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---Coretta Scott King and Rev. Bernice
King to address over 500 diversity practitioners---Linkage,
Inc. will deliver its fourth annual Summit on Leading
Diversity with the mission of increasing the effectiveness
and impact of diversity initiatives within our organizations
using a top - down / bottom-up approach. Coretta Scott
King and Rev. Bernice King will kick-off the event with
a very unique and moving presentation that looks at
the evolution of the diversity movement from both a
historical and forward thinking perspective. The comprehensive,
four-day summit will be held March 24-27, 2003 in Atlanta,
GA. -The Summit on Leading Diversity plays a vital role
in the effort to create inclusive work environments
that more closely mirror the demographic make-up of
this country through a combination of practical workshops,
"how-to" case studies, unparalleled networking
opportunities, leading research, and inspirational keynote
address. This event also features: Susan Taylor, Essence
Magazine, Mark Williams, the Diversity Channel, Maria
Hinojosa, CNN correspondent, Dr. Roosevelt Thomas, author,
Building a House for Diversity and Redefining Diversity,
Dr. Edward Hubbard, author, Measuring Diversity Results
and How to Calculate Diversity Return-on-Investment.
Case studies from companies such as Fannie Mae, the
FBI, Merrill Lynch, Raytheon, NASA and Shell Oil, will
also be presented. For more information, contact Robin
Pedrelli Phone: (781) 402-5469 or send email to: rpedrelli@linkage-inc.com.
---OneUnited Bank becomes nation's
largest Black-owned bank---
OneUnited Bank announced the closing of its merger with
Family Savings Bank, a leading Los Angeles-based minority
controlled financial institution, creating the largest
Black-owned bank in the country. This historic merger
was approved by the FDIC, the Commissioner of Banks
of the Commonwealth of Massachusetts, the Office of
Thrift Supervision, the State of California and the
U.S. Department of Justice. The newly combined entity
which comprises Boston Bank of Commerce, Peoples Bank
of Commerce in Miami, Founders Bank of Commerce in Los
Angeles with Family Savings Bank, reached $500 million
in assets under its new name, OneUnited Bank. With added
resources, OneUnited Bank has expanded its leadership
in serving urban communities by launching the OneUnited
Bank Membership Program, an innovative new deposit offering
providing customers expanded access to affordable banking.
With the addition of Family Savings Bank, OneUnited
Bank has expanded its Los Angeles branch network and
increased its lending capabilities. Family Savings Bank
brings a powerful lending engine that had recently exceeded
its capital capacity resulting in a loan to deposit
ratio last year of over 100 percent. Family's loan products
and services coupled with OneUnited Bank's higher lending
limit will enable the combined entity to expand its
community lending in Los Angeles, Boston and Miami.
By combining four banks over the past four years, OneUnited
Bank has achieved the critical size and scale necessary
to expand access to financial services to urban communities.
For more information contact: Marie McGehee, 617/558-6850
or send email to: mmcgehee@causemedia.com
.
--White House Wrong on Affirmative
Action---
Congressman Chaka Fattah (D-PA) criticized the Bush
Administration for its repeated failure to address policies
that perpetuate continued practices of ethnic and racial
discrimination. Recently, three different patterns of
racial policies have been exposed. Two reports, one
in Massachusetts and one in Los Angeles, highlight the
illegal, unethical and discriminatory process of racial
profiling; a University of Chicago Graduate School of
Business and MIT study proved job discrimination on
account of race. "To simply pretend discrimination
no longer exists is to ignore the growing mountain of
evidence that clearly demonstrates discriminatory practices
continue unabated," said Congressman Fattah. "Our
failure to adequately address ongoing discrimination
is an affront to the very core of our deeply held principles
of fairness and equality embodied in the Constitution."
According to a study released by professors at the University
of Chicago Graduate School of Business and the Massachusetts
Institute of Technology, resumes with white-sounding
first names received 50 percent more responses than
ones with black-sounding names. This study involved
5,000 resumes sent to want ads in Boston and Chicago.
