<$BlogRSDUrl$>

Tuesday, May 30, 2006


 

Wondering where all the money is?


This should help clear things up:
The industrial companies that make up the Standard & Poor's 500 index -- which excludes financial, transportation and utility companies -- have $643 billion in cash and equivalents.
Is this a good thing? Don't be silly:
One of the biggest ways that companies have spent this excess money has been through mergers and acquisitions.
And we all know what mergers and acquisitions lead to--layoffs.


Why stop here? There's more...

This page is powered by Blogger. Isn't yours? Weblog Commenting by HaloScan.com High Class Blogs: News and Media