¶ … Tulsa Race Riot: What Happened and Why
In 1921, Tulsa, Oklahoma, like many other American cities, was a hotbed of racial tension and the Ku Klux Klan was large, accepted and active in "keeping blacks in their place." Although Jews and Catholics were also targeted, African-Americans were far and away their primary targets. Blaming these minorities for the mainstream society's problems was a simple answer to a complex problem. The brutalities that were visited upon the African-America community in Tulsa were so severe and widespread that the event should be called the "Tulsa Race Massacre."
The prosperity that was being enjoyed by many blacks in Tulsa at the time in an area known as "Black Wall Street" and the nice homes that the whites could see from downtown Tulsa served to infuriate many of them to the point where any excuse would be sufficient to exact their revenge for being so "uppity." Moreover, the residents of "Black Wall Street" were successful professionals, including doctors, lawyers, PhDs, and entrepreneurs and an African-American newspaper was published there. Merchants and residents in the nearby "Little Africa" community were also highly prosperous. In fact, "Little Africa's" mainstream, Greenwood, was referred to as "Black Wall Street." These were the cream of the African-American crop, so to speak, having been attracted to North Tulsa by virtue of this business community and apparent opportunities. Indeed, many of these residents...
Black Wall Street was the name given to the affluent black community of Greenwood Avenue in Tulsa, Oklahoma (Jaynes, 2011). They generated a prosperous and self-sufficient business district amidst intense racism and segregation laws. Several upper class and middle class blacks lived and worked in the area with the town generating high black economic activity (Rogers, 2010). What began as a journey to Greenwood Avenue in Tulsa as servants, led
Black Monday - 1987 On Monday, October 19, 1987, the Dow Jones Industrial fell 508 points -- which meant that it lost 22.6% of its value -- which was an unprecedented fiscal calamity at that time. This paper delves into that frightening dive, into the reasons why it happened, and looks into the possibility that it could happen again. Why did it happen? In January, 1987, the Dow Jones Industrials gained 13.8%, according
Black Rock Industries History of the Firm BlackRock, Inc., the world's largest financial asset and management company, began in a one-room office in New York in 1988. BlackRock, which began under the name of BlackStone Financial Management, was led by Larry Fink and a team of seven others: Keith Anderson, Benett W. Golub, Charles Hallac, Robert S. Kapito, Barbara Novick, Ralph Schlosstein, and Susan Wagner. All were unified by their desire to
Black Lives Matter is a social movement facilitated by social media, which critiques multiple forms of injustice and disparity. The movement can be viewed as the latest in a string of attempts to achieve racial parity and universal civil rights in the United States, but has been more narrowly defined by the movement's concern with race-based police brutality and racialized violence. Beneath this oversimplification of the Black Lives Matter movement
Street Gangs and Loitering Laws Los Angeles politicians have recently come together behind a proposed city ordinance that would allow police to arrest loitering street gang members. Mayor James K. Hahn, voiced his support for this new weapon in the battle against gang violence and drug trafficking. "Law abiding citizens shouldn't be afraid to go get a carton of milk at night," he said. "This ordinance will put gang members on
Goffer made over $300,000 from the illegal deal. As the case expanded, 13 others were also charged. Altogether, they had acquired approximately $40 million or more in profit during the years 2006-2009 (Krantz). And the list could go on and on. Conclusion - How Does Illegal Insider Trading Affect the Market and Economy? Unfair advantage. Violation of transparency. Disruptive of a properly functioning market. Investors no longer invest. It begins with
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