The Huffington Post's OffTheBus.
Written by Tim Frasca, with additional reporting by Nancy Watzman, Denise Wheeler, and Aaron Williamson.
While the four top Republican presidential contenders missed the Sept 27 debate at Morgan State University in Baltimore organized to address minority issues, they were busy raking in cash from dozens of business and professional elites, including a top Wall Street banking firm that was sued that same week for racial discrimination.
All in all, it was a grand and enriching week for the four white males most likely to represent the Republicans in the 2008 presidential race. Among them, they amassed over $9 million while they were too "busy" to attend the debate at Morgan State.
The most egregious case is that of the banking house of Morgan Stanley that gave money to the three top Republican contenders during the same week of the minority debate. The National Community Reinvestment Coalition (NCRC) filed a civil rights complaint against Morgan Stanley and its mortgage lender subsidiary Saxon Capital three days before the debate. It was the first challenge against a Wall Street mortgage bundler that alleges redlining in minority communities throughout the United States under the Federal Fair Housing Act.
No comments:
Post a Comment