I dont think that was his point. I believe he is trying to say that it will not only cater to blacks who find shortcomings at mainstream banks, but also to anyone who finds similar shortcomings at mainstream banks.
I should hope that there will be more differences to this bank than the...
I'm saying there are more disproportionately wealthy African Americans than there are disproportionately wealthy Asian Americans.
If you'd like, we can compare the number of blacks and Asian Americans in the Forbes 500
Given that much more of the population is black than Chinese, I'm sure there are more single, wealthy Blacks than Chinese...to represent disproportionate amounts of business
What if it not him doing the charity?
What if he can convince blacks with money to put their money in savings there at a lower interest rate instead of at normal banks?
People buy Priuses to feel good even though they not really saving money, why not deposit their money in a black bank to...
Yup, that's pretty much it.
Also, there are a lot of closing costs that you as a buyer can't pay, as restricted by the VA...not that it matters if the seller knows this
What's a business or industry with philanthropic ideals, where there's a lot of little guys at the bottom who put their heart into it but no one at the top with real good business sense?
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