RACE IN AMERICA: Businessweek apologizes for racist cover photo accompanying its cover story about the return of aggressive mortgage lending products is really something else. In other words, the cover is sending the message that minorities will return to purchasing houses again. Really?
“Our cover illustration last week got strong reactions, which we regret,” Josh Tyrangiel, the magazine’s editor, wrote in a statement sent to POLITICO. “Our intention was not to incite or offend. If we had to do it over again we’d do it differently.” Source
From the apology, they don’t seem to regret the meaning behind the cover. They would just have presented it differently. Enough said. They just lost a reader.
Here’s Businessweek’s racist magazine cover: