Bankers and Empire: How Wall Street Colonized the Caribbean
Colloquium | March 14 | 3:30-5 p.m. | 575 McCone Hall
Peter James Hudson, University of California Los Angeles
From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. The precursors to institutions like Citibank and JPMorgan Chase, as well as a host of long-gone and lesser-known financial entities, sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism-but they also set the model for the awful behavior of contemporary banking institutions. In this talk, Peter James Hudson will draw from his recently published monograph Bankers and Empire: How Wall Street Colonized the Caribbean, to discuss the nefarious history of Wall Street in the Caribbean - especially through the question of the legal geographies of international finance, and of racial capitalism.