March 1, 2013
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5:13Now Playing"Bloomberg Businessweek is a genuinely great magazine that does an amazing job of making business and economics news accessible and interesting, but this way of illustrating a cover story about the return of aggressive mortgage lending products is really something else.
The idea is that we can know things are really getting out of hand since even nonwhite people can get loans these days! They ought to be ashamed."*
Bloomberg's Businessweek magazine has a new cover for their issue on a new housing bubble. It shows black and latino caricatures grabbing at money, and it implies they are to blame for the last housing bubble burst. Cenk Uygur and Ana Kasparian break it down.
*Read more from Matthew Yglesias/ Slate:
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