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One of the themes that came up while I was profiling White House manufacturing czar Ron Bloom earlier this fall was managerial talent. A lot of people talk about reviving the domestic manufacturing sector, which has shed almost one-third of its manpower over the last eight years. But some of the people I spoke to asked a slightly different question: Even if you could reclaim a chunk of those blue-collar jobs, would you have the managers you need to supervise them? It’s not obvious that you would. Since 1965, the percentage of graduates of highly-ranked business schools who go into consulting and financial services has doubled, from about one-third to about two-thirds. And while some of these consultants and financiers end up in the manufacturing sector, in some respects that’s the problem.
Upper Mismanagement | The New Republic
Humour
FastCompany.com - Where ideas and people meet | Fast Company
Boston’s Fenway Park turns 100 on April 20 and the Red Sox marketing machine is cranking out a season’s worth of promos, events, a coffee table book--and even a symphony recording. Are the Red Sox in danger of over-romanticizing (and over-commercializing) America's most classic ballpark? READ MORE ›
One of Britain’s leading high street banks has been downgraded by the ratings agency Moody’s. Santander UK, which has more than 25 million customers and more than 1,400 branches had its credit rating downgraded together with 16 Spanish banks. The agency said that the Spanish government’s ability to provide support to the institutions had been reduced. In cutting the long-term debt and deposit ratings by “one to three notches”, Moody’s cited Spain’s soaring unemployment, which stands at 24 per cent, the possibility that property loans will not be repaid in full and concerns that the banks may find it more difficult to raise money in the market due to the debt crisis. The credit rating cuts by Moody’s follow concerns over the country’s deepening recession and property crash. They came after Spain’s cost of borrowing rocketed earlier amid fears that the crisis of confidence afflicting Greece was spreading to other parts of the euro area periphery.
Data deluge will reboot our brains - Times Online
India is not only claiming people and immigration policy are something to be traded, they also are giving a veiled threat in my view with this press release. Shri Kamal Nath goes further to appeal to the Bush administration (remember Outsourcing is good for America from the Podium of the President of the United States?) and has also said that he will Mr. President, in the coming weeks the Senate will again consider legislation to reform our broken immigration system. I think we all understand the challenge is substantial.
Senator Durbin on H-1B, Abuse, Outsourcing and Trading People
Secret copyright treaty leaks. It's bad. Very bad. Boing Boing
By Cory Doctorow at 2:14 pm Tuesday, Nov 3 The internet chapter of the Anti-Counterfeiting Trade Agreement, a secret copyright treaty whose text Obama's administration refused to disclose due to "national security" concerns, has leaked. It's bad.transparency in policy for privacy worldwide... by Dec 21