Word: alabama
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...Virginia to recognize the marriage between a white man and a black woman, Richard and Mildred Loving, the resistance to mixed nuptials in the South seemed to stay as firm as the reverence some there still have for the Confederate flag. It was only three years ago that Alabama became the last state to drop its (unenforceable) ban on mixed marriage, and it did so with just a 60%-to-40% vote by residents to make the change...
...fact of life in the region since African slaves first arrived in the U.S.--and white slave owners like Thomas Jefferson began sneaking into the slave quarters at night. But what used to be branded clandestine lust has finally evolved into sanctioned love: black-white interracial marriages in Alabama have more than tripled, from 297 in 1990 to 1,000 in 2000, or about 2.5% of the married couples in the state. An additional 1% of Alabama marriages are unions also involving Asians, Latinos and Native Americans. "It's out of the bigots' hands," says Darryl Clark, a black mechanic...
...that mixed marriage in the South is being accepted at all social levels--and working-class couples like the one played by Billy Bob Thornton and Halle Berry in the 2001 movie Monster's Ball have become more common. "That's the most potent development," says University of Alabama family-studies professor Nick Stinnett, "because it means a far wider portion of society now has a personal stake in doing away with the racial barriers that still exist here...
...since taking over RSA in the early 1970s, when it was worth $500 million, Bronner, a finance Ph.D., has overseen its growth into a $22.4 billion concern. Under Bronner, RSA has ventured boldly into direct investments intended not only to fund state workers' pensions but also to boost Alabama's lagging economy and image. "I don't want to be a pension-fund manager who doesn't given a s___ about the state he lives in," Bronner says with characteristic bluntness...
...through bankruptcy reorganization, has pension-fund experts wondering about the risks of Bronner's approach. The deal makes RSA the carrier's largest equity investor (RSA already held $340 million in US Airways debt and owned nine of the airline's jets.) RSA's stake should create jobs in Alabama, where the carrier is expected to build new regional facilities. But whether that sort of spending will benefit the airline and its shareholders--including RSA--is another question...