Grupo Panamersa's Blog

Tuesday, September 30, 2008

A message to all Pan Americans…

PANAMERSA historic preamble: There has been social evolution since the beginning of mankind. However, social evolution has not meant social responsibility. The lack of social responsibility equates to inequality. It exists everywhere and the western hemisphere is no exception. It involves identity, purpose … and vision.

Since our discovery by Europeans in 1492, many people have tried to define and earn a single identity for the western hemisphere. Most of these attempts were socially responsible efforts at liberation. In the process of liberating the western hemisphere from the Spanish, English, Portuguese, Dutch and others, smaller regions created their own freedom and self rule. When countries earned this autonomy they thought they had come out ahead, even though their new isolation, economic and political spoils often made them wonder. The new governments learned that the price of liberation had hidden costs such as with other autonomous nations.

Now having finished half a millennium of various New World orders, we find that there is yet another price to be paid. We see that it is impossible for societies, as nations, to grow within our own boundaries at the cost of the growth of others. Concern for others is the final payment each of us must make as we transform our narcissistic cultures into a new social order incorporating timeless moral values with social responsibility and Pan American ideals.

Many men have valiantly tried to establish Pan American Ideals during the past 500 years, but Pan Americanism, as it is evolving today, did not begin until the arrival of Simon Bolivar. While Bolivar and Marti are most responsible for the movement developing today, we must remember other true Pan American centurions such as San Martin, Morazan O’Higgins, Torrijos, to name only a few. All of these centurions were Pan Americans in their personal ideals. All of them contributed to the new Americanism, but none of them had the vision of total western hemisphere Pan Americanism.

The time to build Pan Americanism is here and PANAMERSA is the catalyst. PANAMERSA can imbue the Western Hemisphere with an aura of unity, improve the morale and increase the productivity of its people. Never before has the necessity for cooperation between neighbors been so needed. Never has there been a better time in history to promote the ideology of Pan Americanism.

Pan Americanism is social freedom through integration … “This freedom should not be seen as a metaphysical power of human nature, nor as a right to do whatever one pleases … We do not what we want and yet we are responsible for what we are-that is the fact.

Mission Statement: Pan Americans have, some wittingly and some unwittingly, made tremendous progress towards repositioning ourselves to compete cohesively in the global markets. This is the Key: To achieve economic development trough integration, respect and responsibility. The state of being Pan American is gaining strength trough various organizations and agreements. Now is the time for Pan Americanism to move forward in the 21st century.

PANAMERSA Vision: From deep within the heart of the Western Hemisphere a theory of cooperative genesis is emerging. But it is not only a theory. It is a state of being, called Pan Americanism, a reality. Future historians of economic and social evolution may very well regard the 21st century as the golden age of Pan Americanism. The stepping-stones of Pan American ideals were born in the 19th century with the liberating exploits of Simon Bolivar. His philosophies and actions set the stage for generations to come. But consider what has taken place during the past 100 years. Consider at the dawn of the 20th century communism was only a theory by Karl Marx, Cuba was virtually an extension of the United States, and the technological revolution hadn’t yet created the disparities between the developed countries. Even the most imaginative leaders did not envision nuclear weapons, computers, mass transportation, communication modes, and the superpowers’ childishness towards each other at the time.

During the last 100 years, entrepreneurs and inventors have contributed an impressive array of discoveries to the ever expanding base of human knowledge. Amazingly, however, as these developments financially enhanced the Northern countries exponentially, the struggling countries in the South were subtlety manipulated into providing their natural resources to satisfy the appetites of their gluttonous, “developed” neighbors.

Pan Americanism addresses these issues, political movements and cultural matters. To accomplish this transformation of our society into a socially responsible and caring one, we must all become the leaders in the evolution of values that do not aim to disrupt and divide our culture, but to strengthen and unify it.

