CFOs Think The Governement Was Right

CFOs Give Thumbs Up to Bailouts

72% of 219 CFOs representing a diverse group of large and small, public and private companies believe that the government did the right thing by bailing out financial institutions Bear Stearns, Freddie Mac, Fannie Mae, and AIG, but that the decision not to rescue Lehman Brothers was reasonable, according to a survey conducted by Financial Executives International and Baruch College's Zicklin School of Business.

SOURCE: Q3 CFO Outlook Study, October 30, 2008, Harvard Business Publishing.