Community
I found an interesting article captioned "Bill Adds Hurdles for Foreign Hires" on Wall Street Journal online edition.
http://online.wsj.com/article/SB123517509078737427.html
Serious lobbying is in progress to restrict hiring of expat experts / workers by banks receiving funding under the TARP program.
To put things into perspective the current crisis emanated because - the credit managers didnt do their job right, the policy makers didnt get their economics metrics in place, interest rate monitors were in deep slumber and dozed off when the fire started in the backyard of banks.
Instead of finding the culprits and solving the problem, now we have moved to a retrograde policy environment where soft targets like expat workers are being targeted.
The Dawin theory of evolution - survival of fittest is being rewritten along with the economic doctorine of demand and supply coupled with stifling of free market liberties.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Ugne Buraciene Group CEO at payabl.
16 January
Ritesh Jain Founder at Infynit / Former COO HSBC
15 January
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
13 January
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.