page 10

Woman in Intensive
Care after stabbing

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

FREEPORT - A 46-year-old woman who was stabbed in the
neck during an altercation on Tuesday is in the Intensive Care

Unit at Rand Memorial Hospital.

Assistant Police Superintendent Loretta Mackey, press liaison
officer, said a 51-year-old man of Grand Bahama is assisting police
with their investigation into the stabbing.

According to initial reports, the woman, a resident of Lady Lake
Subdivision, was involved in an altercation around 10pm on Tues-
day when she was stabbed on the left side of her neck.

She was taken to the hospital where her condition is listed as

“guarded.”

Police are continuing their investigations into the matter.






CRIME SCEN!



is recommended
TCO Ie UY Ee
shooting death

of Androsian

i By:ALISON LOWE

Tribune Staff Reporter
alowe@tribunemedia.net



IT HAS been recommend-
ed that there be a coroner’s
inquest into the police shoot-
ing death of Androsian Ken-
neth “Kenny” Russell, acting
commissioner of police Regi-
nald Ferguson said yesterday.

“That file has been for-
warded to the coroner’s
court,” said Mr Ferguson.

This comes after police
informed the press a week ago
that their investigation into
the matter had been complet-
ed and forwarded to the com-
missioner for him to make a
decision as to what action, if
any, should be taken against
the police officer who shot Mr
Russell.

Yesterday, retiring Com-
missioner Paul Farquharson
said that he was in fact
unaware of the matter being
sent to the coroner’s court as
he had not been “dealing with
that.” He said he believed that
it was in fact Mr Ferguson or
Assistant Commissioner Elli-
son Greenslade who had
responsibility for that deci-
sion.

A coroner’s inquest is one
of several options that could
have been chosen by the offi-
cers. These also included rec-

SEE page 14












































ace to Mount

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

TODAY marks the first day
that Reginald Ferguson takes
over duties from.Paul Farquhar-
son as acting Commissioner of
the Royal Bahamas Police Force,
after the two completed a tour of
the Bahamas. last week to

~ announce the handover.

Mr Farquharson is now on two

‘months leave to January 18th

when he will return to publicly
carry out the handover as com-
missioner to his successor.
Retiring Commissioner Far-
quharson said yesterday that he is
most looking forward to spending
more time with his family, after
giving 40 years service to the Roy-
al Bahamas Police Force, includ-

Na



aa Lc Reginald ie takes over



ing just one month short of seven
years as police chief, if his time as
acting commissioner is taken into

SEE page 10

Police called after Dr Rudy
King reported missing in LA

LOS ANGELES police were called in last night after Nassau events
organiser Dr Rudy King was reported to have “gone missing” from a top

Beverly Hills hotel.

The colourful impresario and fund-raiser flew into Los Angeles by pri-
vate jet last Friday, checked into the $1,200-a-night penthouse at the Bev-
erly Hilton, then vanished, according to concerned associates.
- Last night, internationally-known numerologist Jerome Carter alerted
Los Angeles police to his disappearance, Maiming he had “bad feelings”

about Dr King’s fate.
“T see him in chains,”

said the man famous for his uncannily accurate

predictions, “I feel he is being held against his will.”
Mr Carter said Dr King was due to appear at a special church service
on Sunday at which he was to have presented one of his international

foundation awards.

However, even though the event was widely publicised, and extreme-
ly well-attended, Dr King failed to appear, forcing organisers to proceed

SEE page 10





ASA
aoe

‘Felipé Major/Tribune staff

TALL eh

Contested voter
‘was not ordinary
resident in the
Pinewood
constituency’

@ By BRENT DEAN
Tribune Staff Reporter
-bdean@tribunemedia.net -

A WOMAN who has been a res-

: ident of Fox Hill for more than a

year, acknowledged through her
testimony in election court yester-
day that she was not an ordinary
resident in the Pinewood con-
stituency for six months prior to
the election.

Jennifer Davis, who is on the
joint list of contested voters by the
PLP and FNM, told the court that
she moved out of Pinewood on
May 19, 2006 to Step Street where
she now resides with her children.

This acknowledgment came dur:
ing questioning by FNM lead coun-
sel Michael Barnett.

SEE page 14
Autopsies on pair killed

- outside Bamboo Shack

have heen completed

AUTOPSIES on the bodies of
the two men killed outside the
Bamboo Shack on Blue Hill Road
on Friday, November 9, have been
completed, finding that only one ot
the men died as a result of being
shot by the off-duty policeman.

The other man died as a result
of injuries suffered when the car in
which the two men were trying to
escape crashed.

SEE page 14




PAGE 2, THURSDAY, NOVEMBER 22, 2007

































































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THE TRIBUNE

Historian: Chipmans face

strong challenge in bid to

secure West

THE Chipman family are to
face a strong challenge in their
bid to secure title to a huge area
of land off West Bay Street. It
comes from a local historian
claiming to be descended from a
British brigadier-general.

The well-known entertainers,
noted for their junkanoo and
fire-dancing skills, risk being pre-
sented with an injunction if they
pursue their plan to occupy the
“Pieces of Eight” site where
their grandfather lived for many
years.

Anthony Cunningham, 44, a
food and beverage manager on
Paradise Island, claims he is the

. rightful heir to the overgrown

site, where a vagrant now lives in
the ruins of the old Chipman
family home.

“If the Chipmans go ahead
with their plan to take over the
site, they will face an injunction,
possible jail and a lot of embar-
rassment,” Mr Cunningham told
The Tribune yesterday.

“There is clear title to this
land dating right back into the
19th century and beyond. The
Cunninghams, not the Chip-
mans, are the rightful owners to
this property and we are going to
pursue our rights.”

Last week, dancer Mitzi Chip-
man told The Tribune that she
and her siblings were intent on
claiming Pieces of Eight and its
surrounding land for future gen-
erations of their family.

They said their white grand-
father, Howard Chipman, a
wealthy merchant who died in
1951, had intended to leave his
estate to the illegitimate black
off-spring of Ethlyn Taylor, a
Long Islander who bore him five
children, including junkanoo
icon John ‘Chippie” Chipman,
Mitzi’s father.

Instead, white rulers of the
day diverted their inheritance
because they felt it inappropriate
that blacks should gain owner-
ship of the huge tracts of land
in the Chipman estate, she said.

Pieces of Eight, she claimed,



christmas Trees

Located in these
shopping centers

Mitzi Chipman



was escheated to the Crown
after the husband of Howard
Chipman’s illegitimate white
daughter, Sheila, made an unsuc-
cessful bid to claim the property.

She also claimed that a will in
which Howard Chipman is said
to have left property to his black
children “went missing”, leav-
ing the estate at the mercy of
white property predators.

She said successive govern-
ments had since then ignored
the Chipman family’s claims to
the estate, leaving them to “live
from pay cheque to pay cheque”
in relative penury.

However, Mr Cunningham
said the Chipmans should aban-
don their claims to Pieces of
Eight, which he said belonged
originally to Brigadier General
Robert Cunningham, a loyalist
who arrived in Nassau follow-
ing the Revolutionary War in
America.

He said the well-regarded offi-
cer turned up in the Bahamas
via Virginia, South Carolina and
Florida, and was granted exten-
sive tracts of land by the Crown
in recognition of his military ser-
vice during the British struggle
against the American rebels.

This property included 350
acres at Fort Charlotte which
embraced the Pieces of Eight




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Bay land title

property later occupied - illegal-
ly, according to Mr Cunningham
- by Howard Chipman.

“Howard Chipman was a
squatter,” said Mr Cunningham,
“He had no legal entitlement to
that land and the present Chip-
mans have no documentation to
support their claims.”

He said the Cunninghams,
however, have a properly docu-
mented claim going all the way
back to a black Bahamian called
Jacob, who was born to Robert
Cunningham’s son John and his
black partner.

From Jacob, he said, the line
was unbroken right down to
himself and his siblings, who
have now engaged a lawyer in
an attempt to secure their rights
to the land.

“Chippie and his siblings were
outside children,” said Mr Cun-
ningham, “the moment they
make an attempt to take over
this property they will be hit with
an injunction. I don’t want to
shame this lady, but I want the
true story to be told. If she steps
on this land, she could go to jail.”

Mr Cunningham said the land
had originally been earmarked
for anew ZNS building, but the
dispute over rightful ownership
had scuppered the proposal.

He said his family’s claim had
now been lodged with the Attor-
ney General’s Office and that
he was determined to resist the
Chipmans’ claims.

Last night, Mitzi Chipman
said her grandfather had bought
the land from Mr Cunningham’s
grandfather, and that ownership
rested with the Chipmans, not
the Cunninghams.

She said: “As far as I am con-
cerned, he has no claim at all.
A couple of years ago, he put
up a sign saying that was Cun-
ningham land, but I was right
behind him and took it down.

“T have told him this is Chip-
man land and if he tries to claim
it I will fight it. However, if he

wants to sit down and talk about —€

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—
THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 3



a a ae ee a en
ombrief Former policeman on remand for 16 |

18 month
sentence
for woman
convicted
of drug
charges

A 28-YEAR-OLD
woman was convicted in
Magistrate’s Court on
Tuesday of cocaine pos-
session charges.

Linda Deveaux
Christie of Bartlette Hill,
Eight Mile Rock was sen-
tenced to serve 18
months in prison on the
charge of possession of
cocaine with the intent to
supply and taking
preparatory steps to
export the drugs.

According to court
dockets, the offences
were committed on Sat-
urday, February 11, 2006
at Freeport, Grand
Bahama.’

Christie was reportedly
found in possession of
2.34 pounds of cocaine.

She was initially
arraigned on February
14, 2006 and placed on
$25,000 bail.

Following the comple-
tion of the trial, Magis-
trate Carolita Bethel
found her guilty.

Christie was also fined
$10,000. Failure to pay
the fine will result in an
additional year in prison.

Man arrested

in connection

with unlicensed
firearm discovery

A 20-YEAR-OLD man
is in police custody after
he was arrested Tuesday
night in connection with
the discovery of an unli-
cv .used firearm.

According to police
press liaison officer Assis-
tant Superintendent Wal-
ter Evans, at around 9pm
police officers were on
patrol in the Marshall
Road area when they
spotted a man walking.

The officers conducted
a search and discovered a
.38 handgun with three
live rounds of ammuni-
tion.

According to Mr
Evans, a 20-year-old man
who lives just off Baillou
Hill Road south was tak-
en into police custody.

Free Flu
Vaccines

FREE Flu Vaccines
will be available at the
FNM Killarney Con-
stituency Headquarters
on Saturday, November
21 from 2pm to 4pm.

All Killarney residents
who would like to be vac-
cinated are welcome, a
spokesperson for the
headquarters said.

The office is the fourth
building west of the
Sandy Port Bridge on
West Bay Street.

The spokesperson said
that constituents can call
327-7006 or e-mail killar-
neymp@gmail.com for

.more information.

US Emhassy
Holiday closure

The United States
Embassy in Nassau will
be closed on Thursday,
November 22, in obser- ,
vance of the US Thanks-
giving Day Holiday.

The embassy issued a
statement yesterday say-
ing it will resume normal
business operations on
Friday, November 23 at
8am.

ia ee
EXTERMINATORS

FOR PEST PROBLEMS
PHONE: 322-2157



Henry Brice
says he’s been
‘imprisoned’

since 1992

A FORMER policeman who
has been on remand for 16
years last night urged authori-

“ties to free him from his bail

obligations.

Henry Brice, 42, a father of
six who is now a bus driver,
says he has been “imprisoned”
on New Providence since he
first appeared before a magis-
trate in 1992. ,

“Please free me — untie my
life,” Mr Brice urged legal
authorities. “Had I been given
a 20-year jail term I would have
been freed by now.”

Mr Brice and three former
police colleagues were charged
16 years ago with conspiring to
murder “police officers
unknown”.

Despite denying the charges,
the men say they have been on
remand ever since without any
real attempt being made to
proceed with the case.

As a result, Mr Brice said he
has been bound by tough bail
provisions and an inability to
travel off the island. “I am
stuck in what is, in effect, a 21
miles by seven prison,” he told
The Tribune yesterday.

Mr Brice said his ordeal has
now embraced three govern-
ments, six or seven attorney
generals and three police com-
missioners — and still he is
unable to get a response.

He said he has met three
attorney generals face-to-face
in a bid to have the case dis-
charged, still without result.

His latest attempt came
shortly after the May 2 general
election this year when he said
he met Attorney General
Claire Hepburn.

“She said she would look
into it and that something

oapallilia

THER

would be done, but I have
heard nothing since then,” he
said, “And that was six months
ago.”

On August 30 this year,
lawyer Roger K Gomez wrote
to the Office of the Attorney
General on the four men’s
behalf, pointing out that the
last hearing relating to the case
was in 2003 when it was remit-
ted to the Supreme Court for
trial.

“The accused men are on
bail but have had to surrender
their travel documents,” wrote
Mr Gomez.

“In particular, our client Mr
Brice has to sign in to Central
Police Station every day as well
as he has to be home between
the hours of 12am to 6am.

“We have been instructed
that police prosecutions has no
interest in this matter and shall
advise the Office of the Attor-
ney General to enter a nolle
prosequi in this matter for all
the defendants.”

Mr Gomez urged that Mr
Brice be allowed to “move
ahead with his life.”

six Henry mae)

ae

years wants freed from bail obligations



So far, however, there has
been no response to this letter
and Mr Brice continues to ful-
fil his bail obligations every
day.

“It has been almost 16 years
and my life has been on hold,”
he said, “I feel that I am the
victim of a massive injustice.
When my family goes abroad, I
can’t go with them.

“I can’t even visit the Family
Islands.”

He said a promising police
career was ruined by the case,
which led to 18 months remand

in custody before bail was

granted.

“Had I stayed in the force I
would have been at least an
inspector by now,” he said,
“Instead I am driving buses to
put bread on the table and am
earning less than half what 1
would have been.”

He said he felt like Cin-
derella. “At 12 o’clock I have
to be home before the pump-
kins turn into mice.”

Calls to the attorney general
just before press time last night
were not. answered.

Bahamians Against Crime call on
country to ‘stop the talk and act’

AFTER what Bahamians Against Crime
described as the “bloodiest weekend in the
nation’s history” when at least five persons
were murdered, the group is calling on the
country to join with them to “stop the talk and

act”.

“The Bahamas must quickly get hold of itself
as it relates to crime and violerice if we are to
avoid plunging into a social crisis of monu- .
mental proportions,” executive director of the
Bahamians Against Crime Rev CB MOSS said .
in response to what he called an “explosion in
homicides that has left the nation reeling”.

He said that it is abundantly clear that no sin-
gle entity can now cope with the problem.

“It is therefore critical that all sectors of this
nation must collaborate to immediately address
this scourge, for it is abundantly clear that the
current course cannot be maintained,” Rev

Moss said.

He said that the situation is very grave, but
cautioned Bahamians not to become paralyzed

by fear.

and we will.

said.

Bahamas.

“Bahamians are a strong and resilient people.
We have the ability to turn the situation around

“It will require all sectors of society to step
up to the plate and do our part,” Rev Moss

-Over the next several months the Bahamians
Against Crime campaign will launch several »
major initiatives to address the crime explosion
including: a day of confession, repentance and
reconciliation and a national ecumenical ser-
vice, an anti crime essay compassion, an anti
crime art competition, a national anti crime
music extravaganza, a father and son assembly,
several community initiatives and a hand hold-
ing demonstration of solidarity across the entire

Rev Moss said that the gravity of the current
situation presents Bahamians with an excel-°

lent opportunity to demonstrate that we are a

THE BEST

proud respectable and responsible people who
take very seriously our commitment to Chris-
tian principles.

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PAGE 4, THURSDAY, NOVEMBER 22, 2007

THE TRIBUNE

em
EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

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

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

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

Publisher/Editor 1919-1972
Contributing Editor 1972-1991

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

US friends and foes grab for power

WASHINGTON — While President Bush
has been distracted with his unpopular war
against Iraq, friends and foes are busy grab-
bing power to perpetuate themselves in office.

Among them are Gen. Pervez Musharraf of
Pakistan; Russian President Vladimir Putin;
Venezuelan President Hugo Chavez and
President Mikhail Saakashvili of Georgia.

There is little the United States can do
about the drift toward authoritarian rule.

For Bush, the toughest problem is the Pak-
istani leader who he has called a “friend.”
The two men have established a close rela-
tionship and the U.S. president is not about to
lower the boom on the Pakistani leader who
has received a bundle of U.S. aid since 2001.

Despite Bush’s personal entreaties and a
visit from Deputy Secretary of State John
Negroponte, Musharraf has refused to reverse
his decisions to suspend Pakistan’s constitu-
tion and impose emergency rule, which is de
facto martial law.

Musharraf’s purged court has defended his
decisions and opened the way for him to
serve another 5-year term — this time as a
civilian president.

The ruling is expected to hasten his deci-
sion to relinquish his post as commander of
the armed forces.

Musharraf took power in a coup d’etat in
1999, deposing elected prime minister Nawaz
Sharif. Meantime, opposition leader Benazir
Bhutto, former prime minister of Pakistan —
who was ousted from power twice on accu-
sations of staggering corruption — has called
on Musharraf to resign.

U.S. officials also are concerned about the
safety of Pakistan’s horde of nuclear weapons.

Despite his efforts, the whole Pakistan
episode is taking a toll on Bush’s reliance on
personal diplomacy. Remember when Bush
met with Putin, looked into his eyes and said
he had a “sense of his soul”? Putin’s former
career in the KGB secret police seems to
have escaped Bush in the State Departmen-
t’s Cliff notes.

Under Russian law, Putin must step down
as president next year — but he obviously
finds such an option to be very painful.

The Russian president says he will run in
the December parliamentary elections and
hints that he could come back as a future
prime minister.

Putin has been backsliding on democratic
reforms, taking control of the television net-
works and the oil industry.

He has been criticized by Secretary of State



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Condoleezza Rice for crushing reforms.

Another leader trying to stay on top — his
critics say he wants to be president forever —
is Venezuelan President Hugo Chavez.

Chavez is stridently anti-American, a pos-
ture sure to generate support in some
precincts — but opposition to his autocratic
rule is growing in Venezuela and abroad.

Chavez wants to change the Venezuelan
constitution so that he can be elected indefi-
nitely and expand his control over the econ-
omy.

He has already nationalized the oil,
telecommunications and electricity indus-
tries.

Another close ally — US educated Presi-
dent

Mikhail Saakashvili of Georgia — has
invoked an emergency decree after a police
crackdown in Tbilisi on an opposition demon-
stration. The protesters claimed that the pres-
ident intended to extend the mandate of the
current Parliament.

Saakashvilli has ignored U.S. appeals to
immediately revoke the state of emergency in

his country, located in the Caucasus. An

important fuel pipeline runs in the region
from the Caspian basin through Georgia and
Turkey to serve world markets.

Saakshvilli has called for a presidential
election on January 5 to test support for his
government.

Sometime ago, President Bush mused it
was easier to be a dictator.

He’s right about that. Bush — with pres-
sure from his neo-conservative vice presi-
dent and staff — has himself expanded presi-
dential power in the name of the “war on
terror.”

The power grab-bag of this administration
extends from its warrantless wire tapping to
the president’s outrageous abuse of “signing
statements” that he issues when putting his
signature on new legislation; the statements
are his claims that he won’t be bound by cer-
tain sections of the bill he just signed into
law.

His decision to name as attorney general
retired federal judge Michael Mukasey —
who believes the president is above the law in
wartime — is good insurance for Bush’s pow-
er surge.

Unfortunately, Bush’s actions show that
America is not in a prime position to preach
to friends and foes about abuse of power.

(This article was written by Helen
Thomas of Hearst Newspapers c. 2007).










PROTECTION

Govt



practices are
a cause for
concern

EDITOR, The Tribune

Please allow us the space to

point out what we consider to :

be a few inconsistencies in the
hiring practices of the present
government.

Following the return of the
Free National Movement to
government, officials handed
out letters of termination left
right and centre to persons
hired as Consultants through-
out the Public Service and gov-
ernment ministries.

It was explained that this
process was an attempt by the
government to reduce the
large — and in most cases
unnecessary financial burden
on the Public Treasury.

Many of us thought it was
harsh, but realized that it was
necessary when it was revealed
to us the significant amount of
public funds being paid to
these consultants from the
public purse to do nothing
more than offer advice.

During this past weekend,
we were informed that many
of the same consultants who
had been relieved of their posi-
tions are being rehired by the
Government.

We learnt that this was espe-
cially the case in the Ministry

.of Education, Youth, Sports

and Culture, and the Depart-
ment of the Public Service.

If true, it would be difficult
for the Government to sub-
stantiate its earlier position of
terminating such contracts, and
the explanation given that such
terminations represented the
Government's position that it
wanted to curb excessive and
unnecessary spending.

We would like to point out
our disappointment at the
reinstatement of one person in
particular, who over the past
two weeks has been bragging
to members of the sailing com-
munity that no matter which
Government is in power he
will be in charge of regattas in
the Bahamas.

He is one of the very per-
sons whose contract was not
renewed by the government.

In our opinion the rein-
statement of this individual
will again wreak havoc on this
Government Department.

Because of his past perfor-
mance in this position most
persons involved in the sport
were happy and relieved when
he was terminated.

Also a concern is the oppor-

}
eo;
i
i

From
BURGLARS



LETTERS

letters@tribunemedia.net



tunity of conflict of interest as
he is commodore of one of the
local sailing clubs.

We would like to encour-
age the government to choose
wisely those persons who are
selected as consultants at the

engage part time volunteers
who could offer the same ser-
vices at no cost. If we continue in this fashion
of continuing to allow termi-
nated consultants to be rein-
stated, the Government’s pre-

‘vious explanation of saving the

country hundreds of thousands
of dollars will be rejected —
and rightly so.

Concerned Members of the
Sailing Community

Nassau,







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expense of the public purse.
We would be better off to

Our memories must
not be too short

EDITOR, The Tribune

November 19, 2007.

WHEN we attempt to raise the roof of the House on the
issues of democracy, fairplay and all of the other virtuous exer-
cises that make for the good functioning of\a nation, our mem-
ories must not be too short.

And, as we attempt to carry out the exercise with a “twisted
half-turn” our memories should not be so exclusive. ;

The present Prime Minister suffered greatly under.the previ:
ous administration as the nation went into the last election, and
the high-road expressions that are being proclaimed by the oppo-
sition at this time were not a part of their programme.

I recall when the former administration pulled the plug on
Mr Ingraham’s presentation to the House in 1987; they actually
prorogued the House prior to his presentation; it was speculated
that if he had made his presentation the government would have
changed in 1987 instead of 1992.

However, if we accept that politics is a dirty game, we could say
that they were doing what was reasonable, but, there a certain lev-
el of hypocrisy must be levelled upon persons who “selectively”
go about dispensing what is seen by a watching electorate as
opportunistic episodes that are unplanned, gratuitous and
uncalled for, especially. when there is so much to do following a
major storm.

It would be good for the former administration to put their
brains to work in more constructive exercises and be Her
Majesty’s Loyal Opposition instead of acting like persons who
refuse to get over whatever grief they have imposed on them-
selves as a form of penance for their latest loss.

Bahamians may be excitable and forgiving, but they are not
dumb, they only act like sheep when they want something from
you.

In closing I would like to say that the present travail that the
leader of the opposition is experiencing over the worthless, wut-
less, vutliss exchange could have been avoided if they had suc-
cessfully passed the bill that placed a ban on the use of dialect in
1989.

EDWARD HUTCHESON
Nassau,
November, 2007.

Bahamas Bus & Truck Co., Ltd.

Montrose Avenue
Phone:322-1722 ¢ Fax: 326-7452



CFI
THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 5



0 In brief

Minister heads
delegation to.
UNWTO session

MINISTER of Tourism and
Aviation Neko Grant will head
a delegation from the Bahamas
today to the 17th session of the
United Nations World Tourism
Organisation (UNWTO) gen-
eral assembly in Cartagena de
Indias, Colombia.

