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clip - Banks have been underwriters of American racism — no industry has
played a bigger or more enduring role in black oppression, exploitation and
exclusion. Banks financed the slave trade and in some cases “repossessed”
humans in bondage.

White-owned banks refused to serve black people who left the South escaping
brutality and seeking opportunity during the Great Migration of the early
and mid-20th century. Bank policies and practices contributed to
segregating every major city and denying black families the two most
important toeholds to the middle class — ownership of homes and of

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