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Lehman Brothers Admits Past Ties to Slavery

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Lehman Brothers Admits Past Ties to Slavery

Business

Lehman Brothers Admits Past Ties to Slavery

Lehman Brothers Admits Past Ties to Slavery

  • Download
  • <iframe src="https://www.npr.org/player/embed/1543861/1543862" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Global investment firm Lehman Brothers files an affidavit confirming that, in the 1850s, it profited from the slave trade. The company made the admission so it could continue to do business with the city of Chicago. The revelation provides evidence for slave descendants suing corporations for compensation. Hear NPR's Cheryl Corley.