Archive for the ‘DEADBOL’ Category

DEADBOL Conference is already set to go (2010-2-19)

The DEADBOL members have been cooking some specialty food from all over the world: from the USA, Australia, Germany, Great Britain, China, and of course, the Philippines. The recipe – A Conference with PDIC, some government officials, and DEADBOL members.
The Conference is on MARCH 16th TUESDAY at 6:30pm to 10:30 pm, conveniently planned after work with [...]

To an individual/organization or other entity with an interest in the future of the Philippines’ banking industry (2009-10-8)

 
 
We, an organization named DEADBOL (Depositors Enabling All Depositors in Banks Of Legacy), thought that it may be of some interest to you to become aware that a huge number of OFWs (Overseas Filipino Workers), expatriates currently residing in the Philippines, and other foreigners with financial interests in the Philippines, will no longer trust another [...]

An Open Letter to the President of the Philippines (2009-10-8)

Greetings to the Office of the President,
Dear Sir/madam:
We thought you should know why we, OFWs and expats living here have lost our trust in the Philippine banking system.  We, the OFWs, arenow looking on depositing our hard-earned monies to offshore banks.
We, the expats, also recommend to new arrivals of expats to leave their money in [...]

PDIC: We are all tired and gone -Waiting for you! (2009-9-26)

It has been months and months of waiting…still eating dried fish full of bones, no more meat at all. Until when  will this continue?
I am already getting tired of waiting. Is this the world-class service  insurance PDIC is promising? This is beyond nightmare already. I could not help but think of the future repercussions this [...]

A Plea from An OFW from Angola, Africa (2009-9-2)

I am a single mother of two.  I started working in Angola since 1993 (my youngest was only 4 yrs old at that time). Angola is not a modern country and  is a malaria-infested area and malaria is endemic, in fact,  99% of expats who work here gets malaria.  However, I stayed, suffered, cried  and tenaciously persevered in [...]

PDIC: Where art thou?? (2009-9-2)

I have been praying every night so that PDIC will hear my pleas. I thought, the people in the Philippines are God-fearing, God-loving, and compassionate. To my dismay, it is the other way around. They are all hypocrites.
Where is my money? Until now I have not been paid yet. I am eating dried fish, sometimes [...]

PDIC: A plea from a foreigner (2009-8-14)

When I discovered the Philippines back in 2005 I was amazed at the resilience and pride of its people and the natural beauty of the landscape, it was intoxicating.  I have visited it 12 times since meeting my fiance and we are expecting our first child, Brianna, by the end of the month.  Starting last [...]

PDIC : Great Mathematician (2009-8-13)

 I love my country, I have defended it to death. I buy Filipino even when I am abroad. I buy local when I come home. I send money to my family, friends and people I do not even know. I help a lot to stir the economy especially when I go on vacation to the [...]

PDIC: Look at the Mirror (2009-8-13)

Mirror, Mirror on the wall,
Will PDIC pay at all?
If they do, when will that be?
Why do they prolong our agony?
 

The Legacy of Philippine Deposit Insurance Corporation (PDIC) (2009-8-13)

Legacy is defined by Merriam-Webster as 1: a gift by will especially of money or other personal property, 2: something transmitted by or received from an ancestor or predecessor or from the past.
Let’s examine the “legacy” the PDIC is bestowing on bank depositors in the Philippines.
The group of Legacy banks closed in mid December 2008. [...]