The Color Of Money

A private investment fund for minority businesses lines up a powerhouse team of backers

IT'S OFFICIAL NOW, though Earl G. Graves, publisher of Black Enterprise, could've told you years ago: Lenders don't give minorities a fair shake. No less an authority than Federal Reserve Chairman Alan Greenspan recently weighed in, telling a Fed gathering last month that lenders reject small, minority-owned businesses much more often than white-owned companies.

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