Showing posts with label Sports. Show all posts
Showing posts with label Sports. Show all posts

Monday, December 17, 2012

MANNY'S LEGACY CAST IN STONE

MANNY'S LEGACY CAST IN STONE

ORIGINAL ARTICLE:
http://www.philstar.com/sports/2012/12/17/886910/mannys-legacy-cast-stone





Although Manny Pacquiao failed to win a single fight this year, there is no question he remains the symbol of Filipino pride and as he turns 34 today, the entire nation celebrates his remarkable life that has brought him from the depths of poverty in the streets of General Santos City to the pinnacle of success as one of the greatest fighters who ever lived.

If there is an athlete who personifies the heart of a champion, it is Pacquiao. Whether in victory or defeat, his humility is inspiring. He never gloated as he strung up 15 victories in a row over a six-year period, ascending to the top of the world’s pound-for-pound ladder. Along the way, Pacquiao victimized future Hall of Famers Erik Morales, Marco Antonio Barrera, Oscar de la Hoya, Miguel Cotto, Sugar Shane Mosley and the unpredictable Juan Manuel Marquez. Forbes named Pacquiao the planet’s second highest-earning athlete from May 2011 to June 2012 after Floyd Mayweather Jr, but if the cut-off was made a month earlier, the Filipino would’ve been No. 1 in the list with $62 Million, outbanking stars like Tiger Woods, LeBron James, Roger Federer and Kobe Bryant.

In 2004, Pacquiao received a $650,000 paycheck for battling Marquez to a split draw. A week ago, he was guaranteed at least $25 Million for his fourth meeting with the Mexican. In eight years, Pacquiao has metamorphosed into a global icon. The conservative estimate is the fourth chapter of the fierce Pacquiao-Marquez rivalry raked in over a million pay-per-view buys, making Pacquiao a certified box office attraction. Ticket sales exceeded $10.5 Million and the pay-per-view gross had to be at least $60 Million with Pacquiao pocketing a share of about $5 Million to add to his minimum. Pacquiao has delivered over a million pay-per-view hits in six fights, at least once every year since 2008.

In defeat, Pacquiao has never made excuses. Last June, he was outpointed by Timothy Bradley on a split decision that was a clear case of highway robbery. An independent panel of five boxing experts was assembled to review the fight in a post-mortem and the conclusion was Pacquiao deserved to win. But Pacquiao refused to cry foul, taking the defeat in stride and offering it up to the Lord. When he was knocked out cold by Marquez last week, Pacquiao never accused the Mexican of taking performance-enhancing-drugs to explain his incredible bulk and astounding power. Instead, Pacquiao vowed to come back with a vengeance and prove himself in a fifth duel – sooner or later. Unlike Marquez who raised a howl in three previous fights where he never won, Pacquiao extended his hand to the Mexican and credited him for a job well done after the fourth episode of their unfolding telenovela.

Pacquiao’s loss to Marquez was incidental. It won’t in any way detract from his stature as a fighter destined for enshrinement in the Hall of Fame because his legacy has been cast in stone since his emergence as the only fighter ever to capture world titles in eight different weight categories. No loss, no matter how devastating, will ever take the luster of Pacquiao’s unprecedented achievements.

How Pacquiao lost to Marquez was a testament of the style that has enthralled boxing fans since he turned pro as a frail-looking lightflyweight in 1995. It’s what has endeared Pacquiao to the sport’s cognoscenti. He pulls no punches, gives and takes no quarter, attacks with reckless abandon and leaves everything in the ring. There is no dull moment in the squared circle with Pacquiao’s unbridled workrate. He’s a crowd pleaser who gives the fans their money’s worth.
Dean's Corner ( Article MRec ), pagematch: 1, sectionmatch: 1

“When you let your hands go, you leave yourself open,” said Pacquiao’s trainer Freddie Roach, quoted by Thomas Hauser in his book “And The New … An Inside Look At Another Year In Boxing.” “When you exchange and throw punches like Manny does, you put yourself in harm’s way.”

The late Emanuel Steward, the Kronk Gym founder who gained a reputation as an astute TV boxing analyst, put it in perspective. “As good as Pacquiao is, he makes mistakes,” said Steward. “And he gambles in the ring. That means he’s more likely to do damage but he’s also more likely to get hit. And Marquez has the skills to take advantage of Pacquiao’s mistakes better than anyone that Pacquiao has ever fought. Marquez has great balance and great positioning. He can take that half-step to the side and make an opponent miss. He can change his style on the spur of the moment and alter the flow of a fight as seamlessly as any fighter I know.”

From the way both Roach and Steward analyzed the styles of Pacquiao and Marquez, it seemed inevitable that an outcome, such as what transpired a week ago, would happen in a series of fights if only because of the law of averages. With a second left in the sixth round, Pacquiao went in for the kill and got tagged with a counter right that ended the fight in a dramatic fashion. Pacquiao vowed to fight like he used to when in his 20s, he bowled over opponents like Lehlo Ledwaba, Morales and Barrera. But what he didn’t factor in the equation was Marquez’ new-found strength, developed by controversial conditioning coach Angel Hernandez who has a tainted history of dealing PEDs to athletes. In contrast, Marquez fought like a 39-year-old would, relying more on power than speed to level the playing field. Pacquiao paid the price for his bravado but in his mind, that was the only way he would lose – he went down swinging. If only for that reason, he won the admiration of even more fans.