Mr Grant will address the
UNWTO assembly on Tuesday,
November 27, attend the vari-
ous ministerial sessions which
end November 29 and discuss
with WTO secretary general
Francesco Frangialli the possi-
bility of collaboration with the
UNWTO to get technical assis-
tance for the Ministry of
Tourism.

Chief among the challenges
facing sustainable tourism ini-
tiatives which the assembly is
expected to address are climate
change, tourism’s contribution
to poverty alleviation and job
creation, the cultural and social
impact of tourism development
and the necessity of good gov-
ernance and a harmonious pub-
lic-private sector partnership.

During the Assembly, Secre-
tary General Frangialli will
report on the state of tourism.

Worldwide tourism brings in
a total of $2 billion daily, repre-
senting 35 per cent of the world
export of services and over 70
per cent in the least developed
countries.

Globally, some 846 million
tourist arrivals were recorded
in 2006 with 1.6 billion arrivals
forecast by the year 2020.

The delegation from the
Bahamas includes the director
general of tourism Vernice
Walkine; director of communi-
cations Gabriella Fraser; and
Earlston McPhee, director of
sustainable tourism in the Min-
istry of Tourism and Aviation.

The Bahamas rejoined the
UNWTO in 2005 when it host-
ed the assembly.

Ministry brings hit TV
show to Family Islands

“ ‘World fans Who'recognised the

Roloffs this August when the
Ministry of Tourism brought
them to Abaco will want to tune
in on Monday, November 26
when the episodes are sched-
uled to hit the airwaves.
Trading in the farm life of
Oregon for the island life of the
Bahamas, the Roloff family
stayed at Abaco Beach Resort
and soaked up many local trea-

sures during their visit as they -

sailed. snorkeled and swam
their way through Abaco along
with trips to Treasure Cay, Fowl
Cay, Toloo Beach, Sandy Cay
and Hopetown.

Among the excursions was a
men’s-only fishing trip co-ordi-
nated by the Abaco Beach
Resort, one-on-one diving
instruction and a spa day for the
ladies at Abaco Club at Wind-
ing Bay.

“Our goal in inviting the
Roloffs to the Bahamas was
two-fold, of course we wanted
to show off the beauty and fam-
ily-friendliness of the Out
Islands to a wide audience but it
was an equal priority to show

.the Bahamas is a welcoming

place to visitors with accessibil-
ity needs,” said Vernice
Walkine, director-general of the
Ministry of Tourism.

Fans of the show might want
to continue keeping an eye out
for the Roloffs. The word on
the street is that both the moth-
er, Molly and the father, Matt
investigated real estate while in
Abaco.







Latest Harl Taylor
handbags ‘sold out’

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

THE authorised Bahamian
retailer of the popular Harl Tay-
lor handbags has completely
“sold out” of his latest collection
since the local designer’s high
profile murder, The Tribune has
learned.

Carol Brown, general man-
ager of the high-end clothing
boutique Coles of Nassau on
Bay Street, told The Tribune
that the chain of stores has sold
out of all of its Harl Taylor
stock.

Coles of Nassau received a
shipment of 12 Harl Taylor
handbags (top right) last Friday,
Ms Brown said, which were
then stocked at the store’s
Lyford Cay location.

After highly publicised
reports regarding the local arti-
san’s brutal murder surfaced on
Sunday, the remaining Harl
Taylor pieces quickly sold out.











































Dominicans
plead guilty
to ‘illegal
fishing’ in
Matthew
Town court



@ By T THOMPSON
Tribune Staff Reporter

THE captain and crew
members of a 50-foot
Dominican fishing vessel
‘Lucky Stripe’ appeared
before a court in Matthew
Town, Inagua yesterday
and pleaded guilty to
charges of illegal fishing in
the Bahamas.

During a joint opera-
tion between the Royal
Bahamas Defence and the
police, authorities
detained the captain and
crew of 34 on board the
vessel at 7am Tuesday
morning on suspicion of
the aforementioned
charges.

The vessel was located
two miles east of Great
Inagua, authorities said.

According to a press
release issued by the
RBDF, a routine search
of the vessel uncovered
300 pounds of scale fish,
110 crawfish, and four
sharks.

Yesterday, Captain
Warlin Guillermo
Rovaina of Manxanillo
pleaded guilty to the
offence of illegally fishing
in the Bahamian jurisdic-
tion and was fined
$56,000. The fishery prod-
ucts found on board the
vessel, all fishing appara-
tus, seven dinghies, and
five compressors were all
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“We have sold every bag, we
do not have any more bags at all
in stock. Everything that I had
in stock was sold immediately
on Sunday and Monday — we
don’t have anything left.”

Local as well as international
requests reportedly poured into
the stores from customers eager
to snap up the pricey bags as
insiders in the fashion industry
predict the pieces will become
collector’s items.

Taylor’s hand-woven bags
made of sisal straw with
mahogany adornments sold
from $275 for a standard “un-
embellished” bag, to up to $800
for a decorated and beaded
piece.

Celebrities such as Oprah
Winfrey, Vanessa Williams, and
Barbara Walters reportedly
own handbags created by Tay-
lor.

Despite the surge in demand,
Ms Brown contended that
prices were not raised at Coles



















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of Nassau.

“No we did not put our prices
up. That is something we would
have never have done.” Ms
Brown said she would consider
it “horrible” for any retailer to
respond in such a way to the
situation.

The Tribune learned that
plans were underway before
Taylor’s death for his pieces to
be featured in an upcoming
fashion show organised in part
by Coles of Nassau at the
British Colonial Hilton on Bay
Street.

In past years, Taylor, along
with other local designers, took
part in the annual fashion event,
which aims to raise funds for
the Bahamas Humane Society.

Due to his murder and all of
his pieces being out of stock,
his designs will not be featured
this year, Ms Brown said. The
show is scheduled for Novem
ber 27.

Harl Taylor, 37, was found
stabbed to death in his Mount-
batten House residence on
West Hill Street by police on
Sunday morning.

A number of controversial
reports have surfaced in the
aftermath of his murder, draw-
ing a correlation between the
discovery of his body and the
death of recently murdered col-
lege professor Thaddeus
McDonald. Dr McDonald was
found on Friday beaten to death
in his home less than a quarter

‘mile away from Taylor’s home.

Police revealed on Tuesday
that seven Dominicans and one
Bahamian are being questioned
in connection with Taylor’s
death.

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PAGE 6, THURSDAY, NOVEMBER 22, 2007
BROWARD COURT: Teron Fowler

Former casino inspector denies cocaine charge



@ By PAUL G TURNQUES!
Tribune Staff Reporte:
pturiquest@triburemedia ict

TERON Fowlci
Gaming Board caste tisy o.
tor, pleaded uot guilty ina

at LObings

- Defendant elects trial by jury °Bail hearing fixed for December 6

States bowler was arrested by
io uy Entorcement Agents
(WEA) on Monday, Novem-
ber 12 when he entered the US

the same day at l1lpm on

American Eagle flight 783 to

travel to Santo Domingo.
Yesterday, Fowler elected to

Broward Court yesterday of ot American Eagle flight 4930. be tried by a jury, and his bail
importing and attempting io \ceording to law enforce- hearing is set to begin before
distribute over tive Kilogiaius — icat agents in the US, Fowler — Magistrate Judge Lurana Snow
of cocaine into the Uniicd hea mtended to leave Miami on December 6.





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He was remanded to the
Broward jail until that time.

Fowler was arrested on a
sealed indictment that dated
from 2006.

The indictment charges that
sometime from November
2006 to, on, or about Decem-

ber 26, 2006, he knowingly
attempted to import, with the
intent to distribute, a con-
trolled substance that con-
tained five kilograms of
cocaine.

If convicted, Fowler, also
known as “Limey”, could face

THE TRIBUNE



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to life imprisonment; a $4 mil-
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five years to life under super-
vised release.

A temporary bond has been
agreed by Fowler’s attorney
Patricia Cassells with the
defence in the amount of
$250,000.

THE CHANGING
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TAINO BEACH: Bahamian artist Antonius Roberts



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, who is turning trees into sculptures.







Artist
transforms
discarded
trees into
a park of
sculptures

Freeport — Bahamian artist
Antonius Roberts has
embarked on a project to sys-
tematically remove and trans-
form the remains of Casuari-
nas trees uprooted during the
hurricane season of 2004, lin-
ing the shores of beautiful
Taino Beach.

These enormous trees have
become barriers to the free
flow of movement in certain
sections of one of the most
beautiful, natural beaches on
the island of Grand Bahama.

Mr Roberts has begun
removing sections of these dis-
carded trees and is transform-
ing the pieces into sculptures
honouring the spirit of the
Taino Indians, and is mounting
these pieces in areas around
Taino Beach.

Through this process, Mr
Roberts hopes to help restore
the natural beauty of Taino
Beach and transform the
immediate area into a large
sculptural park made up of dis-
carded objects.

On Saturday, November 10,
a group of Sunland High
School Governor General
Youth Award students, under
the supervision of Mrs Laven-
der Roberts, joined Mr
Roberts in cleaning up the
western area of Taino Beach.

This group of students has
pledged to adopt Taino Beach
and conduct a monthly clean-
up campaign.

Mr Roberts extended an
invitation to all special interest
groups, individuals, artists, arti-
sans and especially sculptors
interested in working with dis-
carded wood and stone to join
him in his mission.

WNW

neni SYA


THE TRIBUNE



Mr & Mrs Jorg Heinz designer of the
Jorg Heinz clasp system
exclusive to Con of the Realm



Mr Michael Stewart congratulating Mrs
Virginia Evans on thirty years of service



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THURSDAY, NOVEMBER 22, 2007, PAGE 7

Coin of the Realm Ltd Celebrates 30
years in Grand Style

Coin of the Realm Ltd recently held their annual Christmas event. This
year was even more magical than usual as they celebrated 30 years under
the theme of the Bahamian conch pearl. Many customers and suppliers
flew in from around the world to be a part of this memorable evening and
many locals commented on how this was the event that truly started the
Christmas season. —

Coin of the Realm Ltd is famous for its exclusive, unique one of a kind
pieces and this night was no exception. Jewels had come from around the
world including such items as a white carved coral clasp that had been
carved in Italy flown to Switzerland to be set with a conch pearl from the
Bahamas. Australian opals glistened in the magic of the night and then
there was the piece that everyone talked about. “The conch pearl and
diamond necklace” set in platinum that took 5 years to create and consisted
of 7 evenly matched conch pearls set with internally flawless diamonds
that left many customers speechless as they looked on in awe.

There were two pieces specially commissioned for the evening. The first
piece was a Jorg Heinz clasp hand crafted using three colors of gold set
with diamonds and numbered between 1-30. Jorg Heinz clasps are
exclusive to Coin of the Realm Ltd and can be interchanged with pearls,
gold and steel necklaces an ideal gift for the lady that has everything.
The second piece was from the Orbis collection a ring in the shape of a
conch shell with changeable spheres, the spheres can be purchased in
many different gemstones and any color of the rainbow to complete any
outfit.

The store looked amazing so intricately designed in luxurious fabrics and

displays all shades of the conch pearl with each piece perfectly placed

by the talented hands of Mr. Jim Whitehead from Nassau Florists and
Mr. Andrew Parker from Coin of the Realm Ltd. The staff all beautifully
dressed in formal gowns and tuxedos and then there were the flower
arrangements that stopped everyone in their tracks. Custom designed tall
vases filled with conch shells and pink orchids that seemed to be just
floating in air so magically created by Michelle White of Floral Arts who
has been creating special works of art for Coin of the Realm Ltd for
many years.

Customers were also treated to a very festive and colorful junkanoo
parade and you could not help but get the feeling that Coin of the Realm
Ltd is like the Conch pearl a true gem of the Bahamas. When asked what
makes Coin of the Realm Ltd such a success Mr. & Mrs. Stewart said
“that it is the people, Customers who come in as just that but leave as
friends and the staff that come here become family and truly love what
they do”. Mrs. Karen Alliata daughter of the Stewart's went on to add
“We travel all around the world to bring rare finds back to the Bahamas,
we stand behind all our pieces and we train our staff to sell to the best
of their ability ensuring that our customers are happy with their purchases
and enjoy their shopping experience at Coin of the Realm Ltd”.

4

As the evening came to an end you could not but understand why Coin

of the Realm Ltd is proudly celebrating 30 years. There is a magic in the
store, a uniqueness to the gorgeous pieces they sell and something very
rare a standard of service the leaves you wanting to come back for more.

Coin of the Realm Ltd a true gem of the Bahamas...........

Happy 30¢4 Anniversary



The Coin of the Realm Ltd. Team
Karen Alliata, Andrew Parker, Marsha Stewart,
Caroline Thompson, Michelle Coakley, Samantha Darville,
Maebree Johnson, Cathy Moultrie & Virginia Evans





‘ 7
Michael Stewart, Karen Alliata, Marsha
Stewart, Matteo Alliata & Juilete Alliata



— |
Mr. & Mrs. Reiner Engel
Jewellery designer from Germany



Mr. &Mrs. Gavin Geekie
Mr. & Mrs. Peter Adamthwaite



Nicketta Rolle & Montess Johnson
PAGE 8, THURSDAY, NOVEMBER 22, 2007

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fist. 1992

Dolphin House owner welcomes tourism. boom in Bimini.

‘A poem in stone’

BIMINI - Just up the road
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driveway which seems like
every other driveway in Bimini.
However, this driveway leads
to the Dolphin House, a 14-year
venture in mosaics and carpen-
try.

Resort-goers often find there
is plenty to do at Bimini Bay
with the resort’s spectacular
beaches, fine dining and regu-
larly scheduled events, but
many can’t resist a quick after-
noon trip to visit the Dolphin
House.

The house is built of mostly
natural materials, including
coral, stone and shells, all found
in Bimini.

Three mosaic dolphins mark
the entrance.

Native plants and shells serve
as landscaping. A hodgepodge
of tiles covers the entire exteri-
or of the building.

Ashley Saunders, . the
artist/carpenter behind the Dol-

‘phin House, said he likely has

created the most unique house

‘in all of the Bahamas.

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“T wanted a house that does-
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the world,” Mr Saunders said.
“To me, this house is a poem
in stone. It’s something to be
appreciated.”

The inspiration for the Dol-
phin House came from a swim
in the wild in which Mr Saun-
ders encountered several dol-
phins.

The experience, he said,
changed his life and he decided
to dedicate his new home to the
elegant creatures.

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DISTINCTIVE: Ashley Saunders began constructing the
Dolphin House in 1993. Today, two storeys are com-
-plete, but Saunders said he’s got room for a third. (Right)
Ashley Saunders said the addition of Bimini Bay Resort
and Casino is bringing more tourists to Bimini, which
means a greater audience for his Dolphin House.

The first and
second floors of
the house are
complete, though
Mr Saunders can
often be found
crafting some-
thing else to add
to the home’s
quirky appeal.

The interior walls are molded
from seashells, sponges and oth-
er items found lying around the
island. Instead of crown mold-
ing, the walls in the Dolphin

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House are trimmed with dis-
carded bottles, coins and sea
fans.

_ With new ideas popping into
his head all the time, Mr Saun-
ders said he might never finish
the house.

The former teacher and

“accomplished author on the his-

tory of Bimini is eager to share

his Dolphin House with anyone

who visits Bimini.

With the addition of Bimini
Bay Resort and Casino to the
island, Mr Saunders said the
number of visitors is increasing.
He hopes that trend continues.

“T’ve put a lot of
time into this
house. I built
about 95 per cent
of it on my own,”
he said.

“TI mean this has
taken 14 years of
my life.

“What would be

_ the point if I did-
n’t get to share it
with more peo-
ple?”

"Mr Saunders
said tourism has
long been a top
industry for Bimi-
ni, but growth-has

been slow. /

Since developer Gerardo
Capo began construction on
Bimini Bay Resort, Mr Saun-
ders said the island has become
a bigger draw for tourists.

“This resort could’ve been
built any place on this earth,
and Mr Capo chose Bimini,” he
said. “That tells you Bimini is a
wonderful place with wonder-
ful people.

“Now that the resort is com-
ing along, people here are start-
ing to realise what a great thing
it is: This is the best thing to
happen to Bimini.”

Mr Saunders is looking for-
ward to the completion of the

- resort in the hopes it will bring

more people to Bimini and, in
turn, more people to visit his
Dolphin House. He said the

-island, with its skilled fisher-

men, expert craftsmen and
unique artisans, offers visitors

an experience unlike any oth-..
eeCheots es

Steck
WU


THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 9



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

FREEPORT — Fox Hill MP
Fred Mitchell claims that the
FNM’s failed economic poli-
cies have caused a decline in
the Bahamian economy which
has resulted in an increase in
unemployment.

“The slow down in the
Bahamian economy from 4.5
per cent to 3 per cent amounts
to some $100 million being tak-
en out of circulation in the
Bahamian economy,” he said
at the PLP’s Freeport Head-
quarters on Tuesday. .

Mr Mitchell asserted that the
FNM’s failure to follow
through with the Albany, Baha
Mar, South Ocean, and Ritz
Carlton projects is the princt-
pal reason for the economic
decline.

“The PLP again expresses
grave concerns over the gov-
ernment’s unwillingness to
recognise its error and accept
responsibility for the failure of
its economic policies to date,

and the harm its ill-advised
decisions have caused to the
Bahamian economy and visit-
ed on the lives of thousands of
Bahamians,” he said.

Mr Mitchell said he took
issue with remarks made by
Minister of State for Finance
Zhivargo Laing on Friday,
when he appeared as a guest
on the radio show, “The Way
Forward.”

He said that Minister Laing
claimed that the Bahamian
economy traditionally lags
behind the US economy and
referred to the latest Interna-
tional Monetary Fund (IMF)
report from the Article IV
Mission to the Bahamas in
support of his claim.

Mr Mitchell, however,
reported that while growth in
the US economy declined from
3.9 per cent in 2004 to 2.2 in
2007, growth in the Bahamian
economy steadily increased
from 1.3 per cent to 4.5 per
cent during the same period.

“This was the result of prop-
er economic planning and the
successful execution of sound
fiscal and monetary policies

“The argument, therefore,
being advanced by the FNM is

LOCAL NEWS

Mitchell: FNM’s failed —
economic policies have
increased joblessness

Fox Hill MP takes issue with Finance Minister Laing

inherently disingenuous as
they seek to intentionally mis-
lead the Bahamian public and
deflect from the failures of
their policies and the subse-
quent baneful effects its deci-
sions are having on the
Bahamian economy,” he said.

Mr Mitchell said the
Bahamas is falling behind its
Caribbean neighbours. He
revealed that the average rate
of growth as projected by the
IME for Latin America and
the Caribbean for 2007 is five
per cent.

“At three per cent we are
lagging far behind our neigh-
bours. We are at the bottom
of the region being trailed only
by Jamaica,” he said.

“This sudden turn of events
over the last four months
pomts to the mismanagement
of the Bahamian economy by
this incompetent FNM gov-
ernment and they must accept
responsibility for it and take
immediate corrective actions.”

Mr Mitchell said when the
PLP was in office, tourism
expenditure remained strong
from 2004 when it was at $1.9
billion, to 2005 when it peaked
at $2.025 billion, to 2006 when





Kristaan Ingraham/BIS

COUNTRY sales manager for Esso Keith Glinton presented a cheque to the Minister of State for Culture Charles
Maynard, on November 18 to-help support seed money collection for the participants’ 20th annual Junior Junkanoo
Parade, and as a gesture of continued sponsorship. Pictured, from leit, are director of culture Dr Nicolette Bethel,
Mr Maynard, Mr Glinton, Minister of Education, Youth, Sports and Culture Carl Bethel and senior crafts instruc-
tor and co- DLA of duit Junkanoo Percy “Vola” Francis.



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it was again at $1.9 billion.

He said the PLP facilitated
and sustained a level of capital
inflows which expanded the
construction industry, created
significant employment oppor-
tunities, and stimulated con-
sumerism at unprecedented
rates.

Mr Mitchell stated that for-
eign direct investment totalled
$709 million in 2006 alone, and
more than $350 million during
the first half of 2007.

“This government’s policy
to stop, review, and cancel has
caused a levelling off in the
FDI, a slow down in the con-
struction industry, and a criti-
cal credit crunch as pressure
on the money supply has
caused a spike in the cost of
capital in addition to pressure
to raise the prime rate,” he
said,

On the issue of unemploy-
ment, Mr Mitchell said that a
reduction in economic output
of 1.5 per cent and the removal
of $100 million from circula-
tion in the Bahamian econo-
my is sufficient evidence that
unemployment is on the rise.

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PAGE 10, THURSDAY, NOVEMBER 22, 2007

THE TRIBUNE

















































LOCAL NEWS

Dr Rudy King

uneasy about it. We are scouring the city and Lam now
reporting it officially to the police.

“Staff at the hotel say his clothes, suitcases and
personal belongings are still in place in his room,
which comes with private driver, you name it. I did not
know he rolled that big.”

Mr Carter said: “He didn’t show at the church ser-
vice, he didn’t call and it just doesn’t make sense.
The hotel says everything has remained the same in his
room three days in a row.

“Everything I feel about this is symbolic of someone
being held. There is something not kosher about it. Los
Angeles is not a place to mess around.”

Mr Carter said he knew that Dr King was involved
in a $2 million deal with the Swaziland government.

He himself was recently invited to Nassau to receive
a “global award” at a ceremony hosted by Dr King
and attended by the President of Swaziland.

But he said he didn’t attend because he felt there
was “something not quite right” about it.

Dr King had subsequently flown into Los Angeles
to present the award at Dr Beckwith’s church, with a
congregation running into thousands.

“We had cameras, newspapers and lots of people
there, but Dr King didn’t show up,” he said.

The Tribune tried without success to contact Dr
King’s associates in Nassau last night.

FROM page one
without him.

Now Mr Carter and well-known preacher Dr
Michael Bernard Beckwith, who organised the service,
are anxious over Dr King’s whereabouts.

“We have had the hotel check the room every day,”
said Mr Carter, “All his things are still there
untouched. The bathroom has not been used and his
jewellery ts lying there next to the bed on a side-table.

“T have called every police station and checked
every jail around here and they know nothing. Secu-
rity has been up to his room every day and he is
nowhere to be found.” me

Dr King, who has been involved in controversies in
the past, usually when celebrities have failed to turn up
for his much-publicised “foundation” events, was said
by Mr Carter to be a close friend of both Harl Taylor
and Dr Thaddeus McDonald, who were murdered
in Nassau over the weekend.

When told about the killings, Mr Carter said: “Wow,
I'd heard about those guys. I know their names. Rudy
was a friend of theirs.”

He said Dr King’s apparent disappearance was
deeply disturbing “because he has not checked out of
the Hilton and his room is still clocking up that $1,200
a night.

“He told me he was arriving by private jet on Friday.
I spoke to him after he checked into the hotel, but
since then we have heard nothing. I am feeling really

FROM page one terrorism” he took with him on

the trip two officers, assistant







consideration

“Lam going to enjoy my well
earned pension and spending
some quality time with my fam-
ily.” said Mr Farquharson,
“This will be the first time in

Farquharson

Morocco where he attended his
last Interpo! conference.
Mr Farquharson said that

aside from attending to hear of

“the latest in crime fighting and

commissioner Christopher
McCoy, and Inspector Talinda
Missick, officer in charge of
Interpol to “introduce them to
the key persons...to make sure
there’s a smooth transition.”






















the last 40 years that 'm going
to be off for Christmas and
New Year's.”

His wife also goes on pre-
retirement leave from her posi-
tion in social services as Direc-
tor of Rehabilitative Services,
after 37 years.

