Ferdinand Marcos
Use attributes for filter ! | |
Gender | Male |
---|---|
Death | 34 years ago |
Date of birth | September 11,1917 |
Zodiac sign | Virgo |
Born | Sarrat |
Philippines | |
Date of died | September 28,1989 |
Died | St Francis Medical Center |
Honolulu | |
Hawaii | |
United States | |
Presidential term | December 30, 1965 – February 25, 1986 |
Parents | Mariano Marcos |
Josefa Edralin | |
Height | 170 (cm) |
Job | Politician |
Jurist | |
Books | The democratic revolution in the Philippines |
Tadhana: The History of the Filipino People | |
Toward a New Partnership: The Filipino Ideology | |
The New Philippine Republic: A Third World Approach to Democracy | |
Marcos Reader: Selected Essays and Speeches | |
The Filipino Ideology | |
Quotations from Marcos | |
20 Years After: Germany in 1945 and 1965 | |
Spouse | Imelda Marcos |
Children | Bongbong Marcos |
Aimee Marcos | |
Imee Marcos | |
Irene Marcos | |
Siblings | Pacifico Marcos |
Elizabeth Marcos-Keon | |
Fortuna Marcos-Barba | |
Party | Kilusang Bagong Lipunan |
Full name | Ferdinand Emmanuel Edralin Marcos |
Grandchildren | Matthew Manotoc |
Previous position | Prime Minister of the Philippines (1978–1981) |
Date of Reg. | |
Date of Upd. | |
ID | 559188 |
Ferdinand Marcos Life story
Ferdinand Emmanuel Edralin Marcos Sr. was a Filipino politician, lawyer, dictator, and kleptocrat who was the 10th president of the Philippines from 1965 to 1986.
South China Sea: Philippines' Marcos defends removing Chinese barrier
... " They just can t put barriers in an area that is clearly inside the Philippines, " President Ferdinand Marcos Jr said...
'Dangerous manoeuvres' in China and Philippines' cat-and-mouse sea chase
... And it happened the day after Philippines President Ferdinand Marcos Jr met Chinese Foreign Minister Qin Gang in Manila, and expressed hope for open communication lines on the South China Sea dispute...
Living on the frontlines of a US-China flashpoint
... " The situation is heating up, " admitted Filipino President Ferdinand Marcos in a recent interview with a local radio station ahead of his visit to Washington this week...
King Charles coronation: Who is going - and who isn't?
... Polish President Andrzej Duda and Anthony Albanese, the Australian prime minister, have both said they are planning to attend - and local news reports say Pakistan s Prime Minister Shehbaz Sharif and the Philippines President Ferdinand Marcos will be there...
The 70s nuclear relic that may be about to open at last
... In the mid-1970s, with the world s economy reeling from the 1973 oil price shock, President Ferdinand Marcos Sr decided to bring nuclear power to the Philippines...
Credit Suisse: Bank collapse damages Switzerland's repudiation for stability
... Despite the scandals over the years related to the secret bank accounts of dictators (including Ferdinand Marcos from the Philippines, Congolese dictator Mobutu Sese Seko and many more), or the money laundering for drug lords and tax evaders, Swiss banks hung on to that reputation symbolised by Roger Federer: strong, and reliable...
US seeks deal on Philippines bases to complete arc around China
... The Filipinos had recently overthrown the hated dictatorship of Ferdinand Marcos, and sending the old colonial masters home would further cement both democracy and independence...
Philippines: Sara Duterte sworn in as vice-president
... She took the oath beside her running mate, Ferdinand Marcos Junior, who will soon replace her father as president...
Credit Suisse: Bank collapse damages Switzerland's repudiation for stability
By Imogen FoulkesBBC Geneva correspondent
So farewell to Credit Suisse . Founded in 1856, The Bank has been a pillar of The Swiss financial sector ever since. Although buffeted by the financial crisis of 2008, Credit Suisse did manage to weather that storm without a government bailout, unlike its rival-turned-rescuer UBS.
More recently, the marketing face of Credit Suisse has been Switzerland's tennis god Roger Federer . He smiles down from posters at Swiss airports, a symbol of strength, excellence, staying power and reliability.
But behind the glossy promotion were some big problems. Divisive management, costly exposure to collapsed finance company Greensill Capital, a seedy, and waning customer confidence in The Last few months, which saw billions being withdrawn from The Bank .
All it took to turn those doubts into a stampede was an apparently off the cuff remark from the Saudi National Bank, which owns almost 10% of Credit Suisse , suggesting it would not be increasing its investment.
Credit Suisse 's shares went into Free Fall , and even a statement of confidence from The Swiss National Bank, and an offer of $50bn (£41bn) in financial support, couldn't stabilise The Situation .
Asleep at The Wheel ?How could this have happened?
After the financial crisis 15 years ago Switzerland introduced strict so-called " Too Big to fail" laws for its biggest banks. Never Again , went the thinking, should The Swiss taxpayer have to Bail Out a Swiss bank, as happened with UBS.
But Credit Suisse is a " Too Big to fail" bank. In Theory , it had the capital to prevent This Week 's catastrophe.
Also In Theory Swiss financial regulators and The Swiss National Bank keep an eye on those systemically important banks and can intervene before disaster strikes.
It was odd, last week, to see the rest of The World reacting with real concern as Credit Suisse shares tumbled, and to hear, at first, nothing from Switzerland.
Even The Swiss media seemed not to notice the headlines over at the Financial Times , and seemed more interested in the continued debate over how much support neutral Switzerland should be offering to Ukraine.
By The Time people did notice, such damage had been done that Credit Suisse was beyond saving. The Fall out had begun to threaten not just Switzerland's entire financial sector, but Europe's.
As the government met in emergency session to try to find a solution, you could almost smell the panic in Bern.
It's hard to avoid the conclusion, some Swiss are now saying, that the very people who should have acted to prevent Credit Suisse 's meltdown were asleep at The Wheel .
Switzerland's reputation damagedThat lack of attention is going to be very costly. UBS's takeover, for the paltry sum of $3 billion, besides being an utter humiliation for Credit Suisse , is likely to leave its shareholders a good bit poorer.
There will also be job losses, perhaps in the thousands. There are Credit Suisse and UBS branches in just about every Swiss town. Once the takeover is complete, there will be little point in UBS keeping them all open.
But perhaps The Most costly damage of all could be to Switzerland's reputation as a safe place to invest.
Despite The Scandals over The Years related to The Secret bank accounts of dictators (including Ferdinand Marcos from the Philippines, Congolese dictator Mobutu Sese Seko and many more), or the Money Laundering for Drug Lords and tax evaders, Swiss banks hung on to that reputation symbolised by Roger Federer : strong, and reliable.
But now? A system that allows a 167-year-old bank to go belly up, in the space of a few days, at the cost of many jobs and massive losses in share value?
That could cause huge reputational damage. The Swiss banking sector, Switzerland's financial regulators, and its government, all say the takeover is The Best solution.
In The End , at the very last minute, it was the only solution. In The Coming days, there will be some tough questions to answer.
Related TopicsSource of news: bbc.com