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Read BusinessWeek Magazine, November 17, 2008 Online

Top Stories
The Changes Business Wants from Obama
What would help U.S. companies survive—and thrive

The enormous victory won by Senator Barack Obama in the Presidential race came from the backing of voters desperately unhappy with the state of the economy and eager for new direction from the top.

Many in business, though, still view the President-elect with a wary eye. (Perhaps the markets do as well: The Dow dropped more than 400 points the day after Obama's election.) Indeed, if a recent survey by Chief Executive magazine is any indication, Obama has his work cut out for him in wooing America's executives.

In a survey of 751 CEOs published in October, the magazine found that 74% feared the consequences of an Obama Presidency, vs. just 19% who worried about John McCain assuming the Oval Office.

The surveyed executives feared that Obama's emphasis on big government and his plans to hike capital-gains taxes on big earners would stifle growth and job creation. They also worried he doesn't understand the links between trade and growth well and that he will not be aggressive enough in solving America's immediate energy crisis. ...

Emerging Market Report
New bonds between the Middle East and Asia, and a new backlash to the tech boom in Bangalore

Is the Federal Home Loan Banking System at Risk?
It's lent billions to smaller banks like IndyMac. And if it fails, taxpayers are on the hook

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