They are trying to put measures in place to prevent similar situations from happening in the future. They are trying to appoint members to the board who are minority shareholders to prevent the bank from making political loans and loans to unqualified persons and there is a good chance that the bank can return to profitability by third or fourth quarter 2017. If the bank was to shut its doors the minority shareholders would lose everything and whilst persons have expressed interest in purchasing the bank it may need to do more housecleaning before is can fetch a fair price. Banks are paying $43.92 interest on a $100,000.00 fixed deposit for one year. So investing in BoB considering its potential may not be as risky as you think.

RBC-Finco has paid no dividends since 2014. The local subsidiary of RBC Canada has paid no dividends in two years. Not denying that BoB was revised and raped but have y'all forgotten that Predident Barsk Obama had to bail out some of the biggest banks in the USA? And have y'all forgotten that the bank problems was also because of irregular banking practices, similar to BoB where the banks were giving improperly secured loans to unqualified lenders. What made things worse was they then sold these loan portfolios to unsuspecting international banks, which help to lead to one of the greatest financial crisis and economic depressions in the history of mankind. So BoB is no exception. Remember also critics were saying Obama was trying to nationalize the banks and the automobile industry, whom he also bailed out. Fortunately all the companies were able to recover and repay their loans from the US government with hefty interest. Because of the stellar performance of BoB before it got financially ravished and rape it deserves a bail out. So be fair in your comments. The government has probably spent more money trying to rescue and revive Bah Mar than it spent bailing out BoB. Bah Mar has yet to generate revenue or prove it is a viable, sustainable or profitable entity.

*RBC hasn't paid a dividend in two years

What is unbelievable is that BoB continue to suffer these huge losses when banks like Fidelity and Commonwealth continue to record record profits. But RBC and Scotia continue their downsizing and reorganizing strategies. Tabac hasn't paid a dividend in two years. So was the $24 million loss as shocking as the headline is screaming? BoB did say it will be at least mid 2017 before it returns to profitability and since their losses are declining, this may still be possible. So of course risk takers will take advantage of the rights offering and it just may pay off.

how much will bah mar lose by being delayed? In 2004 Atlantis had a total revenue of $680 million and a gross profit of $157 million and net profit of $58 million. That was before the Third phase expansion which saw the property size double so it is safe to guesstimate that Atlantis now sees gross revenues of at least $1.2 billion and net profits of at least $100 million. If you were to relate these figures to Bah Mar based on size and amenities one could modestly assume Bah Mar having an annual revenue of $700 million. Since the project will be delayed some three years if it is to open in winter 2017 one can safely assume lost revenue of $2.1 billion. And if you add on the lost in spoofs (employee salaries being spent , utilities being paid, goods and services being dupplied, taxes being paid etc., this figure quickly multiplies. The real amount may never be known but $3.5 billion would be conservative.

Tropical wave has made a 180 degree turn and is expected to hit South Florida as a named tropical storm

Zola has now been found in Fifty countries including Singapore which has very high public health standards

Then there's research going on to create good that don't carry the virus and vaccines to prevent it. All controlled and financially beneficial to the same people

I don't need to share anything. Just listen to the news. The US is now requiring all persons donating blood to be tested for Zika. Do you know how many thousands will have to be tested? Persons showing up with Zika symptoms will also be tested along with persons they may have come in contact with or had sex with. Expecting mothers will be tested and if they show symptoms do will their partners. Do you know how many billions will be made on testing for Zika alone? And who owns the patent rights for the tests? Then there is the treatment for those who have the virus and the spraying and preventative measures to control the disease that has now gone global. And a good portion of every dollar spent hoes back to the pirouette who 'own' the Zika virus.

and as always you continue to demonstrate ignorance with your ignorant and clueless posts. you give kalik a bad name, you Bahamian hater. Go and do some research. dummy. See who has patented the Zika virus, the Chikuguna virus, Ebola and who owns all rights and patents to any strains of these viruses, and vaccines and or medications discovered or created to cure, treat or control these viruses. A multi-billion dollar operation that was going on for many years. when you want to criticize other persons posts do it with some intelligence and credibility or if not, at least common sense. They used the fear of Zika to make the 2016 Olympics ir Rio one of the least attended in decades.