NYC Boss

NYC Boss

Bernie Sanders: "The African-American community lost half of their wealth as a result of the Wall Street collapse."

The Truth-o-Meter says: True | Sanders: African-Americans lost half their wealth because of Wall Street collapse

Sen. Bernie Sanders says by addressing economic inequality, he would also correct racial injustices. Sanders railed against Wall Street in his response to a question about race relations in the Feb. 11 Democratic debate in Milwaukee, Wis. "Turns out that the African-American community and Latino community were hit especially hard," Sanders said. "As I understand it, the African-American community lost half of their wealth as a result of the Wall Street collapse." That claim stood out to us. Is it true that black wealth was slashed so dramatically as a result of the financial crisis? Sanders understood correctly. His …

>> More