Last week Mr Farquharson
and Mr Ferguson visited
numerous islands across the
archipelago to announce the
transition.

“We met with the adminis-
trators, councillors and, of

Murder: wedding staff held

FROM page one

this case and the fact that all but one of the persons in custody is foreign,
Supt Chief Miller said that police will be able to attain an extension to the
48-hour limit.

Due to a risk of flight and because this is a homicide case, he explained,
police will be able to detain the eight people for a maximum of 96 hours
without bringing any charges against them.

Mr Miller, however, said that he could not disclose when those 96 hours
will be up. The group, which includes six Dominican men, one Domini-

6 PASSENGER
LOADED WITH

LEATHER course. our police officers,” can woman and one Bahamian man, was reportedly taken into custody
3 “ INTERIOR said Mr Ferguson. “They are sometime on Monday. Mr Miller said that all of the Dominicans appear
Wk RC the people who work hand in __ to be in possession of the necessary legal documents to be able to work

hand with the police in differ-
ent districts.” Mr Farquharson
said the trip went “very well.”

“We met people to thank
them for their support and
introduce Mr Ferguson as their
new commissioner. | also spoke
to officers themselves in those
areas,” he said.

Asked how he feels about his
new responsibilities yesterday
Mr Ferguson, laughing, said,
“Challenged.”

He added: “But I think, as I
have with everything else, I will
rise to the challenge.”

The latest shift in the upper
echelons of the force come just
over a weck after Mr Far-
quharson. returhed “trom

wy

in the Bahamas, but added that this is still something which is being
investigated by police.

The CDU chief further said that police know whose wedding was
being celebrated at Mountbatten House a day before Mr Taylor’s body
was found, but explained that this information cannot be shared with the
public. Mr Miller could not reveal any further details about the murder
investigation.

The Tribune yesterday reported that police are investigating a possible
“gay connection” between the murders of Mr Taylor and Dr Thaddeus
McDonald, Dean of the Faculty of Social and Educational Studies at the
College of the Bahamas.

According to a well-placed source close to the police, the “gay con-
nection” is one of the angles investigators were pursuing to help them
solve these two high-profile murders.

Dr McDonald. 59, was found dead in his bed in his Queen Street
home on Friday, reportedly beaten “beyond recognition” with a clothing
iron.

Mr Taylor and Dr McDonald were found dead in their homes within
two days of each other. The homes’ of both murder victims were also only
a street apart. ‘

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THE TRIBUNE





0 In brief

Haitians flown |
out of Abaco
after round-

up of illegal
immigrants

TWO planeloads of Haitians
were flown out of Abaco yes-
terday following an Immigra- :
tion Department round-up of }
illegal immigrants. i

Islanders were unsure
whether they were destined for
repatriation in Haiti, or for pro-
cessing in Nassau.

“We understand there were
about 55 Haitians altogether,”
said one resident, “they were
rounded up in Hope Town,
Marsh Harbour and Man 0°
War Cay.”

The move followed the recent
appointment of Fosteen Major-
Smith as chief immigration offi-
cer in Abaco.

The resident said: “It seems
this lady means business.”

Government officials recent-
ly began dismantling shanty
homes at The Mud settlement
in Marsh Harbour tollowing
town meetings at which locals
expressed concern over the
growing Haitian population on
the island.

Treat for boxcar
fans on Saturday

BOXCAR enthusiasts at :
Hope Town, Abaco, are look- :
ing forward to Saturday’s annu- :
al race event.

Locals and tourists are
expected to turn out in force
for the boxcar races, in which :
youngsters compete in home- :
made vehicles powered by grav-
ity. A slope in the settlement is
used for this annual contest of :
thrills and spills. :

Youngsters to perform
Broadway numbers

WELL-KNOWN § dance :
teacher Eileen Pelon stages a‘:
children’s production at the :
Marsh Harbour Beach Resort
on Saturday.

The youngsters will pertorm
famous dance numbers from hit
Broadway shows like Annie,





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A NEW women’s network
promoting personal develop
ment through co-operation ts
being launched this month.

On November 27, the [ron
Network will be launched by
founder and CEO Sherika
Brown.

“Tron is a multifaceted net-
work that is designed to help
women to discover their pur-
pose and specific assignment
on earth,” according to Ms
Brown.

“As iron sharpens iron, so a
friend sharpens a friend” — Ms
Brown said this commonly cit-
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ignite, activate and refine our

potential.”

She said the network’s mis-
sion is to connect with, train,
and sharpen women through
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-’ LOCAL NEWS

seminars, business expos and
Mentoring programmes,

While the founder said she ts
not ignorant of the needs of
Bahannan men, “lron’s man-
date,” she says, “is to help
women enjoy wholeness in
their personal, professional
and spiritual lives.”

Ms Brown said the launch
of the network comes at a cru-
cial time in Bahamian history
when there is an urgent need
tor leadership programmes
that target disaffected youths.

She said her awareness of
the “vital importance of'a
sense of self” in inspiring con-
fidence and self-esteem that
laid the foundation for Iron.

Ms Brown pointed out that
ihe name suggests strength,
adding that she believes that
Iron Network will allow indi-
viduals to discover how

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Sherika Brown said she is a
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Helping women discover purpose

Iron Network gets ready for November 27 launch eu ae

She has heen a part time
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Technical and Vocational
Institute (BIVI) and the
Bahamas Baptist Community
College.

The official launch of the
network will take piace at the
British Colortal Hilton at
7.30pm on November 27,

Ms Brown said it is open to

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THE TRIBUNE

Peer LOCALNEWS
Contested voter

FROM page one

Mr Barnett, who is scheduled to
begin the case for Pinewood MP
Byron Woodside when the PLP
Wraps up in the next few days, ques-
tioned several witnesses on his list,
who were previously instructed to
appear in court yesterday.

PLP lead counsel Philip “Brave”
Davis informed the court before
Mr Barnett’s inquiries with the wit-
nesses that his side was willing to
agree that one of the voters, Joyce-
lyn Collie, was not an ordinary res-
ident of the zonstituency.

This willingness to agree on the
status of voters has been the posi-
tion of the PLP side since last week,
when they offered a deal in which
the parties would agree on who is in
the constituency, who is out, and
debate the remainder. This offer
was not accepted by the FNM and
representatives of the returning
officer of the constituency Herbert
Brown — who had concerns about
voters being disfranchised by mere
agreement and not direct evidence.

Along with this acknowledgment
by Mr Davis, Takera Rolle, also on
the FNM’s list, pointed to an area
on the Pinewood constituency map
north of Sequoia Street that was
just outside the Pinewood bound-
ary line, and in Seabreeze.

Dawn Lewis, counsel from the
Attorney General’s office — who
represents Returning Officer
Brown — also brought documents
to the court yesterday to clarify
questions about the number of
times Gretal Collie appeared reg-
istered on the counterfoil of vot-
ers, and the number of voters cards
that may have been prepared dis-
playing her name and likeness.

On Tuesday, two photocopies of
separate registration cards were
presented to the court for Ms Col-
he, one with a picture, and another
without. Additionally, Ms Collie
provided a voter’s card for the
Bamboo Town Constituency where
she said she voted, which appeared
as if it was the third such registra-
tion document for her. One of the

other documents had her registered
in Pinewood.

Ms Lewis provided the originals
of the counterfoil, advising Senior
Justice Anita Allen and Justice Jon
Isaacs to look at the dates stamped
on the back of the cards, which she
said might shed some light on the
matter.

After examining the originals,
Senior Justice Allen remarked that
the blue card is from 2001, indicat-
ing that one of the cards is from
the 2002 election. However, Senior
Justice Allen said after close exam-
ination of the documents, that now
the court is aware that it is two,
and not three, registration docu-
ments in question.

The question of how many vot-
ers cards were prepared under Ms
Collies likeness, comes after it was
revealed during the testimony of
Deputy Director of Immigration
Lambert Campbell that Jamaican
Manani Taylor, who is a voter
being challenged by the PLP, was
reportedly found in possession of
two Bahamian voters cards.

Landlord Ernest Johnson testi-
fied during the afternoon session
that Lena Mae Cleare, who is being
challenged by the PLP, is a tenant
at his property on Ida Street,
between Robinson Road and Bal-
four Avenue. He said she has lived
there for about a year.

Mr Johnson could not remem-
ber the exact date that Ms Cleare
moved in, but he told the court that
it was probably in September or
October of last year. However, Mr
Barnett pressed him on the specif-
ic date, as November 2, 2006, which
represents six months before the
May 2, 2007 election.

Mr Barnett told the witness that
the BEC records indicate that Ms
Cleare did not have her electricity
turned on until after November in
2006. In response to this, the wit-
ness explained that there was some
delay with Ms Cleare’s electricity
being cut on‘in her name, and this



FROM page one

slashing him about the body.

| Ing them.

air before the chase took place.



-Autopsies completed

The two men came under fire after they were seen by the off-
duty officer attacking a patron of the Bamboo Shack cafe with knives,

The officer got out of a car he was travelling in and, according to
police, identified himself to the attackers as an officer before pursu-

An eyewitness claimed that the officer fired a warning shot into the

The men were then said to have got into a vehicle and attempted
| to escape the area, in the process hitting several other parked vehicles.
It was during,this escape effort that the officer fired shots, one of which
is now known fo have hit and killed one of the men.



ai Gane



did not occur until a few weeks
after she moved in.

Senior Justice Allen released Mr
Johnson until Tuesday of next week
when he will provide the court with ©
the rent receipts he has for Ms
Cleare.

Kevin Basden, GM for BEC
began testimony, during the morn-
ing session yesterday. His testimo-
ny was brief, however, as Mr Bar-
nett did not have a copy of a chart
Mr Basden referred to in court. Jus-
tice Isaacs released him, instruct-
ing him to return on Monday at
10am to give Mr Barnett time to
examine the document.

More than 20 witnesses testified
during proceedings, and Mr Davis,
who is expected to wrap up the
PLP case next week, is scheduled to -
give the court a status report on his
case today when court resumes at
10am.

Coroner’s inquest
is recommended
into the police
shooting death
of Androsian

FROM page one

ommending that charges be
brought, forwarding the file to
the Attorney General, or ruling
that the use of force was justified.

Kenny Russell, of Conch
Sound Andros, died in the early
hours of Sunday morning, Sep-
tember 2, outside Club Cabana
in Lowe Sound after a night out
with friends. He was shot in the
upper left chest by a police officer
and died at the scene.

While police initially stated that
a “confrontation” had occurred
between the officer and Mr Rus-
sell prior to shots being fired, the
family maintained that there was
very little disturbance.

They said they would like a full
inquiry into their relative’s death.

The commissioner promised a
“transparent” and “professional”
investigation into the matter,
telling family members in a meet-
ing that “the chips will fall where
they may.”

Kenny, a construction worker
in his mid-twenties, was said to
have recently returned to his
birthplace and childhood neigh-
bourhood of Conch Sound to live
with his mother, Alma, prior to '
his death.

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Stephan Allen
David Bain

Gerard Bain

Eric Bannister
Dante Braynen
Teaco Brown

Sean Cargill
Andrew Cartwright
Khanili Curry
Sergio Davis

‘Congratulates
the 2006 Apprentices
on a job well done!

2006 APPRENTICES

Daval Dean
Andrew Hall
Tamal Hanna
Manjaro Hepburn
Eustace Jennings
McNair Johnson

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THURSDAY, NOVEMBER 22, 2007, PAGE 19



Celebrating excellence FV a tart mecoen
College 090.

at Queen’s

EACH year in October,
the Queen’s College High
School takes time to cele-
brate the achievements of

the previous academic year,

— and this year there was
plenty to celebrate.

Sharing in the celebra-
tion of excellence this year
was Byran Woodside, MP
and Minister of State for
Youth and Sports, who
gave the keynote address.

“Queen’s College is
proud to showcase the
many talents of the stu-
dents, ranging from acad-
emics to athletics; from the
arts to debating; from
world travels to community
service,” said the school in
a statement.

Individual students were
called to the stage to
receive certificates of out-
standing achievement for
their work during the past
academic year.

Subject prizes were
issued as well as certifi-
cates of high standing for
external examinations.

Student athletes were
recognised for their efforts
in their respective sports,
including the second place
track and field team, the
junior boys soccer champi-
ons, the senior boys vol-
leyball champions, and the
BAISS swimming champi-
ons.

Also highlighted were
the many students who
excel in a variety of extra-
curricular activities.

The vice-principal of the
High School, Shawn Turn-
quest, was beaming with
pride ‘as she introduced the
students pursuing
advanced, rigorous cours-
es (SPARCs).

These students push
themselves to excel beyond
the national BGSCE level,
following courses in the
Advanced Placement pro-
gramme. In fact, 87 per
cent of the graduating class
of 2007 had taken courses
beyond the BGCSE stan-
dard.

Teachers

Queen’s College current-
ly offers AP courses in sev-
en subject areas and sends
teachers to AP training
institutes throughout North
America to become certi-
fied.

With this programme,
Queen’s College said it is
seeing that its top students
can excel in their post-sec-
ondary studies and com-
pete globally with interna-
tional counterparts.

During the celebration of
excellence, it Was
announced that many of
the students at Queen’s
College had taken advan-
tage of the summer vaca-
tion to attend camps, sem-
inars, conferences and trips
to further expand their
knowledge and experience.

Some students practiced
their language skills during
a European tour. Others
attended an engineering
camp, while others took in
the People to People
Future Leaders Summit.

Some students. had the
privilege to attend confer-

KELLY BRUNEY, head girl, receives a certificate of achievement
from Principal Andrea Gibson





ences at prestigious uni-
versities such as Stanford
University and Johns Hop-
kins University.

Another highlight of the
celebration of*excellence
was the installation of the
prefect body.

The four outstanding stu-
dent leaders for the year
2007-2008 were featured.
Zachary Lyons and Kelly
Bruney were chosen as
head boy and head girl by
their teachers and peers.

Selected as deputy head
boy and deputy head girl
were Francis Poitier and
Amanda Conyers.

“All of the prefects are
known throughout the stu-
dent body and are respect-
ed for their integrity,
dependability, responsibil-
ity and commitment to the
principles and ideals of the
school,” QC said.

The Principal of Queen’s
College, Andrea Gibson,
said she is confident that
through the deliberate
efforts of professional staff,
along with commitment of
parents, Queen’s College
is providing the opportuni-
ty for students to become
well-rounded, contributing
members of society.



PRINCIPAL OF Queen’s College Andrea Gibson presents a
certificate of achievement to the head boy, Zachary Lyons





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PAGE 20, THURSDAY, NOVEMBER 22, 2007



British government says
sorry after mislaying
lelails of 25 million people

lm LONDON

PRIME Minister Gordon
Brown tricd to reassure Britons
their personal details were safe
Wednesday after the one of the
biggest security breaches in the
country’s history left millions of
people exposed to identity theft
and bank fraud, according to
Associated Press.

‘Two computer disks that went
missing While being sent from one
government department to anoth-
er contained names, addresses,
birth dates, national insurance
numbers and — in some cases —
banking details for 25 million peo-
ple, nearly half the country’s pop-
ulation. The disks were password
protected but the information on
them was not encrypted, officials
said.

“[ profoundly regret and apol-
ogize for the inconvenience and
worries that have been caused to
millions of families that receive
child benefits,” Brown told the
House of Commons. “We have
a duty to do everything that we
can to protect the public.”

Brown said he had asked secu-
rity experts to work with govern-
ment departments to check their
procedures. He said the informa-
tion commissioner also would be

- given the power to carry out spot
checks on government depart-
ments.

Brown said he stood by Trea-
sury chief Alistair Darling, who

on Tuesday.

Darling said the disks con-
tained details ‘of the 7.25 million
families in Britain claiming child
benefit —a tax-free monthly pay-
ment available to everyone with
children. He said the delivery was
not being tracked and was missing
for three weeks before any alarm
was raised.

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EN

@ PARIS

COORDINATED acts of sab-
otage struck France’s high-speed
trains, causing further delays to
services already widely disrupted
by strikes just as talks were open-
ing Wednesday to coax unions
into ending their walkout, accord-
ing to Asseciated Press...

The national SNCF rail author-
ity stopped short of blaming strik-
ers for the overnight vandalism,
which it said included the burning
of electric cables and damage to
signaling systems. Labor unions
quickly denied any connection.

Nevertheless, the attacks
added a new note of ill will
before the talks Wednesday
between unions and the compa-
nies worst hit by the strike — the

Paris transit authority and the.

SNCF.

President Nicolas Sarkozy
called the attacks unacceptable
and ordered his justice minister
to pursue those responsible.

The SNCF called the vandal-
ism a “coordinated sabotage
campaign.” The boss of the pow-
erful CGT union, Bernard
Thibault, condemned the attacks
but also suggested they may have
been designed to discredit the
strike movement.

Train drivers and Paris transit



Sou

RAILWAY WORKERS replace a cable after an arson attack on the high-speed rail network in Varreddes, France, 50 kms(32 mls)east of Paris, Wednesday, Nov. 21, 2007. Coordi-
nated acts of sabotage struck France's high-speed trains, causing further delays to services already widely disrupted by strikes just as talks were opening Wednesday to coax

unions into ending their walkout. The national SNCF rail authority stopped short of blaming strikers for the overnight vandalism, which it said included the burning of electric cables
and damage to signaling systems. Labor unions quickly denied any connection.

back to work on subway and
long-distance trains.

Just over half of the 700 nor-
mally scheduled fast trains were
scheduled to run Wednesday, the
SNCF said. It said the acts of van-
dalism were causing delays of one
to three hours for some high-
speed trains.

The attacks appeared to be
aimed at further crippling the fast
train network: Vandals targeted
lines connecting Paris to the west-
ern Atlantic coast, the east, the
north and the southeast of the
country.

SNCF official Mireille Faugere
said electric cables running
beneath tracks had been set
alight and then reburied, making
it harder to find and fix trouble
spots. The vandals also stuck
burning rags into railway signal
boxes, Faugere said.

Interior Minister Michele
Alliot-Marie said police were
working to identify those respon-
sible.

Talks between labor unions
and Paris’ public transit authori-
ty kicked off early Wednesday
with a government representa-
tive present. Negotiations with
the SNCF were slated for later
in the day.

The talks are expected to last
one month.



Michel Euler/AP

3



e @ ®
revealed the lapse at Britain’s tax;
and customs service. There were} '
gasps from lawmakers when Dar-
ling described the scale of the loss:

prompt a full return to work.

The SNCF said strikers’ ranks
continued to dwindle Wednes-
day, with just more than one in °
five workers still striking. On the
first full day of the walkout, 61
percent of rail workers took part,
the SNCF said.

Striking rail workers in the
Mediterranean port city of Mar-
seille did not wait until the end of
the first round of talks and voted
Wednesday to extend the strike
at least through Thursday, an
official from the CGT-Cheminot
union said,

But workers in several smaller
cities could vote later Wednes-
day to resume work, union offi-
cials said.

After about a week of unchar-
acteristic silence, Sarkozy spoke
out against the strikes on Tues-
day, which he said were holding
transport users “hostage.” He
pressed strikers to return to work
and insisted that he would not
back down on the retirement
reforms — an opening salvo in
his broader program of econom-
ic, political and social change for
France.

The head of France’s main
employers’ association described
the strike as “a-real catastrophe
for our economy.”

“The economic cost is incalcu-

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THURSDAY, NOVEMBER 22, 2007, PAGE 21

THE TRIBUNE

THURSDAY EVENING ~- NOVEMBER 15, 2007

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THE TRIBUNE

( Calvin& Hobbes )

*A BUSHEL IS A UNIT

PAGE 22, THURSDAY, NOVEMBER 22, 2007
. tite . COMICS PAGE















WELL, YOU TWO
HAVE WORK TO
DO! CAN I GET
YOU ANYTHING 2

SURE---
UH---SAME
ANYTHING

FOR YOU?












; NO, THANKS!
JUST TELL SOPHIE
I'LL 6EE HER LATER!

A POT OF GOOD
COFFEE..-I TAKE
CREAM, NO SUGARL









YOU KNOW, I DON'T
UNDERSTAND MATH
AY ALL.









B
MAN WHAT cosets
BRINGS YOU_,





EY x
WA
en 2





“T HOPE YOUHAVE A DEGREE IN
BABYSITTING,..HEe A REAL TEST.








~~ Contract Bridge |
: By Steve Becker
Out of the Blue



THE Boss 4

IS GONNA SEE
IF HE CAN TRADE
ME TO ANOTHER

WE DON'T FUNCTION WELL
TOGETHER AS A TEAM!

MAYBE WE
JUST NEEO A NEW
HEAD COACH



_ By LINDA BLACK





Mess WILRY INK, IRC.

TIGER

BREAKFAST
\S THE Most
IMPORTANT















CRYPTIC PUZZLE

ACROSS
Cold ones with a lot of
ice in? (6)
Just the girl to run off with
a writer (8)
A puce jumper (4)
So, in the main, it's a French-style
house (6)
Work hard using rivets (6)
He has some cronies (3)
Sharpened up for the
houseman? (5)
Legal right to rest before
a new start (4)
In a mount, one would be an art
treasure (5)
Bigwig having a half of beer, the
low creature! (5)
Land of jazz (5)
A day off from the fire station (4)
Sweetness was the ruin of Argus (5)
It grows in ultimately many
directions (3)
Unite to get the side promoted (4,2)
Rent cut for December, at least?

DOWN

1

Maids upset over money, obviously
sad (6)

Historic hero involved in wrestling (6)
Bridge liable to snap? (4)

Girl who shows you what to do when
she’s cold (7)

Flier possibly born to get

out of line (5)

One way to get married or stitched
up (5)

Raising it is illegal! (4) -

How time changes one (3)

The bad thing in being betrothed (3)
A goddess in orbit (5)

Get away with a broken ankle? (3,2)
The child is a girl (5)

Get muddled by figures? (3)

Born for the part of Jane Eyre (3)
Half a dozen tricks for sabotaging
computers (7)

It's in the fundamentals of civil
engineering (3)

Go back on a decree, shiftily (6)
Water container a brewery needs (4)










WIL IPR GERRTALIVK. VET

60 ITS
VOWNN HILL
FROM HERE 7

1)
N
nN
ny
=

ACROSS

_Pointed tooth (6)

Sporty (8)
Fruit (4)
Comfort (6)
Dress (6)
Employ (3)



Opening lead — ten of spades.
In selecting his line of play,
declarer tries to give himself the

maximum chance of making the con-
tract. If there is more than one way to

play the hand, he chooses the one.

that — mathematically — offers him
the greatest probability of success.



Se East dealer. The other alternative is io eee a
i Inerable. low diamond toward dummy, hoping
ae NORTH West has the queen. If he does, THURSDAY,
=SS @KJ7 declarer makes three diamond tricks NOV 92
=2 VAI4 instead of two.
Sx) : 36 In choosing between the two alter-
ee WEST EAST of probabilities. He compares the | Roll up your sleeves, Aries, because
> i #10983 #42 chance that West was dealt the queen } you have a lot of work to do this
¥10752 ¥863 of diamonds (50 percent) with the [ week. An argument has you left with
#1054 #Q982 chance of finding the clubs divided | some big fences to mend. Expect
MARVIN wl 3 #01098 3-3 (36 percent). ' some long hours of labor.
Sa ; SOUTH Since the percentages favor | TAURUS - Apr 21/May 21
ONCE AGAIN YOU HAD TO GO NOT TWICE 4AQ65 attacking diamonds, South wins the | Something unexpected pops up on.°
AND EMBARRASS ME AT THE THOUGHT AS FAST AS ¥KO9 spade lead in his hand and leads the | Thursday, Taurus, causing you to
ATE WATCHERS ® WEIGH-IN) /> YOU WANTEP @AK73 diamond three to the jack. East wins } rethink a few courses of action.
ME TO LOSE #K4 with the queen, which is a nasty blow | Invite Capricorn to help you create a
WEIGHT The bidding: — but not necessarily fatal. new agenda.
East South West North After winning the diamond, East | GEMINI — May 22/Jun 21
Pass 2NT Pass 6 NT returns a diamond. South takes the | There’s something bothering you, —

ace and cashes all his spades and | Gemini, but you’re not ready to

hearts, reducing everyone to four
cards.

open up to others. The longer you
keep these feelings bottled up, the

This leaves South with the K-7 of | worse you will feel.
diamonds and K-4 of clubs, while | CANCER — Jun 22/Jul 22

dummy has the A-7-6-5 of clubs.
East, however, runs into serious dif-

Help is on the way when you land in
a bit of hot water, Cancer. It wasn’t

ficulty as the last heart is being Jyour fault, but you’re paying the
cashed. Holding the 9-8 of diamonds. } price for the deed. Don’t worry, oth-



HOW many words of four letters or more can you
make from the letters shown here? In making a word,
each letter may be used once only. Each must contain
the centre letter and there must be at least one
nine-letter word. No plurals, or verb forms ending in
“s”, no words with initial capitals and-no words with a
hyphen or apostrophe permitted. The first word of a
phrase is permitted (e.g. inkjet in inkjet printer).

