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The Freedmens Savings Bank
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Book Synopsis Freedmen, Philanthropy, and Fraud by : Carl R. Osthaus
Download or read book Freedmen, Philanthropy, and Fraud written by Carl R. Osthaus and published by Urbana : University of Illinois Press. This book was released on 1976 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: History of Freedman's Savings and Trust Company in Washington, D.C.
Book Synopsis The Freedmen's Savings Bank by : Walter Lynwood Fleming
Download or read book The Freedmen's Savings Bank written by Walter Lynwood Fleming and published by . This book was released on 1927 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: About Freedmen's Savings and Trust Company in Washington, D.C.
Book Synopsis Banking on Freedom by : Shennette Garrett-Scott
Download or read book Banking on Freedom written by Shennette Garrett-Scott and published by Columbia University Press. This book was released on 2019-05-07 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1888 and 1930, African Americans opened more than a hundred banks and thousands of other financial institutions. In Banking on Freedom, Shennette Garrett-Scott explores this rich period of black financial innovation and its transformative impact on U.S. capitalism through the story of the St. Luke Bank in Richmond, Virginia: the first and only bank run by black women. Banking on Freedom offers an unparalleled account of how black women carved out economic, social, and political power in contexts shaped by sexism, white supremacy, and capitalist exploitation. Garrett-Scott chronicles both the bank’s success and the challenges this success wrought, including extralegal violence and aggressive oversight from state actors who saw black economic autonomy as a threat to both democratic capitalism and the social order. The teller cage and boardroom became sites of activism and resistance as the leadership of president Maggie Lena Walker and other women board members kept the bank grounded in meeting the needs of working-class black women. The first book to center black women’s engagement with the elite sectors of banking, finance, and insurance, Banking on Freedom reveals the ways gender, race, and class shaped the meanings of wealth and risk in U.S. capitalism and society.
Book Synopsis The Color of Money by : Mehrsa Baradaran
Download or read book The Color of Money written by Mehrsa Baradaran and published by Harvard University Press. This book was released on 2017-09-14 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives
Book Synopsis Let Us Put Our Money Together by : Tim Todd
Download or read book Let Us Put Our Money Together written by Tim Todd and published by . This book was released on 2019-05-31 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generally, books addressing the early history of African American banks have done so either within the larger construct of African American business history and economic development, or as a starting point to explore current issues related to financial services. Focused considerations of these early institutions and their founders have been relatively rare and somewhat scattered. This publication seeks to address this issue.
Book Synopsis Unfree Markets by : Justene Hill Edwards
Download or read book Unfree Markets written by Justene Hill Edwards and published by Columbia University Press. This book was released on 2021-04-13 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The everyday lives of enslaved people were filled with the backbreaking tasks that their enslavers forced them to complete. But in spare moments, they found time in which to earn money and obtain goods for themselves. Enslaved people led vibrant economic lives, cultivating produce and raising livestock to trade and sell. They exchanged goods with nonslaveholding whites and even sold products to their enslavers. Did these pursuits represent a modicum of freedom in the interstices of slavery, or did they further shackle enslaved people by other means? Justene Hill Edwards illuminates the inner workings of the slaves’ economy and the strategies that enslaved people used to participate in the market. Focusing on South Carolina from the colonial period to the Civil War, she examines how the capitalist development of slavery influenced the economic lives of enslaved people. Hill Edwards demonstrates that as enslavers embraced increasingly capitalist principles, enslaved people slowly lost their economic autonomy. As slaveholders became more profit-oriented in the nineteenth century, they also sought to control enslaved people’s economic behavior and capture the gains. Despite enslaved people’s aptitude for enterprise, their market activities came to be one more part of the violent and exploitative regime that shaped their lives. Drawing on wide-ranging archival research to expand our understanding of racial capitalism, Unfree Markets shows the limits of the connection between economic activity and freedom.
