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If the survey cited below is correct, it's going to be
tough up go up.
++++++++++++++
Post-Enron, Investors Question Management's Trustworthiness
Forty-three percent of active, individual investors have less
confidence in the stock market in the aftermath of Enron,
according to a survey
http://lists.businessfinancemag.com/cgi-bin3/flo?y=eLBl0C5yAd0BSg0rms0AD
sponsored by TowersGroup, a PR and reputation-management firm
based in New York.
And only 23 percent of American investors believe strongly in the
stock market's ability to reflect the fair value of stocks. The
survey asked investors to rank the honesty and integrity of
investment advice providers, auditors and corporate management on
a one to five scale, with one being the lowest. Thirty-six percent
of respondents gave lowest marks (one or two) to corporate management,
and 33 percent gave them to directors. The only groups receiving as
low or lower trust scores were insurance salespeople, who got the
bottom rankings from 51 percent of respondents, and stockbrokers,
who tied management with 36 percent of investors handing them the
lowest marks.
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