Companies with Large Cash Horde
"In the wake of the financial crisis, the corporate world has built up huge cash reserves. In 2008, the non-financial members of the global S&P 1200 index – 975 of the world’s biggest companies
– had a total of $1.95tn in cash. But by the end of 2012, that level had jumped 62 per cent to $3.2tn as a result of companies hoarding cash following a banking crisis which shattered trust in sources of credit."
- Financial Times
"In the wake of the financial crisis, the corporate world has built up huge cash reserves. In 2008, the non-financial members of the global S&P 1200 index – 975 of the world’s biggest companies
– had a total of $1.95tn in cash. But by the end of 2012, that level had jumped 62 per cent to $3.2tn as a result of companies hoarding cash following a banking crisis which shattered trust in sources of credit."
- Financial Times
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