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    Back to To the Point

    To the Point

    Who Can We Trust with our Money?

    News coverage of AIG bonuses, Bernie Madoff, CNBC's Jim Cramer and Treasury secretaries with ties to Wall Street has been relentless. Public confidence in banks, insurance companies, money managers and financial reporters has sunk to an all-time low.

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    By Warren Olney • May 12, 2014 • 1 min read

    News coverage of AIG bonuses, Bernie Madoff, CNBC's Jim Cramer and Treasury secretaries with ties to Wall Street has been relentless. Public confidence in banks, insurance companies, money managers and financial reporters has sunk to an all-time low. Searching for safe, reliable investments -- not dependent on government -- Americans bought 600 tons of gold last year, a 42% increase over the year before. The rest are stuck with a troubling question: who can you trust with the money you have left as the financial bloodbath continues? Is it time for consumers to go it alone?

    The full episode

    2 of 3
    The Great Recession and the Erosion of Trust
    1. 1:48Obama Sends Video Outreach to Iran on Persian New Year
    2. 7:46Who Can We Trust with our Money?You’re reading this
    3. 41:20Will the US Do Anything about Darfur?
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Ben Popken

      Co-Executive Editor, Consumerist.com

    • KCRW placeholder

      Peter Cohan

      President, Peter S. Cohan and Associates

    • KCRW placeholder

      Peter Morici

      University of Maryland

      NewsNationalPolitics

    The full episode

    2 of 3
    The Great Recession and the Erosion of Trust
    1. 1:48Obama Sends Video Outreach to Iran on Persian New Year
    2. 7:46Who Can We Trust with our Money?You’re reading this
    3. 41:20Will the US Do Anything about Darfur?
    Back to To the Point