Description: Christy George reports that poor Boston neighborhoods lack access to banking services. Banking leaders met with community leaders today to announce an agreement that will provide better banking services to poor neighborhoods. George reviews the details of the agreement, which will provide bank branches, loans, and increased investment to poor neighborhoods. At the meeting Richard Pollard (Massachusetts Bankers Association) says that redlining did not take place in the 1980s. Charles Stith (Organization for a New Equality), Bruce Bolling (Boston City Council), Willie Jones (Community Investment Coalition), John Hamill (Shawmut Bank),Ronald Homer (Boston Bank of Commerce), and Michael Dukakis all speak out in favor of the proposal. This edition of the Ten O'Clock News also included the following items: Julian Bond at Harvard University and Christopher Lydon interviews Sarah Small
1:00:06: Visual: Aerial shot of Somerville. Shot of residents walking on a street in Roxbury. Shots of street signs for Blue Hill Avenue and Dudley Street; of a Western Union office in Roxbury; of signs in the window of the Western Union office. Shot of a man walking into the Western Union office. Christy George reports that poor communities lack access to banking services. George reports that Boston banks have few branches in poor communities. V: Footage of Michael Dukakis (Governor of Massachusetts) at a gathering of Massachusetts bankers. Dukakis shakes hands with meeting attendees. George reports that Dukakis outlawed the practice of redlining in the 1970s; that bankers and business leaders were upset about the law. George says that poor communities still lack banking services in spite of the law. George reports that Dukakis has supported a program to get banks to give better service to poor communities. V: Footage of Dukakis standing with banking leaders and community leaders at the meeting. Footage of Richard Pollard (Massachusetts Bankers Association) saying that he will not admit that redlining has been taking place in the 1980s; that redlining is illegal. Shots of banking leaders and community leaders socializing. George says that banking leaders met with community leaders today. George reports that banking leaders have agreed to open 10 to 15 new branches of downtown banks in poor neighborhoods over the next five years; that banking leaders have agreed to open 20 to 35 new ATM machines in poor communities. George reports that banking leaders have agreed to restructure mortgage programs; that the new program will grant mortgages to families earning as little as $27,000 per year. George reports that the banks will participate in a $100 million affordable housing pool to finance renovation and construction of affordable housing. George reports that bank leaders will support a $10 million corporation which will direct investments to minority-owned businesses. V: On-screen text details the specifics of the agreement between bank leaders and community leaders. Footage of Charles Stith (Organization for a New Equality) at the meeting. Stith encourages the leaders to join hands and raise them in the air. The leaders raise their hands and say "Amen." Stith stands next to Bruce Bolling (Boston City Council). Shots of Dukakis and other leaders. Shots of the media; of Stith. George reports that the leaders need to decide how to monitor progress; that both sides were optimistic about the plan. V: Footage of Stith speaking at the meeting. Stith says that it has taken a long time to reach an agreement. Footage of Bolling speaking at the meeting. Bolling says that the agreement is like "a Catholic marriage"; that there is no divorce. Footage of John Hamill (Shawmut Bank) speaking at the meeting. Hamill says that the agreement is not like a new marriage; that the agreement is "a renewal of vows." Footage of Ronald Homer (Boston Bank of Commerce) speaking at the meeting. Homer says that "the only way to say 'I love you' in business is with money. Footage of Dukakis saying that the agreement is "fantastic." George says that the agreement was reached when communication between the two sides improved. V: Footage of Pollard speaking at the meeting. Pollard says that the community used to have the feeling that the banks had unlimited funds with which to provide mortgages. Pollard says that the banks needed to explain their business model to the community. Footage of Willie Jones (Community Investment Coalition) speaking at the meeting. Jones says that the banks have realized that poor communities are looking for basic services instead of "bells and whistles." George stands in a residential neighborhood. George reports that banking rules have made it difficult for poor people to qualify for loans and mortgages. George reports that banks have restructured their rules to allow access for poor people. George notes that the banks will make money in poor communities; that they will not make as much money as in wealthy communities.
