Politicians tend to be held in low regard all over the world. For many, the notion of public service seems to mean nothing more than the chance to get rich. Bermuda, where a tiny talent pool is spread so thin that our political scene is a travesty of governance, is no exception.Having only 60,000 inhabitants would be reason enough to limit the number of politicians, but we apply no limits. On the contrary, some of our political constituencies include as few as 700 voters, and none exceed 1,200. We are among the world's most over-represented people, and yet among the most poorly represented in terms of quality.
Former 'Acting CEO' of the Cayman Islands Stock Exchange applies to head Bahamas International Stock Exchange, Bermuda Government wants a Bermudian, not British, Governor' Cayman judge rebukes attorney F. Lee Bailey, First Cayman Bank liquidators may want to look at two properties in Florida that belong to the Quraeshi family, further evidence emerges of Cayman Islands Government incompetence in collapse of First Cayman Bank, the hypocrisy of Bermuda's Home Affairs Minister Quinton Edness, Euro Bank Corp. receives Class 'A' banking license in Cayman.
US depositors withdraw $14 million after losing confidence in Cayman Islands, John Jefferson Jr. seeks to sell his shares in Cayman fast-food franchises, mystery surrounds the awarding of a Class 'A' bank license in Cayman to Euro Bank Corp. following a $2 million payment, John Tugwell says he quit as Bank of Bermuda CEO for "personal reasons", Bermuda Gov't Minister Quinton Edness makes difficult-to-believe claim about why Police Commissioner was fired, Bermuda Governor Thorold Masefield takes the public for idiots, did Maples & Calder senior partner Tony Travers really receive $6 million in annual dividends?, profits of First Bermuda Securities revealed, Bermuda lawyer Lynda Milligan-Whyte turns $67,200 into $500,000 at First Bermuda Securities.
British policeman Colin Coxall has been forced to resign as Bermuda's Police Commissioner six months before the end of his three-year contract following pressure from the government. He will step down on October 31.