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Killer Mike Launches Banking Platform To Benefit Black & Latinx Community
Killer Mike, in conjunction with former Atlanta mayor, Andrew J. Young, and Bounce TV network boss Ryan Glover, has launched a digital banking platform, Greenwood, for the Black and Latinx community.
Phillip Faraone / Getty Images
“Today, a dollar circulates for 20 days in the white community but only six hours in the Black community,” Mike said in a press release. “Moreover, a Black person is twice as likely as a white person to be denied a mortgage. This lack of fairness in the financial system is why we created Greenwood.”
The company has announced a series of ways working with Greenwood will benefit the community: For starters, Greenwood will donate five meals to families in need every time someone signs up for their service. They will also make donations to the NAACP with every use of a Greenwood debit card. Additionally, Greenwood will give out $10,000 grants for Black and Latinx small business owners every month.
“It’s no secret that traditional banks have failed the Black and Latinx community,” Glover said in the press release. “We needed to create a new financial platform that understands our history and our needs going forward, a banking platform built by us and for us, a platform that helps us build a stronger future for our communities.
“This is our time to take back control of our lives and our financial future. That is why we launched Greenwood, modern banking for the culture.”
Check out Greenwood’s website here.
[Via]
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Olivier Martinez Wants Halle Berry to Cover $240K in Legal Fees Amid Custody Dispute.
French actor Olivier Martinez is asking a Los Angeles judge to make his ex-wife, Halle Berry, pay $240,000 in legal fees as their custody battle continues. Martinez allegedly says he can no longer afford the mounting litigation costs, especially after years without landing an acting role.
The request comes less than a week after the former couple received a mixed ruling on custody of their 13-year-old son, Maceo. The latest legal dispute between them is now about Martinez’s finances, and the actor is asking Berry for help paying bills he says are hard to manage.
Court documents have been obtained, and the $240,000 request is made up of two different amounts. Martinez is seeking $176,522.58 for outstanding legal fees and an additional $63,477.42 for anticipated costs. The figures indicate he is asking the court to consider both the costs he has already incurred and the legal work he anticipates will be necessary as the case progresses.
The documents also detail Martinez’s reported financial situation. He says he makes around $776.34 a month in acting residuals, and his monthly expenses are estimated at $17,555.99. He also reported approximately $43,206 in different financial accounts. Martinez is using these figures to argue that he can no longer fund the custody litigation on his own.
One piece of financial information in the filing is his disclosed residual income, but this does not represent all income sources available to him. The documents as described are a snapshot of the financial information Martinez is relying on to make his request, not a full accounting of all possible earnings.
The request adds another financial issue to an ongoing custody dispute involving their son, Berry said. The ex-spouses recently received a mixed ruling, and Martinez’s latest filing indicates that legal fees remain a major concern as they work through issues involving Maceo.
That’s $240,000, which is a lot of money, but the request itself is not a court order. Martinez is asking a judge to make Berry pay for the costs, but the information provided does not indicate that the court has approved the request or decided how the fees should be split.
His filing also points to the financial strain that can come with drawn-out family court fights, especially when one party claims their resources are no longer adequate to cover the expenses. Martinez argues that, based on the income and expenses reported, he can’t keep paying the bills without help.
It is not known whether Berry will be asked to contribute. Martinez is now seeking a financial arrangement that will allow him to continue the legal process, and the court is due to consider his request as part of the ongoing legal dispute between the former couple.
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Cardi B Rips NYC Bullying After Death of Bronx Teen Javits Frimpong
Cardi B is speaking out on bullying in New York City after 15-year-old Bronx student Javits Frimpong was shot and killed. The rapper spoke out against the teen’s death and slammed what she called a bullying culture in the city on a livestream caught by “Hollywood Unlocked.”
Based on the information provided, Frimpong, a 15-year-old student from the Bronx, was shot and killed this week. Cardi B spoke about the case in a social media livestream, using the moment to highlight her concern about the environment young people face. She focused on bullying and what she thinks it does to life in New York City.
The rapper said the situation makes her reluctant to raise her children in the vicinity of a New York public school or in what she called the city’s ‘hoods’. She spoke out of concern about safety and the social pressures young people may feel. The information provided does not give any more details about the circumstances of Frimpong’s death or the investigation into the shooting.
Cardi B’s response also fits into her broader pattern of speaking freely on social media about personal matters and events around her. She is also talking about a tragedy involving a young student and what she sees as a larger issue facing the city. She spoke about bullying, which she said was a concern in the environment.
The account also said that A Boogie Wit Da Hoodie addressed Frimpong’s case. Details of his remarks are not included in the information, but his response adds another Bronx-connected artist to those reacting to the death of the teenager.
The incident has caught the attention of people in the music community, and Cardi B’s comments have sparked discussion about bullying and concerns for young people’s safety. She spoke emotionally and directly, in response to the death of a teen from her home borough.
The information released does not link bullying to the circumstances of the shooting, nor does it include any information on suspects, charges, or official findings. These are things outside the scope of the account given. Frimpong’s death has sparked public reaction, including Cardi B’s criticism of what she sees as a damaging culture for young people in New York.
The tragedy also prompted Cardi B to express concern about the environments children grow up in. Her comments about public schools and city neighborhoods revealed her fears as a parent. The public reaction to Frimpong’s death continues to attract attention, and her comments have brought wider discussion about bullying into the public response.
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