Do Black Lives Matter to Big Banks?

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A national uprising in the wake of the murder of George Floyd pressured corporations and big banks to acknowledge their own roles in systemic racism. Many made sweeping promises to support Black-owned businesses, but now, over one year later, have they kept those promises? In this episode, a co-production of The Laura Flanders Show and URL Media, co-hosts Mitra Kalita and Sara Lomax-Reese interview guests to discuss the widening racial wealth gap in America, the role banks play in perpetuating systemic racism, and how community development financial institutions (CDFIs) can help communities of color build wealth and prosperity. Laura chimes in with her closing thoughts on the importance of media that follows up on critical stories.  Music in the Middle:  “Masters of Greed” by Rebel Tumbao featuring Ruben Rodriguez and Anthony Carrillo, released on Sacred Rhythm Music.

Guests

S. Mitra Kalita (Co-Host), CEO & Co-Founder, URL Media

Sara Loma-Reese (Co-Host), Co-Founder, URL Media

Madhusmita Bora, Freelance Writer, Co-Director Sattriya Dance Company

Nicole Ndumele, Vice President of Racial Equity and Justice at the Center for American Progress

Wayne W. Williams, Assistant Professor of Accounting, Temple University Fox School of Business

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