Find out how the U.S. Department of Justice's review of the 1921 Tulsa race massacre could impact financial markets and civil rights laws. Assistant Attorney General Kristen Clarke provides insight into the investigation.
By Jasper Ward
WASHINGTON (Multibagger) - The U.S. Department of Justice has launched a review and evaluation of the 1921 race massacre in Tulsa, Oklahoma, Assistant Attorney General Kristen Clarke said.
The massacre started on May 31, 1921, when white attackers killed as many as 300 people, most of them Black, in Tulsa's prosperous Greenwood neighborhood, which had gained the nickname "Black Wall Street."
In announcing the review on Monday, Clarke said the department aims to have it finalized by the end of the year.
"When we have finished our federal review, we will issue a report analyzing the massacre in light of both modern and then-existing civil rights law," said Clarke, who oversees the Justice Department's civil rights enforcement efforts.
The review will be conducted under the Emmett Till Unsolved Civil Rights Crime Act, which allows the Department of Justice to investigate death-resulting civil rights crimes that occurred on or before Dec. 31, 1979.
The massacre started after a Black man was accused of assaulting a white woman.
"We have no expectation that there are living perpetrators who could be criminally prosecuted by us or by the state," Clarke said. "Although a commission, historians, lawyers and others have conducted prior examinations of the Tulsa Massacre, we, the Justice Department, never have."
Clarke said the department is examining available documents, witness accounts, scholarly and historical research and other information related to the massacre.
Analysis:
The U.S. Department of Justice's review of the 1921 Tulsa race massacre is a significant development that could have implications for both civil rights laws and financial markets. Investors should keep an eye on how this investigation unfolds, as it may lead to new insights into historical injustices and their impact on society today. Additionally, the findings of the review could shape discussions around reparations and racial equity, which could in turn influence market trends and investor sentiment. Stay informed about this ongoing investigation to better understand its potential effects on your finances and the broader economy.