Friday, August 04, 2006

The real reason IPOs are fleeing overseas. By Daniel Gross

The real reason IPOs are fleeing overseas. By Daniel Gross: "For years, Wall Street investment bankers have been telling their client companies that they must seek out the lowest-cost operating environments. That trend has placed great pressure on the wages and earning power of blue-collar workers in the United States. Now it looks as if the bankers may be getting a taste of their own medicine."

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