Walter the Actuary a BLACK man | Charles the Actuary a White man

[Barbados Underground] Walter Blackman responded to BU commenter TheOGazerts on the observation that Barbadians are engaged in the Charles Herbert, a rich Bajan Actuary that contrast starkly with Walter, a Bajan Actuary who is Black and forced to return to the USA to make a living – David, blogmaster


TheOGazerts, Barbados, our idyllic island home, will continue to vomit up its shocking contrasts.

It is only after listening to people on BU describing how “bright” a certain white man is to have completed a degree in actuarial science, then to have gone on to complete the tough actuarial professional exams, then to have gone on to develop a multi-million dollar actuarial company in Barbados, that I found myself making some comparisons. We both demonstrated at the university and professional exams level that we possess the intellectual capacity needed to become fully qualified pension actuaries. However, the demonstration of brain power is where the similarity abruptly ends.



Now for the contrast. He is a bright, rich, white man. I am simply a black man.


In Barbados, this is a huge, huge deal and it naturally and invariably translates into a situation where a universe of opportunities are opened to him, whilst all doors are closed to me.

So whereas someone can boast on this white man’s behalf, that he made millions from selling an actuarial company which he developed in Barbados (not sure if this is correct), I am left to inform BU readers that I was awarded an OAS Fellowship to study actuarial science at the masters degree level with the expressed intention of providing actuarial services to the National Insurance Scheme of Barbados. Alas, I completed my studies but, on my return to Barbados, was never allowed to work at the NIS. I applied for the vacant position of Supervisor of Insurance, which was advertised by the Erskine Sandiford administration. After a series of interviews, the final two candidates were Walter Blackman and Joycelyn Hinds. I attended the final interview and have heard nothing since. I discovered later that Wismar Greaves was placed in the post. Could it be that this was the point at which CLICO was being prepared for its “great” journey?


Attempts to work at ICB amounted to a mere exercise in futility.

More recently, the Government of Barbados, for the first time, advertised the position of CEO of the Financial Services Commission. I knew something was afoot so I made sure that I applied. As expected, I never even got an acknowledgement. However, Sir Frank Alleyne told Barbadians that the FSC had searched the whole world and could find no one but Mr, Randy Graham to fill the position.


What has allowed me to remain mentally strong and steadfast is my firm belief that no one selected Walter Blackman to “unfair” or destroy. This “square pegs in round holes” problem is systemic and thousands of progressive-minded Barbadians, if given the chance, can easily recount incidents of being similarly “unfaired” and discriminated against.

There is some purpose to this madness.

Back in the early to mid-1980’s, a grand designer decided to “corner” and control government’s financial services market. Individuals were handpicked to head major government revenue agencies and to follow certain career tracks (e.g. Supervisor of Insurance, NIS dept, PS/Director of Finance).


For example, Sabina Walcott was made Commissioner of Inland revenue. Grantley Smith was Director of NIS, before moving on to the PS/Director of Finance role. William Layne was Financial Controller of NIS, Supervisor of Insurance, and then PS/Director of Finance. Ian Carrington was Supervisor of Insurance, Director of NIS, and has now moved into a PS/Director of finance role.


Any person or agency wishing to investigate the nature and state of the government’s finances from 1985-2015 is well-advised to start by questioning and interviewing these four individuals along with Erskine Griffith, a former PS/Director of finance, who was ultimately “rewarded” with a minister of agriculture’s salary. These persons were in the best position to know how come government’s financial rules could be violated so easily, and how come the problems raised by the Auditor General for so long could be so contemptuously disregarded with no repercussions or consequences.




With respect to the FSC, every Barbadian watched in disbelief as the organization did little or nothing to protect the rights and benefits of CLICO’s policyholders, or to punish the guilty persons responsible for the scandalous raid on the insurance company. However, when it was discovered that the Judicial Manager was about to publish a report which proved beyond the shadow of a doubt that David Thompson initiated the steps which led to the CLICO raid, the FSC sprang into action and tried to block the publication of the report. Was this the reason why the nephew of David Thompson was put in the CEO post? Was it sheer coincidence that he left the post after all attempts to block the publication of the JM report failed?



We castigate, shun, and in some cases, jail uneducated black Barbadians for their acts of ignorance. At the other extreme, we block well-educated black Barbadians.from taking up positions commensurate with their experience and training, and from participating meaningfully in public life. Participation in public life is now being characterized by corruption, malfeasance, and deceit. Instinct tells me that a social backlash cannot be very far away…


  • Perhaps the distance between the two actuaries was also due to factors we did not consider
    speculation here — trafficking
    Note that trafficking can include more than drugs.


