RV: Sobre beneficios
Ariel I. CORBETTI
Esto se entiende por sí solo.
Ariel I. Corbetti
Martín Torrijos broke his promise not to privatize the Social Security Fund when PRD legislator Pedro Miguel González jammed in an amendment --- with no separate debate or vote on the amendment --- that will allow 25 percent of the fund to be invested in the private sector. That's about half a billion dollars at the moment.
Two consortia, ProFuturo and Progreso, manage private pension funds and have been the biggest backers of
private management of the CSS. Here's who you are dealing with:
ProFuturo:
Citibank
Banco General*
Banco Continental**
Federico Humbert (father of the person below)
Federico Humbert Arias (Panamanian ambassador to the USA, former publisher of La Prensa)
Alberto C. Motta C.
Stanley Motta
Felipe Motta Jr.
(Note that Grupo Motta, based originally in Free Zone import-export businesses, owns half of Copa Airlines and TVN)
Felipe Motta
Juan R. Humbert
Alfredo De La Guardia
Lorenzo Romagosa Jr.
Salomón Victor Hanono
*Banco General notables:
Emanuel González Revilla (CEO and chairman of MEDCOM, cousin of Ernesto Pérez Balladares)
Jorge Illueca (former president of Panama, foreign minister, etc. under the dictatorship)
Jaime Arias Calderón (head of Torrijos's transition committee)
Raúl Alemán Zubieta (Constructora Urbana SA --- CUSA --- and brother of canal administrator Alberto Alemán Zubieta)
Augusto Samuel Boyd
Alfredo De La Guardia
Juan B. Arias (La Prensa director)
Guillermo Chapman (Minister of Economy under Toro, in-law of Martín Torrijos, does consulting work for the government)
Ricardo Durán (Vice-Minister of Foreign Relations)
Juan Raúl Humbert
Ricardo Alberto Arias (Panama's ambassador to the UN, former foreign minister, former publisher of La Prensa)
Fernando Cardoze (co-owner of Cardoze & Lindo, who have a near-monopoly on heavy construction equipment in Panama)
Guillermo Chapman III (former Panama Canal Commission director) NOT TRUE.
Felipe Motta, Jr.
** Banco Continental notables:
Roberto Motta (Grupo Motta, TVN)
Stanley Motta (Grupo Motta, TVN)
I. Roberto Eisenmann Jr. (former publisher of La Prensa, part of family business that developed Coronado)
Jaime Arias Calderón
Osvaldo Heilbron
David Dayan
Lorenzo Romagosa
César Tribaldos (head CoNEP, the National Council of Private Enterprise)
Juan Pascual (until he sold recently, of Pascual cookies)
Alfedo Maduro
Progreso:
BBVA bank
BANISTMO***
CONASE
Aseguradora Mundial
Manuel José Paredes L. (Vice-Minister of Commerce & Industry, president of Aseguradora Mundial) Jorge Rubén Rosas
Augusto Samuel Boyd P.
Fernando Eleta Casanovas
Raúl Arango Gasteazoro
Guillermo St. Malo Eleta
*** BANISTMO notables:
Alberto Vallarino ("third force" presidential candidate in 1999)
Samuel Lewis Galindo (owner of Solidaridad party, uncle of Vice President and Foreign Minister Samuel Lewis Navarro)
Raúl Del Valle (head of the Chamber of Commerce)
José Miguel Alemán (Mireyista candidate for president in 2004)
Chato Alemán (father of the above)
Eduardo Ferrer (father of the present Minister of Commerce & Industry)
Ricardo Pérez (Grupo Toyota)
José Raúl Arias García de Paredes
Raúl Orillac
Lindo Toledano
Eric Antonio Delvalle Díaz)
So I stand by my assertion that the intention is to give a bunch of rabiblancos a half-billion credit line with which to speculate, at the expense of working Panamanians.
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The real problem with CSS and was no taken in consideration, is the highest grade of corruption in the administration of our retirement money. For years the`re stealing the money and no body is in the jail. Can you imagine that now, the director of CSS will have a salary of a minister? ( at least 10k )and that the money will come from our pockets.
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What you see, is the big fraud against the CSS. As you knows, we don´t have any laws to protect the bank customers ( as your FDIC ) against bad practices, neither for privates companies as Progreso/Profuturo. The money just will dissapear! By the way, those people is the same people who controls the economic power in Panamá.
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