Obama, Durbin seek bank meeting


	Obama, Durbin seek bank meeting

BobbyDelray

9-16-2007 12:43 PM

125 views

tags:

barack obama, richard durbin, lasalle bank, bank of, america, chief executive kenneth lewis

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/35a34bf2-9d58-4ba6-a3cc-55708fc65eee/36EF4C5E-55F2-4C4B-A574-C8F65E79C168/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.suntimes.com/business/558327,CST-FIN-bank15.article" href="http://www.suntimes.com/business/558327,CST-FIN-bank15.article" style="font-size: 11px;">www.suntimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.suntimes.com/business/558327,CST-FIN-bank15.article"><P>U.S. Sens. Barack Obama and Richard Durbin asked Friday to meet with Bank of America Chief Executive Kenneth Lewis amid concerns about the potential harmful impacts the bank's planned purchase of LaSalle Bank could have on the state. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.suntimes.com/business/558327,CST-FIN-bank15.article"><P>Last month a local coalition of religious, union and community groups released a report contending the acquisition would result in the net loss of more than 10,500 jobs. It projected as many as 3,900 of 4,000 jobs at LaSalle's Chicago headquarters, most of them high-paying, would be cut. The group also voiced concerns that Bank of America would cut local investment and philanthropy and hurt competition here.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.suntimes.com/business/558327,CST-FIN-bank15.article"></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/36EF4C5E-55F2-4C4B-A574-C8F65E79C168/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>