Tuesday, December 09, 2008

And ... Power To The People!


Workers who staged sit-in at Chicago plant win
Bank will give loans to employer so they can cover severance, vacation pay

CHICAGO - Bank of America says it will extend credit to a Chicago window and door maker whose workers have occupied the factory for five days.


The bank said Tuesday that it's willing to give the Republic Windows and Doors factory "a limited amount of additional loans." That's so it can resolve claims of employees who have staged a sit-in since Friday.


The factory closed Friday after Bank of America canceled its financing.

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