5min chapter

Planet Money cover image

Financial advising while Black

Planet Money

CHAPTER

The Case of Lance and Erica Friedman

Lance and Erica Williams filed a class-action lawsuit against the big banks. The suit argues that black employees faced pervasive discrimination. Lance: There weren't enough blacks working on Wall Street in order to be able to bring a class. But banking was one of the last white collar industries to really hire black employees.

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