Archive for March 7th, 2011
Premier To Host Town Hall Meeting Tonight
Premier Paula Cox and Government Cabinet Ministers will host a second town hall meeting tonight [Mar 8] to discuss the National Budget. The meeting will be held at Pennos Wharf in St. George’s, starting at 7.00 p.m. Premier Cox said, “We have had a week of significant debate on the National Budget, and tomorrow will afford members of the public... Read more of this article
Two Plead Guilty To Money Laundering
This morning [Mar.7] in Supreme Court, Roger Vincent Cox, a 38 year old from St. George’s, pleaded guilty to three offences of Money Laundering. Also appearing with Mr Cox was Michelle Laverne Lindsay, a 49 year old book keeper. Ms Lindsay pleaded guilty to one count of Money Laundering involving her receipt and subsequent ‘layering’ of $25,000.00... Read more of this article
Sean McCarthy Is Leaving Assured Guaranty
Bermuda-based Assured Guaranty Ltd., which through its subsidiaries, guarantees municipal bonds and structured financings, announced today [Mar.7] that Séan W. McCarthy, Chief Operating Officer of Assured Guaranty, will be leaving the company at the end of the month to pursue other opportunities. Assured Guaranty’s operating units will report directly... Read more of this article
Aspen Names Vitale As Head of US Insurance
Bermuda-based Aspen Insurance Holdings Limited today [Mar. 7] announced the appointment of Mario P. Vitale [pictured] as president of its US insurance operations. “This appointment strengthens Aspen’s leadership team in the US further as the company seeks to leverage the investment it has made in developing its US operations to build its... Read more of this article
Roy Allen Burch Moves to Charlotte to Train
One of Bermuda’s top swimmers has moved to Charlotte to train under Coach David Marsh and further his dreams of making the 2012 London Olympics. Roy Allen Burch, who competed in the 2008 Beijing Olympics in the men’s 100 metres freestyle, will join an elite swim program in Charlotte, North Carolina. In the world of swimming David Marsh is... Read more of this article
CEO: ‘Very Impressed By Student Ideas’
Ways to stimulate the Bermuda economy proved to be a stimulating choice of topic for this year’s Business Bermuda student essay competition, drawing more than one hundred entries. Winners of the third annual contest were presented with their prizes by Premier Paula Cox at Business Bermuda’s annual general meeting last Friday [Mar. 4] Students... Read more of this article
Murder Victim’s Family: End the Violence
The family of 29-year-old murder victim Colford Ferguson has formed a group which has a clear message to send: “The community has had enough.” Mr Ferguson, whom Police confirmed was not a gang member, was doing construction work when he was murdered at approximately 2pm on February 4th, 2011 in Somerset. He left behind many devasted friends... Read more of this article
BIFF Unveils 2011 World Cinema Showcase
A bittersweet comedy and a compelling drama from two of the world’s leading independent filmmakers will bookend this month’s 14th annual Bermuda International Film Festival [BIFF]. BIFF today [Mar.7] announced the opening and closing films for this month’s event – as well as the full World Cinema line-up. Kicking off this year’s... Read more of this article
Allied World Estimates NZ Quake: $30-40 Million
Allied World Assurance Company Holdings announced today [Mar.7] that its initial loss estimate from the February 22, 2011 earthquake in Christchurch, New Zealand is in the $30 million to $40 million range pre-tax and net of reinsurance recoverables. A spokesperson said, “Allied World’s loss estimates for this event are derived from preliminary... Read more of this article
Police Confirm: Early Morning Gunshots
The Police have confirmed that there was a firearm incident at approximately 1:30am this morning [Mar.7] in the area of St. Monica’s Road and The Glebe Road. There have been no reported injuries. A Police spokesman said, “Around 1:25am on Monday, March 7th 2011 Police responded to a report of gunshots in the area of St. Monica’s Road and The... Read more of this article
Outstanding Drug Fine Lands Man in Court
On 24 November 2009, Kevin Smith had been tried on one count of possession of illegal drugs, one count of possessing equipment for use in connection with the drugs, and one count of cultivating cannabis. He had been fined a total of $16,600 for those offences. Mr Smith appeared in Magistrates Court this morning [Mar. 7] and asked Magistrate Warner for... Read more of this article
Videos & Full Results: Best of Best Swimming
Scroll down for full results and videos of the Best of the Best Series Swim Meet, which was held at the BASA Pool this past Saturday [Mar.5]. The event was first of three scheduled ‘Best of the Best’ series races. Tyler Smith won the Men 11-12 400 SC Meter Freestyle with a time of 5:11.12, Michelle Caza won the Girls 13-14 100 SC Meter Breaststroke,... Read more of this article
