Posted on 03/09/2009 8:42:25 AM PDT by meadsjn
Bank of America Corp. is starting to withdraw offers to some MBA students set to graduate from U.S. business schools this year, the Financial Times reported Monday.
The move would affect foreign nationals attending business school in the United States. The $787 billion stimulus package prevents financial institutions like Bank of America (NYSE:BAC) that receive TARP money from applying for H1-B visas for highly skilled immigrants if they have recently laid off U.S. workers, the paper reported.
The move should affect no more than 50 graduates, but it is worrying business schools, the Financial Times said.
“There might be an inclination for people from around the world to vote with their feet (and avoid US business schools),” David Schmittlein, dean of MIT’s Sloan school of management in Boston, told the paper.
“Plus what is wrong for standing up for the good of your country , the United States?”
Thank-you, Thank-you, Thank-you.
If they have an H1-B visa, they are here legally. It’s a publicly traded company and their primary responsibility is to its shareholders. I don’t care where someone is from, I just want them to be the best at their profession. If they’re not, then they are welcoming sub-par performance. As an investor, I’ll keep that in mind the next time I invest.
The responsibility of being an American should be above a job or investment. The cultural idea of being a citizen of the world rather than of a nation is against human nature.
As an American, I suggest you consider that this attitude is part of the destruction of Amercia. The worship of money is now enabling foreign control of our institutions, corporations and government officials. The _value_ of things should not be the price of them. Unfortunately, this won’t really become obvious to many, until it’s too late.
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