Friday 15 July 2011

29 Companies with more cash than the US Government

This week, 29 companies have more cash and equivalents on hand than the US Treasury - Federal Reserve Account.   h/t  Zero Hedge           Three of the top four are in China and hold over a trillion bucks compared to thirty nine billion ready cash at the US Treasury.
39 Billion Bucks on hand
 (click to expand)

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