Bank One 'probably' Dealt with Slave Businesses

For the second time in a month, Bank One has filed an amended slavery disclosure affidavit with City Hall (Chicago) -- this time revealing fresh new details of its search for skeletons in the closets of its Louisiana predecessors. Determined to avoid a repeat of the slave disclosure controversy that has embroiled its merger partner, J.P. Morgan Chase, Bank One states in the new affidavit that Citizens Bank, formed in 1833, and Canal and Banking Co., formed in 1831, "did business in Louisiana during this era and probably did business with persons or entities that employed slaves." The affidavit also names a series of Louisiana banks that Bank One believes may have been its predecessors. [more]