kikipeepers asked
America's second biggest bank, JP Morgan Chase, has made a rare apology for its subsidiaries' involvement in the slave trade 200 years ago, admitting that it accepted slaves as loan collateral and ended up owning several hundred. The Wall Street heavyweight said parts of the business accepted thousands of slaves as collateral on loans made to plantation owners in the South in the early 19th century. It sent a letter to employees expressing contrition for its involvement in a 'brutal and unjust institution'...
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