Swiss researcher Ernst Fehr once ran an experiment called “the trust game with revenge”, designed to reveal the motivation for vengeance. What he found was that: a) the decision to punish someone who we think cheated gives us a feeling of pleasure, and b) “…the desire for revenge, even when it costs us something and is fully irrational…” is built into us. (Harvard Business Review, July – August 2009, Page 83)
It is primarily because of this phenomenon, why we are seeing – and will continue to see – collateral damage resulting from the Commission of Inquiry.
For example, Sir. Robin Auld’s final report portrays Dr. Cem Kinay as a willing participant in government corruption, because: a) he gave a large sum of money to an elected official, and b) he is trying to keep the details of it out of the public domain. However, while (a) and (b) are true, they do not automatically equal (c)orruption. Here is why, and a scenario of what likely happened that got him to this point:
To keep cost low, Dr. Kinay’s company most likely applied for and received duty concessions from the Government, thereby saving him a few million dollars on the build-out cost for Dellis Cay. During the election campaign a Government minister most likely asked him for a sizeable campaign donation – probably US$1 million. Finding himself in an awkward situation where he could not easily say “no”, Dr. Kinay probably rationalized it as a one off donation to a government who is pro business, and most importantly, one who his pro Dellis Cay. He then probably agreed to donate an amount less than the initial request – although it would have still been a significant sum – and because there are no rules/laws regarding how campaign donations are made, he sent it based on the instructions of the minister.
Although there is nothing in the scenario above that under normal circumstances would be considered corrupt; because the government involved was Mike Misick’s administration, Dr. Kinay’s campaign donation is being suspected as such.
For the record, even if it turns out that the campaign donation was used for corrupt purposes, I doubt that Dr. Kinay was an architect of that corruption.
It is unfortunate, but in today’s world, you are what/who Google says you are, and if there are any references to you on the internet, Google will find it, index it, and archive it. As such, negative materials on the internet can and will affect (what I call) your “Google’s Character Reference” or GCR.
For the average person, their GCR has little or no impact on their lives. However, for someone whose reputation is his/her global currency; someone whose every business deal results in a background check being done; and someone who has global business interests; their GCR is becoming more important than their credit score.
The destructive powers of negative information on the internet is so great to a person’s reputation, that PR firms recommend that if you are a victim of it, to deal with it swiftly and aggressively – even if it means hiring legal representation to have the information removed. As such, it is likely that for this reason alone why Dr. Kinay is keen to keep any negative references to him in Sir Robin’s report out of the public domain.
However, in our desire to punish those who cheated, we want to have the full report in the public domain – regardless of the collateral damage that it can cause.
While there are those who may see some collateral damage as acceptable, the fact is that in order to rebuild the Turks & Caicos, we not only need the defensive strategy of Sir Robin, we also need an offensive (i.e. inward investment) strategy. As the management guru/thinker Peter Drucker once stated, “We have to accept what we all know to be elemental – that taking a defensive position can, at best, only limit losses. And we need gains.” With the economy in free fall, the Turks & Caicos desperately need gains like Dellis Cay. We cannot afford to watch the country go into an economic tailspin for 2 years while we remake government. This approach will only lead to more problems. With all due respect to Colin Roberts, he got it wrong when he suggested that Britain cannot simultaneously promote inward investment while fixing local government.
The task may be difficult, but Governor Wetherell needs to find a way to do both. For “The signature of the truly great vs. the merely successful is not the absence of difficulty. It’s the ability to come back from setbacks, even cataclysmic catastrophes, stronger than before.” (How The Mighty Fall, Jim Collins)
Writen By: E. Jay Saunders in 2009,Turks and Caicos Islands,CEO of Digicell
A torch is a fire source,usually a https://www.golfsbeststores.com/ rod-shaped piece of wood with a rag soaked in pitch and/or some other flammable material wrapped around one end.
The torch is a common emblem of both enlightenment and hope.
“Our torch” is not filling the definitions from above.
Our torch is Misterrr John Hartley,the husband of famous lawyer Misss Monique Allen,in Turks and Caicos Islands,which earned a lot of money through Dellis Cay companies in the recent years.It is a big question,how many interest of conflicts Slot Gacor Maxwin she had through all these times?She is representing the Trinidad institution ,lender of Dellis Cay.Dellis Cay construction is stacked now more as two years because of political issues in Turks and Caicos Islands.
The sources in Turks and Caicos are telling that John Hartley,as husband of Miss Monique Allen,wrote letters as Torch to Trinidad institution before receivership of Dellis Cay and pushed the end of Dellis Cay with wrong background information’s throughne her wife!And the institution believed them.
