It's the kind of fraud that Indians have ingrained in to their culture and Americans seem to get better at every day.
What a sweeping generalization.Its one thing to disparage a few dollar dreamer
Speaking of fraud, greed , the underlying motivation for fraud, is not the prerogative of any particular nation of culture.
Please sir, get your head out of the sand. Blaming others for your own failures will not get you anywhere.
And speaking of fraud, as an Indian, let me assure you that fraud is not ingrained in Indian culture.
Many of the people in this land are honest hardworking people, who dream of getting their kids a good education,and whose primary goal in life is NOT a house and a car on borrowed money.
A sizable chunk of H1B are Indians.Indians, who , after getting the best education ( for example at http://en.wikipedia.org/wiki/Indian_Institutes_of_Technology ) at government's ( and tax payer's ) expense, thought not about the society that enabled them, but about the 45 times multiplier ( 1 USD == 45 Indian rupees), and moved to the US.To contribute to a society that didnt invest a penny in them, to a state that is not interested in their welfare, not even in context of basic right to earn a living. Any guesses on where our sympathies lie ?
Its indeed unfortunate for those H1B who lose their shirt.But it is also a stark reminder that irrespective of the progress a society makes, and the freedom and equality it preaches, a migrant will never be on par with a citizen.Gandhi was a victim of discrimination in South Africa, today his children are victims of a different from of discrimination. The world hasnt changed much after al
Bad times dont last for ever. When the recession ebbs, and the economy picks up, maybe the US economy can get a punk rocker citizen to write code.
I am oh so glad I didnt give in to the temptation of pursuing an MS in an US university ( and sell off my ancestral home to pay for it ), getting a job there , only to be sacked thanklessly. I wish some of my brethren had the same foresight and commitment to their own societies that they owe their existence to
And that the auditors were a local subsidiary of PwC, well outside of US jurisdiction.
AFAIK, a US firm is responsible for ethical conduct irrespective of the country it operates in. For example, if your US firm's subsidiary bribes an Indian official , US courts have jurisdiction over the parent company in the matter
If something goes south we can take them to court, but short of that I can drive over to their office and find out for myself what's going on. Not so easy to do if your vendor is in Bangladore, now is it?
Outsourcing is a skill. You cant outsource work to the first tom dick or harry that quotes the lowest. You need to do your homework.Its challenging, and those from your side of the pond who have lived upto the challenge have saved millions of dollars in labor costs.
I have zero sympathy...and the meter readings to prove it
I have zero sympathy too. I and countless others lost our investments overnight as Satyam plummedted 80% within hours.
We can fix our regulatory environment and I frankly don't give a crap what happens in yours.
Unfortunately, the days , when people/comapnies/nations could island themselves economically and didnt give a crap what happened elsewhere, are over.You cannot stay unaffected, and sooner or later, you will be splashing in the very same crap.
Maybe stick to managing your own problems, that might be a good start.
Actually thats exactly what I was doing. I work for a shared project team half of which works in US and half is in Bangalore. Your very own US guy coded a deadlock in a "single writer multiple reader", and yours truly, the cheap coder fixes it.
Never trust a computer you can't repair yourself.