2008 3rd Quarter: Baruch Business Report

"The Baruch Business Report offers a conversation between John Elliott, Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe Professor of Finance and International Business in Zicklin. The discussion explores the results of the 3Q08 “Chief Financial Officers Outlook Survey,” conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business.

As the full scope of the global financial crisis became clearer in the third quarter of 2008, more than 80% of participating CFOs stated their support for increased oversight in the market. CFOs also continue to cut back on expenditures in hiring and technology, bracing for what Professor Martell predicted would be a “very difficult (time) for several quarters.” The full survey results are available on Baruch College’s website at http://www.baruch.cuny.edu/cfosurvey/."