Oklahoma's Execs Struggle to Budget for Volatility

Summary

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In this season of wrapping corporate budgets along with the presents, one response seems to best capture the economic scene: bafflement.

"I don't know what's going to happen next," said Ken Tooman, managing partner of the Tulsa real estate firm Tooman Partners. "I've never witnessed anything like this before."

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Extract

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Oklahoma's Execs Struggle to Budget for Volatility

While that may play well with a mystery novel, such honest uncertainty from a 30-year business veteran should chill anyone trying to figure out where this economy's heading. Even executives who endured Oklahoma's near-depression of the 1980s find deciphering today's tea leaves far more difficult, for while the chaos of two decades ...

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