DBP in trouble?

Where is Development Bank of the Philippines president Rey David? Rumours have it that David is now in the States. And why there? Is it to attend the UN meeting? Maybe. Or maybe not. David had been away since the Lehman Brothers collapse. And why in the US?

Wagging tongues say he's there with a mission--how to recoup US$160 million losses due to exposure to the Lehman Brothers and Merrill Lynch collapse. Is this true?

And why is GMA in the US? Official statements show that GMA went to the States to learn more about the US sub-prime crisis. Whattah? Meaning, Gloria wants to see first-hand what it means when people say "crisis"? She just needs to look around the Pasig river and she'll already see and feel crisis.

Is there a connexion between GMA and David's trips to the US? Has David been successful in mitigating the investment losses of the First Family, as some sectors alleged? Sectors say GMA and her husband the First Grafter, err, the First Golfer have incurred millions of dollars worth of failed investments in the US that David, a trusty lieutenant, has been tasked to "re-coup".

Is this true?

Other sources say, wealthy Pinoys are frantically withdrawing their monies from foreign banks and trying to either setup their own or buy banks, especially rural banks. And sources say, that's the plan of the First Famine, err, First Family, to try to get what's left of their investments and re-invest locally. Is this true? Is there a "conjugal crisis" happening there in the Enchanted Kingdom?