---President Bush on University of
Michigan Policy on Affirmative Action--
Rev. Wendell Anthony, president of the Detroit Branch
NAACP said, "Today, the President of the United
States, the 'so-called' leader of freedom and democracy
in the free world, took a gigantic step backward to
the year of 1896 and "Plessy v. Ferguson."
The outrageous notion that the University of Michigan
Affirmative Action Policy adds to discrimination is
absurd, unfounded and unworthy of the President of the
United States. It is about time that the Republican
party and conservative Democrats who think alike, must
speak with one clear voice that America is a land of
diversity. It is important that we understand very clearly
that while former senate Majority Leader Trent Lott
said what he thought, the President's policies reflects
what he thinks. This is totally reflective of forked-tongue
politics, i.e., speaking out of both sides of the mouth
on a single issue."
---Chicago Urban League, Responds
to President Bush's Opposition---
"On the heels of the pro-segregationist sentiments
recently expressed by Mississippi Sen. Trent Lott, we
are deeply disappointed in President Bush's characterization
of the admissions policy at the University of Michigan
as 'divisive, unfair and impossible to square with the
Constitution.' Over the past 25 years, affirmative action
programs have repeatedly proven to be an effective and
fair-minded method of ensuring diversity and equality
of opportunity for qualified minorities. Consequently,
any attempts to dismantle the civil rights progress
facilitated by the use of affirmative action programs
must be met with strong and sustained opposition."
---BLACK ENTERPRISE MAGAZINE to take
Vail by storm----
BLACK ENTERPRISE magazine, along with title sponsor
AXA Advisors, will turn Colorado's Vail Cascade Resort
& Spa into an exhilarating winter paradise as they
proudly host the fifth annual Black Enterprise/AXA Advisors
Ski Challenge held over the Presidents' Day weekend,
February 12-17, 2003. This winter's premier event for
business networking, the Ski Challenge attracts more
than 700 of the country's leading African American entrepreneurs
and business professionals. Headlining the weekend's
entertainment lineup is J Records recording artist and
neo-soul diva, Angie Stone. Vail's breathtaking backdrop
will set the stage for five days of networking, skiing,
snowboarding, spa indulgence, snowshoe tours, après
ski cocktail receptions, as well as dazzling evening
entertainment. Event highlights also include financial
seminars hosted by title sponsor AXA Advisors, motivational
and wellness seminars, yoga and pilates classes, a mountaintop
picnic, and an off-site shopping excursion. For more
information, send email to Donna Dick at dickd@blackenterprise.com.
---Loving Donovan---
In LOVING DONOVAN: A Novel in Three Stories (Dutton,
On-Sale: January 27, 2003, $23.95), Bernice L. McFadden,
bestselling author of three award-winning novels, shares
what may well be the longest love letter she's ever
written. A powerful novel of love, destiny, and the
role fate plays in our lives, LOVING DONOVAN unfurls
in three parts: Her, Him, and Them. LOVING DONOVAN traces
the lives of two damaged but resolute people destined
for an ill-fated love affair. The first section of this
unconventional love story belongs to Campbell. Despite
being born to a brokenhearted mother and a faithless
father, Campbell still believes in the power of love
if
she can ever find it. For more information, contact
BJaneway@penguinputnam.com.
---Sodexho Foundation provides $150,000
grant to The United Negro College Fund---William
H. Gray, III, president and chief executive officer
of the United Negro College Fund (UNCF) Inc., announced
that the Sodexho Foundation, the charitable arm of the
nation's leading provider of food and facilities management
services, has donated $150,000 to fund UNCF scholarships
for college students in need of financial assistance
---Send your news, events and press releases to editors@unityfirst.com!
---
For more information on African American Newswire, a
national press release distribution service targeting
the diverse press or UnityFirst.com, call 413-734-6444
or send email to editors@unityfirst.com.
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