Mind you murders and crime have created thousands of jobs for lawyers who keep increasing in numbers per size of the population, in renting/owning office spaces, hiring secretaries and office staff, jobs for bankers to manage their fees, construction work for offices, mansions, other businesses they operate, jobs for florists to make wreaths and flowers for the church or send in sympathy, sympathy cards, jobs for limo drivers, jobs for funreal homes, limo drivers, tailors and seamstresses to sew and alter clothes, jobs for the print shops to print funreal programs, persons who build caskets, grave diggers, construction of crypts, graveyard landscapers, funreal homes to host funreals, persons employed to clean churches, jobs for cremators, jobs for organists, on the police side more cars are bought to create jobs for mechanics to repair their flashing lights and engines, more policemen and women are hired, office staff, more investigations require more paperwork and filing, more uniform clothing is required, more court personnel are needed, more jailors and jail facilities are required, more church personnel are needed to visit those in jail, more church preachers are needed to say nice things at the funreals on the deceased and fees and collections taken etc., persons only get hurt in crime provide jobs for ambulance personnel, doctors, nurses, medicines, proceeds of crime can enter financial institutions if it is not detected and create jobs for bankers and persons who are hired to detect it, proceeds of number houses can be deposited to well at least one bank and create jobs, money in the bank can create jobs by way of construction of homes, lawyers are hired to represent banks and the customers at the same time creating jobs etcetcetc I can go on so indeed one can by now see CRIME does pay and provide thousands of jobs and will be legally computed in various data banks as persons are hired and NIB is paid. It appears for every murder dozens of persons benefit from legitimate jobs created.
Well to make a profit and cover depreciation and pay staff, repay outstanding oil suppliers, pay dividends we will wind up with another Bank of the Bahamas senario only this time only the wealthy will be able to pay their bill to keep their lights on and those who can steal electricity.
Waste to energy and bio diesel already being done with the conversion of cooking oil. Sadly what should be mentioned and investigated given the sheer mileage of coastline, inlets, Cays and rocks should be the accessing of tidal power which Bahamians should be exploiting instead of copy catting other countries. Everyone need not individually have to purchase a solar system. Given the tidal flow at Potters Cay one would have seen the enormous potential. On the matter of privatizing BEC which just changed to BPL a re-branded company which promptly experienced blackouts we would prefer that the company be again re-branded with the name Power and Light because everytime the lights go off our good name which hasn't done anyone one harm has to be mentioned in a disparaging and negative context. If the company is not prepared to fire incompetent staff and do better then please do not attach our country's name 'Bahamas' to your incompetence. Blaming old equipment is not the problem, rather it is the senior management who knew and did nothing to correct. Disappointed crime, tackling corruption, Bank of the Bahamas or carrying out Hangings is not mentioned.
white collar crimes should include investigations where individuals or groups are victims of Banks, Insurance Companies etc where the victim is obviously left broke and has noone to turn to as lawyers will claim to have a conflict in representing the victim in challanging these institutions as they fear being denied future business. This crime include Bankers not acting with due care and attention in your loans causing cathostrophic failure also being negligent in not ensuring that you are given a fair chance of success etc, not asking questions etc or should have known but did nothing etc. White collar crimes include land fraud, questions of quieting of titles, ripped off by car sellers, businesses. investigations are needed into govt entitities where auditors have raised questions like road traffic, hospital, junkanoo carnival Banks being cited in charges involving COB employee depositing questionable funds. bank of the bahamas where share prices have suddenly dropped. ALSO needed are inquires involving employees terminated who have responsibilities for protecting institutions but were given a salary payoff instead of being fired for not protecting these institutions. white collar crimes need to be mentioned and investigated.
True yinna can talk 'bout Security personnel, cameras, assaults, burgularies, car tiefing BUT yinna forgets to point out white collar crime where fraud and tiefing going on in teh fancy plush carpeted with air conditioning piping and attractive girls greeting customers. unbelievable that fraud and tiefing by fellas who just as bad as those who shootin and jookin an raping is not mentioned especially in second largest industry sector of an international Financial nation. When bankers do not practice due care and attention and are just plain negligent and when the Bahamas has around a billion dollars in bad debt attributed to bad loans the highest in the Caribbean in mortgages and some 4,000 mortgage account holders and only these people are blamed for the default without any public investigation whether loan officers were negligent, acting without due care and attention - mind you all the loan application forme have been now changed indicating that it was not right or simply loan officers were trying to meet high loan targets set by foreign countries is highly suspicious that all the customers were wrong but noone in any bank did wrong. Disappointed that wannabee politicians want to be elected first but cat gat dey tongue when it come bout talkin on white collar crime. When bankers are caught it would appear there is some settlement and they move on with another financial job elsewhere. Look at all those persons get let go and in cases actually get a severencing or payment and the story never hits the newspaper. And yinna think murderin and jookin an tiefing can a sardine is big - yinna needs to look at white collar crime too.
