Group items tagged

In addition to Logan, they include Valerie Jarrett, CEO of real estate management firm The Habitat Co. and now co-head of Obama's transition team; Jim Reynolds, CEO of investment bank Loop Capital Markets; John Rogers, CEO of mutual fund icon Ariel Investments; Quintin Primo III, CEO of commercial real estate development company Capri Capital Partners; and Frank Clark, CEO of electrical utility Commonwealth Edison.

Later, during his second year in the U.S. Senate, Obama called Clark, among others, to discuss whether it made sense for him to mount a bid for the Presidency. Clark, 62, is one of Chicago's elder statesmen and chief of ComEd, a subsidiary of energy giant Exelon (EXC) and the largest electric utility in Illinois, serving nearly 4 million customers in Chicago and Northern Illinois. He didn't mince words: "Your window of opportunity is now," Clark recalls saying. "Go do it."

"Our generation has been limited in terms of how far we can dream," Logan said on Tuesday night just minutes before Obama took the stage. The son of two teachers who worked on Chicago's South Side, Logan majored in accounting and economics at Florida A&M University, a predominantly black college, and later earned an MBA in finance from the University of Chicago. "We've too often been under the impression that we can only serve our own. We've had constraints applied to what we can achieve."

Taylor: Well, I think it says that the country feels a great relief about getting rid of some of its past. I have the feeling that across the nation, people, Black and White, feel a sense of relief, of anticipation, of hope about the future and about the future of the nation. I'm rather inclined to feel that if this had not happened -- and I don't know, nobody knows what will happen -- but if this had not happened, the nation was on -- is on so precipitous a downward plunge economically, ideologically, religiously -- any way you want to put it -- that how the nation would fare in the years ahead is hard to determine and it's hard for one to feel great confidence about what it would be like. And we don't know what President Obama's going to do and what he's going to be, but he has infused into the nation a new sense of hope and promise and fulfillment.

Taylor: Yes. Well, I have a theory -- it's maybe not a sound one -- that every 35, 40, 45 years, the nation passes through a kind of traumatic change

And I think -- and each era seems to spend itself and to start off in a kind of enthusiasm and euphoria and confidence and then is worn down by events and by experience until it becomes cynical and doubtful

In 2007, about 30 percent of the nation’s 622 black state legislators represented predominantly white districts, up from about 16 percent in 2001, according to data collected by the Joint Center for Political and Economic Studies, a research group based in Washington that has kept statistics on black elected officials for nearly 40 years.

“There’s a fair amount of experience out there among white voters now, and that has lessened the fears about black candidates,” said Dr. Hajnal, whose book about white experiences with black mayors, “Changing White Attitudes Toward Black Political Leadership,” was published last year by Cambridge University Press.