Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap

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About the Author

Louise Story is a prize-winning investigative journalist who spent more than 15 years at the New York Times and the Wall Street Journal, where she was the top masthead editor running coverage strategy. Her work investigating corruption led to the largest kleptocracy case in U.S. history, a case known as the 1MDB case. Her work investigating Wall Street and the derivatives market led to a multi-billion dollar settlement. And her work investigating Goldman Sachs during the 2008 financial crisis led to that bank's S.E.C. settlement. Projects she led received industry honors including Emmy Awards, and Pulitzer Prize finalist citations, and Online News Association awards. Louise's film The Kleptocrats aired on the BBC, Apple and Amazon. She teaches at The Yale School of Management.

Ebony Reed began her career as a reporter at The Plain Dealer, covering Cleveland public schools, documenting public education's inequities. The Investigative Reporters & Editors organization recognized her examination of how social promotion impacted the district's majority Black and brown students. At the Detroit News, she managed the local coverage during the 2008 economic crisis. Now the Chief Strategy Officer at The Marshall Project, she has held other senior roles at the Associated Press, Boston Business Journal, and the Wall Street Journal. She's taught at more than a half dozen institutions, including The Yale School of Management.


"Fifteen Cents on the Dollar is a compelling exploration of America's racial wealth divide with an exceptional blend of rigorous data and profound human emotion. At a moment when discussions about inequality are vital, this book offers a journey that engages the mind and the heart. Whether in the boardroom, within our communities, or around the dinner table, these insights offer a more nuanced, informed, and empathetic perspective on personal and professional growth, and how we can do better." -- Charles Duhigg, New York Times bestselling author of The Power of Habit and Supercommunicators

"Fifteen Cents on the Dollar is a brilliant and disturbing book that exposes and explains the pernicious nexus between the American economic system and American racism. It should be required reading for anyone seeking to understand the persistence of the wealth gap in our nation." -- Jill Abramson, author of The Merchants of Truth: The Business of News and the Fight for Facts, and former executive editor of The New York Times