Cap1 abuse these policies quite a lot and there are contractors who overpromise and put a low experienced guy for a senior position.

Anonymous wrote:Same practice at Cap1.
Good thing I now make 2x.

Cap1 is going to be in trouble too. Crazy

American education shamed mathematics for 3 decades. If we happen to find an American guy/gal, they only want to be in sales not actual accounting. They want to look good, done with clients and make business happen, and they don’t want to flip through 60 spreadsheets for ebita and tell the CFO their adjustment is wrong. And still be considered “back office” by the business teams.

On the other hand we can score an ivy educated Chinese guy easily.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's disappointing no one else is jumping on this. The discrimination we've looked away from is astounding. People it isn't racist to be appalled by this.

We agree. I met a Chinese h1b visa worker with an accounting degree while on vacation in LA. There is absolutely no reason to hire an accountant as an h1b worker, we have plenty of accountants here. That whole program stinks and is an outlet for foreign frauds

Fund accounting has a higher percentage of Chinese nationals because we can’t get Americans to apply at all, always have to beg for recruiter budget then compete with other firms and end up with a fellow Chinese 🐶

Start recruiting at American colleges.

We get ghosted all the time. They rather join the military than work in accounting (real story). In the end of the day i also have a full time job, I can’t forego my own responsibilities to recruit more aggressively at colleges while the business teams have no problem filling their ranks with their 2x salary.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's disappointing no one else is jumping on this. The discrimination we've looked away from is astounding. People it isn't racist to be appalled by this.

We agree. I met a Chinese h1b visa worker with an accounting degree while on vacation in LA. There is absolutely no reason to hire an accountant as an h1b worker, we have plenty of accountants here. That whole program stinks and is an outlet for foreign frauds

Fund accounting has a higher percentage of Chinese nationals because we can’t get Americans to apply at all, always have to beg for recruiter budget then compete with other firms and end up with a fellow Chinese 🐶

Start recruiting at American colleges.

Anonymous wrote:It's disappointing no one else is jumping on this. The discrimination we've looked away from is astounding. People it isn't racist to be appalled by this.

if it impacts US citizens it is not discrimination and Progressives cheer!!!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's disappointing no one else is jumping on this. The discrimination we've looked away from is astounding. People it isn't racist to be appalled by this.

We agree. I met a Chinese h1b visa worker with an accounting degree while on vacation in LA. There is absolutely no reason to hire an accountant as an h1b worker, we have plenty of accountants here. That whole program stinks and is an outlet for foreign frauds

Fund accounting has a higher percentage of Chinese nationals because we can’t get Americans to apply at all, always have to beg for recruiter budget then compete with other firms and end up with a fellow Chinese 🐶

By Mahvash Siddiqui on December 15, 2025

Twenty years ago, I served as one of 15 junior visa officers at the U.S. Consulate in Chennai, India — the H-1B visa fraud capital of the world. We adjudicated thousands of visas daily in an environment where 70–90 percent of applicants sought to exploit the nonimmigrant visa system to live and work in the U.S. illegally. While we could reject most fraudulent applications, H-1Bs were different: They came pre-approved by the Department of Homeland Security (DHS), making denials rare (~2 percent). Revocations required laborious after-hours legal memos — work few had time for while processing 200 visas a day.

H-1B visas became the perfect loophole for many Indian nationals aged 20–45 to enter the U.S. with fraudulent or inflated credentials, displacing qualified American IT and STEM workers. From 2005–2007, Chennai adjudicated ~100,000 H-1Bs annually. Today, demand has exploded to 400,000-plus per year.

https://cis.org/Siddiqui/H1B-Tsunami-Why-US-Must-Act-Protect-American-Jobs-Security-and-Prosperity?&utm_source=twitter&utm_medium=social-media&utm_campaign=addtoany

Anonymous wrote:

Anonymous wrote:It's disappointing no one else is jumping on this. The discrimination we've looked away from is astounding. People it isn't racist to be appalled by this.

We agree. I met a Chinese h1b visa worker with an accounting degree while on vacation in LA. There is absolutely no reason to hire an accountant as an h1b worker, we have plenty of accountants here. That whole program stinks and is an outlet for foreign frauds

Fund accounting has a higher percentage of Chinese nationals because we can’t get Americans to apply at all, always have to beg for recruiter budget then compete with other firms and end up with a fellow Chinese 🐶

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Same practice at Cap1.
Good thing I now make 2x.

My neighbor who suddenly left Freddie in the spring is now at Cap1. Wonder if she's working the same 4-5 hours or less per day.

working in financial services isn't the same as working on an assembly line. its about actual results, not time butt is in seat.

You're quite the comedian. As if a person working 4 hours a day gets actual results.

Plenty of H1s work 12 hours for buggy development work that takes years to fix.

Meanwhile our competent coder takes every Friday off and built a product for a large bank to process wires without major problem.

Anonymous wrote:

Anonymous wrote:It's disappointing no one else is jumping on this. The discrimination we've looked away from is astounding. People it isn't racist to be appalled by this.

We agree. I met a Chinese h1b visa worker with an accounting degree while on vacation in LA. There is absolutely no reason to hire an accountant as an h1b worker, we have plenty of accountants here. That whole program stinks and is an outlet for foreign frauds

+100

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Same practice at Cap1.
Good thing I now make 2x.

My neighbor who suddenly left Freddie in the spring is now at Cap1. Wonder if she's working the same 4-5 hours or less per day.

working in financial services isn't the same as working on an assembly line. its about actual results, not time butt is in seat.

You're quite the comedian. As if a person working 4 hours a day gets actual results.

Not reading AI slop OP.

Anonymous wrote:OP wants DEI?

Don't
Employ
Indians
M
?

OP wants DEI?