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Thought To Ponder

Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. A fly-by-night securities operator can quickly meet all the S.E.C. requirements, gain the inference of respectability, and proceed to fleece the public. In an unregulated economy, the operator would have had to spend a number of years in reputable dealings before he could earn a position of trust sufficient to induce a number of investors to place fund with him. Protection of the consumer by regulation is thus illusory.
Alan Greenspan

 Bahamas National Economic Summit by Lynden Nairn: Discussion Group Series - 6:30pm, Thursday, February 26, 2009. 
15 February 2009
The Nassau Institute
Please join us for our Discussion Group Series meeting in the Milton Friedman Room at the Nassau Institute offices at The Bay Street Centre, Bay & Deveaux Streets, commencing at 6:30pm on Thursday, February 26, 2009.

This months presentation is "The Bahamas National Economic Summit" by Mr. Lynden Nairn.

Mr. Nairn is a graduate of the College of The Bahamas and the University of St. John’s in Minnesota where he graduated with a Bachelor’s Degree in Accounting. He is a Chartered Accountant and worked with an international accounting firm for 4 years.

He later held a number of positions in the private sector including Chief Financial Officer, Super Value Foodstores and Deputy Managing Director, Bank of Bahamas. At present, Mr. Nairn is President of Colina General.

Background on the The Bahamas Economic Summit:

The severity of the global economic slowdown is well documented. It has exerted and will continue to exert downward pressure on our economic performance.

This economic crisis presents us with an unprecedented opportunity to:

  1. Bring our country together;
  2. Address systemic weaknesses in our economy; and
  3. Make tough decisions, which might be politically inexpedient, but are in the national interest.

Come and hear Mr. Nairn present his case for organising the summit.

Space is limited.

Sign up at this secure link or call our office to leave a message at (242) 328-6529.

Look forward to seeing you there.

Help support The Nassau Institute

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