Pacquiao’s rise to fame is a classic Cinderella rags-to-riches story where the clock will never strike midnight because his destiny is written in the stars. Today, as he turns 34, Pacquiao is faced with more daunting challenges, not only as a fighter but also as a public servant. He is seeking a second term as Congressman of Sarangani province and it is speculated that in 2016, he will run for Senator. Top Rank chairman Bob Arum, 81, said he hopes to live long enough to attend Pacquiao’s proclamation as president of the Philippines.

The issue of Pacquiao’s religiosity has been raised as a distraction in his boxing career. But for a man who is used to multi-tasking, it shouldn’t be a problem. Discipline is what separates the achievers from the failures. Pacquiao is a portrait of excellence in whatever he does – he is driven by a strong faith to do the best he can to honor the Lord. Whether a Catholic or born-again Christian, Pacquiao has dedicated himself to God, believing that “whatever happens after our life here in this world, I know where I’m going – I have Eternal Life.”


Saturday, December 8, 2012

LI NING (李宁)

LI NING (李宁)
http://frostwhisper2012.blogspot.com/2012/12/li-ning.html

 

4 AUG 1984: LI NING OF CHINA IN ACTION ON THE POMMEL HORSE AT THE 1984 LOS ANGELES OLYMPICS. 
NING WON THE GOLD MEDAL WITH A SCORE OF 19.95 POINTS.


Li Ning started training at the age of eight and he was selected into the national team in 1980. In 1982, he won six of the seven medals awarded at the Sixth World Cup Gymnastic Competition, earning him the title "Prince of Gymnastics" (体操王子).

Li is most famous for winning 6 medals at the 1984 Summer Olympics, which was the first Olympics in which the People's Republic of China participated. He won 3 gold medals (in Floor Exercise, Pommel Horse, and Rings), 2 Silver Medals, and a Bronze Medal. Li became the most decorated Chinese athlete at their first Olympics.

 

OLYMPIC JOURNEY


In 1984, the Chinese gymnastics team excelled, but in the team event it lost the Olympic title by 0.6 points to the USA. Ning’s first Olympic medal was a silver one, and this heralded the start of an impressive harvest.  In the All-around competition, Ning made a mistake on the Parallel Bars, which penalised him for the final ranking. With 118.575 points, the Chinese gymnast finished third behind America’s Peter Vidmar, silver medallist, and Japan’s Koji Gushiken, who won the gold.

He made up for this in the Floor Exercises, winning his first gold medal with the excellent score of 19.925 out of 20. He beat his compatriot Lou Yun, who managed 19.775.  Two gold medallists, twice.

On the Pommel horse, the competition was even tougher. Ning Li produced a remarkable performance which earned him the score of 19.950. The American Peter Vidmar also achieved an excellent performance. The two athletes had identical scores, and both stood on the top step of the podium. On the rings, Ning Li this time had to share the honours with Japan’s Koji Gushiken, as both men finished with the score of 19.850.

In the vault, for the first time in this event, four gymnasts tied for second place. With a score of 19.825, Li won silver, his sixth medal, making him the athlete with the most medals at the 1984 edition of the Games. This achievement earned him the nickname of “Little Prince Of Gymnastics”.

All in all, Li won 14 World Artistic Gymnastics Championships titles.
Li took part in his second 1988 Olympics despite carrying injuries. It was an end to an illustrious career, as he was off-form and made crucial mistakes which robbed him of the chance of a medal.


Li Ning was inducted into the International Gymnastics Hall of Fame in 2000, becoming the first Chinese inductee.

 

THE FINAL TORCHBEARER


Li Ning lighting the torch at the 2008 Summer Olympics


At the 2008 Beijing Summer Olympics Li Ning ignited the cauldron at the Opening Ceremony after being hoisted high into the air with cables and miming running around the rim of the stadium.







After his sports career, Li founded his own sports equipment company. He married his compatriot Youg-Yan Chen, a gymnast like himself and a bronze medallist at the 1984 Games. The Little Prince has today made a success of his post-competition career.
 

Li Ning Company Limited is one of the leading sports brand companies in China, mainly providing sporting goods including footwear, apparel, equipment and accessories for professional and leisure purposes primarily under the LI-NING brand.

Li-Ning is the Official Outfitter of the Argentinian and Spanish National Basketball Teams and is a major world outfitter in Badminton.


NBA Miami Heat's Dwyane Wade became Li-Ning's newest NBA Endorser on September 10, 2012.


SOURCES
Wikipedia
Olympic.org

Tuesday, December 4, 2012

MARY LOU RETTON

MARY LOU RETTON
http://frostwhisper2012.blogspot.com/2012/12/mary-lou-retton.html


Mary Lou Retton launches off the vault on her way to Olympic gold in 1984. (Getty Images)


Mary Lou Retton became America's darling and changed women's sports forever in the 1984 Los Angeles Olympic Games.

Inspired by watching Nadia Comăneci on television, Retton took up gymnastics in her hometown of Fairmont. She was coached by Gary Rafaloski. She then decided to move to Houston, Texas, to train under Romanians Béla and Márta Károlyi, who had coached Nadia Comăneci before their defection to the United States. Under the Károlyis, Retton soon began to make a name for herself in the United States, winning the American Cup in 1983 and placing second to Dianne Durham (another Károlyi student) at the US Nationals that same year. Retton missed the World Championships in 1983 due to a wrist injury. Nevertheless, Retton won the American Classic in 1983 and 1984, as well as Japan's Chunichi Cup in 1983.


