Will yank business if bank doesn't restore window factory's credit
(NEWSER) - The sit-in launched by laid-off workers at a Chicago door and window factory could have a nine-figure financial impact on Bank of America. Illinois Gov. Rod Blagojevich, a day before his arrest on corruption charges, called on state agencies to cease doing business with the bank, and the city of Chicago has threatened the same, the Wall Street Journal reports. "It is outrageous for Bank of America to cut off credit, a company's lifeblood, after receiving $15 billion of taxpayers' money," said one alderman. More»