CEOs are losing their mojo as economic woes deepen


The economic anxiety gripping the country goes all the way to the top, according to a new survey. Chief Executive, a magazine for corporate big shots, polled 371 CEOs and found them bruised by the deepening recession, sending the publication's CEO Confidence Index to its lowest level since measurements began six and a half years ago.

Nearly all the executives polled -- some 95 percent -- said current business and employment conditions are bad. Most also believe they'll remain that way for the foreseeable future. Seven in ten said the recession would deepen in the coming quarter, while three quarters said unemployment would get worse, too.