Daily Archives: November 24, 2011

CL Financial’s “Barefoot Billionaire” Lawrence Duprey enjoying Monaco Grand Prix

Smiles come easily when spending OPM – other people’s money.

Lawrence Durprey - Barefoot Billionaire in Monaco 2007

Readers throughout the Caribbean deserve to see these photos and read the story of Lawrence Duprey and friends visiting the 2007 Monaco Grand Prix. After all – our grandchildren will be paying for Mr. Duprey’s crimes until they die. And yes, that is a US$100 “per cigar!” Cohiba in one of the photos. You can bet the wine isn’t from Tesco either.

Enjoy… but first a word about where this material comes from: Monaco Revue and DiversityCanada Foundation.

Although we are using this material under the Fair Use provisions of copyright because we are commenting upon the material and it is also public evidence of the crimes of Mr. Duprey and his gang, and therefore contains an overriding public interest in its publication at BFP, we ask each of our readers to visit Monaco Revue HERE to read the original material.

It looks like DiversityCanada Foundation and Monaco Revue have worthy goals and we encourage each of you to at least visit their websites and give them consideration.

We do note that according to the article, former Trinidad government minister Carlos John (and then “advisor” to Lawrence Duprey) is the “compatriot” of Monaco Revue’s editor.

Colman Commission evidence?

We also see that what was once an article about the elites having a good time in Monaco is now certain to be of interest to the Colman Commission inquiries into the CL Financial Fraud. Especially as the commission looks into the close relationship between Duprey and Ministers and former Ministers of the Trinidad & Tobago Government. This 2007 article is evidence of crimes and has a compelling public interest. Therefore we have been advised that the Fair Use provisions of copyright are exceptionally strong and allow us to publish the material here at BFP.

We hope that DiverstyCanada Foundation and Monaco Revue have the journalistic integrity to leave this information published at Monaco Revue.

Now on to watching Mr. Duprey and his friends spending your money on a good time… Continue reading

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Filed under Barbados, Business & Banking, Consumer Issues, Corruption, Crime & Law, Offshore Investments, Political Corruption

Erdistan House burns on Wednesday night

UPDATED: November 24, 2011 4:10pm

Another “Heritage” building goes up in flames with the usual reactions from everyone…

1/ Praise for the Fire Service.

2/ “Woaloss, we must rebuild it!”

3/ Total silence about why we as a nation prefer to see historical buildings burn or rot rather than spend the money to protect them. How much would a sprinkler system have cost to install vs. replacing the “irreplaceable” building and historical documents it contained?

4/ Total silence about what company insures the building and what the coverage limitations are.

In a few weeks the truth will set in: the building is a goner and we aren’t going to rebuild it.

What will be the next 100 or 200 year old building to burn that we don’t treasure enough to retrofit with sprinklers?

Photo taken by D. Hunt and sent via someone else.

Barbados Today: Professor Henry Fraser laments the loss, calls for rebuilding. Doesn’t mention that as a society we fail to protect and value our historical buildings.

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Filed under Barbados

Barbados Advocate rants about CBC funding – but loves government advertising!

The motto of the Barbados News Media:

“Never bite the hand that feeds us”

OH the irony!

The current Barbados Advocate editorial Another sacred cow? makes some good points about the primary value of the CBC as an instrument of government propaganda.

Left unsaid though is that the Barbados Advocate itself loves to suck off the government teet when it comes to printing those full colour, full page adverts for the government. During the BLP reign, it was The Nation that was the main beneficiary of government gifts, now the Advocate benefits from the DLP government.

In return for that government advertising revenue the Barbados Advocate will not cover certain news stories and keeps a respectful posture on others. Even if their editorial is bluster it’s good to see The Barbados Advocate at least recognizing the blogosphere as an antidote for the news media being used for government propaganda…

“It is not to our certain knowledge either that the Opposition is any more averse to state ownership. After all, it should take nothing less than a Damascene conversion for a party which has occupied the seat of government for an equal part of those years, suddenly to become convinced of the benefits of privatisation of the island’s lone television station.

Of course, the 800 pound gorilla in the room which both sides of the political divide are careful not to notice is the perceived propaganda value of CBC; a perception that may indeed be more apparent than real in this era of the blogosphere, social networks, and streaming technology over the Internet. We are not aware of any empirical studies which would lead to an assumption that CBC is a national leader in the supply or analysis of information, whether political or otherwise in the public interest. We are prepared to be corrected on this nevertheless.”

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Filed under Barbados, Barbados News & Media, Freedom Of The Press