ECONOMIC SUMMIT—Rev. Jesse Jackson Sr., left, makes remarks during the 18th Annual Rainbow Push Wall Street Project Economic Summit as Steve Ballmer former CEO of Microsoft and owner of the Los Angeles Clippers looks on. (Rainbow PUSH Coalition)
For Chicago-based investor and philanthropist John Rogers, the Rainbow PUSH Coalition’s annual Wall Street Project in New York City is a must-attend event.
The three days of seminars and speeches in the Big Apple every winter is a chance for Rogers, the son of a Tuskegee Airman, and other African American businessmen and women to share notes and strategies on how to break into, survive and ultimately thrive in the largely White world of Wall Street by gaining access to capital.
But for African Americans, Wall Street is riddled with potholes. Many of the country’s major hospitals, universities and other institutions with huge portfolios to invest “have never worked with Black firms,” Rogers says. “They have never had their ‘Jackie Robinson moment.’”