One for the people? maybe.

Illinois may pull money from Wells Fargo if Obama suitmaker is shut down

Source: Chicago Tribune - McClatchy-Tribune
CHICAGO, May 07, 2009 (Chicago Tribune - McClatchy-Tribune News Service via COMTEX) -- WFC Quote Chart News PowerRating -- The fight to keep the Hartmax Corp. suit factory in Des Plaines, Ill., alive stepped up Thursday when the state treasurer threatened to pull Illinois' business from Wells Fargo & Co. if the bank backs a bid that could lead to liquidating the company.
"Unless the company remains open, they will not be doing business with the state of Illinois any longer," Illinois Treasurer Alexi Giannoulias told a crowd of workers outside the factory, who gathered on their lunch break.
The Chicago-based manufacturer, which makes suits for President Barack Obama, filed for Chapter 11 bankruptcy Jan. 23 and is in talks to be sold soon. The Des Plaines factory, opened in 1982, employs 600 workers making men's suit coats. The company employs roughly 3,000 union workers in the U.S.
Backdropped by signs saying "Wells Fargo gets bailed out, workers get sold out," union leaders said they worry that a new owner would close the factory and liquidate the company or send production overseas. They say the bank has an obligation to protect jobs in light of the $25 billion it received in federal TARP bailout money.
"Wells Fargo has to understand that if they take a short-term approach they're creating the same problem that got us into this mess," said Tom Balanoff, president Service Employees International Union state council. LinkHere