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Why Cash is King (Again)
Sources News Release
http://www.sources.com/Releases/NR885.htm
Publisher: Richard Martin
Date Written: 21/06/2010
Year Published: 2010
Resource Type: Article
Last week, the Wall Street Journal pointed out that cash reserves in US companies are at the highest levels since 1952.
Abstract: Last week, the Wall Street Journal pointed out that cash reserves in US companies are at the highest levels since 1952. Most of the analysis is focused on the risks in having such high levels of cash earning essentially no return. However, that is the reverse of the way businesses see this. In fact, the real risk is in not having enough cash on hand. Cash reserves provide a strong backbone to companies allowing them to be resilient in the face of economic hazards like another financial meltdown....
To read the full release go to http://www.sources.com/Releases/NR885.htm
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