CFO survey: optimism tumbles, employment picture bleak

Optimism about the U.S. economy has fallen back to recession levels among chief financial officers, who foresee minimal increases in hiring, weak consumer demand and heightened economic uncertainty, finds a Duke/CFO Magazine ...

Financial restructuring in fresh-start chapter 11 reorganizations

The effectiveness of the existing bankruptcy code has long been a source of vigorous debate. More and more lately, high-profile firms like General Motors, Enron, and K-Mart are seeking protection from creditors through Chapter ...

China first out of global financial crisis, says leading expert

China is the first major economy to start emerging from the global economic crisis, according to Dr Nicholas Lardy, Senior Fellow at the Peterson Institute for International Economics at Washington DC. This recovery is a ...

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