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You Can Run But You Can't Hide

Finance chiefs around the world agree that credit is hard to come by and there is little relief in sight.

March 2, 2009

The recession gives finance chiefs a lot more to fret over than the plight of banks, yet it's impossible to ignore such a vital pillar of the economy, particularly when it is under extreme duress and governments' efforts to help have so far been ineffectual, or worse. But CFOs have to keep their businesses running and can't wait around for banks to be rescued and reformed by regulators. Few, if any, of the CFOs we spoke to for this special section-in Europe, the US and Asia-are taking a wait-and-see approach. Whether they work in manufacturing, services, utilities, distribution, or even banking, they are focused on what they can do today and tomorrow to get business back on track. Read more...

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