Weather New York, NY +62°F

Regions

Anti-Wall Street sentiment persists- poll

September 21
8:14 AM 2013

A poll conducted by Reuters/Ipsos revealed that anti-Wall Street sentiment continued to persist five years after Lehman Brother's fell. More than 1,400 respondents were surveyed in the US for the poll. Half of those surveyed said that reforms had not been enough to prevent another crisis.

Forty-four percent of the respondents believed that the financial institutions should not have been bailed out by the government. Only 22% believed the government did the right thing. Meanwhile, 53% of those polled thought the bankers were not prosecuted enough while only 15% believed enough had been done to bring them to justice.

One of the respondents said she is angry at Wall Street. Judith Klatt told Reuters, "I can't see any reforms they've done. Nothing's really changed. I'm angry at the government and Wall Street. I think they've both, in plain language, screwed the public and are still doing so."

According to Reuters, the anti-Wall Street sentiment would only put the pressure on regulators and lawmakers to restrain Wall Street's excesses, even if these were only perceived.

© 2017 VCPOST, All rights reserved. Do not reproduce without permission.
Tags
Share

Comments

Join the Conversation

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics