Saturday, March 06, 2004

Tillman: Bank 'lying' when it denies past ties to slavery

Does Dorothy Tillman have nothing else to do but bring up unfounded allegations? She comes in and states that J.P. Morgan Chase, the bank that's merging with local uber-bank Bank One is lying about its past with slavery.

What is she looking for? Records that state that slaveholders may have had savings accounts there? If she thinks that is enough evidence of ties to slavery that should prevent J.P. Morgan Chase from merging with Bank One, she's sadly mistaken. What people should look at is preventing the merger due to possible monopolization of a market. Going about it this way only feeds conspiracies and breeds hatred.

At least Finance Committee Chairman Edward Burke told Tillman to put up or shut up. Mind you, he said it in a much nicer way that I would have.

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