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Cash Levels for the top 50 non-financial firms didn’t change that much on the aggregate from 2011 to 2012.  Went from $412 Billion to $417 Billion.  BUT Peel Back the onion a little and look underneath and you see some interesting stuff. The top 350 firms now hold about 3.5% more of the overall cash pie than they did in 2011.  Buybacks anyone?? 


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