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Bernanke: Minorities Need To 'Strengthen Their Financial Literacy'

http://voices.washingtonpost.com/economy-watch/2009/04/berna...

Bernanke: Minorities Need To 'Strengthen Their Financial Literacy'

American minorities need to "strengthen their financial literacy," Fed Chairman Ben Bernanke told students and faculty at Atlanta's historically black Morehouse College in Atlanta today.

On a day when President Obama delivered an Economic Crisis 101 lecture to students and faculty at Georgetown University, Bernanke was doing the same thing in Atlanta.

During an expansive Q-and-A session with Morehouse students after his speech, Bernanke was asked about the household wealth gap between whites and blacks in