Sunday, June 26, 2011

Corporations Sitting On A Record Amount Of Cash | ThinkProgress

Corporations Sitting On A Record Amount Of Cash | ThinkProgress: "CORPORATIONS SITTING ON A RECORD AMOUNT OF CASH | CNBC reports that “the current members of the S&P 500 are sitting on about $800 billion in cash and cash equivalents, the most ever, according to data by Birinyi Associates, even as the unemployment rate has ticked back above 9 percent.”"