Tag Archives: SyCip

Qwertyman No. 222: SGV: Eight Decades of Excellence

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Qwertyman for Monday, November 1, 2026

I’M NOT an accountant and never took an accounting subject—I couldn’t tell you the difference between “book value” and “equity” if my life depended on it—but as fate would have it, I’ve been privileged to have an inside view of the Philippine accounting profession as an author and even, to some extent, a confidant.

It all began twenty years ago when I was asked to write the biography of the man whose name is synonymous with Philippine accountancy itself—Washington SyCip, or “Wash” as generations of Filipinos knew him. Most of us, myself included, probably grow up thinking that nothing could be more boring than an accountant’s job (but then again, there’s the elevator operator)—all those days and nights poring over ledgers and scribbling notes and figures with a fine-tipped pen.

That impression went out the window when I met and got to know Wash—a certified genius who graduated from college at 17, summa cum laude, and soon began teaching students older than he was. He took his master’s and became a CPA at 19—but was too young to legally practice, so he went to the US for his PhD, only to be caught there by the war. Upon hearing the rumor—a false one—that his father Albino had been executed by the Japanese, Wash signed up with the US Army, which promptly realized they had a prodigy on their hands, and assigned him as a codebreaker in Calcutta, where he spent most of the war. At war’s end, on the voyage home, Wash faced a choice: return to the US and take up a job as an accountant for Women’s Wear Daily, or stay and start his own firm. He chose the latter and founded what would become the accounting giant SyCip, Gorres & Velayo, or SGV as we’ve known it since.

Wash died in 2017—characteristically enough, on a flight to America, the other pole of his storied life. The firm that he started has just marked its eightieth year, and again I’ve been fortunate to have been asked to write its commemorative book, published by SGV as SGV 80 Years: Celebrating a Continuing Legacy of Integrity, Excellence, and Purpose. (Last year, I also wrote A Century of Philippine Accountancy for the Philippine Institute of Certified Public Accountants, marking the profession’s centenary in the Philippines.)

SGV’s rise to the top of an industry once dominated by British and American firms and its continuing leadership in a new century is a study in corporate culture—in an organization’s adherence to core beliefs and in how a generation of leaders builds on previous ones to keep the firm not only alive but at the cutting edge of its profession.

With its absorption of Fleming & Williamson’s audit practice in 1958, SGV became the country’s largest firm and completed the Filipinization of the profession. In the 1960s and 1970s, it became the first Asian multinational, with member firms from Taiwan to Singapore. By 1971 SGV it was serving 63 of the country’s top 100 corporations.

A big turning point came in the early 1980s, when the Philippine economy weakened and could no longer support the regional network, so in 1985 Wash and his partners joined Arthur Andersen’s global organization, trading independence for technology, training, and reach.

Arthur Andersen’s implosion in the early 2000s led to another crisis, resulting in SGV’s tying up with Ernst & Young, a productive global association that continues to this day. Then Country Managing Partner Cesar Purisima steered the firm through that period deftly and later reorganized SGV into market circles, which later evolved into market groups, to make the firm more responsive to its clients’ needs. Its emergence from crisis also brought to the fore the concept of stewardship—of the firm as something held in trust—first enunciated by CMP Dave Balangue and developed by CMP Vic Noel, as a “reminder to the Partners that we are not owners of the Firm but rather its stewards…. We had to think of SGV as more than a business, but as an institution that it was our duty to perpetuate.”

It was CMP Itos Cruz who pushed that further into one of SGV’s central tenets—what it calls “purpose,” by which SGVeans aim “to leave the Firm stronger than we came in, so we could help the Filipino people better. Whatever increase we bring to the value of SGV, we leave it to the next generation to build upon. We clarified our corporate purpose accordingly: to nurture leaders and enable businesses for a better Philippines.”

When the pandemic hit, SGV was prepared, because CMP Wilson Tan had providentially just refreshed the firm’s business continuity plan. As a result, SGV was able to shift to remote work almost overnight, to pay salaries early, to get its partners to take a temporary cut, and to lay off no one. Today, under Rosing Fajardo—the firm’s second female CMP—SGV employs nearly 6,000 across four service lines, adapting to a business and political environment marked by rapid technological change, the challenges and opportunities of artificial intelligence, and the issues of sustainability, demographic change, and geopolitics.

