In 1989, a Bomb Was Dropped on the Boston Banking Industry when a FED Study of Neighborhood Lending Patterns Provided Evidence of Discrimination

Introduction
Over the past several decades there has been concern about the creation of "ghettos" of various kinds in urban America - and about the contribution of lending institutions to this process. For inner-city minorities it has often been particularly difficult to get funding for home purchases or to finance business - despite a number of governmental and industry efforts to reverse or offset this situation. Part of this problem sometimes stem from discrimination - including unintentional, but real actions on the part of lenders.
What is the case about?
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