By Kam Williams
Abacus: Small Enough to Jail is an Oscar-nominated documentary that chronicles an outrageous example of bigotry against the Sung’s Chinese American immigrant family. Patriarch Thomas Sung was inspired by the classic film It’s a Wonderful Life, when he and his family founded the Abacus Federal Savings Bank in 1984 in New York City’s Chinatown.
He wanted to help the people of his community get loans after repeatedly witnessing how other lending institutions were willing take Chinese people’s deposits, but were reluctant to let them borrow money. Abacus flourished over the years, and his daughters, Jill and Heather, joined the family business as executives after they became lawyers. more