Key to SGV’s longevity and success has been its adherence to integrity, a principle laid down by Wash SyCip from the very beginning, when he said of SGV’s predecessors that “One group practices discrimination by color of skin, the other practices discrimination by blood. So I sought to get the best people to join me. I told them that even when I get married, I’m not going to have my children in the Firm. There should be complete meritocracy.” (Indeed, all of Wash’s three children have pursued other careers.) SGV has been known to drop major clients over issues of misreporting.

One way SGV has maintained that integrity has been to draw a clear, sharp line between its business and its ties to government. While many ex-SGVeans have joined government in high positions from Cabinet secretaries to House Speaker and Prime Minister, they’ve done so knowing they were taking a one-way road. Wash SyCip himself laid down that rule: “We don’t want people to think that we are putting somebody in government so that he would have influence when he rejoins us, because that would affect our integrity… If we lose them to government, then that is one of our contributions to our developing nation.” Cesar Purisima recalls Wash telling him that he should “look at government the way a moth looks at light.” (It certainly deserves to be noted, to be fair, that some of SGV’s contributions to government could have served and performed far better had they kept “integrity, excellence, and purpose” at heart after the transition.)

At a time when there seems to be a dire shortage of these qualities in public life, SGV’s history reminds us how the private sector can help bring out the best in us—with exemplary leadership and good corporate citizenship.

Qwertyman No. 93: A Century of Philippine Accountancy

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Qwertyman for Monday, May 13, 2024

IN MY long life as a professional writer—aside from being a fictionist, journalist, and academic—I’ve occasionally been asked to write books for both private and public institutions and individuals, usually to commemorate an important milestone. My clients have included banks, power and energy companies, accounting firms, NGOs, business tycoons, politicians, and thinkers. 

While it’s a job, it’s also been a great learning experience for me, particularly when I’ve had to deal with topics like oil exploration, steel manufacturing, and geothermal energy. I begin to understand how things really work in our economy and society, seeing the cogs and wheels that turn industry, create jobs, and produce things people need. I meet people I never would have run into otherwise, people with interesting stories to tell about themselves and their work.

Probably the most famous of those people was Washington SyCip, the legendary founder of SGV & Co., once one of Asia’s largest and most highly respected accounting firms, whose biography Wash: Only a Bookkeeper I wrote back in 2008. When people tell me how boring the lives of accountants must be, I tell them the story of Wash, who wasn’t just an academic prodigy who graduated summa cum laude from college at 17, but who also served as a US Army codebreaker in India in the Second World War. Granted, not many accountants lead lives as colorful as Wash’s, but to suggest that there’s no drama in accountancy is certainly mistaken. 

I discovered this in my latest (and very likely my last) commissioned book, A Century of Philippine Accountancy, which will be launched this week by the Philippine Institute of Certified Public Accountants (PICPA) Foundation. The book is a compendium of both big and small stories, an institutional history that also delves into the personal struggles and triumphs of key people in the industry.

The centennial book comes a bit late, because the Philippine accounting profession formally traces its beginning to March 17, 1923, when the Sixth Philippine Legislature passed Act No 3105, “An act regulating the practice of public accounting; creating a Board of Accountancy; providing for examination, for the granting of certificates and the registration of Certified Public Accountants; for the suspension or revocation of certificates and for other purposes.” Six years later, the PICPA was established within the private sector to represent professional interests.

Of course, some form of bookkeeping was being practiced in the Philippines long before that. Given the Philippines’ vigorous trade with other countries such as China even before Spain’s arrival in 1521, there must have been some early form of record-keeping maintained by both natives of the islands and their foreign trading partners. Accounting in early China was said to have reached a peak during the Western Zhou dynasty (1100-771 BC); the Chinese developed sophisticated methods of accounting to keep track of such basics as revenues, expenditures, salaries, and grain. In Spain, regulations began to be applied regarding the accountability of companies starting with Queen Juana and her son Emperor Charles V in the 1500s. Manila’s galleon trade with Mexico, which lasted from 1565 to 1815, required meticulous bookkeeping, and archival records still exist of the cargo manifests of the galleons; these records show, for example, that audits of the ships’ cargo revealed discrepancies in capacity that suggested smuggling (whereby space meant for such necessities as water was reduced to make way for profitable goods).

