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Wall Street Despised in Poll Showing Majority Want Regulation - Bloomberg.com
Most people interviewed in the Bloomberg National Poll say they dont like Wall Street, banks or insurance companies and favor letting the government punish bankers who helped cause the worst financial crisis since the Great Depression. ...
As the country struggles with a 9.7 percent unemployment rate while financial stocks surge, 57 percent of Americans have a mostly unfavorable or very unfavorable view of Wall Street, versus fewer than one-quarter who have a favorable opinion. Banks are viewed badly by 54 percent of poll respondents, and 60 percent have a negative opinion of insurance companies.
Disdain for Executives
The poll also shows most Americans dont like the nations top corporate bosses. Almost two-thirds say they have an unfavorable opinion of business executives, a rating that rivals the publics disdain for Congress, which was viewed with disfavor by 67 percent of respondents. ...
Low esteem for financial firms was reflected in resentment of big paychecks on Wall Street.
Fifty-six percent of those polled say they would support government action to limit compensation of those who helped cause the financial crisis, or to ban those people from working in the banking industry. ...
Wall Street Despised in Poll Showing Majority Want Regulation - Bloomberg.com