On 97% completion you'll change the management so you'll work through each percent and it's documentation to understand what you are dealing with in order to get the last 3% done. Any CEO of any company would get straight fired only suggesting that - yet here they are already doing it on a 3.5b$ project - unbelievable ...

In the last 3 months i've seen a lot of business deals fallen through because of the Baha Mar case and how the government handles this so far. In total maybe 15 million - which might not sound much but consider that's only what i personally counted in my business circle. I don't want to know the real number here, considering i've only been here since 2015. <br><br>These statements seriously need to stop, you can't take these people seriously anymore, and while it's entertaining to see the foreign minister seeking to take residencies away while one would suspect that this minister should work "for" foreigners it really hurts this countries reputation and makes it hard to advertise this place´. Now this guy is coming and saying "we all gonna win here" - it's not true, not logical and not honest and you know it.

Those are the people who don't want your country to succeed... or chinese... if it isn't the same.

When i came to the island back in April a lot of neighbors working for Bahamar told me they are having huge problems with the chinese not working properly or doing the things they were told to do. Word was that the chinese love to go "cheap" on their work to cut costs, even when instructed how to do things the proper way they ignored those instructions doing their own thing. Apparently this issue started already way back in October 2014...

"especially when it came to influencing the perceptions of existing and potential investors"<BR>
Less talking for Freddy now i guess..

It's rather a "drive foreign investors away or not".

I tend to disagree. You would own a share and you would liquidate the property yourself - legally allowing the Bahamas to take the best pick. In addition to that you could have negotiated to give a 175m guarantee, but in return receive equity shares to an amount that actually covers all your interest/costs plus some profit. E.g. ask for 250m equity shares for a 175m guarantee. And let's not forget, your got downgraded now because of wrong actions taken, at the point you had the opportunity the country was not downgraded by S+P. Sarkis is confident and willing to complete the project, it's a project he spent 13 years of his life on, so if you offer him a helping hand even for a super high price in case he fails i'm sure he would rather take that than seeing what he worked for going down.

So in short, a poor government decision caused all of this. I'm missunderstanding something here ? If Sarkis succeeded the guarantee would have saved the resort. If Bahamar would not succeed the Bahamians would own a share of the resort and get their money back when it gets liquidated. Sounds like both options would have been a big win - in any case. What possible reason could have been there not to assist Sarkis with this fantastic solution for the Bahamas ? I keep reading this article, thinking i must be missing/not understanding something, because this article makes the decisions made look even more stupid if i understood every correctly. Can someone clarify ?

Just change the story. You can make it a comedy movie now starring Eddy Murphy as the Freddy, Martin Lawrence as the PM. Statements by the government of the last weeks provide so much content for a great comedy movie... Jim Carrey could be Sarkis getting a psychological evaluation from Freddy or be hunted on a jetsky infront of the Bahamar to take is residency away...

Ken Jeong from "The Hangover" could be the CCA CEO...

Public Health Insurance makes sense for all nations, not matter what size. The corporations just worry about their profits and the amount of service they have to provide. In germany, being health-insured, is one of the very basic rights of our nation. It will give those who have less more safety and makes life a bit better for everyone - knowing that if you get sick or need treatments things are covered should not be a luxury for the rich.<br><br> I consider myself wealthy and actually enjoy a german private world-wide health insurance, however, knowing that during bad times my government will be there for me at least when it comes to health is something i wouldn't want to miss at all. And one of the reasons why my health insurance is so good is actually because there is a public health insurance, so private health insurance has to be significantly better than the public one.<br><br> I cannot imagine how anyone who does not benefit income-wise from health insurance would actually think that a public health insurance is a bad thing.