Majority Blame Banks in Financial Crisis
A large majority blame banks for the U.S. financial crisis in a new survey conducted by Money Journal.com.
A large majority of Americans blame U.S. banks for the financial crisis and its long lasting turmoil, according to a new survey by MoneyJournal.com, an independent website produced by a group of financial journalists. More than half of those polled or 54% blame bankers almost five years after the crisis reached its peak.
Money Journal regularly surveys visitors to its website on a variety of issues related to the economy to judge the pulse of consumers. The poll clearly shows that there’s plenty of blame to go around for the troubled economy, which is still reeling from issues years after the U.S. economy nearly collapsed.
Nearly one in three polled blamed politicians. Congress has been unable to do much work at all since President Barack Obama took office. The remaining 15% blame Wall Street for leading the nation on a reckless path. More than four years after financial markets crashed and the housing market fell to its lowest levels since the Great Depression, only three financial executives have been sentenced to prison for crimes related to the crisis.
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