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When opinion surveys invite consumers to pass judgment on major industries, banks fare surprisingly well — especially when you consider the public’s general distaste for big corporations. Now, though, a survey indicates the subprime mortgage crisis and a possible recession have combined to leave Americans disenchanted with the banking sector.
In Economist/YouGov polling, respondents were asked to say how responsible various people and institutions are “for the country’s current economic problems.” When the survey solicited opinions about “banks and financial institutions,” 47 percent said these are “very responsible” for today’s woes, and another 37 percent said they’re “somewhat responsible.”
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