ARE you one of the 60 delegates of the Asia Pacific Association for Fiduciary Studies who deemed it appropriate/necessary to travel thousands of miles — apparently under funding from the retirees your Fund is entrusted to protect/aid — in order to nosh with the other 59 delegates?
Might you provide some enlightenment as to which of the 60 delegates concluded that Manila would be the most appropriate venue to learn more, at retirees’ fiscal expense, about such things as fiduciary obligation and responsibility?
Why not other metropolis locales equally noted, as is Manila, as to fiduciary bent — oh, maybe Jakarta, Indonesia; Lagos, Nigeria; Islamabad, Pakistan; or Medellin, Columbia?
Or, is Manila mandatory, given that BenTan’s ethical/fiduciary proclivities were honed there, under his handlers, so all 60 can be on the same TanCan page as to fiduciary perspective?
Well, then again, there’s always next year. Or next month. Or next week. For another off-island trip. Retiree-funded, that is, under guise of — fiduciary comport?
Of equal curiosity — will Chairman Guerrero be returning from Manila with the Philippine Stock Market clapper?
Or some other kind of clapper?

Yours sans clap-tivity,
BRUCE L. JORGENSEN
Manila-bound’
P.S. Any truth to the rumor that the Retirement Fund has lured CPA’s ex-legal counsel (aka Snidley Whiplash?) over to the Fund — at $1,335,412.59 in retiree-funded salary over three years — to advise as to professional/fiduciary obligations? Kind of the Fund’s version of a “Dream Team”?