TARP money helps push bank jobs overseas

The New York Post reports:

US banks that have taken billions of dollars in taxpayer bailouts are still shipping thousands of jobs overseas.

Earlier this month, Bank of New York Mellon, which received $3 billion in TARP funds, opened its third call center in Pune, India, where it now employs 1,300 people.

Doug Brown, who wrote "The Black Book of Outsourcing," said Bank of America, with $52.5 billion of TARP funds in the kitty, has expanded its India-based payroll to 5 percent of its 301,000 employees in 2009, about 15,000 people.