DO NOT PASS GO…

Main Street tells Wall Street: Go Directly to Jail!

A survey of CEOs and Business Leaders on Main Street – conducted two days after the first Bailout – found that Main Street thinks Significant Jail Time will curb Wall Street’s enthusiasm for financial mischief in the future.

The Nicolet Bank Business Pulse© is a quarterly study of nearly 600 CEOs and Business Leaders on “Main Street” in the Tundra. For 30 consecutive quarters, Nicolet National Bank has been conducting its Business Pulse studies with CEOs in and around Green Bay, Wisconsin (Main Street, indeed). Recent findings show:

81% of the CEOs say Wall Street bears Major Responsibility for the current mess on Main Street; 54% ascribe Major Responsibility to Congress.

60% say Significant Jail Time and Fines would be effective, preventive measures; 38% prefer stricter enforcement of existing laws; 31% want restrictions on CEO incentives and compensation!!

25% want to increase federal regulation of financial institutions and 13% want mandatory restructuring of boards of directors.

Clearly, conservative Main Street is, “Mad as Hell…”
Skip the ‘Perp Walk – Go Directly to Jail!

How this Study is Conducted: Nicolet Bank Business Pulse © is a Quarterly Study of CEOs Up on the Tundra. Participants include: 27% in manufacturing; 24% in services; 18% retail trade; 4% wholesale trade; 5% finance, real estate, insurance; 5% in transportation, communications, utilities; 5% in construction; 11% in other industries. 21% have fewer than 6 employees; 34% have 6-25; 15% have 26-50; 12% 51-100; 11% 101-250; 2% 251-500; 4% 501-1,000; 2% have 1,001 or more. Methodology Questions to Dr. David G. Wegge: (920) 217-7738; david@intellectualmarketing.com