X
How did Malcolm X learn how to read?
He taught himself by copying the dictionary.
What is a resume?
A document that lists your work experience, skills, and/or qualifications
What is a landlord? What is a tenant?
**must answer both questions
A landlord owns a property and leases/rents spaces out to people/tenants
The tenant is the person who rents the space
What happened to Bernard Garrett's first partner in real estate? (Patrick Barker)
He passed away in his sleep
What is segregation?
the separation of racial groups
Before Malcolm X became Malcolm X, he was called this.
Red
What is the job/purpose of a Cover Letter?
A Cover Letter introduces you to an employer. It can grab their attention and set you apart from other applicants
What is a deductible?
When you have insurance and something happens, this is the amount you have agreed to pay before insurance covers the rest.
Why do Joe and Bernard teach Matt Steiner how to play golf?
He needs to learn how to talk to rich white men
What is a payday loan?
Payday loans are small amounts of money that are given with high interest rates. They must be repaid on the borrower's next payday.
Where does Malcolm X learn about the Nation of Islam?
What is one of the first things you should do when walking into an interview?
Introduce yourself
Shake the interviewer's hand
What are utilities?
Gas, Electric, Water
Services that everyone must have in order to live comfortably in civilization
DOUBLE JEOPARDY
Joe and Bernard are experiencing great success in LA buying and leasing buildings. It is not until Bernard convinces Joe to do this that they start having problems.
Must also explain why he wants to do this-
Bernard convinces Joe to buy a bank in Texas so he can provide loans to Black people
Describe White Flight
White Flight is a term used to describe how White residents sometimes leave a neighborhood when Black people begin moving in
DOUBLE JEOPARDY
Describe what happened to Malcolm X at his last speech and who was most likely responsible for it.
Malcolm X was interrupted before he ever gave his speech when several men shot him to death in front of an audience.
The Nation of Islam is thought to be responsible for Malcolm X's murder
Why is it important to ask questions during your interview process?
You are showing the employer that you are interested in the job.
It sets you apart from other interviewers
What does it mean to have a Thin Credit File?
Having a thin credit file means you have little to no credit history
Three years after Bernard's testimony and arrest, the Senate passed this Act in 1968
The Fair Housing Act
What is Redlining?
The outlining and grading of communities on a map which indicate what races live where and where to lend money for mortgages
Where did Malcolm X journey to that led to his changing views about his religion and working with people of other races?
Mecca
Name something you may want to bring with you to your interview
What is one reason that car insurance is so high for teenagers?
Teenagers are considered to be higher risk
-More car accidents (less experience)
-More likely to drive distracted (cell phones)
Describe what ultimately led to Matt being fired by the FDIC and Joe and Bernard being arrested by the FBI
**Must give at least 2 reasons
Matt convinced Joe and Bernard to buy him a bank before he was ready
He signed for a package of loans w/o reading them which led to an investigation
Joe and Bernard were exposed for owning a white bank behind the scenes
We talked about Retail Redlining which deals with stores (grocery, department, retail)
Describe what you know about Retail Redlining and give an example of what you mean
Retail Redlining is when certain stores avoid being placed in certain neighborhoods.
Moo & Oink, Aldi, Fairplay
v.
Trader Joes, Whole Foods, Mariano's