I don't want a pot of money that will appease people for a couple of months or a couple of years. And I don't think it's surprising to bankers or the community or elected officials either. It's just that it's been empirically validated. I feel that the banks really do owe not only affirmative action in regard to this but an apology to the city as a whole for what has gone on, whether they've known about it or not. And I think they owe us an apology for some of the characterizations they've made of the black community.
Economic withdrawal makes sense.
Several Southside residents and business executives attended the city meeting to say they had been turned down for loans because of redlining. Go to the next article or back to the Color of Money index or Fair Lending or Power Reporting Reprinted with permission from The Atlanta Journal and The Atlanta Constitution. Further reproduction, retransmission or distribution of these materials without the prior written consent of The Atlanta Journal and The Atlanta Constitution, and any copyright holder identified in the material's copyright notice, is prohibited.