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the Youtube channel has a lot of historical/geopolitical analyses
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Dan Carlin's Hardcore History podcast
the Youtube channel has a lot of historical/geopolitical analyses
The Freedman's Saving and Trust Company, popularly known as the Freedman's Savings Bank, was a private corporation chartered by the U.S. government to encourage and guide the economic development of the newly emancipated African-American communities in the post-Civil War period. Although functioning only between 1865 and 1874, the company achieved notable successes as a leading financial institution of African-Americans. Its failure was devastating to the newly emancipated black community. Its archives are valued as an exhaustive collection of information regarding the African American community and its socio-economic life in the immediate aftermath of emancipation.
A series of increasingly speculative investments brought the bank into debt, and the decision to create a new building in Washington D.C. added to its financial troubles. One example was the Seneca Sandstone Company, owner of the Seneca Quarry, which had taken out unsecured loans from the bank, thanks to Henry D. Cooke. Cooke sat on the boards of both the quarry company and the Freedman's Bank. With the Panic of 1873, the indebted Seneca quarry could not pay its debts back, which in turn helped undermine the Freedman's Bank. General Oliver O. Howard was the Freedman's Bank commissioner. Both institutions went bankrupt, and the bank closed its doors in 1874. Congress investigated and recommended that Henry Cooke and others be indicted, but no one ever was. An 1874 court of inquiry cleared Howard of negligence, but he was transferred to the Northwest by President Ulysses S. Grant.
Over the next decade, Congress established a program to reimburse depositors up to 62% of their savings, but many depositors were never compensated. Scholars have argued that the failure of this bank and the attendant loss of savings led to a fear of savings institutions among segments of the black community.
Yes, of course. It tells a great deal about the 6 emperors mentioned, but the weakness of the documentary I suppose that it only mentions other emperors, some of which were very prominent, briefly. And also not that much about ordinary Roman life. It is also narrated by the great Brian Cox: