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Activists Want Reparations From Chase Bank For Chicago's Black Neighborhoods
Activists Want Reparations From Chase Bank For Chicago's Black Neighborhoods Activists are calling on the largest bank in the nation to make reparations — or face "massive protests" at Chase Banks throughout Chicago.FromActivists are calling on the largest bank in Chicago and the nation, JPMorgan Chase, to make billions of dollars in reparations to black neighborhoods in Chicago — or face "massive protests" at Chase branches "all throughout the city of Chicago." "We want billions back for what they've done to us over the years," said activist and former mayoral candidate Ja'Mal Green at the...…Activists Want Reparations From Chase Bank For Chicago's Black Neighborhoods Activists are calling on the largest bank in the nation to make reparations — or face "massive protests" at Chase Banks throughout Chicago.FromActivists are calling on the largest bank in Chicago and the nation, JPMorgan Chase, to make billions of dollars in reparations to black neighborhoods in Chicago — or face "massive protests" at Chase branches "all throughout the city of Chicago." "We want billions back for what they've done to us over the years," said activist and former mayoral candidate Ja'Mal Green at the...WW…
Home Loans in Chicago: One Dollar To White Neighborhoods, 12 Cents To Black
In Chicago, lenders have invested more in a single white neighborhood than all the black neighborhoods combined. Call it modern-day redlining.By, WBEZ; , City Bureau; WBEZPublished June 3, 2020Eighty years ago, the federal government drew around Chicago’s black neighborhoods and warned banks not to make home loans there. Today, discrimination in housing is outlawed, and are supposed to ensure banks lend in all neighborhoods. But a new analysis by WBEZ and the nonprofit newsroom City Bureau shows gaping disparities in the amount of money lent in Chicago’s white neighborhoods...…In Chicago, lenders have invested more in a single white neighborhood than all the black neighborhoods combined. Call it modern-day redlining.By, WBEZ; , City Bureau; WBEZPublished June 3, 2020Eighty years ago, the federal government drew around Chicago’s black neighborhoods and warned banks not to make home loans there. Today, discrimination in housing is outlawed, and are supposed to ensure banks lend in all neighborhoods. But a new analysis by WBEZ and the nonprofit newsroom City Bureau shows gaping disparities in the amount of money lent in Chicago’s white neighborhoods...WW…
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