Scotiabank'playing dangerous game'

Fri, Sep 10th 2010, 08:00 AM

ByScott Armstrong
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
Scotiabank is playing"a dangerous game with the future of The Bahamas"over Baha Mar, one leading economist has toldâ The Nassau Guardianas those behind the$2.6 billion project prepare to sit down for more talks with their creditor.
The Nassau Guardiancontacted several leading lights in the banking sector to get their take on the stand-off which is one of two final hurdles facing the Cable Beach megaresort, the other being Bahamian government approval which cannot happen until the Scotiabank loan issue is resolved. While no one was willing to speak on the record, many gave their views on condition o ...

Click here to read more at The Nassau Guardian

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