CFO Views On ARRA, Fin. Stability Plan
Last week, FEI released updated survey results on the FEI Survey on U.S. Treasury Department's Financial Stability Plan. This relates to the Financial Stability Plan outlined by Treasury Secretary Tim Geithner on February 10(see related FEI summary).
FEI's updated survey results include close to 150 responses from FEI's membership, which includes over 15,000 senior financial executives. (We released preliminary results on Feb. 13 which included 100 responses; the updated results have not changed significantly from the preliminary results.) Some highlights from the updated results released yesterday (note: Financial Stability Plan abbreivated as FSP below):
15% believe the FSP will help their company
28% believe the FSP will help the economy
15% believe the FSP will make credit more readily available
For more detailed survey results of the FEI survey on the FSP, read here.
Separately, another organization, CFO.com published the results of a small survey it conducted for anecdotal evidence on CFO views on the American Recovery and Reinvestment Act of 2009 (ARRA), the $787 billion economic stimulus plan. Read more in the article by Kate Plourd and Sarah Johnson published in CFO.com last week, Cheered by Obama Talk, CFOs Still Fret Lack of Detail. If you would like to receive our blog by email, send an email to firstname.lastname@example.org and write in subject line: Sign Up.