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Tag: 1929


Study: The .01% Is the New 1%

Comparisons between post-2008 America and the economic quagmire of the 1930s have been circulating for years, but a new study out of the London School of Economics sets the country back even further—and moves the decimal point back a couple of spaces on the 1 percent to highlight an even smaller and richer demographic.

Posted on Nov 11, 2014 READ MORE


trading floor
AP photo / Richard Drew

Shades of ‘29?

Thursday was not a good day on Wall Street, with the Dow dropping over 362 points to close at 13,567.87.  Meanwhile, the S&P 500, like the Dow, fell 2.6 percent, and the Nasdaq also took a hit, dipping 2.25 percent by day’s end.

Posted on Nov 1, 2007 READ MORE


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