50/50
Apologies to my readers for not bringing you the promised speech but I have not found the speech just yet in my collection of speeches but as soon as I do you will have it. In the mean time, there is something of great interest that came up and that was the information on why investors did leave. Following the "Bend or Break" speech, a new unwritten law was to come that would try to equalize the playing field for Bahamians of all colour, but at a great expense to investors. It was said that business would be approved if they had Bahamian partners who were 50/50 without the Bahamian putting anything into the business but being able to have 50% of the profits. This was the beginning of what was called "Bahamianization" and continued to say that all positions held by foreigners were to be held by foreigners for a limited about of time, while they trained a Bahamian to take over. While this theory was said to have been great for Bahamians, for persons bringing