Monday 8 August 2011

Record Cash Showing S&P 500 Finances Beat U.S. as America Loses AAA Rating

By Nikolaj Gammeltoft and Rita Nazareth - Mon Aug 08 06:34:00 GMT 2011 The combination of the past two weeks’ $1.94 trillion equity wipeout, record cash levels and rising dividends means the Standard & Poor’s 500 Index is offering comparable values to Treasuries. The plunge since July 22 has ...

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