Book Synopsis Make Good the Promises by : Kinshasha Holman Conwill
Download or read book Make Good the Promises written by Kinshasha Holman Conwill and published by HarperCollins. This book was released on 2021-09-14 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The companion volume to the Smithsonian’s National Museum of African American History and Culture exhibit, opening in September 2021 With a Foreword by Pulitzer Prize-winning author and historian Eric Foner and a preface by veteran museum director and historian Spencer Crew An incisive and illuminating analysis of the enduring legacy of the post-Civil War period known as Reconstruction—a comprehensive story of Black Americans’ struggle for human rights and dignity and the failure of the nation to fulfill its promises of freedom, citizenship, and justice. In the aftermath of the Civil War, millions of free and newly freed African Americans were determined to define themselves as equal citizens in a country without slavery—to own land, build secure families, and educate themselves and their children. Seeking to secure safety and justice, they successfully campaigned for civil and political rights, including the right to vote. Across an expanding America, Black politicians were elected to all levels of government, from city halls to state capitals to Washington, DC. But those gains were short-lived. By the mid-1870s, the federal government stopped enforcing civil rights laws, allowing white supremacists to use suppression and violence to regain power in the Southern states. Black men, women, and children suffered racial terror, segregation, and discrimination that confined them to second-class citizenship, a system known as Jim Crow that endured for decades. More than a century has passed since the revolutionary political, social, and economic movement known as Reconstruction, yet its profound consequences reverberate in our lives today. Make Good the Promises explores five distinct yet intertwined legacies of Reconstruction—Liberation, Violence, Repair, Place, and Belief—to reveal their lasting impact on modern society. It is the story of Frederick Douglass, Frances Ellen Watkins Harper, Hiram Revels, Ida B. Wells, and scores of other Black men and women who reshaped a nation—and of the persistence of white supremacy and the perpetuation of the injustices of slavery continued by other means and codified in state and federal laws. With contributions by leading scholars, and illustrated with 80 images from the exhibition, Make Good the Promises shows how Black Lives Matter, #SayHerName, antiracism, and other current movements for repair find inspiration from the lessons of Reconstruction. It touches on questions critical then and now: What is the meaning of freedom and equality? What does it mean to be an American? Powerful and eye-opening, it is a reminder that history is far from past; it lives within each of us and shapes our world and who we are.
Book Synopsis Daughter of the Boycott by : Karen Gray Houston
Download or read book Daughter of the Boycott written by Karen Gray Houston and published by Chicago Review Press. This book was released on 2020-05-05 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1950, before Montgomery, Alabama, knew Martin Luther King Jr., before Rosa Parks refused to surrender her seat to a white passenger, before the city's famous bus boycott, a Negro man named Hilliard Brooks was shot and killed by a white police officer in a confrontation after he tried to board a city bus. Thomas Gray, who had played football with Hilliard when they were kids, was outraged by the unjustifiable shooting. Gray protested, eventually staging a major downtown march to register voters, and standing up to police brutality. Five years later, he led another protest, this time against unjust treatment on the city's segregated buses. On the front lines of what became the Montgomery bus boycott, Gray withstood threats and bombings alongside his brother, Fred D. Gray, the young lawyer who represented Martin Luther King Jr., Rosa Parks, and the rarely mentioned Claudette Colvin, a plaintiff in the case that forced Alabama to desegregate its buses. An incredible story of family in the pivotal years of the civil rights movement, Daughter of the Boycott is the reflection of Thomas Gray's daughter, award-winning broadcast journalist Karen Gray Houston, on how her father's and uncle's selfless actions changed the nation's racial climate and opened doors for her and countless other African Americans.
Book Synopsis How the Poor Can Save Capitalism by : John Hope Bryant
Download or read book How the Poor Can Save Capitalism written by John Hope Bryant and published by Berrett-Koehler Publishers. This book was released on 2014-06-02 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book has a simple message for business leaders: you help yourselves by helping the poor. Instead of feeling as if the economy is working against them, the poor need to feel they have a stake in it so they will buy your products and put money in the bank. Supporting poor people's efforts to move into the middle class is the only way to enrich everyone, rich and poor alike.
Book Synopsis Introduction to Financial Technology by : Roy S. Freedman
Download or read book Introduction to Financial Technology written by Roy S. Freedman and published by Elsevier. This book was released on 2006-04-24 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial technology environment is a dynamic, high-pressured, fast-paced world in which developing fast and efficient buy-and-sell order processing systems and order executing (clearing and settling) systems is of primary importance. The orders involved come from an ever-changing network of people (traders, brokers, market makers) and technology. To prepare people to succeed in this environment, seasoned financial technology veteran Roy Freedman presents both the technology and the finance side in this comprehensive overview of this dynamic area. He covers the broad range of topics involved in this industry--including auction theory, databases, networked computer clusters, back-office operations, derivative securities, regulation, compliance, bootstrap statistics, optimization, and risk management—in order to present an in-depth treatment of the current state-of-the-art in financial technology. Each chapter concludes with a list of exercises; a list of references; a list of websites for further information; and case studies. - With amazing clarity, Freedman explains both the technology side and the finance side of financial technology - Accessible to both finance professionals needing to upgrade their technology knowledge and technology specialists needing to upgrade their finance knowledge
Book Synopsis Black in Place by : Brandi Thompson Summers
Download or read book Black in Place written by Brandi Thompson Summers and published by UNC Press Books. This book was released on 2019-09-09 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: While Washington, D.C., is still often referred to as "Chocolate City," it has undergone significant demographic, political, and economic change in the last decade. In D.C., no place represents this shift better than the H Street corridor. In this book, Brandi Thompson Summers documents D.C.'s shift to a "post-chocolate" cosmopolitan metropolis by charting H Street's economic and racial developments. In doing so, she offers a theoretical framework for understanding how blackness is aestheticized and deployed to organize landscapes and raise capital. Summers focuses on the continuing significance of blackness in a place like the nation's capital, how blackness contributes to our understanding of contemporary urbanization, and how it laid an important foundation for how Black people have been thought to exist in cities. Summers also analyzes how blackness—as a representation of diversity—is marketed to sell a progressive, "cool," and authentic experience of being in and moving through an urban center. Using a mix of participant observation, visual and media analysis, interviews, and archival research, Summers shows how blackness has become a prized and lucrative aesthetic that often excludes D.C.'s Black residents.