TODAY'S TARGET

Good 13; very good 19; excellent 25 (or more).

Solution Monday.
YESTERDAY'S SOLUTION

adept aped cape caped clap clip cupid depict
dupe duple DUPLICATE epic leap leapt pace
paced pact paid pail pale paled pate peal peat
pedal pelt petal pica pied pilau pile piled place
placed placid plaice plaid plait plaited plate
plated plaudit plea plead pleat pled plied :
puce pule puled tape taped taupe teacup tepid

tulip update

Turning-point (6)
Gratify (6)
Challenge (4)
Depress (7)
Undress (5)
Yearned (5)

Recorded (5)

Stopper (4)

Ivan Sokolov v Lev Aronian,
Netherlands v Armenia, Turin ~
Olympiad 2006, World number
three Aronian led his small
country to the gold medals
ahead of China, the US and
Russia, but his moment which
made headlines was when
Londoner Danny Gormally
aimed a punch at him at the
Olympiad party. In a show of
patriotic solidarity, one fellow
Armenian took a swing at
Gormally that evening and
another followed suit the next

LIBRA - Sept 23/Oct 23
There’s no security in a venture you
have been considering, Libra. You’d
better think of a new plan or you could
end up in financial ruin. Talk to others
you can trust for advice.

SCORPIO — Oct 24/Nov 22
It’s time to confront a supervisor
about your feelings, Scorpio. Things
haven’t been the best at work, and
perhaps you can both come to a
mutual decision on a change.

SAGITTARIUS — Noy 23/Dec 21
Naysayers feel you won’t be able to
handle a big task coming up,
Sagittarius. But you know better.
Prove them all wrong by diving in
whole-heartedly this week. :

CAPRICORN - Dec 22/Jan 20
There’s not much on the calendar for
this week, Capricom, so take a few
days to recoup. Though you’ll be
tempted to find busy-work, relaxation
is just what you need, so resist.

AQUARIUS - Jan 21/Feb 18
You've been itching for a change of
scenery, Aquarius, and your wishes
will be granted when a real estate
venture is too good to be true.
Luckily, it’s all legitimate.
PISCES — Feb 19/Mar 20
Only you can map out your future, so
stait today with a few well-thought-
out business ventures that will add to
your retirement fund:

Consider this deal where West

NON SEQUITUR leads a spade and declarer can count and Q-10-9 of clubs, he cannot finda Jers won't blame you.

y only 11 sure tricks. The 12th can safe discard. Whatever he decides to Jy FO _ Jul 23/Aug 23

5 | come from either of two sources. do, South scores the rest of the tricks, They say honesty is the best policy;
t wIKEN, BECAUSE WE § One possibility is to lead the A-K and making the slam on a squeeze that fana nothing could be more true as
§ KNEWN Teo MUCK, $ | another club, hoping the opposing was not even contemplated at the | events play out for you this week,
= BUT INNS Too S |} clubs are divided 3-3. outset. Leo. When faced with some ques-
f WELL-KNOWN To g tions, make sure to tell the truth.
%| RISK ANING HIN f x VIRGO -— Aug 24/Sept 22
; \WUANCKED, 1 : Contrary.to what you may believe, the
8 PINOCCHIO ts a La Z 8 ayy mt 'e- ET world is not out to get you, Virgo. The
3 No PARDONED 5 ZG f ALR events that have been occuring are _-.
z x s i on ia BD ) REAL-LIFE . strictly the result of your actions.
: ad yo LA FRIRY TALES Change your way of thinking,
Ss Ts /

\ A RL |
Spaeth! An

CHESS by Leonard Barden



é

=
board. White’s K-side }s totally
undeveloped and the black army is

day, after which the England
number four wisely took an
early plane home. Fact is,
though, many regard Aronian,
24, as a potential world
champion in the next couple of
years. Today's diagram was his
most visual moment at the

Expert (3)
Brown (3)

Sap (5)

Polite (5)
Continental (5)
Knock (3)

Wise man (4)
Mature (5)
Black bird (5)
Shade of brown (5)
Liquid measure (4)
Claw (5)
Wicked (3)
Joined (6) Vegetable (3)
Conditional release Renovation (7)
(6) Drunkard (3)
Verbal (4) Procession (6)
Exaggerates (8) Hero (4)
Threefold (6) Dozen (6)
Royal house (5)
Organ (5)
Pub (3)
Mail (4)

menacing, yet White hopes to tum
the tables. tf Aronian swaps
queens, then the b4 pawn forks
rook and bishop, while if the
queen sidesteps, Black's h8 rook is
loose. What should Black play?

LEONARD BARDEN

That's good! (6)

One who needs to handle things
tight? (4)

Like scones, say, in bed? (8)
Land of nomadic Wends,

out East (6)

As a painter, one interrupts

a giant (6)

Remnants of vandalised busts? (5)
Did he unearth Gareth? (5)

The ayes have it (3)

Can be assumed to be useless (4)

EASY PUZZLE

—_—_——.

resterday’s cryptic solutions

ACROSS: 1, Green 6, Pooc-H 9, Disa-vow 10, Scrip 11,
Plain 12, Brass 13, Tuto-red 15, Get 17, O-pen 18, Parish
19, Stair 20, A-Z-ores 22, Anti 24, L-EN 25, Sca-TT-er 26,
Beach 27, Live-r 28, Pay up 29, L-adders 30, She'll $4,
Other

DOWN: 2, R-e-coup 3, Edison 4, Nip 5, Ba-I-rd 6, Pop's-tar
7, Owls 8, C-rises 12, Be-L-ts 13, Tonal 14, Tenon 15, Gl-
ant 16, The-IR 18, Pinch 19, Sever-a-L 21, Zen-ith 22, At
las-t 23, T-en-ure 25, S-cads 26, Be-L-L 28, PRO

Yesterday's easy solutions
ACROSS:1, Scots 6, Douse 9, Rallied 10, Ended 11, First
12, Begin 13, Distort 15, Pew 17, Odes 18, Figure 19,
Heart 20, Erased 22, Used 24, Son 25, Inanely 26, Slant
27, Abbot 28, Runes 29, Shopper 30, Decoy

31, Petty :

DOWN: 2, Candid 3; Treats 4, Sad 5, Sleet 6, Deficit 7,
Odin 8, Sister 12, Breed 13, Domes 14, Sedan 15, Purs«
16, Weedy 18, Front 19, Healthy 21, Rouble 22, Unsure
23, Eldest 25, Inapt 26, So-so 28, Rep

PUZZLE SOLUTIONS

Chess solution: L..Qc6! 2 Qxh8+ KAT and White
resigned. Rcl mate is a devastating threat, and he
can't capture the rook because his b4 pawn is pinned
by Black's bishop against the white king.




“> THE TRIBUNE

THURSDA :

1 teow WN ted hem Dey 2U07, PAGE Zo



@ HITACHINAKA, Japan

HITACHI’S new toddler-like
robot rolled around and waved
. for reporters Wednesday, only to
crash into a desk and demonstrate
the challenge of turning automa-
tons into everyday helpers,
according to Associated Press.
The red and white robot,
designed to run errands in offices,
wasn’t prepared for the jam of
lunch-break wireless network
traffic at the company’s research
center! Unable to communicate
with its handler’s laptop, it
smashed into the office furniture
as reporters gasped.
Still, the 31.5-inch tall, 29-

pound EMIEW 2 was able to.

show how it can scoot on- two
wheels, get on its knees to move
on four wheels and even lift its
foot about an inch to step over

acknowledged kinks had to be EMIEW 2 robot also features a
Pom fous pina te con- Worked out. Besides the collision, —_ gyrosensor ‘6 maintain its bal- . Such as NEC Corp. and Fujitsu [ sa a :
iro?’ —_was at the heart of it also suddenly stood motionless ance, lithium ion batteries for an have shown robots, but Sony HITACHI LTD.'S humanoid robot EMIEW 2 kneels down during a
Wednesday’s mishap. at ane paint. hour worth of power before Corp. has discontinued the Aibo press preview at its research center in Hitachinaka, north of Tokyo,

While showing off its ability to

understand human speech, a spec-
tator asked where someone was
sitting. It responded in a boylike
electronic voice: “I will take you
there. Follow me.”

Seconds later, when it tried to
maneuver between two desks, it
smashed into one of them. A
demonstrator reached out just in

time to catch the robot by its _

winglike handles before it fob
pled over.

Repeat

Reporters had to wait for an
hour until after the lunch break to
watch the robot repeat the
demonstration — this time
smoothly making its way between
the desks.

Developers said the robot had
performed fine on test runs but

“We are studying what hurdles

TAU nats ON S
AMpahcn
,’

J oN

INTERNATIONAL NEWS

- Hitachi’s latest robot wheels around,
crashes into desk during demonstration

need to be overcome to make
robots practical,” said Hitachi
researcher Takashi Teramoto.
“One characteristic we feel we
need to ensure for robots is safe-
ty.”

Robots are now mostly used as
industrial’ machinery and toys.
Hitachi Ltd.’s robot is the latest
attempt by Japanese companies

to develop one that can be an .

assistant in daily life.

In 2005, Hitachi showed the
robot’s 51-inch-tall predecessor,
the EMIEW (for “excellent
mobility and interactive existence
as workmate”). .

The improved EMIEW 2
demonstrated Wednesday has
shed some pounds to be safer
around people and easier to carry
around. It can shift from moving
on two wheels to.a more stable
position on four wheels.

recharging and a laser radar to

The Bahamas Ministry of Teaige and Aviation

In Cooperation with

The Bahamas Hotel Association

Presents
The 13th Annual

Jr EN ally

CHRISTMAS CRAFT & SOUVENIR SHOW

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Win lots of prizes and enjoy a complimentary eggnog!

Bahamas Hotel Association Holiday
Silent Auction (Friday and Saturday Only)

Special Addition:

Kids’ Corner, Storytling, Opie and the Websites Rake ‘n Scrape Band,
_ Sunday Desserts with Chef Tracey

Friday, Hoveriber 94, 2007 » Ger ta Spit
Saturday, Herenber 4, e007 i: Tam i Spm

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The Bahamas Ministry of Tourism and Aviation

map out its surroundings in its.

computer brain, according to
Hitachi. It can also dodge human-
size obstacles in its way, the
Tokyo-based company said.
Hitachi declined to say when
the robot will be ready for com-
mercial use. It also, refused to say
how much the robot cost or how
much it spent on its research.

Practical

Japan is among the world’s
leaders in robotics, and the gov-
ernment is pushing major com-
panies like Hitachi to develop
robots for practical use.

Honda Motor Co. and Toyota
Motor Corp. have also developed
human-like robots that reporters
have seen working as guides at
the Japanese automakers’ facili-
ties. Other electronics makers

dog-shaped entertainment robot.

Fe



Wednesday, Nov: 21, 2007.

13 oz, A
a) Canned Dog Food

SAVE $4.76

Koji Sasahara/AP

SPECIAL GOOD NOVEMBER 15 - 28

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eee Re





CAVES VILLAGE

INTERNATIONAL NEWS

Mbeki opens new pardon process for
perpetrators of political violence

m@ CAPE TOWN,
South Africa

PRESIDENT Thabo Mbe-

ki extended the possibility of

pardons Wednesday to peo-
ple convicted in political vio-
lence that persisted beyond
apartheid, according to Asso-
ciated Press.

Mbeki told a joint session
of parliament that people
convicted of offenses they
saw as political before June
1999 should be able to apply
for a presidential pardon in
a three-month window start-
ing Jan. 15.

“Tt is indeed an indication
of the deep scars inflicted by
our painful past that 13 years
after the attainment of our
freedom we still have to grap-
ple with matters of persons
who committed offenses that
might be categorized as polit-
ical, creating the possibility
that we can be accused of
having political prisoners,” he
said.

He said all partics would
be involved in the pardon
process which, he hoped,
would complete the “unfin-
ished business” from the
Truth and Reconciliation
Commission. The commission
headed by Nobel laureate
Desmond Tutu granted
amnesty to some | ,000 people
perpetrators of apartheid-era
crimes who showed remorse.

Rival

Tutu’s commission’s cut-
off date was 1994 — the year
of South Africa’s first mul-
tiracial elections. And many
people did not take part. Fol-
lowers of the Zulu nationalist
Inkatha Freedom Party,
which was a bitter rival of the
African National Congress,
boycotted the commission,
saying il was an ANC tool.

The violence between the
ANC and its rivals — foment-
ed by the apartheid govern-

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ment — claimed on average
1,000 lives a year between
1984-1994.

The killings continued after
the multiracial elections in
1994, although at a much low-
er level.

Inkatha Freedom Party
chief whip Koos van der Mer-
we gave a cautious welcome
to the prospect of pardons,
although said it came too late.
The party says that several
hundred of its activists are
currently in jail for political
crimes that should be covered
by an amnesty.

The government has
received at least 1,062 appli-
cations for presidential par-
dons by people who had been
found guilty of offenses which
were allegedly committed
with a political motive, arising
from the conflicts of the a
Mbeki said.

Those who applied to the
Truth and Reconciliation
Commission for amnesty and
were rejected will not be eli-



Det eres aT 2
ea Veer ae
Po Cneken Wilco ae

Decal



OLD FORT SAY
®

* - Congratulations from
| The Board, Executive Management and Staff
of the Bahamas — Corporation

Kevin Seymour
onthe completion of the
Apprenticeship Program
ann

Winning the Gold Medal
from the Cities and Guilds
of London Institute

®
AIRPORT

THE TRIBUNE -~ :



gible to appeal under the new
process, he said. Nor will
those convicted of nonpoliti-
cal crimes.

Victims

This was welcomed by
Hugo van der Merwe, a pro-
gram manager at the Center
for the Study of Violence and
Reconciliation. He added vic-
tims should also be heard, as
they were in the Truth and
Reconciliation Commission.

Zweli Mkhize, of the Khu-
lumani Support Group which
represents victims of
apartheid era crimes, wel-
comed the pardons
announcement as a “concil-
iatory gesture.”

But he said civic groups
should have been involved in
drafting the plan.

“We are not crying foul,”
he said. “All we want is a say
in the decision making

process.”








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launch ‘very

shortly’ over
PTT Em A

@ By NEIL HARTNELL

Tribune Business Editor

OPPONENTS of the $175 :
million Baker’s Bay Golf & }
Ocean Club project will “very ;
shortly” launch a third Judicial :
Review application, The Tri- :
bune was told yesterday, this ;
time’challenging permits and :
approvals issued to the devel- :
opers by the Hope Town Dis- }

trict Council.

Fred Smith, partner in Cal- }
lender’s & Co, and attorney :
for the Save Guana Cay Reef }
Association, said the group’s }
latest planned legal action }
would. focus on permits and }
approvals issued to the Bak- ;
er’s Bay developers, Discov- ;
ery Land Company, in Sep- }
tember and October 2007, just ;
after their second Judicial :
Review application had been

launched.

“I can tell you that yery }
shortly, because of a number :
of permits approved by the :
Hope Town District Council :
after we had launched Gua- :
na Cay case number two, we
are about to launch a new }

Judicial Review application,

Guana Cay case number }

three,” Mr Smith said.

“The case will be specific to
a number Of permits that we :
just recently discovered were :
approved in September, and :
further applications that were :

approved in October.”

Mr Smith added that he had :
also noted the deep split in
the Hope Town District :
Council when it came to deal- }
ing with approval and permit :
applications submitted by the :
Baker’s Bay developers, with :
three council members want- :
ing to continue dealing with :
them and an equal number ;
wanting written assurance :
from the central government
that it was safe to continue }

doing so.

As a result of this split, chief
councillor Jeremy Sweeting :
was having to use his casting
vote to get the Baker’s Bay }

permit applications through.

Mr Smith, though, said the
council had not responded to ;

SEE page 10B

forerunner.

SEE page 11B

_ The Porches



Sy ee in further

3m expansion

Fourth outlet in eastern New
Providence to create 30 jobs
when it opens in late 2008



@ By NEIL HARTNELL
Tribune Business Editor _

CHECKERS CAFE, the
well-known Bahamian restau-
rant chain, is investing $3 mil-
lion in expanding via a fourth
location to eastern New Provi-
dence, a move expected to cre-
ate some 30 jobs when it opens
in late 2008.

Gus Cartwright, Checkers’
proprietor, told The Tribune
yesterday that the restaurant
would share the premises with
the washhouse business his fam-
ily also owned, Sunrise Wash,
both businesses retaining their
separate identity under the
same roof.

No revenue losses shown
yet from Freeport’s bond

Government trying to ‘strike delicate balance’ between
revenue protection and letting business ‘flourish’

@ By NEIL HARTNELL
Tribune Business Editor

THE Government is trying “to strike a delicate
balance” between protecting is revenues and allow-
ing business in Freeport to “flourish” via the over-
the-counter bonded goods regime, the minister of
state for finance telling The Tribune that there
was nothing to yet indicate that the practice was
costing the Treasury due revenue.

Responding to recommendations submitted by
the Bahamas Chamber of Commerce on how a
uniform system for operating the over-the-counter
bonded goods regime could be implemented, sat-
isfying both Grand Bahama Port Authority
(GBPA) licensees and the Government, Zhivargo
Laing said the report would provide a basis for fur-

ther discussions on the issue.

This, he explained, would
provide services needed in the
area served by Checkers’ latest
location, at the corner of Fox
Hill and Joe Farrington Roads,
and enable the restaurant to
exploit synergies from providing
meals while Sunrise customers
waited for their clothes to be
washed, dried and pressed.

Mr Cartwright said the fourth
Checkers location was projected
to open “some time late next
year”, the company not wanting
to take on too many new pro-
ject at once after just complet-
ing the multi-million dollar relo-
cation of its Carmichael Road

SEE page 11B

licensees began‘earlier this year following a
Supreme Court ruling by Justice Isaacs that
favoured Freeport Concrete’s Home Centre sub-
sidiary and went against Bahamas Customs.

The ruling essentially allowed the Home Centre,
and by extension other GBPA licensees, to bring
in their entire inventory bonded, meaning that all
goods could be imported without import/customs
duty and stamp tax being pre-paid.

Justice Isaacs’ ruling also established that the
Home Centre could display ‘bonded’ goods on
the shelf in its retail store where they could be
seen by the public, overturning Customs’ objections .

to this.

Talks between the Government, GBPA and its

BORCO sale
yet to close

A SALE of the Grand Bahama-based Bahamas Oil Refining Com-
pany International (BORCO) has not been finalised, sources close to
the deal told Tribune Business yesterday.

It is believed that the German company, Oiltanking, Nustar and pos-
sibly Chevron are among the six final bidders for the terminal, with the
final purchase price estimated to be worth $700 million, sources said.

Originally, some 52 bidders submitted indicative bids for Borco
before the final six were narrowed down, Oiltanking possibly being the

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Asa result, Mr Laing said talks had begun on the
“modalities” of how Freeport’s over-the-counter

SEE page 9B



Le

your lovect ane thi



THE CARTWRIGHT brothers greet Deputy Prime Minister Brent Symonette and Speaker of the House
Alvin Smith at the recent opening of Checkers new Carmichael Road restaurant.

South Ocean

@ By NEIL HARTNELL
Tribune Business Editor






















SEE page 10B

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A LAWSUIT filed against the South Ocean Golf & Beach
Resort’s parent company and former Canadian pension fund own-
er, in relation to the property’s sale, was dropped because the
plaintiff bringing the action said it could not afford legal costs.
Case Financial, which filed the lawsuit against the South Ocean
Development Company and Canadian Commercial Workers Indus-
try Pension Plan (CCWIPP) in February 2007, had alleged that a
fraud was committed against it after it settled previous litigation over
an attempt to purchase the Bahamian hotel property, which is sit-
uated in southwestern New Providence.
Also named in the lawsuit was Allen & Company, a Florida firm
that acted as a broker for CCWIPP in its efforts to find a buyer for
South Ocean, and who also found the Canadian pension fund’s new
majority partner for the British Colonial Hilton, Adurion.
Yet Case Financial alleged that it dropped the lawsuit because it
did not have the funds to meet legal costs after a CCWIPP repre-
sentative refused to release money allegedly owed to the company.
In a Form 10-Q filed with the US Securities & Exchange Com- |
mission (SEC), Case Financial said: “On February 27, 2007. the
company filed suit in the United States District Court, Southern Dis- ;




THE TRIBUNE

TT ee Se aie eure
Be ‘aware’ of need to

share all information

PAGE 2B, THURSDAY, NOVEMBER 22, 2007



{
4

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WE are aware of our sur-
roundings in the fight to com-
bat crime, but now what do
we do? Let us compare the
approach that should be
adopted to a radar, which is
what pilots and ships use to
alert them to the approach of
potential danger.

What a radar does is very
similar to what I described in

7
Safe &
Secure

by Gamal Newry




suggested by a client, hide
and wait for the assailant and
catch him in the act? The lat-

that the expert really is the
person with the problem, or
who the one who will con-
front the issue. Going back to
the RAF fighters, on several
occasions flight command
gave directives on how the
pilots should engage the ene-
my. Sometimes they worked,
but on occasion the heat of
battle demanded other meth-

last week’s article; it essen- ter may sound good and, ods.
tially sends out feelers in the when seen in the movies, s
form of radio waves which, even looks good, but when Message
‘after bouncing off the incom- —_ attempted in real life there b
ing object, enable the moni- are numerous logistics, costs The basic message is that
toring person to detect and risks involved. Would it the corporate security man-
approaching objects. The not be better to advise staff ager must not only be pre-
British used radar during of the potential danger, pared to give information in
World War II to assist them increase patrols, increase their efforts to minimise loss,
in holding off the onslaught lighting or even close off but they must also be pre-
by the German Air Force. It high-risk areas after hours. pared to receive information
allowed the smaller Royal All of these suggestions are in the form of recommenda-
Air Force (RAF), a mere 450 low-risk and low-cost, com- tions from persons who are
planes, to be forewarned of pared to the amount of man closer to events. My research
the take-off and approach of hours that would have to be and observations have seen
the 1,000-strong German investes in setting up the where an inability to timely
long-range bomber fleet. The —_ Sting operation. share information has result-
RAF fighters could now be The question I always ask ed in a loss to the company.
accurately deployed and students and clients is: Which Thus the prevailing problem
counter the Germans as they _ resort do you want to spend of ego has cost more corpora- ’
attempted to crossed the your vacation at? Isitthe one tions time and money than
French Channel that has a good detection and any other deficiency in secu-
This sounding of analarm, Conviction rate, or the one rity.
or sharing of information, that has a low incidence of It is important to adequate-
depending on the method crime? To reduce loss and ly grasp these points on
used, is the next critical step crime, all persons who may awareness - what you see,
in efforts by Bahamas-based be affected must be brought - hear and feel - and informa-
corporate security managers up to date consistently and tion sharing, based on what
to prevent loss and crime. continuously on all events was collected as a result of
: : The manager is the lead per- Which happen. The idea that being alert. All other actions
A WH 69502-1658 son in the company’s efforts they cannot handle the news _ will weigh heavily on these
: : to reduce loss, and must is dangerous and irresponsi- first steps.
: understand that ‘crime ble, considering they are
. . ol awareness’ must spill into the Most likely to be the ‘news' NB: Gamal Newry is the
~ cere re @ entire corporation, via the or, in other words, the topic president of Preventative '
R FOR YOUR HAIR UNDER THER c sharing of critical informa- of discussion because they Measures, a loss prevention
Se ee a Cor RN A ERLE E. tion. ea oo we and asset protection training
a a Imuarly, It 1s importan and consulting company, spe-
Before Dur. ing & A fi ter Wi g [ Is e Example that suggestions for correct- cialising in policy and proce-
Bercemmtense” R — A : - ing or preventing the prob- dure development, business
For example, if neighbour- — lem a aes which security reviews and audits,
fs as : ; > Ame tan RAKES AR shiall ing businesses have been. means listening to persons and emergency and crisis
Can be used for hair preces and EX fens LOnS AS i el| experiencing employee who may on different yet naw BOICOE ane can
assaults in their parking lot, valuable perspective to yours. _ be sent to PO Box N-3154
it is possible this type of This sometimes becomes dif- Nassau, Bahamas, e-mail
activity may affect your busi- _ ficult for the manager, asego —_ gnewry@gmail.com or visit us
ness. Is it better to keep this often gets in the way but at www.preventativemea-
information a secret or, as he/she has to understanding sures.net
>

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THE TRIBUNE



Hotels report strong |BSi
holiday occupancies

m@ By CARA
BRENNEN-BETHEL
Tribune Business
Reporter

BAHAMIAN hotels are
reporting excellent occupancy
levels over this Thanksgiving
weekend holiday, figures they
predict will continue into the
Christmas season.

