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Minorities hit harder by recession.

Publication: The Chicago Reporter
Publication Date: 01-MAY-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Minorities hit harder by recession.(SPINOFFS: Keeping Current)

Article Excerpt
The news:

Federal Reserve Board Chairman Ben Bernanke predicted this spring that the nation's 17-month recession could end "probably this year." Two months later, Fed officials extended the projection to 2010.

Behind the news:

The housing market meltdown coupled with the foreclosure crisis has disproportionately affected the wealth of minorities, who...

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