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The short explanation of this alert was:

$25 billion bailout hoarded; workers threatened with job loss!

Desperate for cash, Wells Fargo got $25 billion from US taxpayers to keep it open. The deal was simple: use our money to stay in business and help other businesses through the recession, too. Jobs would be saved and we'd all be on the road to economic recovery.

Instead, Wells Fargo has cut the lifeline of Quad City Die Casting in Moline, IL, a viable, 60 year old family-run business. One hundred good jobs are on the line.

In some 20 cities across the U.S. on June 23, UE members, JwJ activists, and allies took action at branch offices of banking giant Wells Fargo, and its subsidiary Wachovia, from Boston to Los Angeles.

Wells Fargo was also the bank in the recently resolved bankruptcy case of US suitmaker Hartmarx.

Tell the House and Senate Banking Committees that Wells Fargo should help end the recession -- not create more unemployment by forcing viable companies to close.

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