Since 1923, the profession has grown in the Philippines by leaps and bounds to nearly 200,000 registered CPAs, employed in over 8,000 firms and partnerships. Based on the number of Publicly Listed Companies (PLCs) they audit, six firms dominate the industry: SGV & Co. (Ernst & Young); Isla Lipana & Co. (PricewaterhouseCoopers Philippines); R.G. Manabat & Co. (KPMG Philippines); Reyes Tacandong & Co. (RSM Philippines); Punongbayan & Araullo (Grant Thornton Philippines); and Navarro Amper & Co. (Deloitte Philippines). In keeping with the times, many local firms have affiliated themselves with large global partners to avail themselves of the latest technology and expertise. (For a bit of trivia, the first Filipino CPA was Vicente F. Fabella, the founder of what is now Jose Rizal University.)

The profession is governed by the Board of Accountancy (BOA), which administers the CPA Licensure Exam at least once a year. The BOA in turn is supervised by the Professional Regulatory Commission, along with other professional boards. The BOA and PRC work closely with the Securities and Exchange Commission (SEC), which is responsible for ensuring the integrity of the country’s financial system and its institutions.

The 1997 Asian financial crisis highlighted the importance of quality assurance and adopting international financial reporting standards in accounting. With the help of the Asian Development Bank and the World Bank, the major players in the profession—PICPA, BOA, PRC, and SEC, among others—undertook studies to reform the industry, resulting in the Philippine Accountancy Act of 2004. The SEC also initiated an Oversight Assurance Review to extend and strengthen reforms further. What the book chronicles most significantly, according to former SEC Commissioner Antonieta Fortuna-Ibe, is the Filipino CPA’s rise to global respectability and prominence, because of the industry’s relentless efforts to raise its standards and to keep pace with the latest developments in financial technology. Ibe stood at the vanguard of many basic reforms in Philippine accountancy, and was behind the push for a book to mark their centenary.

The profession will need to adapt to the ever-changing financial landscape. As SGV’s Wilson Tan puts it, “While we have yet to see how new technologies such as the Metaverse and the integration of AI into work applications will impact the accounting profession, CPAs of the future will need to likewise evolve their skills and capabilities. Foundational changes will need to be made in the curriculum to integrate learning that encompasses non-financial reporting matters, use of technology, data, and analytics, and cybersecurity, among others.”

Personal integrity, as ever, lies at the bedrock of accountancy. The BIR’s Marissa Cabreros reminds everyone that “Every CPA being asked to sign a financial statement must give weight to the purpose of their signature. If it has your signature as a CPA, we expect that you reviewed and recorded that properly. But unfortunately, sometimes lapses happen and CPAs forget what they signed for. An accountant must always have the importance and value of her signature in her heart.” Wash SyCip could not have put it any better.

Accountants and other members of the public interested in getting a copy of the book can email Lolita Tang at lolitatang@yahoo.com for more information.

Penman No. 273: A Privileged Friendship

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Penman for Monday, October 16, 2017

 

THE LAST time I saw Wash SyCip was from a far distance. It was his 95th birthday on June 30, 2016, and a long line of well-wishers—businessmen, politicians, and other celebrities—had queued up at the ballroom of the Shangri-La Makati to greet him and have their pictures taken with the icon. I thought for a second about falling in line, just to say hello, but then decided against it, already having spent more time with Wash than most people except his closest associates. He looked more frail than I had ever seen him, even as he kept up a cordial countenance seated in his chair on a raised dais, and I felt content to remember the sprightlier octogenarian I had first met a decade earlier.

Of course I knew who Washington SyCip was well before then; my wife Beng worked as an artist in the communications department of SGV in the 1980s, but I had never met the man himself—not until an opportunity arose to bid for and to write his biography in early 2006, when he was turning 85. I felt very fortunate to have been chosen for the job—and that’s what it was to me then, a job, albeit one involving an illustrious subject. I had no inkling that I was about to enter into a privileged friendship, something that would extend well beyond the writing of a book.

I had already done books for and about other personages in politics and business, and would do many more after Wash. But none of them—meaning no disrespect to or disregard for my other clients—would come close to the biography I would write for Wash, and it had everything to do with the uniqueness of the man, who lived not only an extraordinarily long life but also one far more colorful than you would credit an accountant for.

