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JPMorgan to Pay Chicago Protesters

Creditors respond to sit-in with loans, severance offer

By Ambreen Ali,  Newser User

Posted Dec 10, 2008 2:43 PM CST

(Newser) – JPMorgan will pay $400,000 toward the severance for 240 laid-off workers occupying a Chicago factory, and Bank of America will extend the bankrupt manufacturer a new loan, Reuters reports. Both banks are creditors of Republic Windows & Doors, which shut down after, BOA says,...   Read full story »

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