At Democracy in America, a look at Pew's new numbers on the drop in median wealth between 2005 and 2009.
Hispanic households saw the largest decline, 66%. As dramatic as that drop is I was more startled by the disparity in median wealth between ethnic groups--the median white household has nearly 20 times more wealth than the median black or Hispanic one. There are a lot of possible factors in that--geographic distribution, systemic/historical inequity, educational attainment, family structures, etc--but one that strikes me (also from the Pew results) is that white households were significantly more likely to own their home than African-American or Hispanic families (about 75% for the former, compared to roughly 50% for the latter). The housing fall was a major culprit in the wealth loss between 2005 and 2009 but with a longer time horizon (or for people who bought before the bubble) homeowning is probably still a plausible path to wealth accumulation--possibly because of the enforced savings mechanism?