TARP, cont.

As a follow up to my post about TARP-accepting companies being unable to hire high-paid execs, it appears there's now an Act II - they can't hire young guns either. An amendment to the stimulus limits H1-B visas to those accepting TARP. The notion of a limit on H1-B visas is a bit asinine to begin with, but to limit these folks from working in our most distressed companies is bizarre reverse logic.

(Note: H1-B visas are those given to foreign nationals with higher education and specialized training)