Race and the Subprime Crisis: The Future of Minority Neighborhoods | The New School

Race and the Subprime Crisis: The Future of Minority Neighborhoods | The New School
THE NEW SCHOOL | http://www.newschool.edu

Some critics blame the Community Reinvestment Act for the mortgage meltdown that prompted the current deep recession. Others point to the abuses of subprime lending and Wall Street manipulation. Yet questions about the impact of the economic collapse on African American communities—and about the future of neighborhood stability, consumer access to credit, and the role of race in public policy—remain unanswered. As the federal government acts to reverse the economy's decline, what have we learned, and what does the future hold?

These are some of the issues that will be covered in the Milano and the Center for New York City Affairs 2009 Nathan W. Levin Lecture.

Featuring a keynote by Hon. Maxine Waters, U.S. Representative (D-Calif.)
And a discussion with: • James Carr, COO, National Community Reinvestment Coalition. • Sarah Ludwig, Executive Director, NEDAP. • Louis Prezeau, President & CEO, City National Bank.

Moderated by: Darrick Hamilton, Assistant Professor, Milano The New School for Management and Urban Policy.

MILANO THE NEW SCHOOL FOR MANAGEMENT AND URBAN POLICY | http://www.newschool.edu/milano

Center for New York City Affairs | http://newschool.edu/milano/nycaffairs

Established in 1989 in honor of the late Nathan Levin, a trustee and acting president of The New School, the Levin Lecture explores the issues of race, poverty, and public policy.

This event is made possible thanks to the generous support of the Federal Home Loan Bank of San Francisco.

Category:

Education

Tags:

• The New School
• New School University
• New School
• James Carr
• Sarah Ludwig
• Louis Prezeau
• Darrick Hamilton
• Race in America
• Minority Neighborhoods
• Politics
• Finance
• Mortgage Meltdown
• Recession
• Subprime Lending
• Wall Street
• Economic Crisis
• African American
• Latino
• Credit

[bleekblock]

Hey Maxine - you help create the subprime behemoths like Ameriquest, Countrywide and Wilmington Finance!

[bleekblock]

Gee Maxine! Why do you think they wrote so many bad loans - because of you and Barney frank!

[bleekblock]

Maxine Waters is one the of the people responsible for the subprime meltdown and the collapse of 2008.

[BlacksAreBeautiful]

I wonder why Mrs. Waters voted against HR 1207, the auditing of the FED! That would have been really speaking truth to power!

[ricklickme]

rep yo hood mz maxine, you corrupt bent thief