It is currently Tue Sep 07, 2010 2:11 pm

All times are UTC [ DST ]




Post new topic Reply to topic  [ 3 posts ] 
Author Message
 Post subject: I have a question
PostPosted: Fri Mar 06, 2009 1:19 pm 
Offline
User avatar

Joined: Fri Mar 06, 2009 1:04 pm
Posts: 1
Greetings. My question: Is there a single black banker? Just one? I've not seen any on TV but that doesn't mean there isn't one. Or two. They could be shy, or tucked in a back office, or made to hide when the cameras arrive. I'm not into making some big race point, just interested, and thought someone here might know.

Good site. 8-)

Rasta.


Top
 Profile  
 
 Post subject: Re: I have a question
PostPosted: Fri Mar 06, 2009 9:07 pm 
Offline
Site Admin
User avatar

Joined: Tue Feb 17, 2009 11:28 am
Posts: 30
The only black banker I can think of is Stanley O'Neal, whose father was a cotton farmer and then a line worker at General Motors:
Quote:
On December 2, 2002, Stanley O'Neal became chief executive officer (CEO) of Merrill Lynch & Company, Inc. He is the first African American to head a major Wall Street brokerage firm... Fortune magazine named him the most powerful African-American executive...

The grandson of a former slave, Earnest Stanley O'Neal, born in 1951, was the oldest of four siblings, three boys and a girl. The O'Neal family lived in Wedowee, Alabama, a town of less than 1000 people, 85 miles from Birmingham. However, Stanley was born in Roanoke, Alabama, since hospitals nearer to his home did not admit African Americans. He grew up surrounded by a large, close-knit, extended family, in a home that had neither an automobile nor indoor plumbing. His father was a farmer and his mother cleaned houses to help support the family. O'Neal attended a one-room school that was heated with a wood stove. He and his siblings worked the corn and cotton fields of his grandfather's subsistence farm and O'Neal delivered and sold newspapers.

Source


Image

Rasta wrote:
I'm not into making some big race point, just interested, and thought someone here might know.


Please feel free to make whatever point you want. The profession strikes me as predominantly a nasty little white enclave, deserving of a damn good dose of criticism on race grounds. A warm welcome to the site.


Top
 Profile  
 
 Post subject: Re: I have a question
PostPosted: Sat Mar 07, 2009 12:38 am 
Offline
User avatar

Joined: Thu Feb 26, 2009 11:01 am
Posts: 9
Vikram Pandit, born into a wealthy Indian family. His father was was an executive director of Sarabhai Chemicals in Baroda.

Image

Citigroup chief executive, received about $165.2 million in connection with the sale of Old Lane Partners, the investment firm that Citigroup bought in 2007 to lure him to the company. Pandit received an additional $2.7 million in annual pay in the roughly six months he led Citigroup's investment bank. In January 2008 Pandit was given a sign-on grant of stock and performance-based options worth more than $48 million, bringing the total to at least $216 million. (International Herald Tribune, 14/3/08)

But you just have to stand on a street corner in the City of London at rush hour to see few black banker faces. Lots of black secretaries and janitors. Is it different in New York? The Yanks have had less trouble than the British in creating a black middle class.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 3 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group