After winning her second American Cup, the US Nationals, and the US Olympic Trials in 1984, Retton suffered a knee injury when she was performing a floor routine at a local gymnastics center. She had sat down to sign autographs when she felt her knee lock, forcing her to undergo an operation. She recovered just in time for the 1984 Summer Olympics in Los Angeles, California.


In the competition, which was boycotted by the Soviet bloc nations except for Romania, Retton was engaged in a close battle with Ecaterina Szabó of Romania for the all-around gold medal. Trailing Szabó (after uneven bars and balance beam) being 15 hundredths behind, with two events to go, Retton scored perfect 10s on floor exercise and vault--this last event in an especially dramatic fashion, as there had been fears that her knee injury and the subsequent surgery might impair her performance--to win the all-around gold medal by 0.05 points.




Mary Lou Retton for the win. (Getty Images)



At the same Olympics, Retton won four additional medals: silver in the team competition and the horse vault, and bronze in the floor exercise and uneven bars. For her performance, she was named Sports Illustrated magazine's "Sportswoman of the Year". She appeared on a Wheaties box, and became the cereal's first official spokeswoman.




SOURCES:
Wikipedia
Yahoo Sports
 

Tuesday, November 20, 2012

GREG LOUGANIS


GREG LOUGANIS
http://frostwhisper2012.blogspot.com/2012/11/greg-louganis.html






GREG LOUGANIS started competitive diving as a 10 year old. He took part in his first Olympic Games, the 1976 Montreal Games, aged just 16 and claimed silver in the 10m platform. Four years later, he was firmly established as the world’s best diver, but the United States’ boycott of the 1980 Moscow Games meant that he had to wait another four years to taste Olympic gold.

Louganis was coached by Korean-American Dr. Sammy Lee, a two-time Olympic champion.
Of Samoan and European descent, Louganis studied classical dance for many years, and this training provided the basis for the elegance and artistry of his performances. In addition to his Olympic titles, he won six World Championships and held many records for the highest marks ever achieved in competition.





1984 LOS ANGELES OLYMPICS


At the 1984 Los Angeles Games, Louganis found himself competing in front of his home crowd in California. He won the gold medal in both the 3m springboard and 10m platform events. This made him the first Olympian in 56 years to achieve this spectacular double.
He won the 1984 Olympics 3m Springboard Competition by a whopping margin 94 points, in a sport where the winning margin is measured in the Decimals.





In winning both the springboard and the platform at the 1984 Los Angeles Games, Louganis became the first man to pull off that Olympic double since American Pete Desjardins in 1928. He also was the first to pass 700 points in both events in the same Olympics. His 710.91 points remain the most recorded in the Olympic platform competition since the advent of the current scoring system, and his victory in the springboard was the most lopsided in the history of the Games.


SEOUL - SEPTEMBER 19: Greg LOUGANIS of the USA diving team hits his head on the board during competition at the 1988 Seoul Olympics on September 19. Photo shows him right after hitting his head.(Photo by Pascal Rondeau/Getty Images)




1988 SEOUL OLYMPICS


Four years later in Seoul Olympic Games 1988, Louganis was now a veteran of his sport and faced a number of upcoming younger rivals. Yet despite striking the board with his head in the 9th Dive of the 3m Springboard Qualification rounds, Louganis dramatically retained both his Olympic titles. Given his dominance, it is highly probable that the 1980 boycott prevented Louganis from winning the diving double at three consecutive Games, which would have been an unprecedented feat.

 

I watched this Event myself and this CEMENTED Greg Louganis' Legacy as the Greatest Diver Ever. He thwarted the threat of People's Republic of China's Tan Lian De, Xiong Ni and upcoming Chinese diving stars for 2 Olympic Games.


 



SOURCES
Wikipedia
http://www.olympic.org/gregory-louganis
Youtube

Saturday, November 17, 2012

KAREEM CAPTURED IN BRONZE

KAREEM CAPTURED IN BRONZE

ORIGINAL ARTICLE
http://www.nba.com/2012/news/11/16/kareem-abdul-jabbar-statue.ap/index.html?ls=iref:nbahpts







 LOS ANGELES (AP) -- Kareem Abdul-Jabbar's skyhook has been captured in bronze for future generations of basketball fans.

Staples Center unveiled a nearly 16-foot statue of the top scorer in NBA history Friday night, immortalizing Jabbar's famed hook shot alongside statues of fellow Los Angeles Lakers greats Magic Johnson and Jerry West.

Abdul-Jabbar pronounced himself humbled and grateful during a ceremony attended by numerous NBA greats ranging from Johnson and Pat Riley to West and Elgin Baylor -- and even Lakers superfan Jack Nicholson.

"Having lived my life and had the experiences I've had, I can understand now what a man like Lou Gehrig means when he considers himself the luckiest man on the face of the earth," Abdul-Jabbar said.

Abdul-Jabbar is depicted in his signature goggles, wristbands and the standard 1980s short-shorts below his No. 33 jersey. The 7-foot-2 center pulled a braided cord to drop a curtain revealing the statue to hundreds of cheering fans, who gathered under threatening clouds for the ceremony.

"I'm glad we got here before the pigeons got to it," Abdul-Jabbar said with a smile.
By any measure, Abdul-Jabbar is among the most significant figures in basketball history. His 38,387 points are the most in NBA history, and he spent two decades in the league with the Milwaukee Bucks and the Lakers. He won a record six MVP awards while setting records at the time for games played, total minutes, field goals, blocked shots, defensive rebounds and fouls.