The Pan American vision is beginning to build a self-directed society, one that provides empathetic guidance. One that ensures the unfolding of trade barriers to economic growth; not so much for ourselves, but for future generations. This will evolve naturally from our having learned to set healthy limits, not prohibitive one, and to organize these limits collectively into a cultural moral code that each of us might be guided by. If we as individuals act Pan American, our respective nations will follow.

Pan America Sociedad Anonima PANAMERSA is modestly simple to describe. It stands for and promotes Pan Americanism. However, Pan Americanism requires a complex description…

Pan Americanism is of the people, by the people and for the benefit of all Pan American people. It is a doctrine. One that develops teaches and forges a sense of belonging…a state of being.

To accomplish our mission, we developed the Grupo PANAMERSA network in the Western Hemisphere identified as the four regions:

America I, II, III and IV.

Pedro Borges Fiol

Grupo PANAMERSA

PAN News Network

Monday, September 22, 2008

A good example of transparency and audited financials by a world class accounting firm: Lehman Bros.' demise.

- Lehman administrator seeks $8bn
- Lehman Brothers UK staff packing up
- Lehman's administrators want to repatriate $8bn from the US

The European administrators of failed US investment bank Lehman Brothers have filed a court order in New York demanding $8bn (£4.4bn) is returned from the US to London.

Lehman's demise sent shock waves through global markets, undermining confidence in the financial system.

Tighter regulation

The UK prime minister said that international regulation of the financial system must be brought up to date in the wake of the recent turmoil.

Gordon Brown told the BBC: "We're in a new economy, a global financial economy, the world is changing very fast, but the governance of the global financial system has not caught up with it and that's what's got to change."

The global financial impact of the demise of Lehman Brothers is still emerging as firms worldwide state their degree of exposure to the bankrupt firm.

In Hong Kong, angry investors marched to government offices on Sunday calling for action after losing money on investments linked to the failed investment giant.

Last week, UK bank Barclays snapped up some of the core assets of the Wall Street giant, including its New York headquarters, for $1.75bn. (BBC report)

Grupo PANAMERSA

- PAN News Network -

Saturday, September 20, 2008

We are very proud to be Grupo PANAMERSA, Outside Corporate America II USA.....

Lehman hires Jeb Bush as private equity advisor
Thu Aug 30, 2007 5:36pm EDT

NEW YORK, Aug 30 (Reuters) - Lehman Brothers has hired Jeb Bush, brother of the President of the United States, as an advisor to its private equity business, a source familiar with the situation said.

Lehman hired another relative of U.S. President George W. Bush last year--George Walker, a second cousin, who heads up the bank's asset management business.

Jeb Bush is the former governor of Florida.

Lehman Brothers declined to comment.

(Reporting by Dan Wilchins REUTERS)

Grupo PANAMERSA

- PAN News Network -

Tuesday, September 16, 2008

Crisis Management - Reajustes en cara de situacion actual desde America II EEUU - Readjustments in face of current situation from America II USA

Español:
Las secuelas a que nos ha venido arrastrando la inestabilidad financiera que se ha generando en el mercado de valores como consecuencia de las malas políticas financieras y la falta de politica de cumplimiento implementadas en América II Estados Unidos en los ultimos años y la debacle que se vislumbra en el corto plazo no nos dejan margen alguno para operar con una lógica coherente que le permita a FUNDAPAN preservar a sus beneficiarios de ese desastre. En tal sentido, con la responsabilidad que nos caracteriza en nuestro plan de negocios PANAMERSA y con la obligación moral y legal que tenemos de resguardar por encima de todo el patrimonio que se nos ha dado en custodia por nuestros beneficiarios, no tenemos otra opción que la de asumir una posición ineludible de reajustar los esquemas operacionales en las cuatro America y nos solidarizamos y mantenemos nuestra posicion de liquidez basados en reservas de oro. Estas medidas estaran siendo revisadas periodicamente.




