For the benefit of Comrade Tal, I have it on good authority that the "damned dock" as you refer to it will become the Bahamas equivalent of the Great Wall as permission has been given to extend it all the way to the Pointe. It will enclose all of that property from Sands Beach to Baha Mar and no one will be able to enter or exit from the beach side.
Reposted: but relevant to Pinocchio's disappointment with staff losses. viv a vis Chapter 11 Relevance. I think that the key benefit ( for Izmirlian ), in retrospect, was to prevent / delay the mortgagor ( China Exim Bank ) from getting the majority shares in the project. These had been conditionally signed over by Izmirlian, should the project become insolvent. Therefore eximbank will be the defacto owner of Baha Mar,and it is unlikely that there will be any liquidation come Monday next. EXIMBank will recapitalize the project ( as owners) and begin to complete it with CCA, who will be their partner. I think that is perhaps why they would not LEND Izmirlian any more money. This is the final squeeze play in this drama.
BahamaPundit: I think that the key benefit ( for Izmirlian ), in retrospect, was to prevent / delay the mortgagor ( China Exim Bank ) from getting the majority shares in the project. These had been conditionally signed over by Izmirlian, should the project become insolvent. Therefore eximbank will be the defacto owner of Baha Mar,and it is unlikely that there will be any liquidation come Monday next. EXIMBank will recapitalize the project ( as owners) and begin to complete it with CCA, who will be their partner. I think that is perhaps why they would not LEND Izmirlian any more money. This is the final **squeeze play** in this drama.
I guess Christie will Dissolve Parliament right after Winder passes judgement on November 2nd. He nor anyone in the PLP can possibly offer to represent anyone in the Bahamas again much less offer to form another government. The PLP must be disbanded now, as a totally failed concept. It has had its day but can no longer serve anyone. The FNM and DNA will have to duke it out with whatever independents are prepared to serve, and see where we get. Whoever gains a majority must pledge to investigate the corruption and criminal negligence that the PLP have visited on the Bahamian people. And whoever is found wanting MUST pay the price ( Jail with NO BAIL) and when the proceeds are found ( and they can be ) they must be confiscated. This Country cannot continue anymore in the mode that it is in. They can either go willingly or have it taken back by the people and that won't be pretty.
birdiestrachan: Her Majesty The Queen and The PM will not be putting anything in their pockets: They have come from hundreds or years of civilization and civilized politicians don't tief, and don't take backhanders. Our people have had barely 300 years to become civilized and still only know what it looks like but don't practice it. When politicians tief in civilized countries they are removed. In the Bahamas they are applauded.
Obama and Clinton ignored the pleas from the Ambassador in Benghazi - You think they worried about some Chinkies tapping into their wires and conversations. Steffan done fixed up whatever they need from BTC. ( I mean for a price ) T'aint nutting es be free with dat.
well_mudda: I think you are right on the money here. While I can understand a foreign government investing in an Embassy in any country, I find it very strange that a foreign government ( or FG Agency ) is going to invest in a Commercial Enterprise in another country. It is stranger yet, when that foreign government ( or FG Agency ) is a self declared communist government !!! Maybe the fish is fresh, but it sure STINKS to high Heaven.
MonkeeDoo says...
For the benefit of Comrade Tal, I have it on good authority that the "damned dock" as you refer to it will become the Bahamas equivalent of the Great Wall as permission has been given to extend it all the way to the Pointe. It will enclose all of that property from Sands Beach to Baha Mar and no one will be able to enter or exit from the beach side.
On Baha Mar ‘gamble’ by Gov’t backfires on Bahamian jobs
Posted 26 October 2015, 11:41 a.m. Suggest removal
MonkeeDoo says...
Reposted: but relevant to Pinocchio's disappointment with staff losses. viv a vis Chapter 11 Relevance.
