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  USA: Companies and slavery  

 

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Corporate Bill for Slavery - The federal class-action lawsuits [in USA]...seek corporate accountability for profits made from slavery, unspecified damages and the establishment of a fund for the healthcare, housing, education and economic development needs of African-Americans. They also want a full investigation of the financial underpinnings of slavery...On the other side of the lawsuits are seventeen powerful corporations. They include financial institutions such as JPMorgan Chase and FleetBoston; insurance companies (e.g., Aetna and New York Life); railroads (Norfolk Southern, Union Pacific and CSX); tobacco companies (R.J. Reynolds, Brown & Williamson); and a textile manufacturer (WestPoint Stevens). (John S. Friedman, The Nation, 20 Feb. 2003)

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2003:

Corporate Bill for Slavery - The federal class-action lawsuits [in USA]...seek corporate accountability for profits made from slavery, unspecified damages and the establishment of a fund for the healthcare, housing, education and economic development needs of African-Americans. They also want a full investigation of the financial underpinnings of slavery...On the other side of the lawsuits are seventeen powerful corporations. They include financial institutions such as JPMorgan Chase and FleetBoston; insurance companies (e.g., Aetna and New York Life); railroads (Norfolk Southern, Union Pacific and CSX); tobacco companies (R.J. Reynolds, Brown & Williamson); and a textile manufacturer (WestPoint Stevens). (John S. Friedman, The Nation, 20 Feb. 2003)

RIGHTS-JAMAICA: Conference to Continue Fight for Reparations for Slavery -...Meanwhile the reparations movement has been building steam in Jamaica and throughout the world.  Last October, more than 500 delegates meeting in Barbados created the Pan African Movement, which voted to launch lawsuits this year against former slave-trading nations, including Britain, Germany, Belgium and France. (Dionne Jackson Miller, Inter Press Service, 21 Jan. 2003)

2002:

City Council seeks slavery records - Chicago City Council passed an ordinance Wednesday requiring any company doing business with it to search its records and disclose whether it or a predecessor firm profited from the U.S. slavery industry. (Reuters, 2 Oct. 2002)

State [California] releases names of slaves who were insured - The names of hundreds of slaves whose lives were insured before 1865 were released by the state Wednesday, plunging California into the middle of a growing national movement to sue companies for slavery reparations. The information, mandated by a state law passed in 2000, came largely from three insurance companies that do business in California: New York Life, AIG and Aetna (Sarah Lubman, San Jose Mercury News, 2 May 2002)

Federal Lawsuit [USA] Seeks Slave Reparations from Three Companies [Aetna Inc., CSX Corp., FleetBoston Financial Corp.] (William Baue, SocialFunds.com, 18 Apr. 2002)

UNITED STATES: Slavery Lawsuit Aims for Social Change - A class-action lawsuit filed by some 35 million descendants of black slaves against three companies with ties to the slave trade is aimed as much at shaking up U.S. society as at winning financial returns, say lawyers and observers. (Jim Lobe, Inter Press Service, 27 Mar. 2002)

Lawsuit Chases Companies Tied to Slavery [USA]: A prayer on a Brooklyn street preceded the filing of an unprecedented $1.4 trillion lawsuit against eight major corporations alleged to have profited from their historical ties to the slave trade more than 137 years ago. Claiming to represent all of the United States' 35 million African-Americans, New York slave reparations activist Deadria Farmer-Paellmann named Aetna Inc., CSX Corp. and FleetBoston Financial Corp., among others, as unjustly profiting from the slave trade before the Civil War ended in 1865. (Kelley Vlahos Beaucar, Fox News, 27 Mar. 2002)

US firms face slave reparations suit: Three major US corporations accused of profiting from the slave trade before it was abolished almost 150 years ago are being taken to court by African-Americans seeking compensation for the abuses suffered by their ancestors. The lawsuit is the first of what is expected to be a deluge of claims against insurer Aetna, railroad firm CSX and financial services firm Fleet Boston. (BBC News, 26 Mar. 2002)