Findlay Park CEO on why corporates are ‘disgusted' with Washington

Findlay Park CEO James Findlay said US political parties' inability to make difficult decisions is provoking ‘disgust' among corporate management.

Findlay, manager of the $6.3bn Findlay Park American fund, said US companies' strong financial position is being offset, not just by the uncertain macro environment, but also "the inability of the two political parties in the US to make tough decisions in tough times". Findlay suggested the sense of political gridlock, coupled with grassroots protests in the US, could lead to a significant change in attitudes among corporate leaders and the general public alike. "Many corporate management we meet are disgusted with Washington's dysfunctional position," Findlay said. "The general at...