I think that the key benefit ( for Izmirlian ), in retrospect, was to prevent / delay the mortgagor ( China Exim Bank ) from getting the majority shares in the project. These had been conditionally signed over by Izmirlian, should the project become insolvent. Therefore eximbank will be the defacto owner of Baha Mar,and it is unlikely that there will be any liquidation come Monday next. EXIMBank will recapitalize the project ( as owners) and begin to complete it with CCA, who will be their partner. I think that is perhaps why they would not LEND Izmirlian any more money. This is the final squeeze play in this drama.
On Baha Mar ‘gamble’ by Gov’t backfires on Bahamian jobs
Posted 26 October 2015, 11:37 a.m. Suggest removal
MonkeeDoo says...
BahamaPundit: I think that the key benefit ( for Izmirlian ), in retrospect, was to prevent / delay the mortgagor ( China Exim Bank ) from getting the majority shares in the project. These had been conditionally signed over by Izmirlian, should the project become insolvent. Therefore eximbank will be the defacto owner of Baha Mar,and it is unlikely that there will be any liquidation come Monday next. EXIMBank will recapitalize the project ( as owners) and begin to complete it with CCA, who will be their partner. I think that is perhaps why they would not LEND Izmirlian any more money. This is the final **squeeze play** in this drama.
On ‘Complete disaster’ for 2,026 Baha Mar workers
Posted 26 October 2015, 11:32 a.m. Suggest removal
MonkeeDoo says...
**believe in bahamians**
On That painting
Posted 26 October 2015, 11:08 a.m. Suggest removal
MonkeeDoo says...
I guess Christie will Dissolve Parliament right after Winder passes judgement on November 2nd. He nor anyone in the PLP can possibly offer to represent anyone in the Bahamas again much less offer to form another government. The PLP must be disbanded now, as a totally failed concept. It has had its day but can no longer serve anyone. The FNM and DNA will have to duke it out with whatever independents are prepared to serve, and see where we get. Whoever gains a majority must pledge to investigate the corruption and criminal negligence that the PLP have visited on the Bahamian people. And whoever is found wanting MUST pay the price ( Jail with NO BAIL) and when the proceeds are found ( and they can be ) they must be confiscated. This Country cannot continue anymore in the mode that it is in. They can either go willingly or have it taken back by the people and that won't be pretty.
On ‘Complete disaster’ for 2,026 Baha Mar workers
Posted 25 October 2015, 5:54 p.m. Suggest removal
MonkeeDoo says...
birdiestrachan: Her Majesty The Queen and The PM will not be putting anything in their pockets: They have come from hundreds or years of civilization and civilized politicians don't tief, and don't take backhanders. Our people have had barely 300 years to become civilized and still only know what it looks like but don't practice it. When politicians tief in civilized countries they are removed. In the Bahamas they are applauded.
On Wake up, speak up!
Posted 25 October 2015, 5:03 p.m. Suggest removal
MonkeeDoo says...
Obama and Clinton ignored the pleas from the Ambassador in Benghazi - You think they worried about some Chinkies tapping into their wires and conversations. Steffan done fixed up whatever they need from BTC. ( I mean for a price ) T'aint nutting es be free with dat.
On Butler-Turner points finger of blame at Christie administration
Posted 25 October 2015, 4:54 p.m. Suggest removal
MonkeeDoo says...
Wow ! I guess the penny dropped. !
On That painting
Posted 25 October 2015, 4:48 p.m. Suggest removal
MonkeeDoo says...
**Weapons of Mass Destruction:** You mean Christie Ingraham and Davis - Attorneys ?
On PM ‘disappointed’ with liquidators’ decision
Posted 25 October 2015, 4:43 p.m. Suggest removal
MonkeeDoo says...
well_mudda: I think you are right on the money here. While I can understand a foreign government investing in an Embassy in any country, I find it very strange that a foreign government ( or FG Agency ) is going to invest in a Commercial Enterprise in another country. It is stranger yet, when that foreign government ( or FG Agency ) is a self declared communist government !!! Maybe the fish is fresh, but it sure STINKS to high Heaven.
On Bran slams PM over 'false disappointment' on Baha Mar
Posted 25 October 2015, 4:36 p.m. Suggest removal