President Obama told chief executives yesterday that averting the fiscal cliff was job No. 1, the New York Times reports. The president signaled his support for business to the dozen leaders who attended yesterday's 90-minute meeting at the White House, but he shied away from specifics on how a compromise can be reached. Some business leaders had the impression that more detailed proposals would be forthcoming.
“I'd say everybody came away feeling pretty good about the whole discussion,” said David M. Cote, chief executive of Honeywell, according to the Times. “Now, all of us are C.E.O.'s, so we've learned not to confuse words with results. And that's what we still need to see.”
See full story here.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
