Sunday, June 3, 2012

How the "Job Creators" REALLY Spend Their Money

"Marketwatch estimates that over 90% of the assets owned by millionaires are held in a combination of low-risk investments (bonds and cash), the stock market, and real estate. According to economist Richard Wolff, about half of the assets of the richest 1% are held in unincorporated business equity (personal business accounts). The Wall Street Journal notes that over three-quarters of individuals worth over $20 million are invested in hedge funds."

http://www.commondreams.org/view/2012/05/29-1

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