3 in 4 CEOs believe Obama will fix the economy, but it may take two years

CHICAGO--(BUSINESS WIRE)--In a national survey of senior U.S. business executives by Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations, 74 percent of respondents believe that President-elect Obama will be able to get the country out of the current financial crisis, but it may take up to 24 months.

A quarter (26%) of the respondents do not think that Obama will have any effect on the outcome of the crisis in the next 24 months.

Do you think that President-elect Obama will be able to get the country out of the current financial crisis?

Yes, in the next six months		1.7%
Yes, in the next 12 months		21.7%
Yes, in the next 24 months		50.4%
No, I do not think that the President-elect will have any effect on the outcome of the crisis within the next 24 months		26.1%

To see all the survey findings go to www.GrantThornton.com/BOI2.

The survey was conducted between November 10^th and November 21^st, 2008. More than 450 senior executives from various industries responded to the survey.

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