Agreed Banker............the entire scheme is to keep coming up wit fancy projections etc, bump the stock price up, and try make some money that way.

Stay focused Fred...........what will others write about you when you are no longer in public life?

Lets break out the bill boards.

A Bahamian, can, should and must do it. For too long we have been saying Bahamians cant ride a bike, while at the same time never letting them actually get on one.

Alll the people rehired must be paid!

Interesting...maybe we need GrandThornton to do an forensic audit to see where the monies went, if the increase was approved etc etc. $860K should be enough to pay for it.

@getrightbahamas:
no one is defending the banks, we are defending ourselves. Have you not heard many bahamian business owners, including Mr. Roberts of super value lament about how increased costs, whether shipping, taxes, electricity etc, will have to be passed on to consumers? the same principle applies here. The Government does need more revenue, but lets not kid ourselves, it will ultimately come from the pockets of the average Bahamian.

Tax the struggling
and give to the "less fortunate"

All this means is the projected 20-25 million will be passed on to the public by the commercial banks. They will not absorb those costs. Expect to see ABM, OTC fees increase, maybe loan processing fees increase etc. This way the Govt gets to have its cake and eat it too. Mr. D'Aguilar demonstrates this point most effectively. The average person will lament: "yea, the govt need to tax these foreign banks", not realizing the banks will effectively be the collection agency for the government, because as stated, the fees will be passed through to consumers.