Give and Take

About the book ＂Give And Take＂ This book reveals one of the most interesting facets of Larry Henares’ talents and inclinations. He is what his readers call ＂a traitor to his class.＂ A retired businessman and public servant with a talent for making money and an inclination to serve the least of his brethren, he now turns around to expose the venalities of his former associates, friends and relatives in business and government, decrying the conspiracies that betray the people’s trust. For a long time, Henares took over the front pages of the most popular sheet at the time, the Philippine Daily Inquirer, and made them the instrument of his crusade against graft and corruption, sparing no tycoon or taipan, not even friends and relatives. No more of his usual rib-tickling humor. His was the no-nonsense expose, with an expertise that was born of his being an engineer, an economist, a businessman, a math whiz and a cogent logical writer. And headlines that shook the public conscience and forced the Cory government to act on the anomalies of the times. He writes of the Ogre that never dies, so much quoted as a true phenomenon of our times; of the Debt-Equity Swap and Re-lending Schemes that enriched the rich and impoverished our government. He writes of the Steel Industry of which he himself was a pioneer, and the betrayal that broke the back of our Industrialization program. He writes of how Lopez took over Meralco; how Cojuangco bled the telephone monopoly; how Emil Yap took over and ran the Bulletin; and the PAL building scam. All in such exquisite detail, understandable to the ordinary reader and to the top expert, as only a Larry Henares can do in fearless give-and-take. BOOK 9: GIVE AND TAKE TABLE OF CONTENTS Foreword by Alfredo Tomas ＂Atom＂ Henares, son and businessman - p.6 CHAPTER ONE: The Ogre That Never Dies - p.11 Part 1. The Ogre That Never Dies - p.11 Part 2. Silence, stone-walling are best defense - p.13 Part 3. Marcos’ Scams Look Like Small Change - p.15 Part 4. PLDT Deal Pales Compared to Petroscam - p.16 Part 5. Petroscam: Kissinger’s House of Cards - p.18 Part 6. We Owe Joker A Debt Of Gratitude - p.20 CHAPTER TWO: The National Steal Corporation - p.22 Part 1. Aborted birth of the Steel Industry - p.22 Part 2. RP 20 years ahead of Taiwan, Korea - p.25 Part 3. Leo Virata’s DBP crucified the Jacintos - p.27 Part 4. Marcos used Laya to take over IISMI - p.29 Part 5. JoeCon afraid of pirates and privateers? - p.32 Part 6. Let’s get on with the Steel Industry - p.34 Part 7. Why NSC imports Christian’s materials - p.37 Part 8. Privatization, Integration imperative - p.39 CHAPTER THREE: Lopez’s Meralco deal: - p.40 Part 1. Cory: Meralco not for one family! - p.41 Part 2. Paying for a loan that’s not theirs! - p.43 Part 3. Control by a dummy firm or milking cow? - p.45 Part 4. Recapturing the glorious days of empire! - p.47 Part 5. Morgan and Ayala may earn 500% profit! - p.50 Part 6. Lopezes give their side! - p.52 Part 7. Conclusion: Rube Goldberg stinks! - p.54 Part 8. Inquirer’s Headline: MERALCO DEAL FROZEN - p.57 Part 9. Curses, foiled again by the Lopezes! (Feb.26,1990) - p.57 Part 10. Lopez uses our own money to buy us off (Feb.27,1990) - p.59 Part 11. Caparas gifts Lopez classmate P500 M (May23,1990) - p.61 Part 12. Lopez wealth gained thru politics (May 24, 1990) - p.63 CHAPTER FOUR: Emilio Yap’s Bulletin - p.65 Part 1. Bulletin is a study in contradictions - p.65 Part 2. Marcos got 53.86 % of Bulletin shares! - p.67 Part 3. Marcos children were to be Menzi’s heirs? - p.69 Part 4. Yap finally gets control of Bulletin - p.71 Part 5. Marcos’ Bull of Bashan underpays his staff - p.72 Part 6. Life with ’Doctor Don’ Emilio Yap - p.74 Part 7. In hushed tones, and then some - p.76 Part 8. Snatching Defeat from the hands of Victory - p.78 Part 9. The Changing Owners . . .(PLUS MANY MORE STUFF