Company admits slave historyBreaking News
"This is a sad part of our heritage. . . . We're deeply apologetic. ... It was a terrible thing. . . . There's no one sitting in the United States in the year 2005, hopefully, who would ever, in a million years, defend the practice," said Joe Polizzotto, general counsel of Lehman Brothers.
Polizzotto initially claimed that company research had, so far, produced no concrete information that founding brothers Mayer, Henry and Emanuel Lehman had profited from slavery. But, under questioning from aldermen, he said, "It is virtually inconceivable, given the fact that they owned slaves that were in the business that the company didn't profit in some way, shape or form, from the institution of slavery. We appreciate that fact. We know that," the general counsel said.
comments powered by Disqus
- More Doubts, Opposition To Sale Of Unique, Hartford Collection Of Political History
- How the Curse of Sykes-Picot Still Haunts the Middle East
- Kennewick Man Will Return Home to Native American Tribes
- Now it’s the University of Louisville’s turn to remove a Confederate statue
- A fortress built by Alexander the Great after he conquered Jerusalem has been discovered
- Liz Covart amazingly popular podcast helps her audience understand early American history
- Justus Rosenberg is still teaching at age 95
- Glenda Gilmore chides Yale for deciding to keep the name of Calhoun
- The historian and cartographer Bill Rankin has developed a new way to visualize slavery
- Paula S. Fass says young Americans need required national service