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Raynor's statement on Wells Fargo's attempt to liquidate Hartmarx
03
Jun '09
Bruce Raynor's Statement on Wells Fargo's attempt to liquidate Hartmarx and 3000 union jobs:

The Emerisque bid is good for Hartmarx's and its workers. It is good for Wells Fargo and the Wells Fargo shareholders. Wells Fargo's statement is a thinly veiled attempt to force liquidation. It is outrageous for a bank that has received billions in taxpayer money to reject Emerisque's generous bid to save the company and thousands of good jobs.

The union has an understanding with Emerisque that it will assume Hartmarx's obligations to their employees including the union contract obligations.

In addition Emerisque will not close the Rock Island Illinois facility. Emerisque is committed to the 'Made in America' label for Hickey Freeman and Hart Schaffner & Marx.

These are the kind of good union jobs that are needed in our currently depressed economy. We call on Wells Fargo, recipient of 25 billion dollars in taxpayer support, to have a similar commitment to American jobs.

Workers United Union


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