Delaware Liberal

BoA Using Tarp Funds To Lay Off Americans And Hire H1b Visa Holders

Mike Castle will be meeting with Execs from the ironically named Bank of “America” this Tuesday.  

I wonder if he will rebuke them for this?
 

From today’s AP wire – Via Kos

Banks collecting billions of dollars in federal bailout money sought government permission to bring thousands of foreign workers to the U.S. for high-paying jobs, according to an Associated Press review of visa applications.

The dozen banks receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers, junior investment analysts and human resources specialists. The average annual salary for those jobs was $90,721, nearly twice the median income for all American households.

“I wonder if he will rebuke them for this?”

I crack myself up.

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