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Aquino’s presidency will fall if... By Ronald Roy COMMENT 08/26/2010

Thursday, August 26, 2010

Aquino’s presidency will fall if...


By Ronald Roy
COMMENT

08/26/2010
I apologize for my strong remark about “personal gratification” being the reason officials of government financial institutions and other government agencies help themselves to unconscionable salaries and perks. I’m sure though Landbank’s officials can justify their total compensation packages (TCP).

When Presidential Decree 251 authorized Landbank to engage in commercial banking operations — in order to generate its own revenues to finance its agrarian reform mandate — it has since found it necessary to periodically adjust its TCPs in order to compete with such banking giants from the private sector like Metrobank and BDO. Mea culpa, Gilda Pico et alios!
Rear Admiral Feliciano Angue created his problems by washing dirty linen in public, his good intentions notwithstanding. He chose to diminish his professional standing instead of upgrading it with quiet dignity. He has thus provoked our wonder how he, with an ostensibly insubordinate and self-seeking nature, got those two stars on his shoulders in the first place..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/commentary/20100826com7.html

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