Bailout Business !!

My apologies for staying away from blogging all this while. But comments and encouragement from loved ones have made me come back. With all the mayhem in financial markets over past months, and the world economy worsening despite several governments throwing loads of money at the problem, the people are getting extremely suspicious of the bailouts. The impending US auto industry bailout looks is the hot topic of past week. There is also this talk (and criticism) of how top executives have managed to hold on to their jobs despite their companies having to ask govt. for taxpayers money on their watch. I believe that people who want to solve this mess are ignoring the root of these problems in corporate world. In my opinion, the root lies in their HR practices - how they hire, reward, remove and retain people. More on this in following post.