Actually not a bullhorn but two larger speaker systems. The large flag to unveil the sign. The lamp pole is across the street from SunTee which should be a major concern as it carries live wires and an number of wires likely phone, internet, cable and rather than it falling and hurting passers bye and blocking traffic with metal pole and wires all over. No sense re branding for something now known to be worse as the hurricane experience just proved when they should have stayed with the same name BEC a product accepted for continuous blackouts. You do nor rebrand until the product is known to be better. Calling something by a different name does not change it.
Disorganized event at the Mall at Marathon where customers were rushing to pay electricity bills with just a few dollars deposited to get a chance to spin the wheel for a prize. Chaos as those there were calling their friends and family to rush through the traffic to pay a few dollars on their bill to get a chance to spin the wheel. The mc with a bull horn in the small space (inside the BEC Marathon office with the door closed as customers enter) and no apparent procedure correlating the bill payment with the chance to win a spin at the spinning wheel. From the photo above it appears that the flag was measured too long as it would cover the BPL logo. The PR money should have been spent at fixing some of the street lights still not working or the lamp pole almost falling over in front Sun Tee on Shirley St which half the island sees daily for the past four months after the hurricane.
Very good for the Prime Minister to get involved. Apparently none of the political candidates has the knowledge or fortitude to tackle this issue involving the people's money but yet want to be elected to be the next government managing an eight billion economy. Mr. Prime Minister please look into how many persons qualified for loans by examining the TDSR total debt service ratio to ensure that the mortgagor had the ability to service the repayments totaling 45% of their income and that the officer ensured that the remaining 55% of income was sufficient to allow the customer to survive. Please ensure that a quick test of the accounting shows that what the customer says they do not spend should show in assets accumulated in a balance sheet. If not then look into extraordinary expenses which could have depleted assets which could have been shown. Mr Prime Minister please also check that the Bank officers did not just give out loans without thorough checking and as a fiduciary duty to their customers who paid a bank fee for this service as many Bahamians would have gone to make such a large decision for the first time and expected that the bank and officers and policies were there to help them for success. Mr Prime Minister also check into officials and officers who were privy to these accounts and if lack of action on their part is noted then they should also be accessory and liable. There must be a public enquiry. Mr Prime Minister it is hard to believe that to date noone has been punished or fired. Noone believes that the computers are to be blamed. These are some very simple and basic stress checks. Where bankers and management are guilty they should be punished as they are in our neighboring banks in the United States.
Given that the foibles of the BoB passed through the hands of both political parties for significant periods one would have believed that Mr D'Aguilar a few months ago was politically neutral was indeed the champion of the shareholders who believed in a Bahamian Bank and had the courage as patriots like 3,999 other Bahamians and placed their hard earned money in shares versus other 'investments, and, now that he has chosen to join the political arena to well you guessed it, to downplay and talk from the odda side a he mout is well, expected. Noone would want to complain now about anything that could hurt any a dey boys. Justice and fair play for many of Bahamians do not have the colour of any political party neither does the huge amounts of money lost have the colour of any political parties. Anyone trying to take bread outta people mout should be punished and if it should be any Bank officers so be it.
The challenges of this bank holds back better performance of the other banks backed by their own Bahamian shareholders funds from doing better as the govt intervenes in its support without holding management responsible. The internationally proper thing would be for the Central Bank to intervene and take over its operations. However for that to happen staff from the Central Bank who have loans at BoB or is paid from govt sources must be prevented from participating in the operation, thirdly persons related by blood must not be a part of the team, fourth persons holding a relationship and are from the same Family Island must be excluded, next persons being connected by virtue of being from the same church or social organization must be excluded, persons being from the same political party must be excluded. Obviously local agencies paid by the Bank should not be allowed to comment on the Bank they are investigating. In short given the aforementioned connections which may compromise correcting deficiencies it would be prudent to call in outsiders and the last outsider the Canadian report has never been published. As a part of he global financial centres where all are connected we must act first and fully examine the bank and punish wrongdoers and close if necessary so that the rest are not affected further.
bogart says...
