Archive for January, 2011

Bermuda Linked To US ‘Ponzi-Style’ Scam

A former US Internal Revenue Service employee who allegedly took more than $4 million dollars in a Ponzi-style scheme which made use of off-shore bank accounts in Bermuda was indicted on Friday [Jan. 28], says the US Attorney’s Office in Missouri Richard Saunders, formerly of St. Louis is charged with operating a scheme in which investors were... Read more of this article

Bermuda Firm’s Objection May Break LCCC

Lancashire cricket authorities say a UK High Court ruling into the £32 million redevelopment of its landmark Old Trafford ground being opposed by a Bermuda firm will a “make or break” the club. Plans to turn the world famous ground into a Test Match venue are on hold after Bermuda-based Derwent Holdings, which owns a nearby retail development,... Read more of this article

Festival Review: Heather Nova & Friends

[Bermuda Festival Review: Heather Nova & Friends – By Alan C. Smith] I am always excited when I hear that Heather Nova is performing in Bermuda. She is our most successful recording artist to date. More importantly, she writes great lyrics, produces distinctive music and has a extraordinary voice. I remember the first time I saw and heard her.... Read more of this article

Hutchings Supports New Oil Mutual

Insurance costs for energy exploration companies could rise significantly if all of the recommendations in the US Presidential Commission into the Deepwater Horizon disaster are enacted — and one Bermuda company says it would support the creation of a new mutual to offer additional capacity. OIL Insurance Ltd., the Hamilton-based energy mutual... Read more of this article

Frontline Shares Surge On Canal Fears

Shares in Bermuda registered Frontline, one of the world’s largest oil shipping companies, have surged in recent days given mounting international fears the Suez Canal might be closed to supertanker traffic. Frontline shares closed up more than eight percent on the New York Stock Exchange on Friday [Jan. 28] because of the wave of anti-regime... Read more of this article

Bermuda Triathlon Association Annual Awards

The Bermuda Triathlon Association held their Annual Awards Dinner at the Fairmont Southampton Hotel last night [Jan 29]. Karen Smith and Flora Duffy pick up the Senior Women’s Triathletes of the Year Awards, while Tyler Butterfield and Ryan Gunn picked up the Men’s titles. Triathletes of the Year Awards Karen Smith – Female Ryan Gunn – Male Best... Read more of this article

Bermudian Anchor’s Departure Confirmed

A television fixture in Ohio for more than 20 years, anchorman Dave Burchell’s departure from the Cincinnati station where he worked after vacating the ZBM newsdesk in Bermuda has now been confirmed. Bermudian Mr. Burchell abruptly vanished from the Ohio airwaves two weeks ago and now CBS affiliate WKRC-TV has confirmed he won’t be resuming... Read more of this article

Slideshow: Regiment Platoon Drill Competition

This afternoon [Jan 29] the Bermuda Regiment Open House and Platoon Drill Competition event was held at Warwick Camp. Friend and family packed the sidelines as the recruits went through the final day of the 2011 Bermuda Regiment Recruit Camp. On January 16, 162 recruits passed through the gates of Warwick Camp and began two weeks of intense training.... Read more of this article

Police Respond to Incident at MAWI

[Updated] This evening [Jan 29] the Bermuda Police and Fire Service are on scene at the Mid-Atlantic Wellness Institute [MAWI] in Devonshire after a patient made his way onto the roof and was threatening to harm himself. Police spokesman Dwayne Caines said that first responders were called to the scene this evening after receiving reports that a patient... Read more of this article

Micah Franklin Wins Qualifier in Holland

Bermuda’s top junior squash player Micah Franklin, who is currently living and training in Holland, competed in the Dunlop Squash Circuit Event at Frans Otten Stadion in Amsterdam today [Jan 29]. He won the first of two qualifying matches when he defeated Sander Van Tour in five sets. Franklin went down in the first set 12 – 10, before he bounced... Read more of this article

Live Webcast: End of Recruit Camp Parade

This afternoon [Jan 29] the Bermuda Regiment Open House and Platoon Drill Competition is taking place at Warwick Camp, and the recruits are going through the final day of the 2011 Bermuda Regiment Recruit Camp. On January 16, 162 recruits passed through the gates of Warwick Camp and began two weeks of intense training, which saw them take part in physical... Read more of this article

Opinion: Major Restructuring is Needed

[Written by Clinton Paynter] Let me preface this by saying that I currently have two children in the Public School System and two more that will be enrolled in the next few years so I have a vested interest in seeing it succeed. It is my belief that major restructuring is needed and not just the window dressing that we have seen previously or what has... Read more of this article