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Jul 01
2010
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Companies sitting on still more cashPosted by Ron F in Tax, TARP, recovery, recession, economy, demand, default, consumer spending, Congress, cash management, cash concerns, Cash, Carmen Reinhart, Careers/Management, capital expenditures, capex, Banks |
A survey released today by the Association of Financial Professionals will do nothing to dampen the austerity versus stimulus debate.
To wit: Forty-three percent of US corporations had larger US cash and short-term investment holdings this May than they did six months earlier. Only 24 percent of respondents reported that their short-term holdings had shrunk during the past six months.


