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Post Info TOPIC: Workers who staged sit-in at Chicago plant win!!!


2011 Super Bowl Champions!

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Workers who staged sit-in at Chicago plant win!!!


Funny how quickly a company can have a change of heart once they get a little bad publicity...

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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.



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Bad Biker Granny



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YAY! w00t.gif Those people deserved their money.

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That which does not kill me postpones the inevitable.


Grand Poobah

    



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YES!!!!

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"And like Web, I enjoy throwing JR under the bus.  Problem is, it's usually under the special bus that I ride every day". Ghostdancer 12-18-09


2011 Super Bowl Champions!

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This should be standard practice for ANY bank that got bailout money.

It's not Bank Of America's responsibility to make sure the company they lend money to does what's right, but in a case where they got all that bailout money they should be forced to help out like this.

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Leader Of The Banned

    


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That was precisely what it was for...not CEO retreats.

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