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Originally posted by Rudey
Wachovia didn't profit from it. Again, a lot of the public corporations have shareholders which include Black Americans - part owners in these banks.
-Rudey
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The bank said incomplete records make it impossible to know how many slaves were owned by either institution, but that specific transactional records show the Georgia bank owned at least 162 slaves and the Bank of Charleston accepted at least 529 slaves as collateral on mortgaged properties or loans.
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They acknowledged that 2 of the banks they assumed did so they are accepting responsibility (for lack of a beter word).
I wonder how many Blacks folks will keep their shares?