Once IMF is in this buyback won’t work as bondholders will sit back and wait. They already f….d themselves the train has left the station. See what Singer did with Argentina. And unlike The Bahamas they had well educated people in government.
Poor financial sector - have to buy Government Debt and now have to write down - Bahamas 2020:2032 bond trading at 59% so 41% writedown for now - that’s the meltdown.More to come. The market is always right not dumb politicians.
Freeport to Raleigh Durham? Hopefully Our Lucaya will have few rooms available prior to deal closing by November…which November? 2032? What a nonsense. Tragedy. Must be Grade F strategy,
What else to expect from incompetence of government running any SOE? Where’s the difference going to? Someone’s pockets for further distribution? Bahamians suffer. Really docile people.
Yes excellent idea so the numbers houses can quickly launder money and rip off Bahamians. Will need some more diplomatic passports so ambassadors at large can travel through the US.
Maximilianotto says...
Jokers
On Lucayan’s $1m staff debt safe
Posted 20 October 2022, 6:36 p.m. Suggest removal
Maximilianotto says...
Greetings to Halkitis and Minister of Finance
https://www.washingtonpost.com/news/bus…
You can’t stop it.
On Minister: ‘Nothing wrong’ with the Bahamas’ bonds
Posted 19 October 2022, 4:39 p.m. Suggest removal
Maximilianotto says...
Once IMF is in this buyback won’t work as bondholders will sit back and wait. They already f….d themselves the train has left the station. See what Singer did with Argentina. And unlike The Bahamas they had well educated people in government.
On Minister: ‘Nothing wrong’ with the Bahamas’ bonds
Posted 19 October 2022, 4:37 p.m. Suggest removal
Maximilianotto says...
https://www.forbes.com/sites/risasarach…
On FTX to hire more than 100 Bahamians for crypto work
Posted 19 October 2022, 2:30 p.m. Suggest removal
Maximilianotto says...
Already s……g in their pants. Let the market speak not incompetent politicians. It’s the economy,stupid! Goldman Sachs repo next to blow up.
On Minister: ‘Nothing wrong’ with the Bahamas’ bonds
Posted 19 October 2022, 12:36 p.m. Suggest removal
Maximilianotto says...
Poor financial sector - have to buy Government Debt and now have to write down - Bahamas 2020:2032 bond trading at 59% so 41% writedown for now - that’s the meltdown.More to come. The market is always right not dumb politicians.
On Bahamas’ ‘rosy picture’ not making the grade
Posted 19 October 2022, 11:43 a.m. Suggest removal
Maximilianotto says...
Freeport to Raleigh Durham? Hopefully Our Lucaya will have few rooms available prior to deal closing by November…which November? 2032? What a nonsense. Tragedy. Must be Grade F strategy,
On Bahamas promoted to Carolina investors
Posted 18 October 2022, 2:36 p.m. Suggest removal
Maximilianotto says...
What else to expect from incompetence of government running any SOE? Where’s the difference going to? Someone’s pockets for further distribution? Bahamians suffer. Really docile people.
On Grand Bahama electricity costs 40% below rest of Bahamas
Posted 17 October 2022, 1:47 p.m. Suggest removal
Maximilianotto says...
Simple solution - take price controlled items off the shelves and just wait.
On No sanctions over price control ‘death warrant’ execution
Posted 17 October 2022, 1:25 p.m. Suggest removal
Maximilianotto says...
Yes excellent idea so the numbers houses can quickly launder money and rip off Bahamians. Will need some more diplomatic passports so ambassadors at large can travel through the US.
On Long Island cruise port build-out to hit $500m
Posted 17 October 2022, 8:49 a.m. Suggest removal