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Once you have paid the Danegeld...
JPMorgan Chase & Co offered $400,000 on Wednesday to help pay severance to laid-off workers occupying a Chicago factory, whose protest symbolizes resentment over the federal bailout of big banks while workers suffer.JPMorgan Chase's offer, announced by Rep. Luis Gutierrez, who has been mediating the dispute, follows on Bank of America Corp's pledge to make an unspecified, limited loan to Republic Windows & Doors on behalf of the 250 workers. The worker sit-in that began on Friday has become a symbol of Main Street resentment of the federal bailout of Wall Street banks, which Bank of America has tapped for $15 billion and JPMorgan for $25 billion. Posted by: Seafarious 2008-12-11 |
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