For months, we met Saturday mornings in his seventh-floor SGV office, and chatted for a couple of hours about phases of his life, proceeding chronologically from his childhood to the key decision to open his own accounting firm, a moment that I would later decide to open the book with. (Wash: Only a Bookkeeper was published in 2009 by the SGV Foundation and the Asian Institute of Management, and won the National Book Award for Nonfiction in 2010.) Immediately I felt at ease with his polite formality; no artificial chumminess there or dramatic flourish, just a quiet consistency of well-remembered detail, everything from trying to learn the foxtrot for a graduation dance and breaking Japanese codes in Calcutta to carrying a cold, dressed duck under his arm on the New York subway to bring to a lady friend.

Most readers, I’m sure, were looking for the grand contours, the big business decisions—and there’s all that in the book—but I tried to keep things homely, and was glad that Wash was game for it. He liked to play “Lara’s Theme” from Dr. Zhivago on his iPod—but not being a techie, often forgot to recharge it.

When he learned that I collected pens, he sent a bunch of them over to my house; I opened the box and saw that he had gifted me with some very nice ballpoints, which I thanked him for. When a perceptive associate gently reminded him that I collected not ball pens but fountain pens, he sent another box of the correct writing instruments—CEOs like him typically received scores of these as gifts and stored them away in drawers—with an apologetic note, even more graciously acknowledged by the ecstatic recipient. And every Christmas we would receive a box filled with some lovely piece of décor handcrafted by a microenterprise he supported in Cebu.

He had a soft spot for Filipino talent of all kinds. He once hosted a party at his home for President Cory Aquino, some ambassadors, and similarly lofty people. After dinner, he sprung a surprise on them. “Just get into your cars and follow me!” he announced with a twinkle in his eye. He led the convoy to a dimly downscale stretch of Boni Avenue, down into the happy maw of Club Mwah, the gay musical revue. Cory had a blast, and I had fun watching Wash garlanded by that feathery parade.

Sometimes I dropped by his office or chatted with him in the corner of a soirée to hear him share his views on current goings-on, both of us probably thinking that they would be useful inputs to the centennial update of his biography, but really just to catch up. It was these unscripted asides, his inviting trust, that I felt most privileged by. I suppose biographers come in through some special door, and with Wash, that door always seemed open.

Last July I received an envelope from Wash, and even without opening it I could feel that it contained a pen inside. “Dear Butch,” said the accompanying note, “This is the only pen that I have come across which may be new to your library. Just note the owl at the head of the pen. Sincerely, Wash.” It was a ballpoint, but I didn’t mind—owls (and turtles) were his trademark avatars.

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His generosity was well known, but it was never the showy or sentimental kind. He believed above all in the capability of the poor to learn and to lift themselves up with a little help. Despite the American citizenship he had to accept in a time of war, he thought and acted as a true global Filipino.

When he passed away last week on a plane above the Pacific—bridging the two shores he knew best, and still on the job at 96—I was requested to draft an obituary, and I replied, choking, that it was going to be my honor. It was the first—and, almost certainly, the only—time I would shed a tear for someone I wrote about.

Penman No. 107: Small Loans for Big Dreams

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WS-Butch-1Penman for Monday, July 28, 2014

 

IT HAD been a few years since I last sat down for a chat with the accounting and business guru Washington SyCip, whose biography (Wash: Only a Bookkeeper, published in 2009) I had been privileged to write, so I was only too happy to oblige when our mutual friend Marlu Balmaceda asked if I could spend some time last week to shoot the breeze with Wash.

Both Wash and I had aged a bit since we started working on his book back in 2006—I more so than he, who last month turned 93. Having just gotten my senior card in January, I’ve been feeling entitled to some relaxation, but Wash SyCip was right at his desk in his old 14th floor office where I last saw him, working away, surrounded by a growing menagerie of owls, turtles, and roosters, the gifts of friends. On the wall was a Chinese painting of a dignitary, perhaps the Emperor himself, seeking the counsel of a wizened turtle. Wash caught me looking at it and told me what the turtle’s sage advice was: “Take it easy.”

As cool and dapper as he is, Wash makes it look like he’s taken it easy all his life, but I know for a fact—having chronicled that life—that it just isn’t so. No slouch could’ve put up and sustained what became the regional accounting giant SGV.