Download or read book Just Pursuit written by Laura Coates and published by Simon and Schuster. This book was released on 2022-01-18 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A ... true story and ... account of bias in the courtroom from CNN senior legal analyst Laura Coates, recounting her time as a Black female prosecutor for the US Department of Justice"--
Book Synopsis How the Other Half Banks by : Mehrsa Baradaran
Download or read book How the Other Half Banks written by Mehrsa Baradaran and published by Harvard University Press. This book was released on 2015-10-06 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities—all thanks to deregulation that began in the 1970s and continues decades later. “Baradaran argues persuasively that the banking industry, fattened on public subsidies (including too-big-to-fail bailouts), owes low-income families a better deal...How the Other Half Banks is well researched and clearly written...The bankers who fully understand the system are heavily invested in it. Books like this are written for the rest of us.” —Nancy Folbre, New York Times Book Review “How the Other Half Banks tells an important story, one in which we have allowed the profit motives of banks to trump the public interest.” —Lisa J. Servon, American Prospect
Book Synopsis Shadow Banking in China by : Andrew Sheng
Download or read book Shadow Banking in China written by Andrew Sheng and published by John Wiley & Sons. This book was released on 2016-05-09 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative guide to the rise of Chinese shadow banking and its systemic implications Shadow Banking in China examines this rapidly growing sector in the Chinese economy, and what it means for your investments. Written by two world-class experts in Chinese banking, including the Chief Advisor to the China Banking Regulatory Commission and former Chairman of the Securities and Futures Commission in Hong Kong, this book is unique in providing true, first-hand perspectives from authorities within the world's largest economy. There is little widely-available information on China's shadow banking developments, and much of it is rife with disparate data, inaccuracies and overblown risks due to definitional and measurement differences. This book clears the confusion by supplying accurate information, on-the-ground context and invaluable national balance sheet analysis you won't find anywhere else. Shadow banking has grown to be a key source of credit in China, and a major component of the economy. This book serves as a primer for analysts and investors seeking real, useful information about the sector to better inform investment decisions. Discover what's driving the growth of shadow banking in China Learn the truth about both real and inflated risks Dig into popular rhetoric and clarify common misconceptions Access valuable data previously not published in English Despite shadow banking's critical influence on the Chinese economy, there have been very few official studies and even fewer books written on the subject. Understanding China's present-day economy and forecasting its future requires an in-depth understanding of shadow banking and its inter-relationship with the banking system and other sectors. Shadow Banking in China provides authoritative reference that will prove valuable to anyone with financial interests in China.
Book Synopsis Tale Of Two Utopias by : Paul Berman
Download or read book Tale Of Two Utopias written by Paul Berman and published by W. W. Norton & Company. This book was released on 1996 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political journalist Paul Berman recounts four episodes in the history of a generation: student radicalism of the years around 1968; the birth of gay liberation and modern identity politics; the anti-Communist trajectory in the Eastern bloc; and the ideals and self-criticism of thinkers in America and in France, who debated the meaning of these events. A "New York Times" Notable Book.
Download or read book Hola Papi written by John Paul Brammer and published by Simon and Schuster. This book was released on 2022-06-07 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The popular LGBTQ advice columnist and writer presents a memoir-in-essays chronicling his journey growing up as a queer, mixed-race kid in America's heartland to becoming the "Chicano Carrie Bradshaw" of his generation.
Book Synopsis Freaks of Fortune by : Jonathan Levy
Download or read book Freaks of Fortune written by Jonathan Levy and published by Harvard University Press. This book was released on 2012-10-29 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until the early nineteenth century, "risk" was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future. Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions-insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets-while posing inescapable moral questions. For at the heart of risk's rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage one's own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name "financial services industry." Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system. Amid the nineteenth-century's waning faith in God's providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortuneis one of the first books to excavate the historical origins of our own financialized times and risk-defined lives.
