Cutting Fat Won't Be Enough To Survive This CrisisJeffrey E. Garten
It will take years to build the "new global financial architecture" that President Clinton and other officials want, but business leaders can't wait that long. Facing slower growth around the world, volatile markets, and fierce competition from products priced in cheap currencies, many CEOs are restructuring their companies. Their efforts, however, are likely to fall short of what's needed.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.