Jermaine Wright, director of

sales at the British Colonial
Hilton, told Tribune Business
yesterday that their occupancy
levels were lying between 99
per cent,-which they achieved
on Tuesday, and 94 per cent,
which is expected at the week-
end.

“Last year this time, we had
recorded an occupancy level
averaging 86 per cent, which

~ was still good, but you can see

the improvement,” he said.

Mr Wright believes other
Bahamian resorts will also expe-
rience similar occupancy levels,
as this is traditionally a busy
time of year for the tourism
industry.

“We are predicting these
strong numbers for Christmas
as well,” he said. “It looks to be
a great season.”

Ed Fields, vice-president of
public affairs at Atlantis, told
The Tribune that the resort was
“full” for the Thanksgiving
weekend.

According to SuperClubs
Breezes reservation agent
Mizpha Miller, the all-inclusive
resort is heavily booked for this

weekend, with 207 rooms:

reserved and occupancy levels
of around 50 per cent.

“We are pretty full when you
consider that we are only oper-
ating with a wing and a half of
our hotel, while we are under
renovations for the rest of the



-eall 1 356-6982

INSURANCE



| ATLANTIS IS ‘full for the ECG)

resort,” Ms Miller said.

The prospect of a strong
Christmas and Thanksgiving
season should come as a relief



The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the

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

POSITION AVAILABLE

AGENTS

Share your news

area or have won an award.

BROKI

2 A
SSH aa SSSA)



to hotels and tourism officials
following almost double digit
declines in tourist arrivals earli-
er this year.












fio. OUP ony Lok



A brokers & agency company [an affiliate of a large established compa
Supervisor. The ideal candidate musinbedetaidtinatentedith excellent
interpersonal and commun ‘het ati lskiylts. work withsiomitedasfiaetr-paced

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Responsibilities:

e Receive and submit for processiHomappisunénoas([fipoperty] and other ing
e Liaise with sub-agents on all application issues

e Maintenance of database
¢ Liaise with Underwriters and desapvtmenfertacensure accurate applicatig
¢ Generate monthly reports on issued contracts
e Reconciliation of premiums

e Prepare and issue completed quotes
e Handling Internal and External client queries
e Supervise Administrative support for all

Core Competencies:
e Ability to work

with limited supervision
e Excellent oral and written communication
e Ability to resolve problems with a sense

e Demonstrate a keen eye for details
e Ability to work under pressure

e Strong interpersonal skills ara leoinddrtyoum meliattiamship with co-worker

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e Reliable,

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| Required Qualifications:

e Bachelors Degree in Business Adhmireth tiiectlicbrowiequei valent work experienk

e 3+ years experience in a similar position

e Excellent computer slfibienaydiprExcel required
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Submit Resume to Human Resources Administrator, P.O. Box N-4815, Nassau
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NLA DR Ho MR MICE ts TTY ti AMBALA








THURSDAY, NOVEMBER 22, 2007, PAGE 3B

BSI OVERSEAS (BAHAMAS) LIMITED

BSI Overseas (Bahamas) Limited, Nassau, Bahamas, an established international
private bank, with its headquarters in Lugano, Switzerland, is presently accepting
applications for

HEAD RISK MANAGEMENT

Applicants for the position of Head Risk Management must have banking or
financial degree and at least 10 years of experience in the offshore banking sector,
fluency in Italian, French and knowledge of German, proven leadership and
management experience, ability to partner with team members, and have thorough
knowledge of local legislation, regulatory & statutory matters as well as inter national
banking practices.

PERSONAL QUALITIES :-

Excellent organizational, communication and computer skills
Positive attitude and outlook

Problem-solving skills

Financial and analytical background

Ability to coach and have mentoring skills

Commitment to quality and service excellence

RESPONSIBILITIES :-

- Ability to partner with other managers for the development and implementation
of Risk Management strategies and practices

- Supervision and monitoring of the credit exposure

- Supervision of credit department: review loan proposals/reports for fee quality
and credit policy compliance

- Liaise and network at group level and with external professionals on matters
related to the position

- Responsibility for Central Filing, Credits, Compliance & Internal Controls
units

- Supervision of the outgoing reports to regulatory bodies and to group internal
entities

Interested persons with such qualifications should submit their resume/curriculum
vitae to :-

Human Resources Manager
BSI Overseas (Bahamas) Limited
Bayside Executive Park, W. Bay St. & Blake Road
P. O. Box N-7130
Nassau, Bahamas
Fax no. (242) 702 1253 or email: julie.benjamin@bsiob.com

(ABSOLUTELY NO PHONE CALLS PLEASE)
Only applicants having the above attributes will be contacted.

DREAM OF
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A REALITY

ARA\

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We have deliverad more honves te]
PAGE 4B, THURSDAY, NOVEMBER 22, 2007 THE TRIBUNE

ree ae es
MARINE STORE

LOOKING FOR

Experience Counter

Future EU exports to ‘benefit

Sales Person; m@ By NEIL HARTNELL country African, Caribbean assurance previously that he ing duty-
, Su Tribune Business Editor = and Pacific (ACP) group was — would work in the best inter- free market
must be computer literate and have good —_~ also seeking feedback from the _ ests of the fisheries industry, access to
comes Ae CURRENT and future EU, and to hear latest devel- and that message was givenat European
Tre bee) relations Bahamian exports to the Euro- opments on the crafting and _ the outset.” ‘ ae for
pean Union (EU) will “benefit shaping of the final EPA The EPA negotiations are t heir
PLEASE FAX RESUME TO 394-3885 tremendously” if this nation agreement text. very fluid at the moment, and __ exports.
can sign a ‘goods-only’ Eco- Mr Simon said that among _ nothing is set instone. While it © Yet the
nomic Partnership Agreement the key issues for the Bahamas __is now looking less likely that Cotonou
PRIVATE MEDICAL LABORATORY (EPA), the Chamber of Com- was “whether a goods-only an agreement between CARI- Agreement
. merce’s executive director offer will suffice, and the FORUMandthe EUmaybe run s
seeking telling The Tribune yesterday approach taken to services in concluded by year-end,dueto against |
CERTIFIED MEDICAL TECHNOLOGIST that the private sector was now the future”. differences over sugar, market World [RRS

Part-Time (3p.m. - 6 p.m. - Mon-Fri)

e At least 2 years experience,

¢ Professionally motivated

!}e Salary commensurate with experience
PHLEBOTOMIST

Full-Time (7:30a.m.-3:30p.m.)

including Saturdays

¢ Well trained

¢ Board Certified or Eligible



awaiting the outcome of sev-
eral meetings critical to the
future direction of EPA talks.

Philip Simon said the private
sector, and by extension the
Government and the entire
country, were now waiting on
the outcome of discussions
held on the EPA at the Com-
monwealth Heads of Govern-
ment meeting in Uganda,
which is being attended by
Prime Minister Hubert Ingra-
ham.

In addition, the entire 77-

a





Estat
Poste)

UCAS CCMA COUT UCaGn co CUS a Aeceeeae te

Also taking hope from the
fact that the Bahamas was
looking to sign a goods-only
EPA with the EU was Antho-
ny McKinney, head of fisheries
wholesaler and retailer Par-
adise Fisheries.

He told The Tribune: “I
think we’re very encouraged
by that, if that’s what they’re
[the Government] going to do.
We in the industry are very
encouraged by what the Gov-
ernment is doing.

“The Minister did give us his




pay fi
iy we



access and tariff liberalisation,
the discussions are still mov-
ing forward.

Dr Richard Bernal, head of
the CARICOM Regional
Negotiating | Machinery
(CRNM), has said the region
will not sacrifice the EPA’s
quality just to ensure the year-
end deadline is met. The
CRNM is now awaiting a
renewed mandate from region-
al government heads and trade
ministers on the way forward.

The EPA agreement is sup-
posed to be signed with the
EU by December 31, 2007. It
will replace the Cotonou
Agreement, a one-way trade
preferences regime that bene-
fited the Bahamas and the
Caribbean in terms of provid-

Trade
Organisa-
tion (WTO) rules, which call
for reciprocity or trade prefer-
ences that flow to both parties
in a trade agreement, and the
EU is not going to seek a
WTO waiver for that agree-
ment’s continuation.
Therefore, and with the
Bahamas unable to access the
EU’s General System of Pref-
erences (GSP) because it is
classified as a developed
nation, this nation’s exporters
to Europe - chiefly the fish-
eries industry, Bacardi’s rum
products (for one final year),
and Polymers International -
would likely lose their duty-
free market access to the EU if
the Bahamas did not sign on



1

Legal Notice

NOTICE
CRISTOBALS.A.

(In voluntary Liquidation)

Tee RL aed

Notice is hereby given that in accordance
with section 137 (8) of the International Busi-
ness Companies Act 2000, the dissolution of
Cristobal S.A. has been completed and the
Company has been struck off the Regis-
ter with effect from November 6th, 2007.

: :
Bernadette L. Bain & Co.
is now located at Columbus House
East & Shirley Streets,
P.O. Box EE-16595,

Nassau, Bahamas
Tel/Fax: 242-328-5701

Email: bainbernie@yahoo.com

BERNADETTE.L. BAIN
R.N., R.M. PH.N., B.Sc.,
~ LLB (Hons) L.E.C.

BERNADETTE L. BAIN
‘COUNSEL & ATORNEY, Notary Public
Civil -Medical Law Consultant



The American Embassy is presently considering applications for the following
position:

AIR CONDITIONING TECHNICIAN

Serves as the Air Conditioning Technician and is responsible for a variety of

functions including plumbing, electrical and welding maintenance, repair,
diagnosis, installation and testing of a variety of industrial and commercial
grade air conditioning systems.

This position ts open to candidates with the following qualifications:
- A minimum of two years vocational training resulting in a certificate as an A/C

refrigeration technician and one year of vocational training and certificate in
electrical craft skills.

- Two years as an Air Conditioning Technician and a minimum of one year

apprentice level or the equivalent in electrical maintenance and/or installation
required.

- Must have a familiarity with National Electric, or Canadian Electric codes
and NFPA guidelines for A/C required.

Must be able to read and comprehend blue prints and have knowledge of

material safety data sheets and books.

Must have a valid Bahamian driver’s license and the ability to drive a
passenger vchicles and forklift, stake body and pickup trucks with manual and
automatic transmissions.

BENEFITS PROVIDED INCLUDE:

candidate will be offered an excellent compensation
package including performance-based incentives, medical and dental insurance,
life insurance, pension and opportunities for training and development.

The stuccessh

Applicants must be Bahamian citizens or U.S. citizens who are eligible for
employment under Bahamian laws and regulations.

Applicauions forms are available from 8:00a.m. to 5:00p.m.. Monday through
Friday at security area of the American Embassy, Queen Strect. Completed
applicaions should be returned to the Embassy: addressed to the Human
Resources Office no later than Thursday, November 29, 2007

Alain Kunz
(Liquidator)



TEACHERS REAL ESTATE HOLDINGS LIMITED

NOTICE OF ANNUAL
MEETING TO SHAREHOLDERS

TIME & DATE:
PLACE:

ITEMS OF BUSINESS:

RECORD DATE:

FINANCIAL STATEMENTS:

MAILING DATE:

be

PROXY VOTING:

October 9, 2007

Friday, December 7, 2007 at 6:00pm

Teachers & Salaried Workers Co-operative Credit Union
Head Office, East Street & Independence Drive.

(1) To announce the results of the examination of proxies;
declare a quorum present and proceed to business;

(2) To receive and approve the Minutes of the last Annual
General Meeting held on December 8, 2006.

(3) To receive and consider the Chairman’s report;

(4) To receive and approve the financial statements and
the reports of the Directors and Auditors thereon,

(5) To elect Directors for the ensuing year and fix their
remuneration;

(6) To approve the appointment of Deloitte & Touche as
the Auditor of the Company, and authorise the Directors
to fix their remuneration; and

(7) ‘To transact such other business as may properly come
* ‘ . 7 ~
before the meeting and any adjournment thereof.

Holders of 400,000 shares of record at the close of business
on October 25, 2007 are entitled to vote at the meeting.

The Company’s audited financial statements are included
in the Company’s 2006 annual report, which is enclosed
as part of the proxy soliciting material.

The Company will cause the accompanying materials to
delivered on November 8, 2007 to the last registered
address.

It is important that your shares be represented and voted
at the meeting. You can vote your shares by appearing in
person or by completing and returning the proxy form
enclosed. You can revoke a proxy at any time prior to its
exercise at the meeting by following the instructions in
the accompanying proxy statement.

By order of the Board of Directors:

Mrs Cheryl Bowe-Moss
Secretary


ee eee

THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 5B



tremendously’ from goods-only EPA

to the EPA by December 31,
2007.

If the Bahamas was able to
sign a ‘goods-only” EPA with
the EU, and exclude its ser-
vices industries, Which account
for the majority of economic
activity, Mr Simon. said:
“There’s obviously tremendous
benefits to the fishing indus-
try, tremendous benefits to the
chemicals industry, and the
development of future prod-
ucts\ for export from the
Bahamas to the EU.

“We are happy to protect
what we have. Phat was what
the fight was - to protect what
we have as much as possible.
But we have to understand
that in the age of reciprocity,
we have to give something in
return.”

In the case of the Bahamas,
Mr Simon the “trade-off” to
preserve duty-free market
access for this nation’s

exporters was to give up some
$10-$14 million in import and
stamp duty revenues earned
from EU-originated imports
per year.

This was seen as helping to

The Tribune wants to hear
from people who are
making news in their
neighbourhoods. Perhaps
you are raising funds for a
good cause, campaigning
for improvements in the
area or have won an
award.

If so, call us on 322-1986

Rand share your story.



maintain the Bahamas’
favourable $20 million net pos-
itive trade balance with the
EU, this nation having export-
ed $66 million worth of prod-
ucts in 2004 and imported just
over $44 million. Many EU
imports are allowed to enter
the Bahamas duty-free, given
that they are used in the tourist
industry.

The consequences of not
preserving duty-free market
access for Bahamian exports
could be severe. Polymers
International has warned that
it will put plans to expand the
capacity of its Freeport plant
by 20 per cent “on hold” if the
Bahamas does not sign the
EPA, fearing that it stands to
lose 8-10 per cent of sales if it
loses duty-free market access
to the UK.

A Ministry of Foreign
Affairs briefing note submit-
ted to the former PLP Cabi-
net said that apart from the

direct impact on Polymers
International, which employs
88 persons and 10-20 contrac-
tors, loss of its EU duty free
market access might also
impact Freeport Container
Port and the Grand Bahama
Power Company, the latter of
which generates 10 per cent of
its revenues from Polymers.
Apart from Polymers Inter-
national, the other major
export industries that would
be negatively impacted if the

. Bahamas did not sign on to the

EPA would be _ the
seafoods/fishing industry,
which sends $60 million in
exports per annum to the EU,
and Bacardi’s rum exports.
Although Bacardi is closing its
Bahamas-based operations by
2009, it still has “hundreds of
thousands of gallons of rum
products” that it can still
export to the EU throughout
2008.

All would be faced with







” a F
“











NOTICE

Mrs. Carol D. Misiewicz
(Munnings)

is pleased to announce
the opening of her law chambers

VUSMCUMC |
COMINSEL ANTY ATTORNEY- AB LAW

JOTARY PUBLICS
Suite No. 7 Grosvenor Close
Grosvenor Close and Shirley Street

P.O. Box SS-5467
Nassau, Bahamas

Tel. 328-0396 Fax. 328-1388
www.misiewiczlaw.com
E-mail: carol.misiewicz@ gmail.com










a
Naw” F :















Behold the

Most Favoured Nation (MEN)
tariffs being imposed on their
goods, raising their prices and
making them uncompetitive,
resulting in a loss of market
share, revenue and profits.

However, Mr Simon said the
Bahamian private sector had
been “encouraged” by the
Government’s approach on
becoming involved in the EPA
talks and consulting it.

“We're certainly encouraged
by the approach and engage-
ment that the Government is
giving to the involvement of
the private sector in these dis-
cussions,” Mr Simon said.

“There has been a move to
engage, because it’s the private
sector that trades, not the
Government, although the
Government plays a vital role
in this area. We are seeking to
be involved in the discussions
at the highest level, where rel-
evant and appropriate, and to
represent our members.”

“The Graduate Project
Management Certification”

NOTICE

The following practices located at #36 Collins
Avenue, Nassau, will be closed permanently on 22
February, 2008, at the latest:

° KENNETH W. KNOWLES, M.D.
* BAHAMAS OPTICAL CENTRE, LTD.

Patients who wish to obtain records are asked to
mail a written request, containing clear patient 1D
information etc., to Box N-8322, Nassau. Following
that, specific arrangements may then be made by
telephone at 325-4754, 322-4940. Regretfully, no
further letters can be written.

DETECT
Per ey
Project
Manager

American Acadamy of
Project Management

Certified International |
Project Management Course

A PMP

Beginning Date:

& IAPM Course Inclusive.

Tuesday, January 8, 2008
AND
Saturday, January 12, 2008

Total Price: $1390 (including all materials & fees)

Course Length:

Time of Class:

10 Wks or 10 Saturdays

Tues & Thurs from 6pm-8pm
OR

Saturdays from 9am-1pm it

Contact:

Candice Albury

Lignum Technologies (Bahamas) Ltd.

Ph: 393-2164 Fax:394-4971
Email:candice@lignumtech.com

YOUR CONNECTION: TO THE WORLD

The Bahamas Telecommunications Company, Limited (BTC)

GOVERNMENT NOTICE

Invitation for Proposals

The Bahamas Telecommunications Company Limited (BTC) is soliciting proposals
from qualified businesses to become mobile content aggregators and/or local content
providers for BTC. Mobile content is any media that can be viewed via mobile
phones.

BTC is preparing to launch mobile content services in the Bahamas. The initial
launch of mobile content services by BTC will include ringtones, logos, graphics
and games. BTC is looking for a partner/partners to deliver and host rich mobile
content to BTC GSM end users, the proposed mobile content service solution should
be inclusive of the following:

The respondent must provided a hosted solution which allows mobile content

from third parties to be delivered to BTC customers. Please also note that BTC

x

does not wish to purchase a content management platform and the respondent
must be able to host the content WAP portal and provide content management

services.

The solution should be a turnkey project with technical implementation conducted

by the respondent.

The proposed business model of the mobile content delivery and hosting solution
should be revenue share to minimize capital expenditure for BTC.
BTC will require the selected partner(s) to provide local mobile content designed
for the US and the Caribbean. Therefore, a presence in the aforementioned areas

cna

Ce TE

,
a:
i

i





cas :

Win a “Magic Minute” at any Royal Bank or RBC
FINCO ATM in New Providence or the Family Islands.
Enter RBC’s “AbraCARDAbra’” Client Card contest
between now and November 30th, 2007 and get a
chance to win up to $1500! The more you use your
card, the more chances you have to win!

is recommended.
¢ Technical Training and Marketing co-branding will also be required

All other delivery and hosting needs must be optimized for BTC according to the
information and instructions outlined in the proposal. Interested parties may obtain
further information, including eligibility to participate as of Monday, November 5,
2007 from the BTC Public Relations Department, John F Kennedy (JFK) Drive,
Nassau, Bahamas.

Any queries should be directed to Ms. Eldri Ferguson at (242) 324-9900 or

Make long lines disappear!
eferguson(@btcbahamas.com.

All you need is an RBC Client Card. Make cash with-
drawals, transfer funds, pay bills and more. Enjoy
the 24-hour convenience of banking when it suits
you best. No need to wait in line!

Please respond to this RFP by no later than 4:00 p.m., Monday, December 3 rd

2007, addressed to:
Mr. Leon Williams
President & CEO
The Bahamas Telecommunications Company Limited
P. O. Box N-3048
John F. Kennedy Drive
Nassau, Bahamas

Mite Woes Proposals will be opened at 12:00 noon,
Seta yp Tuesday, December 4 12007 at BTC, JFK Drive.
of Canada

. RBC HELPING YOU SUCCEED
es Choy EEL cence Ue yc. LE 1s
fer MRLs ROT ag aon Sita be ad AE ip ZA : 7
oe ens BTC reserves the right to reject any or all proposals.


THE TRIBUNE

PAGE 6B, THURSDAY, NOVEMBER 22, 2007

INVESTMENT OPPORTUNITY

November 22nd, 2007

Wy C HI Ss aa a a : Mateo) Lal

(Lot No. 62, Lower Bogue) ELEUTHERA

a = All that piece parcel or lot of land and improvements, in the settlement of Lower Bogue, North pieuthiee: being

| No. 62, comprising of about 34,210 sq. ft., this site encompasses a 12 year old single storney home comprising
of 4 bedrooms, 3 bathrooms, front room, dining, breakfast room, kitchen and laundry room, with a total living area
of approximately 2,342.06. Property also includes a double car garage, and front entrance with a total sq. ft. of
approximately 655.75. This home is approximately 85% completed: The property is well landscaped with crab
grass, fiascos and some fruit trees.








Appraisal: $235,638.00

This property is situated on the western side of Eleuthera Highway in the settlement of Lower Bogue.



KENNEDY SUBDIVISION (NASSAU)

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

Appraisal: $188,406.00



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



‘Investment Opportunity Must Sell Lot No. 217 Pinewood Gardens Subdivision

All that lot of land having an area of 5,000 sq ft, being Lot No. 217 of the Subdivision known as Pinewood Gardens, the said subdivision situated in
the Southern District of New Providence Bahamas. Located on this property is a structure comprising of an approximately 20 yr old single family
residence consisting of 992 sq. ft of enclosed living space with 3-bedrooms, 1-bathroom, living/dining rooms, kitchen, drive way and walk way. The
land is on a grade and level and appears to be sufficiently elevated to disallow the possibility of flooding. The grounds are fairly kept and yard | is
open.

