The Color of Money

Black Banks and the Racial Wealth Gap

Ranked #10 in Investment Banking, Ranked #12 in Banksee more rankings.

"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...

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