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Detailed text transcripts for TV channel - MSNBC - 20110216:16:40:00

times more to get subprime loans more likely. a side note on that, subprime means higher interest rates, higher papements, which means less money for basic necessities like food and transportation. it also means the wealth gap widens between minorities and whites. there was a silver lining, though. 2009 number it s show drops in subprime loans in all the categories. afr dan americans and latinos saw the lowest drops here. daunting indications as minority homeownership is already low, just over 40% by some measures. absolutely unbelievable. thank you so much. i m joined now by lanette cal fawny cox, the money coach and contributor to the grio.com. how are you? good. what s going on here, simple racial discrimination? i don t think it s racial discrimination exclusively, though i don t think we can discount that possibility. you have to look at the numbers and look at the overwhelming statistics. i mean, this company, compliance tech, did a massive amount of

Detailed text transcripts for TV channel - MSNBC - 20110216:16:08:00

plummeted as competitors shift to online and digital book sales. so the company plans to close 200 of its 642 stores over the next couple of weeks. they will still honor gift cards while they re under reorganization. thousands of of people gathering in wisconsin s capital, even forcing schools to close over proposed budget cuts. could this spread throughout the country? and it s hard for many americans to get a mortgage as it is, but could minorities be hurting even more? richard lui has been looking into that. you know, chris, there s a new study that shows a grim challenge for minorities as they try to get a home loan for the american dream. most ethnic groups struggle in this category, except for one. other choices.not so much. [ pbht! ] capri sun roarin waters.

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