Replies to post #68166 on Intel Corp (INTC)

[smooth2o]

The Caymans...

Smooth

[Golfbum]

that's a real issue for small and medium businesses as well. they need cash to meet payroll and pay their vendors.

oopsies is not an option. fdic of 100k is way too small for many of these.

gb

[chipguy]

A serious question that I have been asking myself is where does Intel keep its $12 billion in cash?

Corner the hafnium market? ;-)

[The Duke of URL]

Put it in Dubai like Haliburton.

[Tenchu]

Windsock, > You can't keep the stash in $100 bills in a vault in the Noyce building in Santa Clara.

Cause you know, it makes much more sense to keep gold bars in that vault ...

Tenchu

[Sarmad]

>> A serious question that I have been asking myself is where does Intel keep its $12 billion in cash?

Short maturity T-bills work nicely for the purpose of holding the nominal value of the cash. But that does not work for the daily transactions of accounts payable and receivable. This is one reason why the government needs to restore confidence in money-market funds immediately. Even before evaluating long term measures. Companies can't write checks on T-bill assets. They need a cash account. And checking accounts higher than $100k are not insured (for the excess above $100k). But Intel needs to have $millions in their check-writing or electronic-transfer account.

This problem is what can cause a catastrophe within days. I don't know why Bernanke and Paulson mixed it in with the different problem of mortgage valuation.