Friday, June 03, 2005

Wachovia apologies for historical ties to slavery - 2005-06-01

This is a full-blown apology for slavery from Wachovia. (Philadelphia and other cities have laws that companies must disclose ties to slavery.) Hey, give them credit for following the law. How many other big companies do that? And they also sponsor a great bike race.

Wachovia apologies for historical ties to slavery - 2005-06-01: "'On behalf of Wachovia Corp., I apologize to all Americans, and especially to African-Americans and people of African descent,' said Ken Thompson, Wachovia chairman and CEO. 'We are deeply saddened by these findings.'

'We know that we cannot change the past, and we can't make up for the wrongs of slavery,' Thompson said. 'But we can learn from our past, and begin a stronger dialogue about slavery and the experience of African-Americans in our country. Today Wachovia is a company that is committed to respecting individuals and building an inclusive work environment. We want to promote a better understanding of the African-American experience, including the unique struggles, triumphs and contributions of African-Americans, and their important role in America's past and present. This is a natural fit with our company's strong focus on diversity, education and communities.'"


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