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Final Note

SAC Capital founder plummets to No. 59 on rich list

Kai Ryssdal Nov 4, 2013
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Final Note

SAC Capital founder plummets to No. 59 on rich list

Kai Ryssdal Nov 4, 2013
HTML EMBED:
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These final notes on the way out can be seen as key data points on the state of the American economy.

The first comes to us from the Wall Street Journal, which happened upon some research showing the percentage of Americans over the age of 16 who say they don’t want a job.

The top-line number? 34.3 percent of people over the age of 16 say they just don’t want to work at all.

In addition, Tim Fernholz, a reporter at Qz.com, reported that the fine paid by SAC Capital’s owner, Steven A. Cohen, will drop him from the 45th richest American to the 59th richest.

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