Date Added: Oct 2009
Trust in America's financial system continues to edge upward, according to the latest quarterly findings in the Chicago Booth/Kellogg School Financial Trust Index. Most notably, the researchers attributed the positive trend to increased confidence in mutual funds and large corporations, and an overall stable view of the stock market. Despite an overall positive feeling toward local banking institutions, banks in which the government has a stake are trusted the least, with only a 25 percent approval rating. The researchers said this is one symptom of a shift in opinion of government intervention in the financial system.