Blacks in US face greatest loss of wealth in US history


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Blacks in US face greatest loss of wealth in US history
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    Views: (729)   Date: (12-11-09)   Time: (00:07:01)
  • Description: aside from slavery, right?? Report: Subprime Mortgage Crisis Causing African Americans to Experience Greatest Loss of Wealth in Modern US History A startling new report has predicted the subprime mortgage crisis will cause people of color to lose up to $213 billion, leading to the greatest loss of wealth in modern US history. The figure appears in a new report from United for a Fair Economy called "Foreclosed: The State of the Dream 2008." The group accuses mortgage lenders of ...

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