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Thursday, October 30, 2008

Corporate finance chiefs prefer McCain: survey

Corporate finance chiefs prefer McCain: survey | Politics | Reuters:
"NEW YORK (Reuters) - Chief financial officers of U.S. companies still prefer Republican presidential nominee John McCain over Democrat Barack Obama by a wide margin...

CFOs are much less optimistic about the U.S. economy and about their own businesses, and expect it will be much harder for their companies to access credit over the next six months, the survey by Financial Executives International and Baruch College's Zicklin School of Business found.

Sixty-two percent said they hoped McCain would win next week's presidential election, compared with 15 percent who prefer Obama....

Twice as many said McCain was best able to handle the economic crisis than said so about Obama, the survey found. The survey, conducted electronically between October 2 and October 17, included responses from 290 corporate CFOs."

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