LIVE: Why Killer Mike Wants More People to Support Black-Owned Banks

While Wall Street behemoths may be too big to fail, many Black-owned banks have proven too small to succeed. Two decades ago, 48 were open for business. Today, there are just 21. Since the 2008 financial crisis, as the big banks have gotten $2 trillion bigger, the combined assets of Black-owned banks have actually declined. That’s why Michael Render, the rapper and activist better known as Killer Mike launched #BankBlack, a campaign to bolster the remaining Black-owned financial institutions


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