Edward on Saturday at Byers Field at 1 p.m.

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It was his first company-wide communication with employees since succeeding Edward Whiteacre Jr. as CEO on Sept. 1.

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Saunders said he believed that in contrast to Beatrix, Britain's Queen Elizabeth would never abdicate, because of the 1, 000 years of history behind her, and the trauma of her uncle, King Edward VIII's abdication.

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According to data compiled by economist Edward Wolff in 2007, 99% hold about two-thirds of American wealth, meaning the top 1% has nearly a third.

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