Formerly known as Lew Alcindor, he arrived at UCLA in 1965 from his native New York City's Power Memorial High School. He won three NCAA titles with coach John Wooden, who received special mention while Abdul-Jabbar thanked the biggest figures in his basketball life.

"You never understand how important these people are until they're not with you," Abdul-Jabbar said. "With coach Wooden, I understood immediately."

The No. 1 pick in the 1969 draft won an NBA title with Oscar Robertson and the Bucks, who traded him to Los Angeles in 1975. The Lakers didn't break through until Johnson arrived in 1979, immediately teaming up for the first of five championships in nine seasons with the advent of the "Showtime Lakers."

"Thank you for taking us on a ride with you," Johnson said. "It was all because of your great leadership."

Riley recalled his first conversation with Abdul-Jabbar after he became the Lakers' coach.

"He said, `Pat, you won't have to worry about me,"' Riley said. "He was great, and he has been there for us his whole career. He was our protector, and he was the one who carried us."
Abdul-Jabbar did much of his scoring with the famed shot depicted in his statue -- including the basket with which he passed Wilt Chamberlain to become the NBA's career scoring leader on April 5, 1984, in Las Vegas. Former Milwaukee radio play-by-play announcer Eddie Doucette attended the statue unveiling and recounted the night he coined the term "Skyhook" while Abdul-Jabbar played for the Bucks.

Abdul-Jabbar also received praise from several speakers for his humanitarian work and dedication to education in his post-basketball life. He also has written books and worked on documentary films.

And though the Lakers insist there are no hard feelings with their sometimes-prickly ex-superstar, Abdul-Jabbar ruefully recalled a minor ruckus he started a few years ago by complaining that Johnson and West had been honored with Staples Center statues before him.

"I had a little too much to say about it not happening right away," Abdul-Jabbar said. "But they were patient with me."

Julius Erving, Bill Walton, Bill Sharman, Jamaal Wilkes, Kurt Rambis, A.C. Green and James Worthy also attended the ceremony. NBA Commissioner David Stern, former President Bill Clinton and Abdul-Jabbar's son, Amir, sent congratulatory videos.

"Kareem was the most selfless super player that I've ever seen in my life," West said.



Monday, November 12, 2012

DOES MONEY MAKE A WINNER

DOES MONEY MAKE A WINNER

ORIGINAL ARTICLE
http://www.philstar.com/sports/2012-11-12/865710/does-money-make-winner


The eternal debate in professional sports and all professionals, for that matter, is how much of a difference money makes. Why is it that even the greatest athletes in the world, who make the most prodigious salaries and revenues, resort to cheating when they have it all? On the other hand, why is it that providing the greatest funding does not guarantee success? Is money overrated as a motivator?

Eight decades ago Harry Harlow, a professor of psychology at the University of Wisconsin, was studying primate behavior – rhesus monkeys in particular. It was at this time that he hit upon a theory that was just recently rediscovered. For his lab animals, the performance of a task provides reward in itself, or what is called intrinsic reward. This has nothing to do with receiving any compensation or external (extrinsic) motivation. 

This was reinforced famously by Mark Twain, as shown in Tom Sawyer, the ability to pass on a loathsome task of painting a fence to two buddies by making them want to do it. If it seems cool, people will want to do it, for nothing. Or as Twain’s proposition goes, “that Work consists of whatever a body is OBLIGED to do, and that Play consists of whatever a body is not obliged to do.”

This is also a reason why collegiate basketball players seem to be more passionate than their professional counterparts. The consensus is that they seem to want it more. They choose to play for that school and they only have a limited career there. That seems to be hugely motivational, and it shows in the output. In many countries, collegiate basketball, for example, shows higher television ratings than professional basketball.

In studies around the world from the 1970’s onward, if someone expects a reward for completing a task, he inevitably performs the worst of all. The reasoning is that external reward turns play into work. This is also seen as the reason why the vast majority of Olympic champions do not achieve as professional athletes. It seems more artificial because they are being paid.

This is not to say that compensation is entirely bad. It is the basis for all business, after all, and relative value provides healthy competitive balance in all work environments. But there are flaws. Studies have shown that, even when you ratchet up the material compensation via bonuses and so on, there will only be a temporary spike in performance, followed by a prolonged dip.

After World War II, the stick was paired with the carrot. If reward did not do the job, would the addition of punishment at the other end of the scale help? That was the belief at the time. 

But eventually, the carrot and stick approach revealed flaws that have largely remained unacknowledged. First of all, the extrinsic reward may put out or even replace internal motivation. An offshoot of this is that when the reward is not big enough, performance stops altogether. It can also create a rollercoaster of bad behavior. Getting the reward (bonus, incentive, etc.) becomes the motivation, and the person being compensated may just be after that and do anything to get it. That’s one reason why more fouls are called in important games, and more cheating is revealed at higher levels where any little advantage makes a big difference, too. Players’ behavior deteriorates as the stakes get higher. Cheating, shortcuts and unethical behavior become the norm. Winning, not playing, becomes the overriding concern. And it’s been accepted as normal.

In another field, analysts predicted that open-source websites would never flourish. Large computer companies like Microsoft were confident that their encyclopedia programs would be best-sellers because you had to pay for them.  What happened was the reverse. Free online encyclopedias like Wikipedia exploded. People weren’t getting paid to contribute; they just wanted to. Now, new websites have found the balance. If you don’t trust free websites’ data, you pay for your own.

