Illinois pressures Bank of
America to help workers
(Reuters) - Bank of America will lose out on hundreds of millions of dollars in fees and commissions from the state of Illinois if it fails to help laid-off workers occupying a Chicago factory, the governor warned on Monday.
Gov. Rod Blagojevich, a Democrat, visited Republic Windows
& Doors where 250 union workers have camped out in shifts since
Friday, demanding severance and vacation pay after the family-owned
business gave them just three days notice of the plant's closing.
The parties involved met on Monday and failed to reach a resolution but
said they would talk again on Tuesday. The workers said their occupation of the
plant would continue. The company told workers last week that Bank of
America had shut off its line of credit and refused to allow further expenditures.