The Racial Wealth Divide

According to a new study released by the Pew Research Center, in 2009, the year of the study, the typical African American family had $5,677 in wealth, compared to the typical white household with $113k. The recession has just made things worse. So what happened to black wealth? How did the gap between the races grow so wide? And how do we get back on the economic road to wealth recovery? On the next Another View, reknowned economist, author, journalist and president of Bennett College for Women, Dr. Julianne Malveaux talks about the history of black wealth in this country and her new book, "Surviving and Thriving: 365 Facts in Black Economic History". Financial expert Yvonne Allmond also joins us with specific information on the steps you need to take to begin to build wealth. Plus, Lisa Godley brings us the story of Navy diver Carl Brashear and the efforts to keep his legacy alive. It's all on Another View, Friday at noon on 89.5 WHRV-FM, or whrv.org.