If you talk to savers who are earning a negative interest rate on their savings (when inflation is factored in) and people who lost their homes during the last down turn in the economy, banks are mean, ugly giants.
(PRWEB) April 08, 2013
In a new expert survey conducted by finance site GoBankingRates.com, in which major authorities in business and finance discussed the current reputation of the banking industry, Robert Kiyosaki provided exclusive commentary regarding how Americans view big banks.
Kiyosaki stated, "Have the reputation of banks been damaged? That depends upon who you talk to. For the rich, the big banks are their best friends. With low interest rates and banks handing out money to anyone with strong financials, banks are loved by the rich."
However, Kiyosaki explained further, "If you talk to savers who are earning a negative interest rate on their savings (when inflation is factored in) and people who lost their homes during the last down turn in the economy, banks are mean, ugly giants."
Other experts who participated in the survey include Donald Trump (The Trump Organization), Danielle Douglas (The Washington Post), Sallie Krawcheck (past President of Merrill Lynch, US Trust, Smith Barney), Felix Salmon (Reuters), and a number of top personal finance bloggers.
For questions about this report or to schedule an interview with a GoBankingRates editor, please use the contact information below.
About Robert Kiyosaki
Robert Kiyosaki is an American businessman, motivational speaker, author, financial literacy activist, and financial commentator. Best known for his series of Rich Dad books, Kiyosaki recently co-authored The Midas Touch with fellow expert Donald Trump.
GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. GoBankingRates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.
Jaime Catmull, Director of Public Relations