Savings and Trust
The Rise and Betrayal of the Freedman's Bank
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Narrated by:
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Diana Blue
About this listen
In the years immediately after the Civil War, tens of thousands of former slaves deposited millions of dollars into the Freedman's Bank. African Americans envisioned this new bank as a launching pad for economic growth and self-determination. But only nine years after it opened, their trust was betrayed and the Freedman's Bank collapsed.
Fully informed by new archival findings, historian Justene Hill Edwards unearths a major turning point in American history in this comprehensive account of the Freedman's Bank and its depositors. She illuminates the hope with which the bank was first envisioned and demonstrates the significant setback that the sabotage of the bank caused in the fight for economic autonomy. Hill Edwards argues for a new interpretation of its tragic failure: the bank's white financiers drove the bank into the ground, not Fredrick Douglass, its final president, or its Black depositors and cashiers. A compelling story filled with both well-known figures like Abraham Lincoln, Frederick Douglass, Jay and Henry Cooke, and General O. O. Howard, and less well-known figures like Dr. Charles B. Purvis, John Mercer Langston, Congressman Robert Smalls, and Ellen Baptiste Lubin. Savings and Trust is a must-listen for those seeking to understand the roots of racial economic inequality in America.
©2024 Justene Hill Edwards (P)2024 Ascent AudioListeners also enjoyed...
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John Edgar Wideman’s “slaveroad” is a palimpsest of physical, social, and psychological terrain, the great expanse to which he writes in this groundbreaking work that unsettles the boundaries of memoir, history, and fiction. The slaveroad begins with the Atlantic Ocean, across which enslaved Africans were carried, but the term comes to encompass the journeys and experiences of Black Americans since then and the many insidious ways that slavery separates, wounds, and persists.
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Freeman's Challenge
- The Murder That Shook America's Original Prison for Profit
- By: Robin Bernstein
- Narrated by: Shamaan Casey
- Length: 8 hrs and 6 mins
- Unabridged
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Overall
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Performance
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Story
In the early nineteenth century, as slavery gradually ended in the North, a village in New York State invented a new form of unfreedom: the profit-driven prison. Uniting incarceration and capitalism, the village of Auburn built a prison that enclosed industrial factories. There, “slaves of the state” were leased to private companies. The prisoners earned no wages, yet they manufactured furniture, animal harnesses, carpets, and combs, which consumers bought throughout the North. Then one young man challenged the system.
By: Robin Bernstein
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Ghosts of Crook County
- An Oil Fortune, a Phantom Child, and the Fight for Indigenous Land
- By: Russell Cobb
- Narrated by: Chris Baetens
- Length: 9 hrs and 22 mins
- Unabridged
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Overall
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Performance
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Story
In the early 1900s, at the dawn of the “American Century,” few knew the intoxicating power of greed better than white men on the forefront of the black gold rush. When oil was discovered in Oklahoma’s Indian Country, these tycoons impersonated, defrauded, and murdered Native property owners to snatch up hundreds of acres of oil-rich land. Journalist and fourth-generation Oklahoman Russell Cobb sets the stage for one such oilman’s chicanery: Tulsa entrepreneur Charles Page’s campaign for a young Muscogee boy’s land in Creek County.
By: Russell Cobb
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Crusader Criminals
- The Knights Who Went Rogue in the Holy Land
- By: Steve Tibble
- Narrated by: James Lurie
- Length: 12 hrs and 3 mins
- Unabridged
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Overall
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Performance
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Story
The religious wars of the crusades are renowned for their military engagements. But the period was witness to brutality beyond the battlefield. More so than any other medieval war zone, the Holy Land was rife with unprecedented levels of criminality and violence. In the first history of its kind, Steve Tibble explores the criminal underbelly of the crusades. From gangsters and bandits to muggers and pirates, Tibble presents extraordinary evidence of an illicit underworld. He shows how the real problem in the region stemmed not from religion but from young men.
By: Steve Tibble
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Raiders, Rulers, and Traders
- The Horse and the Rise of Empires
- By: David Chaffetz
- Narrated by: Paul Boehmer
- Length: 13 hrs and 56 mins
- Unabridged
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Overall
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Performance
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Story
No animal is so entangled in human history as the horse. The thread starts in prehistory, with a slight, shy animal, hunted for food. Domesticating the horse allowed early humans to settle the vast Eurasian steppe; later, their horses enabled new forms of warfare, encouraged long-distance trade routes, and ended up acquiring deep cultural and religious significance.
