Republic Windows to Get Bank Of America Loan

Dec. 9 (Bloomberg) -- Bank of America Corp. will provide a "limited amount of additional loans" to shuttered Republic Windows & Doors LLC in Chicago to pay employees occupying a building after the bank ended the company’s line of credit.

  It is reported that a planned protest for Wednesday will still go on.

Bloomberg

The United Electrical, Radio and Machine Workers of America, which represents the Republic employees, plans a rally at noon tomorrow at the Bank of America building in Chicago. The bank has received $15 billion from the U.S. Treasury as part of its effort to boost capital, while Merrill Lynch & Co., the securities brokerage it is buying, received $10 billion.

  Score one for the good guys ( workers. )

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