Silicon Valley Bank closes: did it fail due to 'diversity' or being too 'woke,' or is this common?
Mar 14, 2023 ·
1h 2s
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Description
The federal government closed Signature Bank this past Sunday; regional banks have the most to lose right now if the panic runs continue--Black banks should be considered In this episode...
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The federal government closed Signature Bank this past Sunday; regional banks have the most to lose right now if the panic runs continue--Black banks should be considered
In this episode of News Too Real, show host & producer, Julia Dudley Najieb explores the in-depth reasons as to why banks fail; on the contrary, Black banks have had key discriminatory factors contributing to their losses and failures. Dudley Najieb reveals those historical challenges, as well as comforting news on 21 thriving, mostly FDIC insured, Black-owned banks nationwide.
show less
In this episode of News Too Real, show host & producer, Julia Dudley Najieb explores the in-depth reasons as to why banks fail; on the contrary, Black banks have had key discriminatory factors contributing to their losses and failures. Dudley Najieb reveals those historical challenges, as well as comforting news on 21 thriving, mostly FDIC insured, Black-owned banks nationwide.
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