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The productivity gains wrought by the downturn will without a doubt make U.S. businesses more efficient, and their efficiency is what will in time attract future job-creating investment.
FORBES
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Certainly the 100, 000 well-paid autoworkers employed by overseas manufacturers in the U.S. need only look to Detroit and what the UAW has wrought there to realize that unionization could well spell a loss of jobs and competitiveness.
FORBES: Fact and Comment
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It was announced in the FT today that the Financial Services Authority expects banks to reduce or clawback bonuses in British banks and non-U.K. banks with operations in London as a result of the series of scandals that have wrought the industry during 2012.
FORBES: It Is Time For Real Bank Clawbacks