Robben Island to Wall Street

56

Chapter 5

+H UHPLQGHG XV KRZ VLQFH DVVXPLQJ SROLWLFDO SRZHU LQ WKH $IULNDQHUV KDG SXOOHG WKHPVHOYHV XS E\ WKHLU RZQ ERRWVWUDSV WR FUHDWH ODUJH EXVLQHVV XQGHUWDNLQJV VXFK DV PLQHV DQG EDQNV ,Q KLV UHVSRQVH WKH 1$)&2& 3UHVLGHQW SXOOHG QR SXQFKHV ,Q KLV XVXDO FDOP VW\OH DQG ZKLOH REVHUYLQJ WKH SURWRFRO RI EHLQJ D KRVW KH QRQHWKHOHVV SXW KLV VKDUSO\ GL൵HULQJ YLHZV DFURVV µ,W LV ZURQJ WR FRPSDUH RXU EUDQG RI RSSUHVVLRQ ZLWK WKDW RI WKH $IULNDQHUV RXUV LV FRPSOHWH DQG UXWKOHVV¶ KH VDLG +H WKHQ UHPLQGHG 'U GX 3OHVVLV WKDW WKH$IULNDQHU GLG QRW KDYH WR EH VXEMHFWHG WR DQ LQIHULRU HGXFDWLRQ V\VWHP ZKLFK SODFHG VHYHUH OLPLWV RQ RXU XQGHUVWDQGLQJ RI VRXQG EXVLQHVV SULQFLSOHV 7KLV LQFLGHQW ZDV D VKDUS UHPLQGHU RI WKH GLYHUJHQFH RI YLHZV RQ WKH GHOD\HG JURZWK RI black business. $ IHZ \HDUV ODWHU , KDG D VLPLODU FRQYHUVDWLRQ ZLWK 0U *DYLQ 5HOO\ ZKR KDG WDNHQ RYHU IURP +DUU\ 2SSHQKHLPHU $V , UHFDOO KH WRR GLVDJUHHG ZLWK P\ VWDQFH LQ SURPRWLQJ WKH H[LVWHQFH RI D VHFWRUDO EDQN EXW UHD൶UPHG WKDW WKH EDQN ZRXOG FRQWLQXH WR HQMR\ WKH WHFKQLFDO DVVLVWDQFH LW GLG IURP)LUVW 1DWLRQDO %DQN µ,W SRODULVHV WKH QDWLRQ *DE\ FDQ¶W \RX VHH WKDW"¶ KH VDLG DV KH SRQGHUHG P\ EHZLOGHUHG IDFH $QJOR ZDV D PDMRU VKDUHKROGHU DQG ZH UHOLHG RQ SHRSOH OLNH *DYLQ WR FRQWLQXH VXSSRUWLQJ WKH EDQN 9HU\ UHFHQWO\ LQ , DVNHG WR PHHW ZLWK /D]DUXV =LP DW KLV H[HFXWLYH VXLWH VWLOO VLWXDWHG DW 0DLQ 6WUHHW -RKDQQHVEXUJ /D]DUXV KDG MXVW EHHQ PDGH WKH ¿UVW EODFN $IULFDQ &KLHI ([HFXWLYH RI WKLV JLDQW PLQLQJ KRXVH ,W ZDV TXLWH DQ H[SHULHQFH IRU PH WR ZDON LQWR WKLV PDUEOH ZDOOHG EXLOGLQJ VRPH WZHQW\ \HDUV ODWHU WR YLVLW ZLWK WKH QHZ WUDQVIRUPHG JHQHUDWLRQ RI LWV OHDGHUVKLS , EULHÀ\ WRXFKHG RQ P\ HDUOLHU YLVLWV WR$QJOR DQG /D] DQG , FRXOG QRW KHOS PDUYHOOLQJ RQ KRZ WKLQJV KDG FKDQJHG µ7KLV LV WKH QHZ 6RXWK $IULFD ¶ KH MRNHG DV KH FRQWLQXHG WR FUDFNOH ZLWK ODXJKWHU , ZDV DOUHDG\ RQ UHFRUG DV UHJXODUO\ FDOOLQJ IRU WKH JDOYDQLVLQJ RI DQ $IULFDQ HFRQRPLF IRUFH IRU EODFN SHRSOH WR VWDQG XS DQG FUHDWH LQVWLWXWLRQV WKDW WKH\ FRXOG JRYHUQ DQG WR FUHDWH D SRWHQW HFRQRPLF IRUFH DPRQJ RXUVHOYHV 6LSKR 1JFRER ZKR ZDV RQH RI WKH FRXQWU\¶V OHDGLQJ EXVLQHVV MRXUQDOLVWV WROG PH RQFH WKDW , SHUSOH[HG KLP E\ VD\LQJ WKDW $IULFDQV VKRXOG GHYLVH VWUDWHJLHV RI WDNLQJ HTXLW\ SRVLWLRQV LQ PLQHV ¿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± HQFRXUDJLQJ WKHP WR SXUFKDVH SDUFHOV RI VKDUHV LQ RXU EDQN 7KHUH ZHUH D QXPEHU RI SURJUHVVLYH FRUSRUDWLRQV WKDW FDPH WR WKH IRUH GXULQJ WKLV SHULRG

Made with FlippingBook - Online catalogs