New research reveals that people work harder when they are acknowledged for their skills, feel they are part of a team, and have a certain degree of freedom to do what they want. This is spurring the change from old-school drill sergeant type of coaching to more flexible, analytical Mentoring. In sports, it is making the biggest difference.

Tuesday, November 6, 2012

THE LIFE STORY OF MVP


THE LIFE STORY OF MVP



ORIGINAL ARTICLE
http://www.millionaireacts.com/569/manny-pangilinans-success-story.html



I would start featuring success stories of famous entrepreneurs and leaders to serve as inspiration to others. Today, I will feature the life story of the highest paid Philippine Chief Executive Officer Manny V. Pangilinan, the CEO of the most profitable company and the largest company by market value – Philippine Long Distance and Telephone Company or PLDT, the Philippines' pioneer in telecommunications.


His life story came from his speech during the Ateneo Graduation last 2006 where he himself studied. During his speech, he narrated his own rags to riches story in three journeys from being a student to eventually becoming a corporate magnate. Let’s learn from him and be inspired.



OPENING


Manny Pangilinan
Manny V. Pangilinan




This day of academic ceremony must be a day of touching, personal memories. It is also a day to pause, and give honor and praise to your parents and to the good Lord for the grace to be at this place, at this time. While all of us may be seated, we’re actually standing on their shoulders, proud and thankful. Your years in college were a journey of discovery and preparation, a discovery of yourself and the gifts bestowed upon you. You’re now about to commence a new journey, of becoming an adult, of finding your place in society, of starting a future. Today, I’d like to share with you my own journey, as I traveled from being a student, to being a professional manager and an OFW, and now, an entrepreneur and corporate activist.


First Part Of The Journey: A Student

The first part of my journey begins with my family. My lolo (grandfather) started as a public school teacher in Pampanga and Tarlac, rising through the ranks to become superintendent of public schools and, eventually, secretary of education. My dad began his career as a messenger at Philippine National Bank, and retired as president of Traders Royal Bank, one of the larger banks in the ’80s. During my elementary years, I had ten centavos to buy a bottle of Coke, five centavos for crackers, another ten centavos to take the bus home from San Beda in Mendiola, which I made sure I wouldn’t lose, otherwise I would have walked home. In college, my weekly allowance at the Ateneo was P10, and that included my jeepney fares. I have a lot of classmates who have cars and others even have their own drivers. They were lucky. Someday, I said to myself, I will reach all those. My scholarships in both San Beda and Ateneo were only my lucky charms.

In late 1965, as my own graduation was approaching, I had come home from the Ateneo one Saturday afternoon, and spoke with my dad about taking an MBA in the States. I was met with silence, which meant there wasn’t enough money for an education abroad, that if I really wanted it, I had find a way myself. Fortunately, Procter & Gamble was offering a rare scholarship to the University of Pennsylvania’s Wharton School. It was a national competition. I entered-and won. For three generations of my family, life meant coping with challenges despite modest means, relying on God-given talent, hard work and a passionate determination to succeed.


Second Part Of The Journey: A Professional Manager


Let me now turn to the second part of this journey. After two years in Philadelphia, I returned home, hopeful about landing a managerial position in a large company. I struck out at first bat. My benefactor, Procter & Gamble, turned down my application. So I ended up taking the first job I was offered, as executive assistant to the president at Phinma for P1,000 a month. Without any job experience, we can’t be choosers, right? Grab the first decent job that comes your way, immerse yourself in work, and soon, you’ll find the right job, or it will find you.
After six years with Phinma, I decided to work abroad. There were the usual reasons: the glamor of being an expat in Hong Kong, the stifling staleness of my local career but, more importantly, I needed to find myself, to prove that I can stand on my own and succeed. The warmth of family ties, the comfort of an extended family system so embedded in our society were indeed beguiling, but I wanted to assert my independence.

I was recruited by Bancom International, a Philippine investment bank based in Hong Kong. It was a stimulating experience. I learned the dynamics of international finance from my Chinese colleagues, not from the Filipino executives. Thereafter, I was seconded to a joint venture investment bank with American Express. I had expected to be appointed CEO of that new bank, but wasn’t. While disappointed and even depressed, I soldiered on and, sure enough, this venture failed inside of two years. A huge dilemma confronted a young man of 30 years: return to Manila or stay with AMEX? I decided to remain a soldier of fortune in Hong Kong. Why? Because after this setback, I wanted to prove something to myself. I felt I had to prove to AMEX the Filipino can. Indeed, after four years with AMEX, I received a phone call from my boss in London. He said, “You’ve outgrown Hong Kong and are now ready for London, and to fast track your career.” After reflection, I politely said, no. I’ve proven the point to myself and to AMEX, and that had been enough. Besides, I felt Asia is my home — and so it shall be.



Third Part: An Entrepreneur and Corporate Activist

 
The third, and final part, starts with First Pacific. Whilst working in the region, I met some clients – foremost being Anthoni Salim – who were willing to support my idea of a regional banking and trading business. With their help, I founded First Pacific in Hong Kong in 1981. I started out with only six people, on 50 square meters of office space, and little capital. Now, the companies that constitute First Pacific have sales of $5 billion, with more than 60,000 employees across the region. But I won’t tell you about our successes at First Pacific. Instead, I’ll describe our failures – some of which indeed became total failures, but some of which we turned around and made a success.

