duppyVAT 10 years ago on Central Bank slammed ‘all facets’ of BOB’s lending
Central Bank slammed ‘all facets’ of BOB’s lending
WOW!!!!!!!!!! Now thats a serious concern. Again the Pingdomites are bleeding our country and the barons are doing all they can to save face. We need a FOIA to find out about VAT, BOB, BEC, BTC,BAMSI and UR 2.0.
DonAnthony 10 years, 1 month ago on Call for overhaul of BOB directors
Call for overhaul of BOB directors
So much blame to go around but no accountability. Of course the entire BOB board should be replaced immediately. The managing director's resignation should have been tendered Friday. Anyone who leaves more than $50,000 (max level depositors insured for) in this bank needs their head examined. Of this bank's 750 million loan portfolio an astounding 58% of the loans are either past due or impaired. There is no sugar coating it as that farce of a press conference tried to do on Friday, this bank has been grossly mismanaged and if not for govt intervention would be teetering on insolvency. It is truly frightening the financial situation this bank is in.
EasternGate 10 years, 1 month ago on Call for overhaul of BOB directors
Call for overhaul of BOB directors
Wendy Craig is like most bureaucrats currying favour with Government to land another cushy job
ThisIsOurs 10 years, 1 month ago on Call for overhaul of BOB directors
Call for overhaul of BOB directors
I'm with eastern gate, greedy crooked asses wear a rainbow of colours.
John 10 years, 1 month ago on Call for overhaul of BOB directors
Call for overhaul of BOB directors
When you look at the penalties this government is set to impose on businesses that even make an honest mistake in the VAT regulations (fines that can cause the demise of their businesses or jail time, the management of BOB should not be allowed to carry on business as usual after they obviously wasn't following proper banking rules when the bank lossed over a hundred million dollars.. Leaving the same management team in place is like writing the movie, "Lets Do It Again,(or at least "Lets do it Some More").
GrassRoot 10 years ago on Central Bank slammed ‘all facets’ of BOB’s lending
Central Bank slammed ‘all facets’ of BOB’s lending
The Central Bank is a toothless tiger. Q.E.D. Either give it some teeth or send it home. That the Central Bank dscribed a disaster and did nothing about it .e.g from informing other existing clients of BOB to going public with the information, makes the Central Bank just an accessory in to the fraud going on at BOB.
concernedcitizen 10 years ago on Central Bank slammed ‘all facets’ of BOB’s lending
Central Bank slammed ‘all facets’ of BOB’s lending
way before that ,like that crazy a@@ loan to Obie W and not so PLeasant B in Freeport ,,,you mean that one birdie btw 2002 and 2007
duppyVAT 10 years ago on Central Bank slammed ‘all facets’ of BOB’s lending
Central Bank slammed ‘all facets’ of BOB’s lending
Wendy Craigg is an accessory to the BOB money laundering & pilfering crimes .................... she has the capacity to deal with the incompetence of a bank ............. not sit back wring her hands and say "oh my".
mangogirl01 10 years ago on Central Bank slammed ‘all facets’ of BOB’s lending
Central Bank slammed ‘all facets’ of BOB’s lending
Check the web site, https://www.bankbahamas.com/about-us/di… Mr. D.S. Davis related to Brave Davis and E. Gibson Jr. is related to Shane Gibson.
Well_mudda_take_sic 9 years, 11 months ago on Minnis calls for bank management to be fired
Minnis calls for bank management to be fired
McWeeney states: "The decision to retire is entirely mine. It has been given freely and was not demanded or requested of me by the board or the majority shareholder.” HE JUST CAN"T WRAP HIS SMALL MIND AROUND THE FACT THAT IT IS WE, THE BAHAMIAN PUBLIC, WHO ARE THE MAJORITY SHAREHOLDER AND, AS SUCH, HAVE INSISTED ON HIS FIRING THROUGH THE LOUD CRIES WE HAVE MADE IN THE COURT OF PUBLIC OPINION! McWeeney's ethics and judgement are such that he should not be permitted to have anything to do with the planning and implementation of a proper succession plan for BoB!! The sooner he is shown the door, the better. And please Mr. PM, do not be so foolish as to open another door for McWeeney anywhere within the government, including all of its offices, ministries, corporations, departments and agencies!!!
Well_mudda_take_sic 9 years, 11 months ago on Minnis calls for bank management to be fired
Minnis calls for bank management to be fired
I, like many others, could never vote for an FNM candidate in any election knowing that Minnis is the leader of that party!
