
It was during an Amway business convention in Albuquerque some 20 years ago that Ruben Hopkins got his first inkling of what ailed the African-American business community.
“I’d look in one room and see 50 or 60 white Amway distribu tors, talking, sharing ideas, networking,” he remembers. “Then I’d look in another room and only see five or six black people. And I wondered, ‘Why is that?’” These days Hopkins, as president and CEO of the Wisconsin Black Chamber of Commerce, is spreading the gospel of business networking and information shar ing to the 3,000 black-owned businesses in his organization’s database. Only 60 are chamber members.
It’s a long, difficult struggle, but Hopkins, who served 13 years in the U.S. Army, soldiers on. “The African-American community is not as supportive of business as it could be,” Hopkins says. “Black businesses tend to be isolated from one another. There’s a basic lack of trust.”
He says that isolation is why Milwaukee doesn’t have a defined African-American business district that reflects the culture. “We have an Hispanic district in Walker’s Point, where you can find great restaurants clustered together, but no district comprised of successful black-owned business,” Hopkins says. “That’s part of what we have to change.”
AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.

AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.