In 1989, we were negotiating to acquire Hanimax, maker of middle to low-end cameras based in Sydney, Australia. I took the overnight flight to Sydney from Hong Kong, confident that when I arrived the following morning, a letter from an international bank approving our financing would await me. But lo and behold, it was a letter of disapproval. So there I was in Sydney, committed to purchase Hanimax, but without enough money to complete it.

Providentially, there was a competing bidder who sought to take us out of the race by offering a sum of money. That practice is called “greenmail.” Our gambit won $7 million that day when we had no cards to play. But there’s a sequel to this. Buoyed by confidence – perhaps overconfidence, even hubris – we were off to the races again, and decided quickly to buy another company. This was Tech Pacific, Australia’s largest distributor of computer products. 

It was indeed a large company with sales in excess of a billion dollars! Well, it was a disaster. It took us three years, and enormous pain and effort, to turn its fortunes around. I fell sick from stress and anxiety and, on several occasions, contemplated resigning. But we stood to our tackle and, after those three years, Tech Pacific is now Asia’s largest distributor of computer products.

In 1998, I came home, after 22 years abroad – after what father (Roque) Ferriols often calls “the days of wasted youth.” When we invested in PLDT seven years ago, we faced the massive task of repair and renewal. Critics told us that we couldn’t change the culture of monopoly, that misdemeanors in PLDT couldn’t be eradicated, that our fixed line business had no future. But we made the tough and unpopular decisions at PLDT. Like reducing the number of employees from 14,000 to 9,000. Like changing dubious practices and encouraging honesty and transparency. Like converting the mindset of bureaucrats to that of innovators and entrepreneurs. Decisions about people are always difficult for us because First Pacific is an Asian company with Asian values. But head count reduction was critical for PLDT to survive.

Now that PLDT has recovered, and is now the most profitable company in the country, my confidence in the Filipino’s ability to succeed has been absolutely affirmed. In fact, despite the downsizing I mentioned earlier, we now have more people under our wings – about 19,000 – simply because PLDT is now a different company. And to most of you who might be familiar with Piltel or Talk N’ Text – it was a company in extremis. I’ve had to tell creditor banks that Piltel could not pay its debts – the first time I’ve done that in my life. My officemates told me to close Piltel. I didn’t agree. I believed that the cellular frequency it owns, as well as its brand, are potentially valuable, as they have become today. Also, I did not want to imperil the financial health of local banks to which Piltel owed much.

After five years of rehab, Piltel’s return to profitability has been close to supernatural. It is now the country’s most profitable company – after PLDT and Smart. Finally, some of you have raised with me the question – is business bad? Let me respond by saying, business is not all bad. It is people – some people at least – that may make business bad. No business can prosper in the long term without the right values. The best performing companies are those that manage their businesses which meet ethical standards. Transparency, accountability, integrity, discipline – all these good governance principles – must permeate every policy, every process, of the company, as they do at First Pacific and PLDT.



CLOSING

Therefore I close, I’d like to make a personal request. I’d like to ask each of you a favor. Give me bragging rights. Do something great. Sometime in the future, I want to hear some incredible thing you’ve done. And I’d like to brag that I spoke at your graduation. In return, I offer you a few more pieces of advice. Keep it real. Stay true to what’s best in yourself, to the best of your experience here at the Ateneo. Trust your instincts. Believe in yourself. Engage in sports, you’ll need it as you age. Make art, or at least, value it. Be brave. Be bold. Find something that moves you or pisses you off, but do something about it. You have a voice, speak up.

Take a stand for what’s right. Make a change. You may not always be popular, but you’ll be part of something larger and greater than yourself. Besides, making history is cool, isn’t it? But I also want to offer a warning: you will meet people who’ll entice you to compromise your principles. They’ll try to seduce you and distract you with money, power, security and perhaps, most dangerously, a sense of belonging. Don’t let them; it’s not worth it.
You can have genuine values and still get that job. You can have a conscience and still make money.


Let me send you off with one final thought. I was born poor, but poor was not born in me. And it shouldn’t be born in you either. You can make it. Whatever you may wish to do with your future, you can make it. It gets dark sometimes, but morning comes always. Suffering breeds character. Character breeds Faith. In the end, Faith will not disappoint. You must not disappoint.






DREAM TEAM 1992 VS. 2012

USA BASKETBALL
DREAM TEAM 1992 VS. 2012

http://frostwhisper2012.blogspot.com/2012/11/dream-team-1992-vs-2012_6.html


It was in the London Olympics 2012 wherein a nasty Kobe Bryant Online Comment
sparked the debate of



WHO IS THE BEST?
1992 DREAM TEAM VS. 2012 DREAM TEAM


In my opinion and the consensus of experts....
1992 Dream Team HANDS DOWN!
WHY?!
They have the 7'0" Centers - Patrick Ewing and David Robinson
PLUS
They have Michael Jordan and Scottie Pippen - 6-TIME NBA World Champions!
11 out of 12 1992 Dream Teamers are BASKETBALL HALL OF FAMERS NOW!



Charles Barkley, now a NBA on TNT Analyst says,
THERE IS NO OTHER DREAM TEAM
1992 WAS THE ONLY DREAM TEAM
NO OTHER TEAM COMES CLOSE



Incidentally, this 2012, is the 20th Anniversary of the DREAM TEAM!
Well, I am writing this topic now because this Debate has triggered
A HUGE Interest in USA Basketball History
by the New Generation.