Stapedius 11 years, 9 months ago on 'Permit move risks destroying economy'
'Permit move risks destroying economy'
Honestly Mr McCartney needs to get a life. I would agree that we as a country should be more inclusive with our immigration policy. But inclusiveness doesn't mean we shouldn't be selective. We allow in all sorts of people of questionable character and competence. Because people come from the US, Canada or GB doesn't make them pure and sanctified. Furthermore, its astonishing to see how little faith Bahamians have in their own. Having worked in the Caribbean and Europe I can confidently say that we really short change and do a disservice to our own people when we talk about the lack of Bahamian skill and ethics. I have seen some of the most sloppy work done by people in other parts of the Caribbean and in Europe. So lets not get ahead of ourselves on the issue of Bahamian skills or the lack thereof. I refuse to believe that many of the jobs that foreigners come here to do Bahamians can't do. Don't get me wrong, I am all for diversity. But these companies must show some latitude and flexibility and appoint Bahamians at their other international branches. This 'skills' thing must be a two-way street. Many Bahamians feel as though its a one way thing and we simply don't get a chance at opportunities offered in the multi-national s with branches in the Bahamas. The whole thing boils down to a proper immigration policy. What skills do we need in this country and who do we want to invite to share in this home we call paradise? Both governments have failed to shape a proper immigration plan for this country. Nothing on paper. Just a bunch of patch work policy with political interference. Mr. McCartney played right into this when he was minister so he should be the last to open his mouth.
Now to Mr. McCartney's point on domestic workers. It is true that many Bahamians don't want to do domestic work . But has he stopped to consider the economic, social and historical and social components of why Bahamians don't want to do this type of work? I gather he hasn't and is only thinking of his selfish needs of having a housekeeper. We have had generations of Bahamians as maids and keepers of house in our hotels and in the homes of the wealthy of our nation. Right, so we must give permits to satisfy the laziness and comforts of the few Bahamians who can afford live in maids and gardeners? The 'nouveau riche,' of this country really feel some sense of entitlement. In reality many of them don't have a pot to piss in and have bank payments well beyond retirement. The fact is too many of us live beyond our means and all of a sudden our children need someone to pick up after them. We were taught to make up our beds and keep a clean house in our youth. Where have our values really gone in this country? Make your own bed, wash your own dishes, cut your own little piece of grass Mr. McCartney. Teach your kids to do the same and we wouldn't have the need for maids and servants.
KM 11 years, 9 months ago on 'Permit move risks destroying economy'
'Permit move risks destroying economy'
I dont see nothing wrong with the minister wanting to clamp down on these work permits that are given. Firstly, the government gives out TOO MUCH work permits for a country who's unemployment rate is ridiculous. Maybe not all work permits should be taken away , but a substantial amount needs to be taken away. This is a door opener for those Bahamian indivuals whom are without jobs. The PLP campaign argument was Bahamians FIRST. I am glad to see our leaders trying to find a way to do this. If this is a way sure go right ahead. I trust that this move will be a good move and does not go the way Bran intend it to go.
Stapedius 11 years, 9 months ago on 'Permit move risks destroying economy'
'Permit move risks destroying economy'
Quite funny. Why you vex? Hahahaha. And when since does needing a maid or gardener constitute success? There are many successful Bahamians who do these things for themselves. Contrary to your silly belief, being grown means paying your bills and living within your means. A concept many Bahamians don't appear to grasp. So yah want a maid put can't pay the mortgage or BEC? Funny
John 11 years, 9 months ago on 'Permit move risks destroying economy'
'Permit move risks destroying economy'
when since does requiring a maid or gardner constitute laziness? Many succesful Bahamians work 12-18 hours a day to by successful..So if they can afford to pay someone else to wash their drawers and pull shepherd's needle out the lawn why not? Yall is hypocrites!
SDRFC 11 years, 9 months ago on 'Permit move risks destroying economy'
'Permit move risks destroying economy'
The decision is a good one. First, with the unemployment rate as high as it is, Bahamains need to look inward and promote some self reliance. Second, use your God-given ingenuity and evolve. Instead of being independent housekeepers and maids, form a domestic services company ala Frank Hanna and service residential homes/families. Instead of live-in maids to care for children, get together, rent a building/property and open up a neigborhood daycare service with before and after school services with van/bus pick-up and drop-off.
We are too tied to the "old ways" of doing things and the white and black elite are all too comfortable with that kind of thinking. Bran is NOT progressive in his reasoning at all. He wants to keep things/doing business the way it was when he was a little boy. These days are over. Step into the 21st Century Bahamas where innovation rules or you're dead.
No one is willing to think outside the box and provide progressive solutions to the economic challenges facing Bahamians. When life gave use limes, we made switcha, now we waiting for some d*mn foreigner to come tell us how to make it....smdh
DragonFly 9 years, 10 months ago on Union will go to court over pensions
Union will go to court over pensions
There is indeed an idiot here "moncurcool" and that would be you.
Perhaps you should educate yourself or bother to read the article. A "non-contributory" fund is one where employees contribute nothing. Any pension plan, whether defined contribution OR benefit, can be contributory or non-contributory. The Central Bank of The Bahamas has had a Defined Benefit Plan since 1978; and its staff has contributed 5% of their salary monthly since inception. A simple Google search would result in these facts.
happyfly 10 years ago on Central Bank slammed ‘all facets’ of BOB’s lending
Central Bank slammed ‘all facets’ of BOB’s lending
Whoever leaked this information. Hooray. Lets keep it up until there is enough national outcry to demand a commission of enquiry. One that is empowered to strip the shirt off these scumbag pep's.