emazur
06-26-2009, 07:37 PM
http://www.ft.com/cms/s/0/7c0f5014-628c-11de-b1c9-00144feabdc0.html?ftcamp=rss&nclick_check=1
In the case of Mr Rothschild, the documents reveal for the first time that he made personal gains by using slaves as collateral in banking dealings with a slave owner.
This will surprise those familiar with his role in organising the loan that funded the UK government’s bail-out of British slave owners when colonial slavery was abolished in the 1830s. It was the biggest bail-out of an industry as a percentage of annual government expenditure – dwarfing last year’s rescue of the banking sector.
Equally interesting is all the other big banks listed in the article who have ties to slavery. But big bankers would never try to enslave the population in modern times... right?
In the case of Mr Rothschild, the documents reveal for the first time that he made personal gains by using slaves as collateral in banking dealings with a slave owner.
This will surprise those familiar with his role in organising the loan that funded the UK government’s bail-out of British slave owners when colonial slavery was abolished in the 1830s. It was the biggest bail-out of an industry as a percentage of annual government expenditure – dwarfing last year’s rescue of the banking sector.
Equally interesting is all the other big banks listed in the article who have ties to slavery. But big bankers would never try to enslave the population in modern times... right?