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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)

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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