  • peterlawrencethompson

    Andrew Pilgrim, lawyer for Herbert & Rogers: “At least the simplest way to state our position is to say that parties other than us, in statements disclosed to us, point to this case happening in one particular way which does not involve us, that in our view those statements are statements which we are entitled to rely on in our defence pursuant to the Evidence Act…”


  • @PLT

    Let the jury decide.


  • peterlawrencethompson

    Pilgrim is arguing that it should be dismissed before going to a jury because the Crown is in possession of exculpatory evidence that completely exonerates his clients.


  • @Peter

    You will recall Herbert made a similar statement in the court yard when he was released on bail.


  • @PLT
    Pilgrim is the defence lawyer. He is paid to say his client is innocent. Let the jury decide.


  • peterlawrencethompson

    I am wondering when or whether the evidence that Pilgrim refers to will ever be made public.

    If the Crown decides that there is insufficient evidence to convict Herbert & Rogers then they will be freed without the evidence being made public, because it will be pertinent to subsequent Court proceedings. If there is a plea bargain in those subsequent proceedings against other individuals the evidence that Pilgrim refers to might again be withheld from the public.


  • @PLT

    There is the doctrine of full disclosure which makes it incumbent on the prosecution to disclose to the defence. Failure to do so can lead to acquittal. That is it in properly functioning jurisdictions, but in Barbados anything can happen..


  • peterlawrencethompson

    The Crown has disclosed the exculpatory evidence to the defense, because Pilgrim knows about it. Will the public ever know from an official Court agency?… because the Barbados public is not going to believe it if they hear it only from Herbert or Rogers or even their lawyer Pilgrim.


  • Why would the prosecution reveal all the evidence if it decides to drop the case if it would compromise the case against others?


  • @PLT

    If the case goes to trial it must be put in open court. If they drop the case, and I hope they do not, then that is the end of it. Let the jury decide.


  • “The Crown has disclosed the exculpatory evidence to the defense, because Pilgrim knows about it.”
    This makes the assumption, the Prosecution and not the accused, acquired the evidence?


  • The average Bajan thinks that in Barbados a WHITE person is innocent unless there is incontrovertible evidence of their guilt.

    A BLACK person is guilty unless there is incontrovertible evidence of their innocence.

    Enough time has passed to construct an outcome so there is very little likelihood we will ever know the truth.

    I expect the two white men to be found innocent.

    The black guy is likely to be found guilty.

    As an aside he changed his lawyer from the rasta hair BLP lawyer to a DLP lawyer. Now that is fodder for a crime novel.

    I should start writing and see if I can get a book


  • @Hants

    You assume he changed Arthur?


  • @ David,

    “Today attorneys-at-law Shadia Simpson and Arthur Holder formally withdrew, with the court’s permission, as Prescod’s legal counsel. He is now represented by Verla DePeiza.”



    I just sent a top-notch investigator reporter to Barbados and he sent me back these questions..
    Whys was Prescod’s bail set at $450K and theirs was $400K?
    Does the difference in bail signals there is a ‘difference’ in the degree of guilt?
    If Prescod caught his royal to raise bail, how was he able to raise the money to buy drugs?
    Since birds of feather flock together, why is Prescod a drug dealer and the other two are angels?


  • What are the factors used to determine bail? Is Prescod known to the court for example?


  • “Is Prescod known to the court for example?”

    I hope that you already know the answer to your question and that it is in the affirmative….

    I sit here wondering what would make a person introduce the idea that Mr Prescod is known to the court and the other two are not. What is it about Mr Prescod that would increase the likelihood of his being known to the court.

    Rest assured, I will figure it out.


  • You know what known to the court means do you?


  • 🙂 I will figure it out….

    A little while back (April 2019) I went to court for a traffic ticket (tailgating). As I was in about to negotiate points with the prosecutor, she mentioned a traffic offence that I did about 8 years ago (speeding). All this time I was known to the court and I did not know. Instead of negotiating, I told her I want a trial. Have a court date coming up…..

    A traffic ticket from about 8 years……
    Is there no statue of limitation for traffic tickets?
    Imagine me, not knowing I was in the system (known to the courts)’

    So what is he known for… loitering, jay walking, throwing rubbish on the street, or is it even worse.


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