This Day in History: 0000-08-10
August 10, 1988- “Reparations for Japanese American Internees” “U.S. House of Representatives Resolution 442 was signed into law by President Ronald Reagan, which provided for a payment of $20,000 to each surviving Japanese American who was interned at American camps during the Second World War. It also provided for a $1.25 billion education fund, among other provisions. It sought to address the injuries caused to Japanese Americans by the internment of those citizens during the Second World War. Approximately 110,000 Japanese Americans had to liquidate their assets on three days’ notice and relocate to remote prison camps.”
May 15, 2003 - "Mexican-American Becomes First Owner of a Major Sport Team" Arturo "Arte" Moreno purchased the Anaheim Angels, becoming the first Mexican-American to own a major sports team. Moreno purchased the team from the team from the Walt Disney Corporation. He made the
majority of the wealth he used to buy the Angels by growing the billboard company Outdoor Systems and then
selling it to Infinity Broadcasting for $8 billion. Prior to purchasing the Angels, Moreno purchased the Salt Lake Trappers minor league baseball team with a team of 17 other investors.