U.S. Expected to Charge Executive Tied to Galleon Case

[chris perry]

Former board member at AMR...

 

[FWAAA]

Here's a link:

http://www.bloomberg.com/news/2011-10-26/ex-goldman-sachs-director-gupta-said-to-face-insider-trading-probe-charges.html

 

[chris perry]

Here's a link:

http://www.bloomberg.com/news/2011-10-26/ex-goldman-sachs-director-gupta-said-to-face-insider-trading-probe-charges.html

Gupta's consulting firm encouraged Enron,thats comforting
McKinsey encouraged Enron’s transformation from a sleepy energy pipeline company into a high-risk trading operation that ultimately collapsed amid an accounting scandal. Jeffrey Skilling, Enron’s former chief executive, was a McKinsey alumnus.

 

[Frank Szabo]

Nothing racial intended - why is there an abundance of people from India getting into USA business? Are there no Americans with the ability to lead an American company?

 

[jimntx]

Former board member at AMR...

And, this surprises you because...?????

 

[FWAAA]

Nothing racial intended - why is there an abundance of people from India getting into USA business? Are there no Americans with the ability to lead an American company?

I'm confused about your question. Gupta is an American - he's a US citizen. He was born in India - but what does that matter? The US has tens of millions of immigrants living here from numerous countries, many millions of whom have become US citizens.

 

[Frank Szabo]

I'm confused about your question. Gupta is an American - he's a US citizen. He was born in India - but what does that matter? The US has tens of millions of immigrants living here from numerous countries, many millions of whom have become US citizens.

Ten years ago, one would have been hard pressed to find as many foreign-born individuals in the top slots of American business. Now, it seems many have come from India.

I simply asked why this is occuring. PC-ness?

 

[TIME FOR CHANGE]

Nothing racial intended - why is there an abundance of people from India getting into USA business? Are there no Americans with the ability to lead an American company?

Its cheaper to outsource 😀

 

[Veritas]

Nothing racial intended - why is there an abundance of people from India getting into USA business? Are there no Americans with the ability to lead an American company?

Szabo is not an "American" name, it's Hungarian. Aren't there any Americans with the ability to do your job?

 

[Frank Szabo]

Szabo is not an "American" name, it's Hungarian. Aren't there any Americans with the ability to do your job?

I was born here, not naturalized but that wasn't the question. My question had to do with why so many from India were appearing in American business - I suspect much of it is PC-ness.

You wouldn't be a liberal, would you? Shouldn't you be at one of the pig-ins?

 

[Veritas]

I was born here, not naturalized but that wasn't the question. My question had to do with why so many from India were appearing in American business - I suspect much of it is PC-ness.

You wouldn't be a liberal, would you? Shouldn't you be at one of the pig-ins?

I am sure that your ancestors faced the same type of bigotry and suspicion when they first came to this country.

 

[Veritas]

Nothing racial intended - why is there an abundance of people from India getting into USA business? Are there no Americans with the ability to lead an American company?

TIME Magazine answers that question in this article:

India's Leading Export: CEOs

It could be because today's generation of Indian managers grew up in a country that provided them with the experience so critical for today's global boss. Multiculturalism? Check. Complex competitive environment? Check. Resource-constrained developing economy? You got that right. And they grew up speaking English, the language of global business.

<snip>

For multinationals, it makes good sense to have leaders who have experience with expanding Asian markets. And India is already the location of many multinationals' operations. Competitive and complex, India has evolved from a poorly run, centrally controlled economy into the perfect petri dish in which to grow a 21st century CEO. The subcontinent has been global for centuries, having endured--and absorbed--waves of colonizers from the Mughals to the British. Practiced traders and migrants, Indians have impressive transnational networks. "The earth is full of Indians," wrote Salman Rushdie. "We get everywhere."

<snip>

Indian managers have cut their teeth in a country ranked 134th by the World Bank in ease of doing business. To be fair, that's also the reason some of them left home. They're practiced in the exasperating culture of securing local, state and national permits.

<snip>

Competition starts early in India, as students vie for admission to the state-funded Indian Institute of Technology and the Indian Institute of Management. The system produces a self-selecting and highly disciplined elite. There are tales of children who start to study at age 7 for the exam they will take a decade later. When the current crop of CEOs came of age, it was typical for 300,000 applicants to vie for 2,000 places.

 

[MCI transplant]

Its cheaper to outsource 😀

:unsure: -------Ohhh! That was bad!!!

 

[MCI transplant]

I am sure that your ancestors faced the same type of bigotry and suspicion when they first came to this country.

<_< ------ Hey! I don't see any "bigotry" in Franks question!!!

 

[Frank Szabo]

<_< ------ Hey! I don't see any "bigotry" in Franks question!!!

No problem - he didn't like the question, therefore like all good lefties, social demoncrats and communists, it's racist. I'm used to their nonsense.

He's probably angry he's got to work rather than join up with his kind at one of the pig-ins going on across the country.