Posted inEconomy, Magazine, March/April/May 2016, The Monopolized Economy

Redlining from Afar: How Consolidation Killed Off St. Louis’s Exemplary Minority Lender

Just after Thanksgiving in 1996, a group of 146 St. Louisans, mainly from the black business community, boarded a chartered TWA jetliner and flew to New York City. Their goal? To block the takeover of their hometown Boatmen’s Bank by shutting down the New York Stock Exchange. Led by the St. Louis lawyer Eric Vickers, […]

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