Senate President Juan Ponce Enrile was guest of honor at the wreath-laying by President Gloria Macapagal-Arroyo at the Libingan ng mga Bayani [Heroes’ Cemetery], the traditional ritual that opened this year’s observance of the 23rd anniversary of the EDSA People Power Revolution.
It had to be Defense Secretary Gilbert Teodoro, not the senators (including those who had ratified the Philippine-US Visiting Forces Agreement during the Joseph Estrada administration), to point out that mistakes were committed by the Philippines in signing that document, particularly Paragraphs 3 and 6 of Article 5.
A number of media commentators went to town criticizing President Gloria Macapagal-Arroyo for making a “useless trip” to the United States after the Davos Conference in Switzerland, as she didn’t get to meet President Obama, contrary to speculations.
Philippine Deposit Insurance Corp. (PDIC) vice president for communications and stakeholder relations, Maria Leonida Fres-Felix wrote that the “unprecedented simultaneous closure” of the Legacy banks has been challenging to PDIC not only in terms of volume of accounts (about 135,000) but also in “geographical dispersio
The disclosure by Legacy’s top honcho Celso de los Angeles that House Speaker Prospero Nograles invested from P18 million to P20 million in the rural bank chain’s “buy-back, double your money schemes” casts a cloud on the hearings conducted by the House committee on banks and financial intermediaries
A serious move is being made by some House members, led by Rep. Mark Cojuangco of Pangasinan province, son of Nationalist People’s Coalition president Eduardo Cojuangco, to start up the Bataan Nuclear Power Plant (BNPP) in Morong town, northwest of Manila.
