Bloomberg Businessweek‘s racist cover on the mortgage market continues to infuriate Blacks and Latinos. California-based consumer-rights group The Greenlining Institute is demanding a meeting with the editors of the magazine as well as New York City Mayor Michael Bloomberg, whose company bought the publication in 2009.
Greenlining is also asking the magazine for demographic data on its staff and management, a more thorough and heartfelt apology, and a follow-up story on the true causes of the housing crisis (bank greed) rather than blaming the collapse on Blacks and Latinos.
The cover showed a caricature of Black and Latino people literally rolling in cash because of the improved housing market.