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Fascinating history and insights
- By 2 Cents on 01-19-25
By: David Chaffetz
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Taxes 101
- From Understanding Forms and Filing to Using Tax Laws and Policies to Minimize Costs and Maximize Wealth, an Essential Primer on the US Tax System (Adams 101 Series)
- By: Michele Cagan CPA
- Narrated by: Jean Ann Douglass
- Length: 7 hrs and 16 mins
- Unabridged
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Overall
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Performance
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Story
If you want to understand your finances, you need to understand your taxes. Learn everything you need to know about the US tax system and become more financially independent with Taxes 101. As people become more motivated to be as financially literate as possible, understanding every part of their financial wellness is key. With Taxes 101, you will learn the basics of the US tax system, from the system structure and kinds of taxes to all the tax laws that lead to deductions and credits and the forms associated with filing.
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Slaveroad
- An Autobiography
- By: John Edgar Wideman
- Narrated by: David Sadzin
- Length: 8 hrs and 33 mins
- Unabridged
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Overall
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Performance
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Story
John Edgar Wideman’s “slaveroad” is a palimpsest of physical, social, and psychological terrain, the great expanse to which he writes in this groundbreaking work that unsettles the boundaries of memoir, history, and fiction. The slaveroad begins with the Atlantic Ocean, across which enslaved Africans were carried, but the term comes to encompass the journeys and experiences of Black Americans since then and the many insidious ways that slavery separates, wounds, and persists.
-
Freeman's Challenge
- The Murder That Shook America's Original Prison for Profit
- By: Robin Bernstein
- Narrated by: Shamaan Casey
- Length: 8 hrs and 6 mins
- Unabridged
-
Overall
-
Performance
-
Story
In the early nineteenth century, as slavery gradually ended in the North, a village in New York State invented a new form of unfreedom: the profit-driven prison. Uniting incarceration and capitalism, the village of Auburn built a prison that enclosed industrial factories. There, “slaves of the state” were leased to private companies. The prisoners earned no wages, yet they manufactured furniture, animal harnesses, carpets, and combs, which consumers bought throughout the North. Then one young man challenged the system.
By: Robin Bernstein
-
Ghosts of Crook County
- An Oil Fortune, a Phantom Child, and the Fight for Indigenous Land
- By: Russell Cobb
- Narrated by: Chris Baetens
- Length: 9 hrs and 22 mins
- Unabridged
-
Overall
-
Performance
-
Story
In the early 1900s, at the dawn of the “American Century,” few knew the intoxicating power of greed better than white men on the forefront of the black gold rush. When oil was discovered in Oklahoma’s Indian Country, these tycoons impersonated, defrauded, and murdered Native property owners to snatch up hundreds of acres of oil-rich land. Journalist and fourth-generation Oklahoman Russell Cobb sets the stage for one such oilman’s chicanery: Tulsa entrepreneur Charles Page’s campaign for a young Muscogee boy’s land in Creek County.
By: Russell Cobb
-
Crusader Criminals
- The Knights Who Went Rogue in the Holy Land
- By: Steve Tibble
- Narrated by: James Lurie
- Length: 12 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
The religious wars of the crusades are renowned for their military engagements. But the period was witness to brutality beyond the battlefield. More so than any other medieval war zone, the Holy Land was rife with unprecedented levels of criminality and violence. In the first history of its kind, Steve Tibble explores the criminal underbelly of the crusades. From gangsters and bandits to muggers and pirates, Tibble presents extraordinary evidence of an illicit underworld. He shows how the real problem in the region stemmed not from religion but from young men.
By: Steve Tibble
-
Raiders, Rulers, and Traders
- The Horse and the Rise of Empires
- By: David Chaffetz
- Narrated by: Paul Boehmer
- Length: 13 hrs and 56 mins
- Unabridged
-
Overall
-
Performance
-
Story
No animal is so entangled in human history as the horse. The thread starts in prehistory, with a slight, shy animal, hunted for food. Domesticating the horse allowed early humans to settle the vast Eurasian steppe; later, their horses enabled new forms of warfare, encouraged long-distance trade routes, and ended up acquiring deep cultural and religious significance.
-
-
Fascinating history and insights
- By 2 Cents on 01-19-25
By: David Chaffetz
-
Taxes 101
- From Understanding Forms and Filing to Using Tax Laws and Policies to Minimize Costs and Maximize Wealth, an Essential Primer on the US Tax System (Adams 101 Series)
- By: Michele Cagan CPA
- Narrated by: Jean Ann Douglass
- Length: 7 hrs and 16 mins
- Unabridged
-
Overall
-
Performance
-
Story
If you want to understand your finances, you need to understand your taxes. Learn everything you need to know about the US tax system and become more financially independent with Taxes 101. As people become more motivated to be as financially literate as possible, understanding every part of their financial wellness is key. With Taxes 101, you will learn the basics of the US tax system, from the system structure and kinds of taxes to all the tax laws that lead to deductions and credits and the forms associated with filing.
