Bank of America Now Required to Make Bad Loans

After a sit-in by former employees plus a little help from perpetual agitator Jesse Jackson, Bank of America has caved in and granted new financing to a company that probably doesn't deserve it:

CHICAGO — Bank of America says it will extend credit to a Chicago window and door maker whose workers have occupied the factory for five days.

The bank said Tuesday that it's willing to give the Republic Windows and Doors factory "a limited amount of additional loans." That's so it can resolve claims of employees who have staged a sit-in since Friday.

The factory closed Friday after Bank of America canceled its financing.

Workers were given three days' notice. But they refused to leave and vowed to stay there until receiving assurances they would receive severance and accrued vacation pay.

The bank has been criticized for cutting off the plant's credit after taking federal bailout money.

So, now that BofA has bailout money it has to make every loan that comes its way? Who's going to bail out BofA when all these loans go bad?