This Land Is Their Land
Poor Like Ken
Lay
A survey of public records and private advocacy groups yields the following financial portrait of the American recession:
Number of millionaires: 2.5 million
Number of billionaires: 298
Richest family: the Waltons
Size of their Walmart fortune: $85 billion
Second richest: Bill Gates, $63 billion
Annual take for Enron's Ken Lay: $49.8 million
Percentage of Americans without pensions: 53
Average percentage lost by a 401(k) last year: 10
Number of people without health care: 43 million
Highest-paid CEO: Michael Dell
His total annual compensation: $235.9 million
Dollar ratio of CEO pay to that of minimum-wage workers: 728:1
People filing for unemployment: 390,000
Number of people who go hungry every day:31 million (including 12 million children)
People spending more than half their income for housing: 5.4 million
Percentage of people who own their own homes: 68
Number of properties owned by Ken Lay: 18, valued at $30 million
http://www.villagevoice.com/issues/0206/ridgeway.php
THE END
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