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Wealth disparity between whites and minorities at 25-year high, recession to blame: study (New York Daily News)

Quoted: “What?s pushing the wealth of whites is the rebound in the stock market and corporate savings, while younger Hispanics and African-Americans who bought homes in the last decade – because that was the American dream – are seeing big declines,” said Timothy Smeeding, a University of Wisconsin-Madison professor who studies income inequality.