[anastasia]

Originally Posted by yoyo

Also they have about $10 billion in cash.

Is Google a fund? //// Google is facing a hurdle other companies would love to confront: how to get better returns from investing its cash hoard without being regulated as a mutual fund.

Companies whose securities comprise more than 40 percent of their assets can fall under restrictions that govern the mutual fund industry. So Google, which has increased its cash and securities to almost $10 billion since its 2004 initial public offering, asked the U.S. Securities and Exchange Commission late last month for an exemption.

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[anastasia]

Originally Posted by yoyo

Also they have about $10 billion in cash.

Is Google a fund? //// Google is facing a hurdle other companies would love to confront: how to get better returns from investing its cash hoard without being regulated as a mutual fund.

Companies whose securities comprise more than 40 percent of their assets can fall under restrictions that govern the mutual fund industry. So Google, which has increased its cash and securities to almost $10 billion since its 2004 initial public offering, asked the U.S. Securities and Exchange Commission late last month for an exemption.

At stak -- This message may have been cut off and the rest will only be shown to members. To become a member, click here --