Have We Hit Bottom Yet? Execs Weigh In

When will the market finally hit the bottom? That's the question on investors' minds, and CNBC went straight to the C-suite for answers.

Dow Chemical CEO on Credit Crisis
Dow Chemical CEO on Credit Crisis   

“We have been seeing the declines, which have accelerated of course in the third quarter and now the fourth. We’re typically a lead indicator. I will not call the bottom yet. The sequential declines are slowing, which is a good sign, but I’m going to say that all of ’09 will be much like we’re feeling right now.”

- Andrew Liveris, Dow Chemical Chairman & CEO

Railroad Rundown
Railroad Rundown   

“If you look at some of the numbers, it’s hard to make a case that it’s going to get a lot worse…If you look back historically at recessions, we’re told if it’s a national recession in the U.S. it’s probably 10 or 11 months. We’re into it for a year now. This is probably—you can argue—a world recession. They run longer, 16 to 18 months, but maybe a year is behind us. So if we’re within five or six months of a potential bottom, we’re going to come through this stronger than we were.”

- Hunter Harrison, Canadian National Railway President & CEO

Media Mogul on the Markets
Media Mogul on the Markets   

“I don’t think we’ve hit the bottom yet. I think this wave will continue, and obviously we’re going to see commercial real estate really start to suffer, and there’s a lot of people that are losing jobs. I do think there is some blinking green light though for the media business.”

- Ted Leonsis, AOL Vice Chairman Emeritus