Detailed text transcripts for TV channel - MSNBC - 20140309:15:38:00
And latinos were targeted more than white families for these subprime loans. it means when the bubble burst, they lost much more of their wealth than did whites and by the way, that added to the already existing disparity. so i think what we're seeing and what we should be worried about something very similar to blackstone, when wells fargo settles with the u.s. government for $175 million for its subprime practices and markets that settlement back to black and latino families in the very communities that have the highest rates of foreclosure as if it's a good corporate citizen, that should wo...
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