Foreign Graduates Lose Job Offers in Finance Because of Federal Stimulus Rules

By KATHERINE MANGAN

Seven months ago, Nazli Oguzsimsaroglu started her senior year at the University of Pennsylvania in the enviable position of having a full-time job in investment banking lined up after graduation.

But in March, a recruiter from the now-combined Merrill Lynch/Bank of America called to tell her the offer had been rescinded because of provisions in the nation's economic-stimulus package that make it difficult for bailout beneficiaries to hire foreign workers.

Ms. Oguzsimsaroglu, a

Digital or Print Subscription

Web Pass

Already have an account? Log In Now.

First Person

4 Rules of Lateness
Notes From Academe

Coal Into Honey
Commentary

Skeptical of Slippage

Past Coverage

Foreign Graduates Lose Job Offers Over Stimulus Rules - March 24, 2009
Foreign Students Are Less Inclined to Seek Jobs in the U.S., Survey Finds - March 19, 2009
Tech Workers' Complaint About Longer Student Visas Is Rejected - August 8, 2008
In Brief - July 4, 2008
Canada Eases Work Rules for Foreign Students - May 2, 2008

Advice

Value, Price, and Fees

Distinguishing between price and value can boost your retirement returns.
Sorry I'm Late

We tend toward lateness because each of us hates waiting more than we feel bad about making others wait.
The Candidate and His Earring

In 20 years, will we see college presidential candidates with piercings and tattoos?