Brahm

IBM and Boeing Bring Work Closer to Home - Bad News for Outsourcing?

In this instance, Mr. Schwarz's analysis smacks of the kind of intellectualism which lacks balance and perspective. He alludes to Satyam's fraud as material for probable substantive reason for an American corporation for basing the location of its outsourcing needs to the US. He forgets that the executives of Satyam are sitting in jail even a week or two after disclosure of the fraud. The same fate is enjoyed also by a couple of the partners of the accounting firm of PWc who were responsible for overseeing the accounts for Satyam. If you follow me Mr. Schwarz, this a far cry from what would be the case in the US or a country in Europe. Get the point Mr. Schwarz? Do you know what Indian jail conditions are? No cots to sleep on, except on the hard floor. I will omit a few other gory details for you, hoping that you would sometime have the opportunity to find out more! No countrry club ambience such as those being decried by US executives sent up after long trials while enjoying American bail and justice. Do you know that Madoff and others caught under similar situations for much larger crimes in the US are still free even in their restricted home environment? Please re-think your views on risks for locating outsouricng enteprises vis-a-vis fraud, and come up with the proper views on deterrent issues.

Well, I hope you will also find out more about Indian justice and jails, and I look forward to more balanced pieces from you in future. For my part, I WOULD NOT WANT TO BE EVEN A RAT IN AN iNDIAN JAIL OR BE FACING UP TO SWIFT iNDIAN jUSTICE!.

Is Boeing Ready To Take Off?

However, you must consider that TIE or PCP's (user 153029) orders/business is not exclusively derived from work for Boeing. Their orders are potentially only a modest or significant proportion from the 787. They need to perform as well with regard to the broader economy or the aircraft industry.

Is Boeing Ready To Take Off?

A 20% saving in energy costs for airlines is a terrific advantage, difficult to overcome for a competitor airline without an efficient fleet. That is why orders will be certain for the 787. Of course, Boeing should ensure cost controls for its production. I am not nervous about Goldman's sell rating at this price level of Boeing shares at this time.