Wednesday, December 10, 2008

BoA Bows away from Bailout Embarrassment

Bank of America relents to criticism for its refusal to loan money to a Chicago company to pay its employees at Christmas time. I guess it wasn't profitable to assume the role of Scrooge with taxpayer bailout money. If it weren't for the loud-mouthed rabble on Main Street, bailout capital would be hoarded on Wall Street.

UPDATE: According to Facing South, there was also a rabble of protesters against BoA in Charlotte, NC.

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