SHOCKER!!

Yes, chairs are holding up the opening. Nothing more, just chairs. Can't open the hotel because dey won't ship the chairs. You can't open without a thousand chairs. Heavens. That will make 4 missed openings. But it won't be the end. They will miss the fifth opening due to the fact that they can't get paper clips. Dammit, who knew it would this hard to open a hotel complex. The fooking chairs !!

"It would result in unprecedented derogatory publicity at the peak of the tourism season, and the resulting harm to CCA's good name would be irreparable and virtually impossible to overcome." What a fooking joke. This is all par for the course. Now y'all feel how Izzy felt. No sympathy here. The penalty is all bullshit anyhow because the bank and the construction company is owned by the same people " Red China" Karma is a bitch. What goes around comes around

Here we go. Another load of horse manure!

I say that if CCA miss another deadline that that becomes a 'force majure' of the contract, much like they are holding that clause for BEC/BPL...

HAHAHAHAHAHA bitches

The old Bahamian saying "When tief, tief from tief, God laugh".

Yet the new FNM AG and PM find nothing wrong with these crooks.

They better either bring those chairs from China or pay their US creditors.

By the FNM Government seeing nothing wrong with discriminatory and preferential payments based on nationality I feel the US thinks differently. US creditors could freezes in the US for relief of this sovereign fraudulent scheme.

CCA's reputation would suffer widespread, incalculable and irreparable damage."

Your reputation already sux bad globally........

They are the second largest construction company globally, what the fook are you talking about?

Only here in The Bahamas we make enemies with world leaders.

That's because they represent the Chinese government and they strong arm weaker nations into letting them build all the time. I have been all over Africa and the CCA is present EVERYWHERE from east to west, north to south. But too many of their projects disintegrate within years from unnecessary stadiums in Zambia and single track trains in Tanzania to roads in Ethiopia. The roads and bridges built by the Italians in Ethiopia during occupation seventy years ago still strong as an ox. Those built by CCA after five years, falling down the side of mountains. Presence and initial look doesn't translate to quality or longevity. Bahamar will be no different.

When Perry and the PLP were screwing this up I wonder if they realized how much they were screwing it up? how long it would take to "unscrew" if that's at all possible? and how many generations of Bahamians will continue to suffer because of their actions? This is their legacy a hotel that when it finally opened up crumbled back to the ground because of the PLP and their cronies.....

Same old SH-T. How could you foolishly think that a company who is owed money on chairs ordered by the previous owners, would ship them to the new owners, who say they have no legal responsibility to, and have not paid them, and many other creditors. No Bahamian company would deliver them. So pay up; re-order from another supplier, or stay closed. This is only one of many such instances to come.

The Red China government and all of its controlled enterprises involved with the Baha Mar project, i.e. CCA, CSCEC, CEXIMB, Perfect Luck, the Fooking Company, etc. should all be told to pack their bags and get the hell out of the Bahamas. The Red China government does not give a damn about the damage it has done and continues to do to the Bahamas as a tourist destination ..... it simply wants control of country for other reasons harmful to all Bahamians and U.S. interests in our region. The Minnis-led FNM government should forthwith renounce our country's continued support of the One China policy and immediately invite the ROC (Taiwan) to re-establish diplomatic relations with the Bahamas. We have nothing to gain and everything to lose by continuing to behave like we are not masters of our own destiny. Our new FNM government is not obliged to continue honoring commitments made and concessions granted by a corrupt predecessor government (led by Christie) to corrupt agents/enterprises controlled by corrupt officials of another country (Red China). It's the Bahamian people's time, and Minnis had better stomp on and remove all of the corrupt players associated with the Baha Mar project once and for all.

Well said and exactly right.

Every time I pass Bahamar I see our fisheries going the tubes. That is one of many things these suck necks really want.

Well, well, well isn't it ironic that the EXIM Bank of China did not approve to pay any US vendors or former US employees any of the monies owed to them and now they think US companies or US citizens will assist or patronize that crooked establishment. Shame on those people that blindly allowed the Chinese government to take the property from Sarkis! Oh and CCA has the balls to petition a US Court in FL for their chairs...your whole country is a joke and we can't wait to protest at the court house for all the world to see how crooked you are!! You reap what you sow bitches!!

You are naturally free to waste your time in any way you see fit, but your first sentence pinpointed who your beef is with: " EXIM Bank of China did not approve to pay any US vendors or former US employees any of the monies owed to them." Google the Chinese Embassy address in Washington DC and protest there. We might be a "joke", but we still know how to follow a cogent argument.

Until this hotel is returned to its rightful owner, it will forever be cursed! I'll be shocked if it ever opens.

Its a great new way of doing business. Go to Nassau Motor Company and buy a new car on the following conditions of provisions.
It rains every Wednesday afternoon from now to Christmas.
The Bahamian Dollar is devalued in October.
Anything else you feel might give you a back door to withdraw for the sale if you wish to.
Maybe I got it wrong ?
The sale has conditions right ? Guaranteed by another party ?

The Chinese are bad news for The Bahamas.

First they kill the economy in Freeport and now they are well on their way to killing it in Nassau.

