There are five main levels of debt-holders in the SIV - owners of medium-term paper, commercial paper and holders of senior, mezzanine and junior subordinated debt. .
Source link: http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article2726873.ece
Sometime in 1991, Dr. Cesar Pobre, a retired AFP colonel who graduated with the class of 1952, was working for a master�s degree in history at the University of the Philippines. In the course of his research work, he discovered the fact that �as part of the major organizational efforts at modernizing the Filipino armed forces, the President of the Revolutionary Government and General-in-Chief, Emilio Aguinaldo, issued a decree on October 25, 1898 establishing an Academia Militar in the town of Malolos, Bulacan.� As a result of this discovery, Pobre published a paper entitled �A Historical Analysis of the Roots and Growth of the Philippine Military Academy.� .
Source link: http://opinion.inquirer.net/inquireropinion/columns/view_article.php?article_id=95884
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