Hearsay With Cathy Lewis

American society has made many advances in the area of racial equality, but one realm where progress has been stagnant is the area of asset building. A recent study showed that, while non-white wealth has increased, the wealth disparity between white and black households has more than quadrupled. Guest host Barbara Hamm Lee will consider the racial barriers that impede asset building and the impact that the recession has had on American wealth regardless of race. Guests: Tom Shapiro, Director of the Institute on Assets and Social Policy at Brandeis University, Lori Irwin, Director of Live$mart, a financial stability initiative convened by the United Way of South Hampton Roads and Wil LaVeist, a keynote speaker for the Urban League of Hampton Roads.