Caribarena Antigua The Best Caribbean News Portal

**sick and tired** » 2012-09-10 22:19

I wonder what Lovell really means by a bailout! If you owe a company $100 for argument sake, and you pay $41, is that a bailout? or is it another language that i don't understand. Or Ok, it the usual thing OWE EVERYONE AND DON'T PAY . It is not a favor its called honoring your obligation and commitment . New Economics, smooth talker Lovell . "You are not bailing them, ABIB what about calling in the loan? Lets see what they would say about that! duh

**tenman** » 2012-08-30 11:27

I find this talk about bailout strange. The government owes this entity over 200 million EC, yet we are to believe that them making an early payment of some 41 million, constitutes a bailout. Following that logic, the next time i pay my APUA or property tax bill, before the due date, I will now be considered bailing out those entities? The truth is the government benefits in the long run due to lower interest costs, since the IMF interest rate would have been lower than what ABIB was charging.

..

**Fred** » 2012-08-30 10:29

I listened to gaston on ZDK radio Tusday night and he said that the Government will have to issue a bond of $340 million to plug the big gaping hole in ABIB. He also made a very compelling argument for ABIB to be almagamated with ACB. I also heard him say that privately that CUB shhould also be in the almalgamation before it goes bust and create another bank failure and another hole for tax payers to fill.

Title	Answers
ANY INFO ON HOLIDAY LETTINGS AT BARRYMORE BEACH CLUB RUNNAWAY BAY	0
first caribbean international bank	0
how can i get in touch with Dilana R. the professional singer?	0
Who was antigua's first Govenor General	1
WHICH ONE OF THE BIRD IS DEAD	1

Title	Answers	Hits
Was there a police report filed by Royal Caribbean Vision of the seas for the man, wife and 11 yr old child removed from the ship on December 20th, 2012 ? He allegedly attacked a man with a service dog on the ship and was set on the dock that day with hi	0	30084
PWD in shambles, what is the purpose of their position? I'm tired of these people in the dept who jsut come eac day to make you feel uncomfortable because of their miserable lives. someone needs to look into this.	0	14621
What is the world's largest airline?	2	5338
What is the amount ZDK owes for electricity ?	1	3687
any audio or video of Minister Farrakhan speech at the Multi-purpose Centre?	1	3593

3 Comments In This Article

Add comment

Follow us on Facebook

Popular Questions

Ask Your Question

Spotlight on Opinon

Latest Business News

Most Read This Month In Business

Search Directory

Directory Listings

App

CARIBARENA