[lbo-talk] Income gap grows between white, black families in US

Michael Smith mjs at smithbowen.net
Tue Nov 13 17:09:35 PST 2007


On Tuesday 13 November 2007 19:27:42 Jordan Hayes wrote:


> I also recall reading (maybe even here?) that black families, for the
> same income levels as white families, are more risk averse in their
> approach to investing, and thus wind up even further behind because, I
> suppose, ya gotta be in it to win it.

It's an ill wind that blows nobody good. If the financial markets really plotz, it'll narrow the gap, right?



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