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Slate Money

The Color of Money Edition

Slate Money

Slate Podcasts

Business, Investing

4.11.1K Ratings

🗓️ 23 February 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

On this week’s episode, Mehrsa Baradaran joins Anna, Emily, and Felix to discuss black banks and the racial wealth gap. In the Slate Plus segment: Mehrsa’s talks about the Push Coalition Wall Street Project and the conversations she’s had with the Reverend Jesse Jackson about the racial wealth gap. Email: slatemoney@slate.com Twitter: @felixsalmon, @Three_Guineas,@EmilyRPeck, @MehrsaBaradaran Podcast production by Max Jacobs. Listen to Slate Money via Apple Podcasts, Overcast, Spotify, Stitcher, or Google Play. This episode is brought to you by Transferwise. Check them out today at transferwise.com/money Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to

0:14.4

So good to see it's no no no yes mersse introduce yourself. I am mersa baradiron. I am the author of most recently the color of money black banks and the racial

0:25.4

wealth gap and I'm also a professor of law at the University of Georgia and so we

0:30.5

are going to have a whole color of money addition in honor of massive

0:36.0

around we are going to talk about black banking we are going to talk about

0:40.0

black wealth we're going to talk about reparations we're going to talk about reparations we're going to talk about

0:42.8

opportunity zones we're going to talk about history we are going to put this all in

0:46.6

context we are going to go back centuries we are going to talk about Haiti we

0:52.2

are going to talk you have no idea how much

0:54.5

amazing knowledge is going to get dropped in a relatively short podcast. This is

0:59.8

going to be dense fun, interesting. It's going to be not just Measser but it's going to be dense, fun, interesting.

1:03.0

It's going to be not just me as a matter, but it's going to be me.

1:05.2

I should introduce myself.

1:06.2

I am Felix Simon of Axios.

1:07.6

It is going to be Anna Shimanski.

1:10.0

And also Emily Peck of the Huffington Post. And all of this is going to be coming up right here on slate money.

1:20.0

So let's start with your book which has been out for a while and everyone has read it already but for those people who haven't read it already what's it called?

1:29.0

It's called the color of money black banks and the racial wealth gap.

1:32.6

And this is an amazing history of black banking in America,

1:38.6

and not just black banking, but also just the way that African Americans found it incredibly hard to hold on to their

1:46.0

money and they tried to create their own banks which you would think would help them

1:50.4

hold on to their money but it didn't really work out that way.

...

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