Mind you murders and crime have created thousands of jobs for lawyers who keep increasing in numbers per size of the population, in renting/owning office spaces, hiring secretaries and office staff, jobs for bankers to manage their fees, construction work for offices, mansions, other businesses they operate, jobs for florists to make wreaths and flowers for the church or send in sympathy, sympathy cards, jobs for limo drivers, jobs for funreal homes, limo drivers, tailors and seamstresses to sew and alter clothes, jobs for the print shops to print funreal programs, persons who build caskets, grave diggers, construction of crypts, graveyard landscapers, funreal homes to host funreals, persons employed to clean churches, jobs for cremators, jobs for organists, on the police side more cars are bought to create jobs for mechanics to repair their flashing lights and engines, more policemen and women are hired, office staff, more investigations require more paperwork and filing, more uniform clothing is required, more court personnel are needed, more jailors and jail facilities are required, more church personnel are needed to visit those in jail, more church preachers are needed to say nice things at the funreals on the deceased and fees and collections taken etc., persons only get hurt in crime provide jobs for ambulance personnel, doctors, nurses, medicines, proceeds of crime can enter financial institutions if it is not detected and create jobs for bankers and persons who are hired to detect it, proceeds of number houses can be deposited to well at least one bank and create jobs, money in the bank can create jobs by way of construction of homes, lawyers are hired to represent banks and the customers at the same time creating jobs etcetcetc I can go on so indeed one can by now see CRIME does pay and provide thousands of jobs and will be legally computed in various data banks as persons are hired and NIB is paid. It appears for every murder dozens of persons benefit from legitimate jobs created.
On Bran: ‘Crime is killing economy’
Posted 8 February 2017, 9:11 p.m. Suggest removal
bogart says...
Well to make a profit and cover depreciation and pay staff, repay outstanding oil suppliers, pay dividends we will wind up with another Bank of the Bahamas senario only this time only the wealthy will be able to pay their bill to keep their lights on and those who can steal electricity.
On Deputy PM criticises FNM plan to privatise BPL
Posted 8 February 2017, 8:37 p.m. Suggest removal
bogart says...
Waste to energy and bio diesel already being done with the conversion of cooking oil. Sadly what should be mentioned and investigated given the sheer mileage of coastline, inlets, Cays and rocks should be the accessing of tidal power which Bahamians should be exploiting instead of copy catting other countries. Everyone need not individually have to purchase a solar system. Given the tidal flow at Potters Cay one would have seen the enormous potential. On the matter of privatizing BEC which just changed to BPL a re-branded company which promptly experienced blackouts we would prefer that the company be again re-branded with the name Power and Light because everytime the lights go off our good name which hasn't done anyone one harm has to be mentioned in a disparaging and negative context. If the company is not prepared to fire incompetent staff and do better then please do not attach our country's name 'Bahamas' to your incompetence. Blaming old equipment is not the problem, rather it is the senior management who knew and did nothing to correct. Disappointed crime, tackling corruption, Bank of the Bahamas or carrying out Hangings is not mentioned.
On FNM will seek to privatise BPL
Posted 7 February 2017, 7:58 p.m. Suggest removal
bogart says...
white collar crimes should include investigations where individuals or groups are victims of Banks, Insurance Companies etc where the victim is obviously left broke and has noone to turn to as lawyers will claim to have a conflict in representing the victim in challanging these institutions as they fear being denied future business. This crime include Bankers not acting with due care and attention in your loans causing cathostrophic failure also being negligent in not ensuring that you are given a fair chance of success etc, not asking questions etc or should have known but did nothing etc. White collar crimes include land fraud, questions of quieting of titles, ripped off by car sellers, businesses. investigations are needed into govt entitities where auditors have raised questions like road traffic, hospital, junkanoo carnival Banks being cited in charges involving COB employee depositing questionable funds. bank of the bahamas where share prices have suddenly dropped. ALSO needed are inquires involving employees terminated who have responsibilities for protecting institutions but were given a salary payoff instead of being fired for not protecting these institutions. white collar crimes need to be mentioned and investigated.
On Bahamas tops Caribbean on crime’s economic cost
Posted 7 February 2017, 8:17 a.m. Suggest removal
bogart says...
True yinna can talk 'bout Security personnel, cameras, assaults, burgularies, car tiefing BUT yinna forgets to point out white collar crime where fraud and tiefing going on in teh fancy plush carpeted with air conditioning piping and attractive girls greeting customers. unbelievable that fraud and tiefing by fellas who just as bad as those who shootin and jookin an raping is not mentioned especially in second largest industry sector of an international Financial nation. When bankers do not practice due care and attention and are just plain negligent and when the Bahamas has around a billion dollars in bad debt attributed to bad loans the highest in the Caribbean in mortgages and some 4,000 mortgage account holders and only these people are blamed for the default without any public investigation whether loan officers were negligent, acting without due care and attention - mind you all the loan application forme have been now changed indicating that it was not right or simply loan officers were trying to meet high loan targets set by foreign countries is highly suspicious that all the customers were wrong but noone in any bank did wrong. Disappointed that wannabee politicians want to be elected first but cat gat dey tongue when it come bout talkin on white collar crime. When bankers are caught it would appear there is some settlement and they move on with another financial job elsewhere. Look at all those persons get let go and in cases actually get a severencing or payment and the story never hits the newspaper. And yinna think murderin and jookin an tiefing can a sardine is big - yinna needs to look at white collar crime too.