Appraisal: $127,988.00
Traveling south on East Street to the junction of Soldier Road, make a left at the light then turn right into Kennedy Subdivision, go all the way to T-
junction, turn right then first left then right again toward Mount Tabor Church building, after passing Mount Tabor take first left (sapodilla blvd), the
subject house is about 400 yards on the right painted yellow trimmed green, with green and white door.





LOT NO. #7, BOILING
HOLE SUBDIVISION

All that piece parcel or lot of land
ge and inprovements situated on the

Lot No. 130, St. Andrews
Beach Estates



D> repre rt rte




geen ISland of Eleuthera, North of
Governor’s Harbour, comprising of
Lot No. 7 in the Boiling Hole
" —¥ ~ ~ Subdivision and comprising of
approximately 10,000 sq. ft., this site encompasses a 17 years old duplex with
each unit consisting of 2- bedrooms; 1 bathroom, frontroom, diningroom and
kitchen with a gross floor area of approximately 1,474.20 sq. ft. and covered
porch area of approximately 164.70 sq. ft. this duplex was built in accordance
with the plan and specification as approved, and at a standard that was
acceptable to the Ministry Of Public Works. This structure is in good condition.

Each apartment could be rented at $800.00 per month. The land is landscaped
and planted with ficus trees, but needs some manicuring.



All that lot of land having an area of 8,100
sq ft, being lot no. 130, of the subdivision
known and designated as st. andrews beach
estates, the said subdivision situated in
the eastern district of New Providence,
Bahamas. located on the subject property
is a structure comprising of anapproximately |2yr old duplex apartment consisting of
approximately 2,072 sq. ft. of enclosed living space which includes one 3-bedroom
l-bath, living, dining rooms, kitchen and utility room, and one 2-bedrooms, |-bath,
living/dining rooms and kitchen. the land is on a grade and level; however the site
appears to be sufficiently elevated to disallow the possibility of flooding during annual
heavy rainy periods of the year. The grounds are fairly kept; the yard is enclosed with
chained linked fencing at the sides and back with gated access on both sides of the
property. The front lawn section is not enclosed.

APPRAISAL: $153,521.00 Appraisal: $245,237.00

Traveling east on yamacraw hill road take the third corner right. with sign for st andrews beach
estates, then take first left, then first right, the subject property is the 2nd property on the-left side
painted beige trimmed orange.

LOT NO. 1490 GOLDEN GATES SECTION 2

All that lot of land having an area of 6,000 sq. ft. being lot no. 1490 of the subdivision known and designated
=| as Golden Gates, the said subdivision situated in the southwestern district of New Providence, bahamas.
This property is comprised of a 25 yer old single family residence consisting of approximately 2,480 sq.
ft. of enclosed living space with three bedrooms, three bathrooms, living, dining rooms and kitchen.
The land is on a grade and level, however the site appears to be sufficiently elevated to disallow the
posibility of flooding during annual heavy rainy periods of the year. The grounds are fairly kept, ith
improvements including driveway, walkway and low shrubs. Yard is enclosed on one side wth a 5 foot chain linked fencing and a low cement block wall to the front.

Appraisal: $162,400.00

Traveling west on Carmichael Road turn left then right onto the service road oppdsite Bahamas Faith Ministries Complex, then first left again after passing clico and
pre-school. The subject house is the 6th house left painted green trimmed white.

w VACANT PROPERTIES

: Rainbow Subdivision Lot No. 3, Block 27 .
All that vacant lot of land having an: narea’ aot approximately 14,052.59 sq. ft. being lot no. 3, block 27, section b, of Rainbow Subdivision with residential zoning. This property is bounded about
103.44 ft north by Queens Highway, and 137.02 ft. East and about 99.94, ft south of Rainbow Hill Gircle. 139.91 ft West. All utilities and services available.

‘Appraisal: $37, 440.00





BLACKWOOD, ABACO
All that lot of land having an area of approximately 258,064 sq. ft. This property is yet to reach its highest and best use. It is ideally suited to single or multi- -family development as is the nature of
surrounding properties within the community. The site may also serve well as a commercial site as the area remains un-zoned the property remains largely in its original state. It is covered with low
brush - oe leaf coppice vegetation intersperse with broad strands of mature Yellow Pine indigenous to the area. The property is well drained and represents no immediate flooding danger under
normal conditions.

APPRAISAL: $219,354.40
The subject property is vacant and is situated at the Southeastern oan of the Community of Blackwood, Abaco. The property is undivided and comprises approximately 6 acres of a larger tract
of land of approximately 26 acres.



NORTH ELEUTHERA HEIGHTS (ELEUTHERA)
Lot #20 approximately 11,200 sq; ft:, and bounded on North by Early Settler Drive and South by Deal Investment Ltd., this is a single family zoning and 50 ft., above sea level. This site encompasses
a foundation with plumbing and roughing inplace and well compacked quarry fill. The concrete floor has not been poured as yet. The foundation is 2,511 sq. ft. Lot #20 situated 1.5 miles east wardly
of the Bluff Settlement. The said lot is vacant and a hill over looking the Atlantic Ocean. Appraisal: $41,275.00

For conditions of sale and other information contact

Philip White @ 502-3077 email philip.white@scotiabank.com or Harry Collie @ 502-3034 ¢ email harry.collie@scotiabank.com ¢ Fax 356-3851
To view properties go to: www.stopnshopbahamas.com - Click on “Real Estate Mall” - Click on doorway “Enter Online Store”


oe OK

nse ON pa gags Pine,



|| SANDYPORT



THE TRIBUNE



NEW PROVIDENCE

LOT No. 21B FRASER ALLOTMENT
OFF SOLDIER ROAD

ee $258,000.00

The subject property
_con-sisting of 8,400
.) square feet is
‘ developed with a
split leveled home
with 1925 square
: feet of floor area on
the ground floor, a
porch area of 437
square feet and
; second floor area of
735 square feet. The

SREP oe

| building is of sound construction and completed in its entirety. The
| ground floor comprises 2 bedrooms, one bath, a kitchen, dining and
family room. The second floor comprises two bedrooms, one bath, living

and dining areas.

Directions to property: Heading East on Soldier, turn left onto first paved
road opposite Lowes Wholesale, 2nd to last house on the road with
chain linked fence.

Appraisal: $300,000.00

All that lot of land having an area of 9,626 square feet, being lot number 40,
of the subdivision known as SandyPort, situate in the Western District of
|| New Providence. The property is irregular in shape, is on a level grade and
zoned as single family residential. An electrical connection outlet is located

near the property. The property is located on Sandy Port Drive just on the
bend before Governor’s Cay on the Southern Side of the road.



No. 17 WESTRIDGE ESTATES Appraisal: $930,000.00

All that lot of land having an
area of 30000 square feet,
being lot Number 17 of the
subdivision known as
Westridge Estates Addition.
Situate in the Western District

on the island of New
Providence.

Located on the = subject
property is a newly
constructed single story

structure comprising 6,000
feet of living space with a
three Car Garage.

The building is 75% completed and comprises five bedrooms, four and a
half baths study, living/dining, family room, kitchen, laundry and
generator room.

Location: From SuperValue West Bay, take the road heading west into
Westridge, take the first corner on the Right, Westridge Drive. Subject
property will be about the seventh on the right hand side of the road.

SSOSCOHSLSSTHSHESHT HS SCHSHVOHUSOeE



FREEPORT

FAIRWAY MANOR CONDOMINIUM Appraisal: $73,000.00



Apartment 402, 2 bedrooms, 2 bathrooms.
Lot 4, Block GN, Edward Birch Curt, Bahamian North

|| LOT No. 20, BLOCK 1, UNIT 3

FORTUNE POINT SUBDIVISION = Appraisal: $38,000.00

|| All that lot of vacant land having an area of 12,650 sq. ft. being lot No.

20, Block 1 Unit 3 of the Subdivision known and designated as Fortune
Point Subdivision, Freeport, Grand Bahama. Duplex property zoning with
a rectangle shape.

LINCOLN GREEN, CANEBY CLOSE Appraisal: $38,500.00

Unit 5, Block 17, Lot #48 — Single family residence, Clearwater Close.
‘Located on fresh water canal. Approximately 17,404 sq. ft.







THURSDAY, NOVEMBER 21, 2007, PAGE 7B

NVESTMENT OPPORTUNITY

FAMILY ISLANDS

ABACO Appraisal: $108,000.00

PORTION OF MURPHY TOWN CROWN
ALLOTMENT, mene TOM: ABACO.

The property i: is 89 x 100 ft
and rectangular in shape.
The tand is elevated
approximately 15 ft above
road level and
approximately 25 ft above
sea level. Located on this
property is a twenty-year-
old three hedroom, two
living, dining,

kitchen and laundry room house. The structure requires much
attention.








SHREOHEHOTSSEHSORSEEREDHEDOHHEOREDED

EXUMA

DUPLEX IN LOT 6625

BAHAMA SOUND No. 8, EAST, EXUMA

Trapezium shaped lot 35
ft. above sea_ level
comprising 10,000 sq. ft.
Situated thereon is a 10-
year-old single storey
duplex, 2 bed, 1 bath,
kitchen, living/dining
area and porch.
(Building is in need of
repairs}.

Appraisal: $170,000.00



SHOSCRSSCHESOSESOHSOHESOOEROHBOEROOE

EXUMA Appraisal: $673,075.00

CASTELRAG ESTATES, LOTS 129 & 130
EXUMA HARBOUR SUBDIVISION






“The ‘subject property is located
on Kingway Road and is
' developed with an area of
/ 20,000 square feet. Situated
thereon is a residence
comprised of 3,645 square feet
~< of living accommodations,
. inclusive of 4 bedrooms, 2
“ baths, with laundry and utility
- spaces and a two bedroom one
bath guest cottage of 600

NX \\ square feet. The property is
iénbed with white picket ieee ana has a Gazebo at the highest portion
of the property.








S SS S S “
ee &

Wa

PARCEL OF LAND, PALMETTO POINT.
ELEUTHERA Appraisal: $112,105.00

All that piece, parcel or lot of land 2,743 feet East of the junction of the
Palmetto Point road and main Eleuthera Highway containing 2.45 acres.
This site encompasses a 28-year-old single storey concrete structure of
approximately 832 square feet of enclosed floor space inclusive of shop
space and rest room facilities.


















“Enter Online =





a, Pon iiei ce Py SALE AND ANY OTHER INFORMATION CONTACT:
HARRY COLLIE @ 502-3034
E-mail harry.collie@scotiabank.com

or



PHILIP WHITE @ 502-3077
re philipwhite@scotiabank.com

Fax: 356- erty - send bids ie) P. O. Box N-7518 eT AT Street, ies helt Laat


PAGE 8B, THURSDAY, NOVEMBER 22, 2007












SAS ARE ASE RSE SS & eae s:
* (“Your Bahamian Supermarkets’ LIBBY'S . : i

WHOLE KERN!

CORN is

Ir
SLICED i
BEETS ..

QUALITY RIGHTS AND PRICES RESERVED





MUELLER'S
READY CUT

ACARON

WESSON
VEGETABLE

OIL















SHURFINE

LEMON






HELLMANN’S
REGULARILITE

MAYONNAISE



QUAKER QUICK

GRITS

5 Ibs.










PAR-EXCELLENCE
PARBOILED

RICE





HUNT'S -

KETCHUP






Grandma, 12 oz. Bruce, 15 oz.

Molasses............... $3.59 Cut Yame...............- $1.39











































Shurfine, 16 oz. Sunmald, 10 oz
Cranberry Sauce...$1.39 Zante Currants...... $3.49
- “= Shurfine, 10 oz.
fig! Shurfine, 7.25 oz. Red Cherries............ $2.69 -
7 Macaroni & Sunmald 15 Oz. HS
Cheese...............05 2/99¢ , i
= Raisins cswabienck cunneuds $3.59 —
MARTINELLI Gatorade, 2002......$1-29 |
SPARKLI NG Gatorade case)’ oO Foll...... patentee pede ynees $1 .09
Varlety Pak..........0008: Dixie Crystal Dark Brown, 16 oz
Lays, 8 oz. Chips Sugar duixdennaeeune ee Teese te 99¢




























Dole, 146 oz. Libby’s, 15 oz.
| Pineapple Julce......$2.09 Pumpkin Ple MIX. .$1.89 ‘i
Royal Dansk, 12 oz. 2. Bluebird Orange, Apple, 4 |
Cookles..............5. $4.49 Pink Grapefrult, “a
oO $ 16 7 Frult Punch, 11.5 oz. 1s
De ac JulceS..........0.08 2/$1.39









TM Sd Cranberry Sauce...$1.99

CAKE MIXES

And

FROSTINGS



KEEBLER Md WAL
TOWN HOUSE |

MACARONI as|
Herr eeey (CRACKERS













SLICED/CRUSHED/
CHUNK

PINEAPPLES




Reg./Reduce Fa
15 oz.























cs SUNCHY BORDEN'S _ LIBBY'Ss
(MALT TONIC|@<(cayelca/ “CORN —
3 42 oz. ft

$499 BEETS




ene SAVE | SAVE $1.00 | | SAVE $1.00 | 3 Wai
FIRST CHOICE VALU-TIME GENERIC AIR WICK

FOAM AIR FRESHENE!
re evi) CLEACH

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REDI BASTED —
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THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 9B



No revenue losses shown
yet from Freeport’s bond

FROM page one

bonded goods regime could be
“in compliance with the law
while not disrupting business
flows in Freeport”.

He added: “The report that
was produced by the Chamber
was part and parcel of these dis-
cussions, and we’re now revicw-
ing their recommendations to
see the extent to which we can
move forward.”

Mr Laing described finding a

solution to the over-the-counter
bonded goods regime as “very
important”.

He said: “We want to ensure
that Freeport is able to maximise
the benefits that flow from the
Hawksbill Creek Agreement,
but at the same time we want to
be certain that the lawful enti-
tlement to the Government, so
far as revenue is concerned, is
certainly protected.

“It’s important from the fis-
cal stability point of view, and
to ensure that Freeport is pro-

Baker's Bap

GOLF G@ OCEAN CLUB

Great Guana Cay, Abaco
The Bahamas

EMPLOYMENT OPPORTUNITY

You are invited to apply for the following position currently available,

Key Responsibilities

Y Establish culinary standard

“Brcoutve Chef

|

Create menus and recipes for high-end and casual dining to include

international and Bahamian cuisine

Maintain food safety standard
Recruit and train culinary team

Manage and develop culinary team

Control food cost

Determine market list and vendors

Design special events
Qualifications

Y Bachelor's degree in Culinary Arts or related subject: professional

certifications

Vv Minimum ten (10) years experience at a five-star club, resort or restaurant
with at least three (3) years international or off-shore experience.

Â¥ Must be innovative, demonstrate strong leadership and culinary skills,
must be able to train others and execute ideas and standards.

The successful candidate will have the opportunity to work in a growing and
dynamic organization and must be a self-starter, team player, work at the highest
standards of performance, and meet deadlines.

If you are progressive and prepared to advance your career, submit your resume
to the attention of the Director of HR & Training, sbowe@bakersbayelub.com or

by fax at 242-367-0804.



“Becoming the Employer of Choice in The Bahamas!” | |.



vided with needed public goods
and services.

“We necd to strike that deli-
cate balance between ensuring
the Government collects all the
revenue due to it, and ensuring
Freeport benefits from the ben-
efits granted to it under the
Hawksbill Creek Agreement.”

Mr Laing said the Govern-
ment was not taking a “combat-
ive approach”, but instead taking
the views of all interested parties
into account so that they would
reach “a consensus to ensure the
law is complied with, and the
business community in Freeport
flourishes”.

The minister said “consides-
able” thought seemed to have
gone into the Chamber report,
and it provided a basis for dis-
cussions going forward.

On the display of bonded
goods in retail stores, Mr Laing
said that while some in the
Freeport and Grand Bahama
business community saw “cer-
tain business and economic
advantages” in this practice, the
Government wanted to ensure
this did not violate the law.

He added that the Hawksbill
Creek Agreement was “sup-
posed to allow for the protec-
tion of government revenue”.

“The Government's key issue
is the protection of its revenue,”
Mr Laing said. “When we look
at the way bonded goods are
treated, we want to ensure
they’re not causing any injury to
government revenues. That's the
critical issue for us, and what
we're trying to protect way of
these discussions we’re having.”

When asked whether the
Government and Customs
Department felt they were losing
revenues as a result of the over-
the-counter bonded goods prac-
tices, Mr Laing replied: “There's
nothing at the moment that sug-
gests that.

“Our assessments do not ref-
erence any concerns on that.......
but we have to be vigilant in
watching it. We know sooner or
later if there is any adverse
impact, but there is nothing that
concerns us at this moment.

“But the potential is there.
which is why we are paving this
kind of attention to it now,
because we don’t want that to
be realised.”

LADY SA Rone COMEORT ER SETS
ANCHOR HOCKING BAKING DISHES

Scream

2 aah ana ONE


PAGE 10B, THURSDAY, NOVEMBER 22, 2007

'

THE TRIBUNE



ea aa gS TO EC cele |
Third Judicial Review set to launch ‘very shortly’ over Guana Cay

FROM page one

the Association’s requests for
details on meetings and when
permit applications related to
Baker's Bay would come up.
An October 17, 2007, letter
from Association president
Troy Albury to the Hope Town
District Council said notice was
given the previous day on Gua-
na Cay that permit applications
by Baker’s Bay would come up
at the next council meeting.
Yet he added: “We have not
been given a chance to review
the plans, and this notice was

replaced with October 18.

“We wish to have an oppor-
tunity to review the plans and
have our experts review the
plans in order to determine if
we have any objections.”

Mr Albury also complained
that the developers had begun
housing and subdivision con-
struction without having com-
pleted all the infrastructure to
support these facilities, alleging
that this was not in compliance
with Baker’s Bay’s subdivision

by the developers.

Mr Albury wrote: “As with
all permit applications before
your council in reference to this
development, we again object
to these permit applications or
the following reasons.

“According to the subdivision
licence issued to the develop-
ers, no construction should
commence until all infrastruc-
ture for the subdivision is in
place. This includes sewerage
treatment plant, water, elec-

JOB OFFERINGS

A leading retailer is seeking the services of:

¢ Accountant
e Internal Audit Clerk

¢ General Accounting Clerks (2)

in dispute. We will need to ver-
ify the ownership of the land......

“We would like to clarify if
these houses are being built
under duty free concessions and
on what basis they are being
denoted to be duty free.”

Dr Livingstone Marshall,
Baker’s Bay’s vice-president of
environmental and community
affairs, yesterday told The. Tri-
bune that when it came to the
conditions of their subdivision
approvals, they could proceed
in one of two ways - wait until
all infrastructure was in place
or obtain a performance bond
to guarantee all the works.

The developers, he added,
had chosen to bond all the
works, enabling them to satisfy
fully the terms of their subdivi-
sion licence and go after subse-
quent permits.

Dr Marshall said the devel-

. opers had leases for all Crown

and Treasury land components
of the project. The only facilities

being constructed on the Trea-
sury land were those that would
serve the whole community,
such as the service pier, water
plant, waste water treatment
plant and back-up power plant.

Dr Marshall added: “Right
now, and for the foreseeable
future, there has been no for
sale products permitted on the
Crown Land or the Treasury
land. We haven’t gone to the
Hope Town District Council

‘and asked for any permits on

this.”

Dr Marshall, though, said the
Baker’s Bay developers had an
option as part of one lease to
conditionally acquire a parcel
of Crown Land, and it was only
after this was executed that they
might look to place real estate
for sale on this land.

Meanwhile, when it came to
the Association’s second judi-
cial review application, which
is challenging permits and
approvals issued to Baker’s Bay

by central government agencies
on the basis that they were not
given through the correct chan-
nels, Mr Smith said the
Supreme Court in Freeport had
set Thursday, November 29,
2007, as the date to hear its
applications for a ‘stop work’
order to be imposed on the pro-
ject.

The court will also hear the
Association’s discovery appli-
cation that day, Mr Smith saying
the group was hopeful the
Supreme Court would shortly
afterwards hear its full judicial
review application.

“There has to be respect for
local rights. The almighty dollar
is not God,” Mr Smith said.

“The fact someone wants to
develop means they should not
be given an omnibus green light,
particularly with Baker’s Bay,
which is overwhelming and has
so many facets to it.”

South Ocean
FROM page one

Requirements:

General:

Candidates must be competent, honest, efficient, of high integrity, proficient

in electronic data entry and possess good oral & written communication skills. trict of California, case number

O07CV 0342 W JMA, against the
Canadian Commercial Workers
Industry Pension Plan (CCWIP),
South Ocean Development Com-
pany (South Ocean), Allen &
Company and certain individuals
for fraud arising out of their con-
duct with respect to prior litiga-
‘tion over certain agreements to
purchase a waterfront hotel prop-
erty, overlooking a golf course
and marina, including a gaming
licence, located on the island of
New Providence, Bahamas.

“The suit alleged that the
defendants made fraudulent mis-
representations intended to
induce Case Financial to rely and
act on these misrepresentations,
and enter into a settlement agree-
ment resolving the prior litiga-
tion.

“The suit also alleged that the
defendants knowingly concealed
facts that would have had a mate-
rial impact on that settlement
agreement.

“On April 24, 2007, the com-
pany dismissed this lawsuit,
because an employee of CCWIPP
refused to release funds owed to
Case Financial, and therefore the
company could not afford to con-
tinue the lawsuit.”

Case Financial alleged that
South Ocean was sold to its cur-
rent buyer, Roger Stein and his
RHS Ventures group, prior to it
agreeing to settle a previous law-
suit filed in the US District Court
for the southern district of Flori-
da on November 9, 2005.

Prior to it agreeing to settle
that lawsuit, Case Financial
alleged that it was told it would
still have an opportunity to pur-
chase the South Ocean resort,
and the property’s continuing
availability was what influenced it
to settle.

A spokesman for CCWIPP at
the time had described Case
Financial’s action as being “with-
out merit”, adding that it would
be “vigorously defended”.

Specific:

Accountant must possess a valid certificate from the A.1.C.P.A. or equivalent
| professional body, a university degree in accounting, bus. admin., or
finance, and at least 3 years experience performing the functions of a
corporate accountant. Must have demonstrated good leadership, supervisory,
accounting and financial statements preparation skills in former engagements.

Internal Audit Clerk must possess an associate degree in any of the aforementioned
disciplines, and at least 2 years experience performing account analyses and
reconciliations, cash and inventory physical counts, and other related functions.

. Coordinator of
Patient Registration

General Accounting Clerks must possess a certificate in general office practices,

high school diploma, and BGCSE in Maths & English (grade C or better). are
Qualifications
¢ Baccalaurate Degree in Business or related studies:

MBA Preterred, MHA a plus:
3-5 years experience at 4 supervisory fevel:
Excellent computer skills (Spread-sheets database
management): Knowledge of ICD-9 & CPT codes perferred:
Excellent computer literacy; ;
Strong communication and interpersonal skills essential.
Ability to consistently manager multiple priorities and
adapt easily ina rapidly changing enviroiment.

Salary and benefits commensurate with level of certification, education,
experience and skills.

Only Bahamians need apply

Send resume to: seekingtalentedbahamians@gmail.com

Position Summary

* Responsible for managing the activities'and Personnel
of the Emergency Room Admissions Customer Service
and Cashier Departments,

Responsibilities include: scheduling aud evaluating
Associates while planning and executing stniegics
related to providing excellent customer service and

approvals. tricity, telephone, roads. This is

ensuring accunite collection of patient information to
Maximize reimbursement,

WAD

Nassau Airpart
Devefaopment Campany

Dircet, administer and coordinate the activities of the
Department to support the policies, goals and objectives
established by the institution.

Communicate effectively with jnternal and external customers
on a regular basis.

Continuously participate in performance improvements

i enhance services ty our customers throughout the

Do you want to join our team?

