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[News] FT: IBM CEO Condemns Outsourcing

Published 5 hours ago:

IBM chief calls for end to colonial companies

,----[ Quote ]
| Samuel Palmisano of IBM, head of IBM, on Monday called on multinationals
| to evolve into a new type of corporation if they are to avoid an
| anti-globalisation backlash that leads to the election of
| governments hostile to the interests of big business.
| 
| In a rare public intervention, Big Blue's chairman and chief executive
| writes in today's Financial Times that traditional multinational companies
| need to abandon their almost colonial approach to operations outside
| their home country. He cites as examples of this old-style method the way
| GM, Ford and his own company built factories in Europe and Asia but kept
| all the research and development in the US.
`----

http://news.ft.com/cms/s/aa447f34-f973-11da-8ced-0000779e2340.html

You know why I'm posting this... (can anybody smell fish?)

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