Tuesday, October 12, 2010

Foreclosure Gate.....

http://www.cnbc.com/id/39617381

Deregulation + Downsizing + Outsourcing to India = A Giant Cluster F*ck.

These big banks got rid of tons of American employees.

They sent tons of jobs to India.
http://www.computerworld.com/s/article/90267/Bank_of_America_creates_Indian_outsourcing_subsidiary

They got rid of all common sense rules.

The result is nobody knows nothing about nothing. In the banking world that is fine. In the Judicial world that is a big problem. The ensuing carnage should be entertaining.

The good news is when you lose your job (and can't pay your mortgage) they may not be able to foreclosure on you. Yippee!

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