The following positions are currently available: organization.
Salary commensurate with experience
SUPERVISORS, CONSTRUCTION PROJECT Excellent benetits

Please submit resume to: Human Resources Department
Doctors Hospital | P.O. Box N-3018 | Nassau, Bahamas

or call'302-4618 | Website: www.doctorshosp.com

The Nassau Airport Development Company (NAD) is looking for highly motivated
Construction Project Supervisors to lead our transformation of the Lynden Pindling
International Airport. We are spending millions of dollars ta improve the airport in areas
like safety, customer service and commercial development. Projects will range from
$50,000 to over $2,000,000.



Reporting to the Manager, Projects, the successful candidate will be responsible for the
preparation of project plans and documentation, including requests for proposals (RFPs)
and scope. Plan construction timelines, ensure compliance with environmental and
safety regulations, coordinate construction with Operations, Maintenance and clients,
manage the day to day relationship with construction companies, track budgets, report
on project status and ensure overall project success,

The Bahamas Conference of The Methodist Church

EBENEZER METHODIST CHURCH
Established 1802

An engineering degree and 3 years experience would be ideal. However, experienced
construction project managers without degrees will definitely be considered. Strong

computer skills, in all Microsoft office programs are a must. CHURCH STAFF POSITION FOR YOUTH WORKER

Methodist Church is seeking to employ a vibrant Christian to work with its children,
teens and young adults.



SENIOR MANAGER, CORPORATE FINANCE |

Reporting to the Vice President, Finance and Chief Financial Officer, this senior
management position will be primarily responsible for managing financial forecasts and
projections, evaluating investment and financing arrangements, corporate cash
management, and managing contractual relationships with financial institutions,
government entities and airlines as well as other duties of strategic and financial
importance to the Airport's operation and redevelopment.

Applicants should:

+ Be personable, creative, mature and passionate about young people.
+ Possess excellent communication skills.

+ Be familiar with youth cultures and trends.

The ideal candidate will have a post secondary education in business, commerce or
science together with at least 5 years experience ina similar financial management role
and be proficient with Microsoft Office software including Excel and PowerPoint.
Preference will be given to candidates with advanced degrees such as an MBA or
professional designations in finance or accounting.

Responsibilities include:

+ Implementation and oversight of all Youth Ministry programmes.

+ Planning and leading Youth Services and events.

+ Leading young persons to Christ and creating life-time disciples.

+ Building relationships between youth, congregation and the wider community.
SUPERVISOR, EMPLOYEE SERVICES
Criteria for Employment
Reporting to the Manager, Human Resources the successful candidate will be primarily + A minimum of a Bachelor's Degree from a recognized university confirmed by a certi-
responsible for the oversight and coordination of the payroll, pension and benefits plans.
The Supervisor will also provide assistance to the Manager, Human Resources in a
variety of Human Resources functions.

fied copy of certificate. ;

+ Names and contacts of at least two professional references must be submitted.

+ Willingness to support Church's programmes.

The ideal candidate must have a degree in Human Resources Management or Business + Successful applicants will be expected to make a commitment to work in harmony
Administration with at least 3 years related experience in a similar position. Excellent

, interpersonal, leadership and communications skills both written and oral are a must.
The candidate must be able to multi-task in a fast paced environment, take initiative and

exercise sound judgment when handling confidential and sensitive issues.

with Christian principles and to support the emphasis of The Bahamas Conference of
the Methodist Church of which the church is a part.

Please send Resume together with a covering letter,

The positions offer competitive compensation and benefits with opportunities for career a statement of philosophy and a recent photograph to:

growth and development. If you are interested in joining our dynamic team, please

submit your resume to: The Teac ecsticr

Ebenezer Methodist Church
PO. Box SS 6145

Nassau, Bahamas

Mrs. Michelle Moss
Manager, People
Nassau Airport Development Company
Lynden Pindling International Airport
P.O. Box - AP59229
Nassau, The Bahamas

Or fax co: (242) 393-8135, or e-mail to beme@bahamas.net.bs

Candidates shore listed will be contacted by telephone, fax or e-mail for an interview.

Deadline for Applications November 30t, 2007
Only those applicants short-listed will be contacted.

Shirley Street, Nassau Bahamas




THE TRIBUNE





FROM page one

Checkers

BUSINESS





THURSDAY, NOVEMBER 22, 2007, PAGE 11B











ly the high-salaried carners



He added tnat the Fox Hill the case of the fourth pro- | Cartwright said.
and Joe Farrington Road posed outlet. fitting outa “They key secret to Check- — but the lower income work-
Checkers cutiet would cost propey Wasnhotion . eos ts that w © the best ers who did not
PO ee eae ee ced in 2rinciple. wir “more then what we spent ost a taniper $i watheawia bahoaridan CoSiDLe ai wall Lo cu sok. and were Seck-
noon bce ats “artwright saymig of the dvi; = On Carmicnaci Road”. vith «he tava : he dowest paces, ‘and when ing a good meal ata low
Ihe Pos hilt Oe ee e-throuch: “We could do tt He added saat the restau. the vial a We Moke Histarzs we TBeow price.
pinsron Road jocaon, m ceout it. but it would be rant these required an boat the res wand a SoyNeci ASR eG Os “Someone has to be bhold-
: oe added Welty Uiches aueh Beticl iow ; $SOO000 rovestment Sut ve etada o he | roe “RW he Jpagship for erbnte
YELNCESS OL NV > . : } aeaxve pag ceac at ie, wien s a4 rOL Nir
ma. Which he ho; ee - =< : one Weve = } 7 ihe ci Lo soid Whe ya Burn 4 ariwrignt said
Mipleted by tras \ orisitias. NG ~ yh | pvGa mr pa inve wd ioWe chomp it.” Werig fying to do
long with some mnlerror CC Sd C } our it ony Checkers’ targs) warset, that because ws a local prod-
ne ( h i | ; ; p of ie dr he added. was not necassnre met.”
Mr Cartwrtght sard ine

har motivation behiod ihe

dew location was that Caeek

ers did “not have a presence BORCO’s owner, the Venezucian sete: aynedt Gi cenis:

out east He sain ivi some POVSA had appointed Citigroup s investment vanKis, aoc i |
40-50 per cent oF Now Prov- the Open Wansparent ‘beauty contest” procsss, ae Inca 5 |

idence Ss population lived
west of its Mackey Street
restaurant, with the rematin-
der ~ currently vasetved Oy
the chai © living to the

“We had to have a pres
ence Gut east, and the loca-
on on the corner - W here it

east

| KROM page one



of as high as pSU0 million fad been receives dus ing, the HS
of BORCO’s auction, with some expecting the of) storage’
transshipment facility could fetch up to $800 million
The higher-priced bids were tiaderstood fo eliide ch
any environmenial clean up, and capital expena:ture ©
‘o upgrade BORCO’s tanks jetties, and pipes, projects |
easily cost upwards of $15 million.

| T he BORC O ae ry closed in ee amid a eoanean on Sup oply



















ORO > ARF POSTTION bC



® ADWINISTRATOR




s highly visible an a tigh- aitrogen blankets were placed on the refinery assets | The Puclseas Oo ov stake is responaible co th uch, supervised by the Pasior for
traffic area - Qvesthet Come them. ; ; cline wires WuRieeeat be €
easy on New Providence — — -fowever, after PDVSA took over it removed thes pstveiig tise Une Ala VaE NU ne
aow.” Mr Cartwright said. _ blankets, which allowed the refining assets t¢ devenore |

“We don't do walls, big | it impossible to restart the plani. This m aaew one will have to Mare dios cord keeping anid opera! i
shopping centres, because we | de built, providing the winning bidder bas T2a25 te de so. ; p £05

teel we get hidden. We want
to have our own identity,

This would require a $2 billion investmeat acd create 800 jobs.

developed, and it is understood that at least soine or the bidders

pore financial report for Pina

CO EPCASU TE

rehal NO oucyper

Comumitres: and

“With the visibility, you’ve
got half the job done,
becatise the key to a suc-
cessful business is its loca-
tion. We have a high traffic
ayea, and not only the meals
but the wash facility, too. We
want to structure it to the

believe that this can be used to double the transshiomient facility's

size. ' : basing Ag

PDVSA was viewing this undeveloped land as inves‘ment prop-

erty it could “sell for current market and increase the fieal price paid: |

| by any purchaser. fs pec
The Tribune attempted to reach Max Sweeting, RORCO’s vice- 5

president, in Grand Bahama, but he did not return caiis left on fis): 2 figyist vton

- Ameo ae
Cue, PrOoCEsMaes £






Anivcon records on Chicos Steak | lish end maintain records of

perties and tactics

‘toaara with Arcaicece Vontractors and officers in butid

Of BORCO’s 500 acre site, some 208 acres have never been
\
|
|
{
|
\



. ausWering Machine up to press ime. aan paleo churchitareiae
point where we give people | * rt petesas odeling od cquipging chivch autatags
I Maapaal ae Bae seeie he Peer h in ee a Me ee a .
iW oe hal ihe area ; . ‘ fi ’ te O MdoORt -eGures concerning, the use
heeds



Ihe Checkers restaurant

tok ns i a » | ‘
at the Fox Hill and Joe Far- Legal Nouce



“ork with the Properiv aod Cox rgregatic nal Boards ti. preparing an





rington Road junction will ip ~ : I Rad | ; j

_ wa il Budget of maintenance and equipment needs.

be in reach of communities NO TIC E es ae we

ator ae Se Se eee Af ! ‘ ; ‘

such as Fox Hill, Sea Breeze, rr ic workers mi the maintezanc vepair of all physical proper





Elizabeth Estates,
Yamacraw. Pori New Provi-
dence and Winton.

Based on the faci that the
three Checkers cates cur-
rently employ 15-20 people
at full operation, and with
the Sunrise wasnhhouse facil-
ity likely to require 10

La Jolla Advisors Ltd. tes. Pstapush ind implemenc ean nig inung, resioval ity schedules

o



fodime ihe grave yaid and parking i

(in voluntary Liquidation) “/ Covise the Operation oi food services.
Notice is hereby given that the above-named 10 Supervise assigned office personnel.
Company is in dissolution, which commenced on |

the 14th day November, 2007. Crecitors having

i other at » assigned ov Pastor





einplovees over two shiits Pek, ve abot Ree :
: ee ne C or al S agains above. om - ? : -
jam to 2pm, and’2pm to 9pm debts oi aliis ag inst the above amed Com (
Mr Cartwright estimated pany are required to send particulars ‘thereoi to .
that the expansion was likely the undersigaed cG P.O. Box N-16378, Nassau, ‘ni aind Rian a
to creale SOMe JU JODS ; . a. | se sends Resume Logerhe, “vit
He added that the compa- Bahamas, on or betore 21st December, 2007. ln tenient of phitosopay and + senn
Hy Wasim: Talks "10. acquire default thereof they will be exciuded trom the
an extra parcel of land to hp a ; we tea |
give” the new restaurant a benefit of any distribution made by ihe | ignidawwi i
drive-through like
Cartiichael s Mart ; \ . te
ihe sale in principle of the Alain Kunz | i iste ata
land in) question has been (Liquidator) ; cc eat i



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| PROGRESSIVE SERVICE ORIENTED COMPANY
LOOKING FOR A FEW GOOD PEOPLE.

| DIESEL TECHNICIAN / MACHINIST

Prior experience on repairs to heavy trucks
mandatory. Experience repairing
International, Mack, and Cummins engines
and Electronics necessary. Extensive
experience in machine shop repairs to diesel

n By ERIC DASH
c.2007 New York Times
News Service

BLACKROCK, the big
investment firm, is expected to
be the main asset manager for
a $75 billion fund being creat-
ed by three large banks to help
shore up the market for asset-
backed securities, a person
briefed on the situation said
late Tuesday.

A custodian for the fund
could also be named shortly,
according to people with
knowledge of the matter, and
one leading contender is Bank
of New York Mellon.

No official announcements
have been made on either posi-
tion. But with plans under way
to begin raising more than $60
billion for the fund as early as
next week, there is a height-
ened sense of urgency to fill
both roles.

The country’s three biggest
banks — Bank of America,
Citigroup and JPMorgan
Chase — settled on the struc-
ture of the proposed fund
about a week ago, after two
months of negotiations against
the backdrop of deteriorating
economic conditions.

Banks and government offi-
cials are hoping that the back-
up fund will allow the finan-
cial instruments known as
structured investment vehicles,
or SIVs, to sell in an orderly
fashion the more than $250 bil-

engine parts mandatory. Top wages.
Uniforms furnished after probationary period.

Please come by and fill out an application,
and give us your resume at:

ra Mack Truck Sales a



PROVOST
MARSHALL SALE

An auction will be held on 28th Noveme-
ber, 2007 at 10:00 o’ clock at the Supreme
Court Building, Bank Lane, Nassau, The
Bahamas. On auction will be a number of



' Locman Watches in a variety of styles and

_ colours.

For more information please contact Miss
Cordell Frazier at Gibson & Company at

| 323-1234 or Mr. Jack Davis a the Supreme
Court at 356-9101.

ela

For the stories

behind the news,
read Insight
on Mondays

MUST SELL
VACANT COMMERCIAL PROPERTY

Lot #90-B comprising 22,376 sq.ft. and situated on the
western side of the main eleuthera highway and
approximately 2,219 ft. northerly of four-for-nothing road
in the Settlement of Lower Bogue,

North Eleuthera Bahamas.

ai-lid<












Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas
Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas

BY 0c 0 0 ee
| VACANT COMMERCIAL goa |

Lot #90-E comprising 16,521 sq.ft. and situated on the western side
of the main eleuthera highway and approximately 2,219 ft. northerly
of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

iateasicacties are in place.
For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit

Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:
The Manager, Credit Risk Management — Managing Director’s Office

PO. Box N-7518, Nassau, Bahamas



ene

lion in assets they hold and
avoid severe disruption to the
already jittery credit markets.

If BlackRock is appointed
manager, as expected, it will
be responsible for managing
the securities sold into the
fund’s portfolio, deciding
whether to sell an asset at a
particular price or hold it to
maturity. It is not clear
whether BlackRock will deter-
mine the prices or if they will
be set by an outside party.

The firm, which is known for
its keen attention to risk,
would lend both credibility and
capital markets expertise to a
proposal that has been shaky
from the start.

The firm recently indicated it
had less than one per cent of its
cash assets invested in SIV-
related debt. And it has large-
ly steered clear of the subprime
mortgage investments that
have gone bad, spreading dis-
tress throughout the financial
industry.

BlackRock was chosen over
at least two other investment
management firms for the right
to handle the assets of the
backup fund, according to peo-

le briefed on the matter, even
though its founder and chief
executive, Laurence D Fink,
had previously been reserved
about BlackRock’s participa-
tion in the fund.

Brian Beades, a BlackRock
spokesman, declined to com-
ment.

The bank chosen for the cus-
todian assignment would over-
see the financial record-keep-
ing and other back-office oper-
ations for the new fund. It
would be a prominent and
potentially lucrative task for
Bank of New York Mellon,
which has largely shunned the
spotlight despite its legacy as

>’ YAinerica’s.oldest bank, found-

ved, 223 years ago by Alexan-
der Mamiltai.

Kevin Heine, a spokesman
for the bank, declined to com-

















ment.

How much effect the backup
fund, a so-called super-SIV,
will have is unclear; many
investors and analysts are
skeptical that it will do much to
help.

Debt market conditions
have rapidly deteriorated in
the last few weeks as investor
appetites for pools of assets —
from mortgages to auto and,
more recently, credit card
loans — have all but dried up.

The fund’s organizers hope
that it will buy enough time for
asset prices to recover,
although most market analysts
say that is improbable. It may,
however, discourage SIVs
from dumping their holdings
all at once, a move that could
gause securities prices to col-
lapse.

That would force banks to
take even bigger write-offs and
could also put pressure on

THE TRIBUNE

BlackRock may lead
ank’s rescue fund

money market funds, whose
exposure to SIV-issued com-
mercial paper could put them
in jeopardy.

Bank of America, Citigroup
and JPMorgan Chase are each
expected to put up $5 billion to
$10 billion for the fund. The
remaining $60 billion or so is
expected to be raised from
dozens of financial institutions,
including several outside the
United States.

Bank of America and
JPMorgan will lead the fund-
raising effort. Citigroup will
take a back seat, people
involved with the plan said,

' because it could dispropor-

tionately benefit if the plan
provided relief to the seven
troubled SIVs it operates.

Officials at Bank of Ameri-
ca, JPMorgan and Citigroup
either did not return calls seek-
ing comment or could not be
reached.

ICD UTILITIES LIMITED
Notice To Shareholders

The Board of Directors of

ICD Utilities Limited is. pleased

to advise that a dividend of

10 cent per share

has been declared to all Shareholders

of record as at 3rd December, 2007

and payable on 14th December, 2007

MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-C comprising 21,430 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower Bogue,
North Eleuthera, Bahamas.

Infrastructures are in place.
For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas





MUST SELL

VACANT COMMERCIAL PROPERTY

Lot #90-G comprising 18,926 sq.ft. and situated on the western
side of the main eleuthera highway and approximately 2,219 ft.
northerly of four-for-nothing road in the Settlement of Lower
Bogue, North Eleuthera, Bahamas.

Infrastructures are in place.

For conditions of the sale and any other information,
please contact: Credit Risk Management — Collection Unit
Phone: 356-1685 or 356-1608, Nassau, Bahamas

Interested persons should submit offers in writing addressed to:

The Manager, Credit Risk Management — Managing Director’s
Office P.O. Box N-7518, Nassau, Bahamas


THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 13B





Long-term US mortgages
slump to six-month low

@ By JEANNINE AVERSA
AP Economics Writer

WASHINGTON (AP) —
Mortgage rates sank this week,
with rates on 30-year mort-
gages dropping to a six-month
low, a spot of welcome news
to would-be home buyers.

Freddie Mac, the mortgage
company, reported Wednes-
day, that 30-year, fixed-rate
mortgages averaged 6.20 per
cent. That was down from 6.24

per cent last week and was the
lowest rate since the week end-
ing May 10, when rates stood
at 6.15 per cent.

Other mortgage rates also
fell.

Rates on 15-year fixed-rate
mortgages, a popular choice
for refinancing, slid to 5.83 per
cent, from 5.88 per cent last
week. This week’s rate hasn’t
been lower since the week end-
ing February 2, 2006, when 15-
year rates averaged.5.81 per

Legal Notice

NOTICE

KONSTANTIN IT HOLDINGS INC.

cent, the mortgage company
said.

For five-year adjustable-rate
mortgages, rates fell to 5.88 per
cent, down from 5.96 per cent
last week.

This week’s rate hasn’t been
lower since the week ending
May 3, when five-year rates
averaged 5.87 per cent, Freddie
Mac said.

Rates on one-year
adjustable-rate mortgages
dropped to 5.42 per cent, com-
pared with 5.50 per cent last
week. The rate on one-year
ARMs hasn’t been lower since
late March, when rates aver-
aged 5.40 per cent.

The moderation in mortgage
rates around the country pro-
vides a dose of good news for
prospective home buyers,
some of whom also may be fac-
ing a situation of harder-to-get
credit. But the easing in mort-
gage rates doesn’t change
housing’s overall bleak picture.

“The housing market
remains weak, continuing to
be a drag on the economy,”
said Frank Nothaft, Freddie
Mac’s chief economist.

Rates

The mortgage rates do not
include add-on fees known as
points. Thirty-year, 15-year
and five-year mortgages each
carried a nationwide average
fee of 0.5 point. The one-year
ARM carried an average fee
of 0.6 point.

A year ago, 30-year mort-
gages stood at 6.18 per cent.
Rates on 15-year mortgages
were at 5.91 per cent a year
ago, while five-year ARMS
averaged 5.99 per cent and
one-year ARMs were at 5.49
per cent. '

The housing market has
been suffering through a
severe slump, following five-

years of heady activity. Sales _

turned weak as did home
prices. The problems in hqus-
ing are expected to persist well
into next year.

The boom-to-bust situation
has been especially hard on
homeowners with spotty cred-
it and lower incomes. Foreclo-
sures and late payments have
surged.

Overstretched borrowers in '
some cases have been stuck
with mortgages that eclipse the
value of their homes.

Borrowers that took out
adjustable-rate mortgages with
low introductory “teaser” rates
have been socked when those
loans reset to much higher |,
rates. :

HARBOURSIDE MARINE.
LOOKING FOR... ::

CARPENTER. |

PLEASE FAX RESUME 394-3885
OR CALL 393-0262 |

Notice is hereby given that in accordance with section

138 (8) of the International Business Companies Act
2000, the dissolution of KONSTANTIN II HOLDINGS
INC. has been completed; a Certificate of Dissolution has
been issued and the Company has therefore been struck

off the Register.

ARGOSA CORP. INC.
(Liquidator)



Legal Notice

NOTICE

KEY CAMPING INC.

— Q—

“Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of KEY CAMPING INC. has been
completed; a Certificate of Dissolution has been issued
and the Company has therefore been struck off the

Register.

ARGOSA CORP. INC.
(Liquidator)

Vacancy

Announcement

Blue Shark Golf Course is currently
accepting applications for the position of

EXECUTIVE CHEF/
RESTAURANT MANAGER

Applicants should have a minimum of an

Associate degree in Management and a |

Chef Certificate from an accredited Culinary
Institute locally in the Bahamas or in the
USA or Canada along with 3 years expeeri-
ence as a Chef and Manager.

Specific experience with an upscale restau-
rant in cooking, menu preparations, devel-
opment and design for American, Canadian
and European tourists, the highest interna-
tional service stanards, proper health and
cleanliness practices, meal presentation,
purchasing and stocking of products and
supplies. Knowledge of golf course res-
taurant service and food preparation is a
must. Leadership and supervisory skills are
required.

To apply call 424-6932

Legal Notice

NOTICE

WEDNESA VISTA LTD.

enna o—
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of WEDNESA VISTA LTD. has
been completed; a Certificate of Dissolution has been is-
sued and the Company has therefore been struck off the

Register.

ARGOSA CORP. INC.
(Liquidator)

Legal Notice

NOTICE

THE BLUE SKY HIGH TECH LTD.

—— o—
Notice is hereby given that in accordance with section
138 (8) of the International Business Companies Act
2000, the dissolution of THE BLUE SKY HIGH TECH
LTD. has been completed; a Certificate of Dissolution
has been issued and the Company has therefore been

struck off the Register.

ARGOSA CORP. INC.
(Liquidator)

position
available

The Cove @ Atlantis Resorts
Registered Nurse — Full Time

Responsibilities:

@ Provide primary and minor emergency medical
care

e Administration of medication, oxygen,
intravenous fluids as indicated and outlined in the
clinical Protocol Manual

e Provide accurate and comprehensive medical

reports as required .

Requirements:

e Holder of current Bahamian licence

e Must have at least three years experience post
graduation

e have current BLS & ALS Certification

e Must be responsible, have good communication
skills and independent.

THE

CV should be sent via
e-mail to mary.epcotmedical
(@coralwave.com by
November 31*, 2007.

TURES






MEDICLINIC |



A leading global, research-based pharmaceutical company
seeks qualified persons for the following position:

Medical Sales Representative

The medical rep will be responsible for promoting
pharmaceutical brands within the healthcare community in
The Bahamas.

Skills & Educational Requirements:

Jf Bachelor’s degree in medical science, allied health, or
business management

/ Effective communication and presentation abilities

of Proficiency in time management, planning and organizing
/ Computer literate

o/ self-motivated team player

/ Previous experience in pharmaceutical detailing would be
an asset

Candidates should possess a reliable motor vehicle, be willing
to travel to the family islands, to the U.S., and other foreign
countries.

Please send résumés by December 7th to:

Medical Rep
Lowe's Wholesale Drug Agencies
P.O. Box N-7504
Nassau, Bahamas
or FAX: 393-0440 -

We thank all applicants for their interest, however;
only short-listed candidates will be contacted.

