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Stock impact report

A White author calculated just how much racism has benefited her. Here's what she found [CNN]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CNN
Journalist and author Tracie McMillan did the math: The advantages she's gotten over her life from being White, she estimates, amount to $371,934.30. To calculate that number , McMillan tallied those benefits and divided them into two categories: A family bonus, which includes money her parents spent on her college tuition, educational loans she got from her grandfather and an inheritance; and a social bonus, which includes jobs, apartments and access to credit she's gotten throughout her life. Those resources and capital, she concludes, wouldn't have been available to her if it weren't for her race. In her new book, “ The White Bonus: Five Families and the Cash Value of Racism in America ,” which publishes Tuesday, McMillan traces just how much of her family's modest wealth can be attributed to policies and practices that have systematically hurt Black Americans. Through investigative research, interviews and personal recollections, McMillan examines how racism has shaped he Show less Read more
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