This thread over on LBN:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3513117"September 26, 2008 (Computerworld) The collapse of Wall Street may prompt financial services firms to increase their use of offshore outsourcing and cut more jobs in the U.S. on top of the layoffs they have already announced. And that job cutting will happen even with a taxpayer-backed $700 billion bailout. These firms will be under too much pressure to cut costs, and offshore outsourcing will be one way to do it, according to outsourcing consultants."
As satisfying as it might be to watch the offshoring-cheerleaders on Wall Street get a taste their own advice, I'm also against further offshoring od jobs of any sort, and especially of government policies that encourage it.
So one more item to add to the list of demands for any federal effort to stabilize the markets: no offshoring.