Building on a long-standing suspicion of â€œWall Street
insidersâ€? and corporate bigwigs, Americans are wary of
trusting corporations and brokers with their cash. In a May 2002
Harris Interactive poll, 63 percent agreed with the statement,
â€œBecause people in top management are very important to the
success of a company, I must feel they are trustworthy before I
invest in the company.â€?
Most Americans also believe the business of America is
business. Their faith in capitalism and the potential of reform to
improve the system is still strong, even if somewhat shaken. The
strength of the U.S. economy is tightly tied to patriotic
Regarding the recent scandals and stock upheavals, Americans
are most concerned with their own financial situation, especially
their plans for retirement. People are least optimistic about how
their own portfolios will weather the storm.