Ken Livingstone apologizes for London's role in the so-called 'slave trade'

On 24 August 2007, the mayor of London, Ken Livingstone, issues a formal apology for London's role in the so-called 'slave trade'.Livingstone reportedly breaks down in tears during the apology, noting that 'You can look across there to see the institutions that still have the benefit of the wealth they created out of slavery' in reference to London's financial district.