Wealth of American Families Fell 18% in 2008

By Peter Cervieri in briefsNews on March 15, 2009

According to Fed Chairman Ben Bernanke, in an interview with 60 Minutes, American families were 18% poorer by the end of 2008 than when the year first started.

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Peter Cervieri is co-founder of and Director of Business Development for ScribeMedia.Org. He has many fetishes. Among them is collecting business cards.

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