Wednesday, December 10, 2008

People's Success?? 'BoA set to lose billions in business as Governor, President-elect show solidarity with workers'

In a stinging note of support for the laid off workers that have taken up residency in Chicago's Republic Windows & Doors factory, the Governor of Illinois has suspended business with Bank of America until it reissues credit to the shuttered company. Bank of America cut off credit to Republic Windows & Doors company last week, and workers, demanding severance pay, began staging sit-ins, effectively taking control of the building.The governor's bold move comes immediately after President-elect Obama, himself a Chicago native, expressed sympathy for and agreement with the worker's plight and resulting actions.When it comes to the situation here in Chicago with the workers who are asking for their benefits and payments they have earned, I think they are absolutely right, said Obama during a Sunday news conference. Whats happening to them is reflective of whats happening across this economy."

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