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Bloomberg Businessweek cover blasted as offensive for depictions of Hispanics, b


               
2013 Feb 28, 7:50am   802 views  1 comment

by RealEstateIsBetterThanStocks   follow (1)  

http://nbclatino.com/2013/02/28/bloomberg-businessweek-cover-blasted-as-racist-for-depictions-of-hispanics-blacks/?source=Patrick.net

It is highly offensive and inaccurate with an intent to promote and perpetuate the myth that communities of color were undeserving of the credit and housing they received and are to blame for the housing crisis, when in reality the opposite is true. They were targeted with predatory loans.” Bloomberg Businessweek tells NBC Latino it regrets the cover, dated February 25. “Our cover illustration last week got strong reactions, which we regret,” said editor, Josh Tyrangiel in a statement. “Our intention was not to incite or offend. If we had to do it over again we’d do it differently.

#housing

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1   Tenpoundbass   2013 Mar 1, 4:03am  

Obviously the McMansion class were the biggest undeserving of all.
At least many of them still made enough money to pay the mortgage regardless of what the home value was. They simply walked away, after taking the advice of every financial publication to "Walk away" or "Strategically Default".

I would love to see every damn one of them that took that advice get sued for the money the banks lost. Then I'd love to see these same people sue the pants off of every publication that published such rubbish as financial advice.

CNN, MSNBC, FOX, ABC, Huffington Post all of them in a huge class action law suit.

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