WRAPUP 1-Financial crisis weighs on executives' minds

 

By Patrick M. Fitzgibbons

NEW YORK, Oct 10 (Reuters) - The most serious financial crisis in decades has caused business executives and government officials around the world to rein in expectations for short- and long-term growth and warn that business volatility will be around for some time.

In a series of interviews with Reuters reporters, executives -- from industries as varied as industrial manufacturing to property to auto makers -- spoke of the widening global credit crisis and their many concerns.

Most said they were keeping a close eye on the global banking sector, following the passage of the $700 billion bailout package and the continuing global credit problems.[ID:nN10396077]

Stock markets around the world continue to struggle due to concerns the bailout will not be enough. [ID:nN10406129]

This is Reuters' sixth wrap-up of comments on the crisis.

For earlier wrapups, click in the brackets:

Oct. 9 - Crisis weighs on executives' minds[ID:nN09302948]

Oct. 7 - Crisis weighs on executives' minds[ID:nN07302156]

Oct. 6 - Crisis weighs on executives' minds[ID:nN06405405]

Oct. 3 - Crisis weighs on executives' minds[ID:nN03511637]

Oct. 2 - Crisis weighs on executives' minds[ID:nN02296330]

Oct. 1 - Crisis weighs on executives' minds[ID:nN01519221]

Following are excerpts and highlights from interviews with executives on Friday:

FORD MOTOR CO (F.N: Quote, Profile, Research, Stock Buzz) CHIEF EXECUTIVE ALAN MULALLY

Mulally ruled out a bankruptcy filing, saying the No. 2 U.S. automaker was focused on its turnaround and managing its cash "very, very carefully" as a market slowdown spreads to Europe and Asia.  Continued...