Издатель
“The banks you trust today? JPMorgan Chase and Bank of America were built on slavery.”
From 1831 to 1865, Citizens’ Bank and Canal Bank of Louisiana — predecessors of JPMorgan Chase — accepted over 13,000 enslaved people as collateral. When loans defaulted, they seized over 1,200 men, women, and children, becoming slave owners themselves. In 2005, JPMorgan admitted this history and issued an apology, offering a $5 million fund — the equivalent of just $19 per enslaved person.
Bank of America’s roots trace back to the Boatmen’s Bank and Southern Bank of St. Louis, which also profited from slavery. Even the Bank of Metropolis once secured U.S. Secretary of State John Forsyth’s debt with enslaved lives.
Slavery didn’t just build plantations — it built the backbone of American finance. And those names — JPMorgan, Bank of America — are still with us today.
Now you know the truth — should these banks be doing more than a $5 million “apology fund”? Drop your thoughts below. ✊
From 1831 to 1865, Citizens’ Bank and Canal Bank of Louisiana — predecessors of JPMorgan Chase — accepted over 13,000 enslaved people as collateral. When loans defaulted, they seized over 1,200 men, women, and children, becoming slave owners themselves. In 2005, JPMorgan admitted this history and issued an apology, offering a $5 million fund — the equivalent of just $19 per enslaved person.
Bank of America’s roots trace back to the Boatmen’s Bank and Southern Bank of St. Louis, which also profited from slavery. Even the Bank of Metropolis once secured U.S. Secretary of State John Forsyth’s debt with enslaved lives.
Slavery didn’t just build plantations — it built the backbone of American finance. And those names — JPMorgan, Bank of America — are still with us today.
Now you know the truth — should these banks be doing more than a $5 million “apology fund”? Drop your thoughts below. ✊
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