By Mary Wisniewski And Fran Spielman, Sun-Times
Bank of America became the fourth bank that does business with Chicago to disclose links to slavery — with one transaction involving former U.S. Secretary of State John Forsyth.
In a report released Wednesday, the Charlotte, N.C.-based bank revealed two slave-related deals involving predecessor banks. In neither case did the banks take slaves, and the bank said it could not find a case in which a predecessor made a profit from slaves.
“The institution of slavery left an indelible and shame- ful mark on our nation’s history, and we regret any actions our predecessors may have taken that supported or tolerated the institution of slavery in America,” said Kenneth D. Lewis, the bank’s chief executive officer.
For this complete story, please visit Bank of America Admits Ties to Slavery.