WaMu and diversity

Failed bank ranks in the top ten of Hispanic Business’ Diversity Elite.

53% of Los Angeles's adult population — 3.8 million people — are functionally illiterate.

Under Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton’s secretary of Housing and Urban Development, Andrew Cuomo, investigated Fannie Mae for racial discrimination and proposed that 50 percent of Fannie Mae’s and Freddie Mac’s portfolio be made up of loans to low- to moderate-income borrowers by the year 2001.