On Bahamas tops Caribbean on crime’s economic cost
Posted 6 February 2017, 7:46 p.m. Suggest removal
bogart says...
Actually not a bullhorn but two larger speaker systems. The large flag to unveil the sign. The lamp pole is across the street from SunTee which should be a major concern as it carries live wires and an number of wires likely phone, internet, cable and rather than it falling and hurting passers bye and blocking traffic with metal pole and wires all over. No sense re branding for something now known to be worse as the hurricane experience just proved when they should have stayed with the same name BEC a product accepted for continuous blackouts. You do nor rebrand until the product is known to be better. Calling something by a different name does not change it.
On BPL lights up headquarters for brand launch
Posted 4 February 2017, 12:59 p.m. Suggest removal
bogart says...
Disorganized event at the Mall at Marathon where customers were rushing to pay electricity bills with just a few dollars deposited to get a chance to spin the wheel for a prize. Chaos as those there were calling their friends and family to rush through the traffic to pay a few dollars on their bill to get a chance to spin the wheel. The mc with a bull horn in the small space (inside the BEC Marathon office with the door closed as customers enter) and no apparent procedure correlating the bill payment with the chance to win a spin at the spinning wheel. From the photo above it appears that the flag was measured too long as it would cover the BPL logo. The PR money should have been spent at fixing some of the street lights still not working or the lamp pole almost falling over in front Sun Tee on Shirley St which half the island sees daily for the past four months after the hurricane.
On BPL lights up headquarters for brand launch
Posted 4 February 2017, 9:04 a.m. Suggest removal
bogart says...
Very good for the Prime Minister to get involved. Apparently none of the political candidates has the knowledge or fortitude to tackle this issue involving the people's money but yet want to be elected to be the next government managing an eight billion economy. Mr. Prime Minister please look into how many persons qualified for loans by examining the TDSR total debt service ratio to ensure that the mortgagor had the ability to service the repayments totaling 45% of their income and that the officer ensured that the remaining 55% of income was sufficient to allow the customer to survive. Please ensure that a quick test of the accounting shows that what the customer says they do not spend should show in assets accumulated in a balance sheet. If not then look into extraordinary expenses which could have depleted assets which could have been shown. Mr Prime Minister please also check that the Bank officers did not just give out loans without thorough checking and as a fiduciary duty to their customers who paid a bank fee for this service as many Bahamians would have gone to make such a large decision for the first time and expected that the bank and officers and policies were there to help them for success. Mr Prime Minister also check into officials and officers who were privy to these accounts and if lack of action on their part is noted then they should also be accessory and liable. There must be a public enquiry. Mr Prime Minister it is hard to believe that to date noone has been punished or fired. Noone believes that the computers are to be blamed. These are some very simple and basic stress checks. Where bankers and management are guilty they should be punished as they are in our neighboring banks in the United States.
On PM promises disclosure on bank and resolve
Posted 2 February 2017, 8:43 p.m. Suggest removal
bogart says...
Given that the foibles of the BoB passed through the hands of both political parties for significant periods one would have believed that Mr D'Aguilar a few months ago was politically neutral was indeed the champion of the shareholders who believed in a Bahamian Bank and had the courage as patriots like 3,999 other Bahamians and placed their hard earned money in shares versus other 'investments, and, now that he has chosen to join the political arena to well you guessed it, to downplay and talk from the odda side a he mout is well, expected. Noone would want to complain now about anything that could hurt any a dey boys. Justice and fair play for many of Bahamians do not have the colour of any political party neither does the huge amounts of money lost have the colour of any political parties. Anyone trying to take bread outta people mout should be punished and if it should be any Bank officers so be it.
On Investor sceptical on BOB lawsuit merits
Posted 2 February 2017, 8:10 p.m. Suggest removal
bogart says...
The challenges of this bank holds back better performance of the other banks backed by their own Bahamian shareholders funds from doing better as the govt intervenes in its support without holding management responsible. The internationally proper thing would be for the Central Bank to intervene and take over its operations. However for that to happen staff from the Central Bank who have loans at BoB or is paid from govt sources must be prevented from participating in the operation, thirdly persons related by blood must not be a part of the team, fourth persons holding a relationship and are from the same Family Island must be excluded, next persons being connected by virtue of being from the same church or social organization must be excluded, persons being from the same political party must be excluded. Obviously local agencies paid by the Bank should not be allowed to comment on the Bank they are investigating. In short given the aforementioned connections which may compromise correcting deficiencies it would be prudent to call in outsiders and the last outsider the Canadian report has never been published. As a part of he global financial centres where all are connected we must act first and fully examine the bank and punish wrongdoers and close if necessary so that the rest are not affected further.
On BOB warns preference investors: No dividend
Posted 1 February 2017, 8:59 p.m. Suggest removal