Wednesday, March 18, 2009

New SEC Policy

New policy over at the Securities and Exchange Commission (SEC) what with the recent appointment of long-time bureaucrat and big-time operator Manuel Gaite as Commissioner, replacing the controversial SEC official Martinez.

FOR BUSINESSMEN, here's the new sign:

SECURE your business by
EXCHANGING some
COMMISSION to us.

500,000 pesos and you'll be okey.

This recent appointment shows you how government regard business and corporate affairs--another money making venture.

On the flipside, maybe Gaite was appointed to this post for another purpose---that of securing the future takeover of Meralco and as a threat to businessmen opposed to Mrs. Arroyo to toe the line or else...

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