AFFAIRS AND LABOUR



PORT DEPARTMENT

NOTICE

The public is hereby advised that all boat and master
licences under the Boat Registration Act expires December
31st, 2007.

The Port Department is now accepting applications for
new and renewal of applications for the year 2008 under
the Boat Registration Act. Applications are also being
accepted under new The Commercial Recreationa
Watercraft Act for Parasail, Banana, Banana Boat and
Personal Watercraft to be considered by the New Providence
Port Authority Board.

Application forms may be collected from the Boat
Registration section of the Port Department located in the
Port Administration Building located on Prince George
Wharf, Monday to Friday between the hours of 9:30am to
4:00pm.

Applicants are further advised that all necessary documents
must be presented at the time of application in order to be
‘considered by the Board for new or renewal of applications.

Captain Anthony J. Allens
Port Controller




GN-607







+
PAGE 14B, THURSDAY, NOVEMBER 22, 2007

THE TRIBUNE



Raa ea eee ee
Fed predicts slowdown, not recession, in 2008

@ By EDMUND L ANDREWS
c.2007 New York Times
News Service



‘WASHINGTON The
Federal Reserve expects eco-
nomic growth to slow sharply
next year, and policymakers
there are worried that even this
forecast may prove too opti-
mistic, according to an assess-
ment that the central bank
released on Tuesday.

In a new effort to be more
open, the Fed released a
detailed forecast that summa-
rized the predictions of the Fed
governors and regional bank
presidents.

It also reported their dis-
agreements, which almost all
centered on how much the
broad economy is likely to be




PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, ARLINQUA
AKEIA JOHNSON of Nassau, Bahamas intend
to change my name to ARLINQUA AKEIA
RUSSELL. If there are any objections to this
change of name by Deed Poll, you may write such
objections to the Chief Passport Officer, PO.Box N-
742, Nassau, Bahamas no later than thirty (80) days
after the date of publication of this notice.

damaged by the surge in oil
prices and the tight credit mar-
kets brought on by the recent
severe problems in housing and
mortgage lending.

At the same time, Fed offi-
cials expect unemployment to
rise only slightly and inflation
to edge down. In a shift from
three weeks ago, the officials
said they agreed that recent evi-
dence of slowing inflation was
more than a temporary blip and
would “likely be sustained.”

Neither the forecast nor new-
ly released minutes from the
Fed’s last meeting on October
31 mentioned the chances of a
recession, but the new predic-
tions are low enough that, if
borne out, the economic situa-
tion might feel like a recession
to many people.









NOTICE

EXXONMOBIL EAST VENEZUELA
GAS COMPANY LIMITED

The forecast, which was much
anticipated, did nothing to end
the battle of wills between Fed
officials and Wall Street over
the need to reduce interest rates
for a third time this year when
the rate-setting Federal Open
Market Committee meets next,
on December 11.

Investors did not seem to
know how to react to the infor-
mation. Share prices initially
dropped after the report was
released, possibly in reaction to
the reluctance that the policy-
makers had expressed toward
cutting rates last month. But
prices bounced back and ended
the day modestly higher, possi-
bly in response to the Fed’s
reduced alarms about inflation.

The Dow Jones industrial
average rose 51.70 points, or
0.40 per cent, to 13,010.14, after
making 100-point swings in both
directions. That followed Mon-
day’s drop of more than 200
points. Many Nasdaq or small
stocks were flat or lower.

Fed officials have signaled in
recent speeches that they do not

‘want to cut rates anytime soon,

saying their cuts in September
and October would be enough
to keep the economy out of
recession.

Indeed, many of them were
already uneasy about their last

cut in the benchmark federal

funds rate on October 31, to 4.5
per cent from 4.75 per cent.
According to the minutes of
that meeting, Fed bankers saw
that decision as a “close call.”

But many investors continue
to bet heavily on a rate cut in
December, and some econo-
mists and Wall Street analysts
argue that the economy will
come much closer to stalling
than the Fed now assumes.

“I think what we’re really
debating here is the timing,”
said Stuart Hoffman, an econo-
mist at PNC Financial in Pitts-
burgh. “Whether or not it hap-
pens on December 11, my guess
is that by the March meeting,
the Fed funds rate will be four
per cent.”

The new forecasts for growth
next year in the gross domestic
product range from 1.6 per cent
to 2.6 per cent. That is both low-
er and more uncertain than in
June, when the forecasts ranged
from 2.5 per cent to three per
cent.

“Most participants viewed the
risks to their GDP projections
as weighted to the downside,”
the central bank said in its sum-
mary of the last policy meeting.

The new assessment shows
that policymakers still see only
limited evidence that the prob-
lems in housing and subprime
mortgages have damaged the

NOTICE

ONMO

Vv

CEUTA SUR LIMITED

broad economy.

The “central tendency” of
policymakers’ individual fore-
casts calls for economic growth
in 2008 of 1.8 per cent to 2.5 per
cent. Growth in 2007 is expect-
ed to be 2.4 per cent to 2.5 per
cent.

As a group, Fed policymakers
expect “subpar economic
growth” over the next year.
They also predict that unem-
ployment will edge up to as
much as four per cent next year,
compared with about 4.7 per
cent today.

But the new report shows
that they are much more wor-
ried that the downturn in hous-
ing and the problems in mort-
gage markets could cut deeper
into the overall economy.

Fed officials also appear to
have reduced their estimates
about the nation’s long-term
potential rate of growth with-
out inflation, often described as
the economy’s speed limit. The
potential growth rate is based
on estimates of future produc-
tivity growth and increases in
the population. Until recently,
most economists estimated a
potential growth rate of three
per cent a year. But Fed offi-
cials appear to have reduced
that to about 2.5 per cent, with
an assumption that productivity
will climb about 1.5 per cent a
year. That would be much slow-
er than in the 1990s.

The new forecasts represent-
ed the Federal Reserve’s latest
step from secrecy toward open-
ness, an evolution that has been
under way for two decades.

The Fed is now releasing its
economic forecast four times a
year, rather than twice, and the

years instead of two. Because
the outlook stretches further
into the future, and assumes
that the economy will be shaped
by “appropriate” monetary pol-
icy, the new outlook implies
what Fed officials think is both
possible and desirable.

The new forecasts predict
that inflation will range from
1.5 to two per cent in 2008 and
2009. That is slightly higher than
the range of one to two per cent
that the Fed chairman, Ben S
Bernanke, has mentioned in the
past. But it is roughly consis-
tent with what analysts have
long considered the Fed’s unof-
ficial target for inflation.

But analysts cautioned that
the forecast was muddier than it
might appear. That is because it
is an amalgam of individual
forecasts from each of the Fed’s
12 regional banks and from
each of seven Fed governors.
As a result, the consolidated
predictions for growth, employ-
ment and inflation can seem at
odds with one another.

One incongruity, for exam-
ple, is that the Fed forecasts sig-
nificantly slower growth over
the next year but only a modest
increase in unemployment to
five per cent — still a low level
judged by long-term perspec-
tives.

Ian Shepherdson, chief US
economist at High Frequency
Economics, said he would take
the Fed forecasts with a grain of
salt. “The Fed is just as behold-
en to the short-term, high-fre-
quency data as it ever was,” he
wrote in a note to clients. “We
do not propose in the future to
devote much time to the Fed’s
now-quarterly forecasting exer-

Creditors having debts or claims against the |
above-named Company are required to send|
particulars thereof to the undersigned c/o P. O. Box |
N-624, Nassau, Bahamas on or before 11th)
December, A.D., 2007. In default thereof they will
be excluded from the benefit of any distribution
made by the Liquidator.

Dated the 20th day of. November, A.D., 2007.

K.L. Floyd
Liquidator
16945 Northcase Drive
Houston, Texas 77060, U.S.A.

NOTICE

EXXONMOBIL VENEZUELA.
CEUTA SUR LIMITED

NOTICE IS HEREBY GIVEN as follows:

(a)
is in dissolution under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the
20th day of November, 2007 when its Articles of Dissolution
were submitted to and registered by the Registrar General.

(c) The Liquidator of the said Company is K. L. Floyd 16945
Northchase Drive, Houston, Texas 77060, U.S.A.

Dated the 20th day of November, 2007.

HARRY B. SANDS, LOBOSKY
MANAGEMENT CO. LTD.
Attorneys for the above-named Company

Bist

Pricing Information As Of:

Abaco Markets

Bahamas Property Fund
Bank of Bahamas
Benchmark

Bahamas Waste

Fidelity Bank

Cable Bahamas

Colina Holdings
Commonwealth Bank (S1)
Consolidated Water BDRs
Doctor's Hospital
Famguard

Finco

FirstCaribbean

Focol (S)

Freeport Concrete

ICD Utilities

J. S. Johnson

Premier Real Estate

Bahamas Supermarkets
Caribbean Crossings (Pref)
RND Holdings

Bahamas Supermarkets
RND Holdings



un ame
Colina Money Market Fund
Fidelity Bahamas G & | Fund
Colina MSI Preferred Fund
Colina Bond Fund

Fidelity Prime Income Fund

3.5388*"*
2.938214***
1.279370°**
11.8192***

1.2037
11.2596









Creditors having debts or claims against the
above-named Company are required to send
particulars thereof to the undersigned c/o P. O. Box
N-624, Nassau, Bahamas on or before 11th
December, A.D., 2007. In default thereof they will
be excluded from the benefit of any distribution
made by the Liquidator.

Dated the 20th day of November, A.D., 2007.

K.L. Floyd
Liquidator
16945 Northcase Drive
Houston, Texas 77060, U.S.A.

NOTICE

EXXONMOBIL EAST VENEZUELA
GAS COMPANY LIMITED

NOTICE IS HEREBY GIVEN as follows:

(a)
is in dissolution under the provisions of the International
Business Companies Act 2000.

(b) The dissolution of the said Company commenced on the
20th day of November, 2007 when its Articles of Dissolution
were submitted to and registered by the Registrar General.

(c) The Liquidator of the said Company is K.L. Floyd, 16945
Northchase Drive, Houston, Texas 77060, U.S.A.

Dated the 20th day of November, 2007.
HARRY B. SANDS, LOBOSKY

MANAGEMENT CO. LTD.
Attorneys for the above-named Company



amend

Weekly Vol. EPS $



Last 12 Months Div $







new forecast looks ahead three



cise.”

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL

The Public is hereby advised that |, INDYA JADA
DEAN AKA INDYA JADA BANNISTER of

Nassau, Bahamas intend to change my name to
INDYA JADA ARMBRISTER. If there are any
objections to this change of name by Deed Poll,
you may write such objections to the Chief Passport
Officer, PO.Box N-742, Nassau, Bahamas no later
than thirty (30) days after the date of publication of

NOTICE

NOTICE is hereby given that ROCHELLE TELFORT,
WASHINGTON STREET, NASSAU, BAHAMAS, is applying
to the Minister responsible for Nationality and Citizenship, for
registration/naturalization as a citizen of The Bahamas, and
that any person who knows any reason why registration/
naturalization should not be granted, should send a written
and signed statement of the facts within twenty-eight days
from the 15TH day of NOVEMBER, 2007 to the Minister
responsible for Nationality and Citizenship, RO.Box N-7147,
Nassau, Bahamas.

QUANTITY SURVEYOR







FML Group of Companies Ltd.
is seeking to employ a

Marketing

Manager

Must be young, aggressive and energentic
with experience in marketing and public



EX ,000.|
52wk-Hi - Highest closing price in last 52 weeks

52wk-Low - Lowest closing price In last 52 weeks

Previous Close - Previous day's weighted price for daily volume
Today's Close - Current day's weighted price for daily volume
Change - Change in closing price from day to day

Daily Vol. - Number of total shares traded today

DIV $ - Dividends per share paid In the last 12 months

P/E - Closing price divided by the last 12 month earnings

8) - 4-for-1 Stock Split - Effective Date 8/8/2007

KS1) - 3 k Split - Eff

- last 12 month dividends divided by closing price
Bid $ - Buying price of Colina and Fidelity

Ask $ - Selling price of Colina and fidelity

Last Price - Last traded over-the-counter price

Weekly Vol. - Trading volume of the prior week

EPS $ - Acompany's reported earnings per share for the last 12 mths
NAV - Net Asset Value

N/M - Not Meaningful

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







relations.

*- 9 November 2007
** - 30 June 2007
*** . 31 October 2007
see". 31 July 2007

Interested persons may fax their resumes
to 394-2193.






FPOHT POR MORE DATA ® INFORMATIONS
THE TRIBUNE

THURSDAY, NOVEMBER 22, 2007, PAGE 15B



Freddie Mac losses reflect housing woes

@ By MICHAEL M
GRYNBAUM
c.2007 New York Times
News Service

LOSSES at Freddie Mac
underscored the continuing tur-
moil in the housing industry
Tuesday, and other develop-
ments reinforced the sense that
conditions would not improve
soon.

_Freddie Mac, the big mort-
gage finance company, posted a
$2 billion loss for the third quar-
ter and warned that it might not
have enough capital on hand to
cover the mandatory reserves
for its mortgage commitments.

The company has been bat-
tered by a rising wave of fore-
closures tied to subprime mort-
gage defaults, and it is “seri-
ously considering” cutting its
stock dividend.

Freddie’s misfortune is par-
ticularly rattling because the
company is considered some-
thing of a backstop for the lend-
ing industry. With its implied
guarantee of government back-
ing, the housing market looks
to Freddie, and its bigger sib-
ling, Fannie Mae, to provide sta-
ble credit and financing for a
wide swath of mortgages.

But Tuesday’s earnings
report showed that even the
gold standard of lending agen-
cies was not immune to the tox-
ic subprime securities that have
infected much of the market.

The loss included a provision
for credit losses of $1.2 billion,
and it wrote down the value of
some assets by $3.6 billion. And
Freddie’s outlook remained
cloudy: Executives said they did
not expect earnings to improve
in the fourth quarter, and they
suggested that the government
would not lower its 30 per cent
threshold for Freddie’s reserves.

Shares of the company plum-
meted 28.7 per cent, to $26.74,
its lowest level in 11 years, while
shares of Fannie Mae dropped
24.8 per cent. Freddie will seek
advice from Goldman Sachs
and Lehman Brothers for its
short-term efforts to shore up
its reserves.

While many analysts said the
poor earnings suggested that
subprime problems had spread
to new corners of the mortgage
market, some said that they did
not antierpate-a significant tight-





ening in Freddie’s lending stan-
dards.

“One of the reasons why they
are trying to do a significant
capital raise is they want to be
out there continuing to provide
credit,” said Frederick Cannon,
a managing director at Keefe,
Bruyette & Woods, who covers
the housing sector.

But the agencies’ exposure
could also restrict the govern-
ment’s ability to intervene in
the market.

“It makes any potential large
federal response that much
more difficult,” said Joseph
Brusuelas, chief US economist
at IdeaGlobal. “If the federal
government were to respond
aggressively to a greater-than-
expected downturn in the hous-
ing sector, it would rely on Fan-
nie and Freddie to do a lot of
the heavy lifting.”

Case

In Freddie’s case, the compa-
ny warned about more prob-
lems in the coming months.
“Without doubt, 2007 has been
an extremely difficult year for
the country’s housing and cred-

_ it markets,” Richard F Syron,

Freddie Mac’s chairman and
chief executive, said in a state-
ment.

Syron was not alone in his
lament. D R Horton, the
nation’s largest home builder,
reported a $50.1 million loss in
its fiscal fourth quarter as the
housing downturn pummeled
its inventory, good will and
land-use contracts.

Lower demand and tighter
lending standards have cut back
the company’s business and
caused ‘many clients to cancel
contracts.

“We expect the housing envi-
ronment to remain challeng-
ing,” Donald R Horton, the
company’s chairman, said in a
statement.

The subprime debacle also
claimed another prominent
casualty Tuesday. The chairman
and chief executive of H&R
Block, Mark Ernst, said he
would resign amid the compa-
ny’s difficulties with subprime
exposure. Ernst had come
under fire for the failed sale of
the Option One Mortgage
Corp., a company subsidiary
that took heavy losses’on risky

loans.

His successor as chairman will
be Richard C Breeden, the for-
mer chairman of the Securities
and Exchange Commission,
who was recently elected to
H&R Block’s board after
sharply criticizing Ernst.

The chief executive slot will
be temporarily filled by Alan
M Bennett, a former top exec-
utive at Aetna, the insurance
company.

And home-building data
released Tuesday offered no
hint of an end to housing trou-
bles. Permits to break ground
fell 6.6 per cent in October to
their lowest level in more than
14 years, a sign that builders are
cutting back on residential

~ home projects.

Permits have dipped nearly
25 per cent since last October,
to a seasonally adjusted 1.18
million annual rate, the Com-
merce Department said.

New residential construction
grew slightly last month, rising
three per cent, to an annual
pace of 1.23 million. It was the
first increase in four months,
but the increase came mostly
from a 44 per cent jump in mul-
tifamily developments, like con-
dominiums.

Construction of single-family
homes dropped again last
month, and housing starts over-
all remain near their lowest lev-
el since the recession of the ear-
ly 1990s.

“With mortgage financing
further constrained and inven-
tories of unsold homes quite
high, the near-to-medium term
outlook for housing starts is not
good,” Joshua Shapiro, chief
US economist for MFR, wrote
in a research note.

That would be unfortunate
for Freddie Mac, whose mort-
gage-related securities rapidly
lost their value as the subprime
market began to collapse. Fred-
die lost $3.29 a share in the third

* quarter, compared with a loss

of $715 million, or $1.17 a share,
in the period a year earlier. The
company also said it did not
expect earnings to improve in
the fourth quarter.

“We're not happy about
this,” Syron, Freddie’s chair-
man, told investors and share-
holders on a conference call.

“We don’t expect you to be |

happy about it.”

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THE TARIFF ACT
(No. 5 of 2003) —

DECLARATION OF EXIGENCY

The Minister of Finance, pursuant to the provisions of Item 11 of
Part B of the Fourth Schedule to the Tariff Act, hereby declares the
following Exigency to be an Exigency which qualifies for the
purposes of the exemption permitted under the said Item 11, namely:-

the urgent need for goods specified in Schedule A hereof
which the Minister is satisfied are intended for the relief of
residents in the Islands listed in Schedule B hereof who
suffered hardship or loss as a result of the Tropical Storm
Noel, and whose claims / applications in respect of such
goods in respect of Part A hereof are certified by the Director
of The National Emergency Management Agency (NEMA),
in respect of the Farming Industries in Part B hereof by the
Director of Agriculture, and in respect of the Fisheries
Industries in Part C hereof by the Director of Fisheries.

The Minister of Finance further declares that the importation of
goods under the provision of the said Item II are only permitted

during the period commencing 15th November, 2007 and ending
on the 31st March 2008.

SCHEDULE A
DUTY FREE GOODS

Part A

Building materials
Electrical fixtures and materials. .
Plumbing fixtures and materials::-~:

Household furniture, furnishing and appliances

Part B (Farming Industry)

1. Supplies for the reconstruction and repair to greenhouses, including
plant sleeves, timers, plant pots and soil-less growing media for
plant growth.

2. Supplies for the reconstruction and repair to poultry houses.
3. Supplies for the reconstruction and repair of irrigation systems.
4. Nursery stock for the re-establishment of fruit orchards.

5. Items required for fencing.

Part C (Fishing Industry)

1. Galvanized sheeting and other materials used in the construction
of fishing habitats.

2. Fishing boats

3. Fishing gear and apparatus

Part D

Motor Vehicles
Motor Cycles
Golf Cart «

Schedule B
Islands

Acklins
Cat Island
Crooked Island
Eleuthera
Exuma and Cays
Long Cay
Long Island
Rum Cay
San Salvador

Where any abuse or misuse of goods imported under this Declaration
is observed, the goods may be seized and disposed of in accordance
with Section 83 of the Customs Management Act.

Dated this 15th of November, 2007

Minister of Finance

}



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US labour market
__temaining solid

@ By JEANNINE AVERSA
AP Economics Writer

_ WASHINGTON (AP) —
Fewer people signed up for
jobless benefits last week, an
encouraging sign that most
companies aren’t resorting to
large-scale layoffs as the coun-

try copes with continuing prob- .

lems in the housing and credit
markets.

The Labour Department
reported Wednesday that new
applications filed for unem-
ployment insurance dropped
by a seasonally adjusted 11,000
to 330,000 for the week end-
ing November 17. It was the
lowest level since the begin-
ning of November. The
330,000 level of claims was in
line with economists’ forecasts.

A year ago, new claims for
unemployment insurance
stood at 322,000.

The four-week moving aver-
age of claims, which smooths
out week-to-week volatility,
dipped last week to 329,750, a
decrease of 750 from the pre-
vious week. It marked the low-
est level since late October. A
year ago, the four-week aver-
age of claims was 319,500.

“We continue to believe that
most statistical and anecdotal
evidence continue to point to a
relatively healthy labour mar-
ket,” said Omair Sharif, an
economist at RBS Greenwich
Capital.

Economic

In other economic news, a
gauge of future business activ-
ity suggested the economy’s
growth in the months ahead
could slow even more than
anticipated. The Conference
Board reported that its index
of leading indicators fell 0.5
per cent in October, after tick-
ing up 0.1 per cent in Septem-
ber.

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The layoffs report also
showed that the number of
people continuing to collect
unemployment benefits, how-
ever, rose by 7,000 to 2.57 mil-
lion for the week ending
November 10, the most recent
period for which that informa-
tion is available. A year ago,
continuing claims stood at 2.43
million.

The White House hailed the
new report on the employment
activity.

Fact

“The fact that we’re seeing
relatively strong job creation
and solid wage growth is help-
ful. This is a fairly resilient,
flexible economy that has
shown an ability to withstand
shocks,” said White House
deputy press secretary Tony
Fratto.

But On Wall Street, the lay-

offs new failed to ease’

investors’ anxieties about fall-
out from the housing collapse.
The Dow Jones industrial aver-
age was down more than 80
points in early trading.

The state of the nation’s
employment climate is a cru-
cial factor in determining
whether the economy will, in
fact, weather the stresses from
the housing slump and credit
crunch.

So far, decent job creation
and wage growth have helped
to offset some of the negative
forces hitting some people,

‘ problems ranging from weaker

home values to hard-to-get
credit.

The national civilian unem-
ployment rate — now at 4.7
per cent of the labour force —
is considered low by historical
standards. The jobless rate is
expected to slowly climb in the
coming months as the econo-
my loses steam.

Even though the labour mar-

ket has so far been holding up
fairly well to stresses in the
economy, job losses have been
painfully felt in construction,
manufacturing, mortgage
banking and other businesses
more closely linked to the trou-
bled housing and credit sec-
tors.

The economy, which grew at
a brisk 3.9 per cent pace in the
third quarter, is-expected to
log growth at only half that
rate or less in the final three
months of this year, analysts
say.

The Federal Reserve, in the
first of new quarterly reports to
the nation, said that it believes
the unemployment rate will
rise to between 4.8 per cent
and 4.9 per cent next year. For
all of last year, the jobless rate
dipped to 4.6 per cent, a six-
year low.

The Fed said the “unem-.
ployment rate would increase
modestly” in 2008, stabilize in
2009 and then decline slightly
in 2010.

Combat

To combat the troubles in
the economy, the Federal
Reserve has sliced interest
rates twice this year — in Sep-
tember and October. That
dropped that Fed’s key interest
rate to 4.50 per cent. The deci-..
sion to cut rates in late October
was a “close call,” according -
to minutes of that closed-door
meeting released Tuesday. At
the time, Fed Chairman Ben
Bernanke and his colleagues
hinted that it may not need to
lower rates again.

Against that backdrop, the
Fed is likely to leave rates
alone when it meets next on
December 11. However, some
investors and analysts believe a
third rate reduction will be
needed then to help energize
the economy.

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