Less than ten years after the formerly enslaved began earning their own money following the Civil War, a bank fraud stole their savings and destroyed Black trust in banks for generations. #BlackSky lestercraven.substack.com/p/racial-wea... The federal government created the Freedman’s Bank to protect the newly earned money of the formerly enslaved, instead it stole it.
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Less than ten years after the formerly enslaved began earning their own money following the Civil War, a bank fraud stole their savings and destroyed Black trust in banks for generations. #BlackSky lestercraven.substack.com/p/racial-wea... The federal government created the Freedman’s Bank to protect the newly earned money of the formerly enslaved, instead it stole it.