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"Suicide Slum" is a notorious slum in the fictional city of Metropolis.
It has been at various times the stomping ground of several superheroes, including the Newsboy Legion (in whose stories it first appeared) and Black Lightning. It was based on the New York City neighbourhood in which Jack Kirby grew up.
Suicide Slum is also the site of The Ace O' Clubs, a bar owned by Superman supporting character Bibbo Bibbowski.
In the comics the district's real name is Hobb's Bay. It was occasionally referred to by this name in Lois and Clark: The New Adventures of Superman.
When Brainiac-13 turned Metropolis into a "city of tomorrow", Suicide Slum became the site of vast engines and uncontrolled conduits. Its harbour area was lost to a huge hydroelectric dam, creating a sheer drop that became a popular suicide point. John Henry Irons helped CAELOSS (Citizen's Army for the Economic Liberation of Suicide Slum) in trying to ensure the residents were not totally disenfranchised by the "new" Metropolis. Like the rest of the city, the Slum has since reverted to its old form.
According to current (Post-Crisis) continuity, Lex Luthor grew up in Suicide Slum; he was able to escape the slum and set up his first company with the insurance payout following his parents' apparently-accidental deaths.
(In Pre-Crisis continuity, Lex grew up in Smallville alongside Clark Kent.)
In the television series Smallville, which also depicts Lex growing up in Smallville, it is his father, Lionel Luthor, who grew up in Suicide Slum and left to form a big corporation named after himself.
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