Bank of America denies credit – Workers occupy Chicago factory
8th December 2008
Members of Local 1110 of the United Electrical, Radio and Machine Workers of America are occupying the Republic Windows and Doors factory this weekend – something rarely seen here since the 1930’s. Obama sided with the workers, saying ” I think they’re absolutely right and understand what’s happening to them is reflective of what’s happening across this economy.”
As part of the U.S. bailout, Bank of America has already received $25 billion in taxpayer money. Read more.
Welcome to my blog about the financial crisis. I'm Ann Pettifor, author and analyst of the global financial system, and co-author of the Green New Deal. I predicted an Anglo-American debt-deflationary crisis back in 2003, and am known for my work on sovereign debt and international finance, including Jubilee 2000. Currently a fellow of the
One Response to “Bank of America denies credit – Workers occupy Chicago factory”
Who would have thought the banks would acted in any other way. ??? NOT ME
I think it is time that most of the income that these bank
, financial institution & car maker CEO’s earned in the last 10 year be taken back.
Comment By Alan Smith on December 9th, 2008 at 1:18 am
Leave a Comment