The plunder of black wealth in Chicago, captured in film

A new study tabulates the toll of contract buying in Chicago during the. The report is titled "The Plunder of Black Wealth in Chicago: New.

Black people owned and operated more than 200 businesses and had their own schools, churches, a hospital, a library, two movie theatres, a recreation center, and two hotels. The north carolina mutual life insurance Company was the nation’s largest and richest Black-owned business.

Black home buyers in Chicago lost at least $3.2 billion in today's dollars because of racist real estate policies and predatory contracts between.

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A new report shows how much wealth was swindled from Chicago's Black community in the 1950s. Music · Film · Television · All Access. The report, called “The Plunder of Black Wealth in Chicago: New Findings on the. White man arrested after spitting in Black girlfriend's face over slave game – theGrio.

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Though his known career as a pirate captain lasted little more than a year, he and his crew captured at least 53 ships. called "Black Sam" in Cape Cod folklore because he eschewed the fashionable powdered wig in favor of tying back his long black hair with a simple band, Bellamy became known for his mercy and generosity toward those he captured on his raids.

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The study, called "The Plunder of Black Wealth in Chicago: New Findings on the Lasting Toll of Predatory Housing Contracts," is the first report to put a dollar amount on the practice. During a time when blacks could not get mortgages because of redlining, buying homes on contract gave the illusion of a mortgage payment without any protection.

Family Properties: How the Struggle Over Race and Real Estate Transformed Chicago and Urban America [Beryl Satter] on Amazon.com. *FREE* shipping on qualifying offers. Part family story and part urban history, a landmark investigation of segregation and urban decay in Chicago — and cities across the nation The promised land for thousands of Southern blacks

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