Summary
NEW YORK - Imagine the dilemma of having so much cash in your bank account that you didn't know what to do with it.
This is of course a pipe dream for the average American, but is now reality for the country's biggest corporations. The industrial companies that make up the Standard & Poor's 500 index - which excludes financial, transportation and utility companies - have a staggering $643 billion in cash and equivalents.See the full content of this document
Extract
Corporate Cash Heap Is Growing
Wall Street analysts remain unsure how companies will spend this record hoard. Even an unprecedented $500 billion of stoc...
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