Larry Gennari and Doug Banks talk with authors Louise Story and Ebony Reed about their new book, Fifteen Cents on the Dollar, a sweeping, deeply researched narrative history of Black wealth and the economic discrimination embedded in America’s financial system.
Fifteen Cents on the Dollar follows the lives of four Black Millennial professionals and a banking company founded with the stated mission of closing the Black-white wealth gap. That company, known as Greenwood, a reference to the historic Black Wall Street district in Tulsa, Oklahoma, generated immense excitement and hope among people looking for new ways of business that might lead to greater equity. But the twists and turns of Greenwood’s journey also raise tough questions about what equality really means.