Respondents think that institutions, rather than consumers, are responsible for the global financial meltdown. Americans think that the private sector is mostly responsible for the ongoing global financial crisis, a new Angus Reid Public Opinion poll has found. In the online survey of a representative national sample of 1,004 American adults, 58 per cent of respondents say banks and financial institutions share most of the blame for the crisis that unraveled in 2007-2008; an additional 32 per cent think they are at ... | Read More

Four-in-five respondents are personally frustrated with the way the banking industry has behaved over the past two years. A large proportion of Americans blame banks and financial institutions for the global financial crisis, and four-in-five believe U.S. President Barack Obama was right to describe Wall Street bankers as “fat cats”, a new Angus Reid Public Opinion poll has found. In the online survey of a representative national sample of 1,002 American adults, three-in-five respondents (63%) believe banks and financial institutions who took ... | Read More

Most respondents feel “anger” when they hear about multi-million dollar salaries and record bonuses on Wall Street. A new Angus Reid Public Opinion poll shows that a large majority of Americans endorse the concept of a salary cap on executive pay. Within the first month of his tenure as President, Barack Obama imposed a $500,000 salary cap on executive pay for institutions that were receiving taxpayer funds. Obama stated that it was necessary to end a system of "executives being rewarded for ... | Read More