Confidence in Banks
09/14/2009Lehman Brothers declared bankruptcy a year ago, and the next day the Dow fell 500 points. The Gallup Organization has been asking about confidence in banks since 1978, when 55 percent of those polled had a great deal or quite a lot of confidence in them. This year, just 22 percent had high confidence. Forty-nine percent expressed some confidence in banks, and 29 percent said they had hardly any or no confidence in banks.
Source: The Gallup Organization, June 2009.