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Posted by: ETproductions 1 year, 8 months ago

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ETproductions1 year, 8 months ago

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From 1989: Top 1 percent holds 40 percent of wealth - U.S. inequality widening - Editorial
According to new studies reported last week in The New York Times, Federal Reserve figures from 1989, the most recent available, show that the wealthiest 1 percent of U.S. households -- with net worth of at least $2.3 million each -- owns nearly 40 percent of the nation's wealth. By contrast, the wealthiest 1 percent of the British population owns about 18 percent of the wealth there -- down from 59 percent in the early 1920s.
http://findarticles.com/p/articles/mi_m1141/is_...

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