Companies sit on $2.12 trillion in cash in third quarter

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WASHINGTON (Reuters) - U.S. companies sat on their largest pile of cash on record during the third quarter, providing a substantial buffer against any blow that might come from Europe's debt crisis, data from the Federal Reserve showed on Thursday.

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Source: http://www.reuters.com/article/2011/12/08/us-usa-economy-cash-idUSTRE7B71OS20111208?feedType=RSS&feedName=businessNews
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