I am writing this account to share my Personal Experiences on the matter.



THE 1992 DREAM TEAM

In 1989, FIBA, International Basketball's governing body allowed Professional Players
to participate in the Olympics for the first time.


The USA won the Bronze Medal at the last 1988 Seoul Olympics -- bannered by David Robinson and Collegiate Players.  USA Basketball was looking for REVENGE!


The Team assembled by USA Basketball for the tournament in Barcelona in 1992, was arguably the most illustrious collection of talent fielded on an actual competitive team in the history of sports. Of the 12 players on the team, 10 would be named in 1996 to the NBA's 50th Anniversary All-Time Team, the NBA's official list of the 50 greatest players of the league's first 50 years. Because of this star line-up, the team's games usually featured opposing teams asking for pre-game photos with their U.S. opponents — and idols.




 

ROSTER


NO PLAYER NAME
4 Christian LAETTNER
5 David ROBINSON
6 Patrick EWING
7 Larry BIRD
8 Scottie PIPPEN
9 Michael JORDAN
10 Clyde DREXLER
11 Karl MALONE
12 John STOCKTON
13 Chris MULLIN
14 Charles BARKLEY
15 Magic JOHNSON






The First team to unfortunately feel the Dream Team's WRATH
in Olympic Competition was lowly ANGOLA.
And they were CRUSHED!


USA won the GOLD MEDAL beating CROATIA
Led by Toni Kukoc, a future member of the Chicago Bulls,
Dino Radja and the late-Drazen Petrovic.


In the Victory Ceremony, there was a Marketing Controversy.
The Official Apparel of the US Olympic Team was REEBOK.
Jordan, Barkley, Johnson...all NIKE-contracted Athletes,
Covered the REEBOK Logo on their Jackets with the American Flag.
The American Flag was used for more than Patriotic Reasons that time.


This was also the first time Croatia and Lithuania earned medals
since declaring their independence from Yugoslavia and
the former Soviet Union USSR, respectively.

 




Team USA cruised through its qualifying round with a 6-0 record. The team then took on Angola in the opening game of the Olympic competition. Charles Barkley had 24 points in a team USA 116-48 romp. Next, the Dream Team took on a talented Croatia team and beat them soundly by 33 points, led by Michael Jordan's 21. The United States team then defeated Germany behind Larry Bird's 19 points and Karl Malone's 18. In the next game, seven USA players scored in double digits and Barkley set the new single game Team USA scoring record with 30 points in a 127-83 rout of Brazil. Team USA then closed out pool play with a resounding 122-81 drumming of Spain.


In the quarter-finals, Mullin scored a team high 21 points as the Dream Team scored a 115-77 victory over Puerto Rico. Team USA rolled on in the semis with a 51 point win over Lithuania. Nine US players scored in double figures. Jordan led the way in the gold medal game against Croatia, scoring 22 points. Patrick Ewing had 15. Barkley had 17. The final game was the closest of the entire Olympics, with the Dream Team winning by 32 points in a 117-85 blowout to take the gold. The average win margin by which the United States won throughout the Olympic tournament was 43.8 points a game.





What is not publicly commonly known about the
1992 Dream Team was the Origins of the Team.


EARLY SCRIMMAGES
 

A Select Team of NCAA all-stars scrimmaged with the professionals.
 

USA Basketball selected college players whose play, it hoped, would resemble that of the Europeans the Dream Team would face.  Members included the penetrating guard Bobby Hurley, the all-around players Grant Hill and Penny Hardaway, the outside shooter Allan Houston, and the tough Chris Webber and Eric Montross.

Consequently, in the above list, only Hurley and Montross did not become
NBA Legends.

In late June 1992 the Dream Team first met together in La Jolla, California,
astounding and intimidating the collegians who watched the professionals practice.

On June 24, the Dream Team LOST to the NCAA All-Stars 62-54, however, after underestimating the opposition.

Coach Chuck Daly intentionally limited Jordan's playing time and made non-optimal substitutions; Krzyzewski later said that the head coach "Threw The Game" to teach the NBA players that they could be beaten.

The teams played again the following day, with the Olympians winning decisively in the rematch. The college players visited Jordan's hotel room afterwards and asked
Their hero for his personal items as souvenirs.
 



The Real Competition for the 1992 Dream Team started in the FIBA-Americas Tournament of the Americas. The Dream Team had to win this Tournament in order to qualify for the 1992 Barcelona Olympics.


AND WIN THEY DID!


The Dream Team made its International debut on June 28, 1992, at the Tournament of the Americas, an Olympic qualifying event in Portland, Oregon. (Home of the Portland Trail Blazers)

The team defeated Cuba 136–57, prompting Cuban coach Miguel Calderón Gómez to say,
"You can't cover the sun with your finger."

Marv Albert, who announced the game, recalled that
"it was as if [the Americans] were playing a high school team, or grade school team.
They were so overwhelming ... a blowout after blowout".

The Cubans were the first of many opponents who were more interested in taking photos
with the Americans than playing them.

The next five games were also easy victories for Team USA,
who ended the tournament on July 5, 1992, with a 127–80 victory over Venezuela.


Magic Johnson in 1991 was diagnosed with the HIV-Virus
and abruptly ending his NBA Career and announcing Retirement.

