America’s Banks: Awash in Trouble> “Bankers now face their most strenuous survival test since the Great Depression… because of poor management, overzealous lending and some bad luck…The clearest example…is the growing string of financial failures…American consumers are increasingly concerned about the safety of their money in the bank.” Time, December 3, 1984
“The percentage of affluent Americans [$100,000 or more in investable assets]…hav[ing] “a great deal” or “quite a lot” of confidence in U.S. financial institutions or banks fell to 30% in September from 37% in August.” Gallup, October 1, 2008