But this time, Wash wasn’t talking about himself, but about a new program for education that he and a friend began three years ago, called the Zero Dropout Education Scheme, which seeks to put and keep poor Filipino kids in school. “The country’s biggest problem remains poverty and the wide gap between the rich and the poor,” Wash says. “For me, education is key to alleviating poverty, but ironically, the poorer you are, the more children you have, so half go to school and half don’t. Those who don’t will stay illiterate, and will be resigned to poverty all their lives.”

Seeing that illiteracy still afflicted millions of Filipinos, Wash resolved to do something about it and committed US$1 million of his own money to a fund aimed at the problem. Helping him along was his friend, the Armenian-American businessman and philanthropist Paul Kazarian, who pledged to match Wash’s contribution dollar for dollar. But even with that funding, Wash was modest and realistic enough to know that he couldn’t do the job by himself. “I don’t really know the poor, and how best to reach them,” he admits. “So I got in touch with CARD-MRI, which has been a leader in Philippine microfinance, to help us out.” Radiowealth Finance Corporation has also geared its CSR program toward the Zero Dropout scheme, and committed to provide P30 million.

The Center for Agriculture and Development-Mutually Reinforcing Institutions or CARD-MRI goes all the way back to 1986 when Dr. Jaime Aristotle Alip and 14 other rural development practitioners got together to set up CARD specifically to help empower women in poor communities. In 2008, it received the Ramon Magsaysay Award for Public Service. “With over 1,400 units all over the country, CARD had a network in place we could tap for our program,” Wash says.

Initially available to CARD members, the Zero Dropout scheme offers small renewable loans ranging from P1,500 to P3,000, at a monthly interest rate of 1 percent. “Basic education may be free,” Wash acknowledges. “But families still need money for school supplies, slippers, clothes, and other expenses. That’s where we come in. We’d like to provide not just the money, but an easy way of getting it, with as little red tape as possible.”

As of March this year, the program had supported over 46,000 students through loans totaling over P160 million, out of which P130 million in principal and P6.5 million in interest has already been paid back. They expect to hit 100,000 beneficiaries by year’s end.

While most beneficiaries come from Region IV-A (the Calabarzon area), the program has expanded to the ARMM in Mindanao, where the dropout rates are the highest. Typical beneficiaries include Lucena native Lilia Fernandez, a mother of nine who works as a manicurist alongside her husband, a construction worker; her son Erick dreams of becoming an engineer.

Unlike the government’s conditional cash transfer program, which gives cash direct to poor beneficiaries, Zero Dropout is a loan program. “They repay the loan through microfinance, by increasing their income with a loan for a store, a tricycle, and so on,” adds Wash.

If you think poor borrowers can’t or won’t repay their loans, think again. CARD has made a name for itself making sure its system works, basically because it’s led by people from the very grassroots it serves. Wash tells this story: “I had CARD’s management people over for dinner at my house once, and discovered that none of them were from Makati or Manila. They were all from the rural areas, and they were mostly women, very bright women. I was very impressed with their dedication. CARD knows its clientele. It works with groups of 20 women who guarantee each other. I’ve attended meetings with these groups and I can see that our poor communities are full of people with initiative and drive.”

I came away most impressed by an incident that Wash related: “When Yolanda hit, 8,000 students under the program were affected in Leyte and other places. My first reaction was to cancel their loans, as the least we could do to help. But Dr. Alip said, Wash, no—the poor are more honest than the rich. And as reconstruction took off, the loans also began to be repaid, even if the borrowers had lost their homes.” If that’s not inspiring—in the context of billions lost to crooks and scammers—I don’t know what is.

Penman No. 99: The Bromance of Fred and Wash

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FredWashPenman for Monday, June 2, 2014

 

IT WAS with great sadness that I read last week about the passing, at age 92, of Alfredo M. Velayo—an outstanding accountant, teacher, citizen, and philanthropist. Fred Velayo was best known as the “V” in SGV or Sycip Gorres Velayo & Co., the pioneering accounting firm that he co-founded with Washington SyCip and Ramon Gorres after the Second World War.

I had the great privilege and opportunity of writing Wash SyCip’s biography some years ago, and among the delights of that assignment was meeting and interviewing Fred Velayo—who, like Wash, was already well advanced in years but still sprightly and brimming with boyish mischief. Tall, handsome, genial, and an irrepressible joker, Fred was the perfect foil for the more private and more formal Wash.

