... were also looking for the cheapest labour they could get.
I'm suspecting that you'll also find that those were the banks handing out the biggest bonuses for their executives.
When this disaster is over, I recommend lots of government regulations to ensure that, in the future, none of the banks (or other financial institutions) ever get "so big that we cannot let them fail".
In theory, with the "Free Market", these banks WOULD fail because they were badly managed. Instead, we're propping them up and rewarding their failed management.
I agree, Ron Paul should be listened to more often. Rewarding is a bad idea since there needs to be some fundamental changes to make a sustainable market.
It's pretty impressive that Facebook has been able to grow so quickly and handle so much traffic. Their down time has been pretty insignificant related to the sheer number of requests that blow through their servers every day.
There's probably a thing or two that can be learned from their developers and IT folks. I just wish I knew more about the whole underlying structure so I could appreciate exactly what they've done.
I agree. I wonder how much of the Google Map Reduce and other innovations they brought into being are borrowed into facebook. I would like to see more details too!