English | 2022 | ISBN: 1982183241 | 328 pages | True EPUB | 7.44 MB
An explosive and deeply reported look at the systemic racism inside the American financial services industry, from acclaimedNew York Timesfinance reporter Emily Flitter.
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions.
Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo,The White Wallreveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to...
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