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What prevents runs on a whole bunch more banks next week? Unclear
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The Bridge

What prevents runs on a whole bunchmore banks next week? Unclear

What prevents runs on a whole bunch
more banks next week? Unclear

Full Transcript

00:00:01.000 --> 00:00:04.586
What prevents runs on a whole bunch more banks next week? Unclear.
Duration
6 seconds
Views
22
Timestamp in Movie
00:00:28
Uploaded
Feb 16, 2025
Genres
documentary
Production
Arowana Films

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Movie Summary

Fifty years ago, our country grappled with discrimination that profoundly impacted minority communities. In Los Angeles, neighborhood leaders united to challenge these barriers by establishing a community-focused bank, aiming to d...
It's never great - The Bridge 00:08
It's never great
What are we doing to prepare? Do we have enough liquidity? - The Bridge 00:06
What are we doing to prepare? Do we have enough liquidity?
We had to make sure our customers trusted us, - The Bridge 00:06
We had to make sure our customers trusted us,
We have the earnings that allow us to connect, to interact, - The Bridge 00:09
We have the earnings that allow us to connect, to interact,
We specialize to be that financial bridge between East and West. - The Bridge 00:07
We specialize to be that financial bridge between East and W...
We have a purpose and we can make a difference to the world. - The Bridge 00:08
We have a purpose and we can make a difference to the world.
Immigrants have always played a vital role in American history, - The Bridge 00:09
Immigrants have always played a vital role in American histo...
Fifty years ago, Chinese Americans were denied loans. - The Bridge 00:06
Fifty years ago, Chinese Americans were denied loans.
In response, eight brave individuals from Chinatown took action, - The Bridge 00:11
In response, eight brave individuals from Chinatown took act...
It's always astounding to see the vast distances that people travel - The Bridge 00:14
It's always astounding to see the vast distances that p...
Chinese started coming to the Americas beginning in the 16th and 17th century. - The Bridge 00:08
Chinese started coming to the Americas beginning in the 16th...
Both were house servants for white families who had moved into the area. - The Bridge 00:08
Both were house servants for white families who had moved in...
Los Angeles itself was really the Wild West. - The Bridge 00:08
Los Angeles itself was really the Wild West.
So in 1870, it's about 5000 people. - The Bridge 00:06
So in 1870, it's about 5000 people.
And of that 5000, there are around 200 Chinese. - The Bridge 00:07
And of that 5000, there are around 200 Chinese.
In October of 1871, there is some gunfire, - The Bridge 00:31
In October of 1871, there is some gunfire,
After the railroad is constructed, - The Bridge 00:09
After the railroad is constructed,
And when you add the unemployed Chinese, suddenly there are not enough jobs. - The Bridge 00:08
And when you add the unemployed Chinese, suddenly there are ...
This is what ignites the period called the "Driving Out," - The Bridge 00:13
This is what ignites the period called the "Driving Out...
So all of this is sort of gradually leading up to the Exclusion Act of 1882. - The Bridge 00:08
So all of this is sort of gradually leading up to the Exclus...