The White Wall: How Big Finance Bankrupts Black America - Emily Flitter
Shared by:cryotag
An explosive and deeply reported look at the systemic racism inside the American financial services industry, from acclaimed New York Times finance reporter Emily Flitter.
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions.
Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo, The White Wall reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders’ claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform.
Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide an assiduously reported, eye-opening look at what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall is an essential examination of one of its most caustic contributors.
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| Creation Date: | Wed, 08 Feb 2023 19:40:29 +0100 |
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| The White Wall How Big Finance Bankrupts A.mp3 263.83 MBs | |
| File Size: | 263.83 MBs |
| Piece Size: | 256 KBs |
| Comment: | Updated by AudioBook Bay |
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This post has 7 comments with rating of 4/5
February 8th, 2023
Jews, Asians and Indians all do better in America than whites do, financially. We’re not holding anybody back and we’re not even in control anymore. I don’t know the cause of Emily’s self-hating sickness but it’s getting tiresome.
If she’s going to mention BlackRock and wall st. she is running the risk of getting on the wrong side of her New York Times bosses.
February 9th, 2023
jsynapses pretty much covered it. Only real question is whether she’s a mindless dupe or a cynical actor.
February 9th, 2023
@entonbray What makes you think jsynapses is female?
February 9th, 2023
Basketball shoes, gold chains and fancy rims on hoopties bankrupt Black America
February 9th, 2023
@Gweilo Your self-hating sickness is even more tiresome than Emily’s. At least she is paid to do it.
February 11th, 2023
@entonbray - Not everyone is about hating. Self or otherwise.
Even if you clearly assume people are.
While positioning yourself as opposed to “self-hating sickness”.
Well… Nice to know where and how you stand too.
I just wished fellas like you and jsynapses there had at least replaced the marbles you lack with some balls - so you could follow your little hearts and say what you really mean, always.
But, I guess it’s another case of “If fishes wore hoses…”
May 19th, 2023
@jsynapses has to be a troll, a child, and/or intellectually challenged. Many rural Americans share this attitude but for different reasons, they’re just ignorant from watching OAN & “News”max. How many sprawling, dilapidated housing projects are full of white people? I had alot more arguments but why bother. Nobody leaving negative comments has read this and never will
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