Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Why Banco Filipino Failed Part II.m4v

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
387 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Apr 7, 2011

This video attempts to explain why Banco Filipino failed for a second time in March 2011 and why the best way to rob a bank in the Philippines is to own one. Part II describes the sale of disguised loans to dummy corporations and how this adversely affected the bank's financial condition. It also illustrates how the Philippine regulatory and justice system make it very difficult to ferret out and prosecute financial fraud in the Philippines.

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (2)

Sign In or Sign Up now to post a comment!
Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more