Tuesday, October 7, 2008

Retirement accounts have lost $2 trillion

In this photo provided by John Howe, John Howe, right, his wife Linda, left, and dog Jane are shown in Kingsville, Texas, Tuesday, Sept. 30, 2008. (AP Photo/John Howe)

"Unlike
Wall Street executives, America's families don't have a golden parachute to fall back on," said Rep. George Miller, D-Calif., the panel chairman. "It's clear that their retirement security may be one of the greatest casualties of this financial crisis."

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