The same John Hartley is reporting to London as well are telling the sources in Turks.
Nobody knows their real goals?
But only Miami Herald and The SUN reported in October 2011 about him in the below article.
Please protect yourself from their actions and read carefully the below article.
John Hartley named in million dollar lawsuit in Florida Local businessman and economist John Hartley has been named as a defendant in a $4million lawsuit that was filed last month in the United States District Court for the Southern District of Florida.
The law suit is being brought by American multi-millionaire R.D Hubbard, who is also a Turks and Caicos Islands Belonger and a major investor and property owner here. It stems from a deal in which investors were convinced to come up with $4.5 million for shares in an electric car company, but they apparently got nothing for their money.
Court documents obtained by The SUN showed that Hubbard, through Edward Burger who is acting as trustee for the Hubbard Family Trust, is suing Hartley along with, John Mattera, Bradford Van Siclen, John Ray Arnold, and Praetorian Fund Limited (www.praetorianfund.com), of which Hartley is a director.
The story was even published in the Miami Herald on Friday.
According to Miami Herald, The Fisker Karma — a sleek, plug-in hybrid sports sedan — made its long-awaited debut earlier this year, and to heaping praise.
Car and Driver called the sports car, which fetches upwards to $100,000, “striking, luxurious, and easy on big-car guilt.” Popular Mechanic added: “The Fisker Karma is a standout luxury and performance vehicle, period.”
According to the court documents, Hubbard is seeking to to recover substantial damages caused by Defendants Praetorian, G. Power, Mattera, Hartley, van Siclen, Arnold and Fund blatant and fraudulent misrepresentations in soliciting Plaintiffs to invest $4.525 million to acquire shares in Praetorian and/or G. Power, based on false representations that such interests would provide indirect ownership of Series A Preferred shares in Fisker Automotive Inc. (“Fisker”).
It is alleged that Praetorian, G. Power, Mattera, Hartley and van Siclen, at various times, represented Plaintiffs these shares were owned by Mattera, Praetorian or G. Power. However, after they made their investment, Plaintiffs never received the shares reflecting their membership interest in Praetorian. Plaintiffs then discovered that Mattera, Praetorian and G. Power did not own the Fisker Series A Preferred shares.
It is also alleged that Arnold and First American rtp slot terbaru participated in these securities violations by violating their duties as escrow agents to the Investors who trusted them to hold their moneys pending a proper closing of this transaction.
The court document said there is also an action for breach of fiduciary duty against the escrow agents for this transaction and an action for breach of contract against Praetorian, because Praetorian took Investors’ money but did not issue them shares representing a corresponding interest in Fisker shares and insofar as Praetorian and G. Power do not own the Series A Preferred shares in Fisker.
It is also alleged that Praetorian, G. Power, Mattera, Hartley, van Siclen and Fund fraudulently induced Plaintiffs to purchase membership interests by telling Plaintiffs that G. Power owned $20 million Series A Preferred shares in Fisker, and that through their investment, they would be purchasing an indirect ownership interest in Series A Preferred Fisker shares to the extent of their purchase.
According to the Miami Herald article, Mattera acknowledges he never owned Fisker Series A-1 preferred stock, which the investors were told they were buying. He did have a substantial holding of similar Series B stock, which he said he tasked Situs Slot Online associates Bradford van Siclen and John Hartley with selling. Mattera said van Siclen, the New Jersey-based private equity broker who is a defendant in the lawsuit along with Hartley, was responsible for misrepresenting the offer. A message left for van Siclen at his business, The Praetorian Fund, went unanswered this week.
The SUN was unable to reach Hartley for comment up to press time.
Published October 18th, 2011 in the SUN ,Turks and Caicos Islands.
2012 is the year of elections around the world and very important elections.
Superpower USA will decide in November 2012 for OBAMA or not?
PUTIN will be again new President in Russia or not?
Countries with biggest populations China and India will have their elections in 2012 too.
France will most probably decide for the end of Sarkozy
Did you realize that all these countries together represent the half of total world population!
How is the situation with elections in Turks and Caicos Islands beside these Giants?
They are to many disinformation and opposite statements from different sources in TCI.
2011 elections have been postponed with a lot of excuses and reasons . Now it is time to think very deeply,if the tiny island people are able or not able to elect and govern themselves?Are they able to go back again to democracy?Or they have to listen new stories,why the elections have to be postponed again,because the decision makers are not sitting in Turks and Caicos Islands.
The brave people of the island have to work out from the first days of the year to get this basic right,before it will be again too late.
