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- Garrett’s wife, Eunice, played by Nia Long, helped in carrying out this plan, while Garrett and Morris posed as janitors and chauffeurs. The plan eventually backfired leading the two to bankruptcy and a case against them.
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Oct 22, 2023 · What Happened After Their Release? After prison, Garrett and Morris continued their business activities, including real estate investing and low income housing projects. However, they never reached the same massive scale as their banking enterprises. Morris passed away in 1982. Garrett died in 1999 at the age of 94.
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- Bernard Garrett Moves to California with Family
- Garrett Hires White 'Faces' to Carry Out Deals
- Garrett Moves Back to Houston
- Creating Opportunities For African Americans
In a beat-up van, Garrett, his first wife Eunice, and their small children, drove to California in 1945 in pursuit of opportunity. Once in the Golden State, Garrett started another cleaning service and a business collecting wastepaper, eventually saving enough money to buy property in Los Angeles. But his pathway to wealth accelerated when he met a...
Garrett approached Joe Morris, a successful black businessman who owned two nightclubs. He proposed that they buy the Banker’s Building, where most of the banks in Los Angeles were headquartered. The plan required what Garrett later described as hiring “faces,” white men he coached in finance to carry out his deals, while he and Morris remained ano...
But Garrett wasn’t done. “I had a desire to return to Houston, Texas, the place of my birth to give relief to local colored people who were having great difficulty obtaining real estate loans,” he later said in testimonyabout his dealings before a senate subcommittee. “There was an orchestrated effort to keep African Americans from becoming a viabl...
Garrett wanted to create opportunities for African Americans who were routinely subjected to redlining, where banks denied them loans, relegating them to segregated and impoverished neighborhoods and limited income potential. With capital from Don Silverthorne, president of San Francisco National Bank who knew Morris, in 1963 Garrett and Morris bou...
Aug 1, 2022 · Garrett’s wife, Eunice, played by Nia Long, helped in carrying out this plan, while Garrett and Morris posed as janitors and chauffeurs. The plan eventually backfired leading the two to bankruptcy and a case against them.
Morris and Garrett went on to purchase multiple banks and savings & loans, in Texas. They acquired their first bank in Texas in 1964 going on to buy an additional four banks and savings & loans. [4] A racist Democratic power base eventually found a way to stop The Garretts' growing banking control of white banks in Texas.
- September 9, 1999 (aged 73)
- September 19, 1925, Willis, Texas
- Businessperson, investor, banker
The story follows Joe Morris (Jackson) and Bernard Garrett (Mackie), two of the first African-American bankers in the United States. Plot [ edit ] In 1954, Bernard Garrett wants to get into real estate but encounters racism that prevents him from being a successful real estate investor.
- $11 million
- H. Scott Salinas
- March 6, 2020
Mar 22, 2020 · Yes. The Banker is based on the true story of Bernard Garrett and Joe Morris, two black men who endeavored to become bankers and landowners in the 1950s and 60s, at a time when racism made...
Mar 20, 2020 · Through one of Eunice’s old friends, boisterous club owner Joe Morris ( Samuel L. Jackson ), Garrett and Morris become unlikely partners in desegregating the sunny metropolis, but there’s only so much they can do as Black men facing racism.
