Jeff Smith noon, March 8
Poll: Americans Distrust Wall Street, but Not Sure about Government
The latest Bloomberg National Poll, released today (March 24) indicates Americans overwhelmingly dislike the financial industry, but aren't sure the government could be trusted to sort out the mess. The poll showed that 57% have a very or mostly unfavorable view of Wall Street and only 25% have a favorable opinion. Banks are disliked by 54% and insurance companies by 60%. Almost two-thirds have a low opinion of U.S. business executives -- almost as low as the respondents' 67% negative view of Congress. However, more than 40% of those polled think government has gone too far in trying to fix the financial industry, versus 37% believing it hasn't done enough.