Subprime meltdown deals a blow to people of color

June 21, 2008  
Written by kenyanobserver in AROUND THE US

Report cites largest drop of wealth in history for people of color in the US as caused by recent sub-prime lending fiasco
The single largest drop of wealth for people of color in the United States occurred in the last 8 years as the mortgage meltdown unfolded. This is according to a report published in January [...]