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More than 150 years later, that number has barely budged. \u003ci\u003eThe Color of Money\u003c\/i\u003e seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks.\u003cbr\u003e\u003cbr\u003eWith the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. 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