Magic came back re-instated in the 1992 NBA All-Star Game
in Orlando Arena, Florida to win MVP Honors.

He hit consecutive three-pointers in that Game to cap of his Performance.
The West All-Stars won.

Note that, The last few minutes of the 1992 All-Star Game were not
played any more....as all players stopped playing and celebrated with 

Magic Johnson....a fitting Tribute to the Magic Man. 


The Final Shot was Magic hitting a turn-around three-point shot capping the night.


“     I look to my right, there's Michael Jordan ...
I look to my left, there's Charles Barkley
or Larry Bird ...

I didn't know who to throw the ball to!     ”

— Magic Johnson, on his Teammates


1992 DREAM TEAM LEGACY

Sports Illustrated later stated that the Dream Team was
"Arguably the Most Dominant Squad ever assembled in Any Sport" and compared it to
Johnny Cash at Folsom Prison, the Allman Brothers at the Fillmore East, Santana at Woodstock."

The team was elected to the Naismith Memorial Basketball Hall of Fame in 2010,
and is one of only eight teams enshrined in the Hall of Fame.

Charles Barkley later said,
"I don't think there's anything better to representing your country.
I don't think anything in my Life can come close to that."

Larry Bird called the medal ceremony and the playing of The Star-spangled Banner "The Ultimate" experience.

Magic Johnson said "Th
e 1992 Dream Team was the greatest moment of my life in terms of basketball, bar none." 

Michael Jordan said that the biggest benefit for him from the Olympics was that
he learned more about his teammates' weaknesses.

He later defeated Barkley, Malone, and Stockton in Three Future NBA Finals.
Jordan cemented the Chicago Bulls Dynasty in the 1990s winning SIX NBA Championships.

As of 2012, 11 of the 12 players on the roster (except Laettner),
and three of the four coaches (except Carlesimo), have been elected to the Hall of Fame.

Global interest in basketball soared due to the Dream Team.

International Olympic Committee head Juan Antonio Samaranch stated that
"The Most Important Aspect of the Barcelona Games has been the resounding success of the Basketball tournament, as we've witnessed the Best Basketball in the world."

Subsequently, the number of international players in the NBA rose.


On opening day of the 1991–92 season, NBA rosters included 23 international players from 18 countries.  At the start of the 2011–12 season, there were 74 players from 35 countries.











THE 2012 DREAM TEAM



Kobe Bryant and LeBron James said they believed their 2012 Olympic Team would win against the Dream Team.

Bryant said,
"They were a lot older, at kind of the end of their careers.
We have just a bunch of young racehorses, guys that are eager to compete."

Charles Barkley said that he "just started laughing" upon hearing Bryant's comment
and that the Dream Team would win by double digits.

Jordan added,

"For Bryant to compare those two teams is NOT one
of the Smarter Things he ever could have done...
Remember now, they learned from us.
We didn't learn from them."

Bird joked,
"They probably could.
I haven't played in 20 years and we're all old now."




ROSTER


NO PLAYER NAME
4 Tyson CHANDLER
5 Kevin DURANT
6 LeBron JAMES
7 Russell WESTBROOK
8 Deron WILLIAMS
9 Andre IGUODALA
10 Kobe BRYANT
11 Kevin LOVE
12 James HARDEN
13 Chris PAUL
14 Anthony DAVIS
15 Carmelo ANTHONY





OLYMPIC TOURNAMENT PLAY
 

The Americans went an undefeated 8–0 and averaged 116 points per game,
Winning by an average margin of 32.1 points—the fifth highest in US Olympic history.

Team USA trailed in the fourth quarter only once, against Lithuania in the opening round.
Lebron James became the leader of the team with Kobe Bryant—who would turn 34 in August 2012—stepping back.


James facilitated the offense from the post and perimeter, called the defensive sets, and
provided scoring when needed.

After winning the gold, Team USA coach Mike Krzyzewski said
James "is the best player, he is the best leader and he is as smart as anybody playing the game right now."

Kevin Durant scored a United States Olympics record of 156 Points in the Tournament.
Durant also made 34 three-point field goals, breaking the previous United States mark of 17 set in 2012; Carmelo Anthony (23) also exceed the old record.

Bryant was not in peak condition early, but he played himself into shape and
was a key contributor in the final three games. While Chandler was the team's only true center. Anthony Davis was thin and had no professional experience.
 

Krzyzewski also played Love, James or Anthony as Team USA's de facto center.
Kevin Love led the team with 61 rebounds (27 offensive).

Compensating for its lack of big men, the US played small ball and spread its playmakers
around the three-point line and with a player penetrating and passing the ball back outside.
They won with "basically five players on the perimeter," Spain coach Sergio Scariolo said.

Bryant and Krzyzewski declared at the completion of the tournament that 2012 was their final Olympic appearance. 



 

They both joined Team USA after the disappointing bronze finish in the 2004 Games.
Krzyzewski left with a 62–1 record and a 50-game winning streak in international play for the Americans. He joined Henry Iba as the only US coaches to lead the team to consecutive Olympic gold medals.






LEBRON JAMES HAD HIS FINEST YEAR EVER IN 2012
NBA CHAMPION, NBA MVP, NBA FINALS MVP, GOLD MEDALIST AND OLYMPIC CHAMPION


Despite all the FLAK he received after joining the MIAMI HEAT,
And Losing to the DALLAS MAVERICKS in the 2011 NBA FINALS.










SOURCES:
http://hoopedia.nba.com
Wikipedia