Fred and Wash had one of the most memorable friendships (today they call these unusually durable male bondings “bromances”) I’ve ever come across—certainly one of the longest ones, starting in the 1920s at the tender age of five, when both boys attended Padre Burgos Elementary School in Sampaloc, Manila. Their first meeting, on the first day of school, wasn’t too auspicious. The children started crying when their mothers and yayas had to leave—except Wash’s mother, who was a good friend of the principal’s, and was allowed to stay. So Wash sat there unperturbed, and Fred would remember with a chuckle that “Right that first day, of course, we all hated him. Naturally. He was looking at us, saying ‘Why the hell are you little kids crying?’”

With his brilliant mind and work ethic—qualities that Fred himself displayed—Wash would never again have to lean back on privilege to get ahead. But a little luck never hurt. Bright as they were, both boys got accelerated in grade school—not once, but twice. In Wash’s case, it didn’t occur just twice, but thrice. Fred always wondered how that happened when he was just as smart as Wash—and Wash didn’t tell him the real reason until they were in their mid-70s in 1996, when Wash let slip that there had been room in the upper class for just one more boy, and the teacher chose him—alphabetically.

Fred and Wash caught up with each other in V. Mapa High; they both lived in Sta. Mesa and walked to school together. The friendship—and the rivalry—continued over high school, then went on to college at the University of Sto. Tomas, from which both graduated summa cum laude. As I would note in my book, “To no one’s great surprise, Wash finished his four-year course in two-and-a-half years, graduating a full year ahead of Fred, and ending up being Fred’s teacher in one subject at the ripe old age of 17. Amazingly, Fred would close the gap a bit by also getting to teach in his junior year, also at 17.”

Wash went to Columbia in New York for his PhD and was caught by the War there, and joined the US Army as a codebreaker in India; Fred stayed behind and married the girl who would become his wife of over seven decades, Harriet. After the War, their paths crossed again—Wash came home, and Fred went to the States with Harriet and joined the Army.

But when Wash had to go back to the US to fulfill a residency requirement (he had to take US citizenship to be able to work as a codebreaker), he needed someone to mind the small accounting business he had started in Manila, and there was no other person who could fit that bill but his old pal Fred Velayo. He wrote Fred a letter that would become part of SGV lore. He told Fred, on December 16, 1946: “Dear Fred, Received your letter from Alaska the day after I mailed my last letter—but hasten to write you this note. You should try to return as soon as possible as the top opportunities here are excellent—the earlier you start the better. Master’s degree doesn’t mean much—ninety percent of the FEU accounting faculty do not have anything more than a bachelor’s degree—including some of the highest paid ones. But now is the time to get started as I believe that the more you put it off, the greater will be the competition when you get settled. There’s a lot of accounting work—and you can combine this with teaching and importing (with Miller-Gates)—the returns are much larger here than in the States and the competition for a capable person is much less. So cabron, get the hell on that boat and come out here. The various bills before Congress will undoubtedly increase the work of CPAs—but you have to get in on the ground floor… some come over fast. You can also try your hand at insurance—good and profitable line. Cost of living has been going down during the past month in spite of strikes in the States. Housing isn’t worse than in the States—so make up your mind—be your own boss—and come to virgin territory! See you soon. Wash.”

At first, Fred said no—he and Harriet had just begun to settle down in the US—but in January 1947, Fred changed his mind and took a plane home. The rest, as they say, is accounting history. Fred had a funny story about what supposedly happened next:

“One day, years later, Wash came back. He was still earning a little more than me. And so he came to my room. (WS) Fred, this has got to stop. (AMV) What are you talking about? (WS) The fact that I’m earning more from the firm than you. From now on everything will be equal. Our monthly drawings, even perks, club membership, everything, the same. It’s not fair to you that I’m getting a little more. (AMV) SOB, how come it took you so long? (WS) Never mind, from now on we’ll be equal partners. As he walked out of my room, he started laughing. (WS) Anyway, you’ll always be my junior partner. (AMV) After you said we’re equal from now on? (WS) I can’t help it. I’m 57 days older than you. He even counted!”

When we interviewed Fred for Wash’s book (Fred already had his own biography published before Wash), he told us a hoary joke, often recounted at SGV reunions, about dying ahead of Wash and getting to heaven sooner. I guess he knew something Wash didn’t. Bon voyage, Fred Velayo.