[Peace-discuss] Fw: CDUI Workers win: Bank to give credit to Chicago plant

[unionyes]

The opinion / question this person posted below, is the first thing that crossed my mind when I heard this report this morning.
It probably is just a coincidence, but man what timing.

David J.

----- Original Message ----- 
From: demian schroeder 
To: CDUI at yahoogroups.com 
Sent: Tuesday, December 09, 2008 4:01 PM
Subject: CDUI Workers win: Bank to give credit to Chicago plant


      (How long will it take the mass media to note a coincidence in Gov. Rod Blagojevich ordering Illinois to cease business with Bank of America, and his arrest today for political corruption?-d)


      Workers win: Bank to give credit to Chicago plant
      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.

      Workers were given three days' notice. But they refused to leave and vowed to stay there until receiving assurances they would receive severance and accrued vacation pay.

      The bank has been criticized for cutting off the plant's credit after taking federal bailout money.

      AP



     



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