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Markets & Stocks
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Trust: Is it back?
The White House, Congress, and the SEC are each taking steps to restore confidence -- but whether it's working is open to debate.
August 28, 2002: 4:11 PM EDT

Enron, Tyco, Global Crossing, Adelphia, WorldCom. There has been one major scandal after another, making already nervous investors even more jittery. In response, President Bush, Congress and the Securities and Exchange Commission have taken steps to try and restore faith. Has any of it worked?  Top of page


Justin Lahart says:


"Even in the face of an uncertain economic future, sentiment has gotten better. The corporate bond market has improved markedly. And stocks? The Dow didn't rally 260 points Aug. 14 for nothing."
(see full story)
 
Paul R. La Monica says:


"The only thing that can truly bring back confidence is time. Until it becomes clear that all guilty parties have been singled out and will be severely punished, investors' continued distrust appears justified."
(see full story)






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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.