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Article: One Year After AIG Bailout, Millennials Find Little Trust or Optimism in Their Financial Institutions, Reports Microsoft Survey.
- Article from:
- PR Newswire
- Article date:
- September 30, 2009
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Five out of 10 believe financial industry is unstable and out of touch.
REDMOND, Wash., Sept. 30 /PRNewswire-FirstCall/ -- Of the estimated 80 million people that make up the "millennial generation," only half report they are currently planning to invest in the stock market, savings accounts or 401(k)s, according to a survey released today by Microsoft Corp.
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The Microsoft "Millennials in Financial Services" survey, conducted by KRC Research of Washington, D.C., found that millennials born between 1981 and 2000 have less trust in banking and investment firms since the bailouts of ...