Jose de Jesus, president of Manila Electric Co. (Meralco), a

PHILIPPINES - MAY 26: Jose de Jesus, president of Manila Electric Co. (Meralco), attends a news conference following the Meralco annual shareholders meeting in Manila, the Philippines, on Tuesday, May 26, 2009. Philippine Long Distance Telephone Co. said it controls almost half of Manila Electric Co. and will take top positions at the utility, edging out San Miguel Corp. in a battle between two of the country's biggest business groups. (Photo by Nana Buxani/Bloomberg via Getty Images)