Wednesday 13 June 2012

Family Net Worth Drops to Level of Early ’90s, Fed Says

[caption id="" align="alignleft" width="240" caption="Go Away Federal Reserve System! (Photo credit: r0b0r0b)"][/caption]

WASHINGTON — The recent economic crisis left the median American family in 2010 with no more wealth than in the early 1990s, erasing almost two decades of accumulated prosperity, theFederal Reserve said Monday.

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