Is it not a conflict of interest that Paton sits as a Director on Securities Commission and appoints his fellow Partner Simms at Law Firm Lennox Paton as Liquidator … no wonder John Ray and the rest of he World takes issue with he way we do “business”!?!
It is obvious that John Ray is operating in the “real” World … and the Bahamian approach of not picking up the phone … not answering the door … gone for Lunch … not answering e-mails … the Cheque is in the mail … or calling your Cousin, who just happens to be a Politician, Police Officer, Lawyer, Bank Manager, etc., etc. will not work in the “real” World!
As for the Bahamian Citizens, whose names John Ray will publish shortly, unless they had Central Bank approval, their investments in Crypto were illegal … so if not prosecuted promptly, Exchange Control has at long last finally been effectively abolished thanks to this FTX implosion!
…. leaving aside the political motivations in sabotaging what was heralded as the largest investment ever in the Caribbean … it sure would have been nice to have had all that “cheap” oil in storage, as opposed to now arguing again for political points over hedging against now “high” oil prices … Black Crab Syndrome on full display at huge expense to the Bahamian people who now suffer the consequences.
Baha10 says...
Is it not a conflict of interest that Paton sits as a Director on Securities Commission and appoints his fellow Partner Simms at Law Firm Lennox Paton as Liquidator … no wonder John Ray and the rest of he World takes issue with he way we do “business”!?!
On ‘FTX BAHAMAS CHIEF CONFESSED TO FRAUD’: Securities Commission director says admission led to liquidation move
Posted 15 December 2022, 11:04 p.m. Suggest removal
Baha10 says...
Good point!
On ‘FTX BAHAMAS CHIEF CONFESSED TO FRAUD’: Securities Commission director says admission led to liquidation move
Posted 15 December 2022, 10:57 p.m. Suggest removal
Baha10 says...
🙈🙉🙊
On SBF deal with Deltec chief’s US bank ‘highly irregular’
Posted 14 December 2022, 9:45 p.m. Suggest removal
Baha10 says...
The 🐓 🐓🐓🐓🐓🐓🐓🐓🐓🐓are roosting!
On New FTX CEO: Bahamas is not transparent
Posted 14 December 2022, 9:19 p.m. Suggest removal
Baha10 says...
Forget Black Lists … forget the IMF taking over … and forget 50th Independence Anniversary, as could be 51st 🇺🇸 State if we are not careful!
On FTX’s US chief hits PM, AG over ‘total stonewall’
Posted 14 December 2022, 7:30 p.m. Suggest removal
Baha10 says...
🏴☠️ … John Ray 💣 … 🇧🇸🙏🏳️
On ‘Shut down’ on FTX $300m Bahamas assets safeguard
Posted 14 December 2022, 7:25 p.m. Suggest removal
Baha10 says...
It is obvious that John Ray is operating in the “real” World … and the Bahamian approach of not picking up the phone … not answering the door … gone for Lunch … not answering e-mails … the Cheque is in the mail … or calling your Cousin, who just happens to be a Politician, Police Officer, Lawyer, Bank Manager, etc., etc. will not work in the “real” World!
As for the Bahamian Citizens, whose names John Ray will publish shortly, unless they had Central Bank approval, their investments in Crypto were illegal … so if not prosecuted promptly, Exchange Control has at long last finally been effectively abolished thanks to this FTX implosion!
On FTX’s US chief hits PM, AG over ‘total stonewall’
Posted 14 December 2022, 6:56 p.m. Suggest removal
Baha10 says...
…. leaving aside the political motivations in sabotaging what was heralded as the largest investment ever in the Caribbean … it sure would have been nice to have had all that “cheap” oil in storage, as opposed to now arguing again for political points over hedging against now “high” oil prices … Black Crab Syndrome on full display at huge expense to the Bahamian people who now suffer the consequences.
On Minnis blames Christie Gov’t for Oban debacle
Posted 13 December 2022, 7:14 p.m. Suggest removal
Baha10 says...
…. extraction by Black Hawk is Option 2 … don’t mess with the 🇺🇸!
On AG announces arrest of Sam Bankman-Fried
Posted 12 December 2022, 7:51 p.m. Suggest removal
Baha10 says...
1st Domino falls …
On AG announces arrest of Sam Bankman-Fried
Posted 12 December 2022, 7:20 p.m. Suggest removal