I'm not writing this to piss anyone at CSC off but I just want to warn anyone who may be applying to work at CSC or is about to be taken over by outsourcing.
"Don't beleive the hype", when those CSC suits come in and tell you how everything will be "seemless" and you will keep your job, do not believe them. They will keep you for as long as the "have" to by the contract they sign with your current employer.
CSC is not in business to keep Americans gainfully employed. They are in business to get rich by screwing over the little guy. The people I know who still work for CSC were told flat out they will be getting no more raises because they make too much money.They will hire you and take your knowledge and then give your job to some nitwit who will work for half of your pay.Be afraid if you are being outsourced to CSC.
Bad Value? What are you smoking? Buying now wouldn't be advisable..buy on a dip.
I bought the stock in Novemebr of 2008. It's up over $22 a share or 65% for the year. Thank you management for increasing shareholder value.
I must agree with everything you have said about CSC. I work for them for four years, and they just layed me off because they are given my job to people from India, ex-cons, etc. I have been out of work for three months, CSC won't even rehire me. It is a shame,
Geithner, Obama's pick was head of the New York Fed.The financial meltdown happened on his turf. What did he do to stop it? Nothing. I guess that makes qualified to be part of the Obama team. Failure has it's rewards.
Yup, the Rolling Stone articles (among others) are perfect examples of how obama is in line with Bush in keeping Wall Street happy at the expense of us. Shame liberal tools will most likely turn a blind eye to that.
Yup, but unfortunately Obama has been a big as friend to Wall Street as Bush had been. Liberal tools will decry Bush' coziness with them while turning a blind eye to Obama's.
The Rolling Stone articles are but one fine example of how they maintain control despite whomever's President.
The facts are as follows: The TARP program and other financial giveaways by Paulson of taxpayer money are responsible for....well Goldman Sachs enormous profit this year. Paulson, formerly of Goldman Sachs knocked off Goldman's main competitors. The Obama administration has continued the TARP program. Unemployment keeps rising under the Obama administration. The purchasing power of the US dollar keeps dropping. This all means that most Americans are worse off.