Word: ferdinands
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That cause was an unprecedented resolution to impeach President Ferdinand Marcos on charges that he and his family and friends have enriched themselves at the country's expense. The action was sparked by a report in the San Jose Mercury-News, a California daily newspaper, that the Marcos clan has invested some $766 million in real estate in the U.S. and Europe. Marcos' party, which controls the Batasan, easily defeated the motion before the committee. But the President was not relishing his victory. "It's hard to just laugh off these things when you're hurt," he said. "It makes...
...President Ferdinand E. Marcos, seven is a lucky number. Members of the 200-seat National Assembly were well aware of that last week as they witnessed the introduction of Cabinet Bill No. 7, the enabling legislation for snap presidential elections that the Filipino leader announced earlier this month. The bill proposed an unusual length for the campaign: 57 days. In place of the Jan. 17 election date that Marcos had initially suggested for the balloting, Bill No. 7 proposed another one: Feb. 7. Admitted the President's Political Affairs Minister, Leonardo Perez: "We are superstitious...
...would risk--and squeezing the most out of every opportunity. His global heft was so valued by the government that in the 1980s he was dispatched on state business to the Philippines, where AIG subsidiary Philippine American Life Insurance is the largest insurer. His mission: make clear to President Ferdinand Marcos that foreign investors were uneasy with the unstable government; he should step down or conduct fair elections. (Marcos didn't listen and ultimately fled in disgrace.) In the early 1990s Greenberg met with Russian President Boris Yeltsin at the Kremlin and won approval for an AIG investment there...
...outside the gates at the presidential Malacaņang Palace in the capital city of Manila. Participants arriving for a specially scheduled Cabinet meeting and a caucus of the ruling New Society Movement (K.B.L.) began queuing up at the palace an hour and a half early. At last, Philippine President Ferdinand E. Marcos called on his ministers to endorse their main item of business: Cabinet Bill No. 7, a call for elections to choose a President and Vice President on Jan. 17, 1986, 16 months ahead of schedule. The order was approved within seconds...
...ornate state dining hall of Malacaņnang Palace, the Rev. Jerry Falwell rose to salute President Ferdinand Marcos for standing tall against the specter of Communism, a compliment the right-wing U.S. evangelist had a few weeks earlier bestowed on South Africa's State President P.W. Botha. "Had it not been for the Marcos family," Falwell told an audience that included the First Couple, government supporters and officials, "the chances are that the freedoms you enjoy today would not be here." Falwell later shook his finger at the Reagan Administration for "bellyaching" about the need for financial and military reform...