Capture lane

Financial Extraction

The Financial Extraction capture lane traces 10 verified events documenting this mechanism of institutional capture.

10 events From Jun 13, 1933 To Oct 28, 2016 Open in filter view →
Activity over time Events per year
1933 · 1 event1948 · 1 event1973 · 2 events1982 · 1 event2002 · 1 event2009 · 1 event2010 · 1 event2011 · 1 event2016 · 1 event19332016
DateEventLanesStatus
2016-10-28ProPublica Exposes Facebook's Algorithmic Redlining: Digital Ad Platform Enables Housing Discrimination at Scale
Facebook · ProPublica · HUD · National Fair Housing Alliance
 confirmed
2011-03-01Prison Labor at $0.12-$0.40/Hour Documented: The Thirteenth Amendment's Slavery Exception in Industrial Operation
ACLU · Federal Prison Industries (UNICOR) · CoreCivic · GEO Group
 confirmed
2010-01-01Foreclosure Crisis Extracts $200 Billion in Black Household Wealth: Largest Destruction of Black Assets in American History
Wells Fargo · Countrywide Financial · Bank of America · JPMorgan Chase
 confirmed
2009-06-08Wells Fargo Loan Officers Reveal "Ghetto Loans" and "Mud People" Targeting: Racial Predation in Subprime Lending Documented
Wells Fargo · NAACP · City of Baltimore
 confirmed
2002-04-01United States Incarceration Reaches 2 Million: Highest Imprisonment Rate in World History
Bureau of Justice Statistics
 confirmed
1982-10-14Reagan Declares Intensified War on Drugs: Federal Drug Enforcement Budget Skyrockets as Incarceration Becomes National Policy
Ronald Reagan · Nancy Reagan · Edwin Meese · DEA
 confirmed
1973-09-11CIA-Backed Coup Overthrows Salvador Allende in Chile: Corporate and Intelligence Interests Align to Destroy Democracy
CIA · Richard Nixon · Henry Kissinger · Salvador Allende · +3
 confirmed
1973-05-08New York Passes Rockefeller Drug Laws: Mandatory Minimum Sentencing Template for Mass Incarceration
Nelson Rockefeller · New York State Legislature
 confirmed
1948-06-17Robert Moses Begins Cross-Bronx Expressway: Deliberate Destruction of Stable Communities to Build Car Infrastructure
Robert Moses · New York City
 confirmed
1933-06-13Home Owners' Loan Corporation Creates "Residential Security" Maps: The Federal Government Invents Redlining
Home Owners' Loan Corporation · Federal Home Loan Bank Board · Franklin D. Roosevelt
 confirmed