Word: african-american
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Williams, a real estate attorney who organized this week's foreclosure-prevention clinic in his predominantly African-American city north of Miami, knows the Feds aren't likely to approve his proposal. But he wants to get the discussion started - and to keep any pressure he can on lenders. "Even if we can't compel them, we want lenders to know that we're expecting good corporate citizenship in this process," he says. "The real relief in this credit crisis has to be directed at the thousands and thousands of people whose homes we can help save...
...dividends as well. That may be especially true for companies like the San Francisco-based Wells Fargo. Though it didn't indulge in as much subprime lending as other banks, it is being sued by the city of Baltimore for allegedly using predatory lending practices in predominantly African-American neighborhoods that have since seen inordinately high foreclosure rates. (Wells Fargo denies the accusation, and has asked a judge to dismiss the suit.) Countrywide Financial (now merged with Bank of America), which also attended the Miami Gardens clinic, last month settled lender-fraud complaints brought against it by 11 states...
...look at them, on every channel and newsstand. And consider the context. This year the networks announced a schedule of new fall series without a single black lead character. Now America's biggest television show--a family comedy, a West Wing--style drama and true reality TV--has an African-American cast...
...article written just before the election, Alec McGinnis noted in the Washington Post that, in addition to being the nation’s first African-American president, Barack Obama could also break another barrier: He could become the first “metropolitan” candidate in a nation still obsessed with its agrarian heritage. “Would a big-city president address as never before,” McGinnis asked, “the problems of our urban cores—blighted housing, shoddy public transit, dismal schools...
...Wednesday November 4, 2008, Barack H. Obama was elected President of the United States, making him the first African-American to hold our nation’s highest post. A black man had achieved what months ago was considered impossible, and he would go down in history for doing so. As I watched him give his acceptance speech before the multitudes filling Hyde Park, tears sprang to my eyes and only one thought entered my head: “It should have been me.” I began my own campaign for U.S. president at the tender...