American households lost $1.33 trillion of their wealth in the first three months of the year as the recession took a bite out of stock portfolios and dragged down home prices.
editor@mercurynews.com (By JEANNINE AVERSA , San Jose Mercury News
Thu, 06/11/2009 - 2:28pm
American households lost $1.33 trillion of their wealth in the first three months of the year as the recession took a bite out of stock portfolios and dragged down home prices.