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Posted on February 2, 2009 | tags


Biz, U.S.: Did bailed-out banks hire foreign workers over U.S. citizens?

  • The numbers suggest it. Just before the economic collapse that required hundreds of billions of dollars in bailouts, banks were attempting to hire foreign workers en masse, an Associated Press investigation recently found. The dozen banks getting the biggest chunks of the $150 billion set aside just for them applied for 21,800 visas in the last six years. That number only increased over time; in fiscal 2008 alone, it was 4,163. source