Watching CNN yesterday morning. It was said that the planned merger by IBM and Sun Micro System was canceled. But A foot note to this story was this.

That they would relocate all call centers from the Philippines to the US creating 15000 new jobs in US. Additionally moving some operations from Mexico creating 2000 jobs in the US. And it was also reported that jobs that have been sent to the Philippines from companies that get taxpayer bailout funds are advised to do the same as well. .oops, that has already happened in the case of Sallie Mae.

Next up, JP Morgan and Citibank

I bet this news does not make any headline in the Philippine papers.