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Paper of Wreckage
- An Oral History of the New York Post, 1976-2024
- By: Susan Mulcahy, Frank DiGiacomo
- Narrated by: Carlotta Brentan, Cassandra Campbell, Amanda Dolan, and others
- Length: 24 hrs and 48 mins
- Unabridged
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Overall
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Performance
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Story
By the 1970s, the country’s oldest continuously published newspaper had fallen on hard times, just like its nearly bankrupt hometown. When the New York Post was sold to a largely unknown Australian named Rupert Murdoch in 1976, staffers hoped it would be the start of a new golden age for the paper. Now, after the nearly fifty years Murdoch has owned the tabloid, American culture reflects what Murdoch first started in the 1970s: a celebrity-focused, noisy, one-sided media empire that reached its zenith with Fox News.
By: Susan Mulcahy, and others
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Inside Money
- Brown Brothers Harriman and the American Way of Power
- By: Zachary Karabell
- Narrated by: Zachary Karabell
- Length: 17 hrs and 16 mins
- Unabridged
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Overall
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Performance
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Story
In Inside Money, acclaimed historian, commentator, and former financial executive Zachary Karabell offers the first full and frank look inside this institution against the backdrop of American history. Blessed with complete access to the company's archives, as well as a thrilling understanding of the larger forces at play, Karabell has created an X-ray of American power - financial, political, cultural - as it has evolved from the early 1800s to the present.
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Brilliant, well researched & highly insightful
- By Mongezi on 02-11-22
By: Zachary Karabell
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Beyond Banks
- Technology, Regulation, and the Future of Money
- By: Dan Awrey
- Narrated by: Danny Hughes
- Length: 10 hrs and 22 mins
- Unabridged
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Overall
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Performance
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Story
A diverse and growing range of financial institutions and platforms—from PayPal and Venmo to WeChat, Alipay, and the brave new world of stablecoins—has harnessed new technology to disrupt the system of money and payments as we know it. Beyond Banks explains why this disruption holds out the promise of faster, cheaper, more convenient, and more secure payments, but also how it increasingly risks exposing consumers, businesses, and governments to the problem of bad money.
By: Dan Awrey
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Valley So Low
- One Lawyer's Fight for Justice in the Wake of America's Great Coal Catastrophe
- By: Jared Sullivan
- Narrated by: Lee Osorio, Jared Sullivan
- Length: 12 hrs and 43 mins
- Unabridged
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Overall
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Performance
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Story
For more than fifty years, a power plant in the small town of Kingston, Tennessee, burned fourteen thousand tons of coal a day, gradually creating a mountain of ashen waste sixty feet high and covering eighty-four acres, contained only by an earthen embankment. In 2008, just before Christmas, that embankment broke, unleashing a lethal wave of coal sludge that covered three hundred acres, damaged nearly thirty homes, and precipitating a cleanup effort that would cost more than a billion dollars—and the lives of more than fifty cleanup workers who inhaled the toxins it released.
By: Jared Sullivan
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The Forbidden Garden
- The Botanists of Besieged Leningrad and Their Impossible Choice
- By: Simon Parkin
- Narrated by: Elliot Fitzpatrick
- Length: 11 hrs and 45 mins
- Unabridged
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Overall
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Performance
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Story
In the summer of 1941, German troops surrounded the Russian city of Leningrad—now St. Petersburg—and began the longest blockade in recorded history, one that would ultimately claim the lives of nearly three-quarters of a million people. At the center of the besieged city stood a converted palace that housed the world’s largest collection of seeds—more than 250,000 samples hand-collected over two decades from all over the globe by world-famous explorer, geneticist, and dissident Nikolai Vavilov, who had recently been disappeared by the Soviet government.
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Lost me hour in.
- By Patti Bradley on 10-17-24
By: Simon Parkin
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Selling Sexy
- Victoria’s Secret and the Unraveling of an American Icon
- By: Lauren Sherman, Chantal Fernandez
- Narrated by: Allyson Ryan
- Length: 12 hrs and 28 mins
- Unabridged
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Overall
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Performance
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Story
Victoria’s Secret is one of the most influential and polarizing brands to ever infiltrate the psyche of the American consumer. Almost right at its start in the late 1970s, the company developed a cult following for its glamorous catalogs. Back then, shoppers had few alternatives to the stodgy department stores that sold most of the nation’s intimate apparel. By 1982, the founders of Victoria’s Secret avoided bankruptcy by selling to Les Wexner, the fast-fashion pioneer behind the Limited, whose empire of mall brands would go on to dominate American retail for forty years.
