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Home > Marketplace Morning Report > How Black prosperity was built up and torn down in Tulsa
Podcast: Marketplace Morning Report
Episode:

How Black prosperity was built up and torn down in Tulsa

Category: Business
Duration: 00:06:27
Publish Date: 2025-05-19 12:00:00
Description:

Today, to start a three-part series examining America's persistent racial wealth gap, we head to Tulsa, Oklahoma. There, in 1921, a violent white mob destroyed the thriving Greenwood neighborhood — then known as America's "Black Wall Street.” The event wiped out much of the prosperity experienced by the area’s Black residents and, along with it, the opportunity for intergenerational wealth-building. We'll learn about the history and attempts at restitution. But first: a downgrade of the nation's credit rating.

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