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Monday, December 15, 2008

 

EDITORIAL

A huge red flag

Editorial Cartoon

Click to enlarge

THE rash of rural bank holidays is doing more than just undermining the Bangko Sentral ng Pilipinas’ claim that the local financial system is intact amid a wave of failures involving some of the world’s lending giants.

Viewed against the backdrop of legislative moves to raise the maximum deposit insurance coverage, the growing number of seeming bank failures is suspect.

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O T H E R   C O L U M N S  A N D  F E A T U R E S

 

BIG DEAL
By Dan Mariano

“It is wrong to say that an economic storm is coming,” University of the Philippines economics professor Benjamin Diok-no said at the Kapihan sa Sulo media forum Saturday. “The truth is that the storm is already here.”

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OPEN NOTEBOOK
By Random Jottings  

Filipinos who experience the magic and charm of the European Union Christmas will be reminded that many Filipino Christmas traditions started in Europe

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Severino O. Frayna Jr., Benjie Dela Rosa
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