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Informative
- By Llilly on 12-11-24
By: Lauren Sherman, and others
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Patton's Shadow
- The Making of a Hero in Modern Memory
- By: Nathan C. Jones
- Narrated by: Kent Klineman
- Length: 12 hrs and 32 mins
- Unabridged
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Overall
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Performance
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Story
Patton's Shadow by Nathan C. Jones, a leading authority on George S. Patton, offers a definitive account of the creation of the Patton legend and what it illuminates about American culture and the worship of heroes. Jones traces how the persona of Patton, a brash and brilliant general in the European theater of World War II, transcended the individual man and became a cultural icon and byword for triumphal American might.
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Brilliant
- By A on 10-29-24
By: Nathan C. Jones
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The Spice Ports
- Mapping the Origins of the Global Sea Trade
- By: Nicholas Nugent
- Narrated by: Bruce Mann
- Length: 9 hrs and 26 mins
- Unabridged
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Overall
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Performance
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Story
We may think of "globalism" as a recent development but its origins date back to the fifteenth century and beyond, when seafarers pioneered routes across the oceans with the objectives of exploration, trade, and profit. These voyages only became possible after certain technical innovations—improvements in ship design, compasses, and mapping—enabled navigation across unprecedented distances.
By: Nicholas Nugent
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Land Between the Rivers
- A 5,000-Year History of Iraq
- By: Bartle Bull
- Narrated by: Jonathan Keeble
- Length: 22 hrs and 17 mins
- Unabridged
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Overall
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Performance
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Story
Bull chronicles the story of Iraq from the exploits of Gilgamesh to the fall of the Iraqi monarchy that ushered in its modern era. The land between the rivers has been the melting pot and battleground of countless outsiders. Here, Judaism was born and the Sunni-Shia schism took its bloody shape.
By: Bartle Bull
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The Absinthe Forger
- A True Story of Deception, Betrayal, and the World’s Most Dangerous Spirit
- By: Evan Rail
- Narrated by: Mike Lenz
- Length: 8 hrs and 22 mins
- Unabridged
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Overall
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Performance
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Story
Absinthe, an elixir made of alcohol and herbs, is a booming business. Yet it is still an underground culture, associated with mystery, romance, and bohemian lifestyles, in keeping with its popularity among the writers, artists, and other ne'er-do-wells. First produced in eighteenth century, the spirit, known as "the Green Fairy," was banned worldwide by 1914 before the bans were gradually overturned beginning in 2005, the year Switzerland relegalized absinthe.
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Interesting story, idiot reader
- By Shakira Chadwick on 12-21-24
By: Evan Rail
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Robert Rogers, Ranger
- The Rise and Fall of an American Icon
- By: Martin Klotz
- Narrated by: Jim Seybert
- Length: 10 hrs and 8 mins
- Unabridged
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Overall
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Performance
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Story
Robert Rogers, commander of Rogers' Rangers during the French and Indian War, was the war's best-known colonial military hero and, in the ensuing peace, one of the best-known Americans of any description, rivaling Benjamin Franklin in popularity. Rogers is known today for his role in developing the mystique of the modern Ranger, but what explains his meteoric rise and his long, depressing fall? Robert Rogers, Ranger: The Rise and Fall of an American Icon by Martin Klotz is a fresh look at the life of this famous, yet highly flawed man.
By: Martin Klotz
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The Stalin Affair
- The Impossible Alliance That Won the War
- By: Giles Milton
- Narrated by: Giles Milton
- Length: 11 hrs and 19 mins
- Unabridged
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Overall
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Performance
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Story
Enter Averell Harriman: a railroad magnate and, at the start of the war, the fourth-richest man in America. At Roosevelt’s behest, he traveled to Britain to serve as a liaison between the president and Churchill and to spearhead what became known as the Harriman Mission. Together with his fashionable young daughter Kathy, an unforgettable cast of British diplomats, and Churchill himself, he would eventually manage to wrangle Stalin into the partnership the Allies needed to defeat Hitler.
By: Giles Milton
What listeners say about Savings and Trust
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Performance
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- Marc R.
- 11-25-24
Enlightening and Engaging
The content and pace of the book were perfect to absorb and process. I’ve recommended the book on my social media platform—it’s just that profound
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- Kathleen Carroll
- 11-16-24
History good
Too repetitive ,I liked the layout . The timeline was clear .however the story itself was thin .
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- Anonymous User
- 11-27-24
No final accounting
Good book exposing not unexpected financial shenanigans.I would have liked a final accounting of how many people lost how much money and where it all went.
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- Jerome Petruk
- 01-22-25
Very Boring
The text is terribly repetitive. The author seemed like they must emphasize the least important details. The narrator however had a pleasant voice, so there's that. Pity she had to stick to the text.
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