Collection: Ten O'Clock News
Date Created: 01/15/1990
Description: Marcus Jones profiles Julian Bond. Jones notes that Bond was a lecturer at Harvard University last fall. Jones interviews Bond about his role in the Eyes on the Prize series and his involvement in the civil rights movement. Bond talks about his beginnings in the civil rights movement and about the 1968 Democratic Convention. Jones notes that Bond was nominated for vice president during that convention. Jones' report includes footage from the 1968 Democratic Convention and footage from Eyes on the Prize. Jones interviews Harvard students Carlos Watson and Natosha Reid about the class they took with Bond at Harvard. Jones' report also features footage of Bond in class with his students. This tape includes additional b-roll footage of Bond in class with his students. This edition of the Ten O'Clock News also included the following items: Banks agree to improve access to banking services in low-income neighborhoods Banks improve services to low-income neighborhoods Christopher Lydon interviews Sarah Small Sarah Small
1:00:06: Visual: Footage from the opening credits of Eyes on the Prize II. Footage of Julian Bond (narrator, Eyes on the Prize) talking about the success of the Eyes on the Prize series. Bond says that the first series had a tremendous impact on the viewing public. Bond says that the second series will also have an impact; that he is proud to be associated with the series. Black and white footage from Eyes on the Prize, with narration by Bond. Marcus Jones reports that Bond is the narrator for the six episodes in the first series; that Bond will be the narrator for the eight episodes in the second series. Jones notes that Bond is proud of his social activism. V: Footage of Bond being interviewed by Jones. Bond talks about the accomplishments of the civil rights movement. Footage from Eyes on the Prize with narration by Bond. Jones reports that Bond was a senior at Morehouse College in Atlanta in 1959; that Bond joined the student sit-in movement. V: Footage of Bond being interviewed by Jones. Bond talks about how he became involved in the sit-in movement. Bond says that he has been involved in the civil rights struggle ever since. Black and white footage from Eyes on the Prize of the 1964 Democratic Convention. Jones reports that an African American delegation from Mississippi demanded to be seated in the place of an all-white delegation at the 1964 Democratic Convention. Jones notes that the effort failed; that Bond and other activists challenged the rules of representation at the 1968 Democratic Convention; that Bond was named as a nominee for vice president. V: Color footage from the 1968 Democratic Convention. Footage of Bond being interviewed by Jones. Bond talks about being nominated for vice president at the 1968 Democratic Convention. Bond says that he was nominated in an attempt to seize control of the microphones; that he was only twenty-eight years old. Bond says that the attempt failed; that the reformers were not allowed enough input on the convention floor. Jones reports that Bond lectured on southern politics at Harvard University last fall. V: Shots of Bond with his students at Harvard. Footage of Natosha Reid (freshman, Harvard University) saying that Bond's class has given her perspective on African Americans in politics. Footage of Carlos Watson (junior, Harvard University) saying that Bond's class was one of the best classes of the semester. Shot of Bond in class with his students. Jones reports that Bond intends to do more teaching and television work in the future. V: Footage of Bond being interviewed by Jones. Bond says that great leaders and fiery orators are important. Bond says that ordinary people need to be the leaders of the civil rights movement; that ordinary people can accomplish extraordinary things without depending on a leader.
Collection: Ten O'Clock News
Date Created: 01/15/1990
Description: Christopher Lydon interviews Sarah Small, who runs the Protestant Ministry at the University of Massachusetts Boston campus. Lydon and Small pray together before the interview. Small talks about her admiration for Martin Luther King, Jr. and her involvement in the civil rights movement. She says that she learned a lot about herself after spending time in jail for participation in the civil rights movement. Small talks about her commitment to helping those in need. She comments on the status of African Americans in US society. This edition of the Ten O'Clock News also included the following items: Banks agree to improve access to banking services in low-income neighborhoods and Julian Bond at Harvard University
1:00:10: Visual: Footage of Sarah Small (United Campus Ministries) being interviewed by Christopher Lydon at Packard Manse in Roxbury. Lydon reports that Small runs the Protestant Ministry at the University of Massachusetts Boston campus. Lydon says that Small grew up in rural North Carolina; that Small is a devout Christian. Lydon reports that their interview began with a prayer. V: Footage of Small and Lydon praying together as they hold hands. Footage of Small saying that she has always had great faith in God. Small says that she has always seen great leaders as humans. Small tells a story about how she refused to stand up for Lyndon Johnson (former US President), saying that she only stands up for Jesus. Small talks about how much she loved and admired Martin Luther King, Jr. (civil rights leader). Small says that King was a leader who was led by the holy spirit. Small says that King knew he had a limited time to accomplish his goals. Lydon reports that Small found her political and spiritual direction when she was in jail in the 1960s. V: Footage of Smalls being interviewed by Lydon. Small says that she ended up in jail a lot; that jail became a restful haven for her. Small says that she is thankful for having gone to jail. Small says that she overcame many fears through going to jail and through her participation in the civil rights movement. Small says that she realized that she is free to do what she wants and to not do what she does not want. Lydon reports that Small often played music for the crowds before King's speeches. Lydon notes that Small's front door at the Packard Manse is always open. V: Shots of Small playing the piano and singing; of three children clapping along with the music. Footage of Small talking about helping the less fortunate. Small says that she feeds and shelters those in need. Small says that she is not afraid to keep her door open, despite the violence on the streets. Small says that she does not own anything that she would not give away to someone else. Lydon reports that Small believes that people need to realize the complexity of real equality. V: Footage of Small being interviewed by Lydon. Small says that African American children learn things twice. Small says that African American culture is different from white culture; that African American children need to learn both cultures. Small says that African American children are not given credit for learning both cultures. Small says that one group of people should not be able to determine cultural standards. Small compares American culture to a vegetable soup. Small says that African Americans are the untapped resource of the US.
Collection: Ten O'Clock News
Date Created: 01/15/1990