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Thursday, March 24, 2011

Less Wealth

Data on how the Great Recession adversely affected the wealth of an average family .

CNN: Household wealth down 23% in 2 years - Fed
...the median net worth of households fell from $125,000 in 2007 to $96,000 in 2009.


Families that owned stock saw their portfolios drop by more than a third to $12,000 from $18,500...

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