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Source Yahoo! News: Most Viewed

AP Investigation: Banks sought foreign workers (AP)
Publication Date: 1 February 2009

In this Sept. 26, 2007, file photo Sen. Charles Grassley, R-Iowa, talks to reporters in his Capitol Hill office in Washington. U.S. banks  that are collecting billions of dollars in taxpayer loans to stay afloat sought government permission to import thousands of foreign workers for high-paying jobs in the United States, an Associated Press investigation has found. The job losses anger lawmakers like Sen. Charles Grassley, who is pushing legislation to make employers recruit American workers first, along with other reforms to the visa program. (AP Photo/Lawrence Jackson, File)AP - Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs even as the system was melting down last year and Americans were getting laid off, according to an Associated Press review of visa applications.