Word: lynching
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People still come to this spot at the end of Lock Three Road, in the swamps along the Louisiana-Mississippi border, where Cynthia Lynch's bloodied body was found beneath shrubs. Her death was an unlikely culmination to a weekend-long Ku Klux Klan initiation ceremony, coming just days after Barack Obama's victory. She had applied to join online and traveled hundred of miles to attend the ceremony. Her death has left this region shocked, fearful of resurgent white supremacist groups, and dreading becoming a symbol of racial hatred in America...
...story begins early last fall, when Lynch, 43, scoured the Internet. Lean and almost six foot tall, with hair cut nearly to her skull, Lynch lived alone in Tulsa, Oklahoma, sustained by Social Security benefits granted early due to a mental illness. She landed on the website of the Sons of Dixie, a group that had been founded by Raymond "Chuck" Foster. (See pictures of the Civil Rights movement from Emmett Till to Barack Obama...
...Klan. It launched chapters in Florida, Georgia and Ohio. Then, in 2005, it disbanded. His next act was the Sons of Dixie, and he drew a cast of mostly twentysomething disciples, including his 20-year-old son, Shane Foster. They set up a website to attract new recruits like Lynch, who could return to their hometowns and grow the operations...
...Lynch took a bus down from Tulsa to Slidell, Louisiana, in St. Tammany Parish. She apparently told relatives she was going to join a church. According to Sons of Dixie papers seized by Louisiana law enforcement authorities, Lynch was assessed on categories such as "Honesty," "Klannish Practices" and "Ambishous." Lynch's criminal record was so appealing to Foster, authorities say, that he waived the Sons of Dixie's $25 application fee. (In 2005, she had pleaded guilty to charges of possession of a controlled drug - methamphetamine - that police found on her living room coffee table. Friends say Lynch never married...
...partners couldn't cash in until they'd been on the job for decades. This amounted to an implicit clawback system, with the other partners doing the clawing. The partnership model began to break down in 1970, when upstart Donaldson, Lufkin & Jenrette sold shares to the public. Merrill Lynch followed a year later, and in 1999 Goldman Sachs was the last big firm to go public. Perhaps that was all a mistake. "It's a radically regressive idea, but I honestly think Lehman Brothers would have been better off as a partnership," says Christopher McKenna, a reader in business history...