Thursday, March 28, 2002

  • Restoring the Debt: Descendents of Slaves File for Reparations From US Corporations That Profited From Slavery

    Here on Democracy Now, we have consistently reported on the US companies that drew profits from the slave trade. Aetna, Inc., the nation’s largest health insurer, sold policies in the 1850s reimbursing slave owners for financial losses when their slaves died. The CSX rail company used slaves to build their tracks. And FleetBoston financial services company grew out of Providence bank, which was founded by known slave trader John Brown, the namesake of Brown University. John Brown was prosecuted in federal court for participating in the international slave trade after it became illegal under federal law.