People are losing trust in all institutions
I'm not surprised to see banks having sunk so much with the current financial crisis.
I really recommend watching this recent Frontline documentary on the subject:
http://www.pbs.org/wgbh/pages/frontline/money-power-wall-str...
My first thought when I read the title was, "universities." I was surprised to see nothing about it. I would tend to think the approval rate has gone up due to the increase in attendance. Which is sort of counter intuitive to the self-education movement which seems to be previlant on hacker news.
http://www.globalnews.ca/video/index.html?v=gCdns_7CGf9Wu3_0...
Another example of people having reasons to stop trusting.
If only 22% really trusted America's financial system, Ron Paul would have no problem getting elected.