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Net Worth of American Households Plunges By $2.4 Trillion In Third Quarter

December 9, 2011 By Problem Bank List Staff Leave a Comment

Those looking for a rebound in either real estate prices or the wealth of the American consumer were sorely disappointed after the release of the Federal Reserve’s Flow of Funds Accounts for the third quarter 2011. The net worth of Americans plunged by $2.4 trillion in the third quarter.  Keep in mind that the entire […]

Filed Under: Banking News, featured, Financial Crisis, Struggling Homeowners Tagged With: debt, home values, housing prices, net worth, problem banks

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