MARC details
000 -LEADER |
fixed length control field |
02935nam a2200301Ia 4500 |
001 - CONTROL NUMBER |
control field |
211449 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
0000000000 |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20211104044737.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
101105s2009 ph a 001 0 eng |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9789719426110 |
040 ## - CATALOGING SOURCE |
Description conventions |
rda |
050 ## - LIBRARY OF CONGRESS CALL NUMBER |
Classification number |
HD 2905 |
Item number |
.Ar54 2009 |
100 ## - MAIN ENTRY--PERSONAL NAME |
Personal name |
Armas, Armando. |
9 (RLIN) |
52254 |
245 #0 - TITLE STATEMENT |
Title |
Trilateral monopoly : |
Remainder of title |
mythology of destructive creation / |
Statement of responsibility, etc. |
Armando Armas Jr. |
264 ## - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
Place of production, publication, distribution, manufacture |
Manaoag, Pangasinan : |
Name of producer, publisher, distributor, manufacturer |
Manaoag House, |
Date of production, publication, distribution, manufacture, or copyright notice |
©2009. |
300 ## - PHYSICAL DESCRIPTION |
Extent |
167 pages : |
Other physical details |
illustrations |
Dimensions |
22 cm. |
336 ## - CONTENT TYPE |
Content type term |
text |
Source |
rdacontent |
338 ## - CARRIER TYPE |
Carrier type term |
volume |
Source |
rdacarrier |
500 ## - GENERAL NOTE |
General note |
Includes index. |
520 ## - SUMMARY, ETC. |
Summary, etc. |
Armas narrates the continuing evolution and struggle in state capitalism and importantly investigates the following hypotheses: 1) Unlike history, mythology indicates that the wrongs that happened in the past, either economic or political events, will occur again. Financial crises will always happen again under the Basel BIS regime as under the Bretton Woods regulations. 2) In theory, the PDS Group contradicts the nature of the firm. The integration of FX trading in PDEx is absurd. Even then, the integration within the PDS Group of its subsidiaries is against the foundation of economics. Of the BAP, the PDS Holdings is most unprofitable. Even with the SEC-granted de facto monopoly, the PDS Group could not turn profitable. It charges extortionate prices in trading, settlement, and custody. 3) In fiscal history and WFE statistics, public debt papers are almost all traded at the OTC markets. No bond exchange in the world has survived on trading of government securities. Like candles in competition against the Sun, PDEx is no match against the global supremacy of Bloomberg. 4) Organized exchanges, like the Cosa Nostra, are a private monopoly to eliminate public competition. A self-regulatory organization (SRO) regulates its members to enhance their collective profits. Let the public be damned says the cartel credo. The code on honesty among thieves slyly violated social justice with impunity. As an unnecessary evil, the SEC granted SRO status to PDEx, a rent-seeking corporation - not of traders, brokers and dealers. 5) The trilateral monopoly represents evil financial repression in the 21st century. It is the best way to rob banks, stockholders and depositors. As it is against the Philippine Constitution, did the PDS Group also violate the Revised Penal Code? In defense of the integrated tollgates, BAP President Cesar EA Virata hyped the 1997 Asian Financial crisis to suppress the muted opposition against the PDS Holdings. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Banks and banking |
9 (RLIN) |
16844 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Finance |
Geographic subdivision |
Philippines. |
9 (RLIN) |
113857 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Government securities |
Geographic subdivision |
Philippines. |
9 (RLIN) |
113858 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Monopolies |
Geographic subdivision |
Philippines. |
9 (RLIN) |
113859 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Securities fraud. |
Geographic subdivision |
Philippines. |
9 (RLIN) |
113860 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Koha item type |
Isagani R. Cruz Collection |