Author: Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 732
Book Description
The Southern Banker
Author: Banking on Freedom
Author: Shennette Garrett-ScottPublisher: Columbia University Press
ISBN: 0231545215
Category : History
Languages : en
Pages : 197
Book Description
Between 1888 and 1930, African Americans opened more than a hundred banks and thousands of other financial institutions. In Banking on Freedom, Shennette Garrett-Scott explores this rich period of black financial innovation and its transformative impact on U.S. capitalism through the story of the St. Luke Bank in Richmond, Virginia: the first and only bank run by black women. Banking on Freedom offers an unparalleled account of how black women carved out economic, social, and political power in contexts shaped by sexism, white supremacy, and capitalist exploitation. Garrett-Scott chronicles both the bank’s success and the challenges this success wrought, including extralegal violence and aggressive oversight from state actors who saw black economic autonomy as a threat to both democratic capitalism and the social order. The teller cage and boardroom became sites of activism and resistance as the leadership of president Maggie Lena Walker and other women board members kept the bank grounded in meeting the needs of working-class black women. The first book to center black women’s engagement with the elite sectors of banking, finance, and insurance, Banking on Freedom reveals the ways gender, race, and class shaped the meanings of wealth and risk in U.S. capitalism and society.
Bankers and Empire
Author: Peter James HudsonPublisher: University of Chicago Press
ISBN: 022645925X
Category : Social Science
Languages : en
Pages : 370
Book Description
From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.
A Great Moral and Social Force
Author: Tim ToddPublisher:
ISBN: 9780974480961
Category :
Languages : en
Pages :
Book Description
This publication offers a historical consideration of Black banking in the United States by focusing on some of the key individuals, banks and communities. While it is in no way a comprehensive history, it does include background that is essential to understanding each financial institution, its time, the events that led to its creation and the community of which it was not only a vital part, but very often a leader. Much of this history frames the world we find today.
Bankers Monthly
Author: The Southern Architect and Building News
Author: The Southern South
Author: Albert Bushnell HartPublisher: DigiCat
ISBN:
Category : Fiction
Languages : en
Pages : 255
Book Description
"The Southern South" by Albert Bushnell Hart is a book that reveals the knowledge and appreciation of Southern conditions. It is not to the purpose of this book to describe those numerous common traits which belong to people in all sections of the United States but to bring into relief some of the characteristics of the South which are not shared by the North. For it is certain that the physical and climatic conditions of the South are different from those of the North, and equally sure that as a community the South has certain temperamental peculiarities which affect its views of the world in general and also of its own problems. Slavery, which had a little permanent effect on the society or institutions of those parts of the North in which it existed up to the Revolution, was for two centuries a large factor in Southern life and has left many marks upon both white and negro races. The existence of a formerly servile race now ten million-strong still influences the whole development of the South. Unlike the North, which ever since the Civil War has felt disposed to consider itself the characteristic United States, the South looks upon itself, and is looked upon by its neighbors, as a unit within a larger unit; as set apart by its traditions, its history, and its commercial interests. The ex-president of the Southern Confederacy a few years ago at a public meeting declared that he appeared "In a defense of our Southland." A Southland there is, in the sense of a body of states which, while now yielding to none in loyalty to the Union and in participation in its great career, adhere together with such a sense of peculiar life and standards as is not to be found in any group of Northern communities except perhaps New England.
Banker To The Poor
Author: Muhammad YunusPublisher: PublicAffairs
ISBN: 1586485466
Category : Biography & Autobiography
Languages : en
Pages : 248
Book Description
The inspirational story of how Nobel Prize winner Muhammad Yunus invented microcredit, founded the Grameen Bank, and transformed the fortunes of millions of poor people around the world. Muhammad Yunus was a professor of economics in Bangladesh, who realized that the most impoverished members of his community were systematically neglected by the banking system -- no one would loan them any money. Yunus conceived of a new form of banking -- microcredit -- that would offer very small loans to the poorest people without collateral, and teach them how to manage and use their loans to create successful small businesses. He founded Grameen Bank based on the belief that credit is a basic human right, not the privilege of a fortunate few, and it now provides $24 billion of micro-loans to more than nine million families. Ninety-seven percent of its clients are women, and repayment rates are over 90 percent. Outside of Bangladesh, micro-lending programs inspired by Grameen have blossomed, and serve hundreds of millions of people around the world. The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is the moving story of someone who dreamed of changing the world -- and did.
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