“We Would Never Get Rescued Like This”—This Black Bank Owner Shared His Thoughts On The Racial Disparities Of The Recent Bank Bailouts

“We Would Never Get Rescued Like This”—This Black Bank Owner Shared His Thoughts On The Racial Disparities Of The Recent Bank Bailouts

Essence Magazine:

By Jasmine Browley ·Updated April 10, 2023

On March 13, President Biden addressed the collapse of Silicon Valley Bank in an attempt to reassure panicked Americans that the U.S. banking industry was safe, quipping that customers’ deposits will “be there when you need them.”

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