Could be 10years old... The reality is he was squatting, I dont think he was trying to make a point

Not necessarily. The real problem over this entire saga is that the SEC appears not to have exercised its obligation to protect the public. They've instead acted like promoters and marketers for the industry, it's very very weird

Just 2 weeks ago I heard another in a slew of very risky investment sales pitches relayed as something anyone could get into. There was no talk of risk assessments or risk profiles, the host just aided the discussion on how *Bahamians could get involved*. These types of advertisements should not be allowed for the general public. And should certainly not be given without stressing the kinds of disposable income that an individual is advised to have to be considering it.

That's the problem with the crypto talk. The idea that its wise for "*anyone*" to get in it. Yes "*anyone*" can granted they have enough money to buy, and there "*could*" be profit, but the risk is 2000 times and has greater significance for the low to middle class worker as opposed to the billionaire in Lyford Cay. Risk is not bad but has to be understood.

The message about types of investment, what's suitable for who and investing what you're prepared to lose in risky investments should be stronger

Every administration to date has treated information as a thing to be hidden and manipulated. And we're talking about information where there is an obligation to share. Is it unpleasant to reveal bad news? Yes. Noone likes to do it especially if it ultimately reflects poorly on them, but in the end the openness itself builds trust. Unravelling a web of misstatements, secrets and at times deceptions does the opposite. Trust is an invaluable commodity for a political organization

"*Christina Rolle, the Securities Commission’s executive director, the regulator is “limited” in what it can say about FTX on the grounds that the crypto currency’s failure is being dealt with by the court system*"

The US court system is saying **alot** about the lack of oversight

"*After I walked home from the beach I went to wash my feet and noticed it had two inches of what I thought was tar,” she said.*

*Mrs Joyce and her husband are part-time **residents and second homeowners at the gated community for almost 18 years.***

***“We never seen anything like this**,” she said when The Tribune visited the site on Wednesday.*

The thing is this 2020 story only points out one issue Wartsilla (finally spelled correctly) advised the govt against. We may not know, but it's in the realm of possibility that every single issue we're experiencing is because they ignored the advice of the suppliers. Cambridge already said *we're not experiencing the fuel savings anticipated* and I believe he linked that to modifications "*we*" made to the recommended design. "*Cutting corners*" as Mrs Deal put it.

**Bizarro world.** All of these problems originated from decisions made under Bannister. Just remember the *makeup* explanation

Repost from yesterday:
*I hear this narrative that persons speaking out about known issues at BPL must have some hidden agenda because Warsilla couldnt have been dumb enough to install engines at an unsuitable location*

*My immediate thought was the persons pushing this line of reasoning cant have lived here for more than a day and do not realize that in this country politics overrides common sense, good governance and sometimes the law.*

*Here is an extract from a **February 2020** BPL/Warsilla **Tribune story***

*BPL race to fix new plant issue: Minister orders firm it must resolve cooling problem with engines*

*Bahamas Power & Light is racing against time to have its new $95m electricity plant ready to meet peak summer demand after plans for its cooling system literally hit the rocks.*

*Tribune Business can reveal that the state-owned utility’s scheme to cool the 132 mega watts of newly-installed generation capacity by digging four 800-foot deep wells at Clifton Pier is in danger of running aground because the area’s rock structures have proven far more difficult to penetrate than first thought.*

*BPL has so far managed to reach just over 50 percent of the target depth on two of the four wells and, with summer’s peak demand just three-and-a-half months away, it has ordered an alternative radiator system as a back-up in case the original strategy fails.*

*Several drill bits have already been broken in efforts to reach the required well depth, this newspaper has confirmed, with sources suggesting that only two of the seven Wartsila-supplied engines which comprise BPL’s new generation capacity are currently online and being used amid the wait for a cooling solution.*

***Tribune Business also understands that BPL management was advised against the well cooling solution by Wartsila, which URGED the state-owned utility to instead purchase a closed radiator system, but executives decided to press ahead despite the supplier’s recommendation. The drilling woes, though, have finally forced them to alter course.***

*And, besides the challenges in penetrating the rock, this newspaper was also told that decades of oil spills and other BPL-related pollution at Clifton Pier means that the water pulled up by the wells to-date us unusable because it contains multiple forms of waste and harmful chemicals.*

***Desmond Bannister, minister of works**, confirmed*

I should add, "*which shouldnt be*", politics (honest) should not interrupt your ability to make a livelihood unfortunately it does. It's a very bad thing

Has no relevance. BTC service was terrible at the time. Remember the common diagnosis "*water in the lines*" that could take months or never to resolve? One of the justifications for the sale **was** improved service.

I see them collecting money along the roadside on weekends. And I always wonder what sort of accounting goes into that given that Mr Bain was found squatting in a house out Cable Beach. (Open question on how he gained access to the house) But if he's destitute and people are willing to give him money no questions asked... its their money to give and he should be able to eat. I suppose it would be difficult for him to find employmemt