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Hispanics and blacks counted housing equity as a much bigger part of their assets than whites. The recession and financial crisis of 2008 wiped out fully two thirds of the median net worth of Hispanic families and one half for Black families, with both groups having close to $6000 in total median net worth in 2010, according to data from Pew surveys.The recession has proved to be severe in its impact on minorities, and the election of a black president has done little to improve things- especially considering the dismal record of the Obama administration in helping prevent foreclosures.
Grouped Articles
Racial Wealth Gap Widened During Recession
New York Times 04.28.2013
A Toxic Subprime Mortgage Bond's Legacy Lives On
Wall Street Journal 09.13.2013
Obama, Empathy and the Midterms
New York Times 09.25.2010
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05.16.2014
Economic Recovery Yields Few Benefits for the Voters Democrats Rely On
New York Times 05.19.2014
Geithner Book Reveals Consensus, Not VIsion, During Financial Crisis
New York Times 05.21.2014
New York Times 05.04.2009
Frustrated Hispanics Are Down on This Year’s Midterms
Wall Street Journal 10.17.2014
Blacks, Obama and the Election
New York Times 11.02.2014
Unrest Over Race Is Testing Obama’s Legacy
New York Times 12.08.2014
Obama, at Selma Memorial, Says, ‘We Know the March Is Not Yet Over’
New York Times 03.07.2015
Job Growth for Hispanics Is Outpacing Other Groups
New York Times 03.08.2015
Public-Sector Jobs Vanish, Hitting Blacks Hard
New York Times 05.24.2015
Not There Yet on Equal Opportunity
Wall Street Journal 10.21.2015
The ‘hollowing’ of the middle class? - The Washington Post
Washington Post 01.04.2016
Proud of Obama’s Presidency, Blacks Are Sad to See Him Go
New York Times 03.12.2016
Wealth gap widens between whites, minorities, report says - The Washington Post
Washington Post 07.26.2011
Recession Study Finds Hispanics Hit the Hardest
New York Times 07.26.2011
Bloomberg to Use Own Funds in Plan to Aid Minority Youth
New York Times 08.03.2011
Hispanic Families, Isolated and Broke
New York Times 08.04.2011
What Happened to Obamaâs Passion?
New York Times 08.06.2011
Why the center-left is fed up with Obama - The Washington Post
Washington Post 08.11.2011
Obama as a Hope, and as a President
New York Times 08.10.2011
Schneiderman Is Said to Face Pressure to Back Bank Deal
New York Times 08.21.2011
New York Times 08.22.2011
Martin Luther King Jr. Would Want a Revolution, Not a Memorial
New York Times 08.25.2011
What would MLK say to President Obama? - The Washington Post
Washington Post 08.28.2011
Minorities become a majority in Washington region - The Washington Post
Washington Post 08.31.2011
U.S. Moves Closer to Minority Majority
Wall Street Journal 08.31.2011
Voter Discontent Deepens Ahead of Obama Jobs Plan
Wall Street Journal 09.06.2011
Obama faces growing discontent among black voters - The Washington Post
Washington Post 09.24.2011
For First Time, Largest Group of Poor Children in U.S. Are Latino, Report Finds
Wall Street Journal 09.29.2011
As Public Sector Sheds Jobs, Black Americans Are Hit Hard
New York Times 11.28.2011
No Money for a Living Wage? But Fat Abounds
New York Times 11.29.2011
Income gap stays wide in District, narrows in suburbs - The Washington Post
Washington Post 12.08.2011
Rightly targeting income inequality - The Washington Post
Washington Post 12.08.2011
New York Times 01.02.2012
Wall Street Journal 01.20.2012
Homeownership Rate Declines to 15-Year Low
Wall Street Journal 05.01.2012
Minority Births Are New Majority
Wall Street Journal 05.17.2012
Texas Lending Law Shielded Many Homeowners From Housing Bust
New York Times 05.25.2012
Washington Post 06.10.2012
Readers respond: Still waiting for our first black president - The Washington Post
Washington Post 06.10.2012
Obama Faces a Frustrated Hispanic Electorate
New York Times 06.10.2012
Washington Post 06.12.2012
Washington Post 07.09.2012
Wells Fargo, Justice Department settle discrimination case for $175 million - The Washington Post
Washington Post 07.13.2012
Roseland, Where Obama the Politician Was Born
New York Times 08.15.2012
Washington Post 08.17.2012
New York Times 09.29.2012
Poll shows widening racial gap in presidential contest - The Washington Post
Washington Post 10.26.2012
New York Times 10.27.2012
Taxing Wall Street Down to Size
New York Times 01.20.2010
Housing Push for Hispanics Spawns Wave of Foreclosures
Wall Street Journal 01.05.2009
The Martin Luther King dreams that Obama forgot - The Washington Post
Washington Post 01.20.2013
Scholars sketch bleak economic picture for black Americans - The Washington Post
Washington Post 02.02.2013
Economy poll: African Americans, Hispanics were hit hardest but are most optimistic
Washington Post 02.20.2011
Stephane Hessel, 93, Calls for a Time of Outrage in France
New York Times 03.09.2011
Inside Trump Treasury nominee's past life as 'foreclosure king' of California
The Guardian 12.02.2016
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