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    Back to Which Way, L.A.?

    Which Way, L.A.?

    Federal Bailouts and Double Standards

    Two hundred workers are staging a sit-in at a Chicago factory after the Bank of America cut off the company's credit.  The bank got $25 billion in taxpayer funds, but the workers only got three days notice of termination.  Now they're symbolic of the double standard for federal bailouts of Wall Street compared to other sectors of the economy. …

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    By Warren Olney • May 12, 2014 • 1 min read

    Two hundred workers are staging a sit-in at a Chicago factory after the Bank of America cut off the company's credit. The bank got $25 billion in taxpayer funds, but the workers only got three days notice of termination. Now they're symbolic of the double standard for federal bailouts of Wall Street compared to other sectors of the economy. The factory is in the former state senate district of President-elect Barack Obama.

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

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      Katie Cooper

      Producer, 'One year Later'

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

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      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Harold Meyerson

      Editor, The American Prospect; and Columnist

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      Philip Levy

      American Enterprise Institute

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      Scott Paul

      Alliance for American Manufacturing

      News
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