U.S. execs forecast bleak 2009

Most CFOs say they don't expect the economy to recover before late next year, and 40% say it won't bounce back before 2010, according to a survey by Duke University and CFO Magazine. Meanwhile, 81% of HR and finance professionals polled by Mercer LLC expect their companies' performance to decline, and more than 30% said they planned "significant workforce reductions."

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