A leading historian exposes how the rise and tragic failure of the Freedman’s Bank has shaped economic inequality in America.[/b]
In the years immediately after the Civil War, tens of thousands of former slaves deposited millions of dollars into the Freedman’s Bank. African Americans envisioned this new bank as a launching pad for economic growth and self-determination. But only nine years after it opened, their trust was betrayed and the Freedman’s Bank collapsed.
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