English:
The consequences of misguided financial and operational practices and the lack of proper compliance policies during the last years in the capital markets from within America II USA have led us to this point of financial uncertainty and the impending debacle leave us without room to manage a coherent financial logic that allows FUNDAPAN to absolutely protect their beneficiaries. In this sense and with the responsibility that characterizes our PANAMERSA business plan and with the moral and legal obligations that we have to protect our beneficiaries' assets first and above all, we have readjusted our operational schemes in the four America by fortifying our position of liquidity based on gold reserves and not currencies. These measures will be periodically revised.

- Fundacion Panamerica (FUNDAPAN) -

- PAN News Network -

Sunday, September 14, 2008

To all Beneficiaries, affiliates and associates Fundacion Pan America (FUNDAPAN) will not convert Gold to Federal Reserve Notes…

Have you heard?

It is now clear that we are again – as we were in mid- March at the time of the Bear Stearns collapse – an epsilon away from a generalized run on most of the shadow banking system, especially the other major independent broker dealers (Lehman, Merrill Lynch, Morgan Stanley, Goldman Sachs). If Lehman does not find a buyer over the weekend and the counterparties of Lehman withdraw their credit lines on Monday (as they all will in the absence of a deal) you will have not only a collapse of Lehman but also the beginning of a run on the other independent broker dealers (Merrill Lynch first but also in sequence Goldman Sachs and Morgan Stanley and possibly even those broker dealers that are part of a larger commercial bank, I.e. JP Morgan and Citigroup). Then this run would lead to a massive systemic meltdown of the financial system. That is the reason why the Fed has convened in emergency meetings the heads of all major Wall Street firms on Friday and again today to convince them not to pull the plug on Lehman and maintain their exposure to this distressed broker dealer.

Here's a quick look at what's happened at Lehman over the last 6 months or so.

March
The demise of Bear Stearns focuses attention on which Wall Street firm, if any, is next

April
The firm raises $4bn in capital, funds it basically says it doesn't really need for asset writedowns it doesn't really have. CEO Richard Fuld says that the worst of the market crisis is over, but cautions that the environment remains 'challenging'.

May
Lehman announces that 5% of headcount, 1,500 jobs, will go.

June
The firm says that it estimates that it has lost $3bn in the second-quarter due, in the main, to asset writedowns, and says that it will raise an additional $6bn in capital. Fuld removes the firm's Chief Financial Officer and the Chief Operating Officer from their posts.

August
Rumors persist that Fuld is looking to sell all, or part, of the firm's Investment Management Division, which includes asset management, hedge funds and private banking. He is also said to be actively looking for investors to shore-up the firm's capital base.

September
2nd - the story breaks that Lehman is in discussions with the state-owned Korea Development Bank (KDB) over a possible investment in / buyout of the firm.
8th - 9th - Lehman shares fall 52% as stories surface that the firm is struggling to find investors and that the KDB talks have failed over price-related issues.
10th - the firm issues its preliminary third-quarter earnings a week early, saying that it lost in the region of $3.9bn. Lehman outlines something of a strategic plan in an attempt to reassure the market, but the plan is short on specifics and fails to reassure investors.
11th - Lehman's shares fall another 42%, and bankers are said to be pouring over the firm's books trying to come up with a deal. Lehman's stock had now fallen over 75% in just a week.
12th - 14th - Wall Street's finest are called into a series of meetings with the US Federal Reserve, as the central bank tries desperately to pull together a deal / bail-out ahead of the opening of the markets in Asia.


- PAN News Network -

Monday, September 1, 2008

WINNING…

In 1976 the Czech artist and animator Jan Svankmajer had his work suppressed by the communists.

Had he the wrong point of view?

Or was it the right point of view seen by the wrong people?

Today he is a national treasure.

Is he now right and they were wrong?

Or is he still wrong and they were right?

It is exactly the same work, but seen from a different point of view. The prevailing one being what the majority think.

People are like sheep: They follow the leader. It is the leader who has a point of view about which way they should go.

Having an original point of view or angle is a novelty. Recognizing its value its intelligent.

Having the courage to stand up for it in the face of public opinion is makes you a winner.

PANAMERSA Corporation pnms:PK