Racism reparations haven't disappeared, they've gone local [Los Angeles Times (CA)]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Los Angeles Times
It feels long, long ago that America pledged to atone for the evils of slavery and racism and laid the groundwork for payments to the descendants of Black slaves. With the second coming of President Trump and his followers, the reparation movement has hit a brick wall nationally. Polls showed that, even in liberal California, such payments didn't muster majority support. But the push for restorative justice payments has not died. It remains alive in some cities, including, most recently, Santa Monica, where the City Council agreed late last month to pay $350,000 to the family of a Black entrepreneur denied the opportunity to pursue his plan to open an exclusively Black hotel and beach club on Ocean Avenue near Pico Boulevard. The Ebony Beach Club had been slated to open in 1958 in a building leased by Silas White, until the city seized the land, ostensibly to build the Santa Monica Civic Auditorium. Though White had made only one monthly payment on the property, he had an agreeme
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