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Home » Archives » October 2008

How safe are Philippine banks?

October 29, 2008

How safe are Philippine banks?

10/28/08

Posted under banking, economy, subprime

Manuel and Garcia Sunlife

Michael Manuel and J. Edmond Garcia of Sunlife

With Banco de Oro posting a P1.3-billion loss in the third quarter due to its exposure to bankrupt Lehman Brothers there’s bound to be questions on how the banking industry will fare as a whole, considering that this crisis has its roots in the financial sector.

Here is the transcript of portions of a recent interview I had with J. Edmond Garcia, director for investments of Sun Life Financial Philippines, and Michael G. Manuel, chief investment officer of the same company. These guys have been watching different sectors of the Philippine economy closely since they were stock analysts more than 10 years ago. (more…)

Posted by leeangelo at 10:03 am | permalink | comments[1]

25 Most Expensive Colleges For 2008-2009

Here are the 25 most expensive colleges for 2008-2009, based on total cost (tuition + room and board). Whooie, this is some pricey book-learnin’.

Highest Total Cost 2008-2009

College | Total Cost

1. Sarah Lawrence College | $53,166

2. George Washington University | $50,312

3. New York University | $50,182

4. Georgetown University | $49,689

5. Connecticut College | $49,385

6. Bates College | $49,350

7. Johns Hopkins University | $49,278

8. Skidmore College | $49,266

9. Scripps College | $49,236

10. Middlebury College | $49,210

11. Carnegie Mellon University | $49,200

12. Boston College | $49,020

13. Wesleyan University | $49,000

14. Colgate University | $48,900

15. Claremont McKenna College | $48,755

16. Vassar College | $48,675

17. Haverford College | $48,625

18. University of Chicago | $48,588

19. Union College (NY) | $48,552

20. Colby College | $48,520

21. Mount Holyoke College | $48,500

22. Tufts University | $48,470

23. Bard College at Simon’s Rock | $48,460

24. Franklin & Marshall College | $48,450

25. Bard College | $48,438

No thanks, I prefer my in-state tuition and debt-free at 25 method of matriculation.

Most Expensive Colleges for 2008-2009 [CampusGrotto] (Photo: Getty)

 —–

Out of curiousity I tried to compute how much is the cost in Philippine Peso for the top school.  

Sarah Lawrence College $53,166 = 53,166 x Php 49 (let’s have 49 as the conversion)

Php 2,605,134 for one school year  

 

source: http://consumerist.com/5069146/25-most-expensive-colleges-for-2008+2009

Posted by leeangelo at 9:50 am | permalink | Add comment

Advice From Warren Buffett

October 27, 2008
A day after taking my board exams, I told myself that I’ll be checking YouTube and other sites I frequently visit.  Being a Warren Buffett fan, I came across this video in YouTube by CBS News.  Have some time to watch it.
Posted by leeangelo at 9:16 pm | permalink | Add comment

RP can ride out US financial crisis: experts

October 3, 2008
Written by Lala Rimando   
Tuesday, 30 September 2008

While the financial markets in the US and Europe go through days of wild roller-coaster ride as they seek solutions to trillion dollar-worth toxic mortgages, Philippine analysts and regulators continue to hammer messages that could be summed up with this: Relax.

Markets all over the world, especially in the US, Europe, and some Asian exchanges, plunged immediately after the US congress thumbed down Monday the proposed $700 billion bailout plan that was supposed to solve the core of the mortgage problem that rippled to various financial players beyond the banking system.
(more…)

Posted by leeangelo at 8:33 pm | permalink | Add comment

Is Your Mobile Phone Original or Not?

October 1, 2008

Would you like to know if your mobile is original or not?

Press the following on your mobile keypad:

*#06#

and the international mobile equipment i.d. # appears.

Check the 7th and 8th digit numbers.

(more…)

Posted by leeangelo at 9:56 pm | permalink | comments[1]