2009-04-01 — marketwatch.com
We received an email from a former IndyMac Bank staffer who writes: "My whole staff at IMB was on visas...
Humorous headline - not in actual article.
"Dear H-1b visa holders, Due to the fact that we are accepting TARP funds, we can no longer pretend that you are not displacing U.S. workers. We are going to have to let you go. Love, Wells Fargo"
The sender referenced an article from MarketWatch today:
"When the stimulus bill became law in February, it included rules that made it more difficult for TARP recipients to hire foreign workers on so-called H-1B visas.
The H-1B program allows temporary employment of people from overseas who have specialized skills and education. Technology companies use it a lot, but the 12 biggest banks that took TARP money requested visas for more than 21,800 foreign workers in the past six years, according to the Associated Press."
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