Hi! I am Nina Lasala, former Treasurer of the Philppines. This blog is meant to be an open forum for investors, fellow finance professionals, and other interested parties to discuss the state of Philippine Debt Management.

Friday, February 25, 2005

An investor furnished his letter from his dealer Posted by Hello

6 Comments:

Anonymous Makati Investor said...

I gave this letter that I received from by bank branch manager regarding the change in custodian.

I am happy with my bank and was upset when I received this letter. I let my bank manager know this. I trust my bank. I ahve been banking with them for more than 30 years!

If I did not, then I would not do business with them or put my money there.

I told my branch manager that this is a waste of time and money. I also said that I do not want my name to be known by a custodian who I do not know either! I think I will just get time deposits or put my money in a dollar account.

Last November, I completed an authorization letter that my bank sent me. I waived secrecy so that my bank could transfer my account to this RoSS so that they would not be penalized by the central bank.

I am know being told by my bank that everything is on hold since "magulo daw ang central bank at RoSS at hindi pa matutuloy". Meanwhile I have an authorization letter that continues to be outstanding.

8:24 AM

 
Anonymous Anonymous said...

Mr. Investor,

In behalf of all market practitioners, I would like to offer my deepest apologies for the trouble this issue has caused. Unfortunately, we market practitioners are still deep in the thick of things, fighting to correct a system that has been surreptitiously shoved down our throats without consideration for anyone but the self-interests of those who are pushing for the system. This has gotten so bad that even the other practitioners who had been fooled into supporting the system early on are now denouncing it, as they claimed that they never saw the true implications of the whole thing, which is that it is a golden parachute for a select few. Worst of all, we practitioners are being strong-armed by our upper management, members of the BAP, to not fight the issue as the BAP itself is afraid that a failure of this system will mean a loss of face for them. This is so since they themselves did not see the "golden parachute" plans of their erstwhile member and that they are now too proud to admit that they had been had.

Please pray that there will be a speedy and fair resolution to this turmoil that is gripping the Philippine Money Markets today.

9:40 AM

 
Blogger oakleyses said...

burberry pas cher, michael kors pas cher, louis vuitton, polo outlet, oakley sunglasses, kate spade outlet, chanel handbags, ray ban sunglasses, ray ban sunglasses, polo ralph lauren, air max, louboutin pas cher, oakley sunglasses, tiffany and co, oakley sunglasses, prada outlet, sac longchamp pas cher, louis vuitton outlet, oakley sunglasses wholesale, nike free, louis vuitton, jordan pas cher, ugg boots, longchamp outlet, replica watches, nike air max, longchamp outlet, tory burch outlet, christian louboutin outlet, christian louboutin shoes, nike air max, cheap oakley sunglasses, christian louboutin uk, gucci handbags, ray ban sunglasses, replica watches, nike outlet, longchamp outlet, louis vuitton outlet, ugg boots, jordan shoes, tiffany jewelry, christian louboutin, louis vuitton outlet, uggs on sale, nike free run, longchamp pas cher, prada handbags, polo ralph lauren outlet online

9:05 AM

 
Blogger oakleyses said...

oakley pas cher, north face, true religion jeans, ray ban uk, burberry handbags, new balance, nike tn, nike free uk, coach outlet store online, guess pas cher, mulberry uk, michael kors outlet online, hollister uk, nike blazer pas cher, lululemon canada, michael kors, sac hermes, nike air max, kate spade, michael kors outlet online, michael kors outlet, timberland pas cher, hogan outlet, michael kors outlet online, ray ban pas cher, north face uk, michael kors outlet, burberry outlet, converse pas cher, nike air force, nike air max uk, hollister pas cher, abercrombie and fitch uk, michael kors outlet online, polo lacoste, michael kors, michael kors outlet, coach purses, vans pas cher, uggs outlet, ralph lauren uk, true religion outlet, replica handbags, nike roshe run uk, uggs outlet, nike air max uk, true religion outlet, true religion outlet, sac vanessa bruno

9:13 AM

 
Blogger oakleyses said...

gucci, abercrombie and fitch, baseball bats, bottega veneta, mcm handbags, nike huaraches, lululemon, hollister, reebok outlet, chi flat iron, ghd hair, p90x workout, celine handbags, ferragamo shoes, nfl jerseys, lancel, ralph lauren, nike air max, valentino shoes, north face outlet, instyler, new balance shoes, insanity workout, hermes belt, mont blanc pens, vans outlet, iphone cases, herve leger, wedding dresses, nike roshe run, north face outlet, converse outlet, jimmy choo outlet, nike trainers uk, soccer shoes, timberland boots, vans, converse, mac cosmetics, asics running shoes, ray ban, nike air max, babyliss, hollister clothing, beats by dre, soccer jerseys, longchamp uk, louboutin, oakley, hollister

9:18 AM

 
Blogger oakleyses said...

ugg uk, toms shoes, juicy couture outlet, replica watches, canada goose, moncler, canada goose outlet, wedding dresses, montre pas cher, canada goose, ugg, moncler, links of london, canada goose outlet, swarovski, swarovski crystal, moncler, louis vuitton, ugg pas cher, hollister, louis vuitton, moncler, doudoune moncler, pandora uk, marc jacobs, pandora charms, ugg,uggs,uggs canada, louis vuitton, karen millen uk, moncler outlet, moncler outlet, louis vuitton, canada goose outlet, ugg,ugg australia,ugg italia, moncler uk, louis vuitton, pandora jewelry, supra shoes, canada goose uk, juicy couture outlet, coach outlet, canada goose, canada goose jackets, pandora jewelry, thomas sabo

9:23 AM

 

Post a Comment

<< Home