In a not so greenmesh observation for the day:
Triumph (Danskin) said in a letter made public Tuesday that it would permanently lay off 226 workers - 168 at its manufacturing plant in York and 58 at its distribution center in Springettsbury Township.
Triumph could not find an investor or secure a sufficient loan from its lender, Wells Fargo, according to CEO Carol Hochman's letter, which was sent to Pennsylvania's department of labor and industry and local government leaders. inyork.com/ydr
So what is Wells Fargo doing with taxpayer money if they are not using it to save taxpayer jobs? Wells Fargo's did grab Wachovia.
Bigger banks will need bigger taxpayer bailouts as they become a larger part of the economic picture.
Just wanted to add something to your equation on Danskin- our jobs appear to be going to Haiti.