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Frank Lucas: Business Professor? |
Recently I had the opportunity to watch a movie starring
Denzel Washington by the name of American Gangster. While the name suggests that this movie would
glorify shooting and killing and all the other staples of American media, this
movie encompassed so much more. Perhaps
it was the different perspective that this movie took on because it highlighted
the main character as essentially a CEO of a very successful distribution
company during an era in American history when blacks controlled very
little.
The movie centers around Frank Lucas who started out as a
henchman for a highly-influencial gangster in Harlem who
recently dies. What Frank realizes very
quickly though is that in order to be profitable in a world controlled by other
groups, he must own the distribution channels.
A part of me feels guilty for even liking the character. I mean after all he's a heroine dealer who
has no problems with killing people who get in the way of profit. I suppose that the trait that I most admire
in Frank is his ability to focus on the goals at hand.
Last update: 09-11-2007 20:57
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Give Yourself Some Credit |
 Slow and Steady
I am sure that many of us, as we have attempted to purchase
assets and things not so asset-like, have had to fill out that little form
affectionately known as a credit application. Many times, they are shoved under our noses as we just about to check
out of a department store. Often we are
told, just as we decide on a living room suite, that we are entitled to
purchase it with, “No Interest! No Payments ‘Till March 2010!” The truth of the matter is, we should have
all been schooled in the area of credit and how it works before we ever filled
out that first application.
It’s a good idea to start building your credit slowly but
surely. Building credit is like letting
a pot of gumbo slow-cook over a fire.
The taste will be long-lasting and you’ll appreciate it for a long time.
If you are looking to establish credit for the first time or even looking to
rebuild your credit, you could begin by visiting your local credit union or
bank and telling them that you would like to establish credit by taking out an
unsecured loan for a relatively small amount.
Last update: 14-11-2007 14:33
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3 Financial Lessons We Can Learn From the Jena Six |
 I have been watching with great interest, the case of the Jena Six. For those of you who may not be aware of this high-profile case, it involves six young Black men in a central Louisiana town called, Jena. This town of 4,000 residents has been the hotbed of controversy, demonstrations, and media from all over the world. The issues began when a young Black man decided to sit under a tree on the school property, a privilege that up until that time, had been only reserved for white students. Soon after he did this ‘unthinkable’ act, a group of white students did an unthinkable act of their own, and hung a noose from the tree to send a message to the black students of Jena, “You don’t belong here. Remember you place”. This culminated in a fight where the 6 young black men are being charged with attempted murder and other charges in the beating of a white student and supposedly giving him a concussion (he later attended a party that evening). There have not only been inflammatory statements by other white students but by the District Attorney in that area. He was quoted telling a group of protesting Black students, “I could end your life with the stroke of a pen.” Since then fights have broken out and tensions have flared bringing this small town into the spotlight for many weeks.
Last update: 11-10-2007 11:28
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