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MORTGAGE COMPANY 'WAS NEAR BANKRUPTCY'

By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net THE Bahamas Mortgage Corporation was headed to bankruptcy as a result of "reckless lending habits" under the PLP administration, chairman Dr Duane Sands said yesterday. Dr Sands said tha

MORTGAGE COMPANY 'WAS NEAR BANKRUPTCY'

By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net THE Bahamas Mortgage Corporation was headed to bankruptcy as a result of "reckless lending habits" under the PLP administration, chairman Dr Duane Sands said yesterday. Dr Sands said tha

MORTGAGE COMPANY 'WAS NEAR BANKRUPTCY'

By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net THE Bahamas Mortgage Corporation was headed to bankruptcy as a result of "reckless lending habits" under the PLP administration, chairman Dr Duane Sands said yesterday. Dr Sands said tha

Conference to be held on stem cells

FREEPORT – The International Stem Cell Society’s global conference will take place February 19-22 at the Grand Lucayan Resort in Grand Bahama, it was announced yesterday.

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Shockers, Cleaners win

The New Providence Basketball Association continued league play with a double header at the AF Adderley Gym Monday night.

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No. 3 Kansas beats NC State in coach Bill Self’s return

PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.

Sports in brief

LENO Corporate Services Limited has partnered with the Barracuda Swim Club to host the Leno-Barracuda Invitational Swim Meet May 24-25 at the Betty Kelly-Kenning Aquatic Center.

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Public school attendance is down four percentage points since last year

THE public school attendance rate is at 91 percent this year, according to Acting Education Director Dominique Russell.

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Lyford Cay billionaire Sir Anthony O’Reilly declared bankrupt

A SUPREME Court judge declared Lyford Cay billionaire Sir Anthony O’Reilly bankrupt on Friday evening after more than five hours of legal arguments concerning the procedural validity of his applications.

Big Red Machine just keeps rolling

The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.

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60th CAGC off to a scorching start

AS host of the 60th Caribbean Amateur Golf Championships, the Bahamas was feeling the heat just as much as their opponents as the first day of competition got off to a scorching start at the Ocean Club Golf Club on Tuesday.

$12m bill for centre

$12m bill for centre By SANCHESKA BROWN Tribune Staff Reporter sbrown@tribunemedia.net DOCUMENTATION tabled in the House of Assembly revealed the government spent $12 million to build two new facilities at the Sandilands Rehabilitation Centre, nearly do

S&P goes ‘negative’ on Bahamas as debt ratio rises 11% pts

Wall Street last night forecast that the Bahamas’ net government debt would hit 45-47 per cent of GDP by 2013-2014, a double digit rise in three years, as one rating agency slashed its economic outlook on this nation to ‘negative’.

Central Bank asked Gov't for $400m 'reserves boost'

The Central Bank of the Bahamas asked the Government to undertake $400 million worth of foreign currency borrowing this fiscal year to alleviate concerns over a “steady decline” in external reserves.

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IAN FERGUSON: The human touch in small business

More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.

The causes of crime

As A trained lawyer, albeit a defrocked one, I had extensive practice before the Criminal Defence Bar during my hey days. In fact, at any given time, I commanded 80 per cent or more of the most heinous cases before all courts, the Supreme and Magistrates included. The other lawyers were obliged to literally, in some case, fight for the crumbs. As such, I came to understand the economic and psychology of crime and the causation.

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In Spain, Lashann Higgs sinks 13 in losing effort

Bahamian guard Lashann Higgs turned in another outstanding performance, but it wasn’t quite enough to lead her Embutidos Pajariel Bembibre PDM women’s professional basketball team to victory in the Spanish League yesterday.

$339,000 donated to American Red Cross to assist hurricane victims

THE hurricane relief effort put on by the Michigan State Spartans and Georgia Bulldogs raised hundreds of thousands of dollars to benefit victims of last summer’s storms.The Spartans took an 80-62 win over the Bulldogs at the Van Andel Arena in Grand

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‘Tum Tum’: My final college season ‘going by too fast’

His final season playing collegiate basketball is going by quicker than anticipated for Lourawls “Tum Tum” Nairn but the senior guard continues to embrace the moments of the season for the Michigan State Spartans.

CBC launches the official website of Championship

WITH just over 80 days to go before the region’s best basketball teams square off in the elite FIBA qualifying event for Caribbean countries, the organisers are beginning to galvanise support through the Internet.