Businessweek Magazine’s New Cover Called “Racist & Offensive”

Cover depicts a stereotypical African-American family

The latest issue of Bloomberg Businessweek, features an article regarding the return of aggressive mortgage lending products. But it’s the cover, not the article that’s raising some eyebrows.

The cover (shown below) features an African-American family in stereotypical poses, inside a house filled with cash.

Some wonder if the cover is a reference to the myth that the housing bubble was the caused by banks granting mortgages to Black families who normally would not qualify.

Bloomberg, the publisher of Businessweek has not issued a comment regarding the cover.

 

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