Tuesday, June 12, 2012

Family net worth plummets almost 40%


By Charles Riley @CNNMoney June 11, 2012: 4:07 PM ET NEW YORK (CNNMoney) -- The average American family's net worth dropped almost 40% between 2007 and 2010, according to a triennial study released Monday by the Federal Reserve.


http://money.cnn.com/2012/06/11/news/economy/fed-family-net-worth/
 
Submitted by Jim Wagner
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1 comment:

  1. HutchJune 12, 2012 at 8:16 AM

    Meanwhile government unions see little reduction in their inflated wages and benefits. And the expect that we pay more taxes to prop up their contracts.

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