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Wednesday, June 22, 2005

Reparations Watch: Wachovia Apologizes, The Sharks Want More

Yes, nothing says I'm sorry like money. Just ask the trial lawyers:

Wachovia Corporation's ridiculous apology for its alleged ties to slavery has backfired.

Chicago City Council aldermen are vowing to strip from Wachovia a $9.4 million loan to build affordable housing units as punishment for the bank's supposed failure to disclose that its predecessor banks were involved in slave-related business deals.

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