Wall Street Established
as an Official Trading
Post of Enslaved Peoples:
Lithograph of Canal Bank, which, with Citizens Bank, accepted approximately 13,000 enslaved people as collateral and “repossessed” roughly 1,250 enslaved human beings.
Moses Taylor, president of National City Bank of New York–now Citibank–and participant in the illegal slave trade.
The New York Stock Exchange emerged from the Buttonwood Agreement. The agreement, signed by 24 wealthy white traders to regulate their exchanges, covered transactions related to the slave trade, from insurance and shipping to cotton.
Nearly 10 million homeowners lost their homes to foreclosure sales in the U.S. between 2006 and 2014.