Comrades! Trump no stranger to the Bahamaland and the of the ways our politicians do business.
Long before the The Donald became the US President and before Trump climbed in the money lending bed of the Chinese government's controlled banks - The Donald purchased a majority stake in Resorts international from Merv Griffin, which owned Paradise Island Hotel and Casino.
I really don't think we want The Donald's business ways to become involved with Baha Mar?

http://tribune242.com/users/photos/2017…

Sigh ... let me correct you again. Donald did not purchase a majority stake in Resorts International from Merv Griffin. James Crosby, of the Mary Carter Paint Company of New Jersey owned Resorts International. The paint business was failing so they diversified and acquired 1,200 acres of land near Freeport, Bahamas in 1962, followed by a 75 percent interest in Paradise Island in 1966. The company built a bridge to the island and developed it with hotels and restaurants, and opened the Paradise Island Casino there in 1967. In 1968, Mary Carter sold its paint division and changed its name to Resorts International. In 1986 Crosby died. Trump beat out several other bidders for just a controlling stake for $79 million. Trump drove the company to near bankruptcy, and he offered $22 dollars a share for the remaining stock in the company to try and salvage it.

Merv Griffin came along and offered $35 a share. Trump and Griffin actually sued each other, and eventually came to an amicable agreement where Griffin got Resorts International including the Bahamas and Trump bought the Atlantic City Taj Mahal for $270 from Resorts International. Trump went on to raise $500 million to finish the casino and bankrupted it and sold it to Carl Icahn who was forced to close it.

Griffin continued to own Resorts International when he started defaulting on the junk bonds that he issued to finance it. He put up PI for sale with no takers. In 1994 Griffin underwent bankruptcy again and Sol Kerzner bought the Paradise Island property.

At the time Trump owned controlling interest in Resorts International, the PI property was never valued at anything more than $25 million. Trump's focus was Atlantic City, and that is why Merv ended up with Paradise Island. Both Merv and Trump were financed by shyster Mike Milliken's junk bonds from Drexel Burnham Lambert which disastrously flamed out for both Trump and Griffin causing bankruptcy. Milliken went to jail.

Donald thought that PI was not worth his while. He did not buy anything from Merv Griffin.

Comrade Banker, you couldn't be more mixed up on denying The Donald's purchase of a majority stake in the Paradise Hotel and Casino which he acquired from Merv Griffin. A cousin mine, a well known QC handled the sale for Merv Griffin.

Please read the following link and stand corrected:

https://en.wikipedia.org/wiki/Resorts_I…

*Real estate developer Donald Trump, who owned two Atlantic City casinos, beat out several other bidders to purchase a controlling stake in the company from Crosby's family for $79 million in July 1987.[26]*

IZMIRILIAN has all the ammunition he needs to take CCA and China EXIM bank to take the Chinese to court and prevail and easily prove that it was the construction company's incompetence and/or collusion that caused his demise with Bah Mar. But maybe he has been made timid by the previous government's laST REACTION TO HIS ATTEMPT TO SEEK JUSTICE.

I have six adirondack lawn chairs for sale at 1,000 each. call me.

Don't. They will blame the non-opening on you, because your adirondack chairs are the wrong colour.

I looked into my crystal ball and can foresee a future headline

**"CCA Fearing Baha Mar Opening"**

That's the day when the world will see just what a shithole we have been saddled with after our Chinese overlords have completed their "construction" and the first negative blogs and customer reviews start to surface

The fact is the Chinese don't really want to open and operate no hotel. They got their claws on the property like they wanted so so hurry to go nowhere soon. Watch what is happening with the Chinese owned hotel properties in Freeport and even with the Pointe in Nassau. It's the property they want stupid. They will only complete and open if forced to. Maybe the PM will have to inteervene, eventually. Do a financial evaluation of Sarkis Izmirilian and see if he is capable of getting the properties finished and opened. Then talk to the Chinese in no uncertain terms: Get the hotels finished and opened or we will take possession of the property (legally) and find a buyer. Remember while the property is in the hands of china EXIM bank there is no 'real
creditor, so no pressure to generate revenue to pay a mortgage. And since then 'done gat" Izmirilain's $900 million, they can afford to stall.

Your probably right. Maybe the Chinese want to take over the Bahamas. I know you don't want that. Those communist bastards tell their citizens where they live, what job they are allowed to do, how many kids they can have and they take 80% of their pay check. Of course there is more but too many things to list. Don't do business with these people.

Also I thought it was open. They are advertising on television in the States that they are open. The commercial is very inviting. It makes you want to go. It showed a aquarium like at Atlantis. Do they have one or are they adding footage from Atlantis?

Comrade Banker, your argument grows weaker with each attempt at confusing the sale between Donald Trump and Merv Griffin, post. Just because Trump never took a physical ownership possession of Paradise island Hotel & Casino - it had absolutely nothing to do with the fact of Merv's simultaneously selling the Taj Mahal casino and Resorts' fleet of helicopters and other real estate back to Trump for and undisclosed sale amount. I would set the music to the Trump and Merv deal to the baby and the carriage nursery rhyme.

Oh for fook's sakes. I don't have an argument. I have the facts. You have hearsay from a bloviating putative cousin. Trump owned majority interest in RI. It was on the verge of going bankrupt, like the minds and public purse of PLP. He needed money to complete Atlantic City Taj Mahal. He offered $22 per share for ALL of the outstanding shares that he did not own. He owned majority at this point, which he bought from James Crosby.

The minority shareholders were incensed at the Trump low-ball offer. Along comes Merv. He offers $35 for all shares. This ruins Trump's plan. The minority shareholders vote to accept Merv's offer. At this point, Trump still owned majority shares. Trump, seeing a way out, split the company and he kept Taj Mahal. Merv took over the rest of the company. At no point did Merv own majority when Trump was present. As a matter of fact, the sale of the Taj Mahal helped Merv acquire the majority of shares of RI. This is not opinion or argument. This is fact. I am not like the PLP and make up shiite like you do. I just report the facts and stick to the truth. Y'all can't handle the truth.