Feb 11, 2016 ... "Turns out that the African-American community and Latino community were hit  especially hard," Sanders said. "As I understand it, the African-American  community lost half of their wealth as a result of the Wall Street collapse." That  claim stood out to us. Is it true that black wealth was slashed so dramatically ...
Feb 18, 2016 ... “As I understand it, the African-American community lost half of their wealth as a  result of the Wall Street collapse.” –Bernie Sanders, Democratic debate on PBS,  Feb. 11, 2016. The intensifying competition for minority votes was evident during  the most recent Democratic debate, where Bernie Sanders and ...
Feb 12, 2016 ... In a presidential debate on Friday, the Vermont senator said: "As I understand it,  the African American community lost half of their wealth as a result of the Wall  Street collapse," adding that the country's Latino and Hispanic populations were  also hit hard by the 2007-2008 recession. The issue of minority ...
The causes and consequences of the subprime boom, housing market collapse,  and financial crisis .... and communities, resulting in a noticeable lack of ... their  homes. Blacks and whites both have a considerable portion of their assets in  home equity, but for blacks, it is a far more important part of their wealth portfolio.
Jul 24, 2014 ... According to a 2013 report by researchers at Brandeis University, “half the  collective wealth of African-American families was stripped away during the Great  Recession.” It was a startling ... As early as 2005, the Wall Street Journal reported  that blacks were twice as likely to receive subprime loans. And in a ...
The African-American community lost half of their wealth as a result of the Wall Street collapse.