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Business

Vivian le difference!

SPYBIZ - S.A. Maguire -
Makati Business Club (MBC) member Vivian Yuchengco is on the warpath once again, this time against MBC Executive Director Bill Luz who figured so prominently in the Black and White Movement (BWM) launch the other day. She has written a strongly worded letter addressed to the MBC Board, especially to its Chairman Dick Romulo, asking who again authorized this type of behavior. In the letter, she said that if Bill has not been authorized, then he should resign from the MBC or at the very least, take a leave of absence because he does not speak for the entire membership of the Club. She also asked for a copy of the July 8 Board resolution asking President Arroyo to resign. She further demanded the results of the latest board elections, and the survey that was taken to show whether the Board is in fact authorized to speak on behalf of the entire membership on matters of national importance. As they say, there’s only one Vivian – Vivian le difference! We wonder if there’s still a way for Vivian and Bill Luz to make up – but definitely not with a French kiss!
Vultures Circling At The Insurance Commission
Our insurance Spy-Ring reported that the vulture who is scheming and salivating to get Insurance Commissioner Ben Santos’ post has allegedly been texting this message to her supporters and friends: "My friend received another reassuring call. He talked to Pichay and d guy said d report to malacanang is as follows: santos received 30M from malayan for his house in forbes, 4M from south sea for license, 2M from atayde plus 1M a month for d consortium, then he asked cabangon chua to construct his house for free. Chua refused and provided evidence. Wala na raw hope yan santos" The Spy-Ring added that Santos is keeping his faxed appointment. Last Monday, he reportedly told the vulture to her face that he is not stepping down. The vulture ran to the Department of Finance (DOF) but Secretary Teves was not there. The DOF people don’t want to release anything to the press because it will be Secretary Teves who will announce developments at the Insurance Commission. Some industry insiders say that the vulture and the usurpers do not know the business. We beg to disagree. The Spy-Ring disclosed that the vulture and her cabal have long been making hay with the LTO’s mandatory comprehensive Third Party Liability (TPL) policies. To prevent another SBMA mess, the Palace should look at the sky to see the vultures circling the Insurance Commission.
The Only Dick In Town
>No matter how much Dick Gordon denies that he did not use his position as Senator in the appointment of Armand Areza as SBMA Administrator, it has been confirmed by reliable sources that he really pushed for it. In fact he initially wanted his wife Kate to take over the position, but then it would have been too obvious. Next he tried his former deputy Inky Reyes but that didn’t work either. Of course, people know how he finally found a way to push for his former sidekick. A clear case of blackmail, where Dick used his Senate position as leverage with the impeachment sword hanging over GMA’s head. There’s really only one Dick in town.
Act Of Rat-Ification
A Spybiz reader sent this email: "There’s no doubt the Opposition congressmen planned the tantrum during the Justice Committee hearing in Congress because they couldn’t convince anybody anymore to join in their lost cause. Even Dinky Doo Dah’s BWM press con turned out to be a dud, and its link to the staged walkout is just too obvious. The Opposition front – comprised of the Left, a strange combination of Noynoy Aquino, Imee Marcos, Jinggoy Estrada together with the Evil Society – are resorting to childish theatrics because they’ve run out of arguments and evidence to bolster their claims. The Opposition congressmen and their allies have thrown the congressional processes to the wastebasket. It’s a sheer act of RAT-ification for GMA’s former Cabinet members, of whom Dinky is the most prominent. At one point, the former Social ‘Weather’ Secretary said, ‘GMA and I care for one another,’ and on another occasion called GMA evil. Which is which? Fair weather friend, indeed. They are now ratting on their former boss because they’re not getting the cheese anymore."
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ACT OF RAT-IFICATION

ARMAND AREZA

BLACK AND WHITE MOVEMENT

CENTER

CHAIRMAN DICK ROMULO

DEPARTMENT OF FINANCE

INSURANCE COMMISSION

SECRETARY TEVES

SPY-RING

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